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2681  Other / Politics & Society / Re: Why do people always speak good about the dead? on: January 05, 2023, 07:16:35 PM
I attended a burial of a well known criminal in my hometown because he was a relation. He was involved in kidnapping, armed robbery and all sorts of criminal activities. When it was time for the funeral eulogy, many people came up and spoke about their relationship with the deceased. All of them spoke of his kindheartedness, generosity, love, kindness, etc. Nobody ever mentioned about his bad character or criminal activities.

This funeral made me recall that I have never attended any burial where people speak about the true character of the dead. They only speak good things about the deceased. Are they scared to speak evil about the dead or is there a tradition that forbids people from speaking bad against the dead?    
Reason is quite obvious when you think about it. People who hate that person don't often even come to the funeral, because why would they? They don't care.

There are only friends and relatives left and they want to remind themselves about the good things in his/her life. And that's completely understandable because they are mourning.

It's also for the same reason you don't yell in weddings things like "this won't last" etc. It's just polite behavior not to.
2682  Economy / Gambling discussion / Re: Would you bet is chess matches? on: January 05, 2023, 07:02:11 PM
hard to really analyze the skills of chess players when they get to thier career where they are both known in chess. with only one false move, they could just surrender in a game that started less than a minute.
I would say it's hard to analyze them from games because they are so much more better then me.
I can analyze athletics even if they are better then me but when it comes to brain work, how can i analyze someone who thinks 20 moves before me.

I's say i am pretty smart but when we talk about genius level players, i completely lose the scale on how smart they are compared to each other. I might bet on some low level games though.
2683  Economy / Speculation / Re: Who thinks DCG / Genesis / Grayscale / Barry are bad actors? on: January 05, 2023, 06:54:15 PM
First sentence made me question him right away:
Quote
1) they conspired w FTX to attack Luna and steth and made a fair bit doing so
So we should believe him despite the fact that he didn't provide any proof of it?
This is pretty serious accusation and with that amount of people following him, there will be damage.
Which makes me think he might get sued for defamation, because it's hard to prove conspiracy even with evidence, and he just decided to accuse them without any ammo.
2684  Economy / Economics / Re: FTC orders Mastercard to open debit transactions to competing payment networks on: January 05, 2023, 06:35:59 PM
-cut-
Even more, CBDCs are expected to hurt even more Visa/Mastercard profits...

Is it me or these guys are pretty much forcing Visa/Mastercard turn to crypto if they want to stay on top?

Good point, i've always known that current system will be replaced when CBDCs come but i sometimes forget that current money transaction systems are actually provided by profit making companies.

Which makes me think that they join teir forces, will create fud, and lobby against such a system and fight like hell for their own survival.

Next time i read a negative article about dangeres of CBDC, i will be thinking that this might be paid fud from Visa/Mastercard
2685  Economy / Economics / Re: It's Simple to understood now cash is king again on: January 05, 2023, 05:57:21 PM
Cash is king again.
The purache power of cash is great again.
-cut-

In where? Please tell us.
Because from where i am standing everything food costs at least 50% and 100% more and this has happened in a VERY shot time frame (during the Russian attack).

If your argument is that money can buy you more cryptos now and that's why it's great, then just think about earlier bear runs; cash money didn't lose value while alts were dropping.
So you can do the math how much have cryptocurrencies actually dropped in value.
2686  Economy / Speculation / Re: Is hodling top 10 Marketcap coins a good tactic? on: January 05, 2023, 12:57:15 PM
Even BNB is too dangerous right now, while a great deal of what we have herd about binance is FUD we cannot discard the possibility the exchange could collapse at some point in time, and if that were to happen it will affect the market in a massive way, with their coin being the most affected, so if someone wants to invest in BNB they can do it but in my opinion they need to wait until the bull market comes so they can minimize this risk as much as possible.

There has been BNB fud since the start of the Binance. Just like with USDT had fud from the start of Tether. Both of them are targeted to fud because unlike lot of altcoins they have one point of failure. And if that breaks down, it would be the end of them.

