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261  Bitcoin / Bitcoin Discussion / Re: Who was Satoshi Nakamoto? on: March 12, 2024, 12:41:57 PM
this topic is not doxxing..
its just random twits speculating their hallucinations of their preferencial desires of how they see their god like entity.. 99% cant even be bothered to even check the publicly available info as it is,

actual doxxing is revealing real life location and personal data which can lead to actual real life negative interactions/repercussions

EG
compared to the random speculation of this topic.. even saying blackhatcoiner is from greece is still not doxxing.
compared to the random speculation of this topic.. even saying blackhatcoiner uses a computer in a room with blue painted walls is still not doxxing

however revealing his street address, door number, home telephone number and place of work would be
isnt that right angelo

..
the foolishness of these topics arise when people start dreaming up such speculative nonsense, that the nonsense goes viral and result in idiots like CSW claiming they are SN, or the other idiots trying to pretend their cult leader created bitcoin.

EG 'satoshi was a team of people' .. 2015 .. CSW: 'i was part of a team that made bitcoin'.. and we are now seeing how thats playing out(facepalm)
262  Bitcoin / Bitcoin Discussion / Re: Bitcoin Spot ETF Tracker on: March 12, 2024, 11:29:21 AM
im guessing blackrocks USDCash number is a indicator 'code' of how many coin estimates they want for the following week


263  Economy / Economics / Re: CPI print will be released on March 12 on: March 12, 2024, 09:32:59 AM
windfury
YOU are the one insinuating at first that the government may start blaming inflation on bitcoin.. in YOUR OP
Quote
There's going to be a new narrative, and it's going to be a stupid one. Analysts from the legacy financial system will start blaming Bitcoin's price surge for making the Fed's "higher for longer" longer.

(future tense meaning they have not said anything so far)


now YOU double down and take your own stupid notion to be your backed up story to then insinuate

Quote
the fact that they're starting to make a narrative about Bitcoin that "it's one of the possible causes of inflation"

its not a fact if you dreamed it up
its not a fact if you are using your own words as a source, not some actual external source
264  Bitcoin / Bitcoin Discussion / Re: Bitcoin Spot ETF Tracker on: March 12, 2024, 05:12:30 AM
Both Bitcoin and gold make new all time highs but Bitcoin Spot ETFs got massive positive net flows while oppositely Gold ETFs are bleeding with negative net flows. It signals changes in thinking and practice of people, investors on how they store their asset and do investment.[/li][/list]

the reason is simple

gold mining of 2021-22 seen the cost of mining rise due to inflation of diesel cost of mining gold
this meant the speculative market post-mining seen gold ATH in 2023
however diesel costs dropped by 35% last year back to near normal levels so indicators are gold can see miners mining more often again cheaper,  which will correct the gold price down in 2024-25

however with bitcoin adding demand(etf) and reward halving next month. the cost of mining and the demand for BTC is on a 2024-2025 rise
in short btc up gold down

and so people are selling gold etf and buying btc etf
265  Other / Off-topic / Re: Dogs or Cats? (Highly off-topic) on: March 12, 2024, 12:34:10 AM
if unemployed/retired, get a dog.. it will get YOU out of the house and do some exercise

if employed get a cat and a door catflap, the cat will get itself out the house when you are not home
266  Other / Off-topic / Re: People who are honest and open about their knowledge are valued in the soceity. on: March 12, 2024, 12:01:53 AM
from experience of this forum...

many greedy people:
want to create silly jargon buzzwords and then seek to be advisers(paid) to explain stuff
want to advertise their scams and lies but hate people with knowledge freely speaking the truth as it hurts the scammers recruitment games
hate when advice is given freely, as they cant charge to train/advise people

capitalism is about making knowledge and skills a secret, so people can make profit from offering services from things average people dont know
267  Bitcoin / Bitcoin Discussion / Re: Caveats newbies in Bitcoin investment should take to notice on: March 11, 2024, 11:50:47 PM
However this hasn't always been the case as some tend to record more losses than profits and end up being far worse than how they started

you never loose unless you sell at a loss... advice: dont sell at a loss

if the market is in decline, dont think of it as losing, think of it as discount time to accumulate more. advice: dont sell, instead buy more

