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401  Alternate cryptocurrencies / Altcoin Discussion / Re: Are Cryptocurrencies with Good utility smart investment for the long haul? on: January 31, 2024, 05:05:44 PM
It is a no brainer. But needs to be sure the token has good demand from its ecosystem. I know some project with good utility but the token is only there to raise money, not much used in their ecosystem. In the end i dont know where they are now

I can't agree any less. I had an argument with a friend admitting that a good utility is not enough to make a token price to fly. And you just confirmed my stands. It's demand that drives the market and it's real users finding the project useable that makes the deference.
There used to be this idea among no-coiners that they support blockchain but not the incentives people are trading and getting. Some people still think this way. Depending on the use case and utility, having incentives that are worth it are often inseparable part of the tokenomics. So what you want is a logical and sustainable game theory on tokenomics that ensures there's a need for token and reason for token existing in the first place.

Many of these tokens might have an use case and need for them, but as those tokens are already overvalued, and any need for them won't be affecting the price, as using those tokens should be dirt cheap to get adopted or even make sense in the first place.

Like ARB for example. It worked fine without the token so how come token has so high marketcap? Using them for voting might keep the price up to ensure that major share won't end up for one entity, and if it would the whole point of the token would be meaningless and it would make arbitrum centralized and sole future of the development would be in mercy of that one major share holder. And i don't understand why it would rise in value from this point. Other than for delivering random airdrops and speculation, but those are really artificial reason, and have nothing to do with value it brings to users now.
402  Alternate cryptocurrencies / Altcoin Discussion / Re: bullish 2024 ! on: January 31, 2024, 04:40:42 PM
Currently many new projects with large funding raised are listed and it can be said that they are big projects because after listing some of them entered the top 50 of CMC. examples include APTOS ARBITRUM and SUI.
I mean, does the emergence of many new projects like this indicate that bullish is getting closer? What do you think ?
Sure, it's what commonly happens when altcoin total marketcap is bullish already, but what are you waiting for exactly? As we have been in altcoinseason for a while. Joining in after ATH is for average folk, newbs and former no-coiners that fomo in as they hear it from maistream news and panic enter. This retrace isn't going far. I wouldn't long it with leverage but i would predict that we definitely are heading for new ATHs.

So i would say that if you have money, and you are not in yet, you might start to enter the markets, as things will only get more volatile from here.

403  Economy / Speculation / Re: Was Bitcoin ETF really a good thing for growth of crypto and Bitcoin prices? on: January 29, 2024, 05:57:34 PM
I see a lot of threads here saying that now that Bitcoin ETFs are approved, it will boost the Bitcoin prices. However, that has not happened in last few days.

I researched more about it and came to know about this new point of view regarding this Bitcoin ETF. According to this point of view, Bitcoin  ETF has made Bitcoin mainstream. It has become something like regulated and as a result the premium effect is gone. Because of this, there will not be that much volatility in prices now and thus the returns it gave in past are now not possible. Do you agree with this point to view?

Here is a link discussing the same thing
https://www.moneycontrol.com/news/business/wire-news/crypto-is-going-mainstream-which-means-its-over-12135721.html/amp
It gets more volume, but nothing is saying it should go up immediately. There are rich people shorting it and I am guessing that they must have learned something about gamestock, so they wont short it to the ground.

I personally am doubtful about the whole etf. This just makes it even more price centric and more dependable on financial institutions and regulators.
404  Alternate cryptocurrencies / Altcoin Discussion / Re: Chances for a Litecoin (LTC) ETF? on: January 29, 2024, 05:27:32 PM
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So let's discuss. Do you think a Litecoin ETF has a chance? Are there companies that are applying for a LTC ETF (Grayscale, according to the Reddit thread, seems to have announced interest)?
Question is that is there enough interest for it? Because when it comes to fundamentals, and things SEC would be interested on, it's very similar to bitcoin. It didn't have ico. Founder even sold his coins, so there's even less confusion compared to Satoshi and his coins.

