We really need nostr based dlc contracts with Lightning. Otherwise it's just trust based. Would be sweet.
Dude would not have paid 2M sats...
You know nostr:nprofile1qqsw9n8heusyq0el9f99tveg7r0rhcu9tznatuekxt764m78ymqu36cpz4mhxue69uhhyetvv9ujuat50phjummwv5hszymhwden5te0wahhgtn4w3ux7tn0dejj7qg4waehxw309an8yetwwvh82arcduhx7mn99uuwx66a, it is really too bad he didn't take you up on the 20:1....
Gotta get their coin before the UN 2030 plans kick in! Haha
Literally. Just sub out the credit for a token. 😂😂😂
In fact, I think there actually may be a carbon or green shitcoin for that. Lol
Who the hell wants to work? That's insanity and no way to live. The goal should be to work as little as possible, grow and raise a healthy family, and relax as you see fit.
End of day where? UTC? China? Hawaii?
That's because Tesla cannot get them anymore.
However, ask him if he wants to end government mandating carbon and emissions penalties and requirements globally.
He makes billions of of the nonsense carbon credit market that wouldn't exist without government agencies like the EPA.
In fact, I believe carbon credit are like 25%+ of Tesla's income.
Yep
It is, for sure. Trump isn't a bitcoiner, he's a populist.
Most modern printers can do just fine. The key is in the parameters of the print, printer settings, etc.. my current one is amazing right out of the box(qidi Q1 pro) compared to my previous ender 3 model.
However when tuned right, the ender 3 can produce similar quality and strength, it just takes time and patience to tune it more.
That's the point. 'trust'. Who can be trusted? The risk of rug is real
When I setup my biggedt node, I opened a few channels with larger providers, then just sent some coin to my self on my other nodes over ln.
From there I just loop in and out as needed to rebalance. Although, I don't need to rebalance more than 1x per quarter I'd say.
Hahaha.
I just bought this as a gift for in laws...
It's high trust and easily ruggable though... And it's not secured by Bitcoin network in any way. Cool, yes. For small amounts and groups? Maybe.
For the general masses, I just don't see it?
Seems easier to just write a random number generator that says buy or sell.
😂
$250k being the top this time is laughable indeed.
The top will be no less than 3x the average mining cost of one coin. But could be as much as 6x.
The average mining cost grows regularly and accelerates it's growth during bull markets as higher energy prices become more affordable for mining.
The current average mining cost is $84k. If RIGHT NOW was the peak of the bull run we'd be at $252k per coin MINIMUM.
In 2017 we got to just under 6x the average mining cost at the peak. Without nation state/corporate adoption and no ETFs.
In 2021 we reached just under 3x the mining cost right when China banned mining and reduced that average by over half mid bull run!
March 19th 2021 saw an average mining cost of $20k with a price of $59k. An open market price nearly 3 times the cost to mine.
The price dipped but the mining network continued to grow, hitting $32k with a price of $37k by May 21st.
That SAME DAY china announced it's mining ban:
https://www.galaxy.com/insights/research/examining-the-latest-china-bitcoin-ban/
We were already in a dip, and it turned into a crash.
By Aug 2nd 2021 the average mining cost had plummeted more than half to $15k, and wouldn't recover to above $32k until June 2023!
This is like having Bitcoin mining banned in September of 2017 with the price at $3.6k after reaching $4.7k a few weeks prior. Would've never hit $19k if that happened, and we woould've hit almost $200k in 2021 if it hadn't.
On the currency market we will hit between 3 - 6 times the average mining cost per coin at peak next year. I expect the average mining cost to double to $160k+ which would mean we hit $500k - $1,000K+ on the open market this bull run.
BUT IT IS NOT SUSTAINABLE AT THAT PRICE. The mining network average cost is an anchor on the price. The price needs to stay close to it's marginal cost of production to be sustainable. It detaches from reality during the FOMO mania and when this is realized due to reduced new investment it crashes, to below the average mining cost within a year.
You can increase your position and help the network stabilize and get closer to being a stable unit of account if you arbitrage this difference between the prices on the currency market and the energy market. Sell a little when it's 3x+ the average mining cost, sell a lot when it's 5x+.
Buy back in a year later when it's <1x the average mining cost.
Selling near the top helps to soften the bull peak, buying near the bottom helps to soften the bear bottom. Help Bitcoin become a more stable unit of account and you'll also help yourself grow your position.
This is not day trading and gambling. This is arbitrage between the currency markets and the energy markets.
Never seen this theory. Not that I trust history for future, but I'm curious where your average cost to mine 1 BTC come from?
