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381  Alternate cryptocurrencies / Altcoin Discussion / SEC likely to approve spot Ethereum ETFs on May 23 on: February 01, 2024, 03:02:59 AM
It appears that there are people from traditional finance who have begun having an interest on the cryptospace and applying for ETFs for them hehehh. The skeptical me thinks that the investment banking institutions that ignored applying for a Bitcoin spot ETF might certainly apply for an Ethereum spot ETF.

However, the winner again will be this smiling man. Uncle Larry of Blackrock hehehe. Has everyone heard an interview of uncle Larry talking about the cryptospace? It implies that the cryptospace will be his next playground.



The Securities and Exchange Commission is expected to follow the strategy employed in approving spot bitcoin exchange-traded funds for spot Ethereum  ETH -3.34%  ETFs, starting with rejections and ultimately granting approval on the initial final deadline on May 23, according to Standard Chartered Bank.

"We expect pending applications for ETH U.S. spot ETFs to be approved on May 23, the final deadline for the first of the ETFs under consideration — the equivalent date to Jan. 10 for BTC ETFs," Geoffrey Kendrick, head of Standard Chartered Bank's forex and digital assets research, wrote in a report on Tuesday. "If ETH prices perform similarly to how BTC prices performed in the lead-up to BTC ETF approval, ETH could trade as high as $4,000 by then."


Read in full https://www.theblock.co/post/275174/sec-ethereum-etf-approval-may-standard-chartered-bank
382  Economy / Gambling discussion / Re: NFL Sportsbet.io discussion & predications thread rev on: January 31, 2024, 05:26:49 AM
@rohang. Agreed. In the most important game in the NFL and if I am forced to choose and make a bet with my life, I reckon I will hear my dead grandma's voice whisper in my ear and tell me do not choose Brock Purdy hehe.
383  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: January 31, 2024, 04:49:52 AM
- The Ravens took a dive to help ensure we get a Taylor Swift Super Bowl, since she has drawn in millions of new viewers.

Taylor Swift is an agent of the Illuminati hehehe. I would not be very shocked if this theory will in reality have some truth. Also, if to help ensure the Chiefs will be in the superbowl, it would be to pay the referees. There was a play in the game where the Chiefs defense should have been flagged and the Ravens would have a chance for a touchdown, however, it was the 4th down and only settled for a field goal.

On Taylor Swift, how this has occured is the work of the Illuminati hehehehee.



Taylor Swift scored a 10 out of 10 to become the first artist in history to claim the Top 10 slots on the Billboard Hot 100 chart in the US, with tracks from her latest album, Midnights.

Billboard reported on Monday that Swift has surpassed Drake, who had held the previous record with nine of the Top 10 songs for a week in September 2021.

“10 out of 10 of the Hot 100??? On my 10th album??? I AM IN SHAMBLES,” the 32-year-old pop star tweeted.


Source https://www.theguardian.com/music/2022/nov/01/taylor-swift-becomes-first-musician-to-claim-entire-top-10-on-billboard-hot-100
384  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: January 31, 2024, 01:21:26 AM
@ChiBitCTy. This was the argument this thread had during the regular season on which team to choose in a very important game. Mahomes with the Chiefs or Purdy with the 49ers. I would certainly like to witness Purdy and the 49ers to win the superbowl, however, I would certainly feel much safer betting on Mahomes and the Chiefs if I was forced to bet the game. They are also +2 on the spread.
385  Economy / Exchanges / Re: [Updated] FTX on: January 31, 2024, 12:43:08 AM
@EarnOnVictor. Are you implying that they do not care about the market? Hehehe because I very much disagree with you. How much tokens they dump will depend on how strong the market is. If they have much more tokens to dump, they cannot simply sell everything and make everyone their exit liquidity. This would make markets weaker and this would also kill some markets with very low liquidity.

However, if you are correct and they really do not care, I reckon they should hehehe.
386  Economy / Gambling discussion / Re: 2024 Oscar Awards bets and discussions on: January 30, 2024, 05:20:58 AM
I have a speculation that Oppenheimer will win most of their awards in Bafta and it might cause disappointment for the fans of this movie in the Oscars. The Oscars voters might vote differently and distribute the awards wider on the major categories.

