This is good news, thank you. This is what the Lightning network and the whole community certainly needs. I reckon gambling sites and other services should begin offering this also. I have been hesitant in making a transaction to a sportsbook when I see a $5.00 fee to include my transaction on the next block. I also do not want to risk to have my transaction unconfirmed in the moment the games begin hehe.

Also, Ethereum Defi projects have billions locked, I do not know why. The high demand for bitcoin transactions should put Lightning up there in top 10 with the help of the exchanges.

https://defipulse.com/

You might need to review your post within the next 6 years hehehe. Also, I reckon that you have made that post without doing your research and approach the issue with a skeptical mind. Similar to what we should be doing on any project in the cryptospace.

@exstasie. However, we should be skeptics and ask why do the big auditing firms do not want to audit Tether? Afraid themselves of what they might find in those accounts hehehe?

What Michael Saylor might be thinking presently after reading this hehehe. I speculate crazy Craig will sue Michael Saylor of something about a bitcoin copyright and Michael Saylor will countersue crazy Craig for something about fraud bringing us another round of a comedy show on 2021.

I reckon for Janet Yellen and all the Democrats, it does not matter if the information about bitcoin and terrorist funding is true or not true. They only want a campaign against terrorism where they can put billions of tax payer’s money in and take much of it for themselves. Bitcoin will only be a casuality in the Democrats’ war of terrorism.

Also, those bitcoiners in social media who larped for Biden will be those similar people who will complain about Biden.

@squatter. What do you speculate on the outcome of this? Will there be a dump of 150,000 coins? I have seen arguments that there might not be a dump and the agreement has not yet really been signed and agreed. Is this clickbait and FUD?

@adaseb. There is certainly nothing that can be proven for or against about Tether unless there was a transparent audit of their accounts. Why will they not do this if they have nothing questionable?

In any case, read this article. To not make some people angry, assume this is FUD but fact based FUD, however.

https://crypto-anonymous-2021.medium.com/the-bit-short-inside-cryptos-doomsday-machine-f8dcf78a64d3

@Darker45. There might also be the 3rd type of Bitcoiner. The one who is tired of the larping and the hypocrisy of the cryptospace. Many times have larpers of bitcoin act similar to altcoin pumpers hehe. Michael Saylor is one of them.

Agreed, and it appears that Janet Yellen, the future treasury secretary of the United States will push for stupid regulations to curtail the use of cryptocoins. There are news articles already implying she will support taxation of unrealized gains. Who would want to hold bitcoin and other cryptocoins with a law like that?

@Sithara007. There are some news articles that are implying that the creditors can claim up to 750,000 coins. I reckon for the purpose of shock and clickbait hehehe. However, we cannot be certain.

Also, I read somewhere before that there were 150,000 coins that remain.

What is this? Michael Saylor larping and wants Elon Musk’s thoughts to larp with him hehehe? He appears to be looking desperate here with bitcoin beginning to weaken in the market.

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

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.

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/

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

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.

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.

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.

@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.

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.