@fillippone
Merit Rascal -PlanB Zealot
No relay list published yet.
Recent Notes
The level of Bitcoin debate is another level compared to shitcoins, where rug pulls are the core of most discussions.
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How dare you! 
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I’m bullish on #Bitcoin, but I don’t think it’s going to hit $1 million in the next 90 days.
Only Weimar style inflation could do that!
https://twitter.com/adamscochran/status/1637222276448899072?s=46&t=ybCp3ydjDJA_wR_uVxrEgA
https://twitter.com/adamscochran/status/1637222276448899072?s=46&t=ybCp3ydjDJA_wR_uVxrEgA
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No, I don't need on/off ramps. I need people who want bitcoin and are offering their products and services in btc: houses, cars, yachts, bikes, hotels, airplane tickets, restaurants, supermarkets, com...
Don’t forget people offering work against bitcoin. The most undervalued way of acquiring sats.
In che senso? L'hai appena taggata. Questa è la sua chiave pubblica npub1yrvghtsv8rnyquneu65rx59fx8n3fuqntcqnaf9pk98ex6mlat2sjk8nmj
Oltre alla @nostrich , che è su NOSRT, quali altri Bitcoin Italian demigods che insegnano in quel corso sono su NOSTR? @alekos?
That’s what backwardation means in trader jargon.
Backwardation/contato refer to shape in the future curve across the various expiries. Funding rate has nothing to do with that at a conceptual leve (it might be correlated thou)
#Bitcoin demand from calendar futures dropped off a cliff (this tends to reflect sentiment from pro and institutional traders). Contango went into backwardation at levels akin to what we had at our $1...
Add negative funding rate to the situation: brace yourself.
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Su bitcointalk.org parliamo di BitGeneration, l’ottima iniziativa di divulgazione Bitcoin a cura dei ragazzi di BitPoliTo. Tra i docenti del corso, totalmente gratuito e disponibile online, #[0] ...
Let’s not forget about @nostrich ! Who else hangs here on Nostr?
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Su bitcointalk.org parliamo di BitGeneration, l’ottima iniziativa di divulgazione Bitcoin a cura dei ragazzi di BitPoliTo. Tra i docenti del corso, totalmente gratuito e disponibile online, @nostrich ed altri bitcoiner italiani.
https://bitcointalk.org/index.php?topic=5444485.msg61893850#msg61893850
https://bitcointalk.org/index.php?topic=5444485.msg61893850#msg61893850
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The U.S. Now Has:
1. Record $16.5 trillion in household debt
2. Record $11.9 trillion in mortgages
3. Record $1.6 trillion in auto loans
4. Record $986 billion in credit card debt
Total mortgage debt is now more than double the 2006 peak.
Meanwhile, 36% of Americans have more credit card debt than savings with balances rising at the fastest pace since 1999.
This is all while mortgage rates just hit 7.1% and credit card debt rates hit a record 24.9%.
We are "fighting" inflation with debt.
This can't end well.
Source:
https://twitter.com/kobeissiletter/status/1632408557101432833?s=46&t=ybCp3ydjDJA_wR_uVxrEgA
1. Record $16.5 trillion in household debt
2. Record $11.9 trillion in mortgages
3. Record $1.6 trillion in auto loans
4. Record $986 billion in credit card debt
Total mortgage debt is now more than double the 2006 peak.
Meanwhile, 36% of Americans have more credit card debt than savings with balances rising at the fastest pace since 1999.
This is all while mortgage rates just hit 7.1% and credit card debt rates hit a record 24.9%.
We are "fighting" inflation with debt.
This can't end well.
Source:
https://twitter.com/kobeissiletter/status/1632408557101432833?s=46&t=ybCp3ydjDJA_wR_uVxrEgA
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If bitcoin price jumped from $0 to $20k during 1% adoption .. then what will further adoption from 1% to 50% do with bitcoin price?
https://i.giphy.com/media/XHTuwW3v4O8NLAek2T/giphy.gif
Funny that Stock to Flow is suppy only, while this post is about demand only!