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They have no future. Maybe dogecoin can survive because it was the first meme coin and has a very huge active community. The rest of them are just being driven by the hype. Almost 99.99% of the meme coins are just "shitcoins" with no real use cases or ecosystem. They get pumped and dumped. That's it. I mean look at SHIB today. They price went up 90% just because Elon tweeted a photo of his dog Shiba Inu lol.
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While reading at this thread Why do most (if not all) casinos ban users’ accounts if have more than one?. Something came to my head and here it is: We in this forum have seen so many gambling sites launched and many of us have tried those sites. Sometimes, the new gambling site provides a giveaway for new members to test to find out that the site is worth continuing to use and can be a good site for us. The problem is that when we do a test with free money or make a deposit to our account on the site and we can win some money, we become greedy and want to get more money. We can register on the site using our referrals, and we know that many of the gambling sites have affiliate programs. Then, after we register and deposit some money, we can win again and when we win, we want to withdraw the money. Still, it turns out that the site tells us that we are cheating. Still, they haven't or don't tell us where the form of cheating is even though we know that we have registered twice on the site and that site has also informed us that they will not allow anyone to register using the same IP or having multiple accounts and they can check every member to find any form of cheating. What do you think? Is it related to morale, ethics or what is your opinion? They will never tell you how they found out that you were cheating. If they did, those cheaters would find a way (and make it easier) to "cover" themselves even better. If you read their terms and condition, you will know that they have the right to confiscate all your funds if you are found cheating. You have agreed to it. Now you can't argue with them anymore. You might even say that "no I wasn't cheating, that account doesn't belong to me" or whatever. Trust me, if it is a casino with a good reputation, they will never ban you without a solid proof! |
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Not sure if that actually is possible (billions of data. Where are they going to be stored to make it truly decentralized?). And do we really need a decentralized social media network? I am just wondering how fucked up the whole network would be if there was no moderation of the contents being posted or anything. -snip-
Suggestions were been made on operating the social media on a decentralized network on block chain which is said to totally avoid any break in transmission as the Mark Zuckerberg's four most influential social media network
-snip-
Lol, don't (read never) expect Facebook to go "decentralized". Facebook needs your data in order to make billions. Mark would be the last guy to think about making a decentralized social media network. |
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Hello,
I know people here are cautious about sharing analysis. I need help about the price of some coins and I'm thankful if anyone who likes to help, PM me.
Thank you.
Expect to receive PMs from scammers only. They will try to sell you "strategies" that you are looking for. Don't pay them anything or don't join any groups. You will just end up getting scammed. If someone wants to help, tell them to share their strategies over here publicly so that everyone can benefit from it. Best to do your own analysis. Make a list of coins that you think are good and start learning about them. |
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This is bad but gambling is one of those businesses that really don't need to advertise their service or product because they're still going to get more customers no matter what and what they lost in advertising isn't going to be that problematic. Take note that most customers of this kind of businesses that don't need advertising has a rich customer base.
All sorts of advertisement is necessary. Even if you are popular, you need to advertise so that others don't replace you. It will be problematic for them. They will miss the chance of getting potential customers. They have rich customer base, but they need even more! It's going to affect the teams the most. They are going to lose sponsorship. But I honestly don't like those gambling adverts they used to show on the TV. Most of them were "unrealistic" and very literally encouraging everyone to gamble. |
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The risk of money laundering is what makes me cringe at how damaging it can be.
So fiat doesn't cringe you? You do know that people uses fiat currency to launder money. It's the most easiest way right now for people to launder money. Did you know that people even launders money with gift cards? I generally use CEX but it would be an unfortunate situation if someone uses one of these platforms with money to launder it.
You use banks right? Do you know that banks are also used for laundering money? I have not yet discovered cases that have occurred that give me a reference of how these actors can work. In each exchange I am always waiting to know who I am trading my bitcoin with.
If you are worried, then trade with verified users only. P2P trading with verified old users with good number of trades are the safest one for you. |
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Hey, you guys, I plan to invest in the gold project recently, but given the previous experience heard from various quarters, Is it still safe and can anyone recommend it as viable? thanks a lot.
