irst to clarify, I’ve been in bitcoin for a while and I absolutely am not here for dollar appreciation. Just want to make that clear so this doesn’t conflict with other posts I’ve made. Im just curious about the price.

I’m posting this on the beginners as I really haven’t followed this story closely and just want others thoughts on this. From the little I have seen, SBF was using deposits meant for purchasing bitcoin (and other crypto) to fund his lifestyle, giving billions to his parents and donations.

This means that money which should have been buying BTC wasn’t, thereby keeping the price down. I’d expect the short term effects of this are very negative and many people will leave never to return. However, as we see after every bear market some walk away, but many stay and new people join and overall the numbers grow dramatically. If/when this happens (imo a certainty as currencies are collapsing), next bull run there won’t be FTX artificially lowering the price and the price could explode.

What is the 100k to 300k calls were actually accurate if it hadn’t been for ftx? What then would be the price after tre next halving? To me, the ftx scam collapsing is extremely bullish long term for the price if it’s true they were using the deposits to buy btc as intended.

-----------------------------

* Recently 2 users came to me and me if i want to sell my loses on FTX so they can sue them ( my lost about 1200$ and they want to buy it with 200$ ) i just need to provide them screenshoots with a form that i need to fill - i guess is scam / im not sure so if anyone got that too please write here as well

i still got many on stock ! BUMP

Aged Ticketmaster TESTED 2009-2015
accounts for sale with very good queues and good Purchases History
Payment BTC/ETH /USDT
High Orders will get Discounts

2009-2011 - 60$

2012-2014 - 50$

2015 -2017- 45$

or bulk packages here
or here https://opensea.io/collection/ticketmaster-accounts

Will my home network become a target for hackers if I run a bitcoin node or run bitcoin mining from devices in my home network?

Would a VPN help or is it better to run bitcoin node / mining in a completely different network?

 

Again and Again Thank you Bitcointalk community for all your help in my previous Posts !!

Thank you so much alll of you 

i got so many help here  thank you bitcointalk community !!!

Aged Ticketmaster accounts has better waitlist queues for presales. New accounts are hasnt much any priority on presales because of Ticketmaster alghoritm. So ıf you have accounts older than 5 year, they are giving them a better spot in presales to you

US Accounts ?

Aged Ticketmaster TESTED 2009-2015
accounts for sale with very good queues and good Purchases History
Payment BTC/ETH /USDTHigh Orders will get Discounts

2009-2011 - 80$

2012-2014 - 70$

2015 -2017- 60$

or bulk packages here
or here https://opensea.io/collection/ticketmaster-accounts

Aged Ticketmaster TESTED 2009-2015
accounts for sale with very good queues and good Purchases History
Payment BTC/ETH /USDTHigh Orders will get Discounts

2009-2011 - 80$

2012-2014 - 70$

2015 -2017- 60$

or bulk packages here
or here https://opensea.io/collection/ticketmaster-accounts

With the collapse of FTX and issues across the industry such as Binance, BlockFi, Celsius, Voyager, etc. I want to know what exchange do you trust the most?

I know rule #1 is to move your crypto off exchanges and into your wallet, but let’s honestly many people don’t do that.

So what exchange do you trust the most for the future not to go under? It seems like FTX and other companiess were able to get away with so much because they’re not public companies which are regulated and have strict financial reporting obligations. What are the public company crypto options? Is it just Coinbase and CashApp?

Who do you trust to last?

* Again Thank you Bitcointalk community for all the help for my previous posts it really helps a lot  ! i hope also to know what is the fastest way to get merits as well , my posts maybe to get knowledge but it helps the other members community so im getting help for myself and others 

is your localbitcoin US ?

All of the talk about tipping has me wondering in the short term and long term how many satoshi’s will it take to buy some basic goods or services?

Right now it’s about 6,000 Sats equal to a dollar. Hopefully in the future things are denominated in Sats not dollars. I’m curious if in the future (hopefully soon) I could go to a diner and get a meal for a few thousand Sats.

