Tuur Demeester
@TuurDemeester
Followers
275,006
Following
2,758
Media
11,912
Statuses
62,092
Long time bitcoin analyst. Board @TXBitcoinFound , advisor to @Blockstream , @Unchainedcom , @AnchorWatch .
Austin, TX
Joined May 2009
Don't wanna be here?
Send us removal request.
Explore trending content on Musk Viewer
GOOD TIMES WITH BAMBAM
• 187799 Tweets
Chiefs
• 106704 Tweets
Cowboys
• 94555 Tweets
Ravens
• 85580 Tweets
連休最終日
• 78829 Tweets
49ers
• 58609 Tweets
Falcons
• 52589 Tweets
Susana
• 42960 Tweets
Atlanta
• 38481 Tweets
Mahomes
• 36865 Tweets
Rams
• 36261 Tweets
Paredes
• 31013 Tweets
Cousins
• 21238 Tweets
Maha Paropkar Diwas
• 20447 Tweets
Serving Humanity
• 20063 Tweets
GARIME TOP DOS
• 19476 Tweets
Kelce
• 17664 Tweets
maria becerra
• 17288 Tweets
KARIME COLUCCI
• 16668 Tweets
KARMA IS GALA MONTES
• 15377 Tweets
#KCvsATL
• 10669 Tweets
#LaAcademiaDisney
• 10033 Tweets
Last Seen Profiles
Pinned Tweet
Ik ben erg vereerd om op 5 oktober in de Antwerpse Handelsbeurs te mogen spreken, mijn eerste presentatie op een Belgische bitcoin conferentie. Ik trek dan ook alle registers open. We zien elkaar gauw!
🚀 We zijn enorm verheugd om
@TuurDemeester
aan te kondigen als een van onze keynote speakers! 🎤
Tuur is een early Bitcoin investor en thought leader, vooral bekend om zijn diepgaande rapporten. Hij was de oprichter van Adamant Capital en medeoprichter van het Rothbard
3
6
30
15
19
170
Olympic gold medals
1908: 100% gold
2024: 1% gold
1K
15K
157K
Leaving an actual material legacy is not easy. This man spent 27 years and +$1M building the world's best stereo system & listening room. After his death the room was taken apart and the pieces were sold for $158k.
228
692
13K
Vitalik’s response to the FTX ponzi collapse so far:
- Retweets SBF’s “I’m sorry” tweet
- Says SBF “deserves love”
- Defends Effective Altruism mvmnt
- Advocates to not dismiss good things about SBF’s philosophy
No:
- surprise
- outrage
- empathy for victims
- introspection
638
800
5K
RIP Walgreens. $7B MCap, very little cash, $34B in debt. I'm sure many companies look like this under the hood—wrongly assumed debt would be cheap forever.
235
604
4K
🇦🇷 Presidential candidate Milei is something else: pro-bitcoin, staunch libertarian, +20y economics prof.
Quote: “the Central Bank is a scam. It is a mechanism by which politicians cheat the people with the inflation tax.” He currently leads the election polls 🗳️
1/ A pro-bitcoin candidate is leading the polls in Argentina (proof below). Our recent bitcoin report speculated on exactly this:
55
153
890
232
694
4K
1/ I've followed the IMF for 15 years now, and this is the most impressed I've been by any of their live press events. Some rare truths were shared, on a panel in front of ECB President Christine Lagarde and Fed Chair Jerome Powell.🧵 (video clips below)
186
1K
4K
Calling attention to it will no doubt jinx my lucky streak, but for what it's worth, here are all my bitcoin-related calls for market capitulation:
303
613
4K
Erratum: The photo above is the 1908 commemorative coin for the Olympics. Here below you see an actual 1908 gold medal, which was made of 15 carat gold (60%). This particular one sold at Christie's in 2012 for £17,500.
22
183
4K
Chart from fall 2014, when Bitcoin was $300, predicted price of $10k for today —Nov 22nd, 2017. We're at $8,000. Next milestone on chart: $100k in summer 2021.
147
1K
3K
After almost 10 years, I finally deleted my Facebook account. Feels good!
187
181
3K
1/ People often ask me why I’m so “against” Ethereum. Why do I go out of my way to point out flaws or make analogies that put it in a bad light?
197
866
3K
"Bitcoin" projected on the Seat of the ECB in Frankfurt. Another memorable moment in monetary history. Will be avoided by TV news in Europe. Still happened. 🦇
61
541
3K
When the Yen was born in 1871, it was 24 grams of silver or 1.5 grams of gold. Now it's a 1 gram aluminum coin, so light it doesn't even break water tension.
