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841  Economy / Exchanges / Re: Bybit expects to exit UK market on: September 24, 2023, 03:09:16 AM
Did their government not declare that they wanted United Kingdom to be a cryptohub for Europe then the rest of the world? What has changed since this announcement? It might have only been larp similar to many things that were said and declared when we were in the bull market hehehe. Reality has presently come in.
842  Alternate cryptocurrencies / Altcoin Discussion / Re: Mark Cuban's Metamask was hacked on: September 24, 2023, 02:48:05 AM
In any case, I am still very skeptical on this hack. Mark Cuban is not a newbie in the cryptospace.
I am also having doubts about the hack. He's a billionaire and he knows his thing. He's not been around to the cryptospace as if he's really a newbie.

No he's not.

But if this case is for real, then this just means that even the most experienced and rich people do really commit a mistake, an expensive mistake to say.

The skeptical me is thinking that Mark Cuban might have wanted to launder the coins in the wallet, however, the wallet is publicly known as his wallet. The only move he can make is have his wallet drained to zero, claim it was hacked and mix those coins where they cannot be detected anymore. He can presently buy new tokens and NFTs without public knowledge. It is also the best time to speculate on some undervalued NFTs again that could be bluechips on the next bull market.
Possible.

Didn't he gave any words about this since he's been in the headlines and news. He probably forgotten that eyes of everyone are all on these famous people like him and their wallets.

He can say any words to declare that he was hacked, however, my skeptical side would not trust it. We are in a bear market where there are undervalued tokens and NFTs. These big names would certainly not want everyone to know where their money is going or anything he buys will pumped and he might not buy at a good price hehehehe.

In any case, what are the other wallets with famous owners. The owners might follow Mark Cuban's tactic and might be hacked also hehehe.
843  Bitcoin / Bitcoin Discussion / Re: Bitcoin miners energy usage has exceeded 50%, where is Elon? on: September 23, 2023, 03:31:58 AM
@Ale88. Did much of the bitcoin community not cheer for cousin Elon when he declared that Tesla was buying bitcoin and also announced that it would accept bitcoin payments? What happened? Do we not like cousin Elon anymore?

Also, if acceptance of bitcoin will not help increase sales and revenues of any retailer then it would not be seriously accepted. It might be larply accepted, however.

844  Economy / Exchanges / Re: *warning* Huobi insolvency rumours on: September 23, 2023, 03:20:59 AM
@Z-tight. On centralized exchanges similar to the size of Binance in the cryptospace, I reckon they are giving a service to onramp and offramp whales in and out of the cryptospace. They have no choice and need to accept the risk. Small minnows however, should be okay with DeFi and small exchanges that do not ask for KYC. It is only a different type of risk.
845  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: September 23, 2023, 02:57:56 AM
Cooper Kupp was certainly not no.1 pick in my draft. I drafred him in the 4th round, I reckon.

In any case, you are right! I will play this and get as much points as this horrible team can get and try to get in the playoffs hehehe.

You cancelled the trade offer, but to be honest I would not have traded the Rams #1 WR for a backup RB. Sure Kupp may come back but it’s not looking good or likely. We’ve not heard any updates about his injury which is really telling.

This games tonight is surprising really interesting, I expected it to be a complete blow out by the niners.

Hehe I know it might be a low chance trade, however, you need a running back and I need a wide receiver while waiting for Kupp. Also, Puka is not your first choice. I only thought it might be a fair trade for you and me.

In any case, if anyone has a tight end or a wide receiver as a fair trade for Tyler Allgeier, reply in this thread or through pm.
846  Bitcoin / Bitcoin Discussion / Re: Bitcoin miners energy usage has exceeded 50%, where is Elon? on: September 23, 2023, 01:17:13 AM
Why would Elon even care?
I love how we have 100 topics about this but nobody actually reads the article, because the title is enough, right?

Quote
The Bitcoin network, with its continually increasing hash rate, has seen a corresponding decrease in its emissions intensity, according to recent reports from Bloomberg. Analyst Jamie Coutts explained that this trend is contrary to most other industries and could potentially trigger the next wave of institutional investment.

So it's an analyst expressing his opinion, there is no real data, just claims based on other people's claims!

