Willy Woo @woonomic Twitter profile

Pinned Tweet

Willy Woo

3 days

#Bitcoin is at 4.7% world adoption, this is the same as Jan 1999 for Internet Adoption. You are still early... and that's backed by the best data available.

Willy Woo

@woonomic

6 days

426m #Bitcoin holders today. 0.5 billion by Oct. - All past studies of user count visualised - Early data via on-chain clustering by @glassnode - Then add KYC'd exchange users from Cambridge and Crypto·com studies, adjusting for BTC-only - Then project growth rate forward

74

227

1K

169

825

3K

Last Seen Profiles

@Runa_cp

@VinylPulse

@OznulZora

@hauserjan

@PurebredNeon

@ScottVikings

@GMWWriters

@forsamafilm

@LyriaCroft

@MarcMero

@pablobrunella

@PMInstitute

@ReubenScotland

@bootmanmstz

@LibelFreeZone

@Latienie

@NinjaMack1

@MZanni

@MakenziePolkas

@LALottery

@ErnR02

@MyWaylet

@unameysa

@MarkOtabor

@Nftxos

@gschuman

@MartinJuez

@MyLorals

@Loxonin_joe

@MarcMero

@HeartNurses

@McmahanRylan

@PetalosdeS

@BoomerMays

@Lyrayne1

@TFSCChain

Willy Woo

@woonomic

3 years

In terms of adoption, Bitcoin has roughly the same users as the Internet had in 1997. But Bitcoin's growing faster. Next 4 years on current path will bring Bitcoin users to 1b people, that's the equivalent of 2005 for the Internet.

3K

7K

20K

Willy Woo

@woonomic

3 years

This month's shout out goes to China, for selflessly helping #bitcoin remove the last area of major centralisation in its network at her own loss, and the loss of her children and her children's children. 🙏

287

1K

12K

Willy Woo

@woonomic

3 years

Elon asks the community whether DOGE (a proof of work coin, secured by energy) should be accepted by Tesla, and in the very next tweet announces Tesla is no longer accepting BTC due to energy reasons. Tell us what's really going on @elonmusk .

925

1K

11K

Willy Woo

@woonomic

3 years

Banning #Bitcoin would require banning the Internet and computers. Good luck with that.

488

1K

11K

Willy Woo

@woonomic

2 years

@hunterwalk Fact check. There are 84m families in the US. $100k per family is $8.4 trillion. Total US student debt is $1.8 trillion. His stake in Twitter was worth $2.9 billion before the market reacted.

210

248

11K

Willy Woo

@woonomic

2 years

This is what it’s like posting on Twitter.

Manvir

@manvir

2 years

@100trillionUSD

145

1K

5K

541

1K

10K

Willy Woo

@woonomic

3 years

The technical name for this chart is "2022 is gonna be a good year".

283

2K

9K

Willy Woo

@woonomic

2 years

Next 3 years, shitting on BTC will be political suicide.

288

704

9K

Willy Woo

@woonomic

3 years

Elon, a single opinion, talking up and down the market tells me how niche and small crypto is (2% of the world is tiny).

319

679

8K

Willy Woo

@woonomic

2 years

The last time retail bought the dip this hard was at the bottom of the COVID crash. Probably nothing, few, etc etc.

320

2K

8K

Willy Woo

@woonomic

2 years

#Bitcoin took 6 months to get 1000 users; 5 years to find 1 million users. Today, 13.8 years from inception, it has 300m+ users, 4% of the world. At current growth rates, 1 billion users will be hit in the next 3 years. That's 12% of the world.

1K

2K

8K

Willy Woo

@woonomic

3 years

Wired $16k USD to pay a small bill. Receiving bank blocked it. Wanted me to provide: - a police report - a resume They say USD is a good medium of exchange, but this is a lie, it's terrible. USD has been weaponised via the banking system, it's now a medium of national defence.

