I'm certain Dogecoin isn't a scam. Especially when original developers intended it to be a "joke". Not to mention, it has a large community backing it since its inception. What I would call a "scam" are the bunch of other coins that appeared right after Elon Musk "pumped" DOGE all the way to the moon. I'm talking about Shiba Inu, Floki Inu, Pepe, etc. Such coins won't last a long time because the ones behind them are only interested in profits (not because they want to get seriously involved in development/innovation).

If you put your money into "meme" coins, you should be prepared to lose all of your money in an instant. They're a "high risk, high reward" investment. Why not choose BTC or ETH instead? I won't be surprised if 99% of "meme" coins die in the future, as people move onto the next big thing in crypto. Just my opinion

Of course. Reliability is a must. Especially if we want "Wall Street" to "pump" market prices all the way to the moon. As I've said before, the upcoming node software release for Solana (Firedancer), should fix the network's inherent issues once and for all. At least, that's the goal. I sure hope developers focus on quality instead of quantity to make Solana a real ETH contender in the long run.

For a coin that suffered dearly from the FTX implosion, and constant network outages, I'm surprised to see it among the top ranks in market cap. Anything's possible in crypto land, right?

Funny thing is that nearly every crypto exchange has an LTC trading pair. That's a good sign of how healthy the Litecoin market is. No one may be talking about LTC's upcoming halving event or its limited supply now, but that might change in the future as crypto/Blockchain tech goes deep into the mainstream. The approval of spot Bitcoin ETFs were the first step towards exposure/publicity of the whole industry. If things keep progressing, it's likely LTC will experience a new ATH in market prices.

The sky is the limit to how far Litecoin will go. At least, it's a far more decentralized alternative than Ethereum or Solana. As long as there's a community backing the project every step of the way, there should be nothing to worry about.

That's the idea. To be able to gamble online regardless of government regulations and/or restrictions. Decentralized casinos don't require KYC, and are usually governed/managed by the rules embedded within smart contracts. A few of them don't collect profits for the creator of the contract (making them fair). I sure hope we get to see more decentralized gambling dApps that would make gamblers' lives easier. Particularly those living in restrictive countries such as China and Russia.

With the future set to be dominated by AI, the Blockchain, and Quantum Computing, I wouldn't be surprised if decentralized gambling replace (or becomes comparable to) their centralized counterparts in the long run. Just my thoughts

You forgot to mention Garlicoin, and Monacoin (not to be confused with the copycat "Mona"). The first one is relatively new to crypto land with a limited supply of only 69 million units. It's completely different from the average "meme" coin. But it has a low price due to poor marketing/promotion efforts, and inactive development. Then we have Monacoin which is a very old "meme" coin often admired in Japan. This last one has survived, despite the fact that other "meme" coins have taken the crypto world by storm.

While investing in "meme" coins is a gamble, it wouldn't hurt doing DCA for short-term profits. For something more serious, Bitcoin is the only solution. One thing is certain, and that is no other "meme" coin can outmatch Dogecoin in terms of market cap and price. It's like saying Ethereum or Solana will overcome Bitcoin in the future (which will never happen).

Of course. The SOL blockchain must focus on stability/reliability if it wants to gather "Wall Street's" attention. Why would anyone want to use it in the first place (other than whales)? There is hope that the new "Firedancer" node software would provide a permanent fix to the network outages. At the time of this writing, the SEC delayed the application for Ethereum spot ETFs. Don't expect Solana to get one before Ethereum, though.

Nevertheless, the future is bright for the whole crypto/Blockchain industry. If SOL went from ~$20 to ~$120 a few months later, it could easily reach a new ATH with the spot ETFs. In crypto land, anything's possible. It wouldn't "hurt" to "hodl" a few SOL tokens, right?

The blockchain could improve if developers put their efforts into it. There are rumors that a new third-party node software (Firedancer) will solve Solana's network outages for good. If that happens, we should expect SOL to become a reliable cryptocurrency for payments and all things "De-Fi". I would never compare it against Ethereum because of it's semi-centralized design. But nothing can beat Solana in terms of cost-efficiency and performance.

Imagine how big it will grow with the approval of a Solana spot ETF by the SEC. The sky is the limit to how far will the cryptocurrency go. Crypto land often behaves in many strange and bizarre ways, so expect the unexpected.

That's true. Litecoin lacks marketing compared to the rest of the pack. I think that's a good thing because it forces the project to focus on utility, instead of hype. The cryptocurrency goes up in price at a slow and steady rate. With relatively-stable market prices, LTC could be the crypto of choice for those looking into a reliable store of value that's truly-decentralized. "Wall Street" already joined the revolution with the Bitcoin spot ETFs, so there's a high chance Litecoin will get its own ETF in the future.

I'll see you in the next bull market. Maybe Litecoin will finally get the attention it deserves?

Some smart contracts are built this way. The developer can decide if he/she wants the profit to be transferred to his/her address, or remain on the contract itself (to pay for gas fees, etc). Decentralized gambling could have a future if governments start cracking down on centralized gambling sites (particularly those dealing with cryptocurrencies).

Gamblers will ultimately decide which kind of casino or gambling site is best for them. As long as gambling is done in a fair & responsible way, nothing else matters.

