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What Bitcoin Did

$100K Bitcoin: Is the Cycle Breaking? W/ Checkmate

By Danny Knowles

Aired May 12, 2025 · 1h 16m · Last boosted May 17, 2025

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Show Notes

Checkmate is an on-chain analyst and founder of Checkonchain. In this episode, we get into Bitcoin’s breakout back above $100k and what on-chain data reveals about who’s buying, who’s selling, and whether retail is finally showing up. We also discuss whether the Bitcoin cycles are over, how the global macro shift is influencing hard asset flows, and why gold might be the early signal for a longer Bitcoin run. Finally, we get into the OP_RETURN war. Follow: Danny Knowles: https://x.com/_DannyKnowles or https://primal.net/danny Checkmate: https://x.com/_C...

Nostr Boost Stats

sats
6.4k
boosts
6
boosters
6

Nostr Community

Everyone who has boosted $100K Bitcoin: Is the Cycle Breaking? W/ Checkmate on Nostr, ranked by sats sent, all time.

  1. Clarkian 5k sats
  2. B 400 sats
  3. npub1m0gm4…7lad 350 sats
  4. Wartime 333 sats
  5. AlienHODL 210 sats
  1. High Heel King 100 sats
Other Episodes This Community Boosts Other shows' episodes boosted by people who boosted this episode
Jan 15, 2025
Nostr Boosts:11k
ClarkianJan 16, 2025
10k
Oops, meant to boost more
ClarkianJan 16, 2025
1k
Pretty good song
wartimeJan 16, 2025
333
🔥🍻
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Apr 30, 2025
Nostr Boosts:6.3k
ClarkianMay 2, 2025
1k
Song boost
ClarkianMay 2, 2025
5k
Bitcoin adjacent products are mainly there for institutions that can't hold Bitcoin directly or for tax "advantaged" 401ks/IRAs held by us wage-slaves. When I'm getting %6 match from my employer you better believe I'm putting all that towards Bitcoin ETFs or MSTR. So long as the fiat gains track with Bitcoin AND the system doesn't blow up, there's a good path to one day cash that out and convert into Bitcoin, then live off it by using BTC-backed loan products, inflating away the fiat debt so long as BTC CAGR outpaces the interest. Of course, all other take-home pay goes directly into BTC. These products have their niche, and I think that's what Saylor and Mallers are tapping into
wartimeApr 30, 2025
333
Fuck spammers
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Jul 2, 2026
Nostr Boosts:M021k
npub1m0gm4qa…Jul 7, 2026
250
ClarkianJul 4, 2026
21k
Thanks for all your work, guys. I don't always agree with you but appreciate you regardless. I'm trying to add to the free, private, decentralized apps space based on p2p protocols and design using the Pear stack. So far I have a family/group calendar, family/location sharing and screen time apps. Please check out what I've got so far at https://peerloomllc.com or check out @npub16u9hy2m8w… on NOSTR.
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Sep 11, 2024
100: Hard R
Nostr Stats:2 boosters2 boosts
Nostr Boosts:13k
wartimeSep 13, 2024
3.3k
Just found this show. Bummer it's ending lol 🧡🍻
BGlassSep 12, 2024
10k
Thanks Moe and Adam. A good show to cap it.
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Nostr Boosts:8.2k
BGlassFeb 23, 2026
400
ClarkianFeb 23, 2026
7.8k
Great signal and analysis here. Consider me subbed
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Apr 30, 2025
Nostr Boosts:M01.5k
npub1m0gm4qa…May 4, 2025
350
BGlassMay 3, 2025
400
High Heel KingMay 1, 2025
100
NVK is correct about the hats, they're just ugly 🤣
wartimeMay 1, 2025
333
Real rich listening to NVK complain about using the state when he's the fagot who attacks people in the community with bullshit trademark infringements. That's why I bought a BTClock yesterday. Everybody should buy a BTClock. Fuck NVK in his slobbery stuttering mouth
wartimeMay 1, 2025
333
Pro trip, when using NFC to broadcast your transactions, open up Tor browser first, then broadcast and it will use Tor browser to broadcast your transaction over Tor
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Nostr Boosts:5.5k
BGlassSep 21, 2024
500
👍
ClarkianSep 18, 2024
5k
Wealth preservation through limited supply, decentralization, game theory, etc are the innovation. Bitcoin doesn't need shiny new tech features. Protocol vs software. I don't think he gets it.
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Oct 3, 2024
Nostr Boosts:2.5k
BGlassOct 8, 2024
500
👍
wartimeOct 7, 2024
1.7k
🎉🎉🎉
wartimeOct 5, 2024
333
I heard Steve mention John on Security Now too. I had to lol
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Jan 8, 2025
Nostr Boosts:1.8k
BGlassJan 9, 2025
400
🫡
BGlassJan 9, 2025
400
wartimeJan 8, 2025
333
Ftr btcpayserver has had payjoin for years - anyone with a btcpayserver should turn it on!
wartimeJan 8, 2025
333
I got a bunch of the original Jades for $20/ea New ones look good, old ones sucked
wartimeJan 8, 2025
333
LFG 🔥
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May 10, 2025
Nostr Boosts:M01.3k
High Heel KingMay 11, 2025
100
Appreciate you guys speaking on the Strike loan launch. The hysteria from some people about this has been a little embarrasing.
BGlassMay 11, 2025
400
BGlassMay 11, 2025
400
npub1m0gm4qa…May 10, 2025
350
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Nostr Boosts:M01.8k
BGlassMay 11, 2025
400
npub1m0gm4qa…May 8, 2025
350
npub1m0gm4qa…May 8, 2025
1k
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Sep 25, 2025
Nostr Boosts:M01k
BGlassOct 12, 2025
400
wartimeSep 27, 2025
133
wartimeSep 27, 2025
133
@nevent1qqsfqpr7zgl3ggmtw77can5wydmww269rlwhg06tqkgsvwtsxl0ltcspz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsyg9rshpxnl7s24jpcg65hrr4vnn7zlwf3p8gecqhw7rr34d4kstwrqpsgqqqqqqsssj0u4
wartimeSep 26, 2025
133
🍻
npub1m0gm4qa…Sep 26, 2025
250
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Aug 30, 2024
Nostr Boosts:1.3k
BGlassSep 2, 2024
500
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wartimeSep 2, 2024
333
Nostr + Fountain = 🤌
BGlassAug 31, 2024
500
🫡
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Oct 27, 2024
Nostr Boosts:3.8k
BGlassOct 30, 2024
500
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wartimeOct 29, 2024
3.3k
Happy 17th!! 🔥🎉👏🧡🍻
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Sep 22, 2024
Nostr Boosts:3.8k
wartimeSep 23, 2024
3.3k
Another banger, thank you for your service 🫡
BGlassSep 23, 2024
500
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Sep 12, 2024
Nostr Boosts:3.8k
BGlassSep 16, 2024
500
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wartimeSep 13, 2024
3.3k
🦮🐕🐶🍗🍖🌭 😎
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Sep 15, 2024
Nostr Boosts:3.8k
BGlassSep 16, 2024
500
Lots of laughing out loud by myself with this one
wartimeSep 16, 2024
3.3k
ITM 🍻 Good TotD too
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Sep 8, 2024
Nostr Boosts:3.8k
BGlassSep 10, 2024
500
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wartimeSep 9, 2024
3.3k
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May 9, 2025
Nostr Boosts:M01.1k
npub1m0gm4qa…May 17, 2025
350
npub1m0gm4qa…May 17, 2025
350
BGlassMay 12, 2025
400
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Apr 1, 2025
Nostr Boosts:M01.1k
BGlassApr 2, 2025
400
npub1m0gm4qa…Apr 2, 2025
350
npub1m0gm4qa…Apr 2, 2025
350
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Jul 13, 2025
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BGlassAug 5, 2025
400
wartimeJul 14, 2025
333
I can also confirm that I know someone who has a relationship with their chatbot. He asks it all types of questions, mostly about God and politics. He is an otherwise smart individual, a Latino business owner about 45 years old
wartimeJul 14, 2025
333
ITM 🫡
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Jun 1, 2025
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BGlassJun 3, 2025
400
wartimeJun 3, 2025
333
ITM 🍻
wartimeJun 3, 2025
333
Fav pod 🧨🧨🧨
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May 15, 2025
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wartimeMay 17, 2025
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🧨🧨
wartimeMay 17, 2025
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Fuck Nintendo
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May 1, 2025
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BGlassMay 3, 2025
400
wartimeMay 2, 2025
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Euro Dollar is not what you say. You are thinking of "offshore" dollars
wartimeMay 2, 2025
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ITM 💪
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Apr 10, 2025
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BGlassApr 23, 2025
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wartimeApr 11, 2025
333
Scott Simon whistle clip cracks my shit up every time 😂🧨☠️
wartimeApr 11, 2025
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The phone in the drawer art 😂😂😂☠️
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Jan 5, 2025
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#Nostrudel shout out at the end 🔥
wartimeJan 6, 2025
333
ITM! 🍻
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npub1m0gm4qa…Sep 6, 2025
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BGlassAug 5, 2025
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Oct 4, 2025
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npub1m0gm4qa…Oct 6, 2025
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wartimeOct 5, 2025
133
Bullish on White Noise 🧨🧨
wartimeOct 4, 2025
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Pumping 🟢
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Dec 1, 2024
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BGlassDec 5, 2024
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wartimeDec 2, 2024
1.7k
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Nostr Boosts:M0850
BGlassMay 22, 2025
400
High Heel KingMay 18, 2025
100
Prediction: CTV support picks up steam after Ark goes live for a few months. CTV merged before next halving.
npub1m0gm4qa…May 18, 2025
350
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Episode Boosts

