Seth Michael Steele's avatar
Seth Michael Steele
S_michaelsteele@BitcoinNostr.com
npub14evv...lrc7
We must live together as brothers or perish together as fools #Bitcoin
Seth Michael Steele's avatar
sms 8 months ago
Nobody truly knows what comes next for Bitcoin. Sure, some people will act like they have a crystal ball, but when they end up being right, they’re often just as surprised as everyone else, because deep down, they weren’t as confident as they let on. Ethics aside, it just goes to show: self doubt is a killer, and confidence, real conviction, is key. Believe in yourself, and when failure comes, let it come gracefully, but learn from it. There’s too much obsession with prediction, analysis, and timing. It takes the joy out of watching the honey badger do its thing. Bitcoin doesn’t owe you explanations. It doesn’t need to move on your schedule. Stop trying to predict your company, just enjoy it. If your friends jumped off a bridge, would you? That old cliché misses the point. A better question is: if everyone else was too shy to dance, would you still dance to your favorite songs? I would, and have. People laughed, called me stupid, but eventually, the music got to them too. They started grooving. Everyone’s guess is as good as mine, but my conviction is forged like diamond hooves: unshaken by the market, unmoved by approval. I move through life with varying degrees of vindication, but unwavering direction. My energy doesn’t come from crowd applause or external validation. It’s internal, renewable, and rooted in gratitude. I do what I do by myself, for myself, to honor the people I love. image
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sms 8 months ago
TARIFF?! At this rate, I’m afraid my wallet might tariff I keep stacking so many frozen sats, but seriously: how should a Bitcoiner think about tariffs? Would the economy tariff we actually allowed free trade? Who really bears the cost of these policies? It’s rarely the governments involved, more often, it’s people like you and me who end up footing the bill through higher prices and distorted markets. Lately, Bitcoin feels like the most sensitive mood ring for the global economy. And weirdly enough, the current mood seems to be… boredom. Despite the chaos around us, price action is muted. We’ve grown desensitized to the madness, and maybe that’s a good sign. It means we’re ready to keep moving forward, unfazed. One thing about Bitcoin: you always have to focus on the upside…and honestly, that’s not hard to do; there’s plenty of it. A dip? It’s never just a dip. It’s conviction being tested, and weakness leaving the network. Keep stacking. image
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sms 8 months ago
You know what would actually be scary? If Bitcoin never has another real bear market; no more chances to stack stupid cheap sats. I’m not interested in timing the market anyway, and I don’t even have 80,000 BTC yet…which, in my opinion, is a good benchmark stacking goal, but if I did have that much, I’d probably be even less tempted to mess around or try my luck trading it. At that point, my biggest concern wouldn’t be price action…it would be security, and that seems to be the case with this recent massive transaction. The coins were moved from a legacy address format to a modern one, signaling a likely upgrade in security and an intent to hold long term. That’s about as based as it gets. image
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sms 8 months ago
I’ve been thinking about that 80,000 BTC transaction. At first, it didn’t strike me as major news, just another large movement on chain. But it’s clearly making headlines now. What kept tripping me up was the age of the wallet: was it from 2011, making it 14 years old, or from 2014, making it 11? Either way, it dawned on me that this is a rare, once in a century type of event, just due to the sheer age and size involved. That said, I don’t care whose coins they were or where they went. My satoshis are safe and sound in self custody, and my address is always ready, whether the universe decides to send me 8 sats or 80,000 BTC by some wild accident. image
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sms 8 months ago
If I had the money to buy 80,000 BTC, I’d do it in a heartbeat. There’s no reason to panic over large transactions like the one we saw today; the market absorbed it smoothly. In fact, I ended up stacking sats at a slight discount compared to what I expected this week. It feels like everyone’s discounting Bitcoin lately. I don’t care who their mistress is: if she knew they were running around on Bitcoin, she’d be pissed. In her mind, she’s Bitcoin’s favorite maxi. That delusion runs deep. Bitcoin’s first love triangle. The longer my time horizon stretches, the more optimistic I become. As humans, it’s easy to get caught up in daily price action, but the truly bullish signals from this cycle might not be fully appreciated until a few cycles down the road…or maybe they’ll materialize even faster than I imagine. Moments like these remind me that Bitcoin isn’t just a price chart: it’s a meeting point for wildly different groups. It’s the balance point between them. Winter hardened maxis don’t flinch at a dip like this, but some have already dominoed into selling their corn. Bitcoin didn’t panic; people did, and to me, what didn’t happen today says far more than what did. image
