The golden rule of investing is that there are so many golden rules at one point you're going to inevitably break one of them.
Don't invest more than you can afford to lose, diversify our portfolio, set goals, don't set high goals, don't follow the crowd, do the opposite of what the crowd does, kill the crowd..just lol.

I love how everyone is giving advice but let's look at the reality.
Diversify your portfolio, what does that mean for your average crypto Joe?
Buy 20% BTC and the rest in shitcoins, well, that's not diversifying, it's like buying both Exxon and Shell shares!
Don't put all your eggs in one basket! Again, lol!
What's the common trend here, put all your money in crypto because not any other investment will be that safe or profitable!

Common, everyone here is breaking rules after rules, let's just be honest with ourselves.
Everyone is pointing fingers at Luna while praising other coins, if Ethereum crashes tomorrow there will be full of people who would say I told you so, I know it, and they come with tons of arguments they hadn't had the courage to say once before!


One of the guys I played online games with has bought some eth from an atm, stored on god knows what wallet, when after a year it hits 600$ per coin he tried two times to learn how to open an account, send those coins, etc, etc, never managed.
I told him I would buy those from him if he's that desperate to sell and pestering me each day about docs banks taxes, but since it was a 30 km drive and bad weather day after day he said fuck, he'll keep them. One year later he sold at $3500.

Sometimes it's better not to help people!
I always make fun of him when he is in trouble in the game, I'm not going to help you, I bet it's going to be better for you if I don't!

It's a never-ending surprise how easily the attitude of people changes and they forget where we are, on bitcointalk.
Suddenly everyone forgets all their hate about fiat money, forgets about control, forgets about priting money and cheers the most dictatorial system in the world just because they want to take Russia's side.
You have currency control, you have banks restricting your access to your money, you have the government forcing you to convert your own money again with a choice but no, let's cheer this move because what Russia does it's so great!

Seriously, if Russia is such a  powerhouse of an economy, if the ruble is backed by billions in oil and gas, why are your people here and talking about bitcoin, why don't you invest in the ruble and be done with it?


So why aren't they allowing people to buy $ at that exchange rate, that for sure would weaken the currency...oh ..wait..a fake problem, just how everything about the ruble is fake.


You might want to check the euro-usd volume, it's not in months but days and not billions but trillions. Challenge my ass.
Oh btw, don't forget, one month has either 30 or 31 days if we exclude February, it never has 40!

I call this bs!
Why would Cannan use two newbies accounts spamming unrelated topics with their replies about the shop?
And yeah, I'm pretty sure banban007s4 is your alt, using the same text in his posts, fortunately getting deleted as we speak.


I don't have the time or the patience to try and see what goes there but I'm betting on some shady p2p discount that will never materialize too.


 

It's clearly merit fishing, I knew from the first line that this whole paragraph is going to be one long text that is actually worth nothing, and clicking on op's profile, yeah, what a non-surprise.

Leaving this case aside, I'm seriously getting bored with all these topics about motivation and advice, when I enter some section it feels like I'm in some sort of center for groups therapy, this cheesy text that simply looks so damn fake, these advice everyone is giving about patience about self-fulfillment knowing nobody, not even the ones who write them are eager to follow.

How about less talk and more action?  

No, we're telling and we have been telling a lot of countries to not make the mistakes we have done in the past, but when we're stating facts we're seen as evil white supremacists that have some diabolical plan for Africa. Europe has been through centuries of famine, with millions of deaths and episodes of cannibalism, because we were doing the same mistake African countries are doing now, giving birth to 7 children without knowing how much food we're going to have the next year.

And further down look at the math, Europe had during the middle ages 70 million people at the peak, Africa had nearly the same in 1800, the EU has grown to 500 million and had the newest technology when it comes to agriculture, Africa has 1.2 billion and has less than 15% of it mechanized.

