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alexottabtc
alexottabtc@current.fyi
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#Bitcoin: a financial, technological and energetic leap forward for humanity.
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alexottabtc 1 year ago
Thursday 04/04: #Bitcoin  Spot ETF Flow Update of Wednesday 04/03, after 57 trading days: second consecutive day with GBTC outflow lower than $100m. The Nine Inflow: $189m GBTC Outflow: $75m Total Daily Net Inflow: $114m Grayscale outflow was the lowest since the 26th of February, and for the second consecutive day lower than $100m. It would be very interesting to monitor the last two trading days of the week to see if the downtrend is confirmed. On The Nine inflow, Blackrock is reached $117m, Fidelity $42m and Bitwise $23m. image
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alexottabtc 1 year ago
Wednesday 03/27: #Bitcoin  Spot ETF Flow Update of Tuesday 03/26, after 52 trading days: back to a significant total net INFLOW! The Nine Inflow: $600m GBTC Outflow: $212m Total Daily Net Inflow: $418m Grayscale outflow still significant, but much less than yesterday. Hopefully it will have the same trend as last week and it will keep decreasing trough the week. On The Nine, finally a significant inflow. Fidelity had another great day, with $279m inflow, followed by Blackrock with $162m and by Ark with $74m inflow. Next days will be important to assess how much is left to sell from GBTC and if the Nine are keeping the inflow level of today. image
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alexottabtc 2 years ago
1st video on Austrian School of Economics. In the next months I will make videos from these books: - Austrian Economics - an Introduction - The Price of Time - Ethics of Money Production - Paper Money Supply - Economics in One Lesson youtu.be/_1sxHqFzOMQ #Bitcoin image
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alexottabtc 2 years ago
Most undervalued thing of 2023: Bitcoin programmed scarcity + hard cap at 21m. #Bitcoin  image #Plebchain
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alexottabtc 2 years ago
A big problem with Bitcoin adoption is that the average person, also with a master degree, is almost completely ignorant on how money and the economics work. Therefore it will take more time to understand #Bitcoin  #Plebchain
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alexottabtc 2 years ago
A society that has more consumer goods and more investment goods is richer. Money doesn’t work in that way, because its value lies in its exchange value, not in its use value Having “more” money doesn’t mean the society is richer, it means that the value of money is devaluated #Bitcoin #Plebchain
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alexottabtc 2 years ago
CRE loans above $2t, mostly in small banks. Many companies are ending the leasing of some offices. Once the bubble will burst —> money will be printed to bail out the banks —> new inflation and higher debt The current monetary system is broken. #Bitcoin  #Plebchain image
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alexottabtc 2 years ago
We don’t need “smarter” people in charge of our economic system. Powell’s mission is desperate, because the Keynes system is a broken system. We will pay the price in the future, they are only trying to mitigate it as much as possible, but the price will be anyhow very high! #Bitcoin #Plebchain
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alexottabtc 2 years ago
If BItcoin moved from $16.5k to $30.5k this year (+85% YTD), without any “big news”, imagine what can happen if we have (i) a country buying btc or (ii) a big company buying btc or (iii) a #Bitcoin  spot ETF “Gradually… then suddenly” #Plebchain
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alexottabtc 2 years ago
One of the biggest obstacles to understand #Bitcoin  is to realize that a deflationary economy is good for the society My recommendation: 1) question Keynes economics 2) study deeply history of money and Austrian schools of Economics 3) compare the two systems: only 1 makes sense #Plebchain
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alexottabtc 2 years ago
So many Bitcoin skepticals. It will be interesting to know, 20 years from now, what they will rely when their children will ask them why they didn’t buy BTC under $50k in 2023. #Bitcoin  #Plebchain
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alexottabtc 2 years ago
Bitcoiners are talking about Money, the Economical System, Politcs, Philosophy, Human Flourishing, a Second Renaissance, Time Preference, Technology. How csn it be that the average person is mixing them with Cryptobros? 🤷🏼🤷🏼🤷🏼 “Bitcoin, not Crypto” #Bitcoin #Plebchain
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alexottabtc 2 years ago
Is there a Price threshold that Bitcoin should reach to make all thr “economic experts”, who declared #Bitcoin  dead in 2022, formally apologize towards Bitcoiners? Asking for a friend ;) #Plebchain
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alexottabtc 2 years ago
Soon many people will realize that buying bonds is not even protecting them from inflation. Just a small portion of Bonds floimg into Bitcoin would make Bitcoin going to $100k Bitcoin market cap: $0.6T Bonds Market Cap: 300T #Bitcoin  #Plebchain
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alexottabtc 2 years ago
So many people are not understanding the effect of the increase in interest rates from 1% to 5%, because they think in linear terms. Reality: 25 years loan for $250k 1% —> 283k to pay 5% —> 438k to pay The delta is +55%, not + 4% #Bitcoin  #plebchain image
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alexottabtc 2 years ago
Anyone still waiting for $10k-12k? 🧐🧐🧐🧐 Asking for a friend 😄 #Bitcoin  #plebchain
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alexottabtc 2 years ago
Philosophical moment :) Btc at 30.4k, probably ready for another pump. +84% YTD and holding In 2021 in July it was at 30k and 4 months after $69k. The quality of investors is much higher than 2 years ago. We may be at the start of a legendary Bull Run. If you are between middle 20s and middle 40s, in my opinion Bitcoin is THE THING of our generation, as internet was THE THING of the previous generation. There will not be any other anytime soon. “Just” 250 hours of deep study the right material could allow you GET IT. 250 hours that could change your life, together with the one of your children and grandchildren. It is all about priorities: choose wisely how you spend your time. NFA #Bitcoin #plebchain
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alexottabtc 2 years ago
BTC fair value is between $1m and $10m. 1) Selling BTC before it reaches its fair value is for those who didn’t understand it 2) Investing in anything else before Btc reaches its fair value is for those who didn’t understand it #Bitcoin  #Plebchain
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alexottabtc 2 years ago
#Bitcoin  is…. Slowly…. And then suddenly My recommendation is always the same: spend at least 250 hours in studying Bitcoin. Now you have time. When Bitcoin will enter the “suddenly” phase, there will not be enough time to study it #plebchain