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2441  Alternate cryptocurrencies / Altcoin Discussion / Re: Bithumb CEO arrested on: February 04, 2023, 10:05:23 PM
I would like to see other crypto scammers arrested instead of moving freely around the world, like CEO Terra, or former FTX CEO. There is a lot of scams in the crypto-sphere, especially in centralized exchanges where insider trading and price manipulation are rampant. Tougher regulation would rid the community of characters like SBF or CEO of Bithumb.
Technically SBF isn't free but in house arrest, which is way better then him dying in the jail like everyone seems to think would happen. Court procedure however takes time and should take time as you can't rush these things. Rushing could be an advantage for SBF.

But why an earth interpol haven't catched Do Kwon is a mystery. If i remember correctly people have even posted selfies with him in europe while he was hunted down. He has his passports frozen so i am guessing he moves with fake ids now.
2442  Economy / Gambling / Re: What sort of Weekly & Monthly Bonuses do Bitcointalk members want? on: February 04, 2023, 09:28:09 PM
Currently we offer level-up bonuses for our VIP and rakeback. However, due to popular demand, we are looking to implement weekly and monthly bonuses as well. Do you guys happen to have any recommendations for a formula we should use in determining what an appropriate weekly/monthly bonus should be?

We would love to hear feedback from all bitcointalk members!

Hope you guys have an awesome and safe New Years! Smiley

-Punt Management
Free stuff is always nice, so something similar to wheel of fortune in freebitcoin but with a twist. Maybe just reward people that have leveled enough in your site by adding them to weekly lottery automatically. Higher the level you are, more raffle tickets you would have weekly. You would automatically participate into it, no need for login or klicking. That would be one way to incite players to level up.
2443  Alternate cryptocurrencies / Altcoin Discussion / Re: SBF said: WHAT HAPPENED? on: February 04, 2023, 04:02:18 PM
What are the latest updates to SBF? as far as I know he is under house arrest now, and also bailed in the amount of 250K$ or 250M$, Please correct me.

I just believe that SBF will be held accountable for the scandals he did in FTX. What he did was not a trivial amount that affected the market in truth. Where a lot of ftx users has been robbed by this person actually.
It's $250 Million and his parents helped him with it. If he so much tries to flee and hide, his parents would have a headache for it as their house was the one that is used to secure that $250 million bond.
SBF also continues to state that he no longer has millions and only has close to $100k in his bank account. Yeah right.  Roll Eyes
Well technically the one paying would need to prove the origin of that money because FATF travel rule. Sam can't just put millions to his parents account now and make officials to believe that money magically appeared to exist. If that money was washed and originated from Sam, don't you think that any officials wouldn't be interested looking into that? Maybe it gets revealed later on.

Just a while ago $70m of Sam's money were found in a small bank, so i am interested to know where else has he stashed them.
2444  Alternate cryptocurrencies / Speculation (Altcoins) / Re: For Speculators, Pancake Swap (CAKE) Has Become a Healthy Delicacy on: February 04, 2023, 03:44:51 PM
I can't help of thinking that fundamentals of CAKE are tainted for it to grow big. With 300 scams per day pancakeswap has managed to create sort of reputation of a factory producing worthless idos. It's a place for cheap scammers. And eth transactions are going to be cheap soon. Then i don't really understand what's the point of CAKE/Pancakeswap anymore. Sure they can create attracting tokenomics on top of it but that's really a duct tape solution for irrelevant tech.

Even though ETH is getting cheaper, Pancake swap specializes on BNB BEP20 swaps. So I do not think that ETH would have an effect on CAKE since they already had established their market platform. Uniswap is  a platform that do ERC 20 swaps so I believe you have mistaken it for BEP20 Defi.

Scammers is everywhere, even those project that uses other platform as their IDO also scam people of the their funds.  Take not, Pancake Swap in not the one creating these scam token, and anyone is free to list their newly created token to the platform since there is no need for human verification in order to be listed in a Defi platform.

I agree but i didn't explain myself as well as i should have. I meant that i see whole BNB ecosystem irrelevant in the future. Right now people are only using it because it's cheap. That's the main selling point and why it's popular. But BNB is like a lego version of a real thing and with 21 validators it's centralized as a chain can be. Sure, cheap scammers just move to ETH when ever it's going to be cheaper to use but i seriously don't see any other point BNB to exist then having Binance to burn it and binance requiring listed new altcoins to lock bnb, which makes the bnb valuable.
2445  Economy / Gambling / Re: 🎲BetFury.io|🎁Welcome Pack on BetFury| 💸300 Free Spins + 150% Deposit Bonus on: February 04, 2023, 03:34:10 PM
I get that; as I said before, I wouldn't just by the tokens to stake them. But I always like sites like this that give out dividends as at a certain moment, I will just play with my daily dividend. In that way, you don't need to put in more money and you will also generate more and more tokens and thus more dividend.
This made a sense at the time. Then i just had to keep playing to get more tokens to get as much dividends as i did last time. At some point i gave up as i felt it was more work then if i just bought the tokens. It was fun to win big sometimes but that was so rare i think i would have made more money just by selling the tokens in the first place.

