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But I'm obviously missing something. What am I missing?

"skin in the game"; also, lightning fees don't make any difference unless your "algotrading strategies" are only unprofitable due to blockchain fees.


data brokers will rob you blind with the lure of backtesting your ingenuity

genius loses against dry powder and adapting to the ebb and flow of a financial tide

high fees aren't always telling you to switch venue or protocol, they might be reminding you it's been a long session


tl;dr read Chris Stuccio's "HFT apology" if you're ready to pay tuition; i.e. actually spend dry powder rather than flick sats around and split hairs below 1sat/kvbyte

2 sats \ 1 reply \ @adlai 8 Mar

oops I sent the wrong link!

@06bc1a977d @supratic

read Chris Stuccio's "HFT apology"

it's good although the better one is probably "Wealth: The Toxic Byproduct", with the guiding question of whether you're actually performing any beneficial service to the world by increasing consumption of LN capacity[1] just because you noticed fees were low when you began planning.

  1. it's not infinite. grow up... bitcoin is finite, channel liquidity is finite, and irreversible payments erode the processors each time someone rakes fees or even rebalances for free

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was kidding

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Make sense!

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Make sense!

talk slow


alternatively, proofread. there's an editing timer for a reason.

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