Discover and read the best of Twitter Threads about #stacksats
Most recents (22)
Å holde hytta frostfri i vinter kan potensielt bli dyrt. Med et enkelt grep kan #bitcoin hjelpe deg spare fra 15 til 100% av oppvarmingskostnadene.
En litt lang🧵(fri for fagfellevurderte beregninger)
1/22
En litt lang🧵(fri for fagfellevurderte beregninger)
1/22
Møt Antminer S9. En av mange typer bitcoin minere som kan kjøpes brukt på Finn. Den koster 1000-1500kr og avgir varme som tilsvarer en panelovn på 1400W når den kjøres på full effekt. Da belønnes du med ca 0.00005 bitcoin per dag, som tilsvarer ca 10 nok per dags dato. 2/22 
En panelovn består av motstandstråder som konverterer elektrisk effekt til varme. En bitcoinminer består av kretskort som like effektivt lager varme, et restprodukt av arbeidet de gjør for å bidra til at bitcoin skal kunne være en global, åpen og ustoppelig pengeform. 3/22
I’ve been buying #bitcoin for +5 years. I got many things right and many things wrong..
So here are 5 of the most important lessons I have learned along the way. 👇
So here are 5 of the most important lessons I have learned along the way. 👇
Lesson 1: Cheap ≠ Value
Don’t get distracted by the per unit price of AltCoins.
#Altcoins are cheap due to their excessive supply. #Bitcoin seems expensive due to the limited supply.
Supply & demand is important. You want limited supply & increasing demand.
#BuyBitcoin
Don’t get distracted by the per unit price of AltCoins.
#Altcoins are cheap due to their excessive supply. #Bitcoin seems expensive due to the limited supply.
Supply & demand is important. You want limited supply & increasing demand.
#BuyBitcoin
Lesson 2: I am not a trader
Drawing triangles on a chart is cool, but let’s leave the technical trading to the professionals, like @PeterLBrandt & @aspentrading10
Treat Bitcoin as a long term savings a/c. What you already have will be worth an incredible amount in years to come
Drawing triangles on a chart is cool, but let’s leave the technical trading to the professionals, like @PeterLBrandt & @aspentrading10
Treat Bitcoin as a long term savings a/c. What you already have will be worth an incredible amount in years to come
As a Class of 2021 #Bitcoin-er, I would like to unofficially-officially welcome the Class of 2022. Buckle up for a legacy impacting journey. First things first: it is critical that you to develop a proper framework regarding #BTC. Attached is your required reading list. Thread 🧵
Bitcoin Standard @saifedean
7th Property @ericyakes
Layered Money @timevalueofbtc
Blocksize Wars / Jonathan Bier
Internet of Money @aantonop
Price of Tomorrow @JeffBooth
Thank God for #Bitcoin / @jimmysong, @Breedlove22
End the Fed @RonPaul
Psychology of Money @morganhousel
7th Property @ericyakes
Layered Money @timevalueofbtc
Blocksize Wars / Jonathan Bier
Internet of Money @aantonop
Price of Tomorrow @JeffBooth
Thank God for #Bitcoin / @jimmysong, @Breedlove22
End the Fed @RonPaul
Psychology of Money @morganhousel
That's your reading list. Get it done. No excuses. Audible is fine. The point is to get the correct content consumed so you can draw an accurate perspective regarding #Bitcoin and the future.
Under no circumstance do you take orders from mainstream. They are confused. See below.
Under no circumstance do you take orders from mainstream. They are confused. See below.
Think we’re definitely living in a simulation. It’s really hard to digest this otherwise.
How it started… How it’s going…
How it started… How it’s going…
#Bitcoin vs. shitcoin future
Hahaha 🤣
1/n Today we became garage band miners, @Alex_Hardeland!
#SlushPool #Antminer #KryptoNor #Bitcoin
Isn't it beautiful?
#SlushPool #Antminer #KryptoNor #Bitcoin
Isn't it beautiful?
2/n I used to think bitcoin mining was just for institutions. Huge thanks to the freaks @Diverter_NoKYC and @econoalchemist for teaching me otherwise. Check out their articles below for a deep dive:
diverter.hostyourown.tools/mining-for-the…
econoalchemist.com/post/home-mini…
diverter.hostyourown.tools/mining-for-the…
econoalchemist.com/post/home-mini…
3/n This is our prototype project. In addition to earning us extra income (not that we will ever sell!), it will serve as a test facility.