Who is going to feed all this unless they do it themselves?
Where is the food going to come in countries like Niger which are on the path of doubling the population every 18 years?
It's not like telling poor countries they should starve to death, it's telling them they are going to starve to death if they don't change!


https://www.weforum.org/agenda/2016/12/this-map-shows-how-much-each-country-spends-on-food/

vs


What happens when the prices of food are doubling for two families, one that was spending 6% and one that was spending 56%?
It turns into 12% and 112%....



What logic, because the crisis in Africa was hurting Europe millions of Africans and Arabs have fled to Europe.

Of course, if you push 1000w in any kind of system you will get the same amount of heat but I had the impression that when it comes to heat generation and transfer you could play with sizes, having chips further part larger heatsinks and more boards, rather than concentrating the heat source you could spread it out wider, so instead of a 15x15x35 miner you could go for the size of an air convertor, overall the same hashrate, the same heat transfer but done over a larger area, thus the reducing airspeed needed and the noise.
100x10W sources would be the same as 10x100W but spread over a 1x1m wall heater they would be easier to cool with normal speed fans.

Yes, it is, you can get the Vornado for $150 and the Apollo for $899.99, let's assume 1000W running for 6 hours a day for 6 months at 20cents/kwh for the heater and you have an energy bill of 200$ each year, but you paid in an advance for nearly 4 years. Let's assume you will keep the Apollo nonstop for heating purposes and you've got 18$ a month ignoring power.
So, why would anyone bother with these, especially since as years pass your machine will be less and less efficient compared to the newer models?


Spot on, this is common everywhere and this is why in some cases manufacturers of goods do not even sell directly to the consumer, they unload all this to resellers and let them deal with a mob of shoppers that will probably encounter every single problem in the universe. One tiny fraction for the profit and you can cut a lot of personnel in support and a lot in accounting, you won't be faced with tens of failed payments, chargeback, and everything else.


You can't without using air but you can reduce the noise by playing with the numbers of chips and their settings, of course, this would end with a mining machine mining at 1/3 of its capacity and not being a lot cheaper either. I just check my emergency air heater, it's rated 1500W and 50DB, and I bet the chips would melt at the temperature that the ceramic plate inside is heated.

Is a baby panda faster than an apple? 

Just one funny thing, besides what o_e_l_e_o mentioned, even if that supercomputer would be mining at 1 exahash, it would still be a highly inefficient gear costwise, it did cost $600million, for that you can get around 78 000 Asics at spot prices that will give you around 8.5 exahash per second 
But no, we're talking about two different things built for different purposes.

Worked wonders when the USSR invaded Afghanistan!


So was the Soviet ruble.


That was in the '70s, should we go back in time to when Timbuktu was a leading city because of the salt trade?


People can't correlate the rising value because there is no rising value other than on the screens of Russia Today.
The whole exchange rate is fake as hell and you can see that in every clip from Russia, if you look at the exchange rate it looks like those tomatoes are 5$ per kilo, higher than everywhere in the world, apples 3$ per kilo but that's just because the exchange rate is fake, fake as it can possible be faked and that is seen in the prices too.
 

Of course, you're going to give millions and billions and trillions to the community.
Your super hyper mega such wow project that includes a CEX, NFT, Staking, DefI and every other single hype known to the crypto community has no way of failing.

Speaking of failing, what happened to microcats?
It was the same,
yet in just two months ended like this:

Let's use the same scam project but replace cats with bulls, throw in a controversial name to gain an audience, and here it is, a brand new shitcoin waiting to mare some poor souls poorer.

You're looking at the graphs of a Potemkin currency and funny enough you're believing it.

First, just like other failed currencies from the Zimbabwe dollar to the Iranian rial and the Venezuelan bolivar, the exchange rate men's nothing since, you can't go to a bank and ask for dollars at that rate, making it even worse in Russia you can't even ask for dollars at all.

