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441  Bitcoin / Bitcoin Discussion / Re: Another attempt at Bitcoin ETF..You knew it was coming once BTC raised above ATH on: January 04, 2024, 11:56:10 PM


That is the one I was referring too @rohang

You might also remember him as the one with the now famous line from a tweet awhile ago too:
https://www.reddit.com/r/Bitcoin/comments/60xi1i/jihan_wu_cofounder_of_bitmain_studied_economics
the tweet had since been deleted from which it was posted in 2017
https://twitter.com/jihanwu/status/731902686379933697
442  Bitcoin / Bitcoin Discussion / Re: Coinbase on the defensive about these bitcoin ordinal centralized meme coins on: January 04, 2024, 11:50:37 PM
@Reid
Not all projects are just rugpulls like these ones which are obvious to the well informed.
Coinbase is looking to list some which are doing well and have been around for several years now. The ones I have been watching are on the very network which I had mentioned earlier last month. And announced today they will be making a listing of them in the future.
This most certainly will increase the popularity of those projects and the pump in price will also follow.
443  Economy / Gambling discussion / Re: Sportsbet.io Betting discussion thread rev on: January 04, 2024, 11:43:59 PM
^^
It is really cool they have ZED racing included for us to bet on this new virtual sport so those not use to betting on this get to dip their toes a bit.
Heard of these around the same time the craze took on with Axie Infinity did and look how those did.
There were individuals who made enough to purchase houses in some countries.
444  Bitcoin / Bitcoin Discussion / Re: Another attempt at Bitcoin ETF..You knew it was coming once BTC raised above ATH on: January 04, 2024, 02:38:22 PM
A statement from one of the founders of Matrixport who happened to be a well known person in bitcoin @JihanWu:
"Matrixport's analysts operate independently, expressing their opinions without any influence or interference from management. They are employed for their superior analytical skills compared to mine and other management team. I have only briefly glanced at the title of the report, as have many of you.

Markus, a talented analyst, authored "Crypto Titans" last year, detailing the price history of cryptocurrencies. His book vividly recounts events, sometimes more clearly than my own memories, even in instances where I incurred financial losses.

At the outset of 2023, Matrixport was among the few who accurately predicted Bitcoin's low point and maintained an extremely bullish stance.

As intended, this recent report was prepared for Matrixport's clients. However, its wide spread by the media was not planned by Matrixport and is beyond our control.

As far as I know, Matrixport has been consistently advising our clients to be mindful of risks and leverage, especially given the market's volatility spurred by expectations surrounding Exchange-Traded Funds (ETFs). This volatility is evident in the perpetual market's high funding fees and the recent decline in crypto-related stocks in the stock market over the past two trading days before today.

Looking at Bitcoin's history and its future prospects, the current volatility and the potential approval uncertainty of a Bitcoin ETF in January 2024 are ultimately of no importance. In the long term, Bitcoin will always prevail. In my opinion, the approval of a Spot ETF by SEC, which will attract fresh investment into Bitcoin, is inevitable. Bitcoin is poised to solidify its position as a store of value and a risk-hedging asset akin to be better than gold."
source: https://twitter.com/JihanWu/status/1742577001633026365

For those who don't know who this person is. He is the one with Roger Ver condoned Bitcoin SV & Bitcoin Cash:
https://www.financemagnates.com/cryptocurrency/news/whale-attack-jihan-wu-of-bitmain-may-unload-his-satoshi-vision-coins

So all in all, this speculation on not having a spot ETF approval in the month of January was just that, speculation without having their analysts doing any fact checking on the situation causing the red on the bitcoin markets when the news was released earlier yesterday.
445  Economy / Gambling discussion / Re: Sportsbet.io Betting discussion thread rev on: January 03, 2024, 11:59:46 PM
Took a look after had a balance to test out the Zed horse racing betting icon today.
Here are some screenshots of what it should display for those who are wanting to know what it is all about:
446  Bitcoin / Bitcoin Discussion / Re: Another attempt at Bitcoin ETF..You knew it was coming once BTC raised above ATH on: January 03, 2024, 11:51:57 PM
Today there was a rather big drop in the bitcoin price in a short amount of time before most of the Western world had to chance to see it happen on the markets.
The cause: Matrixport calling out a rejection by the SEC

