Stacker Saloon \ stacker news

120 comments \ @saloon 17 Jun \ yesterday

Howdy there, partner! Welcome on into the Stacker Saloon.

Saddle on up to a stool and spill the beans about your day, fire away with them questions, or let loose and give us the lowdown on your wild and woolly life. We're all ears, so don't hold back!

We're open round the clock, so mosey on in whenever you please!

0 sats \ 0 replies \ @cryotosensei 18 Jun

The word “conversation” was derived from the Latin “conversare,” which means an exchange of ideas and sentiments. Incidentally, the meaning of the Spanish word “con” is “with”.

What important conversations are you having today?

0 sats \ 0 replies \ @Bitcoinisawesome 18 Jun

A poker hand:

.25/.5 in club GG. QThh in CO 180bb eff.

hero open to 2.5bb, fold to BB who 3b to 9bb. hero call

flop (18bb) Js Qd 3d. villain bets 10bb. hero call.

turn (38bb) 9s check check

river 9c check check

hero wins showdown against AKdd

0 sats \ 0 replies \ @IgnaciobTato 18 Jun

https://x.com/woonomic/status/1801727009602646427

ETFs are buying... Institutions are buying... Who the hell is selling?

2024 brought a mass of commentators looking at ETFs flows, as if that's all that matters. What matters is total demand and supply. Here's a 101 thread on how the modern #Bitcoin market works.

First, let me tell you who is selling. The OGs. They are selling They have more BTC than all the ETFs put together... 10x more. And they sell into every bull market.

We are now in the modern age of BTC. Paper BTC has flooded the market since 2017. Futures markets. If you want to buy BTC, it used to be you had to buy real BTC. You can now buy paper BTC. Thus a no-coiner can sell you that paper. Together you have made a synthetic BTC.

That would-be demand for BTC gets diverted to paper BTC, fulfilled by counter traders who have no BTC to sell, they just have USD to back their bet. In the old days, BTC would go on an exponential run because the only sellers was a trickle from the OGs and an even smaller amount from miners with their newly mined coins. Today the magic of paper BTC is what you want to watch.

The 2022 bear market was dictated by a flood of paper BTC when spot holders didn't really sell. In this current bull, I have marked where paper increased, these were times when price didn't rally. We are in one of these right now.

So... not a great idea to look solely at ETF buying. On-chain data... derivatives data... technical price action... All of these add to the demand and supply picture. Putting it together is an art, not a quantifiable science. Everyone is just making educated guesses.

0 sats \ 0 replies \ @SatsMate 18 Jun

Any cool fitness communities in the bitcoin world? I'm doing a marathon in hawaii this december. Would be cool to have a bitcoiner running bro/gal.

0 sats \ 0 replies \ @Maximux 17 Jun

What's new regarding the future construction of Bitcoin City in El Salvador?🤔

10 sats \ 0 replies \ @Kontext 17 Jun

Day 143 of the #100aDayTil100k challenge, sets breakdown: 4x32 normal/narrow; Total: 128 (Day 247 of 100+ pushups per day in total; day 146 of 120+ pushups per day)

10 sats \ 0 replies \ @Undisciplined 17 Jun

100!

220 sats \ 5 replies \ @k00b 17 Jun

I got really obsessed with Japanese wood pencils last night and stayed up until 2am researching pencils and pencil accessories.

I went on a wood pencil bender in college too, trying to find the right pencil for me, but there wasn't nearly the same level of variety.

0 sats \ 4 replies \ @plebpoet 18 Jun

did you make purchase?

100 sats \ 3 replies \ @plebpoet 18 Jun

drop links

0 sats \ 2 replies \ @k00b 18 Jun

I’m going to give some tombow 8900’s a shot. I got both HB and B, not knowing how dark they actually are. I’m not sure I’ll fare well without an eraser tip but we’ll see.

I also got a kum sharpener even though my color pencil sharpener from college is already really good.

0 sats \ 1 reply \ @plebpoet 18 Jun

a what sharpener????