But i totally understand why would people do that. It's fun if you are going to gamble anyway. It even keeps your budget in check. It just wasn't working for me as i was so unlucky with slots.
2446  Economy / Gambling / Re: Stake.com - The Leading Crypto Casino - 🦉 Drake, UFC, Everton Main Partner ⚽ 🥊 on: February 04, 2023, 03:27:45 PM
No matter you play at stake or any other gambling site, you need to have control over your emotions. You cannot win always and when you lose, you need to have your emotions under control.

It is not easy to win in gambling and it becomes even more difficult when you do not have any money management and you do not have control over yourself. As with every thing in life you need to be discipline in gambling too otherwise you will face losses.
Maybe we have a different concept for word control, but i don't see controlling emotions an effective solution to prevent unreasonable or irresponsible behavior. When you try to control or suppress negative emotions you tend not to deal with them and they will surface in some form or another at some bad day. But i totally understand people who for example take medication not to feel anything and think they can rationalize their behavior better, that could work for some time but it has a toll.

Recognizing emotions is way better way and any from a viewpoint of a psychologist.
If you recognize your emotions and can name them, split them in sections and analyze them, you are not so incapable of facing them that you would even need to control or suppress them. When you realize better what feelings you are going trough they can't control you or your gambling, they just are there.

Well that's a lifehack of mine anyway.
2447  Alternate cryptocurrencies / Altcoin Discussion / Re: Bithumb CEO arrested on: February 04, 2023, 03:11:02 PM
that's a garbage exchange site. This exchange site is full of manipulation by the team behind the exchange site. So much fake volume in any pair. I have ever traded there several times. The impact from bithumb to the crypto was not as big as FTX and so, I don't expect a huge dump gonna come later. The fact that the volume that owned by this exchange site was actually fake. Im not seeing the problem that happened with this site won't becoming a threat for crypto like FTX. This exchange site was garbage exchange site like coinsbit.

Im glad to see that CEO of this exchange site got arrested. I remember once people were unable to withdraw their money.
Yeah, i didn't like the site and markets don't seem to care so i guess we are fine. If we are going to use FTX as an example, i heard they had they had some reserves in FTT token, which would be insanely irresponsible.

I was little afraid that if there would be bank run and again they would need to dump altcoins to get their reserves back and some companies invested in it would fall with it. But maybe this would be in a different scale anyway.
2448  Alternate cryptocurrencies / Altcoin Discussion / Re: what do you think about fantom coin ( FTM). on: February 03, 2023, 10:54:06 PM
Probably pumping because the people behind Fantom coin just announced that they're gonna release version 2 of their stablecoin fUSD which will allow users to choose between $FTM (their native coin) or $fUSD to be used to pay for transaction fees within the network. Kinda unique if you ask me.
-cut-

Here you go, this is the answer. And in my opinion it will crash down after the release becuse of two things. 1. There's sell The news event. 2: people will soon realize that while this is unique, it isn't that impressive or important. People can hype anything but when it comes to using a feature, it's just nyt as attractive for the price
2449  Economy / Gambling discussion / Re: What is your earliest Gambling Story? on: February 03, 2023, 10:37:52 PM
Aside the fact i gambled with my father as i was kid, i would like to count only things where i was actually gambling with my own money.

I think i started with physical slots as they were everywhere. But those weren't paying a lot. First real gambling experience was when i went to casino. I didn't know what i was doing but i won money in table games i played first time.

I got back money i spend on shops that day and needless to say it was such a positive experience that i went again next week. Won some more money and i was hooked
2450  Economy / Economics / Re: I don't see this changing anytime soon on: February 03, 2023, 10:08:59 PM
-cut-
Am I evil for wanting to see CEX go or at least become less important?

