BP

zombieautopilot81

I got you: https://youtu.be/J6dFEtb06nw?si=m7qlNH2-wwQ2BP_a

Ok-Improvement000

Guys help me in completing referal for binance red card Use https://safu.im/Fv2mMRKX OR Code BP5JS003XH On binance to get USDT faucets First 300 people get USDT only

njamimaranga

If you ask me . These are the volatile hours in a volatile day . Volatility of Bitcoin on Wednesday is roughly 4.8% in the last 6 months . There's one reserved support at around $56,600 and it's unlikely we go down in a pre sell the News event .That's the true price of Bitcoin without pricing in the foreseeable rate cuts . And there's one nutcracker resistance around $62,700 which serves as a head and shoulders resistance where we could see a reversal before a breakout. I think we pump from here all the way 5% up to our head and shoulders before we crash to a strong support of the Bitcoin halving of May 1st ( $56,600). Most likely we are getting a 25% BP rate cut. We have to anticipate and I guess we are right .

Tough_Response_904

Because of 25 BP? Come on.. Good economical development, Inflation below 3% and 2%-3% in interest rates and this could lead to another ATH. But lets see when we reach this.

eastman884

We'll get there eventually, but unfortunately I bet the rate cut will be 25 basis points tomorrow, and that might drag BTC down for a little while longer. I hope I'm wrong, but the market is now betting on 50 BP cut, and I just don't see Powell doing that on the first cut in years- particularly given the economy is showing a lot of mixed data.

BYONDFUN

75 BP is just dumb. No need for that. 50 and another 25 before New Year is smart.

njamimaranga

They're absolutely right about how the FOMC rate cuts news will bring such volatility in cryptocurrency. They're right about everything and they do make sense . But Bitcoin to <$40,000 that's a no . The lowest we could see is $50,000 They said a 50% BP cut rate will lead to a high spike then eventually a big crash. Thanks for that 36 page Newsletter . It was awesome Saved me from over leveraging on the day of the cut rates events

njamimaranga

Massive pump coming on Friday. And why is that ? Because the FOMC said the Job data is a greater indicator of how much they should cut rates rather than the inflation data. The sentiments are bad reports on US jobs data on Friday will mean high interest rate cut = Bullish You're in the lowest dip of the dip dip . What's happening in mid to late September is all Bullish signals. We're closing the month of September on $66,000 , $1,000 higher than August which closed on $65,500. The Dollar Index is a yearly low and might crash = Bullish CPI inflation data is low = BULLISH Job data - high unemployment= Bullish Fed Cut rates -100% BP by the end of the year = Bullish ETFs= Bullish Bitcoin halving 6 months = Bullish Btc Flag pennant chart pattern ( weekly ) = Bullish Bitcoin hash rates record of ATH # 750= Bullish. Bitcoin to $122,653 ( ATH + ( ATH - 24,901) where 24,901 is the support that led to the Bull run on August 2023) Where the size of xFG flag pole length= flagpole ( 24,901 - 73,777) Lets do this

njamimaranga

I personally don't think Bitcoin will fall beyond $53,000 as the US FED reserves have already announced the beginning of rate cuts . That's on Sept 18 . CPI reports on inflation comes on Sept 11. Considering all those factors . September 11- 12 we could see a reversal . Considering BP cut rates are priced - bring Soo much volatility 7 days of bearishness - 4 days of crabbing but the market markers should be cautious not make Crypto Market a bloody massacre.

pbjellybean3

Fun mini app ran through Telegram! 😁 games and challenges to unlock to earn BP

pbjellybean3

Fun mini app ran through Telegram! 😁 games and challenges to unlock to earn BP

Temporary_Farm_6194

So started last year myself currently made about 11% growth (excluding received dividends) with over 250 in projected dividends over a course of a year. i would stay away from crypto too easy to lose everything and too random go for a safe stock like a trust like the S&P 500 to start with then later diversify ideally in a dividend king or of you see a opportunity of good safe growth go for that since your age (younger you are better it is for risks) a example of a currently good one is BP

m3prime

If you don’t mind me, stretching out my egotistical opinion on this matter, I can tell you with solid advice as a multi millionaire who bought two yachts, a race, car and more with bitcoin::: , if you’re converting your crypto to Fiat: you sir, are doing it wrong. There should be no situation in the world for you to convert cryptocurrency to Fiat currency. Unless you’re Hunter Biden, and you’re buying drugs, strippers, or prostitutes. There is nothing that you can purchase with cash that you can’t also purchase with cryptocurrency. Converting your cryptocurrency is a complete amateur move because you’re paying fees for no reason. You’re also possibly looking at capital gains tax. And I say possibly because that doesn’t apply to everybody. If you’re buying a car, a boat, a house, you can absolutely negotiate to require them to take cryptocurrency. If they do not currently accept, cryptocurrency, simply tell them if they want to make this deal they better learn how and they can use services such as Bp.com like Lamborghini, North Beach and California uses to accept cryptocurrency. Cobalt yachts in St. Petersburg, Florida, Florida did not take cryptocurrency. I told them that if they want to sell a boat, they’re gonna have to take cryptocurrency and they can learn how from Lamborghini North Beach. Sign contract with deposit agreeing to pay for the boat if they go to the trouble of learning how to and following through with accepting cryptocurrency. It was my idea and I was a real customer so of course I agreed and in a week they learned how and they made it happen. Not bragging, just saying everybody accepts cryptocurrency. You can get a visa card to convert your cryptocurrency into Fiat so that you can spend it on a Visa card anywhere that Visa is accepted. Your Cold storage wallet can still be used to transfer money into an out of so you can take small amounts to send it to a company preferably not Coinbase because they lock peoples accounts all the time. They also cooperate with governments in locking your account. But if you’re OK with , small amounts that you’re comfortable risking with services like Coinbase, or use BP with only the amount you intend to spend cash buying whatever you’re buying But again, if you’re paying a fee to convert your crypto into Fiat, you’re doing it wrong. You can use companies like per.io. That will pay you about 10% or better to spend your bitcoin through places like Amazon. That’s a whole Nother explanation and a whole Nother topic but you save a lot of money doing that. Please note my responses are dictated from voice to text so my sentences and grammar and spelling is not always correct.

