Betfury has daily/weekly competitions, and they could use it to encourage users to wager more BFG tokens, although I doubt this decision would be effective. I mean, a lot of users probably will not want to take the risk of wagering on BFG tokens because there is a high probability that all BFG tokens can be lost due to house edge and, as a result, the opportunity to earn daily dividends would be lost as well.
If we look at some of the players here, how many players here they gamble with bfg tokens, if we take a look at them, we will see that there are a lot of posting multiple stories, but from there we can see that Playing with and there was a huge loss. In the beginning I played with my tokens. I went on time but fortunately I lost very little here. Well, gambling is a null end game anyway, so you should be aware of that fact that you will end up losing a ton of money in the long run. I know that there isn't much to discuss about the difference between BFG and any other coin/token that you gamble with. You will always end up losing money in the long run because of the house edge. However, there are benefits of gambling with BFG and that is the difference maker for this casino. Plus, you do not have to only gamble with it, you could stake it and earn money from it as well, and you could earn it for free as well. These all combined makes sure that people prefer BFG here, and that's a good thing for investors of it. Of course, it is worth agreeing that in the long term, gambling still leads to losses, which most players simply consider to be a kind of payment for the pleasure of playing. But I wonder if it is possible to play with the help of BFG tokens in such a way as to remain in a breakeven state. And if staking these tokens compensates for your costs? Or all the same, it must be huge amounts of BFG, which no one really has. Well, of course, if you exclude the BFG whales.  Well the rakeback of BFG tokens is very small and it's just a small percentage of your bets so its impossible to use it cover your loses except on games that has high probability win rate like dice games since it has a settings to increase win rate but still its very hard to recover losses by the rakeback alone. Personally the BFG tokens I'm earning via rakeback is almost negligible if I consider the tokens I loss in the process. Farming it via staking is more profitable rather than earning it through gambling. Rakeback is not supposed to make you cover your losses. If that was the purpose, it would be easier and less complicated for the sportsbook or gambling site to pay you to gamble in the site hehe. Tokens as incentives for using the site are a good way to distribute them for their DAO, however. Also, as a Defi protocol, I reckon it would also be good for the site to implement a locking mechanism for token holders to earn part of the site's revenue from fees collected, paid in which currencies the fees were paid. This appears to be the next trend for Defi where the DAO earns by deploying delta neutral strategies using the assets in their treasury and pay some of the earnings to the stakers. Umami has began doing this. I might write an investment thesis for this for the altcoin subforum. |
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Did anyone see the face to face? https://www.youtube.com/watch?v=q9B95lTsl0gBoth are throwing insults at each other and it's so hilarious. Davis seems to not take Romero seriously, but we will see what Romero can do to him in the fight. LOL at Romero saying that this is going to be Broner vs Maidana 2 wherein he called Broner the big brother of Davis. And Rolly will be Maidana who totally whopped Broner's ass in that fight.  I predict for this fight to be something very similar to Muhammad Ali versus Ernie Terrell where Ali was telling Terrel in the ring to say my name while boxing him for the whole fight. It also appears that much of the sportsbooks do not want to give odds for rounds range and rounds betting if over or under hehehe. Tank to win with a knockout is the only best offer with odds of only 1.27. In any case, in what round does everyone speculate Tank knocks out Romero? |
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Agreed, however, you cannot control investors from holding bitcoin in their reserves as their back up also. Something similar can be said of Michael Saylor who has made loans against Microstrategy stock to buy and hold bitcoin in Microstrategy's treasury. He has also borrowed more cash against those bitcoins to buy more bitcoins. Head shaking move and those bitcoins bought this year are in negative pnl. Also, it might not presently be true but Saylor might cause Microstrategy to be in an unpredictable situation if Microstrategy stock and bitcoin dumps tremendously. |
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News update. It appears that George Soros is very much concerned that world war 3 might be very near and another global deperession might begin because of China's zero policy on the pandemic. I reckon that his speech might not be fud, however, I am very skeptical on the sincerity of Soro's concern. I would not be shocked if he is presently one of the biggest market short sellers of bitcoin and other fiat currencies hehehe.  Liberal billionaire George Soros on Tuesday warned of a global depression, and said Russia’s invasion of Ukraine could be looked back on as the starting point of World War III.
