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5001  Bitcoin / Bitcoin Discussion / Re: Bitcoin Mining Firm Riot Secures 33,000 New Rigs for $162 Million on: June 28, 2023, 04:37:58 AM
well in 2015 we were at 400-500 in april

we brushed up to 700 by july.

and slowly wandered upwards into 2016

this rally reminds me of the 2015-2016 move

if it is we will get close to 55k in jan 2024

and top 500k in 202
 
Maybe other people think 🤔 this is going to happen thus cash is flowing into mining.
5002  Other / Meta / Re: TalkImg.com - Image hosting for BitcoinTalk on: June 28, 2023, 03:26:01 AM
my donation was smaller 0.001 btc , but I will donate some coin monthly.

~~

along with giving my signature to him.

bc1qhwnncpdd8gfzqwjkk9n052wf7g9mvks3xaa7qa

is his address but double check with him if you are going to donate coin.

Every donation is valuable! Many, many thanks for your support!
Believe me, I will use this btc for expenses with this service.

This is the address, which is indicated in the OP.

A big hug and thank you!  Wink

I will be sending some coin on monday. keep up good work.

https://www.blockchain.com/explorer/addresses/btc/bc1qhwnncpdd8gfzqwjkk9n052wf7g9mvks3xaa7qa


not many are giving.

 I did 0.001 in may.

I will do 0.001 for June

Sent 0.001 tx is

https://btc1.trezor.io/tx/d58d5704817ec331d01f35e80c13f08cb0335a08f51a6f3c6f375d2937b5fc3c

Keep up good work.

I did 2 donations one for  May one for June.

Hope to donate in late July.

I still am giving you my signature space til August.
5003  Bitcoin / Mining speculation / Re: 2023 Diff thread now opened. on: June 28, 2023, 02:05:01 AM
Talked to foundry they want 20ph minimum.
Not happening any time soon 🔜
So they take NJ miners with enough gear.

They have
 NY
SD
TX mines.

Texas is smoking crazy hot. So we may have dropped to -2 and stayed there due to that heat zone.

A lot of gear will go online in Oct. big jump then.


Quote
https://www.bitrawr.com/difficulty-estimator

Latest Block:   796222  (9 minutes ago)

Current Pace:   97.8666%  (1919 / 1960.83 expected, 41.83 behind)

Previous Difficulty:   51234338863442.89                           
Current Difficulty:   52350439455487.47                           
Next Difficulty:   between 51280792275611 and 51283218091865
Next Difficulty Change:   between -2.0432% and -2.0386%
Previous Retarget:   June 14, 2023 at 7:09 AM  (+2.1784%)
Next Retarget (earliest):   Tomorrow at 2:28 PM  (in 0d 16h 30m 7s)
Next Retarget (latest):   Tomorrow at 2:29 PM  (in 0d 16h 31m 8s)
Projected Epoch Length:   between 14d 7h 18m 27s and 14d 7h 19m 28s

5004  Bitcoin / Bitcoin Technical Support / Going to build a new node. on: June 28, 2023, 12:16:21 AM

I grabbed 2

2tb ssd's at Best Buy

I have this pc

https://www.ebay.com/itm/175781965244

one with the exact specs above.

I will do a fresh install onto a 2tb ssd.


I will download full blockchain to the ssd.

I will clone the ssd to the second ssd and to a 4gb western digital hdd.


Should cost me only for the ssd's as I have the pc and the hdd.

5005  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 27, 2023, 05:38:23 PM
We also have some devoted religious zealots here!



https://twitter.com/wclementeiii/status/1673380889231867924

A statistic quoted from an outsider like stanley duckenmiller takes nothing into account, like lost BTC or Satoshi's coins (I am assuming).

...

leaves 14 mill free

so 2.345 million sold out of 14 mill = 83% hold

or 2.345 mill sold out of 16.75 = 86% hold


so the 2.75 million 'frozen' out of 16.75 million mine

only moves the number 3%


Truly impressive as it means many did not take profits.

As of Jan 1 2017 ATH was about 1400 and from Jan to Dec about 365 x 144 x 12.5 = 660k coins mined (rounded up)

So 16.75m-0.660m = 16.09 mill coins were at a cost value under 1400 in December 2017 when price was 19900

so 14.2x1 at a minimum for 16 mill coins and only 2.345 million got sold

that is fucking really impressive.

There are many long term players in the world of BTC. Assuming the 86 or adjusted 83% are true numbers.

Maybe I missed something but where does the 2.345M BTC sold number come from? Either way, 86% of bitcoin might have not moved, but it would be quite improbable for that to entail 86% of holders did not sell. It could be that 2 large holders did not budge. Or maybe every holder sold  14% of their  btc in 2017.  

Aside the point, the Ducknmiller's zealot diagnosis is right. Separation of money and state changes things, and people want change.

