Coinbase, Binance, et al are the same.
Bitcoin volume is plummeting into this price-rise, on weekly charts.
Something is awfully off.
Now is not the time to fomo, fwiw, ngl, imho.
Ultimately, I adopted Knots because literally everyone arguing for Core revealed themselves as unserious people I would never have hired for the job in the first place.
Bitcoin network hashrate took a sizable plunge right around when the US bombed nuclear facilities.
Could that have knocked asics offline?
Mempool showing next difficulty adjustment (in 5 days) will be down about 7%.
As a rule I never use technology that listens-in on me, but I’d unhesitatingly buy a printer that responds to the voice command “oh shit no stop stop stop STOP!”
🛢️ 🛢️ 🛢️
Oil rallying to cling to the 60ksat cliff.
West Texas Intermediate Crude hangs on at 60,113 sats per barrel.
That’s 1,663.52 barrels per Bitcoin.
🛢️ 🛢️ 🛢️
The wisdom has always been and will always be, because it is eternal:
“When Young, Stay Humble and Stack Sats.”
“When Mature, Stay Humble and Spend Sats.”
“When Wizzened, dump your Sats on the open market every time Bitcoin makes an ATH and just keep dumping you fucking OG boomer who suddenly rebukes Satoshi and can’t gobble up the Fiat fast enough to engorge your OG ego/throat like No Face in Miyazaki’s “Spirited Away” because evidently YOU are the eternal downpour NOT Paper Bitcoin according to every “professional-ized” Bitcoiner who never actually sat a trading floor at any top-10 firm or hedge and somehow knows the inside of the world’s most sophisticated Rug-Pull Industry bar none so therefore we should trust Wall Street has open accountability because “muh bureaucracy” but in reality they operate freely as a “not my monkeys, not my circus” if you actually pay attention to the lack of circus master over more than two decades so—
—um, shit, sorry.
I believe I lost my train of thought.
Where was I….oh, yeah.
“When Wizzened, Stay Humble and Teach Sats.”
One of the most important things that Fiat investors don’t yet understand about Bitcoin is:
There is NO insider information.
Nobody is front-running you, nobody is using you for their exit liquidity.
There is no other asset globally that shares this fundamental advantage.
And one of the first things DTCC lobbied to implement was doing away with “bearer bonds” and the issuance of physical stock certificates - which effectively allowed Individual investors to take personal custody of their assets.
View quoted note →
If you don’t run a node, run a node.
If you do run a node, this video by Satashi21 is quite objective, easy to follow, and high-value IMO.
Stay Humble, Spend Sats.
When the US Government embraces Bitcoin, Bitcoin will become an asset of “strategic economic importance”.
Core Devs will be villainized. It will be generally accepted that such Devs be certified, Licensed and pass State clearance.
They’ll work out of a monolithic, windowless building on the central East Coast.
Ossification by individual node-runners will be penalized.
Then
Pressure will be put on other nations to comply, and most will.
The US Core Developer Agency will expand to include Devs from many (compliant) nations.
Node-farms as large as Mining-farms will overwhelm the remaining Pleb resistance.
Perhaps some Nation-States will be incentivized to engage this Node War. It’s unlikely they will succeed for long.
Known-Entity UTXOs will be given preferential treatment/fees.
“Unknown” transactions will be capped and fee-taxed.
Then disallowed altogether, and such Bitcoin lost.
——————————————————————————
I’m posting this in hopes that I will be made to look like an idiot for these suspicions. Because if none of this is verifiably impossible, it’s almost 100% probable.
Those thousand or so Bitcoin OGs who still have corn from the early years must all be Billionaires right now from all the selling they’re continually doing.
Is it all under the counter to Over The Counter…or on KYC exchanges I wonder…?
When the team that will be Pulling meet-n-greets you and has you sign-off as an accredited investor before they lead you to your place on the Rug….
…“In addition, Circle wrote that selling stockholders identified in its prospectus are offering 19.2 million shares, up from the previous 14.4 million.”
Wondering if anyone is using Ollama on Umbrel to self-host AI?
Specifically, how is the user experience, setup, and if more than 4gb RAM would be required…?