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2521  Economy / Trading Discussion / Re: Always pump after sold holdings. on: August 14, 2021, 04:12:56 PM
It almost always happens. I mean, that's the volatility working and the unpredictability of the market making its way to us in trading. It's not that rare to have the opportunity of the right call, and it's just that there's the notion of people where they think these things below
  • Hoping that they could've sold higher
  • Hoping that they could've cut their losses earlier

Both of these scenarios can happen to you, and every time it does, people think that it happens all the time because of the "hope" that it instills in trading. I guess being emotionless can lessen these types of thoughts when it comes to these things.
2522  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Altcoin - bull run? on: August 14, 2021, 09:57:03 AM
With the current trend that I'm seeing, the NFT games are most likely to bring fruitfulness to investments knowing that the situation we have right now in the world is most likely focused on staying-at-home projects, and a lot of people are into gaming. The gaming industry is huge right now and could get bigger once more players are entering this space. I would choose some of the famous NFT games that would bear fruit for sure.
2523  Economy / Speculation / Re: No BTC Holding is risky on: August 13, 2021, 03:14:22 AM
I had the same sentiment about this because, in the recent breaking of ATH, I didn't have any holdings to benefit from it. I had altcoins that rode the highs, but it's still different. Now I allocate a percentage of it whenever I receive BTC and leave the remainder in BTC. I believe this is one of the best ways to secure some gains in the long term, knowing that BTC could be worth more than it is.

The best way to think about this is to remember that it's not too late.
2524  Economy / Exchanges / Re: Where is the best platform to trade futures and contracts with high leverage? on: August 12, 2021, 02:32:41 PM
I do think you could use ByBit for that type of leverage. Most of the top exchanges right now decreased their leverage because of the volatility and traders getting liquidated because they are not experienced with that. If you are going to do that, I would suggest for you just gamble it in a casino, maybe you can get an x1000 for your capital. *Definitely not a financial advice
2525  Alternate cryptocurrencies / Altcoin Discussion / Re: NFT Games Development on: August 12, 2021, 02:00:48 PM
Gaming industry is bigger than music and film industries combined. Designing a high quality game costs a LOT of money.
This is probably why there are a lot of people developing games right now and make them "reminisce" some of the old times or the current generation experience during their early days.

You are probably talking about indie games, which are low-cost games.
A played an indie game recently which a liked a lot, Hollow Knight, it was partially costed by $57k
Still to produce something like this is a feat, and developing it with the blockchain tech with collectibles would be nice and would really give value to the time given by the players.

You need talented designers to create a beautiful game, you need to create nice sounds/music, it is not a one man task. You need years of development and some amount of funds to hire people.
I do believe that and need to be with someone with a background on UI/UX design and sound production for that. Probably the best way to approach this is to create a company and ask for funding that support startups etc.

I think that for a blockchain game you will also need some blockchain developers (solidity). There are some guides on the web, such as https://cryptozombies.io/
I did find this resource and I managed to finish the first chapter "Making the Zombie Factory. Now I'm on to the next lol. Maybe this could help me visualize and internalize what I can develop with this.
2526  Alternate cryptocurrencies / Altcoin Discussion / Re: I see the whole thing from a different angle on: August 12, 2021, 08:01:53 AM
This is what you are talking about, right?

https://www.reuters.com/technology/defi-platform-poly-network-reports-hacking-loses-estimated-600-million-2021-08-11/

Anyway, the article states that the hackers did it for fun and said that it's going to be returned and not interested in the money involved. See the quotes below.
A person claiming to have perpetrated the hack said they did it "for fun" and wanted to "expose the vulnerability" before others could exploit it, according to digital messages shared by Elliptic, crypto tracking firm, and Chainalysis.

It was "always the plan" to return the tokens, the purported hacker wrote, adding: "I am not very interested in money."

Your reasoning could be one way to say that they couldn't get away freely, but it could also be this above where they just wanted to show the possible threats and vulnerabilities of these technologies that we have now.

