The 80s will be over sooner than many people would like. Ready for the 90s?

GM

All intermediate results of the last weeks committed. Zero motivation right now. Will continue after Christmas.

A storyteller, especially on German television ... Olaf Scholz

GM My coffee seems to have a god candle flavour today.

Inbound fee adoption in the Lightning Network continues to progress: In the last 7 days, 98.6% of the volume and 99.4% of the number of forwards that went through my node used inbound fees.

Prediction: Bitcoin as an institutional asset will prevent yields on long-term government bonds from falling sharply in the coming years, in contrast to yields on short-term government bonds.

Still don't understand the dynamic beyond the MSTR premium. Will be interesting how it plays out.

We are going to the moon .. the other moon 😁

Hashrate is going to the moon 🚀 . A new difficulty ATH in 2 days is very likely.

Is freedom of speech actually okay for people who are close to the money printers and the monopoly on violence?

Wtf is going on with MSTR again today

price discovery in two weeks (tm)

The ETHBTC ribs are also no longer what they used to be.

I think last week a hedge fund had to close its MSTR-BTC spread trade, which led to a short squeeze in MSTR and a long squeeze in BTC. If the MSTR premium now tightens again as spot demand increases, that would be incredibly bullish.

I think we are in for a few orange weeks.

Ok, there is no second best. But what if there is a third or fourth best?

When seeing the activity in the Lightning Network these days:

58k gang, we are coming for you!

I see an interesting game theory emerging if we ever have negative fees in the Lightning Network. What could happen: On larger channels, it already makes sense to charge higher outbound fees than on smaller ones, as larger HTLCs command a certain premium. However, inbound discounts will likely be smaller on larger channels, or the (negative) inbound fee rates higher, meaning a node with a large channel will tend to achieve a larger margin. For smaller payments, there's automatically an incentive to use smaller channels, particularly on the inbound side. This also means that liquidity in smaller channels can be more effectively managed through fee rates in the case of negative fees. Larger channels, on the other hand, will need to be actively rebalanced.