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?
When did it receive first transaction?
Yeah I’m not sure but it’s crazy. It looks like the multiple was lower than 64 before. Most of November and December last year (low of 55 on 11/22), March 10-11th this year and June 15th this year. Outside of that it’s the lowest it’s been.
Whoever it is, it seems they don’t care much about the price as it is today
“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….
Sucks
Sure did, wasn’t in the cards for me this year, for good reason though!
How was it?
This wasn’t me and it feels good to say that, you learn valuable lessons every now and then.
Gm. Anything happen recently? HF
I would rather not trust a third party to tell me how much bitcoin I own or allow me to move it when and where I want
Lesson was learned long ago, fortunate for that. Thanks!
Wow. I just withdrew my 291k sats from Blockfi - did not expect to see this day
This aged nicely. nostr:note1rmft2lwrlsfejfs9ygvxne727tzzh3uwkwvpn5m7567wd365qk0sckf3jj
Got it, makes sense. Not a lot of Japanese?
What vehicles are on the roads the most there?
GM
Time is running out for BTC to be breaking down. It really should be at $28.369 in my opinion