Bitcoin Forum
June 14, 2024, 03:53:43 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 [227] 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 ... 603 »
4521  Economy / Gambling discussion / Re: UFC 257 Main Event: McGregor vs. Poirier [Prediction and Discussion] on: December 29, 2020, 04:48:20 AM
The first match between McGregor and Poirier started the rise of McGregor where he was sparring with his mouth well before the match and the mystic mac persona started after this fight if i remember correctly. Porier was a young fighter coming into the fight and Conor stopped him in the first round as he predicted but the second fight is an entirely different fight and i am expecting a tough battle and i am picking Poirier in this fight consider McGregor was mostly inactive and his terrible gas tank.

Agreed! Dustin Poirier has very much improved since their fight in the featherweight division. This fight is also for 5 rounds which benefits Dustin more. Also, Dustin almost caught Khabib with a guillotine choke. He might do this to Conor when Conor is tired.
4522  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: December 29, 2020, 04:14:40 AM
We know who will not be the Patriots' quarterback next year hehehe. What point in his career does this put Bill Bellichick? Will he continue to be the coach or will he rebuild the team? He is on the crossroads.

@DireWolfM14. Shocked
4523  Alternate cryptocurrencies / Altcoin Discussion / Re: XRP Price Dives After SEC Files Charges on: December 29, 2020, 03:47:23 AM
Ripple is worth billions right now even after courting negative publicity surrounding the legal action taken by the SEC.

Like you said, if they go after Ripple now and succeed then which crypto will be next? If a legal precedent is set against one then maybe that will be used against others so it is in the interest of everything within the crypto sphere for Ripple to hire the best legal defence to defend itself.

I am not sure if I agree with you about Ripple settling out of court because even if they escape a lengthy court battle not all crypto will be able to raise the finances to do so.


@JollyGood. Ripple's investors similar to Andreessen Horowitz and CME Ventures might also have the political connections to help them avoid an unfavorable verdict or there might only be a settlement on the case without a trial.

Also, I reckon we should hope that Ripple settles or avoids the charge because the case might become a legal precedent to use against everything else in the cryptospace.

There are other ICOs that have settled with the SEC. EOS which clearly is a security that would not have passed the Howey test was one of them.

In any case, our attention should be on Coinbase. It is in a bad situation where it cannot go on with their IPO because it has XRP listed and it cannot delist XRP because the investors of Ripple are also the investors of Coinbase hehe.
looks like that Coinbase is pulling the plug on XRP
This will definitely hurt it more also just now XRP had a 8% dip going down to just a 25 cents and could possibly go down even more and here is the announcement

After this, the next exchange to watch is Kraken hehehe. Kraken might also have a hard decision similar to Coinbase. Jesse Powell, CEO of Kraken, was one of Ripple's first investors who was also allocated billions of XRP. He resigned from the board of directors after Jed McCaleb left.
4524  Bitcoin / Press / Re: 2020-12-22 Yahoo - Why BTC's blockbuster 2020 is different than the 2017 bubble on: December 28, 2020, 04:37:58 AM
I reckon Meltem Demirors did not consider that markets always bubble because there are always speculators around to join the pump and leave. To always pump and pump bitcoin is also not sustainable without new investors joining the pump.
4525  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: December 28, 2020, 04:13:23 AM
I was only speculating for the Colts to have a better chance of winning vs. the Jaguars than the Titans possibility of winning against the Texans hehe.

4526  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: December 28, 2020, 02:51:46 AM
@suchmoon. Agreed hehe. The Titans' defense is very terrible. But they appear to be adjusting, however. The 2nd quarter was better for them.

In any case, if they lose this game, they certainly lose the division. The Colts will be against the Jaguars (1-14) in their home stadium on week 17.
4527  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: December 28, 2020, 01:29:01 AM
Looking forward to seeing Henry in the snow. Smiley

It appears to also be slightly windy. This might be bad for Aaron Rodgers' passing hehe. The Titans have one of the worst defense, however.
4528  Economy / Speculation / Re: Oh BTC crossed 25k on: December 27, 2020, 08:36:32 AM
This pump appears to be going faster. Can anyone who owns a Coinbase account look at the orderbook? I have seen some mentions in social media that Coinbase is running out of bitcoins to sell.
4529  Alternate cryptocurrencies / Altcoin Discussion / Re: XRP Price Dives After SEC Files Charges on: December 27, 2020, 07:20:30 AM
Ripple is worth billions right now even after courting negative publicity surrounding the legal action taken by the SEC.

