if you are going to draw lines on charts actually do it

you take the top point of a point and then cross THROUGH candles for the top line meaning the line is not following anything

as for the bottom you dont take the bottom point. you cross through candles. and then dont use any points along the way..

all you want to do is make the apex hit the current live price without actually using actual meaningfull points before it.. making the line meaningless

try better next time

think about it this way.

$500billion money print is only $1500 per person of Us 330m population(covid cheques)

but a basic below min wage pension would be about $15k+ a year.. for a decade thus over $5trillion. (basic math 10x last sentence numbers x 10 years)

i know an average life expectancy is 80 years so out of 330m its about 41m pop per decade pension utility
meaning that is more like $6trillion per decade just to supply basic minimum pension allowance

many peoples pensions are worth alot more then $15k a year($6trillion a decade)

remember folks
for each buyer there is a seller

meaning it may seem like a institution buying big is a sign of buyer support.. but equally there are equal amount of coins being sold at same time which can also be sign of seller pressure

so dont take anything on face value. especially by the time it hits media.. because the actual demand/supply was dealt with before media knows

EG elon bought in december 2020 but news only began in february 2021 and market speculation occured there after which they wanted to blame elon as causing it

ever since 2008 the main next crisis would be the state pension crisis and private pension crisis

its beginning to happen now, raising the pension age because government and pension funds dont have enough money in their reserves to pay all current old people

also they are pushing to get the under 30 age demograph to start saving for pension because most under 30yo's are doing part time, zero hour contract, gig economy types of jobs which dont come with pension plans naturally

less people at the young age are depositing into pension reserves vs the more healthier longer surviving older people who are taking more out of the reserves
....
though they have already put trillions into the upper echelons of private banking but those phases of QE of 2020/2021 were more about bolstering the GDP numbers using debt as assets to keep certain countries at top GDP rankings to stop china from overtaking them in rankings (you can now see phase two of that where UK/US/EU are reducing imports from china to reduce chinas GDP growth competition, because the QE did not help much long term)

however this money went into private bankers bonuses rather than refilling pension reserves

so with inflation caused by the QE of 2020/21 exceeding the pension pots aim of 2%, those pension reserves are depleting in goods/service value meaning those retiring cant afford to retire

so there will be a QE of pension funds if they cannot get more younger folk to invest in pensions and less older folk taking pensions

heres what most people dont know

when using a mixer yes you are flagged but its not a yes/no flag. its a number/%.. they are not interested in getting a human involved to do an investigation at business(CEX) level unless said number/% reaches a threshold. but they do put you on a certain level of evolved algos to monitor different thresholds more. monitor customers more as each threshold passes
up to a point where thresholds reach a certain level where they would then try to gain more info about you

for instance it costs a bit of money to buy data from other partners/businesses they know/associate with. so they wont waste money buying all details of everyone(unless they are bulk data dealers)

so if your just depositing $10 they wont waste $1 trying to find if you have other accounts on other CEX and your flag rating on those services. however the more you do the more thresholds you reach the more intensive their scrutiny becomes

so someone that is high percentage normal coin movements small percentage mixed several taints back is a lower risk threshold than someone who puts all their funds through a mixer before then depositing into an exchange

and if the value of highly mixed deposits is high enough to breach tax thresholds and border crossing thresholds then they start to gather more information and do investigations. and if in those investigations they see some criminal tracings of funds they report it to authorities
they wont reveal all the thresholds of each level but atleast knowing that they dont investigate everyone is obvious because to watch everyone takes many many people and most businesses and authorities do not have enough personnel to watch everyone

meaning that "government" dont see or watch or receive data about everyone. just the interesting highly suspect stuff that reached a certain threshold that has met some standards regulators require

and regulators in formal legislation DO class using mixers as a red flag. meaning the more you use it the higher the intensity is of being on watch lists where actual humans start investigating. compared to someone just depositing $100 or $10 a week into an exchange from their own employment income accounts

if state laws say highways should be used by cars and motorcyclists at certain speeds, trucks to a certain weight/height limit, driven by responsible people following the highway code.. and then tanks driven by monkeys travelling down the road would usually get state patrol involved to question why they are using the highway causing issues for other drivers.. but then we have doomad saying well lets have no highway code and let everything imaginable use the highway including monkeys driving semi trucks.. get rid of state patrol, have no rules

