Re: Why is Bitcoin hard for people to understand? I'm thinking of 2 things. 1. There are terms and definitions that are considered "first-time" to most of the people. Terms like blockchain, node, computer mining, hashrate, cryptocurrencies, and so on and so forth. For them, it's their first time to hear these words hence, they'll be having a hard time understanding it, and some even just quit and forgets about it especially when they feel overwhelmed because of these information that they can't grasp. 2. Sometimes, the problem is on the one giving the information themselves. I mean if they can make it easier for these newbies to understand then more and more people will understand it. I'm also thinking that there are some who aren't into computers as well. Also, I'm thinking that another reason is because Bitcoin is just a new thing, and we are having a hard time explaining it to other people in the simplest way possible. As for the video that you shared OP, I haven't watched it since I don't have a full hour or even 20 minutes of free time to watch it, but thanks for sharing still. I'm pretty sure that there are newbies here that will try and watch that video to gain more knowledge about Bitcoin.
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--- His argument is that the rich people gambling do not have to pack a lot of odds as in parlay bet to accumulate a high odd size that will give a satisfying potential win. The rich has the money to risk huge amount to a single game for instance 2 odds staked with $1 million to win $2 millions, but the poor staking with $100 to win $2 million has to pick multiple legs to accumulate odds to get such potential win. It hence decreases the gambling winning chance whilst the rich gambler chance remains increased.
There's so much misinformation on this one. First, why comparing yourself to those rich gamblers out there. Of course they can risk a million just to make another million because they have the money to do it. You as an average person must be realistic with your winnings as well. If you only have 100$ to gamble, don't think that you will make it to $2M in just one bet or even in 10 trades. If you want to have that kind of money, you need to allocate huge amount of money instead. Your winnings is direct proportional to your capital. As for the "satisfying potential win", it's just that these rich gamblers know how to be contented with their winnings. The problem with poor and average is that, they think that they can win the same amount of money the rich are winning, but with a smaller amount of capital. Like what I said, if you want to win a million dollars, you need to have at least a million dollars more or less as well. Rich isn't favored when it comes to gambling. It's those who are lucky that are being favored. Always be realistic on your winnings. Rich people don't care about their winnings because they're rich in the first place already. Only the poor and average ones because they see gambling as their way to make money which is very wrong.
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I mean, Bitcoin is currently hovering between $116k -- $117k, which is a positive outlook for the market in recent times. I think if $117k to $118k is a pretty strong level, if Bitcoin can break it and go above it, it will be very easy to reach $120k this month. And if the market reaches this level, then the highest possibility is that ATH will form, but there may be some danger in that, if the market does not enter the high and continues to decline, it could go towards $115k. --- If $120k is crossed in the recent period then there is a possibility of a breakout and the market will then go higher which will help in creating new ATH. If monetary liberalization is adopted then Bitcoin market may see good money flow, besides ETF flow will give a great positive signal for Bitcoin. I think there is a 70% chance of Bitcoin creating new ATH this month, does anyone have any idea how likely this is to be correct?
Close to 0%. This week, Bitcoin has moved sideways from around $114,000 - $118,000. Nothing fancy happened, and as for Bitcoin, it doesn't show any signs that it will surpass or reach $120,000 anytime this month. We're around 9 days left until the end of September, and so far, nothing is happening that has a significant effect towards the price of Bitcoin. You think that there's a 70% chance of Bitcoin creating new ATH this month? I respect that as long as there's a reason why you said that. Just like what I said, for me there's a 0% chance that it will happen just because there's no news that's happening. For me, it's just good to see Bitcoin possibly ending this month with a green candle UNLESS there's some negative news that will be posted in the following days.
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This week was supposed to be volatile due to the FOMC, but things weren't as volatile as I expected. From the current market conditions, the effect of the news will take a few more days to be reflected in the market. I expect 113k to be raided before we see price get to 118k But in a way I feel the market could prove me wrong and head for 118k next without raiding 113k.
What's your take on the current market situation?
