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1441  Economy / Economics / Re: Connect data to accelerate cashless payments on: June 21, 2023, 09:20:48 AM
Cashless payment has become so popular and is gradually becoming a habit of many consumers, like last weekend I went to a market in a rural area when I saw that there were very few ATMs around, but surprisingly, the sellers there accept online payments, and the real amount is only about $2 for some fruits. I'm impressed with them because it's still a poor area and payments are mostly cash, but the way they're approaching the changes in the world is still unrestricted.
That actually makes a lot of sense from shop's point of view when you think about it. Keeping a lots of cash with cashiers has attracted robberies in the past.
If you try to rob via forcing mobile payments, you instantly get ID:ed and all bank transactions are reversable. So these days you encounter more people just stealing stuff from the shops.
That's harder to pull of and doesn't include cashier being threatened with a weapon.

Although this is a rather small issue in terms of personal experience, it is undeniable that it is the direction of future development in the new era, what do you think about this issue? Although I know that not everywhere has enough conditions to be exposed to changes in technology, finance, new knowledge, ... but what I am paying attention to is that it is more convenient for life. In life, there are problems that will come to universalize it but over time people do think we will use less cash.

CBDC:s will be the future, no matter what our philosophical views on it are, that just makes most sense. However i don't see it as monsterous as most people in here. There's no consensus formed about the privacy level of it yet, but i hope that there will be a level of privacy most people are happy with, that it still could at the same tme help fight money laundering.
1442  Economy / Trading Discussion / Re: Which indicators you use? on: June 21, 2023, 09:07:39 AM
Indeed, people who can analyze themselves are very helpful for trading. I have seen many traders who do not use any indicator but trade based on their own analysis and earn very good profits.

But I think if you use indicators along with your analysis, it can improve your trading, because there are many indicators that provide you very good guidance in trading. You are absolutely right that finding such indicators is not an easy task. Still, it cannot be denied that indicators play a very important role in trading. You can make a good trade by using different indicators. Many traders are benefiting from this indicator on a daily basis.
They are using indicators imho. Traders you are talking about are most likely just making their own indicators or combining several ones. Even meme trend lines that you draw can be seen as indicators or volumes you combine with them. You can build an indicator from several data points by yourself. So there might be indicators ready for the tactic you are currently using without knowing it's already been automated. It's all really how you read the data or combine it with fundamentals.

Saying that you don't use an indicator usually implies that you don't trust just one indicator blindly.

1443  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How is the chance of $PEPE to become the next $SHIB? on: June 21, 2023, 08:56:52 AM
if you have invested in PEPE then you just have to wait for the price of PEPE to increase very high, because I'm sure the popularity of PEPE will be equal or beat Shiba Inu, but if you haven't invested in PEPE, then you better to invest in PEPE at this time, because the price of PEPE has decreased and this is the right time for you to buy PEPE (the price is being corrected), but I do not advise you to invest in PEPE for the long term and sell when the price has increased very high (gives you a lot of profit), because investing in PEPE for the long term is very risky.
Ok this doesn't make much sense.

Starting from WHY, do you think it would it be even equally popular with shiba? Are shiba holders selling some of their shiba so they can afford to buy PEPE or where are these new meme token hoders are coming from? There are only so much money to throw around for meme tokens and why should these 2 from all the meme tokens be equal?

Being equal with shiba would mean almost 10x growth for pepe, so that would take some time to get there yet you are saying that people shouldn't hold it for a long time because it's "risky". But without being "risky" there wouldn't be a potential for price mooning or chart going parabolic.
1444  Alternate cryptocurrencies / Altcoin Discussion / Re: Seeking Guidance: Legal Challenges ERC20 Token on: June 20, 2023, 10:14:03 PM
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We seek your advice on deploying contracts and establishing mechanisms for sharing returns or dividends, as we approach the imminent launch after investing significant time.
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Here you go, only this makes it an instant security as promising dividends would be investment contract.
Usually people have messed it up right on the advertising, all it needs is expectation of a profit. Even hinting there could be some is enough.

