Have you read the ToS when you signed up?
https://localbitcoins.com/terms_of_service/


Finland is part of the EU, meaning that every citizen outside the EU can file a claim with the finish Ombusdan bureau to mediate your case against them if the above fail, if the value is below 5k euros you can also file an online case under the small claims procedure .


And you think the guys there will listen to a stranger saying he's your representative?
This is not about buying a washing machine or returning a laptop.

I'm surprised it took so long, I don't think anyone would be surprised they went down, after all, it's not like they were affected by the ripple waves of the Defi schemes going down, they were actually one of Celsius's partners,  the moment this notice went up:
https://nuri.com/blog/bitcoin-interest-account-withdrawals-paused/
it was clear they will go down.


They only got some 100k from EASME, 18 million came from Early Bird, and some other millions from NKB and others, got 50 mils, lost 500, Erik Voorhees must be proud of all his shilling.

I find it funny quoting the "west" when the entire Europe is east of Salvador but, has he touched the subject of the aid money he has received from the evil west? Oh wait, no, that would bring down his whole commie manifesto against the evil capitalist pigs!

https://www.heritage.org/trade/report/el-salvadors-economy-sputters-and-us-aid-policies-are-theculprit

https://sv.usembassy.gov/usaid-emergency-assistance-to-el-salvador-for-tropical-storm-julia/

The United States has provided over $4.4 billion in development assistance through USAID and its predecessor U.S. Government programs
https://www.usaid.gov/el-salvador/history

And speaking of kool aid,

Where is that geothermal 200MW powerplant that was ready a year ago that would be dedicated just for bitcoin mining?
Where are the incentives for miners in Salvador and why is Salvador importing electricity and asking citizens to pay more than every country around them (from which they import energy)
What happened to the Bitcoin bonds that were supposed to be 300% oversold?
What happened to the 500 million city that is going to cost at least 6 billion by the latest numbers?

Yeah, writing an angry text to the corporate overlords that are chaining the poor socialist worker is easy, running the country into the ground with a 1.7 billion or 6.5% GDP deficit is a completely different story.
But the blame game works on the brainwashed so well!

Or, or, bear with me and watch this totally borderline madness idea, or maybe not to weird

Maybe it's because in reality the EU alone produces as many sunflower seeds for oil as Russia does?
https://www.fao.org/faostat/en/#data/QCL
It's a pain in the ass to link to that table from them on just production by country on a smartphone but trust me, it's the same.
And not only we do produce the same amount but we mainly use rapeseed oil:


And again, weirdly enough, the EU is the largest producer of rapeseed in the world after Canada.
Let's throw in the fact that southern counties use also olive oil and now we have the perfect ingredients why this was just a toilet paper shortage panic?
Maybe, maybe?   


The moment I can go past security pretending the silencer on my rifle is a microphone I promise you I will ask her! Oh, should I wait for the answer?

Yeah, because that's what every human aspires at, leaving in fear, in poverty, with the constant fear of his firstborn being one of those 60 dead in a thousand, a 30x death rate for infants compared to other countries, a lack of basic needs and a constant fear of not having enough food next day and now way to store some food in advance because, well, again, poverty and basic utilities lacking.

For centuries the human race has gone without electricity, do you think that's where we should go back?
Did you go without electricity? My family went through two world wars, concentration camps, and re-education camps, wanna test those and see? Or you would just like to have the normal standards of life like everyone else instead of bragging about how you can go without food and how stupid are those people who have enough in their fridge for a month?

This stupid thing of I'm tough, I don't need that, those pussies in the western world who can't do that or that with a stick and a stone and a banana peel really needs to stop.  Rather than congratulating yourself that you can't live the way you do maybe it's about time to think of improving yourself.

Oh, and btw, where did you get that Batman quote from?
Of from a western movie, made with electricity, distributed to your country with electricity and you've watched it with the help of electricity! So much for that darkness of yours!


And how would those satellites get the data from the people on the ground?
Because I'm pretty sure you know your phone is not able to send data into space, they use ground stations, which run on electricity also.


