Here I'll be attempting to write a thread 🧵 on Nostr:
As humans we sometimes succumb to our bad memory and it is often hard to distinguish the signal from the noise.
A great example is the bitcoin price, which it's important to say, that it is different from its value.
The price can be considered both signal and noise, as people often use during bull runs as an argument of bitcoin's inevitability, it as a but in reality, its is just noise. The wild swings of bitcoin price are noise, and are not a representation of its value.
For instance, this week people succumb to the doomish feeling of bitcoin's price heading back to $22,000. But people aren't asking the correct questions.
So instead of asking ourselves:
Why has the bitcoin price dumped and its back to 22K level? Will it go lower?
Why dont we try.. 👇🏻👇🏻👇🏻
My weekly summary of the most #bullish news in #Bitcoin.
Week 8 & 9 of 2023
- Nostr is going parabolic.
In oslo right? Visited last summer, quite impresive!
Unless what you are disagreeing about, fundamentally attempts to strip your freedoms.
Re-reading Bitcoin's full potential by Jesse Meyers 🔥
If you haven't.. do so.
https://jessemyers.substack.com/p/bitcoins-full-potential-valuation
Next step is to make it easier for self sovereign bitcoin in Nostr..
Looking forward for bolt 12!
People wonder why the price went down to 22K..
But no one is asking the good questions..
Why is the amount of bitcoin being held over a year continues to reach ATH?
Why is Lightning capacity and usage continues to reach new ATHs?
Why is Hash rate continues to climb and reach new ATH?
Why does it feels that development is on a continuous non stopping parabolic run?
🤔
Matata teach a man how to fish :)
A total of 67.66% from the entire #bitcoin supply, has not moved in over a year
You call this a threatening dump?
Most of these hodlers have seen:
- Bitcoin at $69,000
- A slow depreciation to $15,500
- A come back to over $24,000
And keep being hopeful and patient.. even stacking.
Tick tock, next block.
Last time I listen to him I had to slow down the podcast 😅
Why is Nostr so slow?
Zapped people today.. too many clicks.. like 4.. plus choosing an amount and a wallet..
Could it get easier?
Shiiiiit I just zapped someone through Damus.. 🔥🔥
Wallet of satoshi I think.. but I dont have this zap thing in my Damus app .. so don’t know how it works