And to make things worst in the market, another South Korean Exchanges has been reported to be hacked, this time it's Upbit: In its statement, the exchange emphasized that it deemed the 342,000 ETH transaction to be the only irregular transaction on the ledger, alluding to a number of other large-scale transfers that it said were related to the exchange moving assets between hot and cold storage wallets. https://cointelegraph.com/news/signs-point-to-inside-job-in-upbit-crypto-exchange-hack-says-commentatorI really don't know what to say, $50 Million worth of money has been stolen again and I'm sure lots of negative news will come out again to undermine crypto specially from it's detractors. Funny thing though, after the said hacked, bitcoin goes on a run and touch $7800. Also, there's some movement already, just a matter of time before this hacker makes a mistake an exposed himself, Upbit Theft Update – $16M in Stolen ETH Were Just Transferred. |
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Nothing is wrong since bitcoin is touted to be an speculative asset today. I remember putting this thread in May, Where's FOMO at? Tom Lee. So obviously when we reach that $10k, the price suddenly shoots up around that May-June, and it's the FOMO that drive the market that time. And now we are waiting for the block halving next year and see where this FOMO will take us, $20k?$40k? $50k? |
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Sorry sa pag bump, pero after a month mukhang nilaro lang yata tayo ng China at pinaglaruan na naman ang market. Kasi maraming nag sabi na pro blockchain sila pero in a hindsight hindi talaga ibig sabihin na pro crypto. Kasi pag tapos ng pump eh nakita natin na bumagsak pa sa $6000 levels dahil sa mga fake news na galing sa kanila. Tanda nyo ung Binance at Bithumb raid daw sa Shanghai? Kaya maganda parin pang usapan kung ano talaga ang influence ng China sa market. Maraming nagsasabi na dapat wag nang pansinin sila or pagdudahan ang mga balitang galing sa China. Meron din naman nagsasabi na since sila parin ang ay monopoly ng bitcoin mining, may say parin sila sa market.
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I wonder if we're going to see the CEO ended up dead in India. Sounds familiar? Remember QuadrigaCX? - https://beincrypto.com/quadrigacx-saga-human-tragedy-or-yet-another-exit-scam/As this point since he has the control of the keys then I would assume that he exited scam already. And being the CEO at least you just don't go disappear in the thin air right? What would be the logical reason to just go vanished with the control of the funds? |
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They haven't been in the level of Donaire or other boxers outside ALA promotions. They are not only weak but they are also been abused by the owner. I think this fight between Tete and Casimero will open more opportunities for filipino boxers to refrain joining the ALA stable.
MP promotion is the best promotion as Manny is more influential and a fighter has a better chance to fight outside the Philippines. most of the fights of the ALA promotion are done in the Philippines and time is gold so a chance to fight abroad is what fighters really like. I believe Casimero and Ancajas are both under MP now, hopefully they'll follow the success of Manny. Actually Manny Pacquiao did try to bid on the fight, but he lost it to Frank Warren that's why the fight is stage in UK. Just imagine if Manny did get the fight and stage it on the Philippines, that will be huge confident boost for Casimero. And since he is under MP, I'm sure he is well taken care of as well. We all know that Manny fully supports his fighter and I'm sure Casimero is motivated to bring back the title in the Philippines. |
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It wasn't in the jaw because it wasn't a hook or an uppercut, it was a straight right that landed cleanly on the front face of Ortiz. I am truly amazed by the power of Deontay Wilder, he was weight around 209 pounds when he was facing Tyson Fury the first time and the power he has is incredible, he is not the best boxer in the world but he is the heaviest puncher in the world who could knock out any human in the world. Even in Ortiz fight he did not land that punch in the jaw but in his temple and he got him floored which is incredible power to knock someone of Ortiz caliber and that is what interest me in this rematch too. George Foreman discusses the punching power of Deontay Wilder Then George mentioned these fights: Frazier vs Ellis, Frazier vs Mathis, Ali vs Foreman, Louis vs Schmeling II, and Tyson vs Berbick.
“Those fights had real KOs, of guys they’d never dropped. Louis having been beaten by Max, wins in a KO. Ellis a real champion, with skills. Ali beat an undefeated puncher in Foreman. Frazier beats the house fighter Mathis by KO. Tyson creaming Berbick, the most devastating punch I’ve seen!”
He then pivoted back to the Wilder rematch win over Ortiz. “Guys you’ve kayoed before seem to wait for you to get them again, so no claim to fame to ‘Re-KO.’ I was far from impressed. Now if AJ kayoes Ruiz I’m writing him into greatness. If Ruiz wins, Wilder gets him. I’ll start collecting everything Wilder. King of the world!”
