Of course a fruitful combination we had the Chiliz project is the world's leading blockchain fintech provider for sports and entertainment. The adoption of blockchain in this industry will create transparency and promote tool-based monetization to monetize and increase engagement. Maybe in the future, we will have a few new projects. In Chiliz's case the most important partnership role, it might take them a lot of time and money to convince the clubs to choose them as partners They already have a few high-profile clients If we are talking about soccer specifically, their customer list now includes such grand names as Barcelona, Juventus, Atletico, Paris Saint-Germain, among others. And as I'm inclined to think, in these dark times many more clubs are going to utilize this novel model of interaction with their fans. I can't really say that I'm a big soccer fan myself, but if I were I would be interested in this thing. In case of Barcelona, for example, 600k fan tokens were sold out in less than two minutes during the so-called Fan Token Offering in June 2020. The takeaway is that they shouldn't have a shortage of clubs lining up
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This reputation can be ruined within seconds
There is no reputation for XRP. It is my surprise to know it had very high price back in years ago. I can not believe it. It did not have reputation because it is a centralized coin Well, some people seem to be in disagreement with this view There core teams don't waive their XRP partitions in total supply of XRP and I don't think investors can believe in their claims that they will never dump XRP But it doesn't really matter It would matter but for the reasons stated in my post. We don't know whether they are going to dump their coins or not after all, but even if they never will, it is not going to save them from governments clamping down on them one day. In fact, even if just the US government decided to shut down Ripple, under whatever guise, pretense or claim, its days would be numbered. That alone should keep any sane person from investing in XRP
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Это ошибка очень многих, кто не зафиксировал прибыль и дальше продолжал и продолжает холдить. Наверное виной всему жадность. Не даром опытные трейдеры говорят, что цену по которой будут выходить, они уже знают в момент входа. Тогда просто забираешь свою запланированную прибыль и нету искушения сидеть и чего то ждать И о чем это говорит? Правильно, о том, что деревья не растут до небес. И если исходить из того, что "опытные трейдеры" не будут сидеть дольше чем нужно, то вся нынешняя скупка битка перечисленными в теме конторами (Грейскейл, Сквэар и т.д.) направлена исключительно на фиксацию прибыли где-то в будущем, возможно уже совсем близком. А иначе зачем им биток, что они собираются с ним делать?
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The difference between DeFi and the existing financial system is that all financial services are recorded in smart contracts that cannot be changed from outside. However, there are risks of using DeFi, since in case of an error in the smart contract, participants may lose their money. With centralized funding for all of the errors can easily be corrected by the employee That's definitely the case I mean decentralized being immutable and irreversible, on the one hand, and centralized fixable and accommodating, on the other. But this is the price we have to pay if we don't want to have third party risks, which often come down to someone ignoring all the rules or arbitrarily changing them in the process as they see appropriate (and it remains to be see which is worse). As I suspect, we can't have it both ways
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doge is not instant. xrp is the way to go
XRP is not true crypto as its all centralised but it would be fast because of the ease of dicatating transactions in that way. So long as you are quick in and out of that blockchain I guess thats fair to use in the same way people use FIAT, so long as you dont kid yourself the enterprise is for the gain of anyone outside the owners of the firm operating it. Xrp got reputation already so maybe they will not turn people down at this point so if people like to use xrp maybe it's good for them to use that since as stated this currency is fast and cheap that's why many choose to use this in their transaction This reputation can be ruined within seconds And not due to some malicious intent on Ripple's part (like pulling an exit scam or something to that effect). XRP is a private money, and while a government, even an influential one, would only make a fool of itself by outlawing a decentralized cryptocurrency such as Bitcoin or Ether (some already tried and see how much they fared), this is an entirely different matter with respect to private currencies. Put simply, if XRP is outlawed by a major power like the American government, that will be the end of it, that will be an instakill
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fimagizer.imageshack.com%2Fimg922%2F9850%2FVrMrpB.jpg&t=665&c=MC6m5cghlN-iPA) Communism will never work - it has too many red flags
