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6821  Economy / Speculation / Re: Bitcoin Price Breakout Scheduled for August, Says Fundstrat’s Tom Lee on: March 28, 2019, 01:38:11 AM
I reckon we need a new bitcoin price prediction expert to laugh on. Someone who is the opposite of Tom Lee hehehe.

Any suggestions? I need a bitcoin bear.
6822  Economy / Gambling discussion / Re: UFC on ESPN 2: Barboza vs Gaethje Prediction and Info Thread on: March 28, 2019, 01:19:16 AM
I have noticed, that it is becoming common to put a women fight on on the main card.
Few years ago women in ufc were something new, now almost every event has 1-2 fights.

Some women fights are more watchable than men fights unsurprisingly if the girls fighting are 2 beautiful women hehehe.

Both are 33 years old and nearing the end of their career. IMO, the best lady out there is Maryna Moroz of Ukraine. She recently lost to Angela Hill in a very keenly contested match (unanimous decision after 3rd round), but her performance was awesome.

33 years old but looking better than most 18 year olds hehehehe. Certainly in this modern time of fast food, tv entertainment and video games.

Also, Conor has announced his retirement from MMA.

Read in full https://www.mmanews.com/conor-mcgregor-announces-his-retirement-from-mma-again/
6823  Bitcoin / Press / Re: [2013-03-23] 95% of Reported Bitcoin Trading Volume Is 'Fake' on: March 28, 2019, 12:50:25 AM
Would you also reckon that it is also possible that many of those exchanges with fake volumes are a part of a global money laundering ring?
It could very well be yeah. Most of the exchanges in crypto are unregulated, and plan to stay unregulated. If your goal was to gain ground as legitimate and compliant exchange, which Coinbase is, you are completely open and willing to go for it.

Some exchanges do ask for KYC verification, but that's just an attempt to shake off unwanted attention from authorities. We don't know what's going on behind the scenes and they still are an unregulated entity.

Binance mildly started to ask for more personal information, but there is a reason they don't want to become regulated, and money laundering might be part of that, or maybe they just want to continue making insane amounts of money as they are doing now.

I might be totally wrong on the money laundering aspect, but I somehow feel there is something shady going on with Binance.

I reckon that a sign that exchanges are being used for money laundering are exchanges that have a lower than average price of bitcoin trading in them similar to BTCe. This might be because they are bitcoin to fiat exit points.
6824  Bitcoin / Press / Re: [2013-03-23] 95% of Reported Bitcoin Trading Volume Is 'Fake' on: March 27, 2019, 02:45:48 AM
@gentlemand. Would you also reckon that it is also possible that many of those exchanges with fake volumes are a part of a global money laundering ring?
6825  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [AEON] Aeon Speculation on: March 27, 2019, 02:29:40 AM
@stoffu. That was honestly my first impression. They potentially left the real argument out to hide the most effective statement in your proposal.

Will Aeon be the first Sha3 cryptocoin if we follow your proposal? I tried searching but I did not find one.
6826  Economy / Gambling discussion / Re: UFC on ESPN 2: Barboza vs Gaethje Prediction and Info Thread on: March 27, 2019, 02:02:15 AM
I have noticed, that it is becoming common to put a women fight on on the main card.
Few years ago women in ufc were something new, now almost every event has 1-2 fights.

Some women fights are more watchable than men fights unsurprisingly if the girls fighting are 2 beautiful women hehehe.



In any case, I reckon Karolina is the real karate hottie, but I predict Michelle Waterson will win this, however. She has improved her clinching where it showed during her fight vs Felice Herrig.
6827  Economy / Gambling discussion / Re: Motosport General discussion tread --- Formula1, MotoGP, WTCC, ETCC, DTM..... on: March 27, 2019, 01:26:19 AM
I reckon the warmer track temperatures of Bahrain might be what Ferrari needs to win the race. Barcelona had warmer temperatures and they did very good in testing before the season started.

In any case, if Ferrari ends behind Redbull again, I reckon that the Honda engine might be more powerful than what was first thought of it.