I am not buying the binance fud but i am aware there's always danger of CEX:es messing something up.
And IF binance falls, it doesn't really matter if you are holding some other altcoins, because if you don't have everything in fiat cash by then, you will be rekt.
2687  Economy / Speculation / Re: Is this the perfect indicator for long term investors on: January 05, 2023, 12:37:59 PM
Watched your video and i want to thank you that you actually explained this.
However this post could be so much better if you would just include screenshots and explanations in it, instead of having to use external youtube video. I know it's a little bit more work, but it would be worth it.
2688  Alternate cryptocurrencies / Altcoin Discussion / Re: Introducing PiCoin - early mining! on: January 05, 2023, 12:29:39 PM
Those who did KYC are not thinking straight. Maybe they thought the price on exchanges where the IOU is listed is the real price. But if they knew how to understand how marketcap works plus the demand for a free fake mined coins which doesnt even can be count as blockchain will do. Im pretty sure this will turn out bad for those who are expecting it to be a gold.
It seemed like a marketing strategy.  Pi was listed on an Exchange and every body went wild once the price reached high levels.  Then Pi team says there is no Exchange listing and adviced the Exchange to delist the fake Coin.

Now a considerable amount of people know about Pi.  They previously knew Pi was a scam.  Now they know the hype.  They probably think it can not be a scam if there was a listing.  It looks like a strategy to wash previous bad reputation away and build a hype.
Word scam annoys me when it's been used vaguely, so what exactly was the scam part here then? They didn't get their money so was this about user data?

However people should know not to buy anything IOU. Exchanges set the value too high as in that way these exchanges won't make losses when real coins come and they need to provide the actual coins for the speculators.



Iou charts look silly Smiley
2689  Alternate cryptocurrencies / Altcoin Discussion / Re: Meme coin caused Solana price to rise by 40% in a week on: January 05, 2023, 12:12:58 PM
Good thing is you know that it's all hype and hype isn't something that's long-lasting. Whether it's good for Solana or not does not really matter because we are still in a bear market. I sense some sort of pump and dump scheme going on and members who FOMO out to be very careful with this or else the pumpers and dumpers will profit from you leaving you holding bags of shitcoins.
Tell that to Shiba Inu with a marketcap still worth 4.6 BILLION dollars. And how do you know if this is just a short or long term hype? There has been many cases when some altcoins have rised during the overall bear market. And BONK is just few days old. It's given free to active solana NFT projects, which i love as fair distribution.

Sure, rising 4000% in one week raises eyebrows but there can be many things that justify it.

Only thing i hate about this is their logo forced to look like generic 3d plastic blob made by cheapest artist ever.
2690  Alternate cryptocurrencies / Altcoin Discussion / Re: Have you heard of blockbank project on: January 04, 2023, 10:20:12 PM
I have been in the market for 2 years now
Stumbled on blockbank project when it got their token bbank listed back in 2021. I've bought and the market crashed and I bought some now since price is low
I've been watching the project closely I think they great potential
What are your thoughts about it
Googled it and i dont see anything revolutionary in this. Why would this be anything else then that has been done 100 different ways already.

Also teams who list their token on Bitmart as their first choice don't know what they are doing and that's a red flag for me. They would be better of keeping their token on DEX trading with just a contract address to be more credible. Listing to CEX isn't a good thing when CEX is known for fake volume (it was stupidly visible in the orderbook spread activity, low liquidity, high volume).

Also bitmart is shady as hell. If team doesn't know this, they are not taking their token very seriously.
2691  Economy / Economics / Re: [Article] Good job, internet: You bullied NFTs out of mainstream games on: January 04, 2023, 09:34:44 PM
People always mocked what they don't understand, especially when there's money involved and for something that's never been done. The combination/recipe is just too much and it was unavoidable.

I think success of NFT is tied to success of crypto, without adoption of Ethereum or other platforms that host NFTs, they couldn't become widely popular.

NFT is part crypto. It couldn't be NFT without being crypto, it's just a protocol for a non fungible token instead of normal fungible tokens. You make it sound like a seperate world.
2692  Alternate cryptocurrencies / Altcoin Discussion / Re: Islamic Coin, a Fact or a Delusion for Hype. on: January 04, 2023, 07:53:49 PM
1. Will this be acceptable by non Islamic users to also participate in using it as as a currency?
I think the proper question is, would this be acceptable even by Islamic users as a currency?
The audacity to assume that religion needs their cryptocurrency and islam parctisioners would choose them is just mind boggling.

If the video from their tiwtter accoint that man says that islamic coin is giving back to islamic community by donating 10% of mined coins will be donated to Evergreen Dell, and in their telegram there's a pinned message where they are warning about mining scam, that they never had or will never have mining. So i guess that's enough for me.




