Honestly, I'm not a fan of numbers and calculations,
Honestly, you're just a spammer for that shitty website along you're alts that have filled my report card last days! Everyone!Stop replying to such spammy topics and report them the moment you see anyone linking to asicfinder(dot)com, they just spam the forum with the same topics where they pose as wanna-be miners when their whole agenda is promoting that website! |
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What do you think can be done in such cases, and what would you do on a personal level? Move out, stick to paying an extreme amount for housing, or live in a substandard apartment hoping to find something better in the future?
For country-level solutions, it's simple, build more! More housing than demand lowers the price making it more affordable. Do nothing solution and wait, another thing that will work since the law of economics will start biting also, there is an influx of cash to the homeowners, there are people who spend more, thus prices in that region become higher, once the price becomes higher it becomes less attractive for most digital nomads who do this for cheap housing and start moving to the next city. On a personal level, nothing that you can really do without compromises. Earn more spend less or move away! This is a problem primarily in western countries while it's not such a big deal in asian countries. I cannot understand what you are going through op since I have never faced such a situation in my life thanks to my owned home.
Because you pack 100 houses in 100 sqm? The average house in Spain is 95 sqm, it's 43.6 in China 47 in India, and 39.2 for the Philipines? |
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Binance has been under a serious lawsuit from the U. S SEC for sometime now and it could be why Binance management has taken some steps to remove these trading pairs inorder to reduce the pressure of SEC’s attack on the surface. Perhaps, the U.S SEC will treat the case against the top exchange with more leniency.
Do you really belive that the SEC cares about some shitcoins that have a lower market cap and lower trading volume than an Asian restaurant in your average shopping mall food court? Could it also be that since the BUSD tokens are backed by US banks, they poise as fully secure because the FDIC-insured these US banks that BUSD uses. BUSD also has the features of a normal bank because it is fully collateralized, meaning that it is backed/supported by an equivalent amount of US dollars which is currently held in its reserve.
Yeah right, and you also believe all your coins are $safu and that CZ never lies because he is the second child of God sent to earth to make you rich, right? BUSD is fully collateralized and fully audited but the company that did the audit dropped them after the report https://www.theguardian.com/business/2022/dec/16/binance-auditor-mazars-withdraws-from-working-with-cryptocurrency-exchangeBut don't worry, keep storing your coins on Binance, they are #safu until they are #gone. |
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Please tell me there is a hole there and I'm just too drunk dumb and blind to not see it!  |
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Moreover, any information from your side about how your retirement bonus became 100% high risk crypto will be most welcomed and would help much the investigation process.
Are you out of your mind? High-risk crypto? You're business deals with crypto and you're asking a customer why he has put his funds in crypto? Who are you, the morality police? The user has provided you with a statement about the source of funds and that he owns those, at this point you freezing his funds is just abuse! P.S. Besides, if you look more precisely in this case with $3300 withdrawal, some user's miss the notification that money are refunded in 14 days, thus they allege us being dishonest. If you have filed a request for investigation with FINTRAC you're breaking the law by using any of the freezing assets even if it's just for accounting, then again you've taken $591 of that, do you actually realize what you're doing? Are you deactivating a user account while under investigation? You can only freeze the sum (the thing you didn't since you've already helped yourself to a chuck of it) but you must let the user have access to his personal account every single moment of this, have you seen banks just deleting and disabling IBANs for accounts under investigations? |
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There are merit sources who get free smerits every month, there is no shortage of merit and there is no cap on it! Reclaiming merit from banned users simply makes no sense as it would be distributed to merit sources, Theymos could just increase the allocated merit instead. banned the owner does not have access again to some vital profile assets such as the Smerit Stop exaggerating! Vital, lol! Assets!  |
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Let's just count. 21 million bitcoins at a price of $100 million. Even if 11 million bitcoins are “lost” by this time, there will still be 10 million left. Total, 1,000 trillion dollars. The entire money supply of M0 dollars today is less than 6 trillion. So the estimated money supply of bitcoin will be hundreds of times larger then M0 of USD. If the dollar doesn't depreciate fast enough to be cheap enough, I would argue that 1 watoshi won't be worth $1 anytime soon.