40 sats \ 0 replies \ @k00b 18 Jun

It’s German for jizz

171 sats \ 0 replies \ @plebpoet 17 Jun

Dune Quote of the Day

Is your religion real when it costs you nothing and carries no risk? Is your religion real when you fatten upon it? Is your religion real when you commit atrocities in its name? Whence comes your downward degeneration from the original revelation? Paul Atreides

176 sats \ 2 replies \ @Natalia 17 Jun

Something I have learned recently: if you subtract all the noise, there are really not many things worth paying attention to.

The hard part is how to trace out the sources or at least getting closer.

21 sats \ 1 reply \ @EntropyBearer 17 Jun

I guess that's our challenge in modern society: filter out what really matters. But I think, with each good source we find, we get better at recognizing other good things later.

0 sats \ 0 replies \ @Natalia 17 Jun

with each good source we find, we get better at recognizing other good things later.

Yes, a good source leads you to other good sources:)

47 sats \ 6 replies \ @bief57 17 Jun

Hello! I have a question, are you also paying 11 sats for each comment that has a photo? It's been happening to me since yesterday. If I put 2 photos then there are 21 sats and so on and in the posts too, the more photos the more sats. It is the first time that it happens to me. Did they change anything in SN?

0 sats \ 4 replies \ @WeAreAllSatoshi 17 Jun

IIRC when @ek added the support to upload an image to SN, you do get charged for it. Can you confirm, ek?

100 sats \ 3 replies \ @ek 17 Jun freebie

50MB are free per 24 hours, after that it's 10 sats per image until 75MB, then 100 sats until 100MB, then 1k sats.

@bief57, looks like you hit the 50MB limit with this post and other pictures in the last 24 hours.

We set the limit to 50MB in February since that looked reasonable but we can probably increase it.

0 sats \ 2 replies \ @WeAreAllSatoshi 17 Jun

Nice, thank you for this detailed explanation!

Is the 24 hour window rolling? Is this fee rate documented anywhere?

0 sats \ 1 reply \ @ek 17 Jun freebie

Yes, it's a rolling window.

Is this fee rate documented anywhere?

Mhh, not really 👀 I can add it to the FAQ.

0 sats \ 0 replies \ @Undisciplined 17 Jun

That's news to me

0 sats \ 1 reply \ @Bell_curve 17 Jun

I received this error message:

failed to zap 21 sats: Invalid prisma.$queryRawUnsafe() invocation: Timed out fetching a new connection from the connection pool. More info: http://pris.ly/d/connection-pool (Current connection pool timeout: 10, connection limit: 2)

0 sats \ 0 replies \ @ek 17 Jun freebie

Should have been a temporary issue

69 sats \ 0 replies \ @bief57 17 Jun

A 5 soles bill from 1877 (Peru)

52 sats \ 0 replies \ @gnilma 17 Jun

Good morning stackers.

Day 141 of 100 push ups till $100k completed.

51 sats \ 0 replies \ @BitcoinIsTheFuture 17 Jun

Two day trip with just the wife in Minneapolis. Super rainy but we’ll find some fun stuff!

31 sats \ 0 replies \ @flat24 17 Jun

And Buy Bitcoin 💪🤠⚡

52 sats \ 1 reply \ @TNStacker 17 Jun

Chop wood - carry water

Stack Sats - Stay Humble

41 sats \ 0 replies \ @0xbitcoiner 17 Jun

31 sats \ 7 replies \ @BlokchainB 17 Jun

Am I supposed to care about Juneteenth?

71 sats \ 6 replies \ @TNStacker 17 Jun

You don't have to, but you are welcome. We've celebrated without others for over a century. Black people want the freedom to do our thing. But whatever we do, it seems the larger culture likes to absorb, appropriate, and exploit. So do feel ok about not caring. You are welcome to join celebrations or just enjoy a paid day off. I'll ask you to not shit on it, though. If that is your intent. But he'll it's a free country. You can do that, too!

