I found odd that Rivers is hitting free agency instead of straight out retiring, (...)
He has a lot of kids to support  Lol, you aren't kidding. (See what I did there?) I had no idea he had so many kids, nine as of last March! I thought I was asking for it with four of my own. He'll be raising teenagers for over 20 years, poor guy! Good looking family, though. I wish him luck.  His wife cannot hide the black spots under her eyes with make up. She clearly is very tired from taking care of those kids hehehe. Would Rivers have a better career if he did not play for the Chargers? I read his history and it appears his team did not utilize his prime properly. |
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@FanEagle. I reckon for some people it might be ok, however, it will not be ok for everyone. In any case, Roger does not support it. Will this cause him to call on his followers to create a hardfork again? What will he call his new coin? Bitcoin cash cash, BCHCH hehehe? Roger Ver, via a YouTube video on February 16, 2020, stated that he was not in support of the debated 12.5 bitcoin cash miner’s tax. Ver, referring to the initial tax proposal with his name appearing at the end of the document, declared that it was done without his consent.
In an attempt the ‘set the record straight’, the Bitcoin.com executive said:
“I didn’t sign this. There was definitely discussion about this, there was talk and I thought the talks were still ongoing; when all of a sudden this was released with my name at the bottom. I don’t think it was released out of intentional malice…I think there was just a lack of communication, lots of time zones, lots of different languages.”
Roger Ver further expressed concerns with the new infrastructure funding plan (IFP) published by Bitcoin ABC recently. The upgraded document had some details different from the original proposal. Some of the changes include the reduction in tax on the block reward from 12.5 to 5 percent, with the funds going to a list of selected whitelist projects.Read in full https://btcmanager.com/roger-ver-bitcoin-cash-tax-proposal/ |
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It was not revenge. It was for fear and intimidation, I reckon. The government might have been successful to scare away the cryptocoin nerd community, however, it attracted hard criminals. The type that will not be scared of the government.
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@gentlemand. However, the government's purpose for his excessive sentence did not work. It did not stop the darknet. I reckon that it might be taken over by real criminals by now.
I heard the Silk Road was a place for freedom of speech and also a community for illegal drugs safety.
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[snip] I prefer BTC, cause Altcoin market is depended on the price of bitcoin.
Current Bitcoin market is on a bull flag and it is sure price will not fall before next halving,
so it is better to hold Bitcoin for a long time, I think it will not disappoint us.
But don’t forget mate because alt coins can grow more than what bitcoin can give in a short period of time so still diversification is the best way to handle our investments here Yes, Altcoins may able to grow more but trading alt coin is really painful and anxious. The future of Altcoin is uncertain. Bitcoin is better if you want to do risk free trading. There is no risk free trading, however. Also, Bitcoin is used most as a speculative investment with its own high risk and high volatility. |
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This might be another cause why the corona virus might be bad for bitcoin's price. The cash that can be used to pump it can be held by the government for quarantine hehehehehee! Fan Yifei, deputy governor of the People’s Bank of China, revealed at a press conference on Saturday that China is now quarantining old bank notes in order to contain the spread of the coronavirus.
Yifei says money in worst-hit areas will be sanitized with heat and ultraviolet rays, and quarantined for two weeks before being distributed again.Read in full https://dailyhodl.com/2020/02/16/coronavirus-cash-quarantine-comes-to-china-in-attempt-to-sterilize-fiat-currency/ |
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It appears that the bitcoin cash developers' original plan was to introduce a developer's tax to test everyone's reaction and reintroduce another version of the tax if they think this can be done by using the data from the first reaction hehehe. They were not listening to you. It was a trick.  Bitcoin ABC developer Amaury Séchet recently published an updated version of the miner Infrastructure Funding Plan (IFP) that was first introduced by BTC.TOP founder Jiang Zhuoer.
It will be implemented in the forthcoming 0.21.0 release of the Bitcoin ABC software that is expected to take place on May 15. The protocol change has to be activated by miners via BIP9.