Kind of ironic how everyone can get excited about this when just the other week we had this:
A crypto-mining company in Pennsylvania is seeking to burn tires to produce bitcoin, prompting an outcry from residents and environmental groups.

If the so-called Bitcoin mining council would really wanted to prove they used 50% renewable they would have done a simple thing, talk bout this this:
https://www.warren.senate.gov/imo/media/doc/Seven%20Cryptominers%20Responses%20to%20Senator%20Warren.pdf

Stronghold:

Quote
Through the first three quarters of 2021, Scrubgrass emitted 412,445 tons of CO2 and produced
243,068 MWh of power. The final 2021 numbers for Scrubgrass are not yet available. Panther Creek
emitted approximately 203,109 tons of CO2 in 2021 and produced 146,783 MWh of power in 2021. As
discussed above, we are actively pursuing a variety of mechanisms to mitigate our carbon emission output.
Our 2021 emissions data is still preliminary but our final figures will be reported in accordance with
regulatory requirements.

The cumulative estimated metric tons of CO2 produced by the Facilities to supply this power required for Bitcoin operations is 1,284,360.

Greenidge

Quote
In connection with Requests 1 and 2, the Dresden facility is permitted to emit up to
641,878 tons of CO2e on a rolling twelve-month basis.

The others didn't want to mention it are claimed they are just busing energy provided by the grid and!

So, in a letter addressed to a US Senator, not a single member showed any proof of mining directly with renewables, all the renewable energy comes from the grid, so it would be simply stupid at this point to call an industry greener than another when they are consuming the same thing.

Elon is stupid cunt but this greenwashing must also stop!


Hehehe do not be so serious and angry. No one is expecting cousin Elon to change his mind and immediately orders his executives in Tesla to begin accepting bitcoin as payments again. The reason is Elon knows no one would buy a Tesla or any car using their bitcoin unless it was a larpy publicity for bitcoin to hype their investment.
847  Economy / Exchanges / Re: *warning* Huobi insolvency rumours on: September 23, 2023, 12:18:55 AM
If I remember correctly, Bitfinex did something similar. After they were hacked, I reckon they issued tokens for their users to hold until they can pay them in full.
Absolutely. Bitfinex and Tether are the same company. After Bitfinex had its assets seized for fraud and money laundering, Tether printed 700 million USDT out of thin air and handed it to Bitfinex so they could keep operating and not collapse. Imagine being guilty of fraud, printing almost a billion dollars out of nothing to bail yourself out, and yet still people continue to deposit their coins to your platform and continue to buy and hold your centralized stablescamcoin. And don't forget that Tether also admitted multiple times in court that USDT is not fully backed up 1-to-1. It's literally a fractional reserve scam, ran by fraudsters, which prints more out of thin air for their own benefit. Yet people call it "stable". Cheesy

It is head shaking that presently bitcoin maximalists like Samsung Mow and the host of What bitcoin did podcast are in support of Tether. They spread this storyline that people need it, however, we do not need it. I remember before 2017 when all of what was trading in the cryptospace were priced in BTC and only bitcoin was traded in USD. I am not quite certain when Tether began invading the cryptospace markets.

Also, agreed on being a fractional reserve. I have been saying this in the forum on deaf ears in my Tether big short thread. What can be fractionalized will be fractionalized especially if there is not enough regulation. What we presently have is a fractionalized reserve scam, Tether operating on another fractionalized reserve scam, fiat hehehehee.
848  Bitcoin / Legal / Re: Another one bites the dust? Pakistan will ban crypto and never legalize it on: September 22, 2023, 04:27:46 AM
News update.

It appears I was wrong hehehe. The real cause why Pakistan received a surpise bailout from the IMF has been exposed. It is because of the assistance from the Biden administration. But this does not come without a secret agreement with the Americans hehe. Pakistan agreed to secretly help move military equipment to supply Ukraine.



SECRET PAKISTANI ARMS sales to the U.S. helped to facilitate a controversial bailout from the International Monetary Fund earlier this year, according to two sources with knowledge of the arrangement, with confirmation from internal Pakistani and American government documents. The arms sales were made for the purpose of supplying the Ukrainian military — marking Pakistani involvement in a conflict it had faced U.S. pressure to take sides on.

