I think that's over simplification. And you can't really prove mathematically that odds are lower because there's no data for that. You definitely can make ton of money with memecoins and shitcoins, i have for sure. You also can lose it all but you can't know beforehand which coins are manipulated and which not.

If you happen to buy right one at the right time. Just like you can make ton of money with slots even though your changes are slim. Same goes with shitcoins / memecoins. You just need to bet at the right time at the right coin / token.

I can answer that. Because, in short, how do you know when you are finished? You could ask same question from traders. Why didn't you leave at the top? Because no one knows where the top is. If you think you are going to the moon you are betting money for it, and without it you can't go anywhere.

I have been in a position where i need to choose if i keep $50k or keep riding higher. Because when you start from $50 and end up having $50k that money suddenly starts to lose meaning. I mean you can't live with $50k for a long time and you start to reach for money that keeps you and your kids wealthy, and funny enough, that sum is never big enough. You might have a goal now, but trust me, when you get there that number sounds like peanuts compared to what you could have. And you have to pay taxes too.

I would have taken my $4k out before doing the bet but people don't often do safe choices when they gamble. And i totally understand why OP did it. When you feel lucky you do take risks. I am not sure if there is such thing as smart bet as everything is based in change and luck has huge impact on the result.

If you are gambling few buck worth every day you are most likely lose that $4K just slower, or win slower if you are lucky (and maybe some kind of sports wizard) . I really see no difference in result. End result either happens faster or slower.

Well technically if your share would grow with the supply it doesn't matter. Value of the single coin would eventually drop issuance rate is too high but at the same time your share could have same or higher value and marketcap could have higher value too. It depends on many things if i would invest or not.

If supply raises rapidly, chart won't look good to any trader who does technical analysis so in charts so it won't be picked up by any speculator. It really would depend on issuance rate and future plans.

Bitcoin has overcome worse than this. This is going to be another nothing burger fud.

So basically you want something where people will be restricted of doing anything things you don't like?

You just picked coins that are going to get kicked from any known CEXes. Maybe you just want to play cryptopunk anarchist and do person to person trading, nothing wrong with that but just be aware that prices are going to go down after liquidity of cexes goes down. You might find buyers though, just like with nfts.

But if we really are looking for alternative to BTC, my money is in ETH.

I can't find one good reason to do it, nor i don't understand why people constantly do it. And after they get caught they will complain about why they were allowed to play and use vpn in the first place. That doesn't make any sense. They can't do anything, they don't even have legal grounds to get their money back since they breaking TOS from the start. So they knowingly risk their balance as they know it could be gone any minute.

I guess they just think they are never going to get caught because they haven't so far.

Because it was still ruled by British until few years ago and if they had done radical transition of legal and economy issues, it could have broken the whole Hong Kong, or at least the transition wouldn't have been so peaceful. So they try to keep "one country two systems" alive. Sort of. CCP wants to rule but it seems to be back and forth showdown of Hong Kong protests and their suppression. I don't think that anyone in there knows what's going to happen next. CCP and Xi Jinping wants just to show their power from time to time so everyone knows who is in charge.

It's possible that because human dot connecting is different from algorithm, and that they can technically pick up things that AI would miss, but most likely outcome is that humans are missing a lot of stuff in various fields that AI notices without an effort. Even if there was a huge study group of people examining what to bet on.

Imho it boils down to the question, why are you gambling in the first place. Do you want to maximise the money by removing your intuitions and decisions from the gambling or are your own decisions and hunch the reason why it keeps on being fun.

The one asking the money for stupid tokens isn't stupid, but the people paying for them.

And while it's legal gray area to ask money for stupid copy of a copy tokens, it raises an ethical question that if it's immoral to ask money from people that can't handle their money, but pondering that question i would need to challenge at least half of the economy in capitalism so i'll stop right here.

Summa summarum: people are this stupid.

Ok, they are showing now and helpdesk seems polite as ever.

And you sound angry, not because someone was racist (nothing even points to that), but because you lost money. Instead of looking at the mirror you are throwing accusations without ANY of proof of anything.

Not that it's my business but your approach to this doesn't sound healthy. Helpdesk most likely doesn't know your ethnicity or don't care about it. It would be so much easier dor you to accept that you just lost your money because of the reason that was told you. And i totally understand why they blocked you.

Hopefully you'll get a closure that calms you down, but i doubt it with that attitude.

in hindsight, op posted this in 16th and in next 2 days when you answered to this, RLB had jumped almost 100%. Maybe because OP market bought a lot, dunno. But it has now dropped almost -50% so waiting would have been better option. Obviously you never can tell beforehand when to jump board, as sometimes it just keeps going up when i am waiting for the reversal that never comes.

Somehow i don't care much if i buy the top and crash -70%, compared to if i am not buying the bottom and miss out the rocket it bugs me more. But this seems like RLB is showing recovery. Hopefully this raises hopes to other casino tokens as well.

You might want to post your proof links again to somewhere else as all of them are "502 Bad Gateway". Also move to scam accusations.

It's really hard to say anything about your case without proof, but memefying your serious accusations into nick doesn't really give me good impression and i am almost certain that there are not going to be racist bone on those proofs even before seeing them.

