The official reports all around the world says otherwise, consumption of goods increases every year it doesn't mean people aren't having difficulty to meet even their basic needs. The priority of people changed and the high unemployment rate forced the people to work for less wages.
even min wage is higher then unemployment social security. so unless unemployed on social security, even a min wage person can find things within their home to adjust to live within means.. its just they have to ACT like they are living on unemployment SS to then adjust their lifestyle and cut out the luxuries they got used to, and then rebuild their lifestyle from the ground up again rather then fighting the tide trying to stay afloat on a previous wave of prosperity
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dont wait for nations(governments) to come fix it the problem stems from governments allowing capitalism to shine and thats where funds get trickled up from the individual and into the central(capital) of corporations
if you are personally going hungry try to do everything you can to resolve stuff happening in your home waiting for someone else wont happen overnight
unless you are unemployed/homeless, (on income of poor/social security), there is always ways to find enough to feed/shelter yourself many people lived prosperously and want to remain at that living standard even in tough times, but reality is in tough times people need to adjust lifestyle to live within their means
can you downsize your housing costs (move location/move to smaller home) can you get overtime, an extra job, promotion. a new job can you change utility providers to cheaper rates can you find cheaper alternatives to your meals can you cancel/unsubscribe from subscriptions or other monthly outgoings if you have credit cards, debts, mortgages. - can you temporarily switch them all to interest only/minimum payments. - then using the extra you then have, to pay off the smallest debt, and then repeat
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when JPmorgan wants people to sell he will be the one buying when JPmorgan wants people to buy he will be the one selling
he WANTS people to sell now to get the price down again before 2025 so he can buy cheap coin before the 2025 (pattern) next ATH trigger year
so when he says it can go down he wants people to sell now to make people become the trigger of a fall.. thus create a self fulfilling prophecy.. so he can buy at a discount to current prices
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this topic is not doxxing.. its just random twits speculating their hallucinations of their preferencial desires of how they see their god like entity.. 99% cant even be bothered to even check the publicly available info as it is,
actual doxxing is revealing real life location and personal data which can lead to actual real life negative interactions/repercussions
EG compared to the random speculation of this topic.. even saying blackhatcoiner is from greece is still not doxxing. compared to the random speculation of this topic.. even saying blackhatcoiner uses a computer in a room with blue painted walls is still not doxxing
however revealing his street address, door number, home telephone number and place of work would be isnt that right angelo
.. the foolishness of these topics arise when people start dreaming up such speculative nonsense, that the nonsense goes viral and result in idiots like CSW claiming they are SN, or the other idiots trying to pretend their cult leader created bitcoin.
EG 'satoshi was a team of people' .. 2015 .. CSW: 'i was part of a team that made bitcoin'.. and we are now seeing how thats playing out(facepalm)
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im guessing blackrocks USDCash number is a indicator 'code' of how many coin estimates they want for the following week
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windfury YOU are the one insinuating at first that the government may start blaming inflation on bitcoin.. in YOUR OP There's going to be a new narrative, and it's going to be a stupid one. Analysts from the legacy financial system will start blaming Bitcoin's price surge for making the Fed's "higher for longer" longer.
(future tense meaning they have not said anything so far)now YOU double down and take your own stupid notion to be your backed up story to then insinuate the fact that they're starting to make a narrative about Bitcoin that "it's one of the possible causes of inflation" its not a fact if you dreamed it upits not a fact if you are using your own words as a source, not some actual external source
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Both Bitcoin and gold make new all time highs but Bitcoin Spot ETFs got massive positive net flows while oppositely Gold ETFs are bleeding with negative net flows. It signals changes in thinking and practice of people, investors on how they store their asset and do investment.[/li][/list]
the reason is simple gold mining of 2021-22 seen the cost of mining rise due to inflation of diesel cost of mining gold this meant the speculative market post-mining seen gold ATH in 2023 however diesel costs dropped by 35% last year back to near normal levels so indicators are gold can see miners mining more often again cheaper, which will correct the gold price down in 2024-25 however with bitcoin adding demand(etf) and reward halving next month. the cost of mining and the demand for BTC is on a 2024-2025 rise in short btc up gold down and so people are selling gold etf and buying btc etf
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if unemployed/retired, get a dog.. it will get YOU out of the house and do some exercise
if employed get a cat and a door catflap, the cat will get itself out the house when you are not home
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from experience of this forum...
