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21
Gambling discussion / Re: PBA Betting and Discussion Thread
« Last post by bisdak40 on Today at 10:37:30 AM »
Result from last night's game:

1st game:
ROS - 121
TNT - 113

2nd game:
Meralco - 100
NLEX - 81

Lost my bet as ROS defeated TNT in a very close game. Fortunate for ROS that their shot were falling at the dying minutes of the game.

22Wins - 19Losses, my standing thus far.
22
@PMbug

you are more knowledgeable than me in the crypto sphere, well you are more knowledgeable than me in the gold sphere too. Let's say you more knowledgeable than me and leave it at that  :D

I wish you could open a thread about the current "war on crypto" and another one about the danger of CBDC.
I think this forum section is the most suitable for both.
23
Miners' record profits aren't a reason to buy their stocks

Q1 2024 was phenomenal in terms of many publicly traded miners' profitability. Riot Platforms put up a record-high net profit of $211.8 million, with 249% growth compared to the previous quarter.


Image source: tradingview.com

Marathon Digital, which rose to number one in terms of capacity among publicly traded miners last year, was officially included in the S&P SmallCap 600 index yesterday. This index tracks companies with a market capitalisation between $1 billion and $7 billion. Marathon became the first among its peers to receive this honour. Its capitalisation reached $5.5 billion, while net profit in Q1 2024 was around $200 million.


Image source: companiesmarketcap.com

At the same time, the pace of the arms race remains high, and competition is becoming tougher. Riot plans to nearly treble its computing power this year to 31.5 EH/s and to reach 100 EH/s by 2027.


Image source: riotplatforms.com

Firstly, miners' optimism is associated with Bitcoin's movement. Most of them are baking in an increase for BTC's value to $100,000-$150,000 in their forecast calculations for the next two years.


Image source: cryptocurrency exchange StormGain

Secondly, miners are pinning high hopes on the network, seeing the spread of by-products, such as ordinals and runes, whose hype in April led to an explosive increase in commission payments. On the day of halving, the income from filling blocks was over three times higher than the income from mining the currency, setting a new all-time record.


Image source: hashrateindex.com

After the halving, however, the price stalled, and interest in quasi-tokens faded. Network fees have returned to minimum levels, depriving miners of a promising source of income.


Image source: dune.com

Halving deprived miners of half of the income received for mining a block. Since the new reality was too harsh for some miners, some equipment was turned off. The network hashrate decreased from a record-high 691 EH/s to the current level of 582 EH/s.

The reduction in overall computing power will lead to the highest adjustment in difficulty since December 2022, with a decline of approximately 5.2% today.


Image source: btc.com

Q1 2024 was successful for miners primarily due to the emergence of spot ETFs, which caused Bitcoin's price to rise by 66% during the reporting period. However, Q2 may become a trying period due to the significant decline in revenues.

Mining companies are now reporting record profits, and their stocks are soaring on the news. Nevertheless, now is not the best time to invest in the crypto-mining industry.


StormGain Analytical Group (https://stormgain.com/)
(platform for trading, exchanging and storing cryptocurrency)
24
Gambling discussion / Re: [Boxing]: Info and Prediction Thread
« Last post by bisdak40 on Today at 10:27:29 AM »
Kambosos got schooled, he would have lost even if he wasn't TKO'd from the body shots. I don' t know what happened to him during the fight but maybe Lomachenko's constant pressure got to him.

It would be a wide margin decision win for Loma if Kambosos wasn't KOed, that was my expectation. Kambosos was frustrated that he can't hit Loma with his power punch while Loma hit him at will whenever and wherever Loma wants. That was Loma's style, goes to the head first then dig in the body on the championship rounds. That liver shot was not a lucky punch as that was also the punch that KOed Jorge Linares.
25
Bitcoin Mining / Re: Argentina To Mine Bitcoin With Stranded Gas
« Last post by Peter90 on Today at 10:21:03 AM »
As far as I know, that is his nickname, not given to him by the media or by someone who hates him for his ideas. There is no doubt that he has very drastic ideas, but I also personally do not think that he can change his country with them, especially if it is publicly known from which country he is asking for help, and which was the first one he visited after becoming president (US).

Quote from: https://www.msn.com/en-us/news/other/el-loco-won-the-argentina-election-last-month-with-outlandish-ideas-now-he-s-backpedaling/ar-AA1l44Xh
President-elect Javier Milei, known by the nickname “El Loco” since he was a kid, rose from university professor to social-media celebrity, making his mark as an economic libertarian and social libertine.

No Lucius, please no
Msn? really?
Microsoft News?

Why do crypto people choose mainstream?
Do you think the elites love you?


El loco - The madman - is used by his enemies in order to defame him.
Nobody among his supporters call him that demeaning way.
So using that nickname you side with mainstream media - those who defame him.

