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1101  Bitcoin / Bitcoin Discussion / Re: Everything you wanted to know about Grayscale BTC Trust but were afraid to ask! on: January 19, 2024, 07:17:10 PM
blackrock is at 28,622
grayscale is at 579,728
1102  Economy / Economics / Re: How will the BRICS currency influence Bitcoin? on: January 19, 2024, 03:11:51 PM
Look at the information on foreign economic transactions among the BRICS members, for the first half of 2023. China has been extremely active in promoting the yuan as a substitute for dollars, primarily to rogue countries that have problems with the dollar. And China offered them - let's trade for Yuan. We pay for your goods in Yuan. And we supply you with those goods that you cannot buy for dollars due to restrictions, and you will buy them for yuan.
..
Also the countries caught on this hook, bind themselves to the Yuan, because buying for Yuan is not only an exchange of bills for goods, it is also a restructuring of the banking system ... Also, China has repeatedly proposed to use the Yuan as a currency for mutual settlements within BRICS. China has proposed, not BRICS, let me clarify again Smiley China's excuse was that it has "the most powerful economy". So there are no contradictions in our dialog, as we are talking about different events !

this is where you are getting confused

this topic is about brics..
this topic is about the layout of brics economy
you can research it. the BIS(bank of international settlements) is heavily involved in it

china is not proposing a yuanisation of BRICS as a master single reserve currency.

..
side projects/individual contracts like BRI and trade deals with russia are loaned in yuan instead of dollar. but thats private contracts with china-russia

other side economics of russian sanction evasions where russia are using the yuan. much the same as paranoid bitcoiners use XMR. this does not mean XMR is going to replace bitcoin.. its just russia are using yuan as a stop-gap to do international trade outside the watchful gaze of the UN-US

the de-dollarisation is not the same as yuanisation
even china are not seeking to become a eastern world "one world currency" they have plans for individual CBDC per country with a barter/forex m-bridge in the middle


did you know that for decades western media were stupidly saying how chinas currency is all controlled via one app that has everyones life story and social media and medical history where everyone is rated and their accounts can be stopped for anti social behaviour by "tyrant china"

and that story is easily debunked by anyone going to a currency exchange kiosk and asking for yuan.. no registration or life story needed

..
im british and my ancestors as far back as i can research were. but even i can see passed the western media and look at real source info to realise china is not doing what western media portray

heck did you know there are more mexicans locked up in US detention camps than uyghurs in chinese camps
..
look passed the western media exaggerating the russia-china deals and private contracts of independent countries to some how be BRICS plans
and instead look at the actual BRICS plans
1103  Bitcoin / Bitcoin Discussion / Re: Mempool Observer Topic on: January 19, 2024, 02:21:04 PM
encourage/threaten??
they display fees changes, not sway/control/cause fee changes
1104  Economy / Economics / Re: Is the export of goods related to manufacturing capabilities or resources? on: January 19, 2024, 12:53:25 PM
its related mainly to COST of resources

if america has to import rare minerals and then use US labour cost to build products.. the costs are #x more then other countries
if china domestically has rare minerals and then use chinese labour cost to build products.. the costs are #x less then other countries

this then makes china the more popular source of finished goods because even if adding on shipping costs. its still cheaper then gathering rare minerals and adding labour to manufacture at the destination country demanding the product
1105  Other / Off-topic / Re: The existence of God? Prove by humanity? on: January 19, 2024, 07:05:28 AM
many people can be athiest. not believe in the cloud dwelling humanoid giant and instead just take moral thoughts from the scriptures produced over the millenia's, wrote by men

those that say they believe in god but then become vengeful thinking their negativity will be forgiven yet wont forgive others.. really miss the entire point

its not meant to be about just devoting your words to appease a cloud giant whilst then ripping off, scamming and harming others thinking a cloud giant will let you get away with it if you adore him enough

its meant to be about learning a moral path to follow even if you do/dont believe that a cloud giant exists

.. there is no cloud giant
1106  Economy / Economics / Re: JP Morgan Chase fights 45 billion hack attempts a day. on: January 19, 2024, 05:06:26 AM
45 billion hack attempts.. or

