That's the first thing I've thought about after reading achow101 reply stating that is is indeed real, this is just giving unlimited ammunition to critics, if the guy that helped develop the code, that for sure is more knowledgeable about risks and security, what about the uneducated that are risking everything, I can almost hear 1 million Helen Lovejoy screaming!

But I'm still not entirely convinced of this story, not because of the haking part, the coins moving etc, but this line in his tweet..

This feels like trolling, why would you tweet that? For sure he knows better than everyone how a complaint is filed and how you deal with it, but tweet about this?
But assuming this is real, stay away from bitcoin knots fro a while (I doubt that many were using it in the first place)

Where do you live and what kind of giant secret recipe golden plated onions are those?

Walmart  (99.3 ¢/lb-$1.26/lb) that's max 3$ per kilo
Tesco uk 1-3 per kilp
Carrefour fr from 1-4

I feel we're talking about something else, but I'm still curious about what kind of onion is more expensive than pork ribs or loin here.


Because in a lot of families not that much has changed, of course in some countries things are worse, but in some things are not that bad at all, it all comes to how much the individuals in those countries were spending on the items that increased:
https://www.weforum.org/agenda/2016/12/this-map-shows-how-much-each-country-spends-on-food/

Europeans that spent 10% on food with prices doubled, now they would have to pay 20% of their income.
For the countries on the bottom of that list, a doubling means from 40% to 80-90%, the same is for different families in the same country, if they had the means previously they won't feel the pain that much now either.

Well, there is this one...and I learned my lesson!

I always find myself in a conundrum with these, my instincts scream it's going to either be fake or a fail, it's obviously good news, it has to be done, it will probably be done sometime somewhere but at the same time I really hate what comes after it, people that have no clue about the said country will start claiming stuff like Salvador will be the richest in the universe, that somehow the laws of economics will be shredded and glued together in another way, to the point that I end up hating more the outcome that I yearn for it, so I end up like this, basically typing against something I actually wish for.
And as a side note, I should always make my reading and posting in the morning, definitely! 

I think everyone got this wrong!

You had to answer by telling where your balance is situated, so it's either in your smartphone that you carry always with you when you travel from home at 8 am from x location and arrive at work at 8:45 at y, or it's hidden in a paper wallet behind the picture int he living room at your address at zip code xxx, street, ..key under the mat or flower pot 2, or at Binance where you log in with username and pass xxx/yyy!

Is anyone willing to share this, I bet it would be far more interesting than some numbers in a screenshot! 


Because that's how everything works in reality and not in some socialist utopia some still dream about it even with crypto?
It's pretty simple, those who had thousands of dollars around with no other investment opportunities had a chance to buy tens of Bitcoins, and the poorest of the poor who can't even afford a smartphone will barely be able to count the satoshi they own in tens and hundred.

What makes it even more interesting is that while with fiat you could try and force a redistribution of wealth by just axing account balances, with Bitcoin is nearly impossible, my keys, my coins nothing you can do about it!

 

Just to be sure because I might this wrong, but in this case what will happen if
- Miners A and B mine block 700,002 (one of them does)
- Miner C mines his own blocks 700,001 and 02 with 01 having a lower hash than the previous block mined by miner B?

How much you would pay for the spending habits of a guy who earns 200$ a month and only pays his bills and buys the cheapest food to support his family, somebody that doesn't eat at restaurants, hasn't set foot once in a cinema, and will need to work for 200 years straight to buy the cheapest car?
I think a lot of people exaggerate what their data is worth for those companies, look at what you're spending based on ads, think about what profit margin those guys have on a sale, and then decide how much they think you're worth.


Yeah right, and who is going to pay 100$ because as obviously, this company will take half of that money for their 'help" to find out that x goes from y to z?
This is just wishful thinking, the said company could just hand 25$ in gift card money to customers that link their google maps profile to their app and it will get more customers and info about them than from such a deal! If a guy is willing to sell his uber history for 50$ he will sell his google maps for 50$ for sure.

You can't have both!
If for nearly the whole difficulty you have 100% pace as the previous and on the last day you drop 50% of the hashrate the difference will be just 6%, if for example, we drop 75% you will have an adjustment of -20%, but you end up with 3 more days in the first period and a difficulty that is more than 3 times what you currently have, so it will take the small guys almost two months of running their gear to gain those 2016 blocks.
So, no, you won't make that much in the first adjustment, only when it will drop to the level that matches your hashrate would that happen.

But after two months of blocks every 40 minutes, how low do you think bitcoin would go in price?

Ok debunking time:


So, they just got back to pandemic levels, as did other countries in the region.
https://www.unwto.org/news/international-tourism-back-to-60-of-pre-pandemic-levels-in-january-july-2022



Same as the Dominican Republic, Honduras, or Nicaragua



Oh yeah, the famous volcano, except that...


