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5221  Economy / Gambling discussion / Re: US Presidential Election 2020 on: June 23, 2020, 04:31:16 AM
Yesterdays rally in Tulsa didn't help Trump, Bidens odds have even gone further down to around 1.80 now. The upper decks in BOK Center were mostly empty and an outdoor speech was cancelled.


Source: https://www.newshub.co.nz/home/world/2020/06/trump-s-tulsa-rally-empty-seats-outdoor-speeches-cancelled-after-poor-turnout.html

While I think it's understandable that a lot of seats remained empty - who wants to be indoors with 19k other people during these times - I am surprised by the cancellation of the outdoor speech due to underwhelming crowd, since being in a crowd outdoors is not that risky and you can distance yourself better. Republicans say it was due to protestors, fake news etc., but the betting markets reacted nonetheless.

I didn't watch it all yet, just some parts, but Trump said, that he asked for the Corona testing to be slowed down, to not have that many cases. Now a lot of countries have their own methods to make the numbers look good/better - China is only counting symptomatic cases - which is just part of politics I guess, but publicly stating such things, is just stupid Cheesy

Trump's online stream and tv viewers reached 11 million according to Neilsen ratings, however. The Democrats should not commit a similar mistake of overconfidence that they have done on 2016 with Hillary.

I speculate that the silent majority and some moderate democrats might vote for Trump because they do not want violence, book burning and the destruction of their culture. This is an issue many Democrats are ignoring and some are supporting.

This speech was funny hehehe.

https://www.youtube.com/watch?v=JdiqyKm0UwU
5222  Alternate cryptocurrencies / Altcoin Discussion / [NEWS] Money Reimagined: Ethereum’s Renaissance Creates an Opportunity on: June 23, 2020, 03:35:17 AM
This article is making it appear that Ethereum is better and more utilized than bitcoin for real utility while making it appear that bitcoin's activity is done only for speculation.

However, what the writer of the article did not mention is the leading smart contract in Ethereum that gives it utility is a ponzi scheme hehehehe.



As Ethereum prepares to celebrate the five-year anniversary of its mainnet launch on July 31, billions of dollars in value rest on that question. Specifically, on whether the all-important Ethereum 2.0 scaling project can be successfully launched and integrated into its existing architecture.  

By most measures, the Ethereum ecosystem is undergoing an impressive growth spurt. Record-breaking “gas” usage for smart contract and payment executions has now put Ethereum’s daily transaction fees totals above those of bitcoin. A strong rally in the price of ether (ETH) means Ethereum’s native token is among just a few leading cryptocurrencies, including bitcoin, Cardano’s ADA and Stellar’s XLM, to have more or less shaken off the sharp crypto selloff seen in March. And the amount of second-tier value locked into Ethereum smart contracts is ballooning, with total daily value transfers on Ethereum reaching that of Bitcoin in April.

According to analysis by Glassnode, the majority of ether transactions are now used to pay for a variety of smart contact commands rather than simple monetary exchanges between so-called externally owned accounts. That, along with a reduction in large-scale “whale” ether accounts, suggests transactions on Ethereum are now more connected to utility than to speculative activity.


Read in full https://www.coindesk.com/money-reimagined-ethereums-renaissance-creates-an-opportunity-major-test

Source https://insights.glassnode.com/ethereum-fees/
5223  Economy / Exchanges / Re: Bittrex Officially Announces New Features and Benefits for Users on: June 23, 2020, 02:46:57 AM
Bittrex is preparing for the bull market. Similar to 2017, the next bull market might witness an all time high of cryptocoin purchases through credit card debt and cash advances hehehehe.



As of today, Bittrex Global will accept Mastercard transactions by users looking to fund their exchange accounts.

Credit and debit cards are the most common payment method globally.

Accepting them is, in this modern day and age, virtually necessary to play any role of significance.

