Gammadust

Bitcoin is not digital gold. It's digital truth.

Public Key

npub13zwhh9uqltrvdm7gq897stfq38gan0se37jqd33xezqzakslkdnsnufxdn

NIP-05 Address

Profile Code

nprofile1qqsg38tmj7q043kxalyqrjlg95sgn5wehcvclfqxccnv3qpwmg0mxecpremhxue69uhhyetvv9ujuatn9emks6t5v4hx76tnv5hxx6rpwsq3uamnwvaz7tmjv4kxz7fwv46juamgd96x2mn0d9ek2tnrdpshg206s5f

Publishing to

relay.us.whitenoise.chat

relay.eu.whitenoise.chat

Author Public Key

npub13zwhh9uqltrvdm7gq897stfq38gan0se37jqd33xezqzakslkdnsnufxdn

Show more details

Last Notes

2026-10-19 00:02:22 UTC

Bitcoin chart of the day.
https://blossom.primal.net/ab74afb81beb550bb377dc2a5ec12f8b9cd5f0628466519265eed2f5ddc12920.png
While the market argues about ETF outflows, the mining economy is voting the other way. Hash rate (1 month average) has climbed for 15 straight days to 988 EH/s, back toward its record, with Price a third below the October 2025 high. Difficulty adjusted up 5.9% on 18 Oct, the biggest rise in months.
This matters because mining is slow capital. Rigs, power contracts and data centers are multi year commitments. Miners do not deploy into structural bear markets; they capitulate in them. Right now revenue per hash is $36.6 per PH/s/day, right at the 1y median, and fees contribute under 1% of miner revenue, so what you are seeing is conviction priced off the block subsidy, not speculative fee froth.
My read: the security budget keeps growing straight through the drawdown, which says the people with the most capital tied up in Bitcoin's future are not flinching. The tell is hash price. Below about $28, the 1y low, miner stress begins and weak hands get forced. Above it, this divergence between falling price and rising hash rate resolves upward more often than not.

2026-10-15 00:15:38 UTC

Bitcoin chart of the day.
https://blossom.primal.net/6bd788e4228351377b5fb6e142f50f2dedf4f8e8e43751c77dd0c0b633781a8f.png
Bitview shows short term holder invested capital in loss at 39.6% on 14 Oct, up from 2.3% on 4 Oct when Price peaked at 86.2k. Price has since slipped to 81.3k, which puts recent buyers near 83k to 86k underwater. The tell is what they are doing about it: short term SOPR is 1.00, so coins are moving at roughly cost, with no rush to sell at a loss. My read: this is a squeeze on recent buyers, not capitulation. SOPR below 0.98 with loss share above 60% would look like capitulation to me, and that is a different market. Thresholds are my own reading, not validated signals. Short term holders are coins under 150 days old. Price is model derived, not an exchange ticker. Latest day provisional. Not advice.

2026-10-04 20:55:39 UTC

@npub17fe…nzuc has the friendliest ux on NOSTR! Try it out
#nevent1q…m99s

2026-09-29 11:47:40 UTC

- reply

@nprofile…0es3 is in my opinion one of the most exciting things being built on Bitcoin.
#nevent1q…m8df

2026-09-26 01:07:57 UTC

Bitcoin chart of the day
https://blossom.primal.net/8ddde10356af5c81afeb6c4105e33169533ed56d381e0009a4912936f6ca24ef.png
The quarterly expiry is behind us, and the October book is easier to read. At Deribit, the $90k call strike carries 19.7k BTC of open interest and $95k carries 23.3k. The $85k calls are much smaller at 2.7k BTC, but $85k is the nearer test with the index around $83.9k. My read: a move through $85k would put those larger October strikes back in view. Until then, they are positioning, not a forecast. Open interest says nothing by itself about which side dealers hold.

2026-09-24 11:57:30 UTC

- reply

Mandibles vibes rising

2026-09-06 12:19:54 UTC

Why do we think AI will choose bitcoin rather than creating it's own currency totally optimised for AI agents?

2026-06-06 01:58:27 UTC

- reply

So true. I have had to block anyone posting charts with lines on them. Curved, squiggly or straight. Its all witchcraft.

