How many Happy Couples out there?

Happy Couple Rune has just been etched!

👩‍❤️‍👨 Total supply: 7.7M
👩‍❤️‍👨 Limit per mint: 100
👩‍❤️‍👨 Divisibility: 2

Every Happy Couple is welcome to mint!

Mint now: https://runebtc.xyz/rune/HAPPY%E2%80%A2COUPLE%E2%80%A2RUNE

Twitter: https://twitter.com/HappyCoupleRune

For any of you interested, this website is very good and provides many metrics:

https://bitmap.community/explorer

True is not perfect but they just count the ones that are actively trading, now just any coin you create and make a swap of $1 on uniswap, so it’s not entirely that bad.

The reference to the 52% was just a reply to doomad when he was implying that ICO coins had zero value, I just replied that 52% of the market are those ICO coins and they have value, most of them in that 52% bucket were ICOs. Too much discussion about this 52% when there is nothing to discuss about it, would be much more productive of the discussion continues about bitmaps

You still talking? Ain’t reading your crap you are clearly a spammer just posting here to spam links. You should be ashamed of yourself and anything you post has literally 0 value because your only intention to post is to SPAM. You are nothing more than a low iq d*mbass spammer and you are nothing.

Listen d*mbass, I’m in crypto longer than you for sure and you are nothing.

Perhaps the only one spamming here is you with the shi*tty domain in your username and your spammy referral ads.

If you have nothing of value to add to the discussion just shut your mouth and go spam your links somewhere else. LOW IQ D*MBASS

If btc has 48% dominance all other coins have 52%. Are you that retarded?

Source: https://coinmarketcap.com/charts/

If you scroll to the right on the top you see Dominance: BTC: 48.5% ETH: 18.8%

If it can be exchanged for money it has value. Ordinals can be actively exchanged for money therefore they have value. Period. Full Stop. Your theory is debunked. Finito. EOF.

It seems you didn’t dig too much yourself, first you only highlight the part that says WORTH totally ignoring the rest of the sentence, when actually the most important part are the last words: FOR WHICH IT CAN BE EXCHANGED

Your crap can’t be exchanged for 5k, therefore your price is incorrect, it doesn’t have value AT THAT PRICE. But that doesn’t mean it doesn’t have value at all, there are plenty of scientific research facilities that would happily buy your crap for few bucks, so it actually it has some value.

Actually I’m not half away anywhere, I always had my opinion formulated about this since the beginning. That doesn’t stop me from wanting to learn about the market and profit from it.

They are obviously not a scam, they are a legit form of technical stupidity that perhaps is so stupid that makes it a genius ideia. All of this perhaps because of the lack of innovation in the crypto world for a long time.

And by the way, having a price and actually be actively exchanged DOES MEAN it has value. I see lots of people here saying that “having price does not mean it has value” like they are Gandalf trying to be a wizard or something. Just no, anything that has a price and is actively traded HAS VALUE. Full stop.

Oxford dictionary for the word value: “1) how much something is worth in money or other goods for which it can be exchanged”, learn you language folks.

Also relevant, meaning of the word stupid: “1) behaviour that shows a lack of thought or good judgement“, exactly how ordinals were invented

Not saying who doesn’t like ordinals are the bad guys at all, everybody is entitled to their view.

I just think it’s a bit naive to deny the fact that bitmaps/ordinals have value. To be honest they are the most stupid thing I have seen in the crypto world, the second most stupid thing are NFTs all together, but ordinals are on another level of stupidity. However I accept the fact that the market gives value to this junk and on top of that I want to understand how/why the market is valuing this.

Again, everything what I posted here was based on the market data analysis, so I’m not really imposing anything, it’s just how the market is behaving. It’s as stupid as the car number plates market, but hey if there is a slight chance that this is gonna be big in the future and you have the chance to participate in the early stages, why not right?

Only a fool would let this pass when there is a chance that this can become big and you can still get them for a price below $50. Decentraland land plots for example are trading with a floor price around $1000.

In 1,000,000 numbers there are 45 repeating numbers, like 444, 111, 9999, 999999.

Same like numbers ending with 0 like 1000, 200000, 400000, they are also 45.

The direction the market is taking is clearly overvaluing these kind of rare numbers.

Now why people are perceiving these numbers as rare numbers that’s another story, perhaps because of the laziness of how the human brain works? It takes less brain processing power to read a number like 999999 than a number like 181735.

I don’t see this as art to be honest but something else: there are countries that have markets for car number plates, some numbers go to insane prices, and the same rules that apply in that market seem to apply on the bitmap market as well. Is that art? I don’t think so, people just want to be unique or show off something, not all collectables are art, uniqueness is not art. But uniqueness has a price.

