Damus

Recent Notes

nobody profile picture
It’s a shame to see the hype about brc20. Yet again ‘get rich quick folks’ will ape in and 99% of them will loose their shirt. I’ve heard the argument it’s good for bitcoin as it’s bringing new people to the network, but for me it trivialises it. It’s taking one of the most beautiful technologies ever created (actually the most beautiful) and reducing it usage to the lowest common denominator. They say the market decides and I’ve no doubt that like nfts before brc20, all of this nonsense will be washed away like the flotsam that it is, but it will further reinforce the opinions of some that bitcoin is not a serious alternative to the current fiat chaos.
🤙1
Begemot · 157w
My mining stocks are up 200% but I got in at the bottom a few months ago. Still, I think your strategy would work as this doesn't appear to be priced in yet. Might not stay that way for long though.
nobody profile picture
Mine are down about 70% still. As can’t invest pension in bitcoin in UK, mining stonks were only option. Transferred everything at absolute peak in Nov ‘21 🤣. Some are coming back better than others and wish I’d avoided a couple of them. In time I recon most will be back. They do trade with extreme volatility - someone described it like bitcoin with 10x leverage which seems about right. So far the increase in fees has had no positive effect. My portfolio was down an average of 9% on the day yesterday so do watch out for that.
🤙1
ck · 159w
Atlanta’s TSA/security line is the worst I have ever seen and I have used LAX many times.