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Down the rabbit hole
Joined November 2019
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Dilution-proof retweeted
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.
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Dilution-proof retweeted
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.
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Dilution-proof retweeted
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.
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Dilution-proof retweeted
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”
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Dilution-proof retweeted
Best moments from Bitcoin 2024 Nashville (thread)
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Dilution-proof retweeted
BREAKING: Hash Ribbon buy signal just fired.
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#Bitcoin explained in 23 seconds
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Dilution-proof retweeted
Already 65% of Mt Gox creditors have been repaid and price is up.
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Super cool short film about @realbedford
VLOG #1: Match Day with Peter McCormack | Real Bedford FC
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Dilution-proof retweeted
The veto is in. I guess the 180 degree turn in dem circles was more like a 90 degree turn
BREAKING: 🇺🇸 President Biden vetoes bill that would allow highly regulated financial firms to custody #Bitcoin and crypto.
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Dilution-proof retweeted
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✨ 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 🌟
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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."
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Dilution-proof retweeted
A somewhat more detailed and speculative interpretation of the Redistribution Revenue Ratio includes a time component. #bitcoin Accordingly, it is possible that we might be in the pre-mania phase. There appears to be hope, and optimism seems to be spreading.
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Dilution-proof retweeted
I produced a half-hour animated overview of the Broken Money subject matter. It covers the history of money, the development of banking, and how new technology changes the way we interact with money over time. Enjoy: youtu.be/jk_HWmmwiAs?si=hoWE…
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Ten days ago, I released the #Bitcoin Research Lab v1. The response has been overwhelming with many thousands of unique visitors. Thank you all🙏 Today, I released API (beta) so you can download the raw onchain data yourself. More info on researchbitcoin.net/bitcoin-…
💥The Bitcoin Research Lab is LIVE 💥 I celebrate the #Bitcoin halving by releasing my FREE onchain analysis suite!🎉 This new Bitcoin epoch start NOW! It is time to learn and prepare! Start exploring over 300 onchain metrics now!📈 👉researchbitcoin.net/charts
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Everything actionable you need to know about what this indictment means for you as a @SamouraiWallet (SW) or Whirlpool user 👇 As a Samourai Wallet user (no Dojo) Unfortunately, the architecture of SW meant that your xpub (a master public key, allowing anyone holding it to derive all your past/present/future Bitcoin addresses) was at some point in time held by Samourai, and could now possible in the hands of the DOJ. Though it's a worst-case scenario, you should assume that your xpub was compromised, and thus all previous mixes you have done have been unwound and are now traceable. You should also assume that the gov can now derive all past/present/future addresses of yours and track movement of funds if so desired. In addition, Samourai's coordinator and backend sync server was seized, and so SW will no longer sync, show received funds, or allow sending funds out. As such, you have to migrate funds to another wallet like @SparrowWallet following the docs here: docs.samourai.io/wallet/rest… In addition, I would recommend migrating funds to a new seed phrase to prevent anyone holding the xpub from seeing all future received/spent funds. You should also disable automatic updates in the Play Store (if used) to ensure no malicious updates are pushed. As a Samourai Wallet user (using your own Dojo) Thankfully, you avoided having your xpub potentially compromised. The worst case scenario for you is that your previous mixes may not have the full anon set you expected if non-Dojo users xpubs were compromised. You will still be able to sync/send/receive from your Samourai Wallet app, but should also migrate funds eventually as no further updates will come out for Samourai Wallet. If you want to migrate, use the docs below: docs.samourai.io/wallet/rest… You should, however, disable automatic updates in the Play Store (if used) to ensure no malicious updates are pushed. As a Sparrow Wallet user Thankfully, you avoided having your xpub potentially compromised as well. The worst case scenario for you is that your previous mixes may not have the full anon set you expected if non-Dojo/Sparrow users xpubs were compromised. There is no real need to rotate to a new wallet etc, and Sparrow is still an excellent option. Unfortunately you will no longer be able to mix in Sparrow as the Samourai coordinator was seized. Next steps for privacy If you (like me) relied on Samourai Wallet for privacy on Bitcoin, it's time to look elsewhere sadly. As of today I have two recommendations: Use Monero for spending, keep using Bitcoin for savings Yes, this isn't Bitcoin, but its by far the most used and most practical privacy coin out there with strong (and growing) ways to swap in/out of it without a centralized, KYC exchange. My recommendation is buying enough to cover your normal spending of Bitcoin for a month at least, and spend out of that lump sum as needed. Learn more: getmonero.org/ Where to get Monero: @bisq_network @TrocadorApp In @cakewallet's exchange feature Wallets: @FeatherWallet @cakewallet @monerujowallet Merchants that accept Monero: monerica.com cryptwerk.com/pay-with/xmr/ Use JoinMarket JoinMarket is a decentralized Coinjoin protocol that brings together peers to mix funds together, gaining strong privacy without relying on a central coordinator, without giving fees to a central entity, etc. The best way to get started today is using the new UI built around JoinMarket, @jamapporg: jamapp.org/ Have any more questions? Drop them below and I'll do my best to answer them. teapawt.net/sethforprivacy/s…
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Dilution-proof retweeted
#Bitcoin privacy is under attack, and you guys are freaking out over jpgs
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Personal Update: I am very proud to announce I'm launching the @_checkonchain Newsletter on Substack! After 6 years studying and educating folks on the power of #Bitcoin onchain data, it's time to put my skills to the test. Our first edition is live! checkonchain.substack.com/ 🧵
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Dilution-proof retweeted
The Bitcoin Monthly for March is now live! 🧵 1/ As the delta between its price and most important means has increased, bitcoin's support appear to be: -Short-term-holder cost basis: $57,547, or 19.4% below its month-end price. -200-day moving average: $43,343, or 39.3% below its month-end price. -On-chain mean: $41,160, or 42.3% below its month-end price. ark-invest.com/crypto-report…
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