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I am voting for no for this month because there is a rumor that the SEC has sent wells notices on many projects' founders telling them that they will be charged for selling and distributing illegal securities. I am not certain what projects, however, according to Bankless podcasts much of the Defi projects founded under American jurisdiction might have received wells notices.
This rumor if it becomes news, this might cause a dump on the whole cryptospace including bitcoin. I am quite aware that bitcoin cannot be charged of anything but the actions of the SEC will create fear on markets of the cryptospace.
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@AverageGlabella. I disagree on your assessment that Bones Jones did not train for this fight, however, I certainly agree that Cyril Gane is is very much underestimated for this fight. Jon Jones did not fight 3 years and he is returning on a new weight class vs. the best heavyweight UFC fighter? This might be uncle Dana's biggest error. Also, there 3 sexy fighting kittens. Where are their pictures hehehehee.    |
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According to some people in social media, Barry Sibert's Digital Currency Group has $262 million in cash but they have a loan of $575 million that should be paid on May and a $1.1 billion loss through Genesis Global. The question everyone should want to ask but they might only be afraid is DGC presently insolvent? What will happen to Grayscale? The venture capital firm focused on cryptocurrencies – Digital Currency Group (DCG) – reportedly marked a loss of $1.1 billion last year.
Some of the primary reasons for the downfall were the collapse of the crypto market and the bankruptcy of its subsidiary – Genesis.Source https://cryptopotato.com/crypto-giant-dcg-revealed-a-loss-of-over-1-billion-in-2022-report/ |
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@BlackBoss_? Agreed that it might not last long, however, these buying of accounts for scamming, for multiaccounting or moneylaundering appears to be very common. I speculate that much of these complaints from people who had their withdrawals blocked and was asked for KYC again but could not submit the proper identification are from people who are using someone else's identity.
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Does the Falcons have the money to give Lamar a contract for 5 years that is fully guaranteed very much similar to Massage Watson's contract with the Browns?
Also, the article mentioned that it will also open a window for the superbowl for the Falcons if they can trade for Lamar? Is this real? I am shaking my head. The Dolphins might have a bigger window for the superbowl with Lamar, I reckon.
I am not so sure Lamar will be available as the Ravens can always put the exclusive franchise tag on him and if the negotiations fail he will still have to play for the Ravens, however if Lamar wants out he could follow the formula that Kirk Cousins used to get out from the Commanders and receive the tag on consecutive years and by the third year the tag becomes so expensive the Ravens will have to let him go and only receive compensatory picks instead of actually trading for him. This is the only way I see Lamar opening a SB window for any team other than the Ravens, because if a trade has to take place for him to play at any other team then not only they will have to pay the huge salary of Lamar, severely limiting the option of bringing free agents, but a trade for him at minimum will entail 3 first round picks and this will limit the amount of talent which can be brought on the draft too. I could see that happening too. The problem is that franchise tag is so front heavy. Who knows what happens but that's probably the best scenario for everyone. Let's not ignore Lamar does get hurt and laying pit a $300 contract for a guy who can easily miss a quarter or half the games would wreck your squad. That cap is tough and expensive quarterbacks tend to constrain teams to not being able to get people around them. I'd steer clear if I was atlanta to be honest. My next question is which team would be the most to give the risk to trade Lamar for the type of contract that he wants. A contract very much similar to Massage Watson. Also, which team has the money to give Lamar his contract? The teams where I want to see Lamar go and that might also have the money are Miami Dolphins and the Las Vegas Raiders. They also need a good quarterback. |
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I suppose not much has changed after all these years. I remember years ago CZ was interviewed and he also said something like they're everywhere. In other words, they don't have a base or a headquarter. I suppose much of their employees are scattered across the world working on a remote basis. But I guess they have registered offices in different countries. Official and legal communications could use their addresses. Not to mention that other Binance entities have their own headquarters.
I also remember the interview. If I remember it correctly, he also implied that Binance smartchain will very much be a big part of Binance's progression to become a more decentralized exchange where their jurisdiction might be will not be very important. Regardless of what CZ says, it seems to me that the headquarters of the company is in the headquarters of CP China in the sense that the boss will run there if things go downhill. If you look at it from that perspective, then CZ runs a perfect global business, and its HQ can be wherever it comes to mind.
I very much agree. Similar to Justin Sun, the future king of the cryptospace, CZ also has very poweful backers from China. |
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Even though most people can expect bitcoin price to increase during March, but please don't ignore this one. I read the news that The Block posted a while ago, and may soon change some perspective on the potential March price. Only I don't expect it to be FUD, but of course the market will be affected by it. Here's the news: Mt. Gox creditors may finally start seeing their bitcoins this monthMt. Gox creditors may start seeing their first bitcoin payments this month as the window for repayments is set to open.
