Timothy Peterson (@nsquarebvalue) 's Twitter Profile
Timothy Peterson

@nsquarebvalue

Bitcoin Pathfinder | Network Economist Author of "Metcalfe's Law as a Model for #Bitcoin's ฿ Value" & "The Debauchery of Currency: a Bloody History of #Money"

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linkhttp://papers.ssrn.com/sol3/cf_dev/Ab calendar_today05-05-2010 08:16:22

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#bitcoin is the first money that requires no physical space to store it, no courier to carry it, no bookkeeper to count it, no auditor to check on it, no security guard to protect it, and no government to issue it.

#bitcoin is the first money that requires no physical space to store it, no courier to carry it, no bookkeeper to count it, no auditor to check on it, no security guard to protect it,  and no government to issue it.
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Three things that could prevent a new Bitcoin ATH. Thing 1: Continued poor or declining sentiment. UMich consumer sentiment survey is bad trending worse; AAII investor sentiment is 20% bullish, 60% bearish, a huge gap, and also trending worse. NAAIM Equity Exposure index is a

Three things that could prevent a new Bitcoin ATH.

Thing 1:  Continued poor or declining sentiment.  UMich consumer sentiment survey is bad trending worse; AAII investor sentiment is 20% bullish, 60% bearish, a huge gap, and also trending worse. NAAIM Equity Exposure index is a
Timothy Peterson (@nsquaredvalue) 's Twitter Profile Photo

Three things that could prevent a new Bitcoin ATH. Thing 2: The Fed. The market has already priced in approximately three rate cuts for the remainder of 2025, a key assumption embedded in current asset valuations—including Bitcoin. Risk assets have rallied on the expectation

Three things that could prevent a new Bitcoin ATH.

Thing 2:  The Fed.  The market has already priced in approximately three rate cuts for the remainder of 2025, a key assumption embedded in current asset valuations—including Bitcoin. Risk assets have rallied on the expectation
Timothy Peterson (@nsquaredvalue) 's Twitter Profile Photo

Three things that could prevent a new Bitcoin ATH. Thing 3: Event Risk. Event risk refers to unforeseen macro-level shocks that, by definition, cannot be predicted in timing or magnitude, yet can cause sudden, severe disruption to financial markets. For Bitcoin, these risks

Three things that could prevent a new Bitcoin ATH.

Thing 3:  Event Risk.  Event risk refers to unforeseen macro-level shocks that, by definition, cannot be predicted in timing or magnitude, yet can cause sudden, severe disruption to financial markets. For Bitcoin, these risks
Timothy Peterson (@nsquaredvalue) 's Twitter Profile Photo

Bitcoin is at its moment of truth for 2025. The next several days will define the next several months. We're about to find out if this is a bull market or bull trap. If the latter, I expect 60k-70k by September.

Bitcoin is at its moment of truth for 2025.  The next several days will define the next several months.  We're about to find out if this is a bull market or bull trap.  If the latter, I expect 60k-70k by September.
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1/3rd of IRS auditors quit. Good. Personal income tax is irrelevant, and perhaps the worst way for the government to collect revenue. x.com/compose/articl…

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I modified the Bitcoin VIX analog just now. The beta of Bitcoin to NASDAQ for the past 3 years is only 1.33. So when I adjusted the historical analog it turns out (not coincidentally) that Bitcoin tracks better. This would reasonably put Bitcoin above $120k within 100 days,

I modified the Bitcoin VIX analog just now.  The beta of Bitcoin to NASDAQ for the past 3 years is only 1.33.  So when I adjusted the historical analog it turns out (not coincidentally) that Bitcoin tracks better.  

This would reasonably put Bitcoin above $120k within 100 days,