I have never seen a Bitcoin mining farm do this before.
https://twitter.com/EoinHiggins_/status/1411075158006284290
https://www.cnn.com/2021/07/03/americas/gulf-of-mexico-fire-intl/index.html
These petrocorps are Evil incarnate and need to pay every cent of profit they make into a global rehabilitation plan for our Planet until they Chapter 7 and worm's gnaw on their corpses.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5283. (Read 26720873 times)
July 03, 2021, 10:24:02 AM
July 03, 2021, 10:15:06 AM
gloom and doom post after gloom and doom post.
i miss chartbuddy
I am not sure what to do about the hashrate .
I am still mining and stacking my btc
I am selling the other coins I mine.
I will be creating multiple LN nodes in New Jersey
The LN network could end up being a real force for BTC.
And I am still a crab not a fish
and i thought i was comfortable that honeybadger was going to, well, kinda what its done in the past, within reason of course. but this is uncharted territory.. always interesting, that.
such hubris on my part.. we all know how many f*cks honey badger gives.
i think ill put my seat belt on for this one.
July 03, 2021, 10:01:38 AM
July 03, 2021, 09:59:09 AM
July 03, 2021, 09:24:06 AM
Plan B
@100trillionUSD
Looks like I was too early dismissing diminishing returns scenario. I fact, this will be the key question next 6 months:
1) Was $64K the top and will we oscillate between $25K-50K?
2) Or was $64K not the top and will the bull market resume towards S2F $100K-288K?
My money is on 2
https://twitter.com/100trillionusd/status/1411287372956942337?s=21
I am also going with the second option which is the future choice as most famous investors and global companies have just joined the list so oscillation between $25-$30k is temperorary and $64k was just this year's ATH.Next year in 2022 we would be giving two options:@100trillionUSD
Looks like I was too early dismissing diminishing returns scenario. I fact, this will be the key question next 6 months:
1) Was $64K the top and will we oscillate between $25K-50K?
2) Or was $64K not the top and will the bull market resume towards S2F $100K-288K?
My money is on 2
https://twitter.com/100trillionusd/status/1411287372956942337?s=21
1) Will it be oscillating between $65k-$70k?
2)Or will ATH of $100k again be crossed?
Bitcoin has always gone beyond our expectations so being optimistic about its growth is best in our side.
Maybe there are three or four options for ATH considerations for this cycle?
1) $64,895 as top for this cycle
2) Sub-$100k as top for this cycle
3) Between $100k and $288k as top for this cycle
4) Supra-$288k as top for this cycle (maybe as high as $1.5 million, perhaps? a real outlier).
I am not even having much of a clue for how long any of the scenarios could take to playout, because it could take several more months to get back into the supra $50k price arena in order to break back above $64,895 (presuming that we get to those points). so we could have a few decently-sized correction before even getting above $64,895 and even sub $100k (presuming that we get to those points).. but probably breaking above $100k would cause a bit of an UPpity free flow, if it were to occur this cycle.. either this year or dragging out into 2022.. possibly as late as the third quarter (though admittedly the third quarter would be getting quite late for the cycle to still have UPpity momentum).
Difficulty drop and price bump. You love to see it
Maybe people were nervous to see it went OK.
Also seems as if someone made their spending numbers and now we're back in the wind again.
Who made their spending numbers?
July 03, 2021, 09:13:01 AM
The court case was about Bitcoin Whitepapper not about the open source license software.
The court case was about Britain. If British people want to live in a free country they have to move out of Britain asap. That is the moral of the story. Period.
July 03, 2021, 09:08:56 AM
As a miner..
diff has dropped from
25.3 to 14.4 in last 2 months
price has dropped
64k to 34k
If you do the math in terms of collecting and stacking coins it means more coins and if you are just selling to cash (I am not). you are making about 5% less in terms of cash
14.4/25.3 x 64k = 36k and price is 34.6k
I am concerned with the new diff adjustment coming in 2 weeks
We are down about 14%
It is very early but a 14% drop on top of the 27.94% drop is more than I thought would happen.
