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3241  Bitcoin / Bitcoin Discussion / Re: "Is the bubble about to burst?" on: November 27, 2021, 02:36:02 AM
Did anyone read the article? It appears much of you who replied in this thread did not read it.

In any case, @Blawpaw, the writer has the mind of the skeptic and the article is a skeptical view on what is happening behind the cryptospace while the larpers support what they do not really understand. The larpers cheer if bitcoin pumps without questioning why. They only assume that this is because of adoption, a favorite word in the cryptospace hehehe.

It should also make you question Bitcoin’s stock to flow model. What if the stock to flow model is only a marketing tool to trick everyone. What if it is Tether pumping the price to make it appear that the price is moving according to the model.
3242  Bitcoin / Bitcoin Discussion / Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 on: November 27, 2021, 01:42:54 AM
Would you speculate or suspect that Bukele chose to work with the hustlers behind Tether is because it would be very much easier to move money using Tether’s shadow banking connections than use the real banking system?

I hope this is not the case, because it would be a real shame for the whole project to fail due to the connection with that company, although formally the cooperation was achieved with iFinex which is just another company owned by BitFinex. What is interesting is that this idea has been around for several months, and it was suggested by Mr. Samson - and we can assume (given the logo he is promoting) that he influenced who the other partner would be.

Canada-based Blockstream Corp, a blockchain technology company, proposed the El Salvador government to issue a digital dollar denominated bond while the nation taps plans to introduce Bitcoin as legal tender.
Samson Mow, Blockstream’s chief strategy officer, said company officials had met with El Salvador government officials to present the plan and that officials had expressed interest but had not yet made a final decision.

It is a cooperation and not a condition where who is influencing who. The skeptical me is speculating that Blockstream wants to create this project for profit, president Bukele wants the project because it is another place where he and his friends can use it for money laundering and Tether, Bitfinex, iFinex is the liquidity and shadow banking provider. This is only business.
3243  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: November 26, 2021, 07:23:08 AM
The winless Lions with Goff starting at QB vs. the Red Rifle, lol i can barely hide my excitement for this matchup...at least the Lions used to have Stafford, now it's just Dan Campbell's emotional post-game pressers.  Grin

Taco, Maddogs, and Tamalpais Temptations fighting for the last two playoff spots currently sitting at 6-5, needless to say, whoever loses this week will put themselves in a very tough position, so good luck everyone!

Well since Psychotics are starting D. Mooney, i say Marquise Goodwin (hope the shoulder injury won't bother him) will score one of the two touchdowns that the Bears will have, Monty will likely be the other one to feast today.

Happy 🦃!

Where is Nutildah Jones? He is my opponent for this week and it appears that he might have left. He has 2 players on bye week but he has not changed to place active players in their starting slots. This is strange if he left without telling us. I hope that he is not sick. This coronavirus is beginning to mutate and making vaccinated people also sick.

3244  Economy / Gambling discussion / Re: 🥊 The UFC Info and Prediction Thread on: November 26, 2021, 06:51:22 AM
@Welsh. It appears you and Colby Covington certainly have very similar opinions on Khamzat Chimaev hehe. However, I am skeptical of his opinion. I reckon this might be a business or career decision if Colby demands the UFC to organize a fight with him versus Khamzat. It would be Colby’s short cut and be given the right to challenge for the welterweight championship again if he is the winner.

3245  Economy / Exchanges / Re: Binance Calls for Global Crypto Regulation on: November 26, 2021, 05:43:03 AM
It appears that Changpeng Zhao’s will is beginning to bend to the will if the authorities hehehe. It also appears for me that the real reason behind his willingness to sell some stakes in the exchange is not to improve perception and relationship with regulators. I am skeptical of this. I speculate the real reason might be CZ is looking to sell his shares and exit from Binance to avoid legal problems coming to him.



Binance Seeks Investments From Sovereign Wealth Funds

The cryptocurrency exchange’s global entity is looking to ameliorate its relationships with governments.

