Don’t trust, verify.
One of bitcoin’s features is its verfiability.
#ShowMeTheBitcoin
#proofofreserves #mstr @saylor
Proof of Reserves
I volunteer as a timeline filler. At times, I might be a little neurotic but I’m thoughtful, committed, and generally caring - especially of the “little guy”. Appreciate your consideration on your way to 1000 follows. Thanks.
Supercycle. nostr:note10tsvameyrjwsyhfm2gt6uwsjc8ekx0q2ctklcm6wxejkt3lxum8qy8qvzz
The best, indeed. Very cool nostr:npub1j4u5gjzjyggr3h96x3gjy4akdgwxuk7mgvumv72gym2qyje7fn5s47d6x9 !!
“…but it is really volatile! Do not want!” 😱 nostr:note1lkjyj24lqajvyhfadp8a7ynlpw3efdhhyj8radwrnnfyznyns05qu4fk60
Maybe 750,000 but I don’t think there are many of us, yet.
The shitcoiners are coming
January 1, 2025 it begins
I think the timing is an element of the model … that’s why I bias more to the S2F (and the S/F adjusted for absolute scarcity) as a fair value model.
Power law seems like a way to discourage people from buying bitcoin, IMO.
But I agree with Saylor, all our models are broken once absolute scarcity game theory breaks out.
Look at the power law: https://charts.bitbo.io/long-term-power-law/
Bitcoiners don’t like it because models keep being proved wrong, but when you understand the deviation bands and how they’re derived, and if you understand Metcalfe’s Law, this shit makes sense.
It’s not “predictive”. Look at the range it stays between - it’s so wide no-one would consider it predictive.
But the idea this weird thing #Bitcoin is adhering to a weird power law is going to make sense in hindsight.
It just says we’re going up forever.
Too slowly, though. When nation states start stacking … $1M/BTC will get here real quick.
💯 nostr:note1k6g9fv92g2nrkurxc3n7tand0rlrcja58zfmx006g6zalx8sdtcqepjes4
nostr:npub13jhh5jpak3sltvh5mxxc84edq8c6scuyhtkevfa7j568jrkkscysj7c5sq
nostr:note1akntl5ltgda8j28vkkesa8f6ywq290qd3pswu9pkxvnfvmlwvt5qzwle5h
$200k by Valentine’s Day

