Quote from: examplens on February 10, 2024, 07:06:53 PM

believe me, there will not be enough qualified participants. Signature campaigns are not aimless bounty programs, the payment is in Bitcoin or other real currency and not in a token whose fate is questionable

I saw some very good members teleporting here from bitcointalk forum but they are not active so much.
Maybe they are not motivated and cant find any good discussions, or they are confused with so many boards and topics in this forum.

You are right many good BTT forum members teleported their accounts. They were active in the beginning but slowly lost their motivation, my personal feeling is that I tend to get confused with the boards here.

The SEC has a program on which it approves and evaluates ETF, from the initial submission it must act in 240 days, by either rejecting it or approving it, ARK had a filling in 2021, it was rejected multiple times and it reached another date (this January) when again a final decision was needed. Since the SEC was most likely going to approve it, it though just as everyone else that since the others are also going to be approved next months better to approve them all in one batch to not give just one of them a critical lead and distort the market.

So the urgency was basically not allowing one single entity to get a head start while the others had a delay!
At the same time it could not reject ARK and then approve the others based on the same principles in March, nor could they reject ARK now and then approve them in March as this rejection would have been final.

That's why almost everyone knew they would goin to get approval, and the reason why the market climbed!

Understood and I do not disagree with your response, whereas I have a different understanding which you might call a rumor. In 2013 the first application for Bitcoin ETF was submitted to the SEC and as we know it was not approved. It took 11 years for the SEC to realize the importance of Bitcoin ETF and a day before the approval their x.com handle was hacked. Looks fishy to me as SEC is always promoting how to safeguard an account from getting hacked and they did not use 2FA to safeguard their handle.

Coming back to my analysis this is not about technicalities but it is about geopolitics.  De-dollarization is a term that you would have heard to and you know how it is slowly taking place. Another major thing that happened was that China successfully used its proxy control to become a hub of cryptocurrencies. In the meantime some Middle Eastern countries stopped accepting petrol dollars, I won't go into deep with it, but if you do a Google search you will find many links to those articles.

The US with its current debt and with de-dollarization surrounding it knows the USD will become more dysfunctional in the future and the only way to save its economy is to invest in a commodity that is not understood by any other governments of the world except a few. Their banking sector is the most vulnerable and we have already seen a few banks collapse last year. It now needs something new apart from the gold reserve it has to control the globe.

Bitcoin network getting congested does not mean it will get congested at the time of halving. Whenever there is a large number of transactions it gets congested for now the problem is BRC20 tokens. At the time of halving the transactions do get to a situation where congestion happens, it does die down after halving. With the inclusion of the BRC20 token, it might get worse than it was before. Halving never made the transaction fee high as they are now, the network used to get congested but it would not affect a user as it is doing now.

Security breaches have become quite common in the crypto industry. The problem is that these organizations do not place proper security measures or test their contracts before placing them for public use. Another reason is that most of their employees do not go through proper verification and are always in remote locations and these employees are the ones who create vulnerability to crypto projects. Such breaches mostly happen because an employee becomes rogue and uses his/he position to steal money from the company.

Username: pakhitheboss
BTC SegWit Address: bc1qtgttq2pn4alt8sfdll5nhwyjj4w24hm5ulv0hw

Username: pakhitheboss
BTC SegWit Address: bc1qtgttq2pn4alt8sfdll5nhwyjj4w24hm5ulv0hw

Another Good tool from you and it will be used in the forum for sure. I think more tools can be added to this forum as the restriction is lesser here. Thanks for the tool again.