JPEG
Open Trade
Occasional Trader
8 Years
JPEG是比特币区块链上使用BRC-20协议创建的叙事类资产，比特币的第一笔交易是500个BTC交易一幅JPEG. https://x.com/btc_jpeg
4 Following
63 Followers
292 Liked
15 Shared
All
Quotes
See original
PINNED
NFTs are all JPEG, understand JPEG in one article
What exactly was the first Bitcoin transaction? What has been widely circulated for many years is the familiar story of 10,000 Bitcoins buying a $25 pizza. This story is also known as the first physical transaction of Bitcoin. But that didn’t seem to be the case with Bitcoin’s first transactions. In May of this year, developer @udiWertheimer posted a tweet and shared a screenshot of the bitcointalk forum, proving that the first Bitcoin transaction in history was the purchase of a JPEG, earlier than the famous Bitcoin pizza incident. https://x.com/udiwertheimer/status/1657822781625475080?s=46 500 Bitcoins bought a JPEG? A user named Sabunir in the forum sold a photo for 500 BTC on January 24, 2014, with help from the anonymous Bitcoin founder Satoshi Nakamoto. I uncovered the source of this screenshot, pilgrimage site 👇 https://bitcointalk.org/index.php?topic=25.msg11#msg118Later cryptocurrency investor @MikeMcDonald89 questioned the purchase, thinking it may be One donation. I found a forum conversation from that year, one month after the original post was posted on February 24, 2010. It can be confirmed that the first Bitcoin-JPEG exchange in history was a donation "These may be used freely by all, but I will graciously accept donations: 1BHtsCnpmTvpgJEP7eMKEVhpJFunxSM8vq" - original source. https://bitcointalk.org/index.php?topic=45.msg47#msg479lDonation or purchase is not important today many years later. The exchange of 500 BTC for JPEG has become a fact. This may be the BTC we can know. The first JPEG interaction, I don't use the term NFT here because this transaction is just the image itself, and the donation is obviously two, "I thank those two who have donated to me. You did "made my day", and encouraged me to make artwork for Bitcoin” Document source, Sabunir wrote at the end of the post: In addition, I would like to thank the two people who donated to me. You made my day and inspired me to make art for Bitcoin. What is JPEG SAT? @Magisat_io gave the following explanation: Satoshis involved in the possible first bitcoin trade for an image on February 24, 2010. I think this definition is imprecise.In the original forum post, we did see Satoshi Nakamoto leaving messages many times, but the trade and image here are ambiguous. I think JPEG SAT should be defined as: the first Bitcoin used for art in human history. How many JPEG SATs are there? In the current information and trading markets, it is shown as 50 Billion, which is 500 Bitcoins. However, it is not! As mentioned above, Sabunir's post on February 24, 2010 finally mentioned that there were two donors on that day, which means that two address transactions were generated. I found the block on February 24, 2010, Block42258-Block42432, and based on Sabunir’s address 1BHtsCnpmTvpgJEP7eMKEVhpJFunxSM8vq, I observed that this address received two Bitcoins on this day, and the Transaction was 63a48cd42a1da4ef21fbce9a9a1073f6030d932 a103023a633c24fdca3e092bb https://mempool.space/ tx/63a48cd42a1da4ef21fbce9a9a1073f6030d932a103023a633c24fdca3e092bb298a46fdf18f2096f822577b9661232d4cefba084925eb746939723647f8d18d , https://mempool.space/block/000000002bcc777474945364e61a030c9a1345dcbd1673273952ee40b28905f4, respectively in Block42322 and Block42373, one transaction is 100 Bitcoins, and the other is 500 Bitcoins. Therefore, I determined that the total amount of JPEG SAT should be 60B, or 60 billion. This is a very brain-intensive popular science research post. Thank you for your patience in reading this. Every SAT has its story. There is a high probability that the corrected data I published will not be adopted by the big shots. I just hope that you can work with it. In the process of exploring together, I learned about the charm of Bitcoin. I will count the number of JPEG palindromes next time I have time. After seeing a post from thirteen years ago, Sabunir wrote at the end: I thank those two who have donated to me. You did "made my day", and encouraged me to make artwork for Bitcoin. I feel the shock and exploration of history. The warmth that resonates with readers. If you feel that I have helped you, I accept any donation from you bc1phgjlteaslgxnselthqlchlxe7f2tk9k02t4xy4e0lluknqp53mlqhjr7z6 I hope that today, thirteen years later, I can also say: Thank you to those who donated to me. Made my day and encouraged me to make art for Bitcoin. It’s two o’clock in the morning here, which is perfect for dreaming. The original text is from Mi Cai https://x.com/micaioxs/status/1740905564081647859?s=46#热门话题 #BTC #ORDI. #rats #JPEG $BTC $ETH $BNB
See original
Deep dive into a few straightforward trading rules, every sentence is valuable:
Position is the lifeline:
70% Defend the territory: Invest 70% in major coins like BTC, ETH, and BNB, hold through dips and ride the ups, don’t always think about getting rich quickly.
