Bitcoin Forum
May 03, 2024, 09:11:12 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 [54] 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 ... 596 »
1061  Economy / Gambling discussion / Re: [Boxing] Inoue vs Tapales for Unified Super Bantamweight Title on: July 27, 2023, 05:40:09 AM
@Kelvinid. Those are very accurate odds after the performance we have witnessed from Inoue against Fulton, I reckon. I have become convinced on the Japanese fighter. Inoue is like the young Pacman but with more knockout power in his hands.
I agree, he might not reach 8 division title as Pacman, but the way he is destroying everything that in his path, it's like Pacman when he was in the beginning of his career specially at lower weights. And Inoue can make another history, for Japan and then having won the unified title in bantamweight and super bantamweight in the 4 belt era.

However, he will be the first boxer in the history of the sport to be a unified champion in 2 weight divisions if he is victorious against Marlon Tapales. After this, it might be 3 unified championships if he again moves up to featherweight. Who are the big names there? I reckon all of the featherweight champions can be beaten by Inoue.

On Inoue not being very known to make an argument to bring him to Las Vegas, the promoters can make him the undercard for an event of Canelo or another very famous boxer.
1062  Economy / Speculation / Re: What do you think Bitcoin Market Need Promotes for Price up ? on: July 27, 2023, 04:29:07 AM
Yes it can certainly dump to $25k, however, it might also form a bullish divergence with the 14 day RSI which might imply that it will pump there after. This dump should be welcomed by buyers because clearly buying on $25k is better for your money than buying on $30k.

Also, there are unexpected occurrences in the cryptospace that should make everyone more bullish and know that we are at the end of the bear market. Occurence 1 is Ripple's victory against the SEC. Occurence 2 will be spot ETF approval.
If that happens then the situation will become more infuriating for investors and traders who took entries aorund $30k. But the risk is always there so they might not react tht much. But there are newbies too, to whom news outlets, titok, Twitter Influencers had motivated that BTC is going fo bullish cycle in 2024.\

Such news or statements attract many newbie to fall pray to FOMO. And not they might be suffering. Almost $100 million plus trades were liquidated just because market goes below 29,000$. I hope this will not occur and market would maintain its price at $29,000 at least.

The feeling of being more infuriated should be replaced by a feeling of more excitement. They would be the most infuriated if they dump on $25k because if it pumps back to $30k, what has occured? They dumped low and will be forced to pump high just like any newbie hehehe. Also, the observers who have not yet entered the market are in presently disbelief. They will be the next people to pump it higher when they feel the fear of missing out.
1063  Economy / Speculation / Re: The Big Short movie, BTC edition? on: July 27, 2023, 03:35:24 AM
News update.

Very much similar to what I have said before, the American government will make stablecoin issuers of their choosing as the gateways of liquidity and inflows and outflows of fiat in and out of the cryptospace. The regulatory framework for this might be available and ready on the president's desk on 2024 before the election.



Senior members of the House of Representatives suggested that a deal to create a comprehensive framework in the U.S. around stablecoins could be close.

And late on Wednesday the House Financial Services Committee advanced legislation to significantly alter the U.S. regulatory approach to crypto markets by a bipartisan vote, 35-15. The bill drew staunch opposition from several senior Democrats on the panel, but Republicans were joined by six Democrats report the bill out favorably, a procedural step towards consideration before while House of Representatives.

Waters and House Financial Services Committee Chair Patrick McHenry, R-N.C., were optimistic that ongoing last-minute negotiations could yield more agreement on stablecoins legislation paired with the market bill and due up for a similar committee vote on Thursday.


Source https://www.theblock.co/post/241508/democrats-oppose-crypto-market-overhaul-but-stablecoin-deal-possible
1064  Bitcoin / Bitcoin Discussion / RFK Jr Says He Purchased Bitcoin For His Kids on: July 27, 2023, 02:58:37 AM
He might not get the nomination to become the Democrats' presidential candidate in their Democratic national convention, however, he is giving free advertisment for bitcoin hehehe.

Also, assuming that Robert Kennedy, a politician, really purchased bitcoins for his kids as part of their inheritance, I reckon that we might be witnessing bitcoin's mainstream acceptance as a collectible.



Presidential candidate Robert F. Kennedy Jr has always been outspoken about his support for cryptocurrencies. The 2024 presidential candidate has time and again made promises outlining the policies that he will enact if he is elected to power, including some targeting Bitcoin. However, RFK revealed Wednesday that he has actually purchased Bitcoin, 2 BTC for each of his seven children.

