NASA, ESA, UAE, and China, all are silent about the passing of 3I/Atlas by Mars despite all having the capabilities to observe this interstellar object up close. That’s when you know it’s not a comet… #3IAtlas

#NASA websites don’t relay satellites images due to the government shutdown as #3I/Atlas passes by Mars. What are the odds that a government shutdown occurs at the exact same time as an interstellar object suspected to be engineered passes closed enough to be observed. Coincidence? I don’t think so. #3IAtlas

#Bitcoin price forecast update: The advance shown by the bulls over the past week doesn’t yet invalidate the path 1 (bear case) but makes it a lot less likely. Its probability of happening is now downgraded to 25% (from 45%). The path 2 (bull case) is upgraded to 50% (from 30%). The thesis for an extended cycle appears a lot more probable. Although anything is possible, I don’t think that #BTC will see another parabolic advance within the next five years but rather a steady grind higher with pullbacks no greater than 25% or so. Unless advance in quantum computers shows readiness to wreak havoc Bitcoin, I wouldn’t expect any major bear market as we’ve seen in past cycles. For the short term, I’m expecting more consolidation until December before the next major leg up (which isn’t exactly reflected in the chart below). Invalidation for the bear case is still $125,409 while a soft invalidation for the bull case is still $105,128. #Trading #Tradestr View quoted note →

This is what the UK Government is pushing on its citizens. #DigitalID #UKpol #WEF #TheGreatReset

#Bitcoin price forecast update: The rejection of #BTC below $118,000 and the failure to hold key levels on the downside, shifts the momentum back to the bear count (path 1). The probability weighting for path 1 (bear scenario) is now 45% (up from 30%). Path 2 (bull scenario) now weights at 30% (down from 45%) probability of playing out. #Trading #Tradestr View quoted note →

Can #crypto hobbyists still make money with #mining? Whether it’s mining with ASICs, GPUs or even CPUs, professional participants have captured the market and priced out hobbyists. When it comes to earning staking rewards, even running a mining node at home has become less accessible for most blockchains. As a result, most hobbyists just stick with stake delegation but delegators don’t provide much added-value to the network so there isn’t much value to extract through stake delegation. However, the risk of not delegating is for your savings to get eroded by the #blockchain’s token issuance. So stake delegation is more akin to a punishing rather than rewarding mechanism. So can profitable mining be made accessible to the plebs again? If we look at what’s is being done on #ProofOfPersonhood blockchains, I would say that it’s possible. Proof-of-Personhood (PoP) blockchains allow to prove that a node is run by a unique human and that this human isn’t running multiple nodes. Rather than consuming energy or staking capital, PoP blockchains are fighting sybils by proving that a given participant is a unique individual. It’s easy to see how this feature cannot be easily captured by commercial entities to outcompete the plebs. Although in some cases, it is possible for businesses to hire and use humans as a proxy to run multiple nodes, the value added by the commercial entities would be negative. PoP blockchains use various systems to prove the uniqueness of a human such as biometrics, ID checks, #WebOfTrust, or proof-of-human-work. Although biometrics and ID check systems are often critized for their dystopian nature blockchains like the #Idena network uses proof-of-human-work which has the advantage to not require any personal data. All you need is to complete some tasks that can only be solved by humans. PoP blockchains are an interesting area of growth for a plebs-friendly distribution of the block subsidy. Plus, the PoP capabilities aren’t restricted to fair mining as they can be extended to fair launch, fair faucet distribution, fair voting and more. When enhanced with proof-of-stake, PoP blockchains can also prevent the concentration of the token issuance among whales by assigning a higher staking yield to smaller stakers. So why haven’t PoP blockchains gained more traction yet? One reason is that the space is often associated with dystopian narrative due to the use of biometrics or IDs. However, as said earlier, not all PoP blockchains rely on those mechanisms and even those that do, can obfuscate personal data through the use of ZK proofs. That said, even if PoP blockchains are still under the radar (the Idena network has a market cap below $500k), the concept is being mentioned more and more especially in the context of being used as a tool to combat #AI generated frauds or bot spam, a use case that could certainly be applicable to #nostr.

a16z crypto

On AI & personhood credentials: a new paper - a16z crypto

#meme #memes #memestr #trump #bitcoin #crypto #stablecoin

Safe self-custody doesn’t exist without privacy. #Monero

Self-custody and #privacy are still being under attack by the U.S. government. When a government tells you they are pro-#crypto understand that they are just buying time. #Bitcoin View quoted note →

#Bitcoin price forecast update: I don’t have much changes to make to the two paths described below other than increasing the weighting for path 2 to 45% (from 35%) and decreasing the weighting for path 1 to 30% (from 45%). So far the bulls have successfully defended the $105,580 level and based on lower time frame price action the odds for this level to remain untouched has increased. The invalidation for the path 1 remains $125,759 although breaching $118,680 would significantly decrease the odds of seeing path 1 playing out. Path 2 will likely see a longer consolidation phase between $107,000 and $125,000 that shown on the latest chart screenshot. #BTC #Trading #Tradestr View quoted note →

Interesting take on the potential motives behind the #CharlieKirk assassination. Charlie was being a bit too vocal about #Epstein and #Israel apparently.

If I had to bet on the primary motive for the #CharlieKirk assassination, I would say that it was to eliminate a man who had the ambition, charisma and operational capabilities (grassroots support and media network) to run for and win the Presidency without the support of the system. This combination of attributes is rarely seen and Charlie had them all.

It’s sobering to see #CharlieKirk being assassinated... Open debates are essential to a functioning society and no one should be persecuted or worse for sharing ideas and confronting opposite viewpoints. I have no idea if this is the act of a lunatic or if something else more nefarious is at play here. I hope this tragic event won’t be used to promote authoritarian predictive policing type of policies but the shock is going to be so profound in the society that I wouldn’t be surprised if this it will be. RIP Charlie