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1621  Alternate cryptocurrencies / Altcoin Discussion / Re: Can NFTs last forever? on: June 08, 2023, 04:34:25 PM
Exactly. That's the real issue here. But there's nothing we can do about it, especially if we want to encourage openess on the Blockchain. Otherwise, we'd be going back to the era of censorship. Given the fact that most Blockchains have scaling issues, all of these worthless ERC-20, BRC-20, and NFTs will ultimately clog the network with high fees and slow confirmation times. The market will ultimately decide the ideal fee rates for the benefit of all. If we feel fees are too high, then we can simply move to another chain or use an off-chain (L2) scaling solution. Hype doesn't last forever, so I'm hopeful this will be all over soon. Smiley
I don't think that hype needs to end, eth just needs to scale more for handling anything people are hyped about. Meanwhile i'll stick to sending eth via L2.

That's completely mind-blowing. I couldn't imagine TBAs taking the NFTs spotlight real soon. It will be up to creators to make something serious that would last a lifetime. Not something out of pure speculation. The vast majority of NFTs are only quick cash grabs, so they will ultimately die in the long run.

I hope that won't be the case with SBTs and TBAs. I'm still trying to understand all of the technical jargon linked to these new kinds of tokens. With all that's been happening behind the scenes, it seems to me that ETH will remain as the #1 platform for NFTs and other kinds of tokens forever. Wink
I really wish i understood more about it. For now i am shilling it because some cool devs i know are constantly telling me how cool it is. There might be hype because of it but i see it similar to erc721, it's not over by a long shot even though it got way more hype so quickly it wasn't going to be sustainable. People were buying anything NFT related and only few seemed to know what they were doing.

I guess i need to take a day to study it as much as i can and hope i understand more of it.
1622  Alternate cryptocurrencies / Altcoin Discussion / Re: In-chain Games on Ethereum: Are They Still Relevant in 2023? on: June 07, 2023, 04:01:49 PM
I'm working on an in-chain game on ethereum, but before I spend more time on it, I would like to get some feedback first, so the game is about creating a town in a country, mining resources, building an army, and invading other towns, creating town shares, collecting taxes, sell it on the marketplace vs ETH, and more.

as a game designer, I can build it myself and I have friends in case I need it backers, in exchange I get loyalty for me and my backers from the marketplace when users exchange resources.
The question I'm asking is, is it worth building?
Do you play a free game on ethereum by paying only transaction fees knowing that you can sell town shares when you reach a certain level?
That's quite a huge blanket that would need to be relevant. Some will stay relevant, some will run out of developer interest or money.
I am guessing godsunchained stay relevant as they keep getting more funding with new card packs. They will get their peaks when they are trending just like pokemon trading cards. At some point everyone is interested, and most of the time it's just die hard fans.

They are however not going to get adopted in similar level that AAA+ games are with their own esports competitions. I wish they would but it would require whole new easier way to use cryptos.
1623  Economy / Economics / Re: To Hodl or Lend: What is your take? on: June 07, 2023, 03:54:55 PM
One of the major reasons why bitcoin Enthusiasts hold bitcoin is in anticipation of a price increase that would increase the value of their asset. However, holding your bitcoin requires a patience mixed with strong will. It is the patience to be patient for a long period of time until the price makes a 10%, 20% and so on increase. Strong will not to use it to solve some immediate problem and risk a reduction in your asset. Consequently, not everyone one can wait that is why some decide to learn bitcoin trading so that they can make some quick profit that would also increase their asset holding. Some other become bitcoin lenders. Yes, they use either a centralized or decentralized platform to lend their bitcoin which would be repaid with interest. What is your honest take on bitcoin lending? Too risky, won't try it? Too risky, will give it a try?
If you are holding your bitcoin in a centralized exchange that offers lending services and you are planning to hold it for a long time no matter how price fluctuates, i can't see any reason not to lend it. But if you are using it as it was meant to use and have self custodity, you might not want to lend it, at least without collateral as that requires ton of trust and you are putting lots of faith to lenders.

I have mad respect for people in the forum lending money for collateral as those act as an alternative for unethical loan sharks and banking services.
1624  Alternate cryptocurrencies / Speculation (Altcoins) / Re: NFT/METAVERSE price movement, prediction and discussion on: June 07, 2023, 03:43:32 PM
Metaverse especially some projects which are also focusing to develop platform that compatible with VR/AR started to gain its traction.

I saw that if some news have been publishing a clue if apple is ready to introduce one of its most awaited product.

https://www.ft.com/content/16587e1e-294a-4cf2-96d5-27a10df50a2e

I hope that if this gonna push metaverse to the another level. i knew that if the devleopment needs more time and it's really worth to wait. I hope that will not become a fail product from this trilliong marketcap company.

