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2441  Economy / Gambling discussion / Re: [Boxing]: Teofimo Lopez vs Pedro Campa - Aug 13 on: July 13, 2022, 01:55:55 AM
Does anyone know what cause Lopez to move to other weight division? Last Canelo fight showed, that being so self confident and moving to other division ends bad. Why not try to regain belts back? What was all that shouts "I am the best", after winning Lomachenko, for ? Why not make make a second fight against Lomachenko, I am sure Loma will instantly accept it. Or a rematch with Kambosos ?

It cannot be compared, I reckon. I am not very certain how good Pedro Campa is in the ring, however, on Canelo's move to a higher weight division, his team has underestimated Bivol. Bivol was discovered to be one of the kings of light heavyweight where he has been holding a WBA title since 2017. Lopez's father might have chosen an opponent that he knows his son can knockout hehehe.
2442  Economy / Speculation / Re: Has crypto capitulated? on: July 13, 2022, 01:26:34 AM
I reckon if someone asks if crypto has capitulated, this might imply that it has not yet capitulated. There are still many people who are not living in reality and has not considered that it is very much possible that bitcoin can go -40% lower from where the price is presently. Everyone is still buying the dip when it is much more advisable to hold dollars or stablecoins during the bear market.

However hehehehe, if we did not have a blow off top, there might not have a capitulation?
2443  Bitcoin / Bitcoin Discussion / Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 on: July 13, 2022, 12:47:39 AM
Investment is about profit and loss but it is far from gambling. A new research by JP Morgan Chase & Co. stated that U.S. wealth has plunged by $5 trillion in 2022, down from $13 trillion to $8 trillion; mostly from a sour stock market, that’s the risk of investing. The government of my state used tax payer’s money and invested over 100 million Dollars on a monorail project and the investment partners withdrew from the projects and it became a wasted fund. That project when completed would have increase the internal generated revenue of the state. We know government is accountable to the people; hence they must use the state resources prudently. But if government must invest, they must also bear the risk. El Salvador government has chosen to invest in Bitcoin, haters should give them time to prove that it is not a bad decision. Bitcoin might not be the best investment, but is one of the best options.

I am not talking about profit or loss and I am also not saying that taking risks in bitcoin is bad if done properly. I am saying that it will not look very good if El Salvador goes into an economic crisis while their president has boasted on social media of buying bitcoin dips which only go lower. Also, the cheers from the community on a president who is using taxpayer's money to buy a risk asset is head shaking. What if bitcoin falls to $12,000? What if it does not recover?
2444  Economy / Gambling discussion / Re: [Boxing] Crawford vs Spence on: July 12, 2022, 03:50:35 AM
^^ Well Floyd has a obvious hidden agenda to tell us that there is negotiations, because he wanted Crawford to be his manager. And maybe if Bud Crawford will sign with him, then that is the time that this fight is going to be made, hehehe. But still the fight can still be made in October, we still have 3 months of it and many things can happen along the way to put this fight in schedule at least for this year.

There might be some truth in what Floyd Mayweather is speculating despite having a hidden agenda, however. He might have information of the sensitive occurrences in those negotiations. Also, I disagree that Spence vs. Crawford will be this year if October schedule is not confirmed. I speculate that it might be on 2023 or 2024.

Could be, but it will be definitely Floyd hand has some "blessings" in this fight. Him and Crawford in public together? hmmm your guess is as good as mine. Maybe not direct manager per se, but Crawford might be asking for some advise  from him. And if everything is not settled within the time frame, then maybe next year is the schedule and it could be in Floyd's backyard of Las Vegas. And imagine the money that is going to flow on fight night, casino's, hotels everyone will be making money out of this mega fight.

You might be correct and it might not only be asking for advice. It might also be a business agreement between the 2 boxers for Mayweather promotions to have the rights on the other sources of revenue that they have always used to get more profit outside of the fighter's prize money.

I read an article where it was mentioned that Mayweather promotions has been spending millions and make business deals with restaurants and vendors to be the provider of food and drinks for many of the biggest boxing events.
2445  Economy / Exchanges / Re: Kucoin users, are your withdrawals okay? on: July 12, 2022, 02:17:38 AM
BTW, you might consider some of the instant exchanges like Changelly, ChangeNow, Flyp.me, and others.  They don't require KYC, but you're limited to trading bitcoin and altcoins with no fiat involved.  
Aren't these exchanges have totally bad reputation on this forum. Also as far as i know changelly and changenow ask kyc i just dont know how much the minimum for them to ask kyc or when they detected suspicious activity which they usually did based on some threads here.