SkylarkV

Literally. 10+ years later and it still raises my BP when this comes up.

Ok_Fig705

Government what Blockchains is the white house using Also next down would be what Blockchain big companies use like Shell BP Apple MSFT ECT what are the elites implementing for the future

Few_Walrus_6924

How long has America been putting up with yellens ignorant ass. I try to forget she exist otherwise my BP goes up

JSunshine11

Why would you? That’s how hard money works. The USD is the world reserve currency so literally EVERYTHING is priced in the dollar. The Yen, the BP, gold, the Yuan.

Equal_Yak3114

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Haunting-Student-756

TY for sharing. You sound amazing. Are you diagnosed BP1 or 2? Were there any signs of mania or depression prior?

MolassesOk7721

Exxon mobile, BP, etc. have entire trading divisions. They mainly trade futures and it’s primarily just to hedge price changes, but every now and again they’ll generate a substantial profit for the company

Careless-North-1807

I don't think there is a no bullshit guide. Most of this is bullshit. lol... Lot of scammers and bad actors. If you want to get in on brand new project that launched 5 hours ago and survived the launch, we are looking UP now. Already got a listing as well. This #solana #memecoin could potentially bring high returns to early investors. Listed on New Token Market: [https://ntm.ai/token/B488sUuqkv6t81BP47p9wJtvgS5Rk5c6gDsFZfqCCBfN?graph=2fJmFFPWNszcqexLEBdyww1CbNoLJD1VuEVMkELwTTwt](https://ntm.ai/token/B488sUuqkv6t81BP47p9wJtvgS5Rk5c6gDsFZfqCCBfN?graph=2fJmFFPWNszcqexLEBdyww1CbNoLJD1VuEVMkELwTTwt) Initial mc was 1,200. Current mc 2.5k 25% of total supply is burned forever NFA DYOR

RevJohnHancock

Ugh, I know all about kidney failure and it’s noooooo fun!! My kidneys failed in 2015. Totally random. Freak occurrence. Could not determine the etiology. It was very, very painful. Pissing out stuff that was dark brown and had the consistency of maple syrup was brutal. Fever at 106.5; couldn’t break it. ICU for 3 weeks. Fucking central line ran straight into my aorta to deliver arterial medicines to increase my BP because it was 45/26 at one point and wasn’t going back up. Going through It was one of the worst experiences of my life. I cannot imagine this blessed plant turning against me like that. As it stands, it’s the only treatment for nausea that works for me. If I developed a condition where instead of stopping the nausea/vomiting, it CAUSES it — oh man, take me out of this vile world!!!

paypur

Why would you require validators to "be an operating business, have a [KYC'd](https://identity.metalx.com/) XPR Network account, disclose ownership information and sign the [Code of Conduct](https://github.com/XPRNetwork/xpr.start/blob/master/XPR%20Network%20BP%20Code%20of%20Conduct%20v1.0.pdf)"

MrSpaceKook

Yes, I’m aware. This doesn’t really answer what I said. The reality is that this ridiculous “rgb++ is a scam” narrative was started by Orlovsky, not the entirety of LNP-BP. And he only started it because he was very upset about the name “RGB++”.

CortaCircuit

Well Maxim did a massive part of the development but RGB is maintained by LNP-BP. https://www.lnp-bp.org/

the-devil-dog

Their house has been kept out of order by the oil companies who have divided and kept an iron grip on the nation for decades. BP, Exxon, Shell and more, stealing their resources with puppet governments and keeping the population poor and the environment polluted.

DistinctAd2231

they were Proof of work and went to proof of stake? why? the fucking environment? you believe that shit? Environmental concerns over crypto is 100% jealousy or propaganda, no in-between. You attack oil/plastic if you care about the environment but they aren't because there isn't a replacement besides nuclear and plastic replacements suck, and oil convinced dumbass leftists that nuclear is bad for the environment due to 2 crashes vs the BP oil spill of 2011 which oil rigs can and do blow up all the time. you just don't know that. Oil barrons aren't dumb and are rich for a reason, they aren't good people but they aren't dumb

DeliciousDave4321

https://www.reddit.com/r/HighQualityGifs/s/SzjYCMJ8BP

Rik33lme

Free USDT in Binance promo Card Reds BP20ZHDHYB BP8DWE3WQU Is free in binance only copy code and paste in binance app!!

