Bitcoin & Markets

LISTENER QUESTIONSShow notes and transcripts for this episode available: https://bitcoinandmarkets.com/e133SUBSCRIBE iTunes | Stitcher | Google PlayGET OUR FREE FUNDAMENTALS REPORTA weekly report with all the fundamentals you hear about on the show. Stay informed, and it's free.https://bitcoinandmarkets.com/reportSUPPORT THE SHOW!No Ads + Member Content on PATREONBTC or PayPal DONATEOur Big Page of Educational LinksQ&A1.Josh@shemadeitforme: With countries experiencing hyperinflation at the moment, I'd love to hear a realistic take on what would happen to bitcoin if the USD hyperinflated. (Although it's a long way off) And to touch on that, why does nobody cover the effect the next US recession will have on Bitcoin?2. JB@BlackSwan0815: In your opinion who in the space are possible government agents besides Gavin, Jeff and Jihan? How could the governments try to recruit people in the space to cause possible damages3. Samuel@Fancynut1: Google trends. Why is this important to you? Is this correlated with price?4. ErikJones@EJPHarmD: What do you think mimblewimble status/value will be a year from now? Founders unknown is a good start. I mean how many other cryptos are the founders unknown?5. ErikJones@EJPharmD: What kind of major news are you expecting to hear about the lightning network within the next 6 months.6. EpistemiCrisis on discord: Do you consider ethereum a broken network because of its lack of scalability or is there another more fundamental issue?FOLLOW @AnselLindner | @btcmrkts | Instagram | Facebook THANK YOU LISTENERS!Huge list of episode sources Music by Tonezpro **DISCLAIMER: This is not investment advice, do your own research.**

Top story line: The most recent difficulty adjustment, a major vulnerability handled extremely well by Core devs, a decision on the VanEck-SolidX ETF pushed back, Bitcoin privacy creeps forward.Show notes and transcripts for this episode available: https://bitcoinandmarkets.com/e132SUBSCRIBEiTunes | Stitcher | Google Play | RSSGET OUR FREE FUNDAMENTALS REPORTA weekly report with all the fundamentals you hear about on the show. Stay informed, and it's free.SUPPORT THE SHOW!No Ads + Member Content on PATREONBTC or PayPal DONATEGet 2 free audio books when you sign up on AudibleOur Big Page of Educational LinksPRICESPrice: $67031 finney: $0.67 $1: 1.4929 finneys | 14929 satsDaily 200 SMA: $7466Mayer Multiple: 0.898FUTURESOkex Futures: (Dec) $6605 | spread -$100 CME Futures: Sep $6690 | Oct $6695 | open interest 2,706 / 13,530 btcBitmex Futures: Sep $6668 | Dec $6610 SENTIMENT Longs / Shorts: 27,700 / 36,400 (0.76)CommentaryATH shorts, 40k was hit. If I were short, my stops would be in profit from $7200, and in the high 6000s. Maybe I'd start closing them now. MINING Difficulty: 1.9% below my sweet spot. See reportMining profitability: $0.22 THash/s/day Mempool: 7d High: 16MB | Time: 2h45m to clearMedian on chain fee: $0.09/txHalvening: 87,629 blocks | 569 days | Apr.12.2020DEVELOPMENTUpgrade your nodes! Vulnerability patch in 16.3Current release: 0.16.3 / 0.17 RC4Next major release est: 0.17.0 - Oct, 2018New Optech NewsletterTRENDS Interest according to Google Trends is declining. This is the first time in a few months where the short term interest has put in a new low. General disinterest. Explore search interest for bitcoin, Ethereum, Blockchain, Cryptocurrency by time, location and popularity on Google Trends - https://g.co/trends/QxskMNewsVanEck-SolidX ETF deadline pushed back.Samourai Stowaway Blog HereFOLLOW @AnselLindner | @btcmrkts | Instagram | Facebook THANK YOU LISTENERS!Huge list of episode sources Music by Tonezpro **DISCLAIMER: This is not investment advice, do your own research.**

