11–20 of 268 posts
Actually Bitcoin is down 13.52% in the last 7 days https://coinmarketcap.com/
You may be confusing the bitcoin network conditions with price action . iirc, there were some mainstream and social media stories of the recent "events" concerning the country of Kazakhstan regarding banning of bitcoin mining and the political unrest (and or violence that ensued). The blip you experienced may have been a direct result from this.
"downtime" is kind of a weird way to call it. Its not down in the same way we think of AWS being down. I guess the right way to say it is 'time when the current longest chain was not an active chain', but that doesn't exactly roll of the tongue I guess.
Actually Bitcoin is down 13.52% in the last 7 days https://coinmarketcap.com/
Srsly: $40.8K on 8th Jan 2021 and 2022 https://www.statmuse.com/money/ask/bitcoin+price+jan+2021
Actually Bitcoin is down 13.52% in the last 7 days https://coinmarketcap.com/
You may be confusing the bitcoin network conditions with price action . iirc, there were some mainstream and social media stories of the recent "events" concerning the country of Kazakhstan regarding banning of bitcoin mining and the political unrest (and or violence that ensued). The blip you experienced may have been a direct result from this.
"downtime" is kind of a weird way to call it. Its not down in the same way we think of AWS being down. I guess the right way to say it is 'time when the current longest chain was not an active chain', but that doesn't exactly roll of the tongue I guess.
I just changed it with your suggestion which i believe make more sense.
Earlier quoted context omitted.
You may be confusing the bitcoin network conditions with price action . iirc, there were some mainstream and social media stories of the recent "events" concerning the country of Kazakhstan regarding banning of bitcoin mining and the political unrest (and or violence that ensued). The blip you experienced may have been a direct result from this.
It was a little joke, but probably not funny to those hodling BTC
Earlier quoted context omitted.
You may be confusing the bitcoin network conditions with price action . iirc, there were some mainstream and social media stories of the recent "events" concerning the country of Kazakhstan regarding banning of bitcoin mining and the political unrest (and or violence that ensued). The blip you experienced may have been a direct result from this.
It was a little joke, but probably not funny to those hodling BTC
The real joke is the fact there are far better coins out there that nobody cares about just because they're not BTC.
"downtime" is kind of a weird way to call it. Its not down in the same way we think of AWS being down. I guess the right way to say it is 'time when the current longest chain was not an active chain', but that doesn't exactly roll of the tongue I guess.
> The Bitcoin network has been functional for %99.98 of the time since its inception on January 3, 2009 at 02:54:25 GMT Seems weird. What was that 0.02% when it was down? I've clearly missed it.
> Yes, the Bitcoin Network has been down two times in the past. Once in 2010 for around 9 hours, known as the Value overflow incident where a block contained a transaction that created 184 billion Bitcoins for three different addresses. The network was soft forked to not allow any more than 21 million Bitcoins ever. > And once again in 2013 for 7 hours, known as the March 2013 Chain Fork, where a block that had a lar…
9+7=16 hours of downtime since the network started to operate (Jan 3rd, 2009).
4,753 days since then, or 114,072 hours.
Uptime: (114,056 / 114,072 * 100) = 99.98% since inception.
Actually Bitcoin is down 13.52% in the last 7 days https://coinmarketcap.com/