MinimalGravitas

I gave a couple of examples above: * Number of nodes (but that would show Bitcoin leading so they don't include it); * Number of client implementations (but that would show Ethereum leading so they don't include it). Do you honestly think that a project to compare different crypto, that was set up by the company who build Cardano, and headed by the chief scientist of Cardano, and then only include metrics that make Cardano look the best... is being unbiased? Or do you just hold big bags of ADA and so want to convince other people that it's legit, regardless of how obviously biased it is. Wow look, BP found that BP is the most environmentally friendly oil company... Researchers from Marlborough find that Marlborough cigarettes are the healthiest...

Jazzlike_Occasion_31

redeem free usdt on binance using the code: BP3EJQULMD - Red Packet

HiRiSkReWarD

Clarification $500k+++ Per BTC is my PT…Own Little over 3. 1st Buy was $47k than $17k $22k and recently last month $36500. Ave Cost is BP $36k. Going to add 2 more get to 5.

pet2pet1982

There is 1st link in my comment, you possibly omitted it. Why Bitcoin then is worth that? Mathematically, equilibrium of sell and buy flows can be maintained at arbitrary point. It is up to us, to popularise and lead true cryptocurrency into true price range. We have to explain people, Bitcoin has no value since hard KYC censorship has been established over its transparent blockchain. Dirty coins can infect clean ones right during normal trading process over the blockchain. And soon regulator can simply declare Bitcoins outside custodial wallets of top centralised exchanges as dirty, or in other words, regulator can declare a White List of clean Bitcoins at any moment. We have to popularise, all large centralised entities are fundamentally anti-crypto. We have to broadcast, what eldorado Satoshi Nakamoto was dreaming of, and what hell you guys have turned it today. It is better to abandon Crypto at all and return to traditional financial instruments under traditional KYC. Most assets and bonds like Apple, BP, US treasures do definitely have a value beyond the number of assets issued. Bitcoin has no value beyond the number 21 million Bitcoins to be issued. They backed by nothing except hard outraged KYC censorship.

Narrow_Elk6755

Because going all in on a single asset is so wise. My coworker had 500k in savings in BP a decade ago, and it got wiped out so he has to continue to work.  Don't be stupid, and don't encourage stupidity, you can heavily support something without calling for recklessness.

carneasada71

I have high hopes for Algorand, lots of massive changes coming in 2024: https://youtu.be/8HimVRMR_N8?si=UNCDPopXMDNDK1BP Might be worth throwing some bucks into.

ProfessionalTrader85

Why are you only looking at bitcoin for an investment vehicle? It's value is based on pure faith alone. Stock market when you buy shares in for example BP you now own a part of a successful business which generates income and pays dividends. It's a real business with real assets. I'm using BP as an example I'm not saying invest in BP. So why do you think BTC is worth investing in and not property, shares, gold, etc? Crypto is one of the riskiest investments you can make and majority of people tend to lose money on it. They don't know how to buy low and sell high. When they buy low and it goes high they don't sell because of greed they think it will just go higher forever. Or like you they see it is doing well and decided to buy when the price has been pumped and then when it dumps they need the cash and are forced to sell at a loss. It has nearly doubled in value over the last year. I filled my bags when it was below £20k. I don't intend to buy any more and will be selling within the next 2 years when I believe it has topped out. This is exactly what I did a couple of years back I sold when coinbase listed on the stock exchange and that was the absolute peak of value of BTC during that run.

Groundbreaking_Dare4

Reading your posts highlights to me how little I know about Blockchain technology. That's a genuine compliment. I'll stick to holding only btc for now, easier on the old BP.

NoBarber34

Not yet, which is why I am in support the Prime proposal. It will be capable of millions of transactions per second. [https://github.com/LNP-BP/layer1](https://github.com/LNP-BP/layer1) I am not saying it will work in its current state but it worth being researched.

NoBarber34

I really hope proposals like Layer1(Prime) will work... https://github.com/LNP-BP/layer1

DrinkMoreCodeMore

"assemble a rig like a BP engineer" line is pretty 🔥

abolish_karma

They just sold $100M chargers to BP.

Nika_Blue2

They are all in the same asset class. Same reason why Exxon and BP and other fossil fuel companies move together.

afaylenesky

there is. its 7.62x39 BP.

ILostHalfaBTC

I wanted to use bitrefill to possibly buy gasoline for my car. I don't see any BP gift cards

theoretical_hipster

There is no such thing as “intrinsic value”. Each block is sort of like a piece of Real Estate. Miners have a block reward+transaction fees every ~10 minutes. When I transact I essentially bid on block space if I set a high fee the miner is more likely to accept my transaction in their found block. If I set a lower fee they are more likely to select other transactions and mine will reside in the mempool (www.mempool.space for reference). The Digital Gold narrative is an attempt to convey that Bitcoin exists and nobody controls it. Satoshi himself cannot waltz in and change the rules, nor can anyone else. Bitcoin does exactly what it says it will do every ~10 minutes thanks to the difficulty adjustment. That is to say Global, permissionless, final settlement, without counterparty. And that for me is the value prop. How does Bitcoin achieve these lofty goals? Decentralization. The nodes ie users are in control/consensus on what Bitcoin is. These Nodes can run on RaspberryPi for $100 or less. That data being transferred is very lightweight. Pretty much anyone can operate a Bitcoin Full Node and many many do. If you want to change Bitcoin you need consensus across that network or Nodes. Good luck. Now to your transaction throughput problem there are various scaling layers. (Layered Money Nik Bhatia) is a great book describing the legacy systems scaling layers. There are a few layer 2 solutions currently with Lightning Network being the biggest. Lightning Network is a global payment network that retains Bitcoins admired properties of decentralization. You essentially lock Bitcoin in a 2/2 multisig contract between you and another party. These channels are all interconnected on the Network. If you have a channel with me and I have a channel with McDonald’s in El Salvador but you don’t, your payment to McD may move Bitcoin/Sats from your side of the channel/ledger to my side then from my side of my McD channel to there side. And this all happens generally under 3 seconds. Essentially unlimited throughput. Faster and more throughput than Visa/MC. https://youtube.com/shorts/K6WP6SZx8bw?si=nDZhVbkhUb97b2BP

