you would be surprised by the opposite

certain towns only have a small amount of tech companies. so the employment pool of "tech" is small

however management is wide. you could be manager of a mcdonalds one year, then a supermarket the next then a accounting company the next.

generalised skills/experience/qualifications like business management open doors more widely than computer science

every business needs a manager. not every business needs a code developer..

when it comes to promotion prospects
lets say you start as a McD's burger flipper and work your way up
going into management opens more doors than training to be the grill repair guy(technical skill qualification)

if i donate to say oxfam on monday

then i buy a banana on tuesday(donate to political party)

that does not mean the banana goes to oxfam.. because physics:timeline

..
the conspiracy is short of a few sheets of tin because

FTX PAYING into politicians. is not the same direction flow of money as the conspiracy tries to suggest
        
     P<-F->U
is not
     P->F->U

also
the U.S defence budget is not a budget biden personally has access to to syphon off. nor to then hand to a crypto company

the U.S defence budget was used to supply bullets. kevlar. etc
those bullets were handed to nato. and nato done a deal with UKraine government

the crypto donations for ukraine. went to ukraine politicians because THEY set up their own addresses and advertised them for donations

then in ukraine the ukraine politicians used Kuna to convert to fiat to then buy supplies from nato and other neighbours

normal people are too indoctrinated that banks insure their customers value.. so think the cryptosphere of custodians must too..
people dont trust themselves to keep their wealth/value in their own homes under lock and key. they prefer to secure it in a business they THINK is insured and will pay out no matter what

people need to read the TOS of custodians to see how custodians treat customer deposits
and for this decade realise that NO crypto custodian/exchange in the cryptoshpere has a government insurance plan to bailout peoples account amounts

digital surge is quoted to also only have 1m customers
FTX only had 1m customers

binance has over 25m customers
coinbase has over 60m customers.

FTX is not a big deal due to affected customer numbers. its not more popular to coinbase/binance based on affected customer numbers.

FTX was just more of a "whale" customer base.
where instead of minnows depositing $5-$500.. DTX customers were depositing $10k(average)-$400m(top investors)

digital surge has similar customer numbers to FTX but is more of a minnow play who deposit minimum of $2

FTX is only getting big media coverage, due to WHO is invested not how many
EG kevin o'leary of sharktank invested
binance invested
digital currency group invested

and many other exchanges

taking 2 images,, you can crop and scew them..
(log scale vertically. width of price chart image)
(rainbows shape of elipse(perfect curve or starts as curve then straightens))


the rainbow is not a perfect curve. its a curve at the left and a straight at the right.
 the thickness of the rainbow does not have the price lows line up with the blue and the highs do not line up with the red

in short..
ITS MEANINGLESS
if you are trying to see where the rainbow leads to as a indicator of future path..  dont. its not a path. its just a manipulation of 2 images to look pretty and pretend to show something

however
for CURRENT PRICES

taking for instance full time ATH
$75k
and attributing a colour scheme (i prefer traffic lights)
and then putting where current price is within that range
|||||||||||||||
  ^
shows if bitcoin is a good deal to buy right now or bad
(each | is $5k)

even without "exposure" to FTX, many companies with their own problems or simply wanting to "cut and run"(retire) with their own customer funds have previously (in mtgox saga days) just declared closing their services and blaming it on the latest saga

im reading some of their terms.. dang.. nasty

in short. no TOS update announcement with an accept button. no 14-day consideration time to accept new terms or withdraw. no hint


nasty..
in short
it doesnt read as a
"your deposits remain your title up-until the point of sell. we simply manage the sells orders, whilst also securing your deposits to ensure we can release those deposits back when there is a withdrawal request"


if reads as
"you dont own your coins any more, we do. we can decide and change the terms of any debt without telling you. and the only way to possibly get something out of us is trying in court to convince a judge that we owe you them and also then hope we pay them after judgement.."

remember folks
"not your keys, not your coins"
these terms of services are a prime example of this

