This is a grubby price comment made with regret, but we’re far nearer $100k Bitcoin than most people think.
Why?
It’s about 44% higher than present price. The last bill run saw 44% higher than prior ATH broken through in days after ATH breakthrough rather than months (and this equated to a price of approx 27/28k back then)
343PG
BitcoinActuary@BitcoinNostr.com
npub1l0nn...wvaz
You may not be interested in Bitcoin, but Bitcoin is interested in you.
Still largely ignoring!
View quoted note →
Interesting to see MSTR go back to raising money via convertible notes again.
The devil will be in the detail, but the current high share price presumably allows them to sell them to the market at a pretty high conversion price. This utility for the holder then still serves to reduce MSTR’s interest burden compared to issuing a regular bond.
#mstr #microstrategy
Pray for the shorts 🙏 still 20% of them out there.
#MSTR
I don't normally repost memes, but..
View quoted note →
Received a very credible looking phishing email from #swan #swanbitcoin re the launch of a Swan token.
With news of their foray into Bitcoin mining, this would only be a few steps further and it’s better than most of these types of emails - some will fall for this I imagine.
I’m not a Swan customer but more fool me I guess for at some point giving up my email alone - here in lies the general KYC honeypot problem.
Anyone else had this email? #asknostr
@Anil great article. The world of Bitcoin is a soap opera in itself. If that’s fun and entertaining, fine, but if not, tune out for a bit.
https://www.teachingbtc.com/depression
“Yeah, well Bitcoin is still miles off its all time high”
Which is more remarkable then - $65k zero yielding Bitcoin when you can return 1.9% per year on the 30 year treasury (75% return compounded), or $35k zero yielding Bitcoin when you can return 4.75% risk free per year over 30 years (300% return when compounded).
The bond market has already spoken. #plebchain
The Guardian in the UK or the WSJ - who has the worse Bitcoin coverage? 🤢
Being British I'm going to place a vote for the Guardian - on the basis of no comments ever allowed on any of these articles (unusually) and the following snapshot of two years of Bitcoin linked material... #plebchain


From the Bank of England museum's own leaflet.. I'm picking up on a theme here! Of course I wouldn't have noticed this prior to being into Bitcoin, but it's all there in plain sight.
#plebchain


The world is ignoring Bitcoin right now. Price is within about 1% of what it was 6 months ago.
In the same time the US 10 year has increased 150 basis points. 🤯
Like one of those episodes of Mad Men where you think to yourself - nothing really happened. And yet plenty happened.