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7321  Economy / Speculation / Re: CSW's "hash wars" impact on BTC price? on: December 09, 2018, 01:20:22 AM
@Pursuer. It might be bullshit but it throws more unwanted obstacles on Roger and Jihan and it would cause them to spend more than they can afford in this hashwar.
7322  Economy / Gambling discussion / Re: Game of Thrones - Who will rule? Odds and betting discussion [Odds updated!] on: December 08, 2018, 03:48:47 AM
After the release of the latest teaser trailer, the odds for who will rule in the end of the Game of Thrones is back to Jon Snow as the most favored then followed closely by Daenarys and Bran Stark. I reckon this might be another large win for the sportsbooks if the ruler is not one of those 3 which is very possible because of the unpredictability of the show.
7323  Economy / Speculation / Re: CSW's "hash wars" impact on BTC price? on: December 08, 2018, 03:19:13 AM
This hashwar is not yet finished hehehe. However both of them cannot mine forever at a loss and there will be more lawsuits thrown versus each other that will cost them more.

Who has more bitcoins to burn, Roger Ver or Craig Wright? The winner will be known before December 31, 2019, I reckon.


Vitalik announcing the winner of the hashwar

A new lawsuit alleges that proponents of Bitcoin Cash ABC – one of two competing iterations of the bitcoin cash cryptocurrency that split off during a hard fork last month – illegally manipulated the market, damaging investors as a result.

Florida-based United Investment Corp. filed a federal lawsuit in the U.S. District Court, Southern District of Florida claiming that Roger Ver, bitcoin.com, Bitmain and co-founder Jihan Wu, crypto exchange Kraken and founder Jesse Powell, and Bitcoin ABC developers Amaury Sechet, Shammah Chancellor and Jason Cox centralized bitcoin cash and manipulated the price during its contentious hard fork.

The suit claims that bitcoin.com and Bitmain (and their respective founders) “hijacked the [bitcoin cash] blockchain,” especially by dedicating mining power in theory assigned to mining the bitcoin blockchain to mining what was then referred to as the Bitcoin ABC chain.

In a separate statement sent to CoinDesk, UnitedCorp said the defendants perpetrated “a scheme of fraud” by colluding to control the network.

UnitedCorp claims that it “justifiably relied on Defendants’ misrepresentations by investing millions of dollars in development and deployment of infrastructure specifically for the mining of bitcoin cash,” and has suffered damages as a result.

Further, the suit claims that “Bitmain, Bitcoin.com, and Ver have been unjustly [enriched] by the conduct described above.”

The company claims similar damages from the role Bitcoin ABC developers played in setting up a checkpoint on the network, claiming that doing so “violated the ground rules of the network that other users had relied on and respected for years, and artificially pumped up the chain implementation with computer hashes to dominate the temporary software upgrade.”

This checkpoint also centralized the market, the suit claims.

In an email, Sechet told CoinDesk that Bitcoin ABC did not centralize the network, adding, “In fact I explained that the result of the actions being taken by various actors in the ecosystem would result in centralization.”

Finally, the suit alleges that Jesse Powell and Kraken impacted the price by designating the Bitcoin ABC chain as bitcoin cash, and granting it the “BCH” ticker.


Read in full https://www.coindesk.com/mining-firm-claims-bitcoin-abc-proponents-hijacked-bitcoin-cash
7324  Economy / Speculation / Re: CME Bitcoin futures started bear market - Federal Reserve on: December 08, 2018, 02:46:02 AM
This might not be a bitcoin article but it reveals how deep the corruption is among the big wigs in Wall Street and how they are in control of the regulators and the policy makers. Goldman Sachs is an institution that is using bitcoin to create another bubble and create another crisis after it, I reckon.

However, if you are a bitcoin speculator, the bubble ast year might only be a small drop compared to Goldman Sach's next bitcoin bubble and the dump will certainly hurt as much hehehe.



