First, Japan has suffered from deflation so the whole increase was simply not happening.
Second, why not compare them, Japan is a 5 trillion economy that ranks 3rd in the world with one of the highest GDP per capita, so what would be a real argument for not comparing them?


And? The point still stands, we have a country that has managed to get over a GDP-to-debt ratio of 200%  over 14 years and as you can see despite going through the same pandemic is still acting the same, actually welcoming inflation, which barely managed to hit 4% and is set to decline again.
You do realize they have gone tough the 2000 recession,  the dot com bubble, the 2007 crisis, and the 2020 crash just like everyone else and we don't see the same panic of Japan collapsing? This shows just how biased the world is when just because they envy and hate the US they try to ignore how others have dealt with these issues for decades. Nigeria has a GDP-to-debt ratio of 20% Canada has exceeded 100% with consolidated debt, let's do a quick poll about where you would want to start a business or live 


Yeah, somewhere in the future which can be 1 month from now and 100 years, in which case I have to ask, do you honestly make your financial planning based on what might happen in 2060?

I'm quite curious why you would think that any kind of subdivision would mean injection, this is just the pure definition of trailing zeros, why would that thought even come to mind? It would be a different thing if we would increase the amount of each balance by an order of magnitude and add zero before the dot, that's another story.

And, speaking what the "average" user thinks, well, thank you for giving our troll a month's supply of candy so he doesn't get hungry explaining to us how bitcoin is not bitcoin. Furthermore, didn't we all have some kind of gentlemen's agreement that all these non-sense debates with a certain person should be contained in one topic?
Not that I expect the said person to respect it, but at least keep to keep his nonsense under 500 words per page?

You want to make 1000$ daily, you want to charge 2%, and let's say the average deal settlement for this business would be 4 days, so you would need to roll over 200k over the said period, but let's make it easier and count it in 24h timeframes and that's just around 20 million a year since you gave an example for London, we look at B&Q and they have 12 million a year per shop or if we go big, Ikea has around 90 million.
So you think you could alone manage teh sales what shops with ~100-300 employees do? 


Hmm, you're the third party in this case!


You forgot to add with no capital whatsoever or risk, but yeah, you pretty much nailed it!

Simple, we're f*****!
Rember when the US economy coughed a decade ago? The entire world came down with a fever if now it would default on all the debt it would send us into a coma, everything that's happening now will be remembered as the not-so-bad times before the collapse.

Leaving the consequences aside, the level of debt doesn't matter as long as its serviceable, people have been talking about the default for decades, and every single raise has come with predictions of an imminent collapse and obviously, there was none, Japan's debt has surpassed GDP back in 98 and since then we have heard all these stories about how it will end, crash, burn and here we are 25 years from that, another 14 years since it has gone over 200% and nothing.
To put in perspective, from the start of that news, 1 billion people have died in this world of old age and haven't seen the "inevitable" happening, how many it will be till the US defaults? 10?

Wrapped, Safu, tokenized all useless words that try to hide reality.
As Loycev said, all those wrapped tokens, coins whatever are just IOU promises, there is no difference between WBTC and Terra, they were both backed by consent that was not in your control, so when the ones really controlling those decide it's time to pull the plug you're left with a coin backed by literally nothing and worth just as much as some moron who has not read the news is willing to pay.
Same for UST, the same for BUSD, same for every coin that promises stability or pegging to a value. If this can't work in the real world with currencies, do you think the likes of CZ or Kwon (ups) can solve it?

As for unethical, should we ask SBF what is considered ethical in the industry?

Back to the matter at hand, if Binance would really care about the fees and about Bitcoin, the order on that list would be a little different right? Not with a fake bitcoin being first and the real Bitcoin second? Or if they wound;t want to trick their customers, they could have simply made a different selection for BNB Bitcoin, whoever wants bitcoin click on Bitcoin and deals with that, the ones that want BNB scam coins click on BNB  and do the deposit from there.

Reminds me of a Simpsons scene, it's like you press to vote with Democrats, and the first option is Bush.

