Expect? No I didn't but at the same time I was well aware of the massive potential of bitcoin to see a big jump as I talked about it recently here. This is not even as big as a jump as I expected though, we still have a long way to go to reach a more realistic bitcoin price.

In my opinion the biggest threat that United States poses to Bitcoin is not through centralized services (that's not new anyways), the biggest threat is to the network itself through 3 things: (1) miners (2) nodes (3) developers.
We've already seen their actions in (1) and (3) like the shenanigans of MARA pool and bringing in bitcoin developers to CIA headquarters for questioning and god knows what else! I still don't know of any case where they tried getting to nodes, specially since a lot of them are running on centralized servers such as Amazon and other remote servers in EU that US can easily influence/exert its power.

So although warning individuals about using centralized KYCed crap services is good and we should continue doing that but I believe the more important concern should be the 3 points above, specially the hashrate that has been growing in US or more importantly any mining pool that is geographically located in a place where US can control (US mainland and colonies).

These two lines show the degree of stupidity in the video you are sharing here and its FUD. I'm not sure it is worth spending any time watching it though.

Here is the problem with this assumption, unlike a lot of things Bitcoin is decentralized and US regime does not and can not control it or own any major share of it. If they start this plan the way it is being assumed here, other countries can also buy up bitcoin and strengthen their shitty fiat similar to the dollar. Which means it won't work.

Besides, US dollar is already printed so much that even $1 million+ bitcoin value can not cover it enough to save it from demise in the long run. After all the trillion dollar oil industry with Petrodollar could not do it, why should the much smaller and more diversified bitcoin market do?

---

P.S. If US regime wanted to save the dollar they would have to find something they fully control, like a new centralized shitgovcoin a CBDC so to speak and actually in the past couple of months there has been talks of creating a garbage like that....
I don't know how effective that would be but that is the route they'll take not bitcoin which they can never control.

Using the ongoing genocide of Palestinians to rip people off has to be a new low. Besides, money is not going to help Palestinians who are placed in a prison called Gaza that is surrounded on all sides by the terrorists who bomb them day and night with their US donated fighter jets and bombs.

Usually in this type of scam, the scammer places some funds in those addresses to give the gullible fools a false sense of legitimacy hoping they fall for it easier.

Think about it this way, why can't we brute force a base58 encoded private key aka a WIF? After all each character in a WIF is selected from a list of only 58 characters which is smaller than 2048! That's because we don't select chars from the 58 char long list, base58 is just an encoding and the security comes from the size of the data or the entropy it is encoding.
BIP39 is exactly the same. We don't select works from a small list of 2048 words, we are encoding a much bigger data/entropy that is not possible to brute force.

Checksums in most algorithms including BIP39 are there to ensure data integrity not validation. In other words it ensures that the words you entered don't contain a mistake like wrong word or wrong order.

It's slightly more complicated than that. It is true that the increasing interest rates prevents other markets (including bitcoin) from rising but it is a rule. For example the reason why it did this time was because the increasing interest rates first caused recession which means people don't have any money to invest and they also need to liquidate their assets to cover the cost of living they can no longer cover through other means. And second it created an alternative investment option for people to take their money there (the government bonds) to get a decent amount of "interest" out of it.

Here are the exceptions to that rule:
- Increasing interest rate at some point will stop being able to deepen the recession. So we may see increasing interest rate while recession is just as terrible as it gets!
- At some point people would stop trusting the government putting its hand in their pocket and would not be interested in buying those bonds as much as they are interested in buying other stuff. Which means other markets would see capital returning to them.
- There is also inflation that is happening alongside all of this and inflation causes price of everything to go up (that includes bitcoin) which means even with increasing interest rates we are bound to see bitcoin price go up at some point.

The situation in US is the result of a series of bad decisions some of which date back at least 4 decades.
Translated into Bitcoin World, imagine someone who has gotten used to shorting bitcoin because price has been dropping for a long time. But that trend is going to change at some point and when it does if that person can not see the change or refuses to accept the change and continues to short bitcoin while price keeps going up, they continue losing their money.

I've been talking about this a lot lately "rules who refuse to accept the world has changed will pay the price". US regime doesn't want to accept that not only it is not the super power of the world but also the regime doesn't want to accept that it is considered a pariah state by the rest of the world.

For example they think they can bring their aircraft carrier group and scare people in the countries they still occupy into remaining silent when US military steals their oil. But the reality is what's been happening over the past year, US military is being attacked by those people and they can't even defend themselves.
 
