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5601  Bitcoin / Press / Re: [2020-03-06] Bitcoin is 'digital gold,' says Finder co-founder on: March 13, 2020, 03:14:45 AM
@hv_. In all honesty and sincerity, I fail to see how Satoshi's pure BitCoin can be more industrial than smooth's Aeon.
5602  Economy / Speculation / Re: Let's stop PANIC SELLING Bitcoin on: March 13, 2020, 02:08:28 AM
People stacking toilet papers and hand sanitizers by selling their assets even bitcoin. Tongue

The panic button is on right now could be a whale action so everyone make your strategies now to make profits.The smart investor mind will buy coins now to make huge profits when the market returns back to normal position.

I reckon you do it the reverse way. You sell toilet papers and hand sanitizers with +1000% increase and buy bitcoin with the profit and do the cycle again hehehe.
5603  Economy / Gambling discussion / Re: The UFC Info and Prediction Thread on: March 13, 2020, 01:35:19 AM
I reckon Dana might be shaking his head vigorously because Khabib versus El Cucuy might be at risk to be cancelled again hehehe.
5604  Economy / Gambling discussion / Re: 2020 NBA Season on: March 13, 2020, 01:00:38 AM
I speculate the NBA commisioner will declare that the regular season will not be played in full to let the playoffs begin on time. The present top 8 on each conference might be the top 8 by the end of the regular season with only a small difference on the bottom 2.
5605  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Grin Observer - GRN/BTC - Price Movement and Discussion on: March 13, 2020, 12:18:02 AM


All-in now?  Grin

I reckon wait to go lower considering the present mood of this market hehehe.

@Globb0. Yes I still believe in this. I reckon Grin is doing the fixes that bitcoin needs, however cannot do and it appears that some of the original bitcoin miners agree.
5606  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AEON: Cryptonote privacy, efficiency, decentralization, and stability on: March 12, 2020, 04:21:49 AM
@bigslimvdub. We were talking about Steem, a delegated proof of stake coin. It is not a fork of Monero hehehe.

In any case, @smooth, I asked this similar question on the Grin announcement thread. Is Aeon ready to be an anonymous enough cryptocoin to be the primary medium of exchange in the forum for privacy protection and unlinkability?
5607  Bitcoin / Press / Re: [2020-03-06] Bitcoin is 'digital gold,' says Finder co-founder on: March 12, 2020, 03:59:10 AM
@hv_. Is that a joke? Also, is that a different coin spelled with a capital c hehehe?

In any case, if there was any cryptocoin that was ready to be industrial why has it not become used industrially? I reckon that I can say similar with my coin, Aeon. I reckon I can also say Aeon is more ready for industrial use than your BitCoin.
5608  Alternate cryptocurrencies / Speculation (Altcoins) / Re: STEEM will rise again on: March 11, 2020, 03:15:07 AM
Binance CEO Admonishes Justin Sun Over Steem Fiasco: ‘Transparency Works’

“I told him already directly, explain what you are trying to do to the community and get support first, then do it. Transparency works.”

https://cointelegraph.com/news/binance-ceo-admonishes-justin-sun-over-steem-fiasco-transparency-works

I had an informative discussion with @smooth on the situation.

https://bitcointalk.org/index.php?topic=5229982.msg53991504#msg53991504

https://bitcointalk.org/index.php?topic=5229982.msg53998155#msg53998155

He is a Monero and Aeon developer, who was also a Steem witness before Justin bought Steemit and the premined coins.
5609  Alternate cryptocurrencies / Altcoin Discussion / Re: [NEWS] Did Binance just help Justin Sun take over the Steem network? on: March 11, 2020, 02:37:24 AM
@smooth. Thank you! I would assume that Justin Sun and his team are the parties at fault in the situation because it appears that he did not do any research about Steemit and the history behind the premined coins he is buying. Also, if he did his research it was very stupid of him to try to force his own plans on the Steem community without consensus.

I reckon Ned Scott might have tried to use Justin to do what he cannot do. Control Steem.
5610  Economy / Speculation / Re: [2020-03-11] Bitcoin Price Below $8,000 Again — Will Bulls Buy the Dip This Tim on: March 11, 2020, 01:29:42 AM
@alani123. What do I think? It might be the best time for the bitcoin whales maximalist to become united and prove their safe haven store of value storyboard to be correct. Pump the price, pay journalists to do the hype, do anything to prove they are right hehehehe.
5611  Bitcoin / Press / Re: [2020-03-06] Bitcoin is 'digital gold,' says Finder co-founder on: March 11, 2020, 12:31:35 AM
@hv_. I have said already that we should stop classifying bitcoin. In any case, what coins do you reckon are ready to go industrial that will not die?
5612  Alternate cryptocurrencies / Altcoin Discussion / Re: [NEWS] Did Binance just help Justin Sun take over the Steem network? on: March 10, 2020, 01:42:39 AM
It appears the real scammer on this issue is really Ned Scott, the former ceo of the Steemit foundation. He sold all the premined steemcoins to Justin without telling him the history and the verbal agreement of those coins have on the community. Those coins were never for the intention of voting. They are for marketing and development.

