Joe Consorti ⚡
@joeconsorti.bsky.social
Bitcoin/Building @TheyaBitcoin
After the US unpegged the dollar from gold in 1971, worker's compensation has not kept up with productivity.
Productivity has risen 80.9%, yet hourly pay has only risen 29.4%... a 2.7x difference.
Disconnecting money from physical reality has had dire consequences.
Productivity has risen 80.9%, yet hourly pay has only risen 29.4%... a 2.7x difference.
Disconnecting money from physical reality has had dire consequences.
December 31, 2024 at 10:27 AM
After the US unpegged the dollar from gold in 1971, worker's compensation has not kept up with productivity.
Productivity has risen 80.9%, yet hourly pay has only risen 29.4%... a 2.7x difference.
Disconnecting money from physical reality has had dire consequences.
Productivity has risen 80.9%, yet hourly pay has only risen 29.4%... a 2.7x difference.
Disconnecting money from physical reality has had dire consequences.
Decision time $BTC
December 31, 2024 at 10:27 AM
Decision time $BTC
Christ, our Savior, is born! Hallelujah, Amen.
Merry Christmas, everyone ✝️
Read Luke Chapters 1 and 2 to learn about the birth of Jesus ❤️
biblegateway.com/passage/?searc…
Merry Christmas, everyone ✝️
Read Luke Chapters 1 and 2 to learn about the birth of Jesus ❤️
biblegateway.com/passage/?searc…
December 25, 2024 at 10:33 PM
Christ, our Savior, is born! Hallelujah, Amen.
Merry Christmas, everyone ✝️
Read Luke Chapters 1 and 2 to learn about the birth of Jesus ❤️
biblegateway.com/passage/?searc…
Merry Christmas, everyone ✝️
Read Luke Chapters 1 and 2 to learn about the birth of Jesus ❤️
biblegateway.com/passage/?searc…
Update: 5 days after my last chart, bitcoin is down ~$7,500 to $92,500.
Following global M2 (USD-denominated) to a T.
Largely a story of strong USD trouncing everything. Favorable BTC-native events like Trump's inauguration could help BTC buck this trend.
Merry Christmas ✝️🎄
Following global M2 (USD-denominated) to a T.
Largely a story of strong USD trouncing everything. Favorable BTC-native events like Trump's inauguration could help BTC buck this trend.
Merry Christmas ✝️🎄
December 24, 2024 at 10:28 AM
Update: 5 days after my last chart, bitcoin is down ~$7,500 to $92,500.
Following global M2 (USD-denominated) to a T.
Largely a story of strong USD trouncing everything. Favorable BTC-native events like Trump's inauguration could help BTC buck this trend.
Merry Christmas ✝️🎄
Following global M2 (USD-denominated) to a T.
Largely a story of strong USD trouncing everything. Favorable BTC-native events like Trump's inauguration could help BTC buck this trend.
Merry Christmas ✝️🎄
A painter and her canvas.
December 23, 2024 at 6:01 AM
A painter and her canvas.
Remember: bitcoin is a certainty because a reduction in government deficit spending would destroy the US economy for decades.
December 21, 2024 at 10:12 AM
Remember: bitcoin is a certainty because a reduction in government deficit spending would destroy the US economy for decades.
My fiancée is using ChatGPT to make our wedding website.
December 21, 2024 at 10:09 AM
My fiancée is using ChatGPT to make our wedding website.
Metaplanet, a bitcoin treasury company, has soared 2654.67% year-to-date, compared to BTC up 120.45%.
Leveraging public debt and equity markets to accumulate bitcoin isn't just a strategy—it's rocket fuel for your stock.
Microsoft, up a measly 17.72% YTD, should take notes 📝
Leveraging public debt and equity markets to accumulate bitcoin isn't just a strategy—it's rocket fuel for your stock.
Microsoft, up a measly 17.72% YTD, should take notes 📝
December 21, 2024 at 10:09 AM
Metaplanet, a bitcoin treasury company, has soared 2654.67% year-to-date, compared to BTC up 120.45%.
Leveraging public debt and equity markets to accumulate bitcoin isn't just a strategy—it's rocket fuel for your stock.
Microsoft, up a measly 17.72% YTD, should take notes 📝
Leveraging public debt and equity markets to accumulate bitcoin isn't just a strategy—it's rocket fuel for your stock.