Frankly i am worried that you need to ask legal advice from here. Not from the actual legal professionals. I mean there's nothing wrong asking but take the answers with a grain of salt.

Asking legal advices from pseudonyms and making financial decisions based on that makes me think you are going to mess something up. Hire a professional for a professional work.
Or you might end up paying way more then their salary.
1445  Alternate cryptocurrencies / Altcoin Discussion / Re: What tips you will give to a new investor to identify scam projects early ? on: June 20, 2023, 09:59:37 PM
There are ton of things you can do. And this subject has been talked over and over in this forum,
But i have lost faith that most people would even have the tools or expertise to understand how to compare even succesfull projects. Not to mention identifying a scam.

So i am picking one of your advices here:

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2) Asking about the project on forums like bitcointalk where more experienced members can give proper advice.
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If you ask about a project. There's a good change that someone in here will take a look at it. Like i often do, even if i don't response to everything.
You might not get the answer you are looking for. And some people blame you for not doing your own research. But if you are asking a honest opinion and not trying to shill something,
you might get answer from experienced people. Some people will overlook the red flags, and some see red flags when there are not any. But you ain't going to lose by asking.

If anything, you'll get more data for your own research.
1446  Other / Politics & Society / Re: What are the most recognised celebrations in your country? on: June 20, 2023, 09:48:55 PM
I am a Christian and you, we do celebrate the greatest of all celebrations that you didn't put in your list which is Easter day. This is the day that is used to celebrate the resurrection of Jesus Christ,because assuming Jesus Christ didn't resurrect from the dead,there will be no Christmas celebration.

The resurrection of Jesus brought and strengthen our faith in God and also brought the name Christian i.e Christ like. Down here in my country we also have festival days. Boxing day is also another day to celebrate, when gifts are put in boxes and given to people.
From what i've heard, Easter is quite big in Russia. I supposed it's pretty big in religious communities in Finland too, but not that big of a deal. Christmas however must be the biggest, and it's celebrated by non-religious as well. We used to have a law keeping all shops closed in Christmas day, but these days they are allowed to be open, most of them are not though.

Right after that is New Years day, which OP didn't even mention, in here it's celebrated by everyone.

Then there are Vappu (may day), which is traditionally celebrating worker's rights with parades and university students. Eve of may day involves heavy drinking and partying, next day marches and picnics.

Independence Day, for general public is celebrated quite quietly. In their own homes, there are some ceremonies obviously and change to feel all patriotic But mostly everyone has their own traditions for that. Like watching the movie "unknown soldier" from tv and independence day reception by president of Finland. Speeches and such.

And my personal favourite is Juhannus. Most people are staying awake whole night as sun doesn't set and people are dancing, burning bonfires, drinking and swimming, usually in their own cabins and bathing in their own saunas. Cities are quite empty and silent in Juhannus.
1447  Alternate cryptocurrencies / Altcoin Discussion / Re: I created my token and launched it on launchpad, but I don't have money for adve on: June 20, 2023, 09:17:55 PM
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...just wanted to see if someone without a lot of free time, without resources and without being famous could build something in the crypto market or if it really has become a game of marked cards and only with a lot of money to make the project work.
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Well obviously someone CAN do that, but changes are that you don't succeed. Do you know how many tokens there are made in a day and how much money they would need to run?
According to Solidus, 350 new scam tokens were created every day in 2022. Many of these and other unsuccesfull coins have experienced teams working for them and they still are doomed from the start.

Because markets couldn't handle everyone making their own successful token. There's just not enough money or interest around for all of them.
Now you are basically asking that, can you do better, without any expertise, or coding skills, no vision, money or a team. Then what do you think? Why you think you could?

It's not about money though. If you are just creating a token with funny name, you are putting zero effort for it. Talking potential investors in telegram isn't really working for it. And you can't make anything without work.
1448  Economy / Trading Discussion / Re: Making a x10 or x100 by short selling on: June 20, 2023, 08:38:02 PM
x10 is a very big profit, even x2 is very good because it doubles your capital, not many markets are able to give you such a profit. But it is very important how you can take advantage of this opportunity, and how much capital you invest, because if you buy 1000 dollars worth of bitcoin, then in the end when you can double your investment it will be only 2k, that's not so much, or even if you succeed on a new bull market and you get x10, then it will be only 10k, which is already better, but still very small.

