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Is Bitcoin Down or Just Me?
21–30 of 268 posts
Re: Is Bitcoin Down or Just Me?
#22Would be interesting to include stats on of chain reorgs (frequency, length, etc.) as they're technically part of their downtime definition ("current longest chain was not an active chain"). It would also give an idea of the level of risk when waiting for X confirmations.
Re: Is Bitcoin Down or Just Me?
#23Actually Bitcoin is down 13.52% in the last 7 days https://coinmarketcap.com/
And up x,xxx% the past 5 years. People have short memories. Heck, in 2020 it was only around $9k.
Re: Is Bitcoin Down or Just Me?
#24No post body was provided.
Re: Is Bitcoin Down or Just Me?
#25Actually Bitcoin is down 13.52% in the last 7 days https://coinmarketcap.com/
Bitcoin's at the same price today as it was on this date last year. Wen moon? Srsly: $40.8K on 8th Jan 2021 and 2022 https://www.statmuse.com/money/ask/bitcoin+price+jan+2021
Adjusting for inflation that is actually a loss year to date.
S&P 500 was up 26 percent last year.
Re: Is Bitcoin Down or Just Me?
#26What happened to Lightning? Did it solve Bitcoin's problems yet?
Re: Is Bitcoin Down or Just Me?
#27Would be interesting to include stats on of chain reorgs (frequency, length, etc.) as they're technically part of their downtime definition ("current longest chain was not an active chain"). It would also give an idea of the level of risk when waiting for X confirmations.
How can one get such stats? Any source for reference?
Re: Is Bitcoin Down or Just Me?
#28I am curious how the 99.98% SLA compares to other payment networks (eg: Visa, etc). A bit apples to oranges, since the transaction volume is different.
Re: Is Bitcoin Down or Just Me?
#29Earlier quoted context omitted.
Bitcoin's at the same price today as it was on this date last year. Wen moon? Srsly: $40.8K on 8th Jan 2021 and 2022 https://www.statmuse.com/money/ask/bitcoin+price+jan+2021
Adjusting for inflation that is actually a loss year to date. S&P 500 was up 26 percent last year.
You can't take one snapshot in time and compare it when the two assets exhibit wildly different volatility characteristics. You are capturing Bitcoin's price when it is down.
If we were to do the same thing at the end of the year last year we could say it went up 70% in 2021 (and that was after a big drop from it's ATH) whereas the S&P only went up 26%. See how that isn't the whole story?