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5901  Economy / Gambling discussion / Re: 🏈🏈 The Essential NFL Thread 🏈🏈 - new poll every week on: January 17, 2020, 12:53:50 AM
@Hueristic. There was no KYC on cloudbet 2 years ago when I bet there on the Game of Thrones. However, I lost some bitcoins from those bets. Maybe that was the reason hehehe.

In any case, talk to @Ronnie in Cloudbet thread.
5902  Bitcoin / Press / Re: [2020-01-16] Chainalysis traced $2.8 billion crime bitcoin sent to Binance Huobi on: January 16, 2020, 03:08:20 AM
@CryptoBry. You want to give exchanges your permission to freeze your accounts anytime someone else decides that you are a criminal? Yes it can be used against us.

Also, I am not on a level to say who is bad or good, however, taking crime use away from bitcoin will take away one of its important applications.
5903  Alternate cryptocurrencies / Altcoin Discussion / Re: Why We Need Bitcoin, If Altcoins Transfers Are Faster And Cheaper on: January 16, 2020, 02:40:16 AM
This might be funny now, however, bitcoin will rely only on fees after several halvings. This is not sustainable because ordinary users will be priced out from using it.
Based on what analysis? If mining becomes unprofitable and miners leave, then the difficulty readjusts until mining is profitable again. An equilibrium will be reached where price increases and hashrate leveling off makes mining profitable. If on-chain fees are too high for everyday transactions, then people can use Lightning Network and only have to make on-chain transactions to open or close channels as neccessary.

Based on bitcoin's monetary policy that rewards go to 0. However, if you imply that it is the smaller miners that would be priced out and it centalizes mining to the biggest miners, that might be a correct assessment also.

How much in fees would miners need to support themselves if rewards from mining are gone?
5904  Economy / Speculation / Re: Speculating with Tom Lee on: January 16, 2020, 02:11:58 AM
@pooya87. The past 11 years? Bitcoin was pumped by Mtgox allegedly to its all time highs of that time and it was dumped. 2017 saw another pump by allegedly Tether printer Bitfinex to another all time highs and it was dumped again.

@Febo. He does not want to make another wrong prediction anymore hehehe.
5905  Bitcoin / Press / [2020-01-16] Chainalysis traced $2.8 billion crime bitcoin sent to Binance Huobi on: January 16, 2020, 01:45:23 AM
I thought that this might be good job on investigative journalism and a confirmation of the theory that exchanges are part of a global money laundering ring. However, again, when I read where this report was based from, the skeptical me thought that this was only another paid for advertisment from the corrupt world of bitcoin news media as usual.

https://blog.chainalysis.com/reports/money-laundering-cryptocurrency-2019



Blockchain analytics firm Chainalysis said Wednesday that it traced $2.8 billion in Bitcoin being sent by criminals to crypto exchanges in 2019, with the bulk of those transactions going to Binance and Huobi.

"While exchanges have always been a popular off-ramp for illicit cryptocurrency, they’ve taken in a steadily growing share since the beginning of 2019. Over the course of the entire year, we traced $2.8 billion in Bitcoin that moved from criminal entities to exchanges," Chainalysis noted, with 27.5% of that amount going to Binance and 24.7% going to Huobi.

On the two exchanges, a small group of accounts that received more than $100 billion worth of BTC in 2019 took in most of the illicit funds, Chainalysis found. 75% of the total amount received on Huobi and Binance went to 810 of the highest-receiving accounts.

"Overall, just over 300,000 individual accounts at Binance and Huobi received Bitcoin from criminal sources in 2019," Chainalysis noted.

According to the analytics firm, these large accounts likely belong to over-the-counter (OTC) brokers that "are typically associated with an exchange but operate independently."

Although Huobi and Binance both have Know-Your-Customer (KYC) procedures in place, such requirements are lower for OTC desks, hence the existence on the two exchanges of some OTC desks that specialize in providing money-laundering service to criminals, Chainalysis claimed.


Read in full https://www.theblockcrypto.com/linked/53138/chainalysis-traced-2-8-billion-in-bitcoin-being-sent-to-crypto-exchanges-by-criminals-last-year
5906  Economy / Gambling / Re: Cloudbet | Bitcoin Casino & Sportsbook | The No.1 Bitcoin Gambling Site on: January 15, 2020, 04:30:10 AM
@Ronnie. The movie 1917 is not included in your best picture and best original screenplay categories on Cloudbet hehe. Also, will you also offer other minor categories like best in sound editing and best in cinematography?
5907  Economy / Speculation / Re: Speculating with Tom Lee on: January 15, 2020, 04:03:26 AM
I reckon the Tom Lee contrarians might begin to convert into Tom Lee pumpers? This might be 1 or 2 of the very few times in history that he might make a correct prediction hehehe.