Source https://theintercept.com/2023/09/17/pakistan-ukraine-arms-imf/
849  Bitcoin / Legal / Re: SEC signals appeal to XRP ruling on: September 22, 2023, 03:52:15 AM
A minor news update, however, something we need to know hehe.

It appears the legal bill paid by Ripple has reached $200 million. On those people who considered Ripple a scam and Brad Garlichouse a scammer, I reckon the company and the person has become important figures in the cryptospace because of the legal precedent their case has caused. I reckon no one would have paid $200 million for this.



Ripple won a landmark decision against the Securities and Exchange Commission this summer when a federal judge ruled its sale of XRP tokens did not, in most cases, amount to a securities offering. The ruling was a major victory for both the company and the crypto industry—but it did not come cheap.

I caught up with Ripple CEO Brad Garlinghouse in New York on Wednesday, and he told me the company's legal bills—which he had pegged at over $100 million in July of 2022—have now grown to around double that. The eye-popping figure reflects both the high cost of litigation and the fact the crypto world is in a life-and-death struggle with the SEC, whose chairman has adopted a relentlessly hostile posture towards the industry.

"You have to stand up to a bully," Garlinghouse said on stage at the Mainnet conference prior to our conversation. "[Chair Gary Gensler] is pursuing power, he’s pursuing politics. Not sound policy.”


Source https://finance.yahoo.com/news/ripple-legal-bills-hit-200-134304768.html
850  Bitcoin / Bitcoin Discussion / Bitcoin miners energy usage has exceeded 50%, where is Elon? on: September 22, 2023, 03:23:04 AM
This is only according to an analyst from Bloomberg. However, if this is confirmed real information then the question from the community should be will cousin Elon support his statement and begin accepting bitcoin payments in Tesla again?

Tesla also should start buying again hehehe.



The Bitcoin network, with its continually increasing hash rate, has seen a corresponding decrease in its emissions intensity, according to recent reports from Bloomberg. Analyst Jamie Coutts explained that this trend is contrary to most other industries and could potentially trigger the next wave of institutional investment.

Data cited by Coutts on Monday revealed that the sustainable energy mix for Bitcoin has been steadily rising since 2021 and now exceeds 50%. This increase in sustainable energy use has resulted in a slower growth of emissions relative to the network's expansion. Coutts noted that the evolving relationship between Bitcoin network growth and the global push to transition from fossil fuels could "catalyze a wave of institutional and even sovereign investment capital."


Read in full https://finance.yahoo.com/news/bitcoins-sustainable-energy-mix-surpasses-060305672.html
851  Economy / Exchanges / Re: *warning* Huobi insolvency rumours on: September 22, 2023, 02:42:25 AM
Some countries force platforms to deposit 25% of customer funds in a third-party wallet/fund that users can be compensated from it
So... they have to keep a small fraction of all deposits in reserve? Tongue

It's almost as if all centralized exchanges should have 100% of customer funds in reserve at all times. You deposit, you trade, you withdraw. The only reason an exchange would run a fractional reserve system is if they are helping themselves to your money and spending it without your knowledge.

They can claim and provide records of all assets but unless they are audited by a third party it makes no sense, these assets may not be cryptocurrencies.
Or just do what the likes of Binance and Tether did, and borrow/print a few billion out of thin air the day before the audit to make everything look fine! Not shady at all.

If I remember correctly, Bitfinex did something similar. After they were hacked, I reckon they issued tokens for their users to hold until they can pay them in full.

On the rumor about Huobi, the best advice is to withdraw all of your funds and never trade there again until confirmed safe. However, I speculate that his excellency Justin Sun might survive in the cryptospace longer than CZ, Barry and Brian. It will be him vs. Jesse on 2030.
852  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: September 22, 2023, 02:12:50 AM
Cooper Kupp was certainly not no.1 pick in my draft. I drafted him in the 4th round, I reckon.

In any case, you are right! I will play this and get as much points as this horrible team can get and try to get in the playoffs hehehe.

