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@AdamCox9. Thank you.
In any case, where is smooth? Taking everything about the coronavirus pandemic into consideration, I am very worried.
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@leea-1334. I disagree. From the beginning, I reckon that Grin's monetary policy of infinite supply has already discouraged short term speculators. The development team has made it very clear that anyone buying to get rich quick will have their coins diluted. https://github.com/mimblewimble/docs/wiki/Monetary-Policy |
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@jossiel. Grayscale's huge purchase does not automatically make that a correct decision, however. We might be in a similar situation 2 years before the 2008 financial crisis. Have you seen the movie The Big Short?
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@Darker45. However, Hal came on 2010, correct? This is 1 year after the said 50 BTC coinbase was rewarded to the miner.
I speculate that the only miners 1 month after bitcoin's creation might predominantly Satoshi with different computers.
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This article was written fairly, however, it put grin on a negative slant. I reckon it would be also fair if the writer made this quote the highlight of the whole article. Grin developers say the cryptocurrency isn’t designed to cater to short-term speculative investors.
“Cryptocurrency is mostly a speculation game,” said grin developer John Tromp. “Grin is hurt in the short term by being speculation-unfriendly.”Source https://www.coindesk.com/18-months-few-people-use-mine-buy-privacy-coin-cryptocurrency-grin |
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News update 1. On a shocking twist, Justin Sun has tweeted that he was not involved personally in this hard fork. He supports the Steem witnesses who are voting for the hard fork to seize the coins of the hostiles, however. Since the article was published, Sun tweeted, "First of all, both Steemit Inc. and I are not involved in this hard fork. However, I do have sympathy for current Steem witnesses and can see where they are coming from. The Hive witnesses took their assets away from them by force, causing huge losses to them."
"I am not involved in this decision in any way, but as a member of the Steem community, I am entitled to my own opinions. Since Hive took the assets from the Steem witnesses, vitalik & the misleading media have been 100% supportive of it," he added.Source https://decrypt.co/29416/steem-network-to-seize-5-million-from-its-own-usersNews update 2.  Justin Sun calls the cops over ‘stolen’ Steem fundsSource https://decrypt.co/29564/justin-sun-stolen-steem-funds |
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Before there's more wild speculation about where these old coins that moved came from... Let's remember that bitcoin was revealed publicly by satoshi upon release. An archive of the emails posted by satoshi can be seen here: https://satoshi.nakamotoinstitute.org/emails/cryptography/ People were in theory able to become part of the network and use bitcoin, mine and transact with equal access as satoshi himself onward from the genesis block. Especially a month in the opperation. By some of the early participants that publicly showed interest, its obvious that one of the earliest adopters of bitcoin was Hal Finney (may he rest in peace). This is all public information verified by the record of the same mailing list. While we can't be sure who had mined the block that went in the address 17XiVVooLcdCUCMf9s4t4jTExacxwFS5uh specifically, we also shouldn't assume that those coins were lost. For example, Hal had admitted storing keys for coins he had mined for his family. However, those coins were from 2009. 1 month only after creation! Also, where are the evidences that Satoshi only mined from 1 computer and if Satoshi was only 1 person? I reckon the chances that it might be Satoshi is higher than what the bitcoin news media is telling us. In any case, this is an article about Patoshi blocks and explanations on how those coins were not from Satoshi. It assumes that Satoshi was mining from only 1 computer, however. The so-called Patoshi Pattern (developed by RSK software designer Sergio Demain Lerner) gives us a rough picture of Bitcoin’s mining landscape in the early months. Basically, this pattern looks at the “nonces” (i.e., the cryptographic hash that miners guess to connect a new Bitcoin block with an old one) left by what is believed to be a single entity (some believe Satoshi).
Patoshi blocks have a different nonce pattern (due to an old flaw in Bitcoin’s code) than other miners’ blocks, the analysis suggests. And as Castle Island Ventures partner Nic Carter points out on Twitter, the Bitcoin that were just spent came from a different block than the ones that belong to the Patoshi Pattern.Source https://decrypt.co/29575/satoshi-nakamoto-didnt-just-move-bitcoin |
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Also, I speculate that Khabib might not fight according to his original plan on July or September. His father is in a coma.
