|
This will not be very surprising anymore after witnessing China’s own regulatory crackdown. There might be some people who would say that they were expecting it when they would have said fud before witnessing China’s move hehehe.
I also speculate the next crackdowns might be on Tether and other stablecoins. This would wipe out liquidity in the cryptospace by more than 50%, I reckon.
|
|
|
|
|
Percentage of mining from renewable energy only went up because mining from Chinese coal energy sources are presently down and relocating to different parts of the world. Before we begin to get excited let us give it a months until the relocated miners new energy sources are known.
|
|
|
|
|
@acquafredda. I cannot argue or disagree, however, we should also look at this realistically. I reckon AZ Alkmaar themselves viewed it realistically.
Would companies blindly buy bitcoin without any research or without asking for advice from market analysts? This would possibly risk adding a loss in their income statement. I speculate they knew it is the right time to buy bitcoin.
|
|
|
|
The institutional investors are coming back hehe. It appears that China’s crackdown will not be stopping the rest of the world’s appetite in investing billions on the latest technologies, particularly assets as volatile as cryptocoins and tokens. Cathie Wood of Ark Invest also mentioned last month that the institutional investors were fearful in continuing their investment plans in bitcoin and the cryptospace because of Elon and China. This fear is clearly weakening. Hedge fund firm Marshall Wace is plotting investments in the digital asset sector, say people familiar with its plans, as booming interest in cryptocurrencies and related technologies lures large asset managers.
The London-based group, which manages $55bn in assets, will target investments in areas such as blockchain technology, payments systems for digital currencies and stablecoins, according to one of the people. The group is launching a portfolio that will scoop up stakes in privately owned digital finance companies that are at a late stage in their development, the person said.
The firm has recently been looking to hire staff in the digital assets sector, the people said. While the new business is still at an early stage, the group plans to expand it rapidly in a move that could include other forms of investment, for instance potentially trading digital currencies.
The expansion by Marshall Wace, which has not previously been reported, marks the latest big hedge fund to spot moneymaking opportunities in the fast-growing digital assets industry. Last year Jim Simons’ Renaissance Technologies disclosed in a filing that it could invest in bitcoin.
Marshall Wace was one of a number of investors to take part in a $440m fundraising round for Circle, the US financial technology firm behind the stablecoin USD Coin, at the end of May.Read in full https://www.ft.com/content/30bc58f8-c8b7-4e9f-a01c-bb3732ea5152 |
|
|
|
@buwaytress. Agreed. Keeping it in their balance sheet might be good for their monthly or quarterly income statement reports if they made the correct timing, however. I reckon this state of the market is where it might be the correct time for companies to begin keeping some bitcoin in their balance sheets. The volatility is low, there is a bullish divergence that shows a weakening of the pump and fast moving averages might cross over slow moving averages by the end of August which will be clearly bullish.  |
|
|
|
|
@7788bitcoin. The flaunting, the bragging and the trashtalking only backfired because he was not winning anymore. If he won versus Khabib and mantained in winning the lightweight championship, I am quite certain all of the fans would remain larping for him hehe.
My prediction, Conor will knock out Dustin Poirier on the 1st or 2nd round and then we remember.
|
|
|
|
Goldman Sachs uses their own prediction model on the Euro 2020 hehehe. This might be the first of a new movement where the banking industry begins going to sports betting to siphon money from a different type of gambler hehehe. Football’s Probably Coming Home to England, Goldman Model Predicts
The U.S. bank predicts that England will win its first major soccer tournament in 55 years, after its original pick, Belgium, was eliminated from the Euro 2020 tournament on Friday.
Goldman used data on about 6,000 matches played since 1980 to devise its probability model, which takes into account factors such as current team strength, along with recent performances, home advantage effects, and whether a country is a “tournament team” that outperforms during competitions.Source https://www.bloomberg.com/news/articles/2021-07-05/football-s-probably-coming-home-goldman-soccer-model-predicts |
|
|
|
What else to expect from a Chinese crypto exchange that operates in a more or less gray zone all over the world? If that were not the case then they would have mandatory KYC and work permits, but their CEO has a vision in which he says that the blockchain is decentralized, so their HQ is anywhere he is located.
This philosophy of his is clearly not to the liking of the various authorities who have decided to act, so it remains to be seen whether the cat will finally catch the mouse, or whether the game will continue according to the old rules.
However, CZ’s philsophy and vision might also be only an excuse for him and his exchange not to comply with real laws. The exchanges runs with real employees acting under a certain jurisdiction, the exchange’s software is installed and run on hardware also located under a certain jurisdiction. |
|
|
|
During bear market (before sideways market starts) you are best to hold only stable coins like USDT and wait for the bear market to end. When a sidewards market begins you can start to buy back your coins and tokens fast at a low price.
Agreed, however, exchange tokens with quality like BNB and FTT might not behave similar to much of the altcoins that pumped during the bull market where they are certain to lose 90% of value and never recover. FTT might be the next great pumper similar to BNB, I reckon. Sam Bankman-Fried has been marketing the exchange to the mainstream through partnerships with sports organizations. Tom Brady has also become a shareholder of the exchange. I speculate the next halving might be treated like the NBA finals with sponsors and endorsements hehehehe. |
|
|
|
I dont have issues with regulations, If the coins i receive is clean and came from legit sources i dont have anything to worry about. My top choice when it comes to trading, P2P trade and withdrawal to my bank account is always binance.