1.00-.86 = .14

thus 14% of 16.75 million coins held in dec 2017 sold in the large drop from 19,900 dec  2017 to 3900  in feb 2020.

that is 2.345 million unloaded of 16.75 million if zero coins were satoshi or lost.

or 2.345 million unloaded of 14 million   if you say 2.75 million were lost or satoshi coins.

one way you get 86% if all coins exist
but the other way you get 83% if you say 2.75 million are lost or frozen.

either way the stats are amazing. especially if you take satoshi coin and lost coin out.

2.345/14.0 = 16.75% sold and 83.25% held this is a stunning number to me. As I pulled 2.75 million coins away from the 16.75 that existed and the hold number is 83.25 %

But the original number as 14% sold and 86% held and I simply do not know how true it is.
5006  Bitcoin / Development & Technical Discussion / Re: Replacement for POW on: June 27, 2023, 11:59:40 AM
Ethereum developers --who by the way pre-mined a 70% of the ETH corp.-- suddenly realize that they can make about 64 times greater yield if they simply mess with their "validator limit".

Someone please guide me, because I honestly have lost some brain cells since they "merged" (lol, more like split) with the Proof-of-Stake mechanism. What prevented someone from pretending they have had like 2-3 Ethereum accounts, each of which staked 32 ETH?

The cost of the coins.  Which for the premined coins was about 25 cents a coin. Ie 96 x .25 = 24 dollars.

5007  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 27, 2023, 11:31:11 AM
decent take by Saylor
https://www.cryptopolitan.com/bitcoin-dominance-jumps-above-50-market-cap/

"Michael Saylor, the co-founder of MicroStrategy and a prominent BTC advocate, predicts that the assets market dominance will surpass 80% in the coming years. He believes that regulatory pressures from the Securities and Exchange Commission (SEC) will lead stablecoins and the majority of other cryptocurrencies to fade away. Saylor envisions the industry being rationalized to focus on BTC, alongside a handful of other Proof-of-Work tokens.

Saylor also attributes the absence of significant institutional investment in the crypto space to the “confusion and anxiety” caused by the existence of over 25,000 alternative cryptocurrencies. He emphasizes that BTC is universally recognized as the digital commodity in the industry, pointing out that SEC Chair Gary Gensler has classified it as a commodity while designating 68 other cryptocurrencies as securities. Currently, Bitcoin is trading at $26,746, reflecting a 1.5% increase in the last 24 hours. Despite recent market “fear” reaching its highest point in three months, the value of BTC has grown over 3% in the past week."



Dare I say BTC , LTC , DOGE are the Handful of pow coins he likes. With a strong emphasis on BTC.




Meanwhile the biggest Piece of shit there is mEth is headed down the path of destruction :

https://www.coindesk.com/tech/2023/06/19/ethereum-developers-propose-raising-validator-limit-to-2048-ether-from-32-ether/

"Ethereum Developers Propose Raising Validator Limit to 2,048 Ether From 32 Ether"
5008  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 27, 2023, 03:20:42 AM
We also have some devoted religious zealots here!



https://twitter.com/wclementeiii/status/1673380889231867924

A statistic quoted from an outsider like stanley duckenmiller takes nothing into account, like lost BTC or Satoshi's coins (I am assuming).

well there are millions of unmoved coins.

In 2017 there were

10.5
  5.25


15.75  2016 1/2ing add 1 million

maybe 16.75 in circulation of which at least 2.75 were 'frozen or lost'

leaves 14 mill free

so 2.345 million sold out of 14 mill = 83% hold

or 2.345 mill sold out of 16.75 = 86% hold


so the 2.75 million 'frozen' out of 16.75 million mine

only moves the number 3%


Truly impressive as it means many did not take profits.

As of Jan 1 2017 ATH was about 1400 and from Jan to Dec about 365 x 144 x 12.5 = 660k coins mined (rounded up)

So 16.75m-0.660m = 16.09 mill coins were at a cost value under 1400 in December 2017 when price was 19900

so 14.2x1 at a minimum for 16 mill coins and only 2.345 million got sold

that is fucking really impressive.

There are many long term players in the world of BTC. Assuming the 86 or adjusted 83% are true numbers.
5009  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 26, 2023, 10:59:31 PM
OK, what's the FUD this week?

FTX drama all over again. Debtors just recovered 7 billion USD.

Quote
Debtors have recovered approximately $7 billion in liquid assets from FTX, according to new court documents.

FTX debtors recover $7B, say investigation has been ‘extraordinarily challenging’

I doubt they have much Bitcoin to sell

why not have some btc. if 7 billion was found only 8.5 billion was missing.

