Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Gachapin
on 23/10/2023, 18:14:24 UTC
⭐ Merited by JayJuanGee (1)
Well, if that dev Bob cited is right, then Lightning is apparently cooked unless a fix is possible.
If so, Phil has a solid argument as you cannot accommodate coffee buying on bitcoin (without Lightning).

Do I care? Not much as my infrequent txs can still be posted, but it (bitcoin) cannot be a medium of exchange for the planet.
Is BitVM any better? I have no clue, maybe it is too new.

Perplexed.

Last time I'd check, Bitcoin and Lightning was still being developed and improvements are being sort and worked through...

am I missing something?.... the narrative over the last a few pages make it seem like, that is it! we are fucked! nothing can be done to solve buying a coffee!

stop being a BTC maxer and let LTC/Doge do the lite work.

BTW I will be driving to the mine and dropping in 550th of BTC miners and zero Scrypt miners.

+2 sMerit for the 550th

-1 sMerit for the LTC/Doge statement!

Look I am a satoshi guy which means am a POW guy

So 3100 watts an hour with a s19xp means 141 x 0.0622 cents or $8.77 a day
and 3100 watts hour with an L7 means  9 x 1.31 usd or $11.79 a day

so we can argue all you want.  but my L7's are paid off and make $3.02 a day more

Which if you go back a bit on this thread you will read I cashed LTC and Doge in in order to buy more BTC.

So I ask you is spending 3100 watts an hour to get $11.79 in btc better than spending
3100 watts an hour to get $8.77 a day in btc?

I have earn more value with Scrypt  mining since 2018 than I have with BTC mining .

And I am far more invested in BTC gear and power  than scrypt .

The difference is my Doge mine and hodl was really really really really really good.

At the moment I am not holding my LTC or my Doge profits I am cashing them and setting up BTC DCA buys.

So if you read this you will see I am a BTC 85% person and 15% Scrypt

and it has worked well since 2018

Philipma, there is a HUGE difference between "I mine the shitcoins ltc/doge and immediately dump them for btc" versus "Buy ltc or doge and hodl it to buy coffees, guys!! They will take over street commerce!"

Like a giant, galaxy-size difference.  Roll Eyes

So quit espousing the latter, when you only mean the former. It's tedious and annoying.

The following is just a thought that came to my mind and not something I want to say to philipma1957, but:

I have the feeling that shitcoins do something to your brain.. and I mean something different from what BTC does to your brain.. something that lets people lose some of their rationality and their ability of self observation. Have seen it with many acquaintance who were interested in or bought shitcoins.

Mining shits for bits is not a problem though.