Tuesday, February 8, 2022

Bitcoin and Ethereum Rise Double Digits After Increased Institutional Interest in Cryptocurrencies

Major cryptocurrencies are enjoying a bullish rally since the start of 2022, with both Bitcoin and Ethereum posting double-digit gains over the past week.

Despite falling as low as $33,000 in mid-January, Bitcoin has seen an impressive rally during the first week of February.

The top cryptocurrency is currently trading above $43,000 and has seen a 12% rise in the last seven days, according to data provided by CoinMarketCap .

As the appetite for Bitcoin has renewed, so has investor interest in the second largest cryptocurrency: Ethereum .

The development of Ethereum is also enjoying a healthy rally, posting a 10.3% gain on the week. It is currently trading at just over $3,060, after falling as low as $2,211 on January 24.

Cryptocurrencies in general fell sharply in January alongside traditional markets. Amid news that the Federal Reserve would raise interest rates to fight inflation, equity markets such as the Dow Jones Industrial Average and the Nasdaq also fell by about 1% and 3.3%, respectively.

These figures may seem minor in cryptocurrency terms, but integer percentage losses are nothing to write home about for markets as large as these two.

Institutions turn to Bitcoin and Ethereum

The latest cryptocurrency crash also seems to have been a buying event for various institutions.

MicroStrategy, which has become a proxy investment for Bitcoin, snapped up another 660 Bitcoin for $25 million on February 1. The company's CEO, Michael Saylor, reported that the company now owns a total of 125,051 Bitcoin, which were purchased at an average price of approximately $30,000 each.

Electric vehicle manufacturer Tesla also reported that its Bitcoin holdings reached nearly $2 billion by the end of 2021. Tesla first bought $1.5 billion worth of Bitcoin in February 2021, which now appears to have been a good bet. .

The latest marker of recent institutional interest in cryptocurrencies comes from accounting firm KPMG.

The Canadian branch of the firm announced yesterday that it had added both Bitcoin and Ethereum to its treasury through Gemini Crypto custody services.

A KPMG spokesperson told Bloomberg that "Our investment allows us to share our journey, our experiences, our challenges with [clients and prospects] so that we can help them navigate the world of cryptocurrency."


Bitcoin and Ethereum Rise Double Digits After Increased Institutional Interest in Cryptocurrencies

Major cryptocurrencies are enjoying a bullish rally since the start of 2022, with both Bitcoin and Ethereum posting double-digit gains over the past week.

Despite falling as low as $33,000 in mid-January, Bitcoin has seen an impressive rally during the first week of February.

The top cryptocurrency is currently trading above $43,000 and has seen a 12% rise in the last seven days, according to data provided by CoinMarketCap .

As the appetite for Bitcoin has renewed, so has investor interest in the second largest cryptocurrency: Ethereum .

The development of Ethereum is also enjoying a healthy rally, posting a 10.3% gain on the week. It is currently trading at just over $3,060, after falling as low as $2,211 on January 24.

Cryptocurrencies in general fell sharply in January alongside traditional markets. Amid news that the Federal Reserve would raise interest rates to fight inflation, equity markets such as the Dow Jones Industrial Average and the Nasdaq also fell by about 1% and 3.3%, respectively.

These figures may seem minor in cryptocurrency terms, but integer percentage losses are nothing to write home about for markets as large as these two.

Institutions turn to Bitcoin and Ethereum

The latest cryptocurrency crash also seems to have been a buying event for various institutions.

MicroStrategy, which has become a proxy investment for Bitcoin, snapped up another 660 Bitcoin for $25 million on February 1. The company's CEO, Michael Saylor, reported that the company now owns a total of 125,051 Bitcoin, which were purchased at an average price of approximately $30,000 each.

Electric vehicle manufacturer Tesla also reported that its Bitcoin holdings reached nearly $2 billion by the end of 2021. Tesla first bought $1.5 billion worth of Bitcoin in February 2021, which now appears to have been a good bet. .

The latest marker of recent institutional interest in cryptocurrencies comes from accounting firm KPMG.

The Canadian branch of the firm announced yesterday that it had added both Bitcoin and Ethereum to its treasury through Gemini Crypto custody services.