For the time being, Bittrex Global will accept this payment method from users in 36 countries


Source https://nulltx.com/bittrex-global-users-can-now-fund-their-account-with-mastercard/
5224  Bitcoin / Press / Re: [2020-06-10]Pentagon Docs Reveal The U.S. Has Planned For A Bitcoin Rebellion on: June 23, 2020, 02:13:33 AM
@Harlot. Also, bitcoin can also be considered a software message passing system similar to whatsapp, facebook messenger and also the bank's SWIFT is a message passing system.

The government must be careful on how they regulate bitcoin because it might create dangerous precedents.

@gentlemand. https://repository.law.miami.edu/cgi/viewcontent.cgi?article=4591&context=umlr
5225  Economy / Service Discussion / Re: Cryptospace services news and updates on: June 22, 2020, 02:45:38 AM
This is not news from a service in the cryptospace, however, this scandal is very similar to the scandals we have witnessed on exchanges.

I reckon that Wirecard AG should create a partnership with Bitfinex and ask them to print $2 billion USDT for them hehehehe.

Also, crypto.com CRO token is pumping. Wirecard is their payment card issuer. I shake my head.


Mark Tolentino, Trustee 2 of Wirecard

A financial scandal has rocked Germany as its fintech darling comes crashing following revelations some $2.1 billion, about a quarter of its assets, has gone missing.

Fingers are now being pointed towards Mark Kristopher G. Tolentino (pictured), the so called “Trustee 2” who managed this money and apparently is not responding.

According to a mainstream German daily, after being appointed as trustee in late 2019 Tolentino is said to have opened six accounts for Wirecard with the Bank of the Philippine Islands (BPI) and BDO Unibank.

When KPMG auditors went to talk to these banks however, BPI told them there are no business relationships with Wirecard, while BDO said Wirecard is not a customer.

Wirecard is a financial company founded in 1999 that through a subsidiary was also an issuer for crypto payment card providers Crypto.com and TenX.

FT alleged in January 2019 that a senior executive was suspected of “falsification of accounts” and “money laundering,” with Wirecard launching a lawsuit in response for “unethical reporting” and market manipulation.


Source https://www.trustnodes.com/2020/06/21/mark-tolentino-the-2-1-billion-wirecard-thief
5226  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [AEON] Aeon Speculation on: June 22, 2020, 02:07:14 AM
I assume the percentage of block bloat might grow exponentially while transaction volume grows? It might be the best decision to leave RingCT inactivated, I reckon hehehe.

Lightweightedness for cryptonote is very undervalued and a very underestimated feature needed for adoption.
5227  Economy / Speculation / Here’s the Case for Bitcoin (BTC) Rise to $180,000, According to Weiss Ratings on: June 22, 2020, 01:21:12 AM
Where is Tom Lee? Similar to him, the people in the cryptospace has not heard of the name Paul Tudor Jones before hehehe.

In any case, institutions are the most dangerous types of investors. They were the cause of the financial crisis of 2007 - 2008.


Paul Tudor Jones, hedge fund manager

Weiss Ratings, a US-based investment data firm, is laying out what it will take for Bitcoin to hit $180,000.

In a new review of the top cryptocurrency, the firm says the financial world is beginning to wake up to the true potential of BTC as a safe-haven asset. Weiss points to growing demand for shares of the Grayscale Bitcoin Trust as a sign of rising institutional interest.

Weiss believes the entry of billionaire hedge fund manager Paul Tudor Jones into the Bitcoin futures market shows institutions are paying increasing levels of attention to the crypto markets. The firm calls BTC the “one safe-haven asset with the most profit potential” in an environment where central banks print money at will.


Read in full https://dailyhodl.com/2020/06/21/heres-the-case-for-bitcoin-btc-rise-to-180000-according-to-weiss-ratings/
5228  Bitcoin / Press / Re: [2020-06-10]Pentagon Docs Reveal The U.S. Has Planned For A Bitcoin Rebellion on: June 22, 2020, 12:46:12 AM
@figmentofmyass. Agreed! However, I reckon that the whole gray market might never be bigger than the legal market. It might become only big enough to be good alternative.