21 sats \ 1 reply \ @BlokchainB 17 Jun

Nah never had the intent to shit on anything. It’s just a legitimate question. Growing up I never celebrated it or even knew it was a thing. Now it’s an official holiday I’m asking should I go to these events that my local area is putting on

100 sats \ 0 replies \ @TNStacker 17 Jun

If you like cultural festivals with food, music, art, and history, go.

21 sats \ 3 replies \ @Undisciplined 17 Jun

It may have been elevated to federal holiday status as a woke virtue signal, but if people look up what it actually is, it's hard to argue that it isn't commemorating something important.

What are the staples of traditional Juneteenth celebrations?

92 sats \ 2 replies \ @TNStacker 17 Jun

It started in Texas, so BBQ, music, dancing. Red things, including decorations, food and drink (honors the blood of the ancestors), so red drink (sodas, etc.) red velvet cake and watermelon. There is a historical component where there the telling of family freedom history and stories.

Many communities now have festivals. Find one and enjoy! The one in Oakland, CA is huge and has gone on for decades as lots of Texans migrated there.

71 sats \ 1 reply \ @Undisciplined 17 Jun

Thanks. BBQ's never a hard sell for me. Between Fathers Day and Juneteenth, this is quite a BBQ week!

71 sats \ 0 replies \ @TNStacker 17 Jun

Man, I smoke turkeys for Thanksgiving and Christmas, so you know I BBQ all summer!

32 sats \ 0 replies \ @Nadia 17 Jun

81 sats \ 0 replies \ @RealCoachAndy 17 Jun

Good morning fellow stackers, hope the weekend was enjoyed and relaxed, a new week has begun, so, set your strategies for the weekly goals, getting things done mood all set as well and let's do this gang, may your week be fruitful, successful and full of love, it's important to get the first day amped otherwise it will take a tad more to get things in motion. We've got this my friend, thank you for being and thank you for existing. You're absolutely amazing and what you do matters, let's get out there and show the week who's boss, as always, be well and stay frosty!!!

42 sats \ 0 replies \ @0xbitcoiner 17 Jun

Which Team Do You Think Will Win UEFA Euro 2024 ? #576533 ~Stacker_Sports | 3000 sats bounty ⚽ Submit your bet until tuesday June 18

42 sats \ 1 reply \ @WeAreAllSatoshi 17 Jun bot

Day 182 of posting mining earnings from the day before: 868 sats on 16Jun2024! Running total: 105,829 sats!

Yesterday's comment

0 sats \ 0 replies \ @WeAreAllSatoshi 18 Jun bot

Day 183's comment

41 sats \ 2 replies \ @Taft 17 Jun

What's the point of freedom if you don't have the freedom to make mistakes? 🤔

54 sats \ 1 reply \ @Lux 17 Jun

The point of freedom is to be responsable for our mistakes.

0 sats \ 0 replies \ @Taft 17 Jun

Exactly

142 sats \ 2 replies \ @StillStackinAfterAllTheseYears 17 Jun

Day six of unemployment. Mind you, took the weekend to do weekend stuff (especially on Father's Day), so only day four of doing something about it. My separation agreement keeps our LinkedInLearning access open for another week, so going to see about any useful courses I can get certificates from (as well as continuing to pound the virtual pavement).

21 sats \ 1 reply \ @chaoticalHeavy 17 Jun

useful courses I can get certificates from

Good luck. My employer paid for Linkedin Learning and I couldn't find any good courses in my field.

30 sats \ 0 replies \ @StillStackinAfterAllTheseYears 17 Jun

Thanks! There are some decent cybersecurity ones that I'm looking into.

244 sats \ 8 replies \ @Natalia 17 Jun

It amazed me how people in the past were capable of doing with bare hands.

photos taken from a mosaic museum

21 sats \ 1 reply \ @BitcoinAbhi 17 Jun

All pics are awesome but the last one is very creative. It seems the eyes are looking at you

11 sats \ 0 replies \ @Natalia 17 Jun

it's placed specially in a dark room, really intense looking.