Many people are hyped caused by that rumor.
Thing with metaverse is that most people don't understand it. Metaverse doesn't mean it needs AR or VR to work. It needs nothing to do with it. AR or VR can act as a GUI for it but it isn't needed as it can be done without fancy visuals. Most of the data inside doesn't need to be visual tp be useful nor does the economy inside the metaverse.

I feel like we are going another "VR revolution phase" after AR become a thing and this all will look similar to the movie "The Lawnmower Man" in the future. Cringe glimpse of future with high expectations and nothing to do with reality.
1625  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Chinese coins pump coming? on: June 07, 2023, 03:31:50 PM
HongKong lifting Crypto ban should have a good impact on the crypto market, but I never think HongKong having a huge interest on crypto, especially compared to Mainland China or even South East Asia, so there should some impact, but it won't be significant.
I see it being totally opposite. I mean people in mainland in general could have more need for crypto but that doesn't matter as those voices doesn't matter. Only CCP matters in there. Meanwhile one country 2 systems is still somewhat happening and people of hong kong demand new things and freedom and some level of autonomity despite from oppressive government.

Without total rebellion of Hong Kong, they stay under thumb of CCP and  i am guessing this is part of their total surveillance plan.
1626  Alternate cryptocurrencies / Altcoin Discussion / Re: List of altcoins SEC considers securities on: June 07, 2023, 12:03:32 PM
One interesting factor is the strategy SEC are using to label altcoins securities. Instead of going to for altcoins themselves, they are going for the exchanges facilitating trading instead. This effectively means that the altcoins can't defend themselves against the accusation (as this becomes the responsibility of exchanges if they chose it to do so). This is similar to the SEC lawsuit against Kim Kardashian and Floyd Mayweather for shilling Ethereum Max. They never actually filed a lawsuit against the coin, but only the promoters. So it very much seems they are trying to same tactic here again, in order to get certain altcoins classified as securities by courts, without the founders/executives of altcoins being able to defend themselves against it. I realise that XRP is the exception to the rule, as they are defending themselves right now which is probably costing SEC a lot of money, hence they are likely trying to avoid directly creating lawsuits against other coins with lots of funds available.
Well attacking CEXes would be obviously most effective starting point, they would be basically exchanges buying and selling unregistered securites in the eyes of SEC.

And you can't really leave all this (declaring some altcoins are securities) to the shoulders of SEC. Many of these currencies has very questionable marketing tactic to begin with.
In sale phase of a token/coin, marketing itself can define if the token or coin is a security. Which is one of the reason when they are attacking the third parties providing the hype for tokens/coins. And i am guessing that most promoters got free hands on promoting and are promoting those assets illegally, hinting any growth in investment price is enough.
 
I am not sure what kind of place twitter is these days but at some point they needed to add more restrictive rules for promoting things like cryptocurrencies. Which most people didn't seem to follow, but i am guessing that was twitter's way of washing their hands so they won't get sued by allowing this.
1627  Other / Politics & Society / Re: Bitcoin Is Not Male Dominated on: June 07, 2023, 11:24:53 AM
I came across an article few weeks ago that talked about the lack of women in bitcoin. It addressed the issue saying its male dominated.
Its true that women are not much in the bitcoin forum but that's an horrible misconception about the bitcoin forum.No one would suggest that bitcoin is gender-based or male dominated.
Typically,men are more explorative in spirit while women are relatively conscious when it comes to taking big responsibilities in career.
However,women participation in financial technology should receive evaluation,advice and coaching that is thorough and directly suppor-tive.
Bitcoin is free for anyone to adopt yet they still say it's because of the "patriarchy" that there's no females involved in bitcoin.BITCOIN IS
OPEN FOR EVERYONE AND ANYONE TO ADOPT..its not the men's fault that 0.0001% of women are interested in bitcoin.
What are you even talking about? The fact that some field of interest is dominated by men doesn't mean it's mens fault and no-one is even saying that. Quit trying to be victimized.

When majority of the whole cryptocurrency scene, holders, miners, devs, and thought leaders are men, the field is dominated by men. Dominating in a sentence is not a curse word that you should feel shamed about, it's a fact.