Of the myriad policy decisions that have brought us to our current precipice, from the signing of the North Atlantic Free Trade Agreement (NAFTA) to the invasion of Iraq and the gerrymandering of House districts across the country, few have proven as consequential as the demise of Glass-Steagall. Signed into law as the U.S.A. Banking Act of 1933, the legislation had been crucial to safeguarding the financial industry in the wake of the Great Depression. But with its repeal in 1999, the barriers separating commercial and investment banking collapsed, creating the preconditions for an economic crisis from whose shadow we have yet to emerge.

Carmen Segarra might have predicted as much. As an employee at the Federal Reserve in 2011, three years after the dissolution of Lehman Brothers, she witnessed the results of this deregulation firsthand. She chronicles the recklessness of institutions like Goldman Sachs and the stunning lengths the United States government went to to accommodate them, even as they authored one of the worst crashes in our nation’s history.


https://www.truthdig.com/articles/wall-streets-corruption-runs-deeper-than-you-can-fathom/
7325  Bitcoin / Press / Re: [2018-12-04] Japan to Force Crypto Exchanges ‘Tell on’ Suspected Tax Evaders on: December 08, 2018, 02:25:32 AM
@timerland. Have you forgotten what the essence of bitcoin is and why it was invented? I reckon the future will be of decentralized exchanges and more circumvention of financial regulations. We are only in the beginning stages hehehe.
7326  Alternate cryptocurrencies / Altcoin Discussion / The fud by the Deparment of Homeland Security on Monero on: December 07, 2018, 03:36:38 AM
One simply does not deanonymize Monero because the government willed it hehehe.

In any case, this will test the stength Monero's anonymity and untraceability. It might also be a good time to speculate now. The Department of Homeland Security is giving everyone a favor by showing us how great is Monero as a privacy coin.

Monero tested and tried. Very anonymous. Tested and proven by the United States Government.

Thank you!



Perhaps it’s time that users of privacy-centric cryptocurrencies reconsider their choices. The U.S. Department of Homeland Security’s (DoHS) pre-solicitation document suggests that the government body is contemplating the development of forensic analysis techniques to track transactions done through private cryptocurrencies like Monero and ZCash.

The pre-solicitation document urges small technology firms to conduct R&D and develop products, processes, and techniques that can be utilized to identify and uncover crimes that involve the use of digital currencies. The document reads in part:

“The proposal calls for solutions that enable law enforcement investigations to perform forensic analysis on blockchain transactions.”

The SBIR has formulated a three-stage process for the creation of forensic analysis techniques.

Stage one entails designing a blockchain analysis mechanism that would “enable forensic analysis for homeland security and law enforcement applications for cryptocurrencies, such as Zcash and Monero."

The second stage of the process deals with testing. Tools developed in the first phase will be prototyped using test data. The results will then be shared with the interested authorities, along with a demonstration of how to use these newly developed forensic techniques.

Finally, the third stage will integrate these forensic techniques into government applications. Post successful integration, authorities will then be able to track private cryptocurrency transactions.


Read in full https://btcmanager.com/u-s-authorities-developing-techniques-track-cryptocurrencies-monero-zcash/
7327  Economy / Gambling discussion / Re: UFC 231: Holloway vs Ortega Prediction and Info Thread on: December 07, 2018, 03:02:33 AM
@nydiacaskey01. I reckon Conor is not the money fight anymore, Khabib is the one.

Brian Ortega also mentioned in an interview that he wants to fight Khabib. That would be a great clash of styles. The wrestler who wants to takedown and fight on top versus a grappler who is good in fighting on the ground at the bottom.
7328  Bitcoin / Press / Re: [2018-12-04] Japan to Force Crypto Exchanges ‘Tell on’ Suspected Tax Evaders on: December 07, 2018, 02:49:08 AM
That might set up a high liquidity blackmarket for trading monero to bitcoin or fiat hehehe.

Also, some governments will not pressure exchanges in their jurisdiction to delist anonymous cryptocoins, I reckon. Some very corrupt governments might welcome them hehehe.
The South Korean government already did what you are saying. Although there are no official reports of them doing it one of their top exchanges, Korbit, had dropped five coins that is centered to anonymity. There is no reason for Korbit to drop voluntarily these popular cryptocurrencies especially Monero and Zcash but they did it anyway and it just shows that they are preparing for future regulations regarding privacy coins. And I do think that the Japanese government's way is a little bit harsher as they are pressuring their exchanges to do so as well when there are other ways of solving their problem. In my opinion the removal of such coins is better than not having to be able to trade other coins at all.

