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941  Bitcoin / Bitcoin Discussion / Re: Would Bitcoin recover even if it fell to one dollar? on: August 11, 2023, 10:58:26 AM
I doubt what you say, I don't believe people are waiting for that to happen. People want bitcoin to drop more so they can buy bitcoin cheaply, but no one is expecting to buy bitcoin for $1, I bet you on that. If bitcoin drops to $1 it will be the end of bitcoin, even you and I will leave this market. Because then there will be extreme confusion, not opportunity. If bitcoin drops to $10k it can be seen as a rare opportunity but if it drops to $10 or $1 it is a serious problem. But like you and many others, I don't believe that will happen either.

A $1 market price would be the opportunity of a lifetime to buy BTC at a huge discount. Many think the masses will be buying BTC by the time this happens, but I hardly doubt it. After all, everyone will be in "panic mode". Such a dip in price would mean something terribly wrong happened with BTC. Neither you and I will be alive by the time Bitcoin goes all the way down the drain (if it ever happens).

Let's ignore the FUD from mainstream governments and carry on with our lives as usual. Who knows how far BTC will go? Just my opinion Smiley

If people were going to buy when bitcoin hits $1 again, I think many people didn't doubt bitcoin in the early days of bitcoin being introduced and missed their chance with it. I really don't believe anyone who says they will feel great and buy as many bitcoins as possible when bitcoin drops to $1. Because last year, when bitcoin dropped to $15k, it was a great discount to buy bitcoin. But many people feared it would drop further and they didn't buy it, so it would be a lie that they would buy it when it dropped to $1.

Feeling that they might wasting their money is one of the reason why many doubt to buy at that time and its valid doubts knowing that market is in bad shape then no one knows on when it recovers. Its just there are people got so lucky to earn some profits because they are the one who can afford to buy at that figures.

And if bitcoin would ever reach that far for sure we can see majority of people will rush to buy and grab some bitcoin at $1 price since chance for it to pump back is so high knowing the supply of it so less provably we can see a quick huge price pump if that time happen.
942  Economy / Gambling discussion / Re: [Boxing] Inoue vs Tapales for Unified Super Bantamweight Title - November on: August 10, 2023, 10:36:09 PM
I believe too that it will be the case if ever the undisputed discussion between Tapales and Inoue will be prolonged or will be dragged for quite a couple of months before they can make a deal. Now if that happens, sanctioning bodies might be inclined to give both of them a mandatory title defense fight so that they won't be holding those belts for no reasons and of course so that these bodies will have their cut and make their pocket fat, you know, business as usual.

I doubt that the camp of Inoue will allow that scenario (mandatory fights) since their guy is very vocal that he wants to be a unified champion of this division and the hurdle is not that big, I mean they can pay Team Tapales whatever figure it is just to make this fight happen. This is just a matter of negotiations and i'm optimistic that this unification will push through.

This is big achievement for Inoue if he defeat Tapales so provably we can see this to happen and delays might not be the main concern since for sure both camps would agree on the conditions because both of them want to make this fight happen. There match is now gaining hype so most provably their promoters will make this one happen since this is big business and might this could generate them more bigger revenues.

Let's await the development of this potential undisputed fight, as it has been reported that Tapales' camp is not satisfied with the offer from Inoue's camp regarding the revenue sharing. Tapales' camp argues that both fighters are champions, so they likely expect a more equal split, possibly around 50/50 or even no less than 45/55, despite Inoue being the more popular boxer.

If Inoue intends to continue making history, he must ensure the fight takes place. Given that the issue revolves around revenue sharing, it's probable that Inoue's camp will need to reopen negotiations if Tapales' camp remains firm in their demands.

For case of Tapales well its good to demand more than that since there's a lot to take from him so it will be so bad if he get so less offer coming from their matchup.
Hopefully negotiation will be fair for both fighters so that they can make this fight happen since If Inoue will win against Tapales then he became unified champion also if Tapales will win then this will be a big achievement to his career.

