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5841  Economy / Speculation / Re: Bitcoin Halving Price Prediction $55,000 - $130,000 on: December 18, 2019, 01:28:26 AM
If the analysis were that easy...
We are all aware of the different nature of BTC. So we do not know what will happen until or after halving. Maybe the price will go down as it does today, maybe it will increase as unexpected. The previous ones had an impact on the price, and I hope we will get the same result from the next halving. For now, the important thing is whether the price will reach $6900 level and the next moves.

Well, we just reached $6900. Curious how it will go from here.

It might also occur similar to litecoin after its halving where some of the miners shutdown and the hashrate went down. I reckon it might begin the question if fees alone can secure bitcoin.
5842  Bitcoin / Press / [2019-12-18] Two more bitcoin firms shutdown over impending EU money-laundering on: December 18, 2019, 12:55:07 AM
I reckon that this is only the beginning. Malta, where many of the exchanges are based will be required to report their users' data to financial intelligence units under AMLD5.

In any case, what really is AMLD5 and why are smaller cryptofirms shutting down because of it?



Two more firms - cryptocurrency mining pool Simplecoin and bitcoin gaming platform Chopcoin - are shutting down over the AMLD5 European Union regulation coming into effect Jan. 10, 2020.

A notice on the Simplecoin website reads that it is closing down on Jan. 1 because the new rules will require the firm to implement several anti-money laundering (AML) know-your-customer (KYC) requirements and it is against those to protect users' privacy.

“When the laws come into effect, we would be forced to require you, the users, to identify yourselves for anti-money-laundering purposes. Mining should be available to anyone and we refuse to jeopardize our users’ privacy,” said Simplecoin.

Another firm, bitcoin gaming platform Chopcoin, also co-founded by Grieger is shutting down for the same reason. AMLD5 imposes more stringent reporting obligations for cryptocurrency firms and authorizes Financial Intelligence Units to obtain the addresses and identities of cryptocurrency owners and users.


Read in full https://www.theblockcrypto.com/post/50613/two-more-crypto-firms-shutting-down-over-impending-eu-money-laundering-rules
5843  Bitcoin / Press / Re: [2019-12-17] Bitcoin’s failing price could be caused by $2B Chinese Ponzi scheme on: December 18, 2019, 12:23:57 AM
You beat me to it  Smiley was about to post the same thing.
Was reading this https://cryptobriefing.com/bitcoin-plustoken-ponzi/

What do I think?

I don't really care. I believe Bitcoin price strictly follows TA (technical analysis) big majority of the time. Second I am not sure how and from which source they could get such information. Curious to see the effect on price but as I was saying Bitcoin price is mostly dictated by trading analysis anyway. Fundamentals barely have any effect.

It was @Thewolf666 that beat everyone to it.

https://bitcointalk.org/index.php?topic=5175906.0

The news was also treated as fud and the person responsible for exposing the scammers was called a social media randomer hehehe. I reckon the excitment of the pump had ears closed.
5844  Economy / Gambling discussion / Re: Conor McGregor vs. Donald Cerrone [JAN 2020] Discussion on: December 17, 2019, 04:02:38 AM
@Yatsan. I like Conor also, however, his plan on fighting Khabib next year after Cowboy if he wins might be wrong for him, I reckon. He does not have the skill and the cardio to beat Khabib.
5845  Economy / Gambling discussion / Re: 🏈🏈 The Essential NFL Thread 🏈🏈 - new poll every week on: December 17, 2019, 03:42:14 AM
Big game for everyone's favorite the Dallas Cowboys versus the Eagles for the NFC east division on Sunday hehehe. How is the Eagles defense? I reckon Cowboys covers -3.
5846  Economy / Gambling discussion / Re: Conor McGregor vs. Donald Cerrone [JAN 2020] Discussion on: December 17, 2019, 02:37:02 AM
Conor helped build to where the UFC is today because he helped take it to the next level with his talent as showman and a troll. There was no one else before him in this level. He is the cause of why this sport has many casual fans hehehehehe.
Conor McGregor put more eyes into the sport because of his trash talking skills and his cross over to boxing brought yet another fan base and he is a showman but after that his graph went down because of his troubles outside the fight arena and Donald Cerrone is the perfect return fight and i hope he will not take on Khabib once again as he has other great fights for the fans to see and with a new champion in 145 pound division i hope he will once again challenge the champion in that division rather than challenging anyone in higher weight divisions.

On his days when he was training diligently he was also one of MMA's best fighters. Remember the unbeatable Jose Aldo during his time? Conor knocked him out in a few seconds.
5847  Bitcoin / Press / Re: [2019-12-15] Bitcoin Prices in Venezuela Near $9,500 as BTC Demand Intensifies on: December 17, 2019, 01:39:05 AM
What is even more remarkable is the price people are willing to pay per bitcoin. Given the current global market value of $7,145, one would not necessarily expect there to be a high premium in Venezuela. Things could not be further from the truth, however, as the current premium to be paid on top of the average bitcoin price is very steep.

https://fintoism.com/news/bitcoin-prices-in-venezuela-near-9500-as-btc-demand-intensifies/

I do not agree. The high premium should be expected in a sanctioned country similar to Venezuela or Iran that are suffering from hyperinflation. Also check the exchange rates for the American dollar and euros in those countries and see how they are also given premium rates.

