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2661  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Terra Luna Classic (LUNC) Price Prediction. Will LUNC price hit $0.001 in 2022? on: September 26, 2022, 08:51:24 AM
TERRA Classic has shown the world that cryptocurrencies can be a huge scam, after which no one is responsible for anything and walks free, and even creates new projects.  So I would not be surprised if this scam is worth even more than 0.001 next year. Although it seems to me that this project is more likely to die than to recover. All the recent growth was just manipulation to sell more expensive. I wouldn't buy any LUNA or Classic coins for holding in the hope of catching a profit.


As zasad@ stated, cryptocurrency scams had been rampant since the early years of cryptocurrency.  There are lots of huge projects that end up scamming investors so the case of Terra Luna isn't the first one and is not surprising to happen.  In honesty, I don't think that the developer intended to scam its investors, I believe they are also a victim of consequences but then, of course, the responsibility lies on the shoulder of these developers because they are the ones managing the project.  It only looks like a scam when the founder gets in hiding to evade the authority.

IF only Do Kwon presented himself and face the lawsuit, this will show that the project is created not to scam people but they themselves are also a victim of the event.  But well, they can always explain the involvement of the wallet address owned by the project to the crash of UST.  Unless they don't explain and clear things, they will be labeled one of the scammers of crypto industry.

I think this crash was pre-planned and everything fell apart quickly without any intervention from the developers until it completely crashed and they voiced their ideas create a fork. If he is not guilty then Dokwon shouldn't run away, this is a stupid act if he is innocent. Following the Korean government's arrest warrant for him, today Interpol issued a worldwide arrest warrant for him. Enough to show that he intentionally doesn't want to cooperate to clarify things, he is still hiding and declaring on twitter that he is willing to cooperate but so far, no one has been able to find him.
2662  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: September 25, 2022, 05:55:51 PM
These opponents are Angers and Ajaccio. Angers are their opponent up next. Maybe they won their last two league matches but they are way worse than the previous season now. Marseille shouldn't have a big struggle against them. It is the same for Ajaccio and they are in much worse condition now as well. They finally got a win on the 8th week but it was against Brest which are no different than them now. Marseille have started concentrating on the Ligue 1 more than the Champions League. So I expect them not to make any point loss before facing PSG.

With Marseille's current form, it seems unlikely that any team other than PSG will be able to break their streak. Marseille's opponent in the next match, Angers, is a relatively weak team. However, Angers have returned to form in the last two matches and have played quite well. So Marseille must play carefully in this match. This new match is likely to be a draw. But Ajaccio is the weakest team in the league. Marseille will undoubtedly be able to pick up three points in this match. Marseille has now turned their full attention to Ligue 1 fixtures. And so they don't want to lose their position in the points table very quickly.
2663  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: September 25, 2022, 05:41:40 PM
What a series. First one went to the Ozzies while the second one went to the Indians and the final went to the Indians with a last over finish. This is entertainment at its finest people. Loved watching these two teams play.

Also, I would love to see the faces of Kohli haters who kept criticising him like crazy when he was down. Underestimating a legendary batsman like him is pure stupidity.

The performance of both teams was very good. And we got a chance to enjoy a competitive and exciting match. However, the performance of Australia's top-order players was somewhat poor. Apart from Cameroon Green, Smith, Finch and Maxwell did not play well. Had they performed well, Australia would have been able to collect more than 200 very easily. On the other hand, India's two main bowlers, Bhuvneshwar Kumar and Bumrah, did not perform well. Both gave a lot of runs.
Kohli may have performed well today. But he was a complete flop in the last two matches. We expect responsible batting in every match from an experienced player like him.
2664  Economy / Gambling discussion / Re: The UEFA Nations League 2020/2021 Discussion Thread on: September 25, 2022, 05:17:06 PM
Hungary is doing great! They have the best generation since Puskas and we can see this in the last 2 years of this squad.

Also , a few statistics against England , Germany and Italy and how groups have been for them so far :

- They've won against England twice.
- They've drawn and won against Germany.
- They're first in a group with Germany, Italy and England.
I am quite surprised to see the performance of Hungary in this UEFA Nations League. I know that a lot of teams generally do not take the UEFA Nations League seriously but still, I think that Hungary has shown a really good performance. In a group like this, I thought they were going to be at the bottom. But they are leading the group. They also have the most number of wins in this group. And surprisingly England does not have even one win against their name.

