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2241  Other / Off-topic / Re: Be The Judge... on: December 22, 2022, 07:27:59 PM
It's unclear to me as how it went down to owing the owner with $5 if he didn't gambled with all of his winnings. Maybe the owner tried to cheat and that's why it ended up with that calculation. But if the owner has just enough cash, there will be no problem on it and the violence won't occur because the guy will just gamble and pay again no matter how many times he will bet again on that lottery shop. Well, both are at fault when they have resulted into violence wherein fact that they can just have a peaceful talk.
2242  Economy / Economics / Re: What was the dumbest thing FTX spent money on… on: December 22, 2022, 05:18:36 PM
When they're on the verge of dropping and then planned to acquire a bankrupt company, Voyager. I guess that's the dumbest plan that they ever had.

liquidators dont mind buying dying companies
its called "asset raiding"

the goal is this:
find a company that has coins/assets but they separately have fiat debt that out paces the assets. where by they cannot cover the debt

EG $500m good assets. $1bill fiat debt = minus $500m(unrecoverable debt)

a liquidator will take on the business. take out the good assets. leaving the dying brand with even larger debt ($500m unrecoverable->$1b unrecoverable)
also pass on the liquidators own bad debt into the dying company.. to clean out the main companies own obligations

and as a final stage.. just let the dying brand die in bankruptcy blackhole

issue is SBF didnt finalise the last stage in the dying businesses he did previously buy
So, they buy it because still there are good assets that are found within the company. But, that also means that they're going to accept the burden and responsibility of that dying company for those customer that are hopeful within it.
Otherwise, they will really just let the company die after obtaining the good assets and leaving it together with those poor customers that have already accepted its fate. Well, it seems that there's still a lot for me to learn about acquisitions like this.
2243  Bitcoin / Bitcoin Discussion / Re: Throwback: Bitcoin was $64k today, a year ago. on: December 22, 2022, 12:27:52 PM
These incidents paved path for more common people to get into the market. Same didn't last for longer time period and we can't be sure of the Market to be bullish forever. The real growth is happening, and we're experiencing the bear market for now. The transition from the bear market will happen at the earliest.
The market is impossible to be bullish forever and that's why whenever we enter to a bull run, it's anticipated that you should start to take your profits and then stack it up first. So, you'll have the cash or stable coin prepared whenever the end of it has come. And when you've seen the price drops, that's when you should start buying then and wait until it goes on high again.

Bitcoin stood above 50000 exactly a year ago but this year Bitcoin has lost 62% of minus and currently stands at $16700. In fact, such a bloody year for Bitcoin happened once before in 2018. Bitcoin crashed 62% in 2022, marking the second biggest bloody year of all time. However, many expert investors and experts have expressed different views on the future of Bitcoin. They believe the Bitcoin market will exceed $100k in the middle of February and March 2024, centered around the Bitcoin Halving. However, there is no clear consensus on how the Bitcoin market will fare next year, i.e. 2023. However, Mark Mobius has sent a bearish comment saying that the Bitcoin market will fall below $10,000 in 2023. This is undoubtedly a scary theory for Bitcoin.
Yes, many are believing that bitcoin will certainly pass $100k mark soon. It may not be as immediate as we have thought last year but it will definitely going to hit it soon once the bull is back. Whoever is saying that next year is still a bear market, respect to them, any opinion that thinks it's going to be high or low. One thing we're sure about, this bear isn't going to last forever and as we're in cycle, this is about to end maybe or maybe not by next year but sure, it will come to an end.

Hard to believe we're 14 months from the high already.  I must admit that this drop didn't hurt as bad as prior ones in previous cycles.  Hopefully things repeat and we start moving up from here to the good times once again.  With a recession closing in, rates increasing, and overall chaos in the government, it seems like maybe it will be different this time?  I'm not betting on it, but I sure hope we don't see a massive recession that brings an end to crypto.  I have a feeling if we do see a bad recession, it will be the biggest test yet that Bitcoin has faced.
Yeah, it didn't hurt that much because things likely happened so fast. And the low from this bear market was the highest on 2017 before the more bloody bear of 2018. All those folks that have been through those bears and bulls understand that this isn't really a lot for a bear market.
But with comparison to the percentage and lost since the last bull market, we can have those numbers to be that much.

