"Time Preference”- 46th Edition
1) # Full nodes (reachable) - 17,466 (-7.30%)
2) # LN nodes - 12,972 (-0.19%)
3) LN capacity (BTC) - 4,915 (+0.16%)
4) BTC addresses > 1M sats - 12.59M (-0.33%)
5) BTC addresses > 10M sats - 4.56M (-0.05%)
6) BTC addresses > 100M sats - 1.013M (-0.09%)
7) Hashrate (EH/s) - 592 (+0.17%)
8) Price - $66,275 (+7.83%) (Sunday close)
9 Price/Hashrate - 112 (+7.65%)
10) Michigan businesses accepting BTC (btcmap.org) - 10 (n/c)
11) Routing Events - 120 (+53.85%)
12) Routing Sats - 1,716 (+263.56%)
* % change figures from prev.
46 weeks! 6 more weeks until the full year mark, wild. Well, it was clear skies up to $71k from last week's report. Now it's decision time though - I'm still not convinced we're ready for true price discovery. I wouldn't mind us chop around in this big range from ~$60k to ~$70k, yet we all know #bitcoin beats to the beat of its own drum and it really doesn't matter what any of us wants.
All other metrics seemed to tick slightly lower last week yet not much to note outside of full node count taking a big hit. I honestly think it's just based off when I pull that number but we will take a look next week at this. My routing activity continues to bounce all around, actually up quite a bit week over week. I've been really winding it down and taking some capital out lately w/ the run up in price. The risk just isn't worth the reward to me anymore.
Have a great week all, touch some grass. 🌳
#bitcoin #timepreference #mining #Einundzwanzig #michigan #LightningNetwork ⚡️