75
1K
2K
Bitcoin's parabolic uptrend which started in January 2015 is still intact. Now nearly touching support again, for the first time since March 2019.
#buythedip
121
584
2K
Stock trading app Robin Hood is going after Coinbase: "will let you buy and sell Bitcoin and Ethereum without any added transaction fees starting in February, compared to Coinbase’s 1.5 to 4 percent fees in the US"
117
773
2K
Our new report "How to Position for the Bitcoin Boom" is out. Read here:
231
848
2K
Why I think Bitcoin is evolving towards Reserve Asset status:
📈 10yr track record
📈 Highest security
📈 Stable & growing protocol stack
📈 Institutional adoption
📈 High & improving privacy
📈 Politically neutral
📈 User sovereignty
📈 Virtuous liquidity cycle
88
602
2K
1/ The DotCom bubble shows that the market isn't very good at valuing early stage technology. I'll use Google vs. Yahoo to illustrate.
93
829
2K
Using pre-1980 methodology, consumer price inflation is now about 15%.
68
666
2K
Our new report "Bitcoin in Heavy Accumulation" is out. Read here:
109
736
2K
Bitcoin is the revenge of the nerds: no politics, just code.
84
506
2K
Classic projection. In just 3 years time, Cardano went from 10% of bitcoin's market cap to a paltry 1%.
210
148
2K
1/ Our report from last April predicted “for bitcoin to trade in a range of $22k to $42k, until a new multi-year bull market pushes it well north of $120k.” Now that bitcoin trades at $42k, let’s review our analysis & recommendations in a summary thread.
64
381
2K
Imo there is no stock market recovery - it's all inflation. US stocks denominated in gold:
134
530
2K
What if we store the crude ... in the earth's crust? 🤔
70
177
2K
US interest in "how to buy bitcoin" on the rise, 500% increase since August.
159
332
2K
100 years ago today, Weimar Germany abolished the Papiermark, marking the end of Germany's hyperinflation.
In that same year Josef Wild, a master gold smith from Nurenberg, started minting his own coins to advocate for a return to a gold standard with private gold coins.
Wild's
91
509
2K
.
@Saylor
: “I don’t think that the current rally is due to mainstream adoption of bitcoin, I think it’s because of crypto adoption of bitcoin. … They’re having a come to Jesus moment; that bitcoin is the one thing that we can all agree on.”
75
149
2K
.
@MaxKeiser
& me predicting the emergence of Bitcoin countries and cities. "Bitcoin Shangri-La" ... "a place where the crypto cloud hits earth" (Feb '14, London)
114
281
2K
"I am a major long-term bull on BTC. I believe the narrative of $50,000, even $500,000 BTC. (...) BTC is marking time before the grand show – another parabolic advance." —
@PeterLBrandt
's Factor Update, November 10, 2018
66
372
2K
Joke: Bitcoin mining wastes 1% of the world's energy production.
Woke: Attacking Bitcoin costs 1% of the world's energy production.
62
364
2K
In under 24 hours, over 7,000 investors worldwide read our report online, and over 2,500 downloaded the pdf. Check out "Bitcoin in Heavy Accumulation"here:
62
491
2K
I think we're gearing up for an epic bull market in bitcoin. Just like in the most aggressive cycles in the past (2012 & 2015), we are seeing very minimal price drawdowns. In other words, supply is low and dips are getting bought aggressively.
54
285
2K
Here is Ken Fritz talking about the kind of legacy he wanted to leave behind: "I'd hate like heck to see this room parted out ... I have some time to find people that can carry on with what I have here."
10
41
2K
Then: "Bitcoin mining uses too much fossil energy"
Now: "Bitcoin mining uses too much renewable energy"
Maybe just... say you don't like Bitcoin 😁
51
137
1K
If the Bitcoin price rises to over $1M, that would give ~100k bitcoiners "Ultra High Net Worth Individual" status (+$50M). With worldwide UHNWIs projected at only ~200k by 2022, this means the Bitcoin 1% could by then make up 30-50% of the world's financial elites.
#Disruption
105
468
1K
Our new report “The Bitcoin Reformation“ is out. Read here:
122
534
1K
Adam Back in 1997, 12 years before bitcoin:
"How about this, rather than interface your ecash system with US dollars yourself through credit cards/ debit cards/ cheques / cash, just set up an entirely disconnected system. (...)