Yes, the bigger teams actually do not care about the UEFA Nations League. They just prepared the squad for the world cup with the most strength.

The UEFA Nations League is just a competition for them to give the players enough play time who do not get to play often.
But when a smaller team plays well in these types of tournaments they generally become very confident going into the world cup.
I expect Hungary to go into the world cup with confidence. After this type of performance against really bigger opponents in the same group, people are going to expect them to perform well in the world cup as well.
2665  Economy / Trading Discussion / Re: Is trading gambling in another form? on: September 25, 2022, 12:56:42 PM

That's true and indeed basically trading or gambling are two different things,
trading is not only about buying and selling but it also requires knowledge and skills,
for gambling it's like depending on luck alone

They may not be completely the same, but sometimes gambling also needs a lot of skills to win, not only depending on luck. As Eternate said, in gambling also needs a strategy, you must know where your position is, who are you playing with ...I think that if there is a good strategy, gambling can also bring good profits, just stop at the right time and only play in our ability. For trading, if you do not have knowledge and buy and sell by emotions, you are no different from a gambler.
2666  Economy / Trading Discussion / Re: Do not panic. Everything will get better on: September 25, 2022, 12:44:00 PM
the only better approach is to panic for the right thing. Panic to work hard - panic to earn more money - panic to help other
It's easy to say but when you're on the dire situation, you'll do the panic on doing the wrong thing.
Like if you're in the market, you'll panic to sell and that happens at most times and that's hard to stop when you don't have control over things and you can't control yourself from it.

If you cannot control your fear then you will not do anything right, fear will keep you from being alert enough to make informed decisions. Things are not as simple as we think, once we fall into that situation, we will lose our reason.
The best way is when investing always have a plan for everything from the beginning and when starting to panic because of the volatile market is when we need to review what our original plan and goals were, only then can we calm down and control our emotions. Panic is a part of us, we can't get rid of it, we can only control it.
2667  Alternate cryptocurrencies / Altcoin Discussion / Re: regulating cryptocurrency on: September 25, 2022, 12:26:37 PM

Bitcoin is under cryptocurrency, you just rebutted your statement about cryptocurrency is not decentralized.  And besides Bitcoin is proven to be not anonymous but rather a pseudo-anonymous.

I mean that not all cryptocurrencies are decentralized, even most cryptocurrencies today are concentrated, only a few are decentralized and Bitcoin is one of the numbers there. 

Bitcoin is pseudo-anonymous, what is it like? I still don't understand what you mean here, What do you mean that Bitcoin cannot help us anonymous if we use it, it's not as anonymous as we still say? People can also find our identity if we use Bitcoin, even if we do not use any centralized exchange and do not claim we own Bitcoin. You make me a bit confused.
2668  Alternate cryptocurrencies / Altcoin Discussion / Re: A meme coin called baby doge worth this risk? on: September 24, 2022, 01:28:20 PM
I can't mine ETH or any other coins right now but I do find a way that might look good but bad to many, I can mine a meme coin called Baby Doge, I can get 609,000,000 of this token per day but that's because the max supply of the project is enormous, what do you think about Baby Doge, some time back there are a lot of noise about this project, any believer here?
As long it could give out make some profits then it wouldnt be bad to have those kind of considerations on mining them.Its your miner then it would be totally depending on your decision whether you would proceed out
or not.IF you do find it beneficial or profitable then why not? We are all here for profit which is a casual thing to have which it would be understandable that we would really be seeking on something which could
give out those kind of chances.Meme coins or mining them arent really that requiring too big hashpower.Its up to you if you could bare up with the risk with those
resources on just mining babydoge.

Well-spoken, we are here looking for profit so if it can be profitable for us then we have nothing to fear. Baby doge is a meme, not suitable for long-term holding, so OP can mine and sell periodically, limit holding for long, then nothing will be too serious or harmful to OP. Not only baby doge but he can mine any coin as long as it has current value and is tradable right after mining there is no hesitation.
I see a lot of options for miners after ETH moves to POS, OP can also mine ETC or ETHW, if afraid of risk from meme coin.
2669  Alternate cryptocurrencies / Altcoin Discussion / Re: Coins that fell below negative 100% this bear market on: September 24, 2022, 01:11:54 PM
There are really a lot of coins like you are looking for, their value can drop by 100% and can be called dead coins. These coins are shitcoins, pump and dump, if you invest in shitcoins cases like this are not too surprising.