And imagine if you invested not 1k but 10k, how much would it increase your potential profit, and if the amount is 50k, or 100k. Therefore, having good capital, one cycle may be enough to become a wealthy person, there are always opportunities, you just need to be able to use it.
Saying "have more start money to invest" isn't really constructive advice. Investing $10k if you have only $1k to invest isn't a missed opportunity. It's a bad advice.

Everyone start with something they have, so you need to plan around on that.
I've seen people making millions by starting with $500. You just don't usually do it with hodling one coin but keep making more by cashing out soon enough and changing the projects and raising your capital slowly.

Sure it needs lots of research and work and ton of luck to succeed. But you would need way more luck just finding the one project making you rich.


 
1449  Economy / Economics / Re: The SEC is right. It's not about Bitcoin, it's about centralized shitcoins. on: June 20, 2023, 08:06:31 PM
I'm tired to read all the comments in the vein of "the SEC is threatening the crypto world" or "the SEC wants Bitcoin to stay small".  Roll Eyes

The SEC's action against Coinbase and Binance has quite clear accusations: these exchanges allowed trading of securities without being authorized to do so.
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While i'll sort of agree the rest of stuff you said, i don''t see the part i bolded quite accurate. Those were securities after SEC said so. So they were only trading securities after they were declared as securities. It's safe to assume that most CEXes acted in good faith that those would be utility coins/tokens.

That being said, there was lot of shady stuff happening which i never understood to be legal, like "staking" for example. It wasn't staking as in securing the chain, it was just paying interest for keeping tokens "locked". Most likely those were even lended elsewhere.

One thing that still weirded me out is that CEXes like binance were giving lambos and other prices for volume manipulation when they were still starting their operation. I think many of them still hold "trading competition", which is a misleading name as it only counts how much volume you manage to make, and obviously those affected to price as well. Which makes it a price manipulation.

That just can't be legal. I guess SEC moves step b step and this was most urgent issue.
1450  Economy / Economics / Re: 85% of AI start-ups will fail within 3 years. on: June 20, 2023, 07:54:29 PM
This is an opinion piece. 85% of AI start-ups will fail within 3 years. Link to article. That's what they have said. But what do we think. We use the internet everyday and may even be using one or two AI tools to help us become organized, productive and efficient. Hundreds of AI start-ups are spring up everywhere everyday - while some are jumping in without due diligence some, some are doing it for the money while some others what to make an impact. The AI startups boom is compared to the dot-com bubble where a lot of them failed. Some AI start-ups are: Open AI, Frame AI, Jasper, Drafter AI, Smartly.ai.
What do you think, are we experiencing an AI startup boom like the dot-com bubble? And do you think that 85% of them will fail within 3 years?
85% seems like a made up number but even so, i think that the number should be higher. Crunchbase lists 9,587 AI startups and with 85% dying there should be 1438 left in 3 years. IMHO there will come even more and number will be way less than that. Most of them run out of money in 3 years as they are basically money grabs. Reason is obvious, people love to fund trendy stuff because they think it might get adopted by apple etc...

Even though that would be only crappy "AI" app making your voice sound like a toddler, people see it somehow on par with chatgpt 4.
1451  Local / Nigeria (Naija) / Re: CZ called Binance Nigeria scam entity on: June 20, 2023, 07:39:14 PM
To understand it better, read the content on this link: https://www.mariblock.com/nigeria-sec-warns-against-binance/

“The company [Binance Nigeria Limited] is not affiliated to Binance. It was only registered for arbitrage reasons when we thought Binance might want to set up operations in Nigeria. But that did not happen, and as you can see, it [Binance Nigeria Limited] is inactive.”
Thanks, there seemed to be some confusion, like Like dailypost and many others saying Binance is now illegal and sued by nigerian SEC. BNB might have been slightly affected by the fud but nothing noticeable as everything is so volatile anyway.