So it really comes to the question if there's even need for etf. Legally speaking i can't find any reason why it would get a pass. Other then is everyone getting etf then? Even those numerous bitcoin forks? Where they would draw a line if to not pointless coins that aren't really innovations but variations of each other.
405  Economy / Economics / Re: China's economy is very sick. What to prepare for? on: January 29, 2024, 03:25:31 PM
It's no secret that after the Kovid pandemic, China's economy has been hit pretty hard. Further problems were a continuation of the economic confrontation with the U.S., which was not a smart move on China's part, as overestimating its strength is the biggest mistake.
Then there was (and now the problem continues) Evergrande and in general the real estate market and related sectors of the economy....

And the day before yesterday the news came out: China is considering the option of withdrawing 2 trillion yuan ($278 billion) from offshore accounts of state-owned companies to save the record falling stock market. Bloomberg writes about it.
According to people familiar with the matter, Chinese authorities are considering a package of measures to stabilize the falling stock market after previous attempts to restore investor confidence failed and prompted Prime Minister Li Keqiang to call for "forceful" steps.

On the one hand, it seems to be the world's second economy, "the world's factory", nominally "the second pole of the bipolar world", on the other hand, it is no longer possible to hide the problems and it is necessary to take such measures.  The question is: since the situation with the Chinese economy is no longer manageable, and we have to take tough and prompt actions to save the economy - how do you think this will affect the global economy, the crypto market, and what to prepare for?
Topic is quite miselading so let's take a step back here. Hitting hard is pretty subjective as they are close to ATH going for new ATH soon. Just becuase projection didn't met expecations because of corona, it isn't dying. Far from it. In fact their forecast for their gdp growth projection looks pretty damn good.


https://www.statista.com/statistics/263770/gross-domestic-product-gdp-of-china/

Personally i don't wish that china would do so well compared to rest of the world, as i don't approve their invasive surveillance tactics, and when they own parts of essential web infrastructure, it's just danger to future of freedom of speech.
406  Economy / Gambling / Re: MetaWin.com | The First WEB3 Casino on: January 29, 2024, 03:00:07 PM
Thank you everyone for the warm welcome. It means a lot to MetaWin Family.

We accept BTC, ETH, and SOL at the moment. But we have LTC and other major altcoins in mind and they are going to be implemented soon.

We are also working on an exclusive giveaway for the Bitcointalk Member.
I am newbie with sol and i have only used phantom browser addon for loggin into sol web3 sites. And maybe i don't just see it, but i can't see any way to connect with sol, so i am assuming that we are we supposed to use  sol that's wrapped to erc20? Or are there any plans to include arbitrum or polygon layers to reduce fees?

Also i am assuming that i can have multiple accounts in here? Because i just registered with wron email that i don't have access to even though i didn't get to click confirm email.
It just accepted it, and cannot update it, as it was "changed recently".
407  Economy / Gambling discussion / Re: Do you think women will make better gamblers by their nature? on: January 28, 2024, 11:57:00 PM
This whole thread starting from the op post is needlesly gendered and provocative. Why it would make any difference? There are gambling addicts in both genders. There are winners and losers in both genders. And if this would actually be issue worth looking into, there would already be countless studies about it. As various groups would definitely look into the question why women are cashing in more.

And more importantly. Don't you think women would just play way more if they had a clear edge because of their gender? And men would notice that women somehow dominated the gambling industry by winning? I can't make any sense why would this be some kind of debate as it's based on nothing but stereotypes that people want to keep up.
408  Economy / Trading Discussion / Re: No KYC Crypto Trading Platforms on: January 28, 2024, 11:36:30 PM
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Also could you explain how someone could be scammed on this website? While there's no minimum deposit and you can deposit 1$ even to try ?

Are you kidding us? It's not the one dollar people are worried about. It's the big exit scam happening later on. You do realize that we have seen numerous different scams while being in crypto. Even the newbies have probably seen several already.

You can let us believe by beginning with signature campaign on this forum. Advertise your service.
Since it’s a scam site won’t signature campaign give them more exposure?

