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2621  Bitcoin / Bitcoin Discussion / Re: Bitcoin has no future as a payments network, says FTX chief on: May 20, 2022, 12:30:59 AM
I think the journalist took his comment out of context and they used that to spread FUD.  Roll Eyes  How nice will it be for these journalists with a hidden agenda to steer a conversation in a direction, where you are forced to say something that might be used against you.  Roll Eyes

When you want to take down an organization or a movement, you start from the top and you take down their leaders. This might have been planned or it is just some people with a hidden agenda that are nitpicking certain statements to push their agenda.  Roll Eyes

Example : Journalist : Do you think Bitcoin use a lot of electricity..
              Guest : Yes...... bla bla bla
              Journalist : Does the high electrical use of Bitcoin mining, influence it's future ......

The guest must navigate a minefield to say or respond to the question that has limited exits ....because it was a loaded question.  Roll Eyes

I would agree on most occassions, however, not in this interview because what Sam Bankman-Fried is implying agrees with mainstream media's agenda against cryptocoins like bitcoin. Those clarification statements Sam tweeted were made after the backlash from the community. However, I agree with what he said about bitcoin, but I am skeptical of his agenda in why and in the way he said them.

There was an interview with Sam Bankman-Fried before where he said that the next Bitcoin will be Solana. This man is one of the most intelligent people in the cryptospace. He knows the difference between bitcoin and proof of stake altcoins but he declares Solana will become the next Bitcoin because it can make thousands of transactions per second? What is the agenda hehehehe.



The next Bitcoin has to be a blockchain with the potential to process thousands of transactions per second. Since the Solana blockchain can process 50,000 transactions per second, Sam Bankman-Fried sees potential in SOL becoming the next Bitcoin.

Influential investors are bullish on Solana, contributing to a rise in the altcoin’s adoption. In a recent interview with Kitco, Sam Bankman-Fried (SBF) lauded Solana for the protocol’s ability to scale to millions of transactions per second. The FTX CEO said that it makes Solana an integral part of cryptocurrency adoption and the next Bitcoin.


Source https://www.fxstreet.com/cryptocurrencies/news/ftx-founder-sam-bankman-fried-believes-that-solana-can-be-the-next-bitcoin-202111270618
2622  Bitcoin / Bitcoin Discussion / Re: Bitcoin has no future as a payments network, says FTX chief on: May 19, 2022, 05:15:19 AM
I think Sam Bankman-Fried is one of the most intelligent founders in the cryptospace,
Sam Bankman-Fried, founder of the digital asset exchange FTX, said the proof of work system of validating blockchain transactions,
This very "intelligent" person doesn't still know that proof of work has nothing to do with validating transactions Cheesy

In any case I'm very curious about what alternative he is supporting and whether his centralized exchange is introducing yet another centralized shitcoin like their counterparts that is supposedly "better than bitcoin"...

Whatever mistake he might have said in describing proof of work, 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.

This is why despite being one of the smartest, what is his agenda behind his statements? He is one of the biggest donors in the Democratic National Convention and look at the picture, he is with Bill Clinton hehehe. Also, after the backlash from the interview, his PR team did very well in creating his statements for him to clear his stance. He should pay them more Solana and FTT hehehehe.
2623  Economy / Gambling discussion / Re: 🥊 The UFC Info and Prediction Thread on: May 19, 2022, 03:42:43 AM
Lot of talks around Charles Oliveira now, Joe Rogan thinks he was screwed at UFC 274 with that decision, and Daniel Cornier thinks Oliveira could bring back Kahbib from retirement, but I doubt this will happen.
Guys don't forget to make predictions for upcoming UFC Vegas 55 event, participate in Multi Master Challenge and win some free bets from Sportsbet:
https://bitcointalk.org/index.php?topic=5399245.0

Joe Rogan was skeptical that the digital weighing scale that fighters use before their real weigh in was tampered. We cannot be certain if this is true, however, similar to what I have said before, Charlie Olives did not have problems with weight before the fight. He was on weight according to the digital weighing scale he used.



During a recent episode of The Joe Rogan Experience, Rogan gave his thoughts on Oliveira missing weight before UFC 274.