Creditors are expected to receive early repayments from March 10 onward, while the deadline for such payments to be completed is September 30, according to a January statement. This is for the first tranche of repayments — including early lump sum payments and intermediate payments — with further amounts set to come later.
“Well, for myself, I had pretty much written off the Bitcoin I still had on Mt. Gox in 2014 as a loss, so philosophically anything I get back now is a bonus to cold store,” said Blockstream CEO Adam Back, who is a Mt. Gox creditor, via Telegram.
“It has stretched on for many more years than anyone expected, and so it will be welcome I am sure by any creditors to finally get paid,” he added. If the news is not FUD, the skeptical me is also thinking that because of the timing of MtGox repayments, there might be people who want the market to dump. This is also not the only bad timing. Ethereum's Shanghai update will be on March also. It would be head shaking if they will be scheduled only 1 week apart hehehe. Ether’s (ETH) price action is expected to be “cautious” until the Ethereum blockchain’s Shanghai upgrade, due later this month, as the market is concerned about a supply overhang, Bernstein said in a research report Wednesday.
The Shanghai fork will allow ether that has been staked and is now locked to be withdrawn for the first time.Source https://www.coindesk.com/markets/2023/03/01/ether-supply-impact-from-the-shanghai-upgrade-is-limited-bernstein/ |
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Btw being winter aren't miners having a by product which is helping to keep their homes/houses warm so how is this a problem?? Besides, this is not a free service they are getting, they pay for this electricity.
I shake my head whenever I hear this type of argument from the community. This is not very much similar to a house heater that you can control which part if the house is heated and control the temperature with a switch. The heat also cannot be collected and directed to be used over a large scale to make it a serviceable solution. Also, I speculate that the power companies would like to take advantage of the demand, however, the regulators are the problem. This will only cause miners to mine illegally or make some under the table deals with lawless minded people from the power companies. |
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and thats the silly stuff that needs correcting.. they are not wrote into satoshis. they are placed as dead weight data into the witness area which is separate to the value stuff. and when value is spent the next tx has no references in a spending tx that even references the dead weight data. when/if the silly ordinals go bad and/or casey changes his algo to change which output he deemed is owner. and people are left realising they overpaid for something they have no claim over.. they will say bitcoin cheated them I do not quite understand how trading NFTs will work in ordinals. How is trading possible in ordswap.io if there are no references to the artwork or the data? You appear to be telling everyone that people might lose their NFTs, however, trading has begun without complaints from the people. https://ordswap.io/In any case, there are many bitcoiners in social media that say NFTs in bitcoin are dead but it might only be the beginning, I reckon. We cannot be certain where this will stop. It can be argued that it might bring more adoption on bitcoin. |
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Does the Falcons have the money to give Lamar a contract for 5 years that is fully guaranteed very much similar to Massage Watson's contract with the Browns? Also, the article mentioned that it will also open a window for the superbowl for the Falcons if they can trade for Lamar? Is this real? I am shaking my head. The Dolphins might have a bigger window for the superbowl with Lamar, I reckon. The Falcons would probably sell the farm for Lamar Jackson
While Falcons owner Arthur Blank has hyped up quarterback Desmond Ridder’s leadership abilities and liked his four-game sample, don’t kid yourself. If Jackson is available for trade, the Falcons will probably move heaven and Earth to make that happen. Blank has been a mostly reliable owner throughout his tenure (the Deshaun Watson saga notwithstanding), but he’s never gotten his team the Lombardi. Sure, they came close, but horseshoes and hand grenades, etc.
The prevailing wisdom around the situation is that the Falcons surely wouldn’t give up a mountain of draft picks and sacrifice the cap for even a player of Jackson’s talent given the recent issues.
But, c’mon, of course they would.
Jackson is quite literally everything a franchise like Atlanta covets: a marquee player at the game’s most important position who will open a Super Bowl window, sell a ridiculous amount of jerseys, fill the empty seats that have plagued Mercedes-Benz Stadium for years and get people actually talking about the Falcons again.Source https://www.thefalcoholic.com/2023/2/28/23613620/the-falcons-would-probably-sell-the-farm-for-lamar-jackson |
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@Betwrong. Why are you not sharing this? We also like to win some cryptocoins like you hehehehe. From the odds you are showing everyone, did you place your bet before this thread was created? The odds for Everything Everywhere was 2.50 in coinplay.com and it was 3.50 in sportsbet.io when I created this thread.
I reckon the last chance of All Quiet is on March 7. If odds do not reduce to 5.00, I reckon Everything Everywhere is a certainty to win the award for the best movie and the Hollywood agenda is not antiwar hehe.