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sms 8 months ago
Day 1985: I’m still incredibly bullish. Bitcoin remains, in my view, the most asymmetric bet money can buy. Every stack I add is like reinforcing my position: more protection against unforeseen risks, more allies for my sats tucked away in hyper remote locations like a hardware wallet. The dollar keeps weakening relative to itself, its purchasing power eroding year after year, while Bitcoin continues strengthening relative to its own past. The idea of diminishing returns is a fiat mindset. Every true maxi feels it. Maybe the super cyclers weren’t wrong after all, just early. Do recent regulatory shifts in favor of crypto or temporary dips in Bitcoin dominance shake my conviction? Not at all. If my neighbors started inviting foxes into their henhouses, I wouldn’t follow suit, and I’d hope I wouldn’t be forced to help clean up their mess of dead chickens. People buying altcoins only makes my life easier. That’s just less buying pressure on Bitcoin, and cheaper sats for me. I believe Bitcoin enforces the hardest monetary policy in the world, and it’s only going to get harder. I’m so bullish that I think Bitcoin dominance shouldn’t just be measured against the crypto market, but against the entire global financial system. It already comprises the majority of the crypto space, plus a tenth and some change. Right now, Bitcoin represents about 0.3125% of global wealth. Fitting, isn’t it? That number lines up nicely with the current block reward of 3.125 BTC. The poetry in that isn’t lost on me. image
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sms 8 months ago
Watching M2 surge at this pace feels like a bullish signal for Bitcoin, but it also raises serious questions. Who’s printing all this money? Who is devaluing the dollar at a rate we haven’t seen since 1973, and why isn’t this front page news? If it were, we’d probably see a wave of retail speculation and hype. Instead, what we’ve seen so far this cycle feels grounded, not in hype, but in liquidity. I believe the blow off top hasn’t happened yet. The real catalysts are still stacking: mounting reasons for no coiners to want to feel whole again, and maybe, just maybe, this time we won’t see the typical post peak crash. I can’t say for certain, but I’ll be there with every sat I have now and then some, ready to see what unfolds. Bitcoin and fiat remind me of the tortoise and the hare. The dollar sprints with printed fuel, while Bitcoin steadily advances, quietly gaining ground against a faltering fiat system. My conviction in Bitcoin is so strong that I have no interest in trying to time the market. Regardless of whether the cycle patterns repeat or evolve, I know where this is heading in the long run. It’s funny; this feeling I get has served me well before: Bitcoin feels cheap around $110K. image
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sms 8 months ago
Some might still call Bitcoin high risk, high reward, but I struggle to see it that way. In my experience, the real risk is having no Bitcoin at all…or better put, having no exit from a system that’s structurally stacked against you. Sure, the fiat value of my stack might fluctuate, and there’s always a chance it dips temporarily. But it’s also outperformed nearly every other opportunity I’ve had access to; short of insider trading or unethical behavior. At this point, my only real concern is stacking more. Fortunately, that’s becoming easier than ever. Still, the thought of a future where you can’t buy Bitcoin with dollars; that’s both terrifying and incredibly bullish. Up until now, individuals and especially corporations have been penalized by regulation for holding Bitcoin. But the tables are turning. Soon, people and institutions may be more incentivized than ever. If Bitcoin’s engineered properties, like scarcity, neutrality, and auditability, weren’t already enough to win you over, incoming regulatory alignment might tip the scales. It doesn’t have to float your boat personally, but sooner or later, the boat you’re in will be floating on Bitcoin. The best performing companies will inevitably run on a Bitcoin standard. If the fundamentals didn’t convince them, regulatory incentives will. Corporations tend to respond more decisively to such signals than individuals do; at least from what I’ve seen. image
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sms 8 months ago
