Social experiment. All the zaps I receive to this note will go to a donation to the @BIP show. NOSTR plebs will be top donor next week! #[0]
It's (mostly) all shelter inflation at this point. - Feb Rent Inflation 8.76% YoY, up from 8.56% In Jan - Feb Shelter Inflation 8.10% YoY, up from 7.88% in Jan https://twitter.com/zerohedge/status/1635622885027872771/photo/1
Super core inflation upticks, still room for the FED to pause.
Welcome back 25k
European Bitcoin ETP’s are still depegged from underlying Bitcoin entitlement: they are trading below intrinsic value. Buy the ETP, sell corresponding Bitcoin amount, then ask conversion into underlying. Enjoy free money (little credit risk involved).
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Dude, please sthap
A long time ago I committed setting up a node every 10k increment in price. I had 6 nodes running all at once, and I gave away 3 of those. It’s time to have a new one!
This is the very essence of a bank run.
Don’t forget people offering work against bitcoin. The most undervalued way of acquiring sats.
CCMF!
Regarding depegs, the BTCE fund, backed by physical bitcoins, has depegged from its intrinsic value. You could theoretically buy that, then ask to convert to bitcoin and receive more corn. A lot of details and friction in the process, but clearly a signal of a crack in the plumbing of TradFi's approach to cryptos.
Oltre alla #[3] , che è su NOSRT, quali altri Bitcoin Italian demigods che insegnano in quel corso sono su NOSTR? @alekos?
Backwardation/contato refer to shape in the future curve across the various expiries. Funding rate has nothing to do with that at a conceptual leve (it might be correlated thou)
Add negative funding rate to the situation: brace yourself.
I still cannot manage to post here without fucking up every time. The cringe in my followers must be powerful.
Bitcoin is exhibiting negative funding rate (more sellers than buyers) AND backwardation (future price lower than spot). Selling pressure is increasing, with price action stabilising. Brace yourself.
Bitcoin is exhibiting negative funding rate (more sellers than buyers) AND backwardation (future price lower than spot). Selling pressure is increasing, with price action stabilising. Brace yourself.
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85% of the deposit @ SVB were above 250k, and outside the FDIC insurance. Can you believe it? This is complacency, and failure to understand what a bank account is, and how banks work.