Zhao hopes that Binance’s “perception and relationships” with regulators around the world would improve if sovereign wealth funds took a stake in the company, according to the report. “But it may also tie us to specific countries[,] ... which we want to be slightly careful with,” Zhao said.

The exchange is also looking to set up global headquarters, a 360-degree turn from its decentralized operations model.


Source https://www.coindesk.com/business/2021/11/23/binance-seeks-investments-from-sovereign-wealth-funds/
3246  Bitcoin / Bitcoin Discussion / Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 on: November 26, 2021, 04:15:24 AM
I am presently shaking my head because Samsung is wearing a shirt with a Tether logo.

The man's real name is Samson, not Samsung - your thoughts seem to have been somewhere else when you wrote this post Wink


Was he not one of those very loud maximalists who held the opinion strongly that everything that is not bitcoin is a scam? However, he is presently working with the most questionable group of people in the cryptospace.

I'm not familiar with his previous views on Bitcoin, but I'm not at all surprised that he wears the logo of that stablecoin, because people change for the better, but also for the worse. I also don’t like that the company behind USDT is involved in that project, but there is certainly a reason why Bukele chose just them and not someone else for the job.

I know hehehe. Many people are calling him Samsung Mao as a joke for his extremist idealism on Bitcoin maximalism. His acceptance of Tether might have broken that idealism, however. He used to say any cryptocoin that is not bitcoin is a scam.

Would you speculate or suspect that Bukele chose to work with the hustlers behind Tether is because it would be very much easier to move money using Tether’s shadow banking connections than use the real banking system?
3247  Economy / Gambling discussion / Re: [Boxing] Nonito Donaire vs Reymart Gaballo (WBC bantamweight) on: November 25, 2021, 03:32:05 AM
It appears this thread has reached 28 pages without knowing where to bet this or where to find the odds for this fight hehehe. Does anyone know where we can get odds for Donaire and Gaballo? Does anyone speculate that this might be another 1.10 for Donaire and 7.10 for Gaballo?

Reymart Gaballo might be very much underestimated by everyone. He is undefeated and he is only 25 years old, Donaire is 39. I am aware that Donaire won vs. Oubaali who was also undefeated, however, Oubaali is 35 years old with only 17 wins. Reymart has 24 wins.
3248  Economy / Gambling discussion / Re: NFL Sportsbet.io discussion & predications thread rev on: November 25, 2021, 02:43:28 AM
@rdbase. You appear to be a football expert hehe. I am aware that San Francisco’s team is beginning to look healthier than weeks ago. However, what are your thoughts on the Minnesota Vikings +3? They will play on the road vs. San Francisco 49ers with a record of only 1 - 4 in their home stadium and 4 - 6 against the spread. Minnesota is 6 - 4 against the spread.
3249  Bitcoin / Bitcoin Discussion / Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 on: November 25, 2021, 01:42:01 AM
The CEO of Blockstream Samson Mou on Bloomberg TV talks about his participation in El Salvador's plans to build a "Bitcoin city" and issue the world's first sovereign bitcoin bonds, the maturity of which comes in 10 years, is 13 percent, he also spoke about the mechanism of repayment of bitcoin bonds, and about attracting investors to this project.





I am presently shaking my head because Samsung is wearing a shirt with a Tether logo. Was he not one of those very loud maximalists who held the opinion strongly that everything that is not bitcoin is a scam? However, he is presently working with the most questionable group of people in the cryptospace.

What I am curious about this new bitcoin bond is what would be Tether’s part in this? Would this be another created chance for Tether to expand their balance sheet and hold the bonds as backing for USDT?
3250  Bitcoin / Bitcoin Discussion / Re: Bitcoin ecosystem’s weakness on: November 25, 2021, 12:51:16 AM
This is the latest news from Kazakhstan and it appears that their government did not have the need to ban mining hehe. It was the miners that shut down their farms by themselves. I speculate in some areas in China, it would be a similar situation if there was no ban.

