There are two who can be blamed for lost money
- Legally the scammer
- Morally the scammer and the victims because they were greedy as *** and just went in without caring

Just imagine some influencer dies and 12 months later somebody ends up with his phone number as they are recycled everywhere and decides to pull the scam, who will you blame? The dead influencer? The phone company that did what it has done for years as per their contract? The social media website that will have from now on to phone every user every day to see if they are still alive and ask every user if they are still the ones in control of their account?

If you sugarcoat stuff that much you're going end with diabetes and never touch chocolate again!
Let's not try and change things that have been established for decades just because it doesn't look good to us!

Bitcoin is up 400% since 2020?, it is, it is up 30% since 2017, yes, but at the same time it's down 62% since the ATH , yes it is, we're in a bear market of low after low and that's it.

Let's look and those two, so basically the <let's not name it here company> will also never end in a bear market, right?



We also didn't have a bear market in 2009, right? Cause continuous growth!



Back to the main topic:

Although I totally agree with you d5000 on the main point, so that's it on the theory, I have to correct you on this one and on the reality we see around us. It's not that they forgot. They never cared!

You say growth from usage, you say being your own bank, where is it cause it pains me to say but there is none!
Some brag about having millions for crypto users, crypto(dot)com is claiming some 40% of Turkey population owns crypto and there I look at the blockchain and see 1/3 of that in total number of addresses with over 100$ worth of coins!

As blunt as I can be, if you or anyone else thinks that the "growth" will com from real-life use then you're just as delusional as me! It's nice to dream but reality will hit us hard every single time.

You can get it from OP's history:
https://ninjastic.space/post/62466599
And I can guess that this will answer a lot of other questions, right 


Name one legit business that would offer you a return of 3,780% a year! One!

It happens everywhere
India:
https://indianexpress.com/article/technology/tech-news-technology/sim-swapping-how-to-avoid-being-a-target-8026237/
South Africa:
https://www.bleepingcomputer.com/news/security/south-africa-wants-to-fight-sim-swapping-with-biometric-checks/
South Korea:
https://cryptonews.com/news/sim-swaps-other-crypto-related-crimes-set-to-rise-in-south-korea-says-sk.htm

It's just the fact that it makes more waves there because of the sums involved, pretty hard to find somebody with 1 million in his bank account or Binance account in Elkhalil compared to NYC.


That's not what's happening here, how would you secure your 2FA with a number you don't even know it exists in the first place?


No, it doesn't, that a local setting for your phone, the new sim that will be issued to the attacker in this case will not ask for a PIN.

If there is one thing you can do is to set an alarm on your phone when it loses signal, when the attacker is at the desk asking for a new sim the moment that one is activated by the mobile operator, so even before going in the attacker phone yours will be disabled so your phone will lose access to the network, that's the moment you try a code like #xxxx or whatever and if doesn't work then you call instantly your mobile operator from another phone and disable the number.
Since the sim swaps can only happen during working hours and not at night and swift reaction can prevent a loss.

And if you think that the electricity price is high in Texas and the US why do you think everyone moved there and not to Lebanon?

1) Nobody mines at Google results price per kwh!


2) Lebanon might have cheap electricity, but not enough electricity

Cut Off From Life Itself Lebanon’s Failure on the Right to Electricity
Lebanon without electricity after power plants run out of money


Do you see miners moving from Texas where they receive money for not running their gear to Lebanon where they might not even have the chance of running their business for a whole hour at a time?

I don't know if it's the sun or the drink but I've read this as we can't regulate it so we should ban it! 

I'm reading a lot and do a bit of posting in the Mining section, it was heaven on earth while Frodocopper was a mod there, you wouldn't have had a single idiotic spammy topic, everything was clean, spammer knew their post wouldn't last 24 hours till their sig quota count but now that he is gone we have a dozen topics with the same question "is it worth mining?" Heavy moderation can clean any forum.

While I agree that subboards that serve no purpose anymore should be archived I don't think one should delete boards just because of the inability to clean spam, rather than delete it why not simply disable signatures there and create some Barad-dûr version of the Ivory Tower?

So it is a news aggregator and you have a plugin that retrieves the first paragraph from other websites and adds a link if the user wants to continue reading the actual article and not just two words about it. Which might be your biggest weakness.

The $1 million dollar question, if your users keep seeing they are redirected to another website to read all the news, why would they keep coming to yours and not to the main source of the news and not be bothered to tap twice to get their content? Do you think once they go off your website and see the other is full of real content do you think they will tap or click back?  This is the main problem with news aggregators, there is always a better one and there is always a lack of original content, you might top a few of the other websites in some specific keywords because of the sheer amounts of related titles but you will never beat them due to the weight of the outgoing links.

So the most important thing, far more than design and name, how do you plan on keeping your users?
Because since everyone has already mentioend cryptotalk(.)org you've seen how once they stopped paying people everyone left!

The selling point, which one is it?


It's been years since Google didn't really care about the domain name anymore, without original content you have no chance of beating a website that doesn't even have a crypto-related name anymore. Besides, since Google has added the news tab everyone is just hitting that and no longer wastes their precious time typing 4 more letters.