We also know that Inoue is so hype but their camp need to understand that they are fighting heavy champions to make all fair and they don't demand  to much.
943  Economy / Gambling / Re: 1XBIT.COM ᐉ 7 BTC WB ᐉ Altcoin Betting ᐉ no KYC ᕗ Instant payouts on: August 10, 2023, 12:26:53 PM
Instead of rebranding, it's better to restore their name on this forum by slowly resolving all existing cases that are directed at them, I think it's an easier way than rebranding, which will cost money and effort and also attract people's trust to play, even though cases can be resolved by them does not rule out the possibility that it can make everyone feel unsafe playing here. it would be hard to believe again.
They will never restore their name since they don't really care about their reputation anymore in this forum if you think about it. This is also why they stopped responding to complaints against them within this thread.

They are probably working on alternate scam sites at present since they have the money and resources to do so.
It is practically impossible for 1xbit to restore their reputation in the forum. Their reputation is spoilt irreparably and there is nothing they can do about it. Even if they reappear and start solving all the cases they have had for years, which I know they cannot do, they will not be trusted again in the forum. Majority of the forum users will say they are preparing an exit scam.
The best thing to do is to re-start under a new domain and forget about scamming and face a real business because. This gambling business is lucrative for people that has the capital.
scammers will remain scammers mate no matter how many times they will change domain and try another business because it is in their blood, they are not concern to what others might feel or experienced.
what important for them is how much money they will gather and how many people they are going to fool.
so forget about domain , forget about this to stop scamming , because it is impossible for them to act.

You are right the scammers will always be scammers and they will never change their behavior and that's why someone said that nobody can change their nature. They may change their domain names many times but they can't change their nature and the gene makeup they have been born with. The worst thing that I have noticed is that still most of the Tiktok celebrities are promoting them. They are doing that without any research about the casino site only to fill their pockets of the money that such casinos are offering those Tiktokers. I really feel bad that because of such scammers and the ones who support them, many people fall for such scams.

Maybe there's a chance that they would change but with new management handles it and its hard verify if something like this happen since they can fake all of this just to clear out their names. And I guess they will not do a rebranding since if they have plans to do that maybe they did it before to clear out their names from negative feedbacks given by legitimate people. I guess they are hard as rock and they just let those accusation flow against them since they market their casino heavily on other media platforms.
944  Other / Beginners & Help / Re: As an undergraduate, is it advisable to invest my trustfund in Bitcoin? on: August 10, 2023, 11:23:14 AM
I'm a student still studying, and I've been putting away some money from my trust fund over the last 3 years. Because money doesn't seem to buy as much as before in my country and maybe even everywhere, I'm thinking about what to do with my savings. I've been hearing about this thing called cryptocurrency and Bitcoin. People say you can buy Bitcoin and become really wealthy. Even one of my classmates told me the same thing.

I talked to my classmate, and he said I could learn about it on my own because there's a lot of information out there. That's how I ended up finding this forum. So, here's what I want to know: Is it a good idea if I use the money I've saved up from 3 years of my trust fund to buy Bitcoin?

Try to know first how far your knowledge about bitcoin since if you are newbie which I think that it is since you ask this question then this is not really advisable for you to do knowing the risk is high so you might lost your trust fund in quick bad market action.

Better use small amount first to test the risk so that you would know that its really hard to do quick decision especially that money is saved for 3 years. Don't rush to do some decision making on risky matters study first before participating on anything.
945  Economy / Gambling discussion / Re: [Boxing] Inoue vs Tapales for Unified Super Bantamweight Title - November on: August 09, 2023, 03:26:19 PM
I believe too that it will be the case if ever the undisputed discussion between Tapales and Inoue will be prolonged or will be dragged for quite a couple of months before they can make a deal. Now if that happens, sanctioning bodies might be inclined to give both of them a mandatory title defense fight so that they won't be holding those belts for no reasons and of course so that these bodies will have their cut and make their pocket fat, you know, business as usual.