Unique-Quantity-2120

yes, im also saving in a index saving plan..BP is easy to handle

ConfidentialX

He does indeed. For those interested:- Gilbert is the CEO of Quant, they are registered as a Limited Company in the UK, and he has more than 20 years of cybersecurity experience and C-level accountability as a CISO, CIO and CTO. He has also worked in government, namely for Downing Street, HM Treasury, the Cabinet Office, Ministry of Justice and NSW Health – and has also served in the private sector, at Mastercard, Vocalink, CSC, EY, PwC, BP and HSBC.

Bear-Bull-Pig


transatoshi

Same, at least I have BP2, can't imagine being super manic often and dealing with those impulses.

RightvsLeftIdiots

I wish it would, but I don't find it happening. It's not tangible, without a computer to tell someone how much it's currently worth /shrug, I don't think there's one place in my moderately sized town I can spend it. Maybe at BP if they take it... People will always prefer tangible assets versus "a word".

ikurei_conphas

>A company misled customers and you are defending that company saying the customers didn’t need what was offered anyways. There's a very obvious difference between defending a company and being annoyed at people losing their shit at insignificant things. I'm the latter. I frankly don't give a shit about Ledger, just like I don't give a shit about buying gas from Shell versus BP. The difference it makes to my life and money is inconsequential. >And the fact that you are comparing Venmo/Zelle to having someone’s recovery seed shows you just don’t understand the basics of all this. No, the fact that you don't understand just how easy it is to transfer money shows YOU don't understand the basics of this. >If you logged into my bank and tried to Zelle yourself, there would be an entire paper trail. Your log in would record your IP, Oh no, my IP address, whatever shall I do? Watch out, someone might haxx0rz me back because they know my IP address 🙄 >your bank account and name would all be recorded. Sure, and as we all know, every dollar ever lost to a scammer is always recovered because there's always a paper trail. Oh wait.... >If you got my recovery seed, you would be anonymous. >How do you not understand how different that is? How do you not understand how **insignificant** the difference is? Like I said in another comment: you nuts obsess over the last 0.01% of security and ignore the other 99.99%. Like, you actually think it's important whether your wallet is hot or cold or whether the company's design is open source or closed source? Good lord. Literally none of that shit matters to your financial security. This is why it's called "security theater." It adds almost nothing to your security posture.

LiquidatedOcelot

At very best people will get a south park BP guy esque sorryyyyyyy video

coinfeeds-bot

tldr; The RGB protocol, developed by the LNP/BP Standards Association, is a scalable and confidential smart contract system for Bitcoin and the Lightning Network. It aims to enable various possibilities such as token launches, NFT minting, DeFi, and DAOs. The protocol builds upon the concepts of client-side validation and single-use seals, allowing for off-chain validation and improved privacy. The recent release of RGB v0.10 marks a significant milestone, addressing previous limitations and providing a robust foundation for smart contract development. The protocol offers high confidentiality, security, and scalability, and is upgradable without the need for hard forks. It enhances resistance to censorship and does not involve the concepts of blocks and chains. Overall, RGB is illuminating the future of Bitcoin by driving mass adoption and expanding its potential applications. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*

LiquidatedOcelot

True. I think calling him a Barnacle is too nice though come to think of it. He's like the BP oil spill, a big toxic mess that needs to be cleaned up and hopefully sooner rather than later.

germanman240

I agree. If only some Libertarians are pragmatic(I'm one of them). Its ironic that some who decry absolute power in govt hands is bad, usually are the same group that keeps eerily quiet when Blackrock and other major multinational enterprises wield so much more economic power that it can manipulate almost every financial market. And some of them can even gaslight and frame this as "thats the reason why we need more free markets as the free market can automatically corrects such discrepency itself". It can't. Free markets =/= "American style" (Pardon my French spelling) Lasseiz faire market. Free markets still have rules and some regulations (esp. anti trust lawsuits, financial ombudsmans etc...) to act as legal checks against the Microsofts, Standard Oils etc... In a Lasseiz Faire style market, Microsoft can absolutely dominate the OS and software markets (and ridding any attempt of Apple, Linux or any other viable competition to sustain even a blip of a market share by any means possible). Same thing for Standard oil to Shell, BP, Chevron, Gazprom, "Sino petroleum" or Aramco etc..

PoDunkYuppie

I considered hosting BitRocket’s ATM at some point in the future. Their ATM machines have a curb appeal that the other ones don’t… almost a “futuristic” vibe, and very sleek. I see Bitcoin ATMs at gas stations (Exxon, BP, Marathon) in densely populated cities. The Tanger Outlet nearest me also has one. They’re usually within a few square miles of one another.

Designer-Bat5638

Wow the propaganda wing of the elites is attacking a financial instrument that can take away their power. People are such NPCs they will see a guy working for BP Oil explaing why climate change isn't real and believe them.

bears_or_bulls

Yea indeed. I think if they do hike it up by .25 BP that it’s already priced in because we already had a sell off. But you never can be certain ofc.

