TheGrinder's avatar
TheGrinder
thegrinder@nostrplebs.com
npub1de6l...q0sd
Sovereign, creator of bitcoins, future owner of Mars and grinder of many things... 0863F34D0311FC550226F06A376B54D5650980FB
TheGrinder's avatar
TheGrinder 6 days ago
I have an idea. We should add Paypal zaps for the normies. JK
TheGrinder's avatar
TheGrinder 6 days ago
Just did some nos2x house cleaning. I had a massive amount of nostr sites in there from the last 1-2 years. This feels much better. image
TheGrinder's avatar
TheGrinder 6 days ago
Yesterday I was thinking "on-chain zaps are a stupid idea but less of a drama than some people make it sound". Today I had some time to reflect for a bit. Dive into my think tank for a bit and now I'm thinking... WTF?
TheGrinder's avatar
TheGrinder 6 days ago
I think we'd all agree that Satoshi was a Genius. Bitcoin's maths is basically perfect. He predicted the growth in computing power pretty accurately and overall he created an absolute master peace. He also realised that money corrupts people and that "if Bitcoin catches on" everyone will seek to gain control either over the network or the supply. So in my personal opinion Satoshi giving Bitcoin to the World and then leaving was the most genius move of all.
TheGrinder's avatar
TheGrinder 6 days ago
I want a client that I can connect to my coffee machine and not a client that complicates my Bitcoiner life.
TheGrinder's avatar
TheGrinder 6 days ago
Sunday #stoopidlines Just like we thought yesterday, support bounced around 78k and we're seeing a relief bounce taking pressure off the RSI and we'll probably go up to ~79 and then see what happens tomorrow. A reject at the 25-day MA (blue) would suggest a continuation of the bearish trend. Flipping that level would suggest a bullish Monday. Now we wait for tomorrow. image
TheGrinder's avatar
TheGrinder 6 days ago
Bitcoin DCA (5 years) Invested: $6,100 Value: ~$14,200 Profit: ~+$8,100 Return: ~+133% Monero DCA (5 years) Invested: $6,100 Value: ~$12,750 Profit: ~+$6,650 Return: ~+109% View quoted note →
TheGrinder's avatar
TheGrinder 6 days ago
Do your maths before making claims. Let's assume you've bought $100 worth of Monero every month for the last 5 years every time you did your Bitcoin DCA. Monthly investment: $100 Period: 61 months Total invested: $6,100 Approximate historical Monero monthly averages: 2021 avg: ~$220 2022 avg: ~$150 2023 avg: ~$150 2024 avg: ~$170 2025 avg: ~$250 (rising into spike) early 2026 avg: ~$380 (post-spike zone) This gives a realistic weighted DCA rather rather than an assumption. 2021 (12 months @ ~$220 avg) 1200/220≈5.45 XMR 2022 (12 months @ ~$150 avg) 1200/150=8 XMR 2023 (12 months @ ~$150 avg) 1200/150=8 XMR 2024 (12 months @ ~$170 avg) 1200/170≈7.06 XMR 2025 (12 months @ ~$250 avg) 1200/250=4.8 XMR 2026 (1 month @ ~$380 avg) 100/380≈0.26 XMR We sum that up... 5.45+8+8+7.06+4.8+0.26=33.57 XMR We assume current price ≈ $380 33.57×380≈12,756 USD = ~ 109% capital gain View quoted note →