Robot Lightning's avatar
Robot Lightning
robotlightning@nostrplebs.com
npub1zl9w...0mpt
Just a humble user of #Bitcoin and #TheNostr, exploring and learning! #Austrich
MtGox distribution explains the price suppression over the last month. Price suppression? Each day 10* more coins are being bought than mined. Price should rise to accommodate but hasn't. It's possible to depress price with derivs, but who and why? You're on Wall Street trying to get coins for your clients, your boiler room is calling all OG coiners. You're aware the identity of MtGox creditors and that MtGox distribution is coming, you arrange to buy from MtGox OGs once distribution is made at the market price at the time. You're incentivised to keep that price as low as possible so that your clients get set at the best price. And so, I guess 1) Those MtGox coins that would be sold are already bought. 2) once those sales complete there is no further need to depress price, and we enter a new price discovery phase. Just a theory.
"Watch closely as the world currencies and markets fall one by one. Watch in absolute wonder as the demand for oil plunges and it's price goes thru the roof. Yes, oil stocks will crash with the markets. And gold? You will never know it's price. It will stop all trading as it slices thru $10,000+.Who am I? As I will not be around for long so I am noone. But, follow with me as all of this takes place in your time!" - ANOTHER
A way to share encrypted notes offline. Output encrypted Nostr DM as QR code. Send to intended recipient. Recipient scans and decodes with nsec. Or use as an encrypted offline backup of your own notes. (Idea borrowed from reticulum but I like it very much).
A concept for an entirely offline communications *and payment* network. Meshtastic peer to peer mesh networking using lora radio devices A cashu mint which allows for ecash to be sent peer to peer over the mesh A client application in the style of Primal, but for Meshtastic nodes and ecash tokens Internet and power go down and the mesh network still works, and the ecash can still be sent via the mesh. Would this work? @Meshtastic @calle @BlackCoffee
Nostr looks like the fastest horse. Launch any business, no need to build any website, member systems, payment rails, social features ... It's all built in. To build a business just focus on your business.