Luna's case is different because it's the top coin, it's not like shitcoins are created in a few days and die later. Luna was built by a professional team with high utility and application, I remember correctly, Luna was developed from 2018 until it crashed. It has come a long way, no one would have thought it could collapse so quickly for a top coin with a billion dollar market cap.
2670  Alternate cryptocurrencies / Altcoin Discussion / Re: regulating cryptocurrency on: September 24, 2022, 12:56:19 PM
that's why crypto is called decentralized because it doesn't get regulation from the government. but getting here I think decentralization will also be erased since regulations have started exploring crypto everything will be under regulated so it is very difficult to find pure decentralized crypto.

Cryptocurrency is not decentralized, only bitcoin is the best decentralized coin and it will not be controlled by the government even today governments are gradually introducing regulations governing cryptocurrencies. Regulations will be formed and enacted, then they will manage investors like us through centralized exchanges, still there will be no way to fully control bitcoin making it centralized. If you don't use centralized exchanges to trade or store bitcoins, you can be safe with the decentralization and anonymity that bitcoin provides.
2671  Economy / Trading Discussion / Re: Earning From Trading Without Any Professional Knowledge on: September 23, 2022, 11:19:27 AM
The question is like a question that's being googled like this. "Ways of earning without doing anything".
Also OP, don't rely on those trading signals, they might just suck your money from their advises that you'll not benefit.
Newbies should be aware that many will convince them to try or to invest into something, that’s why they need to study so they will not be decieve by so called professional trader. That’s why whenever I have friend who ask about crypto I give them links or ask them to research it on how it will be done, I will say that it’s risky so they better have knowledge before they start investing money since it’s their money at risk so they need to study what they will do in it.
but believe me, not many beginners in trading will listen to it all. more of them just think of going to the market to buy assets and sell them at a profit. many beginners that I meet are always like that. can't wait to find out the information. too rushed to deposit their money on the exchange and trade immediately.

very troublesome when it comes to meeting a beginner like that. but some do have luck. it's not from a skill, I'm sure it's just luck in choosing the right asset. and make a profit.

They, like us before, rarely listen to anyone's advice because they think it's right and it's all the more obvious when they get lucky if they buy any coin and make a profit afterwards. No knowledge or experience needed as you say. They will and will only return to that advice and will seriously focus on knowledge when they lose, all needing bad experiences to wake up.

I don't want to give too much advice to newbies because I know it won't work, I want them to experience the market without knowledge, then we will give them advice later.
2672  Economy / Trading Discussion / Re: Fundamental or Technical Analyst. Which one are you? on: September 23, 2022, 11:03:48 AM
Technical analysis is fortune telling. It is crap. More than that, it is a scam. You can't tell anything about the future by looking at the charts that happened in the past. It is gambler's fallacy. Just because you lost 20 times, doesn't mean you are going to win the 21st game. It is always about the fundamentals. If the fundamentals are crap, the rest has no meaning at all. The price can go up and down just because somebody wanted it to. It don't have to make any sense.

All are for reference only and are one of the factors for us to make the final decision. That is why the same technical method, the same knowledge, but the results and predictions of many investors are always different. Cant say they are completely useless because sometimes the past will repeat like we are expecting bitcoin to recover right after the halving, it has happened in the past as well. But don't over-trust it or abuse it completely. We know technical analysis, know fundamental analysis, and whales and sharks out there know too.
2673  Alternate cryptocurrencies / Altcoin Discussion / Re: testnet airdrops on: September 23, 2022, 10:57:21 AM
Testnet airdrop meant if the developers are giving you reward to try their testnet and check how reliable their network is. There's no guarantee if you can get the reward from using their testnet. The developers has been creating a pool that will be divided among some lucky testers. that means only some people can win the reward while the rest got nothing. If you are lucky enough and you can get reward from what you have been doing before. It's random reward. that's why it's called airdrop.

