In your opinion, what are the most secure exchanges in the world, i.e. where can I be most sure that the exchange will not go bankrupt, be hacked, etc.?
Nobody knows the answer to this question. There are some who vouch for x or tell y is better but nobody here, absolutely nobody knows their financial status, nobody knows how deep in debt or how many reserve funds they have, nobody knows the level of security they have or how bad or inexistent those are in reality. All you're going to get ar the name of the largest and most known and that's it because something if this exchange has lasted for 4 years then it's trustworthy which can' be more false. If I were to ask what makes Binance or Huobi so secure the only answer will be that they have money and CZ said funds are safu, nobody knows the true situation as they don't have access to that data. So bottom line, you're going to have to gamble on this and maybe in one year see that all top ]3 exchanges have been hacked while some no-name ranked 300th is still up and running. I have been using Binance and OKX now very well and incan recommend both
Thousands used MtGox, hundred recommended it too as it worked well for them, till it didn't. Binance was hacked once, can you say it will not happen the second time? |
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This might be another failed attempt by Elon Musk's to try to manipulate the market for his own benefit. By selling BTC, prices could dump so he could buy more coins at a discount. Rinse and repeat.
Oh yeah, the guy who made hundred of billions from other businesses is going to lie in a financial statement and buy more coins on his own to increase his wealth by, how much? Seriously, people should stop thinking that everything in this world revolves around crypto and that everyone is so keen to get his hand on it that it affords to risk throwing down the toilet a multibillion company. Start differentiating from Twitter posts about "safu" moon" laser eyes" and an official document. It's quite ironic that nobody has ever questioned if Salvador has indeed purchased the coins they claim they have since we don't have any proof of that but once it's about selling they will not trust even a signed document, which if forged comes with a sentence! If Musk really wanted to crash the markets or spread "FUD", don't you think he would have gone to Twitter and said he has sold his coins? Yet he only mentions the sell in a usual conference about Tesla earnings, it also added that this is not an indicator or an 'a verdict on Bitcoin.' People should stop following Elon Musk and focus on what makes crypto best.
And yet, just like a hundred others who "don't care" what Musk does you're here on this topic discussing him. Ironic, isn't it? Nobody cares what Musk does but we have currently 7 topics about it and hundreds of replies. Really, really funny! For someone who has several hundred billion $, I think $1.5 billion is actually a very small amount to buy a place in the everyday Bitcoin discussions. What surprises me is that people equate the money that someone has invested with the fact that someone has knowledge or honorable intentions in all of this.
But speaking of equating stuff, why do we equate Tesla's decision with Musk's beliefs? I've seen people mentioning that he sold ~900 million to pay for the Twitter fine, but these are Tesla's assets, not Musk's money. |
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Every time I see that picture on a topic about insolvency I think of some guy laughing while carrying an axe behind his back. In some context, that picture is really creepy. FTX and its American entity FTX US are both fundraising, according to people familiar with the matter who aren’t authorized to discuss ongoing discussions. FTX is targeting a round at essentially the same valuation as its January fundraising, the people said. In January, FTX announced it raised $400 million at $32 billion valuation, while FTX US raised a separate $400 million at an $8 billion valuation.
Fundraising doesn't mean he is insolvent or he is out of money, maybe he wants to play it safe by risking less of his wealth and more of the investor's money or maybe he is just using his personal funds for other deals behind the scene. Anyhow, that 32 billion evaluation is just crazy, a lot of vaporware there, and also, just funny, who is editing those Wikipedia texts? FTX was founded for the purpose of generating as much wealth as possible to be used for charitable causes following the earning to give principle of effective altruism.[8] |
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If you knew they can't afford it from the start, Sri Lanka's leaders most likely knew that as well.
