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
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sms 3 weeks ago
If the 4 year cycle is broken does that mean no more parabolic pumps? That brutally cheap sats aren’t coming back? Has Bitcoin been co-opted by the system it was built to destroy? Or is this just a small step in the elaborate process of BTC fixing the world? It’s possible institutions will smooth bears and accelerate bulls. Maybe the cycle didn’t break it’s just accelerated in its evolution, it’s always changed a little, this time it changed a lot. Bitcoin was built to win not to stay fringe. I can only control my own sats. image
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sms 3 weeks ago
If the last two months have shown me anything it’s that I have no idea what the next two months have in store, but I will look back two months from now and have more sats than I have today. We are down 30% from the top. Dropping another 30% would put us at $60k, I don’t think that’s as likely as a 100% rally. I refuse to believe what we see is unhealthy, every stress test strengthens Bitcoin. I believe any gap between my expectations for Bitcoin and reality is simply suppression. The amount of catalysts and dollars printed doesn’t seem to correlate with the price of bitcoin as I’d typically expect, I attribute this to Bitcoin’s evolution, what I understood as the most dynamic index of global economic health and sentiment has seemingly become more so to an extent I have trouble recognizing. This state of perplexion may be the only constant I’ve witnessed when it comes to what to expect next. It wasn’t just finding bitcoin: every day since has been world changing. The value is something you have to look for, but finding new value in the same world is magic. The world is magic; most people can’t see it. Terminal debt spirals are only btc rocket fuel, holding fiat is like betting on the gas in your tank to increase thanks to no outside measures nor your own. Despite all the fear, let me tell you: bear markets are FUN all the LARPs let themselves out and the signal is immaculate, bears are always for building not panicking or taking your foot off the pedal. I made this bed and I’ll lie in it even if it’s just to piss them off. image
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sms 3 weeks ago
There is no such thing as a free lunch; sometimes matters must be taken into your own hands. Nothing is infinite, but if it were, it would be useless. Let it all unwind. I buy and hold spot: me vs me. I could out hodl anyone in a slop n chop market and I could out sit anyone in a hot car: it’s basically just a sauna to me. image
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sms 3 weeks ago
BTC is acting like it needs a catalyst, but I’ve heard such great news in the past 2 months: I refuse to believe it could possibly be priced in. Bitcoin isn’t the type of asset to be put in a box and forget about. We are putting it in a new box, but it will breakout again. Momentum isn’t what motivates me; it’s hope for a better future: straight lines aren’t as fun anyway. image
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sms 3 weeks ago
Much like Satoshi’s coins: my conviction hasn’t budged since I found it. If you’ve been on the Bitcoin scene for longer than a half cycle then you’ve got Satoshi beat, give yourself a pat on the back for every hornet nest kick you’ve witnessed. You’ll be vulnerable if you can’t keep it fresh. Bitcoin was designed to evolve: prioritize the systems long term survival above all else. The protocol will endure. Evolve without panic; there’s really no rush. image
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sms 3 weeks ago
Stacking more sats is nothing to fret over and neither are the dips. Some people see weakening momentum, I see oversold opportunity. There is no anticipation over here just accumulation. image
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sms 3 weeks ago
Hearing $45k FUD really made me think, could another 50% drawdown be in store? Would that be max pain? I’d most definitely stack right through it with a smile on my face, but it’s definitely not the most enjoyable experience to ponder on. I do believe in dual pain however, going down to 45k might be even more painful than going above a quarter million…maybe there’s equal chance of either. Fair market value sits around $106k, bitcoin is undervalued and I’m aggressively accumulating, I shall continue to do so until I feel like the discount is gone…then it’s back to normal accumulation rates. When it gets quiet and engagement gets low I don’t slow my buying, in fact the sats stacked will grow. image
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sms 0 months ago
It’s always been patience over profit chasing. I don’t mind sell offs, it’s like pruning a tree and getting upset about having less tree, you may have less tree after pruning bad branches, but it’s growth will be stronger and healthier. Weak branches out, stronger branches in; weak hands out, stronger hands in. Disorderly exit and orderly upside. How much weak handed supply can really remain? A year of chop, it’s beautiful. NGU or the lack there of can’t change: trust < incentives. Bitcoin fixes incentives and that is fixing the world in unpredictable ways. That’s why I haven’t even flinched when it comes to stacking in fact I turned it up a notch. I don’t think I’m the only one who’s turned it up a notch. Bring the pop, chop, or drop and I’ll bring the slop. Tis the season to shake out snowflakes for the hodl faithful. Call it what you want but don’t call it luck. image
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sms 0 months ago
8 of the top 10 banks in the U.S. now offer bitcoin services: I’m bullish on this number…but…*checks notes*…some how there are still non believers. Bitcoin eating then becoming a digital credit market would be impressive technically and politically that simultaneously betrays the original social promise. It seems the only constant for bitcoin is its inevitability and 21 million hard cap. The dream has changed throughout the years, maybe the dream one day will only be NGU. NGU is no putrid dream either. That was essentially the American Dream: just a chance at NGU no matter who you were or where you came from. A dream of NGU is a dream of hope and a beacon of it. We can turn Bitcoin into the hardest money the world has ever seen and then wrap it in the fractional reserve paper we meant to obsolete. At least the base layer can’t be stopped. It’s proudly horrifying along with the rest of humanity. image
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sms 1 month ago
