Then we should ban discussion about crypto on Twitter too because it might lead to people investing in shitcoins, we should ban every exchange and every crypto "project" owner because it will give exposure to a thing where people might lose money.
Besides, again, what is not voluntary here?
Nobody is forcing you to do anything! I have had a Twitter account for a decade and I haven't made one post! One single post!, although probably I've read a million tweets, not one post, not a retweet, not one like!


You missed completely the point and went on a neverending story path, it wasn't about trading it was about the bias when analyzing something.
Every single person was bragging about how trading is helping poor countries, how Africa is breaking records on Paxful or any other platform, and now suddenly out of the blue, trading currencies are bad, and the only reason for this 180-degree change is that this one is run by Musk, nothing else!
We have 1 billion pages on how to encourage people to trade and buy cryptos, one trillion on how do we need to defend against the evil corporations that want to ban and destroy trading, and one quadrillion about how we need more investments and more exposure but when Musk does this is suddenly bad and all the board goes Helen Lovejoy style!

There are far more risks involved in such a "hassle-free passive profits' scheme"

For example the risks here:
The risk of NOT actually owning your mining hardware.
and many more
- the company you would buy the gear for might be a scam and not actually buy it and run with the money
- the company claiming colocation might not pay you one cent from the earnings
- the company selling you this investment plan might simply overcharge you and change the ToS to make your own money because of costs
- the company assets might get seized like in the scenario above

Also, it's highly possible that the company which claims to :
although the domain is 5 days old and might have cropped the datacenter's pictures from
https://www.bitkern.com/en/bitcoin-mining
which sounds a bit scammy to me.  

So after failing to sell your expert horse racing prediction method that could make you a millionaire, your hundred of million worth of copyrights for books that will sell into billions you're down to not having $1000 to seal the deal on another marvelous half a million contract?
Derek Fox was 8:1 at the Grand National with your bulletproof method you only need some £150 and you wouldn't be right now asking for a loan.

Plus I love the 300% interest paid back in 30 months, sounds so tempting!

Is Musk forcing you to trade? Is Twitter forcing you to invest? Nobody is forcing you to do anything!
If people want that they will use the features if they don't they won't simple as that!

One week ago we have topics about how crypto trading is pulling people out of poverty in Afri ca and everyone is clapping now when Musk allows this everyone is about the loss. Nobody brought the loss into a decision when it was about CZ and his #safu unregulated exchange but when is about somebody else all the biased comes to the surface!



The USA is where the money is, if Mozambique had the wealth of the US there would have been apps targeted only at them, but until that changes, this is the reality, and that's why every company wants to be listed in the US, that's why everyone wants to sell products in the US and this is the reason there is no Lamborghini dealership in Kampala.

Again some bored blogger had nothing to do and went with this clickbait-ish headline!

The reason for the stat showing but also misleading millionaire numbers going up is pretty simple, there were around point around ~36000 addresses with a balance between 50BTC + a few satoshi, most of them being from old blocks that have been mined and never moved.
Once bitcoin passed back over 20k, those addresses become richer than 1 million, but it's highly probable that there aren't 30 000 new millionaires but more like in the thousand if not hundred since a ton of those coins are most likely lost, and quite a few should belong to the same individual, Satoshi!

LE:
I just realized, it's your website. The point still stands!

One thing, just to show how out of touch this is, plasma TVs have been dead for a decade, and nobody is making them anymore.
Second, when someone classifies stuff as "unnecessary" it makes them sound like some commie who will decide all by himself how much people are allowed to consume and how often. 10 liters of gas a month, waiting in line a year for a fridge, only 500 grams of meat per person per week, and only one kilo of oranges on Christmas day. Anything more than that is evil capitalism that will make your soul burn in hell comrade!

So how about we stop with the matrix and that wanna-be pimp of yours and simply let people spend as they see fit and if they want to buy a tinfoil hat be it, if they don't and they want to buy the nicest car they can afford because you only live once then let them! All this hate against spending is just commie propaganda from the ones that can't afford it, stick with arranging your own life before deciding how others should live, and remember where we are, bitcointalk!
My keys, my decision what I do with my coins!


Price of what?

You know that you don't need the actual sum to open the order book and check how a $100 million would move it, right?
Here is the order book:
https://www.binance.com/en/orderbook/BTC_USDT
And here is the simplified depth:

It doesn't work like that, volume is made out of consecutive trades and you could spend billions on both sides without moving it but with only a slight increase of 10% on one side you could crash it like we've seen it before.
Think of two glasses half full, how much water can you pour from one to another without spilling, millions of hectoliters! Now do it with one full and the other 1/4
You can generate volume worth billions with 1 million in-depth if most trades are 1% of the depth, but still a 500k batch would crash everything.