3utt5lut

I don't think relaunching the same brand name exchange with the previous management under FBI indictments is a good idea, but if you know financial law and about DPAs (Deferred Prosecution Agreement), this is exactly what they do in the United States and Canada. They will hold the previous CEO/Management to a firing squad and absolve the company itself of any wrongdoing. You know the BP oil spill, that massive one that did countless environmental damage to the Gulf of Mexico? Well, despite BP pleading guilty to the deaths of all 11 workers that died in the explosion, and paying a pretty hefty multi-billion dollar fine (as well as taking responsibility for the spill), they had 2 fall guys (Donald Vidrine/Bob Kaluza) that absolved the company of their crimes and continued to operate.

Dogekaliber

I’m disappointed- I expected to see someone post the meme of BP CEO saying “we’re sorry”

organisednoise

Just reminds me of the South Park episode. When the big BP oil spill happened and they got the CEO to just say “we’re sorry” all cute like.

middlemangv

Do you guys know for that Southpark episode and BP oil spill? "We are sorry.....we're sorry"

TheLumberJacque

Right? It seems a little silly to think that Exxon is excited about a blockchain project. I quickly counted the number of energy company’s in the Fortune 100 and I got 11. What is a reasonable proposition for them to look at blockchain infrastructure? Or does the estimate include something like gas stations are considering accepting crypto? That would be like saying 80% of companies have revolving credit initiatives in the pipeline. But really it’s them just working with JP Morgan or Goldman to have a branded card that is managed by a proper bank. I tried to think of a reason why BP would consider creating a blockchain project. I doubt it makes sense to manage meter throughput records, SCADA, truck rack receipts, or safety metrics with a blockchain project. Should this say, “50% of fortune 100 companies are considering accepting crypto at the pump backed by financial institutions like they do for credit cards.”?

StockTrix

No. Balance of Payments. It is the Western hegemony surprising finance in some countries in Africa. Propped up by Western-allied 'puppets' who give favorable and cheap access for Western entities to plunder their resources (hello, SHELL, BP, RIO TINTO, De Beers). Moreso withh companies like Western Union and MoneyTransfer who profit of those who are bankless because the HSBCs of this world charge such extortinate fees on individual countries in Africa, that it is not costworthy for the average individual to use them. Then, there's the US Dollar hegemony and the CFA Franc. Just read up on French Monetary Imperialism in Africa to understand why Crypto Adoption is significantly higher in some African countries.

MinimalGravitas

I'm not exaggerating when I say that Hedera is genuinely the worst project that someone could put their money into. It's the project for short-term thinking morons who shill for a corporate dystopia in the hopes that it will make them a few bucks. With the governing council they put a bunch of massive companies in charge of the base layer of finance... it's like putting Exxon-Mobil, BP and Shell in charge of the environment; or Eli Lily and Purdue Pharma in control of a country's health service. And even if you don't care about the cypherpunk values that the crypto ecosystem came from, then surely you care about the actual economics of your investments? Hbar's price would only be sustainable if there were tens of thousands of paying transactions every second... but pretty much all the transactions onchain come from one organization and they are subsidized by some comically centralized arrangement with Hedera's team. Hedera probably has less than 10 fee paying transactions per second, meaning that: 1) It is ludicrously overpriced at the moment; 2) Hbar holders are in effect just paying for the subsidized company to use Hedera; 3) Paid usage on the chain would need to grow by about 3 orders of magnitude before the current price of the asset makes economic sense... no other comparable project is so overbought. And, just to really drive the point home of what an utterly trash project it is, one of the best indicators for future use of a chain is the number of developers building things on it. For every 1 developer working on a project in Hedera there are over 40 building in the Ethereum ecosystem. We could go on, but either you get the point or are too far sucked into the bagholder propaganda to ever admit what a dumb project you've bought into.

MinimalGravitas

The only people saying that are morons simping for a corporate dystopia. I'm not exaggerating when I say that Hedera is genuinely the worst project that someone could put their money into. A bunch of massive companies in charge of the base layer of finance... it's like putting Exxon-Mobil, BP and Shell in charge of the environment; or Eli Lily and Purdue Pharma in control of a country's health services. And even if you don't care about the cypherpunk values that the crypto ecosystem came from, then surely you care about the actual economics of your investments? Hbar's price would only be sustainable if there were tens of thousands of paying transactions every second... but pretty much all the transactions onchain come from one organization and they are subsidized by some comically centralized arrangement with Hedera's team. Hedera probably has less than 10 fee paying transactions per second, meaning that: 1) It is ludicrously overpriced at the moment; 2) Hbar holders are in effect just paying for the subsidized company to use Hedera; 3) Paid usage on the chain would need to grow by about 3 orders of magnitude before the current price of the asset makes economic sense... no other comparable project is so overbought. And, just to really drive the point home of what an utterly trash project it is, one of the best indicators for future use of a chain is the number of developers building things on it. For every 1 developer working on a project in Hedera there are over 40 building in the Ethereum ecosystem. We could go on, but either you get the point or are too far sucked into the bagholder propaganda to ever admit what a dumb project you've bought into.

