Replying to Avatar btconboard #LNHANCE or #CTV

Imho if you’re sufficiently bullish on Bitcoin any UTXO under 100k sats is a mistake, and even under 500k might be sooner than you think. What’s the point in stacking sats in tiny UTXOs so they become cost prohibitive to spend? Everyone must decide trade offs for themselves, but that’s mine. Maybe I’ll be proven wrong. Excited to see.
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The Daniel 🖖 2y ago

A lot of people won’t understand this, but it makes a lot of sense to consolidate UTXOs while fees are low.

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B.O.P 2y ago

Damnnnnnn I gotta consolidate this weekend

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B.O.P 2y ago

This was the warning I needed

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GHOST 2y ago

I don’t fully understand it. Can you have UTXOs that are too big? Like consolidate the whole stack into one?

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btconboard #LNHANCE or #CTV 2y ago

This article by unchained is a great walk through with actual numbers:

https://unchained.com/blog/small-utxo-bitcoin-dust/

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GHOST 2y ago

A very good article. I’m considering starting a yearly consolidation for my UTXOs

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The Daniel 🖖 2y ago

I didn’t really understand UTXOs until I read Inventing Bitcoin by nostr:npub1fqn4fgzkk8nm2x3wd600n935c9tc7xgg9jhk5dfa0kuvrgvsyv7sgu536l where this page really broke it down for me.