“He’s a very, very nice guy, and he got screwed in his last fight,” Rogan said of Oliveira. “There was some shenanigans with the scale. Some people messed with the scale. Here’s a problem these digital scales, foreign fighters- they use kilograms. And in America, obviously, we use pounds, right… So, these scales are calibrated and then the foreign fighters would reset the scale so they could switch it back to kilograms. So it fu*ked up the whole calibration. And so he would weigh in the night before the weigh-ins, and he was like, ‘oh, I’m good to go.’ And then in the morning, he goes and shows up for the weight cut and it’s a pound plus off and that is directly related to this calibration issue.”


Source https://www.mmanews.com/2022/05/rogan-echoes-helwanis-take-on-charles-oliveira-being-screwed-at-ufc-274/


It appears no one is talking about the biggest underdogs for this fight card hehehehehe. Parker Porter might be much heavier for his opponent, also Chase Hooper might be much bigger for his opponent hehehe. There is also Polyana Viana who can beat men.



https://www.abc.net.au/news/2019-01-08/polyana-viana-ufc-fighter-beats-up-would-be-robber-in-brazil/10697010
2624  Economy / Gambling discussion / Re: [BOXING] George Kambosos vs Devin Haney - Undisputed Lightweight Title - June 5 on: May 19, 2022, 03:10:03 AM
@Boafeng, @bisdak and other boxing fans and experts in this thread. It appears Devin Haney's father who is also his head trainer has not been given a visa to enter to Australia and he will not be in Devin's corner for the fight. How much will this negatively impact Devin Haney's performance in the ring? Is there now presently an argument to bet on the underdog who is also fighting in front of his own country? On a more skeptical question, will the judges in Australia judge this in favor of Kambosos if the fight is very close?



Devin Haney hits the road for the biggest fight of his young career without his primary team in tow.

Travel plans for the WBC lightweight titlist will not include the company of his father and head trainer, Bill Haney who was not permitted to go through customs for their trip to Australia. The elder Haney was denied entry due to a prior conviction holding up his visa application, forcing Devin Haney to literally fly solo en route to Melbourne ahead of his June 5 undisputed lightweight championship clash with lineal/WBA/IBF/WBO champ George Kambosos Jr.


Source https://www.boxingscene.com/bill-haney-not-permitted-travel-australia-yoel-judah-lead-devin-haneys-corner-kambosos-fight--166321
2625  Bitcoin / Bitcoin Discussion / Re: UST Stable coin depegs from dollar USD may Crash BTC,cause crypto death spiral on: May 19, 2022, 02:24:28 AM
Similar to what Boafeng speculated on insider trading, which should in reality not be a speculation, this news article shows that there were insiders who might be the first to receive the news on what was happening behind Luna and UST. Joey Krug might be saying that the market has been frothy, however, they might have been one of the first to be informed that Do Kwon was moving bitcoin from Terra's treasury to the exchange to defend the peg.

Also, Pantera's node and other insiders' nodes became offline during the depegging



Pantera Capital, one of the high-profile backers of Terraform Labs, cashed out nearly 80% of its Terra (LUNA) investment well before TerraUSD (UST) collapsed last week.

"The market has been fairly frothy over the last year and thus we'd exited the majority of our position before any of this happened," Joey Krug, co-chief investment officer at Pantera Capital, told The Block. "Roughly 80% over the last year, fairly gradually over time."


Source https://www.theblockcrypto.com/post/147668/terra-pantera-capital-cashed-out-80-investment-before-ust-crash
2626  Economy / Gambling / Re: 💥🔥Fairspin.io🔥💥 | Blockchain Casino to Play🤩 & Earn🤑 on: May 18, 2022, 03:58:36 AM
It looks like the trading volume on pancakeswap is only $57, and there have only been 2 transactions in the last 24 hours. Obviously, it's very weak data, and you're right that Fairspin should promote the TFS token more aggressively. As an option, listing on any popular centralized exchange could significantly pump the price of the TFS token, given the low market cap.
I don't want to sound like a FUDster, but I am going to be realistic, What's the point of the TFS token?