Also, the votes to freeze Justin's coins were only to freeze it only from voting. There were not stolen or locked.
interesting to hear that. how about due diligence? did justin not do his homework and DYOR on the project before buying it?
i don't think he is such an inexperienced business man. Cheesy

I do not know. However, yes he and Ned Scott might be trying to be naughty and know if they can get away on doing it hehehe.

In any case, this issue has grown more. It appears both sides of this war might be telling lies.



Q1: Justin Sun claims that some witness froze his 65m coins, not just blocked from governance, but not even allowed to transfers. This has happened on Feb 22. Is it true?

Q2: Justin thinks the company has the right to use those coins, but some in the community seems to think there was a promise that those coins would never be used. What’s the history/story here? I have not seen any evidence of promise not to use those coins.

Q3: There seem to be an attempt to completely destroy those 65m coins. Just a pull request, not voted yet. https://github.com/steemdev/steem/pull/1

Is this a good/right thing to do?

Q4: What does concern me is, there seem to be an attempt to freeze Binance (and other exchange) user funds as well, or at a minimum block them from voting. https://github.com/SteemDevs/steem/blob/0.22.6/libraries/protocol/hardfork.d/0_22.hf

Is this true?


Source https://twitter.com/cz_binance/status/1236373818068930561

#1-2. There are many posts and comments on Steem about this (including some from me, see below), I don't really want to rehash it all. Except as you say many claim it is a sort of dev fund (which I personally agree with for many reasons and IMO there is more than ample evidence to support this). Witnesses and supporting stakeholders implemented a soft fork to temporarily prevent transfers from the account so it couldn't be drained in what would be, if you view it as a dev fund, an exit scam. Also, the only way to prevent voting is also to prevent transfers otherwise the coins can be moved to another account and voted there. The exact same issues have arisen prior to Justin's buyout of Steemit Inc (see below), so this is nothing new and not personal to Justin.

#3 is wrong. First that PR on a non-official repo is over a year old (addressing much the same issues as #1-2, at a time when the community had lost faith in Steemit Inc and its former managements handling of development, which is further evidence that the issues pre-dated Justin's acquisition of Steemit and he should have been aware of it). Second, as a 100% factual matter (which can be verified by anyone who understands the code), it does not completely destroy any coins and in fact would be a similar temporary soft  fork if it had ever been implemented (which it was not). Flat out, whoever claimed it would 'completely destroy' coins either does not understand code (nor consult people who do) or is deliberately lying about it.

#4 is wrong. That commit would have blocked exchange accounts from voting (which all major exchanges have publically stated they would not do anyway, until they "accidentally" or otherwise ended up locking up and voting with customer funds to help Justin override on-chain governance and take over the network), and would not affect transfers. It has not been implemented. Any coder can make any commit they want and one should not read more into it until and unless it is deployed on the network, which this one has not. FWIW even if implemented this would not be secure for the same reasons as described in #1-2 above (coins can be moved to a new account and used to vote there) and for that reason I would consider it ineffective and not support it regardless of the merits.

I've replied to many Steem posts and comments addressing these matters. You can find some of that here: https://steempeak.com/@smooth/comments

From previous reply
Quote
How weak a proof of stake system is versus the exchanges that do not hold a stake of the coin themselves

Agree. It is a form of attack where 'stake' does not equal economic ownership therefore all the usual arguments about the costs of acquiring stake and the costs of (at least potentially) reducing the value of your holdings by attacking the network do not apply. There are many variants of this including the BST attack that Monero's ArticMine has described numerous times before.

Thank you for this reply.

Before this situation occured, there was no issue before and after the sale of Steemit to Justin until the witnesses became scared and attacked first. Would you consider that they were correct on overanticipating the exit scam because of Justin's reputation as a scammer?
5613  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Grin Observer - GRN/BTC - Price Movement and Discussion on: March 10, 2020, 01:20:45 AM
@Cryptotourist. I reckon that this is not the correct time for entries, however, exits is another matter. What everyone appears to be doing on every cryptocoin is sell today to buy on a lower price some weeks or months later.
5614  Bitcoin / Press / Re: [2020-03-06] Bitcoin is 'digital gold,' says Finder co-founder on: March 10, 2020, 12:36:25 AM
@hv_. We should avoid classifiying bitcoin as a safe haven, digital gold, oil or maybe anything I reckon. We may use it as a speculative investment, for payments, for gambling, however, maybe the world does not know what it is yet. It is not a coin even if we call it a coin.

Agreed on this statement from the article.



Gurbacs said, adding the safe haven narrative hasn’t been disproven because “bitcoin is a relatively young asset and it’s not a full-fledged store of value yet.”

