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With Gold & Equities at all-time highs, you may be wondering why Bitcoin is seemingly lagging behind... 🐻 Here, we'll do some data and macroeconomic analysis to simplify and improve your BTC investing with everything you need to know! 🤓 Full video below! 👇  |
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The Bitcoin Pi Cycle Top Indicator, which has historically been one of the most accurate BTC top timing metrics, is showing its 111DMA trending UP for the first time in FOUR MONTHS! 🧑🚀  Is this even more confirmation that we're about to see some fireworks in the BTC price? Chart freely available here: https://www.bitcoinmagazinepro.com/charts/pi-cycle-top-indicator/Bitcoin Price Prediction Using This ToolThe Pi Cycle Top Indicator forecasts the cycle top of Bitcoin’s market cycles. It attempts to predict the point where Bitcoin price will peak before pulling back. It does this on major high time frames and has picked the absolute tops of Bitcoin’s major price moves throughout most of its history. How It Can Be UsedPi Cycle Top is useful to indicate when the market is very overheated. So overheated that the shorter-term moving average, which is the 111-day moving average, has reached an x2 multiple of the 350-day moving average. Historically, it has proved advantageous to sell Bitcoin around this time in Bitcoin's price cycles. It is also worth noting that this indicator has worked during Bitcoin's adoption growth phase, the first 15 years or so of Bitcoin's life. With the launch of Bitcoin ETF's and Bitcoin's increased integration into the global financial system, this indicator may cease to be relevant at some point in this new market structure. |
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Just watched Mary Poppins Returns with my toddler, and it brought back some childhood memories of the original—especially that iconic bank-run scene. 🎶 As a kid, it was all about the catchy songs and magic. ✨ But now, as an adult, the film feels like a masterclass in financial lessons—how money impacts families, how the innocence of a child reveals truths, and how we all face the complex relationship with money. 💸  I wrote a fun op-ed for Bitcoin Magazine on how Mary Poppins and Bitcoin surprisingly intersect when it comes to financial sovereignty. Take a look and let me know what you think! 👇 https://bitcoinmagazine.com/takes/a-spoonful-of-bitcoin-how-mary-poppins-awakens-us-to-financial-sovereignty- |
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Here’s What History Suggests:
As Bitcoin bounces around in its current consolidation phase, there’s a lot of speculation on what could come next. This deep dive into Bitcoin’s past bull cycles offers some clues—and it's looking bullish either way!  Key points from the analysis: Cycle comparison: The current cycle most closely mirrors two past ones—2011-2013 (the double peak cycle) and 2015-2017 (the slow and steady rise). Metrics like MVRV ratio & Coin Days Destroyed: These metrics suggest investors are accumulating, just like in previous bullish periods. No matter which path Bitcoin follows, the outlook is strong. If you're into data-driven analysis, this video breaks it all down: Watch the full video here: https://www.youtube.com/watch?v=zRjiAdqW82AWhat do you think? Are we headed for another parabolic run, or a slower, more sustained rise? 🤔
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21-page report featuring exclusive commentary and insights from leading industry figures like Lyn Alden, The Rational Root, and Julian Liniger, this second monthly edition of The Bitcoin Report is a must-read for both investors and enthusiasts.  As we enter Q4, a period historically known for strong Bitcoin performance, the latest edition of The Bitcoin Report from Bitcoin Magazine Pro delivers essential insights into the evolving market dynamics of Bitcoin. With a blend of quantitative on-chain data, technical analysis, and macroeconomic perspectives, this report offers a comprehensive look at Bitcoin’s positioning, highlighting critical opportunities and challenges for both investors and market participants. Key Highlights from the Report:Historical Q4 Performance: Bitcoin has averaged a 23.3% return in Q4, showing a strong seasonal trend toward bullish performance. Breaking Significant Resistance: Recent technical analysis points to Bitcoin breaking through key resistance levels, potentially setting the stage for parabolic growth. Derivatives Market Momentum: The derivatives market shows renewed momentum, with rising open interest and reduced leverage across major exchanges. Mining Profitability Recovery: Mining profitability has rebounded, with hash price reaching a two-month high, signaling a strengthening of Bitcoin's underlying fundamentals. Institutional Accumulation: In September, U.S. Bitcoin ETFs purchased 17,941 Bitcoins—32.9% more than the 13,500 new Bitcoins mined during the same period, indicating significant institutional demand.
