Another next big industry move besides my speculation of the possbility of incorporation of NFTs and the metaverse by the gambling services in the cryptospace is the adoption of algorithmic stablecoins as their main currency. Stablecoins like Terra’s UST. Similar to the argument that stablecoins brought the Defi boom and NFT boom as mentioned in this article, it might also bring an opportunity for cryptogambling services to boom.An algorithmic stablecoin is one that can keep its peg using only software and rules. If one ever works, it could scale infinitely, to whatever size an economy needs.
"To create USDC you need USD in the bank, and that works well if you're just starting out," Tan said. "What comes after, it's the right kind of monetary policy that allows stability and low volatility to allow people to trade ... if we can do that with math and we can do that with monetary policy, that's more efficient."
Without stablecoins, there would have been no decentralized finance (DeFi) booms, which means there probably would have also been no non-fungible token (NFT) boom. Stablecoins have been table stakes for what the industry has achieved so far.Source https://www.coindesk.com/tech/2021/07/06/the-quest-for-a-truly-decentralized-stablecoin/ |
|
|
|
|
@DireWolf. Congratulations!
edit: It appears this Chargers team does not want to enter the playoff hehehe. The lost their mometum during near the end of the 1st half because of the penalties they have commited. I assumed the penalties would stop, however, they commited more and gave all the advantage to the Raiders.
In any case, this is only Justin Herbert’s 2nd year, next season should be the season he brings his team to the playoff. He has the talent, no more excuses for him.
|
|
|
|
|
@suchmoon. Yes it was a very good game for the 49’ers. It is head shaking why Jimmy Garoppolo cannot play like that for the whole season. He showed the team that they cannot trade him next season hehehe. Unless maybe if it was the massage man with lawsuits.
How much are the prizes for 1st, 2nd, 3rd places? I reckon next season the participant ending his season in the bottom should throw a small amount of money in the pot? This will make everyone play until the end of the season hehehe.
In any case, for the next game does anyone speculate that Justin Herbert will throw under 278.5 passing yards? Las Vegas passing defense was good for their last 3 games.
|
|
|
|
|
San Francisco 49’ers might win this in overtime. Are they in the playoff if they win? Jimmy Garappolo is playing a very good game. He deserves another season in the team if he brings them him to the playoff, I reckon. Trey Lance might not perform like this under the same pressure.
@South Park. For fantasy it will be Renfrow versus Ekeler. This is the battle of avoiding the bottomest of bottom hehehe.
|
|
|
|
@tokeweed, @YuginKadoya. I am not quite certain if uncle Dana will consider this, however, triple C Henry Cejudo has offered himself as another choice to replace Max Holloway and challenge Alexander Volkanovski for the featherweight championship hehehe. Henry Cejudo will become the first UFC fighter to win 3 championships in 3 different divisions if gets the victory. As fate would have it, Cejudo, who has been lobbying to fight Volkanovski for several months, has thrown his name into the ring as a potential short-notice replacement. If selected, maybe Cejudo will be the one on the other end of an all-time classic against Volkanovski.Source https://www.mmanews.com/2022/01/cejudo-volkanovski-vs-ortega-greatest-fight-ever/ |
|
|
|
I've compiled a list of player contract incentives, players close to reaching personal milestones and/or breaking league records heading into Week 18. Thought it might be helpful if you are looking to bet on something over the weekend. I like J.Taylor for 2 tuddies a 100 yards and Colts to cover the spread. Gronk is expected to have a busy day.  There is more in the links down below, i've handpicked some of those that i like the most. Kinda tricky with league records being broken and players having an extra gameweek. Player Contract Incentives
Rob Gronkowski: Gronk needs 7 catches, 85 yards, & 3 TDs in Week 18. 55 Catches: $500k; 750 Yards: $500k; 9 TD: $500k
Stefon Diggs: Six more catches would add $750,000
Chris Jones: one sack away from $1.25 million
A.J. Green: extra $250,000 if he reaches 900 yards (825); $250,000 if he hits 60 catches (50)
Dante Fowler Jr: half-sack away from $1 million; 2 and a half-sacks away from $2 million
Marvin Jones Jr. : sitting at 66 catches, needs four receptions for $500,000 and 14 receptions for $1 million.
