Everyone deals with USD, remember that before the hacking North Korea was making money with forged US dollars! I'm willing to bet that you won't find a single Taliban that will say no to a 100 dollar bill

For both hacked bank accountants stolen cryptos the whole thing is pretty easy, all it takes is good timing and ood beforehand preparation
- For banks, you initiate transfers to local  business, nonprofit organizations, most of them if not cover-ups are themselves not in control of their bank accounts, and for other bank transfers, you simply split the money, and from there, you start either a bank run with tens of guys cashing in already prepared ATM cards or you deposit the money to your own shell business, remember that Lazarus is actually a government agency, all they need to do is bring some of the  money to China or to a Chinese setup bank account, and China will do nothing
- For crypto, it's even easier, all you need is mules around the world who will take care of that money for a fee, p2p exchanges, fake companies that own a few ATMs, and so on.

Nobody is rushing them and they don't care that much about the losses, they were happy in cases to get even one-tenth of the original sums, and they are known to break a million-dollar account into payments worth a few thousand. Also don't forget that not all the money needs to go to NK, most of it is spent locally to pay for stuff that gets sent to China and from there to NK, and they have to fund their agents also!

There is a huge difference between Lazarus which is believed to have members in the hundreds spread across the globe and two morons like Razzlekhan and her partner who with millions in their pocket bought a $500 Walmart gift card with their email on it. 

There is no mystery and everyone knows it!
Without a grid and a plan for the government where you feed excess energy and get back electricity at night with whose credits it's impossible to mine efficiency with just solar. Batteries are expensive, you will destroy them with 1 full cycle per night, you need way more than your 24 consumption because you might have two consecutive days without sun.
Trying to shut down every day once the sun if out is again a pain in the ass, you're going to extend the time your ROI to twice or thrice that, meaning you're gear will be older and older, less efficient compared to the others so they might even break before that.

Also, the capital needed, you need to sink a ton of money on top of the mining gear and other costs, with cheap grid energy you can throw more money at gear, be fast to ROI and think from then, with solar, you might even buy those panels for nothing, you might end up not mining at all as the returns are minimal and you will have nothing to do with the produced electricity, so you're going to take another hit selling used solar panels.

Hihi, but the guy with two S9s doesn't need a 1000sqm datacenter, no security guys, and no technicians, he will most likely fly under the radar so no income tax, and so on!
Of course, I know what you're saying but when I was pointing that out it was for a leveled scenario, two companies in the same country with the same capital and same plan, the one with 1 cent over the other will flop first unless he magically finds some angel investors willing to lose money! I find electricity costs to be the ultimate barrier, you can have everything else ready to go and dirty cheap or even free if you pay 17 cents/kwh you're going to go bankrupt!  I think you've guessed why I mentioned exactly 17 cents, lol!

Muahhahahahahah , Iran the supepower. Of course, propaganda numbers look great in fiction but let's look at what those values mean, even if they are fake.

So, Iran's GDP is $367 billion (same as  Connecticut *24th state), so a 5.6% means a rise of 20 billion.
USA's GDP is  $23.32 trillion so the tiny 0.9% actually means 200 billion, basically with a 1% growth the US is adding more wealth each year as half of Iran's entire GDP! Even if the USA would keep every year on growing only by 0.9%, which is actually 1.8% , let's go with propaganda numbers, and Iran will magically grow by 5% it will take, well, 120 years to reach the GDP of the USA. And oil will be less relevant a decade from now not a century.

China Reaches Peak Gasoline in Milestone for Electric Vehicles
https://www.bloomberg.com/news/newsletters/2023-08-29/china-reaches-peak-gasoline-in-milestone-for-electric-vehicles

As for most advanced military...lol!
By flying 60 years olD F4 they bought from the US!


Of course, it's still growth! It doesn't matter that:
- The growth is because one sheep had three lambs instead of two
- Iran ranks 122th on GDP per capita, that is well below Botswana or Moldova!
/s



Good, now do a graph of your currency against the dollar! Popcorn!  

Correct answer: It's about the money!
If it's +10% it doesn't matter what caused it, moar profit means the news is good news!

However, the whole thing is quite ridiculous if you go back in time and see the other narratives:
- Blackrock controls the price government and wants to suppress the price, love how these reptilians fail every time despite all the tinfoil production
- The US government is against Bitcoin, yet...magically it's not!
- Bitcoin shouldn't be influenced by regional decisions, Bitcoin is global...yeah right!
- Nobody cares anymore about the ETF hype, instant 10%!

Anyhow, the thing whole thing has changed from "not your keys, not your coins" to "buy today, profit tomorrow for sure".


