Alright, alright. New data and analysis coming in. The price won't sustain more than 5 consecutive days above $19k for the rest of the year.
Oh my!!!!!
Looks like Saylor is missing a thumb. Probably a boating accident.
(good interview btw in case you got some time)
BTC099: Michael Saylor's Deep-Dive on Bitcoin Energy Misconceptions
https://youtu.be/BYk1Id2j7_8?t=6154 I agree with you bitebits in regards to another good interview involving Michael Saylor.. and surely Preston Pysh also has great abilities to engage and to surely follow the ways that Saylor likes to go into pretty great details with his examples.
I find it also
funny ironic that I had actually listened to that same interview yesterday (in audio form), and I cannot remember what I was doing at the time that I was listening to it, yesterday. They have been doing bitcoin-related interviews once a week through the "We study Billionnaires" podcast.
Here's a link to the audio format of that episode.
When I clicked on your link, and then I watched it at your cue point, and I got sucked into it again.. and it's like I had heard it but I had not absorbed some of the ideas..
I really like Michael's framing of his response about bitcoin addressing technical, economic and political issues and then he fleshes each of the frameworks out.... and there is a bit of profundity contained in those frameworks to overview what bitcoin is attempting to solve.. even if we might not always appreciate the battles within each of those areas... and there is a lot of devil in the details too.. in terms of talking about how bitcoin attempts to address the ongoing battles that are happening in our modern day technical, economic and political state of affairs.
f off buddy
btt
So with all the rate jumps the fed has dropped CPI inflation down to 8.2%
do they jump us hard this November. and do they do the jump right before the election.
You seem to have "issues" philip - in terms of how much weight you give to causal connections.
I am not going to proclaim that I know the answers, but I doubt that the fed has as much power over causation as you are proclaiming (or strongly implying) that they have.
I see a lot of Fear+Uncertainty+Doubt
Yes..
But we are still not a monolith.
There are a variety of ways to attempt to prepare yourself for uncertain times, and even some of the worst uncertain times that we have faced.
Bitcoin has a role in terms of giving some assurances, but there are people who either do not know about bitcoin or they deny bitcoin or they have not really built up some of their hedging in bitcoin, so some of these folks are likely hedging in other ways, such as creating some property and attempts at self-sustainability to the extent that they believe that there may well be ongoing difficult times ahead.. including higher likelihood for Armageddon with other countries experiencing more likelihoods of various kinds of Armageddon -including ongoing economic breakdown and even supply chain issues.. and even the USA as a country might not be as bolstered in terms of supply chain bolstering to be playing with fire as much as seems to have been happening with ongoing purposeful battles with the currency.. that involves attempting to figure out if they might be able to keep the system going by attempting to make the dollar attractive, even though several trillion dollars of USA debt still needs to be rolled over in the coming years (and part of the reason that they are having to offer higher interest rates on USA debt).. ..
Yes.. playing with fire..
Playing with fire.. and the causal certainties remain less than certain, even when we have ongoing spins about what has been happening, how we got here and where we might be going.
I would surely prefer to continue to be able to have our transition into bitcoin to have a parallel dollar system, and hopefully, the diptwat elites (Fed et al) do not fuck things up too much.. including that they likely fucked us up in getting here in the first place (and not just one regime) because it is a 20-30 or more year ongoing cascading of these irresponsible monetary problems that got us into this emergency state... and still short-term causal claims are filled with uncertainty.. which is one of the three parts of FUD.. or at least making the FUD real.. and more real for some than for others... and the fear and the doubt can be buttressed to some extent.. and some folks are more prepared than others, and I am not even considering myself as greatly prepared, even though I am pretty well prepared in the bitcoin arena.. even if that is going to save some of us from worse downfalls is still to be seen... I would still be careful about locking too much up into buying US government debt from a personal interest level, even if it might be a patriotic thing to do.. it may well not be as much in your financial interest as you believe it to be, even if you are getting a "yield" from that shitcoin.
from now til then.
Oh and Ukraine vs Russia will also fan flames of fear bigly.
Meanwhile we are adding 5 S19 pros to the mine as the gear prices have dropped more than the coin prices.
plus we can buy the gear on credit.
Miners had a good year in 2021.. as long as they did not fuck things up too much.. so it is good if you feel that you are not one of the miners getting forced out by the ongoingly high hash rate.. and even seeming increasing hashrate that is likely meant to reck smaller and less efficient miners.. and I would have to congratulate you if you are one of the reckers rather than one of the miners getting reckt in this ongoing hashrate increasing slaughter.
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