Next up: utilize the energy byproduct to heat homes!
Next up: utilize the energy byproduct to heat homes!
It's always too late….
It always feels to late to buy #Bitcoin but we are still early to participate. When i first heard about bitcoin in 2013, i thought it was too late and missed a great opportunity. It was 2017 that I was convinced it was still early.
It always feels to late to buy #Bitcoin but we are still early to participate. When i first heard about bitcoin in 2013, i thought it was too late and missed a great opportunity. It was 2017 that I was convinced it was still early.
In retrospect it was never too late!
Now is a good opportunity to invest in Bitcoin. In the long run it doesn't matter if you bought #btc at 40k, 45k or 50k, the main thing will be that you have bought some.
Now is a good opportunity to invest in Bitcoin. In the long run it doesn't matter if you bought #btc at 40k, 45k or 50k, the main thing will be that you have bought some.
You don't have to own a whole Bitcoin either - just try to collect as many #Satoshis (en.bitcoin.it/wiki/Satoshi_(…) as possible
Don't forget to DCA (en.wikipedia.org/wiki/Dollar_co…)
This is no financial advice! => Do your own Research
#stacksats
Don't forget to DCA (en.wikipedia.org/wiki/Dollar_co…)
This is no financial advice! => Do your own Research
#stacksats
Warto poczytać przed nowym ATH. Oto lista moich ulubionych autorów i ich wybranych artykułów o Bitcoin (#BTC ):
Nick Szabo
unenumerated.blogspot.com
Shelling Out: The Origins of Money: nakamotoinstitute.org/shelling-out/
Money, Blockchains, and Social Scalability: nakamotoinstitute.org/money-blockcha…
Nick Szabo
unenumerated.blogspot.com
Shelling Out: The Origins of Money: nakamotoinstitute.org/shelling-out/
Money, Blockchains, and Social Scalability: nakamotoinstitute.org/money-blockcha…
Nik Carter
medium.com/@nic__carter
It’s the settlement assurances, stupid How to evaluate blockchains: medium.com/@nic__carter/i…
A most peaceful revolution: medium.com/@nic__carter/a…
medium.com/@nic__carter
It’s the settlement assurances, stupid How to evaluate blockchains: medium.com/@nic__carter/i…
A most peaceful revolution: medium.com/@nic__carter/a…
Robert Breedlove
breedlove22.medium.com
The Number Zero and Bitcoin: breedlove22.medium.com/the-number-zer…
Our Most Brilliant Idea: breedlove22.medium.com/our-most-brill…
breedlove22.medium.com
The Number Zero and Bitcoin: breedlove22.medium.com/the-number-zer…
Our Most Brilliant Idea: breedlove22.medium.com/our-most-brill…
The #Fed Playbook
Aug. 20, 2020
What's up with the Federal Reserve this week? Time fo a thread. 👇
1/ The balance sheet is back above $7 trillion. We are probably not going to go very much below that this year.
Aug. 20, 2020
What's up with the Federal Reserve this week? Time fo a thread. 👇
1/ The balance sheet is back above $7 trillion. We are probably not going to go very much below that this year.
2/ Since the start of the #Fed intervention this year that's $2.8 trillions added.
Sure that's a lot of money... but in percentage that's only a 65% expansion.
There is a lot more room for growth if we compare to what happened after the 2008 crisis. 🧐
Sure that's a lot of money... but in percentage that's only a 65% expansion.
There is a lot more room for growth if we compare to what happened after the 2008 crisis. 🧐
The #Fed Playbook
Aug. 06, 2020
What's going on with Brrrr? Time for a thread. 👇
1/ Not much has changed for the Fed. Minus $4 billion on the balance sheet this week.
When your assets total $7 trillion that's barely visible.
Aug. 06, 2020
What's going on with Brrrr? Time for a thread. 👇
1/ Not much has changed for the Fed. Minus $4 billion on the balance sheet this week.
When your assets total $7 trillion that's barely visible.
2/ In net value the size of the 2020 #FOMC intervention dwarfs what happened in 2008.
But in percentage term that is barely the beginning. 👇
But in percentage term that is barely the beginning. 👇
The #Fed Playbook
Jul. 02, 2020
1/ Currency swaps are on the decline. That translates in the Fed balance sheet moving lower for now.
Keep in mind that it still sits at US$7 Trillion!
