girevik

https://get.txoutset.info

@girevik_ on Twitter #Bitcoin

Public Key

npub1gcad7z2zd6qh6znx5us4u3wszmaw0zu5k6pmfktt40c65t5f5a5s3zlc75

NIP-05 Address

Profile Code

nprofile1qqsyvwklp9pxaqtapfn2wg27ghgpd7h83w2tdqa5m946hud296y6w6gpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3vamnwvaz7tmjv4kxz7fwdehhxarj9e3xzmny3qxxac

Publishing to

Author Public Key

npub1gcad7z2zd6qh6znx5us4u3wszmaw0zu5k6pmfktt40c65t5f5a5s3zlc75

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Last Notes

2024-12-06 00:33:21 UTC

Insane volatility today with a $12k candle. Lots of bitcoin changed hands, almost 2X the transfer volume of yesterday.
#note1ed2…ley4

2024-11-22 21:35:32 UTC

Due to API limits, @npub12ku…rwze will now only include a few daily updates on X, e.g. transfers over $1B. For a full view, follow BBB on Nostr.

2023-07-01 21:19:01 UTC

Every time I try to go back to Twitter, Elon finds new creative ways of making the experience miserable.

2023-05-10 19:59:33 UTC

Without much fanfare, Tether has started reinvesting some of their profits/excess reserves into Bitcoin. How much have they acquired in Q1, you ask? Just around 52,670. https://nostr.build/i/e271e11aac0b0f6c47ea9c9b6b901a62302cc6f937e1a90479ed6d8e89dda8e5.jpg

2023-05-07 13:02:29 UTC

If there is any silver lining, #BRC20 completely killed ordinals by spamming them with pointless json messages and pricing out the monkey jpegs. The originals dot com website is completely unusable and doesn’t even load at the moment.

2023-05-07 12:58:58 UTC

Stop focusing on the fees, they are a temporary nuisance and there will be high fees in the future regardless.
The real issue is dumping of toxic waste on the blockchain and especially the UTXO set which may never get cleaned up.

2023-04-05 20:28:10 UTC

#[0] what was the biggest price swing of BTC on a single day in percent terms and when did it occur?

2023-03-23 15:10:27 UTC

Thanks for the dip, Fed! Now back to our regularly scheduled bull market.

2023-03-22 20:33:23 UTC

We would all love Balaji’s prediction to come true, but it is extremely unlikely. In fact, the BTC price has never previously increased 40X in a 90-day period. The closest it came was in June of 2011 with a 33X increase. This was during the wild days of MtGox hacks. In most recent bull markets we barely hit 4X-5X. https://txoutset.info/nostr/90day_multiple.jpg

2023-03-20 14:25:15 UTC

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They can help too

2023-03-20 14:19:47 UTC

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$2.72 * 331m people ~= 900 BTC * $1,000,000

2023-03-20 14:18:32 UTC

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(Obviously there are other sources of buying and selling, but this gives you some context)

2023-03-20 14:17:41 UTC

For BTC to hit $1,000,000 *and remain there sustainably*, every American needs to buy an average of $2.72 of BTC per day. This would cover all the newly mined coins.
After the next halving, the amount required becomes $1.36 per day.

2023-03-20 12:09:53 UTC

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It’s not a zero sum game. I can sell you 1 BTC for $1,000,000 today and the market cap will become $20T. But trillions of dollars did not actually go anywhere.

2023-03-20 11:26:55 UTC

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In reality, with a large enough amount of buyers and sellers there will be a great number of banks involved both getting withdrawals and deposits. At the end of the day, it will probably balance out.

2023-03-20 10:48:34 UTC

For every Bitcoin buyer, there is a Bitcoin seller. No amount of fiat actually leaves the banking system and buying BTC is not a bank run.

2023-03-18 11:48:06 UTC

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His net worth is $1.5 bn+, so this is the equivalent of an average Joe with $150k betting $100. Still risks potential damage to his reputation though.

2023-03-14 15:03:37 UTC

Have you started front-running the 4th halving yet? https://txoutset.info/nostr/mcmahon_halving4.jpg

2023-03-13 16:35:24 UTC

People always assume Bitcoin will moon during a financial crisis, but it doesn't make sense. People are going to need liquidity if their money is frozen or lost by banks and they lost their source of income. Even the most hardcore maximalist will need to sell some to pay for basic needs. The mooning happens in between crises, not during.

2023-03-12 11:06:35 UTC

I’m calling for a complete and total withdrawal of deposits from fiat banks until we can figure out what’s going on.

2023-03-11 14:38:22 UTC

Who actually bothers opening multiple accounts to stay under the $250k FDIC limit? Few understand this.

2023-03-11 13:33:55 UTC

Your family and your company should be keeping at least an emergency fund in BTC in case of a banking collapse.

