Herod
506 posts

Herod retweetledi

This started earlier tonight as a joke between me and @Bitcoin_Cookie, now there are 150k people watching
Free DJ set, BYOA, tune in and invite ALL of your friends (if @saylor is your friend and he joins us, you get free drinks all night)
x.com/RobinNakamoto/…
Robin Nakamoto@RobinNakamoto
Watch BTC Live Price - LFG to $100k twitter.com/i/broadcasts/1…
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To be clear there are many people going into this. 2 address have 16% of total supply. I dont recommend buying BORGY, if you are excited we can do this in the app.
Crypto Jazz #bitcoin & #borg@hyjazzz
J'ai fomo 🤣 #weareswissborg
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Herod retweetledi

@Cameralabs @TakiUdon_ I also can't find where to enter the code at checkout
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@TakiUdon_ Hi there, I received the discount code, but there's nowhere to enter it on the checkout page! I'm still within 3 days of the offer, so it shouldn't be an expiry issue. I noticed someone else on this thread has the same issue. Thanks!
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@Cyrus_Fazel @MRo213 Was there a mistake with the English in the post, it suggested to me that anyone commenting would get the reward? Congratulations to the winner, but it causes confusion
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@TheRealPlanC Cost of production is driven by the market price of bitcoin, not the other way around.
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It is very rare for commodities to trade below their production cost.
#Bitcoin, as a digital commodity, follows this pattern.
Power Law Support
$34.5k - 41.5k (0.1% - 5% Quantile)
Bitcoin Average Cost of Production
$37.8k
Is it a coincidence that the Power Law Support almost perfectly align with Bitcoin's cost of production range?

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As I suspected Upoctober is bs.
I did this with ChatGPT so take it with a grain of salt.
I will have to do it myself to make sure it is correct.
But if the results below are true then there is no statistical significance in the data at all when you look at individual months % gains.
In other words counting how many times were up in October (or any other months) is meaningless (p value tells the chance for the result to be due to chance alone, values above 0.05 are not statistical significant).

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It is all math, folks.
Like it or not.
Bitcoin is exponential going up an down the bubbles, with precise growth and decay rates. The growth rates go down in time also in a precise way (another exponential).
In between the bubbles we go up as a power law but also the bubbles and up components cancel each other out to leave only the power law over all.
It is beautiful, fascinating, and it is Bitcoin.
PS
These are dozen of simulations using the Monte Carlo method (based on real stats of Bitcoin) to show possible histories of Bitcoin. The blue line is the parallel universe we live in, the others are what it could have been given the same stats.
Red is the middle general trend and magenta the support line.
I also add a projection for the next 4 years.

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@stackhodler You will have to exchange your sats for goods and services because noone will accept fiat
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You won't need to sell your #Bitcoin
Cantor Fitzgerald is a US financial institution that works directly with the Federal Reserve.
They're one of only 24 "primary dealers" with the right to trade US government securities with the Fed.
And the CEO just announced they're going to offer a Bitcoin lending product.
He also said Cantor Fitzgerald already owns a "shitload" of Bitcoin.
"Buy borrow die" will soon be the new "hodl."
You won't need to sell your stack for fiat.
You will borrow fiat against it.
And when the price of BTC goes up (partially due to the fiat debasement that your loan promotes) you will be able to take out a new loan that pays off the old loan, and provides fresh capital to use or invest elsewhere.
This is nothing new.
The wealthy have been doing this with their real estate and equity portfolios for a long time.
But Bitcoiners will soon have the same opportunity to do this - with a reputable firm, not a fly-by-night startup.
What happens when investors start using this strategy instead of selling their BTC for fiat?
Number go way up.

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@rajatsoni It will get less difficult, we hold our #bitcoin now because we use fiat to pay our bills, buy food & energy, and everything else. But if everyone only accepts bitcoin for everything, then everyone will have to spend it otherwise they will have nothing. Only one life to live.
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