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901  Bitcoin / Legal / Re: The SEC Struggles to Recruit Crypto Experts, Report Says on: November 16, 2023, 02:50:49 AM
Karma is a bitch.  Cheesy

SEC is the reason for many FUD on crypto which every crypto holders is affected. I doubt that someone in crypto industry will help this department that main goal is to suppress anonymity of crypto.

They should just invest on training someone to become crypto expert rather than hire from crypto community that despise them badly.

This is not karma. There is a requirement that before they can be hired, they should dump all of their cryptocoins and tokens. Why would anyone who has invested in the cryptospace do this? It would be something similar as becoming a traitor to the community hehehe. Also, it might be earning lesser than holding the right coins.

LOL, but yeah, it has nothing to do with Karma, but maybe @Eternad is just sarcastic when he says that SEC is getting what they deserved for now. I mean they have been the bane of crypto enthusiast and most of the time, we think that they are really anti-crypto or having a hard stance.

Nevertheless, it seems that this just just a hurdle, who knows, maybe the pay rate is really that good that someone will take a bite on this job.

We all know that in the US there is also a problem with people not having a job and obviously, it's hard for them. But if they see fit in this role then why not?

The pay rate might be good, however, what type of crypto experts would be attracted to work for the government? We have witnessed much of the experts in the cryptospace are scammers, some of the founders of many projects are not really experts and the investors who do their research invest in them only for their future potential not for what they presently are.

I am afraid the experts that the SEC will be hiring might not be real experts because real experts are very difficult to find.
902  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: November 15, 2023, 03:45:24 AM
The results of the games you mentioned are headshaking except for San Francisco vs. the Jaguars hehehehe. Also, the Bills which lost vs. the Broncos in their home stadium was not very shocking for me. I mentioned this last week and asked if there were injuries on the Bronco's secondary. This Josh Allen appears to have a minor injury, I reckon. This season he does not scramble very much like the seasons when he was speculated to be the next regular season MVP. I speculate that it might be his knee or his ankle.
Josh Allen is dealing with a right shoulder injury, which is his throwing arm, and it seems way more serious than previously reported as he is missing practices, if to this you add he is showing regression, his cap hit is increasing, there seems to be turmoil on the locker room and even the Madden curse could be involved, this help us understand what it may be going on, I also think Allen may have gotten too used to get the big play and move the ball too fast instead of methodically beating his opponents, and recently even Tom Brady made the observation that he is taking too many risks and said Allen should tone it down a little bit.

On Discord, it mentioned by someone that Stefon Diggs was being very self important and demanded that he have more balls thrown at him which might have been giving much pressure on Josh Allen and how he wants to play. Josh Allen might always say that Stefon Diggs is my brother, however, there are some articles that would make you skeptical of this.

In any case, for the next game in fantasy I am against Burrowhead. The projection is telling me that I will win similar to what it has told me last week hehehee.
903  Bitcoin / Bitcoin Discussion / Re: Blackrock ETF Discussion on: November 15, 2023, 02:24:52 AM
What is Blackrock trying to imply or what might they have on their bitcoin investment roadmap? The skeptical me thinks that they want more control over the cryptospace if they are to invest billions of dollars on this.

It also appears that this article is mistaken. Blackrock has an investment on USDC through being an investor on USDC's issuer Circle. To control the stablecoin market is to control much the inflows and outflows of the cryptospace.



In a recent move by BlackRock Inc., a leading asset manager, the firm has highlighted the potential risks stablecoins pose to the Bitcoin market in its filing for a US spot Bitcoin ETF. This disclosure, part of a public document submitted to regulators, brings forth the complexities and challenges in the evolving cryptocurrency landscape.

BlackRock’s document underscores the indirect exposure to stablecoins, specifically mentioning Tether USD (USDT) and Circle USD (USDC). Despite not investing in these digital assets, the firm acknowledges their significant impact on Bitcoin and other digital asset markets. Interestingly, the document details the nature of stablecoins, emphasizing their intention to maintain a stable market value, a goal that has recently seen challenges.