Here is the article all the crypto influencers went by when announcing the news on their podcasts:
https://www.theblock.co/post/270125/sec-will-reject-all-bitcoin-spot-etfs-in-january-says-matrixport-analyst

More of an explanation of what actually happened within the SEC and the meetings they had with some of the companies wanting their spot ETF approvals completed:

https://www.coindesk.com/policy/2024/01/03/bitcoin-spot-etf-proposals-to-be-rejected-by-sec-matrixport/
447  Economy / Gambling discussion / Re: NFL Sportsbet.io discussion & predications thread rev on: January 03, 2024, 11:19:57 PM
A shame of all the injuries amassing for the remaining teams trying to make it into the playoff picture such as the Vikings. They are having a quarterback situation and been looking around for one as Cousins is still hurt and probably has reached that age of retirement in the offseason.

The next set of games are on Saturday between those Ravens and the Steelers along with the Texans and the Colts.
For the Houston Texans they were fortunate to have their star rookie quarterback C.J Stroud back in the lineup who destroyed the Tennessee Titans last Sunday on his return.
https://www.houstontexans.com/news/the-dude-is-unbelievable-c-j-stroud-returns-guides-texans-to-blowout-win

Closer the matches are I will be going with a Baltimore and Houston win this first weekend of the year.
448  Bitcoin / Bitcoin Discussion / Re: Elon musk is for crypto or just for attention to boost Tesla, SpaceX? on: January 03, 2024, 11:08:36 PM
^^
Musk has been for many years and the crypto-related community atleast on his X platform had been reminded with the recent starlink launch for mobile phone service:
https://u.today/elon-musk-excites-crypto-army-with-starlinks-new-product

This keeps the names of some of these cryptocurrency projects in the atmosphere and the same breath for Elon.
449  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 03, 2024, 01:07:12 PM
Someone took a dump?
I was hoping to find the reason here Smiley
This!


I'm blaming this on Jim Kramer
Blame the Mad Money guy for trying to FUD the corn to Wall Street!

https://twitter.com/scottmelker/status/1742531052554391989

What did Cramer say?
Look above my friend. Cheesy
Shows the video from yesterday. And everybody knows of the Inverse Kramer at this point of crypto.
450  Economy / Gambling discussion / Re: Tennis League All Thread on: January 03, 2024, 11:18:06 AM
Are you guys watching Nadal vs Thiem right now? The match was quite interesting and both were still solid without anyone having their game broken, I think this first set will be decided by a tiebreak. This is a match that is quite eagerly awaited by tennis fans and Nadal looks very ready for this tournament, he played doubles too but lost in the first round.

And Novak Djokovic, who played in the United Cup, reportedly suffered a wrist injury during training but it has not been confirmed and he managed to beat Jiri Lehecka to make Serbia 1-1 and managed to win through mixed doubles where he did not play and was replaced by young Serbian player Hamad Medjedovic.
That was a fairly strong performance from Nadal particularly in the second set to win that 1-6.
The commentators were in awe of his performance and fitness after being out for so long.



Yea I heard about Djokovic injuring his wrist and then pulling out of the mixed doubles. I wonder
how serious that is going to be. It might be very minor but here we were before Christmas talking
about hoe resilient Novak is.
Djokovic just played and lost to De Minaur so this injury has affected his game as the match was done in straight sets 6-4 for both.

Not sure why he didn't just pull out of playing in this United Cup and not get ready with recovering from this injury for the Australian Open which starts on the 14th of the month (13th for Australia).
That tournament should be more important to him in the long run and surely would benefit more with a good performance from this first major of the year.
451  Economy / Gambling discussion / Re: NFL Sportsbet.io discussion & predications thread rev on: January 02, 2024, 11:59:23 PM
Ravens owned the game from the very start as the Fins didn't have any answer for them and just kept getting their key players injured including Tua by the end of it. Looked like he had a problem with his shoulder.

