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961  Alternate cryptocurrencies / Altcoin Discussion / Re: Buy ETH as much as you can.... on: June 16, 2023, 09:04:02 PM
Some experts believe that the price of Ethereum will be around $50,000. But this does not mean that you should form your entire portfolio of cryptocurrencies only on Ethereum. With such a commission, I don’t think ETH has very good prospects.


In the next bull run? I think that is too high for a prediction, but in the long term, yeah, I would agree that it is possible to see that price range, similar to bitcoin's prediction that it can reach at least $100k (and the target in the next bull run).

Of course, diversify is the key here, what I mean is that it's not just crypto that should be in your portfolio. You should have at least stocks and other commodities to boot. So just in case, you have a lot of assets that you can play around and make profits in the future.

But for ETH, since it is second to BTC, it is one of the best cryptos, no doubt about that. It's leadership are very active and they have a face value founder in Vitalik.
962  Economy / Speculation / Re: SEC Lawsuit Against Binance Is Likely To Hit Bitcoin Price on: June 16, 2023, 04:07:20 PM
I guess that's why people are saying that we are in the bear market, so technically the price can drop anytime and with that negative news around its sure a formula for a disaster. Nevertheless, even if we are in the $25k'ish, it is still well above the last lowest low or bottom price from last year. So it might not be a good sign that we are down, but we could say that the price is still at our support level.

Of course, we should be patience, although the halving is less than a year a from and we might think that it is still very long, time fly so fast, we are now in the middle of the year and in the next 6 months, we might not felt it but we will be in December and then at the start of the new year. So we just need to be ready if the price drops and then continue to accumulate.

The SEC has hit the price of bitcoin and has had a negative impact on the market, but I hope that slowly this problem will go away when everyone realizes that bitcoin has nothing to do with the SEC. Basically the SEC only attacks Binance and a few other centralized platforms, so we have to be pretty good at anticipating and having the right mindset about bitcoin.

The price of bitcoin will soon recover in both the short and long term, so patience and good management of emotions will definitely help a lot. Don't panic with the response of traders in the market even if they sell without much consideration, so hold on and expect returns worth it with all the risks so far.

It will definitely go away, we have seen like Mt. Gox and then all the hacks that had happen, China banning mining, pandemic and wars and yet bitcoin is still standing has remain very strong. So this is just another test for us, maybe not as worst as the FTX and Terra Luna last year, but still there is an impact in the market as the price drop to $25k.

Most likely the recovery will be long term, that's where we are looking at it right now. Again, this is just a test and it's really difficult, nevertheless there is a light at the end of the tunnel so to speak. Give at least 6 months short term, and then wait for the halving next year, long term.
963  Economy / Gambling discussion / Re: NBA 2020-2021 betting on: June 16, 2023, 03:39:16 PM

And so with that, with this new era of basketball for big, it's very different and Jokic is the embodiment of this era. With Dirk he can shoot outside but doesn't have the passing ability of the European players right now in the NBA.

We may indeed see more European players in the future, as Jokic has caught the attention of scouts. His passion for the sport is evident, as he gives his all to win games without demanding much in return. If Jokic were a one-man show relying solely on his skills, I doubt they would stand a chance against the Heat in the NBA Finals. However, his improved ability to pass the ball makes his team incredibly dangerous.

We've seen a lot of European players in the NBA already, but there are just a few exceptions like Jokic or Doncic, or even Giannis (although his style is very different), and prior to that Dirk Nowizki, who also has one of the deadliest shooting form that we have seen from Europeans.

Therefore, despite the team's poor shooting from the three-point range according to statistics in the Finals, they still deserve all the success they have achieved.

Yes, but this opponent shot worst than them in 4 out of 5 games. Only in game 2 if I'm not mistaken that the Heat shot better. But after that, they rely on their outside shooting more but they are not hitting their shots.
964  Economy / Gambling discussion / Re: 2023 NBA Season on: June 16, 2023, 02:48:00 PM
The Sacramento Kings have started trade negotiations with the Washington Wizards for Bradley Beal.
The Sacramento Kings had an unexpected performance this year.
It will be good for them to strengthen their team with Bradley Beal.

