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4881  Bitcoin / Press / Re: [2020-09-10] Community-Funded Bitcoin Awareness Campaign Unveiled in Hong Kong on: September 24, 2020, 02:56:41 AM
I am skeptical about this ad campaign. This appears or might only really be those similar to the larpers we see in the cryptospace.

What has Hong Kong done to stop Beijing from implementing the security law?
4882  Alternate cryptocurrencies / Altcoin Discussion / Re: TRON price analysis!!! on: September 23, 2020, 07:11:20 AM
@kindbtc. You should never trust a person who would say literally anything just to hype and pump his coin. Justin Sun is similar to a stand up comedian, no one takes him seriously.

This is how brainless he is.


On Sept. 19, Tron Founder Justin Sun’s Twitter account published as a (now deleted) tweet saying “#TRON users exceeded 10B! Next goal 100B.” The incredible claim caused confusion and mirth in equal measure across the crypto community for several reasons, chief among which was that the planet’s total estimated population has yet to hit 8 billion people.

Source https://beincrypto.com/tron-offers-rare-apology-after-10-billion-users-gaffe/
4883  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [AEON] Aeon Speculation on: September 23, 2020, 05:39:22 AM
@bigslimvdub. Is that the good type of movement or is that the bad? We would never know if this was the miners sending their coins to an exchange or investors sending their coins from the exchange hehehe.

The price has been stable, however. This is good for accumulation.
4884  Bitcoin / Press / Re: [2020-08-11] MicroStrategy Adopts Bitcoin as Primary Treasury Reserve Asset on: September 23, 2020, 04:07:32 AM
Shortly after the miners' dump, we might have some good news from Microstrategy hehe. I reckon that the insitutions applying for an ETF and hoping for approval should move quickly. There might not be plenty of pumps left for them hehehehe.

MicroStrategy had previously indicated that it saw bitcoin and other alternative investments as a means to avoid inflation, noting that "it makes sense to shift our treasury assets into some investments that can't be inflated away or are less likely to be inflated away."

A new filing from September 14 indicates that the company might be eyeing additional bitcoin purchases.


Source https://www.theblockcrypto.com/linked/77719/microstrategy-bitcoin-reserve-purchases-250m
This is a juicy update that shows how the first press release on the subject was not intended for marketing purposes only. Microstrategy is really betting hard on bitcoin. Well done

However, it appears that despite their strategy of making their purchases without pumping the price, this caused them to have bought the high hehehe.
4885  Bitcoin / Press / Re: [2020-07-30] Power plants in Iran can mine Bitcoin on: September 23, 2020, 03:49:57 AM
I guess Iran is having surplus electricity and petroleum, since they can't sell their crude oil as a result of the UN embargoes and sanctions. Most of the financial transactions using fiat cash are monitored by international agencies and therefore it is not easy to indulge in cross-border trade. At this point, Bitcoin will be one of the few options available for the regime, to circumvent the sanctions. But if they use Bitcoin for this purpose, then we can expect the US authorities attempting to prevent that loophole.

Agreed. Iran should mine Monero, I reckon. The hardware for mining is easier to obtain, the transactions are hidden and the price is very cheap. There is certainly more benefit for them.
4886  Economy / Speculation / Re: According to Kiyosaki it’s time to buy Bitcoins, because Buffet has dumped banks on: September 22, 2020, 04:12:09 AM
That is a poor analysis by Robert Rich Dad, Poor Dad, I reckon hehe. Tom Lee had the correct assumption. He said that the macros were good for bitcoin, however, bullishness would depend on equities.


Macro is favorable for #Bitcoin  but tough if equities selling off

Source https://twitter.com/fundstrat/status/1301724535268536320


Warren Buffet is selling off, why would Mr. Rich Dad, Poor Dad buy bitcoin if it follows the sell off on equities?

Also, this news.


Bitcoin Down as Stocks Fall Over European Coronavirus Fears

Bitcoin is facing selling pressure Monday amid coronavirus-led risk aversion in the stock markets.

Bitcoin is trading in the red near $10,650 at press time, down 2.9% on the day, having faced rejection near $11,000 earlier on Monday.

A decline in European stocks and U.S. stock futures and a rise in the U.S. dollar look to be weighing over the top cryptocurrency by market cap.


Source https://www.coindesk.com/bitcoin-price-stocks-europe-coronavirus
4887  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: September 22, 2020, 02:58:42 AM
@ralle14. I am not very confident. They are not only horrible on their defense in this game, they are also horrible on their offense. They have wasted a Raiders turnover that would have given them their chance.

Edit : Nevermind  Tongue Saints' offense getting so much penalties. There was a bit of hope when the Raiders gave the ball back but still they couldn't get anything going. 

