cough cough satoshi-dice cough cough This is strange. You don't support Ordinals, but you support Satoshi Dice? Why? One kind of spam is acceptable, and another kind of spam is not? Because yes, if your model pushes more data on-chain, instead of pushing less, then it can be considered as a spam. ordinals are large junk meme transactions spam (including privacy spam) can be charged independently at a higher rate for instance a fee formulae where utxo that moves with less then X confirms pays more my tickly throat was not to say more spam is better. it was actually that services need to act smarter with what they advertise The real solution is to make transactions smaller, not bigger, and to make less of them, not more, while preserving coin flow. Which means, if you have Alice->Bob->Charlie, then making Alice->Charlie transaction is better, because then Bob can gain more privacy, if he needs that. However, expanding it into Alice->Dice->Bob->Dice->Charlie is not going to help anyone, it will just raise the fees for everyone (unless you introduce difficulty-like adjusted maximum block size, but then what would stop mining pools from abusing that, to store their Ordinals, or even to push altcoins on-chain, wrapped into bitcoin UTXOs?).
also things are not alice->bob->charlie in real life EG alice buys something from bobs shop bob pays his employee charlie.. in the real world its not upto alice to pay charlie. alice should not be organising how much charlie gets paid, or ensuring charlie gets paid when bob sells an item, nor completely avoiding bob and just handing funds to charlie as for mixers its not alice->mixer->bob its actually alice->mixer reserveZ dave->mixer reserveZ fred->mixer reserveZ mixer reserveG-> fred mixer reserveS ->bob mixer reserveK-> dave(or back to alice new unused address) yes the mixer should pay higher fee and there should also be some other mixer->mixer in the middle incurring more fee's but they should pay more fee by spamming every block with low confirm age, for the privilege of priority where only those with low confirms re-spending so fast should pay more then base fee.. whereby others with confirm age over 1 day get to pay flat rate base fee |
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The problem I see with this is that it is just one more step in saying goodbye to privacy in Bitcoin. Mixers have been banned here because it won't be long before there will be regulations expressly prohibiting them. I said it some time ago: services that serve to obfuscate the origin of funds cannot have much future. The casinos that have been so important in the history of Bitcoin and Bitcointalk will have to end up operating like fiat casinos, with everyone perfectly identified from the beginning among other things. We are on a seemingly unstoppable path of loss of privacy in general, and Bitcoin is not going to be an exception. It won't be that. I believe it will be wallet apps that will start having features that will "warn" users that they are about to receive a "tainted" input. As more users become "taint-aware", the moment they receive a "tainted" input, it's going to be a game of hot-potato. - Users would sell those "tainted" coins as soon as possible, making the price of "tainted" Bitcoins lower than "clean" Bitcoins.
b. invent a new service that does not even mention privacy/cleaning, mixing.. and is more creative with how it takes in deposits and withdraws .. cough cough satoshi-dice cough cough
Isn't there an upgrade that would make transactions for opening Lightning channels indistinguishable from normal transactions? you dont need a bitcoin upgrade. you just need to think smarter, lightning can do some changes and fix their flaws, even flaws in regard to how recognisable a channel lock format is |
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What gives fluctuation in price is supply and demand and the rate of change between them. If the rate of change of supply to demand were constant, the price would be stable regardless of liquidity. If we take real estate as an example, it is considered one of the assets that is difficult to liquidate. However, severe fluctuation in its prices can occur. Just like gold, the market varies according to markets, but in the end, stable supply and demand, or the rate of change between them that is not abnormal, is what makes the price of gold somewhat stable, which is what makes real estate and Bitcoin fluctuate despite the difference in liquidity between them.
i laugh at the highschool lessons you have been taught.. "supply/demand" is a meaningless expression unless you understand the context of such words EG supply.. in 2012 there were only 11.5m btc in circulation.. in 2023 there are 19.5m.. more "supply" now yet prices are >6000x compared to 2012($6) EG demand.. if bitcoin was only sold/mined/used in america, on american exchanges that only allowed americans to trade. the demand would fix the price to a smaller speculation range/window. it wouldnt matter if the exchange had reserves of 2m btc or 200k btc. the price would only pivot within a smaller slimmer range |
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I don't even know now if I'm still going to take a profit when the price goes to 50k because I have a feeling that when it hits that point, we would probably see bitcoin go to 100k or higher so might as well hold on to my bitcoins for now, don't want selling prematurely.