30% Take chances: Treat altcoins and MEME coins like lottery tickets, cash out when you profit, don’t get carried away. MEME coins are the luxury goods of the crypto world, it’s a competition of who can follow trends better.
The simpler and more ruthless the operation, the better.
Don’t go against time: Never hold positions for more than a month, rush in when you see momentum, and take profits quickly.
Cut losses faster than you seek profits: Accept losses gracefully, set stop-loss levels, don’t stubbornly hold until zero.
Minimize leverage: Leverage is the poison of "one-time excitement," liquidation often happens due to impatience.
A stable mindset is essential for survival.
Reject emotional manipulation: Separate money from emotions to make calm judgments; don’t hide for a week after losing money, you still have to trade.
Information overload is worse than not using it: Less time watching influencers pump coins, more focus on on-chain data and niche exchanges; small accounts often provide more reliable information than popular figures.
In the crypto market, money comes quickly and leaves even faster. Don’t treat the market like a casino or a battlefield—make fewer mistakes, survive, and when the bull market arrives, you’ll naturally be on the ride.
#以太坊十周年 #BTC走势分析
Position is the lifeline:
70% Defend the territory: Invest 70% in major coins like BTC, ETH, and BNB, hold through dips and ride the ups, don’t always think about getting rich quickly.
30% Take chances: Treat altcoins and MEME coins like lottery tickets, cash out when you profit, don’t get carried away. MEME coins are the luxury goods of the crypto world, it’s a competition of who can follow trends better.
The simpler and more ruthless the operation, the better.
Don’t go against time: Never hold positions for more than a month, rush in when you see momentum, and take profits quickly.
Cut losses faster than you seek profits: Accept losses gracefully, set stop-loss levels, don’t stubbornly hold until zero.
Minimize leverage: Leverage is the poison of "one-time excitement," liquidation often happens due to impatience.
A stable mindset is essential for survival.
Reject emotional manipulation: Separate money from emotions to make calm judgments; don’t hide for a week after losing money, you still have to trade.
Information overload is worse than not using it: Less time watching influencers pump coins, more focus on on-chain data and niche exchanges; small accounts often provide more reliable information than popular figures.
In the crypto market, money comes quickly and leaves even faster. Don’t treat the market like a casino or a battlefield—make fewer mistakes, survive, and when the bull market arrives, you’ll naturally be on the ride.
#以太坊十周年 #BTC走势分析
See original
Newbie Pitfall List
✅ Sell half after a big morning rise
✅ Must run if it breaks after three days of sideways
✅ Withdraw profits, don’t reinvest
✅ Going all in is a disease, it needs to be treated
Focus on core tracks: BTC is the big brother, the ecosystem is a gold mine, Binance is the entry point—sticking to these three is more reliable than spreading the net everywhere.
#以太坊十周年 #白宫数字资产报告 #美联储利率决议
✅ Sell half after a big morning rise
✅ Must run if it breaks after three days of sideways
✅ Withdraw profits, don’t reinvest
✅ Going all in is a disease, it needs to be treated
Focus on core tracks: BTC is the big brother, the ecosystem is a gold mine, Binance is the entry point—sticking to these three is more reliable than spreading the net everywhere.
#以太坊十周年 #白宫数字资产报告 #美联储利率决议
See original
The road to success is never smooth; the easy paths are already overcrowded.
