You've just said that lower rates would be good for the prices!
The last halving had these EFFRND:
November 2012  - 0.18
July 2016  - 0.39
May  2020 - 0.05

In all of Bitcoin's history, the previous high for effective rate was at 2.42, it's now 5.33%.
So it's highly improbable the next bull run will happen in an era of cheap money and low inflation!

Oh god, I just love these topics!

From time to time someone has some kind of divine revelation and realizes that when things go south and people stop having money they won't invest in Bitcoin money they don't have but, again, what a surprise, they will sell their investments to survive. But despite this obvious reasoning, there are still some who think that a recession will be good for investments and for Bitcoin, because...majik!


What profits will here be for you if the rest are too poor to afford your gold-plated satoshi you want to sell at one million a piece?
So people will go out of a job, out of money then they will somehow buy with inexistent money Bitcoin, and then they will sell those Bitcoins at 10 times the price to other people who have lost all their money! Wow, such a bullet proof plan to achieve your dream! Imagine if I would have known such a thing existed!


And you've just written off like 3 billion who will never even dream of having 6 months in expenses savings since they can't even put aside 5% of their wage, let's not even go into the dwindling possibility of getting another source of income when massive layoffs are on the horizon because obviously, fewer people making money less money spent fewer opportunities to make money.

Let's face it, some on this forum who are living in countries that even in crisis have offered opportunities will be safe, most others will be screwed, Bitcoin or gold or whatever plans they might have unless it's fleeing to a real "safe heaven" !

That's not the reason!
Musk as in Spce x didn't sell coins now, it did somewhere in Q2 so that's at least  3 weeks ago and at most 3 months ago!

Rather than speculation about Musk this is far more realistic and more correlated with the dump:
https://www.coindesk.com/markets/2023/08/17/bitcoin-slides-to-283k-after-leveraged-funds-ramp-up-bearish-bets/


It's the whole market that's going down including stocks, it has nothing to do with some rumors about Spacex
https://www.barrons.com/livecoverage/stock-market-today-081723

This is just stupid!
It would mean that all five pools will get between 5 blocks in a 2-minute to 20-minute interval, so even at the lowest luck possible you're going to get 5 blocks in 20 mins, which would mean 250% of the normal block time. Not even going to consider the 2 minutes because it clearly shows you just took 20% out of 10 minutes. Seriously? After so many years around here, you still can't figure out how percentages and mining works?


Again, dumb as f**** because if every pool would be able to pull a bock in between 2 minutes or 20 minutes it won't mean the average is 10 minutes, because it's not the median of the speed at which each miner gets a block, it's the fastest time one can solve the next block.
So if for block 1 A does it in 2 minutes and B in 18, C in 10 and D in 10, then for block 2 A in 10 mins, B in 10 minutes, C in 2 and D in 18 the average time for blocks 1 and 2 is not 10 minutes, it's 2!

On your stupid model even if you would erase 80.0% of the hash rate the last pool would still be able to complete blocks at the same speed, so basically there will never be a difficulty adjustment even if 99.99% of the hashrate is gone!

I think the heirs will be laughing their asses out in 2140 looking back at the 101 million topics about the reward and the same answers being posted again and again. I bet their first impression would be:
"These idiots invented Bitcoin"?


lol...

It's back up, that's a month old article
https://www.fxstreet.com/cryptocurrencies/news/bitcoin-and-us-stock-market-correlation-shoots-up-is-btc-at-feds-mercy-again-202308151148#:~:text=Bitcoin%20correlation%20to%20the%20US,gone%20from%20%2D0.52%20to%200.21.



But , but...all you need is buy Bitcoin!
It's proven that no matter what happens, even if an asteroid wipes all life from the Earth when the halving happens we're going to be rich!

I really don't understand why some think that crumbling economies, people out of jobs, bankruptcies, and suicides left and right would magically make all unemployed and bankrupt people pour their debts into bitcoin, and although I try every single f* time to ask these guys why do they think this will be the way things will unfold I still haven't got a single answer that is not signature quota material.


So, we need to zoom out past the period of economic crises that has set it to see the "safe haven" aspect.
Kind of....weird, let's say at least, isn't it?

How do you implement a smart contract in a fiat to btc transaction?

That's the whole thing, banks and other 3rd party payments system don't care about smart contracts and don't want to get involved in such thing as it would be simply an enormous pain in the ass for little returns, why even bother with it, why try to build the infrastructure needed when he customer will be in the hundreds at most? That's why you see so few businesses accepting Bitcoin directly and the ones that accept BTC are doing it via other providers because it would be a pain in the ass to deal with this all by yourself when the returns are minimal.


With the volume that DEXs with a fiat gateway are getting right now, the chances of CEXs losing market share is dwindling day by day.
MtGox is still meme material, FTX is almost fresh news yet when rumors about Huobi started you still had even on this forum users who said it's better to keep calm, wait for an official announcement and don't panic to not spread FUD.
No, CEX are here to stay and in this age where people want to solve everything with two taps it's DEX who are at risk.

