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moses YET AGAIN wants to promote a final idea. hoping to make money out of it. but always forgets to do the planning and actual work involved before promoting a product
he needs to explain the legal system he wants to see in words. before then asking people to convert it to code.
EG how do jurors vet the evidence, who choses the jurors . who stops alot of bias jurors or jurors with motivations to sway the judgement
how to prove jurors are independent and not just one victims/accused's relative with hundreds of addresses/accounts
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never "sell all"
decide on a % to sell dependant on need of such funds and how much % the price has gone up by
with enough small events you can establish 2 reserves . of btc and fiat to take each opportunity of a up or down
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no code can program "human"
it just becomes who can social drama the best story of what events happened, and make their story the most viral to get most votes.. you cant program that
In summary, it'd just become a different or extra version of the currently disliked/suboptimal system. Most courts can become victims of manipulation already and a decentralised one would do the same unless it's based off specific logic (such as decentralised exchanges). blockchains just log the result of a protocol blockchains already exists and are not complicated to perform such a log the protocol however that is the complex part there are certain things that cannot be programmed. and humans are not logical.. unfortunately there have been many "justice" systems theorised. such as having an ID system where everyone is registered and how people earn reputation points for life stuff. and if asked to be on jury duty they are all put into a pool of possible jurors where their life attributes choose best candidates (peers) EG a black african suspect has more then 50% black peers as jurors.. but then comes the "privacy" "surveillance state" other things like each piece of evidence is logged as a linkable hash to a file. and each piece of evidence has a 2 addresses, (for or against) determining if the evidence works for or against the defendant. which then adds up to which amount of evidence corroborates the defence or the prosecution narrative |
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nothing need to be set up
its simple
a judge can say
if you find him guilty deposit your 0.0001 ($2) and fund his prison time to address X
if you find him innocent deposit your 0.0001 ($2) and fund his compensation for having his time wasted being accused
the court exists.. however. trying to get justice.. no code can program "human"
it just becomes who can social drama the best story of what events happened, and make their story the most viral to get most votes.. you cant program that
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unless there is a 6 month sustained hashrate crash compared to the previous 6 months. then the $15k bottom would be the good test of this cycles bottom
as for hoping for a spike rise to a new ATH within weeks/months.. no. so please calm that dream too
since april last year alot of whales have been investing alot.. but via "futures contracts" where they then as a side investment arbitrage the spot market to control the market in a "step pattern" to keep numbers below their bets to ensure their bets flourish
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done in steps of 1-8 week step (artificial flatlines)
the december2022 was a month long wait of suppressing the price below $17k which finalised at the new year and allowed the whales to then 'release' that resistance line to allow the price to move above $17k
however last week we are seeing a new artificial resistance line at $21500k (25% above $17k)
so we will start to see due to lack of ability to go down from 2022 bottom.. a step up 'loosening up of resistances' pattern
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however these step ups might be weekly per step.. or as long as 8 weeks per step
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its got nothing to do with the CPI reports or other social drama of fiat
the real reasons
december had an artificial whale wall holding the spot price down below $17k because whales had "futures" contracts on the futures markets, whereby, if at year-end. when many contracts expire and if price is below $17k= they win.. and so they held the spot price below $17k to win. and they did.
the new year began so they removed the whale wall.. to allow free flow of more normal speculation..
and that was it
and new contracts this week show a new artificial spot market wall of $21k where they dont want to see prices go above $21k
when those contracts expire they will remove that whale wall also
its not rocket science
when you see a chart have a weirdly unnatural flat-line(zoom out if you cant) it keeps hitting. explore the reasons for that wall/line
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its a share buyback not a give btc to shareholder thing
I have read differently. So I guess until this proposal isn’t launched with a proper offer and term sheet, we will continue discuss about this (or we better stop doing so until we know more with certainty!) the annoucement last month These options could include a tender offer for a portion of the outstanding shares of GBTC. We currently expect that such tender offer would be for no more than 20% of the outstanding shares of GBTC.
tender offer... tender =fiat of the shares of the shares it is NOT about opening up a redemption program (its NOT a 1x value share for 2x value btc offer everyone salivates over) it IS just a share buyback. (reduce the pool of shares by 20%) in short bringing the number of shares from 692,370,100 to 553,896,080 |
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heres a few things about using "hash" for a base value to guide the market above it
you need to take alot of real world details into account.
yes small silly hobby miners react based on daily movements and their monthly bills.
but they are part of the speculative market zone(above value)
becasue there are many mining costs across the world
however. separating out the weak from the efficient..
the most efficient mining ON THE PLANET is a separate indicator.