There you go Lucius
It took me 2 minutes, and no, I won't translate it for you







Quote from: https://www.msn.com/en-us/news/other/el-loco-won-the-argentina-election-last-month-with-outlandish-ideas-now-he-s-backpedaling/ar-AA1l44Xh
President-elect Javier Milei, known by the nickname “El Loco” since he was a kid, rose from university professor to social-media celebrity, making his mark as an economic libertarian and social libertine.

"A social libertine" - "A libertine is a person devoid of most moral principles, a sense of responsibility, or sexual restraints, who sees these traits as unnecessary or undesirable"
Lucius, when you read that expression, didn't come up to you "Well maybe these people aren't 100% objective..."

Crypto people informing themselves about pro-BTC personalities from news organisations - mainstream media - that hate and openly defame them.
And then they wonder why the crypto community has betrayed Bitcoin's ideal






Considering the economic situation in that country, people simply like the change that has taken place, but it remains to be seen what the president will do during his mandate. As far as I know, his party does not have a majority and I don't know if he will be able to implement all the changes he wants, but time will tell if there will be positive changes or not.

Time will tell?
Time doesn't tell anything Lucius, it's us who need to search for infos.
It took me 5 minutes

............................................


That's why Argentinians love him.
Wait for Msn & Facebook to inform you about these achievements.




but I also personally do not think that he can change his country with them

No need to think Lucius, just say goodbye to Msn and Facebook, go to X and do a 5 minutes search.
The Milei administration is fixing the state budget, so Argentina's risk rating is decreasing.
That means their credit rating is increasing - and no, I'm not going to explain the benefits for the country of a credit rating upgrade.









There were some stories that "El Loco" is somewhat pro-BTC, but this is the first time I read that something concrete is happening in that direction

Some stories?
They are not "stories", they are facts. The proposal to de-tax cryptos is not a "story", is a fact.

Milei is the most prominent pro BTC political figure worldwide.
How is it possible that crypto people don't know how pro BTC is the president of a major country?
Oh yes, Msn and Facebook...


It took me 60 seconds
put "Milei" and "Bitcoin" in Seach and scroll down.
Bitcoin Magazine, V. Buterin was one of their founders.


26
Предостережение абсолютно всем, кто собирается пользоваться данной возможностью. Существует ряд проблем с которым Вы (скорее всего) столкнётесь. Будьте предельно осторожны!

Новость: "16 мая Notcoin будет интегрирован в @wallet, позволяя покупку, продажу и обмен токенов NOT на P2P Маркете, а также их использование для переводов в Telegram и оплат в сервисах с Wallet Pay."













P.S. Делайте самостоятельный вывод, моя позиция лишь донести Вам информацию.  ???
27
It is possible that the price of tokens on the BSC network will increase in price for quite a long time, because basically altcoin price movements depend on the project being developed, when the project being developed has high interest then the price will easily increase.
Not everything happens the way we would like it to. Yes, there is undoubtedly a prospect of development and t.c. - but what if Binance is completely shut down tomorrow and CZ is not released from prison + increase the punishment by 5-10 times of the current one? I think it is clear to everyone what will happen to the project and the rate of the Bnb coin itself.

P.S.
Be extremely careful not to keep absolutely all of your savings in just one asset. This is as wrong as possible.  8)
28
Yes you are right but there is a limit for us to take CL actions to reduce losses but this does not apply to people who want to invest in the long term, CL applies only to people who do day trading.

I'm not a pro trader but I often trade on spot trades and only use stop loss on profits, not for cut loss.
DCA through stop loss to exit.
This will enable me to have constant profits and exit all trades in green.
Setting a stop loss in red means we are gambling, instead of buying coins that we know will recover. IMO
29
Вчера слушал подкаст Криптус, так вот у них у одного знакомого недавно одна из CEX залочила 20000$, которые тот поднял на Старкнете. И теперь даже усилиями влиятельных людей не удается эти деньги выковырять. Я так понял со стороны CEX начинается песня - откуда происхождение, давайте документы, а если нет документов, то до свидания.

Ну конечно, это стандартная ситуация уже около 2 лет.

Даже на Бинансе начали "охоту на ведьм" - смотрят историю за условный 2020 год, их системы пишут типа "был подозрительный перевод с серого адреса" - и просто лочат аккаунт до выяснения. И им плевать, что в 2020 году эта система у них не работала, а пользователи спокойно заводили\выводили\торговали.

Короче очень много бреда я насмотрелся, в некоторых людей реально огромные суммы зависли - хотя они не преступники от слова совсем, и не сделали ничего плохого.
30
epidemia, а без этого никак, биржи имеют свой интерес, они могут для акции-пустышки такую красивую обертку сделать, а тут целый Notcoin, хайповая тема. Руководству Notcoin тоже на руку это - повысить охват аудитории, сформировать медийную рекламу. Хочется верить. что они должны оценивать риски относительно цены, ведь от этого будет зависеть и их будущая репутация.
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