#buy-low-sell-high
#never-sell-a-loss
#not-your-key-not-your-coin

as for strategy
2 year plan. only buy below last ATH / 2 (under 50% of last ATH)
4 year plan. only buy upto last ATH dont buy when new ATH is happening
4+ year(long hold) buy when you can, but maximise potential by buying most at the lows less at the highs
always try to buy the dip(correction down) not the hype(movement up)

..
anyone screaming at you to buy at ATH and stating quick profit multiplier are lying to you. they want you and other newbies to buy on the high so they can sell. you become their exit strategy
buying high locks you into a longterm hold. only invest in a high if YOUR plan is a long term hold of many years
268  Economy / Economics / Re: Nigeria is set to join BRICS in May 2024. on: March 11, 2024, 11:03:41 PM
Questions:
1) Why are you not doing deals in naira with other countries right now?
2) What is stopping you buying things from China or Iran or Afghanistan or India with nairas?
3) If nobody wants your naira now because it's worthless and you can't keep it for two days without losing 10% why would anyone accept it after you joined BRICS?

Additional question
4)If BRICS would help you prop the country currency against the dollar why has the Iranian Rial lost 90% of its value in 4 years?

lets start with (4)

Iranian Rial has lost 90% ... to what?

0.000030rial vs $1dollar  to 0.000024rial vs $1 seems to be the average
math went from 100% to 80% meaning a 20% drop.. not a 80% drop

yep the only RED alert of downside is USD by 20% but not as big as your 90%

but when compared to other "eastern" countries you listed.. they are green where iranians get more other currency for their rial
Quote
1    Russia   
2    New Zealand   
8    Australia   
12    Japan   
13    Indonesia   
14    China   
16    South Korea
17    North Korea   
19    Philippines   
20    Taiwan   

east math(ignoring decimal 0's)
iranian rial to chinese yuan 16 to 17 = +6.25%
iranian rial to russian ruble 15 to 21.5 = +43.33%
iranian rial to N.zealand dollar 35 to 38.6 = +10.28%
iranian rial to indonesian rupiah 33 to 36.9 = +11.81%
iranian rial to S.Korean won 27 to 31.117 = +15.24%


notice how UNNATURALLY straight the rial-USD market went vertical and horizontal..
now how NATURAL the 'eastern countries' traded and moved to new highs
269  Bitcoin / Bitcoin Discussion / Re: Lightning Network Observer on: March 11, 2024, 03:41:23 PM
Merchant adoption is a valid metric to judge it by, since people effectively express their approval or disapproval by their actions.  Clearly the evidence shows that people aren't being "forced into LN",

says the cult leader that doesnt want bitcoin scaling because "LN IS SOLUTION"(in his eyes) because he has repeatedly said "BITCOIN CONGESTION MEANS PEOPLE SHOULD AVOID BUYING THINGS WITH BITCOIN AND USE LN MSAT's INSTEAD"

doomad wants merchant adoption on LN IOU credit(unsettled balance owed) network, but have no merchant use on the bitcoin network because he wants the congestion of junk memes but doent want genuine product/service purchases seen on bitcoin
IDIOT

But if people generally aren't using it for payments yet, then that would suggest it needs improvement to become a more enticing option for them.
funny how when merchant adoption on bitcoin quietened down due to cludgy exploits that made bitcoin congested and fees expensive.. doomad didnt want bitcoin improvements.. he just wanted gateways to get people away from using bitcoin

also note how he is still trying to push "LN adoption" and not actually admit LN has bigger problems that actually need fixing
"LN improvements" is an understatement, LN doesnt need a screw driver, it needs a bulldozer and rebuild
(learn from the mistakes of LN's cracked foundations and structure, (rebuild from scratch).. there is only so man times you can polish a turd before the only action left is to flush it)

LN's issues is not just UI related
270  Economy / Speculation / Re: New ATH hit. Anyone, ever bought BTC, is now at profit. Welcome to fraternity... on: March 11, 2024, 02:52:33 PM
News today providing this new ATH: Microstrategy bought another 12,000 bitcoin, and the UK is going to open up BTC products (ETFs) for its TradFi market, though only to professional investors.

