First, there isn't any known rule or law guiding how merit should be used or sent around the forum, there isn't any rule forbidding or stating that two or more parties can not merit themselves if their posts are worthy of it, so personally, I see nothing wrong as long as their post are worthy of the merit(s) they received.
But if merit is abused, it should be posted about on reputation board so others can see it too. This forum does not against sending merit to any pos, but if merit is abused, there is nothing bad to give such accounts that abused merit to be given red trust. Seeing someone like that, nothing bad to bring it up here for discussion to know if other members will accept it true or not. |
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Putin has threatened so called unfriendly states to pay in rubles or have its gas supply shut off. It has said it doesn't buy things for free and so isn't going to charitable with its energy.
It will only take time, Putin is not doing his country good, he can look like he is winning now but the future would tell. I wish Russians to see what Putin is getting them into. To be honest, if European countries don't want to freeze to death then they inevitably have to obey the rules set by Putin. This step actually looks cruel but I see this is the last step from Putin to escape the sanctions imposed on Russia.
It is totally mandatory but let us see what will happen. The EU and other European countries would have been strategizing what they will do, but I lack any comment about this for now and you may be wrong. |
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Gold is (or was) a big threat to the governments. That's why they left the gold standard years ago.
Exactly what I meant too, it was a big threat that is now widely acceptable all over the world. Let us be expecting this about Bitcoin too, which is already happening though, but not in China and some other countries that want full control and not thinking about the economic impact of bitcoin. Bitcoin is (probably) a threat too. That's why the Chinese banned it. (at least that's how they see it)
Facebook is a threat to China, other social media like Twitter, Instagram are all a threats to China. That said, also anything decentralized would be a threat to China, there is nothing that China what about this than to have a currency they can easily be control and they make digital Yuan and fully banned cryptocurrencies. |
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Well, it's not exactly a lie to say that crypto can and has been used for illegal activities, it's just that the argument is an appeal to stupid people who'd accept that line of reasoning as a justification for a ban on (or heavy regulation of) crypto. Incidentally, that same argument has been made since the early days of bitcoin and I'm surprised that a world leader is still repeating it.
That is true. What I noticed are the central banks, while also bitcoin unfriendliness can be directly from the government, the anti-bitcoiners, full of bitcoin criticisms. Fiat has been used to sponsor terrorism, used in money laundering, nothing bitcoin is used for that fiat has not been used for before, all because they are all valuable and easy to spend or transfer. They are supporting their fiat but against bitcoin. Let's accept it. Crypto is a threat against the governments. Would you turn your other cheek if someone slapped you in the face? Not everybody believes in that crap and I am pretty positive China don't too.
Bitcoin was said to be scam when it was created, but later becoming acceptable and mayy governments of the world accepts bitcoin now. I am saying this to imply that crypto is a threat to the government is not entirely true, only few countries ban it. If a government willfully likes crypto then either their own local currency has already failed ( which is true for El Salvador) or... crypto isn't a threat at all.
El Salvador made bitcoin a legal tender does not mean they are the only bitcoin-friendly country, there are countries like US, Canada, many countries in Europe, Asia and Africa that are bitcoin-friendly. If crypto isn't a threat to the governments, then it means it doesn't work!
If a government support cryptocurrencies, crypto companies will be in such countries, there would be other developments. Cryptocurrencies are not threat, but the government are newly exposed to it is the reason for ban while some could be because of politics and maybe religion. Why would any government support a currency that wants to kill them? Don't make sense to me.
How would cryptocurrencies kill the government? Gold and many other assets did not kill government. Why cryptocurrencies haven't kill them all in countries that are friendly with it? They are progressing and also bitcoin is helping those that hold it. |
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What the next move is Bitcointalk is going to introduce some new Rank fro the users having more then 6000 + merits just trying analyze what is the use of merit after the Legendary Rank?
