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4621  Bitcoin / Bitcoin Discussion / Re: This source reports that Chinese govt has sold bitcoins from Plustoken scam on: December 03, 2020, 01:21:11 AM
were already dumped on the market

I think we would likely have noticed that.

What would've happened is Binance and friends having OTC buyers immediately ready to buy a million miles away from the market.

They don't hang around. I hope the morons who fell for it get some money back and learn something.

It was very noticed, however. The coins were going to Huobi and Okex. Here are different sources.

https://blog.chainalysis.com/reports/plustoken-scam-bitcoin-price
https://thenextweb.com/hardfork/2019/12/17/bitcoin-cryptocurrency-price-dump-ponzi-scheme-plustoken/

https://research.oxt.me/special-situation-report/1/preview
https://research.oxt.me/special-situation-report/2/preview

Also, where would OTC buyers exchange the coins they directly bought for fiat? I reckon some of it might be dumped on the market.
4622  Economy / Gambling discussion / Re: The UFC Info and Prediction Thread on: December 02, 2020, 06:59:28 AM
Khabib's real meeting with Dana is to create a partnership with the UFC for the promotion of his new fighting league. It appears that he will never fight again in the octagon.



UFC lightweight champion Khabib Nurmagomedov has made his first major move to continue his association with MMA after his retirement by buying Russian MMA promotion Gorilla Fighting Championship, according to reports.
The promotion, better known as GFC, operates out of Khabib's native Dagestan, and last staged an event, GFC 29, on October 16, with two more shows set to take place on Dec. 4 and 19 to round out its 2020 schedule.

But now, according to Russian journalist Azamat Bostanov, Khabib has purchased the GFC promotion, which will be renamed Eagle Fighting Championship (EFC). The purchase price? $1 million.

The news may shed some light on the "something interesting" Khabib plans to discuss with UFC president Dana White, with a partnership with the UFC to have the newly-branded EFC shows streamed worldwide on UFC Fight Pass a distinct possibility.


Source https://www.rt.com/sport/508103-khabib-purchases-gfc-mma-promotion-dagestan/
4623  Economy / Speculation / Re: Speculating with Tom Lee on: December 02, 2020, 06:33:27 AM
News update!

Tom Lee is back with his new bitcoin predictions for our enjoyment hehehe. Everyone will like what predicts! However, might this also imply that we might witness something similar to his famous prediction of 2019?

There is an interview in the source.



Bitcoin to more than triple next year?
@fundstrat's Tom Lee makes the case


Source https://twitter.com/CNBCFastMoney/status/1333898396118245377
4624  Economy / Exchanges / Re: Exchanges allowing maximum daily transaction without KYC on: December 02, 2020, 05:32:28 AM
@sunsilk. I would be careful on Bisq. We do not know where their bitcoins came from and also where their cash came from. Exchanges or the bank can freeze your account for suspicions that your coins came from the darknet or the cash is from a suspicious source.
4625  Bitcoin / Bitcoin Discussion / Re: This source reports that Chinese govt has sold bitcoins from Plustoken scam on: December 02, 2020, 04:56:06 AM
@aesma. The confiscated coins went to Chinese exchanges Huobi and Okex. I reckon that it is illegal for the Chinese government to trade on an exchange in their own behalf. This is why the American government auction confiscated coins.

However, if you ask the skeptical me, it might be for plausible deniability and because they have something to hide heheehe. It appears Chaindigg can be hired for moneylaundering purposes.
4626  Bitcoin / Bitcoin Discussion / Re: Is bitcoin anonymous? on: December 01, 2020, 07:35:46 AM
Like you said bitcoin is pseudo anonymous.  I personally fear the lightning network making bitcoin anonymous.  I've still yet to get a concrete answer whether the Lightning Network actually makes bitcoin truly anonymous or not, but if it does, I worry.  Man countries don't allow their women to drive, vote, or hold many career positions that men do..why on earth are they going to allow an anonymous currency to operate in their country? Of course OTC will always live, but shutting down exchanges could be detrimental to bitcoins future.

I speculate many of the people think similarly because they are scared that bitcoin might not pump and might not make them rich. This is certainly similar to why big oil companies do not want the eletric card technology to develop in the automotive industry. This is backwards thinking and bad for the development of the cryptospace.

