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Diesel
Member since: 2023-01-03
Diesel
Diesel 3d

"Time Preference”- 52nd Edition FOMC / Mid Week Update 1. Full nodes (reachable): 23,602 (+6.82%) 2. LN nodes: 17,342 (-0.06%) 3. LN capacity (BTC): 5,706 (+7.82%) 4. BTC addresses > 1M sats: 12.758M (+0.13%) 5. BTC addresses > 10M sats: 4.49M (-0.03%) 6. BTC addresses > 100M sats: 975k (+0.02%) 7. Hashrate (EH/s): 931 (+2.39%) 8. Price: $76,323 (+10.61%) (yesterday’s close) 9. Price/Hashrate: 82 (+13.32%) 10. Michigan businesses accepting BTC (btcmap.org): 199 (+9.34%) % change figures from previous edition * We’ve got some momentum! I wasn’t far off last report, we ripped to 79.2k in about two weeks. Price action looks really good, IMO which stinks because I enjoyed accumulating cheap sats down here. $92k comes quickly it seems. The real important stuff though is still addresses and businesses accepting bitcoin, thanks and - apparently a new business is accepting bitcoin every 8 seconds right now. We can keep arguing about the centralization aspect of this or how it’s taken is so long to get here or whatever else there is to argue about. At the end of the day, we can spend our bitcoin at significantly more places than we could just a couple months ago. Really exciting stuff in the journey to seeing Bitcoin transition to money. Address counts over 1M sats are a hair shy of new all time high. I expect we breach that level come next report, no big deal though right? Plenty of grifting at the conference for sure this week, but at the same time I’ve really enjoyed listening to some of the presentations and discussions online. Last night there was one with discussing bitcoin as a sovereign tool - it was my favorite yet and I’d recommend checking it out if you haven’t already. Cheers, everyone—have a great rest of the week! #bitcoin #timepreference #mining #Einundzwanzig #michigan #LightningNetwork ⚡️ #stayhumbleandstacksats

#bitcoin #timepreference #mining #Einundzwanzig #michigan
Diesel
Diesel 25d

Masters Week!!! Nothing better honestly. Especially as a culmination to the most dreaded cyclical period of the year for me, mid Feb to early April. Excited for more sun, warm weather and golf. #golf #masters #mastersweek

#golf #masters #mastersweek
Diesel
Diesel 26d

"Time Preference”- 51st Edition Easter Sunday/Monday, Alleluia! 1. Full nodes (reachable): 22,096 (-11.79%) 2. LN nodes: 17,353 (-0.37%) 3. LN capacity (BTC): 5,292 (+3.94%) 4. BTC addresses > 1M sats: 12.74M (+0.74%) 5. BTC addresses > 10M sats: 4.49M (+0.38%) 6. BTC addresses > 100M sats: 975k (+0.06%) 7. Hashrate (EH/s): 954 (-8.55%) 8. Price: $68,999 (+2.68%) (yesterday’s close) 9. Price/Hashrate: 72 (+12.28%) 10. Michigan businesses accepting BTC (btcmap.org): 182 (+9.64%) % change figures from previous edition * Hiatus complete, it wasn’t perfect but in a positive light, I feel in a much better place today than I did Ash Wednesday. My goal is to let things come the rest of this year rather than force my hopes, wants and dreams. On to the report - price has...checks notes… not fallen! It’s been a long time saying this but we’re slightly up in price over lent by 2.68%. It’s probably just me being antsy now but we look ready to rip to $80k here imo. Let’s see. Price/hashrate does look like it could’ve been (and still is) deep value. Up 12.28% in ~40 days. The real star of the show though and will be for the next few reports is address counts and businesses accepting bitcoin! Addresses over 1M sats, my favorite metric, is SO CLOSE to setting a record high, previously at 12.60M in December 2023. 0.75% jump in 40 days! Businesses accepting bitcoin almost 10% jump in 40 days, thanks !? Last couple things to keep an eye on are full node count dropping over 10% and hashrate almost 9%. Cheers, everyone—have a great rest of the week! #bitcoin #timepreference #mining #Einundzwanzig #michigan #LightningNetwork ⚡️ #stayhumbleandstacksats

#bitcoin #timepreference #mining #Einundzwanzig #michigan

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