No, it's a win for Grayscale which wants to sell you IOU pieces of paper instead of your private keys!
Satoshi is doing more RPM right now than a racing motorbike!

Neither!
For the first part is pure garbage for the second one is 100% copium!

Let's get over the part on how on earth is Blackrock managing to suppress the price only to raise it after for...what? We're talking about a fund in trillions that is risking its reputation for ...what?

Now, the real stuff, if they are hurting the Bitcoin price, they would hurt their own investments:
https://finbold.com/blackrock-is-a-major-shareholder-in-4-of-the-5-largest-bitcoin-miners/
They have a 400 million exposure on just 4 mining companies, already mining is barely profitable, some are quite deep in trouble , and bringing the price even closer to 20k might mean bankruptcy for them, so why risk it? Just to make sure some understand the figures, they have 6 times more money invested in just a few companies out of many than all the money Salvador has put in Bitcoin!

But forget mining, Blackrock holds :

Do you people realize how much Blackrock would hurt itself if it would bring down the price to a level where those companies might get in trouble?

You don't run trillions in funds and shares with shitcoin strategies!

Doubt that, probably Thailand, not Taiwan!


And what do you think the citizens would want?
Keep powering the miners that with each machine burns around 72kwh per day while the average person uses 2kwh a day?
And for what, $7 a day in revenue, that will mostly go to a few businessmen while half of the population risks blackouts?
Get real, if it were a referendum anywhere in the world, including in Salvador in such a  case there will be a 90% vote to shut them down!

Rights, what rights? The right to have your power shut down while some miner is making money with dirt cheap energy?


Solar is the most expensive option for any miner, nobody can mine on solar cycles, batteries are expensive as hell and without a grid and subsidies you have no chance to break even.

Comparing apples and socks, not even oranges!

Those settlements you and the author talk about are the sum of moved coins, that's the lamest indicator of all, I can move $1000 from my exchange account to my address, then split it in $500, see a dip on the market move back to an exchange and there you have it, $2500 of volume without "settling" a thing.
Visa is strictly for payments, you go buy a  can of soda you pay, and the money leaves one person's account and ends up in another, with coins, it can be none, even if we compare it with banking volume, which even for Europe alone stands at 800 billion a day, that's 30x all the volume of stablecoins transaction and it's still not a fair comparison.

Tron has 1700000 transactions a day, Visa has 150 million a day, roughly as much as all USDT trasnctosn on eth in history!


The funny part is that Visa shutting down would kill a ton of so-called crypto cards, including Binance, thus cutting a huge chunk of stable coins' usefulness. As for the supermarket stuff, yeah, I haven't managed to get close to 100:1 when it comes to Visa vs BTC , when it's Vis vs stablecoins is 1000:0.

This! That's why they ask for proof of residency as well in their KYC!

You will have to move to country B, get your proof of being a resident there, use your second passport, a new bank account from country B, and then pray a lot that Binance is either greedy or stupid enough to let it slide, as normally even the most stupid identity checks will match your name in passport A and B and your face on the documents. But your IRS equivalent won't be, so you are basically just asking for trouble, especially if countries A and B don't have a taxation treaty, as that's going to be funny!


3 years ago, much has changed since then, they didn't even have mandatory KYC at that time!
And, that's dual US citizenship, probably the worst one to play stupid games like imaginary country hopping, better move to a different exchange.

If we talk about this 6% jump it means that miners were bullish 6 months ago! 

6% at 400 exa is around 240 000 Asics, that's something around 720 MW, you don't set up things like this overnight.
If you go through press releases from Riot or Mara or other big players you will see some of them have already listed their plans for q4 2023 or een q1 2024, some are going all out some are just restructuring and some are just dropping their gear or returning it, like Core did to extinguish 40 millions of debt.


Now, the problem! Is it really cheap? Because nobody is mentioning any price!


Hihi, that triggers memories, yeah, been there, done that and now I only have three miners in the basement, because with all subsidies for biofuel, with another set of subsidies for reducing energy demand through this, we still ended up this year barely a few cents under what the grid operator charges, so we would rather make heating pellets and sell them than burn it for electricity. And this is Europe, no way in hell you're going to compete with a gas or coal plant in the US without someone taking all the initial cost off your shoulders or the government actively subsidizing your business.

Yeah, we know it, because if everyone was some kind of economic genius we would not have to clean any mess right now, there would be no need for Bitcoin, and fiat money would work perfectly! But since it's not the case, what are you/we going to do? Probably nothing as I don't the community getting with a plan like "No nocoiner left behind" or something like that!