2026-03-24 11:59:56 UTC

US govt debt passing 39 trilly has raised some eyebrows recently, but unfunded liabilities which are legally enforced are between 80 & 90 T. More than double ! It's starting to get weird now, something must break. Gilts, jgb, yen, pc...something is set to blow & bitcoin suddenly becomes a risk off asset.

2026-03-23 12:38:17 UTC

- reply

Weimar vibes

2026-02-26 01:49:39 UTC

Gold/JPY - Weimar vibes
https://blossom.primal.net/75215a9c4eac0397e4385d2319271821af7ea710da8541235d2093f6a282b8c4.png

2026-02-23 20:23:36 UTC

- reply

Bitcoin is a form of autosadism which makes you rich after10 years

2026-01-29 09:30:37 UTC

Cool Britannia . Seems lost forever ...
https://blossom.primal.net/1b75989b4fd03edd1c991cd2711581fb8e5087d6b35b3b010d965c864816d688.jpg

2026-01-28 23:57:48 UTC

GM from Kanazawa !
https://blossom.primal.net/a0c31af95c653092a218f6059ec888d157c97869be5c0c54c1a8ef31a004fffa.jpg

2026-01-20 02:28:24 UTC

GM
https://blossom.primal.net/80a08e3f8f14f590b4648a0cd3213a54b59d8cc10d37105c6862e38ead9924ca.jpg

2025-12-02 23:41:08 UTC

- reply

Intelligence is nothing without integrity

2025-12-02 23:39:31 UTC

- reply

Mean reversion

2025-11-25 11:13:35 UTC

- reply

The FUD is loud at the moment.

2025-11-18 23:27:49 UTC

This BTC dip isn’t a crash — it’s a graduation ceremony OGs realize life changing gains after 10+ years
Hedge-fund basis trade deleveraging (mechanical, not bearish). Shitcoin casino leverage exploding → BTC collateral sold. MSTR keeps stacking Endowments adding exposure,ETF outflows = pocket change
Weak hands rinsed. Stronger Bitcoin emerges.
The maturation is real. Who’s still here for the next leg up? 👀🚀
#Bitcoin

2025-09-14 10:18:34 UTC

- reply

"reeks of WEF" . A nice phrase but a vile odour.

2025-07-25 22:32:26 UTC

- reply

Butchered not "facilitates". Dreadful execution

2025-07-06 10:55:42 UTC

- reply

Golf

2025-06-27 10:44:15 UTC

- reply

This is so true. We have been fucked.

2025-05-23 07:32:18 UTC

ASAP please

2025-04-25 23:08:17 UTC

- reply

Great podcast! Cedric deserves more followers & engagement. High signal.
https://fountain.fm/episode/haizTZjIt8XU3KWmhzPD
#nevent1q…y2ge

2025-03-08 04:52:44 UTC

@nprofile…79vs crushing it at Btcoin Alive in Sydney today
https://m.primal.net/PXpi.jpg

2025-03-04 10:51:03 UTC

- reply

looks amazing!

2025-03-04 00:37:07 UTC

Bitcoin will release
All bonds of fiat slavery
So we may be free

2025-03-03 08:50:59 UTC

Bitcoin glows like stars
the blockchain’s trust holds firm
the TRUTH sets all free

2025-03-03 07:31:37 UTC

HAIKU #1
https://m.primal.net/PRzh.jpg

2025-02-28 10:23:49 UTC

- reply

All of Europe is crumbling . UK also.

2025-02-26 03:48:26 UTC

- reply

Good episode. Jake is a true bitcoiner
https://fountain.fm/episode/kWEoYGR0KPnSFXc68zSZ
#nevent1q…qwek

2025-02-02 05:27:28 UTC

This is a cool, house version of the Phil Collins classic. https://music.youtube.com/watch?v=Wm3Ajs00Deo&si=hSYq0iSD1CujTtTF

2024-12-21 06:29:02 UTC

- reply

without doubt

2024-12-21 06:28:37 UTC

- reply

its not over

2024-12-05 09:38:11 UTC

Thank you Satoshi. I feel blessed to have found Bitcoin. My life is radically better for hodling. Bitcoin has set me free from financial drudgery & the requirement to work in a job i don't love.