it doesnt play by daily whims it has hardware that last a couple years before upgrading. it has electric contracts of 6-24 months. and so no matter the hashrate they still mine. as there is no cost benefit not to mine if they have contracts of electric for long periods. (they save nothing by stopping, they just waste time by not mining)
if you can calculate their costs of a 6 month run based on last 6 months average hashrate. and last 6 months of coin rewards. then you can calculate the cost per coin baseline. which should 'step up' incremental each 6-24 months rather then pander to the daily whims
above that base line. then you can start to build more short term indicators
but one thing is for sure $19,20,21 is not a base line.. the line is still near the 15 zone
.. right now the most impacting indicator this week is the futures market. where there are alot of deals not wanting to see the price go above $21k before their futures contracts expire.. hence the artificial flatline on the spot market resisting prices going above $21k this week due to whale day trading/arbitraging to keep it down to ensure their larger futures contracts win.
so enjoy those subtle hints
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to clarify a bit further
grayscale do not want to do or propose for a vote of a redemption program(shares for coin). they want to offer a 'buyback' repurchase of share program(fiat for shares)
meaning dollars to buy back shares.. which means grayscale as sponsors can then untether the btc in the trust as no shares associate to it. and thus either remeasure the remaining share against the trust collateral to raise the shares to be at less discount. or just yoink the btc out to use for other grayscale business.. we may find out at 23rd when grayscale file their next SEC deadline response
I guess the “sale” of the Bitcoin in the trust will be necessary to fund the repurchase. They are using those funds to repurchase the shares, possibly using some kind of temporary bridge loan. it doesnt work like that. as thats backwards. ever since post #649 you have been obsessively hoping that its some kind of ability for shareholders to win/get/receive bitcoin in exchange for shares... and multiple times including quotes i have said and shown that is not the case heres the two options (neither involve share holders(customer) getting BTC) using FIAT... greyscale buys back the shares AT SHARE PRICE.. end of story for the share holder.. bye bye they are gone with their fiat.. ex shareholders walk away with fiat at the SHARE rate. 20% of share holders escape those 20% shares are destroyed. this legally THEN untethers nearly 20% of BTC of the trust(for grayscale/dcg to do with as they please as they fronted the fiat). a. where they can leave the coin in and rebalance the remaining shares to be less "discount" b. they take out the BTC to use internally for DCG issues.. becasue its not part of the "share product" again forget this proposal being a "share holder btc redemption" its not. its a share buyback.. not a give btc to shareholder thing |
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i dont agree with their timescale. but its healthy to get into practice, early.. .. just in case
"bitcoin" is not vulnerable(in a sense where idiots think bitcoin is overall broke.. (reality: ITS NOT!))
quantum cant compete in regards to the ASIC hashpower of the blockchain(sha)
what is "at risk" is some p2pk utxo's
by using p2pkh or other formats your unspent funds are safer,
(quantum cant really do backward engineering on the ripemd160 hash or sha)
but just dont re-use address after you spend(PK key is revealed)... put any 'change' or future funds to a new address.
that said. its not like quantum will reverse engineer in 0.1 seconds. it takes time still. which is a slight deterrent so the more you own on a address the more caution to ensure you "spend" correctly.
(they wont waste hours of a billion dollar machine to steal coffee amounts)
debit cards and other banking systems are more at risk..
EG debit cards are not as easy to change your bank account in minutes. but with bitcoin you can use a different address per spend(few minute exposure risk)
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copying from other topic to save re-writing Meanwhile, SBF does not waste time in vain and, being under house arrest, releases a saga where it accuses the CEO of Binance of organizing a purposeful failure, which consisted in conducting a public relations campaign against FTX, which, in his opinion, led to the collapse of Alameda, which subsequently spread to FTX and the rest. In general, as always happens, malicious haters are to blame for everything, not their own miscalculations, irresponsibility, greed. and ambition. Who is interested in the SBF version here: https://sambf.substack.com/p/ftx-pre-mortem-overviewscam bankman fraud is trying to set up a defence that his 'victims value' is under $1m as oppose to billions for US thus trying to assume he can only be charged in band H and not band P for the US crimes .. yet we all know he done bad things with more then just his claims of under $1m id say $550m+ is the ball park of his crimes and where his penalty points should be pointing at victim value points
(H) More than $550,000 add 14
(I) More than $1,500,000 add 16
(J) More than $3,500,000 add 18
(K) More than $9,500,000 add 20
(L) More than $25,000,000 add 22
(M) More than $65,000,000 add 24
(N) More than $150,000,000 add 26
(O) More than $250,000,000 add 28
(P) More than $550,000,000 add 30. i explained his charges and sentencing "points" better here(previous page of THIS topic) but basically if he can be charged for US offences of mis-managing/stealing/defrauding less than $1.5m which his substack is trying to convince people of.. it changes a upto 25years per charge into a 46 month(under 4 year) per charge which he could also get if multiple charges convict be serves alongside each other instead of after each other
thus changing the medias announcement of 115 years down to 3year 10 months max
..
