There should be no illusion. Bitcoin ETFs are made to control bitcoin price, not promote bitcoin.

The world bank oligopoly will try to control bitcoin price just like they control gold price. It'll be  done either by naked short sales of paper bitcoins  (contracts)  or by derivatives based on endless re-hypothecation of the existing bitcoins. They will have success as long as they have unlimited access to the US$ printing press and as long as US$ still hold some value. Fortunately, US$ value is evaporating fast and the end of the road for the world fiat system based on US$ is in site. We need just 2-3 years to hit it.

Lets hope people all over the world will be wise enough to not give any chance to the US warmongers to wage a war big enough so that the bankrupted financial elites can burn the accounting books.

Live your life, care about your loved ones, and a Happy New Year!

Are you kidding?

Go to https://mempool.space/rbf and you'll see this pattern. Every tx that has replacement intervals about 40 seconds is the same kind of tx. In time of fee spikes these txs are more than 50% of all rbf txs.

This is the final replacement that got finally confirmed:

https://mempool.space/tx/b5fe2c4891cba365c0863b8645a7e7a4c7e7191804508f4549f870be6012102f

I've counted more than 30 replacements of the original tx that were done within 40 seconds intervals on average. This kind of txs have only one input and only one output. This is why they are cheap since their size is below ~190 vB. There are many of them and increase in their number coincides with tx fee spikes.

Looks like this is a job of a mining cartel as it tricks Bitcoin Core's fee estimation algorithm.

Not sure if this is the right thread to ask this question. Mods, please feel free to move it to the right place.

Looking at the latest tx fee surge a clear pattern is spotted. Fees are surging when the number of txs with 8-9 or more tx replacements sureges. Lets take for exaple this tx:

https://mempool.space/tx/396e5f826f8d6fbeb8358843d3708e32c014ca97d7d0917bfceeb011f099211d

What is it used for? What is the logic behind it?

Not a surprise. We all know discussion on raising US debt ceiling is just Kabuki theater. Debt ceiling will be raised and raised and raised until $ goes down in flames.

Nobody is using this coin. Blocks are empty and it is generally dead.

What you use today, as Internet, was invented in CERN. Error 404 - not found, is actually inherited from CERN days of the Internet. Room number 404 in CERN was the place where all unsorted documents were directed to. So, please stop posting nonsense about Al Gore!

Tim Berners-Lee, a British scientist, invented the World Wide Web (WWW) in 1989, while working at CERN. The web was originally conceived and developed to meet the demand for automated information-sharing between scientists in universities and institutes around the world.

https://home.cern/news/opinion/computing/internet-prehistory-cern

Only TCP (not IP) was invented by Americans.

Everything else like web server, web browser, HTML was invented by Tim Berners-Lee.

Get used to it.

Sure.
The rest is acquired by the suckers tax payers.
Hail to tax payers!
More to come...

Bitcoin is not a currency. Bitcoin is money.

Purchasing bitcoins is not investment. It is disinvestment because economic environment is too unpredictable.

I need your leveraged bitcoins!

Slow decline is not possible. As Max Keiser observes, "You can't taper a Ponzi scheme." You can only turn off the tap and let it collapse, or watch the parasite consume its food source and perish of its own accord.

Good stuff and inventions are made all around the world and then are stolen by the US and their closest satellites. Now this is changing. Fast. Russia is putting an end to the neocolonial world order.

And a Faraday bag or box to shield against electromagnetic impulses if used in the war between the US and the RF in Ukraine.

You mean if your grandpa and grandma are Russians but you were raised in school as ukronazi hating Russia?

It is not general stupidity. It is a blatant crime. Inflation is due to supply shock of newly printed money. For 2 years the crime syndicate of central banks printed tenths of trillions of fiat money. Covid pLandemic was just a cover up to commit the crime.

Wait until x10... and +150K.

Biden's America is just a joke. US is a nation corrupt to the bones.

SBF Was Meeting With Senior White House Officials Shortly Before FTX Collapse

https://www.infowars.com/posts/sbf-was-meeting-with-senior-white-house-officials-shortly-before-ftx-collapse/