This is not isolated to bitcoin only.

If in reality you can buy USD in Venezuela for a price that is higher than the official rate, then maybe when talking about how much is BTC in Venezuela we should take the real price into account?

I have an impression that in articles regarding the Bitcoin price in those countries with hyperinflation they are always making the same mistake: they take the current price of BTC in local currency and then divide it by the official exchange rate of that currency to USD. If they were using the real exchange rate instead of the official one for their calculations, maybe they'd get the same USD/BTC rate as anywhere else.

I do not know who or how the rates are calculated in Venezuela, however, what I know is these types of articles are clickbait. Should we be happy that you can sell your bitcoin for a higher rate in a sanctioned country with hyperinflation?

@1Referee. Agreed. However, there are always some people who never question anything hehehe.
5848  Economy / Gambling discussion / Re: Conor McGregor vs. Donald Cerrone [JAN 2020] Discussion on: December 16, 2019, 02:01:57 AM
He's a joke and his loud mouth has made him into a caricature that everybody wants to see get smoked. That's the legacy he's built for himself, the loudmouth clown the everyone wants to see destroyed.
Why are you hating on him lol? Floyd Mayweather has a loudmouth as well and so does a lot of other boxers. People are jealous of him because he's rich and lives a very fancy life. His mouth was loud when he became the champion and created the greatest moments in history. So what has changed now? He's still talented, loud-mouthed and rich! Don't forget the "talented" part.

That is a common characteristic among casual fans of MMA hehehe. They forget that the loudmouth Conor helped build the UFC to where it is today.

I'm not aware Conor help build the UFC, how?

He wasn't there from the beginning actually, I started watching MMA back 2006 I didn't hear his name. But people will be grateful to his work if what UFC had achieved is because of him. He can't blame people for treating him like a troll though, he can't just get away for all the comments he did all because he helped UFC.

I reckon that you did not understand what I said. You took it literally hehehe.

Conor helped build to where the UFC is today because he helped take it to the next level with his talent as showman and a troll. There was no one else before him in this level. He is the cause of why this sport has many casual fans hehehehehe.
5849  Alternate cryptocurrencies / Altcoin Discussion / [NEWS] 1.1 billion Vechain tokens were stolen on: December 16, 2019, 01:45:25 AM
In any case, what is proof of authority and how does this theft affect Vechain? Do the 1.1 billion tokens held by the hacker make him one of the biggest authorities in the block producing process of the coin?

I am a monkey. Teach me about proof of authority.



December 13, at 8:27 pm Beijing Time, due to human error and the mismanagement of the private key by our staff, the VeChain Foundation buyback address was compromised. After a responsive investigation, the incident was caused by the fact that the private key of buyback address was stolen during the wallet creation process due to the negligence of the staff member.

Read in full https://medium.com/@vechainofficial/vechain-foundation-announcement-8459492ee039
5850  Bitcoin / Press / Re: [2019-12-15] Bitcoin Prices in Venezuela Near $9,500 as BTC Demand Intensifies on: December 16, 2019, 01:22:40 AM
What is even more remarkable is the price people are willing to pay per bitcoin. Given the current global market value of $7,145, one would not necessarily expect there to be a high premium in Venezuela. Things could not be further from the truth, however, as the current premium to be paid on top of the average bitcoin price is very steep.

https://fintoism.com/news/bitcoin-prices-in-venezuela-near-9500-as-btc-demand-intensifies/

I do not agree. The high premium should be expected in a sanctioned country similar to Venezuela or Iran that are suffering from hyperinflation. Also check the exchange rates for the American dollar and euros in those countries and see how they are also given premium rates.

This is not isolated to bitcoin only.
5851  Bitcoin / Press / Re: [2019-12-14] Billionaires Buying Bitcoin: Bill Pulte Announces 11 BTC Purchase on: December 16, 2019, 12:57:33 AM
Clickbait article by the bitcoinist which makes an assumption that the billionaire was buying bitcoin to use for his philantrophic activites.

His tweet said he bought bitcoin. He was only begging for likes similar to any social media user who seeks attention.
5852  Economy / Scam Accusations / Re: [2019-02-06] Locked bitcoins in QuadrigaCX might be another exit scam. on: December 16, 2019, 12:41:14 AM
News update.

QuadrigaCX's affected users will not accept death as Gerald's Cotten escape hehehe. However, it is very suspicious that he died in a place in India where the syndicates there are experts in faking deaths according to some articles.