many greedy people: want to create silly jargon buzzwords and then seek to be advisers(paid) to explain stuff want to advertise their scams and lies but hate people with knowledge freely speaking the truth as it hurts the scammers recruitment games hate when advice is given freely, as they cant charge to train/advise people
capitalism is about making knowledge and skills a secret, so people can make profit from offering services from things average people dont know
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However this hasn't always been the case as some tend to record more losses than profits and end up being far worse than how they started
you never loose unless you sell at a loss... advice: dont sell at a loss if the market is in decline, dont think of it as losing, think of it as discount time to accumulate more. advice: dont sell, instead buy more #buy-low-sell-high #never-sell-a-loss #not-your-key-not-your-coin as for strategy 2 year plan. only buy below last ATH / 2 (under 50% of last ATH) 4 year plan. only buy upto last ATH dont buy when new ATH is happening 4+ year(long hold) buy when you can, but maximise potential by buying most at the lows less at the highs always try to buy the dip(correction down) not the hype(movement up) .. anyone screaming at you to buy at ATH and stating quick profit multiplier are lying to you. they want you and other newbies to buy on the high so they can sell. you become their exit strategy buying high locks you into a longterm hold. only invest in a high if YOUR plan is a long term hold of many years
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Questions: 1) Why are you not doing deals in naira with other countries right now? 2) What is stopping you buying things from China or Iran or Afghanistan or India with nairas? 3) If nobody wants your naira now because it's worthless and you can't keep it for two days without losing 10% why would anyone accept it after you joined BRICS?
Additional question 4)If BRICS would help you prop the country currency against the dollar why has the Iranian Rial lost 90% of its value in 4 years?
lets start with (4) Iranian Rial has lost 90% ... to what? 0.000030rial vs $1dollar to 0.000024rial vs $1 seems to be the average math went from 100% to 80% meaning a 20% drop.. not a 80% drop yep the only RED alert of downside is USD by 20% but not as big as your 90% but when compared to other "eastern" countries you listed.. they are green where iranians get more other currency for their rial 1 Russia 2 New Zealand 8 Australia 12 Japan 13 Indonesia 14 China 16 South Korea 17 North Korea 19 Philippines 20 Taiwan east math(ignoring decimal 0's) iranian rial to chinese yuan 16 to 17 = +6.25% iranian rial to russian ruble 15 to 21.5 = +43.33% iranian rial to N.zealand dollar 35 to 38.6 = +10.28% iranian rial to indonesian rupiah 33 to 36.9 = +11.81% iranian rial to S.Korean won 27 to 31.117 = +15.24% notice how UNNATURALLY straight the rial-USD market went vertical and horizontal.. now how NATURAL the 'eastern countries' traded and moved to new highs
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Merchant adoption is a valid metric to judge it by, since people effectively express their approval or disapproval by their actions. Clearly the evidence shows that people aren't being "forced into LN",
says the cult leader that doesnt want bitcoin scaling because "LN IS SOLUTION"(in his eyes) because he has repeatedly said "BITCOIN CONGESTION MEANS PEOPLE SHOULD AVOID BUYING THINGS WITH BITCOIN AND USE LN MSAT's INSTEAD" doomad wants merchant adoption on LN IOU credit(unsettled balance owed) network, but have no merchant use on the bitcoin network because he wants the congestion of junk memes but doent want genuine product/service purchases seen on bitcoin IDIOT But if people generally aren't using it for payments yet, then that would suggest it needs improvement to become a more enticing option for them.