Records and milestones
Ja’Marr Chase needs 45 yards to break the single-season rookie record (Bill Groman’s 1,473 from 1960).
Ezekiel Elliott is just 85 rushing yards shy of 1,000.
Marquise Brown is 19 yards away from reaching 1,000 yards for the first time in his career.
Jonathan Taylor is 266 yards shy of 2,000 rushing and 2 TDs shy of 20 total rushing TDs. JT went for 30/253/2 against the Jags’ in Week 17 last year.
Cooper Kupp is 136 yards shy of breaking Calvin Johnson’s all-time yardage record and needs 171 yards to reach 2,000 – which is absurd. Kupp also needs 12 receptions to break Michael Thomas’ single-season receptions record of 149 set in 2019.
Matthew Stafford needs 352 passing yards to reach 5,000 yards for the second time in his career, and he needs two TD passes to reach 40.
Elijah Mitchell is 122 rushing yards shy of 1,000.
George Kittle needs 100 receiving yards to reach 1,000 yards for the season.
Christian Kirk is 61 yards away from 1,000 yards for the first time in his career.
Austin Ekeler is 153 yards away from 1,000 rushing.
Justin Herbert is 369 yards away from 5,000 passing.
Derek Carr is 382 yards away from 5,000 passing.
Mike Evans needs 54 yards to extend his NFL record for the most seasons with 1000 receiving yards to open a career to eight straight seasons.
Javonte Williams is 143 rushing yards shy of 1,000.
Kyle Pitts needs 59 yards to break the all-time rookie record for a tight end.
Jaylen Waddle needs three catches to break Anquan Boldin’s rookie record of 101 catches.
DK Metcalf is 91 yards shy of 1,000.
Terry McLaurin is only 40 yards shy of 1,000 receiving yards
Antonio Gibson needs 109 rushing yards to reach 1,000 yards.
Darnell Mooney is 71 yards away from hitting 1,000 yards for the first time in his career. sources:
https://bleacherreport.com/articles/10022972-tom-brady-aaron-rodgers-more-nfl-contract-performance-incentives-ahead-of-week-18
https://twitter.com/spotrac/status/1478748221790900226
https://twitter.com/spotrac/status/1478750619087290377
https://touchdownwire.usatoday.com/lists/aaron-rodgers-tom-brady-stefon-diggs-chris-jones/
https://www.cbssports.com/nfl/news/chiefs-chris-jones-has-1-25-million-on-the-line-in-week-18-vs-broncos-and-heres-why/
https://www.espn.com/nfl/story/_/id/33007044/nfl-week-18-incentives-watch-buccaneers-tom-brady-packers-aaron-rodgers-more-cash-in
https://www.fantasypoints.com/nfl/articles/season/2021/week-18-cheat-sheetI wish we can find the information for player incentives during the beginning of next season hehe. This will be very useful for betting on player props which appear to be more winnable than the spread and betting on over or under the total scores. Also, why is the Ravens 1.52 and the Steelers 2.55. I thought Lamar Jackson will not play? In any case, NFL experts, will Ben Roethlisberger make over 225.5 passing yards? |
|
|
|
-snip
Dune for best picture? although it was a good movie(and to be honest I am surprised that they didn't butcher it), was it really that good to be included as one of the top picks on that category by one of the experts? anyway, according to their prediction it looks like the power of the dog and west side story are strong contenders to win the best picture category. I reckon it was. It was one of the best motion pictures of the year for 2021 if I am being honest. The film changed some characters to be in inclusion of minorities, however, it did not have a negative impact on the story. Also, those experts have made their personal choices on what movie they liked after watching them. However, if they chose to make a pick for betting, I speculate their choice would be Belfast, West Side Story or Power of the Dog. @johhnyUA. Agreed! But I am quite certain that Dune will be nominated for best picture and will win an award in at least 1 minor category |
|
|
|
After reading the comments above, I began to understand that his videos may not be suitable for beginners or for someone with a weak financial background or far from investment.