I too have been thinking about this, there should be some specific members that should be awarded a rank that is not common at all that is superior to legendary. Example are people that have 10000 merits already. If I should say my mind, there is nothing bad if people like theymos himself, LoyceV, The Pharmacist, DdmrDdmr, pooya87, o_e_l_e_o and some other members are awarded a ranked that will not be easily attainable because they have worked hard on this forum. Even if some people among them do not qualify for the rank, there is still high chance that they would later qualify for it. Theymos, please think about this, just an awarded rank for people that have gotten to certain number of merits that many others have not and may not achieve. |
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With regards to Hungarian president being a fascist, I think his fears are well founded. This is because not only is the crypto market able to disrupt the economy of a country on the down side, , it could also be used to sponsor the illegal world and possibly terrorism. This are just lies on bitcoin (also other cryptocurrencies), cryptocurrencies supposed to have disrupted the economy of the developed nations that supported it. Also cryptocurrencies open opportunities for people, even in Africa. Terrorism and money laundering have been existing before 2009 when bitcoin, the first cryptocurrency was created. Even fiat are used for illicit activities than cryptocurrencies. China being one of the fastest growing economy and one of the major drivers in the crypto market bans bitcoin only to begin developing its own sovereign digital currency and which I believe would have a very tight administrative and capital control.
Not only bitcoin was banned, other decentralized cryptocurrencies were also banned and China adopted digital Yuan. China is very centralized and like control. |
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The US have tried their best by giving Russia sanctions to see if the sanctions will easily change the mind of Russia to end the war but with all the sanctions Russia do not care if it will affect them or not, they are still holding their decision strong and not ready to give up. The war may end up if only Russia get what they want, right now for the war to end it only depend on Russia .
I think Russia has been planning this war for years, probably since 2014 when it annexed Crimea, or some years not long after, they know what USA and European countries can do and they have prepared for it. I saw recently that the collapsing rouble is now increasing back and has gotten almost to pre-war price. Russia definitely prepared for the war. |
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The much awaited fixture Ghana - Nigeria is tomorrow. This is a very tough fixture. Super Eagles are pretty much strong. Every other department seem sorted out. We need to control the midfield, Ndidi is going to be absent in tomorrow's fixture. We will have to find a way to manuever our way out of the jungle.
After playing a no goal match in Ghana, we all thought Nigeria can win the second match, it was a hard match, Ghana was leading but Nigeria had penalty which was scored by William Troost-Ekon. Next NPFL lead fixture (April 03, GMT +1)Akwa United ? - ? Rivers United FC Enyimba ? - ? Wikki Tourist Gombe United ? - ? Kano Pillars Katsina United ? - ? Abia Warriors Kwara United ? - ? Remo Stars Lobi Stars ? - ? Enugu Rangers MFM FC ? - ? Heartland Owerri Nasarawa United ? - ? Shooting Stars Niger Tornadoes ? - ? Dakkada FC Sunshine Stars ? - ? Plateau United |
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This war started being very tough when the NATO group fortified the Ukraine people with more weapon and fighting machines and some volunteer came back to fighting the fight for their country home.
No, the war started when Putin says he is not invading Ukraine but invaded Ukraine, yet calling it special military operation. Nato couldn't do anything than to help Ukraine. If every leader's ego could calm down and thinking about their citizen , maybe this war could end immediately.
The war is not about emotion or ego, it is about securing territory. Ukraine says he will not join Nato again but yet there are still some disagreements. I agree with this. This war would not end if one of the parties had lost, meaning if Russia successfully invaded Ukraine, then that would be the time that the war ended. This is what we should be expecting now since, as you can see, Putin is unstoppable in invading Ukraine.
Putin is unstoppable to be damaging buildings but he did not conquer as close as Kyiv is to Belarus and Russia, Russia military invaded through Russia border and Belarusian border, yet Russia military is unable to conquer Kyiv. |
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theymos can not force people to be a merit source. Actually: he can  That is true, even I come to think of it, if theymos make a user a merit source, the user will want that. Almost everyone will want to be a merit source. It seems like a good idea to me, and I think it goes along the lines of decentralizing the system more, which might seem like a good idea to Theymos, but we can't be sure what he will think.