rational people would look at doomad and realise doomad is the idiot who does not realise the purpose and safety rules of the highway code

here in the UK pedestrians and bicyclists are not allowed to use the motorway. but doomads mindset is to say that motoways should from 2021+ allow pedestrians to stand in the middle of motorways holding up traffic causing congestion and delaying transport. yea he will say its not a terrorist attack. but the reality is that it is a attack on the transport network. just nor "terrorist" one. and no we should not just leave it up to the petrol fuel market to decide what people should use the motoway for.. the whole point of the highway code is because the fuel market does not help decide what is safe and purposeful for the motorway

doomad doesnt want efficient highways he wants rule breaking so that when he (a rule breaker) gets caught he can shout "but everyone else breaks the rules so dont write me a ticket, let me go officer, im just like everyone else"

he doesnt think of consequences or even actions and reactions caused to and by others. he just wants to ruin things for his own sponsored scripted salespitches

his end goals is to destroy highways and try getting people to use 'super fast' Locomotive Network of trains that have to stop at many stations and require many tickets per trip

he wants the highway network to bottleneck and cost more to transport, even though the locomotive network he loves is that network that bottlenecks the most

they dont though
by simply using mixers. gets you highlighted

real the regulations and polices of financial businesses. realise mixers dont hide you but get you put into the sights of overwatch

ok imagine this simple thing
imagine a busy street with people walking up and down sidewalks going about with their day. then there are 2 guys with suitcases.
one guy just goes about his business as usual another guy has been instructed to run behind bushes, stay in the shadows. duck behind cars.

now guess what.. everyone on same sidewalk will think thats silly movement is the odd behaviour
yep the one trying to hide is the one that stands out

now the guy trying to hide has many people looking at him wondering what peculiar movements he is doing. now they are curious wondering what he is upto

yep by actually trying to hide gets you noticed.

understand that fact of life.

putting aside the other silly bad PR campaigns of mixers. and whos pushing them hard. just using a mixer creates a red flag when using financial services.

again the OP forgets the basic math of bitcoin

hashrate and difficulty is not based on the value of a transaction. its based on the participants wanting to claim rewards for doing a job

if lots of people want to be miners even if blocks are doing "empty blocks"(no transactions) they are still looking to get incentive for their work. which then plays onto the market economics.

the economics of bitcoins market price and underlying value cost of that market. is not set by how much someone transacts peer to peer. its based on other factors and variables you have yet to understand
please take time to learn it all

for instance u done a 10min formulae not realising bitcoin does not miner in 10 minute rule
the actual rule is to attempt 2016 block a fortnight. which my average down in human visual articulation as average 10min. but thats not the rule itself


so while you want to throw around meaningless formulae unrelated to bitcoin economics/math and wanting to change the mining algo to not be efficient at sha256 you are missing all the points of bitcoin, its efficiencies and it economics that are already at play

actually please try to understand the math that already exists to make bitcoin work. and stop trying to break bitcoin to then think you can then apply something different.

your not solving problems. your trying to cause issues and then take things in a different direction while ruining the initial purpose.

you are too involved in showing off bad math rather then understanding existing math utility

yes there will be sidechain in the future that people can peg-off to where the pegging is more secure then the silly smart contract subnetworks currently overpromised/promoted

but your plans for the different mining factors does not fit the math of bitcoins current mechanisms, math or economics

satoshi already came upt with a simple solution for the value lock immutability risk. .. wait 6 confirms for large value wait 1 confirm for small value, and none of that disrupts any economics of the markets or mining function

again as said in many topics about mixing. people forget that regulations are real ,. READ THEM and learn

its not about the fud of simple buy a candy bar and be treated as a criminal if you cant prove provenance of funds

its about a % risk where there are thresholds

if a kid handed a $100 for a 99cent candy bar asking for $99.01 in change THEN the store would question the $100 bank note and double check its not a counterfeit
if the kid handed a $1 bill the cashier wont care and just give the kid the candy and 1 cent without thinking twice about it

