So many bitcoin luminaries, great people way smarter than me, as well as YouTube and x grifters have been talking non stop bullish around the combination of the etf and the halving. But none of them, that I have heard, have considered the 600k disgruntled gray scale btc that might have been waiting for years to escape and now they have their chance. At the halving the yearly output will be approx 160k btc which over 4 years is just over 600k. This means the halving might not actually happen if all the gbtc is sold as well. The supply shock could well be too much bitcoin!

Well I'm confused. After months of experts saying the etf approvals were going to create massive green candles it seems that a record opening day of $4b actually pushed the price down. What happened to the multiplier effect x118? Do we now have a paper bitcoin problem? I know there were issues with vanguard etc and I know gbtc holders might have dumped but does that really explain this fizzer of a day? In any case I was pleased to be able to buy some more at yesterday's prices, which I was not expecting to be able to do.

A wild duck ran into our garage last night and caused mayhem with our 8 dogs. We were able to grab it, put it in a cage and feed it up... the little thing was super stressed and had probably escaped a sacrifice ceremony on the beach in which the Balinese throw these baby ducks into the surf. This morning the duck looked great and we set her free in a nearby rice paddy with irrigation streams running throughout. The expression, "like a duck to water" came to mind as we watched her swim away. Nice morning!

Have a supernatural Sunday.

I'm looking for a funky beat for this funeral groove.... let's get something going mix masters 🤙🕺👌

Hello all, I'm looking for some help here - I'm getting zero interaction and thinking that maybe my relays are not set up, or I've missed some payments - not sure how to check on amethyst: when I look at my relay page I get 6 or 7 error messages saying amethyst can't read them. The other possibility is that in spite of following more than 400 peeps and having more than 400 followers my feed is just a dull as shit unheard pulse in the nostr-verse....

Some Purple Haze in the purple world of nostr Good morning from Bali! 🤙 https://stemstr.app/thread/25d2d8ff3927218c29994d5611d40e570ee9281af7dda02f1871aef6123f98b1