His father opened his eyes and hopefully he will recover well. The support and prayer he from everywhere was surprising, even McGregor praised his dad and wished him recovery. His condition has worsened. It appears we might witness an angry Khabib return on September and his anger might also be used by Dana and Trump for storyboards and propaganda against China's coronavirus.I also predict Weili Zhang will be thrown to Valentina Shevchenko's den by uncle Dana hehehehe. In the latest report from media outlets, it’s been said that Abdulmanap’s condition has worsened and he is now on life support as he cannot breathe unassisted (via RT). Abdulmanap has been battling COVID-19.
“More than 20 of my close relatives have suffered (from) COVID-19 and also had to stay in intensive care. Some of them are not with us anymore,” Khabib said, as translated to MMA Junkie by two sources. “As for my father, there’s been so much support, and people kept asking about my father.Source https://www.mmanews.com/report-khabibs-father-on-life-support-after-condition-worsens/ |
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I am shaking my head. I reckon the leaders of the Steem and Hive platforms have only been successful in corrupting their own coins. @smooth. What would be your suggestion for the leaders of the 2 platforms? Steem, a popular blockchain and social blogging platform, will undergo a hard fork on Wednesday to shut down accounts that object to TRON’s leadership, seizing about $5 million in STEEM in the process.
This hard fork will arguably censor several blockchain accounts that are sympathetic to Hive—a blockchain that many users moved to after TRON‘s CEO, Justin Sun, bought-out Steem’s development company Steemit Inc in February.
Steemit, however, argues that Hive is a hostile fork and that many of its users are causing trouble. It claims that many users are sending spam transactions, posting recycled content to disrupt the rewards system, and attacking and doxxing users.Source https://cryptobriefing.com/tron-will-seize-5-million-steem-from-dissident-tokenholders/ |
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It appears the investors capitulated, lost some of their investment and begun this lawsuit to take their money back hehehehe. The skeptical me is thinking that if EOS has become bigger than Ethereum in market capitalization, the plaintiffs would be celebrating their profitable invesment instead of this lawsuit hehehe.  Dan Larimer, CTO of Block.oneCrypto Assets Opportunity Fund LLC and Johnny Hong filed a class action complaint against the company Monday in the U.S. District Court for the Southern District of New York. Along with Block.One, its CEO Brendan Blumer, CTO Daniel Larimer, cryptographer and previous Block.one partner Ian Grigg and previous adviser Brock Pierce are all listed as defendants.
The plaintiffs allege that Block.one provided investors with false and misleading information about EOS in an effort to raise billions in an allegedly unregistered securities sale. According to the complaint, Crypto Assets Opportunity Fund LLC and Hong claim to have purchased tokens on a secondary market after the sale, which, as reported at the time, brought in an estimated $4 billion.
Plaintiffs contended that Block.one drove the price of EOS by "aggressively" marketing it to U.S. investors and insisting that the EOS blockchain would outperform existing blockchains. The complaint alleges that defendants even told prospective investors that EOS stood for "Ethereum on steroids."
However, the complaint alleges that by not outperforming other blockchains, not disclosing significant internal disagreements and failing to decentralize sufficiently, Block.one misled investors.Read in full https://www.theblockcrypto.com/post/65615/class-action-lawsuit-filed-against-block-one-over-allegations-about-its-eos-initial-coin-offering |
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This is where I will begin posting the news updates on different services on the cryptospace and share my skeptical thoughts hehehe. In any case, here is a lawsuit filed against Bitmex for money laundering, wirefraud, unlicensed money transmission, market manipulation and racketeering. The plaintiff is Pavel Pogodin, BMA LLC. Who is he? For the skeptical me, this appears to only be a lawsuit to harrass the service. I have not done full research, however. Does anyone know more about this?  Arthur Hayes, CEO of BitmexA new lawsuit has been filed against the parent of crypto derivatives exchange BitMEX, HDR Global Trading Limited, as well as ABS Global Trading and its co-founders Arthur Hayes, Ben Delo and Samuel Reed, accusing them of illegal activities such as money laundering.
The 106-page lawsuit, filed on Saturday by plaintiff BMA LLC in the U.S. District Court for the Northern District of California, alleged that BitMEX was designed to engage in illegal activities such as racketeering, money laundering and market manipulation, earning the defendants "billions of dollars in illicit profits." Crypto publication ForkLog first published the complaint.