if you have a $50k target where you might sell. but then have the FOMO of hoard for higher returns. you are not forced to make one or the other decision.. you can always .. do both. sell half hoard half if the price drops you can buy more in the dip using the half thats then fiat. if the price continues to rise you still have half to get to next target at 100k the real question is not if it will reach $100k.. its more about when.. so the real decision is. do you really need some(half) fiat when it hits $50k or can you wait it out longer |
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The problem I see with this is that it is just one more step in saying goodbye to privacy in Bitcoin. Mixers have been banned here because it won't be long before there will be regulations expressly prohibiting them. I said it some time ago: services that serve to obfuscate the origin of funds cannot have much future. The casinos that have been so important in the history of Bitcoin and Bitcointalk will have to end up operating like fiat casinos, with everyone perfectly identified from the beginning among other things. We are on a seemingly unstoppable path of loss of privacy in general, and Bitcoin is not going to be an exception. thats where things need to be more creative before bitcoin was a currency. satoshi-dice worked great because it was not gambling currency. and though people used it as a mixer it never advertised itself as such now that bitcoin is defined as a currency asset, people need to read the regulations and find the exceptions new methods can be made where it doesnt involve a "service provider" (VASP) if people cared more about privacy instead of middlemen service provider income, they can find ways.. only problem is the so called privacy guys care more about promoting/offering a service for a fee.. so they end up shooting themselves in the foot by accepting a payment/commission for offering a service bitcoin isnt the problem. centralised services (vasps and MSB) are everyone knows governments cant attack the network, they get court orders on service providers |
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resistance level is a point in which the coin has struggled to get past historically speaking when the price is almost at the resistance level investors might anticipate a gradual slowdown of increased prices
no its not based on "historically" you are obviously someone that just watching youtube trend anals that show a chart and then draws a line and say "look this also happened in X year" if your influencer just talks about triangle patterns and moving averages.. unsubscribe from that influencer. those type of people are not Technical Analysts .. they are Trend Anals big difference if you are not looking at mining costs of well known asic farms locations if you are not looking at known exchange reserves in:out flows.. if you are not looking at the demography of traders.. if you are not looking at UTXO confirmation age... if you are not looking at the spot market depths.. if you are not looking at futures markets limits. then you are not doing technical analysis |
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I don't believe everyone who uses mixers is a criminal, but you can definitely be associated with criminals and get in trouble.
i too dont believe all users are criminals.. but there lays the problem.. mixers only worl if they can recruit innocents.. the innocent people with coins unrelated to crimes usually deposit their clean coins and end up withdrawing the bag of crap dirty coins.. thus aiding the criminals by handing them clean coins the victims are then left being treated as suspicious to a higher threshold as they now have a taint path back to a tagged criminal act before the mixer, but handed to victims via the mixer |
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Let's just make a small recap of the current situation. Firstly, an overview of the current situation:  i was about to put together a table of the different exchanges the applicants want to appear on. thanks for saving me time(have my usual merit giveaway) most share traders/pension managers care more about the nasdaq first then NYSE second.. the cboe are way down the scale my odds are still on blackrock(ishares) being first mover for nasdaq as for NYSE though bitwise and hashdex are a few steps behind. i still dont think SEC trusts grayscale enough so could delay all NYSE candidates. but thats my opinion based on all the DCG drama with the SEC. grayscale also realised they were not etf experts so recently head-hunted and hired one from investco.. grayscale may now have some expertise to adapt their platform to tick-box a few more sec requirements, only time will tell |
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So which post is correct here on the actual meaning of target price and resistance levels?
target is more individualistic in peoples heads resistance is more collective in market order books and notable collective futures contract points |
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things like gold have set market rate which they control the international rate with things like "circuit breaks" to stop large price movements. they also select certain markets to sell gold for more controls
however bitcoin is truly an international market where there are many markets..
what you have to learn is that bitcoin mining in iceland is 10x cheaper than mining in japan/hawaii
so pacific ocean countries are willing to pay alot more market price because its below mining cost..
