btcdev1.sats

Senior Bitcoin Developer with 10+ years of experience in the industry.

[btcdev1.sats @btcdev1]

#ReapSowIndex
I'm sharing an index I have created based on my experience with cryptocurrencies and different market cycles.

1/6 🧵

[btcdev1.sats @btcdev1]

@rot13maxi Beware!

[btcdev1.sats @btcdev1]

@mononautical Few

[Alex Becker 🍊🏆🥇 @ZssBecker]

Thursday. 3am. Pound it back with a like.

As the bull heats up, take this lesson. It'll save your life.

Money/success comes in waves. You will have periods of feast and famine.

Its so incredibly important when you are feasting you remember this :

A famine is coming. You have no idea what form it will take. Maybe your business will get smoked, maybe the market crashes, maybe you run into severe bad luck, maybe things will just simply get dry for you.

But...A famine/harder period is coming.

Which is why you need to do this when your up

A) ABSOLUTELY FUCKING maximize it. Dont party, don't get cocky, triple down like its the last money you'll ever make in your life. Its not always this easy so make/grow as much as you can while you can.

B) Prepare. Just stash all that money away. You may be tempted to start living large etc...But you don't know when the music will stop.

WAIT for the music to stop. Until it does HIT it hard and store $$. Dont get drunk.

When the music does stop...Pow you have a huge cash pile n safety net VS a massive mount of debt/problems you can no longer afford.

You can then safely assess how much you can spend.

You can then ALSO get very offensive investment/business wise to reverse the down trend.

Thats it.

When your up, don't assume this is your new default.

You are in a feast period. Don't be prideful. Instead get paranoid. A famine will come.

[Tyler Winklevoss @tyler]

we are so back!

[btcdev1.sats @btcdev1]

@optimizoor 1) What

[btcdev1.sats @btcdev1]

@Shreyassanthu77 @rot13maxi Yes.

[btcdev1.sats @btcdev1]

@TO Even better. 1 sats/vb!

[The ₿itcoin Therapist @TheBTCTherapist]

When you’ve been buying #Bitcoin for the last 3 years and the bull market is finally getting started:

[Rajat Soni, CFA @Rajatsoni]

Valued in US Dollars, #realestate will always go up in value.

Valued in #Bitcoin, real estate will always trend to 0.

In 10-20 years, portfolios worth $5-10M USD will be worth less than 1 BTC.

You can build more living spaces. People will live in a 200 sqft condo if that's all they can afford.

But no matter how rich you are, you'll never be able to make more Bitcoin. The world has never seen an asset like this before.

We are dangerously close to a new all-time low in the value of homes in terms of BTC.

[btcdev1.sats @btcdev1]

@twosatsmaxi Looking good!

[btcdev1.sats @btcdev1]

@themattyverse @MEonBTC @ordinalswallet @brc20alpha @smitterstwytter @KTinvestorCP @trac_btc @Lukasz26606152 @stilldegen @CreatingR97278 @BitmapTech Ah, so they scrape other marketplaces in order to bring it available on theirs?

[btcdev1.sats @btcdev1]

@mononautical I assume the reason is that in order to create a new commitment directly using the same UTXO you would need to pay the fees of all reveal TXs & commitment TXs combined before you can broadcast the TX.

[btcdev1.sats @btcdev1]

@mononautical Why?

[btcdev1.sats @btcdev1]

TA with Ordinals is next level.

[6529 @punk6529]

the process of using ordinals with a hardware wallet is, umm, very special

totally ready for retail, 100%, ready to go, mass adoption here we come

[btcdev1.sats @btcdev1]

@punk6529 Hahahahahhaaaaa

[btcdev1.sats @btcdev1]

@vibhu 😂

[btcdev1.sats @btcdev1]

@iammemeloper /** */

[btcdev1.sats @btcdev1]

@quad_key read more from here if you haven’t checked Quadkeys out yet.

[btcdev1.sats @btcdev1]

There are over 4 billion quadkeys. While the concept is interesting there is no need to fomo.

I believe this will be a great complement to Bitmap. Both have their own niches.