RFK previously disputed owning any Bitcoin of his own but confirmed owning 14 BTC in a Twitter space when asked about the subject. “Right after the Bitcoin Conference, I decided to put my money where my mouth is and bought two bitcoin for each of my seven children,” said Kennedy.


Read in full https://watcher.guru/news/rfk-jr-says-he-purchased-bitcoin-for-his-kids
1065  Bitcoin / Legal / Re: SEC appeals XRP ruling on: July 27, 2023, 01:52:33 AM
__
Within 2 years, while the EC will file an appeal, new crypto legislation may appear in the US if the right president wins the 2024 elections

There are some people in social media that have begun announcing a breaking news that the US house financial services committee in congress has passed a bill to create a regulatory framework for the cryptospace. Let us wait for more announcements from mainstream news and cryptonews media outlets and see if they share the documentation of the bill. I am quite certain that there will be some things in the bill that would be very head scratching for us hehehe.

My prediction, they will propose that there should be KYC on personal crypto wallets.
1066  Bitcoin / Legal / Re: SEC appeals XRP ruling on: July 26, 2023, 07:51:15 AM
Breaking news.
The US Securities and Exchange Commission (SEC) asked a federal judge today to appeal parts of a recent ruling in the Ripple Labs case. The SEC says the decision doesn’t square with existing securities laws.
Don't understand how the decision doesn’t square with existing securities laws?
Isn't this decision issued by a competent judge? Is it possible for a judge to rule in favor of Ripple in a way that violates the law?

In any case, Ripple won the case in the first stage, and this will give them more confidence and time to enter the appeal with much more force, although I believe that the appeal will not change anything in the decision.

What are you trying to imply? The judge is not only incompetent but also corrupt? If you were paying attention on what has been happening in the cryptospace, it was CZ, Brian Armstrong, Jesse Powell, the Winklevoss and the other founders of cryptospace projects who were asking the SEC for regulatory clarity and guidelines to make their exchanges and projects more compliant. However, uncle Gary would not accomodate on their request and instead began cracking down on the cryptspace.

It took a judge to make a ruling to make everything clear for the SEC.
1067  Economy / Gambling discussion / Re: [Boxing] Stephen Fulton vs. Naoya Inoue | WBC & WBO 122 lbs bout | July 25 on: July 26, 2023, 06:36:57 AM

I reckon none of team Inoue's psychological tricks will work and this is why I predict a split decision win for Fulton.


I have never seen Inoue's face like that in Fulton's face-off from his past face-off, he is challenged to not humiliate Fulton but knock him it, I wonder why Ebbis said that Fulton is bigger in their face-off because they have the same body build and almost the same height, I believe Inoue can carry his power in the Bantamweight division and if he ever capture the Bantamweight division he will reign this undisputedly for years before moving up to conquer more division, Fulton is the only top fighter in the bantamweight division, not even Marlon Tapales can match Fulton or Inoue.

I am presently very ashamed of my prediction after witnessing what occurred in the ring. Fulton did not win any rounds! Similar to everyone, I knew Inoue is a good fighter, however, I was not convinced that he is a type of fighter like Pacman. Inoue certainly showed everyone that he is on his level.

What was the odds on a knockout win for Inoue? It appears this will also be the bet vs. Marlon Tapales hehe.
1068  Economy / Gambling discussion / Re: [Boxing] Inoue vs Tapales for Unified Super Bantamweight Title on: July 26, 2023, 06:13:03 AM
@Kelvinid. Those are very accurate odds after the performance we have witnessed from Inoue against Fulton, I reckon. I have become convinced on the Japanese fighter. Inoue is like the young Pacman but with more knockout power in his hands.

@bisdak40. The fight is speculated to occur on November. The venue might also be in Japan. However, Inoue's promoters should begin organizing his fights in Las Vegas if they want him to become a big name like Pacman.
1069  Economy / Exchanges / Re: [Updated] FTX on: July 26, 2023, 05:24:50 AM
News update.

When did Sam engineer a giftof $10 million to his father? Within 1 year of CZ's action to dump FTT? This might be already planned as a countermeasure fund and if it is really a countermeasure fund then Sam might have already known that FTX would collapse 1 year before anyone else.



Former FTX CEO Sam Bankman-Fried is reportedly paying millions to his defense lawyers using stolen funds. The accusation has come from lawyers on behalf of the now-collapsed crypto exchange. Specifically, they are claiming that the founder is paying $10 million in his defense using money that was misappropriated.

CNBC reports on the initial accusation against Bankman-Fried. Moreover, lawyers have stated that the FTX founder “engineered a gift” of $10 million to his father, Joe Bankman.