What advantage does it have over the likes of Bitcoin. Ethereum, Doge, LTC or Solana?
So many casinos or projects create tokens that have no real advantage (except make for them more money) or use case, and they end up dumping just like any other token over the past years.

You're not being a fudster. You are bringing a good argument. Similar to you, however, on the other side of the argument, I do not want to sound like a shill because I am in Fairspin's signature campaign. But I have argued for tokenization before and why they have become necessary for many projects in the cryptospace as protection.

In Defi projects issuing tokens has become a necessity because if they do not do this, another development team can fork the project and issue a token with it. Tokenization has become a very important tool in community creation, community and developer incentives and for the project's growth. Tokenization, NFT and stablecoins issuance will be the next big development in cryptospace gambling sites.
2627  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: May 18, 2022, 02:19:15 AM
Pretty soon basketball season will be over and then it’s just baseball, at least for those of us who are in the United States, my point being I miss football and can’t wait for it to start up. Just curious who you guys top targets are for next year in fantasy, any guys you plan on targeting ?

For the next season I will pick the best players available in front of me and I will not try to be too smart and not try to do much research about making the picks. I was lucky to pick Ekeler first over Nick Chubb because of it or was it because someone picked Chubb before me and I picked Ekeler randomly hehe. Which proves that pick anyone in front of you will work.

Pretty soon basketball season will be over and then it’s just baseball, at least for those of us who are in the United States, my point being I miss football and can’t wait for it to start up. Just curious who you guys top targets are for next year in fantasy, any guys you plan on targeting ?

If the draft was today, I'd pick all players whose last names start with a "B", that's how much I currently know about who's who in the NFL... I have some catching up to do.

Yes, Goat Brady. I hope I get him first again hehehehe. Justin Herbert is my other choice. However, there might be an argument for Dak Prescott.
2628  Alternate cryptocurrencies / Altcoin Discussion / Re: Luna CEO Taking Lone walk To Luna 2.0 on: May 18, 2022, 01:13:57 AM
Terra Luna is dead and Do Kwon's imprisonment might become a certainty. If I was Do Kwon I would take every coin I have and keep it in a safe place and save them as payment for legal fees which he will certainly need.

Luna's legal team has also quit the project. Do Kwon's own legal team for the project do not want to defend it themselves once the regulators begin their investigations. I hope none of you lost much of your money in this failure.



The in-house legal team at Terraform Labs resigned shortly after the collapse of Terra’s algorithmic stablecoin wrought havoc on crypto markets.

A person familiar with the matter told The Block that legal operations are now being handled by outside counsel.

The LinkedIn profiles of Terraform Labs’ general counsel Marc Goldich, chief corporate counsel Lawrence Florio, and chief litigation and regulatory counsel Noah Axler show that all three stopped working for the company in May — all after less than a year at the company.


Source https://www.theblockcrypto.com/post/147390/terraform-labs-legal-team-resigns-after-ust-collapse
2629  Bitcoin / Bitcoin Discussion / Bitcoin has no future as a payments network, says FTX chief on: May 18, 2022, 12:45:48 AM
Are we witnessing the emergence of the biggest bitcoin antagonist in the cryptospace? I think Sam Bankman-Fried is one of the most intelligent founders in the cryptospace, however, I am starting to be more skeptical about his agenda. In the article, he mentioned that bitcoin may have a future as an asset, a commodity or a store of value. I am scratching my head on what he might be implying in his statement. Is he telling us that bitcoin will not forever be no.1 in market capitalization?

Skeptical. I do not know if he is making an honest assessment on bitcoin or if this is the beginning of their new agenda to remove bitcoin from being no.1.



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.

Sam Bankman-Fried, founder of the digital asset exchange FTX, said the proof of work system of validating blockchain transactions, which underpins bitcoin, was not capable of scaling up to cope with the millions of transactions that would be needed to make the cryptocurrency an effective means of payment.

“The bitcoin network is not a payments network and it is not a scaling network,” said Bankman-Fried.

But despite his views on bitcoin, Bankman-Fried said he still believed the world’s biggest digital asset had a place in the crypto market.

“I don’t think that means bitcoin has to go,” he said, adding that the token may still have a future as “an asset, a commodity and a store of value” akin to gold.