Only by holding steadfast beliefs can one navigate through the waves and lock in the course amidst the noise.
Deepening the Bitcoin network, solidifying its foundational stone;
Expanding the BTC ecological territory, stimulating innovative potential;
And committing to the prosperous construction of the Binance ecosystem — this is not a shortcut, but the choice that requires the most resolve and displays the greatest courage amidst the waves of crypto.
When the superficial glitz fades, what truly traverses the bull and bear markets, shaping the future, is this deep investment in core values and enduring construction.
This is a path less traveled, yet it is the inevitable journey of pioneers writing legends — being a solitary traveler in the wilderness of crypto civilization is also the ultimate glory of a gold digger.
#以太坊十周年 #美联储利率决议
#稳定币热潮 #币安Alpha上新
Only by holding steadfast beliefs can one navigate through the waves and lock in the course amidst the noise.
Deepening the Bitcoin network, solidifying its foundational stone;
Expanding the BTC ecological territory, stimulating innovative potential;
And committing to the prosperous construction of the Binance ecosystem — this is not a shortcut, but the choice that requires the most resolve and displays the greatest courage amidst the waves of crypto.
When the superficial glitz fades, what truly traverses the bull and bear markets, shaping the future, is this deep investment in core values and enduring construction.
This is a path less traveled, yet it is the inevitable journey of pioneers writing legends — being a solitary traveler in the wilderness of crypto civilization is also the ultimate glory of a gold digger.
#以太坊十周年 #美联储利率决议
#稳定币热潮 #币安Alpha上新
See original
Do not worship anyone
Zong Qinghou's persona has collapsed, Shi Yongxin has been taken away,
Suddenly understand the value of Li Ao's words:
Do not worship anyone, the vast majority of people with status and fame are bad people. If they weren't bad, they wouldn't be famous at all. Purely good people find it very difficult to stand out and climb up from the bottom.
Learn to dispel the myths, remember: Behind success is either hardship or dirtiness.
Brothers, is there any truth in this? Pick up our U, gamble your future, miss the chance to wear the yellow robe, and go for a seaside villa!!!$BTC
$BNB
$XRP
Zong Qinghou's persona has collapsed, Shi Yongxin has been taken away,
Suddenly understand the value of Li Ao's words:
Do not worship anyone, the vast majority of people with status and fame are bad people. If they weren't bad, they wouldn't be famous at all. Purely good people find it very difficult to stand out and climb up from the bottom.
Learn to dispel the myths, remember: Behind success is either hardship or dirtiness.
Brothers, is there any truth in this? Pick up our U, gamble your future, miss the chance to wear the yellow robe, and go for a seaside villa!!!$BTC
$BNB
$XRP
See original
#BNB创新高
🔥【BNB Breaks $850, Sets New Historical High!】
Binance's native token BNB surged like a hot knife through butter, strongly breaking through the $850 mark on July 28, with a daily increase of 6.8%! Market capitalization surpassed $115 billion, firmly holding the 4th position in the cryptocurrency space.
📈Core Driving Forces:
The 32nd token burn of $1 billion worth of BNB, highlighting the deflationary effect;
NASDAQ-listed companies are rushing to incorporate it into their treasury reserves;
The Binance Smart Chain TVL has exceeded $10.9 billion, with a surge in DeFi demand.
🚀Technical Analysis: Cup and handle pattern confirmed, target aiming for $1,090! Although RSI is overbought, the 50-day moving average support remains strong.
$BNB
$SOL
$ETH
🔥【BNB Breaks $850, Sets New Historical High!】
Binance's native token BNB surged like a hot knife through butter, strongly breaking through the $850 mark on July 28, with a daily increase of 6.8%! Market capitalization surpassed $115 billion, firmly holding the 4th position in the cryptocurrency space.
📈Core Driving Forces:
The 32nd token burn of $1 billion worth of BNB, highlighting the deflationary effect;
NASDAQ-listed companies are rushing to incorporate it into their treasury reserves;
The Binance Smart Chain TVL has exceeded $10.9 billion, with a surge in DeFi demand.