The major difference in his proposal is the reduction of the developer tax to 5 percent (the original amount was 12.5 percent). The rationale behind taking a sizeable chunk of miner rewards is the necessity to develop the software infrastructure of Bitcoin Cash.
Those funds will go an opaque list of whitelisted projects, which might be the second most controversial thing after the tax itself.Read in full https://u.today/bitcoin-cash-bch-to-add-dev-tax-in-new-software-upgrade-will-crypto-exchanges-stop-this-takeover |
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I reckon that they should begin calling their project CeFi hehehe. The problem is not the project itself. The cryptospace should be encouraged to research and build new experimental projects. However, branding it decentralized if it is centralized is a scam.  A A smart trader has exploited various protocols in the decentralized finance(DeFi) space to net a whopping $350,000 in profits.
As Decrypt reported yesterday, a clever set of instructions—all executed in one big transaction—enabled someone to leverage current weaknesses in the DeFi ecosystem for their own gain. By using several decentralized financial tools, and a small dose of price manipulation, they were able to take home a lot of Ethereum.
He specified that a flash loan of 10,000 ETH was probably to blame. Half of it went into lending platform Compound to borrow wrapped BTC (a version of Bitcoin on Ethereum). The rest was collateral for shorting—betting the price will go down—that wBTC on margin trading platform Fulcrum. The account then sold the wBTC on decentralized exchange Uniswap. The price went down, so the hacker cashed out the short at a profit and paid back the initial loan.
But not only has the hacker exposed how a variety of DeFi tools can be used together to net a somewhat unethical profit, he or she has highlighted just how centralized some of these DeFi tools are.
The platform went on to say that the attacker left $600,000 of wrapped Bitcoin on the exchange. And it plans to take this money and distribute it to other users of the exchange.
But, to do so, it will need to use its "admin key."
"There is currently 600k of wBTC collateral left by the attacker. We will be using this to stream interest and exit liquidity to existing iETH holders. This will be done using our admin key. This is an extremely difficult decision for us that we don't take lightly," bZx added.
Essentially this admin key is hard baked into the protocol and allows bZx to control any of the smart contracts—where the funds are kept—as a last resort.Read in full https://decrypt.co/19612/how-a-genius-hacker-made-350000-exploiting-defi |
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The thread title is apt.
Bitcoin is an investment.
Altcoins are gambling.
However, that was not the question on the poll. In anycase, it appears many of everyone who replied will not pass the bitcoin maximalist purity test hehehe. |
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CLARK, 56, a citizen of Canada, pled guilty to one count of conspiracy to distribute narcotics, which carries a maximum sentence of 20 years in prison. So unlike DPR, Variety Jones at least has a chance of dying outside prison walls. Since he was arrested over four years ago maybe we'll see him making an AMA on /r/Bitcoin in the near future if he gets sentenced to time served only. You know someone has cooperated with the authorities when he gets out of the case with a minimum sentence hehehe. Also, what they did to Ross was excessive. However, did it scare other criminals from creating their own darknet websites? |
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@mk4. Helix might have been advertised on Alphabay as the only recommended mixer by the darknet market site.
Yea, but it was worded as "partnered". There's a significant difference between a service simply being recommended, and both parties actually being affiliated with each other by either literally working together on something, or by paid advertising. For instance I can recommend Coinbase, but it doesn't automatically mean I'm partners with them. Agreed. The department of justice should state clearly on what for them is a partnership and how they arrived on their classification that Alphabay and Helix are define partners.This is good, however. This might not be upheld. |
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The only 1 who was able to stop Jones was DC imo). Why? Because of the drugs involved in their second fight? Even though Jones kind of cheated, I wouldn't consider that as a win for DC also. I think DC was the only one who had real chances of beating Jones. Ok, except Reyes, dont know much about this guy. But if to compare DC and Reyes records, DC won more elite fighters than Reyes. Would be nice to see DC vs Reyes, to find out who is right, but to bad DC is aiming to make a third fight agains Miocic and that is going to be his last fight in career. There was also Jon versus the Mauler Alexander Gustafsson 1. Many fans and analysts have also said that they would accept a decision for Gustafsson if it was made. Part 2 was Jon's dominance shown, however. I reckon we would witness something similar for Jon versus Dominic Reyes 2 hehehee. |
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Since most of the platform as of today are built on the Ethereum blockchain, if they continue to maintain this standard, we might see ETH price by 2022 to be 0.2BTC per ETH most especially is implemented to improve performance
A standard of what, however? Ethereum does not even scale. Also, the creation of Ethereum 2.0 appears to be an admission that 1.0 is a failure, I reckon. |
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@squatter. Agreed. However, if the department of justice wins this case, it appears that they can refer to any mixer as a money transmitting and money laundering business.
