It's not news, it's the date that was decided in the last meeting by that master of postponements Kobayashi.
https://www.mtgox.com/img/pdf/20230309_announcement_en.pdf


The article just made it sounds like it was decided now but everyone knows about it from March, if I recall correctly in May they had the final amendments on that plan so they can't really change anything anymore, just again postpone it.

------


A final court decision on a rehabilitation plan is a rumor or a lie to you?


What makes you think they will not?


Yes we all know the numbers, you just have to use Google to find all the documents stating the amount held by the trustee right now.


The coins are no longer held by MtGox and there is no MtGox anymore.

Guys seriously, rather than making one foot long pyramides quotes why don't you make a single search or if that's impossible for you and you still need to voice your opinion without knowing one thing about this issue why not tone it down a little?

Why, is the suspect Chuck Norris? 
If the OP didn't have guts he would have used a throwaway account to do so, what he did is pretty normal he censored the name to show only the important thing, everyone could if they wanted find out as it has who the guys are, what was meant here was to simply analyze the merit distribution.
So, why are you so angry at OP?


From the start I'm not accusing the two as I didn't even bother to check what they post as I'm getting really bored about this, it' 's so obvious local boards are full of account farmers, they farm the merit step-by-step there then start polluting the BD and BH with merit fishing posts, make the 100 merit threshold and then instantly signature applications only for some of them to inevitably ending up in the wall of shame thread also.

And even if we prove it, merit abuse is not tag-worthy anymore, having 1000 accounts is neither as long as they don't enter the same campaign it's just a useless investigation uncovering a dozen accounts while a hundred more are in the making. We just have to come back to tagging shitposter and spammers and that would eliminate the need for all the detective work.

10 pages on the same topic locked just a week ago:
How do we transfer bitcoin wealth to heirs and the next generation

So, start by searching if not 1000 people have asked the same question 1000 times before!


Do you really care that much about what happens to your Bitcoin investment once you're no longer in this world?
Focus more on living than on what you're going to leave!

There is no such thing as hidden tweets, it's just that the tweet is newer than my post, there was nothing when I checked and you can see that from the dates. Besides, even when I made this the news was already 10 hours old and the funds were blocked more than one day ago!
Most likely they never realized what happened till people started calling them!
They claimed that they discovered the breach on the 14th but till miday the 15th they didn't say a word!


Hihi, centralized exchanges and centralized blockchain to the rescue! 

You chop them mechanically into small pieces and then pass all that through a chamber with a magnetic field, all the steel is perfectly removed, quite a simple procedure. Here is a video on it this is a small-scale operation, but the main principles are the same. Compared to how aluminium cans are sorted this is nothing.


NoX and SoX, all the compounds in those two families are things you don't want to breathe.


Yeah, right, like the community will care.
The exact opposite will happen, they will start defending it with things like if they won't burn it then somebody else will so it's better if crypto miners do. Seen enough of this greenwashing happening around to know how this will turn into an textbook whataboutism defense!

Remitano exchange allegedly hacked for $2.7M; $1.4M frozen by Tether


Now this is a strange one, completely different from the recent ones like coinex and stake at least on how the situation evolves.
There is absolutely no news from Remitano for the allegedly hack, but the suspicious moving funds have been frozen, I've checked their Twitter and there is no news no update about this, it might be one event in a thousand when the exchange is not hacked and totally legit funds are frozen.

 

One of the Tweets mentions:

When you come up with this kind of bs after 40 million in coins definitely leaving your wallets it's pretty hard for anyone to take them seriously on this matter. No, the assets are not secure and are not untouched, as we speak they are getting touched by thousands of people in some swaps. I do kind of feel bad for Coinex being a relative old guard exchange but with the amount of shitcoins it listed it never managed to ure me into creating an account.

And here comes the usual stuff, united we stand, we will overcome, we need more time to investigate, c ya!
https://twitter.com/coinexcom/status/1702563038296154415

Then it makes even less sense as he must have sold way earlier, that is at a bigger price so he would still be in green even now, plus even if we assume he has sold prior to the last three screenshots, the last two don't make sense either, he claims he is holding and suddenly the value drops from 21k to 6k, how would that be possible since doge dropped only 20% in those whole two months, not 3 days!