I would totally block someone if they turned tech glitch issue to racism accusations. There are real people working behind help desks and they don't have to take all the crap.

Well least they are upfront about it. I am more annoyed by casinos who are advertising "absolutely no kyc ever". That's a sign of unregulated casino and i don't feel comfortable to deal with them. After all we are not in 2016 anymore. Back then cryptos weren't being taken seriously and there was no kyc almost anywhere. And looks like some of the casinos want to ride with that old school idealism.

I'll settle for "no kyc until we need it." No one really says that but that's basically what most are offering. And i doubt i would keep too much crypto in unregulated casino. But at the same time i might not give my kyc to brand new casino either if it doesn't have a good track record yet.

I don't want to get my id sold in black market. (even though it might be there already)

Like i already said, you don't own the picture but you own the link.

Concept of owning nfts is debatable becayse it all comes to definition of digital "owning". You don't own the files in a classical sense, and that wouldn't even make sense. You however own the rights to trade it for example. And if we are talking about current usecases, there are now over 10 million reddit nft avatar holders.

There are non-nft avatars in reddit too that you can use to build your avatar. But if you are using NFTs to build your avatar, you can get some rare ones that are very much wanted.

If you are wearing nft avatar you can choose what parts you are wearing from it, and you can combine different nfts. NFT avatars shows up differently and you can't fake wearing them. Those are freely traded in opensea and i think it's one of the first actually cool adopted usecases for nfts. You "own" those NFTs as long reddit is alive and i am thinking it will definitely last for several generations.

And NFTs are just starting, now there is ERC-6551 coming and that's unlocking ton of new possibilities. But i'll wait for it to be tested before i'll get too ecxited

You can definitely doubt the fundamentals of top 10 coins. Bitconnect was once one of them. So was Luna. And those are quite recent. Back in time there were coins that didn't win the adoption game on the top.

I would say that they are aware of the risks. Most people are just investing more they can lose even if they are aware of those risks.
There are ton of gambling addicts trading and using markets as their live casino that's based on real world events.

DCA only works if your coin is not going to die. If it is you are slowly losing just more and more money.

Agreed on that. I was amazed when people were doing IEOs and IDOs etc, while saying same time that ICOs were such a scam. They were somehow totally unaware how that sounded. And obviously STOs even though no one seemed to understand why and how it was even legal. If i recall correctly some did anon STOs . That point it was obvious that only few seemed even understand what real securities are.

You and me both .

Somehow i am still annoyed that some of my wallets are filled with dead tokens forever if i don't burn them. Some of them are just advertisement spam though. And those dead tokens are showing in my portfolio app forever if those apps don't delist them.

Currently Tesla is second most unpopular automotive company in US (Chrysler most unpopular) so i don't know there you are getting that feel of love. Yeah, automotive companies in US are pretty popular in general but still. And i agree it got hyped fast, faster then people realizing that those cars were overhyped. Even i was planning to buy one and thought bad reviews were just normal fud for distruptive tech. Then i kept on reading and realized that those cars were overhyped and might end up being nokia of car companies. Fast rising star that didn't quite keep up with the other companies.

Also most CEOs out there don't try to actively ruin their reputation, this and upcoming lawsuits against the CEO scares off big investors.

I am thinking that OP might have seen synthetic stocks in some crypto exchanges and is talking about those. Not real stocks.

Even old dogs like me have been scammed like this, and i am shamed to say recently. Not trough Twitter (because i don't trust anyone in twitter). But trough a bounty group i trusted (that's still active). I thought that they picked quality projects and had done their research so i wouldn't have to but it turned out they promoted just anyone who paid.

I didn't lose much but i was amazed that i still after all these years fell into that without thinking twice.

But just as a rule of thumb, don't click anything in telegram or twitter. They are just full of bots and spammers, and now with ton of verified fake accounts.

I wouldn't go that far as calling anything AI summer, as that's considered to be longer bull market than any theme based trend. And i definitely would call this a gimmick, i can't see any use for blockchain in AI so this is all meme to me, same as pepe and inu copies out there trying to ride the wave and end up making their own tiny pump & dumps.

NFTs however were whole new thing and i definitely would call that NFT summer. The amount of people it lured in was massive. And it's still not over by a long shot as new erc protocols for non-fungibles are coming.

Tweets of Elon Musk or any other influencer are the worst idea to make decisions about investments imho. If you want to chase the moonrocket, you will always be late. So i recommend finding your own moonrocket, that influencers haven't found yet.

I agree, but just like Kingrojie said in the article: "career destruction and mental health breakdown".

I feel for Kingrojie i do, but if someone is not accepting that they make a mistake, having a breakdown and losing a job can be hard to face. One often looks reasons from elsewhere so they don't have to face themselves and their own mistakes. This causes obsession to find the reason elsewhere. It can be borderline delusional because nothing is more difficult then looking at the mirror and owning their mistakes.

Kingrojie feels betrayed and that's understandable, and he has every right to feel that way, but this seems like destructive and unproductive way. If he really is looking for legal way, i hope that he knows that law can go both ways and staying away from slandering might be a smarter way.