Nice little move up this weekend. The good thing is that it hasn't been smacked down straight away, this bodes well for next week I think. Somehow I got logged out. The capchas on this site are ridiculous.
I remember getting this link a while ago. I never have to do captchas using that https://bitcointalk.org/captcha_code.phpyou need to sign in first to see the link to bookmark |
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Greyscale now holds just less than 400k coins from a high of around 670k, I think. Can't wait till it's down to 0. Also the new 9 ETFs have probably surpassed coins held by Greyscale today. Another plus.
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For those interested. This site gets the ETF flows data at the earliest possible period. Only in dollars though. https://farside.co.uk/?p=997 |
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I know we've just passed it but didn't see any pics of these yet. EDIT: could of posted a commodore 65 I guess  When 128? |
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So close to breaking the previous ATH in AUD now, I can almost taste it.
I don't think we've ever broken a previous ATH BEFORE a halving event before have we? This cycle could, no, will, be fucking insane
Happy to hear that for you. Soon it will be all the rest of us. |
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I need to update my sources. I was checking ETF net flows yesterday, and the latest data was from Feb. 23st  Still almost only GBTC outflow volume, (almost) all other ETFs posive inflow. Would have been interesting to look at the monday data... However, it seems to me that resistance around $57.3k is weakening by watching the exchange charts. Looking good. I've been looking at these guys, don't know if that helps. https://heyapollo.com/bitcoin-etfFor actual data, James Syffart @JSeyff on twitter posts the actual data from the bloomberg terminals as soon as he gets it. |
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Yeah who are you following bob. I've been checking in with bitmexresearch every few days but don't know whose coverage is the best. Would be nice if there was a webpage that summarises important parts each day so that I can go back and look through it all.
Got a link to the official trial audio/video feed from the folks handling the case. Had to send someone an email and request access. Well that's pretty awesome. I haven't got that kind of time myself so I'll stick with bitmex I guess. |
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Craig Wright is getting fucking roasted on the stand today. It's beautiful...
got a link? down with a cold, could use some fun. Yeah who are you following bob. I've been checking in with bitmexresearch every few days but don't know whose coverage is the best. Would be nice if there was a webpage that summarises important parts each day so that I can go back and look through it all. |
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Kinda glad we’ve taken a breather and the price has stopped pumping. It’s too early bros, the last thing we needed was an unsustainable pre-halving rally and a mini blow off top and dump. Slow and steady wins the race man, this shit is a marathon, not a sprint.
I do wonder who is selling now though, what kind of a moron do you have to be to sell the greatest financial asset known to man, two months before its supply is cut yet again? I guess you can’t help stupid people.
I’d like 50k to hold, if only for psychological reasons. Let’s meander around 50k and then start a slow rise into the halving. Spot ETFs will soon have bought all the OTC supply and that’s when the fun will really start. $250,000 in play for 2025.
HODL.
I'm getting impatient, but, you're right. Still it would nice to break the ATH within say 3 months. |
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Would you rather have: - $1 million
- 0.0000002 BTC, but doubled every day for 30 days
If bitcoiin is doubling in price every day for 30 days, I'll take the million and buy a million worth of bitcoin on day 1 and have that double for 30 days. Is that allowed? Maybe you should add rice as option https://owlcation.com/stem/Rice-on-a-Chessboard-Exponential-numbers |
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This is also the end of the 4 year boom bust cycles IMO. With the ETFs we are now only getting a very small taste of the money coming in. There are multiple trillions out there that are going to flow in over the next few years and I don't think seeing the price between 200-500k would be that surprising. Sure, it would be nice if this money was coming in through self custody rather than ETFs, but that's not how people work. It also doesn't matter because bitcoin is free to all good or evil, rich or poor, asshole or nice, stupid or smart. Bitcoin does not care, it just is.
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When?  Friday |
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Good things come to those who wait. Indeed. Great news for the Bitcoin network as well. Usually you see transactions spike along with the price. If the mempool gets much clearer it will be a good time to consolidate some inputs for future spending. Usually you do. Which is why I strongly believe the increases in fees over the last 12 months have not been from any ordinals or such shit, but rather an attack. Actual Ordinals demand is maybe contributing a 10 sat baseline increase at most. |
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Good things come to those who wait. |
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$50k is upon us, what a time to be a bitcoiner! Transaction fees now under $1 again.
What have changed? Does it mean the Ordinal virus is over? I really want to know what happened because it is strange seeing price rising and TX fee dropping. Jay covered your question pretty well. Never knowing why these things happen is part of the beauty of it all. Just understand that higher fees solve themselves. Same as with any commodity. |
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Transaction fees now under $1 again.  |
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Seems the chain spammers have finally run out of money, or I guess achieved their goals. Just to remind everybody again, the solution to high fees, is high fees.  I never really cared about the mempool fees until I started to running a lightning node. Now I keep a tab open at all times to monitor the mempool when I'm using the computer. January was quite a rough month, considering the mempool fees. I had two channels force closed, costing me roughly 200k sats. So looking into the future when mempool fees are consistently higher due to more users, how negative do you think that will be for the LN? I mean the whole point of it is so that we can still have cheap transactions. I really know very little about the theory, or current practicality of it, at the moment as I just haven't had the time to get into it. it is easy to use ln if you open an account with kraken. Just remember they are an exchange an the coins are not yours. But they give you access to their LN wallet you can send or receive and not do any bs with maintenance I keep around 350 usd worth of btc on that exchange just incase I need to do LN. I understand that you can just use a third party, but, if it's such an issue to open close channels when fees are high, is that actually going to be a problem? Or are these issues only relevant to the small lightning players while perhaps someone like Kraken they high fees don't matter. |
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Seems the chain spammers have finally run out of money, or I guess achieved their goals. Just to remind everybody again, the solution to high fees, is high fees. I never really cared about the mempool fees until I started to running a lightning node. Now I keep a tab open at all times to monitor the mempool when I'm using the computer. January was quite a rough month, considering the mempool fees. I had two channels force closed, costing me roughly 200k sats. So looking into the future when mempool fees are consistently higher due to more users, how negative do you think that will be for the LN? I mean the whole point of it is so that we can still have cheap transactions. I really know very little about the theory, or current practicality of it, at the moment as I just haven't had the time to get into it. |
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Seems the chain spammers have finally run out of money, or I guess achieved their goals. Just to remind everybody again, the solution to high fees, is high fees. |
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O/T So I guess Putin didn't have cancer, Parkinson's, a stroke and a heart attack after all, and was able to give a 2 hour+ interview with Tucker Carlson. How can those excellent, high quality, fact checked, trustworthy western media outlets make this mistake? And they are still at it; pointing out his leg shook once during a two hour recording. That is not how Parkinson's is diagnosed. They don't have the attention span to fact check Putin for two hours so let's focus on the leg shaking. A single toilet made out of chocolate is more useful than all those outlets put together I would say. Every single one of these outlets should be nuked to the ground; BBC, Daily Mail, Sky News, Fox News, ABC, NBC, CNN etc. etc. Quite ironically, they've become worse than Pravda! Please tell me again how a tiny hire boat was used with a couple of amateur divers to completely sabotage the under water buried in the bedrock Nordstream pipeline. The intelligence community has been infiltrating traditional media since the 60s. This is the result, a society that has no trust. Thank god bitcoin is trustless. |
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