Official Bitcoin Thread

[noskey]

Was there ever a concave airdrop??

Read somewhere that holding $CNV could grant eligbility for berachain among other things

There will be a FJO airdrop for CNV holders; I think snapshot has been taken but might be wrong - check Fjord docs if interested. So far payouts have been dividends in USDC for the Fjord launchpad fees. Another one coming when FJO TGE launches.

Berachain and other seed investments will be distributed based on investment and vesting terms. Bera is by far the expected big winner here. Team is still deciding whether to liquidate seed distributions and airdrop as usdc, or just distribute seed tokens as they get released.

Personally hoping for seed tokens to get distributed and that's the general consensus rn.

 

[sohi 23]

Mmk trying my hand at some SOL blue chips. Bought a small bag in JUP and ZEUS. Let's see how this goes.

Some good calls. Jupiter the easiest utility play of the cycle.

I converted 33% of my long term Solana bag into Boden & some other memes (Wif, SC, Popcat)

**** is jumping so much it has me wanting to throw the rest of my long term stack into memes lol.

IMO: Utility coins is for the corporations & Silicon Valley boys but retail is going to flood to memes. Tbh all these coins are a meme

 

[smedroc]

There will be a FJO airdrop for CNV holders; I think snapshot has been taken but might be wrong - check Fjord docs if interested. So far payouts have been dividends in USDC for the Fjord launchpad fees. Another one coming when FJO TGE launches.

Berachain and other seed investments will be distributed based on investment and vesting terms. Bera is by far the expected big winner here. Team is still deciding whether to liquidate seed distributions and airdrop as usdc, or just distribute seed tokens as they get released.

Personally hoping for seed tokens to get distributed and that's the general consensus rn.

Yeah that confirms what i've been seeing on twitter.

Did you buy the $CNV??

 

[noskey]

Yeah that confirms what i've been seeing on twitter.

Did you buy the $CNV??

I've been holding that bag from day 1. Added about 20 cnv when it was between $5-10. Want to buy more now but the secret is out.

Our boy stuntman mike made the smart play and sold the bag when it launched iirc. If I followed suit I'd have cleared 5 fig profit. This whole Concave cycle was my big "take profits" wake up call

Luckily this is the ONE project that made decisions to pivot and throw the funds into investments rather than rug.

 

[MIKE LOWERY]

Man I still got that concave spoons nft along with the frog one and the penguin. Wish them ****s were worth something.

 

[lobcity]

NT Fam.

Runes mania is upon us! The Bitcoin Halving is about 16 days away and with the halving will introduce Runes to Bitcoin

If you haven't been following over the last year. Bitcoin went from only a peer to peer digital cash blockchain to introducing BRC20'S [meme coins] NFT's/Ordinal Inscriptions and NAT (Non Arbitrary Tokens), NAS (Non Arbitrary Spaces). Bitmaps [The next Metaverse using Bitcoin blocks as a template]

Basically developers found a way to use Satoshi's(Sats) and data inside a Bitcoin block to store data and used that to create a brand new Billion dollar economy on top of Bitcoin. We are now entering Year 2 / Phase 2 of this era.

Imagine everything that Ethereum was doing DEX's,Layer 2's, AMM, Defi, NFT's but now all coming to Bitcoin

Why is this important? If you saw how Ethereum had Billions of dollars going into all these ecosystems on Ethereum, the same can happen to the biggest blockchain in the world Bitcoin.

Hiphop artists are also set to release music on top of Bitcoin. French Montana already released a 5k PFP and an NFT song for sale. Ghostface Killah his set to launch a 10k PFP with new music this month. The cool part is it's all on chain and is a way to get away from streaming and its direct to consumer. Anyone can inscribe music right onto the Bitcoin blockchain and the music will be hosted/stored on the Bitcoin blockchain.

Runes:

Runes are a new metaprotocol and token standard built atop Bitcoin L1 and set to launch at the halving.

From what I understand the first 9 Runes will be important (RUNE 0-9). Starting at Rune 0 being the most anticipated and most important.

Rune 0 is the first Rune available at the halving and will be able to be etched/minted for the next 4 years until the next halving. The Rune 0 supply will end at that point.

