₿ugsy
@BitcoinBugsy
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Pinned Tweet
Why is everyone pushing this narrative that
#bitcoin
is congested or broken?
#Bitcoin
is working as intended. It has a priority fee structure. If you want your transaction to go through faster, bump your fee. Facts matter, it’s better to educate accurately than mislead people…
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To all you “pre-rune” degens, how do you think the founders of 99.99% of these projects will have the funds to air-drop you your rune when fees are consistently over +1000 sats/vB..?
Something to think about before aping into your 100th IOU shitcoin…
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I iNsCrIbEd On A sAt… 🥴
No, you inscribed data in the witness portion of a transaction. That data doesn’t move, it’s part of a past 4mb block.
You’re trading a receipt.
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This is what max liquidity extraction looks like…
@nodemonkes
announced a FREE MINT but are now auctioning off pieces to the highest bidders…
They don’t care about distribution and they’re only harming the collection by doing this.
Please do not support these scammers.
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🚨 SCAM ALERT 🚨
DO NOT GIVE THESE PEOPLE YOUR
#BITCOIN
...
Fucking idiots want to raise 30m for this garbage.
Pathetic...
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So many people are going to get completely rekt minting
#runes
it's not even funny.
If you don't have a bot, you don't stand a chance...
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Big respect and shoutout to
@nurorealm
that saw my post about the epic sat and didn’t take it to heart.
Instead, he laughed it off and explained how it took over a year to create and 50 libraries inscribed to make 3D art like this possible on
#bitcoin
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I applaud the effort to make trading Bitcoin assets easier.
However, I think there are better ways than using a completely separate side chain…
Sorry, I’m not handing over custody of my assets to an unknown multisig. I’d rather wait 10 minutes and pay <$1 in fees.
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Congrats on making more
#bitcoin
, I will be the first to admit I was wrong about people losing money, I’m glad nobody did.
I will however continue to call out bad actors in the space. If you support founders like this then greed is clearly more important than your morals…
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Why the fuck would I take on an insane amount of counter-party risk to stake my bitcoin for a shitcoin token that doesn’t even exist?
Hard pass. I’d rather keep custody of my bitcoin and sleep well at night.
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I think Leo makes my point here…
Taking a macro class in high school doesn’t make you an expert.
Rate cuts ≠ bull run
Macro is an extremely complicated topic with MANY moving parts.
Hopium is all over the timeline so please form your own opinions and don’t get rekt…
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If an
#ordinal
collection claims they've turned down millions of dollars of VC money with zero evidence, it's likely false and a marketing ploy to get more eyes on the project 🙃
Proof? Trust me bro...
I wish all collections success and not trying to fud anyone. Just an opinion
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People FINALLY being honest about the poor user experience regarding runes…
It’s about fucking time…
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The new runes cope on the timeline is “programmable runes”…
What a joke.
Right now, it’s a huge circle jerk and you’re mad there’s no new entrants to buy your shit bags.
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Whoever thinks OP_CAT isn’t a contentious soft fork is living in denial.
I’m not for or against it here but it absolutely WILL be contentious…
Why? Because people don’t like when others fuck with their
#bitcoin
Whether people like to admit it or not, it IS a big change.
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You fuckers are literally salivating over CEX exchange listings… Y’all couldn’t give two shits about self custody or decentralization. Pathetic
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Most “Bitcoin L2s” aren’t actually L2s.
They’re just their own blockchain/sidechain/multisig with no guarantee of settling back to Bitcoin without permission…
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Creators should listen to valid criticism instead of calling it FUD.
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I understand I may be a bit pessimistic at times, but I know there are some genuine people here in
#bitcoin
I look forward to meeting some of you in Nashville this week
@TheBitcoinConf
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I hate to say I told you so but
#friendtech
is dead…
Thank god, can we please go back to talking about ordinals now?
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@CryptoTea_
If this is true then don’t act like you care about bitcoin and claim you’re concerned about the protocol 👍🏼
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I’m sick of all the shit takes on my feed…
Taking the weekend off ✌🏼
Go touch some grass.
