It took less than 3 months in 2017 i to reach 20K starting below 4K. And then everyone knew CME and CBOE won't buy actual bitcoins. Now it is different. It is hard to predict what will happen in the next few months. It depends how quickly the main ETF buyers will adapt to the new opportunity to buy bitcoin ETF's. May be there will be a rush, may be not. And may be some will be dissapointed by the slow start and dump their coins. But in the long run the supply shock will make the difference of course.
There should be no illusion. Bitcoin ETFs are made to control bitcoin price, not promote bitcoin. The world bank oligopoly will try to control bitcoin price just like they control gold price. It'll be done either by naked short sales of paper bitcoins (contracts) or by derivatives based on endless re-hypothecation of the existing bitcoins. They will have success as long as they have unlimited access to the US$ printing press and as long as US$ still hold some value. Fortunately, US$ value is evaporating fast and the end of the road for the world fiat system based on US$ is in site. We need just 2-3 years to hit it. Lets hope people all over the world will be wise enough to not give any chance to the US warmongers to wage a war big enough so that the bankrupted financial elites can burn the accounting books. Live your life, care about your loved ones, and a Happy New Year! |
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"effective immediately, all bloXroute relays will reject block bids if they contain OFAC transactions (Tx which interact with addresses appearing on the OFAC SDN list)
We remain committed to supporting ETH decentralized and permissionless nature...
Are you kidding? |
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You mentioned that it's a "clear pattern", are there a lot of transactions that has that same behavior?
Go to https://mempool.space/rbf and you'll see this pattern. Every tx that has replacement intervals about 40 seconds is the same kind of tx. In time of fee spikes these txs are more than 50% of all rbf txs. |
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But I'm not sure if the fee of the replaced transactions that a node relayed wont be removed from its "bucket" and if those will still be counted to its fee estimation after the last replacement is confirmed though.
This is the final replacement that got finally confirmed: https://mempool.space/tx/b5fe2c4891cba365c0863b8645a7e7a4c7e7191804508f4549f870be6012102fI've counted more than 30 replacements of the original tx that were done within 40 seconds intervals on average. This kind of txs have only one input and only one output. This is why they are cheap since their size is ~109 vB. There are many of them and increase in their number coincides with tx fee spikes. Looks like this is a job of a mining cartel as it tricks Bitcoin Core's fee estimation algorithm. |
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Not a surprise. We all know discussion on raising US debt ceiling is just Kabuki theater. Debt ceiling will be raised and raised and raised until $ goes down in flames. |
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BCH 3 days till the biggest upgrade in its history.
Nobody is using this coin. Blocks are empty and it is generally dead. |
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Berners-Lee invented the World Wide Web (http/html) not the internet. The Americans Vint Cerf and Bob Kahn invented tcp/ip, the basis of the internet. Tim Berners-Lee, a British scientist, invented the World Wide Web (WWW) in 1989, while working at CERN. The web was originally conceived and developed to meet the demand for automated information-sharing between scientists in universities and institutes around the world. https://home.cern/news/opinion/computing/internet-prehistory-cernOnly TCP (not IP) was invented by Americans. Everything else like web server, web browser, HTML was invented by Tim Berners-Lee.  What you use today, as Internet, was invented in CERN. Error 404 - not found, is actually inherited from CERN days of the Internet. Room number 404 in CERN was the place where all unsorted documents were directed to. So, please stop posting nonsense about Al Gore! |
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Berners-Lee invented the World Wide Web (http/html) not the internet. The Americans Vint Cerf and Bob Kahn invented tcp/ip, the basis of the internet. Tim Berners-Lee, a British scientist, invented the World Wide Web (WWW) in 1989, while working at CERN. The web was originally conceived and developed to meet the demand for automated information-sharing between scientists in universities and institutes around the world. https://home.cern/news/opinion/computing/internet-prehistory-cernOnly TCP (not IP) was invented by Americans. Everything else like web server, web browser, HTML was invented by Tim Berners-Lee. |
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I'm also tired of Bitcoin controlling the way every crypto blows.
Get used to it. |
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FRB drama unfolding.
*FIRST REPUBLIC UPDATE
Sources : First Republic auction underway…A deal is expected to be announced on tonight before Asian open, with the regulator likely to say that it had seized the lender…6 banks (were asked to?) bid…PNC cautiously seen as lead contender as 2 serious rival bidders (JPM, BofA) need US Treas to waive so-called deposit cap (both hold more than 10% of US deposits)
Note to self: quote this message when JPM buys PNC
Hail to JPM! JPMorgan today announced it has acquired the substantial majority of assets and assumed the deposits and certain other liabilities of First Republic Bank from the FDIC Sure. The rest is acquired by the suckers tax payers. Hail to tax payers! More to come... |
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Bitcoin is not a currency. It's just a highly speculative asset with a fundamental value of zero.  sourceWrong… I first started using Bitcoin as a currency almost 10 years ago. Everyone on this thread already knows that noob …😂 Bitcoin is not a currency. Bitcoin is money. Purchasing bitcoins is not investment. It is disinvestment because economic environment is too unpredictable. |
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Why? I need your leveraged bitcoins! |
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I would prefer the situation being less frenetic....banks slowly declining over long period of time and bitcoin rising would be my preference.
Slow decline is not possible. As Max Keiser observes, "You can't taper a Ponzi scheme." You can only turn off the tap and let it collapse, or watch the parasite consume its food source and perish of its own accord. |
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Honestly all the Groundbreaking stuff and Inventions and all the good stuff made and used is Created in Europe or USA or Canada. So if UAE decides to do something with coins and blockchain it literally means nothing.
Good stuff and inventions are made all around the world and then are stolen by the US and their closest satellites. Now this is changing. Fast. Russia is putting an end to the neocolonial world order. |
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For HWs I think a good randomness generator provided with sufficient entropy, no closed source secure element, and airgap signing is important ... and if possible use your own validating node.
And a Faraday bag or box to shield against electromagnetic impulses if used in the war between the US and the RF in Ukraine. |
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You can choose your friends but unfortunately not your family.
You mean if your grandpa and grandma are Russians but you were raised in school as ukronazi hating Russia? |
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Finally an inflation report comes out that basically says the inflation last year WAS due to supply shocks caused by a 2+ year lockdown and general stupidity and was NOT some sort of systemic thing that would be around forever.
It is not general stupidity. It is a blatant crime. Inflation is due to supply shock of newly printed money. For 2 years the crime syndicate of central banks printed tenths of trillions of fiat money. Covid pLandemic was just a cover up to commit the crime. |
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Wait until x10... and +150K. |
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