There was a thread last December:
https://bitcointalk.org/index.php?topic=5379194.msg58924690#msg58924690

This is a more in-depth description of the situation:
https://www.coinfirm.com/blog/south-korea-crypto-regulations/
I don't know-how up to date it is, I mentioned it a few months ago, so...

Bruh common....
The difficulty alone as an indicator is meaningless when talking about security if you don't factor in the amount of money needed to overcome it.

At the start of 2017 the hash rate was 2Exa, was the network at that time 100 less secure than now?
At the start of 2015 the hashrate was 200Peta, was it 1000 weaker?

All that matter is the amount of money you must spend to overcome it,
A while after Bitmain released the S9 you would only need 300 000 machines for a 51%, at of 2000$ a piece at launch, 600 millions.
To do this now you would need 2 million S19, at a cost of 6000, 12 billion.That's only 20x. Price went from $500 to 20k that's 40x..... Hmm, a halving.  
How many times do you think BTC will be able to do a 20x? <insert extrapolation joke here>

Or let's see it in BTC, you needed 1.2 million BTC, now you need 600k BTC

But you already do this when you withdraw funds for yourself, as long as you buy coins from Coinbase somewhere down the road you will withdraw some funds, and that's the moment when you should really think of getting yourself a brand new wallet.

Anyhow, coinbase regulations are far easier to bypass than banking for example, if you want to send someone funds via a bank transfers the bank already knows everything about the other guy, and the only way to avoid it will be by withdrawing cash from the ATM and giving that in person, but if you're 1000km away...
Three problems I see with this garbage
- I don't know any addresses of my friends, I would have to ask them every time, even the ones that have only a house number on a street I never bothered to memorize
- The consequences of writing down by mistake that address, you type number 56, and the street comes with only 20, would you get your account frozen after an inquiry?
- Imagine your friend sends then the coins to some known shady address, like a darknet market, same as the above as your account gets flagged?

Also, this is still one step behind South Korea, where everyone needs to have the outgoing address approved by proving is owned by licensed exchanges that are enforcing KYC.

Of course, I don't know the numbers but by telling on some information (that could be totally wrong), we could strat with the amount of bitcoins that have been sent extra to the cold hot wallets and cold wallets of exchanges during the drop, and the number shows only an increase of 100k in all coins stored on exchanges in the first two weeks of May (thanks Terra )and a 70k uptick during the June drop. Of course, not all of these could have ended being sold and at the same time probably a lot that was stored there could have been the target of the sale, at the same time a lot of the accumulation of coins happened after the event when people were rushing coins there and on the same time a lot was rushing cash.

Anyhow, my point is that a lot underestimate what the instant liquidation of 5000 would have but hopefully this will never happen, as there is no point in it other than intentionally harming the market.


And while this halving stops miners from "draining" that much money it also halves the maximum possible security of the network.
So rather than that, I would say that the Bitcoin defense budget gets halved every 4 years. 

First of all, disable that floating square effect, that thing is good for a kids toystore website, not for an exchange, 10 seconds and it's already annoying.


So this usually means no company, no licenses, just one or two operators doing manual transfers from personal accounts. Since nowhere on that website is a company or an address or anything mentioned, am I right on this one?

Bitcoin news media has always been filled with a ton of garbage, now when there are thousands of them and funds are running low for advertising they are getting even more desperate with stupid titles to gain an audience.

Capitulation would mean miners would stop their machines  before a complete liquidation of their business, but any moron who would find free seconds free to look at a difficulty/hashrate chart would see there is no such thing as a capitulation, no major shutdown no nothing!  Actually, quite ironically, the hashrate estimation for the current period is up, it is indeed still early as only one day and a half has passed but the pace is still faster, at 101% compared to the previous. Mining profitability is still 20% up from the levels at the end of 2020 levels, there won't be any major shake-up unless we dip in the 15k range, but complete capitulation won't happen.

The guys from watcher guru as pretty lazy with those tweets, would it have been that hard to mention the actual name of the stores?
https://www.benzinga.com/pressreleases/22/06/g27811230/coin-cloud-brings-always-fresh-always-authentic-digital-currency-machines-dcms-to-cardenas-markets

I wonder why a lot of crypto news blogs are focusing on Shiba Inu, the press release says:
so Shiba Inu is in "others". How much are some of those guys getting paid to pump these tokens?


Roger Ver is a sorry piece of %$%# and he is not doing anything for BTC , I wouldn't be surprised if his ATMs would sell you fake bitcoins (BCH) instead of BTC.
LE: Just as I was saying
https://beincrypto.com/roger-ver-unveils-ambiguous-very-first-bitcoin-cash-only-atm/

Coinbase has a shitty system for the direct buy option on the basic version, so the only way to exactly know this is to actually try it, they have a fee that is based on the spread which can vary quite a bit, up to 2% as they admit, so you might end up paying over 200$ just from that, and also another fee if you use a cc card for that purchase, ACH deposits are free.