The founder of Fundstrat Tom Lee in an overview report regarding Bitcoin said that BTC has the potential to grow 100% in value by the end of 2020. Although the report has not been released, Lee believes the May halving event will play a major role in the growth.

Lee highlighting some sections of the soon to be released report said that the current Bitcoin price is not reflecting the value of the halving. Lee also shared an excerpt of the report, which said:

“For 2020, we see several positive convergences that enhance the use case and also the economic model for crypto and Bitcoin — thus, we believe Bitcoin and crypto total return should exceed that of 2019.”

The report predicts:

In other words, we see strong probability that Bitcoin gains >100% in 2020.


Read in full https://www.fxstreet.com/cryptocurrencies/news/top-analyst-tom-lee-predicts-bitcoin-100-growth-in-2020-202001140807
5908  Bitcoin / Bitcoin Discussion / Re: Bitcoin Solves This: Bill Gates Talks About the US Wealth Gap on: January 15, 2020, 03:26:16 AM
just another bullshit wall of text by another bullshit website desperate for traffic. and it is using the current price rising trend to publish the new bullshit articles that sound positive and related to "price rise" and "get rich" whereas not so long ago the same bullshit websites were publishing the negative version of the same garbage talking about how bitcoin is going down and is worth nothing!

@squatter. It is clickbait. However, there are some bitcoiners who say something similar in their own echo chamber. Are those type of clickbaits created by the echo chamber or was the echo chamber created by those clickbaits hehehe?
nah, it is just a market that some newbies think they can make money from.
they keep creating websites and fill them with garbage and think now they can become rich. when that doesn't happen they start spamming the link on the internet.

I take your reply as the clickbaits were created by the echo chamber. Clickbaits are similar to products. They have their own public buyers hehehe.
5909  Economy / Gambling discussion / Oscar Awards 2020 betting on: January 15, 2020, 02:32:45 AM
Hello gambling couch potatoes hehehe. The award ceremony will be on February 9, 2020 and all
the odds were only copied from nitrogensports.eu.

In any case, I speculate that 1917 might win best picture, best screenplay, best cinematography, sound editing and others if the sportsbooks offer some of them. Nitrogensports has only offered the most basic categories.



Best Picture

Once Upon a Time… in Hollywood 2.370 (+137)
1917 3.400 (+240)
Parasite 4.330 (+333)
Joker 8.000 (+700)
The Irishman 17.000 (+1600)
Marriage Story 34.000 (+3300)
Jojo Rabbit 41.000 (+4000)
Ford v Ferrari 101.000 (+10000)
Little Women 101.000 (+10000)



Best Director

Sam Mendes (1917) 1.710 (-141)
Bong Joon Ho (Parasite) 3.000 (+200)
Martin Scorsese (The Irishman) 7.500 (+650)
Quentin Tarantino (Once Upon a Time in Hollywood) 7.500 (+650)
Todd Phillips (Joker) 34.000 (+3300)



Best Actor

Joaquin Phoenix (Joker) 1.083 (-1205)
Adam Driver (Marriage Story) 7.000 (+600)
Antonio Banderas (Pain and Glory) 21.000 (+2000)
Jonathan Pryce (The Two Popes) 21.000 (+2000)
Leonardo DiCaprio (Once Upon a Time in Hollywood) 21.000 (+2000)



Best Supporting Actor

Brad Pitt (Once Upon a Time in Hollywood) 1.120 (-833)
Joe Pesci (The Irishman) 8.000 (+700)
Tom Hanks (A Beautiful Day in the Neighborhood) 13.000 (+1200)
Al Pacino (The Irishman) 15.000 (+1400)
Anthony Hopkins (The Two Popes) 21.000 (+2000)



Best Actress

Renee Zellweger (Judy) 1.120 (-833)
Scarlett Johansson (Marriage Story) 8.000 (+700)
Charlize Theron (Bombshell) 13.000 (+1200)
Cynthia Erivo (Harriet) 13.000 (+1200)
Saoirse Ronan (Little Women) 26.000 (+2500)