It's going to be very difficult for the Kings though, I mean they have a good and solid team this season and almost upset the Warriors in their playoff series. And who's on the trading block with? Fox? I doubt that the Wizards will just get a 2-3 B-players for the King in exchange of Beal. Maybe the sticking point might be their future draft, but we will see.

There's a lot names in the trading block or might request a trade at the start of the season. And again, this will make the team very competitive. For Lebron James, I'm not seeing him leaving the Lakers tough.

I mean the Wizards really should have blown everything up a long time ago, being a perennial edge of the playoffs team is the worst thing that can happen, that's the NBA no-man's land. They dumped Wall, now get rid of Beal for picks and some talent and start over. The Beal/Porzingis/Kuzma outfit ain't taking them nowhere. They could probably dump Kuzma on some contender for a couple picks and filler.

Perhaps they thought that they will have a good chemistry once Bradley Beal is back in the line up, with their new acquisition in Kyle Kuzma and Porzingis. But it didn't click or maybe the combination is not right, or perhaps they wanted to have a big change in the team that's why they are willing to let go of Beal and I think the feeling is mutual as well.

It's just where will be Beal's destination or what team are willing to trade their superstar as well to get him. Teams are now making a lot of movements behind and maybe hear some right after the start of the new season.
965  Economy / Gambling discussion / Re: [Boxing] Nonito Donaire vs Alejandro Santiago for WBC bantamweight title on: June 16, 2023, 02:33:49 PM
We all know that he is not getting any younger, so training hard and timing should be just perfect for him before the fight.

I doubt a hard training will take place. More probably, he just needs to maintain his good shape and try to achieve the very best condition he can get until the weigh-in. Hard training isn't a good way to condition Donaire at this point. He will surely be doing his usual routine operation of training every single day.

His experience will tell him what's the best strategy to execute in the fight. He's done with the hard training and no need to undergo that.

Not saying Nonito should just relax. I'm saying what should be effective way is, proper mind conditioning while doing light workouts e.g daily jog etc.

That's their basic job – to stay in condition so they can fight at 100% during the fight night. Donaire is not new to the world of boxing; he has already won multiple championships, so we can expect that he will not get careless with his conditioning. Additionally, we can consider his age as a factor. Hard training may not be advisable for someone his age, but what's important is that he trains the right way, so he can execute the game plan effectively during the fight.

The good thing for Donaire is he is always on the gym literally. Right now he is in Cebu, training at the Omega Gym where Johnriel Casimero also trained. Don't know when they will depart for the states but i think they will do much of his training here as one way also of promoting the Omega Stable and the couple (Nonito and Rachel) also train the boxers here so they might have an agreement with the owner to manage or maybe bring these boxers abroad if they have potentials to be a world champion someday.

Just a little trivia guys hehe, the owner of the Omega gym is also the owner of the Omega pain killer if you are familiar with that one lol.

Thanks for the update, I thought that Donaire is already in the States preparing for this fight on July 15. So he might have been staying this long in the Philippines to train and I think this might be the first time that he will have his full training in his native country?

Probably that is one reason why Donaire is still or can still fight at this age. Because he knows how to take care of his body and as you have said, he has that mentality to go to the gym and train even if he don't have a fight, just to keep himself fit and ready and of course, always be sharp and perfected his craft and tools.
966  Economy / Gambling discussion / Re: 2023 NBA Season on: June 15, 2023, 09:51:12 PM
The Sacramento Kings have started trade negotiations with the Washington Wizards for Bradley Beal.
The Sacramento Kings had an unexpected performance this year.
It will be good for them to strengthen their team with Bradley Beal.