🚀Technical Analysis: Cup and handle pattern confirmed, target aiming for $1,090! Although RSI is overbought, the 50-day moving average support remains strong.
$BNB
$SOL
$ETH
See original
#ETH重返3800
Bullish or bearish?
A month ago, V God was called garbage?
A month later, V God, E is the best asset in the world!
$ETH $XRP $BTC
Bullish or bearish?
A month ago, V God was called garbage?
A month later, V God, E is the best asset in the world!
$ETH $XRP $BTC
See original
Buy the chives plate and leave it in hand
$SOLV does not exist. There is no hope.
See original
There are countless reasons for shorting
Today is a day of a massive crash in the cryptocurrency market!
A Chinese AI company has emerged, directly 'crushing' the crypto space!
To understand the background, please read on～
It is reported that the Chinese AI company has launched the Deepseek r1 model. This model not only matches the performance of OpenAI's O1 model but even surpasses it in certain tasks. Even more astonishing is that Deepseek's training cost is only a few million dollars, while companies like OpenAI in Europe and the US typically require over a hundred million dollars in investment!
Moreover, Deepseek is open-source. This means that any institution, individual, or even competitor can replicate or even optimize this model at a lower cost. This disruptive strategy has suddenly shattered the competitive landscape of the large model market!
This has led to:
1. A significant drop in chip demand, putting pressure on NVIDIA.
2. NVIDIA's decline affecting the US stock market, causing volatility in the US market.
3. Ultimately causing a bloodbath in the cryptocurrency market!
Why do the declines in the AI field and the US stock market affect the crypto space?
The reason is quite simple: the two main 'narrative pillars' of the crypto space have collapsed!
The stability and strength of the AI narrative and the US stock market have always supported the crypto space; when the city gates catch fire, the fish in the moat are naturally affected.
In summary:
A technological breakthrough by a Chinese AI company has brought about a change in the large model market, triggering a chain reaction in the chip market, the US stock market, and even the crypto space. This is both an inevitable result of technological progress and a sensitive reaction of the market to change.
From this event, we can see that while the transmission chain of the market may be complex, the underlying logic is worth pondering: technological progress can be an opportunity, but when it breaks established rules, it often triggers a 'great pain.' In the future, those who can seize new opportunities from this turbulence will be the true winners!
OVER. Writing is not easy, if you like it, please give a thumbs up and follow😁
#BTC走势分析
A Chinese AI company has emerged, directly 'crushing' the crypto space!
To understand the background, please read on～
It is reported that the Chinese AI company has launched the Deepseek r1 model. This model not only matches the performance of OpenAI's O1 model but even surpasses it in certain tasks. Even more astonishing is that Deepseek's training cost is only a few million dollars, while companies like OpenAI in Europe and the US typically require over a hundred million dollars in investment!
Moreover, Deepseek is open-source. This means that any institution, individual, or even competitor can replicate or even optimize this model at a lower cost. This disruptive strategy has suddenly shattered the competitive landscape of the large model market!
This has led to:
1. A significant drop in chip demand, putting pressure on NVIDIA.
2. NVIDIA's decline affecting the US stock market, causing volatility in the US market.
3. Ultimately causing a bloodbath in the cryptocurrency market!
Why do the declines in the AI field and the US stock market affect the crypto space?
The reason is quite simple: the two main 'narrative pillars' of the crypto space have collapsed!
The stability and strength of the AI narrative and the US stock market have always supported the crypto space; when the city gates catch fire, the fish in the moat are naturally affected.
In summary:
A technological breakthrough by a Chinese AI company has brought about a change in the large model market, triggering a chain reaction in the chip market, the US stock market, and even the crypto space. This is both an inevitable result of technological progress and a sensitive reaction of the market to change.
From this event, we can see that while the transmission chain of the market may be complex, the underlying logic is worth pondering: technological progress can be an opportunity, but when it breaks established rules, it often triggers a 'great pain.' In the future, those who can seize new opportunities from this turbulence will be the true winners!