as for the other BS he says in the substack. he never had 100billion of real value assets..
that was his BS ftt over priced and other silly self-tokens he made being over priced but not requiring all to be sold to create fake "market valuations"
i can make 5trillion tokens. sell just 1 for $1 and boom i now have a token market value of $5 trillion
and thats as fake as SBF supposed $100billion business value
key details: he didnt have $100b of VIABLE real assets.. he had~20k btc (min value $340m) meaning if he defraided/mismanaged/ stole then the charges are higher than $1m id say his business was maybe $8bill value. and his frauds were worth more then $340m |
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Meanwhile, SBF does not waste time in vain and, being under house arrest, releases a saga where it accuses the CEO of Binance of organizing a purposeful failure, which consisted in conducting a public relations campaign against FTX, which, in his opinion, led to the collapse of Alameda, which subsequently spread to FTX and the rest. In general, as always happens, malicious haters are to blame for everything, not their own miscalculations, irresponsibility, greed. and ambition. Who is interested in the SBF version here: https://sambf.substack.com/p/ftx-pre-mortem-overviewscam bankman fraud is trying to set up a defence that his 'victims value' is under $1m as oppose to billions for US thus trying to assume he can only be charged in band H and not band P for the US crimes .. yet we all know he done bad things with more then just his claims of under $1m id say $550m+ is the ball park of his crims and where his penalty points should be pointing at victim value points
(H) More than $550,000 add 14
(I) More than $1,500,000 add 16
(J) More than $3,500,000 add 18
(K) More than $9,500,000 add 20
(L) More than $25,000,000 add 22
(M) More than $65,000,000 add 24
(N) More than $150,000,000 add 26
(O) More than $250,000,000 add 28
(P) More than $550,000,000 add 30. i explained his charges and sentencing "points" better here https://bitcointalk.org/index.php?topic=5422359.msg61575505#msg61575505but basically if he can be charged for US offences of mis-managing/stealing/defrauding less than $1.5m which his substack is trying to convince people of.. it changes a upto 25years per charge into a 46 month(under 4 year) per charge which he could also get if multiple charges convict be serves alongside each other instead of after each other thus changing the medias announcement of 115 years down to 3year 10 months max .. as for the other BS he says in the substack. he never had 100billion of real value assets.. that was his BS ftt over priced and other silly self-tokens he made being over priced but not requiring all to be sold to create fake "market valuations" i can make 5trillion tokens. sell just 1 for $1 and boom i now have a token market value of $5 trillion and thats as fake as SBF supposed $100billion business value |
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to clarify a bit further
legally no one owns the trust. as thats the point of one.. it acts as self entity with rules. where the rules define who manage it
there are trustees who are responsible (and re-sponser-able) for the management of the trust
and they designate what goes in or what comes out based on the rules and contract of the trust (who the beneficiaries are and when a payout can be made)
as a trustee(sponsor as grayscale call it) they have 'rules' to follow and as trustee/sponsors.
the trustee aka sponsor is currently grayscale. and separately grayscale have a "product" that they sell as shares (separate from trust ownership) that represent X amount of value inside the trust. as a measuring stick of responsibility. but not ownership of said value
(its 'advisory shares' not stock ownership stake(advisory shares are not allowed to be 'stock' yet (research the whole SEC drama))
they sell that responsibility(advisory) in a form of shares. meaning people can 'vote' using their shares to change the contract or change the sponsor managing the trust but at this point not own the btc inside the trust.
grayscale do not want to do or propose for a vote of a redemption program(shares for coin). they want to offer a 'buyback' repurchase of share program(fiat for shares)
meaning dollars to buy back shares.. which means grayscale as sponsors can then untether the btc in the trust as no shares associate to it. and thus either remeasure the remaining share against the trust collateral to raise the shares to be at less discount. or just yoink the btc out to use for other grayscale business.. we may find out at 23rd when grayscale file their next SEC deadline response
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I didn’t know if this question is already asked here. Just refer me to the answer if there is.
[1]Where exactly did Grayscale purchased there Bitcoins
[2]and are they still accumulating up to this point?
[3]Does there Bitcoin address is available for there investors to monitor company holdings?
[4]Lastly in case that Grayscale will decide to already sold there holdings.
[5]Will they do an announcement to the public right after the sell off commence?
[6]And will they use exchange?