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At this time 2020, Coinmarketcap revealed that the top countries with the largest increase in the number of cryptocurrency users including India, Pakistan, Colombia, Canada and Nigeria were included in the category of one of the user segments that increased the most in the first quarter The devil is in paying precious attention to detail Or, as Mark Twain put it (actually, it was Benjamin Disraeli), there are three types of lies, among which statistics are the most insidious form. More specifically, it is not just the number of users that counts, but also how much of the total coin supply they have accumulated in their wallets. In other words, if 1 million Nigerians hold 1 satoshi each, that doesn't make Nigeria a top dog in the cryptocurrency pit. I think the same is equally applicable to India, Pakistan and Colombia I disagree. I think 1 million Nigerians holding 1 satoshi each worths a lot more than 1 Canadian holding 100 bitcoin, not because of price reasons because price could change with one Canadian over 1 million Nigerian, but more about PR and adoption reasons Okay, 1 Canadian is worth less than 1 million Nigerians despite being wealthier. But what about 1000 Canadians vs 1 million Nigerians if Canadians are collectively worth x100 more than Nigerians in simple monetary terms? When there is 1+ million new people going into crypto that means there is a whole nation that is more crypto friendly, when they are more crypto friendly that means they will benefit the most from increases, when they benefit more that would make other smaller nations jealous and they will get involved as well, when they get involved together that means they will spread like wildfire and everyone will get involved. Just one guy from Canada can't do that, he can afford to increase the price short term but a million people will have a bigger impact in long term I would agree with you if it were about real use in real life. Then it would be a markedly different development. But since it all boils down to speculation so far, a million people won't and can't have a bigger impact on the market than just one man if he is worth more. In this case, it is simple math and nothing else
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Can blockchain team up with the sport industry to make sports better overall? Here's my take on this. As always, don't forget to share your thoughts, ideas, and criticisms in the comments below. Originally published on stealthex.io In BriefThe blockchain tech can be instrumental in many problematic areas of the sport industry. For example, one of such areas is ticketing, more specifically ticket scalping and counterfeit tickets. And this is exactly where it has already proved quite useful as the real-life use cases demonstrate. Another interesting area of application is fan tokens, which are to make fans and clubs closer to each other In FullIn one of our previous articles on a mutually beneficial relationship between blockchain and the gaming space, we came up with the number of gamers in the world reaching a whopping 2.5 billion people. But even this number pales in comparison with the popularity of just one sport – association football, commonly referred to as soccer. Its fanbase is estimated to be around 4 billion people, which is, for a moment, more than half of the Earth’s current population. In this manner, the entire world can be considered a target audience for the sport industry, barring infants and a negligible number of haters. So how can blockchain team up with this industry to make sports more entertaining and exciting? Building a better experience with blockchainTo get us started, let’s briefly recall what the sport industry essentially is and what it strives to achieve. Fundamentally, it belongs to an entertainment sector of the economy, and as such, it pursues the aim of entertaining the public and, hopefully, the participants as well in one way or another through competitions, tournaments, sporting events, and related activities like fan conventions and gatherings. It may take different forms, which came to be known as, well, sports, professional and amateur, that are appealing to different types of fans and, more broadly, viewers and spectators. In this fashion, it all eventually comes down to “user experience”, and if blockchain can make this experience better overall and more rewarding to interested parties, be it fans, athletes, teams, or clubs, we can then rightfully consider its job well done. With that established, we can now look for the areas of the sporting world where blockchain can produce a difference, and still better a real change. But even without delving into specifics and particulars, we can say beforehand that blockchain will most certainly turn out useful in the industry’s most problematic areas. Not convinced? Perhaps an example or two will help. Sporting event ticketing has always been a huge pain in the neck for the entire industry. In fact, the problem is, in the very least, twofold. The first primary source of pain for an inveterate sports fan is counterfeit tickets. Before blockchain, the best advice out there was to only purchase tickets from a reputable source. As advances in technology enabled the superior quality of fake tickets, an average consumer is no longer able to check the authenticity of tickets and verify whether a ticket is legitimate or counterfeit. The second source of intense suffering lies in authentic tickets resale, colloquially known as ticket scalping. If you are not someone with