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5281  Economy / Gambling discussion / Re: The UFC Info and Prediction Thread on: June 07, 2020, 04:07:20 AM
Well, well, well....

Masvidal asked for a release from UFC if he's not going to get the fight and money he wants - Disrespected’ Jorge Masvidal aligns with Jon Jones, asks for UFC release

He said:
Quote
If I’m not worth it let me go. Why make me fight for half of what I made on my last fight because the other dude can’t draw? Don’t tell me about a pandemic when reports today show highest stock market has ever been. Everybody getting back to work and you buying an island. Stop playing us and the fans.

He then went on and threw shade at anyone who'll criticize his statements
Quote
Watch the company men and the UFC white knights come out and condemn my train of thought, You’ll quickly see who’s in their pockets.



Dana White's response:

Anybody that doesn’t want to fight doesn’t have to fight, including Masvidal and Jon Jones and all these other guys. It doesn’t have to be because of the pandemic. These guys are independent contractors. This isn’t like the NFL where I can make you: ‘You come to practice and you do this or you’re going to get fined or you’re going to get this.’ These guys can do whatever they want. They can say whatever they want.

… We’re not begging people to fight. We’re offering fights because in our contract, I have to give you three fights a year. You have the ability to turn them down and not take them.

^ In other words, no fighter is indispensable. Unless the organization becomes unionized, UFC can still do whatever they want.

I don't know about you but I think he deserves to get paid more but the timing of his demands was just off. Not at a time when the world economy is still recovering from the pandemic. Not at a time when the UFC probably spent more than ever to set up an event.


Jorge Masvidal wants to be Conor McGregor hehehe. He wore a similar Versace designer robe, created his own liquor brand and also wants Conor millions hehehe. He should win versus the Nigerian Nightmare first.
5282  Economy / Gambling discussion / Re: Las Vegas Casinos are open - end of the Pandemic era. on: June 07, 2020, 02:07:32 AM
The pressure from the casino owners might be too much for the mayor of Las Vegas hehehe. However, for a populated place, the cases of the coronavirus in Nevada is lower than the others. It might be easier to control the virus with proper social distancing rules and protocols.

They should copy what New Zealand is doing, I reckon. There were no strict quarantine rules imposed, only proper guidelines were followed.
5283  Economy / Service Discussion / Re: Cryptospace services news and updates on: June 06, 2020, 02:00:59 AM
It appears that the prosecutors from New York cannot probe their way into anything on their case versus Bitfinex. I speculate that they are presently using one of the tricks they do in the movies. Include its coconspirators in the prosecution and force them to talk hehehe.


Justin Sun, present owner of Poloniex

An amended class-action lawsuit has been filed against Bitfinex, Tether, and affiliated entities for allegedly manipulating the cryptocurrency market.

Crypto exchanges Bittrex and Poloniex have been added as new defendants in the updated lawsuit, filed on June 3 in the Southern District Court of New York. The initial lawsuit was filed in October 2019.

The 156-page amended lawsuit alleges that the defendants manipulated the crypto market by fraudulently inflating prices and caused “billions of dollars of damage” to traders.

“Tether issued billions of USDT to itself with no U.S. dollar backing—simply creating the USDT out of thin air,” the filing says. “Tether hid that fact by ‘selling’ newly issued USDT to Bitfinex. [...] Because Bitfinex and Tether were essentially the same, Tether could simply transfer newly issued USDT into its account on Bitfinex without receiving U.S. dollars in exchange, as was required from genuine customers.”

The amended lawsuit further alleges that Bittrex and Poloniex were “knowing participants in the scheme,” meaning they knew that Bitfinex was transferring large amounts of unbacked USDT to their exchanges.


Read in full https://www.theblockcrypto.com/post/67379/amended-lawsuit-filed-against-bitfinex-and-tether-for-allegedly-manipulating-crypto-market-bittrex-and-poloniex-added-as-new-defendants
5284  Bitcoin / Press / Re: [2020-05-13] An old privacy trick could solve Bitcoin’s privacy problem on: June 06, 2020, 01:37:52 AM
I like the enthusiasm, but we also need to add a touch of realism.  To say it "could solve Bitcoin’s privacy problem" is a tad oversimplified.  It solves one aspect, but there are plenty of other privacy issues to consider as well.  This Bitcoin Wiki page has enough material on the matter to keep people busy for a while.

