News update. When did Sam engineer a giftof $10 million to his father? Within 1 year of CZ's action to dump FTT? This might be already planned as a countermeasure fund and if it is really a countermeasure fund then Sam might have already known that FTX would collapse 1 year before anyone else. Former FTX CEO Sam Bankman-Fried is reportedly paying millions to his defense lawyers using stolen funds. The accusation has come from lawyers on behalf of the now-collapsed crypto exchange. Specifically, they are claiming that the founder is paying $10 million in his defense using money that was misappropriated.
CNBC reports on the initial accusation against Bankman-Fried. Moreover, lawyers have stated that the FTX founder “engineered a gift” of $10 million to his father, Joe Bankman.Source https://watcher.guru/news/ftx-claims-bankman-fried-is-paying-millions-to-lawers-using-stolen-fundsThere are also rumors that Sam was seen outside the building of the district court for the southern district of New York. It appears all these jokes we were making about Sam being an informant for the American government might be true hehehhehee. |
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I saw the update just now on his twitter. Users can now deposit up to 0.05 BTC and withdraw for as little as 0.000002 BTC in fees.
I asked why deposits in the lightning network are restricted unlike other networks? It might be because there presently is not much liquidity in the Lightning network to send more than 0.05 BTC and expect them to be recieved successfully 100% all of the time. I reckon it can handle a higher amount per transaction, however, Binance might be starting it more cautiously then slowly increase the limit over time. |
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Or all this Binance FUD finally comes to an end.
I speculate that this Binance FUD will never end unless CZ goes to prison, he leaves Binance or Binance is taken down. There are people behind traditional finance similar to George Soros' group and Larry Fink who might be behind the FUD and want to take over to become the new kings of the cryptospace. If everyone thinks the clowns and hustlers like CZ, Justin Sun, Sam Bankman-Fried, Barry Silbert are criminals, wait for the real criminals from traditional finance to come in hehehehee. |
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I am Seeing Bitcoin Market is Not good Its Correction every Time
It can Hit $25000 ?
Yes it can certainly dump to $25k, however, it might also form a bullish divergence with the 14 day RSI which might imply that it will pump there after. This dump should be welcomed by buyers because clearly buying on $25k is better for your money than buying on $30k.  Also, there are unexpected occurrences in the cryptospace that should make everyone more bullish and know that we are at the end of the bear market. Occurence 1 is Ripple's victory against the SEC. Occurence 2 will be spot ETF approval. |
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Robert F. Kennedy Jr has outlined his plan to create a new public debt issuance that will be backed by bitcoin and precious metals. He also said that bitcoin trading will be exempted from capital tax gains under his administration. This will certainly create big headline news hehe. It also appears that Bukele will also find a friendly American government towards El Salvador if papa Robert wins hehehehe. The both of them are bitcoiners. “My plan would be to start very, very small, perhaps 1% of issued T-bills would be backed by hard currency, by gold, silver platinum or bitcoin,” Kennedy said, describing his vision for returning to a hard currency standard in the U.S.
In addition, Kennedy announced his administration “will exempt the conversion of bitcoin to the U.S. dollar from capital gains taxes.”Source https://www.thestreet.com/cryptocurrency/rfk-jr-announces-plan-to-back-dollar-with-bitcoin-end-bitcoin-taxesJust imagine what will happen to Bitcoin exchange rates if Kennedy wins somehow. Not only the prices will reclaim the peak that was attained in 2021, but there is a good possibility that we will reach six digits. When Trump was elected in 2016, a lot of people had high hopes on him. But he didn't do much in favor of cryptocurrency. Let's hope that Robert F. Kennedy Jr. will be different and will keep his promise in case he is elected. But then, the chances of Kennedy getting the Democrat nomination is close to zero. Trump might have spoken against bitcoin and the cryptospace, however, his administration did not actively tried to crackdown against it. There might have been a few attacks, however, it was not similar to an aggressive campaign against crypto like under the Biden administration. The next national convention of the Democrats will be on August 19 where they will nominate their candidate for the 2024 presidential election. According to the news, Biden is leading but Robert Kennedy should not be underestimated. I was also looking for odds on the Democrats' nominees but I found something very funny on coinplay.com. Hunter Biden bets heheheheee! https://coinplay.com/line/special-bets/1420985-special-bets/177700903-hunter-biden-special-betsI do not promote coinplay.com, do give me red trust hehehe. |
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^^ Right, Perhaps it was just bad stylistic matchup for Teo Lopez that time. As he can't adjust to the style of Kambosos as he was being beaten to the punch. Although he try to rally late in the rounds in that fight, was not enough for him to overcome the big lead early by Kambosos.
