When I see a chorus like this not understanding basic economic concepts and clapping their hand in full hate against a concept they are actually embracing while posting here on the same forum I needed to slap a bit of reality on some!


So, when are enough coins and enough profits made from BTC for you? Have you put a label and a quota on your plans also?  
Do you plan on quitting once you have enough and never search for profits again? Or...are you going to answer honestly on this one? 
Because you see, there is one huge difference between preaching this madness and actually being the one doing what your preach, and this is the annoying part, everyone has an idea of how others should live but god help if they should make such a radical change.
Communism at its best, everyone should be equal, but not me!


The Guardian is a leftist piece of toilet paper that stopped being credible a decade ago, I wonder why they keep printing that since we should have all died already
https://www.theguardian.com/science/2004/sep/11/meteorology.scienceofclimatechange
vs
https://www.highnorthnews.com/en/unusually-thick-sea-ice-make-challenging-shipping-northern-sea-route-summer


So why did you bring it into the conversation earlier?
Would you love to live like in 1800? Or would you love to see others living like that?

I love the image and the claim..."90% of entrants are now outside of US"
Since the population of the US is still only 4.5% of the total population they still get twice as much representative per capita.
So based on those percentages, Mexico might be the newest crypto hub, lol!


And still, the US has the largest mining farms, hashrate, most Batms, a ton of companies running legally in the country, biggest investors, and still an influx of people from these crypto hubs that came into the US, funny enough they somehow love the evil decadent west more than their former countries.
I don't see that many Indian and Vietnamese on this thing:
https://buybitcoinworldwide.com/treasuries/


Mostly made-up things based on surveys and fake data reported by exchanges to boost their numbers, if those assumptions would be true then wound;t this map of business accepting crypto look flipped?


This area should have 32 million people, 7% ownership, which makes 2 million crypto users and only....
[img height-200]https://i.ibb.co/wSv7NNr/62063849.png[/img]
But yeah, probably none of the 90 million crypto owners in India is keen on adding business to this list. Seems, hmm, normal!

Unfortunately, you will not be able to get such a list simply because operators refuse to publish those and are changing them all the time.
Same for regulations, you might get used to selling under $500 because there is no ID needed, and the next day you see that the ATM works only with an account, so you have to go to the operator's website, pass all KYC, and then make all the exchange on their app.

Coinradar atm only gets 4% the rest offer no API so any information collected on the ground might be irrelevant tomorrow.
https://coinatmradar.com/charts/buy-fees/united-states/

Unfortunately, right now the best way to compare these when making a purchase is to do it on the day you want to buy and have all their apps installed and run a buy simulation, checking the available info will just get you outdated useless data.
Anyhow, numbers 1-3 are mandatory on almost every Batm model, for number 4 if you go under $1000 there are still some options left like Coinhubatm and BitcoinDepot, of the top owners BATM owners are probably the few left.

Lol, this non-sense never stops.
Some morons out there still don't understand that capitalism has nothing to do with politics, with banks with anything else, capitalism works even without banks, it has worked like that in the stone age, in the bronze age in the dark ages and it will work and continue to haunt all these wanna be socialist till the end of humanity.
Every single other alternative has to be imposed, has to be enforced by a multitude of never-ending laws and regulations till it goes down in flames taking down the entire economy and the people enforcing it with it. How many times does this need to happen to finally understand that you will first need to brainwash and lobotomized every single person in this world for capitalism to be gone?

And lately, this thing is getting frustrating!
How and why in the name of god are we even discussing here the end of capitalism when the whole idea of bitcoin, all the deals that happen on this forum, and all the businesses that start here and promote themselves are a product of capitalism and a free market?


Yeah, everyone was burning coal and wood, there were basically no drugs to combat any epidemics, there was no food safety whatsoever, the life expectancy was around 40 years, and you know what childmortality looked like?
So basically for you to have two kids reaching adolescence you would have to be ready to bury at least two at birth.

And no garbage? Lol!
https://www.collectorsweekly.com/articles/when-new-yorkers-lived-knee-deep-in-trash/
Do you know how toilets and sewage worked in cities in 1800 and 1700? Oh wait, they didn't!

Oh, the classical meltdown of the one caught red-handed.
I said it a hundred times, don't start topics bragging about stuff when you know you have a ton of skeletons in the closet, I've seen tens of accounts cursing the day they opened a topic about leveling to the hero or senior member only to get a tag for multiple accounts, bought account or other stuff.
You couldn't resist bragging about a phone!


Honor Among Thieves! Shitposting farmer version!

Btw, @lovesmayfamilis, why didn't you add his name in the title? Might be easier to find by all those that congratulated him on his "achievements".

It's actually way worse if you count on the number of users compared to the world!

