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Dr. Jeff
DrJeff@primal.net
npub1k7vk...c04l
Macro. Charts. Geopolitics. Random musings. Sometimes funny. Occasional doom and gloom. Fund management insights. Never individual investment advice. ** Nothing to do with Vailshire Capital Management, LLC or Vailshire Partners, LP hedge fund. **
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DrJeff 1 year ago
Every day, your government is working hard to convince you that ongoing theft of your hard-earned purchasing power is not only normal, but is actually good for you and for the economy. This is a lie, but very few understand it.
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DrJeff 1 year ago
Straight talk: There’s simply too much beer hate out there right now.
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DrJeff 1 year ago
Just got triggered by another bitcoin analyst write-up. So, for like the zillionth time... The last six months of price consolidation "at or near the 2021 highs" is NOT ATYPICAL OR UNUSUAL if you understand that: 1. The 2021 bitcoin price high of approximately $69k was an (abnormally low) anomaly, historically-speaking... and *should have* been closer to $125k. 2. The anomaly was caused primarily by China's sudden and effective ban of Bitcoin mining, which caused the hash rate to drop precipitously by approximately 50% in the spring/summer months of 2021. By the time hash rate recovered, the liquidity and leverage wave of late 2021 had reached its peak, limiting further upside price action. 3. Once understood, the current post-halving rangebound consolidation of approximately 40-60% of $125k (range: $50k-75k) is TOTALLY NORMAL and quite similar to 2H 2016 and 2H 2020 price action. Hopefully this makes sense and is helpful to those who are despairing and/or are new to bitcoin. Cheers. 🍻
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DrJeff 1 year ago
“Nothing is certain except death and taxes and $58K Bitcoin.“ - Benjamin Franklin, paraphrased
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DrJeff 1 year ago
#Nostr is freedom from being monetized.
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DrJeff 1 year ago
Shout out to the Chronic Complainers. Those who sit back and criticize the creators, the problem-solvers, and the doers. They run rampant on social media, mocking and trying to devour those who would advance humanity.... Focusing on past mistakes rather than myriad contributions. They are bitter, and want to spread their bitterness like influenza. Without them, the creators, the problem-solvers, and the doers would simply... get things done. Here's to you, Chronic Complainer. 🍻