but come on !!! you must know by now
fiat is not users product but the property of government. they make it they own it they set the rules for who gets to use it for whatever reason

paypal services/accounts/utility like all businesses belongs to paypal. they set the rules because its their property

if someone walked into your house(property) and said they were your guest, and they suddenly started urinating on your sofa and then raping your spouse.. (they may have your warped mindset that you if you were a guest would think that the property owner should be hospitable to its guests and let them have the right to do as they please.)
but the property owner is more likely to get a baseball bat and swing it at your head if you dont leave their property

its not 'suddenly taking the law into their own hands'. its their property  right thats ben around for hundreds of years to set terms and conditions of utility of their guests using their property

if you want to destroy property rights that you are actually in the end harming your own rights about your own property.. so stop crying about services rights to protect what is theirs.

businesses can set any policy they like.. its their property
if you dont like their terms.. dont use them. its simple

you need to start getting used to reading walls of texts to read the terms and conditions. and be prepared to realise that many businesses will have terms that wont meet your expectations. and s you then need to learn to stop using services

no business is expected to by default to let its customers do absolutely anything they like. so stop being an idiot crying that businesses do not let you do your criminal activity without monitoring you

if you want to do criminal activity without monitoring.. then go get your buddy group together and go make a services that has no terms of use
stop crying about how many businesses are not receptive to criminals

oh and here is the funny.. i actually prefer to use alipay (alixpress/alibaba) which is chinese far more then paypal. i have not used paypal in possibly 12 years

but the point is instead of crying about how businesses are harming your immoral/unethical methods of profit.. go make a service that fits your need

there are many things going on in the markets

a true market of true user buys/sells.. would have different sentiments per platform.

EG the group of buyers on a british market would want to buy at different times to that at a american market. so you would see peak volumes and offers at different times

also english mining costs are different to that of american miners. so the sentiment of 'values' would be different. meaning the willingness for miners to sell for profit would differ to american miners selling for profit. and same for buyers,

yet many markets price graph line up too coincidentally. they match each other too consistently

this is where arbitraging comes in. these are not normal willing buyers and sellers. but traders in the middle playing each market against each other, using sidechans and stablecoins to move funds from one exchange to another instantly to take advantage of any price discrepancy to profit from the different spreads in each market
...
ontop of this there are the 'futures'/options markets
when they do 'shorts' they sell the market causing a price drop to then buy cheaper. when enough do this they can make the price decrease. there are groups that act together doing this in a form of opposite to a pump and dump

then there are the influencers. groups of people trying to push regular users to sell or buy at certain times that suits the influencers, not the users

lastly, there are the exchanges that could but shouldnt insider trade.
this can be done by simply seeing how many deposits totals they have per hour/day to calculate the possible market orders that may hit that day. some exchanges use silly KYC/AML requirements to delay peoples orders hitting the market by setting a delayed exchange time that suits the exchange, rather than let users insta-swap.
they can also shadow trade. by putting small orders in before regular users orders so that the exchange itself always gets the best deals

the last are not "whale", but instead "wall" traders. yes they have whale volume. but their game is to create walls of resistance a few orders below the spread to force the sentiment that the price wont go below or above certain levels pushing users to play within the walls


ways to solve this could be that traders internal and external have to pay a fee to make an order. rather than charged a fee for having an order filled. i dont mean  an extra fee, just a change of when the fee is charged
that way it would stop all the fake orders, wall orders and shadow orders that try to sway the markets

because most market control is done not by regular traders that just buy due to their personal sentiment. but due to the wall orders and arbitrage shadow trading that sets and cancels orders to sway the regular normal users

the SEC's 'enforcement is more about the FATF (financial action task force)
which the CFTC also use when the CFTC sees something they dont like
so SEC and CFTC are both the same in the 'enforcement' aspect


it actually does matter
SEC can only regulate the market makers (exchanges) and financial services

but the CFTC can touch many other businesses and users
look at all of the regulated restrictions that other commodities have to follow
take the wheat market
its not just about the price discovery markets.. its also regulations on quota's that every farmer has to abide by to not upset the market. the regulations of environmental concern like water usage, fertiliser and such
the SEC does not how powers to control anything beyond the markets. but the CFTC can do many things like call in the EPA

so the CFTC can do things like tell exchanges to de-list crypto that is not PoS, try to demand main dev sponsoring services to promote a crypto to change over to PoS or have services not able to accept/use said crypto. and yep even go after the mining farms by stopping them getting electric contracts from power companies

you will be surprised by how much CFTC can get its fingers into
in short the SEC cant really call in the EPA or handle debates, or problems regarding the environmental stuff. its not their jurisdiction.. but the CFTC has a wider jurisdiction.

