Price going down? You mean from the actual mining price? I understand that miners would be happy to sell with huge profits but price dropping would make some people very happy if they can buy lower then getting it with mining. I personally doubt that listing price would be even close to the actual mining price, because people have been mining it cheaper for a long time and i am guessing many of them are willing to sell cheaper.

Of course some people will buy it if they are sure they would profit from it. But i guess the catch is: would you buy something that gives your investment back in 1/2, 1 year or in 2 years? And would you sell your BFG for something that you can get just by holding?

I guess it comes down to trust that betfure will deliver in the future too, but there are so many unknowns.

- Is this casino going to keep attracting gamblers, making profits for holders?
- What incentives there are for gamblers after the mining is over?
- Will the profits go down or rise in the future with the BFG burnings?

My hope is that they will start buying back the tokens and re-introduce 50% bought tokens to mining rewards after burning rest of them.

At the time of writing, there are tons of them but the most annoying one being safemoon. The amount of spam marketing they did was impressive but the result was pointless deflationary token (we have tried those already btw). There wasn't anything even close to ground breaking or new in it so i am baffled why it took off in the first place. I normally don't hope for people to lose money but everyone who shilled that deserve to lose their safemoon bag value.

Tweet isn't available, but you can find the decrypt article.

About the article itself: Of course they are experimenting with smart contracts. They would be fools not to explore something that might reduce the costs, imho there are probably ton of different projects looking at the smart contracts. Sadly ETH 2.0 delay is dragging the adoption behind.

I am not talking about the value, i am talking about limitations and that eth can have only 18 decimals. Then why artificially have reduce the supply to only 500 "full" tokens? Why not 500M or just one full token if you want to create artificial limitations that might come back to haunt you when it grows in price.

I guess what i am asking that is there some signifance to the amount (500 with 18 decimals) or did get picked up randomly? Because that number seems unusually low, so i was wondering their reasoning behind that.

I might as well get there before the crash and even more, but that would also mean eth and btc being insanely high too. Bnb has already broken every prediction i had. I wasn't paying attention and now i feel kinda left out. Who knew it would be used as cheap eth alternative now.

This has Dusk Network written all over it. Confidential permissionless transactions, privacy smart contract, 2 different transaction models and regulatory compliance. I am hoping that they will get a change to prove themselves after mainnet.

Days of the physical cash is numbered but let's hope that the system replacin it isn't going to be huge surveillance program

I am buying if they are cheap enough, selling some if they are profitable enough. I've been trying to calculate the price but haven't decided what would be something i would sell with. It's not just dividends why i am interested in this; i am having fun because i can play slots daily without depositing money. And sometimes i hit pretty decent wins. This way i can tickle my gambling addiction without risking anything really.

I wouldn't be so sure that everyone who sells is a bounty hunter. When you look at the auctioned tokens, those feel like bounty hunters already to be honest. Wasting time and tokens to get peanuts doesn't seem to be something people with money would need to do.

What's their reasoning of having only 500 total supply? Even with 18 decimals i find that hard to understand. I am not an expert in tokenomics but wouldn't so insanly low supply cause problems when scaling up and when the price gets too high? Or are they planning to change the supply in the future?

Well obviously. There's more liquidity and binance has rather good quality control on what they are going to list. At least  can't recall them listing any scams yet. Getting listed to there gives investors confidence too as binance does their background check. From what i understand they are not going to list anything they don't like no matter how much money is offered.

So am i required to hold some amount of BNB in my wallet to be eligible for selfdrops that i would be getting more tokens if i hold more bnb? If not, then what's prevending me using several wallets to get multiple selfdrops? I am guessing nothing if i want to pay more tx fees.

I don't have so much left anyways, i am mainly buying cryptos for my kids. If you live without planning for future, you won't have future and you'll end up on living from hand to mouth. I've been doing that too when i was young. It was liberating and fun, but really short sighted and i can't really recommend it. Save enough money to keep you safe but remember to enjoy too.

