If he didn't lose anything it means that although he was shilling for SBF he was smart enough to hold his investment out of FTX. Sharks like O'leary only act surprised like they didn't know what was going on and lost money. A real believer would've taken 15 mill from SBF, put it all in crypto and held the coins on FTX but a smart guy who did his research would reinvest elsewhere.
I hope people finally learn and nobody trusts O'leary and people like him from now on. There are no angels. Vitalik sold a lot of ETH last year, Musk sold bitcoins and Tesla shares... These guys are not our friends.

The most generous billionaire FFS 

It's funny how players ignore the odds and think their chance of winning is much higher than it really is... until they see the numbers right in front of them. I'm a skeptic and I don't play the lottery but if you would've asked me what my chance of winning the grand prize is I'd say 1 in a million when in reality it's more like 1 in 10 million. Once you're really faced with the numbers and realize you often lose in dice when you have 49%, you start realizing that you'll never get anything out of this, that it's a waste of time and money.

Your IP can be gidden with the use of VPN and the IP is by no means your identity. Many people access the Internet in public places and the only way to get to them is by running 24/7 surveillance of the place and hoping he comes back and opens the same site, like they did with Ross.
Even if you access the site with no VPN and from your home the agency that wants to find you would have to write to the court to order your provider to give them your name and it still isn't going to be YOUR name but the name of a person who pays the Internet bill. If you live in a dorm it's going to be someone who manages the place. If you share an apartment with a few people it's going to be one of them.

Dana is still into combat sports, just not into the ones we used to associate him with. You know Dana, the mixed world in MMA doesn't mean men get put in fights with women
What do you think? Should he resign?

Dana White was filmed slapping his wife in the face during a New Year's Eve row
He has apologized, but comments from 2014 have now come back to haunt him
He said you could 'never bounce back from putting your hands on a woman'

https://www.dailymail.co.uk/sport/mma/article-11593775/White-said-dont-bounce-hitting-woman-stay-UFC-chief-wife-slap.html

It's not stressful if you enjoy the sport and don't bet too much. I find that watching a game with friends where you all share a bet can be a great way to have some fun. If we don't agree on a bet we sometimes bet directly against each other and put the money in a cup or something. Honestly, sports betting can be a lot of fun the way kids bet against each other in sports or to do dare challenges.
It's important to know your limits and have fun.

KYC, just as CBDCs ultimately lead to taxation. That's the goal, if you didn't know.
I don't know about the US, but in the EU you pay more tax for your car the more cubic capacity it has, so they need to know that. The also ask you for the same thing if you're trying to import a car. Apart from the brand and year they need capacity to know how to tax you on the import because for some reason it doesn't matter how big the car is, but how big the inside of a cylinder is.

If they're asking you for your data to watch porn you can bet your dick (or vag) they're gathering data on what you watch and how often. Next thing, 10 years from now, you don't get allowed to work with children because your employer can access that data and people who watch porn more than x times a month are considered unfit. At the same time the porn site gets shut down because some state voted not to allow its citizens to watch porn at all and their citizens were found registered on the site, so the site should've filtered them and broke the law.

What a clown world we're living in.

I believe that in time, countries hit by hyperinflation will go into extreme measures to stay afloat. Pretty much like Venezuela tried to do with Petro. I don't know if it's good for bitcoin because if they fail they'll blame that on bitcoin and at least half of them will fail because the root of the problem is not their fiat currency but politicians and debt.


You rely to much on past performance trying to predict the future. It's like trying to predict someone's marathon run by using his time from a similar event 2 years ago. This doesn't mean anything.
Sure, there was a mini bull run in 2019, but it wasn't there in 2014 or 2015. If past performance is an indicator, why is it that in 2017 bitcoin rose 20x and in 2021 only 2.5x from the last ATH?

Of course! There's the FIDE rank, and there are sites that match you online with others based on your rank. That doesn't mean it's safe from cheaters.

