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2101  Economy / Gambling discussion / Re: 🥊 The UFC Info and Prediction Thread on: October 20, 2022, 02:01:30 AM
Bantamweight: Petr Yan vs. Sean O’Malley

That’s the only fight I really care about or will watch. I’m really curious how it’s going to go. Yan looks like the better and stronger fighter, but when you watch his fights he doesn’t seem to have real knock out power when he lands good shots. Sean is the opposite. He doesn’t look like he could punch his way out of a wet paper bag, but when you watch him fight he knocks people out clean regularly. This is probably why they say Yan has fought much better opponents. I’m very curious how this is going to go.

How this will go? I am quite certain that in this fight we will witness many leg kicks from Petr Yan on Sean O'Malley's chicken legs hehe! There will also be Petr Yan's takedowns. I am a fan of O'Malley similar to that I am also a fan of Paddy the Baddy, however, do not be hyped by the UFC's marketing team hehehehe.
2102  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: October 20, 2022, 01:31:15 AM
Does anyone need a competent wide receiver in their team as a flex option or a WR2? I want to trade Tyler Lockett for another wide receiver with similar points projections. I was looking at the waiver wire, however, it appears not one wide receiver is available who is in his level.

Amusingly enough I've cut 3 of the 4 Wideouts directly under Lockets expected season totals and the one I didn't cut hasn't played a game yet! Cheesy

So you have a pretty good field to choose from if you want to drop him.

Above him I would not target Thomas or Cooks but the rest seem like an upgrade...Hmmm actually I think I would want Cooks over Locket.


https://football.fantasysports.yahoo.com/f1/1195465/players?&sort=AR&sdir=1&status=ALL&pos=WR&stat1=S_PSR_2022&jsenabled=1



Anyone want Gordon???  Cheesy


He's a gamble right now so I'm selling low.

Running back Gordon III of the Denver Broncos? I would trade him if I still have Cam Akers heheheeh. He is clearly much better choice. I speculate that Akers might never play for the Rams again. It also appears that the Rams are asking the Panthers about McCaffrey. The 49ers are also asking about him. Between those teams I want him to go to the 49ers hehe. It might be their pass to the playoffs.

@nutildah. This is worthless, however, you might like this if only to look at it hehe.

https://opensea.io/collection/non-fungible-league
2103  Economy / Gambling discussion / Re: Boxing Speculation, Odds and Predictions on: October 20, 2022, 12:53:25 AM
Deonatay Wilder and Andy Ruiz appears to have rescued their own careers and will be given another chance to fight the champion Tyson Fury if one of them wins in this final eliminator hehehe.



WBC Confirm Wilder-Ruiz As Final Eliminator For Shot At Tyson Fury

President of the World Boxing Council, Mauricio Sulaimán, has announced that a fight between Deontay Wilder and Andy Ruiz Jr will be ordered as a title eliminator, following Wilder’s demolition of Robert Helenius on Saturday night.

Wilder announced his comeback on Saturday night, with a brutal stoppage win over Robert Helenius. It took the 36-year-old just three punches to dispose of his opponent and in doing so has brought a newfound buzz back to the heavyweight division.


Source https://boxing-social.com/news/wbc-confirm-wilder-ruiz-final-eliminator/


In any case, should Tyson Fury also have a fight versus Usyk for the unification of all the heavyweight championships?
2104  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: October 19, 2022, 03:17:42 AM
Does anyone need a competent wide receiver in their team as a flex option or a WR2? I want to trade Tyler Lockett for another wide receiver with similar points projections. I was looking at the waiver wire, however, it appears not one wide receiver is available who is in his level.
2105  Bitcoin / Press / Re: [2022-06-17] Bitcoin mining becomes unprofitable as BTC price falls on: October 19, 2022, 02:53:11 AM
According to the Block cryptonews website, revenue for bitcoin miners fell down by 16.2% for the month September based on monthly revenue from August. It has also been falling for 5 months this year since November 2021 since Block Research began compiling mining revenue data.

