Getting bored with crypto gaming projects, I'd like to make money out of something fun to play but with crypto games it's really about the money you will make out of the games, I've not seen real good game Devs utilizing the power of blockchain or maybe it's my taste of games that im used to, I just still prefer spending more time on my Xbox than crypto games because it's more fun than crypto games
Thats not surprising because those P2E games like Axie are not design for that purpose, unlike those in Xbox which is design for entertainment that can add more excitement and pleasure and it was also very good in terms of graphics and design compared to Axie while those P2E games are more on investment and earning purposes so each individual has its own reason why they use to play the P2E games.
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I believe that fraudsters are still under the same roof in forums that have given us a lot of experience or lessons about crypto.. I ask is there no follow up with punishment like real life cheats? and is there a way to work around this so that we are not deceived and lose money, especially the loss of our crypto assets.?
In reality, cryptocurrency fraudsters are very difficult to punish because of the crypto nature and how it was function one of its features is privacy because of this functions many people think that its okay for the project's team to remain anonymous while doing fundraising like ICO's, etc. and because of it many become a victim of exit scam and rug pull projects mostly from the anonymous team members.
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Brussels member of parliament Christophe De Beukelaer became the first European politician to accept his salary into Bitcoin. The MP converted to Bitcoin using the Bit4You (crypto exchange platform). The Belgian MP will convert his monthly salary of EUR 5,500 to Bitcoin. Beukelaer hopes his adaptation will inspire other politicians to show a similar interest in the crypto industry. He said: “New York City Mayor Eric Adams has spent three months collecting his Bitcoin salary to make New York the Bitcoin hub. I think it is not too late for Brussels and Belgium to play a leading role in the cryptocurrency industry." Source: https://cointelegraph.com/news/belgian-mp-becomes-first-european-politician-to-accept-salary-in-bitcoinThat's a piece of good news and can give an inspiration for those who are still doubting cryptocurrency as an asset class because these people are working with the government that's why their crypto support can tell meanings and I believe it matters because they are from the government itself so I'm hoping that these trends will continue further and spread in all governments around the world if it's possible.
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Can CBDC be classified as cryptocurrencies? If no what is CBDC running on? I mean what engine will CBDC runs on if not blockchain? Some are already saying CBDC is just like USDT what's true what's not?
If we set the Chinese digital yuan as an example of a working CBDC, I think it was very similar to cryptocurrency because Im sure they will also use the Blockchain technology for that development, as they say, But since it was a CBDC and issued by a central Bank it means it was pegged or tied up to the value of that particular fiat currency which the Yuan and also it was a centralized digital currency and also it was very similar to a cryptocurrency.
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I think some airdrops from reliable projects can be trusted and still have hope, But the truth is most of them are just fake and totally wasted, While in terms of bounties I believe that most bounties nowadays are not reliable and it was changed a lot compared before, because the budget of most bounties was reduced too much but the ironic part is the bounty managers is allowing too many participants for just a small budget bounty and in the end participants was just receive only a few peanuts. so I think doing bounties nowadays is just like a gamble if we get lucky enough we can hit the jackpot.
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Ok I really wanted to understand this behaviour of alt coins when recently during this crash many alt coins were double digits down with bitcoin but when it is recovering a lot of them are hardly even moving. And this is really issue with alt coins why is there such behaviour?
IMO Its because Altcoins are not tied up with Bitcoin in terms of price and value when Bitcoin price moves up, most Altcoin prices will remain the same while others are slowly catching up because each project has different purposes, functions, and prices drivers while in some other cases the community itself can be price drivers on any altcoins if they can pump it.
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Hello everyone i want to ask that investing in new and gaming projects has worth or not because to many scams projects now a days and i am afraid of losing money. I wanna invest in cyberclassic and this project looks really amazing and unique and the way they described whitepaper and website the team looks professional offered game on mera verse and also some nfts or staking with pools but need some suggestion on this may be you guys know better and can give a better advice. I also share you white paper and webiste of this project. Thank you Website: https://cyberclassic.io/whitepaper: https://cyberclassic.io/whitepaper.pdfIMO, I believe each of every project in the crypto industry is associated with risk whether it's an ordinary crypto project, Defi, NFT's GameFi, etc all have that risk so it is your own action that can determine your fate in the future it's better to avoid those shady crypto project out there it is good to do a little research about the project that you want to get involved, for example, that "CryberClassic" that you mentioned do you believe in that project? do you have confidence in that project? things like that are very important so good luck to you?
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IMO, It's not surprising because in the very beginning IMF was always saying negativity about Bitcoin and even mounted pressure on El Salvador to remove Bitcoin as a legal tender and I think IMF will not stop until it will succeed because they have a sphere of financial influence since IMF is a creditor and Im sure El Salvador has also debt and liabilities in the IMF so it was a complicated story but let us wait what is the next action of El Salvador leader about this issue.