Global wealth is estimated at 400-600 trillion, which would make Bitcoin even with 10 million coins twice as valuable as everything on the planet put together. So no! No way in hell unless the USA goes full Zimbabwe. Only a hyper-inflated USD will make this happen. But I don't see this happening now or in the near future. We're probably centuries away from seeing 1 satoshi being worth $1. Neither you and I will be alive by the time that happens.
Remember the 2007 crisis? Now add the other crisis in the last century, mix them tighter power them up with a Monster drink and this would be the face of such inflation! Trust me, it's not like we're not going to be alive at that time, you DON'T want to be alive during such a thing! With everything going down, with mass unemployment, bankrupcies al over, failure of public services, and high crime in every neighborhood you will trade your valuable Bitcoins just to lead the normal life you do now! |
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Hmm? I was looking at mempool.space's far better visualization. I don't think Mempool.space actually purges the transaction in this manner, or else we wouldn't see any 1-3sat/byte transaction in their graph right now. Their site says anything below <3sat/byte is being purged but a good proportion of their mempool graph still comprises of that.
Yeah, saw this debate, if I remember correctly the purging is for 300MB, it's an indicator for others as to what would happen, not that they do in reality, they have well over that and the mempool is expressed in graphics in vMB which is god knows how much right now in MB. Anyhow, you can see the drop in the chart with them too July 22, 00:00 you have 56MvB 12 hours later you have 18MvB, nearly 30 blocks worth of tx. |
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~
The real question for the people who don't get the explanation here, can you link every row from top to bottom by crossing "excluded" without crossing the word exclusion?  No joke, I'm actually playing word Plinko in paint with that wall of text! |
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The way that the transaction is represented on the graph can be quite confusing. Johoe's mempool likely didn't drop the transactions and if it did, you'll see the proportion of 1sat/byte transactions decreasing faster than the rest.
It actually dropped, they've dumped quite a ton of them, and the 1sat/b was the only one affected. That said, yeah, Johoe's layout is not really my cup of tea. As for OP, I can tell you what happened, a ton of ordinal inscriptions that while small in number of tx large in size pushed a lot of older transactions out of the mempool that was just clearing a bit up, so suddenly every single estimator went nuts, people stopped sending 4-5 sat/b tx and this discouraged rebroadcasting of older ones so that's why the slow build-up back for 1/sat b in the mempool. To be honest, is understandable, you waited 3 months rebroadcasting your old tx over and over, and just when you see the light you see another wave that pushes you again out of all 300MB mempools of course they would give up just CPFP so highly probably a few of the 1sat/b have just been upgraded o 4-5 or even 10sat/b as some lost patience. I would have probably done the same, just pay 5-10$ and get it off my mind. |
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In fact, depending on the fiat value (or whatever the representation of the electricity bill then) we could get away with 1 BTC block reward or even less, and still keep a high enough hashrate that makes the network more secure than it is today or even better, so that suggested fee could drop to below 0.25% a year or so, and it could be adjustable based on some variables.
One issue with this: 3 BTC at $60k will guarantee you the safety we have now. 0.3 BTC at $600k will guarantee the same safety. The problem is that you're guarding in both cases with the same hashrate or miner cost to be more precise an ecosystem worth 500 billion and one worth 10 trillion. So if 3 billion might sound like a lot to attack a coin with a market cap of 500 billion it doesn't sound that excessive when taking down one that rivals the GDP of the USA. The economics of mining by and large follows the value of the coin, which is regulated partly by the difficulty. Our optimal outcome would be to have a network that has a high difficulty and thereby a high opportunity costs that comes with any attack. If we were to consider the deflationary nature of Bitcoin, it is more likely for the price to increase in tandem with the deflation rate. Whilst for one with an inflationary nature, we would have the price decreasing with the inflation rate.
Case in point, if we do not see high adoption rates by the time mining rewards dwindle even further, it would just be an indication that Bitcoin hasn't been a successful experiment. More likely than not, a replacement of Bitcoin would be readily available by then and it would provide more utility than what we have.