I don't understand what that has to do with being evil. Even CZ himself has said that ee should live towards Dexes. I perfectly understand need for both. Maybe at some point there would be a dex with soulbound identity or something like that. But for now i see that free dexes in their current form could even die away at some point. This i don't see happening to regulated cexes
2451  Economy / Economics / Re: Berkshire Hathaway's Charlie Munger Calls for Crypto Ban in the US on: February 03, 2023, 07:23:39 PM
-cut-
I never understood how wealthy and successful men can sound so negative at times:
-cut-

I am guessing that when your net worth is dropping rapidly and you have to watch people investing billions in a cryptocurrency with an ape or a doge picture instead of your old man scams is quite insulting to fragile ego. But seriously gladly no one needs to care what horse industry thinks about auto industry taking their money.
2452  Economy / Speculation / Re: Is the black swan event not to be expected anymore? on: February 03, 2023, 06:58:08 PM
Why is no one talking about the black swan event? Or are you saying we aren't going to see that again? Is there a chance that things won't always be the same with crypto? Is the FTX crash the only pain part we will see in this bear market? If the pandemic of 2020 never happened we won't have seen a buying opportunity of 3500$ for 1 Bitcoin. What do you guys have to say about this? Are we going to keep side ways until 2024 BTC halving now?
Ok captain hindsight, what black swan event you need us to be talking about? Because all we have is black swan events in the past. It's by definition something unpredictable so we can agree that they will happen in the future or not. Most likely they will happen as they have in the past.

I really am hoping for sideways movement for a while. Moving too high now would be unsustainable and crash would kill portfolios as it would be many times worse with alts.

(Also i don't know where you got number $3500 for bitcoin dip, that doesn't seem to make any sense.)
2453  Alternate cryptocurrencies / Speculation (Altcoins) / Re: XRP - yes or no? on: February 03, 2023, 06:36:38 PM
Up until now I have not really thought about getting involved with XRP however have been doing more research and if they win the case feel it could really do well.
I haven't sen XRP producing anything particularly interesting or new to this space. I used to use it to transfer money between exchanges before there were cheaper methods.

With a market cap of $21m already, how high can this really go if all goes well?
It's billions, not millions, so it's not going far.

Think I may start to DCA into it and if it does win the case then who knows how high it can go, wouldn’t be surprised if it still did a 15x or more from current price.
You do you, good luck with that. I don't see the possibility of 15x being even worth my time.

Are you for or against XRP?
Do i have to have a stand? I think it's worthless and uninteresting but i don't have to be against it to say so and i know people who got rich with it so it worked for someone in that area.

2454  Alternate cryptocurrencies / Speculation (Altcoins) / Re: For Speculators, Pancake Swap (CAKE) Has Become a Healthy Delicacy on: February 03, 2023, 06:25:26 PM
I can't help of thinking that fundamentals of CAKE are tainted for it to grow big. With 300 scams per day pancakeswap has managed to create sort of reputation of a factory producing worthless idos. It's a place for cheap scammers. And eth transactions are going to be cheap soon. Then i don't really understand what's the point of CAKE/Pancakeswap anymore. Sure they can create attracting tokenomics on top of it but that's really a duct tape solution for irrelevant tech.
2455  Economy / Gambling / Re: 🎲BetFury.io|🎁Welcome Pack on BetFury| 💸300 Free Spins + 150% Deposit Bonus on: February 03, 2023, 09:08:47 AM
Do you agree that Biswap dex belong to BetFury? Or at least same people are on high positions at BetFury and Biswap? Why I think both have same owners - BFG token first listing was on Biswap, and BFG was the only token available for stacking/LP there. As if that dex was created to let people buy BFG tokens. The reason I am asking is that Biswap yesterday started their signature campaign here.

Long time ago I have noticed that BetFury runs signature campaigns only when they have special events. Biswap did not have any running special events, so maybe there will something new on BetFury or Biswap soon?
Good catch. Although they denied the connection when someone asked about it long time ago, but i feel there's a connection too. There were just too many coincidences, out from nowhere, new dex with similar color scheme.

It's fun to speculate but in reality it doesn't even matter to me They might be friends or a group they chose to do business with. But it's always fun to speculate and i really hope they got something happening. Although it would be hard to imagine that what it would be what they would do together that would benefit both BetFury and Biswap.

As a sidenote, your link doesn't work but i googled it and that's a pretty good deal for a signature campaign.

It seems to me that gambling only on the daily staking payouts is a safe way to keep BFG tokens or even multiply them. On the one hand, this strategy allows you not to lose your initial investment because the BFG tokens remain in the staking. On the other hand, the daily staking payouts allow you to take a risk in gambling, and even if you lose, you will have another try the next day. The only problem with this strategy is that you need to have a lot of BFG tokens in staking. At least you should have a couple hundred thousand BFG tokens to get only a few dollars as a daily staking payout.
And that's the problem with this strategy of yours, because the least amount of BFG token a user can stake on BetFury casino is roughly 100,000 and above, of which not everybody can afford such huge amount of money, because 100,000BFG is currently valued at $1456, which has a very small daily payout of $0.7, too small to gamble with for any tangible profit, and also has a monthly payout of $21.4 and yearly payout of $256.8 for each 100,000 BFG staked worth $1452.8 base on the current market price  (1BFG = 0.01458 USDT)