A KPMG spokesperson told Bloomberg that "Our investment allows us to share our journey, our experiences, our challenges with [clients and prospects] so that we can help them navigate the world of cryptocurrency."


Narrative

Surviving Narrative By Douglas Feeldro

It’s no secret that with the year 2022 in play, what can be called the “info-punk” era is far and well underway.

Buzz word phrasing aside it is a truism found in the ‘everyday’; permeating and saturating every inch of society’s collective truth. Just as visions of digital realms and the oft mentioned ‘information super highway’ radiate from Cyber-Punk SciFi writers like William Gibson, today we live in a dimension controlled by the various media moguls and their mediums which manufacture narrative.

This is no where near as trivial as it is to be stated. Trust, in your future, that the info-punk paradigm composed of narrative and operated through private interest will perpetuate war on our collective psyche. Understand that this is a serious set of circumstances and borderline accusation of malicious intent; though, it is not always clear if Big Brother actually has control of that most coveted of nebula; public opinion and sentiment.

Quickly alluding to the structure of this piece, the intensity in which it began will give way to measured and extrapolative dissection of the conflict we face as well as the solution. It’s found to be beneficial to present the audience with a realistic picture of the issue and it’s severity; both present and future scenarios, once displayed, can be the seeds of action when individual sovereignty and freedom become threatened via manufactured narrative that has become hopped up on intent.

Beginning with the players, focusing first on those who have motive and intent. At the core, and as a general rule, those who actually create the narrative are the puppeteers. These scheming entities know their strings are creating the magic; their narratives ARE the smoke and mirrors for the greatest show (think: distraction) on earth. This may seem common sense or overly straightforward; however, in the info-punk era nothing can be left to assumption as the population’s perspective has been high-jacked. What one may neglect as ‘sure as the sky is blue’ is undoubtedly another’s ‘consciousness expanding catalyst’. Linking all this together, the centralized entities have a routine that consists of distributing their approved “intentions for society” in a way that looks as though it’s organic and objective. This feeling of “real” is the side effect of slight of hand, distraction, and plausible deniability. It’s media magic that has become so refined and perfected that to question the single monopolistic narrative (no matter what it may be) with a healthy counter balance of a position is heresy to the mass believers; conspiracy theorist is the most commonly used jab to discredit a body who decides they might think for themselves.

Some examples and unpacking of this charged topic may fine tune the message: so many choices but let’s use the one perceived to be the next big narrative war; climate change. This is a complex example not just because of how it is used but also how different players with polar opposite intent utilized this existential issue. Starting with the temporal considerations, concerns for the planet came about post WWII. That is to say concern over our impact on the planet became a popular, organic (built without institutional governmental corporate influence) movement; particularly popular and championed by the peace movement or “hippies”. This was basically a natural consensus in the counter culture of the time that our consumptive, wasteful tendencies as America, the global influencers was is and will have negative effects in the long term.
That is literally the whole of intent at the birth of being environmentally conscious; it was just a counter balance position or argument to the idea that we should just dig up every mountain and cut down every tree. Ideally these two opposing ideas join and, through compromise, creates sustainability.

As nice as that may seem to wrap up, it should be painfully obvious that is not our collective reality at this point in the info-punk paradigm. What started as something independent and citizen owned slowly (over decades) began to gain power and force in the political realm. Money started to flow in and be generated through concern for the planet and it is that concern that caught the eyes of politicians.

Think, in the year 2022, “what does climate change mean today?” It is THE existential crisis of all the human race. The fear that is constantly drummed up has no ends; just as the narrative claims of apocalypse will leave none spared. Weather, pollution, raising water, anywhere on the planet you might think is safe, the narrative has a catastrophe waiting. Always lurking. Never insight. Just. Around. The corner. This is not fiction or conspiracy think; the reader knows this to be true if they’ve taken the time to objectively receive the climate narrative. Essentially what has happened is common across the capitalist political landscape; a movement is started amongst the street level citizens and is organically maintained and opportunist-free. This movement grows and grows until it knocks heads with the governing body of the state. Here a few things may happen but in the climate change example it was a hybridizing event. As organizations (with money) began to see the popularity and passion that people had for the planet and its health, they allowed capitalism to monetize that energy and environmental consideration was no longer a movement, but a business.

