It's an indicator and indicators can be used on speculation, nobody says that the scenario will repeat itself but that's what speculation is about, people try to guess patterns, nothing wrong with it. As for your other advice, I have a story about the pot and kettle for you.  


It's a pretty normal thing, a lot except after a sudden pump a correction, check the graph, the fear index went down far faster than the price, and not just once, it does it quite regularly especially when the price is near a round number or what trades perceive as resistance.

BTW, OP, move this to speculation, it fits better there.

100% safe? There is no such thing!

After all Bitcoin or in this case the access to the coins, be it a wallet, a seed phrase, or an encrypted file is still a property that they can get to it or force you to give up, It's a thing of determination and what kind of thieves are you dealing with!
Are you getting mugged in the street and the thief runs with your phone? Simple encryption would help, then you rush home and use your back-up to move the coins to a safe new address! You have 1000BTC, a gang has found that out, and they are ready to kidnap and torture you? Then, just like any other of your possessions, there is no way of keeping them safe. They will torture you till you give them the keys or they will lose patience and shoot you!
Basically, it's almost the same as other valuables, it's easier to hide from a casual burglar, and you can hide the keys far easier than a 10 square feet painting or a 1 ton of sculpture but if we talk about ransom, that's it.

Probably the best method is to keep your holdings secret, avoid KYC on shady websites so a database leak won't show the whole world your balance and home address, avoid talking and bragging about Bitcoin on social media, and so on, in short, use common sense!

That 66sat/b  took me by surprise and I watched the mempool daily, it was around 10-15 sat/b for days and it just went up since morning, but holly*** 112!!!! sat/b in the last block, this is a new one. Anyhow, if the fomo on tokens doesn't go down yours will probably going to be dropped from the mempool at 1sat/b, the purging data on mempool.space might not be completely accurate but most nodes will soon start dumping a ton of transactions if this goes on like this.


yeah, 100% caused by them.

1. o_e_l_e_o wasn't Legendary when merits were introduced
2. Bringing his earned rank into the discussion is just ridiculous, he has earned enough merits to make him Legendary 14 times
3. The answers ChatGPT gave were actually really bad, so starting a discussion on those topics has a slim chance of getting merit
4. Remember that merit is earned from users, so lashing out at other members only diminishes your chances of success


Why not create a topic you find interesting and see if it gets merits, rather than creating a topic for merits with content you might not even care about?
Anyhow, your keyboard, your topics, just prepare to be disappointed later!

Complete letdown so the title is like 100% off!
OP didn't even spend crypto in one single place, or at least he's not talking about it, all he did was found a guy and exchange some cryptos for cash which is like the non-event of the century. Not to mention that suddenly the exact seller coming one day later and starting to advertise more his service doesn't look at all fishy /s
What's even more annoying is that he promotes a service for usdt>fiat, not even bitcoin, so another wave of disappointment.


You're so sure of what he's doing in Thailand and finances, it almost sounds like you're talking about your own account 

Reading the article, one thing everyone ignored :


I think a lot overestimate how much can some really hold coins, at one point when you're sitting with 10-20 million in your wallet you're probably wondering should I sell it now and enjoy life without headaches or should I still hold it for another 5-6 years to get 100 million but hope I would still not need blue pills to have fun.
Not every investor is 18 yo and can wait another decade, for some $30k-40k means enough to have a comfy life, why bother anymore?
As for the EARN program on Binance being another trigger, people never learn, do they?


Those spikes were caused by Binance moving coins around for their "proof of reserves" and then for their so-called audit, it wasn't caused by people depositing or withdrawing money but simply by Binance's new addresses not being counted, like those mysterious 120k bitcoins that are of course #safu 

DDOS? lol


Has he done this after or before securing his coins and blaming the protocol for his losses?
Luke was one of the champions of censorship, he claimed almost was spam, of course not his own transactions, satoshi dice > spam, mixers > spam, batching transactions > spam, the thing that he opposes this much ordinals and he's already on with his censorship makes me think ordinals are not that bad after all.

Oh, and you can do whatever you want with your node, as long as the biggest mining pools accept them any community actions are useless.


No, it doesn't mean that at all.
If it were like this you would have normal transactions going up in numbers, besides it will be far more of a linear growth and not something like this:
https://bitinfocharts.com/comparison/bitcoin-transactions.html#3m
Besides, one user can do 1000 transactions and 10 users 10, the overall number is hardly an indicator of anything.

Well, it's OP who wanted a cheap portable wallet made out of a flash drive so most went along with his scenario. The utility of having an entire working wallet on a flash drive and not just the encrypted seeds you can extract when in need and import into the laptop or computer you would anyhow need to actually use the coins kind of fails to impress me.

