HF

Bingo, I didn’t get lucky regarding when I bought bitcoin. I got lucky in when I fell down the rabbit hole View quoted note →

"Time Preference”- 35th Edition 1) # Full nodes (reachable) - 18,560 (+5.54%) 2) # LN nodes - 13,350 (-0.85%) 3) LN capacity (BTC) - 4,648 (-1.17%) 4) BTC addresses > 1M sats - 12.50M (-0.03%) 5) BTC addresses > 10M sats - 4.56M (+0.05%) 6) BTC addresses > 100M sats - 1.018M (+0.04%) 7) Hashrate (EH/s) - 561 (+1.26%) 8) Price - $51,722 (-0.78%) (Sunday close) 9 Price/Hashrate - 92 (-2.02%) 10) Michigan businesses accepting BTC (btcmap.org) - 16 (n/c) 11) Routing Events - 3,882 (-5.13%) 12) Routing Sats - 1,768 (-77.60%) * % change figures from prev. Hello, Nostr! It's Monday and we're back w/ another report for the 35th consecutive week now. High level, nothing crazy out there by my eye. Positive - Full nodes ripping, highest level since I've done this up another ~5% this past week. Remember this number bounces around a lot as connectivity comes and goes; however, it's good to see this trend! Negative - LN nodes and LN capacity continue to drift lower. The trend has been strong in a decreasing direction since October 2023, coincidentally (or not) price has pretty much been the opposite. Strong trend up and to the right. Hash rate has been chopping around here for over 5 weeks, I'm paying attention to this a little closer as we inch towards the halving. Have a great week! #bitcoin #timepreference #mining #Einundzwanzig #michigan #LightningNetwork ⚡️

HF ☀️

Good Morning, I fucking love Thursdays

Anyone have experience with either #casa or #unchained or something similar in setting up a collaborative multi-sig cold storage? I’d like ti learn more about their products and use-case. #asknostr

"Time Preference”- 34th Edition 1) # Full nodes (reachable) - 17,585 (-2.52%) 2) # LN nodes - 13,465 (-1.15%) 3) LN capacity (BTC) - 4,703 (-2.06%) 4) BTC addresses > 1M sats - 12.50M (-0.31%) 5) BTC addresses > 10M sats - 4.56M (-0.16%) 6) BTC addresses > 100M sats - 1.018M (-0.13%) 7) Hashrate (EH/s) - 554 (-5.14%) 8) Price - $52,130 (+7.90%) (Sunday close) 9 Price/Hashrate - 94 (+13.74%) 10) Michigan businesses accepting BTC (btcmap.org) - 16 (-11.11%) 11) Routing Events - 4,092 (+28.28%) 12) Routing Sats - 7,894 (+304.20%) * % change figures from prev. We’re back already after last week’s later report. At a real high level, nothing jumping out at me outside of the continuation in price and a little pullback in hashrate leading to a pretty good increase in the price / hashrate metric. Sitting just below 100 that’s the highest since the week of 12/10/23 before we started to chop around a bit. Let’s see what happens from here. Still very low historically speaking. Address counts continue to drift lower. As does LN capacity and nodes. When will we get that increase again? Capacity has been pretty much down or flat since mid October but obviously price should have an impact on that as well, not as much BTC is required to move similar or more amounts of fiat. Another good week of routing either a significant jump in fees earned. Keeping an eye on this as well. Have a great week! #bitcoin #timepreference #mining #Einundzwanzig #michigan #LightningNetwork ⚡️

GM and HF

"Time Preference”- 33rd Edition 1) # Full nodes (reachable) - 18,040 (+17.09%) 2) # LN nodes - 13,622 (-1.15%) 3) LN capacity (BTC) - 4,802 (-3.59%) 4) BTC addresses > 1M sats - 12.54M (-0.53%) 5) BTC addresses > 10M sats - 4.56M (-0.16%) 6) BTC addresses > 100M sats - 1.019M (-0.08%) 7) Hashrate (EH/s) - 584 (+5.04%) 8) Price - $48,313 (+13.49%) (Sunday close) 9 Price/Hashrate - 83 (+8.05%) 10) Michigan businesses accepting BTC (btcmap.org) - 18 (+20%) 11) Routing Events - 3,190 (+452.86%) 12) Routing Sats - 1,953 (+41.62%) * % change figures from prev. SHIT, I'm late. It's Thursday and I was on a streak of posting first thing Monday for like 3 weeks straigh, oh well, such is life. Good news though, full nodes bounces back w/ a vengeance. Now at 18k, a 17% increase from what I was tracking. Not sure how much stock to put into this metric from bitnodes.io as it does bounce around a bit but I do like to simply watch trends over the weeks. Very glad to see this back above 18k. Still no movement on LN nodes and capacity, not sure what's going on there. Addresses also pretty stagnant, slight declines in all 3 counts. Hashrate, no shocker - Another big week now bouncing on the door of 600. Reminder that this is up ~62% in the 33 weeks I've been doing this, wild! Price is up 58% in same time period so we're actually starting to catch up a little bit from a price standpoint. My routing activity is moving! Not sure why, again, but a HUGE increase in number of events. Let's hope for some follow through! "I'm a little cautious here on price action at least through the halving. We can't seem to get back over the $43k mark decisively and quite honestly need a couple months of consolidation in my opinion. Plus, the USD and interest rates are quite honestly scaring the shit out of me right now. Long term, nothing changes but short term we know a strong dollar an increase in rates are not friends of any commodity, especially the orange coin. Let's see. (queue a run up to $70k now that I've said that???)" ^This was my ending paragraph from last week's report. How'd we do? 😅 Have a great weekend! Get outside. #bitcoin #timepreference #mining #Einundzwanzig #michigan #LightningNetwork ⚡️

Time to pay attention.