Details aside, that is the beginning two thirds of the path we find ourselves on. We are about to step into that final third future but how will that look? What will our future and the future of climate change mean for us? Let’s check the narrative.

Saving the planet has become a business and it is the narrative of a defenseless Earth that compels people to fund such entities. Growth will always be consistent with these factors and it wasn’t long until the most masterful narrative manipulator sensed a calling. Consider what the environmental movement deals with; the prevention of negative effects and the conservation of balanced ecosystems. The State, however, reads between the lines. It cherry picks statistics, omits inconvenient data, and ultimately bends what was a reality into their most powerful and pervasive tool; narrative. It’s the existential fear the government is interested in, and on such a large scale as the environment, it encompasses every living human being despite boarders, race or religion. Through what was once genuine concern for consumptive habits and the opposition of the idea to use the entire planet as fuel for production, governments hand in hand across the globe have bastardized the green movement into the most convincing, controlling, individual freedom destroying narrative imaginable.

PART II

People, as a whole, find themselves at a ‘now or never’ moment and many make fatalistic concessions based on manipulated information and increasingly sophisticated narratives. Info-Punk in it’s prime is so effective and complete in 2022 that having personal opinions, based in fact, that are out of resonance with the mandated vibe is hazardous to a person.

BUT TAKE COMFORT

Northcote Parkinson, a British naval historian is quoted as having said the most assuring statement in times darkest before the dawn:

“Perfection is achieved only by institutions on the point of collapse.”

This is the junction at which we wait; many unknowing of what is to come. Much could be theorized and logically plotted to resemble a likely series of events or doomsday countdown but let’s rise above the western tropes of apocalypse and end days. Let’s be complete entities in our knowledge of the cyclical nature of reality; accepting the finality that Perfection equates to Exhaustion and we, the admittedly far from perfect, have the infinite ability to reject that which no longer thrivingly serves our purpose. Understanding and acceptance of the paradigm shift before us is the primary tool to wedge oneself out of stagnation; duped , spirituality and emotionally blind masses will fight to the death to save the static “normalcy” responsible for leaching the citizens life force in all its incarnations. Waking up to this challenge, armed with the knowledge to construct your own personal better days and sovereign narratives is the gift that awaits all who accept the entropy of the timeline we ride.

In our current societal structure we value convenience, and the exportation of responsibility to third-parties we essentially pay to care (or pay to make us care). This continued removal of the self further from its own personal day to day is exacerbated (and arguably caused) by High time preference and Easy Money (or credit/debt). The entirety of the current economic power structure is based upon, reliant to, and ever perpetuating ideas such as “borrow our way out of debt”.
But as we endlessly cover and dissect ‘the fall’, monitor the end of this rigged system, let’s start now what will culminate in secure prosperity via the reclamation of our central place in the lives of ourselves.

This starts with Bitcoin.

Bitcoin interacts with people, subjectively; which is amazing considering it’s human-free autonomous in its code and functionality. That is to say; everyone can use Bitcoin in their own unique way.

Multiple use cases, various levels of asset resemblance, in a sense it’s all of them and none of them; without a traditional legacy front maned by humans, there won’t be conformation on any level of speculation outside what the intentionally simplistic network and protocol carry out.

This is most noticeable after a person becomes familiar holding, moving, and storing bitcoin. And this, most would say, is the ‘high barrier for entry’ that inhibits Bitcoin. I demand that is nonsense and nothing but absolutely lazy lack of situational and temporal awareness. It’s that very absent default demeanor of the entire population that is both created and utilized to effectively ‘craft’ a reality that is suggestively geared in whatever way deemed necessary.

 I understand the helplessness that this situation implies. I trust that you as a reader aren’t willingly complicit in this unending sense of national falling; a never ending stumble. And in an attempt to accept larger forces at work and sneak out a life our own, we’ve worked at conscious ignoring, an oxymoron. I get it; as was my life at its rocky pit, nothing but the falling. 