So when you create the infrastructure to supply 30% of your electricity via gas-powered powerplants, isn't the whole volcano thing starting to look more like a lie or publicity stunt?

PS.
The cons are just as stupid, to blame bitcoin for crime in Salvador is just silly as for financial, common, Salvador was the poorest of the poor even before this.

So if Jakarta which is ranked at the top in traffic congestion, has about 33 million poeple in the metro area decided to host some Olympics or World tournament and build another metro line at the same time, it will count as a thing they did just for FIFA, right?   


That's how much they've spent for the stadium, the rest is on infrastructure that most likely would have been built even if there would have been no world cup hosted ever. They've just taken the whole amount spent on infrastructure in the last 10 years and declared this was for the world cup, completely ignoring that other countries that have nearly the same characteristics,  like Singapore, are also spending insane amounts on those, Singapore spends 30 billion a year in infrastructure and has just issued another round of 90 billion for the exact same thing that is booed in Qatar, subway, rail, and many others.

For real now, they've included in these 200 billion even the sum spent on a new hospital!!!!

Yeah, if we go by what Bitcoinmagazine claims with every single possible thing in this universe as a real deal already in place you will see thousands of countries, oh wait, million adopting bitcoin. Do you know how many of these bitcoin legal tender is imminent in x we had lately?


and I'm tired of copy-pasting especially since I fell for the Lugano craze myself.


Yeah, because forcing merchants to accept something they don't have a clue about, creating the infrastructure, employing and paying people to take care of the system to allow easy switch between currencies, and revamping the whole tax system is just a plug-and-play feature.

The moment you dream of a new chart every week it's probably the moment when you need to tell yourself to take a break and enjoy the holidays. 
Overthinking daily stuff so much that you end up dreaming of them is a sign of real stress, and it's not a joking matter.
Anyhow, I find it quite interesting that between your two predictions the price moved exactly $11, you don't get this kind of occurrence, which basically tells you that nothing really happens only on expectations.



Ok, here you got me totally confused, what are you expecting on the 25th, since today is the 29th?

PS.
Move this to speculation!

Make sure in that video to record how many modes there are on that car because if it shows 7 I might ask again why did you say there are 4 yesterday 
Common, you did it only to contradict me without knowing yourself how that car really looks, you fell for it, man up, and be done with it.


You started with the id4, get over with the id4, and don't switch cars as you fit just to try and avoid numbers.
Let's do the math for both cars now with the current! prices, current insurance, current tax, and current government bonus and see how this ends in 4 years of usage, are you up to it? Of course not, cause if you were you would have contradicted franky1 numbers!


Bruh, let me tell you this straight, this is bullshit and you know it too well.
You went for a sensationalist article without bothering to look at real prices!
Here is an example of a contract for exactly the town of Oud-Beijerland, with numbers that are half of what the article claims.



Just put a big banner in 100m red fonts with "electric cars suck" next time and be done with it, don't try to give the impression you're willing to debate or discuss numbers since you obviously don't want, you hate them and there is no way for anyone to convince you of anything else. So after the 3 out of 4 and 80cents/kwh I'm not trying it either anymore.

And as I should have gotten used by now, you read the title, you open the article and the two are a world apart.


In others news, a former member of parliament from Guyana has info that the United States plans to make bitcoin legal tender.
This is starting to look like desperation, we have a guy labeled as a bitcoin bull who has never ever mentioned crypto or bitcoin in public before and I'm starting to think he is more surprised about that news than we are. Btw, I lost count of how many times "coup d'état " is mentioned on this guy's Wikipedia page.


Hihi
https://twitter.com/LordFusitua/status/1481101011506774016
How easy it sounded, and now from 1-2-3, clap clap one week he is back with late 2023.

I think too many are focusing only on the spending part and not on the way they got these bitcoins in the first place.
He is getting paid in BTC  for services or products sold or offered by his company, which means that this must be a registered sale with an invoice, that it must be registered in his accounts, and not declaring it makes it tax evasion in the first place, and if he ever gets a thorough fiscal inspection they will see that there are products he purchased, he did not sell because he hasn't registered it and they have not been returned either,  so this will be the moment the nightmare begins.

In business relations, you always have to remember you're not alone, if a guy that has bought stuff for you thousands of dollars gets audited and when they check your books there is nothing there you're done for, no matter how cleverly you've been with spending those coins yourself.

Also, it would have been helpful to know what taxes are you looking at in your country for those payments and how many you think you can get because if your plan gets you an extra $50 without tax at the end of the month it's not worth even researching it, let alone doing it.
 

Going through that medium article it seems like it has almost nothing to do with bitcoin, you end up with so many intermediaries that probably in case something happens you won't know who to call.


So that article is more about how you want to spend some shitcoin than anything else.


