Johan

substack.thefirstbastion.com

#Bitcoin | The First Bastion

Public Key

npub1a4sd4cprrucfkvkfq9zs99ur4xe7lxw3uhhgvuzx6nqxhnpa2yyqlsa26u

NIP-05 Address

Johan@nostryfied.online

NIP-57 Address

glaringshare71@walletofsatoshi.com

Profile Code

nprofile1qqsw6cx6uq337vymxtysz3gzj7p6nvl0n8g7tm5xwprdfsrtes74zzq9ul2xy

Author Public Key

npub1a4sd4cprrucfkvkfq9zs99ur4xe7lxw3uhhgvuzx6nqxhnpa2yyqlsa26u

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Last Notes

2024-09-11 19:09:12

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iOS, newest version,
yesterday Primal wasn’t working good. Was frozen at a specific note, didn’t refresh.
I tried switching to from ‘Latest’ notes to ‘Trending 24h’ notes.
But didn’t help either.

2024-09-09 06:20:53

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Hi there 👋🏼

2024-09-02 11:04:11

This is what Arthur Hayes is talking about. US01M (Light Blue) is below RRP rate (Orange) in preparation for rate cute coming.
Money flows into RRP. This is negative for US Liquidity and thus (conform the 'Liquidity Theory') negative for liquidity sensitive assets, like #bitcoin.
https://m.primal.net/KaPL.png

2024-09-02 09:40:59

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This is insane 💜

2024-09-01 08:15:34

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GM Nic

2024-09-01 08:07:30

GM #nostr ‘iches

2024-09-01 07:22:43

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GM Matthew ☀️

2024-08-31 17:40:20

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You’re not nuts.
The world is going nuts…

2024-08-30 08:56:26

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I see (at least) two issues:
1. The presence of a TV.
2. The lack of books.

2024-08-29 11:14:31

Looks like $RIOT and $CLSK are running a tight operation. They still need a higher hash price to make a profit when you include general costs.
They need (and/or):
- Higher BTC/USD price
- Higher transaction fees
- Lower difficulty
https://m.primal.net/KTVr.jpg

2024-08-29 06:25:54

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Hang in there

2024-08-28 18:05:29

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Some wise man wrote about the Laffercurve a few weeks ago 😉

2024-08-28 07:58:48

Is there a way to write articles on NOSTR. And ideally with images, so you can write a paragraph, put in an image and continue writing the article? #nostr

2024-08-27 12:50:25

I’m going through some 10-Q filings of public mining companies and will update with my findings. Here are some initial observations:
• $CLSK Cleanspark originally had their depreciation period set at 5 years but revised it to 3 years, resulting in an impairment expense on fixed assets of $189 million, which is about 50% of their yearly revenue.
• $RIOT Riot Platforms extended their depreciation period from 2 years to 3 years, which provided some relief in their results.
• The mining operations of CLSK result in a total cost per BTC of $69,617
• The total company operates at a cost of $80,840 per BTC. This excludes the impairment expense on their S19 machines, which will be replaced by the end of 2024.
https://m.primal.net/KPhD.png
https://m.primal.net/KPhE.png

2024-08-27 10:57:56

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Hi Johan! I’ve experienced that I couldn’t sent DM’s on Damus but I could on Primal.

2024-08-27 10:14:04

Former Dutch Central Bank Executive is absolutely spot on:
''The real problem is the intertwining of the government with (large) corporations and NGOs (activist groups). The Netherlands is a corporatist welfare state. Worth mentioning in this regard is also the politicization of science and the considerable one-sidedness of the traditional press (including government initiatives to tackle 'disinformation')."
https://x.com/lexhoogduin/status/1828359512580891088

2024-08-26 12:53:29

$SMLR is one of the companies I closely watch. They’ve added another 83 bitcoin to their balance sheet. Bought with available cash and partly through a at-the-market equity program.
They have 1,012 BTC at the moment. Sats per Share is at 14,186 and the dollar value is $8.57, which is almost 30% of their share price.
https://www.prnewswire.com/news-releases/semler-scientific-announces-additional-bitcoin-purchases-302230158.html https://image.nostr.build/63488c857f12e36a7461658cb5ea0136755f32f61da5eae37fa726721fc95435.jpg

2024-08-26 09:40:32

I'm thinking about changing strategy. Still have to find out if it works well enough at this point. But new strategy is posting all content on #NOSTR. And share the link of the note in other social platforms. This way people need to engage with NOSTR for checking out the content.
But still sharing notes (with primal so everybody can check it out in their browser without being logged in) because to little people know about NOSTR yet.

2024-08-26 09:32:23

This chart is wild. This is the 1 month change in Long Term Holders Realized Cap expressed in USD.
It's because of a lot of coins moved towards ETF custodian wallets 5 months ago. Those coins are now maturing from STH to LTH coins. Those coins have an USD value of almost 70 billion dollars.
h/t @npub1jag…3v44 https://image.nostr.build/a2f1a462fdff7c91cad635da15d1bc18a11290fe1e1ffaf450dee275d1354de6.jpg

2024-08-25 20:03:45

@npub1fn2…edt9 followed ✅

2024-08-23 16:47:57

GM @npub180c…h6w6

2024-08-20 08:28:48

Can someone help a brother out with @npub1get…0nfm invite code for a new account? Would be appreciated!

2024-08-19 20:40:38

@npub1k7v…c04l is becoming a real NOSTRich 👀

2024-07-31 16:28:40

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Lopp becomes Legg 🏋️

2023-02-16 09:05:52