Damus
Wicked profile picture
Wicked
@w_s_bitcoin
How does it make you feel knowing that over half of the current bitcoin UTXOs are worth 1,000 sats or less?
484❤️21🤙6👀2❤️1💀1🤔1
The Bitcoin Vandal · 62w
Yikes? 😳 Gonna stay stuck there forever as fees go up?
Node Runner · 62w
At what price does the dust limit get adjusted downwards?
hodlpleb · 62w
how does it make you feel knowing there are 20,000 bitcoin nodes?
GFY · 62w
CAN THIS NOT BE SOLVED TECHNOLOGICALLY SOMEHOW? EVENTUALLY?
2Pac · 62w
🤯
nostrich · 62w
These are my DCA transactions, withdrawn daily to cold storage
SuiGenerisJohn · 62w
such a bummer
The Bitcoin Chef · 62w
Sad for the poor fuckers if they done consolidate in time
ZimFox · 62w
Surprising but Good ! Now assume 1M USD BTC - a 1000 sat UTXO is worth 1/ 100,000 of a million USD = 10 bucks We want billions of people to have 10 USD (equivalent) - this can only happen if money is more evenly distributed - from the banks and major institutions to the plebs (billions of them)...
Scotty 5 Times · 62w
This is why the sweet UX of consolidating UTXOs on Bitkey is great for newbs nice work nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m & team
ew0k · 62w
Custodians and L2s are the future I guess 🤷🏻
Ronin · 62w
TX fees will force them to consolidate.
21bydesign · 62w
Surprising.. Love your visuals btw
Smash Bhai · 62w
😳
Zoltán · 62w
Yeah, it's called dust. 😉
Smash Bhai · 62w
‪What are the optimal minimum and maximum UTXO sizes in your opinion? TIA‬
JohnySats · 62w
https://i.nostr.build/nWgAa.gif
armstrys · 62w
What % of value is it? (Presumably small)
Bitcoin Boomer · 62w
Sounds like dust. It will cost almost that in fees to move.
Θεόφιλος · 62w
Like I've managed my UTXOs 1,000,000% better than a ton of folks lol
Cryptopotter89 · 62w
Is it because of DCA and some exchanges send it to your wallet as soon as you purchase? And people don't know how to consolidate UTXOs? I feel bad for the plebs that own those smaller UTXOs.
Fabian · 62w
The problem starts with the people not knowing about UTXO‘s
leeyak⚡️ · 62w
Wait long enough, and that dust will become rocks you can move. Sedimentation will happen.
EchDel · 61w
If energy is free the cost of a transaction could be reduced to an extent that dust becomes spendable. If the dollar hits sat parity +-10 years from now miners would happily accept 50 sats to move a thousand. Many of those wallets might be lost after being emptied and keys discarded in the pre segw...