The plaintiff further alleged that BitMEX operates an unlicensed money transmitting business. "According to Defendants' own data, Defendants' unlicensed money transmitting business admittedly processed, on average, $3 billion of illegal and unlicensed money transfers each day, all in violation of United States federal statute..., which is the record volume for such unlawful activity in the entire history of the monetary regulation in the United States," read the lawsuit.Read in full https://www.theblockcrypto.com/post/65618/bitmex-accused-of-money-laundering-market-manipulation-in-new-lawsuit |
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@SScomrades. Yes hehehe. Let us wait for Ronnie's reply. I reckon the lockdown caused many people in the world to be more entertained on geopolitical news similar to televised sports and movies.
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There appears to be another bounty program on Ethereum similar to the DAO. Payment is everything you can get from this unstoppable smart contract hehehe.  Ethereum’s premier coin mixing service is now permissionless.
Tornado Cash, a privacy tool for obfuscating the history of Ether (ETH) transactions, completed a cryptographic process known as a trusted setup ceremony on May 10 followed by a contract update on Monday to create perpetually self-executing code.
Tornado Cash v1 first launched in August 2019, but remained an audited “experimental software” because the developers retained control over user funds through a multi-sig wallet.
With v2, all that is gone. The MPC and Monday’s contract update effectively break up the developer key by creating a crowdsourced smart contract without a private key.Read in full https://www.coindesk.com/developers-of-ethereum-privacy-tool-tornado-cash-smash-their-keys |
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@Betwrong. There is no some correlation between bitcoin and the Dow Jones. There is very high correlation between bitcoin and the Dow Jones. If you ask yourself why and be honest with yourself, you would accept the argument that bitcoin is indeed being used predominantly as a speculative asset. This implies pumping and dumping by whales on leverage, tether printing to manipulate price, clickbots on social media to create and control the storyboards.
Also many others that JK Rowling can write stories about hehehe.
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@buwaytress. Agreed! Maximalists' behavior have become very embarassing. Worse behavior than some altcoin communities. In any case, she adapted to the community very quick. This is impressive heheehe!  Harry Potter author JK Rowling continued to rile up Bitcoin supporters today, when she apparently revealed her allegiance to BTC’s No.1 competitor—Ethereum.
Rowling tweeted, “This is getting silly. I’m not joining the Bitcoin community. It should be perfectly obvious by now that I’ve been trolling Bitcoin in the hope of boosting my significant Ethereum holdings.*”Source https://decrypt.co/29193/jk-rowling-jokes-about-her-significant-ethereum-holdings |
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@Ronnie. I have been following closely the news and occurrences between China and America on the political and the military tensions on the South China Sea. If Cloudbet listed the odds for will there be war between China and America before 2024, what would the odds be for yes and no?
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Since democrats elected Biden there already no any another result than Trump victory. I will bet a little, but it's not interesting anyway. Another 4 years with Trump is coming  Agreed. The Democrats would have a better chance to win the independent votes with Bernie Sanders running for them. However, everyone is fearful of him because he is similar to Trump. He has his own mind. Not very practical. Bernie Sanders is extreme-left and he may cost a lot of centrist votes. He may bring in Hispanic and youth votes, especially in the swing states, but overall I am not very excited about a 79-year old presidential candidate with poor reputation among the African Americans. I would say that for now, Biden seems to be the best candidate for Democrats. Sanders would have been a very good candidate against Trump in 2016. But I don't have the same opinion now. That is what the mainstream media has labeled him, similar to how CNN, CBS, NBC and ABC have labeled Trump as a personification of Hitler. However, Bernie has shown to be more reasonable than Hillary and Biden. Also, Bernie is 78, Biden is 77. On relative age, they are similar. |
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South China Sea is international waters, its China who is making proactive moves in that situation. Might be a good analogy for the wider picture, whether USA realises or not they benefit from the status quo and so are unlikely to change it. However factors like this virus are natural and reoccuring inevitable events that upset the order. Its probable China does something sooner or later and hence thats the excitement of another type on a macro time frame. This year I dont see as that exciting vs the ones after. However, what is the status quo for China? A large area of the South China Sea is not international waters according to China's 9 dash line claim. Also, your post is confusing. What is your point? |
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@figmentofmyass. There was also a reply from Changpeng Zhao, CEO of Binance which appeared to be more stupid than the others hehehe. Teach a women to fish? Is this his best effort to trick JK Rowling to create a Binance account?  |
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Since democrats elected Biden there already no any another result than Trump victory. I will bet a little, but it's not interesting anyway. Another 4 years with Trump is coming Agreed. The Democrats would have a better chance to win the independent votes with Bernie Sanders running for them. However, everyone is fearful of him because he is similar to Trump. He has his own mind. |
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