500 separate devices doing 1000 attempts a second

math
500,000/sec
30m a min
1.8b a hour
43.2b a day

is it really 43b hack attempts or just 500 separate bruteforce sessions
1107  Economy / Economics / Re: The world's logic favours income makers, not the savers on: January 19, 2024, 02:25:51 AM
savings.. is a big word

a. saving money as in "getting a discount"
although saving 10% is good. its a one time thing
EG $1000 = $900 = $100 one time free bonus to keep aswell as the product purchased

however investing $1000 in a 10% high yield investment is not just a one time $100 free bonus to keep
next year $1100= $110 which is a total of $210 free bonus from that initial $1000
next year $1210= $121 which is a total of $331 free bonus from that initial $1000

b. saving money as in "under the matress" "standard bank account savings"
although saving a couple months of emergency funds is good to stop you relying on credit cards that cost you 5%-90% APR
so its good in that respect if you did use credit cards but want to escape those APR losses

however that $1000 if left untouched wont earn much interest to then get you the same allotment of goods in 5 years time
EG $1000 might get you 400 loaves of bread today ($2.50 each)
inflation at ~4% mean
next year one loaf=$2.60 meaning $1000 gets you 384 loaves not 400
following year one loaf=$2.70 meaning $1000 gets you 370 loaves not 400

however investing $1000 in a 10% high yield investment is not just a one time $100 free bonus to keep
next year $1100= 423loaves even at $2.60. or if kept and invested another year
next year $1210= 448loaves even at $2.70.

..
then we come to even better investments. like strong cryptos like bitcoin
the average rate(start of year A - end of year B)
2010-2012 ($0.10-$15) = 150x in 2 years = 75x (7500%) per year
2012-2016 ($15-$900) = 50x in 4 years = 12.5x (1250%) per year
2016-2020 ($750-$24k) = 32x in 4 years = 8x (800%) per year

which is way better then 10% stocks performance average.. and way better then standard account 0-5% inflation loss/average
1108  Economy / Economics / Re: China's real-estate sector is NOT doing well, it might bring whole economy down on: January 19, 2024, 01:51:40 AM
funny how you dont realise how the demograph that are in the "settled, married ready to have kids" age range.. are the 27yo+
meaning born in mid/late 90's and brought up  as millennials indoctrinated that when they become adults they will only have 1 kid

Lol, so you don't see the slippery slope here?
If those got indoctrinated like this how are the kids nowadays not be indoctrinated since everyone around still has just 1 kid despite the laws not stopping them?

the 2 child policy came out in 2016
the 3 child policy came out in 2021

so the kids indocrinated with 2 child policy. are the ones who have the "sex education" chats at school about family planning
this "sex education" is like 8yo-14yo age range

so if someone was 14 in 2016.. guess what age they are now.. yep 24.. but.. the average age a women starts settling down to have first child is 27
so even the earliest 2 child policy educated child wont be popping out double kids on average for another 3 years

so if someone was 14 in 2021.. guess what age they are now.. yep 17.. but.. the average age a women starts settling down to have first child is 27
so even the earliest 3 child policy educated child wont be popping out triple kids on average for another 10 years

get it yet
this was my point to windfury. he thinks 14yo in 2016 were going to instantly pop out twins on their 15th birthday.. and you too seem to not get the context of understanding data, so you too question "were are all the rise in birth rates" to 2-3 kids


as for your continued use of the X birth per 1000 populous
did you know that the impractical use of that is what makes you look silly
with that 1000 number, it includes old women(infertile), men of all ages, fertile but not settled young adult female. female kids
it warps the numbers to alter the real numbers hidden within of actual births per mother

heck here is one thing even your links highlight..
the disparity of male vs females

the male population was 720.32 million, and the female population was 689.35 million
more men per populous
however even this simplification is not justified explanation. because there is further muffling of numbers to create fake narrative
such as how women outlive men. whereby there are more elderly(not fertile) woman compared to male equivalent, which morths the numbers per populus of the actual women whom are in the settling down to start family demograph


