Google has removed the live Bitcoin price from search.
Would any #NOSTR #developers be open to adding a live Bitcoin price to the platform?
Peer to peer!
Scored myself some points ;)
Join the 500,000 SAT draw next week + Gimmi the Bitty $1,100 BTCAUD chat game.
A #bomb is about to go off in the Bitcoin market.
More #global tension = more #money printing.
They will not allow the #world to default, it's too late.
#Fiscal bandaids to fix the world will send money into #scarce assets, and there is no other asset like Bitcoin
Thank you
@Excellion
for a great interview.
A #bomb is about to go off in the Bitcoin market.
More #global tension = more #money printing.
They will not allow the #world to default, it's too late.
#Fiscal bandaids to fix the world will send money into #scarce assets, and there is no other asset like Bitcoin
Thank you
@Excellion
for a great interview.
Who is going to lose?
The #system is designed to keep you on the #hamster wheel.
@jackmallers #passion on the topic of #debt to #GDP is indicating how horrendous it's becoming.
He is right, someone has to realize this loss...
Someone has to realize the 300% increase to the #money #supply from 2020 to 2022.
Who is it going to be?
The scarcest asset in the world that has GUARANTEED supply.
Nothing else like it.
Guaranteed:
Death
21,000,000 Bitcoin
#guarantee #guaranteed #supply #supplyanddemand #assets #asset #wealth #wealthcreation
We posted this edit of Renato Moicano's UFC speech on X and X has senored the post and pulled it down.
We then tried to post this again, and X pulled it down.
#x is NOT a #freespeech platform
3 months on the side lines due to payment system Stripe shutting down the club payments, and we are finally back tomorrow night at 8PM.
With pain there was reflection and growth.
We have since starting running our own full node and lightning node thanks to the @parman_the guide.
Stripe can't close our lightning channel...
Thanks members, very excited to be back tomorrow at 8PM.
For more info visit http://btcclub.com.au
Let's debunk the problem in the year 2140 when Bitcoin miners only have the transaction fees as income.
1. By the year 2050, most of the Bitcoin mining will be on renewable cheap energy anyway.
2. Only the most efficient mining pools will continue.
3. Their maintenance cost / energy cost may be X amount of today.
4. Bitcoin would have engulfed 5-10% of the global asset value.
5. With today's price, that is $2.6 million per Bitcoin.
6. The current block as of this message had a total transaction fee of 0.056 Bitcoin.
7. 0.056 x $2.6mil = $148,235 which is almost as much as the current reward.
8. By the year 2140, Bitcoin will be the global money anyway and all transactions from government to government will use the Bitcoin network.
9. The global asset value wil be 900 quintillion because humans love printing money forever.
10. Bitcoin will be 5% of that anyway.
11. Bitcoin price will be $2.6 billion, then.
12. $2.6 billion by 0.056 Bitcoin saying the transaction amount per block does not change = $2.6 billion x 0.056 = $145,600,000 worth.
Bitcoin issue solved.
Keep stacking.
Once I completely wrapped my head around these four Bitcoin qualities (pillars) that #Satoshi put together, we went from a 5% Bitcoin family, to all in.
🕐Difficulty adjustment - #Balance
🕑Block mining times - #Time
🕒Proof of Work - #Energy
🕓Fixed supply - #Scacity
Once this all clicked, I knew one day my kids would never say " #Dad, you had the chance, why didn't you buy more?"
The same questions I asked my parents about physcial #property of the 90s.
Please do yourself a favour even if you hold 0 #Bitcoin, absorb those 4 pillars of Bitcoin.
In the beginning of 2024, the total Bitcoin held across all cryptocurrency exchanges stood at approximately 2,720,000 Bitcoin.
Fast forward nine months, and this figure has plummeted to a low of just 2,340,000 BTC.
This marks a significant reduction of 380,000 BTC — a 14% drop in available Bitcoin on exchanges.
What does this mean for the market?
Supply Crunch in the Making.
We know that only 450 new Bitcoin are mined and introduced to the market each day, totalling 164,250 BTC annually.
The drop of 380,000 BTC in just 9 months means that exchanges have lost a whopping 2.3 years’ worth of new supply.
Having the problem with friends saying:
"The price of Bitcoin is too high?"