..
the whole funny part is
the CFTC has had its fingers on ethereum during its PoW days but now its PoS suddenly CFTC doesnt care much and passed it onto SEC .. yet CFTC wants bitcoin now.
even though bitcoin is not as much of a commodity as ethereum.
the reasons is that under CFTC ethereum is no longer a environmental concern so any possible 'enforcements' the CFTC forwards to FATF would just from now on be market related, which the SEC can handle

yet its obvious they want to forward environmental concerns to the EPA about bitcoin and then forward that to the FATF because the SEC cant/wont do such

the amount of coins in circulation has nothing to do with the number of coins on a market

normal high school economics tells you less coins in circulation means higher price.. and so using dumb high school economics when bitcoin had 11mill coins in 2012 the price should have been higher than now  19m coins.

so forget high school economics

price discovery is based on the coins on the market. not coins custodian on exchanges. but actual coins being put onto market orders

you cannot predict the sentiments/whims of peoples decisions to guess the price

however there is one fundamental that you can work out.. the window in which the price will wiggle within

think of it this way

if everyone one the planet can mine bitcoin for less than X no one will happily buy bitcoin for much more then X because everyone can get bitcoin cheaper by other means.

so there is always a top X level of a price window

also if no one can mine bitcoin below Y no one would be foolish to acquire bitcoin for more and then sell for less.. so there is a limit of the bottom window of Y

right now Y=$15k and X=$95K
and he price will wiggle within this window due to random sentiment

when bitcoins mining costs increase due to the competition of hashrate or the reward halving. this widow values will increase meaning the price within the window will increase.

so calculate out the cost of mining on the next gen asics releasing in early 2023. and a reasonable increase of hashrate in 1 years time. do the maths on the lowest mining cost with cheapest electric and then most expensive electric and you will see how much the window increases by which can then help calculate possible future growth


in short last year X was ~$75k. which is why the sentiment of the speculative price only wiggled up to the $70k ATH

this year if there was enough emotion and sntiment to push the price up. it would max out at ~$90k

the more costly it is to mine the more people would be willing to just buy it

the debate is over different types of crypto

crypto that has one network utility. where the crypto is not used as a mainnet backed coin to then produce pegged altnets. is to be SEC controlled

however because a commodity is a product used to create other products.
the crypto's that have a mainnet that peg altnets(produce other tokens)
are to be considered as commodity

here is the thing though. the SEC has limited power and jurisdiction. they can only audit, policy create and monitor businesses involved in the exchange/swap markets of the asset

however CFTC can get more involved. much like they allow the EPA to get involved in the quota and inspections of farms/refineries/mining.
yep when governments start to put regulations of farmers about how much cattle/yield they can grow. what feed/fertiliser/how much land a farmer can have. etc.. you then start to see how the CFTC can start controlling the mining reward amounts, transactions counts, and even the mining method

we seen this in ethereum because ethereum was adopted under the CFTC more so than the SEC

having bitcoin controlled by CFTC policy will cause alot more issues to arrise

buying  twitter is an accelerant to creating X


well yea if you buy a 150m users to can easily 'upgrade' them into a new app easier that starting a new app and trying to recruit people the old fashioned way

blow up ALL internet cable?  well good luck.. there are more then one


answer in short. the ping increases (speed slows down).. by a few milliseconds

new generation miners were released in summer and they are more efficient meaning more hashs for less electric.
at the moment they are taking old asics off to replace for new asics.

EG 100% asics running at 110thash for 3.25kw
is like 2m asic =220exahash
changing to 140thash for 3kw
is like 2m asics =280exhash but with less electric

so a swap 1 unit for 1 unit creates more hashrate. before even adding extra asic units
so using less electric means they can profit more at low prices

..
as for assumptions that ethereum miners are shifting to bitcoin.. no definitely not.

