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1321  Economy / Gambling discussion / Re: do you lose on slots? on: July 23, 2023, 08:47:53 PM
Yes, it can be an option for gamblers but we also have to remember that a high enough RTP does not guarantee we can get a win. We might get a big loss because we don't have the luck that comes when we play and this has happened to many people. But they still try another day again, hoping their luck will come that day. And what we have to remember is don't use a lot of money if we don't understand the risks involved in gambling because many have experienced that defeat. We must be responsible for our money so that we are not too disappointed with the results we get from gambling.
RTP doesn't guarantee more profits it guarantees you have higher change for RTP and that should be enough reason to choose higher RTP. There are no guarantees especially with slots, other that you win or lose. But with games of pure luck, you should always get yourself every edge you can, and that would happen with higher RTP. That is if your goal is to make money. Playing some games because they are fun is another viewpoint. With those you are including fun and just spending time to equation. Profits are secondary priority.
1322  Economy / Speculation / Re: The price of a Bitcoin could cost millions of dollars: Standard Chartered on: July 23, 2023, 08:43:53 PM
All I know is that bitcoin is rising above $100000 before the end of 2024, it is good to buy it now. This is not about what people are predicting, it is because of what that has been analyzed and predicted technically and the sentiment people have for bitcoin halving. We are moving closer to bull run. But we should not be deceived as if from now to 2024, there wouldn't be any bear market, but the bull run will surpass the bear market.
Why there though? I wouldn't mind it but 100k seems like an arbitrary number that's not based on anything specific. And shouldn't we look further than during this year? Because if bullrun is coming, bitcoin might as well get very much higher than that during that run in longer timeframe. I am not saying it will go parabolic but ~3x is quite small, even with this marketcap for bitcoin. And it will be interesting to see how much on that leaks to altcoin investments, because it will be unhealthy amount i am sure.
1323  Alternate cryptocurrencies / Altcoin Discussion / Re: what do you think about fantom coin ( FTM). on: July 23, 2023, 08:32:19 PM
What are people's current views on this, is this project dead or does it have a good chance of revival?

Few weeks ago there was a $200M multichain hack and Fantom for one was most most impacted chain. Now i am hearing ideas of getting back to snapshot before the hack. This might render current tokens irrelevant and rug pull every new investor. So i am definitely not buying. And looks like the chart is agreeing with me. Imho it would be maddness to buy now before we know what happens.

I used to think this was something special as certain influencers kept hyping it but i guess it was just for an exit pump and fundamentals were irrelevant to them. This might have been a fatal blow to FTM.
1324  Economy / Gambling / Re: Stake.com - The Leading Crypto Casino - Drake, UFC, Everton, Alfa Romeo F1 Team on: July 23, 2023, 06:03:20 PM
Guys, don't you think that complaining about the bonuses is kinda strange? You were given big bonuses in the past, be grateful for that instead of complaining, that's what I think. Know a better site with higher bonuses - move there.  But you don't know, do you? You remind me of some Americans complaining about bad conditions in their country, like very expensive health care, but would they move to North Korea where health services are offered for free? Smiley

Stake is a great betting platform, with big bonuses or without them.
It's strange but sadly people who like to complain, complain about everything. Especially when it comes to free stuff. It isn't either enough, it was distributed wrongly, it stopped or some people without accounts weren't included into it. Either that or there's a big conspiracy behind it without any evidence. But i don't think that people are really complaining about bonuses, it's just an excuse to complain about change. When people are used to something, some of them are so fixated into that, that any kind of change will break them.

I don't really get the expensive healthcare analogy. Imho it doesn't fit in this.
1325  Economy / Economics / Re: What could Elon Musk be buying next? on: July 22, 2023, 10:31:49 AM
Zuck is also coming up with his own twitter-copy and that's no good for Elon at all.

I think all this panicking over Threads is premature. There's still a ton of things you can do on Twitter that you can't do on Threads. Let's take OAuth for example. Twitter has had oauth since forever it seems, Instagram has no OAuth, so therefore Threads has no "login to any site you want using Threads" feature - and Facebook OAuth does not count because you can make an Instagram account without Facebook.

No DM feature in Threads (what is this some kind of cheap excuse to make us use Instagram more for it's own DM features?)

