Bitcoin / Freedom and Privacy / Sysadmin
Cyph3rp9nk @Cyph3rp9nk - 2y
Bringing the Unix Philosophy to the 21st Century https://blog.kellybrazil.com/2019/11/26/bringing-the-unix-philosophy-to-the-21st-century/
You are right, it is a linear relationship between the price difference and the supply at that time, assuming constant supply and demand.
That said hodlers will affect market dynamics if there is a supply versus demand shock.
Not really. Hodlers do not matter for the market price, holders are not willing to sell but others are. Whoever is not willing to sell does not set the market price.
Reck is only for traders. The amount of money it takes to maintain prices is exponential, people are not aware of the dynamics of the markets. Remember this figure, 120k. Bitcoin always disappoints everyone, bears and bulls alike.
120k
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75% YES 25% NO
Alex Jones has been unblocked from twitter, now we just need to bring him to Nostr ๐.
nostr:npub1cj6ndx5akfazux7f0vjl4fyx9k0ulf682p437fe03a9ndwqjm0tqj886t6
Rollups provide different execution environments for Bitcoin Rollups are Layer 2 solutions that let you do cool stuff with your bitcoin. They've been dubbed as scaling solutions in the Ethereum space, and now members of the Bitcoin community are beginning to explore how they can drive more use cases, users and fee revenue to Bitcoin. https://www.bitcoinrollups.io
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There is a fine line between tyranny and recommendation. I don't force anyone to use anything, nor do I recommend anyone to use anything, I simply say what I think, you may like it or not. Use what you want, go your own way. When you force someone you usually get the opposite. An example is Bitcoin, most of you here have come to Bitcoin by trial and error in your lives, no one has forced you, life should be choice, not imposition.
This is the price of monero with respect to BTC, you will get the same with zcash with respect to BTC. https://m.primal.net/HTLz.png Monero has had several security flaws that could have compromised the privacy of its users and has hidden inflation problems(snowden himself says so and snowden himself recommends zcash against monero), these problems do not have zcash, but I do not like zcash, I like its technology that can be implemented in Bitcoin. But I'm not trying to convince anyone, everyone is free to use what he wants, if you want to use monero use monero.
The European Union is more than dead ๐ Curious fact is that Windows users can't access copilot because of the regulation, for one good thing that Microsoft brings out...
There are many ways to get privacy in Bitcoin, if the fees are low coinjoin, if not low through Lightning and Liquid with swaps or peg-in and peg-out of Liquid. I don't use monero because it lacks monetary value and I risk losing money. To each his own. Besides monero is a joke, if you want a private currency use zcash. I hope zk-SNARKs can be applied to bitocoin someday through a layer 2 for example with Rollups.