I doubt that the camp of Inoue will allow that scenario (mandatory fights) since their guy is very vocal that he wants to be a unified champion of this division and the hurdle is not that big, I mean they can pay Team Tapales whatever figure it is just to make this fight happen. This is just a matter of negotiations and i'm optimistic that this unification will push through.

This is big achievement for Inoue if he defeat Tapales so provably we can see this to happen and delays might not be the main concern since for sure both camps would agree on the conditions because both of them want to make this fight happen. There match is now gaining hype so most provably their promoters will make this one happen since this is big business and might this could generate them more bigger revenues.
946  Economy / Gambling / Re: 1XBIT.COM ᐉ 7 BTC WB ᐉ Altcoin Betting ᐉ no KYC ᕗ Instant payouts on: August 09, 2023, 12:42:01 PM
It's hard to see the perspective of 1xbit marketing team as they are obviously doing the opposite. They are trying to improve their reputation in this forum despite that everyone knows that they are totally a scam casino. It would be easier to just rebrand and focus on doing legit things rather than spending their money on worthless advertisement. A negative publicity isn't as effective as on other industry where negative publicity is still publicity.
It's not easy to rebrand and continue to maintain their reputation because outside of this forum the promotions they do are quite massive and many of their advertisements appear on sites that have something to do with crypto.
And actually, if they really want to turn their business into one that can be trusted, just stop all the fraudulent actions that they are doing and also stop promoting using the accounts of members of this forum which clearly give a bad impression on their gambling site.
Unfortunately even when they coming again in this forum a few years ago and promised to fix the issues they weren't consistently done they only did it a few times after that it reverted to an attitude that hurt a lot of their players, and outside of this forum they still get a lot of players because of those promotions and new players can't tell how reliable this casino is.

Even if they do rebranding still their past reputation will haunt them.

If they change their name for sure there are users here will report there new name and create another warning so its still useless if they do that since still they cannot penetrate back in this forum.

Although maybe they can fool people outside and get an impression that they are good casino but for sure once those dudes will do a research they can see those accusations posted against 1xbit.

Really useless if they rebrand and promote again their casino in this forum since doing that cannot erase their negative actions made here.
Maybe on other platform out of this forum they can get new player to try their new rebranded casino, but here there reputation is so damage and I don't think there are veteran gamblers would take a risk on the new things done to their casino. They are actively running some ads so its not surprising anymore if they can compromise new people outside.
947  Economy / Trading Discussion / Re: binance vs decentralized exchange on: August 09, 2023, 10:54:03 AM
I have been meaning to get back into trading and futures for a while. I left binance do with KYC but thinking of sucking it up and excepting it. Looking at alternatives though dydx came to my attention. What are they like and is there any other good Perpetual exchanges that are non KYC



All matter with your choice if you can accept the KYC requirement ask by binance then they are a fine choice since there's a lot to do there and volume is good. Also trading with futures is reliable that's why I always choose them when I want to trade.

But if you don't find anything good with them then choose decentralized exchange since it maybe can fullfil your needs on a exchange but the problem is volume if they get enough on each token we want to trade or if we can see the best token choices to trade their.
948  Bitcoin / Bitcoin Discussion / Re: Bitcoin has nothing to do with crime on: August 08, 2023, 10:46:45 PM
Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime. People needs to understand one of the features of bitcoin is freedom that anybody can get access to it, it does not discriminate.  The privacy features of bitcoin is very important to humanity,  which I know one of its advantage is for safety by using cryptography that makes all transactions safe and encrypted.

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

They will say that because they only have little information about bitcoin. The only thing they know is criminal use it and they didn't know that its a currency that's why they spill some negativity without verifying its real use case.
But if they could just dig up some information about it just like what we did they can figure out that greed of people lead them to do bad things and its just they see bitcoin as alternative tool for them to make all they think happen. Also bitcoin is gaining fame so for sure there are lots of opportunity for criminals to take advantage with then stole huge money from people.
949  Economy / Gambling discussion / Re: Please put your gambling threads in the correct section!!!! on: August 08, 2023, 01:45:05 PM
I'm going to ask forum users to please make sure they are posting their threads in the correct section. I know you guys have a post quota to reach for your sig campaigns(some campaign quotas ask for too much IMO), but please if you are a topic starter  try to put them in the correct section.