necessary connections or part of the inner circle of a famous athlete or club, if you are just a regular fan like the guy next door, you are unlikely to buy an admission ticket to a major sporting event at its face value. To add insult to injury, the event is quickly announced "sold out" once the tickets are no longer available through the official box office, which allows the avid and unscrupulous resellers to inflate prices in hopes to make a killing and rake in some serious profits. And what do you think? Blockchain effectively deals with both of these issues and offers immediate benefits in this department. If event organizers are using a blockchain platform for ticketing and there are only so many tickets to be sold on it, no room is left for counterfeit tickets as you can’t counterfeit the entire blockchain. Well, technically, you can, but in that case looking for counterfeiting tickets will be your least concern as it might turn prohibitively expensive and counterproductive. If you put a little more effort into it, you can easily leverage the blockchain tech for fighting off ticket scalping as well. The solution that the blockchain ticketing startup from Amsterdam called GUTS uses to address this activity is simple and straightforward. Every ticket is now associated with the buyer’s mobile phone, and if an event organizer prohibits reselling, tickets can’t be resold, as simple as it gets. On the other hand, if it is allowed, you can only resell tickets at the original selling price, which again leaves no room for scalping. As you can see, blockchain can markedly alleviate the life of a simple sports lover and thus add to his positive experiences, making the sport industry as a whole a little better overall. Now UEFA is going to sell its tickets via a blockchain-enabled mobile application – after the coronavirus pandemic has been dealt with. Until then, we will explore other important areas where blockchain and the sport industry can make an effective team. How to make an effective teamWe started this exposition by mentioning that there are 4 billion fans of association football. This is a huge fanbase by any metric, and it comes as no surprise that it gave rise to blockchain-based platforms trying to harness the distributed ledger technology and tap into this immense market. Online sports-oriented platforms like Chiliz.net and Socios.com are looking to change the ways fans and clubs interact enabling more intense connection between the fans and their favorite teams. So how is it possible? Enter fan tokens. As it turns out, the fanbase of the biggest soccer clubs in the world, say, Spanish Barcelona and Atletico or Italian Roma and Juventus, is scattered around the world, and most fans have never visited in person even a single match of their beloved teams. Fan tokens are a way to meaningfully engage this global fanbase. Having a fan token is supposed to give its holders certain voting rights in club-specific polls and thus produce a feeling of belonging, apart from directly supporting the club financially by buying these tokens. Technically, fan tokens are regular ERC-20 tokens on an Ethereum Proof-of-Authority sidechain. The platform also designed its own Chiliz token operating on this blockchain, with which it is possible to trade fan tokens of different clubs indirectly against each other at a market price based on demand and supply. In other words, Chiliz and its clients are trying to leverage the blockchain to monetize the fanbase in exchange for fan-centric activities that possession of each fan token allows. Another avenue of monetizing the global fanbase via blockchain involves officially licensed digital cards of players. The fantasy football platform Sorare, created in early 2019, by now have entered agreements with over 100 clubs including Paris Saint-Germain, a top-tier team from France, to produce virtual cards for players. Every card is a digital collectible – most certainly an NFT under the hood. Fans can collect, trade, and use them for different gaming activities, and they can even hold fantasy football tournaments. So CryptoKittish. On the other side of the pond, a couple of NBA teams decided not to fiddle with the blockchain tech but instead embrace cryptocurrencies as a whole by allowing their fans to pay for tickets and other stuff with Bitcoin. In fact, one of these teams, the Sacramento Kings, have been doing this since 2014, while the other team, the Dallas Mavericks, started to accept the cryptocurrency in 2019. Litecoin is also welcome in America – a year ago it was named the official cryptocurrency of the Miami Dolphins, an NFL team from Florida. We're an effective team!It is somewhat ironic how the coronavirus pandemic forced lots of sport clubs across the world to seek out new ways of interacting with their fanbase. Blockchain turned up quite handy in times like these and enabled diminishing the social distancing brought about by forces mostly out of our control. Is this the beginning of a mutually beneficial partnership? As they say, there is no cloud without a silver lining, and it looks like blockchain and the sport industry can make a superb team once there is a will coupled with a necessity, the mother of invention. And let’s hope that this team will make happy its supporters from both camps – the blockchain community and the sporting world, and not just for the time being.
