Why not create a Gambling platform on Market narrative?

[pakhitheboss]

A few years ago, NFT was launched and it set the market ablaze. Many NFT projects emerged at that time, which left investors confused. They began investing in new NFT projects without understanding them, resulting in significant losses. To this day, these investors have not been able to recover from their losses unless they sold their NFT.

Currently, meme coins are gaining popularity, with a new coin appearing in the market almost daily or weekly. The prevailing belief is that meme coins offer the highest ROI, which they are delivering.

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

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[yahoo62278]

You would be spending lots of money to create a website for something that may only be popular for a few months. Not sure anyone would risk it.

[Oshosondy]

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

There are prediction sites for cryptocurrencies but do not believe in all what you see and know that nobody knows the future. In prediction, there are inaccuracies. When Luna for example was launched, many of the sites predicted good future for the coins, but you can see how Luna and UST users lost money. You will see many of the coin developers paying to promote their coins and they will not mind if investors later lose.

[Apocollapse]

There is, 🔮 Futuur - Predict the Future! 🔮, although there's no prediction about upcoming cryptocurrency hype.

To be frank, it's not easy for the casino to create such predictions because the upcoming hype might use new names that no one know e.g. NFT, BRC-20 token. AFAIK those are new, not like meme coins that we already know it, but this year the hype coming back.

[Beparanf]

Futuur and Fairlay offer a unique betting option which your suggestion might be considered. They usually offer almost out of this world betting option especially in politics, showbiz and discovery.

The only problem with this idea if someone will create a market specifically for this is how do you determine the choices and the correct answers if everything is pumping hard. Meme coin is just trending due to social media buzz but Bitcoin is still at top trends if we consider the trading volume which is the most accurate basis for what is the top trend on crypto.

[aioc]

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

Developers want a long-term platform, not a platform because of the hype it takes a lot of money and effort to launch a platform and market the platform then after a few months the platform becomes obsolete, developers want to play it safe with their investment, its a big gamble on their part if they will come out with a concept that there's no guarantee to last for years.

[mindrust]

A few years ago, NFT was launched and it set the market ablaze. Many NFT projects emerged at that time, which left investors confused. They began investing in new NFT projects without understanding them, resulting in significant losses. To this day, these investors have not been able to recover from their losses unless they sold their NFT.

Currently, meme coins are gaining popularity, with a new coin appearing in the market almost daily or weekly. The prevailing belief is that meme coins offer the highest ROI, which they are delivering.

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

Predicting the trends of a coin?

Why would anyone even need this? If you think a coin will rise any time soon, why don't you just buy it? If you think otherwise binance has many tools you can use to short that asset too. What you basically want is an exchange where you can go long&short, do you realize that?

I think bitmex or binance is the casino you are looking for.  

[coin-investor]

Currently, meme coins are gaining popularity, with a new coin appearing in the market almost daily or weekly. The prevailing belief is that meme coins offer the highest ROI, which they are delivering.

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

Why not but will it gain support from players who are accustomed to playing games that they played for many years, the platform that you are suggesting is for traders and altcoins investors which many of the gamblers are not.
The market trend is constantly changing what's trending now may not be trending the next day and a new one will come up and the developers' money and effort will be wasted, but who knows a developer will catch this idea and come out with one
But for now, it's the traditional online casinos that are getting the support of the gambling community.

[Hispo]

A few years ago, NFT was launched and it set the market ablaze. Many NFT projects emerged at that time, which left investors confused. They began investing in new NFT projects without understanding them, resulting in significant losses. To this day, these investors have not been able to recover from their losses unless they sold their NFT.

Currently, meme coins are gaining popularity, with a new coin appearing in the market almost daily or weekly. The prevailing belief is that meme coins offer the highest ROI, which they are delivering.

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

My thoughts on it is that the market already has several platforms which are there to provide liquidity to anyone who wishes to try to guess on the trends on the price of cryptocurrencies: exchanges.
If anyone launched a casino based on that premise, then it would be competing directly not only with casinos but also to exchanges as big as Binance and Coinbase.
If anyone feels like trying to profit of the market of shitcoins and memecoins, then there is no need for them to go to a casino, they can try to profit by simple speculation on an exchange (in the case their shitcoin is listed) otherwise, they still can buy/sell in decentralized exchanges (built on-chain).

In short, it would be a solution in search for a problem, and it would probably not be profitable for whoever opens the website/casino.  
Just my opinion, of course, I could be wrong on this one.

[robelneo]

It can only be made possible if there's a market for it is not easy to customize a script or platform for a new concept there should be a demand for it and the market narrative is changing, the shift is too fast, 3 years ago we have the P2E trend, then NFT meme coins the market is ever-changing that the platform, if there's one created, it cannot keep up with the trend.

But its an idea worth exploring, but it needs a feasibility study to know if it's profitable and if it's something that players and investors will support.

[CryptSafe]

I do not think this is feasible because there are no demands for it, and if there is, what is the possibility that such predictions are correct? What is the probability of the predictions being accurate to have a good win to those who subscribed to the website.

However, if it is worth investing, I believe it would be attractive to investors because they would make more money from such investment as they already know that the predictions most times are not correct and if it happens that they bet on that platform, it would be a good one for them to make good buck everyday from their investment.

[cabron]

This is like predicting the future though while the rest of us have the edge since they know where the developments are going. No one sees it coming but it's always new every bull run. This time if I have to bet it may just be the real-world assets for its the tradfi institutions that are initiating this narrative.

This market narrative bet can be listed in Stake and classified as an event but it's not a popular topic, unlike POTUS where everyone has a dog.

[paxmao]

A few years ago, NFT was launched and it set the market ablaze. Many NFT projects emerged at that time, which left investors confused. They began investing in new NFT projects without understanding them, resulting in significant losses. To this day, these investors have not been able to recover from their losses unless they sold their NFT.

Currently, meme coins are gaining popularity, with a new coin appearing in the market almost daily or weekly. The prevailing belief is that meme coins offer the highest ROI, which they are delivering.

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

Sound too much as some of the token experiments that were actually deployed during 2017 / 2018. These created tokens for "prediction markets", precisely one called Augur. The fact that most of you have not heard about it is possible the best proof that it did not work too well that time. Perhaps it is time to revive it, but it is in itself a bet for something that did not work the first time.

[Kemarit]

A few years ago, NFT was launched and it set the market ablaze. Many NFT projects emerged at that time, which left investors confused. They began investing in new NFT projects without understanding them, resulting in significant losses. To this day, these investors have not been able to recover from their losses unless they sold their NFT.

Currently, meme coins are gaining popularity, with a new coin appearing in the market almost daily or weekly. The prevailing belief is that meme coins offer the highest ROI, which they are delivering.

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

Yes, as others have said, there is Futuur.

But I think the closest that we might get into this kind of prediction is Binary Options? Remember that time around 2014-2017 there was a signature campaign about this kind of platform? Secondstrade.com, but then again, it could be different from what the is trying to come up with.

[Slow death]

In my opinion, this would be an impossible mission because the casino owner would spend a lot of money creating the casino without knowing how many new projects would emerge and what the purpose of those projects would be and another big problem would be how to prevent the owners of such projects from not agree with some whales and news sites and reviews of cryptocurrency projects so that they do not manipulate the price of a new cryptocurrency to attract many people and give the impression that the project is being a success. this would be similar to fixed games and casino owners would have no way to prevent these types of things from happening

and lastly how would casinos place odds on projects when they appear? it would be very difficult, they could even put odds of 100x on a certain project z that was worth nothing, but days later the owner of the project z forms a partnership with a billionaire and the currency z rises in price a lot and becomes a success and the owner of the project and the billionaire who bought the currency early and bet that the project would be a success would profit twice, first they would profit from the low price they bought and second they would profit from the money they bet in the casino, as the project would have odds of 100x it would be enough for them bet 1 million dollars for them to win 100 million dollars. In other words, it would be easy for the rich to manipulate everything and become richer and the casinos would go bankrupt

[Alone055]

why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

How would the payout be determined anyway? If I'm to make a bet that the newly launched meme coin, XYZ, is going to hit a certain price in the future, what would be the odds for my bet and how would that be determined? Will it be based on how close my prediction goes or some other way?

Nothing is undoable in the world, but it will take a lot of brainstorming and a lot of work to get something like that done. Besides, as @mindrust said it already, we have futures and options trading platforms where one can almost do the same thing just for a shorter timeframe, and wouldn't one be able to get more profit if they buy the coins or invest in projects that they think will perform very well in the future? Even the same amount being used as the bet could be used to make the purchase.

