Yes, everyone involved in the crypto industry is trying to manipulate it. Not all manipulating is nefarious.

Most likely they have offered platform for it at some point. They will close accounts if asked to, but i have a feeling that they aren't complying as much they should. Lawsuits against them are troubling to say the least.

If you mean that they secretly use investors/traders money to pump the price? That doesn't make any sense to me as a tactic. They would just lose solvency


Similar to FTX. But i wouldn't be worried about users only. It would be an extreme event and i would short everything i could in somewhere else. And after that i would leave crypto for years. Because recovery would take a long time.


That article seemed very biased against Binance, sentences like this are just ignorant:

What an earth is that writer even thinking. What does he thinks "extreme" means?

Right, there indeed is the learning curve for unneccearily complicatez tech when it comed to tech but se can Day this for most things in crypto including wallets. Things have been changing for the better. Before metamask it would have been nearly impossible for adoption, and whole metamask has become better, it's still suspicious and unfamiliar to regular people.


Dexes will become regulated there's no question about that. That however doesn't need to take away decentralized tech under it.

Only way BTC could drop to $100 would be total ban of pow coins and removing them from CEXes completely. I can't say this wouldn't happen but BTC have ton of lobbyists behind it and there's a possibility that free new clean energy comes along before it comes to that. At that point there would be no sane arguments against PoW. BTC won't ever hit the zero as crypto geeks would trade it between themselves even if it wasn't in any market. But big players would be gone and recovery would be near impossible after that.

ETH or fork of bitcoin or other altcoins would have taken it's place and we would have very different athmosphere in crypto. I mean we are talking in the BITCOINtalk forum.

Maybe people don't see the irony that with open blockchains everyone can track you. Which is one of the main reasons bigger companies avoid to use it as payment. They need confidential transactions to prevent front running in the markets for example.

It wouldn't be that different from the current banking systems regarding of privacy. I mean it will be more cost efficient, faster and as a standard, it can be easier to implement to everything. And it would make some current third party payment systems irrelevant. Monitoring is only one reason for it. They are already monitoring money transactions and privacy or pseudonymity on those is pretty much gone with physical cash money going next.

That's not the reason, there has been such coins and tokens, they have all died because they are pointless scams.

This is not important and makes zero difference. You are scamming ignorant people with this nonsense. Shame on you.

Ok i laughed a bit. Did they contacted you Via telegram ? was Goldman Sachs taken so they went with just one Sach?

I can make up stuff too and erite nonsensical or generic white papers. No wait i don't even have to do that. Ai can do it for me.

Let me put it this way:

Why would anyone pay $17k for one full bitcoin when it doesn't even come with an Image attached to it?

People seem to be pretty unaware that they are using same exact points to point out how ridiculous NFTs are that nocoiners are using to ridicule all crytocurrencies. Those are also just marks in ledger, just like NFTs.

Right now they are burning their own tokens and correct me if i am wrong but they are not buying them from the markets and selling. They are burning gambled tokens and their own. There was a time when they burned auctioned tokens by players but i don't thin that's happening anymore.

But how could it go to zero? I know one other token (unu sed leo) where exchange is buying it from the markets and their technical goal is to buy it all and burn it, so they are buying it slowly from the markets and in theory the price should rise when people refuse to set up low sell orders and set them higher and higher.

In theory, eventually the price would just be too high to aquire even full token from the markets because it would be so expensive.

I am kinda hoping that betfury had this approach as well but that would require them to buy it from the open markets with their casino profits and that they would legally commit to this tokenomics model.

I am only speculating what could be coming, and sort of hoping it too.

I am guessing you are talking about physical casinos where you walk in, because there are ton of live dealers in the internet accepting crypto. However i don't see much significant advance of not having fiat money in the middle of it as it's liquid like no other form of payment.
And you are gambling with casino tokens anyway, it's not like you would be gambling directly with crypto on physical casino.

And you can cash in your casino tokens and buy crypto or sell your crypto, and buy those casino tokens with your fiat money. It's not the same, but if physical casino accepted crypto payments they would most likely sell your deposit instantly and convert it to physcal tokens that represent fiat money and that you could cash out in fiat money.

From the view point of casino just the taxation issues of it all would be nightmare addon of extra work. And just to deal with old timers and explain the liability issues / risks of having their own wallets and what crypto should they choose or not to choose if they don't want to lose everything would be a hard job.

In the internet it works with crypto natives, so maybe it will come to casinos some day when people are demanding it and experienced enough.

Well chart i showed tells a different story. On the exact day UST depegged and crashed, the WHOLE crypto marketcap lost 117 billion in a week. And even more in the coming weeks. FTX was nothing compared to that. And speaking of power of one man, when elon denounced BTC and apparently telsa started selling crypto, whole crypto marketcap lost 182 billion in 9 days. Not even war in europe has affected crypto this fast. So i wouldn't say they had a small role.