The cryptographic requirements for a system such
80
212
1K
All year I drove past this "Crypto is Real" billboard. Since the summer I've been telling my wife: "the moment that billboard disappears, that'll be the end of the bear market." It's now gone. 😄✌️
66
93
1K
Apparently Argentina's Central Bank ran out of dollars and started stealing local banks' customer USD deposits to fill the hole. Now that's no longer working so they're announcing a bank holiday.
#corralito
URGENT: the Argentine 🇦🇷 Central Bank has just suspended operations for today and Monday.
Foreign payments have been suspended.
There are no more dollars it seems.
186
701
2K
124
526
1K
7/ During the last moments of the show, Georgieva, as last speaker, spoke a truth rarely spoken in an official live IMF setting; namely that IMFS institutions are often short sighted, and that monetary stimulus programs have the unintended consequence of inflation.
41
216
1K
Anon redditor nails Bitcoin in early 2013: "Until the network either gets cracked or replaced, this is going to keep moving forward. There is no going back." — and lays out the trajectory from $1B to $20T market cap.
51
288
1K
Milei's inauguration speech is a must watch. So long we worried that people would never vote for economic truth and individual liberty; that fascism and communism would emerge as the only options. And here's Argentina, showing the world how it's done.
88
288
1K
In the year 1900, when the automobile was 14 years old, horse and carriage dominated the streets. That changed soon after. Today, bitcoin is 14 years old.
110
278
1K
Bitcoin has a history of breaking out against tech stocks. Judging by this chart, it may do so again within the coming 24 months.
#decoupling
70
208
1K
Argentina is a perfect country to make
#bitcoin
legal tender: enormous untapped human and industrial potential, some of the richest farmland in the world, sophisticated culture… and structurally held back by frequent inflationary depressions.
🇦🇷💃🥩🌾👨🌾👨💼👩🔧⚡️🚀
98
147
1K
Buy a house with a mortgage, and you are leveraged long the housing market.
That's not good or bad in itself, but imo it's important to be aware that mortgage holders are making a directional bet with borrowed money.
122
178
1K
Tick Tock... another +30% candle for Japan's government bonds. The yen is toast, there's no saving it. This bond crash could be the canary in the coal mine for the entire western debt bubble.
Japan's gov finances if it was a household:
$31k in annual income
$100k in annual expenditures
$700k in outstanding debt
Interest owed on debt was ≤0.1% in 2016-2021, now 0.39%, i.e. close to 10% of annual income 🇯🇵🫣
60
135
610
68
368
1K
Today Joe Lubin was grilled on proof-of-stake's vulnerabilities by Bloomberg's Matt Miller. Once Ethereum's 2.0 suffers a large-scale attack, I expect that this video will be played on repeat.
181
305
1K
Remember the great BTC crash of Jan '17? From $1,100 to below 800...
Bitcoin down 14% for the day. Bull market still intact. I still see this as a healthy correction, expect +$1,000 levels by end of 2017.
21
107
213
92
260
1K
Bitcoin’s price action since I locked my account last year. I have approved a trickle of new followers, but the vast majority of you should be bear market veterans with diamond hands. Good company!
86
0
1K
Down 73% from the all-time high. Based on how I feel in my body right now (awful), I'd say this is
#bitcoin
capitulation.
141
64
1K
CEOs watching
@saylor
📈
Presidents watching
@nayibbukele
📈
Silicon Valley watching
@jack
📈
Central Banks watching Tether 📈
Brokers watching
@Fidelity
📈
75
191
1K
We’re witnessing a transition from geographic power to digital power. In a decade, or two, bitcoiners will rule the cyberspace waves and widely employ censorship thwarting strategies to project power in the world.
61
224
1K
Disruptive trends everywhere. Which did I miss?
$1k drone blows up $5M tank
$30k EV speeds past $1M car
$1K steak > $100K medicine
$1K rural starlink > fancy office
1 BTC outperforms $1M portfolio
1 podcaster > global MSM corp
…
53
174
1K
Fifteen years ago today, Hal Finney received the first bitcoin transaction.
56
209
1K
Ancient Egyptian titanium tablet, est. 1,400 B.C., speculated to be a 24 word seed phrase.
62
123
1K
Billionaire Barry Sternlicht: "This year, the government will have to pay 4.5% interest on its debt (as opposed to 0.1%-2%), that means an interest expense of over $1 trillion! If it keeps going up, you have the Weimar Republic... who's going to buy our paper?"
78
241
1K
Think Bitcoin won't demonetize Gold?