The good old days of BTC, but unfortunately we can't live in the past as bitcoin over the months has taken several steps back to where it all began. Coming to think of it, we all know this isn't unusual for bitcoin to pull such  moves...it's all cyclical and part of the big move yet to happen, let's hold on a little longer.. maybe stay away from the charts for the time being while Operation $70K is in process.
Those that can't take away and still can't move on, they have to move themselves away from the market. Aside from not looking to the charts, they should make themselves busy with other things so they can forget what's up with the market and how low it has been since then.
2244  Economy / Service Discussion / Re: Overview of Bitcointalk Signature-Ad Campaigns [Last update: 17-Dec-22] on: December 22, 2022, 10:36:32 AM
Winz.io signature campaign has 1 open slot for member to full member rank. Apply now if you're into any of the two ranks posted, good luck!

There is 1 open spot for a full member to member rank.

Update: Winz. io no longer have any slot open and likely to take a pause next week.

Not going to fill the open slot guys, sorry. This campaign will be pausing after this week while a new loyalty program is finished on winz.io.



Sinbad mixer signature campaign is now full again.

We are CFNP again.
2245  Bitcoin / Bitcoin Discussion / Re: SBF, arrested! on: December 22, 2022, 04:32:38 AM
~image~
LOL, this image is funny but on point.

A very pleasant news indeed. I have been hoping to see this happened, and now it has finally happened.
At least, someone should be held responsible for with happened at FTX and not just allow the issue to slide, it will encourage more fraudulent activities within the cryptocurrency space.
 He should be made to face the full weight of the law and most importantly made to return investors money that varnished into thin air.
It is one of the most awaited even that many have been hopeful for and then it has come into fruition and he's now in jail. It's not yet full justice for all of the people that have been a victim of him and there's more to it.

May be he is arrested because he is running his mouth in the media and the democrats wants to restrict him because he is saying things that might indicative him in the court of law while the general media is trying to save him with a narrative they created. If you are looking for justice he needs to be punished and everyone that lost their money should be compensated.
I only think of one thing and that is because he's accountable for what happened to FTX and its customers money. That's why he has to be arrested, actually it's been long overdue but still it happened.

I would say that this case is something I have been following and have so much interest in knowing the outcome. This is because of its complex nature. We know his political donations. He has deep ties with big players, and we'll see if he will be charged successfully. Imagine that he was arrested the day before he was due to give testimony to Congress. Why? Who was he going to incriminate? But one of my concerns is that this case may soon be forgotten by the public because we are quick to move on to something else.
Yeah, the time will come that this case will be forgotten. But I think that it will only forgotten when there's already the verdict and he's sentenced based on the fraud that he's made against these innocent people's money.

Recently, the SBF is said to have agreed to accept extradition to the US after many refusals by the Bahamas government. If he is extradited to the US and tried then he will face more charges and penalties from the SEC and CFTC, but if he comes back to the US, there will also be benefits for him because he has close ties with politicians. Until now, I still believe that he will not be sentenced too harshly, he will be released soon.
Right now, based on this source[1], he's already in the US - in the custody of FBI. He sure to face more cases and consequences if he gets the trial in the US.

[1] https://twitter.com/davidgura/status/1605750225032847360?

Look at this update guys. The other involved people, Caroline and Gary are now charged with fraud just like the arrest - this should have been done long time ago.