Much of those complaints might only be because of security checks by the exchange and those complaints might be very much similar to many of the accusations in the forum on gambling sites. I also reckon that many people in the forum appear to complain and accuse a service of scamming very quickly if a withdrawal is delayed a few hours or if the exchange uses their right to ask for KYC. They should be more patient.
2446  Bitcoin / Press / Re: [2022-06-28] Bitcoin mining revenue mirrors 2021 lows, right before BTC breached on: July 12, 2022, 01:39:38 AM
@Kakmakr. Those mining death spiral articles were fud from mainstream and cryptonews media outlets hehe. The writers never had any intentions to make the correct prediction. They only wanted to create another clickbait article and get maximum hits for the day. They never mentioned the mining's adjustment between difficulty and price. They only assumed that miners will be bankrupt because price was falling.
2447  Bitcoin / Bitcoin Discussion / Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 on: July 12, 2022, 12:58:46 AM
@Doan9269. I shake my head that you are trying to make it appear that the future of El Salvador's economy would depend on the price of bitcoin. Does that imply that president Bukele is gambling? Also, the mock is not about the bitcoin investment. The mock is he is using taxpayer's money to gamble on bitcoin while a worldwide economic recession is going to occur. Should we continue cheering for him if there began a social unrest calling for Bukele to step down? Will bitcoin fix this?
2448  Economy / Gambling / Re: Livecasino.io - 🔥 up to 20% cashback 🔥 up to 20% rakeback 🚨 on: July 11, 2022, 05:19:15 AM
We should really make this promotion more visible guys as some of you wanted a promotion on slots, so Flavio and Livecasino team made it happen.

Also please make sure you check those threads where people are talking about Slots and make them know that there is an on-going promotion for Slots on Bitcointalk and Livecasino.io for this weekend only.   Grin

I have a bad experience on slot especially on wagering using Bitcoin. I bet 0.0005BTC which I thought I’m using $ that time makes my bankroll bust real quick. I’m not updated anymore on livecasino minimum bet in slot using BTC but I hope they already adjust it to much lower Bitcoin amount because I remember that there slot has a mphigh minimum bet amount in BTC before which turn me off to use slot.

This will always be a problem with high volatile assets similar to bitcoin if it is used as a currency. However, would everyone who gambles in Livecasino and other sites in the cryptospace want their deposits valued in dollars similar to Betnomi? It might be good for more stability of the funds in your account but it might also be not very good if bitcoin and altcoins are pumping because when you withdraw, you would receive less of the coins compared to the deposit.
2449  Economy / Gambling discussion / Re: [Boxing] Mark Magsayo vs Rey Vargas WBC Featherweight Title (July 9) on: July 11, 2022, 03:25:09 AM

Mark Magsayo started to show some stamina loss in just the 4th round. That was unusual to him.

Rey Vargas really put a tough job on the champion making Magsayo release much effort right at the early rounds. Magsayo's quickness that supposed to be his advantage, isn't utilized much. However, even with that situation, the Champion was able to put some damage too on his challenger in the later rounds but Vargas owned him in the end.

115-112 Vargas, 114-113 Magsayo, 115-112 Vargas - almost a unanimous decision for Vargas.

So unfortunate for Magsayo but Vargas deserves the win. Big Respect to him.

Agreed. I stopped watching on round 8 because it was beginning to become very boring. Anyone who was watching would know already that Vargas would be the winner.

Also, were much of the voters of the poll from the Philippines? There are 15 votes for Magsayo and there is only 1 vote for Vargas hehehehe. Who is the Mexican poster in the thread?
2450  Bitcoin / Bitcoin Discussion / Re: According to Sam Bankman-Fried, some Bitcoin exchanges are insolvent on: July 11, 2022, 02:32:50 AM
Sam Bankman-Fried has declared that they have a few billion to help cryptocompanies that are struggling with their cashflow. This is very good news because when a big company begins helping small companies as a gateway to own them, this might be the first indicator that we are on the bottom of the bear market hehehehe.

It's his business move, but I think it's a bigger shame (in the long term) to save such companies than to let them fail. If these companies are saved, they will become even bigger over time, and with regard to their business policies and greed, the next market crash will result in them dragging down much more of the clients' money than is the case now.

As for the bottom, I would like you to be right, but there are too many who are still calling for a new crash in the zone below $15k, and the situation on the world markets does not look good, with the prospect of even bigger drops in Q4, and a very bad start of the new year.

Sam Bankman-Fried is beginning to act something similar to a central bank if he continues to bail out these cryptobanks and creates another organization to oversee their progress after his bail outs hehehe.