To many the same like this threads on gambling section where its so hard to find the right ann thread of certain casino because there are so many out of the board topics posted there.

If they could just post those gambling discussion topics on right board for sure majority of us will not struggle to scroll down those right ann threads we want to search on. To many need to relocate here so hopefully thread creators should do their own diligence to move their threads on right boards.
950  Other / Beginners & Help / Re: Is all what they say about bitcoin true? on: August 08, 2023, 12:03:37 PM
As a newbie on this forum, for some days now I have been going through threads, reading and trying to understand and getting better knowledge on every single one of them
In a thread someone said "Bitcoin is not all about happiness" can a little more light be thrown on this?

Yes on investment perspective because there are times that market is so bloody red and majority has a chance to lose their funds especially if they are not prepared with this scenario. On happy times well the bullish market situation which provably all is on good position since majority of their holdings is doing some good performance.

So you need to be more careful taking decisions on your investment and always consider the risk so that you will not caught up on unrealistic picture and always on  right mind to do good decision.
951  Alternate cryptocurrencies / Altcoin Discussion / Re: USDCCOIN.ORG nft claiming to be 1250 usdc airdrop. Is this legit? on: August 06, 2023, 03:32:18 PM
Received a nft from USDCCOIN.ORG stating 1 nft swap=1250$ USDC at the site.  Can anyone either vouch or confirm validity of this prior to me linking wallet and undertaking risks associated with that process. Contract address is 0xd2ffB812A0a63FCceBEAdE5959E388fa6eb8D421. Comes with description “Owning this badge indicates that the user has received $1250 USDC AIRDROP.  Any comments would be appreciated.  It is on Polygon Eric-1155

Airdrop is the new scam on two of my wallet alone I received 5 unknown airdrops and they are being traded on Gecko terminal but it's a trap every time you try to exchange the fee is increasing but it never pushes through some of these airdrops are a clone of legit coins, you should also be careful connecting your wallet to a platform where they point or direct you to trade their airdrop its another trap, they can wipe out all your funds, use a new wallet if you're going to link.
Airdrops are not what they used to be, scammers have found or used them now to victimize people because of their greediness   

Airdrop is now famous so most provably that this scammers are now with this trend so we need to do extra precautionary measures before receiving any airdrop tokens since that no scamming will happen. We should not put any amount with them since sometimes they say to invest then you will get more bigger share and for that this should be an indicator that they are not good choice for us. They create that only for the profit and not for building a good platform and a technology by the help of their project create or even the tokens they release
952  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: August 06, 2023, 10:27:48 AM
..

You know why I believe Roobet is one of the best crypto casinos over here, it's because they are grateful. They know their first steps started from this forum.
They couldn't achieve any thing from where they are standing today without going through the games on games and rounds and the contests they are organizing.
Roobet is one of the few casinos that I trust.
Who am I to disagree on you here mate, aside from me being in their advertising for years ,I can also vouch for their generosity being casino owners, with the bonuses and rakeback from wagering and deposit, they also respond to any small issues we have faced and will be facing.
because they are not only here for business but also to serve gamblers attain their gambling expectations.