408

954

8K

Willy Woo

@woonomic

3 years

Coming out of paternity leave today. Proud daddy mode. ❤️❤️

594

71

8K

Willy Woo

@woonomic

3 years

#Bitcoin : backed by clean renewable energy USD Petrodollar: backed by the Eye of Sauron

Pomp 🌪

@APompliano

3 years

A pipeline ruptured in the Gulf of Mexico and now the ocean is on fire 🤯

1K

4K

13K

224

1K

7K

Willy Woo

@woonomic

2 years

Even politicians are bullish on BTC.

Bitcoin Magazine

@BitcoinMagazine

2 years

Hillary Clinton: #Bitcoin threatens US dollar as reserve currency.

2K

1K

8K

327

728

7K

Willy Woo

@woonomic

3 years

#Bitcoin price would need to move to $53k to address the demand/supply imbalance in the market.

236

755

7K

Willy Woo

@woonomic

3 years

What makes the last 8 consecutive days very special from an on-chain perspective is that EVERYONE is buying, from shrimps to whales. We've not seen a pattern like this looking back 10 years.

199

995

7K

Willy Woo

@woonomic

3 years

China banned BTC transactions and mining only 150 days ago. Today the network is more decentralised than ever and price has risen +50% . Antifragile.

Willy Woo

@woonomic

3 years

This month's shout out goes to China, for selflessly helping #bitcoin remove the last area of major centralisation in its network at her own loss, and the loss of her children and her children's children. 🙏

287

1K

12K

218

966

7K

Willy Woo

@woonomic

3 years

#Bitcoin has entered the Never Gonna Give You Up phase of the Astley Cycle.

392

1K

7K

Willy Woo

@woonomic

2 months

So you think we're in a bull market? We're not, this has been the warm up. A full fundamentals driven bull market is marked by a break of the upper blue band. When it breaks, TradFi is in for a shock.

273

1K

7K

Willy Woo

@woonomic

2 years

I think I’ll call this one “buying the dip”

347

791

7K

Willy Woo

@woonomic

2 years

Crypto markets are now at full reset, the last time was October 2020.

502

730

7K

Willy Woo

@woonomic

3 years

It's okay #Bitcoin , don't feel lonely, here's some things that China also banned: Movies about time travel Alice in Wonderland Brad Pitt Gaming Consoles Winnie the Pooh Harrison Ford The letter 'N' Avatar 2D (3D was okay though) Richard Gere Jasmine flowers Having a big family

389

996

7K

Willy Woo

@woonomic

3 years

1) wire money to myself 2) doesn't arrive after 2.5 weeks 3) call bank 4) "we couldn't find the correspondent bank" 5) request return of funds 6) "please come into a branch and sign a form" 7) pay a processing fee of $250 Are we in the dark ages? Banks are already obsolete.

272

813

7K

Willy Woo

@woonomic

3 years

Assuming all 4.5m adults in El Salvador take up this offer, it’s roughly a 2.5% overnight boost to #bitcoin ’s global user count.

Documenting ₿itcoin 📄

@DocumentingBTC

3 years

President of El Salvador @NayibBukele has announced each registered citizen of their wallet app will receive $30 in free #Bitcoin “The wallet app will even work anywhere with a cell connection, and you won't have to have a cell plan for the app.”

668

5K

21K

175

941

7K

Willy Woo

@woonomic

2 years

The rate things are going the next world war will not be between superpowers, but between citizens and their governments.

485

736

7K

Willy Woo

@woonomic

3 years

#marketupdate It's probably a good time to share this one publicly. On-chain data: @glassnode Liquidations data: @bybt_com

194

2K

7K

Willy Woo

@woonomic

3 years

@elonmusk @BTC_Archive Damage already done. The market was already soft and tentatively recovering when your unresearched FUD on energy came out. There's only so much that can be absorbed by the market.

217

350

7K

Willy Woo

@woonomic

3 years

@RonnieMoas The bull market is not over yet. But I have to tweet quick because my boss here at McDonalds is very strict on coffee breaks.

154

294

7K

Willy Woo

@woonomic

2 years

23% of Americans own crypto-assets while 56% own stocks. The former market is 12 years old while the latter is 203 years old. This is a rising political force.