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Agreed, however, this is not about the amount of liquidity of BUSD in the exchange. This is about the recognition of trust on BUSD. Coinbase made it appear to everyone in the cryptospace that BUSD is not trustworthy. Look at the market capitalization of BUSD. It is down $5 billion since announcement from Paxos. Tether is up $4 billion and USDC is up $1 billion hehehe. The whales from the cryptospace think Tether is the most trustworthy stablecoin? |
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The next stage might be during the trial of Sam later this year where some witnesses will be put on the stand to speak about what CZ did on FTT without giving the whole information on why CZ liquidated their position on FTT.
Is CZ/Binance even required to disclose why they liquidated their FTT position? They're investors in the FTT token, and they have every right to sell it as long as it's already vested (which it already was) without the need to disclose the reason as Binance is a private company anyway. I was not implying that CZ would be called on the witness stand. I was speculating that it would be some FTX employees would be given time to speak during the trial as witnesses to tell the whole story. People in the cryptospace already know it was CZ that triggered the liquidity cascade on FTX's leveraged positions backed by FTT as collateral. However this might be big news for people from the mainstream. An occurence worthy for a movie about hustlers and scammers hehehehe. In any case, if CZ was called on the witness stand, I reckon he would be forced to tell the truth and nothing but the truth. I am not certain if he can hide behind nondisclosure agreements or invoke his right to privacy in court. |
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Good news for NFT lovers, bad news for NFT haters. Yuga Labs, the creator of Bored Apes Yacht Club and who also owns the rights for other bluechip NFTs has launched Twelvefold NFT collection in the bitcoin blockchain. I am not quite certain when an exchange for NFTs similar to opensea.io will be created for bitcoin NFTs, however, I am quite certain Twelvefold will by very popular for the NFTspace. Yuga Labs, the creator of the Bored Ape Yacht Club, announced the release of a new bitcoin-based NFT collection called TwelveFold.
The collection will consist of 300 generative art pieces inscribed onto satoshis on the Bitcoin blockchain.
Inscriptions, also known as digital artifacts, are created when a file, such as an art image like those created for TwelveFold, is written (or inscribed into) units of Bitcoin called satoshis, the smallest individually identifiable units of Bitcoin.Source https://www.theblock.co/post/215504/yuga-labs-drops-bitcoin-based-nft-collection-twelvefold |
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The SEC, the American media and Binance's competitors from America. It appears Changpeng Zhao might have a very challenging year for 2023. I reckon he should ask for some business maneuvering advice from Paolo Ardoino of Tether on how to avoid a government takedown, how to manage media attacks and how to manage stress hehehe. Also, CZ should start asking for assistance from his backers from China.  Coinbase has recently announced in one of their recent tweets that the exchange is planning to suspend the trading of Binance USD (BUSD). The exchange mentioned that trading will be suspended on March 13, 2023, at or around 12:00 p.m. EST.
The exact reason for the delisting has not been mentioned. However, Coinbase stated that they regularly monitored the assets on the exchange to ensure they met the listing standards.
Binance and BUSD are going through a tough time due to increased SEC scrutiny of stablecoin issuer Paxos. Paxos was asked to stop issuing BUSD, and the stablecoin started slipping away from its peg. However, at press time, the BUSD has regained its peg. There has also been a drop in the market cap for BUSD recently due to ongoing issues.Read in full https://watcher.guru/news/coinbase-to-suspend-binance-usd-busd-trading |
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For the skeptical me, this paywalled article appears for me that American media has begun to publish the first stage of their after FTX fud campaign against CZ and Binance hehehe. The next stage might be during the trial of Sam later this year where some witnesses will be put on the stand to speak about what CZ did on FTT without giving the whole information on why CZ liquidated their position on FTT.  Binance’s Asset Shuffling Eerily Similar To Maneuvers By FTX
When you’re the world’s largest crypto exchange in a largely unregulated market, it is easy to make up the rules as you go. In its latest backroom maneuver, Binance transferred $1.8 billion in stablecoin collateral to hedge funds, including Alameda and Cumberland/DRW, leaving its other investors exposed.Source https://www.forbes.com/sites/javierpaz/2023/02/27/binances-asset-shuffling-eerily-similar-to-maneuvers-by-ftx/However, this article with more information makes me shake my head. Is this media attack by Forbes real or fud? Forbes, yet again, investigated the on-chain activities of Binance and discovered that the exchange transferred $1.78 billion in users’ funds to various hedge funds. The article reveals that the Changpeng Zhao-led exchange completely emptied its collateral for B-peg USDC without reducing its supply.
Binance issues a B-token to facilitate the usage of other blockchain tokens in the BNB chain. The exchange is supposed to issue B-token only after storing 100% collateral of the original token. For example, for every 100 B-USDC, it must have 100 USDC as collateral.