And without electricity and cell towers and internet how are you going to send the data from your computer or phone to those stations (assuming they still have a back-up power supply?

Probably a lot of you are already accustomed to the name of the FTX founder grabbing headline after headline when he offers to buy assets from Celsius in an altruistic way or how he has "saved" Voyager thinking only of its users. Adding on top of that his desire on helping other troubled exchanges and so on he wants probably to portray himself either as a crypto messiah or at least a copy of JP Morgan.

But of course, in his ideal world where everything runs smoothly, we would need some adjustments and you can get an idea of those from the first paragraphs to the last:
https://www.ftxpolicy.com/posts/possible-digital-asset-industry-standards




Of course, this is just one of the many tips of the icebergs flotilla he has unleashed, for him seems like harmony can be achieved by, guess what, centralized coins, clear predefined protocols where percentage rule (I have a Terra flashback here) can solve everything without bothering anyone, and it's all about his care for the normal user that might be scammed or lose money, not about his own greed for power.

Now, I'm pretty sure that his sudden need for law regulation customer protection has started with the FCA poking around FTX and probably others in different countries especially the US looking more carefully at the way FTX is doing business but still, for him to go that fast in this direction highlight again, at least for me why we must never and never name any kind of leader or head figure or promote someone to this kind of virtual position, I think I don't even need to add that a politician would be the last person needed to be branded as such a savior.

Rather than 12 hours, I wonder what would happen if this will be just a one-two hours event and it will one that will split the networks in no more than a 2:1 hashrate ratio, so in one hour even the smaller chain will be able to mine quite a few blocks. By the time people realize it has been a split and they will try to do something more blocks will be added, more headaches, and so on and on.

That aside, a complete cut at global levels is nearly impossible, a country-level one is definitely in the books but it will have way lower implications.

If the whole internet and electricity goes out first you have no light, no power, food spoils, hospitals can't properly operate, there is no communication between any country and any townhall, the economy will grind to a halt, millions of lives will be lost and the last problem people will have will be their coins and their order on some exchange.
Without electricity all over the world, everything goes down, and seriously, everything!

And yeah for a while as probably most data centers have back-up generators your orders wills still be there and the website will still be up but unreachable so in a frozen stance till the diesel runs out and it shut down too.


How will the price crash if nobody is able to sell it anymore? 

You can see why in this topic, some don't even know this was a possibility for an older, so if you get people that trade coins and never felt the need for such a thing nor do they see an immediate need for it neither will exchanges see the need to implement this and add a ton of possible problems with it for a small userbase. Most of them in order to avoid this, have gone the way of API, you want something special, here, you play with it, our stock services are for one-two clicks customers, you want something more complicated, do it yourself, plus the ones with high volume will never use their dashboard and they have their own custom bots setting trades all times.

On top of that, if they really do implement more of those options, like Bitpand they will go for the "pro" version, exchanges are always looking for something to sell to their users so if one will ever implement such features it will be most likely behind a premium package, you need extra features to temp users into buying, right?

If is the reverso epoch of the previous one, and again it will start with a ridiculously changed pace and despite everything it will keep it up like this through two weeks, ending with an even bigger than -10% drop and almost erasing all the last gains I'm going to join philip and shout manipulation too!

I can understand that at the start of the month suddenly a few thousand or a few tens of thousands of gear get immediately turned on as it's a new month, deliveries, new electricity prices, no more demand for power on same levels in the US, but if this drop materializes, no, no way in hell you can explain it, I refuse from the start to even try it, unless there is one huge farm that caught fire or some other ban somewhere else, don't even know who is left on the possible ban list to make such a dent.


Just one and a half day and now, despite my track record of perfect loss I will say it loud and clear, this will not last!
So, ... expect a drop!

But if you want something else that makes also almost no sense, this just popped in my news feed:
https://bitcoinmagazine.com/business/investors-are-flocking-to-bitcoin-mining
INVESTORS ARE CIRCLING BITCOIN MINERS  < the moment I read it I imagined that vulture from WB cartoons


There is simply no end to these VC style investments, they seem totally focused on running this business into the ground or at least 3-4 cents per Th/s above grass level.
 

