And why are you so sure it won't happen?
Is SBF rotting in jail right now or am I missing something?


You're not an advocate but you're opening a topic on how grateful we should be to CZ for all the glorious work he has put into crypto and that we should not dare to doubt to attack him and tolerate all his dick moves and all the bullshit the claims on Twitter because we're too stupid to understand his greatness. F*** CZ! And a big FY to all his cohort of asslickers too!


That's why I asked you, since you like regulation and open data so much, again, where are Binance headquarters and office?
Is Binance licensed and regulated in your country? Oh, wait, no it's not!


Building a monopoly, attacking others, attacking bitcoin, fleeing from the law? This is, good for the industry?


It doesn't matter, Binance is the only exchange you trade on and you're here praising Binance, that is called bias and that's how it is.

No, it's not like that!
There is no FTX intl, there is FTX Digital Markets Ltd., the subsidiary of  FTX Trading Ltd , both of them were registered in Bahamas.
FTX Digital Markets Ltd kept their bankruptcy with the Bahamas authorities, while FTX Trading Ltd agreed with the liquidators appointed by the Bahamas authorities to file for chapter 11 in Delaware US.


Money doesn't belong to a country!
The money belongs in both situations to the creditors that will file for a claim, there is no money going to the US or Bahamas government, all the assets will be frozen and retrieved by the ones appointed at restructuring or in case this is deemed impossible liquidate the company and pay up the how much as recovered to the debtors.
It's not like FTX Australia will pay first Australians then the users from New Zeeland and last the ones from France.

As for how will they be split it's simple, the money either belongs to FTX DM or to FTX Trading, and there will be no split in any moving assets from one side to another.


Again, it doesn't work like this, each of the companies will have to pay back their own claims first if anything is left will there be a complete liquidation nd see who gets the extra or it might be that the exchange will be kept running as a separate entity! There is no pooling of funds and paying randomly.

If you don't know the name of the owner, nor the correct name of the exchange if you have to search who the guy was, then why are you so angry at him being "popular" when he obviously isn't as you don't have a clue about him?


I'm actually not sure this is what's happening there, when I type SBF I get results related to the crypto scandal, when I type SMF I don't get any hit, not even in the news, I get news from French and Indonesian sources but nothing about SBF and FTX.


Yeah, I'm pretty sure that after losing 10 billion, with a high chance of getting in jail SBF must be so damn happy that when people search SMF (how many even do this) they get results on how much of a scammer and incompetent he and his team was. You're putting way too much emphasis on how much people normally care about their social media presence or internet exposure, especially in this case.

Anyhow, quite ironically, while complaining about his popularity you just opened a thread with his name and made a lot of people that are curious about your story search for " SBF", exactly the opposite of what you were angry of.

Would help more to pinpoint what happened if he could remember if he was CPU or GPU mining at that time, for now with the info we have we could only say that he was probably mining on a pool and that CMD thing he remember might have been one of the mining programs like cgminer but that's of no real help.

Anyhow, there are just a few pools that are still online and only slush would be the one that he could have used back at that time, if he can't figure out how to recover his account then that's it.
If he was solo mining (which I doubt because of the webpage thing) he must first recover those files, again, I doubt he has them since he could have started the program and remembered what he was doing.

Anyhow, maybe one of the old timers here that was an active miner at that time might have a flashback but the chances of getting those coins....

And Ghana has defeated South Korea, does this make Ghana more technologically advanced in any field than SK?
Or more bitcoin-friendly?


Do you actually think that Nokia is a Japanese brand?
God, it's so funny to see all these experts in geopolitics and global economy casting their opinion when they don't know even basic stuff.

Anyhow, how does somebody define being in the first place in the crypto industry?
Have exchanges operating from your country? Then the Bahamas was a leading country till...a month ago!
Developing shit tokens that fail two months after launch?
What are the others criteria cause the two above really suck!?