So the best way to know for sure is to open the account and see for yourself.

LE:
Since I see you're from NY, then you're really low on cheap options, Gemini is not that cheaper either and I think the only option would be Bitstamp.

Another one? Or it's the same bitfarms?
https://www.coindesk.com/business/2022/06/21/miner-bitfarms-sold-almost-half-its-bitcoin-to-reduce-debt/


If 5k is a drop in the ocean, then how many bitcoins have been sold on top of the usual trade volume to crash the price from 30k to 17k?
5 million? 
That volume made by bots trading 100 satoshis 300 times per minute is not something you can rely on, the only thing that could make things clear on the scale of the impact if we would know the amount of $ that is sent and withdrawn each day from those exchanges, knowing so what cushion we have that might offset a large sale.


Some miners have also purchased bitcoins, including the above-mentioned bitfarms or Mara who has also purchased 6000 coins through a subsidiary, or others who had received tons of money from the investors but since every single piece of gear was sold one year in advance they decided to invest some of the cash in BTC.
Everyone was focused on Salvador but mining companies in the US have bought 10 times more than them.

I would have been surprised if nobody in the police would have owned any cryptos.
I've said it before all the bans and regulations are one thing, the one that matters is how much the authority wants to actually enforce it, just like traffic rules all over the world, every single country has those, and how many get tickets for breaking it in some of those?

As for him being a police officer, back in the 90s' when everything was seemingly turning worse and worse police around here were doing everything and I'm not saying taking bribes or asking for them, but a lot have been caught stealing from stores, stealing wallets at accident locations and even more, I even remember one case when they went on a property for investigation of a thief nearby and on their way back they picked a bike laying around and stuff it in their trunk. Probably Bangladesh even in is in a worse situation than we were back then so, just investing in crypto is something minor.

That being said....
https://mobile.twitter.com/sagor30/

This raises questions....

So how is the Hashrate at an all-time high and surging rapidly when it is going down?

The ATH was on May 11th, I'm not talking about random daily spikes which hold no mining as they could look different by simply changing the time when the day begins, EST, GMT, PST but about difficulty adjustments, it was at 223.70, the last adjustment brought it down again to 211.63 so that is a -5.39% from an ATH more than a month ago.
And the current trend is also down although again a slight variation, of just 1% now.

So the numbers might be right, just as everyone was surprised when it happened to Kazasctahn, seems like Iran is also in the 1% of overall hashrate with a +/- 1% error margin.


What, 0.12% of the total?
If they had 5% it would've been instantly shown even in the last adjustment but it's not the case.
So basically no news, or on the same level as Madagascar banning it.

Sorry but this is stupid!

Using simple logic, if Bitcoiners are using 100Twh of green energy it simple means somebody else has to use dirty energy, if they shut down 100 Twh a year operation using renewables it would mean 100 Thw renewables would be available and 100Twh of dirty energy could be shut down as it would not be needed anymore.


Yet when asked where their mix comes from, real details, ...crickets.
When New York says they will stop granting licenses to miners mining on non-renewables look what the Blockchain association said:
https://twitter.com/jchervinsky/status/1533493490562236416


So why would those eco-friendly green rainbow-powered miners build in other places? Because the truth is that:
Coal is the cheapest form of energy, then hydro, then nuclear, then gas and no nobody is mining by relying on a giant ball of fire in the sky!
And miners, and I'm speaking as one will only care about that, miners are a business, they either make a profit or they go bankrupt, they are not here to save the world or anything else!

Instantly thought of :
Is TERRA/Luna kickstarting a new Bitcoin Standard?

Let's see how long this has before it goes down.

Aham
- extensive earnings
- yield opportunities
- top Defi protocols
- portfolio, not control!


We're talking about the same coin with the same features as others that just like many others has lost 90% in 7 months, right?

Don't bother to look to deep into this...
The article is not about whatever eDefi it's just publicity for coinbaazar(dot)com that has a habit of spamming the forum with articles to promote their crappy exchange, seems like now they have found a new way of doing so, shilling for that with fake newbies accounts didn't get them anywhere, neither did fake video reviews and edited videos about their promos

Just check the user's post history
https://bitcointalk.org/index.php?action=profile;u=3254131;sa=showPosts

And? Just because they develop some games does it mean it will be a success?
Metarun, let's see...
0 Info about the game, 10 tons of staking, buy $MRUN, buy NFT, and the game itself, a run for coins game that looks like a hundred thousand others on google play?
Seriously, that's your example of a good game?


