Morpheus

cyberhornet collector.

Public Key

npub1jzjh6uclpr4stsgh9257rcztfm7kwsty8lsxr2gxangscmwu3f9q545ntu

Profile Code

nprofile1qqsfpftawv0s36c9cytj420pup95alt8g9jrlcrp4yrwe5gvdhwg5js0254s4

Author Public Key

npub1jzjh6uclpr4stsgh9257rcztfm7kwsty8lsxr2gxangscmwu3f9q545ntu

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Last Notes

2024-09-06 22:33:07

Making the big move to leave NOSTR!!
Time to leave all the fiat junkies pretending to like BTC on here!
Don't forget to get depressed when the price is down, and be sure to console and zap each other, hoping for better days when you can dump it for profit and buy your normie toys with the fiat!

2024-09-06 19:27:13

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this post and all the replies and likes...holy fuck.

2024-08-20 23:00:37

Rule changes suck. It is especially bad when it is an investment you own. If you own something where the terms can change either by internal or external force at any time now or in the future, you run a big risk.
All my life and I am sure others have been affected by rule changes.
Maybe it was the game that nerfed your favorite character or that membership that changed its policy. A new TOS rolled out encroaching on your personal privacy.
The reason why I moved everything to BTC is that I know it will never change on me. The rules, like the number of BTC that will be created are known and will never change. I feel a peace of mind knowing I own something with this special resistance to change.
Hearing about a unrealized cap gain tax for the ultra-wealthy makes me think that someday they may will create a confiscatory rule for the masses, giving BTC ever more importance.

2024-08-20 21:00:37

Wish more people would understand that they don't have an edge (including me), and are best off DCA'ing BTC for the foreseeable future. Would not only save in money but would also help their mental health too.

2024-08-20 04:05:02

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I like a bitcoin only focused social media I don't think there is anything like it anywhere.

2024-08-19 22:24:59

Whenever I see people sad or frustrated with BTC or crypto I wonder if they were even around a year ago. One year ago we had the same thing happen: chop from around Mar-April and a pump in Oct.
Still one month out from another pump and you have time to grab cheap BTC until then.
https://m.primal.net/KFAf.png

2024-08-19 02:27:39

Have a strong feeling this was my last DCA under 60k.

2024-08-12 01:22:26

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I like ranting into the void

2024-08-12 01:11:44

Every time I hear of a company buying BTC I always think that it might one day turn into a forced seller during bad times. Maybe it will save their company but only if they unwind it possibly at terrible price too.
I feel like this especially happens with BTC miners. They mine and hoard BTC, but when the price is below cost of operations which happens at least one or twice per cycle, they turn into forced market sellers dumping sometimes at worst moments.

2024-08-09 22:36:36

Think I will post here because you can't type out anything of length on shitter:
Most people have no clue of market structure. They have never seen TA or any kind of financial models. Their only time seeing historical price structure is on a user friendly app or yahoo finance line chart. They have no idea of fundamentals and ranges. They can conjure grandiose ideas that an asset could hit crazy high or could "go to zero." You see it all the time even with people like Saylor. They have no experience seeing bitcoin charts. At anytime it could jump or dump. it is a window into their shallow understanding.
Its an old byproduct of interpreting the world with incomplete information. In the past there was no readily available information for most decisions people had to make. What they had to do was use their gut feelings, or some crude logic to just make the best choice possible. This low-information mindset is still strong with pre internet people. This has a huge effect on their ability to judge assets. They either rely on authority figures or established
narratives to guide them.
This is why there are so many assets. Almost all of them are dogshit and shouldn't exist because of their awful yields, but they do because we still exist in a majority population thinking that anything could happen and anything could reprice way greater.

2024-08-09 19:26:30

It's weird how many gaps of knowledge there are and inefficiencies in investing. It's the one area rife with delusion and conjecture. Hearing people yap about investing in properties with all of its downsides or holding silver and still losing to inflation is so weird.
Trillions of dollars in assets held in subjective beliefs and hopes never even knowing or wanting to acknowledge a superior asset because of a psychological anchoring to past narratives.

2024-08-01 21:15:38

Posting here feel like dead internet theory in a way. On twitter I can get attention even when almost nobody follows me if I post good stuff. On here I feel like you till never gain attention unless you type in dumb normie cattle NPC prompts. 1 BTC=1 BTC! Get your BTC off exchanges ppl! GM time to stack some stats! Everything is starting to sound like those XRP and ADA cults.