No hashtags

Threads has no ads yet - but come on do you really expect a Meta platform to have no ads forever?  Grin Roll Eyes

This is starting to look like some minimum viable product that Zuck had rushed out to the market, and it's not going to be a reckoning force anytime soon.
I am not sure who is panicking but Threads 17 days old compared to Twitter that is 17 years old. How could threads even have OAuth right away? Give it some time, If they want to build it they will, Instagram and Facebook already have that.

And yeah, threads doesn't have everything twitter has, like doesn't have hashtags either, but it doesn't have transphobic anti-woke in chief running it cencoring his critincs but leaving all the hate posts against jews and lgtb in. So i call that a win. I really hate that i need to quit twitter with all my accounts and i rather would sell my @nftcollector but that time has past and i need to move on.

I am just hoping he doesn't buy reddit and burn that as well .
1326  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: July 22, 2023, 09:55:47 AM
Ahaha, your "calculated deal" to join NATO was made by your ex-prime minister's rabid cunt, contrary to public opinion, which at that time was against it. That's all there is to know in Finnish democracy. When choosing the lesser evil, remember that you have chosen evil anyway.
-cut-
Level of maturity here hints me i am not talking with an adult so i'll watch closer what i say.
Yeah, we all were against the nato for a while until Putin showed his true skin.

Quote
contrary to public opinion, which at that time was against it
This sentence is contradicting itself. Are you saying that we really didn't want to join nato but publc opinion is that we did?
Yeah, we have few people who didn't want to join and like in democracy no one is shutting their voices down. No one was canceling those tiny protests either. I for one didn't want to join before this. I know one guy who didn't want to join and i totally respect his opinion but majority of finnish people wanted to join as fast as humanly possible. It actually united Finland more then ever.

Funny how little you know about our politics, i mean you live right beside us. Could it in any way be that you have been listening to trolls instead of real news?

And yeah, big win for you that we chose LESSER evil then the dictatorship you are living in. I really do feel sorry for you about that.

Data manipulation and fraud most likely unless the Fins are a lot more suicidal and stupid than I would have thought.  The 'polls' always show what the polling entities are getting paid to show in corrupt scientismistic societies.  The problem became much worse as the WEF 'young global leaders' (or 'young global scapegoats' or 'young global degenerates' or all three) matriculated and were installed into their assigned places as cabinet members and heads of state.
Data manipulation? You know nothing about Yle or finnish politics. Take a look of any list of least corrupt countries.
1327  Economy / Gambling discussion / Re: Do you gamble because you don't have sufficient money? on: July 21, 2023, 11:30:55 PM
I was in argument with someone. His view is that people who gamble are those that what they have is not sufficient for them and so they try to make more money from gambling. He said if you have sufficient money to take care of your needs that you won't think of gambling. He made reference to some rich people, who don't gamble because they have sufficient money to even gift to charity but that those rich who still gamble are only addicted to it not just because of the money. Therefore, that the percentage of the rich gambling is very small compared to those in middle class and lower class.
That's sounds like reasoning of someone who thinks gambling is only for making money and not for fun. Of course he thinks that you don't need to gamble if you already has the money because he thinks it isn't fun. And i wouldn't push him on that. You don't have to enjoy gambling, he is probably better off not to. But he also sounds like that he doesn't easily understanding others points of view as he is inserting his own needs thoughts into them.

So my question is, is the percentage of the rich gambling lower than the middle and lower class?
Sure, but that's because there's lower percentage of the rich people in general than middle and lower class. And gamblers come from all classes.
1328  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: July 21, 2023, 11:20:12 PM
In other words, you yourself admit that democracy cannot defend itself by democratic means. A little earlier, you said that Russia is now in a state of cold war. Well, where does democracy come from in modern Russia if it is not effective in the face of external threats? What I dislike most about people is hypocrisy and double standards.
You do not have democracy in Finland because you have lost your neutrality and have been drawn into the NATO military bloc. You live in a totalitarian state, simply because now you can't do it any other way. So don't tell me about the benefits of democracy, your vote as an elector decides absolutely nothing.
Open your eyes and have the courage to face reality. Democracy is the shit that the aging hegemon in the face of the United States feeds its vassals from a shovel so that they remain weak and can continue to be plundered without hindrance. Russia has challenged the existing world order and its current totalitarian system is not a whim of Putin, but the only viable option to change the world for the better, to make it more fair and honest. You don't like it, but that doesn't stop the truth from being true.
What? That's pretty rich and sad projecting coming from a man living under 24/7 dictatorship and fantasizing about anarchism. It doesn't surprise me that you don't know how democracy or social democracy keep working but i am not going to educate you about that because you can totally use wikipedia for that (if russia haven't blocked it again). I am sure you are been told it doesn't work because if Puting would rather suppress it China way. But i am not sure how that suppressing of opposition would would even differ from any other day under putinist dictatorship. So many people have been falling from russian balconies and windows that you should send those to the battlefield. It's insanely absurd how you in denial you have to be to believe the kremlin propagada anymore.

