Great to hear that. Means that a lot of new people tries to join network. Thats surprising because total number of nodes is constantly decreasing. If you have any problem finding invitation I can share them with you. I think I can get ~10 each validation from me and my friends. Just PM me.

Oh I see you are a type of person that, after seeing first black swan, bet that every next swan will be black. Its not how it works. Black swans are not called black swans without a reason. Its because of the fact that its an extreme rare event that no one expect to happen. Its not an every bear market must have. It would not be a black swan if it would happen every time market expect it to happen.

And stop thinking about halving as a 100% certain pump event, because a black swan event for you may be a dump instead of pump after halving. How about that? And why halving is not that important in my opinion?

At least not another 20% down. Hope its a bottom because less than 2k nodes is nothing to be proud about.


What you mean by invite code crisis? First time i hear there is any problem on this field.

Countries dedolarize (especially after us seizing Russia reserves after invasion on Ukraine) but individuals and companies are dollarizing which is reflected in growing DXY. Especially in hard times when local currencies face a risk of hyperinflation. I mean that USD is a peace of toilet paper, but there is no better alternative. Its the currency of the biggest economy of "west civilization". Civilization characterized by respect for private property and the individual human. So no one will go use china CBDC as china does not respect basic human rights (latest 0-Covid policy, 1-child policy just to serve as example). Also china is a potential US competition and in the event of a potential conflict, assets will be frozen. So the only people that will use China CBDC are china citizens and citizens of countries that are allies to china.

So far its a long way to go with a high probability of failure. So far "dollars are involved in nearly 90% of all transactions.".

Na pewno to nie było BUSD, ale może była to suma BNB i BUSD jako rezerwy w tokenach kreowanych przez binance. Ale samo BNB też stanowiło większą wartość, rzędu 10-20%.

Sprawdzam dziś ponownie, a tu taka niespodzianka:



Czy to nie pokazuje przypadkiem randomowych wartości ? Wczoraj BNB to było tylko 500 mln, dzis już blisko 10 mld a całość rezerw sie nie zmienia.

EDIT: Ponownie odświerzyłem stronę:



Chyba to jest zbugowane i myli giełdy. Te rezerwy wyglądają na rezerwy Gate.io

"CZ alleges FTX paid $43m to run Binance FUD in media"
https://crypto.news/cz-alleges-ftx-paid-43m-to-run-binance-fud-in-media/

Taki oto news mi się rzucił ostatnio w oko. FUD działał i byliśmy dzięki temu świadkiem stress testu największej giełdy. Rezerwy stopniały wtedy o jakieś 30%.
Binance pozostał jednak wypłacalny, a rezerwy wróciły w okolice 70 mld$, czyli okolice ATH od momentu udostępniania danych. Nie wiem jak dla was, ale dla mnie fundamenty binance wzrosły po przetrwaniu tego testu i pokazaniu, że jednak nie pływali goli przez cały czas.

Ale ale.
https://coinmarketcap.com/exchanges/binance/
Ktoś wie, czemu największa pozycja zniknęła z rezerw? Do tej pory było to BNB. Teraz twierdzą, że mają 69 mld$, tyle co przed fudem, ale tylko 500 mln w BNB. Wcześniej BNB stanowiło jakies 50%? Ktoś pisał dokładnie ile ale już nie pamiętam. Sprzedali do bitcoina, czy kreatywna księgowość, by uciszyć ferment?

Lesson learned? What lesson?

Official story is that:

1- Elon invested in bitcoin long term ... as it turned out later, without checking what bitcoin is and how it works.
2- Elon did research bitcoin and find out its not environment friendly XD (after initial investment)
3- Elon FUDs bitcoin
4- Elon shill shitcoin like cumrocket
5- Elon post "diamond hands"
6- Elon dump at loss

So bad timing is not the whole story... Being a dumbass or market manipulator with fake official story or on drugs is much closer.

Yea, but only to the certain degree. As I said. 10% doing 90% talking. So if talking is no longer working those 10% means nothing. And we see how its being played out last months. Powell is trying to be hawkish, raising rates, but market is pumping for last 3 months knowing that monetary system is totally out of FED control. They simply made everyone, who believes in their lies sell and now they just tilting at windmills. They control only those dollars that are on their balance sheet. They don't control whole Eurodollar system which is cashless and reserveless (offshore dollars). Simply too many identities all over the world can put new units into circulation. USD is out of control. Especially out of fed control.

"Since the Eurodollar market is not run by any government agency its growth is hard to estimate. However, the Eurodollar market is by a wide margin the largest source of global finance. In 1997, nearly 90% of all international loans were made this way"
https://en.wikipedia.org/wiki/Eurodollar

Try to controll that mr Powell.

That's what they want you to believe And they are super successful with this. 90% of monetary policy is talking, 10% is doing. They tell you they will be hawkish so you sell and limit spending. Its kinda self-fulfilling prophecy.

