There is no general rule for all countries.
I see another user saying you're from Indonesia, I don't speak the language, and I can't find anything on a simple search in google about how that works there but I can tell you how it works in my country, and this is not a general rule even for all the EU.

Any kind of farming you do which only involves utilizing the final crops for personal use, without you at any point engaging in other activity, like for example selling either the strawberries or the strawberry jam, it's not a taxable event and it doesn't need to be declared to the tax revenue services. But they are limits to what is considered personal usage, so you can't plant 2000 ha of corn and say it's for your morning cereals.

If you do sell your products to a third party, thus engaging in a taxable event, you are subject to taxation which works like this:
- your revenue is under a limit (depends on each country), you won't pay taxes but you need to declare the revenue
- your event is over the limit, you're treated like any business and you have to pay your taxes.

So basically, you plant a few melons and you eat yourself in your backyard you don't need to tell anyone, you plant a few and you sell them you need to register but you won't be taxed for 5 euros profit, you plant 100ha and sell them, you're a business and you need to register not only for tax but with the agricultural office also.

Again, and I must mention this, I don't know how the law woks in Indonesia, I'm just telling you from an EU citizen (who is has been for 20 years involved in agriculture) point of view.

I was more bearish because I wanted that to happen and I looked only at things that we were enforcing that view, that's the reason I don't trade because I'm not really good at differentiating between things I want to happen and things any cold-blooded analysis will tell me are more likely.

Now the bad news  , even without real money at stake now I'm still bearish on the growth, not on the difficulty itself but on the pace it's going to grow from now on, without a price increase I don't see spectacular stuff like this event happening more than twice again, even without a negative adjustment. I'm away so I can't check the actual income for the last week but viabtc shows 6.5cents per Th/s doubling again with no price increase, common at 3 cents income most of them are going bankrupt before that.
So, growth, but timid growth compared to price more driven by already purchased gear than economic reasoning.

Indeed, this is where storage gets way too complicated to make it a cheap thus affordable and reliable solution.

You either go for the cheap and easy way to deal with, like placing a tracker like an airbag in it, but which under 10 feet of concrete and rebar won't be detectable at all, Bluetooth doesn't penetrate that deep, or you go for a more complex and powerful solution which will need a third-party service, a huge battery that will increase the size, which might solve or add another problem on top of an existing one.

With a small box, it's highly possible it will not get noticed among the ruble just get thrown with the trash in a truck and dumped before you're even allowed to reach the scene of the disaster, with a huge box, there is the problem of it getting stolen as some might mistake it for safebox before you have the chance of getting it back. Plus if you make this big and durable, you have to hide it also pretty well in your house in normal times for the same reason, thieves getting in and thinking it's a safe box full of money, which actually it is  


Yeah, easier said than done.
It was hard for me to find a place to store a pair of keys in case both me and my wife lost ours, (obviously, the inside of the house was a no), and with a hardware wallet, you must exclude a person keeping those, so, how many people have 2- or 3 properties with land so they can bury a case or a box far away from prying eyes?


If you're living above the third floor or even better you don't have tsunamis at all in your region there is not really a matter of concern. But you could at least laminate it to avoid normal degradation or accidents like your neighbor flooding your apartment.

It depends on the country's laws, but in most of them if you just abandon your vehicle it doesn't mean you stop getting taxed for it, it's still registered in your name it's your property, and you are going to have to pay tax until you void your registration, basically stating that the vehicle is not drivable or roadworthy anymore.


The borrower is the person who took the money, a tax payer is a normal citizen, and the borrower can't be notified by the tax payer more by the tax collecting agency in your country. Second, it doesn't matter if you borrow money or not, taxes are paid if you have any kind of event on hat revenue, and there is no such thing as not knowing about it.
You've earned $1000 from any kind of work, be it selling your crafts or doing a freelance job you must register and pay taxes, unless in your country revenues under a certain amount aren't taxable, but that doesn't matter you don't have to fill your taxation form, even if you're not going to pay a dime.


