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2661  Alternate cryptocurrencies / Altcoin Discussion / Re: why most of airdrops don't pay participants with tokens in these days?? on: January 19, 2023, 03:15:54 PM
How do they trick people into making them work for basically nothing. The token worths absolutely zero, and they say things like "we will give 25k tokens worth 25k dollars" and people all are like "wow so much money! I want to join!" and they work for them to get 200-300 dollars worth of tokens, and when they do, it worths zero.

How is it not obvious from the start that the tokens would worth zero, I mean they literally trust your work to make it worth something to begin with. By that logic I would make my own token and make others work for me instead and get something? Isn't that simpler and easier to make money? Why am I working for you?
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.
2662  Economy / Gambling discussion / Re: 10 Biggest U.S Lottery Jackpots Ever...(Until Now) on: January 19, 2023, 02:41:06 PM
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.

Yes, there should be at least a winner protection program or some sort.
But it's clearly stated that Wisconsin has now laws regarding that therefore, all bettors here are supposed to know already and understand what they are up to once they won. They are not even forced to bet in the lottery in the first place.
Actually, if that's my case, I'd rather strongly hope first that luck will hit me as to how to claim the money, at least, in private, can think about later on.

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.
2663  Other / Politics & Society / Re: Do you believe racism has come to stay!! ? on: January 19, 2023, 02:28:19 PM
Can you give an example of how it is used as a building block (I thought constitution said men are all created equal)?
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.
2664  Economy / Trading Discussion / Re: Which indicators you use? on: January 19, 2023, 01:57:38 PM
I have been trading for a while now and have hit/miss success with it so I'm interested in which indicators you use the most? For me, right now I use EMA 50, Alligator and MACD/RSI(depends), and I try to make my decisions based on them and on my experience.

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.
2665  Economy / Economics / Re: These Are the Top 10 Most Profitable Side Hustles in 2023 on: January 19, 2023, 01:46:56 PM
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)
2666  Other / Politics & Society / Re: Do you believe racism has come to stay!! ? on: January 19, 2023, 01:34:11 PM
Racism has always existed, I think.
People (specially during times of conflict and bad economy) opt for tribalism, to take care of their own to many levels: family, national, racial, religious, etc.

Things have improved with the years in general, around the world and I hope they will continue to improve, but realistically racist people there will be always there until the end of human civilization.

It is about making a comparison the past decades in the American society and today, the citizens are more equal in the eyes of the law, not completely equal as it is supposed to be, though.
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.
2667  Alternate cryptocurrencies / Altcoin Discussion / Re: SBF said: WHAT HAPPENED? on: January 19, 2023, 01:19:45 PM
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c) In November 2022, an extreme, quick, targeted crash precipitated by the CEO of Binance made Alameda insolvent.
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.
2668  Alternate cryptocurrencies / Altcoin Discussion / Re: Is the bear market over? on: January 19, 2023, 12:48:29 PM
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.
2669  Alternate cryptocurrencies / Altcoin Discussion / Re: The market will come back bigger again on: January 19, 2023, 12:42:37 PM
Bitcoin's recent "pump" in price was short-lived. There's still pressure from the FED's interest rate hikes. Not only that, but the global economy hasn't recovered yet. COVID-19 is still out there, while the Russo-Ukraine war is still on-going. With chaos around the world, it's very unlikely we'll be able to see the crypto market rise back to its former glory.

I'm hoping it'll all be over by 2024. Else, we'd be doomed for good. Constant decline in market prices for any cryptocurrency (especially Bitcoin), greatly defeats their ability to be used as a substitute of cash or even Gold. Stability needs to be achieved for crypto/Blockchain tech to achieve its full potential. No one can predict the future, so we can only hope for the best. Just my opinion Smiley
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.
2670  Alternate cryptocurrencies / Altcoin Discussion / Re: Where to buy and sell NFT? on: January 18, 2023, 10:16:01 PM
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.
2671  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Should I keep my BNB or Sell it? on: January 18, 2023, 10:05:48 PM
Hi, I'm new to here. So just want to ask your help or guide.

I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop. So what i need to know should I convert it to stable coin or should I invest it for bitcoin? Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.
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.
2672  Alternate cryptocurrencies / Altcoin Discussion / Re: High reward POS and masternode coins on: January 18, 2023, 09:47:14 PM
Hi, after doing nothing but taking care of my hoard for almost 3 years I'm back to altcoin escene, besides the comically high amount of 'the same NTF with a slightly different gimmick' projects I find it healthy and promising

But... besides the good, solid coins I need something else, I want to play with the 'other' coins, the riskier ones, and as a long time staker my favorite high risk cryptos are the ones with ridiculous, unsustainable POS rewards, the ones you know will go sub-satoshi overtime, you know, a bit of meme trading is funny sometimes

I have already spotted some masternodes with very high rewards, but I'm sure several more are out there, then, shill me, without shame your favorite unreasonably high POS or masternode coins, maybe some are worth a shot
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.
2673  Economy / Gambling discussion / Re: 10 Biggest U.S Lottery Jackpots Ever...(Until Now) on: January 18, 2023, 09:31:55 PM
These are weird

1. $2.04 billion
         The largest lottery jackpot to date, a Powerball drawing, was won on Nov. 7, 2022. The ticket was sold at Joe’s Service Center in Altadena, Calif., just north of Pasadena.
Lottery officials said the ticket holder was the first lottery billionaire in the state. It was unclear as of early January 2023 whether the winner had claimed the prize. A spokeswoman for the Powerball said the vetting process for winners in California could take months.
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?