In any case, this article might help everyone on understanding bitcoin's anonymity and privacy.

https://sethsimmons.me/posts/comparing-private-spends/
4627  Economy / Exchanges / Re: Exchanges allowing maximum daily transaction without KYC on: December 01, 2020, 05:59:42 AM
Everyone should avoid Kucoin for the time being. According to this source, he had an account approved by using fake identification and photoshopped images. I speculate Kucoin might become stricter in their KYC policies on verified and unverified users.



Borat: Make Registrations on KuCoin sexchange for make Benefit Glorious Nation of Moonlambostan

CHENQUI. in travels to US&A, i hear at thanksgiving from normie that bit coin make his chrum pump money. Kazakhstan Ministry of Information send me on mission to capture Bitcoin gypsy

in quest to make sexy time with Bitcoin gypsy, i learns from influencer with paid group that to capture Bitcoin, i must make a registrations on exchange. wise influencer send me referral link to exchange name KuCoin, worlds most secure cryptocurrency exchange, great success

KuCoin KYC wizards make pass of Borat. high five! now i can trade from computer right here in us&a, all i need do is register google magicians to greatsuccess4handrelief@gmail.com and take selfie, wawaweewaa! this exchange actually runs kyc documents PAUSE NOOOOTTTTTT


Source https://twitter.com/raindropactual/status/1332529415658475523?s=12
4628  Bitcoin / Bitcoin Discussion / Re: Bitcoin is 88% premine to kids born today 100% to kids born in 2142 on: December 01, 2020, 04:51:23 AM
I have been arguing about this, however, it only falls on deaf ears. Many of us are certainly in denial or do not understand, I reckon.

This might be the moment for everyone to begin to read on cryptocoins and monetary policies. This one by Grin has certainly opened my mind that there might be other solutions.

https://github.com/mimblewimble/docs/wiki/Monetary-Policy

Grin doesn't solve that at all.

The problem isn't the monetary policy or the financial system.

The problem is the people.

Every new generation wants a fresh start and free money and want to ignore anything that happened before them.

In this case, by the year 2050, there would be shitton of Grin floating around.

They would rather create another and be the early investors instead of joining the GRIN ecosystem.  Grin

It is a different story if you are implying that there will be so many GRIN's and it will be near worthless just like FIAT so everybody will be using it without second thoughts. (doge does it already btw) Even then what really counts is how much share you own from the total money supply and having enormous inflation would still bring the same end result as FIAT did > you'll be poor and will have greater chances of becoming rich with starting your own new thing.

I disagree. The argument is about a group of early adopters taking advantage of bitcoin's monetary supply by hoarding much of the coins to get rich quick and have the power to influence the bitcoin economy. Grin's monetary policy might not be the best fix, however, it should be tested.

Good luck fixing people.
4629  Bitcoin / Bitcoin Discussion / Re: This source reports that Chinese govt has sold bitcoins from Plustoken scam on: December 01, 2020, 04:06:40 AM
I found this report from a blockchain researcher called Ergo. It appears this might be Chaindigg's operation when the coins were sent to different wallets, they used different mixing methods and also sent to exchanges for selling.

https://research.oxt.me/special-situation-report/1/preview

https://research.oxt.me/special-situation-report/2/preview

https://research.oxt.me/publications
4630  Economy / Gambling discussion / Re: 🥊[Boxing] Mike Tyson vs Roy Jones Junior [PPV on Nov. 28] on: November 30, 2020, 04:16:32 AM
We were all suckered by this fight, hehehe, draw when majority saw that Tyson really won the fight.
Even Dana White called it for Tyson, both of them are close so we don't know, maybe we can see a cross-over, Tyson fighting in UFC?

Agreed! It also appears that the promoters knew that this fight was going to end on a draw from the beginning. The promoters had 2 belts created hehehe. This is similar to participation certificates in contests for little children hehehehehe.

4631  Bitcoin / Bitcoin Discussion / This source reports that Chinese govt has sold bitcoins from Plustoken scam on: November 30, 2020, 03:43:04 AM
It appears that the news about the Chinese government holding 1% of bitcoin's supply might be incorrect. It is said that those coins confiscated from Plustoken by Chinese police were already dumped on the market with the assistance of Chaindigg.

Chaindigg is China's version of Chainalysis.



Wu found that, Chaindigg, an company that assisted the Chinese police in selling PlusToken worth billions of dollars crypto in 2019, was called China's Chainanalysis.

