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761  Economy / Economics / Re: Energy crisis? What energy crisis? Oil dips to 3 months low despite OPEC cuts! on: December 07, 2023, 12:08:03 PM
This topic seems to be more political, rather than related to economics. Unfortunately, global politics is really dominating the oil markets.

It's abut economics, but unfortunately economics are also influenced by some political decision's.
Funny as it might seems, ironically at the same time politics alone can't influence economics in the exact way you want.

I agree that the speculations about an energy crisis are just lies and propaganda, but a 80 USD oil price is still pretty high.

Brent was below $80 by the time I opened the topic already, and just yesterday WTI dropped below $70 for the fist time in 6 months.
https://www.cnbc.com/2023/12/06/us-crude-drops-below-70-per-barrel-gas-prices-fall-to-11-month-low.html
China imports slumped last month, US is hitting records in production, the driving season is over, the OPCE hopes of keeping it at $90 is just wishful thinking right now.

But let's get back to the topic. Especially OPEC+. The fact is that today, unlike past decades, OPEC+ members are not monopolists in the oil products market. Yes, they play an important role, but not an exclusive one. This is a nuance once. Nuance two. As you remember, past attempts to terrorize the oil market did not end very well. The problem is that by reducing oil production, and, accordingly, supplies to the foreign market, it is not always possible to reduce the price for a long period. What we are seeing now. This means that oil producing countries are losing not only from shortfalls but also from falling prices for the remaining sales volume. Considering that many OPEC+ countries are heavily dependent on oil sales, this results in a classic “shooting yourself in the foot.”

If they go on like this they end up cutting production to one barrel a day while earning $40 for it.
They've always underestimated what others can produce and always thought that everyone is going to obey the cuts while everyone was instead making efforts to not do it in reality and just pump more, thy fail to understand that to keep prices up and keep other countries production low at the same time is impossible.
762  Economy / Service Discussion / Re: Mixers - Are we the product? on: December 06, 2023, 05:17:35 AM
Pretty bold to admit connecting exchange accounts to a mixer publicly 😅 I wouldn't do that based how cases for accused darknet market users (that the use of a mixer makes you adjacent to) have been tried in court.

Why is that a bold move?
Do you know my name, my account on that exchange, the amount I sent and from where, and even if you where to find out that, why would the exchange do anything about it?
Are the 4 guys that sent their coins from Sinbad directly to Binance on death row awaiting their execution or am I missing something?


Seriously though, let's not for a second pretend that mixers are actually untraceable. With pretty simple checks they can be identified and many have had their accounts limited on platforms for depositing with a mixer.

Why call it pretending when there are numerous cases proving the opposite, it's not just me doing this, there are a few others of my CM colleagues that have done the same, I won't quote them here but a simple search would show you enough examples.
763  Economy / Service Discussion / Re: Mixers - Are we the product? on: December 06, 2023, 04:41:59 AM
I can't be the only one.

Yes you are!

Instead, an illusion of privacy was promoted to clearnet users (that's us here in bitcointalk), while in fact our "cleaner" funds were used to bail out real criminals and terrorists. Because to a mixer, a clean bitcoin, is worth more than market value, so they were willing to overpay for it in the form of advertising. Come to think of it, the recent bust of Sinbad served as a reminder that mixers are in fact very traceable.

No illusion, I've sent by mistake and then just out of pure curiosity coins mixed from CM directly to two exchanges, it's been two years thousands in and out and not even one email or anything, and one of those exchnges is probably the most draconian one when it comes to KYC. Same for my currently advertised mixer, sent a batch to Binance, 3 months and nothing..

What's the point then, of using a mixer, when your funds can be traced so easily? Do its methods of mixing really work, or could it be that this is intended functionality for someone to get the short end of the stick?

First, the funds weren't mixed!
The authorities traced Sinbad to this forum and labeled the two addresses mentioned in the topic as being owned by Sinbad when in fact they were the campaign payment addresses. Some used for payments not their own wallet but Binance direct address, so ...like how hard was to trace that?