When horses became obsolete as a source of moveable power, most were processed into dog food, bone meal, leather and glue. Between 1915 and the early 1950s, the US horse population dropped by 92%.
102
274
1K
Bitcoin's launchpad: the longer we consolidate around $50k, the faster we'll rally beyond $100k.
56
121
1K
In '21 bitcoin topped at $69k. I'm targeting $200-$600k by 2026. Fueled by $ trillions in global bailouts/stimulus.
71
120
1K
The artist, 2 days before 'Rich Men North Of Richmond' went viral:
"This what I’m going to do: at all costs, no matter what, I’m going to write, create and produce as much original, authentic music as I can in the hopes that it will at least help somebody out there that needs
42
210
1K
In 2020, bitcoin's market cap touched $92 billion. Today it jumped up by $93 billion—in a day. This revolution isn't linear.
21
159
1K
8/ To an audience of hardcore finance tweeps this may not sound impressive, but in a world where nearly all political leaders are pointing solely at exogenous shocks to explain rising inflation, this may be the best we can get in terms of an official acknowledgment of the truth.
15
81
1K
The Gutenberg printing press was staggeringly disruptive: it dropped the price of a book from a full year's wage, to about the price of a chicken. "The raw price of books fell by 2.4 per cent a year for over a hundred years."
42
522
1K
“I have never understood why it is 'greed' to want to keep the money you have earned but not greed to want to take somebody else's money.” ― Thomas Sowell
31
227
1K
The groundwork for Rock & Roll was laid by the sober, heartfelt Blues from the Great Depression. That music, in turn, formed the basis for the iconic music of the Sixties and Seventies. Is the cycle repeating?
105
232
1K
Hyperbitcoinization will lead to a new baby boom, I believe it. Just like after WWII, it’ll come from people celebrating the restoration of hope for themselves and for humanity.
117
155
1K
You miss the point. After having sliced and bolted its own spinal cord a dozen times, Ethereum is a crippled creature with a broken back. A brittle mutant limping into irrelevance, its only historical significance will be the glaring contrast with bitcoin's immutable robustness.
173
152
1K
Paul Allen (18) and Bill Gates (15) in 1970 at Lakeside School, Seattle. This was 5 years before Microsoft was founded.
18
360
1K
More background on the 2024 Olympic medals and which materials they're made of (mostly cheap silver):
32
92
1K
BTC/LN ~ TCP/IP
Bitcoin is becoming a platform—a protocol stack with many features:
- store of value
- low trust wealth transfer
- confidential transactions
- tokenized securities
- high volume payment network
- microtransactions
- smart contracts / programmable money
59
318
1K
If this bill passes, it will be a shot heard around the world. When is the last time a government official anywhere risked prison time for money printing?
Javier Milei | bill jailing anyone who orders to print money to cover deficit
17
142
674
40
174
1K
Dutch Central Bank: "If the whole system collapses, the gold reserve can serve as collateral to start from scratch."
Wow
Dutch National Bank goes 'Big Reset':
'Aandelen, obligaties en ander waardepapier: aan alles zit een risico [..] Als het hele systeem instort, biedt de goudvoorraad een onderpand om opnieuw te beginnen. Goud geeft vertrouwen in de kracht van de balans van de centrale bank'.
54
162
378
69
452
1K
He called it.
General TA rule -- violation of parabolic advance leads to 80%+ decline in value. If general rule is followed, BTC should retrace to <$4,000. Note: This Tweet does not make me a hater.
386
911
3K
51
163
1K
Larry Fink pumps bitcoin: "It's bigger than any government"
63
139
1K
“We are just one scandal away from Bitcoin collapsing entirely.” New York Times, April 2013
51
246
1K
My car exploded on the way to work and my whole family died. No actually, that didn’t happen, because horses work and cars don’t.
64
75
1K
In one sense, OG bitcoiners had it easy.
To adopt Bitcoin in 2010-'14 you mainly needed to be tenacious and a bit crazy—nobody took alts seriously.
Today, newcomers must wade through a swamp of sleek shitcoin ("crypto") projects before they can appreciate Bitcoin's supremacy.
63
135
1K
Note how strategic
@lightning
's $2.5M raise was:
@Square
,
@Twitter
,
@Bitgo
,
@RobinhoodApp
,
@Paypal
. These alliances will likely bring them much further than had they done a $250M ICO.
26
344
1K
1/ The main thesis of “The Bitcoin Reformation” is that there are four fundamental parallels between the Protestant Reformation and the present day, which could signal profound societal and economic changes ahead.
62
386
1K