Source https://coingape.com/blackrock-inc-spotlights-stablecoin-risks-in-us-bitcoin-etf-filing/
904  Economy / Exchanges / Re: FTX Exchange might be brought back online - Would you use it again? on: November 15, 2023, 01:49:24 AM
It appears this rumor is becoming true hehehe, this only occurs in the cryptospace. An exchange created to scam from the beginning, restored and restructured to accept new customers but with a bad reputation. If this becomes a success, there might be something wrong with us.

No, this cannot be allowed to happen.

How can people ever possibly trust a crypto exchange again after it went bankrupt and went to hell? Also, how will the investors and celebrity advertisers ever trust FTX after the reputation damaged it caused all of them?

The only people who will use FTX after this, are fools waiting to be parted with their money again.

Quote
Also, as a reminder, Sam Tabasco is somewhere on his yacht, sailing around the world and enjoying his luxurious life using your money.

Sam Trabucco you mean?



Bankruptcy is okay. However, if an exchange was already a scam from the beginning that hurt many small investors, it should not be allowed to continue.

Also yes, Sam Tabasco.

905  Economy / Speculation / Re: Hong Kong regulators might allow spot ETF on: November 15, 2023, 12:52:01 AM
There are many spot etfs in many countries already this is nothing new. I think somewhere in Europe there was a bitcoin etf from maybe 5 years back.

USA and the sec is the only country pretty much that refuses to launch one and we don’t know why. Look at how many stocks go bankrupt like Bed bath and beyond and they head to $0 while they think that bitcoin network might stall and the etf will go to $0, highly unlikely.

In many countries? How many and what are these countries? I am quite certain that there are not many countries offering spot ETFs for bitcoin or other cryptocoins. Also, if it is a spot ETF in a developing country with a small market, we can also be quite certain that it will not have effect on the whole market.

On Bed Bath and Beyond, you cannot compare hehehe. I do not know the story but the stock goes to 0 because the company behind the stock went bankrupt and if a company goes bankrupt, they are ordered to delist their stock from the stock market.

In an case, back on topic, can the data on the take up on futures ETF be used as precedent for how much the take might be for the spot ETF?

More than 1 is many. And I think Bitcoin spot ETFs are already offered in certain countries like USA's neighbor Canada, and in Switzerland and Germany in Europe, in Brazil in South America, and in Australia as well, and other countries in the whole world. And these are developed countries as well.

Futures ETF cannot be used as a precedent because it doesn't offer 100% exposure to Bitcoin. Spot ETFs are backed by Bitcoin itself. That's the kind of exposure offered by a Bitcoin spot ETF. And also futures are expensive to maintain compared to spot ETF.

The numbers in countries where both Bitcoin futures and spot ETFs are available are proof that spot ETF is much more in demand than futures.

I very much disagree, I am sorry. More than 1 and less than 7 is a few, 7 or 8 is several, more than 10 is what I would consider many. However, I was only asking. If there are really more than 10 countries that have issued an ETF then there many and it might make for the argument that the take up might be low.

In any case, @Lucius made a good argument that the take up was low because none of those that issued the ETF were from Blackrock hehehehe.
906  Economy / Gambling discussion / Re: 2024 Oscar Awards bets and discussions on: November 14, 2023, 06:06:19 AM
Keep in mind, these awards were consistently losing relevance and public until something as unhinged as that happened and became viral.
Incident from last year won't make it any more popular or relevant. On the other hand, what will make it more relevant is when they finally stop to push their agenda but I don't see that happening anytime soon.

Politics aside. Don't you remember the reaction people had once Will Smith slapped Chirs in the face? It completely give a lot of attention to the Oscars, even people who did not follow the awards was aware of what happened and commented about it and also, it is not a lie or an exaggeration those awards were going through a period of decadence since some years ago, whether  because the agenda you talk about or because people were simply not as interested as before.
I would even dare to say more people are keeping an eye on this year's edition because of the scandal of Will Smith, staged or not. It would not stop the organizers to try to pull off something to keep people hooked on their event.

The slapping of Chris Rock occurred during 2022 Oscar ceremomies. The Academy of motion pictures arts and science asked Chris Rock to be the host again for the 2023 ceremonies which I speculate that the slapping could be used for marketing hehe. However, Chris Rock did not accept. He said it would be something similar to returning to a crime scene hehehehe.

