#Bitcoin #Knots now has 18% market share and still increasing it. At which point does Bitcoin #Core sees this progression as an existential threat and changes its position? Also it seems as Core manage to keep its current market by seeing net new nodes added to Core. That seems a bit like an anomaly. Are they spinning up Sybil nodes in an attempt to cap Knots market share? #NodesWar

File storage has no business in #Bitcoin. There are blockchains specialized in file storage for this use case. It only opens an attack vector for states to pressure the ecosystem actors to implement more restrictions. View quoted note →

Many influential traders on X are reporting that they receive a lot of comments calling for a top in #Bitcoin under their tweets. However, it doesn’t seem as I can see those particular comments as most of those I can read (from my read-only account) appear to be bullish. Also, in my curated list of traders (not influenced by an algo), the sentiment is still overly bullish although many traders are reporting that the sentiment in their replies is bearish (but again that’s not what I see when reading under their comments). It seems as there is a disconnect in the market sentiment perceived on social media by different people. I suspect that the cause may be the algos suggesting different content to different accounts. However, I sense that this goes being benign content personalization and that it may be caused by a social engineering campaign aiming to influence the sentiment of the market influencers. It’s well known among professional traders that if the market sentiment is too pronounced on one side, the market is more likely to correct on this other side. Hence, a campaign pushing bearish comments to market influencers would aim to reinforce their sentiment on the bullish side as they would naturally lean towards taking the counter trade of the crowd (of bots). Then, the bullish market sentiment from influencers would be shared to their audience resulting in an overall bullish market sentiment. I can’t prove this to be the case, but in these last days have been conflicted about hearing influencers reporting seeing bearish market sentiments while I’m seeing the exact opposite on my end. I came to the conclusion that a social engineering campaign targeting them may be at play here. Below is an example of report by an influential trader: https://xcancel.com/CredibleCrypto/status/1961487588667089282#m #BTC #Propaganda #Trading #Tradestr

#Bitcoin at a crossroad: Whichever side of the curved wedge #BTC breaks is likely to determine the direction for the next few years. #Trading #Tradestr View quoted note →

#Trump top advisor said: “The government will take more stake in more companies”. If the government really wants to grow its #Bitcoin Strategic Reserve, Strategy is a prime target. View quoted note →

They aren’t going to open the money floodgate until this infrastructure is implemented. #TheGreatReset #FederalReserve View quoted note →

The weekly close is going to look bad for #Bitcoin. Also, triple bear divergences on the oscillators… Can #BTC escape the obvious? #Trading #Tradestr View quoted note →

#Bitcoin price forecast update: Maybe more than ever in this cycle Bitcoin is at a crossroad with a strong probability that the cycle top is already in. However, this scenario has a clear invalidation at $125,759. Breaching this price may be the sign of an extended bull cycle that could continue beyond 2030. However, as long as #BTC trades below this price, being risk-off or hedging is probably not a bad move. Path 1 (45% probability): 🐻 The top of the four year cycle is already in. This scenario will be off the table if $125,759 gets breached. If this scenario plays out, Bitcoin could take a multitude of paths (I drew one possible path for illustration purpose). My base case would be a long bear market extending beyond 2030 that would range between this market top and the $20k area. The bear market could also be shorter with a more shallow retracement ($70k being the minimum target) but I see the base case as more likely considering that we could be correcting the full 16 year bull market cycle. Path 2 (35% probability): 🐂 BTC would keep consolidating at the top for a few more weeks then resume its uptrend. In this scenario, Bitcoin is likely to keep trading within the channel established during this bull cycle. Bitcoin would reach the $200k area around 2027 then range between this zone and $150k until 2030 or so. Although not totally invalidated, this scenario would become a lot less likely if BTC breaches $105,580 (in this case the cycle top scenario probability would jump to around 70%). The remaining 20% of probabilities are assigned to other bullish scenarios which I see as less likely including a deeper retracement before resuming the uptrend or a parabolic ascent. #Trading #Tradestr View quoted note →

Quick #Bitcoin price forecast update: There is a high probability (close to 50%) that the top for this Bitcoin cycle is in. If #BTC goes below $105k, then probability would rise to 75% or so. I’ll try to take the time to share more details this week. #Trading #Tradestr View quoted note →

Hybrid PoW/PoS for #Monero would help fighting the fractional reserve practice from shady exchanges. Either they will offer #XMR staking and won’t be able to fake it as rewards will accrue over time and would become a liability for exchanges that aren’t actually staking XMR or a large share of their users will move their XMR to a service that offers staking rewards (or they will do it themselves).

Yes, it is #Epstein who introduced #Melania to #Trump. #USPol #USPolitics

Breitbart

Melania Trump Puts Hunter Biden on $1 Billion Notice over Alleged Defamatory Comments

First lady Melania Trump has put former first son Hunter Biden on a $1 billion notice for allegedly making "defamatory" statements about her.