Bitcoin’s evolution continues, with it a new generation of finance is being born. Even those at the top of fiat are making moves to adopt bitcoin. The grass is greener where the plebs slop. I just want an orifice puckering amount of bitcoin, nothing can stop me besides my own productivity. I’m just the generational guinea pig experimenting on my latest, longest, and most successful demo: living on a bitcoin standard. image
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sms 1 month ago
Seeing large holders reduce their Bitcoin balances doesn’t scare me, one person not being able to fill their shoes doesn’t either. Their time has come and everyday the new normal is a few less sats, there’s no magic number, just a reliable act to stack sats and stay humble. You can go with the flow when you die, healthy fish swim upstream. Self custody and hodl. image
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sms 1 month ago
Do you know what the last thing a face does before bitcoin melts it? It gets flushed. I get that feeling in my gut it excites and saddens me; I’ll miss these cheap sats when they are gone. I’ll sure enjoy them while they last though! image
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sms 1 month ago
Up or down, I stack. Each sat is faith made literal while others surrender to fear. The chart is noise; conviction is signal. Every sat I hold is a quiet truth: I stayed when it mattered. image
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sms 1 month ago
FUDsters beware: don’t tease me with cheap sats. You could sell your entire stack and preach doom through every speaker on the globe, I’m still going to stack every week and be glad to do it. image
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sms 1 month ago
Bitcoin isn’t a bet anymore. It’s becoming the standard. The volatility, the crashes, the boredom: those are just the old speculators getting washed out. If you’d keep stacking even faced with slow, steady growth, then you’ve already crossed the line: you’re not chasing a top, you’re watching money get fixed. The real win isn’t timing anything. It’s realizing you don’t need to. Expect less. Appreciate more. Every day Bitcoin still runs is another day the world shifts, and that’s how you win forever. image
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sms 1 month ago
Price isn’t the heartbeat…the network is. We’re not late; we’re early. Bitcoin’s maturity isn’t a top; it’s the world quietly switching over. Price is noise. Hope is the signal. Every collapse, every doubt, every late cycle is just another reminder that Bitcoin keeps running while everything else decays. The danger isn’t volatility. It’s that Bitcoin rewards patience and exposes every lie built on soft money. This is the prologue. The real story is just beginning. image
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sms 1 month ago
Sometimes you’ve gotta pause and ask yourself: where does max pain really sit? Higher or lower? I keep coming back to the same conclusion: it’s almost always higher. Bitcoin rising hurts far more people than it helps, because most only feel the sting when they’re on the outside looking in. A real bitcoiner doesn’t suffer on the dips; they sharpen their conviction on them. Drawdowns don’t wound you when your mindset is accumulation; they provoke you to act, to build, to stack with intention. Panic isn’t truly painful in the moment. The real pain shows up later: when price recovers, when the candles go vertical, when regret finally settles in. Max pain isn’t the dip. Max pain is watching the recovery without a seat at the table. image
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sms 1 month ago
How do you feel about borrowing against your bitcoin? I’ve avoided it, not out of ignorance, but out of respect for the one thing I refuse to lose: my stack. The idea of watching it evaporate in a liquidation or getting rugged has always felt like the darkest timeline. The more I study it, the more the logic shifts. As a bitcoiner, a bitcoin backed loan makes more philosophical and financial sense than chasing some fiat lender’s approval. Still, if I can’t responsibly borrow against my stack to buy whatever I’ve got my eyes on, that might be the signal, not to overreach, but to stack harder and lower my time preference until I can. That discipline is probably better for my character than the purchase itself. The truth is: the longer I wait, the better the terms will likely become. Bitcoin hardens, markets mature, and the rates offered to strong hands will dwarf what a bank would give me today. There’s risk, of course. I’d never use a loan as leverage to stack more corn: that’s how people get chewed up…but as a tool? Used sparingly? For the rare opportunity that would be lost without it, or to bridge a gap in living standards without cannibalizing my stack? That starts to feel realistic. I don’t ever want to sell my corn when I could borrow against it at a cheaper cost than any fiat loan. In the right hands, bitcoin lets you stack your sats and, slowly, carefully, eat from the tree you planted without chopping it down. image
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sms 1 month ago
Newsflash: Bitcoin whales unload in tidal waves, but those same waves feed entire reefs of minnow wallets. One creature’s purge becomes another creature’s feast. A sell off to one is a stacking season to another. Major sellers still outweigh the swarm of small buyers…for now. Every time a whale empties itself, it becomes a little lighter, a little less dominant, and with every dump, the minnows grow: quiet, persistent, accumulating sats into something sturdier. Eventually the math flips: the whales no longer have enough weight left to shake the ocean, and the sea fills with stronger, midsized fish instead of a handful of giants churning the waters. That’s what healthy distribution looks like: less topheavy, more antifragile. The shoes left behind are enormous, sure, but someone will fill them. Many someones, actually, and they’ll run farther than the giants ever could. As for me? I’ll take the pinky toe position. It’s small, humble, but it’s what keeps the whole foot balanced. image
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sms 1 month ago
It’s not that I’m doing anything dramatic, just showing up every week stacking sats without letting fear rearrange my plans. I don’t wait for perfect timing; I just use time itself as the engine. I take opportunities by the collar, not because they look glamorous, but because they show up. If the dip lingers, I’ll build around it. If it dives deeper, I’ll dig deeper too. Cycles don’t intimidate you when you understand they’re just terrain, not prophecy. And if you need perpetual NGU as emotional support, you might never make it to seven figure bitcoin. Multicoiners aren’t minted by comfort; they’re forged in the parts of the chart that make everyone else flinch. image