However, the exchange broke its rules on Aug. 17, withdrawing $3.63 billion from its peg wallet to the “Binance 8” cold wallet. It then returned $1.85 billion to the peg wallet but transferred the remaining $1.78 billion to a Binance 14 cold wallet. Later, the exchange distributed the funds to a trading firm, Cumberland, Amber Group, Alameda Research, and TRON founder Justin Sun.
When Binance withdrew $1.78 billion USDC on Aug. 17, it did not decrease the supply of the B-USDC. The collateral fell to zero, and the exchange did not correct it for four months.
The article also states that B-USDC was deficient by over $1 billion on three different occasions. Forbes believes Binance is misusing customers’ funds, similar to the bankrupt exchange FTX.Source https://beincrypto.com/binance-misusing-customers-funds/ |
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@Baofeng. Yes and very much similar to the ICOs in the cryptospace, they will create another storyline to again make the fans very intruiged and they will certainly be buying tickets and payperviews hehehe. This will be declared the Paul-Fury trilogy. I am not quite certain if this will be the type of fights that will put the sport of boxing forward, however. I reckon the fans should be more demanding of the best boxers to challenge each other like Crawford vs. Spence.
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I encountered a Facebook post from the sports page that John Riel Casimero is now ranked #5 in the Super Bantamweight in WBO.
But checking the current rankings, he is still not ranked by the WBO and still, only WBC ranked him. I don't know if that's just a made-up article lol.
I would be happy if that happened since Casimero is now getting an inch closer to a possible title match.
With so many fights that will happen this year, I am sure his rank will go higher as they are all focused on defeating Inoue. New blood, they may want to have a taste of him. Luis Nery didn't waste the opportunity to go up the ladder and defeated Azat Hovhannisyan in a TKO and now he is getting near the tile. Casimero, as I checked my favorite rankings website is just below them. Very soon he will be up against the top contenders and a possibility for his aim to fight Inoue or getting back his championship title. That's interesting, if given a chance Casimero will not waste any to bring his name back on top, though it's a new division but the good thing here is he might have that chance to fight Inoue, if both will continue to win on their respective upcoming fights the chance that we might see negotiations between both camps is very possible. Patience is a virtue here. If we hope to see that time will come for both of them inside the same ring, it's really something that might take place. This move to a higher weight division will be good for Casimero because he had problems in weight cutting before in bantamweight. However, he might wait for a very long time before he can get his opportunity to challenge the monster hehehe. Inoue has his ambition to unify the championships of the super bantamweight division and be the first fighter to do it. This implies that if he is the winner against Fulton he will accept the rematch then he will challenge Akhmadaliev for the unification. It also implies that also this fight will also have a rematch clause. Casimero should also first prove himself by challenging Fulton or Akhmadaliev if they lose twice each against Inoue. The problem however is Inoue might go higher again to featherweight. He should forget about the monster Inoue though, he had his chance but he blew it already. The first thing that he should do is to capture a belt here. He is now on good position as he bolster and go to rank 5 in the WBO. Let Fulton vs Inoue fight each other, and then fight the next highest rank that is available to him. Probably just 2 fights and he will be in for a world title again, regardless of how it is. Agreed. Casimero has nothing to offer Inoue except if he is holding a super bantamweight championship. However, you mentioned that he is ranked 5 in WBO. Stephen Fulton is the champion of the WBO super bantamweight division and Fulton is scheduled to fight Inoue already. I reckon he should challenge someone with a high ranking in WBA or IBF then challenge Murodjon Akhmadaliev the WBA and IBF super bantamweight champion hehe. |
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 This is an old meme. But, Whenever I see this one. I laugh at crypto bans. Surely there will be some panic in the market, which will also affect the market. But Hey, You are in 2023. The government is nothing without you. Bitcoin is spreading day by day, and people understand its benefits. If big countries ban Bitcoin, I don't think every country will follow them. Others will try to get benefit from it. China banned Bitcoin and mining plenty of times. Still, we saw a massive ATH in 2021. Such things will happen. But, Remember, Bitcoin has a limited supply. There will be scarcity, and everyone won't own Bitcoin at some point. Hehehe agreed. Also, it appears that the American government is beginning to accept that they cannot ban cryptocoins and the cryptospace. However, they will create strict regulations where it will make it harder for us to buy cryptocoins and where the easiest way to buy them is through illegal services hehe. According to the details from the meeting, the G-20 presidents’ group received collaborative support from the International Monetary Fund and the US. Speaking to Reuters, Yellen mentioned that there won’t be an outright ban but rather a strong regulatory framework.
“We haven’t suggested the outright banning of crypto activities, but it is critical to put in place a strong regulatory framework. We’re working with other governments,” Yellen said.Source https://watcher.guru/news/cryptocurrencies-safe-from-ban-us-treasury-secretary-promises-robust-regulations |
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