Almost all of those are instant exchanges, day trading with 0.5-1% fees on each trade would mean losing money for any trader or switching from day to weekly to allow at least a 3-5% swing to make a profit. People that day trade on major CEX with huge volumes can't sometimes wait for even one block confirmation before they buy or sell again.
Take one of those p2p rated 9/10, bets offer for me right now is 16620.37 EUR per BTC, and the spot price is 16,133.54, already losing 3%.

If you want to DCA or just cash in some profits after a good week yeah, but day trading, no way!


Withdraw only should mean no trading also, otherwise what's actually blocked, only deposits?
I have my account also disabled but funny enough my card with ~2$ on it still worked as I bought for fun a bottle of Pepsi in the gas station.
Unfortunately, I can't test trade anymore since I don't hold even 1$ minimum to see if it still works.

What would be the point of running a full node on a separate if you think you might have to completely unpowered it for months at a time?
If you just plan on running it occasionally twice a year just use your usual dive and then get rid of the data till next year.


Blockchain data is available from thousands of nodes, there is nothing that is permanently lost because of a single drive failure, that's actually the sale point of a decentralized system, you lose the blockchain data on a failed drive you just put in a new one and resync from the network. Far easier than trying to recover it from a broken HDD.

Anyhow, just go with a standard 1 TB SSD like the EVO series from Samsung, it's $80 right now and you won't need more space this decade.


I bought my desktop SSD on 08.03.2018 according to the invoice in my email, HDD Sentinel says 1689 days and 15 hours of power on time, so, you can safely put 5 years minimum there.

None


Of course, because you're using something that is not yours to deceive for financial gain. The pure definition of fraud.


Credit repair services are also mainly scams, there is no such thing as fixing a credit miraculously or erasing debt or bankruptcy by paying a few hundred dollars, a few legit ones can help you with errors in your history when you have proofs that data is wrong or with advice to check on dubious numbers that you didn't notice, nothing else, most of them are just as shady as those bitcoin recoveries or Instagram unban services.


It's impossible so it would've no use whatsoever since we're talking about theoretically growing something that is not accepted anywhere.

So does smoking, drinking, driving, and eating unhealthy. So, we should make a committee and decide that people should not be allowed to do anything that might be harmful to them and might have consequences?

We had another topic where someone was criticizing banks for not allowing him to deposits to a crypto exchange, by the same "protectionism" banks did a good thing since they didn't allow you to deposit money on an unlicensed exchange that requires you KYC and might run with you coins and sell your data!
Your keys, your coins, your decision, it might be stupid, in some cases it's really stupid but you can't force anyone to stop doing it.
If someone wants to trade his bitcoins for shitcoincash, should there be a law against it?  


Hello, Sadolf Nakatler!
And here we go across the thin line where you suddenly want to turn people into slaves because they are not playing along with your view. At first is for punishment for criminals, then for the ones with a different opinion, then for the ones that don't do every single thing you ask them to. As always, from freedom advocates to tyrannically despotism it's just one tiny step, usually because somebody thinks he is smarter than the rest of the world and everyone else is dumb so he must follow his rule.

Being on bitcointalk and reading how we need to turn bad guys into slaves and send them to mental hospitals sure seems unreal.

"Uncommon" is the chance of matching one of  40 million out of 2¹⁶⁰ in a trillion tries, you know how many zeros after dot and zero that is?

I'm pretty sure math doesn't work that way..


Just 316880878.14 Years, no biggie!

As a billionaire, you can't have a normal death, no matter how you die people will always find fault with something and claim it was a set-up.

A few years ago I was at a party with a few of my old colleagues and friends all happening at our host's father who is the local representative for the leading party, everyone was having a fun time, dancing and so on, he managed to step on the dress of his daughter, and missed the side of the table with his head by a few cm when he fell. Everyone at that moment agreed including him (while laughing), no way that if something bad would have happened would outsiders believe the story of him dying like that, for sure it must have been an assassination.