I have been encouraging smooth and others in the Aeon community to apply for listings on exchanges that do not ask for KYC hehehe.
5229  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [AEON] Aeon Speculation on: June 21, 2020, 03:18:32 AM
@smooth. Syncing a Monero node becomes slow beginning on the height when RingCT was activated. A sacrifice done for privacy. However, it improved with bulletproof.

How much bigger would blocks become in Aeon with RingCT and bulletproof?
5230  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: June 20, 2020, 02:53:37 AM
The democrat supporting liberal left people in mainstream media has again put their noses where it should not be. The Patriots have been called the Patriots for 60 years. Why would they change their brand because a few communists demand it?

Also, why did the Washington Post editor approve this article? I shake my head.


The Washington Post published an editorial today calling on the New England Patriots to change their team name due to its association with the United States of America.

The article called for the Patriots to change their team name immediately to something that doesn't imply they are proud of their country.

"The negative associations with the horrible country of America should be left in the past," the editorial board wrote. "This name is very offensive to austere religious scholars in other countries, liberals, and Canadians. We must call on the NFL to do better, to be better."

"They must change the name to something that signals that they are not proud to live in this country."


Source https://babylonbee.com/news/washington-post-calls-on-patriots-to-change-offensive-name
5231  Economy / Gambling discussion / Re: US Presidential Election 2020 on: June 20, 2020, 02:28:20 AM
You know whats sad about Trump? He might have done all of those things listed and nobody would be shocked. The trouble with Trump supporters is that they would find a way to justify anything, and I mean anything just so Trump would continue to be president. They would rather live in a bad country ruled by the person they voted for instead of ruled in a good country ruled by a person they didn't voted for.

You can have the greatest nation in entire history with a democrat president (you won't) and republicans will still hate them, or you could have millions of people starving to death with tens of millions of people homeless but as long as it is republican they would be fine. That is why they win so much of senate and house and even produce presidents in turns, because democrats do blame themselves when they do a mistake which causes them to lose votes but republicans will always vote republican, not matter what.

You should also read about the hypocrisy of the democrats. I reckon that the silent majority knows this and the polls do not represent what they might mark on the ballot.

Also, after the beginning of the riots, what does everyone reckon on a Bernie candidacy instead of Biden? Bernie might have stepped down early hehehe.
5232  Bitcoin / Bitcoin Discussion / Bitcoin is another type of fiat money according to the New York Fed on: June 20, 2020, 01:31:18 AM
I am shaking my head. This classification is clearly wrong, however, why do this and why now?

I speculate that this might be a sign of desperation. However, it might also be a sign that the American government might do another round of attacks against the cryptospace because the digidollar is coming soon hehehe.


Michael Lee of the Federal Reserve Bank of New York

An editorial for the New York Federal Reserve’s Liberty Street Economics blog just classified Bitcoin as “another example of fiat money.”

In a post entitled “Bitcoin is Not a New Type of Money,” New York Fed Research and Statistics economist Michael Lee and Research and Statistic’s group Senior Vice President Antoine Martin envision money in three categories: fiat, asset-backed, and claim-backed.

Lee and Martin classify “fiat money [as] intrinsically worthless objects that have value based on the belief that they will be accepted in exchange for valued goods and services.” Incredibly, they assert that central-bank issued currencies are not pure fiat because of their “legal tender status.” They then go on to label Bitcoin, which the CFTC has classified as a commodity, as a fiat currency.

“Examples of fiat money without legal tender status include Rai stones or Ithaca HOURs. And Bitcoin is just another example of fiat money.”


Read in full https://decrypt.co/32940/new-york-fed-bitcoin-fiat-money
5233  Alternate cryptocurrencies / Altcoin Discussion / [NEWS] XRP Isn’t A Security, Declares Former CFTC Chairman on: June 20, 2020, 12:52:14 AM
This is the man protecting Ripple from the security classification through his political connections.

