Plus the money must come from somewhere. FTX doesn't have the privilege nor the power to print money like the Federal Reserve can to issue bail outs. FTX is playing the role of the Keynesians, but they should be careful. Because not having enough conviction to pump money in the hole will have atrocious consequences.
I doubt they'd get much negative press for pulling out though. It's not their company that went bankrupt, it's another they're trying to patch up. They'll definitely get a "good image" for issuing bail outs, but that's not the point. The point is no entity should issue a bail out if the entity doesn't have enough money, or enough conviction to ensure that the bail out actually works. FTX will only be throwing good money after bad if still Voyager still fails after the "effort" of a failed bail out. |
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Welcome to the campaign guys
Thanks! Signature and avatar updated. |
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Bitcointalk Username: Wind_FURY
Current post count (Including this one): 8440
bech32 BTC Address: bc1qwfral53mehf75lrpkz03j7ass5vr5855suthpq
Merit in the last 120 days: 67
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Round 54 spreadsheet is updated and sent to the owner. You guys should be paid today.
Btw it was very tough to choose only 10 among 29 participants. But I have selected the best 10 from my side. I don't know how you will react to my decision but I think you all will take it easy. It's always my pleasure to work with you. Hopefully, we will work together in near future in this campaign or in other campaigns managed by me. At last, I will ask you guys please don't take the decision personally. What I am doing/did all are by thinking of the project well.
It's OK, and it's not your fault. Don't be concerned with how other people react, or might react. |
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Do we know how much of a proportion they're expecting to be paid or is that figure being kept secret/finalised.
It's probably an advertising ploy of more of a "putting our name in the media", they'll probably have got the people they bailed out investing in them without putting an ad on the liquidity redemption page though too (and extra customers).
Plus the money must come from somewhere. FTX doesn't have the privilege nor the power to print money like the Federal Reserve can to issue bail outs. FTX is playing the role of the Keynesians, but they should be careful. Because not having enough conviction to pump money in the hole will have atrocious consequences. |
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I'm sorry that SOME of those videos were fake, or not the actual protests as the narrative of those tweets, BUT it doesn't mean that some countries around the world are not suffering from high inflation, higher food prices, and higher costs of living. It might be just the beginning of a global instability especially if inflation continues to surge up in many regions.
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Let's not change the discussion from the title into whether BTCD was a good example or not.
That wasn't the point. The point was, in my opinion, reimplementations should be discouraged because of the reasons that I posted in reply to franky1's post. That was only the hypothetical situation. BUT the actual situation is, there's not enough users that matter who run those other implementations/reimplementations, which could also be debated that it can only pull contributors away from Core, and could make Core's developer community smaller, and therefore possibly making its development process more centralized. |
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Please reply/DM me if you are happy to talk about your side of the story, or you know someone who could help offer their experience.
I guess you could always try to talk with Judas Roger Ver, but I think he could be busy dealing with some court cases for dealing with many shitcoins and leverage trading. He is not very much active in forum (his profile is MemoryDealers) but he is well aware of MtGox drama, and he publicly promoted it.... probably lost some money there as well. This video was made several months before the collapse of MtGox: https://www.youtube.com/watch?v=UP1YsMlrfF0Good luck getting Roger to discuss this, but he would be the guy to talk to. He's the reason I left some coins on mtgox as he was certain that everything being said was FUD and appeared to have been in communication with Karpeles. I think this was the beginning of the downfall of Bitcoin Jesus. He likely did get a lot of funds stuck in mtgox and many other people like myself probably feel like he's partially the reason why we're still stuck in this mess. Not to place blame solely on him, but I definitely wasn't going to follow his advice to buy BCH after this took place. Do you actually believe a person like Roger Ver will have his coins stuck in Mt.Gox? He was probably already talking to Mark Karpeles to help him withdraw his coins because he already knew what was going to happen to the exchange, WHILE telling the community that it's safe to hold your coins there. He didn't want everyone to panic to make withdrawal easy for him. Haha. |
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The Covid-19 era saw a lot of persons to an entirely different kind of lifestyle for which, most of the world got used to while others didn't. It made others to look in areas where they saw less value, not excluding gambling. There was a serious need for a get away from the hardship that accompanied the pandemic for most that didn't have essential services to offer and where confined in there homes by government order to feed on there reserves and when it's exhausted, its only natural to look else where.