2246  Economy / Gambling discussion / Re: Running a casino during crypto crash on: December 21, 2022, 11:46:26 PM
There are people who are still playing games at the casino. They might win or lose. But in the meantime, the casino is making money. As long as people are connected to the system, then they will not go out of business.
This is just how business works. They lose on one side and gain profit from the other side.
We've seen that during the pandemic crisis, most casinos have been affected and they can't operate. But we also saw that online casinos did very well and they've proven to be pandemic proof.
It's just a matter on how these businesses will upgrade their operations so, if there are casinos that are focused on being a land based, they've seen how a huge impact will affect their business like being in a pandemic or epidemic on that specific area. But the gambling market won't be stopped even if the markets are crashing, there will still be sure customers.
2247  Economy / Economics / Re: What was the dumbest thing FTX spent money on… on: December 21, 2022, 10:50:43 PM
When they're on the verge of dropping and then planned to acquire a bankrupt company, Voyager. I guess that's the dumbest plan that they ever had.
They're for sure is aware that they're about to fall and then had the audacity to acquire assets with a premium from a bankrupt company. And yeah, Binance I think is also dumb in trying to proceed with the deal with Voyager.
2248  Alternate cryptocurrencies / Altcoin Discussion / Re: Exchanges in decentralized wallets are unreliable on: December 21, 2022, 09:49:27 PM
That's a huge amount to entrust and trade there. So, if I understand it correctly, the user has used the swap feature that he's got with the Ledger live presumably. I can't read the whole thing but I'm just basing on the few pictures and the translate tweet but not the rest.

so he is saying its the ledger that has the problem?
Likely because he did the swap there on Ledger's platform (Live) which is an integrated and partnered service with Changelly.
2249  Economy / Exchanges / Re: Binance US buys Voyager Digital assets for $1.02 billion on: December 21, 2022, 08:47:41 PM
I know that CZ is investing in ventures and it keeps on going but what he's trying to prove? I doubt it that he just want to save the company and the people who has still some pending money there. Maybe he sees something that we can't see?
But we're all sure that we see the same thing that Voyager is already on the grave and it will barely stand up and even with his help, he's just throwing money there and good for the people if they'll still take their money out after the acquisition.
2250  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you know on: December 21, 2022, 07:51:32 PM
What's even worse is when an investor buys any token that they like and then wouldn't care about utility or tokenomics. And they're only buying because that's what they think is the best token/coin to buy and overheard it somewhere. Maybe from an influencer or YouTube or any social networking site. It may sound funny but that's in real life happening because they all think that it will make sense if they follow those people that are encouraging them to buy. Well, they're good at talking and enticing others to buy the crypto they advertise.
2251  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: looking for a crypto bounty hunter on: December 20, 2022, 11:43:03 PM
I've crossed out the addresses that don't contain the USDTs but it's on that last one. It currently have the $103,533. I'm curious as to how they've recovered the $4999 or they've just stopped the withdrawal. The two crossed out addresses had the last transaction from 60-70 days while the one that contains the USDTs, are just active a day ago. The money is already on the possession of the hacker/scammer and it's not reversible but still wishes you all the best if there's any possible way they can help you getting it back.
Being Tether, I can be frozen in an address if OP has a strong case, proof and even have a serious involvement of Law enforcement. If the address belongs to an exchange. OP still has the chance of getting back the funds.

The only people who can help him in this case are the law enforcement and the exchange the hacker might use.
And maybe that $4999 he said has already been frozen and retrieved. He just have to report this to the authorities at the right designation so that they can act too quick before the scammer sends and trades it.

Thank you for the information.

Can you tell me in which exchange this is?
Sorry but that can't be known. It's different from Ethereum that we can know where the funds have landed and sent. But maybe there are some other technical experts here that can help this out.
2252  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: looking for a crypto bounty hunter on: December 20, 2022, 10:46:00 PM
TQNvGXKFSQaiJM2Evm6haqGDL96qPSLoVq

TC1KxhuDwWt2r7ydBAx4gth2TodYPgS265


TE6sDDD3bQs4fxKPo51BxrFUdK68WwS24g

After I reported it to exchange (binance) they had asked the police to intervene. Also they retrieved 4999 USDT.
I'm wondering, if they could retrieve 4999, they can retrieve the rest too.

