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Bitcoin enthusiast looking to help grow the network

Matt, you asked " who the fuck is selling".

I believe it's $1billion of the seized silk road coins that the US government just put on the open market.

Seems like a big coincidence that this happening at same time banks are having problems and erases incoming liquidity to buy BTC.

Historically US has auctioned off seized assets, not sell in market.

Additionally voyager is selling tokens into usdc. That's fucked up too.

Coincidental actions....

- kill silver gate so no incoming liquidity can buy BTC

- sell $1billion of BTC before new onramps can be established

- occur at same time mt gox distributions occur (however I think that's been delayed some)

- attack mining in legislation for energy use

- Biden propose 30% mining tax

Bitcoin price dropping again.

Is the US government selling the silk road coins on Coinbase? Causing this drop?

Is this part of choke point 2.0?

JD, i use coinledger.io for my crypto tax tracking. Its way worth the money to me. I export my transactions from whatever source (binance, nicehash, f2pool, coinbase, etc) and put it in excel format that coinledger.io defines and bam! It figures out all costs basis and handles all the buy and sell transactions. And keeps track of my future/remaining cost basis.

I need it because i have all kinds of tax implications (typical buy/sell, mining revenue, etc)

They also have some tax faqs if thats what you need

And yet another idea...

Along the lines of my first suggestion (having ability to control hashing ON vs Standby for temperature control of external systems),

Hashing ON or OFF control based on local utility needs. When peak elec demand give ability for remote hashing OFF command.

This interface needs a standard implementation so that all utility districts in the US (or world for that matter) can reliably use miners as a balancer (load shaving). If the miner opts into a lowered cost power program.

One more idea...

Being open source it would be nice to see versions that have under clocking, overclocking, auto tuning, etc. Like the third party firmwares that currently exists (braiins, vnish, chipless).

In the open source code, I think it would super handy to have functionality of hashing on or in standby. Think of all the use cases of home systems using Asics as heating elements (for water, HVAC, etc). Current bitmain implementations of using Asics for heat demand is pretty clunky at best. You have to trick the ASIC to stop hashing but still the fans are on too high. Would be nice if that functionality was built in.

I was in San Diego last weekend. Saw Bitcoin ATM. Holy cow the commission is high. Price of BTC was around 23k at the time. To buy BTC it would cost 25k. To sell BTC they would give you 21k. 8.6% fee is too damn much.

These two green lines show some short term bullishness