How about you read anything beyond the title? Like the first paragraph:


We're in October, what month of the year is October? Is the 10th!
Clear enough for you? Need extra directions? 


Of course, it's not like wow, one click and everything is fine, I said that in other topics also, inflation will still be around, maybe we might even dip a few 1-2% in GDP during the winter-spring, and there will be slowdowns but it won't be the apocalypse everyone preached, there won't be shortages of food and for sure we won't be driving donkey carts like the experts who said Kyiv will be conquered in 3 days said.


Good news, nobody is interested in good news, if it's not a disease, apocalypse, or market collapsing, nobody reports it as it doesn't get the audience.
Plus here 90% of the users want a total meltdown, because...that would be good for bitcoin!
Plus, the mandatory fall of those damn western capitalist Pigs and the rise of Brics!


Same as the above, good news doesn't sell,  just take a look at this forum and you will see a ratio of 100:1 between topics of a recession happening tomorrow and the economic growth expected.


What, you're stupid prediction? Yeah, quite funny how literally zero of them got true!
But keep posting your four lines of useless drivel, it is such a good start for a day when I see people in cringe-level denial.

Are they still operating in South Korea?
I get an error while going directly to their subdomain (although this might be IP based, I don't have a SK IP for my VPN) and I found this article from last year:

OKEx to shut its crypto exchange in Korea as new AML laws take effect
https://forkast.news/okex-korean-aml-crypto-exchange/


Lol, do you know the name of this forum? It's BITCOINtalk, isn't the answer obvious? Do I have it to type it bold and blue?

This is the reason why:
Eu gas and electricity prices drop 80% to 2021 level, another apocalypse averted

He got triggered by it, he hates the EU and the USA so much he is just desperate that none of them are crashing down, that nobody cares about his propaganda where germans burn wood, where they are out of sunflower oil where 150% of the companies are unemployed and al those lies.

He looks around, he sees inflation at 60%, and he sees people getting 7$ a month to buy food from the government, but it's all about Europe going to be doomed.
And when reality hits he gets so triggered sprouting nonsense like the above!
Forget gas, we don't need gas when we see the Russian and Iranian propagandists burning in their own envy flames.

Just the 4 "newbies" that are shilling this exchange is a red flag large enough to make everyone cautious about it, on top of that this is an exchange with no location, email-only contact, no license, no info about the company running, even their ToS links are broken.

But there is more, that template is a cheap copy and they usually reuse it, so what the morons did in this case? Archived here!


they forgot to replace all links, and guess what kudx was??
Another HK "based"  exchange shilled by a bought account that went full scam

https://bitcointalk.org/index.php?topic=5411525.0
https://www.trustpilot.com/review/kudx.com

Those 10% and 75% are numbers of the initial purchase or the amount they had held at the mentioned date because if they sold 105 of the initial and and then 75% of the leftover they still might have 22.5 of the original sum, I've seen his quoted in different ways from 75% of their holdings (which would mean current state) to 75% of their purchases so it would mean initial stock.

But if you think Musk is done with or plans on giving up, there is no way, he loves what he's doing with those tweets, with his small announcements on purchases and sales, with his tweets about war, peace, and even lately trolling Medvedev on Twitter, he loves the attention and people, even if they dislike him still are giving him some, this will go on forever.


Saudi Aramco is owned by the state, despite Saudi Arabia being a quasi-dictatorship it doesn't make that company totally theirs, they can't just pack all of it up and move it to some other country nor can they sell it, if the shares get sold the owner is the government and they need that money if Musk sells then those are his money and he can do whatever the wants with it.
And about them not being showy...lol. Are you serious?

We all know the narrative for the last 3 months, Russian, and Iranian propaganda is telling us only how Europe will freeze to death, how it will become bankrupt, every single economist on the surface of the earth who hasn't seen Europe outside the coloring books was already picturing it in like some middle age country, burning wood, driving donkeys and so on and on...