What all people are going to do when they are in that situation in real life and not when they are reading a scenario on a forum?
Panic, curse, panic, curse, retry all the wallets 100 times in the hope I have loaded the wrong one, check the balances 1000 times on block explorers, curse again, take antihypertensive medication, start inquiring all family members, panic more, and then accept it and slowly starting to admit what happened, and return to the normal life, probably easier than others since I don't drink and don't smoke so I can't find "refuge" in those or other "alternatives".

That's one reason I don't hold all my life savings in one place, that's why I will never be full BTC no other saving in either deposits or treasury bonds or whatever, and why I don't plan on doing it and nobody should do either.

Oh, and everyone saying they will be calm and analyzing this and blabla, common people, be real, you won't stay calm if all your money would be gone. Nobody would! Drop the poker face!

The ID.4 is not the equivalent of the Golf as it's larger than both the Golf Variant and Tiguan, the Arteon is not luxury but a simple Passat CC, with 400k registered Porsche cars in Germany and with 16% of the sales going into the luxury and premium Sedan and SUV sales I think there are enough buyers, there is a 4k bonus for over 40k and 9k for under, even at the consumer rates for kwh so no charging stations, electric versus gas still getting 8k before 100k km at current rates for both petrol and electricity in Germany for the models mentioned. Did I get them all?

So for cheap and used cars yes, gasoline is way cheaper, for a mid-size the cost will be recovered somewhere between 100k and 150k km and for luxury it starts making less sense in terms of $.


Well, right now you're the one defending the regular mail and thinking email won't catch on.


All AMG hybrids have 4 start-up modes, you can safely drive with full electric in electric or start with comfort mode, but if you want the performance of course for god sake you need to turn the ICE on, it's a hybrid, it has a Biturbo V8 600hp+ engine, how can you get performance with the auxiliary in a hybrid?

After the well-known Nigerian price, we had the Ugandan gold tycoon who discovered a gold mine with 100 times the concentration fo any gold mine and now we have the richest lithium mine in the Universe, that could produce
2.5 million tons a year from he total reserves Zimbabwe has of 500 000t, so , it will operate probably only for two months and close down 

Also, Zimbabwe and protectionism, I remember how that went with their masterplan in agriculture, nationalize the evil white farmers' land, destroy the farms, render them useless, beg the farmers to return, beg them on all fours, beg them and pay more in damages and retributions than when nationalizing them, pretty well.



It depends a lot on the model, for the mini-cars definitely, if you go for the middle segment starts to dwindle as a Peugeot 2008 is 37k vs 26k, but for others like the luxury or large SUV the differences in percentage becomes rather insignificant or it becomes cheaper, the standard electric Q8 e-ton is 2000 euros lower than the gasoline basic.

 

The first thing you would probably need to do is not accept new websites and new resellers that have been around for just a month unless it's a spin-off from some big company that already has some kind of large-scale business. The second and easiest way is a live video stream with the owner, if he wants that to be listed, he can spare 5 minutes with a call from their warehouse, and you can't really fake that.

Also, something like a third thing, do check the ones you have listed and add a few remarks for things that have changed between the time you added them and now, cause companies like ComputeNorth for example have filed for chapter 11 and already sold 2 datacenters as they owe half a billion, a tiny details some might be more interested in that anything else.

The same for Minerva, it missed completely all deliveries to Stronghold and they are part in the lawsuit investors have filed against the company.

Oh god, so the feds have arrested a fake guy?  
Just because he wasn't every day in the spotlights it doesn't mean he wasn't real, you can't really have articles every day about every damn cofounder on this planet, especially since the guy in charge is always in the spotlight! He was a google employee, he lived with this guy in the same condo for years, that's it! If I were to ask you who the f* Robyn Denholm is probably 99% will have no clue and you can barely find anything about her on the internet also. Go to every exchange and look for the number 3 or 4 in the ranks and probably there will be less info about than this Gary Wang.


Why would you want SBF to not be punished for what he has done?

