Sminston With @_sminston_with
Charging up #Bitcoin research _ Ph.D. in Materials Science & Engineering - Creator of the Decay Channel Model *Not financial advice* Joined March 2014-
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I, in fact, bought just before this dip. And I'm sleeping like a baby.
How I feel about BTC price going down
Bitcoin looking great pre- and post-bombing.
Concept: Bitcoin as a battery. 🔋 As we approach the cycle peak, the battery is being severely drained (pick up the battery and use at your own risk). Coming out of the bubble, Bitcoin becomes recharged; best times to pick up the battery for a full discharge next time.
The estimate of 25% of people in the US owning Bitcoin, if even close to true, is so, so, so much higher than what I'd estimate based off of my pure anecdotal experience. Even 1 in 10 seems high, although this seems much closer.
If you randomly plucked someone out of the United States, statistically, they would most likely be: A 38-year-old, US-born, white, English-speaking, Protestant Christian, married with 1 kid, suburban home-owning, 2-car driving, middle class ($88k/or household inc), slightly…
If you randomly plucked someone out of the United States, statistically, they would most likely be: A 38-year-old, US-born, white, English-speaking, Protestant Christian, married with 1 kid, suburban home-owning, 2-car driving, middle class ($88k/or household inc), slightly…
Try to time Bitcoin at your own peril.
Next month I'm planning to let my X Premium expire, so that I can then sign up for Premium+ from my computer (I dumbly signed up for my current Premium subscription from my phone and didn't get the discount). Is this a good idea or a bad idea?
You're only considered a "Bitcoin user" if you've transacted with Bitcoin (at least once) in (at most) the last:
At this point if you have denied Bitcoin as a valuable investment, let alone the world's BEST investment, it can only be because of pride.
Yet, it is STEEPER. Here are the values: 2019-2020 Crab walk slope = 0.001566 Current Crab walk slope = 0.001769 EXPECTED Current Crab walk slope = 0.001227 The red dashed line and red dot in the plots represent the expected price trajectory and crab market slope for this…
What does this tell us? We need to let it play out, but it seems that the crab walk phases of the Bitcoin cycles and the bull runs (parabolic run-ups), as volatility decreases and institutions continue to drive more of the market, will be come less distinguished from one another.
My son calls it "Big coin." 😂 x.com/sminston_with/…
My son calls it "Big coin." 😂 x.com/sminston_with/…
Dad here; Happy Fathers Day, Bitcoiners! Real conversation with my toddler son yesterday (promise it wasn't planned): Him: "Dad, why is all the money at the bank?" Me: "All the money isn't really at the bank." Him: "Why is all the money not really at the bank?" Me: "They tell…
This paper is making the rounds again. Be very cautious about what you decide to conclude from it- there are some fundamental assumptions that are flawed, and whether or not the paper highlights its own limitations clearly enough will not prevent it from over-exciting the moon…
Addendum: it isn't the absolute amount, it's the % NW invested, or choose a proxy for conviction/commitment: x.com/sminston_with/…
Addendum: it isn't the absolute amount, it's the % NW invested, or choose a proxy for conviction/commitment: x.com/sminston_with/…
Bitcoiners who are newer or who stack less check BTC’s price like it’s their heart rate. OGs with heavy bags glance at it once a blue moon, knowing it’s all noise. • 1 year in / 0.1 BTC: Checks hourly • 2 years in / 1 BTC: Daily peek • 3 years in / 5 BTC: Weekly glance • 4+…
Years in is probably a bigger determinant than stacking rate or stack size, or even % net worth.
Seeing people teach their kids to stack is even better than generational wealth - priceless🙏🏻❤️ #bitcoin x.com/robwoodgate_uk…
Seeing people teach their kids to stack is even better than generational wealth - priceless🙏🏻❤️ #bitcoin x.com/robwoodgate_uk…
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