TF

Knerd5

See, I disagree with you on the bigger picture. Bitcoin IS going to help, and does help, protect against inflation. At this point in its existence it only protects over longer timeframes (2-4 years) though. The reason being is OG holders have massive positions that need to be unwound, a decently high issuance rate (~2%) and access to high amounts of leverage (20x) all lead to high volatility. I have always believed that the 2028-2032 halvings are when we see price volatility significantly calm down. Large individual holders will have dispersed to larger groups of people, inflation will be well under 1% and exchanges will forced to bring leverage into a reasonable range (probably 3-7x). All these factors will lead to the swings calming TF down.

XGamingMan

TF!!!! No

Saucy6

I really like the skins system! And that’s coming from someone who never understood why people bought skins/hats in TF2 for $$$.

Still_Lobster_8428

>By your logic all demonstrations that invlove less than half the population don't represent popular sentiment, and because you think like this, yes you are the mouth breather. You do realise that the opposit is actually true.... Don't you? Your making an ASSUMPTION that popular sentiment was in support with the 1 million.... like I said, thoughts and prayers.... WTF do you think SENTIMENT is....? You know what makes elected officials change their position.... When MAJORITY public sentiment is FEARED to lead to real action that means they don't get reelected! So, you claim "public sentiment" was with the 1 million..... Yet the elected officials knew that whatever public sentiment that actually was, they would NOT convert into anything meaningful that would impact them getting re-elected. (AKA - politicians knew public sentiment amounted to no more then "thoughts and prayers") so why TF would they listen to it! Gee, I really don't know why the government didn't listen.... With all that "thoughts and prayers" powerful public sentiment being magically projected at them..... How did they ever hold up under the onslaught! Maybe the public sentiment should have taught Iraqi kids how to use thoughts and prayers to stop a JDAM killing them and their family when it struck their house in the middle of the night? I don't think thoughts and prayers would stop Depleted Uranium munitions though, they are used specifically to breech armour.... I realise that there is no stronger armour then thoughts and prayers..... But I think Depleted Uranium munitions might get through it. Now, public sentiment, that's another thing entirely! That would 100% stop Depleted Uranium munitions! >The majority that your comment lumped me in with, You missed the subtext of this post.... You ARE the majority. >you claim pretext when you don't even understand the basics of language. Not understand the basics of language..... Strange flex.... Where did I claim pretext....? SUBtext..... SUB......text..... S....U....B...T...E...X...T It's a completly differant word then pretext. Basics of language and all that....

gnarley_quinn

TF is wrong with you

moonRekt

Idk, i think it’s good. I went to college for Economics. Then decided there would be more $ in it for me pursuing Geology to find oil. But I learned enough with my Econ minor to realize not buying BTC would be a huge mistake the first time i learned of it in 2016/17–hadnt even seen a boom/bust fomo cycle yet i still wanted in. Yeeted in a years salary over a few years, best decision i made in my life. I could be making a bunch of $$ in oil right now im sure but life is better just spending time with my family and stacking sats. Also, how TF could you watch the debt ceiling negotiations and shutdowns in 2010 on and not decide we needed Bitcoin?

nanaymonaenae

Even the name "Stablegains" looked sussy AF. Who TF invest in that?