Volatile week? The market moved from a range of around $114,500 to around $118,000 only. Do you consider that as volatile?  Kind of funny. Anyways, the market didn't react that much after that FOMC because what many are expecting did happen - a 25 BPS rate cut. What will happen in the remaining days of this month will depend on what will be the news that's released. If there isn't any news that has a big impact towards the market, I expect that the market will move sideways before October. Speaking of rate cuts, I hope that we will stop talking about it momentarily, and just to add, there's a 92% chance that the FED will cut rates yet again on October during the next FOMC.  My take on the current situation. Nothing. Just a boring market incoming until the end of the month, and if you're a trader, it's better to trade on altcoins than on Bitcoin itself. 
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-- are you easily influenced by social media? do you think this is healthy? are other vices like drinking, smoking and etc worsen because of social media?
I guess it's safe to say that social media has a really big effect towards what's happening right now when it comes to gambling addiction, and not only it, but other things as well. Social media platforms plays a big role towards how the world is right now. I mean since many are using it, gambling owners will try to advertise on their platforms and as a result, people will see these advertisements, will get curious, and will try to gamble, and that's the start of the cycle already. Am I easily influenced by what I'm seeing on social media? Nope. I mean I've seen gambling advertisements every single day since I'm using social media every single day, but I'm not getting hooked by it or at least I'm not getting attracted. It isn't healthy to spend more time in social media platforms especially when you are seeing are only negativities. Are vices like drinking and smoking can worse because of social media? It can be, but for me, the main reason for these 2 to get worse is either peer pressure, or the environment itself.
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I lost more than one Bitcoin to Freebitco, rolling their Hi and Low games in 2017, I know one guy who lost 4 BTC to them too, I bet this platform has a lot of Bitcoin today, they are whales in disguise.
The year was 2017 and I can't help but think about FreeBitco and few others where it's been proven that many people lost their Bitcoin to them.
Like you, and most here, I also lost some Bitcoin in Freebitco.in as well. The only difference is that, I only lost a small amount of Bitcoin since I'm not into dice on that website as well. Back in 2017, they're one of the most famous Bitcoin faucets in the whole crypto space, and many are using their website to get free BTC, gamble thru dice, or just simply letting their users store their BTC there for an additional interest. --- we are to ask ourselves who the first whales are in this crypto space I will have to point to the likes of FreeBitco and others.
In terms of being a whale, I will always look at Lazlo as the first WHALE of the crypto space. I mean he held 10,000 BTC back when no one is.  Freebitco.in might be holding more than 10,000, but there's no proof that shows it. Back then many people doubled their Bitcoin this way and many lost theirs, where are all those Bitcoin today? Freebitco is still working till date, they must have big bags of Bitcoin now.
Online Gambling and faucets platform like Freebitco is one of those whales today, I am sure many people have more platforms in mind, especially gambling platforms, aren't we just enriching these people? This is why I hate using Bitcoin to gamble today, it's a waste of valuable asset.
Unfortunately, there's only a limited amount of thing that we can do to spread awareness about the website because users that have been here for a long time know that there are many users who's accounts got locked on Freebitco.in, and can't retrieve their money anymore. They're still operating, and still continuing to scam those new users out there. As for Bitcoin being used to gamble, it's the decision of the person on whether they will use it or not. I personally don't hate nor love it. I'm on the neutral one because at the end of the day, it's the decision of the person, and not us. Many look at Bitcoin as a valuable asset yes, but there are some out there who looks at Bitcoin as some asset that can be used for gambling. 
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I do agree, we've seen also that recently in the case of WB, there are still some who thinks that he is still in his prime and a caliber player. But the former MVP is just a shell of himself and for this season, no team has absorb him.
Sad not seeing him in the NBA anymore, but I don’t think his career ends here. Other leagues will definitely take him if he wants to keep playing. Just look at guys like Lance Stephenson, Jeremy Lin (retired), Dwight Howard, even Cam Reddish, they’re no longer in the NBA but still doing well in other leagues. It feels like the NBA gave up on him too soon. he already cemented his legacy as the triple-double guy, and that will stick forever no matter where he plays next. I hope OKC gets Wb even a veteran contract, he is the one who carry the team when Durant leave okc, also best to retire in okc, i just think the guy can still play, and can contribute to a team not like before but he can mentor players, but if not for sure we can still see him play on other league outside of the US, he has lots on his tank, its just the competition is tight those injuries really change his game, i wish the explosiveness returns but no his a bit old now. I don't think that it's the contract that's the reason why he still doesn't have a team right now. It's the fact that nobody wants him to be in a team for some reasons. Maybe his inconsistencies to cope up with how the league is right now which is more focused on 3-pt shooting which BTW is where he's lacking. Maybe he's a liability on defense? For whatever reason it is, I'm pretty sure right now that it isn't the contract that's the reason why he's still out. I really do hope that there's somebody out there that will give him even just a minimum contract, but I wonder which team will it be. It's just a bit unfortunate that after how he played back when he's in OKC, many forgotten that already and what the people remembered is his fails back when he's a Laker. They remember it more than the achievements that he got in his early years. Well, can't blame the fans though if that's what they think about him. I still believe that he can still play outside the NBA just in case he doesn't get a contract, or maybe play in the league where Stephenson and Beasley is playing right now?