You saying you want to invest in a gold backed crypto currency? I don't think it is a good idea. And I don't think there are any such good project like those right now. I did hear about some gold backed crypto scams. Just curious, how would it work? Value tied to gold? Will you be able to redeem gold with your tokens? Why look for such projects when you have better options such as bitcoin and ethereum? You will be getting better gains investing in those coins. |
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Yep that is true for all coins, not just bitcoin. You don't have to own one whole coin. You can buy fractions of the coin and still make profit. You can make turn the fraction into a whole coin if you keep on investing slowly. Even your fraction of coins can worth thousands of dollars after few years. I mean look at faucets. They used to give less than few cents back then. But now those few cents worth hundreds of dollars.
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Most wallet has some sort of second password or "spending password" that you can set. When you are about to send a coin, you will have to use that password (they can still access your coins if they have access to your recovery phrase or your private keys!). And like the other user said, most of the centralized/custodial wallets (worst choice. never store your coins on a custodial wallet) have 2fa enabled where you receive confirmation codes on your phone (the thing you are looking for). But you can still lose your coins if the wallet provider loses their coins from their hot/cold wallet. You just have to be careful how and where you store your coins. Take proper precautions and your coins will be safe.
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-snip-
As regards our crypto-currency that is affected by "FUD" is there no contribution we can make to settle this?
The only way to stop people falling from FUDs is to spread knowledge among them. In other words, educate them. Don't share those articles that spreads FUDs through clickbait titles. If someone shares one, make sure to provide them with correct information while telling them not to share those contents. Assist people that are for the FUDs. Stop them and make them aware of what's going on. This is the only way to stop FUDs. |
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What is the best strategy to prepare oneself before entering the trading market?
Gain knowledge. Get to know the market. Learn about the risks and be prepared to make losses. See how the market was the past few years. Select a good platform. Learn about the platform. Get used to it. Next start small. See how you are doing. You will make a lots of mistakes. Keep learning from them and avoid them in the future. Once you are ready, go big (or slowly increase the amount of time and funds you are investing). |
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None of them is easier. All of them come with risk. If one was easier than the other, everyone would be doing the "easy" one. You can ride the hype and make some quick profit. But there is also a high chance the hype may die sooner than anticipated or you have joined during the wrong time. You end up losing everything. And another thing, its easy to say "buy the dip, sell when its high". You won't know if have bought during the right dip. You never know if the price will go back up from the dip. The best way (less riskier way) to do is to buy good coins and hold them till you reach your profit goals.
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As far I remember, you could see all your wallets by going to address or somewhere similar (edit: can be found under settings. "Wallet & Address" -> "Imported Bitcoin Addresses").
They are addresses that have been imported using private keys, not addresses generated by the wallet. To see all addresses generated by the wallet, you should go to "Wallet & addresses" and then click on "Manage". Addresses will be displayed if you click on "Reveal addresses". Sorry, I was talking about the very old blockchain.info wallet (back then when you had access to all your private keys). I haven't used blockchain.info for ages, but I remember they moved all my wallet addresses to the "Imported Bitcoin Addresses" section because they introduced the secret recovery phrase to their web wallet (I think. But I am sure they moved it my address to that section. I can still see them over there if I login. Transactions from those old wallets can't be seen on the main page interface). Yesterday, I received a PM from a guy who I know online only & from cryptocurrency community. He shared me that he had 2 BTC in his blockchain wallet which he deposited in
Didn't notice you said you received a pm from a guy you "know online". Might be trying to scam you. Be careful! Next thing he is going to say is that we wants to sell you that account or something. |
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Yobit Scam 99% of their investors today when they realeased the new ICO today it was at least X10 LOST peoples get the ICO at 0.001 BTC and less then 3 seconds the price drop to 0.0001 BTC this ICO made in DEFI market https://yobit.io/en/defi/LIZA2/BTCLol Yobit still exists? Its one of the shittiest exchange that can be found on the internet. Everyone knows its a scam exchange. They list the shittiest of all coins. And why would someone join an ICO now and expect to make some quick profits? ICO hypes are over. People made money and people lost a lot. I won't feel bad for anyone using that exchange. They were just waiting to get scammed. If only they googled "yobit scam"... |
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I haven’t used blockchain wallet ever; I can't remember if I ever had created an account with them.
