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4121  Alternate cryptocurrencies / Altcoin Discussion / Re: Your thoughts on Facebook's GlobalCoin on: July 18, 2019, 05:17:39 AM
Libra currency will be 50% backed by USD, Euros, British Pounds, and Yen



https://www.coindesk.com/lawmakers-amp-up-pressure-on-facebook-to-halt-libra-cryptocurrency-development

U.S. lawmakers repeatedly pressed Facebook’s top blockchain executive to halt development of the Libra cryptocurrency during a contentious hearing on the project Wednesday.

They didn’t get far.

David Marcus, the CEO of Facebook’s subsidiary Calibra, reiterated his promise that Libra would not launch until regulators’ concerns were fully addressed. But he stopped short of committing to freezing technical work on the project, much to the chagrin of House Financial Services Committee members.
4122  Economy / Gambling discussion / Re: Please stop betting with 1xBET scam! You have been warned. on: July 17, 2019, 06:34:17 AM
I have read horrible story about this casino here : https://www.sportsbookreview.com/forum/sportsbooks-industry/3368530-1xbet-blocked-my-account-1742-a.html
But I have also read this casino has endorsements deals with Chelsea Liverpool and Barca :  https://sponsorpitch.com/sponsors/1xbet
So I would think this is a safe casino to gamble with if these teams are endorsing them.
4123  Economy / Gambling discussion / Re: Preferred crypto betting site ? on: July 17, 2019, 06:20:30 AM
It is good idea to have more then just 1 account when betting with cryptos
Some of my most trusted sites in no specific order are nitrogen, sportsbet, bitcasino and primedice
4124  Bitcoin / Press / Re: [2019-07-12] Japanese Exchange Hacked for $32 Million in Cryptocurrency on: July 17, 2019, 06:17:34 AM
At least the CEO promises to compensate users-

Bitpoint Hack Shows That Regulators’ Scrutiny Does Not Equal Safety



https://cointelegraph.com/news/bitpoint-hack-shows-that-regulators-scrutiny-does-not-equal-safety

Genki Oda, founder and CEO of Bitpoint, told Cointelegraph that his platform is going to compensate its users, although without mentioning any specific time frame. Additionally, Oda said it was in touch with fellow exchanges Binance and Huobi regarding the freezing of stolen funds that have allegedly ended up in their wallets following the security breach. Such collaboration with other trading platforms is a common method of mitigating cryptocurrency hacks, as it prevents fraudsters from cashing-in on their loot. “If you know other way for locking or getting back the hacked crypto, please let us know the ways,” Oda added.

Moreover, Bitpont has announced it is going to compensate customers in cryptocurrencies rather than in their equivalent fiat value.


4125  Economy / Gambling discussion / Re: Manny Pacquiao vs Keith Thurman on July 20 on: July 17, 2019, 06:07:37 AM
I wish I would have bet on PACMAN when he was underdog now he is favorite but you cannot count on the young undefeated Champion ONE TIME!
https://www.youtube.com/watch?v=BXLscVe-Y-o
https://www.youtube.com/watch?v=XNKC3831WHI
4126  Economy / Gambling discussion / Re: Pacquiao Now Stands as Favorite vs Thurman — Sportsbooks on: July 17, 2019, 06:01:05 AM
Here is the first sit down with both of them- ONE TIME sounds real confident
https://www.youtube.com/watch?v=DzaD_Kp_GkM




4127  Alternate cryptocurrencies / Altcoin Discussion / Re: Your thoughts on Facebook's GlobalCoin on: July 17, 2019, 05:55:56 AM
Facebook’s Libra Should Be Regulated Like a Security, Says Former CFTC Chair


https://www.coindesk.com/facebooks-libra-should-be-regulated-like-a-security-says-former-cftc-chair

Libra is a security, says a former Commodity Futures Trading Commission (CFTC) chairman in prepared remarks to the U.S. House of Representatives.
4128  Economy / Gambling discussion / Re: The UFC Info and Prediction Thread on: July 16, 2019, 10:37:18 AM
«Heavyweight:  Andrei Arlovski vs Ben Rothwell»

If Im not mistaken, they have already meet before and Andrei (when he was in his best shape)  was a victorious via KO.
This gonna be a good fight and for Ben an opportunity to win this rematch.