A letter sent by law firm Miller Thomson to the Royal Canadian Mounted Police (RCMP) asks for the authorities to dig up and examine the body of Gerald Cotten, who reportedly died of complications due to Crohn’s disease at the end of December 2018. Cotten was 30 at the time.

“The purpose of this letter is to request, on behalf of the Affected Users, that the Royal Canadian Mounted Police (the ‘RCMP’), conduct an exhumation and post-mortem autopsy on the body of Gerald Cotten to confirm both its identity and the cause of death given the questionable circumstances surrounding Mr. Cotten’s death and the significant losses of Affected Users,” the letter reads.


Source https://www.coindesk.com/request-for-exhumation-quadrigacx-creditors-ask-for-proof-that-cotten-is-dead
5853  Economy / Gambling discussion / Re: Conor McGregor vs. Donald Cerrone [JAN 2020] Discussion on: December 14, 2019, 03:41:37 AM
He's a joke and his loud mouth has made him into a caricature that everybody wants to see get smoked. That's the legacy he's built for himself, the loudmouth clown the everyone wants to see destroyed.
Why are you hating on him lol? Floyd Mayweather has a loudmouth as well and so does a lot of other boxers. People are jealous of him because he's rich and lives a very fancy life. His mouth was loud when he became the champion and created the greatest moments in history. So what has changed now? He's still talented, loud-mouthed and rich! Don't forget the "talented" part.

That is a common characteristic among casual fans of MMA hehehe. They forget that the loudmouth Conor helped build the UFC to where it is today.
5854  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. on: December 14, 2019, 03:15:03 AM
@Chris!. Open a thread in the services subforum and make an offer. Make the offer payable in Grin for adoption hehehe.
5855  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Grin Observer - GRN/BTC - Price Movement and Discussion on: December 14, 2019, 01:27:52 AM
No one is pinging back? Everyone might be holding their breath and reckons that pinging back might cause a dump hehehe.
5856  Bitcoin / Press / [2019-12-14] NYAG continues pushing for its case against Bitfinex on: December 14, 2019, 01:12:14 AM
News update on Bitfinex's fight versus overreaching state abuse. A win for them on the case would be also a win for the whole cryptospace hehehe.

In any case, I am shaking my head. Who is winning the case? The article appears to say that the NYAG is not going anywhere with this.



The New York Attorney General (NYAG) defends its ongoing investigation against Bitfinex in a Dec. 4 filing to the Supreme Court of the State of New York

The office argues that the state’s Martin Act gives it broad power to investigate potentially securities and commodities fraud before making a decision to file suit, and that Bitfinex’s challenge to this authority misperceives that power it has by law.

Challenges to jurisdiction are rebuffed by NYOAG by reference to evidence before the hearing court of relevant contacts with the state as recently as 2019.

In a blog post on its website, Tether responded to NYOAG's brief, claiming that the state "offers a highly misleading factual presentation" and fails to identify any victims of the exchange.


Read in full https://www.theblockcrypto.com/post/50492/nyag-continues-pushing-for-its-case-against-bitfinex-calling-its-argument-forfeited-and-meritless
5857  Alternate cryptocurrencies / Altcoin Discussion / Re: [2019-12-13] Russia’s Largest Darknet Market Is Hawking an ICO to Fund Expansion on: December 14, 2019, 12:40:20 AM
What's in it for the end users? Are they supposed to be buying drugs with these shittokens? Why not just buy them directly with crypto?

Looks like it's nothing but profit share. So you'd need to trust them to stay open for long enough to earn a return on what you paid out which is a couple of years and for them to continue to pay you out.

I can't see any mention of the tokens themselves having any actual value after buying them.

I reckon profit share is better than most of the useless scam utility tokens on the markets today, assuming this is not an exit scam.

Also, I speculate that it will be issued in a platform where it would be listed easily in its built in exchange like Waves.
5858  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AEON [2019-09-27: Upgrade to version 0.13.0.0 ASAP HF@1146200 Oct 25] on: December 13, 2019, 03:32:49 AM
Everyone reading in the thread should give merit to stoffu hehehe.

In any case, Poloniex is beginning to list new coins again. It might be our only opportunity to relist. smooth, stoffu, bigslimvdub?

https://medium.com/poloniex/how-to-get-an-asset-listed-on-poloniex-bb2fce5194b8?
5859  Economy / Gambling discussion / Re: NBA 2019-2020 betting on: December 13, 2019, 02:25:14 AM
Clippers are giving the fans a surprise. They won 3 games straight on the road hehehe. However, does anyone know if they have beaten the spread versus the Wizards and the Raptors?
5860  Economy / Gambling discussion / Re: 🏈🏈 The Essential NFL Thread 🏈🏈 - new poll every week on: December 13, 2019, 02:09:07 AM
@nutildah. Can you change the poll? I suggest polling the wild cards Steelers versus the Buffalo Bills game hehe.
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