I don't understand why everyone is focused on the number of coins being distributed amount addresses, this is the wrong approach if you compare it to the current wealth distribution. If in the current fiat world, we say 1% hold 99% of the wealth we do include in the 99% of the rest of the population the ones that have a big flat zero, because otherwise we would say that the 1% have more money than the 45% that have something and 54% have nothing. When analyzing Bitcoin the same way we should do the same, because at no point in our lifetime will there be a moment when everyone holds at least one satoshi, some will never have a single unit of it!

So, applying the same metrics we should look at how many own 99% of the BTC compared to the world population.
And if we bring that 1% here it means that to match evil capitalist wealth hoarding we would need 80 million people to hold 99% of the current Bitcoin supply, which is more than possible!
So, is 1% of the world population holding close to 99% of the total Bitcoins ever mined? Highly possible!

Just because right now 13981 addresses hold 59.37% of the total coins it doesn't mean that with x100 more users those numbers will also split by 100 and all the coins will be distributed equally!

If it smells like a fish, it must be a real rotten fish! 
Not only was the story half fabricated and then edited to actually try to look real but as usual with these stories, this is just the tip of the iceberg, from nutildah investigation OP seems to clearly not be a dedicated learner that wants to contribute to the forum but a ban-evading, multiple-account cheater who uses AI-generated text.

And as usual with these stories, instead of keeping a low profile OP will get himself in more trouble than he ever wanted, if at least it were for a Lambo picture, not for a used smartphone!

Well, maybe the new phone has a better auto-correct and OP won't post crap like this anymore when he tries to make a post on his own!


It's always the same story, I sometimes wish theymos would just disable meriting the first post in a topic!

Out of pure curiosity, I visited CZ's Twitter page and I wasn't disappointed at all, not surprised to find the same pattern repeating again denials of any wrongdoing, accusations of FUD , a lot of mumbo jumbo and a wave of applause from his loyal followers praising him again for god knows what, the whole circus doing again a marvelous rerun of their best numbers. Not surprising to hear that Binance Australia never actually had a granted license but instead acquired a licensed company to run its operations through it, and yet, CZ claims to always follow the rules and dismisses anyone who points out the obvious as a "fudster."


Yeah right!
Just like a kidnapper is putting his gun down at his own will, not because there are 10 snipers having a clean shot at his forehead! 
The 100 number and the following part is coming from a spokesperson, they can claim whatever they want as they won't be facing legal troubles for a paragraph in an interview.

After the next halving the reward will be 3.125 and then 1.5625 where did you get the 1.375?
At BTC at $10,000,000 the reward per 1000 blocks will be 15.625 billion, not 1.3!


Lol, leverage in what?
You would still invest in Bitocin if a country run by a dictator that likes to exterminate its neighbors would have a say in Bitcoin?
The moment Putin would be able to influence Bitcoin is the moment you can dump it in the toilet as it would be no different than fiat!


Really poorly written article, who compares the hash rate based on consumption?
One Gigawatt could power less hashrate than 300MW if it's used by older models, it's 100W per TH/s for the S9 and 20W for the S19XP. 

This is just ridiculous..
After saying he lost all his coins by buying a fake ledger that made him go to some phishing website and he trusted it like a "crypto expert" he was, and now the guy is doing reviews on cold storage wallets. I just linked the video here but don't waste your time, it's starting to look like this guy doesn't have any coins at all. His review is an unboxing without even powering up the device or showing a balance or a transfer, so he is most likely a no-coiner on his hunt for clicks and views on youtube with fake stories.

Oh, just checked his video history, after that "story, he had one with the title:
Just lol!

ChatGPT is accurate on those because it has the information at hand, nothing else.
If you don't feed it the information he doesn't know how to do it or what to answer, in this case a prediction of price would be completely inaccurate since:



How could an AI make accurate predictions of what's happening this year and the next when it doesn't have info for the last two years?
Also, quite interesting, can anyone replicate the answers ChatGPT has given the author of the article? I've asked the same question and the answer is completely different despite trying multiple times to regenerate a response!



How would it know about an inflation crisis when the data collected stopped in late 2021 when inflation was still low, even assuming modded chat he couldn't have found that info anyway? The moment you run your own server then it stops being relevant as you can teach it whatever data you want and it's becoming biased as hell!

And socialism and communism flood the world with poverty!

Bitcoin is pure capitalism, no matter how many scream in agony and try to find it a messiah role of getting rid of the world order and poverty and some other total fantasy-like role in the economy, Bitcoin is the true essence of capitalism, where you have capital you are able to invest, the ones that don't have, they will never have sone satoshi! Bitcoin doesn't follow and can't follow the rules of a socialist country with wealth redistribution, you can't force people to give their coins to the poorer you can't even tax differently because you have no idea what to taxon the chain!
So with the death of fiat, there will also be the death of any kind of socialist or communist society if we embrace crypto!


BTC is not PoS it's PoW!
Owning 10000 or 1 coin doesn't change anything in how things work!
Besides, you don't need money to exploit others, look at NK! No trace of capitalism and you have 100% -1 of the population being exploited!

