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Helping navigate #Bitcoin's volatility Newsletter checkonchain.com Onchain Analyst _checkonchain Charting Suite charts.checkonchain.com

You're going to lose people with that approach. By saying the money people literally use day to day isn't, but your internet funny money is, you've lost the audience.

This is why Austrian economics never takes off. People who pitch it ALWAYS lose the audience in the conversation.

I understand you, most people won't hear it.

You're separating MoE and SoV/UoA in this distinction. Which is by the way what id happening, the savings asset function of bonds (dollars with yeild) is being replaced by gold and Bitcoin.

Currencies are gov issuee monies which have shit SoV properties. Money is still the parent umbrella.

The Bulls Last Stand.

My latest analysis piece is out for Checkonchain subscribers assessing c onditions at the critical $95k level.

It's do or die now folks.

https://newsletter.checkonchain.com/p/the-bulls-last-stand

The dollar is money, and it's just intellectually dishonest to say otherwise.

I don't think I've ever said Bitcoin is just an investment to make dollars with, what I would have said is 'the vast majority of people do in fact believe that'. As evidenced by their behaviours, of selling in bull markets.

Your mistake is actually thinking I am expressing my ideological view, but instead I am simply pointing out the objective facts about how the market operates.

You will find that people like you and I, that see bitcoin as money and fiat as trash, are the smallest minority of people. Most people have no fucking clue, and are indeed fiat maximisers.

Not the world we want, hut the world we live in.

Only if you explain why you're being so difficult? You were pestering Anja with these silly questions about me 'being short' too, and I want to understand what your problem is?

No mate, just pointing out some realities as i see them.

Which is what analysis is the process of doing.

It totally disappeared.

If you buy a stock at $100 and the next day it opens at $10, you've destroyed 90% of your value

The guy who sold you the expensive stock was eitheran insider getting paid, or an original owner of whatever the business model was before bitcoiners took over management

I never short, I just stay humble and stack sats man.

I analyse the market because I love solving the puzzle. Trading is for the 0.01% who can to it.

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"Well there was always going to be leakage as management has to get paid (and healthily I may add)."

Yes this is the central issue. And I know you would know as I'm sure you were amongst those who, due to your public persona, were offered enticing endorsement deal.

When it gets to that stage when they would be so desperate to perpetuate the mirage at any cost, you know the whole thing has gone upside-down. Time to unwind. Personally I'm glad it bursts now and not later on.

Such pathetic money grabbing.

Good on everyone who just stack pure hard unconfiscatable bitcoin, for the uptenth time, once the market sorts itself out, the stackers will be vindicated.

I was offered a 'Head of Bitcoin strategy' role at 5 treasury companies.

I said no to all of them, without asking anything about the package. Not interested, I love my job as it is.

Well there was always going to be leakage as management has to get paid (and healthily I may add).

A lot also never actually bought BTC outside pipe deals to insiders, and a bunch ran these scammy BTC converts with whales (whale can retract their BTC if the stock price doesn't moon).

Question marks at every corner.

Spend an hour looking through how many TCos actually bought Bitcoin outside PIPE deals by insiders, or questionable convert deals with whales who have the right to call their Bitcoin back if the stock doesn't appreciate.

There is so much fagazi below the covers.

I ran the numbers. Theres about 3 months since launch could you have bought, and been better off that your original CAPEX today, especially once you factor in taxes.

One of the notable reasons 2025 underperformed is a lot of Bitcoin capital was coaxed into buying expensive Treasury company stocks, which then proceeded to decline by 90% or more, incinerating value.

The firms didn't buy BTC volumes anywhere close to the amount investors gave them.

Stay humble, stack sats, is the wisest meme in Bitcoin, and it comes from the experience of Bitcoiners who have already learned this lesson.

The new shinny thing is there to take your Bitcoin. Everybody is a scammer. The solution, is to stay humble, and stack sats.

The promoters will return.

Ignore them, they want your bitcoin.

Stay humble, stack sats, and focus on your craft and family instead.

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Replying to Avatar Meyer

nostr:nprofile1qqsqt6gwlarurc8v4aw9hh2vkfdedxfh9zngmza0tlw4e66wf3fzvjqpz3mhxue69uhhyetvv9ujuuntw4ejuum99uqekamnwvaz7tmwdaejumr0dshj2v3swaehxw309ahx7um5wghxcctwvshj2v3sy5erqctkv96xzu39xgc8wumn8ghj7mn0wd68ytnhd9hx2te9xgcz2v3sv9mxzarpwgjnyvrhwden5te0wp6hyurvv4ex2mrp0yhxxmmd9ujnyvrhwden5te0wfjkccte9ejxzmt4wvhxjme0y5erqamnwvaz7tmjv4kxz7fwwdhx7un59eek7cmfv9kz7en8t9m can you explain how saylor pays $114.7k per coin when price hasn’t been that high in two weeks?

Still no market manipulation by the shitcoin exchanges?

Again doesn’t matter in the long run as we will find out who is swimming naked but it’s just annoying that we claim suitcoiners and shitcoiners aren’t manipulating price in the short term

I have long said that whoever strategy pays to execute their buys, should be fired. They always get terrible fills well above market. Either the company is paying way too much premium as a fee, or their trade executors are really bad at their job.

It's not manipulated, that's the cope answer.

Welcomed a new Bitcoiner into the world on blockheight 913,569.

Actual magic.

If you have been in Bitcoin for a cycle or more before today, you have experienced a once in a lifetime event.

You built the conviction to hold an asset which the entire world told you was destined for nothing. Literally everyone said you were wrong, at scale.

That character building dynamic, is no longer the case. Wall Street, government policy, and even the media is at minimum less negative, but mostly now positive.

Building conviction in Bitcoin now is easy, folks just pass off responsibility to their money manager.

If you stood the hardcore test of building, forming, challenging, and reshaping your conviction over years, amidst the most hostile social environment against Bitcoin we will probably ever see, well done.

Yes the asset is awesome.

But the lessons you learned, and the trust you now have in your own decisions and ability to reason, cannot be replicated.

You lived a once in a lifetime experience.

Put it to work in your life, and make it better.

For all the chess players in the room, what is your favourite piece, and why is it the Knight?