What Dis UTXO’s Do Man?🐸 My Actifit Report Card: February 7 2025

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(Edited)

What Dis UTXO’s Do……..Man?🐸
Cot was watching PEPE intently…………
“Dad, if this frog messes up my Bitcoin wallet, I might be sampling frog for dinner tonight!”😺
Dad had his job cut out for him this morning, before I could even think about a hike!😅
I have been gifting my grown sons Bitcoin Sat’s for Birthdays and Christmas this year!🎂
Transactions on BTC are recorded to the blockchain as “UTXO’s”.
Each Sat deposit is basically a “bucket” of cash. All these small transactions can add to the cost of future payments, especially if transaction fees rise in the future, along with the price of bitcoin!😮
The app Trezor Suite allows you to combine all these “buckets of Sat’s” into one bucket ”!
At the moment the “Fear and Greed index” on coinMarketCap is showing 35…….
Extreme fear!😳
The transaction cost to combine multiple Bitcoin “Buckets” is extremely cheep!😇
Liz and Silvertop called our youngest son ……….
“Son, PEPE wants to combine all your small Bitcoin transactions into one larger chunk of Bitcoin! Are you OK with him signing into your wallet?”😇
“Uh……. OK Dad, are you supervising him?”😅
“No worries Bill, PEPE said he has done this a million times Lol!”🤣
“Silbertop, how many buttons da I push to make Bitcoin work!”🐸
Hmmm………..🙄
“Maybe you should let me move all of Bill’s Bitcoin!”😇
Moments later our son had one larger chunk of Bitcoin!😊
“Cot, keep an eye on PEPE, I think he wants to push MORE buttons today Lol…. I’m going hiking”☺️
The weekend is here, BTC is on sale…. Enjoy everyone !!!🤗
Till tomorrow Silvertop Mike 😊

This report was published via Actifit app (Android | iOS). Check out the original version here on actifit.io


07/02/2025
16752
Daily Activity, Hiking, House Chores

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29 comments
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It's a great time to buy Bitcoin indeed, and I'm glad to see that you have some help from Pepe to send your son some! Just be careful, because he might convert them all to PEPE tokens! Happy weekend, @silvertop! 😁🙏💚✨🤙

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Oops….PEPE does have a fondness for his own token Lol!🐸
Happy weekend, my friend !🤗

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Indeedy he sure does! Many thanks, @silvertop! Enjoy the snow! 😁 🙏 💚 ✨ 🤙

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Thanks my friend and you enjoy the sunshine!!👍😀

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Now I know whom I should blame if my crypto wallet will go to the minute :)

!BBH

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That's a fantastic way to gift your sons! Bitcoin Satoshis make for a unique and modern gift. 🎁
It's true that UTXOs (Unspent Transaction Outputs) can sometimes lead to higher transaction fees, especially as the network gets busier. Combining smaller "buckets" of Satoshis into one larger "bucket" using Trezor Suite is a smart move to manage and potentially reduce future transaction costs.
The Fear and Greed Index showing 35 does indicate a high level of fear in the market right now. This can sometimes present buying opportunities, as many investors might be selling off their assets due to fear, potentially driving prices down.
Do you think this level of fear is affecting your decision to continue gifting Bitcoin, or are you more focused on the long-term potential, @silvertop?
!BBH
!LADY
!LUV

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I am a firm believer in the long-term outlook on bitcoin as savings and as an appreciating asset @silversaver888😀
I think bitcoin will always be a fantastic buying opportunity!!😇🤗😀

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pepe should not have asked and pushed the buttons. pepe, the frog of mischief

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