theredcore

> it's that integrating with someone else's system is almost always more work than integrating with your own system, Well once something is minted, it's pretty much already in everyone else's system and on a universal hub, all the connecting at that point and how others use it isn't the developers problem anymore. >This still isn't great practice, especially since it puts a newbie to your game at the mercy of the community and the quality of whatever site they're directed to first. Not nesessarily just the community, things grow and emerge. Tokentrove representing 50 or so games with their awesome Inventory layout and appraisal, they may be an emerging giant to represent thousands of games in the future. But tokentrove doesn't isn't a one stop shop for every single thing, so there is room for other hubs to also take over. >They also may have issues displaying whatever sort of information you've linked to through your NFT, assuming it's anything other than a static image. I can't comment much on this, except for saying when the GU marketplace was down because they were doing maintenance, and I couldn't see the images, the 3rd party marketplaces still worked >If we're talking about a larger scale game then you can't just offload all trading outside of the game client, I think you still can depending on the game. Unless it's like VR or something and you're really going for that face to face person to person trading experience. >since requiring the player tab out or exit your game to do things is a poor user experience. Agreed, however once these outside hubs become large enough, games can just integrate it within the game itself saving a lot of work >No, they 100% know what they are and what they can do. This perception that anyone who thinks something in crypto is a bad idea is just uneducated seriously needs to die a death already It's there for a reason. A lot of people are extreamly uneducated about crypto. >Then I don't know what to tell you, because all the info I can find says that is 100% not "free" or even under 1 cent. Either the developers are eating that cost as part of their smart contract, You got me to check their site "On Immutable X, we’ve minted 8 million NFT cards with only ~1,030kWh = 844 kg CO2. To put this in perspective a one-way flight from LAX to NYC is 807 kWh = 662 kg CO2." >There are entire channels dedicated to debunking crypto scams or tearing down stupid blockchain projects run by people who do nothing but research crypto all day That can equally exist, crypto is filled with a lot of scams. >These are not reactions born out of ignorance, these are developed and considered opinions They're born because currently there isn't much viable in crypto and it's pretty much all scams. They're correct about that, just entirely wrong about it's future and thinking that's all it can be. >This stuff already exists, it's already doable. No one cares.1 Some games have it. No one cares. You've been able to trade TF2 hats on third party sites for a decade. No one cares. Keep minimizing the tech to pretend it doesn't do anything. Nothing ever created has been an all in one example of what and basic NFT is capable of doing, unless you start adding in special exceptions for how to achieve that goal. If no one cared, tokentrove wouldn't have had grounds to become a viable business. >but I'm here to tell you they've been possible for ages, and the reason you've never heard of them is because... no one cares about them. Yeah yeah, it's always been possible to have insanely quick transactions, but no ones ever wanted to, because they prefer slow transactions, and inconvient user interfaces. Why does this not sound believable?

AvatarOfMomus

> The only thing stored on the blockchain is a receipt of the asset, is it really that much more work to connect to? It's not that it's an insurmountable amount of work, it's that it's enough more to matter compared to the alternatives for very little actual benefit in most cases. It's not about the amount of data stored, it's that integrating with someone else's system is almost always more work than integrating with your own system, which is basically what making an API is. On top of that the fact that the blockchain is an outside system, with outside changes to the data, adds further complexity. Again, none of this is insurmountable, obviously since there are games doing it, but it's still more work, and it's enough "more" that it can't just be written off in a project plan. > On the blockchain the will always be a ton of places to buy or sell your item, it won't matter if one goes down. I'd argue you can 100% rely on existing NFT trading sites to do all of that for you, depending on the game. That's the feature of NFTs 3rd parties can even build on top of other 3rd parties to improve features. Gudecks gathers their pricing info from tokentrove, not from the official site. This still isn't great practice, especially since it puts a newbie to your game at the mercy of the community and the quality of whatever site they're directed to first. They also may have issues displaying whatever sort of information you've linked to through your NFT, assuming it's anything other than a static image. Also if it is just a static image, but your gear has random stat rolls then that's another thing the devs have to build, an image generator for the gear. If we're talking about a larger scale game then you can't just offload all trading outside of the game client, so you still need to build those systems inside the game anyways, since requiring the player tab out or exit your game to do things is a poor user experience. > That's not what is paid for sending a card for free to a friend. 100% it is not. Then I don't know what to tell you, because all the info I can find says that is 100% not "free" or even under 1 cent. Either the developers are eating that cost as part of their smart contract, or they've found some ridiculous work around and no one's noticed, which seems unlikely. My personal bet is they're eating the cost and relying on the more expensive transactions to make up for it, which in my mind seems kinda stupid. > I know transactions with GU are all carbon neutral, from what I know layer 2 should be cheaper and faster then pretty much any other form of data exchange. Without Including royalties it should be cheaper then alternatives Literally anything that's not a blockchain is cheaper and more energy efficient than Layer 2. Layer 2 is basically fixing a Blockchain problem by re-adding centralized processing for transactions in order to reduce cost. If I'm running a game server, the cost of trading an item within that server is an absurdly tiny fraction of just the electricity used to verify one blockchain transaction. Like, 1/500th of the electricity used by that server in 10 milliseconds (and that's probably an over-estimate). Also "carbon neutral" just means they're either buying some kind of carbon offset, they're running something or other on renewables (which I have no idea how they could guarantee this...), or they're full of crap. > I get public sentiment sucks, but I also get that they don't know what they are and what they can do No, they 100% know what they are and what they can do. This perception that anyone who thinks something in crypto is a bad idea is just uneducated seriously needs to die a death already. There are entire channels dedicated to debunking crypto scams or tearing down stupid blockchain projects run by people who do nothing but research crypto all day, and a lot of these people *also* have ton of knowledge in other areas, like software or game development. These are not reactions born out of ignorance, these are developed and considered opinions from informed people who are more than happy to explain why something is a bad idea and/or a crock of shit. > Reminds of a rick and morty episode when morty first experienced "true level". He didn't care and had no reason to care before experiencing it. After trying it, he wanted nothing but that. When people experience what it can do for them, they will like it Dude, this is some cult-sounding shit. No offense. This stuff already exists, it's already doable. No one cares.^1 Some games have it. No one cares. You've been able to trade TF2 hats on third party sites for a decade. No one cares. It seems like you've been sold this idea that these features are somehow new and revolutionary and were impossible before this amazing technology was invented, but I'm here to tell you they've been possible for ages, and the reason you've never heard of them is because... no one cares about them. They'd rather have a well implemented in-game auction house than the ability to trade items from a web browser, and they'd rather have account bound items than Pay 2 Win RMT systems. ^1 I do not, in fact, mean *literally* no one, but it's such a tiny fraction of people that it may as well be no one, since no game relying on these people is ever going to be more than a niche curiosity.