[BitcoinGirl.Club]

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

Meme girl market trend in 2030: high / low / disappear

High odd: 100
Low odd: Suspended
Disappear odd: Suspended.

How does it look 😂?

[Text]

If it's just a platform that predicts cryptocurrency performance, Freebitco.in already has that for Bitcoin, Ethereum, and Fun Token. You can guess the prices of these coins on the last day of the month. But when it comes to NFTs and meme coins, I haven't seen such markets yet, maybe because of misinformation and scams. There's a risk of bad actors using such a platform to spread misinformation or engage in pump-and-dump schemes, which I also don't want to support.

[AmoreJaz]

why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

How would the payout be determined anyway? If I'm to make a bet that the newly launched meme coin, XYZ, is going to hit a certain price in the future, what would be the odds for my bet and how would that be determined? Will it be based on how close my prediction goes or some other way?

Nothing is undoable in the world, but it will take a lot of brainstorming and a lot of work to get something like that done. Besides, as @mindrust said it already, we have futures and options trading platforms where one can almost do the same thing just for a shorter timeframe, and wouldn't one be able to get more profit if they buy the coins or invest in projects that they think will perform very well in the future? Even the same amount being used as the bet could be used to make the purchase.

One gambling platform that I think can do this is futuur.com as they can offer betting lines from any market - ranging from business & finance, politics to entertainment. You can even suggest them what you wanted to include in their betting lines. And maybe, if they see the demand, they can add it.

For now, you can already look at the betting lines dedicated to crypto on their site -

https://futuur.com/q/category/2669/crypto

[wxa7115]

A few years ago, NFT was launched and it set the market ablaze. Many NFT projects emerged at that time, which left investors confused. They began investing in new NFT projects without understanding them, resulting in significant losses. To this day, these investors have not been able to recover from their losses unless they sold their NFT.

Currently, meme coins are gaining popularity, with a new coin appearing in the market almost daily or weekly. The prevailing belief is that meme coins offer the highest ROI, which they are delivering.

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

Is it not that the reason for exchanges to exist already? At exchanges you are already trying to outsmart other traders when determining which coin in specific or which type of coin will perform great during a period of time and try to earn money that way.

Another problem is that even if you tried to sell this as something different than an exchange, you can be sure regulators will not agree and eventually you will have to face them.

[FinneysTrueVision]

You are describing something that is very similar to futures trading or prediction markets. These things already exist. Memecoins aren't always listed on them, I imagine it might be due to the high probability of getting badly rekt. You can also just buy these tokens outright if you think their price will go up. The interest in these coins will fizzle out rapidly, so it is not worth building a new platform specifically for memecoins.

[virasog]

A few years ago, NFT was launched and it set the market ablaze. Many NFT projects emerged at that time, which left investors confused. They began investing in new NFT projects without understanding them, resulting in significant losses. To this day, these investors have not been able to recover from their losses unless they sold their NFT.

Currently, meme coins are gaining popularity, with a new coin appearing in the market almost daily or weekly. The prevailing belief is that meme coins offer the highest ROI, which they are delivering.

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

How long does the meme coins season last? Most probably for a few weeks to months and then they are all dead for many many months. So I do not think any gambling site will build on the meme narrative and think to have a business around the year.

Yes, if anyone thinking of launching a Meme token or an NFT, they can launch and integrate it with a gambling site but that will put a lot of effort and cost and the meme token creators only build the coins on the narrative of hype and move on once they gain money. I do not think that both the gambling and meme narrative can work side by side.

[Gozie51]

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

Well it is going to be a new innovation to add to existing predicting sites but I think it will create hype only at the bull season and after that during the bear the hype will die down then it will not generate money for the site. Most of the coins that creates spontaneous hype are meme coins and they are usually at their moment during the bull season, so after that gamblers may not find it interesting to predict on them.

[FortuneFollower]

A few years ago, NFT was launched and it set the market ablaze. Many NFT projects emerged at that time, which left investors confused. They began investing in new NFT projects without understanding them, resulting in significant losses. To this day, these investors have not been able to recover from their losses unless they sold their NFT.

Currently, meme coins are gaining popularity, with a new coin appearing in the market almost daily or weekly. The prevailing belief is that meme coins offer the highest ROI, which they are delivering.

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

Interesting concept. The NFT boom definitely showed us how eager people are to jump into new market trends, even without fully grasping them, and the rise of meme coins continues to highlight the unpredictable nature and potential of the crypto market.

However, the key would be to ensure that such a platform emphasizes responsible participation and provides users with as much information and insight as possible to make informed predictions. Given the volatile nature of cryptocurrencies, its crucial to balance the excitement with awareness of the risks involved.

Your idea could be a novel way to engage with the market, offering a mix of entertainment, learning, and the chance to speculate on future trends.
But executed shoud be thoughtfully.

[TheUltraElite]

There is a website called BetMoose and it is based on such topics like presidential election result, Oscar results, who will win some war (God Forbid). It is filled with Canadian locals from what I have understood and is not much famous in this forum.

However they have a ANN thread here - https://bitcointalk.org/index.php?topic=645747

Check them out - https://www.betmoose.com/

I guess they never got into promotional campaigns ever on this forum and hence they are not that popular. You never know they can start talking about Narratives there too.

[pakhitheboss]

After going through the replies I felt I needed first to do my research as there are a few betting platforms that are already active in this domain. I think I need to explore these platforms once and see if I can get lucky. So my question to all of you who knew about those platforms is, what are the volumes and why are these guys not seen in the market? I mean why they are not here in the forum and active like other casinos? I would not have created this topic if I knew that they existed, by the way are they focusing on the narrative or only on a particular cryptocurrency performance in the market.

[coin-investor]

After going through the replies I felt I needed first to do my research as there are a few betting platforms that are already active in this domain. I think I need to explore these platforms once and see if I can get lucky.

Since you're the one who created this topic post an example here if you found one, this market narrative is a new concept and worth a discussion, we already have two Futuur and Betmoose posted by our co members but they are not altcoin or market prediction platform

So my question to all of you who knew about those platforms is, what are the volumes and why are these guys not seen in the market? I mean why they are not here in the forum and active like other casinos? I would not have created this topic if I knew that they existed, by the way are they focusing on the narrative or only on a particular cryptocurrency performance in the market.

I'm checking casino reviews sites and casino directories but I have not stumble a concept that we are discussing here there are developers and investors who want to bring new and fresh concepts to the betting industry and what's on your topic may come soon we never know, all I know there will be new casinos coming because the online gambling industry is a multi-billion dollar industry and it an industry worth venturing for adventurous entrepreneurs.

[EarnOnVictor]

-snip-
Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

Good suggestion, but I believe will be so risky for the house. What you suggested is similar to options trading which is getting less popular daily. No one will want to be running their business at a loss. The reason is that the house is not really making money through it, and for them to be fair and run the business with sincerity, they will rather abandon it and focus on the core casinos and sports betting instead of cheating people.

This kind of betting style did not just start and I have seen enough of them either pending it or removing it from their platform completely. Now, if the number of the right predictions is too high for some assets (which will happen most time), it would cost the house a huge fortune, which is why I think they do not have so much interest in a thing like this.

Future trend? This is the bias of traders, many will align with the same bias based on popularity and communities, and this prediction alone will make the crypto asset gain undue influence which could make it dance to the side of the bias winning the popular vote because the internet will not be silent about it and it will be easy to know the winning side due to that. Because of this, the house will lose a lot even as people continue to study the situation to bet on the best side.

[famososMuertos]

Man, maybe you are not explaining yourself well but those things exist, the fact of investing in any meme already makes it a bet, right?.

In fact, that "Future" betting casino for anything, hey, Furute (I think, my apologies if it's not correct), has similar things.
In other cases bc.game has this:


source:https://bc.game/trading

It's not in a certain way what you say, because your thing is to bet on a project, but you don't think there are better things to put your money into at risk.

In any case, if I want to bet on a project in its favor, I buy that Token (NFT), if I don't want to, I don't.

[Lida93]

Feels like have seen a gambling platform here that offers cryptocurrency price prediction as a part of their many gambling features, only that since then I haven't been up-to-date on that about how that part of the project in their platform is thriving on with them.

My thoughts about this market narrative is that, going by the exploding invasion of new coins into the market on a daily basis, this explosion could also manifest in manipulations through paid predictions by developers of a project  which could deceive investors on the right projects to invest on if they should rely on the number of predictions that point positive towards a certain project before going in.