The website was a clone of cboe, the website had trading options.
I've crossed out the addresses that don't contain the USDTs but it's on that last one. It currently have the $103,533. I'm curious as to how they've recovered the $4999 or they've just stopped the withdrawal. The two crossed out addresses had the last transaction from 60-70 days while the one that contains the USDTs, are just active a day ago. The money is already on the possession of the hacker/scammer and it's not reversible but still wishes you all the best if there's any possible way they can help you getting it back.
2253  Economy / Economics / Re: Employers are Deflating Salaries in Job Ads to keep Pay Down on: December 20, 2022, 09:42:48 PM
Now to you the reader, supposing you have worked for the past 5 years your current organization and you find out accidentally from the HR in your organization that what you are being paid isn't the highest amount for your position. That is, you are being underpaid, would you ask for a raise or look for another job knowing that with your experience level you'd get a higher pay in another organization?
I would ask for an evaluation and review if I'm eligible for a pay raise. That normally happens every year as per evaluation depending to the company's regulation about increasing rates and promotions. And if I feel that I should leave my job and hop in to a better paying company, I'll do that. That's where the negotiation might happen if the current company you work for thinks that you shouldn't be let go. They'll negotiate with your terms and asking salary.
2254  Alternate cryptocurrencies / Altcoin Discussion / Re: Bounty hunters, how much you really earned in the last two years? on: December 20, 2022, 12:19:13 PM
Right now bounty programs are not that worth it since a lot of fake accounts join in and low rewards compare to years ago, Also many new projects end up scams when their bounty program ends so we got trash tokens from the project. For the last two years I have collected more than 150+ trash tokens.
They're just totally not worth it and most of the bounties are in drought unless they'll give the rewards into more rewarding coin like bitcoin, ethereum or any other coins that has liquidity. But if it is their tokens, then the fate of it is most likely known because of the bear market.

Well, since the bounty program only fills my spare time besides my real work then it's not a big deal.
There are people that have treated it as their full time commitment and they're wrong on doing that because the glory days of bounties are done. And if they'll earn some on it, it's very minimal so, just as you've said it's only an incentive and has to be done with spare time.
2255  Economy / Gambling discussion / Re: New Solution to Address the Problem of Gambling in Australia. on: December 20, 2022, 10:15:48 AM
I see it as a good solution but it's main task is just to give notice and notify whoever is sitting behind those monitoring computers on how much people are depositing. It's still going to cost them a manpower for having it monitored based on how they're giving all the option for their users.
If this doesn't work, they have to go through the harder way and that's through restricting them wholly but I think that it's going to take time until we see them enforce it.
We don't know how precise the AI works. Manpower is not a big issue while solving problems. A casino into revenue needs to focus on developing the trust it have got from the people and the same could be done through this. Manpower usage on the needful position is a must.
That's why it's still needed despite the development through AI. We may not know how precise AI works but the government and the casino companies that are involved with this thing in Australia, they for sure have the idea on how it really works.
So, it doesn't matter to them whether we know it or not but the important fact is that they know how to use and utilize it just as how they're managing the casinos.
2256  Economy / Gambling discussion / Re: New Solution to Address the Problem of Gambling in Australia. on: December 19, 2022, 11:48:21 PM
How Sportsbet is working to address the problem - They are building a “real-time intervention” solution that will allow it to leverage the power of AI to quickly predict customers’ daily deposits and send alerts when the depositing amounts begin to climb up too rapidly.