I know how to play but I'm not a real fan. I can watch a game but after a while it bores me. I wouldn't bet on chess matches simply because I like to watch games or fights that I bet on and I just don't enjoy chess as much as I enjoy MMA or Boxing.

I wouldn't sell at all. I don't see bitcoin in these terms of selling and buying. What I do is exchange assets for goods and services and the other way round. I don't need fiat money and I don't want to hold fiat money. Fiat is just a means to an end, so why not skip that means and go straight to an end?
I'll wait until I can get the house that I want for bitcoin, or a piece of land. I'll be happy to exchange it for things that I need at some point, and USD value will not matter to me because it will be a few times higher than it is now anyway.

I have the same feeling, although I had that feeling when we were at 30k, last year. My prediction was that there's a small chance that we'd go to 20k if things went really bearish, but best case scenario was to settle in the 30s for the second time and start another rally.
I stood by my prediction and kept buying at 30k, then 25, 20, until I ran out of money. On one hand, charts are showing that it was a bad prediction. On the other we couldn't have known that a scammer would be buying bitcoin to pump up the price of his scam token and one of the biggest exchanges was a fraud from the beginning. Therefore, in a normal world, where no black swan event happens, we should've bottomed at 20k, even 22k and at the current state should've bottomed at 15k, but the world is far from perfect.

I remember watching indicators a year ago and many were showing that the ultimate bottom for bitcoin in this cycle should be between 19k and 25k, which tells us that at 40-50k range none of those charts were taking into account the possibility of FTX being a scam. One of the indicators was the famous 200WMA that used to show bitcoin bottoms since 2012. This year it failed for the first time. It used to sit almost exactly at 20k. The unrealized loss chart has also been showing capitulation since July 2022, so before FTX.
Some people also followed the logarithmic growth curves, which bitcoin fell out of for the second time in history (first being the covid crash in 2020), so if that was a black swan event, we're currently in another one. Growth curves may not be a trader's tool, but they are great at showing abnormalities and according to them bitcoin wasn't doing this bad in the last 10 years.

It's almost impossible to predict the price of bitcoin. It's like a ship at sea during a storm, heading for an unknown land, and your job is to estimate how many people will survive the journey. All I can say this ship is robust, it can take it and there's a land waiting somewhere. How long it will take and how beat up it will be when it gets there? I'm ready to wait and find out

It's one of the biggest mistakes newbies make. They come into the space, see all those projects listed by market cap and price and get confused. Like why is one project valued at billions but its price is in thousands of dollars and there's another almost as valuable project but its price is 10% of the other ones?
Also why is Tether so high on the list and it's priced so low. Why would I buy Bitcoin if it's so expensive compared to other projects? Maybe I'll invest in Tether?
Coinbase is paying me to make an account, so maybe it's the best exchange?
CZ from Binance says I'll lose money if I hold it on my computer so maybe I should let him keep it?

These are just a few of the questions I see newbies ask and I can tell you that it must feel like a death trap at first.

Long story short, buy bitcoin and hold it yourself!

It was a figure of speech, like saying that two guys will stop fighting once one of them loses conscience.
I'd say there's nothing to negotiate here. Russians have invaded, it didn't go well for them, they should leave and hope Ukrainians don't follow them through the border. That's where negotiations should start, so that the conflict ends at the border.
I'm sure you know how the WWII continued after the German defeat in Russia. Germans retreated and Soviets followed them to Berlin, killing, robbing and raping. Russians should negotiate for Ukrainians to stay in Ukraine when the war is over.

Every time I see someone ask this question I ask them a question back:
Show me one occasion where the whole world cooperated to stop something.
Even at times of world wars the world is divided, on drugs it's divided and it's divided on capital punishment and many other things.

Bitcoin will never be banned worldwide. It can be banned in some countries but it will be regulated in others. It's not a problem if you want to use it though. For instance weed is banned in my country and most people that I know have smoked, so bans aren't stopping anyone from anything.