Rug pull and exit scam projects will benefit profitably on this than investors will ever do.

[Yogee]

[...]So my question to all of you who knew about those platforms is, what are the volumes and why are these guys not seen in the market? I mean why they are not here in the forum and active like other casinos? I would not have created this topic if I knew that they existed, by the way are they focusing on the narrative or only on a particular cryptocurrency performance in the market.

Other casinos offering Crypto Futures were already mentioned and I would like to add that Rollbit also has this feature. They even have a separate signature campaign running for months now to promote this. I don't know the volume but you can see plenty of cryptos available there including some meme tokens and NFTs.

[Wiwo]

You would be spending lots of money to create a website for something that may only be popular for a few months. Not sure anyone would risk it.

Lack of long term perspective will always set a limitations for such services,  and considering how useless the service will be also since its almost impossible to predict the future of any hype projects or developments.

So who want to spend so much in developing a site that may not be use,  since the primary element which are the meme shitcoin have short lifespan.

[Dunamisx]

A few years ago, NFT was launched and it set the market ablaze. Many NFT projects emerged at that time, which left investors confused. They began investing in new NFT projects without understanding them, resulting in significant losses. To this day, these investors have not been able to recover from their losses unless they sold their NFT.

Currently, meme coins are gaining popularity, with a new coin appearing in the market almost daily or weekly. The prevailing belief is that meme coins offer the highest ROI, which they are delivering.

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

Its not a bad idea if we can have a platform to be passing across information's to to people interested, but that alone does not solve the problem neither does it eradicate the ways some of these people jump into doing something without seeking other peoples consent or experience from it, i believe the platform you're aiming a creating will be of help to many, but you can as well considers the numbers of those that will be informed to joined, and those that joined and will yield to every advise given from there, we have many people out there with the wrong mentality of doing things, how do we fix them all.

[o48o]

A few years ago, NFT was launched and it set the market ablaze. Many NFT projects emerged at that time, which left investors confused. They began investing in new NFT projects without understanding them, resulting in significant losses. To this day, these investors have not been able to recover from their losses unless they sold their NFT.

Currently, meme coins are gaining popularity, with a new coin appearing in the market almost daily or weekly. The prevailing belief is that meme coins offer the highest ROI, which they are delivering.

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

If i recall correctly at least shuffle offered a novelty sport bet on which nft project would lead at the certain time. Many of these casinos offer raffles for nfts.

And what comes to predicting performance of meme tokens, you can already do that for just shorting or longing the token in exchanges. Or better yet buying the token for yourself if you think it's going up. So i am not sure gamified version for such tokens would be in any way better. It would be just another middle man mimicking actual exchanges we already have. Not to mention in exchanges we see all sort of data like buy and sell walls, which we won't see in casino. Actually we can't be sure where the buy and sell data is even coming from or how accurate it is or if it's mean price of all the market pairs in all the exchanges.

[bitbollo]

its a funny idea but all meme coins/probably 99% of NFT and many other stuffs we have seen during these years in the long term will have all the same value:
0 or maybe 99% less of actual value.
Any gambler will gamble against these it's pretty easy ... who can trust a different ending?

[darkangel11]

I once read about guys who invented a machine in the form of an ATM that would allow you to make a fast bet on the stock market.
The way it worked the machine would track an index, like S&p500 and give you updates every x minutes like 5 min and you'd put cash inside like you would feed an ATM and press a button with up or down predicting where the market would go in the next update. If you chose up and it went up, you'd win 2x, but if it went down you'd lose. The problem is they did not want to put it in casinos but in normal places like an arcade game and the government banned it. You weren't the first one to think of this, OP.

[Fortify]

A few years ago, NFT was launched and it set the market ablaze. Many NFT projects emerged at that time, which left investors confused. They began investing in new NFT projects without understanding them, resulting in significant losses. To this day, these investors have not been able to recover from their losses unless they sold their NFT.

Currently, meme coins are gaining popularity, with a new coin appearing in the market almost daily or weekly. The prevailing belief is that meme coins offer the highest ROI, which they are delivering.

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

You might get sucked in and end up the primary target of market manipulators who were looking to pump up new stocks. That would make your site a very juicy target for regulators who might prosecute you for being in cahoots with these effective currency manipulations, as that aspect would always be available for you to advantage certain coins in the rankings for your own profit motives. I'd say your first introduction about NFT's is missing a crucial element - no they could not recover their losses, because it would involve someone else paying a higher amount than some of the obscene prices previously paid and that bubble has already burst. Nobody is coming along to pick up these busted pieces.

[davis196]

A few years ago, NFT was launched and it set the market ablaze. Many NFT projects emerged at that time, which left investors confused. They began investing in new NFT projects without understanding them, resulting in significant losses. To this day, these investors have not been able to recover from their losses unless they sold their NFT.

Currently, meme coins are gaining popularity, with a new coin appearing in the market almost daily or weekly. The prevailing belief is that meme coins offer the highest ROI, which they are delivering.

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

1.NFTs were mostly pump-and-dump scams. Check all the Logan Paul NFT projects. Total pump-and-dump scams
2.Meme coins are mostly pump-and-dump scams. Why would anyone with a brain invest money in a memecoin?
So you want to create a gambling platform, where the gamblers will bet money on the performance of various pump-and-dump scams?
Good luck with this. Maybe you could create a crash game, where the gamblers will have to predict when the price of a certain NFT/memecoin scam will crash and the creators of the scam will run away with the money

[fikrett]

A few years ago, NFT was launched and it set the market ablaze. Many NFT projects emerged at that time, which left investors confused. They began investing in new NFT projects without understanding them, resulting in significant losses. To this day, these investors have not been able to recover from their losses unless they sold their NFT.

Currently, meme coins are gaining popularity, with a new coin appearing in the market almost daily or weekly. The prevailing belief is that meme coins offer the highest ROI, which they are delivering.

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

Thinking about a platform that can guess how cryptocurrencies will do sounds cool, especially with all the ups and downs in the crypto world. It could really help people decide where to put their money, especially with tricky investments like NFTs and meme coins.

But, it’s tough to make predictions because crypto prices can change for so many reasons, like news or what people say online. Even though it’s hard, if someone made a good prediction tool, it could be super useful for both new and experienced investors, helping them make smarter choices.

[iv4n]

...
Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

Signal group? Or some pump & dump group? We all know here how those groups work, their lifespan is very short, and mostly the owners make some money, everyone else is at a loss. In a way, this is worse than gambling, in gambling at least we know what our chances are, while NFTs and meme coins are mostly scams. So I doubt that anyone sane will join and follow this kind of platform and signals from there, at least I am keeping myself away from them.
 
I think you need a better idea, this one is useless.

[Dunamisx]

You are describing something that is very similar to futures trading or prediction markets. These things already exist. Memecoins aren't always listed on them, I imagine it might be due to the high probability of getting badly rekt. You can also just buy these tokens outright if you think their price will go up. The interest in these coins will fizzle out rapidly, so it is not worth building a new platform specifically for memecoins.

Upon all the market narratives and predictions received from many of these platforms, how many of them are that reliable and with the accurate results, we are just trying on our best on so many of these platforms to see if they have something different to offer us and make us retain in using them, but are they actually consistent or reliable in what they give on us, talking about these prediction sites, there are many of them, but we also need to have bearing to h=what we want.

[livingfree]

If there's a demand on it then sure that the providers will make one for it. But despite the trend and hype that with all of the mentioned narratives, it just can't be made too easy.

I guess the closest one is just with the market of Bitcoin predicting its price through options. The idea is there but are the developers willing to invest in its development as it will cost them money and resources?

While it sounds good and workable but whenever these trends and narratives goes down, I guess betting on it will also decrease so as the demand. If some devs will make one, they should make a market study before proceeding to this kind of betting.

[Saisher]

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

This is not a popular concept in the gambling industry, because it is not every market experiences a lot of movement of this kind of concept the developers should know about trading and gambling platforms because it's a combination of both.

If ever something like this comes out it should be properly promoted to the right users, so far the closest we have is Bitwinup

[dezoel]

Futuur and Fairlay offer a unique betting option which your suggestion might be considered. They usually offer almost out of this world betting option especially in politics, showbiz and discovery.

The only problem with this idea if someone will create a market specifically for this is how do you determine the choices and the correct answers if everything is pumping hard. Meme coin is just trending due to social media buzz but Bitcoin is still at top trends if we consider the trading volume which is the most accurate basis for what is the top trend on crypto.