GBTC is a token of a pegged BTC pegged at a discount

however greyscale. the holding company.. has holdings in other tokens too
https://grayscale.com/assets-under-consideration-and-current-products/

we witnessed previously how other cryptos failed in last couple years and greyscale(company) had to do some asset shuffling earlier this year  to balance out the losses(reaction to the 3arrow capital(luna/terra) fiasco)

its worth noting..
greyscale is part of DCG... and DCG is invested in FTX
https://dcg.co/portfolio/#f

so although GBTC might/might not see some change to its pegged discount(no real drama) of GBTC token

greyscale aka DCG might see losses of the greyscale company investments at their internal management level.

if an exchange was using its well earned trading fees (the exchanges business profits) to then invest in FTX where those business profits are now finito(gone).
then thats just bad business for its internal management team

the only positive scenario of possibilities is..
.. if the exchange was not operating on its own licence but acting as an agent of another exchanges licence(ftx) where that licence got suspended thus the agent had to stop offering market services too

however. it appears digital surge does have its own licence.. so by suspending its customers access to do a bank run/withdraw.. means it must have used customer deposits (not trade fees) in FTX

which is not just bad business.. but unethical and should not be done ever

..
well we hopefully should get clarity within 14 days of actual events of this latest snowball

BSV is a stack of cards ready to tumble

BSV is not a coin with actual real world services or a large hashrate to secure that network.
the businesses wrapped around BSV are not real collateral backed to evaluate them in real money terms to any high degree

BSV is a stack of cards ready to tumble

firstly, the trade volume
there is the ability to fake volume
(for simple demo)
its only trading at ~$40. ($55m VOLUME(as read by someone else recent days average))
 meaning 2 idiots probably could swap the same $20 back and forth between each other (using a bot) 2.75m times a day  = 31 times a second
only swapping the same 0.5bsv:$20 between each other to create this fake trade volume


secondly faking BSV businesses valuations
EG (im using dummy numbers for easy demo explainer)
let say BSV had access to all 19m of its bsv coins.

BSV is saying its entire business partnerships are worth more then 760m(circ cap) whilst only $20  (only $20 in entire BSV reserves in my demo) is traded of real fiat between BSV'ers.

then those businesses are also not holding portions of BSV as real reserved collateral. meaning their business valuations are not actually backed let alone by the coin, but then no fiat reserves to back the coin
which those business are not actually holding

lets explain this simply

imagine company A only has 1m bsv coins. that business then claims its worth $40m(coin*price). even though there would be (demo above) only $20 real fiat in the BSV ecosystem.

that business offers out say 100m of shares/tokens where only one share/token is bought for say $10
creating that business valuation of $1bilion..($10 fiat * 100m shares)
 even though the actual fiat in the BSV (demo number) ecosystem is only $30 now (disclaimer dummy numbers for demo explainer of hypothetical scenario)

yep you see it in sharktank/dragons den TV shows.
business enters the tank/den.. asks for only $100k hard money for 5%
the dragons/sharks laugh and say "do you really think your company is worth $2m(even though company has no cash and is only seeking $100k)


because the BSV ecosystem of CSW companies only service each other in a incest game of sharing their own genepool of 'collateral'
those BSV services/companies.. are a stack of cards ready to fall

where the real hard fiat does not match the BSV cap and bsv business valuations

..
oh and i have not even got to the hashrate yet
650petahash (0.65exa)
is 0.25% of bitcoin hashrate

yep it only needs 0.25% of bitcoiners to pool jump to BSV pool to 51% BSV network

edit to respond to below (in jest/humour)
bitcoin is 270exa, which 0.25% is 675peta
51% attack of 650peta BSV is 663peta required

0.25% of bitcoin is a 52% attack essentially.. so my math is good

ethics of abusing the court system is bad by doing a SLAPP, you are correct. but when it comes to who that multi direction slapp is aimed at. ethics are good to slap and slapp CSW

but with that said.
the main thing is being on the defence side of CSW slapps (of HIS claims to devs) is never a good position. as its being in reaction/response/target of CSW claims/questions.

