Even though proudhon may be a disingenuine dweeb, I would not consider Chartbuddy as a way to measure the last time that bitcoin prices were below $35k.
I can look at the bitcoinwisdom chart, and I can see that on June 18, the BTC price had gotten down to $34,718, so that seems to be pretty damned accurate that bitcoin prices had dipped below $35k - even if it may have only have been for a flash. When I switch over to the 15 minute candles, I can see 7 candles, right around the same time as the deepest dip that the BTC price had dipped below $35k.. there are probably other better ways to measure, but chartbuddy does not seem to be good for attempting to figure out those kinds of ongoing spot changes in price.
looks like more sideways now. rally is delayed because it seems they don't want to have the corn to expensive to still fill their pockets at least until end of August.
By the end of this month we shall see +45K at least. There are huge huge shorts that need to be closed within next 10 days. Proudrekt will be rekt. Again.
Will be watching it...
Rooting for it as usual... Cheers
Rooting for this, of course, and more….
Maybe I can still win El_Duderino game!
Proudhon, don’t worry, I will win our bet too!Please restate or link bet for reference.
thank uuuuuu
the btc diff is dropping bigly
https://diff.cryptothis.com/Latest Block: 688221 (3 minutes ago)
Current Pace: 86.9105% (766 / 881.37 expected, 115.37 behind).
13% Previous Difficulty: 21047730572451.55
Current Difficulty: 19932791027262.74
Next Difficulty: between 17325489300681 and 18242882708090
Next Difficulty Change: between -13.0805% and -8.4780%
Previous Retarget: last Sunday at 4:06 PM (-5.2972%)
Next Retarget (earliest): June 28, 2021 at 11:15 PM (in 9d 4h 15m 19s)
Next Retarget (latest): June 29, 2021 at 6:42 PM (in 9d 23h 42m 36s)
Projected Epoch Length: between 15d 7h 8m 58s and 16d 2h 36m 16s
I have mention that this put pressure on price .
diff will drop to 17.3 vs 26.3. a few weeks back
whether it is simply catching up to the 64>35 price drop or leading more price drop remains to be seen.
Everyone said this time is different yeah it is. Just not sure in what way it is different.
Means a lot for me. my buy price as a miner will drop 13%.
Still stacking the btc I mine and selling every shit coin I mine.
I am thinking.. who fucking cares?
If some folks don't want to mine, then let them shut their machines off and go somewhere else.
There are plenty of miners and if some of them are manipulating or playing games or getting beaten up by the chinese government, who cares?
A lovely thing about bitcoin is both the difficulty adjustment every 2016 blocks and also the fact that the hash power could be dropped by 90% and still there is plenty of computing power there... Let's see how it plays out? Do we have a mining death spiral? I doubt it... Do we have an attack vector? Sure some FUD spreading peeps want you to believe that.,. Lots of profits being left on the table by those who are shutting off their machines or unable to operate and those who are able to operate are likely either picking up the slack and making better profits and perhaps there are even some considering coming back on line with their older equipment and less efficient operations if the hashrate continues to drop.
I will speculate that more likely hashrate follows price rather than the other way around, but whatever, we will see. Won't we.. The next two weeks are critical.
tm.. well one week for this difficulty adjustment and two weeks after that for the next one... so.. sure, let's adjust it to the next three weeks are critical..
tm
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