TheCryptoDegen
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TheCryptoDegen
Blockchain & Digital assets management: Doing the most ,knows alot,Sharing More. On X @BuundiKe
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Bitcoin had a feature in 2009 so dangerous Satoshi himself deleted it after one user pointed it out
In the original version of Bitcoin you could send coins directly to someone's IP address
There was no wallet address needed and even worse, your computer would connect to theirs to send the coins through
That meant anyone could see your IP, locate your machine and try to attack it just by sending you Bitcoin
On January 14, 2009 Satoshi decided to test it himself and emailed an early miner named Dustin Trammell asking for his IP
Trammell replied and actually sent it to him
A few minutes later Satoshi connected and sent him 25 BTC with a message that said "Hello"
Trammell answered him with a warning that the feature was insecure and within weeks Satoshi deleted it from Bitcoin entirely
Those 25 BTC would be worth $1.86 million today
In the original version of Bitcoin you could send coins directly to someone's IP address
There was no wallet address needed and even worse, your computer would connect to theirs to send the coins through
That meant anyone could see your IP, locate your machine and try to attack it just by sending you Bitcoin
On January 14, 2009 Satoshi decided to test it himself and emailed an early miner named Dustin Trammell asking for his IP
Trammell replied and actually sent it to him
A few minutes later Satoshi connected and sent him 25 BTC with a message that said "Hello"
Trammell answered him with a warning that the feature was insecure and within weeks Satoshi deleted it from Bitcoin entirely
Those 25 BTC would be worth $1.86 million today
EL SALVADOR TRAVEL AGENCY OFFICIALLY CONFIRMS ITS 1st FLIGHT PAID 100% IN #BITCOIN
FREEDOM MONEY SPREADING GLOBALLY 🧡
FREEDOM MONEY SPREADING GLOBALLY 🧡
If you bought $ETH last month, you'd have outperformed someone holding Silver for 45 years.
🚨 Insane flash crash In just 6 minutes:
- Bitcoin dropped -$2,000
- $500 million in longs were liquidated
- $108 Billion wiped out from crypto
- Bitcoin dropped -$2,000
- $500 million in longs were liquidated
- $108 Billion wiped out from crypto
Before you get giga bullish, please read this.
Bitcoin pumped +15% in the last 4 days, flipping short-term momentum ultra-bullish, but this does not fully cancel the risk of a Q4 correction and bottom.
1. Why this is the first real reversal sign
-BTC reclaimed its weekly MA 200
-Bullish RSI divergence & MACD crossover
- Macro conditions are bullish with Core inflation at 5-year lows and ISM at a 4-year high.
- Russell 2000 is hitting new highs ( historically leading indicator for crypto )
2. The warning
In July–August 2022, BTC rallied +40% with identical metrics before violently dropping -22% in a single week of November and printing new lows.
3. Conclusion
Short-term momentum has clearly shifted bullish, but the larger trend structure has not fully flipped yet.
Holding above $67K keeps the recovery intact; losing it would mean the breakout was a fakeout.
$BTC
Bitcoin pumped +15% in the last 4 days, flipping short-term momentum ultra-bullish, but this does not fully cancel the risk of a Q4 correction and bottom.
1. Why this is the first real reversal sign
-BTC reclaimed its weekly MA 200
-Bullish RSI divergence & MACD crossover
- Macro conditions are bullish with Core inflation at 5-year lows and ISM at a 4-year high.
- Russell 2000 is hitting new highs ( historically leading indicator for crypto )
2. The warning
In July–August 2022, BTC rallied +40% with identical metrics before violently dropping -22% in a single week of November and printing new lows.
3. Conclusion
Short-term momentum has clearly shifted bullish, but the larger trend structure has not fully flipped yet.
Holding above $67K keeps the recovery intact; losing it would mean the breakout was a fakeout.
$BTC
On this day in history, 16 years ago, Satoshi Nakamoto argued that Bitcoin mining could replace household heaters because mining “is basically free anywhere that has electric heat, since your computer’s heat is offsetting your baseboard electric heating”.
$BTC
$BTC
A carrier pigeon can deliver a valid bitcoin transaction, three hundred bytes on a strip of paper, strapped to a leg. The global network will accept it without ever asking how it was sent.
