Bitcoin Pathfinder | Network Economist | CFA, CAIA Author of "The Bitcoin Investment Handbook" & "Metcalfe's Law as a Model for #Bitcoin's ₿ Value"
Joined April 2018
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Only a few signed and boxed copies of The Bitcoin Investment Handbook remain. If you're thinking of getting a gift for someone, or a treat for yourself, order soon because they may not be around during holiday shopping season!
How the Binance hack worked:
Ethereum introduced EIP-7702 in 2025, allowing wallet owners to authorize software to manage their funds. One digital signature can give that software ongoing control over a wallet. Basically this features allow you to turn over your keys to a software program. In hindsight, a stupid design.
Hackers apparently obtained such authorization for a Binance wallet and redirected control to malicious software, which drained billions in minutes.
Not your keys...
Bitcoin XRP Tether
🤖 Made with AI
Timothy Peterson retweeted
Based on two weeks of October price behavior, a new ATH in 90 days may not happen. This was predicated on Bitcoin reaching $88k, or -30% from its ATH. I thought this was reasonably possible in October or at least by November.
But looking at historical data, there is a clear channel in the 3rd week of October that delineates Bitcoin's 4Q trajectory-for the entire period. Bitcoin appears easily headed for the bearish track.
Maybe this time is different, but it would break 15 years of history.
I believe Bitcoin will make a new ATH within 90 days, and here's why.
When Bitcoin climbed from -50% below its all-time high back to -30%, it made a new ATH within 75 days (median 24). Every time. 100% hit rate across all macro regimes and conditions.
It never went to a new cycle low first.
The -30% mark is about $88,000. I think once it passes that, probably later this month, a new ATH is imminent.
I did this research with the help of bluroo ai
Survey: 1 in 3 chance Bitcoin > 100k this year.
Data analysis: 1 in 3 chance Bitcoin > 100k this year.
bluroo ai
Winston Churchill bought five copies of The Bitcoin Investment Handbook.
It was his finest hour.
cane-island.digital/handbook
Timothy Peterson retweeted
Latest Bitcoin Video:
youtube.com/watch?v=wwsQ6kYn…
OpenAI claims its AI disproved a 25-year-old assumption that certain computational problems are inherently difficult to solve. The discovery could lead to faster algorithms and overturn hundreds of research findings. Significantly, AI may have independently solved a major mathematical problem that eluded generations of experts.
Bitcoin mining involves finding a hash that meets a difficulty target. Finding one is computationally expensive; verifying it is trivial. This breakthrough challenges assumptions about computational difficulty and Bitcoin security. It does not establish that Bitcoin’s SHA-256 hashes can be solved faster or that mining becomes easier (yet). It just means a barrier (specifically, time) presumed to exist does not.
Noob translation: it is believed that breaking Bitcoin's security would take billions of years with billions of computers. That belief is now (probably) false.
The sole purpose of Bitcoin is to allow money to transact outside the conventional banking system, neither favoring nor disfavoring any political cause or position, and thereby avoid censorship arising from subjective determination.
I spent years developing Metcalfe's Law as a model for Bitcoin's Value; much more work than has been made public.
It's not just a theory. Researchers and practitioners called it "influential analysis" that "remains the point of reference" for Bitcoin valuation.
Applying Metcalfe's Law to Bitcoin is complicated. I had to devote 3 chapters to it in The Bitcoin Investment Handbook. It's not wrong, and it's not a curve fit. In fact, it has been a reliable leading indicator of price for over a decade.
You can track it daily at bluroo.ai
You can read about how it works in detail at cane-island.digital/handbook
You can download the free paper at papers.ssrn.com/sol3/papers.…
Boxing Book 4: Moon
The Bitcoin Investment Handbook
cane-island.digital/handbook
This is one of my favorite covers. I spent weeks developing it. It shipped today: Moon on Monday.
Did you know that up to 90% of a book's value comes from a well maintained dust jacket? newmexicoliteracyproject.org…
"Throw away the jacket and you can throw away most of the value with it."
Only one "Moon" dust jacket was sold to the public, signed and numbered edition #4.
But there are still a handful of premium-cover books with low series numbers still available. Did you order yours yet?
cane-island.digital/handbook
Timothy Peterson retweeted
#SundaySurvey
Bitcoin Price on Dec 31 2026
21%$100,000 +
51%$81,000-$100,000
18%$68,000 - $81,000
10%$0 - $68,000
300 votes • Final results#SundaySurvey
Bitcoin Price on Dec 31 2026
21%$100,000 +
51%$81,000-$100,000
18%$68,000 - $81,000
10%$0 - $68,000
300 votes • Final results