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4921  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum 2.0 delays thread on: September 03, 2020, 01:33:37 AM
I suspect a lot of people don't understand what the 2.0 update includes, or how long this update will take to fully implement (it is a multi-year update).

https://consensys.net/knowledge-base/ethereum-2/faq/


Now take a guess which phase a congested network like Ethereum with its rising gas fees really needs ? Which phase will really fix things for its network ?



However, that update was promised 1 year ago and had been delayed a few times already. I speculate more delays and Eth 2.0 might not be online on 2021.

The phase 0 beacon chain will be released with a small delay, however, it might not develop more than that for maybe 2 years. But it will be good for investors, they can pump Eth 1.0 to have Eth 2.0 and pump that more hehehe.
4922  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum 2.0 delays thread on: September 02, 2020, 04:59:17 AM
@seoincorporation. That pump in price might only mean that there are people that speculate Eth 2.0 is close. We have seen this many times before similar to the bitcoin ETF pumps then delays hehe.

However, if you are an Eth investor, I understand your excitement. But prepare for disappointment also.
4923  Economy / Gambling discussion / Re: US Presidential Election 2020 on: September 02, 2020, 04:11:58 AM
@Vishnu.Reang. Agreed, however, I speculate that because of some Democrat politicians who support defunding the police causing chaos and because of their support of the riots, some democrats might change their vote. However, yes, I might be wrong, only a landslide victory for Trump would prove that I am correct hehehe.

In any case, odds on Trump are trending in his favor. What does this say?
4924  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum 2.0 delays thread on: September 02, 2020, 02:48:28 AM
Good initiative OP, I think we will be needing this thread and it will be a long thread per my expectation since I believe more delays will happen, and I think it has help Ethereum to recover slowly and they'll be using this opportunity to keep the hype before they will launch the ETH 2.0.

Talking about the hype, looks like Ethereum's going to cross $500 soon.

The thread will be 7 months this sept 8 this year.



The price of a coin and the state of a coin in the cryptospace are mutually exclusive. Ethereum Classic is an evidence of this. It had 3 51% attacks, however the price never dumped hehehe.
4925  Bitcoin / Press / Re: [2020-08-20] Restaurant Converts Entire Cash Reserve to BTC following Cov19 on: September 02, 2020, 02:05:26 AM
Bitcoin has pumped! The restaurant owner must be feeling he is like an investment expert now hehehe. He might be searching on coinmarketcap.com and beginning to speculate why not put some investment in Defi or ICO hehehehe.
4926  Economy / Gambling discussion / Re: The UFC Info and Prediction Thread on: September 01, 2020, 05:52:50 AM
Looks like Dana tries to somehow apologies to Jones. I remember when Jones said he wants to get more money for his fights and Dana said he could stfu and is free to go after Jones contract is over. Now he offers him immediate title show when there is for example Curtis Blaydes is top2 heavyweight with 4 wins in a row.  


There is a lot of time before it comes to that, so things and positions will change. I personally don't believe we will see Stipe and Francis fight next. I think Stipe will take it slow now a bit, which will cause Francis to get some other opponent first before he gets a chance for a title fight.

The new storyboard for Dana is for Jon Jones to fight versus Francis Ngannou. Was this not Jon wanted before he removed himself as the light heavyweight champion?

@CryptoViking. Sakai also was never finished. This is a 5 round fight, however. His fat body might become tired hehehe.
4927  Economy / Gambling discussion / Re: US Presidential Election 2020 on: September 01, 2020, 05:16:36 AM
betting odds are showing the same thing. biden and trump are basically neck and neck in the odds now. i expected a trump recovery but not so quickly! https://odds.watch/trump-2020

anyway, this kind of atmosphere bolsters biden's chances in my mind. another trump victory just like 2016? that sounds a little too predictable.

You have a point there. Back in 2016, most of the people expected Hillary to win easily. Especially the Democrat voters stayed at home and didn't bothered to vote. That is not the case now. Trump and Biden are neck to neck now... and what happened four years back is not going to repeat. Turnout is going to be high, but I am worried about the impact the pandemic can have.

The pandemic had a negative impact on Trump, however, the riots will have a more negative impact on the Democrats. An example of this is the Portland mayor. He rejected Trump's sending of the national guard to help maintain peace and order, now the city is open for rioters and criminals. How would ordinary citizens who only want everything to be back to normal react?

They will speak through the ballot, they will vote Trump.
4928  Economy / Speculation / Re: Bitcoin ETF by 2nd quarter of 2021? on: September 01, 2020, 04:43:34 AM
I am not certain what this is, however, I speculate that it might be an ETF.

They wouldn't announce something that has no legal right to exist. That would be a waste of their time and money, and everyone else's. An ETF is only one form of wrapper. There are many others ready to roll right now without having to speculate or smack your head against a brick wall.

