The rise of bitcoin #ordinals

#nocomment #gm #nostrich #nostr does feel like a desert https://image.nostr.build/edfc7bba1349419d72595da9916c121e273e00ac350ba541cd0ada44c66ce189.jpg#

Someone bought 27 Bitcoin from #Binance and sent it to #SatoshiNakamoto's address 🤯 $100,000 #Bitcoin coming?👀

Building wealth in the cryptoverse? Diversify with Bitcoin at the core, avoid altcoin scams, and stay patient. #BitcoinMaximalist #CryptoWealth #HODL #Fren let's talk .... #nostrich

Protecting your wealth in the digital age means allocating a part to Bitcoin and staying away from fiat dilution. Remember, it’s all about the long game. #Hodl #BTC #SoundMoney

Stacking sats isn’t just about hodling—it’s about mastering your #InvestmentStrategy in a world of fiat debasement. Start small, stay consistent. #Bitcoin #StoreOfValue

#Bitcoin no 6 in #asset rankings! #investing #nosrrich with no #fren send me #love

How to consolidate your UTXOs To consolidate #UTXOs in your #cryptocurrency wallet, follow these steps: - **Check Your UTXOs**: Start by looking at the #UTXOs in your #wallet. This will give you an idea of how many small outputs you have that you might want to combine. - **Create a Consolidation #Transaction**: - Choose several small UTXOs that you want to consolidate. - Set up a transaction where you send these UTXOs to your own #wallet address. This will combine them into a single, larger #UTXO. - **Set an Appropriate #Transaction Fee**: - Consider the current #network fees. Since you're consolidating multiple inputs, the transaction size will be larger, potentially increasing the fee. - Use your #wallet’s fee estimation tools to select a fee that balances cost and speed. - **Broadcast the #Transaction**: - Review the transaction details to ensure everything is correct. - Once you're ready, broadcast the transaction to the #blockchain network. - **Verify the Consolidation**: - After the #transaction is confirmed, check your #wallet. - You should see that the smaller UTXOs have been combined into a single, larger UTXO. ### Key Considerations: - **#Privacy**: Be aware that consolidating UTXOs can reduce your privacy by linking multiple outputs together. - **Timing**: It’s often better to do this when #network fees are low to save on transaction costs. - **#Wallet Capabilities**: Some #wallets may not allow manual UTXO selection. If that’s the case, you might need a more advanced wallet or use a tool like #Bitcoin Core. By following these steps, you can effectively manage and consolidate your UTXOs, making future transactions smoother and potentially cheaper. #follow.or #like #fren help a #nostrich with some #love

Transaction fees are very low. Take the opportunity!!! ### Efficient Bitcoin Management: Strategic UTXO Consolidation and Privacy Considerations Managing UTXOs smartly can save you big on fees and make your Bitcoin easier to spend. It’s crucial to be strategic when acquiring and storing Bitcoin. Aim to create UTXOs with at least 0.01 BTC. Keeping your "piggy bank" neat by consolidating smaller UTXOs into bigger ones at the right time can maximize your holdings' value. Consolidate during quiet times like nights and weekends to avoid high fees. Block space might be in much demand in the future increasing transaction fees exponentially. 1 #BTC address can have many #UTXO, if you buy 100 USD worth every month at the end of the year you will have 12 UTXO ### Key Considerations for UTXO Management - **#UTXO Management** - #Importance: Optimizes transactions, minimizes fees. - #Challenges: Too many small UTXOs can reduce wallet efficiency, increase costs. - #Dust: Small UTXOs (<0.0001 BTC) can become unspendable due to high fees. - **#UTXO Consolidation** - #Purpose: Combines small UTXOs into larger ones to streamline management and reduce costs. - #Timing: Best done during low fee periods to preserve value. Like now. - #Impact on Multisig Wallets: Heavier processing may lead to higher fees, making consolidation important for long-term holdings. - **#Bitcoin Privacy** - #Risk: Merging UTXOs can reduce privacy, potentially exposing the total amount of Bitcoin held. - #Balancing Privacy and Efficiency: Weigh privacy considerations against the need for efficient UTXO management. - **#Transaction Fees** - #Monitoring: Regularly check fee markets, especially when planning large or urgent transactions. - #Fee Optimization: Use tools like fee calculators and block explorers to minimize transaction costs. - **#Self-Custody Strategy** - #Optimal UTXO Size: Aim to create UTXOs with at least 0.01 BTC to ensure future usability. - #Deferred Transfers: Consider delaying transfers to self-custody until accumulating a substantial amount. But always not your keys ... - **#Bitcoin Network Efficiency** - #Data Minimization: Proper UTXO management reduces unnecessary data creation on the blockchain, optimizing network performance. - **#Wallet Performance** - #Efficiency: Consolidating UTXOs improves wallet performance and simplifies tracking your holdings. ### Take Action Managing your UTXOs effectively is key to saving on fees and keeping your Bitcoin easy to spend. Be strategic, consolidate wisely, and balance privacy with efficiency to make the most of your holdings. #zap #follow #like show me some #love #fen See how to do it:

