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It is head shaking that uncle Gary, the SEC and the American government are cracking down on the cryptospace while a communist country like China are slowly allowing it through Hong Kong as the go between.
Another head shaking thought is only 2 years ago, China and Hong Kong were banning people under their jurisdictions from using crypto hehe. They were also closing people's bank accounts because they had transactions related to cryptocoin exchanges and services.
Are we in a simulation?
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News update. This news is 3 weeks old and I have noticed it only yesterday. It appears that the question is answered. Tornado Cash is still up and usable hehe. According to their latest update, version 2 of their mixer will implement proof of innocence where the funds from illegal activities or a blacklist will be blocked from using the mixer. In any case, the problem this would cause is in ETH's fungibilty. The funds that can pass through version 2 will be worth more than the funds that cannot pass through. Tornado Cash 2.0: The race to build safe and legal coin mixers
New coin mixers aim to preserve privacy while revealing just enough data to stay on the right side of the law.Read in full https://cointelegraph.com/magazine/tornado-cash-2-0-the-race-to-build-safe-and-legal-coin-mixers/ |
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edit: Ahh... Turns out this site is banned in my country. i have to use vpn. OK, I'll try another time
If it is banned in your jurisdiction, do not use a VPN to log in BC.game or any other casinos, exchanges and services that would require their customers to undergo KYC in the future when it is time to withdraw your funds. We do not want another person going to this thread and post how he was scammed by the site. Also, everyone should always read the site's terms before making a deposit. There were Celsius depositors that have learned this lesson. I just browsed a bit and found some topics on the bc.game forum where they state they allow vpn ( https://forum.bc.game/topic/10137-the-solution-on-the-issue-with-bc-being-blocked-in-some-contries/). No moderator or admin ever replied on it so best would be to go into livechat and ask about it. I use a VPN on one casino because their livechat confirmed that they allow it. I used a VPN for a while just to be able to play some providers that are not available for me... but that was last year, I haven't used a VPN for a long time. And I never had some problems because of that, generally, I never had deposit/withdrawal issues at BC. To use VPN or not to use it will always be a tricky decision to make. With decent deposits/withdrawals and fair play (only slots I can't play otherwise), my experience is fine, I never had any problems. But who knows if everything would be fine in case of hitting some jackpot!  I reckon if a casino, exchange are any service in the cryptospace is not banned under your jurisdiction and you use a VPN for privacy, this is okay. However, if you are not allowed to use a service because, according to the law, the jurisdiction you are under has banned the service, then you should be more careful. What would happen when the service asks for KYC and they find out that you are not supposed to be logging in their site? It would appear to them that you are using a VPN to avoid the restrictions imposed under your jurisdiction. |
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It’s crazy that sites are allowing people to bet on this fight already. As serious as they may seem about it, Elon is so rich and has such an important mission ahead of him, it would be stupid to fight. Imagine human beings never become a multi planetary species because Elon got injured in a fight with the Zuck… Any place I can bet on this fight not happening?
What is crazy is the news. It went from the excitement of BlackRock's ETF application to the tragedy of the Titanic submersible that imploded then Zuck vs. Elon fight. We live in a simulation hehehe. In any case, Zuck is the favorite with odds of 1.36 being a student of BJJ who has won 2 medals in amateur tournaments. https://coinplay.com/line/special-bets/1942126-celebrity-fightsOdds for this fight not to happen is also available. However, time to wait is only until September 2023. https://coinplay.com/line/special-bets/1942126-celebrity-fights/175194827-elon-musk-vs-mark-zuckerberg-special-bets |
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edit: Ahh... Turns out this site is banned in my country. i have to use vpn. OK, I'll try another time
If it is banned in your jurisdiction, do not use a VPN to log in BC.game or any other casinos, exchanges and services that would require their customers to undergo KYC in the future when it is time to withdraw your funds. We do not want another person going to this thread and post how he was scammed by the site. Also, everyone should always read the site's terms before making a deposit. There were Celsius depositors that have learned this lesson. |
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@zasad@. Witnessing what has happened within 2 weeks, it appears not to be the case with Gary Gensler as the head of the SEC. I warn not to underestimate where Gensler wants to go in his crackdown against the cryptospace. We might have forgotten that Ethereum's founders had their own ICO from July 14, 2014 to September 2, 2014.
This information can be used as part of the SEC's fear tactics in implying that Ethereum might be an illegal security.
