The Grateful Dead, Cypherpunks, and Bitcoin: What a Long, Strange Tale

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The Grateful Dead, Cypherpunks, and Bitcoin: What a Long, Strange Tale \ stacker news

dead “We will create a civilization of the Mind in Cyberspace. May it be more humane and fair than the world your governments have made before.�...

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GM frens! ☕

Zap it like you mean it ⚡

With #bitcoin back above the 200-week SMA, much higher prices are the most likely path forward. However, the resistance level at $28.8K remains unbroken for now.

MekongMonkey

The Weekly Close #21: Preparing for lift-off

With bitcoin back above the 200-week SMA, much higher prices are the most likely path forward.

The best time to buy #Bitcoin was in the last six months when BTCUSD traded below the 200-week Simple Moving Average. The second best time is now.

MekongMonkey

The Weekly Close #20: Over the moon

Bitcoin reclaims the 200-week Simple Moving Average. The future is looking bright and orange.

What's happening at the frontier of a bright, orange future and the global financial casino? Find out in this week's edition of The Weekly Close. #bitcoin

MekongMonkey

The Weekly Close #19: Hold the line

In a bad week for the global financial system, bitcoin managed to avoid death once again and hold onto its range. This is another potent sign for t...

BTCUSD is still playing the waiting game. The more time spent in a tight range, the more violent the next move will be. Either the price breaks through the 200-week SMA, and we'll be at $30K in no time, or bitcoin breaks down through the 21-week EMA, and we'll be back at $20K or lower. #bitcoin

MekongMonkey

The Weekly Close #18: Waiting for action, part 2

The bitcoin price is still playing the waiting game.

GM ☕ “The person is free who lives as they wish, neither compelled, nor hindered, nor limited—whose choices aren’t hampered, whose desires succeed, and who don’t fall into what repels them. Who wishes to live in deception—tripped up, mistaken, undisciplined, complaining, in a rut? No one. These are base people who don’t live as they wish; and so, no base person is free.” —EPICTETUS, DISCOURSES, 4.1.1–3a

Strong opposing forces are working on the #bitcoin  price. It is either time to gamble or, probably the best approach, wait and see how this plays out in the week ahead.

MekongMonkey

The Weekly Close #17: Waiting for action

Bitcoin is still stuck below the 200-week Moving Average.

GM nostr! ☕ “You shouldn’t give circumstances the power to rouse anger, for they don’t care at all.” —MARCUS AURELIUS, MEDITATIONS, 7.38

If you are not stacking sats you're probably not going to make it.

Many many lucky lucky!

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GM! ☕ “Remember that it’s not only the desire for wealth and position that debases and subjugates us, but also the desire for peace, leisure, travel, and learning. It doesn’t matter what the external thing is, the value we place on it subjugates us to another . . . where our heart is set, there our impediment lies.” —EPICTETUS, DISCOURSES, 4.4.1–2; 15

After six months of drifting below it, bitcoin finally made contact with the all-important 200-week Simple Moving Average again.

MekongMonkey

The Weekly Close #16: First Contact

Bitcoin's back at the 200-week SMA.

"Whoever tries to lay his trip on others is acting from terror, and will soon resort to terror as a weapon if the others won’t accept the trip through persuasion." (from "The Illuminatus! Trilogy: The Eye in the Pyramid, The Golden Apple, Leviathan" by Robert Shea)

Taxation is theft.

GM! ☕ “Remember to conduct yourself in life as if at a banquet. As something being passed around comes to you, reach out your hand and take a moderate helping. Does it pass you by? Don’t stop it. It hasn’t yet come? Don’t burn in desire for it, but wait until it arrives in front of you. Act this way with children, a spouse, toward position, with wealth—one day it will make you worthy of a banquet with the gods.” —EPICTETUS, ENCHIRIDION, 15

GM! “It is quite impossible to unite happiness with a yearning for what we don’t have. Happiness has all that it wants, and resembling the well-fed, there shouldn’t be hunger or thirst.” —EPICTETUS, DISCOURSES, 3.24.17