So NYCB really absorbed the assets of Signature Bank a year ago?

"Time Preference”- 32nd Edition 1) # Full nodes (reachable) - 15,407 (-3.13%) 2) # LN nodes - 13,781 (+0.14%) 3) LN capacity (BTC) - 4,981 (+0.63%) 4) BTC addresses > 1M sats - 12.60M (-0.15%) 5) BTC addresses > 10M sats - 4.57M (-0.05%) 6) BTC addresses > 100M sats - 1.020M (+0.00%) 7) Hashrate (EH/s) - 556 (-1.94%) 8) Price - $42,570 (+1.29%) (Sunday close) 9 Price/Hashrate - 77 (+3.30%) 10) Michigan businesses accepting BTC (btcmap.org) - 15 (-16.67%) 11) Routing Events - 577 (+194.39%) 12) Routing Sats - 1,379 (+198.48%) * % change figures from prev. Happy Monday, we're enjoying like the 4th day in a row of sunshine here in West Michigan. It's rare this time of year so am going to make sure I take advantage of it outside today. Full nodes drop again for the 4th straight week! We're at the lowest level since I've been doing this well over half a year ago, now down almost 15% since ETF launch. Anyone know what's going on here? #asknostr Not a lot else to speak of but I think the above is an important metric to continue monitoring. The LN nodes and capacity stats have barely moved from #mempool.space in like well over a month, not sure what's going on there but I don't really trust those numbers right now. Routing activity volatility continues, both fees and events over doubled from the previous week. No clue as to how or why these stats move the way they do but I guess it's fun to monitor. I'm a little cautious here on price action at least through the halving. We can't seem to get back over the $43k mark decisively and quite honestly need a couple months of consolidation in my opinion. Plus, the USD and interest rates are quite honestly scaring the shit out of me right now. Long term, nothing changes but short term we know a strong dollar an increase in rates are not friends of any commodity, especially the orange coin. Let's see. (queue a run up to $70k now that I've said that???) Have a great week! #bitcoin #timepreference #mining #Einundzwanzig #michigan #LightningNetwork ⚡️

Best place to convert BTC to fiat? #cashapp ? #river ?

HF. Bonds and interest rates should not be this fucking volatile. The system is broken

Regional banks getting smoked today. #bitcoin and #gold didn’t mind this in March 23 🍿

"Time Preference”- 31st Edition 1) # Full nodes (reachable) - 15,905 (-5.54%) 2) # LN nodes - 13,762 (-0.19%) 3) LN capacity (BTC) - 4,950 (-0.96%) 4) BTC addresses > 1M sats - 12.63M (-0.87%) 5) BTC addresses > 10M sats - 4.57M (+0.10%) 6) BTC addresses > 100M sats - 1.020M (+0.06%) 7) Hashrate (EH/s) - 567 (+19.37%) 8) Price - $42,026 (+1.12%) (Sunday close) 9 Price/Hashrate - 74 (-15.29%) 10) Michigan businesses accepting BTC (btcmap.org) - 18 (n/c) 11) Routing Events - 196 (-25.19%) 12) Routing Sats - 462 (-33.33%) * % change figures from prev. Happy Monday! The Lions gave us all a tough ending to the week last night over here in Michigan, shouldn't have expected a different outcome I suppose but the buzz around the state was real. Here's to another shot next year. 🍻 Full nodes drop again for the 3rd straight week, now down about 10% since this damn ETF launch. I know this stat is kinda useless because we can't monitor Private/Tor nodes but I still like to monitor. This is the lowest number in the 31 weeks I've been doing this, only under 16k briefly back in August 23. Will continue to watch and report, obviously I like to see this number get bigger over time. Hashrate bounces back, aggressively. BTC looks cheap compared to hashrate again, going back to levels seen around Thanksgiving. Interesting, addresses greater than 1M sats dropped significantly, the most since I've been doing this yet over 10M and over 100M increased slightly. I'm just going to try to find ways to blame this ETF it seems going forward, I'll get over it eventually. Have a great week and do something fun. #bitcoin #timepreference #mining #Einundzwanzig #michigan #LightningNetwork ⚡️

Only the lions. Find a way to make it embarrassing to be a lions fan again. After making it to the NFC championship game. #onlytheLions

Gm and HF

This Tesla sell off has a get me out now kind of feeling to it. 🍿

If Tesla goes the whole fucking thing goes eventually in my opinion. It’s what started this crack party in the stock market years ago