And it turns out to be scam anyways, Petro was supposedly back up by millions if not billions worth by Russia, but it was not the case though, that's why it is a total failure and Venezuelan still rely on bitcoin in order to survived.

But the similarity with Venezuela is that Lebanese government as launching their own CBDC to combat sanctions, get the confidence of their people to the central bank and help alleviate the economic crisis they have right now. And I don't know if this is the right solution or not. But it's funny at the end of the article:


Bitcoin FTW!!!.

And they have introduce digital Yuan to boot.

I think what they wanted against bitcoin is the 'capital flight', because we all know that with bitcoin and crypto, you can simply hedge your wealth to it, put in your hardware wallet and exchange outside of the country.

That's why they really attack bitcoin and make a hard line stance, threatening to ban bitcoin mining, ban ICO's imposed fees on bitcoin exchanges in 2017. But even after that although it has created a big impact on the price back then. But right now a news coming from China doesn't have 'jolt' anymore.

Yeah, what's so scary about the down turn? this is just a normal correction. $17k was retested, just rejected, the price support at $16500 but then didn't hold goes down below $16k, that's how the market moves.

Scary is when the price goes down -60% last March and everyone has bitching around saying that bitcoin is dead, Lol. Much better to just stay relax and let the market goes on it's normal flow. We are not yet in the bull run that we are looking like the 2017, the four year cycle begins in 2021 so we have a lot of leg room to make for a new all time high next year.

You could also bought it back when the price went down hard to $80, I'm sure that those who have scoop ETH on that price are very very happy. I just had a discussion with that last night with a friend which I taught to invest early on ETH. 


Bitcoin is different though, yes, we shouldn't sell it even if the price goes to $16k of today or even @$20k, so much potential to reach a new all time high in 2021 and who knows what the price will be. LNK? just another pump and dump altcoins.

Good win for Nadal, I hope that tennis better didn't pass on that good odds on him.

Rublev though is a bit sloppy, his forehand is very poor and Nadal took advantage of it. That's why in the entire match Nadal was not threaten and was not in any trouble going on a comfortable win against Andrei.

@Juggy777 - yes Nadal has poor record here, but it seems that he is improving specially his serve. He has recovered from the injury, so it's a positive start for him.

Just to add though, there are ways that these scammers can take advantage of this so called free coins or airdrops.

(a) you will get them, but you have to submit your personal info. Not good as you don't know what they are going to do with your data, it might be sold to dark market

(b) they are scam airdrops that will ask you to deposit ETH first before they will distribute it, so again, another MO by scammers

(c) those airdrop tokens are worthless in the long run

So be careful on what airdrops you are going to join, you don't want to be the next victim here.

I agree, we're not yet in the 2017 bull run, more of still have time to accumulate, 2017 started with a lot of hope, ~$800 turn suddenly turn to $1k+, then market it goes down below the 4 digit, then goes up again in the $2k range, then the so called Flippening (Ethereum taking the top spot), price goes down again, and then Japan enter the scene pushing the price and the rest is history.

So imagine what will be the scenario next year, 2021, lots of ups and downs, first, second quarter and then boom, massive spike in the last two quarter. So it's going to be as exciting or even more compare to the 2017 eventual bull run and all time highs.

As per CryptoWhale:



https://twitter.com/CryptoWhale/status/1327049480483508225

Really ironic and comedy to most, but this is the reality. At $3800, people are still not buying and looking for more dip, and majority are shouting that it is the end of bitcoin.

Fast track to November, the opportunity to scoop cheap bitcoin is no longer present, and yet everyone wanted to join the bandwagon and extremely bullish to even predict a six digits as the next all time high.

Anyone here a fan of golf tournament? US Masters is on-going and the favourite, Dustin Johnson @1.19, not attractive odds, however, again, if we love to bet on the underdogs the odds are very enticing:



You can also read some nice article here: 2020 Masters leaderboard breakdown, scores: Dustin Johnson in complete control after scorching Saturday .

Anyhow, just opening this thread and hope that some golf gamblers will come out and give their analysis of the current leader board or if there is a possibility of upsets.

As usual Chainalysis has every solution - Asset Realization Program 

Yes, take everything with a bag of salt, if they developed a tool for Monero then good, but I doubt that it will be that effective because Monero could simply ugrade to another algo and those tool are done. In this case, still a cat and mouse game, we already know what their intentions now, trying to be in the government side, but initially they look likes they are here doing good for the crypto market, but it seems they have taken advantage of every business opportunity.