Reason why men are dominating the playfield in bitcoin scene, is like you said, women are not that interested in general. That doesn't mean there's not women investing in it or developing it, because there are. And there will most likely be more in the future.
1628  Alternate cryptocurrencies / Altcoin Discussion / Re: List of altcoins SEC considers securities on: June 06, 2023, 02:35:27 PM
Well they have been saying that xrp is a security for 2 years so i am still waiting for conclusion on that. Many of those i have no clue about and i am wondering why some other obvious securities are not in that list. Maybe they are too low marketcap and low visibility. But i have a feeling that this will be even longer process than anyone thinks. I might be an old man before this is settled.
1629  Alternate cryptocurrencies / Altcoin Discussion / Re: Which campaign is better? Bounty campaign or Signature campaign? on: June 06, 2023, 02:28:56 PM
We are a bunch of ambitious folks on a mission to revolutionize the blockchain world. Our goal is to create a decentralized autonomous organization (DAO) that empowers individuals and organizations like never before. Together, we'll shape the future of blockchain technology!

We're planning a series of marketing activities, and we want your input on bounty campaigns and signature campaigns. Which one gets your heart racing? Which of these two campaigns do you think will work like magic for FireDAO within the Bitcointalk community and beyond? We trust your expertise, and we want our marketing efforts to align with your preferences and expectations.
First of all, they are both bounty campaigns. Singature campaign will give you visibility in here. If you do campaigns anywhere else, i want to suggest that don't push people retweeting, or writing their own spammy tweets about it. And spamming in the telegram is a sure way for me not to get interested. Fake onversations that are transparent ads are annoying as well.

You can just use requirements like changing a profile pic and background pic and some link to description etc. Less invasive is more appealing form of advertisement.
1630  Economy / Gambling / Re: THNDR Play Games to Earn Bitcoin on: June 05, 2023, 10:55:19 PM
Actually there are some games that I like but not games like THNDR because I play games for fun not just for profit.

The snake game that is on the nokia cellphone is a legendary game because when I was a child I also found it but I wasn't too interested in playing it because it was a little complicated in my opinion when I was a child who didn't know many things.
I admit that some games that can generate Bitcoin are quite useful and can give you a little advantage over playing games that don't generate anything, but again that everyone's choices are definitely different.
But would you have played snake if it would have long ads that you coudn't skip? Because those bitcoins will need to be paid for something so annoying i would rather just buy bitcoin, And if there's no ads or surveys or pyramid scam, then you are the product that they are selling by collecting every data they can from your device. In fact you can just assume that they are doing both to maximise their profits. So if you aren't dirt poor and want to sell your self for pennies, i would definitely avoid P2E models.
1631  Economy / Gambling discussion / Re: Poker coming to stake.com in the near future ! on: June 05, 2023, 10:41:04 PM
No worries. It's is not about casino game poker.

They are talking player vs player in a real poker format. Hopefully they figuring out something good behind the curtain. Poker has so many nice games, it would be sad to just feature no limit holdem or something.

We would at least need several omaha games such as BigO, 5c Omaha, 6c Omaha and so on. Those are action games where the provider can actually make to most earnings (rake) .

If they add poker then they should do it right. Not some half axxed try to make a decent option for players to play at. This would expand their brand a lot if it's done right. Also there are plenty of sponsorships opportunities for streamers and in live events, Poker still is super popular as a viewing experience as well.
I would be happy with just good old texas hold'em tournaments with big prices. But more the merrier. It's been a long time since i last played and i will definitely join to some matches when this becomes real, but i am wondering if game is at all changed by people using GPT AI. I am starting to think that would make people make safer bets, trusting the probability, but i see it would give people who are irrationally bluffing a huge edge.
1632  Alternate cryptocurrencies / Speculation (Altcoins) / Re: what happened to the market today? on: June 05, 2023, 10:20:19 PM
i was surprised to see the market today, everything fell in a short time, bitcoin fell around $1000 very fast and looking at coinmarketcap, all coins are red.  a few days ago bitcoin rose slowly, but today was very surprising. What happen today? Roll Eyes
Pretty sure it was related to the SEC charges on Binance and their CEO CZ. Find the story below the official sec announcement.

https://twitter.com/SECGov/status/1665779371108335618?t=Obh5reNnCulLWOylFpMjSw&s=19

I think this is a major fud and lack validity on their part. Also quite tokens are mentioned being a security here. I believe Binance will fight back this is a major dragged to all crypto. Market is being pinned down. Gensler should read the comments on his post on twitter.
Correction, Binance US

FUD is a tactic for market manipulation. I don't think that goal of SEC is to manipulate markets. It's another thing if this is nothing burger or not, but if SEC sees coins they have listed as unregistered securities, they have to take action against Binance US.

Coinbase and Kraken will be next. That's not a FUD. They are located in US as well and in the eyes of SEC they are selling unregistered securities. It's really hard to see US exchanges winning SEC on this case, but let's hope for the best as i don't have a clue what the future is if ton of cryptos are suddenly securities.

