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4901  Economy / Exchanges / Re: Kraken is launching a crypto bank! on: September 18, 2020, 12:20:15 AM
This might also be the beginning of bitcoin transforming to a banker's coin.
That wont happen because of the mining algorithm of bitcoin being POW. Biggest hodlers cannot influence or take centralized control over the coin.

I did not try to say it that way when I said banker's coin. I was only speculating that bitcoin might be regulated to please the banks and cause it to become lesser than what it was created to be.
4902  Economy / Gambling discussion / Re: Tennis League All Thread on: September 17, 2020, 05:27:04 AM
I tried betting on tennis yesterday and I lost all bets hehe. However, from my casual eye, I noticed that the Italians were winning against the players who are favored to win. This might not be a coincidence, I reckon. Italian mafia?

I am looking for something to blame for my losses hehehehe.
4903  Bitcoin / Press / Re: [2020-09-12]Researcher kept a Bitcoin bug secret for 2 years to prevent attacks on: September 17, 2020, 04:39:54 AM
This is very old news and the bug was fixed already. What is the writer of the article doing by putting this back on the surface again? I am skeptical, however, I do speculate that there are people behind this.
4904  Economy / Exchanges / Re: Kraken is launching a crypto bank! on: September 17, 2020, 03:27:23 AM
I am not as positive on this news as some people might be. I am happy as an investor because it might be a positive on the price, however, this appears something very ironic for me.

This might also be the beginning of bitcoin transforming to a banker's coin.
4905  Economy / Exchanges / Re: Binance is sued by Japanese crypto exchange Fisco on: September 17, 2020, 02:06:15 AM
Agreed. However, does this solve the issue? The skeptical me speculates that some exchanges help some criminal organizations launder their dirty money for cleaning. HSBC and other banks do it, I reckon cryptocoin exchanges have also been doing it.

I mean, there even used to be exchanges created solely for that purpose, so I wouldn't be at all surprised. Capital controls evasion is another major incentive.

I was not only speculating about capital controls evasion. There are also the Chinese triads and the corrupt people in the communist party of China who want to launder wealth.

I also speculate that one of their most favorite cryptocoins to use is Litecoin. It has low development, only a small community but the volume is very high in Chinese exchanges.
4906  Economy / Gambling discussion / Re: NBA 2019-2020 betting on: September 16, 2020, 03:46:48 AM
The Clippers are out of the playoffs! I am praying that the Nuggets will give the Lakers a very tiring series hehehe.
4907  Economy / Exchanges / Re: Binance is sued by Japanese crypto exchange Fisco on: September 16, 2020, 01:51:18 AM
Things like that is probably why eventually even Binance will require everyone without exceptions to undergo KYC verification.

Agreed. However, does this solve the issue? The skeptical me speculates that some exchanges help some criminal organizations launder their dirty money for cleaning. HSBC and other banks do it, I reckon cryptocoin exchanges have also been doing it.
4908  Economy / Service Discussion / Re: Cryptospace services news and updates on: September 16, 2020, 12:24:05 AM
Maybe because Apple reckons that Defi are similar to risky gambling games and scams? They are exploitable and might also be illegal.

https://bitcointalk.org/index.php?topic=5267124.0



Coinbase CEO blasts Apple’s “restrictive” policies towards crypto and DeFi

Armstrong started off by noting, “Why would Apple want to prevent people from earning money during a recession? They seem to not be ok with it if it uses cryptocurrency. This is what our Coinbase Earn product does.” He was referring to the broader burrowing and lending market in the crypto space, one that was gained prominence in recent months across both centralized players and “DeFi” protocols like Curve and Yearn Finance.


Source https://cryptoslate.com/coinbase-ceo-blasts-apples-restrictive-policies-towards-crypto-and-defi/
4909  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: September 15, 2020, 11:38:12 PM
My advice for gamblers in this thread is do not bet for the Tennessee Titans. Their kicker is still missing field goals and extra points similar to last year. They won the game, however as a bettor, it was not without stress hehehe.
4910  Economy / Gambling discussion / Re: NBA 2019-2020 betting on: September 15, 2020, 11:06:21 PM
Game 7 _ Clippers -7.5 all the way.  (if I win this, I'll be profitable in this series).

Game 1. Heat ML against the Celtics.

Good luck guys!.

You're always more objective with your picks, I might deviate a bit from the -7.5 because I find it a bit to high, but I'm surely going to have my bets on Clippers.

Heat vs Celtics is a very tough one for me, both teams have been impressive in this playoffs, but I'll be riding with you in the Heat ML as well.

Good luck 😉

Heat is the correct bet considering that the Celtics might still be tired from their 7 game series versus the Raptors. However, the rest did not do good for the Heat also. Their shooting hands are off hehe.

