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7841  Alternate cryptocurrencies / Altcoin Discussion / Re: Class action suit continues for Tezos token creators on: August 11, 2018, 01:15:06 AM
Is there a Tezos ICO participant in the forum and who is active in the Tezos community? I want to ask how the development of the project is and what is the chance that the lawsuit will succeed for the complainants?

Also, who is Tezos' lawyers leading the defense?
7842  Economy / Services / Re: [OPEN] 🚀 Sportsbet.io 🚀 [Signature Campaign] 🚀 [Up to .015/week] on: August 11, 2018, 01:07:44 AM
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7843  Bitcoin / Press / Re: [2018-08-09] Australia Could See First Solar-Powered Bitcoin Mining Farm in Coal on: August 10, 2018, 01:35:30 AM
We all know that one factors that those anti bitcoin used against us is the amount needed to operate a bitcoin mining farm. And they want as far as saying that its affecting the environment. Now, with the news that Australia would tap and used solar as a renewable source to mine bitcoin. Its cheap and its abundance in Australia. This is a great opportunity and we might see Australian companies looking at this ventures in the future. And we can also mitigated the massive electricity it demands and well as the impact on the environment.

How much cheaper or more expensive would renewable energy use be for the miners in a developed country? I reckon coal, up to now, is the cheapest method to generate electricity, especially in developing countries.
7844  Economy / Speculation / Re: ETF postponed creates another dip on: August 10, 2018, 01:13:23 AM
This would be a nice time to see a beartrap. Smiley

I reckon it is. When the date approaches near September 30, we would see the same people who sold on $7000 and lower, buy again on $8000 hehehe. If there is a dump back to $7000, they sell again with a loss.

7845  Economy / Services / Re: 🚀 Sportsbet.io 🚀 [Signature Campaign] 🚀 [Up to $120/week] on: August 10, 2018, 01:09:25 AM
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7846  Economy / Speculation / Re: ETF postponed creates another dip on: August 09, 2018, 03:00:31 AM
This sensational fuss over the ETF is borderline lunacy. It's just another reason to jerk the price around and stop out everyone who hid under the 7000 level or wherever. I'm getting sick and tired of these 30,000 by Dec / 50,000 by Oct / 100,000,000 by 2020 forecasts. How in the hell can anyone have a true idea of what the coin's value is going to be if there are no fundamental values to base a judgement on? Forecasters have a hard enough time doing it even when the values do exist.

This dip is just another good reason to hang on and chill out. It's not the doom, and the ETF isn't the future.

Agreed. But also, why are the people dumping with a loss now? That would be a mistake. The article says that the decision was postponed only until September 30. It might be better for them to hold a while longer and sell on a better price.


7847  Alternate cryptocurrencies / Altcoin Discussion / Class action suit continues for Tezos token creators on: August 09, 2018, 02:24:30 AM
I reckon this Tezos lawsuit will be made the prima donna of all ICO and illegal token sales in America. I hate ICO scams the same as the most of you, but it would be important for the cryptospace if Tezos was to win the lawsuit to set a good precedent for a less regulated and democratized way for funding new startups.



The dispute, launched by plaintiff Arman Anvari is based on whether the Tezo’s creators actually held an ICO. According to the docket, the Breitmans referred to their ICO as a fundraiser, and purposely did not use such terminology such as ICO during their token sale. The defendants are therefore accused of violating the U.S Securities Commision (SEC) regulations as the lawsuit will determine whether they held an unregistered securities sale in the U.S. The judge dismissed the Breitmans’ motion that their “fundraiser” fell out of SEC’s jurisdiction because it was administered by the Tezos Foundation, which is based in Switzerland.

The judge also noted that the Anvari’s token purchase was hosted on a server located in Arizona, and that their marketing efforts almost “exclusively targeted US residents.”

The plaintiff, Arman Anvari had named several people in his suit, including Tim Draper who is a venture capitalist who publicly backed the project and invested $500,000 (USD) for a ten percent share of DLS. Draper has been dismissed with a leave to amend, meaning that he may still be named if new information is provided to the court exemplifying how the plaintiff was persuaded to buy Tezos coins based on Draper’s recommendation. Another firm, Bitcoin Suisse AGO was used to provide intermediate transactions between Tezos and their investors. Bitcoin Suisse has been completely dismissed as a defendant as their involvement is not substantial.