And here it is, Russia suddenly, realizing that the fingers are out of the pockets through the holes where the shitty rubles were just made an offer to supply Europe with more gas through the Yamal pipeline!
https://edition.cnn.com/2022/12/25/europe/russia-yamal-europe-gas-pipeline/index.html
Why? Simple
- they are out of cash, they have gone from surplus to deficit, the gas has nowhere to go as there are not enough pipelines, China is not paying as much and it  makes them bear all the cost for infrastructure, and they are not that eager to buy more either
- they see that LNG infrastructure is built at an alarming rate in Europe and they see that there is enough LNG so they are desperate to try to sell more to somehow make countries abandon those projects and let LNG exports with unsold inventories
- they see that the gas deposits are 83% full at the end of the year, up by 50% compared to last year, they see that Europe will go through winter without a problem so they want to score a point on the last mile to look like they were the ones that saved Europe from freezing, just lame!

But, but, that's not even remotely funny as the thing the intergalactic superpower is going through:
https://www.iranintl.com/en/202212129010
So the biggest gas producer in the known universe is having problems supplying gas to its own industry, shutting down factories, letting power burning mazut, and polluting so much of the capital that it had to close schools
As for the profits, they are far more desperate than the Russians, they are actually selling their oil for $37 a barrel:
https://www.pishkhan.com/news/287882

But no, despite inflation at 50%, the rial going straight to the toilet, it's the evil west that will fall, looooool!!!!  

And it doesn't stop here, it gets even funnier, a perfect example of how brainwashed propagandists fall into their own trap.
So, according to this guy, there is no mass protest in Iran:


Yet, their own central bank governor is blaming the fall of the currency on the protest:
https://www.reuters.com/world/middle-east/iran-central-bank-governor-blames-protests-currencys-fall-2022-12-17/

So it is either that 50 people protesting in the streets have sent a currency in a death spiral, or, someone is just lying, lying and lying, over and over again.

I don't have anything against the calculator itself, what I meant is that when you start adding extra text and guides, it becomes either a guide or a research. And just from the title, common, this is biased in one direction, just how other calculators are the other way when they try to sell you gear, how DCA sites and how rainbow infinity gain charts are.
The thing that it considers a 6% growth per month for BTC price is pure hopium and a 5% increase in difficulty is "normal", well, we all know how this can't be right at the same time.


That's why I don't like either extrapolation or the so-called gradual growth schemes, they look natural in the short term because it was doable in the past but if you project that over a longer term it doesn't look credible anymore, by the 6y average difficulty would more than double every year, this is impossible, the price might trace this growth for a while but at some point when you hit 2x every year and you already have a  bitcoin at a billion $ it's just silly, same when we hit a zettahash, doubling again next year? Not without every semiconductor maker producing miners!


GPU is a different game, you had one coin that made 95% of the reward money switching to PoS, unless altcoins that are minable will manage to do a x20 gain mining will never be as profitable as it was when eth was minable. Of course, a lot of miners quit and sold so there won't be the need for that much, maybe an x7, x10 but still without that it would be like Bitcoin disappearing and leaving us to mine Bitcoin cash and SV.

I don't get this kind of thing, Texas is full of gas and oil and relies on electricity for heating, we don't have gas and oil and we rely on gas for heating, and in Siberia, they rely mainly on central heating having entire towns not connected to the gas network.
Who planned this s***!

So, before the blast hits, after Core declared bankruptcy,  Greenidge is next in line, NYDIG will basically purchase 2/3 of their machine and give them some extra money till next year, turning them from a mining farm to almost a hosting company and they will probably get suspended from NASDAQ too as they shares have gone well beyond $1 to 25 cents, from $18 a year ago.


And mentioning Core, how nice of them, even being bankrupt they still plan to help:
https://twitter.com/Core_Scientific/status/1606325456688422918

Oh yeah, bad America!
If they left SBF alone, the damn corrupt nation, they don't arrest him, if they do arrest him, why do they involve themselves in an inquiry on Bahamas soil, if they sentence him to life in prison why they don't do that for all murderers, if they release him on bail, no that's bad he should rot already in prison!
When his girlfriend was free why isn't she in jail, when she was arrested why is she arrested before SBF?

