Who are we to judge if people isn't fit for the position.  The fact that people had put him on that position stated it all. Those who said that he isn't fit for the position are just jealous of his achievement.  Who do you think fits the position?  Those who have high education but have corrupted heart?  Anyway, he lost the presidency so there is much better choice than him, and it is not that he is unfit for the position.

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I agree, I think it is time for @OP to lock the thread unless something related to the fight happens and can be discussed.

I do not think so because in the early years of FTX, there is a record where SBF father works and got paid by FTX.  If SBF is in a rebellius state, he wouldn't have his father get involved in his business and pay him the works his father did.


SBF parents are knowledgeable about financial laws, this is the possible reason why SBF have the courage to embezzle the funds of FTX thinking that he will get away with it since he got parents who possibly knows holes of the financial laws and how to use them in their advantage.

True TA and FA for Bitcoin is too insane to understand so normal people are just looking at the chart and check cycles.  Now that Bitcoin 4 year cycle isn't a mystery, most people who buy bitcoin don't have to do TA calculation and besides, Bitcoin fundamental is somehow established so yeah, looking at the chart can do and check where is Bitcoin price at the moment.


If one is holding Bitcoin for a long term, buying at its dip does not need any indepth calculation.  Considering the current market, many people thinks that just by holding BTC until 2025 can bring them profit in reference of the Bitcoin halving and 4 year cycle.

Bitcoin indeed open up new opportunities for people who are looking for it.  Since the industry of Bitcoin is still too young, there are lots of start-ups that wanted to venture and try the industry in hopes that it will bring them success and huge profit.  With that, those people who are indeed got interested in Bitcoin not only through trading but by doing business or freelance job can find lots of chances to take advantage of this booming trend.

If you are living in Kuwait, sure you can have the luxury of mining BTC during the Bear Market but if you are living anywhere in the world where the mining electrical consumption is above the current price of BTC then better to buy Bitcoin in the market.  Or if you have deep pocket for the mining maintenance and can hold until the price gets to new height then by all means you can mine at a lost until the market gets better and sell your accumulated Bitcoin.

You can check this electrical price charge map in mining 1 Bitcoin.

Click to enlarge

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edit:  source of the graphical representation and explanation:

https://www.visualcapitalist.com/cp/the-cost-of-mining-bitcoin-in-198-different-countries/#:~:text=It%20takes%20an%20estimated%201%2C449,costly%20venture%20to%20get%20into.

It is highly possible that the wallet.dat file is already damaged.  There is no 100% assurance that a recovered file is 100% the same as it was unless the drive is untouched after the deletion.  It is also possible that the sector that were once used by the deleted wallet, has been overwritten by another file and mixed up stuff when OP try to recover the file. This is if the HDD is in good condition.

If the file is recovered from a malfunctioning HDD, then it is also possible that some sectors holding that file is damaged resulting to a damage wallet.dat upon recovery.

Economically, it isn't hard to predict what would be the action of miners.  If the mining become not profitable, those who are mining just for profit will definitely stop.  Those left would be miners who take Bitcoin mining as hobby and does not take importance of profit. 

I believe Satoshi had a vision that in due time, transaction fee will overtake the reward of Bitcoin in hopes that adoption will do well that miners won't mind getting a fraction of Bitcoin in every block reward because Bitcoin transaction fee is there to compensate .

So the Bitcoin mining future depends on the adoption and usage of BTC.  If these (adoptions and usage) sector fail, it is inevitable that Bitcoin mining sector will suffer greatly and if it does, we can possibly see a huge decline of hashing power securing the Bitcoin network.


As long as the bitcoin price doesn't tank, recover and records another ATH, I think 1.5625 BTC is still sufficient for the miners to sustain their activity.

It already happen.  Haven't the history of cryptocurrency stated that Bitcoin had been forked so many times some are soft fork while many are hardforks that create another blockchain and is called an altcoin?  So the next generation forking Bitcoin is not news anymore.  They can fork it as they like as long as the consensus doesn't approved of the fork, they are only getting an altcoin out of that fork.


As I stated as long as the fork isn't approved by the consensus, they will never get a full Bitcoin from that fork unless they created a market for the forked Bitcoin, sell it and buy 1 full Bitcoin after the sales.

I believe the transaction between Binance accounts are instant.  When paid via Binance user option, the amount paid is credited on Funding funds, not on spot wallets.  It is a fast transfer because the transaction is within the Binance system.  OP don't have to wait too long and so the customer also can see that the transaction is successful in less than a minute or so.


Indeed 5% in bulk sale is huge.  So I guess customer will opt in using the cryptocurrency payment to save 5% of the deal. 

I got disappointed by the previous bounty campaign I participated with that is why I stopped participating in the forum for more than a year and do things outside the blockchain community.  Prior to the latest bounty campaign I joined, I earn almost nothing making my time wasted in joining these bounty programs.  Some of the paid while some of the didn't.  And those that paid often do not get into listing in exchanges and become worthless overtime.