114 sats \ 5 replies \ @carlosfandango 17 Jun

Stunning

71 sats \ 4 replies \ @Natalia 17 Jun

I could be wrong, but it seems art is a continuation of each civilization. They might be coming to an end, but the art is still going on, being improved by later generations, e.g., I can clearly see that some patterns are passed down from here, but here probably not the sources too.

90 sats \ 3 replies \ @carlosfandango 17 Jun

Art is the highest manifestation of a culture.

The first art was body art, dance, song… then its a representation and celebration of life and its struggles (hunting scenes) in the sanctuary of natural caves and then finally art within architectural wonders and showing geometric shapes and perspectives of human design. Each example builds on the other but it’s never truly bettered.. just maintained and evolved.

The library at Alexandria, its papyrus secrets, was a classic centralisation of knowledge, vulnerable to attack…. In contrast traditional communities may by forgotten but their influence echoes through eternity.

Maybe Bitcoin is higher art..

41 sats \ 2 replies \ @Natalia 17 Jun

Art is the highest manifestation of a culture.

and then each culture is interconnected, I can't tell you how much so-called Turkish art is "learned" from others 😂 but indeed it got maintained and evolved here.

Maybe Bitcoin is higher art..

👀 the signal within all the noise, self purifying?

84 sats \ 1 reply \ @carlosfandango 17 Jun

All is connected..

Bitcoin as unchanging art.. it changes us. Interesting thought.

10 sats \ 0 replies \ @Natalia 17 Jun

indeed, music to @DarthCoin's ear.

62 sats \ 0 replies \ @suraz 17 Jun

195 sats \ 0 replies \ @Lux 17 Jun

Barratry

The word barratry was first used within Admiralty law and means “misconduct by crew of a ship resulting in its damage”. However, within Common Law it means “litigation for the purpose of harassment or profit”.

If an employee working for a corporation should initiate litigation against you, without a contract, then they have committed barratry, and if said corporation is “for-profit” then the employee has done so for financial gain.

Until the year 1888 barratry was a capital offence, and, although it is still punishable by imprisonment today, fines are usually paid.

112 sats \ 1 reply \ @Carresan 17 Jun

GM! Day 39 of my 10000 daily steps challenge. Yesterday I was not able to complete it, though back to the road again early this morning.

0 sats \ 0 replies \ @Carresan 18 Jun

Day 39 completed!

41 sats \ 0 replies \ @riberet19 17 Jun

Day 46 of posting till next Bitcoin halving

158 sats \ 1 reply \ @zana 17 Jun

Taking a break from work. Have a sweet time stackers 😊

20 sats \ 0 replies \ @riberet19 17 Jun

Enjoy your break!

202 sats \ 5 replies \ @orthwyrm 17 Jun

Day 429 of snailposting everyday 'til BTC hits $100k.

__@_'-'

50 sats \ 0 replies \ @BlokchainB 17 Jun

👍

60 sats \ 0 replies \ @memeverse 17 Jun

I haven't posted snails in a while.. I missed it!

Slowly but surely towards bitcoin!

81 sats \ 0 replies \ @carlosfandango 17 Jun

And there was much rejoicing..

110 sats \ 0 replies \ @suraz 17 Jun

110 sats \ 0 replies \ @0xbitcoiner 17 Jun

41 sats \ 3 replies \ @cryotosensei 17 Jun

It’s hard to imagine since I’m so prolific here, but I was anxious before I posted my blog article on my country’s famous personal finance FB page called Seedly. I was afraid of being judged. But I put aside my ego and posted the link anyway.

These two Likes made me feel good as a writer ✍️

49 sats \ 2 replies \ @carlosfandango 17 Jun

Well done. Lean into the uncomfortable.

20 sats \ 1 reply \ @cryotosensei 18 Jun

Thanks! I copied down the phrase, knowing that you have a habit of deleting your comments haha

0 sats \ 0 replies \ @carlosfandango 18 Jun

lol. leave no trace….

101 sats \ 1 reply \ @carlosfandango 17 Jun

Monday snail check?

