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5141  Bitcoin / Press / Re: [2020-08-03] Hack Forces Travel Company to Pay USD 4.6m in Bitcoin Ransom on: August 09, 2020, 01:19:46 AM
@Harlot. It was a sarcastic comment hehehe. Clearly the hackers should demand payment in Monero, however, why not use Coinbase blockchain analytics for what it was created for hehe.
5142  Economy / Gambling discussion / Re: US Presidential Election 2020 on: August 08, 2020, 04:50:15 AM
I doubt that they would make Biden win the nomination after all of this time and when Bernie has the second most votes for nomination, they would move Biden aside for Cuomo, that doesn't seem like a very possible situation, I am pretty sure there would be a lot of in fighting going on inside the DNC for Bernie to get nomination if Biden doesn't get it.

But, I am 99% sure Biden will keep being the candidate for sure, he earned it and he wants it as well so he will keep it. At the same time Trump might be doing horrible stuff with the Covid and BLM situation right now which could make a lot more democrats to go out to vote and that is a great thing for Biden, yet at the same time Biden is not doing stuff to win, sure Trump works to lose but we need Biden to do something to win in order to get it, otherwise it will be Clinton deal all over again.

Every Democratic nominee has surrendered to Biden already.

Also, Susan Rice has presently become the next favorite after Kamala Harris hehehe. It will be Susan Rice, I reckon. Biden will need the protection against Russiagate.
5143  Alternate cryptocurrencies / Altcoin Discussion / Defi exploits, bugs and hacks thread on: August 08, 2020, 04:12:08 AM
We have witnessed more than 3 Defi exploits and bugs in Ethereum that have ended in those smart contracts losing hundreds of thousands in coins or tokens.

I reckon we compile all news articles about them in this thread to show everyone that we should think well before investing in them.



Attackers raided the decentralized finance (DeFi) protocol Opyn yesterday, making off with over 370,000 USDC.

Opyn, which deals primarily with options for ETH, was subject to a double-spend attack.

"At the time of this post, we've found 371,260 USDC that has been stolen from these contracts," reads Opyn's post-mortem.

Analysis from security researchers PeckShield elaborates that the double-spend transpired due to an exploited smart contract bug, allowing attackers to openly plunder any and all USDC within Opyn’s smart contracts.


Read in full https://decrypt.co/37671/blatant-bug-led-to-370000-defi-hack-say-experts

https://blog.peckshield.com/2020/08/05/opyn/
5144  Economy / Speculation / Re: Grayscale Buys 800% More Bitcoin Compared to Q1 2019 on: August 08, 2020, 03:31:34 AM
It appears that Barry Silbert's wallets are full. He will begin step 2 next week. The mainstream media hype and pump campaign hehehe.

Where is Tom Lee hehe.



Are you ready? @Grayscale's national ad campaign kicks off next week with a TV ad on CNBC, MSNBC, FOX, and FOX Business. We're going to brrring crypto to the masses

Source https://twitter.com/barrysilbert/status/1291710737291841543
5145  Bitcoin / Press / Re: [2020-08-03] Hack Forces Travel Company to Pay USD 4.6m in Bitcoin Ransom on: August 08, 2020, 03:05:20 AM
Step 1. Someone anonymous does something outrageously egregious to cause harm to you (or someone you) know/love
Step 2. Anonymous Someone asks you to give them something worth $10 million in return for undoing the bad thing


Q. Is step 3:

3a) Give them the $10 million. Why wouldn't you trust them?
3b) Give them nothing and take the hit. They've already proved they're total assholes

Step 1. Travel company should insist that payment should be in bitcoin.

Step 2. Use Coinbase to send the payment for hackers.

Step 3. Inform Coinbase what had occured and request for blockchain analysis.
5146  Economy / Gambling discussion / Re: US Presidential Election 2020 on: August 07, 2020, 05:09:01 AM
@STT. It might be better to wait. Trump odds went to 4.50 on 2016 that was 2 days before the election day. We will certainly witness something similar on November. The results will also be similar or it might be something shocking. A landslide for Trump hehehe.
5147  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is Ethereum Classic undervalued? on: August 07, 2020, 03:41:01 AM
@Abiky. There was another 51% attack on this on 2018 or was it 2019, where the hackers were also successful in the double spend.

