Topic: Bitcoin in a good shape? - page 7. (Read 991 times)
Price-wise, we are definitely in a better shape compared to what was last year. Legislation, regulation, and overall acceptance, we're still there, though we have advanced quite a few steps from where we were in 2018. Public interest also is surging together with the price. And even with a lot of people being affected by the pandemic currently, bitcoin still performed unusually better compared to all other assets out there that have established markets and a lot of deep pockets that can literally save their asses if needs be.
Have you checked the market yet? I think that's the first thing you should do.
Well if to give you a quick recap yes the Bitcoin is still in good shape and still more people are trading it and the market seems recovering and now on its bullish.
ya.ya.yo!
Well if to give you a quick recap yes the Bitcoin is still in good shape and still more people are trading it and the market seems recovering and now on its bullish.
ya.ya.yo!
Two years ago, the number of users who know about cryptocurrency and Bitcoin is low. And the price of bitcoin is half of the price compared to now. It's nearly 6000$ and it raised above 11,000$ even a pandemic time. I had never expected, such things will happen. Because many people suffering to earn from corona, some had lost their job because of it. Even in such situation, the price of bitcoin had reached a peak. It was wondering
the node count has reached 100k again and the number of nodes with accepting connection is nearly 11k.
there are more than 13k lightning nodes more than 2k of them are over TOR with 37k channels and total capacity of $12 million.
the hashrate just hit a new ATH which shows the growth of the mining operation while the distribution of this hashrate shows a spread of it around the world.
there are a total of nearly 400k transactions being made every day on bitcoin network transferring about $2 billion in total.
number of merchants accepting bitcoin as payment has shown a steady growth over the past 2 years with payment processors such as bitpay showing a steady growth of the number of transactions they process of about 3% per month.
bitcoin clients have been improved a lot, may of them have introduced LN wallets such as Electrum.
bitcoin development has also been hot. we got the Schnorr signatures published as a BIP a couple of months back with lots of other proposals for improving privacy of bitcoin transactions. and we are close to version 1 witness.
there are more than 13k lightning nodes more than 2k of them are over TOR with 37k channels and total capacity of $12 million.
the hashrate just hit a new ATH which shows the growth of the mining operation while the distribution of this hashrate shows a spread of it around the world.
there are a total of nearly 400k transactions being made every day on bitcoin network transferring about $2 billion in total.
number of merchants accepting bitcoin as payment has shown a steady growth over the past 2 years with payment processors such as bitpay showing a steady growth of the number of transactions they process of about 3% per month.
bitcoin clients have been improved a lot, may of them have introduced LN wallets such as Electrum.
bitcoin development has also been hot. we got the Schnorr signatures published as a BIP a couple of months back with lots of other proposals for improving privacy of bitcoin transactions. and we are close to version 1 witness.
Guys I haven't been here for a while and I'm wondering if Bitcoin is in a better shape than last time I checked 2 years ago.
Thanks
Thanks
It is certainly getting better for hodlers. Yes two years ago was the time price dropped after ATH in 2017 but now price touched $12,000 and retraced. Well, I don't know if we are still going to see that 2018 price.
Wow, 2 years is a long time, where have you been mate? Bitcoin is definitely getting better through the days, there might be bad days but still, it gets better. The crypto world is thriving I must say.
are you kidding me? have you checked at least coindesk - https://www.coindesk.com/price/bitcoin
2 years ago the btc price was about $6k+ and now we actually touched the $12k level already but still more than $11500. so what d'ya think this chart is saying to you?
2 years ago the btc price was about $6k+ and now we actually touched the $12k level already but still more than $11500. so what d'ya think this chart is saying to you?
Guys I haven't been here for a while and I'm wondering if Bitcoin is in a better shape than last time I checked 2 years ago.
Thanks
Thanks
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