Hi all. Back from my ski trip on Saturday. Hope all are well.

Another pump and dump? Having a certain amount of crypto in cold storage may not be a bad idea.

Crypto Statto

About to fly to Salzburg - a week's skiing .

A good day for bitcoin.

Covent garden/Trafalgar Square earlier in the week.

How is everyone doing this weekend? Another big effort on the calculation engine for our automated trading app.

Same thing as always. More development work on our Cryptocurrency analytics platform.

Been so busy today building more out for my automated trading tool, barely checked the market. Would nice to see more volatility. Such is life.

How many of you use lnurl-auth? A way of signing into websites?

Am thinking to put nostr as a verification system for my Cryptocurrency platform www.cryotostatto.com. The basic idea would be you would enter your public key, and you would receive a message with a link. Once activated, you could from that point on sign in using your public key. I thought about adding oauth from twitter and other platforms but tbh it is a ball-ache. The first question - would you sign into external websites using your nostr key? I wouldn't store the key, just create a hash with a salt. I think it would be pretty cool. Currently my site asks for two emails, no password. I just don't think people dig it. I hate passwords and thought it was neat as users could just set up new email accounts to be anonymous. The idea was you could have an email account on a mobile and one on your desktop or wherever but I just don't think people are up for that. The platform charges for access to reports but charging is switched off at the moment. I guess the one risk with a single key is someone could accidentally enter their private key. I could just discard those. Annoyingly, it would take a big of effort to set up within my current architecture. The likely solution would be an authentication gateway. It would be great to hear what others think and if there are sites they use that does this already?

Afraid to say that the one thing I keep putting out is to not "Buy the dip" is exactly what most are doing. There are articles written about this on our site at www.cryptostatto.com/articles . We know that an overriding number of users on Nostr are Bitcoin Maxis. However, there are gains to be made in crypto and some great projects. The key thing most keep cycling out on X and on YouTube are ridiculous phrases like "Which coins are you buying?" "I'm buying the dip" "New prediction for ADA is $10 in three months." These crypto influencers owe you nothing. There is no contract, once you have bought coins with your last amount of savings and it drops 20%, these scammers won't be there to cover your losses. Indeed, if they are genuinely buying coins, it will undoubtedly be rebalancing their portfolio a bit. Another thing which is incredibly vulgar are those screaming, "Bitcoin has dropped to $80000, now it is $84000, I bet you are kicking yourself!" To make that $4000 you would have to risk $80k or use leverage and we know how volatile crypto can be. This is why I created crypto statto, to provide metrics and data to help people accumulate coins. Still a good way to go, but we need more honesty in the Cryptocurrency market. The only way to build crypto is to accumulate it for as little to no cash as possible in my opinion. Do your own research. Ciao.

Good morning.

Got our automated chart production working. Two cryptocurrency charts will be published, probably 3 times a day. If anyone wants bitcoin only charts, let me know. Any ideas, let me know. Our crypto analytics platform uses recent data to produce analytics on the crypto market. www.cryptostatto.com

Apologies team. Just testing out chart uploading.

Well, that's cool. Will be publishing regular charts on here related to cryptocurrency. Thinking the crowd on here is pretty bitcoin focused but have seen some interesting stuff. Really liking nostr so far.

So-called expert opinion financial times article seems to be constructed by the unthinking.. In this article, a narrative is spun on why the ECB may not sustain a 2% rate of inflation. The one question nobody asks is why do they want 2% inflation a year? Is this about inflation of the money supply or price inflation? We would think it means the former but likely discussing price inflation. Which means Christine Lagarde is committed to making things 2% more expensive every year. Why? To keep people working? To erode savings? To inflate away debt? In a productive economy, the costs of many goods and services should go down. The end result is many reading the article believe 2% inflation is necessary but don't know why.

Client Challenge

Have a good analogy I just posted on Mike Maloney's gold and silver channel. There is a lot of talk about whether all the gold exists in Fort Knox. By Mike's reckoning, the fed owns 0.04% of the gold held at Fort Knox. The issue with hard assets is they retain their wealth but are inflated away in comparison to the money supply. Imagine living in a small town with an exclusive area with a park. That exclusive area is retained, its quality pure, but outside that area, the town grows ragged and rundown. The value of that area does not diminish but it becomes irrelevant to the overall condition of the town. Bitcoin is super interesting because it is claiming back that town, bringing high quality to that town, but can it save the town?