Read in full https://www.ft.com/content/02cad9b8-e2eb-43d4-8c18-2e9d34b443fe
2630  Economy / Gambling discussion / Re: [Boxing] Crawford vs Spence on: May 17, 2022, 03:35:49 AM

Don't worry guys, this fight will really happen at high chance.

Errol Spence not concerned with Canelo, focused on Crawford fight

The fact that Spence is focused on Crawford, that's a good sign where in fact, he's not even interested before and Crawford is the one aggressively requesting for their match. We just have to wait for any information as that might be on work already but the public is not just aware.

Please take a read at the article, there's a good information there.

I am shaking my head. Was that news reporter a Mexican or a fan of Canelo? Why create this type of storyline for Errol Spence when it is very clear that fighting Canelo after losing to Bivol will not be as exciting as fighting the other king of welterweight and it will also not be a good business decision for Spence. I reckon Canelo should fight GGG and win it spectacularly first before he can look for bigger fights in other weight divisions again.
2631  Economy / Gambling discussion / Re: 🥊 The UFC Info and Prediction Thread on: May 17, 2022, 02:53:26 AM
And those fighting kittens are ready for me to watch, Amanda Ribas and Andrea Lee, I will surely feast my eyes on those two while sipping some beer, so good luck with their fight.

The 2 of our sexy fighting kitten have lost, however. It was to be expected but I thought Andre Lee would be having the better performance between her and Amanda Ribas. I did not bet on either of them, however, on Amanda Ribas' next fight I will certainly bet her even if she is favorite. She appears to be much improved after she lost the fight versus Marina Rodriguez.

We also have another fighting kitten for the next event hehehehe. Polyana Viana, she was the girlfriend of Colby Covington. He might be lying, he hates Brazil hehehehe.

2632  Economy / Speculation / Re: Terra cofounder Do Kwon is the one who is pumping Bitcoin on: May 17, 2022, 01:55:07 AM
@Kemarit. This is much more different, however. Terra Luna and UST were supported as part of the cryptospace's bluechip ecosystem. The concept of algorithmic stablecoins was something that was going to bring everything more independent from fiat currencies. I reckon as an idea it is something the cryptospace very much needs, however, the implementation is clearly much harder to make.

In any case, the intruder who went to Do Kwon's home talked to news reporters and said that he lost $2.3 million in Luna and UST. This might be clickbait. The reporters should ask if $2.3 million is being valued when Luna was more than $100 per token or if is investment started with $2.3 million.



“I have lost about 2 to 3 billion won (US$2.3 million)
Suspect told reporters

He spoke to the reporters following the Seongdong police station investigation. The suspect also urged Kwon to take up full responsibility for the downfall. He used to operate an online broadcasting channel. The suspect claimed that many had taken their own lives amidst the fall of the stabelcoin.


Source https://watcher.guru/news/suspect-who-invaded-terra-founder-do-kwons-home-reveals-his-motive
2633  Bitcoin / Bitcoin Discussion / Re: UST Stable coin depegs from dollar USD may Crash BTC,cause crypto death spiral on: May 17, 2022, 12:31:25 AM
^^ Oh, so this means that there is insider trading or this might be the plan of Do-Kwon months ago when he shares that he will start to buy billions worth of BTC and then this crash happens.

But I wouldn't say that it's a death spiral, only those strong altcoins survived the current downtrend. Bitcoin starting all over again and trying to regain back the $30k support levels.



Insider trading in the cryptospace is a certainty because it is easier to do with everything almost unregulated. Coinbase has accumulated and pumped coins with the knowledge that the coins will be listed. Binance and other exchanges are doing this also. This is the power of having your own trading desk without a regulator watching you.

Who said that this would create a death spiral? Do Kwon has dumped most of the bitcoin in Terra's treasury. There might only be 300 coins left in the wallet hehehe.
2634  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: May 16, 2022, 04:52:50 AM
San Francisco 49ers fans, @DireWolfM14, is this rumor true? This might be head scratching because Trey Lance is cleary not ready to be the starting quarterback and if Jimmy Garoppolo is traded who will they get from the Panthers, Sam Darnold? This is clearly not the move similar to the Rams where they brought in an underestimated quarterback hehehe. This implies that San Francisco might be supporting Trey Lance for the whole of 2022-2023 despite of the risks?



