If history has shown us something, can you please elaborate on the reasons why when inflation grows beyond what's expected the same moment the price drops while when inflation unexpectedly cools down more than predicted it jumps?
Because that's exactly what happened three times in a row for now, within minutes and in two cases breaking a continuous trend.
Second, you claim that history has shown us, in what part of Bitcoin history has inflation gone up by more than 3% for more than one quarter?


Well, since I would guess a number of us close to 99% on this board agree that bitcoin will obviously increase in price we should stop talking about anything cause, so what, we know the outcome already!

My point is very simple to understand:
- high inflation, people are forced to cut expenses, to save money, they stop thinking of investment, bitcoin grows slowly
- low inflation, economic growth, people have money, they have the resources and the mindset to invest, bitcoin grows faster

Let's see, inflation rose by 0.1% instead of going down by 0.1% as "experts" predicted.
Bitcoin...



But hey, these things happening three times in a row with just a few minutes apart from the release of the data and the price crash are obviously not related, just as obviously I'm not sarcastic here.

Hihihi, this is just funny.

So after bashing capitalism for three paragraphs we come to the solution that crypto provides to get out of the system , and that's:


OP, do you know what investing your money (aka capital) and waiting for a return on your investment is? 

You think you have managed to find the immortal golden goose that forever from now one will get you a golden egg and the price of gold will keep on rising, same with crypto, you think that (hmm, not nice including shitcoins here), you will get the same returns over and over again, year after year and that the $ value will keep being the same.


Nope

Sep 13, 2021   20,792.36   
Sep 14, 2019   10,345.40   
Assuming your investment 3 years ago with 5.3 now you would have a bit over 10k, and getting the right time, that means gambling, and it's not an investment!

Btw, if people would be able to turn 5k into 30k in 3 years just buy buying some coins, what do you think would happen to the prices of houses when everyone has millions in their bank accounts? 

Oh really?
Surprising to who?
To the guys that were posting things like:


In a few weeks, Putin will walk away with half of Ukraine...lol.
I will not quote your other failed predictions, not the 300 per oil barrel, not the 5000$ per whatever you measure gas future in, not the fact that Europe was supposed to freeze to death, not the fact that Europe has no gas while the deposits keep on filling even without ns2 and ns1 shut down, not the fact that Europe managed to get a 0.8% growth and Russia despite cashing in record money from gas went down by 4%...
Ups, wtf, did I actually mention all of them?

How about you have a full enlightenment moment and you start realizing that the truth is not what Russian and starving Iranian with 7$ a month food tickets propaganda want you to believe? This was the Ukraine army with a bit of help from Nato, no fighter planes, no helis, no MBT, no full range missile and ammunition, just 16 Himars (destroyed 100 times), while the US has ...about thousands of them.

Remember, the USSR went with the same tactic, it disintegrated, the EU was supposed to die twice in 2009 and 2013, but well, it didn't.
Use your head, not stupid shit vomited by people who have never set foot in Europe.


When you leave a full battery of Msta, again a full intact battery, 5 T-72 B3  parked one after the other in intact condition, when your propagandist post hundred of videos of how you're rushing in reinforcements to the front, lol, airlifting, again lol, BTR-D to send the to the front, when on TV your propagandist talked about columns of hundreds of vehicles reinforcing the front to crush the nazis, now...it was a retreat?
Lol!~

My brief half of week experience with the gambling section  

1) Opened a self-moderated [ur=https://bitcointalk.org/index.php?topic=5413000.0l]topic[/url] about horse racing, the self-moderated stuff combined with the fact that you can't post about Lewandowski going to Barcelona for $50m every week to make your quota and the topic is dead.
2) A non-moderated topic asking about what a trifecta is uncovered in less a day a ton of horse racing gamblers, of course, on paper  

Conclusion:
Self-moderated topics won't prevent s&*^

Proposal:

This could be achieved with the cooperation of a few signature managers and with the actual casinos and sports betting websites that really care about people wanting to gamble and not fan talk about Lewandowski going to Barcelona for $50m.