coinfeeds-bot

tldr; Maxim Orlovsky of LNP/BP Standards Association has proposed a way to upgrade Bitcoin layer 1 without a required softfork, leveraging client-side validation. The upgrade offers higher privacy and bounded Turing-complete programmability with a rich state provided by RGB or another client-side-validated smart contract system. The proposed system, codenamed Prime, will be able to host a theoretically indefinite number of transactions and allows the gradual introduction of new features without additional upgrade risk or community coordination. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

coinfeeds-bot

tldr; Despite the collapse of FTX and allegations of criminal activity, the crypto exchange did not come out as the worst brand in a survey of 100 highly-visible brands conducted by Axios and Harris Polling. FTX ranked 99th on the list, trailing behind companies such as Spirit Airlines, TikTok, Balenciaga, and even Meta. Bitcoin also made the list and ranked in the bottom 10, just behind oil giant BP and two places behind Family Dollar. The Trump Organization was the only corporate entity perceived as worse than FTX. Patagonia and Costco were considered the most reputable brands by Americans, with Amazon, Apple, and Samsung also making the top 10. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Strong_Wheel

The Declaration of Monetary Independence When in the course of human events, it becomes necessary for one people to dissolve the monetary bonds which have enslaved them to a fiat system of government decree and to assume complete sovereignty over their own monetary freedom, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to this dissolution.   1. Central Banks have abused their privilege of printing money.  2. Each monetary unit printed debases the existing monetary supply.  3. The printing of these units is a form of theft or hidden tax.  4. The printing of these units are exclusionary and confer privilege on those closest to the central bank — Cantillon effect.  5. Many American Founding Fathers were staunchly opposed to central banks and the type of power governments have today.  6. The internet has made it easy for governments to control and surveil its citizens for minimal cost and without our knowledge.  7. Allowing the few to distort price signals utilized by the many is more akin to communism than capitalism.  8. These units make price discovery and free markets impossible, thus disrupting the ability of consumers to make relevant economic decisions.  9. These units are a poor medium for storing our value, life force and essence of our labor over time.  10. These units enable the financing of endless wars and conflict without representative public support. 11. These units are created from debt and have led to unsustainable levels of government, corporate and individual debt.  12. These units are poor mediums for conservation of energy and negatively impact the environment.  13. These units disincentivize the use of inexpensive, abundant and renewable energy.  14. These units induce inequality, poverty and wealth disparity.  15. These units move value too slowly across international borders in a globalized, digital age.  16. These units were once backed by hard assets like gold and silver but are now backed only by empty promises. 17. These units are forced upon citizens without any alternative constituting a monopoly on the medium of exchange.  18. These units have been weaponized to sow the seeds of hatred and division around the world. 19. These units are manipulated by a ruling class whose incentives are not aligned with the best interests of the governed.  20. The current monetary policy encourages infinite consumption and growth on a finite planet.  21. The current monetary policy leads to bailouts, bail-ins and socialized losses.  22. The current monetary policy fosters a misallocation of capital.  23. The current monetary policy leads to financial repression and excessive government.  24. The current monetary policy leads to authoritarian rule and crony capitalism.  25. The current monetary policy enslaves the human spirit and stifles technological innovation.  26. The current monetary policy encourages and incentivizes short-term thinking (a high time preference) over long-term thinking (a low time preference).  27. The U.S. dollar ($USD), held as world reserve currency, has been used to destabilize other national currencies.  And so, as of January 3, 2009, there came into existence a monetary asset and monetary protocol that separated money from state and it holds these properties:  1. This monetary network, known as Bitcoin, is capped at 21,000,000 units.  2. This monetary network is decentralized and allows anyone to verify the integrity of the unit ownership and transfer.  3. Each unit is divisible into 100,000,000 pieces called satoshis.  4. That anyone, without permission, can own a subunit as small as one satoshi.  5. The Bitcoin Protocol / Lightning Network Protocol (LNP/BP) is the first native monetary layer of the internet.  6. This monetary network is not controlled by and does not favor any government.  7. This monetary network is a provably and verifiably scarce digital asset.  8. Each security node (miner) in the network is incentivized to find the cheapest, most abundant energy sources on the planet.  9. This monetary network uses a timechain mechanism and proof of work to verify transactions and create new units.  10. This monetary network reaches ownership consensus approximately every 10 minutes and validates every transaction dating back to the Genesis Block on January 3, 2009. 11. This monetary network is backed by the largest, most secure single-use computer network in history.  12. This monetary network has had a historic 99.98% uptime and is the only monetary network of its size that has never been hacked or compromised.  13. This monetary network is an embodiment of American founding principles with regard to individual freedoms, private property and human rights.  14. This monetary network treats all participants the same.  15. This monetary network is in a constant state of price discovery.  16. This monetary network is based on consensus rules, math and cryptography; not by the subjectivity of rulers, power and preference.  17. This monetary network is based on software that is free and open source.  18. This monetary network is able to move value across space and time with minimal loss of energy and at low cost.  19. This monetary network is accessible to anyone with an internet connection.  20. This monetary network contains no barriers to entry for the masses — permissionless.  21. This monetary network revived the time-honored freedom of saving as a wealth accumulation strategy, regardless of race, creed or nationality.  22. This monetary network prioritizes safety and security.  23. This monetary network rewards those actors who secure the network and incurs significant costliness to would-be bad actors.  24. This monetary network is able to efficiently store value created from your labor and life force.  25. This monetary network enables a new store of value vehicle and settlement technology for billions of unbanked and persecuted people worldwide.  26. This monetary network disincentivizes financially oppressive state policies.  27. This monetary network utilizes unforgeable costliness to reach global consensus without relying on a central authority.  28. This monetary network disincentivizes the barbaric use of physical, political and economic coercion as a means of conflict resolution.  29. This monetary network promotes freedom, cooperation and working toward mutual benefit, providing a path for Peace.