Why are you so sure about that? I can tell in a second that a random girl hitting on me with pics of money and crypto on her Instagram profile wants to scam me, thousands are not getting it even after they sent money and are not getting a dime back and they still try to message her to meet her in real life! How many have fallen for the Akon city project? How many really believed the Volcano city in Salvador will be built with 500 million? It's the same here, maybe they've believed it could be done, maybe they believed it would be profitable, maybe they used it to show people they are not getting left behind and during their reign, they've built stuff, maybe they tried themselves to screw the Chinese investors over this. From the article itself: However, these facts do not justify the Mahinda Rajapaksa government’s decision to construct the port using foreign loans obtained at higher interest rates at a time when the country was in dire need of fiscal consolidation.~~~ What must be remembered is that the government is still obliged to pay a little over $100 million every year as loan repayments pertaining to the Hambantota port project.
Loans, loans at higher interest than the market, a project that is useless, how do you define a debt trap if this ain't one? I don't know how much they got paid for this, I don't know how much the bribe was, I don't know why they did it if it's not money, but I know what this is! |
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The Europeans are so stupid that in some time (maybe within the next one or two months) they will refuse the gas from Russia by themselves.
Again with the predictions, master strategist? Should I offer you for the third time a bet that what you predict as always will not happen? Since you've posted this shit about 10000 times I guess it earned you enough to put a 0.1 BTC where your mouth is, or as always you're all talk and no spine? And that's all it takes to make the destruction of the famed German manufacturing sector complete.
Oh yeah, german manufacturing will be completely destroyed because the 2.2 trillion economies will have to pay 31 billion more on gas. Out of which 15% goes to electricity that can be prepared and 30% goes to heating which is not doing any manufacturing at all. Once the factories shut down, they will never be able to compete in the global market. Anyway, without cheap energy, their products can't remain in the market. EU can subsidize, but for how long?
How long can an 18 trillion economy subsidize energy imports when all the exports of fossil fuel from Russia are worth 300 billion? Yeah, lol. Again, you're just blabbing the same mantra about cheap products ignoring one fact! European products have never been cheaper that the competition! Never! People buy German machinery not because it's cheaper they buy it because the Germans are the only ones that make it in some cases and they buy it for the quality. Nobody buys a Mercedes because is cheap, nobody buys Siemens turbine ...lol, why do you think China imports so much from Germany? The EU industry will collapse? Then you could say goodbye to chips as ASML is the only company in the world that builds lithography equipment for both Samsung and TSMC. However, we digress from the red thread of this topic. In the meantime, with the mediation of Turkey, the issue with the export of Ukrainian wheat seems to have been resolved. The talk was about a measly 20 million tons (Russia has already exported stolen twice as much this year).
FTFY. You're welcome. |
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Are you implying that you might also alter its size?
- I think it's going to be a bit tricky to manage the temps on such a small device.
It all depends on how the cooling will be done, it's not that small if we talk about volume, the specs tell 2520 cm3 while the Apollo is ~1500 cm3, but it does have 100W extra so it matches somewhat. Note that it says Mac Mini size but it's 200mm x 90mm x 140mm so, I guess it will be 14 cm in height, unlike the mini who is flatter and wider, probably because of the fan. Without being an expert I would say it's doable, the noise...that is something else. |
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If you read through the Bitcoin white paper you will discover that Satoshi's statement on Bitcoin exchange is by p2p and did not mention anything like centralized exchanges, this is because Satoshi Nakamoto know the importance of holding your Bitcoin in your wallet, and not on the exchange, this is so because the Bitcoin on exchange is like your money in your bank account which involves third party involvement,
And this is where I say stop cause it's not really like this You're saying p2p, p2p, but you don't realize that most of the people go for p2p on a centralized website, be it Binance or LocalBitcoins or Localcrypto, and 99% of them will use bank transfers, Paypal or PAYEER or Skrill or whatever, so, in reality, is just a charade of a p2p as you're still involving two centralized solutions in this. True p2p can only happen if you do a cash transfer with a guy you know from outside a centralized platform, otherwise, you're still relying on centralized 3rd party solutions, you're still trusting a random stranger and a bank or payment solutions with your money which defeats the whole premise as you all know Bitcoin original idea is to eliminate third party involvement in our financial dealing. |
