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4481  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: January 09, 2021, 04:50:31 AM
Also, there is playoffs Henry who is very much different from regular season Henry hehe.

Hehe, if Henry will be even better in POs, then he has to rush for like 300yds. He already had one hell of a regular season and with 81yds more, he would have had the record for single season rushing yards, which is held by Dickerson with 2,105yds. Lets see, I like him, so would enjoy if he manages to find a even higher gear in POs Grin
That is a scary thought, Henry had an MVP level season if he is capable on improving upon his own performance then the Ravens are in trouble, however during the regular season when the Titans and the Ravens played each other Henry ran for 133 yards with 1 TD in 28 attempts, so he had a good performance but not anything close to what we know he can pull off when he is inspired.



This Super Wild Card Weekend is crazy I am getting worried that I will have to pull off a Homer Simpson if I want to watch the 3 games 2 days in a row.

Source: https://tenor.com/view/botana-the-simpsons-homer-couch-potato-movie-marathon-gif-5945711

Hehe I only care about the games of the Bills and the Colts, and the Titans and the Ravens. I do not understand why the best games for the wildcard are the first to play for each day.
4482  Bitcoin / Bitcoin Discussion / Re: Bitcoin Vs Tesla Fight! on: January 09, 2021, 04:31:43 AM
What if they have the same investors? Lol. I think this is way better for a gambling discussion instead of just a standard thread. It’s going to be more entertaining when it comes to the point where one stock or one as it will dump. I think the disadvantage when it comes to dumping Is bitcoin because they’re a lot of holders of bitcoin and compared to the Tesla stock. They have the majority of stakeholders on it and probably not going to sell out anything soon, But with bitcoin, you will never know who or when they will sell out some of their stacks.

Similar investors or pumpers hehe? All different markets behave similar when the bubble stage is beginning. It will pump very fast then also dump very fast.

In any case, this news article. Will his gamble be right this time?



Michael Burry, the investor whose billion-dollar bet against the US housing market was immortalized in Michael Lewis' book "The Big Short," predicted that Tesla stock would suffer a similar downfall.

"Well, my last Big Short got bigger and bigger and BIGGER too," Burry tweeted on Thursday.

Tesla's stock price jumped 8% that day alone, adding $60 billion to its market capitalization - equivalent to "1 GM, 2 Hersheys, 3 Etsys, 4 Dominos, 10 Vornados," he continued.

"Enjoy it while it lasts," the Scion Asset Management founder and boss added.


Burry disclosed in December that he was shorting Tesla, and he called for CEO Elon Musk to capitalize on his electric-vehicle company's "current ridiculous price" by issuing shares. "Sell that #TeslaSouffle," he added

Burry was portrayed by Christian Bale in the movie adaptation of "The Big Short." He has adopted the Twitter name "Cassandra," a reference to the priestess from Greek mythology who was cursed to share true prophecies but never to be believed.


Source https://markets.businessinsider.com/news/stocks/big-short-michael-burry-predicts-tesla-stock-price-housing-bubble-2021-1-1029943006
4483  Bitcoin / Press / Re: 2021-1-2 Coindesk - Bitcoin Worth $1B Leaves Coinbase as Institutions ‘FOMO’ Buy on: January 09, 2021, 02:16:39 AM
Where do you think the printed money goes? It certainly doesn't go in my pockets, let alone in yours.
https://fred.stlouisfed.org/series/CURRCIR
https://tradingeconomics.com/united-states/money-supply-m0
Yes, it's logical to me: the more they print the more they sustain the crippling economy.
You're right on one thing though: where the heck is inflation?

I cannot disagree if you are implying that bitcoin is being glaringly manipulated. Tether is 50% of bitcoin’s volume and they can infinite print USDT without regulation to continue the pump.

However, it appears everyone in the forum will call it FUD if I ask questions about this.
4484  Economy / Gambling discussion / Re: Gervonta Davis vs Ryan Garcia on: January 08, 2021, 03:57:20 AM
Is this fight going to be a certainty this year or did @suzanne5223 only speculate that this would happen this year? The best of the best in boxing usually avoid each other or take the negotitations very long similar to Floyd versus Pacman.

Another fight that should be given to the fans is Terrence Crawford versus Errol Spence.
4485  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: January 08, 2021, 03:36:46 AM
I am looking at the teams records and statistics. Something in me is saying that all the favorites might not cover the spread except for the Steelers. This is the playoffs with no fans. This might be more favorable for the underdogs.