AvatarOfMomus

> New maps are released to travel to and those maps could be directly purchased to unlock the ability to travel there. Hell if they made a pokemon game map modeling something like earth, maybe you have to pay to travel to each continent for "airfare". Sure, which falls under the "sell items directly", in this case you're selling access to items, but it's pretty similar. The problem is that the revenue needs to be enough to sustain the game, and relatively inexpensive "maps" probably won't do it. > Also having say a 2-4% royalties everytime someone trades a pokemon I don't think would be game breaking. Sure, but this also locks in trading to Real Money only (because the items are NFTs and trading those has a real money cost) and possibly also locks the trading onto their platform or through their API, at which point why is this even an NFT game? > With a healthy game that encourages trading over FOMO, powercreep wouldn't nesessarily be a result. ... there's only a few in existence anyways, for the most part the item would be a dream for people to try and get, not a purchase they would feel compelled to spend $50,000 on This just isn't how player psychology works. If something is basically unattainable then it either doesn't factor into anyone's thinking, and therefore isn't enough to drive any sort of NFT sales or economy, or it's just common enough to be a problem and everyone who will never see one feels like they're missing out. If it's a PvE game then the PvE balance becomes skewed towards the people with the few extremely good items. If it's a PvP game then those items dominate in PvP. This creates an experience that's good for the whales with the rare items, but bad for everyone else. For a practical example of this look at the history of Diablo 3's Real Money Auction House and the many problems that created. > Just to clarify, NFTs in games don't have to imply a Play to Earn model, that is only a benefit that can come out of those games, and I believe those games should implement. The ratio of what people earn doesn't exactly have to be profitable for 99% of players, fun has to come first, but players can still get lucky. If your game isn't Play to Earn then there is currently zero reason to implement any kind of NFT system. Full stop. Every other model of game can be done better, cheaper, or both without including NFTs. And if your game includes the selling of items for real money then it is, by definition, Play to Earn. > The nice thing about this model vs a typical microtransaction model, is players don't have to be tempted to "just make one more purchase" since the economy isn't made by milking people... Actually most Play to Earn games function mostly by milking whales. They let rare items drop infrequently which pushes prices up and encourages players to sell them for real money, because to most people a stat boost in a game isn't worth $10+. Otherwise in a normal game, where items aren't that hard to get, prices will ground out in the range of a few cents to a few dollars. See again TF2 cosmetics and item drops. > If each class had a lengthy or even branching leveling system that effects what items you can craft, or places you can travel to. That could encourage a lot of variety If you do some kind of class split then players will just group up to exchange items for similar items unless they're forced to use RMT transactions to trade, in which case there's basically a tax to play the game and players will either optimize to avoid it or just leave the game. > Agree, you may very well see someones castle in an mmo they have the NFT deed for that was bought from someone else who killed a dragon during some special event, but as long as the game remains enjoyable at all levels that shouldn't be an issue. The problem is that these are things that make the game unenjoyable if the game leans into the NFT aspects, and if they don't then there's zero point in having NFTs in the game in the first place. The whole argument for NFTs in games is that you "own" your items and you can sell and trade them or take them to other games (lol) but in a well designed games that just makes some things NFTs the NFT component doesn't serve any real function. And I'm not even touching the "take your items with you" thing, that's been debunked to hell and gone already. > I believe that because an NFT wouldn't require redirection to buy or sell they will be faster and more convenient then anything a developer could try to add. NFTs can make a transaction start to finish take under 10 seconds on a 3rd party site you just found for the first time because you wouldn't even have to log into the site or give it any information You still need to hook up a wallet and give it your payment information, and at that point you may as well just log in to a game portal with your game account. Basically if the system is secured and at all reasonably set up then the friction should be pretty minimal in the first place, and the "ten second transaction" shouldn't actually be possible because that indicates either prior setup and caching or a lack of security and verification. > So I read that review, and reaaallllly disagree with that guy. He's played the game for two months and some of his points I have no idea where he got from. ... I'm pretty sure he got them from reading community recommendations. Also just because old set cards are worth a lot doesn't mean they haven't also been power-crept. Plus prices tanking could be a sign of people abandoning the game, but prices for old cards stay high because people are still holding out to try and either make money or at least recoup more of what they spent. Some quick poking around the GU subreddit and their market suggests that he's not really off base. The design issues probably wouldn't be killing things on their own but the bugs combined with everything else seem to be doing a number on the game's playerbase. I don't know for sure, I don't play the game, and frankly you couldn't pay me to do so. The whole thing sounds like "pump and dump game development" where the game is either going to be mysteriously shut down once revenues drop, or they'll do just enough work to keep the whales hooked and nothing more.

