Hey guys, do you think a big bullrun might cause a spike in activity here? or do you think that the learning curve and journey when a noob takes longer with people only learning about things like nostr and SN later in the curve?
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31 sats \ 7 replies \ @0xbitcoiner 12 Nov 2024
What I see with a bull run is the ZAP value starting to drop!
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95 sats \ 6 replies \ @Undisciplined 12 Nov 2024
More rewards for me, then.
Stacker News is on a bitcoin standard, so zaps should be based on the sats accounting on SN. There's no need to bring filthy exchange rates into it.
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13 sats \ 5 replies \ @0xbitcoiner 12 Nov 2024
You're right, I've personally reduced the number of zaps in recent weeks, but I've increased their value. But I also think it's normal for people to lower their value.
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31 sats \ 4 replies \ @Undisciplined 12 Nov 2024
It's a mistake in general and those who hold steady or even increase their zapping will reap the rewards.
I've been crusading on this for years now: zapping more pays for itself for most stackers. We're still well below the zapping equilibrium.
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13 sats \ 3 replies \ @0xbitcoiner 12 Nov 2024
yes, if you zap the top posts and top comments.
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23 sats \ 2 replies \ @Undisciplined 12 Nov 2024
That's endogenous, though. If you zap a post or comment more, then it's more likely to be a top post or comment.
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20 sats \ 1 reply \ @satgoob 12 Nov 2024
I feel like the people who see a bitcoin pop and make a purchase will link up a credit card and buy a comparatively large amount of bitcoin ($20+, a lot of $100+ in wealthier countries) that would take a lot of content to get to. For example, $20 is currently ~23,000 sats. That would take a lot of zaps (and not giving back a lot of zaps).
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21 sats \ 0 replies \ @kilianbuhn 12 Nov 2024
typo?
you mean 20k-100k as large amounts, right?
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17 sats \ 0 replies \ @Satosora 12 Nov 2024
I think sn is still a bit niche.
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123 sats \ 8 replies \ @DarthCoin 12 Nov 2024
When I see people using these wall street terms like bullrun, bullish, bearish etc I see only fiat maxis that have no idea what is Bitcoin for.
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0 sats \ 7 replies \ @stack_harder OP 12 Nov 2024
sadly, whether you like it or not, a fiat price going up lures more people into learning about bitcoin.
if there was no fiat price action, it would just some highly niche thing traded between a minuscule group of OGs and would have absolutely zero impact on the world or humanity.
then you would be sat in your basement waxing lyrical about being sovereign with 7 million bitcoins that had no use to anyone
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5 sats \ 5 replies \ @DarthCoin 12 Nov 2024
I wish BTC price will go to $1 so all fiat maxis like you will go away.
Bitcoin is not for you.
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0 sats \ 2 replies \ @zapsammy 12 Nov 2024
we are forced to keep conflicting ideas in mind because others hold on to the bad ideas, and without interaction with other creators on earth it would be a boring place. i think everyone deserves to learn about the better way of life. the challenge is to trick them into it.
the rising $/btc price is the analogy of bitcoin's value to people. because the personas worship a money god, we'll have to use the price as the bait, for now. i think that the numerical memes of bitcoin price are pretty good as an occultic tool, to liberate people's mind with some humor, even for a moment.
for the very few that do not care about the god of money, other tactics may work.
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233 sats \ 1 reply \ @DarthCoin 12 Nov 2024
I suggest to all those focused only on the price of BTC in terms of fiat to read this old article by Jeffrey Tucker in 2014
https://fee.org/articles/what-gave-bitcoin-its-value/
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0 sats \ 0 replies \ @nym 12 Nov 2024
Thanks for the reference! I haven’t read this before
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0 sats \ 1 reply \ @stack_harder OP 13 Nov 2024
that's not how life works im afraid Darth, you think you can't gatekeep bitcoin and how other people use it , want to use it or think about it . and just because someone who doesn't use it or think about it the same way as you is wrong or a fiat maxi. you're just arrogant.
shit, you probably look down your nose at people as inferior if they purchase groceries with fiat because they're 'stupid'.
if something happened that did result in bitcoin's drop to the exchange value of 1 dollar, that would be the end of bitcoin , period, the death of the network and the destruction of people's faith.
it wouldn't be a good thing, you'd love it sitting on your high horse though
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110 sats \ 0 replies \ @DarthCoin 13 Nov 2024
No, the end of bitcoin is when stubborn people still use fiat.
