Hay que tener una un poquito de variedad 😁🥳🥳

#bitcoin ROI per cycle

#bitcoin cycle

🎊🤗🙏🎈🎈🎈🎈🎈linda noche 🎈🎈

Nostr

#bitcoin #Nostr

#nostriches #plebs #plebchain #nostr

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I finished translating "Everything Divided by 21 Million" into Japanese. I read through the Japanese text and make small adjustments. Then it's ready for proof reading 🥳 #bitcoin

Busy discuss by my own about #bitcoin wallets that support both lightning ⚡️ network transcation and onchain transaction.

Custodial and non custodial wallet

Take your time and try to learn from this, notes 📝 of mine just summarized this midnight 🕛

Tanzania 🇹🇿

#Bitcoin only .

Hypothetically, If a person was 50/50 physical #gold and cold storage #Bitcoin, and didn't own or dca into anything else, do they lose their laser eyes?

Today, for a second or third time in a week, I was sitting with my colleges and boss having a break as again they started to speak about BTC ETF, price of it etc.

And again they started to say silly things about the possibility of the network of BTC to get hacked, the risk of BTC in generall, how easily is to lose all your money with BTC, what the TV is telling about it, the crypto-coins, etc.

They know that I am a BTC guy, so they asked me: "what do you say about all these things?"

I preferred not to say anything.

The time to explain them was to short and probably they will not understand most things of it.

Trying to orange-pill people does not work.

I just felt sorry for them about they still had not the chance to realize the hole situation, the propaganda of the mainstream media, the crypto scams comparison with BTC, the FIAT robbery that they are living, the salvation of BTC giving to the people etc.

I wish that all these people will have an "awake" soon and they will come to me again, taking time for hearing.

I think we can do ourselves a big favor by ignoring Bitcoin‘s exchange rates for the next eight weeks. If your position is leveraged consider unwinding.

I've already conceded BTC is a better SoV (so far), my point is that isn't ideal for other aspects like MoE

They don't all look the same. You just chose a convenient time frame. If I wanted to be disingenuous I would zoom in on 2022 XMR/BTC, but I wont. Here is the long term trend of XMR/BTC

Yes, and Bitcoin has it's own utility. A long term SoV or digital asset. This utility is also bought and paid for when needed. It makes no sense for me to buy Bitcoin if I'm going to need to spend it in the short/medium term.

It is not an ideal MoE/currency.

That is a big reason why many in the third world don't use it and overwhelmingly prefer Tether USDT (Despite what some bitcoiners would like to believe).

Or why it grows increasingly rarer to see Freenet markets solely using Bitcoin to transact. Where privacy+cheap txs are paramount Monero is preferred. Some even exclusively.

All depends how often one gets haircuts and how far out one predicts needing them.

You can get discounts for buying anything in bulk.

It would be more expensive to pay for 1 voucher with Bitcoin every time you need one instead of buying many vouchers to hold and use in the short/medium term.

Most users are onboarding to all crypto thru depreciating fiat. That includes Bitcoin.

Any crypto can be swapped to and from Monero, that isn't an exclusive privilege of Bitcoin.

They will call us lucky!

#bitcoin #nostr

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Primal wallet is currently iOS only. Coming to Android very soon. At some point we will also have a web version.

In the meantime, you can use Alby to enable zaps via the web app.

Gold has more annual inflation than Monero and the best SoV for several millennia, so that answer isn't very satisfying. Bitcoiners hyperfocus on supply and ignore demand. Without any demand you can have 1 Bitcoin and it is worth nothing if no one wants it.

Utility brings demand and absolute scarcity isn't necessary for value (I'm not saying Bitcoin is without value either). It's not all or nothing.

Bitcoin maximalists: What are the arguments against monero vs bitcoin?. As far as I can tell it ticks all the boxes of bitcoin and more but NONE of the ones that other shitcoins have (accept for network adoption rate). Privacy is a massive flaw in Bitcoin and its not being addressed by bitcoin devs at all (which itself is frustrating and dubious by its continued absence from discussion) Monero is the best candidate for privacy coin. And since privacy is the TOP feature required by Bitcoin right now, why not use Monero. Coinjoin is complex, expensive and open to supression by regulation. Lightning is not private and also complex. And now that exchanges are blocking tainted coins Bitcoin can't even be considered fungible anymore, let alone private. Why should anyone use Bitcoin over Monero?

Both Replace-by-Fee (#RBF) and Child-Pays-for-Parent (#CPFP) can be effective strategies to get your Bitcoin #transaction confirmed if it's taking longer than expected. Choosing the best approach depends on whether you're sending or receiving the #Bitcoin and the specific details of your situation. Here's a breakdown:

**Replace-by-Fee (RBF):**

* **Use case:** For **outgoing transactions** with a low fee that are stuck in the #mempool (unconfirmed transactions waiting to be included in a block).

* **How it works:** You resend the original transaction with a higher fee, essentially "replacing" the previous one. This #incentivizes miners to pick up the new transaction with the higher fee first, which indirectly confirms the #parent transaction as well.

* **Pros:**

* Can be very effective in busy periods when the mempool is #congested.

* Relatively straightforward to implement in wallets that support RBF.

* **Cons:**

* Not all wallets support RBF.

* There's no guarantee that the new transaction will be picked up by miners, especially if the fee increase is too small.

* Can be slightly more #complex to set up than CPFP.

**Child-Pays-for-Parent (CPFP):**

* **Use case:** For **incoming transactions** with a low fee that are stuck in the mempool.

* **How it works:** You create a new transaction with a higher fee that spends the #unconfirmed Bitcoin from the parent transaction. This increases the overall "value" of the parent transaction for miners, making them more likely to include it in a block.

* **Pros:**

* Works with all Bitcoin wallets, regardless of RBF support.

* Can be very effective for incoming transactions, as miners are #incentivized to confirm the parent to claim the fee from the #child transaction.

* Generally simpler to implement than RBF.

* **Cons:**

* Requires you to have enough unconfirmed Bitcoin to create the child transaction.

* Not as effective for outgoing transactions.

**Additional Tips:**

* **Estimate the optimal fee:** Use tools like mempool.space or btc.com to estimate the current fee level needed for a fast confirmation. Aim slightly higher than the suggested fee to increase your chances of getting picked up quickly.

* **Monitor your transaction:** Keep an eye on your transaction in a block explorer like blockchain.com to see its status and mempool position.

* **Consider alternatives:** In extreme cases, you might need to consider alternative methods like using a Bitcoin exchange with faster transaction processing or waiting for the network congestion to subside.

Ultimately, the best strategy depends on your specific situation and the features of your wallet. If you're unsure, it's always best to consult with a Bitcoin expert or the support team of your wallet provider.

#gm plebchain #til