theredcore

>either sell items directly or encourage trading and tax the transactions. There are much more options then just this. Because an NFT game doesn't have to make every transaction be about NFTs weird as that may sound. There can be a pokemon game where the pokemon are NFTs and you travel the world collecting them. New maps are released to travel to and those maps could be directly purchased to unlock the ability to travel there. Hell if they made a pokemon game map modeling something like earth, maybe you have to pay to travel to each continent for "airfare". Also having say a 2-4% royalties everytime someone trades a pokemon I don't think would be game breaking. >because people can't be left with 'good enough' items or they stop paying into the system. With a healthy game that encourages trading over FOMO, powercreep wouldn't nesessarily be a result. At the same time SOME kinds of powercreep wouldn't be bad because the items are not being directly sold by developers. So the best weapon in the game could be excalibur, but after a new quest it is now Thors hammer, there's only a few in existence anyways, for the most part the item would be a dream for people to try and get, not a purchase they would feel compelled to spend $50,000 on >Also because Play to Earn games need to generate a certain amount of money for the players Just to clarify, NFTs in games don't have to imply a Play to Earn model, that is only a benefit that can come out of those games, and I believe those games should implement. The ratio of what people earn doesn't exactly have to be profitable for 99% of players, fun has to come first, but players can still get lucky. >you end up having lower drop rates because players with money need to be encouraged to buy items from others to make them and the game money The nice thing about this model vs a typical microtransaction model, is players don't have to be tempted to "just make one more purchase" since the economy isn't made by milking people, but by people playing the game and making regular trades. Maybe in the game you have to pick a class, or skillset, and the game encourages trading with other classes to be successful. If each class had a lengthy or even branching leveling system that effects what items you can craft, or places you can travel to. That could encourage a lot of variety >On the flip side if you just implement NFT items into an otherwise normal and well designed game then they won't ever be worth much, because the drop rates won't be low enough or they'll be low demand cosmetics (like TF2). Agree >If you then tweak the game towards NFTs then you ebd up with something blatabtly pay to win. Agree, you may very well see someones castle in an mmo they have the NFT deed for that was bought from someone else who killed a dragon during some special event, but as long as the game remains enjoyable at all levels that shouldn't be an issue. >So will a decent API produced by the developers. This isn't even particularly hard to do, most devs just don't because this is most applicable to MMO type games where they want people logged in because it makes them likely to stick around and play. I believe that because an NFT wouldn't require redirection to buy or sell they will be faster and more convenient then anything a developer could try to add. NFTs can make a transaction start to finish take under 10 seconds on a 3rd party site you just found for the first time because you wouldn't even have to log into the site or give it any information >You mean the game that wrecked the game part of the whole thing in the last month because they wanted more money? So I read that review, and reaaallllly disagree with that guy. He's played the game for two months and some of his point I have no idea where he got from. For example he claimed people were being forced to FOMO into the new expansion while their old cards lost value, however cards in the new set range from a few pennies to a dollar or two, while so many genesis cards are over $100 a piece He was upset that they added a 5% royalty fee. Personally I think the amount is too high, but the game is definitely not dead or as bad as he claimed.