EG depending on how he termed/worded a claim/question to prove his claim determines how you can respond/defend(limits what you can say). as your response becomes limited to HIS claim/question... where also no response/reaction is also a win for him..

the best defence is to counter.. to make a counter claim where you are then in control of the narrative more. as hodlonaut did, and good for him to do this
(being the plaintiff not defendant)

for instance the cobra case was a default paper loss for cobra simple because, by not reacting/responding the plaintiff wins by default
if cobra was someone that was open to doxing himself by counter suing CSW cobra cobra could have easily won..

the first deceit of "finance"

one thing i keep seeing pop up is how people keep confusing VALUE with VALUATIONS

for instance

FTX had a valuation of ~$32billion.. but. FTX never had ~32billion of cash/assets

the ~32billion valuation was made up by FTX creating shares. and only selling a small percentage of those shares at a price where that price was then used as a multiplier against all combined shares to give a full valuation amount

EG
imagine it was 32billion shares it created but only sold 1 share for $1
instantly where by FTX only ever received just $1 created his company valuation of 32billions shares to be worth $32billion

you see it on TV shows like sharktank /dragons den
where they pitch their business at an ask of: $£100k for 5%

they are only asking for £$100k of actual cash to change hands.. but the judges/investors then scream
"are you really valuing your business at $£2million"

this is the first deceit of "finance"

too many people throw around the word "carbon"
personally i feel "carbon" as not the reason
since even the 1980's it has been known that oil reserves would be GONE by 2050 anyway (date no coincidence)

however weather and temperature changes happen more so due to RAIN not carbon.
any and all weather reporters show the rain clouds and wind causing temperature changes. they never ever talk about carbon smog clouds or pollution when explaining the temperatures

each year we are seeing less water.
less of a water cycle of: rain, free flow water over land, evaporation. rain. which controls the climate.. yep i said it the water cycle controls climate

this water cycle disturbance IS human caused.

try it yourself get 2 glasses of water(same volume)
pour one out onyou your backyard patio. and then leave the other glass beside it in on your patio.. wait and see which water evaporates more.. the thin puddle or the reservoir(glass of water)
both same water amount but ull finds the spread out free flowing water evaporates faster than the reservoir

think about it
your body. how it controls heat
sweating (releasing water to evaporate heat of the surface)
or farting(carbon/methane)
which makes you cool off more.
.. answer sweating does. not farting

..
human impact of the water cycle:
destroying the RAIN forest (its called rainforest not carbon forest for a reason)
damming up rivers means to create reservoirs.  
that instead of water flowing in streams and rivers and leading to land which can easily then evaporate to create clouds. which the shade the land when cloudy and then cols when it rains.

it instead is pooled into reservoirs. and then piped in plumbing and sewers. thus less water cycle.

less normal average rainful means its warmer. this warmer weather then super heats pools. ponds, reservoirs to super evaporate more water in short timescales which means we have super heat. folowed by super storms

so while governments are using carbon excuses to hand out grants to energy companies to convert to renewables without having to lose profits. knowing energy companies need to transition anyway before 2050(pol reserve depletion)

not alot is actually being done to repair or help the water cycle go back to its normal cycle.

i ma not a climate change denier.. the climate has changed due to human action.. but climate is changed due to water cycle changes.. not carbon
EG the UK. had the london smog if the 17th century.. but guess what. they were having frost fairs where the rivers were frozen over due to cold.. not heat waves
yep when london hat the worse atmosphere on the planet due to carbon. london was suffering from a freeze not heatwave

for the subject of 'consolidating assets'

i can understand that exchanges might have multiple coldwallets of that exchanges customers reserves. and sometimes for audits its best to bring them all into a super cold wallet to show control of all the wallet funds..

nothing against that.

i understand they also have thousands of hotwallets (the on exchange customer deposit addresses) which can take alot of "spam" tx to sweep.

my concern over all is if an exchange has had alot of customers funds in wallets of DIFFERENT exchanges where they were using customer funds in other exchanges for one exchanges corporate profiteering.. which should not be happening

..
if binance is just sweeping deposit addresses to fill mempools.. yea he should have done it periodically over time instead of an all at once.. but i dont mind it too much as in a few weeks it will settle down

but if he is sweeping. and then moving those same funds again the same day, repeatedly.. then thats an assy move and true spam that is unneeded and unwanted by the community

IF unorganised, yes it could cost people alot.. but..