This is the reason why Roobet remain reputable for long span of existence since they always meet the expectation of their community and always satisfy them with their offers given to them. There presence is also good that's also the main reason why its so rare to see some bad accusation posted against them since they are good on solving issues. Also we can't see troll hitting them because they know that their actions will not succeed since reputation of this casino is so strong and they won't succeed on their bad intentions.
953  Economy / Gambling discussion / Re: It's safe to say - gambling is a guy thing. on: August 05, 2023, 03:05:09 PM
Hey y'all...Seriously, I've been having this running through my mind.. maybe it's been discussed but this is on a diverse objective.
Why is it that we tend to have alot of men inclined and addicted to gambling than women? Is there any mystery guiding that?
I mean, You ain't gonna telme that everyone isn't roofed by this economic crises - both gender to speak of - so what's so special about men gambling?? Alot of cases has been reported several times too - and y'all end up realizing that MEN are usually involved in very many critical cases... What's that validating? That men are really taking the whole thing personal??

Sandra 🧑‍🦰

In emotional aspect men are mostly the one who take the risk since they are the one do some crazy decisions because they want to test their luck. And most of the women are so careful since they don't want to commit mistakes since mostly they can't afford to encounter losing streak or a one time big losses.

But there's no gender separation nor restriction since anyone can gamble regardless of gender. There are also cases that women involve in risky cases but there's only few of them but anyways its still the same and we cannot say gambling is just a guy thing since anyone can participate on anything they like.
954  Other / Beginners & Help / Re: Beware of Pig Butchering Scam! on: August 05, 2023, 12:53:07 PM

It involves tricking individuals into sending their cryptocurrencies to scammers who promise high returns or investments with guaranteed profits. The name "pig butchering" comes from an analogy scammers use to convince victims to participate. They claim that just like a butcher would divide a pig into different parts, they can divide and multiply the cryptocurrencies sent to them, promising significant returns in a short period.


How it is done?

This scam operates on a classic Ponzi scheme principle, where early investors may receive returns to create a false sense of legitimacy. These returns are typically funded by the investments of subsequent victims, creating a cycle of deception. Scammers often use tactics to lure people into the scheme, such as social media promotions, online forums, or personal recommendations. They may present themselves as experienced traders or cryptocurrency experts, leveraging persuasive techniques to build trust. Once victims send their cryptocurrencies to the scammers' wallets, they quickly realize that the promised returns are nothing but empty promises. In most cases, the scammers disappear with the funds, leaving victims with significant financial losses.
<snip>
It seems that your thread somehow lacks some specific and vital details about the term "Pig Butchering Scam". Honestly this is my first time hearing that term, but I'm glad you embedded a link an article related to that scam.

It is specified in the article that the scammer works by trying to establish an emotional connection with the victim, posing as a 'lover' or 'friend.' Over time, the scammer will attempt to convince the victim to invest in a platform they control (although this may vary), promising returns to strengthen trust and potentially encouraging the victim to invest more. Eventually, the scammer will steal the funds and provide multiple excuses.

The term was new to me; however, the concept of the scam is familiar is familiar to me as I recently watched local videos about it.

This is what I was looking for because something was missing in OP and it looked just like HYIP ponzi scheme.
But you mentioned makes sense now since there are people on Telegram who keep doing this.
I have myself encountered people posing as a friend and few girls who talk very nicely at beginning and then tries to convince us to invest in their platforms.
Obviously I was aware of not investing in HYIP and so I didn't fall for any of them but I wonder how many others would have easily fell for this.

This is just another hyip but they just used that pig butchering business as their front to make people believe that there's running business backed up with their programs.

But in reality if we calculate all things on that program its really hard for their business to cope up all the payouts if they rely on that solely and for sure the same with other schemes the money they used for payouts came from the money of new investors. So investors need to know that there's no good on this scheme and in future if they see similar since for sure this scammers will create new schemes better they should avoid it and never became a scam victim again.
955  Economy / Gambling discussion / Re: Anonymity is no longer a benefit of gambling with cryptocurrency. on: August 05, 2023, 10:28:43 AM
Casinos prefer to be compliant with what the government asked of them than satisfy the needs of the Crypto gambling community, compliance that the money coming into casinos is clean money and not dirty money coming from hacking and scamming, and its also part of the terms of their license issuer.
No KYC will attract a lot of players which is some casinos implement this for small players but if there's a big amount involved that's where KYC will be implemented.
We cannot do away with KYC it's the casinos' protection, all we can do is find reputable casinos that we can trust with our sensitive information and will not use the KYC features to scam people.
I've seen casinos using failed compliance to KYC coming from their users to withhold their earnings and this is not good.
This is the reality of playing in Crypto casinos we have to do KYC along the way and the documents should be valid and will pass to what the casinos are asking.


