No, no, no. I use “parasite” in a neutral context. It is how I see my role in relation to the large capital pools operating in the market I trade. There is nothing negative about being a parasite when the host is bad.
Absolutely. I embrace my role as a parasitic trader. Hedge funds, mutual funds, pension funds, sovereign funds. They are the large pools of capital that move equity markets. The life of a parasite in the market is relaxed and easy.
Is that always true? It seems the Lightning Network bypasses the blockchain according to https://cointelegraph.com/bitcoin-f...tning-network-in-bitcoin-and-how-does-it-work
**** Post is for entertainment purposes only Sell the news came early. Crypto assets are a 24/7/365, no circuit breakers on price moves The price for the mint sale of the land is now known at 305 Apecoins Many who were anticipating a price of 600 Apecoins can now sell the excess coins, imho Another negative is the lack news release of further utility for the Apecoin besides using for metaverse land purchase. This may come later and provide a boost to the price Current price of Apecoin is below $22 from a peak price of $26.91 a few hours ago I was planning to trim my position by ~25% if Apecoin hits $30. Could still happen but until then, no planned trades for me, fwiw
This is correct. Lightning Network is a layer 2 network of the Bitcoin blockchain It operates on channels which are maintained by LN nodes. I have an LN node so I actively participate on the LN and broadcast my transactions to the network without relying on intermediaries [One of the advantages of LN is privacy on transactions and more censorship-resistant protection from miners who want to do OFAC] https://1ml.com/ ------------------ Anyway, the Apecoin is on the Ethereum network and is a transparent blockhain
@ph1l More information on the Bitcoin Lightning Network. Best I can describe it is it's a network that operates on the 6-degrees-of-kevin-bacon algorithm, lol This may be completely false, but it's based on my experience observing the LN channels behavior of my node I have 8 channels setup ranging in sizes from 300,000 satoshis to 3,500,00 satoshis This means the biggest transaction I can perform from my Bluewallet connected to my node is 0.035 btc. This is also the largest transaction size that can be routed on my LN node If 500,000 satoshis were routed on that channel, the direction of the transaction routing are adjusted. There's youtube videos that would explain the mechanics of this The LN peers on the other side of my node also have many channels and peers connections, some numbering in the hundreds All the LN nodes route transactions per the kevin-bacon principle I mentioned above so a transaction originating in Miami, USA can be sent to someone in Poland almost instantly utilizing the most efficient path When I close a channel, depending on how much I've spent on the channel capacity, for example, if I've used 1,000,000 satoshis on 3,500,000 satoshis, I will get back 2,500,000 satoshis or $1K if btc is $40K There's no need to mine a block, so instant, and no blockchain records
My bad, I mixed you up with Noah. But if you can't agree on an obvious point, you are nothing but a whiny cultist and the conversation is over.