Advance users? How do you know if someone is advance traders?

And it seems that you are starting in the wrong foot, Lol, so you wanted to start a trading group but you wanted people to have at least $5k in trading capital. Second, no one will trust a newbie like you, and we really don't know if you really have trading experience or not.

If you wanted to start a group then it should be free, provide free services and tips.

Historically Crawford is a slow starter, and he admitted it post fight interview. He said that he is trying to gauge the distance. And Brook was winning the jab wars early and maybe it was a problem for Crawford, but he adjusted as the fight goes on and then caught Brook in the fourth. And you can see the Brook has a plan, jab on the face and then body.

Should be Crawford vs Spence next, or at least Crawford vs other bigger name in the 147 lbs at least.

For those wondering what will be the odds for Nadal:



@1.65, this is still very attractive to bet for Nadal here. As for Thiem vs Tsitsipas, it's a bit tricky, Tsitsipas is inconsistent, but he beat Thiem here last year so obviously he is the defending champ and this could boost his confidence. And if he wants to become a back to back champion then this is first step.

And it will remain like that, just an experiment and i doubt that it will shake up the traditional centralised finance. And look at the state right now, although billions might be flowing to the Defi ecosystem, but yet hacks are getting prevalent nowadays that might give people the reason to stay more and leans toward the old centralised system.


IT people have no power? Bill Gates? Bezos? Steve Jobs? They can if they want but they know that they can be billionaires and super rich without touching any of the finance system.

Highlights of Emmanuel "Manny" Rodriguez

https://www.youtube.com/watch?v=cMkCiye54Sk

Good puncher power, decent hand speed, aggressive and come forward fighter.

So it this is a tailor made fight for Donaire, as we all know that he can adapt to his opponent. In this case he will be countering with his left hook and then overhand right and I think Donaire can hold his chin against Rodriguez



https://boxrec.com/en/proboxer/614887

The only FUD that can really affect us is that the Chinese totally shutdowns bitcoin mining. But other than that, since they already made a U-turn on bitcoin and just embraces the technology behind and altcoins/shitcoins.

https://www.chainnews.com/articles/647805801818.htm

Bitcoin is not even in there top ten, lol, and I'm sure the next reports will show bitcoin perhaps in the 15-20 spot. So it just shows that they are no longer in the bitcoin bandwagon, or at least that's what the message the government is trying to send the us.

I think he was comparing the price movement of bitcoin and how it bounce back to $16k again. While the rest of the altcoins that time was having a good price, but majority didn't do well up to this point.

And it's good to see that bitcoin is just like 16% below it's previous all time high when it hits $16,500 in the last couple of days (although we have witnessed another correction in the last 48 hours).

So lesson learned here is that we should stick to bitcoin regardless if we go on bearish cycle as compare to alts because its resiliency and recovery will be faster that those shitcoins.

I think it's a welcoming news if the newly elected President will lockdown the US to control the pandemic in the States. At least it will be a full disclosure on Biden's part and I think he won the election because he is focus on the control of the spread, unlike Trump who just shrugged the idea that US or the virus will have a impact on them.

As for the prediction that Dow Jones will crash, I don't believed so. We have seen the effects of the Covid-19 and it seems that traditional financial markets reacted already, seen the worst, but recovered. And for sure, a plan B or plan C will be put into action if ever Biden decided for a lockdown, and I don't think it will last for three months though. Probably it will be on a case-to-case basis.

^^ Thanks for the info mate. I'm still torn with this fight though, I wanted to bet on the underdog Kell Brook to pull an upset, however, I do think that he is over the hill and Crawford wouldn't let himself lose this fight because he is looking for a Spence fight in the future.

He is not getting any younger and as he opted to get out of his promotion from Top Rank, he will be good for three fight max before the start of him slowing down.

Couple of days to think, if it's worth the risk to bet on Brook or just let this fight go and wait for Crawford vs Spence. 

I don't see in at as an investment method, if you are talking gambling and hoping for a good return or huge win. But investment method as in, investing some of money like @Yatsan did here: GAMBLING SITE INVESTMENT then I will yes since he shows that he is on the positive side.

But I think majority of us are going to be the gamblers that we are, just to play and have some fun and then some, if we win or lose big. No one are going to look at it as investment method.