And yeah we very much made a calculated deal with NATO because we don't want to get invaded by you guys. That was something historical as we always were against joining nato. But now we see that as lesser evil so imagine how much more we disliked actions of Putin. We got bored of your bullying, fifth colonna troll tactics and fly overs.
1329  Alternate cryptocurrencies / Altcoin Discussion / Re: New trend PEPE ? Seems many projects Launching with PEPE Names. on: July 21, 2023, 10:53:20 PM
As far as I know, when many people say Pepe or are talking about Pepe, it will have a slight impact on price increases, but that also has limitations. When you only talk about positive things about Pepe, it will be easy to increase prices, but when Pepe has bad news, the price will quickly collapse. Pepe is one of the altcoins that has quite a high risk when used for investment.
I actually never heard any bad news about pepe, at least not when we are talking about meme token pepe, not the meme pepe itself. So has it had some sort of bad news in the past? Other than price dropping, which shouldn't be the bad news you were talking about as you said that bad news onpepe cause the price drop. Or are you talking generally?

Anyway, i haven't seen any other meme token having such a good pr that it instantly gets listed everywhere. That's why i was thinking that devs of pepe were highly influencal people in real life and well connected.
1330  Alternate cryptocurrencies / Altcoin Discussion / Re: Can NFTs last forever? on: July 21, 2023, 11:22:01 AM
Using the blockchain as cloud storage is not really scalable. NFT protocols don't actually store images directly and instead what you are paying for is proof that you own something that is outside of the blockchain. There's been some instances where people's NFTs disappeared from their wallet because Metamask couldn't connect to a third party API. As long as you are relying on centralized databases then their is no guarantee that your NFT will last forever.

Well technically you can store 8-bit-style low res portraits as a data in blockchain but storing high res images into blokchain is quite pointless.
And blockchains aren't build for that. They are just complex decentralized legders, preferably their L1 should be kept minimalistic as possible.

I believe Ordinals stores the whole content (data) of the NFT on the Bitcoin blockchain.
-cut-

I gave you merit for that information because i didn't have a clue. I guess i now understand better why bitcoiners were so angry that someone was clogging their blockchain. I need to read up more about this to form my own opinion. Thanks.

I agree....there's several Layer 2 solutions with their own layers of tech. I can envision some crazy utility with the nonfungible assets in the near future.

I play a TCG game called "Gods Unchained" that utilizes NFTs.  The cards are NFTs on IMX using the Starkware, Starknet tech.  The game's been thru several transitions since its launch in 2018 as blockchain tech advanced, but our cards (NFTs) have managed to transition well thru the different scaling layers. I have a little experience with NFTs, and I'm optimistic about their future.
These are some exciting times for sure.  
I was part of Gods unchained sale and even got few early bird bonuses for it. While it was highly profitable for me including all the airdrops i got from it, i really hated how the team seemed to be unresponsive and opaque about their issues and actions.