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I was really curious what this "realized" price means so... Finally, to be technically correct and also explain an assumption in the above statements, Realized Price values each UTXO not on its current value, but on the value when it last moved from one wallet to another. We are assuming that movement from one wallet to another wallet is bitcoins being ‘bought’. Leaving some exchnages which might move thousands from one cold wallet to another without any "purchase" being done, I'm quite curious how chips going though Chipmixer affect this since there is one move in the past that was already counted weeks ago, one move of funds to the mixer and a third one the reclaiming, all from different wallets, none of them involving a purchase.. Well, nice try, and merited for the effort but just like the rainbow chart, this is just something that can't predict or tell a thing. |
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Effect of Tesla bitcoin sale not significant
And you're looking now for the effects? The sale didn't happen yesterday, that was the announcement that they did sell somewhere in Q2 which could be anywhere in the last months. So it might have not caused a thing and it might be responsible for some of the drops we experienced, maybe even the crash from 35 to 30 was caused by this. And before somebody comes with the OTC thing, the OTC is not a black hole where you can sell billions of coins and it will not affect the price, if somebody unloads 100k coins and there are no takers then they will have to go lower and lower like, in any normal market, OTC is not something that denies the laws of supply and demand. Also a time of the Chinese crypto crack down FUD
Which proved to be not fud but as real as it can humanly be possible! PS. It was a big surprise for me that Tesla did buy high and sell low. I've been expecting them be smarter.
They did sell 10% of the total somewhere in April 2021, so that was a pretty smart move making them about 120 million. |
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Samsung recently has announced that it has started to produce it's new 3 nm (nanometer) mining chips.
Chips, not mining chips! ~ random drivel
What mining are you talking about, mining was supposed to be dead at 30k, remember? however bitcoins 'value' sits at a bottomline value of $30k(including the hardware costs) because right now the cheapest you cam mine bitcoin anywhere on the planet is about $30k.
I wonder how yous still got the nerve to show up on these topics and pretend you have a clue what you're talking about! Come to talk of it, mining with app directly from phone show's how reliable and. Environmental friendly the app would be.
Mining with an app from a phone is reserved for scam coins. Mining with a phone will never be a thing because once the rewards will be meaningful somebody will create an ASIC for that algorithm and mine with one as much as others do with 1 million phones, what protects most shitcoins from ASICs is that their rewards are so small there is no point building ASICs for it. |
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Creating a new thread instead of addressing what was pointed out in your previous thread is just digging an even deeper hole for yourself. Thanks for confirming that you have nothing to counter. Why are you so mean? It's clear this is a new exchange, the old was zat.gg and this one is zat.io! Obviously, it's....different!  I think he is trying to get rid of all zat.gg links, probably already scammed a few and want to erase those traces, which is pretty stupid. He deleted the Twitter account and the youtube videos, but somehow he forgot about the other topic here Nice rates btw:  |
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That is the fact Governments can't Control the Maximum Capital of the crypto market. Still, their most effective Developments done by governments are the CBDCs by the way Using CBDCs they can Control the Regular users still crypto stand Decentralized.  Yeah, Bitcoin Magazine, the Twitter account and blog that is one step away from claiming aliens are already using Bitcoin as legal tender. Reminds me of an early discussion about bonds: @BitcoinMagazine
·Nov 21, 2021
BREAKING: El Salvador to issue $1 BILLION in bonds on second layer #Bitcoin scaling solution Liquid In reality, first, the Central Bank of Singapore hasn't said a word, because, well, there is no such thing as a central bank of singapore! It is the Monetary Authority of Singapore that released this statement: https://www.mas.gov.sg/news/speeches/2022/remarks-by-mr-ravi-menon-managing-director-mas-at-the-mas-annual-report-2021-2022-media-conference-on-19-july-2022Next month, we will organise a dedicated Green Shoots seminar to share our strategies to develop Singapore as digital asset hub.