Agreed. Cryptocoin anonymity and privacy will only be as good as how large its anonymity and privacy set is. Similar to an anonymity coin as zcash, its privacy score is bad because of its very small set of shielded transactions which should begin on the exchanges, I reckon.
5285  Bitcoin / Press / Re: [2020-05-30] China: Parliament passes law allowing inheritance of Bitcoin on: June 06, 2020, 01:13:44 AM
@gentlemand. It is not a choice, it should be avoided. This is not good news for bitcoin or any cryptocoin similar to how some people might interpret this as an act of acceptance by the Chinese government.

This would only be another way to monitor you and the movement of your wealth by an authoritarian government and you paid them for it hehehehe.
5286  Bitcoin / Press / Re: [2020-06-04] Bloomberg: “Bitcoin Toward $20,000 in 2020" on: June 06, 2020, 12:52:33 AM
If you read the article, then clearly you can see on what they based this speculation. They first cite the pandemic as a possible accelerator of "Bitcoin’s maturation as an asset", and then they add the story of how Grayscale is buying more new mined BTC than what is currently being produced. It’s all nicely packaged, but will one institution lead to a new ATH this year?

Tether is also mentioned in the article, and fact we have today $10 billion of USDT, compared to $4 billion in May last year. I’ve never liked the idea of someone printing digital money without them actually having real money coverage, in this case US $. It is a known fact that as far as Tether things are concerned, things are not very clean, and that a certain percentage of USDT is probably on the market without any basis for issuing it. If that means that someone will use such an asset to buy a BTC and pump up its price, and then sell it for a fiat - it is nothing but money laundering, that is, a legal replacement of the useless for the useful.

Agreed! It appears you might agree with the Big Short movie storyline for bitcoin to occur hehehe?

I made a thread about it in the speculation subforum. However many of them think it was FUD despite some evidence of dishonesty on tether.
5287  Alternate cryptocurrencies / Altcoin Discussion / Re: The Proof of Stake Alliance, your cryptocoins and the SEC on: June 05, 2020, 04:15:57 AM
In any case, while doing some reasearch on Coincheck hack, I remembered that 500 million Nemcoins were hacked from the exchange.

Are there people here from the Nem community? Would you speculate that this hack has caused the slow death of Nem because 500 million coins can disturb and negatively affect the platform's proof of importance staking protocol?

Exchanges might be a danger for proof of stake coins. This was shown in the Steem versus Hive war and the Mintpal hack of 2014.

Sources https://www.coindesk.com/coincheck-confirms-crypto-hack-loss-larger-than-mt-gox

https://www.coindesk.com/binance-ceo-cz-steem-centralized-exchange-hard-fork

https://www.coindesk.com/bitcoin-protected-vericoin-stolen-mintpal-wallet-breach

5288  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin blockchain wars? on: June 05, 2020, 03:36:23 AM
Agreed to the person in the quote hehehe. Why not use the much more scalable and faster blockchains of Tron and EOS?

However, this person might not have thought that all those scam projects were developed on Ethereum to slow it down hehehe. The blockchain wars.



REQUEST FOR ALL SCAM PROJECTS TO STOP CLOGGING ETHEREUM AND MIGRATE TO EOS OR TRON

Source https://twitter.com/rewkang/status/1268490841254842368
5289  Bitcoin / Press / Re: [2020-05-30] China: Parliament passes law allowing inheritance of Bitcoin on: June 05, 2020, 02:59:17 AM
@Ozero. It might be more advisable not to declare your bitcoins and sell some of your property to buy more bitcoins to hide wealth hehehe. No taxes paid and your wealth is kept from the eyes of an authoritarian government hehehe.
5290  Bitcoin / Press / Re: [2020-06-04] Bloomberg: “Bitcoin Toward $20,000 in 2020" on: June 05, 2020, 02:22:37 AM
I am skeptical about this. Did Bloomberg pay for Tom Lee's services as their new source for cryptospace analyis and predictions hehehe?