Now we can start to understand one of the reasons why US started "releasing" its strategic reserves.
For example the 300,000+ bpd they were stealing from Syria is now at about 50,000 bpd and the little they steal is usually attacked and destroyed before they can get it out. This is one of the reasons why US faced an increasing deficit and had to release the reserves to cover it (I believe it was 4.4 million barrels released per day) and they can only do that for about 4 months.
Of course there are other reasons too but this one is usually overlooked which is why I expanded on it.

US is the biggest oil consumer in the world (more than 20 million barrels per day) and the entire extractable oil the have is only sufficient to cover a little more than 4 years of this kind of consumption. They are also extracting as much as they can and the more you extract, it would make it harder to extract the remainder so the production is expected to fall at some point in the future too.
They already have a big deficit too (between 8 to 10 million bpd) which they cover with imports. When the oil producers like Saudi produce less, when the amount of oil they steal decreases, etc. that deficit grows so they have to release their reserves...

You are right and I said I wouldn't read too much into the threat itself. The point for including it here was to mention one of the indications of the rising tensions in the oil rich region that is going to affect the oil price and consequently everything else, which is the subject we discuss here.
As for the threat itself, it was a necessity because a terrorist organization that owns weapons of mass destruction needs to be reminded that legitimate countries do too.

You do know that Arabs are Semites too, right?

Your desperation is amusing
You think US regime could magically refill the strategic supplies in a world with a much higher oil demand than the supply over the past year and your whole argument is that the link I posted was old lol. The only thing that has changed from the time of that article to today is that US has released more of its strategic supply and the global supply has decreased more...

Here is another article from this month:
https://www.politico.com/news/2023/10/16/biden-oil-reserve-fuels-00121298
It even has some data with a chart that your desperate mind can fathom easier. BTW the source of the data is a .gov site or in other words it is an official data released by the US government and it is up to date:



Now go back and read this "old" article again:
https://www.reuters.com/business/energy/us-energy-secretary-says-it-could-take-years-refill-oil-reserve-2023-03-23/
While looking at the official data from United States Energy Information Administration:
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCSSTUS1&f=W
And see that you were right without even knowing when you said the article is old, US strategic supplies has decreased by another 30 million barrels ever since that article

After you did that, go back and read your own post again, you were more right than you can imagine: "it is pointless to try to manipulate and twist events through wishful thinking" LOL

If you had said one thing right in your life, this one is it. Facts remain facts whether you like them or not

---cough---Zolfaghar-class missile boats---cough----

I'm not so sure we can see any support whatsoever!
For example in the ongoing conflict the only thing Saudi regime sent Gaza was bodybags! that has angered a lot of Arabs over the past week. They haven't even accepted the oil embargo on the apartheid regime which angered Arabs even more!

Since I'm not familiar with LN at a technical level I can't comment on the technical matter, however I would like to remind everyone that this is not the first time someone acts like this.
There have been a couple of them in the short time Bitcoin has existed like Mike Hearn, one of the main Bitcoin developers who basically called bitcoin dead as he left the project back in 2016 while referring to Bitcoin as "a failed experiment". We are 7 years later and Bitcoin is going even stronger.

From Jan 14, 2016

Wrong.
Bitcoin is a currency and in the sense of its trading volume it is like any other currency. What you said is like saying that "Yuan is supported by USD bank liquidity just because there is a USD/CNY pair in Forex market".

It is rising with increasing doubts about the reliability of the banking system. The reason why you aren't seeing it is because you think everything is summarized in bitcoin's price! Whereas the adoption is still increasing every day even if the manipulated market because of the deepening recession in US isn't showing it.

FWIW even if you change all the algorithms used to create the mnemonic to work with a much bigger entropy (eg. 2048 bit) with using the much bigger word list; in the end when you derive private keys from that entropy, those keys are still going to provide you with only 128-bits of security

The world has been chaotic ever since 2020 when the pandemic started and it has only gotten more chaotic. It is the characteristics of a changing World Order so it is good to speculate about these things and be cautious about what you do, financially speaking.

As for bitcoin, I don't think it is directly affected by conflict or chaos. Instead bitcoin price is affected by inflation and recession that is affected by many things including the conflicts. The inflation effect is positive while recession is negative, as we learned from the past couple of years (the biggest dumps occurred because of the past 2 recessions).

Any relations with the Joeyp account because your behavior is just as odd. Coming up with something very arbitrary that obviously has no effects on bitcoin (or is not even related) then trying to tie it with some imaginary "crash" that warrants shorting bitcoin!

Copycat coins aka shitcoins have existed for ever and they are not affecting bitcoin price in any way. They are just garbage people like to bet on when they want to lose money!