I reckon if Christopher Nolan wins for best director then the best picture might go to The Holdovers. If someone else wins for best director then best actor will go to Paul Giamatti and best picture will go to Oppenheimer. It might be only one award for each movie for the major categories. The voters might avoid 2 or more to be won by the same movie.
387  Economy / Gambling discussion / Re: NFL Sportsbet.io discussion & predications thread rev on: January 30, 2024, 04:49:52 AM
Dan Campbell the coach of the Lions made some major mistakes. Two field goals would of sealed it but he is who he is and went on 4th down. Both times!
Those tactics can be made during the regular season but in an elimination game?
Never leave points on the table.
He had a gambler mindset even into the post season and it cost the entire team to make it threw to the Super Bowl.
The shocker of them all blowing a 17 point lead.
And it all started with that bonk off the helmet then it went downhill quite quickly from there.

Dan Campbell might be convinced that everything in this world is only a simulation and he wants to coach the NFC championship game very much similar to how he plays his NFL video games heheheee.

However, I want the 49ers to be in the superbowl. Patrick, Travis and Taylor should have a very difficult game and maybe also lose it hehe.
388  Bitcoin / Press / Re: [2024-01-24] Peter Schiff Says All Spot Bitcoin ETFs Are Now in Bear Markets on: January 30, 2024, 03:08:33 AM
Peter Shiff doesn't understand it is this volatility which makes crypto more fun than gold...

Out of curiosity, how closely does Inverse Schiff follow Inverse Cramer?

The guy sounds like a deranged lunatic whenever he talks about Bitcoin, but I don't think he's stupid like Cramer.

Hehehe I reckon he worse. He has been talking about bitcoin and expressing only bearishness since before the bull market of the ICOs on 2017. I am not certain, however, he might have begun talking negatively about bitcoin when the price was under $1000 hheeheh. His gold would have profited more than 10x if he converted some of this to bitcoin.
389  Bitcoin / Legal / Re: New rules for cryptocurrency trading in Hong Kong from June 1st on: January 30, 2024, 02:17:12 AM
Circular on transitional arrangements of the new licensing regime for virtual asset trading platforms
https://apps.sfc.hk/edistributionWeb/gateway/EN/circular/intermediaries/licensing/doc?refNo=23EC27

https://www.reuters.com/technology/hong-kong-regulator-issue-crypto-licences-with-retail-investor-guardrails-2023-05-24/
HONG KONG, May 23 (Reuters) - Hong Kong's securities regulator said its crypto licensing regime will include measures to protect retail investors as it brings in tougher rules for digital asset companies from June 1.

https://www.coindesk.com/markets/2023/06/01/first-digital-unveils-usd-stablecoin-as-hong-kong-crypto-rules-kick-in/
First Digital Group announced today that it’s launching a USD stablecoin, FDUSD.
"The stablecoin is issued on Ethereum and BNB, a spokesperson told CoinDesk, saying that First Digital is in discussions with all major exchanges for a listing.
First Digital says FDUSD is backed by “high-quality reserves” of cash and cash equivalents in regulated financial institutions around Asia, and will be issued by First Digital Trust, a trust company registered under Hong Kong’s Trust Ordinance."

USD stablecoin in the jurisdiction of Hong Kong is already interesting..


Similar to what has already been speculated and mentioned since 2021 in this forum, stablecoins will stand in for the banks with the regulators' approval, to be the gateway for inflows and outflows of fiat for the cryptospace.

Also, on these new measures to protect retail investors, it has also been speculated in this forum that these measure will impose that only people from a certain income bracket would be allowed to trade cryptocoins. Another one might be if your account balance does not reach a certain level then the number of trades allowed to the customer would be limited.
390  Economy / Exchanges / Re: [Updated] FTX on: January 29, 2024, 06:06:07 AM
How much more cryptocoins are they going to sell? Is it possible that they can triple the cash they have on hand by selling more?

This is headshaking because why do they not open an otc market for large dumps? Why do they want to do large dumps on our faces.



FTX is selling off crypto assets and stockpiling cash as bankruptcy advisers prepare to compensate clients whose accounts were frozen in 2022 when the exchange failed, Bloomberg reported.

The firm’s four biggest affiliates almost doubled their cash to $4.4 billion at end-2023 from $2.3 billion in October, Chapter 11 monthly operating reports show, and total cash is probably more if all affiliates were included, the report said.