So, how about this change in the criteria of posting x times in the gambling section:
Rather than having 10 out of 25 posts in the gambling discussion section, either keep or erase this altogether but make half of the previous quota to be mandatory about actual gambling.

This means no posts like:
and more like

Gambling websites should be interested in promoting talks about real gambling, about their odds, about their winning, and not fan talk about Lewandowski going to Barcelona for $50m, so this requirement would be in their interests.
Would it cut down spam, maybe, maybe not that much but this is clear. It will make spammers work way harder than just rephrasing their last posts from one week ago and it will help a lot in trimming down those who obviously have no clue what they are talking about.

Oh, did I mention Lewandowski going to Barcelona for $50m?  

Guess the self moderated tag scared the shit out of "gamblers" in this section.



The headline is a bit misleading, he didn't really crack or found a solution to guess the horse races results with 100% accuracy, for example, the famous bet in Hong Kong wasn't a single bet, he put down 51,000 bets, he had a great algorithm but essentially it was a thing about winning more than losing, it's basically getting better that bookmakers at assuming the odds for a horse.
It was indeed a really good one, but it wasn't about nailing down each race from one try.


I haven't had time to post aboout Kempton on Monday, I just went against favorites as I sometimes do when it's about class 4 and 5, but most of the returns were erased by the likes of Aurora Charm 85,000 filly or Picual that run like... in short a 15 cents return to the dollar.

Today it's too late for anything so I will take a look at Sundown tomorrow,

15:50
Most likely Sir Benedict will be the favorite and Gerkin will ease in the markets, so either a forecast like this or a placing for the latter

14:25
Two promising horses, two beaten favorites, Local Dynasty (11/8), Sir Laurence Graff (9/4), but it's gambling right, so Lucky Fifteen , trained by Becket, 200k, great pedigree, Hector Crouch manages to get placings with the trainer horses so let's see it.

15:00
No, I don't bet on this kind of race full of unraced 2yo

15:35
Straight gamble, tricast on Bayside Boy , Escobar , Sinjari and another one with the last two in a different order. Might put one on Sly Madam which is a winner at way lower levels to get a place, she is 25/1 for a win so maybe a 5-8 odds on placing?

16:10
I'll Be There will certainly go down from 4:1, but placing is not getting good returns and it's a bit fragile for a winner, so just put 1$ on it and watch the race.

16:40
This is one I will want to watch, Phantasy Mack on has all the advantages while Savrola is rated as a threat only on possibilities, I will go with that market in this order and watch for the odds tomorrow on distances especially if there is a bet against Moonis, it's a 1m 1f after all.

17:10
Meleri 10/1 is dropping in class, dropping in trip after running out of steam at 1m 4f, and running good enough at this distance. Another $1 for fun bet would be Rikona 5/1 followed home by Miss Bluebelle 9/2.

Heading to Yarmouth for a class 1 stakes my enthusiasm went down reading the profiles.
One of the favorites, Ville De Grace, has a history of refusing to race twice in 5 races so this could turn into a mess and void bests so, down with the full card.

Probably till Ayr and Newbury races on Friday/Sunday I will take a break.

Less than a day at 3.5% up, and at most likely 32T we're going for a new ATH breaking through the last from May at 31,2.
Well, at least the price is also up.

As for the manipulation I agree with mikeywith, a manipulation down let's say would be possible for a few reasons although I have problems with that math on returns also but manipulation upwards? Is somebody getting gear and just plugging it in for a while to rise the hashrate and then throw the miners away? Nope.
And probably mid-October we're going to see another jump, if I remember correctly that was the time for the first s19xp hydro batch, and god knows how many of those were bought and how much they can squeeze out of them beyond factory specs.

And many more, so many into horse racing and I see none on my topic exactly about betting..weird ...
As for how hard it is, I placed like 9 bets in the week two of them as tricast and I got one out of two at 24:1 ods.