i feel you and windy just got upset that i compared US problems and you didnt like how i disparaged USA and so without thinking you just grabbed the first detail you could find that showed a negative number without understanding how it relates to the understanding, meaning, context of real world causality of the numbers you promote

heck you even doubled down about overall population decline..
um yea. guess you forgot about covid and old people dying.. totally unassociated with fertile women of the age range settling down to start a family, yet again

so here we are again
of just the women without your silly extra added data to muffle the numbers. the birth rate per year is increasing
just not at the rate real estate developers hoped for 2016+
women are still in the 1.6-1.7 children per mother stage not YET the 2.4+ rate the real estate developers were hoping for a birth/real estate boom 2016+


...
by the way i am using data from females born in the 80's,90's millenia to explain why the number did not boom to 2.4+ in 2016
by the way i am using data from females born in the millenia, 10's to explain why the number is not yet ready to boom to 2.4+ yet
by the way i am using data from females born in the 90's millenia, to explain why the number is still rising in the 1.6-1.7 rate


its you that has muffled the numbers, not expressed understanding of the numbers and then used silly numbers to just promote "china bad US not so much"

now with me explaining the CONTEXT of why there is no sudden boom of families wanting 2-3 bedrooms this decade, so real estate jumped the gun in the last few years.. the amount that china's government need to give loans/grants/compensation to stabalise the real estate market is actually small incomparison to % of GDP
unlike the US housing to % of GDP the US is spending
1109  Alternate cryptocurrencies / Altcoin Discussion / Re: Instant Bitcoin on: January 19, 2024, 12:13:41 AM
even instant isnt instant

when verifying and collating transactions even by the block template creator it takes portions of a second.
to then hash a block id is portions of a second
to then broadcast a hashed block to peers is portions of a second

lets just imagine it as 0.1second per portion. and for demo sake its 0.4seconds per block from unconfirmed tx to peer seeing confirmed in block

meaning each full block takes 0.4seconds

now imagine a nefarious miner just hashes EMPTY BLOCKS (a 0.1second task) and then after X blocks he then broadcasts all of his blocks to orphan and replace the genuine chain
now the nefarious miner can control the blockchain at 4x rate to genuine blockchain users

the nefarious user can go back 4 blocks and empty block them faster then the genuine blockchain can create one new filled block

as with exponential numbers

a nefarious miner can go back 12 blocks in less time then genuine users can fill 3 blocks
a nefarious miner can go back 200 blocks in less time then genuine users can fill 50 blocks
1110  Other / Off-topic / Re: The existence of God? Prove by humanity? on: January 18, 2024, 11:51:23 PM
proving god is some cloud dwelling jack and the beanstalk giant.. never gonna happen

proving everything in existence comes from the base of energy waves.. and some can call energy waves god, the creation of everything. sure
infact the unconscious thoughts in the back of your head that tell your heart to keep beating is just energy
infact the unconscious thoughts in the back of your head that tell you not to hit someone is just energy
infact the unconscious thoughts in the back of your head that tell you to not put your hand in the flame, is just energy
1111  Economy / Economics / Re: Useful side hustles to sponsor a BTC investment dream. on: January 18, 2024, 11:29:02 PM
Making $500+/day with digital marketing? Its impressive, but not easy. Strategy, consistency, and hard effort matter. Consider it a marathon, not a sprint; patience and persistence lead to victory. Your skill level and hours will determine whether $150/day is a good Virtual Assistant work. Better service increases demand. The market operates that way.