Madoff was released on a 10 million bail only to be sentenced to 150 years in prison when he died, so, what's the problem with the bail?
Do you think that throwing him in prison till the trial will be one of those GoT scenes where he is tortured every day and has to eat rat droppings or what?

Btw, just like in Madoff's case, the bail was not paid by SBF as he has no money right now in his name, it was a bail placed on his family real estate and two guarantors till 10% of the full sum, so if he runs he will leave his parents with all the debt and legal consequences.

So if this Bitcoin you talk about because obviously is a different one is developed by the CIA, NATO, Illuminati, Reptilians, Five Eyes, and so on, why can't you go back to your izba and fu, sorry, fork a new version of Bitcoin that will only suit your own needs.


He has a lot of grudges against all developers, I'm 99% sure he's a clone of humanrightsfoundation or whatever that madman was called.
So there is no point in trying to convince him even of the fact that water is wet.

And this is a point where you should probably share some real-world experiences to make a point.

New mining equipment that has just been released can be crap too, Bitmain has made a series of flops where it has released garbage miners that would break far faster than you would have expected even from a used miner, and it has done so even on already proven versions, releasing a new batch that was nothing like the previous. With used miners and trusted sellers you don't just have the price advantage but you know those were proven miners that ran for years and had no issue, so it's more like a lottery but with no real fixed odds.


You can find enough stories confirming this on this board, the s17 was really bad, even for Bitmain.

Videocards are not ASICs, I don't know why some still compare the situations like it's not a real difference between a mining rig and a few s19.
One RX 580 draws at peak 180W a 6700 XT 230W, you need 12-15 cards just to match one single s19 in power drawn and obviously heat release, in that picture above there are only 12 cards, the amount of heat they would release is still below what a single miner would do.
We're talking here about cooling a closed room with an AC unit in which you've let 3-4 3KW heaters tuned on, do you think it will work?

Cooling more than a few miners in a closed room is just asking for troubles, not even mention the costs, in an already vented room why have a few AC running when you could have some extra 100W fans that would throw out more hot air then the AC is able to cool?
If none is possible, why not search for a different space?

The problem with all these calculators is that they forget to tell users one tiny thing when trying to force upon them an idea, of either a profit or in the case, of loss.
Looking at the default setting, it's clear what the aim is,  let's extrapolate things cause this will be like this forever, you have a monthly BTC price gain of 3.0 and a difficulty gain of 4.1, just for fun let's double the value to accelerate it and you're going to see that it will show in one year the cost for mining being above the value return in BTC but despite this it would still lead you to believe people will still add more and more mining gear, keeping this exponential growth despite absolutely no returns, which is impossible.
Run this scenario till 2030 and do tell me how many fabs we need to produce all the chips needed for such a hashrate.

How would miners add 2 million S19XP in the next year to match that growth and more importantly how would they even get produced in that interval?
Calculators should do just one thing, calculate, not start with customer-made scenarios (10k for a miner that is priced at 6k) only to prove a point.

You failed to:
- explain why the difference in price was 4 times higher in South Korea than in Japan despite SK having lower electricity costs
- offer a reason for the 25% kimchi premium in SK despite electricity rates being lower compared not just to Germany but Italy or France too
- notice that the premium was offered to non-minable tokens or PoS coins
- to address the issue resolving itself when laws were changed but not the price of electricity
- read all the paragraphs when every single author mentioned capital controls
- offer a reason for the disappearance of the Kimchi premium before any shake-up in the energy market


No, it's not, and as you can see he has failed to even provide an answer on what happens to those 500 million and started with the story of Hansel and Gretel.
In the frankyworld you can have the cake, eat it, sell it, and buy it again for half price and still be at a loss.

He used ftx.us, so at this point without him giving any more details he might be living within the USA, especially since he used $/h as payment, this is not something others use. And if it's like that, then 14$ is barely above the minimum legal wage, and lower than what California will pay next year.
Anyhow, OP seems like is actually focusing on getting a better job than on the whole ftx scandal or crypto and advice on crypto as a whole so, he might have to open a completely different topic for that.


Username checks out