It's going to be very difficult for the Kings though, I mean they have a good and solid team this season and almost upset the Warriors in their playoff series. And who's on the trading block with? Fox? I doubt that the Wizards will just get a 2-3 B-players for the King in exchange of Beal. Maybe the sticking point might be their future draft, but we will see.

There's a lot names in the trading block or might request a trade at the start of the season. And again, this will make the team very competitive. For Lebron James, I'm not seeing him leaving the Lakers tough.
967  Economy / Gambling discussion / Re: Boxing Speculation, Odds and Predictions on: June 15, 2023, 09:39:00 PM
Not the kind of Teo that we use to see, he was having fun. Is Taylor just too slow or Teo had really improved well?  Either way, its very stunning and boxing fans could by now will see Teo not just a kid who had some luck over Loma. Still Taylor fans couldn't believe it. It could just be because Taylor was too flushed to to get the weight at 140.

If Teo was much faster and relied to volume while Taylor seem to have gassed out, he could have KO Taylor to be more impressive.

I think that Taylor is not comfortable facing Lopez.  We can see how awkward he moves during the fight.  Aside from that, it looks like Taylor slows down compared to his previous fight.  He is just too slow to react and adjust.  I think Lopez had studied Taylor very well making Taylor looks like a sitting duck since Lopez know how Taylor will move and Lopez is able to stop Taylor of his body shots and hooks.

Both fighters are surely studying how their opponents move, but it's evident that Lopez was the better fighter in that match, deserving credit for the big win. Just imagine, the challenger won the fight via unanimous decision, indicating his dominant performance over the champion. It is often difficult to achieve such clear victories in fights that end with the judges' decisions.

For us though, it's seems to be a very dominating fight for Lopez. But if you look at the judges, they try to screw them up as 2 judges saw it a very close fight. Just imagine if Taylor rally and score the last 2 rounds, it might be even tie score for them and we might not hear Lopez winning.

So that will be controversial though, the good thing is that Lopez won. But still a lot of questions in the judges scoring here. As for studying their opponents, I've read that this is the first time that Lopez really watch video tapes of his opponents as preparation and it surely paid dividends for him.
968  Economy / Speculation / Re: Crypto experienced bloodshed on: June 14, 2023, 08:59:26 PM
It did not expect that if the market red was long enough, since last March, the hope to continue to rise because it will soon be Halving which will usually make a significant increase in prices, but we must be optimistic that the market will soon rise again and this bad trend will soon end.

No, since the start of the year, January, we are enjoying a huge bullish ran, that month alone we have a huge uptick of 40%. February as well was a good month to us. It's just this June, everything started to look negative.

Events like the problem with major exchanges like Binance and Coinbase can certainly impact market sentiment and investor confidence. But this is also an opportunity for us because these can drive the price of bitcoin lower so that we can buy it at a better price than before. It is also a good time to buy some altcoins when the market is not doing really well. Overall, I don't think the bitcoin price will be affected too much, so make good use of it when the market is FUD.

We might thought that the SEC is going after exchanges, but the timing of their attack. And when bitcoin price is slowing down from the month of May to June, suddenly we've seen this news causing the market to have a flash crash. Now, it seems that there are huge selling again, bitcoin trying to claim our support levels of $25k and so it doesn't look good at the mid-week. Not sure what causing this decline, it might be that there could be another negative news around that dampen investors confidence in bitcoin again.
969  Economy / Gambling discussion / Re: Terrence Crawford vs Errol Spence - June 17 on: June 14, 2023, 08:41:49 PM
Best fighters in the world and probably for the glory and pound for pound number 1.

The winner of this fight has a strong chance of claiming the number one pound-for-pound ranking.

According to the current rankings on https://www.ringtv.com/ratings/, Spence is ranked at number 4, while Crawford is at number 3. Therefore, I speculate that the winner of this fight may potentially be listed as the number one pound-for-pound fighter. However, I am not familiar with the exact criteria used to determine the number one ranking.