So again, there was no mixing whatsoever involved at any step!!
764  Bitcoin / Mining speculation / Re: 2023 Diff thread now opened. on: December 05, 2023, 08:42:12 PM
So finally for a while keeping above 100% and starting to get some lead

Quote
Current Pace:   100.9575%  (1432 / 1418.42 expected, 13.58 ahead)

We might snatch another positive adjustment, and with the price seemingly unstoppable I don't really know if we're going to hit a negative till the halving.
Not only is the price up but due to possible FOMO I guess fees are again up, over 200sat/vb constantly, last blocks
‎2.674
‎2.504
‎2.823

9 btc for a block at $43k, close to $400k
back two and a half months ago, under 200k per block.
So, simple math says 800 exahash in sight?  Grin

ps
No I'm not doing the nuclear reactors thing as probably I would get a headache seeing how much would be needed!
765  Bitcoin / Bitcoin Discussion / Re: Investing in Bitcoins with Masonry Earnings. on: December 05, 2023, 05:26:06 PM
Your story is totally fake and your post history doesn't look like you are a noob in crypto and this forum I think you have more alts I will find them soon.  The purpose of your making up such a false story is to get merit because earlier such stories have been given merit.  But since you have painstakingly created such a story, as a reward I am giving you a natural trust considered as a shitposter and part of a spammer.

Hihi, I wonder why everyone went to the history to check if it makes sense or not, btw kudos for doing it but ignoring this thing:

Quote
I took a job in a garment company and worked there for two years.
I was dismissed from that garment company as I had no work experience.

Somebody please tell me how you get to work in a company for two years and then they lay you off because you have no experience in your job you have been been doing for 2 years in the same company? How the hell is this thing even possible, I get you been kicked out for not doing your jo, for the company going under, for other stuff, but for this? But a little more effort next time, really!

Everyone uses the bitcoin differently: for some it is the road to wealth, and for others it is the road out of poverty.
Everyone invests in a bitcoin based on their capabilities. There is little honor in reproaching others for such modest investments.
This is quite enough to get started. OP doesn't claim that this will be his first and last investment in the ditcoin. If he does this every day, then in just 1 month the investment will be ~$150, and in a year - already ~$1800. Even if he double or triple this amount of money over, say, 5 years, this will already be a good indicator.

You missed the part where he earns $5 a day, working day, so that's about $100 a month earnings!
Now redo that whole thing from 5$ a month net investment, $60 a year and do tell me how will that work out even with a tripling in Bitcoin price, as it will just men he got a 13 monthly wage instead of just 12.
766  Bitcoin / Project Development / Re: Invitation to Collaborate on a Breakthrough Project on: December 05, 2023, 05:15:12 PM
Recently, I've made a significant breakthrough in digital security, specifically in recovering access to lost or stolen Bitcoin and cryptocurrency accounts.

Yeah of course!

To put my discovery into practice, I require a high-performance computer, far more advanced than my current equipment, a laptop with a 4060GTX. This is where I seek your support. I propose a community-funded initiative to acquire this necessary technology.

And you need a 4060GTX for that, you couldn't settle for a older card, you need a brand new one cause...

Waiting Period: Without the necessary equipment, I'm unable to offer these services, delaying potential recovery of your accounts.

How about this, you try with your older equipment, no matter how long it takes one recovery for a member here on the forum with enough reputation, so we would know this thing is legit before handing you money? Deal?

To maintain the integrity of this service, I will require a government-issued ID from potential clients to ensure that I'm assisting the rightful owners of the accounts.

So now we have to hand you also our documents, to a complete stranger on the internet who isn't even allowed to have them lawfully in the first place.

Ampount needed is $10,000 min for the computer

And from $500 card we're up to $10000.
767  Economy / Economics / Re: Venezuela vs Guyana. A new problem in the oil market ? on: December 05, 2023, 04:43:21 PM
I am from Venezuela, relatively close to the territory in dispute, also.
~
I personally I can assure you there has been people forced to vote today, under the threat of behind fired out their public jobs.
If anyone here has a question, I will try to reply.

