spacestr

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nodesy
Member since: 2023-03-15
nodesy
nodesy 4h

nodesy
nodesy 5h

good to see I haven't been missing anything after removing traditional media from my daily routine

nodesy
nodesy 5h

Rage bait puts me to sleep

nodesy
nodesy 5h

We might be entering the final grift cycle— started with Trump coin, middle is Saylor yield coins, ends with (?) and hyperbitcoinization

nodesy
nodesy 3d

I will buy art on ordinals I really like but most things are priced quite high when you compare to a physical copy. Cool ordinals artworks are usually about $50-300 which is pretty common for a physical art print. The difference is usually there's at most 500 physical prints available whereas with ordinals these artists are making 10,000 copies. Sure, they are technically 1 of 1s but each is made programmatically, so IMHO they are basically low effort print copies. The price stays high because only 1-10% are listed. In contrast, true 1 of 1s are usually reasonably comparable to physical originals, in the low thousands. Anyway, my point is I think 10,000 collections are overpriced by a factor of about 100 so watch out.

nodesy
nodesy 8h

I think he’s speaking to the larger theme of it doesn’t matter in terms of a bear market won’t stop bitcoinization from happening. I haven’t heard him criticize people who have dollars or other investments— I’m pretty sure he’s even said he invests in MSTR and other companies

nodesy
nodesy 23d

I pitched a business idea to a few friends and was like, it only needs x money then is profitable in 2 years— never happens in biotech. You need angel raise, seed, series A, 10-15 year timeline. I show them the cost savings for customers and how much I sell for, how many likely sales per year, how much it costs to produce etc— how much profit can pay for even more products and improving the first suite of products iteratively. (Similar products without customer savings sell thousands of units per year; I literally need 10 sales to break even). Every single person was like ā€œhow will you get series A?ā€ And I’m like, I don’t need it— I’m profitable. They’re like ā€œwhat do you mean?ā€ I couldn’t make it any clearer. Everyone wants to know where the free grant money comes from or the investor splurge with the easy exit before the shit hits the fan. Doesn’t even occur to people that you can just make something that makes money šŸ˜‚

nodesy
nodesy 9h

https://fountain.fm/episode/ZdEWgZYaIT5rpusymyE7

nodesy
nodesy 10h

Incredible

nodesy
nodesy 11h

Twitter is noise

nodesy
nodesy 13h

May the 4th be with you

nodesy
nodesy 13h

cool bear market hat

nodesy
nodesy 1d

Looks like it sells all my data just one man’s opinion

nodesy
nodesy 1d

if ordinals and nft pfps gain in popularity again and then have staying power I really wonder which will be at the top long term and how many total collections will matter. Eth only has like 3 desirable collections. So we’re talking current demand is for about 30k single pfps. We know many flipper-holders have 10+, so let’s shrink the current real demand by individuals that only want one ā€œforeverā€ pfp by 10x. With a 10x growth in crypto usage, that means the number of 10k pfps that can service most individual’s demand for one should be between 3 and 30, roughly. This means there’s room for a few ordinals top tiers, imo. And of course especially if eth price tanks despite usage and then finally dies alongside all other fiats. With increased adoption you should get different niche communities and use case demand, but this is how I think about buying pfps broadly. As a super lightweight collector it’s just a reminder to keep pfps to a minimum and only got after top projects (and of course the ones you love regardless of popularity).

nodesy
nodesy 2d

Yeah kind of a bummer to miss out

nodesy
nodesy 2d

#nodesy nom de plume is derived from satoshi's genesis block timestamp ending in "banks" and another field adding "ÿÿÿÿ" after it because we’re replacing the banks yall

#nodesy

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