Like you said, if they go after Ripple now and succeed then which crypto will be next? If a legal precedent is set against one then maybe that will be used against others so it is in the interest of everything within the crypto sphere for Ripple to hire the best legal defence to defend itself.

I am not sure if I agree with you about Ripple settling out of court because even if they escape a lengthy court battle not all crypto will be able to raise the finances to do so.


@JollyGood. Ripple's investors similar to Andreessen Horowitz and CME Ventures might also have the political connections to help them avoid an unfavorable verdict or there might only be a settlement on the case without a trial.

Also, I reckon we should hope that Ripple settles or avoids the charge because the case might become a legal precedent to use against everything else in the cryptospace.

There are other ICOs that have settled with the SEC. EOS which clearly is a security that would not have passed the Howey test was one of them.

In any case, our attention should be on Coinbase. It is in a bad situation where it cannot go on with their IPO because it has XRP listed and it cannot delist XRP because the investors of Ripple are also the investors of Coinbase hehe.
4530  Bitcoin / Press / Re: 2020-12-22 Forbes - Bitcoin, Cryptocurrency, And Blockchain Predictions For 2021 on: December 27, 2020, 06:43:00 AM
@acquafredda. There will always be a new altcoin season. We should be asking ourselves when and how long this might be. If there was no coronavirus lockdowns, I would have speculated it would begin on January to March, 2021 and some coins might reach their all time highs on May during Coindesk's consensus conference or some months after. However, with the lockdowns it might begin later.
4531  Bitcoin / Press / Re: [2020-12-17] IRS is trapping bitcoin and altcoin investors on 2020 tax form on: December 27, 2020, 05:09:20 AM
Israel's government tax collection agency has also begun their own inquiries about their own citizens. I speculate that this might only be the beginning. We might also witness somehing similar across Europe and Asia where the government would demand their share of your money. I am shaking my head. This might be an argument to hold anonymous coins and only trade in grey markets without KYC.



The revenue collector, the Israel Tax Authority (ITA) has reportedly sent notifications to dozens of Israelis who own digital currencies asking them to fully disclose their assets and be taxed accordingly. In addition to sending letters to local citizens, the tax body has also sent inquiries to cryptocurrency exchanges operating in Israel and those based outside the country.

Reports of the notifications and inquiries being sent by the revenue collector were preceded by Israeli media speculation that tax assessors across the country were exerting “pressure on the digital currency market.” However, as Globes is now reporting, the ITA wants to “obtain information about Israelis trading in these currencies.” Before sending notices and inquiries to crypto exchanges, the Israeli revenue collector had been receiving “data about the Europe-based funds and accounts held by Israelis.”


Source https://news.bitcoin.com/israeli-tax-authorities-notify-cryptocurrency-owners-to-disclose-their-holdings-for-taxation-purposes/
4532  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: December 26, 2020, 05:17:21 AM
Hello NFL experts! The Steelers and the Packers are certain to go on to the playoffs. Do you reckon a multibet on their opponents, the Colts and the Titans, is a good bet? Titans and Colts are in a close battle to clinch AFC south division and might play harder than opponents that clinched their slots already.
4533  Alternate cryptocurrencies / Altcoin Discussion / Re: XRP Price Dives After SEC Files Charges on: December 26, 2020, 04:49:24 AM
@JollyGood. Ripple's investors similar to Andreessen Horowitz and CME Ventures might also have the political connections to help them avoid an unfavorable verdict or there might only be a settlement on the case without a trial.