307

910

7K

Willy Woo

@woonomic

3 years

Chart: User growth on the BTC network. No-coiners are taking this opportunity to buy the dip. In case you're wondering, the bull market is very much intact. Data: @glassnode

192

1K

7K

Willy Woo

@woonomic

2 years

All I want for Xmas is a short squeeze. Merry Xmas! 🎄

465

383

7K

Willy Woo

@woonomic

3 years

The estimated user count seen on Bitcoin’s blockchain is growing faster now than any other time in its 12 year history. Even during this dip? Yes, especially during this dip.

205

825

6K

Willy Woo

@woonomic

3 years

Bitcoin is digital gold? Gold FAILED. The Gold Standard failed. Gold's failure lead to fiat. Why? It was centralised. When governments ran out of gold, money decoupled from gold and we got fiat. Bitcoin is decentralised gold, it removes gold's failures.

435

1K

6K

Willy Woo

@woonomic

3 years

"The Last Cycle" What will be this bull cycle top? IMO there is no top. PAST: *predictable walk* of demand/supply governed by a simple 4yr halvening. NOW: *unpredictable walk* of demand/supply from a complex ecosystem until we hit saturation.

452

1K

6K

Willy Woo

@woonomic

3 years

In a macro cycle context, long term investors are still climbing towards their peak accumulation, which marks bottoms. Early signs to me that the bull market may continue into 2022 and BTC is in the process of breaking free from the 4 year internal cycle from the halvenings.

381

878

6K

Willy Woo

@woonomic

2 years

#Bitcoin price is sideways because of Wall St is selling futures contract in a macro risk-off trade. Meanwhile institutional money is scooping spot BTC at peak rates and moving to cold storage. It's times like these I remember the Q4 2020 supply shock squeeze.

598

1K

6K

Willy Woo

@woonomic

3 years

What’s my prediction for the top of this cycle? Since I think this is the last cycle, the one that takes us to saturation, which if it wins, we can’t put a USD value on it because things get valued in BTC. Thus the cycle top is easy to pick. It will be 1 BTC = 1 BTC.

447

553

6K

Willy Woo

@woonomic

2 years

The HODLer kind of buyers are stepping in, very much a buy the dip scenario.

219

501

6K

Willy Woo

@woonomic

3 years

Every time I take half of my working day to walk into a bank, or make 3 calls and wait weeks to get things done, I think “banking is like printed newspapers; the Internet is coming to eat you alive and you really don’t even know it yet.”

161

787

6K

Willy Woo

@woonomic

3 years

Retail has arrived. The last 4 weeks. Welcome to the middle phase of the bull market. This one is like no other.

173

613

6K

Willy Woo

@woonomic

3 years

Money moving on Bitcoin's blockchain is back near all time highs. It's presently doing ~$190k per second. Compare this to $130k per second by Visa for US customers and $55k per second for Mastercard. Lightning Network not included.

225

1K

6K

Willy Woo

@woonomic

5 months

It's very likely we are on the eve of a #Bitcoin spot ETF. The first commodity ETF was SPDR Gold Trust. It provided a simple way for investors to access gold in their portfolio. When it launched gold went on to an 8 year rally with no single down year between 2005 - 2012.

315

1K

6K

Willy Woo

@woonomic

3 years

China topped the world in power and technology, but by the 1400s they burned their ships and ceased interacting with the world. This lead to lost centuries of progress; only now climbing out of. The Digital Age is here. China has walled the Internet and banned crypto. Deja vu?

236

715

6K

Willy Woo

@woonomic

3 years

$100k BTC is critical for sats being the unit of account. 0.1 cents per sat is something most people can grasp easily.

295

402

6K

Willy Woo

@woonomic

2 years

Institutional sell-off to book in profits complete. January sees capital redeployment. Holiday season is now retail only. Sophisticated traders building long positions on calendar futures. Holders holding the line on-chain. Happy Holiday season everyone.

164

674

6K

Willy Woo

@woonomic

3 years

We'll never see $20k BTC again. $24k support would need a black swan event to breakdown. Floor price supported by long term buyers is rising very fast.