Jul. 02, 2020
1/ Currency swaps are on the decline. That translates in the Fed balance sheet moving lower for now.
Keep in mind that it still sits at US$7 Trillion!
2/ But the same thing happened in 2008. The emergency measures make the #Fed balance sheet explode. Then after they fade away the next step is a long term #QE program that will last for years.
At the same point in 2008 we weren't even half way through the expansion... #Brrrr
At the same point in 2008 we weren't even half way through the expansion... #Brrrr
3/ What's the conclusion? Keep calm and #StackSats.
Problems: #FOMC #QE #CentralBanks
Solution: #Bitcoin
Problems: #FOMC #QE #CentralBanks
Solution: #Bitcoin
The #Fed Playbook
Jun. 25, 2020
1/ Very small decline in the Fed balance sheet this week.
This is mostly the result of foreign central banks not rolling over currency swaps with the Fed.
The rest of the world is less hungry for US$ for now.
Jun. 25, 2020
1/ Very small decline in the Fed balance sheet this week.
This is mostly the result of foreign central banks not rolling over currency swaps with the Fed.
The rest of the world is less hungry for US$ for now.
2/ The #Fed balance sheet has expanded a little bit less than US$ 3 Trillion in 2020.
But that's only a 67% growth compared to the 150% expansion at the same time in 2008.
The US economy is still in trouble though. So there is probably more support from the Fed coming soon.
But that's only a 67% growth compared to the 150% expansion at the same time in 2008.
The US economy is still in trouble though. So there is probably more support from the Fed coming soon.
The #Fed Playbook
June 04, 2020
1/ The Fed is in cruise control, now adding an average of $70 Billion per week to the balance sheet...
June 04, 2020
1/ The Fed is in cruise control, now adding an average of $70 Billion per week to the balance sheet...
2/ At this rate QE-Infinity ™️ will have added to the system in only a few months as much money as the total of all previous #QE programs!
3/ Yet in percentage this is amounts to only a 69% expansion of the balance sheet...
The #Fed Playbook
May 28, 2020
1/ After reaching $7 Trillion last week, the US Federal Reserve only added $60 Billion to its balance sheet this week. Only a drop in the ocean at this point...
May 28, 2020
1/ After reaching $7 Trillion last week, the US Federal Reserve only added $60 Billion to its balance sheet this week. Only a drop in the ocean at this point...
2/ But still, in 2008 it took 5 years of #QE to add that much money in the system. In 2020 we did it in 2 months...
3/ And yet in percentage term this is only a 67% expansion of the balance sheet. There is plenty of room to do more...
The #Fed Playbook
May 21, 2020
1/ That's it! the US Federal Reserve balance sheet is above U$ 7 Trillion!
May 21, 2020
1/ That's it! the US Federal Reserve balance sheet is above U$ 7 Trillion!
2/ As Jay Powell said: "So the things we are doing now are substantially larger."
3/ Yet in terms of growth the Fed balance sheet "only" expanded 66% this year.
The #Fed Playbook
May 08, 2020
1/ For now the Fed balance sheet is growing at a much more standard #QE pace.
Still we are closing in on US$ 7 Trillion...
May 08, 2020
1/ For now the Fed balance sheet is growing at a much more standard #QE pace.
Still we are closing in on US$ 7 Trillion...
2/ This is the same pattern as 2008. It starts with a strong intervention and that levels off for a while...
3/ But after the first burst don't forget that there was 7 years of #QE. For now the Fed balance sheet is only up 50%... in 2008 it grew 400%...
I just published Announcing Strike by Zap
Our biggest product yet, built on top of Olympus.
What if you could pay a Lightning invoice with your debit card? What if your bank account could speak Bitcoin?
Welcome, @ln_strike 🚀🔥😃
link.medium.com/AEgao2OYF3
Our biggest product yet, built on top of Olympus.
What if you could pay a Lightning invoice with your debit card? What if your bank account could speak Bitcoin?
Welcome, @ln_strike 🚀🔥😃
link.medium.com/AEgao2OYF3
Here is the view from my iPhone, screen recorded as I make a Lightning payment to @fold_app with USD
@ln_strike allows your bank account to speak Bitcoin, the QR codes you scan are entirely up to you.
You can make a payment to a service, or a payment to your own wallet and #stacksats 🚀🥳
You can make a payment to a service, or a payment to your own wallet and #stacksats 🚀🥳
1/The Art of the HODL
Hodling bitcoins is a psychological endurance trial. A seemingly endless march through despair, longing punctuated by moments of euphoria and glory.