And then as usual, since the economic laws of offer and demand don't give a damn about propaganda, reality hits and it did hard!
A few article on that, from wsj, Nasdaq and

With an oversupply of gas, full deposits, tankers full of gas waiting in line in every port and warmer weather, prices of gas have literally crashed to last October's levels. Note that I quote here spot next-day prices, not futures, and if somebody is asking why is the same reason why when you pay for something in Bitcoin you look at spots prices, not at the futures prices at CME!

So, here is the data from European Energy Exchange:



TFF spot prices have gone down from 200/MWh to 45euro /MWh.

And since I did mention futures let's look at those also, crashed to 95E from an all hight of 349E and still lover than November 2021 for example, but these are future prices, not the ones that make your bill.
Or we can look at CDT options, which surprisingly (for some) are below October levels.



And if we speak of electricity, here are two comparisons, one from the Netherlands grid:



*I've chosen 24 and 25 because both of them are Mondays, and here is a complete comparison of January vs current, so before the war



Deposits are full, no need to make another printscreen you can go and see the data live, there are tens of ships full of LNG waiting in ports to unload, the declared capacity of the known ones on the waiting list being equivalent to two weeks of full capacity of Russian imports, and gain surprisingly to some that picture the whole of Europe as going through a small ice age every winter with reindeer running around and everything being under 10 meters of snow, it's far warmer than usual and even if it weren't, cold weather is often an exaggeration, Europe is not just Finland and Norway.

For those that are indeed curious about real! data, you can see the average here in January last year, for example, in Paris where only one night temperatures dropped below freezing, London, or Berlin, and let's throw Rome too just for fun.

What every Russian shill has forgotten is that there is demand and offer, once you pay a lot you get everything, you're the top bidder, and there is no need to bid for more as you have to build your reserve stash and send the coins to cold storage or in this case gas storage there is no need to keep on paying more, and when there is no more demand at the same level, as in Bitcoin, prices drop to the usual normal average, or as graphics show, the same prices as last year.

So no, unlike how the specialists that haven't set foot once outside their village, no Europeans will not go to drive donkey carts, will not burn their forests to heat and for sure they will not go, this is funny, bankrupt already in 60% of their business.

And since we're at debunking myths here and propaganda, here are the employment levels in Europe: record 74.3 employment, which doesn't really smell like business shutting down.

Now, that being said, it's not like we don't have problems, there is inflation at 10%, there are problems with previous bills, and there is the fear of an economic slowdown overall, but that's not something that Europe is experiencing alone.
China has delayed economical data and when it did present it sent markets in red (Hang Seng went down 6%) and the yuan to the lowest levels in 15 years.
But in short, no, Europe will not freeze to death, we won't be driving donkeys and we will not have our mud huts destroyed by mammoths either.

PS.
This is good for Bitcoin! 
More fiat in your wallet can lead to more coins in your wallet.

People have gone overboard with this whole decentralization thing.
If you think that works wonder why isn't any real story of success after thousands of tries to decentralize government ar regional levels?

The whole thing of having 100 people with 200 ideas deciding on what they do independent from the 100 people in the next village with another 2000 ideas has led to deal nightmares, instead of the whole region deciding on a transport hub with a big airport, for example, each medium-size city has built it's own and guess what, they are all losing money since no city alone has enough passengers to keep it profitable and with enough destinations and because of that everyone goes to the capital to fly anywhere outside Europe.  Transportation, tourism, energy infrastructure everything has become a mess since decentralization, just imagine the whole madness that will start if everyone is allowed to decide on their own on wages, pension, taxes on so on!

There are things where decentralization is good, there are things where it will be a complete disaster, just think what will happen if each school decided on its own curriculum? And what will happen if the same school votes to change it while you're in the middle of your studies?



And where is the decentralization there?
Instead of 3 political parties, you have 3 pools holding 60% of the hashrate and two entities on ETH holding more than 40% alone.

