That's actually what caused the price rally, it started with the first numbers that pointed at inflation numbers going down and at the rumors the FED will stop hiking rates that aggressively and even stop it altogether by late autumn, the bumps coincide perfectly, always with the data release, every single time there was a swing in price depending on the news, be it bad or good.

The whole Miss Salvador won't move the markets one point, the recovery of 5 billion at least from FTX was far better news than everything e had lately.

So, they will copy all from Reddit! How original!
But it's also easy to understand, there is little to monetize in Twitter other than some sort of tipping or subscription which will obviously not happen, so tipping, poking, awarding, donating no matter how you name it is the same.


No, only dogefans and token addicts that see a token solution everywhere!  
Why would they employ a decentralized cryptocurrency in a centralized platform, it makes no sense, they lose control, there will be hundreds of problems with hacked and emptied accounts, and they will have to look every time at the value of the coin when allowing members to purchase, and they will also to have to pay fees instead of copy-pasting numbers, in short, just as with every token in this world, a in house virtual currency works far better for a centralized platform.

That was everybody tought and then when shit hit the fan no one know anything about it:
https://techcrunch.com/2022/08/06/binance-says-it-doesnt-own-indian-exchange-wazirx-years-after-acquisition-announcement/
https://twitter.com/cz_binance/status/1555578415901802507


As for the coins it holds, FML!, two hundred thousand facepalms:


Really? Really? 1/5 of the coins on Wazirx are Shiba Inu?

Bruh, don't do this! Just as I asked you about Romania instead of googling don't throw Wikipedia back at me without double-checking:


You quoted the deaths from 1939, there were no deaths in 1989, only hoaxes, the most famous being Martin Šmíd


And that means losing control?
So they lost control a hundred years ago when people were dealing with cash, nobody can stop me from handing someone in a back alley a pack of banknotes and getting something in return. If you think that the police would follow me and prevent this, well, they can do with Bitcoin too, remember what happened to Ulbricht? Or to Burtw?
Let's be serious, do you think that the elites have lost power in your own country, in Romania for example? I've got my info only from the news but it doesn't seem like that one bit, and as much as I can tell you from Slovakia to Poland and the Czech Republic it ain't happening here either!

I get what you desire but you somehow think we already have this, and no, you're daydreaming at this point, nowhere close!
Are they still playing with interest rates, are they still influencing inflation, are they still deciding deficits and budgets, are they still the ones deciding taxes on crypto, are they still the ones that can send you to prison or hand you a fine for not paying them? If yes, then they are still in control!

Almost all of them require training, so the first paragraph of that article is misleading and they even mention the requirements themselves:


So, first you need training, so it's not like you have no clue you start working, you must go through training and learning, and if you're not good at it, then you don't get the job, just as QA, it's not like you go in the first day and they hand you a food bag and you're delivering pizza, you need to know how to do it and you might be a total wreck so you get kicked out before actually working even 1 minute.
As for the "sale specialist" how the hell can one be a sale specialist when he has no experience in sales whatsoever?
In order to be a sale specialist you must have at least basic knowledge so this is more like getting a better job than your past one!

"Few" requirements, to be a specialist, lol!

The writings were on the wall for a long time, it is clear they don't want to design miners for hobbyists, small miners and it seems like they don't even want to deal with individuals anymore, tolerating them just because they bring a few more sales when the market is down but I expect this to change and go to MOQ orders far more often than now.

I'm curious, if somebody has a clue, hunch, idea, how much more would 6x500W miners costs compared to 1x3000W, assuming the same numbers of chips are used overall? Probably the case doesn't matter at all here since I managed to make a serious bump on one by dropping a small plier from like 90 cm on top of one.


US inflation data is incoming, the last month it was already counted in as the price moved before the release, same as now, in the previous two months the price jumped exactly when the numbers were released, if we have a combination of the two and another spike probably every miner who kept his gear around will turn them on, also a lot of small miners who will think of mining as acquiring bitcoin cheaper before a new FOMO.