Top story lines: Bottom holds, on chain volumes are down, Lightning boomshell, Bitgo custodianship, Paxos and Gemini stablecoinsReport, patreon, show notes.Show notes and transcripts: https://bitcoinandmarkets.com/e131SUBSCRIBEiTunes | Stitcher | Google Play | RSSGET OUR FREE FUNDAMENTALS REPORTA weekly report with all the fundamentals you hear about on the show. Stay informed, and it's free.SUPPORT THE SHOW!No Ads + Member Content on PATREONBTC or PayPal DONATEGet 2 free audio books when you sign up on AudibleOur Big Page of Educational LinksPRICESPrice: $64711 finney: $0.65 $1: 1.5453 finneys | 15453 satsDaily 200 SMA: $7626Mayer Multiple: 0.849FUTURESOkex Futures: (Sep) $6386 | spread -$85 CME Futures: Sep $6330 | Oct $6380 | open interest 2,858 / 14,290 btcBitmex Futures: Sep $6430 | Dec $6417 SENTIMENT Longs / Shorts: 25,800 / 36,700 (0.70)Short remain elevatedMARKETMarket Cap: $111B Global Bitcoin MC: $198BMaximalist Price: $11,488 Volatility 30-day: 2.76%On chain vol (24h): 980,000 btc | $6.4B Avg tx val (24h): 4.15 btc | $26,800 kMedian tx Val (24h): 0.052 btc | $334 DEVELOPMENTCurrent release: 0.16.2 / 0.17 RC3Next major release est: 0.17.0 - Oct, 2018Merged PRs: 37Proposed PRs: 18 Closed issues: 9New Optech NewsletterLIGHTNING Capacity: 115.79 btc Channels: 12,430 Nodes: 3,454 NEWSLightning Network is possibly twice as large as we thinkTweet #1: "The price level of all monetary goods is determined by (and only by) reservation demand."Tweet #2: Master vs Slave mentality. I also think of this as altcoiners/scammers always have a victim mentality.Regulated stablecoins are the threat, not ETFs and futures.Two new products from Paxos and GeminiGemini's USDG is completely centralized and censorable. This is my worry.BitgoFOLLOW @AnselLindner | @btcmrkts | Instagram | Facebook THANK YOU LISTENERS!Huge list of episode sources Music by Tonezpro **DISCLAIMER: This is not investment advice, do your own research.**

E130: BITCOIN COMMENTARY - POLITICS - ATTACK VECTORS - PSYCHOANALYSISIn Bitcoin is Freedom EP8 Jeff and I take recent sound bites of Chris Derose and we psychoanalyze him. We breakdown lots of aspects of the Bitcoin community and how they function in a decentralized fashion. You can find new episodes of this series over on our Patreon.Show notes and transcripts for this episode available: https://bitcoinandmarkets.com/e130SUBSCRIBEiTunes | Stitcher | Google PlayGET OUR FREE FUNDAMENTALS REPORTA weekly report with all the fundamentals you hear about on the show. Stay informed, and it's free.SUPPORT THE SHOW!No Ads + Member Content on PATREONBTC or PayPal DONATEOur Big Page of Educational LinksFOLLOW @AnselLindner | @btcmrkts | Instagram | Facebook THANK YOU LISTENERS!Music by Jaokim Karud**DISCLAIMER: This is not investment advice, do your own research.**

Today is a big day for the show, we are launching our Fundamentals Report. In the this episode I introduce a couple new metrics, and cover all the fundamentals that you need.Show notes and transcripts for this episode available: https://bitcoinandmarkets.com/e129SUBSCRIBEiTunes | Stitcher | Google PlayGET OUR FREE FUNDAMENTALS REPORTA weekly report with all the fundamentals you hear about on the show. Stay informed, and it's free.SUPPORT THE SHOW!No Ads + Member Content on PATREONBTC or PayPal DONATEOur Big Page of Educational LinksPRICESPrice: $63981 finney: $0.64 $1: 1.5620 finneys or 15620 satsDaily 200 SMA: $7760Mayer Multiple: 0.83Halvening: 89,670 blocks | 582 days | Apr.11.2020FUTURESOkex Futures: (Sep) $6316 | spread -$80 CME Futures: Sep $6355 | Oct $6405 | open interest 2,644 / 13,220 btcBitmex Futures: Sep $6320 | Dec $6311 SENTIMENT Longs / Shorts: 26,600 / 39,000 (0.68)Right at ATH shortsMARKETMarket Cap: $112B Global Bitcoin MC: $204BMaximalist Price: $11,847 Volatility 30-day: 3.25%On chain vol (24h): 1.2 mil btc | $7.9B Avg tx val (24h): 5.0 btc | $32.5 kMedian tx Val (24h): 0.063 btc | $409 MINING Difficulty: est. 3.77% (last 3: 4.34%, 5%, 7%)Mining profitability: $0.24 THash/day Blockchain size: 213 GB Mempool: 3.5MB Median on chain fee: $0.27/txDEVELOPMENTCurrent release: 0.16.2 / 0.17 RC2Next major release est: 0.17.0 - Oct, 2018Merged PRs: 29Proposed PRs: 20 Closed issues: 14LIGHTNING Capacity: 104.16 btc Channels: 12,007 Nodes: 3,389 Channels/node: 3.5Cap/channel: 0.0086 btc ($54)Cap/node: 0.030 btc ($200)TRENDS Slight positive trend appearing on the 90 day google trends. We have bottomed in sentiment and interest according to Google Trends and are now in a flat consolidation of interest, or a slight increase.FOLLOW @AnselLindner | @btcmrkts | Instagram | Facebook THANK YOU LISTENERS!Huge list of episode sources Music by Tonezpro **DISCLAIMER: This is not investment advice, do your own research.**