Of course, it solves the problem, it solves the problem of making millions while selling a cheap crap game that you could have played for free on Steam.
It also solves another problem for gamers, fewer numbers in your bank account to even care to check it anymore.

I love it! I already know some will be foaming at the mouth but for China to say that Bitcoin and the Crypto market is a western creation and heavily influenced by the western market is music to my ears, the moment someone accuses a thing of being under the western influence is the moment you an know for sure they are scared shit of it. The sooner they cut every single forgotten thread linked to bitcoin the better, let them deal with their own non-leveraged not manipulated not Evergrande markets, and with their own advanced technology that made the leader of 5G communication unable to make a 5G phone.


It's not about throwing FUD at bitcoin, it's the usual CCP propaganda as the original was published in the official paper of the Central Committee, thias is like 10 times worse than Pravda, their aim was another jab at the US


The usual propaganda from back in the 80s, the corrupt western world is falling apart, the fact that they don't stand in queues for a loaf of bread shows how unhealthy, undisciplined they are and how they lack the moral duty of starving for the motherland  

When it comes to traditional business and banks, yeah, that's the rule.
Unfortunately for me as I don't have those advantages, and fortunately for bitcoin's security when it comes to this business you can get a lot of investors that would throw money at you without a real plan on the paper, not even mentioning a fully running business with yearly contracts with a stash of coins set aside, they will get the money, and once you secured a bit, taking into account that the gear is already paid, the only expenses are electricity and rent you can keep it one for a while mining at a tiny loss. Not even mentioning the outrageous cheap rates some of these big guys have for power.


As I said above, from banks they will get the same answer as shale oil a few years ago, no cash for you!
For the bear market thing, well, bitcoin going back to 30k and even 40k won't be that much of a relief for miners, a lot of hashrate is already ordered so if the price goes up it will get plugged in rising difficulty diminishing revenue, for let's say good times, not extraordinary good like back last year in April, we would need around 60k at same difficulty.
24 cents instead of 8 per TH/s, an s19 making 24$ a day, burning 8$ at 10cents/kwh, ROI in a year and something, all numbers rounded up to make it easier.

Isn't that 185 million in 90 days, 2 million a day, or about 25 times lower than just the EUR/BTC pair on Kraken for example?


Can you please describe how an asset that is losing value is helping somebody minimize the effects of inflation and unemployment cause it realizes puzzles me!
Oh and if you think that by trading on Paxum, it simply means you're making money by selling coins at a premium, so, basically you're taking money from somebody else who will have to deal with the loss until the market grows, which ain't happening right now.

I can understand speaking on the phone if you're stuck in traffic as you don't need fast reflexes while not moving, when you have an automatic you don't need the right hand,  but seriously driving and looking at the screen of your smartphone and copy-pasting addresses and sending coins? 800$ might be much for some people, but getting a ticket for that here would be at least one-third of that sum, if you get involved in an accident the insurance won't cover it, you might spend 10 times on preparing the other guy's car, let's not even mention if you hit a pedestrian or you crash into another car and you kill somebody.

It takes 5 mins to pull to the side of the road into free space or a parking lot and do that safely and without a rush, then you can go and finish your trip, what are 5 minutes going to change?

Anyhow, even if he doesn't remember the address to which he sent the money he can check the blockchain and see when that address got any funds from his own addresses, once he has the date he can go through emails, WhatsApp, telegram, browser logs and find out what he had done that day and who's the owner.
I don't think there is any country in this world that doesn't punish the usage and misappropriation of funds since they were sent by mistake, taking 10x more out of an ATM, sending money that by mistake was deposited in your bank account by a stranger, every single one of those is a crime, here this thing is punishable by up to 5 years, so if your friend knows who owns that address he can talk to them and if they aren't cooperative he can file a report with the police. I don't see how somebody that can be tracked easily based on past interactions would risk that for so little.

Hmm, I'm living on the second floor, and just right in front I've planted a few lilac trees that will cushion the jump, I don't have any drugs and pills other than some aspirin and some from indigestion (small kid in the house so we avoid storing these), no rope, no soap, no gun permit...really not prepared.
But, there are 874 job openings around me as I browse the section now, including at the bitcoin's most beloved fast-food chain Mcdonald's, so bring it on!  


Statistics or percentages, you can play with them how you want depending on what you want to achieve.

For example, Bitcoin dropped from $32 to $2, in that drop $210 million in possible wealth turned into $14 million, right now, well, just $900 billion evaporated from the Lambo dreams. A rough math says something like ~5000x more theoretical profits gone?  So, which one was worse?