Hey I feel it’s just not about the tracks it’s about the winning mindset that Ferrari has been lacking since quiet a while now. Also did you hear that Williams have found a major problem with their car, and they won’t be able to fix it anytime soon. It’s also pertinent to note that McLaren has threatened to quit F1, I really doubt they’ll quit as this threat looks more like a negotiation technique to me.

Ferrari has always been in a fightning mindset since Sebastian arrived, however. They almost had a championship season if they did not have team and driver errors on the 2nd half last year.

6828  Bitcoin / Press / Re: [2019-03-16] Andrew Yang is the Bitcoin-Friendly U.S. 2020 Presidential Candidat on: March 27, 2019, 12:41:54 AM
@squatter. He is also Chinese American. I reckon it might take a long time before we see a Chinese American president. I also reckon that we might see America elect a Hispanic president first before an Asian one hehehe.
6829  Bitcoin / Press / Re: [2013-03-23] 95% of Reported Bitcoin Trading Volume Is 'Fake' on: March 27, 2019, 12:07:51 AM
But I'm not sure about that. It's possible that crypto currencies have been traded more aggressively than stocks, and then the volumes on CMC are more or less correct.
Nah. It wouldn't surprise me if the volumes of most altcoins are for 98% fake. Exchanges are incentivized to continue pumping up their volumes because their competitors do that as well.

If one exchange reports $10 million in volume, the other will push it to $12 million, then another one does $15 million, and this continues till these manipulative exchanges implode (which I do hope to see happen sooner rather than later).

The amount of garbage we have to go through here is mind boggling. Instead of seeing markets mature, we're going backwards where people don't even seem to care about it anymore....

How do cryptocoin exchanges with fake volume earn money if they are only wash trading with themselves? Also, why are they doing this?
6830  Alternate cryptocurrencies / Speculation (Altcoins) / Re: China Center for Information and Industry Development altcoin pumps on: March 25, 2019, 03:05:16 AM
It is surprising to know that the rankings came from the government. I do not think it's proper for government to rank  censorship resistance/decentralized blockchain. They will end giving undue advantages to  government friendly centralized blockchains

It is not a part of the Chinese government, I already edited my original post. It is a ranking service run by private consulting firm. However, it does not change that it might be corrupt and that it might be under the influence of certain Chinese billionaires who have invested in some projects in the cryptospace.



CCID Consulting was the first Chinese consulting firm listed in the Growth Enterprise Market (GEM, Chinese: 創業板) of Hong Kong Stock Exchange, and is a direct affiliate to the China Center for Information Industry Development (CCID Group). Headquartered in Beijing, CCID Consulting has branch offices in Shanghai, Guangzhou, Shenzhen, Nanjing, Wuhan and Chengdu, with over 300 professional consultants.

Source https://en.m.wikipedia.org/wiki/CCID_Consulting
6831  Economy / Gambling discussion / Re: Motosport General discussion tread --- Formula1, MotoGP, WTCC, ETCC, DTM..... on: March 25, 2019, 02:41:02 AM
I reckon the warmer track temperatures of Bahrain might be what Ferrari needs to win the race. Barcelona had warmer temperatures and they did very good in testing before the season started.