No, it is not about being in a bad matchup. I reckon Teo can fight almost anyone and win in the lightweight and super lightweight divisions. It might be Teo lost vs. Kambosos because he had personal problems that might have affected him in his training and certainly caused him not being 100% for the fight. Also, he only lost in a split decision with less than 70% of his capabilites. If they fought today, Teo would win and it might also be with a knockout. |
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If anyone of you was not aware, the Japanese are known in using psychological warfare before the fight to cause more anxiety to an opponent who is already suffering from anxiety because the fight. They used this against Nonito Donaire in his rematch vs. Inoue. It was rumored that random people would knock on Nonito's door every hour who are pretending to be fans to prevent him from sleeping. There were also other issues like not allowing Nonito's gloves to be used and other little problems like no chairs, no water available in his locker room.
However, it appears Fulton's team is very smart. They are using the Japanese tricks against Inoue's team so Fulton can rest and concentrate only on the fight hehehe.
Ohh, this is not good but there might be some truth to this. I hope Fulton is aware of this tactics and be ready to whatever those Japs threw at them. Might be that "cake thing" was one of them. I have not heard about the cake thing hehe. What is it? In any case, yes I am quite certain that Fulton's team is aware of these dirty tactics. This might be why they are using tactics that are a little similar on Inoue, like demanding a blood test before the fight or making small complaints on the hand wraps. These are types of psychological warfare to annoy and make the opponent more anxious. I reckon none of team Inoue's psychological tricks will work and this is why I predict a split decision win for Fulton. |
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I'm surprised they keep that much money in hot wallets. In my mind, hot wallets are only meant for amounts you can afford to lose. It makes me wonder how much money they process if they consider this "pocket change".
It might because that much money are the inflows and the outflows made by the payment processor on a daily basis? As already mentioned by others, Alphapo is a business to business processor for crypto gambling services. What we should worry about is which casinos are using Alphapo's services. I reckon if you have some coins in big gambling operators, you might be safe because they can absorb the loss. But withdraw if you have money you do not want to lose if held in a smaller casino. |
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@Darker45. I am not saying that you are specifically tricked by the news. I am only implying that most of the time, all of us are influenced by what we read from mainstream news media. They will use different statements that might make the truth appear more abstract and make it appear that something else was being said.
On the ruling, as the judge declared, XRP as a digital token is not in and of itself a contract, a transaction or a scheme that embodies the howey test requirements of an investment contract. This is a very important statement the sets the precedent that many of the other crypto projects' tokens are not illegal securities. If the SEC wants to argue differently then they should appeal the ruling. We should not be tricked that sometimes it is a security, sometimes not. The ruling clearly declares that it is not. I'm now wondering whether you have actually read or understood the entire decision. It's not wrong to paraphrase the decision if only to make it brief and direct to the point, therefore, easier to digest, for as long as the point is there. Not saying everything verbatim is not equivalent to "mak[ing] it appear that something else was being said." We're not being tricked here. We're simply repeating what is there in the decision itself. But let me just bring you to the actual text of Judge Torres: "For the reasons stated below, the SEC’s motion is GRANTED in part and DENIED in part, and Defendants’ motion is GRANTED in part and DENIED in part." "For the foregoing reasons, the SEC’s motion for summary judgment is GRANTED as to the Institutional Sales, and otherwise DENIED. Defendants’ motion for summary judgment is GRANTED as to the Programmatic Sales, the Other Distributions, and Larsen’s and Garlinghouse’s sales, and DENIED as to the Institutional Sales." The decision does not declare that XRP is " sometimes it is a security, sometimes not". Those are your own words, your personal interpretation. And those are the wrong words and interpretation. The decision is actually founded upon the fact that "the SEC alleges that Ripple engaged in three categories of unregistered XRP offers and sales: (1) Institutional Sales under written contracts for which it received $728 million; (2) Programmatic Sales on digital asset exchanges for which it received $757 million; and (3) Other Distributions under written contracts for which it recorded $609 million in “consideration other than cash.”" The court's decision is based on these three different categories, and they ruled as follows: - On Institutional Sales: "the Court concludes that Ripple’s Institutional Sales of XRP constituted the unregistered offer and sale of investment contracts in violation of Section 5 of the Securities Act."