He is either trolling or doing it for attention, the numbers don't make sense unless he is moving and trading coins actively, so he's lying about hodling!

It's the name that matters, you can sell now everything in crypto just with a label, and furthermore, I think it's getting worse, if a "project" doesn't have DefI, NFT, and many other stupid things in its description it doesn't get any traction. You need to cram everything in its whitepaper despite knowing you're going to end with a copycat of a copycat of a CEX and a shitty token.


Completely decentralized, permissionless and censorship resistant also I assume! 


I don't think that's the case for all of those platforms:
So this one went bust before even being fined, the other one is powered by a token with $400k in market cap, so hardly affordings millions.

Oh nice, so we have
- FTX that went boom
- GTX that thank you god never materialized (3AC was behind it)
- OKX the champion of 95% wash trading
and now HTX...

These guys are running out of ideas you don't become big just because your name is short or easy to remember, you do it by providing good services, not fleecing your customers and not having shady individuals behind it.


Because they see TRON as a better option than ETH right now, they've already planned on creating a ton of junk there, far more lucrative than a token which they can easily swap if they really care about it. With USDT gaining more and more volume on TRON and losing momentum on ETH they try to be in the winning team once.

Put a bullet through my head!

Yeah, you've read it right, if we talk about a global total collapse it would be stupid to try to live on the shit that comes next.
We've never had a total collapse, we had a crisis, a complete failure never happened even in ww2, what are you going to prepare for?

I'm genuinely laughing at the people saying they will buy necessities, and what happens when they run out? Or that they will keep some BTC and other altcoins, what the f* are you going to trade those on in total collapse where nobody will care but for food and medicine?
Some of you don't understand how that thing would look, it will mean bye-bye banks, bye-bye infrastructure, bye-bye employment, and you imagine you will still have a way to trade 24/7 and people will still be able to wire money and such? And if it's a total collapse and everyone is out of a job, what will you get for those bitcoins and why would anyone buy them from you?

Some of you have no idea what a total collapse means, you still think of it like some 2009 crisis, but that's nothing close to a collapse!

I'm not wrong and just because you tweaked it afterward doesn't change a thing:
https://archive.ph/kAadL
So, how do you explain that? It has a link and it didn't retrieve the full article!


So you think users will stay on your website for this?
https://archive.ph/ohPVs
https://archive.ph/VPfyn

Let me be extremely blunt with you, if you're going to copy full articles from other news website and go over their self imposed limits of 500 characters, 100 words or whatever they will hit you with DMCA request, once you start getting those you can kiss your google search rank goodbye.


He's going to have to learn it the hard way it seems, but that was my last advice, since he's not even honest with what he does then I'm wasting my time.

It's 5 billion and the size is irrelevant to the market cap.
For example, the 500 billion is made out of these coins too and at least 10% of it is made from easily mined coins that have never been moved, so it's not like people have poured till now 500 billion into Bitcoin. And more importantly, what matters is not the virtual value of those coins, but how much money is available right now for further investments. Do you think there are 5 billion waiting on line to gulp those coins at any moment?

Cause if there aren't and let's say just half of this awaits in buying orders then go to the largest pair and do a simulation what a 5000 not 100k BTC BTC dump would cause !



There is no longer a "them" or an "exchange" the funds are overseen by a trustee appointed by the court, and nobody from the former exchange hs any say in it anymore.

I'm rather curious what makes you think the price will immediately bounce back after this?
The price is going down right now and has been doing so, another influx of coins to be sold on the market for sure it will make it go lower, so what would cause the pump again, and why was not happening prior to this, like a bump back to 30k or 35k?

Asking cause I've heard that at 40 at 35 at 30 and here we are still not bouncing and if this continues for sure almost everyone that is in profit over MtGox will dump, it's been 10 years, some of those that had coins at MtGox had been retired, look at the age of some of the early investors that were around that time, Gavin is 57! Andreas is 51, Saylor is 58, Tim Draper is 65!!!!! A lot will not wait for the "recovery" and if that is 4 years in the making do you think they will give a damn anymore?

Sorry, but this doesn't make sense!