We will explain our position on cryptocurrencies, stablecoins, blockchains, tokenisation, smart contracts, digital assets, etc. – their risks and opportunities; shortcomings and potential.
We will set out how our developmental and regulatory approaches will work in harmony to achieve the vision of Singapore as an innovative and responsible digital asset hub.
See the wording? No bitcoins, no crypto hub, digital assets! Furthermore, this is the full text: MAS and relevant government agencies will take firm enforcement action if any entity is found to be conducting illegal activities or performing regulated activities without a license.
The crypto industry globally is still evolving and regulation is still catching up with industry trends.
Singapore is often seen as being at the forefront, with a clear licensing and regulatory framework.But the focus of crypto regulation to-date in Singapore, as well as in most major jurisdictions, has been on containing money laundering and terrorist financing risks.Most regulatory regimes today do not cover areas such as consumer protection, market conduct, and reserve backing for stablecoins.This is changing. Reviews and public consultations are underway, among international standard-setting bodies and regulators, to strengthen regulation in these areas. MAS is targeting to consult on proposed measures in the next few months.
But the key lesson from the upheaval in the global crypto industry is clear: investing in cryptocurrencies is highly risky.
This is what MAS has been warning the public about for the past 5 years.
In fact, MAS’ repeated warnings against retail investments in cryptocurrencies and ratcheting up of policies to restrain retail access have raised some questions as to where MAS stands with respect to the digital asset ecosystem. Still bullish? As for the UN, I would ask them to ^%%$ but I just remembered they have zero decisional or enforcing power, so they are just talking, as always. |
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this is a huge recovery
See the irony, we are now happy with 23k btc and 2.7T difficulty  . Yeah, and after touching 10k will be happy with 15k and only 3T difficulty, you need to keep your optimism up! I was just reading on another topic about a weird way of making up bullish claims and if we would apply that here, from 30 cents per Th/s, we went down 75% to 7.5 cents, now we're up 50% to 10.5 cents. You see, down 75% up 50%, not that big of a deal! One, two, three does of hopium and even math stops make sense but you start feeling better Anyway, the pace has slowed, even more, we should adjust to the next epoch in 2 hours at most, we will go back to Feb - March levels, sadly the price at that time 2x the current price.
It might go down further, in the last 7 days the average block time per day was only once below 100 mins at 9.73 and for times over 11 minutes, with one day clocking 13, so let's see what Texas has to say about it. There is also a new heat wave hitting Europe tomorrow morning till Sunday so I'll be experiencing a delicious heartwarming 38C,, but with the amount of hashrate in Europe, this will not change the block time by one second. well we are not following the 2018 difficulty runup pattern.
No more tens of MW of cheap or nearly free electricity in China, increasing prices everywhere, expensive gear, the pattern is definitely broken so probably 300Exa will not happen this year at all. |
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I wonder why a lot of people are pinning this debt trap to China only when their lending only amounts to 10% of Sri Lanka's Foreign debt? Other sources claim that the figure is up to 26% if you add the amounts owed to Chinese banks. Regardless, this 'China debt trap' sounds more like a propaganda to hide the economic mismanagement of Sri Lankan leaders and paint China as evil (again). Yeah right, propaganda... That is the overall debt in the loans Sri Lanka has taken from various entities. The debt trap refers to things like projects that were constructed by Chinese companies that Sri Lanka never afforded at all, like the whole fiasco where after allowing the Chinese to extend the port of Hambantota for billions while the port was seeing only a few vessels per month, so in order to pay for the debt risen though the construction they had to lease it for free for 99 years to China, in Colombo they had to give them 40-year tax relief for another billion. The international airport in Mattala, $190 million from a Chinese bank, the airport is no longer having any international routes aside from Abu Dabhi. You will not see those billion in the graphic since it's not a state-issue bond or debt. If I scam you with a scheme and you're forced to come up with 10 000 euros which you borrow from the bank, who is to blame for your debt, the bank which holds your debt or me, the one that caused your loss in the first place? |
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This is actually funny- I think they have been silent all this long but when cryptocurrencies are slowly becoming relevant, they show their faces, huh?