Agreed!
4888  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: September 22, 2020, 01:46:39 AM
I reckon that this interception by the Raiders might begin the defeat of the Saints and their horrible defense.

The Saints are included in one of my parlays. Cry
4889  Bitcoin / Bitcoin Discussion / Re: Judge Orders Bitfinex to Turn Over Tether Loan Documents (Again) on: September 22, 2020, 12:45:35 AM
However, if you knew the conclusion of Bitfinex losing this case, you would want them to win hehe. Their loss might cause the big short of bitcoin.

Many of the exchanges in the cryptospace are using USDT on high volume, I reckon if the rug is pulled, all the liquidity is pulled.

I'm not much of a speculator, so even if it meant some turmoil in the short term, I think it's better the poison is bled out sooner rather than later.

Think of it this way, what would cause a bigger loss of faith in the markets?  Recognising it for what it is and allowing it to collapse now at $14 billion of mirage fakery, or pretending it's not a problem and waiting until it balloons to $140 billion and then blows up in our faces?  The longer we allow the charade go on, the bigger the fallout will be.

However, you do not think that the tether rug pull will not cause the cryptospace's biggest crisis that might take years for recovery? It might not only be a short term turmoil.
4890  Economy / Gambling discussion / Re: 2020 NBA Season on: September 21, 2020, 02:55:46 AM
@Yogee. Casual fan's observation here. I reckon that it was the Heat not giving their 100% for this game in order to give 100% on game 4 and 5.

+6.5 for the Heat next will be a good bet hehehehe.
Easing up in game 3 to prepare for the next game does not makes sense from a player's point of view. Why waste energy?
If you are talking from a gambling perspective, maybe there's some truth to that. I don't think we need to go deeper hehe.
What sportsbook is giving +6.5 odds?

I was only speculating that might be the spread after the result of game 3 hehe. The sportsbooks predicted it similar to games 1 and 2, however. The Heat might be back to their old self after that exhale.
4891  Alternate cryptocurrencies / Altcoin Discussion / Re: DeFi hacks [history] on: September 21, 2020, 02:38:37 AM
@zasad@. Someone should teach the hacker about cryptonote coins hehe.

In any case, this is not a Defi hack article, however, this is also very questionable. It promises that its token's price floor only rises because of the magic of their taxation event.

I reckon paycoin had also a similar promise. The scam did not end very well for them.


Price floor: The price floor increases with every taxation event. This is the lowest possible price the contract will exchange TRIB for mUSD. The mUSD is sent to mStable’s saving contract where it continuously generates interest. As more and more sellers and buyers transact with the protocol, the price floor perpetually moves up. As long as there is buying and selling to the contract, it is impossible for the price floor not to go up over time. While many tokens out there can (and probably will) go to zero, that will be impossible with TRIB — it will have interest bearing capital permanently locked into the protocol.

Source https://medium.com/@defisatoshi2.0/introducing-a-new-paradigm-in-defi-the-pooled-interest-savings-token-171e02691ab9
4892  Bitcoin / Bitcoin Discussion / Re: Judge Orders Bitfinex to Turn Over Tether Loan Documents (Again) on: September 21, 2020, 01:59:22 AM
It's one of those cases where you want both sides to lose, heh.

I don't doubt the Attorney General's office are basically grasping in the dark, have no idea what they're actually looking for and probably wouldn't recognise it if they found it.  But at the same time, it's right that they should be suspicious of Bitfinex, who have been excessively furtive and rather shady in their dealings around the supposed "fully backed" nature of Tether.  It would be genuinely astounding to me if it turns out they really do have $14 billion USD in reserve, but something tells me they're never going to attempt to prove that's the case.  Last I heard of this ongoing farce, they'd amended their T&Cs to state that other assets may be used to back Tether, but didn't go into much further detail about what those assets might be.

I'll take this opportunity to give the usual reminder that people should only have funds on exchanges that they can afford to lose, particularly in the case of Bitfinex at the moment.  Also, if anyone currently has large sums stored in USDT, consider hedging with some other stablecoins (although, personally, they all sound as scammy and dangerous as each other to me, so I don't actually recommend holding any of them).

However, if you knew the conclusion of Bitfinex losing this case, you would want them to win hehe. Their loss might cause the big short of bitcoin.

Many of the exchanges in the cryptospace are using USDT on high volume, I reckon if the rug is pulled, all the liquidity is pulled.
4893  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: September 21, 2020, 12:38:47 AM
@ralle14. Agreed. There was also another first down that they certainly could have gotten in the 4th quarter. However, the rookie Herbert made a throw near the endzone and was intercepted.