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If you listened to those bozos selling you $FB miners, sorry for your loss...
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Parent-child doesn’t stop centralized marketplace from changing or removing pieces from a collection.
People need to move away from these companies instead of bitching about them all day…
Nothing will change, don’t be naive.
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I may have heavily criticize what he did with the sat, but he can inscribe whatever he sees fit.
Having a difference of opinion is not a bad thing. However, I may have gone a bit too far. I apologize for being overly negative and will try to work on my approach for next time.
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Less than half a month later it’s down more than 60% from my initial post…
Don’t be
#influencers
exit liquidity…
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OP_CAT has officially been assigned BIP 347 from
#bitcoin
core. Personally, I'm on team OP_CTV but it's nice to see the BIP processes getting some fresh air.
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Looks like
@yugalabs
wants to jump back into
#ordinals
after extracting $16.5 million on their first
#twelvefold
drop back in March…
This will yet again be another low effort project destined to flop. Do not give these grifters your
#bitcoin
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This “pre-rune” meta is getting old real quick…
All of these will dump when they’re finally redeemable. It’s clearly a huge liquidity grab…
No actual use for any of this shit, just more shitcoin tokens that separate you from your
#bitcoin
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Prepare for a max liquidity drain of the
#ordinals
ecosystem for the next 24 hours courtesy of
@nodemonkes
...
Ask yourself how the buyers of the
@yugalabs
twelvefold auction are doing...
GLHF and HFSP bidders!
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People need to start being more realistic with
#ordinal
mint prices… Why did
@CyberFrogsNFT
think they could get 0.01
#bitcoin
each on a 335 piece collection in a bear market? Thats 3.36
#bitcoin
($82,000). It’s just not realistic nowadays…
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This is your last chance to sell off your dog shit before
#bitcoin
fees are so high that nobody will want to buy it from you.
Act accordingly.
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A block with only
#BRC20
inscriptions and a few regular inscriptions… no monetary transactions whatsoever 👀
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For the people who say "you can't track sats"...
You're living in denial, naive, have no idea what you're talking about, and nobody should take you seriously...
This alone shows the sheer lack of understanding you have regarding how
#bitcoin
works on a fundamental level.
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Who the fuck thought shitcoin trading on
#bitcoin
L1 would be a good idea…
- 10 minute blocks
- Anyone can pay PSBT sniping
- Batch buys only
- Splitting issues
You can’t make this shit up 🤣
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Throw back to exactly 2 months ago when I made my very first inscription
#2085
. At the time, fees were extremely low (1-2 sats/vB) and I paid about 50,000 sats ($12) for this 93KB file.
Now, if I wanted to inscribe the same file it would cost nearly $100
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Huh, maybe Bugsy had a point and it wasn’t just FUD… 🤔
If an
#ordinal
collection claims they've turned down millions of dollars of VC money with zero evidence, it's likely false and a marketing ploy to get more eyes on the project 🙃
Proof? Trust me bro...
I wish all collections success and not trying to fud anyone. Just an opinion
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So, why did I do this? Well, why not? If you had a 10 minute window and 150 bucks to front run a multimillion dollar company, wouldn't you?
This also begs the question, which is the original? The file inscribed first (first is first), or the file inscribed second by
@yugalabs
?
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"I'm buying rUnEs for the long haul"...
I call complete bullshit 🤣🤣🤣
No... You're buying runes and dumping them for
#bitoin
whenever they pump whether that be 1 or 6 months from now.
Bunch of 🤡's
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@bitgidie
@CryptoTea_
Taxes don’t even come close to paying the deficit lol. Do more math buddy
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Degens are so thirsty for liquidity...
They will literally shill you dog shit for a quick buck.
Hold yourself to a higher standard.
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Hi, I’m new to bitcoin and I’m here to fix it!