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Albania prime minister nglagay sa position sa isang AI para sugpuin ang corruption sa knilang bansa, pinangalanan itong daella, gagawin itong member ng kanilang gabenito subalit present ito virtually syempre, nagawa ang AI na ito sa pakikipagtulungan ng microsoft at ng bansa nila, sa tingin ninyo possible din kaya ito sa ating bansa, at makakatulong kaya ito sa corruption, ngunit maari din itong mamanipula ng mga gumawa neto magkaroon kaya ng pagbabago kung ito ang susundin? https://www.nbcnews.com/world/europe/albanias-prime-minister-appoints-ai-generated-minister-rcna230963Nasa "experimental phase" sila kaya hindi natin alam kung ano ang magiging epekto nito sa bansa nila. Unang beses itong mangyari sa kasaysayan. Una, nagpromote ang mga tao sa Nepal ng bagong prime minister gamit lamang ang DISCORD. Pangalawa, AI naman ngayon ang prime minister ng Albania. Ano naman kaya sa susunod?  Nasabi mo rin na nakipagtulungan sila sa Microsoft so pwede ba nating sabihin na may power rin ang company na ito sa buong bansa dahil isa sila sa rason kaya nabuo ang AI na yan na ngayon ay prime minister na nila. Yun ang nakakatakot dahil pwede nilang gawin ang gusto nila sa buong bansa dahil ilang code changes lang sa AI ay magagawa na nila yun. Gaya ng sinabi mo, pwede silang magmanipula para sa ikakaganda ng kompanya nila. Well, masiado pang maaga para mag judge o tumalon sa konklusyon. Bigyan natin ng 1-2 years itong AI prime minister na ito at kung maging successful ito, baka magkaroon ito ng Domino effect, at maaari ring gayahin ng mga maliliit na bansa. Bigla kong naisip tuloy. Pwede kayang tumakbo ang isang AI sa politics sa future? 
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--- 2- Pangalawa, wala kang proteksyon pag na-hack yung exchange o biglang mag-shutdown, goodbye funds talaga. 3- Pangatlo, posible rin na yung coins na mabili mo ay “dirty” o galing sa illicit wallets, at kapag nilipat mo sa regulated exchange baka ma-flag o ma-freeze. At higit sa lahat, kung mawala ang pera mo, mahirap magreklamo o maghabol kasi hindi sila rehistrado rito.
So malinaw na crypto trading is still allowed. Ang tanong na lang: handa ba tayong tanggapin ang risk ng paggamit ng unlicensed exchanges, o mas pipiliin natin yung mga rehistrado para may konting peace of mind?
Between paggamit ng unlicensed exchanges, at paggamit ng mga exchanges na lisensyado sa bansa natin, mas pipilliin ko na lang gamitin yung mga unlicensed exchanges. Pagdating naman sa risk, alam naman na natin na meron yun, at mas okay na yun sa akin kaysa gumamit ng mga local exchanges natin na panay maintenance, ang daming documents na hinihingi, at nangfrefreeze ng account pag mag wiwithdraw na malaking halaga. Yung 2 ang possible risks pero sa tingin ko naman eh pwedeng maiwasan or malimit pa rin. Yung pangalawa, wala tayong magagawa pag nahack yung exchange na ginagamit natin kundi magdasal na lang na hindi tayo nawalan ng pera pero ung tungkol sa shutdown, sa tingin ko mas mainam na gumamit tayo ng mga exchanges na malaki ang trading volume pero siyempre hindi pa rin maiiwasan na baka anytime, mag shut down par in sila. Patungkol naman sa pangatlo, madali lang yan. Wag kang ma-involve sa mga bagay na sa tingin mo eh "dirty" para sa mga exchanges. Nagkaroon ako ng problem sa Binance account ko dahil jan at ngayon, hindi ko na maaccess. Gaya ng sinabi ko, mas pipiliin ko na lang gumamit ng mga unlicensed exchanges kaysa sa mga bulok na local exchanges natin at sa tingin ko may ilan na aagree sa akin patungkol dito. 