Source https://www.dlnews.com/articles/snapshot/ftx-is-selling-crypto-and-stockpiling-cash-to-repay-clients/
391  Economy / Exchanges / Re: OPNX Exchange, the comedy show continues on: January 29, 2024, 05:15:38 AM
I need to share this hehehehe. The article certainly made me laugh and shake my head. Su Zhu should advice Do Kwon to be sentenced under the jurisdiction of Singapore to also have an enjoyable experience.



Zhu says he slept well in Singapore lock-up

Su Zhu, co-founder of collapsed cryptocurrency hedge fund Three Arrows Capital, said that the time he did in a Singapore prison was “enjoyable.”

Zhu, who served three months behind bars after failing to cooperate with Singaporean authorities, has begun promoting a new exchange, OPNX, which has an office registered in Hong Kong, the South China Morning Post reported.

“Obviously no one wants to go to prison,” Zhu said in a video clip shared widely on X. “But I think that it’s actually a really enjoyable experience overall.” He said the video will be part of a future podcast.


Source https://www.dlnews.com/articles/snapshot/three-arrows-capital-cofounder-says-prison-was-enjoyable/
392  Bitcoin / Legal / Re: SEC vs Coinbase on: January 29, 2024, 04:42:37 AM
@zasad@. I agree on Coinbase not winning on all charges, however, I disagree on a policy change on the cryptospace by the SEC after US elections. There might be some changes if Trump gets the victory because everything he did during his term was express his dislike for crypto but his administration has never done any strict regulatory against this. However, if a Democrat will win, I reckon what we are presently witnessing might only be the beginning.
The United States has accumulated a lot of internal political and economic problems, and I don’t think that the new president will have much time to spend on cryptocurrencies.
I wrote with reference to world sources that the economies of many countries are large bubbles, when agriculture and manufacturing occupy no more than 30% of GDP, and the rest consists of financial speculation.With such financial debt, the United States cannot be present in all the hot spots of the world to control order, and therefore Trump will set the main goal of increasing production in his country.

I disagree. Governments always make good use of the fud they create in the cryptospace to fund their own campaigns. Do you think Elizabeth Warren and her friends in the senate will stop? I am very much certain they will not.

However, if they really want good governance, I agree with you. They should fix the internal problems that have accumulated for many years. But there are politicians who might have stopped feeling concerned on what is happening in the political system and they only want to create as much wealth as they can before retirement. One of these politicians is Nancy Pelosi.

393  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: January 29, 2024, 04:11:56 AM
Damn, lost my bet. I would have appreciated it if the Lions just went for a FG in their final drive, but noooo, they had to go for the TD.

There was also the game during the regular season where Dan Campbell chose to get 2 points after touchdown instead of the much safer extra point to tie the game hehehe. If I recall correctly, it was against the Ravens.
394  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: January 28, 2024, 11:11:57 PM
Patrick Mahomes.
395  Economy / Gambling discussion / Re: Rolando Romero-Isaac Cruz to meet on March 30 in Las Vegas. on: January 28, 2024, 06:31:47 AM
@freedomgo. However, we should also remember that Tank Davis also injured his left hand during the fight against Isaac Cruz. The fight was certainly more impressive for Tank than for Pitbull, I reckon.

In any case, I also agree that it is very head scratching on why Rolly Romero chose a tougher opponent and a lower purse. It might because Oscar dela Hoya was making it very difficult to negotiate.
396  Economy / Gambling discussion / Re: 2024 Oscar Awards bets and discussions on: January 28, 2024, 05:16:23 AM
@Rikafip. On bookmaking the Oscar awards, oddsmakers might adjust the odds based on rumors, information leaks or maybe how the top critics rate movies and performances. Poor Things was released late on 2023 because of the writers' strike in Hollywood. It might have taken a longer time for Poor Things' odds to be included in the bookmakers' adjustedment.

On Sandra Hüller, I am not quite sure. Also, another question would be how many actors and actresses that have won in Bafta, also won in the same category in the Oscars? I am quite surprised that Paul Giamatti's odds went from 12.00 to 2.90. This is a big adjustment.
397  Economy / Gambling discussion / Re: who Want To Bet On 2024 USA elections? on: January 28, 2024, 03:27:07 AM
Politics in the US these days is really divided.