1. OTC(off market over the counter), mining, company acquisitions(collateral swaps) mainly 2. small amounts. most of it was bought/acquired over many years 3. its spread over many addresses which coinbase has custody of the wallet someone did try to track them. heres his tweet thread https://twitter.com/ErgoBTC/status/15943083820848128014. nope, they will announce a share buy back first before touching the coin 5. they have to buy back the shares first. to unlock the reciprocal amount of btc the share represents 6. they would use OTC |
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those websites dont work as you think
what it does is have numbers from 1 to 128 on page 1
by you picking a "page number" its simply doing page number *128
and displaying the number, and then converting it to a private then a public
the website is not storing
its not checking prior to you deciding on a page number
its just displaying a random number of a page of YOUR choosing
converting it and then checking
there is no hack there is no storage. its just plain math
you're trying to find a specific grain of carbon in all the carbon of the universe
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those websites are not what you think read the first link How does this work?
A private key is basically just a number between 1 and 2256. This website generates keys for all of those numbers, spread out over pages of 128 keys each.
This website doesn't actually have a database of all private keys, that would take an impossible amount of disk space. Instead, keys are procedurally generated on the fly when a page is opened. The page number is used to calculate which keys should be on that page.
using math you should be able to work out how many possible private keys there could ever be and to check them all. how much time it would take its like 115,792,089,237,316,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000 imagine you tried 1million a second checks 115,792,089,237,316,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000 seconds to perform 1,929,868,153,955,270,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000 minute 32,164,469,232,587,800,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000 hour 1,340,186,218,024,490,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000 day 3,671,743,063,080,800,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000 year 104,906,944,659,451,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000 35 years 26,226,736,164,862,900,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000 4 descendant generations yep in 140 year there are still 26,226,736,164,862,900,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000 combinations you have not tried try to realise how big that number is.. trying ONE million combinations every second for 1000 years still leaves you with 3,671,743,063,080,800,000,000,000,000,000,000,000,000,000,000,000,000,000,000,00 that you have not tried trying to find your random number in that number is going to take anyone more then they can imagine there is soo much entropy/ breadth of possibilities its not simply finding a pin in a haystack its finding a specific grain of carbon that could be on any planet in the universe there are only 43million used addresses meaning 1 address is randomly somewhere in 2,666,340,940,292,410,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000 possible private keys |
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But still, you can find everyone privkey in the open web with its balance, overall everything, how's this private way of keeping funds?
nope. you are mis-interpretting things again do you want to learn or just rant? ill help you learn some stuff. but it seems you might just be in a mood to rant today |
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yes, this is not technical , just a trend lines by elliot numbers
I done technical in other profile of trading view
you done a chart with lines on it too. just putting (1)(2)(3)(4)(5) at the elbows of the lines does not make it technical can you explain your elbows without referencing a mart price pattern or market history. is there any detail about 1-5 thats not market related data is so please list why YOU chose those 5 points and explain each point and we can see if they have any foundations or if your ok to admit your lines are just trend anals. care to show the "other trading view profile" which you do wish to call technical analysis where you can explain the sources |
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Hi everyone,
Why is the price of BTC on poloniex around $12 but on other exchanges it is $0.89?
Thanks
BTC?i just checked poloniex BTC / USDT 20684.00 ≈$20705.55  i think what you are looking at is NOT bitcoin but some altcoins/sidechain token phishing to be bitcoin edit. seems he is talking about Sh*t Token not BTC |
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late 2021 el-salv president bought ~2400 of actual bitcoin this was for "government assets" which it would allow its citizens to claim $30 allotments of. the problem was they foolishly used blockstreams LIGHTNING as the backbone payment network of chivo. it could not cope with that amount which by december 2021 was showing alot of complaints about lightning bottlenecks.. they soon dropped lightning and went for a CEX to manage the backbone of operations of payments they also wanted to use blockstreams LIQUID for the bonds project. the issue. and still remains an issue is that the liquid network does not have $1b worth of coin on its network it only has ~4000 (l-btc) https://blockstream.info/liquid/asset/6f0279e9ed041c3d710a9f57d0c02928416460c4b722ae3457a11eec381c526dthis caused more delays and change of plans so i hope el-salv is actually going to buy actual bitcoins and avoid that blockstream subnetwork crap phishing themselves as being "bitcoin" but failing to actually work for el-salv
the idea for the bond is. have bonds that they can sell for $$ to commercial banks around the world to then use that $$ income to partial buy btc and... build their geo thermal power plant. and then mine bitcoin and give back earnings/profit to the bond holders however the smart plan is to issue bonds to buy bitcoin. and let the bitcoin price appreciate and then use the profits from the appreciation for the power plant, and then have coins left over to keep the bond holders happy while the build is occuring. and later refill the btc pot with mining rewards.. but lets see how they play it out |
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