“Russia invaded Ukraine. This has shaken Europe to its core,” he told the audience.
“The European Union was established to prevent such a thing from happening. Even when the fighting stops, as it eventually must, the situation will never revert to the status quo ante. Indeed, the Russian invasion may turn out to be the beginning of World War III, and our civilization may not survive it.”
Soros also took aim at Beijing, which is experiencing its worst Covid-19 outbreak since early 2020. Earlier in May, Chinese President Xi Jinping headed a meeting of top leaders that emphasized the country should stick to its “dynamic zero-Covid” policy, and warned that economic consequences would follow if it doesn’t.
“The continuing lockdowns have had disastrous consequences, pushing the Chinese economy into a free fall since March,” Soros said in his speech Tuesday.
“These negative results will continue to gather momentum until Xi reverses course. ... Coming on top of the real estate crisis, the damage will be so great that it will affect the global economy. With the disruption of supply chains, global inflation is liable to turn into global depression,” he said.Source https://www.cnbc.com/2022/05/24/george-soros-says-civilization-may-not-survive-russias-invasion-of-ukraine.html |
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@bbc.reporter look out for Poliana Botelho and Erin Blanchfield two fighting kitties that I think you will like,
Erin Blanchfield is someone Jake Paul might describe thicc hehehe.  She is presently the favorite against JJ Aldrich, however, she might be very overestimated for this because of her unanimous decision victory vs. Miranda Maverick. JJ Aldrich also has more experience than Blanchfield in the UFC. But seeing him vs Tom Aspinall and how a tad slower he was, dunno...
It might be because Volkov was fighting in Aspinall's home country and it might also be the English mafia told Volkov that they do not want their countryman to lose hehehe. |
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Devin Haney is in a very combative mood right now. He set himself the ambitious goal of defeating George Kambosos twice. In this case, the fights will take place in Australia (in the homeland of George).
Devin Haney is a great fighter. He is called the second Floyd Mayweather (they have similar fighting styles). Devin Haney dreams of the glory of the legendary boxer and millions of dollars. He is an incredibly ambitious person. Devin is an incredibly talented boxer, and with each fight he progresses, perfecting his fighting style.
This young boxer has a very extensive arsenal of striking techniques. He successfully uses both jabs and uppercuts. He is also incredibly mobile and easily increases the distance with a partner.
In my opinion, he will win the fight with George Kambosos. In any case, a very interesting battle awaits us on June 5!
Is Haney called the second Floyd Mayweather? Haney is still learning the philly shell. I reckon he is not as skilful as Floyd Mayweather with this defensive style. Watch the replay of Haney versus Jorge Linares. Haney was not as quick to avoid the punches when he went into a shell and bended to his right side. Kambosos will certainly see this as an opportunity for his double jab left hook. Also, Haney is still very young and still learning. This unification might be taken very early in his career and in my own opinion, it should be taken later. |
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Bitcointalk Username: bbc.reporter
Current post count (Including this one): 9404
bech32 BTC Address: bc1qa7als8kqfzafemnflafdcss964m50pxvcwy9vv
Merit in the last 120 days: 83
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After the failure of Terra, Luna and UST, it appears that some attention is again going back to Tether and USDT. The questions about the solvency of Tether will never stop until they go through an audit. If anyone really needs to hold a stablecoin, USDC might presently be the safest. Tether, the $74 billion stablecoin issued by Tether Holdings Limited, has faced increased scrutiny since the collpase of agorithmic stablecoin terrUSD that partly triggered a $1 trillion bitcoin, ethereum and crypto crash (with more pain thought to be on the way).