They should not win this. Our privacy is a basic right.
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@mk4. Helix might have been advertised on Alphabay as the only recommended mixer by the darknet market site.
@squatter. It also appears that we should be careful. We might not be safe from something that we did years ago in the cryptospace.
In any case Coininja was owned by Larry Harmon and Coinninja invested $2 million in Bitrefill according to Crunchbase. What might this imply for Bitrefill?
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Clippers showed their heart, however, they should do more to win the western conference versus top teams like the Lakers , Nuggets and the Rockets during the playoffs.
They also should stop losing on the road. This will harm them during any playoff round.
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@bbc.reporter
I agree with you that IF there is a mining cartel, then all sorts of bad things happen, not only manipulating supply but also censorship, confiscation, and even inflation.
I don't quite see how a mining cartel can manipulate the supply. Any miners who violate the emission rule get immediately ignored by the network as they're seen as following a different protocol (like how Bitcoin Cash is irrelevant to Bitcoin). I think he was referring to a single entity that holds a large portion of remaining coins being able to manipulate the above ideas due to the fact that average joe does not have many coins. Sort of like how Coinbase has a large % of certain coins, where if those were to disappear from the market, could adversely affect market valuations. Supply wise, once tail emissions kick in, the above holder can manipulate the chain in many ways. It's no different than one ASIC operator controlling 93.5% of a blockchains hash power for two years, most likely to increase holdings for such a manner. Yes, similar to the control of the diamond market by the De Beers where they manipulate the prices. I reckon that this might done more on cryptocoins with unlimited supply and miners place themselves as something similar to the federal reserve hehehe. |
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@squatter. I do not know all the details, however, all the news articles about it already points to something bad for the cryptospace. In any case, have you heard of this latest arrest? The American government should not win this and begin to set it as a binding example of what they can use for other cases. This will be bad for the cryptospace and bad our mandatory human right to privacy. I reckon they will use this to impose themselves over us. US DOJ Calls Bitcoin Mixing ‘a Crime’ in Arrest of Software Developer
Larry Harmon was arrested earlier this week for allegedly participating in a money-laundering conspiracy worth more than $300 million in cryptocurrency involving darknet marketplace AlphaBay. However, the family of the Coin Ninja CEO claims he was never involved with AlphaBay.
Harmon’s case raises pressing questions about developer liability in the crypto industry.
In addition to the crypto media site Coin Ninja, Harmon created the bitcoin mixer Helix, which sends transactions out in mixed batches so individual payments are harder to trace. In its indictment, Department of Justice prosecutors refer to Helix as a “money transmitting and money laundering business.”
“Helix enabled customers, for a fee, to send bitcoins to designated recipients in a manner which was designed to conceal and obfuscate the source or owner of the bitcoins,” the indictment continues. “This type of service is commonly referred to as a bitcoin ‘mixer’ or ‘tumbler.’”Read in full https://www.coindesk.com/us-doj-calls-bitcoin-mixing-a-crime-in-arrest-of-software-developer |
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@LeGaulois. You forgot to include the date of news on the title. Moderators might delete this thread.
In any case, this is bad news for the freedom and the right for privacy for the whole cryptospace if upheld. Also, what does this imply for Dropbit and Coininja? According to Crunchbase, Coininja invested $2 million on Bitrefill. What does this also imply for Bitrefill?
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