Diesel on Nostr: "Time Preference”- 29th Edition 1) # Full nodes (reachable) - 17,087 (-3.15%) 2) # ...
"Time Preference”- 29th Edition
1) # Full nodes (reachable) - 17,087 (-3.15%)
2) # LN nodes - 13,788 (n/c)
3) LN capacity (BTC) - 4,998 (n/c)
4) BTC addresses > 1M sats - 12.72M (-0.25%)
5) BTC addresses > 10M sats - 4.57M (-0.29%)
6) BTC addresses > 100M sats - 1.020M (-0.12%)
7) Hashrate (EH/s) - 538 (+5.08%)
8) Price - $41,715 (-5.07%) (Sunday close)
9 Price/Hashrate - 78 (-9.66%)
10) Michigan businesses accepting BTC (btcmap.org) - 18 (5.88%)
11) Routing Events - 291 (+0.69%)
12) Routing Sats - 1,443 (+76.19%)
* % change figures from prev.
A little late this week (again) but we're still here (again). Wild (or not, depending on your time preference) past week from a price standpoint, all the hype for $50k and that OG Bitcoiners were getting calls to sell their BTC because the custodians couldn't buy enough to fill the demand was kind of funny. Surprise, hello $40k, and quickly! We're hovering at a pretty crucial area $42k-$44k and I don't have strong conviction on if we breakdown or not. So I will continue to DCA.
FWIW - I'm happy the ETF narrative is done but I really don't like where I feel this is going. Centralized custody of BTC and a continued narrative that the only use case is for criminals or money laundering will only get bigger and bigger over the next year, in my humble opinion. I hold my stack in self-custody but it sure feels that outlawing self-custody in the US is the path we're headed down, it really would be the only attempt to 'stop' this thing if I was a politician concerned w/ losing my ability to control the monetary policy. I DO believe we will prevail in numbers but it's a scary thought, the path of getting there. /End rant/
Back to the report, we still see declines (quite large) in all address counts. I don't really understand why. Hashrate continues to rip! Oh, and I'm earning some fees again with some routing activity. Very volatile stat but fun to watch regardless.
I hope everyone can find some balance in their day/week. We have about 2.5 / 3 feet of snow and I was able to take my dog out today to admire the beauty of snow-covered trees. Cheers.
#bitcoin #timepreference #mining #Einundzwanzig #michigan #LightningNetwork ⚡️
1) # Full nodes (reachable) - 17,087 (-3.15%)
2) # LN nodes - 13,788 (n/c)
3) LN capacity (BTC) - 4,998 (n/c)
4) BTC addresses > 1M sats - 12.72M (-0.25%)
5) BTC addresses > 10M sats - 4.57M (-0.29%)
6) BTC addresses > 100M sats - 1.020M (-0.12%)
7) Hashrate (EH/s) - 538 (+5.08%)
8) Price - $41,715 (-5.07%) (Sunday close)
9 Price/Hashrate - 78 (-9.66%)
10) Michigan businesses accepting BTC (btcmap.org) - 18 (5.88%)
11) Routing Events - 291 (+0.69%)
12) Routing Sats - 1,443 (+76.19%)
* % change figures from prev.
A little late this week (again) but we're still here (again). Wild (or not, depending on your time preference) past week from a price standpoint, all the hype for $50k and that OG Bitcoiners were getting calls to sell their BTC because the custodians couldn't buy enough to fill the demand was kind of funny. Surprise, hello $40k, and quickly! We're hovering at a pretty crucial area $42k-$44k and I don't have strong conviction on if we breakdown or not. So I will continue to DCA.
FWIW - I'm happy the ETF narrative is done but I really don't like where I feel this is going. Centralized custody of BTC and a continued narrative that the only use case is for criminals or money laundering will only get bigger and bigger over the next year, in my humble opinion. I hold my stack in self-custody but it sure feels that outlawing self-custody in the US is the path we're headed down, it really would be the only attempt to 'stop' this thing if I was a politician concerned w/ losing my ability to control the monetary policy. I DO believe we will prevail in numbers but it's a scary thought, the path of getting there. /End rant/
Back to the report, we still see declines (quite large) in all address counts. I don't really understand why. Hashrate continues to rip! Oh, and I'm earning some fees again with some routing activity. Very volatile stat but fun to watch regardless.
I hope everyone can find some balance in their day/week. We have about 2.5 / 3 feet of snow and I was able to take my dog out today to admire the beauty of snow-covered trees. Cheers.
#bitcoin #timepreference #mining #Einundzwanzig #michigan #LightningNetwork ⚡️