What are those others that are ready to roll and when do you speculate would they be announced and available? Also on the 2nd quarter of 2021 hehehe?

In any case, I was only speculating. The first ETF will open the door for more and then we will witness the real pump begin. Prepare for the big short, however hehehehe.
4929  Bitcoin / Press / Re: [2020-08-27] DCG is betting $100 million on mining Bitcoin in North America on: September 01, 2020, 03:48:38 AM
I would be very skeptical if the American government begun paying tax payer's money to pay for the security of bitcoin hehehe. It might be some billionaire hodlers using their influence to save their investment or the government itself having interest on bitcoin as it becomes a banker's coin.
4930  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AEON: Cryptonote privacy, efficiency, decentralization, and stability on: August 31, 2020, 03:42:25 AM
@estenity. Did we not have someone create a fork of Mymonero wallet? I thought the community had one paid for from the Aeon community fund.
4931  Alternate cryptocurrencies / Speculation (Altcoins) / Ethereum Classic attacked again, do not invest on: August 31, 2020, 03:07:16 AM
This is for the 3rd time this month and it appears the attacks will not stop until it is dead. According to the article, a technology coordinator of ETC labs suspects something, implying that this might be a message by someone from Ethereum.


Image by comocomprarcriptomoedas.com

The Ethereum Classic blockchain suffered a 51% attack Saturday evening, its third such attack this month, noticed by mining company Bitfly, which also spotted the first attack on Aug. 1.

Stevan Lohja, technology coordinator at ETC Labs, in a private message with CoinDesk, said he finds the timing of the attack "very suspicious" as it came just a day after a meeting of Ethereum Core developers regarding "aggressive innovation" in the blockchain's proof of work.

The attack reorganized over 7,000 blocks, or two days' worth of mining, according to a tweet shared by Bitfly. The first two attacks reorganized 3,693 and 4,000 blocks respectively.

After the first two attacks, exchange OKEx responded by saying it will consider delisting the asset due to the network's severe lack of security. Coinbase also took drastic measures by extending deposit and withdrawal confirmation times for ETC to roughly two weeks.


Read in full https://www.coindesk.com/ethereum-classic-blockchain-subject-to-yet-another-51-attack
4932  Bitcoin / Press / Re: [2020-08-27] DCG is betting $100 million on mining Bitcoin in North America on: August 31, 2020, 02:32:37 AM
It is interesting that an article on this topic was published in February this year, and the author of the current article obviously used it as a source because some sentences are very similar.

Example :

crypto mining is a notoriously opaque industry

crypto-mining remains a highly opaque sector

No matter how the article is intoned, there is no doubt that someone will invest $ 100 million and will not expect a profit - for that reason maybe the whole thing should be viewed from another angle. From the second article (or rather the first), Silbert, who is of course the founder of Grayscale, thinks that one of the obstacles that repels big investors is precisely that the Chinese have too much power in their hands when it comes to Bitcoin. If the situation were to change in a way that mining power and mining equipment production is moved to the US, then confidence in Bitcoin as an investment would likely increase.

In other words, investing in Bitcoin mining should have a positive impact on the business of other companies within the DCG group, and it is possible that mining will be profitable as well. I think the whole thing is doable, but only if politicians can be persuaded to support the idea - and if lobbyists get to the right people, few would resist the fact that it's an industry worth over $10 billion a year (mining + equipment manufacturing).

You might be complicating it hehe. I speculate that Barry Silbert made a deal with an energy company to sell him electricity at lower whole sale prices that would have his mining company make a profit. It might only be a straightforward profitable business deal.
4933  Economy / Gambling discussion / Re: US Presidential Election 2020 on: August 31, 2020, 01:49:05 AM
@figmentofmyass. I also expected this, however, similar to you, not this quick also hehehe. It might also continue once the campaign debates begin and Biden is shown to be a senile old man.

@Vishnu.Reang. I speculate many democrats will turn up and might vote Trump. The people only want everything to go back to normal as quickly as possible, however, the Democrats reckon that the chaos under the Trump administration will be favorable to them.

In any case, vote Trump now if you want to get it with more valuable odd.
4934  Economy / Gambling / Re: Cloudbet | Bitcoin Casino & Sportsbook | The No.1 Bitcoin Gambling Site on: August 30, 2020, 06:06:21 AM


@bbc.reporter: Glad to hear, that you managed to resolve the problem. We haven't had a report regarding such bugs, but if you refresh the page I believe there should be no problem with the offered odds.

Currently, we only offer to bet on political matters as "Entertainment betting", but if you have any event you'd like to bet on in the future, I'd gladly pass your suggestion onto the relevant team for consideration.