Let's assume that he had those $3 million at peak doge value, that's $0.731578, doge is -91.59% at $0.061578.
He would still have $246 575 so he just lost $4 000 of his initial investment.
Those numbers are impossible!

Those have been around for years, Bitpay was established in 2011!


Not quite!
It can still be volatile but it has to reach a point where future growth can't be possible in double digits no matter how bullish you are, all currencies can become volatile for a period and even now with all the drops and ups Bitcoin is doing any major ones either, still confined in 10% a month. The problem is that many see the 1 million or more mark as possible in a bull run or even believe Saylor dribbles about $5 million, would those spend if they think at least 100x from now on is possible in a year time? Of course not, they will keep their coins in their wallets and not spend a dime and you can't really blame them.


Agree with you but the change has happened and continues to happen in the opposite direction.


LN alone is proving to be too much of a hurdle for the average Joe and even for merchants, if we're going to overcomplicate this is going to end in failure.


We don't need to hear about it because we have the blockchain.
Before the ordinals,  periods of 1sat/b fee were common which meant that the usage was below the 400k/tx a day possible, if you look at the number of confirmed tx you can see that it averaged 250k a day for the last year, way below 2021.
https://www.blockchain.com/explorer/charts/n-transactions
Merchants accepting bitcoin was part of the problem but right now it's people willing to buy something for Bitcoin!

As I've said it too a lot of times, the security to market cap ratio will definitely fall if it's not propped by the still going up block reward, because if BTC goes up x4 times the fees will not automatically do the same, people won't pay 4x in tx just because a BTC is more expensive now.

So in the .70 fees, 154k a coin you will need $107k in fees, the last block had $3,375, who is going to pay 30x times more? I really wanna see the guys who will be paying $25 to buy a pizza or send money to a casino just because now BTC is at $150k and not use a different coin. The solution is clear, we need more tx to split the cost and increase the overall volume, but, that's not going to happen.


That change won't do anything but regarding the fees, they will only go up by how much people want to pay, if they don't want to do so they simply won't, not even counting that they might not even want to move their coins at all, let alone pay $25 to do so. 

If that happens cancel all your travel plans as all airplanes will be grounded cause of the 1 billion pigs flying around, I know my predictions are 10 times worse than tossing a coin so when it finally happens it for sure will come with something else enough to offset my joy in it.


It's hovering around 100% pace, went up a bit then down then last 24h had 151 blocks but still lower overall than 14th, I see on the map the whole of Texas is going below 32C so who knows how much of that paused hashrate will come back online. Probably by the start of October when no heatwaves would be able to affect any of the major players and it's not cold enough for heating we will see the whole numbers, but I doubt there will be such a big difference.

Which ones?
Inflation is going down so you can't talk about high and ticky inflation unless it's Argentina or Turkey or Iran!
Employment is going up in most countries again, some even hit record employment levels this year!
So, in order to qualify for stagflation, is there any country (that matters globally) that meets those criteria?

Right now it's far more possible we're going to get hit with a recession and deflation rather than stagflation!

I'm not really a fatalist, a tiny variation, I don't see it happening based on the current situation, so the radical difference is that I believe change can happen only that we don't have the right ingredients right now, there is no carrot, there is no stick, and the other side is just too tempting.

I've seen it way to many times around here, with users cheering for every shop opening, and then when it comes to buying something they will not do it because Lazlo was stupid for buying a pizza with BTC so I can say it without hesitation that growth based on usage will only start when the possibility of earning x2 or x5  will be the same as from holding Coca cola or Walmart shares. Till then, the coins are too precious to be spent!

And you said incentives? Which ones?
Remember that credit cards and their chargebacks are good for the consumers, but businesses hate them, Bitcoin is good for the business as there are none but consumers won't like it! Cheap fees? Oh, let's not even bring this into the discussion right now in this orc borg monkey clusterfuck!

Oh and one more thing:


Out of twenty or thirty people I've gone on holiday this year and managed to take a glimpse at their phone when sharing stuff or videos, me and my wife were the only ones that used an adblock. Everyone who noticed this asked us how, as right now I don't know if a single one of them really installed it. Don't underestimate the difficulty of using a wallet, it might be child's play for us, but you can see for yourself in this forum alone how many crypto users still have problems with basic things like setting up fees!