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31 sats \ 0 replies \ @Sixjhxnxznsb 23 Oct 2023 \ on: Good cold and hard wallets out there bitcoin
Seedsigner, Coldcard, Jade
What about the NFTs, Ordinals and the conference they held that several "Bitcoiners" boycotted as shitcoin conference ?
Imagine selling a nft for 1.25 BTC. They are also supporting Ordinals which is just a pure shitcoinery.
Oh yeah if i was attending the so called BITCOIN CONFERENCE and i saw these "wizards" dressed in weird costume & promoting shitcoinery on Bitcoin i would be disappointed & mad asf. Who allowed them in the first place ?
How could you justify such shitcoinery like this ?
They are not even contributing much to LN/BTC development ( i can still tolerate Taproot Asset by LL )
Try robosats using Tor Browser or Bisq is also recommended. Fixedfloat can swap your shitcoins to sats on LN or onchain
Key management, it's easy to lost the key and i do not want to trust any password manager. I'm so thankful that we have BIP39, it enables brain wallet
- Chancellor on brink of second bailout for banks
- If you don't believe me or don't get it, I don't have time to try to convince you, sorry
- It might make sense just to get some in case it catches on.
- Orange Coin Good
- Don't Trust, Verify
- Stay Humble Stack Sats
- Not your keys, not your coins
- Tick Tock Next Block, Timechain Don't Stop
Which one's yours ? :)
Zeus Wallet is getting close to this territory as well, they are on their alpha test rn, i assume they will have JIT channels or submarine swap like the others
Yes, there are few ways to do that :
-
Phoenix Wallet. Read the update news for better details. They will charge onchain txfee (+1k sat first time) and add little bit of inbound liq to your channel
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Blixt Wallet. Red the features list for more details. No extra fees but you get no extra inbound liq from their Dunder LSP
Through friend
If your friend asks "why don't you just make an account there" just answer " idk i'm not so techie but this Bitcoin thing seems gonna bring me lots of money"
Benefit : NO KYC BS, taxless purchase
Knowing a btc seller from a meetup or btc meeting
If only any :(
Bitcoin ATM
If only any :(
Gift card like AzteCo usually run out of stock quickly. You are also obliged to trust the gift card provider + the process of acquiring it need small window of trust
P2P market usually are the robust one, Robosats & Bisq > CEX with KYC BS
NOSTR stands for Notes and Other Stuff Transmitted by Relays. The protocol can be as small as 1 client & 1 relay
Notes (text) and Other Stuff (image,video) can be published by users using client. The most popular on mobile are Amethyst & Plebstr (Android) & Damus (iOS)
Relays is where the user's published data being stored. Anyone can run their own version of relay but it's not a obligation to do so.
Relays works similarly like a gossip between a bunch of crowd in a mask party. If i saw Batman attending my party i would store that data in my memory & maybe "gossip" that data by whispering it to my friends.
The friend has no obligation to accept or believe my data, they just operate based on their own interest. And if relay keep forwarding data from one to another, eventually relay that i trusted will show data that other people's published previously.
No one really knows each other in a mask party, unless you selectively reveal yourself to someone else. PublicKey on NOSTR is a long string of numbers & letters but again, you can simply identify/claim a specific pubkey. "Hey i'm gonna come to the party using a red & black mask = Hey this is my pubkey on NOSTR pls follow 🥺👉🏽👈🏽"
In order to access the party i'm gonna need a ticket pass, this ticket pass cost me 0$. But if i lose the ticket i can simply buy another one but i need to reintroduce myself to others at that party. "I should keep this ticket pass securely"
Pubkey, privkey, client & relays are the most important basics of NOSTR. Remind me of something else if i forget any detail
Ok, lets learn how order book works. Let's say there are only Binance & Coinbase in this scenario.
Current price on Binance & Coinbase : 28k
The small detail (like 28032 or 28010 etc) always exist, but for the sake of simplicity lets just skip this part
Here's an example of BUY orderbook on Binance BTC/USDT SPOT market :
at 27930 there are $30000 buy order
at 27860 there are $1000 buy order
at 27790 there are $700 buy order
at 27720 there are $8000 buy order
at 27660 there are $900 buy order
.....
at 26600 there are $1M buy order
The number (price&demand) will vary until all the way down.
Here's an example of SELL orderbook on Binance BTC/USDT SPOT market :
at 28070 there are $30000 sell order
at 28140 there are $3000 sell order
at 28210 there are $400 sell order
at 28280 there are $1000 sell order
at 28350 there are $2000 sell order
......
at 29400 there are $2M sell order
The number (price&supply) will vary until all the way up.
In order for the price to move up 1% (28k to 28280) there has/have to be a market taker that take the order equal to $34.4k ($30k+$3k+$400+$1k)..... but the price will only pump for a very short period of time.
In order for the price to stay at least on that price range, there has to be at least equal amount of buy pressure & sell pressure at the same time.
If sell pressure > buy pressure then price will go down but you can expect a higher lower high since people will FOMO to a pump. The price can go higher if buy pressure > sell pressure
Then wtf does Coinbase has to do with this???
Well the pump only happen on Binance & i only calculated a 1% price pump, for a 5% pump more money needs to be thrown at the instant buy button.
Extra : when price on Binance > Coinbase, traders on Coinbase will see BTC/USDT as underpriced therefore will instantly buy on Coinbase. The trader on Binance also sees their BTC/USDT price as overpriced therefore BTC holder there will immediately sell their BTC for "premium". This is the known as arbitrage trading "You buy where price is low & you sell where price is high"
I only calculate 1% pump, for 5% pump to happen you need to count all the sell pressure between the current market (28k) & your desired price (29.4k).
Let's say the total sell pressure in between those price are 3/7/ or whatever million dollars then that is what number you are looking for
The price could also go crazy when sell order is being removed by the market makers.
THNDR has 6 unique games with various styles & difficulties. My fav are Club Bitcoin Solitaire. Payout only supports LN sats to almost any LN wallet.
ZBD had partnered with multiple game companies to turn a casual game into a Bitcoin LN game. Payout only supports LN sats to ZBD Wallet.
How to Headings. Just simply insert any image url on post/reply section and the image will be prompted automatically. Also works for gif
Example :
"https:
//media.tenor.com/x8v1oNUOmg4AAAAd/rickroll-roll.gif" (no quotes & spaces)
Todays privacy technique :
- Disposable address
- Whisper address
- CoinJoin & PayJoin (coordinated & P2P)
- CoinSwaps
- PayNym
- Coin Control
- Loop in + Loop out (transfer between layers)
- Using Taproot for multisig TX
- Confidental TX (Liquid)
- Lightning Onion Routing
TBD ? :
- Teleport TX
- BOLT 12 Blinded Path
- Point Time Locked Contract
- Taproot Channel (not widely developed)
Muun
Custodial onchain wallet with LN send & receive capability. How ? Submarine swap. That's why your "LN" fee is as expensive as onchain txfee. Backup method is recovery code
WoS
The simplest custodial LN wallet with onchain send & receive capability but sats are stored only on LN. Features : LNaddress, basic LNurl, loop in/out, PoS, auto-pay & email binding
Breez
Self-custodial, keys + SCB are backed on users-selected cloud server, JIT channels, lapps-integrated inside the app & slick asf UI
They are migrating Breez from LND to CLN Greenlight rn
Blink
Basically more complex version of WoS but with stablesats & a lil bit of Bitcoin education.
Nayuta & Electrum
Nayuta & Electrum are underused & i've never tried those before.... Nayuta is another abandonware tho