There's nothing presently. Eurovision is cancelled, American Idol is cancelled and I assume the Miss Universe, the Oscar awards and the Emmys might also be canceled. However, can you offer odds for Rottentomatoes ratings, over or under?
4935  Bitcoin / Bitcoin Discussion / Re: Chris Larsen, Chair Of Ripple, Argues China Can Reverse Bitcoin Transactions on: August 30, 2020, 04:53:02 AM
And, let me guess, he thinks that a centralized cryptocurrency, namely Ripple, would be able to combat this non-problem? Roll Eyes

China having >60% of the current hash rate of the world does not necessarily mean that they want to alter any transactions that they want. The blockchain being transparent helps in getting things known to the world before it gets buried, but even if that happens, people will still know, hence altering and reversing transactions not really worth it on the side of the Chinese.

Doing this would result to bitcoin losing its value in an unprecedented scale seeing the vulnerability unfold before our very eyes.

I speculate that his argument will be they are both centralized so it might be better to choose the coin controlled by an entity friendly to America hehehe.

In any case, similar to Ethereums's unverifiable supply, Ripple has its own problem. The transactions cannot be traced back to the very beginning.

4936  Economy / Gambling discussion / Re: US Presidential Election 2020 on: August 29, 2020, 05:43:30 AM
@notblox1. You cannot trust that data. This election's winner will be won because of the silent majority. The democrats are also killing themselves by doing this.



This Mayor has just given Trump a win in Oregon hehehe.
4937  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum's supply cannot be verified on: August 29, 2020, 04:45:26 AM
Regarding the Ethereum supply, I took data from the coinmarketcap site. Which is circulating supply of Ethereum currently 112,363,420 ETH.
And indeed until now it is still a mystery about the Ethereum max supply, because I did not find any data mentioning the max supply of ETH.
Actually, the thing regarding the supply of Ethereum, I don't really think about it, as long as Ethereum is still in high demand. Very safe and
profitable investing in Ethereum.

Ethereum does not have a limited supply similar to bitcoin. Its supply is infinite.

Also, agreed. If you do not really care for the project and only care for profits, invest and support Ethereum hehehe. However hehehe, you will return to the bitcoin, yes? Maybe fiat money?

@ReiMomo. I speculate that it does not matter to the experts because they might have accepted that it cannot be fixed.
4938  Economy / Exchanges / Re: Coinbit shutdown by South Korea authorities on: August 29, 2020, 03:37:13 AM
Incompetence in the sense of allowing it to flourish.

Everry step of the way the south Korean government has been way behind and appeared to be laying there farting in its own juices while people ran rings around it.

Incompetence by the government? Agreed! Government has always been inefficient, incompetent and corrupt. Why do you think they are always increasing tax collection every year hehehe?

In any case, the scarier move to occur after this is when the inefficient, incompetent and corrupt government overregulates the cryptospace.

Also, I speculate that the exchanges that do wash trades are doing it for money laudering purposes. There might be some cryptocoin exchanges around the world that are part of one global money laundering ring. I have said this many times already.
4939  Bitcoin / Bitcoin Discussion / Re: US file a lawsuit to recover funds from a hack by North Korea on: August 29, 2020, 03:11:36 AM
In another press release related to this issue, it was mentioned that a Chinese cryptocurrency money laundering ring was involved. After reading this I remembered litecoin hehe. This coin has low development, has a small community, however it has always been having very high volume in Chinese exchanges? This is very suspicious.



“Today’s action publicly exposes the ongoing connections between North Korea’s cyber-hacking program and a Chinese cryptocurrency money laundering network,” said Acting Assistant Attorney General Brian C. Rabbitt of the Justice Department’s Criminal Division

Source https://www.justice.gov/opa/pr/united-states-files-complaint-forfeit-280-cryptocurrency-accounts-tied-hacks-two-exchanges
4940  Economy / Speculation / Re: Bitcoin ETF by 2nd quarter of 2021? on: August 28, 2020, 06:26:25 AM
I am not certain what this is, however, I speculate that it might be an ETF. There were no clear details given in the article except that it was a fund and that it might be offered only to institutions and also maybe rich individuals.

The prediction remains, Bitcoin ETF on the 2nd quarter of 2021 hehehe.



Fidelity president and director of digital funds Peter Jubber today filed paperwork with the U.S. Securities and Exchange Commission (SEC) informing the regulator of a new fund dedicated to bitcoin.

The previously unknown Wise Origin Bitcoin Index Fund I, LP was incorporated this year and is being run from the same Boston headquarters where the investing giant manages $8.3 trillion in customer funds. The early documentation provides little in the way of details about the fund, and shows that zero investors have currently participated. We do know that the minimum investment to join the pooled investment fund is $100,000, indicating this is likely only for institutional and accredited investors.


Source https://www.forbes.com/sites/michaeldelcastillo/2020/08/26/fidelity-president-files-for-new-bitcoin-fund/
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