Bitcoin has taught me to be skeptical of unnecessary complexity, overreaching ambitions, and environments prone to scams. In a world obsessed with growth at all costs, Bitcoin’s simplicity and clarity stand out. There is no second best asset. In a consumer driven society, minimalism isn’t just refreshing; it’s powerful. image
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sms 8 months ago
Watching institutions go on massive Bitcoin buying sprees, stacking sums that immediately dwarf my own, is definitely humbling, but it’s far from discouraging. After all, whose Bitcoin is it? It’s not truly the shareholders’ or the replaceable staff’s. It belongs to the company: the system itself. When corporations began adopting Bitcoin, it became clear that Bitcoin doesn’t just benefit individual organ systems (people); it enhances the integrity of organizational systems as well. It reaches higher order structures, not just individual holders. The pace at which they’re buying makes it feel like we might run out…but we haven’t, and despite appearances, we’re no closer to exhaustion than we usually are. Maybe there’s paper Bitcoin being shuffled around, but mine isn’t paper. No institution is buying my stack with fiat derivatives or instruments I don’t have access to. Not every company that adopts Bitcoin will succeed. It may only be those that align closest to a true Bitcoin standard that survive long term. Eventually, when the biggest and best treasuries have acquired most of what’s available, perhaps they’ll start acquiring other companies just to gain access to their Bitcoin holdings. Maybe we’ll never see another bear market, or maybe we will, but only the strong will survive and I’m not going anywhere. My sats stand 1:1, fully owned, fully held. I can’t be knocked out. image
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sms 8 months ago
I’m 100% spot Bitcoin, fully self custodied: a naturally aspirated Bitcoin maxi, if you will. I don’t feel the need to turbocharge my stack with leverage or derivatives. That kind of boost might offer short term torque, but it tends to overcomplicate things and adds failure points down the line. Instead, I’d rather slowly and steadily build the engine: bigger, stronger, and more resilient over time. Fiat is like a turbo: it overstimulates the markets, creates overheated systems, and introduces fragility. Bitcoin, on the other hand, is the solid engine block; something you can reliably build on. The future may involve some awkward hybrid systems: fiat financed Bitcoin instruments designed to appeal to fiat minded investors. That might create the kind of Frankenstein version of Bitcoin we’ve all feared: a diluted, co-opted shell of the real thing. But don’t let that confuse you. Don’t pass on Bitcoin. This opportunity won’t wait forever. I believe Bitcoin’s influence over global markets will only continue to grow. In times of chaos, the strong stand firm. In times of balance, the strong get stronger. That’s Bitcoin to me: already the best, and still getting better. Fiat enhancements may draw attention, but those with a fiat mindset will eventually realize: the more Bitcoin you have, the better. image
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sms 8 months ago
Bitcoin may be many things, but fragile isn’t one of them. It’s fragile hands that create the opportunity for me to buy cheap sats, and that’s not a flaw, it’s a feature. Every shakeout is a purification process, filtering out the weak and strengthening the conviction of those who remain. It might not be what you hoped for, but it just might be what you needed. I’m not here to cheer for traders. I’m a stacker. I’m a holder. And I’m far from alone. Volatility doesn’t scare me; it motivates me. Dips keep me focused, productive, and stacking. Over the long run, that discipline pays off. image
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sms 8 months ago
Will there ever be institutional treasuries holding fartcoins? Probably not. Smart money already knows the difference between Bitcoin and everything else, and it’s only a matter of time before the rest of the world catches on. Sideways chop might seem boring, but it’s a blessing in disguise for those steadily adding exposure. For leveraged players, though, it’s a slow bleed: death by a thousand cuts. Historically, Bitcoin dips during periods of geopolitical tension. That’s not a flaw; it’s a natural shedding of weak hands. What follows is often a correction and stabilization, as stronger, more convicted holders step in. Now we’re seeing historically low volatility during a time of elevated global tensions; tensions that are starting to cool off. That could be a signal: a return to business as usual, and maybe the calm before the next leg up. One thing I’ve learned: when people start saying Bitcoin has become predictable, I take a step back. That kind of complacency usually precedes a surprise, and it’s the observant who see it coming. I’ve never once regretted stacking more corn. Bitcoin is an experience: deep, humbling, and rewarding. No matter how much I’ve committed, I know there’s always a deeper level. My demand might be finite, but it’s persistent, and while I don’t know what effect it has on the system as a whole, I’m grateful for the effect it’s had on me. image
