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1461  Economy / Exchanges / Re: Is the Binance the next to bite the dust or FUD? on: April 21, 2023, 03:48:34 AM
Are you telling me that this is okay with you?
I guess the tone of the post didn't come across. I should have included a /sarcasm tag. Tongue

Hehehe okay. CZ might be looking for some politicians who might accept BNB. Bribing will be much easier and more effective to escape government regulations heheheheh.

@Rikafip. It appears that regulators in Brazil do not accept BNB hehe.
1462  Bitcoin / Bitcoin Discussion / Re: Gary Gensler's SEC sues Crypto Influncers and posts on his Twitter as propaganda on: April 21, 2023, 02:31:17 AM
@rdbase. I am not arguing that there are no scams in the cryptospace but I very much agree. The rules and regulations they use are based on traditional finance and they try to use what the think might apply on the cryptospace. However, in reality, there is not any clear regulatory guidance on the cryptospace. Uncle Gary and the SEC only get the old rules and go on a witchhunt hehehe.

1463  Economy / Speculation / Re: Correction from $30K: Reason to worry? on: April 20, 2023, 07:46:14 AM
yes, I agree with you, even if we look at the chart for a longer period of time, like this year, what happened was the same and there was no correction that was too deep, the percentage did not exceed the increase that occurred.
so I think then there is no reason to worry about how far the price correction will go.
in the last few days the Bitcoin price has been corrected after a significant increase and until now the correction has occurred very little and even today the Bitcoin price has reached a price of $ 30k again

The price correction in the last two months is not too deep for Bitcoin, but when there is a correction like today in the market, at least some people are also starting to feel afraid even though they are not going to sell their holdings right away at this time. Because price correction like now is something that worries those who haven't had the chance to sell after buying, while those who haven't bought is definitely a good moment to take advantage of.

And for Bitcoin investors who like to save for the long term, obviously the current correction thing is a very familiar spectacle for them because in the past there have been a lot of corrections that they have seen, but they have never been bothered by it.



This dump was not the doing of ordinary investors like you and me who support bitcoin. According to some rumors it was a 16,000 bitcoins dump from one individual. Speculations were it was the American government, however, the dump was in Binance. The American government dumps on Coinbase hehehe. Also, memes were being shared that CZ is presently under the custody of Interpol.

1464  Economy / Exchanges / Re: Is the Binance the next to bite the dust or FUD? on: April 20, 2023, 06:39:48 AM
The bank run on FTX would be occured with or without CZ's actions.
Again, I'm not arguing that fact, but that doesn't excuse CZ's actions.

I was only making an argument on how can we trust the regulators' intentions. It is okay for regulators to turn a blind eye on the corrpution and the regulatory evasion of big banks, however, for Binance it is not okay?
Well of course! Banks buy out our politicians and law makers, so they get a free pass to do what they like and launder trillions of dollars.

Are you telling me that this is okay with you? They pay the politicians to do what they want but ordinary people are given a hard time for using bitcoin? This is not okay for me and a victory for CZ will also be a victory for the cryptospace, I reckon.

In any case on FTT dump, the only action that CZ does not have an excuse for is being an asshole. Binance has all the rights to dump FTT.
1465  Bitcoin / Bitcoin Discussion / Re: Gary Gensler's SEC sues Crypto Influncers and posts on his Twitter as propaganda on: April 20, 2023, 05:21:13 AM
@rdbase. I speculate that uncle Gary might also be one of those who invested in Algorand and has lost 90% of his investment hehehe. This might be why he is cracking down on everything in the cryptospace, this might be personal for him hehehehe!
1466  Economy / Exchanges / Re: Bittrex to shut its U.S operations on: April 20, 2023, 04:53:34 AM
@Abiky. What every country needs is clear regulatory guidance on the cryptospace. This is the problem with the US SEC and Gary Gensler. They crack down on the cryptospace, however, they do not have clear rules and regulations to back their cases. Everything is based on traditional finance. It appears that new technology needs new types of regulations.

A good example of this is Ripple. The lawsuit is not going anywhere because they cannot charge Ripple Labs with anything.

1467  Economy / Gambling discussion / Re: [Boxing] Tank Davis vs. Ryan Garcia betting and discussion (May, 2023) on: April 19, 2023, 06:51:21 AM
Tank shaming Garcia into accepting his offer to bet the purse on the fight is one of those things where I have to wonder if they are just doing it to try and get some more eyes on the fight.  I don't think either would actually bet their entire purse on the outcome of the fight no matter how confident they are.  I guess we'll have to wait and see if they sign the contracts, but I don't think any "bet" like this has ever actually played out.  After seeing the clip though, I'm firmly on team Garcia.  I hope he knocks out Tank and gets his purse.  Seems like Tank needs to humbling. 