But it couldn't be that big of an operation, could it? How long did the scam run and how much they scammed?
I can't even find any trace of the binance nigeria ltd site, existing ever by google. Usually even if the site was a scam there still will be other sites linking to it and influencers talking about it.
All i find is dozens of articles quoting CZ saying it was a scam operation.
1452  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Looking for the Next Great 1000x on: June 19, 2023, 09:33:42 PM
Memes coins are too random to choose the right one but there is some interessting picks in this thread thanks

My personnal choice for a lowcap gem is sclp because :
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- biometric bridge coming
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Don't' know what biometric bridge is, so if you want to shill it, don't assume people do get everything. It sounds like fingerprint or eye scan instead of private key, and frankly i don't see that revolutional. Just google auth app works better.

But scip was on my radar as a newcomer from end of 2022 and i even had some of it in my wallet. Selling it almost immediately when it started dumping was one of the best panic dumps i have made as it has just kept on dropping. It's near ATL again and while it's cheap, it isn't worth my risk until it's way below $1M marketcap. But good luck with your investment.
1453  Economy / Gambling discussion / Re: Do you take Part in Gambling Lotteries ? on: June 19, 2023, 09:10:34 PM
     -   It's been a long time since I bet on the lottery. And that was the first time I bet on the lottery and I chose 6 digits and the next day when I checked the newspaper to see what number came out, out of the six I chose, I won five, of course I was very happy.

I took my winnings at an outlet here, I thought I was a lucky person so I bet again because I thought I might get the jackpot, but I was disappointed. after events like that it was no longer followed.
That's weirdly my experience as a kid as well. With my first lottery i chose numbers for one game in my dad's lottery. My row won a lot, i recall my dad shouting from joy, but he never told me how much my row won. After that my dad made me fill one row for every lottery but i never won again.

I was so young that i didn't have any bank account or anything. My dad kept the money and gave the biggest bag of candy i ever saw to me. But i was quite annoyed as i didn't know how much he won and never saw a penny unless you count that bag of candy Smiley. Sadly he was living a luxurious lifestyle and spend it all before i even had grown up.¨
1454  Economy / Gambling discussion / Re: Have you been threaten to stop gambling on: June 19, 2023, 08:58:13 PM
This actually happens if there is a similar thread I'll lock this thread.

My friend invited me for a round of drinks just last night to confess something, and that is his wife threatened to leave their house and file for legal separation because the wife just discovered that he's spending a lot of time gambling, she thought that he's just playing games but she discovered his logged because the idiot has his password in the browser, so the wife check his withdrawal and voila his losing a lot of money and she also discovered that he won big money in the past but didn't tell her.

I guess that blew her patience for not telling his winning, so he threaten that he should stop gambling or they part ways, my friend choose his wife so he cannot play until he can convince his wife and promise her to tell her if he won big. Cheesy

How about you have you been threatened by your wife, your girlfriend, or your parents, if so tell us your story.
Is that really threatening? Sounds more like an ultimatum, and she is allowed to do that. I know people that wouldn't watch that kind of behavior at all so divorcing is totally understandable.

I don't know about their monetary arrangement but usually if couple is married, there are joint bank accounts and mutual budget. Any bigger spendings will be planned together as you are living with the same.

Gambling away your family's money is totally unacceptable. I would leave just if i was blatantly lied to. Not to mention gambling away our shared budget.
1455  Economy / Speculation / Re: The low support level may still be tested during 2023. on: June 19, 2023, 08:47:03 PM
Well, I guess its been how many weeks now since the SEC sued Coinbase and Binance now and it looks like bitcoin price did not react that much threatening to touch the $20k level. Though it attempts to go below $25k after the SEC wants to freeze binance assets but immediately got back up when the judge decides to just let binance do their business as is while the investigations are on going. So, I don't think bitcoin may have fall at that level as the market sentiments are kind of positive right now. People seems buying the dip and trying to accumulate as prep for the upcoming bullrun that the halving may cause next year.
Suing someone isn't really that damaging. SEC charged Ripple 2 years ago and we are still watching that to unravel.

