That's because most people can't read the tokenomics or valuate the project in any way. I've seen so many times that bounty managers (or the teams) have valuated the project to hundreds of millions so that they can basically name their token price. When or if i confront them about i usually get kicked out from the discord/telegram for fudding.

IMHO there should be a system that prevents teams bounty managers to make up valuations and numbers. Now the whole bounty section is kind of free for all and anything goes. Worst thing is when the project doesn't even have an announcement and we can't give them negative trust for it. Sure we could always blame the bounty managers but that's not a road most of us want to go.

Well obviously it would be better to win big then not to win and keep your identity secret, but i just don't understand how "i wasnt forced to gamble" would any good explanation. For the lack of personal security. Its like my plane would crash and insurance people would say that i wasn't forced to fly, that i knew the risks.

In Finland everyone's income taxes are public information. I know that many countries view this as shocking, but at least they have time to make their addresses private and hire better security before their taxes are released at the end of the year. Not that we have much problems with robberies in the first place.

How very American of you. Your constitution contains no reference to God either yet it's in everywhere. In the money too.

If you really didn't understood what i was saying i was of course referring to institutional racism

It's about discriminatory laws, policies and practices, as well as the lack of representation and opportunities for certain racial groups. And how beliefs and stereotypes about different racial groups are reinforced and perpetuated by institutions.

If you were unlucky and your school didn't teach about these things, sadly i am not much of a teacher either, and i would be much more comfortable to point you to an actual experts who have studied this a lot. Luckily there's ton of reading material around about structural/institutional racism. Start from wikipedia and then to studies like this.

This changes with the chart i am trying to analyze. If the coin or token doesn't have any correlation in the past with the indicator i tried, i'll change it to something i find it reacting with. My go to for finding big moves is going trough some MA crosses. This doesn't mean i would use too much time for a chart that i don't find interesting enough. Not every chart is tradeable for me. I am not good enough for that.

Those are all full time jobs where i am from. I am not even sure who would have time to do them as a side hustle and some of those need serious education. Or at least ton of training.

I was totally excepting "jobs" like:

"Youtube influencer"
"technical analyst for altenative currecies" (shitcoin trader).
"Model" (anyone with onlyfans account)
"Cryptocurrency developer" (rugging with random bsc tokens)
"Digital artist" (someone who uses AI art to sell bunch of 1:1 nfts)
Or "investor" (Anyone who ever bought any cryptocurrencies or NFTs)

Sure, xenofobia and racism exists everywhere and t would be racist to suggest otherwise. But west has pretty much industrialised racism by using it as a building block for a society, and made it an efficient tool for controlling minorities. But just because something has existed in the history, doesn't mean we couldn't get rid of it in the future. It will just be a slow process and requires a change in attitude and teaching material.

-cut-
First thing that made me cringe. Really solid way to avoid responsibility. Makes me think SBF maybe wasn't so sorry then.
Now i don't know if it was legal or responsible for CZ to call out that they are going to dump all their $FTT because FTX was shady and insolvent. It sure as heck doesn't sound like anything legal.

But this response is a 2,600 word essay of trying to explain what happened and it basically can be summarised to "i didn't do anything wrong, here's the data".
I thought his legal team would have told him to shut up by now. However as i am not a lawyer i need to hear experts before jumping to conclusions.

IHMO There could be at least one more panic drop. It doesn't need to be severe but it will scare some people off who are traumatized by this bear. And if they got back in now, you don't need much to scare them. People see current movement as either a dead cat bounce or suckers rally depending their point of view. I see this as normal shaking during accumulation. Whales are market buying their bags full so it shakes the markets a lot.

I don't see it as short lived. I see it just as a signal that bottom is in. Price doesn't need to go back right up to ath for investors to regain trust. In fact it should stay down and balance for a while around 20k. Global economy doesn't need to fully recover, it just needs to show signs of recovering and that could be around the corner. I don't see USA inflation or debt spiralling any more out of control then in any other country out there. There are no countries without debt. That's how current system pretty much works.

COVID-19 isn't going anywhere but most people are vaccinated and hospitals are aren't running out of beds so it's basically in check too.

If there won't be a ban for POW coins, most big cryptos will be doing just fine. Privacy coins with a possibility to evade regulations will be slowly taken out from CEXes and some people will find their assets frozen in CEXes but pretty much everything else should keep going as they were. And bullrun will be huge again.

For some reason you left out ImmutableX marketplace, you know, the guys behing IMX, the ones who partnered with Tiktok? And Tokentrove, people who were one of the first, if not even the first implementing trading without fees. This was before trading on polygon was a thing.

Personally i can't see any reason using most of these sites you listed. I stick with the popular ones as i can't see any advantages to be listed on some obscure website or to try to trade there without good customer base.

Have you asked your friends why doesn't it have a future?

More importantly: Can you trust your friends more then random people in the internet forum who are mostly giving biased investment advices based on the coins they hodl?
Do you have an opinion about BNB? Personally i think that if BNB doesn't have future, that could mean something bad will be happening to binance. And if something bad will be happening to binance. It doesn't matter what coin you hodl, they will be all going down.