Yeah, privacy should be human right, but then again it's hard dilemma for regulators when people are using privacy to escape regulations. You might get away it for a while, but more money you are trying to hide, more difficult that's going to get. And i don't think that there's a real consensus yet how this right to privacy should be handled, because even regulators want privacy, but they also want a possibility to audit. I am looking at combination of RegDeFi and zero knowledge proofs to combat this.

Because no one want lack of privacy in the end. We need to build an opposite system for china's trackable currency. We need to be a good altervative for oppression.

I don't understand the question. Improve how? And how do those other business men are doing it exactly? Are they acceptong some new payment methods or something? I am not sure how that would improve anything except maybe you would get some new customers. I think that Coinbase is offering payment methods for firms these days. Bitpay did it at least while ago too. So you might want to look at their services.

Or are you looking for some supply chain solutions that some blockchains offer? Maybe you should ask what those other business men did, but it sounds like someone is selling you something and you might want to take it with a grain of salt.

Back in time it was obvious that people shouldn't hold their cryptos in any cex. Those were very risky, sketchy and most of them were exit scamming sooner or later. Only handful of them are even left.

But i would say that if you are not wanted by government, these days you can pretty much trust some of them almost as much as you trust banks. Bearing in mind that they aren't backed by governments and hackers are constantly after them. I still think that they can keep your money safer then most of newbies can themselves. For example i personally would keep my gold for example in the bank vault rather then guarding that myself, or try to build bank vault infrastructure with guards in my home.

Sure, exchanges can mess up too but they hire experts to prevent that and most of newbies buying cryptos aren't experts. Lot of them aren't tech-savvy at all.



But what comes to OP's question. My worst advice was to blindly listen to any influencer, most of them are maximalists and tribalists. I lost my change buying eth at the start because i listened to bitcoin maximalists. I wonder if i had seen the potential if i only bothered to look myself.

You can't really compare them, even in cryptos you aren't neccessarily investing to the protocol, but being a speculative trader of some placeholder token. Meanwhile owning a stock makes you literally a share holder. And i am not talking about synthetic "stocks" or derivatives that you can trade in crypto exchanges.

At this point, almost anything could happen in 5 years. 20k doesn't seem plausible but dogecoin might as well be worth lot more. Like $200 in 5 years, and there's going to be a bear market before that where dogecoin will take a hard dive, that's for sure. But when something does have basically only meme value without any delevopement or any other originality then doge brand, why would it hit 20k?

In a year? Bullrun should be over then if we follow the 4 year cycles. So do you think that when other prices probably tank, UNI would keep on growing? IMHO it might at well hit $60 before this bullrun is over but i am certain it will go down with the others when the cycle is over, like most of them did last time.

It's not just being middle aged, i wouldn't invest to something i woldn't understand or follow either. (Not that i understand most cryptocurrencies in the code level.) But cryptocurrencies are riskier, especially most altcoins, which you shouldn't bundle as one asset called "altcoins" as they differ in quality a lot.

Cryptocurrencies might be better tool to earn money now if you know what you are doing, but if you were in cryptos last 2 big bear cycles if you wouldn't say it's easy.

It's mentally exchausting to averaging in into something that goes down, especially when everyone close around you is telling you that you are an idiot for doing so. Or selling at the top, when everyone around you tells you are idiot and will miss the moon train.

In the end, you will get no credit from anyone, everyone just think you were lucky and say that they could have done it if they had bought the bottom. But at least you get money from it, so there's that.

NFTs as in current form are quite silly really. You basically own the link to a site that is centralized. Non Fungilble Tokens as a concept is not silly though and they have ton of potential. But right now any kind of real content ownership is legally blurry to say the least. We need regulated DeFi to fix this.

If i had only $100, i would definitely go for low/mid caps with good fundamentals to have more growth space, and stay away from ADA for example which is already overpriced imho. But then again i might be biased because i don't like really like ADA or their approach.