I am happy, however hehe. The Chiefs victory completed my parlay.
4894  Economy / Gambling discussion / Re: 2020 NBA Season on: September 20, 2020, 04:22:31 AM
@Yogee. Casual fan's observation here. I reckon that it was the Heat not giving their 100% for this game in order to give 100% on game 4 and 5.

+6.5 for the Heat next will be a good bet hehehehe.
4895  Economy / Gambling discussion / Re: The UFC Info and Prediction Thread on: September 19, 2020, 05:45:45 AM
@7788bitcoin. Agreed! We have already witnessed Dana's minions overhype many of these young fighters similar to cryptocoin pumpers hyping their scams hehehe. There was Brunson, Ed Shabayzan, Jonny Walker and now Khamzat Chimaev.

I am quite certain there are a few more.
4896  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [AEON] Aeon Speculation on: September 19, 2020, 05:09:51 AM
@everyone. Aeon support and resistance range is on 3000 sats and 10k sats. This is a wide accumulation range, however, when the bear market has ended, Aeon can certainly pump to 50k sats very easily.

I am only speculating hehehe.
is there any strong fundamentals that will support the price of AEON pump to 50k satoshi? or just read from the chart ?,
I see in coinmarketcap AEON prices have gone up 5x from the beginning until now

I cannot say strong. However, the cosebase is presently stable after the rebase and it is maintained by 2 good developers. Monero developer smooth and Monero research lab member stoffu.

FYI, smooth hasn’t made a single commit to aeon since 2016 when stoffu made his first commits. Just saying that smooth does not technically maintain anything. He merges commits from
Stoffu.

Yes, sorry. However smooth has been an asset on the project's longterm vision and what Aeon presently should be and where it should be in the future.
4897  Bitcoin / Bitcoin Discussion / Re: SEC offered a 625K bounty for a tool to track LN and Monero on: September 19, 2020, 03:16:54 AM
According to your wise analysis, on what percentage of possibility will this bounty, paid for by the American tax payers, create a successful tool to trace transactions in Monero? Is it high?

Even if someone is able to do that (tracing), SEC/FBI won't get anything in return. The vast majority of the transactions in dark market still uses either BTC or ETH. And exchange liquidity with XMR is so low, that most of the trade is occurring outside the exchanges. Let's assume that SEC manages to trace a few XMR transactions. The users are then going to move to another anonymous coin, such as Veil or Deep Onion. I would advise the SEC to spend that money on something which is more productive.

I cannot assume the unassumable hehehe.

I reckon anyone who has been in the cryptospace for long enough know that Monero is the only legitimate anonymous coin. I do not know about Veil or Deep Onion, however, most of the other anonymous coins' privacy and anonymity claims are weak.

Also comedy news hehehehe.


Per its Wednesday additions to its list of sanctioned individuals, the United States Treasury Department is targeting Monero (XMR) addresses.

Russian nationals Dmitriy Karasavidi and Danil Potekhin have become the newest names on the specially designated nationals list. According to the Treasury’s announcement on the subject, the two engineered an elaborate phishing campaign targeting U.S. citizens in 2017 and 2018.

Both parties had a number of cryptocurrency addresses including Bitcoin (BTC) and Ether (ETH), as well as Zcash (ZEC) and Litecoin (LTC). Surprisingly, Karasavidi’s information includes a Monero address: 5be5543ff73456ab9f2d207887e2af87322c651ea1a873c5b25b7ffae456c320.

Given Monero's famous built-in privacy features, this is a huge step for sanctions. Unfortunately for the Treasury, that XMR "address" is not an address at all, but rather a payment ID.


Source https://cointelegraph.com/news/new-us-treasury-sanctions-on-russian-hackers-hit-monero-address
4898  Bitcoin / Press / Re: [2020-08-01] How the FBI tracked down the Twitter hackers on: September 19, 2020, 02:43:32 AM
@Kakmakr. I am skeptical about this official story as the real story. This was a sophisticated hack that appeared to be a warning disguised as a bitcoin donation scam.

I speculate that there might be a suppression of there larger issue. Am I watching too much movies hehhe?
4899  Economy / Gambling discussion / Re: 2020 NBA Season on: September 18, 2020, 03:05:42 AM
@NBA experts in this thread, do you think that Miami can beat Lebron and Anthony Davies' Lakers in a best of 7 series? I was not convinced, however I am slowly being convinced after the Heat beat Celtics from being the losng team in game 2 hehe.
4900  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: September 18, 2020, 01:07:34 AM
@tyKiwanuka. It appears those odds were not right. It should be Browns -10.5 or a little more hehehe. The Bengals defense is very bad, Browns defense is on point and with a talented offense.

It was also not a humiliation against the Ravens because they have the best team in the NFL. The outcome was expected.

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