I also have a few of the apps that pay satoshi’s for various things. I’ve earned about 10k Sats over a couple months with very little of my time. I wonder if those Sats will be worth my time a few years in the future.

 

and Bitcointalk community !! thank you so much for your help for my previous Posts !! i gain a lot of knowledge here 
Especially Legendarys members

Hello

I'm just beginning to educate myself on cryptocurrencies, blockchain tech, bitcoin, etc. and have a very rudimentary understanding of everything. Mining is one concept I just can't seem to wrap my head around, no matter how many different articles I read at all different levels of explanation/understanding.

Hopefully someone can clarify and answer these questions in a way that finally makes sense to my brain

As I understand it, in extremely rudimentary terms, "mining" is the process of verifying transactions on blockchain by solving a complex mathematical puzzle (nonce value). The first "miner" to solve the puzzle (target hash) adds the transaction to the blockchain, and (once a majority of other miners verify their answer) receives a set amount of btc.

What I don't understand, is where the "answer" to said mathematical puzzle comes from, how it is found by a miner, and how other miners can verify that answer, without first knowing the answer themselves. What determines the "target hash," and what confirms an answer to be "correct," (or at or below the target hash)? Furthermore, how does answering that puzzle confirm a transaction to be legitimate?

Finally, if bitcoin mining is the process of verifying transactions, how did Satoshi Nakamoto mine the genesis block? Obviously, without yet having any created bitcoin, there would have been no transactions to verify.

I'm thinking I may just have a fundamental misunderstanding somewhere along the process, and none of this will make sense to me until I find and correct my misconception.

Can anyone break this down in another way that might finally make sense to me?

Edit: BONUS QUESTION -

I've read some bitcoin skeptics who suggest that the blockchain will become insecure once all btc has been mined, as miners will have little incentive to continue mining once they are only receiving transaction costs as a reward.

What is the counter-argument to this? Is this a scenario Satoshi Nakamoto considered?

Thanks 

Hello

I understand that BTC has a hard limit of 21 million Bitcoin, and there's roughly 18m BTC's that have been released so far. I also understand Satoshi Nakamoto owns at least 1 million BTC that is assumed to be gone forever, and there are many other wallets with massive amounts of btc that have seen no movement whatsoever in 5+ years, leading to the possibility that those coins have been lost forever as well.

I understand that BTC can be "burned" by being sent to an address with no known private keys, and without access to private keys, any btc will be lost forever. I've read stories of people who have thrown away hard drives with btc, sent them to a wrong address by mistake, sent them to nakamoto's wallet as a tribute, etc. I even read one article that suggests 20% of btc has already been lost forever.

This leaves me with a very hypothetical question, what if all btc is burned (or lost)? After all 21m btc has been released, the number can only go down, right? I understand it would take an extreeeemeeely long time, but could humans run out of btc after enough burning? What will continued btc burning do to the economy over time? Is this something that Satoshi Nakamoto considered?

Hello

Im selling Paypal accounts ( US + EU ACCS)
80+ Purchases history and made on 2014
all verified accounts

you will get their ID's , Phone Number ( i will help you change it of course) , Email ( and their recovery mail)

they all work perfectly and still using them till today

 price 70$ for each

---------

I have 7 Coinbase accounts
all Verified with 10+ Transaction History

you will get their Recovery PASS , their ID's

price 150$ per account


for more details send DM to my Telegram. @ticketmaster12

dm to ticketmaster12

send DM to ticketmaster12

Recently many people ( lawyers) contacting people who lost their money in FTX ! and they claim they pay us the loses ( 70% of the loses ) in exchange to represent them in court like they sure they can win , does that happend to you "?

- All accounts are guaranteed for 3 days until login. If the account has been banned before logging in, please send me the information to review and replace your account or a full refund if you want.