When the 49ers' 2021 NFL season ended with a loss to the Los Angeles Rams in the NFC Championship Game, not many expected quarterback Jimmy Garoppolo to remain on San Francisco's roster in mid-May.

But as the quarterback carousel unwinded in a busy offseason around the league, no team answered the 49ers' calls for a Garoppolo trade.

One of those teams that appeared to be a natural landing spot for the veteran quarterback was the Carolina Panthers, who entered the 2022 NFL Draft with Sam Darnold as their top quarterback on the roster. But the Panthers addressed the position in the draft by selecting Matt Corral out of Ole Miss in the third round, possibly signaling an end to rumors regarding a possible Garoppolo exchange.


Source https://sports.yahoo.com/nfl-rumors-jimmy-garoppolo-panthers-164346351.html
2635  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: May 16, 2022, 03:48:36 AM
They also have Marlon “Chito” Vera UFC fighters as brand ambassadors, this is clearly one of their forms of marketing to make Roobet even bigger.
Woohooo didn't know Marlon Vera become a Roobet brand ambassador, it would be better if Roobet can reach Oliveira or McGregor since they're very popular on UFC.
I don't really follow the UFC, so I don't really understand how popular Marlon Vera is but compared to McGregor people will be more aware of McGregor and it could be that his level of popularity makes Casino have to spend more to sign him become a brand ambassador, but it could be also that Roobet is targeting the Latin America market to be able to get a lot of players from there.

However, if you want someone from the UFC to represent your business would it be Conor McGregor who has lately been having a very bad reputation? There are stories slowly coming out that he is involved in the Irish mafia in his hometown which the leaders are his childhood friends.

Marlon Vera is a humble fighter who is also a family man with 3 children. One of those children is a special child that he loves dearly which also gives a very good impression as a brand ambassador for a business. His fee might also be much cheaper compared to Conor as you also mentioned hehehee.
2636  Bitcoin / Bitcoin Discussion / Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 on: May 16, 2022, 03:10:00 AM


A day back El Salvador President Nayib Bukele have removed the laser eye profile pic and the #bitcoin from his bio. The same is taken to discussion connecting it with the loss of $36m from the reserve. Later he has said thanks for reminding and I want to wear those again.

I don't see this as a loss. Still the country holds the number of bitcoins bought and they haven't sold it. If the inflation of the fiat holding is calculated, the loss will be high against ongoing market crash. Some has stated the ongoing Luna incident a rug pull and this gets followed by bitcoin.

This might be seen as a form of the beginning of Bukele's capitulation. He is not only an investor in bitcoin but he is also a leader of a 3rd world country who has enemies in politics that can criticize those bitcoin purchases as a waste of publicly owned resources. We cannot be certain if this is the beginning of something, however, it would really not shock me if El Salvador began dumping their bitcoin investments because of political pressure or because of a threat on Bukele's power.
2637  Bitcoin / Bitcoin Discussion / Re: UST Stable coin depegs from dollar USD may Crash BTC,cause crypto death spiral on: May 16, 2022, 02:36:28 AM
It might not only be that. Before we were very worried about USDT's peg if it can keep it versus USD then now we are presently looking at UST if it can recover and repeg to USDT which also is trying to keep its peg with USD hehehe. This is a comedy show being written in crypto history with algorithmic stablecoins pegging with fractionalized stablecoins that are pegged with a fractionalized fiat currency. The Big Short 2.0 in the making.
I know how crypto market is with fud and everything will return to normal. However with this case, it is an attack and seriously it goes beyond anything we can imagine of. Unfortunately, in calculation it is impossible for LUNA to come back to even jusf $1. Anyway, I smell many things fishy in this case. Many ventures stay outside even they have serious huge capital there. Did they short it too? When short is done, will they suddenky appear to give financial support for Terra?

Quote
Also, it is speculated that a major liquidity provider in the cryptospace has lost much of its equity in UST and Luna. This might cause the whole market to dump lower. Follow the Luna wolf tattoo hehehee.