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This is a head shaking comment from some of the holders of Bored Ape Yacht Club NFTs. Do they not know that there are not many people who could afford to buy NFTs that are more than 1 ETH? Bored Apes were worth 60 ETH per NFT before the dump and it is still very expensive at 30 ETH. However, it is easier to blame someone or something else than making an unbiased assessment on what's happening around them. Asset prices cannot pump forever. Bored Ape Yacht Club, the top-traded NFT collection, is trapped in a brutal bear market, and holders are blaming the recently launched Blur NFT marketplace.
The reason? Blur has incentivised NFT trading on its marketplace by promising a lucrative token airdrop for top users — free tokens that can be traded on secondary markets for value.
Now traders are playing hot potato with Bored Apes to pump up their activity on the marketplace.
Still, detractors say Blur is having a negative impact on the value of Bored Apes — that’s because traders don’t mind if they buy a Bored Ape and sell it at a loss.Source https://www.dlnews.com/articles/markets/bored-ape-fans-blame-blur-for-falling-nft-prices/ |
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Rumors or not. I guess this is a good indicator of bullish market for bitcoin and crypto market. Also it seems the headline about sec and binance are startee to become blur and it didnt go their ways.
With the upcoming good news, people anf more institutions would not be hesitant now to pour some funds on crypto. Plenty of newd about legality still a better market noise for crypto market it is.
Agreed. 1 spot ETF approval would cause more spot ETF approvals and this will certainly give institutions who control billions in pension funds and retirement funds some exposure to bitcoin. Also, remember the pump that occured on March 12? Much of this was CZ's $1 billion conversion of Binance's BUSD holdings into Bitcoin, Ethereum and Binance BNB token. Approve 5 ETFs and I reckon there would be 5 pumps similar to CZ's March 12 pump hehehe. Given the changes in stable coins and banks, #Binance will convert the remaining of the $1 billion Industry Recovery Initiative funds from BUSD to native crypto, including #BTC , #BNB and ETH. Some fund movements will occur on-chain. Transparency.Source https://twitter.com/cz_binance/status/1635131601884700674 |
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News update. It appears Binance needs a new strategy. Separate the European Union customers and let them log in on a .eu domain similar to how they are already doing it with Binance.us. In anycase, what other exchanges like Kucoin and Bybit can learn from Binance's regulatory problems is do not grow too big and be noticed by regulators hehehe. Belgium's top markets regulator is ordering embattled crypto exchange Binance to immediately cease serving local customers, according to a Friday notice.
The Financial Services and Markets Authority (FSMA) said Binance is "offering and providing exchange services in Belgium between virtual currencies and legal currencies, as well as custody wallet services, from countries that are not members of the European Economic Area," which the regulator says is in violation of a prohibition.Source https://www.coindesk.com/policy/2023/06/23/binance-ordered-to-immediately-halt-offering-crypto-services-in-belgium-by-markets-regulator/ |
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Featherweight: Josh Emmett vs. Ilia Topuria
Women's Flyweight: Amanda Ribas vs. Maycee Barber
Women's Strawweight: Tabatha Ricci vs. Gillian Robertson
Crazy fights await us, and I am talking about the Ilia Topuria against Josh Emmett fight, for me I am seeing Yair Rodriguez to Ilia Topuria but Topuria is durable and surely has a much power output on his striking, so this is again going to be a hard fight for Emmett once again, sorry for Josh Emmett's fans because I really don't see him winning this fight, for me this main event will truly be a great fight and a lot is surely waiting for it to unfold, and I can not wait to see how Ilia Topuria is doing after his win against Bryce Mitchell, and if he could beat Paddy Pimplett someday, While I see 4 fighting kittens in this event BBC Reporting will surely be delighted with them now feast your eye on these lovely ladies, Amanda Ribas  Maycee Barber Tabatha Ricci Gillian Robertson These fighting kittens if we check their vital statistics to determine the winner, it would be Amanda Ribas' perfect 34-24-36 winning against Maycee Barber's 33-25-37. For the other fight, it will be Gillian Robertson's 34-24-34 winning against Baby Shark's 33-25-24 hehehe. In any case, has everyone seen Overeem's body? He is presently on a diet and he looks much thinner. His biceps are bigger than his legs!  |
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Another jurisdiction bites the dust. I reckon once enough exchanges have been expelled from many jurisdictions with traders having nowhere to go, it is possible that much of them will begin trading through DEX and DeFi which will increase the amount of liquidity and volume in these markets.
If DEX and DeFi popularity surpasses centralized exchanges popularity, what also might occur is instead of waiting and speculating for the Binance listing pump, it will be the Uniswap whitelisting pump hehe.
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Similar to what someone in the thread would say, it appears @South Park brought us a new victim, I mean, a new participant!
Welcome @seek3r!