354

703

6K

Willy Woo

@woonomic

2 years

Today's dump, brought to you, in part, by spoofers on Binance.

470

744

6K

Willy Woo

@woonomic

3 years

Fiat: exactly 50 yrs old today #Bitcoin : 12.7 yrs so far Both are experiments. One is failing, the other is gaining.

126

827

6K

Willy Woo

@woonomic

2 years

Bloomberg called the bottom very precisely once again.

183

395

6K

Willy Woo

@woonomic

3 years

Anyone selling right now is cray cray. Seriously strong long term holders are buying this dip.

258

1K

5K

Willy Woo

@woonomic

3 years

Oh my, Rick Astley is back. Coins are moving back to the HODLer who never deserts his BTC.

208

808

5K

Willy Woo

@woonomic

2 years

Contour map of every bitcoin at the price they last changed hands between investors. Huge price validation between $50k-$60k. #Bitcoin as a $1T asset class IMO is now cemented; hard to see it dropping below this zone. This data is @glassnode 's URPD visualised.

363

875

5K

Willy Woo

@woonomic

3 years

Remember when all the traditional analysts said the Grayscale unlock would unleash billions in selling this last week? Yeah, no.

158

372

5K

Willy Woo

@woonomic

6 months

We'll probably never see BTC going below $30k again if this on-chain pattern holds true... (8 for 8 so far) What you see here is #Bitcoin 's price discovery across 13 yrs. It's a contour map the BTC supply according to the price HODLers paid for their coins, and how it changed…

633

1K

5K

Willy Woo

@woonomic

3 years

People often think the market is buying or selling. In truth every buyer has a seller. Price moves up or down according to who is patient and who is urgent. Urgent sellers push price down, urgent buyers push price up.

158

702

5K

Willy Woo

@woonomic

3 years

Congrats to the Fed 🙌. New high score!!! If you’re not getting 22% ROI on your investments in 2021, you’re going backwards. Black: M2 monetary inflation Red: CPI inflation

299

1K

5K

Willy Woo

@woonomic

3 years

#marketupdate , breaking it down, post mortem. We just saw the single largest 1-day drop in mining hash rate since Nov 2017. The hash rate on the network essentially halved, causing mayhem in BTC price as it crashed.

235

1K

5K

Willy Woo

@woonomic

3 years

And folks, we have our squeeze.

Willy Woo

@woonomic

3 years

9 more hours from daily close. If price holds these levels, RSI breakout will confirm. RSI leads price breaks with quite high reliability. Meanwhile on-chain fundamentals: supply shock is in play and only getting stronger. A short squeeze setup.

169

581

4K

158

563

5K

Willy Woo

@woonomic

3 years

Here's the projected worldwide Bitcoin users expressed in Internet years: Internet 1997 = Bitcoin 2021 Internet 2005 = Bitcoin 2025 Internet 2010 = Bitcoin 2028 Here's how the Internet changed...

161

1K

5K

Willy Woo

@woonomic

3 years

Uh Oh, $100k price targets too low. Upward bendy motion detected on Top Cap model. Now on track for $200k minimum.

252

970

5K

Willy Woo

@woonomic

2 years

#Bitcoin Twitter, apologies for the lack of tweets lately. Let me do a bulk tweet to tie us over for the rest of the year. Saves us both time as your feed has more or less been this everyday. We are still early Bitcoin fixes this Stack sats Few PS. This will date well

177

401

5K

Willy Woo

@woonomic

7 days

BREAKING: HK #Bitcoin ETF launches tomorrow. And here's a little secret from this part of the world... The Asian market in user count is BIGGER than the US and European markets combined. (2022 Huobi report)

337

1K

6K

Willy Woo

@woonomic

3 years

Bitcoin approaching another region of notable price stability. Short term technicals are weak while on-chain, investors are in accumulation. All the makings of a volatility squeeze. Breaking 50 likely a fast track to 60.

186

566

5K

Willy Woo

@woonomic

3 years

If you're looking for an entry to HODL Bitcoin long term, don't nickel and dime an entry. You're not going to sweat a few thousand dollars of non-perfect entry when it's $100k,$200k,$300k in a year. The main bull phase is here. Capital inflows has gone nuts.