Alot of players are getting injured as I watched a bit of the 49er's match and McCaffrey had in issue with his calf at the end of one play.
Hopefully he got that touchdown for that betslip morv before he was sidelined.
452  Economy / Gambling discussion / Re: Sportsbet.io Betting discussion thread rev on: January 02, 2024, 11:55:24 PM
Another disappointing 0-0 match which was absolutely boring to watch but there was not anything else unless watching AC Milan in the coppa italia or la liga, which didn't interest me in the slightest to watch.
So very sorry to see that bet of yours @ralle14 not even advice with a goal less game.

Yes @arallmuus I noticed that new icon appear the other day called Zed Run but only hovered over it to see what it was. It had to do with horse racing but didn't know it involved with blockchain betting technology.
Very interesting and will give it a try the next time I do a deposit so to place a wager.

Thanks for the research on exactly what it was!
453  Bitcoin / Bitcoin Discussion / Re: Elon musk is for crypto or just for attention to boost Tesla, SpaceX? on: January 02, 2024, 11:41:52 PM
If Elon were to introduce a payment structure on twitter/X then it more than likely would be a coin he believes would be more marketable to the users on those platforms.
Here is a short video of when he says he does own bitcoin but also dogecoin and ethereum.

https://www.youtube.com/shorts/39BNzMdWOpQ
454  Economy / Gambling discussion / Re: Sportsbet.io Betting discussion thread rev on: January 02, 2024, 12:27:23 PM
@ralle14
Congratulations on your win and it is a good one for the start of a New Year for your sportsbetting record! Grin

Liverpool had no problems dispensing Newcastle ending in a 4-2 victory.
I was going for a draw but the Reds were just too good and showed why they are now solely atop of the EPL table.

@slaman29
Yes you got to keep your eyes wide open so not to miss these promotions.
Or just turn on email notifications so you get a message once they are available and not have any those sent from SB straight to the spam folder always helps. Wink

Today we have Brighton Hove Albion going against West Ham United in the EPL.

Here are the markets:
https://sportsbet.io/sports/event/soccer/england/premier-league/west-ham-united-v-brighton-hove-albion-6586f2397c9c2400013b2e28

I favor Brighton to win this match even though the Hammers are at home and the favorites according to the bookies but only slightly.
455  Bitcoin / Bitcoin Discussion / Re: Coinbase on the defensive about these bitcoin ordinal centralized meme coins on: January 02, 2024, 12:06:11 PM
@rdbase About the network congestion and high transaction fees. It actually divided Bitcoin supporters because there are still investors who would like to keep Bitcoin blockchain clean and I am actually one who supports that idea.
It sucks when you are a Bitcoin user, what more without those merchandise are being transacted with the use of Bitcoin? How about El Salvador? It will be difficult to say Bitcoin is really a currency if these things are happening. It will be kept as an asset like gold which I don't think is a good thing.

About those fees, here is the recent experiment of the article I bumped into and they are also blaming it to the ordinals which I believe is a fact.
https://decrypt.co/210168/bitcoin-fees-continue-to-surge-thanks-to-ordinal-mania
Quote
Case in point: Decrypt tried to make a transaction using a mobile wallet, but the fee would’ve been 42% of the amount of BTC selected to send.

Quote
Bitinfocharts data shows that it today costs on average $37.58 to make a transaction. The last time it was that high was back in April 2021. Fees have been exploding since May this year ever since interest in Ordinals took off. At one point they reached $31.14 per transaction.

It's too high and it's an eyesore to see this kind of expensive fees.
Believe it or not those investors aren't who you would think they are.
In China there are conferences trying to onboard grandmas into this hype of ordinals.
When I first heard about it right before Chirstmas I thought it was a complete and utter joke.
But then these images surfaced showing another thing from those BONK tokens called WHEE:


https://twitter.com/markjeffrey/status/1736671688455254113

You can imagine how much money these elderly have from life savings and those individuals who promise them the world with these how to get rich fast schemes are just wolves in doge's clothing Cheesy

https://twitter.com/MacnBTC/status/1734963829992288664
456  Economy / Gambling discussion / Re: Sportsbet.io Betting discussion thread rev on: January 01, 2024, 02:43:24 AM
For New Years day we have Liverpool vs Newcastle United which by looking at the markets the home team seem to be heavily favored and will keep them leaders well ahead of everyone else on top of the table.