Strong_Wheel

The Declaration of Monetary Independence When in the course of human events, it becomes necessary for one people to dissolve the monetary bonds which have enslaved them to a fiat system of government decree and to assume complete sovereignty over their own monetary freedom, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to this dissolution.   1. Central Banks have abused their privilege of printing money.  2. Each monetary unit printed debases the existing monetary supply.  3. The printing of these units is a form of theft or hidden tax.  4. The printing of these units are exclusionary and confer privilege on those closest to the central bank — Cantillon effect.  5. Many American Founding Fathers were staunchly opposed to central banks and the type of power governments have today.  6. The internet has made it easy for governments to control and surveil its citizens for minimal cost and without our knowledge.  7. Allowing the few to distort price signals utilized by the many is more akin to communism than capitalism.  8. These units make price discovery and free markets impossible, thus disrupting the ability of consumers to make relevant economic decisions.  9. These units are a poor medium for storing our value, life force and essence of our labor over time.  10. These units enable the financing of endless wars and conflict without representative public support. 11. These units are created from debt and have led to unsustainable levels of government, corporate and individual debt.  12. These units are poor mediums for conservation of energy and negatively impact the environment.  13. These units disincentivize the use of inexpensive, abundant and renewable energy.  14. These units induce inequality, poverty and wealth disparity.  15. These units move value too slowly across international borders in a globalized, digital age.  16. These units were once backed by hard assets like gold and silver but are now backed only by empty promises. 17. These units are forced upon citizens without any alternative constituting a monopoly on the medium of exchange.  18. These units have been weaponized to sow the seeds of hatred and division around the world. 19. These units are manipulated by a ruling class whose incentives are not aligned with the best interests of the governed.  20. The current monetary policy encourages infinite consumption and growth on a finite planet.  21. The current monetary policy leads to bailouts, bail-ins and socialized losses.  22. The current monetary policy fosters a misallocation of capital.  23. The current monetary policy leads to financial repression and excessive government.  24. The current monetary policy leads to authoritarian rule and crony capitalism.  25. The current monetary policy enslaves the human spirit and stifles technological innovation.  26. The current monetary policy encourages and incentivizes short-term thinking (a high time preference) over long-term thinking (a low time preference).  27. The U.S. dollar ($USD), held as world reserve currency, has been used to destabilize other national currencies.  And so, as of January 3, 2009, there came into existence a monetary asset and monetary protocol that separated money from state and it holds these properties:  1. This monetary network, known as Bitcoin, is capped at 21,000,000 units.  2. This monetary network is decentralized and allows anyone to verify the integrity of the unit ownership and transfer.  3. Each unit is divisible into 100,000,000 pieces called satoshis.  4. That anyone, without permission, can own a subunit as small as one satoshi.  5. The Bitcoin Protocol / Lightning Network Protocol (LNP/BP) is the first native monetary layer of the internet.  6. This monetary network is not controlled by and does not favor any government.  7. This monetary network is a provably and verifiably scarce digital asset.  8. Each security node (miner) in the network is incentivized to find the cheapest, most abundant energy sources on the planet.  9. This monetary network uses a timechain mechanism and proof of work to verify transactions and create new units.  10. This monetary network reaches ownership consensus approximately every 10 minutes and validates every transaction dating back to the Genesis Block on January 3, 2009. 11. This monetary network is backed by the largest, most secure single-use computer network in history.  12. This monetary network has had a historic 99.98% uptime and is the only monetary network of its size that has never been hacked or compromised.  13. This monetary network is an embodiment of American founding principles with regard to individual freedoms, private property and human rights.  14. This monetary network treats all participants the same.  15. This monetary network is in a constant state of price discovery.  16. This monetary network is based on consensus rules, math and cryptography; not by the subjectivity of rulers, power and preference.  17. This monetary network is based on software that is free and open source.  18. This monetary network is able to move value across space and time with minimal loss of energy and at low cost.  19. This monetary network is accessible to anyone with an internet connection.  20. This monetary network contains no barriers to entry for the masses — permissionless.  21. This monetary network revived the time-honored freedom of saving as a wealth accumulation strategy, regardless of race, creed or nationality.  22. This monetary network prioritizes safety and security.  23. This monetary network rewards those actors who secure the network and incurs significant costliness to would-be bad actors.  24. This monetary network is able to efficiently store value created from your labor and life force.  25. This monetary network enables a new store of value vehicle and settlement technology for billions of unbanked and persecuted people worldwide.  26. This monetary network disincentivizes financially oppressive state policies.  27. This monetary network utilizes unforgeable costliness to reach global consensus without relying on a central authority.  28. This monetary network disincentivizes the barbaric use of physical, political and economic coercion as a means of conflict resolution.  29. This monetary network promotes freedom, cooperation and working toward mutual benefit, providing a path for Peace.

Zealousideal-War6206

Fuck you OP. I nearly had BP. Lol

LightninHooker

Someone queue South Park "We're sorry" from BP

BrocoliAssassin

Hey I’m very happy that we get to support companies like BP. They provide us with some of the largest oil spills! Tax breaks and never getting in trouble for their crimes! It’s always those damn bitcoin miners…having this type of currency and now the military industrial complex can’t go to war over it.. just horrible.