Colts +6.5, sorry Josh Allen.
Redskins +8.5, should only be 6.5?
Titans moneyline and over rush yards for King Henry.
4486  Economy / Gambling discussion / Re: The UFC Info and Prediction Thread on: January 08, 2021, 02:55:53 AM
@ notblox1. The limited fans in the arena news might only be for marketing and clickbait. Those fans might only be the fighters’ coaching staff, family and friends who are invited by private plane by Dana.

Khabib might be there to support his cousin hehe. Conor should trash talk if he wins hehehe.
4487  Bitcoin / Press / Re: 2021-1-2 Coindesk - Bitcoin Worth $1B Leaves Coinbase as Institutions ‘FOMO’ Buy on: January 08, 2021, 01:27:22 AM
@figmentofmyass. However, look at the chart. This appears to be very similar to a bubble ready to burst. Similar to the 2 bubbles bitcoin has witnessed in the past. You reckon institutions would take that risk by buying today? Also, if the market is really manipulated by them, would it not he better to buy the bottom and manipulate it to sell during the height of the pump?
Like figmentofmyass already explained, I think they can sustain whatever price levels they want. Before the covid19 crash that happened in March, wall street was in a bubble too and it popped. Nonetheless, here it is at those prices again without any actual link to what's happening in the economy.
Maybe bitcoin price is going up to a certain point and then it will magically pop because of some unforeseen (or carefully planned) black swan.
I have 100% confidence in bitcoin as an asset and as a technology but I don't trust what drives the market right now.

They can sustain whatever price levels they want? Where would all the unlimited money supply to sustain it come from? How would this not affect inflation? What you say is not logical.

Also, we have already witnessed financial bubbles burst because it cannot be sustained. 2007 housing bubble, 2014 and 2017 bitcoin bubbles and few other financial bubbles in history. Read them.

@cr1776. However, if you looked at the chart, does this stage of bitcoin’s price not look like in a stage of a bubble? Is this sustainable? Are the institutional investors’ funds unlimited to sustain this trajectory?
4488  Bitcoin / Press / Re: 2021-1-2 Coindesk - Bitcoin Worth $1B Leaves Coinbase as Institutions ‘FOMO’ Buy on: January 07, 2021, 07:47:15 AM
@figmentofmyass. However, look at the chart. This appears to be very similar to a bubble ready to burst. Similar to the 2 bubbles bitcoin has witnessed in the past. You reckon institutions would take that risk by buying today? Also, if the market is really manipulated by them, would it not he better to buy the bottom and manipulate it to sell during the height of the pump?
4489  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: January 07, 2021, 05:53:16 AM
Here are the early odds:


Source: https://www.oddsportal.com/american-football/usa/nfl/

At first glance and with covid issues probably still to come, this looks all ok-ish to me. Bills are a bit low, but just a bit, maybe weather is already factored in. Though I kind of like the Titans I don't think they will look particularly good against the Ravens with the porous defense they have, so 1.5+ looks good here and I also like the over; this can go well into the 60's.

I have only begun looking at this.

Titans without handicap. Regular season Lamar is different from playoffs Lamar hehe. He was my MVP for last year, however, he has shown to be very useless during the playoffs.

Also, there is playoffs Henry who is very much different from regular season Henry hehe.
4490  Bitcoin / Press / Re: 2021-1-2 Coindesk - Bitcoin Worth $1B Leaves Coinbase as Institutions ‘FOMO’ Buy on: January 07, 2021, 04:12:20 AM
@Karartma1. Do you really assume that institutional investors are buying bitcoin presently on where its price is? This might be the bubble stage and buying now is gambling that it might pump more. Institutional investors do not behave like this.
4491  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Worthy to invest in Grin on: January 06, 2021, 02:56:30 AM
Grin is a new coin and I have heard a lot about it. Bitcointalk forum admin has started to accept grin as a payment method. Is it worthy to invest in grin now? The current price is $4.50 or something like that. What do you think? Will it increase or decrease more?
It is very difficult to predict whether this coin will be able to increase in the future. And in General, personally I am now very concerned about new projects, unfortunately we do not know what to expect from the already well-known projects, so personally I will refrain from new in this market.
You've seen the potential of Grin already and you're having doubts whether it will still moon further due to the present market conditions. Invest now to avoid missing the chance to cos in the near future it will be go beyond your reach. It's more preferable to invest in already trading project than new project

Grin was not created to be as a speculative investment and getting rich quick similar to some of the other cryptocoins. Everyone should read its monetary policy before buying because you might lose value by speculating on this like it was bitcoin.



