LC / is on Nostr

Finance and Tech Enthusiast

Last Notes

2023-07-25 16:46:50

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There's also the delicate balance of paying miners for security. As block subsidity runs out transaction fees have to be enough to pay for security. Full blocks create a fee market. With small blocks worts case scenario there is too much demand. With big blocks there may not be enough fees to pay for security which is an existential threat.

2023-07-12 12:07:21

US CPI out in ~20min. Last major data point before the next FOMC meeting. If there is going to be any significant hike probability repricing it's going to happen today. BTC has been trading in this value area for 22 days. Good chance outside of value will be advertised. #AuctionMarketTheory #VolumeProfile
https://i.nostrimg.com/7632888b76c87c8b4ed6378fb7211e8a5797ce5d3ee4d885d3225023414c6534/file.png

2023-07-06 23:41:58

Bottom of value being advertised. Forced selling if buyers no longer like these prices. #AuctionMarketTheory #VolumeProfile
https://i.nostrimg.com/15c533e5133a92cc37f9f38fcac16dfc20a1478b2d6b54dec14ce8d722c26e35/file.png

2023-07-06 18:58:37

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Desperate attempt to maintain power over peoples economic autonomy. People will notice the terrible value proposition.

2023-07-04 19:58:41

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The better way is work to change it. That's what I like about the Bitcoin community. The currency system is exploitative? Make one that isn't. Centralized social media is full of perverse incentives? We'll make one that isn't. Don't fall for the defeatist attitude.

2023-07-03 20:22:32

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Bitcoin Core needs to move away from github. This has always bothered me.

2023-07-02 16:20:29

Pullback buyers. Still inside value. Expecting test above value where it will either reject or shorts become forced buyers. #AuctionMarketTheory #VolumeProfile
https://i.nostrimg.com/a77c8c92b2dd089766c58ba2cc7dcf6d581f90be31c90281d1c9f6cbd0a01923/file.png

2023-07-01 19:26:46

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I'm using Nostrid and it has a global feed. It wouldn't be to difficult to build a filtering system on the application level to mimic that behaviour. So not as refined as twitter but it's not far away from it.

2023-07-01 19:04:25

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My fear was that nostr would require being a network engineer to use as been my experience with other open source projects. Thankfully that's not the case. Devs have gotten the message of the importance of ease of use. I find nostr as easy to use as twitter.

2023-07-01 19:04:25

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2023-07-01 18:15:22

Value beetween ~30k - 30800. Lower prices relative to value advertised; buyers found it cheap. Now for the test of top of value. Price is advertised first, acceptance or rejection comes second. #AuctionMarketTheory #VolumeProfile
https://i.nostrimg.com/5b7c9dfb1ef2c39cca0bdc261693d216593a996615c189c4a6b77af2479697e0/file.png

2023-07-01 17:47:38

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This is a perfect opportunity to get people to try nostr.