3utt5lut

Don't worry BP will just change their name again when that happens..

DCFireGuy22

The market is pricing in a 25 BP hike @ 84.7% before the FOMC announcement

StewieGriffin26

Yeah but these 20 companies: Saudi Aramco, Chevron, Gazprom, ExxonMobil, National Iranian Oil Co, BP, Royal Dutch Shell, Coal India, Pemex, Petróleos de Venezuela, PetroChina, Peabody Energy, ConocoPhillips, Abu Dhabi National Oil Co, Kuwait Petroleum Corp, Iraq National Oil Co, Total SA, Sonatrach, BHP Billiton, Petrobras don't just operate because it's a fun hobby, they operate because someone is willing to buy their product or resource and the margins are good enough for a profit. They're doing it for money. Specifically consumers money. If you took away the demand of billions of people driving ICE vehicles everyday they would be out of business.

Odysseus_Lannister

BRB bout to check my BP

Fredzoor

25 BP

bemyking

Fed going to hike rate next week with 25 BP, more banks will struggle!!!

bemyking

Fed going to hike rate next week with 25 BP, more banks will struggle!

bemyking

First Republic Bank stock just hit an all time low and also Fed is going to hike the rate by 25 BP next week!

TheHoodOG

Centrica up 23% year to date BP 9% Bitcoin 67% 🥸

Iksf

Safer, all of them Better, BP and Centrica

Chrissi25

Eos, it was once so promising and actually working great. But than the congestions, the BP kartel, blockone abandoning...

ConfidentMirror8701

Remove all the unnecessary shit from it, I purchased a grade A refurb for £64($80) absolute bargain, litterally brand new un marked, wouldnt spend more than that, they can also be hacked to support the BP monitoring if it's not supported in your country or you don't have a Samsung phone

Olga_Ukolova

There is no business model for RGB protocol itself. It’s being financed via donations to the LNP/BP Association, which is a nonprofit lnp-bp.org; there’s also no RGB native token thus no direct way to monetise the protocol. It was designed that way to make the tech available to everyone without having any business interests interfere. If anyone wants to support our work they can always donate to the association. However, I have a company called Pandora Prime that will leverage RGB and other tech and monetise RGB via products and services built on top. MyCitadel wallet, rgbex.io, Bitcoin Pro asset issuance tool and many other upcoming ones are examples of what we have been doing to kick off the RGB adoption and start the monetisation.

disisdashiz

Don't let your family laugh in your face and convince you to invest in BP and not btc in 2011........ woulda been a fricken millionaire by now :/

rootpl

>The idea of a personal carbon footprint was popularized by a large advertising campaign of the fossil fuel company BP in 2005, designed by Ogilvy. It instructed people to calculate their personal footprints and provided ways for people to "go on a low-carbon diet". > >https://en.wikipedia.org/wiki/Carbon\_footprint#:\~:text=The%20idea%20of%20a%20personal,a%20low%2Dcarbon%20diet%22

rootpl

I remember when paper straws become a thing because one poor turtle got a plastic straw stuck in his nose, poor fella. But those campaigners forgot to mention that around 50% of all plastic in the oceans is from fishing corporations throwing their nets and other trash back into the sea on a regular basis. It was always about shifting the blame on customers. >The idea of a personal carbon footprint was popularized by a large advertising campaign of the fossil fuel company BP in 2005, designed by Ogilvy. It instructed people to calculate their personal footprints and provided ways for people to "go on a low-carbon diet". > >https://en.wikipedia.org/wiki/Carbon\_footprint#:\~:text=The%20idea%20of%20a%20personal,a%20low%2Dcarbon%20diet%22. Fucking BP invented this bullshit to shift the blame on us. And we just took the bait.

BlazeDemBeatz

It’s the way of multi-billion corps as well. Take BP oil for example. They pretty much broke all the safety rules. They’d get hit with a 10m fine when they’d get busted for negligence and just pay it because it wasn’t much to them, then keep breaking the rules. Then came the great oil spill in 2010…

fnetma

Presentation slides: https://github.com/LNP-BP/presentations/blob/master/Presentation%20slides/RGB%20v0.10%20-%20part%202.pdf

HGDuck

A sorry that is as genuine as the one from BP in South Park.

the_great_red_panda

Anyone remember the south park episode with the BP oil exec going "I'm sorry" as he lay on a polar bear rug totally bare and feeling himself.

wowza132

The markets really don’t react logically lately. 75 BP hike last summer, market didn’t flinch. 25 point now, it’s chaos 😅

jmadding

100%. People who live only in the crypto bubble are missing the macroeconomic picture. I estimated last night a 20% pump at 0 BP, 5% drop at 25 BP, and 15-20% drop at 50 BP. But it's why which matters. Crypto pumped on lack of faith in monetary policy and bank collapse. If the rate hikes continue, USD can get back to 2% inflation after enough pain in the market. People will flee instability to buy/hold dollars. But along the way, more banks will die. More instability that will pump BTC. Change happens in waves, both small and big.

chaoticneurotic123

*fed raises rates by 50 BP and instantly causes a 20% down day*

LowFatCheeze

25 BP for those wondering

rarerareflame

50 BP is out of the question so I'm not sure how bearish we cna get

rarerareflame

Final predictions? My brain says 25 BP hike, but my heart is saying pause

chaoticneurotic123

65% 25 BP 35% pause I feel like they need to pause but we will see.