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niftynei() 🇺🇸💸🧡
npub1e0z7...0txy
head of instruction @npub1vmpf90hq56wzyxht6teg3llpa74rzcepw9suj5unxl3tph24zd4qgtxhm7
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niftynei 1 year ago
very excited to be in Nashville this week with a wonderful crew from @base58btc's LARP facilitator training program, bringing you 3-days of LARPing *at Bitcoin 2024* join us at 9a at the gaming tables every morning thurs, fri and saturday! want to guarantee your seat? reserve one ahead of time here 👇
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niftynei 1 year ago
GET YOUR BTC++ TICKETS NOWW THIS IS NOT A JOKE!! (PRICES ABOUT TO HIKE!!) btcpp.dev/atx24
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niftynei 1 year ago
it’s incredible how truly revolutionary bitcoin is ✨
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niftynei 1 year ago
tired of traveling. brb gonna go hide out in a codebase for a lil bit👩‍💻
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niftynei 1 year ago
first look from buenos aires, really digging the late summer weather feels just landed for @btcplusplus's first ever “south cone” conference!! #btcpp image
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niftynei 1 year ago
After almost 4+ years, 487 comments from 19 reviewers... the spec proposal for adding v2 opens (aka dual-funding) to lightning is officially merged as spec in LN!! huge thanks to Bastien Teinturier, Rusty Russell, Dustin Dettmer, Matt Morehouse and countless others for their review and input on the spec. doing spec work is a really long process, that requires so much work and input from lots of different stakeholders. it's probably the hardest type of work a programmer can do, and i'm so so thrilled that we got this over the finish line! what's next? splicing and liquidity ads!
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niftynei 1 year ago
had a chat with a nice prof today who knows a lot about the internet and he wanted to know if i had heard of a “DSNP” before whats that, i asked? he said: “decentralized social network protocol” so i was like “oh like nostr?” he had never heard of nostr before!! he knew about bluesky though it’s gonna be early for a while yall ⚡️
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niftynei 1 year ago
why are we hate watching the davos thing? guys just ignore them, that's how they win lmao
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niftynei 1 year ago
forgets to drink coffee; decides her life is just pain now; spends the weekend fighting caffeine withdrawal 😭 all the advice says to taper but im incapable of following a schedule 🪦
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niftynei 1 year ago
correct me if im wrong but im pretty sure there’s no guarantee how many sats a share in these etfs are worth on a dollar value, they’ll do fine but on a per sat basis investing into an etf in a bull day dilutes the per share sats value of everyone else in the fund the reverse happens on bear days, afaict. here’s the lil scenario i walked through to convince myself of this dynamic. 100 shares, 100k sats. current price is $2/sat. $200k total NAV ea share worth 1k sats lets say the price moves up, to $4/sat, $400k NAV, 100k sats i buy 10 shares, $40k in, buys 10k sats 110 shares, $440k/110k sats 1k sats/share market moves: day price is $5. $40k buys 8k sats 110 shares, 108k sats 989sats/share market moves: day price is $2. $40k buys 20k sats 110 shares, 120k sats 1.09k sats/share the big question is: is the price per share sold updated for the sats they acquire? or do they just accept money at price X, buy as many sats as they can at day-end and that’s what gets added to the fund?
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niftynei 1 year ago
any time i have a concrete project to ship, i struggle 🤔
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niftynei 1 year ago
no idea if the Bitcoin IPO will be similar, but generally speaking most IPO launches tend to spike, then fall flat/underperform for 6-12mo donno if this helps with expectations at all, but may be good to keep in mind
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niftynei 1 year ago
can someone explain to me why the ETF is more attractive to investors than the GBTC? like why is this a bigger deal than the GBTC listing?