I'm on primal and can see you in my feed.

Not possible without a global macro event like the COVID flash crash. $76k is the bottom.

Almost to the bottom of $76k. Excited for the rebound!

GM. 😊

The beauty is the growth of the network has been constant over the last 12 years, after accounting for a 10% drop in the trend line's position on the Y axis due to the COVID global market crash, and a whopping 72.6% drop in the trend due to China banning Bitcoin mining in the middle of the bull run (costing Bitcoin significant support and momentum). The more I refine my model the more confident I am in this.

1.002046 is my current daily average growth rate calculated over time, refined further from my earlier calculation of 1.00203, this is constant outside of major macro events. Using this daily growth rate starting at a trend line bottom price of $50 in July 1st 2013 and simply shifting the trend line down 10% in March 2020 and down another 72.6% in May 2021 and we have an incredibly strong bottom that is only broken 130 or so days out of the last 4300 days since July 2013. With the price living within 60% of the trendline 53% of the time.

Once people understand that the system is fair even in when you get in, that you'll experience the same rate of growth as those who joined in 2013, there will be no resentment like with housing. Their savings all also grow by about 110% a year if they simply purchase when it's close to the trend and they hodl long term. 😊

At Bitcoin's current price of $79k, we're only 4% above the long term trend. Without a major global macro event the price is likely to bottom around $76k but no lower.

Outside of major bull runs (which we're about to enter if past trends repeat) the price often rallies to 60% above the trend, if a rally occurs at the end of the month when people expect then with a bottom of $79k we're likely to see a jump to $126k before going even higher. I expect this to kick starts the bull run through October when we climb towards $1M, though we may not hit it this cycle.

I'm fairly confident we'll at least break $800k.

🍻

Homemade strained Greek yogurt, made from grass-fed / non-homogenized antibiotic-free / whole milk, with Bonne Maman French jam. 😋 Yummy.

#foodstr

#yogurt

#homemade

Bitcoin is for everyone.

Including the poor. Including the rich. Including the wealthy. Including the corrupt. Including governments. Including criminal organizations. Including Karens and Chads, and even including the kid that bullied you in school.

EVERYONE.

Bitcoin wins because it's for everyone. If it wasn't for everyone it wouldn't be neutral and it wouldn't be able to change the world for the better.

Governments beginning to adopt Bitcoin is good for Bitcoin and it's good for everyone.

Bitcoin value growth and mining output will provide a revenue stream for all governments that ultimately ends both taxation and inflation.

Rejoice when a friend adopts Bitcoin, rejoice when an enemy adopts it, rejoice when anyone does. It makes all our lives better and fundamentally changes the way human civilization operates for the better.

I think I like this one that I put together this last week better. 👀

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Only 1000 years?

Rome was founded in 753 BC, the Eastern branch of the Roman Empire lasted until 1453 AD. That's over 2000 years and they were running it all on an economy of fucking bits of metal. We have Bitcoin, we're gonna last at least 5 times that long. 10,000 years baby!

Crazy smart. 😉

Leonardo DiCaprio sure looks different.

Bitcoin's bottom rises at a consistent rate of 0.203% a day on average or 109.6% a year (1.00203^365 = 2.096). Barring massive global macro events lowering the bottom, such as happened in 2020 with the COVID crash and China banning mining in 2021, the price consistently rises at that rate over the long term as new people join the revolution either by mining or by stacking.

Don't worry about the day to day, it'll pump and deviate from the bottom trend line and then it'll drop back towards the overall trend every time (assuming no global macro events occurred).

We are right on the trend line, the bull run starts in about a month or so before peaking around October around $1M more or less. Then it'll dump back towards it's trend line and hit it around a year later at about $300k more or less.

We're right on track. Covid and China took the previous bull run from us, but nothing has fundamentally changed.

Watch this playlist.

https://www.youtube.com/playlist?list=PLpH1IDQEoE8QWWTnWG5cK4ePCqg9W2608

A long time ago I realized that the "American Dream" of working 40 hours a week, for 45 years, at a job you hate, making other people rich, while you spend very little time with your family or doing things you enjoy – all while you could die at any moment – was more like a nightmare. It felt like slavery, and I was staring down with dread at the years of dismay that awaited me.

I don't want to be rich, I just want my time. I want my life to be as rich as I can possibly make it given the few years I have alive, however many that ends up being. I want to read many books. Taste many cuisines. Interact with many people. Visit many countries. Enjoy many stories in all there forms, and share them with others. I want to be so much more than a cog in a machine that is designed to destroy happiness, kill people, and make shit.

Without Bitcoin, I don't know that I would have ever found a way to live my life as I wanted. FIAT is slavery, it really is. Bitcoin is money yes, but Bitcoin's true value is that it gives us the ability to live our lives the way we choose. Bitcoin frees us all.

Thank you, Satoshi. 🫂

What is it you doubt? That we live in a galaxy? That outer space exists?

Recent calculations I've done. Daily average growth rate of 1.00203 over the last 12 years with the single exception of a massive 72.6% drop in the trajectory caused by China banning mining in May 2021 which sent shockwaves throughout the network.

3.80 * 1.00203^(365*15) = 252,201.93.

No problem, stick that into Bitcoin self custody for the next 15 years and it'll grow to €250k! 😂

Rare is the person to achieve all 6 at once.

So 2x as deadly and 10x as contagious. AKA 20x as many dead people compared to the flu.