Unless your country clearly states that revenue from farming is not a taxable income for under x amount, what that farmer is doing is tax evasion, in most of your post you're mistaken tax dodging with tax exemption, thinking that if you're not paying it's just like that and it doesn't matter. The inability of your government to catch you doesn't make it legal.

Ordinals and their hype had no direct effect on the hashrate, the hype started so recently that it wouldn't have been time even for the gear to be ordered, less much already received and installed to make for the increase. Plus the timing is not there, the mempool was flooded by them by the 7th, the last difficulty retarget happened on the 12th and was negative.

It's most likely an incredible amount of gear that was ordered a month prior and was still stuck in deposits or farms that at prices below 20k  were running their gear in low mode, plus even some farms that were offline in the previous two weeks (we had a -0.49 adjusted prior). A combination of factors, but ordinals are not one of them.


Not necessarily, it depends a lot on where the growth was concentrated, even if it's a bit random and a lot of luck involved the first days saw a higher time block than the last ones, so it is possible the currently installed hashrate is still growing by a bit, a few 1-4%, so we might still have extra blocks even in this period.
Anyhow the hype is dying down, the weekend is coming and we only have 4vMb worth of tx in the mempool, most likely it's going to be empty next morning, and a lot of free space during the weekend for 1sat/b consolidations.

 

That's not how it works.
You choose a peak point for one of them and then ignored the bitcoin price on the same dates.
Even by going by your scenario, August to date, you have
- riot from $10 to 6.5
- bitcoin at same price 24k
So no 3x difference, just a 33% loss on riot.

But if we choose other dates, for example, yoy
- you have riot at $15 down to $6.5
- you have bitcoin down from 41k to 24k
so a 35% loss for riot versus a 41% on BTC

Now let's go 3 years
- riot at $1.1 now 6.5
- bitcoin at $9k, not at 24k

With riot you have a 6x, with BTC you have nearly 3x.

Plus at no point in the last 3 years, you would have been able to take home a 100x revenue with BTC , you could have done that with Riot shares.

It's not that scary yet, wait for the moment when I turn bullish also, that's the moment you know something bad is going to happen 
But I would agree that everyone seems to be acting like kids before a vacation, with so much exuberance and so much confidence that we're going to enter a completely bullish market and a period of mass adoption just like that, out of the blue suddenly complete reverse.

And in mining, even crazier

Ok, it might not be new gear, it might also be a lot of low/high modes getting switched, but we're still talking about at least 100k new, and for the rest it would mean half of the gear was running in the low settings, and suddenly, when the revenue went from 6 to 8 cents per th/s, it becomes more viable to mine full power, I find it near impossible to believe so much would be at such tight profit margins.

I'm glad I'm out of this and switched to hobby-style mining with just two of them left, I'm so relieved that I don't even care anymore if the revenue drops to 5 or even 3 cents per th/s, I'll let them mine till they die.


Yup, permabull detected, I dare you to go to the WO topic and share this scenario! 

The ifs are:
- you need a grid that works 24/7 as a backup, not the case for OP
- you need incentives from the government, no subsidies are available either
- you need the plan to get paid for the extra energy you feed to the grid or at least get credits for when you draw power

It would work in every country that has these programs but it will fail completely if you're on your own, and the reason why nobody is actively mining completely off-grid at anything other than hobby scale.


It's a bit less since he won't be needing 6 times more batteries (24) if he goes for more panels, 12 will be enough even at 0.6 factors, again, only one inverter needed, so more like 15k overall, still he's better buying coins.

Still doesn't come closer to the Roberto Cazzaniga case, when he "dated" a fake model for 15 years and spent 700k euros for that.

It's a bit different because it's an elderly woman here but romance scams have been happening in the thousands, I think we have over a few dozen cases reported here, but usually, men who are scammed for lower sums of money are not that eager to go to the police and tell their story, especially if they are married.


It was very simple for the bitcoin part, the scammer just sends the victim the QR code they have to scan at an ATM and buy coins that go directly to that address, much like paying a bill on every single of those self-service payment terminals. Probably if it would have been more complicated than that a lot of victims would have not agreed to it and seeing how the scammer insisted on that they would have got suspicious about the whole deal.