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sms 8 months ago
I’m so bullish on Bitcoin that I don’t need leverage; spot is enough. In fact, I hope overleveraged longs get wiped out. Speculative gambling only drains sat stacks in the long run. Real conviction isn’t measured by risk appetite, but by how many sats you keep when the dust settles. image
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sms 8 months ago
At some point, I just became indifferent to all the noise. Now, I simply want to stack more sats and live, not to be confused with surviving under some form of modern slavery. Whatever challenges lie ahead, I feel ready. I’m not interested in trading away my freedom for short term comfort, only to realize later it created more problems than it solved. I’d rather face the storm with my rights intact. Living on a Bitcoin standard makes my net worth look volatile on paper, but ironically, my actual life feels more stable than the lives of many I know who rely on fiat. What do you even call that? Inverted volatility? Right now, Bitcoin seems to be consolidating. That means what comes next is uncertain, but with prices already this high, I wouldn’t be shocked if the next leg up seems like hopium irl. These are stressful times, but stress is a choice. Stacking? That’s automatic. image
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sms 8 months ago
If historical patterns are any guide, we might be approaching a cycle top, but honestly, I don’t care. I’m pressing the pedal to the floor. Whether Bitcoin drops below $100K, soars past $250K, or stays exactly where it is; you won’t shake me. I don’t believe Bitcoin has to conform to these narrow, predictable cycles. It hasn’t been around long enough for me to treat past performance as a reliable map for future upside. Ironically, when the crowd gets cautious, I tend to get confident; can’t explain it. But in times like these, with global tension rising and even WW3 on the table, I’m stacking harder. If there’s a chance at peace in the Middle East, I want to meet it with conviction, not hesitation.
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sms 8 months ago
Bitcoin is a hedge against reckless, even outright foolish, monetary policy. It’s not some magical asset immune to hype or outlandish predictions, but its fundamental value proposition remains intact regardless of the noise. Personally, I’m focused on the $120K level, not as a finish line, but as a milestone. I’m tired of seeing multi million dollar predictions tossed around like it’s a game. One step at a time. Yes, Tim Draper says Bitcoin could be worth infinity dollars. And while that sounds extreme, it actually gestures toward a deeper truth: if Bitcoin is the final escape hatch from a broken system, how do you even price that? Bitcoin isn’t just an alternative; it’s the alternative. The ultimate plan B, for everyone, everywhere. And let’s be honest: what some call a “ drawdown often feels like nothing more than coordinated doubt; a kind of conspiracy against what they don’t control. Don’t underestimate Bitcoin’s borderless nature. In a globalized economy, that alone sets it apart. It moves freely, indifferent to borders, politics, and monetary mismanagement. image
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sms 8 months ago
My strategy is simple: Bitcoin. And it turns out anyone, at any level, can benefit from it. I used to think I could be one of the big dogs in this game… but now we’ve got tanks rolling in. Institutions stacking Bitcoin like it’s wholesale, and I’m just trying to keep pace. It’s humbling, but motivating. Get used to hearing about Bitcoin. It’s not just a movement anymore, it’s becoming the standard. image
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sms 8 months ago
I don’t care if we’re in a bear market or not. Honestly, it doesn’t matter. Buying all the way down during the last cycle was the best decision I’ve ever made. At this point, it feels like nothing else matters; I just keep stacking corn. Not because of some grand macro thesis, but because it’s the ultimate troll to all the financial tryhards still clinging to broken models. So yeah, we go higher. Not because it makes sense to them, but because it shouldn’t, and that’s exactly why it will. image
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sms 8 months ago
Overall coiners > suit coiners Overall coiners: it ain’t much, but its honest Suit coiners: it ain’t honest, but it’s much image