So if a guy with AK comes to your door hands you some recruitment papers and orders you to march to free the motherland territory occupied by the evil capitalist, what are you going to do? Honest question, not joking, some thought in 2021 that was a joke, many are not able to laugh no more now.

Guyana produces about 380,000 barrels per day (bpd)  which is not big enough to distort the global oil market. OPEC+ could just increase the supply quota of member states to cover up the shortages that might be caused by this conflict. I am sure that few oil producing nations can cover up these shortages without many problems which might lead to fewer economic consequences.

Far more complicated that this:
- That oil production is the current one, not what's expected to be in two there years
- Venezuela doesn't have the technology to explore that oil, but if they take over now it's almost everything in place, they would nationalize everything and got brand new equipment ready to pump and drill
- Venezuela just saw a window of opportunity that allowed them to sell oil as Russia was punished, now if another country with no real political problems can take that role, they are back to square one, so better get rid of this future problem

Also, politically trying to pull a Falkland, but we know how that ended.





768  Economy / Economics / Energy crisis? What energy crisis? Oil dips to 3 months low despite OPEC cuts! on: December 05, 2023, 04:20:01 PM
For sure you have seen doomsday topics about impeding energy crises, one after the other (of course censored discussions as usual for propganda bullshit) all that crap about new world order, the mighty Iranian power, how the US is doomed, how bla bla bla...

Now since our basij is censoring all actual info in his delusional topics like:
Energy Crisis 2.0 in the New World Order era
Is energy prices about to shoot up?

Let's stop a bit talking about fairy tales in which Iran is  superpower or something like that and talk about FACTS!
You know, that shit that brings propaganda to a halt usually!

And a FACT is THIS:

Despite all that madness in the middle east, despite OPEC trying to cut 2 milllion barrels of oil of production the price goes down. And why is that?

Let's  go step by step and debunk all that propaganda:
First the oil consumption!

This is actual the funny stuff, you know, when you take a bad situation for somebody and then you ignore completely the implications of that.
So propaganda will tell you everything about Europe freezing, not affording fuel, 1860% of the business closing, industry production going down by 900%, mathematically impossible stuff like that but at the same time, they completely ignore that if that would happen, then there would be no demand for oil, right?

And that is indeed happening, but in China, as China manufacturing has contracted this year in 9 months out of 11, and all the oil they've bought is  sitting there with no use in sight and a further 4% is predicted for 2024
https://www.reuters.com/business/energy/china-oil-demand-growth-poised-slow-around-4-h1-2024-analysts-2023-11-23/

The other drawback is that countries hit by high inflation will of course not consume that much, you can't have a country that deals with 50-70% annual inflation increase its oil consumption, so the rest of the world can't really take anything that China is not buying at all.

Oil production
Another painful chapter for OPEC and other countries

US has hit a new oil production record:
https://www.axios.com/2023/12/05/us-oil-production-record

Canada is doing the same:
Canada steps up pace of oil production growth, seen rising 8% in two years

And so do other countries, from Norway to Angola, which brings us to the main problem OPEC, which is that some countries are tired of it.
https://www.reuters.com/markets/commodities/canada-steps-up-pace-oil-production-growth-seen-rising-8-two-years-2023-08-23/

In short, African producers are not interested in what's happening in the middle east, seeing this as chance to replace their unreliable costumers with Europeans ones they are not having a thought of reducing oil production when they could earn a ton more selling how much they can. Even Brazil, complete defiant has said that they plan on observing OPEC, but they will never do a production cut, as they plan to ramp production in 5 years by 1.7 million barrels.
Lula says Brazil never to be full member of OPEC+, only observer

The war issue

What Iranian propaganda tells us is that when the war starts they will...do that and that

1) Iran doesn't have the balls to cut the Hormuz straight!
- Israel just martyred two Iranian generals, have you heard any reaction from Iran? Of course not because they know if they try to do something stupid it's operation praying Mantis again, in which in 2 hours Iran lost half of its naval fleet!