Microsoft, up a measly 17.72% YTD, should take notes 📝
The total value of spot bitcoin ETF holdings has risen 79.1% over the last 6 weeks as bitcoin soared to $108k.
Imagine the calls that financial advisors are getting from clients right now. And the huge marketing blast from Blackrock & other ETF issuers.
We're going much higher.
Imagine the calls that financial advisors are getting from clients right now. And the huge marketing blast from Blackrock & other ETF issuers.
We're going much higher.
December 18, 2024 at 11:33 AM
The total value of spot bitcoin ETF holdings has risen 79.1% over the last 6 weeks as bitcoin soared to $108k.
Imagine the calls that financial advisors are getting from clients right now. And the huge marketing blast from Blackrock & other ETF issuers.
We're going much higher.
Imagine the calls that financial advisors are getting from clients right now. And the huge marketing blast from Blackrock & other ETF issuers.
We're going much higher.
The total assets in the spot Bitcoin ETFs are now 55% of the value of known gold ETF holdings.
• Bitcoin ETF AUM: $120.69 billion
• Gold ETF AUM: $218.81 billion
Out with the old, in with the new 🚀
• Bitcoin ETF AUM: $120.69 billion
• Gold ETF AUM: $218.81 billion
Out with the old, in with the new 🚀
December 18, 2024 at 11:33 AM
The total assets in the spot Bitcoin ETFs are now 55% of the value of known gold ETF holdings.
• Bitcoin ETF AUM: $120.69 billion
• Gold ETF AUM: $218.81 billion
Out with the old, in with the new 🚀
• Bitcoin ETF AUM: $120.69 billion
• Gold ETF AUM: $218.81 billion
Out with the old, in with the new 🚀
Bitcoin is now a $2.1 trillion asset.
December 17, 2024 at 6:12 AM
Bitcoin is now a $2.1 trillion asset.
Canada right now.
December 17, 2024 at 6:08 AM
Canada right now.
Financial conditions as measured by credit spreads are at their loosest in 25 years, for both risky and safe corporate borrowers.
Meanwhile, Fartcoin is up over 900% in the last month.
Perhaps financial conditions are *too* loose.
Meanwhile, Fartcoin is up over 900% in the last month.
Perhaps financial conditions are *too* loose.
December 17, 2024 at 6:07 AM
Financial conditions as measured by credit spreads are at their loosest in 25 years, for both risky and safe corporate borrowers.
Meanwhile, Fartcoin is up over 900% in the last month.
Perhaps financial conditions are *too* loose.
Meanwhile, Fartcoin is up over 900% in the last month.
Perhaps financial conditions are *too* loose.
>19.8mm BTC in volume!!!! Bubble!!!! 😱
>73.2% of BTC has not moved in 6+ months
>...it's just 5.3mm BTC shuffling hands a lot
its-all-so-tiresome.png
>73.2% of BTC has not moved in 6+ months
>...it's just 5.3mm BTC shuffling hands a lot
its-all-so-tiresome.png
December 15, 2024 at 5:48 AM
>19.8mm BTC in volume!!!! Bubble!!!! 😱
>73.2% of BTC has not moved in 6+ months
>...it's just 5.3mm BTC shuffling hands a lot
its-all-so-tiresome.png
>73.2% of BTC has not moved in 6+ months
>...it's just 5.3mm BTC shuffling hands a lot
its-all-so-tiresome.png
"Russia lawmakers were this week revealed to be pushing the country to create a bitcoin strategic reserve... Vladimir Putin praised bitcoin as an alternative to FX reserves following the seizure of its funds by Western governments."
The Bitcoin Cold War has begun 🇺🇲⚔️🇷🇺
The Bitcoin Cold War has begun 🇺🇲⚔️🇷🇺
December 15, 2024 at 5:47 AM
"Russia lawmakers were this week revealed to be pushing the country to create a bitcoin strategic reserve... Vladimir Putin praised bitcoin as an alternative to FX reserves following the seizure of its funds by Western governments."
The Bitcoin Cold War has begun 🇺🇲⚔️🇷🇺
The Bitcoin Cold War has begun 🇺🇲⚔️🇷🇺
All your models, something something...
December 14, 2024 at 11:31 AM
All your models, something something...