Billionaire dying in a car crash? No way, all of them have f1 skills! Billionaire dying in a plane crash? No billionaire can die falling from 1 mile in the sky, dying from disease? We all know billionaires are mutants that can't catch any diseases! You have hundreds of teenagers dying after falling from a building or electrocuted on a train taking selfies but now way a billionaire the same age would die trying to go on a late swimming after smoking pot all night.
Of course, that changes in Russia, where a lot commit suicide by stabbing themselves in the back 20 times after falling from the 5th floor of a two stories high building.

Did he? There is no indicator that he did so, this is just speculation!


No way in that case, if a stranger could access an address without the key then the whole notion of being your own bank will be useless.


Cough, Quadriga, cough...


It might be but recent events have shown us that almost all of those investment, financial advice, and so on crypto companies have literally zero funds in their won custody and all their clients funds are stuck either with big exchanges or other crypto lenders of CeFi platforms, as history has shown us.
And from their main page:


Where have I seen this before?
At this point, I really don't get why some still choose to risk 1005 of their coins for some 3-5% returns in a year with companies that have no physical presence in their country, that have no real assets, no insurance, just a 100sqm office which tomorrow is on the renting market and everyone and everything is gone.

https://www.businesstimes.com.sg/startups-tech/startups/crypto-trading-firm-amber-seeks-us100m-fresh-funding-flat-valuation


3 billion company, cutting jobs, seeking 100 million in funds, and not managing to get more than half, what could possible go wrong?

What positive news?
I'm quite curious about what you can define as positive at this point, Pizza Overlord accepting Bitcoin and some app allowing people to transfer bitcoins? An exchange having a partnership with some company or getting a license in some country?
Would those make people pour in 8 billion dollars that FTX managed to fuck up in a single move?
To see a bullish trend we need a bullish trend in the real economy, fortunately, enough inflation is peaking and the small hint about the FED not hiking rates that much next time already gives us a breather with the market reaction instantly, so if something good will happen it will do so because of outside factors.

This one didn't age well, let's see the November prediction harvest, maybe better wine!



Again with the positivity, like that would mean something.
We don't need positivity we need money, millions and billions to be thrown at the market, we need people to start purchasing a ton of bitcoins with real money and hold them, and might now as you can see in this trend there is no money flow happening because positivity alone is not a money printing machine.

Now, what sign do we have that those billions are going to enter the market this December? None!
Unless there is a major economic shift and we see a complete u-turn in all traditional markets from stocks to bonds to everything else there won't be anything more than another short-lived bounce.

Hihi, I remember all these posts:
- October has been bad for Bitcoin only in two years, always positive in double digits, we're going to have a huge bull run
- November has been positive for Bitcoin 6 to 3, expect a bull run, the last ATH was in November
 - And now it's December time, we had an ATH at that time in December 5 years ago, certainly bullish
The way some cherry-pick both data and memories is quite entertaining.


No, we don't know, what's stopping us? Actually, what's stopping you?


Common, just congratulate them for being that fast:
Post          Today at 09:36:15 AM
Merited at Today at 09:37:15 AM
Finding a topic, reading it and sending merit in exactly 60 seconds? Newbie of the year!!!

Your data shows around 180k Teslas, 16k Chevy, and 12k Leafs, just the top sellers.
2021 has these numbers:
390,814 Teslas, with Hyundai 5, Ford Mustang Mach-E , Audi e-tron, or Kia EV6 making more than 10k sales, cars that weren't even there on your list in 2019.

Not much hike?
https://www.iea.org/data-and-statistics/charts/global-sales-and-sales-market-share-of-electric-cars-2010-2021
 

Which part does "clearly" show this?

From company losses and then from the creditors that lost their money with the bankruptcy.

What people don't learn is that some jobs do require only a few hours and should now be tied to a mandatory number of hours worked, that's why most of the companies that enroll in this program are small companies mainly involved in marketing, design, and gaming. You have to complete a project in a month that takes you 40 hours of work, it's just a waste for that guy to stay in the office doing nothing, but it's an altogether different thing for almost any other kind of job.