But still, I assume most looked at it from the point of having around easy access to spendable coins, not about securing life savings, if the second I would 100% agree with you.

Yeah a total mess but I can see where it came from, he said he bought a small panel that had a USB port, this is where the confusion started, there are a ton of small foldable panels on Amazon that have a DC output for charging phones or laptops, and there are small solar panels for security cameras also, as all of them run on DC on either 12 or 15W. I have one of those for emergencies when I go hiking but honestly, if it weren't so light compared to what I'm used carrying, one power bank is way better, but less funny!

Back to the issue at hand, I'm not sure how he is running those asics on 10kw panels, he has 2x1350, 3250, and 3x 1050W, so 9150W.
He is getting barely 10% excess so no way to run this setup but during the day as he won't have the time to fill the battery unless he shuts the miners way before sunset when he can still squeeze in 2-3 hours the equivalent of one full peak power hour of production to fill the battery for load balancing but this will get him even less running time each day.

This goes against decentralization as you go back to having a representative that can negotiate things on behalf of people he doesn't know and who hasn't their vote or trust, and in some cases, not just one it ends far worse. This whole thing of having someone represent Bitcoin ended badly years ago with the Bitcoin Foundations' failures and scandals, so why stick to something like this?
Exchanges should represent only their business and their company, nothing else.


BATMS does a way better job than exchanges or an entry point with no extra steps.
First, you don't go through the risks of KYC for small sums, it forces you to already have your wallet, so to respect the "not your keys, not your coins"  law and it also gives you far more anonymity, which is a thing for sure you're going to regret losing and you won't feel tempted by the huge numbers of shitcoins exchange advertise since BATMS barely support a few coins.

And despite what others have said, for somebody who just wants to see how Bitcoin works, I would still recommend a BATM over some P2P exchange, P2P still involves a 3rd party, a bank transfer, or any other 3rd party payment solution to pay for those coins, too many headaches for a newbie who is interested in how the coin's tech, not in trading, buying and selling for $.

So, if I want to purchase BTC cheap you recommend using LTC? 

OP, to end this once and for all, just say it, you use Binance spot rate, you use +1% on coinmarket aggregate, or something like that.
It's not that you sell or you can sell BTC at a fixed rate of exactly 28000 both today and one week from now.
As for the $20 upfront fee, just drop it, nobody will pay it!


Well, he claims he's accepting Paypal for crypto so technically he's also taking a risk the other way around, that is, if he plans to send you the coins at all.
Anyhow, that $20 is just so shady, making me think he's after that rather than the whole deal.

I wonder where the 23% comes from



So right now it's 0.0777 in profit with 0.0200+0.0531, a bit better than yours but still, you get
0.0731 in expenses and 0.0777 in revenue, which is 0.0041 in profit, so a 5% margin, nowhere near a 23% stated there.
Taking into account the current mempool spam that drove the fees up and you get a 5% bonus from this which might not be there tomorrow the profit is paper thin, one tiny dif increase and you're losing coins.


Bitdeer, which is actually the only one that has its own hashrate as it's run by Bitmain and it's not simply a reseller of rented hash rate from a pool.
Oh, and their price plan is better than Binance
Hashrate Fee: $0.0172/T/D vs $0.0200/T/D

For what?
As far as I understand he moved some tokens to get a bigger pie of an airdrop in which you receive tokens based on your holdings, right?
CZ comment is the one stupid here, Justin did in this situation exactly what blockchains were designed to do, allowing everyone to move how many coins they want where they want, it's actually Binance that is going against these principles by dictating in a commie way how much you're allowed to get, ignoring the actual balances.


So much for decentralization, so you're not allowed to participate if you own more than x, and you have a reason why that should be?
Next step, no more transactions over 0.001 satoshis are allowed, coins should be for the masses, not for whales, right? 

Reading this after reading hundreds of pages on users here claiming that a terrorist attack is happening on Bitcoin with jpg monkeys, that spam done by people minting memes on the chain is killing normal daily transactions and it's making the true purpose of Bitcoin unachievable, thinking those evil three letter agencies are scared of a protocol that can be killed by 10x10 pixels is kind of....


But, but..that's not what Satoshi planned!
Btw, new 24h interval record, 566,441!

That's definitely not what's happening right now, only exchanges are doing a bit of consolidation as they anyhow pass the fees to the customers, with only a brief moment of 6sat/b confirmations normal users probably are not planning on doing it for weeks.