people could SLAPP CSW back
(disclaimer, only in areas that dont have anti-slapp/anti-frivolous rules)

imagine we had 1000 people in 1000 different counties/states of different  countries.. meaning 1 person per county/court

each person without seeking a lawyer. just filed a claim in their local court against CSW.. not really wanting/caring about it going anywhere(not wanting it to go to trial)
..
CSW would then have to use his lawyers to try to quash 1000 claims. before any of them go to a hearing/ trial.

it costs each person very little just to file. but costs CSW lawyers fee's per case x 1000
...
also to note.. being the claimant/plaintiff means you have control of the agenda/questions... where as being on the defence means you are a responder and at the whims of the claim. where the claimant can make demands/actions..

its always best to be a claimant and not on the defence

here is a revelation to you about "flood of fiat"

you will be surprised to learn about fiat market of bitcoin

imagine in 2012 an average "minnow trader" had $400 a month to spend to buy bitcoin
with bitcoin at $6 a coin. meant they got 66btc

this does not mean that now that 1btc is 2500x more in price($16k).. that people are average spending 2500x more per month
(that minnow is not forced to deposit more money just to trade/get in)

what you are actually seeing is minnow investors are still paying $400 a month

however bitcoin sellers no longer want to give them 66 coins for $400.. instead they will give them 0.025btc for the offered $400

yep. bitcoin market is not simply more money needs to be put in, to raise bitcoin prices..

its not like fiat shares where only whole shares have to be bought which means investors have to pay more to get invested.

bitcoin is divisible

in 2012 the minnow and whales were noticeably in 2 'order' amounts you would see flowing orders of 1btc and "wall orders"(hard to break through) of 1000btc on markets..

now we see 0.001 and "wall orders" of 1btc

its not where people who deposited $6 in 2012 to buy 1btc now have to pay $16k+ just to get 'in'

they can still pay in just $6. its just the seller gives them decimals..
which then translate to being $16k for a whole coin (due to math, not money). even without people actually handing over $16k for whole coins on the market orders, bitcoin prices can and do go up

yep the market price is not actually buyers swapping whole $16k for a whole 1btc

its little orders of like $160 to buy 0.01 which translates to (math: away from real trade hand changing of real funds).. as  a statistic of $16k for 1 btc
..
so lets say instead of $15k being min mine cost. it went to $20k a coin mining cost
lets say instead of $400 a buyer only had $300 spare

a bitcoin seller..
now 0.025btc for $400 (translates to $16k a coin)
becomes 0.015btc for $300  (translates to $20k a coin)

so even with les "buyer money" deposited into a market. the price can still rise. because the sellers give less coin to those buyers

.. a system unlike fiat stock/shares where people have to buy whole shares. which means more fiat is needed to be deposited to buy shares

forget everything you have ever learned in your life about the markets of fiat.. those illogicals do not apply to bitcoin because bitcoin is not inflationary like fiat markets.. bitcoin is deflationary..

lesson one is this. do not look at or care about ATH. do not think of ATH as a important number. think of them as just a temporary blip event of premium prices no one wants to buy

flip the mindset.. look at the historic periodic lows to find value. note that the periodic cyclical lows rise in value.

always buy low .. and sell high. low=important.. high is pfft not so
do not use words like "when bull market return"

assume you are only watching the periodic lows that are in constant bull
assume the market price above the lows is just the whimsy of speculation, the clouds in the sky, the vapour. and not a value

yes take advantage of the whimsy movements of the market. but dont have the mindset of bull and bear where you are thinking that the CORRECTION from a 1 day ATH event is a bear and that bears are bad as they are killing your value..
instead realise you are slaves to gravity. you stand at ground level looking up.. lows are the best times to buy. the happy days.

once you forget the ATH notions as being important. and instead live in gravity of a grass field of cows(bulls you can milk) you feed as you take them up a hill. you stop thinking of bears.
milk the cows for profit as thats what they are there for
.
then learn about the ground you stand on that supports you which is above sea level (non zero) and while looking at the ground instead of the vapour clouds that dont last long notice how over time you are going uphill.