Also, I reckon we should hope that Ripple settles or avoids the charge because the case might become a legal precedent to use against everything else in the cryptospace.
4534  Bitcoin / Press / Re: 2020-12-22 Forbes - Bitcoin, Cryptocurrency, And Blockchain Predictions For 2021 on: December 26, 2020, 04:11:24 AM
Quote
It’s that time of year again, so let’s take a look at some cryptocurrency and blockchain predictions for 2021.

This past year has been a tumultuous one to put it mildly, but against that backdrop the blockchain and cryptocurrency sectors continued to advance, develop, and grow. Whether it took the form of increased regulatory attention and clarification, wider adoption of bitcoin and other cryptocurrencies as a medium of exchange, or the broader utilization of blockchain across different organizations, the trend is clear.

https://www.forbes.com/sites/seansteinsmith/2020/12/22/bitcoin-cryptocurrency-and-blockchain-predictions-for-2021/

Forbes goes crystal balling before the new year approaches.
Quote
Blockchain will expand beyond financial services
is always present year after year and we have yet to see other compelling use cases which are not cryptos.

They are beginning publishing the blockchain storyboards again to prepare for the next altcoins pumps similar to 2017 hehehe. However, I am quite certain another 2018 will arrive again. Those same media outlets that hyped everything will also be the same outlets to create fear on everything.
4535  Bitcoin / Press / Re: 2020-12-22 Forbes - Massive Hack Exposes Bitcoin’s Greatest Weakness on: December 26, 2020, 03:16:51 AM
You seem to have misunderstood the article a bit, because if you read it in its entirety you may notice that the author is referring to the famous saying "[People] are definitely one of the weak links," and this is quite evident in this case. Although some ignore the magnitude of this data leak, only the future will show what the consequences will be for some people whose data have become publicly available.

While of course no one can say that Bitcoin is compromised in this way, indirectly people are losing confidence in companies that provide various crypto services - and Ledger was one of the very important players in that market.

This is clearly a mainstream media outlet's attempt to maniplulate the minds of the people who are not into to the cryptospace. Similar to @acquafredda, this is clickbait.
4536  Economy / Speculation / Re: The Big Short movie, BTC edition? on: December 26, 2020, 02:15:17 AM
How will the judge determine this case if they will never show documents and audits to remove th doubts behind the backing USDT? Do you assume the investigations will stop?

No, the New York prosecutor seems pretty adamant about nailing Tether. I just don't think they have much actual power to do anything, enforcement wise. I wonder if what's really happening is that New York is being used as a pawn by federal prosecutors in an effort to get Tether and Bitfinex to voluntarily incriminate themselves, in a larger federal case. I really don't know though. I don't know how this is all going to turn out.

You are using the word FUD according to your own definition everytime someone asks questions?

No, I provided sources and explained in detail how beating a dead horse about Tether's imminent collapse is FUD. I also explained how it fits your definition of FUD.

In any case, another speculation for you. This statement from the SEC is very broad and might also cover Tether and many other tokens in the cryptospace.


All that means is XRP isn't legal tender. The same applies to BTC too. Doesn't make BTC a security, or USDT.

The SEC doesn't seem that interested in stablecoins. They did make these comments earlier this year, and said in vague terms that stablecoins may or may not be securities, depending on the facts. An SEC advisor recently speculated that stablecoins with fiat-backed reserves probably don't violate securities laws. Supposedly the ones that may are those where a central authority controls price variations. DAI actually comes to mind because it uses a system where a relatively centralized authority increases or decreased CDP interest rates to drive the market towards $1. Ripple comes to mind too the way Ripple Labs has withheld supply and used things like supply lock-ups to manipulate price.

Similar to Enron and Theranos, the American government will enforce their authority. The government might not takedown Tether worldwide, however, within American borders it will be enforceable. That would be the best outcome for the cryptospace, I reckon.

It is not my definition of FUD. It is the real definition. I also did not mention imminent collapse. I was only speculating that it might be the cause of a big short BTC edition.

The wording is broad from the SEC. This should be concerning because it can be used to charge many cryptocoins if the judge determines unfavorably for XRP.
4537  Bitcoin / Bitcoin Discussion / Re: Elon Musk on Bitcoin: "Bitcoin is almost as bs as fiat money" on: December 25, 2020, 02:19:48 AM
#1  Michael Saylor proposed Elon Musk denominate tesla stock in bitcoin.