funny how when merchant adoption on bitcoin quietened down due to cludgy exploits that made bitcoin congested and fees expensive.. doomad didnt want bitcoin improvements.. he just wanted gateways to get people away from using bitcoin also note how he is still trying to push "LN adoption" and not actually admit LN has bigger problems that actually need fixing "LN improvements" is an understatement, LN doesnt need a screw driver, it needs a bulldozer and rebuild (learn from the mistakes of LN's cracked foundations and structure, (rebuild from scratch).. there is only so man times you can polish a turd before the only action left is to flush it) LN's issues is not just UI related
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News today providing this new ATH: Microstrategy bought another 12,000 bitcoin, and the UK is going to open up BTC products (ETFs) for its TradFi market, though only to professional investors.
But lol UK govt really only wants rich UK citizens to benefit from Bitcoin while leaving the average citizen out. Damn thats cold.
professional investors is the agents/brokers/sponsors..(the middlemen) those guidelines for "professional investors" is the initiation process of starting to offer a ETF product those brokers will then offer to sell shares to the public, but first there needs to be guidelines of procedure for all the AP's (sponsors, trustees, agents, brokers) EG normal people in america do not buy directly from blackrock/grayscale. they buy from a broker(authorised participant) its the broker(authorised participant) that buys sells baskets of shares from blackrock/grayscale its a tiered system of middlemen so relax. once the guidelines are set for the brokers.. then the normal people investing will come next
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unless you sell its not profit.. its UNREALISED gains
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doomad slings insults but never uses data, statistics or code to back up his cries true comedy of doomad being the lead cultist of LN.
but here is the thing, many have used LN as a merchant service via different wallets( rying to find one that fits their needs) and dropped it quick when the headaches appear LN has more flaws, and no its not just one wallet implementation to blame.. its the overall protocol flaws.. even LN devs admit to it.. their work around's are not protocol fixes, but seeking users to rely on centralised hubs to offer channel balance, because LN devs cant find solutions to the network problems of LN's design
LN (network) is not the solution to bitcoin
other subnetworks will start from scratch offering niche services for different populous, demography and feature needs.. but LN wont be it
those acting like cultists thinking LN is the solo solution to all problems are the lying exaggerating over promising drama queens that should be blamed for the issues people find when they use LN via many different wallets in many different countries but all notice problems
there are many many LN issues.. its not just strike/chivo.. only reason strike/chivo mentioned in recent days is due to the hypocrite of strike (mellor) trying to say those that believe his fake promises are to blame for believing his exaggerations, and i was responding to mellors hypocracy using him as an example.. but that does not mean the only issue with LN was mellor.. there are many other issues with LN, and many wallets and all the lies of exaggerated over promised utility LN wont achieve nor solve the needs of bitcoiners
mellors hypocrisy which is the same silly antics of doomad(over-promising LN utopian dreams of solutions..) but then saying "dont blame LN for failures, blame a wallet or user error"
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We have seen Bitcoin reach 70k USD and it even reached a point of 71k briefly. We are seeing history being made right here with the new all time high being set once again and it is happening even before halving.