I reckon that this coin should be declared dead for investors.

In any case, I should not be speaking. I am an Aeon bagholder hehehehehe.
5148  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will $XRP be safe for long term? on: August 07, 2020, 02:56:06 AM
XRP is great for the long term, but if you think about the supply of coins I still have a little doubt. But as long as it is in the top 10 of coin marketcap, I think it will still be profitable. Smiley

I disagree. XRP is not a longterm token for holding. Ripple can be ordered to be shutdown by the government. The company behind the platform controls 99% of the validators and anyone cannot be a validator without being included in their trust list.



Long term holding for XRP is quite a risk just like any other cryptocurrency out there. Since this coin is owned by private company, their fate will be dependent on the company behind it. To have a better perspective between bitcoin and ripple, you can take a quick read in the below article and gauge for yourself, which one will be of advantage in your part for long term holding.

https://www.investopedia.com/tech/whats-difference-between-bitcoin-and-ripple/

Ripple is a very promising platform because of those companies collaborating with them, but one wrong move from one of its owners will make this network fall apart. Consider that if one day, one of its stakeholders wanted to cash out his large holdings or someone from their group exited without advising the group, what would be the future of their company? It is for you to decide how you are going to take that kind of scenario, and the possibility is always there.

Agreed if you are talking only about price. However, real decentralized cryptocoins do not hold a similar type of risk that a centralized cryptocoin holds. Ripple can be shutdown by the American government, real decentralized cryptocoins cannot be shutdown.
5149  Bitcoin / Press / Re: [2020-07-30] Bitcoin Held by Exchanges Drops to 2019 Levels, Demand Rising on: August 07, 2020, 02:23:19 AM
Agreed. However, bitcoin's popularity is growing every year and brings on many new users, developers, traders and investors who have not learned the lessons that you have learned about the cryptospace.

I start from the premise that each person is personally responsible for his money and what he will do with it at any time. But I think we have some moral obligation to warn inexperienced people on the forum and in real life what Bitcoin is and what altcoins really are.

I think things are changing for the better though, not only do users realize they need to be their own bank - but also that a good percentage of altcoins (more than 50% in the top 50) is in the red despite the rising price of BTC.

I much agree. However, I come from the premise that in the world of finance and economics, there is something called the greater fool theory. It cannot be stopped and the market is only the way it is.

5150  Economy / Gambling discussion / Re: US Presidential Election 2020 on: August 06, 2020, 03:43:11 AM
@alani123. Mail in ballots is another method to cheat easily for the incumbent because it controls the biggest political machinery. Trump might be saying he does not like it for Democratic states to allow it hehehe.

LOL.. Anyone remember the 2008 United States Senate election in Minnesota? That one is perhaps the prime example of an election stolen through the usage of mail in ballots. After the initial count, the GOP candidate (Norm Coleman) was leading by a few hundred votes. But then the Democrats started finding stacks of mail-in ballots (obviously all of them marked for their candidate Al Franken) in various places such as municipal thrash boxes, public toilets, bus stops.etc. In the end, Franken was declared the winner by around 300 votes (around 0.01%).  

I reckon Trump's election team are geniuses. Blame the enemy for what you are planning to do hehehe. They know anything Trump wants, the Democrats will want the other side.

In any case, another delay for the declaration on Biden's vice president. Why is there a delay? Susan Rice hehehe?

@figmentofmyass. Trump voters are not unpredictable because you know they will vote for Trump. The silent majority is unpredictable and also the patriotic liberals who want peace and order and to make America great again.
5151  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will $XRP be safe for long term? on: August 06, 2020, 03:21:39 AM
XRP is great for the long term, but if you think about the supply of coins I still have a little doubt. But as long as it is in the top 10 of coin marketcap, I think it will still be profitable. Smiley

I disagree. XRP is not a longterm token for holding. Ripple can be ordered to be shutdown by the government. The company behind the platform controls 99% of the validators and anyone cannot be a validator without being included in their trust list.

