@LowFeesBuddy
606 sats stacked
stacking since: #112648longest cowboy streak: 1
bio
30 items
by
for
10 sats \ 0 replies \ @LowFeesBuddy 26 Mar 2023 \ on: Lightning Network use case for efficient stacking bitcoin
Here's an idea:
  1. Install lndhub on your node.
  2. Install bluewallet on your client's, pointed to your node.
  3. Add a lightning wallet on your client's bluewallets (they are pointed to your lndhub)
  4. Set them up on Kraken.
  5. Ask them to buy BTC via Kraken and withdraw via lightning to their wallet.
  6. Then they pay you via lightning to your wallet (which is also on bluewallet connected to your node). As it's a local payment fees are 0.
Good thing is that you become their banker effectively, and as soon as they withdraw from Kraken (and before they pay you) their money becomes part of your node's liquidity.
You'll just need a massive channel to Kraken with loads of inbound liquidity.
0 sats \ 0 replies \ @LowFeesBuddy 21 Mar 2023 \ on: African Bitcoiners Update #18: Celebrating our First Quarter Wins. bitcoin
I'm glad to have two channels to african nodes, I hope I'm contributing to adoption over there!
0 sats \ 0 replies \ @LowFeesBuddy 14 Mar 2023 \ parent \ on: Orange pill bitcoin
This is the one: The Rise and Rise of Bitcoin
1 sat \ 1 reply \ @LowFeesBuddy 14 Mar 2023 \ on: Orange pill bitcoin
What about some movies? There are a few bitcoin movies, I like the one with the guy preparing a barbacue while has some mining equipment in the garage.
0 sats \ 0 replies \ @LowFeesBuddy OP 13 Mar 2023 \ on: The Times 12/Mar/2023 SVB: multibillion-pound bailout for UK tech planned bitcoin
Deja vu?
Satoshi embedded the following message in the first bitcoin block: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.”
The Times 12/Mar/2023 SVB: multibillion-pound bailout for UK tech plannedwww.thetimes.co.uk/article/silicon-valley-banks-fall-is-a-threat-to-uks-tech-start-ups-sfngfjzll
0 sats \ 1 comment \ @LowFeesBuddy 13 Mar 2023 bitcoin
30 sats \ 1 reply \ @LowFeesBuddy 26 Feb 2023 \ parent \ on: What is the income of your LN routing fees? bitcoin
I was making something like 20 sats a day with a hands off approach. Then I started opening lots more channels (to good nodes), automatically adjusting fees with LNDg, rebalancing channels heavily, and improved that income 20x times. Still not great and it doesn't even pay probably for the electricity it uses, but it makes me proud.
6 sats \ 0 replies \ @LowFeesBuddy 21 Feb 2023 \ on: Stacker News is the most delightful Lightning experience bitcoin
The evolution of a bitcoiner:
Reddit --> Stacker News Twitter --> Nostr
1 sat \ 1 reply \ @LowFeesBuddy 20 Feb 2023 \ on: Nostr/Alby/etc..: How to setup LNURL(P) Proxy using Github Pages nostr
Great guides, how about a guide to set up lnurl with your own node and own wallet connected to your node (like Bluewallet using lndhub).
270 sats \ 0 replies \ @LowFeesBuddy 18 Feb 2023 \ on: I'm an LN maxi. Are we on the cusp of major network effect? (sats for replies) bitcoin
I love Lightning, I just did a batch open to 4 new nodes yesterday, and I also opened channels to a couple of fellow noderunners I found in Nostr. I love the lightning integration there with "zapping". At the moment only available in the Damus testflight version and a few other clients, but I believe when Damus with zapping hits the official App store, lightning payments are going to explode. Think Twitter but with an additional "Like" button with a lightning icon that sends a predetermined (in your settings) amount. It's really fast an effiecient.
0 sats \ 0 replies \ @LowFeesBuddy 11 Feb 2023 \ parent \ on: Daily discussion thread
You need the latest Damus version from testflight (if you are not in the testflight beta, wait till this version appears in the App store).
This version by default only shows paid relays on the global. So then you just need to purchase a few. I bought the same ones as Jack Dorsey:
1 sat \ 3 replies \ @LowFeesBuddy 5 Feb 2023 \ parent \ on: Nostr and Damus is trending on Github nostr
There should be a client config to show only posts in one or two languages. If hard to implement it could also filter by character set.