But I don't see another 10% jump next period, so, based on my prediction record 

And when you access Bitcointalk through a VPN how does that look in statistics? Russian IP or German whatever? 
Rather than risk your data not reaching other nodes that fast because of troubles afterward and over which you have no control, you'll switch to having all of it virtually in another country from which on there is no blocking. That's what happening and it has nothing to do with the real activity on the ground, that's also the reason that probably it will take the actual hash rate deployed to double to see even a bump in statistics that rely on IPs.


Banning new farms with over x capacity yes, ban on already running farms that have not happened and probably will never. Besides, those bans were in a place where already the grid was maxed, so despite them getting approval to relocate there was already no cheap energy left.

Did North Korea attack South Korea? Did Venezuela attack Columbia? Did Iran attack somebody else?
And don't give the story about their might and their weapons and other bullshit, we've seen the mighty army that was supposed to parade its tanks in Lisbon in 7 days how they fared. Let's wait and see how Russia will fare in 2 years and if it will pose a threat to anybody else from there on!


Exactly, and that's the aim of those, destroy their revenue so they aren't able to afford a war, Russia can have Putin as a leader for 2000 years, and they can survive on whatever they want for another geological era, the thing is for them to not afford to threaten their neighbors as they did for the last decade, and right now it doesn't look like anyone is feeling like that anymore!


The numbers I've posted come from Russia itself, they went from excedent to deficit, the number on the price of the Ural oil comes from the markets, you just have to think for yourself right now and draw the obvious conclusion, if despite huge prices in the past they went from excedent to deficit how will they do when the price of oil and gas crumble?
As for protest, common, do you really expect them to do so when holding a blank piece of paper will get you arrested and sent to Ukraine to die?

Not really, that's why there are velvet revolutions, and since you've mentioned it, Romania was the only one that had a violent revolution at the fall of the Warsaw pact! Don't know why you hated that guy that much compared to our own commies but you're the only ones that executed somebody then and that had the army firing on its own fellow countrymen.


And where did this happen?
In what country has the elite lost control of the people that use bitcoin? Let's be real!

As the others said, appreciate the enthusiasm but it is way too early to claim a revolution or the outcome of it, you're at least one decade too early on declaring the success of something that has barely taken root, not even close to sprouting!


Same as revolutions and revolutionaries, usually the ones that revolt are the same that butcher the entire revolution and turn the country into a deeper shithole!

All FTX has to do is to offer 10cents in some home-baked token like Binance is doing and an army of shills will be born all chanting #SBAFU and praising how trustable this exchange is that managed to come back alive and even offer a few cents to newbies. For god's sake, people re still buying terra tokens and if available they would still buy bitconnect or onecoin, people still gamble on 1xbit and they still trade on yobit!

As for FTX itself, I don't know, John Ray has a solid reputation in recovering funds, and seems like he's doing a great job, but he doesn't have the same experience in keeping them alive, so most of the time is liquidation.

They have millions, they plan on going international with multiple offices, and all they have as a business plan is playing martingale, but, the catch is that before starting playing you need to make a deposit! Why make a deposit first when you could deposit just what you want to wage on that game?
Because you won't be seeing that money nor the winnings that are just some numbers in a script and not backed by anything, ever!

When things involve:
- deposit more money than actually needed
- doing some complicated stuff that makes no sense and doesn't really need money in the first place since it's a giveaway
Surprise, it's a scam!

As for the hotels, cars, yachts, you name it:
Not the first, not the last case.


That's as accurate as every Frenchman always walking around with a freshly baked baguette.

And in order to save the falling price of shares, which has absolutely nothing to do with both the car and the production but with the general economic downturn, the third largest owner of shares has ability nothing better to do than go on a rampage on Twitter, because that will definitely help, right?
All public companies have shareholders meeting where he could have said what he felt like was needed to say, with that much money invested of course he could have called both the current CEO and Musk himself and had a talk with him but no, let's just throw some more fire on this and let's scare away everyone that would think of buying now and drive the rice even lower because that's how you stop stocks from falling down, you have a Twitter tantrum!