Rune 1-9 for right now is up for grabs. What is happening is big mining companies could mine the supply and sell it to the highest bidder to then sale and then that group can sell the supply on a third party aftermarket. But right now Rune 1-9 is still being worked from what I believe.

From what I understand their will be several ways to Mint/Etch Rune 0

Xverse Wallet @XverseApp
is setting up a dashboard within the wallet to etch/mint Rune 0

Magic Eden @MEonBTC
has announced a dashboard to etch/mint Rune 0

Sats Hunters @SatsHunters
has announced a dashboard to etch/mint Rune 0

Runes Terminal
@runes_terminal
Have also announced a dashboard.


Below are platforms that selling NFT's that are pre-mining Runes (not the same as Rune 0) . SO either holding this NFT in your wallet you will be allocated RUNES after the halving. The more NFT's you hold the more RUNES you get, some Miners have boost that can help get more RUNES.

Right now nobody knows what these Runes will be worth. The two most popular from the list below are RSIC and Runestone- Runestone is really close to flipping Bored Ape Yacht Club market cap. Bored Ape as you know has been around for a few years. Runestone just dropped about 1 month as has managed to get a huge amount of trading volume in such a quick time.

Twitter's below to check out. Or you can go directly to Magic Eden and see the collections. There is still time to premine Runes before the halving through the links below:

@RunesAs****
Runestone (@LeonidasNFT
RSIC (@rune_coin
BTC Machine (@btcordinal
Rune Guardians (@RuneGuardians
Rune Pups (@PupsToken
Rune Mania @RuneManiaMiner
RuneX @RuneX_Tech
Game of Blocks (@gob_btc They haven't claimed to be releasing RUNES
Bitcoin Burials (@BitcoinBurials
Rune Totems (@AI_Rune
Tiny Vikings (@Tiny__Vikings
Elemental Runes (@wizardzBTC
Terrabits @TerraBit_nas

 

[So Much Sole 23]

What’s A Good Low Entry Minimal Risk Play On Runes?


Been Trying To Vet This And Dont Exactly Love The Idea Of “Gambling” With My BTC


Any Protocols All These “Runes” Gotta Funnel Thru?

 

[DsLee]

What’s A Good Low Entry Minimal Risk Play On Runes?


Been Trying To Vet This And Dont Exactly Love The Idea Of “Gambling” With My BTC


Any Protocols All These “Runes” Gotta Funnel Thru?

Rune is a protocol itself. You’ll be able to trade on Magic Eden and OKX. Xverse has been testing minting for runes and whatnot. It’s essentially a better BRC-20, they won’t all cook but there’ll be some over $1B market cap rather quickly.

 

[noskey]

So we mint one of these Rune-connected collections off ME, say, Rune Pups because it's cheaper than others, and then what happens? We get an NFT etched onto Rune 0/1/2/etc when the halving happens and Rune is becomes a thing?

 

[DsLee]

So we mint one of these Rune-connected collections off ME, say, Rune Pups because it's cheaper than others, and then what happens? We get an NFT etched onto Rune 0/1/2/etc when the halving happens and Rune is becomes a thing?

Rune Pups are one of the pre-runes like RSIC and Runestone that’ll give you allocations of tokens, but there’ll be tokens that launch after halving you could trade as well.

 

[fapmasterjr]

NT Fam.

Runes mania is upon us! The Bitcoin Halving is about 16 days away and with the halving will introduce Runes to Bitcoin

If you haven't been following over the last year. Bitcoin went from only a peer to peer digital cash blockchain to introducing BRC20'S [meme coins] NFT's/Ordinal Inscriptions and NAT (Non Arbitrary Tokens), NAS (Non Arbitrary Spaces). Bitmaps [The next Metaverse using Bitcoin blocks as a template]

Basically developers found a way to use Satoshi's(Sats) and data inside a Bitcoin block to store data and used that to create a brand new Billion dollar economy on top of Bitcoin. We are now entering Year 2 / Phase 2 of this era.

Imagine everything that Ethereum was doing DEX's,Layer 2's, AMM, Defi, NFT's but now all coming to Bitcoin

Why is this important? If you saw how Ethereum had Billions of dollars going into all these ecosystems on Ethereum, the same can happen to the biggest blockchain in the world Bitcoin.