George does give Wilder more props. “Now, for me there has not so far been any better display of pure punching power, in the heavyweight division,” he said of Wilder’s overall power pack. “Norton (in 1973) and Frazier (‘73 and ‘76) were both up when the fight was over. So not pure KOs.” https://www.badlefthook.com/2019/11/27/20985190/george-foreman-discusses-punching-power-deontay-wilderAnyways, we all admit that Wilder has power, it's just a question if he can hit Fury again in the rematch that Tyson won't get up. |
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This is the biggest News for the adoption of bitcoin. Time for bitcoin everywhere.  I wouldn't call this the "biggest news" though. US alone has more than 4000 Bitcoin ATM but it didn't result to the mass adoption because fee's using this ATM's are still very high. Although it makes people curious and might try to used to it. Maybe the people behind installing this ATM's in the biggest shopping mall in the US is to take advantage of curious US buyers and of course to make profit out of this holiday seasons. |
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Wilder To Begin Fury Camp Dec. 31, Workouts Being Reduced Deontay Wilder will be back in the ring Feb. 22 against Tyson Fury, thirteen weeks after demolishing Luis Ortiz to retain his WBC heavyweight title.
The turnaround may be a quick one considering the magnitude of the fight, but neither the Alabaman fighter or his trainer, Jay Deas, are concerned.
Deas has circled Dec. 31 as the date to kick off training camp for Wilder’s rematch against the lineal heavyweight champion of the world, the trainer told BoxingScene.com. https://www.boxingscene.com/wilder-begin-fury-camp-dec-31-workouts-being-reduced--144634A full 12-13 weeks of training for Deontay to prepare for this big fight. I think this is good for his body as the training said that they are going to reduced his training loads. I agree that this will be very huge fight in the boxing community. I'm still 50/50 in this fight, and I'm sure the odds are going to be close in this one, I'll probably look for ML here first and see how I'm going to bet in this fight. @TopTort777 - according to https://en.wikipedia.org/wiki/Deontay_Wilder_vs._Tyson_Fury, Purses
According to the California State Athletic Commission, Wilder had a guaranteed base purse of $4 million and Fury took home a guaranteed purse of $3 million.[21] Despite Frank Warren's original claim that the revenue would be split 50-50, it was revealed that if the fight generated 1 million PPV buys, Wilder could make $14 million (£11 million) and Fury would earn around $10.25 million (£8 million). Both boxers would see this increase to their base purses after receiving their percentages from pay-per-view revenue.[22] That is during their first fight. So I will assume that because of the magnitude of this rematch, they will received more than or at least double what they got in the first fight. |
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Full Press Conference: https://www.youtube.com/watch?v=KYg-VxrlJlIOf course I'm going to support Casimero here this guy didn't get the support of majority of Filipinos because he is still relatively unknown unless you're a truly a boxing fan. I do hope that Casimero will take advantage of Tete's long inactivity and ring rust and blast the hell out of him. And Tete is already talking about facing Inoue, so it seems he is confident that he is going to win this fight, so let's see. |
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For those who have been in this game and an old timer, I'm sure you know who MasterLuc is. And those for those newbie, I would say he is one of the most respected and legend in the bitcoin community as he been predicting bitcoin price movement as close to accurate as possible. Old thread: Yet another analyst New thread: Analysis
New long term prediction as I see it now
This post is my updated vision to Bitcoin future price dynamics in context of broken all time log trend (blue in picture).
So the Bitcoin lost its huge momentum to stay in this trend - this was going to happen sooner or later.
As the technology being adopted - it loosing its blowing popularity and leaving straight-style log trend while continue to grow in SQRT-style trend (green in picture) more smoothly. I had difficulties to draw this green trend using regular tools, so it is not really accurate.
So this is the basic idea behind this post, and i thought about it for years and now here it is.
I think Bitcoin price will follow next steps in future:
1. Finding a local bottom. Should be at 1300-3000 range. Should not break previous lower low at $159 (lol). But i think it should be 4-digits. Nearest weeks.
2. As it dropped fast - as it should bounce fast to retest lost $6000 level and log trend at around 10000-20000. 2019-2020 AD.
3. Then it should fall back to ~6000 support. This should happen up to 2020 AD.
4. Go to new highs. Beyond 2020 year.
Bitcoin technology will eventually find its place in human society after 2020 AD. And its price will become relatively stable in any mid term and slowly climbing in long term.
This is the stairway from current bear hell as I see it.
https://www.tradingview.com/chart/BTCUSD/JSP3KDmy-New-long-term-prediction-as-I-see-it-now/ |
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Bad news mga kababayan. Isa na naman exchanges sa South Korea ay na hacked ng halos $50 million. Heto and official na pahayag nila: Notice
Here are the reasons for suspension of cryptocurrency deposit and withdrawal service and emergency server check.
Posted on November 27, 2019 17:56 | Views 42988
I am Lee Seok-woo, CEO of Doo-myeon who operates Upbit.
First of all, I apologize for any inconvenience this may cause to you.
