This. It’s the system View quoted note →
Diesel
diesel@nostrplebs.com
npub1vyxt...gurn
LN node runner-ish
Anyone on nostr have some tips on how to be a more selfless person? Deep I know
#asknostr
Bitcoin is bidless
Good morning all, have a great day. Golf ⛳️ league tonight, will enjoy these last few weeks before the season really winds down this fall
I will be buying a hell of a lot of sats at $22.5K if we get there, thinking we might
@ODELL ? Just a fellow bitcoiner trying to stay humble and stack sats View quoted note →
Eth/Btc getting smoked, little bit of an incorrect early call here it seems View quoted note →
Regional banks getting killed again
What did I miss in regards to Swan on my timeline today?
Should I stop recommending Swan to family and friends as a good KYC place to buy bitcoin? They have free auto withdrawals I always set up the people I recommend to use.
Genuinely curious here. I know they use a custodian but their precious one literally went bankrupt and they transitioned to a new one without customers losing funds, correct?
Anyone still using #muun?
“Time Preference”- 8th Edition
1) # Full nodes (reachable) - 15,919 (-4.49%)
2) # LN nodes - 15,572 (-0.08%)
3) LN capacity (BTC) - 4,713 (-0.89%)
4) BTC addresses > 1M sats - 12.25M (+0.22%)
5) BTC addresses > 10M sats - 4.44M (+0.17%)
6) BTC addresses > 100M sats - 1.01M (+0.14%)
7) Hashrate (EH/s) - 406 (+5.66%)
8) Price - $26,040 (-11.84%)
9 Price/Hashrate - 64 (-16.57%)
10) Michigan businesses accepting BTC (btcmap.org) - 21 (n/c)
* % change figures from prev. week
We have movement! On the bright side, number of addresses w/ a balance greater than 1M sats continue to grind higher, all the way through balances greater than 1 full BTC. Week in and out this has been consistent! A big downside I see from previous week is almost a 4.5% DECREASE in number of full nodes reachable. Will keep a close eye on this one in the next few weeks.
As we all know, price went down, a lot. Yet hashrate continues to soar! Price / hashrate multiple has to be one of the lowest it's been (if not ever?), almost 17% DECREASE in one week. I'd really like to understand what's driving this hashrate increase lately! Putting it into perspective, my estimates show hashrate has increase 25% in the last 5-6 months alone, all while Bitcoin price has remained essentially flat from early March until now. What gives?
#bitcoin #timepreference #mining #lightningnetwork⚡️
ETH/BTC looks like it’s about to break out, BTC.D dropping, and price continuing to hold below all relevant trend moving averages on a daily and weekly basis.
I know Bitcoin does bitcoin things but it sure does feel like we’ll be stacking cheaper sats through the rest of the year. If $25k goes….
Gm. Anything happen recently? HF
Wow. I just withdrew my 291k sats from Blockfi - did not expect to see this day
This aged nicely. View quoted note →
GM
Time is running out for BTC to be breaking down. It really should be at $28.369 in my opinion
Hearing Javier reference money as being created by the private sector vs. the public sector like it is today hit a good spot in my brain today.
“Time Preference”- 7th Edition
1) # Full nodes (reachable) - 16,667 (-0.03%)
2) # LN nodes - 15,584 (-0.31%)
3) LN capacity (BTC) - 4,755 (-0.35%)
4) BTC addresses > 1M sats - 12.22M (+0.03%)
5) BTC addresses > 10M sats - 4.43M (+0.12%)
6) BTC addresses > 100M sats - 1.01M (+0.10%)
7) Hashrate (EH/s) - 384 (+0.80%)
8) Price - $29,050 (+0.67%)
9 Price/Hashrate - 77 (+0.99%)
10) Michigan businesses accepting BTC (btcmap.org) - 21 (n/c)
* % change figures from prev. week
I hope it isn’t just me and the data speaks for itself, we’re just in the most boring phase of bitcoin I’ve experienced since 2020. The past 7 weeks haven’t really moved the needle on a single metric as shown above. What is it about periods like this? I think people are building. I think bitcoiners are accumulating. And I think patience will offer success
#bitcoin #timepreference #mining #lightningnetwork⚡️