What do you mean by determining the choice and the correct answers? But, you should not worry about that because I'm very sure that both sites above will find a way to fixed that problem, especially Futuur because they are not new anymore on this kind of betting. Meme coin is not new and they will always be there because memes and trends doesn't stop.

BTC on the other hand is the king of crypto, so yeah it will always stay relevant as well. Isn't it better that we can see or hear a new thing? That removes the boredom of the crypto users. This is why there are trends that are being introduced here at some point of time. It makes crypto more interesting.

[crwth]

Predicting trends is a hard challenge that wouldn't be that easy to do and will always be. Seeing the past cycle, it's very different from what's happening right now. Memes are getting ahead and even the halving and ATH has increased. I do hope that there will bee an increase in market cap in the whole cryptocurrency universe as well so there would be an increase in narratives. It's just hard to predict you know?

[Kakmakr]

The one thing people do not want, is for someone to create a new concept or technology for scammers to thrive. We saw this happening with ICOs and NFTs and several Shitcoins being launched and greedy people are attracted to these scams, like a moth is drawn to a flame.

Developers should focus on developing something that has a actual use case and also something that will last for years to come. Build something better than Bitcoin and something that will add value to the world.

[Fivestar4everMVP]

A few years ago, NFT was launched and it set the market ablaze. Many NFT projects emerged at that time, which left investors confused. They began investing in new NFT projects without understanding them, resulting in significant losses. To this day, these investors have not been able to recover from their losses unless they sold their NFT.

Currently, meme coins are gaining popularity, with a new coin appearing in the market almost daily or weekly. The prevailing belief is that meme coins offer the highest ROI, which they are delivering.

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

Good idea but how is this even possible? I mean, how gamblers of today seems to be the type of gamblers that want really quick actions, they like to see results (at max) a few minutes to one or two hours after placing their bets, so is possibly why, or one of the reasons why live bets on sporting events have become really popular amongst gamblers, rather than betting on a sports game days before the game is to be played..

Now coming back to creating a casino or platform where gamblers can bet on next market narrative that will possibly become popular, we all know that from past experiences, it takes years, and at a minimum, several months before a new market narrative comes into play and gains the spotlight, which gambler will be willing to tie their money down for that long before he or she gets to find out whether he or she had won or not?

Even though I find this idea good and highly feasible, I do not think its a project that will succeed due to, or based on the type of gamblers we have today.

[Haunebu]

Creating gambling sites based on the market narrative is a recipe for disaster if you ask me. It's a high risk, high reward strategy which can only be sustained in the short-term and cannot be sustained in the long-term.

This is why crypto gambling sites generally tend to focus on less riskier options for more stability and peace of mind which makes perfect sense.

[betswift]

A few years ago, NFT was launched and it set the market ablaze. Many NFT projects emerged at that time, which left investors confused. They began investing in new NFT projects without understanding them, resulting in significant losses. To this day, these investors have not been able to recover from their losses unless they sold their NFT.

Currently, meme coins are gaining popularity, with a new coin appearing in the market almost daily or weekly. The prevailing belief is that meme coins offer the highest ROI, which they are delivering.

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

Such a platform could potentially offer valuable insights and data analytics to investors, helping them make more informed decisions and possibly avoid the pitfalls that occurred with the initial NFT craze.

The success of such a platform would heavily depend on the quality of the data, the robustness of the predictive models used, and the ability to adapt to the market’s fast-paced changes.

If you can develop a tool that provides reliable insights and adapts quickly to new trends, it could certainly be beneficial and might find a receptive audience among both novice and experienced cryptocurrency investors.

[pakhitheboss]

How negative the community has been is outrageous for anyone. The way you guys proceeded with my question was not admirable. Only a few were okay with my suggestion, a few would suggest me the existing platforms. But, none of you could come up with a positive answer. I can create such a platform with my expertise. O need some one who can finance it and who can keep calm for a year.

If you are some one who thinks a one of investment can not.make a difference then do contact me.
 

[paxmao]

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

This is not a popular concept in the gambling industry, because it is not every market experiences a lot of movement of this kind of concept the developers should know about trading and gambling platforms because it's a combination of both.

If ever something like this comes out it should be properly promoted to the right users, so far the closest we have is Bitwinup

Now that I think of it, any investment platform can be used as a proxy for most predictions that you'd like to make. For example, if you bet on the weather in whatever region, you can use the commodities that depend on such weather. If you want to be iphone 13 will be a bluff, you can short Apple, ... I think that the possibilities are endless if you want to use the markets as your personal playground.

[Uhwuchukwu53]

You would be spending lots of money to create a website for something that may only be popular for a few months. Not sure anyone would risk it.

Lack of long term perspective will always set a limitations for such services,  and considering how useless the service will be also since its almost impossible to predict the future of any hype projects or developments.

So who want to spend so much in developing a site that may not be use,  since the primary element which are the meme shitcoin have short lifespan.

That is correct because this has been one major reason many has sealed their interest never to go into the development, because everyone is looking for investment that can offer a long time profit, even if the profit is short time it should matched the effort and time spent, meme coin and even some shiltcoin many doubt if they  worth investing as there risk is more their good outcome possibility.

It no longer News or to say that one is capitalizing on what the past investors entered in the NFT but looking at many shiltcoin altcoin currently as being shifted to market allot have not withstand the market force and they keep falling, it's an evidence that even the meme mat not be of something different.

It's better to centered one focus on BTC rather any coin that will render someone failure and inability to recover it's investment.

[EarnOnVictor]

You are describing something that is very similar to futures trading or prediction markets. These things already exist. Memecoins aren't always listed on them, I imagine it might be due to the high probability of getting badly rekt. You can also just buy these tokens outright if you think their price will go up. The interest in these coins will fizzle out rapidly, so it is not worth building a new platform specifically for memecoins.

Upon all the market narratives and predictions received from many of these platforms, how many of them are that reliable and with the accurate results, we are just trying on our best on so many of these platforms to see if they have something different to offer us and make us retain in using them, but are they actually consistent or reliable in what they give on us, talking about these prediction sites, there are many of them, but we also need to have bearing to h=what we want.

This is still gambling but within the market scope, and I must say it already exists, only that more casinos are not looking towards it for the reason best known to them. And you are right about the winning possibility, it cannot be helping us to win more than the existing casino games with the way casino betting is offering it now. With the way the few casinos offering the market-linked prediction taking it in my experience, it is not just so palatable.

This is obviously an option trading, but they've modified it in such a way that will increase the risk and will make it difficult for the gambler to win. The one I visited recently was just annoying, it is better to resort to good online broker that are offering the traditional option trading than to go for the casinos-kind of options trading because they've already modified it. Those who are new to this kind of betting way would naturally think it is the way it is, but practically, it is not, they only cause it to be more difficult.

So, if all casinos are following this style of betting that is linked to the market with higher difficulty, what is the good point about it to their customers?

[mak013]

As for me it is silly enough. If you can predict new NFT, it would be more profitable to research it and buy the most interesting without sharing information. If you want just to test luck - just play in common casino, the result will be the same. You don`t need spend resources to create casino with unknown bets - if you don`t know what is NFT, you can`t predict it development.

[pakhitheboss]

As for me it is silly enough. If you can predict new NFT, it would be more profitable to research it and buy the most interesting without sharing information. If you want just to test luck - just play in common casino, the result will be the same. You don`t need spend resources to create casino with unknown bets - if you don`t know what is NFT, you can`t predict it development.

It will be a luck game and it will be unpredictable as the narrative changes every time before a bull runs. What makes it unique is the probability of guessing that narrative. It is not that the narrative changes every day, still the products using the narrative can be questioned as to whether they will succeed or not. This will only help the platform gain more income through advertisements from new projects while they make money through gambling.

[freedomgo]

I'm just curious though, how is it related to gambling?

About your suggestion, that could be possible but there should be a careful analysis that it could go for long term.

I mean the platform is just to predict the market trends, but in reality, we only notice the trends during the bull run. So how about the during the regular season? How can this platform still stay in the business?

[mak013]

As for me it is silly enough. If you can predict new NFT, it would be more profitable to research it and buy the most interesting without sharing information. If you want just to test luck - just play in common casino, the result will be the same. You don`t need spend resources to create casino with unknown bets - if you don`t know what is NFT, you can`t predict it development.

