Ferris Bueller BIP110's avatar
Ferris Bueller BIP110
npub157td...ve6m
Ferris Bueller BIP110's avatar
Bitcoinmaxi 4 hours ago
Excited for 0930 when the market opens in the US to see what the price of Bitcoin will be in USD. That seems to be what matters now and who gets to move it
I wouldn't expect the price to rip this weekend cuz that would mean plebs r buying. Probably rip Monday when the etfs buy since it's captured now. #bumpmybags
Curious to see where we go from here in the next month or so. I'm not going to pretend to be technically advanced enough or creative enough to think of how we salvage this. I guess I'll just keep my bip 110 node and mine with my bitaxe for now. After that if nothing comes of it, I'll probably just turn off my node and bitaxe, wait for near or around all time high to sell most of it and diversify. Maybe keep some in cold storage and some in the etfs. Why bother holding a coin in self custody when the coin itself is captured anyways. Sorry so doomerish, it's just how I'm feeling right after all this. The only positive feelings that energize me about this is just thoughts of it still going up and selfishly getting rich just because the instutions are now ready to let it go higher. It would no longer be about freedom go up or destroying the central banks. Maybe it was niave to think we ever could
Welp I guess it's over. I got a solid 2 tb movie server I guess. Maybe I'll ride this till 100k and sell 75%. The other 25 or 10% in IBIT. Why bother holding Bitcoin in self custody if it's captured anyway.
Ferris Bueller BIP110's avatar
Bitcoinmaxi 4 days ago
What do you think the exchanges are going to do when bip 110 activates? Do you think they will freeze trading? Will that mean miners can't sell their coins to them? That might lead them to capitulate if it comes to that
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Bitcoinmaxi 4 days ago
Any ideas why the price didn't even move after the CC hack? I think we can at least definitively conclude that it is just hardcore holders and institutions left. The question remains to be seen whether who controls the network: institutions or sovereign node runners. I think bip 110 activation is going to be a real test of who is actually in charge.
Ferris Bueller BIP110's avatar
Bitcoinmaxi 4 days ago
Apparently Zeus had a security incident and closed my lighting channel. I have all my funds back on L1. This happen to anybody else?
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Bitcoinmaxi 1 week ago
I'm moving everything to a seedsigner with multisig as we speak. I'm really debating if I should add passphrases. I'm not so worried about forgetting them or loosing them. More concerned about to much complexity for the family in the event of my death and I'm not there to help. Ik multivendor is thought of as the ideal with multisig but I'm not sure I trust my CC Q for obvious reasons and the jade and I think the seedsigner alone is the best option. Any thoughts would be appreciated