and yes in drug infested cities of street dealing kids, candy stores do raise their eyebrows when they see gold bling wearing teens hand out $100 bill like confetti
and thats even for candy stores not regulated to KYC customers. shop keepers till get suspicious. they accept it but they do get suspicious about the $100 bank notes and the shop keeper then keeps an eye on that customer if they are a regular and start to ask about their life because its out of the ordinary

i do laugh that the quoted person wanted to compare mixers to candy stores... but oh well

with exchanges its the same your given a risk rating.
if all your deposits are all mixed sourced then you have a higher risk rating than someone that does not use a mixer
meet a threshold and they start to look closer at you

deposit $10. dont worry.. however deposit $1k-$10k-$100k, then expect to be on a watch list with more involved investigation reporting the higher the risk/amount is
government, regulators and authorities dont chase after criminals or suspects over $1-$10. they want the big fish

the thing is.
anyone can start a OTC (darkpool) spot ETF now. infact its what grayscale are doing now. but then putting in stupid "no redemption" policy stuff to lock people in

but grayscale want to be listed on the wallstreet listings.. and that comes with higher criteria of stable-ish trade variance where prices dont move 5% in a day every day

the SEC like stable variance not volatility. they like day traders getting the ups and downs of 0.1% whi;e investors only accumulate 5% a year

they dont want to see winners and losers of 5% a day and so they are hesitant to just allow a bitcoin spot etf.

alot of things have to be put in place like "circuit breakers" that stops trading if a x% variance in price occurs in a short period or getting the ETF to not be true spot but just "yesterdays close" trading of each day

along with wanting the presumed gained trust of an established regulated institution being on point as the first mover advantage

grayscale is trying to act like "we deserve to be wall street listed because we are a company" thinking its the only pre-requisite needed due to "freedom". however they should really work on redrafting their proposal template of offering and booking a sit down talk with the sec(lobbying) to really have a face to face discussion with those in charge of decision making to actually find out what template proposal would work

remember exchanges are red flagging suspect coins according to regulation policy. same said policy created by the financial action task force. the same teams that enforced financial task forces to seize the coins years prior. 

exchanges would accept coins deposited from known government agencies even with grandfathered taint of silk road
because the government had now whitelisted those coins by seizing them

as for greyscale. though i see the SEC dragging its feet. i also see grayscale not really sprinting to a finish line.. they to are treading water and sinking with each season that passes..

i still think that it will be a big institute like blackrock or jpmorgan that will get first mover advantage of a spot ETF. once the SEC have been lobbied by the right types of banker people to form the right walls to monopolise the market

bitcoin. binary data. numbers. math does not count sats the way you think casey prescribes
economics logic, math, common sense shows different to what casey says.. its not a franky opinion. its a data fact you can research and see

just do so at data level not PR campaign buddy eli-5 spoonfeed level

casey project of adding in memes into the dead weight area of a transaction uses a trojan exploit of an opcode(of many new opcodes added recently) to just auto treat as passed/success without validating it to any protocol format of requirement. its blindly passed rather than having to meet a requirement
learn the difference

for instance a legacy signatures have to meet requirements such as length limit. such as having a relationship to an input and the message hash calculations of signature proofs etc. a meme does not need to meet any format or standard or requirement its just blindly let passed due to an exploit

the thing about a btc ETF is that once one is approved every institutional finance company will copy the template of terms of the approved ETF to get easy sign-off and approval themselves, and so once that snowball starts there is no stopping it

my belief is the SEC wants one of its trusted boysclub wallstreet brotheren to be the first. but that means setting up the high walls of admittance to stop small players competing and starting said snowball. so SEC is delaying all it can with many reasons to not approve outsiders first, to give them more time to get all its decks shuffled and aligned and the right preferred players on the table.

after all he who gets first mover status and holds it long enough, recruits the most investment customers and once those customers are settled they wont want or need to move to other small players if all players are all pegging to the same bitcoin price and thus giving the same gains

speculation:
im just surprised that the SEC and the law enforcement that holds alot of confiscated coins are not doing OTC deals with institutional banks to fill their reserves to set up the first basket offerings .. or they probably are but just not publicised yet

bitcoin HAD tight rules to protect people. it also had tighter rules to stop core from reigning supreme. core added a hole that does nothing more than allows bloat and loosening of the rules and now they want to pretend they are not involved to avoid closing their own bug

if you think adding bloat monkey memes(breaking bitcoin purpose) is a feature. then you dont understand bitcoins purpose
and funnily enough you love cores moderation censorship that stops random people changing the rules. you stupidly think casey filling in bloat is freedom. no because the rules are still controlled by core even though they now dont want to fix the rules they loosened.