Source https://watcher.guru/news/ftx-claims-bankman-fried-is-paying-millions-to-lawers-using-stolen-funds



There are also rumors that Sam was seen outside the building of the district court for the southern district of New York. It appears all these jokes we were making about Sam being an informant for the American government might be true hehehhehee.
1070  Economy / Exchanges / Re: Binance adds support for the Lightning network on: July 26, 2023, 03:36:01 AM
I saw the update just now on his twitter.

Users can now deposit up to 0.05 BTC and withdraw for as little as 0.000002 BTC in fees.
I asked why deposits in the lightning network are restricted unlike other networks?

It might be because there presently is not much liquidity in the Lightning network to send more than 0.05 BTC and expect them to be recieved successfully 100% all of the time. I reckon it can handle a higher amount per transaction, however, Binance might be starting it more cautiously then slowly increase the limit over time.
1071  Economy / Speculation / Re: What do you think Bitcoin Market Need Promotes for Price up ? on: July 25, 2023, 04:47:56 AM
Or all this Binance FUD finally comes to an end.

I speculate that this Binance FUD will never end unless CZ goes to prison, he leaves Binance or Binance is taken down. There are people behind traditional finance similar to George Soros' group and Larry Fink who might be behind the FUD and want to take over to become the new kings of the cryptospace. If everyone thinks the clowns and hustlers like CZ, Justin Sun, Sam Bankman-Fried, Barry Silbert are criminals, wait for the real criminals from traditional finance to come in hehehehee.
1072  Economy / Speculation / Re: What do you think Bitcoin Market Need Promotes for Price up ? on: July 25, 2023, 03:36:58 AM
I am Seeing Bitcoin Market is Not good Its Correction every Time  
It can Hit $25000  ?

Yes it can certainly dump to $25k, however, it might also form a bullish divergence with the 14 day RSI which might imply that it will pump there after. This dump should be welcomed by buyers because clearly buying on $25k is better for your money than buying on $30k.



Also, there are unexpected occurrences in the cryptospace that should make everyone more bullish and know that we are at the end of the bear market. Occurence 1 is Ripple's victory against the SEC. Occurence 2 will be spot ETF approval.
1073  Economy / Gambling discussion / Re: It's on! 2024 US Presidential Election Biden+Harris Vs Trump Bitcoin betting.... on: July 25, 2023, 02:32:47 AM
Robert F. Kennedy Jr has outlined his plan to create a new public debt issuance that will be backed by bitcoin and precious metals. He also said that bitcoin trading will be exempted from capital tax gains under his administration. This will certainly create big headline news hehe.

It also appears that Bukele will also find a friendly American government towards El Salvador if papa Robert wins hehehehe. The both of them are bitcoiners.



“My plan would be to start very, very small, perhaps 1% of issued T-bills would be backed by hard currency, by gold, silver platinum or bitcoin,” Kennedy said, describing his vision for returning to a hard currency standard in the U.S.

In addition, Kennedy announced his administration “will exempt the conversion of bitcoin to the U.S. dollar from capital gains taxes.”


Source https://www.thestreet.com/cryptocurrency/rfk-jr-announces-plan-to-back-dollar-with-bitcoin-end-bitcoin-taxes

Just imagine what will happen to Bitcoin exchange rates if Kennedy wins somehow. Not only the prices will reclaim the peak that was attained in 2021, but there is a good possibility that we will reach six digits. When Trump was elected in 2016, a lot of people had high hopes on him. But he didn't do much in favor of cryptocurrency. Let's hope that Robert F. Kennedy Jr. will be different and will keep his promise in case he is elected. But then, the chances of Kennedy getting the Democrat nomination is close to zero.

Trump might have spoken against bitcoin and the cryptospace, however, his administration did not actively tried to crackdown against it. There might have been a few attacks, however, it was not similar to an aggressive campaign against crypto like under the Biden administration.

The next national convention of the Democrats will be on August 19 where they will nominate their candidate for the 2024 presidential election. According to the news, Biden is leading but Robert Kennedy should not be underestimated.

I was also looking for odds on the Democrats' nominees but I found something very funny on coinplay.com. Hunter Biden bets heheheheee!

https://coinplay.com/line/special-bets/1420985-special-bets/177700903-hunter-biden-special-bets

I do not promote coinplay.com, do give me red trust hehehe.
1074  Economy / Gambling discussion / Re: Boxing Speculation, Odds and Predictions on: July 25, 2023, 02:13:10 AM
^^ Right, Perhaps it was just bad stylistic matchup for Teo Lopez that time. As he can't adjust to the style of Kambosos as he was being beaten to the punch. Although he try to rally late in the rounds in that fight, was not enough for him to overcome the big lead early by Kambosos.

