#451: UTXOracle with Steve Jeffress & Daniel Hinton
TFTC: A Bitcoin Podcast · Marty Bent
October 3, 20231h 33m
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Show Notes
<p>Marty sits down with Steve and Daniel to discuss UTXOracle, a way to estimate Bitcoin's price using nothing but node data.</p>
<p>Steve on Twitter: https://twitter.com/SteveSimple</p>
<p>Daniel on Twitter: https://twitter.com/DanielLHinton</p>
<p>Check out UTXOracle and other data visualization: https://utxo.live/</p>
<p>0:00 - Intro<br />
6:41 - Steve and Daniel’s background<br />
10:59 - Explaining UTXOs<br />
13:34 - Visualizing data<br />
20:46 - Effect of Bitcoin ATMs on patterns<br />
25:24 - How to infer price from UTXO data<br />
35:27 - Usefulness as an oracle<br />
45:28 - Possibility of price per block<br />
46:41 - Human action, opportunities and attack vectors<br />
53:26 - Effect of ordinals<br />
55:49 - UTXO mismanagement<br />
1:02:37 - Spending old coins<br />
1:06:51 - Taproot changes and far future problems<br />
1:18:20 - Fun new concepts<br />
1:27:43 - Run the numbers yourself<br />
1:32:58 - Wrapping up</p>
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