GPU mining bitcoin wont earn profit. all them GPU racks are now mining other altcoin

.. i would say by mid october to december when more batches of new gen bitcoin asics are delivered. then we will see extra units on the network which will push the cost up due to competition. and we might see a price push

why hasnt the SEC gone after all the BSV influencers

just remember

buy the bear
    sell the bull

buy low
   sell high

buy the dip
   sell the hype

then when those thought stay in your mind. then work out the lows and the highs.
its not difficult

one option WAS to stop being reliant on central services.. with the whole DEX and DEFI stuff..
..but guess what because still being "currency" jurisdiction. politics just add more rules. where instead of licencing CEX they want to licence DEX. this is with new laws where not just businesses but people operating as sole traders(self employed 1 employee businesses) offereing services of custodian/trade on behalf of other users for a fee/commission are now having to register as money service businesses and follow compliance policies. where they have to set up business level bank accounts to serve customers.

some people think "how will they find all these DEX individuals" the answer is simple follow the fiat.they are already making rules where if banks see people using personal accounts(not business accounts) to do lots of wire transfers far above what a normal account holder does. it becomes a suspicious flag

the same goes for those that avoid bank account fiat transfers and instead use paypal/venmo. they too are getting monitored by their staff more harshly to spot lots of deposit/withdrawals to declare them as possible businesses using personal accounts. flagging them

we seen this mostly happen in localbitcoins.com but now starting to see it with users using DEX/DEFI platforms

and yes altnets like LN where routing is the "person who offers payment services for a commission" apply to those too

.. the next strategy WAS to avoid actual fiat and just DEFI/DEX exchange between btc and stablecoin

kind of works. as it does not require asking for account holders real name to verify account ownership. which is why LN is trying to add stablecoins to its 'atomic swap' capability

but over all to escape the regulations. is to avoid:
services that regulators are interested in.
running services in countries where regulations are applicable
or
get bitcoin redefined back to "property" status. which gives us back better legal protection rights..

there are reasons why regulators want to grab onto having jurisdiction of stable coins.

there are issues with trying to convince governments to redefine bitcoin back to being just a "property"

and so the option is to have services set up in countries that have yet to define/ban/licence bitcoin services

but thats not by finding out someone done sig campaigns via just blockchain exploring..
its from them revealing their sig campaign usage on this forum by publicly giving out an address on a public post on the forum

again its the service..

if he done private sig campaign signup via private message.  and used more addresses. he would not have been found

again not a bitcoin problem but the user->service problem linking him

EG actual real world physical gold is private..
but if i write on a forum where i want someone to send some gold to or where i store my gold..
its not the golds fault.. its the person and the forum s public posts fault

the solution is to not do sig campaign signups via public posts. and instead ask to sign up via private message thats not stored on a database

notice how in the story the guy exploring the wallets. recognised a NAME and then seen that name was associated with sig campaigns.
and also the same name was used in a scam

he tied it together more so by name recognition found on services

your also forgetting your favourate altnet and liquid is not accepted by most regulated exchanges due to them being promoted as privacy tools. and how exchanges blacklist payments that went through mixers

changing bitcoin to be ultra "privacy" will not only drop utility with services(bad for users) but also by breaking the accounting security that can easily prove that all coins are descendants from their mined coinbase. is a security risk in itself that can risk some of the fundamentals of bitcoin

here is the thing people are not realising

back when bitcoin was just 'property' in 2009-13. we had good privacy. because bitcoin had property rights(strong protected rights)..
however when bitcoin became government recognised as "currency" property rights of privacy, changed to privacy rights of currency.. these rights are different. under currency the privacy rights are part of the bank secrecy act. no longer the property rights to privacy
meaning the protections of privacy got weaker

and under the bank secrecy act. financial businesses have the right to monitor their customers use of funds and report suspicious activity to government. especially of their value is being used in ways that its trying to hide its use.. such as mixers, tumblers and laundering

yep before 2013 bitcoin was treated like collectables(pokemon cards, antiques). where sales and payments and custody did not need to be monitored.

if bitcoin transitioned over to a monero algo. what will happen is that the financial services like banks and exchanges that are regulated would simply not be able to manage/handle bitcoin.. much like you dont see monero on those regulated exchanges
now here is the thing. bitcoin does not and never has asked for your birth certified identity.. you will not find a bitcoin transaction that displays who you are or what you bought

all the information that businesses get, and share and pass to governments.. is due to users passing their ID to businesses/services.

