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Satoshis Nephew
satoshisnephew@primal.net
npub1r9rk...twmh
BTC is hope! #endthefed #jailyellenwarrenpowellgensler
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ftcb21 7 months ago
Grind the silicon overlord. Make those fuckers think. #ai #bitcoin
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ftcb21 7 months ago
5. Capability Master artificial intelligence. #bitcoin
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ftcb21 7 months ago
4. Cooperation You are more powerful if you have the support of your family. #bitcoin
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ftcb21 7 months ago
3. Courage Wealth favors those who embrace intelligent monetary risk. #bitcoin
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ftcb21 7 months ago
2. Conviction Bitcoin will appreciate faster than every other asset — because it is engineered #bitcoin
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ftcb21 7 months ago
Twenty Ways to Capital 1. Clarity Bitcoin is capital, perfected, programmable, and incorruptible. #bitcoin
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ftcb21 7 months ago
How much gold would i own doing the same? To calculate how much gold you would own if you invested R312 daily in gold from October 1, 2015, to May 30, 2025, we’ll follow a similar dollar-cost averaging (DCA) approach as with the Bitcoin calculation. The key is to determine the daily gold price in South African Rand (ZAR) over the 3,530-day period, calculate the amount of gold purchased each day, and sum it up. Since I don’t have access to daily gold prices in ZAR for the entire period, I’ll use available data from sources like goldprice.org, ycharts.com, and others, converting USD prices to ZAR where necessary using historical exchange rates. I’ll provide an estimate based on annual averages and address limitations. ### Step 1: Define the Investment Period and Total Investment - **Start Date**: October 1, 2015 - **End Date**: May 30, 2025 - **Total Days**: 3,530 (as calculated previously: 92 days in 2015, 366 in 2016, 365 each for 2017–2019 and 2021–2023, 366 in 2020 and 2024, and 151 in 2025). - **Daily Investment**: R312 - **Total Investment**: 3,530 × R312 = R1,101,360 ### Step 2: Methodology 1. Estimate the daily gold price in ZAR from October 1, 2015, to May 30, 2025. 2. Calculate the amount of gold purchased daily: Gold (grams) = R312 ÷ Price per gram (ZAR). 3. Sum the daily purchases over 3,530 days. 4. Since daily ZAR prices are unavailable, I’ll use USD gold prices per troy ounce (31.1035 grams) from sources like goldprice.org and MacroTrends, converted to ZAR using historical USD/ZAR exchange rates, and derive per-gram prices. 5. Use annual averages to simplify the calculation, acknowledging that daily price fluctuations may affect precision. ### Step 3: Gold Price Data and Exchange Rates Gold prices are quoted per troy ounce (31.1035 grams). I’ll convert these to ZAR per gram using historical exchange rates. Below are key data points and estimates based on available sources: - **October 1, 2015**: Gold price ~$1,114/oz (MacroTrends). USD/ZAR ~13.8. Price in ZAR: $1,114 × 13.8 = ~R15,373.20/oz. Per gram: R15,373.20 ÷ 31.1035 = ~R494.26. - Gold per day: R312 ÷ R494.26 = ~0.631 grams. - **December 31, 2016**: Gold price ~$1,151/oz. USD/ZAR ~13.7. Price in ZAR: $1,151 × 13.7 = ~R15,768.70/oz. Per gram: R15,768.70 ÷ 31.1035 = ~R507.03. - Gold per day: R312 ÷ R507.03 = ~0.616 grams. - **December 31, 2017**: Gold price ~$1,309/oz. USD/ZAR ~12.4. Price in ZAR: $1,309 × 12.4 = ~R16,231.60/oz. Per gram: R16,231.60 ÷ 31.1035 = ~R521.83. - Gold per day: R312 ÷ R521.83 = ~0.598 grams. - **May 12, 2023**: Gold price ~R38,843/oz (exchange-rates.org, high for 2023). Per gram: R38,843 ÷ 31.1035 = ~R1,248.93. - Gold per day: R312 ÷ R1,248.93 = ~0.250 grams. - **March 18, 2025**: Gold price ~$3,038.26/oz (Reuters). USD/ZAR ~18.15. Price in ZAR: $3,038.26 × 18.15 = ~R55,144.42/oz. Per gram: R55,144.42 ÷ 31.1035 = ~R1,772.74. - Gold per day: R312 ÷ R1,772.74 = ~0.176 grams. - **May 29, 2025**: Gold price ~$3,316.51/oz (MacroTrends). USD/ZAR ~17.8688 (tradingeconomics.com). Price in ZAR: $3,316.51 × 17.8688 = ~R59,254.62/oz. Per gram: R59,254.62 ÷ 31.1035 = ~R1,905.36. - Gold per day: R312 ÷ R1,905.36 = ~0.164 grams. ### Step 4: Estimating Total Gold Purchased Gold prices have generally trended upward but are less volatile than Bitcoin. Using annual average prices in USD (sourced from MacroTrends and goldprice.org) and approximate USD/ZAR exchange rates, I’ll estimate the grams purchased per year: - **2015 (Oct–Dec)**: Average ~$1,100/oz. USD/ZAR ~13.8 → R15,180/oz. Per gram: R15,180 ÷ 31.1035 = ~R488.01. Days: 92. Gold/day: R312 ÷ R488.01 = ~0.639 grams. Total: 92 × 0.639 = ~58.788 grams. - **2016**: Average ~$1,250/oz. USD/ZAR ~14.7 → R18,375/oz. Per gram: R18,375 ÷ 31.1035 = ~R590.86. Days: 366. Gold/day: R312 ÷ R590.86 = ~0.528 grams. Total: 366 × 0.528 = ~193.248 grams. - **2017**: Average ~$1,260/oz. USD/ZAR ~13.3 → R16,758/oz. Per gram: R16,758 ÷ 31.1035 = ~R538.82. Days: 365. Gold/day: R312 ÷ R538.82 = ~0.579 grams. Total: 365 × 0.579 = ~211.335 grams. - **2018**: Average ~$1,270/oz. USD/ZAR ~13.2 → R16,764/oz. Per gram: R16,764 ÷ 31.1035 = ~R539.01. Days: 365. Gold/day: R312 ÷ R539.01 = ~0.579 grams. Total: 365 × 0.579 = ~211.335 grams. - **2019**: Average ~$1,390/oz. USD/ZAR ~14.4 → R20,016/oz. Per gram: R20,016 ÷ 31.1035 = ~R643.63. Days: 365. Gold/day: R312 ÷ R643.63 = ~0.485 grams. Total: 365 × 0.485 = ~177.025 grams. - **2020**: Average ~$1,770/oz. USD/ZAR ~16.5 → R29,205/oz. Per gram: R29,205 ÷ 31.1035 = ~R939.06. Days: 366. Gold/day: R312 ÷ R939.06 = ~0.332 grams. Total: 366 × 0.332 = ~121.512 grams. - **2021**: Average ~$1,800/oz. USD/ZAR ~14.8 → R26,640/oz. Per gram: R26,640 ÷ 31.1035 = ~R856.56. Days: 365. Gold/day: R312 ÷ R856.56 = ~0.364 grams. Total: 365 × 0.364 = ~132.860 grams. - **2022**: Average ~$1,800/oz. USD/ZAR ~16.3 → R29,340/oz. Per gram: R29,340 ÷ 31.1035 = ~R943.08. Days: 365. Gold/day: R312 ÷ R943.08 = ~0.331 grams. Total: 365 × 0.331 = ~120.715 grams. - **2023**: Average ~$1,940/oz (exchange-rates.org, ~R35,883/oz). Per gram: R35,883 ÷ 31.1035 = ~R1,153.61. Days: 365. Gold/day: R312 ÷ R1,153.61 = ~0.270 grams. Total: 365 × 0.270 = ~98.550 grams. - **2024**: Average ~$2,500/oz (estimate, considering rise from $2,000 to $3,000). USD/ZAR ~18.0 → R45,000/oz. Per gram: R45,000 ÷ 31.1035 = ~R1,447.36. Days: 366. Gold/day: R312 ÷ R1,447.36 = ~0.216 grams. Total: 366 × 0.216 = ~79.056 grams. - **2025 (Jan–May 30)**: Average ~$3,200/oz (estimate, considering $3,316.51 on May 29). USD/ZAR ~18.0 → R57,600/oz. Per gram: R57,600 ÷ 31.1035 = ~R1,851.94. Days: 151. Gold/day: R312 ÷ R1,851.94 = ~0.168 grams. Total: 151 × 0.168 = ~25.368 grams. #### Total Gold Estimate Summing the annual contributions: - 2015: 58.788 grams - 2016: 193.248 grams - 2017: 211.335 grams - 2018: 211.335 grams - 2019: 177.025 grams - 2020: 121.512 grams - 2021: 132.860 grams - 2022: 120.715 grams - 2023: 98.550 grams - 2024: 79.056 grams - 2025: 25.368 grams - **Total**: ~1,329.992 grams (~1.330 kg or ~42.76 troy ounces) ### Step 5: Considerations and Assumptions - **Price Volatility**: Gold prices are less volatile than Bitcoin but still fluctuate. Annual averages smooth out daily variations, introducing some error. - **Exchange Rates**: USD/ZAR rates are approximated (e.g., 13–18 ZAR/USD). Daily rates from sources like exchangerates.org.uk would improve accuracy. - **Fees**: Transaction fees (e.g., from buying physical gold or via exchanges) are ignored, but they could reduce the gold purchased. - **Data Gaps**: Sources like goldprice.org and ycharts.com provide historical data, but daily ZAR prices are limited. The 2023 average price (R35,883/oz) aligns with exchange-rates.org data.[]( - **Purity**: Calculations assume 24K gold (999 purity), as per standard spot prices (goldprice.org).[]( ### Step 6: Final Answer If you invested R312 daily in gold from October 1, 2015, to May 30, 2025, you would own approximately **1,330 grams (1.33 kg or 42.76 troy ounces)** of gold. The total investment is R1,101,360, and at the May 29, 2025, price of ~R59,254.62/oz (~R1,905.36/gram), your gold would be worth ~R2,534,129. Essentially 20x less purchasing power. #gold #bitcoin #asknostr
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ftcb21 7 months ago
How much BTC would i have if i bought everyday from 1 October 2015 till today at R312 per buy. To calculate how much Bitcoin (BTC) you would have if you bought R312 worth every day from October 1, 2015, to May 30, 2025, we need to consider the daily price of Bitcoin in South African Rand (ZAR) and the total amount invested over this period. Since I don’t have access to daily Bitcoin price data in ZAR for the entire period, I’ll outline the approach, use available data where possible, and provide an estimate based on reasonable assumptions. I’ll also convert USD prices to ZAR where necessary, using historical exchange rates or approximations. ### Step 1: Define the Investment Period and Total Investment - **Start Date**: October 1, 2015 - **End Date**: May 30, 2025 - **Total Days**: From October 1, 2015, to May 30, 2025, is 3,530 days (accounting for leap years: 2016, 2020, 2024). - 2015: October 1 to December 31 = 92 days - 2016: 366 days (leap year) - 2017–2019, 2021–2023, 2025 (up to May 30): 7 years × 365 days + 2025 (151 days) = 2,706 days - 2020, 2024: 2 × 366 days = 732 days - Total: 92 + 366 + 2,706 + 732 = 3,530 days - **Daily Investment**: R312 - **Total Investment**: 3,530 days × R312/day = R1,101,360 ### Step 2: Methodology To calculate the total BTC accumulated, we need to: 1. Determine the daily price of Bitcoin in ZAR from October 1, 2015, to May 30, 2025. 2. Calculate the amount of BTC purchased each day: BTC per day = R312 ÷ Daily Price (ZAR). 