Yes you are true that AA defeated BEN with a round 3 knock out but this was more then 11 years ago!
This contest wasnt even in the ufc so it might have been a smaller promotion that did not take care of its fighters back then like UFC does today
I would be nervous to bet on the 40 year old man from Belarus- who is 2-9 in his last 11 fights with many coming from being stopped

4129  Bitcoin / Press / [2019-07-16] Canadian Town Says Yes to Accepting Bitcoin for Property Taxes on: July 16, 2019, 10:26:18 AM
https://cointelegraph.com/news/canadian-town-says-yes-to-accepting-bitcoin-for-property-taxes

Canadian crypto solutions provider and trading platform operator Coinberry has struck its second municipal partnership to provide Bitcoin payments processing for property taxes.

A press release published on July 15 revealed that Coinberry has begun negotiations with the City of Richmond Hill in the Greater Toronto Area after the Council voted on July 10 in favor of cementing an agreement with Coinberry to support Bitcoin (BTC) property tax payments for residents and firms in its jurisdiction.

The partnership represents Coinberry’s second municipal foray in less than six months, with the firm previously having implemented a crypto payments service with the Town of Innisfil, also in the Greater Toronto Area.

Coinberry is a Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)-registered firm and has been converting multiple cryptocurrencies into Canadian dollars to settle property tax payments with Innisfil, meaning that the municipality itself does not hold crypto directly. The same solution will presumably be implemented in Richmond Hill.

Once negotiations have been finalized, City of Richmond Hill municipal staff are expected to report back on the likelihood they will be able to implement Coinberry’s technology for additional payments of other City fees and broaden services as soon as September 30.

According to the press release, the Council’s affirmative vote in favor of crypto payments means that the City of Richmond Hill’s City Manager is legally authorized to enter into a contract with Coinberry as soon as negotiations are complete.

In a statement, the municipality’s deputy mayor Joe di Paola indicated that:

    "We believe that the demand for a digital currency payment option is only going to grow in the coming years, especially amongst millennials. Our Council was aware of Coinberry's successful implementation of a digital currency payment service with the Town of Innisfil, and since there was no cost and no risk to [...] do the same, it made the decision that much easier for us."

As previously reported, In the United States, the state of Ohio became the first to authorize businesses to pay taxes using Bitcoin. Businesses are allowed to pay 23 different taxes using the crypto through an online portal that was established by the state treasury office.

This March, Cointelegraph reported that the Canada Revenue Agency (CRA) was allegedly auditing cryptocurrency investors and asking them to clarify multiple points, including how and through whom they purchased the assets and whether they use cryptomixing services or tumblers.
4130  Economy / Gambling discussion / Re: Pacquiao Now Stands as Favorite vs Thurman — Sportsbooks on: July 16, 2019, 10:18:13 AM
Keith Thurman is confident he can "figure out" Manny Pacquiao-
https://www.youtube.com/watch?v=NiKI5kiqca8


Thurman Versus Pacquiao: Can Thurman Turn The Odds And Knock Pacquiao Out?-
https://www.ibtimes.com/thurman-versus-pacquiao-can-thurman-turn-odds-knock-pacquiao-out-2806676
4131  Other / Off-topic / Re: What is your constructive hobby? on: July 16, 2019, 10:11:34 AM
I like to volunteer my time with my family to feed the homeless people during the holidays when its important to be with family and most of the people at the shelter dont have a family to be with
So my local church sets up food drives and my family volunteers to help those less fortunate and who would go hungry during very important times of the year.
This is fun and enjoyable for me so I consider it a hobby and Im doing a constructively good deed.
4132  Bitcoin / Press / Re: [2019-07-12] Japanese Exchange Hacked for $32 Million in Cryptocurrency on: July 16, 2019, 10:07:46 AM
Bitpoint Reveals Amounts Stolen, Pledging to Reimburse Users in Crypto


https://cointelegraph.com/news/bitpoint-reveals-amounts-stolen-pledging-to-reimburse-users-in-crypto

Japanese exchange Bitpoint has published the breakdown of crypto assets stolen in the 3 billion yen (~$27.8 million) hack of its platform earlier this month.