In any case, if Ferrari ends behind Redbull again, I reckon that the Honda engine might be more powerful than what was first thought of it.
6832  Bitcoin / Press / Re: [2019-03-16] Andrew Yang is the Bitcoin-Friendly U.S. 2020 Presidential Candidat on: March 25, 2019, 02:03:26 AM
Do not trust any politician. Particularly those politicians who have made their way near and around the top. They are the most corrupt and compromised creatures with no sense of real moral values in this world.
6833  Bitcoin / Press / Re: [2013-03-23] 95% of Reported Bitcoin Trading Volume Is 'Fake' on: March 25, 2019, 01:27:45 AM
What if most of the cryptocoin exchanges with fake volumes are a part of a global money laundering network service for billionaires who have something to hide?
6834  Bitcoin / Press / Re: [2019-03-21] Blockchains Have Merit, But Cryptocurrencies Won’t Take Over on: March 25, 2019, 01:11:43 AM
@Carlton Banks. Agreed! It makes you question the system. Reports would say that the global economy is growing, however, the divide between the rich and the poor has never been larger. Especially in 3rd world countries.
6835  Bitcoin / Press / Re: [2019-03-21] Blockchains Have Merit, But Cryptocurrencies Won’t Take Over on: March 24, 2019, 03:36:21 AM
As far as I know the IMF and the World bank have a strict loan structure that only a few countries capable can even lend in them. That is why most under developed countries tend to borrow money from other countries. That is why we are seeing China as the number one suspect for doing "debt traps" in which the Chinese government knows that this under developed countries don't have the ability to pay that their main goal really is for them taking over their assets. So far the countries who fell victim recently are Uganda and Zambia.

However, America also has borrowed money in the trillions from China. Will China also own and takeover America's assets?

I reckon they might have problems collecting for payment hehehe.
Well there has been a lot of rumors surrounding Yuan taking over the USD but the thing is this is a myth at best. The thing is there is still a lot of difference between a developed country borrowing money from China and an underdeveloped county borrowing from them. USA will only borrow money to the point they know that they can payback the amount in the given time, unlike this underdeveloped countries who are willing to risk their own assets just to have some fresh cash in them.

I reckon China would need to be prepared for an attack from the United States military if they were planning something like that hehehe.
6836  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. on: March 24, 2019, 03:18:10 AM
@Febo. However, a faucet might be very helpful for grin's distribution and it would be something to teach everyone how to use the command line wallet. The problem would be how to shut out people from cheating it.
6837  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Grin Observer - GRN/BTC - Price Movement and Discussion on: March 24, 2019, 03:03:04 AM
United States 10-Year Bond Yield is between 1.5-3% in recent years, so when Grin in this range inflation, it is in 34 years and 67 years.
Let’s give Grin 1/3 market cap of Bitcoin, today BTC price is $4000.

Year #   Yearly monetary inflation rate    price $
34          3%                                     8/3=2.67
67          1.5%                                            4/3=1.33

So Grin price is reasonable in $1.33 --- $2.67
(now price is $2.62)


Can you explain this further? Where did you get 8/3 and 4/3? Also, 1/3 marketcap of bitcoin and grin is still in $1.33 - $2.67? I assume you already accounted for the coins mined, however what if bitcoin goes on a new all time high and this pumps grin with miners refusing to sell?

I reckon we might witness grin reach the top 10 and fall back within the top 50 within 10 years.
6838  Alternate cryptocurrencies / Speculation (Altcoins) / Re: China Center for Information and Industry Development altcoin pumps on: March 24, 2019, 02:47:51 AM
@peter0425. Agreed. However, it is not only in China. Greedy speculation occurs around the world with some saying that it is occurring more times in the west in New York or London than in Beijing hehehe.

6839  Alternate cryptocurrencies / Speculation (Altcoins) / Re: China Center for Information and Industry Development altcoin pumps on: March 22, 2019, 02:04:57 AM
@DeepChipolino. Agreed, only if the investor is only looking for something to pump and dump. You should not trust a ratings agency that rates bitcoin below the possibly scam projects such as GXchain or Onthology.
6840  Bitcoin / Press / Re: [2019-03-21] Blockchains Have Merit, But Cryptocurrencies Won’t Take Over on: March 22, 2019, 01:42:02 AM
As far as I know the IMF and the World bank have a strict loan structure that only a few countries capable can even lend in them. That is why most under developed countries tend to borrow money from other countries. That is why we are seeing China as the number one suspect for doing "debt traps" in which the Chinese government knows that this under developed countries don't have the ability to pay that their main goal really is for them taking over their assets. So far the countries who fell victim recently are Uganda and Zambia.

However, America also has borrowed money in the trillions from China. Will China also own and takeover America's assets?

I reckon they might have problems collecting for payment hehehe.
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