In any case, Kazakhstan‘s government is encouraging the miners to create an independent renewable capacity. This appears to be another chance for Tether, Bitfinex, iFinex to issue bonds and do another project similar to their geothermal energy project in El Salvador.



Mining in south Kazakhstan is no longer possible, Xive co-founder Didar Bekbau said.

Crypto mining company Xive shut down a 2,500-rig mine in South Kazakhstan due to lack of sufficient electricity supply from the national grid, co-founder Didar Bekbau told CoinDesk on Wednesday.

Kazakhstan has been grappling with electricity shortages, partly caused by an influx of crypto miners from China. The southern part of the country is particularly vulnerable as the region lacks abundant electricity generating plants and the national grid cannot reliably transfer electricity from the energy-rich northern region.

Crypto miners, like Xive and Enegix, have been facing electricity issues since September due to rationing from KEGOC, the national grid operator. KEGOC did not immediately respond to a request for comment.
Xive is preparing a new site for the over 2,500 machines, but “it is clear that mining in south Kazakhstan is not possible anymore,” Bekbau told CoinDesk.

Recently, the government said it wants to encourage crypto miners to develop independent renewable energy capacity. The industry hopes that after Kazakhstan expands its renewable electricity capacity in the next one-two years, the limit might change, Sapar Akhmetov, chairman of the board of the Kazakhstan Association of Blockchain Technology told CoinDesk.


Source https://www.coindesk.com/business/2021/11/24/crypto-miner-xive-shuts-down-south-kazakhstan-mine-due-to-electricity-woes/
3251  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: November 24, 2021, 04:57:41 AM
Giants threw up yet another stinker.  I guess the good thing that came out of last night's loss was Garrett was finally fired!! I mean what took this long.  Unless some end of year miraculous run (ain't happening) gentlemen the gm will be fired too, and will assume the new gm will want his own coach so judge will be gone too.  Start all over....again.  getting painful being a fan of this slop.

However, did everyone assume or expect that Daniel Jones would bring them to the playoffs or have a positive win and loss record for the season? I am not a football expert but I think another failure was assumed by much of the observers before the season begun. Similar to the Jets or the Washington football team.

Daniel Jones has more losses than wins with 11 wins and 26 losses in his career.

https://www.statmuse.com/nfl/ask/daniel-jones-career-win-loss-record

3252  Economy / Gambling / Re: Cloudbet | Bitcoin Casino & Sportsbook | The No.1 Bitcoin Gambling Site on: November 24, 2021, 04:25:16 AM
@winnerdeal. Share the screenshots of all the emails you sent and received from Cloudbet and also share what bonus conditions Cloudbet was implying to you. I was a regular Cloudbet user before and I have never encountered problems, however, my account was only small. Your $190,000 is an amount that needs help from a lawyer or the authorities from your jurisdiction.

Also, is your account verified? It is important that they have your identification verified in their database so they cannot deny your complaint or dismiss you.
3253  Alternate cryptocurrencies / Altcoin Discussion / Measuring how much Elon Musk pumps crypto like Shiba Inu, Floki, Doge on: November 24, 2021, 03:35:31 AM
Protos has reported on Elon’s tweets and the effects, however, it did not ask why he is doing this. I am very skeptical if he is doing this similar to John Mcafee. John Mcafee was doing this to pump the coin and he can make a profit from the pump. It was also speculated that he was a paid shiller. But Elon Musk? He does not need the money, he also owns several companies and he holds only 3 cryptocoins according to him, Bitcoin, Ethereum and Dogecoin. Is he doing this for his own happiness? There might be something wrong in his head hehehe.



Floki Inu (FLOK), for example, debuted on decentralized exchanges shortly after Musk tweeted: “My Shiba Inu will be named Floki,” in late June.

