/ Simple Steve is on Nostr

Words are helpful

Last Notes

2024-09-11 18:44:07

Total Bitcoin fees on Sept 6th were 6.552 BTC.
The last time they were this low was 12 years ago in April 2012.
https://m.primal.net/KnDY.png
https://m.primal.net/KnDW.jpg

2024-09-10 20:41:21

Transaction fees are at twelve year lows.
Chart: All time total daily tx fees priced in real money (bitcoin). Log scale. 7 day avg.
Source: https://www.blockchain.com/explorer/charts/transaction-fees
https://m.primal.net/KmOb.jpg

2024-09-09 13:51:59

Days held before spending of each utxo in the past year.
The purple squiggly line is wizard stuff.
Very few old coins being spent recently.
Source: utxo.live
https://m.primal.net/Kkww.png

2024-09-07 17:34:26

- reply

Currently no blocks can be created after 2106 because the time stamp field is stored in 32bits which reaches its limit in 2106 and a consensus requirement is for the timestamp to be greater than previous timestamps.
https://bitblend2106.github.io/bitcoin/BitBlend2106.pdf

2024-09-07 16:46:30

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The thing is the the sooner we fix it the less likely it will need a hardfork.
For example if we fixed it now, a node would have to run for 80 years in order to hard fork

2024-09-07 15:20:26

We should consider fixing the 2106 bug before covenants

2024-09-05 18:22:07

Fiat is keeping the best athletes from getting paid correctly. NFL Quarterbacks who signed contracts 3 years ago were the highest paid at the time. Now they’re the lowest paid, even though they’re the best, only because they set their salary 3 years ago. The highest salary is now the newest salary no matter the skill.

2024-09-04 12:29:18

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His optimism is inspiring. The only thing we know about the future is that it will be fantastic

2024-08-31 12:29:41

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You mean that age increases during bull runs?

2024-08-31 12:07:31

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Yes for every tx in every block, I make a data point for the age of each input in the tx

2024-08-31 11:53:59

The age of every bitcoin transaction.
Source: utxo.live
https://m.primal.net/KWyq.png

2024-08-30 11:16:54

All utxos spent yesterday.
Source: utxo.live
https://m.primal.net/KVCP.png

2024-08-30 11:15:19

- reply

Source: utxo.live

2024-08-30 10:43:38

Every Bitcoin Transaction to Date
https://m.primal.net/KVAN.jpg