Proritizing financial transactions over op_returns ones
In fact it depends on how much the shitcoiners are willing to pay... If you pay 200$ in fees but selling your jpegs more than 200$ then it can continue forever. I started to consider this as an attack on bitcoin financed by gamblers 🤷♂️
Taproot is a soft-fork which means you can run your node without it and not validate taproot transactions. I'm thinking about doing it temporarily because taproot adoption is mostly ordinals as of now.
I'm considering to remove the taproot code from my node temporarily 🤔
If you think this is high fees then wait for mainstream adoption
https://www.youtube.com/watch?v=caCkMX6YdYU
Staying awake is a daily hygiene like taking a shower. Meditation is the cleansing of the mind.
“Those who can make you believe absurdities, can make you commit atrocities.” ― Voltaire
I haven't been around for a week. Good to see Bitcoin pamping and hyperNostrization 🤙
#FreedomIsWinning
NY Times getting rekt with facts 😂
Yes! I'm not on twitter anymore
In this chart the red curve is the bitcoin energy valuation data with a moving average of 300 days as calibration. Historically both the price and the energy valuation behave as a magnet to each other.
Which makes sense because if the price is higher it incentives mining because it's cheaper to get bitcoin through it. If the price is lower it means that it is more expensive to get bitcoins by mining it (on average) so there is a buying pressure and a mining disincentives until parity.
Today we're in a situation never seen before where both the energy valuation and price are rising all while the price is below energy valuation MA.
I'm still trying to figure this out but it could be the consequence of a huge demand right now 🚀
What could be the reason ? Banks failure, bitcoin massively undervalued, ...
Any ideas ?
