Are we beginning to witness more optimism on an approval? When I share news about ETF approval before, the replies from the forum influencers were more negative than positive. Presently it is no reply or some positive replies.

In any case, now that everyone is optimistic, I am beginning to be more skeptical hehehe. The news on more crackdowns from the American government because they claim that Hamas is using bitcoin might influence uncle Gary to reject the next scheduled application on Novermber 17.

However, the pump on bitcoin might not stop because this pump presently might not be about the ETF. This might be something similar to what George Soros and his group are doing before. Powerful people create fear on the market when they are buying and create hype when they are selling.

This is certainly sad news. This announcement was also mentioned in Teddy Atlas' podcast and he expressed the blame on the promoters. It was very much similar to what I have said about much of these boxing events being similar to scam ICOs where the promoters hype the ICO, collect the money then dump on their own customers hehehehe.

These ICO scammers do not add anything to the cryptospace and similar to some of these events, they do not add anything to the sport of boxing.

@ChiBitCTy. Yes, flight time going to London is 9 hours, they play vs. the Bills, they won the game, they ride another flight of 9 hours, have training then play the Colts and again won the game. This would imply that they might be tired for the Saints, however, his also implies that they should not be underestimated. If someone will give you +3 for the Jaguars you should bet this hehe.

@Hueristic. Hehehehee I would not have won even if I had Henry and Jaguars defense because Massage Watson is injured and Pollard did not get much points. I thought Pollard would get more than 20 against this Chargers defense.

The rumor is very headshaking and will certainly only trick the people who does not know that the president cannot fire an SEC chairman. There needs to be a reason that is impeachable and if the SEC chairman is impeachable, it will be argued and voted in congress.

In any case, it appears that this grandma Elizabeth Warren is attacking crypto with fud again. I speculate this fud might manipulate uncle Gary to reject the applications for the ETF again that have a deadline on November.



Sen. Elizabeth Warren, D-Mass., along with more than a hundred other lawmakers, said she is concerned about how Hamas raised millions of dollars through cryptocurrency and wants answers from the administration of President Joe Biden.

The slew of bipartisan lawmakers cited a report from the Wall Street Journal last week that said Hamas, along with other militant groups, used crypto as a financing tool ahead of attacks in Israel earlier this month. The letter was sent on Tuesday to the Treasury Department and the White House.

Source https://www.theblock.co/post/258183/sen-elizabeth-warren-joins-more-than-100-lawmakers-to-ask-biden-about-plans-to-prevent-crypto-financed-terrorism

Can you share a screenshot of the chart on tradingview?

This is a chart from coinalyze.net with the total aggregated open interest from the futures market of the biggest crypto exchanges. This clearly shows a short squeeze has occurred that liquidated short sellers. Also, the pump to $30k which immediately went down to $28k without much of a dump also shows it was a short squeeze.

News update. Mike Novogratz with the Luna tattoo has again declared with confidence that one of the bitcoin spot ETF applications will be approved before the end of 2023.

We have witnessed how these crypto CEOs like CZ, Justin Sun and Sam Bankrupt-Fraud are very much similar to clowns, hustlers and scammers. I reckon with the Luna tattoo on his arm, Mike Novogratz might be included in the clown category hehe. However, what does everyone speculate on his prediction? Does everyone agree or disagree?



A spot bitcoin exchange traded fund is coming as soon as 2023, according to Galaxy Digital CEO Mike Novogratz.

The billionaire crypto bull pointed to multiple requests by firms to launch a spot bitcoin ETF over the past year. Those will undoubtedly be approved by the Securities and Exchange Commission, and that could come as soon as before the end of 2023, Novogratz said in an interview with CNBC on Wednesday.

"It's going to get approved … We think it happens this year in 2023," Novogratz said. "All the indications of dealing seem to be heading in the right direction."

Source https://markets.businessinsider.com/news/currencies/spot-bitcoin-etf-outlook-crypto-mike-novogratz-sec-approval-blackrock-2023-10

It also appears that it is not only bitcoin that is being targetted by fake news. There is also other fake news being shared that the creators of Roblox has begun accepting XRP for payments.

