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Willy Woo
woonomic@NostrVerified.com
npub1clwv...xhme
#Bitcoin analyst.
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woonomic 3 years ago
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woonomic 3 years ago
So the Lightning Network channels are declining while node count is up. Does this mean the channel paths are calcifying around well worn routes? Any LN experts out there know what's causing this divergence? image
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woonomic 3 years ago
Decent liquidity gap to $42k. April should be an interesting month to watch. image
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woonomic 3 years ago
Been hanging with normies IRL this month and whenever I can, I ask whether they know what a CBDC is, almost always they have never heard of the term unless they have an anti-vax stance or are versed in Bitcoin. Mainstream media has long lost its value, just a net negative spewing propaganda.
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woonomic 3 years ago
#Bitcoin sustainability makes another ATH. Now 54% powered by clean energy, climbing month by month. Model by #[0] image
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woonomic 3 years ago
While I'm in NZ, #[0] dropped by. We spent today day translating some of his work into live charts so the world can keep easy tabs on #Bitcoin's progress towards being carbon negative, least of all people shaping policy where this data is critical. This will go live soon. Emissions are roughly the same as 3 years ago despite market cap being 3x higher and user adoption 4x higher. In terms of CO2e intensity, the #Bitcoin network is making great strides putting out 3x less CO2e per kWh of energy use (0.09 grams per kWh presently). Daniel's best extrapolation is that is on track to go carbon negative in 4 years. image
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woonomic 3 years ago
Likes should be deprecated in favour of zaps. We should have terminology for popular posts. Like: > 1k⚡️ killer post > 1m ⚡️mega post Etc.
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woonomic 3 years ago
Follow #[0]​ for latest quant research on #bitcoin carbon impact and the debunking of the central bank ESG propaganda
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woonomic 3 years ago
I’ve been zapped $20 this last week posting less than 10 tweets. I have less than 4000 followers on Nostr and 1m followers on Twitter, that’s 250x less followers. $20 x 250 = $5000 for 10 tweets. Nostr has potential to be the next content creation platform that will pay better than YouTube.
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woonomic 3 years ago
Tweeted, special thanks to Nostr my content sponsor. 😂 image
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woonomic 3 years ago
Nostr has better network effect than Bitcoin. It should grow MUCH faster. Nostr is governed by Metcalfe’s law, value of network = users ^ 2. Whereas BTC doesn’t get that luxury (buying BTC and HODLing does exponentially add value to the network). I took Bitcoin 14 years to get to approx 500 million users. I suspect Nostr will get there in half the time, maybe much less.
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woonomic 3 years ago
Simple is powerful. Here's the timing of BTC. Prolly means we are entering the re-accumulation zone. image
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woonomic 3 years ago
This cost basis contour map shows the dense areas where coins last changed hands between investors. One of the key signals that the next bull market has commenced is when price rises with significant coins changing hands to chase it. That's what's happening right now. Posted on Nostr first, Twitter gets a time delay. image
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woonomic 3 years ago
What’s the best Nostr client to post images? My ideal UI is the ability to cut and paste images from the clipboard just like Twitter’s web UI.
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woonomic 3 years ago
Fundamentals are starting to pickup on #Bitcoin. Fundamental Strength Indicator no longer overheated and starting to rise (FSI tracks strength of 17 fundamental and technical indicators). If price gets much above 25k, we could be in for a short squeeze. image
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woonomic 3 years ago
Through the lens of cost basis between new buyers and old hodlers this is where we are at in the macro cycle. image
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woonomic 3 years ago
Bitcoin Fundamental Strength Indicator has been cooling off from overheated for 3 weeks, preventing further bullishness. Doesn't look done yet. Probably a good time to sit it out. FSI tracks momentum strength on 17 technical and on-chain indicators (effectively MACD on my Bitcoin Macro Index which I posted once on Twitter). PS. I'm posting charts on Nostr first, Twitter second with time delay (or maybe not at all). image
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woonomic 3 years ago
Nostr is the result of Austrian School Economics. Twitter is Keynesian.
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woonomic 3 years ago
Twitter feels like toxicity and fake news pumped into my brain. In stark contrast, Nostr feels like a place for civil conversation to build the future, with an overarching feeling of common ownership. The last time I felt this excited about a technology was when I found Bitcoin in 2013. Before that was pocket computers / smartphones in 1998.
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woonomic 3 years ago
Cathy Wood's price prediction of $1m BTC by the end of the decade basically means BTC becomes a major reserve currency, placing itself a close third behind USD and Euro. i.e. $21T USD (2022 M2 supply) $17T EUR (2022 M2 supply) $17T BTC (2030 predicted cap)
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