It should also be mentioned to everyone that Mr. Chris Ginacarlo works for a big law firm that Ripple hires for their legal necessities. He is paid in XRP tokens hehehehehe.


Chris Giancarlo, after receiving his XRP payment

Now chairman emeritus Giancarlo, who was deemed “Crypto Dad” following an impassioned speech he gave to Congress where he credited bitcoin for finally getting his kids interested in finance, is at it again, having co-written a detailed argument published this morning in the International Financial Law Review for why XRP, the cryptocurrency formally known as “ripples,” was also not a security. The only problem is he’s no longer a regulator. In fact, his employer is on the payroll of Ripple, the largest single owner of XRP, whose co-founders actually created the cryptocurrency.

The bombshell paper, titled, “Cryptocurrencies and U.S. Securities Laws: Beyond Bitcoin and Ether,” co-authored by commodities lawyer Conrad Bahlke of New York law firm Willkie Farr & Gallagher LLP, methodically reviews the criteria of the Howey Test, established by the SEC in 1946 to determine whether something is a security, and point-by-point argues that XRP does not qualify.


Read in full https://www.forbes.com/sites/michaeldelcastillo/2020/06/17/xrp-isnt-a-security-declares-former-cftc-chairman/
5234  Economy / Gambling discussion / Re: US Presidential Election 2020 on: June 19, 2020, 06:27:42 AM
These new accusations from John Bolton against Trump are really funny, if true Grin

According to Bolton, Trump, among other issues, .....

  • asked Xi for help to getting re-elected
  • often acts with gut feeling and ignorance in foreign affairs
  • was once asking, if Finland belongs to Russia
  • didn't know that UK had the bomb
  • seriously considered leaving the NATO

Now we don't know what is really true about that all and I think such things do not only happen in US/Trump. Thats why they all have advisors and big staff to take care of them - without them, lots of leaders would be lost imo Grin

Trump of course called all that bs in TV and on his Twitter account:


Source: https://twitter.com/realDonaldTrump/status/1273468029712707584

I would miss Trump, if he doesn't get re-elected, for entertainment purposes, it's a good show. Sometimes reminds me of the drama inside this forum.

I am skeptical about John Bolton's timing. Sometimes in politics, a politician orders his own people to attack him with fake news only to prove to everyone that they are fake news. This changes the people's perception on the real issues as also fake news which also causes distrust on the people and the news outlets that are attacking the politician.
5235  Economy / Gambling discussion / Re: The UFC Info and Prediction Thread on: June 19, 2020, 05:41:06 AM
8 cm is not a huge difference  Grin He is even 2kg heavier - does is makes him slower also ?  Grin Just kidding.
If he is not really comfortable to 114 kg. as his weight then I can say yes. Fighters cannot feel that 2 kg. in the early rounds but they might suffer when the late rounds come. Such factor could lead to decrease in cardio, lowered guards and decrease in power Wink.



Have you already heard that Gustaffsson will now climb up to HW division? And his first opponent would be the former HW champion Fabricion Erdum, pretty interesting isn't it? Article

I hope this news encourages Bones to do the same thing for real.

Jon Jones wanted to go to heavyweight also, however, Dana did not want to pay Jon the $15 million that Jon was asking to fight Francis Ngannou.

In any case, also wait for the return of Anthony Johnson, another light heavyweight fighter that might return as a heavyweight.
5236  Economy / Gambling discussion / Re: 2020 NBA Season on: June 19, 2020, 05:01:48 AM

 They are definitely hit financially but not enough to be incapable of paying 3 million dollars for hotel expenses. NBA itself could pay those if they want to with all the sales they get and all the licenses and tv rights and so forth. However do not forget that team owners are not just doing this as a job, they also usually have other jobs they make money as well and 3 million dollars for a person who owns a team that worths over a billion dollars is usually nothing, not even increase of the teams value which would be tenfold each season at least. So at the end of the day they will definitely pay it up easily without a problem, hell having 8 games would cover that 3 million dollars alone with tv rights alone even if no fans and no merchandise sales.

