It's a giant project because they've managed to rent the Staples center and also renamed it after their website.

That's a long term plan they've got for that coin but I think that the pump has already managed its effect there and it's already done. But looking at it at the long term, it's still bullish.

You only need to wait for its major pumps.

Hi there, welcome to bitcointalk.

Just as reading some few posts, I've already seen the disappointment about the KYC. We really don't like going with KYC and the casinos that would advertise themselves would likely see that coming.

Maybe, there's still a way for you guys to revert that rule but if not, you're going to have lesser customers for doing so.

I've got friends and saw how much they're earning with their stake of AXS. The more, the better profit that you're getting there and those stackers that have bought it when it was low, they're all rewarded for the great pump that it got.

Despite the market has seen to be low this time, it's still high as it was than a year ago. It had moved more than 10x last year and this time, it's going through a correction.

Yeah, that's what I'm assuming and thinking that it could not be the same this time or if it does then that's much better. We'll see a parabolic move again if the pattern is the same.

But the bad news is that it has to go through a long bear again or who knows if that bear is no longer long just as what others have said about the changed in the pattern.

Trends setter, trends have changed and anything related to the trend could make things different.

Whenever there's a considered dip, it's a good buy.

But, there are people that don't considered the dips to be a good buy because they're looking always at the top. They want as if the market will recover there and reach the ATH again.

They're used to that because they saw the ATHs twice and that made them think that they're only going to buy if they see the recovery.

We will gonna find that out soon. If we're going to have bloody months then that would confirm the bear market is in but as long as we're staying above $40k then nothing special about the bear market.

People are exaggerating the corrections as it seems really disappointing and thinking that it's already the hellish bear market that we don't like to see. But just as the 2018 bear market, it would be seen likely from 2nd-4th quarter.

It might have been different this time and look how the market have grown so much, it could be the same as that but maybe not today.

It's the normal behavior of bitcoin that will show us new ATHs surprisingly. And even in the past, it had shown the same but those patterns and cycles, we don't know if from this point of time, they'll still be the same.

It's for their test phase and to see if the demand would be that much high after releasing a limited amount of their supply. But everyone wants to be part of anything that's related to VR and Metaverse so I think it will click somehow.

You may not see it as worth it but we all have different likes and views when it comes to the new tech that we see. We may do it just for the experience and eventually like it.

No one forces to do so and only those who likes to afford will definitely afford and thus, there are people that's part of their target market and there are those that are not.

You can do that and if there are brokers telling you that can do the trading for you, what can you do for yourself if they can do that to others?

There's a likely that these scammers are hiding behind a so called "broker" company for them to be trusted by the innocent victims that they're targeting.

In reality, only newbies are becoming victims of them and those who are too greedy not to decline such offers.

Luckily, it didn't dip below $40k.

That only shows that we've got the support.

But if we're not going to time it and put a limit on it, very likely that we might see it go below $40k. It's only a matter of time and if it won't be recovering back to $43k since it hasn't broken that wall there.

We might see it below $40k.

Yes, that's why I've said about real users.

I think we have an idea to figure out if those conversations are too obvious and they're fake conversations just to attract investors. It's common for those projects that are coming out in the market daily.

They're looking for their PR team to do the thing and hire people just to make their channels very active. But, it's better if you'll investigate first to see if those interactions are for real.

The metaverse is on it and for sure VR is tied up on it.

Well, we can avail those gadgets if needed if we really want to be part of it. We can make a way for buying that like saving some portion of our salary.

It's like actually a gift that we can save for ourselves only if you think that it's going to be fun when you actually have it. And before purchasing, it's before to see the long term use of it.

It's only you guys that you're becoming less interested in bitcoin because you're looking at the price as it goes down. That's normal and many people in the past did the same thing. When it's on the top, they were all excited and happy and when they see the reality of volatility, they've became disappointed.

Those examples that have bought at low, you can also take that example like after hitting $20k, many have bought too at that top and then the bear came and they sold at losses. But if they happen to become patient for those years and held on just like what everyone is saying "HODL", they're able to see their money back at $20k and even more from 2020 up to this year.

Are you sure about that? Because this is the note that it is showing;


How it could be on binance if it's telling us that it's not listed there. Yeah, probably it got that logo and link on binance but it clearly says that they have not listed the token per se.

They should have removed that to avoid confusion.

Not that really expensive for those 1st world countries that are always first in these technologies. Well, during the releasing time, they would certainly go up with the price as it is new in the eyes of every consumer.

But eventually, when the demand gets lower, price will also become lower. I've seen about the news of Disney that they'll launch also a metaverse/vr world without the use of any gadget as requirement, this could also be applicable into VR casinos soon.

There's the other thread: Do you guys think 0.1BTC is enough to "make it"?

Well, I think that's more plausible having that amount than what the title indicates. That's 10x more than the example that's given by op on this thread.

How long you're going to wait until 0.01 btc becomes a million? Bitcoin has to be $100M/btc for that 0.01btc you're holding to become a million. Not impossible but I think that we're still far from that point.

Before having a conclusion.

We have to wait and see it in operation. Because having a conclusion without seeing the application of this Akon City, we might eat those words back especially if they're negative and then we get to see that it has improved the lives of people living there.

It is still on development and who knows, maybe this is better than the metaverse hype that we're seeing right now or it could go worse than the result of ICOs and other crowd sales, no one knows.

Usually check each of their social media platforms if they've got a lot of users, the real users with interaction. Like in their telegram channel or discord server.

You'll eventually get to see if the interactions are for real and they're really answering questions that should be brought as communication is very important while they're starting out.

As for the token distribution, it's always that the devs have part of it. Look if the cut they have is justifiable and the utility of that token is also important.

In the case of binance, we're already there and there's no other option but to just comply to what they like.

If you don't comply, you're not able to trade. As for these exchanges that don't require it yet, they might do the same thing as what binance did. They're all following the steps of binance and it's possible that they may ask for the same.

But, for the meantime, while they're not asking for it, you can enjoy using them like kucoin.

Kucoin isn't requiring KYC so you're suggesting a contradiction of what you're telling about not advisable to trade on exchanges that don't require KYC.

Although most exchanges are seen to be going there anytime soon that they might enforced KYC to all of their customers. Just like what binance did, they're one of the exchanges that's known to have a non-kyc policy and then surprised us with their forced KYC.