It will be a luck game and it will be unpredictable as the narrative changes every time before a bull runs. What makes it unique is the probability of guessing that narrative. It is not that the narrative changes every day, still the products using the narrative can be questioned as to whether they will succeed or not. This will only help the platform gain more income through advertisements from new projects while they make money through gambling.

May be if it will be used to predict the success of the existing(new, just created) projects it can be interesting. But in this way they have to be fast, adding new projects and different kinds of predictions with different odds.
May be some authors of new project can ask to add them or pay for adding and that sum will become an additional prize for gamblers.
In such way it can be interesting, but it need serious job and serious team to work fast and correct.

[Betwrong]

A few years ago, NFT was launched and it set the market ablaze. Many NFT projects emerged at that time, which left investors confused. They began investing in new NFT projects without understanding them, resulting in significant losses. To this day, these investors have not been able to recover from their losses unless they sold their NFT.

Currently, meme coins are gaining popularity, with a new coin appearing in the market almost daily or weekly. The prevailing belief is that meme coins offer the highest ROI, which they are delivering.

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

I absolutely support this idea, but, firstly, there are some gambling sites that accept similar bets, and secondly, as yahoo said, creating a website is costly and since there's a chance you will end with no one betting on your site - it's a risky endeavour. Maybe it's a good idea for already existing sites, but creating a platform from scratch I personally wouldn't recommend.

[joniboini]

I mean the platform is just to predict the market trends, but in reality, we only notice the trends during the bull run. So how about the during the regular season? How can this platform still stay in the business?

I think OP assumes that anyone can run a prediction regardless of the market trends. I believe the platform will likely make a lot of money from an unpredictable market since the RNG is not too skewed in one direction. Imagine if you run a betting platform that predicts up or down on BTC but the market is in a bullish period, anyone who bets on down will likely get rekt. That being said, the developer can limit the timeframe to something as short as one minute or so. At that point, it is similar to running an option trading platform instead of a casino.

[Dunamisx]

It can be an idea many would have love to see come through, but we must not neglect the challenging aspect of it as well, we need to reconsider the way people will not want to have a new feature and that same to also be a source of threat to them, which means, there must be a continuous evaluation on such before the introduction and after to see that it meet up to the standard of what the people want from it.

[GluttonyY]

It can be an idea many would have love to see come through, but we must not neglect the challenging aspect of it as well, we need to reconsider the way people will not want to have a new feature and that same to also be a source of threat to them, which means, there must be a continuous evaluation on such before the introduction and after to see that it meet up to the standard of what the people want from it.

This is what unlimitedmoneyglitch accomplishes.

[Hispo]

It can be an idea many would have love to see come through, but we must not neglect the challenging aspect of it as well, we need to reconsider the way people will not want to have a new feature and that same to also be a source of threat to them, which means, there must be a continuous evaluation on such before the introduction and after to see that it meet up to the standard of what the people want from it.

This is what unlimitedmoneyglitch accomplishes.

My man. I have seen several times around the gambling section of the forum some thread about that service and I still do not understand and it is actually about. It could be a good service for whatever it tries to accomplish, but the name selection of it is simply unfortunate, in my opinion.
It makes it sounds we are talking about a tasteless, basic and dumb ponzi squeme or some illegal software which tries to hack casinos to strip them over their bankroll.
Actually, some days ago I saw someone flooding this section and prompting people to click on a link which alledgely contained material to steal from casinos. I don't have any doubt those who clicked on those links got some malware or hijacking of their copy-paste, in order to steal their satoshis.

I don't understand why anyone would name their service after the typical name of a stupid ponzi, of which there are thousands on the internet. 

[Sandra_hakeem]

There is, 🔮 Futuur - Predict the Future! 🔮, although there's no prediction about upcoming cryptocurrency hype.

Yes, there are different sites where several predictions are made... Do you really have to make it obvious that altcurrencies are a total gamble?...
Royce made a good point! Hoping on a trend by creating a website worth atleast $500 minimum for  predictions would be as good as buying some memecoin in CEX without retrieving the seedphrase.

I'm just curious though, how is it related to gambling?

Sorry man, but did you read the post at all?

[alani123]

There already is a way to earn from predicting future performance of an asset and it's called futures. Already perpetual futures for cryptocurrency trading are quite popular and you can trade them on most crypto exchanges unless you're in certain jurisdictions where it's not legal. But then again you can even do it through unregulated decentralized platforms like dxdy for instance.

Also some gambling platforms have already implemented games for predicting prices. I had made a thread about this and got some relevant responses here. It seems like there's a bit of a trend to actually bet on an asset's price rather than just trade futures now so it's an interesting aspect of gambling. I kinda wish it grows so there's more products available.

[AmoreJaz]

There is, 🔮 Futuur - Predict the Future! 🔮, although there's no prediction about upcoming cryptocurrency hype.

Yes, there are different sites where several predictions are made... Do you really have to make it obvious that altcurrencies are a total gamble?...
Royce made a good point! Hoping on a trend by creating a website worth atleast $500 minimum for  predictions would be as good as buying some memecoin in CEX without retrieving the seedphrase.

I'm just curious though, how is it related to gambling?

Sorry man, but did you read the post at all?

Altcoins have no defined future as most of them have no tangible development plans. Because you know what? Most are created for the mere fact that the "devs" behind it only care for their pockets. Once their pockets are full, they will slow down in giving updates to their community. Up until they pull a stunt of dumping it on the market and disappear into thin air. How many projects have gone that route? I believe, most of them. You can only count those valuable projects that are continuously achieving their promised objectives to its investors.

It can be an idea many would have love to see come through, but we must not neglect the challenging aspect of it as well, we need to reconsider the way people will not want to have a new feature and that same to also be a source of threat to them, which means, there must be a continuous evaluation on such before the introduction and after to see that it meet up to the standard of what the people want from it.

The concept is already existing just like what you are seeing in futuur.com, they have the crypto-related betting lines. So it is not new at all, and not a threat. There's no need to evaluate such market because as I said, it is already existing. Futuur for example have been here for years already and they are still operating.

[GxSTxV]

I believe it’s not worth it to create a gambling platform just to specify in predictions of the market, it will need a budget for the development itself beside that there will be only few interested gamblers in such a specific field to gamble with not many people having good knowledge in crypto market to predict the coming hyped project or meme coins, and if there’s experts and good traders who could spot these coins they can just invest in them rather than gambling on them.
In the meanwhile, there are several gambling platform that offers various options to gamble on, just like in freebitco.in website they have some betting options predicting the next  Bitcoin move or price after a specific period of time, also recently joined the new Telegram tokens and one platform inside it named Battles where they offer gambling on various things and create a battle yourself for instance the price of Ton coin next week.

[Sarah Azhari]

A few years ago, NFT was launched and it set the market ablaze. Many NFT projects emerged at that time, which left investors confused. They began investing in new NFT projects without understanding them, resulting in significant losses. To this day, these investors have not been able to recover from their losses unless they sold their NFT.

Currently, meme coins are gaining popularity, with a new coin appearing in the market almost daily or weekly. The prevailing belief is that meme coins offer the highest ROI, which they are delivering.

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

I don't have problem on this, but will there be many people playing it in the future? because things like this are less popular then regular casino, and I am sure developer who create website like this try to hard to market it. The first thing that must be introduced in the market is crypto, then NFT and another project like meme, I think they will have to expend a lot of energy to make the website success like another casino. However, something like this should be worth a try, especially if you have a lot of time and maybe make it like testnet website first to just to know how the market look, if you think good then you have to try it with small site first.

[Dunamisx]

It can be an idea many would have love to see come through, but we must not neglect the challenging aspect of it as well, we need to reconsider the way people will not want to have a new feature and that same to also be a source of threat to them, which means, there must be a continuous evaluation on such before the introduction and after to see that it meet up to the standard of what the people want from it.

This is what unlimitedmoneyglitch accomplishes.

My man. I have seen several times around the gambling section of the forum some thread about that service and I still do not understand and it is actually about. It could be a good service for whatever it tries to accomplish, but the name selection of it is simply unfortunate, in my opinion.
It makes it sounds we are talking about a tasteless, basic and dumb ponzi squeme or some illegal software which tries to hack casinos to strip them over their bankroll.
Actually, some days ago I saw someone flooding this section and prompting people to click on a link which alledgely contained material to steal from casinos. I don't have any doubt those who clicked on those links got some malware or hijacking of their copy-paste, in order to steal their satoshis.

