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5321  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
5322  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.
5323  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
5324  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/
5325  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.
5326  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.
5327  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.
5328  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.
5329  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.
5330  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
5331  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.
5332  Alternate cryptocurrencies / Speculation (Altcoins) / Re: SUMO - Last good time to buy? on: June 18, 2020, 02:24:01 AM
@Germining. Aeon might also be a cryptocoin to your liking hehehe. Also a Monero fork maintained by 2 Monero developers, lead developer smooth and Monero Research lab developer stoffu.

In any case, someone is presently pumping it. We do not know who it is or they are however. I speculate that it might be a miner's pump.
5333  Bitcoin / Press / Re: [2020-06-10]Pentagon Docs Reveal The U.S. Has Planned For A Bitcoin Rebellion on: June 18, 2020, 01:59:29 AM
@Harlot. You misunderstood. It is not about a rebellion against bitcoin. It is a rebellion where bitcoin is used as the main source of funding by the dissenters.

Also, there is no type of legal action the American government can do on how to stop person to person bitcoin transactions. It will be a dangerous precedent for free speech.
5334  Bitcoin / Bitcoin Discussion / Re: Coinsquare CEO allegedly ordered its employees to make fake trades on: June 17, 2020, 03:48:35 AM
I'm really not surprised that some exchanges do this in my opinion(along with wash trading). If you sort the exchanges on Coinmarketcap through 24hr volumes, there are a good number of unknown exchanges near the top.

https://coinmarketcap.com/rankings/exchanges/

Agreed! Stricter regulations on the cryptospace are coming in Canada hehehe.

However, would everyone be surprised if some of the exchanges might be a part of a global money laundering ring? It appears anything is possible in the cryptospace.

This should be implemented around the globe but seems this regulation is hard to get up since there are so many unlicensed exchange popping up these days.

Also, the future of cryptocoin trading might be on gray markets. Small exchanges that do not ask KYC documents from users.

I reckon that darknet exchanges in Tor might be the next course in a world of stricter than strict regulations on the cryptospace.

@pooya87. However, that might be what some exchanges are, fiat launderers. Also, it will not be surprising for me after following BTCe and Alexander Vinnik closely.
5335  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AEON: Cryptonote privacy, efficiency, decentralization, and stability on: June 17, 2020, 03:25:11 AM
Has anyone heard of something? I speculate that this present pump on Aeon might be a miner's pump.

@smooth, @stoffu. Did Asic chip manufacturers inquire about K12 hehehe? That might be good news hehehehe.
5336  Economy / Service Discussion / Re: Cryptospace services news and updates on: June 17, 2020, 02:59:43 AM
It appears that there might be a beginning of a war of the exchanges hehehe. However, why would this leak easily to bitcoin news media? I reckon that this might only be a show from Changpeng Zhao.

In any case, waiting for updates hehe!


Changpeng Zhao, CEO of Binance

In an internal note sent out today and obtained by The Block, Binance CEO Changpeng Zhao (CZ) lashed out at unnamed Chinese competitors, accused them of "trying to attack" the exchange, and told the company's employees that Binance will defend itself.

The note, whose authenticity was confirmed by multiple Binance employees, was written in both English and Chinese. It starts by stating that Binance's Chinese competitors "are desperately trying to attack us, using unprofessional methods."

In the note to staff, Zhao suggested that competing exchanges attack Binance because they mistakenly think the exchange does not have "strong [government] relationships" in China.
 
"They may feel this will hurt us, thinking we don’t have strong gov relationships in China. Both are wrong. We never proactively attack others, but we will absolutely defend ourselves, including defensive offense," the note reads.


Source https://www.theblockcrypto.com/post/68428/a-leaked-note-from-cz-to-binance-staff-says-the-exchange-will-defend-itself-against-desperate-chinese-competitors
5337  Economy / Exchanges / Re: [NEWS] Hackers blackmail exchange with $5 million of Ethereum fees on: June 17, 2020, 02:17:01 AM
TL;DR: Laundering stolen/grey ETH makes more sense than the blackmail story.

You'd better have an absolute stranglehold over mining if you attempt this or some other pool will scoop it up instead. And if these coins are red hot then no sensible pool will hand it back either. None of it makes sense but money laundering via fees doesn't either.

Agreed.

It also appears that mining pools can also freeze the fee payment and wait for someone to contact them if this was a mistake. The real sender never said anything, however. The coins have been distributed.



A mining pool has called time on the wait for an ether whale to reach out after making a transaction with an unusually high fee worth in the millions of dollars last week.

Bitfly, the company behind the Ethermine pool, announced Monday it had opted to distribute a total of 10,668 ETH (now worth just under $2.4 million) in transaction fee to miners that were active at the time the transaction went through last Thursday.


Source https://www.coindesk.com/mining-pool-distributes-fee-mysterious-ethereum-crypto-transaction
5338  Economy / Gambling discussion / Re: US Presidential Election 2020 on: June 16, 2020, 04:04:12 AM
@Vishnu.Reang. Also, what states have the highest cases of the coronavirus and the highest projected cases of the virus on November? Blue states or red states?

The democrats also want to defund the police. Minneapolis has begun doing this. What would be its effect on independent voters?

LOL.. They want to disband the police force? There can't be anything more lunatic than this. A country such as the United States won't be able to function without the police force. This is pure insanity.

From what I have seen, the pandemic is affecting the blue states more than the red states. Even in the red states, the impact is being felt more on counties where the African-Americans, Hispanics and Amerindians make up substantial portion of the population. A few examples are Hancock County (GA) with 3.5 deaths per 1,000 people and McKinley (NM) with 2 deaths per 1,000.

Yes some democrat politicians support defund the police. However, there are some moderate democrat voters who are protecting historic landmarks and denounce the politicians that support the destruction of the extreme left. They might begin to support Trump, I reckon.
5339  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [AEON] Aeon Speculation on: June 16, 2020, 02:27:56 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 use case is same as Monero. If opaque ledger cryptocurrencies will prevail, then AEON will have much higher marketcap and will do perfectly fine.  If something bad happen to Monero and AEON have few things different then Monero have and I am sure will have more in the future, then AEON will super moon. That is how I see it.

Aeon also has a slimmer blockchain than Monero and it will continue to be slimmer because RingCT code was not activated. This might not appear as an advantage at present, however, it will certainly be different after 5 years hehehe.
5340  Bitcoin / Bitcoin Discussion / Re: Coinsquare CEO allegedly ordered its employees to make fake trades on: June 16, 2020, 01:49:21 AM
I'm really not surprised that some exchanges do this in my opinion(along with wash trading). If you sort the exchanges on Coinmarketcap through 24hr volumes, there are a good number of unknown exchanges near the top.

https://coinmarketcap.com/rankings/exchanges/

Agreed! Stricter regulations on the cryptospace are coming in Canada hehehe.

However, would everyone be surprised if some of the exchanges might be a part of a global money laundering ring? It appears anything is possible in the cryptospace.
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