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0 sats \ 0 replies \ @_stacktoshi 21 Jan \ on: The Mempoo Closed Source Project - shows ordinals stuff as poo emojis in blocks mempool
a lot less poo today. stay away from memepool if you don't want to get angry though
0 sats \ 1 reply \ @_stacktoshi 17 Jan \ parent \ on: SpaceX Starship's 7 Stream - 10 PM UTC science
Kablooey!
I think he meant volume of offers vs bids. But any exchange volume could also be fixed relative to some class of buyer or seller e.g. day traders vs. long term investors (retail or institutional)
Look up the definition of "rent seeking" and please tell me how it applies here.
You think the answer to scarce resource allocation is let's get government involved??
Economically illiterate, step-1 thinking CBS reporters implying landlords taking highest bids are the worst of humanity https://youtu.be/surr_WuGHgc?si=rf5k7joRSNGvhs77&t=678
Believing housing will magically be supplied by capping prices and vilifying suppliers who use a market mechanism to determine need ain't gonna get you anywhere, sweethearts.
All we need is wealthy homeless buying more than they need because prices are capped.
I don't fully understand it (some kind of script in OP_RETURN) but each bidder burns their bitcoin bid, then the winner refunds all the losers.
I guess it comes down to demand vs. supply. I'm going to lower my price the longer it takes to sell them/the more people I see selling fork coin. Otherwise I'll raise my price if I see there's very few offers on the market. Buyers look at what's available on the market as well, so they also set their bids accordingly.
Why would your decision to sell the fork coin affect how other people feel about it?
Because there's quite a bit of psychology involved in these trades. It's not just about the decision to sell fork coin, but also what I'm selling it for. I'm expressing some degree of demand for the original over the fork, or in the case the buyer has run out of the original, I'm expressing that I prefer some quantity of their fiat. I might sell 5 fork coins for $100 today, and tomorrow, because I'm desperate to get rid of that shit, I might sell 10 at that price. Other people see that drop and want to dump theirs as well.
Nice piece. Can you please elaborate on why selling forked coin for other goods besides the original coin (such as fiat) wouldn't crash the forked price?
And the nano 3s:
"Avalon Nano 3S is another portable small heater that can generate Bitcoin."
Nice tagline. lol. But they charge way more than 50% or only 50% more hashing.
Would be nice if you could see the profile of these users before adding them (maybe by hovering or tapping on mobile).
If you ever lose your bunker code, if the signers vanish from Earth and it stops working or if it gets stolen by a malware virus you can use your nsec to create a new and invalidate the old one.
Can you please elaborate on this? How is the old one invalidated?
Too bad he didn't say in 2019 dollars. That could have spared him some embarrassment at holiday parties
This is in a tax advantaged retirement account. I will roll it over to a bitcoin IRA at some point, but not while things are taking off
I dunno. I sold RIOT on friday bc of that reported head scratcher that they were getting into AI. I held 100 shares forever and hardly made anything. Just rolled it into MSTR tho.
I totally agree. Just dumped my shares. AI datacenters need cheap energy, so where that's stranded, there could be some synergy, but then there's the latency issue. Not an issue for 10 minute block times.