This forum is decentralized to an extent but not actually decentralized but working perfectly. To increase the merit source from 111 to 200 or 222 does not means it adds to decentralization, still theymos will be the one to allocate smerits to merit source. If the merit system we are using now is working perfectly, I do not see any reason anyone should bring a proposal. What was merit meant for? To eliminate low quality posts and it is working perfectly, yet new members are ranking up. |
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There is live updates about Ukraine war on news like BBC and CNN, try and read such news than reading rumours, no news related to that yet, if Vatican want to start accepting ruble, it will be on the news. There is no option for to get gas from Russia but to buy rubles to buy gas.
This is impromptu, the reason EU still depends on Russia fossil fuels, EU promise to stop import from Russia by 2027 (I do not remember the actual year but I know it is not more than 7 years from now). I wouldn't say “there is no tragedy in that.” because the conflict affects the EU countries that relies on gas from Russia.
That is true, but there are alternatives which they want to go for now. |
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But bitcoin on exchanges have its own multichain too, like BSC which would be of low fee. You can use this while sending from one exchange to another. But if you want to move your bitcoin to noncustododial wallet, you will need to use the real bitcoin address that only start from 1, 3 or bc1, all other chains are not bitcoin blockchain and not actually bitcoin but altcoins pegged to bitcoin price.
On noncustododial wallet, bitcoin transaction fee is good unlike on exchanges. I am not a Coinbase user, but I have used four exchanges before, there are some altcoins that required just low fee, examples are litecoin, or using USDT on Algorand, Solana, Tron or BSC chain, they have low fee.
You can try algorand for USDT but only few exchanges are supporting it.
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Probably more people are vulnerable to online attackers and wallet to be compromised. People should know that a wallet on browser is just a web wallet and web wallet are not secure like other types of wallet. The more people are seeing it easy to use a wallet like this, the more hackers would be able to compromise wallet.
If anyone want to use this wallet, the person should only keep only the amount of bitcoin or other coins he is able to afford to lose on it.
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To start getting more sources, you should consider this: If you want to be a merit source:
1. Be a somewhat established member.
2. Collect TEN posts written in the last couple of months by other people that have not received nearly enough merit for how good they are, and post quotes for them all in a new Meta thread. The point of this is to demonstrate your ability to give out merit usefully.
3. We will take a look at your history and maybe make you a source.
I am especially eager to have merit sources in sub-communities such as the local sections. @m2017. How many people have applied yet to be a merit source, just only four or five people, theymos can not force people to be a merit source. If 90 people apply for merit source today, the forum posts can reduce. This way is the best way, if you are established on this forum as theymos said, you can apply for a merit source. It can take time before theymos may choose merit source but he will still choose new merit source if sending merit on this forum have reduced. We have merit source makes us have quality posts, what matters again? |
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I think another factor that might have led to the postponment is as a result of the dip in the recent price speculation and now that the market is going up again it much likely they may launch it earlier than September.
I think it should more be because of the war. Although, Bitcoin have proven itself to be valuable during war in the past and also in this present Ukraine war. But El Salvador may find it difficult at that time because they can be thinking the war could escalate into world war 3 which could be a good reason for the delay at that time. Bitcoin has been helpful during war but nobody knows what could happen if world war 3 begins, although not likely again. It should not be because of price dip, even if bitcoin price dip the more, it is a blessing because it would rise back. |
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Who funded Russia? Are they not the Wests? After Russia invaded Crimea in 2014, the Wests are still buying oils and fossil fuels from Russia. They showed they depended on Russia when there are many available alternatives. West can be said to be the cause of the war. I expect all imports from Russia into Western nations should have ceased since many years ago. Then, Russia would have not have such power and weaponry they have today.
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What do you think about testing this project?
we expect to have a significant impact on the bitcoin market going forward.