When I read the title of that article I was hoping for a bit more from that "resumed", but this is probably everything they are able now, and of course, they will be swamped with withdrawals since that's all customers can do, it would be simply stupid to keep your funds there and now know if you will ever be able to trade or even be able to get them back one year from now, it's good for the customers of course since they will get their money back but it also means FTX Japan is done for.


So, now that we have a few names that have fled Japan over these regulations that are now proven to protect customers, won't this be a good time for users to drop them? I remember a guy that shouts #SAFU all day but when it came to obeying these laws it choose to #RANU 

What was so difficult to use in Electrum?
It's a simple wallet, you have your addresses and your balance, you type the address and the amount you want to send and that's it!
I understand importing addresses and seeds would be more complicated for the new user but overall I don't see how it's harder to use that and think of a web-based wallet.


Did you import your seed from blockchain into electrum?
If it's the same wallet of course it will show the same transactions.


Do you have any other coins in your wallet?
Since the value is shown in £ it might just be that you have some coins that have gained 200% in the last few days.

There is another ad being displayed there, seems like the same owner as ID match:


same fishy domain:

Looking at the bright side seems like they are not managing to scam that many since they have resorted to a subdomain and can't afford to spend money each time domain for each of their scammy websites. Oh, seems like there are a lot more, there are also


I wonder what advertiser is this, we could report this directly.

PS.
I think that today they got more clicks on that ad than in an entire month.  

That's the problem, you can't have the cake and eat it at the same time, it will either become more and more a store of value and by this becoming less interesting as an investment or continue growing while not so much of a transaction and storing of wealth thing and more like speculation. So the problem is where the change will happen and at what prices, if an equilibrium is to happen sooner rather than later then the path to 1 million is going to be a pain.


People dumped it at 60k, they dumped it at 50k and they dumped it at 40k, it's easy to say hold forever but you have to consider other facts, like the one that people age, so if you're in your 30s and you want to start a family would sell now for a profit to buy a home or spend the next decade living with your parents and planning to have kids when you're in your 80s when you're a millionaire? Some look at it and see 200x profits already, and they ask themselves, should I wait for another 5 years to double the money or should I simply stop worrying now while I don't have to spend money on blue pills to have fun? Not everyone is a long-term holder, if that would have been the case, how do you explain the drop from 65k to 16k?
Each person has his own plans, his own goals and so on, that's why we will keep seeing people liquidating their coins and not buying back every single day.

Again, it's possible, I would never write it off as that would just be stupid, but it's not as simple as it you make it look.

Impossible for a multitude of reasons
- the code is open source, if Satoshi would have planted that he would have taken the risk of somebody discovering it and taking advantage before him
- the code has changed a lot and he had no way to know that the part which allowed him to come back and the attack would be kept and not modified
- there is a bit of consensus on the idea that Satoshi wasn't a full or expert programmer, so again it would have been near impossible for him to hide from a lot of people who were probably at least the same if not more experienced than him

So, leaving a backdoor for 13 years in an open-source code wouldn't have been the brightest idea, not to mention the blowback when that would have been discovered.
Imagine this would have happened in the first month, everyone would have just dropped the project and never touched it again.


One, the code is there for everyone to look at it, and with that much $ involved there will be thousands analyzing it, but also you can't do anything other than this.

Stop comparing the two, Ukraine is being invaded by a foreign country and is at risk of losing everything, Turkey experienced a natural disaster, it's not like they need guns and rockets to fight earthquakes. Also, you're clearly misinformed about the donations, just the US sent $85 million in humanitarian assistance, with the UN seeking to cover an extra 600 million on top of the already pledged 400 million.


Most of the time exactly when quick responses and actions are needed the governments end up taking even more time on decisions than when it's not a crisis at all, everyone runs from responsibilities, nobody wants to take a decision, the majority has a lot of skeletons in the closet they want to cover up never to be found and so on.

Fortunately this time they got scared and allowed the donations, it would have been such an ugly sight to have people in need and the same time the authorities like morons block the much-needed help readily available.


