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25 thoughts on “Each day Dialogue, November 24, 2022”
Heads up for everyone. Coinbase is forcing customers to link bank accounts via a “trusted third-party” called Plaid. Bank accounts which were linked for years are now being unlinked.
What the fuck is up with the mempool? Nothing but large blocks
death to all shitcoins!
is there an equivalent to metamask for holding real bitcoin?
I got mine in wbtc, but i want the real thing
Bitcoin is the best thing that ever happened and will ever happen to Humanity! Proud Bitcoiner.
Dear Whales, please stop spreading FUD so you can accumulate Bitcoin for as long as possible at a reduced price.
The DCA is strong with this one
Happy thanksgiving to all American hodlers! And good day to everyone else. If you have corn in cold storage you have much to be grateful for
Is there a way to see a predicted time for a bitcoin transaction to be confirmed? I remember there was a way when I used bitcoin years ago
happy thanksgiving hodlers :firmslaponass: hope you all have a splendid day
Have a question about transactions getting stuck in the mempool.
Say I have a wallet that has a balance of 1 BTC. I sign a transaction to another user for 1 BTC using this wallet. If my transaction gets stuck in the mempool, what is preventing me from initiating another transaction to another user where I send them 1 BTC with the same wallet with a higher fee, which results in this one getting confirmed first. Would this just lead to my first transaction never being confirmed because it would be invalidated? Or is there basically a hold put on 1 BTC of this wallet while the transaction is pending in the mempool, preventing me from initiating another transaction?
Accumulating like a psychopath.
The best thing you can do for bitcoin daily is mention it in comments everytime it has a superior use case. People complaining about banks? Bitcoin. people complaining visa fees. Bitcoin. People complaining about inflation. Bitcoin. More people must know an superior system exists.
Its taken me two full cycles but I’m now bitcoin only.
Thankful for these cheap sats ????
I’ll never understand why so many people find it perfectly acceptable that fiat money is designed to decrease in value. The fact that my paycheck today is guaranteed to be worth less in the future is infuriating. The result is a society where you’re not incentivized to save for the future but rather spend in the present.
Bitcoin is one of the greatest inventions of all time.
I love the “last chance to buy under x” meme because it’s always true. (Last chance to buy under 20K, btw)
But this time it goes a level deeper. This cycle is your last chance. Five years from now, Bitcoin will just be money and everybody will be scrambling for it like they do for fakedollars now. This cycle is your last chance. I hope it lasts a while. I hope we don’t have that WTF BGD for at least another six months so the smart people can consolidate their rule and a few more normies can wake up and evade poverty.
I guess that’s what I don’t like about Bitcoin in the longer term: It won’t really solve the problem of dumb people being poor and living lives of quiet desperation. Best case scenario is that we Bitcoiners are kinder and purer of spirit than these bankster vampires and that we are generous and future-focused when we rebuild the world for humanity and for all living things.
Sorry, turkey coma speaking here… but it’s true.
TLDR: I hope that we are kinder and more spiritually advanced than these vampire warmongers currently running things. Greed can make you “rich” sometimes, but it will always make you poor. Remember that.
So, I’ve long had this problem with the world where there’s a serious lack of *intermediate* level information. All the information is either for total noobs, or is highly advanced, technical, and academic. I’m looking for good technical reading about bitcoin or the bitcoin blockchain that assumes a basic understanding of the underlying technology but isn’t so advanced that I need a mathematics degree to understand it. Any tips on where I might find something like this?
Most of what is being done with “crypto” can be done better and more efficiently without a blockchain.
Bearer-asset self-referential money that solves the double-spending problem: a blockchain is good for this.
Outside of that, blockchains often are not the best solution.
Great thread by Lyn on why Bitcoin not crypto
When you buy through Strike with a card, does Strike just eat the merchant fee?
What happens to the network when we hit 21 million? Is there enough incentive to run full nodes? Only the miners get fees, right, is there *any* incentive to run nodes aside from just wanting to contribute to the network security and stability? What does the Bitcoin network look like in 2140?
You guys think there is still covert sell pressure due to the FTX contagion?
Buying in this range is feels great. I will stop dcaing when btc hits 42069, which was my buy in point. I have increased my stack by 300%
If the transaction signature uses the public key, how is it secure? How can the private key be verified using the public key? Signatures don’t make any sense to me…