2693  Other / Politics & Society / Re: Dealing with low self-esteem on: January 04, 2023, 07:28:21 PM
Self esteem is the way we regard ourselves, the values we place. Its normal to criticize ourselves once in a while, but where low self-esteem creeps in is where we constantly degrade ourselves or judge negatively.
 Low self-esteem constantly leaves one feeling inadequate; always striving for perfection. This attitude can sometimes push one into depression, hopelessness and even entertain suicidal thoughts.

 I've seen peeps who go out of their comfort zones just to lead a lifestyle which they believe is acceptable by their peers and lose themselves in the process.
 This is so sad as most people dealing with low self-esteem find it difficult to appreciate themselves, always downplaying their positive attributes and abilities, regard themselves as inferior to their peers and so on.

 Although there are ways to help peeps dealing with such a feeling such as
- building positive relationships
- appreciating and complimenting yourself and all that. But it's looking like it's not enough because whether we believe it or not, it is slowly depriving us of active and innovative minds that have been held prisoner by low self-esteem. Your input would be appreciated.
Choosing wrong people to hang out with is pretty much worst thing you can do your self-esteem. Luckily in most cases in life, you can choose your own friends.

But even in healthy relationships you still need to do most of the heavy lifting and emotional work yourself. You need to work hard on yourself and with your feelings for that healthy relationship.

People with low self-esteem often make the mistake of getting hooked on pity as fish out the complementaries from people around them. Occiasionally everyone likes some comfort but for people with low self-esteem that's like heroin. They still need it. Even more then rest of people

But as it takes away their problems and makes them happy, they get hooked, specially when they don't need to do any work for it. (except to hint and sort of beg for compliments), But not by asking, just by insisting how am ugly or loser, etc they think they are themselves.

This however is counterproductive as self esteem doesn't come from inside themselves. They need a another person giving it to them constantly. And in a worst case they don't see how heavy and taxng this behaviour is to their friends. Lifting someone up constantly isnt healthy. If they don't pull their weight, it gets too heavy and those new friends are sadly leaving too.
2694  Alternate cryptocurrencies / Altcoin Discussion / Re: How to identify next bitcoin or FANG on: January 04, 2023, 05:06:48 PM
I was first heard of bitcoin in 2018 when I was earning some small money from PTC sites and I seen a option of withdraw through bitcoin and i thought what is this bitcoin and not studied about bitcoin I  thought it is also a payment system of other country I missed it at that time when btc was so cheap , I today regret it not researching abut it ,
my question is i missed bitcoin and many people missed FANG and more big earning opportunities.
how anyone can identify it is a revolutionary idea at it's initial stage .
today also some people with big unique idea trying to make a revolutionary product at any corner of world how we can find these peoples
they also discuss about idea and working together like satoshi
Main error is that people are looking for it to be something similar. Eth wasn't another bitcoin even if it's considered a cryptocurrency. Facebook didn't try to next next anything, Mark Zuckerberg just build facebook because there was demand for it. Don't try to look for next anything, you'll be looking from a wrong place. Innovators create something completely new, not +1 or second something. That's how you recognize potential new breaktroughs.
2695  Alternate cryptocurrencies / Altcoin Discussion / Re: The founder of Clucoin just quit after admitting to have gambled investors fund on: January 04, 2023, 04:56:00 PM
I visited their telegram, and i didn't even know they had such an active community.
And apparently way before this reveal there was someone in discord calling founder out and asking hard questions and he only got banned for FUD

One thing most communities does wrong is not being able to seperate critique from fud. I've been kicked out from many failed projects just by pointing flaws in their tokenomic game theory or just pointing out math errors, if they don't know that their marketing tactics are illegal or other red flags. I've been screwed over so many times that at least i want basics to be watertight before investing.
2696  Economy / Gambling discussion / Re: Are you a lone Sports Bettor or a Team Sports Bettor? on: January 04, 2023, 04:18:41 PM
Actually there are no tips to win everything even expert analysis cannot be trusted because sports betting sometimes results beyond expectations even though we are confident that the favorite team will win against a low reputation team, so there is no need to place big bets in your chosen team match, just pair low stakes so that you are excited to support your favorite team in that match. But single sports odds or fighters have high chances of winning the fight based on proper expert analysis.
By no means i am not looking for only winning bets, but if the total of wins would be over 50% (i am guessing this is wishful thinking), then it would be way higher then my current success rate. But i am guessing there's no such place because then everyone would be supposedly making money and that's just unsustainable and defeats the point of gambling. Money has to come from somewhere for the winners.
2697  Alternate cryptocurrencies / Altcoin Discussion / Re: What will be the next crypto craze? on: January 04, 2023, 04:12:38 PM
Whales will have a huge influence on the market and it is really hard to know what will gonna happen next year. But for me, it was not a big surprise seeing other scam projects, and other crypto issues. In fact, we are not even sure if one of the top exchanges will follow FTX someday.
We're not going to discourage newcomers to invest in crypto and use exchanges but at this time, we have to be more cautious in choosing a project to invest in. And most of all, never trust our funds and stay in the exchange's wallet for a long time. We should consider the FTX issue as a thing to ponder. NFTs are not a good choice either.
Some big CEXes will fall again in the next cycle. That's you can take pretty much for granted. But about being cautious... We are not going to be cautious. I remember after ICO frenzy that everyone was saying crypto is going to be less scams but more regulations because we got wiser now. I remember thinking, wiser how? It will most likely get worse because with money there will be some scammers.