i like their solution,, instead of limiting people to gamble they actually built a real time AI feature which limits the amount of people's deposits .. with this solution Sportsbet not only restricts people from over betting,, but also they won't lose their users, because we know that there are many users on Sportsbet who use credit cards and Sportsbet don't want to lose their users
I see it as a good solution but it's main task is just to give notice and notify whoever is sitting behind those monitoring computers on how much people are depositing. It's still going to cost them a manpower for having it monitored based on how they're giving all the option for their users.
If this doesn't work, they have to go through the harder way and that's through restricting them wholly but I think that it's going to take time until we see them enforce it.
2257  Economy / Gambling discussion / Re: Slow down if you want to recover your losses on: December 19, 2022, 10:46:56 PM
Thanks for the share. When you are not in rush, you have the right mind of betting because you're not doing it all of a sudden. You've planned your recovery as how you've planned to gamble. Slowing down is a good decision of recovering your losses so that you'll have the normal mindset that there is no way that you'll recover it on an instant but instead, you can still recover it if you allocate time and slowly do it on that purpose so you can track your bankroll and expenses at the same time.
2258  Alternate cryptocurrencies / Altcoin Discussion / Re: Huge Binance outflows - should we be concerned? on: December 19, 2022, 09:39:44 PM
I am feeling that CZ will have a revenge but in another way and that's through making their service better and FUD proof. I guess that's what he is going to prove to anyone and with his competitors. There's the recent news that he'll acquire the Voyager assets and bidded for it.
But let's see where it goes as the market has been filled with so much FUD one after another. Literally, just before the FUD the collapse of FTX and so on. If someone's concerned with most withdrawals, you can do what the flock is doing.
2259  Bitcoin / Bitcoin Discussion / Re: Throwback: Bitcoin was $64k today, a year ago. on: December 19, 2022, 08:32:46 PM
Although the price of Bitcoin was high a year ago, more and more people have entered the cryptocurrency market this year. Many countries also allow bitcoin payments. Everyone shouted that Bitcoin could reach 100,000, but now it seems that it is not impossible. After the price of Bitcoin rises this time, it has the potential to reach 100,000. Because there are more people using Bitcoin now than last year. Persevere and you will see hope.
The difference this time is that, more newbies have made their research before committing their investment on bitcoin. They want to be sure of it so they did the DYOR thing and that has helped them to buy at the right time which is this time. I'm one that have believed of $100k on the last bull run but I'm not disappointed because I saw how high it reached and I'm willing to wait for the next time to see some peek of it.

The cycle cannot always repeat. Otherwise in 100 years 1 BTC would be more than the GDP of all countries combined  Smiley

Not an exact science I'm stating here but there is always a ceiling...
100 years is too long wait and most of us are no longer here. But it's true that cycles aren't identical as they are but most likely, they're close to what it's been in the past.

Yeah, that's nice and all, but imagine looking at this tweet after 5 years. Wink
So true, we'll see. 2 halvings will pass by that time and I'm excited thinking on how high it can be by that time.

It will actually look very painful for people that buy Bitcoin at a higher price of maybe $50-60k then thinking it will reach $100, if they are still holding it will look somehow as their wallets will be red due to the price of Bitcoin now. But one good thing is that, in two years coming, the story will actually look different because we hope that Bitcoin price will be above $100k then.
They've got the paperloss and we don't know if they've sold already at losses. But if they're firm in holding, they have to wait again until the bull run comes back. That's only if they listen to the people who have experienced about the bulls and bears before and what's the best thing to do.

This is the most important thing cryptocurrency market trader's or investors have to know about the all time high ATH, while investing during the Dip, which is now for the bear market to feeling up the bags through buying more Bitcoin as a long term investors.
The known tip we always say, buy the dip or buy when it's low.

A year has passed since bitcoin reached its all-time high. I could still picture the joyous party that followed bitcoin's spectacular rise to $100k last year. Everyone was making predictions about how much money their bitcoin investment would yield.

Comparing the price of bitcoin today to the price from a year ago shows that no one can accurately anticipate what the price of bitcoin will be in the future (skyrocket or decrease in price).

However, as we start to move away from the current bearish market and into a closer bull run by 2024, we are unsure of what the coming year will bring for us in the cryptocurrency market. Crossing my fingers until then
We don't know if bull run will come again by 2024, what we're sure about is that halving will take place by that year and then will be followed by the bull run.
We're lucky if we actually see it followed on the same year but most likely, the predictions again are telling that the bull run might happen by 2025. We're all speculators on this speculative market.  Tongue
2260  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Please help activate Tron mainnet - need arround 5 dollars Trx on: December 18, 2022, 11:40:29 PM
Has tron network changed the way they operate?

Last I remember, you need to send some TRON in the newly created address in order to be able to carry out a transaction out of the account. This is totally different from how Bitcoin works.
I might be wrong on this one as I'm speaking from a few years of when I've used a wallet and it didn't require me before or it's just because I have sent trx on it without knowing that requirement and then used to send it eventually because it already has got a balance. So upon doing a quick search a while ago, a wallet like Ledger requires 0.1 trx to activate the tron account and before receiving any trc20 tokens so it means, that it isn't that much but it seems I'm wrong telling that it won't require any balance, sorry about that. While for other wallets, it's said that you just have to send at least 1 or more trx for you to use a wallet.

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