The #Qubic price dump is going to be as good as a #XMR buy opportunity as the Binance delisting price dump was. #Monero

“The most dangerous part of KYC is that it doesn’t look dangerous. There’s no siren, no red alert. Just a few forms, a phone verification — maybe a bonus if you sign up today. But each form you complete feeds the machine. Not just for you, but for everyone you interact with. KYC isn’t just surveillance. It’s contagious. A single identity-linked wallet poisons the privacy of every address it touches. Chain analysis firms don’t need to know everyone, they just need to know someone. Once that anchor point is set, mapping becomes mathematics. You’re not stacking sats. You’re stacking evidence.” This is one of the best reason as to why we need #privacy on the base layer as opposed to being optional. With optional privacy, the unawareness on the importance of privacy by those you transact with put your own privacy at risk. #Crypto #Monero #XMR #KYC

Know-Your-Customer: Crypto's Quiet Kill-Switch | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Comprehensive presentation by #RichardGage exposing the evidences that the Twin Towers and #WTC7 collapsed due to a controlled demolition. #911

Great to see that the proposal (finality layer) defended by #LukeParker to strengthen the network against merge mining attacks contains some elements of PoS. In the meantime, the #Monero sub Reddit censors open discussions on the matter. Good exemple of pragmatism vs ideology… #XMR #Qubic https://www.reddit.com/r/Monero/comments/1mlvaaf/responding_to_criticisms_of_a_hybrid_powpos/

Is #Qubic’s attack strengthening the cas for #Monero to migrate to hybrid PoW/PoS? Although far to be a total victory, Qubic’s merge mining attack on Monero shedded light on a weakness for pure PoW blockchains. Indeed, merge mining enables an auxiliary chain to incentivize the concentration of the hashpower in exchange of extra rewards. In the case of Qubic, the flaw is more apparent as Qubic has been intentionally adversarial but the same issue would remain for other non-adversarial auxiliary chains such as #Tari or #DarkFi. Because of the extra rewards offered, it would be rational for economically motivated miners to direct their hashpower to those auxiliary chains, hence concentrating hashpower over time. Maybe some smart brains will figure out a solution that would prohibit merge mine on a pure PoW blockchain but assuming this can’t be done, a PoW/PoS mechanism could be an alternative solution. It’s exactly because of security concerns that some PoW blockchains have moved to a hybrid PoW/PoS model. #eCash (a fork of BCH by Amaury Sechet, the founder of BCH), has moved to a hybrid PoW/PoS (Nakamoto+Avalanche consensus) to prevent 51% attacks on the network and improve the user experience (sub 3 seconds finality). The goal of eCash is to be the best form of digital cash which requires fast finality. Still in the case of eCash, it can be debated whether or not digital cash with optional privacy can be the best form of cash (to most Monero folks, the answer would be no). Another example is Boolberry that was relaunched as #Zano with the migration from pure PoW to a hybrid PoW/PoS chain. Here again, security concerns motivated the transition. On the user experience front, Zano also benefited from the integration of PoS by offering faster transaction finality. Notably, it’s likely why Aaron Day chose Zano over Monero for the launch of his point-of-sales system as long finality times aren’t acceptable for in-person merchant payments. It’s questionable whether Zano is secured enough with PoS as the coin distribution was heavily influenced by the Boolberry premine, but this is not an issue that Monero would have. Due to its fair launch, focus on medium-of-exchange and lack of supply held on exchanges (thanks to the delistings) Monero is really well positioned to augment its consensus with PoS without fearing attacks related to the concentration of #XMR in the hands of a few. PoS presents the advantage to lower the barrier to entry to participate in the consensus and earn a share of the coin emission. It should make the network more resilient to the attack of a small actor (let’s be honest, Qubic is a small actor). Plus some PoS consensus such as Avalanche can allow for a high degree of coin concentration without risking the network of being attacked. Even with a classic PoS consensus, Monero would certainly be one of the most secure PoS chain out there. In addition, PoS would enable faster transaction finality which is a key feature Monero lacks to be the best digital cash possible. That said, PoW still has its importance for Monero. In pure PoS blockchains, a new validator joining the network needs to connect to a set of trusted validators to load the blockchain history. Those are usually maintain by the core teams or foundation. The real utility of PoW is to enable a new validator to bootstrap the blockchain in a trustless manner (by seeking the chain with the most work rather than trusting a given set of validators). Hence a PoW/PoS model is preferable to a pure PoS model. It’s no secret that the culture of the Monero community is generally opposed to PoS. Maybe this strong stance is slightly ideologically driven. We certainly can be proud of being one of the few respected PoW blockchain left out there but maybe this Qubic event will change the narrative. Whichever path Monero takes next, hopefully the chain will gain in resiliency.