A document published by Bitpoint’s parent firm Remix Point Inc. on July 16 reveals that five crypto assets in total were stolen by the attackers. The breakdown provided by the company compares the proportion of stolen customer assets with assets belonging to the firm:

    1,225 Bitcoin (BTC) worth 15.3 billion yen — 1.28 billion yen belonging to customers and 250 million to the firm;
    1,985 Bitcoin Cash (BCH) worth 70 million yen — 40 million yen (customers) and 0.2 billion yen (firm);
    11,169 Ether (ETH) worth 330 million yen — 240 million yen (customers) and 0.8 billion (firm);
    5,108 Litecoin (LTC) — 0.5 billion yen, of which 40 million yen (customers) and 0.0 billion yen (firm); 28,106,323 XRP — 10.02 billion yen, of which 2.6 billion yen (customers) and 960 million yen (firm).

Out of the 3.02 billion yen stolen in cryptocurrencies overall, 2.6 billion yen belonged to customers and 960 million yen were company assets. XRP accounted for the highest share of total losses, with stolen XRP accounting for over 10 billion yen — roughly a third of the lost funds.

Bitpoint has moreover revealed its plans to compensate customers in cryptocurrencies rather than in their equivalent fiat value.

The exchange reiterates its belief that the breach occurred due to unauthorized access to the private keys of its hot wallets, and that it now plans to move all holdings into cold storage.

It confirms that no breach of its cold wallets has been detected, but states that it continues to monitor the situation and is also suspending all services until more comprehensive security measures have been undertaken and the firm has completed its tracking of the stolen funds.

The document reveals that Bitpoint is cooperating with the Japan Virtual Currency Exchange Association (JVCEA) — a self-regulatory crypto exchange association that formed in March 2018 to help establish industry-wide investor protection standards — and has requested that the association monitor any suspected ill-gotten funds and wallets potentially associated with the incident. The exchange is also reportedly in close communication with the Ripple Foundation.

As reported yesterday, Bitpoint discovered over 250 million yen ($2.3 million) in crypto that was stolen during the hack, bringing the total sum of lost funds down to its initial estimate of 3.5 billion yen ($32 million) to 3.02 billion yen ($28 million).
4133  Alternate cryptocurrencies / Altcoin Discussion / Re: Your thoughts on Facebook's GlobalCoin on: July 14, 2019, 09:51:05 AM
Japan to Look Into the Impact of Facebook’s Libra Ahead of G7


https://cointelegraph.com/news/japan-to-look-into-the-impact-of-facebooks-libra-ahead-of-g7

Japanese authorities are investigating the impact of Facebook’s Libra stablecoin, Cointelegraph Japan reported.

Per the report, Japanese authorities have set up a liaison conference tasked with investigating the impact of Facebook’s stablecoin on monetary policy and financial stability. The conference will reportedly consist of the Bank of Japan, the Ministry of Finance and the Financial Services Agency and has already started meeting this week.


The report claims that the objective of the newly formed group is to coordinate policies that would address the consequences of Libra’s implementation on regulation, tax, monetary policy, and payments settlement.

Unspecified officials reportedly noted that they hope that more tax and financial regulators will join the group, given the broad impact of Facebook’s project. Japan has taken the initiative on ahead of the upcoming meeting of the G7 finance ministers in Chantilly, France, on 17-18 July.

As Cointelegraph reported at the end of June, France created a G7 taskforce to examine how central banks can regulate cryptocurrencies such as Libra in anticipation of the same summit.