141

711

5K

Willy Woo

@woonomic

3 years

The Elon Dump now in recovery. Net inflows to exchanges (selling), reversed into outflows (buying). Some insider front-ran that tweet IMO. Data: @glassnode

244

822

5K

Willy Woo

@woonomic

2 years

Past bear market capitulations (red) followed by accumulation zones (green) according to stablecoin flows.

353

938

5K

Willy Woo

@woonomic

3 years

Users on the Bitcoin network is now growing at its fastest rate ever. 1.2m users were added in the last 30 days. Does not include off-chain users on exchanges which typically sees up to 3x this number.

198

976

5K

Willy Woo

@woonomic

3 years

1) Valuation of the banking sector: $7.3T 2) Valuation of inflation hedges (store of value assets): approx $500T DeFi is competing for (1). Bitcoin is competing for (2).

315

770

5K

Willy Woo

@woonomic

2 years

Whales currently hold 24% of the supply. Holdings as at 1st Jan of past years: 2021 - 27% 2020 - 27% 2019 - 29% 2018 - 32% 2017 - 39% 2016 - 44% 2015 - 46% 2014 - 48% 2013 - 52% 2012 - 54% Excludes Satoshi's coins (assumed lost), exchanges, ETFs, and public companies.

267

654

5K

Willy Woo

@woonomic

3 years

#Bitcoin too free to fail.

138

476

5K

Willy Woo

@woonomic

21 days

The new #Bitcoin ETFs brings price targets of $91k at the bear market bottom and $650k at the bull market top once ETF investors have fully deployed according to asset manager recommendations***. These are very conservative numbers. #Bitcoin will beat gold cap when ETFs have…

227

826

5K

Willy Woo

@woonomic

2 years

Pink dotted line doing the upwardy bendy thingy, just saying.

284

305

5K

Willy Woo

@woonomic

2 years

#Bitcoin is being accumulated.

212

662

5K

Willy Woo

@woonomic

3 years

"Carbon emission records reveal Bitcoin was invented in the 1940s." ~ Financial Times

94

639

5K

Willy Woo

@woonomic

3 years

While BTC is building up strength for ATH escape velocity, ETH is quietly building even stronger on-chain fundamentals not yet reflected in price.

177

669

5K

Willy Woo

@woonomic

2 years

MicroStrategy, a smallish public company, backed #Bitcoin and now gets more engagement on its brand in public interviews than Microsoft (4th most capital company). Talent is easier to hire, sales are up because people know them. The Bitcoin Effect. Paraphrasing @saylor

132

378

5K

Willy Woo

@woonomic

3 years

Whales: "Nom nom nom... BTC so yummy today."

150

600

5K

Willy Woo

@woonomic

2 years

Not quite there but hopefully soon. Waiting for the pinkish dotted line to do the upwardy bendy thingy.

276

388

5K

Willy Woo

@woonomic

2 months

BTC at 71k puts us *here* in visual of the upper and lower bound models. Upper bound right now is 337k. So this bull market is still early, equivalent to 20k of last cycle. Last cycle didn't hit the upper bound due to the flood of paper BTC, this is less dominant this cycle.

224

785

5K

Willy Woo

@woonomic

3 years

Fatality rates: ~29% : Black Plague (1350) ~6% : Spanish Flu (1918) ~3.3% : World War 2 ~2% : World War 1 0.06% : COVID19 0.02% : Driving in the US (1960) 0.01% : Seasonal Flu 0.01% : Driving in the US (2019)

473

901

4K

Willy Woo

@woonomic

3 years

Looking at wallet flows, $54k is the strongest area of BTC price discovery by long term investors since $11k. Typically, BTC forms a strong base of price discovery 2-3x above the (prior cycle) all-time-high before launching into bull market highs. This phase is almost complete.

140

692

4K

Willy Woo

@woonomic

3 years

Criticising Bitcoin for its energy use is like saying to farmers they are causing world famine because they eat too much food.