If we drop 14% and go from 14.3 to 12.29 we are well under 50% of the gear online
That could be a real security issue. I advise all to check the diff and see what it does. this adjustment is important how does that go "the next 2 weeks are critical"
https://diff.cryptothis.com/
is easy to understand. I really do not want any drop over 10% in 2-2.5 weeks I would prefer a drop of 5% or less.
diff has dropped from
25.3 to 14.4 in last 2 months
price has dropped
64k to 34k
If you do the math in terms of collecting and stacking coins it means more coins and if you are just selling to cash (I am not). you are making about 5% less in terms of cash
14.4/25.3 x 64k = 36k and price is 34.6k
I am concerned with the new diff adjustment coming in 2 weeks
Quote
https://diff.cryptothis.com/
Latest Block: 689509 (31 minutes ago)
Current Pace: 85.3997% (38 / 44.50 expected, 6.5 behind)
Previous Difficulty: 19932791027262.74
Current Difficulty: 14363025673659.96
Next Difficulty: between 12521597367956 and 14284579252675
Next Difficulty Change: between -12.8206% and -0.5462%
Previous Retarget: Today at 2:25 AM (-27.9427%)
Next Retarget (earliest): July 17, 2021 at 4:33 AM (in 13d 18h 43m 44s)
Next Retarget (latest): July 19, 2021 at 11:51 AM (in 16d 2h 1m 39s)
Projected Epoch Length: between 14d 2h 8m 42s and 16d 9h 26m 37s
...
Latest Block: 689509 (31 minutes ago)
Current Pace: 85.3997% (38 / 44.50 expected, 6.5 behind)
Previous Difficulty: 19932791027262.74
Current Difficulty: 14363025673659.96
Next Difficulty: between 12521597367956 and 14284579252675
Next Difficulty Change: between -12.8206% and -0.5462%
Previous Retarget: Today at 2:25 AM (-27.9427%)
Next Retarget (earliest): July 17, 2021 at 4:33 AM (in 13d 18h 43m 44s)
Next Retarget (latest): July 19, 2021 at 11:51 AM (in 16d 2h 1m 39s)
Projected Epoch Length: between 14d 2h 8m 42s and 16d 9h 26m 37s
...
We are down about 14%
It is very early but a 14% drop on top of the 27.94% drop is more than I thought would happen.
If we drop 14% and go from 14.3 to 12.29 we are well under 50% of the gear online
That could be a real security issue. I advise all to check the diff and see what it does. this adjustment is important how does that go "the next 2 weeks are critical"
https://diff.cryptothis.com/
is easy to understand. I really do not want any drop over 10% in 2-2.5 weeks I would prefer a drop of 5% or less.
gloom and doom post after gloom and doom post.
i miss chartbuddy
I am not sure what to do about the hashrate .
I am still mining and stacking my btc
I am selling the other coins I mine.
I will be creating multiple LN nodes in New Jersey
The LN network could end up being a real force for BTC.
And I am still a crab not a fish
July 03, 2021, 09:04:47 AM
Buddy lets get going I want to see thirty five 35+ numbers from you
July 03, 2021, 09:01:27 AM
July 03, 2021, 08:58:34 AM
As a miner..
diff has dropped from
25.3 to 14.4 in last 2 months
price has dropped
64k to 34k
If you do the math in terms of collecting and stacking coins it means more coins and if you are just selling to cash (I am not). you are making about 5% less in terms of cash
14.4/25.3 x 64k = 36k and price is 34.6k
I am concerned with the new diff adjustment coming in 2 weeks
We are down about 14%
It is very early but a 14% drop on top of the 27.94% drop is more than I thought would happen.
