The last articles on Barry Silbert were breaking news about Digital Currency Group exposed of owing $3 billion to creditors. However, the cryptospace market does not show that this news might have a negative effect on the market's present attitude. Is the news on Barry and DCG irrelevant already or will we witness something similar to what is being shown in this chart?  |
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~snip~
So as always, get your coins in to your own wallets. Who in their right mind is still using centralized exchanges at this point!?
Apparently millions of those who live in the belief that CEX are crypto banks and that there is no reason not to trust them. Even when the famous CZ is included in the whole story with the claim that 99% of users will sooner or later lose everything if they use non-custodial wallets, I'm not at all surprised that almost nothing has changed after FTX. After all, even some forum members who have access to information see nothing wrong in continuing to believe in various crypto messiahs who promise them that they will never let them down. Whales use centralized exchanges because the markets in them have more liquidity. Give me an example of a decentralized exchange where a trader who trades millions of dollars per trade can buy or sell everyday without moving the market. In any case, for ordinary people in the cryptospace similar to many of us, I agree. This is a reason why there is an argument that ordinary people in the community should try Defi. We can trade in Defi without giving up the custody of our coins. |
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From social media hehehe. This idea for a new horror movie. The Chargering.
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Golden globes are not an indicator for the Oscars. There is a very clear difference between popularity and artistic approach. Like for example the whole thing with the difference is the winner of best actor, Austin Butler looks like 6.00 odds here, third, not even second and yet we still see him be the winner, along with Colin Farrel as well, who is second but no Brandon Fraser anywhere.
All in all, if it is a movie that is based on making the acting shine more than the story, there is a good chance for Oscars, or if there is a good political message that tells a story about a time that was normal back then and seen as such a bad period now, there is a good chance there too.
You are correct, it is not. The Oscar awards and the Golden Globe awards have different groups of artists and workers from the movie industry who vote for their candidates. The politics and the agenda is also different hehehe. However, we should always look for those changes in the odds. Brendan Fraser's odds for best actor has changed to 2.25, Colin Farrell is 2.62 and Austin Butler 2.75. Also for best picture, the Fabelmans odds has changed to 3.50, Everything Everywhere All At Once changed to 2.75 and The Banshees of Inisherin to 2.50. This might be best picture for Banshees, I reckon. I speculate that when the official nominations are announced, Banshees will be on 1.80 or lower. Source https://coinplay.com/line/tv-games/2374009-academy-awards-2023-special-bets |
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Jon Jones might fight Cyril Gane on March for a championship. However, whether this championship will be for the interim championship or the real championship is not confirmed. According to Ariel Helwani, there are also rumors that the UFC will remove Francis Ngannou from the heavyweight championship. Jon Jones and Ciryl Gane will reportedly clash for the heavyweight title in the main event of UFC 285 on March 4.
Rumors of the contest started swirling earlier this afternoon after a photo of Jones vs Gane was seen advertised at the T-Mobile Arena in Las Vegas.Source https://www.bjpenn.com/mma-news/ufc/report-jon-jones-vs-ciryl-gane-to-fight-for-heavyweight-title-at-ufc-285/Source https://mobile.twitter.com/arielhelwani/status/1614400996834414597Ariel Helwani also mentioned that the information was released by mistake when an employee of the T-Mobile Arena displayed this very early without the announcement from uncle Dana hehehehe.  |
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a company with any debt is bad.. it shows they are not profitable/self sustainable
I very much disagree. It is normal for companies to have debts as long as the company has the cashflow to pay for the monthly interest payments and have the collateral to back up the loan. What is not good is if the company, very much similar to DCG, has payables that they are not willing to honor and the lender has began accusing the company of public lies, private lies and bad accounting practices. According to the Financial Times, Genesis Global owes $3billion to creditors. Crypto broker Genesis owes creditors more than $3bn, prompting its owner Digital Currency Group to explore selling assets in its large venture portfolio to raise money, according to people familiar with the matter.Source https://www.ft.com/content/eb22bfab-ef05-48ce-83de-ebb904a35dcaEveryone can call me an antagonizer, however, this pump on bitcoin might not keep going. The dump will occur unless Barry's problem is settled. |