Besides, if it were for consolidations we wouldn't have a record in Bitcoin transactions, as consolidations would be bigger in size and thus less possible individual transactions in a block. The culprit is brc20 tokens, which unlike the previous ordinals are no longer constrained by a huge fee based on their size, back then when they were minting they were keeping it under 3-4 sat at max, now, it's different.
Until this new hype dies down I assume we're going to have another weekend with mempool going up rather than down.

Interesting is that the record is also happening with relatively normal block time, we don't have a record of blocks in the last 24 hours, just 148 so far from times when we even had over 160 for two or three days one after other.

As for why this is happening, not so many are going to like the reason, it's again "spam" or how did they call it, a "terrorist" attack on bitcoin!
https://unisat.io/brc20/meme  

They use whoissecure, the address you see is the address and contact information of the service.
Not necessarily a scam just from that, Binance s doing the same for example:
https://whois.domaintools.com/binance.com

But the funny part with these guys is definitely this one:


Never in my life heard of a service that will ban you if in 4 days you don't deposit or you don't place an order or anything like that. I'm too lazy to try but is they have a counter on this time limit it would be beyond ridiculous!

Omg!

You have nothing!
If you had anything you wouldn't have changed your plan on what your business is about 100 times.
You were supposed to be a mining farm, then an investment fund, then a defi then an Ico then a mess of everything and the only thing you managed to be is a pure scam.

So you're just a desperate scammer that begs left and right for investors to finally get some money besides your unemployment check if you even qualify for one of those. This scam has been going on for far too long, just drop it, nobody believes your crap, and nobody will believe it anytime soon because it's simply ridiculous and everyone with a once functioning synapse will realize what garbage of a project this is.

You were supposed to be fully licensed in the EU in 2021, yet even now your license is still pending. Just lol!!!!
If you indeed had those 300% APY returns, it's again 3 years since you started you should have multiplied $1k into $80k, why are you still begging for peanuts?
Just go away, go and scam somewhere else, at least bitcointalk scammers, no matter how despicable they are they know when to call it quits!

Oh, and for every possible victim reading just the last page and a bit of SEO
Heliosfund is a scam, stay away from it!

The source is trust me bro, I heard from a friend of a relative of a guy who meet his stepmom on Tinder that she once dreamt of this!

The simple problem with this story is that if the guy who pays in Bitcoin does so because there is no access to other fiances, why is the other guy accepting it since he has no way of cashing out and how does he pay for the stuff? I met a ton of Ukraine refugees last year, they all were trying to exchange hrivnas for USD or euros, they all had either cash in USD or euros, and they had a few debit cards, in the tens of trips in welcoming centers, I've never heard on asking if he can pay in Bitcoin.
It's a psychological thing, and it won't change in decades, when running for your life you want value you can touch and that can be easily changed in times of need, not something you like this. It's not Bitcoin's fault for being so perceived but it's hard to change how humans think, it will take a while.


Yeah, cool story, and what has he done with those bitcoins since he had no way to transfer them or exchange them to fiat?
He paid who with coins, and why did those guys take coins when they also had nowhere to spend them, since, you said it, it was a desert, quite a funny looking desert with 5G poles every kilometer? And why did the guy abandon them and suddenly decided then to continue the trip when he got Bitcoins, why didn't they pay him in coins the entire sum from the start?

Seriously, lock this farce!

So in Russia, this is a feature?   
It used to be extra or why are so happy about the current models?
Oh, and it has door and trunk handles, do they come off?




Of course you did, reminds me of how Russian the elite KAMAZ truck is
https://www.race-dezert.com/home/how-russian-is-a-kamaz-dakar-winning-truck-120782.html


Or here is a better one:
Kalashnikov statue changed because of German weapon
https://www.bbc.com/news/world-europe-41367394
Even your most sold weapon that you're so proud of is just a stolen copy, and it so looks like you even managed to make a statue with it instead of the AK.

Show me one Russian product, one, that is at least comparable to the cheapest shit produced in Europe that is entirely Russian.
And btw, it's the same with everyone, everyone screams that everything is made in China when in reality even Chinese phones look like this:
https://arstechnica.com/gadgets/2020/03/huaweis-p40-phone-contains-us-parts-despite-blacklisting/

At least be proud that there is something Europe will never be able to compete with Russia, poverty, lies, and propaganda, and at least to me it looks like you're happy being lied to day after day, that's why your society will never get better, you never accept when the others tell your whole country is so dip in the shit you should close your eyes and mouth not to drown, but just because you perceive everyone as an enemy you continue on your path, going deeper and deeper.
Largest country in the world, full of resources, and with a life expectancy as sub-Saharan Africa and a median wage lower than Mexico.
But keep believing you're doing great!


The USSR was twice as large, had twice the population and far more resources, and it still ended in the trashcan of history.
Tell me the reason Russia won't!