AvatarOfMomus

> How? Because I big disagree on that statment I'll try to be brief here because phone... Basically by adding NFTs to a game you need to chnage your monetization model to either sell items directly or encourage trading and tax the transactions. This encourages things like power creep between releases because people can't be left with 'good enough' items or they stop paying into the system. Also because Play to Earn games need to generate a certain amount of money for the players you end up having lower drop rates because players with money need to be encouraged to buy items from others to make them and the game money. On the flip side if you just implement NFT items into an otherwise normal and well designed game then they won't ever be worth much, because the drop rates won't be low enough or they'll be low demand cosmetics (like TF2). If you then tweak the game towards NFTs then you ebd up with something blatabtly pay to win. Like if WoW not only let you buy max level but also a full set of top tier raid gear. That's grwat for the paying player, but for everyone else working through the game it cheapens the experience and makes the game feel less rewarding. > NFTs allow 3rd parties to build off each other and improve or add quality of life features or straight up custom features affecting offical accounts So will a decent API produced by the developers. This isn't even particularly hard to do, most devs just don't because this is most applicable to MMO type games where they want people logged in because it makes them likely to stick around and play. NFTs are actually more difficult to implement than a public API for things like this. > Gods Unchained You mean the game that wrecked the game part of the whole thing in the last month because they wanted more money? https://np.reddit.com/r/CryptoCurrency/comments/uqxqdm/an_update_to_the_gods_unchained_review_i_posted/

Still_Lobster_8428

>Wait the 80k BTC is gone?! And they just made a shit load of worthless tokens in their place? You don't understand how any of this works.... do you? When UST was crashing and you wanted to sell and exit your UST...... Who exactly do you think was willing to buy a coin in free fall? Would you expect you mom or dad to be on the buy side so that YOU had exit liquidity? What about your LUNA if you wanted to exit during the crash.... WHO TF IS ON THE BUY SIDE OF YOUR SELL ORDER.... During a crash, there is not enough people willing to buy a asset that is loosing value! That's why price keeps crashing as the sell orders search for enough buy order liquidity to fill all the sell orders. To try and stop the crash and hopefully regain peg, the sell orders MUST be filled and price bid back up. That means that the BUY ORDER volume MUST exceed the SELL ORDER volume. That takes someone WILLING to buy LUNA and UST while it's in free fall..... That's where the backing comes in. It gets used to BUY UST and LUNA that everyone is dumping into the market (hence why the assets on the LFG books in the above tweet now show they hold a shitload of UST and LUNA and all the BTC is gone) The BTC was used exactly how it was supposed to be used.... to try and back UST and LUNA!