However some governments will not demand for exchanges under their jurisdiction to delist anonymous coins. Once everyone finds out the need and the importance of fungibility is for cryptocoins, something which bitcoin does not have, think where everyone will be running.
7329  Economy / Speculation / Re: SEC delays decision on ETF again on: December 07, 2018, 02:09:24 AM
@gentlemand. What would then be your trading strategy? Buy more after February 27, keep holding or sell everything today and buy after the announcement of the rejection?
7330  Economy / Speculation / SEC delays decision on ETF again, Vaneck, SolidX withdraw proposal on: December 07, 2018, 01:39:45 AM
Mark that date because this is the final extension. As mentioned in the article, on February 27, 2019 the SEC will need to make a decision if they approve or reject VanEck's proposal. What a terrible time to put bitcoin in a period of uncertainty.

What are your predictions, will the ETF be approved or rejected? I know my answer, but I reckon you would not like it. If the SEC really wanted to approve it, it would have been approved already.


Tom Lee waiting for the SEC's decision


The U.S. Securities and Exchange Commission (SEC) extended a rule change proposal allowing the nation’s first bitcoin exchange-traded fund (ETF), pushing the decision deadline to next year.

In a notice posted online, the securities regulator said it was extending the review period for the ETF to Feb. 27, 2019. The proposal was first submitted by money manager VanEck and blockchain startup SolidX, who partnered with the Cboe exchange earlier this year.

Under SEC rules, a decision on the proposal cannot be delayed any further, meaning the next notice must either approve or reject the ETF.


Read in full https://www.coindesk.com/sec-again-delays-decision-on-vaneck-solidx-bitcoin-etf
7331  Economy / Gambling discussion / Re: UFC 231: Holloway vs Ortega Prediction and Info Thread on: December 06, 2018, 02:57:52 AM
@cellard. Hehehe I reckon Max Holloway versus Brian Ortega is harder to predict than what you are seeing on paper. In the UFC the underdog has a bigger chance of winning, not like boxing or tennis or team sports.

Agreed on Valentina, however disagree on Joanna to retire if she loses this fight. Joanna is tougher in mind than Ronda Rousey.
7332  Economy / Speculation / Re: CME Bitcoin futures started bear market - Federal Reserve on: December 06, 2018, 01:52:01 AM
@fabiorem. The people were scammed to buy bitcoins on the all time high and they are also being scammed again to sell on very low prices. Who said that only ICO pumpers know how to scam? There are also Wall Street futures pumpers hehehe.
7333  Bitcoin / Press / Re: [2018-12-04] Japan to Force Crypto Exchanges ‘Tell on’ Suspected Tax Evaders on: December 06, 2018, 01:22:13 AM
@gentlemand. Also, bitcoin is be very easy to trace if governments use services like Chainalysis and other blockchain analytics services which is already detrimental to its fungibility.

In any case, the future is in anonymous cryptocoins and decentralized trading. Invest wisely hehehe.

The price exchanges will pay for their existence will be the shunning of privacy coins.

Again, that's already happening in Japan - https://btcmanager.com/japan-pressures-cryptocurrency-exchanges-to-drop-monero-dash-other-altcoins/

I dunno where this is all going to end up. There'll be some alarming moments along the way. Yes sirree.

That might set up a high liquidity blackmarket for trading monero to bitcoin or fiat hehehe.

Also, some governments will not pressure exchanges in their jurisdiction to delist anonymous cryptocoins, I reckon. Some very corrupt governments might welcome them hehehe.
7334  Economy / Gambling discussion / Re: 🎲 NitrogenSports.eu / BetBit.com - NO SENSE of Responsible Gambling! 🎲 on: December 05, 2018, 03:06:47 AM
thats not their responsibility or problem

Agreed! If Nitrogensports and Betbit give their users a way to deactivate their accounts, they would only gamble on another site or in a casino regardless hehehe.