Every boost sent to this episode, as published to Nostr, newest first.

  • 400 via Fountain
  • 100 via Fountain
    Appreciated Checkmate's take on the OP_Return stuff
  • 5,000 via Fountain
    Knots is not maintained by "just one guy". This is a misunderstanding. Please have Bitcoin Mechanic/Grassfed Bitcoin on to get the other side on this. The real issue is mining pool centralization, which is what Stratum v2 was trying to solve, but now Datun has basically solved, and you run that along with Knots. Fix the mining pool issue and you the "spammers will be incentiized to go directly to miners" argument becomes moot.
  • 333 via Fountain
    There is zero risk of running a different implementation of a node. Your keys certainly should never be on your own node. So, there is zero risk. Filter the spam ya cucks
  • 210 via Fountain
    This OP_RETURN stuff has really split a lot of bitcoiners I wouldn’t have expected to see on different sides. My 2 sats: if it’s paying a high enough fee to be mined it is not spam, end of story. Trying to argue what is and isn’t a worthy transaction is a dark road to try and go down. Check’s inscription of his dead dog on the blockchain (which he will have paid for) is just as valid as my random test transactions I’ve made when setting up a wallet. Before you know it they’ll say a ‘monetary use’ has to be above a certain value or something. Spam is data being relayed that isn’t able to be mined. Stop trying to argue the morality of other peoples transactions.