People will keep investing just for gains in $, people will keep their funds on Cexs and they will worship as messiah every piece of you know what investors who is in just for the money, and we'll soon all realize that it's not that every current system is bad, the people running it made it so and the whole world is just too unwilling to make a change, so, sooner or later we're going to turn this one into a shitshow also and of course, we're going to blame the "cabal" for it!
But I hope to watch the final act from my cloud above and leave this earth while we still haven't managed to turn it into something else!


This is tinfoil material but since we started with cabal stuff, whitelist addresses!
Every exchange requires that you only deposit from addresses you prove you own to addresses you also prove you own just like your ssn or tax number or whatever, then shops are forced to do the same, as time passes more and more coins enter this loop from which no coin can get out,  so, how can decentralization help you when nobody is accepting coins from non-registered addresses except a few rebels here and there and the majority is trapped in a centralized system?

As for the mining, Foundry is at 30%, it's a closed pool with only big guys from the US mining there, people with seemingly unlimited money that keep adding gear even while profitability goes down, I even doubt those 30%, I have a feeling they are hiding hashrate in other pools not to create a panic.

Why would Bitcoin fail if the "cabal" would hold 90% of the coins?

There are 1915 addresses holding 40% of the coins, for comparison, there are around 4,000 commercial banks in the US and  762 crypto exchanges listed on Coingecko, not including derivates and defi.
Do you think that right now the wealth in coins is spread that much around?


Bitcoin is a tool, it can simply be that for some it's better as an investment for others a p2p system of transferring value, the one doesn't exclude the other and nobody can say that is has failed simply because he doesn't like the outcome. Just as some might like the same future that Wind_FURY is afraid of or even dislike his own vision of utopia. For example, I'm quite happy with all CEX going bankrupt and then in the trashcan with Binance leading the pack but when I say something like this in the forum I get one hundred angry #SAFU followers screaming at me!

In short, it's not me or you or even this forum that decides failure and success, it's the world, and the world is saying that they would love their coins in a bank! Their keys, their decision! What are you going to do, seize their coins?  

You overlooked yourself the fact that I described another experiment just like this one. 
Russia sold oil to India for rupees, got a ton of useless toilet paper , canceled the deal.
Now UAE is selling oil for rupees, it will get a ton of toilet paper, it will....do what?


then..... nothing will happen! If there were a better currency that would have an actual use and be stable enough I would guess all those dollar haters would be in campaigns that pay 1000 yuan/week, 20 million Zimbabwe dollars or 1000 quadrillion bolivars, but, kind of weird, there is no such thing and if I go to the market place on this forum all I see is $$BTC$$BTC$$$BTC$.
Don't you think it's beyond funny how we talk about de-dollarization in the most dollarized place on the internet?
Let's wait till Chart Buddy shows the price in rupee and then talk about this fantasy!


Yeah right, what was the world using before 1970?
The whole Middle East will run out of oil before you will get rid of the dollar!

Oh, here we go again, the hero who wanted to save everyone from gambling is here again!



So, you are not a gambler, and if you weren't a gambler in a previous life, just how long is this long-standing opinion on gambling you have?
Just asking, you know, because it really feels weird, really....weird!


You're actually still withholding information since you claimed you know more about WW and the buys behind the whole scheme than everyone, yet, you refused to show any info.

Further down the road, I'm curious about one more thing, you say you don't care about a campaign, you don't care what that is about as long as you get paid, all this feels weird when I look at your trust :


you've tagged bbc.reporter for promoting a scam, which alone would be strange seeing how you defend your right to promote everything as long as you get paid but far more interesting, you haven't tagged the casino itself for being a scam. Why?
You see, you're full of contradictions, and this is quite ironic, since the whole thing started with you claiming to have a higher IQ, and high IQ gamblers such as yourself aren't known for doing stupid things as you do right here right now.

The moment I saw $500 mentioned I instantly looked at the website, for real?
But yeah, probably changed it to 29$m after he saw the replies, he was logged in after joniboini mentioned the price and he probably realized nobody is going to pay that much upfront for, again, what would you get for those 29/month?


Do you know how you can get rich from books that teach you how to win the lottery? You SELL them! 

But still curious about one thing, he has a video linked in:
https://www.youtube.com/watch?v=0kfsMr8b68g
It's way too small to analyze on a smartphone but as I'm squinting at whatever is scrolling there, doesn't he have at a point like 400 closed trades and then just 17 with the profit factor going to 1.017?