This ushered in gambling for a means of earning ends means and you can tell it stock for some as a highly addictive field whole others used it for a positive means to survive the season at most but it sure enriched the gaming field with new customers.
I believe most of them who's trying to use gambling as means of earning will definitely NOT sustain doing that for a very long time. It's like those people in the Trading sub, who are very positive that they can make a living using "day-trading". I'm not a person to discourage anyone from trying, but facts are facts, 90% of people don't profit enough to be called successful day-traders. It might be a little more in gambling in games that have house edge. . But we all know that it is base on luck and there will be a time that you might not just experience one lost, but in succession. Although I would admire one man that I know off, who make gambling his bread and butter, have his son graduated in colleges. I'm not saying that the money came from pure gambling. But I know for a fact that he bring food in the table for the money he win. Yeah, or you are very lucky to make six digits because of a winning streak, and with that new capital you can use it for other more stable profit-making activities. I believe it's also the same with trading/investing or starting a business. You definitely will need the luck, not just hard work. Hard work without luck has a higher probability for failure. |
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Now, I'm aware that nothing prevents anyone from attempting an alternative implementation and that someone could conceivably read the source code and proceed from there.
Alternative implementations do exist though. Like BTCD. Shouldn't the reference implementation be one of many?
There should be only one reference implementation but other alternative options for people to run as full node. .. BTCD is not a unique node that allows people an alternative path to make protocol Bips or upgrades features from. read their comment on the link YOU provided Debatable. Because the BTCD developers are outside the political process of the Core developers. It can also be debated that IF BTCD starts gaining a larger following, it can create their own political process and compete with the Core developers. In that hypothetical situation, it's probably A "good" for decentralization, but it's also debatable IF the "other implementation/reimplementation" is "still" the Bitcoin protocol. |
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The Covid-19 era saw a lot of persons to an entirely different kind of lifestyle for which, most of the world got used to while others didn't. It made others to look in areas where they saw less value, not excluding gambling. There was a serious need for a get away from the hardship that accompanied the pandemic for most that didn't have essential services to offer and where confined in there homes by government order to feed on there reserves and when it's exhausted, its only natural to look else where.
This ushered in gambling for a means of earning ends means and you can tell it stock for some as a highly addictive field whole others used it for a positive means to survive the season at most but it sure enriched the gaming field with new customers.
I believe most of them who's trying to use gambling as means of earning will definitely NOT sustain doing that for a very long time. It's like those people in the Trading sub, who are very positive that they can make a living using "day-trading". I'm not a person to discourage anyone from trying, but facts are facts, 90% of people don't profit enough to be called successful day-traders. It might be a little more in gambling in games that have house edge. |
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Or is he really the Private User who merely unprivated his account? Plus I believe another contest can be made behind the voting contest. That is, "leaderboard for the voter who wins most of the voting contests".  The private user he is describing is Winner which is the user that always in private mode since the beginning, His name is just visible on hourly wagering contest list of winner even if he is on private mode. GOD is different user to him and he is just playing few days per week but with huge volume to secure his spot on weekly wagering contest. Blackjack.fun whales has different personality and some of them is very mysterious. Hahaha. Only RW is the known celebrity and he is active too here in the forum by making post in different gambling thread.  Who is he in the forum? I want to learn from him, and also be a Real Winner! His username is Independentgambler ( https://bitcointalk.org/index.php?action=profile;u=903350). He some post here and other gambling thread that he has interest but most of the time he usually come here when the casino is on maintenance. He might read this soon because he is casually browsing the forum when he feels. I mean he never sleep so maybe he keeps watching around here. Who knows? He was very fast in answering/replying to my questions when the third party games were not available a few days ago. He was probably as fast in clicking refresh while waiting for 204-Error to go away, as he is clicking the circle for "Play/Roll". Hahaha. But, unexpectedly, he is not in today's Daily Wager Competition. He is probably not playing today or? Because you're probably right. He might be watching us around here, trolling us and waiting to vote for Private User before non-stop playing for 20 hours and win. |
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I remember Elon Musk complaining about Tesla factories losing money and having difficulties with the production schedule.
Maybe that's why Tesla sold most of it's BTC reserves. Anyway, this isn't such a big deal and we as Bitcoin maximalists shouldn't act butthurt.
