Bitcoin Grandad

14K posts

Bitcoin Grandad

Bitcoin Grandad

@Stumitchell60

Applied Science/ Computer Science Major (Business minor) 1979-1982. Family, freedom, liberty, humanity , wilderness, surfing, mindfulness, #Bitcoin

Melbourne, Victoria انضم Nisan 2009
247 يتبع945 المتابعون
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Bitcoin Grandad
Bitcoin Grandad@Stumitchell60·
@AvidCommentator #BITCOIN is a monetary technology which is largely being adopted by young adults & the tech savvy. It’s rapidly outperforming other savings and investment options. Whatever happens, things are shifting quickly, rapidly improving their financial position.
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Bitcoin Grandad
Bitcoin Grandad@Stumitchell60·
@indexnforgetit The floor has an average cagr of 32% over the next 10 years. The bottom is where to accumulate, and where generational opportunity lies. It’s also where to avoid accumulating and then being hit by downside volatility. It always been the same. Nfa.
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Cole Walmsley
Cole Walmsley@Cole_Walmsley·
What’s the common denominator with all of these issues? High rent — Money Can’t buy homes — Money Groceries too damn high — Money Student debt — Money Credit card debt — Money Health insurance — Money Saving to invest — Money Dating and marriage — Money (heavy burden because of monetary costs) Trust in institutions — shattered because of broken money Belief in the future — not possible when your money is GUARANTEED to lose value in the future BY DESIGN No meaning — heavy time and energy pressure because your time and energy decline when your money, which is a representation of your time and energy, declines in value Maybe the money is the problem?? Spoiler alert: it is. But what is "the money?" The money is fiat. Money that only a certain group of people gets to control. It's a completely broken monetary system where a select group of elites gets to literally print as much money as they want out of thin air. A socialist mayor isn’t going to fix it. Broken money breaks the world. All of these issues, including one of the biggest cities in the world electing a socialist, stem from the money being broken. The world will not be fixed until the money is fixed. They want you to blame everything else but the money. They want you to look at everything else but the money. Start looking at the money. The solution is here. All that remains is understanding.
Peter B@realpeteyb123

Why did the under 30 elect Mamdani? High Rent Can’t buy homes Groceries too damn high Student debt (indoctrination academy and overpriced) Credit card debt (usury) Health insurance (impossible) Saving to invest? (Impossible) Dating and marriage Trust in institutions Belief in the future No meaning They don’t trust anyone, not government, not media, not corporations. Their future feels stolen. When life loses meaning, people cling to anyone who sounds like rebellion.

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James E. Thorne
James E. Thorne@DrJStrategy·
Food for thought. MicroStrategy did not sell Bitcoin because it lost faith in the asset; it sold to demonstrate that it can turn its hoard into hard cash to meet dividend obligations when required. IMHO for rating agencies and credit analysts, realised, liquid resources carry more weight than unrealised gains in a volatile asset when they assess coverage and resilience. In that sense, the sale functions less as a change of heart and more as a signal that the company is willing to monetise part of its Bitcoin reserve when its capital structure demands it. $MSTR
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mNAV.com
mNAV.com@BitcoinPowerLaw·
BTC: $70,982 · Q11 · Accumulation · below the 110-day MA. Bitcoin has been here 295 times before — same quantile, same side of the MA. Where it went next: → 90 days: Q15 · $81k · +72% annualized → 1 year: Q45 · $138k · +95% annualized NFA, just math.
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Rauly
Rauly@RaulioEnglasias·
@Stumitchell60 @indexnforgetit I'm not against your strategy, Grandad. Perhaps it will play out. My comment was directed elsewhere.
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Councillor Steve Christou Libertarian Party
Whilst the rest of the country struggles with cost of living crisis and are constantly told to tighten their belts the most incompetent Prime Minister to ever lead Australia receives a whopping $57,000 pay increase. Communism at its finest.
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Bitcoin Grandad
Bitcoin Grandad@Stumitchell60·
Yes, it seems the floor is hard (or has been at least) and the ceiling is more variable. Prior to 2025, all cycle tops reached a minimum of 99 Quantile, and the 2013 & 2017 went higher. It was the Oct 2025 that fell under at around Q75. But it is possible it was due to a number of extenuating circumstances. The reason the floor is useful in my opinion is that once a low is reached (towards the floor), the price has never gone lower. Secondly, in the newer models the floor slope (and therefore CAGR), is higher than the median and top Quantile, ie the floor is converging towards them. This is one of the best and most useful newer Quantile based Power Law models Imo. @BitcoinPowerLaw #x=log&y=log&h=10&ma=off" target="_blank" rel="nofollow noopener">mnav.marty-5b9.workers.dev/btc/power-law/…
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Bitcoin Grandad
Bitcoin Grandad@Stumitchell60·
Respectfully, a Power law is math that was first discovered in the late 1800’s. Its applicability to Bitcoin was discovered & proven in 2013/2014. Having used it for years now, after buying my first Bitcoin in early 2017, I’ve learned the benefits. But everyone can do what they like. I’m only here to help those that are interested in learning. These numbers are simply what the math says.
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Bitcoin Grandad
Bitcoin Grandad@Stumitchell60·
Not really. The returns are slowly diminishing in percentage terms, but compounding means the nominal $ value increases each year. For instance, the 1 Jan Support line prices are $50,708, $70805 and $97099, for 2026, 2027 & 2028 respectively. But the growth between 2026 & 2027 is $20,097, and then the growth between 2027 & 2028 is $26,294. By 2032 the annual growth of this support trend reads over $100k snd continues to climb. The future is not guaranteed, although Power Law based math has worked very well so far. Power Law discovery dates back to the late 1800’s. Nfa.
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Bitcoin Grandad
Bitcoin Grandad@Stumitchell60·
It’s not my work. I’ve just found it very useful. The Bitcoin Power law was first discovered by @Giovann35084111 back in 2013/2014. @hcburger1 extended the work in a paper he wrote in Sept 2019 hcburger.com/blog/powerlaw/… which is where I first learned about. Later @BitboBTC developed an interactive version which is the source of this base chart.
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David
David@david_eng_mba·
@SimonKay100 The U.S. can seize custodial $BTC. It cannot seize properly self-custodied $BTC without access to the private keys.
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Bitcoin Grandad
Bitcoin Grandad@Stumitchell60·
@Drewhawk711 @indexnforgetit No gurantees, but so far so good. The trend is the same scale invariant math. If you haven't looked into what a Power Law is, you'll be glad if you do. What is guranteed is that a low interest bank savings account goes backwards in real terms.
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Bitcoin Grandad
Bitcoin Grandad@Stumitchell60·
@indexnforgetit On average, the future is better than this. The median is a Power Law (put simply, the average price over time), that sits considerably above the Support floor trend. The Support has historically been the lowest risk trend. Nfa
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Bitcoin Grandad
Bitcoin Grandad@Stumitchell60·
@dimezzzzzz @indexnforgetit It's worked well for a long time. If you haven't already, its worth looking into Power Laws and how robust the downside deviations have been.
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Titan of Crypto
Titan of Crypto@Washigorira·
#Bitcoin Floor Is at $42K and Rising. Historically, every #BTC cycle bottom has formed above the lower boundary of the Power Law V2.0. That boundary is currently near $42K and rising every month. I believe a move below $42K remains highly unlikely.
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Long Term Luke
Long Term Luke@LongTermLuke·
Bitcoin teaches a lesson most people never learn: Short-term discomfort is often the price of long-term freedom.
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