2024-07-29 20:31:22

The country mass-auctioning off land to CCP shell companies, aiding and abetting millions of illegals, is going to adopt a BTC national reserve for OUR national interests! #Softwar! #BTC

2024-07-29 20:09:29

The US govt BTC selloff is the final boss of FUD. After this there is no more narrative obstacles in the way other than the occasional macro economy FUD.

2024-07-29 18:58:30

I don't think the US govt will ever make a BTC reserve or care much about it unless they are incentivized to so. It strongly implies the govt is thinking about its people and the best interests of them and not just about getting paid.
The US govt is a business, and not actively making the best decisions for its people. It makes options that make it the most money in the short term which is way they are dumping their BTC even during an election.
Its full of people who know they are just going to die, and that no matter what they do life will go on regardless, so they orientate policy to benefit them: eventual death is a stronger force than making a legacy that may or may not even be respected.
If it was, than it wouldn't be selling mass amounts of land to the Chinese, or building an app to help illegal immigrants exploit the system.
At some point the country was sold off just like a popular content creator whose channel changed, or the time the praetorian guard auctioned off the role of emperor of Rome.
BTC doesn't have a strong force to lobby (pay) govt officials to steer things in their favor yet. Once the geriatrics hear you will give them money for their beachfront home, or a new boat will they consider anything.
Even if someday they do enact some sort of BTC reserve, they won't even read the bill they passed they will just be told by their aides that the guy who paid for your jet is behind this so vote "yea" this afternoon.
They. Don't. Care.

2024-07-25 22:25:01

For the first time in human history you can take full ownership of a financial protocol. You can take part in every aspect, from mining to running a node, to hosting your own private wallet.
In the past you had no choice but to delegate responsibility, and to pay someone else:
some of the earliest forms of writing we have found dealt with money and trade. Goods and debts were written down, and dealt with by a centralized entity at the time.
They used their capital to make an infrastructure overall conducive to them and them only. They took advantage of humans inability to communicate at distance and profited massively, sometimes charging exuberant fees to send money (Western Union at one point charged $25 just to send cash in 2005.)
The remittances market is nearly a trillion dollars and still growing.
Its money ultimately siphoned off by hardworking people just to do something that tech innovations have solved.
We now have a way to completely detach from that system with BTC. Send the global remittances market pilfering some of the hardest working time and energy to 0.

2024-07-24 20:45:49

More elaboration on paypal and BTC: paypal is a financial protocol in which the user can use its platform to transact but is not involved in with its ownership. To use paypal is merely to give your fiat to an intermediary that benefits from its established tech structure.
The common individual never had its own sovereign communication system for vast distances until recently.
Empires and private banking cartels like the Medici family used their infrastructure to reap great fortunes from this communication system. Those who used its services never got to be involved in its ownership, only to be a customer.
Now that long-distance communication has been solved through digitization, I am so thankful that a system came into fruition to bring this gate-kept system to the masses. BTC is a real system for the people without intermediaries. A system that someone can own and participate in.
You can now be owner of an inca road, a western union, a paypal for the sovereign individual for the first time in human history.

2024-07-24 20:22:53

BTC doesn't have supply chain issues. BTC doesn't care if it is banned or regulated. (BTC miners in China moved to the US and were back up and running in just a few weeks). BTC is like paypal, if paypal also used its stock shares as its currency, but instead of being controlled by few it can be participated in by all. Anyone can buy participation into the BTC protocol.

2024-07-24 20:11:29

Don't think I can ever invest in stocks ever again. Been out of them for awhile and purely into BTC and glad I did.
Stocks just have too many dependencies...too many weak points.
Hyper dependent on the economy, supply chains, diplomacy and trade regulations...so much can go wrong to effect the company you are invested in.

2024-07-21 21:59:40

Problem with trading is you have to trade twice. You have to sell and hope that was the top, then buy back in and hope that was the bottom. Even doing one of those is hard, and studies show most can't do it successfully long-term.
Every story you heard of a person getting stupid rich is the guy who found a wallet on a old HD and not too many stories of some guy sweating it out daytrading btc from the past.

2024-07-20 22:23:25

Imagine the Trump pump that the stock market underwent in 2016, but now with bitcoin and eventually fed interest rate cuts.

2024-07-20 00:12:39

Wondering why after now 6 20%+ corrections this cycle that this latest one was the loudest most fear-induced one I have ever seen. I think getting paid to post on twitter really fucked up everything on that platform.

2024-07-19 21:35:48

I want to try fold, but I gotta provide my SS, ID, and a full face scan proof-of-life with the current newspaper who the fuck get newspapers anymore.

2024-07-19 21:01:35

Decided to withdraw my btc to cold storage that I had on @npub1ex7…vyt9. Had to pay $7.99 to do it for some reason. I also withdrew roughly the same amount I had also on paypal and it cost me only 75 cents to move it to cold storage. How is paypal better for btc buying and moving than strike?