Tesla has the right to sell their BTC reserves anytime they want.
OR pay for Elon Musk's "break-up fee" for backing out of his $44,000,000,000 deal with Twitter. What Twitter and Jack Dorsey can do is use that $1,000,000,000 from the break-up fee to buy Bitcoin for their own treasury. Who's butthurt? The Honey Badger don't care. Is that all Tesla sold? It didn't crash the price. We'll see Tesla again when Bitcoin is trading with six digits. . Maybe he will announce it grandiose style or will simply be under the radar but they can't hide it as they have to declare it in papers. Anyhow, I'm also not surprised, he needed money with the Twitter buy out debacle and Tesla itself is loing money in this recession. So refilling his treasury with bitcoin money is a good thing. He, and many CEOs, merely have little, or absolutely NO UNDERSTANDING of what Bitcoin truly is, or its potential. Compare Elon Musk to Michael Saylor, Michael Saylor learned the HARD WAY that he needs the utility that Bitcoin provides. I believe he was in Argentina when a bank didn't allow him to move millions of his own money out of the country. Plus once many more people truly understands that one of Bitcoin's underlying nature also political that weakens strongholds and bounderies, I believe developing/emerging nation-states will also start, or should start, HODLing Bitcoin in their treasuries. |
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It's probably better for PlanB to develop a model on how to beat Black Jack consistently. Hahaha.
I believe there helpful ways that Technical Analysis can be used as a "guide" in investing. BUT, I don't like short term/day-trading kind of Technical Analysis, I like looking at the Pi Cycles, and 200-Week SMA as my guides. 90% of "traders" who try to win vs. each other lose. Some of those who make profit, proft less than long term HODLers.
Ops didn't see this comment yesterday  I always see TA as fun and entertaining, never as a guide and definitely not a rulebook. Just been too long seeing all kinds of TA and if you take it as fun, you enjoy it. Take it anything more serious and you'll end up disappointed. PlanB needs a PlanC lol Many of the other plebs' problem is that they treat Technical Analysis as a Crystal Ball and believe that it's sure to make a profit. They deposit their money, then use 20x leverage. The analysis might be right, but taking 20x leverage will possibly liquidate you in minutes if the market corrects. Or is he really the Private User who merely unprivated his account? Plus I believe another contest can be made behind the voting contest. That is, "leaderboard for the voter who wins most of the voting contests". The private user he is describing is Winner which is the user that always in private mode since the beginning, His name is just visible on hourly wagering contest list of winner even if he is on private mode. GOD is different user to him and he is just playing few days per week but with huge volume to secure his spot on weekly wagering contest. Blackjack.fun whales has different personality and some of them is very mysterious. Hahaha. Only RW is the known celebrity and he is active too here in the forum by making post in different gambling thread. Who is he in the forum? I want to learn from him, and also be a Real Winner! |
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I remember Elon Musk complaining about Tesla factories losing money and having difficulties with the production schedule.
Maybe that's why Tesla sold most of it's BTC reserves. Anyway, this isn't such a big deal and we as Bitcoin maximalists shouldn't act butthurt.
Tesla has the right to sell their BTC reserves anytime they want.
OR pay for Elon Musk's "break-up fee" for backing out of his $44,000,000,000 deal with Twitter. What Twitter and Jack Dorsey can do is use that $1,000,000,000 from the break-up fee to buy Bitcoin for their own treasury. Who's butthurt? The Honey Badger don't care. Is that all Tesla sold? It didn't crash the price. We'll see Tesla again when Bitcoin is trading with six digits. |
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Did Elon Musk sell the Pico Bottom? As illustrated by him, not all geniuses make the right decisions in their lives. But from the pleb's viewpoint, we shouldn't worry. Bitcoin doesn't need Elon Musk, or anyone who doesn't take the time to actually learn and understand Bitcoin.
Plus be prepared, because Elon Musk might join Nassim Taleb and FUD Bitcoin like all of those BSV-Flat-Earthers, OR he might join Vitalik and his new shitcoin after Ethereum completes the move to POS.
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I just don’t know if the upgrade is already finished because some feature is not yet available on the casino.
Daily 5 FS for daily wagering voters is already credited guys!
