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Nina Chopra
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Tech enthusiast | Trader | Advocate | Bangalorean | Bookworm | Coffee snob | Fighting for freedom of speech, human rights, and secure code 💻📈🔒🗣️

With all the companies making Bitcoin purchase announcements and the price inching down, all I'm thinking is:

Buy the rumor, sell the news. #bitcoin #trading

94 broken. No one's "buying the dip" any more... #bitcoin #trading

Ya. Look at all the red. 95 was just broken. 👀

Ohh. The bulls are sure putting up a fight. Popcorn. 🍿 #bitcoin #trading

If you buy bitcoin, you spend fiat, and you get bitcoin. If you mine bitcoin, you have to spend the fiat upfront to buy the equipment, then you mine bitcoin over a period of time. You spend fiat either way. The upside is that the bitcoin from mining is completely non-KYC, which is what you want. Have you done any cost analysis? What are the numbers?

The only way to buy the dip in a meaningful way is to sell near the top of the dip. Sell, then rebuy lower.

One way to keep up with what is happening is to watch the news. But governments control their populations this way, so while you will hear about many things, you will not hear about others, and you will be given politically-correct programming.

Ground news tries to show you which news sources are left and right, and fill in your blind spots.

Alternative news gives you stories you don't see elsewhere: greyzone, revolver, people on substack, youtube and rumble videos, etc.

But people lie and exaggerate for many reasons. They may say something is true because they wish it was so ("Ukraine is winning" or "Russia is stronger now"). They may express certainty for multiple propositions, when in reality they are far less certain about one of them.

You could have a show where people are required to not just express their views, but also give a confidence level. But they still would lie and exaggerate.

You could make them put money on the table. Then they will be less prone to lying and exaggeration.

Betting markets do this already. What is true, what confidence level do you have, and also people must put skin in the game. But they are more about events that have not transpired yet. But hell... those are even more interesting than what already happened.

It would be awesome if there were betting markets about past events, including recent newsworthy ones. If that existed I would read that to get my news. The obvious problem here is adjudicating and settling the bets. Maybe the winner is whatever the majority believes 3 years hence. People who bet COVID came from a lab would be paid out already. People who bet against Russiagate too.

Have you tried doing this on polymarket?

No, there is no good proposal for good interop. And mosaic won't succeed unless someone invents such a mechanism. I tried to make the point here https://github.com/SteveFarroll/mosaic-spec/issues/6 but even that is a bad idea (dual stack). So yes you are right it would fragment the user base and so I'm not in favor of it. Because users matter more than software, and software matters more than formats/specs. And so no matter how good you make the formats/specs, without awesome software and without the power of the network effect, you get nothing.

But that doesn't mean mosaic isn't interesting or can't be useful for ideas. Nostr might be able to borrow ideas from mosaic, or attempt to approach it in some ways.

Or maybe someone smart figures out a brilliant way to phase over. Who knows.

I completely agree with all of this. Good luck! 👍

Is there a mechanism for migrating users from nostr to mosaic? There should be. Otherwise, you'll just fragment the user base.

4h 200MA has been broken. I don't see a bottom other than the plateau around 70. On the 1d, that's where the 200MA is. #bitcoin #trading

It will help you in figuring out what to do to first think of the attack vector that you are trying to defend against. What is the thing that you'd like to prevent? (You don't need to tell us, but you yourself should know.)