Instead of a signature campaign they should run a review campaign – since the Op is trying to defend the site, they should go ahead and organize a review campaign so that forum members can prove to them just how shady the site really is.
And advertising that via signature campaign would not only be immoral, as it already looked suspicious, it would also cause partisipants to have red trust sooner or later. As eventually scam would be obvious and one could say they were advertising it knowingly it was a scam. Like with infamous 1xbit. This is if they have the capital for the campaign. Which i doubt.
409  Alternate cryptocurrencies / Altcoin Discussion / Re: Are memecoins really important for the crypto market? on: January 28, 2024, 09:42:30 PM
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But memecoins aren't merely vehicles for humor or lottery tickets. They also hold significant value in the broader crypto ecosystem:
    I want to hear your opinion about memecoin in the crypto market:
    • Do you support the existence of memecoin in the crypto market?
    • Have you ever invested in memecoin? Which memecoin is that?
    • Has your investment in memecoin brought you joy, profit or loss?


    1: I support the freedom, which crypto is all about. Just like internet, anyone can create stuff and leave it for others to use or not. It's up to people if they need it. I am not angry that there are something stupid in the internet that i am not using but everyone else is, just like i am not angry that people have freedom to create any kind of coin or token they wish.
    Now i don't need to understand why that appeals to people, because it's people who choose to use them or speculate with them.

    2: First coin that i mined was a dogecoin clone called Flappycoin in 2014. At the time that was exciting and trough it i got first touch to the whole crypto scene.

    3: FLAP gave me some profit. I traded it in cryptsy that used to be a big thing but is long gone scam now. It definitely brought me joy. I didn't understand the valuation or how valuable it could be. But i fellt like a millionaire for holding millions of coins. I was lucky that i didn't put too much money in anything at the start. Even though i might have been able to become a millionaire, there were also ton of scams. Different kind of scams then today, but i encountered few of them and didn't lose as much.[/list]
    410  Alternate cryptocurrencies / Altcoin Discussion / Re: Donald Trump sells $2.4 million worth of ETH on: January 28, 2024, 09:28:34 PM
    he benefitted from the crypto project i can't see why not. now that is has earned from crypto I think he will become a crypto-friendly president after all he also doesn't want CBDC.

    though he got those ETH for free through those NFT royalties, it's still a big mistake to sell it while the bull run hasn't come yet. he has tons of money so there is no reason for him to sell them. 
    His "hate" for CBDC is most likely something he thinks works his advantage with his fanbase. I doubt very much that trump would understand crypto or CBDC at all.

    Also 4 years ago he said that


    I have also hard time believing that he has in any way connected to creation of those nfts, but that someone has just told him that if they get him to sign off, they could make millions without any investment. So there's probably a deal where trump gets the money from cards and maker gets the % from the trading fees, or something like that. Also as there are ton of celebrities getting sued left and right for endorsing nfts, one can just speculate how this goes.
    411  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple looking for ETF, would it be the second one? on: January 27, 2024, 11:48:55 PM
    There have been news of Ripple looking for experts to go for XRP ETFs. Considering the centralized nature of Ripple ecosystem and organization, they can be more specific on meeting the demands for being listed as ETF. They also don't have the issues of POS or unlimited supply like Ethereum. They have in past been considered the 2nd most popular altcoin after Ethereum. Would they win over Ethereum this time to be the 2nd crypto based spot ETF available for trading in US market? Is it going to have a positive impact on the price of XRP? How likely are the chances, what do you think about it?

    https://finbold.com/ripple-hiring-etf-expert-whats-next-for-xrp/
    I am not sure why it would immediately have positive effect if bitcoin didn't have positive effect. Sure there are more money moving, but there will be more people shorting as well. Traditional markets tend to stabilize prices too.