Hiphop artists are also set to release music on top of Bitcoin. French Montana already released a 5k PFP and an NFT song for sale. Ghostface Killah his set to launch a 10k PFP with new music this month. The cool part is it's all on chain and is a way to get away from streaming and its direct to consumer. Anyone can inscribe music right onto the Bitcoin blockchain and the music will be hosted/stored on the Bitcoin blockchain.

Runes:

Runes are a new metaprotocol and token standard built atop Bitcoin L1 and set to launch at the halving.

From what I understand the first 9 Runes will be important (RUNE 0-9). Starting at Rune 0 being the most anticipated and most important.

Rune 0 is the first Rune available at the halving and will be able to be etched/minted for the next 4 years until the next halving. The Rune 0 supply will end at that point.

Rune 1-9 for right now is up for grabs. What is happening is big mining companies could mine the supply and sell it to the highest bidder to then sale and then that group can sell the supply on a third party aftermarket. But right now Rune 1-9 is still being worked from what I believe.

From what I understand their will be several ways to Mint/Etch Rune 0

Xverse Wallet @XverseApp
is setting up a dashboard within the wallet to etch/mint Rune 0

Magic Eden @MEonBTC
has announced a dashboard to etch/mint Rune 0

Sats Hunters @SatsHunters
has announced a dashboard to etch/mint Rune 0

Runes Terminal
@runes_terminal
Have also announced a dashboard.


Below are platforms that selling NFT's that are pre-mining Runes (not the same as Rune 0) . SO either holding this NFT in your wallet you will be allocated RUNES after the halving. The more NFT's you hold the more RUNES you get, some Miners have boost that can help get more RUNES.

Right now nobody knows what these Runes will be worth. The two most popular from the list below are RSIC and Runestone- Runestone is really close to flipping Bored Ape Yacht Club market cap. Bored Ape as you know has been around for a few years. Runestone just dropped about 1 month as has managed to get a huge amount of trading volume in such a quick time.

Twitter's below to check out. Or you can go directly to Magic Eden and see the collections. There is still time to premine Runes before the halving through the links below:

@RunesAs****
Runestone (@LeonidasNFT
RSIC (@rune_coin
BTC Machine (@btcordinal
Rune Guardians (@RuneGuardians
Rune Pups (@PupsToken
Rune Mania @RuneManiaMiner
RuneX @RuneX_Tech
Game of Blocks (@gob_btc They haven't claimed to be releasing RUNES
Bitcoin Burials (@BitcoinBurials
Rune Totems (@AI_Rune
Tiny Vikings (@Tiny__Vikings
Elemental Runes (@wizardzBTC
Terrabits @TerraBit_nas

appreciate the write up. been hearing about this, great risk:reward ratio.

 

[noskey]

Rune Pups are one of the pre-runes like RSIC and Runestone that’ll give you allocations of tokens, but there’ll be tokens that launch after halving you could trade as well.

So if I buy a pup, or any of the pre-runes like the ones listed above, I could expect a token airdrop tied to the NFT? What makes a project worth buying in this case? Is it a casino and we hope we hit?

Sorry, BTC is one of the ecosystems I've ignored in favor of just hodling the BTC.

 

[DsLee]

So if I buy a pup, or any of the pre-runes like the ones listed above, I could expect a token airdrop tied to the NFT? What makes a project worth buying in this case? Is it a casino and we hope we hit?

Sorry, BTC is one of the ecosystems I've ignored in favor of just hodling the BTC.

It’ll be a claim for Rune Pups. RSIC and Runestone would be airdropped. $PUPS ran like crazy today so naturally Rune Pups followed. It’s .045BTC now but was sitting at .01 range for the longest.

 

[noskey]

It’ll be a claim for Rune Pups. RSIC and Runestone would be airdropped. $PUPS ran like crazy today so naturally Rune Pups followed. It’s .045BTC now but was sitting at .01 range for the longest.

Yeah I ****ing chose Rune Pups as my example for a reason

Last question for now - better to wait for the halving to buy or is the consesnsus that it'll be too late once we get to the halving? Are Runes going live the moment the halving is done?

 

[DsLee]

Yeah I ****ing chose Rune Pups as my example for a reason

Last question for now - better to wait for the halving to buy or is the consesnsus that it'll be too late once we get to the halving? Are Runes going live the moment the halving is done?