But lol UK govt really only wants rich UK citizens to benefit from Bitcoin while leaving the average citizen out. Damn thats cold.

professional investors is the agents/brokers/sponsors..(the middlemen)
those guidelines for "professional investors" is the initiation process of starting to offer a ETF product
those brokers will then offer to sell shares to the public, but first there needs to be guidelines of procedure for all the AP's
(sponsors, trustees, agents, brokers)

EG
normal people in america do not buy directly from blackrock/grayscale. they buy from a broker(authorised participant)
its the broker(authorised participant) that buys sells baskets of shares from blackrock/grayscale
its a tiered system of middlemen

so relax. once the guidelines are set for the brokers.. then the normal people investing will come next
271  Economy / Speculation / Re: New ATH hit. Anyone, ever bought BTC, is now at profit. Welcome to fraternity... on: March 11, 2024, 02:48:58 PM
unless you sell its not profit.. its UNREALISED gains
272  Bitcoin / Bitcoin Discussion / Re: Lightning Network Observer on: March 11, 2024, 02:41:15 PM
doomad slings insults but never uses data, statistics or code to back up his cries
true comedy of doomad being the lead cultist of LN.

but here is the thing, many have used LN as a merchant service via different wallets( rying to find one that fits their needs) and dropped it quick when the headaches appear
LN has more flaws, and no its not just one wallet implementation to blame.. its the overall protocol flaws.. even LN devs admit to it..
their work around's are not protocol fixes, but seeking users to rely on centralised hubs to offer channel balance, because LN devs cant find solutions to the network problems of LN's design

LN (network) is not the solution to bitcoin

other subnetworks will start from scratch offering niche services for different populous, demography and feature needs.. but LN wont be it

those acting like cultists thinking LN is the solo solution to all problems are the lying exaggerating over promising drama queens that should be blamed for the issues people find when they use LN via many different wallets in many different countries but all notice problems

there are many many LN issues.. its not just strike/chivo.. only reason strike/chivo mentioned in recent days is due to the hypocrite of strike (mellor) trying to say those that believe his fake promises are to blame for believing his exaggerations, and i was responding to mellors hypocracy using him as an example..
but that does not mean the only issue with LN was mellor.. there are many other issues with LN, and many wallets and all the lies of exaggerated over promised utility LN wont achieve nor solve the needs of bitcoiners

mellors hypocrisy which is the same silly antics of doomad(over-promising LN utopian dreams of solutions..) but then saying "dont blame LN for failures, blame a wallet or user error"
273  Economy / Speculation / Re: Road to 100k? on: March 11, 2024, 02:14:23 PM
We have seen Bitcoin reach 70k USD and it even reached a point of 71k briefly. We are seeing history being made right here with the new all time high being set once again and it is happening even before halving.

last weeks touchings of $68.5k-$69.9k in my view were not real new ATH breaks

however now seeing the $7#k numbers is breaking of previous ATH(2021), breaks the pattern where new ATH didnt happen in halving years
so we are no longer in old patterns where new ATH happen a year after halvings..

that said with all ATH, the price can correct.. before next year.. where by after a correction this year, next year could again see a pattern of proper really high ATH
rather than this edging above last ATH..