2024-06-24 22:42:35

Phases of a bull market correction:
Phase 1: (5-10% off the top): Still widely bullish. Speculation on what could cause the dump that stopped the momentum. Bears come out of hibernation.
Phase 2: (10-20%) Bullishness still around for most, constant calls for reversals that never happen. Bears start prolifically posting and going viral. Bearishness now taking over the entire timeline. Main characters become punching bags and hyper-criticized.
Phase 3: (20-30%+) Bulls barely tweeting. Timeline filled with the market psych chart. Many have gone quiet. Calls for giant crashes that never happen. FUD about exchanges and other wild rumors rampant that would never gain traction in other times. Bears posting PnL and wild leverage calling themselves gods. The bottom is in and the MM's push the price 90% higher within 2 months.

2024-06-13 22:04:28

Bears fill my timeline on bird app.
Market psychology and Doomposting squiggly line charts to 44k on light mode.
All while only being 8% off the all-time-high, with nearly 2billion in leveraged short positions built up. Hmmmmm

2024-06-13 17:24:26

https://m.primal.net/IjVn.png
Mass bobo extinction event coming?

2024-06-09 16:38:25

https://m.primal.net/IecS.png
Interesting that previous mid bull runs have this period in the past (Jul-Aug) where the market slows and go sideways before continuation. In this environment bitcoiners always have the best mindsets for these times, and other times, which is to stack sats and chill knowing you are in the best asset.
Over in the shitcoin arena on the other hand is a mess. Anger and pessimism, frequent arguments and "main characters" becoming villans. A toxic environment for toxic assets. A reflection overall of the outcomes of zero-sum games where the majority lose.

2024-05-03 22:28:07

https://m.primal.net/ICtp.png
One day bitcoin left the ability to be bought for under 60k, forever...

2024-05-03 20:09:40

https://m.primal.net/ICrl.png
Next level peak might be around 100k+ before July if this was the bottom. Check the previous chart and see that red dot also points to around that time for 100k.🤑

2024-05-02 15:31:34

One day you and your childhood friends played together for the last time and nobody realized it.
One day, the price of BTC crossed 10,20,30,40,50k and never became available again...each time during a period where almost nobody assumes it will be the last time to buy.

2024-05-02 15:21:26

Used to despise bears, but I realize now they have been helping me collect some cheap sats recently. Unfortunately misunderstanding of this asset leads to a big wealth transfer. Wealth will flow from the misinformed to the informed.

2024-05-01 22:24:26

https://m.primal.net/ICGW.jpg
They panic sold an asset with 40% CAGR for FIAT to me today. Again.

2024-05-01 21:34:35

https://m.primal.net/ICFi.png
Every time BTC number-go-down for too long, I turn into this guy after reading too many bear posts on the timeline.

2024-05-01 18:45:55

https://m.primal.net/ICDl.png
Just as the number of bitcoin created is known well into the future by its principals, so can be seen its growth as a network and thus price. Understand the beauty of this growing network. As you align with the understanding of its ultimate path you will prosper.

2024-05-01 18:30:08

https://m.primal.net/ICDa.png
The markets job is to transfer value from the lower to the higher conviction holders, from the uninformed to the informed. Seize its opportunities and the use the short-term manipulation of price to your advantage.

2024-05-01 17:13:18

https://m.primal.net/ICCG.png
Big draw downs make fond little email snapshots to look back upon. Today for me feels like one of those days. The more time passes, the memory of this being exchange insolvency FUD, the panic, the calls for 12k, 5k....all fade to the realization that it was a great time to click that green button. Hit that buy button on one of those days. On a long enough time horizon, nobody has ever regretted such a thing...but many have wished.

2024-04-30 21:45:54

https://m.primal.net/IBnr.png
Who knows how accurate this will turn out to be, but something I stumbled across and tried to share privately with no response, so I guess I'll share it to the void: mining costs according to this graph is around the 100k mark! In the past bull markets the price of BTC reaches 0.4-to 0.5 of this mining cost. So if this price range stays around where it is, the price of BTC will peak around 200k.

2024-04-30 21:20:16

I think that BTC transactions on-chain getting expensive is good overall. If you ever witnessed other crypto chains getting spammed, it can render the chain almost dysfunctional. When the cost is cheap, value games can be played with almost no punishment. Conversely, when there is a heavy cost, value games are short lived and dissipate quicker because it is not +EV to continue speculations long term. The chain can be rented out to whomever, but will eventually always resettle to its appropriate cost of value transfer.