so it doesnt matter what algo bitcoin has.. the problem is the services at the edges of the network that then share information between themselves

bitcoin is not the problem its the services. and the regulations they have to follow due to the jurisdictional gains that politics has managed to get by defining bitcoin first as a currency.. then as a asset currency and lately as a commodity currency. slowly getting more and more involved in bitcoins jurisdiction

which these political definitions of bitcoin then affect how businesses and services handling bitcoin on behalf of users then has to handle the users

yep under asset.. (SEC jurisdiction) the sec could not do anything about the environment causes of mining.. but under commodity(CFTC) allows a gateway for the EPA to get involved in mining.

changing bitcoins algo to monero may cause regulated exchanges to stop servicing bitcoin. and changing the mining algo to PoS may stop the CFTC from punishing bitcoin.. but the only place to stop governments from receiving names of people and what they bought. wont be solved by any algo change.. it would only stop if people stop buying/selling things to other people that require names/home locations

because bitcoin(the protocol) does not have privacy issues.. its the services that ask for personal info thats the problem


the ultimate solution is not to mess with the algo yo avoid utility
its actually to change the definition of bitcoin back to being a tradable property instead of a currency

there are some idiots in this forum that want to brutilise bitcoin saying its not fit for purpose just to hinder bitcoin utility while they advertise their other networks as the go to place people should use instead.
they want to limit bitcoin utility. they want to change bitcoin to be less useful and less trusted.

lets not play into that game. lets instead recognise where the real problems are and solve them

imagine there are 2 numbers to think about.. the market price that wiggles up and down.. which is speculation.. think of that as the ocean tide that has waves that go up and down

then imagine another metric of "value". this is the 'base sea level' which slowly over years goes up as more water stays in the oceans, and raises the base sea level slowly over the years

in 2010 the cheapest cost to get bitcoin on the entire planet(the base value) started at ~ $0.10 where it was CPU mining

in 2011 the cheapest cost to get bitcoin on the entire planet(the base value) started at ~ $0.20 where it was still CPU mining but more got involved..
then came GPU mining which was more efficient so it caused the difficulty to jump.. it also triggered the volatility of speculations.
the base value raised to about $2. but the speculation wave(tsunami) caused a $30.00 speculative price wave.
every ATH tsunami is a temporary event that causes the sea level to adjust and settle at a new level.. dont ever think of ATH tsunami waves as value or an amount the sea level should stay at, at that time..

so the CPU-GPU change sparked a movement of 100x price and a 8x base value change. so the price settled down nearer to the new value line again

the price in 2012 moved to $6 before the halving and $15 after the halving, where the base value beneath also raise, but not as much

but general sentiment of speculation pushed the price upto $100 due to media news about bitcoin. but the base value was ~$X0

in 2013 with more GPU mining brought the value up to $X0 and the price over $100..
then ASIC mining took over from GPU mining. causing the the base value to move to a couple hundred, but the speculative price moved to $1200 before settling down again

the base value moved slowly for a few years. as did the price.
where the 2016 halving moved the price form an average of $450 to $900.
then new gen asics which were more efficient cause and the development politics of an upgrade causing a win for big corporations wanting a feature, caused a speculative 2017 ATH

all im saying is
if you follow the history of big events/changes to bitcoin. and also calculated the most efficient mining costs on the planet

you can work out where the base sea level is.. and also calculate the most reasonable expensive mining costs on the planet you can work out the top limit of where the next ATH can possibly peak out at

in 2021 $70k was the top limit. there was no real chance of a $100k-$500k btc in 2021. because if everyone on the planet can mine for less.. why would they buy
but the base value waterline is no $0. its about $15k this year.

so by working out these things you can work out if your buying at a time of great value. or at a large premium of speculated large wave action

buying while cheap is always great time.. compared to this years $15k-$95k window of which the speculative wave action could have the price move within. you buying near to the base waterline amount is a great buy. dont expect $200k this year. the max is still only a bit under $100k but if you follow the history of the cycles of halving events and mining costs evolutions. you will see the potential future prices and value will be higher than previous years

the real thing about bitcoin though
is when bitcoin had its last lag period the price only moved up and down by a couple dollars in an hour

now it moves buy a couple hundred dollars in an hour

so in your example of the era of a base level of $20k vs base level in the future of 50k. the 20k moving by only 1k would be equivalent to the 50k moving by 2.5k

..
just remember small minnow traders. dont buy whole coins where they are pushing up the price by spending larger amounts more per order as the price rises. whats actually happening is the sellers are offering smaller decimal amounts for the same small amounts