I don't understand why anyone would name their service after the typical name of a stupid ponzi, of which there are thousands on the internet. 

All i have to say here is for everyone to go for what he want and sees as the best for himself, maybe this might be his own personal narratives about gambling, maybe we can start with the adoption of treating things personally than when we make it a collective efforts, if you make post on what is not it, people will attack and give the right and appropriate approach needed.

[Gozie51]

Altcoins have no defined future as most of them have no tangible development plans. Because you know what? Most are created for the mere fact that the "devs" behind it only care for their pockets. Once their pockets are full, they will slow down in giving updates to their community. Up until they pull a stunt of dumping it on the market and disappear into thin air. How many projects have gone that route? I believe, most of them. You can only count those valuable projects that are continuously achieving their promised objectives to its investors.

And many more shit coins will go under after this halving season. They are just created by developers for their pockets especially for this season because they know the market is ready for them since investors like them cheap for high returns. So as for this season it will be the faster volatility for the quicker hands, if you are lucky to identify the high before it starts to drop because some may not get back to their entry point after this season. I have seen some airdrops being shared in expectation of the bull however the developers will only release some portion of the reward and lock the rest so that they will dump first and cash out before hodlers.

[Z390]

A few years ago, NFT was launched and it set the market ablaze. Many NFT projects emerged at that time, which left investors confused. They began investing in new NFT projects without understanding them, resulting in significant losses. To this day, these investors have not been able to recover from their losses unless they sold their NFT.

Currently, meme coins are gaining popularity, with a new coin appearing in the market almost daily or weekly. The prevailing belief is that meme coins offer the highest ROI, which they are delivering.

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

The fate of NFTs will be the same as Bitcoin Ordinals and Runes, it is only a matter of time, I will have loved it more if you use runes and Ordinals to compare to NFT, they have the same thing in common and the only difference is the Chain they are running on.

Many will make money from runes and Ordinals but losses will come after, just like what happened to NFTs.
There are actually some platfroms that gives people the chances to predict on the future price of a crypto project but I believe it is more risky than just gambling in a casino as a gambler, who can really predict the future? Funny thing is they made x20 wagers available.

Many people will lose their money and the platform will make huge gains, how can you predict the actual value of a coin? Assuming a coin is trading at $0.10 today and you are told to predict the actual price by 2pm tomorrow, how can you tell what the actual number will be? $0.12? $0.11? $0.15 ? One wrong call and your money is gone.

[EarnOnVictor]

There is, 🔮 Futuur - Predict the Future! 🔮, although there's no prediction about upcoming cryptocurrency hype.

Yes, there are different sites where several predictions are made... Do you really have to make it obvious that altcurrencies are a total gamble?...
Royce made a good point! Hoping on a trend by creating a website worth atleast $500 minimum for  predictions would be as good as buying some memecoin in CEX without retrieving the seedphrase.

I'm just curious though, how is it related to gambling?

Sorry man, but did you read the post at all?

Altcoins have no defined future as most of them have no tangible development plans. Because you know what? Most are created for the mere fact that the "devs" behind it only care for their pockets. Once their pockets are full, they will slow down in giving updates to their community. Up until they pull a stunt of dumping it on the market and disappear into thin air. How many projects have gone that route? I believe, most of them. You can only count those valuable projects that are continuously achieving their promised objectives to its investors.

Don't let us take it further than necessary, there are ways of doing things and it is not necessary to include all altcoins in the project, there are viable ones that can be easily added, and of course including Bitcoin. But first, the person who mentioned Futuur missed it totally, that platform is a different prediction platform that if a serious bettor opted for would only be wasting his time. That aside, the main market predictive programs should be in the form of binary options, though it could be a bit twisted if it is a gambling site offering it, it shouldn't be much, just the way I saw it in a few places. What I saw has become something else, so it will be very difficult for gamblers to gain in that sense. What's the point?

As for your remarks about the great projects among altcoins, well, it doesn't matter the way you viewed it. Good altcoins are many, but you down-talked it as if they are few. If good altcoins should be counted now, you will still count more than 100 easily. But this kind of project doesn't even need that much. Projects like this in the Forex market often carefully choose about 10 currency pairs to use for the betting. Are you now telling me that we can't see altcoins that are up to 10 that are good in all senses and that can be used for the project?

[seoincorporation]

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

Because the market can be manipulated... let's say i create a coin called Toshi, 10 Millions Premined, i make a airdrop of 1 million coins and leave 9 million for my self, then i go to the platform where i can predict the future and place a bet predicting my coin will lose 90% of it's value, after that i go and sell 2 Millions of toshi crashing the markets and sending my coin down by 90%, i win the bet. Now you see the risk.

There is, 🔮 Futuur - Predict the Future! 🔮, although there's no prediction about upcoming cryptocurrency hype.

Futuur has been there for some years now, and is a good option to bet in absurd things like World War 3 and other stuff.

[GluttonyY]

It can be an idea many would have love to see come through, but we must not neglect the challenging aspect of it as well, we need to reconsider the way people will not want to have a new feature and that same to also be a source of threat to them, which means, there must be a continuous evaluation on such before the introduction and after to see that it meet up to the standard of what the people want from it.

This is what unlimitedmoneyglitch accomplishes.

My man. I have seen several times around the gambling section of the forum some thread about that service and I still do not understand and it is actually about. It could be a good service for whatever it tries to accomplish, but the name selection of it is simply unfortunate, in my opinion.
It makes it sounds we are talking about a tasteless, basic and dumb ponzi squeme or some illegal software which tries to hack casinos to strip them over their bankroll.
Actually, some days ago I saw someone flooding this section and prompting people to click on a link which alledgely contained material to steal from casinos. I don't have any doubt those who clicked on those links got some malware or hijacking of their copy-paste, in order to steal their satoshis.

I don't understand why anyone would name their service after the typical name of a stupid ponzi, of which there are thousands on the internet. 

Lol, Unlimited Money Glitch is one of a kind lets just say ! 

[Synchronice]

A few years ago, NFT was launched and it set the market ablaze. Many NFT projects emerged at that time, which left investors confused. They began investing in new NFT projects without understanding them, resulting in significant losses. To this day, these investors have not been able to recover from their losses unless they sold their NFT.

Currently, meme coins are gaining popularity, with a new coin appearing in the market almost daily or weekly. The prevailing belief is that meme coins offer the highest ROI, which they are delivering.

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

I think it will easily be able for Freebitco.in to easily add performance prediction contest (because website has very easy structure that lets them add whatever contest they want without much technical work) but I think many casinos will be able to do that but simply, just buy it or sell it. No one is gonna waste time for memecoins that are created and failed every second.
About NFTs, I want to comment that it will be really good if casinos implement an NFT marketplace on their websites that will allow users to unlock certain NFTs after certain achievements and then to be able to sell them.

[virasog]

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

There are two things to note here. First, predicting the performance of the cryptocurrency is same like predicting it whether will pump or dump or the price of that cryptocurrency. This is already handled in a much better way in the future trading market where we take long or short position on any cryptocurrecny. Also, there are platforms like freebitcoin where we can bet on the monthly price of bitcoin and Ethereum.

Secondly, if you say to predict the future trends whether the next hype will be of defi coin, meme coins, gaming coins or AI coins etc, then there is no definite answer to it and most of the time one or more categories are in trend so it is difficult to select a winner for such bets.

[goaldigger]

It can be an idea many would have love to see come through, but we must not neglect the challenging aspect of it as well, we need to reconsider the way people will not want to have a new feature and that same to also be a source of threat to them, which means, there must be a continuous evaluation on such before the introduction and after to see that it meet up to the standard of what the people want from it.

Most probably some already come into this idea but after careful evaluation and study, they realize that there is no market for price prediction even in cryptomarket and maybe that’s why we haven’t see any site to offer the same thing as many believe that if its gambling it should be game related or a sports related option because the purpose of gambling is to entertain as well.

[Betwrong]

~

Most probably some already come into this idea but after careful evaluation and study, they realize that there is no market for price prediction even in cryptomarket and maybe that’s why we haven’t see any site to offer the same thing as many believe that if its gambling it should be game related or a sports related option because the purpose of gambling is to entertain as well.

I strongly disagree with this. There's a market for predicting anything. Create a site taking bets on how many meteors fall on earth each day and you'll get a huge demand. We just have to wait until it will be technically possible to say how many. But we can already bet on how many letters will be in the name of next Powerball Jackpot winner. And if such bets were accepted, thousands of bettors would be putting them, I'm sure. It's just because there many millions of bettors around the world, and at least a tiny portion of them would bet on anything.

