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Howdy there, partner! Welcome on into the Stacker Saloon.

Saddle on up to a stool and spill the beans about your day, fire away with them questions, or let loose and give us the lowdown on your wild and woolly life. We're all ears, so don't hold back!

We're open round the clock, so mosey on in whenever you please!

0 sats \ 0 replies \ @Akg10s3 1h

I'm not worthy of being called "Bitcoin" yet. But I think my aptitude is that of that guy! Because I firmly believe ⚡⚡

133 sats \ 1 reply \ @Scoresby 1h

Very cool work by @daniela (#1227022)

Reported minimum relay fees

MinRelayFee	Nodes 10/09	Nodes 15/09
1 sat/vB	25,125 (89.0%)	24,695 (86.5%)
No FEEFILTER sent	2,135 (7.6%)	2,331 (8.2%)
0.1 sat/vB	569 (2.0%)	1105 (3.9%)
9170997¹	84 (0.3%)	73 (0.3%)
.001 sat/vB	81 (0.3%)	91 (0.3%)

I'm surprised that so much of the network (~87%) is still at 1 sat/vB, especially considering that we are seeing almost 40% of all transactions having a sub-1 sat/vB feerate.

source

I suppose the nofeefilter set nodes may also be relaying transactions, although I suspect they would be using the default of whatever client they are running. Core 29 I think is the only version that has a lower default than 1 sat/vB.

4% of nodes having a more permissive policy leads to sub-1 sat/vB transactions being 40% of all transactions.

@0xB10C thinks these nodes were doing IBD or were not caught up to the chain tip in some way. ↩

0 sats \ 0 replies \ @nitter 1h

https://xcancel.com/OrangeSurfBTC/status/1968293577362145485

33 sats \ 7 replies \ @siggy47 2h

A week or so ago there was a post about terms guys use to refer to each other. I mentioned how much I hate being called chief. This morning movers came to take some furniture of my mother in law's from our house to other family members. The main guy immediately addressed me as chief.

No tip today. I won't even offer bitcoin.

36 sats \ 1 reply \ @SimpleStacker 1h

What if he called you pal? Would fisticuffs ensue?

130 sats \ 0 replies \ @siggy47 53m

I'm way too old. A crazy thing happened last night, speaking of fisticuffs. I was at a classic rock (early 70s) concert with my peers. I would say everyone in the place was older than 60. My wife and I were enjoying the show when suddenly two old geezers next to me started throwing punches. These guys were OLD. Chairs went flying, they were yelling loudly, throwing fists and f bombs. It was bizarre and very loud. The band stopped playing for a moment, then soldiered on. Security broke it up, but the instigator got loose and escaped the venue before the police arrived. It was entertaining.

36 sats \ 4 replies \ @0xbitcoiner 2h

😂 Maybe it wasn’t just a way of refer to people, because in this case you really were the chief, at least if it means the same as in Portuguese (boss?).

33 sats \ 3 replies \ @siggy47 2h

Oh no. Nobody calls the real chief "chief" around here.

36 sats \ 2 replies \ @0xbitcoiner 1h

Here we only call the boss 'chief' if we’re really tight with him.

33 sats \ 1 reply \ @siggy47 1h

Firemen call their chief chief out of respect. Tone is important. I'm exaggerating. I'll tip the guy.

36 sats \ 0 replies \ @0xbitcoiner 1h

😂🤣😅

0 sats \ 4 replies \ @ignaciob 2h

Yesterday my financial advisor proposed me to sell ibit and buy eth etf. I told him to not do that because philosophically Im bitcoin only. If financial advisors learn more about bitcoin and less about rapid money, more people would invest in bitcoin etfs.

0 sats \ 3 replies \ @siggy47 2h

But if they learn more about bitcoin, they won't sell etfs.

0 sats \ 0 replies \ @kepford 4m

I mean... they probably will. If you have a lot of money tied up in tax advantaged accounts on a financial level in the short run it makes sense. But if you think the state could take that money or whatever... you probably should sell all your stocks and go all in on bitcoin.

I just don't see financial guys doing any of that. They are too bought into tradfi. Even if they do get bitcoin.

36 sats \ 1 reply \ @ignaciob 2h

By today it is almost the only way for companies to invest in bitcoin.

0 sats \ 0 replies \ @kepford 5s

Where are you getting that?

That's not true. Its an easy way but companies can buy bitcoin and hold it. Nothing has ever prevented that legally in the US. So accounting rules have changed that make it easier and the ETFs make it so that they don't have to learn how to do it. But they have been able to buy bitcoin for a while now. There are whole companies that have helped them learn to do so. Saylor even had a training course for companies to do it.

Even small businesses don't need to buy the ETFs. A small business that doesn't have any money in markets for example would have to go through the same process to open up a brokerage account that they would to open up a Strike account. It might be easier to do it with Strike. They buy bitcoin on Strike and can send it to self custody. They just need to do the accounting and track it all.

Writing this more for the others that might see this. If you have a small business you can legally buy bitcoin and hold it. You do not have to by paper bitcoin. That is false and its not easier either.