@Rikafip. You are lucky you only watched it in your home with subtitles. I watched it in the cinema and I was scratching my head and telling myself that this movie is not for the big screen.
907  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: November 14, 2023, 05:06:03 AM
@everyone. How are the injuries on the Broncos' secondary? I think if they are 100%, Russell Wilson and the Broncos might win +7 against the spread vs. Josh Allen and the Bills. Josh Allen is also not anymore the yearly MVP candidate that we have witnessed for the last 2 seasons, I reckon.

@ChiBitCTy. Where is Justin Fields?

In any case, in the beginning I thought I would win. In the present, I know I will lose again on this week.

He’ll be back next Sunday when they play the Detroit Lions at their house. I think he wanted to play this past Thursday against the Panthers, but for whatever reason they decided to hold him out one more week.

Some decent games tomorrow. Can’t wait to watch the Texans Bengals to see how Stroud follows up that performance from last week.  Niners Jags is one heck of a game I’m really looking forward to. Browns Raves a decent one as well.  Sunday and Monday night games though, yuck.

The results of the games you mentioned are headshaking except for San Francisco vs. the Jaguars hehehehe. Also, the Bills which lost vs. the Broncos in their home stadium was not very shocking for me. I mentioned this last week and asked if there were injuries on the Bronco's secondary. This Josh Allen appears to have a minor injury, I reckon. This season he does not scramble very much like the seasons when he was speculated to be the next regular season MVP. I speculate that it might be his knee or his ankle.
908  Economy / Gambling discussion / Re: Boxing Speculation, Odds and Predictions on: November 14, 2023, 03:39:21 AM
@Jating. However, there is a skeptical way of thinking about this. What if Tyson Fury only made it appear that he was weak vs. Francis Ngannou? It might also be that Tyson Fury did not want to overtrain and have a higher risk of injury because he wants to prepare for the heavyweight championship unification vs. Usyk. The Ukrainian should not make the mistake of reducing his training schedule.
But if you look at Fury fighting style and preparation in facing Ngannou, it is really serious and the fight is quite an important fight for Fury, if he really loses to Ngannou it will be very embarrassing and it will even be bad day for Fury because he has the nickname of an invincible monster.
Moreover, the fight for the heavyweight championship between Fury and Usyk had to be postponed because of the fight between Fury vs Ngannou, so it can be concluded that both of them are also very important fights.
Even though this fight caused lot of controversy because Ngannou should have won, we were quite amazed by what Ngannou showed in his first debut against heavyweight champion Tyson Fury.

But there is something interesting where Usyk tweeted on Instagram that he didn't want Fury to get injured when fighting Ngannou because he needed Fury for his fight schedule.

How can we know if Tyson Fury's training was very serious for Francis Ngannou? Everything they show on video is to hype and market the fight to make it a certainty that we would be the payperviews and for those who want to go to the event, the tickets. Fury clearly underestimated the Cameroonian born MMA fighter. He might have thought that it would be something similar to Conor where Conor became very tired on round 10. Ngannou appears to have fixed this weakness after his loss in the UFC against Stipe.

@danherbias07. Joshua might not be a good fight for Francis after Joshua's loss to Usyk where he was cheering hiphip hooray hehee. The Bronze Bomber might be a better pairing and it would be more thrilling because Francis and Wilder can win with a knockout.
909  Economy / Exchanges / Re: FTX Exchange might be brought back online - Would you use it again? on: November 14, 2023, 02:15:13 AM
It appears this rumor is becoming true hehehe, this only occurs in the cryptospace. An exchange created to scam from the beginning, restored and restructured to accept new customers but with a bad reputation. If this becomes a success, there might be something wrong with us.