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Crypto markets are moving sideways today, with Bitcoin consolidating while altcoins show mixed patterns. Nothing too dramatic, but it feels like traders are waiting for the next big catalyst. Do you think the next strong move will come from Bitcoin leading, or altcoins breaking trend first?
The question is "WHAT" will be the next big catalyst? Or should we need a catalyst right now in order for Bitcoin to go up in price and reaching new ATHs again? I still believe that Bitcoin for the rest of September will move sideways to around $110,000 - $120,000 before it goes up in October which often they call as "Uptober". Right now, the Bitcoin dominance is going down meaning most of the money that are into Bitcoin are going out, and it's either being invested into other asset classes, or into other altcoins particularly Ethereum and most of the top altcoins out there. For me though, this drop in Bitcoin dominance is caused by the retail investors selling their Bitcoins, and I wonder if there will be a time where large institutions will join the party as well and they will sell their Bitcoin holdings, pushing the price even lower. Nevertheless, it's hard for a trader to make money right now because of how hard to spot the trend. Congratulations to those who are making money still though. As for me, I'm just at breakeven. 
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Re: Have you ever lied to cover a gambling loss? Nope, and TBH, I don't have any reason why should I do it. There are only a number of people that knows that I'm into gambling. My partner is one, and the other is my friend which is into gambling as well (gambling on e-sports games). Aside from the 2 of them, nobody knows that I'm into gambling. I don't see any reason why should I lie to cover my gambling losses because those money are my spare money, and isn't intended to buy something that's important. If the money that I lost is for something more important like for food, or for investment purposes then I will say it immediately to my partner. I don't like covering my losses especially to my partner because that only shows that you aren't open to one another, and at some point, you will say it to him/her anyways.
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While I have to agree, financially it's a loss for certain countries. But I also have to say that I believe they do this for a reason. Gambling can be dangerous if not handled right. Banning is a way to protect their people, can't blame a government for that. Obviously losing out on tax and other things because of the ban seems a bit off for some people, yet it also shows that they care, which you can't blame them for, don't you think?
Money is not everything.
Life of a person > the possible revenues that they will lost. What a humanitarian move by the governments. Well, as long as the whole country isn't affected negatively with the loss of these possible revenues that will came from these gambling websites, I don't see anything bad with banning it totally. I agree with what you said that gambling can be dangerous if not handled right, and it's because of the decision of these people as well. It's us gamblers who are making gambling way dangerous because of our own decisions. Gambling is just a tool, but our decisions is what makes gambling a bad thing. That's how I look at it. As for losing on tax, I guess those who imposed a total ban will just be fine despite banning it. I commend them for totally banning it on their country, but the question is, is the total ban the ABSOLUTE solution for it? I mean are those gamblers on their country can't really access these gambling websites anymore. Well at the end of the day, banning will help a lot of people not getting addicted into gambling.
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--- What do you think: Which asset class gave the best opportunities this year? Going into 2026, do you expect Bitcoin to outperform again, or will indices like S&P 500 and Nasdaq take the lead? Looking forward to your thoughts and predictions for 2026!
Obviously, you're just trying to advertise your website here for whatever reason it is. Anyway, it's pretty obvious that Bitcoin outperformed not only the Stock Indices, but any other asset classes out there. In terms of volatility, Bitcoin is way more volatile than these other asset classes hence, the higher the price increase. Now going into 2026, if we will follow the 4-year cycle, next year will be considered the bear market year not only for Bitcoin, but in other asset classes as well, and we know that Bitcoin drops way harder than other asset classes. The higher the drop, the harder the fall, and that applies on Bitcoin. In short, it will not outperform other those Stock Indices, but it will fall way harder.