Yesterday, I received a PM from a guy who I know online only & from cryptocurrency community. He shared me that he had 2 BTC in his blockchain wallet which he deposited in 2017; it was at the beginning when the price was low. Now, when he tried to check the BTC, he didn’t find them in his balance. I asked him to explore the address & he said he has balance with the addresses.
What this can be? Is it a bug?
Please notice that he had few accounts in blockchain. I thought he messed up log in other account but he confirmed me that this is the only account which he used for depositing BTC. He never used other accounts.
He tried to contact with blockchain support but still no good luck.
He is able to login into his account, but he can't see the coins on wallet? Tell him to check all his addresses. As far I remember, you could see all your wallets by going to address or somewhere similar (edit: can be found under settings. "Wallet & Address" -> "Imported Bitcoin Addresses"). He will find list of your addresses, along with address he might have archived. He should be able to see his wallet address. If its the old a legacy wallet he will be able to export his private keys. If he doesn't see any address, then very highly likely he logged into a wrong account. |
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Isn't speculation and volatility a problem for Bitcoin?
Depends on what point of view you are seeing this. If you are seeing bitcoin as an asset, then nope. Speculation and volatility isn't a problem. Invest, hold or take advantage of the volatility and make profit. Now if you are thinking about bitcoin as a regular currency to make day to day transactions, then yes. It is a big problem. Price uncertainty due to high volatility will put off merchants and common people from using bitcoin. Imagine accepting a huge payment in bitcoin and then the price crashed around 5% within few seconds (this is what we have been seeing the last few days). |
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China has been making FUDs forever. Just ignore them. They are just trying to undermine bitcoin and all other decentralized crypto currencies. Let them make their own digital currency and let them use it. It no longer matters what they think about bitcoin. I can assure you, China accepting bitcoin or banning will have no influence on the price of bitcoin. In the long run, BTC will always go higher.
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A number of sports stars were also interested in Crypto lately, such as Tennis Star Naomi Osaka openly interested in Dogecoin. The famous soccer player, Lionel Messi also received a part of his salary in the form of Crypto, namely the PSG Fansclub token. Previously, the NFL star Russel Okung also chose to receive half his salary at Bitcoin.
What do you think ?
We should as what makes Tennis Star Naomi Osaka "openly" interested in Dogecoin... and watch her stutter... I bet she doesn't even know how dogecoin works or what it even is. All she knows is that this coin can be pumped easily. Invest some and let people know that she is interested in that coins so that she can sell when people start doing the same. Even your soccer player is in here for the money. If they are interested, why don't they privately invest instead of letting the world know? Okung did a good thing accepting Bitcoin as a part of his salary. He is the smart one over here. |
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Fake news are everywhere. It's not just about crypto currencies. If someone reads a news and starts believing it without even trying to find out if its true or not, then its the users fault for being extremely gullible and not even trying to verify the facts. Read news from authentic sources. Try to verify the claims. Don't read random clickbait facebook or twitter posts. It's that simple, isn't it?
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AFAIK, Most of the online gambling operator are using blockchain for all the transactions entering on there casino since payment method is in crypto and its all recorded if the dispute is about whether the user indeed deposit/withdraw the exact amount.
You mean "all crypto" casino are operating using blockchain for transactions? I don't think fiat online casinos use any kind of blockchain technology. It's not going to be a big issue for fiat casinos to know if the user indeed deposited/withdrew the exact amount. Just few calculations, bookkeeping and accounting is enough for them. There's a lot of online casino that completely coded on blockchain. The only problem was the slow transaction speed whenever lots of player is playing at the same time. Blockchain is indeed the solution to gambling industry to solve trust issue, the only problem was the blockchain that will give the right TPS to run this tons of transaction for a short period of time.
I have only heard of few casinos. Most of them have centralized tokens system (even though they say they are decentralized, but they control most) that users can use to gamble. They aren't very much popular. |
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