Satoshi Roundtable V was fun and informative - here's a recap of the discussions I had on topics such as Lightning Network, Privacy, Sidechains, Secure Hardware, Mnemonic Seed Phrases, Security Tokens, and Grin. https://t.co/c9EeNPWdWS
@MrHodl I will explain what I mean:
- NAT/Wifi nodes are limited by connectivity max 7 connects, no incoming
- Rasp PI has too small memory to keep full-mempool + too limited cpu/network - leading to worst performance
- TOR working & should be used - but again performance is too slow...
When people with IQ lvl X gather together, the average IQ of a crowd - X/2. Crowd always make mistakes.
If you wanna survive on crypto market - you should stay away of crowd, use irrational metrics, have conceptual thinking. #bitcoin#trading
Pareto principle - roughly 80% of the effects come from 20% of the causes. We can apply the same rule for crypto in many aspects: 80% of crypto is owned by 20% of holders. 80% of investors lose money, only 20% make a profit.
People use tech/fundamental analysis for #crypto, but market doesn’t care about it, because this is irrational place. This is incorrect to use rational metrics for irrational market.