Why not create a Gambling platform on Market narrative?

[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.

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[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.