Could you list those other events that affected on crypto at those same weeks i responded to JoyMarsha about?

Sure, busd has 10+ billion  U.S. Treasury bills on their reserves and what was it again? Maybe 1 billion un USD. I can issue a high marketcap stablecoin if you give half of that for rhe reserves

I will even develope the appi for free on top of that.

But i am guessing that you are short of petty cash since you are asking that in here.

Short answer is no. You are not getting your own stablecoin by asking. You will only get scammed if you get offers for that.

Except we went up to ATH right in the middle of covid lockdowns. And i wouldn't brush this off as just another crypto thing.

The whole scene will look very different during next big bull. KYC will not be optional for much longer.

History is bound to repeat itself and this time regulators will come to make sure we don't have to learn from it.

So at least we should know what happened. Because this was very much on the different scale. We are in the spotlight of the world and there's less spectrum for freedom.

When people say that FTX was the worst thing that happened to crypto in the long time, maybe we should back up and get some perspective on that. Things were already messed up. As in comparison, total crypto marketcap was thriving during covid and recovered almost instantly to ATH after tesla dumped their crypto. But LUNA was the thing that broke everything. FTX was nothing compared to that.

Do Kwon is still on the run in Serbia of all places, except he denies being on the run. I am guessing he chose Serbia because they don't have an extradition treaty with South Korea, but that seems pointless when he is internationally wanted by Interpol now. So it's a matter of time before he gets caught.

But while running, Do Kwon, Su Zhu (founder of 3 arrow capital) are blaming SBF and even US Federal Prosecutors are investigating SBH for his involvement in the UST crash.

Now i would like to very much like to blame Kwon for UST as he was warned several times about issues with it but he was just too arrogant and annoying to take the threat seriously.  But if SBF had anything to do with this, then not only is he blamed for FTX crash and bear run after that, but he just might be the man behind the WHOLE current crypto downfall.

It's excatly as risky, and of course i have tried it. I tried most of the tactics when i build myself a bot in bustabit (scripting is allowed in there).  I thought i find myself a money machine until i finally lost all my bets and started to read more about these tactics. They all fall under gamblers fallacy because there's just no way to beat the odds when they are set for the casino. You are better off going with pure luck, because that's what martingale and reverse martingale comes to too.

Please elaborate on what those other inferent problems are, because solvency is the only thing that comes to mind. Because if stablecoins are solvent they work exactly as they are supposed to work.

Or are you talking about the centralized connection to fiat money and that they must have technically reversable transactions? That's unfortunately unvoidable when you are talking real life assets backed stablecoins and there's no way around it. But aml regulations are going to be very tight for cryptos with permissionless transactions as well.

And if FTX.US is going to be fine, what that would mean for FTT token? There actually could be some sort of recovery at some point after people aren't afraid that it will go to zero. But that could take time and i am uncertain if. Although i don't personally think that FTT has enough demand whene its utility is only related to FTX ecosystem.

I didn't understand anything about this.

Are you asking that could someone build stable coin and app for you? What app?
Stablecoin is not a normal token anyone can just pull off because they can make a token or a coin. That requires some next level resources.
And why would anyone build you anything for free? Especially when you are not even explaining what you need.

I have a hard time decrypting what your point was. But one of the rasons adults won't give their kids freedom (and guns) is because we are responsible for them, that's what being a parent is; being responsible adult.

Kids brains are not developed enough to make life altering decisions by themselves so obviously we wont give them as much freedom as they would like.

Oh the experts from the internets? Why is it so hard to provide sources when yo are saying stuff like this. Also what are you talking about that they wouldn't be interested in northen Europe? Says who? Northern Europe countries like Finland was Lenin's one "mistake" and Putin has told he wants to fix the mistakes Lenin did. You just throw words on the screen without explanation or reasoning or links and hoped some would stick. You are not making any sense.

"Sounds like you are making this up."
- The experts of the internet 2022

You should take CDBC in same way as you take USDT, isn't decentralized either, and no one is even saying it's decentralized or "crypto".
But difference in CDBC would be that people would actually trust it. It wouldn't need to be backed by fiat as it would be fiat.

However there isn't yet a blockchain that would work in a way that would keep regulators happy about issuing CDBC into it. So far every experiment on it has pretty much failed. I could still be years away.

As a composer who knows composers, they just pick and choose or order a song from someone who composes tunes for work. Whole net is flooded by talented composers looking for work or to sell their songs so you can probably find something cheap. But if you want quality work you have to pay for it.

Royalties depend on various things. If composer is part any copyright society casino automatically has to play royalties, but it's not much as it's per play per listener. Net streaming has turned royalties to crap. In normal radio they were much higher. Then there obviously are fiverr type services that could basically sell the rights of the song with one time paymenr so casinos wouldn't need to pay anything after that. Also it could be that slot machine team has their own composers / audio effect guys that work for the company. That's what they have been doing in gaming and films. They just hire experts to work with them.