How about you check that yourself?
https://www.binance.com/en/trade/BTC_USDT?theme=light&type=spot
Do tell me what happens if somebody drops  $100 million on it 

Actually quite funny, the Queen did own horses, so is the King after Elizabeth passed away, not that they are threatening Godolphin or something but still a pretty decent 6 out of 26 since the change and a 1:1 on flat and 1:4 at jumps on the season.


Oh really?
Let's forget the fact that in 2-3 years some of the horses that won a competition won't be allowed to run again because of age requirements, but how many do you really think managed to win that many consecutive tournaments? 5 horses in the last decade managed to do so on 4+ in a row when they usually do they are already favorites under 6:4, and flat horses simply don't compete for that long.

Anyhow, no takers on the bulletproof system that gives you 5 seconds to pick the winner?

Fortunately, it's not the SEC official position, this is a letter addressed to the chair of the SEC by the Investor Advisory Committee.

But still,
if more people of color (whatever this kind of stupid designation means) are investing in BTC how is that racist? Or is it racist that white people don't invest that much? 


Which is basically the most racist thing to say, they are labeling minorities as dumb fucks who can't understand how investment and risks work, I really wonder if those guys have ever heard of logic or if they do think twice before opening their mouths or writing such a stupid thing.

It's not impossible.
Seattle's city budget is $7.4 billion.
Palo Verde nuclear power plant has an output of 3,942 MW.
Since the OP mentioned actors and (states) look how tiny that number is compared to a country the size of the United States or China, just for fun, the value of the first 24 penthouses in NY listed here for sale is 1 billion.


And they might simply not need 51%.
Since they can run on subsidized cost with no tax no profit they could install just 25%, force other miners out of business and then just add 15% or so to gain a full 51%. Also, they don't have to pay for the best of the best gear, and not at Bitmain prices, they could simply pick up old miners that go on cheaper prices per TH/s and just install those as the energy is simply no problem at these levels, they could simply fire up some old powerplant and just cover it up.

But, why would anyone do it, and what it would solve?

Mining didn't collapse because the actual reward per block kept going up.
How will the reward keep going up when there is no block subsidy but only fees unless you force people to pay more?

Not to mention a different thing, if the hash rate for example will be the same even as the halving pass by, as the price will offset it, you will still face a problem, the same hashrate will have to defend a blockchain that is worth 2x more, security has to be measured on how much it takes to overcome it but also how much it protects. 300Exash and 3 million machines sound nice right now, but if in 3 halvings this will still be the same but with the market cap no longer at 600 billion but 5 trillion, will it mean the network is just as secure?


So if Bitcoin reaches $ 1mil you will have no problem paying $30 for a simple 1 input 1 output tx and you think people will still be using it in their daily lives?
Hasn't the drama of the Ordinals and people screaming like mad that there is a terrorist attack because they have to pay 4sat/b shown how people react ?


No matter how efficient the machines are the cost to attack the network will move the same way as the efficiency of the machines.
12 years ago you could attack it with a single s19 but because it didn't exist you had to spend millions in FPGA, so it's not the efficiency of the machine is the cost of the 51% in current Th/$ that keeps the network secure.

It depends on the depth of the orders, you can go to the major exchanges and see how much the volumes on placed orders are, 1 million$ is nothing on both sides but $10 million might make a temporary dent right now it would make a $200 drop on Binance and about a $300 jump.


Billions? The largest by volume is the Binance/USDT, at nearly 10% of complete BTC volume, a flash $100million drop there would send the coin to $24k levels instantly, and if not all the buy orders would instantly retreat when the bots see the incoming dump.
Do you think that when we dropped last time from 29k to 26k there were tens of billions of coins getting sold? 
Still much to go till we hit levels where billions are needed to move markets.

I really don't understand what his plan was here.
If he wanted to keep a low profile for his neighbors and prevent them from asking how this guy got so rich in such a short time he could have simply moved out and be done with it, for the authorities it really doesn't matter how you dress and how you live, you're just a bunch numbers and those numbers point to a guy who has a $5 mil mansion and a $200k with no job whatsoever.
Living a double life worked back a century ago, but not in these times!


Doesn't work like that.
If in an investigation he lies about the sums while making a plea bargain to be convicted only on the tax fraud and not on the theft he will be facing a multitude of extra charges afterward if caught again, not to mention he will not be able to enter another plea in the same case. He will get from the start 5 years for the breach in the agreement then another 5 years for hiding the funds and preventing assets forfeiture and on top of that again aggravated tax fraud, so if he tries to be smart again he is looking at another 15 years in jail and hard to find a judge that will not convict him again.

