Avalanche success doesn't erase the fact that ICO are scammers tool now, investors don't want to invest in ICO projects anymore that's the fact, to me ICO remains dead but if I know a good project like Avalanche that wants to use ICO I will invest but that doesn't mean I will always invest in ICO projects
I disagree. Similar to bitcoin being used by criminals should not imply that bitcoin is only for criminals. ICOs opens a democratized way for start ups to collect funding. I am aware that it can be used for scams, however, it can be also used for funding real innovative companies. |
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@Harlot. I am skeptical on that interview. The New York Times wrote that the interviews indicate that it was not an attack from a state or a sophisticated attack. They reported that it might be an attack from someone who lives with his mother?
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just wondering if this might extend to casinos and others deemed "illicit".
Gambling stuff is only problematic in a relatively small number of countries. Since LBC are Finnish I dunno where that leaves people in countries where it can be a pain. Does Finnish law apply to every trade? There are few people use casino to mix/laundry their coin, which could be problematic such as another user who withdrawn their funds got "illcit" coins. Also, what might be the extent of this to mixers? This appears that it can be applied everywhere where the government can assume the criminals send their coins before sending to an exchange. |
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China just recently launched it's second attempted mission to Mars. The Tianwen-1 mission should reach Mars in early 2021, after a 7-month journey. Their not alone, the UAE also launched a mission to mission to Mars, the EMM-HOPE. I haven't heard much about the Emirates' space program, but I've heard of the Chinese's a few times. So it got me thinking about if they're going to actually make it this time. And whether the UAE's ship will make it too. I'm not a gambler, so I'm only wondering out of curiosity. What do the odds maker's think? America will win the space race, I reckon. The American government have been in space for 20 years and have begun to be bored of it if not for Elon Musk. A space race versus China might awake NASA's enthusiasm especially in the middle of this new cold war between the 2 countries hehehe. I also speculate a war for the moon territories. The country that controls the moon might control sustainable space travel to Mars. |
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, "“I am going to give 100% of Mike Tyson in the ring … I don't know how Roy is going to deal with that.” Source: ESPN GB. If he gave 100%, then we might see a knockout win with that? I am not expecting, both of them can hype the fight, that's the way to sell the PPV but the actual fight would surely be not as what we are expecting. Not the way we would expect it to be knowing how much they aged now. Its just about making them last up to 12 rounds only to show the public how they are now. Making the PPV worth the pay for this historical event. Its not like how they are back in the days where they can throw a combo without dislocating thier hips. Throwing a hard punch might even break their knuckle bones for its now almost brittled. What they could do in the ring is just a 1 and 2 punch and back away again. Sports news article title will be Mike Tyson wins via Roy Jones' dislocated hip while throwing uppercut hehehehe. Also, will they wear a headset? The organizers should avoid one or both old men to go to the emergency room and come out with Parkinson's. |
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@figmentofmyass. This might be a major issue. It appears that private information of all users might be downloaded in Coinbase's blockchain analytics project without being a Coinbase user and sell them to the government.
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@litepool.ru. Is AVA scam? Is Polkadot also scam? No, I reckon. However, yes, there are many scam ICOs that have collected funds from the cryptospace. In any case, Polkadot has collected another $43 million through a private sale, however, was it a private sale? There are people on Reddit claiming that they have bought some tokens. https://www.reddit.com/r/dot/comments/hxbxl6/get_polkadot/A second private sale of the Polkadot token (DOT) netted the Web3 Foundation and Parity Technologies some 3,982.07 bitcoin (BTC) worth an estimated $43.3 million at press time, according to sources.
A bitcoin address shared with CoinDesk saw 1,059 transactions beginning July 24 at 5:22 UTC.
The token offering was not available in certain jurisdictions such as the United States, according to the sale’s website. DOTs were listed for $125 per token, according to Reddit users claiming to be involved in the sale. The Web3 Foundation did not return requests for comment.Source https://www.coindesk.com/polkadot-raises-43m-in-72-hour-private-sale-source |
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Who the hell still cares about the Bitcoin market cap ratio(or so called "bitcoin domination")? One word: Speculators. I disagree. Speculators only care about pumps and bitcoin's price in fiat and how much they can make in fiat. Also, it appears that our friends from Bitfinex has signalled their readiness to begin the bull market hehehe. Be ready for the big short, however. In March 2020 we hit a big milestone as our market capitalization hit $5 billion. Now only four months later we’ve surpassed a $10 billion market capitalization
Another huge accomplishment for 2020, solidifying $USDt place as one of the most liquid, stable & trusted currency!Source https://twitter.com/tether_to/status/1285849977290457089 |
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Does anyone have a Theblockcrypto subscription? Please share the whole article hehehe. It appears Coinbase is leading the development of a user information exchange for exchanges located in America. The regulators pets Brian Armstrong's head with satisfaction. Coinbase and other crypto exchanges are designing a P2P system for sharing user info under FATF rules
A working group including U.S. crypto exchanges is working on a joint solution for complying with Financial Action Task Force rules on sharing customer information.