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Binance, the world's largest cryptocurrency exchange by trade volume, is planning to increase its staff numbers by 15% to 30% in 2023, chief executive officer (CEO) Changpeng Zhao said Wednesday at the Crypto Finance Conference in Switzerland. https://finance.yahoo.com/news/binance-says-plans-expand-hiring-041426149.htmlBinance are hiring more people and Coinbase, also one of the biggest Crypto Exchanges are slashing almost a fifth of it's workforce. It just shows you how different markets, influence different exchanges.  However, what are the different markets? The whole cryptospace follows the market of only one cryptocoin. In any case, where does everyone speculate Binance will get the cashflow to expand their staff by 30% when the other exchanges are tightening because of the shortage on cashflow? Another question is in what currency will Binance pay their new staff? If this is in BUSD, I would not be shocked if they have began issuing unbacked BUSD and fractionalized this more. |
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@Boafeng, @bisdak and the other boxing experts in the forum. What would a victory bring for Benavidez? Does this make him the next mandatory challenger vs. Canelo Alvarez? There were some articles that mentioned Canelo wants a rematch vs. Bivol but Bivol wants a light heavyweight unification fight vs. Beterbiev. This might be head shaking and it might make it appear that Canelo is afraid to risk his championship status in a fight against Benavidez hehe.
What are your speculations or predictions?
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Dear users, I apologize for the long absence from the topic, most of the problematic cases will be resolved today.  Also, please be prepared for the fact that if you have submitted a withdrawal request, you will have to go through KYC (bonus accounts). I want to be clear - since the launch of no deposit bonuses, we have had many problems, some of which we underestimated. The first and main problem is multi-accounts, as soon as the user loses the bonus, he simply registers a new account and starts again (and this, unfortunately, can continue indefinitely). These problem cases lead to constant review and prevent us from focusing on the implementation of our planned updates. It's a good thing that you are resolving the problems As soon as you can since I myself is expecting that this will happen. There are too many abusers lurking out and multi accounting is one way that they can abuse the no deposit bonus as it happened to many casino. It can surely improve the traffic from your casino but it doesn't mean it can sustain you long term given that whenever you remove the no deposit bonus, those abusers will simply leave out on your casino. I'm guessing that you will soon change the bonus rules to have the necessary growth you need in developing and implementing updates. A no deposit bonus? I have never seen a no deposit bonus in Neodice before, however, there are 3 gamified faucets that can be abused very easily if someone has a lot of extra time and the patience to play the faucets until it reaches minimum withdrawal amount of $20. I mentioned this in the thread before but someone replied that no one would this because the amount given by the faucet is very small. It appears he underestimated human cheaters hehehe. |
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So the Winklevoss twins on their Twitter posted what has happened with Gemini Earn, Genesis and 3AC. It actually all boils down to GBTC.
Remember when the premium was very high. It was free money to put BTC into the fund and collect the premium. They loaned 3AC those bitcoins which they kept the premium and in turn GBTC had a higher market cap and more money for Barry. Everyone was happy, making money for taking no risk pretty much until the premium magically disappeared and created all this mess.
Now that I think of it, Barry really should be under investigation for this entire ordeal which created this entire mess.
Are you talking about this tweet? https://mobile.twitter.com/cameron/status/1612806661508567042I think that it might be much more than GBTC's premium that magically disappeared that created this problem. According to Cameron Winklevoss there were public lies, private lies and accounting fraud on the side of Barry Silbert. However, it appears that Barry is winning hehe. Winklevoss twins appear to have a case on Barry but do they want to take this to court? They might not want to do this because it might implicate themselves. The SEC is watching hehehe. The Securities and Exchange Commission on Thursday charged crypto firms Genesis and Gemini with allegedly selling unregistered securities in connection with a high-yield product offered to depositors.Source https://www.cnbc.com/2023/01/12/sec-charges-genesis-and-gemini-with-selling-unregistered-securities.htmlGemini might be the next exchange to bite the dust? |
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Do Kwon might have done it correctly because he only scammed his users and his fellow ponzi schemers hehe. It is speculated that he is in Singapore.
