HF again. Gotta love a late March snowfall and a dog ready to play frisbee. Hope everyone had a great weekend!
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HF!
GM, love Thursdays
Had an off day today but stumbled upon this piece and it suited me well with my often busy mind. β€œMany are the plans in the mind of a man, but it is the purpose of the Lord that will be established.” I got some comfort from this, hope someone else might too. GN.
About the only thing being bearish today was the exact outcome bulls expected without price responding as expected
Hello and good morning
The hourly chart (very high time preference) is just brutal. Orderly selling from people that wished they sold above $70k to lock in some profits. And the market hasn’t even opened It’s nice being a bitcoiner that is getting really excited at this price action to load up some more if they give us sub $60k corn
GM!
"Time Preference”- 38th Edition 1) # Full nodes (reachable) - 18,835 (+1.83%) 2) # LN nodes - 13,113 (-1.24%) 3) LN capacity (BTC) - 4,697 (+2.55%) 4) BTC addresses > 1M sats - 12.44M (-0.59%) 5) BTC addresses > 10M sats - 4.53M (-0.10%) 6) BTC addresses > 100M sats - 1.009M (-0.28%) 7) Hashrate (EH/s) - 593 (-0.67%) 8) Price - $68,352 (-0.98%) (Sunday close) 9 Price/Hashrate - 115 (-0.31%) 10) Michigan businesses accepting BTC (btcmap.org) - 16 (n/c) 11) Routing Events - 151 (+0.67%) 12) Routing Sats - 1,272 (+31.00%) * % change figures from prev. Look at the full node count go, up almost another 2%! Cool to see, again I'm not sure how much stock to take in this metric w/ all the private/Tor nodes but it's still fun to monitor. I'd rather it go this way than the other. I posted this past week that price action felt tired, with each pop above the previous high seemed little follow through. We have seen a little pullback but this trend has been so strong I'm not sure which way this goes in the short term (let's be real, noone does). I'll enjoy picking up some more sats at lower prices should they come and I'll enjoy the ride if they don't. Address counts continue to slightly decline which just goes to show where retail or the average non-bitcoiner is, IMO (not really here). I did upgrade my node setup this past week for hopefully more consistent uptime and less concerns about overclocking my node. Will see how this impacts routing activity over the next few weeks. Have a great week. I'm grateful to be here. #bitcoin #timepreference #mining #Einundzwanzig #michigan #LightningNetwork ⚑️
GM!