Do not gamble in bitcoin casinos if you want KYC and selfexclusion. Also, if you are a gambling addict, you should not be gambling! Roll Eyes
7335  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AEON [2018-11-30: update to 0.12.7.0+ ASAP; 0.12.8.0 on Windows on: December 05, 2018, 02:25:10 AM
@bigslimvdub. That was the original vision for Aeon. However, I reckon that has changed clearly because of the lack of developers working on the project. The best way forward is to be similar to what the litecoin development team is doing and be a close copy to Monero's codebase.

We the same technology on a slimmer blockchain.
7336  Economy / Speculation / Re: CME Bitcoin futures started bear market - Federal Reserve on: December 05, 2018, 01:59:36 AM
@dothebeats. Agreed. It might not be the only reason, however it might be one of the biggest reasons why bitcoin went on a tremendous crash as explained in the article.

I do not know whether to be bullish or bearish on this new article hehehe.



Nasdaq confirms it will list Bitcoin Futures

The UK’s Daily Express newspaper broke the news this morning, confirming recent rumours which had been circulating about the New York-based stock exchange.

The news should herald a wider acceptance of the cryptocurrency throughout the world, and is a huge step towards mass adoption.

According to the Express’s article, the Vice President of Nasdaq’s media team – Joseph Christinat – confirmed “Bitcoin Futures will be listed and it should launch in the first half of next year”.

Christinat added that Nasdaq were awaiting the green light from the Commodity Futures Trading Commission (CFTC), but suggested that was virtually signed and sealed.

“We’re doing this, and it’s happening,” he stressed, adding the current volatility in the market would have no bearing whatsoever on the decision to press ahead with the listing.


Read in full https://coinrivet.com/nasdaq-confirms-it-will-list-bitcoin-futures/
7337  Bitcoin / Press / Re: [2018-12-04] Japan to Force Crypto Exchanges ‘Tell on’ Suspected Tax Evaders on: December 05, 2018, 01:48:09 AM
@gentlemand. Also, bitcoin is be very easy to trace if governments use services like Chainalysis and other blockchain analytics services which is already detrimental to its fungibility.

In any case, the future is in anonymous cryptocoins and decentralized trading. Invest wisely hehehe.
7338  Bitcoin / Press / Re: [2018-12-03] ‘Worthless’ Bitcoin Has Entered Death Spiral: Finance Professor on: December 04, 2018, 02:32:29 AM
I shake my head. How can a university professor be so negative on the likelihood of success of one of the most major breakthroughs of this century? I reckon he might be one of the less intelligent people of the staff of that university hehehe.
7339  Economy / Gambling discussion / Re: UFC 231: Moicano vs Ortega on: December 04, 2018, 02:10:32 AM
@nydiacaskey01. Was Max Holloway removed from the fight because of injury again? Where is the announcement? The UFC website has Max listed as originally scheduled to fight Brian Ortega without any announcement of a change.

Also, why Renanto Moicano? hehehe
7340  Economy / Gambling discussion / Re: Tyson Fury vs Deontay Wilder: Predictions thread on: December 04, 2018, 01:55:18 AM
Wow. The fight ended up in a controversial fashion I have Fury up on my scorecard. Fury showed a big heart and coming up from two knock downs. He controlled the first half of the rounds but wilder got round 9 and round 12 10-8 because of the knock down but its not enough to win the fight.

Judges' Scores: 115-111 for Wilder, 114-110 for Fury and 113-113 for the draw

I also had Tyson Fury still leading even though he was KD twice by Wilder. Although I thought that Fury will not get up from the second KD in round 12. Did anyone think that the referee gave him more than a 10 second count? Anyways, I heard that a rematch is on the horizon and it will be in UK.

@bbc.reporter -  I'm not sure about the fight being rigged. But I'm sure that a rematch will make both of them huge money.

Yes, besides the possibility of corruption, there is also the possibility of a rematch which will make the promoters and every organization involved richer hehehe.

We are always scammed in all aspects of life, I reckon.
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