You can buy 1k followers for $10 or even cheaper if you don't care about the so-called "quality".
One single scam and it pays for both the badge and the followers cost by x10 at least, worth trying.

But there is an interesting outcome from this, just go to the original scam post:
https://twitter.com/StakeRefund/status/1698820366796247103?s=20
see the bunch of retarded bots faking activity and then look at their profile, you now can easily identify which other "businesses" employ bots to promote their marvelous plans.


3. Greedy ones that despite not losing a dime or not even having funds there rush to try to get a slcie of the pie.


Or they will ask them to make a small deposit from the last address they've deposited funds on stake, from what I've seen lately they've started to realize it's better to ask for $10-$50 thousand than trying to get one big haul that will never materialize. Makes a bit of sense if we talk about gambling, this type of users will look at it just as a bet, and with a small sum at stake (pun intended) they might just pay

He has lost his mind, he plans to bankrupt the whole town because they are not letting him try and waste more money on finding something that for sure is destroyed by now, it's a damn harddisk thrown in a rotting pile of garbage after hundreds of tracked dozers have gone over it, the chances of it being in once piece are slim, the chances of anything being readable are zero, the chances of getting the keys...common!


It was a laptop HDD, something happened to it a while after he stopped mining and he dismantled and sold a few of the pieces but not the HDD, by mistake his girlfriend as the story threw away the bag with the HDD instead of another one. There was no hard wallet or cold wallet and most importantly there is actually no proof he had them in the first place at all on that HDD other than him remembering doing some mining.


Not to mention that he claims she stopped him from mining more in 2009 because of the noise the laptop was making at night. But in the end, he not only lost the coins he lost his family as both his wife and kids left him, and now probably the whole digging plan is the only thing he has left or cares about.

I really wish people would try to get over the headlines and do a little more research about this, so we don't end up with myths like these ones:


This is false, and one should really ask themselves, why did Lazlo say 10,000 BTC?
That's because the first actual transaction that involved a value in USD, not the test from Satoshi to Hal happened on Oct 12, 2009 when Sirius sold 5,050 BTC for $5.02.


No, that was Namecoin.

No again, it was Bitcoinmarket.

Seriously OP, lock this topic, it will only help spreading misinformation!!!!

Months not weeks!
There are calculators that also simulate these more precisely and easier to change dates than having to run through your excel sheets
https://www.bitcoindollarcostaverage.com/



Why not omit 2020 then also? Because as you see, it was a bad choice to start DCA in 2021.
Omitting years would make DCA no longer DCA but gambling when to buy based on your guts.


For that specific date as a start and for this specific data as a conclusion!
Move a few months around and it might be completely different, DCA looked bad for all previous years back in January.

That was a long time ago!
There was a report of Christmas light consuming close to 6TWh but that comes with two big buts:
- funny as it might sound Christmas light consumption has gone down by a ton because of led bulbs
- Bitcoin consumption has only gone up and as long as the daily $  in reward for miners will keep going up so will consumption.


Estimated energy consumption has fallen, not the real one!
The whole drop was caused by their estimating that there are less old-generation models on the market and more highly efficient ones so the actual consumption for the said hash rate would be lower.

But energy efficiency can't really change the overall consumption this is a bit different than one might think:
Case one:
You have an air conditioner that consumers 5kwh, you replace it with one at the same specs that does 3kw, you will consume on average 3/5 of what you previously did.
Case two:
You have there S9s you replace them with an s19xp, you now consume the same amount of electricity but with a higher hashrate so you get more income. Even if everyone switches their gear from older generation to the newer they will not try as a consumer does to keep the same hashrate, they will simply exchange 1MW of gear with 1MW of gear.

No matter how efficient the gear is if the reward spikes by tomorrow to twice as much in a few months' time you will have twice the electricity consumption cause miners will do everything to get a larger chunk of that reward.

Both RenBTC and Wrapped Bitcoin (WBTC) do the same thing, they basically lock your BTC and issue you a token on the ETH chain, it's NOT a real bridge, there is no real peg between those, if BitGo goes down everything goes with them, including the real BTC and the fake WBTC.
A real bridge is not currently possible and I pretty much doubt it will ever be unless both chain devs come to a mutual understanding, otherwise, the only true options are in the second layers on BTC like liquid or RSK

Now by that logic put all your money in Vechain!
Because I myself know like one hundred locations that have VET in their name and every single animal lover and owner has at least one passed by one of those, so comparing to 100 taxies in a location 99% of the world doesn't even know where it is on a map is nothing!
Also, don't forget to throw some money at Gym AI, I saw so many GYM signs that for sure it's going to reach one trillion per coin in the next bull run.

Too bad the TAXI coin is dead
https://coinmarketcap.com/currencies/taxi/
that would have been a killer.
The more of these hilarious copium topics I read the more I'm getting sure this bear market is starting to bite really deep.