However, there is also another news that reports that a cryptomining hardware maker has raised $13 million in seed funding to create liquid cooled bitcoin miners. Do the venture capitalists that invested in this company speculate that we might be on the bottom of this bear market? Why risk $13 million in an industry with declining revenues?



Bitcoin mining revenue fell 16.2% in September to about $550.5 million, marking its fifth decline in the last six months and the lowest total since November 2020, according to data compiled by The Block Research.

Source https://www.theblock.co/post/174445/bitcoin-mining-revenues-down-16-2-in-september



Crypto hardware technology startup Fabric Systems has raised $13 million in seed equity funding, with the capital to be used to build two products – a liquid-cooled bitcoin miner and a computer processor for advanced cryptographic algorithms such as zero-knowledge proofs.

“Most of the funding is going to be used on the Bitcoin side,” Fabric co-founder Michael Gao told CoinDesk. “Some of the funding will be used for pilot experiments in the zero-knowledge-proof side.”


Source https://www.coindesk.com/business/2022/10/13/crypto-startup-fabric-systems-raises-13m-seed-round-to-provide-blockchain-hardware/
2106  Bitcoin / Press / Re: [2022-10-04] US Sen. Cynthia Lummis 'I Love That Bitcoin Can't Be Stopped' on: October 19, 2022, 02:11:39 AM
@cr1776. However, I reckon it is easy enough. Much of the people in the cryptospace have it stored personally in the custody of their own and have stored their seed words and private keys safely. The hacks and thefts that were being reported were mostly from exploits and bugs that were taken advantage by hackers in the code of Defi protocols and centralized exchanges.

If we are talking about personal wallets containing more than 1 bitcoin, how much of them were hacked? It might not be more than 5% of them.
2107  Economy / Exchanges / Re: UK Regulator Warns Exchange FTX Is Providing Services Without Authorization on: October 19, 2022, 01:43:21 AM
News update.

There another securities regulator that is going to investigate FTX and Sam Bankman-Fried and it will be the a Texas securities regulator. There was not much details that were shared, however, it implied that it might be something with Voyager. FTX and Alameda Research was reported to have made loans from Voyager that remain unpaid.



FTX US and its founder Sam Bankman-Fried are under investigation by Texas’ securities regulator, marking yet another expansion of enforcement agencies’ probes into the crypto industry’s activities.

The investigation was detailed in a late Friday filing by Texas State Securities Board enforcement director Joe Rotunda in the bankruptcy case of Voyager Digital VYGVQ –18.29%  “The Enforcement Division is now investigating FTX Trading, FTX US, and their principals, including Sam Bankman-Fried,” Rotunda said in the filing.


Source https://www.barrons.com/articles/ftx-us-sam-bankman-fried-probe-securities-regulator-51666020282


Will this cause another panic in the cryptospace similar to Luna panic and 3 Arrows Capital panic?
2108  Economy / Service Discussion / Re: Suspected Tornado Cash (Ethereum mixer) developer arrested on: October 19, 2022, 12:52:56 AM
@PrimeNumber7. The developer of Tornado Cash is the person being held in a prison for charges the government are not quite certain what. This might end in something similar to Ross Ulbricht where it was possible that the judge, the jury and everyone working in the court knew already what type of sentence was going to be given.

In any case, have these type of sanctions gone to the extreme? Clearly yes.

It also appears that Ethereum users will need an application to know if certain coins came from Tornado Cash hehehehe.