They barely launched their business at the start of the year and didn't get any traction as it seems from the number of downloads, the apple store page has a few more reviews but I have the feeling those are written by the members of the team themselves, too many at the launch in late March early April and a huge pause after that. Even if it's a good product and not a scam if it has no usage you won't see any real feedback on it, and since they don't really offer anything new as the others mentioned, probably you won't see that many people using it from now on either.

You're saying that because you drove it or you read on the manufacturer's website? 
The company that provides transport for us, airport shuttles, events, stuff like that has had for years two Sx50 hybrids, I know for sure those have 4 drive modes and I know for sure it can start and drive in full electric. Now, and this is where it becomes funny if I would have owned one or I would have gone to the manufacturer's website I would have known there are 7 drives modes out of which 6 are for driving from zero and one adaptive mode, so how did you get the 3 out 4? You realize at this point that you criticizing this model with your current knowledge is quite silly, right?


Probably far fewer than you expect, noise is nothing without torque
It's design, speed, handling, and not the noise that sells that car!


No, you didn't! Don't you realize how biased you are when you compare the id4 with a far small car when looking at the price and then you say it's better to have more room and more space when comparing it with a larger model that is, surprise not that large at all? Common, seriously I expected you to be far more objective on this!



You stick to the arbitrary things while ignoring the main thing that started this discussion and as much as it pains me to admit here I have to agree with franky1, you obviously and purposely toss aside numbers, ignore the running cost, ignore the average distance travel ignore everything bar the starting price, and this is no way of comparing two cars when you don't have an unlimited budget while stressing the decision is aimed at for saving money!

He claimed battling depression in order to be released on bail, when you came to any kind of claim like this the judge will require you to go through an evaluation, which is quite common and it saves the court the trouble of another evaluation when the actual hearing starts as well. Neah, the insanity excuse has flown a long time ago, he can't play that card, especially since that would mean he was under the influence even during events like the testimony in Congress a year ago,  he won't go through something that can send him in more troubles, he will just say he was stupid, he made mistakes but he truly believed everything was fine, just like a kid would say he's sorry

 

Yeah, there is no reason to really panic, not only will those funds be accessible but also, quite funny, Kraken has a lot of experience in the field, this is the second time they are leaving Japan, after all, the first period they were active was 2014-2018, now it's 2020-2022, so probably in 2024 they will be offering their services again for a year, just in time for the halving!
Japan has some serious capital control laws, the whole MtGox fiasco has made them look for more regulations, higher security standards which are more costly for companies, with this bear market and probably lack of interest it's the obvious choice, you either adapt or you go out Celsius style!

Of curse, just because this might go smoothly it doesn't mean to trust Kraken with all your coins and leave them there for months!

Damn, I was so curious about that but the whole thread was spammed with useless things, 90% of them ignored the two years in the title and went for the 2017 period like a magnet, some just avoided typing a number, damn, a ton of useless feedback, lucky there were two or three who could actually read and take the time to type something useful. I'm wondering what a moderated topic with a part-time McDonalds vs bounty payout question would look like, but probably it will scare away most real bounty hunters for which each post count.


This is the main problem, and this is why we're wasting time trying to explain to some what they did wrong, we all see this in different ways, just as it was with the endless plagiarism debates. They think like this: If I can do the "work" the two persons could do, why shouldn't I be remunerated like two persons? The whole thing is that we start with the rules and act from there, they start with their own interest and see if they can find faults in the rules in order to bypass them.
It's like thinking that driving over the speed limit is wrong only when you get in an accident!

Yesterday I took a quick look over at blockchair and it was showing ~120 blocks in the last 24 hours, now it's back to 146, with the storm almost gone I think as I see the worst hit town Buffalo is seeing only positive temperatures (Celsius) probably we're going back to normal or whatever we can call normal these days.

The current pace is -10%, sure good news for miners but for some, lol  , not quite enough.

Taking into account that even with all the possible discounts and bulk rates keeping all the miners active I would end up paying for them a consolidated 14 cents per kwh from around the 5-6th of January I will shut down all but two of them that I have moved in the main basement already before Christmas.
So, it's going to be cleaning, packing, and probably most likely selling for BTC (I already feel bad for the guy who is taking over), do a bit of not so honest accounting, and declaring myself happy with the outcome depending on how I juggle with BTC vs Euro profits.   
The most amazing thing is that I try to be sad about it but I feel more relieved than sad, looking back, man that was a pain in the ass! Funny at times, exciting, but a pain in the ass nevertheless.

In other non news,
Bitcoin Miner Argo Will Avoid Bankruptcy With $100M Bailout from Novogratz’s Galaxy
They keep throwing money at those businesses faster than at the best stripper club in town!

Anyhow, a late Merry Christmas, and Happy Holidays to everyone, and I guess we'll move to a relaxed  2023 topic?