https://charts.bitbo.io/cycle-low-multiple/

Green = Previous Cycle
Red = Current Cycle

That would not help the country and the people left in it though. After all you need a population, specially young generation, to handle different jobs in your own country. If the majority of them are migrating, a lot of things could halt domestically.

It could even lead to more inflation. It's a simple matter of supply and demand.
Take truck drivers for example. If majority of them migrate for a better pay, locally there will be a deficit and the supply chain will be disrupted. The remaining drivers would demand a much higher paycheck to deliver goods like groceries to the grocery stores. So the price of what the end user has to pay for skyrockets too.
We saw something similar to this (supply chain disruption due to lack of truck drivers) in UK after Brexit.

In such a scenario it won't matter how much foreign reserve the government owns...

I cannot really be sure regarding how the topics could overlap in terms of how we might talk about the effects of runes and ordinals (inscriptions too) on bitcoin, and including potentially our own personal financial considerations that might involve how much that we might want to get involved or financially dabble in pump and dump baloney as compared with just building our BTC holdings and/or engaging in other practices to try to protect our BTC holdings during many times that there might be both ambiguities in the market but also congestion on the blockchain that might cause some of our UTXOs to either unspendable or uneconomical to spend.

On a personal level, I don't really have any problem with guys who are tempted to gamble in various ways, including if they might see some potential areas in which they might earn more money - yet we know with bitcoin people might end up getting deceived and distracted away from bitcoin, as the prize possession... so if there is such a great asset such as bitcoin itself, why add additional risks when you have nearly a sure bet (yeah, I know nothing is guaranteed, so we have to account for even bitcoin not being guaranteed either)...

I know for you personally (Wind_FURY), many times you have claimed to come from a kind of impoverished starting point, so then there is a bit of an implication that you are having to struggle to build the size of your BTC holdings, so perhaps you are not even close to being in a position to having enough (or more than enough) BTC, so your distraction into other ways to increase your BTC stash seem to be greedy rather than practical, so maybe my own punchline consideration would be regarding how much of your BTC are you willing to put at risk in either your diversion of BTC into gambling on runes, decentralized finances, ordinals/inscriptions or whatever other bullshit pump and dump nonsense that you are identifying to potentially be profitable?  If we are talking less than 10% of your BTC holdings (without cheating about it), then sure, that might be within the realm of reasonable in order to satisfy your urges to gamble and to try to get rich quicker than you otherwise would be able to with a more pure bitcoin approach.

Also, I am not really opposed to the idea of learning about something through putting some money into it, even if there might be a bit of a waste of time element to the whole matter, yet we still come down to putting limits on ourselves so that we do not get too diverted from actual wealth building and if you are claiming to having poverty-stricken circumstances, then you likely already realize that it can take 30-40 years in traditional investment scenarios to build wealth and potentially get to fuck you status (and many folks do not even get there after more than 40 years investing and doing all the right things in traditional investments). 

So, bitcoin potentially gives you a chance to actually get to meaningful and significant wealth building in perhaps less than half of the time as traditional investing 15-20 years and maybe even higher chances of actually getting to such a wealth-built status, so why fuck it up by potentially getting greedy and/or overly dabbling in shitcoins (runes etc) merely based on the fact that you might be feeling somewhat wealthy based on your already 8-ish years in bitcoin (congrats, I see that you just passed your 8 year anniversary on the forum - can't be claiming newbie status anymore.. hahahahahaha).

So.. yeah, even folks who had been modestly investing in bitcoin over the last 8-ish years might have made a lot of mistakes and still be feeling that they are doing somewhat well in terms of their own bitcoin investment performance levels.  This can happen with any investment in terms of the psychological components of a wealth effect that might contribute towards more spending, risk taking, withdrawal of capital and/or even temptations to diversify that might not be reasonable/necessary - while at the same time, it might be difficult to recognize and/or appreciate the value of sticking to the earlier course of action that would be to be continuing to stay focused on the prize (bitcoin in this case) and not getting lured into shiny objects that may well merely be serving as ways to separate you from the bitcoin you have so far built to date and also the bitcoin that you would continue to be able to build by remaining focused on ongoing accumulation of bitcoin rather than other "possible things that might (or might not) return more."

I saw the previous contest about this wagering contest and it looks like a lot of hassle since you will need to forced some of your bets since the quantity is the main factor to win on this game so it’s simply a spam bet game. It’s costly especially that bets has a minimum odds and bet to qualified.

Maybe for hardcore sports bettor this is not a problem but for user like that is struggling just to have multiple bets per day makes this contest so hard to participate. 

You don't need any reputation because coordinators are not trusted.


"Mixers" are scams that steal from you and track all of your transaction history. This is the opposite of a coinjoin, which is trustless.