However, when you trade peer to peer, you do not know where your trading partner’s coin’s came from. So if you deposit them to Binance, Ciphertrace might flag them as dirty. This gives Binance the right to lock your account. |
|
|
|
|
Current number of post (Including this one): 8235
BEP20(BSC) address: 0xbF5D6c5E31246d3fe6a4A7dfEd8eb8610Ab01D6E
|
|
|
|
|
Applying for the signature campaign if a slot is available. Thank you.
#Authentication Post
Type of campaign: Signature
Bitcointalk Username: bbc.reporter
ERC20 wallet address: 0xbF5D6c5E31246d3fe6a4A7dfEd8eb8610Ab01D6E
|
|
|
|
Why? Play times are uncertain? Also maybe inconsistent performances? Rookies make lower points? I also have another rookie I like from the same team as Trevor Lawrence. Should rookies not be drafted?  |
|
|
|
This might only be the beginning. Over the next years, I reckon we will witness much of the other exchanges might also begin using Ciphertrace and they might also delist anonymous coins. The cryptospace will not be the same. It will be a privacy invading space where regulators and the authorities trace and scan your every transaction. Binance has announced that it has deployed a commercial solution called CipherTrace Traveler to achieve compliance with FinCEN (Financial Crimes Enforcement Network) and FATF (Financial Action Task Force’s) travel rule regulations.
This makes Binance the first crypto exchange to deploy Traveler, which was released in March. The solution automatically scans addresses associated with incoming cryptocurrency transactions, verifying the originating VASP and recipient VASP to each other.
Binance’s announcement of Traveler’s deployment comes amid regulatory pressure from the FCA (Financial Conduct Authority), which has issued a consumer warning saying Binance Markets Limited, the UK unit of Binance, is not permitted to undertake any regulated activity in the UK without the prior written consent of the regulator.Source https://www.regulationasia.com/binance-deploys-new-aml-solution-amid-regulatory-pressure/ |
|
|
|
Also, this announcement. Does Binance claim that the are presently licensed in the Cayman Islands? It appears that there is a synchronized effort to target Binance from different jurisdictions. Japan and Thailand has also begun to issue similar warnings about the exchange. The Cayman Islands Monetary Authority (the “Authority”) wishes to inform the public that Binance, the Binance Group and Binance Holdings Limited are not registered, licensed, regulated or otherwise authorised by the Authority to operate a crypto-currency exchange from or within the Cayman Islands.
Following recent press reports that have referred to Binance, the Binance Group and Binance Holdings Limited as being a crypto-currency company operating an exchange based in the Cayman Islands, the Authority reiterates that Binance, the Binance Group or Binance Holdings Limited are not subject to any regulatory oversight by the Authority.
The Authority is currently investigating whether Binance, the Binance Group, Binance Holdings Limited or any other company affiliated with this group of companies has any activities operating in or from within the Cayman Islands which may fall within the scope of the Authority’s regulatory oversight.
Any company incorporated under the Cayman Islands Companies Act, 2020 or otherwise established or registered in the Cayman Islands that provides virtual asset services or custodian services as a business or in the course of business, in or from within the Islands must either be: (i) registered or licensed in accordance with the Virtual Asset (Service Providers) Act, 2020 (“VASPA”); or (ii) an existing regulated entity that has been granted a waiver by the Authority under the VASPSource https://www.cima.ky/binance-not-regulated-by-cima |
|
|
|
It would clearly be a huge negative for the bitcoin market. We should not consider or define bitcoin as the market, however. It still is an open source project. This is why much of the people reckon I fud because of my negative sentiments towards the market. They like to say I antagonize bitcoin. My argument to that is they should be realists and be objective.
Well now THAT makes a lot more sense. tldr; Negative for the Bitcoin markets. Neutral for the Bitcoin project. In it's entirety though, with Bitcoin in general, I'm still going to say it's a net negative, at least in the short term. But it's something that's definitely a nothingburger for the mid-long term. I would agree that it might be a net negative, however, I would also argue that it would only be a net negative only in perception. There are other things that might be real net negatives for bitcoin. One of them is the monetary policy. That is another discussion for another thread hehe. |
|
|
|
|
If the draft were to occur tomorrow which one of these rookie quarterbacks will you be picking? Trevor Lawrence, Justin Fields or Trey Lance? Trevor Lawrence might be the only quarterback who plays from week 1? I am speculating Trey Lance and Justin Fields might also become the regular quarterbacks, however, it might be after week 5?
|
|
|
|
@thecodebear. Agreed. This implies China knows more about bitcoin than we thought. They understand the threat of it can be used as a financial tool to avoid regulations and how it might also be a political tool for the people to impose freedom. In any case, this is a list of actions the Chinese government has done last month.  Source https://www.kanaandkatana.com/markets |
|
|
|
|
@Renampun. That place would make it the perfect location to fake your own death hehehe.
Why would Mircea choose such a place for rest and recreation? He certainly did pay attention and chose the place where he would end up dead. Allegedly hehehe. Unless there was a body found and identified.
|
|
|
|
I speculate it will not go either way in being positive or negative. This will go both ways in being positive then negative. Soros and his group will pump and dump bitcoin similar to what they did to the baht, the pound and the yen. The message brought here is to be cautious of this news.
If Soros' fund did go the pump and dump route (which I really wouldn't be surprised), don't you think that would obviously be a huge negative for Bitcoin though? It would clearly be a huge negative for the bitcoin market. We should not consider or define bitcoin as the market, however. It still is an open source project. This is why much of the people reckon I fud because of my negative sentiments towards the market. They like to say I antagonize bitcoin. My argument to that is they should be realists and be objective. |
|
|
|
|
Show Posts