7. $768.4 million
         Manuel Franco of Wisconsin won a $768.4 million prize in the Powerball drawing on March 27, 2019. The sum was enough for Mr. Franco to quit his job within two days of winning.

Wisconsin has no law protecting the identities of people who win lotteries, which means Mr. Franco was required to come forward publicly.

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.

8. $758.7 million
         A 53-year-old health care worker in Massachusetts became a millionaire when she won the Powerball on Aug. 23, 2017. The winner, Mavis Wanczyk, opted for a lump-sum payment of $480.5 million. After taxes — 25 percent to the federal government and 5 percent to her state — she took home $336 million.

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.

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2. Is there any online lottery casino available where it is possible to win such as enormous amount of money? Please share ..
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So guys, i hope you all find the article interesting, so lets discuss..

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?
2674  Economy / Economics / Re: We are not out of the woods yet on: January 18, 2023, 04:50:00 PM
There is always this most painful season in crypto space that hurts even the strongest of crypto holders out there where they will almost give up, I don't believe that this bear market will be different, if you are here in 2019 you knew what I am talking about.

It will get to a point where many will start losing hope on crypto, a more painful bottom will occur and holders will lose faith, the bear market will look like it will be here forever.

We are not at this point yet so do not get too confidence that a new all times low is no more possible, no one saw COV-19 coming in 2020 and anything can still happen between 2023- 2024.
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.
2675  Alternate cryptocurrencies / Altcoin Discussion / Re: The Future of NFT on: January 18, 2023, 04:31:12 PM
I think it was mainly a fad.  There will be some need for nfts in the future but paying 10s of thousands of dollars for a silly internet picture will soon be a laugh at the table with your friends about how stupid it was. 
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?

Don't give me this art thing they are mostly all just cash grabs for their creators. Nfts that serve an actual purpose will gain traction though.
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.
2676  Economy / Gambling / Re: Gambler Loses 1.4 million USD in a bet with lower than 1.01 odds! on: January 18, 2023, 02:52:19 PM
https://nypost.com/2023/01/15/gambler-loses-massive-1-4-million-bet-on-chargers-jaguars-game/
Quote
One bettor wasted a massive $1.4 million wager after betting on Los Angeles before the Jaguars mounted an epic comeback to beat the Chargers 31-30, according to Action Network’s Darren Rovell.

It seems that a gambler has loss this massive amount (1.4 million USD) playing a bet with an odds lower than 1.01! (exactly 1.008)
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what your opinion about this gambling issue? did you had experience similar experience? how a good gambler should avoid such mistakes?
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?
2677  Economy / Economics / Re: Another Boom for the crypto market. on: January 18, 2023, 02:09:30 PM
With governmental authorisation, Binance can now provide cryptocurrency services in Poland.
I think it's great that the worldwide community is supporting the cryptocurrency industry, this is a significant boost, and I think more nations will follow the present global trend.
https://www.binance.com/en/blog/ecosystem/binance-moves-forward-with-local-development-and-regulatory-compliance-in-poland-1233996135851733478

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).
2678  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum Shocks the World on: January 18, 2023, 01:10:46 PM
Ethereum Shocks the World: Half a Million Validators and Rising, Is Ethereum the Next Crypto King Or BTC?

tell me if it's a stupid question
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.
2679  Alternate cryptocurrencies / Altcoin Discussion / Re: The Future of NFT on: January 18, 2023, 11:58:41 AM
What do you guys think about the future of nft?
Many people think that nft is useless digital trash, but I have a different idea from them.
This is because many famous companies and platforms around the world employ blockchain developers and create related nfts in various fields such as art and sports.
I think it's now Nft's turn, just as Bitcoin has been treated as digital waste and its price has been upward.
Tell me what you think

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.

I still think NFTs are pretty pointless. Someone just might make an NFT using art os someone else and make money out of it. But NFTs can't be fully protected by the government, because it's crypto. But if it's not verified and protected by anyone, then what is the point of it and why the price of some of them is so high?
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 Cheesy.
2680  Economy / Economics / Re: Brace yourselves, CBDCs one Step Closer on: January 17, 2023, 09:30:25 PM
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 Now that 10 years have passed, some countries have already adopted it but it is still not mainstream. How long do you guys think it will take for CBDCs to become the norm?
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.
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