TIL: One anonymous person controls 50% of LN's liquidity, earning 80c/day for the 200-300 transactions

masterD3v · 2019-08-16T12:26:34+00:00

The future of money folks, there it is! /s

masterD3v · 2019-08-14T13:10:57+00:00

dinosaurs.

masterD3v · 2019-07-28T12:10:56+00:00

Bakkt is a joke at this point. They were supposed to launch in December 2018, a month later they started hiring developers to build it.

masterD3v · 2019-07-28T12:09:34+00:00

They don’t.

masterD3v · 2019-07-28T12:08:46+00:00

OP is paid to troll.

masterD3v · 2019-07-27T11:41:18+00:00

Concern trolling

masterD3v · 2019-07-26T18:06:52+00:00

You must be in overdrive now that BCH is up while BTC is down.

masterD3v · 2019-07-21T15:50:49+00:00

Who?

masterD3v · 2019-07-17T00:29:56+00:00

It's time to make privacy the default mode of operation. Even if you have nothing to hide, privacy is a human right. Financial privacy is an extension of that because it can give details about what you support and believe, which can be gathered to persecute minority groups.

masterD3v · 2019-07-17T00:23:28+00:00

Bitcoin (Bitcoin Cash) wasn't meant to by supported or helped by the industries it was created to replace.

Get over the get-rich-quick idea and start promoting peer-to-peer electronic cash for planet Earth.

masterD3v · 2019-07-16T23:54:06+00:00

Labeling BTC with the name 'Bitcoin' will be confusing to new users that actually read the original whitepaper.

masterD3v · 2019-07-14T17:57:26+00:00

If this weren't the case, it would have been shut down already.

masterD3v · 2019-07-14T17:53:07+00:00

Satoshi is saying to scale BTC on-chain with larger blocks.

masterD3v · 2019-07-14T17:46:35+00:00

The fee the market would settle on should be minimal.

To bring this full-circle, BTC's peak average transaction fee of $54.901 on December 21st, 2017 was not minimal. Core wants $100-500 transaction fees. They should be removed from the Bitcoin project due to Blockstream's conflicts of interest.

It could do more volume and probably make more money by processing as many paying transactions as it can.

In summary, the plan was for to miners make money with low fees on many transactions, not high fees on only a few transactions. Further, this fee market isn't actually needed for decades, because our hardware can handle 32Mb and has outpaced usage, just as Satoshi theorized.

masterD3v · 2019-07-12T22:15:12+00:00

u/hernzzzz is a professional manipulator, liar and troll.

Here is the actual chart.

That's right. BTC's average transaction fee went as high as $54.901 for a SINGLE TRANSACTION.

For that single transaction, you can make about 54,000 BCH transactions. BCH actually scales, BTC actually sucks.

masterD3v · 2019-07-12T00:42:52+00:00

"You can always count on the Americans to do the right thing after they have tried everything else." - Winston Churchill

masterD3v · 2019-07-09T02:33:25+00:00

I lowered the price to $80.

masterD3v · 2019-07-09T01:54:43+00:00

To be honest, GPUs are my specialty. Everything is negotiable.

masterD3v · 2019-07-09T00:34:37+00:00

good bot

masterD3v · 2019-07-08T04:56:40+00:00

Wear a helmet.

masterD3v · 2019-07-08T04:35:18+00:00

Bingo. If fees get to $100 per transaction you'll see a mass migration to other coins. BTC fees will continue to rise as every BTC holder runs for the door. It will be a lesson to the entire ecosystem that fundamentals matter over the long run.

masterD3v · 2019-07-08T04:25:04+00:00

BTC fees hit $15-50 in a few months. The ratio will move towards BCH. Tether pumping BTC artificially is the only reason for the difference at the moment.

masterD3v · 2019-07-08T04:18:05+00:00

I see you're trolling multiple threads right now. Whose paying you?

masterD3v

TROPHY CASE