If they don't comply then there operation became illegal that's why its good that reputable casino did that KYC thing just to make things legitimate to them and they will not be flagged by government since it can ease our worries about their legalities for doing that actions. Although KYC still a main concern by others but for sure majority can accept this and anonymity is not a main concern on casino since many people will get used to this new implementation made by legit casinos.
956  Economy / Trading Discussion / Re: Spot trading or future trading which trading is best for beginers? on: August 04, 2023, 02:50:57 PM
Totally trading not a good ways for beginers. New investors get too excited to dive into the trading market which results in money losses at home. Newbies don't understand trading so they take losses while trading quickly. So invest early to replace advanced strategy at dip price and do your research.

How they could learn trading if they don't try it? Everyone start as a beginners so they just need to practice to learn a skill about it. Although we know trading is do risky for newbies but if they are careful on what they are trading then they can be on profit or can minimize their losses. For early stage much better if they participate on trading better they select spot since they have a ability to recover back since they can just hold their bought alts and wait for perfect time when price recover.
957  Economy / Gambling discussion / Re: Playing Slot Games On Demo/Free mode Vs Live/Paid Mode on: August 04, 2023, 12:45:11 PM
I rarely play slots games and from the first few times I have played it wasn't on demo as it doesn't give the needful experience one would later be getting playing live paid games. Demo games are thoroughly provably fair and that makes their winning rate high and not contestable cause it's no money in it.
A lot of people that had to start learning any game using demo the chances are that they tend to have a high losing rate when they decides to migrate to real live games that's because there's now a contestation between the game providers and the player. So, Playing real live games is what I prefer most.

Sometimes I think that when you play the demo games, you have stress free mind as no money is invested in these demo versions of the games and therefore your win rate is higher.  Even if we believe that both demo and real games are totally the same from the backend, still while playing the real games we may make emotional decisions as our real money is at risk, so we lose more.

Also, most of us do not calculate the loses in demo games, but we calculate each and every loss in real games, so maybe the loss in real games seems more to us.

No guilt feelings attached so for sure you can do a lot of things with the demo money. But also expect that you encounter an outrageous result like you are winning big amount since sometimes this is one of marketing done by a casino which they make people believe that its easy to win on their slots or any game and earn huge money if they try gonna try the live mode on their casino. Some people got caught with this idea and newbie should take extra precaution especially if they get a wrong expectation on that particular game.
958  Other / Beginners & Help / Re: Why Crypto may go wrong for some people on: August 04, 2023, 10:48:48 AM

CONCLUSION
Crypto isn't for lazy people. It involves research and continuous learning. It may look bored if money isn't made in the first few months but will definitely make you smile after months of endurance.
Just like someone who just joined the Bitcointalk forum, it takes continuous learning to survive in the forum until it ranks higher. Whatever is done requires process and knowledge to achieve goals, someone who is willing to learn will slowly form to become a successful investor in Cryptocurrency. Someone who is bored within himself and is lazy to look for information related to something will never be able to develop, intention that is accompanied by a willingness to learn will increase the ability to do things including investing in Cryptocurrency.

Even if your rank goes higher you still need to learn new things everyday since crypto is evolving. If you don't join the flow and be adaptive then you will miss an important thing on technology and might you will get outdated on current trend. So much better not to focus on this forum but rather also explore outside since there are new information mostly release outside before posted here. So you will have enough knowledge on the topics and contribute very well for people who want to read about new topics posted.
959  Economy / Gambling discussion / Re: [Boxing] Inoue vs Tapales for Unified Super Bantamweight Title - November on: August 03, 2023, 02:45:40 PM
Yup we can call it a mismatch, even with Fulton, who we thought could be the bigger guy as he is a natural super bantamweight and has been in tough fight was no match to the monster.