Also, as a reminder, Sam Tabasco is somewhere on his yacht, sailing around the world and enjoying his luxurious life using your money.
910  Economy / Speculation / Re: Hong Kong regulators might allow spot ETF on: November 14, 2023, 01:32:22 AM
Seems ironic to talk about Hong Kong when its been taken over by China who had previously banned Bitcoin.  To look towards this now with some optimism is quite comedy.  China didnt keep its promises and agreements over Hong Kong remaining separate with independence in jurisdiction from their communist regime, unfortunate as this promotes decay in HK as the finance asset and trading hub it had become.   It was worth leaving alone just for that revenue benefit but communism couldn't suffer the comparison and HK was assimilated.  I got little faith in action occurring in Hong Kong now for the long term.

You are talking about politics which is quite a different apparatus from business. Similar the America, Hong Kong also has hedgefunds, institutional investors and other types of firms that might want to invest billions in the cryptospace through an investment instrument like an ETF.

Also, is Hong Kong, being one of the biggest investment capitals in the world, really falling because of the repression from Beijing? I reckon this might only be a storyline created by the Americans because Hong Kong and China's economy are presently not very good similar to much of the economies of other countries. It would be a different storyline if their economies are pumping.
911  Economy / Gambling discussion / Re: 2024 Oscar Awards bets and discussions on: November 13, 2023, 05:56:39 AM
Because I have a personal theory of the Oscar organizers realizing such event helped to boost the number of viewers worldview, since they are not stupid, they will try to pull off even more drama to attract even more people to watch their espectacle.
People still think that incident from last year has been staged? Smh..

Will Smith has been banned from Oscars for 10 years, his reputation ruined and even career damaged as some movies were delayed yet people think that anyone in their right mind and in Will Smith's position would do it? Not everything is a conspiracy, people do stupid things all the time and that was one of them.


You should add Napoleon in your list of movies to watch.
Napoleon is already on my watchlist but I only referred to the movies you mention in the first post. And yeah, I have high expectations from that one as last Ridley's history movie ((The Last Duel) was quite good + Joaquin Phoenix is in it.

It was not staged. Did everyone see Chris Rock's counterattack in his newest stand up special? It was very brutally truthful. Everyone should watch it. He was also premiering it in the town where his wife grew up.
912  Economy / Gambling discussion / Re: Boxing Speculation, Odds and Predictions on: November 13, 2023, 04:45:59 AM
@Jating. However, there is a skeptical way of thinking about this. What if Tyson Fury only made it appear that he was weak vs. Francis Ngannou? It might also be that Tyson Fury did not want to overtrain and have a higher risk of injury because he wants to prepare for the heavyweight championship unification vs. Usyk. The Ukrainian should not make the mistake of reducing his training schedule.
913  Bitcoin / Legal / Re: More Regulation Incoming! on: November 13, 2023, 03:47:44 AM
I am not quite sure where to share this news, however, if this proposal is passed and approved, this might cause uncle Gary to submit his registration and end his chairmanship of the SEC eariler. It will certainly be a bullish moment for bitcoin and all of the cryptospace.

The skeptical me is thinking that this lawmaker is one of Blackrock's politicians that they carry in their pocket like nickels and dimes heehehe.



Rep. Tim Burchett of the United States introduced an amendment to the Financial Services and General Government (FSGG) bill that proposes to cut Securities and Exchange Commission (SEC) Chair Gary Gensler's compensation to $1 per year.

The amendment was submitted as part of a larger campaign to defund the regulatory agency and to dramatically slash government expenditure.

Gensler's pay as SEC Chair is now reported to be more than $300,000 per year. Burchett's proposed amendment would reduce his compensation to a symbolic $1, emphasizing the legislator's desire to limit the regulator's authority.


Source https://finance.yahoo.com/news/us-lawmaker-proposed-slash-gary-052849898.html
914  Economy / Speculation / Re: 2023 end game sentiment check on: November 13, 2023, 02:39:23 AM
I feel like mid 2017 is repeating again. That is when price was starting to break $3k after a very long time being stuck below that and a group of bearwhales refused to accept the trend change and kept dumping their coins on the market to crash the price ... and ... they kept failing and losing money Tongue

Agreed heehhe! However, this pump might only be a speculation on the approval of the spot ETF. The next scheduled date for approval or rejection is on November 17, there are 2 applications and another one on November 21. If they are rejected, it might be a sell the news dump, I reckon. However, if at least 1 of 3 is approved, we can be quite certain that we will witness another pump to $40k.