Are they beginning to use fake news as a tactic to anger the SEC? Uncle Gary is scratching his head.



On social media, false claims can spread like wildfire—even well after the source media has been deleted.

Roblox has denied that it will support XRP payments, despite claims that spread widely on Tuesday, telling Decrypt that any suggestion that gamers could buy Robux to pay for in-game items with Ripple’s XRP token is “inaccurate.”

The rumors began swirling late Monday when payments processor BitPay tweeted that users could begin using Ripple’s XRP token for Xsolla payments in supported games—and tagged the free-to-play games Roblox and Smite.

When asked why the tweet was deleted, BitPay CMO Bill Zielke told Decrypt via email: “There was an error in the tweet.

Source https://decrypt.co/202077/roblox-debunks-inaccurate-xrp-claims-says-crypto-payments-not-allowed

If you are not a whale, stop using CEXs. This rule will only cause more annoyances for a small amount of money.

I am not quite certain how this will affect DEXs implemented on DeFi, however, it appears that Uniswap might begin implementing KYC for v4. If all DEXs starts enforcing KYC, it might be a good time to learn how to interact with smart contracts directly hehehehe.



New European Union rules that let tax authorities share data on individuals' crypto holdings were formally adopted by the bloc's finance ministers on Tuesday. The document will now be published in the EU's Official Journal and enter into force 20 days later.

The rules were proposed last year in a bid to block assets from being stashed overseas using crypto and had unanimous support from EU member states despite discussions mostly taking place largely behind closed doors.

Read in full https://www.coindesk.com/policy/2023/10/17/eu-formally-agrees-on-new-crypto-tax-data-sharing-rules/

I reckon Trevor Lawrence and the Jaguars might be underestimated for this game. The Jaguars won versus the Bills in London and they were speculated to lose versus the Colts because they might be tired from travelling back to America from London. However, they won and the Jaguars secondary showed their toughness and strength. I reckon they will try their hardest to win against the Saints and the Steelers before they lose to the 49ers hehehe. They know this already and their roadmap to the post season might be to win the games where they have a chance and save their strength on games where they know that they will lose.

Agreed, it is really very head shaking how everyone is cheering for this market manipulation. This is very bad and it might reduce the chance of an ETF approval because the SEC can presently declare that the bitcoin market is being manipulated easily.

There is also these types of fud that are being reported by mainstream news media. I speculate that because of this war and because of the sensitivity of the situation in the Middle East, I reckon some of the applicants of the ETF might remove their applications and postpone later.



How Hamas is using cryptocurrency to raise funds

But Hamas has apparently not stopped such efforts altogether. On Tuesday, Israeli authorities announced the freezing of additional cryptocurrency accounts that the group had allegedly used to collect donations during this week’s conflict.

And aside from bitcoin, crypto wallets that Israeli authorities have said are linked to Hamas have included the cryptocurrencies Ether, XRP, Tether and others, according to an Israeli government order.

It’s unclear how much money Hamas has received in cryptocurrency, but there’s evidence they have amassed significant amounts.

Source https://edition.cnn.com/2023/10/12/us/hamas-funding-crypto-invs/index.html

I disagree. It was only market manipulation, this was not money waiting to buy. Market manipulators pumped the bitcoin futures market which caused a liquidity cascade which liquidated the traders who were short selling bitcoin. After this when the traders bought long futures, they were also liquidated when the price dumped hehehehe.

This is not good for bitcoin because this type of market manipulation might give another reason for uncle Gary to disapprove on all spot ETF applications.

I very much agree! However, if what Robert Kennedy Jr. has promised is true in ending the war on bitcoin, I speculate that inflows of dollars and stablecoins will be quicker and bigger which will certainly cause a big harder pump than the pump on 2021. This might also cause a longer pump which I reckon everyone in this forum will like to feel.


Agreed that the bitcoin community cannot help him win the presidency. If nothing is what he can get for his support on bitcoin, does this imply that his support is real without an agenda?

@Natalim. Similar to many of the voters, I also voted for $30k and stay there. However, according to social media, the pump yesterday was caused by fake news from Cointelegraph when they declared that Blackrock's application for the ETF was approved by the SEC already.