last weeks touchings of $68.5k-$69.9k in my view were not real new ATH breaks however now seeing the $7#k numbers is breaking of previous ATH(2021), breaks the pattern where new ATH didnt happen in halving years so we are no longer in old patterns where new ATH happen a year after halvings.. that said with all ATH, the price can correct.. before next year.. where by after a correction this year, next year could again see a pattern of proper really high ATH rather than this edging above last ATH.. . but due to pattern breaking we are in a truly no-one-knows land.. with: .halving soon approaching, the current ATH of $7#k could sustain marginally and stagnate in the $7#k's for a year before next year jumps .with officially breaking a new ATH prices can correct down thus attempting to stay in pattern with a marginal slip up due to ETF demand ..with etf demand ongoing we could see bigger rises before halving, before year end above $7#k's. truly a no-one-knows period.. no pattern to follow to even make predictions this cycle
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but with bitcoin profits, people can buy homes without the need of mortgages so the "high interest"becomes a meaningless sentence if people can buy homes without loans only those needing loans fear interest rate highs.. only those relying on government handouts fear interest rate highs .. investors love high interest .. anyway governments see inflation rate of say EG 6%+ and interest rate under say EG 4%, they see the spread as a good deal
imagine the bonds they have to pay at 4%. but inflation means they get 6% higher of tax into treasury*. so they can pay out the bond interest with less treasury amount(keep 2% difference)
governments for the next decade want inflation higher than interest, its good for them and if interest remains high it helps push inflation to be higher. benefitting government
you will never see government trying to get inflation below interest if they want to pay down debt happily you will see government trying to get inflation below interest if they want to create more debt happily
*if goods cost X% more government get y% more in sales/income/corporation tax
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going solo(domestically) can be done, just takes time
step 1a. not rely on western "aid". step 1b. not rely on blackmarkets.(stealing aid to sell) step 2. start up ethical/clean business again. - 2a. first retail to sell ready made goods and offer employment, - 2b. this gets the ethical/ good economy markets(stalls and shops) opening to ignite general domestic economy step 3. then fund building basic infrastructure of nigerian locals manufacturing. but it takes time and money but less time/money than doing step 3 followed by step 2
also current process of last few decades of relying on aid and then skipping to 2b. but not doing 3, didnt work (where corrupt people, pirates, guerilla groups steal aid then sell on blackmarket) ... so steps of: first official ethical retail needs to outweigh blackmarket to get good money flowing. then that can spark employment and fund domestic production growth of produce which then funds public infrastructure
doing steps above and using brics to push step 3 forward side by side would be best option.. if all goes right in those partnerships of goods and infrastructure trade deals
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nigeria didnt get much funding support under the US IMF regime to scale up electric production. however brics has many grant/loan proposal projects(and expertise) which countries can enter into if joining brics. so i can see why they are swinging in brics direction
The problem we have in Nigeria is bad governance and incompetent leadership. Ghana is was estimated to be 32.83 million in population in 2021 and it is generating electricity that is almost three times of the electricity that Nigeria is generating. Yet Nigerians are more in population. In 2021, Nigeria population estimate was over 200 million people. We were supplying Ghana electricity before. But now Ghana said they can supply us electricity if we accept such offer. africa as a whole has been used and abused by the international community for centuries everything from international groups stealing agricultural land, displacing natives.. to then mega-farm produce excess food to then throw it at the country as 'aid' to then kill off demand for family run independent farmed produce, causing more conflict, unemployment and homelessness which has for decades caused delays in progress.. and thats without discussing the other resource manipulations of the international groups.. i can see why places like nigeria turned down (western)international support because being handed grants/aid for free kills commerce which kills taxation which kills public utility growth it happened in haiti too after their disasters. when international aid was handing them free solar and free satellite internet. it killed off its own domestic services of energy and communication.. though many people scream their racist calls about US and non-us superpowers. when infact the west failed africa, i can understand why they would try to seek other support. especially when they have more export trade ties to the east anyway(compared to the west) so better to do more deals with the east .. they need some support to bootstrap the beginning of rebooting infrastructure growth to then be self sustainable no one can tell if the nigerian-brics deals will operate without corruption and actually start a new era for nigeria. but compared to the status quo of the last few decades, something needs to change
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Looks like Blackrock is determined to become one of the biggest holders in Bitcoin. I'm starting to wonder how secure this is. Many exchanges have been hacked in the past. Given enough ETFs with enough people with inside access and enough money to be stolen, at some point an ETF could be drained on-chain. blackrock does not have access to the coins........ coinbase does.. thats the point of custodians #not-your-key-not-your-coin
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