Racism in United States is very different in any other country. USA is an artificial country where 99.99% of the population is immigrants and most of them think only others are immigrants while they are "true" "red blooded American". Which is actually funny if you think about it.
This has always created "conflicts" among different groups and minorities like people of color have always been the target of all groups.
Statistically speaking when it comes to US law enforcement, they tend to be "extra brutal" towards the minorities...

When metals are chosen, a metal sheet is used which can be as thin as 2-3 mm. Stamping them at home with a metal stamp tool like the picture below is very easy. These things have hardened tips that can easily indent the sheets with a small tap of a hammer.

Tell that to the black people in United States (supposedly "not a dictatorship") that are regularly harassed and murdered for no reason by the brutal US police just because of their "looks"

I should add that I don't deny the need for protecting your privacy specially on the internet where the biggest privacy invading organization is the United States Military (ie. NSA) which is actively invading your every move. But you can't deny that in the eyes of a privacy invading regime, anybody who makes their invasion harder is doing something wrong! They may even go as far as calling it "breaking the law"...

The price is slowly rising and has already touched $30k again which shows the potential for the rise but unfortunately I think the world is currently too chaotic to be able to predict anything

For example we already have a huge tension in the oil rich region of the world which is West Asia. The Palestinians are going to fight the occupiers possibly for a total of 55 days so that would mean till December 1. This is why I voted for Jan next year.
During that time we can see a wild energy market with possibly big swings (oil is already on the rise) that will affect the inflation and in turn affects the bitcoin market positively, which means it would help price go up.
As it is right now.

This would also affect the gold market which could restart other markets as investors start to come back and invest in gold and by extension in bitcoin. Which is again positive.
In other words it eliminates investors "shyness" and "uncertainty"!

However, with inflation rising we could see another wave of idiotic interest rate rises that would not only worsen the recession but also it sweeps all the money from other markets like a vacuum. This is the only negative scenario I predict that can affect bitcoin price negatively.

BTW I consider other things like ETF to be smaller news that could only act as catalysts not to mention that I don't think it is going to be approved in US anytime soon...

The Parliament of Pakistan just threatened the apartheid Zionist regime occupying Palestine with a nuclear strike. They basically threatened that if the war crimes against civilians doesn't end soon, they will use their nukes!

I don't want to read too much into this but it is a good indication of the growing global anger that's forming towards the Zionists and the more children the Zionists murder the higher the tensions in the most resource filled region of the world is going to go. Many countries have already kicked them out, some burnt the regime's embassies.

Some are already speculating another rise in the oil market.

How about you try and use some real numbers and facts instead of saying random stuff, and using terms like "rogue countries" isn't proving your point the way you hope it does LOL although I agree that the rogue regime in Washington has started the 2 ongoing proxy wars with the East.

Back to the points. US strategic oil reserves are currently at the lowest ever since 1983 and it would take them years of mass imports to be able to fill it up again.
US oil is also a very heavy oil that is extremely difficult to extract and even harder to refine. Hence the high cost. This is exactly why US has always been invading oil rich countries murdering millions to steal their oil!
https://www.reuters.com/business/energy/us-energy-secretary-says-it-could-take-years-refill-oil-reserve-2023-03-23/

I already debunked this in the post you quoted without reading
Here is with some numbers:
From the ATH to today Venezuela's oil production has decreased by about 2.5 million bpd.
Saudi Arabia alone, in the past year+ has reduced production by 3 million bpd.
So right there alone there is a 0.5 million bpd deficit even if they can bring the production up to the ATH which is unlikely!
OPEC+ countries combined have reduced production more than that (so the actual deficit is actually higher than 0.5 million bpd) and they plan on reducing it more.
https://www.statista.com/statistics/265185/oil-production-in-venezuela-in-barrels-per-day/

Also Venezuela oil is similar to US oil, heavy, hard to extract and refine...

You mean because of the economic war and coups the "rogue regime in Washington" imposed on the country.

Now I'm sure you didn't read anything in my comment you quoted specifically about the sanctions that were never removed to actually let the quality of life improve after people get their stolen money back from the thieves in Washington! And more importantly after they are allowed to go back to international trading with other countries that was and still is prevented by US and will continue being prevented by US even if they install their puppet in office.

US just wants their oil to desperately try and fix its own economy. Nothing is going to change in Venezuela with or without Maduro.
The sanctions haven't even been removed on the oil sector, since they are only allowed to hand over their oil to US not anybody they like. For example US does not allow Venezuela to sell their oil to India or China
Even if they sell their oil to US they still won't receive the money because it will go to US banks and remain there with US deciding whether they like to give a tiny portion of their own money back or not!