Most bookmakers cap the odds on trifecta some at 150 and some at 250, if you go for a tote when the whole pool goes to the winner you get better results if you get a win with very low odds horses. But with fixed odds it makes sometimes no sense to go for a trifecta, for example picking a random race tomorrow 15:35 Yarmouth

For example 3 horses,
Navy Drums  10.0,  Amasova 5.0, Portelet Bay 5.0

You're sure Navy Drums will be a winner and the two favorites will follow him home, a double will be
Navy Drums Amasova at   26.0 and
Navy Drums Amasova Portelet Bay   67.0
For just 250% extra I would take the risk and either bet more on the forecast or put another bet on Navy Drums and Portlet Bay for example.
Just not worth it in this example.


Nope, it's not! If there are 15 horses in a race (which is already a big field for something that ain't the coral cup) there are 2,730 possibilities.

First mandatory step
Don't vote for an imbecile who is all talk promising you everything will be great and he will do marvels in 4 (or 5) years.
The moment the population votes only with the slogans and not with somebody presenting the reality and the mandatory hardships of switching the country to the right path it will be just another 4 years of wasted time and sometimes making things worse.



And where is that happening?
I can tell you for sure it's not happening in Europe and for certain not in the US either.
https://www.statista.com/statistics/985183/size-urban-rural-population-us/

Besides, the whole thing about costs is ridiculous, why would somebody leave a flat in the city because of costs when heating a house in a village would be twice the rent and the heating of a flat? I have both of them, last year I spent like around 100euros on the heating of the flat around 100sq mp and 5 times more for the house although I've been there only maximum 8-10 days a month, the rest of the period the heating was left on minimal to prevent damage.

3d printing? You can't afford to rent in the city but you can go and buy a 3d printer and the material for it?
Gas? So you leave the city behind where you can use the metro or the bus and you go deep into the woods where if an emergency happens you have to drive 100km back to it? What about groceries? What about work?

Yeah, arbitrage is what's making the big money right now, especially if you have time to look for those bets two-three days in advance, but it's really time-consuming and there is little room for error, I simply can't do it anymore. As for the fixed odds I go with the bookmakers, the same arbitrage and high volume exchange are making the differences barely noticeable, and if you want to bet on multiple things you still end with your bookie.

Back to racing, the update from yesterday


As usual, things went messy, Vadeni flopped, nothing in the late race from him, finishing just 3rd and the other favorite later, Homeless Songs, was just a shadow of a horse, not able to pick up at all. Luckily Luxembourg won, so a place bet on it erased two other screwups.

Today races, I was busy so didn't pick a thing for the Irish Ledger, so:


Another favorite bites the dust:

1 Eldar Eldarov
2 Haskoy
3 New London
and Haskoy managed to get a place.


And again the favorite flops and Coltrane beat him to a neck in the last furlong, glad that I went on a place with him.


Trilliing race
https://www.attheraces.com/racecard/Doncaster/11-September-2022/1335

This was one hell of a race and it was Trillium again pulling it out of the fire in last strides. I was so focused on the first two that after a few seconds I was all, where is Crispy Cat??? but he did it.
So got a tricast and a forecast right, and placed the bet while Trillium was sliding so that's a 23 odds.

In the Irish Ledger finally, a favorite delivered, Kyprios winning at 8/11f, but I've not put a penny on any races there. Four more tomorrow but probably I'll update this with Kempton alone since it's late evening and I have time for it.

Just as the rest said, I don't think anyone would have issues with a delay, if you're feeling unwell it's far better to just get some rest rather than stress yourself over things that can wait even one week and you can just catch up next week. I know for sure that at least! two times you paid the campaign out of your pocket to keep up with the payment date although you could have just waited, and that's a deed that can't be overshadowed by such a measly thing as a delay.

If any of those fairytale resources would be indeed there, not like the 1 quadrillion tons of gold discovered in Ghana there would have been at least attempts at mining them in 20 years, right?
If the USA would be that keen on exploiting resources in invaded countries we would have seen them mining them, and they wouldn't have retreated, right? You would have had only US companies exploring oil in Irak and nor the major oil fields run by China and Russia.

It's the same story, if a country gets into conflict with the US suddenly there are quadrillions of trillions of resources that the Americans want, when they retreat from there suddenly it's a different story, they went there ...for popcorn.