The BTC price in fiat it means nothing.
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0 sats \ 0 replies \ @Akg10s33 12 Nov 2024
Excellent answer 👌
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90 sats \ 6 replies \ @k00b 12 Nov 2024
I'm not sure it will. It might if people knew we existed, but they don't.
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16 sats \ 4 replies \ @0xbitcoiner 12 Nov 2024
I don't think it's a bull run either. Maybe some publicity in specific places will help. I'm doing my bit by sharing some links on nostr. I believe in the SN model but I know it's a difficult model for the vast majority of people to fit into.
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78 sats \ 3 replies \ @stack_harder OP 12 Nov 2024
v4v does seem to be very hard in practice
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143 sats \ 0 replies \ @028559d218 12 Nov 2024
Technically.... v4v is 'not' the model of sat-sharing that SN employs. It's real sats, back and forth, for quality content.
Over a long-enough time period the whole internet will function this way as it's just better...
From what I understand... 'v4v' is a bitcoin scaling protocol where the amount of sats 'sent'... cannot be verified independently by the receiver (which is not the case right now obviously)
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15 sats \ 0 replies \ @grayruby 12 Nov 2024
It's a completely different model than attention/ad model. Inertia is real. It is hard to get people out of habits once they create them. Slowly but surely.
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14 sats \ 0 replies \ @0xbitcoiner 12 Nov 2024
true. I myself had a hard time absorbing v4v idea. Proof of this was my start on SN, the day I registered I made a post (link) and then I didn't come back for a month. During that month the only thought I could think of was, SN people are so geeky! Ahaah
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0 sats \ 0 replies \ @stack_harder OP 13 Nov 2024
@k00b would it be possible to do like a colab with, for example, some of the various bitcoin businesses, like Fountain, cold card etc, where they perhaps get given a territory here and it would act as a subreddit for their product/business/service, and they could mention it or have permalinks in their marketing and communications and whatnot to spread the word.
sure, we could argue that many of them already have a subreddit, but i think it would make sense for them to have something here since we are all balls deep in bitcoin anyway. SN seems like a very appropriate place to be and the more btc-type businesses that come, the more the word spreads etc. just a thought
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21 sats \ 0 replies \ @kilianbuhn 12 Nov 2024
I am worried. Even with aths, orangepilling is dead 💀💀
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17 sats \ 0 replies \ @leonidastouch 12 Nov 2024
Yes it will definitely spark a spike of multiple activities here at SN. You will notice how bounty driven post are being swarmed by most stackers as of the moment. If they see a bounty post they will swarm that post as if there is no tomorrow.
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0 sats \ 0 replies \ @7e6e393a56 12 Nov 2024
They may come, but come calmly
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0 sats \ 0 replies \ @guts 12 Nov 2024
I believe Reddit is doing a good job keeping users not leaving Reddit. SN is still niche like HN or Lobsters
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0 sats \ 0 replies \ @nym 12 Nov 2024
I expect so
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0 sats \ 0 replies \ @WeAreAllSatoshi 12 Nov 2024
What would bring new people here because of a bull run? I guess I’m asking, what will create growth on the platform?
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0 sats \ 0 replies \ @Satoshi__Nakamoto 12 Nov 2024
I think so let's see
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0 sats \ 0 replies \ @Recongraves 12 Nov 2024
Don't matter 1sats is 1 Sats last timee I looked. 😎
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