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Why are these traditional financial insititutions beginning to enter the cryptospace despite being in the middle of Gensler's crackdown? It is not only BlackRock and Fidelity entering. Citadel Securities and Schwab's EDX cryptocoin exchange has begun their operation. Deutsche Bank has applied for a digital currency license.
It will not be shocking if there was really a consipracy against Binance, Coinbase and the others to have traditional finance do a takeover and rule the cryptospace.
The question for us will be if we would want to use JP Morgan cryptocoin exchange or be forced to hehehe.
You are very fast, I also just saw this question on one of my local forums. It could be said that everything coincided in an unusual and suspicious way. Apparently, everything the SEC does has a bigger purpose behind it, and it's almost clear now. After the crackdown on Binance and Coinbase, the major Wall Street players have officially entered the crypto market. The entry of financial giants into the market is a positive for the market and shows its potential, but your question is also one that deserves attention, and I don't think we'll have a choice. Yes, I hope everyone uses their brains and should speculate that the SEC under uncle Gary is really acting dishonestly. They regulate the cryptospace through enforcement of unclear rules. The exchanges ask what are the rules to clarify, however, the SEC cannot or will not give them an answer. This is a very head shaking situation because the consumer which the SEC was supposed to protect is financially affected everytime they announce something about the crackdown. |
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Agreed. However, if Trump wins against the lawsuits made against him, I am quite certain Trump would be ahead of sleepy Joe in the polls. What the Democrats are doing to Trump, they are making him a martyr. This is the effect if they keep on persecuting him politically.
Trump's odds to become the next president are also not that far behind from Biden. I do not know how or when his case ends but if he is proven innocent and if he is allowed to run for president, it might be a landslide victory for the Donald. The Democrats should pray that hopefully he is convicted.
If he is up by 6 points, then we can assume that the public is solidly behind him. Given the complications within the American legal system, I don't think that a verdict will be given out before the 2024 POTUS elections. So in all probability Trump will be fighting the elections under the shadow of conviction. Chances of Trump being proven innocent? That depends upon the interpretation because the Democrats are never going to admit defeat irrespective of whatever happens during the legal process. They believe that it will make him more unpopular. But recent polls suggest otherwise. However, as you have mentioned, the poll was done by a biased source being a right wing group that might be trying to create some hype behind Trump. It would be safer to assume he is closely behind Biden similar to what the betting odds are suggesting. In any case, if Trump is entering the presidential race while his case is also ongoing then the outcome of the election will imply if he is free or not. If he wins then as the president of America, he is legally immune from the civilian court. If he loses, the Democrats continue to persecute him and charge cases against him to make surwe that he goes to prison. |
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Why are these traditional financial insititutions beginning to enter the cryptospace despite being in the middle of Gensler's crackdown? It is not only BlackRock and Fidelity entering. Citadel Securities and Schwab's EDX cryptocoin exchange has begun their operation. Deutsche Bank has applied for a digital currency license.
It will not be shocking if there was really a consipracy against Binance, Coinbase and the others to have traditional finance do a takeover and rule the cryptospace.
The question for us will be if we would want to use JP Morgan cryptocoin exchange or be forced to hehehe.
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Username: bbc.reporter
Rank: Legendary
Current number of posts: 10722
Bitcoin Address: bc1qagupxxqwpswgld89fkv30fynm2rt6kkvlff5jy
When can you start: Immediately
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I think people should be cautiously optimistic as all the past hype we had with ETF filings ended up being a nothing burger. Though on the bright side, we're talking about BlockRock here which is a huge ass company. They most definitely have the resources to hopefully get this approved.
Agreed, however, the decision on the case between Grayscale and the SEC might be coming soon. If Barry Silbert and Grayscale are victorious, the SEC might have no choice but to approve GBTC's conversion to become an ETF. This will certainly be very optimistic for BlackRock's ETF application hehe. The skeptical me thinks that BlackRock knows this and with their connections, they might also help Grayscale win their case? |
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Agreed. However, if Trump wins against the lawsuits made against him, I am quite certain Trump would be ahead of sleepy Joe in the polls. What the Democrats are doing to Trump, they are making him a martyr. This is the effect if they keep on persecuting him politically. Trump's odds to become the next president are also not that far behind from Biden. I do not know how or when his case ends but if he is proven innocent and if he is allowed to run for president, it might be a landslide victory for the Donald. The Democrats should pray that hopefully he is convicted. |
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Username: bbc.reporter
BTC SegWit Address: bc1qagupxxqwpswgld89fkv30fynm2rt6kkvlff5jy
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Username: bbc.reporter
BTC SegWit Address: bc1qagupxxqwpswgld89fkv30fynm2rt6kkvlff5jy
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