5010  Economy / Computer hardware / Lots and lots and lots of eth cables. Huge wholesale opportunity. on: June 26, 2023, 09:14:11 PM
Black Box

Item Description: CAT5E SNAGLESS GRAY 4FT 350-MHZ PATCH CABLE, Item #: EVNSL80-0004, Quantity: 700
Item Description: CAT5E SNAGLESS GRAY 5FT 350-MHZ PATCH CABLE, Item #: EVNSL80-0005, Quantity: 2000
Item Description: CAT5E SNAGLESS GRAY 20FT 350-MHZ PATCH CABLE, Item #: EVNSL80-0020, Quantity: 900   {3600 Gray cables}



Item Description: CAT5E SNAGLESS GREEN 4FT 350-MHZ PATCH CABLE, Item #: EVNSL82-0004, Quantity: 500
Item Description: CAT5E SNAGLESS GREEN 5FT 350-MHZ PATCH CABLE, Item #: EVNSL82-0005, Quantity: 900
Item Description: CAT5E SNAGLESS GREEN 15FT 350-MHZ PATCH CABLE, Item #: EVNSL82-0015, Quantity: 700
Item Description: CAT5E SNAGLESS GREEN 25FT 350-MHZ PATCH CABLE, Item #: EVNSL82-0025, Quantity: 3400  {5500 Green cables}



Item Description: CAT5E SNAGLESS RED 5FT 350-MHZ PATCH CABLE, Item #: EVNSL83-0005, Quantity: 800
Item Description: CAT5E SNAGLESS RED 15FT 350-MHZ PATCH CABLE, Item #: EVNSL83-0015, Quantity: 800
Item Description: CAT5E SNAGLESS RED 25FT 350-MHZ PATCH CABLE, Item #: EVNSL83-0025, Quantity: 500
Item Description: CAT5E SNAGLESS RED 30FT 350-MHZ PATCH CABLE, Item #: EVNSL83-0030, Quantity: 800   {2900 Red cables}


Item Description: CAT5E SNAGLESS BLUE 7FT 350-MHZ PATCH CABLE, Item #: EVNSL81-0007, Quantity: 3900
Item Description: CAT5E SNAGLESS BLUE 10FT 350-MHZ PATCH CABLE, Item #: EVNSL81-0010, Quantity: 1200
Item Description: CAT5E SNAGLESS BLUE 50FT 350-MHZ PATCH CABLE, Item #: EVNSL81-0050, Quantity: 500   {5600 Blue cables}


17,600 cables in bags/boxes new.   Thats about 57 cents a cable

$9999 includes shipping to all 48 lower continental  states.
Will place on pallets and ship. Must take all.

I would take

 BTC LTC or Doge.
5011  Economy / Computer hardware / Re: WTS brand new Whatsminer. on: June 26, 2023, 09:07:49 PM
to all mikeywith sold 6 units to me all shipped fast all work. I have used them for a few months


5012  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 26, 2023, 06:49:58 PM
OK, what's the FUD this week?

FTX drama all over again. Debtors just recovered 7 billion USD.

Quote
Debtors have recovered approximately $7 billion in liquid assets from FTX, according to new court documents.

FTX debtors recover $7B, say investigation has been ‘extraordinarily challenging’

That is close to 75%. Impressive now lets see how it takes for it to be paid out.
5013  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 26, 2023, 04:41:15 PM
my first new Haiku
I did rule five seven five
but it kind of sucks

My second haiku
Hoping to do better than
The first poor attempt


My third haiku done
I may be getting better
Than the first two done


My haiku theme will be
To count them up way past four
Goal is all time high



when numbers approach
more than seven syllables
how far can this go?

#haiku

five hundred fifty
plus sixty-nine thousand is
all time high baby

5014  Local / Deutsch (German) / Re: Gewinnspiel: (neues?) Bitcoin Allzeithoch im Jahr 2023 on: June 26, 2023, 04:34:56 PM

corrected prior bid ---korrigiertes vorheriges Gebot



Code:
Bitcointalk-Nutzername: Philipma1957

Höchster Bitcoin-Preis bis 31. Dezember 2023 um 23.59.59 UTC: $44,400


thank you


mien Deutsch ist nicht gut.

danken

5015  Local / Deutsch (German) / Re: Gewinnspiel: (neues?) Bitcoin Allzeithoch im Jahr 2023 on: June 26, 2023, 02:55:03 AM


Bitcointalk-Nutzername: Philipma1957

Höchster Bitcoin-Preis bis 31. Dezember 2023 um 23.59.59 UTC: $44,444


thank you


mien Deutsch ist nicht gut.

danken

5016  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 26, 2023, 02:39:18 AM
Please turn off Buddy
Phil needs to be post leader
So it was written.

bud is relentless
buddy be brutally tough
but i did my fifth
5017  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 26, 2023, 02:04:04 AM
my first new Haiku
I did rule five seven five
but it kind of sucks

My second haiku
Hoping to do better than
The first poor attempt


My third haiku done
I may be getting better
Than the first two done


My haiku theme will be
To count them up way past four
Goal is all time high





plus a buddy sandwich just for fun
5018  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 26, 2023, 02:00:22 AM
my first new Haiku
I did rule five seven five
but it kind of sucks

My second haiku
Hoping to do better than
The first poor attempt


My third haiku done
I may be getting better
Than the first two done
5019  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 26, 2023, 01:27:59 AM
my first new Haiku
I did rule five seven five
but it kind of sucks

My second haiku
Hoping to do better than
The first poor attempt
5020  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 25, 2023, 11:43:40 PM
my first new Haiku
I did rule five seven five
but it kind of sucks
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