The superier experience will bring the masses. The principles of the protocol will keep them around

The bitcoin strat is OP. You're telling me I can own the best money in the known universe AND it's undervalued. I get otherwordly features AND price appreciation. The bitcoin strat is OP.

Price discovery for base chain fees.

At least for the time being-12 sats vbyte seems to be some kind of support, or fair value. Where will the new floor settle and will it be higher than 1?

gn 🌙

We are cypherpunks. We write code.

Man if you're a millennial and you're not keeping material portions of your wealth in Bitcoin you have no excuse anymore. None. Bitcoin has been winning for HALF YOUR LIFE now.

Gold at new local lows. Now 4 mil sats per oz. On it's way to lose yet another zero.

New local lows for gold. Now 4 mil sats per oz.

Transaction Fees

Lots of people seem to accept that fees will go up, but will they go up in bitcoin terms?

This is the 90 day moving average of total fees paid daily in bitcoin terms.

There are two ways of looking at this chart IMHO:

1) Fees have been broadly going down in bitcoin terms since the 2017 run.

- or -

2) Remove the anomalous 2017 spike and fees do appear to be increasing in bitcoin terms over the course of history.

I will not tell normies to HFSP

In my journey to discover value in the jumbling cityscapes of crypto I ended up using a lot of the major crypto currencies.

I signed a defi contract for stablecoin yeild

I bought and custodied an NFT

I staked cardano through a client

I sent solana, avalanch, and ERC-20s like chainlink

I ran a Monero node and miner

I ran a bitcoin node and used it as a backend for my wallet

I opened lightning channels

Bitcoin does have a long way to go in terms of user experience. However it is, in many cases, lightyears ahead of the smaller networks it "competes" with. We stand on the shoulders of the giants that came before.

Sell the what now? Dollars?

I've seen this a lot recently. Perhaps it's true. however I think this argument has to contend with some brutal facts of money. a shrinking liquidity shinks its acceptibilty, and dimishishes any valuable properties it may have.

The question really is : can it survive in its niche and avoid obscurity. Time will tell ~

Yeah it's possible that the mean is up near the highs at this point. A possibilty worth respecting considering how undervalued Bitcoin still is at these prices today.

Another chart frens. The S&P fixing to lose another zero on it's satoshi valuation. Sitting at ~11 million sats right now.

Certified slapper

Good lord Monero really took a digger this week against Bitcoin. The worst week on record down 36% (so far)

Sorta makes you want to sign some transactions

Disrespect the Green Monthly Heikin Ashi at your own peril.

Sometimes on the pumpies, yeah, I do look at the hourly chart. First real breath of this rally so far. I love charts.