even luke JR cant even introduce a fix into core due to the moderation censorship rejecting any attempts by anyone trying to fix the hole

users can USE the existing rules of the protocol. but its now core and only core and their tribe of corporation sponsors that get to control the rules.. and no caseys project is not a protocol. it a weak assed app

but if you think adding crap into the blockchain unrelated to bitcoin payments is part of bitcoin. well you might aswell throw altcoin tx data and all the social security numbers of mixer users and their photos into the witness area and have multiple coins logged on bitcoins blockchain and totally ruin the monetary supply available on the network

there were clear reasons why bitcoin code was suppose to VALIDATE data and fit a purpose. but now having so many validation bypass "isvalid"(op_success) crap is not what makes bitcoin great, it makes it worse

different things for different reasons

gambling is trying to get wealthy via high risk

people entering bitcoin can do wiser things to increase their wealth. by hoarding bitcoin. but to then hand bitcoin to a service who in most cases has algos where "the house always wins" is not wealth creating. its the DREAM or the pursuit or the fantasy of wealth creating. where in over half of cases people lose. yep for each winner must be a loser. and the higher the multiplier win reward of gambling is, means the more losers are needed to fund the winner.

bitcoin is different. bitcoins risk management is different. avoid putting funds into third parties promising riches
i can guarantee you no one went from rags to lambos via gambling

..
mixing is a fake promise made by criminals desparate to grab innocent peoples funds and palm off criminal gains on those innocent people. leaving the innocent people holding the bag of red flags that make services suspicious.
mixing DOES put people onto watch lists. its in regulations in services own polices. its not something you should ignore even though the criminals think its not a thing. all they care about is recruiting innocent people to hand over funds. they dont care about the innocent people after handing them ill gotten gains.

..
cex's if regulated will pass on details if you are flagged for suspicious behaviours. this means if you stay clean "government" wont know about you. however CEx and any service can and does sell your information to other businesses, so read their policies to see what they do with your data. and if you dont like the terms. dont use them. especially the ones that mention things like "we can close your account for any reason without warning"

independant lifestyle
- jetcash income is government social security benefits

off the grid
-jetcash still pays energy companies(diesel)
-jetcash still registered to vote
-jetcash uses debit cards that trade his purchase history for rewards

questions banks and politics
-still votes
-still uses debitcards
-still leaches off social security

i agree you are a nomad.. not a digital. just a normal nomad like a traveller, gypsy, pikey wannabe
you have yet to escape reliance on fiat handouts to survive. you are yet to be a bitcoin maximalist, independant, self sufficient

you have made the same claims years ago but not evolved your lifestyle. i bet you are still microwaving diseased fish you find floating around
if you think charging your phone at asda(walmart) is independence. you have much to learn

i too travel. but i dont limit myself to a county. i like boats, planes and trains. right now im not in england and so i dont have to pay council tax, i dont claim benefits and i am self sustainable via bitcoin

have you ever thought that with all your legal battles you fought, might be where you have been causing crap and stress to your life, beyond whats needed.

as for your friend fighting those fights it seems you and them went down that stupid "freeman" rabbit whole fantasy rhetoric that went viral years ago

have you not learned the methods to escape your county and actually travel the world in a true non domicile way of all tax laws. learned how to actually be truly financially independent instead of dependant on supermarket cafe's just to keep you fed and charged

i know people that use a basic skill like window cleaning. they go travelling and approach farmhouse shops and offer to wash all their windows in exchange for prime steak a £10 steak in exchange for 30 minutes work
they go to independent petrol stations and make the same offers for fuel or confectionery, living the cash in hand life

if after so many years of utilising bitcoin you have yet to sever your ties to needing social security handouts, and steal leaching electric from cafe's. you have yet to reach the potential life you pretend to aim for.