Read in full https://www.chepicap.com/en/news/2778/class-action-suit-continues-for-tezos-token-creators.html
7848  Bitcoin / Press / Re: [2018-08-08] US SEC Postpones Decision Regarding Bitcoin Exchange Traded Fund. on: August 09, 2018, 01:48:02 AM
dude, I woke up, I turned on my computer and entered the coinmarketcap and I had a big fright, I can not believe what I'm seeing, the price of bitcoin fell to  $6500, but that was already expected, what shocked me was that:

Ethereum: $375,37

NEO: $23,93

Lisk: $3,60

Litecoin: $66,71

What the hell do people have in their heads? if only because the SEC said it will not decide on August 10 and decided to postpone by September 30th and people are selling cryptos to the point of having a fall of more than 9%, this shows that this market is being manipulated and with this attitude the SEC can disapprove any ETF.


Maybe they are dumping them to hold bitcoin or to hold fiat to buy bitcoin under $6000 to prepare for the bull rally on September 30 hehehe. They are making an effort to maximize their profits and gains.

Also, I reckon all markets are manipulated by the whales of that market. Do you think Warren Buffet became a billionaire only because he was a hard worker?
7849  Bitcoin / Press / Re: [2018-08-07] Bitcoin Speculators, Not Drug Dealers, Dominate Crypto Use Now on: August 09, 2018, 01:32:44 AM
I agree, criminals before has a lot of room to work using bitcoin but now different agencies find ways to track those criminals through blockchain analysis. And we all know that bitcoin is not really anonymous and criminals recognized this the hard way. Maybe some of them are still using crypto to hide their illegal activity, but sooner or later the full hands of the law will be knocking at their doors.

Criminals have moved on to privacy coins like Monero, although if you take extortion schemes like ransomware, Bitcoin is still used because it's more likely that the victims will pay with it rather than some privacy coin, because it's harder to buy the latter. This has contributed to decrease of the percentage of criminal transactions, but the biggest factor is that other uses cases have increased. What would be actually interesting is the absolute values of illegal transactions per day in early days and today.


Criminals shifting from bitcoin to monero still means that the whole cryptocurrency still dominates the means of transactions especially in the darkweb. Privacy coins should not be encouraged and should be removed in the blockchain system.

If you truly believe that, then you are missing the whole point of Bitcoin: it was started so people can do whatever they want with their money, without anyone else interfering. There's no such thing as "blockchain system", there are peer-to-peer networks that can not be taken down. You can ask exchanges to delist privacy coins, you can ask government to ban them, but you'll never be able to stop them.

I reckon we should also ask the banks not to accept dollars and euros, and also ask the government to ban them hehehe. They are the most used currencies in the criminal underworld.

Also, why should we stop there? We can ask the goverment to ban carpentry and gardening tools because they can be used for killing people hehehe.
7850  Economy / Services / Re: 🚀 Sportsbet.io 🚀 [Signature Campaign] 🚀 [Up to $120/week] on: August 09, 2018, 01:21:12 AM
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7851  Bitcoin / Press / Re: [2018-08-07] Bitcoin Speculators, Not Drug Dealers, Dominate Crypto Use Now on: August 08, 2018, 02:28:41 AM
Why only now? I reckon it has always been that way. Holders, which coins are obtained from buying, trading or mining, are also considered as speculators.

Also, the volumes of bitcoin used in the darknet drug trade were always overestimated by the news media to create FUD.
7852  Economy / Speculation / Tome Lee's Bitcoin Misery Index indicator on: August 08, 2018, 02:10:00 AM
The details on how to compute the Bitcoin Misery Index is not clear. But according to Investopedia, the index is based on the percentage of winning trades from the total trades, and volatility. The values are from 0 to 100 and it would be at misery if the value moves below 27 and the lower it goes the more the asset is a buy?

Are there experienced chart technicians that can tell us how effective would Tom Lee's BMI versus the RSI?



BTC) “isn’t broken” if it’s holding at the current price and volatility levels, Fundstrat’s Tom Lee said to CNBC’s “Fast Money” on August 6.

In the interview, the Wall Street bull referred to the current indicators of Fundstrat’s recently launched Bitcoin Misery Index (BMI), which aims to inform investors of how “miserable” holders of the currency are based on its price and volatility.

According to Lee, when the index is below 27, it shows that future returns are very good, while if it surpasses 68 percent, it is “time to sell Bitcoin.” Pointing at the index’s current number of 39, Lee concluded that the momentum is “recovering,” noting

“Bitcoin isn’t broken if it’s holding at these levels. I think people are afraid it is going to go back down to $6,000 and never come back from those bear markets.”

Fundstrat’s head of research also pointed out the current levels of Bitcoin dominance on the crypto markets, which has surged up to around 48 percentover the past several weeks after dropping to as low as 37 percent in July.


Read in full https://altcointoday.com/fundstrats-tom-lee-bitcoin-misery-index-indicators-show-the-crypto-isnt-broken/
7853  Bitcoin / Press / Re: [2018-08-06] 52 Quintillion Per Second: Bitcoin Hashrate Breaks Dizzying New Rec on: August 08, 2018, 01:07:39 AM
The article mentions Max Keisler said that price follows hashrate. Is it not supposed to be the reverse?