#bitcoin history

Bitcoin: 1 Million Addresses Now Hold 1 BTC The Bitcoin market continues to surprise and evolve. An important milestone has just been reached: more than one million Bitcoin addresses now own at least one BTC. This news, reported by the blockchain analytics platform IntoTheBlock, highlights a significant trend in the adoption and trust in Bitcoin.

Cointribune

Bitcoin: 1 Million Addresses Now Hold 1 BTC

More than one million Bitcoin addresses now hold 1 BTC, a major milestone reflecting increasing adoption and confidence.

3,070 Four Year HODL periods of #Bitcoin have been positive The worst four year HODL period was: December 16th, 2017 to December 15th, 2021 a 155% return, representing a 22.2% CAGR 99.7 percentile CAGR of 26.4% #Bitcoin belongs on all corporate balance sheets Not financial advice

Marathon announce s its now stamping each #Bitcoin block it mines with "Made in USA" 🇺🇸

A society should “make the right things easy and the wrong things hard” (Ray Hunt)

Why did the #Nostrich refuse to attend the party? Because they knew it would be a #centralized event! Follow a #fren

Bitcoin #conference left me with these 2 feelings: Heavy political influence overshadowed the event, reducing #opportunities for free exchange of ideas. Politicians using #Bitcoin as a pandering tool dilutes the conference's core value. Seems that the top 1% of the #community are getting 90% of the non price upside.

Who is a friend of #Tesla #Tsla on Nostr?

Make Bitcoin Great ### Adoption & Usability * **Make Bitcoin ez to use** * Leverage intuitive wallets like #BlueWallet, #SparrowWallet, or #Phoenix Wallet for seamless user experiences. * Implement "sats-back" rewards programs on popular platforms to introduce users to Bitcoin without friction. * Integrate Bitcoin tipping into existing social media, like #Nostr, to make it a natural part of online interactions. * Partner with fintech apps like #Cash App or #Strike to offer effortless Bitcoin on-ramps and off-ramps. ### Security * **Secure yo coins** * Promote cold storage solutions like #Coldcard, #Trezor, or #BitBox02 as the gold standard for Bitcoin security. * Simplify multi-signature setups with user-friendly interfaces and clear explanations of benefits. ### Scaling & Speed * **Speed up transactions** * Accelerate #LightningNetwork adoption through plug-and-play channel management and in-wallet routing. * Explore #LiquidNetwork for tokenization and faster, confidential transactions. * Utilize #Taproot for enhanced privacy and efficiency on-chain. * **Fix the damn fees** * Implement dynamic fee estimation tools that provide real-time recommendations within wallets. * Encourage batching transactions through wallet features and educational campaigns. ### Decentralization & Resilience * **Go full p2p** * Simplify full node setup with user-friendly guides and pre-configured options like #Umbrel. * Foster a thriving #Nostr ecosystem with decentralized applications and services. * Support mesh network initiatives like #goTenna or #Celo to build a resilient Bitcoin network. * Develop offline transaction capabilities using tools like #Bisq or #HodlHodl. ### Education & Community * **Teach ppl w/ real examples** * Create interactive learning experiences through gamification, like #SatoshiQuest or #BitcoinBowling. * Utilize #Nostr for peer-to-peer learning, mentorship, and knowledge sharing. * Provide step-by-step guides on building low-cost mining rigs using hardware like #Antminer S9 or #Whatsminer M30S. ### Miscellaneous & Experimentation * **Innovate on #Mining** * Explore solar-powered mining solutions with hardware like #Whatsminer M30S++ and energy management systems. * Develop ASIC-resistant algorithms to encourage decentralized mining. * Promote community-owned mining cooperatives for shared benefits and resources. * **Smart contracts 4 Bitcoin** * Advance #RGB protocol development for customizable Bitcoin-based assets and applications. * Support layer-2 solutions like #Stacks or #Liquid for additional functionalities without compromising security.