    And while eth might have technically have unlimited supply, but inflation rate wasn't fast and burning rate slowed it significally. It might even go to negative at some point.
    But what comes to XRP ETF changes. Sure, it might have a change, but i don't think this is going to be a race with a significant price. If XRP is accepted, it's going to be a signal that many others will too. So it's not really XRP what people see. They see altcoins gettin passed.
    412  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Chances for approving a spot Ethereum ETF? on: January 27, 2024, 11:37:59 PM
    What are the odds for the SEC to approve a spot ETF for Ethereum by May? Gary Gensler used to say ETH is a security back then, but things could change now that Bitcoin spot ETFs were recently approved by the regulating entity. Market prices for ETH have been going down lately after BTC's downfall to $41k. So I'm wondering, is now the time to buy more ETH or should I wait for another dip?

    Your input would be greatly appreciated. Thank you. Smiley
    Imho it's always a good time to buy more, as timing the bottom is just going to be pure luck anyway. It might drop sure, but i might do anything as far as i know. But when it comes to ETH ETF, it totally see getting passed. In fact i see it would have better changes then bitcoin. As every time i talk to nocoiners, they seem to see eth as some sort of technological break trough, and i have heard them talking about it having more use cases then any other crypto, so it seem to have already won the public on it's side. Then there's the carbon emission PR. While bitcoiners need to justify power it uses, eth is politically admired on their stance or being energy efficient. That's just politically easy to market. And if XRP is not security, we can be pretty sure that eth won't be either.
    413  Economy / Gambling / Re: MetaWin.com | The First WEB3 Casino on: January 27, 2024, 11:00:15 PM
    Welcome to bitcointalk metawin!

    I noticed that you have free entries (only gas fees) to those raffles, small but real changes, which i guess is cool. At least from a point people who don't have money to enter raffles. But i was thinking that enough of them can diminish changes from people who bought tickets. So are there any data on how many times have free entries won the prizes? Or have they ever won? And what happens to the prize if there's something off with the KYC of the winner? Do you make a new raffle for same tickets?

    -cut-
    Quote
    1.3.0. Afghanistan, Algeria, Angola, Belarus, Burma, Central African Republic, Cuba, Democratic Republic of the Congo, Eritrea, Haiti, Holy See, Iran, Iraq, Kyrgystan, Lebanon, Libya, North Korea, Palestine State, Republic of Ireland, Rwanda, Sierra Leone, Somalia, South Sudan, Sudan, Syria, Venezuela, Yemen, Zimbabwe and the American states of Nevada (USA), Washington (USA), Georgia (USA), Minnesota (USA), Mississippi (USA), Montana (USA), South Dakota (USA) and any other countries, territories or jurisdictions in which it would be illegal to play Games or redeem Prizes.

    https://metawin.com/games/terms-and-conditions/

    What if the gambler is under those countries and then uses VPN? Will the gambler be automatically banned if found or you will allow them to play?
    You can use your your common sense on this one. These rules exist because they are complying with regulators, why would they allow citizens from banned countries to play? In theory, casinos can allow vpn, for reasons like if you are visiting in a restricted country buy not a citizen of it. But don't know how common reason that is.
    414  Economy / Gambling discussion / Re: gambling for fun vs gambling for the financial benefit. on: January 27, 2024, 08:02:24 PM
    I have read a lot of thread on this board talking about the need to gamble responsibly and suggesting that gambling is meant to be done for fun and not to be seen as a means of livelihood. While this is theoretically alright, in the reality so many persons actually gamble because they want to get some financial top up from the gamble.

    What is mostly common in my neighborhood and that I mostly do is soccer betting and if I am not exaggerating, 90% of the people that do soccer betting do do because they want to win money.

    They can watch the match for fun but as long as it involved them paying money before gambling, most persons don't normally see it as fun and this is the reason why after placing a particular bet, if the game isn't successful they continue betting hoping to get a win along the way thervy being seen as addict.

    Do you really see gambling as more of fun than a means to a financial end?

    how much can you put into gambling before it removes the fun aspect of gambling out of it?
    Saying it should be for fun doesn't mean it shouldn't have financial incentives. If gambling wouldn't have any decent financial incentives, it most likely would not be popular at all.