Might be, but it's too subjective though, I mean Inoue will be fighting on the same week and if he delivers a good fight and another knockout reel, then I doubt that either Spence or Crawford can overtake him in the number 1 spot.

Just watch the snippet of the press conference, I like the attitude of both boxers, they are really looking forward to this fight and no trash talking initially as they really work hard for this fight to be made. And I like what Crawford says regarding as why it took so long for this find to materialized, for him it doesn't matter, what's important is that they were able to settle everything. They even admit that they talk alot in Facetime, hence the respect between the two.
970  Economy / Gambling discussion / Re: [Boxing] Stephen Fulton vs. Naoya Inoue | WBC & WBO 122 lbs bout | July 25 on: June 14, 2023, 12:31:09 PM
The thing with Casimero is not he is not backing down to any challenge. Although right now he seems to be on the way to maybe a crack on a belt in any organization at the super bantamweight, any of those current champions right now. But we love to see him and Inoue getting into the ring, at least for the belt so that we can see how good Inoue is.
He doesn't know how to back down but all he needs is an opportunity to fight for the championship. However, since boxing is a business, it won't be easy for him to achieve that. Inoue is focused on winning the championship in this fight, so it might be tough for Casimero. Inoue may not agree to arrange a fight with him, especially if the rumors are true that he is avoiding Casimero, who has the potential to jeopardize his career.

Of course, Casimero is not backing down to a title fight since it is everybody's dream to become world champions (except maybe for Tank Davis and Ryan Garcia Cheesy). Although I doubt Casimero is not backing down from a challenge that would be too risky, especially from someone below his ranking. I saw a post last week about a contender challenging him and it seems ignored.

Anyways, I would love to see Casimero get his 4th division title. Imagine if Casimero will be the one facing Inoue for the undisputed belts next year? Inoue is favored to win over Fulton and Tapales is in waiting mode after getting the approval to face the winner for the undisputed belts. Inoue's footwork and hand speed will be too quick and fast but maybe a single power shot from Casimero will change the fight.

Yeah, although Inoue has good hand speed and power, but we can't discount the fact that Casimero too has power in his punch. And it's deceiving, when he fought Tete we thought that there is no power when it hit Tete, but the legs of Tete is gone and we didn't see how fast it is. We just have to look at the replay and how that left hook touch Tete at the corner of his temple and that's it.

So still a very good fight for Inoue at super bantamweight and hopefully we can see this fight happening next year at least. And it might be good if Casimero will be the challenger, so that he will be extra motivated to pull an upset win.
971  Economy / Gambling discussion / Re: 2023 NBA Season on: June 14, 2023, 11:45:00 AM

The Nuggets will likely be the favorite to win the championship next season, but I believe other teams will also improve due to the upcoming trades. You know what I'm saying. At least the new season will be more competitive since the team that won the championship this year is not a super team, unlike in the past when the Warriors and the Cavaliers won their respective championships.

If the Nuggets can really do that then there will be no doubt that this era is for them and since they are impossible to beat when they're all healthy, the other teams will surely have some major adjust about their rosters, especially the way their play in order to have high chance to beat Nuggets if ever they will gonna play in the NBA playoffs or in the finals because that's when they are deadly both in their offense and defense. Since we will see some new rookies next season, I think for the Nuggets to stay at the top will be one of their hardest challenges next season.

Most likely they will be the favorite, just like other defending champions. And as long as they are healthy in the beginning of the season and keeping with what they do this year like getting into the top 1 spot in the West, maybe they can duplicate their win and then we talk about dynasty.

But it's going to be very tough to win back to back in NBA right now. The team are almost balance and they always try to improved their lineup and getting good players are role and bench players too to complete their roster.
972  Bitcoin / Bitcoin Discussion / Re: Would Bitcoin Be Badly Hurt if Binance Goes Down? on: June 14, 2023, 01:07:32 AM
I really am no fan of Binance because I found their KYC annoying. What is not in doubt is that CZ is supposedly one of the most credible faces of crypto. How much harm do you think a Binance implosion would cause Bitcoin? Is the US a big threat to the coin market?