Weird how countries that have been helped by the US and have not sunk bank to being religious zealots are doing quite fine, let's look at South Korea and Japan, countries that have been "helped" by Russia and China on the other hand....

It can't be the first time since the first time already happened:
https://cointelegraph.com/news/crypto-miners-in-texas-shut-down-operations-as-state-experiences-extreme-heat-wave

And it was clear in the hashrate
From the start of June at 216.54 EH/s it dropped to 198.15 EH/s only to recover at full speed the moment the heat wave was over by growing to221.72 EH/s the last adjustment.

And you can read about that directly from riot:
https://www.riotblockchain.com/news-media/press-releases/detail/135/riot-blockchain-announces-july-2022-production-and

The thing that matters is on which site you bet, I use betfair as bet365 is really messy when it comes to amended results, if your horse is declared a winner after the race you still lose, if it's promoted to winner yous till lose.
So betfair uses fractional fixed-odds, you put your bet at a fixed odds and that's it, you can bet fixed odds for UK , Ireland or US.

I kind of dislike parimutuel sites because at least in my experience it's heavily manipulated, I saw pools raising 10x times in a matter of seconds and then not moving a penny, kind of fishy, probably from bookmaker to bookmaker.


I use oddschecker.com for the fixed odds, for tote betting you can go to tote.co.uk which covers again both Ire and UK races.

Two interesting races at Leopardstown today, but I'm sitting those out, it's again O'Brien fielding more favorites and as usual there is a mess of it, I've learned the hard way not to bet on or against his horses that have who few races, and in the Champion Stakes is Vadeni race to lose, maybe an 1-2 with Luxembourg for fun.

Made up story to catch a few merits?


Good, then lets' hear the details
What bank, what location, so we can go there ourselves and check if the ATMs are really closed.  


Gmaps link? I'm really curious why you're asking people to see "the reality" with their own eyes but you don't provide any info.
Not even the name of the bank, which is a bit weird.


Doesn't make sense, rather than having to employ people they can easily add another ATM, those are way cheaper than any worker, even if we talk about well below average wages.


Never heard of such a thing in my life, I know of special ATMs that are meant for all the possible transactions including deposits and currency exchange to be locked inside the bank and only available at banking ours, but normal ATMs with a schedule? No way!

Two things here
It's a proposal from the White House IF some things don't work to try and persuade congress to issue legislation against PoW. Which will happen if ever like in a decade or so, maybe the democrats whon;t be in power by that time at all.

But at the same time, comparisons like this are simple, let me be truly honest, stupid!


Let me ask you a simple question, how long will you and your family survive if PoW is banned? What will change radically for you?
Let's now compare your life with no transportation, no industry no usage of fossil fuel. How long do you think the world economy will last?

Yes, there are really stupid things that burn a ton more energy than PoW, I would love to see some numbers comparing how much energy GPU mining for ETH burns compared to the GPU editing clips for youtube and TikTok, but for god's sake, don't compare with stuff without which the world would collapse in a month.Those comparisons are just as stupid as the whole idea of banning crypto mining.


The influence will be minimal because all the countries in the EU and in east Asia that might take further steps already have high electricity prices and the number of miners here is just minimal. I was talking to some friends who are in GPU mining and they've said that even without the Ethereum change the returns are just ridiculous. If I were to mine on national grid prices I would be listing my miners now on eBay in a second.

Only two countries would matter Canada and Australia, both of which have like a ton of energy that can't go anywhere.
But overall yeah, IF this actually happens it would be bad.

Straight to the point, with the disclaimer that most of the times when I give advice in betting it's a disaster, and the only reason why I'm on a positive balance is constant betting on jockey trainer combinations and a lot, I mean a LOT of luck in the last moments of a race. 