Remember $ICP
Every exchange listed this on the first day and it shot up to $400B FDV
If you had invested $10K back then you would have just $9 today
Every exchange listed this on the first day and it shot up to $400B FDV
If you had invested $10K back then you would have just $9 today
Someone bought 50 BTC for just $4 in 2011
Held it for 15 years and survived every crash
Today he moved his holdings which is now worth $3.25 million
A 800,000x return by simply doing nothing
Held it for 15 years and survived every crash
Today he moved his holdings which is now worth $3.25 million
A 800,000x return by simply doing nothing
ETF or Self-Custody? The Power Law Does Not Care.
Since spot ETFs launched:
Structural-break probability: 2.0%
Break near ETF launch: 0.02%
Mean-shift tests finding no break: 15 of 15
The data shows no new Bitcoin regime.
A spot ETF still requires underlying $BTC.
Derivatives can multiply exposure.
They cannot multiply supply.
Self-custody lowers counterparty risk.
ETFs lower access friction.
Unless demand, confidence or scarcity changes, the structural projection does not.
Different custody but same 21 million supply.
#BTC
Since spot ETFs launched:
Structural-break probability: 2.0%
Break near ETF launch: 0.02%
Mean-shift tests finding no break: 15 of 15
The data shows no new Bitcoin regime.
A spot ETF still requires underlying $BTC.
Derivatives can multiply exposure.
They cannot multiply supply.
Self-custody lowers counterparty risk.
ETFs lower access friction.
Unless demand, confidence or scarcity changes, the structural projection does not.
Different custody but same 21 million supply.
#BTC
The United States Treasury Secretary quoted Satoshi Nakamoto, the inventor of Bitcoin, today.
On this day in history, 12 years ago, the first Bitcoin hardware wallet was released by Trezor
Global bitcoin ownership estimates ~365M people, or 4-5% of world population.
Market capitalization relative to gold (~$1.28T vs ~28T) also points to roughly 4-5% bitcoin adoption.
In logistic (S-curve) terms 4-5% BTC adoption is in the region where % growth rates remain high.
$BTC
Market capitalization relative to gold (~$1.28T vs ~28T) also points to roughly 4-5% bitcoin adoption.
In logistic (S-curve) terms 4-5% BTC adoption is in the region where % growth rates remain high.
$BTC
Elon Musk Set a $BTC Energy Test. The Data Changed.
In 2021, Tesla stopped accepting $BTC over fossil-fuel use “especially coal.”
Musk set a clear condition:
~50% clean energy
+ a positive future trend
Cambridge data:
Low-carbon energy: 37.6% → 52.4% → 59.4%
Coal: 36.6% → 8.9%
Carbon intensity: ~13% lower per TWh
Bitcoin’s monetary properties remain unchanged:
21M maximum supply
~20.06M issued
<940K left to mine
~450 BTC/day → ~225 after the 2028 halving
More capital can produce more gold.
More policy can produce more dollars.
More energy cannot produce more Bitcoin.
Difficulty adjusts.
Energy increases security not supply.
The problem Musk identified has materially improved.
The evidence supports Tesla accepting and accumulating $BTC again.
In 2021, Tesla stopped accepting $BTC over fossil-fuel use “especially coal.”
Musk set a clear condition:
~50% clean energy
+ a positive future trend
Cambridge data:
Low-carbon energy: 37.6% → 52.4% → 59.4%
Coal: 36.6% → 8.9%
Carbon intensity: ~13% lower per TWh
Bitcoin’s monetary properties remain unchanged:
21M maximum supply
~20.06M issued
<940K left to mine
~450 BTC/day → ~225 after the 2028 halving
More capital can produce more gold.
More policy can produce more dollars.
More energy cannot produce more Bitcoin.
Difficulty adjusts.
Energy increases security not supply.
The problem Musk identified has materially improved.
The evidence supports Tesla accepting and accumulating $BTC again.
On this day in history, 16 years ago, Satoshi Nakamoto wrote, “If you don’t believe me or don’t get it, I don’t have time to convince you, sorry.”
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