Bitcoin is the answer for this.

Here’s how to start:

First. And this is extremely important; forget everything you’ve ever read or been told that has been geared toward dissuading one away from Bitcoin. This has nothing to do with competing opinions and everything to do with the prevalence of incorrect and or incomplete information. So in order to see clearly the insurance on one’s future that Bitcoin facilitates, it’s best to clean and prep a base of understanding.

Now; understand that Bitcoin is not actually “digital coins” that if only we could be in the network with digital hands we could grab handfuls of them. Bitcoin as a network (capital B) has the function of keeping track of Wallets and the amount of bitcoin (little b) in each wallet. So it is accurate to say that Bitcoin, the network, is just a big digital score board (or ledger) and the number in each wallet is the wallets assigned value. So when we say a wallet has bitcoin deposited, our mind sees a piggy bank and coinage going in; however, this is an inadequate metaphor for what is actually happening.

There have been many ways devised to describe Bitcoin and it’s hard to say there’s one ultimate unified explanation. A beneficial one, in terms of personal finance, is the idea that the Bitcoin network is actually more like a cyber vault. It protects the wealth you store in this vault. While your wealth is in the vault it’s stored in the form of bitcoin which has unbroken resistance to state level influence.
This threat, perceived or otherwise, is an example of what’s known as ‘3rd party risk’. Any situation where one person must rely on control from an outside,3rd party, is one that carries that particular kind of risk. Bitcoin was struck and put into function soon after the 2008 financial crisis. Consider the amount of 3rd party risk that came to shudder the global financial machinery; unparalleled. For those whose lives are still tender from the global effects of that collapse perhaps the viable alternative that Bitcoin offers, now explained herein, is all the push needed. Explain that Bitcoin is a means to avoid the constant tether of obligated acceptance that rules the globe to those under aforementioned fiat thumb and it’s nothing short of salvation.
Sadly, for the masses who’ve been carefully hypnotized into dreading needed change; “an open mind is a slippery slope; and free speech? Hell, that’s what we call ‘misinformation’!” Sound satirically comical in the recent years past but is closer to verbatim contemporary media sentiment. No matter how biased and clearly spun the media takes their message; there will always be a contingent of believers that hold noting more dear; life included. So how does one engage these resilient obelisks that might happen to be a friend or family member; after all if you’ve studied Bitcoin enough to properly teach it, those you love will be first on the list to Orange Pill (slang for helping a no-coiner come to understand Bitcoin).
This engagement of teacher / student will immediately and noticeably put strain on whatever the previous dynamics of the pair shared. My first piece of advice here is that introduction can take many forms. Don’t expect someone to make a life altering change at your request; by increasing exposure and direct instruction, over time, the necessary trust in an educational setting can properly develop. This may sound emotionally driven or speculative but if there is no assurance that anything but the students best intentions are the foundation of intent; results will be subpar and lackluster. In all fairness subpar and lackluster will probably be the grand majority of experiences for first time Orange Pill administrators; thus a truism is helpful to remember:

Don’t try or gauge success on changing peoples minds; instead see victory in expert presentation of the information.

Often times planting seeds in another’s mind via knowledge transfer is a low-time-preference process. The value of the given knowledge may seem downright trivial right up until it’s the key to adapting to and overcoming problems and challenges one didn’t even know existed.
Maybe you end your talk with your protégé and the blank stare given as a response is unsatisfying; remember that sharing Bitcoin isn’t about you or the student or me or any One person, but about inclusion in the network. The day will come for every no-coiner where they’ve become fed up with any number of mounting inconveniences or service issues in the banking and legacy finance circus and that’s when the Orange Pill will take effect. Connecting the dots between fiat money, the webs and strings that seem to constantly shift, keeping a nebulous aspect as a matter of policy and the alternative option of organized points fixed in a consistent, automated, 3rd party free experience with Bitcoin.

It will finally seem clear. As it has been to the ranks of Pleabs, so to will to no-coiners wane in numbers; shrinking as the tightening screw of the state creates inconvenience strong enough to clear that once high barrier for entry. There will be a spilling over that barrier, someday soon. The insatiable need to harvest passive tributes, or tax, from the people will continue to grab and pull down anyone ignorant to follow the fiat undertow hidden behind the FEDs siren song.