Game was developed so long and gaming experience far from the hearthstone it was fully plagiarized from. Something in my guts told me that they weren't telling everything, there were so many bugs that at one point i just sold everything and left. Their L2 solution was clever but it's nothing compared to matic for example. Their funding method is quite clever as they most likely don't ran out of money as long there are buyers, but how long is there going to be buyers for a game worse then hearthstone?
1331  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: July 21, 2023, 10:01:17 AM
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In Ukraine, which is fighting for the ideals of democracy, now the strongest censorship and military dictatorship. Anyone who disagrees with Zelensky's course immediately goes to jail and is subjected to punitive methods similar to the fascist Gestapo of the era of the Third Reich.
As a Russian i am sure you know all about censorship, dictatorship and corruption. And looking from your perspective, i can totally understand why wouldn't you see democratic working governments other than a big lie, i mean that's all you had in whole history of your country. So why would others have better, right? On top of that your media gets confirming clips from borderline 5th colonna wannabes like Tucker Carlson and from our country equivalents of extreme right-wing putinists who also happens to believe that world is flat.

That's also why you see extremism as only solution for change. How ever you don't seem to have a clue that if your solution an anarchist only resets the system starting from a scratch again. Resulting to the outcome where men with biggest resources and most guns get to build another system with their band of criminals. And result would probably look something you are living under now.

Real working democratic governments come from adults doing the hard work, building a system that protects itself and all citizens of it, while giving voices to everyone. And sometimes those voices can be annoying, disrupting and even weaponized by other countries. But your system needs to be resilient to that. That's why extremists think that their voices aren't heard. Because even if their party gets elected it can't destroy the whole country even if it would have several terms. System and constitutional laws would prevent that.

Country in full scale war however are often under martial law. That's most effective way to keep your country running as democratic laws can take time to take effect and you need to make life changing fast decisions.

I am sorry if you feel that was too dumbed down but i feel like i needed to.
1332  Alternate cryptocurrencies / Altcoin Discussion / Re: Your watch list on: July 21, 2023, 09:23:43 AM
What crypto do you think will be making good profits this year and why? I am watching firo, Aptos, dot closely
Bridges have been a nr1 way for hackers to steal money so why DOT? Firo chart seems like it doesn't want to recover and i am not sure why it would. Aptos is new in imho too high in the coinmarketcap. So maybe you want to elaborate your reasoning.

I have been wiped out so i have to slowly DCA:ing in next months and there are few coins in my watchlist, but i'll tell you most important ones. Most likely most of my gains comes from tokens that don't even know about yet and won't be yet listed when i buy them. Listed tokens that i am looking at are:

UNU SED LEO: Because the tokenomics are the best you could wish. One of the few tokens in where you don't need to care about the marketcap because of tokenomics. It might be that this doesn't take off in my lifetime but eventually it should. And if they retrieve stolen btc it will moon faster and higher then anythng in the history of cryptocurrencies. Techinally there's no limit on the top price.

DUSK: It's L1, Hardest working team of legit geniuses, with most transparency and professionality that i've seen. Working with cutting edge tech and that other projects have been using parts of the code. Doesn't have mainnet and have been developed for 5 years. I am quite scared that i miss this rocket. Because i already got rid of my bag ages ago. It's a privacy coin but not in the same way privacy has been build before this. It's not for evading regulators but to full fill EU GPDR needs and it's fully complying with MICA and other regulations.

Polygon: Reddit is using it and it seems to be the future of NFTs.

ETH: For obvious reasons.
1333  Alternate cryptocurrencies / Altcoin Discussion / Re: Is the upcoming LTC halving a market mirage? on: July 20, 2023, 09:41:33 PM
If the mining supply is reduced, it would make litecoin more valuable because less supply will encourage more demand and the price of litecoin have more tendency to increase.
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That just sets the premise for it to be valuable. It doesn't make it more valuable. And i think he markets have already spoken. It doesn't peak. Maybe it's already priced in and people will start to sell in panic after the halving. I think that litecoin has potential to rise again with the rest of the coins in the bullmarket but i don't see any fundamental reasons for it other then it being POW, old and the fact that it hasn't been shut down.

And at least in the past everyone knew what litecoin was, most likely because there were not that many coins back then. But i doubt that new people even know the history or the fact that the creator dumped everything in the top. That was somehow seen as a good thing by a community. I still can't figure out why. If Vitalik would dump his, his community would turn against him instantly.
1334  Alternate cryptocurrencies / Altcoin Discussion / Re: Is ERGO the spiritual successor to Bitcoin? on: July 20, 2023, 09:32:12 PM
The Ergo project is a cryptocurrency that builds upon the same UTXO model as Bitcoin but extends its functionality with additional features. Ergo allows for more complex programmability by providing access to the entire spending transaction and the block solution in the execution context. This enables the creation of Turing-complete contracts and the implementation of contractual money, where digital coins can be explicitly bound to a contract in the form of executable code.