2) No other country in interested in going to war for this, just look at everyone watching from the side as they don't really care about others since, they might hate the US but they hate each other way more than that

World war 3 , new world order and other bs

When some delusional folks where drawing maps how they would cut all the Suez channel traffic they forgot a few things

1) The most hit in this is China who depends on exports to North America and Europe on that route, you see China saying , please close the canal, we don't need exports as we will be happy to see our already shrinking manufacture go boom completely?
And also, this is China, remember how China has solved the Uyghur problem?
2) The other regional power there is India, with Modi being one of the first presidents to call Hamas a terrorist's organization and with his radical views on Muslims, how do you think this will enfold if you cut one of their way of comerce?
3) Egypt, do you honestly see Egypt closing the channel and not doing anything about it because of Palestinians?
Egypt is the one country that has poured sewage, yeah, that's shit in Hamas tunnels, drowning hundreds like that, its the country that depends on the money from the canal, it's the country that whose leaders hate Hamas because of their affiliation with the Muslim brotherhood, do you them taking that approach? Of course no!

So, to draw a conclusion:
- countries that would be affected by the this fairytale scenario : all of NATO, Japan, Australia, South Korea, Vietnam, China, India and Egypt
- countries that dream of it: Iran...
Who would win?  
4 billions against 100 million, 60 trillion economies versus a 300 billion one!

But you know who the real loser is in this situation? And this is the real sad part and a classic story of pure betrayal!
The ones that were promised backing to gain independence and when shit hit th fan they were thrown to the dogs, while Iranian and other middle east countries boast about their support for Palestine, nobody is doing a thing, not a single one, all they do is chant support while not doing one thing! And I'm not going to even think of considering 10 trucks of food doing something, that's less that our hyperstore gets on a regular day, rather than help I would call that sadism.

Friendly reminder that is is not a censored topic, as it's always a pleasure to discuss FACTS!  Cheesy
769  Economy / Service Discussion / Re: New transaction accelerator on the market - mempool.space on: December 04, 2023, 01:40:19 PM
The acceleration service is have used is viabtc for free it works perfectly for me but that is only when your transaction fee is less than 40 sat/byte it was share in our local board by @Charles-Tim.

Less? It works fine as long as it's above 10sat/b (not vbytes), you can accelerate even a tx that is 100sat/b if you are bored and have nothing to do for 10 minutes.

The issue is, there's currently no user here in Bitcointalk that reported their experience with mempool.space's accelerator.
It would be great to have some legitimate feedbacks.
AFAIK, their accelerator isn't fully open to the public yet [the feature in question is there, but as soon as you create and verify your account, they'll put you on a waitlist (almost one week and counting...) and that means you can't even top up your account (unfortunately)].

I hope they add LN payments for that, the whole thing is a bit messy for those accelerators,  if you can't send or receive money because you paid a low fee and now you need to pay a higher fee to get a payment though to get that previous one confirmed it turns to funny situations like this one:

Imagine you have some hosted wallet on an exchange, the dumb mofos send your withdrawal to your wallet with 10sat/b and now you need to accelerate it, you only have BTC there so you make another payment to mempool.space but again, the idiots send the tx with 10sat/b. So you need to accelerate the tx that should have paid for the acceleration  Grin Grin


770  Economy / Scam Accusations / Re: Btcaccelerator.info - fake transaction accelerator on: December 04, 2023, 01:30:08 PM
Design of Yahoo's website isn't that bad. Meanwhile this website use various color for it's text (yellow, orange, green, grey in a page) which may hurt one's eye.

My bad, just mentioned Yahoo when I was thinking of the free pages at the now dead and buried Yahoo Geocities!
Oh and thx for reminding me of the archive, don't know what I was thinking linking directly to his profile.