5152  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AEON: Cryptonote privacy, efficiency, decentralization, and stability on: August 06, 2020, 02:38:57 AM
@bitpotter. Also in all of its market history, Aeon's price was 10% of Monero's price. Monero is presently trading on $89 and based in market history, this implies that Aeon might be very undervalued.
5153  Bitcoin / Press / Re: [2020-07-30] Bitcoin Held by Exchanges Drops to 2019 Levels, Demand Rising on: August 06, 2020, 01:07:38 AM
I said investors might speculate that bitcoin has become overvalued. Please read the chart from 2016 to 2019 and come back if you understood how investors behave.

A serious investor will never invest in some altcoins without meaning and purpose, especially not after what happened during 2018/2019. Only those who deal with pump dump schemes and those who think that BCH/BSV is a better choice then Bitcoin can say/speculate that price is overvalued. After 11 years, those same investors must have learned something - only Bitcoin remained a profitable investment almost all the time - and look at how many projects survive only one year after they appear on the market.

Bitcoin was cheap in 2013, it was cheap in 2015, it is cheap even today given how much potential there is for growth in the future.

Agreed. However, bitcoin's popularity is growing every year and brings on many new users, developers, traders and investors who have not learned the lessons that you have learned about the cryptospace.
5154  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AEON: Cryptonote privacy, efficiency, decentralization, and stability on: August 05, 2020, 04:47:49 AM
I reckon not the miners. The producers of Asics for Aeon, however, might pump this and begin a new industry for the next in demand coin in the next years. Private, anonymous, Cryptonote coins.

My speculation hehehehe.

It’s a little too late since there is minimal new coin supply to mine right now. It would make more sense to finish porting Aeon to monero latest framework then fork aeon and start a new chain from scratch with ASICS. This way you have a fresh chain, full privacy (no ring 0) history, all the tested benefits and bug fixes of 6+ years, and support of ASICS on an asic friendly POW. But that won’t happen for at least another 2(?) years when supply runs out of aeon and the unknown functionality of tail emissions kicks in. So you could say that creating ASICS now would show the full functionality on the chain to prove out any issues of sha3 + ASICS and allow for bug fixes related to ASICS before forking and creating that fresh new chain to start all over with.

Just a theory here.

Which reminds me, where is that tari whitepaper.  Wink

I disagree. Cryptonote coins have a tail emission. Also, it would be more costly for manufacturers of Asics to develop a coin, grow a supporting community and produce the Asics all by themselves.
5155  Alternate cryptocurrencies / Altcoin Discussion / Re: Who said that ICOs are dead? on: August 05, 2020, 03:06:09 AM
Just look at the numbers. During 2018, we used to have 200-300 different ICOs going online every week. Currently, this has been reduced to a fraction of that level (< 10 per week). We had some great ICOs in 2017 and the preceding years, such as NEO, Ethereum, Stratis and NXT. But how many such projects we had in the last 12-18 months? I am not very hopeful about a revival of the ICO sector.

It might not be similar to the get rich quick gold rush and the scams of 2017, however, the ICO as a democratized form of funding a start up, with bitcoins, will always be an alternative for entreprenuers and developers.
5156  Bitcoin / Bitcoin Discussion / Re: Ledger 1 Mln Users Data Under Attack on: August 05, 2020, 02:31:07 AM
@Lucius. Agreed! However, the telephone directory has also enough available information to do similar types of attacks and it has been publicly available for more than 50 years but it has never been considered a cause for attacks.

And again I ask you what does the telephone directory have to do with the fact that in this particular case it is about people who bought a hardware wallet? Is there any information in the telephone directory or has there ever been information that someone bought gold, an expensive watch, a valuable piece of art perhaps?