where as the northern atlantic/norweigen sea/siberian sea touching countries are mining and would rather sell
because the controls are not there to stifle free market. the price can vary alot when different countries have higher demands than others
take gold again. it might seem cheap to mine gold in africa. but the big quarrys are american/EU managed so the natives dont get to sell at a premium and push the price down to their cost rate. they instead just get paid low salary as employees. the americans/EU managers take it to us/eu and sell it for profit whilst keeping the markets inflated to not crash down to african true mining cost rate
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also dont forget these two details
1. many bitcoiners lobbied to get governments to recognise bitcoin as a currency.. opening the door to currency regulations
(2009-2013 bitcoin was defined as private property. 2014-now its currency)
2. regulations actually require businesses to watch/monitor mixer users that deposit with them, more so than other random people transacting on the blockchain. so using a mixer doesnt offer better privacy, it puts you on a watchlist due to using a mixer.
the solution, if regulators require businesses to monitor mixer users..
a. stop using mixers
b. invent a new service that does not even mention privacy/cleaning, mixing.. and is more creative with how it takes in deposits and withdraws .. cough cough satoshi-dice cough cough
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to put aside $10k a year
is /365 = $27.40 a day(7day week) $38 a day(5day week)
if someone can find a part time job for 3 hours for $10-15/h. or do some over time you can more then afford to save $10k a year
if you waste $28 a day on fast food, retail sold coffee, frivolous spending each day. stop. you can more then afford to save $10k a year
working just 40 hours a week for 52 weeks = 2080hours. means you need to ask for $5 an hour pay rise to get $10k a year saved
asking for $5/hr payrise is sometimes harder to convince your boss, compared to getting overtime/side hustle or save on frivolous things
find a combination to try to find $28 a day(every weekday) $38(5days a week)
it can be saving $19 on frivolous and earning $19 doing a couple extra hours work
maybe a second job or a side hustle like food delivery
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budgeting is the answer
EG those that are full on anal about saving.. budget it
for instance
new bedframe and mattress every 8 years (expect 4 years incase of damage) $1200 / 48months = $25/month to save
new fridge freezer every 6 years (expect 3 years incase of damage) $600 / 36months = $17/month to save
new washing machine every 6 years (expect 3 years incase of damage) $400 / 36months = $12/month to save
new boiler every 10 years (expect 5 years incase of damage) $2500 / 60months = $42/month to save
new PC every 6 years(expect 3 years incase of damage) $600 / 36months = $17/month to save
meaning you would put aside $113 a month to cover appliences whereby within a few months you can cover if one of them stopped working
and then set a budget for hobbies. that way because its part of a budget there is no guilt in spending because its part of your affordability plan
and then set a budget for "f**k U money" hobbies. buy anything in that budget there is no guilt in spending because its part of your affordability plan
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if you want to have a gun. dont advertise it to make yourself a target.. in short: use it dont advertise it
if you want use/be a mixer. dont advertise it to make yourself a target.. in short: use it dont advertise it
I agree with you on that approach but mixers are a little different. Mixers aren't as famous as guns. Someone has to promote mixers in order to increase awareness. There are people on this forum who are capable to promote mixers and take care of their privacy at the same time. If they use it and advertise and are making themselves a target, it's their problem. You, as a member, see the pros and cons of mixers and you can use it without promoting or suggesting it to other people. We have Monero for better privacy, thanks god, it's legal and untouched and it's not necessary to ruin Bitcoin by making changes that will worsen the situation in crypto world and will lead to more regulations. By the way, I don't know if blackhatcoiner promotes the mixer usage to gain more profit because he probably doesn't own mixer and profit generated from mixer signature is not enough to live or survive in Europe (he seems to be from Greece). I can't talk about BHcoiner but there are genuinely some people who advocate for protecting privacy. Look at this, they want to completely control what people do: EU chat control law will ban open source operating systemsStop the proposal on mass surveillance of the EUEU Digital Identity framework (eIDAS) another kind of chat controlfirstly.. dont cite blog posts of tin foilers.. actually take time to read the regulations the tin foilers paranoia over.. form own opinion the eIDAS is not actually requiring all EU websites to certificate and then ask for ID.. its actually simply that government run websites will have a log-in security certificate, which they want webbrowsers to have a wallet extension/add-on which recognises a EU government site to allow people to log in using a government ID on government sites (not normal websites). the actual debate is the government wanting browsers to have these wallets installed as default extensions where the wallet is