.
but due to pattern breaking we are in a truly no-one-knows land.. with:
.halving soon approaching, the current ATH of $7#k could sustain marginally and stagnate in the $7#k's for a year before next year jumps
.with officially breaking a new ATH prices can correct down thus attempting to stay in pattern with a marginal slip up due to ETF demand
..with etf demand ongoing we could see bigger rises before halving, before year end above $7#k's.

truly a no-one-knows period.. no pattern to follow to even make predictions this cycle
274  Economy / Economics / Re: CPI print will be released on March 12 on: March 11, 2024, 01:38:46 PM
but with bitcoin profits, people can buy homes without the need of mortgages so the "high interest"becomes a meaningless sentence if people can buy homes without loans
only those needing loans fear interest rate highs..
only those relying on government handouts fear interest rate highs
..
investors love high interest
..
anyway
governments see inflation rate of say EG 6%+ and interest rate under say EG 4%, they see the spread as a good deal

imagine the bonds they have to pay at 4%. but inflation means they get 6% higher of tax into treasury*. so they can pay out the bond interest with less treasury amount(keep 2% difference)

governments for the next decade want inflation higher than interest, its good for them
and if interest remains high it helps push inflation to be higher. benefitting government

you will never see government trying to get inflation below interest if they want to pay down debt happily
you will see government trying to get inflation below interest if they want to create more debt happily

*if goods cost X% more government get y% more in sales/income/corporation tax
275  Economy / Economics / Re: Nigeria is set to join BRICS in May 2024. on: March 11, 2024, 01:27:10 PM
going solo(domestically) can be done, just takes time

step 1a. not rely on western "aid".
step 1b. not rely on blackmarkets.(stealing aid to sell)
step 2. start up ethical/clean business again.
  - 2a. first retail to sell ready made goods and offer employment,
     - 2b. this gets the ethical/ good economy markets(stalls and shops) opening to ignite general domestic economy
step 3. then fund building basic infrastructure of nigerian locals manufacturing.
 
but it takes time and money
but less time/money than doing step 3 followed by step 2

also current process of last few decades of relying on aid and then skipping to 2b. but not doing 3, didnt work
(where corrupt people, pirates, guerilla groups steal aid then sell on blackmarket)
...
so steps of: first official ethical retail needs to outweigh blackmarket to get good money flowing. then that can spark employment and fund domestic production growth of produce which then funds public infrastructure

doing steps above and using brics to push step 3 forward side by side would be best option.. if all goes right in those partnerships of goods and infrastructure trade deals
276  Economy / Economics / Re: Nigeria is set to join BRICS in May 2024. on: March 11, 2024, 12:01:33 PM
nigeria didnt get much funding support under the US IMF regime to scale up electric production. however brics has many grant/loan proposal projects(and expertise) which countries can enter into if joining brics. so i can see why they are swinging in brics direction
The problem we have in Nigeria is bad governance and incompetent leadership. Ghana is was estimated to be 32.83 million in population in 2021 and it is generating electricity that is almost three times of the electricity that Nigeria is generating. Yet Nigerians are more in population. In 2021, Nigeria population estimate was over 200 million people. We were supplying Ghana electricity before. But now Ghana said they can supply us electricity if we accept such offer.

africa as a whole has been used and abused by the international community for centuries
everything from international groups stealing agricultural land, displacing natives.. to then mega-farm produce excess food to then throw it at the country as 'aid' to then kill off demand for family run independent farmed produce, causing more conflict, unemployment and homelessness which has for decades caused delays in progress.. and thats without discussing the other resource manipulations of the international groups..

i can see why places like nigeria turned down (western)international support because being handed grants/aid for free kills commerce which kills taxation which kills public utility growth
it happened in haiti too after their disasters. when international aid was handing them free solar and free satellite internet. it killed off its own domestic services of energy and communication..

though many people scream their racist calls about US and non-us superpowers. when infact the west failed africa, i can understand why they would try to seek other support. especially when they have more export trade ties to the east anyway(compared to the west) so better to do more deals with the east

