This is very concerning news. Is there a chance that regulators can force transaction filtering on all of the mining pools to censor unwanted transactions? The skeptical me thinks that this new mining pool is secretly created by the government to encourage other mining pools to do something similar. All users of Blockseer’s pool are required to pass KYC (Know Your Customer) protocols, and blocks posted to the Bitcoin blockchain by Blockseer’s pool will only contain filtered transactions using Blockseer and Walletscore’s labeling data, along with verified sources such as the United States OFAC blacklist for crypto. Blockseer’s data analytics platform has been used by various law enforcement agencies over the past six years, providing Blockseer’s new pool with credible data relating to fraud, theft, money laundering and various other nefarious dealings which will be filtered out of any block that this pool will post to the Bitcoin blockchain.. Blockseer has a US patent pending novel approach to transaction filtering which examines transactions to and from bitcoin wallets which will exclude high risk wallets from being included in Blockseer’s posted blocks.Source https://stockhouse.com/news/press-releases/2020/10/29/dmg-s-subsidiary-blockseer-launches-bitcoin-mining-pool-focused-on-good
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@bryant.coleman. Your coins in Paypal are paypalcoins and nothing else. I would also go far to argue that this is a scam from Paypal that they have adopted crypto. The only thing they brought is cryptocoin gambling for their users.
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Another main event fighter also removed with the reason not announced. The UFC did not have a replacement and cancelled the fight. This is very unfair for his opponent, Megan Anderson. However, Amanda Nunes and his wife had their new baby only this September. I speculate that he might want to enjoy more of his new fatherhood first before returning. BREAKING: Amanda Nunes vs. Megan Anderson Pulled from UFC 256
Per an ESPN report, Amanda Nunes will not be defending her featherweight championship against Megan Anderson at UFC 256 after the champion was forced to withdraw from the bout. There are currently no details available for what prompted Nunes out of the contest.Source https://www.mmanews.com/breaking-amanda-nunes-vs-megan-anderson-pulled-from-ufc-256/
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This is very bad news for the future of Grin as an alternative for bitcoin. To have the protection through higher hashrate, grin's price must be higher. However, who will buy into grin and bring price higher if it is open to the risk of more future 51% attacks? There is also grin's monetary policy that ensures fair distribution first before ensuring higher value.
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This is the risk of cryptocoins that utilizes proof of work. If it cannot accumulate high value then it cannot accumulate a high hashrate. It will be Nicehashable.Bitcoin was very lucky no one knew what it really was in the beginning hehe. I reckon the government would have attacked it repeatedly.
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@Harlot. However, can it really be considered mass adoption for bitcoin even if the users of Paypal are never touching bitcoins?
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Entire story sounds fishy to me. First of all, I don't think that Ross Ulbricht was the sole administrator of Silk Road. In all probability, more people were involved. I would assume that the other administrators have traded their Bitcoins for freedom. I am sure that there is no hacker named Individual X, and this identity was created by the FBI agents.
NSA joined the chat. I agree, individual X is probably linked in a way or another to one of these agencies. The only thing that i am worried of is when dumping all that money There will be an auction for those coins. I am not certain, however, it might be illegal for the government as a whole or any government agencies within it to buy and sell equities, commodities, cryptocoins and other speculative investments.
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Does everyone reckon that Erik Voorhees will tell the public what the real reasons for delisiting Monero? Is this connected to the change of administration in America? Binance appears to also have a sudden reaction of banning all Americans. This could imply that Biden might not be friendly to the cryptospace market and development. Decrypt's article also mentioned that US based exchange Kraken has Monero still listed. That might be the central piece of information to know if this is in some way connected to Biden's presidency. For reasons like these, major US exchanges such as Gemini and Coinbase have not made Monero available for trading, despite the fact that it’s the 14th-largest cryptocurrency by market cap and does healthy trading volumes elsewhere. (Monero is, however, available on US-based exchange Kraken.)https://decrypt.co/47508/shapeshift-quietly-delists-monero-privacy-coin
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Why did Changpeng Zhao suddenly make this ban official after dragging it and waiting long? Do they know something more about the Biden administration? What are your speculations and theories? Your skeptical thoughts are welcome hehehe. Crypto exchange Binance has begun blocking U.S. users from accessing its exchange platform, The Block has learned.
The move comes more than a year after Binance first announced in July 2019 that it would stop serving U.S. residents from September of that year.
