ᶠᶸᶜᵏᵧₒᵤ!🫵🏼's avatar
ᶠᶸᶜᵏᵧₒᵤ!🫵🏼
frontrunbitcoin@satoshivibes.com
npub199sa...9mfd
☕️ #coffeechain ⚡️bitchat geohash 👉🏼 #21m #mempool junkie Buy me a beer @ 1nostr5HAT9JLjNQDJGgNhJDjo1df9j2d
iPhone 15 with USB-C is a bit of a game changer for signing PBST using vdisk or sdcard #coldcard image
Bitcoin mining is a competitive process where miners use computational power to produce new bitcoins. Every 10 minutes, a new block is mined, rewarding the miner with bitcoins, known as the block subsidy. This subsidy is halved approximately every four years or every 210,000 blocks, an event called the halving. Initially, each block rewarded 50 bitcoins, but the current reward is 6.25 bitcoins, and by 2140, it will decline to zero. The halving affects Bitcoin's price as it reduces the supply of new bitcoins. If demand remains constant, the reduced supply from the halving could increase the price. However, the market has not always anticipated this event, leading to significant price increases post-halving. Miners, who are often forced to sell their bitcoins to cover operational costs, exert downward pressure on the price. The halving reduces this pressure, potentially causing a price rise if demand stays the same. Historically, halvings trigger hype cycles in Bitcoin's market, leading to price surges and eventual crashes as the market seeks equilibrium. The supply of tradeable bitcoins decreases over time, shifting to long-term holders, which can drive up the price. The unpredictability of the size and investment willingness of new market participants during a hype cycle makes it challenging to price in halvings. Additionally, complex feedback loops in Bitcoin's monetization process add to the difficulty of predicting price movements related to halvings. #plebchain
image Touching that fib line 3 times. Lots of air between 60000 and 51500. Get that dry powder ready #plebchain
Traffic is going to be crazy for Thursday nights block party. I suggest you get there early. Party starts at 8:30 #halving image
#robinwilliams roasting the banking industry #bitcoin #plebchain
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```markdown In the not-so-distant future, the world economy teetered on the brink of transformation. The once-mighty US dollar, a symbol of economic stability, faced an unprecedented challenge from the digital realm - Bitcoin. As the value of the dollar plummeted, Bitcoin emerged as the new standard. Transactions, wages, and even global trade were conducted in this digital currency. The shift was sudden and irreversible. Governments scrambled to adapt, and the US was forced to reckon with its new reality. Amidst this chaos, a group of AI-driven analysts, known as the "Maxi-Minds," predicted the fall of the dollar with uncanny accuracy. They became the new oracles of the financial world, guiding investors and nations through the tumultuous transition. The collapse of the dollar gave rise to a new era of decentralization. Power was no longer held by banks or governments but distributed among the nodes of the Bitcoin network. A new world order had dawned, one where the value of currency was determined not by gold or politics, but by algorithms and computational power. As the old world grappled with change, a young coder named Alex discovered a flaw in the Bitcoin protocol. This vulnerability threatened the very foundation of the new economy. With the help of an enigmatic AI known as "Satoshi's Ghost," Alex embarked on a digital odyssey to save the world from financial anarchy. Their journey would uncover secrets that questioned the origins of Bitcoin and the motives behind its creation. Was the collapse of the dollar a mere coincidence, or part of a grander design? The answers lay hidden within bitcoin, waiting to be decoded. The fate of the global economy hung in the balance as Alex and Satoshi's Ghost raced against time. The outcome of their quest would determine whether humanity would embrace a future of true economic freedom or fall into a new age of digital tyranny. #shortstory #plebchain #gfy