Just borrowed against my #Bitcoin on Coinbase at around 5% APY. So easy and painless. Here are my loan details: 2 BTC locked up in collateral with 50% LTV and liquidation price of $62k. Got $106K transfer initiated to my TradFi bank pretty much instantly. The transfer will take 1-3 days. Holy cow that was easy!
A new Bitaxe mining rig connected Braiin pool. Learn hands on! Soon I’ll be switching to solo mining to play the lottery #BTC
Running a #BitAxe miner and so far solo mining with it. A potential block reward is pointed to my Umbrel node running on Macmini w/ Debian. Will try to mine in a pool for a couple of days so I can see sats coming in. #btc What’s a good pool to join? I hear Braiins is good.
Today I found out the murder rate in Tijuana, Mexico. You won’t be able to guess it. Los Angeles is about eight murders for 100,000 residents. What are your best guesses? #stats #crimerate
Why is nobody talking about the fact that you can borrow against your #bitcoin on Coinbase, now up to $1 million, and the rates are roughly 5%? How are any other #BTC lending companies in business?
I largeIy agree - he is very good at re-programming people’s minds and that’s how he is so successful. It is his biggest super power. Narrative driven marketing is very important part of his brand. But falling for it or not, he is undoubtedly the most productive person on the planet. How do you reconcile this? I still believe that he must be anchored in reality more than the next person if the market keeps rewarding him. I view it as a very complicated opinion/position that one might never quite untangle. We can only speculate.
This #bitcoin price action is related to the Bybit hack - mark my words. Just stacked more #btc. Did you?
Bought #bitcoin at $92k today as I was laddered down for the past month, without any volatility. Not all targets are hit yet. I am fishing for a $82.5k bottom. If we get that low, I am not expecting to stay there too long. Even $85k would be a win! A #btc buying opportunity cometh.
If #bitcoin keeps climbing at 100% YOY with a steady pace, it might not correct for years. And when it does, it might be less than 50%. Basically the less of a boring staircase upwards, the (s)lower the elevator down. #btc
The bigger the #bitcoin market cap is, the more utility it serves. Increasing only one order of magnitude makes it prime for international trade. Increasing two orders of magnitude subsumes all of the trade in the world. And you know it’s coming. It’s a magnet and you can’t change it. How doesn’t everyone see this clearly is beyond me. 10x is a given to catch up with gold. 100x is a real possibility. It’s just a matter of time. Get some #btc.
nostr:npub16le69k9hwapnjfhz89wnzkvf96z8n6r34qqwgq0sglas3tgh7v4sp9ffxj produced a banger with nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe. Give it a listen if you haven’t yet. Jeff is one of few people who is able to articulate the importance of #bitcoin as a protocol and its inevitably. I’d say Jeff is 5 years ahead of most guests on #btc podcasts. Read The Price of Tomorrow to understand his line of thinking. It’s one of my favorite books in the space.
Capital gains in the US on #bitcoin is the only hurdle holding it back from everyone using it as a medium of exchange. Paying taxes in #BTC, purchasing houses, cars, and any products priced over $10k makes sense first if #btc becomes legal tender. This is just a matter of time. LN will see increase in usage by 10x for coffee type of purchases. Scarcity of block space will mark fees at 100x of the current levels easily. Act accordingly and store #UTXO in 1mm stat chunks at minimum.
It’s wild that you’ll catch up and surpass all your real estate wealthy friends because you have the fastest horse in the race. Even though you told them a number of times, they only allocated a tiny fraction of fiat to #bitcoin. I am the only one I know IRL that intentionally sold investment RE and used nearly all the proceeds to purchase #BTC. I know many more of you here that did the same. :)
What a #bitcoin candle today! $12k move in less than 6hrs. Now, that’s a good thing - it’s a positive indicator that almost all of the leverage has been flushed. $15-$20k daily candles are coming soon. #btc is about to rip to the upside and any dips are for buying.
My hunch is that Russia is buying #bitcoin. Not sure they announce or it simply leaks. This plays into the part of the bull run cycle where FUD gets political. Geopolitical, actually. Every nation will have to say something about it to address it. There will be positive takes and negative takes. I expect mostly negative takes by mostly G7 states and the EU. At that point, expect volatility in #btc.
I didn’t realize nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m had 3.7MM followers on X. That tells me a lot of people are watching but haven’t pulled the trigger. Especially big money decision makers. #bitcoin will be so obvious so quickly. Don’t be left behind and get some #BTC. You won’t regret it.
Open skies above it so it’s better to get coiled up like a snake:)