It is not a random reward, but rather, project developers will only give rewards to those who have contributed the most, the most useful ideas to the project. That means you have to work hard and give your best to get the reward, not you just sign up and sit there waiting for them to give you the reward. Rewards only for those who deserve it not for spammers like airdrop. But not every project will give out rewards after the testnet program ends, the testnet is voluntary, they will not notify in advance that there will be rewards for participants.
It is only notified after the end of the program.
you mean everyone who participate for testnet campaign wont be rewarded?

Testnet is not the same as creating an airdrop or a bounty campaign and there will be no announcement of rewards to participants prior to the event. Participation in the testnet is voluntary, so you must do your research before joining the testnet of any project. And the distribution of rewards as a tribute to the testers, so they will select the best, most active contributors rather than distributing all the participants. That's why I said that participating in a testnet is not the same as participating in an airdrop or a bounty, just drop spam and expect a reward, you have to work hard and stay active in their testnet group.
2674  Economy / Gambling discussion / Re: Turkish Super League 2022/23 Season on: September 22, 2022, 07:17:18 PM
Fenerbahçe's defence have different problems but since they score a lot of goals that couldn't turn into a problem yet. They lost points in Ümraniyespor and Konyaspor games though. We will see how they defend against bigger teams though, derbies are always different and harder. There are a lot of factors. You can't really compare other games with derbies.

Fenerbahçe's only weakness is that they are not consistent. They have a strong little squad. And they are capable of scoring a lot of goals. Also their defensive players are performing well. They scored 20 goals in 6 matches and conceded only 6 goals. But their only weakness is that if they concede a goal first in a match, the team's performance suffers badly. After conceding the first goal, the players lost confidence. This results in them not being able to return to the truck and losing points in the match. Players must be confident. And I think they should focus only on Super lig.
2675  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: September 22, 2022, 07:11:19 PM
Udinese are a really surprising team in this season. After seven weeks we are seeing them only one point behind the leader. Of course it is still very difficult for teams like them to have a consistent form during the season. I wonder when they will start to struggle. But it is good to see some different teams at top places as well. Even if they don't become the champions they can still have a solid season. Especially while some favourites are having tough days Udinese have a nice chance to stay ahead of them for longer.
This season, Udinese really surprises everyone. They even managed to win matches against very strong teams and to be honest they play really well. I don't know if they can continue their performance throughout the league, but if they manage to do so, congratulations will have to be made.
They will play against Atalanta in 2 weeks, I want to see what they can do in this match Smiley
Indeed it was unexpected performance Udinese improved at the start of this season, If I'm not mistaken Udinese did manage to win against strong teams like Inter and Roma, but Udinese also haven't been able to take full points on a middle board team like Salernitana, last month they only just shared points. So I doubt that Udinese will always be consistent until the end of this season, but hopefully I'm wrong and the top spot will be very interesting if it looks more competitive like this current. To be honest, I'm also curious that Atalanta so far is unbeaten, maybe we can discuss after vs Fiorentina before continuing with Udinese.

There is no doubt that Udinese's performance has improved. They are now performing brilliantly in almost every match. They won against strong teams like Fiorentina, Inter Milan, and Roma. And the dominance of Udinese players was evident in every match.
But they dropped points against AC Milan and Salernitana in two consecutive matches at the start of the season. After losing points in these two matches, they realized their weaknesses well. And now they are able to strengthen their weak points. And so they have consistently been able to continue to perform well in every match.
2676  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: September 22, 2022, 07:06:33 PM
West Indies Women   vs   New Zealand Women

We have seen the dominance of the New Zealand women's team against the West Indies women's team in the first match of the series. The West Indies women's team had a very poor performance against New Zealand's bowlers. New Zealand won the previous match very easily.
In the second match too, New Zealand's players managed to maintain their dominance. The West Indies women's team managed to give a target of only 170 runs in 50 overs. At least I thought they would provide more than 200 targets. New Zealand women's team does not seem to face any problem winning with such a low run target. Because their batting line-up is good enough. And at the same time the performance of the West Indies bowlers is poor.
2677  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: September 22, 2022, 07:00:43 PM
I personally think Arsenal has no ability to win the title. Arsenal may be playing well now. But their squad is of average quality.
They can win Premier League title if their competitor is not Manchester City. City are very strong and Arsenal are still lack of stability in performance in a long season to beat City. Quality of Arsenal players is worse than City players and if we consider the quality of alternative players, differences between Arsenal and Manchester City would be considerable bigger.
You are right. If Arsenal's opponent was a strong team like Manchester City, then maybe Arsenal would have a chance to win the title. It is not possible for Arsenal to win the title by defeating a strong and consistent team like Manchester City. In fact, Arsenal's squad is not strong enough. Arsenal's squad lacks star players.