Source https://www.coindesk.com/what-the-oil-market-says-about-bitcoins-safe-haven-status
5615  Bitcoin / Press / Re: [2020-03-09] Silver Lining for Bitcoin Amid Global Market Panic on: March 10, 2020, 12:13:38 AM
Although the debate of whether bitcoin is a risk-on or risk-off asset continues, most analysts agree that it is above all an uncorrelated asset.

Exactly. So, why should it be falling during the stock market decline? I think it's a coincidence, and the real reason for the current Bitcoin crash is the Plus Token ponzi scheme organizers cashing out the stolen money.

But I may be wrong. What do you guys think, why is this crash?

It might also not be a coincidence because as we already know, bitcoin is used more as speculative investment than as a form of currency.

Where can we find the data to compare transactions in or out of exchanges and transactions for merchant payments?
5616  Economy / Gambling discussion / Re: The UFC Info and Prediction Thread on: March 09, 2020, 02:38:25 AM
@notblox1. Star Trek fans will understand what Weili made of Joanna's head after the fight hehehe.



It also appears that uncle Dana has taken the opportunity to create a new storyboard about Paulo Costa after the boring main event hehe.
5617  Alternate cryptocurrencies / Altcoin Discussion / Re: [NEWS] Did Binance just help Justin Sun take over the Steem network? on: March 09, 2020, 01:22:54 AM
It appears the real scammer on this issue is really Ned Scott, the former ceo of the Steemit foundation. He sold all the premined steemcoins to Justin without telling him the history and the verbal agreement of those coins have on the community. Those coins were never for the intention of voting. They are for marketing and development.

Also, the votes to freeze Justin's coins were only to freeze it only from voting. There were not stolen or locked.
interesting to hear that. how about due diligence? did justin not do his homework and DYOR on the project before buying it?
i don't think he is such an inexperienced business man. Cheesy

I do not know. However, yes he and Ned Scott might be trying to be naughty and know if they can get away on doing it hehehe.

In any case, this issue has grown more. It appears both sides of this war might be telling lies.



Q1: Justin Sun claims that some witness froze his 65m coins, not just blocked from governance, but not even allowed to transfers. This has happened on Feb 22. Is it true?

Q2: Justin thinks the company has the right to use those coins, but some in the community seems to think there was a promise that those coins would never be used. What’s the history/story here? I have not seen any evidence of promise not to use those coins.

Q3: There seem to be an attempt to completely destroy those 65m coins. Just a pull request, not voted yet. https://github.com/steemdev/steem/pull/1

Is this a good/right thing to do?

Q4: What does concern me is, there seem to be an attempt to freeze Binance (and other exchange) user funds as well, or at a minimum block them from voting. https://github.com/SteemDevs/steem/blob/0.22.6/libraries/protocol/hardfork.d/0_22.hf

Is this true?


Source https://twitter.com/cz_binance/status/1236373818068930561
5618  Bitcoin / Press / Re: [2020-03-04] Supreme Court terms Crypto Ban by Central bank unconstitutional on: March 09, 2020, 12:55:41 AM
Right, just hours after the news of India Supreme court on the decision, WRX, native token of Indian cryptocurrency WaRix is currently being pump right now. But we wanted to see the effect of the news to the whole crypto market, specially Bitcoin and not just on Indian based crypto exchanges.

So we will have to see what's going to happen in the next couple of days. Everyone is celebrating, not just our Indian crypto enthusiast, but those who support crypto globally.

There won't be any big effect on Bitcoin, if there could be one, it would have happened already, or maybe even before the news went public, because serious traders get their news before the press. I don't think there's any reason for a big pump of Bitcoin, India was always small in terms of adoption, mining, node count, etc.

Agreed! We are always the last to know why bitcoin has pumped after it was pumped hehehe. Also, the wealthiest bitcoin whales that can influence the price are located in America and China.
5619  Bitcoin / Press / Re: [2020-03-06] Bitcoin is 'digital gold,' says Finder co-founder on: March 09, 2020, 12:21:41 AM
Is it supposed to be good "news" or bad "news"? It could be seen that Bitcoin existence is acknowledged, but also deny Bitcoin usage as currency or payment method.

They want you to keep holding as they dump their coins on you and make bagholders out of everyone. In any case, where can we find data on USDT if holders increased?
5620  Economy / Gambling discussion / Re: The UFC Info and Prediction Thread on: March 07, 2020, 03:05:15 AM
I predict Weili wins strongly. I suspect undetectable Chinese steroids hehehehe.

This might sound rude, but according to current situation in Chinese, there are no steroids left there Roll Eyes
Everything is used to find a cure against coronavirus. But she will win anyway.

Question to all - how do you feel about women participate in UFC? Personally, I prefer to switch to other channel or do not pay much attention to such fight. I must confess, that I haven't seen at least 1 full women mma fight. I count it like something "wrong".


I like women in MMA. Who would not want to watch Claudia Gadhela, Alexa Grasso, Angela Lee, Megan Anderson, Paige Van Zant in the octagon hehehe?

Watch Weili versus Joanna. It might be more exciting than the main event, I reckon.

@Saint-loup. Yes they are making Khabib angry again hehehehe.
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