- On Programmatic Sales: "the Court concludes that Ripple’s Programmatic Sales of XRP did not constitute the offer and sale of investment contracts.
- On Other Distributions: "the Court concludes that Ripple’s Other Distributions did not constitute the offer and sale of investment contracts."
These different decisions are the reason why there is not only one winner in the case. Clearly, the court favored the SEC in one category and opposed as to the other categories. In the same manner that it also granted Ripple's motions in some categories and denied in the other one. And I repeat that Judge's Torres decision is not based on the XRP token alone but upon consideration of "the economic reality and totality of circumstances." Yes I am aware of the totality of the judge's decision. However, and I am only saying, that it is very important for us not to be confused on what the judge's ruling on XRP really implies. The ruling states clearly that XRP as a digital token is not in and of itself a contract, a transaction or a scheme that embodies the howey test requirements of an investment contract.This is the part of the case where all of the other cryptocoin and token projects can use as precedent when they begin fighting for their own legal battles. In next coming months, I reckon that we should not get distracted and be influenced by legal terms or specific details of the case that might leave us more confused. The ruling on XRP has already been made very clearly. On how Ripple's case ends after the SEC's appeal, I do not care. I am only talking about the present ruling on XRP. It is not a security. |
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Breaking news.
A baldish man speculates that his hairline is growing back and he thinks that he is never making a mistake on this speculation.
The source of this breaking news? The baldish man.
I don't quite understand this, which I assume is irony. FYI, I have a good hairy head. Do not make the mistake of being tricked by the baldish man. This appeal is created to spread fear, uncertainty and doubt.
Instead of continuing to make fun of the bald guy, explain one thing to me: according to you, if Ripple and the rest of shitcoins are not securities, what are they? I am only finding humor on uncle Gary's reaction hehe. In any case, if you are asking about my unqualified opinion, my honest reply would be I do not know what they are. Are they commodities, currencies or utility tokens? I do not know. However, what I know is the SEC certainly also does not know what they are because they do not have clear guidelines. It took a judge to make a ruling for them that XRP tokens by themselves are not illegal securities. |
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If anyone of you was not aware, the Japanese are known in using psychological warfare before the fight to cause more anxiety to an opponent who is already suffering from anxiety because the fight. They used this against Nonito Donaire in his rematch vs. Inoue. It was rumored that random people would knock on Nonito's door every hour who are pretending to be fans to prevent him from sleeping. There were also other issues like not allowing Nonito's gloves to be used and other little problems like no chairs, no water available in his locker room.
However, it appears Fulton's team is very smart. They are using the Japanese tricks against Inoue's team so Fulton can rest and concentrate only on the fight hehehe.
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Kambosos won the fight, but I was personally unimpressed on how he fight and it seems he was gifted with this win. Even after Kambosos won, and in his interview i the ring, you can hear the boos in the background. But he justify that there are close rounds and he could have been favored by the judges. However, as we say, a win is a win, so Kambosos got lucky and so his career continues again with Top Rank. Agreed. On his record, Kambosos was only very lucky on the timing when he fought Teofimo Lopez, I reckon. I am aware that Teo has not fought a big name before Lomachenko which also Teo was lucky on the timing, however, if Teo and Kambosos fought today, does everyone think Kambosos would win? @YuginKadoya. There are no sexy fighting kittens in these boxing cards heheehhe. |
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@Darker45. I am not saying that you are specifically tricked by the news. I am only implying that most of the time, all of us are influenced by what we read from mainstream news media. They will use different statements that might make the truth appear more abstract and make it appear that something else was being said.