We are an independent research boutique, providing market strategy and sector research.

https://www.fundstrat.com
5291  Economy / Service Discussion / Re: Cryptospace services news and updates on: June 04, 2020, 04:23:02 AM
Are cryptospace exchanges never liable for hacked data, stolen coins and leaked information of users? This latest information breach leaked user data that includes your physical address. The hackers know where you live!

I shake my head.


Koichiro Wada, Founder of Coincheck

Japanese cryptocurrency exchange Coincheck announced on Tuesday that it suffered a data breach, which may have leaked users’ emails and personal information.

The information includes name, registered address, birth date, phone number and selfie ID, said Coincheck. The breach affected around 200 customers who made email inquiries from May 31 to June 1, the exchange added.

As of Coincheck, the exchange has previously suffered the biggest hack in crypto's history. In January 2018, Coincheck lost nearly $500 million in digital tokens. Japan-based online brokerage firm Monex Group later acquired Coincheck for $33.5 million, and the exchange is now a licensed entity.


Read in full https://www.theblockcrypto.com/linked/67278/crypto-exchange-coincheck-says-it-suffered-a-data-breach-which-may-have-exposed-some-users-personal-information
5292  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AEON: Cryptonote privacy, efficiency, decentralization, and stability on: June 04, 2020, 03:28:15 AM
This might be the future for the cryptospace and Aeon's only hope to grow, I reckon. Tradeogre appears to be one of them hehe. However, we need more.

@bigslimvdub. Are there further efforts from the community to have Aeon listed in those small exchanges without KYC?

@smooth. If I email some exchanges and they look for a developer, can I tell them to email you?



Could an overbearance of regulation divide the crypto space and create a “gray” market composed of unregulated exchanges, where digital assets trade at lower prices?

At a panel at Consensus: Distributed exploring the impact of the Financial Action Task Force (FATF) “Travel Rule,” Bakkt President Adam White said yes.

“We are going to see a bifurcation in the crypto space,” said White. “We are going to see white crypto; we are going to see gray crypto. And those different forms of crypto will most likely trade at different prices.”


Source https://www.coindesk.com/fatf-travel-rule-crypto-gray-markets
5293  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Grin Observer - GRN/BTC - Price Movement and Discussion on: June 04, 2020, 01:40:19 AM
@Hueristic. You should not be ribbing on cryptotourist. He might jump from a cliff without parachute hehe. He has been waiting for this moment since page 1 hehehehe.
5294  Bitcoin / Press / Re: [2020-05-30] China: Parliament passes law allowing inheritance of Bitcoin on: June 04, 2020, 12:06:54 AM
@gentlemand. There is certainly not a need to tell the authoritarian Chinese government your wallets and show them that you own any type of cryptocoin hehehe. Every Chinese citizen in the cryptospace should keep their privacy safe.
5295  Economy / Gambling discussion / Re: US Presidential Election 2020 on: June 03, 2020, 03:55:42 AM
There are rumors on the internet that there might be a foreign government and leftists that is supporting a group called Antifa to organize riots across America.

I am very certain that the riots will end before November and the truth or the storyboard of a truth will be exposed. If there is some evidence or there appears to be evidence that Antifa was really funded by the leftists, I reckon the independent voters, who decides the winner, would be convinced to move right towards Trump because they want security and stability first before leftist political agendas.
5296  Alternate cryptocurrencies / Altcoin Discussion / Re: The Proof of Stake Alliance and the SEC on: June 03, 2020, 03:17:21 AM
I reckon that another source of information to follow if your token is safe from the SEC is the Crypto Ratings Council. This group was founded by Coinbase and other influential people in the cryptospace with political connections.