Jeff Snider explain it in a simple way - https://www.youtube.com/watch?v=KNa-fewraJA&t=36s&ab_channel=WhatBitcoinDid
FED does not have tools to impact markets nor they even know what is going on and how money works. They have a tool to make you think they have tools

What we will see in February 1st is a single day strong volatility that does not influence rest of the trading month. People get excited about huge dump/pump, not realizing its being eaten up in next 2 trading days and market continue to do its job going in direction it would go without announcement. We just have to look at wider picture and ignore the fact that market changed in a casino for 1 day a month. You will see trends that makes FED do what they do istead of gambling on single FED decision. Who cares if they will stop rising rates this time or after 3 months? They will do it sooner or later, inflation is already dumping. Market knows it and buys the dip. Will sell the top after FED pivot to guys who still wait for better times.

Of course every next halving will have lesser impact on price. At least fundamentals of each consecutive halving are much lower.

1st halving reduced monetary inflation from 25% to 12%. Second halving reduced monetary inflation from 9% to 4,5%. Now we are getting closer and closer to the 4th halving that will reduce bitcoin monetary inflation from 1.5% to 0.7%. Both numbers are negligible compared to 8% official CPI in US, 10% in EU or 80% in countries like Turkey. Halvings fundamental impact on bitcoin price is getting lower and lower with every next halving in oppose to macro data, FED decisions, interest rates, recessions and of course ADOPTION.

So its exactly like DooMAD said. You are scared that dumb buyers will get disappointed. Thats your biggest fear? in worst case scenario they will dump cheap coins at the bottom for smart money because bitcoin is not all about pump and dump around halvings.

What makes you think that bitcoin is 100% clean? That it was not made by CIA or other organization?
Why the fact of J.P. Morgan being secred, seed investors makes ETH not worth to use/invest?
What's wrong with consulting ETH's business model (tokenomics) with the bankers from J.P Morgan?

BNB still have good fundamentals/price ratio. Here is a thread I made about BNB back when it was @15$.

Phenomenon of BNB (Fundamental analysis BNB/USD)

Now, despite the fact its at 300$ and we are in 600 days+ bear market it still looks good. I'll update calculations (P/E indicators) when i'll find a time.
If you want high risk/reward coin with tiny marketcap take a look at IDENA. First Proof-of-person blockchain. No KYC. Sybil resistance achieved via Turing test.

I hope its gona be later than sooner. Bitcoin does not need banks. Banks needs bitcoin to steal purchase power from bitcoiners by fractional reserve system and money creation.

Money creation system - is bitcoin creation resistant?

It depends if we are in bear market or bull run. In bear markets they are calling "bitcoin is dead" - https://99bitcoins.com/bitcoin-obituaries/ to create even more fud. In bull runs they call a 100k$ or 1 mln$:

JPMorgan says bitcoin could rally as high as $100000
JPMorgan: Bitcoin price could rise to $146K as it competes

So they are like counter indicator for us, experienced crypto traders.

"Earnings don't move the overall market; it's the Federal Reserve Board... focus on the central banks, and focus on the movement of liquidity... most people in the market are looking for earnings and conventional measures. It's liquidity that moves markets."
Stanley Druckenmiller

Stanley Druckenmiller was one of the best traders. Working as lead portfolio manager for Quantum Fund (George Soros).
And liquidity affect all markets equally. If there is a shortage of dollars, all assets dump. If dollars are print into economy, all assets are booming.

Yes that's a strategy to beat casino but with extreme low probability that is not paid with high enough reward (poor risk/reward ratio) so its not the strategy that can be used for anyone because on average 60 out of 100 will not even double before loosing everything. So its not like every person who starts wins and only those who stays long enough in casino are losing. Some lose everything without being in a profit even a penny. It's a myth that new gamblers (first time in a casino) are luckier than others.

Casino is a place to have fun and feel extreme emotions. Not a place to easily win first million.

Great to see developers building use-cases on idena. Whats are your palns for future? Any other product?

I think you can write few posts about your betting tool in gambling section or gambling duscission to find userbase.

There should not be a problem. You can always do a test transfer with tiny amount to be a 100% sure (minimal deposit to binance is 1 sat), but I don't think that there will be any issue.

U mnie też wyskoczył obowiązek zaakceptowania regulaminu. Nie obyło się też bez ponownego KYC ... już zresztą trzeciego na tej platformie, tym razem zgodnego z "nowymi wymogami". Zaakceptowałem. Bez akceptacji konto w trybie tylko do wypłat.
Jeśli chodzi o twoje obawy podglądania zawartości konta to przecież zawsze taką mieli. Pytanie czy przekazywali to dalej do urzędu skarbowego, czy nie i czy obecna zmiana znacząco na to wpłynie. Wydaje mi się, że niezależnie od tego, czy podmiot jest zarejestrowany w Polsce czy nie to i tak trzeba założyć, że będzie współpracować i na prośbę US przekaże wszystkie informacje. Moim zdaniem jak gdzieś się zrobiło KYC albo zostawiło jakikolwiek ślad po sobie, to trzeba się z tego wyspowiadać przed US, bo prędzej czy później, a mają na to 5 lat, się do tego dobiorą.

There is a good move about how market works and how rating compaies did not worned us before GFC in 2008. In "Big Short" there is a memorable scene about how a person from an auditing company explains that he have to give A rating , in another case his client will go to another rating company to get it. The only difference is that someone else will earn for the service.

They are not comming here to help us. They came here because they see a product they can earn on which is "bribe for a good rating". Can't wait for 2030 huge crypto collapse after A+ rating stable coin going bust.