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I'm dead certain that people who gamble with ~10 dollars do so not because this is all they have but because this is what they are willing to gamble away (read, lose). I wouldn't actually be surprised to meet a cryptobillionaire (or just a billionaire, for that matter) who wouldn't be willing to lose that much, and I could perfectly make sense of such an attitude. But seriously, what does gambling have to do with NFTs and collectibles?
As you can read from the posts above, there was talks about how there should be lower withdrawal rate for ETH and there were also other topics about how if you are a small time gambler and can't afford to withdraw 0.04 ETH or similar amounts, you could just pick doge and make it a lot lower as well Yeah, it was me who raised this issue These type of stuff are examples of why gambling under 10 will be similar, a tough challenge, hence why you should start gambling with just a bit more or not start gambling at all if you can't afford to I don't really think it's a valid point Indeed, Bitcoin or Ether gambling with just 10 dollars pretty much looks and feels like an exercise in futility (albeit to each their own), and that's why I was curious about the crypto used. However, $10 worth in Dogecoin (which is around 4k doges) can offer you a decent gambling experience at Wolf.bet given that you can start off with the lowest possible amount. And that has nothing to do at all with how well off you are beyond gambling
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Maybe they don't know how to use crypto and it's difficult for them to cash out and convert into fiat money because they will catch by the authority. But once criminals knows how to use crypto, I am sure they will use it than fiat because it was decentralized and they can make transaction online, fast and hassle free.
I dont know why hackers hack exchanges this days because the money will be useless to them on the long run, for them to swap the stolen coins to fiat they will still need some kind of verifications on the platform, KYC and ID verifications so they can easily get caught in the process, once you hacked a exchange and move fund to a particular address you have been tagged already, the hunt is on Bitcoin mixers are there to help you out However, you can't know in advance which of them are real ones and which are only honeypots to get people like you caught red-handed. With that said, if you are already smart enough to steal from an exchange a few dozen bitcoins or something to that tune, you must be smart enough as well to cash out these coins safely, without attracting too much attention (beyond what you will be receiving anyway). That would most certainly mean splitting your spoil into smaller portions and using different avenues for cashing out in order to cover your tracks
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I only see this on movie and I was surprised that there's really someone putting effort just to meet there gambling craving. The level of addiction of people that availing this service is very high I could see another motive People may just feel the drive to gamble in the international waters like making fools of the state government, albeit that government itself may be covertly promoting such a service. In other words, there can be many layers of hidden reasons why every party involved acts the way it does and which are not visible to a stranger not familiar with the whole shebang
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At this time 2020, Coinmarketcap revealed that the top countries with the largest increase in the number of cryptocurrency users including India, Pakistan, Colombia, Canada and Nigeria were included in the category of one of the user segments that increased the most in the first quarter The devil is in paying precious attention to detail Or, as Mark Twain put it (actually, it was Benjamin Disraeli), there are three types of lies, among which statistics are the most insidious form. More specifically, it is not just the number of users that counts, but also how much of the total coin supply they have accumulated in their wallets. In other words, if 1 million Nigerians hold 1 satoshi each, that doesn't make Nigeria a top dog in the cryptocurrency pit. I think the same is equally applicable to India, Pakistan and Colombia
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fimagizer.imageshack.com%2Fimg923%2F1268%2FtXLGSe.jpg&t=665&c=ZiBMPzDqhYsElw) Say what you like about waitresses, but they bring a lot to the table
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The reason I think they do not ask for BTC is because they need cash to pay their team and it would not make sense to ask for BTC and then sell them and distribute so why not directly ask cash. It is more like why criminals do not ask for Gold that is because they are not going to wear jewelry instead their aim is to get cash Bitcoin can be easily traced On the other hand, more anonymous cryptocurrencies like Monero or Zcash simply lack the required volume to make them really useful for large-scale criminal operations, even though they are indeed used on the Internet for a lot of minor illegal activities. Gold is good as a store of value, but low-profile criminals are spenders, not savers. Therefore, cash is the best payment option in these circumstances and will most certainly remain that in the foreseeable future
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The difference between the term "staking" in gambling vs investing has to do with the expected value (EV). In gambling, especially in chance games, players will get a sure negative expected value (-EV) if they decide to stake their money. It's not investing but more like spending. Conversely, if investors decide to stake their money on the house bankroll side (+EV), it's an investment.
