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Mark Harvey
eed3da2505fe83a9235203bdc37ef62e227475d60dc536b0dbaa5700fdcfdfb8
Bitcoin

Hell yeah that’s awesome!

I put a URL in there instead of an address that might have done it

Much appreciated! Does not seem to be showing in my wallet of satoshi however 🤔

Before the discovery of crude oil, people would go around killing whales in order to light their houses.

Before the discovery of #Bitcoin  people were using single family homes as a store of value.

Returns so far this year...

Microstrategy : +94.1%

#Bitcoin  : +43.6%

Grayscale Bitcoin Trust : +39.2%

NASDAQ: +9.4%

Gold: +0.7%

Dow Jones:-1.5%

Oil:-3.4%

Before the discovery of crude oil, people would go around killing whales in order to light their houses.

Before the discovery of #Bitcoin, people were using single family homes as a store of value.

In 1971, Nixon declared the "war on drugs". Within days, drug use in America stopped completely. It was a mass sobering of America.

The same thing will happen when the government inevitably bans #Bitcoin .

#toogoodtobetrue #strokeofapen

Block Inc. (formerly Square) quarterly gross profit and gross margin percentage:

$SQ $BTC #Bitcoin

Top #Bitcoin  related App Store downloads:

1. Cash App (Bitcoin only)

2. PayPal

3. Venmo

4. Webull

5. Robinhood

6. Coinbase

$SQ $PYPL $HOOD $COIN

On September 3, 1929 the DOW Jones reached a peak of 381. A level which would it would not reach again for 25 years.

25 years!

👇🏾

The DOW Jones during Great Depression(1929-1935) is shown below.

It took ~3 years to bottom w/ several periods of optimistic rallies. 3 Years!

At that time, the equity markets would crash any time central banks attempted to raise interest rates from ~0%.

Similarly, interest rates were dropped to ~0% in 2009 during the great financial crisis.

The Fed attempted to lift rates from 0% in 2018, caused another financial crisis, which caused them to drop rates back to 0%.

The Fed, in 2022-2023, is once again trying to lift rates from 0%, this time at a much quicker rate than in 2018.

The Fed/Treasury are calling for a "soft landing". I'm skeptical about their claim. What do you think will happen next?

CarGurus Used Car index:

Down lately, but still +36% since March 2020 Fed money printing bonanza.

$5T of liquidity takes a long time to work its way through an economy.

#Bitcoin becomes less volatile over time as it's market cap grows, but the lengthening bear market thesis does not seem to be playing out.

This bear cycle had the smallest total drawdown from all time highs (-76.6%), but was only the second longest in days it took for price to bottom (378 days).

https://mobile.twitter.com/thepowerfulHRV/status/1626309153701638144/photo/1

On a long enough time frame, nothing will outperform #Bitcoin.

The top fakebitcoin tokens listed on Coinmarketcap 5 years ago, and their price performance relative to $BTC since then:

Ethereum (ETH): -25%

Ripple (XRP): -85%

Bitcoin Cash (BCH): -96%

Litecoin (LTC): -81%

Cardano (ADA): -58%

https://mobile.twitter.com/thepowerfulHRV/status/1626690273286967301/photo/1

#Bitcoin becomes less volatile over time as it's market cap grows, but the lengthening bear market thesis does not seem to be playing out.

This bear cycle had the smallest total drawdown from all time highs (-76.6%), but was only the second longest in days it took for price to bottom (378 days).

https://mobile.twitter.com/thepowerfulHRV/status/1626309153701638144/photo/1

Stock-to-flow ratio and annual Inflation rate of the US Dollar, #Bitcoin , Gold, and Bitcoin again after the 2024 Halving:

https://mobile.twitter.com/thepowerfulHRV/status/1625992360105762816/photo/1