Avatar
Supiter
9794bdd177300afe4a854d55262fafd56b74cc823a24b1b90ef51dba6498f366
Ride the Lightning | Node runner on Debian

Under $100k per #btc consolidation might take a while. There will be attempts to hit it. Don’t get discouraged if it takes a couple of months. #bitcoin

Just used LN for instantly sending $350 of #BTC. Flawless. I remember when you couldn’t send $100 worth. No invoices, just a lightening address. As easy as email. It’s getting better by day. How much have you sent without issues?

How is PayPal still not in the #bitcoin backed loans game? Figure will benefit immensely by being first.

Remember that shitcoins are an attack vector on #bitcoin like anything else that’s trying to dilute its value and pretends to increase the supply of 21 million. They are parasites piggybacking on the #btc success. We must fight back as a community. Not many wars are won by being passive. Not many parasites go away on their own.

All Bitcoin people are trying to exactly avoid this, while the #eth crowd, that’s more prone to gov attacks, actually invited this.

Is it just me or is it the government inside the Trojans horse trying to enter the Ethereum network based on how things will play out in the future? #pos #eth #bitcoin

Some simplified 4D chess here. #bitcoin #eth #etf

#GBTC is NOT experiencing pressure to lower fees. This is the only chart they care about. (See below) Fiat returns on the trust. As #bitcoin goes to $100k + they will keep milking fees for as long as they can. Even if another 250k of #BTC leaves the trust, they will still sit on a cash cow worth milking. They promise to lower fees but my guess is that they will stretch this as long as they can and eventually go to 99 basis points. Over the next couple of years, they will end up with ~100k #bitcoin, which will still be worth $10B minimum. 1% of $10B is $100M in fees yearly.

How do you get a custom user@primal.net lightning address? Mine is a random one. I’d love to change it. #primal #primalapp #primal-app

Here is your $10k candle! Only the wrong direction :) #BTC. High for the day is $69k and low is $59k. Volatility is back and that’s how you clime to 2-3x of the previous all time high. Not an advice but this should be good for BTC/USD exchange rate. The daily volume looks huge! #bitcoin

This is what infinite buy bids look like on #BTC. Will we correct? Of course. Do I expect 30% corrections on the way up and a 60% retrace into another bear market? YES! You can’t change human psychology. The timechain captures the intricacies of human fear and greed. What’s important is that higher price floors are an undeniable pattern newbies should not ignore. This is much easier to understand once you only focus on #bitcoin as a unit of a count. #21Million

What’s hard to grasp is that the #bitcoin ETF buyers are price agnostic. They’re fulfilling a certain allocation percentage in their portfolio regardless the price. #BTC

Lightning invoices are kind of a pain in the butt. Lightning addresses on the other hand ROCK! Every #BTC wallet and lightning wallet should support lightning addresses. What’s easier than the idea of sending payments at “email addresses” in laymen’s terms. #bitcoin Send me sats to supiter@stacker.news

It’s getting old another DB breach. #swan data leak - email addresses exposed at least. #btc #bitcoin. Once you start using dedicated email address for every account you have, you see who has top Op-sec and who just doesn’t. #Gemini #blockstream #swan all got their email databases exposed in the last year or two. It’s tiring. Fix your shit, encrypt your data and don’t store flat files. It’s not that hard.

Replying to RajatSoniFinance

Over the last year I sold my stocks

I now keep 100% of my savings in #BTC

My wife and I still own our primary residence and she still owns some stocks (she wants to diversify)

It took me 3 years of studying #Bitcoin    to realize this is the least risky way to save for the future

I believe Bitcoin will outperform everything as a savings vehicle

FOREVER

I plan to hold my BTC for at least 10 years

I am aware of the potential of 70-90% drawdowns along the way

I don't care

Most people don't consider the counter-party risk associated with holding shares of a company

Owning stocks is very risky compared to owning BTC  once you understand how Bitcoin works

Risk is the chance of total loss - a company can go bankrupt, the CEO could make a terrible decision that destroys the company's reputation, etc

When you own stocks, you rely on governments to make decisions that can have a massive impact on the value of your savings

People are easily corrupted and it can be hard NOT to make decisions that are for their own benefit, especially when presented with a threat or a big bag of cash

You have no idea what's going on in the background

Bitcoin doesn't have these risks

There is no central party that controls the Bitcoin network

There is nobody to sue

Bitcoin is software that cannot be coerced

All decisions are based on market consensus

I would rather rely on neutral and incorruptible software to keep doing what it's meant to do, over CEOs and politicians who don't care about me as an individual

Same!

#POW - proof of work! River now has no fees on #DCA buys. This was a spot buy.

Another sizable #DCA into #BTC at under $40k/coin. Who is with me? I have been buying $1000 per day as long as #Bitcoin is under $40k. I only buy $500/week normally but with a discount like this, how can you pass it up? #BTFD

Another day, another #DCA #bitcoin buy under $40k/coin. You gotta love it! I can’t believe newcomer boomers have this opportunity of a lifetime. #btc