So if your you can't take the constant heat of something crashing, you should definitely hold something else then cryptos. Because we all have seen how things can go sideways over night.

So, i don't understand why. If you want to play, why don't you play with microcaps instead of something that's doomed by math. Why would they be worth the shot when you can mathematically prove that they are unsustainable and will always go down in price? Or are you hooked on passive income? That's a byproduct of a good project. Like buying and trading NFTs got you PAINT, GODS and IMX airdrop, or that using uniswap got you UNI airdrop. People who bought apes got a lot of expensive free stuff later just because of holding them.

But projects with whole point of inflation are just sad. They are doomed to die because their whole idea is around wealth, something that should be a byproduct, not a whole gimmick.

These are weird

I had to google what they mean by vetting. Apparently it's checking the signatures match,  store surveillance video and many other things. I would be freaked out i didn't win. My signatures don't even match, when i first learned to sign something i panicked and Made fist capital letters with random nervous scribbling, Now i have been doing that my whole life and they are always different.

And how bad could the system be if you need months to check it? I mean i understand they don't want to pay it to wrong person, but how would that wrong person arrange that scam?


This feels just wrong. And i can't find a single reason for this. Let the winner at least buy security before calling them out.


This is something i don't understand either. Why does US citizens want to keep this up that prices and prizes are before taxes. Everything in Finland and i think in whole eu are after taxes. Lottery winnings are just Tax free. We wouldn't really care if they would actually be after taxes because that wouldn't make any difference to winner.


You can play American lotteries from any country. Which makes it weird for them to have such a long vetting period. If my account is already kyc:ed why would i need 2 months of more kyc:ing?

I don't know what you are talking about. For people that came in 2019 this is the first real bear market season. IMHO this is merely an accumulation phase and could be that there will be heavy volatility ahead where the bears and bulls fight.

To me it seems we are at the point what would need an unseen devastating blow to make markets suffer more then they already have. And at this point only crash of the Binance, fatal flaw in ETH code, or rebirth of Satoshi could do it.

It's very telling that market crash after FTX wasn't anything compared to mayhem that UST crash caused. It was just chosen to be the scapegoat for the whole bear market. It didn't seem to matter that when it happened we were already near the bottom.

When is that going to be? Nfts have been around for a quite a while now and they most likely are only down because of the bear market. Most nfts obviously are just silly low effort copy of a copy but so are most of the altcoins so how they differ exactly?

Does irl collectables have an actual purpose? What should they represent to have an actual purpose? And what kind of actual purpose are you talking about? Not too many people are talking about the fact that in uniswap v3 NFTs are being used to represent LP positions.

That's just way too irresponsible gambling for my taste. Risking capital of 1.4 million for high possibility reward of $11200 shouldn't be worth anyone's time. Changes for losing that are pretty too darn high for a 1.4 million bucks if you ask me.

Even if you make a 1.4 million per month from what ever job you have, it would be risking one month's salary. And it just gives me another question. Why would anyone making million per month risk anything for maybe winning $11200. How much that gambler really needs that money?

Binance has been being regulatory compliant all along so it makes me think what's the boost here. Maybe they provided more access to Polish regulators for catching Polish Tax avoiding citizens to get to be "fully" compliant. Taking credit of not being an illegal operation these days however is just weird PR amd tells a lot about how things used to be. I know that working with regulators goes still against for many crypto libertarian ethos but it's the only way forward (and to avoid jail).

Ok i'll tell you it was a stupid question. They are not building same things so they are not in competition with each other, even though some maximalists like to think so. If you are talking in terms of marketcap, flippening at some point is possible, but it hasn't happened yet and ETH has been way more sensitive to any fud out there. And more importantly BTC leads the price movements. That should tell you enough about it.

You shouldn't really compare Fungible tokens or coins with non-fungible tokens. They serve a different purpose. Like comparing stamps to fiat money.
And i don't see it's NFT's "turn". NFT can coexist with fungible tokens, they are not fighting for the same space.

First we would need to understand why people view scarcity valuable in anything culturally semi important, then turn that scarcity to digital scarcity and you have your answer.

But what do you mean by not being verified or protected? Their whole deal is selling collectables with an easy verification. That someone is stealing art is more of copyright issue, not the NFT issue.

Flipping physical collectables in ebay means you would need to be sure they are original, how are you going to do that? You need just trust the seller, you can't check the smart contract being correct one. Not to mention you would need a dry storage space to store them.

With nfts it's impossible to sell digital counterfeits that could be confused to be part of the original collection. You can sell copies for sure just like in ebay you can sell cheap chinese knock offs but no one wants to buy those and you could check them way more faster then physical copies.

I guess your question should be why price of altcoins is high as this is all about concept of digital scarcity.

Marketcap of BAYC is around 1 billion dollars while marketcap of doge is 11 Billion dollars. So maybe better question is why dogecoin has over 10x value to the biggest NFT collection out there. It doesn't even have links to pictures attached to the tokens .

From what i know all these adoptions are still in pilot program stage and that's really far from adoption. Most companies have ton of different pilot programs that doesn't really go anywhere. They are just testing new ways to save money and being more efficient which is something most big companies should be doing in order to grow.

But if you know something that i don't, please share it.