Not only that, but what dwyane36 gets wrong is that those payouts have been diluting with such a speed you wouldn't be making your money back by staking.
2456  Alternate cryptocurrencies / Altcoin Discussion / Re: NFTs and Domains on: February 03, 2023, 08:53:31 AM
IMO, NFTs trend is over.
I don't like NFTs at all because how the order book and everything is hard for us in case want to exit the project. Holding NFTs for Instrument Asset is not a suitable and good things, because it's only a picture.
See now the old NFTs who are reaching all-time high. How is going ?
I wouldn't ever suggest that people should buy NFTs as they are even harder to estimate how they hold value compared to altcoins and people would most likely be losing money.

But i feel that people who are bashing them are doing it for wrong reasons. Like you could ask sarcastically "how is it going" in the bottom of the bear market and point at anything.

If you look at erc20 or bep20 tokens, and compare them to erc721 tokens, over 99% of all of them are worthless now. There are just more erc20 or bep20 tokens.
So how are NFTs done but altcoins not?
2457  Economy / Economics / Re: When your passive income equals or slightly above your salary, what would you do on: February 02, 2023, 11:43:30 PM

I have been in a job I detested and although I somehow managed to stay at it for up to 4 years, I didn't even for once let go of my passionate hobby and other passive streams of income I was interested in at the time.
Today, one of my passive interests pays more than my salary. My mind has been yearning for a resignation, but opinions of others and family bears the message of patience with the job I so much detest for reasons ranging from inflation to fear of the unknown.

If you were in my shoes, what would be the best advice you would give yourself and adhere to in this instance?
As you are not telling where do you get that psssive income from i am assuming it's staking. But imho don't make quick decisions. If you have collected your staked rewards as money to your account and have enough to live like a year, i would quit job. But relying on those stake rewards to keep paying same amount or More in the future and quitting your job because of it is just financially irresponsible.
2458  Alternate cryptocurrencies / Altcoin Discussion / Re: what do you think about fantom coin ( FTM). on: February 02, 2023, 10:12:37 PM
I was surprised to see the fantom coin, which has gone up a lot and two weeks ago it was still cheap, but now it has gone up a lot.
I want to ask whether the ftm coin will have the potential to continue to rise?
And what's with the ftm coins that keep going up in price? I want to hear an explanation from you?
Because every altcoin that has potential has been rising this whole year. Fantom isn't an exception.
It has as much potential to rise more in the bull market then most of the top coins rising right now.
If FTM and other alts continue to rise, no one can say for sure, but i am guessing FTM won't be rising alone if there's a shakedown and other coins fall.
That crash would be reasons we don't know. Many would point to their technical analysis and how their prediction was right, that's for sure.

For now, just enjoy the ride. As later on all this movement was just a tiny blip on the chart.

2459  Economy / Speculation / Re: BTC Sentiment Poll for February on: February 02, 2023, 09:54:20 PM
It's looking like the bulls are back as we've seen with the more than the 30% rise in BTC's price just for the month of January alone.  But even with that high of a price increase, I still see some folks say that we're still not of the woods yet.  Surely there's some hope that we are out...  What do you guys think?

I didn't expect it to go up this high at 24k tbh.  I thought it was gonna go around 22k - 23k range, go back down to 20k then go side ways after that.

In terms of shaking and volatility we are not out of woods yet, and that doesn't mean we would be looking at lower bottom next. If we keep going up now, there will be a huge correction again and alts will hurt way more then btc from that. It can feel like a doomsday for sure. I genuinely hope we stay on these levels for a long time to make room for steady growth that can later turn to parabolic growth again, i wouldn't care, if it happens in 2 years or so. Right now going just too high seems like paper hands are about to be shaked off.

Answer to your question: i think we most likely are breaking 25k but i would prefer less volatility now.
2460  Economy / Economics / Re: What do you think will happen if... on: February 02, 2023, 09:47:45 PM
What do you think will happen to crypto if institutional investors all decide to stay away from crypto investment this time around? Do you think crypto can surge of it's own especially Bitcoin without the help of institutional investors money, do not yab me for this question, I am not sure what will happen I only need people's different opinions.
Well you need to go back in charts where there wasn't institutional investors. That's what would happen, although back then many individuals were buying because everyone knew institutional investors were coming in any time. I feel like many of them enjoyed dumping at institutions later on.
 
There are of course ton of more individuals now but i can't see prices being anywhere near here without real players. And then there's the reason WHY would they leave. Because that reason would most likely be more catastrophic then result of them leaving.
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