That aside, this whole quest of getting rid of a middleman while still using a ban or another kind of payment service for fiat sounds a bit, well, weird.
So in the CEX scenario, you have your bank, the exchange, and the transfer between them.
In a DEX scenario you have the bank, the other guy, the transactions between you and him.
You still haven't gotten rid of the bank or PayPal or Wu or whatever, all you have avoided is not sending your id to a CEX but instead your name and bank account to a complete stranger on the internet.

Just as I was saying here
How comfortable would you feel when selling Bitcoin over a DEX and when you receive your payment and it's from a guy called "Quassam Bon Loden" and the bank is from either Syria or Iraq?  Binance and that piece of *** CZ start to look like a safer option, right?

So are all other blocks at that time, what's so special about it?
Besides, it's not full of 8 cents fees, it also has stuff like this in it:
https://mempool.space/tx/34c4240978cc8497a82f3770e6e68ba43cd1e040b1135be91caf4cd3971665e5
Fee   3,832,070 sat $1,107


What is wrong with those transactions?
They are valid transactions, getting accepted by nodes, and they pay the fee just like others, who are you or anyone else to decide what should be allowed and what not? Besides, the individual miner, unless he somehow manages to get 2-3 Exahash of hashing power so, about 10-20 thousand miners at least can't and won't be able to do a thing.

Yeah, let's start censoring stuff we don't like because obviously, that's what Bitcoin was designed for!
Next will be thumblers and mixers because they make hundreds of tx, then there will be consolidations cause they also take too much space, then transactions under 10$ cause they present no interest then banning transactions between same wallets as they also clog the mempool, then miners won't accept transactions unless the owner of the originating address hasn't already submitted a sperm sample along his KYC data.

Possible, yes! Likely to happen, no!
There was a thread recently about it:
https://bitcointalk.org/index.php?topic=5443953.0


False! Unconfirmed transactions are not set in stone, it's not just about being reversed, it's about them not ever getting confirmed or being dropped out of the mempool after a while for being a low paying tx, that's the whole reason most exchanges or gambling sites wait for at least 1 to 3 blocks to confirm your deposit.
It's one thing to not be concerned when the one doing such tx is you between your wallets, a different story when accepting payments from a stranger.

Yeah, thrilling, can't wait for it:
- Buy 1 mbtc at 29 000!
- Buying 29 000 Micro Bitcoin Finance at 1$!
- What did you say?
- The price of WhatDoYouSee NFT is 0.02 , buy?
- Ohhh no!!!!!! Don't buy!
- Going long on Don't Buy Inu for all entire balance!

That aside, 30 days an old website, supposedly owned by a company registered 3 months ago in Delaware, with no contact, no office, and no information whatsoever, so should I pay 10$ a month a month to give them access to all my funds and trade?

And why do you think it will?
Just because there are fewer Bitcoin mined every day so the pace at which the supply increases is slower suddenly people will start buying?

I'm really curious about how everyone thinks this is an event set in stone, bitcoin will have its halving and the price will skyrocket, don't you think it's quite a simple thing in which you assume a lot of things based on just past events? The myth of Bitcoing now going below the previous ATH as busted, we had just three halvings out of which one was barely known to the entire world, so taking such a bold assumption on so little data is just taking a gamble.

I see everyone here being so serious, the halving is coming so the price must go up, it's like some cult of the second halving coming of Jesus forming. What if there is no interest in investment the next year? What if we face a recession and CB keeps raising the interest rate with less and more expensive money for risky investments?


Oh yeah, you do realize you sound like a snake oil seller right now, do you?


Yeah, money will rain out of the sky for sure directly in our pockets, nothing to worry.
It's certain!!!!


Care to show me on this graph where is that relation you're talking about? Cuse it looks to me more like the opposite!

It's the result of a lot of factors that at first glance seemed like of no major long term concern, so let me make a quick list of it
- the hukou system, great in theory, bad in practice over a long period of time showing its effect, making it impossible of a lot of internal migrant workforce to actually get involved in sectors where it's needed desperately now
- the single child policy, no need for an explanation here
- different mentality though generations, unlike Western elders in a lot of eastern countries are not inclined to spend, when this population starts becoming dominant you're in a lot of trouble, see the deflation Japan is experiencing.
- the lockdowns, which basically showed every single company that it's not a great idea to import iron from Australia, ball bearings from Germany, chips from Taiwan, and rubber from Malaysia to a factory in China to make the product that will be shipped for assembly in Mexico before entering the US market for a 3-5% in cost reduction so, way better to make it all closer to home.
https://www.axios.com/2023/07/12/us-top-trading-partner-mexico-china
- the Russian war, again has shown companies it's not a great idea to have a ton of business in countries where the next day you get everything seized by a madman
https://asia.nikkei.com/Economy/Foreign-investment-in-China-falls-to-lowest-level-on-record
- the final factor is that China, well, as one economist said, became old before becoming rich, being heavily dependent on cheap labor for its economic expansion it hasn't managed to replace that other than a real estate bubble, so now it doesn't have cheap manufacturing, it doesn't have the consumer spending, no investors and little tourism compared to its size, all is powered by state spending, which can't go indefinitely

Of course, it doesn't mean China will collapse or anything else, neither the Great Depression nor the 2008 crisis has proven fatal to any country, but if it enters a solid recession we're all going to feel it, and it's not going to be pretty. Worse for them of course than for us but still!