Your investment is safe if it is listed in Coinbase hehehe.

https://help.coinbase.com/en/coinbase/getting-started/general-crypto-education/supported-cryptocurrencies.html



A preliminary assessment by the Crypto Rating Council (CRC) dated mid-April found that the tokens for Tron, Nervos and Polkadot could face a higher chance of being deemed securities. However, the scores have yet to be finalized and could differ once published.

In a token rating list dated April 16 and obtained by The Block, Tron, Nervos and Polkadot were each assigned a score of 4.75 out of a possible five. According to CRC's rating framework, each coin or token is scored in a range between one and five. "A score of 1 means the Council's analysis suggests the asset has few or no characteristics consistent with treatment as an investment contract, and therefore not a security under the U.S. federal securities laws," the group's website explains. "A score of 5 means the Council’s analysis suggests that an asset has many characteristics strongly consistent with treatment as a security."


Read in full https://www.theblockcrypto.com/post/64569/crypto-ratings-preliminary-scores-trx-dot-ckb
5297  Economy / Speculation / Re: Bitcoin Surge - What is happening? on: June 03, 2020, 02:32:33 AM
It appears that we might also have a new Tom Lee indicator. His name is Anthony Pompliano. The dump occured 16 hours after this announcement he made on Twitter hehe.



Source https://twitter.com/apompliano/status/1267604444650315776
5298  Bitcoin / Press / Re: [2020-06-01] McAfee backs down from wild Bitcoin $1 million price prediction on: June 03, 2020, 01:09:25 AM
~
What idiot could believe such nonsense?” tweeted the 74-year-old yesterday about his lofty prediction. Who on Earth would believe that “Bitcoin, the most crippled crypto-tech,” would rise to the high price of $1 million?

McAfee, who has doubled down on his claim several times, was pulling our leg. “Wake up!” he wrote in his tweet. “If Bitcoin ever hit $1 mil, it's market cap would be greater than the GDP of the entire North American Continent.”[/i]
~

It looks like he's talking to himself, because no one apart from him believed his nonsense about $1 million. And when you start talking to yourself, well, maybe it's time to retire. Smiley

Agreed! Many people were already laughing at him when he tweeted his formula that he claimed to have been working for years hehehe. When everyone has witnessed that he was wrong, he calls the people that believed and trusted him idiots.
5299  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Grin Observer - GRN/BTC - Price Movement and Discussion on: June 02, 2020, 05:02:24 AM
Has everyone dumped and left hehehe? This might be Grin's strongest market manifestation in all of its very long 1.3 years in existence and you are not here to witness it!

5300  Bitcoin / Bitcoin Discussion / Re: Bitcoin should never become fully anonymous- don't fool yourself on: June 02, 2020, 04:31:27 AM
@ChiBitCTy. The government agrees with your statement hehehe.

In any case, I read this new article. This might be relevant to the thread on having anonymity and privacy without changing anything.



Chris Belcher, an independent developer whose Github’s history shows hundreds of commits across various Bitcoin-centric applications, released his new implementation proposal for CoinSwap last week.

Belcher’s approach builds on CoinSwap’s earlier solution — that of utilizing a “swap” method to conduct transactions. At the time, the framework relied on conducting transactions via an intermediate wallet instead of a direct transfer, causing wallet addresses to be “masked,” effectively.

But the protocol proved to be difficult to implement and never came to fruition, notes Belcher. A relevant Bitcointalk thread has not shown activity since 2016, meaning the project was, indeed, left abandoned.

However, the Bitcoin developer noted CoinSwap holds “great promise,” and is the “next step for on-chain bitcoin privacy.”

Meanwhile; Belcher noted the approach may look similar to the Lightning network but features several improvements over the latter. One is presenting better liquidity for users, with Belcher stating “it’s hard to imagine the Lightning Network will ever reliably” route a 200 Bitcoin transfer to any node in the Bitcoin protocol.


Read in full https://cryptoslate.com/this-bitcoin-developer-is-using-swaps-to-solve-btcs-long-running-pseudonymous-privacy-issue/

Source https://gist.github.com/chris-belcher/9144bd57a91c194e332fb5ca371d0964
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