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BitcoinGranny
0dc489213004091b5c9ab66de39d5f5d90feccdc1060834b7fd40efc5fdfbd9d
Obsessive observer of bitcoin.

I'll tell him you said that!! 🤣

I came home from an entire month on the road, began a new habit of going out for a breve latte every day. Sometimes with a pastry...uh oh.

Three months later I am 8 pounds heavier.

No more breve lattes!! Black from now on.

#coffeechain

I still dream of owning another cat. It has been 3 years since my 20-year-old cat completed its 9th life. My better half does not want another cat. What should I do?

#asknostr

Punishment, control, & fear=

The Nation State

So far, #bitcoin has not fixed this....

GM bitcoin peeps!

7 hours of sleep last night!

A blessing.

#bitcoin

Just that it is so complicated. DCA bitcoin is so easy.

I wish. She's been marinating in the central bank/statist soup for too long. Then again, I woke up in 2012, but she is in survival mode. I wasn't.

Is it a good idea to make an exposé documentary about the Department of Corrections and the criminal probation/parole system?

#asknostr

Replying to Avatar PAGAN WOLF

Couple things today:

Lots of adoption and on chain news to digest through

Let’s skip all that for fundaments

Hash Rate is 1.01 ZHs most secure the network has ever been, in 2021 at ath price Hashrate was 185 EHs….

Exchange supply is lower, more custodied on exchange wallets as well, hard metric to get accurate but falling nonetheless

#bitcoin price…. Remember price is a reflection of Marketcap and Marketcap is made up of Market orders

Aka the order book

If your exchange doesn’t have an orderbook, it doesn’t add to the Marketcap, you’re doing the scarcity option

Binance and Bybit have the order books nicely monopolized with price oracles owned by Binance, Coin Marketcap is owned by Binance, bitfinex also have an orderbook hence why whales play games there

What does not add to Marketcap is:

Saylor

ETFs

You

Me

Companies

Sovereign funds and alike

Trust me, a billionaire isn’t opening the bybit app and sending tether to the platform to buy bitcoin at multiple prices and play the retail market

They’re buying off chain and not effecting the Marketcap

Liquidity is piling in at about 92k…. And there isn’t enough bitcoin to service that price

Marketcap buys are inevitable as last case resort

If you want bitcoin, as we saw Metaplanet do a couple months back, they had to buy 5k above spot, which then we moved up to 126k shortly after

Just remember your buys don’t effect price directly if not on order book

Your buys affect the price VIOLENTLY…. Your job is: make Bitcoin scarce

Make it hard to buy

You’re against the finest investors on the planet now wanting what you have at a poultry 92 k

The world is going on chain right now

Marketcap buys become the only option

I have no idea who still 100 x longs and shorts, but holy fukkwow the gambling community have tonnes of free cash…. And they’ve been losing all year, it’s endless the amounts of 100 x they can do…. This is whales only way to manipulate

Soon there isn’t enough bitcoin to bet on….. now that’s a fun one… that has to be a multiplier

You meant 'paltry' and it autocorrected....not that it matters. 🤣🤣🤣

Good HODL post!

The immigrants in the 1800s didn't get the insane amount of free handouts of today. Put out a saucer of milk and you attract more cats? Usually.

Complex problem, though...

Good fire with sunset.