Path: ...!weretis.net!feeder8.news.weretis.net!reader5.news.weretis.net!news.solani.org!.POSTED!not-for-mail From: Mild Shock Newsgroups: sci.physics.relativity Subject: BTC net is restructuring over time (Re: China doesn't have some BTC) Date: Sat, 8 Mar 2025 11:12:10 +0100 Message-ID: References: MIME-Version: 1.0 Content-Type: text/plain; charset=UTF-8; format=flowed Content-Transfer-Encoding: 8bit Injection-Date: Sat, 8 Mar 2025 10:12:08 -0000 (UTC) Injection-Info: solani.org; logging-data="1289757"; mail-complaints-to="abuse@news.solani.org" User-Agent: Mozilla/5.0 (Windows NT 10.0; Win64; x64; rv:128.0) Gecko/20100101 Firefox/128.0 SeaMonkey/2.53.20 Cancel-Lock: sha1:EbcHqRK0ugvrOIClmgmEhcSx8Ic= In-Reply-To: X-User-ID: eJwNyUkBACAIBMBK3ItxBLF/BJ3vuAZHw8LD/PqVZTzrHNER6mZF7yxXASais2pnsMlfy792FQMq8nVAyg8+5xRr Bytes: 3088 Lines: 79 Hi, Some BTC net restructuring seen. This is constantly happening. Data center providers can afford to have a turn over of their infrastructure. Applies also to data centers that have a share of BTC nodes. The same web site shows me: Pv4: -2.6% / IPv6: -7.1% / .onion: +2.4% https://bitnodes.io/ Don't know what the scale is, over one year? Also don't know what the implications are for the life time of BTC. My speculation it will go to 30'000.- USD or 3'000.- USD. On the trading side via captial rotation. On the infrastructure side, by simply abandoning BTC nodes. Many hard core Bitcoiners ignore that this continuious restructuring is part of the BTC infrastructure, and if it follows economic principles, it might quite well get rid of BTC nodes all together, like an automatic garbage collection. Bye Mild Shock schrieb: > Hi, > > China doesn't have some BTC. At least > offcially they only have like 145 BTC nodes. > Not counting the dark net, country unassigned > > nodes, which has most of the BTC nodes. > The most official nodes are still split > between USA and Germany: > > 1    n/a    13937 (65.80%) > 2    United States    2073 (9.79%) > 3    Germany    1205 (5.69%) > https://bitnodes.io/ > > So how will USA use the strategic BTC reserve > to trade with China. Oops, my bad, they don't > want to trade with Chian, tariffs. > > Ok, got it... > > Bye > > BTW: Bitcoin currently 86'000.- USD. My speculation > it will go to 30'000.- USD or 3'000.- USD, which > makes it not a good reserve. > > Mild Shock schrieb: >> Hi, >> >> Interesting erosion of Bitcoin prices, and >> all other cryptos including Ethereum and Altcoins. >> >> On 21.02.2025 it went to 99'000 USD, >> and 10 hours later it was at 95'000 USD. >> https://coinmarketcap.com/currencies/bitcoin/ >> >> A Bybit Hack stole some Cold Wallet funds! Maybe >> they should change their name to Bye Bye Bit, >> >> and relocate from Dubai to Pyongyang!? >> >> LoL >> >> Bye >