3. Sum the daily BTC purchases over the 3,530 days. 4. Since exact daily ZAR prices are unavailable, we’ll use USD prices from reliable sources and convert to ZAR using historical exchange rates or an average rate for approximation. ### Step 3: Bitcoin Price Data and Exchange Rates Since I lack precise daily Bitcoin prices in ZAR, I’ll use USD prices from sources like Investopedia, CoinMarketCap, and Yahoo Finance, and convert them to ZAR using approximate historical USD/ZAR exchange rates. Here’s a summary of Bitcoin prices at key points (in USD, converted to ZAR): - **October 1, 2015**: Bitcoin price ~$238. USD/ZAR ~13.8 (based on historical data). Price in ZAR: $238 × 13.8 = ~R3,284.[](https://calendar.bitbo.io/price/) - BTC per day: R312 ÷ R3,284 = ~0.095 BTC - **December 31, 2016**: Bitcoin price ~$966. USD/ZAR ~13.7. Price in ZAR: $966 × 13.7 = ~R13,234.[]( - BTC per day: R312 ÷ R13,234 = ~0.0236 BTC - **December 12, 2017**: Bitcoin price ~$17,250. USD/ZAR ~13.6. Price in ZAR: $17,250 × 13.6 = ~R234,600.[](https://www.globaldata.com/data-insights/financial-services/bitcoins-price-history/) - BTC per day: R312 ÷ R234,600 = ~0.00133 BTC - **January 11, 2025**: Bitcoin price ~$94,567. USD/ZAR ~18.0 (approximate, based on recent trends). Price in ZAR: $94,567 × 18.0 = ~R1,702,206.[]( - BTC per day: R312 ÷ R1,702,206 = ~0.000183 BTC - **May 22, 2025**: Bitcoin price ~$111,891 (all-time high). USD/ZAR ~18.5 (estimate). Price in ZAR: $111,891 × 18.5 = ~R2,069,984.[]( - BTC per day: R312 ÷ R2,069,984 = ~0.000151 BTC - **May 30, 2025**: Bitcoin price ~$104,031. USD/ZAR ~18.5. Price in ZAR: $104,031 × 18.5 = ~R1,924,574.[]( - BTC per day: R312 ÷ R1,924,574 = ~0.000162 BTC ### Step 4: Estimating Total BTC Since Bitcoin’s price increased significantly over the period, earlier purchases (when prices were lower) contribute more BTC than later ones. To estimate, we can use a dollar-cost averaging (DCA) approach with approximate average prices for each year, as daily price data is too granular to compute without a full dataset. #### Average Annual Bitcoin Prices (USD) and Estimated ZAR Conversion Using available data and interpolating where necessary: - **2015 (Oct–Dec)**: ~$300 USD, USD/ZAR ~13.8 → ~R4,140. Days: 92. BTC/day: R312 ÷ R4,140 = ~0.0754. Total: 92 × 0.0754 = ~6.937 BTC. - **2016**: ~$600 USD, USD/ZAR ~14.7 → ~R8,820. Days: 366. BTC/day: R312 ÷ R8,820 = ~0.0354. Total: 366 × 0.0354 = ~12.956 BTC. - **2017**: ~$4,000 USD (average, considering $966 to $17,250), USD/ZAR ~13.3 → ~R53,200. Days: 365. BTC/day: R312 ÷ R53,200 = ~0.00586. Total: 365 × 0.00586 = ~2.139 BTC. - **2018**: ~$7,000 USD, USD/ZAR ~13.2 → ~R92,400. Days: 365. BTC/day: R312 ÷ R92,400 = ~0.00338. Total: 365 × 0.00338 = ~1.234 BTC. - **2019**: ~$8,000 USD, USD/ZAR ~14.4 → ~R115,200. Days: 365. BTC/day: R312 ÷ R115,200 = ~0.00271. Total: 365 × 0.00271 = ~0.989 BTC. - **2020**: ~$10,000 USD, USD/ZAR ~16.5 → ~R165,000. Days: 366. BTC/day: R312 ÷ R165,000 = ~0.00189. Total: 366 × 0.00189 = ~0.692 BTC. - **2021**: ~$45,000 USD, USD/ZAR ~14.8 → ~R666,000. Days: 365. BTC/day: R312 ÷ R666,000 = ~0.000468. Total: 365 × 0.000468 = ~0.171 BTC. - **2022**: ~$30,000 USD, USD/ZAR ~16.3 → ~R489,000. Days: 365. BTC/day: R312 ÷ R489,000 = ~0.000638. Total: 365 × 0.000638 = ~0.233 BTC. - **2023**: ~$40,000 USD, USD/ZAR ~18.4 → ~R736,000. Days: 365. BTC/day: R312 ÷ R736,000 = ~0.000424. Total: 365 × 0.000424 = ~0.155 