No, it is not about being in a bad matchup. I reckon Teo can fight almost anyone and win in the lightweight and super lightweight divisions. It might be Teo lost vs. Kambosos because he had personal problems that might have affected him in his training and certainly caused him not being 100% for the fight. Also, he only lost in a split decision with less than 70% of his capabilites. If they fought today, Teo would win and it might also be with a knockout.
1075  Economy / Gambling discussion / Re: [Boxing] Stephen Fulton vs. Naoya Inoue | WBC & WBO 122 lbs bout | July 25 on: July 25, 2023, 01:09:39 AM
If anyone of you was not aware, the Japanese are known in using psychological warfare before the fight to cause more anxiety to an opponent who is already suffering from anxiety because the fight. They used this against Nonito Donaire in his rematch vs. Inoue. It was rumored that random people would knock on Nonito's door every hour who are pretending to be fans to prevent him from sleeping. There were also other issues like not allowing Nonito's gloves to be used and other little problems like no chairs, no water available in his locker room.

However, it appears Fulton's team is very smart. They are using the Japanese tricks against Inoue's team so Fulton can rest and concentrate only on the fight hehehe.

Ohh, this is not good but there might be some truth to this. I hope Fulton is aware of this tactics and be ready to whatever those Japs threw at them. Might be that "cake thing" was one of them.

I have not heard about the cake thing hehe. What is it?

In any case, yes I am quite certain that Fulton's team is aware of these dirty tactics. This might be why they are using tactics that are a little similar on Inoue, like demanding a blood test before the fight or making small complaints on the hand wraps. These are types of psychological warfare to annoy and make the opponent more anxious.

I reckon none of team Inoue's psychological tricks will work and this is why I predict a split decision win for Fulton.
1076  Economy / Service Discussion / Re: Payment processor hacked, more than $23M in crypto stolen on: July 24, 2023, 05:34:47 AM
I'm surprised they keep that much money in hot wallets. In my mind, hot wallets are only meant for amounts you can afford to lose. It makes me wonder how much money they process if they consider this "pocket change".

It might because that much money are the inflows and the outflows made by the payment processor on a daily basis? As already mentioned by others, Alphapo is a business to business processor for crypto gambling services. What we should worry about is which casinos are using Alphapo's services. I reckon if you have some coins in big gambling operators, you might be safe because they can absorb the loss. But withdraw if you have money you do not want to lose if held in a smaller casino.
1077  Economy / Exchanges / Re: Coinbase vs SEC on: July 24, 2023, 04:22:57 AM
@Darker45. I am not saying that you are specifically tricked by the news. I am only implying that most of the time, all of us are influenced by what we read from mainstream news media. They will use different statements that might make the truth appear more abstract and make it appear that something else was being said.

On the ruling, as the judge declared, XRP as a digital token is not in and of itself a contract, a transaction or a scheme that embodies the howey test requirements of an investment contract. This is a very important statement the sets the precedent that many of the other crypto projects' tokens are not illegal securities. If the SEC wants to argue differently then they should appeal the ruling. We should not be tricked that sometimes it is a security, sometimes not. The ruling clearly declares that it is not.

I'm now wondering whether you have actually read or understood the entire decision. It's not wrong to paraphrase the decision if only to make it brief and direct to the point, therefore, easier to digest, for as long as the point is there. Not saying everything verbatim is not equivalent to "mak[ing] it appear that something else was being said." We're not being tricked here. We're simply repeating what is there in the decision itself. But let me just bring you to the actual text of Judge Torres:

"For the reasons stated below, the SEC’s motion is GRANTED in part and DENIED in part, and Defendants’ motion is GRANTED in part and DENIED in part."

"For the foregoing reasons, the SEC’s motion for summary judgment is GRANTED as to the Institutional Sales, and otherwise DENIED. Defendants’ motion for summary judgment is GRANTED as to the Programmatic Sales, the Other Distributions, and Larsen’s and Garlinghouse’s sales, and DENIED as to the Institutional Sales."

The decision does not declare that XRP is "sometimes it is a security, sometimes not". Those are your own words, your personal interpretation. And those are the wrong words and interpretation.

The decision is actually founded upon the fact that "the SEC alleges that Ripple engaged in three categories of unregistered XRP offers and sales:

(1) Institutional Sales under written contracts for which it received $728 million;
(2) Programmatic Sales on digital asset exchanges for which it received $757 million; and
(3) Other Distributions under written contracts for which it recorded $609 million in “consideration other than cash.”"