Don’t be that guy…
- Bitcoin is purposely slow to upgrade
- Patience is key
- Code is law
Trying to force changes that consensus disagrees with will only leave you disappointed. Bitcoin isn’t a shitcoin, change your perspective.
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Anyone claiming they “own” a
#bitcoin
block is naive and doesn’t understand how the protocol actually works.
People will sell you any false narrative they can to separate you from your sats…
Bitcoin Block
#776408
is owned by BTC DeGods.
A 535 piece collection fully inscribed on a single block.
It had never occurred before BTC DeGods. And it will never be repeated.
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You don't need centralized marketplaces to trade ordinals P2P. You don't need to pay trading fees. Why pay when it's unnecessary?
We should be encouraging devs to create more sites like
@openordex
and start shifting away from these centralized marketplaces.
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Listen up,
#inscription
numbers may change slightly but aren’t going away…
The discussion is wether we keep the numbering the same or re-order according to time inscribed and blessing all cursed
#inscriptions
.
I am for the re-order as
#bitcoin
should be the source of truth ✊🏼
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It seems people haven’t learned their lesson from past shitcoin cycles.
#Runes
are shitcoins, they have no utility and anyone telling you otherwise is flat out lying to you.
It’s a casino. Sure, you can make money but that doesn’t negate the long term value of them which is 0
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@mikeinspace
The intent is malevolent… there’s hundreds of thousands of nodes running world wide, a few pruned nodes mean nothing. You need all witness data for IBD regardless. Segwit was pushed to avoid utxo bloat which is the exact opposite of what you’re doing… do you not see the issue?
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BRC-20 transfer inscriptions are in full force today.
@unisat_wallet
’s BRC-20 marketplace is churning…
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@mikeinspace
This is intentionally bloating the utxo set rather than putting data in the witness… Why would you do this…?
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We need more honesty like this in
#ordinals
.
Be honest, you don’t give a shit about your bags. Your priority is to dump them on someone else for more
#bitcoin
…
“You’re not loyal to any collection”
No fucking shit, I’m here to make money at the end of the day.
While you’re here sitting on your thumbs with strangers in a discord, I’m here making moves to grow my bags.
I will sell anything I see fit in order to find new opportunities
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Another 4 megger has appeared on
#bitcoin
! The newest “Gatekeeping” issue from
@BitcoinMagazine
is now inscribed on bitcoin forever! Looks like
@DavidFBailey
wanted to make a statement and paid $13,500 for this… 👀
Was it worth it? Drop your thoughts below 👇🏼
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@billyrestey
@unisat_wallet
I’ll stick to the main chain. This is just another shitcoin at this point. No real tie to the main chain in any meaningful way
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@udiWertheimer
Just one opinion of many thankfully. One man does not speak for all lightnight devs 👍🏼 there are many that think differently and believe lightning is worth the invested time and will likely succeed.
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They’re getting desperate 😂🍿
Today, Ordinals were entered in the National Vulnerability Database as CVE-2023-50428
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Turns out I was wrong. Bitcoin up 11% on the day is WILD 🤩
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Fine
#art
doesn’t have high volume either but it’s still existed for thousands of years…
#Collectors
will continue collecting until moral improves.
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This tweet is false.
Using segregated witness data does not mean you’re “building a decentralized identity protocol on top of ordinals”…
Read the last sentence again and report news accurately rather than misleading people.
They likely won’t be using the ord envelope at all
BREAKING:
@saylor
the Executive Chairman of MicroStrategy just announced that
@MicroStrategy
is building a decentralized identity protocol on top of the Ordinals Protocol
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Trying to stop
#ordinals
is like using the blue bin to recycle. It all ends up in landfills regardless… Cope harder
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Oof, somebody’s sensitive…
If an
#ordinal
collection claims they've turned down millions of dollars of VC money with zero evidence, it's likely false and a marketing ploy to get more eyes on the project 🙃
Proof? Trust me bro...
I wish all collections success and not trying to fud anyone. Just an opinion
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