It is not only regulators who are worrying about Libra. Yesterday, news broke that Ethereum’s co-founder Mihai Alisie is concerned that Facebook is attempting to hoodwink regulators into approving a centralized “cryptocurrency.”
4134  Economy / Gambling discussion / Re: What 🛠are the advantages 🔝of playing poker💵 on: July 14, 2019, 09:37:51 AM
Well unlike some of the dice games that are strictly based on luck and chance, poker is more strategic involved so the gambler can find a advantage.
Much different form sports betting where the gambler has no control of the outcome, in poker the gambler chooses their decision
Poker is a proven way to gamble successfully if you are good at it and there are thousands of books on sharpening up your poker skills.
4135  Bitcoin / Press / Re: [2019-07-11] Trump apparently knows what Bitcoin is, and he doesn’t like it on: July 14, 2019, 09:33:50 AM
Co-founder & CEO of Circle reaction:
"Possibly the largest bull signal for BTC ever. Crypto now a Presidential / Global policy issue. People everywhere will embrace a mix of sovereign and non-sovereign digital currency."
https://twitter.com/jerallaire/status/1149483620370796550

Co-founder & CEO of Coinbase reaction:

"Achievement unlocked! I dreamt about a sitting U.S. president needing to respond to growing cryptocurrency usage years ago."
"First they ignore you, then they laugh at you, then they fight you, then you win”. We just made it to step 3 y'all."
https://twitter.com/brian_armstrong/status/1149492705673695232

Interesting article from Forbes contributor:
https://www.forbes.com/sites/billybambrough/2019/07/13/donald-trump-just-made-bitcoin-a-2020-election-issue/#6c54e2ae2db2
4136  Economy / Gambling discussion / Re: Need partner to bet with on: July 14, 2019, 09:27:53 AM
Final warning that you will likely get scammed if you work with this person
4137  Economy / Gambling discussion / Re: The UFC Info and Prediction Thread on: July 14, 2019, 09:25:29 AM
Poor poor Aspen ladd got rocked and lost so fast  Cry  15 seconds
https://twitter.com/the_fed_23/status/1150229701471940609
So sad to see a woman take this type of beat down hope she makes a return once she has recovered
4138  Economy / Gambling discussion / Re: Would you bet on an insect fight? on: July 12, 2019, 07:58:33 AM
I was interested in seeing a insect fight but now not so much as I dont think it would be that entertaining
How about a cock fighting BITCOIN sportsbook for those who want to bet on the cocks, Im sure that type of site would be very popular.
4139  Economy / Gambling discussion / Re: Gambling destitute on: July 12, 2019, 07:56:52 AM
Yes, gambling can make man destitute at any time. Gambling is just for fun only. Gambling is not a way to make money. I know many people play gambling to earn money. But it should not be done at all. Gambling will have to play for fun. Humor pressure can never be taken if you lose in gambling. Remember gambling is just a simple game that is fun to play. Never invest more money in gambling. If you invest a lot more in gambling then you can be destitute.
Thank you
Most certainly not is it a necessity for life, but it is certainly a from of entertainment for certain people
But on the other hand, it can also serve as a major crutch and a disease for some people who can not control their desires or urges to risk their money at a chance to win more
You are going to be in a minority here to think you will get much support against gambling from much people who are here for information about BITCOIN gambling.
4140  Bitcoin / Press / [2019-07-12] Fed Chairman Jerome Powell Compares Bitcoin to Gold on: July 12, 2019, 07:53:30 AM
https://www.coindesk.com/fed-chairman-jerome-powell-compares-bitcoin-to-gold?utm_source=twitter&utm_medium=coindesk&utm_term=&utm_content=&utm_campaign=Organic%20

Federal Reserve Chairman Jerome Powell said he can envision a return to an era where multiple currencies are in use in the United States.

During Powell’s testimony before the Senate Banking Committee on Facebook’s planned Libra cryptocurrency, he said: “The size of Facebook’s network means it could be, essentially, immediately systemically important.”

Though the initiative raised “a lot of serious concerns,” including privacy, money laundering, consumer protection, and financial stability, he began to speak favorably about other cryptocurrencies.

“Almost no one uses bitcoin for payments, they use it more as an alternative to gold,” he said Thursday afternoon. “It’s a speculative store of value.”

Powell has stated in the past that the United States should not return to the gold standard. Some took the statement as referring to a call to “drop gold, buy bitcoin.”

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