If we drop 14% and go from 14.3 to 12.29 we are well under 50% of the gear online
That could be a real security issue. I advise all to check the diff and see what it does. this adjustment is important how does that go "the next 2 weeks are critical"
https://diff.cryptothis.com/
is easy to understand. I really do not want any drop over 10% in 2-2.5 weeks I would prefer a drop of 5% or less.
diff has dropped from
25.3 to 14.4 in last 2 months
price has dropped
64k to 34k
If you do the math in terms of collecting and stacking coins it means more coins and if you are just selling to cash (I am not). you are making about 5% less in terms of cash
14.4/25.3 x 64k = 36k and price is 34.6k
I am concerned with the new diff adjustment coming in 2 weeks
Quote
https://diff.cryptothis.com/
Latest Block: 689509 (31 minutes ago)
Current Pace: 85.3997% (38 / 44.50 expected, 6.5 behind)
Previous Difficulty: 19932791027262.74
Current Difficulty: 14363025673659.96
Next Difficulty: between 12521597367956 and 14284579252675
Next Difficulty Change: between -12.8206% and -0.5462%
Previous Retarget: Today at 2:25 AM (-27.9427%)
Next Retarget (earliest): July 17, 2021 at 4:33 AM (in 13d 18h 43m 44s)
Next Retarget (latest): July 19, 2021 at 11:51 AM (in 16d 2h 1m 39s)
Projected Epoch Length: between 14d 2h 8m 42s and 16d 9h 26m 37s
...
Latest Block: 689509 (31 minutes ago)
Current Pace: 85.3997% (38 / 44.50 expected, 6.5 behind)
Previous Difficulty: 19932791027262.74
Current Difficulty: 14363025673659.96
Next Difficulty: between 12521597367956 and 14284579252675
Next Difficulty Change: between -12.8206% and -0.5462%
Previous Retarget: Today at 2:25 AM (-27.9427%)
Next Retarget (earliest): July 17, 2021 at 4:33 AM (in 13d 18h 43m 44s)
Next Retarget (latest): July 19, 2021 at 11:51 AM (in 16d 2h 1m 39s)
Projected Epoch Length: between 14d 2h 8m 42s and 16d 9h 26m 37s
...
We are down about 14%
It is very early but a 14% drop on top of the 27.94% drop is more than I thought would happen.
If we drop 14% and go from 14.3 to 12.29 we are well under 50% of the gear online
That could be a real security issue. I advise all to check the diff and see what it does. this adjustment is important how does that go "the next 2 weeks are critical"
https://diff.cryptothis.com/
is easy to understand. I really do not want any drop over 10% in 2-2.5 weeks I would prefer a drop of 5% or less.
gloom and doom post after gloom and doom post.
i miss chartbuddy
July 03, 2021, 08:52:09 AM
Difficulty drop and price bump. You love to see it
As a miner..
diff has dropped from
25.3 to 14.4 in last 2 months
price has dropped
64k to 34k
If you do the math in terms of collecting and stacking coins it means more coins and if you are just selling to cash (I am not). you are making about 5% less in terms of cash
14.4/25.3 x 64k = 36k and price is 34.6k
I am concerned with the new diff adjustment coming in 2 weeks
Quote
https://diff.cryptothis.com/
Latest Block: 689509 (31 minutes ago)
Current Pace: 85.3997% (38 / 44.50 expected, 6.5 behind)
Previous Difficulty: 19932791027262.74
Current Difficulty: 14363025673659.96
Next Difficulty: between 12521597367956 and 14284579252675
Next Difficulty Change: between -12.8206% and -0.5462%
Previous Retarget: Today at 2:25 AM (-27.9427%)
Next Retarget (earliest): July 17, 2021 at 4:33 AM (in 13d 18h 43m 44s)
Next Retarget (latest): July 19, 2021 at 11:51 AM (in 16d 2h 1m 39s)
Projected Epoch Length: between 14d 2h 8m 42s and 16d 9h 26m 37s
...
