News update. Is there anyone left in the forum who closely knows with this case? Does this imply that there is this possbility that a large portion of those lost bitcoin will be sold to the market before the case settles? I do not want to use the word dump on this might be serious issue. CoinLab Cuts Deal With Mt. Gox Trustee Over Bitcoin Claims
Offer is for 90% of remaining Bitcoin tied up in bankruptcy
Creditors seeking to regain Bitcoin lost on the Japanese exchange Mt. Gox in 2014 have a chance to get their digital assets back before legal claims are settled.
CoinLab Inc. said an agreement with Nobuaki Kobayashi, the trustee to the Mt. Gox bankruptcy, and MGIFLP, a unit of Fortress Investment Group LLC, will allow creditors to consider an offer of as much as 90% of the remaining Bitcoin tied up in the bankruptcy.Source https://www.bloomberg.com/news/articles/2021-01-15/coinlab-reaches-deal-with-mt-gox-trustee-over-bitcoin-claims |
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Though, more regulations mean less users. Hope that it will not happen like i think
It's actually the opposite. People would flock Bitcoin because of this regulations. The fact that they are going to make a stricter regulations means they are actually acknowledging Bitcoin and that's a terrific news to all. Government acknowledging Bitcoin is a go signal to consider for people who thinks Bitcoin as something bad. Hehehe it would be not as uncomplicated as that, I reckon. Also, if you are in bitcoin only to get rich quick, this is good for people like you. However, there are people who got in the cryptospace who are in for something else. This is why I reckon some people in the bitcoin community are going somewhere else. |
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News update. Kraken will remove XRP trading for its American users on January 29. This is not as bad as a delistment, however, this appears to show the negative sentiment of Kraken. Also, good news. XRP is presently pumping hehehehe. Kraken announced on Jan. 15 that it would halt trading in XRP for US residents. The company made the move because of the Securities and Exchange Commission (SEC) filing against Ripple Labs.Source https://beincrypto.com/kraken-becomes-latest-exchange-to-halt-xrp-trading/ |
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Despite Trump’s affiliation with the Republicans, his politics is not conservative and his governance style was more laissez faire than anything else. However, the Democrats will take over. Democrats are left leaning politicians. This might imply more government intervention, tighter regulations and less personal freedom for the people. Bitcoin and the cryptospace might be its biggest victim, I reckon.  The Biden administration is tapping two financial regulators from the Obama administration to oversee key departments that had loosened their grip of the industry under President Trump, according to two people with knowledge of the plans.
Gary Gensler, who led the Commodity Futures Trading Commission during the Obama administration from 2009 to 2014, will be President-elect Joseph R. Biden Jr.’s nominee to lead the Securities and Exchange Commission, these people said. Also, Rohit Chopra, the former assistant director of the Consumer Financial Protection Bureau, has been chosen to run that agency.
Mr. Gensler is a veteran regulator who played a central role in bringing the big banks to heel in the aftermath of the 2008 financial crisis, giving new teeth to a watchdog agency. Lately, as an academic, he has been schooling himself on digital currencies like Bitcoin that have become an important part of the S.E.C.’s regulatory mandate. He had been leading the transition team advising Mr. Biden on financial regulatory oversight.
Mr. Gensler, 63, will step into an agency that has faced criticism as being too lenient in pursuing high-profile cases involving Wall Street and corporate America.
“I think he comes in with more of a well developed enforcement philosophy given the work he did at the C.F.T.C., and just probably a bit more of an aggressive enforcement bent than the prior chair,” said Matt Solomon, the former chief litigation counsel at the S.E.C. and a partner at the law firm Cleary Gottlieb.
Read in full https://www.nytimes.com/2021/01/17/business/gary-gensler-sec-rohit-chopra-cfpb.html |
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@7788bitcoin. Also, running his own MMA promotions company and supporting a stable of 20 Russian MMA fighters requires much money to maintain hehehe. Conor will be his gold mine to have all those expenses paid for years hehe.
Khabib Nurmagomedov earned over $6 million in his last fight against Justin Gaethje, he is one of the highest paid athletes in Russia as per the reports and he has other ventures other than the recently purchased MMA promotion. He is opening gyms under his name in different countries including London and he is a brand ambassador for different brands earning millions and he does have other business ventures as well and some of them including his earnings are undisclosed . However, owning many businesses will also need the cashflow to properly run them. The more cash on hand had, this will be better and easier for the business owner. I reckon it would be a very wise business decision for Khabib to fight Conor. I also speculate Conor also needs more liquidity in his cashflow hehehe. |
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I have a question for Tom Brady fans. If he moved to the Raiders instead of Tampa Bay, would the Raiders be having a better chance to be in the playoffs? Las Vegas was one of the places Brady was strongly suggested of going by sports media last year.
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This appears to have become a treasure hunt hehe. Scammers might copy from this and make other claims of lost hardrives with bitcoins in them and promise to give a share of it in exchange for money as budget to begin the treasure hunt hehehee.
