The fact that countries collaborate to collect taxes seems legitimate to me, but what I see as bad about this is that it is one more step towards a total control of the population and a total absence of privacy. We keep seeing news in this section that are all aimed at the same thing, a mass surveillance. And I guess there will be no massive protests because this is being done little by little, like the frog that is slowly boiling.

Typical paid-for press release I take it. I'll believe it when I see them in the wild and reviewed here by reputable folks.
Speaking of seeing -- Bloomberg requires subscribing to them to see their content. Not gonna happen here  

This is probably because banks in the coming days are going to accept BTC in the user's account and those who believe banks are better, will be doomed. Banks today are failing and FDIC will give back $250.000 only while BTC will be more than that amount in the future. 

So this advert tells banks they are safer and is only for those who are not aware of what they have done before. If they can freeze funds today for whatever reason like political views, they can also do it when they already have your BTC. BTC in the bank means you don't hold your keys.

If he is already rich enough, he may not need bitcoin, although I find your argument too simplistic and I would like to know your friend's level of 'rich'. Do you know approximately how much wealth he has?

Anyway, it is a bad idea to try to change people's minds on financial matters.

Was going through some post on the forum when I came across this writing in a free signature space which writes “make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you loss access to your BTC”.


Now a lot of people would imagine the possibilities of losing access to one’s bitcoin in their wallet and there have been several cases of where people loss access to their wallets with massive holdings in it and that is why it is always advisable to back up wallet address regularly.
I’m not trying to down in BTC but at times we should call a spade a spade and accept the fact that aside decentralization that bitcoin offers and its volatility that we all profit from, a lot of people would still want to stick to the traditional banks because it also seems to be one of the safest place to keep our money.

Now my question is, do you think losing all of one’s coins simply because they didn’t have access to their wallet or key is already enough disadvantage for bitcoin against the local banks ?

You don't use one mistake or false information he/she shared about cancer and question the merit system that has been established and adopted by a reputable forum like bitcointalk.org. You don't make an unverified accusation. You don't generalize things, learn to be specific on a particular person you are dealing with. So how do you balance your claim with those that has thousands of merits that has been sharing helpful and credible information here in the forum, since you are saying the merit system doesn't work?

TLDR
The grid is in shambles, expect power cuts, doom is near, and this winter will be ten times worse
Of course, I started from the assumption that 90% of the article is bs but even the tiniest how do they call them, "voluntarily paid shutdown" ?, of one of the big guys would probably be enough to put a dent in the growth, temporarily, as we saw it in summer.


I would bet it on Bitmain "testing" gear before shipping

Observing $36,083.

Not convinced $34,xxx was a local bottom until we retake $37,500.

We need Gensler to approve Spot ETF’s man.

Why?

This:

And this:


Especially, I do not expect people can be complaining about bitcoin and cryptocurrencies in general that they are causing global warming.

Mixers are seen to be used for illegal activities but the money in banks are not seeing to be used for money laundering and terrorism financing. Among the most fiats used for illegal activities, only little do the government and regulators know about. If there is no bitcoin or other coins and tokens, there will be illegal activities both online and offline and their scam fiat will be used for it.

Prediction 1: $ 42,424.20

bech32 address:   bc1qqhy7yqgt7n0ahhwg5fr7w4cacknyz8pmm5s24p






philipma1957

this time I got number 1 in on time

https://www.cbsnews.com/news/government-shutdown-2023-mike-johnson-stopgap-funding-bill/

House Speaker Mike Johnson's plan to prevent a government shutdown will be considered by the House on Tuesday, according to a notice sent to lawmakers late Monday night.

The stopgap measure to temporarily fund the government, known as a continuing resolution, will be put on the House floor under a procedure known as suspension of the rules. This enables it to bypass the House Rules Committee, where Republicans had signaled they would not advance the bill. Considering the measure under suspension comes with some caveats: it cannot be amended, and it requires a two-thirds majority to pass the House.