• MSTR enters the Nasdaq-100 on Dec. 23rd
• QQQ (5th largest ETF in the world) buys MSTR to match the index
-
• Drives MSTR price up
• MSTR weight in Nasdaq-100 rises
• QQQ buys more MSTR to match the index
• MSTR buys more bitcoin
• Bitcoin price rises
🔄️🔄️🔄️
• QQQ (5th largest ETF in the world) buys MSTR to match the index
-
• Drives MSTR price up
• MSTR weight in Nasdaq-100 rises
• QQQ buys more MSTR to match the index
• MSTR buys more bitcoin
• Bitcoin price rises
🔄️🔄️🔄️
December 14, 2024 at 11:31 AM
• MSTR enters the Nasdaq-100 on Dec. 23rd
• QQQ (5th largest ETF in the world) buys MSTR to match the index
-
• Drives MSTR price up
• MSTR weight in Nasdaq-100 rises
• QQQ buys more MSTR to match the index
• MSTR buys more bitcoin
• Bitcoin price rises
🔄️🔄️🔄️
• QQQ (5th largest ETF in the world) buys MSTR to match the index
-
• Drives MSTR price up
• MSTR weight in Nasdaq-100 rises
• QQQ buys more MSTR to match the index
• MSTR buys more bitcoin
• Bitcoin price rises
🔄️🔄️🔄️
The surge above $100k was met with a surge in coins moving on-chain, resetting bitcoin's fair-value floor lower.
As such, the ratio between spot BTC & its realized price is ~3.3x—the same as 2 months ago at $71k.
Bitcoin still needs to 2x from here to be cyclically overheated.
As such, the ratio between spot BTC & its realized price is ~3.3x—the same as 2 months ago at $71k.
Bitcoin still needs to 2x from here to be cyclically overheated.
December 9, 2024 at 9:23 AM
The surge above $100k was met with a surge in coins moving on-chain, resetting bitcoin's fair-value floor lower.
As such, the ratio between spot BTC & its realized price is ~3.3x—the same as 2 months ago at $71k.
Bitcoin still needs to 2x from here to be cyclically overheated.
As such, the ratio between spot BTC & its realized price is ~3.3x—the same as 2 months ago at $71k.
Bitcoin still needs to 2x from here to be cyclically overheated.
Good morning, Abu Dhabi ☕️🇦🇪
December 9, 2024 at 9:23 AM
Good morning, Abu Dhabi ☕️🇦🇪
The spot bitcoin ETFs have purchased a net 94,000 BTC on behalf of their clients over the last 30 days.
The $-value of their AUM rose $41.7 billion over the same period, raising the total value of their holdings by 61.8%.
The $-value of their AUM rose $41.7 billion over the same period, raising the total value of their holdings by 61.8%.
December 7, 2024 at 2:04 AM
The spot bitcoin ETFs have purchased a net 94,000 BTC on behalf of their clients over the last 30 days.
The $-value of their AUM rose $41.7 billion over the same period, raising the total value of their holdings by 61.8%.
The $-value of their AUM rose $41.7 billion over the same period, raising the total value of their holdings by 61.8%.
Bitcoin is now a $2-trillion asset.
It only took 295 days to go from $1T to $2T.
How long until it reaches $150,000 and becomes a $3-trillion asset?
It only took 295 days to go from $1T to $2T.
How long until it reaches $150,000 and becomes a $3-trillion asset?
December 5, 2024 at 8:03 AM
Bitcoin is now a $2-trillion asset.
It only took 295 days to go from $1T to $2T.
How long until it reaches $150,000 and becomes a $3-trillion asset?
It only took 295 days to go from $1T to $2T.
How long until it reaches $150,000 and becomes a $3-trillion asset?
Atlanta Fed GDPNow forecasts Q4 GDP growth at 3.2% — accelerating from 2.8% in Q3.
No recession in sight, and clear skies ahead as we move into 2025 🚀
No recession in sight, and clear skies ahead as we move into 2025 🚀
December 2, 2024 at 9:10 PM
Atlanta Fed GDPNow forecasts Q4 GDP growth at 3.2% — accelerating from 2.8% in Q3.
No recession in sight, and clear skies ahead as we move into 2025 🚀
No recession in sight, and clear skies ahead as we move into 2025 🚀
Dollar dominance 🇺🇲🦅
December 1, 2024 at 7:25 AM
Dollar dominance 🇺🇲🦅
Accelerate, anon.
November 29, 2024 at 11:51 PM
Accelerate, anon.
~5,370 BTC in sell-side orders remain between here and $100k.
November 29, 2024 at 11:30 PM
~5,370 BTC in sell-side orders remain between here and $100k.