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Matthew J
MatthewJ@bitcoinveterans.org
npub1lxzw...fplf
Bitcoin Veteran. Managing Member of BitPrint Solutions.
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Matthew J 6 months ago
This is the bear market. This time is mild. In 2022, hashrate dropped from over 240 EH/s to around 125 EH/s. We now dropped from 1 Zettahash per second to 900 Exahash per second. 10% decline in hashrate vs 2022 where we dropped around 40%-50%
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Matthew J 6 months ago
Biggest reduction in liquidity in over 50 years... When they start printing. Bitcoin bull run will break all your models.
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Matthew J 6 months ago
The average cost to mine 1 ounce of gold is $1300-$1400. Current price is more than 3x that. Bitcoin costs more to mine than its currency fiat sales price. We are going much higher.
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Matthew J 6 months ago
Vanguards and banks opening up bitcoin extraction tools ("services") in January. Remember the etf's? Price dropped, before it ran. That is what is likely happening behind the scenes.
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Matthew J 6 months ago
Bitcoin should be seen as the ultimate measuring stick for value because it is the only form of money that is truly scarce, immutable, and outside any government or central bank’s control. Unlike fiat currencies that can be printed endlessly—silently stealing purchasing power through inflation—Bitcoin’s supply is capped forever at 21 million coins, with issuance slowing predictably until around 2140. Over 95% of all bitcoin that will ever exist, have already been mined. This hard limit makes it the closest thing humanity has to digital gold, but better: perfectly divisible, instantly verifiable, and borderless. When you price goods, services, or even other currencies in bitcoin (sats), you’re measuring them against something that cannot be manipulated or debased. Over time, as adoption grows and fiat continues to inflate, everything else trends toward zero when denominated in Bitcoin, while Bitcoin itself reveals the true, erosion-free value of your work, savings, and assets. In a world of endless money-printing, Bitcoin is the honest ruler—everything else is shrinking.
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Matthew J 6 months ago
Almost 1 million bitcoin has been pulled off from exchanges in the last 12 months image
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Matthew J 7 months ago
Cutting ties with big banks isn't enough. Cut ties with fiat nation state currency, and join the bitcoin revolution. Bitcoin is for sovereign individuals.
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Matthew J 7 months ago
The tradfi lies and manipulation roadmap: If your "vote harder" color is red: 1. Bitcoin is China coin. 2. Bitcoin has ties to Epstein. 3. We don't know who Satoshi is. If your "vote harder" color is blue: 1. Bitcoin is bad for the environment 2. Bitcoin wastes electricity 3. Bitcoin is a ponzi scheme If none of that worked... 1. Bitcoin crashed down 40%, it is highly volatile. 2. Self custody is dangerous, you might get hacked. As they fill the news feed with these narratives, they have stacked over 5% of the entire Bitcoin supply that will ever exist. They are also getting involved in bitcoin mining and pushing legislation. Stay focused. We haven't won. The battle is just beginning. Not your keys. Not your bitcoin. Stand up for your rights, or they are sure to be taken.
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Matthew J 8 months ago
Bitcoin has been above $100,000 in fiat US war currency, for 200 days. At 1,100-1,200 days we hit $1 million of bitcoin value, when measured in fiat US war currency. 2027-2028, $1 million per bitcoin. You heard it here, again...
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Matthew J 9 months ago
According to coinmarketcap, there are 21 million "cryptos" If MSTR was listed as an altcoin (💩 coin) It would have the 7th largest market cap of all 💩 coins. There is room for MSTR to go up, or 💩 coins to go down... eventually MSTR will be the biggest market cap "altcoin" That's the prediction. MSTR will be the biggest 💩 coin. image
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Matthew J 1 year ago
Bitcoin Dominance at 74.7% (excluding stable coins, which shouldn't be included anyway) image
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Matthew J 1 year ago
trumps hypershitcoinization is here. the trump administration will do some great things over the next 3 years, but will ultimately be remembered in the distant future as the president who allowed in the cbdc Trojan horse, into his shitcoin reserve.