Proof of Work. No pre-mine. Interoperability with any other chain thanks to Rosenbridge. The founder is one of the founders of CHAINLINK. Charles Hoskinson, Cardano's founder, said that it is the spiritual successor of Bitcoin.

Their community looks like the early Bitcoin cypherpunks community, lot's of innovation, lots of nerds, lots of technical talking.

Currently it has a $70m market cap........... Should I sell part of my BTC BTC for ERG?

Big words for a $70M marketcap coin. I have nothing against Ergo, in fact i sort of like it, but calling it successor to bitcoin is a stretch. There has been several neat non ico try outs and sooner and later they die because devs have lives and actual work to do where they get paid. So development of hobbyist is a little different then paying for 24/7 job to develop.
It isn't in the radar of nearly anyone. Maybe one reason is that it isn't offering any real competition to any other crypto out there.

Charles had a thing for Ergo for a long time now, and i guess he sees something in it that he likes. Maybe it's the fact that it didn't need ICO, which has pros and cons. One of the main pros being that i don't think there's a change that it ever could be a declared as a security.
1335  Alternate cryptocurrencies / Altcoin Discussion / Re: Would You Advise People To Stake? on: July 20, 2023, 09:17:19 PM
I'm a beginner so I put it in the Beginners & Help section.

Coinbase offers "Cosmos" with a yearly annual return of 17.66%.
I did some research on Cosmos and its future looks bright.
On my research, it says to only Stake on huge platforms, such as Coinbase.
I realize the drawback is you freeze your funds for a certain amount of time.
The other drawback is because of Crypto's ups and downs, you might lose money if it goes down. But that's true of any crypto, including BTC.

As far as I can tell, the annual return stays at 17.66% for the duration.
Is there any drawback I'm missing?
Why don't people just buy Cryptos that they can stake?
First of all that's not real staking, exchanges are just calling that staking. Staking is you can do without depositing your coins to any CEX. Real staking is participating to secure the chain and you can do it in your own computer without moving your coins/tokens.

Not all people want to "stake" in exchanges because they don't trust CEXes. There are different methods to stake but in most cases you don't need a lot of know how to do it by yourself. Also some people prefer PoW over PoS so they dislike coins that use staking.
1336  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: July 20, 2023, 09:10:07 PM
It seems like every morning I wake up and read more terrible news about this war. Today it’s Ukraine’s ports being bombed. There are videos surfacing of captured Ukrainian troops saying they were threatened with jail if they didn’t fight. I don’t know how much longer we’re expected to pay for this horrible proxy war, but I for one don’t think Ukrainians should be forced to fight in it or face jail.
Only thing proxy in this war is the fact that Ukraine is now defending the whole Europe.

It sounds like you haven't heard about conscription. And apparently you live in a country that never needed to fight a full scale war just to exist if you don't know how deserters are dealt with.

Do you know what happens to Russian deserters if they get caught by russia? Or historically to deserters of any country that's in full scale war with outsider invader? If you don't know, jail is pretty humane solution.
1337  Economy / Gambling discussion / Re: It's on! 2024 US Presidential Election Biden+Harris Vs Trump Bitcoin betting.... on: July 20, 2023, 08:48:23 PM
Robert F. Kennedy Jr has outlined his plan to create a new public debt issuance that will be backed by bitcoin and precious metals. He also said that bitcoin trading will be exempted from capital tax gains under his administration. This will certainly create big headline news hehe.
It also appears that Bukele will also find a friendly American government towards El Salvador if papa Robert wins hehehehe. The both of them are bitcoiners.
“My plan would be to start very, very small, perhaps 1% of issued T-bills would be backed by hard currency, by gold, silver platinum or bitcoin,” Kennedy said, describing his vision for returning to a hard currency standard in the U.S.
In addition, Kennedy announced his administration “will exempt the conversion of bitcoin to the U.S. dollar from capital gains taxes.”