This is not something new it's the same thing as the Soviet ruble, you had three exchange rates
- the official at one rube to 1.35 dollars that stayed nearly the same for a decade despite the country going bankrupt at every step
- the same official rate for export and import companies and government officials where the rate was far lower but was still supported by the state
- the real rate that was sometimes x10 lower for any citizen that wanted to buy real $

This is again the same, they are trying to prop the currency to save face, you can't have a currency that is printed at 20% with bank deposit going up, everyone knows what happens when you do so, you have the Anchor/ Terra fiasco once more, the same insane rate with money that can't come from anywhere as there is no money left.


And despite having more gas and oil and getting paid in rubles the USSR still went down the drain.
So, what's the majik trick the country with one of the lowest GDP per capita in Europe, competing with Moldova and Montenegro will pull out of the hat this time?

Stay away from it, they claim to be fully licensed in St. Vincent and the Grenadines on their about page but that doesn't cover any forex or brokerage activities as those aren't licensed by the SVGFSA for any company incorporated there.
So you're basically dealing with a $200 setup fee LLC with no brokerage license that can disappear tomorrow without a trace.

Also I just hate companies that do this kind of shit

This is comparable to the jumps the price has made, we've seen it going 10000x time up but that doesn't mean we're going to see that happening again, same with the hashrate growing, when ASICs hit the market, from 2013 till late 2014 the average was well below 9 minutes, with a lot of periods ending with even 6 minutes and a half on average.
That won't be possible anymore unless you also have a large shutdown before some are getting plugged in again, to keep a 5% increase each period you will need right now about 100k asics, and each time this requirement will grow exponentially.

As  o_e_l_e_o mentioned, break it down to 100k or yearly batches and you're going to see that the deviation is going down

So the telegraph is the new dailymail...
I just hate it when people who have no idea what they are talking about put sensationalist titles in newspapers they know will be read by millions

First, let's exclude the fact that what in deposits doesn't mean total wheat available, depending on the country there are around 3-6 weeks of wheat consumption already on the line, meaning moving from deposits in transit, in companies storage, in mills, already as flour being transported and deposited, and as flour in stores or in logistic deposits or already at your bakery, so 10 weeks of storage means about 15 weeks of consumption available already.

Second
https://ipad.fas.usda.gov/rssiws/al/crop_calendar/europe.aspx
15 weeks mean nearly 4 months, that's middle September, and by that date all of Europe wheat had been harvested.

Third:
BS
https://www.reuters.com/article/eu-grains-coceral-idAFL2N2XJ0ER

Fourth

Russia produces 84.9 million tons, good...
The EU produced 119.1 million tonnes of common wheat in 2020 and 286.5 million tonnes of all cereals.
You can look at the statistics at FAO and see the reality behind the clickbait's shitnews



So, while Europe can still export and doesn't ban exports, there will still be enough food, if the EU does the same as India, the rest of the world is fucked, with only Canada and Australia left as major exporters!

Try it and see it!

First, you would have to offer enough of a discount to make some of your customers think it's better to pay in crypto rather than with traditional fiat, and here is the mentality problem, most don't want to spend crypto because it will be 100k soon, so do you think you're going to convince them for 5% off?
Second, there is the problem of the profit ratio your business is running on, do you have a printing shop, a butcher shop, or a restaurant, if you run on a low margin high volume model the discounts will most likely be impossible if the opposite you could probably sustain it for a long time because well, not so many will be keen on spending.
I do hope that the decline in activity on the main chain is because people use LN to pay for stuff, but I see no actual evidence of that happening on a large scale.

So, try it first and then tell us how it went! 



Since you can sell and buy shares in an instant why don't you do the same with bitcoin?
You have the choice of paying 100$ with a CC or $90 with bitcoin, pay with bitcoin and then buy 100$ worth of bitcoin with your CC. Simple!

I have a bad feeling about this, seeing OP's history, the fact that he was willing to buy bitcoins in Germany once and then put as a collateral an account with a verified Russian id, his Ponzi scheme, and the fact that he thought of this in the first place makes me think he might just seek revenge on somebody and there was no scam, no money theft and of course, there won't be any reward. Seeing what tantrum he threw for just  20$ this guy might be somebody who just beat him on some online game

Fortunately, even if somebody ignores all those red flags,  I doubt there would be any moron who would take a job that could land him in jail for years for two weeks of minimum wage!