#2  Elon Musk felt offended by those remarks.

#3  "Bitcoin is almost as bs as fiat money" is offended and emotional Elon Musk speaking.

#4  Elon Musk could return to his original stance on crypto later if he no longer feels offended.

#5 Bitcoin news media changes the story by creating a clickbait title to make it appear that it was Elon who was interested and inquired about bitcoin. The larpers celebrate by repeating the clickbait without investigating the source hehe. This has become normal behavior in the cryptospace.
4538  Alternate cryptocurrencies / Altcoin Discussion / Re: XRP Price Dives After SEC Files Charges on: December 25, 2020, 01:24:10 AM
@cryptoaddictchie. Too many? Can you list them? I have not presently seen exchanges delist XRP, however, I speculate American exchanges might be talking to their lawyers for advice hehe. I predict Coinbase and Kraken to delist XRP before 2021.

Hello yes it is below are some of those.

1. Beaxy
2. OSL
3. Cross Tower

I believe major global exchange will soon announced too but it will take time. Some of the related news about these delist or suspension. Check them out.

https://medium.com/beaxy-exchange/beaxy-exchange-xrp-announcement-53fb9af60d25

https://twitter.com/osldotcom/status/1341660658123751425

Delisted from 3 unknown and might be unbanked exchanges is nothing, I reckon. We should wait for Coinbase and Kraken's delistings because the people behind them have interests on Ripple.

To let everyone know, the VCs and other investors of Coinbase and Kraken's Jesse Powell have also funded Ripple Labs.
4539  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XRP] Ripple Speculation on: December 24, 2020, 02:28:12 AM
@jqprez. However, the SEC can order exchanges in America to delist XRP if it wins their case. It might also give them legal precedence to delist other centralized issued tokens.

What would be the next cryptocoin to be supported by the XRParmy?
4540  Economy / Speculation / Re: The Big Short movie, BTC edition? on: December 24, 2020, 01:51:21 AM
@exstasie. The questions will never be gone until Tether, iFinex shows the documents and the audits.

Not going to happen. Their general counsel came out and said as much a few years ago:

Quote
“The bottom line is that an audit cannot be obtained,” Hoegner told CoinDesk, claiming that this problem is not unique to his company but one faced by the entire cryptocurrency industry.

He went on:

“The barriers to getting audited are simply too big to overcome right now, and not just for us.”

Those barriers include a steep learning curve for auditors in an emerging industry; accounting standards that predated the advent of cryptocurrency, creating uncertainty about how the rules apply; and the resulting need for auditors to exercise judgment, which is “anathema to a lot of large accounting firms. As a CPA, I understand that,” Hoegner said.

https://www.coindesk.com/tether-review-claims-crypto-asset-fully-backed-theres-catch

Also, this is the definition of FUD.

FUD is generally a strategy to influence perception by disseminating negative and dubious or false information and a manifestation of the appeal to fear.

Source https://en.m.wikipedia.org/wiki/Fear,_uncertainty,_and_doubt

Yeah, that's the original definition. I explained how the term FUD is conventionally used today in the trading and cryptocurrency worlds, and provided a relevant source. Remember, you're on the Bitcointalk Speculation forum, and the year is 2020. Wink

Also, it wouldn't be unreasonable to say this type of speculation about Tether fits that original definition anyway. We're talking about disseminating negative information (whether it's dubious is debatable) and fearmongering.

How will the judge determine this case if they will never show documents and audits to remove th doubts behind the backing USDT? Do you assume the investigations will stop?

You are using the word FUD according to your own definition everytime someone asks questions? Are we not allowed to have the right to express our own doubts, ask questions and speculate without being called FUD? You agreed that Tether is shady.

In any case, another speculation for you. This statement from the SEC is very broad and might also cover Tether and many other tokens in the cryptospace.



Source https://www.sec.gov/litigation/complaints/2020/comp-pr2020-338.pdf
Pages: « 1 ... 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 [227] 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 ... 603 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!