Reviewing music and watching adverts is next. $200 and $100 each day are tempting, but they're not the keys to Bitcoin wealth.

multiply the "per day" rate by 260 to get yearly amount. then compare it to real jobs of same title
(260= 5 days *52 weeks)

$100 a day = $26k a year

US min wage is $15/h *40hours *52weeks = $31.2k
so its below minimum wage if you were doing it as a salary job
1112  Economy / Economics / Re: Thoughts on service-for-asset exchange model. on: January 18, 2024, 09:44:31 PM
How would you pitch something like this to let's say a property management company if you offered general contracting services?
For example you'll renovate a house in exchange for a property/land parcel they own. Or a vehicle.in exchange to paint a dealership.
Or give service for equity/stake in a company. The possibilities are kinda limitless.
This would be done in an official capacity. Not sole proprietor.


bartering has been around for eons
in the past it never really works well with national chains, because their accounts department need to trace all transactions for tax. so end up having to set up contracts and such, meaning in-showroom supervisors have no decision making privileges of the product prices vs sweat equity/labour
 it works best with sole proprietors. because sole proprietors own the business so can judge the value of labour.

if you were to pitch it.. find out who in the business is the decision maker and set up a meeting with them

EG a car dealership would be the franchise owner not the in-showroom supervisor
1113  Economy / Economics / Re: girl math vs boy math on: January 18, 2024, 03:49:23 PM
How could anybody not think that it is not an attack on gender when you are creating labels based on gender? Is it not an attack on gender when you are classifying an otherwise neutral mathematics into girl math and boy math and that the former is associated with squandering, impulsive buying, being shallow, high time preference, and so on while the latter is all about being wise, mature, and so forth?

oh my god i mention girl and suddenly it must be an attack....... um..nope
i did not brand/label 'girl math' as 'girl math'... females did.

just treat it as a brand of a economic philosophy that just happens to mention the G word. and you will notice the topic is about economic philosophies
stop crying because i said the word girl and instead treat it as a brand name of a economic philosophy instead of getting triggered by the word girl and thinking it must be a gender attack because it mentions a gender

remember this is a ECONOMICS category
discuss the economic philosophy. dont get triggered because someone mentions a gender

when you start devolving communication into "lets avoid a topic and instead turn it into a gender argument" you are not going to win any debate, you are just avoiding the discussion

this topic in economic category is about the economic philosophy being shared, not the brand name.
dont blame me for the G word in the brand. i didnt invent it.

Would make more sense if you did boomers vs millennials to be honest.

would make even more sense if people understood the context and content are of 2 different economic philosophies instead of only talking about how a brand name mentions G and then avoid the economic topic to cry how the brand (i had no involvement in inventing) should be rebranded to B(oomers)
knowing all that would do is just still ignore the economic discussion just to scream and cry how its then age-ist.

how about not get triggered by the label as the excuse to avoid talking about the economics

its the same silly mindset as
i wanted to highlight a bitcoin bug in 2016 that would allow junk data be added to block without majority node requirement to validate each byte of data. leading to a scenario where junk can be added in large lumps.... (fast forward to 2022 where ordinal junk shown what my warning was about)

rewind to 2016-2022 just mentioning the flaw over the years, people ignored the flaw discussion and just cried how i mentioned the devs names involved in allowing the bug and instead of seeing the real issue that effects bitcoiners.. they instead just wanted to kiss ass and woke play their admiration of devs as gods that should be defended.. ignoring the bug that needed to be sorted
oh well. when idiots rather want to ass kiss a group rather then discuss the content.. its on them
1114  Bitcoin / Bitcoin Discussion / Re: It's official Bitcoin ETF approved on: January 18, 2024, 01:07:55 PM
Wow, Blackrock's on the list? That's got to be the weirdest thing that I've ever seen, didn't they have a phobia of bitcoin? Didn't they famously said that bitcoin is a tool only useful for money laundering?  You really can't trust a businessman, not in your lifetime, they just really have a way with their words.

alot of wheat commodity traders think organic natural wheat is the plague seed. and only their patented GMO wheat seed is worthy
so its not a new mindset of crypto, trade-fi has same idiots too
1115  Bitcoin / Bitcoin Discussion / Re: It's official Bitcoin ETF approved on: January 18, 2024, 12:56:11 PM
for those that are interested
coins locked to ETF's (at previous day to post)