    People like me, who say it should be for fun, mean that when the fun is taken out of it, and gamblers do it merely for financial gains, similar to work. And because of that it's harder to accept losses. They see it as working for money and somehow reality owes them a salary for it at some point. If they don't get it, they star to blame casinos that they must be rigged. These people can be playing other people's money, or lending money for gambling. It's not fun anymore, but compulsive, and only way up.

    We should be able to be happy about winning big, as we should be ready to accept the loss. That can be only achieved if we keep gambling as fun past time, instead of work.
    415  Economy / Gambling discussion / Re: Hey Gamblers, Here's Some Questions for you. Would Love your Responses on them on: January 27, 2024, 07:49:34 PM
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    1: I find new casinos by browsing new announcements in bitcointalk gambling section, I have serious doubts about (crypto) casinos that don't have announcement in bitcointalk. Twitter ads, youtube ads or anything like that doesn't really work for me without unmoderated thread and trust system. It always makes me think that they are trying to hide something if they want to control the conversation. When it comes to listening my friends, they don't really don't know enough about crypto gambling. I am the one they come for advices for that kind of thing. And thing about influencers is that, i might listen to them, but i don't follow gambling influencers. It's not like they are giving me a lot of insight, and i don't think they are impartial enough.

    2: Either i didn't understand the question or i already answered it.

    3: Sure, but i would probably teach how to check that everything is legit by themselves as well.

    4: Well, casinos that do those gain pr for it. Maybe i am cynical but good pr is the result for doing that, and maybe their reason only real reason for doing such practices i really don't care their reasons behind it. It's good for the PR and raises the company value in my eyes.
    416  Alternate cryptocurrencies / Altcoin Discussion / Re: Which ICO in 2017-2018 left the strongest impression on you? on: January 26, 2024, 11:52:57 PM
    The ICO craze of 2017-2018 was a wild ride that left an indelible mark on the crypto landscape. While some projects like Cardano (ADA) emerged as giants, many others faded into obscurity, or worse[1], were exposed as scams[2].

    Unfortunately, I was among those who experienced the sting of losses, having invested in the Credits (CS) project. Despite its promising initial promise, the CS token price plummeted over the years, dropped 266 times from its ATH price (https://www.tradingview.com/x/NX6DxDb7/). The experience was disheartening, and I've largely tried to put it behind me, focusing on my current work in translation.

    I'm curious to hear your experiences during that era:
    • Did you participate in any ICOs during 2017-2018?
    • If participated, which one left the most lasting impression on you?
    • That ICO turned out to be a success or a failure?
    • That ICO brought you profit or loss?

    References:
    [1] Nearly Half of 2017’s Cryptocurrency 'ICO' Projects Have Already Died
    [2] Over 80% ICO projects in 2017 are ‘identified scams,’ Statis study finds

    I made money with several icos and their signature bounties, but i doubt any of them are alive anymore. Many of them pumped and every fiber in me told to sell, and i am so happy i did. Even though i sold eth too when it was $12. That was a mistake. That and not seeing what sol is going to be.

    I can remember few that i lose money with. Those were Infamous scam called Rise, then there were Decent and Deep Brain. To this day i am still not able to understand why i poured money into them, even though everything in my core told me they were a scam. At least with Rise i made money by trading the swings of the chart, but scam was just too obvious and i coun't kept quiet about it.

    With Decent it was most likely the fact that i didn't understand it deeply enough. So i couldn't tell if fundamentals were pointless or not. What ever was the reason, it slowly faded away and died. As for Deep Brain, it was china fomo. NEO happened and china was hot. No one seemed to question that you don't really need a blockchain AI of any kind.
    417  Economy / Gambling discussion / Re: What is the definition of a Gambler? Do you consider yourself as a Gambler? on: January 26, 2024, 11:05:51 PM
    Personally, I don't like the word Gambler tbh. And it feels more worse when someone calls someone a Gambler in the local language. I played some hands it's true and I tested many games for test purposes But I was never affected by the gamble. and I consider I am not a gambler myself. Somehow I do not feel good or something does not fit with me by this word.