The most bullish might be if 3 are rejected but bitcoin does listen and pumps to $40k hehehe. This would certainly be a declaration of strength by the bulls that we are officially on a bull market.

915  Economy / Exchanges / Re: Poloniex hacked, $100M+ stolen on: November 13, 2023, 01:48:53 AM
I was checking other sources and found an interesting bit in coindesk,see: https://www.coindesk.com/business/2023/11/10/poloniex-hot-wallets-hacked-65m-seemingly-stolen-on-chain-data/

So apparently, hackers bought $20M worth of TRX which bumped the price. But if it's for pump and dump scheme, why TRX of all altcoins? shouldn't there be easier coins?

However in another source, hackers appeared to have sent away $2.5 million lol

In one instance, however, the hacker appears to have fat-fingered at least one transaction, sending $2.5 million in stolen Golem tokens (GLM) to the token contract rather than the secondary addresses in their control. It will be impossible for them to recover this sum.

I'm not sure if we're being played or they're just dum dums.

We can be quite certain that in much of these hacks, we are being tricked by the development teams, the government and the hustlers of the cryptospace. It is very much similar with these declared DeFi hacks. They were only the development teams that wanted to steal the treasury hehehe.

On Justin Sun, it would not be very shocking if he wanted the whole cryptospace to dump while TRX pumps heeehehehe.

Also, this Poloniex hack might be blamed on the Lazarus group again hehe. How do we know that the Lazarus group is from North Korea? Do they have internet in North Korea?
916  Bitcoin / Legal / Re: The SEC Struggles to Recruit Crypto Experts, Report Says on: November 12, 2023, 04:50:18 AM
Karma is a bitch.  Cheesy

SEC is the reason for many FUD on crypto which every crypto holders is affected. I doubt that someone in crypto industry will help this department that main goal is to suppress anonymity of crypto.

They should just invest on training someone to become crypto expert rather than hire from crypto community that despise them badly.

This is not karma. There is a requirement that before they can be hired, they should dump all of their cryptocoins and tokens. Why would anyone who has invested in the cryptospace do this? It would be something similar as becoming a traitor to the community hehehe. Also, it might be earning lesser than holding the right coins.
917  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: November 11, 2023, 06:18:52 AM
@everyone. How are the injuries on the Broncos' secondary? I think if they are 100%, Russell Wilson and the Broncos might win +7 against the spread vs. Josh Allen and the Bills. Josh Allen is also not anymore the yearly MVP candidate that we have witnessed for the last 2 seasons, I reckon.

@ChiBitCTy. Where is Justin Fields?

In any case, in the beginning I thought I would win. In the present, I know I will lose again on this week.
918  Economy / Gambling discussion / Re: 🥊 The UFC Info and Prediction Thread on: November 11, 2023, 05:32:11 AM
@YuginKadoya. You might have forgotten the sexy fighting kitten Mackenzie Dern hehehe. @pawel7777 might scold me again to rethink my life. This is her on the beach hehehehee.



However, I speculate that her enemy Jessica Andrade might be very underestimated by the oddmakers for this fight. She is given 2.70 odds of winning which is very headshaking, I reckon.

Also, there is a conspiracy theory that Jiri's shoulder injury and surgery is fake news. Where are the scars?

919  Economy / Service Discussion / Re: Is Tornado cash still up and usable? on: November 11, 2023, 03:31:10 AM
@Bitcoin_Arena. The government cannot takedown a much needed platform where anonymity is also very much needed by many cryptocoin users. Tornado Cash will change and take different forms appearances, however, the community of liquidity providers who want to earn from fees will always be there. If there is profit, there will be always people who will take the risk. The government should become aware that they cannot stop this anymore hehehe.

I am quite sure there will be certain people who will be annoyed by this on this forum.
920  Bitcoin / Legal / Re: More Regulation Incoming! on: November 11, 2023, 02:28:23 AM
@zasad. However, the importance of this news is that there are also politicians who are not against bitcoin and who are not against the people's right to self custody and also not against creating transactions in the cryptospace without a middleman. We should begin taking these politicians more serious, I reckon.
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