We had a glimpse of that a few weeks ago when the fee paid nearly exceeded the reward for a few blocks! Was that sustainable the long run, obviously not! Now there comes the problem with the rising BTC price and the fees that have to prop them up, for sure people like to talk about prices in BTC, that the fee is not in cents but in sat/b but in reality, nobody gives a damn how many satoshi that is but how much $ you have to pay. With fixed blocksize the math is pretty simple: Transactions last 24h
(Number of transactions in blockchain per day) 456,073
Reward (last 24h) 968.75+21.92 BTC ($28,921,512.6) So 450k tx that need to cough up 28 million, that's 62$ per tx on average! But what if the BTC price doubles every 4 years to compensate? As I said above, you're just having the same number of security guards while doubling the area they need to patrol and twice the merchadise! |
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Why can't they used that money given to the women just to satisfy themselves for five minutes or one night stand to invest in Bitcoin so that anytime when bitcoin rise they can see profit from the money.
For the 10000000000 time! Not your keys, not your coins! My keys, my coins, my money, my decision on what I want to do with your money! My life, my decision, NONE OF YOUR BUSINESS! So stick your morals and your arrogance where they belong and take a second to look in the mirror and ask yourself what's wrong with people like you who see can only see and think of how to make more money every second of their life while forgetting to actually live it |
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I noticed that all the exchanges that I am using like Binance, Bybit, OKX, Huobi global and Kucoin all have proof-of-reserve. There are many exchanges that are having it that crypto exchange users can choose from.
Lol, Binance? https://coinmarketcap.com/community/articles/63a2946981d6291ec15005c8/Apart from that, Binance’s released proof-of-reserves shows a gap of 245 million dollars that claimed to be lent out (Binance claims to have collateral) to a third party and were out of bounds for Mazars. Also, Mazars did not release any reports disclosing the mechanism that it used for conducting the Binance audit.
One more important thing to note here is that, right after releasing its proof-of-reserves reports, Binance moved billions of dollars worth of funds out of its reserve wallets to unknown wallet addresses. When the questions were raised, Binance cited the on-chain activity as nothing but security measures for moving funds to secured cold wallets. Let me guess, you actually believe the whole #SAFU thing?  FACTS: Japan has legislation in which customer funds be it crypto or fiat can't be moved outside designated bank accounts, Binance fled Jpana not willing to obey, FTX stayed and FTX customers in Japan have received all their money. The US wants to have the same legislation, but Binance wants to flee and avoid it! Think again, why don't they want that? |
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This is a very tricky discussion, without going too deep into the debate, let me make the concession. Due to land, the poor decide to stop working, because they finally realize all the hardwork they contribute, they are not gonna get reward with anything, instead of working toward farming food on the land, they decide to go to war, this way with less people to compete, they can have more land to spare, basic supply and demand theory.
That doesn't really answer why Australia is not going to war and trying to seize islands while Russia does, why are some poor countries not interested in the land, and why some are. Besides, it's never the masses that go on a land conquest. Well, I think you would have know the answer by now, it is not too confusing to understand how they end up to destruction, why Russia is destroying itself? According to economist, because the UFO invading earth, because Ukrain, because Nuclear energy, because climate changes blah blah blah. But which is the real truth?
Dictatorship and brainwashed people that think they are bringing the world the Russian mir while half of them don't have inside plumbing? Communism that destroyed the ability to think outside the box, private enterprises private initiative, and has led to a level of corruption and bribery worse than cancer? It's pretty easy to know when someone is to blame, you ask him who the culprit, if he's pointing at the world order, reptilianism, or capitalism without knowing what capitalism is then obviously he's the one. I think the American dream is an illusion created by leaders in America to get their citizens to work.
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I just want to accumulate enough Bitcoin so I can be able to get a van and go live off-grid.
Shows pretty much why half the world sucks. Screw work, I just want to get some Bitcoins that will magically go up in value so I don't have to work one second in my life. Of course, the American dream is not for you, and of course, the US sucks compared to the country you're living in right now, right? Btw, which country is that, the Netherlands of Philipines? |
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You can not Ignore a user by clicking on URL links. You only can do it with your Ignore list by adding that username into your Ignore list or by clicking on Ignore. The former is no way to be done by mistake and you don't know about it. The latter can come from mistake when you are on mobile. If you want to click on the username to go to its profile and mistouch on Ignore.