The FBI has been warning investors and victims about possible scams for years, in case you didn't know about this platform: [ANN][ICO]HoweyCoins: the only BitcoinTalk-endorsed ICO - GUARANTEED PROFIT was created by the Securities and Exchange Commission as a waning on gullible investors. Going through that topic you will clearly see that there are people who are beyond salvation! I just hope that their initiative will not be limited to only "warnings" issued by them. If they really see the effects of cryptocurrency scamming, I hope some sort of initiative and action would come from them to resolve this problem in this field. The more they try to avoid or to act like nothing, then nothing would happen in this space. I just hope that their initiative will not be limited to only "warnings" issued by them. If they really see the effects of cryptocurrency scamming, I hope some sort of initiative and action would come from them to resolve this problem in this field. The more they try to avoid or to act like nothing, then nothing would happen in this space.
Just go to any court website and search for cases: https://www.justice.gov/usao-sdnyThursday, May 12, 2022 CEO Of Cryptocurrency And Forex Trading Platform EminiFX Charged With Fraudulent Scheme Involving Over $59 Million Wednesday, May 11, 2022 Cryptocurrency Trader Sentenced To 42 Months for defrauding more than 170 victims Thursday, March 24, 2022 Two Defendants Charged In Non-Fungible Token (“NFT”) Fraud And Money Laundering Scheme Friday, March 18, 2022 President Of Sham United Nations Affiliate Convicted Of Cryptocurrency Scheme It's easy to point fingers and blame others for not doing enough without bothering to research a bit. |
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Right now with the lawsuit it's Celsius who will have to prove they are not a Ponzi,
It is up to the Plaintiff to prove their case, not the defendant. Of course, this is not a trial about establishing Celsius is a Ponzi scheme, but the results and evidence presented will matter if there are any follow-up lawsuits. The plaintiff can simply make accusations based on the numbers at hand that Celsius has gone outside their promise and has invested in risky assets with no collateral, it can accuse Celsius from multiple angles of everything, including the misleading numbers on stablecoins returns which makes zero sense confronted with their own statements on their business model and contradictory statements in press releases. We already know that Celsius had gone bankrupt, and we know that it has lost investors' money, this is not about establishing who's guilty but how much guilt we're talking about. The "I didn't do it" doesn't work here if for clarification the judge asks for any documents or statements Celsius will have to come up with numbers, and if those numbers <x then they were paying the interest from deposits, which is you know what! They were essentially a bank. They took deposits and paid interest on those deposits at rates less than the rates they were lending the deposits out at, and were pocketing the difference, less any loan losses./quote]
That's the stated business model, and it's clear they didn't do that otherwise they wouldn't be bankrupt as there is no fucking way you lose money when you give back 50 cents to a dollar. |
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To me it seems only as matter of time for the bitcoin price to recover and reach a new ATH. With higher Bitcoin prices that could make El Salvador very rich,
Bruh, have you actually gone through this topic, have you done a bit of math for the coins Salvador has? Even if the new ATH would be 1 million, their entire stash would be worth 2.31 billion, which means $367 per person? Exchanged in flipping burgers it comes to 24 hours of BigMac grilling at the minimum wage in US, and that's all. Would you consider yourself rich with $367 dollars? Brush up on your math and general macroeconomic knowledge. You don't need to do as detailed an analysis as stompix has correctly done to know that what you say is far from reality. It is a thing that with minimal knowledge is apparent at first glance.
Seems like that minimal stuff is severely lacking around here, I'm still not getting it, is it that hard to multiply two known numbers and compare them to something else? And if you think this is bad, you should not go over topics on how Bitcoin will turn CAR into a wealthy country.  |
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We cannot be sure if they are telling the truth, and whether they sold the bitcoins or not.