I'm curious about what people would feel involved in DeFi and what they think about it.
2527  Alternate cryptocurrencies / Altcoin Discussion / NFT Games Development on: August 12, 2021, 05:58:56 AM
With the year 2021, I noticed that the boom in NFT games has been hyped ever since the lockdown. We are experiencing a bunch of influx of players to cryptocurrency platforms because of these games.

I'm curious as to how much hard and capital is need for this? Below are some questions that are itching to be answered.
  • In developing a game, usually you would need a game development design form, is it the same as when you are developing a game for blockchain?
  • Essential core team member parts that are needed?
  • Whitepaper first?
  • Possible book references in this gaming industry relating to blockchain

Maybe these simple questions can help others develop their own games/dApps as well.
2528  Economy / Speculation / Re: Is $48k the next Bitcoin benchmark? on: August 12, 2021, 12:44:34 AM
It can be one of the following targets with BTC, and with the current trend that we are in right now, I believe that it can reach $48k soon enough. With all the news surrounding cryptocurrencies and the new hype of NFT games, it seems impossible not to be carried with this trend. With this result, I think many more people would appreciate what Bitcoin is doing for our financial systems to prevent inflation.
2529  Economy / Trading Discussion / Re: Emotions should never be traded. on: August 11, 2021, 03:42:36 PM
That's always going to be a problem with us, humans, who have emotional sides and overthinking factors that ride over our heads. You can never be successful if you are too vigorous with it and deciding on those feelings. When people do that, that's because of the gambling nature that we have and not the rational one. We need to be consistent to be successful and follow risk management instead of just going all in.

Don't be envious of what other people have because they might have a different starting point than you. Just be patient, and everything will fall into place in the long run. Plus, use a tool like Gunbot to assist your trading.
2530  Alternate cryptocurrencies / Altcoin Discussion / Re: Why be allowed to create tokens with the same names? on: August 11, 2021, 09:26:56 AM
Why not, right? Isn't it because we are in a decentralized system that no one can stop what you can do? That's just the disadvantage or the drawback with this system is that it make it easy for people to scam each other and those people who hack and destroy other people's lives are benefiting from it. That's why the best thing to do is to educate people on the possible scams that can occur.
2531  Other / Archival / Re: July Regulatory War Against Binance...is CZ Ready to Surrender? on: August 11, 2021, 06:14:16 AM
Yeah, too bad things aren't moving forward in that area:
Binance US chief Brooks quits after four months
I never knew that this was the case for the Binance US. But this is quite concerning for sure in the growth of the exchange itself.

Upon reading the profile of Brooks, he is definitely a qualified person for this type of regulation, and the fact that no one commented on the departure makes it even odder and confusing and makes it open to more speculation on the "legitimacy" of the exchange.

The guys they hired for this exact purpose are quitting, it might be something else, but the simple explanation for it is that they saw the tasks as impossible.
With the headline and subheading of the title with the Brazil director seen below

The executive, who had assumed office in January, said there was a misalignment of expectations and that he made the decision according to his personal values.

It seems to me that his personal values are being tested with running it and it is going to be talked about more with its operations and why it is like that. It's more running away etc. I'm pretty worried about the future of Binance here TBH.



As if there are any other options? This isnt talking about stepping down but they wouldnt really be having any choice but to accept on whats mandated or else then this would really be risking on putting down the business.
This supports the decentralization that we all want in the first place and making sure that there is no one else that could be affected by this type of regulation. Being the #1 on crypto exchanges poses a lot of risks for sure and this is just the start. Other exchanges are probably are just silently looking at what's happening to the #1.
2532  Other / Archival / Re: July Regulatory War Against Binance...is CZ Ready to Surrender? on: August 10, 2021, 02:35:11 PM
I can't believe that CZ is willing to do that but I think that is to make investors in Binance more confident and to say that they are doing this to make sure they stay at the top. I think there's nothing wrong with that. Moving forward with this, I think they would just be open to hiring that certain someone who is more capable on making decisions for the regulations etc, no need to step down.
2533  Alternate cryptocurrencies / Altcoin Discussion / Re: Are NFT games also another way to gamble your money? on: August 10, 2021, 12:04:32 PM
When I read your title, I thought that it's about gambling on which NFT game would be at the top 1 game, beating Axie Infinity. I think there are only a few competitors in those spaces and one of which is Illuvium. Well, I think with its gameplay, it has potential, and it's a AAA game. Well, it's still speculation.

