(sigh.)
nostr:note1vspceyq4psnmvxafn7dat7665ep337p2lsrwr8djxcfhc35hzeas787fyr
Also, honestly, I’m just so tapped out … the friends, the family dunking … the relationships that have drifted away or even become anchored on bitcoin hodling. For the Class of 2021 we’re in the midst of the worst 4 year performance of Bitcoin’s history when we should be enjoying the exponential rips that all the prior vintages of bitcoiners have enjoyed.
Something is not right — absolute scarcity means absolute scarcity. We have all these “early” bitcoiners cheering MSTR (without proof of reserves) and acting like we’re crazy for expecting NGU.
Someone big and powerful … someone who is not a friend to bitcoin … they’re trying to break our spirits … and - the longer we flutter in the purchasing power range we’ve been stuck in since February 2024 - it’s kinda working.
I don’t think so. This feels more like FTX shorting bitcoin. I think Coinbase doesn’t have all the bitcoin.
Remember, they were in trouble with the SEC and then suddenly they weren’t. Suddenly they were custodying most of the ETF volumes and MSTR. Brian Armstrong had a meeting with President Trump.
How are they suppressing the price with the hash rate near ATHs? There seems to be clear manipulation…
Recording the next (quarterly) Mastermind discussion this evening with nostr:nprofile1qqsg2zqd8wkhpnxu6lm5c2dyfa2mhpwte57apjae2ldp6g2mmwf3ypqpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsz9thwden5te0dehhxarj9ehhsarj9ejx2a3089nsfz, nostr:nprofile1qqsp4lsvwn3aw7zwh2f6tcl6249xa6cpj2x3yuu6azaysvncdqywxmgpzpmhxue69uhkummnw3ezuamfdejsz9thwden5te0v4jx2m3wdehhxarj9ekxzmnyh3p7y9, and nostr:nprofile1qqsgz30qhzza9mh9lpxd3ls5ekkc9u3rrqmnz3ngahad8cyt80kjuucpp3mhxue69uhkyunz9e5k7qfpwaehxw309aehgatyv4h8gtnrdpskgur0d3uhgetrdphxjcewvdhk608zepv … which is always a good time.
We already have much to talk about, but what would you like us to touch on?
Comment below. 👇🏼
I’m excited for this rip. Almost everything covered the last two “mastermind” rips has been off the mark. Hope y’all are really digging into “why?” Y’all’s intuition was so dramatically wrong. No offense meant…enjoy y’all’s collaborations
What’s the timeline?
What’s the expected timeline?
USA Hashrate is spread out among many state jurisdictions and private ownership structures. It’s fine. Best thing that ever happened for bitcoin was hashrate migrating from China to Texas in 2021
This is a great, simple, and true statement.
Recording the next (quarterly) Mastermind discussion this evening with nostr:nprofile1qqsg2zqd8wkhpnxu6lm5c2dyfa2mhpwte57apjae2ldp6g2mmwf3ypqpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsz9thwden5te0dehhxarj9ehhsarj9ejx2a3089nsfz, nostr:nprofile1qqsp4lsvwn3aw7zwh2f6tcl6249xa6cpj2x3yuu6azaysvncdqywxmgpzpmhxue69uhkummnw3ezuamfdejsz9thwden5te0v4jx2m3wdehhxarj9ekxzmnyh3p7y9, and nostr:nprofile1qqsgz30qhzza9mh9lpxd3ls5ekkc9u3rrqmnz3ngahad8cyt80kjuucpp3mhxue69uhkyunz9e5k7qfpwaehxw309aehgatyv4h8gtnrdpskgur0d3uhgetrdphxjcewvdhk608zepv … which is always a good time.
We already have much to talk about, but what would you like us to touch on?
Comment below. 👇🏼
How much is manipulation playing a factor in the price action.
Last cycle w/FTX (we know there was manipulation) and this cycle with the options markets and tradfi. Since everyone kinda knows that Bitcoin and the dollar are incompatible, how much time can the power players suppress the price and extend the life of the dollar and the bond market?
Hashrate at ATHs begs the question how many miners are running unprofitably via state sponsored subsidies? Etc.
It just feels like an entirely irrational market when looking from a first principles lense. How long can the market stay irrational?
They’re trying to push the beach ball under water…don’t let them.
nostr:npub1r00t03pv2kxpes5x676xu3j2e0ag8hmmtzv8et0matxg876tnkgsp5sqe8 
It would get out of hand, quickly.
https://tenor.com/view/fair-enough-shea-brennan-sam-elliott-1883-thats-reasonable-gif-24225989
Who are investing in the loans? Word on the street is that the pool of investor capital interested in battery’s model is far too small relative to the demand.
https://tenor.com/view/bend-the-knee-gif-27373919 nostr:note15kuu3999egapckzjtrt630uexz9qym0pdvyydsc90g0ursfh58zsyvuxlq
Fast moves up and down today … we nearing the end of this little dip?