Official Bitcoin Thread

[D Double]

Looking at the last few blocks on Etherscan, we're definitely deflationary but I'm not sure why it's 400 Gwei at the moment.

Etherscan is saying Opensea is the cause so maybe there was pent up demand to buy NFT's or something.
150+ Gwei is what I heard the network needs to be at to become deflationary.

Looking at my mining rewards, I've probably taken about a 5 to 10% hit so far but need to wait a few days more to see where we settle.
Would've made some good gains with 400 gwei before EIP 1559 but either way the price of ETH going up should counter balance this.

 

[fapmasterjr]

IF, you believe in ETH and its ecosystem and how many dapps and defi will be built/run on top of the chain...you may want to start stacking more and more....its burning at a nice rate....so far over $5mil since this AM, and at current prices...over $5BILLION a year:

You can view more stats here:

Open Source Ethereum Blockchain Explorer - beaconcha.in - 2024

beaconcha.in makes Ethereum accessible to non-technical end users

etherchain.org

 

[johnnyredstorm]

Looking at the last few blocks on Etherscan, we're definitely deflationary but I'm not sure why it's 400 Gwei at the moment.

Etherscan is saying Opensea is the cause so maybe there was pent up demand to buy NFT's or something.
150+ Gwei is what I heard the network needs to be at to become deflationary.

Looking at my mining rewards, I've probably taken about a 5 to 10% hit so far but need to wait a few days more to see where we settle.
Would've made some good gains with 400 gwei before EIP 1559 but either way the price of ETH going up should counter balance this.

You just need 11 gwei to be deflationary once we go PoS.

 

[stuntman mike]

it falls in line with what vectorspace ai is doing. ticker: VXV. i started a small bag during this recent dip.

i’m not mad that i didn’t put more into it but this one is doing really well. bought in at 1.2, 1.6, and a little more at 2.3ish iirc. it’s pumped to 4.6 in the 2 weeks since i posted that.

chainlink announced their upcoming CCIP that has huge backers. i wonder what this means for thor and sif. should be interesting. maybe i should be buying more LINK. what are your thoughts on chainlink’s announcement johnnyredstorm ?

Chainlink Is Building a Billion-Dollar Bridge to a Multi-Chain World - Decrypt

Chainlink founder Sergey Nazarov today announced its Cross-Chain Interoperability Protocol, alongside automated smart contract service, “Keepers.”

decrypt.co

 

[D Double]

Nice gains on VXV. Still need to look into that.

You just need 11 gwei to be deflationary once we go PoS.

Really?
How did you get to that number. Need to horde more ETH now.

 

[pdino]

I'm feeling FOMO to get into ETH.

It's significantly more deflationary now. The current setup is the more congested and successful ETH is, the more deflation. If our US dollars are inflating 5-15% and ETH is deflating (and you can stake it)... just a no-brainer.

BTC: I think we're going to keep bouncing off this 42k resistance and bouncing down to a bit until we can make that 42k our new support. I'm looking to sell 41k+, re-buy 37k+, rinse and repeat

 

[ballinsam23]

How do you guys feel about the impact of this new infrastructure bill?

 

[heyson]

why does thorswap still show rune at $4.71?

 

[stuntman mike]

How do you guys feel about the impact of this new infrastructure bill?

the introduced amendment definitely helped quell some of the fud.

 

[fapmasterjr]

How do you guys feel about the impact of this new infrastructure bill?

Gift & Curse

Gift - they see crypto as a legit threat

Curse - they want in on the $$$

Overall - early investors in crypto are going to FLOURISH.... HARD #nolisnasx.

If you are missing this train now, wait til what happens in 2022.

85:15 = BlueChip:MoonShot

 

[wr]

Global repricing of all assets set to happen in 2022.

 

[johnnyredstorm]

i’m not mad that i didn’t put more into it but this one is doing really well. bought in at 1.2, 1.6, and a little more at 2.3ish iirc. it’s pumped to 4.6 in the 2 weeks since i posted that.

chainlink announced their upcoming CCIP that has huge backers. i wonder what this means for thor and sif. should be interesting. maybe i should be buying more LINK. what are your thoughts on chainlink’s announcement johnnyredstorm ?

Chainlink Is Building a Billion-Dollar Bridge to a Multi-Chain World - Decrypt

Chainlink founder Sergey Nazarov today announced its Cross-Chain Interoperability Protocol, alongside automated smart contract service, “Keepers.”

decrypt.co

This is interesting, not familiar with it so I need to read up. Lots of room here TAM wise so we’ll see what happens.

 

[17]

Anyone in on ACH?

 

[D Double]

Look at the pump!

 

[fapmasterjr]

Let us NEVER FORGET....

 

[stuntman mike]

bitcoin sell walls getting eaten up faster than french fries at our dinner table.

 

[mplsdunk]

So much for cheap eth.

 

[johnnyredstorm]

Anyone in on ACH?

Need to look at it but folks are being maxis w this and amp. TAM is big enough for both.

 

[Air Champa]

FOMO is such a

Still gonna buy a few eth coins. Scared to death it'll look like Bitcoin in time and I'll really feel like an idiot for missing out.

 

[wavycrocket]

 

[mplsdunk]

Just buy it bruh, whatever happens doesn’t matter if you hodl.

 

[wavycrocket]

So much for cheap eth.

I staked on coinbase (thanks to you), and had some recurring bags in the regular one. Hope this goes.

 

[mplsdunk]

Nice, yeah I stake all my new buys too.

once eth 2 drops and they take away the interest payment I’ll move it somewhere that compounds and let it snowball.

I’m on the wait for usdc coin too. Gonna throw my savings in cash in there. 4% is better than .5% I get now. Free money.

 

[Air Champa]

Welp....just bought 2 eth coins.

May buy 2 more next time I get paid.

 

[ballinsam23]

Just DCA daily/weekly and save yourself the headache.