On the ruling, as the judge declared, XRP as a digital token is not in and of itself a contract, a transaction or a scheme that embodies the howey test requirements of an investment contract. This is a very important statement the sets the precedent that many of the other crypto projects' tokens are not illegal securities. If the SEC wants to argue differently then they should appeal the ruling. We should not be tricked that sometimes it is a security, sometimes not. The ruling clearly declares that it is not.
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@bbc.reporter I remember that knee injury which ruined that event well for me anyways and also McCann getting just dominated by Erin Blanchfield which wasn't really surprising. But this one should be alot better in London which will be an early start for the ones from the states. The weigh-ins have already happened and the face-offs are going on right now as shown below: UFC London: Ceremonial Weigh-Inhttps://www.youtube.com/watch?v=3BTeDb-cTTkDid you see how quickly Tom Aspinall got the knockout? I change my statement. He did not perform below his real capabilities. He cannot perform to show his real capabilities because he is not yet given the right opponent. He might be ready for Jon Jones, I reckon. I am not telling everyone that he would certainly win, however, Tom is a higher caliber fighter compared to everyone in UFC heavyweight except Jon Jones. |
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^^ If I'm not mistaken, it should be in their contract to have blood testing under the WADA so ensure that both are clean. And for obvious reason, it will be random, and so they shouldn't complain about the one that is going to take their blood sample at any time, regardless if they are sleeping then they have to wake up. So there should be no issue. But I guess boxers doesn't want to have their blood taken, not sure what is the reason for that. Maybe it break their momentum or it's more psychological for them. And if you are clean then why you wouldn't be afraid of it? Doesn't make sense at all.
Agreed. These are all rumors to keep the fans' attention. Similar to mainstream news, these sportsnews media outlets also sometimes do not have anything to write anymore, so they begin creating rumors. In any case, the thread should have a poll. There might only be 3 voters for Fulton including me hehehe. It is head scratching why the champion's odds is 3.70 because it will be Inoue's first time to fight in super bantamweight, Fulton is also bigger, more athletic and has an intelligent jab which could be a problem for the Japanese fighter. My present prediciton. This might be a split decision win for Stephen Fulton. If only this fight will be held in Las Vegas, I would go the same with your pick. Don't have anything against Japan but whenever their boxers fight in their backyard they always win via decision, seldom I could see a foreigner wins by decision. A fight of this magnitude and if ever this goes to the full twelve rounds, I have Inoue the winner.  ^^ Still a juicy odds i think. That is also a possbility. The both of them have never been knocked out before in their careers. However, my argument is if it reaches a decision, it will give a higher chance for Fulton to win than Inoue, I reckon. Inoue's best strategy here is to knock him out as early as he possibly can or else he gives Stephen Fulton some opportunities to collect points and win rounds. |
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Numbers are out of the Garcia vs Davis fight, and it was reported that it made $100 million.  https://twitter.com/RyanGarcia/status/1681758159889891328And then Ryan Garcia made $30 Million ++, Obviously Gervonta Davis made more $40 million ++. So the next superfight is Spence-Crawford, and so we will see how big the money will be for them and maybe it's hard to topple the numbers that Garcia-Davis did here. We should hope that those numbers would encourage other good fighters of boxing to negotiate deals and fight each other hehe. Another fight that I wish should collect a good amount of money is the superfight between Inoue and Fulton. But it appears not much people are very excited about this except for boxing fans. Also, the fight will not be on a weekend which is strange. Why did they not make Inoue vs. Fulton in Las Vegas? It would certainly collect more money there than in Japan. That would be too much too ask mainly in this era where politics are more important compared to the figures that they could get if they give the people a fight that they wanted. It would be an entertaining fight for sure if that will happen but again, it's just too much to ask. For the Fulton vs Inoue fight, I'm sure that Bob Arum already considered having it in Las Vegas but considering that they chose to make it in Japan, that just means that they are generating more revenues compared if it will happen inside the US. Hehe it is difficult to disagree, however, it might stop being too much to ask if the ratings of MMA will begin to be higher consistently and surpass boxing. Why should they wait before this? Also, these fighters in boxing should not put unfair agreements in their contracts and force their opponents to sign. It drops the value of the sport. Yes, I am talking about Tank's rehydration clause for Ryan Garcia. Why does Tank care what Ryan weighs during the fight? |
