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Diesel
diesel@nostrplebs.com
npub1vyxt...gurn
LN node runner-ish
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Diesel 2 years ago
Nope just kidding. HF though
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Diesel 2 years ago
Keeping a close eye on all assets and their reaction to a day like today, #bitcoin included. Have to imagine a long-awaited pop in the #vix awaits us
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Diesel 2 years ago
I hope people locked in some profits on their shitcoins, proper flush coming
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Diesel 2 years ago
“Time Preference”- 20th Edition 1) # Full nodes (reachable) - 16,963 (+1.67%) 2) # LN nodes - 14,022 (+0.50%) 3) LN capacity (BTC) - 5,353 (-0.45%) 4) BTC addresses > 1M sats - 12.37M (+0.66%) 5) BTC addresses > 10M sats - 4.50M (+0.28%) 6) BTC addresses > 100M sats - 1.02M (+0.03%) 7) Hashrate (EH/s) - 458 (-2.55%) 8) Price - $37,086 (+5.82%) (Sunday close) 9 Price/Hashrate - 81 (+8.60%) 10) Michigan businesses accepting BTC (btcmap.org) - 22 (n/c) * % change figures from prev. Damn, 20 weeks I've been doing this now! Largest increase in addresses over 1M sats since we started this, the next highest goes all the way back to week of 7/30 where we increase 0.44% vs. the 0.66% this past week. I'm sure this surprises none given the recent price action but it's still cool to see the dynamics of how adoption grows play out in real time. Good continuation in price, let's see when we correct where that next higher low establishes itself. Not much else to note, price goes up and LN capacity and channels hold steady. I do still need to add some better metrics around LN adoption - I'll get to that. Have a great week! #bitcoin #timepreference #mining #Einundzwanzig #michigan #lightningnetwork⚡️
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Diesel 2 years ago
Come on, we get to here Powell drop an F bomb at climate change protesters today, it doesn’t get much better. Forget the bitcoin pump
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Diesel 2 years ago
“Be all of one mind, compassionate, loving toward one another, merciful, and humble”
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Diesel 2 years ago
GM, grateful this morning
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Diesel 2 years ago
Grateful for #running in the fall during lunch today. Physically and mentally grateful
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Diesel 2 years ago
“Time Preference”- 19th Edition 1) # Full nodes (reachable) - 16,685 (+0.21%) 2) # LN nodes - 13,952 (+0.35%) 3) LN capacity (BTC) - 5,377 (+1.00%) 4) BTC addresses > 1M sats - 12.29M (+0.10%) 5) BTC addresses > 10M sats - 4.49M (+0.15%) 6) BTC addresses > 100M sats - 1.02M (+0.04%) 7) Hashrate (EH/s) - 470 (+4.68%) 8) Price - $35,045 (+1.47%) (Sunday close) 9 Price/Hashrate - 75 (-3.07%) 10) Michigan businesses accepting BTC (btcmap.org) - 22 (n/c) * % change figures from prev. We finally see increases across the board in all address count metrics, not surprising based on a 15% increase in price the previous week. Addresses > 1M sats was positive (albeit my a small amount) for the first time in 6 weeks. Slightly surprising to see such a small range in price after a week of strong expansion, I’m curious to see how Bitcoin compares to the traditional markets this week after how they closed out last week, firing on all cylinders. Hash rate continues to rip, we inch closer to 500 EH/s. Up significantly from the summer 2021 lows while price is finally solidly above those lows, it’s still leaps and bounds behind hash rate. This has been the story really for the last 2 years and more. I’m of the belief price will catch up sooner than later but not ruling out anything in this market. Have a great week! #bitcoin #timepreference #mining #Einundzwanzig #michigan #lightningnetwork⚡️
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Diesel 2 years ago
“Time Preference”- 18th Edition 1) # Full nodes (reachable) - 16,650 (+0.51%) 2) # LN nodes - 13,903 (-1.45%) 3) LN capacity (BTC) - 5,324 (+0.41%) 4) BTC addresses > 1M sats - 12.28M (-0.24%) 5) BTC addresses > 10M sats - 4.49M (-0.04%) 6) BTC addresses > 100M sats - 1.02M (-0.08%) 7) Hashrate (EH/s) - 449 (+0.45%) 8) Price - $30,538 (+15.12%) (Sunday close) 9 Price/Hashrate - 77 (+14.61%) 10) Michigan businesses accepting BTC (btcmap.org) - 22 (n/c) * % change figures from prev. We knew this as the majority of price movement came early in the week but the week closed and it sure was a bruiser. +15%!!! Wild. That's the 4th 15% or more price increase this year, the largest was week of March 13th, a 26.47% increase on the weekly chart. The reality is, this whole year we've watched Bitcoin move to the beat of it's own drum. The most comparable asset performance on the weekly basis still seems to be Gold. I just don't know when the rest of the investment world fully comprehends this - When it happens, watch out. Not a lot of movement in the network itself, decreases in most metrics. Will be curious to see how address count reacts to the price run up in the next few weeks. Of note to me is the continued decline in # of LN nodes. It's tough to run a node right now and has been for quite some time. Force closures are costly and fees are minimal. Have a great weekend! #bitcoin #timepreference #mining #Einundzwanzig #michigan #lightningnetwork⚡️
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Diesel 2 years ago
GM, dropping #timepreference report on a Monday finally to start the week
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Diesel 2 years ago
GM, enjoy the day today all #fall #michigan
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Diesel 2 years ago
“Time Preference”- 17th Edition (again late, thought I posted earlier this week and didn’t hit submit) 1) # Full nodes (reachable) - 16,565 (-1.59%) 2) # LN nodes - 14,108 (-0.92%) 3) LN capacity (BTC) - 5,302 (-2.18%) 4) BTC addresses > 1M sats - 12.31M (-0.04%) 5) BTC addresses > 10M sats - 4.49M (+0.01%) 6) BTC addresses > 100M sats - 1.02M (-0.08%) 7) Hashrate (EH/s) - 447 (+0.22%) 8) Price - $30,002 (+10.41%) (Sunday close) 9 Price/Hashrate - 67 (+10.16%) 10) Michigan businesses accepting BTC (btcmap.org) - 22 (+4.76%) * % change figures from prev. Well, from a price standpoint this is quite dated. I don’t think there’s a lot to say in regards to the network itself, slight decrease across the board in most metrics but price. We did give back some of the gains in LN capacity every so slightly. I’d like to incorporate some subjectively ‘better’ LN stats than what I’ve been showing because really what’s important isn’t LN capacity increase or even number of nodes - what’s important is how often is the network being used. In a conversation I had last week with a fellow bitcoiner he mentioned measuring usage better. #asknostr any ideas? Price finally catches up and breaks out of a 75 week range. Let’s see what happens from here. I’ll be honest, I’m not sold on the “decoupling” we’re seeing from traditional indexes but if that’s what is really going on right now then people much smarter than me will be acting on this in a big way very soon. Have a great weekend! #bitcoin #timepreference #mining #Einundzwanzig #michigan #lightningnetwork⚡️
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Diesel 2 years ago
Gonna have a bourbon and send some zaps out I think. Been a minute on both accounts
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Diesel 2 years ago
Gold bid, dollar selling off, everything seems kinda fucked. Where does orange coin go from here? Will be telling