I think the word "Gambling" is being interchanged with "Risk" making it seem everything is all about ROI. 

Maybe we can make this a type of gamble based on this lol.
2534  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The bull market in the currency market is about to start on: August 10, 2021, 05:19:05 AM
^I like how this guy is straight to the point



So basically, you are saying that since the government is printing more money that the only solution for that problem to go away is to go to cryptocurrencies, right? We are all headed in that direction means there's no more room to go but up, and if no one offers another alternative to this problem, then it's going to be all in for crypto. It's going to be one hell of a ride this 2021, for sure.
2535  Economy / Gambling / Re: FEZBET = PURE SCAM !!! on: August 10, 2021, 03:21:30 AM
In addition to the members that have posted before me, what is fake ethereum? Can you post your tx hash so that people can investigate what you are talking about? goinmerry has already asked this but still, can't emphasize it enough so that we can learn about this as well.

As much as FEZBET is unfamiliar with us on this forum its always good you check the review of any gambling site before you make your deposit unless you want to risk your founds, you may as well share all the evidence here with screen shorts for us to verify your claim and tag them.
really ? you have the Guts to make that advice when your SIGNATURE explains how you are supporting scam site? and looking for evidence ? your signature has a lot but you are still promoting that scam 1xbit so who are you to make this statements?
I agree with bitterguy28 here. Is it a 1xbit signature? All I can see when I'm pointing my cursor is some %welcome% thing.
2536  Economy / Gambling discussion / Re: Effects of Greed in Gambling on: August 09, 2021, 03:41:06 PM
Even if we understand our problem, it doesn't necessarily mean we could solve it already. A lot of the factors that people face with their problems is the acceptance of the situation is. Either you can do anything about it, or you cannot or are not willing to. That's mainly the dilemma that we people face in our daily lives and whether or not someone will get hurt eventually if you didn't tread lightly. Whether it's your family or just someone who cares about you.

That's the part where people tend to fail, the wants that you want to get over the necessity on things to do and greed is just one of them, and the feel of the rush with gambling would make it even worse.
2537  Other / Beginners & Help / Re: Do's and Don'ts on the forum... on: August 09, 2021, 03:35:02 PM
I know they tend to ignore such post and keep on repeating the same mistakes but still if some could spare some time to read these and might help themselves a little bit it would be really nice for all of us.
Well, it's not going to really affect us if we don't let it. But it's either we are really nice enough to help them or we are doing it with the intention of adding more posts for our signature campaigns. It's a win-win right? Grin
2538  Bitcoin / Bitcoin Discussion / Re: Hey! Let me pick up a rock and let's buy it from each other... on: August 09, 2021, 03:31:58 PM
Isn't it the same as any other kind of item that you are willing to sell? It's just the price deemed to have value over an item. Just like paper money, it has value because we say it has, like $100. It's always going to be like that, and that's what humans do. The analogy is quite hard since rocks necessarily have a different function than cryptocurrencies, so it's different but has value because that values it by the demand.
2539  Economy / Marketplace / Re: Crypto Real Estate on: August 09, 2021, 01:34:00 PM
Isn't the manager's check would just be an ordinary account that can issue checks? Basically a checking account? And from there, fill it up with Fiat and those corresponding crypto amount would be and should be the amount in there? Basically, since you are the middleman, you are like Binance facilitating P2P transactions within people, right?
2540  Other / Beginners & Help / Re: Do's and Don'ts on the forum... on: August 09, 2021, 11:11:41 AM
There are already many topics in which newbies can read; it's just that not all of them read it. That's the unfortunate part, but most of the time, it's the same rules for different forums. I think it's better to save these topics that could help newbies and send them to them in their posts. Many newbies are going to post in the future and not read about these topics.
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