ThurtySheven

[ThurtySheven @ImThirtySeven]

@LukeDashjr @FoundryServices @AntPoolofficial I’ll sell you all my 110 bdash sats Luke. Make me an offer I won’t refuse!

[ThurtySheven @ImThirtySeven]

@fold_app @thegastoncruz You’re a bank first and a btc app second. Things have changed over the years. I think the biggest complaint on the fringe is the amount of sats earned on purchases, gift cards, and daily spin. You started as a btc faucet and had to slowly adjust to the growing demand. I get it.🤷‍♂️

[ThurtySheven @ImThirtySeven]

@vulturetrades In to watch and play

[ThurtySheven @ImThirtySeven]

@bitfunded Here for 0

[ThurtySheven @ImThirtySeven]

@choicebyKT Reset blinko drops when you do these promos please

[ThurtySheven @ImThirtySeven]

@3orovik @base Buy the stock on ipo. See how you’re doing today. Coinbase doing soooooo good.

[ThurtySheven @ImThirtySeven]

@Pauly0x Somehow guests who raise their hands in your space consistently make themselves look like morons.

[ThurtySheven @ImThirtySeven]

@alecsime @choicebyKT I’ll bite in search of lower fees within Roth IRA, where at? 🙏

[Michael Saylor @saylor]

You do not sell your #Bitcoin.

[ThurtySheven @ImThirtySeven]

@olvelez007 Let’s remind people to hold in cold storage. Not your keys not your coins. ✌️

[Simple Mining @simpleminingio]

How to Manage your UTXOs as a #Bitcoin Miner

Many mining pools set their thresholds at .001 #Bitcoin which is currently $38. Currently, fees are as high as 130 sats/vB. This means that to move one UTXO of #Bitcoin would cost $7.

Bitcoin transaction fees do not increase based on how much Bitcoin you are sending but how many separate transactions of Bitcoin you are sending together.

Let’s look at 2 scenarios:

Scenario 1:

You mine Bitcoin and set a threshold of .365 BTC from your mining pool. You receive .365 BTC from the pool. You take your .365 Bitcoin and send it to a friend, your transaction fee will be $7 on a $13,870 transaction.

Scenario 2:

You mine everyday and have a deposit everyday for one year of .001 BTC you would be left with 365 UTXOs of Bitcoin at .001 each.

We now know in this high fee scenario, it would cost $7 per UTXO to send.

If you wanted to send .365 of Bitcoin it would cost you $7 x 365 UTXOs which would equal $2555 in fees to send the same amount of Bitcoin as scenario 1!

[ThurtySheven @ImThirtySeven]

@fold_app When you gonna educate us btc only app? Send us out an email. Just tagged you on someone else’s uxto management post. Get users up to date.

[ThurtySheven @ImThirtySeven]

.@fold_app How do you feel about bitcoin companies imposing minimum limits for transactions to actually protect its consumer against high mining fees when combining multiple uxtos in the future?

A lot of these users could lose 10% just in fees consolidating alone.

[ThurtySheven @ImThirtySeven]

@rajatsoni @fold_app you simply need to direct your users to this thread so they understand uxto management. Brilliant.

[ThurtySheven @ImThirtySeven]

@MattBBTC Send me a dm. I’ll say hi once a week.

[ThurtySheven @ImThirtySeven]

Maybe put an email out to all users guiding them and educating them about small sat withdrawals and uxtos?

Take a poll and ask the community if adding a warning in app for withdrawals less than 100k is acceptable? 1mil uxtos are better ofc. 🤷‍♂️

[BitGlyphs @bitglyphsnft]

BitGlyphs was the first project on #BTC to mimic the process of @Autoglyphs by publishing our gen art code on-chain in the form of a "Dumb Contract":
https://t.co/6pFGxScYbI

Each glyph includes a signed message to verify its authenticity.

Learn more: https://t.co/HgZyxiBZaG 👀

[BitGlyphs @bitglyphsnft]

Time for a giveaway 🔥

1) Follow @bitglyphsnft AND @MrFwashere
2) Retweet and like this post, and the one below

Prize: BitGlyph #20 👀
Inscription ID: 150,434
Current value: 0.027 BTC+

Winner drawn in 24H
Entries may be filtered by account age / min followers

#BTC #Ordinals

[ThurtySheven @ImThirtySeven]

@choicebyKT @fold_app But really, how much can I contribute to my Roth btc ira in 2024?? Under 50, $7,000 monopoly dollars?

[ThurtySheven @ImThirtySeven]

@olvelez007 Holidays are a distraction