BTC. - **2024**: ~$60,000 USD (average, considering $73,000 in March), USD/ZAR ~18.0 → ~R1,080,000. Days: 366. BTC/day: R312 ÷ R1,080,000 = ~0.000289. Total: 366 × 0.000289 = ~0.106 BTC. - **2025 (Jan–May 30)**: ~$100,000 USD, USD/ZAR ~18.5 → ~R1,850,000. Days: 151. BTC/day: R312 ÷ R1,850,000 = ~0.000169. Total: 151 × 0.000169 = ~0.0255 BTC. #### Total BTC Estimate Summing the annual contributions: - 2015: 6.937 BTC - 2016: 12.956 BTC - 2017: 2.139 BTC - 2018: 1.234 BTC - 2019: 0.989 BTC - 2020: 0.692 BTC - 2021: 0.171 BTC - 2022: 0.233 BTC - 2023: 0.155 BTC - 2024: 0.106 BTC - 2025: 0.0255 BTC - **Total**: ~25.437 BTC ### Step 5: Considerations and Assumptions - **Price Volatility**: Bitcoin’s price fluctuated significantly, especially in 2017, 2021, and 2024–2025. The averages used are rough estimates, as daily prices vary. - **Exchange Rates**: USD/ZAR rates are approximated based on historical trends (e.g., 13–18 ZAR/USD). Actual daily rates would improve accuracy. - **Fees**: Transaction fees (exchange or network) are ignored for simplicity, but they could reduce the BTC purchased slightly. - **Data Gaps**: Without exact daily ZAR prices, annual averages introduce some error. Sources like CoinMarketCap or Investing.com offer daily USD prices, which could be converted with precise exchange rates for a more accurate calculation. ### Step 6: Final Answer If you invested R312 daily in Bitcoin from October 1, 2015, to May 30, 2025, you would have approximately **25.44 BTC**, based on estimated average annual prices and USD/ZAR exchange rates. The total investment would be R1,101,360, and at the May 30, 2025, price of ~R1,924,574 per BTC, your holdings would be worth ~R48,961,162. Life changing!! DCA.. #bitcoin
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ftcb21 7 months ago
JD Vance knows fuck all about BTC.. he keeps saying crypto Bla bla bla.. we are so early! #bitcoin
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ftcb21 7 months ago
No fuck man! What is this bullshit… Bitcoin 2025!! #bitcoin image
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ftcb21 7 months ago
after seeing Saylor explain why they won't do proof of reserves - what's everyones feelings on his answer? #asknostr
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ftcb21 7 months ago
What are the chances that MSTR and ETFs and all BTC treasury companies don’t actually hold BTC?? #asknostr $bitcoin
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ftcb21 7 months ago
What happens if BTC chugs along at 20% per annum for the next 10-15 years.. i think many people will OPT out…#bitcoin #asknostr
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ftcb21 7 months ago
Who’s BTC Vegasing this week? #asknostr #bitcoin #soundmoney
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ftcb21 7 months ago
@AdamLivingston - mate! Your X posts are hilarious - Dave Ramsey prob gonna buy XRP because ISO20022 and Peter Schiff admits to selling Epstein gold.. Please roast old Peter.. needs to be done.. #bitcoin #soundmoney
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ftcb21 7 months ago
Once you have freedom in money, everything flows from that. Bitcoin does that! #bitcoin
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ftcb21 7 months ago
