@TallTim alts are off-topic. couldn't care less. :)
I think (2) will be delayed and timed to dump btc and crash prices at $100k levels or more. That's when it gets max leverage.
Also note, (2) isn't profit booking. People who book profit max $$ for their btc. People dump btc has different goal; crash btc prices (maybe to buy btc cheaper, or not).
Also, (2) isn't easy because btc crash also means alts to btc inflow.
The Kindest Cut: Why the 2020 Bitcoin Halvening Is the Most Important Yet | Bitcoin Magazine
Post 2020-halving #bitcoin inflation will become 1.9%. now whatever money is flowing in to sustain $8k price, it would easily become a support level of $16k ++ (1) whatever new btc not coming to market -- (2) whatever old btc coming to market.
>It took 42,000 lines of code to disrupt the banking industry
Some #bitcoin stats
* 18.1M btc mined so far
* Blockchain has about 38.6M tx with 65.2M utxo, 3.6 GB size on disk. 258 GB, unpruned (494M tx)
* Mempool is almost cleared periodically, has max 6k tx, total size 2 MB
* Accepted tx average for the day is 3.52 tx/second. Rejected, 0.57 tx/s
* Average spent, 10 btc/sec (~ $90,000)
* Average Fee 6585 sats/tx, or 19 sats/byte
* Average received data 13 kbps, sent 135 kbps
@tracyspacy what's your usp?
@verretor no :)
@stevenroose I read that BIP again, yet don't understand.
In my imagination I was hoping for something like, there will be two kind of addresses; btc & fiat (multi-currency). When you transfer 1 btc to an USD address it reflects 7500 in utxo.. or, something like that. :)
@nicstheses exchange bitcoinism in the above toot with the anyone of cypherpunk, libertarian, Austrian, or anarchist movements.. it's still valid.
Cypherpunk is totally distinct from the bitcoinism, libertarian, Austrian, or anarchist movements. It is a philosophical movement in its own right
Libertarianism is totally distinct from the cypherpunk, bitcoinism, Austrian, or anarchist movements. It is a philosophical movement in its own right
>a new BIP ( #bitcoin improvement proposal) for universal, multi-currency addresses. -Ty Everett
@Tulipan81 what's this magic red line?