The effort is said to have been begun by Coinbase, resulting in a plan to exchange data via a peer-to-peer “bulletin board.”
A white paper on the proposed solution will be published in the coming weeks, according to Coinbase.Source https://www.theblockcrypto.com/daily/72293/coinbase-exchanges-fatf-travel-rule-solution |
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Bitcoin has always been something evil for most mainstream media, because they are controlled by the same people who control the banks, and at the very thought of a decentralized currency, the world turns them upside down.
Totally agree with this. Bitcoin and cryptocurrencies in general are considered as a threat for their wealth and their existence as banks and lobbies controlling the economy... News popping every so on about the same bad usage of cryptocurrencies are just awful Agreed. This is the reason why I support the concept of the public ICOs as a form of democratized funding for start ups. Also maybe this is why I want Bitfinex to win their case versus the NYAG hehehehe. |
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In any case, everyone should research and read about Telegram's failed ICO and why it failed. If Telegram did a plain public ICO, I reckon that they would have collected the funds, distributed the tokens and would have innovated without hindrances from the government. Telegram was a company that wanted to do it right, however, the government will only favor the people who have the political connections to be favored. Hester Peirce, the crypto lovin’ commissioner of the US Securities and Exchange Commission, said that the SEC made an error in taking legal action that led to the shutdown of the Telegram Open Network, the $1.7 billion crypto project from Telegram, a popular chat app.
In a speech given at the virtual Singapore Blockchain Week, published online today, Peirce, often called “Crypto Mom” for her support of the crypto industry, said that last month’s settlement with Telegram was “the unsatisfying culmination of an enforcement action that I did not support from the beginning.”
“Moreover, the settlement produced an unsatisfying result—the abandonment of the project.”
The SEC’s main battle against Telegram concerned the way it structured its ICO.
Telegram used something called a Simple Agreement for Future Tokens, or SAFT. With SAFTs, investors buy the right to tokens, which are distributed much after the network launches. The idea is that investors wouldn’t buy Telegram’s tokens, “Grams,” for speculative purposes, but rather would use them on the network when it had launched.
In theory, this would neatly sidestep US securities laws and mean that Telegram didn’t have to register with the SEC.
But the SEC said that the SAFT didn’t make a difference: Telegram was still, essentially, selling securities, it argued. The court, appearing to prefer this argument, prolonged delays to the network, and these delays then prompted TON’s collapse.Source https://decrypt.co/36296/sec-wrong-to-go-after-telegram-crypto-mom-hester-peirce |
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I remember last time even Trump didnt think he'd win or that was the impression and maybe that did him good because apparently people believed every vote counted and they had to goto the polls or 'their candidate' wouldnt win. You need people who are heavily attached to that cause and they'll vote no matter what not tactically or because others are. So I dont find its especially proven. Trump ran a term similar to how he ran his candidacy, quite bizarre at times and yet he remains and might be there another four years. If people feel as strongly to vote the democrat candidate then I guess he would not survive that, if people aren't motivated the default win goes to the guy in power the last four years. Happens in lots of countries that way I think.  Heres a good chart to show how population distribution varies to terrority, its not showing the electoral collage really but shows how the polls just showing raw numbers isnt enough. Besides that stats are about probability and possibilities, it cant tell you what will happen just the best guess. However, in America the presidency is won not because of the popular vote but because of the electoral college. It takes a different type of campaign strategy to win, I reckon. |
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Odds and statistics play too little in politics. Do you remember Hillary had 98% winning chance and Trump only 2%? only the dumbest of the dumb ever believed that. bookies had odds ~75% in favor of hillary, with polls tending towards the 80% mark---some higher, some lower. for all we know, 75-80% chances was correct. that means trump would have won 1 out of every 4-5 times. and maybe that's exactly what happened. keep in mind that biden only has a 6-10 point lead in the polls. there is no comparison to 98-2 in 2016. However, this is only from what we know from the mainstream stories we read or the polls they create. We do not know what the silent majority is planning and who they would vote. Also, the number of people in the silent majority is greater than 2016. A new Cato national survey finds that self‐censorship is on the rise in the United States. Nearly two-thirds—62%—of Americans say the political climate these days prevents them from saying things they believe because others might find them offensive. The share of Americans who self‐censor has risen several points since 2017 when 58% of Americans agreed with this statement.Source https://www.cato.org/publications/survey-reports/poll-62-americans-say-they-have-political-views-theyre-afraid-share |
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Still may not be interested in ICO anymore, even though the marketing is good, I am not so sure anymore, including other investors, I have forgotten ICO and want new sales like IEO in the future that will be able to increase the project in making sales.
I will not discuss ICO 2017 because I already felt the benefits at that time so think ahead not to be fooled by promising offers.