They should do it! It will make the fight more exciting and it will be very similar to Jake Paul vs. Tommy Fury where the winner takes everything, the loser only has bruises and hospital bills hehehe!

We are on the date of April 19 already! Only 3 more days! I am very excited! I also wish the announcement for Crawford vs. Spence is not an April Fools joke!
1468  Economy / Gambling / Re: $100 to $2519 on Strikebits.com today! on: April 19, 2023, 05:40:08 AM
New poster here, just wanted to share the winnings from my session today on a new casino as I'd like to leave a good review. I deposited $100 to start with and proceeded to hit a few 20x multipliers on $5 bets getting me up to around $370. I then waited for red streaks of 4 or more and then martingaled it all the way up to $2800 then went down to $2519 when I cashed out.
Well done!
I deposited $10 and was able to make $2980. When I wanted to withdraw, the site was asking me to deposit $500 first so that they can verify my account. I could not let the $2980 walk away from me so I deposited $500 and since then I am trying to withdraw the balance but it does not show me a withdraw button. I reached out to their customer support but no one answered. What should I do?

Can you please contact them for me and help me to get my withdrawal processed? Please, please.

Guess what, it's a very old technique. 🤣


It might be because the site only wants to pay someone who has made only 25x from $100 and does want not to pay someone who made 290x from a $10 deposit hehehehe. The percentage of their loss vs. you is much higher than him, so the site began asking you to deposit $500 more to lower it hehehe.

In any case, they have a very good business. If gamblers lose to them, it is revenue. However, if they lose to the gambler, ask him to deposit $500 more and keep it as more revenue.
1469  Bitcoin / Bitcoin Discussion / Re: Gary Gensler's SEC sues Crypto Influncers and posts on his Twitter as propaganda on: April 19, 2023, 04:26:22 AM
@rdbase. There is also a video of Gary Gensler promoting Algorand. The link to the video is included in the article. Uncle Gary should sue himself and also pay for the fine himself hehehheheh. The is head scratching. The cryptospace has created clowns and hustlers out of many people.



The head of the Securities and Exchange Commission, Gary Gensler, has been caught promoting Algorand. Critics are calling him a hypocrite.

Footage has emerged of Gary Gensler, Chairman of the Securities and Exchange Commission (SEC), promoting the cryptocurrency Algorand (ALGO). Gensler, SEC chair since 2021, is spearheading a regulatory crackdown on Bitcoin and other cryptocurrencies.

At one point in the clip, Gensler speaks highly of Italian computer scientist Silvio Micali, the project’s founder. “Silvio Micali’s Alogrand, he’s a Turing Award winner at MIT I work with… Silvio’s got a great technology, it has performance, you could create Uber on top of it.”


Source https://beincrypto.com/sec-chairman-gary-gensler-caught-shilling-algorand-now-deems-it-a-security/
1470  Economy / Exchanges / Re: Bittrex to shut its U.S operations on: April 19, 2023, 03:27:11 AM
~

This is where the problem begins and you admit this yourself. Maximalists argue from a biased view of the cryptospace and consider everything in it has no right to try new things if it is not done in bitcoin. This is not reasonable and it does not allow space for innovation. No one knows what the cryptospace will be, similar to what no one knew what the internet might be when it was invented.

I am not against innovation, let's make this clear!
I'm not against projects like Wasabi or Bisq or Open bazaar or whatever, where I stop sympathizing with so-called "devs" is when they ask for money before having anything other than a plagiarized whitepaper. So my question stills stand, what kind of innovation other than ICO sales are the new regulation hindering? Because you see, bitcoin had no ICO, LN had no ICO, segwit had no ICO, and neither did a ton of things, if we go into the altcoin universe there is nothing without upfront money from investors, sometimes more money than Google would need

So until somebody shows me a real project that was a net benefit to the community and didn't require billion in purchased shitcoins that was forced to leave becuase of this I won't budge from my position, which is that they can all go to h*&^!

This is why I wish CZ will win and show decentralization works.

CZ and decentralization, this was actually funny!


Everything in bitcoin with no space for anything else because everthing that is not bitcoin is a scam, correct?