Various media have reported on Do kown hiding locations in Singapore and Serbia, maybe your explanation above is very logical because without the involvement of important people in the loss case, the case will be handled slowly and may not be prioritized. Even if the reason is due to the extradition process because South Korea does not have an extradition agreement with the Council of Europe, any efforts can be communicated with other countries to help the process of catching fraud perpetrators even if they are in the territory of other countries. This case is very different from FTX, SBF has been arrested even though he is in another country and of course the role of the victim from important people is very influential to emphasize that this case must be resolved immediately. I hate to promote Governmental overreach, but Yes, maybe the USA needs to file criminal charges against Do Kwon too and seek his extradition.. There might be no need, I reckon. Do Kwon did not take money from anyone important. He only took the money of ordinary American people. Seeking for his extradition might begin in 5 years if the government remembers him or it might also never happen heheehe. |
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However, the article also mentions that FTX still remains short the amount of what the exchange owes their users and their creditors. Sam also tweeted something which appears to show that he wants to fixthis problem. He is clearly doing this to avoid imprisonment hehe. However, what are the chances that Sam does not go to prison and FTX is given a bailout similar to the bailout given to Silvergate bank? Sam's parents are lawyers who are politically connected to the Democratic party, yup my sense is that is and always has been the best recovery scenario for customers. I think that them being made substantially whole is a real possibility; I think we were possibly a few weeks away from getting there in November. (US is solvent, should make everyone whole.)Source https://mobile.twitter.com/sbf_ftx/status/1613328989732601857 |
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It appears the quickness and speed of how long the regulators act on a case also depends on who were scammed by the scammers. Sam Bankrupt-Fried has chosen the wrong people to scam hehehehe. According to some news articles, the investors that Sam scammed included Robert Kraft the owner of the New England Patriots, Tom Brady the quarterback of Tampa Bay Buccaneers, his super model wife Gisselle Bünchen, Joe Tsai the cofounder of Alibaba and other sports celebrities.
Do Kwon might have done it correctly because he only scammed his users and his fellow ponzi schemers hehe. It is speculated that he is in Singapore.
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Silvergate Capital Corp. shares plunged after the bank said the crypto industry’s meltdown triggered a run on deposits, prompting the company to sell assets at a steep loss and fire 40% of its staff.
Customers withdrew about $8.1 billion of digital-asset deposits from the bank during the fourth quarter, which forced it to sell securities and related derivatives at a loss of $718 million, according to a statement Thursday. Huh. And here I though one bitcoin = one bitcoin. But it turns out if a customer deposits one bitcoin, the price of bitcoin in fiat falls, and they then try to withdraw that one bitcoin, suddenly that one bitcoin isn't worth one bitcoin anymore and the exchange needs to sell a bunch of other assets to let that one bitcoin be worth one bitcoin again? Isn't that weird!  In other words, they were doing what every other insolvent exchange over the past few months has been doing, and were running a fractional reserve system while using customers' deposits to gamble on various investments for their own profit, loan out to questionable third parties for their own profit, or maybe even just spend outright like FTX were doing. Hehehe, however, it appears that they will not be one of the next platforms to bite the dust. Silvergate bank recently might have received a bail out of $4.3 billion from the Federal Home Loan bank of San Francisco. This occured before the news article from Yahoo Finance. It appears everyone is late on this update. However, Silvergate bank might still be a takeover target especially because of the $4.3 billion that they are presently holding hehehehe. At December 31, 2022, the Company held $4.3 billion of short-term Federal Home Loan Bank advances.Source https://ir.silvergate.com/news/news-details/2023/Silvergate-Announces-Select-Preliminary-Fourth-Quarter-2022-Financial-Metrics-and-Provides-Business-Update/default.aspx |