Until now, the exchange was still effectively allowing U.S. users to access its platform. As The Block reported recently, a U.S. resident just had to click "I'm not [American]" to set up an account on Binance.com. It remains possible to create an account in this fashion. Source https://www.theblockcrypto.com/post/84020/binance-blocking-us-users-exchange-email-2
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Max Keiser said that Biden's win will push Bitcoin to a new ATH. This is an interesting idea that I don't completely agree with, but it will be interesting to watch how it develops in the following months. Chances of ATH hitting before Christmas are slim, but bitcoin likes to do the unexpected. A few months back most people thought we won't even break 14k this year. You can find the predictions in speculation to see that people were moderately bearish and now everything has changed in a week.
Max Keisler will tell you anything to hype and hope his hype will pump bitcoin. Putting bitoin speculation aside. What 2020 and the election in America has really shown is a country of demoralized people. https://twitter.com/davereaboi/status/1325138477864914944?s=12
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Privacy is a cat and mouse game between the development team and the regulators. The development team is winning, however, the regulators will pressure the weakest links between the people and the coin. One of the weakest links are the centralized exchanges. The regulators will win that game but there are solutions. Decentralized exchanges. Cat and mouse hehehe. Atomic swaps will free the cat from the bag. Shutdown what? Agreed! And also real decentralized exchanges similar to Bisq. Monero will also be the leading cryptocoin for grey markets. Centralized exchanges that do not demand KYC and are moderately isolated from mainstream cryptocoin markets. I reckon many maximalists will look at this as leaving Monero behind. However, Monero is really establishing the way ahead.
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@ralle14. Are the injuries from very important players?
Yes, from what I recall they were missing their starting players mainly the wide receivers as morvillz mentioned and their QB. Thankfully that match went as expected and smoothly for the Packers. I made a big mistake. Yahoo Sports app had Jimmy Garoppolo listed as part of the line up. I was shocked to see it was a different quarterback after making the bet and began watching the game hehehe. In any case, Josh Allen MVP!
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@figmentofmyass. Hehehe poor fellow. He should appreciate his freedom, however.
This should be be very concerning for the whales in the richlist if IRS is central to this investigation. What would happen to a 2011 whale's billions if he was identified? Taxed 30%?
@Harlot. I like the skeptical you hehehehe.
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You mentioned fake volume Chinese exchanges. If they can fake volume, they control liquidity, they also can control the pumps.
Also, Tether is not 100% backed 1 dollar for 1 USDT anymore.
Tether's total 24 hour volume is sometimes bigger than bitcoin's 24 hour volume, however, always consistent in top 2.
Similar to the big short, it was the overconfidence of the banks that broke them. We should be more careful and stay humble.
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I do not know. Maybe the fake volume Chinese exchanges were really behind the pump similar to the argument that the unbacked USDT issuance is presently behind this bull market.
How is Tether different now? Check the cryptospace landscape. It is a Tether world in fiat trading volume and orderbook liquidity. You reckon bull market continues if regulators freeze iFinex, Tether and Bitfinex bank accounts and orders a takedown of USDT?
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Privacy is a cat and mouse game between the development team and the regulators. The development team is winning, however, the regulators will pressure the weakest links between the people and the coin. One of the weakest links are the centralized exchanges. The regulators will win that game but there are solutions. Decentralized exchanges. Cat and mouse hehehe.
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This appears to be a big inflow of new retail investors and gamblers joining the cryptospace. I predict much of them will begin to become unsatisfied and bored. They might also try their luck in altcoins hehehe.
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@exstasie. The argument was based on the speculation that the NYAG was successful in taking down Tether and take out the liquidity from the cryptospace market. Just to be clear, the NYAG is ineffectual. They have no capability to effectively enforce anything. Any successful take down of Tether would involve the US Attorneys office, US Department of Justice, etc. Also, Tether liquidity is not isolated on Bitfinex. The cryptospace depends on Tether. It can also be argued that it supports the whole cryptospace market.
So what? My point was that in mid-2016 when the hack occurred, Bitfinex represented a massive chunk of total exchange liquidity. And yet those losses didn't reverse the new bull market, even though all that liquidity wasn't replaced for the better part of a year. That's what your entire argument about Tether is about, isn't it? That Tether represents a massive chunk of total exchange liquidity? I'm saying it still doesn't matter, not in the face of a powerful bull market like we're seeing now. I had a similar position. Also, the NYAG is overreaching their jurisdiction. I had this opinion from the beginning of the case and discussed this in the press subforum. They are very persistent, however. Tether on 2016 is not similar to Tether on 2020. In volume, in liquidity, in market capitalization, in dependence from exchanges' orderbooks. This dependence is a problem. Tether might not be backed 100% anymore as speculated by many.
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@figmentofmyass. It might also be the difficulty in hiding and laundering that much bitcoins hehe. I speculate the hacker might have thought that it would be safer to give up access, make a deal with the government and enjoy some of those coins.
I speculate all individual whales wallets in bitcoin's richlist might be monitored by the government also. The tax agencies are waiting hehehe.
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