Source https://twitter.com/wublockchain/status/1332498136191938561?s=12
4632  Bitcoin / Bitcoin Discussion / Re: Bitcoin is 88% premine to kids born today 100% to kids born in 2142 on: November 30, 2020, 02:28:20 AM
I have been arguing about this, however, it only falls on deaf ears. Many of us are certainly in denial or do not understand, I reckon.

This might be the moment for everyone to begin to read on cryptocoins and monetary policies. This one by Grin has certainly opened my mind that there might be other solutions.

https://github.com/mimblewimble/docs/wiki/Monetary-Policy
4633  Bitcoin / Bitcoin Discussion / Mainstream news media's new portrayal on bitcoin hehehe on: November 30, 2020, 01:13:47 AM
In the beginning they said that bitcoin is only for criminals. On 2017 they said that bitcoin is a bubble. On 2020 they are saying that bitcoin is racist and sexist.



Much of Coinbase’s culture stems from the one around Bitcoin, current and former employees said. Bitcoin, which embodies a libertarian philosophy that snubs its nose at the pieties of mainstream institutions, has attracted a generation of fans known as “crypto bros.” Many have propagated a brash male-dominated way of life, facing criticism for sowing racism and sexism.

Source https://www.nytimes.com/2020/11/27/technology/coinbase-cryptocurrency-black-employees.html
4634  Bitcoin / Press / Re: [2020-11-25]Is This The Real Reason Bitcoin Has Suddenly Soared Toward Its All-T on: November 29, 2020, 05:40:58 AM
We can look at it from several angles because it is definitely not a one-way street. If we look from the angle of those big investors who have invested significant funds in Bitcoin then it is in their interest for the price to be stable or to go up - but on the other hand if they want to invest even more than a lower price would certainly suit them. They can affect the price to some extent if they don’t sell what they bought on every change like this recent downturn - but I don’t believe they can work together in terms of some internal arrangements.

Small investors who have no discipline, and those who always seek profit by sticking to the old rule of “buy low, sell high” generally behave like a herd that always goes in one direction, of course depending on the situation. The recent dump is just an indicator of how panic works and how weak hands perceive the current situation compared to what happened in late 2017 and early 2018. If someone thinks the price is going towards $3000 and that we are entering crypto winter again, he is in the wrong year.

My thoughts exactly! That's what I liked in this Forbes article the most:

"This rally is much more sustainable than 2017. One of the main differences is the ease of investing in bitcoin now—via PayPal, Cash App, Robinhood, etc," Pantera Capital's report read.

I also like the fact that it's Forbes, and not some crypto-oriented media, always biased towards the good news regarding cryptocurrencies.

Mainstream news media will always publish what they will give them more clicks. If this was during the bear market, they will create another bitcoin is a bubble storyboard again.
4635  Economy / Gambling discussion / Re: 🥊[Boxing] Mike Tyson vs Roy Jones Junior [PPV on Nov. 28] on: November 29, 2020, 04:27:05 AM
Was that Nate Robinson the NBA basketball player sleeping in the ring? That is a very embrassing loss versus a youtuber hehehe.

In any case, I predict a Roy Jones victory from body shots.
4636  Bitcoin / Press / Re: [2020-11-25]Is This The Real Reason Bitcoin Has Suddenly Soared Toward Its All-T on: November 28, 2020, 07:20:32 AM
50% of volume for bitcoin is in USDT. All the articles and stories about this bull market appear to ignore that iFinex, Tether, Bitfinex's issuance of USDT which might be issued to exchanges as loans is the real reason for this pump.
4637  Economy / Service Discussion / Re: Viabtc Cloud Mining, read before you buy. on: November 28, 2020, 05:57:25 AM
@mikeywith. Were there mining contracts that made some small holders some profit? I am sorry for my bias against the service, however, I have only seen many complaints from users and the contract issuers stop the service.

There is a huge difference between a straight-out scam service and legit services that you are unlikely to profit from in most cases, 99% of these cloud mining services are actually scammers, so I am not surprised that you are biased, in fact, I am perhaps more biased than you are.

With that being said, there are indeed a few legitimate cloud mining contracts, for an example bitdeer aka Bitmain "partners" are legit, even this very service we are discussing is actually legit, but whether you make money from it or not is a whole different story.

Quote
What are your personal experiences on mining contracts and what were the profitable contracts?