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IMO, I think it's true because Solana was just a newcomer to this industry but if we look closer now into the platform's achievement we cannot ignore its popularity and strong community support thats why Solana is full of hype because they manage to reach that huge achievement in just as early as today, unlike Ethereum because the platform has struggled so much to achieve what it is today.
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I believe that was a good move for Etherscan developers because it gives more additional functions, and it was slowly evolving from just a single-purpose platform into a multi-function platform by adding some additional features like the BlockScan chat so all I can say is it is not finished yet I believe we can expect more product development from Etherscan in the near future.
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IMO, I think it is up to everyone in the community because in myself I believe Ethereum is already great even before! until it was changed when the expensive gas problem has become the center of controversy and problem in the Platform. I don't care about those delayed and blah blah about the Eth. 2.0 development all I care about is sustainable, smooth, and much cheaper transaction fees.
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I think it's not, but the underlying technology that cryptocurrency was used is maybe useful to any country that adopted it because Blockchain is useful in promoting transparency that's why it's not more on the crypto thing but on the technology itself so let us say that cryptocurrency is not that important because it's only a choice the more important is the technology.
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The world of technology is evolving every year what if in future a new tech is been born that can kill crypto or works better than crypto won't this kill cryptocurrencies?
Also I heard that super computers can get through all crypto wallet keys easily in a matter of days, true or false?
It makes sense but I don't think it will kill the crypto industry that fast and Im sure the industry will cope with that threat and that's for sure because the underlying technology that crypto was using is also evolving through time so it means a lot, those so-called quantum capable computers were still in prototype development and it takes time before it was perfected.
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In 2021 I remember the highest gas that I was paid was $78 on Uniswap and that's the last time that I was use the Ethereum Network because I temporarily stopped using it but lately the fees were dramatically reduced that's why now I was able to use it again and pay gas worth $20-25 dollars but still it was high compared to the most leading Blockchains in the industry which is not good for long term.
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Why not? Whats your predicts ?
IMHO, I believe in the crypto industry everything is possible that's why $8000 per BTC is also possible but it depends on a number of reasons, and I'm sure it will not happen overnight, But if that really happens in 2022 I'm sure it will show some signs before that so-called price speculation will turn into a reality. My prediction is much higher than $8000, I believe the BTC price will be settled in $18000 dollars but it was just my opinion, and let's stick to that.
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IMO, I believe if the Ethereum developers will remain deaf to the appeal of its users and still not fix those expensive transaction fees, they might wake up someday that most of its users are gone and already jump to other cost-efficient networks. as we observe today the crypto industry nowadays has changed a lot because of the strong competition that's why the more they delayed the Ethereum 2.0 implementation the more they will loosen its grip and the dApp market domination.
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IMO, I dont think it's good to invest in meme tokens because they are mostly driven by hype and no real use cases that can spur demand that's why it was more vulnerable to price dump, there are more good projects out there just choose the good and avoid investing those shit meme token projects because it will ruin your future Anyway some of meme token projects have shown resiliency like Dogecoin and Shiba, etc. but most of it is just useless and wasted.
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Hi everyone, I would like to hear your opinion on why a large number of people continue to use DeFi of Ethereum, if it is possible to use the DeFi of other ecosystems with lower fees, faster transaction speeds and better APY for farming in DEXs.
Just to give an example, if people use Aurora (EVM that runs on NEAR Protocol), they will get really cheap gas (0.01$<), almost instant transactions, and great APY for farming liquidity.
IMO, I think its because Ethereum is the oldest smart contract platform in the crypto industry that's why many users are still using it in the name of loyalty and of course, Ethereum Network is much more decentralized compared to other smart contract providers so for me it's a good reason to stay in Ethereum despite with its problem on expensive transaction fees.
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Hi My company was forced to close because of COVID-19 Is there anything I can do with cross-platform advertising experience that involves cryptocurrency?
I believe you can as long as you are knowledgeable about that field, the crypto industry has also a huge advertising market potential and as we have seen today crypto advertising is one of the good sources of profit by the number of sites so it is up to you now you should switch to digital form of advertising because crypto ad has more suitable in a digital form because of its nature and particularly on the internet.
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After tested to max. pain limit during last 3 months and continuously suffering financially and mentally, I think the retail users have given up. If so, this is not good scenario. If soon there are no new & much positive vibes in the market, the things can go lower. Is not?? But my point of view is that in the highly sophisticated and versatile market there is a clause who stand till end will grow with market growth.
IMO, I believe that most of the retail users are always doing that ever since they are just in and out of the market and I believe that's normal, so that was not the main reason why the price has declined as much as it is today because as we know the market reacts in the news around us like the pandemic, regulations, wars, etc. factors like that are one of the many reasons that can influence the price movement.
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