Post changed. I proposed a trade with someone, however, I changed my mind hehe. My team is okay on some weeks, I only need more points from tightend and defense to have a better chance to win.
853  Economy / Gambling discussion / Re: NFL Sportsbet.io discussion & predications thread rev on: September 21, 2023, 04:00:55 AM
MNF had the Saints winning their match by the same scoreline while the Browns fell to the Steelers.
I was hoping Cleveland would of won that matchup but it was a close one of only 4 points.
The Saints vs. Panthers match made me sweat during the fourth quarter since I had the under 38 as my live bet and it barely hit by a point.  Cheesy



I also thought the Browns should've won their match against the Steelers, but all it took was an unlucky fumble in the fourth quarter and the Steelers defense took that opportunity for a defensive TD.

It was not unlucky, I reckon. I watched the replay and it appeared like Deshaun Watson did not play very well on the 3rd and 4th quarters compared to the 1st half of the game. I do not know the reason, maybe he was tired or maybe he needed more massages in his private room hehehehe. We cannot be certain, however, he might play to his real capabilities this season. Also, the Browns runningback had a knee injury during the game.
854  Alternate cryptocurrencies / Altcoin Discussion / Re: Mark Cuban's Metamask was hacked on: September 21, 2023, 03:36:45 AM
In any case, I am still very skeptical on this hack. Mark Cuban is not a newbie in the cryptospace.
I am also having doubts about the hack. He's a billionaire and he knows his thing. He's not been around to the cryptospace as if he's really a newbie.

No he's not.

But if this case is for real, then this just means that even the most experienced and rich people do really commit a mistake, an expensive mistake to say.

The skeptical me is thinking that Mark Cuban might have wanted to launder the coins in the wallet, however, the wallet is publicly known as his wallet. The only move he can make is have his wallet drained to zero, claim it was hacked and mix those coins where they cannot be detected anymore. He can presently buy new tokens and NFTs without public knowledge. It is also the best time to speculate on some undervalued NFTs again that could be bluechips on the next bull market.
855  Alternate cryptocurrencies / Altcoin Discussion / Re: Balancer frontend is being attacked on: September 21, 2023, 03:13:38 AM
@cryptoaddictchie. On Lazarus of North Korea, I am quite certain anything can be blamed on them by the DOJ or another department to force another executive order very much similar to how the DOJ implied that North Korean hackers were using Tornado Cash to launder their tokens.

I would not be shocked if the official news reported the involvement of Lazarus, however, I would also not be shocked if it was not true hehehe.
856  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: September 21, 2023, 02:48:55 AM
According to the official news, Bears defensive coordinator has resigned because of personal reasons. However, there some sauces from the internet that have said that his house was raided by the FBI because of distribution of child pornography. It was also implied that the owner of the Bears knew about this and helped hide this information.

In any case, I lost week 2 and I certainly will lose week 3. My season will depend on Kupp's hamstring on week 5. If he does not return, my season is finished.
857  Economy / Exchanges / Re: [Updated] FTX on: September 21, 2023, 02:16:22 AM
I speculate during the trial, we will know how deeply involved his parents were in the decision making of Sam as CEO of FTX.
Yep, I am curious about that as well, but I think everyone is aware that his parents were balls deep into FTX and (almost) everything that has happened there.

In other news, Stanford University ((where his parents work as professors)) decided to send back $5.5 million they received from FTX.

Stanford University will be returning "gifts," purportedly worth millions of dollars, it received from FTX, allegedly orchestrated by Sam Bankman-Fried's parents, according to a Bloomberg report.

Joseph Bankman and Barbara Fried are professors at Stanford Law School. On Monday, the FTX Group sued Bankman and Fried for misappropriating millions, including $5.5 million in donations to Stanford University.

“We have been in discussions with attorneys for the FTX debtors to recover these gifts and we will be returning the funds in their entirety,” a Stanford University spokesperson said, according to Bloomberg. “Stanford received gifts from the FTX Foundation and FTX-related companies largely for pandemic-related prevention and research.”

The skeptical people in the cryptospace community speculates, however, much of the people inside and outside of the communith would be shocked if the real story was made into a movie and shown to them.