Quote
This season they played 7 matches, in these 7 matches the strongest team they face was Manchester United. Manchester United is also in a very weak form. However, Arsenal lost this match. And so it is easy to predict that Arsenal will drop points when they face Manchester City, Liverpool, Tottenham, or Chelsea.
It is problem with Arsenal. When people expect Arsenal a lot, Arsenal lost their best performance and lost matches. However, their biggest issue is they often lose more points to average clubs, not to top clubs.
If Arsenal had spent enough money to build their squad and was able to bring in some star players then maybe we would have expected a consistent performance from Arsenal. Arsenal fans expect better performance from Arsenal. But Arsenal management is reluctant to spend too much money to add star players to the squad.


Quote
But if Arsenal can perform well against strong teams and get full points then they have a chance to win the title. But its possibility is very less.
We see since the past season, Arsenal have improvements in results when facing with top clubs and I think they will continue it in this season.
If the target is to win the title then the points must be scored in the matches against strong and renowned teams. If they fail to get points against strong teams, Arsenal will undoubtedly fail to win the title. They have already dropped points against Manchester United
2678  Alternate cryptocurrencies / Altcoin Discussion / Re: Can Solana be the next Ethereum??? on: September 21, 2022, 09:09:22 AM
Solana quickly became a favorite among many investors, Does it became the next Ethereum Huh Huh Huh

I was once a Solana believer. Although I still trust Solana to become one of the top rated cryptocurrencies but my trust has lowered because of frequent halts in the blockchain.
Halting a blockchain is definitely not good but I guess it was absolutely necessary for Solana to do it.
I still hold a chunk of Solana coins since I still has the potential to recover and gain trust of everyone but then let's see how it goes.

I am also a follower of Sol with what it shows, the blockchain network has a fast processing speed with extremely cheap gas fees, it must be said that it is the fastest and cheapest among the layer 1 blockchains that I used. Any new project has a problem at the beginning of development and we can ignore it but sadly, solana has outage 4 times in 2022 alone, and we still don't know if it will happen in the future or not. That's really sad for a project as big as Solana.
2679  Alternate cryptocurrencies / Altcoin Discussion / Re: How I feel about play to earn games on: September 21, 2022, 08:56:53 AM
At the end of it all no play to earn games can gives player the satisfying reward they deserve, there is no unlimited reward in play to earn games, the only thing that matters is how fun the game can get, people needs to feel like ' well I am ok with the fun more than the payout' its not how much people are going to be earning its how much fun people will have. The game needs to be addicting enough. Am I wrong?

That is the biggest problem of playtoearn to solve, the games are not creative, do not bring a real experience to the players. The goal of the projects is just to want players to buy items, NFT to make money, but they are not inclined to entertain in it. P2E projects do not attract the game enthusiasts it is for investors, speculators, so the projects created very quickly depreciate because they will leave the game when it is profitable. P2E needs to know the balance between entertainment and profit to attract players and maintain the game for a long time.
2680  Alternate cryptocurrencies / Altcoin Discussion / Re: testnet airdrops on: September 21, 2022, 08:43:57 AM
Testnet airdrop meant if the developers are giving you reward to try their testnet and check how reliable their network is. There's no guarantee if you can get the reward from using their testnet. The developers has been creating a pool that will be divided among some lucky testers. that means only some people can win the reward while the rest got nothing. If you are lucky enough and you can get reward from what you have been doing before. It's random reward. that's why it's called airdrop.

It is not a random reward, but rather, project developers will only give rewards to those who have contributed the most, the most useful ideas to the project. That means you have to work hard and give your best to get the reward, not you just sign up and sit there waiting for them to give you the reward. Rewards only for those who deserve it not for spammers like airdrop. But not every project will give out rewards after the testnet program ends, the testnet is voluntary, they will not notify in advance that there will be rewards for participants.
It is only notified after the end of the program.
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