FLOK initially listed at $0, but reached a top of $0.00000871 four days later — all based on Musk tweeting that he intended to name his new Shiba Inu pup “Floki.”

Not to mention, the price of Dogecoin mimic Shiba Inu (SHIB) exploded 186% on the day that Musk tweeted: “I’m looking for a Shiba Inu pup!”.

SHIB pumped up to 2,100% in the next week — the single biggest Musk pump on record. The token even held onto about half of those gains, closing the week up more than 930%.

There was also BABYDOGE, a shitcoin entirely inspired by one of Musk’s more braindead tweets from July 1: “Baby Doge, doo, doo, doo, doo, doo, Baby Doge, doo, doo, doo, doo, doo, Baby Doge, doo, doo, doo, doo, doo, Baby Doge.”


Read in full https://protos.com/musk-crypto-pumps-twitter-dogecoin-shiba-inu-floki-bitcoin/
3254  Bitcoin / Bitcoin Discussion / Re: First Bitcoin City on: November 24, 2021, 02:30:25 AM
@Fundamentals Of. The IMF can threaten, however, they cannot do anything to stop this unless the American government takes down Tether and Bitfinex or send the military hehehe.

Also, the project does not need the full support of the community. Everything was planned already before the project has begun. I am quite certain that Tether has a very big part in this and it also an opportunity to expand their balance sheet. I would also not be shocked if the American government sends letters to Tether again for another investigation.
3255  Economy / Gambling discussion / Re: Boxing Speculation, Odds and Predictions on: November 23, 2021, 04:32:49 AM
The Tim Tszyu vs Takeshi Inoue was not that great of a fight but we can call both men a warrior for finishing the 12 rounds, and it was really a heated battle, I don't see much head movement on Takeshi Inoue, but Tim Tszyu sure has precision in his punch but it certainly lacks the power, because there are much punch Tszyu has landed on the head and face, but Inoue just keeps on fighting, or surely Takeshi Inoue has a durable face and chin, to begin with, I say I have stayed away from betting, but I have predicted that Tim Tszyu will surely win this,

Upcoming fights for the Month of November,

November 26, 2021

Ohara Davies VS Ismael Barroso

November 27, 2021

Stephen Fulton VS Brandon Figueroa

Teofimo Lopez VS George Kambosos Jr.

Raeese Aleem VS Eduardo Baez

Azinga Fuzile VS Kenichi Ogawa



Also include the date. Teofimo Lopez vs. George Kambosos Jr. is scheduled to fight this Saturday or early morning Sunday in Europe.

What is everyone’s prediction? I am shaking my head why the sportsbooks predict that Teofimo Lopez will have a higher chance to win through a knockout than a decision. His opponent is undefeated and this fight is only in lightweight boxing which is very light hehehe. It is 20 pounds lighter than MMA’s lightweight division. I predict Lopez by decision with very good odds.

https://sportsbet.io/sports/event/boxing/international/international-matchups/lopez-teofimo-vs-kambosos-jr-george-6171c2308ae38529363d9690
3256  Bitcoin / Bitcoin Discussion / Re: First Bitcoin City on: November 23, 2021, 03:56:47 AM
Everything will now depend on the implementation. The vision is there already. I think there is already sufficient support both from the country's population and officials and from foreign companies and individuals who are in support of Bitcoin. After a nice blueprint of what a Bitcoin city would look like, what's next is the actual creation of it. But things will not end after everything is created as planned. We will still wait for years to see if the actual function of the Bitcoin City is indeed worth duplicating in other cities.

I would like to witness success, however, as a realist I am very skeptical. This might be the first time in the modern world where a planned city will be built from scratch.

