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@bigslimvdub, @estenity. I reckon just preserve buying power at present, our pumping whale is gone hehe. He might return and surprise everyone when everything has calmed down similar to the last time he pumped Aeon.
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@Shallow. This might be either be the developers of Defi are incompetent fools or they are themselves the hackers of their own Defi projects. After what we have witnessed here in the cryptospace, it would not be shocking if hacking own project is the new for of exit scam.
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Related to Elon Musk's mention of bitcoin, the mainstream news media likes to twist the truth and create another clickbait. Elon Musk did not inquire about moving large transactions to bitcoin. It was Michael Saylor who was going to Elon Musk's tweets to larp about bitcoin. Elon Musk inquired about converting “large transactions” of Tesla Inc.’s balance sheet into Bitcoin in a Twitter exchange with Michael Saylor, a prominent booster of the digital currency.Source https://www.bloomberg.com/news/articles/2020-12-20/musk-inquires-about-moving-large-transactions-to-bitcoin |
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How can we know if the developers of Defi are not the same group of people? @zasad@. Another one for your list hehe. You should add all the losses from the Defi hacks and post how much the total losses are for 2020. We can compare 2020's total with next year's total. Decentralized finance (DeFi) lending protocol Warp Finance has experienced a flash loan attack that resulted in a loss of $7.7 million worth of stablecoins.
Warp said the attack essentially allowed one user to borrow more funds than their collateral value, resulting in a loss for other users or lenders. Flash loans allow users to borrow funds without collateralization, provided the funds are repaid within a single blockchain transaction.Source https://www.theblockcrypto.com/linked/88415/defi-warp-finance-attacked-lost-7-7-million-stablecoins |
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Remember how J.K. Rowling trolled people on twitter by asking about Bitcoin? I'm pretty sure Musk is doing something similar, he probably finds it hilarious how some crypto-enthusiasts are cheering that he is supposedly bullish on BTC or other coin. And he probably finds it really funny how his tweets pumped DOGE by 20% almost instantly. Bitcoin does need endorsements from any celebrities, and I would never tell any of my friends to buy Bitcoin just because Elon Musk might like it.
However, he is also one if the smartest people in the world. Bitcoin is similar to fiat has also been an unpopular argument in the cryptospace community but an argument not closed. According to the argument, bitcoin is similar to fiat, not similar to gold because it was created by man, it has a version no. and a group of men can decide to fork it to issue more coins or fork it to print more coins for themselves similar to Roger Ver. |
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Someone should remind getmonero.org's administrator to update the website's SSL certificates. This is the bull market, I reckon many people will be going to the site and see this.
Make sure your computers Time/ Date is correct. They are correct. The other image, it is impossible for it to have the wrong date and time because this was from my Android phone. The administrator clearly fixed the problem after 15 minutes. He saw my post hehehehe. |
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@exstasie. Did you read the article? I would argue that it is not FUD because it is not based on lying. You don't seem to understand what FUD (fear, uncertainty, and doubt) is. I'm not arguing the facts, like whether Tether commingled funds or doesn't have 100% backing, etc. Facts are not FUD. For you to take the very limited facts we have (basically, the ones laid out in that article) and speculate that Tether is about to collapse, that is FUD. You're just speculating without strong basis and spreading fear. That's the kind of empty speculation I don't like to participate in. It's perfectly reasonable to say Tether is risky and shady, and that one shouldn't hold USDT. I would leave it at that instead of beating a dead horse with this "Tether is going to collapse tomorrow" shit. Beginning on 2005, Dr. Michael Burry saw the shadiness of the banks in the housing market. No one saw and everyone refused to see what he has seen when he began his big short move. If he went to forums and told everyone about this, would it be FUD based only on speculation also? |
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I am not certain on the 3 faces, however, the others are the bloody faces of Donald Cerrone, Rafael dos Anjos, Kevin Lee and Anthony Pettis hehehe.
In any case, agreed on your statement on Geoff Neal. He also has 5 rounds for his fist to connect to Wonderboy's chin hehe.
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@exstasie. Did you read the article? I would argue that it is not FUD because it is not based on lying. It was only a speculation that it might cause a big short similar to the 2007 financial crisis because there are people behind this economy who do very questionable things to pump the market. See the difference? This story behind Tether might become a movie of one of the greatest financial schemes in history.
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Marriota was doing the team well until the turn over. I reckon. It appears the Chargers will win the game with only a field goal.
Update - Chargers kicker missed hehehehe!
The game is going to over time.
