Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by philipma1957 (1)
I jinxed the bull market when I predicted 70k by may.
back in april..
back in april..
It was you responsible for this whole BTC dippening matter.
Damned Philip..
Can you just stop jinxing the BTC price performance from now on?
We would prefer that things (including BTC price UPpening) can go better for us HODLers?
...
I AGREE.
April to Now has been fine for miners, but it has to have been hard on buy and stack investors.
I did nicely mining and have some stacked so that a blast to 100k+ means I will sell pieces at:
55k
60k
65k
70k
75k
80k
85k
95k
100k
and more if we go there.
The shed is in place. I Paid it off.
We may rent 1 room behind a barber shop.
Do some builds there and a bit of mining.
Got more stuff on the plate than I can eat.
So let the buy and hodl guys have fun from now till mid spring.
So a nice rocket to 100k and beyond would be cool.
You are NOT going to find me proclaiming that "mining is the way to go," but it really does seem that the whole hash/difficulty drop in the past several months have been super great for those miners who were already set up with relatively decently efficient operations (and you seem to have been one of them), so you ended up getting decently great wind-falls from the so much shenanigans in the space - and even the BTC price run up that came before the dropping hash/difficulty issues was likely another bonus (even though not specifically to miners in that case).
Our recent recovery of hashpower/difficulty over the past 3-4 difficulty periods should have brought a pretty decent amount of confidence back to concerns that China might have been putting themselves in a place to attack the bitcoin network, but instead Bitcoin's hashpower is likely showing that they were higher levels of incompetent dweebs than the theories about possible attack on bitcoin would have shown them to be..
https://btc.com/stats/diff?_ga=2.166892222.1079250679.1586286038-48233127.1586286038
Latest Block: 697403 (17 minutes ago)
Current Pace: 113.8478% (1884 / 1654.84 expected, 229.16 ahead)
Previous Difficulty: 14496442856349.12
Current Difficulty: 15556093717702.55
Next Difficulty: between 17712110966646 and 17722686783693
Next Difficulty Change: between +13.8596% and +13.9276%
Previous Retarget: August 13, 2021 at 12:42 AM (+7.3097%)
Next Retarget (earliest): Tomorrow at 7:50 AM (in 0d 19h 19m 26s)
Next Retarget (latest): Tomorrow at 8:00 AM (in 0d 19h 29m 57s)
Projected Epoch Length: between 12d 7h 7m 51s and 12d 7h 18m 22s
https://www.bitrawr.com/difficulty-estimator
Can table some of those ideas about possible attacks (China or whatever), at this point, and just appreciate that the hashrate/difficulty has been going back UP. Lovely... lovely.