In fact, I did not hear many of his videos because I like to hear people who have a negative view of Bitcoin, but what distinguishes of Michael Saylor is that he does not talk much about altcoins and quick profit, which is something you rarely find in YouTube channels.
aantonop's videos are good but somewhat technical and not for someone who is a beginner and wants to invest.
You are not a newbie in the cryptospace, you should know why Michael Saylor is not talking about altcoins. This is because he does not hold any altcoin hehehe. However, if Michael the Sailor was holding dogecoin, we can be quite certain that he will be acting the like a high priest preaching his religion to his followers. |
|
|
|
I am not certain about this, however, there are speculations that a group of whales are working together to pump F.O.A.N. The coins in this acronym are Fantom, One Harmony, Atom Cosmos and Near protocol. Open the chart for each and you would see almost a similar pattern for each of them. They are pumping while everything else in the cryptospace are dumping.  Transactions on emerging layer 1 blockchain Fantom crossed those on Avalanche this week as crypto users looked for the next decentralized finance (DeFi) play. Layer 1 blockchains refer to individual blockchain platforms such as Ethereum, Fantom and Solana that can support products and services built atop their networks.
More than 1 million transactions were processed on the Fantom network, compared with 728,000 transactions on Avalanche earlier this week, research from Delphi Digital found. Such transactional activity on Fantom was previously seen in September, data from blockchain trackers show.
“As the narrative rotates from Avalanche to Fantom, it’s not surprising to see it reflected in transactions. Opportunistic capital moved over to yield farm on Fantom with high yields on stablecoins of around ~30-60% APR (annual percentage rate),” Delphi Digital analysts said in the note.
Both networks have processed more than 853,000 transactions in the past 24 hours, with the surge in Fantom mainly driven by upcoming DeFi projects and users interacting with current ones.
Interest in Fantom has increased as Daniele Sestagalli and Andre Cronje – developers known for launching protocols on Avalanche, Ethereum and Fantom that lock billions of dollars in value – announced a collaboration on an upcoming project that will deploy on Fantom.Read in full https://www.coindesk.com/tech/2022/01/07/fantom-transactions-surge-ahead-of-avalanche-as-defi-prospects-heat-up/ |
|
|
|
@stompix. It was not retail investors that dumped on bitcoin. There as a whale on FTX who was trying to cause a liquidity cascade. It was speculated to be Sam Trabucco, the CEO of Alameda Research, however he denied this. The other whale speculated was the other Sam, the CEO and founder of FTX hehehe. I would be shaking my head if retail investors moved the market like this. In any case, a miner from Kazakhstan shared an update. I receive a lot of enquiries from journalists to talk about protests and bitcoin mining in Kazakhstan . I am short of time and internet access right now. So let me make a thread, where I will try to answer most of the popular questions.
Main problems for miners is blocked internet. Government tries to control communications and allows internet connection for couple hours during the day. After everything settle down, internet recovered, miners should be alright. Hope it doesn’t take long time.
Mostly riots are in south of the country, whereas mining is concentrated in central and north part. It is quite safe situation for mining locations and facilities.
There is still power rationing cases. During peak hours electricity supply is limited, usually between 6 and 11 pm. After winter season ends stability of supply should be better, because of less consumption from house holds.
Kazakhstan will be mining harbour in long term. There is a huge potential for building new power generation. Both traditional energy sources and renewables. As long as country has political stability and can attract foreign capital.