When did those complaints happen and where?
If you were reading those in your history I'm pretty sure you can post the links here.


Yeah, it's called a node, It has been available since the beginning of Bitcoin and there are a few thousands of them online 24/7 validating every tx and rejecting any bogus one!

Now, I have to ask both you and the other guys who might read this topic, what's with the influx of discussions about fake transactions, I've recently seen three topics about this stuff and I have a feeling all these "inquiries" are from people that are actually planning on using such a thing, which is obviously a scam taking your real BTC and promising you you can send unlimited fake ones.

This whole stuff is just way too fishy to be a pure coincidence!

He has a jambler dot ORG link!
Although the website is basically a whitelabel clone it's not the original.
I don't know how genuine the clone is and if he's doing this just to promote his legit website or he is trying to scam someone but it's obvious he's not from the team and the way he's acting is beyond suspicious.

As for the multiple topics, I have a feeling we're going to see edits and links added pretty soon on those OP, that is unless he gets banned! 

No, it wasn't! It peaked at 1.2 trillion, for 19 million coins to be worth 3 trillion it would have needed a price of of more than $150k per coin, and that never happened.


Yeah, fracking, dredging, lunar mining, and so on!
You can't introduce "new" methods of mining without changing Bitcoin and that would mean the end of it.


And if we look in pure terms of $, from 2009 till now the market cap has grown in 14 years from 0 (let's say) to $500 billion. Now, to reach 15 trillion in 2030 it would need to grow 30 times more in half that interval, so it would need on average 60 times more investment than previously! Is it still that plausible?


Bitcoin is not deflationary right now and won't be till 2030 either, the fact that you still have more Bitcoins getting mined every day is clearly a sign of this, you have an increased supply of coins!

No, because, unlike the evil guys in movies and conspiracy theories, Blackrock is pretty good at making money, so they would not spend a shitton of cash to end up with a fork that is useless and with a ton of negative publicity. If they wanted to do that they could have simply picked another coin or started their own from scratch, there is simply no financial incentive to do such a thing, they would have not only to buy the entire thing first but then to convince people that their fork is the real deal, so if they would have this power to convince people why not use it from the start?

Second, if they or somebody else is capable of doing this and the whole community chooses their fork for the financial aspects it means Bitcoin has already failed or rather we have failed Bitcoin.

Btw:

That's Blackstone!
https://www.wsj.com/articles/blackstone-bets-6-billion-on-buying-and-renting-homes-11624359600

his tattoo removing technique



Is anyone actually still taking this piece of shit seriously?
A moron who tattooed himself with one of the biggest scam coins in crypto history?
His sources, yeah like the people at Blackrock aren't already equipped with a half a mile pole to keep him away after he ran Fortress into the ground, even Madoff would have better sources than him and would be in touch would more people.


Also, just because it's Forbes and it has some clickbait title as "leak" doesn't mean a thing, those are posts made by contributors paid by the article, and if you look at Sam's history:
https://www.forbes.com/sites/billybambrough/?sh=6c2ddb0c6a89
you get the idea of how much these "leaks" are worth.

You don't need some shitty tokens to prevent this myth of de-dollarization!

All you need is other currencies from other countries that are bragging all day about the de-dollarization effort to be really shitty currencies.
Like for example the Russian ruble:



The Iranian Rial:



Or another Brics aspiring currency, the majestic peso:



If even the major and more stable currencies like the yuan and the euro are actually losing against the $, how in the name of god do you imagine people dumping the dollar for a currency that is basically toilet paper?
If this de-dollarization would be even remotely true on a real business level and not just political stunts by failed wannabe dictators you would see traces of it right here on this forum. So, how many services or signatures are paying in anything other than good old dollar equivalent?

There is no such thing as disappearing coins and fake coins.
That is just another scam, they were asking you for 1 u to 10BTC upfront so you could, in theory, send 10 to 1000 fake BTC, of course, there are no such fake coins as any node would instantly reject such a transaction, and disappearing coins...just lol.
The most solid argument that this is fake is that for four years since this scam is around nobody reported such an "attack" in all these years.

What scammers use are low-fee RBF transactions, If you're gullible enough to send your goods or fiat after seeing an RBF 1sat/b tx that might never confirmed even if the sender won't change it then, it's all your fault, not some alien tech hacker.

PS
Remove the links to those scams, some newbies might fall for them.