ARK 21Shares (ARKB) : 6544btc
Bitwise (BITB) : 8309btc
BlackRock Inc (IBIT) : 25067.06btc
Fidelity Investments (FBTC) : 10,000btc
Franklin Templeton (EZBC) : 1160btc
Grayscale Investments ($GBTC) : 591,947btc
Hashdex (DEFI) : 400btc
Invesco Galaxy (BTCO) : 3200btc
Valkyrie (BRRR) : 1457btc
VanEck (HODL) : 2000btc
WisdomTree (BTCW) : 75btc
1116  Bitcoin / Bitcoin Discussion / Re: Everything you wanted to know about Grayscale BTC Trust but were afraid to ask! on: January 18, 2024, 10:16:52 AM
update (18th edited about results of end of day of 17th)
Grayscale Investments ($GBTC) : 591,947btc
BlackRock Inc (IBIT) : 25,067.06btc
Fidelity Investments (FBTC) : 10,000btc
Bitwise (BITB) : 8,309btc
ARK 21Shares (ARKB) : 6,544btc
Invesco Galaxy (BTCO) : 3,200btc
VanEck (HODL) : 2,000btc
Valkyrie (BRRR) : 1,457btc
Franklin Templeton (EZBC) : 1,160btc
Hashdex (DEFI) : 400btc
WisdomTree (BTCW) : 75btc

total: 650,159~

majority is shifted from grayscale that was at something like 637k btc in 2023(from memory). and now down to 591k
1117  Economy / Economics / Re: China's real-estate sector is NOT doing well, it might bring whole economy down on: January 18, 2024, 09:44:31 AM
i still laugh
funny how you use "the guardian"


funny how you ignore things like how covid meant that new relationships are not forming to have their first kid
funny how you ignore all context

funny how instead of now quoting births per female. you are instead using births per population

funny how you dont realise how the demograph that are in the "settled, married ready to have kids" age range.. are the 27yo+
meaning born in mid/late 90's and brought up  as millennials indoctrinated that when they become adults they will only have 1 kid

women become infertile or not really family planning after 40
meaning born early 1980's
their parents would have had many kids but their kids(80's kids) indoctrinated to grow up with one kid

you need to look at the full context
did you know that in the 1980s (83-88) there was a mini boom of births per 1000 that went from 21-24
meaning 14% more females born in 1988 compared to 1983
this results those females growing up to ~30yo-35yo in 2018-2023 outpaced the single digit decline because there was a double digit increase in the age group of females ready to have a family

this explains the fertility rate of 2020-2023 i mentioned a few posts ago. and this (its not a projection)


im using stats from source. you are using western media conclusions based on eastern media conclusions without understanding the underlying data

..
the real estate market in 2016-2021+ took the relaxation of "one child policy" to pre-build homes thinking there would be instant baby booms.. but they didnt take things(like you) into context of WHEN a action causes a reaction to a demography

you really need to take the source numbers involving actual females of family planning age(27-40) and historical data of THEIR rates when THEY were born. to the extrapolate why there was female to child rates that went up in recent years.. to explain the current situation ..

..
as for the future.
the females that are going to have 2-3 kids are still college age or yoounger so not settling down yet

sidenote:
dont use [births per male-incels+old people+infertile women+kids]+fertile women as the numbers wont correspond to nature of the female demograph family planning, and is instead [warped] by the other demographs
1118  Economy / Economics / Re: MicroStrategy (MSTR) as a GBTC alternative on: January 18, 2024, 07:00:08 AM
im not talking about the bitcoin side.. im talking about the functional business of microstrategies..
the functional business of microstrategies is under performing compared to its competitors. and if it got into trouble would then need to liquidate bitcoins to prop up the functional business (pay salaries and leases)

But their massive BTC stack wouldn't make that a big deal isn't it? we have Saylor selling 5000 shares everyday until april so we are going to see what that does to the price. So far the premium plummeted to the point it was negative and today it was interesting as MSTR surged 3.8% or so while BTC was struggling, miners did as well underperform. So perhaps the equilibrium has been reached. I doubt anyone holding MSTR now wants to sell for ETF, they already did, so that may be priced out. If MSTR can continue to deliver a cool 1.25-1.5% premium on BTC performance the stock will continue to be desirable for those that want some leverage in BTC. Of course the business side has to be taken care of. According to Adam Back Saylor is doing good. And if we compare ETF to MSTR im not sure what's safer. I trust Saylor more than these guys as a custodian. Mostly because Saylor has his own stack so he knows what he's doing.