OVER. Writing is not easy, if you like it, please give a thumbs up and follow😁
#BTC走势分析
See original
Bitcoin rises to $100,000
The Bitcoin ecosystem will not be ignored,
The ecological narrative will be recognized by more players,
Pizza🍕, #JPEG , domo, will be discovered by the market,
#BTC再创新高
#加密用户突破1800万
#JPEG
#美降息25个基点预期升温
The Bitcoin ecosystem will not be ignored,
The ecological narrative will be recognized by more players,
Pizza🍕, #JPEG , domo, will be discovered by the market,
#BTC再创新高
#加密用户突破1800万
#JPEG
#美降息25个基点预期升温
See original
The inscription has started again
#jpeg
It will be recognized by more people, waiting for the spring to come!
#Telegram创始人被捕 #美联储何时降息？
#jpeg
It will be recognized by more people, waiting for the spring to come!
#Telegram创始人被捕 #美联储何时降息？
See original
Back, $jpeg continues 🎁
See original
$BTC BRC20 and BTC coexist
1⃣The birth of BRC20 is spiritual, very grand, BRC20 represents fairness, you can see which protocol founder is not making a lot of money, domo's ordi is given by the community, who can match it?
The birth of a great thing can only come from spiritual creation. If it is created for profit, it will also fall apart because of profit, and it cannot be great.
2⃣BTC's success is because of: security, simplicity, fairness
3⃣BRC20's advantages: security, simplicity, fairness, and 100% compatibility with BTC
4⃣All the protocols on BTC are talking about their selling points, such as scalability, which is like the slogans of all the public chains in the past: better scalability than BTC, higher tps, Ethereum killer, etc. But the result is that it can't beat Ethereum, let alone BTC. Here we draw a conclusion: the spirit of the currency circle can beat the so-called performance. The spirit can last forever, and everything else is just a gust of wind
5⃣ Runes are destined to be unable to compete with inscriptions. They lose because: 1. They are not simple 2. They are not fair
These two points cannot be surpassed in the market. If they are simple, there is no selling point, and if they are fair, there is no benefit. That is, there will be no second BTC in the currency circle, and there will be no second brc20 protocol
6⃣ A product that cannot be replaced is because it does not have too many highlights, because there are too many highlights, it can be compared, and if there is comparison, it may be surpassed. A great product is that you don’t even have the opportunity to compare, how can you surpass it?
Inscriptions are hyped for scarcity and IP, not simple four characters!
#brc20 #BTC #jpeg
1⃣The birth of BRC20 is spiritual, very grand, BRC20 represents fairness, you can see which protocol founder is not making a lot of money, domo's ordi is given by the community, who can match it?
The birth of a great thing can only come from spiritual creation. If it is created for profit, it will also fall apart because of profit, and it cannot be great.
2⃣BTC's success is because of: security, simplicity, fairness
3⃣BRC20's advantages: security, simplicity, fairness, and 100% compatibility with BTC
4⃣All the protocols on BTC are talking about their selling points, such as scalability, which is like the slogans of all the public chains in the past: better scalability than BTC, higher tps, Ethereum killer, etc. But the result is that it can't beat Ethereum, let alone BTC. Here we draw a conclusion: the spirit of the currency circle can beat the so-called performance. The spirit can last forever, and everything else is just a gust of wind
5⃣ Runes are destined to be unable to compete with inscriptions. They lose because: 1. They are not simple 2. They are not fair
These two points cannot be surpassed in the market. If they are simple, there is no selling point, and if they are fair, there is no benefit. That is, there will be no second BTC in the currency circle, and there will be no second brc20 protocol
6⃣ A product that cannot be replaced is because it does not have too many highlights, because there are too many highlights, it can be compared, and if there is comparison, it may be surpassed. A great product is that you don’t even have the opportunity to compare, how can you surpass it?
Inscriptions are hyped for scarcity and IP, not simple four characters!
#brc20 #BTC #jpeg
See original
$BTC $ETH $BNB 's thoughts on the possible attributes of the $jpeg meme:
1. Self-mockery/sarcasm about buying NFTs: "I bought a bunch of jpegs/you bought a bunch of jpegs" The greater the volatility of NFTs, the more connotations the word jpeg has. Is jpeg = long nft volatility?
2. Interesting Cong: http://sating.io added jpeg interesting cong (the first transaction in BTC history may be buying jpeg) This story suddenly appeared in many media a few days ago...