21 sats \ 0 replies \ @suraz 17 Jun

Snail went to job coz its Monday 🐌

83 sats \ 0 replies \ @siggy47 17 Jun

I got my copy of "Resistance Money" over the weekend. I hope to start reading it soon when I get some time:

https://www.resistance.money/

124 sats \ 4 replies \ @suraz 17 Jun

The PLAN is to MOVE. Move up, move down, move right, move left, move out, move in. But always move smarter.

0 sats \ 0 replies \ @Lux 17 Jun

51 sats \ 1 reply \ @cryotosensei 17 Jun

But what if you move in the wrong direction?

21 sats \ 0 replies \ @suraz 17 Jun

That's out of plan and stupid hihi

51 sats \ 0 replies \ @0xbitcoiner 17 Jun

136 sats \ 26 replies \ @Natalia 17 Jun

sharing my thoughts on the cowboy hat

how about making your work so great that you don't need to have a hat to be remembered or stand out; enjoy being around when you feel like to instead of being forced to be around every day. 🤔

POW > hat.

75 sats \ 4 replies \ @Carresan 17 Jun

I have lost mine today after 33 days. Just a bad day yesterday.

125 sats \ 3 replies \ @siggy47 17 Jun

How do you feel about it? I guess the correct response would be oh well, no big deal. I think the longer you have been on SN, and the greater your commitment, the more this stuff matters.

75 sats \ 2 replies \ @Carresan 17 Jun

No problems, I understand that I was disconnected yesterday. It’s impossible to be online everyday.

21 sats \ 1 reply \ @siggy47 17 Jun

You are emotionally healthy, unlike some of us😀

54 sats \ 0 replies \ @Carresan 17 Jun

Yeah, just ok. By the way , just founded again the hat!! 🤣

75 sats \ 1 reply \ @suraz 17 Jun

Cowboy hat = how much you are active on SN.. Just that.

54 sats \ 0 replies \ @Natalia 17 Jun

But the hat only shows you the tip of the iceberg, like the news - do you think that's all happening? 👀

64 sats \ 12 replies \ @siggy47 17 Jun

@elvismercury was talking about the stress of maintaining or losing his hat recently. Collectivly we give it meaning, though it's sort of meaningless.

54 sats \ 11 replies \ @Natalia 17 Jun

exactly!

33 sats \ 10 replies \ @siggy47 17 Jun

Are we starting a revolution?

54 sats \ 8 replies \ @Satosora 17 Jun

Did you hide your hat?

20 sats \ 7 replies \ @siggy47 17 Jun

What hat? Seriously, I hide everything right now. I'm talking about how meaningless a hat is, but I still value it. I'm trying to convince myself. Maybe valueless is going too far. It does recognize a certain commitment to SN, I guess.

84 sats \ 3 replies \ @Undisciplined 17 Jun

I'm not saying that you have a hat, or that you've had one longer than anyone else, but if you did have a hat, would you be able to see it while hiding it from others?

51 sats \ 1 reply \ @siggy47 17 Jun

Yes😀

view replies

75 sats \ 0 replies \ @Satosora 17 Jun

Lol are you asking for a friend?

reply on another page

54 sats \ 2 replies \ @Satosora 17 Jun

To each their own. The hat signifies your own journey.

53 sats \ 1 reply \ @siggy47 17 Jun

Yes. Really what I have been thinking about is, I guess depending on your personality, these types of things can gain importance which is illogical, disproportionate, and maybe unhealthy. I'm suspectible to this😀

view replies

64 sats \ 0 replies \ @Natalia 17 Jun

hahah, since last year? a silent revolution 😂

be the change! and ppl should't feel bad about losing an imaginary hat.

54 sats \ 5 replies \ @0xbitcoiner 17 Jun

I don't understand why the hat should force someone to come here. Is it so important?

81 sats \ 4 replies \ @siggy47 17 Jun

I mentioned yesterday that it reminds me of a corporate job where there is some kind of fake status or award that provides no tangible benefit but everyone wants. It's given meaning by the culture.