Sam has also again implied in this interview that from what he knows and what he has seen, the cryptospace bottom might have occurred already. He will not declare it as a 100% certainty, however hehe.

https://m.youtube.com/watch?v=3iEMSNjS3r0
2451  Bitcoin / Bitcoin Discussion / Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 on: July 11, 2022, 01:56:20 AM
Everyone should stop giving much attention to Peter Schiff and pay more attention to the reality that El Salvador is not in a very good economic condition. It would certainly make everyone in the cryptospace look stupid if the government of El Salvador goes bankrupt while their president irresponsibly continues to take risks with taxpayer's money. Will bitcoin fix this?



Emerging markets are facing rising debt, slowing growth & soaring yields

Russia & Sri Lanka both defaulted -- for different reasons -- who's next?

We rank 50 countries to find El Salvador, Ghana, Egypt, Tunisia & Pakistan to be the most vulnerable


Source https://mobile.twitter.com/ziadmdaoud/status/1545316002317082624
2452  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: July 10, 2022, 06:08:42 AM
I know everyone in this thread hates the Cowboys, however, what is everyone's analysis and opinion on Dak Prescott?

Probably a better Bet than Lance but just. Wink

But just? I speculate Trey Lance might not be ready to be their first quarterback again for this season hehehe. This might also be why San Francisco does not want to trade Jimmy Garoppolo. I might be wrong, however, for those rookie quarterbacks of last year, it might be Mac Jones who might have a successful season this year.
2453  Economy / Gambling / Re: Cloudbet | Bitcoin Casino & Sportsbook | The No.1 Bitcoin Gambling Site on: July 09, 2022, 07:17:04 AM
How are the withdrawal times at cloudbet these days?

Made first withdrawal via ETH to test the speed, its not instant as it says on the site that most withdrawals are instant, i can still see the cancel button.

Read some bad reviews but still gave it a go, hopefully will receive withdrawal soon and dont have to wait few days or some bs.

Anyone had recent experience with their withdrawal speed?

I used crypto only and amount is not too big, like 300$ only.

Thanks

I have gambled regularly in Cloudbet before and I have never encountered any problems in my withdrawals. We cannot be certain if those bad reviews came from reputable sources and we should not assume that Cloudbet is doing this without a valid reason for suspicions on user activity. There are other sportsbooks and gambling services in the cryptospace if you do not feel safe, however.
2454  Economy / Exchanges / Re: Binance-US charge zero fee on Bitcoin usdt trading on: July 09, 2022, 06:53:33 AM
you mentioned the profits they make not just from the "maker" "taker" of people doing orders, and the withdrawal fee's ..but you forget they also make profit from the "spread"(gap between the buy market list and the sell market list). this is another secret area where they can make money.
I know. I did not mention about their hidden, shady activities to get profit from wash trading volume, traps to liquidate users.

Because I wanted to bind with things relate to their service fee: trading (taker/ maker), withdrawal fee. I know they have different things to build and maintain their service: security, maintenance, consolidate inputs, process withdrawal, etc. but they must assign income from their service fee for those things. Secretly over charge withdrawal fee and when get accusation, saying "we use it for different things of our service", it's not fair.

Agreed! It appears that much of us has certainly forgotten about OKcoin and their wash trading practices hehehe. Also, this might be something that can be used to attack the exchange. Sam's Alameda Research can for example do wash trading there as a demonstration of CZ's mistake on implementing zero fees. However, this might also be a chance for Binance to show how good their trading engine is.
2455  Bitcoin / Bitcoin Discussion / Re: According to Sam Bankman-Fried, some Bitcoin exchanges are insolvent on: July 09, 2022, 05:45:47 AM
@GreatArkansas. Poloniex might be an underestimated exchange and it might be as safe as the biggest exchanges to hold some coins there for trading. His excellency Justin Sun appears to have made billions since 2017 hehe. He has also declared that he might also participate with Sam and CZ in helping some cryptocompanies with their cashflow.



We are friends with everyone and are always ready to serve.

Source https://mobile.twitter.com/justinsuntron/status/1545369541269921792



It also appears that there is a new storyline for Sam Bankman-Fried in this article in Fortune magazine hehehe.



The crypto crash resembles the Panic of 1907, with Sam Bankman-Fried in the role of J.P. Morgan

Source https://fortune.com/2022/06/28/crypto-crash-sam-bankman-fried-ftx-panic-of-1907/
2456  Other / Archival / Re: Binance Expands Crypto Adoption on: July 09, 2022, 04:02:21 AM
I do not disagree with much of your reply. Also you are correct in saying that much of the projects from the concepts have only worked on paper. However, the argument is the same. The concepts are good and they will not die because the cryptospace needs the products, the services and the solutions from those concepts.  