3. The word jpeg may have an advantage over piza in some aspects of mass base, and it is strange to surpass piza. For example, if you randomly pull a student on a university campus, he may not know the joke of piza, but he should know what the four letters jpeg are.
This door comes from a big guy in the #jpeg community
#比特币减半 #非农数据 #大盘走势
1. Self-mockery/sarcasm about buying NFTs: "I bought a bunch of jpegs/you bought a bunch of jpegs" The greater the volatility of NFTs, the more connotations the word jpeg has. Is jpeg = long nft volatility?
2. Interesting Cong: http://sating.io added jpeg interesting cong (the first transaction in BTC history may be buying jpeg) This story suddenly appeared in many media a few days ago...
3. The word jpeg may have an advantage over piza in some aspects of mass base, and it is strange to surpass piza. For example, if you randomly pull a student on a university campus, he may not know the joke of piza, but he should know what the four letters jpeg are.
This door comes from a big guy in the #jpeg community
#比特币减半 #非农数据 #大盘走势
The legendary path of jpeg on the btc chain:
In mid February 2010, Satoshi Nakamoto led a 500btc trading for a jpeg, earlier than Pizza's trading in May 2010! It can be found on the BTC chain.
The jpeg, like ordi, sats, node,and wrzd, born on March 10, 2023, is one of the earliest ancient inscriptions, which is fundamentally different from other newly released inscriptions. Moreover, it is now in the early stages of pricing, and buying is a great opportunity to seize a hundred times or even a thousand times.
The jpeg of BRC20 has enormous value
Holding a jpeg is acknowledging Satoshi Nakamoto's recognition of the value of jpeg and continuing the legend together with Satoshi Nakamoto!
Note: Find the authentic first jpeg on BTC Ordinals in the Inscription Market in the OKX web3 wallet, located on the BTC chain. Do not search for other chains. Now the jpeg is less than $0.1. When the jpeg reaches $10, the jpeg trading led by Satoshi Nakamoto will completely change your life!
#比特币减半 #jpeg #brc20 #ordi #btc $BTC
In mid February 2010, Satoshi Nakamoto led a 500btc trading for a jpeg, earlier than Pizza's trading in May 2010! It can be found on the BTC chain.
The jpeg, like ordi, sats, node,and wrzd, born on March 10, 2023, is one of the earliest ancient inscriptions, which is fundamentally different from other newly released inscriptions. Moreover, it is now in the early stages of pricing, and buying is a great opportunity to seize a hundred times or even a thousand times.
The jpeg of BRC20 has enormous value
Holding a jpeg is acknowledging Satoshi Nakamoto's recognition of the value of jpeg and continuing the legend together with Satoshi Nakamoto!
Note: Find the authentic first jpeg on BTC Ordinals in the Inscription Market in the OKX web3 wallet, located on the BTC chain. Do not search for other chains. Now the jpeg is less than $0.1. When the jpeg reaches $10, the jpeg trading led by Satoshi Nakamoto will completely change your life!
#比特币减半 #jpeg #brc20 #ordi #btc $BTC
See original
The next 10,000-fold asset is definitely in the Bitcoin ecosystem
Combined with the appearance of the inscription that year
There are several characteristics:
1. It must be on the chain, or even a string of code;
2. The market value is very low at the beginning;
3. 99% of people cannot buy it and think it is nonsense;
4. It comes from fun and unexpected, not a game;
5. The narrative ceiling must be high enough;
6. The asset form will be very special, not any current asset form
#jpeg #btc #eth #brc20
Combined with the appearance of the inscription that year
There are several characteristics:
1. It must be on the chain, or even a string of code;
2. The market value is very low at the beginning;
3. 99% of people cannot buy it and think it is nonsense;
4. It comes from fun and unexpected, not a game;
5. The narrative ceiling must be high enough;
6. The asset form will be very special, not any current asset form
#jpeg #btc #eth #brc20
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Trending Topics
CryptoIn401(k)
379,183 views
1,397 Discussing
Notcoin
52.4M views
24,497 Discussing
USFedBTCReserve
476,814 views
1,890 Discussing