-cut-
The guy also said that covid 19 was "ethnically targeted" to spare Jews, so i wouldn't take anything he says seriously. Also i find it quite worrying that price of bitcoin should follow who is president and what people are saying. Bitcoin was planned to not give a crap who's president or how the markets are doing. It was planned to live outside of daily politics and to be resiliant currency/store of value that exist despite any government's effort to dismantle it.
1338  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: July 19, 2023, 11:22:56 PM
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Ukraine wouldn't last 1 day if the russians decided to go all out on it.
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Oh i guess all those Russian casualities of that that 3 day war (that's now been over 500 days) were part of this master strategy!
But you really are not coping well with reality. Russia is basically in cold war with the all the civilized countries. You know, countries that have elections.
Maybe they'll see the importance of trade agreements and having good relations after their things start breaking up and they don't get spare parts to fix them.
Now how are they going to manage to dig themselves from that hole? That will be interesting to watch.

I guess now Ukrainians are going to wait until Russians fix the bridge and blow it up again to troll the enemy and show them the futility of their actions.
-cut-
Or russian media tells everyone that bridge is now a Russian submarine just to save face.

Well, as I suggested earlier, Russia has suspended its participation in the grain deal. This will deprive Ukraine of revenues to the budget for the sale of Ukrainian grain in the amount of at least 500 million dollars a month. Tonight, combined missile and drone strikes were carried out on military targets in the ports of Nikolaev and Odessa.
I guess bombing grain facilities in Odessa was your master's big plan to end world hunger?
1339  Economy / Economics / Re: AI, Robotics ETFs Are More Popular Than Crypto in 2023 - Bloomberg on: July 19, 2023, 11:04:47 PM
Does an AI company need to launch a token in order to have an AI product? NO!
Do these hype token issuers first launch the token and then think of the actual product? YES!

So, what's the point of investing in those tokens that just go up and down by the market hype and do not relate to the actual product or company one bit? I see those tokens as nothing more than the usual wave of shitty ICOs when every single thing that made the news suddenly had a token for it, car sharing, home rentals, mining, agriculture, pharmaceutics, every single time we had some tokens for it, and they all went to dust! This will happen to those also!

Do we actually have one, just one real success story?

It's pretty normal for people would invest in robotics and AI, there is an endless market building for those products, and the usage of tokens and altcoins is, let's just say limited if not worse. The crypto market is getting oversaturated, and previous experiences are not really helping at all.
While you are absolutely correct, i found it hilarious that before basically dead coins got insane gains from AI hype.

Latest chatgpt hype brought 1647% growth to Deep Brain Chain. Which i myself see as one of the most overhyped and pointless tokens ever that came from ico frenzy era.

But wait, that's not the craziest part. Before chatgpt AI buzz Deep brain chain raised lot more and peaked with 5170% gains if someone managed to sell that peak. So i totally get why some people invest to dead coins just because of the hype. it can be insanely profitable if you don't hodl for a very long time.

And no this is not a sleek advert for Deep Brain Chain, i want to underline to everyone that i think it's total garbage.
1340  Economy / Gambling discussion / Re: Why is Gamble gain more fans than Bitcoin? on: July 19, 2023, 09:02:00 AM
In the world to day gambling is leading instead of BitcoinBTC (crypto currency) and more are still wanting to join gambling because the minimum age to gamble is 18+ and lot of upcomings are waiting and this is the total amount of gamblers, so let's talk about the crypto currency (Bitcoin) we all know that Bitcoin is a good investment and it has changed a lot in the crypto world but the interesting part is that the numbers of Bitcoin investors can't be compared to gamble and my question is Why? or  is the risk involved in Bitcoin higher than gambling risk?
Just chesk this source
Bitcoin and gambling aren't comparable to anyone who has some knowledge about the subject, but article you were referring to wasn't talking specificly about BTC but about cryptocurrencies in whole, and if you take the everytyhing that falls under that umbrella, it is gambling. Not in a traditional sense, but many people see trading in stock markets as gambling as well.

Then if you add the fact that most of the cryptos are microcaps that die before hitting to any marketcap indexer. Then how else could it be described? Speculative trading/investing is just a fancy term for trying for your luck and using that in this case is quite misleading. If the most likely outcome is that you are going to lose it all, your odds are worse than in gambling.
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