Now, a Barclays strategist has warned tether, which claims it has adequate reserves of U.S. dollars and dollar-equivalent assets to maintain its one-to-one dollar peg, could be hit by a price spiral if holders rush to sell it "quickly before its price falls even further."Source https://www.forbes.com/sites/billybambrough/2022/05/19/sudden-price-spiral-warning-issued-over-major-stablecoin-as-bitcoin-and-ethereum-bounce-from-crypto-crash-lows/Also, small amounts of Tethers being redeemed will be okay, however, redeeming it by the billions might become a problem because of the question on Tether's solvency. Institutional investors and whales might have begun redeeming their Tethers for dollars already. The marketcap is now less by around $9 billion which occurred only in the month of May.  |
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Bitcoin has no future as a payments network because of its inefficiency and high environmental costs, according to one of crypto’s most influential chief executives.
I read the headline as : Sam Bankman-Fried has no future as an influencial chief executive according to Bitcoin. I mean seriously, anyone who is supposedly an influencial figure in crypto should at least understand what Bitcoin is becoming and that there is nothing standing in its way? Does he even take into consideration all the neverending upgrades that Bitcoin keeps going through or that Bitcoin can be scaled in two ways: the blockchain can be upgraded to enable greater throughput and additional networks, called layers, can be created to allow bitcoin to be transferred without directly using the blockchain. Which part of this is not scalable? And the high environmental costs is the argument I hate most. The problem is not the fact that it uses electricity but rather that our current way of generating electricity is extremely dirty and would be just as environmentally damaging even if Bitcoin was never invented. The solution? Green resources and new energy technology. This is why you can never trust a Bankman. He is just spreading FUD so he can fill his own pockets like the other fudders with too much fiat. Agreed. And being honest with everyone, I really thought Sam Bankman-Fried would be one of the ethical founders in the cryptospace. Through Alameda Research, he and his team might have been trading against the users much of the time since the beginning. There are rumors that he made a deal with Jump Capital involving a large percentage of Serum tokens to manipulate retail investors into losing in Luna and UST. I do not have the whole story, however, more details will be shared soon. |
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Of course it will have a effect on Devin Haney as his father has guided him to many fights and this is the biggest. Nevertheless he will have Yoel Judah to guide him, so for sure they have set up a game plan and have communicated everything that they need to do in this fight. As for the judges, I don't want to speculate, on it, everything is on Haney's hand if he doesn't want the fight goes to the judges decision. I change my pick for this fight hehe. I was watching some of Kambosos highlights and also some highlights of Haney. It appears Haney is not very good in using the philly shell. I reckon Kambosos' left hook after the double jab will be there for Haney's head when he leans to his side heheheeh. This fight might become unpredictable after round 3 with a small advantage for Kambosos. Also, Haney is only 23 years old. He might not take the stress of fighting in Australia very well without Bill Haney with him. |
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MINING OF BITCOIN:
This could be solved by investment and effort. It doesn't have to be a massive farm, they could start small by installing some solar panels and import some ASICs and get to mining bitcoin then slowly expand their business if they are good at managing money and their business. I've seen others do it in poorer countries with far more issues like Venezuela. Agreed! I reckon it might also be a much needed transformation for miners to progress from being more centralized, large mining farms to smaller, independent and decentralized mining hubs. The biggest cause of this transformation would be the increasing energy prices which have began already in Europe and other parts of the world. I speculate it will not stop there and it will only become worse. We should not deny the reality that this will certainly affect the cryptomining business. Larger Shocks Are Coming With Your Electrical energy Payments
Nearly unnoticed, regional ahead electrical energy contracts for late 2022 and, particularly, for 2023 have risen considerably over the previous few weeks, heralding additional utility invoice hikes. In some circumstances, ahead contracts have set document highs, having surged about 40% over the past two months.
To date in Might, the benchmark German one-year ahead electrical energy contract has averaged 222 euros ($235) per megawatt hour, heading towards its highest ever month-to-month degree, above the earlier document set final December at 207 euros per megawatt hour. Earlier than 2021, the best common for a similar benchmark contract was 83 euros in July 2008.Source https://easttip.com/larger-shocks-are-coming-with-your-electrical-energy-payments/ |
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~
It's rare that I pay attention to this kind of stuff, this time of year. A lot of it is show and the ends are usually different than what's "rumored." A great example is the draft-time drama from the Niners and Deebo, the latest with that of course; they're working on a contract, lol. It appears you are correct. There is also this article which might only be trying to kill the hype on Trey Lance to lower everyone's expectations and reduce the backlash from the fans if he gives another bad performance. I am very skeptical of the sincerity of Chris Simms' criticism, he and Kyle Shannahan appear to be good friends and college buddies according to other articles. Chris Simms did not hold back with his NSFW assessment of Trey Lance during the NBC Sports NFL analyst's annual QB rankings.
