Remember, All digital currencies are a consensus network around a psychological concept. Pretty much anyone agreeing that they think money is like this while someone else says I think money is like this. You can not have a consensus about different currencies with different protocols. Otherwise all altcoins would run on bitcoins chain. It is important to learn how to respectfully disagree with someone who has a different view than your own.
In my opinion, Federated tokens are shitcoins too. Anything you trade your bitcoin for is inherently less valuable than bitcoin, Giving it “shitcoin” status. Chaumian ecash does work, But so does ethereum. The consensus is that bitcoin has the widest adoption, And is the most valuable.
@adam3us
people need to just man up and BTFD.
prior #bitcoin bull markets had like 4 or 5 -30% drops on the way to 100x during a 2 year period.
and this is barely a -10% drop from the new-stablecoin $44k level for last month or so.
bitcoin is holding well through the structural shifts
I think lightning is clunky right now because we need a dollar/Satoshi parity. When 1 sat = 1 dollar lightning will be bank infrastructure. CTV looks like the codebase that will provide exchanges the digital infrastructure to operate this way.
Two weeks from yesterday, Monday, Lunch at noon at the Highland City Club, You are invited. I am giving a Member Monday talk about the Future of Digital Finance. Got an old gold bug to download his first bitcoin exchange app today. Going to share how to position for the next 100 years and would love to introduce you to the City Club community! @HunterBeast this means you too.
I am in conversation with the director. Next weeks talk is on AI and the implications of Neurolink, Kind of a debate around the future for humans related to computers. The director is waffling on me because we were talking about teaching the boomer crowd about buying bitcoin and self custody. I got him to download an exchange app and showed him how to use a self custody wallet with a signing device, But he feels like it will overwhelm the crowd. Either way Hunter I do want to introduce you to Dustin. We need to get bitcoin developers working at the City Club as right now it is just old people and Boulder professionals spending time on their laptops in “public” when they could be working from home. There are a few people with bitcoin that got in early but nobody is building on bitcoin there, And that needs to change. Dustin is still in the web3 shitcoin avenue, And I am showing him the relevance of running a node, Using bitcoin specific apps like BTCpayserver, Running a lightning node, Ect. Please do come the 5th, The indecisive retired director will figure out what he wants to do in the meantime. If nothing else you will get a free lunch. There is an RSVP process, But don’t worry about that, I will vouch for you.
The only profitable way to day trade or high frequency trade is with algorithmic platforms. You need a lot of money/leverage to make the profit worthwhile, And it is very risky. Swing trades are still manageable, 1 week trades, But it should not be a significant amount of your portfolio and doing this professional traders look for 6% a year. Bitcoin is a really easy duration risk trade, The halving cycle makes a predictable 3 on 1 off 4 year market cycle. There is an extremely small amount of people with Bitcoin who never take profits, And most of these coins are lost, Or people who forgot about them. People actively using Bitcoin are in and out, And usually all the way into market tops are taking profits and putting back in during drawdowns. The technical analysis given by any trader is different every time, And doing your research on each stock comes with experience, Not a formula that fits every stock. Bitcoin is what I know best at this point, And it is the most profitable, From a retail or institutional or macro perspective. The only way to outperform Bitcoin is in energy at a hedge fund level, But by then you probably don’t need advice on chart patterns. If you want to see some pretty entertaining stuff check out the degens making call options videos from Wall Street bets Reddit pages. Pretty hilarious to listen to 20 year old finance students talk about legendary gains and losses. People will do exactly as stupid of things with money you would assume them to.
Ah. Europe is fucked. Western Europe just accepts gay people so they can seem tolerant and evolved, And there is no way to get out of Eastern Europe without being criminal enough to kill a motherfucker. Western Europe is just as bad, But has the political priority because rich people still like to go there on vacation. Otherwise it never recovered from the war. You can’t stop criminals and still make money off the international drug trade to fund the government or the church. The only thing that makes it “woke” are confused gay people who wonder why they can’t make enough money to marry a hot wife when the mafia controls the whole continent. In Russia they will just kill your ass, In the west you have to hire somebody to do it for you.
Would really like to get Adam to speak at the Highland City Club in Boulder Colorado. https://www.highlandcityclub.com/
Please reach out for contact so we can arrange a time for him to speak!
@adam3us
@craigraw I would like to formally invite you to speak at the Highland City Club in Boulder Colorado. https://www.highlandcityclub.com/
Highland City Club is a members only co working and business community. I recently have started a bitcoin meetup and we are looking for speakers like yourself to discuss the importance of self custody and how to use products like sparrow wallet.
Please reach out to me here with contact and we will discuss how to accommodate you on your visit!
Thanks Craig for everything you are doing!
If you would like to speak at the Highland City Club in Boulder Colorado we would be happy to host you. https://www.highlandcityclub.com/
Please let me know how we can arrange your visit so we can make plans to accommodate you.
Keep changing the world!
Hello! I am organizing a podcast in Boulder Colorado, At the Highland City Club. Would love to have you tell your story on an episode! https://www.highlandcityclub.com
Sent. Reach out to Dustin to arrange a time and date. He is a really busy guy so if he does not contact you right away just wait. He is juggling many professional relationships.
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