Using a mythical beast as a metaphor for the hybrid entity that is the government, the FED, ECB, and the multitudinous branches and departments that are sworn essential to the life of the global economy, is actually extremely useful in helping offer those who would like to fight back the creeping ooze of individual financial sanctions based on violations of proven wasteful mandate rules. Draining the beast of its fiat life blood is a huge way everyone can vote via wallets towards individual freedom and financial sovereignty. Converting wealth into Bitcoin is both a secure and morally righteous way to interact with the changing time around us.

A world without Bitcoin has very real and near threats such as social credit systems, the same flavor Seen over Seas, use leverage of the state manipulated fait currency and it’s networks various controls to ‘punish’ and ‘reward’ dissident and subservient citizens respectively. Canceled bank cards, frozen accounts, locked apps, increased limits and more robust observation are the tools to manipulate global masses to act, function, and eventually think along the path of history, into the future, as those who centrally plan see fit.

Again let comparison eliminate the doubt in the usefulness or practically beneficial nature of this escape pod known as Bitcoin. State controlled currency’s are preferred by their issuing governments because the power they wield through paper currency stretches and runs and allows them to literally reach into the most important and vital aspect of you and your family’s stability; it’s wealth. Because governments call the shots in terms of supply, issuance, loan and interest rates; and can easily apply policy to nudge society into contact with pre arranged conditions known as policy.

If these realities don’t unsettle even diehard complacency perhaps a simplistic reduction of what should have been a jargon filled warning against centralized economic plumbing:

Unless you have spent time studying monitory theory, any of the many examples presented won’t alert the need for action. However, there’s common ground and a universal understanding in the value and piece of mind that accompanies complete sovereignty of one’s wealth. Bitcoins greatest gift is the freedom from consideration of what the state might decide to do with the time you invested in their paper promises.

They’re constantly looking for a weak point. Defend yourself like you have some self respect and care about your future. Secure your wealth AND leave the crusade to Bitcoin.


Will the Super Bowl impact cryptos this year?

TL;DR: Exchanges are airing superbowl commercials, and it will likely increase crypto investors or at least discussion about cryptos in at least the US

I know I know, the super bowl is an American phenomenon, not global, and obviously cryptos are global, but that being said…

Many crypto exchanges are getting ready to air commercials during what is commonly known as the biggest TV ad night of the year (at least in America, but also still the world).

Super Bowl Sunday, the culmination/championship of the American football NFL season usually attracts around 100 million viewers (projected 117 million this year 1 ). That’s about 1.7% of the worlds population, but it’s also worth noting that this viewership would tend to be more wealthy than the average global person.

This year, many top exchanges are taking to commercials to grab a share of the crypto market. I would argue this, in turn, will likely be a big US event to get many new crypto investors.

The exchanges include big names like Coinbase, Binance, and crypto.com and some of the lesser known (debatable) exchanges like the Canadian Bitbuy (commercial will be in Canadian broadcast) and, notably, FTX 2 .

I say notably for FTX because they also plan to give away a good chunk of Bitcoin. Apparently, they plan to give away the “time” the ad airs in bitcoin to 4 lucky winners, meaning if the ad airs at 9:57, 4 winners will win 9.57 bitcoin. The winners will be selected out of people who retweet a post on twitter between the ad time and midnight 3 .

Regardless of people winning a few hundred thousand US dollars worth of bitcoin for watching a football game, these ads during the Super Bowl might result in a shift in the total amount of crypto users and also a general opinion of cryptos.

“Experts” (whatever that actually means, but still) think that this might have an impact as well, not just me, some random redditor 4 . The arguments isn’t that one commercial will flip a switch for people, because commercials have been airing pretty frequently at least on the channels I have. The argument is that a multitude of commercials showcasing the breadth that has emerged in the crypto community will be an example that cryptos are here to stay. These companies are all doing well enough to afford the super bowl ad space, after all, which averages $6.5 mil for a 30 second spot 5 .