There was also a meme with the Rock and a girl where it said Sam had sex with Caroline with the lights on! This would be shocking and funny in a movie.
858  Economy / Gambling discussion / Re: Boxing Speculation, Odds and Predictions on: September 20, 2023, 05:09:38 AM

Bivol I do agree that he seems to duck him, he doesn't want to fight him at 175 lbs because he is at a disadvantage basing on the result of the first fight. For Benavidez, Canelo says that he hasn't face anyone yet to be sort of worthy of Canelo's time so he just ignore him for the meantime.

However, it is just ironic though that he doesn't want to fight big fighters are 168 lbs - 175 lbs and yet goes for a super welterweight at best in Jermell Charlo and then have him to 2 weight class to fight him. So yeah, maybe at this point of his career, Canelo is looking for less risk but bigger rewards in terms of paycheck but not legacy.

Possible, as he knows that his time is already nearing to his retirement and to preserve your value in this line of business/sport you need to keep winning, less risk but fruitful money benefits, wise mindset from a fighter who bring lots of sale when making a fight, though not just for him but also for an opponent that he will deal his fight, sure profits just be inside sharing the ring with Canelo.

More on the money side as he already got his name on top, now he's just protecting what he needs to protect to keep his name up
and still gaining that hype in each fight that he may take.


He already knows that money will always follow him because he got his own country who will back him but he needed someone who also got a big name to make the equation more better and fit as that will generate him more profits compared if he will just have any fight against unknown boxers, like John Ryder for example who doesn't really ring a bell to any of our ears. I mean, it's quite obvious already since he's been cracked already and boxers will likely approach him to do the same thing.

You should complete your analysis hehehe. I reckon Canelo wants to fight someone with a big name but also someone who Canelo knows who will not win against him in the ring. If he only wanted the big name who will generate him with much more profits, certainly this name would be Bivol to fight him in his weight division in super middleweight. However, Canelo does not want to risk the championship hehehehe.
859  Bitcoin / Legal / Re: More Regulation Incoming! on: September 20, 2023, 04:43:39 AM
It appears that even if they had judges ruling against their regulatory claims, the SEC has again begun issuing another warning that more charges will be brought to more exchanges and DeFi platforms. I speculate that the SEC is only using their position to collect fines and settlement money from projects that they know will not fight them in court. Uncle Gary knows that the have lost already.



The U.S. Securities and Exchange Commission (SEC) isn’t done chasing down crypto exchanges and decentralized finance (DeFi) projects it sees as violating securities laws in the same vein as Coinbase Inc. (COIN) and Binance, said David Hirsch, head of the agency’s Crypto Assets and Cyber Unit.

Source https://www.coindesk.com/policy/2023/09/19/us-secs-crypto-enforcement-chief-warns-more-charges-coming-to-exchanges-defi/
860  Bitcoin / Bitcoin Discussion / Re: Hong Kong officially launches its first Bitcoin and crypto trading platform on: September 20, 2023, 04:01:38 AM
Vitalik has raised his concerns on the stability Hong Kong's friendliness on the cryptospace which are expected and unsurprising. However, if China really wants to chase their blockchain ambitions, they certainly will have no choice and accept the reality that they will also need Shanghai to welcome the cryptospace. I speculate that this will be the first sign that China's policies towards the cryptospace will be more stable and it will have a lower chance of being anticrypto again.



Hong Kong legislator Johnny Ng has extended an invitation to Buterin to gain a firsthand understanding of the region's regulatory environment and crypto-related strategies after the Ethereum co-founder questioned the city's crypto-friendliness.

Ng asserted that Hong Kong boasts a stable policy framework for cryptocurrencies, emphasizing that its strategies and regulations have garnered broad social consensus and have undergone comprehensive procedures.

Ng further highlighted the city's willingness to develop policies surrounding virtual assets, welcoming global compliance companies to establish their operations in the region.

Buterin had expressed concerns regarding the long-term crypto-friendliness of Hong Kong.

He noted that while the city currently appears crypto-friendly, it is essential for crypto projects to have confidence in the region's ongoing friendliness, considering potential regulatory, political, and other unforeseen events in the future.


Source https://cryptonews.com/news/hong-kong-lawmaker-addresses-vitalik-buterins-concerns-on-citys-crypto-friendliness.htm
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