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Willy Woo
c7dccba4fe4426a7b1ea239a5637ba40fab9862c8c86b3330fe65e9f667435f6
#Bitcoin analyst.

What’s the best Nostr client to post images? My ideal UI is the ability to cut and paste images from the clipboard just like Twitter’s web UI.

I’m bullish, in a probabilistic sense of it. YMMV.

Here’s the list, I will be adding more in future:

MVRV

Investor Capitalisation

Volatility Cap

RHODL

Reserve Risk

Balanced Cap

CVDD Floor

Puell Multiple

Thermocap

Realised PnL

Real Profit to Value Ratio

Supply in Profit

NUPL

eSOPR

VWAP Volume

Mayer Multiple

RSI

Intention is to cover the different sectors of fundamentals:

- Valuation

- HODL strength

- Miner activity

- Destruction (OG coin movements)

- Profit

- On-chain volume

- Price action

Fundamentals are starting to pickup on #Bitcoin.

Fundamental Strength Indicator no longer overheated and starting to rise (FSI tracks strength of 17 fundamental and technical indicators).

If price gets much above 25k, we could be in for a short squeeze.

https://void.cat/d/XXCLBSpgJQb7897C9VKXfe.webp

By jet plane and then motorhome.

Bitcoin has been an anomaly since inception.

Moving averages have never tracked an asset driven by a global adoption S curve right from the beginning.

Almost all technical indicators were fashioned to trade on assets at more or less saturation.

At least we know if this continues, the security budget will be enough when the block subsidy ends.

What’s the best way to track user adoption data on Nostr?

The irony is that baby Jesus crucified is a better metaphor IMO for his teachings (I’m not a Christian but respectfully observing). Jesus said to be like the little ones, which I think was about holding the values of innocence, purity, excitement and being wide eyed, essentially having what the Buddhists call “beginners mind” for the newness and beauty in every day.

Historical context…

Nostr is what Silicon Valley wanted Twitter to be. A fundamental protocol for the internet.

Here’s some vintage blogging on this idea.

http://paulgraham.com/twitter.html

Many apps had already started to use it for connectivity, but in the end Twitter failed to open up, even making the decision to shut down its API to competing client apps. Other attempts were made to replicate the Twitter as a protocol idea but did not succeed.

Nostr is everything that was wanted but more, with Bitcoin/LN having solved internet-native payments, a holy grail computer science breakthrough that was not available in 2006 when this stuff was being conceived.

Nostr is not a Twitter clone. It’s a base layer protocol where many types of apps with social behaviour can be built. Telegram, Facebook Groups, MetaMask-like web extensions for authentication and payments, and an ability for a user to be validated through a history of behaviour. And much more not yet conceived.

Through the lens of cost basis between new buyers and old hodlers this is where we are at in the macro cycle.

https://void.cat/d/SzFqujPvdAHiPFRLVj3ZcM.webp

Bitcoin Fundamental Strength Indicator has been cooling off from overheated for 3 weeks, preventing further bullishness. Doesn't look done yet. Probably a good time to sit it out.

FSI tracks momentum strength on 17 technical and on-chain indicators (effectively MACD on my Bitcoin Macro Index which I posted once on Twitter).

PS. I'm posting charts on Nostr first, Twitter second with time delay (or maybe not at all).

https://void.cat/d/P2hyh6UgqnT4iEDmNuLgwT.webp

Nostr is the result of Austrian School Economics. Twitter is Keynesian.

I’m still using snort.social on desktop browsers to post images. Be aware that Damus runs on a Mac but as an iOS app on Apple Silicon, it doesn’t support posting images yet and it uses a lot of energy.