771  Economy / Trading Discussion / Re: If there is a war between the US and Europe, Bitcoin will hit $1 billion on: December 04, 2023, 12:48:49 PM
Most of the world's banks, whether big or small, are located in the US and Europe, In case of war, all banks will be closed, Which will immediately benefit Bitcoin,

Oh yeah!
Once all banks are closed people will rush to buy Bitcoin with...what?
Reminds me of that Cyprus crisis when people who had their accounts frozen where supposed to use that money to buy BTC!

But seriously 1 billions people at war, 50% of the world GDP at risk and you think magically 18 trillions will fly into BTC?
How delusional can some be?

This will have a huge impact on Bitcoin as there will be no other source for cross-border transactions.

With countries at war bombing and killings each other, why would you want to send money to the other side?
How many users use bitcoin to
- send money from Ukraine to Russia?
- send money from Israel to Iran?
Bitcoin touches a new high price and suddenly people are having a field day smoking whatever fails in their hand, even if it's lead paint.
772  Bitcoin / Mining / Re: Are online miner stores on asicminervalue.com trustworthy? on: December 04, 2023, 12:39:52 PM
What I wanted to know from you guys is how trustworthy are these retailers listed there?

The whole list? Probably you will find a scam or two for sure in there, and when I mean scam I will say selective scamming, you have 5 customers with no problem and you have one that didn't receive a thing, making a 20% profit on 6 sales is pretty lucrative.
Their requirements to list something are pretty minimal and they don't even care about bad feedback, so most of those listed there are pretty sketchy.

Go for the manufacturer directly, if it's one of those MQO deals from Bitmain and you want just a machine try a seller with escrow here, there are a few sellers with reputation that won't risk their whole business for a $3k deal.

773  Bitcoin / Mining / Re: Iris Energy buys 7000 new Bitmain T21 Bitcoin miners on: December 03, 2023, 07:17:23 PM
Why do you think that the new Mayers are at a loss?
From the cost of 8-12 thousand dollars per bitcoin on ASICs 17-19 series of Bitmain. After the halving, the cost of Bitcoin mining will increase,

Oh god! It's not the cost that will increase , it's the revenue per th/s that goes down!
It will cost you the same to run your machine, it's just that your machine will be earning less.
And don't even get me started on the math, because if you earn 100$ for $80 spent, a doubling in cost makes you lose $60, a having in revenue makes you lose $30, and this is just raw example not accounting caring for running and fixed costs, taxes, deductions and so on.


The way I see it, it only shows how easy it is to gamble with money that isn't yours  (investors' money), back in the day when the Chinese miners were dominating, you could always sense some rational movements in the hashrate, probably because it was the miner's own money, nowadays where the U.S is the largest mining hub, things just don't make much sense anymore.

I tried to make something out of their release but no, too much of a headacke:
https://irisenergy.gcs-web.com/news-releases/news-release-details/iris-energy-announces-monthly-investor-update-august-2023
Negative realized electricity costs of ~US$0.08/kWh3
https://irisenergy.gcs-web.com/news-releases/news-release-details/iris-energy-announces-monthly-investor-update-september-2023
1.4c power at Childress since inception3
Company was effectively paid ~$28k per Bitcoin to take power at Childress and generated a further ~$28k per Bitcoin in mining revenue (i.e. ~$56k mining profit4 per Bitcoin at Childress)4