E128: QUESTIONS AND ANSWERS ABOUT BITCOINSources and transcripts for this episode available: https://bitcoinandmarkets.com/e128SUBSCRIBE iTunes | Stitcher | Google Play | RSSGET OUR NEWSLETTERhttps://bitcoinandmarkets.com/reportSUPPORT THE SHOW! No Ads + Member Content on PATREON BTC or PayPal DONATENEW TO BITCOIN? Start hereQ&AWhat if some miners decided to fork bitcoin to dismiss next halvening and stick to the current reward forever?https://twitter.com/cryptocratie/status/1031462524405919744If fractional reserve is a concern with custodian like ICE/Bakkt.https://twitter.com/EJPharmD/status/1031407343316029441Build on the idea of Altcoins = crypto inflation.https://twitter.com/reallife_ck/status/1031419681804959744Although segwit has been available for a while, how many people know how to use it?https://twitter.com/dnickerson80h/status/1032458611568664577Can you rattle off a list of reasons that people didn't sell the top? This time was so much different than the gox hack but has had pretty similar results so far. https://twitter.com/SnuffyJoesnuffy/status/1031725052163747841developers incentive to work on btc. What will make the BEST developers choose btc over other projects?https://twitter.com/mathiasmathias/status/1031501546197008384Recently many articles were published on the cost of a 51% attack on bitcoin. The cost is high but manageable, i guess, for a government (like the US) or a bank coallition. What are your views on this? Thank you so much.https://twitter.com/miguelmagalhae2/status/1031477614676987906FOLLOW Host: @AnselLindnerShow: @btcmrktsInstagramTHANK YOU LISTENERS!MusicTitle: Funk Your StyleArtist: @TONEZPROGenre: Hip Hop & Rap**DISCLAIMER: This is not investment advice, do your own research.**

E127: FUTURES - NETWORK STATS - MINING - MARKET SIZE - SOFTWARE - LIGHTNINGSUBSCRIBE iTunes | Stitcher | Google Play | RSSGET OUR NEWSLETTERhttps://bitcoinandmarkets.com/reportSUPPORT THE SHOW! No Ads + Member Content on PATREON BTC or PayPal DONATENEW TO BITCOIN? Start herePRICES Price: $6327 | 1 finney: $0.63 Daily 200 SMA: $8130 Mayer Multiple: 0.77 FUTURES Okex Futures: (Sep) $6249 (spread -$80) CME Futures: (Aug) $6165 (Sep) $6255 (open interest 2,833 / 14,165 btc) Bitmex Futures: (Sep) $6268 (Dec) $6267 SENTIMENT Longs / Shorts: 29,000 / 26,200 (1.10) MARKET Market Cap: $109 B Global Bitcoin MC: $215 b Maximalist Price: $12,500 Volatility 30-day: 3.78% On chain vol (24h): 695,884 btc ($4.4B) Avg tx val (24h): 3.91 btc ($24 k) Median tx Val (24h): 0.058 btc ($366) MINING Difficulty: est. -7% (last 3: -3%, 5%, 2%)Mining profitability: $0.22 THash/day Blockchain size: 209 GB Mempool: 3MB Median on chain fee: $0.07/tx DEVELOPMENT Merged PRs : 31 Closed issues : 8 LIGHTNING Capacity: 95 btc Channels: 11.1k Nodes: 3050 Channels/node: 3 ( wrongly quoted 10 on the show ) Cap/channel: 0.009 btc ($54) Cap/node: 0.045 btc ($280) TRENDS Slight positive trend appearing on the 30 day google trends. Watching this for more upward movement. Showing support FOLLOW @AnselLindner | @btcmrkts | Instagram | Facebook THANK YOU LISTENERS!Huge list of episode sources Music by Joakim Karud**DISCLAIMER: This is not investment advice, do your own research.**

Thank you to the following people: Shaolin Fry Chris Belcher Shinobi Monkey Alphonse Pace Luke Dash Jr James Hilliard Samson Mow Rodolfo Novak Mr. Hodl Vortex Eric Lombrozo Francis Poilliot Ragnar Lifthasir Jimmy Song Pierre Rochard Hisham Fahmy Slush Charlie Lee Not grubles DanDarkPill Notable centralizers and opponents of UASF: Roger Ver Rick Falkvinge Jihan Wu Erik Voorhees Jeff Garzik Jon Matonis Emin Gun Sirer Mike Belshe Peter Smith Vinny Lingham Peter Rizun