[TheUltraElite]

It's just because there many millions of bettors around the world, and at least a tiny portion of them would bet on anything.

The keyword here is the ability to be able to bet on "anything" - it is human nature to bet on things and observe how their predictions go big or bad and being able to make money from it increases the thrill in the risk taking.

Indeed it is possible to create such bets and see how much popularity that bet would gain. While there might be some sites doing this already, ordinals might have a limited lifetime, from what I can make out. However a site that takes that in as well as other markets might actually do better than one handling only narratives or ordinals.

[joniboini]

they realize that there is no market for price prediction even in cryptomarket and maybe that’s why we haven’t see any site to offer the same thing as many believe that if its gambling it should be game related or a sports related option because the purpose of gambling is to entertain as well.

This just made me realize that there are tons of contests on this forum that use Bitcoin price prediction as their main game. It seems quite popular, so there is definitely some market if anyone is interested in that. If anything, I believe the profit provided by other games is probably better for the house, so there's no need for them to create a dedicated prediction game for that. I wouldn't be surprised if a dedicated Bitcoin prediction becomes mainstream though, considering how popular option trading is. CMIIW.

[Dunamisx]

Its not all about starting something, one would have looked into the demands, cost and implications of starting it, gambling has it own kind of demands in which if we are not giving it the desired effort in making it worked out, we may not achieve half the target of what we aimed form, all these are part of what constitute a gambling platform to fold up after some time or little operations because they couldn't maintain the demands and requirements needed to keep it running.

[zarintasnim]

Gambling has become popular day by day, with people risking their money in hopes of winning big. With the rise of technology and the Internet, online gambling has become more accessible than ever before.  However, the casino owner has won the plan and aims to increase his business.  They don't want to share their marketing plan publicly. and also to make software for it not sure if it works or not. other hand they also don't know how many new projects are coming into this market. so it is very difficult to predict which project has gone thing and which project has gone down.

[LUCKMCFLY]

Well, in the era of NFT games there was Something like that with a platform, where there were some bears and some bulls where the simulation was Made of who won or not according to the market movements, at that time it was not like watching futures Trading , where there was a bet that went up or down, and that was very exciting, I just didn't pay much attention to the things we could achieve if we carried out good technical analysis. Well then you could say that in person things would work out, I haven't seen a Casino that has it but it would be Great , although I don't Know if the advantage of the case would be compromised and it won't be as Feasible for a casino , you would have to ask to a Casino owner, because it's actually a great idea.

[3kpk3]

This just made me realize that there are tons of contests on this forum that use Bitcoin price prediction as their main game. It seems quite popular, so there is definitely some market if anyone is interested in that. If anything, I believe the profit provided by other games is probably better for the house, so there's no need for them to create a dedicated prediction game for that. I wouldn't be surprised if a dedicated Bitcoin prediction becomes mainstream though, considering how popular option trading is. CMIIW.

True. Prediction contests became a hit in this forum several years ago thanks to sites like Bitcasino etc which is why we are seeing so many sites launching their own prediction contests in order to draw in gamblers.

Also, there are dedicated Bitcoin prediction games already available in sites like Rollbit where you are supposed to predict whether it goes up or down in specific periods.

[wiss19]

Its not all about starting something, one would have looked into the demands, cost and implications of starting it, gambling has it own kind of demands in which if we are not giving it the desired effort in making it worked out, we may not achieve half the target of what we aimed form, all these are part of what constitute a gambling platform to fold up after some time or little operations because they couldn't maintain the demands and requirements needed to keep it running.

Gambling platforms are businesses, and no business can be started without a proper and well-thought plan and it's about every business in the world. When we talk about casinos and gambling platforms online, they might seem like they are easy to begin with and a person who has enough money can easily build a casino and start earning money, but little do they know that it's a lengthy process and it can't be done by a single person alone.

There are a lot of things one needs to take care of and consider before one gets into the business including the area they are targeting whether one can get enough attention from the audience one is targeting, whether one has enough money to fund the process, and don't go bankrupt in case the initial phase doesn't pay out much, and these are just a few things out of many there are.

[Betwrong]

It's just because there many millions of bettors around the world, and at least a tiny portion of them would bet on anything.

The keyword here is the ability to be able to bet on "anything" - it is human nature to bet on things and observe how their predictions go big or bad and being able to make money from it increases the thrill in the risk taking.

Indeed it is possible to create such bets and see how much popularity that bet would gain. While there might be some sites doing this already, ordinals might have a limited lifetime, from what I can make out. However a site that takes that in as well as other markets might actually do better than one handling only narratives or ordinals.

I agree, having a big variety of games on your site can help you to do better, but it's not guaranteed, you know. Sometimes specialized websites attract more attention of a specific audience, namely those people who don't want to play other games at all. It's only a question of how much of such people are there? If there are millions of them, then maybe creating a site that is handling only those specific bets worth a consideration.

[Pandu Geddon]

Gambling platforms are businesses, and no business can be started without a proper and well-thought plan and it's about every business in the world. When we talk about casinos and gambling platforms online, they might seem like they are easy to begin with and a person who has enough money can easily build a casino and start earning money, but little do they know that it's a lengthy process and it can't be done by a single person alone.

There are a lot of things one needs to take care of and consider before one gets into the business including the area they are targeting whether one can get enough attention from the audience one is targeting, whether one has enough money to fund the process, and don't go bankrupt in case the initial phase doesn't pay out much, and these are just a few things out of many there are.

Business people can create and get attention from users by creating a new casino. but the most difficult effort is maintaining their ability to compete.
More gamblers do not change casinos when they get comfortable service from a trusted casino. and the challenge for new casino makers is to gain the trust of users. and what can be done is not in a short time. but everyone knows how sweet it is to make money from the casino business.

[danadc]

Gambling platforms are businesses, and no business can be started without a proper and well-thought plan and it's about every business in the world. When we talk about casinos and gambling platforms online, they might seem like they are easy to begin with and a person who has enough money can easily build a casino and start earning money, but little do they know that it's a lengthy process and it can't be done by a single person alone.

There are a lot of things one needs to take care of and consider before one gets into the business including the area they are targeting whether one can get enough attention from the audience one is targeting, whether one has enough money to fund the process, and don't go bankrupt in case the initial phase doesn't pay out much, and these are just a few things out of many there are.

Business people can create and get attention from users by creating a new casino. but the most difficult effort is maintaining their ability to compete.
More gamblers do not change casinos when they get comfortable service from a trusted casino. and the challenge for new casino makers is to gain the trust of users. and what can be done is not in a short time. but everyone knows how sweet it is to make money from the casino business.

That is the most important thing, when a player feels that there is enough confidence to go to a casino, comply with KYC and make the deposit it is because the expectations are or are very high and that helps the sites begin to level out. above, The more community there is the more it can be achieved, I have searched many casinos and it is difficult to trust, some have native tokens, others offer other types of facilities such as making withdrawals without charge, others offer bonuses, contests, all this to attract more community and That they have good support, all this helps a site to be much stronger, of course it is my way of seeing how it should be done, but trust is earned over time.

[wallet4bitcoin]

A few years ago, NFT was launched and it set the market ablaze. Many NFT projects emerged at that time, which left investors confused. They began investing in new NFT projects without understanding them, resulting in significant losses. To this day, these investors have not been able to recover from their losses unless they sold their NFT.

Currently, meme coins are gaining popularity, with a new coin appearing in the market almost daily or weekly. The prevailing belief is that meme coins offer the highest ROI, which they are delivering.

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

I don't think that many sites have that feature, although I have come across a project that has such but it is only the sentiment of the project that is focused on. It also advices the projection of the token in no distant time from when the analysis is done.

Prediction of tokens is not an easy skill and people who do that do it as an act of speculation with no guarantees. Crypto call centers do predictions but they also give disclaimers like, "not a financial advice".

[delfastTions]

A few years ago, NFT was launched and it set the market ablaze. Many NFT projects emerged at that time, which left investors confused. They began investing in new NFT projects without understanding them, resulting in significant losses. To this day, these investors have not been able to recover from their losses unless they sold their NFT.

Currently, meme coins are gaining popularity, with a new coin appearing in the market almost daily or weekly. The prevailing belief is that meme coins offer the highest ROI, which they are delivering.

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

I don't think that many sites have that feature, although I have come across a project that has such but it is only the sentiment of the project that is focused on. It also advices the projection of the token in no distant time from when the analysis is done.