In my opinion, it still fair to be interested in ICO ones just need to be sure if the project genuine and future prosperity level not to invest out of promising offers and influential teams which is what i saw in this project with the ever fast transaction confirmation span and Defi which will be implemented theres nothing wow about the project I think this is just a rare case for ICO to be a success, mainly because of the project itself (influential teams) and nothing else on the table. Agreed! Also, there have been many projects from 2015 to 2017 that had influential teams that have also not seen success on their own projects. Also, I reckon that ICOs are a good democratized way to collect funding from the public without middlemen. It encourages resourceful developers to innovate more. However, be careful of the scams hehehehe. |
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@Tash. My argument is not on staking rewards or on the inflation. There are coins that pump whichever percentage the mining or staking rewards the development team has assigned to them.
I was arguing about the beacon chain. Vitalik and his development team might do it similar to IOTA. I reckon Cardano did something similar also.
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However, ransomware attacks have been there before the cryptospace. This might be the beginning of the bull market if there are mainstream article writers making it appear that bitcoin is evil again hehehe.  Bitcoin and other cryptocurrencies are fueling a wave of ransomware attacks to the tune of $1.4 billion in the U.S. Hackers encrypt the victim’s data and then require the victim to pay a fee in bitcoin or certain other cryptocurrencies to obtain the decryption key needed to release the data. According to Coveware, which helps companies remediate ransomware, in Q4 2019, victims who paid a ransom to receive decrypting software successfully decrypted 97% of their encrypted data.Read in full https://www.forbes.com/sites/andreatinianow/2020/07/01/bitcoin-demand-drives-14-billion-ransomware-industry-in-the-us/ |
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@Slow death. Banks in America have also been allowed and will begin to accept cryptocoin deposits. I predict Coinbase and others similar to blockchain.info might also apply for licenses to also become cryptobanks.A news headline in a few years might say Bank of America hacked, 100,000,000,000 dogecoins stolen hehehee. U.S. bank regulator grants authority for national banks, federal savings associations to custody crypto
The U.S. Office of the Comptroller of the Currency (OCC) has opened the door for federal savings associations and national savings banks to hold cryptocurrencies on behalf of their customers.
The announcement, issued Wednesday, "applies to national banks and federal savings associations of all sizes" and states that such custody services represent "a modern form of traditional bank activities related to custody services."Source https://www.theblockcrypto.com/post/72628/us-bank-regulator-crypto-custody |
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House Democrat warns about 'inaccurate' polls: Trump voters 'fundamentally undercounted'
Democratic Rep. Elissa Slotkin (Mich.), a first-term member who represents a district President Trump won by roughly 7 points in 2016, said that polls showing the president trailing former Vice President Joe Biden are “inaccurate.” i posted about this a few weeks ago. i think pollsters have done a lot to repair their failings from 2016 re ignoring rural constituencies and swing state dynamics. the real problem is that trump voters are somewhat atypical compared to traditional republican voters. and it's difficult to know whether they will show up in numbers to the polls or not, or on the other hand, whether the growing contingent of anti-trump republicans/independents will sustain momentum. A political science professor is asserting that President Donald Trump has a 91% chance of re-election in November against presumptive Democratic presidential nominee Joe Biden. Stony Brook University professor Helmut Norpoth made this political forecast by using the "Primary Model," an election prediction model that has a proven track record, including accurately predicting five out of the last six elections.
"The Primary Model gives Trump a 91 percent chance of winning in November," Norpoth told Mediaite on Tuesday. "This model gets it right for 25 of the 27 elections since 1912, when primaries were introduced." very interesting! i suspect that this election is a bit more unpredictable/higher variance than most elections, because 1. trump makes it inherently unpredictable as i mentioned above, 2. the coronavirus, 3. the recession. just as i did a couple months ago, i think trump is slightly better than a coin flip to win the election, so the current odds are pretty attractive. Also, 4. the riots from the extreme left that are destroying American monuments, burning books, calling to defund the police and that are supported by democrats. |
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Bad move. You don't play with old people's money. These old grandmas should have some cash that could be readily withdrawn anytime. They cannot do it with a very volatile Bitcoin. Any health related emergencies may suddenly arise anytime.
It would be all right if the funds are for the young men for their far future but not for the old men savoring their remaining days in this world.
Their money, their choice. They're at the end of their lives. If it were me I'd be blowing it all as fast as possible. Which means I wouldn't be very interested in Bitcoin either unless I believed a bubble was just around the corner so I could blow more. If I were an oldie, or more ancient than I am, buying BTC for my mewling vegetable descendants would appeal to me. However, is it really their choice? Was losing people's pensions on the mortgage backed securities market during 2008 also the choice of those people? |
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@Tash. The delays might have good reasons because the platform they are trying to develop is impossible without centralization.
I predict the Eth 2.0's beacon chain might become something similar to IOTA's centralized coordinator.
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