Not really, Meta for example is publishing those in their 10K but is doing on their own definitions of active users, if it were for Coinbase they could also do the same, judging an active user by a random time and sum, somebody who has logged, somebody who has tarded at least $100 in 90 days and so on, somebody who has a positive balance etc.

Anyhow, I've logged in to my Coinbase account again to see how it looks.
Seems like I have a  $5.4 balance from probably an airdrop or something as it's probably in some shitcoin not even shown on the main dashboard, I'm definitely not completely verified since there is one huge red banner there asking me for proof of address but still no message, no alert that my account might get disabled although it is restricted till complete KCY but it has been like that from at least June or July last years as far as I remember. So it's probably something completely random.

And what fierce regulations would make normal start-ups flee the country?
The only ones that would be affected by these are those who come with some vaporware and buzzwords, try to get funding with some shitty token and then to end up bankrupt, no regulation will prevent somebody from coming up with a real product and a piece of software and follow the same path as hundreds and thousands of tech companies have done.

I am of course heavily biased since I'm a bitcoin maximalist to the core but if it were from my point of view I would ban completely any coin offering or limit it to the value of the assets the company has at the moment of the launch. You have $1000 in assets that's how much you can get in from selling shitcoin, no stuff liKe getting 4 billion in funding and ending with...EOS?
Would you cry over them not being allowed to operate in your country? I wouldn't!


Ok, what will the US miss in terms of innovation?
Care to share some examples of companies and innovative products that the US or the EU might miss because of regulations?

That's Paxos, not Paxful, no relation other than the similar names.


Not really that much different and Localcypto went down just as surprisingly, so every single one of them going down won't surprise me.

And another goes down, let's see how many will be left by the end of the year.
Never used it although I have an account there but I can picture the impact in countries where it had way more usage, wonder where will all migrate, it's Binance and Bybit maybe? With locabitcoin gone, localcrypto gone, DEX not really gaining traction despite all this mess seems like there is only one temporary winner here, that until due to another series of "regulatory challenges".

Btw, does anyone have a clue what kind of regulatory challenges are they all talking about, cause everyone claims the same thing without bothering to go one sentence further? 

You simply can't step from the whole thing about DAO, tokens, DeFi and stuff, do you?

If you have done your research then you know already why Airbnb is successful, and the main reason is that it offers a simple way to find accommodation and a simple way to list properties. The moment you throw tokens into the mix you just confuse users, the moment you start talking about DAO it will raise an eyebrow from property owners, throw some more buzzwords into the mix and you're going to have everyone look suspicious at your project.

Furthermore, other than being a clone that offers payment in crypto, how do you plan on getting people on board? You know how many ideas just like yours have been around and how many have failed and further "failed"' as in exit scams? DtraveL has burned $10 million and managed to bring the token down from 75 cents to 5 cents and all it has is a platform that looks like Death Valley. Beetoken, 15 milliosn gone! And the list could go for pages!

So, other than having a token, what would be our advantage over Airbnb for example?


Where is all those extra money going to come from?
Because if you're rewarding either the host or the guest somebody has to pay for that!

Aren't you getting tired up coming here every week with the same topics, mistaken CEOs names, wrong details and obviously having no clue what you're talking about?



Better ask yourself how you're not going to alert the police with your stupid games, you know what they say, play stupid games win stupid prizes.


Unfortunately for you this is not a game, you can't pay money to arrest somebody, if you have a real legal complaint file one with the FINE, then if unresolved go to the next step and open a civil dispute in a Finish claim court, it's available even for citizens outside EU.
But yeah, keep harassing and threatening people over the internet and dream of it having no consequences for you, let's see how this end.

Everything quiet on the mining front?   

It does feel weird to only such a slight difference in blocks mien for so long, no jumps, no dumps, just circling around the 1.5%, income per the around 7 cents, no drama , no nothing


3exa, that's just 30 000 S19, it does feel strange with price knowing at 30k levels to have only this small rise when we had a 25Exash rise back in January when things were really bleak.

Saw this article the other day:
Bitcoin outperformed majority of mining company stocks in February
Of course, it's February data but running some numbers on YTD there are a few interesting things.


They all beat BTC (69.42%) in this interval quite handly, is there a new fresh wave of investors thinking mining would soon go back to the insane profits we've seen two years ago? At least it seems like more willing to put money in companies than trying to buy coins or mine themselves?

You have answered the question yourself!
Italy is not banning AI in general, the action it took against ChatGPT was because of breaking European laws about privacy and the use of collected users' data without permission. That's all! If Microsoft adheres to the laws of the EU the ban will be lifted.
As for a decentralized AI, that's just a buzzword from the last bull run when we had hundreds of ICOs claiming this and that, a trend that has gained a new life now with all the hype and projects popping left and right but with no other target than to scam some gullible investors once more.