You can't just have the workers in a store or in a hospital or police or any other kind of job that produce things continuously switch to a lower work schedule and be paid the same stuff, it would mean hiring an extra guy to cover for the days which is basically, just give the first worked a 25% raise and that's it.
Where would the money come from when in your business model nothing has happened?
I certainly doubt that having the guy at Tesco working 32 hours and not 40 would mean 10% more shoppers  


If the median is one laptop per hour and your employee will assemble only 32 per week instead of 40 but get paid the same amount, how is this not a problem?

So pull your money out of your bank and search for one that doesn't do this.

The whole narrative that the money is yours so the bank must accept everything you want to do with your money is simply too true, they have rules, if you don't like them don't use that bank, nobody is forcing you to keep your money there nobody is forcing you to use their service. The simple comparison would be with exchanges that don't allow you to buy some shitcoins, it's your BTC in that exchange that they don't allow you to buy craptoken69, why don't they allow you to withdraw funds to a different bank and name, it's your money, right?

Just ditch that bank and find another one, or stop using them altogether, wasn't that the whole thing about bitcoin?


Because Binance has managed to get itself in trouble with the FCA, so right now it's banned to conduct any financial activities in the UK.
Stick to RBS and Coinbase and use bank deposit, not credit/debit top-up.


And if that individual is picked up by the police for some different reason like money laundering guess whose name will be on the list of the people he has exchanged money with?  

I just know what others know, that they deny having any major exposure to FTX and others but there are a few problems with the narrative:
After their complete denial of having funds involved with FTX, seems like they had 200 million there:
https://twitter.com/ASvanevik/status/1589972490549612544
which "miraculously" they've withdrawn two days before the bankruptcy filing.

So do we trust what they are saying that all of their assets are fully collateralized and they have no exposure and no shady deals? They might be telling the truth, they might have a really good risk management team and a lot of information on everything that moves in the crypto world, or they could be just the next one to crash.

Also, even if everything is fine with nexo internally, even in their tweets they did say this:
https://twitter.com/Nexo/status/1597268229084225537

So at any point, they can end up with frozen or lost coins because of a third party, the risk is there and they know it!

Because right now there is nothing more toxic than Binance and CZ for the crypto environment?
He is the one spreading all kinds of lies about competition, he is sabotaging other exchanges, he is sabotaging Bitcoin itself by overcharging every withdrawal, promoting his BNB version of Bitcoin, spamming the network, and many many others.


Or, he knows he has no coins in case a coin run happens on Binance also so he tries scaring customers from other exchanges to move coins to Binance so he has the liquidity to deal with a possible panic since behind the picture he paints in the media and on social networks he runs the same fractional reserve that brought others down.
There is a senate hearing incoming after more and more have started questioning exchanges, their balances and policies and I'm pretty sure the one panicking right now is not Armstrong but CZ.

What you're suggesting is illegal in any normal country on this planet and would mean jail time for the one doing so, this is not a game of starcraft this is playing with people's money!


The only thing this guy is avoiding is playing by the rules, I'm not going to start again with the things he lied about but here is one small list of what he lied about his own exchange and this is not even the worse he did.


Then how about you start with revealing stuff about Binance since you like what CZ is doing that much?
First, where is Binance's headquarters and where are their offices?


Biased much?


Because despite the whole decentralization, no key point, no leader narrative most people want a leading figure, they want somebody here to act like the face of the business, somebody to represent their investment, that's why they clap for Saylor or Bukele or CZ, the other reason being that they are heavily invested in some shitcoin or BNB, that they keep their assets or trade on Binance like our dear OP.
Most can't accept being alone, they can't accept the environment to be made just of them, they have to find a platform, a wallet, something that will act like their bank to ease the burden, to give them confidence that someone more qualified is taking care of their assets. And a lot fall for all this #SAFU nonsense, all their lies, all the hype.
Not too judgemental about CZ? F### him!
Everyone should be allowed to be as judgemental as it wants, especially with the events lately.