    What do you think about yourself and how do you want to define the word Gambler?
    Even though i gamble: No, i don't define myself as one.

    Reason for that is that i have many interests, and gambling isn't the main one. I identify as a father, as a musician, and as an autist more than just a gambler. But that doesn't mean that others wouldn't define me as one. People who only see me when i gamble, would define me as a gambler, because that's how definitions work.

    Even if every day i do something that's important to me my whole life, and devote my life to it. Like being being a humanitarian, who is volunteering in charity work. Or a political activist, artist. That doesn't mean anything to other people, if they don't care about that. If i act in tv, i will be that guy who is acting in tv. If they see me playing in casino many times, they see me as a gambler. No matter what my other passions in life are.
    418  Economy / Gambling / Re: ✨ Shuffle.com | The next generation of crypto casinos | Sports, Casino + token on: January 26, 2024, 06:41:56 PM
    Is there any news from airdrop? Planning to play here after my current casino that I’m using encounter some problem on one of the forum member.

    I’m just curious if there’s more info about how the computation of airdrop token? Is it only based on the wagering amount or there’s something else that needs to comply to increase our token allocation. I’m optimistic that I will have a good time here.

    Not a poker player so I will skip the above promotion. Hope there’s something for slot and live game players next.
    Nope, i've tried to follow this closely, but i am pretty sure that they said it's the wagering amount at some point, so it's related to vip level most likely. I guess they annouce more in feb 1 as that's their assumed snapshot, or close after it. Noah made twitter post 2 days ago that $SHFL is nearly here, but that's about it and i guess we all knew that. I am frankly quite disappointed that they are so vague about the token mechanics at this point, but maybe they have their reasons.

    And i feel so shrimp when people are posting something like this under $shfl tag:



    Imagine these people deciding to dump their shfl. That would make some cheap shfl for people who didn't enter to airdrop.
    419  Economy / Gambling / Re: MetaMask Crypto Casinos on: January 26, 2024, 06:26:05 PM
    Hi,

    Do you prefer casinos where you can connect your MetaMask wallet for quick sign-in and deposit/withdrawal, or is that not very important to you?

    I've created a section listing crypto casinos that offer this feature, but it hasn't attracted much interest, so I'm curious to know what you think about this feature.
    You can find the list here -> MetaMask Casinos
    I have way more trust trust issues connecting to web3 casinos with my metamask to various sites then sending small amounts to web2 casinos i don't yet trust.
    Also i see issues like typosquatting if people aren't careful where they connect to. For example finding the site via fake google ads or something like that, leading to duplicate fake site. This wouldn't even be that bad with centralized casinos as they might notice new ips trying to use your passwords and fagging them. With web3 hacking they would immediately get full access to your personal wallet.
    420  Economy / Gambling / Re: What do you want to see in casino reviews? on: January 25, 2024, 11:59:08 PM
    First thing I see is "CAN I WITHDRAW MY WINNINGS WITHOUT ANY HASSEL?" and then check KYC rules and lastly this might be a vey unpopular opinion but I like to see the UI of website because if i am willing to loss my money in there atleast make it visually appealing so it doesn't look so bad after all.
    About the first thing, wouldn't in most cases withdrawing money happen without any hassle? And changes that review site would immediately came across that problem would be either because of very bad luck or pure scam. Usually  problems arise when there's a technical issue and helpdesk can't solve it, and they need to wait for right people to work with your case. In worst case i have came across is that tech didn't even don't work in weekends in one smaller casino.

    What comes to KYC, you are better of assuming there is going to be some level of KYC at some point, even if review would claim otherwise. You might not need kyc if your account isn't raising any flags, but technically you should be prepared, as if there's no kyc what so ever, there's no regulatory compliance and that's a red flag on it's own.

    And wanting UI that's working in multiple devices isn't unpopular opinion. It's pretty much the starting point of user experience.
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