EG
0.1 for $400=$4k
0.1 for $420=$4.2k       ($200 change)

0.02 for $400 =$20k
0.02 for $420 =$21000  ($1k change)

0.008 for $400 =$50k
0.008 for $420 =$52500 ($2.5k change)

as you can see the buyer paid the same $20 extra.. but depending what era of price window. it affects the price more profoundly

enjoy that thought

most people give merits if someone say something enlightening, a light bulb moment that inspires the community and makes everyone a little bit brighter.something unique and interesting and worthy.

just linking an article well, talking about an article without even linking it is not worthy of merit

also merit is not that important

i still think that while notatether is doing this project which i do admire... we are still not seeing the big picture

educating the vegans greenpeace, we are being distracted by not defending bitcoin against the regulators

this month bitcoin swapped from SEC to CFTC
meaning instead of just regulating financial services (sec) regulators under CFTC can now approach more features involved in bitcoin at the gates of the community. such as regulating and licencing the mining, and such

heck even just a few days into control the CFTC has already hit some services(some worthy of being hit, some were not)

CFTC want to paint a bright happy light on the change over by saying their involvement can push bitcoin price by 2X uptwards.. yet i see the ramifications of their involvement.

which most are to busy to care about due to other social distraction campaigns happening over the last month

i do applaud notatethers efforts to push this campaign. but lets always keep in mind to not just bait social poking and instead look at the actual things that can actually hurt bitcoin and target those more

EG the politicians making rules based on the vegans greenpeace nonsense.. lets educate the regulators more so than the vegans greenpeace

bitcoin does not have a zero bottom.
bitcoin cannot tank down to zero easily..
there is actually some economic fundamentals

no where on the planet can anyone mine bitcoin for less than $15k/coin
no one is willing to sell mined coins for less.
other people that want bitcoin but cant mine that cheap will just buy bitcoin.
this created a very strong wall of support that stops bitcoin going below $15k
everyone on the planet can only buy/mine/acquire bitcoin above $15k

those lucky enough to acquire bitcoin for $15k obviously want to make profit so they want sell for exactly $15k. hense why the speculative market is resistant to drop below $18k
and so the speculation of premium prices above $15k comes into play

stop thinking that bitcoins VALUE is at the 'high' where drops in prices are bad

remember the value of bitcoin is below the market speculation low.. and the highs are temporary unsupported bubble periods of high speculation premium.. they are not suppose to stay up high, they are not suppose to stay up and be supported.

the ATH are suppose to correct down back down to near value levels

the speculative window which bitcoins market price wiggles around is not $0+

its a window last/this year of $14k-$70k
the price wiggling inside this window can change due to many sentiments. and its due to alot of negative stuff that its wiggling at the bottom end of the window

but this is a great opportunity to buy coin at the low. while its cheap because this window is going to shift forward and upwards due to the whole deflationary/halving cycles push upwards of the window

emphasis: $1-$1k-$10k bottoms are not in the realm of realistic possibility for 2022

bitcoins non zero 'bottom' is at $15k

it has a 404 error on the link in the reddit post releasing the evidence. seems someone got it took down.
i was going over old notes from 5-7 years ago when gavin said he got paid to do the  signing witness event with CSW

the logical thing in all contracts is that there is a some kind of penalty for breaching the NDA.. else why have an NDA

but yea i would like to see the actual wording of the actual NDA

excuse me?
when the 2007 crisis began. american banks forclosed on peoples loans meaning they got to steal peoples homes. they employed US polce/sherrifs officers to door knock and enforce those forclosures and remove people from their homes

also do you not even remember the "defund the police" because instead of the police using normal cars as patrol vehicles. they were buying or receiving military armoured vehicles
do i even need to waste 30 seconds on a simple google image search of "military vehicle us protest"! or is that something you might be able to achieve

you do know that most people are using bitcoin to escape the UK/EURO/US banking system..

heres the game at play
if american media can pretend other countries are far worse.. people dont complain about the issues of the american system

i truly dare you to just go to your local vacation currency exchange place and ask for rubbles or yuan.
i guarantee you that you are not going to have to register your life history and social security details to sign up to some russian/chinese government wallet

so realise unlike the fox news version of events.. the "controls" of russian/chinese currency are not like the stories you have been told of 100% oversight and government surveillance