According to a Washington post interview with the CEO of FTX 6 this isn’t just about increasing crypto investors, it’s also targeting regulators.

Obviously one night won’t shift the value of BTC because of some commercials, but it might boost it a little, and I think it will have an impact on the US and maybe global view of cryptos, at least long term. It’s certainly something to be bullish about, even if you don’t care about Football.

1: https://www.google.com/amp/s/www.cnbc.com/amp/2022/02/08/super-bowl-predicted-to-have-the-hugest-audience-yet-predicthq.html

2: https://www.google.com/amp/s/www.thestreet.com/.amp/investing/investing-crypto-goes-mainstream-with-super-bowl-ads

3: https://blockworks.co/ftx-to-give-away-bitcoin-as-part-of-super-bowl-ad-campaign/

4: https://www.google.com/amp/s/finance.yahoo.com/amphtml/video/crypto-super-bowl-ads-likely-185751405.html

5: https://www.google.com/amp/s/www.sportingnews.com/us/amp/nfl/news/super-bowl-commercials-cost-2022/v9ytfqzx74pjrcdvxyhevlzd

6: https://www.washingtonpost.com/technology/2022/02/08/29-year-old-ceo-pushes-crypto-company-during-super-bowl-by-giving-away-millions-bitcoin/


BITCOIN, ETHEREUM, SOLANO, DOGECOIN - Event now active, double your crypto.

https://i.redd.it/dtu6gyq99pg81.png

BITCOIN, ETHEREUM, SOLANO, DOGECOIN - Event now active, double your coins

https://i.redd.it/8f5tn5dcqog81.png

BITCOIN, ETHEREUM, SOLANO, DOGECOIN - Event now active, double your crypto.

https://i.redd.it/vsfu0s3glog81.png

War and Bitcoin

In a time of war since Bitcoin is technically like digital gold would the price increase or stay steady while all other assets plummet being that it’s a deflationary holding asset similar to gold will countries scramble to buy it during a war time event ?


READ THIS IF YOU HAVE EVER WONDERED ABOUT THE LEGITIMACY OF ONLINE POKER

Online poker is currently in a critical state.

At present, many are simply not aware of what is happening.

All over the internet, you will find video after video, post after post, referring to "rigging"...

Whatever your opinion, i ask that you read the rest of this post thoroughly before jumping to any conclusions.

To give you a top down view first of all, of the ROUGH idea, of what i believe to be happening, based on playing more than half a million hands in sit and gos in the past year.

Imagine 4 players, have decided to play in a team and run the risk of being banned (for simplicity, it could be many more in an MTT)

2 from country A

1 from country B

1 from country C

Their strategy is very simple.

The players from country A, play an arbitrary number of hands in the sit and go, before labelling both

country B's player and country C's player as "tight".... Which player B and C, lets call them, have been, as a rule.

Player B and C are playing a pretty solid, ICM+GTO driven strategy, on the WAY tighter side of things however, AS A RULE.

Now here comes the fun part.

Lets imagine you are in this game, and another random player is in the game.

You two are also playing tight, almost identical stats to player B + C

However, for some reason, player A1 and A2, are constantly entering pots with you, almost as if they have a personal issue with you. Well, you check their sharkscopes to see if they're good players and they're exploiting you.

They're not, they're massively losing.

We're in the big blind... Player A1 limps, player A2 limps. Everyone else folds their junk.

We're now in a pot, risking ruin, whether we like it or not.

You miss the flop, Player A1 checks, player A2 bets pot. You obviously fold your big blind, had you called, A1 is just going to jam whenever you're capped. You'd need to be EXTREMELY CERTAIN they're colluding to actually exploit this. As well as that, you'd still have no chance actually winning in the games, unless they let you for some reason, maybe you have some clout in the poker world, for example.

Big blind comes around to player B, same exact scenario, everyone limps.

However, now when you fold. Player A1A2, do not seem to give a rats arse about taking down the pot.

Pot ends up going to player B in the big blind, around half the time.

....

Okay it's going to get a bit more complicated now.