2023-03-06 02:31:42 UTC

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Few understand this

2023-02-28 12:19:01 UTC

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A classic Bitcoin meme. Up there with I AM HODLING.

2023-02-28 10:39:58 UTC

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Appreciate this. Too easy to fall for “two wrong make a right” kind of thinking.

2023-02-27 13:43:13 UTC

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nostr.wine

2023-02-27 01:35:26 UTC

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At least it’s still standing and wasn’t replaced with a brutalist monstrosity.

2023-02-26 20:41:46 UTC

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Flip flopping on Bitcoin, dabbling in shitcoins, wasting his time with Twitter, etc. Should have just stayed in his lane and made cool spaceships.

2023-02-24 14:13:12 UTC

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Absolutely disgusting. We need decentralized GitHub with anon developers asap.

2023-02-23 20:50:54 UTC

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Which relays are they looking at? I suspect most sane people moved to paid only.

2023-02-23 11:16:11 UTC

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Basically, yes. The technology to make nostr existed 30 years ago. I think people just got too comfortable with centralized services that worked /well enough/ at the time.

2023-02-22 18:03:45 UTC

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Wait till the IRS starts charging people capital gains tax on used cars that “went up in price”

2023-02-22 17:49:22 UTC

Bitcoin plebs:
- Work normal jobs while stacking sats
- Talk about Bitcoin over steak and beers
- Always humble
- Secretly rich
Crypto VCs:
- Never worked in any capacity that benefits civilization; earn money only by scamming others.
- Talk on Bloomberg to promote their scams
- “google my name bucko”
- Secretly poor

2023-02-22 17:39:10 UTC

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There are good criticisms of EVs, but this is one is not EV-specific.

2023-02-22 17:32:50 UTC

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Can confirm my gas-powered car has this.

2023-02-21 15:14:18 UTC

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Both seem to be back up now.

2023-02-21 13:50:06 UTC

What’s going on with eden.nostr.land and puravida.nostr.land? They’ve been down for me for over two days now.

2023-02-21 11:06:14 UTC

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It’s not at 0 yet

2023-02-20 20:10:05 UTC

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Is it still possible to join the beta?

2023-02-20 16:41:49 UTC

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Some clients need an @. This should really be a built in feature in all clients though.

2023-02-20 12:57:18 UTC

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Flushed down the toilet? They continue living rent-free on our nodes.

2023-02-18 14:11:44 UTC

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Even if true, a nuclear disaster has much greater ecological, political and social implications. Affected regions don’t recover for generations, if ever.
Very different from people living slightly sorter lives due to pollution.

2023-02-18 13:56:35 UTC

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Sure, and then Fukushima happened, and in a country famous for its technology and engineering prowess. Humans are still too dumb and careless to play around with nuclear.

2023-02-18 13:39:54 UTC

Not a fan of nuclear power, sorry.
Ohio, Chernobyl, Fukushima, etc show how shitty fiat engineering can make a large swath of the country uninhabitable for decades.
Let’s revisit when we move to a Bitcoin standard.

2023-02-18 13:28:24 UTC

Very surprising that Bitcoin predates nostr by 10 years. In many ways, Bitcoin is solving a much harder problem.

2023-02-16 15:03:51 UTC

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This was posted to paid relays since I only use paid relays. Is there a way to tell which ones so the relay admins can be notified?

2023-02-11 18:16:32 UTC

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RIP mastadon

2023-02-10 21:57:27 UTC

Imagine you’re sending money to your family in Central America and your transaction is evicted out of the mempool by 400kb monkey JPEGs.
This is the reality inscribers created.

2023-02-08 22:09:13 UTC

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Although it might backfire and they’ll start delaying transactions privately to miners to avoid sniping.

2023-02-08 16:39:03 UTC

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I guess they were trying to hide relays from users to make it more newb friendly, but it makes the global feed useless.

2023-02-08 16:25:02 UTC

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More of a Damus client wish list:
1) Ability to switch between multiple keys without logging out.
2) Filter global feed by specific relays only.

2023-02-05 15:56:49 UTC

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Of course impersonators might still register a similar-looking domain and verify with that, if they’re determined enough. But it’s better than nothing.

2023-02-05 13:07:34 UTC

If you’re a well-known Bitcoiner, please #NIP5 verify yourself on nostr, ideally using your own domain. It takes about 10 minutes to do. Otherwise there is no way to tell you apart from impersonators.
Here is one of many guides https://nvk.org/n00b-nip5

2023-02-05 10:35:53 UTC

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Mostly harmless spam for now. But only a matter of time till they are abused by griefers. With which will come pressure from authorities and ISPs to shut down nodes.

2023-02-04 13:11:32 UTC

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👋