Edit: i didn't realize that they have sued CZ himself as well. This is interesting.
1633  Other / Politics & Society / Re: Crypto banned from the USA on: June 05, 2023, 10:02:51 PM
I was under the impression that the attack primarily targeted Binance, so discovering an attack on Coinbase as well raises concerns. It is important for the SEC to establish the regulations they deem necessary and refrain from making this situation resemble a witch hunt. Interestingly, some prominent figures in the cryptocurrency industry exhibit a higher level of compliance with the law than certain criminals in undisclosed locations.
This thread was made way before CEX attack on Bincance US that happened just now. I guess this seems like part of the choke point but when you look this from a CEX point of view, In their eyes Binance US was basically unlicensed securities exchange working inside US. So what do you think is going to happen?

I find it more astonishing that people are surprised, or maybe they are just acting surprised. I am guessing that Coinbase gets their charges next. That would bring the market down even more.

1634  Alternate cryptocurrencies / Altcoin Discussion / Re: Can NFTs last forever? on: June 05, 2023, 09:47:01 PM
The concept is cool. But we're yet to see the government becoming part of this trend. So far, the vast majority of NFTs being traded on the market are nothing more than a scam. Nowadays, anyone can make an NFT using a picture/image found on the web. This bloats underlying blockchain networks with many unecessary junk. Things are only getting started, so I have high hopes the NFT industry will improve in the long run.
But same applies to erc20 and bep20 etc tokens as well. It's because the permissionless nature of blockchain, even trolls can fill it with their junk.

May I ask if the ERC-6551 is what Vitalik calls "Soulbound Tokens (SBT)"? These might become the next big thing in crypto land, as Universities/Colleges and other institutions use them for their own benefit. SBTs might prove to have better use cases than NFTs over time. Who knows when the SBT hype will begin? Smiley
It's inspired by SBT but it's a new concept. Like SBTs but trasferrable and more.

Currently erc-721 NFTs are bound to wallets, just like cryptos are in general. You can think ERC-6551 other way around, wallets bound to NFTs. "Those are called Token Bound Accounts" (TBAs).
From what i understand, for example when you normally link wallets to sites, this could make it it possible to link your nfts. As those become smart contracts themselves.

This post explains it way better than i could:

https://blog.alphapanda.one/token-bound-accounts-erc-6551-the-future-of-nft-wallets/

I am still wrapping my mind around it. It took a while for me to even get erc721 when they came, so i guess i need to see this in action before i truly get the possibilities.
1635  Alternate cryptocurrencies / Altcoin Discussion / Re: Will China takeover as the leader in blockchain and start the new bull market? on: June 05, 2023, 09:23:14 PM
Many similar questions are being asked about China after rumors of a blockchain is being backed by Beijing. There are some people who say that it is Conflux, however, there is a blockchain developed by Beijing academy of blockchain called Chain Maker, where government controlled businesses like Tencent and China Construction are also supporting the project.

NFTs are also being supported by the government in Shanghai through approvals of the creation of NFT trading platforms.

However, everything begins in Hong Kong, where their government has allowed all users to buy and sell crypto. If mainland China follows, it might bring the cryptospace back to the bull markets that are more similar to 2017. The pumps during those bull market years with China were bigger and higher.

Another argument on why China might become the leader in the cryptospace is because the American government has been imposing regulations without clarity that causes many developers confused and leave or stop working for projects based in America.
Bull market can get triggered by a rumor but i can't understand why people tend to see china as a huge player in it. Sure they have lots of people but it's notoriously authoritarian regime. They allow it as long it doesn't start to be a shadow banking system, and also people are afraid how west wants to end privacy and regulate cryptos, you might want to take a look what china has done to privacy. Mass surveillance next level and make snowden leaks look like kids stuff.

So if you people think that china of all places would allow it cryptos and their permissionless ideology, you have maybe take 2 steps back and see what they are doing
China is not even trying to hide their surveillance, because they know no one can do anything about it. Ccp doesn't ask for public approval or permissions.

I understand that trading allowed in china is good for volume and liquidity but that's all i can see it affecting. And remember that they are allowing trading of few cryptocurrencies in controlled cexes, so i don't see this as bullish for permissionless ideology of cryptos.
1636  Economy / Gambling / Re: 🎲BetFury.io|🎉BetFury Affiliate Program is live| 💸Earn with RevShare up to 60% on: June 04, 2023, 10:45:22 PM

Using different wallet for gambling and savings is indeed good but it doesn’t increase the security of your account you are just using different wallet. It only minimize your losses when your account was hack.

