Did you notice? Starting September 12th #bitcoin has completely decoupled from risk assets (QQQ & SPX) and is now correlated with Gold and Oil. Leaving aside the 16th October move - which was likely due to the ETF approval expectations - the new up trend after that is much more interesting because it is not connected to any particular market news. This is an healthy up move towards the average realized price of $ 32.000 which is the next resistance level as mentioned in this Note
Above the current Central bank´s base money for the top 5 currencies $ 27,4 Trillion of which $ 20 Trillion (ca 2/3) are only digital bank reserves and $ 7-8 Trillion (ca 1/3) is physical cash/banknotes.
The above chart shows the avg compound growth rate of the base money supply at 13% per year (1,1% pro month) since 1969.
The above chart shows world population 8 billion growing at compounded 1,5% per year, while physical cash is $ 8,9 Trillion and has been growing at 10,5% compound per annum i.e. 7x the population growth. Now ask one of those Keynesian economics professors to explain you how this would not cause price inflation.
The above shows the total US money supply growth from 1959 at $ 303 billion to today $ 38,5 Trillion
Now it gets interesting. The above shows the power trendline (black) for bitcoin price. The blu line is a 1 standard deviation move and the red line is a 2 standard deviation move (i.e. a 5% percentile move which happens only in 5% of the cases) . The vertical line shows the FTX collapse when bitcoin price hit the extreme of the red line 2 standard deviation move at $ 16.000.
This is where we are today with #bitcoin price around the 1 standard deviation blu line $ 28.000 while the trend line remains far above at $ 56.000
As a matter of curiosity the trend line projection at April 2024 for the halving shows a price of $ 73.400.
Since a 2 standard deviation move happened both in 2014 and in 2018 and a move above the 1 standard deviation - but not to the 2 standard deviation -happened in 2021, it is interesting to project both the trend line price and that of the red and blu lines at the end of 2027:
- trend line at $ 256.000
- 1 standard deviation at $ 566.000
- 2 standard deviation at $ 1,7 Mil
If we project out to 2030 we have:
- trend line at $ 610.000
- 1 standard deviation at $ 1,3 Mil
- 2 standard deviation at $ 4 Mil
BUY #bitcoin
Enjoy the Whatbitcoindid video here
The USA-Zionist shadow government has vetoed a UN Resolution proposed by Brazil which clearly condemned the attacks by Hamas, urged the release of hostages but also called for a "humanitarian pause" or ceasefire to allow water, electricity and medicines into the Gaza prison camp where 2,3 million Palestinian prisoners are held captive and deprived of their land, food, medicines, water and electricity. The US-Zionist puppet ambassador justified the veto as follows:
"Colleagues, the United States is disappointed this resolution made no mention of Israel’s right of self-defense. Like every nation in the world, Israel has the inherent right of self-defense, as reflected in Article 51 of the UN Charter. Following previous terrorist attacks by groups such as al-Qaida and ISIS, this Council reaffirmed that right. This text should have done the same."
Israel and the US are completely disregarding Art. 33 of the Geneva Convention which prohibits the "collective punishment" performed by Nazi Germany during the WWII and pretends that exterminating civilians in Gaza by indiscriminate bombing and cutting vital water, electricity and food equals to "self-defense". The Zionist state wants to rewrite International Treaties to suit their needs after having pumped money into Hamas pockets for years when it suited its needs.
"The guardians of the Fiat system: the Jewish banking cartel
Those who guard and control the fiat system are the Jewish banking dynasties. The likes of Rothschild, Sassoon, Sebag-Montefiori, Warburg, Lehman, Goldman, Salomon, Schiff, Joseph Hambro, J. Henry Schroder, Samuel Montagu, Emile and Isaac Péreire, Lazard Brothers, Speyer brothers, Seligman brothers, Stern brothers just to name a very few.
