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4721  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
4722  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.

4723  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
4724  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
4725  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
4726  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.
4727  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.
4728  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.
4729  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.  
4730  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.
4731  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.
4732  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.
4733  Economy / Service Discussion / Re: Viabtc Cloud Mining, read before you buy. on: November 27, 2020, 03:01:24 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.

What are your personal experiences on mining contracts and what were the profitable contracts?
4734  Bitcoin / Press / Re: [2020-11-25] Head of SEC named the reason for the rise in the price of Bitcoin on: November 27, 2020, 02:47:04 AM
@stompix. I am not ruining it for everyone, I am only giving everyone another frame of reference. Everyone appears to have been misled by bitcoin news media that Michael Saylor, our new hero, has brought back the bull market.

Also, everyone should know that Michael Saylor owns a company on data analytics. I speculate blockchain analytics on bitcoin will be his next project. He will not be bitcoin's hero.
4735  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: November 27, 2020, 01:38:13 AM
There was a change in the game's schedule for Thursday?

In any case, yes Redskins go hehehe! When was the last time they reached the playoffs?

@morvillz7z. Where do you get your game statistics, news and other analysis? I want to learn how to not give more coins to the sportsbook hehehehe.

Also, what are the statistics that I should be studying first?
4736  Economy / Gambling discussion / Re: 🥊[Boxing] Mike Tyson vs Roy Jones Junior [PPV on Nov. 28] on: November 26, 2020, 06:37:35 AM
Did anyone in this thread bet on this fight? What sportsbooks have this and how can they determine the winner? Only by knockout?
I think Betnomi have and there's only two options "Money line" and "Bout betting" if there's now winner announce then how they will determine the winner on the moneyline?

I might be wrong. It might be the fight will have a winner, however only in the record of the California State Athletic Commission, this will not be officially a professional fight and will not have an official winner. This will be listed only as an exhibition fight but there will be a winner.

This was also another exhibition fight.

4737  Bitcoin / Press / Re: [2020-11-25] Head of SEC named the reason for the rise in the price of Bitcoin on: November 26, 2020, 05:50:46 AM
Just goes to show little attention he's paying. Hardly anyone's interested in it as a payment mechanism. Most people see it as a dollar extracting mechanism.

The US is uniquely shit when it comes to banking, I get the impression sending money for a goat in Somalia works better, but much of the rest of the world has conventional payment mechanisms that are instant and free.

He might be holding bitcoin already and ready to preach the maximalist words hehehe.

In any case, agreed! He also ignored or he might be unfamiliar to the speculation that Tether, iFinex is loaning out USDT that might be the real reason for the pump.
4738  Economy / Speculation / Re: Bitcoin bullrun and correction period on: November 26, 2020, 05:16:43 AM
If Tether can't make good on their fiat withdrawal obligations, USDT will unpeg from the dollar. Until that happens, it's useless to speculate like this.

As far as we know Tether never printed any unbacked USDT. Crypto Capital got taken down by police while they were holding Bitfinex's money, then Tether loaned money to Bitfinex to plug the resulting hole. They couldn't just burn USDT to account for the losses because most of the supply wasn't held by Tether, it was held by USDT holders. That doesn't suggest they are printing USDT without backing now.

If you're willing to research the subject, there is a massive market in China, and to a lesser extent Russia, for USDT to avoid capital controls and for cross border remittance. This has created extremely robust liquidity in the OTC Bitcoin and USDT markets in China, which tends to be self-reinforcing. That's why Huobi has the 2nd biggest BTC holdings of any exchange in the world, even though we barely pay attention to them in the west. The Chinese market is massive.

However, look at the graph, who is redeeming? There is only printing and issuing. Do you really think all the $18 billion in tether is backed by dollars?

I don't think they're printing anything out of thin air, no. I've honestly never seen anything to suggest that. None of the FUD or statistical analysis has been convincing. I'm also a very big believer in markets. As long as the dollar peg remains, it's useless to speculate about inability to pay their obligations.

I also expect that Coinbase's fiat holdings are exponentially larger than they were a couple years ago, same as Tether. Do I think that means Coinbase is "printing" USD or USDC? No. Wink

Whether it's smart to have large exposure to Tether's counterparty risk is another matter entirely. I would be cautious with that. I do think regulators are watching them closely and are possibly waiting to pounce on their bank accounts.

If you also are willing to research the subject, where are the audits?

Tether made it clear a couple years ago that none of the professional auditing firms will go anywhere near them.

This might only be nothing, however where are the audits? Also, why are they not submitting the documents requested by the New York supreme court?

Your comparison of Tether and Coinbase does not prove that iFinex, Tether, Bitfinex do not print USDT that are presently only backed by loans.

Did Paolo Ardoino said that?
4739  Economy / Service Discussion / Re: Viabtc Cloud Mining, read before you buy. on: November 26, 2020, 04:08:43 AM
Also, if the miners behind Viabtc were profitable, they certainly would not sell contracts. If this was not a scam, they want the contract holders to be the holders of risk hehehe.
4740  Economy / Gambling discussion / Re: 🥊[Boxing] Mike Tyson vs Roy Jones Junior [PPV on Nov. 28] on: November 25, 2020, 06:59:29 AM
Did anyone in this thread bet on this fight? What sportsbooks have this and how can they determine the winner? Only by knockout?



In the leadup to the bout there has been some confusion about the rules and regulations approved by the California State Athletic Commission so executive director Andy Foster spoke to MMA Fighting to confirm details surrounding the Tyson vs. Jones Jr. bout.

“Let’s call it an exhibition. That’s what it is,” Foster said. “I want the public to know what this is because I don’t want people to be disappointed.

“There’s no official judges,” Foster clarified. “The WBC is going to have some guest celebrity judges remotely, not official, not 10-9 [scores], nothing like that. No cumulative score. No winner announced.

“That’s a very entertainment centered thing. It’s about entertainment. It’s not about competition.”


Source https://www.mmafighting.com/2020/11/24/21612356/mike-tyson-vs-roy-jones-jr-rules-and-regulations-confirmed-for-exhibition-bout
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