Any entity with enough capital can perform a Sybil attack, this isn't a privilege of the coordinator.

So I was learning a little about the "world's largest crypto options, and futures exchange" how they call themselves, and even speed-read their tutorial about options.

I do understand the basics of options trading, but there is one thing I still don't understand: why options?
"limited risk" can't be the main reason to trade options. I get that stop losses aren't the most secure guarantee that your risk is limited, but they do work in most cases.
for "leverage" you don't need options either.

what is the main advantage of trading options? or would it be the main use case?
someone experienced with them could give me a hint?

Decentralized trading is a key focus for Rodarmor, who revealed his idea for a Runes "gossip" network. This innovative approach aims to facilitate direct trading between users, potentially solving issues like RBF (Replace-By-Fee) and reducing reliance on centralized exchanges.

https://theordinalshow.substack.com/p/casey-rodarmor-runes-deep-dive

Read what I said again: You don't have to trust coordinators. There's no way to create a "honeypot".

Kruw will now tell you that the reputation of an individual doesn't matter because everything is open-source. He might also mention that it can't be a honeypot because the wallet doesn't collect any information. Did I mention it is open-source? Finally, if you are not running your own coordinator then you are a pussy.   

I’m always a fan of deposit bonus since I consider it as free money given that I’m gambling regularly so I will gamble regardless if there’s a bonus or not that’s why it’s much better to have something additional to claim aside from the regular benefits of casino.

I’m looking forward for competition or free spin bonus which is not that popular these days on the forum since we are already dominated with prediction contests on sports.

I will admit that I thought that the fees would stay higher for longer, and perhaps with a bit of uncertainty for several months.. .but, yeah we are ONLY about a month out and fees have been pretty damned reasonable for about the last week or so..

For me personally, Runes as a technology isn't that stupid. In the OP I'm referring more to the model to create a token whose only value lies in having a "creative name" and which can then be "minted" by anyone.

But Runes can also be used for things that make more sense, of course, like as a game currency, or as a crowdfunding platform. However, it would not make so much sense to create this kind of currency on Bitcoin due to the fees. The "magic" of Runes is much related to the same (imo stupid) "value proposition" than in BRC-20: having a "valuable" token on the "OG" Bitcoin blockchain. Very much like a NFT, but in a minimally fungible way.

By the way, Runes could be probably transferred via LN if their protocol includes timelocks and hashlocks. I don't know the protocol in detail however. This is something which can be added but adds some complexity to the algorithm (basically they need either a hard-coded way to do those locks or an own "Script language").

I think you forget the fact Runes use OP_RETURN to store the arbitrary data, where OP_RETURN output usually isn't stored on full node UTXO set.

That doesn't mean the consensus rules can't be changed

I was truely amazed to see people here on Bitcointalk post they want to "check it out".

I'm kinda expecting people to get arrested over this at some point. This isn't 2017 anymore, when anyone could create an ICO and get rich from gullible people without consequences. Software developers are now being prosecuted. Add some money laundering to the NFT market and I wouldn't be surprised to see this happen.

That would hurt Argentina itself a lot more. After all you are talking about work force being "exported"! That would create a deficit domestically. Production lines would die and that would kill the economy even more.
In the long run the migration of the younger generation would have even further negative consequences on the society and the economy both.

you do realize that these people storing data using ordinals are getting a 75% discount on their fees. i disagree with that. if they were paying the full fee that might be different. but even then, obviously it is nice if you limit how much data can be stored per transaction. there's a precedent for doing that you know...

Without a doubt stake.com.  0/10 if you are a winning better.  7/10 if you are a losing better.

They selectively scam people from third world countries with impossible KYC requirements.

When you provide them documents in english, they ask for other , niche documents that only exist in your native language but stake only accepts english documents.

But with OP's  Post history here in Bitcointalk? he seems to be not a newbie or being started
which means he knew what he is asking here (or maybe trolling of there are really offering fixed matches)
or OP is like shooting stars hoping he can hit them using a hand gun 

I agree with what you said, real inflation has not improved too much and is still high. But CPI in April was at 3.4% and lower than before. Looking at that, we cannot be said that inflation has not shown signs of decreasing, it has decreased but quite slowly.

In addition, I think if we wait until the world situation calms down, energy prices decrease, supply and demand are not interrupted... then make the decision to reduce interest rates, I think interest rate cuts will never be possible. Because interest rates are being maintained at too high a level today, it is also said to be one of the many reasons making it more difficult for the economy to recover. Maintaining interest rates at high levels is no different from a double-edged sword, it can curb rising inflation but will also make the economy more stagnant, even falling into recession. So I think that's why the Fed still needs to cut rates first and there will be at least one or two rate cuts this year.