Simms ranked the presumed 49ers starter at No. 31, only one spot ahead of Sam Darnold, two spots ahead of Geno Smith. Not exactly elite company.Source https://sports.yahoo.com/chris-simms-harsh-trey-lance-192635366.html |
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he still is one of the smartest founders in the cryptospace. He graduated in MIT, he created his own exchange from nothing and he is presently one of the biggest names.
Craig Scammer Wright is also a college graduate and has a PhD but that doesn't make him smart nor his statements right. Same with creating a website and a service that makes you more money! what is his agenda behind his statements?
In my experience they always want to push a "better" solution that ends up filling their pockets. He is one of the biggest donors in the Democratic National Convention and look at the picture, he is with Bill Clinton hehehe.
In other words a picture with an old dude who used to be somebody cost him a lot of money  You appear to be making an effort not to understand what is being implied. Similar to Craig Scammer Wright, who I reckon is only acting like he is a stupid person, has a deeper agenda behind the act. Be careful of this and the community should not be so arrogant to underestimate these dumb people. Sam Bankman-Fried is filling his pockets, yes and he will fill them more to use and expand his power and influence not only in the cryptospace, being one of the largest donors in the Democratic National Convention. Also, he who controls the markets, controls the world and the biggest powers behind the cryptospace are the largest centralized exchanges. This is why it is very important for the community to accept Defi as a development that can bring power back to the developers and the users. |
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Username: bbc.reporter
Current post count: 9397
BTC SegWit Address: bc1qa7als8kqfzafemnflafdcss964m50pxvcwy9vv
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Current number of post (Including this one): 9396
Rank: Hero
bech32 address: bc1qa7als8kqfzafemnflafdcss964m50pxvcwy9vv
Merit earned in the last 120 days: 83
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@Fatunad. There is no see. I like Nonito Donaire, I am a fan of him and I reckon he is a much better boxer in style compared to Manny Pacquiao. If Donaire had the same speed, power and determination of Pacman, I reckon he would also certainly be a champion of many weight divisions. However, Inoue is clearly stronger than Donaire. I also posted before an exaggeration that Donaire will be knocked out and brought out of the ring on a stretcher hehe. It appears many people did not like this and I was not antagonizing anyone. This is only to express that Inoue will be very hard for Donaire. The odds for Inoue, however, is very bad for betting. Rounds betting might bet the only way to be this or Inoue with a knockout win.
Honestly, the majority of Filipinos already know and understand the distance between Naoya Inoue and Nonito Donaire. We are not ignoring the reality and facts that Inoue has all the advantages. However, it doesn't mean that Donaire can't pull an upset against the Japanese monster. I have to disagree with you that Donaire needs to have the same determination as Pacquiao. Is that even possible to have the same level of determination as other boxers? Obviously, a big no as different boxers has a different approach and inspiration for their own career. I also posted before an exaggeration that Donaire will be knocked out and brought out of the ring on a stretcher hehe. It appears many people did not like this and I was not antagonizing anyone.
Naoya Inoue was sent to the hospital right away after the fight as he received heavy damage from Donaire. The first time in his career. The first time for him to struggle in a match. That's the reason why upset is always possible to happen. There is certainly a chance for an upset, similar to the rematch I predicted in the UFC where Aljamain will win with a split decision versus Petr Yan. It occured as predicted because Sterling was very much underestimated by everyone. However, on this fight no one is underestimating Donaire. We accept that he has a chance, however, will it be a big chance? It certainly will not be as big as Sterling defeating Petr Yan. Also, Naoya Inoue is undefeated. |
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Begin learning and researching on which projects will survive this bear market. It is very clear that a bullish argument for good projects with good development teams have been made stronger today. After more dumps on the market are made, the investors will move more to seek value projects for holding than seek projects for short term and midterm trading and speculation.