Latest Block: 689509 (31 minutes ago)
Current Pace: 85.3997% (38 / 44.50 expected, 6.5 behind)
Previous Difficulty: 19932791027262.74
Current Difficulty: 14363025673659.96
Next Difficulty: between 12521597367956 and 14284579252675
Next Difficulty Change: between -12.8206% and -0.5462%
Previous Retarget: Today at 2:25 AM (-27.9427%)
Next Retarget (earliest): July 17, 2021 at 4:33 AM (in 13d 18h 43m 44s)
Next Retarget (latest): July 19, 2021 at 11:51 AM (in 16d 2h 1m 39s)
Projected Epoch Length: between 14d 2h 8m 42s and 16d 9h 26m 37s
...
We are down about 14%
It is very early but a 14% drop on top of the 27.94% drop is more than I thought would happen.
If we drop 14% and go from 14.3 to 12.29 we are well under 50% of the gear online
That could be a real security issue. I advise all to check the diff and see what it does. this adjustment is important how does that go "the next 2 weeks are critical"
https://diff.cryptothis.com/
is easy to understand. I really do not want any drop over 10% in 2-2.5 weeks I would prefer a drop of 5% or less.
July 03, 2021, 08:47:27 AM
What? How is this how Cobra helping Bitcoin? Did he accept the defeat?
The court case was about Bitcoin Whitepapper not about the open source license software.
The court case was about Bitcoin Whitepapper not about the open source license software.
That's irritating (verified it on https://bitcoin.org), so this "loonie crank abusing UK copyright law" (title given by core dev laanwj) won another battle?
BTW: For Bitcoin Core the official site can be used instead: https://bitcoincore.org/
July 03, 2021, 08:44:13 AM
Difficulty drop and price bump. You love to see it
Maybe people were nervous to see it went OK.
Also seems as if someone made their spending numbers and now we're back in the wind again.
July 03, 2021, 08:40:49 AM
Nothing much have changed in this matrix for quite some time. Bitcoin is in range bound at the moment.
July 03, 2021, 08:01:27 AM
July 03, 2021, 07:51:56 AM
What? How is this how Cobra helping Bitcoin? Did he accept the defeat?
The court case was about Bitcoin Whitepapper not about the open source license software.
The court case was about Bitcoin Whitepapper not about the open source license software.
July 03, 2021, 07:24:07 AM
Plan B
@100trillionUSD
Looks like I was too early dismissing diminishing returns scenario. I fact, this will be the key question next 6 months:
1) Was $64K the top and will we oscillate between $25K-50K?
2) Or was $64K not the top and will the bull market resume towards S2F $100K-288K?
My money is on 2
https://twitter.com/100trillionusd/status/1411287372956942337?s=21
I am also going with the second option which is the future choice as most famous investors and global companies have just joined the list so oscillation between $25-$30k is temperorary and $64k was just this year's ATH.Next year in 2022 we would be giving two options:@100trillionUSD
Looks like I was too early dismissing diminishing returns scenario. I fact, this will be the key question next 6 months:
1) Was $64K the top and will we oscillate between $25K-50K?
2) Or was $64K not the top and will the bull market resume towards S2F $100K-288K?
My money is on 2
https://twitter.com/100trillionusd/status/1411287372956942337?s=21
1) Will it be oscillating between $65k-$70k?
2)Or will ATH of $100k again be crossed?
Bitcoin has always gone beyond our expectations so being optimistic about its growth is best in our side.
July 03, 2021, 07:01:37 AM
July 03, 2021, 06:44:43 AM
Plan B
@100trillionUSD
Looks like I was too early dismissing diminishing returns scenario. I fact, this will be the key question next 6 months:
1) Was $64K the top and will we oscillate between $25K-50K?
2) Or was $64K not the top and will the bull market resume towards S2F $100K-288K?
My money is on 2
https://twitter.com/100trillionusd/status/1411287372956942337?s=21
@100trillionUSD
Looks like I was too early dismissing diminishing returns scenario. I fact, this will be the key question next 6 months:
1) Was $64K the top and will we oscillate between $25K-50K?
2) Or was $64K not the top and will the bull market resume towards S2F $100K-288K?
My money is on 2
https://twitter.com/100trillionusd/status/1411287372956942337?s=21
July 03, 2021, 06:01:26 AM
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