SpyMasterTrades

Happy to see #Nostr growing so fast. The annualized growth rate of daily active users is approaching 160%.

Here's my video on Bitcoin's Power Law Corridor for those who haven't yet seen it, and who would like to watch. In this video, I explain how Bitcoin's price action appears as a straight line when you logarithmically scale time and price, but I note that Bitcoin's growth may become hyperbolic during the fiat hyperinflation stage. I also explain why #Bitcoin is becoming the new unit of account and global risk-free asset. Bitcoin is far more efficient than gold at serving as a monetary base. Those who accumulate gold rather than Bitcoin will likely come to regret their decision over the long term as the chart clearly shows the price time series of gold decaying against that of Bitcoin. Many proponents of gold argue that it is inherently more valuable than Bitcoin because of its physicality. However, in the years and decades ahead, physical and digital existences will increasingly become intertwined. Additionally, technology (such as nuclear fusion) will eventually make gold production increasingly cost-effective and render it susceptible to dilution. Whereas Bitcoin's supply is immune from this eventual problem. However, technological advancement will not stop at Bitcoin. My latest chart research finds that other cryptocurrencies, including #Ether, #Chainlink, #Solana, #Aave, #Polygon, and more recently, #Kaspa, are gaining cryptocurrency market share over #BTC, reflecting their tendency to strongly compete with Bitcoin over the long term. Some of the charts I have seen are truthfully quite mind-blowing. Blockchain and similar technologies are not just solving a monetary problem, these technologies are solving a human governance problem. In so much as these technologies decentralize money, they decentralize power. Consequently, these technologies will be increasingly challenged by centralized authorities. #BTCUSD / #Nostr / #Plebs / #trading / #cryptocurrency / #investing / #fintwit / #KASUSD / #ETHUSD / #AAVEUSD / #LINKUSD / #POL / #MATIC / #MATICUSD / #Sats / #Satoshi / #Decentralized / #LINK / #SOL

Reverse #Repos just hit a new multi-year low. They're now back down to June 2021 levels. The clock is ticking for the #Fed to pivot. #FederalReserve / #FOMC / #Pivot / #MonetaryPolicy / #RRPs

The top 10% of US households own over 90% of all financial assets. This will change once laborers begin to demand their wages to be paid in #Bitcoin. #BTC / #Nostr / #Plebs

Vanguard will not offer its investors the option to invest in a #Bitcoin spot ETF because it wants to maintain the dying #fiat system. #BTC / #BitcoinETF / #Vanguard / #SpotETF / #BTCUSD

This chart shows the dividend-adjusted value of SPY with monetary easing removed. The real stock market performance has only now finally recovered from the 2020 market crash. #SPY / #SP500 / #Trading / #Investing

#Uranium continues to break out of a log-scale #bull flag pattern on its quarterly chart. By moving from below its EMA ribbon to above, and by confirming that the ribbon has flipped to support, a major trend change has occurred on the highest timeframes. A trend change on this timeframe represents a new supercycle. Similar charts are appearing across the commodity sector, particularly when we measure commodity prices against the money supply. As such, these charts are an inflation warning. From here on out monetary easing will be met with increased #inflation.

Ironically, Bitcoin's market dominance fell sharply when the spot ETF was approved. This means that the approval was actually more bullish for the market cap of other crypto, collectively, than it was for Bitcoin. This may be due to the anticipation that the SEC will soon approve other crypto spot ETFs. #BTC / #ETF / #Spot / #Bitcoin / #ETH / #SOL / #MATIC / #POL / #LINK / #BNB / #SEC

The #Fed is now providing banks free 'money' on top of free 'money'... #BTFP / #FederalReserve / #banks / #banking / #bankruns / #FOMC / #Fiat / #Bitcoin

Banks are now gaming the Federal Reserve's bank term funding program. This borrowing in turn increases the new fiat currency creation. This is yet another example of how the #Fed throws a lifeline to Wall Street banks at the expense of Main Street paying for higher inflation. Link to WSJ article: https://www.wsj.com/finance/banking/the-fed-launched-a-bank-rescue-program-last-year-now-banks-are-gaming-it-43e9cee3 #Banks / #Insolvent / #BankingCrisis / #BankRuns / #Bitcoin / #BTC