Making Bitcoin Great A quick starter on influencing and onboarding. ## Building Relationships in the #bitcoin Community: * Show genuine interest in people's #crypto journeys. Everyone has a wild #bitcoin story to tell! * Remember names and faces. It's crazy how good it feels to hear your name in a crowd of #bitcoiners. * Smile more (even in text). Use emojis and positive vibes to spread good energy in the #crypto space. * Encourage others to talk about their #blockchain insights. Everyone’s an expert on something in this crazy #bitcoin world. * Prioritize #onboarding new #bitcoiners. Make it easy for folks to understand the basics and feel welcome. ### Winning People to Your #bitcoin Way of Thinking: * Avoid arguments like the plague. Find common ground and focus on the benefits of #bitcoin, without bashing other #cryptocurrencies. * Respect others’ opinions even if they're totally wrong about #bitcoin. Everyone deserves to be heard. * Admit mistakes quickly and honestly. It builds #trust and shows you're not a #bitcoin know-it-all. * Lead by example and show how #bitcoin improves your life. People are more likely to follow if they see the benefits firsthand. * Emphasize #notyourkeysnotyourbitcoin to protect people from getting #rekt. ### Being a Leader in the #bitcoin Community: * Give praise to other #bitcoiners for their contributions. A little encouragement goes a long way. * Share #knowledge freely and mentor others. The more people understand #bitcoin, the better. * Foster collaboration and teamwork in the #crypto space. We're stronger together! * Embrace #lightningnetwork for fast and cheap #bitcoin transactions. * Explore #nostr as a potential decentralized future for social media. ### Inspiring People in the #bitcoin Space: * Make people feel important and valued in the #bitcoin community. * Appeal to noble motives like financial freedom and decentralization. * Dramatize your ideas with stories and examples to make #bitcoin more exciting. * Set ambitious goals for the bitcoin ecosystem. * Build strong foundations by emphasizing the long-term value of #bitcoin. By following these tips, you can become a respected member of the #bitcoin community and help spread the word about this amazing technology. #cryptocurrency #blockchain #crypto #finance #investment #technology #decentralization #financialfreedom #plebs How can we improve this #AskNostr ?

The super power of atomic habits **#SmallChanges #BigResults** - Tiny #habits can lead to #massive #changes over time. - Small, daily #improvements add up to big results. - It’s not about making big changes; it’s about making small, consistent #improvements. **#Identity #BehaviorChange** - #Identity drives #habits: become the type of person you want to be. - Change your habits by focusing on who you wish to become, not just what you want to achieve. - Who you believe you are shapes what you do. **#System #Environment** - Build systems, not goals. Your #environment matters more than you think. - #Design your space to make good habits easier and bad ones harder. - #Environment shapes behavior; design it to support your goals. **#Cues #Cravings** - Identify the #cues that trigger your habits. - Make it obvious, attractive, easy, and satisfying to form good habits. - #Cues lead to #cravings; understand them to control your habits. **#Habits #Rituals** - Repeating small #rituals daily can compound into meaningful changes. - Habits are the compound interest of #self-improvement. - A habit is a ritual you practice over and over again. **#Consistency #Patience** - Success is the product of daily habits—not once-in-a-lifetime transformations. - #Consistency beats intensity every time. - Patience is crucial; change takes time. **#BreakingBadHabits** - To break a bad habit, make it invisible, unattractive, difficult, and unsatisfying. - The key to quitting a bad habit is to understand what triggers it. **#Mindset #Persistence** - #Mindset shifts are more powerful than quick fixes. - #Persistence is key; stick with habits even when progress is slow. - Don't focus on perfection, focus on progress. **#Growth #Learning** - Embrace the process of #growth, not just the end result. - Every action you take is a vote for the person you wish to become.