Kazakhstan’s political stability is important for Russia, China and United States. Government realiezed that new political and economic reforms are needed. So I’m quite optimistic about future of the country.Source https://mobile.twitter.com/didar_bekbau/status/1479442780019691520?s=12 |
|
|
|
Recently, I have been seeing many videos of Michael Saylor [1][2][3] speaking positively about Bitcoin and giving a lot of optimistic analyzes. So for someone who is a newbie, would you recommend that I send him Michael's videos to explain the economic side of Bitcoin or convince him to invest or will it lead to over-optimism that might end up with my friend losing some money? In short, the topic talks about Michael's recent analyzes/tweets and how serious it is taken for the average joe. [1] https://twitter.com/saylor[2] https://en.wikipedia.org/wiki/Michael_J._Saylor[3] https://www.youtube.com/watch?v=li3a7lKRlFkMichael Saylor always sounds similar to an altcoin bagholder hehe. He is always there to hype bitcoin and also tries to convince people to buy with him during the wrong time. We should always be in reality. Bitcoin is a combination of storylines where they say you can get rich and where they say we should hold it as a hedge for inflation. The tightening in America and many other countries will weaken these storylines. |
|
|
|
Probably, many people now need money somehow. That's why they are cashing out their holdings and possibly dumping them. We all know this process, and we never expected it to happen this fast, but the important thing is that it happened; rising to $69k is a feat by itself. $100K might not happen right away, but the important thing is that we still believe and continue to accumulate. I think BTC is the best coin to HODL out of anything else.
Agreed. It is certainly also because the setting and bullish preparation of 2020 and the beginning of 2021 will never be recreated on 2022. Many people during 2020 and 2021 were under lockdown and much of them were given stimulus checks while the government printed money from nothing to pump the economy. There is also the problem if bitcoin and the cryptospace can attract the same number of new users similar to 2020 and 2021. |
|
|
|
I don't understand what (or who) is behind all these apocalyptic news on Kazakhstan and bitcoin. I mean "network blackout"? Inside Kazakhstan, yes, but the rest of the world barely felt it.
The hash rate doesn't look bad at all. And for those who don't look at bitinfocharts or similar, just look at mempool.space's predicted difficulty adjustment: almost zero.
For now all I can tell is that something's very fishy about all those news. Maybe I'm wrong, but for now it looks like somebody wants badly bitcoiners get panicked and sell.
Agreed, -12% in hashrate was barely felt. If there was no news about it, would we have felt any delays in block confirmations? I reckon we might never notice anything. Other miners will turn on their idle miners if the chance for profitability arrives. However, there is someone who is speculated to be dumping bitcoin to cause a liquidity cascade. I have tried to begin a discussion but everyone appears to be avoiding it hehe. https://bitcointalk.org/index.php?topic=5375342.msg58903843#msg58903843https://bitcointalk.org/index.php?topic=5375342.msg58913221#msg58913221 |
|
|
|
It appears what begun as a medium to be used for the purposes of providing liquidity in the cryptospace market, the stablecoins might have found another use case. This is the hyperdollarization of certain countries that want to begin adopting them hehehe. The Republic of Turkey’s economy and the country’s native fiat currency the Turkish lira continue to experience turmoil as inflation has risen to 36%. Since this time last year, the lira has lost 44% of its value against the U.S. dollar. Meanwhile, the use of stablecoins in Turkey has skyrocketed and today, 28.96% of all trades with tether are paired against the Turkish lira.Read in full https://news.bitcoin.com/turkeys-inflation-jumps-to-36-liras-value-plummets-citizens-flock-to-stablecoins/ |
|
|
|
@Betwrong. You might want to read this article hehe. It is a very well written article which might have some speculations and assumptions, however, the whole storyline is correct, I reckon. What is the chief function of stablecoins if it is not to use it to pump and dump coins in the cryptospace? Tether Papers: This is exactly who acquired 70% of all USDT ever issuedSource https://protos.com/tether-papers-crypto-stablecoin-usdt-investigation-analysis/ |
|
|
|
It appears much of the people who replied in this thread are not living in reality. Is there really a considerable amount of adoption for bitcoin or is it only used as a speculative form of investment? This is where the difference lies between real adoption and calling something adoption. We can check the mempool, it is almost empty everyday because there is not much adoption. Also, how much of the world’s population is using bitcoin? Is it less than 3%? How much percent should it be to be considered genuinely adopted?On the argument of bitcoin being overleveraged. https://coinalyze.net/bitcoin/open-interest/Where did open interest begin during April, 2020? Billions have been pumped and liquidated on 2021 and it still is overleveraged. Bitcoin might pump again, however, does everyone speculate that a bear market will never arrive? |
|
|
|
There are some speculations in social media that there is a group of whales in FTX who are short selling bitcoin. The group is lead by Sam Trabucco of Alameda Research according to rumors.