Hodling bitcoins is a psychological endurance trial. A seemingly endless march through despair, longing punctuated by moments of euphoria and glory.
2/Bitcoin elicits a strange concoction of voluntary painful decisions and actions. The simplest is HODLing through stomach churning drops, grinding bear markets and an endless stream of FUD.
3/Hodlers seek hopium in memes.
So you’re smart enough to know not to trade bitcoin, you #stacksats, but you’re still considering a little dabble “in this next cycle.” Maybe sell 5-10% of your stash near the top, wait for the absurd Mayer Multiple, then buy back in and have more sats!
I wouldn’t, here’s why:
I wouldn’t, here’s why:
Let’s look at something resembling a best case scenario. You have 10 BTC, you decide to sell 10% right at the $250k top. You take you’re $250k and buy back in at $50k getting 5 BTC. Now you have 14, you’re a genius! Hyperbitcoinization here we come.
But wait, you triggered a capital gains event (hopefully long term) and 25% or $62.5k (at least) is gone. You still buy 3.75 BTC, 2.75 more than you had. This is probably the best case scenario. There are many ways it can go wrong.
Now anyone can buy $42 or even $1 worth of Berkshire Hathaway A ($BRK.A, or $TSLA or $SFIX or…) instantly and for free right in @CashApp. Really proud of the team for making buying stocks and building wealth accessible to more people. Rolling out now! 👋🏼 @WarrenBuffett!
New to buying stocks? cash.app/stocks
Not into stocks? #stacksats!
A guide on how to best stack Sats in Europe
(as easy and private as possible)
(as easy and private as possible)
1/ It should be clear by now that #stackingsats and HODLing Bitcoin is the way to go. Especially after the @TFTC21 episode with @american_hodl.
This is a step by step guide on how to best #stacksats with @GetBittr. (Europe)
This is a step by step guide on how to best #stacksats with @GetBittr. (Europe)
2/ First you will need to create a completely new wallet. Do *not* use any other old or already used wallet, since that would damage your privacy. Use this new wallet for @GetBittr *only*.
1/ Putting Bitcoin into the hands of kids has always been a huge goal of mine.
2 of my 4 kids are Bitcoiners.
Anyone who hangs out with 12 year olds & up knows that they know a lot more about $ than most of us assume.
Many of them already earn, save & lend.
#satsforstudents
2 of my 4 kids are Bitcoiners.
Anyone who hangs out with 12 year olds & up knows that they know a lot more about $ than most of us assume.
Many of them already earn, save & lend.
#satsforstudents
2/ To 12ylds & 16ylds alike, Bitcoin is no more complicated to learn than our current archaic financial system.
'QT' is not easier to grasp than 'fixed supply'.
Knowledge of 'credit card charge backs' & 'pending transactions' is not something you're born with.
#satsforstudents
'QT' is not easier to grasp than 'fixed supply'.
Knowledge of 'credit card charge backs' & 'pending transactions' is not something you're born with.
#satsforstudents
3/ To that end, we are designing a full student program at #MassiveAdoption - to allow young people, mostly from underprivileged backgrounds, to not only learn about Bitcoin, blockchains & digital assets, but to receive some BTC sats to start on the BTC path.
#satsforstudents
#satsforstudents
Announcing new speakers for #MassiveAdoption (Memphis,TN on November 7-8, 2000 attendees) and re-announcing speakers previously confirmed in an effort to build a single comprehensive thread. We're currently at about 50% of our roster.
👇🏽👇🏽
👇🏽👇🏽
#MassiveAdoption is the first event focused on onboarding curious professionals into the world of blockchains & digital assets, including Bitcoin.
We do this through TEDx-style talks, workshops & real interactive crypto experiences with 🔥 partners.
And whiskey, music & BBQ.
We do this through TEDx-style talks, workshops & real interactive crypto experiences with 🔥 partners.
And whiskey, music & BBQ.
Just today, @YahooFinance wrote that the average Bitcoin holder in America is older, a parent & more conservative (in many regards) than many of us had imagined.
They can also #stacksats at @Safeway (thanks @trylolli 🍭)
This is who #MassiveAdoption speaks to.
They can also #stacksats at @Safeway (thanks @trylolli 🍭)
This is who #MassiveAdoption speaks to.