saylor is exiting his SHARE holdings of microstrategy. to then get out and then go solo and purchase BTC OUTSIDE of microstrategy
the separate solo BTC saylor is buying is not going to be collateralised into micro strategy

..
and although microstrategy does have some btc within the company as collateral. its still not a bitcoin business.. and its actual business operations can fail and cause share holder problems(forcing them to sell btc to keep company afloat which can be a downward spiral)
and i would not take advice from adam back for multiple reasons.

ETF are 100% pegged to btc. so ETF shares are 100% operationally exposed to bitcoins price and should match daily(bar the fee)

however both micro and ETF's are not allowing users to direct hold/have access to BTC by being a share holder.

..
another thing to note.
lets use Microstrategies january peak of 699.51
lets use bitcoins january peak of 46995.1

that puts MS at a 67.18 MS share peg to 1btc

however within a fortnight. the peg does not remain
lets use Microstrategies price of 488.30 today
lets use bitcoins january price of 42585.60 today

that puts MS at a 87.21 MS share peg to 1btc

thats a peg drop of 29.81% in a fortnight
thus is a show that microstrategy dropped away from bitcoin by 29%
and this aint the last time microstrategy can depeg further, especially if its actual business takes a hit for many reasons


...
wit that said, if i trusted MS the numbers show the share price is undervalued vs assets
Micro strategy supposedly has over 180,000btc ( x $42500=$7,650,000,000 assets)
microstrategy has a float of shares of 12.64M ( x488.30 = $6,172,112,000 share cap value)
so is showing to have assets of $7.6bill but share value of $6.17bill
where by the shares compared to suggested asset value(189k btc) should be ~$635/share+
1119  Bitcoin / Bitcoin Discussion / Re: Mempool Observer Topic on: January 17, 2024, 11:55:24 PM
they will run out of funds if you are correct.

I hope you are.

they spend $2.50 per mint of 1000json scam numbers per 'ticker'. if they sucker idiots to buy 1 json scam unit for $5 on binance. they can scam $5000 per json scam 'ticker'. $2.50 cost $5k scammed meaning x2000 there scam attempts

in short we need to dry up their victim list. get people to stop buying the json scam units. then they have no income to spend to scam the next json 'ticker" junk name

.. just looked, their newest scam junk json thing seems to be like trading cards. tickers with character attributes [spieces, size,weight,wealth,wisdom]
https://ordiscan.com/inscription/56115969
i thing the 'ordi ticker' scam dried up so now offering new digital trading card scam

..
i was hoping they would have stopped last year because there are only so many 'rare sats'
1120  Other / Off-topic / Re: I need help with making Time feel “slower” on: January 17, 2024, 11:42:39 PM
if you set one goal for the day with no deadline, time passes without checking. most work slower but the brain doesnt later remember that and jsut remember a hours worth of work started at 9am and complete at evening so felt like 8 hours passed in 1 hour

the trick is to set mini jobs with small scedules so you fit in lots of activity so that it feels like you done alot of work generating alot of memories in smallet allotments of time

EG half hour schedules
by doing 16 time allotted tasks where you check clock every 10 minutes all adds up to feel time moves by by the minute

by doing 2 tasks a day unchecked you feel like day passed where not much was done and so feels like it went passed quick

its why school kids feel like a week is a long time.. and adults feel like a year is a short time
because kids have classes every hour and adults just count in days

EG
2 hour home movie watching zooms passed
compared to
2 hour date
10min in shower, 10min dry/deoderant, 10min dress, 10min travel, 10min greet date, 10min wait for table
5min decide on meal, 15min wait for food. 30min eat and chat, 10min kiss and travel home

the date feels more indepth, memorable. good use of time, enjoy every minute, time went slower
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