The court's decision is based on these three different categories, and they ruled as follows:

  • On Institutional Sales: "the Court concludes that Ripple’s Institutional Sales of XRP constituted the unregistered offer and sale of investment contracts in violation of Section 5 of the Securities Act."
  • On Programmatic Sales: "the Court concludes that Ripple’s Programmatic Sales of XRP did not constitute the offer and sale of investment contracts.
  • On Other Distributions: "the Court concludes that Ripple’s Other Distributions did not constitute the offer and sale of investment contracts."

These different decisions are the reason why there is not only one winner in the case. Clearly, the court favored the SEC in one category and opposed as to the other categories. In the same manner that it also granted Ripple's motions in some categories and denied in the other one.

And I repeat that Judge's Torres decision is not based on the XRP token alone but upon consideration of "the economic reality and totality of circumstances."

Yes I am aware of the totality of the judge's decision. However, and I am only saying, that it is very important for us not to be confused on what the judge's ruling on XRP really implies. The ruling states clearly that XRP as a digital token is not in and of itself a contract, a transaction or a scheme that embodies the howey test requirements of an investment contract.

This is the part of the case where all of the other cryptocoin and token projects can use as precedent when they begin fighting for their own legal battles.

In next coming months, I reckon that we should not get distracted and be influenced by legal terms or specific details of the case that might leave us more confused. The ruling on XRP has already been made very clearly.

On how Ripple's case ends after the SEC's appeal, I do not care. I am only talking about the present ruling on XRP. It is not a security.
1078  Bitcoin / Legal / Re: SEC appeals XRP ruling on: July 24, 2023, 03:16:38 AM
Breaking news.

A baldish man speculates that his hairline is growing back and he thinks that he is never making a mistake on this speculation.

The source of this breaking news? The baldish man.

I don't quite understand this, which I assume is irony. FYI, I have a good hairy head.

Do not make the mistake of being tricked by the baldish man. This appeal is created to spread fear, uncertainty and doubt.

Instead of continuing to make fun of the bald guy, explain one thing to me: according to you, if Ripple and the rest of shitcoins are not securities, what are they?


I am only finding humor on uncle Gary's reaction hehe.

In any case, if you are asking about my unqualified opinion, my honest reply would be I do not know what they are. Are they commodities, currencies or utility tokens? I do not know. However, what I know is the SEC certainly also does not know what they are because they do not have clear guidelines. It took a judge to make a ruling for them that XRP tokens by themselves are not illegal securities.
1079  Economy / Gambling discussion / Re: [Boxing] Stephen Fulton vs. Naoya Inoue | WBC & WBO 122 lbs bout | July 25 on: July 24, 2023, 02:46:38 AM
If anyone of you was not aware, the Japanese are known in using psychological warfare before the fight to cause more anxiety to an opponent who is already suffering from anxiety because the fight. They used this against Nonito Donaire in his rematch vs. Inoue. It was rumored that random people would knock on Nonito's door every hour who are pretending to be fans to prevent him from sleeping. There were also other issues like not allowing Nonito's gloves to be used and other little problems like no chairs, no water available in his locker room.

However, it appears Fulton's team is very smart. They are using the Japanese tricks against Inoue's team so Fulton can rest and concentrate only on the fight hehehe.
1080  Economy / Gambling discussion / Re: Boxing Speculation, Odds and Predictions on: July 24, 2023, 02:17:01 AM
George Kambosos will be back in action,



https://www.boxingscene.com/photos-george-kambosos-maxi-hughes-set-showdown-shawnee--176323

So after losing all his belts to Haney, Kambosos is back against Maxi Hughes tonight. This is going to be a comeback fight for him so let's see if Maxi will be a good tune up fight or George doesn't have it anymore.

But I expect George to win in the later rounds by stoppage. Maxi is 3:1 underdog.

Kambosos won the fight, but I was personally unimpressed on how he fight and it seems he was gifted with this win. Even after Kambosos won, and in his interview i the ring, you can hear the boos in the background.

But he justify that there are close rounds and he could have been favored by the judges. However, as we say, a win is a win, so Kambosos got lucky and so his career continues again with Top Rank.

Agreed. On his record, Kambosos was only very lucky on the timing when he fought Teofimo Lopez, I reckon. I am aware that Teo has not fought a big name before Lomachenko which also Teo was lucky on the timing, however, if Teo and Kambosos fought today, does everyone think Kambosos would win?

@YuginKadoya. There are no sexy fighting kittens in these boxing cards heheehhe.
Pages: « 1 ... 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 [54] 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 ... 596 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!