In any case, we might begin to see the Celtics to tire on the 3rd or 4th quarter.
4911  Bitcoin / Bitcoin Discussion / Re: SEC offered a 625K bounty for a tool to track LN and Monero on: September 15, 2020, 04:08:45 AM
An interesting offer from the SEC, I'm sure there will be bounty hunters who are interested in making a tool to track LN and Monero.
Although it is not easy to make a tool like that in my opinion, but it is possible to be able to make a tool like that.This is one of
the big breakthroughs that the SEC has made in my opinion, they are getting serious about dealing with the scammers that occur
in the crypto world. It would be good if the tool was successfully created in the end, because it will reduces the number of scammers
currently circulating.



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?
4912  Bitcoin / Press / Re: [2020-08-11] MicroStrategy Adopts Bitcoin as Primary Treasury Reserve Asset on: September 15, 2020, 03:36:39 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
4913  Alternate cryptocurrencies / Altcoin Discussion / Re: DeFi hacks [history] on: September 15, 2020, 02:30:57 AM
@zasad@. bZx was attacked 3 times according to an article from Cryptoslate cryptocoin news outlet. This forces you question the qualifications of the development teams behind those Defi projects. Did they get a coding degree from codecademy.com hehehe?
4914  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum 2.0 delays thread on: September 15, 2020, 02:02:07 AM
I am quite certain that there will be a delay. However, for all of you cryptocoin traders, November might be a good time to pump and dump Ethereum again hehehe. There are many articles setting the storyboard for a pump to $500.



Ethereum 2.0., the much-needed and much-delayed update to the Ethereum blockchain, is on track for a November 2020 launch, according to one of its developers.

In a blog post summing up recent updates on the long road to Ethereum 2.0, Raul Jordan, an Ethereum 2.0 developer with Ethereum infrastructure builder Prysmatic Lab, said that should various security checks and user experience polishes take place, “November is still looking good for a launch from our perspective.”


Source https://decrypt.co/41664/ethereum-2-0-on-track-for-november-launch-says-dev
4915  Economy / Gambling discussion / Re: The UFC Info and Prediction Thread on: September 14, 2020, 03:45:57 AM
However, sometimes women give tougher fights more than men similar to this recent headliner. It might be because women are built for giving birth and have higher limits for pain received hehehe.
4916  Bitcoin / Bitcoin Discussion / Re: SEC offered a 625K bounty for a tool to track LN and Monero on: September 14, 2020, 02:51:13 AM
I reckon the privacy aspect of bitcoin will be a cat and mouse game that always ends with the cat tracing the transactions.

For now, sure. But let's not completely underestimate what kind of innovation the developers can do to help Bitcoin's privacy sometime in the future.

Sometime in the future, yes. It will certainly be harder for bitcoin with the type of development preferring on the more moderate side, I reckon. Monero developers do hard forks every 6 months since the beginning.

The IRS should not scare the bitcoiners in the richlist. They might hide in Monero hehehe.

https://localmonero.co/blocks/richlist
4917  Bitcoin / Press / Re: [2020-09-10] Privacy Startup Nym Will Pay You in Bitcoin to Run Its Mixnet on: September 14, 2020, 01:47:36 AM
@Karartma1. In their statement they have said that the mixnet itself will be hosted by a network of volunteers. Might this be vulnerable to sybil attacks for collecting the data and traceablilty?
4918  Bitcoin / Press / Re: [2020-08-15] US Prosecutors Seize Bitcoin Allegedly Tied to AlQaeda, ISIS, Hamas on: September 14, 2020, 12:15:12 AM
@bryant.coleman. It is almost similar to saying that bitcoin's usecase as a speculative investment has surpassed its usecase as a tool for political liberation and autonomy on 2013 hehe.
4919  Bitcoin / Bitcoin Discussion / Re: Hackers Are Trying To Break Into This Bitcoin Wallet Holding $690 Million on: September 13, 2020, 05:30:54 AM
Hackers Are Trying To Break Into This Bitcoin Wallet Holding $690 Million
https://www.vice.com/en_us/article/bv8k4v/hackers-are-trying-to-break-into-this-bitcoin-wallet-holding-dollar690-million

https://bitinfocharts.com/bitcoin/address/1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx

I'm not sure if this is a real wallet or if this article is an advertisement for RaidForums.

It is clickbait and spreading fear. However, what would presumably occur is the IRS might begin following the movements of some addresses in bitcoin's richlist and their transactions.

Can the government order an exchange to freeze the account if it received a transaction from one of the marked addresses in the richlist?
4920  Bitcoin / Bitcoin Discussion / Re: SEC offered a 625K bounty for a tool to track LN and Monero on: September 13, 2020, 03:49:27 AM
What do you think of this? Will some ethical hackers stepping and developed a tool if possible?
Definitely, there will be developers that will be interested with that huge amount in the table. But if you are a real bitcoiner, you shouldn't help the government break LN.  Smiley.

Given enough money in exchange, I can almost guarantee that probably even the biggest bitcoin and privacy advocate could easily give in to the offer. The privacy aspect of Bitcoin and cryptocurrencies in general will be a cat and mouse game.

I reckon the privacy aspect of bitcoin will be a cat and mouse game that always ends with the cat tracing the transactions.



In any case, who has solved Monero's privacy aspect?

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