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Parents must shield their children from gambling and other things as well. If they do not act in a good way for their children they are not good parents. Parents have to be responsible for giving their children safety.
If you say that a decade or 2 decades ago, that might be done quite easily because technology is very different than what it is now. This time, it's very different. Casino ads have been very rampant, and they're maximizing these different social media platforms thru advertising their websites in all over them. On the other hand, there are these young kiddos that are into social media as well, and they're spending hours and hours on it just doomscrolling, and it came to a point where parents are having a hard time stopping them. Not all though because I still believe that there are some parents that are doing a very good job when it comes to keeping their children away from these gambling websites. There are some though that I consider as IRRESPONSIBLE, and they just let their kids be exposed in these kinds of ads. Limited exposure to social media thru limiting their time of using smartphones. This is one of the solutions that I'm seeing so that they'll not get exposed into these gambling websites.
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It seems Jimmy Butler can’t help but check in with the Warriors’ front office. Understandable, since he joined the Warriors chasing his first ring, but the team isn’t really doing anything right now. They’re not adding anyone who could actually help, while other teams are stacking up their rosters for a strong comeback. The Warriors’ trio already expressed they want Kuminga back, but the real question is, will the Warriors give him more playing time and a bigger paycheck? I don't think so.
If you're with a team that hasn't done any single deal during the off-season, you will really be asking some questions about the future of the team. That's where Butler is currently. I mean the Warriors are the only team in the league that hasn't made any trades or acquisitions during the off-season, and aside from that, only 9 players are in contract, and the training camp will happen 3 weeks from now. All of these are happening because of only one person - Jonathan Kuminga. It's just unfortunate how the Warriors are being held right now just because of a single player. They want to give him a $25M per year contract, but they don't want to commit on him as well. Kuminga also said that he doesn't want to be with the Warriors anymore unless they give him more playing time. I wonder what Steve Kerr will be doing. As for Butler, checking the Warriors' office is a good idea for him. He doesn't want to waste another year of his career especially now that he's still chasing his first title. As for the Warriors, I don't know about their decisions, but it seems like they're dysfunctional currently, and can't decide what they will do with Kuminga.
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--- The question is: Did gambling play a major role when you started to use Bitcoin and/or other cryptocurrencies? Or was it at least one factor among others?
There are many possible reasons, for example privacy. Of course you can explain yours in this thread.
(BTW: if there is already a relatively recent poll, I'll close this thread and link to the poll.)
No. I knew Bitcoin back in 2017 already, and back then, I'm not into online gambling. I only learned online gambling when I joined a signature campaign called Yolodice where they are a online gambling website, but mainly focuses on dice only. From there, I started to join various gambling signature campaigns and because of that, I started to be into online gambling as well. Despite being into online gambling, fortunately for me I can control myself, and my spendings as well. I can say that it's the least factor for me, or it didn't have any factor at all.
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Base sa nakalap ko na balita ito daw ay mangyayari ngayong desyembre ngayong taon pero depende pa rin kasi yan sa pangkalahatan na istruktura ng crypto. Pero marami na din ang nagsabi na sa unang kwarter ng taong 2026 mangyayari yan. Pagka nagyari yan napakarami ang matutuwa at gaganda ang buhay. Pwede naman kasi talaga mangyari and pwede din na hindi kapag hindi pa handa si bitcoin na bumulusok sa ganyang halaga. Kayo ano sa palagay nyo? kasi 3 months na lang december na kaunting panahon na lang yan
Hindi ito mangyayari... base sa aking prediksyon. Ang naiisip ko ay mag ti-times 2 lang ito base sa ATH noong 2021. Ang ATH noong 2021 ay nasa $69,000 at ang x2 nito ay $138,000. Round off na lang natin at ang peak lang ng Bitcoin na expected ko ay nasa $140,000 or baka hindi pa nga ito maabot. Kung titignan din natin ang nangyari noong 2018 at 2022 (ang taon pagkatapos ng bull run year), bumagsak kaagad ang price ng Bitcoin pagdating ng January. Noong 2018, bumagsak ang BTC ng 25.41% at noong 2022, bumagsak naman ng 16.48% kaya ganun rin ang ineexpect kong mangyari sa susunod na taon partikular sa unang buwan ng taon. Ito ay aking prediksyon lamang. Maaaring mangyari, or maaaring hindi. Basta ang plano ko, December ngayong taon wala na akong hawak na kahit anong crypto assets.