dont get me wrong i fully enjoy the same freedoms of travel and lifestyle as you. but with you scrapping by, dependant on still so much, you are still prisoner to your own surroundings

being stuck living in a prison the space of a van is not true freedom. its just a different prison. yes it has wheels. but so does prison transport vans.
this morning i woke up in a kingsize bed. looked out on the balcony as the sun rose and then went for a dip in a pool
i dont need to worry about making the bed or doing the laundry. maids get paid well for my habits

i didnt have supermarket coffee. nor microwaved fish..
for me it was a british breakfast in a non british country cooked fresh, i had beans on toast, sausage bacon, a glass of orange juice and a hot chocolate(the real kind) and never needed to use my debit card this week. (thank you bitcoin)

heck with luggage fee's these days. and laundry costs. its cheaper to just buy new clothes in each destination. thus less baggage to clutter my life and ends up cheaper too

one day you should try to escape the sights and smells of england and broaden your views, dont be stuck in the system

well those types of people dont know what value is in the first place. i see many people that still think VALUE is whatever people ask.. but its not.. they confuse price with value
values are based on actual utility, features, benefits, which then when working out costs and such can be financially measured. and then add on a premium for profit you then get to a price.

its then for others to also evaluate the features, benefits and utility and calculate their own cost and speculative premium they are willing to pay. where both sides eventually come to a mutual agreement

but if they are lied to about the utility/features. then they made bad valuation decisions and that hits them afterwards if they buy at the wrong price that is way above value


the person that created the monkey is not the perpetrator. its the real world people using their images to sell merch to the real world where copyright claims come in. and real world, seeing your creation being used by someone without your consent is where you track them and hand them cease and desist letters with warnings of court claims should they not desist

and yes. casey could one day pull the plug on his project. and claim there is no proof of ownership transfer on the blockchain and start suing anyone making claims that they own his monkeys where all the blockchain actually shows is casey made the monkeys and passed it to no one

and yes in the past in different sectors of industry some have done that. created a product pretended they gave rights to others to sell the product. let them sell it and then sue the end seller for lack of licence. because that was the whole scheme in the first place

..
anyway back to the topic

for it to all fall flat at the same time reveals that its not millions of random people making deadweight. but a small couple of people that just ran out of energy/funding, which is more revealing about that chart

if random people were doing it or more then a couple. then there would always be a persistent level of random memes.. but for the complete drop, well that shows only one idiot or a couple of idiots working together that are involved in the fee attack using memes as the weapon

yes and no

trying to over hype bitcoin by hiding the issues as dirty secrets by trying to make bitcoin sound like perfection.. makes people think its a "if it sounds too good to be true, it probably isnt good" so some wont use it just from overhyping it,
but if others then use it and then notice a few things off.. is a faster way to lose them too

however being upfront and warning them of the issues and realistic expectations along with all the benefits allows them to make responsible decisions and not get surprised later

i see too many idiots try doing overhyped utopian promise style PR campaigns for silly systems, they have no clue at all about how other people think and what other people want to actually know about something they want to invest in. they are too greedily interested in just recruiting people in just to grab value from them on those other systems and not caring about long term consequences of that person

..
what you realise from just this forum is. the idiots of this forum think they need to be on salespitch snake oil salesmen speech mode telling newbies the utopian dreams of different services, niche systems and such. but what they never realise is the newbies on this forum are actually on this forum because they have already heard about bitcoin. thus no sales pitch needed. the newbies are actually here to find more information. they want to know the risks and features.. the benefits and even the pitfalls so that they can get educated properly. and not lied to and overpromised things and then end up losing value due to those lies

a fair balance of facts is best. both pro and con. then people can make up their own minds and delve deeper doing their own research. rather then being spoonfed dreams while being taken for a ride

yep that too
and that those monkeys are not worth anything but scammed to appear as worth more per monkey than 1btc (triple facepalm)

there have already been bitnotes and casascious coins

they work by having the private key hidden under a tamper proof seal that way you can see a public key to see the value is there but the seal hides the private key to not claim digitally unless seal is broken

yes it requires ensuring you got them from a trusted source and someone didnt just print a public facing label of a randomly funded address with no private key underneath.. and yes you got to ensure no one just printed hundreds of notes/labels that have the same keys..

but all in all it has been done and people have successfully traded in the physical world within a small group of trusted face to face exchanges