Oh, btw, once Bitcoin is a bull run would that mean that the Thai baht with also skyrocket against the dollar?
Cause BTC ~ ฿

3 days into the period so fewer fluctuations, and it seems it's going down again


Heatwave or whatever hurricane season is happening there combined with minimal revenue, getting right now including the fee a 0.0652 USD/Day/ THash/s for the last 24/h so unless there is something big coming online with new generation models I don't see it recovering to previous ATH too soon, we're already 5% down.


To be completely honest I believe you're looking at something completely different than we all do here
First I don't understand how you could have got a positive adjustment there between Phil's post when the pace was -5% two days before and -3% one day after your post, so how in the name of god could it have shown a positive adjustment?
Second, do you have something personal against this? It's a f*** estimator, it's not an intergalactic crystal globe, it estimates things based on the pace, you know all too well that just one block in the last dozen before the adjustment proving hard to mine because it has some family issue and takes 1 hour instead of 10 minutes it will screw those statistics completely, right?

The paid accelerator was around for years and it worked, it was just something temporary yesterday.

So the fees are :
6b06bb5d532f22ffc49f9f59c41ad3b1397509477e68ea13859543a726fa2a6f
0.0021584 BTC ≈ 55.80
eb5ca532d2dc1468e2fe632558481ad09a749c724fab7f9ddca0a236b2a2fc9e
0.003192 BTC ≈ 82.52

So around my estimates, it will cost him ~$140 to get those ~$1000, plus, let's not forget the fees to pay for the fee increase, it would be incredibly funny to pay or the paid accelerator but with a small fee that doesn't confirm.

I see mempool claiming a 7.44 sat/vB purge for 300MB nodes so maybe it will get dropped sooner, at the same time, it's the start of the weekend and the mempool might get down a bit.

The number was already meaningless for decades as one of the seats is held by the EU while the same EU has other 3 seats DE,IT,FR and also Spain is a permanent guest member while having the 15th largest economy in the world. So the whole G20  was just as inaccurate as G21 or G44.

But it's a bit of political stuff here, by changing the number is acknowledging them as a full member, not some random invite, it's the gesture that counts here. Anyhow, one big FY to BRICS, along with the new development rail and shipping corridor that rivals the Chinese Silkroad it basically showed the world again where the real money is.


Because he didn't want to be there and cheer and applaud at projects that left China sidelined, that's why! The whole thing was engineered as a Western response to the BRICS soup kitchen project and he won't want to stand there and be humiliated while seeing how his plans and influence go down the drain.

Just think how he could smile when seeing funding in the tens of billions of projects that are designed to take out the whole manufacturing from China and move it to India and middle east?

And how will this sentence stop the suffering of the one whoFTX had funds on Thodex?

Unlike Thodex victims who can only look at the guy going to jail and that's it at least the ones in FTX case do actually have a chance of getting their money back, FTX had 8.7 billion of customers' funds and 7 billion have been recovered, what do you yout hink people would want more 10 life sentences for SBF or their money?

This "peace of mind" you talk is so middle ages style!


Are we really comparing the indiscriminate killing of innocent civilians to a guy fucking up while running an exchange? Common!

This is exactly what happened the last time, it seems like the ordinals were dying, that fees would go down, and just as everyone was relieved here came Binance dumping 40vMB of consolidating transactions and sending my next 4 block tx to the next day 
I'm pretty sure there are a lot of users there who see a few satoshis worth of dust in their wallets and are saying that next time if there will be one at all they will consolidate all their inputs even at 3-4sat or otherwise just delete that damn wallet.


I opened that topic about jpg monkeys kicking our asses more out of frustration and boredom but...
https://ordinals.com/block/806896
Like wtf, the last mined block has 3 f*** monkeys in it! Wow!

As for the economic part of this, it seems one of the money was this one:
https://mempool.space/tx/35fb1c78dac16f55e924596746adf6186aa56c33d612e2341cec2e6177c6990c
 25$, would this be "prohibitively expensive"? I have no clue about the profit expectation part, but at 4sat/b it would cost 5$ so everyone would afford to inscribe a picture of whatever he wishes there, which would mean there will never be a 1sat/b time ever gain.

One doesn't exclude the other.
Even large companies usually spend more on advertising than they have profit, and this goes to the extreme when your whole business is dependent on bringing and keeping players. Just for fun, if we compare with Procter & Gamble which doesn't have to fight that seriously to keep people from using their shampoo, right? , lol, we're looking at 8 billion in advertising at an annual revenue of 80 billion, probably taking somewhere at 20% as most digital brands do that would make a 400 million budget realistic.

Maybe Stake would be doing better but you do realize that if Stake would be making more money than the rest it would mean people would be earning less and lose more which wouldn't really make it as attractive as it is now, right?


Profit before tax, this is where the accounting tricks begin, as you can't really fake the previous numbers when your whole business is online and in Betfair's case you only take digital centralized payments, with crypto you can shuffle a bit but with a card and wire transfers is just a no go. The margin is nearly the same for everyone bet365 is at 60million in profits at 3.5 billion in revenue.