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Exploring the Ethical Labyrinth of Investment and Advocacy: The SilkRoad Case StudyThis article navigates the complex moral and ethical landscape illuminated by the interconnected narratives of Tim Draper, a resilient venture capitalist with a profound belief in the potential of Bitcoin, and Ross Ulbricht, the enigmatic creator behind the Silk Road. https://bitcoinmagazine.com/culture/from-dungeons-to-bitcoin-billions-navigating-the-ethical-labyrinth-of-tim-draper-and-ross-ulbrichtIn the complex intersection of ethics, investment, and advocacy, the case of Silk Road stands out as a beacon for nuanced discussion. Our latest op-ed delves into the realms of privacy, philanthropy, and public support, shedding light on the intricate dynamics at play. Tim Draper's vocal support for the #FreeRoss campaign is commendable, yet the specifics of any financial contributions remain shrouded in mystery. This strategic discretion raises questions about navigating potential government scrutiny while championing a cause publicly. Is there a balance to be struck between advocacy and privacy? The importance of amplifying the #FreeRoss campaign cannot be overstated. With Draper's history of support, endorsing the petition aligns with our collective pursuit of justice. Your voice matters, and together, we can make a significant impact. Sign the petition and join the movement. [Link to petition - https://www.change.org/p/clemency-for-ross-ulbricht-condemned-to-die-in-prison-for-an-e-commerce-website] Furthermore, the speculation around whether Draper reinvested the Bitcoin acquired from Silk Road into new ventures adds another layer of intrigue to this ethical conundrum. How would such actions influence your perspective on the ethical investing debate? Let's engage in this critical conversation. Your thoughts and insights are invaluable as we navigate the ethical labyrinth of investment and advocacy. Transaction ID details for the curious: 9e95c3c3c96f57527cdc649550bf8e92892f7651f718d846033798aee333b0c3
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Lightning Network User Reportedly Loses 4 Bitcoin: What Happened 
A Lightning Network user reportedly lost 4 Bitcoin, but don’t call it weird.
The original design of Bitcoin had a user submit a transaction to any node. That node would share the transaction around the whole network, and the transaction would almost always be included in a block that is secured with proof of work. Subsequent blocks would be found, each one increasing the amount of work needed to reverse the payment. This setup created an abstractly beautiful game theoretic solution where a bad actor would have incentive to support the network instead of attack the network. In the literature we have called information that is included in a block as part of a growing blockchain to be under a Nakamoto Consensus.
The Lightning Network supports metadata associated to the blockchain, though this metadata is not secured by a Nakamoto Consensus. In theory, this metadata could be secured and updated on chain from time to time. In practice, this can be costly/difficult due to on chain restrictions of Bitcoin.
How the Lightning Network works |
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Can Bitcoin Survive “China Mining Pool Attack” Without ChainLocks? Bitcoin may be vulnerable to an attack on mining pools based in China despite a decentralized enough hashpower, giving credence to technology like Dash’s ChainLocks even for large hashrate coins. |
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Chainalysis Reports Most Cryptocurrency Mixed For Personal Privacy Not Illicit Purposes Mixed private bitcoin and cryptocurrency transactions are largely not for nefarious purposes says blockchain analysis firm Chainalysis.
During a recent webinar, blockchain analysis firm Chainalysis weighed in on Bitcoin transactions sent to mixers, services that jumble funds together to obscure their origin and preserve the privacy of the sender. The largest source of funds sent to mixers at 40% is allegedly exchanges, representing verified users withdrawing their funds, likely pursuing greater privacy. |
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Bitcoin Lightning Network Statistics Show Signs of Stalling The Bitcoin Lightning network has shown signs of lost momentum across several statistical metrics.
According to several key metrics pulled from BitcoinVisuals, the Lightning network, Bitcoin’s main off-chain transaction solution touted as a potential remedy to scaling issues, appears to have lost momentum in growth and maturity. It terms of number of active nodes the network experienced consistent growth in the first part of this year, growing from 2,329 at the beginning of the year to 4,120 at the beginning April, approximately a 77% growth over those three months. As of August 19th, the node count stands at 4,744, a much more modest 15% growth over a 50% longer timeframe. |
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Why Crypto Has a Conflict of Interest Problem, and How to Fix It The idea of “free” and “no one owns it” aren’t how the real world works |
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