Mining at a loss now would be gambling, but mining because you know you can make a profit is simple economics. What is happening? Are most of the miners today gambling? I reckon most of them are losing.
7854  Economy / Gambling / Re: BetKing.io Is it a blatant scam? on: August 08, 2018, 12:49:39 AM
@Jollygood. I reckon Betking is not a scam. All the people's withdrawals who used the site have been paid as of now. But what might be a scam is using the name of the site for an ICO. I said might because we do not know what the owner is planning. If all the ICO funds are used to rebuild Betking, then it is not a scam. But if the owner uses the funds in something else, then that is not clearly honest.
This thread is about the investment scam and not players scam, but title maybe should be better changed to "BetKing.io Is it a blatant investment scam?", because signature campaign posters typically do not take the time to read about what they write.


No because @Jollygood wrote this to end his post Is Betking a scam? What is Dean Nolan the "brains" behind Betking playing at?

Also, how will we know if the investors of the ICO want an audit? The first move should be to look for the people who invested in the ICO and let Jollygood create a petition and ask the to sign it demanding for an audit.
7855  Economy / Gambling / Re: BetKing.io Is it a blatant scam? on: August 07, 2018, 02:36:16 AM
@Jollygood. I reckon Betking is not a scam. All the people's withdrawals who used the site have been paid as of now. But what might be a scam is using the name of the site for an ICO. I said might because we do not know what the owner is planning. If all the ICO funds are used to rebuild Betking, then it is not a scam. But if the owner uses the funds in something else, then that is not clearly honest.
7856  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AEON [2018-07-12: update to 0.12.5.0+] on: August 07, 2018, 02:23:44 AM
@nailgumerov8. But how much volume can your market service make for Aeon in Bittrex? Also, would it not be considered as market manipulation thinking carefully on how very small the volume of Aeon is?

7857  Economy / Economics / Re: Be ready for gold's bullish wave on: August 07, 2018, 02:14:18 AM
What's up with these irrelevant, space-wasting pictures?  It drives me nuts when clickbait websites do it, and I would suggest we don't need any more of that here.

As far as gold goes, the sentiment here (not surprising since it comes from kitco) is just like all the articles I read on coinflation.com.  Gold is always ready to break out (same with silver).  Meanwhile, even if it moves a little, it's basically been doing nothing but going down slowly for years.  It's been a death of 1000 cuts for anyone who invested in gold since 2011 and there hasn't been any real good news to suggest that it's going to get any better.  What's hot right now is the stock market and cryptocurrency and even the world political instability hasn't boosted metal prices--at all.

I'm not strongly against buying some gold, but I don't think it should make up even 10% of anyone's portfolio.  It does nothing except collect dust and can't be used for anything by the average person unless it's jewelry.  It doesn't even function as money, like crypto does.

It is not space wasting, it is art. I am expressing how I feel about something in the article hehehe. But I can choose smaller pictures next time to make it less annoying.

But my idea for this thread is to ask if would you want bitcoin to reach a state of low volatility in its present price and be the same as the boring old man in the picture?

I reckon there would be many people in the community that have mixed feelings.

7858  Bitcoin / Press / Re: [2018-08-05] The truth about Starbucks bitcoin payments on: August 07, 2018, 01:59:29 AM
In the near future most of the payments process using Bitcoin will be like this. Companies will use an exchange service like BitPay or other so the customers pay with bitcoin and they receive fiat. I do not consider it as bad, it is rather a first step in the long road to accept Bitcoin directly in final.

Agreed, but no one said it was bad. What I found that I disliked is the way the news was delivered. They distorted the facts and tried to make it appear that bitcoin was going to be directly accepted by Starbucks.

Then some bitcoiners with thousands of followers in social media also began spreading the fake news. Is this what the bitocin community has become? Now maybe we know why Warren Buffet calls bitcoin rat poison.
7859  Economy / Services / Re: 🚀 Sportsbet.io 🚀 [Signature Campaign] 🚀 [Up to $120/week] on: August 07, 2018, 01:49:16 AM
@jeremypwr. Payment was received but I cannot withdraw again. I already sent my username in PM. Thank you.

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7860  Economy / Gambling discussion / Re: [UFC] The wait is over. Khabib vs Conor on: August 06, 2018, 02:26:59 AM
@Hydrogen. What injuries? I reckon Khabib is in the peak of his career and in his conditioning. He can beat anyone in his weight division and that includes Conor.

But I predict Dana has a storyboard for UFC 229. To increase drama, Khabib will be injured in training and his replacement shall be Nate Diaz.
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