So the iPhone model is an unsustainable long-term business model? Lol!
How long is the long term here, cause from 2007 till now it keeps pushing records sale after record sale!
And what has Musk to do with the others keeping up with innovation, is he at fault the others are doing the same things he did?

Not just one quit a few:
- Carnot, abandoned, the page doesn't exist anymore, I know it was extremely expensive
- Hotmine, didn't get anywhere with their project, was present on this forum
- Tresorio, the website is in French, so in short, it's a 14 400 euros , 60 - 140 TH/s hashing power, 120 L water heater. Since you can get the same heater from Bosch or Ariston for 400 euros here in EU and buy nearly one BTC now with the spare, I guess there won't be that many takers either

From here:
despite some necroing and bumping this after months of inactivity, the OP is from  July 05, 2021 

1) First I'm not 100% sure how authorities see cryptos in Pakistan, I know they don't recognize them as any kind of currency or assets so if nothing has changed you have little chance to make the police act on it, it will be like asking them to retrieve your coins in World of Warcraft! You can try filing a case on the higher authority or cybercrime units, whatever that branch is called in Pakistan, since you have relatives there wouldn't it be better to ask them to find a lawyer or a legal counselor?

2) You can make a claim against the casino but you have little chance of winning in this case, for once you don't know if they haven't passed KYC, it's quite easy to do with forged documents, or you could simply buy an already verified account, the court will most likely just find them in breach of keeping up with AML regulation but it's unlikely to award you damages on the expense of the casino if they can prove they acted in good faith. But again, you will have to prove the thieves were the ones playing with your funds!

3) The casino is not registered there because of tax, it's because of gambling licenses, normally one should take your case in Curacao, if not of course in Europe, but you're not an EU citizen, and furthermore, you have no case as it is against that casino. Without a court decision that would prove your funds were stolen from you and used there with your consent, any judge will dismiss this case.  Just think, how would you combat an accusation that gave those funds to a friend, the friend played and got the money, and now you're asking for them once more? Or how are you going to dispose of accusations you were the ones playing the casino?

4) As it is right now, with you having zero official proof of the theft, without police cooperation, chances are zero!
5) Irrelevant as per 4.

You only way to recover the funds is to make the police in Pakistan act and identify the robbers, then make the claim on the stolen coins in court, if the thieves have anything left or they have property or cash or any other thing of value under their name you can ask a legislator to seize that and auction it to make up for the damages.

I won't comment on the other things, but this one:
makes zero sense! ZERO!

Quitting doesn't mean they become unemployed!
If you had a quitting average of 2.7% a month how this article tends to imply, it would take only three years to have all of the population out of a job which is clearly not the case. There was an increase of the total number of nonfarm payroll by 223,000 in December, and that couldn't have happened unless not only all those that quit got a new job but more of the previous unemployed got one too. Besides, even if these numbers are not that scary, it would mean that even if this peak would be the norm on average a US citizen would change his job every 3 years and two months, taking into account that this includes the youngsters who are rarely keeping their first jobs for more than a year it stops becoming an exceptional thing.


That happens mainly on Youtube and Instagram, in reality :

You know too well there was never such a comment, the whole situation is pretty simple, you still believed you were in some art contest like the pumpkin one, overreacted to the news, and added some features. Why not say it? You believed this would be cool so you decided to add them on your own, just as there was no comment, you didn't commit any crime by photoshopping that and you don't need to find some alibi for it!  


I would say that the goal here is to offset power costs, more like getting cheaper heat than actually using this to mine bitcoins for your won stash, although in my opinion it quite fails even at this. As for the other stuff, of course there is no upside, we don't have right now a heater that makes coffee and has speakers that sells in thousands, right? So if this kind of thing is not produced it means there is no market for it, and adding a bitcoin miner on top of a product that doesn't sell won't make it more attractive either. That's why they aren't planning on doing it either.

Source

For some, this might be a surprise since we've been bombarded with news about how sanctions don't work, how Russia is making quadrillions from energy exports, , and many more claims that were simply unbelievable for someone who would know basic economics.