I agree with the post above me, there are still worthy project being launched from time to time but it is very difficult to tell since most project have the same approach strategy.

It isn't web 3.0 (wiki just make it a confusion since they also label web3 as web 3.0 when it is clear that these two entity is different), it is web3, there had been lots of explanation on this thread that differentiate web 3.0 from web3.  It is the web3 that runs in blockchain while web 3.0 can run anywhere. 



Web3 has dapps. so possibly the bet, winnings and paying is processed there.  While it is easier to understand how the process go in a platform running in web 3.0 since web 3.0 can run in centralized system so the processing is done by the centralized system where the owner has access.

As far as understand, every time you made a transaction, (sending out), if you are just sending part of the bitcoin holdings, the excess Bitcoin will go to another address created by the wallet. You can avoid this from happening by getting the private key of the  address holding the balance and import it as solo address, this time every time you send part of the Bitcoin of the existing balance, the excess will return back to the same address because it is the only address available in the imported wallet address.

Though this might compromise privacy but then you will always see the whole balance in the same address when using a blockchain explorer.

Don't be skeptical about the story, besides @OP can always advice his friend to change or modify security information according to his friend's likings.  Sometimes people are too scared of touching anything especially if it is his first time, so the friend intend to ask for a guidance and spoon feed him if possible so that he can escape the nervousness and fright feeling.

It is easier to say when we are knowledgeable about technical stuff but some people aren't like us .  So I believe it is a normal cause for someone who is asking for a guidance to tell everything besides, trust had been established between the two.  So we cannot avoid the information telling part. 

I believe it would be better if @OP will remind his friend to change the security if he is able to understand all the needed stuff in Bitcoin buying, keeping, and holding.

It is better than cash if we can directly transact with BTC but adoption isn't that spread yet.  There are lots of Bitcoin merchants that accept payment via third party application that converts BTC to cash as we pay for our purchase.


The idea of we no longer pay people directly is a moot.  Just go to a marketplace and have a transaction.  We can still pay people directly.  I don't know if OP had made any activities around the local marketplace.  I bet he doesn't and is not aware that market still accept cash and cash alone.

They can ban the player but at least they should return the fund deposits.  They can waive the winning amount since we can consider that the winnings is invalid.  It is a robbery when the fund of a player got banned because of certain circumstances and is not the result of player exploiting the casino for his own benefits.


They had the account blocked and then unblocked, so what do you think the player will thinkg?  Of course he thinks that he is free to play on the casino.  Regardless, I think the original fund deposits should be returned if it accumulate winnings.  But if the deposit amount is losts then there is no need for the reimbursement of fund.

Ooppss, sold mine before I read your post.  But no worries the amount I sold, don't affect the market, it doesn't even erase a sing buy order  .  Anyway I almost fall for your idea until I read it is all for personal gain.   You hate whales manipulating market but you are here manipulating people.  Isn't that the same?  Well, as the saying goes, thieves hate thieves.


Nah, it is clear that OP wanted to manipulate the market by inciting small holders into buying his idea.  The way he say it isn't a figure of speech.  It is a clear statement that he wanted to earn money from his holdings.


If you can't beat them join them.,  We do not need to compete with them, we just need to ride with them.  Just go along with their plan of action and be vigilant.

There is a bold person that predicted Bitcoin will go up $250k  six months from now.  I read an article from cointelegraph a few days ago and this thread reminds me of the bold prediction of that person.  Although it is baseless, he believe that Bitcoin will only need six months (about middle year next year) to be in $250k price.

I found it insane but of course I hope it will happen even my logic say it is impossible.  If you wanted to read the article, you can find it here: https://cointelegraph.com/news/tim-draper-still-positive-on-250k-bitcoin-price-prediction-in-2023.

and this is the reason why he thinks BTC will surge in about six months :

It is FUD until proof is given out.  Another thing someone that is paid by SBF of $15m is pointing the blame of FTX collapse to Binance. I do not know if the statment of this person caries a weight because it is known that this guy has been paid $15m as spokesperson of FTX.  I wonder why it is Binance fault that FTX collapse.  Binance just wanted to get its money back that is originally their before it is invested to FTX shares.  Besides I think it has been a year and half ago and FTX had been spending billions of dollars after that incident.

We don't need to wait 50-100 years but rather we can just look back and check cryptocurrency's Bitcoin fork history dating 2014 up to present.  This history will discourage new generation in forking Bitcoin because most of these Bitcoin fork happen to have short success and then goes down the drain.  Besides, Bitcoin isn't just a code anymore, it has already an established economy  and community that will try to resist any changes greedy developers wanted to implement for their personal gain.

NFT is good while the hype lasts.  Most of NFT reward system today resembles Ponzi scheme.  NFT used to be popular but I believe the hype is already settled down.  As technology it is something outstanding but the reward system implanted to it is absurd and cannot be maintained in the long run.


I believe this sales is staged and use to hype the NFT market.  These trades are possibly done to create a sensational news about the rise of NFT and many investors fall for it.