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2023-06-03
Episode #361  ·  2023-06-03

The Bitcoin Group #361 - Sluggish - Google Cloud Lightning - Pulsechain - FTX - Regulation

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BTC close — 2023-06-03
$27,125
+7 days — 2023-06-10
$25,938
7-day change
-4.38%
Direction
DOWN

Panel calls

Dan Eveheard as “Dan Eve”
UNCLEAR
?
Dan Eve will the price of Bitcoin be higher or lower this time next week? I'm just going to add one small thing to add because I don't check it very often. In fact, I seem to just check it once a week. But going back on ignoring the price thing, the average hash rate over the last 24 hours is 392.18 exa-hashes, which is within a spitting distance of all time high. So the network is there, it's growing, it's solid. And Bitcoin difficulty is literally right now at all time high at 51.234 trillion. So whilst it goes up, it goes down again. We see this day and day out, the infrastructure keeps on
Adam Meisterheard as “Adam McBride”
DOWN
Adam McBride higher or lower
Josh Scigalaheard as “Josh”
UP
Josh Tegala is it going higher or lower? And of course, the best answer is to say both. Yeah, well, it's absolutely doing both. No, I do believe it'll go higher purely fundamentally because we have Hong Kong now coming back online after their regular regulators decided it's okay for people to invest in mathematics again. It's excellent. They've legalized math. Now here we go. Will the price be

Locator cue: will the price of bitcoin be higher. Generated from auto-transcribed text — call parsing may miss panelists when the host doesn’t name them or when Whisper mistranscribes badly. See the index for methodology notes.