And just as propaganda fades away when hit by reality, so have Russian claims

Russia started the year claiming a budget surplus of 1.33 trillion roubles or 1% of GDP in January
https://www.reuters.com/business/energy/russia-see-huge-budget-deficit-dec-after-gazprom-fuelled-surplus-nov-2022-12-13/

A bit further down the road, the president of Mordor himself declared that Russia's budget surplus would come in at 0.5 trillion roubles in 2022
https://www.livemint.com/news/russian-economy-to-decline-by-2-2-5-per-cent-says-president-vladimir-putin-11662541324566.html

All of it went in smoke as sanctions start hitting, gas prices tumbled, the price cap of oil was agreed and many more, leading to a 2.3% deficit at the end of the year, and this 2.3% is what they claim, so just to be sure, add another 3% at least.

With gas prices being lower than last year during this period, but with Russia selling just 1/3 of it now, with Urals trading full 33$ down from a year ago to 52$ but with Russia so desperate to sell that it does so even at $38 per barrel, it's obvious what the budget income will look like this year. On top of that add the hundred do thousands of job losses once companies pulled out, a figure that will start to bite around now since a lot of them were generous enough to make a 6 to 12-month payment before firing people, and the hundreds of thousands dead and mutilated in Ukraine and the hundreds of thousands that fled Russia with full pockets, and those were the guys that earned a lot, a real brain drain that will leave its mark for decades.

But of course, there will be some that will say Russia is stronk, Russia has resources, Russia this and that but Russia is a shadow of the URSS that had all of those and much more, but still ended in the garbage bin of history! You can't wage an economic war when you're dirt poor and your ally is the one that should tell you a few things about the sanctions that turned the wannabe global power into an economy the size of Denmark but with 50% inflation and unable to feed its population, although it also turned out they are pretty good at killing and hanging their own citizens.

The bottom line is that when economics are involved, nationalism and pride are useless, you can lie to yourself whatever you want but this won't change a thing, you can dream of anything you want but this won't do any good either once you wake up, so the right choice is doing something about. And the first step for a population to not fall into this is by not having a dictator in charge, not being a slave terrified of going against the ones that should fear your vote, and stop blaming everyone else for the things you could have avoided. Not all resources on earth and all of humankind's glorious history will be able to offset the disaster a moron can unleash!

And you're going the opposite way, instead of criticizing praising bitcoin but still, making quite hard to believe claims.

Bitcoin helped poor people become rich.
How, by buying low and selling high? Then we can argue that Telsa made poor people rich also and is a global benefactor and is challenging poverty all over the world. So did Apple and so did Microsoft. Besides, bitcoin is not an apple tree that grows and gives you more and more apples, when we refer to only the ability of making you rich you need to buy low and, sell high, and selling high requires somebody with deep enough pockets to buy your coins, cause if there is nobody offering even one cent for your coins their value would be zero. And now, who has that ton of money to buy all these expensive cheap coins, the, ..hmmm rich! So not only is Telsa making the poor rich but also the rich are making the poor rich! See how this goes?


This is like reading a press release from BAT or Philip Morris claiming how much in taxes they generate!
Simple question, if instead of playing with 1000$ on Binance and paying tax on my possible income I would go to a grocery store and spend that on food, would the government lose money, or would they take that 9% in VAT? When you're closing a ski resort it doesn't mean the government is losing directly money, cause those people will just spend it on something else, they will not burn it just because they can't ski, they will simply redirect it to another service provider.

Bitcoin works great for personal finances, it works great for your own safety, and your needs of privacy or security, but at a large scale it can't make everyone rich, and it can't turn a failed country into a prosperous economy on its own and more importantly, it can't make it rain money in everyone's pocket!
There is a huge difference between personal level finances and diving into macroeconomics!

I live in a world where you can't bend math, that's it!
If you have 100k sitting in a bank and you get 5% interest rate in 10 years you're going to have 162k
If a thing costs 100k and you have an inflation of 7% in 10 years that will cost 196k.
So, in order to buy now the thing you could afford with your money 10 years ago you will have to cough up another 34k.
And in no world does this end otherwise!