This type of situation seems like it is happening every few months now in the USA. Ridiculous. Shut down the government and lets start saving some money! I think by now we can all see that it's just smoke and mirrors and most government jobs are really not essential we could do without them. eventually we'll have to. because they can't keep approving bills like this forever...

what do YOU guys think? 

BTC and It's Cycles

This is an amazing chart I have saved for more than a year now, it predicted the 2022 Cycle Low correctly. It's made by someone else, I do not remember the user however I have it saved.
I just wanted to share this as many people here do not believe in the 4-Year Bitcoin Cycle. Here's a live proof of that being executed every cycle.

The next possible Cycle High is in August, 2025-November, 2025.

To use the transaction accelerator, their Pending transactions must meet two conditions

fee rate is 10 sat/vbyte at least.
transaction size is less than 500 byte.

This doesn't add up, silicon lottery does exist, but a 400w difference with the same hashrate and the same model is not possible, so what are you doing wrong? Are you sure they are both labeled S19 90TH? Is it possible that they sent you the Pro version instead? Can you post a screenshot of the hashrate and kernel log of both miners?


A slight improvement from different control boards might be possible ya, but he is talking 400w.

Having researched considerably about some hacks on exchanges and crypto enabled website, I learned that most of the hacks occurred as a result of some  loop holes either in their verification methods, transaction processes and in rare cases, unresolved and unterminated deprecated coins existence. One thing however was common in all the hacks, the funds were moved by the scammer initiating concurrent withdrawals involving large unusual  sums of money which was not checkmated nor did it prompt for further verifications before coins were  released.

I have a few suggestions I think can be of help

---

• concurrent withdrawals should have a 10 - 20 minutes interval. This will give the developers the time to check properly the transactions and authenticate it automatically of it passes security verification. The check can be automated to curb excess delay

• There should be an amount of withdrawal which should trigger strict security verification. The withdrawal  can be permitted when the check is complete. Users can be notified of its security importance

• primary login device can be initiated. This is an extra layer of security whereby a device is seen as the primary login device and the user uses this device only to login to his account. This device can also be used to grant another device access to login. The primary device can give permanent access to the secondary device, or a onetime access. Upon the primary device Loss or unavailability, if its lost, request can be made from the associated email address to change primary login device and a code will be sent to prompt login and change of the primary login device to the new one. Upon its unavailability, a request can also be made from the email for a one time access for another device

• The system should log out users after 5-10 minutes of inactivity or if focus is changed to another application. This will apply even to the primary login device.

• Now, if you're by any means held hostage and forced to enter login details, you can enter the password backwards e.g John as nhoJ. Authentication will granted and this will set the system on high alert and track the movement of funds alerting any other institution or wallet the Fund go into to continue the tracking, even down to mixers if their services are used. Upon your freedom, you'll send a testimonial email to the company and they'll initiate a fund it recovery process for you alerting other institutions which will  freeze the funds and return it to you and your abductors will have nothing for their stress.

These are just my security suggestions that I believe can help curb these hacks. All corrections and validations are welcome.

Explanation
Chartbuddy thanks talkimg.com

Let's be real, 1GB blocks can't be compressed down to 1 MB and that's the problem. Also, since the number of bitcoin users and number of bitcoin transactions increase, as well as the computer hardware is getting better and cheaper, there is absolutely no argument to say that increase in block size is either bad or unaffordable. It's a simply demand and supply process. When demand is high and supply remains the same, then prices increase. In our case, demand is getting very high and supply remains as low as it was when only hundreds of people were using Bitcoin.

But to be frank, in our case, the main problem is not block size (it's still a problem though) but Bitcoin Ordinals. If this problem continues to exist long-term, then something should really be done to give people a relief. If anyone thinks that high fees are okay and people will pay for it, then that person is very wrong. High Bitcoin fees will only make altcoins a better choice and make them more popular.