What exactly do you disagree with in my examples, and if you disagree, then give counter-arguments for a different use of these types of tokens at the moment. What specifically am I wrong about? I hope you have a little more reason than a position: I don't agree with you - because I don't like it. Wink

I only disagree to the argument that any concept in the cryptospace to create and develop something that is not bitcoin is a scam. Similar to the concept of the ICO as a democratized method to collect funding from investors, this is not a scam despite being used for scams. NFTs, a concept for a new medium for art where artists can monetize their work is also not a scam but it can be used for scams.

There is nothing wrong if you do not like it or do not want to accept it. Those concepts, also with the concept for a peer to peer digital cash, will continue to exist despite the people who want them to stop existing.
2457  Economy / Gambling discussion / Re: [Boxing] Crawford vs Spence on: July 08, 2022, 04:16:45 AM
^^ Well Floyd has a obvious hidden agenda to tell us that there is negotiations, because he wanted Crawford to be his manager. And maybe if Bud Crawford will sign with him, then that is the time that this fight is going to be made, hehehe. But still the fight can still be made in October, we still have 3 months of it and many things can happen along the way to put this fight in schedule at least for this year.

There might be some truth in what Floyd Mayweather is speculating despite having a hidden agenda, however. He might have information of the sensitive occurrences in those negotiations. Also, I disagree that Spence vs. Crawford will be this year if October schedule is not confirmed. I speculate that it might be on 2023 or 2024.
2458  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: July 08, 2022, 03:30:18 AM
I know everyone in this thread hates the Cowboys, however, what is everyone's analysis and opinion on Dak Prescott? His ankle injury might be healed completely for this season and we might be seeing him with more rush attempts hehehe. I speculate that we might witness a successful season from him similar to Stafford but without the superbowl hehe.

I also downloaded Yahoo's fantasy app on my phone. When will we begin the draft? The app also has standard draft and salary cap draft. What will we have?
2459  Bitcoin / Bitcoin Discussion / Re: According to Sam Bankman-Fried, some Bitcoin exchanges are insolvent on: July 08, 2022, 02:38:08 AM
News update.

Sam Bankman-Fried has declared that they have a few billion to help cryptocompanies that are struggling with their cashflow. This is very good news because when a big company begins helping small companies as a gateway to own them, this might be the first indicator that we are on the bottom of the bear market hehehehe.



Sam Bankman-Fried, head of one of the largest cryptocurrency exchanges, FTX, said he and his company still have a “few billion” on hand to shore up struggling firms that could further destabilize the digital asset industry, but that the worst of the liquidity crunch has likely passed.

Source https://financialpost.com/pmn/business-pmn/crypto-exchange-ftx-has-a-few-billion-to-support-industry-bankman-fried
2460  Other / Archival / Re: Binance Expands Crypto Adoption on: July 08, 2022, 02:10:08 AM
However, the concept still exists seperately and there is a more ideal implementation of this concept than what is presently in the cryptospace. The implementation and the application is not the concept. Similar to the concept of cryptocoins where one implementation is bitcoin. Is this the ideal implementation? It can be argued in one very long thread hehehe.

The government can regulate whatever they want, however, enforcing the rules will be a very big problem for them. They do not have the laws created or the experts to create the laws needed. A simple example is Telegram's token. The SEC declared it a security, however, an anonymous development team forked the project and issued a token also called TON that can also be used by Telegram users hehehe. The SEC cannot do anything. Bitcoin and the cryptospace would be shutdown if they can do anything.

Are there examples of recent trends that are following their concept at the moment, or at least getting close to it?

Recall the most striking trends over the past 2 years:

- DeFi, the concept is decentralization. In fact, many projects are centralized and tokens are reduced to a pump & dump scheme.
- Play-2-Earn, the concept is to combine gaming and cryptocurrencies. In fact, projects are not considered as a game, but as a means of earning money, where users come to work, to earn money. Most users are not talking about any investment or reinvestment in the game.
- Move-2-Earn, the concept is to combine sports and cryptocurrencies. In fact, the problem is the same as in Play-2-Earn.
- NFT, the concept is to combine art and cryptocurrencies, tokenization of art objects, collectibles, etc. In fact, the industry is not flooded with art objects, in its tokenized form, but with various digital garbage, the purpose of which is speculation and money laundering.

That's the whole point of these concepts, which so far only work on paper.

I do not disagree with much of your reply. Also you are correct in saying that much of the projects from the concepts have only worked on paper. However, the argument is the same. The concepts are good and they will not die because the cryptospace needs the products, the services and the solutions from those concepts.  

There are some comments in your reply that can also be used against bitcoin. Bitcoin can also be used for speculation, moneylaundering and many other crimes. From the point of view of some people, bitcoin is a ponzi scheme because it is an asset that produces no financial value for the owner. I have also seen some arguments that bitcoin's development is centralized to the lead maintainer in Github. They can argue about anything but our argument is the same. The concept is good and implementations should be created.
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