Well there's even more scams and stupid memes now and next cycle even more. But as people will make money with those, more people will join and it will just grow exponentially like a scamming snowball
2698  Economy / Gambling discussion / Re: Are you a lone Sports Bettor or a Team Sports Bettor? on: January 04, 2023, 03:42:05 PM
A lone sports bettor, in my opinion, is someone who does not rely on another person to interpret the odds and advise them which sporting event to wager on. Before placing a bet, the lone gambler conducts his own study and analysis.
 
In contrast, a team sports bettor, in my opinion, is a member of a betting community or group on Telegram, Facebook, or Twitter that is led by a self-described expert in sports betting. He or she chooses the game on which to make their wager after conducting the necessary research and analysis on their behalf.

Which of these categories do you belong to and why?
I am not experienced enough to know where i could get good tips, so i am doing my own research on players / fighters. So far with mixed results, but i guess it's good thing i don't get too over confident. If i would have won everything i would now probably playing with bets too big for my budget. Now i am not so cocky and in it for the luck and fun of watching games/fights live at the same time.

But i am going to check this thead if someone has posted some good sites that makes analyzing for me.
2699  Alternate cryptocurrencies / Altcoin Discussion / Re: The Dev is not your friend, so be careful. on: January 03, 2023, 10:48:52 PM
Often as a newbie, when you see a new project you are tempted to invest in it. Why I agree that not all new projects are scam, always ensure that you do your own research before putting your hard earn money into a project, otherwise you will wake up to discover that the devs have disappeared with your money.

I have a personal experience, a friend and a mentor told me about a new project that was looking very promising, he advised that I invest in it. So, I did even without doing my little investigating, not too long, the dev pulled out liquidity and that was the end of the road for the project.

So, that's how I lost my investment in that project, though I didn't put much, just about 10$, but a lost is a lost.


Please, be careful out there, the devs are not smiling
 And if you must invest in a project you are not too sure of, always put something small, don't go all in, you might end up regretting.
I refuse to call those people devs, as they are not developing anything, they never even meant to do so. Everyone who is pulling out liquidity is just a scammer. Anyone can create a token, you don't need to be a developer to do so. And these days they can pretty much do every step of design with ai. Make AI to write generic crypto whitepapers, roadmaps, descriptions... And spice it up with Midjourney's AI graphics. So they don't even have to even work on that anymore.

That's all they are. Scammers. Dev starts being Dev instead of scammer after he starts developing. That doesn't rule out scamming in the future though.
2700  Economy / Economics / Re: FTX Drama and Global Empact on: January 03, 2023, 10:34:47 PM
That's a long wait for the trial, SBF's camp will already formulate how to get out of this mess by that time.
And also, they may resolve this silently, this will be unfortunate for all those users who lost their funds from this exchange.
It will be a long trial and I don't think SBF will return the money to its users. It will be another sad reality in crypto business.
I was really thinking that SBF was on the level of Vitalik/CZ when it comes to business/technology mindset, seems very far from both of them.
Huge legal cases like this take time. Even if the court date would be set, it's only the first day. This could take years for all we know. As far as i know Bitfinex hack trial isn't over either and it started ages ago. There's lots to prove and SBF's dad is a lawyer so he is most likely prepping him daily now no make it harder for them to prove anything.

SBF would need to be very stupid to hide any money now, as he might even avoid jail if that money is found and play i am just a dumb kid card. Which he seem to have done for a while now.
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