As an experimental hypothesis, Grin's inflation rate may discourage hoarding early on, improving its distribution. Inflation disincentivizes "whales," who have an inordinate amount of control over the price of an asset, and should act to downplay speculative bubbles and price swings. Early adopters get just as much out of grin as those who adopt later. This argument is discussed at length in Bitcoins are not digital greenbacks, in which Wei Dai himself considers "Bitcoin to have failed with regard to its monetary policy". Grin is aiming for as equal access and utility as possible for all users, now and in the future.

Constant emission could provide enhanced supply/demand certainty for all types of users, and allow transparent and natural pricing. Note: Bitcoin becoming widely usable as a method of exchange versus a strict store of value depends on the concept of "Keynesian beauty contests." The experiment is ongoing.

Grin is focused on privacy, scalability and fairness. If groups or individuals "get rich quick," they will have power to influence the entire grin economy more than others. Grin is not for creating technocrats, but for providing private digital cash to as many people as possible. Hoarding is a huge centralization pressure, and grin emission policy hopes to mitigate this.

The idea is to use grin like you use your bicycle, to get you around and make you more efficient, not to store in your garage hoping its value goes up.


Source https://github.com/mimblewimble/docs/wiki/Monetary-Policy
4492  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XRP] Ripple Speculation on: January 06, 2021, 02:31:11 AM
@rodskee. The future of much of the cryptospace might depend on the outcome of this case because if Ripple is charged and ordred to take down XRP, the case might become a legal predecent for the SEC to take down other projects that can be defined as illegal securities based on Ripple’s case.

Coinbase delisted XRP because it is an illegal security? I can tell you what other coins they should be delisting hehehe.
4493  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XRP] Ripple Speculation on: January 06, 2021, 01:52:22 AM
@JollyGood. However, Ripple’s present situation is very different. There is a pending charge waiting to be determined by a judge against them. This is not the usual penny stocking style pump and dump.
4494  Bitcoin / Press / Re: 2021-1-2 Coindesk - Bitcoin Worth $1B Leaves Coinbase as Institutions ‘FOMO’ Buy on: January 06, 2021, 12:26:19 AM
@figmentofmyass. Sorry. I got lazy from reading all these different articles. I did not bother to look again.

In any case, you speculate institutions will fomo buy bitcoin on these high prices? They might be too smart for this. Dumping on the people is their job hehe. I do not think they will fomo buy to hold bitcoin at their own expense.

I am only being my skeptical self hehehe. People in the cryptospace can sometimes become very excited about anything to hype.
4495  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: January 05, 2021, 04:41:41 AM
Washington Football Team

Now, about that name;  I read an editorial not long ago that claimed Dan Snyder (owner of the ForeSkins) who is a Premier League fan was considering officially naming the team Washington Football Club, or WFC.  Although conflating football with football is likely to add confusion in some cases, I must admit I don't hate that.  WFC seems to flow off the to tongue in a seamless way.  Where as WFT seems destined to trip you up, almost taunting ones dyslexia.

Anything is better than having the word "Team" in your team name. But I don't think they'd go for it because who wants to be confused with soccer after all. When times are desperate, or if I was stuck in a bar somewhere and the only thing on was soccer, I'd watch it. But it just doesn't get the adrenaline and testosterone flowing like the NFL.



However, why did they change the Red Skins team name? Is this politically correctness? Were native Americans offended? The Dallas Cowboys should also change their team name to the Dallas Cowpersons.
4496  Economy / Speculation / Re: The Big Short movie, BTC edition? on: January 05, 2021, 03:53:44 AM
Operation stop big short? This might be the beginning of a transformation in the stablecoin market from a USDT influenced market to USDC, GUSD and others that might be more favored by regulators.

Also, it mentions that the document can be interpreted that public blockchains can be treated as infrastructure similar to Swift, ACH ad Fedwire.

This is good news except for Tether and Ripple because the SEC has pending charges against them. The skeptical me thinks that there might be a conspiracy where there are movers behind this that favor USDC and Stellar. Am I watching too much movies again hehehe?



Breaking major news from US Treasury OCC, the largest US banking regulator (@USOCC), with new guidance allowing US banks to use public blockchains and dollar stablecoins as a settlement infrastructure in the US financial system.

The new interpretive letter establishes that banks can treat public chains as infrastructure similar to SWIFT, ACH and FedWire, and stablecoins like USDC as electronic stored value.  The significance of this can’t be understated.