There is rarely a debate with nuance, it is all about "the other side is bad".

So in the end many people are simply voting for anything that is "Not X, and not Y", etc, instead of actually voting for a person that represents their goals and ideas.

It is an incredibly divided country.

And it is getting more divided every year.

TV, Twitter, and other social media, simply puts a single phrase to enrage people and it works.

Attention span of people is way down to what it used to be.

If you watch an old interview (say from the 70s, 80s, etc) you realize how different people were in those times. They spoke better, they had independent ideas, they could phrase their ideas and have a conversation for half an hour, no problem. Even if people disagreed, they talked about it.

Now it's just two seconds saying something, and then posting it on the internet. No nuance, just hatred.

And it's cable news' fault.

I read somewhere that Rupert Murdoch said that they could've gotten away with Watergate if the media did not tell people why it was wrong.

He's the founder of the FOX empire in case you don't know.

So it doesn't get any more blatant than that. It's all about "Do not think for yourself, you are wrong, just listen to me!" and unfortunately it extends well beyond America.

Cables news fault, I reckon presently the internet and the continuous streaming of information have much more effect on the people's short attention span than cable news.

The tragedy of the World Trade Center during September 11 might be old news within 2 months if this occured during 2021 than on 2011. Social media presently is very much different 10 years ago. This is also very much similar to Russia vs. Ukraine and Israel vs. Hamas. Much of the people have stopped following them within months because there are many more information and distractions from the internet to be consumed.

In any case, on the elections in America, what would be the odds on Joe Biden on cancelling his candidacy?
398  Bitcoin / Legal / Re: SEC vs Coinbase on: January 28, 2024, 02:36:00 AM
@zasad@. I agree on Coinbase not winning on all charges, however, I disagree on a policy change on the cryptospace by the SEC after US elections. There might be some changes if Trump gets the victory because everything he did during his term was express his dislike for crypto but his administration has never done any strict regulatory against this. However, if a Democrat will win, I reckon what we are presently witnessing might only be the beginning.
399  Economy / Gambling discussion / Re: Rolando Romero-Isaac Cruz to meet on March 30 in Las Vegas. on: January 27, 2024, 07:37:17 AM
Rolly is in trouble again, Pitball Cruz is so hard to tame he will have to work double time to tame the Pitbull considering that his last fight against Barroso was not that good he almost lost this fight and Barosso is an aging fighter, Rolly Romero should upgrade his defense, Cruz is the kind of fighter that will throw everything but the kitchen sink.
Romero should have accepted the Garcia fight, he could have made a lot of money from that fight I'm not saying that Isaac Cruz is better than Ryan Garcia but Romero's style is very much suited for the Pitbull, Pitbull loves opponents that keep moving forward, and Romero will be in trouble if he is not careful on how he deal with Pitbull he is one merciless Pitbull.

Agreed. It might also have been very good for the fans if Ryan Garcia would fight Isaac Cruz. Pitbull likes to move forward and King Ry has a powerful counter left hook which is a very perfect weapon for the style of his opponent.

However, on Romero vs. Cruz, it appears those who voted certainly know that Pitbull will be a more favored fighter by the oddsmakers hehe. I also disagree with you. Isaac Cruz does not throw everything but the kitchen sink. He will throw everything and the kitchen sink hehehehee.
400  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: January 27, 2024, 06:26:28 AM
The younger brother of John Harbaugh, Jim is the new head coach of the Chargers.

On our next fantasy league, can I have a reservation for Justin Herbert to be my quarterback hehehe. I have read some articles that mention very good things about Jim Harbaugh and how he can bring the Chargers to the superbowl within 4 years. I do not know if I should believe the hype, however. Everyone in this thread would know more than me if this hype is real.



The Los Angeles Chargers got their man: Jim Harbaugh is their new head coach.

Harbaugh and the Chargers agreed to a deal on Wednesday afternoon.

After winning the national championship at Michigan, Harbaugh has one career goal left, and that's to win the Super Bowl. With the Chargers, where the franchise quarterback is already in place in Justin Herbert, Harbaugh thinks he can do it.


Read in full https://sports.yahoo.com/chargers-hire-jim-harbaugh-head-235604281.html
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