So player A1 and A2... Are tasked with essentially, forcing the non-team-members to risk ruin as much as possible. Whilst refraining from ACTUALLY forcing the team-members to risk ruin, whilst still SEEMING to keep the same limp, stab with some strange frequency, and way too big, style... Just... No one ever seems to make any chips off of anyone, in the long run, barring PURE coolers, which obviously they need to get in, even vs eachother, to avoid being completely obvious.

Player A1 and A2, are replaceable accounts and do not wish to carry much $ in them. The bare minimum will be deposited. FACELESS voucher at a time... No ID necessary in most cases until you CASH OUT... Not in. At least for a while...

So player A1 and A2, are dud accounts basically, which will be banned eventually. They can make as many suspect ICM kamikazes vs you as they like... Nothing will ever change. Even if those players are banned.

Players B + C, stack the money up and make the cash-outs, then paying everyone via bitcoin, or by losing heads up games to them on another site. (go looking for all the heads up players with win-rates far exceeding what seems likely to be possible, all on small-time sites)

Alternatively, player A1 and A2 can be non-duds, and the accounts can they play much higher stakes.

All they then have to do, is keep finding people (lets imagine someone who is in desperate need of money), and offering to pay them, a nice amount of $, in order to create and verify the account for them. Also exchanging details, so that in the event that the account needs to be re-verified, or anything like that. More $ can be offered for this... I don't think you'd be looking for all that long, before you found some people willing to do this.

Once you have all the accounts, you just need to apply simple strategy, and repeat.

Poker sites, simply do not have a defence vs this...

The only defence is to facially scan everyone, every X amount of time, to ensure that they actually are the person. ON TOP OF THIS... They need to do way more work (i think the players should help them in coming up with as many ideas as possible) in actually discerning who is a colluder, and who is not... After all, a very sophisticated team, could do things such as "white list" a random reg player or a few random reg players, and dump just as many wins to them as the rest of the team... This way, there would be no way of telling that the games are actually unbeatable. This would also explain "stream run-good".

Multiple reports, could mean that they need to verify more than usual, perhaps also including answering an actual question, a recording of this answer, would then be sent to a human, who can fully assess for anything overtly suspicious, such as a group of players in the exact same game, being seated in the same room as this player, as an extreme example.

CONCLUSION

It's an extremely likely thing to be happening in my opinion... It's TOO EASY TO DO. The rewards are massive.

The worst part is... POKER SITES ARE SWEEPING THIS UNDER THE RUG.

Which is where all of you come in...

We need to start something today...

If you've ever felt hopeless in a poker session.... JOIN ME TODAY...

No i'm not selling anything. But pleading with you... TO JUST BRING THIS SUBJECT UP... EXPLAIN THIS TO AS MANY PROS AS YOU POSSIBLY CAN... GET THEM TO START ASKING QUESTIONS ABOUT IT..

VISIT THEIR TWITCH STREAMS.

VISIT THEIR BLOGS.

VISIT 2+2

VISIT Cardschat.

VISIT AS MANY AS YOU CAN BE BOTHERED TO VISIT.

AND BRING COLLUSION TO THE FOREFRONT OF THE CONVERSATION.. RATHER THAN ALL THIS RIGGING BS, AND "HOW MANY BUY-INS SHOULD I USE" BS.

THIS IS THE ONLY WAY THIS GAME STAYS ALIVE, IS IF WE GET A SOLUTION TO COLLUSION.

CURRENTLY NOBODY IS EVEN THINKING ABOUT IT. SO I (WE) HAVE MY (OUR) WORK AHEAD OF ME (US).

The poker site i play at has decided to stop responding to me after i have explained this to them.

They literally, DO NOT EVEN HAVE ANYTHING. AS A RESPONSE.

The best they can do, is continue to miss the point.

Telling me that players "live far away from eachother"... You would think that a Poker site of all the groups of people, would be aware of communication technology.

They also try to assert that somehow because players are passing up on certain collusive opportunities, that this is somehow GOOD ENOUGH PROOF, that they are not colluding, enough to drop the investigation...

That, my friends.... Takes the piss. Almost as much as rigging the games would have been in the first place...

Any questions or criticisms, don't hesitate, i'm all ears.

Keep me updated on whether or not any of you are joining this endeavour.