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@7788bitcoin. Also, running his own MMA promotions company and supporting a stable of 20 Russian MMA fighters requires much money to maintain hehehe. Conor will be his gold mine to have all those expenses paid for years hehe.
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I really wanted to see the Browns make it to the big game this year just because their fans deserve it.
I wanted to see them go the the conference championship also and make it easier for the Bills to reach the superbowl hehehe. In any case, on what the Chiefs showed versus the Browns, how do you reckon they perform against the Bills? Is Bills +3.5 a fair handicap? Also, the joke about Belichick on Tom Brady going to the superbowl is becoming true. |
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I search "22bet bitcointalk" keywords in google and I can't find any ANN thread in bitcointalk, so I would assume that they don't have an ANN thread here, and honestly, it's my first time to know the name of the site, normally I don't gamble in sites that are not listed in the forum, or those that has an active ANN thread. Just move this to scam accusation OP so people will be aware of your experience.
Agreed. If it is an unknown sportsbook that accepts only cryptocoins for deposits and it does not have an ANN thread, do not deposit. Your coins will check in but they might never check out hehehehe. There are plenty more better sportsbooks to choose from here in bitcointalk like sportsbet.io, nitrogensports.eu and cloudbet.com. I sound like shilling these sites, however, I never had problematic issues using them and I always recommend them to friends. |
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@notblox1. It appears Dana has created the storyboard for the return of Khabib. Khabib said he wants someone to do something spectacular. I reckon everyone should begin to cheer for Conor to do something spectacular now hehehehe. Turning kick to the head might and some trashtalk will do this hehe. https://www.youtube.com/watch?v=BaI79MbHanA |
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It's snowing in Green Bay.
The winds are strong in Buffalo. This partly might have made the Ravens miss the field goal. Also, rush yards for the game might go over and pass yards might go under. NFL speculations from a casual fan hehehe. |
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On the Nets. It appears Russian oligarchs are laundering their money through their purchase of American basketball teams now hehehe. This is similar to other Russian and Chinese billionaires who buy ownership shares of European football teams.
In any case, I am not certain on why the Bucks are always one of the favorites every year.
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Sorry but the majority of my transactions are for day-to-day transactions. Top of the list is food delivery (which is getting more frequent in these times), but I'm also now already able to get a lot of credit (paid for with Bitcoin) at almost all the stores I shop at. Cashback rocks.
That's not even counting the payments I make to people or to deposit for the things I do every day (sportsbetting for example). All in Bitcoin.
Sure, I still have to sell for the cash to pay most bills and other expenses. And granted, it'll continue to be the case for a while. But sorry, Bitcoin really is for my day-to-day.
However, it does not imply that bitcoin is a perfect medium to use as a system for payments. It is not only you who uses it for gambling and spending for other things. Many users also use it with much complaints on the high fees and long confirmation times. We should be realists. |
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Cryptocoin news media sites are inventing macroeconomic connections for the dump, however, there is really none. Can it be only because a group of whales pumped and then later dumped on us?
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Yeah, that is to be read as fear.
But really, there is so much to do with fiat. Fiat's room for improvement is so vast. I don't think Lagarde's efforts toward Bitcoin are worth it. She better be spending her intelligence, effort, and time in looking for ways to develop fiat in such a way that it would perfectly fit an age which is so much ahead of fiat's structure.
She's just wasting her time trying to grasp that which couldn't be grasped and control that which is uncontrollable. The more Lagarde and her team focus on trying to control Bitcoin the more they forget that they have a money which is obsolete as it is unfair and abused. And the more fiat is unattended to, the more people will shift toward Bitcoin.
Agreed. However, there is nothing to improve with fiat. It can be argued that bitcoin, monero, litecoin and other similar cryptocoins are the improvement. They do not want this, however. They want everyone to remain ignorant hehehe. |
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@mrob82. Which sportbook offers those teasers? The Packers down to pickem is a very good offer. I reckon the Rams with +6.5 and the best defense in the regular season might make it a very close game and cover the handicap.
Also, the Bills in their home stadium, this is the playoffs and it is only -2.5 hehe. Bills might win with more than 3 points.
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@ Harlot. It might only be a paid for advertisement from a new bitcoin payment processor called Strike hehe. This appears to be a new form of marketing tactic similar to reality TV became a new form of sitcom hehe.
This is surprising, because the article appeared on Fox News (I came across it for the first time last month) and I never thought that it was a promotional campaign. Anyways I was wondering why he is taking a huge risk in converting half of his salary to Bitcoin (the article claims that he made the request in 2019, when the Bitcoin exchange rates were quite suppressed). It is a risk, however, he can change his lifestyle, assume that he has lost half his salary already and make all his expenditures for 2021 only 50% of 2020. I speculate that he might raise expenditures by 500% on 2022 hehehe. |
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Regulate bitcoin really implies stop the big banks’ competition in activites of money laundering and other financial crimes. I reckon they do not want us to have the same type of power that they have.
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@exstasie. What is damn vague in tether has become a systemic risk on bitcoin because tether has become interdependent with the whole of the cryptospace?
Why should I be biased? I am realist.
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