Quote
3 The Company’s Childress site generated ~US$948k of power sales in September (~36 Bitcoin equivalent), which represents unaudited power credits (primarily driven by voluntary curtailment) under hedge contracts (based on current meter data and ERCOT real-time prices) and are reflected within the electricity costs. Figures are based on current internal estimates and exclude REC purchases.
4 Reflects average all-in power price achieved at Childress between May 2023 and August 2023 (based on monthly electricity invoices received as well as internal estimates). Excludes April 2023 as this represented a partial period (reflecting initial ramp-up in operations). Excludes costs of purchasing RECs. Includes basis costs, ERCOT, retail and network fees, net of estimated power credits. There is no guarantee similar power credits will be achieved at Childress in the future (or at all). Includes internally estimated value of current enrolment in ERCOT’s Emergency Response Service program (“ERS”) for the period between June 2023 and August 2023 (based on actual observed ERS clearing prices during the period). Childress has not yet received any ERS benefit and there is no guarantee it may receive any benefit (e.g. due to unsuccessful participation) and ERCOT has not confirmed the value of the ERS benefit under the current enrolment (if any). Includes internally estimated value from load reduction to reduce four coincident peak (“4CP”) transmission network charges. Childress is not eligible to receive the 4CP benefit in its first calendar year of operations (2023), however it is currently anticipated Childress may be eligible to receive the benefit from the start of 2024. The internally estimated value of the benefit is based on actual 4CP peak demand at Childress between June 2023 and August 2023 and internally estimated 4CP peak demand for September 2023. Childress has not yet received any 4CP benefit and there is no guarantee it will receive any benefit (e.g. due to unsuccessful participation) and AEP has not confirmed the value of any 4CP benefit to date (if any). The actual all-in-power price achieved at Childress
 may differ materially in the future, including due to energy market volatility and seasonal factors (noting the site has only operated since April 2023).

Like yeah, free cookies for anyone who will not bang his head agaisnt the wall after reading this

But , they do seem to have enough money for
Quote
C$94,000 awarded to 11 non-profit organizations
C$59,000 awarded to 10 non-profit organizations

Pretty easy to mine and be generous, when it's raining free money!
774  Bitcoin / Pools / Re: Eligius pool is back under the new name Ocean on: December 03, 2023, 06:54:39 PM
Look at the stats for the provided transaction:

‎Size          19.99 kB
Virtual size ‎5.07 kvB

75% discount means the one making the inscription actually pays for what can count as an acceptable optimal fee transaction on the Virtual size instead of the actual space it takes.

No it doesn't mean that!
To have a 75% discount he would need to pay less per sat/vb than the others by 75%, which is not happening.

People sending 1 billion BTC in a tx don't have a discount on those that send half a coin.
People that cram 100 t-shirts in their luggage don't have a discount over the guy who puts in their already inflated sex doll.

At a time of high transaction congestion, a block template that made space by excluding ordinals to replace them with many more smaller transactions, would likely get similar or perhaps even higher fee rewards.

Hihi, please to elaborate how
-replacing a tx of 5kvb that pays 50sat/vb would fetch more than 10 tx of 0.5kwb paying 45sat/vb
-also, how in name of god would a tx that pays more in fees not be already included in a block before of an ordinal that pays less per sat/vb

Surely plenty of miners would probably be on board in creating block templates that would not include Ordinal transactions.
Ya, good luck finding miners who would leave money on the table.
~
It does not, this is what I have been trying to explain all along, this is the mining section where most people are miners who pay bills and invest a lot of money, the majority could not care less if you are transacting btc to buy coffee or to upload some stupid worthless Jpeg.

I'm pretty sure that the guys who told us we need to keep nodes requirement as small as possible to run on every computer as cheaply as possible are going to start saying we need each bitcoiner to host some 10kw $20k machines in their bedroom for the sake of decentralization. 
Everything around the forum lately is just popcorn material! Oh, sorry, fudgeee! Grin
775  Economy / Exchanges / Re: Goodbye Philippines for Binance. on: December 03, 2023, 03:00:44 PM
This is common to crypto exchanges and not only Binance. They only registered in developed nations like United States, Canada and EU. They do not registered in Africa countries and countries in Asia and they are providing crypto services in the countries they are not registered.

No, they tried to register!
They failed and had to fled a lot of countries well before Philippines because they found out their business practice will never get a not from any country that cares about laws. So, quite ironically they will keep on operating exactly in Asia and Africa because nobody gives a crap there about laws anyhow, and if they do make some laws nobody will enforce them

Lately, I have began to understand the level of smartness (maybe unnecessary), that CZ played to gain so much popularity for his Binance.