On Wednesday, David Hoffman, a crypto evangelist and host of the popular industry podcast Bankless, filed suit against the Treasury Department over sanctions it issued earlier this year against Tornado Cash, a tool that anonymizes cryptocurrency transactions. (Coin Center, a think tank for the industry, joined him in the suit.) According to the Treasury’s Office of Foreign Assets Control, the department’s sanctioning arm, the blacklisting is a response to the Lazarus Group, the North Korean hacking army it claims has stolen and laundered some $500 million. The problem, though, is that Tornado Cash isn’t a company or a person — it’s code that lives on the ethereum blockchain, and there’s no way for anyone to control or destroy the protocol. Since Tornado Cash isn’t an entity, it can’t appeal. It’s up to people like Hoffman, who claims he may be forced to affirm every year that he’s not a criminal — not because he has used it or has some connection to North Korea, but because he once had someone send him money using Tornado Cash.

Source https://nymag.com/intelligencer/2022/10/have-u-s-crypto-sanctions-gone-too-far.html
2109  Economy / Gambling discussion / Re: [Boxing] Crawford vs Spence on: October 17, 2022, 04:49:07 AM

Pacquiao wants Spence vs. Crawford winner

Manny Pacquiao was asked if he’d be interested in fighting the Errol Spence Jr vs. Terence Crawford winner and his response was "why not if that's possible?".

To make that happen though, he needs to come out from retirement. Smiley

I like Pacman, I respect what he has done in the sport of boxing, however, I did not know that he is presently a comedian. If he won versus Ugas to hold the WBA welterweight championship, I will think maybe there is an argument for Pacman. However, Ugas was gave a very convincing performance and has shown Pacman's old age.

I honestly have not read the article yet. This might be another sarcastic statement from Pacman and the sports news media are turning it into clickbait hehe.

Pacman is not done yet if he thinks he can still fight, he still has the fans and I think if there was not changes of opponent, there's a chance that he can give Spence a big problem in the fight in case he would still lose. He is a very discipline man, and I think fans would still want to see him, so why not?

However, it is not about his opinion on his readiness to fight the kings of welterweight boxing or the opinions of the fans. It is about if he is really ready. Considering that he was dominated by Ugas, how can we trust Pacman's words if he was serious. Also, if his fight versus Errol Spence was not cancelled, some people might be making stretcher jokes about him.
2110  Economy / Service Discussion / Re: Suspected Tornado Cash (Ethereum mixer) developer arrested on: October 17, 2022, 03:17:39 AM
Also, was it not argued before that code is free speech? I have heard this mentioned many times in the cryptospace before.  

*snip*

I reckon this certainly makes the sanction on Tornado Cash also an attack to free speech.

It certainly is, and that quote has surfaced a lot when this news spread. It's just that apparently the US authorities only respects free speech when it's convenient.

Someone should certainly do something especially if you are an American. It is a free speech rugpull hehe. If there is not a landmark case created and win to precede all of the other similar cases that might occur in the future, the freedom we presently have in the cryptospace or also on the internet will become much smaller and the rights we presently enjoy will be more unreliable.
2111  Bitcoin / Bitcoin Discussion / Re: #btc Hashrate Reach New ATH a day ago, will the bull run has begun? on: October 17, 2022, 02:12:30 AM
This could be result of next halving cycle thats coming close day by day. It might be that various farms are restarting themselves and adding up the power of "lost china" miners when it was banned recently and full operations were closed down. That is pretty big difference which was balanced out by rest of the world miners, however it seems slowly they are building back with other miners. Every miner knows this is amazing opportunity to gain more coins in the wallet as they reach to the another halving cycle and thus aftermath is risen prices. This is helpful for them to profit the most during the high tide wave and keep the mining operations running smoothly. It's really a tug of war, the more we go ahead in the time, the higher hashrates would be there.