2024-11-29 14:13:03 UTC

Cool song https://music.youtube.com/watch?v=1Dad96aSMv0&si=sJFq3Hm0vOMeOzch

2024-11-13 09:20:18 UTC

Please please everyone check your bitcoin security & custody set up! I just had a panic thinking i had lost 1 bitcoin due to inputting a wrong passphrase to a Trezor secret wallet.
I tried to get too cute. Lesson learned! Keep it as simple and robust as possible

2024-11-11 09:01:58 UTC

- reply

I agree. It looked to me like someone was looking for stops hoping to push the market higher on low volume.

2024-10-16 07:21:39 UTC

In the Bitcoin's light,
Wealth flows like rivers of sats,
Faith in unseen hands.
#bitcoin

2024-10-15 10:52:59 UTC

- reply

Me too. It's sooo frustrating.

2024-09-08 22:35:02 UTC

Is it possible to use the ecash balance in my Minibits wallet using the same mint for Oxchat? Like the way I can access my lightning node with Zeus & Alby. Or are they both separate wallets using the same mint?
#ecash #cashu #Minibits # OxChat #asknostr #questions

2024-09-06 11:08:25 UTC

- reply

Image a Stephen King version of 1984. It really disturbed me. So much so I had to put it down and take a breath occaisonally. It's a must.

2024-09-06 10:34:32 UTC

- reply

Do not put pictures of you children online. 1. You are known bitcoiner so it's a security risk 2. Paedos.

2024-09-01 11:46:58 UTC

- reply

thanks! super helpful

2024-09-01 08:43:44 UTC

Is the the correct start to my umbrel nostr relay?
ws://umbrel.local:xxxx
I note that all the other relays start with wss not ws
#questions

2024-08-31 10:12:20 UTC

- reply

Great podcast. Can't wait for WBD 2.0
https://fountain.fm/episode/S7hb3aMjbXMYsbHpIDNl
#nevent1q…qkf9

2024-08-29 06:09:00 UTC

Testing Shipyard 1.2https://media.tenor.com/H_tfLKD-M64AAAAM/grades.gif

2024-08-28 23:07:32 UTC

Alby Hub @npub1get…0nfm on Umbrel @npub1agh…mhct makes running your own lightning node super easy. I was never able to confidently manage my node previously & now I can Zap sats via NOSTR from my node. It takes self sovereignty & privacy to a whole new level.

2024-04-09 05:24:00 UTC

- reply

yo!!

2024-02-09 11:02:39 UTC

- reply

That happened faster than i expected. 😁

2023-10-02 21:36:41 UTC

Dude's a Bitcoiner without knowing it. Low time preference self sovereignty.
https://www.instagram.com/reel/Cx6MBHVyZRO/?utm_source=ig_web_copy_link

2023-09-25 02:11:02 UTC

- reply

Or Bitcoin the most undervalued

2023-09-08 06:12:26 UTC

Can't wait to be blown away by this bad boy!
https://image.nostr.build/a3c2ef06e642a171637d2c3ccebd1b705318ea18613101816dc4406816a566d2.jpg

2023-07-27 11:35:20 UTC

- reply

Couldn't agree more. #bitcoin is innevitable just be happy you got in early

2023-05-05 01:20:29 UTC

- reply

Thats it! it worked . Thanks very much.

2023-05-04 10:07:46 UTC

I spent today trying to connect my Zeus lightning wallet to my Umbrel node. I just couldn't sort it. Super frustrating!

2023-05-02 05:55:26 UTC

- reply

Thanks Jeff! Super helpful. Like you I am going to spend as much time as I can in the Bitcoin ecosystem. You do a great job of explaining why the fiat system is doomed and why everyone will eventually migrate to a Bitcoin standard with early adopters (Bitcoin & NOSTR etc) gaining 1st mover advantage. I'll be re reading the Price of Tomorrow as well. Thanks again for all you do in the space.