They deploy their immense wealth via their investment vehicles - Blackrock, Vanguard and State Street - which in turn own most of the worlds´ listed companies, in a web of intricate equity participations which ensure the control of key business sectors (media, pharma, arms - pardon - defense, tech, communications, food, energy, everything).
Via their investment banks they also own most of the western Central Banks and therefore control the levers to pursue "independent" monetary policies. The politicians then spin the narrative that Central Banks are independent and pursue policies of "price stability" to reach whatever % of annual inflation is “good for the economy”, as if - reducing by x% the purchasing power of your hard-earned money - it is in your interest.
And since today most of the money is created in the form of credit - i.e. debt issued with a click by commercial banks - they also control the levers of all the money flowing into the commercial sector and households in the form of credit/loans. Basically, they have the absolute monopoly on money from its creation to its distribution and rails."
A group photo of the "war criminals" and "the axis of evil" meeting at the BRI in Beijing who hold the keys to the world resources and growing consumer markets. Unipolar US hegemony is clearly history. The short guy in the middle is also travelling in the face of the west's ICC international arrest warrant. Only 10 years after the launch of the BRI, they already hold a larger share of the global GDP than the G7 countries.
Alarming for the morally corrupted and decadent west is the rate of increase of the BRICs economies and rate of decrease of the G7 countries.
It is even worse if you consider the much more appropriate PPP adjusted values. Here China has already largely surpassed the US as the n.1 world economy, while Russia is very close to becoming the n.1 European economy and will likely overtake Germany in 1 or 2 years.
When communist China substantially tells the Jewish puppet master (Netanyahu) and its corrupted western political puppets (Biden, Von der Lies & Co) that they are violating the Geneva Convention and committing war crimes against Palestinians, we understand that the world is now upside down and we - in the west - are now on the wrong side of history and in for a long fight for freedom and to re-establish the rule of law both domestically and internationally:
"Israel’s actions have gone beyond self-defense and it should heed the call of the international community and the Secretary-General of the United Nations to stop its collective punishment of the people in Gaza," Foreign Minister Wang Yi told his Saudi Arabia counterpart Faisal bin Farhan Al Saud in a Sunday call.
In a separate call he told Turkey's FM: "The exercise of the right of self-defense should abide by international humanitarian law and should not be at the expense of innocent civilian casualties."
And sadly - according to Art 33 of the Geneva Convention - the Chinese Foreign Minister is right. Jews and their American and European criminal accomplices are doing to the Palestinians exactly what Nazi Germans did in 1941 at the Kragujevac massacre to the Serbs killing over 2.700 Serbs in a ratio of 1 to 100 for every German soldier killed.
Why I no longer stand with Israel, and never will again
#israel #gaza
Your WIFI can now see all you are doing in the "privacy" of your home, soon just like a videocamera. 1984 George Orwell in real life.
Only in the last 3 years:
- The Covid pseudo-pandemic narrative vs the brave who refused the experimental gene therapy
- The good western democratic order and its puppet Ukraine vs the devil Russia
- The Jewish puppet masters in Israel and its puppets in the good western democratic world (including the Vatican) vs the devils Palestinians and the whole Muslim world
And while you are in the grip of a cleverly created Mass Formation Psychosis you accept all sort of restrictions on your basic rights and end up losing all you have left.
#Bitcoin and #nostr are the tools to opt out of that system of mass manipulation, surveillance and oppression.
@Edward Snowden
at #Bitcoin Amsterdam:
@snowden at #Bitcoin Amsterdam:
"All of the people tracking price and looking at headlines involving the SEC. Gary Gensler is not Daddy Bitcoin. I don't really care what he thinks and I don't think you should either."
"We are all part of a bigger game and Bitcoin is one of the strongest levers in that. The systems that we are influencing, that we are exerting leverage on - payments and finance - will shape what the world of tomorrow looks like."
Snowden also tipped his hat to the creation of #Nostr, which he described as powerful in conceptualizing the integration of free speech and free trade.