Galaxy
Nice tattooo!

It is another thing. If the incident is a huge combined attack not only on Terra but also aim at crypto market in general, months ahead will be bad.

It is speculated that there were insiders and investors of Luna themselves who were the first to know what was happening and withdrew all their UST from the Anchor protocol, dumped their UST for USDT or USDC in Curve and also went to short Luna. There are 2 cryptofunds that also are market makers who have the capability to have done it, 3 Arrows Capital and Alameda Research. They might have collected billions of dollars from this catastrophe.

Regulations on stablecoins might come much quicker than expected. Circle and USDC might be given the most benefit because of this and steal Tether and USDT's lead in the stablecoin market.



A top official at the U.S. Securities and Exchange Commission (SEC) signalled on Thursday that stricter rules around crypto stablecoins could be drawing closer.

Cryptocurrency markets have an overall value of about $1 trillion this week amid the collapse of the stablecoin TerraUSD and a destabilising plunge in Tether, currently the world's largest stablecoin by market cap.


Source https://www.reuters.com/business/finance/secs-hester-sees-movement-us-stablecoin-regulations-2022-05-12/



Also that arm with the tattoo is Mike Novogratz of Galaxy Digital hehehe.
2638  Economy / Gambling discussion / Re: Boxing Speculation, Odds and Predictions on: May 15, 2022, 05:46:47 AM
It appears that I should have been braver on my bet hehehe. I knew there was a good chance that Charlo would knockout Castaño, however, I was not sure about their first fight if it was only Charlo underestimating Castaño or if Castaño is really a very good boxer. Charlo winning with a knockout would have won more money.

Also, did everyone see Boots Ennis knockout his opponent in the 2nd round? I predict him to be a real challenge for the kings of welterweight, Errol Spence and Terence Crawford on 2023. His next fight should be vs. Keith Thurman to build his name.
2639  Bitcoin / Bitcoin Discussion / Re: UST Stable coin depegs from dollar USD may Crash BTC,cause crypto death spiral on: May 14, 2022, 04:39:24 AM
Their products have some death points which they should realize at begining when they build it. What Terra did with UST and LUNA is partially similar to margin trading and liquidation on the market. Traders are not safe if the collateral asset is Bitcoin, altcoins because when price of collateral asset is down deeply, their position will be liquidated.

Now you can add stablecoin into bad asset list for collateral. I don't understand why Terra comes up with the idea, totally algorithm, smart contract based stable coin which is backed by other coins even they are Bitcoin or Ethereum

It might not only be that. Before we were very worried about USDT's peg if it can keep it versus USD then now we are presently looking at UST if it can recover and repeg to USDT which also is trying to keep its peg with USD hehehe. This is a comedy show being written in crypto history with algorithmic stablecoins pegging with fractionalized stablecoins that are pegged with a fractionalized fiat currency. The Big Short 2.0 in the making.

Also, it is speculated that a major liquidity provider in the cryptospace has lost much of its equity in UST and Luna. This might cause the whole market to dump lower. Follow the Luna wolf tattoo hehehee.


Galaxy
2640  Economy / Gambling discussion / Re: Boxing Speculation, Odds and Predictions on: May 14, 2022, 03:16:52 AM
In any case, it is Jermell Charlo versus Brian Castano. The odds on Charlo is only 1.51. However, it appears his victory is a certainty.

Jermell Charlo is on another level. He is dangerous.

I'm hoping that someday he will face Canelo Alvarez in the catchweight at the Light Middleweight division but seems impossible now as previously beaten by a heavy underdog Dmitry Bivol a week ago.

The upcoming Charlo vs Castano II will now erase the questions on their 1st fight that ended up in a split decision.

I reckon the first fight only ended in a split decision because Jermell Charlo might have underestimated Castaño. I am not quite sure of this but we can ask @bisdak or @Boafeng. However, Charlo certainly makes it appear that he might be underestimating him in the press conference. I hope I am wrong and this is only trashtalking tactics from him hehe.

This might end with a knockout for Charlo but I will make it safe and bet only Charlo to win.
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