Also, yes CZ and the decentralization of the different cryptocoins, tokens, and the protocols in the cryptospace. This is not funny. I reckon this is an annoyance for the regulators hehehe. CZ holds billions in crypto, how can the government take it from him? How can the government stop him from moving them from address to address or convert them to Monero where it cannot be detected?
1471  Economy / Service Discussion / Re: OpenBazaar v3 on: April 18, 2023, 03:15:13 AM
Even considering Bitcoin and cryptocurrency become more popular in last 3 years, i have doubt they'll make comeback even if  unless they don't improve UI/UX of their software. I remember merchant have to keep their computer/server online all the time (to make their goods searchable by user) and user need to install software which is a bit resource demanding where search took some time.

Agreed, also part of the reason of low activity in Openbazaar might be because much of the holders did not buy bitcoin to spend, they bought it to hold as an investment. There might be some of them who might try it to buy something occassionaly, however, they might also not use it as their first choice of currency for shopping much of the time.
1472  Economy / Speculation / Re: Correction from $30K: Reason to worry? on: April 18, 2023, 02:39:26 AM
My vote is for no, we should not worry. Inflows on bitcoin have been coming from institutional investors according reports backed up with data being shared in social media. This week, bitcoin has $100 million of inflows.

The coin holders that should be preparing for a big dump are the holders of ethereum. The latest upgrade has unlocked billions of dollars in staked coins and it appears some of them are being deposited to exchanges.



Crypto exchanges received a net inflow of 179,500 ether (ETH), worth some $375 million in the four days after Ethereum’s Shanghai upgrade went live, according to crypto data firm CryptoQuant.

CryptoQuant data shows that traders deposited 1,101,079 ETH to exchanges between April 13 and April 16, while only removing 921,579 tokens. This was the largest four-day net inflow in a month.

Investors transferring tokens to exchanges usually indicates they are preparing to sell, which may lead to a price decline.


Source https://www.coindesk.com/markets/2023/04/17/exchanges-receive-375m-influx-of-ether-since-shanghai-upgrade-as-price-hits-11-month-high/
1473  Economy / Exchanges / Re: Bittrex to shut its U.S operations on: April 18, 2023, 01:58:46 AM
I am of course heavily biased since I'm a bitcoin maximalist to the core but if it were from my point of view I would ban completely any coin offering or limit it to the value of the assets the company has at the moment of the launch. You have $1000 in assets that's how much you can get in from selling shitcoin, no stuff liKe getting 4 billion in funding and ending with...EOS?
Would you cry over them not being allowed to operate in your country? I wouldn't!

This is where the problem begins and you admit this yourself. Maximalists argue from a biased view of the cryptospace and consider everything in it has no right to try new things if it is not done in bitcoin. This is not reasonable and it does not allow space for innovation. No one knows what the cryptospace will be, similar to what no one knew what the internet might be when it was invented.

In any case, a news update on the lawsuit against Bittrex. The SEC declares that Algorand, Dash, OMG Network and more in what was said to be a nonexhaustive list. This is head shaking because Bittrex risked growth of the exchange by following the rules when the SEC began issuing warnings on tokens issued as illegal securities. This is why I wish CZ will win and show decentralization works.



SEC Labels Algorand and Five Other Tokens as Securities in Bittrex Lawsuit

The Securities and Exchange Commission (SEC) categorized six cryptocurrencies as securities in its lawsuit against crypto exchange Bittrex on Monday, highlighting them as potentially pivotal assets in an enforcement action against the Seattle-based firm.

The crux of the SEC’s complaint against Bittrex is that the platform failed to register with the watchdog as an exchange, broker-dealer, or clearing agency—a requirement for offering securities to customers in a manner regulated by the Securities Exchange Act of 1934.


Read in full https://decrypt.co/136990/sec-bittrex-lawsuit-algorand-five-tokens-securities
1474  Bitcoin / Bitcoin Discussion / Re: Warren Buffett Blasts Bitcoin as 'Gambling Token' as BTC Surges 35% in 30 Days on: April 18, 2023, 12:16:31 AM
~snip~
Traditional finance is a much larger casino than the cryptospace so uncle Warren does not have the right to criticize us.

He or anyone else has the right to criticize anything and anyone if we live in a democratic society where every individual has the right to express his opinion. What's wrong is that after 10 years of his criticism of Bitcoin, you or anyone else still finds such news worthy of attention.

Heheheh in an argument when you tell someone that he has no right, it really implies that he is being unreasonable or unfair hehe. It does not mean that he really has no legal right hehehehe. However, yes he can tell everyone his opinion, similar to I have a right to share any news.
1475  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Chinese coins pump coming? on: April 17, 2023, 04:55:20 AM
Hello, with Hong Kong looking to lift ban on crypto in a few months June 1st 2023. Could we see huge gains coming from the next bull market from the following coins: Filecoin (FIL), VeChain (VET), Neo (NEO) and Conflux (CFX).