" Bitcoin looks too expensive?"
"Am I too late to buy Bitcoin?"
Let's put in perspective how "cheap" Bitcoin really is...
If you enjoyed the Proof of Work in putting this together, give it a share.
Would love to post the video directly to NOSTR, however size was an issue.
18 days to go 🎉
🏆 1,000,000 SATS ($1,000 BTCAUD)= 1 member
🕹️ 1,000,000 SATS = Bitcoin live chat game
📙 Giving away 1 copy of The Hidden Cost of Money by
@sebbunney
1st Birthday live stream draw is now open limited to 210 spots.
Drawn via government accredited https://buff.ly/3z4pbMz
8PM on Youtube, Nostr & X 25th of September.
See you in the stream!
$100 billion printed every month since June.
$35.27 trillion in debt.
The more they print, the higher the asset value.
Blackrock holds 376,000 Bitcoin.
They hold 5% stakes in most assets / shares.
How much supply would they engulf with 5% supply?
Join the VIP member Bitcoin huddles every 2 weeks!
Exfcited to annouce our 1st Birthday live stream draw:
🏆 1 million #sats to a member ($1,000 BTCAUD)
🎮 1 million Bitcoin chat game ($1,000 BTCAUD)
Join now
https://btcclub.com.au/promotions/birthday/
*you do not need to watch live to be called.
All draws are conducted by www.randomdraws.com/au
Australian's only
#australia #ausriches
Stealing your future via time and energy with debt.
Want to be long chaos? long uncertainty? Long volatility?
@jackmallers
in What Bitcoin Did Ep 857 could not have explained it any better.
Thank you to
@PeterMcCormack
.
Give it a listen.
Fountain:
Spotify:
Let’s get some followers on nostr:npub1kjsnzq3gf0tg08tnxzkvezeuy2rc6lnxn8uukqh795dyfhgyhmhse8cgsm
Fairly new account and they’ve git a good Australian #bitcoin setup
If Australia is ever going to turn a Bitcoin corner…. Probs best start making some of these businesses more known
Thank you legend
Thanks for letting me know. I've just updated it. Cross fingers now. Thanks legend
What Bitcoin Did Ep 857 with Jack Mallers
@jackmallers
is incredible.
Jack is by far one of my favourite Bitcoiners that explains the WHY. Go watch his Keynotes and previous Bitcoin conferences. They are the best of the best.
This sent it home for us. Thank you Peter
@WhatBitcoinDid
and congratulations on a time chain of podcast episodes we can fall back in forever.
Wishing you all the best with the next chapter.
Give it a listen.
Fountain:
Spotify:
h
From the 1st of August to the 5th of August, the #nasdaq dropped 11.96%.
On one of @Samson Mow podcasts, the host asked where the money will come from to send #Bitcoin to $1 million.
If the money that sold between the 1st of Aug to 5th of Aug on the Nasdaq made it's way to Bitcoin, Bitcoin would be sitting at $209,000 US per coin.
Now imagine the #newyork stock exchange, the Japanese, The Chinese, the FTSE. If they all followed suit, there is your $1million per coin if we consider stock market consideration.
Guess what, the real estate market is 3x larger than the global stock markets.
1% from stocks, 1% from real estate, 1% from bonds, 1% from pension funds, 1% from oil, gold, silver, copper, nickel, natural gas, iron ore, as a whole, and we are sitting well above $1million per Bitcoin.
#ausriches #ausrich
From the 1st of August to the 5th of August, the #nasdaq dropped 11.96%.
On one of nostr:npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a podcasts, the host asked where the money will come from to send Bitcoin to $1 million.
If the money that sold between the 1st of Aug to 5th of Aug on the Nasdaq made it's way to Bitcoin, Bitcoin would be sitting at $209,000 US per coin.
Now imagine the #newyork stock exchange, the Japanese, The Chinese, the FTSE. If they all followed suit, there is your $1million per coin if we consider stock market consideration.
Guess what, the real estate market is 3x larger than the global stock markets.
1% from stocks, 1% from real estate, 1% from bonds, 1% from pension funds, 1% from oil, gold, silver, copper, nickel, natural gas, iron ore, as a whole, and we are sitting well above $1million per Bitcoin.