Investing is when you expect some profits, i.e., positive expected value (+EV) over some risk level.
In that case, your distinction, well, similarity, simply doesn't hold At first you say that staking and investing are fundamentally the same. Now you proceed to say that "investing is when you expect some profits". I'm okay with that, so let's stick to this definition of yours. However, staking cannot be investing because you don't know how profitable this activity will turn out to be, and, most importantly, you can't even expect profits. If you rake in some monies, good for you, you have invested wisely (in hindsight). But if you booked only losses, then it is not investing, and therefore you can't say that they (investing and staking) are the same thing
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Now it is reported that the immunity fades after about six months as people who had recovered catch the disease again. This is actually a really bad news. As far as I understand it, no vaccine would be of great help since you would then have to be vaccinated every six months or so. I don't particularly believe either that a vaccine is only available to the elites provided it exists in the first place. It simply makes no sense because a free vaccine for all is less risk for everyone, elites included
This is really bad news, there were already many reports of people that got the virus and then got it again at a later time which lead me to believe the period of immunity was too short but 6 months is nothing, are there any studies that show if there is any difference in the intensity of the disease itself when it is gotten for a second time? For example someone that had mild symptoms the first time, is this person still expected to suffer mild symptoms or there is some change during the second time the virus is contracted? It is too early to tell Basically, the virus has been around a little over half a year (on a world scale), so we have to wait at least as much until there are enough data to arrive at a reliable conclusion regarding this possibility. But from what I heard, there is not any pronounced tendency, dependency or relationship. In other words, the second contraction can be milder or worse And this is what you actually must expect given how mutable the virus is. They say that people never contract flu again simply because it is always a different strain of flu. It seems to be the case with the coronavirus as there are many strains of it, and it is impossible to be immune to all of them (apart from quickly losing immunity to a previously contracted one)
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I will offer a different view (as always). In general terms, these words both fundamentally the same since you are risking (or staking) something to get profits In gambling you are also staking, quite literally staking your money But does it mean that they are the same? I guess that would be an instance of overgeneralization, i.e. drawing too broad conclusions, broader than required by the context. Indeed, there are risks involved in both gambling and staking (the latter as it is understood in this thread), but then we could say that virtually any activity entails certain risks. But does it make gambling and staking the same for any practical purpose?
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Small investors, small gamblers and all around people who do not have too much money (aka under 10 bucks) will have problem everywhere they go and will always have trouble whatever they want to do in crypto world. If they want to get involved with NFT they will have to pay more % of their total just for fee's and would need to probably do 2x just to make it up.
If they want to get some collectibles they would have to pay a huge fee, if they want to get involved with dapps another fee, if they want to deposit to exchange there is a huge fee to withdraw so they would need to profit a lot. At the end of the day gambling is just another part of the problem, if you have under 10 bucks there is really not much you can do in crypto world and you should probably focus on getting more before you do something else I'm curious what the point of your post is I'm dead certain that people who gamble with ~10 dollars do so not because this is all they have but because this is what they are willing to gamble away (read, lose). I wouldn't actually be surprised to meet a cryptobillionaire (or just a billionaire, for that matter) who wouldn't be willing to lose that much, and I could perfectly make sense of such an attitude. But seriously, what does gambling have to do with NFTs and collectibles?
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