Bitcoin bear markets since 2011 lasted:
- 361 days
- 377 days
- 411 days
This one was at 359 days by the end of September, and short-term holders now own just 16% of supply, the lowest since Jan 2023
The tourists have mostly gone home
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Bitcoin trading like its the Iranian stock market
Mt. Gox repayment deadline:
- Oct 2023
- Oct 2024
- Oct 2025
- Oct 2026
- Oct 2027
Collapsed in 2014. Still ~34,000 Bitcoin sitting in the estate
I'm not sure what's worse. FTX liquidator selling everything at the bottom or MtGox liquidator wasting a decade...
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France now pays more to borrow than Italy or Greece
2,000+ arrests after a weekend of riots
Tomorrow MPs vote on a budget that taxes swapping your Bitcoin into USDC at 31.4%
Broke government's will come for your sats
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When owning Bitcoin in France is so dangerous, you now feel nothing...
HEX is -99.99% from its peak and -99.95% since the tweet quoted
Richard Heart will now lose everything they can recover from him
Haters, what I got is better than what u got. Learn from me.
€9,000,000 in #rolex# #louisvuitton# #audemarspiguet# #jacobandco# #patek# #patekphilippe# #bitcoin# #ethereum# #luna#
Approx number of US kids: 72million
Percentage of SpaceX being distributed: 0.546%
Current value: $10.52billion
Next year, I will give one of my SpaceX shares to every kid in America.
This will be the first of many.
El Salvador's Bitcoin reserve just passed 7,800 coins
Up 1,700 since the IMF deal that was meant to stop the buying
Bro was about to go Super Saiyan to save his shop
@ercwl @btcWhaleclub HEXicans: here's why Richard's arrest is actually bullish...
MSCI: Strategy owns too much Bitcoin for our indexes
Saylor, on Sunday: "We found room for more orange" (i.e. F U)
848,250 coins at a $75,444 average, still in profit
Legendary
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@ercwl @btcWhaleclub HEXicans: here's why Richard's arrest is actually bullish...
$910mil flowed out of the Bitcoin ETFs in two weeks
Sounds bad until you remember the +$57.3bn still in since launch
Its a rounding error
Someone bought 248 Bitcoin in 2013 for $88k
First time they've moved in 12.9 years ... now worth $20.2mil
Sat through Mt Gox, China bans, FTX and every crash in between
Doing nothing except HODL remains undefeated
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Vitalik's numbers: it costs ~$93,700 to mine one Bitcoin
You can buy one for ~$81,500
Even the Ethereum guy's maths says Bitcoin is on sale 😏
Fun fact of the day: Bitcoin mining cost is split about 50/50 between compute capex and electricity. Meanwhile, AI inference is almost completely dominated by compute capex.
Turkey's list of what they seized from the HEX founder Richard Heart:
- $7.15mil in cash
- 300 bags
- 100 pairs of shoes
- 28 watches
- 4 rifles, 3 pistols, 1,400 rounds
- 6 cold wallets
- 136 pairs of glasses
... and zero taste
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HEX founder @RichardHeartWin just got detained in Istanbul
Interpol Red Notice for tax fraud... or possibly crimes against fashion and good taste?
Another case study in why we say 'stay humble'
Wallets holding 10 to 10,000 Bitcoin just hit a record of 20,338 addresses
Climbing since July while price chopped and dipped under $80k
Weak hands to strong hands. As usual
The real opportunity cost of pre-ordering a Tesla Roadster (and there's another ~2 years to wait)
If you put the deposit in TSLA stock or Bitcoin instead...
Strive authorises another $630mil of preferred stock issuance to buy even more Bitcoin
Flywheel goes whrrrr
Bank of America just admitted it failed to report $5 billion of suspicious transactions
$1bn+ tied to Chinese money laundering networks
$1.2 billion fine
And they debanked us for buying some sats