Also, the success I would also want to witness is Tether and Bitfinex’s new responsibility as the new IMF to hyperdollarize 3rd world countries hehehe. The IMF will shake their heads because this would certainly be a major use case for USDT.
3257  Alternate cryptocurrencies / Speculation (Altcoins) / 3 Arrows Capital is dumping Ethereum? on: November 23, 2021, 02:18:26 AM
Su Zhu of 3 Arrows Capital is one of the largest cryptofunds in the cryptospace. In the beginning of the bull market he declared that Ethereum will be in a super cycle, implying that it will continue to pump during a bear market. However, his opinion might have changed. He blames the gas fees for this.

But I am skeptical of him also. He is speculated to tell everyone to buy when he is dumping and sell when he is pumping. He might only be criticizing Ethereum because he wants to pump his Solana and Avax investments.



Over the weekend, Three Arrows Capital co-founder Su Zhu sent a 46-word missive to his quarter-million Twitter followers explaining that he was leaving the original smart contract-enabled blockchain over rising transaction costs and falling network usability.

"Yes I have abandoned Ethereum despite supporting it in the past," he wrote. "Yes Ethereum has abandoned its users despite supporting them in the past. The idea of sitting around jerking off watching the burn and concocting purity tests, while zero newcomers can afford the chain, is gross."

He went on to decry a community in which people have to pay hundreds of dollars for transactions only to "get told some tales about how they should've been smart enough to buy ETH at $10."


Read in full https://decrypt.co/86640/war-ethereum-gas-fees-usability-continues
3258  Bitcoin / Bitcoin Discussion / Re: First Bitcoin City on: November 23, 2021, 01:41:14 AM
It can also be argued that if no one wanted to buy El Salvador’s Bitcoin Bond, Bitfinex can print $1 billion USDT to expand their balance sheet and declare the bonds as one of the assets backing the issued USDT.

It appears that Bitfinex can also play the part of the Federal Reserve and the IMF, World Bank at the same time hehehe. I am beginning to become more confident that the people behind Bitfinex, Tether might copy China’s real estate developers’ transactions with shadow banking. It is also rumored that Tether was used to help Evergrande and others with liquidity problems before the collapse.



El Salvador is also working on a digital securities law and plans to issue the first operating license for a securities exchange to Bitfinex, Mow said.

“You know with Bitfinex, they have a lot of whales, so I don’t see a problem filling a billion-dollar bond,” he said.


Source https://www.theblockcrypto.com/post/125075/heres-how-el-salvadors-president-plans-to-use-bitcoin-bonds
3259  Economy / Gambling discussion / Re: [Boxing]: Terence Crawford vs Shawn Porter - Nov. 20 on: November 22, 2021, 05:17:02 AM
Let's hope to see Crawford and Spence Jr soon.
Arum maybe is busy thinking about his business not the future of the boxer.

Agreed. I am not certain why there are some people who speculated that Terence Crawford’s next fight would be versus Keith Thurman. Shawn Porter is higher in rank than Thurman and they want Crawford to fight the lower ranked boxer? I shake my head.

Similar to Errol Spence, Crawford’s next fight should only be for the unification. This is where Bob Arum made his mistake. He was busy thinking only about his business? Top Rank will not be included in the superfight between Spence and Crawford.
3260  Bitcoin / Bitcoin Discussion / Re: First Bitcoin City on: November 22, 2021, 04:35:09 AM
I don't know what to think about this because Blockstream and Adam Back is involved in this operation and $1 billion will be on federated layer-2 Liquid Network as tokenized bonds.
Notorious Bitfinex exchange will be involved in this operation and I am almost sure that Liquid Tether USDT will be used and printed from thing air (on Liquid this time).
They also plan to create some kind of security tokens on Liquid that should be listed on regulated El Salvadorian securities exchange.
I have no idea how this city will function in real life but I have a feeling this will all be centralized and controlled from some central authority or government, but let's wait and see.


I am very much in agreement that Tether USDT will be used potentially to provide as a source of liquidity or as a medium for transacting without needing the services of the banks. It is speculated that this is also the service provided by Tether to fund China’s property developers like Evergrande when banking services were not available.
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