This 🧵 contains references to my #Bitcoin related content, which I will keep extending over time - so it is basically my own Proof-of-Work time chain ⛓️
Click on "show this thread" & have fun! 👇
Lazer ray till $100k took a few years longer than originally anticipated, but great to have gotten there
Congrats to everyone who has held onto #bitcoin throughout the whole period!
1) The popular, Twitter version of the Bitcoin Power Law is mathematically wrong, an unfortunate misapplication of the Power Law, as I will demonstrate in this thread.
Bitcoin market cap has NOT grown in “a linear corridor of growth” since 2010.
@cburniske@joemccann Is it truly risk appetite growing, or were there there just a lot of smaller altcoins added to the TOTAL3 index, and/or did the active supply of those alts grow more on a relative basis (e.g., new coins being minted or getting unlocked)?
Freedom technologies aren't invincible, but they make authorities kind of go mask-off.
It's one thing for Brazil to ban Twitter/X, but it's another layer deep to then also go after everyday people for using VPNs to access it. The optics get harder with that.
The #Bitcoin Monthly for July is live.
A thread:
1/ In July, bitcoin’s price increased 3.1% to $64,612. By August 5, however, bitcoin's price had corrected 23.3% to a new local low at $49,577. During the last two weeks of July, bitcoin regained and then lost its 200-day moving average at $61,107 and its short-term-holder cost basis at $65,704.
Today, bitcoin trades slightly below its 200-day MA.
Trump:
> “Bitcoin probably overtakes gold”
> “I will fire Gary Gensler”
> “Never sell your bitcoin”
> “Bitcoiners saw inflation before anyone else”
> “Danger to the dollar comes from Washington not Bitcoin”
> “U.S. to create a strategic BTC stockpile”
✨ Exactly 9 years ago today, #Bitcoin pioneer ROSS ULBRICHT was sentenced to LIFE IN PRISON
This week, PRESIDENT TRUMP pledged to pardon him
The SHOCKING STORY of his UNFAIR TRAIL and why he deserves a chance at FREEDOM. A thread 🌟
JUST IN: 🇺🇸 Donald Trump vows to commute the sentence of Ross Ulbricht to time served if elected President.
"He's already served 11 years. We're going to get him home."