yeah. have you been censored?
Posts by DotKrueger
The absence of verified profiles makes this almost unusable
no idea
Verified Proflles?
Is there some equivalent here?
How is spam prevented?
I have heard rumors of censorship. Is this true?
ah.
nope
Bluesky now has over 20M people!! ๐
We've been adding over a million users per day for the last few days. To celebrate, here are 20 fun facts about Bluesky:
Mark - are you a believer in Bitcoin ?
5. Lending will become a serious business.
Likely it will be dominated by lending against ETFs, but decentralized lending protocols will also see great adoption.
4. The real engines of growth will be IBIT and FBTC.
BlackRock and Fidelity, not MSTR, not corporate buying, and not sovereigns will prevail. The next big bulk of buyers will be advisors, and high net worth ETF buyers.
3. There will be a bear market of -50% sometime in the next 3 years.
But perhaps not in 2026. I remain a believer in some form of a "super-cycle", but one in which the Power Law is respected. In that bear market, MSTR will revert to a 1 multiple. Or lower.
2. MSTR will stop at <500K BTC
MSTR will deploy 100 Billion, but the next 300K BTC will be much, much more expensive, and the multiple will contract faster than people expect.
5 Predictions for the next "cycle"
1. The Power Law won't break.
Sorry, but the 4 year moving average of log(P) follows a straight line with r2 = 99%. I don't think this will change over the next 4 years. For all the euphoria, there will be selling and re-balancing.
nope.
in the white paper there is no cap
Sustaining (and its accelerating) the current growth rate of 4 new users per second, @bsky.app will cross 100 million users within 9 months. Wild.
bcounter.nat.vg
The feed side of it seems a bit broken for me as a noob, but everything else screams "killer app"
although there are no bitcoin in the source code. only sats.
nope
Blue Sky Exclusive Contest.
The first person below to answer the following riddle correctly wins 50,000 sats.
An earlier version of Bitcoin may have had a larger number of coins that could be mined (other than 21 million).
What is this number?
And what is your BTC address to receive the sats?
@neiljacobs.bsky.social is here
vancouver?
the flywheel blowing up has been a part of each down market
- mt gox 2014
- icos 2018
- gbtc 2022
Who posts on here from the mainstream Bitcoin Twitter community?
I see @ericbalchunas.bsky.social and @natbrunelll.bsky.social and @profstonge.bsky.social have profiles, but we're pretty much at ground zero.
I'll try to incubate a Bitcoin presence here.
Bitcoin is going to really rip in the next 6 months.
Maximum conviction.
I still have some long dated options on BITO, but mainly just long ETFs and actual Bitcoin. Trying to not overthink things.
X seems a bit like Fisher Price in comparison.
Fonts are too big. Too many distractions.
This app could seriously challenge X and everything else.
Fonts are refreshingly crisp and modern.
All the design choices are excellent.
Speaking of design -- check out my book with Ben Sigman
bigbitcoinbook.com
call me the next time you do a seed round like this.
BlueSky only post.
I have a theory that MSTR will bring about the next bear market.
It will start simply enough, then MSTR mNav will collapse, and people will worry that they will need to sell Bitcoin.
Leverage in reverse. Whether there is selling or not, the risk is there.
i am here. This platform has massive potential