Here are those markets on Sportsbet.io Premier League for this really good matchup to watch during the first day of the year:

https://sportsbet.io/sports/event/soccer/england/premier-league/liverpool-fc-v-newcastle-united-6586f0777c9c240001612990
457  Economy / Gambling discussion / Re: 2023 NBA Season on: December 31, 2023, 12:23:42 PM
Finally! Pistons got the win after the worst losing streak in history and Raptors is the victim. Smiley
I had Cunningham 28+ points bet but Markkanen blew my parlay. He shot 0/7 behind the 3-pt line and could score only 12. Whatever, Pistons won tonight and that's the only important news.
LOL hate to be a Pistons fan this year. Unreal losing streak they are on and it's not like the team is terrible. Pistons actually led at the end of every quarter, maybe this game is a momentum builder for them.
The fans right before the game were chanting "Sell the team! Sell the team!" because they hadn't won since October 28th when they had a 2-1 record.
A big black eye for Toronto Raptors to be that team now!
But atleast they saved Monty Williams the Detroit Piston head coach's sanity. Must feel like a huge weight lifted off his back I would imagine.
Due to the fact it had been 63 days since their last win is unheard of in the NBA as it is a new record for consecutive losses in a single season.
A record no team wants to be synonymous for.
458  Economy / Gambling discussion / Re: Sportsbet.io Betting discussion thread rev on: December 31, 2023, 11:48:14 AM
Manchester United were the ones struggling to score against Nottingham Forest and only did so late second half closing in on the 78th minute by Marcus Rashford.
So your bet landed @ralle14 as I had over 3.5 goals in a disappointing Red Devils loss.

For today we have Tottenham Hot Spurs and Arsenal to close off our 2023 as the final fixtures of the year:

https://sportsbet.io/sports/soccer/england/premier-league/matches

Have both teams as favorites to get it done and hopefully neither of them disappoint.
Go you gunners and Up the Arsenal!
459  Bitcoin / Bitcoin Discussion / Re: Another attempt at Bitcoin ETF..You knew it was coming once BTC raised above ATH on: December 31, 2023, 11:25:46 AM
So the gates have been closed for the first wave to get in having the deadline pass December 29th.
Now the waiting game begins as many are anticipating an approval in the first few days of the new year starting January 4th.
So can we see bitcoin's price rise to new heights since it's all time high of $69,700~ or if it is not approved in the first week of 2024, see it take a massive drop to $32,000 as many are predicting?
460  Economy / Gambling discussion / Re: NFL Sportsbet.io discussion & predications thread rev on: December 31, 2023, 11:14:46 AM
Dallas is in poor form and hopefully the Lions can capitalize on this and come away with a win being 11-4 so far on the season.
Their recent losses came from road matches, so we'll see if that carries on for today's match.

Even though I would like to root for the Lions to win over the Cowboys, I can't go against the team with the perfect home record. I'm only betting on the Cowboys to win and cover the first-half handicap, as they're one of the teams that tend to score a few TDs or more before halftime.



Edit: Cowboys held in the first half to cash my bet and during that last-minute play from the Lions.  Cheesy
That first half bet did cash for you when I tuned in Cowboys were leading 7-3. Then cameback to catch the final few minutes to see the Lions only a point behind. So it was close match even for as you said a Dallas team who were perfect at home. All those chances for the Detroit to win it with a 2-pt convert because of those penalties against Dallas at the final play of the game.

If we have games like this one for the final day of the year, then we are all in-store for some eventful matches.

Here are the markets for all the NFL games today on this New Years eve:
https://sportsbet.io/sports/american-football/matches/today

All 14 games on tap so to make for some exciting football!
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