And with that kind of performance and what Tapales has shown, it's hard to see how Marlon can put up a big upset here. He really need to be in top shape, super fast and power in both hands. But he is not a natural power puncher and everything points to Inoue to win in another spectacular knockout.
Yes. Top shape, in condition, in rhythm, and everything needs to be perfect for Marlon Tapales to win this fight.
I am a Filipino and I don't underestimate him because I want to support Filipino boxers as they are the real chance of Filipino pride. We cannot do anything with basketball but we can do something in boxing and many Filipinos have already proven that.

I won't bet for Inoue, I promise that. But, I want to see more of Tapales showing how creative he will be in defeating the Monster. He ain't a bad fighter and defeating him will make this another achievement for us. As a gambler, they say not to be emotional but this fight is way far from that. It's about supporting your countryman against another so without a doubt I will take whatever underdog odds they will give..
It's look like we are in the same country mate and like hat you said we don't have chance to rise in the basketball league but in the boxing industries we already proven that Filipino is the best and the best example of that is the one and only 8 division champ Manny Pacquiao, anyways back to the topic Inoue vs tapales, which is for sure this is a good matchup as we all know that the monster prove that his is the best in bantamweight division but one thing  for sure Tapales will have a chance to win the match all he needs is to study the fighting style of the monster.

Tapales is also a champion so Inoue and other people should look at it as easy fight for Inoue or even a sure win for japanese monster since he might caught by a big shoot thrown by Tapales if he relax to much on their figh. Even though that guy is underdog for sure he will exert more efforts in this fight since if he could able to defeat Inoue then this is a big achievement of his boxing career and he might gain outrageous fame for defeating the Japanese monster they call.
960  Economy / Trading Discussion / Re: Are memecoins tarnishing the image of crypto? on: August 03, 2023, 12:53:43 PM
Not really because even if meme coin is known to be a pure scam it didn't give any big problem as a whole since many already know that there are just a scam dev take the advantage on what is the current trend in some particular season. And beside there are so many things that people would probably love about crypto and meme coin scam is just isolated cases which people can avoid if they just do there research before investing.
How sure are you though that people already know that a meme coin is a scam? Just so you know that many people are still falling for pump and dump scheme and it's easy for those scammers to pretend that they are a legitimate one. The problem with your optimism is that people will check out crypto in a more in-depth after experiencing scam is highly unlikely. Even if you say that it's isolated, news stories will still make a big deal out of it and people are most likely to associate that case to cryptocurrency as a whole.

I think what OP is trying to say is that with a lot of scam meme coins out there, it's tarnishing crypto because those are the first thing that most newbies to crypto encounters which makes it frustrating for them and crypto ends up giving a bad first impression which might discourage a lot of people from even going deeper in the cryptocurrency rabbit hole. Regarding the question that's in the title, it's not the meme coins itself that's tarnishing cryptocurrency reputation, and not all meme coins are scam per se, maybe a market manipulation toy for whales but scam is a bit far fetch.

You know if there are other investors here in the crypto space who are investing in memecoins, it is because they are participating in a small amount that they can time that there is a potential for the value to increase in the future, as happened with Pepecoin, Shiba inu, and dogecoin they can advance in life immediately. And we can't stop it if it's their choice of decision. Especially since they are willing to lose the capital they will use for meme coins. And I also think that this mentality will not disappear from other people in the crypto space, who knows if the era of meme coins will come.

But that scenario achieve by the meme coins mentioned is not happen all the time with other meme coin since majority of those is built for scam and to bad for the investors if they believe that there's similar will happen to the coins or tokens they hold but they just end up being scammed. Much better if they do more extra careful on their investments and maybe holding meme coins should less on their priority. Best for that coin is for temporary investment since to risky to decide for holding it.
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