If there are miners who want to accept all the higher costs, lower revenues and if they have assessed that they can survive another 24 months of this bear market, who can argue against that? Also, they need to be quite certain that the bull market will return in 24 months.
2112  Bitcoin / Press / Re: [2022-06-28] Bitcoin mining revenue mirrors 2021 lows, right before BTC breached on: October 17, 2022, 01:53:11 AM
@SFR10. I reckon in these type of circumstances CZ might be more fair than usual. Binance is a service in the cryptospace that cannot afford bitcoin to fail because if it fails, everyone will know the real definition of cryptowinter hehehe. Yes there might be a reason to profit for CZ, however, it might also something quite similar to an equitable transaction for everyone involved.
2113  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: October 16, 2022, 02:34:39 AM
I dropped Cam Akers. He has been having problems in his team and Sean McVay. Lucky person to the one holding Henderson hehehe. According to Yahoo Fantasy it is a personal problem and Sean McVay will not release a statement whether he remains to be the RB1.
2114  Economy / Gambling discussion / Re: [Boxing] Crawford vs Spence on: October 15, 2022, 02:52:36 AM

Pacquiao wants Spence vs. Crawford winner

Manny Pacquiao was asked if he’d be interested in fighting the Errol Spence Jr vs. Terence Crawford winner and his response was "why not if that's possible?".

To make that happen though, he needs to come out from retirement. Smiley

I like Pacman, I respect what he has done in the sport of boxing, however, I did not know that he is presently a comedian. If he won versus Ugas to hold the WBA welterweight championship, I will think maybe there is an argument for Pacman. However, Ugas was gave a very convincing performance and has shown Pacman's old age.

I honestly have not read the article yet. This might be another sarcastic statement from Pacman and the sports news media are turning it into clickbait hehe.
2115  Economy / Service Discussion / Re: Suspected Tornado Cash (Ethereum mixer) developer arrested on: October 15, 2022, 02:32:27 AM
@PrimeNumber7. However, the code for Tornado Cash is opensource which makes it no single person's property. There is also an argument that if a car was used to do a crime, can the government go after the creator of the car?

Also, was it not argued before that code is free speech? I have heard this mentioned many times in the cryptospace before.  



Communication does not lose constitutional protection as “speech” simply because it is expressed in the language of computer code.

Source http://digital-law-online.info/lpdi1.0/treatise50.html


I reckon this certainly makes the sanction on Tornado Cash also an attack to free speech.
2116  Bitcoin / Bitcoin Discussion / Re: #btc Hashrate Reach New ATH a day ago, will the bull run has begun? on: October 15, 2022, 01:57:04 AM
I'm not saying that this wouldn't cause a price rise, but take note that most bitcoin buyers don't give a crap about hashrate, and most definitely a lot of them don't even know what a hashrate is and/or why it's quite important.

In the end, it's far more likely and makes far more sense that the hashrate will follow the price, rather than the price following hashrate.

Agreed. This also causes a decrease in revenue, higher costs and lower efficiency. The weakest miners will be forced to shutdown, take a loan or hope that there will be someone similar to CZ to bail them out.

We cannot be certain how long this high hashrate can be maintained but we can be quite certain it will fall slowly unless bitcoin pumps. However, if the increase continues while the price is falling, we can begin speculating that some of those mining farms are being supported financially or some of them might be stealing electricity hehehe.
2117  Bitcoin / Press / Re: [2022-06-28] Bitcoin mining revenue mirrors 2021 lows, right before BTC breached on: October 15, 2022, 12:38:35 AM
$10,000-ish right now, depending on your hardware or you electricity costs, is the variable break-even, and $20,000 is the break-even to buy new hardware, or even a little bit above that.
If I understood his point correctly [latter part], he's basically saying if the value of Bitcoin is below $20k, it doesn't make sense to go out and buy a new mining rig that's more efficient than what you already have and I have to disagree with that part.
- If I was still mining up to this point and we were in the $10k range, I would've bought the latest or rather most efficient miner out there to replace my inefficient mining rig.

Yes, he presently telling everyone that there will be no problems for the most efficien of miners with the latest hardware and the cheapest source of electricity. However, after reading some news articles of Poolin issuing IOUs and Jihan Wu creating a fund to buy assets from distressed miners, I cannot quite trust Wes Cummins statement.

CZ of Binance has recently created a $500 million fund to provide loans for distressed bitcoin miners. This appears to be very similar to a bail out.