.. they need some support to bootstrap the beginning of rebooting infrastructure growth to then be self sustainable

no one can tell if the nigerian-brics deals will operate without corruption and actually start a new era for nigeria. but compared to the status quo of the last few decades, something needs to change
277  Bitcoin / Bitcoin Discussion / Re: Hypothetical ETF disaster hardfork on: March 11, 2024, 11:34:26 AM
Looks like Blackrock is determined to become one of the biggest holders in Bitcoin.
I'm starting to wonder how secure this is. Many exchanges have been hacked in the past. Given enough ETFs with enough people with inside access and enough money to be stolen, at some point an ETF could be drained on-chain.

blackrock does not have access to the coins........ coinbase does.. thats the point of custodians
#not-your-key-not-your-coin
278  Bitcoin / Bitcoin Discussion / Re: Philippines to launch non-blockchain CBDC in two years on: March 11, 2024, 03:59:32 AM
This might be very much similar to how international pharmaceutical companies use 3rd world countries as their testbed for new drugs being developed before they declare them as safe for the people of first world countries. This is not because these pharmaceutical companies think that the lives of people in 3rd world countries are lower. This might be because the rules and regulations in many 3rd world countries are not strict enough and it is easier for them release new untested medicines commercially.

many many countries are developing CBDC
nothing special or different when it concerns the Philippines, they are just another country added to a growing list
Philippines is not a special case first mover.. other countries are on the list of CBDC's, mostly all using the same model and are going to be inter-communicable with the m-bridge project of BRIC's commonwealth
279  Bitcoin / Bitcoin Discussion / Re: Lightning Network Observer on: March 11, 2024, 03:53:07 AM
you LN fangirls promise LN to be the solution to all bitcoin woes, where its can do X, Y Z..
yet millions of people tried it and complained and made their countries leader stop using LN for the backbone of their wallet
even their replacement admits they had to re-do code and fix the issues left by strike(your god)

your cultish idol you are still trying to defend has said lies in the actual video we both watched and yet you still say he makes good talking points
FFS he lied to el salvadors president and is saying BS in the video we watched.. and you still say "he makes good talking points" (facepalm)

seems you have no time to learn about bitcoin and technical stuff,..
seems you have no time to learn about the issues your favoured other network has..
.. but always have time for emotional outrage when your dev gods get critiqued about the shoddy subnetwork you lot over promise but under deliver .. even 6 years later of making promises and saying be patient.. the problems still exist

how about learn that people should be reviewing, criticising and scrutinising devs to ensure they dont make mistakes. because those mistakes cause people problems and financial loses..

if you admire a broken network that only limps along, but you want to say its fully functional and working and utopian dreamy operational.. you too are part of the over promising exaggerations which then cause naive newbies you want to recruit think its the solution and then you want to blame the naive newbies you want to recruit for having such exaggerated beliefs, even when its YOU LOT giving them these false beliefs

how about spending less time in crying games and cultish blames.. and instead just learn about how things actually work
280  Bitcoin / Bitcoin Discussion / Re: Philippines to launch non-blockchain CBDC in two years on: March 11, 2024, 02:28:46 AM
This shouldn't be a surprise to anyone. Govts / central banks are naturally going to use some of the concepts of Bitcoin to create their own digital money upgrades to the fiat banking system. It's a completely different thing than Bitcoin though, regardless of whether it is blockchain tech or not. It's just an upgrade for digital fiat.

back in 2015 governments set up a coalition of devs (hyperledger) and those devs(blocksteam was part of) then started their hyperledger(prototypes of CBDC) by using bitcoin as the sandpit box for those sand box tests for hyperledger
its why CBDC uses feature of liquid and LN and why core devs paid by blocksteam were so utopian dreamy about creating those subnetworks and trying to make them famous.. they were sponsored, and yes in the 9 years since, instead of scaling bitcoin for bitcoin users benefit.. those core devs have been calling the subnetwork sandbox tests for hyperledger(cbdc) as "the solution to digital currency"
https://www.coindesk.com/markets/2016/03/29/blockstream-among-10-new-firms-to-join-hyperledger-blockchain-project/
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