Agreed. Similar to what Dana White of the UFC has told everyone in a press conference, continuing to produce live sports is more expensive than closing down during this pandemic.

If this is true, then why did they resume the UFC?
 
Maybe it's true that it's expensive but they would not resume if they are not profitable, they have a big expense, so they need to exceed that with their income so they will operate profitably.

Compared to not resuming at all, no expenses or less expenses but people working on UFC does not have income, so they will struggle.

Dana considers the expenses similar to an investment. The ratings of the UFC has risen compared to before the coronavirus. It introduced mixed martial arts to new viewers because Dana is the only sports commisioner offering live sports.

The investment might create more profit back later after the pandemic.
5237  Bitcoin / Press / Re: [2020-06-10]Pentagon Docs Reveal The U.S. Has Planned For A Bitcoin Rebellion on: June 19, 2020, 04:36:01 AM
@gentlemand. However, every politician and government would go after bitcoin. This is not new to us. I reckon John Bolton, similar to the other people that support the democrats or the skeptical me would think, paid by the democrats, only wants to destroy Trump's reelection bid.
5238  Economy / Gambling discussion / Re: 2020 NBA Season on: June 18, 2020, 04:48:21 AM

 They are definitely hit financially but not enough to be incapable of paying 3 million dollars for hotel expenses. NBA itself could pay those if they want to with all the sales they get and all the licenses and tv rights and so forth. However do not forget that team owners are not just doing this as a job, they also usually have other jobs they make money as well and 3 million dollars for a person who owns a team that worths over a billion dollars is usually nothing, not even increase of the teams value which would be tenfold each season at least. So at the end of the day they will definitely pay it up easily without a problem, hell having 8 games would cover that 3 million dollars alone with tv rights alone even if no fans and no merchandise sales.

Agreed. Similar to what Dana White of the UFC has told everyone in a press conference, continuing to produce live sports is more expensive than closing down during this pandemic.
5239  Economy / Exchanges / Re: [NEWS] Hackers blackmail exchange with $5 million of Ethereum fees on: June 18, 2020, 03:54:02 AM
News update.

The owner of the wallet that paid $5 million in transaction fees might be a ponzi scheme called Good Cycle. This might be the reason why they never tried to contact the mining pool hehehe.

Another wallet researcher has said that it might only be a bug, however.



Researchers at blockchain analytics platform PeckShield have found out who owns the Ethereum address that, for some reason, paid $5.2 million in fees to send just two transactions last week. They have identified the owner as a small, peer-to-peer crypto exchange in Korea, called Good Cycle, and suggest that it could be operating a Ponzi scheme.

“So the million-dollar txfees may actually be blackmail. The theory: hackers captured partial access to exchange key; they can't withdraw but can send no-effect txs with any gas price. So they threaten to "burn" all funds via tx fees unless compensated,” Ethereum co-founder Vitalik Buterin tweeted about the research.


Source https://decrypt.co/32604/heres-who-paid-5-2-million-in-ethereum-fees-last-week
5240  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [AEON] Aeon Speculation on: June 18, 2020, 02:41:32 AM
aeon consolidating not so badly its recent price increase:

https://www.coingecko.com/fr/pi%C3%A8ces/aeon#markets

What are AEON use use cases? To adopt the use of AEON will mean innovative thinking and collaboration and partnership.

Aeon is one of the few, if any, CryptoNote coins without RingCT and Bulletproofs. If a venerability Or exploit were Found in this code, almost all CN coins would be affected except Aeon.

So many coins forked from monero and or just created from copy pasting monero code to say they aren’t a direct fork, can become obsolete from a major exploit in this code. It’s nice being in the sidelines due to this while still maintaining a private blockchain.

 

I would not begin to think or assume that there are vulnerabilities on RingCT on Monero. The Monero developers stand with the best in the cryptospace.

The advantage of not activating RingCT in Aeon is for the blockchain to remain smaller and more manageable. This advantage will be witnessed in 5 years, I reckon.
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