In other exchanges, speculations of very big bid orders have been created by the whales of Bitfinex and the whales of Binance. The sources where to find the data for this might be from paid services, however, if anyone has the resources, please share them hehe.
bitfinex https://www.tradingview.com/symbols/BTCUSDSHORTS/This is the one, I reckon. The data for FTX, Bitfinex and Binance cannot be seen in the free version, however. https://www.tradinglite.com/In any case, Sam Trabucco has made a tweet that he is on vacation hehe. He is implying that he is not the FTX whale who is dumping on bitcoin.  Sam Trabucco, Alameda Research CEOfolks I’ve been on vacation for weeks, your aggression is mis-targeted (though the market’s dark cloud has also overtaken this vineyard)Source https://mobile.twitter.com/alamedatrabucco/status/1478854061050847232?s=12Do you trust Sam Trabucco? If he is telling the truth, it might be the other FTX whale who is dumping on bitcoin. The other Sam hehe.  the other Sam |
|
|
|
|
I reckon Cyril Gane will be giving everyone a very shocking performance with his speed to avoid Ngannou’s punches, avoid Ngannou’s entries and manipulate him aside similar to a master vs. a stupid charging bull. This fight might become another classic similar to boxing’s Muhammad Ali vs. Sonny Liston and it will show everyone that power is nothing vs. skill. It appears that much of the fans are underestimating Gane.
|
|
|
|
It appears that I will be finishing our league in the bottomest of the bottom hehehe. I was honestly not playing anymore as proven that I have not been changing my line up or going to the waiver wire to trade in better players.
In any case, it was fun for my first time and a good learning experience. I cannot wait for the next season’s draft hehe! In 7 months?
In fact you are ahead on our match so you could actually beat me without lifting a finger hehe, still I will say that FF was more fun than I thought so I am looking forward to the next season as well. It appears I am leading hehehe. I did not check ESPN until I read your reply. I also stopped watching the game minutes after the 3rd quarter began. I did not see Najee Harris’ touchdown. My Najeeee hehehe. Next game week, I shall play Ekeler with Najee! It will be the Raiders vs. the Chargers, the winner will go to the playoff, the loser will be out. @wheelz1200. Agreed! However, I certainly would have more points if I did a better draft. I want it to be the new season already! In any case, I read this article published on Decrypt. It appears FTX and crypto.com will be advertising during the superbowl hehe. They might be doing this to attract the sportsbettors to gamble in the cryptospace for 2022. Which might also be the beginning of the bear market hehehe. Crypto.com and FTX have already announced they will air ads during this year's Super Bowl on February 13. Companies are shelling out up to $6.5 million for 30 seconds of air time. By contrast, a typical 30-second spot for a regular season game would go for between $500,000 and $1 million.
Advertising to sports fans has several advantages in addition to the numbers above, according to sports marketing professor and researcher Kirk Wakefield. First, there's evidence that sports fans are more receptive to ads. A YouGov poll found that they are more likely to enjoy watching ads with favorite celebrities and use advertising in their calculus of what products to buy. Moreover, that ad money can go even further when advertisers act as team sponsors.Source https://decrypt.co/89680/good-shill-hunting-why-matt-damon-crypto-com-ad-is-trending |
|
|
|
|
Show Posts