This Sunday, three races I'm eager to see

Cazoo St Leger Stakes
Everyone is going nuts for New London, 4/5, I guess yeah, the highest rating, proved himself twice in a row quite impressive but at those odds, it's no fun so I will go with an each way on Haskoy, unbeaten filly, probably still learning but has shown it knows how to finish a race, look entertaining enough for a bet.
Last race of Haskoy (she's near the rail)
https://www.racingtv.com/videos/watch/horse_racing_replays/405877-british-ebf-sir-henry-cecil-galtres-stakes-listed-1

Coral Doncaster Cup Stakes
This is Trueshan race to lose, he did break his record on a different ground but is still an obvious favorite, odds are ridiculous so better focus on the second place, Get Shirty and Coltrane, maybe with the latter coming up on top.

Coral Flying Childers Stakes
Two favorites with different styles of racing, The Platinum Queen 11/8 who likes to race from the front, and Trillium 2/1 who came  last to first twice in row, so completely going nuts, go for a trifecta with Trillium, The Platinum Queen and Crispy Cat. Why Crispy Cat? Because I like her name!  Also placing a bet on the first two, with obvious names.
Trillium last race, got to love how it did it
https://www.racingtv.com/results/uk/402349-goodwood/27-Jul-2022/1500
The Platinum Queen, second last race, just as impressive
https://www.racingtv.com/results/uk/402351-goodwood/27-Jul-2022/1645

Coral Champagne Stakes
Two 10/11 and 15/8 favorites and a three horse race, two horses unbeaten in the last two races, and the third was beaten less than a length by the favorite so this might be quite entertaining but I'm not finding anything to bet here to date.

Not looked at Irish Leger Stakes yet in detail but I saw something like 5 6/4 and lower favorites so, risks without much return..

This topic is about racing and gambling, so I would love to see posting people who know about gambling and how to do, it although I would love also discussions about why a horse is a favorite in this race, ground, trainer jockey combinations,  beating of a horse who was a previous winner, weight advantage. I will only focus on Uk and Irish racing, maybe throw in a few speculations about other Grade 1 races in Australia, US or Japan but I will stick to what I can see live and not stay till 5 am to watch a race.

So please no such thing as New London is a favorite, I'm sure he won because he won in the past.  

Unfortunately, I don't have time anymore to play on the exchange which is where the real money is being made but tips are always welcomed.
Most odds will be taken from betfair or paddypower.
You can watch replays for free :

https://www.racingtv.com/videos/horse_racing_replays
https://www.attheraces.com/replays

Live is available on Betfair on the betting race, I don't know any legit free streaming service that covers all the races as I have the premium sports package but if anyone knows please post it. For other internet stream services, there is a ton of them but so full of ads and crap I will not recommend any to date.

Peaks are quite irrelevant, as consumption in those statistics are generalized for the entire quarter.
So if we take the 188 Twh for the Q3 IN 2021:
https://bitcoinminingcouncil.com/wp-content/uploads/2021/10/2021.10.19-Q3-BMC-Presentation-Materials-Final.pdf

It covers this period:


which is around a 100Exa average.
Compared to this, in this whole last quarter, we have the lowest value at 202Exa, so at least a 100% increase in hashrate for the lowest point compared to an approximate growth of only 33% in energy consumption, to me is a bit of wishful thinking to consider that much new gear has been deployed when the prices for it were though the roof the whole period, we actually have reached periods of 3 years ROI to some s19 versions.

I know those were the devices used but really, look at the situation, they grabbed the mice and keyboards and power cables and put them on a  table, I understand the mobile phones and the laptops as proof since obviously there are way too many phones for 4 individuals, but the power cables? Why not grab the chair and table they were sitting on while doing the scam? Why not grab the sockets from the wall and the copper wire which enabled the scam also?
My point was only on the stupid show-off, like when you have a murder and you proudly present a knife in the picture, of course, labeled "knife" since not everybody knows how a knife looks. This is just stupid!


A lot of them get easily caught, the only problem in finding them is that they reside in countries where they don't really give a damn about scams, it's not about the traceability but the share unwillingness of the police to do something.
I'm pretty sure these guys would have got away just as easily if, and I'm 100% sure we will find just a few weeks later, woundn't be spending money like crazy and buying tons of stuff while being probably unemployed. What's stopping them from leaving Bangladesh, going into a foreign country with BATM, withdrawing or dealing on the local market and getting all the fiat they needed? They don't even need to come back!