What happened was corruption and a lack of respect for the law and regulations, a building being built with no concern whatsoever, a disaster waiting to happen. The Tōhoku earthquake had nothing to do with this, the earthquake happened under the sea 75 km from the coast, also the majority of the victims died because of the tsunami, not of the earthquake.

Something that matches ebay, not by a long shot!
There was one serious attempt like open bazaar and it went out of business, the myriad of small projects simply couldn't gain any traction at all, mostly because people look at ebay for buyer protection, cryptocurrency-based solutions offer merchant protection against chargebacks so not that many are thrilled of shopping on a young platform and getting a brick instead of an iPhone without the possibility to get the money back.

The only one that I know to still be around is bitify.com but it's not like I've ever used or can vouch for it.


So what the point then, just use your normal card from your bank with fiat and keep your coins, at least if something goes wrong you know that somebody will answer and it won't be a bored guy in 3rd world call center that will tell you for weeks the issue will be solved.

Hmm that rounding up to not include a decimal might be a bit misleading on the last two, but that's also a bit of a wake-up call, we're no longer dealing in order of magnitudes and we have to look way lower. Anyhow, the 2021 growth was 130%, and the one right now is just 54% based on those numbers so a bit of a difference, not that it matters that much.


That's one thing I don't like about extrapolation on percentages,  which is such a small sample those can go any way possible, a decrease in growth from 16x to 3.5x can be easily seen as another ~80% fall growth rate and that would lead automatically to just a 0.8, and with this making the next one almost flat. But if you look from a raw number point of view, the growth is actually increasing since the last one was 48k and the previous 18k. Of course, this is a flawed model too since it would lead to unlimited and expanding growth, with over 200$ and over 600k in the next runs.

Protect before it happens, no, solving the problem afterward, yes, by taking the one that has sent you the money in the first place to court, just as you do know if you find you have bought stolen goods from somebody without knowing and the cops come and seize those.


There is no such market, if somebody knows he has got tainted coins he will not sell them to somebody directly so that a connection can be made to him, he will try to as you said,  wash the coins, at which point the coins are just like any other coins, so no discount.


If you're aware of a transaction being "illegal" for various reasons even the fact that you helped it is illegal, not just taking a fee.
If you have taken the fee unaware of this and in good faith at that moment,  it's nothing that can really happen to you.


No, it's not, by mining you just earn clean coins but you still have to pay for the mining hardware and electricity with your previous funds first before you earn a thing, so you're back to square one.

18650 are different in voltage that your classical AA batteries, plus packing more energy into the battery while increasing the cost makes little sense when you can simply buy rechargeable ones and use 4 or 6 of them to have one set always ready. Maybe it's just me, but talking about the extra cost of a few batteries and a cheap cable probably every single one of us is having laying around while discussing a device in which you plan to store thousands of $ equivalent seems a bit of a push.
As for why small producers do the cable thing, it's easy to understand, you include a good cable you have to rise the price a bit, you put in a junk one you have angry customers the cable is obviously junk, so why not get rid of all possible cable related complaints induced a bad batch and have the user decide for himself what to use.

I was quite intrigued by it due to the display and QR but what's with those dimensions, for real 4 inches wide? Hope it's not a trend and we're not going from wallets you can tuck in your pocket or hide beside flash drives to things the size of a tablet.

First thing is that you don't know if it's a dip or a knife falling down, some believed the 40k and then the 30k was a dip, what would have happened if you would have gone greedy and bought ten times more at that price, believing you've made the trade of your life?
DCA is exactly the opposite of daily speculations, if you want to keep acquiring coins at an average you do it on fixed intervals with fixed money, the moment you try to buy more on some days and less on others, the moment you buy consecutively for 3 days and then take a month break that's no longer DCA is more gambling than both investing or trading.


I know a guy that has continuously bought every single dip based on emotions, if I remember correctly he's some sort of president somewhere, he has nailed every single dip so nicely with his laser eyes that his average buy was around 40k in December. A clear indicator that it's better to DCA rather than chase the dip and ran out of money when the real one occurs.