What happened is that SEC decided that many altcoins were securities, and now they are suing exchanges for allowing buying and selling of securities all along.
Keeping in mind that those weren't securities just while ago.

So now CEXes are unregistered security exchanges. Bittrex just gave up. There are many things that are weird in this but funniest thing is that either side could wint this. We are in uncharted waters and crypto is stlll relatively new. Regulations can still change a lot, even during the court fight. One thing i am certain is that this will get way more complex then it already is.
1456  Economy / Gambling discussion / Re: Gender in Gambling [differences between Women and Men in Gambling] on: June 19, 2023, 08:22:54 PM
You are quoting a research i didn't find by google, nor your link was pointing into any actual academic research.
I tried to search Psychology today but their search isn't that great either. So it's really hard to review any research without reading the actual research, or even an article about it.

And using google translate when you want accurate grammar make the page a very vague source.
1457  Economy / Gambling / Re: Stake.com - The Leading Crypto Casino - Drake, UFC, Everton, Alfa Romeo F1 Team on: June 19, 2023, 07:58:10 PM
LOL last week I won again giveaway this is my 2nd luck I mean I won 2 times a month  Cheesy even though we have 3580 participants and 18 winners
Don't think that I am an exclusive user, I am just a normal user who might be lucky. Make sure you participate at stakecommunity.com every Saturday
There's nothing you need to do except post your username no one knows when your lucky day  Wink

Huh? Gongratz and thanks for the tip, i didn't have any idea about any giveaways.
I thought i made an account there already but can't find anything from my laptop, hopefully double accounts aren't prohibited in there as i kinda want to make a account that's most likely my only account. But i would feel weird to hang in there just to participate in giveaways so i will look around and see if i can participate talking in there first.
1458  Economy / Gambling / Re: How succesful will AI projects be to win the house? on: June 18, 2023, 06:03:31 PM
I completely agree with you. It is certain that there are jobs that will be replaced by AI. It will all depends on the people or company who will be using it on how they will utilize our current technology. For now as we are growing in a world that is currently developing AI, there are jobs that are borned but is very limited, we can see jobs in like analyzing if it is a job that AI did based on output and prompt engineers who masters at giving prompts or teaching AI. Casinos should be ready when AI as it's full blown, I'm certain that it will be used against them.
But HOW ai would be used against the casinos? Beating the house would mean it would beat the mathematics behind house edge itself. The edge is designed to make money,
Slots should be obvious that you can't "win" them by counting. And even with backjack, from what i know there are already systems in place to prevent cad counting teams.

If you are talking about sports betting, if majority of people started winning via bots, soon they wouldn't be even worth the risk to play as winnings would be so low.
If you are talking about the poker games, players would be scamming each other, not the house.
1459  Economy / Services / Re: I'll pay to find a specif person on instagram on: June 18, 2023, 05:35:03 PM
Can someone find me a specific person(on insta) knowing only the name, birth date, the region where she lives and having some photo?
Wait what? Its not thief lol u moron, i just lost contact with my friend and i want to find her
Is she would be your friend you wouldn't need a paid investigation to find her freaking instagram.

People who are helping OP for money, understand that you are most likely helping a stalker trying to locate a prey from pic backgrounds, probably a stalker with restraining order.

There's most likely not one decent private detective that would take OP's money. That's why op is trying to pay as a pseudonym.
1460  Alternate cryptocurrencies / Altcoin Discussion / Re: Will you invest in a project that might take years to outshine the market?? on: June 18, 2023, 05:27:28 PM
I agree with you. Many people are too impatient and expect quick returns from their investments. They don’t realize that building a successful project takes time and effort. They should have a long-term vision and support the project they believe in.
You can't really judge people on thinking that. The whole crypto rich myth as build on getting rich over night because some people have done it. EVERYONE i know has came into crypto other than devs has become in because they wanted to get rich.

I see those people in low- and microcaps, but they are a minority or they are not as loud as sensible hodlers. Somehow every new lowcap token out there thinks it's reasonable to have over $100M marketcap. And if they are going past that, they will start to talk about being next shiba, or eth killer.
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