closed source so browser operators are unsure what the wallet actually does.. thats it secondly advertising a swap service where whats deposited is not the same coin origins as whats withdrew can be advertised creatively as a different service that does not even sound anything close to the words "mixer, tumbler, obfuscate, AEC, privacy" however those wanting privacy can figure out what the service does wink wink nudge nudge.. cough satoshi dice cough but blatantly advertising that more people should use mixers and pretending that users of mixers are not monitored more closely is dumb as for thinking those advertising mixers "on this forum. who are capable to promote mixers and take care of their privacy at the same time" pfft blackhat isnt capable angelo is from greece and his home interior walls where he plays with his gadgets is painted blue. oeleo was a doctor, windfury was into woodwork/carpentry. ud be surprised what these people reveal about themselves.. they dont care about their own privacy, they definitely dont care about other peoples privacy. recruiting people into being monitored more highly.. they just care about promoting a service they get income from i for months have been suggesting they need to re-vamp the services they promote and tweak things, maybe i was too subtle with the hints. yea yea i dont spoonfeed babies.. but they just wanted to play dumb pretend there is not problems and their promotions offer users guaranteed invisibility .. pfft |
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Probably we will see devs working on LN facing charges like the tornado cash dev at some point ? Authorities work slow but they will act at some point .
tornado dev didnt get charged for just writing mixer code. he got charged for receiving a fee for being personally involved in shuffling funds used in a crime its like silk road owner.. if he just operated a craigs list platform where he never touched any coin.never took a fee.. his life story would be very different LN devs wont be charged just for writing LN code. but if they operate a node channel that allows routing of their funds to process payments for a fee on behalf of others.. and if they take a fee for routing. then they are operating as a MSB. and thus need to be doing things as suggested by regulations. if they dont and if found they processed and profited from routing to a threshold that treats them as a business.. but never registered as one. then trouble begins if they then ontop are found to have processed criminal/illicit payments. then they can be charged for bigger crimes. tornado dev didnt get charged for just writing code |
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this might help more to explain walls  and yes targets are usually individual/personal to each person. or some bet someone has. we are no where near 2025 to be talking about a All Time High you usually see people talk about 2x - 3x as their target if they are mid-long term investing some just want to take a 1.5-2% profit target if they are day trading |
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pump and dump telegram group.. [yawn] moving on
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first of all.. "resistance" is the wall that slows down or stops trades from going UP .. "support" is the wall that slows down or stops trades from going DOWN there are many many statistics people can gather that form these measures ill give you a couple simplified ones for novices a. if you look at the market-order-book of exchange you can see the depth of all the orders.  you can see the differences of the depths.. if its a cliff.. its a wall if its flat its open to move be cautious.. many times these walls are "ghosts".. traders can set many orders to create a wall of resistance/support, but if the price gets close to their order they cancel all the orders and the walls fall flatter. this is when viewers then get shocked that the price easily passed a wall and they act surprised how easy the wall fell b. futures market have people locking in contracts that complete at certain prices. if the prices hit and contracts complete this can change the markets we see this alot where there are many contracts to bet that prices wont breach over $39k so you see lots of whales do spot trading to sell and arbitrage and sell to keep the price below $39k to resist a price pump until their contracts expire. and then suddenly the spot order book changes with no sell resistance wall there are many other measures that people can find. and if you are following people that just only draw a line on a candlestick chart. and only talk about historic trend repeating, unsubscribe from them |
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its not like i havnt been telling the mixer folk for months in their many topics, they need to think outside of the box about the way mixers function and brand themselves to not poke at regulations and business policy
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i love meat but the chicken cannibal joke didnt do it for me
how about (im not a comedian)
"so i own a chicken farm, but my chickens dont taste like chicken. so i had a eureka moment. i should feed my chickens.. chicken"
a caterpillar sits on a leaf pondering its existence.. it sees a cat sitting on a fence post. it asks itself. is that cat more cat-on-Pillar than me
i saw a caterpillar under my foot and noticed that it was a special caterpillar would never turn into a butterfly.... i shouldnt have stepped on it
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