Old story and actually shows something different, the importance of having a father that is wealthy enough to let you invest $150k at least at the right moment.
Read philipma1957 answer on this, it has nothing to do about teaching and education, it's an about a father who buys ready assembled hydra cases throwing tens of thousands of dollars on each batch.

Rather than being inspiring it actually points out one thing, no matter how intelligent and educated you are, if you lack money, it will always be harder for you.

You see, you started with the wrong assumption, that somehow in every place on this earth things end either end with a fixed value or something like 1.5 or 5.5.
Since you mentioned Japan, look at the prices here, (random google search image)

So there are a lot of 278, 248, 186, 208, 321, 1558, 1068, 1238, 1198, which doesn't seem to be a problem for 120 million people.
Next, you're totally wrong about the flat prices for bread, let's take Europe for example, go into a carrefour and you're going to see prices like 1.35, 1.48, 2.64, 1.69 regularly, I've checked my last receipt from the supermarket, it was 67.01..lol!
We could go to the extreme examples, how do people manage to do it in Vietnam where everything is in the thousands?

It's a fake problem that wouldn't bother anyone longterm.
The bigger bump in the road is that not that many are interested in spending coins they believe will be worth 10 times more after the halving, again a fake issue since you can spend your coins and with the unused fiat replenish your stash, driving merchant adoptions since they see people spending.

Let me reply with another question, why no Canada or Australia?

Advantages:
- growing population, Russia has lost population from the start of the century even if we add Crimea, Canada has added 8 million, Australia 6, both of them have enormous GDP per capita compared to Russia, Cnada having a higher overall GPD despite being 3 times smaller rin population and Australia almost matching Russia, they both have huge agricultural capacities and production, being net staple food exporters, huge mineral and energy resources, just one neighbor in Canadian case and the ocean when it comes to Australia, no conflict, no territorial disputes.
- slight cons, a bit higher debt to GDP ratio at around 40% compared to 20%, no nukes

So, who's the winner?

And now another thing
Russia has the same advantages as the USSR but on a lower scale, with less land, less population, the soviet union had more people than the USA now the gap has grown to two times and a half in USA's favor, and the GDP difference has grown from 1:3 in the early '90s to 1:15, it has lost tons of resources with the loss of Kazahstan, Ukraine, Azerbaijan, and others and it has lost all its partners from the Warsaw pact that are nwo on the other side of the fence.
So if in 3 times more favorable conditions the USSR has failed, why would Russia manage?




Isn't 1 billion a day something like 6 dollars per capita per day, or according to videos from Russia, 2 kilos of apples or 4 kilos of cheapest potatoes?



Wow, such growth, much power, moon economics!

There were major problems
- you get energy only during a certain time table so even if you import energy for a longer period let's say 8 hours instead of 4 you still have to make it for the other 16, so what might look like twice the production is still only a 25% reduction in storage capacity
- complete unpredictability, it's one thing importing from a country with 5 nuclear powerplants of 1000MW, another from 500 10MW solar farms, you constantly need to balance the grid and some countries are not interested in this expensive interconnection if there is no guarantee for the supply
- solar energy is not cheap, it's still paid for by the population by the government subsidies, which cease to exist once it's exported, making it not cost-competitive
- everyone wants to reach energy independence, even if it's green you still depend on your neighbors, so they would rather spend billions for extra generation and storage capacities than interconnections.


Coal is not used directly in the production of solar panels and if you think the coal burned for the energy required to manufacture that's a nonargument, hydroelectricity is only produced after we've built a thousand ton damn made of concrete using also energy, burning thousands of tons of oil to move all that material and the machines, if the energy that is used to produce panels is green then there is no coal being burned.