Libre Blockchain

2021-05-03 13:33:28 https://www.marketwatch.com/story/charlie-munger-says-bitcoins-rise-disgusting-and-contrary-to-interests-of-civilization-11619978483 Open / Comment

2021-05-03 13:30:42 Charlie Munger is a fucking retard. Case closed. Open / Comment

2021-05-01 23:31:58 681408 was the first block that established the new difficulty.

There's already been three blocks found in just 3 minutes under this new difficulty... Open / Comment

2021-05-01 23:18:02 Bitcoin Difficulty Adjusts on the Next Block

Just fyi - should be at height 681408 Open / Comment

2021-05-01 22:36:40 Article Goes More In-Depth into the Relationship Between Large Negative Difficulty Adjustments and the Price

You can read that here: https://librehash.org/bitcoin-negative-difficulty-adjust-bullish/

Full thread about this published on Twitter as well: https://twitter.com/LibreCharts/status/1388566944157106177?s=20 Open / Comment

2021-05-01 22:30:08 May 1st, 2021 (estimated diff. adjustment -12% / -13%) Its very possible that this could be a catalyst in itself. What Makes the Drop in Difficulty a Catalyst? One could argue that the drop in difficulty (by itself), means that it has become more profitable… Open / Comment

2021-05-01 22:23:06 May 1st, 2021 (estimated diff. adjustment -12% / -13%)

Its very possible that this could be a catalyst in itself.

What Makes the Drop in Difficulty a Catalyst?

One could argue that the drop in difficulty (by itself), means that it has become more profitable to mine Bitcoin than it was previously.

In this case, significantly so. Given the fact that Bitcoin is almost as expensive as its ever been, this could create a 'free-for-all', where we see a crash of hashrate on top of Bitcoin (natural economic incentive).

If its more competitive to mine Bitcoin, its more competitive to get Bitcoin (if we restrict the term "get" to mining it). This may seem stupid, but there's a value to newly minted bitcoins. They have zero history to them, they're fresh. Zero taint, no mixed this or that - no history.

Its the ultimate best option for someone that really wants any level of "anonymity" on Bitcoin in the truest sense. Open / Comment