There's no official announcement here or in the casino announcement page itself so I think the preparation for the v3.0 is still ongoing. They just finish the update that requires cutting off the 3rd party games access for the mean time. I hope they will introduced a giveaway for the celebration of the upgrade for all the user that is active playing in the casino. I lose the daily by betting to Private User Winner as daily winner. I didn’t check carefully who's the top spot when I place my vote. RealWinner was usually the winner of the Daily/Weekly Wager Competitions before the voting contest. Currently there's Private User, and a new player who's named himself "GOD". Haha. Or is he really the Private User who merely unprivated his account? Plus I believe another contest can be made behind the voting contest. That is, "leaderboard for the voter who wins most of the voting contests". |
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OP, please ask them, in general, what's their most probable inclination once they're already holding their coins in their wallets. Are they selling, OR will they simply be HODLing? I believe because they're "Bitcoin OGs", they are probably HODLing?
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Stock 2 Flow Model, if validated or not, is a model based in flawed assumptions. It merely assumes that because supply is limited, that Bitcoin can go up to X price by Y time, without taking account of the elasticity of demand.
Indeed, indeed. I know a lot of people just went crazy for him and now it's so quiet. My idea of models, crypto, fiat, any asset, any TA, they all somehow fail to bake in the effects of external factors and/or black swans. Even the supercomputers fail to predict big market crashes when the signs are always easy to see post crash. Enjoy blackjack pal! It's probably better for PlanB to develop a model on how to beat Black Jack consistently. Hahaha. I believe there helpful ways that Technical Analysis can be used as a "guide" in investing. BUT, I don't like short term/day-trading kind of Technical Analysis, I like looking at the Pi Cycles, and 200-Week SMA as my guides. 90% of "traders" who try to win vs. each other lose. Some of those who make profit, proft less than long term HODLers. I just notice on our announcement channel on the website that they already included what’s upcoming on the v3.0 update and the change of reward distribution of free spin to daily and weekly vote winners. I list below the complete details. V3.0 What to Expect?- Full Profile Page
- Private Message
- Player Voting System
- Screenshot Win & Share
- Community News Feed
Vote on the Winners- Daily Winner Vote = 5 Free Spin
- Weekly Winner Vote = 30 Free Spin
Announcement channel? Is that the chat? I heard the same news from zbnakamoto, and RealWinner in chat. RealWinner was very fast to reply with my questions. I believe he was very bored that he can't play because of those 204-Errors. Haha. Plus after 7 hours, I can't connect to the games sourced from a third party. The developers might still be very busy with coding/applying the update for VERSION 3.0, which might be available after 24 hours? I think he means the announcement spot on the front page of the casino which you can see the current 2 announcement so far for the upgrades. Casino is back to normal now because many players already playing 3rd party games base on the game history. I still don't have update about the withdrawal if it's already instant or still manually processed by the admin but everything is normal now on the technical side including 3rd party games. Yeah, The front page is what I’m describing. I can confirm that everything is normal now including 3rd party games such as live games, slots and plinko. I deposit recently BNB tokens and withdraw after an hour of playing. My withdrawal process instantly without any issue so I can vouch that everything is normal now. I just don’t know if the upgrade is already finished because some feature is not yet available on the casino. Daily 5 FS for daily wagering voters is already credited guys! OK! The same slot machine? |
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Protesting against inflation is like protesting against the weather. It's totally pointless.
Can the protesters force the central banks to stop printing money? Nope.
Can the protesters stop the war in Ukraine and change the hostile relations between Russia and the western world(which leads to high fuel prices)? Nope.
The protesters want government support, which will lead to more government debts and bigger budget deficits(which will make the inflation worse). Some protesters even want fixed prices or controlled prices. Those people don't know how market economy works. Fixed prices will cause big shortages of goods and a possible black market.
The only way to survive the inflation is to make more money and cut all unnecessary costs.
They are protesting NOT against inflation, but its effects. They are protesting because they can't afford to buy food, if there was food left on the shelves. They are protesting because fuel prices are unaffordable, if there are fuel left to buy. They are protesting against a group of non-elected people who are in charge of the monetary system. In what region of the world are you? If you can say that the protests are "pointless", then you are lucky to still have enough food, fuel, and affordable living conditions. Do you actually believe those people will be on the streets if they were living comfortably? |
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