No! Why? Simple, let's go back in time a bit:

March 8, 2023
India's oil deals with Russia dent decades-old dollar dominance
https://www.reuters.com/markets/currencies/indias-oil-deals-with-russia-dent-decades-old-dollar-dominance-2023-03-08/

then a bit later:
May 4, 2023
India, Russia suspend negotiations to settle trade in rupees
https://www.reuters.com/markets/currencies/india-russia-suspend-negotiations-settle-trade-rupees-sources-2023-05-04/

So, what happened?
Easily, the same thing that will happen in this case, or any other case, is the one that gets paid in rupee or ruble or other shitcoin will realize that is no way of buying anything else for that toilet paper except for the case it imports more stuff from that country, so unless you make a deal in which you buy 1 billion worth of oil and pay back one billion worth of products then nobody will take your toilet paper.
But if you trade 1 billion of merchandise for 1 billion of merchandise, then what's the point of using any currency when this is basic barter?

It's pretty simple, everyone tries to screw the other while claiming it's a fight against the world order or any other kind of bullshit!
Let me ask you, would you like to be paid in Bonobo coins rather than Bitcoin? Of course not, that's why every single deal in which you exchange Cottonelle to Scott toilet paper will end juts like the one above!

And btw, just the thought of the UAE dumping the dollar is hilarious!
You do know that the UAE dirham is pegged at a fixed value to......the $, right?  

This is getting confusing so please bear with me
1) on the 14th you sent this one
https://www.blockchain.com/explorer/transactions/btc/d5f80b303486f616dc02df5413520b43543b725246161c520816e51aa1f4ebf3
5sat/b that never confirmed andis not RBF

2) on the 21st you sent this one:
https://www.blockchain.com/explorer/transactions/btc/93404d7099a55089413c5ca68a69e2d5bf02c23e9680216761bbaff2e284b75a
same funding address, same receiving address, you paid 20.1 sat/vB and enabled RBF

3) did you try to send another tx to replace the first one or is it just a plan and you have never been able to as your balance is still zero?
What ID does this one have?


That's only for default nodes, mine for example has that set to twice as much, and even during the spam wave it was kicking out only below 2 sat/b, every major not hobby or personal node will still keep his tx for a while that's why it' still alive even now.

Yeah, but the tone is different!
In those times you only hear rockets, moon, we're going to hit 100k, 200k, everyone cheering, wine glasses, champagne bottles everything.
In a bear market it's more like, there is still room to grow, it will for sure go up, ETF is coming, Wallstreet is secretly pouring money, rather than everyone parting is like everyone seeking reassurance that things will get better, instead of champaigne flowing is more like a stench of soiled pants! 


If they ban mining it won't be that much of a problem, we could still find enough cheap energy to keep this level of hashrate high enough to guarantee the safety of the chain, of course, we won't be able to find 4x-5x times more, which is going to weight a lot when it comes to confidence, you can't have a 10 trillion blockchain guarded by machines worth 100 million, it's inviting troubles!

If trading is banned, then we can close the chapter of getting rich by holding coins, with all the wealth that matters getting spooked from investing it by bye trading and investing and back to the original, a p2p cash system, like Satoshi wanted! No more no more moon, no more billionaires from shitcoins but good old and boring payment system!

So, at the same time, not really that bad and not that great either!

Hihi, looking at this topic, 4 years ...damn!
I saw that I asked about percentages at that time but if it's possible and really not time-consuming as it's not that important, it's merit after all, not a crime, can you sort this by the amount of merit sent to now banned users? Just out of curiosity because it might just happen that some who merited 100 banned users might have sent them fewer merits than ones who did so to ten.
Again, if it's not too much trouble, ChatNL, LoyceV! 

Also:
http://loyce.club/Merit/banned/833799.html
Don't know if it's a temporary glitch but I'm sure at point 11 that wasn't supposed to look like that!
Archived:
https://archive.ph/MFFz8

OK, let's start!
In Monopoly, you start at $1500 and a house is between $50-$300 and the most expensive hotels are at $2000.
You have $30 and you want to get 30,000.

So, the obvious strategy here is to quit thinking like is like a cardboard game and follow Tytanowy Janusz advice and get a job!


Trading crypto is gambling, it's just that some are so proud and so scared about the cold reality that they try to draw one hundred lines on some chart and think they are predicting the price while at the same time, they shit bricks every single second the price moves in the other direction. Don't even try to give me the TA bs, it's just copied, trading crypto is a pure gamble and just as in gambling some make money, so do some in trading. But the majority end penniless.


Yeah, pretty sure $30 will turn in 3 million after the next halving! Definitely! Bulletproof!
Why don't you sell your house if you're so sure the next halving will give you so much in profits?
I find it really stupid, you know you're going to make at least x5 for sure, and you're just kickin' this huge opportunity!
You don't have a house? Ask your relatives to sell theirs, after all after the halving they will be able to buy a palace!