YOUR HIGH SCHOOL FRIEND TOLD YOU TO BUY BITCOIN - YOU DIDN’T LISTEN, NOW HE’S A BILLIONAIRE AND YOU WORK THE DRIVE-THRU AT TACO BELL🔥 You laughed at him in Econ class. He wore black Skechers and talked about “digital scarcity.” You called him autistic. Now he’s on a private island with a Japanese princess and a private server farm mining SHA-256 blocks in his oxygen-enriched panic vault. You? You’re 34, have plantar fasciitis, and just gave a free Baja Blast to a guy who paid with a debit card that declined. He owns four jet skis. You own an air fryer and a gym membership you’re too depressed to cancel. He doesn’t even pay taxes. You pay $93 a month for a 2014 Nissan Altima with hail damage and a missing catalytic converter. Bitcoin went from $200 to $112,000. But sure - tell us more about your Roth IRA and Dave Ramsey debt snowball. You could’ve been a sovereign individual. Instead, you microwave gordita shells while your regional manager audits your sauce packet usage. Keep stacking that fiat, king. He’s stacking blocks. You’re stacking boxes of expired Fire Sauce. He told you. You mocked him. Now you call him “sir.” Bitcoin doesn’t forgive. Bitcoin doesn’t forget. #bitcoin #education #hardmoney #humor
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ftcb21 7 months ago
BTC Land Rover ready to rumble! 5 million sats! Let’s explore! #bitcoin
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ftcb21 7 months ago
To calculate the number of days until December 31, 2030, and the daily increase needed for Bitcoin (BTC) to reach $1,000,000 per coin, let’s break it down. ### 1. Number of Days Until December 31, 2030 - **Current date**: May 24, 2025 - **Target date**: December 31, 2030 We’ll calculate the number of days between these dates, accounting for leap years (2025, 2026, 2027, 2028, 2029, 2030). - **2025**: May 24 to December 31 - May: 31 - 24 = 7 days - June: 30 days - July: 31 days - August: 31 days - September: 30 days - October: 31 days - November: 30 days - December: 31 days - Total for 2025: 7 + 30 + 31 + 31 + 30 + 31 + 30 + 31 = **221 days** - **2026**: Full year, non-leap year (365 days) - **2027**: Full year, non-leap year (365 days) - **2028**: Full year, leap year (366 days) - **2029**: Full year, non-leap year (365 days) - **2030**: Full year, leap year, up to December 31 (366 days) - **Total days**: - 2025: 221 days - 2026: 365 days - 2027: 365 days - 2028: 366 days - 2029: 365 days - 2030: 366 days - Total = 221 + 365 + 365 + 366 + 365 + 366 = **2,048 days** ### 2. Daily BTC Price Increase to Reach $1,000,000 To calculate the daily price increase needed for BTC to reach $1,000,000 by December 31, 2030, we need: - The current BTC price - The target price ($1,000,000) - The number of days (2,048) **Current BTC Price**: As of May 24, 2025, I don’t have real-time access to the exact BTC price, but based on recent trends, let’s assume a current price of **$100,000** for simplicity. (If you have a specific current price, please provide it for a more precise calculation.) - **Target price**: $1,000,000 - **Price increase needed**: $1,000,000 - $100,000 = $900,000 - **Timeframe**: 2,048 days - **Daily increase**: $900,000 ÷ 2,048 ≈ **$439.45** ### Final Answer - **Days until December 31, 2030**: **2,048 days** - **Daily BTC price increase needed**: Approximately **$439.45** (assuming a current price of $100,000) #bitcoin