Isn't it the harm has been done already? prices are already stagnant with the news that SEC filed a case against Binance and we have been trading in this sideways pattern, $25k-$26k.

In case of Binance though exiting US, then maybe it will still have a impact, but I doubt that it will be huge. Maybe just a a few thousands of dollars. But then we've seen that bitcoin is so resilient with this kind of attacks and negative news that I don't see us recovering at the end of the year.

It's not that Binance will have a similar Mt. Gox effect, that time only Mt. Gox is the exchange, unlike today wherein we have a lot of options to choose.
973  Economy / Gambling discussion / Re: Boxing: Josh Taylor vs Teofimo Lopez on: June 12, 2023, 02:33:25 AM
It looks like Teofimo Lopez step up his performance whenever he meet great boxer.  The way I see the fight, Lopez is so focused and be able to outwit and out tempo Taylor.  And Taylor just had a very bad performance and not utilizing his height and reach advantage. We all seen it that Teofimo Lopez is way smaller than Josh Taylor.  Taylor failed to establish his job that should had helped him to keep Lopez @ bay.

This is also what I noticed about Teo Lopez, he rises up on occasion whenever he is on a big stage just like last night. I thought that if Teo showed up last night and his performance would be just like that when he fought Martin, that could have been an easy fight for Taylor but Lopez was amazing on his counter punching which he was not known for, I mean he is a knockout artist and an aggressive fighter on the get-go but nevertheless, it was a good game plan by Team Lopez but I think his hold of these belts will be short-live.

Yes, I guess he really need to practice and overcome that mentality though, maybe it did good to him tonight, but what if he was upset in his last fight? then there wil be no chance for him to win this WBO belt?

Or maybe it was in the training as well, he has been is some personal issues in his fight against Taylor, divorced to be exact. But he overcome it and then beat Taylor and never allow Josh to make a comeback. I think in the power department, eventhough we can say that Lopez is the smaller guy here, but he has pop in his punch and hurt Taylor several times.
974  Economy / Gambling discussion / Re: Boxing Speculation, Odds and Predictions on: June 12, 2023, 01:41:08 AM
Teofimo Lopez Defeated Josh Taylor

I was really shocked Teofimo Lopez has proven that his speed is really something for Josh Taylor to be afraid of, and not just his speed but his fighting IQ aswell, well I was really wrong, but can we surely know what will be the results when the 2 boxer clash, but surely I think Teofimo Lopez is now ready for a much higher ranking in this division, his fight IQ and speed have already improve so yeah even though I was wrong that Josh Taylor could have a slight chance, it was really a dominating fight for Teofimo Lopez,

I watched their fight and indeed Teofimo Lopez won by unanimous points over Josh Taylor.
I also saw that his punching speed and fighting IQ were very good, even Josh Taylor seemed very overwhelmed by Teofimo Lopez's punches.
But after all Teofimo Lopez is a very good boxer and now he has the title of WBO Junior Welterweight World Champion.
It is possible that Teofimo Lopez will soon be able to get a higher rank in this division.

He has proven to us that he is truly a champion. His loss to Kambosos was probably because he was already struggling to maintain the required weight. Now, he is in a division where he feels very confident, as evidenced by this significant win. Although Josh Taylor also landed some good shots on Lopez, it was Lopez's speed and power that made the difference. Let's expect that he will continue to have big fights, and I'm sure he will once again be a tough challenger if he moves up in weight class.

Teofimo Lopez really performs well and the strategy implemented by his camp is really effective.  Beside Lopez is hungry for the belt after losing from Kambosos, so probably Teofimo Lopez really trained hard for this fight in order to snatch the title.