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There are some differences in odds of the Oscar awards in different categories. For best actor, the Golden Globe awards have Austin Butler as a very big favorite for his performance as an actor in a drama role in Elvis. The odds for him in the Oscar awards is 4.00. I suspect Austin Butler being such a big favorite has something with Brendan Fraser saying that he won't attend the Golden Globe ceremony even if he gets nominated because he claimed to be sexually assaulted back in 2003 by the former Golden Globes president Philip Berk so I guess that's their way of getting back at him. Colin Farrell is another very big favorite for his acting in a comedy in the Banshees of Inisherin with odds of 1.09, however, his odds for best actor in the Oscar awards is 3.00. In this case, odds are so different because Oscar has only one best actor category so there he has to go against Brendan Fraser. Ke Huy Quan won the Golden Globe for best supporting actor for the movie Everything Everywhere All At Once. The first name he mentioned in his thank you speech was Steven Spielberg and Spielberg acknowledged him. Are you scratching your head? You should watch Indiana Jones And The Temple Of Doom again hehehehehe. Ke Huy Quan was the actor playing the role of Short Round. |
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@CoinPlay_official. I was looking for articles about Sam Bankman-Fried and how high is the chance that he might go to prison and serve a sentence and I found this prediction market created in Polymarket. https://polymarket.com/event/will-sbf-be-federally-indicted-by-eoy/will-sbf-be-federally-indicted-by-eoyThe liquidity is very low, however. But might this be something Coinplay wants to offer in the site? I am quite certain there are some frequent gamblers in the community who will like to bet money on this when the trial begins on October. |
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Good news for NFT speculators and collectors. However, the article also mentions that the marketplace does not support buying and selling of NFTs yet but this might be a signal that China will begin reversing their policies on digital assets beginning with NFTs. After years of hostility towards the digital asset sector, China appears to be taking steps toward embrace nonfungible tokens.
The website for the China Digital Trading Platform (CDEX), a Chinese state-sanctioned secondary trading platform for NFTs and other digital assets, launched on Jan. 1.Source https://thedefiant.io/china-launches-nft-platformAlso, if you are holding an NFT project with founders that has rugpulled, this might also be good news hehehe. I speculate we might see those founders suddenly appear again with new updates and tell their holders that they never rugpulled or never left the project hehehehehee. A criminal complaint was unsealed today in federal court in Brooklyn charging Aurelien Michel, a French national residing in the United Arab Emirates (UAE), with defrauding purchasers of “Mutant Ape Planet” NFTs, a type of digital asset, of more than $2.9 million in cryptocurrency. The defendant was arrested last night at John F. Kennedy International Airport. His initial appearance is scheduled for this afternoon before United States Magistrate Judge James R. Cho.
As part of the scheme, NFTs were marketed to purchasers, who were falsely promised numerous rewards and benefits designed to increase demand for, and the value of, their newly acquired NFTs. After selling out of the NFTs, the purchasers were “rug pulled” – a cryptocurrency scam in which a developer attracts investors, but pulls out before the project is complete, leaving buyers with a worthless asset – as none of the promised benefits were provided. Instead, millions worth of the NFT purchasers’ cryptocurrency was diverted for Michel’s personal benefit.Source https://www.justice.gov/usao-edny/pr/non-fungible-token-nft-developer-charged-multi-million-dollar-international-fraud |
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@franky1. According to some people in social media, Barry Silbert was the first person to have loaned money to Sam using only FTT as the collateral. I reckon after this act, it might have become an acceptable form of collateral for other future creditors of Sam also.
In any case, after everything we have witnessed with Barry, he should have bought only Bitcoin and Ethereum during 2016 and held them instead of pumping Ethereum Classic and those other altcoins. He also caused his own problem by creating funds that cannot be redeemed and other schemes for all of those altcoins.
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In any case, this look for changes in the odds after the Golden Globe awards on January 10. Some of the big changes could be something similar to trading signals.
Situation will be much clearer after that, but the odds are better now.  Odds for the Golden Globe awards. https://coinplay.com/line/tv-games/2488676-golden-globe-award-2023There are some differences in odds of the Oscar awards in different categories. For best actor, the Golden Globe awards have Austin Butler as a very big favorite for his performance as an actor in a drama role in Elvis. The odds for him in the Oscar awards is 4.00. Colin Farrell is another very big favorite for his acting in a comedy in the Banshees of Inisherin with odds of 1.09, however, his odds for best actor in the Oscar awards is 3.00. Odds for the Oscar awards for comparison. https://coinplay.com/line/tv-games/2374009-academy-awards-2023-special-betsWe might find some trading signals hehehehe. |
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