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---
It looks more like a desperate move by the PBA to stop players from going overseas, but it’s not really effective. The ones who sign abroad are usually the most talented players anyway, they’re willing to take the risk and bet on their skills. For me, this doesn’t help the PBA’s reputation at all, it just shows they can’t compete with other Asian leagues even though they’re the oldest (or one of the oldest) basketball leagues in Asia. What they should be doing is not pressuring players, but adjusting the salaries to at least be competitive with the other leagues. It doesn't help their reputation at all, but it's the complete opposite. I agree with what you said that it's a desperate move by them, but they have no choice, or they'll be losing great players overtime hence, the decision was made. With this, it might be hard for their current players to play overseas already because there's this thinking where if they will not be re-signed in that team (overseas), they might end up not playing into any team at all because of the 3-year ban. As a player, there's nothing that they can do, but to stay with the league just to have a salary or take the risk to play overseas, or into another local league just to have a higher salary pay. Sean Anthony retires from the PBA after a 15 years stint. Though he did not won a PBA championship but this player is a gutsy one. He refuse an contract extension with NLEX as he wants to focus on his son's cancer treatment.
Good luck Sean on your life's next journey. ---
Aside from Sean Anthony, Ryan Reyes from TNT 5G also announced his retirement as well. LINKIf I'm Anthony, I would retire as well for the sake of my family so it's kind of understandable and he already has a job based on that article that I just shared so there's no problem on him financially. He can take care of his son while recovering from Cancer, and still make some money as he's working from home.
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Why not offer a first five role? I think that is what he is asking if it ain't about the money. The Suns also offered $80m for 4 years, so the Warriors' offer is higher, plus the team option. I also believe that he wants to be an ace. He doesn't want to be a defensive player for the team only. He wants to score and showcase his offensive skills, and that won't happen with Curry around.
But this drama will end very soon.
Probably Kerr doesn’t want Kuminga as a starter or an ace player since his style is not fit to his strategy plus the inconsistency on his game. As long as they have Steph and Jimmy in the roster I believe Kerr will not use Kuminga as the main guy unless he has no choice like what happened last playoffs when Jimmy is out. I believe Kuminga will be better and improved on team that requires him badly. It's not a "probably", but it's a certainty that Steve Kerr doesn't want Kuminga to be a starter, and it's because Butler and Kuminga are playing the same role, and if you're Steve Kerr, you will pick Butler over Kuminga, right?  One problem also is that, putting Butler and Kuminga at the same time doesn't work for the team. They want to build a team around Steph and Butler so it's safe to say that Kuminga's playstyle isn't fit to the team. Let's also not forget that yes when Curry got injured during the playoffs last season, Kuminga played really well especially on offense BUT they lost in all of those games meaning there's a problem with him, and the system the Warriors are playing right now. If I'm Kuminga, I would rather a much lower contract as long as I'll be playing with another team because for me, he doesn't deserve a $30m-$35M contract like what he's asking. Heck he doesn't even deserve a $20M-$25M just like what the Warriors are giving to him. He's around $10M-$15M player if you will ask me. 
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People already think avantis is the next Hyperliquid. There's a narrative on X . And I think those that got in after Binance listing would want to hold till at least 2x profits, so $5 isn't really a big deal judging by the current fomo. I got in around $0.3 on Bitget about 4/5 days ago, took some profits and I'm currently riding this risk free. Will love to see how far it could go.
Speaking of Binance, they also got their own DEX Perps as well in ASTER which also has an airdrop that's almost similar to Hyperliquid. It has been listed on their own Dex, and BingX and the price spiked up from around $0.10 to around $0.40 a few hours ago. I don't know it's price right now, but it seems like there's a building hype around DEX Perps right now, so I will not be surprised if other Layer 2 blockchains will create their own. As for your entry price, I will congratulate you on that one since you made some profits. I made some as well, but I could've buy my own car if I held it to up to $1.5 (Kidding  ). Some predictions says that AVNT could go to as high as $5, but for me, I don't think that it will happen this time but in the next bull run cycle.
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