I am really surprised at how Teofimo Lopez performed in this fight.  I thought it will be the same as the performance when he fights Sandor Martin but to my surprise, he really keeps Taylor in check and unable to take advantage of his height and reach.

this is the reason why we can't be so assured with our bets as we don't know exactly what will happen inside the ring. taylor was the favourite on this match and look at the results. definitely, lopez prepared good for this fight and surprised a lot of boxing fans about his moves.
lopez will surely have a good purse share come his next fight. for me, he is still young and he still has a lot to offer in the boxing ring. no name yet for their next opponent but for sure it will be bigger name.

Definitely, in his next fight, it might be another good pay day for him as he is the champion and there are a lot of competitions in the 140 lbs division. It's open now, Josh Taylor is no longer the dominant champion so there could be another set of unifications fights again.

Plus we have heard that Haney might go up in weight at 140 lbs, so obviously this is going to be exciting as we all know that they are supposed to face at 135 lbs. But maybe in the future we will see them at different weight class but still the say, chasing and fighting for the belt. Both are villains though, so going to be fun to see the two trash talking, not just themselves by Lopez Sr and then Bill Haney.
975  Economy / Speculation / Re: BITCOIN BULL MAY BE IN TROUBLE on: June 11, 2023, 12:42:11 PM
May closed lower compared to April, of course this is an indication that the market has not recovered, when it was March and the price could skyrocket from $ 22k to more than $ 30k making us optimistic that the bull run will happen soon, unfortunately there is a decline and of course there are many reasons.

And if you look at it, there is one compelling reasons why the price in June has been hindered, it's because SEC decided to file a lawsuit against the top crypto exchanges which is Binance. Now the price goes down again to $25k and it really doesn't look good for the market.

Nevertheless, this is just a setback, just temporary for this year. Long term or at least in the next six months, I'm still seeing that the price might recovered for good, Might not be the bull run that we are expecting. But if we are going to compare it to the price that we have seen in the beginning of this year, then it's a significant jump.
976  Economy / Gambling discussion / Re: Can Casinos Include The Sport Spogomi In Their Platform on: June 11, 2023, 12:06:16 PM
I'm not against it, but if it is not that famous or well known to the gamblers, then I doubt that casino will simply include it. Maybe in the next couple of years, when the sports becomes a major one or at least it got the hype surrounding it, maybe some top tier platform are going to list this sport.

So short term, No, doubt that it will be included. Long term and again if it gain audience throughout the world, then there might be a chance for this sports. And to be honest, this is the first time that I have heard about it, so I might do some research later so thanks to the OP for bringing this up to the community.
977  Economy / Gambling discussion / Re: 2023 NBA Season on: June 11, 2023, 10:32:59 AM
I agree that it is not going to be a comeback, they tried their best but their best wasn't enough. Jokic is just way too good for this league and they are doing something that can't be matched. This was one of the reasons why I thought Doncic should have gone to Denver, yes they didn't had some high pick, they had 14th pick, but if they packaged it whatever they had at the time, maybe they could have gotten the pick, imagine a scenario where Doncic and Jokic plays together, that would be insane, their pick and roll would have been even better than Murray and Jokic.

In any case, right now Jokic is unstoppable and he is on the way to win the title, he deserved it and he should have been MVP again as well if you ask me but he doesn't look like the kind of guy who cares about it at all, so FMVP must feel better.

And I guess it's a blessing in disguise for Jokic losing the MVP to Joel Embiid this season. But what's important and what others players are also saying, that it's the championship that counts, not the individual award although it's good to have the trophy in your room. So I guess this will be the sweetest MVP that Jokic will get if ever they are going to win the next game at their homecourt and be the NBA champions. And if we will go back and see him reaching this heights, maybe we can say that it's just a matter of time and all the pieces working together. Him and then a healthy Jamay Murray and Porter Jr, and add Gordon who seems to evolved as he as obviously a high flyer and a dunker. But when we moves to the Nuggets team, his role has change.

