Narwhal Tacos

We’re losing. Bitcoin is out of our control, pleb-cycles are broken, even if it the Institutions haven’t $58k’d it yet. There is no “rally the troops” because plebs don’t matter in the markets any longer. We’re just guys discussing news on social media now. That Bitcoin roller-coaster meme - that’s us now. We’re just along for the ride. The Institutions control our future, and we can do nothing about it, except to hope Bitcoin was built to endure this. Even fucking Quantum fud is back. Jeezus. This is why OG’s have been selling. They understood - and had incentive to cash out - on recognizing the change of Scale that would come at Institutional market-cap levels. So they moved to El Salvador and traded BTC for real estate. As all early adopters do. The Kaiser’s of the world knew you might front-run the Banks, once, but you can never out-smart them in a head-to-head game. View quoted note →

Goddamit, take my sats… View quoted note →

10% up move incoming this week. Fuck Hollywood’s Grinch marketing.

From Redditor Apprehensive_Shoe_86, a brilliant summation of why the Keisers of the world have fled to non-taxation areas to dump their BTC for real estate and lambos: “IF I PUT $100 IN BITCOIN IN 2010 I’D HAVE $2.8B NOW.” No. If you bought $100 of Bitcoin in 2010 and watched it go to: $1k → $100k → $1.7M and did nothing Then watched $1.7M go to $170k and still did nothing Then watched $170k go to $110M and still did nothing Then watched $110M wither to $18M and still did nothing Then watched $18M surge to $390M and still did nothing Then watched $390M deteriorate to $85M Then watched $85M climb to $1.6B and still did nothing Then watched $1.6B shrink to $390M and still did nothing Then watched $390M surge to $2.8B and then for some reason finally decided to do something… Then yes, $100 in 2010 would be worth $2.8B today.

Volume has been abysmal this year compared to last year. Yes, selling has been heavier than buying this year, but the massive Institutional buying from last year has largely been hodled. And continued selling into ATH breaks is signature Institutional manipulation. Expect more of the same until something breaks, but then Bitcoin will break to the upside, because that’s where the greatest pain lies. 2026 should be about stumbling something “too big to fail”.

The Long Dark Night of the Soul Is a poetic reference to a well-understood period in personal spiritual development, and by extension, the development of all things Humans do. There is an inertial energy that propels all Movements forward, but there is always an ever increasing point of falter and failure. Because we are spiritual beings existing in a world of quantity. The effect of this phase or interval-period in the Law is to “shake-off” all that which is not absolute essential to the entity in Movement forward. To divest and thus prepare that which is in Movement for it’s forward completion. Because what has been accumulated in the initial “exciting” stages of any real Movement always gathers detritus. Regardless, the Law is the Law. Yet to quit seeming to bullshit and speak plainly to what I believe needs to be said about Bitcoin: So it is in the development of any and every Thing which Intentionally wishes to ascend, there will be a periodicity or interval where the intended goal is as far away as the place where everything started - and as such the energy the Movement started with becomes expended, and fails to find any further energetic “reason” to continue. This is the Long Dark Night of the Soul. This is the test of the Worth of the journey. If we understood this in our lives, we would recognize it again and again…and recognize that We fail, we give up, again and again. And that’s ok. We were created to test and fail again and again. If we could see this, then all that I’m saying would go without saying…. It’s normal, unavoidable, that we start things, then lose the energy to complete them. We all experience this, so we need to understand that other people experience this as well - even in the things WE believe are so important we wish to embrace and embody them. Even new things that are groundbreaking for the Human race. By nature or intention, everything that matters is an excitement, and then a slog. The slog is necessary to test our dedication and our certainty. It’s a positive thing to see that test happening in others outside ourselves.

Are we still arguing that Bitcoin needs “more use cases”? Let it go already. View quoted note →