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@exstasie. However, where is the FUD? It is Bitfinex, Tether and iFinex's business activites that are questionable. No one is conjuring stories based in lies and nothing. They are based on the acts of people behind Tether itself. This article might provide more knowledge for you. Bitfinex is one of the historically largest Bitcoin exchanges and Tether is by far the largest stablecoin. Each potentially has significant influence over the industry on their own, and their interconnectedness makes this more of a concern. However, since both were founded years ago and many of the events have happened and been in revealed in bits and spurts it can be difficult to understand their place in the cryptocurrency environment. This will hopefully serve as a basic introductory document that will then prompt further research.Source https://bennettftomlin.com/2020/12/08/an-introduction-to-the-tether-bitfinex-controversy/ |
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@Carlton Banks. Paypal's adoption of bitcoin and the cryptospace might entirely not be that bizzare. They want part of the billion trading cryptocoin market through trading fees. This is a new revenue stream by turning millions of their users into cryptocoin gamblers hehehehe.
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@suchmoon. I also like the Raiders hehe. They hired a new defensive coordinator but we cannot be certain how their defense can be fixed in only 4 days. However, they might not allow more than 30 points similar to their last 3 out of 4 games.
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Now, with the bitcoin and cryptocurrency community looking forward to a slew of developments in 2021—including the much-anticipated launch of Facebook's bitcoin-inspired cryptocurrency and potentially industry-defining U.S. cryptocurrency regulations...
FB will eventually launch some kind of stablecoin, and we all know that such coins are completely pegged with the fiat currency that supports them - which opens up unlimited manipulation as seen in the case of Tether. I don't understand why people think that the launch of Libra will be good for us and for decentralized coins. The whole scenario of people learning about Libra/Diem, exploring it, and then finding out about Bitcoin is a bit childish, everyone has already heard of it and if they haven't tried it it's certain it will take more than Facebook and d'oh, what reputation Facebook has at the moment to convince them. Centralized coins are in the best case scenario a competitor, in the worst case a real danger as getting rid of competitors is what business try to do all day, and Facebook as a business will try the same, forcing business to accept their coin and at the same time putting pressure on rising fees for others if not dropping them altogether. It can also be argued that Paypal is doing their adoption of bitcoin similar to the centralized controlled facebookcoin, however, worse.
There is a slight difference, Paypal can improve things, by letting you withdraw real coins to your wallet as they promised they would (eventually), Facebook can't do anything good with it, no matter what they do with it will be the same centralized garbage in which you will never have control over your coins. They promised hehe. I speculate that this might never come because it would be a big compliance problem. Paypal wants bitcoin adoption, however, it does not want to give its company unnecessary legal problems. |
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Has everyone begun buying this in secret or has everyone dumped everything? I do not see the excitement for this pump hehehe. I hope no one has jumped off from a cliff without a parachute hehe.
My original plan before launch was to start accumulating about now but not so sure anymore. It appears that this was the original plan of everyone else also. However, agreed, it will certainly be a very big mistake not to be on this pump on bitcoin. |
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I am afraid that the IRS might not stop on their own citizens and it might begin taxing foreign users of American exchanges. Lawyers and legal experts. Is trading in an American exchange a taxable activity for people who do not reside in that country? I might have traded in an American exchange hehehe. I also reckon we should begin to educate all users about this. The Internal Revenue Service (IRS) is making it harder for taxpayers to conceal cryptocurrency transactions — whether intentionally or not — by adding a new question about it near the top of the new Form 1040.
The form released last week asks: “At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?” The only option is to mark yes or no.
If you answer inaccurately, you could find yourself in hot water with Uncle Sam who is rooting out tax evaders, tax professionals warned.
When you sign the form, it’s under the penalty of perjury,” said Ryan Losi, a certified public accountant and executive vice president of PIASCIK, a tax firm. “The IRS is just gathering the data, changing the forms to expressly say you did or didn’t, and setting the trap, so in the coming years, the hammer can come down.”Read in full https://money.yahoo.com/irs-bitcoin-and-virtual-currency-tax-form-193503386.html |
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Someone should remind getmonero.org's administrator to update the website's SSL certificates. This is the bull market, I reckon many people will be going to the site and see this.   |
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Pardon him. This is my own opinion, however, I reckon the investigation on Ross Ulbricht was unfair, biased and the agents behind this were corrupt. It would not be shocking if a new investigation found planted evidences from the previous investigation. U.S. President Donald Trump is reportedly weighing whether he should give the jailed founder of the defunct dark web marketplace Silk Road, Ross Ulbricht, a pardon.
According to a report by the Daily Beast on Tuesday, the White House counsel’s office is reviewing Ulbricht’s case documents.
The Daily Beast cites three sources familiar with the matter claiming the president has been reviewing cases ahead of his next round of pardons and commutations before the Jan. 20, 2021, inauguration of President-elect Joe Biden.Read in full https://www.coindesk.com/ulbricht-silk-road-trump-pardon |
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@Darker45. I am quite certain all cryptocoin exchanges would remove KYC to reduce expenses and workload and also to increase users and revenue. Their concern is only being compliant with the regulators. I reckon exchanges do not really care if El Chapo, Borat or Taylor Swift laundered money through them.
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Has everyone begun buying this in secret or has everyone dumped everything? I do not see the excitement for this pump hehehe. I hope no one has jumped off from a cliff without a parachute hehe.
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