Blessing in disguise to the fact that he inspired to perform more better than him. It also shows that Jokic deserve to get that trophy but guess this one happens. But still its fine since Jokic know is near to get his first ever Finals MVP and get his team their first ever championship ring. For sure this will be big for them since this is the first time happen to them. I bet this series will end up on game 5 since we can see that Miami cannot handle the Nuggets roster.

Or what if Jokic has the Jordan mentality? took it personal that's why he bring out the best in himself and now maybe showing those who didn't vote on him in getting the MVP. But as we all know, he was a clear winner for this year, so I guess he deserves it more for being the FMVP and his team bagging their 1st ever championship. So yes, you can call it blessing for him now.

Just one game more for the Nuggets, we also should give props to coach Malone, he is one of the most underrated coach. We took about coach Spo adjustment in how he bring the Heat to the finals. But Malone also did well in inspiring him team to perform every game, win or lose.
978  Economy / Gambling discussion / Re: Boxing: Josh Taylor vs Teofimo Lopez on: June 11, 2023, 10:01:42 AM
Despite all his personal problems, Teofimo managed to prevail in this fight. It was a very strong performance. I was disappointed in Taylor because it did not seem like he gave his best effort.

This was a great comeback for Teo after how bad he looked in his last fight. If he had lost many would question whether he should retire but now he has the possibility of massive paydays in his future.

For the record, Lopez has beaten two former undisputed and lineal champions and these are Lomachenko and Taylor, Lopez shows his true form it's the best Lopez I've seen after the Loma fight.

Now things are interesting now there are talks of a Ryan Garcia fight but the way Lopez boxes and if he could maintain this he will rule the light welterweight for many years

I don't think there should be a rematch but if there is a clause Taylor can activate that but it's not going to do him good, he needs two more fights the long layoff causes him this fight.

Very interesting version of Lopez that we have seen here, and it seems that he up his game whenever he will face a great champion, like Loma (although questionable that time because of Loma's shoulder), and Taylor tonight.

Taylor looks very amateurish in this fight though, it could be weight issues as there are members here who thought that he has problems with 140 lbs based on his last fight against Jack Catterall and for sure Jack might what to have a crack on Teo Lopez too in the future. 140 lbs seems to be huge with this big upset win by Teo and everyone will be jockeying for position to fight Lopez next.
979  Economy / Exchanges / Re: Binance US Halts USD Deposits issues a fiat withdrawal warning? SEC vs Exchanges on: June 11, 2023, 09:27:05 AM
I read somewhere yesterday that China is welcoming all crypto exchanges to its country for a peace operation, US don't know what they are throwing out of the window right now, crypto isn't the reason why the USD is losing face, they are trying to make it look like that, but I suspect that many US citizens are moving their money off bank accounts into crypto investment and the government doesn't like this.

It's better if Binance leave the US for good, but I think it was not easy for CZ to run the Binance US in the first place, and he believes that the US citizens are playing a major part in the adoption of crypto, that's why he didn't want the US out of the book, this is my own thoughts, nothing confidential.

Care to share the links though?

As far as I know they too have their crack down way back in 2018, that's why Binance has move out somewhere else. So I will take this with a pitch of salt though, I doubt that China will suddenly make a U-turn and welcome crypto exchanges, specially Chinese based like Binance.

In any case this is expected from SEC though, this might be a on-going battle for Binance and most likely they already have Plan B for this ready to execute just in case SEC attack them.
980  Economy / Gambling discussion / Re: How Confident Are You In The Reliability of the KYC system on: June 10, 2023, 12:44:37 PM
This is going to be a long debate though, it's casinos vs their customers, and I doubt that there will be a clear winner. As the OP said it could be one way for casinos to scam or somewhat not honor the agreement by not giving the winnings even if they have passed KYC already. And perhaps the customers is saying the truth and going to extra length to do video conference to proved that he is the one playing and that all of the documents is legit. But then again, online casino can say otherwise because their so called fraud department detected that something is not right. The only way to do this dispute is too really have a 3rd party to mediate between the two.
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