SUBSCRIBEiTunes | Stitcher | Google Play | RSSGET OUR FREE FUNDAMENTALS REPORTA weekly report with all the fundamentals you hear about on the show. Stay informed, and it's free.SUPPORT THE SHOW!No Ads + Member Content on PATREONBTC or PayPal DONATEOur Big Page of Educational LinksNEWSETF insider comments https://www.zerohedge.com/news/2018-07-23/bitcoin-etf-nearly-certain-win-approval-later-year "90%" "waiting for ICO regulation along with it." I think it will happen. "through open doors to all color of products" altcoin ETFs and futures. Direxion https://cointelegraph.com/news/us-sec-delays-decision-on-direxion-bitcoin-etf-until-september Top Ten Crypto ETF filing https://www.coindesk.com/bitwise-proposes-etf-for-top-10-cryptos/ ETH parity newshttps://www.coindesk.com/ethereum-client-parity-drops-wallet-tech-in-major-upgrade/ Naval His claim was hodlers are free riders https://mises.org/library/solving-problem-free-riding Scammer Profile - Marshall Long https://bitcointalk.org/index.php?topic=1303147.0;all https://bitcointalk.org/index.php?topic=1690040.0 - FinalHash - owner of largest mining farm in NA -> largest host -> host -> consultant for corporate players. Basically a front for multiple scams - Betarigs - exited with lots of people trying to get their money back (Ahmed) - Hashers United - Paycoin (lots of evidence he conspired with Garza) - GAW selling/buying rigs for them - MAT - Crypsy as "interim-CTO" "CTO, co-founder" moving their operations to China - Stories of Chinese mining, "Mining Prince" - Mintsy - Long term Houston scam connection with Leo Iruke and Adrian Thomas - Money laundering - Penny stock pump and dump Austrian conversationshttps://www.youtube.com/watch?v=WwlaTJ8JVIQ JW: It was an inevitability that gold would lead to central banking.I made this argument 2 years ago. EP9 back in Jun 2016JW had a hilarious response, "We are on the third central bank of the US, right?" Walter Block: "Gold was money" "gov got rid of gold, they can get rid of bitcoin" "it's dependent on electricity. If there's no electricity, there will be no bitcoin." FOLLOW @AnselLindner | @btcmrkts | Instagram | Facebook THANK YOU LISTENERS!Huge list of episode sources Music by Joakim Karud and Shinobi Fountain**DISCLAIMER: This is not investment advice, do your own research.**

SUBSCRIBE iTunes | Stitcher | Google Play | RSSGET OUR REPORThttps://bitcoinandmarkets.com/reportSUPPORT THE SHOW! No Ads + Member Content on PATREON BTC or PayPal DONATENEW TO BITCOIN? Start herePRICES Price: $6717 | 1 finney: $0.67 Daily 200 SMA: $8917 Mayer Multiple: 0.75 Gold prices In general, I'm 5 year bullish, 20 year bearish 0.2 btc Range bound Above a long term support line back from 2009 through 2016 lows, 2017 lows Below $1375 resistance. Ascending triangle is usually bearish Central banks will go to a gold backed crypto. I'd expect range bound until sovereign debt crisis http://news.goldseek.com/GoldSeek/1531252121.php https://www.bloomberg.com/amp/news/articles/2018-07-16/banks-crypto-assets-may-get-hit-with-new-capital-requirements FUTURES Okex Futures: (Sep) $6742 (spread $25) CME Futures: (Jul) $6715 (Sep) $6725 (open interest 2,850 / 14,250 btc) Bitmex Futures: (Sep) $6714 (Dec) $6722SENTIMENT Longs / Shorts: 34,500 / 24,100 (1.44)MARKET Market Cap: $115 B Global Bitcoin MC: $271 B Maximalist Price: $15,800 On chain vol (24h): 1.2 mil btc ($8.2B) Avg tx val (24h): 5.52 btc ($37 k) Median tx Val (24h): 0.065 btc ($435) MINING Difficulty: est. -3.54% (last 3: 5%, 2%, 15%) Mining profitability: $0.34 THash/day Blockchain size: 206 GB Mempool: 3.5MB Median on chain fee: $0.14/tx https://medium.com/@jimmysong/mining-profitability-and-asicboost-ffdb779ef6ddDEVELOPMENT Merged PRs : 29 Closed issues : 22 LIGHTNING Capacity: 80 btc Channels: 9311 Nodes: 2789 Channels/node: 3.33 Cap/channel: Cap/node: Max channel capacity is 0.16 btc. Some guy that owns shitcoin.com a Bcasher maybe, has put in like 40 btc. It might be an attack, or used to FUD.TRENDS 12 Mo. : 9 /100 30days : 65 /100 Trend: Both these time periods are showing reduced interest again. Be careful for the effects of FUD. Overly bullish out there.FOLLOW @AnselLindner | @btcmrkts | Instagram | Facebook THANK YOU LISTENERS!Huge list of episode sources Music by Joakim Karud and ChinBeatz**DISCLAIMER: This is not investment advice, do your own research.**