I think 2FA and SMS verification are already enough safety precautions for securing casino account. We usually don’t leave balance on our casino account so I don’t see this security concerns as major concern. I’m gambling since 2016 via online casino and I didn’t experience even a single case that my is hacked. I don’t use any extra security aside from my password on my account.

Our casino account will be safe if you don’t login from links provided by other user. Always bookmark the official website and you will be safe even without this extra security.
I do the same as you and keep my balances small on casino sites but there are a lot of members with high balances on there (over 1000$ and a lot more). I do 2FA for every casino as we have had multiple cases on this forum where accounts got hacked so I would be carefull. It is not because it hasn’t happened to you, that it can’t happen so I would always add 2FA to my accounts.
I am even more paranoid and keep my google 2fa auth phone as a seperate phone that i only use for that. Even though i don't keep over $1000 resting in casinos, not because i am worried of being hacked but because i am worried i might gamble everything.

But i agree with you, especially if someone is bragging how rich they are, they might get targeted. I remember some twitter influencer laughing how stupid people are getting hacked and how he has no sympathy for them. It took few days and i guess he provoked someone to hack all his accounts almost simultaneously.

So even though i feel like i am being secure, i am afraid that i have made a mistake at some point. But then again i am not rich enough that anyone would be even interested.
1637  Alternate cryptocurrencies / Altcoin Discussion / Re: How to Know the Next PEPE on: June 04, 2023, 10:29:32 PM
In 2021 i wrote an article on medium and created a YT tutorial on how to spot a memecoin project that will become something.
From that teaching, here are the two key factors to look out for.

1. Community:

 It is community that gives speculative value to memecoin. So, the bigger and the cult-like a community is the better. It shows alot of the community will buy and create hype for the project.
Cult like community doesn't happen at the start when you should invest in it. It comes after there are enough bag holders.

2. Strategic Partnerships:

How is associated with the memecoin? If it's a notable influencer like Elon Musk, it'll moon.
Therefore in researching the next memecoin project to degen in, these factors should be your priority.
What other factors do you think influence memecoin projects?
Did Elon tweet about pepe when it was worth buying? No. Did he tweet about dogecoin at the start? No.
Pepe coin had anon team, and it didn't have partners that i know of. Obviously it had some heavy hitters on the team who could affect right influencers and whales but that's it. You couldn't have known it was going to be a hit, because you didn't know what happens behind the closed doors.

I am not saying those are not good tips, they aren't just relevant for finding moonrocket tokens like PEPE.
1638  Economy / Economics / Re: Why do people stay poor? on: June 04, 2023, 10:13:44 PM
I have always wanted to ask this question is it that there is no opportunity or they do not want to get rich
Mate please more to this I am confused here.
Financial background, connections, health issues and where you live can be restrictions. Some people just don't have opportunity and there can be as many reasons as there are people. Or even if they would have they might not notice it because lack of resources and education. There is no one main reason.

But we can't all be rich either. It's basically a zero sum game. If everyone was "rich" in fiat money, money wouldn't have no value no more. Workers and things you want and need would cost so much more that your money wouldn't cut it.

Game is pretty much rigged from the start.
1639  Economy / Gambling / Re: is KYC data on Gambling sites safe? on: June 04, 2023, 09:58:39 PM
But with KYC, there are still people laundering money.
But with KYC, there are still online criminals.
But generally speaking, KYC should be avoided if possible. KYC is dangerous for bitcoin and crypto users.
That's like saying with laws and police there are still crimes. Or with doctors there are still diseases. You can't remove money laundering completely, FATFs goal is to make it more difficult.

By all means you should avoid kyc if you can, but if you are dealing with fiat money or stablecoins, at some point it's most likely going to be mandatory. And by the look of things, it's going to be eventually mandatory for bitcoin as well as it's now taken more seriously by officials.
1640  Economy / Gambling / Re: Introducing PokerWorld365: The Next Generation of Poker on: June 04, 2023, 09:42:59 PM
Although signature campaign is good for promotion in this forum, but I curious do there's a lot users are playing poker?

I think not many users have a good skill in poker and they're not interested too, so I doubt if the impact will be huge for them. Only SWC poker and Betnomi are quite popular, but it's not really popular like gambling site focus in slots.
So I'd suggest @OP to add slots or sports.
Most people that i know who came to trade cryptocurrencies in early days had a long texas hold'em background. I would even call them experts (compared to me) as they ended up in high places in tournaments. Many of them were even playing in live games (not trough net). I guess crypto attracts certain type of people, who want to make money but enjoy the risk as well or the "game" of it.

I know it attracted me and i had some live poker tournament background as well.
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