The Ukrainian side claims to have killed 400 and wounded another 300 Russian soldiers in the recent HIMARS hit on their base in Makiivka. 4 warheads were used and the building was completely destroyed.

So, Putin said he's ready to negotiate but instead sent missiles to Kiev killing 4 people and Ukrainians are also ready to negotiate and to show their good will sent 400 Russians back in body bags. Looks like they're going to be fighting until they run out of bullets.

This comment is interesting.

https://mobile.twitter.com/vicariousdrama/status/1609925987453571073

If this is true he was using those addresses for donations. Was this a double spending issue? Did someone somehow attach another transaction to the existing one?
I have to say this is fare above my level, but somehow someone had to get access to his private key stored on that machine. I doubt it was really a cold wallet (paper/USB) He must've had it on one of his workstations.

If hacking cold wallets was possible like that someone would've got Satoshi's coins long ago.

Yes, I do have 1 bitcoin and I see no risk in saying that. It's not like I'm admitting to doing something unlawful or painting a target on my back. Many people that I know earn over 15k US a year so it's not like they're all going to come at me thinking that I'm some kind of millionaire. It's not that hard to get 1 bitcoin these days in one of the first world countries. You just need a bit of self control and dedication.

I don't get the part about his server being hacked months ago. I'd take that as a warning that somebody is working on getting my coins and moved all of it even deeper into cold storage, probably to a hardware wallet. I mean I already have mine on a hardware wallet but from the looks of it Luke had it all on his machine and thought that since they all connect to a routing server and the hacker couldn't get into them last time, they're safe.
It's easy to say now after the fact but wiping the server and reinstalling everything after the first hack might've been a good idea. Getting in touch with the ISP to change your IP within their network might help too. We're talking about 3 million in BTC, no amount of scrutiny is too much.

There's always an entry point, a vulnerability, an exploit.

Say you do follow all the safety advice. You have funds divided into a number of wallets, you hold everything offline, you have backups, you don't store your passwords anywhere... What was the vulnerability? Did you let someone into your house? Was the backup physically taken and uploaded by the attacker?
I hold a lot of BTC and most of it is at least 5 years old. I've never had anything stolen from me and I've never had any type of security breach, that said, my friend had ransomware on 2 of his computers. I know people who had USB stick trojans that they got by using public printers and stuff. I had that malware that changes your address when you copy-paste on one of my "online" computers.
Everything can be found and cleaned once you are aware that you could be infected and take certain measures to avoid spreading it to your cold storage.

What if I wake up one day and it's all gone? I'll lose 80% of my liquid funds. I won't be forced to beg, or live in a tent, but I'll lose the ability to buy expensive stuff and invest for many years, maybe forever. That's why I make sure I run a tight ship here ant there's security layers over layers. The only way I could lose it all is if blockchain itself was compromised, but that's something I have no control over.

Exactly. You can expect at least a 1 roll out of 6 to be your number, but with the x12 payout you can technically miss 10 times and still win money. Usually in every game of chance your odds are much lower and it's much harder to make a profit. Like in typical dice you have to score each time with a 50% chance to make money. If you score every second bet you still lose. Here you can score 1 out of 10 with 16,5% chance and make money - it's pretty good.

It's true that the US benefits the most, but are they really to blame for the war? I wouldn't say so.
The was was started by Putin and he could've ended it at any moment, but he was too proud and mislead by his generals who thought Ukraine was weak and they could launch a special forces assault on Kiev and take the parliament and presidential palace. Unfortunately the plan failed when their best soldiers were ambushed and wiped out by Ukrainians. There were many times to negotiate but Russians were to proud to take a step back and now that so much blood has been spilled it's much harder to reach consensus.

IMO it's great that NATO supplied Ukraine. What would you expect them to do? I hate bullies and Russia is a one of the biggest bullies in the world. Definitely the biggest one in Europe.