For pre-runes, I personally believe they’ll continue to run until halving or until the respective screenshots are taken. I wouldn’t be surprised if Rune Pups, and $PUPS in general, pull back a bit though. Today’s mania was pumped by Ansem, who’s a big influencer for SOL memecoins. I took profits last week and sold 800 $PUPS last week at about $3.85 (SMFH) but still hold a Rune Puppet.

Rune tokens will go live and begin dropping around halving (4/20). NFA but it never hurts to follow the money and see what tokens start to get support early, especially by Asia. Not all rune tokens will cook, but I’m confident some of the early ones can.

 

[fapmasterjr]

Finally got on BASE L1 (coinbase chain). Feels good to swap on uniswap with pretty much zero fees.

 

[sohi 23]

Bitcoin puppets will be the play of the cycle and it’s probably going down as the best trade of my life.

is there a level higher than euphoria? Cuz I’ve been GEEKED all day lmfao

 

[sohi 23]

The road to 1 btc continues…

Looks like they’re going to flip node monkes

 

[So Much Sole 23]

It’ll be a claim for Rune Pups. RSIC and Runestone would be airdropped. $PUPS ran like crazy today so naturally Rune Pups followed. It’s .045BTC now but was sitting at .01 range for the longest.

KNEW I Shoulda Jumped When They Briefly Touched Below .01

 

[Majorbread]

Speaking of ordinals and brc20 Anyone have insights on the ordi coin?

I’m looking to get some exposure but not really sure what the point of the ORDI coin is. I don’t have great luck picking nfts so trying to get broad exposure without getting too specific but runes also have me interested.

Just set up an xverse wallet and about to load it up later and do some shopping. BRC 20 has about a 3.1b mkt cap and with all the liquidity no way that’s not sitting 100b at least if btc itself is 2T.

Is okx a kyc exchange?

 

[smedroc]

 

[DsLee]

Speaking of ordinals and brc20 Anyone have insights on the ordi coin?

I’m looking to get some exposure but not really sure what the point of the ORDI coin is. I don’t have great luck picking nfts so trying to get broad exposure without getting too specific but runes also have me interested.

Just set up an xverse wallet and about to load it up later and do some shopping. BRC 20 has about a 3.1b mkt cap and with all the liquidity no way that’s not sitting 100b at least if btc itself is 2T.

Is okx a kyc exchange?

ORDI and SATS have provenance as some of the first BRC20 deployed and got support off the jump it seems. I minted WZRD at the time but didn’t really invest in BRC20 last April.

 

[lobcity]

Speaking of ordinals and brc20 Anyone have insights on the ordi coin?

I’m looking to get some exposure but not really sure what the point of the ORDI coin is. I don’t have great luck picking nfts so trying to get broad exposure without getting too specific but runes also have me interested.

Just set up an xverse wallet and about to load it up later and do some shopping. BRC 20 has about a 3.1b mkt cap and with all the liquidity no way that’s not sitting 100b at least if btc itself is 2T.

Is okx a kyc exchange?

Ordi was the FIRST BRC20 token on Bitcoin. Basically the first "Meme" coin on Bitcoin. That would be the reason for the massive pump. At this point I wanna say it's been Juiced. Once it hit Binance thats usually the signal for the top. But at the same time it is the first on Bitcoin so that could still be a driving factor for people to still buy.

I do know BRC20 is getting upgraded soon and also you may want to look out for CBRC20 and the MOTOSWAP team (@MotoswapBTC) who are looking to create a Uniswap on Bitcoin with BRC20'S.

I had an OKX log in like 3 or 4 years ago it wasn't KYC then so not really sure if they changed the KYC like a lot of CEX's have.

But you can use Unisat (@unisat_wallet) , they don't have KYC or using Ordinalswallet (@ordinalswallet) they don't have KYC both have Marketplaces you can just connect your wallet and purchase brc20's and other stuff.

In my opinion I think alot of the money is going to be shifted over to RUNES. They are going to be the premier token standard for the next wave for Year 2 in the Ordinal space. Not saying BRC20 is finished but sentiment and Billions of dollars are waiting to dump into RUNES.

 

[cubanref]

 

[So Much Sole 23]

My Indecision Costs Me Again