Besides they recovered almost all coins except for 2000BTC,  50,491 in the first batch, and then 1,004 from 53,500BTC , which were spent on different things, so that's hardly billionaire material.

It's not, at most the term used is inherently deflationary.
Right now the amount of coins in circulation increases every day, basically we're printing coins in the same way other currencies, at a rate of around $27 million a day worth of coins, so right now there is nothing deflationary about it, but since at some point the supply on the market will not grow at all and even till then the adoption rate will/might outrun the issuance you can call it like that.


Bitcoin is nowhere near the stage where it can be called a global currency.
I keep telling people we're a long way from that and it is enormous space to grow, there are like ~ 20 million addresses with a balance that matters, 300k transactions per day, and only ~150 mils in the LN, those numbers would be low for an economy the size of Bulgaria, not a global one.
So by the time we reach global those swings of 5-10% will become less and less frequent, but swings of 5% are not that uncommon even for normal currencies right now. Remember last year when everyone said the EUR is going to die since it crashed from 1.04 to 0.95 /USD in a week?

It doesn't have to be that especially.

He might now know that he only needs copper membership to raise the limits and post an image, he might try some different thing, like a loan, he might just want some shilling for some project, and so on. The fact that he needs it "urgently" does not really match only with signature campaigns.
Interestingly he didn't mention the red tags criteria.


There is no prohibition, anyone can sell and buy as they wish, but they must face the consequences if discovered which will make the account worthless for signature earnings if that is the purpose!
But if you're here to advertise our scammy service like 1xbit, that will not stop you.

Probably because at the time of the decision it was worth around $1.5 million and that's the amount of money they were supposed to be getting from their NFT sale.
So, it was a publicity stunt to gain some more sales as only 25% of the value of the NFTs will go to the moon!

Now, the interesting part will be to watch Elon's reaction!
Since this is not something he oversees directly as the rover is the property of another company that just sells space for the trip for whoever wants to buy some, and probably he has found out over Twitter I wouldn't be surprised if he decides to paint the whole rocket with a Shiba picture or demand that at least the rover would need to get a paint job.


LunarCrush just sold a few million worth of NFTs and SpaceX is getting paid by Lunar Outpost (a different company) to get their rover to the moon!

Because he might not have access to it, because he might be getting 100 emails a day from different strangers just like you, and most probably of all because he obviously doesn't care? Besides, you sound like you have some info or dirt on him, why don't you go through it legally, if you know who has the funds or who stole it why don't you go to the police or contact the trustee of the MtGox case? You make it sound like you're one step away from blackmailing him! Is that what you want?


That hacker, and who might that be?
Anyhow, since I was promised interesting things, better try this topic:
MtGox withdrawal delays [Gathering]
There are plenty of guys there that were involved in the Civil Rehabilitation Plan as victims, one might help you organize a community or whatever you plan on doing.

You contacted Mark over email about a thing he has been in court over and over and years after the court decision you actually think he will reply to a stranger and tell him everything? For real?
Anyhow, since we're here, why don't you contact Craig Wright also, he claimed he owned that address, and since the first transfer to it was the funding one he was also the hacker, of course then he miraculously lost somehow everything related to that address but I'm pretty sure his lawyers will give you any information you want.  


And from who do you want to claim damages? MtGox? You might be a little late for that!

The rule of investment in risky assets is that you should only invest the amount you can afford to lose, so do you have $30k that you can afford to lose overnight?
It's not the fact that BTC would go to zero, that's a long gone fear, but there are other risks involved, so to make a really long story short, someone who can afford 30k is not something who will dramatically have his life changed if BTC goes to $300k let's say. Slide the bar to BTC to $1 mil, and things change, now it's also a thing of how much can you afford not only to invest, but also how much you can wait for your dream!


Unless you tell us, only god knows what you dreamt as a child, if those dreams include a 30-room mansion by the seaside with a tennis court and a Bugatti La Voiture Noire parked between ten other sports cars, probably not! Everyone has different dreams, some dream of a tiny house in the mountains and just a quiet and normal life, earning a bit over the median pension, some are going nuts unless you go into details no one will be able to even have an opinion on it.


Again, it depends!
For some, it means having enough assets and savings to never care about money in their whole lifetime.
For others, it means not being at the mercy of a 3rd party, with no bank, no authority, no government being able to seize your wealth.
But not that many really care about the second part anymore, the focus is on the first.