At 1:06 PM on November 27, 2019, 342,000 ETH (approximately 58 billion won) were transferred from the Upbeat Ethereum Hot Wallet to an unknown wallet.
Unknown wallet address is 0xa09871AEadF4994Ca12f5c0b6056BBd1d343c029
As soon as we confirmed this, we started responding.
Upbeat responds as follows to protect members' assets.
To ensure that your assets are harmed, 342,000 ETH transferred to unknown wallets will be covered by upbit assets. We're working on it, and I'll tell you as soon as I'm done.
All cryptocurrencies in Hot Wallet have been transferred to Cold Wallet.
It is estimated that it will take at least two weeks for the deposit and withdrawal to resume. I'll tell you again when this is done.
Ethereum is the only trade out of the bulk transactions, and the rest of the bulk trades have moved all cryptocurrencies in Hot Wallet to Cold Wallet.
If there are any other changes, I will tell you again.
Lastly, the exchange manager who handles cryptocurrency asks you to prevent deposits from the Ethereum address where the abnormal withdrawal has occurred. Please report to Upbit Customer Center.
Report to Upbit Customer Center (open 24 hours)
Representative of the cedar tree
https://upbit.com/service_center/notice?id=1085Ginamitan ko ng google translate, so baka hindi maganda ang pag-kakatranslate. So asahan na naman nating makaka apekto to sa presyo ng bitcoin sa market. At baka mag below $7k na naman. Di ko sure kung may nag tratrade sa tin gamit tong exchange na to, kung meron man eh hindi magandang balita to |
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Here are the reasons for suspension of cryptocurrency deposit and withdrawal service and emergency server check.
Posted on November 27, 2019 17:56 | Views 42988
I am Lee Seok-woo, CEO of Doo-myeon who operates Upbit.
First of all, I apologize for any inconvenience this may cause to you.
At 1:06 PM on November 27, 2019, 342,000 ETH (approximately 58 billion won) were transferred from the Upbeat Ethereum Hot Wallet to an unknown wallet.
Unknown wallet address is 0xa09871AEadF4994Ca12f5c0b6056BBd1d343c029
As soon as we confirmed this, we started responding.
Upbeat responds as follows to protect members' assets.
To ensure that your assets are harmed, 342,000 ETH transferred to unknown wallets will be covered by upbit assets. We're working on it, and I'll tell you as soon as I'm done.
All cryptocurrencies in Hot Wallet have been transferred to Cold Wallet.
It is estimated that it will take at least two weeks for the deposit and withdrawal to resume. I'll tell you again when this is done.
Ethereum is the only trade out of the bulk transactions, and the rest of the bulk trades have moved all cryptocurrencies in Hot Wallet to Cold Wallet.
If there are any other changes, I will tell you again.
Lastly, the exchange manager who handles cryptocurrency asks you to prevent deposits from the Ethereum address where the abnormal withdrawal has occurred. Please report to Upbit Customer Center.
Report to Upbit Customer Center (open 24 hours)
Representative of the cedar tree
https://upbit.com/service_center/notice?id=1085So it looks like we have another bad news in the market, as Upbit has officially admitted that they have lost 342,000 ETH (around < $50 million if my math is correct). So brace yourself for another downside because of this news. https://etherscan.io/address/0xa09871AEadF4994Ca12f5c0b6056BBd1d343c029 |
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I wouldn't categorically call Satoshi a random guy.
Low moments? Mt. Gox heist, up to this day, settlement is still on-going. So this ghost in the past is still haunting us all.
I also say that Litecoin is not a competition to Bitcoin, remember that Litecoin uses almost the same code of Bitcoin as far as I know, so it's too complement and not to compete.
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I updated the clone sites in the list, salamat sa mga nag contributed.
@bisdak40 - ewan ko lang pero ako matagal ng gumagamit ng mga iba't ibang mixer services. Pero alisin ko lang yung notion na hindi porket nagamit ka ng mga tumbling services eh illegal ang gawain mo. Ako kasi kasi ako nagamit eh dahil sa privacy.
Siguro swerte lang tayo kasi may coins.ph tayo at direchong deposit agad dito. Pero sa karamihan ng nasa mundo ng crypto eh gusto ang isa pang added layer ng privacy na binibigay ng mga crypto mixer.
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Lol, that is the Casimero we all know of. He even doesn't have his own nutrition coach?  Just a week to acclimatised to the weather ah, good for him. But I'm expect Casimero to give us a show here against Tete, it will be difficult for him but not impossible to upset Tete on Nov. 30. |
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What a way for Wilder to win the rematch, Ortiz was getting comfortable as the round progresses and I seriously thought that he is leading in the score in the judges card. Wilder didn't let his hands go until the 5th. Sad to see Ortiz lost this fight like that because it was just 2-3 seconds before the end of the round 7 when he was caught and laid down in the canvass and didn't know what happened.
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