237

459

4K

Willy Woo

@woonomic

3 years

How to get rich in 2 simple steps: 1) have a very good understanding of risk 2) have solid self awareness of the risk you can emotionally stomach Few people understand (1) and even fewer know what their tolerance to (2) is when the shit hits the fan.

218

692

4K

Willy Woo

@woonomic

3 years

Can somebody work out the carbon footprint of the USD petrodollar regime holding back renewable technology for 50 years? Quit with the “ #Bitcoin uses more energy than the use of electric cars” BS.

212

676

4K

Willy Woo

@woonomic

2 years

Early signs that institutional money is starting to come back in.

188

658

4K

Willy Woo

@woonomic

2 months

Full demand for #Bitcoin unleashed. My banker, 33 yrs in wealth management, wasn’t bullish last year, but he changed his mind when the spot ETF approved. That’s because he knows how institutions sell investments to the wealthy. BTC is now on the recommend list for everyone.

94

503

4K

Willy Woo

@woonomic

3 years

Price and hash rate has always been correlated. This is BTC price vs today's hash rate collapse (from the Xinjiang blackout).

218

997

4K

Willy Woo

@woonomic

22 days

#BTC down 10% immediately at the outbreak of the Iran - Israel war. Pulling up this old chart I did at the outbreak of the Russia-Ukraine war, also down 10%. Recovery happens within days.

176

832

4K

Willy Woo

@woonomic

3 years

Why does my Model S use 5% of its battery while being parked for 30hrs doing nothing. Will parked @Tesla cars be the biggest pointless waste of electricity soon?

436

362

4K

Willy Woo

@woonomic

4 years

Fiat: 48.8 years old Bitcoin: 11.4 years old In case you’re wondering, fiat money is also an experiment.

155

870

4K

Willy Woo

@woonomic

3 years

2009-2020: #Bitcoin was the enemy of commercial and retail banking. 2021 onwards: Retail and Commercial Banks flip sides to provide BTC services. Central Banks become the competition with CBDCs.

110

533

4K

Willy Woo

@woonomic

3 years

10% of Bitcoin's money supply last moved at prices above $1T market cap. This is strong validation of BTC as a trillion dollar asset bucket, a new asset class has arrived. 🐣

86

475

4K

Willy Woo

@woonomic

3 years

Since 1971 global money has been backed by stored energy in the form of oil. With the advent of cost effective renewables, the petrodollar regime will end. In this light #Bitcoin can be seen as a monetary transition. We are moving from stored energy as oil to electricity.

272

698

4K

Willy Woo

@woonomic

3 years

Chart: Weekly net flows to small holders (of less than 1 BTC). It's retail that drive Bitcoin bull markets. When they stop buying, that's a bear market warning. They haven't stopped buying. Last 30 days: Whales sold 4k BTC, plebs bought 31k BTC Data provider: @glassnode

246

698

4K

Willy Woo

@woonomic

3 years

Leverage markets sold off but investor buying just got stronger. BTC flash crashes are caused by deleveraging, the COVID crash was similar in that derivatives overreacted, but back then it was supported by investors. This one was completely divergent and a mystery. Cheap coins

179

642

4K

Willy Woo

@woonomic

2 years

PoW is the only known way to digitise real world value (energy) WITHOUT trusting someone. PoS distributes wealth according to the founder's wish. Enough of a stake and you get to control the network. I think PoS has its place for some applications, but never as hard money.

626

676

4K

Willy Woo

@woonomic

3 years

Translation: The capital stored in the #Bitcoin network just broke an all-time-highs. The network has more money in it today at $47k than it did at $64k in April. Realised Cap estimates this by summing the price paid for every coin in BTC's circulating supply.

glassnode alerts

@glassnodealerts

3 years

📈 #Bitcoin $BTC Realized Cap just reached an ATH of $378,768,190,450.72 View metric:

15

98

602

118

757

4K

Willy Woo

@woonomic

3 years

A short 8 year history of dips below NVT Price. NVT Price estimates an organic valuation supported by long term investors (by using on-chain volume moving between them).

188

745

4K