A number like 999999 is unique in human terms, not in mathematical terms. This market is human.

Reference: https://www.firstpost.com/explainers/most-noble-numbers-why-the-car-number-plate-p7-became-the-worlds-most-expensive-12437422.html#

You realize that 52% of the crypto market are those ICO coins right? Ethereum was ICO too, there is plenty of value there. You have your mind stuck in 2009/2010? Open your mind, even tho ordinals seems to be a stupid concept, finally the market decides what has value or not, you shouldn’t be that arrogant to call everything except bitcoin a zero value thing.

Even tho bitmaps aren’t unique (you can mint the same text over and over again), but the market organized itself to count only the first mints as the valid ones, floor price of bitmaps went up more than 500% in the past weeks. Obviously there is value here even tho it looks technically stupid.

You look like those old men that don’t tolerate young kids with smartphones, just because in their time they used playing with rocks or something. Actually smartphones are the greatest invention of all time, you have access to all the knowledge in the world whenever you want and immediately.

Perhaps in the future when the metaverse becomes a real thing, those who were getting bitmaps at this time will the super rich of the future, same as those who bought bitcoin/ethereum years ago, who knows

And who are you to decide if it has value or not? the market says it has value, that’s a fact. You talk as if the markets are mathematical (they are not, rather irrational).  People are valuing repeating numbers over normal numbers. In case you didn’t read properly what I said, I repeat: the data I presented in my posts are based on the results of the analysis of the market data. Bitmaps that fall on those categories that I listed are being traded at higher prices than the floor price, some of them at $1000+ each. And not just listed for sale, actual trades.

The way I see it, first bitmaps are a NFT limited to around 800k supply as of now. Compare that with the supply of bitcoin + the cap of all the metaverse projects out there and you see the potential. It is possible that the floor price for bitmaps will reach a high value. Also a bitmap with the number 999999 will have a higher value then a common number like 718291, so yes I think they can be valued by the rarity of their numbers. The points I listed in the main post are the ones I found that people are using, if you analyze the market data you see there is a tendency for rare numbers to be traded at a higher price.

Nice to see this puzzle is still on going. It’s been years and I totally forgot about this.

So the conclusion until now is that it is only possible to crack the keys with brute force and no formula was found?

Was thinking to start working on this again but when I think of the amount of brain cells that are going to be destroyed I just shake it off.

What I could eventually do is provide some funds for funding of hardware or something needed.

Anyone thinks that with the help of some funds it can help to crack the case?

Bitmap ordinals can be hard to value, what concepts are you using to value them?

And what's your opinion on them?

I guess it's interesting to hear what the community has to say.

Here the conclusions I found on how to value them

1. 1 digit blocks (most valuable ones)

2. 2 digit blocks

3. 3 digit blocks

4. Blocks sub 10000

5. Blocks sub 100000

6. Blocks sub 32486 (2009 blocks, first year of bitcoin)

7. Palindromic Numbers (they are rare numbers, see here)

Number of digits	Range of numbers	Total numbers in range	Palindromic numbers in range
1	0-9	10	10
2	10-99	90	9
3	100-999	900	90
4	1000-9999	9000	90
5	10000-99999	90000	900
6	100000-999999	900000	900

Examples: 828, 1001, 33633, 641146, 772277

8. Sequence numbers like 123456 or 654321

9. Repeating numbers like 11111, 21111, 100000 or 201201

10. By block value, see https://bitfeed.live/ for example block 395337 has a value of 1,067,392.4 bitcoin

Sites I use to check block details

https://bitfeed.live/

https://btcbitmap.com/verify

For trading

https://magiceden.io/ordinals/marketplace/bitmap

https://ordinalswallet.com/collection/bitmap

To analyze the market data

I extract all the data from magicdeden and ordinalswallet and then run some scripts on the data

To get all the bitmaps data from magiceden I get the data from their api directly, example url

For ordinalswallet data I download all their data via their api, example url

(don't open it via the browser the file is too large, download it as a file, analyze it with a script)

For bitfeed api, first get the block hash (example url) and then call the api (example url)

if you are familiar with bitcoin bitmaps minting maybe you like this, bitmap minting on the ethereum blockchain, minting still available and very early stages https://opensea.io/collection/ethbitmap

300 Token pool added to Sushiswap:

https://www.sushi.com/swap?token0=ETH&token1=0xaEc98A708810414878c3BCDF46Aad31dEd4a4557&chainId=1

You still don’t understand that no one is forced to upgrade anything? People should check their risks and do what they want, like in any crypto