This is head shaking because uncle Gary might say that the market is again being manipulated which will cause his decision to reject all of the application again. Also, this image is being shared in social media, I am quite certain this is a joke heheheehe.

@BenCodie. The better economics of what? Bitcoin as a speculative investment? This is not economics hehe. But I agree, many people will become quite rich by 2030 because of holding bitcoin when the inflows of new dollars enter the cryptospace. Similar to you, I am also holding. However, we should be humble and not be on a position that we act better than other people or think that bitcoin is the best that has no second best, according to Michael Saylor Moon hehehe.

Also, on scaling, I am quite certain bitcoin will be the same on 2030.

@Fauderz. These sports celebrities are also victims by Sam Bankman Fried and no one is implying that they were supporting the scam. They supported FTX the cryptocoin exchange. They did not know Sam was scamming everyone since since 2019. The year is according to some speculations on social media.

I reckon Tom Brady, Steph Curry and the others should return the money and have their own lawsuit against Sam for damages caused. It might have caused the divorce of Tom Brady's marriage hehe.

I reckon both the Bills and the Giants deserved to lose hehehehe. Also on the final play, why did the Giants' quarterback made the decision to throw the ball to a receiver? It was only 1 yard. Giving the ball to the running back might have a higher chance for the touchdown.

However, I am not the football expert hehehe. The coach might have noticed something.

@Igebotz. Yes, Cowboys' Tony Pollard is the best running back in the NFL who will score 25 fantasy points and make me win my week 6 against the Barbarian.

News update.

It appears Sam and his lawyers have found a way to manipulate the trial by using delaying tactics caused by Sam's addiction to Adderall.

Also, I speculate that Sam's Adderall addiction might be used to argue the case towards the effects of this drug to a person and how the drug affected Sam's decision making in FTX to make it appear that he is another victim of the pharmaceuticals business.



Stimulant misuse is responsible for many issues, especially more commonly known drugs like Adderall. This use is extremely common on college campuses and with young adults more prone to risky behaviors. While both problem gambling and stimulant use have negative effects and are closely related in terms of their usage demographics, the relationship between Adderall and gambling disorders is an unknown for many individuals. Let’s explore how this drug can impact one’s propensity to partake in uncontrolled gambling activities.  

What Is Adderall?

Adderall is a class of stimulants used to treat Attention Deficit Disorder and related problems. It can be an extremely effective drug, and with that comes a desire for doctors to avoid overprescription or early refills. Yet, as with any medication, there are ways individuals can access it without a prescription that can lead to misuse and other related issues.

Stimulants and Gambling

Gambling and drug use are often lumped together in one, and for good reason. A surprisingly large percentage of college students report gambling, taking drugs, or both each year. With the popularity of gambling increasing over the past few years, there’s increased importance on understanding the relationship between drugs (like simulants) and gambling.

Many studies report that individuals who report gambling problems are also more likely to report misuse of stimulants or other drugs. So keeping these stimulants out of the hands of people who don’t need them and educating others on the impact of these drugs can go a long way to preventing gambling problems.

Source https://800gambler.org/can-adderall-cause-gambling-disorders/

I very much agree. Also, similar to what I have said before, these type boxing events are much more similar to scam ICOs. The promoters hype the event as much as possible and collect as much money as possible then create a bad product and dump their tokens on the community's faces.

However, there might be people who would argue where is the bad product on the boxing event hehehe. My argument against them is to start watching WWE. It is a better product and cheaper.

@ralle14. It is very ugly if you are a Bills fan or if you have James Cook placed as one of the running backs in your fantasy league instead of using Derrick Henry heheehheehe. Also, this type of performance is very much assumed for the Giants on the road against the Bills. This is a very shocking performance for the Bills.

How much points did you give? I speculate it might be -10 points? It might be difficult, however, it is not impossible.

@ralle14. However, it appears that it will be the Bills that are having difficulties on winning against the Giants. I am sharing @morvillz7z's frustration because I have James Cook in my fantasy league and on a very important week hehehe.

It also appears that Josh Allen is not the same player when he was written by sports news outlets to be an MVP for the last 2 seasons before this.