TD₿: Bitcoin Looks Ready to Absolutely EXPLODE! - (a Swan original video) with Hurley
TL;DR: Bitcoin could be set for a massive move, with signals like ETF inflows, global liquidity, and bullish charts. Could it reach $200-$300K within a year?
Hey Bitcoiners,
All signs point to a significant move in Bitcoin's price, which might be imminent. As we near the end of one of the best-performing September in Bitcoin's history, we prepare for an explosive October, November, and December. Could six-figure Bitcoin be here by Christmas? After six months of price consolidation, we've seen the first higher daily close since March.
China's largest stimulus package since COVID and the Fed's aggressive rate cuts are boosting global liquidity. ETF inflows are increasing, and over $1 billion in shorts is on the verge of liquidation. The stage is set for Bitcoin's next major bull run.
As Bitcoin approaches price discovery with ETFs unlocking new capital, we could be on the verge of a "God candle" moment when Bitcoin skyrockets. Stay cool, don't overextend, and keep a long-term view. You're not late; you're just in time for the fireworks.
Enjoy!
Tick tock next block,
The Swan Education Team
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Quote of the Day
“That's one of the beautiful things about Bitcoin: no one is bigger than Bitcoin.”
- Jack Mallers
Job of the Day
Full-Time Open Source Rust Maintainer
Remote: Anywhere
Position: Full-Time
Department: Engineering / Open Source
The Bitcoin Dev Kit (BDK) Foundation is seeking proposals for a full-time Rust maintainer to support the ongoing development and maintenance of the BDK suite of open-source software. We invite qualified individuals to submit grant applications for this critical role.
Grant Overview
Position: Open-source Rust library maintainer
Duration: Minimum 1-2 years, full-time commitment
Focus: Maintaining and improving the BDK Rust codebase
Key Requirements
Strong Rust development skills with experience in API design and usage
Demonstrated ability to contribute to open-source projects, particularly in the Bitcoin ecosystem
Solid understanding of Bitcoin on-chain protocols and technology
Excellent communication skills and ability to work effectively in a team
Commitment to mentoring and supporting other developers in the BDK and Bitcoin community
Willingness to contribute to non-coding aspects of the project (e.g., documentation, CI, release management)
Desired Qualifications
Vision for maintaining and improving the overall BDK Rust codebase
Specific proposals for new or existing BDK Rust features or modules to improve and maintain
Engagement with upstream projects (e.g., rust-bitcoin, rust-manuscript, etc.)
Involvement with downstream projects utilizing BDK
Understanding of or experience with related protocols (e.g., Lightning, e-cash)
Active participation in your local Bitcoin community
Potential to start or work for a project/company using BDK in the future
Proposal Guidelines
Your grant proposal should include:
Your background and relevant experience in Rust and Bitcoin development
Examples of your contributions to open-source projects, particularly in the Bitcoin ecosystem
Your vision for maintaining and improving the BDK Rust codebase
Specific ideas or proposals for features or modules you want to work on
How you plan to engage with the broader BDK and Bitcoin developer community
Any additional skills or experiences that align with the BDK Foundation's mission and goals
Evaluation Criteria
Proposals will be evaluated based on the applicant's technical skills, open-source contribution history, alignment with the BDK Foundation's mission, and potential impact on the BDK ecosystem.
Submission Process
Please send your detailed grant proposal to grants@bitcoindevkit.org. Include "Full-Time Rust Maintainer Grant Proposal" in the subject line.
The BDK Foundation supports diverse voices in the Bitcoin development community. We encourage applications from all backgrounds to apply.
Please visit our website for more information about the BDK Foundation and our grants program. We look forward to reviewing your proposals and welcoming a new member to our team of open-source developers working to improve Bitcoin application security, privacy, and usability.
Not your particular skill set? Check out all the Bitcoin Jobs at bitcoinerjobs.com.
In the Headlines
Binance Founder Zhao Released From U.S. Custody, Bloomberg News
According to Bloomberg News, Binance founder Changpeng Zhao was released from a California correctional facility on Friday.
The former CEO had been sentenced to four months in prison earlier this year after pleading guilty to violating U.S. anti-money laundering laws.
On This Day in Bitcoin History
2010 - Satoshi Nakamoto on Bitcoin Transactions | BitcoinTalk Forum
On September 30, 2010, Satoshi Nakamoto, Bitcoin's pseudonymous creator, emphasized the critical importance of transaction confirmations for security and reliability within the Bitcoin network.
Satoshi noted that unconfirmed transactions should not be prioritized or spent, highlighting them as "second-class citizens" compared to confirmed transactions.
This guidance continues to shape the Bitcoin community's understanding of transaction processing. It reinforces the core principles of Bitcoin's decentralized structure.
Swan Shortie of the Day
Event of the Day
Bitcoin Amsterdam
Dates: October 9-10, 2024
Location: Westergas, Amsterdam
Following the landmark global Bitcoin Conference held in Nashville this July, where U.S. presidential candidates Donald J. Trump and Robert F. Kennedy captivated audiences, Bitcoin Amsterdam 2024 is poised to be another historic event in the global Bitcoin industry.
Exploring the future
This year's conference theme invites participants to delve into Bitcoin's future. Over the past 15 years, Bitcoin has evolved from an obscure digital experiment to a central player on the global financial stage.
This event, which will include plenty of educational sessions and opportunities for networking, focuses on shaping the future of the Bitcoin ecosystem.
With an expected attendance of 5,000, Bitcoin Amsterdam 2024 is one of Europe's most significant Bitcoin events this year. Last year's conference featured notable speakers such as Edward Snowden and Eva Vlaardingerbroek.
This year promises other influential voices discussing how freedom, finance, and technology converge in Bitcoin. Among the first speakers announced are Jack Mallers, CEO of Strike, and Stella Assange. The lineup is expanding daily, and more speakers will be unveiled in the coming weeks.
Secure your spot: Tickets and updates.
As excitement builds, ticket prices will increase as the event approaches. Attendees are encouraged to secure their tickets early to participate in this pivotal conversation on Bitcoin's future.
For more details, to purchase tickets, and to stay updated on speaker announcements, visit: Bitcoin Amsterdam 2024.
Not in town for this? Check out all the Bitcoin events at bitcoinerevents.com.
Meme of the Day
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