“Time Preference”- 12th Edition
1) # Full nodes (reachable) - 16,758 (-+1.31%)
2) # LN nodes - 15,525 (+0.33%)
3) LN capacity (BTC) - 4,740 (-2.81%)
4) BTC addresses > 1M sats - 12.41M (-0.08%)
5) BTC addresses > 10M sats - 4.49M (+0.15%)
6) BTC addresses > 100M sats - 1.02M (+0.20%)
7) Hashrate (EH/s) - 400 (-6.76%)
8) Price - $26,248 (-1.08%) (Sunday close)
9 Price/Hashrate - 66 (+6.09%)
10) Michigan businesses accepting BTC (btcmap.org) - 21 (n/c)
* % change figures from prev.
Not a lot to look at this week. Of note, I think this is the first time I’ve seen a decrease in addresses >1M sats since I’ve been doing this for 13 weeks. Interesting.
LN capacity back down a couple %. It seems every time we increase that we give it back the following week, it’s now been since July since we were above the 5K BTC threshold.
Hashrate down a little, price relatively flat, just boring. All boring. Without patience it’s a difficult time to get excited about much but that’s just fine. Continuing to DCA.
Have a great week!
#bitcoin #timepreference #mining #lightningnetwork⚡️
GM, nice! What class?
Maaaannnn. Masters week though. I agree once every 4 years is special
For sure, older brother cannot keep up anymore (haven’t been able to for a few years if I’m honest with myself haha)
Good morning! Grateful to watch my little sister run at her high school cross country meet today.
She set a PR with us all there watching, 18:18 for a 5K. fast. #running
The consensus for people I talk to buying houses right now is that it’s tough but “yeah, I’ll just have to refinance when rates come back down.”
It reminds me of how certain a lot of people (myself included) were that bitcoin was just going to keep going to $70k-$100k, no chance or thought of a double top in my mind.
It’s scary, what happens if rates just don’t come back down next year or the year after or the following? Can the majority afford their payments with these higher rates? I hope so
GM and HF
“Time Preference”- 12th Edition
1) # Full nodes (reachable) - 16,542 (-1.01%)
2) # LN nodes - 15,474 (+2.05%)
3) LN capacity (BTC) - 4,877 (+2.01%)
4) BTC addresses > 1M sats - 12.42M (+0.34%)
5) BTC addresses > 10M sats - 4.49M (+0.27%)
6) BTC addresses > 100M sats - 1.02M (+0.10%)
7) Hashrate (EH/s) - 429 (+12.01%)
8) Price - $26,535 (+2.71%) (Sunday close)
9 Price/Hashrate - 62 (-8.31%)
10) Michigan businesses accepting BTC (btcmap.org) - 21 (n/c)
* % change figures from prev.
A little late in this week’s post. As for now, the magical $25k did hold but it feels there is a magnet trending back down towards it. Hashrate continues to grind higher and the Price / Hashrate multiple continues to drop. Certainly is plenty of uncertainty surrounding the macro environment and the general markets are feeling that. I’ll be very curious to see how Bitcoin reacts over the next month or so during what feels like some higher volatility period. Most other metrics including LN capacity and nodes grind, UP! Good to see.
#bitcoin #timepreference #mining #lightningnetwork⚡️
And as I’m thinking about this price only seems to run when I’m not bullish or even bearish so maybe we do need to go touch $18k-$20k again, who knows
Yeah I mean all my buddies that were interested/bullish on bitcoin at $60k in 2022 and at $30k in March don’t want to touch bitcoin right now. That says enough for me.
But then again watch it go touch that yearly open at $16.5K again and just say fuck you and your bullishness. That would be something. Bitcoin does some crazy shit
Haha. I’m always bullish to be clear but very bullish right now. Just not a lot of fiat to act on, which is a good thing because I’m all in the asset in most bullish on 🤷♂️
I’m pretty bullish on bitcoin here
All good, wanted to double check I wasn’t missing anything!
Trezor was east to use before I switched to coldcard. Jade seems solid too
Curious, how do you come up with wallets from the addresses chart?