Liquidity to King #Bitcoin

The 6-8 sat/vbyte area has been a floor on fee rate for 2024 so far.

Just because you survived the bear, doesn't mean you can ride the bull.

Some of y'all haven't been doing your pushups.

Nostr is a mood boost. Immaculate vibes.

The spark becomes the flame #Bitcoin

I was at a local meetup this month and an ETH guy showed up. Everyone there was nice, "Let's give this guy a shot" we all thought. He proceeds to claim that ETH has a terminal supply cap of 25 million. They are not sending their best.

2-3 year HODL wave. Top buyers from the last cycle are moving their coins.

Cozy and flagrantly long bitcoin.

Every generation thinks they invented the blowjob.

The bitcoin strat is OP. You're telling me I can own the best money in the known universe AND it's undervalued. I get otherwordly features AND price appreciation. The bitcoin strat is OP.

Price discovery for base chain fees. At least for the time being-12 sats vbyte seems to be some kind of support, or fair value. Where will the new floor settle and will it be higher than 1?

We are cypherpunks. We write code.

Man if you're a millennial and you're not keeping material portions of your wealth in Bitcoin you have no excuse anymore. None. Bitcoin has been winning for HALF YOUR LIFE now.

New local lows for gold. Now 4 mil sats per oz.

Transaction Fees Lots of people seem to accept that fees will go up, but will they go up in bitcoin terms? This is the 90 day moving average of total fees paid daily in bitcoin terms. There are two ways of looking at this chart IMHO: 1) Fees have been broadly going down in bitcoin terms since the 2017 run. - or - 2) Remove the anomalous 2017 spike and fees do appear to be increasing in bitcoin terms over the course of history.

I will not tell normies to HFSP

In my journey to discover value in the jumbling cityscapes of crypto I ended up using a lot of the major crypto currencies. I signed a defi contract for stablecoin yeild I bought and custodied an NFT I staked cardano through a client I sent solana, avalanch, and ERC-20s like chainlink I ran a Monero node and miner I ran a bitcoin node and used it as a backend for my wallet I opened lightning channels Bitcoin does have a long way to go in terms of user experience. However it is, in many cases, lightyears ahead of the smaller networks it "competes" with. We stand on the shoulders of the giants that came before.

Sell the what now? Dollars?