Source https://twitter.com/jerallaire/status/1346233132396257282?s=12

https://www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-2a.pdf
4497  Economy / Speculation / Re: Why we will get a Bitcoin ETF in 2021 (or early 2022) w/ poll on: January 05, 2021, 03:17:57 AM
Many have tried to bring a true Bitcoin ETF to Wall Street over the years, starting with the Wiklevoss twins in July of 2013.  The major problem cited has always been lack of liquidity that could lead to massive volatility.  The answer to this problem has always been a bigger market.  How big is anyone's guess, but given Bitcoin's history of tracking the stock to flow pricing model, you could see potential for this year to have a major jump in valuation that would likely meet any prerequisite for market size and liquidity.

It may not matter anyway (because I think we're getting there for other reasons) but higher prices alone won't necessarily guarantee the sort of liquidity they want. In terms of market share, the SEC wanted to see volume and liquidity shift away from shady, unregulated exchanges who are hidden in uncooperative jurisdictions (Okex, Huobi, Binance, Bitmex, Bitfinex, Poloniex) and towards regulated futures and equities markets and American/European spot exchanges.

A lot has been done in that respect. Bakkt and CME futures are growing, GBTC is growing. Bitmex obviously got cut down in size. Okex, Bitfinex, Poloniex aren't quite what they used to be. But I think Binance and Huobi are still really big thorns in their side.

We're definitely getting there though, quite possibly during this bull cycle. Massive interest in the futures markets and in instruments like GBTC and Microstrategy might force their hand.

Also, large institutional investors certainly should not want their dollars near those hack prone exchanges that are in a constant questionable position with regulators hehehe.
4498  Bitcoin / Press / Re: 2021-1-2 Coindesk - Bitcoin Worth $1B Leaves Coinbase as Institutions ‘FOMO’ Buy on: January 05, 2021, 02:35:50 AM
I am very skeptical of this article. Institutional investors do not fomo buy similar to ordinary investors.

says who?

institutions aren't some mythical beings that only buy bottoms and sell tops. they may have stronger hands than retail---because they have deeper pockets---but they chase markets like everyone else.

Also, a judge will determine Tether’s case on January 15. Might this be Tether held in exchanges are traded quickly for bitcoin for safety?

nope, the 35k outflow came from coinbase, who doesn't support USDT.

Institutions hire traders who know what they are doing and do have a method for their trades. They do not fomo buy and cause the price to move up very fast that would also cause slippage.

What outflow? Can you give me a source on this?
4499  Other / Archival / Re: Livecoin - Exit SCAM? 1 BTC = 1 400 000 USDT or 500 000 USD on: January 04, 2021, 05:28:17 AM
Or a hack/bug. Why would they need to pump the price if they are exit scamming? Don't they already own/hold the exchange's wallet with all the coins?
Or are you expecting greedy people to deposit their BTC, try to sell them and get them stuck there?

Perhaps in this way they wanted to attract as many deposits as possible in order to steal funds.

The price reached 2,000,000 USDT for 1BTC and then the exchange shut down. Now there is such a warning:



It might also be something to make it appear that they were hacked not dissimilar to a distraction. Exchanges cryptcoin prices exist only in their trading engine. They can fake the price and claim that they were hacked while they pretend to be the hackers to steal the coins.
4500  Economy / Speculation / Re: Bear market? Will NEVER HAPPEN because of tether printing. on: January 04, 2021, 04:51:57 AM
Does this imply that the CFTC can also charge Tether?

Yes. The CFTC hasn't expressed much interest in stablecoins but they did say this:

Quote
A stablecoin backed by fiat currency or a tangible commodity is likely a “commodity” under the Commodity Exchange Act, but the CFTC should have no day-to-day oversight over such a stablecoin; it retains anti-fraud and anti-manipulation authority, however.

https://www.cftc.gov/media/2731/TAC100319_Stablecoins/download

In any case, you agreed that Tether is shady and you also know that there have been no verifiable audits, however, you say any speculations and if someone asks questions about Tether’s legality and backing is FUD?

This is ridiculous. I've explained in painful detail what is FUD and what isn't. Please stop beating a dead horse. Let it go.

What would you say if Tether has been taken down?

I'd shrug. What would you say if Binance got taken down? Or if Coinbase got hacked? Or.....

I was asking if Tether was taken down and charges on it were proven, would this be the only time it will not be FUD for you? All the questions and speculations will be considered well founded?

In any case, similar to what you have told me, let us agree to disagree.
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