That's a financial statement release if Tesla which is a public traded company would go and lie that it's going to be treated as a crime, although it's only a slight punishment and they might get away with it by paying fines the outcome of them found to be falsifying statements will be 100 times worse. We're talking about a company with 60 billion in other assets and revenue of another 55 billion, not your average Twitter scammer or fake wanna-be businesses s like Do Con or Alex Ponzisnky. Because I think the reason why Tesla tried to take some space from bitcoin was because of the pressure from the governments, so maybe they accounted that they sold bitcoins to get away from the pressures of the governments,
Just drop the tinfoil hat. What government is pressuring Tesla to sell coins while at some time allowing billions of trading to be done and thousands of their citizen to buy? The US is allowing 30 000 BATM to run all day in the country, 40% of the hashrate to be mining there, the largest stash owners in the world to roam free from Tv station to the radio station and they are pressuring Tesla to dump some coins? Get real! |
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~
Not everyone has the goal of having a conceptual dialogue. Some want everyone to know that "solar panels are crap", and "expensive", that "wind stations prevent earthworms from sleeping", that tide stations ... tide stations .... Here's another propaganda of black slurry sellers, nothing came up with, but soon we will hear groans that "because of them, the Gulf Stream will break and everyone will freeze, so urgently buy gas only from us, and at $ 10,000,000 per cubic meter"  Well depends, and you know it because we had this discussion a few months ago I'm on the same page, as I still believe that solar panels for the industry are crap, but when it comes to households things change dramatically as :  the energy consumption during the night is below 20% of the average. So if you have a 10kwh consumption per 24h, then you will need only 2kwh worth of storage for each night, or...even better, let the grid that is already showing downtrends take care of it and balance. For the industry, for countries that can't get more than 4 hours of sun on average is still crap. Wind stations tend to be more reliable as wind patterns are far clearer but still lack the uptime needed, so again I don't think that any of those two are solutions on their own, the only clean solution is to use pump storage facilities, but even those are limited by geographical reasons. So while I do believe solar will manage to make a dent in peak consumption and they are offering a solution for stuff that works during the day, like public service buildings that open at 11:58 and close at 11:59 with an afternoon break between, nuclear is the only choice of reliable 24/7 energy that can be used anywhere, literally anywhere! So don't give the Chornobyl reply on this, nor the 8grade Mercalli earthquake and tsunami of Fukushima since Germany has experienced the last major earthquake in 1756. Sun and wind without a backup solution are not going to fix anything at a national scale, they still need a reliable continuous source, and that is only nuclear. Of course, this doesn't mean I'm ok with burning gas for electricity, this is the worse compromise that leads nowhere in my opinion. |
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The US LNG exporters and Qatar is going to be bitterly disappointed, as they were dreaming of prices in the vicinity of $2,500 per thousand cubic meters.
So this move where the gas gets cheaper is bad for the US and of course is bad for Europe too because, well reasons..... I have to bow myself down to the god of all logic: - Russia cuts the gas, the price goes over $2500, wait who uses cubic feet in European deliveries? , so Europe is fucked - Russia is not cutting the gas, gas goes down in price as deposits are getting full, and both Europe and the US, and Qatar are screwed. - Russia is out of potatoes, Europe will die of hunger - Russia can't afford to put airbags in their cars, European industry is collapsing EU guys were getting paranoid for no concrete reason.Now Russia is at a higher moral ground. Yeah, they have the moral high ground since February 18th when they were publishing pictures of their army retreating to their bases in Russia and calling the west paranoid over a possible invasion of Ukraine. Russia will not cut the gas to Europe, they know this is their last card and if they lay it they have nothing. Just like a blackmailer who threatens you, it will release something or it will bomb something unless you give him money, the moment he actually blows up the bomb he knows he won't be getting anything. Same with Russia, if it cuts the gas it's the end of it, there is nothing more to threaten the west and nobody will want to deal with them again because if they do cut it once who guarantees it won't happen again! So your dream of half of the population of Germany freezing to death will not happen either! |
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