You mean lying, bribing, offering pennies to ass kissers, portraying himself as some savior and promising to make everyone rich while actually making money while robbing them, being a total piece of shit that attacked Bitcoin, tried to promote his centralized shit at the expense of decentralized coins and made a joke of gullible idiots who believed his #safu crap?
776  Economy / Economics / Re: Flash Mob Theft -> closure of brick and mortar stores -it's economic impact? on: December 03, 2023, 02:39:40 PM
Hey guys, I wanted to get a discussion going on something that is effecting our economy here in the United States in a very big way, and that's this new "practice" of "flash mob' theft.  Here in the US we are having a serious issue where in person stores such as shopping malls, clothing stores, jewelry stores etc are under siege from mainly teenagers/young adults who gather in large groups, wear unidentifiable clothing, often masks, and run in to stores overwhelming workers, stealing items and running out. 

And despite that FedEx and ups will still leave your $1000 packet on the porch with every single passerby being able to just garb it and run with it.
I will never understand how you can have crimes that close to never happen in Europe and at the same time have some habits that would never work here, not even mentioning the whole thing about fences...

And at the same time people in the US are shocked by this:
https://www.businessinsider.com/safeway-stores-add-receipt-scanning-security-gates-to-self-checkout-2023-7
FML, I don't even remember if a superstore or hypermarket down here ever ran without having a security gate at the exit
 
777  Economy / Trading Discussion / Re: Free listing on the world's largest mining currency exchange on: December 03, 2023, 02:05:52 PM
26 in coinmarketcap.  Roll Eyes according to CMC---> https://coinmarketcap.com/exchanges/citex/ (Reserve data unavailable)

Funny how the volumes change by the site reporting it
CMC has $646,667,614.58
Coingecko is showing $198,137,712

Lots of manipulation probably there as usual.

OP, or should I say paid promoter, wtf is this: "largest mining currency exchange"?



778  Economy / Gambling discussion / Re: Why is horse racing so unpopular here and a bit of extra feedback on: December 03, 2023, 01:38:16 PM
Wow, surprised this is still going...
Completely disappointed than 99% show total lack of knowledge about this stuff but somehow they feel like they hold the absolute truth!
I could make a ignore list here to crash the server but ...whatever

horse racing does not have the turnover bets that other sports have.
bet the one in the first race and you are done till the first race ends.

bet a basket ball game.
~
so one game can have many many many complex angles to the betting.
I think this hurts horse racing. As the two or three minute race does not command you time like a two hour basketball game does.

Yeah Phil, that's one of the drawbacks but at the same time it's the entreating thing, with basket in your example by the 60 minutes you're done watching and are scrolling back and forth to see how to make an insurance bet, what options you still have left and so on, with racing you're favorite has a 20 lengths lead and it drops the jockey and you've lost on year of heartbeats that moment I call that thrilling!

Two days ago the favorite Shishkin refused to race, I was backing the other one and when I saw him planted at the start I was going hurray, victory and then I was screaming move just a bit , move you damn stupid horse so for him to be declared a runner! It's moment like this I enjoy in racing!

In my country, horse racing betting is still one of the most popular forms of gambling.

Wow, impressed there are still some who say that /s
With countries like Australia, Japan, Singapore, Hong Kong, Saudi Arabia,  France, UK, Ireland, Canada USA having million worth of races all year around quite interesting no one knows about . Argentina had a 300,000 races just a few weeks ago but ...damn!
Feels like this whole board is concentrated in the 3-4 countries that don't have horse racing.

As someone who has been interested in horse racing from the owner part of things (I am not a horse owner, I just spent time with some of them) I can tell you that it hasn't been all that interesting any part of the world.

Churchill, Kentucky and Santa Anita have smashed record attendance this year, racing post topped 10 million viewers....what ae you talking about?

I don't know in what region of the world where you currently are, but you're wrong. The global Horse Racing market is actually still growing and expected to almost double in size in the U.S. market by 2030. DYOR, for more information.