It is really not clear to me that you are drawing a parallel between the telephone directory (which is a public database) and data that should be secret for quite logical reasons. I don't want a public directory with my information stating that I own a hardware wallet or have a safe in my apartment.

How would criminals know that their ledger wallets hold coins amounted to more than the price of the hardware wallet? Do you assume that there certainly will be a massive increase of serious crimes on those ledger owners?

I reckon the information given on where they live would give more details on their financial status, similar to the telephone directory.
5157  Economy / Speculation / Re: Not many try to buy on Bitfinex, but many try to sell on Bitfinex these days... on: August 05, 2020, 01:18:35 AM
@StonksStonksStonks. It might almost entirely be money launderers that are using the exchange presently. Everyone who has been active in the cryptospace for at least 2 years know Bitfinex is dangerous.

It might also be fake volume from the USDT have printed hehehe.
5158  Bitcoin / Press / Re: [2020-07-30] Bitcoin Held by Exchanges Drops to 2019 Levels, Demand Rising on: August 05, 2020, 12:13:18 AM
Is there data on altcoins held on exchanges? Demand on bitcoin will certainly be not forever. I reckon many investors might begin to speculate that bitcoin has become overvalued and invest on the most popular altcoins.

2020 is the year of the Defi hype hehehe.

Very laughable comment. Bitcoin overvalued?
Please go read the Bitcoin Standard and come back when you fully understand the bitcoin mechanics which you probably forgot.
 Roll Eyes

I said investors might speculate that bitcoin has become overvalued. Please read the chart from 2016 to 2019 and come back if you understood how investors behave.
5159  Economy / Gambling discussion / Re: [Boxing] Mike Tyson vs Roy Jones Junior [PPV on Nov. 28] on: August 04, 2020, 03:38:53 AM
This article tells what everything is wrong for this fight and why the marketing and the hype on this by the organizers might be a mistake.



If the main event between Tyson and Jones doesn't tell you this fight card's target audience doesn't include hardcore boxing fans, the co-feature between YouTube star Jake Paul and retired NBAer Nate Robinson makes it clear. Tyson has won 50 of his 56 career bouts, but the important number here is his 17.9 million combined Instagram and Twitter followers.

And the event can't transcend medical science, which confirms that the middle-aged brain is especially vulnerable to the trauma boxing inflicts.

Doctors understand that reality through study, and Jones knows from experience. Through the early 2000s Jones was an untouchable light-heavyweight champ with lightning reflexes and even faster hands, the author of highlight-reel knockouts. He cracked Virgil Hill's ribs with a single right hand in their 1998 bout. Four years later he hid his hands behind his back, then cracked Glen Kelly across the temple with a roundhouse right, ending that fight.

But as Jones slowed with age he became the victim of a string of terrifying knockouts, most recently in 2015 against England's Enzo Macarinelli.

Five years later, we can't guarantee he's better equipped to withstand a Mike Tyson uppercut, but Tyson is vulnerable, too. He looked unbeatable in the gym but we haven't seen him absorb punches since 2005, when he quit on his stool against Kevin McBride.


Source https://www.cbc.ca/sports/boxing-match-mike-tyson-roy-jones-1.5665626
5160  Economy / Gambling discussion / Re: The UFC Info and Prediction Thread on: August 04, 2020, 02:59:27 AM
It appears that the MMA news media is speculating that Conor will fight Pacman in a boxing match. I speculate that it might not be true. Pacman and Conor are under the same management company. What this might be is a Floyd Mayweather rematch for Conor and Pacman will train him hehehehe.



The rumors got started when McGregor posted a tweet saying, “I accept.” While some thought this was aimed at Khamzat Chimaev, McGregor denied this to ESPN’s Ariel Helwani. The “Notorious” one later made the same post but this time in Tagalog, which is the second language used in the Philippines.

Source https://www.mmanews.com/dana-white-wont-entertain-conor-mcgregor-vs-manny-pacquiao-rumors/
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