What are your thoughts?

I speculate Conflux and some of the projects created in this blockchain might have a pump that will be very much similar to the Shiba Inu token. I heard it is being considered as the Chinese Ethereum by some people in the cryptospace already.

There has also been an integration of 2 of Ethereum's most important DeFi protocols in Conflux.



Conflux Integrates Uniswap V3 And Curve Into China’s Market

Conflux, the first blockchain that complies with China’s stringent regulations, has proposed using CNH (offshore Chinese Yuan) stablecoin alongside Uniswap v3. Additionally, eCFX, the Ethereum mainnet currency CFX that has bridged to the blockchain, has been proposed as the blockchain’s entry into the Curve Wars.

The Uniswap community benefits from more trading opportunities involving USD and CNHC pairs when Uniswap v3 is deployed on Conflux eSpace. Also, Binance’s recent announcement that it will facilitate the mainnet integration of CFX tokens from Conflux Network will benefit the proposal.


Source https://www.investingcube.com/conflux-integrates-uniswap-v3-and-curve-into-chinas-market/
1476  Bitcoin / Bitcoin Discussion / Re: Warren Buffett Blasts Bitcoin as 'Gambling Token' as BTC Surges 35% in 30 Days on: April 17, 2023, 03:17:52 AM
We're tired of encountering FUD and nonsensical comments, but even Bitcoin seems fatigued and unresponsive to such remarks. Nevertheless, Bitcoin remains in bull mode. Although Bitcoin may not hold the same significance for everyone, for us, it is a cryptocurrency that facilitates borderless transactions without the need for a third party. Hence, those with a centralized mindset may not appreciate Bitcoin. It's best to disregard them and move forward. I'm not bothered by such FUD in the least.

I reckon it might not be very nonsensical because much of the people who have gone into bitcoin are also here to speculate on the price, trading on leverage and to get rich quick. However, what we can also argue is it is very much similar to the stock market and the other markets of traditional finance. Traditional finance is a much larger casino than the cryptospace so uncle Warren does not have the right to criticize us.
1477  Economy / Speculation / Re: The Big Short movie, BTC edition? on: April 17, 2023, 02:02:11 AM
Is this part of Operation Chokepoint 2.0?

It appears that the speculation on stablecoins being deputized to be the gateways for inflows and outflows of fiat for the cryptospace might become true. A draft for a bill on stablecoin legislation has been created in United States congress.

DeFi and open finance stablecoins will become illegal, however, licensed stablecoins similar to USDC will be permitted and might also have the support of the government on liquidity.



A BILL

To provide requirements for payment stablecoin issuers, research on a digital dollar, and for other purposes.


Source https://docs.house.gov/meetings/BA/BA21/20230419/115753/BILLS-118pih-Toproviderequirementsforpaymentstablecoinissuersresearchonadigitaldollarandforotherpurposes.pdf
1478  Economy / Services / Re: [CFNP] Yo!Mix Bitcoin Mixer Signature Campaign| Reward up to $130/w | 2/2 escrow on: April 17, 2023, 01:21:45 AM
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Welcome aboard. Please wear signature and avatar then make a post with the total number of post counts after this comment.

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1479  Economy / Services / Re: [OPEN] Yo!Mix Bitcoin Mixer Signature Campaign| Reward up to $130/w | 2/2 escrow on: April 16, 2023, 01:52:02 AM
Current number of post (Including this one): 10511
Rank: Legendary
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Merit earned in the last 120 days: 80
1480  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: April 15, 2023, 02:33:12 AM
It appears that the Washington Commanders might be sold the the group of John Harris, who is also the owner of the Philadelphia Sixers. I am not quite certain what would the effect of this on the team, however, the Sixers are presently not doing very bad under Harris' ownership.

According to some articles Harris bought the Sixers for $280 million and it is presently valued at more than $2 billion. Should Commanders fans be optimistic? I am certain Uncle Ron is quite happy heheheh.



Washington Commanders owner Dan Snyder and Josh Harris, who co-owns multiple professional sports teams, have reached an agreement on a sale of the franchise to Harris' group for an NFL-record price of $6.05 billion, NFL Network Insider Ian Rapoport reported on Thursday, per sources.
Rapoport added that the sale is not final nor signed and no agreement has been sent to the league for approval, but a finalized sale is expected if all goes well.


Source https://www.nfl.com/news/dan-snyder-nearing-deal-with-josh-harris-group-to-sell-washington-commanders-fra
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