The ignore link is an url!  I've managed to do that by mistake on a tablet when doing the lazy scroll, one bad timing and it's a tap instead of hold and release, and if you're not really careful the guy gets ignored and you won't realize, especially if you have a long ignore list. I don't have anyone on ignore so in my case I instantly know I made a mistake when I see an ignored user but users with a long list might not realize for a long time. |
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Bitcoin is not Crypto, we know that for years.
Who is we? You and some poor $5 per article blogger who does only clickbait titles? Sometimes you can just laugh here at Sec, because Bitcoin has existed in this business industry for more than a decade, don't say that they just realized that Bitcoin is not crypto.
Oh god, there are more of you? Do you people even think one second before typing? Op I must say the truth, O don't understand you and US SEC. How on Earth someone would come and tell me that bitcoin is not cryptocurrency.
The author is an imbecile! The correct title is that Bitcoin is not like the other cryptos or that cryptos =/=bitcoin! And yet, in the context of how the digital asset marketplace has evolved since 2009, when bitcoin was created, it’s easy to see why maximalists distance themselves from the more generic term. Today, there are thousands of copycat cryptos. It’s true that a few are experimenting with innovative technologies – algorithms that bitcoin may, one day, absorb into its code – but the vast majority can be dismissed as scams and get-rich-quick-schemes.
To many in the space, crypto has become a euphemism for fraud and exploitation – the opposite of the autonomous digital cash Satoshi Nakamoto set out to create. What the idiot tried to say was that Bitcoin is not a shitcoin, not that bitcoin is not a cryptographic currency. |
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It is definitely not hard, with vast land, America still have a big room to grow. Because the population is just 300m, and the America land occupy 1/3 of the total earth surface area, that is lavish to everyone!
USA population is 330 million but the USA is not occupying all the land in the American continents, which btw are less than 30% of all land, Americas means also Venezuela and Haiti and there the dream is having food next day. And land, the whole thing is stupid Russia has plenty of land and look where it is, the Netherlands has 20 times the density of Sweden or Sudan , do you see the later catching up? Too much land might be a curse rather than a blessing. I've never believed in the American dream, I wouldn't want to live in that country or in a country that strives to be similar to it. ~
To be honest, my country's situation is kind of special right now because it's Ukraine, and we are at war with a much bigger country.
Thing that would have never happened to someone living in the US. And trust me as a fellow eastern European, I would take student debt and expensive healthcare anytime over the corruption that has plagued us for decades and probably it will plague you for two or three after the war is over too. You have free healthcare but how good it is? How much do you actually have to pay the doctor and nurses for everything in a hospital? How much do you have to pay to have a good doctor take care of you and skip a few months for an operation? Been there, done that, I won't regret it one second! With a high unemployment rate, housing crises, increasing student debts, inflation, recession, wars, famine, high interest rates and all those factors that affect the economic mobility of many families both in America and all over the world threatening to wipe out the middle class, would we still say that the American Dream exist?
Unemployment is going down in the USA, inflation is going down, there is no recession, famine just lol, famine in the largest producer of food in the world, lmao, hight interst rates at 5%, go to Iran or Argentina and count the digitis, war? On US soil? Before even thinking of such things, look at the millions that risk their lives to go there and to flee to Europe, then ask yourself why is nobody trying to go ot othe countries that claim to not have problems? |
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In the past before the current economic era, around the 15th century and the beginning of the French industrial revolution, having many children was seen as fertility and good for both the family work force and country's also. The labour force was majorly manual and those who worked at the plantations were sort after as able bodied men or women.
It wasn't like that at all. France population was around 20 million in 1500 it was still 20 million in 1700 and barely reached 40 million in 1900. The reason for having a ton of children was this gruesome and sad reality kind of thing:  The same thing nearly happened to one side of my family with one of my grandfathers being one of the two kids in the family who managed to start a family on his own out of 8 children, he had 6 children of his own for only my grandfather and his sister to survive. It wasn't that much a thing of providing a workforce for the country as making sure of having at least 2-3 children reaching maturity and starting a family to have some support at old age. |
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It's a scam just like the ton of other websites, usdcapp.dot.org popped up yesterday in this forum with the same crap, a free $1000 NFT airdrop that time.
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