Prediction of tokens is not an easy skill and people who do that do it as an act of speculation with no guarantees. Crypto call centers do predictions but they also give disclaimers like, "not a financial advice".

We all constantly encounter the fact that someone's private opinion “is not financial advice.”  
And there are generally a lot of such opinions on different platforms on the Internet and, above all, in various social networks.  It is quite difficult to predict the behavior of tokens simply because their fate and financial support are parameters that depend on a huge number of factors, from global ones, for example, general policy or the policy of the regulator of a particular jurisdiction, to local questions like “will it be possible to reach an agreement with the investor?”  ?"  .  
In all this chaos and confusion, even AI will not be able to help, since all its forecasts are probabilistic and too vague.  Therefore, you, as a specific person, cannot make the only right decision.  And you can rely largely on your past experience and partly on intuition.  But in general, advice can of course be read, but it should never be taken seriously as real recommendations.  

Well, don’t forget that there are a huge number of fakes, false  information on the Internet and a huge number of outright scammers and thieves.

[kotajikikox]

And aside from that , Gambling is solely created to favor the owner and the team so the consensus will always for the gambling site and not for anyone of players and gamblers .
and with now that too long list of casino online is created day by day that I do believe who is owned by only few people(they are creating sites pretending to be competition but same owner behind ) I think this market will grow even without any other actions.

This just made me realize that there are tons of contests on this forum that use Bitcoin price prediction as their main game. It seems quite popular, so there is definitely some market if anyone is interested in that. If anything, I believe the profit provided by other games is probably better for the house, so there's no need for them to create a dedicated prediction game for that. I wouldn't be surprised if a dedicated Bitcoin prediction becomes mainstream though, considering how popular option trading is. CMIIW.

True. Prediction contests became a hit in this forum several years ago thanks to sites like Bitcasino etc which is why we are seeing so many sites launching their own prediction contests in order to draw in gamblers.

Also, there are dedicated Bitcoin prediction games already available in sites like Rollbit where you are supposed to predict whether it goes up or down in specific periods.

even Futuur mate is having predictions from any point of crypto to science and even politics and sports , which means prediction becomes more popular nowadays.

[Crypt0Gore]

A few years ago, NFT was launched and it set the market ablaze. Many NFT projects emerged at that time, which left investors confused. They began investing in new NFT projects without understanding them, resulting in significant losses. To this day, these investors have not been able to recover from their losses unless they sold their NFT.

Currently, meme coins are gaining popularity, with a new coin appearing in the market almost daily or weekly. The prevailing belief is that meme coins offer the highest ROI, which they are delivering.

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

I like your mindset OP, what you crave for isn't impossible but it is risky as well, building something very new and expect it to be successful is very risky, for example there are many crypto projects with great team that brings new ideas to crypto space and they still failed, if what they are building is launched at the wrong time it will fail.

The Artificial intelligence projects that are now popular were once built in the past year, I can remember some AI projects from 2019 and it was a very bad timing to release such because it was too early, they failed so much that all money spent went down the drain.

Market Narrative based gambling platform is not a bad idea but I don't think they will be successful, if anyone wants to experiment on this they must have a running online casino that are based on what gamblers are used to and slowly implement this your idea just to see if gamblers will embrace it, this way you will be able to dodge the bullet of failure if it doesn't work.

[joniboini]

even Futuur mate is having predictions from any point of crypto to science and even politics and sports , which means prediction becomes more popular nowadays.

That or they are one of the first to serve the prediction market in a niche market. At the very least, one of the few platforms that offers crypto prediction. Becoming the first on something helps them, although you could argue some businesses are not pioneers but become the most popular ones due to marketing. Nothing is wrong with that though, that's just how the market works in general. Not sure how to make a prediction market more unique in the future though, maybe improving the service quality will be the way to compete in the future. CMIIW.

[Maus0728]

Would be really good but didn't one website that was doing a signature campaign here in the forum already did it? Not sure how they're going to be popular though, @yahoo62278 already said it best, the market for what you're talking about is just too unstable and people are too quick to lose their interest on things so it's not a really safe or good business model. I'd rather stick to the conventional prediction games rather than do this where the odds of success is much lower than that of an established game. It's also difficult to make money consistently on such a platform because with too many factors to consider, you're better off just doing eenie meenie or coin flip to choose which one's the right one to bet on.

[Z_MBFM]

Gambling has become popular day by day, with people risking their money in hopes of winning big. With the rise of technology and the Internet, online gambling has become more accessible than ever before.  However, the casino owner has won the plan and aims to increase his business.  They don't want to share their marketing plan publicly. and also to make software for it not sure if it works or not. other hand they also don't know how many new projects are coming into this market. so it is very difficult to predict which project has gone thing and which project has gone down.

Every business has its secrets and uses those secrets to occupy the top position in the market.  Similarly, there are many secrets in gambling that gambling companies use to occupy a good position in the gambling industry. always the trick is that the more unique plans they can make, the more gamblers they can attract to their site. and those who use the same tactics as before can never do well. everything is updated with time and accordingly new strategies have to be developed to maintain a good position in the market

[LUCKMCFLY]

Every business has its secrets and uses those secrets to occupy the top position in the market.  Similarly, there are many secrets in gambling that gambling companies use to occupy a good position in the gambling industry. always the trick is that the more unique plans they can make, the more gamblers they can attract to their site. and those who use the same tactics as before can never do well. everything is updated with time and accordingly new strategies have to be developed to maintain a good position in the market

You are right, always in each market, in each way of generating income in the industry has its secrets and that is something that always happens, for everyone there are always strategies and ways to reach goals quickly, some, those who have less money. Sometimes they use a lot to find people through social networks, and it is not bad, but the incentives must be very good so that they can generate that money, of course, these types of strategies are very common' because they basically agree to that the community grows and the spirit never wanes, I have seen that there are strategies that some projects apply that even make pyramids, because things like that are encouraged more although that always falls, pyramids are something that I will never support, and that is something It depends on me never support something like that.

[rodskee]

Gambling has become popular day by day, with people risking their money in hopes of winning big. With the rise of technology and the Internet, online gambling has become more accessible than ever before.

and more addicting mate this is how gambling and internet goes now.

we even harder to see gambling sites and aps that really care about players instead it is their interest
that is only what they care about.

 However, the casino owner has won the plan and aims to increase his business.  They don't want to share their marketing plan publicly. and also to make software for it not sure if it works or not. other hand they also don't know how many new projects are coming into this market. so it is very difficult to predict which project has gone thing and which project has gone down.

who is in their right mind that will share their business plan in public?

this is a business that they must conquer and that is what they must care about.

[joniboini]

we even harder to see gambling sites and aps that really care about players instead it is their interest
that is only what they care about.
-snip-
who is in their right mind that will share their business plan in public?

What's your standard to call a business "care about players"? I don't think any business really thinks about what their customers want, although a long-lasting business thinks about them at some point. You can't last long enough if your product has no buyer in the end. How you treat your customer can also bite you in the ass, especially if you're just starting a business in a niche market like the crypto prediction market.

IMO, sharing your marketing plan is not necessarily wrong depending on what part of the plan you're discussing with the public. Stuff like looking for a signature campaign manager on this forum, buying an ad slot, telling people you will run a prediction game and so on is not a huge problem. It can also serve as a form of marketing, especially if your target is members of this forum. I mean, some people named Futur or something before, so their marketing definitely works.

[Dunamisx]

Gambling has become popular day by day, with people risking their money in hopes of winning big. With the rise of technology and the Internet, online gambling has become more accessible than ever before.  However, the casino owner has won the plan and aims to increase his business.  They don't want to share their marketing plan publicly. and also to make software for it not sure if it works or not. other hand they also don't know how many new projects are coming into this market. so it is very difficult to predict which project has gone thing and which project has gone down.

Every business has its secrets and uses those secrets to occupy the top position in the market.  Similarly, there are many secrets in gambling that gambling companies use to occupy a good position in the gambling industry. always the trick is that the more unique plans they can make, the more gamblers they can attract to their site. and those who use the same tactics as before can never do well. everything is updated with time and accordingly new strategies have to be developed to maintain a good position in the market

In every business we are doing, we should ensure that we have our own key performance secrete that has been the brain that continue to drive it forward, this may not be clear or visible to others because its something that has to be personal to us, we have taken time to make such discovery for our business and others may have to give their own attempts as well in making discovery for what works for them too.