Much of the projects in the market will never pump and never reach all time high again. However, there might be 5% of altcoin projects that are presently being prepared to create their all time highs when the market recovers. This is a market for investing in good development teams. The time of marketers and shills are over.
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This is a misunderstanding, problem have been solved.
We already did a signature campaign here which is obvisouly more expensive than 20$ without any issue.
It makes sense. First the issue was resolved. Second $20 is too small compares to budget of your campaign you are running. So it does not make sense if PlataOCrypto runs away with $20. Agreed. However it also showed which forum member PlataOCrypto should not be working with. The scam accusation post might have been a mistake created by the accuser. This issue is only about a $20 payment and a misunderstanding. It would have been resolved very easily in private between the 2 parties. It would have been the beginning of a working relationship and something to make extra money later if the accuser was much more patient. |
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@Fatunad. There is no see. I like Nonito Donaire, I am a fan of him and I reckon he is a much better boxer in style compared to Manny Pacquiao. If Donaire had the same speed, power and determination of Pacman, I reckon he would also certainly be a champion of many weight divisions. However, Inoue is clearly stronger than Donaire. I also posted before an exaggeration that Donaire will be knocked out and brought out of the ring on a stretcher hehe. It appears many people did not like this and I was not antagonizing anyone. This is only to express that Inoue will be very hard for Donaire. The odds for Inoue, however, is very bad for betting. Rounds betting might bet the only way to be this or Inoue with a knockout win.
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From the founder who was pumping bitcoin to the scammer who has dumped everything he pumped hehe. Do Kwon will certainly go to prison for this. He is trying to fix the project by proposing a fork, however, the damage has been done. This cannot be fixed. It can only be fixed in the eyes for those investors who lost money if Do Kwon is convicted and to be banned from making new projects.  The collapse of the tokens linked to the Terra ecosystem, stablecoin terraUSD (UST) and Luna (LUNA), has led to some major investors coming clean and detailing their losses. Two more backers of Terra are disclosing exactly how their balance sheets have been affected.
Publicly, Hashed has said that it is “financially sound” and Hashed Ventures hasn't been affected by the crisis.
All in all, Hashed’s losses amount to over $3.5 billion using pricing data from early April.
Local media in South Korea report that more than 200,000 investors in the country hold Terra-related tokens.Source https://www.coindesk.com/markets/2022/05/19/terra-backers-delphi-digital-and-hashed-lick-their-wounds-after-ust-and-luna-collapse/There are also startups that have began scamming their own customers for UST yields in Anchor hehehe. Yikes. @stablegains
took USDC and USD via wire from customers promising them 15%, put it all into Anchor without telling them, and skimmed 4% off the top. They have now changed the denominations in their app from USD to UST and are nuking the landing page & old terms.
These guys are in deep trouble - they lost about $42m in funds from 4,878 customers and probably have no way to pay it back (they're a small startup) because they went all in on Anchor's invincibility. Conviction bets are great, but not when toying with people's savings.Source https://mobile.twitter.com/fatmanterra/status/1527153694218797058?s=12&t=i0uLuE5dnP0wxx9wTxDuewThe government of South Korea has brought back their special financial crimes unit to investigate Terra. This financial crimes unit were also used to investigate IPO scams in the stock market. A specialized financial crimes unit has been tasked with investigating last week’s collapse of the Terra blockchain’s main cryptocurrencies while founder Do Kwon faces hefty tax fines, according to South Korean media reports.Source https://www.theblockcrypto.com/post/147606/south-korea-investigates-financial-crimes-crypto-terra-luna-kwon-crashSouth Korean lawmakers want Do Kwon for questioning. It appears that the proposed Luna fork might only be something for Do Kwon to make it appear that he is trying to fix the damage. Earlier today, the de-pegging of UST was taken all the way to the National Assembly’s Political Affairs Committee at a plenary meeting. During the meeting, discussing the damage the network had caused to several individuals, Rep. Yoon Chang-hyeon, a member of the ruling party urged the government to bring in Do Kwon for questioning.Source https://watcher.guru/news/heres-how-much-trouble-terra-do-kwon-is-in-following-usts-demise |
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