It keeps restarting because it's a "shitcoin". If it was a serious project, developers would've addressed the network outages by now (with a permanent fix). They're now hyping the launch of a third-party node software (Firedancer), claiming it will fix Solana's problems once and for all. I'm yet to see whenever that will be the case in the long run.

With Solana being an unreliable chain, it's best to look for other options. Why not choose Polygon instead? It's cheaper, and faster than Ethereum. Best of all, it has been running smoothly since launch (if I'm not mistaken). It's a "free market", so time will tell us which coin wins and which one goes all the way down the drain in an instant.

Cost-efficiency is NOT a guarantee a crypto project will be successful in the long run. I've seen many "shitcoins" with cheap fees and fast confirmation times, only to be forgotten because of lack of development and innovation. Remember, it's not about the hype. But rather the utility of any given cryptocurrency.

I'm afraid TRON will die soon, especially when investors prefer other coins. It's been years without any substantial movement in market prices. It would be a "miracle" if TRX hits $1 in the future. The competition is fierce, but there can only be one winner. And we all know no one can beat the "King of Altcoins" (ETH).

Of course. It has always been about power and control. If China adopts the revolution, it can increase its chances of global economic dominance. That's assuming it moves quickly in embracing crypto/Blockchain innovation before anyone else. The US could be left behind in the dust with its uncertain crypto regulations.

China is already one step ahead with the launch of a CBDC (the eCNY). It could support its economy by secretly mining Bitcoin. Russia could be doing the same. Who knows how China's Bitcoin mining operations will fare in the future?

That's not a problem. Especially when you can trade XMR to another cryptocurrency through a DEX or instant exchange (Changelly, FixedFloat, etc.). If there's an online store that doesn't accept XMR, you can convert your coins to one that can be used as payment method on the platform.

The main reason why stores don't accept XMR directly is because of fear from the government. They're afraid the government will shut down their business or hold them accountable for performing transactions that can't be tracked or traced whatsoever (which opens the door to money laundering, tax evasion, etc). It's the "image" Monero has for being a privacy coin. At least we know what to use once central banks take down paper money for good.

You can always verify the smart contract's code to determine if it's safe. That's assuming you have some level of technical knowledge (particularly in programming). If you don't, you'd need to make sure smart contracts were audited by a reputable security company before launch. I know decentralized gambling is far from perfect, but it's a good alternative for those living in countries where online gambling is illegal.

As far as I know, gambling dApps don't require KYC. However, you can get flagged or traced by the government within the Blockchain itself. That's because most blockchain networks with smart contract capabilities don't have built-in privacy features. I'm talking about Ethereum, BNB, Solana, and the likes. Maybe developers will solve this by making use of ZKPs (Zero Knowledge Proofs)? Until then, centralized gambling would be the preferred choice of many gamblers. Just my thoughts

Received. Thanks!

Thanks to the inception of smart contracts, we can now enjoy decentralized gambling in a provably fair way. I've used a few gambling dApps in the past, and the experience was great. Except now that dApps charge high gas fees (on ETH) due to increased network congestion. But with L2 scaling solutions and alternative chains, this should no longer be a problem.

Do you think decentralized gambling dApps will eventually replace their centralized counterparts? If not, why? Which do you prefer? Centralized or decentralized gambling? Your input would be greatly appreciated. Thanks.

If Ethereum gets its own spot ETFs approved by the SEC, do you think the same will happen with Solana in the future? I mean, Solana is the most popular smart contract Blockchain after Ethereum. It rose exponentially in price over the past few months. If spot ETFs are approved, market prices will soar all the way to "Mars".

What do you think? Will a Solana spot ETF become a reality? If not, why? What are the odds for approval? Your input would be greatly appreciated. Thank you.

For once, Ethereum was one of the most decentralized cryptocurrencies after Bitcoin. But things have changed with the switch to PoS. I think Ethereum is now dominated by VCs, institutional investors, and companies alike. They hold a large stake in the network. ETH could make you profits if it keeps rising in price. But what use would that make if the network itself is centralized? Most people want to make money instead of focusing on what matters most. Only truly-decentralized crypto projects will stand the test of time.

I couldn't imagine what will happen with ETH after the hype ends (or worse, when Vitalik Buterin is no longer with us). At least, the code is open source. With forks like Ethereum Classic, and ETHW, we can still relive the good-old days of ETH. We can't predict the future, can we?

It's been proven from time to time that money doesn't make people happy. I've heard stories of rich people falling into depression and even suicide. To live a fulfilling life, you need a lot more than just money. At least, having money allows you to survive in this world.

Why focus on accumulating wealth when you won't take anything with you after you die? If you don't have any heirs, all of the money you've accumulated will be long gone. Be aware that "money is the root of all evil". Just don't let greed take control of your life, and you'll achieve true peace of mind.

The only way there would be a "smooth running of the global markets" is if geopolitical tensions and wars come down to a halt. And I don't see that happening anytime soon. Until Russia stops its invasion of Ukraine, and the Israel-Hamas conflict comes to an end, things will only get worse. The US has been showing signs of weakness for quite some time now. I believe the Biden administration has been the worse by far in its handling of foreign policy, the economy, and domestic issues.

One would hope a change in leadership would make the US stronger in the long run. Otherwise, we can say bye-bye to the US as the world's leading superpower. Its replacement could be either China, Russia, or the EU itself (in which France is gaining traction). We're living in uncertain times, so lets hope for the best.