this non zero ground is not based on whimsy of the market. its based on the actual bitcoin cost. the underlying cost of mining. yep its a real thing.. its tangeable.. the mining hardware and energy to create the blockchain is the real infrastructure. unlike the market.
costing out the lowest price on the planet to mine gives you the underlying value you stand ON
this supports you and rises over time.
if no one on the planet can farm for less than X no one can sell for less and no one would want to . thus supporting a certain level

the lowest costs.. thats the important numbers to keep in mind. not the market whimsy ATH temporary events of social speculation and manipulation in the clouds of vapour.

then you will start to understand the cycles more.. the halving event is based on the blockchain units, not markets.. has effects on the mining costs of those units.. understand them and then you will see the big picture of true value

the market stuff is just the speculation above ground above value. which is volatile and stormy and unpredictable. take advantage when you can of the speculation but stay grounded to the underlying value
then things will make more sense and give you more of a sense of security and stable growth over time of deflation

..
you will then over time start to have this mindset.
i years ago got a nice hoard of coin. i do not think about "omg i missed a ATH to sell" instead i think "well 2020 value was $3k 2021 value was $10k 2022 value is $15k". i know each year the value of my coin goes up. because i stay grounded. looking at the grass that feeds my cows that i can milk when i want

Jay Juan..
your last post started by describing one investment method called "averaging down" which is a way if using the same amount of fiat when buying the high you spend again to buy the low. that average becomes $33k

however.. DCA is a different investment method. where people just buy in regular amounts often no matter the price because you trust one day in the future the price will grow to beat whatever prices you buy at now

i personally dont like to just tell people or see other people tell others to straight out DCA
instead yes put your spare fiat into an exchange regular ready to buy. but look at the monthly market. and see are they buying that specific hour at the weekly/monthy high where by it might be good to wait a bit to see some movements and pick a time to 'buy a dip'

for instance
a google search reveals that retirees in america social security check are released on wednesdays.. meaning many retirees using their government pension as a inflation hedge by throwing it straight into crypto would all deposit on the same day and end up DCA on same day if all just straight up DCAing.. which ends up causing a wednesday to blip up in a temporary high point each mon on that day per month if everyone done it..

so if too many did. its best to deposit. but wait for the dip after that day

the $15k support has been tested multiple times over the last year. and its testing strong

let all the fearful sell(where they are profiting due to acquiring coin from 3+ years ago) where the new owner of those coins buy in at over $15k and be strong too not want to sell at losses, thus super supporting the $15k+ value line for 2022

yes i have to admit i got coins hoarded from very low prices upto a decade ago, so yes i could sell today and profit.. and then the new owner buying above $16k can be the strong investor that wont sell at losses
i could sell and try to push the price down.. but nah.. i know bitcoin is good and will continue so im happy hoarding. i have no need or interest to sell. especially at these low prices.. that would be stupid

however there are many many altcoins that are speculating way above their underlying value support amounts. like 3x-30x the value line. and no one should be buying them, and instead should be selling before they correct

---

ethereum is stupidly not setting its own market with its own random speculative trade sentiment of its own userbase of the whims of trade in its own niche tokens to separate it from bitcoin movements.. instead it is spot tracing wiggle for wiggle bitcoin prices though at a btc 1:13 eth rate

ethereum is not showing any real utility by its lack of independence of the market wiggles.. which goes to show no one is really trading ethereum to then use on ethereums independent markets/tokens and niche things like NFT much.
i feel sorry for ethereum users when they realise their market price is being falsly held 30x above value(underlying rate ~$40 since pos merge) held up purely by the whims of arbitragers.keeping the bubble of eth inflated

just remember. when ethereum merchants, miners and devs all said eth(PoS) is 99% cheaper to create due to not being PoW. that means the value dropped by alot. and the speculative bubble gap between value and price inflated

from my memory the first versions of bitcoin code included a merchant POS system code. as part of the p2ip code where merchants would receive a request for a bitcoin address over IP and the merchant sends back the bitcoin address with some labels/order text stuff and such
...
but then again hal in the 80's,90's,00's was doing other projects not to do with cash register.. so trying to tie 2009 software to another guys EX- job 40 years prior is not a connection.. its a attempt of clutching at straws trying to create linkage

EG
40 years ago i wore diapers.. so did babies born in 2009..... so i must be everyone born in 2009