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^^ If I'm not mistaken, it should be in their contract to have blood testing under the WADA so ensure that both are clean. And for obvious reason, it will be random, and so they shouldn't complain about the one that is going to take their blood sample at any time, regardless if they are sleeping then they have to wake up. So there should be no issue. But I guess boxers doesn't want to have their blood taken, not sure what is the reason for that. Maybe it break their momentum or it's more psychological for them. And if you are clean then why you wouldn't be afraid of it? Doesn't make sense at all.
Agreed. These are all rumors to keep the fans' attention. Similar to mainstream news, these sportsnews media outlets also sometimes do not have anything to write anymore, so they begin creating rumors. In any case, the thread should have a poll. There might only be 3 voters for Fulton including me hehehe. It is head scratching why the champion's odds is 3.70 because it will be Inoue's first time to fight in super bantamweight, Fulton is also bigger, more athletic and has an intelligent jab which could be a problem for the Japanese fighter. My present prediciton. This might be a split decision win for Stephen Fulton. |
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Breaking news. A baldish man speculates that his hairline is growing back and he thinks that he is never making a mistake on this speculation. The source of this breaking news? The baldish man. Do not make the mistake of being tricked by the baldish man. This appeal is created to spread fear, uncertainty and doubt.  The US Securities and Exchange Commission (SEC) asked a federal judge today to appeal parts of a recent ruling in the Ripple Labs case. The SEC says the decision doesn’t square with existing securities laws.Read in full https://watcher.guru/news/sec-signals-appeal-to-crypto-ripple-ruling |
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Numbers are out of the Garcia vs Davis fight, and it was reported that it made $100 million. https://twitter.com/RyanGarcia/status/1681758159889891328And then Ryan Garcia made $30 Million ++, Obviously Gervonta Davis made more $40 million ++. So the next superfight is Spence-Crawford, and so we will see how big the money will be for them and maybe it's hard to topple the numbers that Garcia-Davis did here. We should hope that those numbers would encourage other good fighters of boxing to negotiate deals and fight each other hehe. Another fight that I wish should collect a good amount of money is the superfight between Inoue and Fulton. But it appears not much people are very excited about this except for boxing fans. Also, the fight will not be on a weekend which is strange. Why did they not make Inoue vs. Fulton in Las Vegas? It would certainly collect more money there than in Japan. |
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I think we need a set of new rules for the crypto industry.
If not I think there will be more and more lawsuits in the coming future and not gonna end in Binance.US or Coinbase. maybe cases like XRP will showed up again.
On the other hand, DeX is highly unregulated so yeah it offers us more privacy and control but in some cases US dont like it at all
DeX is more transparent in terms of transaction control, and there is no need to come up with new legislation for these exchanges. Only whitelists and KYC for each wallet are enough. DeX provides no privacy when used across many ecosystems, and most trading takes place within the Ethereum ecosystem and its L2 layers. I shake my head if you of all the people in the forum support the whitelisting and the imposing of KYC on self custodied wallets. What are we supporting decentrlzation for if we accept this? This is where I begin to appreciate the bitcoin maximalists' argument on anonymity and the fight against censorship. We should be very cautious on this issue, I reckon. We might be tricked into accepting something that might make the cryptospace function like a duplicate of traditional finance. |
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