The leading countries with growing Horse Racing markets are Japan, the U.S.A., Hong Kong, Australia, and France. I believe in the forum, it's not that popular because no one actually has done the research on strategies and how to actually pick winners. Perhaps we should start?

 Cool

Not going to happen.
People here are more keen on throwing 4 lines of text and call it it gambling discussion not actually betting.
I offered a fee competition with 1 mbtc just to pick the winning horse from races on a festival, attendance...zero!
Probably it involved looking at what horses ran and then posting the name, too much trouble when you can rephrase the comment above for $3, right?


779  Bitcoin / Bitcoin Discussion / Re: Will you sell your bitcoin to blackrock? on: December 03, 2023, 01:12:24 PM
Imagine a situation where you own a house and a piece of land it's built on. You estimated the value of the whole thing to be $500k. One day someone knocks on your door and offers you $2m all of a sudden. Will you sell or suspect they know more than you? Maybe there's an oil deposit underneath your house? Maybe there's geothermal energy source? Maybe an international company has plans to build a facility nearby and will need your land for whatever price?

Your analogy has a huge flaw. Bitcoin is fungible, houses are not. Like you pointed out, there can be reasons why a house could be worth many times more than the house next door. But bitcoins are worth the same as any other bitcoin, if you ignore that ordinals nonsense.

There is no way anyone will offer to buy coins for higher than the market prices. They will just go on the market and buy as much as they want there.

I'm wondering why isn't anyone using logic before coming with such crazy ideas!
Blackrock is not after satoshi number 349873311 and satoshi 28362731 they will buy from the guy that offers the best price, as long as the owners of 20999998 bitcoins will offer a price better than your coin Black rock will not give you one penny extra.

Who cares about estimate value here?
I could say my car will be worth 2 millions in 2200, but if my neighbor sales the same model with same mileage for $15000 that's what is worth now.

If it were me, I would refuse to sell this property right now, even though they offered a very high price compared to its real value.
~
Second, I doubt the buyer knows anything that I don't. Maybe there's a valuable natural resource lying under my land, or maybe a company plans to build a facility nearby and needs my land. If I were to sell this property, I would probably be Hatred after learning the real reason behind the buyer's offer.

And the moment you end up with a megamall or a 300m tall tower right next to you with traffic that you cant even get out of your garage, noise from 6AM to 22PM and because of the new position nobody interested in your property and see it dwindle to 10% of the value and impossible to live in you're going to kick yourself in the balls forever!
I know a guy that didn't want to sell his land for a block of flats but his neighbors did so and now there are 22 levels tower there and the new building code allows him to build only one level high now, so who's going to pay for a house which is 10 meters away from  60 meters tall tower and 5 meters away from double line road full of traffic?

780  Economy / Scam Accusations / Re: Btcaccelerator.info - fake transaction accelerator on: December 03, 2023, 12:46:12 PM
All "bitcoin accelerators" that were not offered by any mining pool is obviously scam. What i know about accelerators offered by mining pool are viabtc, antpool (free), and btc.com, but unfortunately the two of them stop their service.

There are two more legit ones but of course paid, Binance as it owns a pool and mempool.space as it has a deal with foundry.

They want people to pay $1067 for instant priority. Lmao.

With instant being between instant and one hour, with just yesterday a block taking more than 70 minutes to be mined you can see why only a noob or a scammer will use time instead of blocks when advertising this.

People said there is no evidence that they are scam, but definitely they are scam, including the here one that you have justed posted here. They are all scam.

I just hate this whole thing that is right now spreading though the forum where you must have complete evidence and there must be a victim who will dox himself, prove ownership of funds, prove the funds where received by the scammer and before anyone would have the right to accuse that guy must also KYC himself and send a sperm and blood sample to the jurors.
We've reached a a point where someone trying to sell a bridge from Cape Town to Tokyo for 2 BTC is not a scammer till somebody actually buys it!
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