I own mining gears, I never actually bought a cloud mining contract, although theoretically cloud mining can work well for both buyers and sellers if the terms and prices are right, but just like gambling the casino has the odds on its side and you are more likely to lose than to win at any given time, the way these legit cloud services play the game is by making you bet against the things that have the highest probability of happening like difficulty going up while gear prices go down.

Well I do not think all of them are scams, however, that most of them became scams because the contract issuers cannot pay out the terms. The risk is always on the contract buyer. That is where my bias comes from.  
4638  Economy / Gambling discussion / Re: The UFC Info and Prediction Thread on: November 28, 2020, 04:11:14 AM


Did nobody mention the Dustin Poirier vs Conor McGregor fight was finally confirmed for UFC 257 in January? Can't say I'm that fussed for the match up itself but it will be nice to see Conor fight again. I feel like he's still to reach his potential and hope he doesn't sulk off again.

People are getting excited about Khabib's insta post a couple of days ago saying see you soon to Dana White, but they could just be meeting up for a kebab for all we know  Cheesy.



Conor eventually fighting Khabib again would surely break records especially as it will be his 30th fight and potentially 30th win. I hope Khabib doesn't retire either way and hopefully he was just emotional after the fight which is understandable.

It appears my speculation on Khabib's return might be real hehehe. His decision on his retirement was from his emotions. He will return after the grieving stage of father's passing. He is a fighter, his mind will be restless in retirement.

@SaShiRaJaVu. It might only be Conor. Fans will not watch El Cucuy anymore after his bad loss to Justin Gaethje.

@tokeweed. My fight of the night is Martin Day versus Anderson dos Santos. The loser of this fight will be out of the UFC. They might fight intensely to have an offer for a new contract hehehehe.
4639  Economy / Gambling discussion / Re: 🥊[Boxing] Mike Tyson vs Roy Jones Junior [PPV on Nov. 28] on: November 28, 2020, 03:56:03 AM
2 days left!

Pay-per-view to watch Mike Tyson vs Roy Jones Junior live will be $49.99, and there are some strange rules surrounding this fight, and there will be no official judges for this fight.
Latest interview Mike Tyson did with Ariel Helwani for ESPN:
https://youtu.be/LuzGx3VLa4E


Will just wait for the free streaming of this match.  Tongue But excited to see how they will perform inside the ring. I've read an article why this fight could be the most boring fight ever. As this is just an exhibition fight only, we will not see the regular boxing rules applied on this event.

https://www.essentiallysports.com/boxing-news-mike-tyson-vs-roy-jones-jr-could-be-the-most-boring-fight-ever-heres-why/

1. no knockouts
2. 2-minute rounds not the regular 3-min rounds
3. wear 12-ounce gloves

How will the California State Athletic Commission enforce no knockouts? The referee certainly cannot predict the fighters moves.

Another rule to add. No biting hehehehe.

I think there has been a lot of changes in this match up,  IIRC, it was announce before that there will be no winner if there's no KO, so it means one should KO the other in order for him to win.  Roll Eyes Roll Eyes

Where and when was it announced?

In any case, if there is a no knockout rule, I reckon that Mike Tyson might find the knockout hehe. Sluggers who look intently for the knockout makes it harder to get the knockout. The slugger who does not look for the knockout will find it so easily hehehehe.
4640  Economy / Gambling discussion / Re: 🥊[Boxing] Mike Tyson vs Roy Jones Junior [PPV on Nov. 28] on: November 27, 2020, 03:31:02 AM
2 days left!

Pay-per-view to watch Mike Tyson vs Roy Jones Junior live will be $49.99, and there are some strange rules surrounding this fight, and there will be no official judges for this fight.
Latest interview Mike Tyson did with Ariel Helwani for ESPN:
https://youtu.be/LuzGx3VLa4E


Will just wait for the free streaming of this match.  Tongue But excited to see how they will perform inside the ring. I've read an article why this fight could be the most boring fight ever. As this is just an exhibition fight only, we will not see the regular boxing rules applied on this event.

https://www.essentiallysports.com/boxing-news-mike-tyson-vs-roy-jones-jr-could-be-the-most-boring-fight-ever-heres-why/

1. no knockouts
2. 2-minute rounds not the regular 3-min rounds
3. wear 12-ounce gloves

How will the California State Athletic Commission enforce no knockouts? The referee certainly cannot predict the fighters moves.

Another rule to add. No biting hehehehe.
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