Binance has launched a $500 million fund to provide loans to Bitcoin miners struggling to cope with difficult crypto-market conditions.

Binance Pool, the company's mining service, will provide loans for both private and publicly-listed Bitcoin miners — who will need to pledge security, in the form of physical or digital assets, to obtain loans with a duration of 18-24 months. Binance will charge interest rates between 5% and 10%.

The initiative comes as Bitcoin miners experienced a tough few months while the price of bitcoin declined. With low bitcoin prices, miners' revenues have declined sharply — with Compute North even filing for bankruptcy.

Bitcoin miners' revenue fell 16.2% to about $550.5 million last month — marking its fifth decline in the last six months, and the lowest total since November 2020, according to data from The Block Research.


Source https://www.theblock.co/post/177170/binance-launches-500-million-fund-to-provide-loans-to-bitcoin-miners
2118  Economy / Service Discussion / Re: Suspected Tornado Cash (Ethereum mixer) developer arrested on: October 14, 2022, 05:31:13 AM
News update.

Coin Center has filed a lawsuit versus the OFAC or Office of Foreign Assets Control. This department is under controled by the Treasury department of America where our favorite grandma, Janet Yellen is the head of this department.

In any case, I do not really understand the 4 claims in the lawsuit but I ask the people who do. Does Coin Center have a case or will the courts keep blocking this until it reaches the supreme court? This might be something similar to Larry Flynt's landmark case about the protection of free speech.



Today, Coin Center, along with a group of normal privacy-seeking workers, donors, activists, and public figures, filed a lawsuit against the Treasury Department to keep privacy normal, to delist Tornado Cash privacy tools from sanctions, and to enjoin Treasury from enforcing against ordinary Americans exercising their self-evident and basic rights to privacy.

Source https://www.coincenter.org/coin-center-is-suing-ofac-over-its-tornado-cash-sanction/
2119  Other / Archival / Re: Why has bitcoin adoption failed in El Salvador? on: October 14, 2022, 04:50:43 AM
I'm still watching their country and what Nayib Bukele is doing with his plan, really we shouldn't be too hasty in declaring them failed. They like us are in bear season, so the price drop is inevitable. As long as we don't sell bitcoin that means we have nothing to lose and neither does El Salvador. They have never sold any of their bitcoins so there is no way they fail or lose their bitcoin investment.
One of his latest statements about his country's bitcoin situation, everything is still under his control.
Quote
We haven’t lost $50 million worth of #Bitcoin because we haven’t sold any.
"Stop drinking the elites' Kool-Aid and look at the facts"


We cannot tell everyone that El Salvador has failed yet in their plans for bitcoin's adoption in their country. However, what we are witnessing is that it is very difficult to adopt as a medium of exchange because of volatility.

I am aware that it is arguable. But Bukele's excuse of not losing $50 million because he did not sell is a funny one because it appears he did with where the market price presently is. This is also the same excuse we say when we hold an asset below the purchase price. He has become one of us heheheheh.

2120  Economy / Gambling discussion / Re: [Boxing] Naoya Inoue vs Paul Butler - Undisputed Bantamweight Bout - December 13 on: October 14, 2022, 03:41:28 AM
Styles make fights but Butler is not heavy-handed nor faster than Inoue.


Exactly, that's why there's only a very little chance that Butler will win this fight. But I admire him for being brave, if he will lose, I hope he will not be injured in the fight so he can still continue his career. The thing is, if Inoue goes up in weight, maybe he can still fight and be a bantamweight champion again.

The only way to win some bets in this fight would be the over and under what rounds will it finish. I speculate after Inoue's knockout on Nonito Donaire, the sportsbooks will place it on 6.5 rounds with not very good odds on under. It might be offered on 1.50 which might not be very good because Paul Butler has been knocked out only once before. It was in round 8 and this occured a long time ago on 2015. If the sportsbook offer 1.70, this would be more inviting.
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