well it is now +14% so if it does that for 200 more then drops down to 5-7% it is unlikely that its same variance over and over.


and it drops down to 5% on cue 


Latest Block:   782464  (38 minutes ago)
Current Pace:   105.1427%  (257 / 244.43 expected, 12.57 ahead)
Previous Difficulty:   43551722213590.37                           
Current Difficulty:   46843400286276.55                           
Next Difficulty:   between 47419809089512 and 49356722032117
Next Difficulty Change:   between +1.2305% and +5.3654%
Previous Retarget:   last Thursday at 6:11 PM  (+7.5581%)
Next Retarget (earliest):   April 6, 2023 at 1:45 AM  (in 11d 14h 49m 39s)
Next Retarget (latest):   April 6, 2023 at 2:16 PM  (in 12d 3h 20m 19s)
Projected Epoch Length:   between 13d 7h 33m 57s and 13d 20h 4m 37s
Copy stats to clipboard



So I am thinking this is done on purpose

but what do I know.

me

most posts over 40000

a lot of merit over 5000

Is that really greenpeace artwork 🖼️?

a week or 2 ago


here you go.

So binance and deutche bank are in trouble 😈.

Feds be crashing an burning it all down.

0.25% coming round the in six weeks.

In theory good idea in practice not so good.

Svb had lots of large deposits from companies for payroll purposes.

So the 250,000 insured amount makes it impossibly hard to have enough cash insured for payrolls.

What is needed is a true business/payroll insurance that does not involve regular peoples savings.

So far not one word on this idea 💡 which is obviously needed.

I miss this thread 🧵.

Been too long.

I like this one
https://www.hublot.com/sites/default/files/styles/global_laptop_1x/public/2023-01/big-bang-tourbillon-automatic-yellow-neon-saxem-44-mm-ls-1-landscape.jpg?itok=2qkHX4BJ

This is a very good question. I have a good friend that is a retired banker. He was the lead man for his bank's bond investments. He practiced constant ladder technique so that the bonds held were spread out . This prevents a move like SVB did.

Basically bet all bond investment money in one shot at 1.5% rate and thinking the Fed would pivot.

March 17, 2022   +25   0.25% to 0.50%.      no issues here
May 5, 2022   +50   0.75% to 1.00%       maybe some fear but selling off right here means a small easy to fix loss
June 16, 2022   +75   1.50% to 1.75%.      truly in the hole and the beginning of a let it ride mind set
July 27, 2022   +75   2.25% to 2.50%       got worse and likely the last decent chance to bail without a real issue.
Sept 21, 2022   +75   3.00% to 3.25%       I think the rumors of financial problems may have begun
Nov 2, 2022   +75   3.75% to 4.00%        pretty certain the bank knows it is fucked.
Dec 14, 2022   +50   4.25% to 4.50%       and worse
Feb 1, 2023   +25   4.50% to 4.75%       and worse at this point top people were selling their stock off.
March 22, 2023   +25   4.75% to 5.00%       bank has closed


note all from Forbes and I corrected the March 22 date as they had it as march 2.

https://www.forbes.com/advisor/investing/fed-funds-rate-history/


I have to ask my friend what can a bank do in the case above.

My guess is the bond person knew they really fucked up and hide the issue for close to a year.

early numbers no meaning


but the finishing 66 blocks were done really fast.

they should have been done  at 8:30 and were done at 6:11


about 8 hours time not 10 hours and 20 minutes

so a very high finishing speed for 66 blocks  7.27 minutes a block


followed by a slow beginning. (too short to tell how much)


"Latest Block:   782232  (7 minutes ago)

Current Pace:   109.1161%  (25 / 22.91 expected, 2.09 ahead)

Previous Difficulty:   43551722213590.37                            
Current Difficulty:   46843400286276.55                            
Next Difficulty:   between 46964031586446 and 52292934104161
Next Difficulty Change:   between +0.2575% and +11.6335%
Previous Retarget:   Today at 6:11 PM  (+7.5581%)
Next Retarget (earliest):   April 5, 2023 at 2:07 PM  (in 12d 16h 6m 37s)
Next Retarget (latest):   April 6, 2023 at 5:30 PM  (in 13d 19h 29m 22s)
Projected Epoch Length:   between 12d 19h 55m 43s and 13d 23h 18m 29s
Copy stats to clipboard"


and still far too short (25 blocks) but +9%%

and last 66 blocks on the  jump were  made   +27%


So those 91 blocks show strong  numbers

Yeah variance but same style  a big uptick right before and then after the jump.


"Latest Block:   782325  (11 minutes ago)

Current Pace:   112.7815%  (118 / 104.63 expected, 13.37 ahead)

Previous Difficulty:   43551722213590.37                           
Current Difficulty:   46843400286276.55                           
Next Difficulty:   between 47478477218312 and 53092883345648
Next Difficulty Change:   between +1.3557% and +13.3412%
Previous Retarget:   Yesterday at 6:11 PM  (+7.5581%)
Next Retarget (earliest):   April 5, 2023 at 4:06 AM  (in 11d 16h 28m 59s)
Next Retarget (latest):   April 6, 2023 at 1:51 PM  (in 13d 2h 14m 5s)
Projected Epoch Length:   between 12d 9h 55m 16s and 13d 19h 40m 22s
Copy stats to clipboard"


Still strong uptick. +12.7%

about 10-11 hours away and 6 to 7 % looks to be what will happen.

I ordered 2 whats miner m50 units from mikeywith


this will bring us to 2.0ph and 750th or 2.75ph total

Almost certain to do +0.25% in May and in June.

Summer easing is possible but not likely.


Sideways coin movement with gentle upwards trend for next 6 months is possible. Also my guess.   But as JJG will say what the fuck does an old school fiat based boomer know.

two key elections

Bush-Gore
Clinton-Trump

it was expected. (=0.25%)

Best case is inflation carries on untouched forcing still yet another =0.25% or even +0.50% on May 3rd


If this is the case we could see a massive rally. 30>40>50k in may



here is some nice bullishness




+6% = 20-25 eh = 25,000 ph = 25,000,000 th

250,000 x 100th s19's = gear added this jump

250,000 x 1400 = 350 million in gear added this jump.

Depends the business funds are back on coinbase.

I just spent 0.00003612 btc to send .135 btc for 2 whatsminer m50 units.

They don't give a choice but the business end of mining demands all kyc shit trackable yada yada yada.

On my trezor sends I go low 4 to 7 sats  a vB my trezor sends are low priority.

Yep lower watts = under clock = cooler.

Are the 70's coming back Who remembers this term "Stag-flation"


google search result below

"The stagflation of the 1970s, a combination of slow growth and rapidly rising prices, challenged prior assumptions, leading economists to examine the causes and policies that would end the stagnant period."

yeah 2204 x 10.23 = 22546 a ton

my sources say +0.25% on weds is pretty much set in stone and certain.

I will see if he is good.

If he quits he needs to do it on his own time.

I quit smokes on Feb 29 1996 (always wanted a feb 29 date to have a real meaning for me)

I was 39  I know smoking was hurting me at 28.  It was an 11year process for me to quit. Hoping the dude can decide on his own for himself what to do.