Best Supporting Actress

Laura Dern (Marriage Story) 1.120 (-833)
Margot Robbie (Bombshell) 8.000 (+700)
Florence Pugh (Little Women) 11.000 (+1000)
Kathy Bates (Richard Jewell) 21.000 (+2000)
Scarlett Johansson (Jojo Rabbit) 21.000 (+2000)
5910  Bitcoin / Bitcoin Discussion / Re: Bitcoin Solves This: Bill Gates Talks About the US Wealth Gap on: January 14, 2020, 03:50:22 AM
@squatter. It is clickbait. However, there are some bitcoiners who say something similar in their own echo chamber. Are those type of clickbaits created by the echo chamber or was the echo chamber created by those clickbaits hehehe?
5911  Alternate cryptocurrencies / Altcoin Discussion / Re: Why We Need Bitcoin, If Altcoins Transfers Are Faster And Cheaper on: January 14, 2020, 02:37:49 AM
We haven't had this thread for, ooh, at least a week or two. I was starting to miss it.

This might be funny now, however, bitcoin will rely only on fees after several halvings. This is not sustainable because ordinary users will be priced out from using it.
5912  Economy / Gambling discussion / Re: 🏈🏈 The Essential NFL Thread 🏈🏈 - new poll every week on: January 14, 2020, 02:11:48 AM
@Hueristic. Hehehe yes. I have been tempted already on Cloudbet with their better odds.

https://www.cloudbet.com/en/sports/american-football/tennessee-titans-win-super-bowl-liv/o2045132

In any case, fair odds for the Greenbay Packers on +7 and modest value on the Titans +7.5. Derrick Henry is underestimated hehe.
5913  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. on: January 14, 2020, 01:55:53 AM
Grin got ranked as one of the top coins to watch for this week, due to the upgrade to a new proof-of-work mechanism.

Read more:

https://coincodex.com/article/6553/top-3-coins-to-watch-january-13-january-20-2020/

Another bitcoin news media website creating hype from a normal standard hardfork. This is bad because some children in the cryptospace might invest on it in the wrong time.

@Hueristic. There was also a proposal from zcash that the tax should be extended hehehe.
5914  Bitcoin / Press / Re: [2020-01-03] Alleged $8B BTC Tulip Trust Expires With Tales of Bonded Couriers on: January 14, 2020, 12:23:08 AM
There is nothing exciting in news and to report when the bitcoin news media begins talking about Craig Wright again hehehe. Everyone already knows that he is a liar.
5915  Alternate cryptocurrencies / Altcoin Discussion / Re: [NEWS] Is SardineCoin Real? The Sardines Are, At Least hehehe on: January 13, 2020, 04:16:32 AM
Actually, I sort of disagree that it's the same as 2017. We're talking about an actual industry here. A real operation that already has experience of doing business, and is simply tokenizing their business. Real products, real people, real business, real demand. Even compliant with the business regulations too!

That is against everything 2017 projects were: hype, no product, no operations team, nothing;)

Whatever it may be. We would begin having very overpriced or very underpriced  sardines traded on the cryptospace. I speculate that they might also expand their tokenizations plans to canned ham hehehehe.
5916  Economy / Gambling discussion / Re: 🏈🏈 The Essential NFL Thread 🏈🏈 - new poll every week on: January 13, 2020, 03:53:47 AM
It will be hard not to be behind Derrick Henry and the Titans after beating the Patriots and the Ravens.

@wheelz1200. We might witness another Washington Nationals underdog story for the NFL hehehe.
5917  Bitcoin / Press / Re: [2019-01-06] Mike Novogratz Expects a Bullish Period for Bitcoin and Gold on: January 13, 2020, 01:43:31 AM
@Lucius. However, is the price of bitcoin really associated with the bitcoin news medias' storyboards or are the storyboards association with the price only invented by the bitcoin news media?
5918  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. on: January 13, 2020, 01:01:55 AM
@Texacha. It should be easy to find the information if there was a premine. In any case, Beam, similar to the most of the other cryptocoins' limited emission is short of planning. I reckon the whole cryptospace should already learned from Zcash's failure on its block tax model.
5919  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [AEON] Aeon Speculation on: January 12, 2020, 02:45:03 AM
@bigslimvdub. I reckon the problem on the community's dislike for spending is Aeon's monetary policy. Miners mine less and less coins and these coins are valued and held more after distribution.
5920  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. on: January 12, 2020, 01:57:57 AM
Premines and the developer tax are not scams, however, many of the projects that used this creative method of funding were scams.

Also, a group of venture capitalists behind a cryptocoin project have only one interest. Their profits from the project. How do they do this? Dumping their share of the premine or tax on the community.
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