You're mistaking the ability to use a decentralized system with the governance of the said system, when did you last cast a vote on what to change on either protocol? When was the last election of who will be in charge of the future change for both systems?  It's one thing to make use of a system and dump it once it doesn't feel right to you or the changes made by the leader are not the ones you agree like what Buterin is doing to ETH, but that won't be possible in governance, you will have to obey the rules of that country you like it not.

It's one thing to build your chips in a fab, a totally different to have the tools to build that in the first place.

ASML holds a near total monopoly on lithography, even TSMC and Samsung for example are 100% dependent on those machines, and neither has been able to match them and do their own, that's why everybody who has a clue about the long chain of logistics and supplies in the chip-making business knows that even if China gets hold of TSMC it can do basically nothing after the first production cycle is done for they will still need foreign machines, and the alternatives for ASML are either Canon or Nikon, just lol.

As for Russia, good luck, they will succeed where no other company has managed to do that, they can't even produce their own archaic chips now they want to build their own lithography machines, that's just how they wanted to sell pork meat to Indonesia or their magic Yota phone (which went bankrupt) while they can't even get old chips to build simple airbag systems for their cars.


Forget chips both the SU-57 and T-14 are plagued by a myriad of other problems, the SU-57 prototype was ready in 2004, the first flight in 2010, it's 2022 and they've only built 6 flight-ready planes, T-14 had 2000 units planned for 2015-2020, they don't have even now 100 pieces in total, including test units.
The chips are the last of their concerns, the problem is that they haven't been able to gather enough funds for the 10 mandatory yachts for each tank/plane batch.


Let's see how many yachts and mansions they will be able to make by 2024, cause those machines for sure won't be built.
China hasn't managed to do it in 5 years with unlimited government funds and Russia will do it in 2, yeah right!

Yeah right!
Except for the fact that in reality there are billions being pushed in every energy sector while exchanges are seeing lower and lower levels of liquidity, the so-called Defi schemes are collapsing, people are pulling both money and coins away from CEX and you honestly believe that somehow crypto training will be more important that healthcare and the energy sector. Just the companies that are actively traded on the stock market from the energy sector are worth $8.412 T , pharama is worth $4.824 T compared to the $0.9 T from cryptos!

Let's do an experiment, how long can you last without trading cryptos, and how long without using electricity or gas or something that has been made by using electricity and gas? Oh, wait, you can't even trade without using electricity! So what do you think will be a more important and more attractive long run in a crisis situation?  


Lol, so his channel is bigshortsignals and he is talking about how the cryptocurrency market will have more volume than any other market, shouldn't he rename it to biglong, or the longlong?

Metaverses have been around longer than bitcoin, there have been multiple approaches and the main thing for it is that they lack a final purpose for it.

Bitcoin had a purpose in the first place, it was a way to make payments without a third party getting involved from anywhere in the world, no such thing really existed at that point and there was actually nothing that would compete with it.
In the case of the metaverse, what is the use? VR? We have VR right now, no need for an extra layer of things when you would simply need to either download the file on your smartphone or watch a direct stream and do the visiting. Interact with others? We have sky and WhatsApp and telegrams, why the f-word would I need to log in to the metaverse to call my wife and ask her to pick some extra groceries? Buy a plot of land? Why the hell would I do that when I could buy a plot of land in the real world!

Do you know why Bitcoin flourished? Because it is quite simple to use it! Why do people use windows? Guess! Why do people use credit and debit cards? Because is convenient, and easy to do, it requires absolutely no effort. Why is TikTok popular? Because you open your camera and do a short movie, upload and that's it, you're an "influencer"! The metaverse...will be a pain in the ass where everything that can be done right now with a tap would require one more action.

If you would need to put a VR set on my head every time you had to order a pizza or pay a bill or send a message to some friends, would you still do it?

As I said, tell me what are you planning to do in this metauniverse?
This! metauniverse:



Nope, Horizon Worlds is not at Ghost in the Shell level of metaverses.