It would be a good project. I am not certain about how mining and crypto market are related, the existence of one is making impact on the other but mining is not directly connected to bitcoin price increase or reduction, though some miners can close down if the price of bitcoin is reducing, so bitcoin price have influence more on mining than mining having more influce on bitcoin price. If this article is true and Exxon really does get into the BTC mining business, it probably would be profitable for them. But one problem I see is that they have so much cash they can throw at the operation that they might end up with a bit too much hashing power if they decided to go that far. Maybe somebody with actual mining experience could set me straight on that point and tell me if I'm wrong.
That is true, there would be increase in hashrates, but if people continue to adopt bitcoin, miners would not have to be worried. If mining is not profitable for some miners again, they will close down in such a way mining will still continues. As far as their choice of location, they picked a good one. North Dakota has got to be one of the coldest states in the US. They might have done better in Alaska, but maybe there's some tax advantage in ND.
ExxonMobil is also considering similar pilots in Alaska (USA), Nigeria and Argentina. What I like about it is that gases that were wastes before that were burned would converted to electricity to mine bitcoin. |
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3) If Bitcoin Fails, Big Government Wins
I can't say this because many big governments like USA, EU and many countries in Afrca support bitcoin, many governments do not accept bitcoin but accept their citizens to trade it, but anyone trading bitcoin in such country is on its own, but allowed. Only few countries banned cryptocurrencies totally, countries like China. Bitcoin can not fail, especially not because of fiat that bitcoin will fail because fiat held today will have less value tomorrow and the more times passes, the more fiat are worthless. Most countries in Africa don't permit Bitcoin transaction down till this moment, not even United States and most European countries. Bitcoin has come to solve problems fiat hasn't not to compete with fiat, the rapid adoption of Bitcoin fiat will loss it's value gradually. "don't permit Bitcoin transaction"? Including the US and European countries? I'm sorry but what are you saying? In certain US states you can even pay taxes using bitcoin, and in Europe there are several crypto-friendly banks and physical places where you can buy and pay directly in cryptos. That is definitely a lie, only few countries is bitcoin banned in Africa, North Africa are most hostile to cryptocurrencies as four countries in north Africa totally banned cryptocurrencies. While the west, east, central and south Africans are not hostile to the use of bitcoin. Some countries only implicitly banned bitcoin in a way the government still allow the citizens to use it just like Nigeria in West Africa, but only in p2p transactions, not direct bank transactions. |
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I don't think Bitcoin is a safe haven asset yet, Bitcoin can still be volatile in many circumstances, prolly somewhere along the line it could be a safe haven asset. But that doesn't mean it is not a great hedge for fiat devaluation and depreciation, it is, because even after every correction phase/dip, it always rises back up in the long run and it will even earn you profits on your funds you hedged from inflation in the network.
Bitcoin is a speculative asset, many investors yet do not consider it as a safe haven, but if we check this, it is not totally true. Like the El Salvador that bought bitcoin at a price around $50000, or some people that bought bitcoin at all-time-high, bitcoin later decreased, but they have nothing to be worried about, only traders should have someone to be worried about, not long term investors, the price of bitcoin will still later reach all-time-high and reach six digits. It can be said that if someone want to consider bitcoin as a safe haven, he should hold it for at least 4 years or more, then bitcoin as a save haven or store of value would be realized by the holder. |
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Literally, some assets has been going down in value including fiat and cryptocurrency due to inflation and other issues around the world.
Fiat can go down because of inflation because government control the price and reduce the value of fiat themselves, bitcoin is not controlled by any government and in long term, the value will increase, it is a deflationary asset. So it's a little difficult to recommend crypto for invertors to hedge their funds since all almost every crypto asset is going down in value too.
You are using short term for your speculation, check bitcoin price in 2010, 2013, 2016/2017, 2020/2021. You will understand how bitcoin price has been increasing, it has been a net increase and never ending yet. But I still believe that investment in digital asset (cryptocurrency) like Bitcoin is indeed the best and secured place currently for investors to look forward for defense and to hedge their funds.
Limited and increasing in value. Absolutely yes, one of the best option to go for as investment is bitcoin. |
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