thomgloams

Cryptography is extremely useful. For a human to use a deterministic machine that normally can be duplicated and therefore create fraudulent information to be able to say "THIS is the real information, and you can verify that my proof is legit, and THAT information is fraudulent" is what this is all about. Consensus. How to achieve it objectively by requiring "skin in the game" and costly to insert fraudulent information into the system. Where it's logical for the network to objectively agree on data and highly illogical (tho not impossible) to attempt to poison it. The use cases are obviously endless. Being able to call data and be confident it is the correct answer to your query whether it's a weather report for a shipping vessel or how many units of value you exchanged with someone else. So, How to cryptocurrencies fit into this high value use case? TF if I know! Crypto as we know it is perfectly useful to prove that you own 4746.475 units of a worthless token. You don't have to trust it, you can verify, without doubt that you own 4746.475 valueless tokens. Therefore, I look to the infrastructure. I know verifiable, trustless and permissionless data is crucial. So how do I get it? How does a company get it? How is it gathered, analyzed, transmitted, shareable? How much time does it take to get this information? How far can this information travel? Do I have to pay for this information? What if the information is private, and only the parties involved need to reach consensus but everyone else specifically must be prevented from that consensus? What if the only consensus required is agreement that the information is random, noise, and especially not chaotic? What if I want to facilitate the reaching of consensus between a doctor and patient and be able to guarantee them both that the information is true but without needing any knowledge of the information itself? Would you pay for any of these things? Would a giant corporate entity pay for these services? YES you would and you will. Crypto as you know it now IS 99% a scam bullshit smash and grab job that is occupying your attention from the fact that we are guinea pigs in the early stages of a new idea in tech that once the kinks are worked out on us (at our decimated financial expense, thank you sir for helping) it will be polished up, purchased and owned by the next Google Amazon Microsoft blockchain companies. And then resold to us bit by bit in countless products and consumer services. So take a break from the misdirection and look at what "crypto" is building the fundamental infrastructure of this future. Don't think about what crypto is just offering you catchy names (analogy incoming) like stuff.com or things.com but think about the infrastructure required to bring those to you - TCP/IP , DNS , WHOIS, ISP, DNSSEC, HTTPS , PORT Mapping etc etc. In 2022 terms and crypto terms - think about a project like Chainlink. The Oracle services they provide to, idk lemme think, EVERYONE is highly highly valuable and the validators have skin in the game and wish to build their stacks to get more rewards for consistent uptime and good data. LINK is EVERYWHERE in countless other projects to provide everything from true RNG to price data from the outside world - on chain and off. With a finite supply of LINK, the value goes up PER LINK but $1 = $1 of value so a business paying LINK validators $1000 maybe today is 100 LINK units but tmrw will take 1000 LINK to equate $1000 as demand rises but supply does not. Now, why has LINK had terrible terrible price action for a year? Why is not worth $100 per token? Why is it extremely undervalued? Why isn't staking up and running for holders yet? I have NO IDEA. That's for smart money to decide. And that's why I chose to take on the risk of investing only money I can lose on the prospect that all signs point to LINK being incredibly useful and valuable and I just don't know the behind the scenes goings on. If I'm wrong, I lose some money I already consider lost. If I'm right, maybe it pays off huge in a year, 5 years, 5 months. I have zero idea. This is one example of about 10 , IMO , high high value cryptocurrency that will rise from the rubble of the scam smash and grab that is 99% of crypto. I allocate reasonably to projects I believe have or will have high value use case but since I know it's speculative, the allocation is relative to other more fundamental investments like hard assets or quality companies. So yes, I think crypto, on the overall, is very useful. As a concept and only in reality implemented in a handful of cryptocurrency ecosystems and tokens. Picking even 1 is anybody guess. It's a damn minefield of crap and rugs and scams. But I 100% believe we'll see soon enough who the next Google and Apple and Microsoft are. I hope I guessed right on at least 1. And if not, hopefully my other investments will absorb the loss. Final word - look at the history of companies, massive household names, going back to the end of WWII . How many of them are around today? How many have disappeared? Nearly all of them. Ask Kodak about that. FAANG will be no different. 1 or 2 will be here in 15 years the rest will be replaced like how Google replaced Netscape and Excite. The new breed is being built right now. Crypto is some part of that. Try your best to choose wisely and limit your risk. Cheers

Still_Lobster_8428

Where TF did you buy LUNA for $0.20! It's literally been trading at $0.0002 for DAYS! It's currently trading at $0.00042 on Binance and it's around the same anywhere it's still trading.

dreampsi

If you knew, WHY TF didn’t you tell the rest of us!!??

royale442

TF!

paypur

Sounds like TF2

Stoopiddogface

Since I'm such a genius I'll tell you, only you... It's gonna be ETH, and it's gonna be bloody...strap TF in bc this is CC and shit goes wild

Still_Lobster_8428

>do you honestly believe coinbase could go bankrupt? Where did I say that I believe Coinbase can go bankrupt? I haven't stated my belief 1 way or the other in my comment above. I was just explaining what COINBASE themselves had written in their submission to the SEC! Coinbase is the 1 STATING that IN THE EVENT of bankruptcy, a bankruptcy court would rule that Coinbase's customers are unsecured creditors. How TF would I know the risk management strategies that coinbase have in place in the backend of their business to then form a belief 1 way or the other? All I can go on are the FACTS I actually have available and those facts are: Coinbase STATING that in the event they enter bankruptcy, customer funds are NOT segregated and customers are unsecured creditors. If Coinbase never enter bankruptcy, no impact to customers. If Coinbase DOES ever enter bankruptcy, there is a RISK customers assets will be used to pay Coinbases debt obligations.

Dymmesdale

Just sit back and watch the train wreck, assuming you already got TF out of your Luna position

GotHeem16

Who TF is investing most of their money in a “stable” coin or any coin for that matter? If u did you get what you deserve.

Ok_Aerie3546

Yep. My point being if only 1-2 percent of the population holds bitcoin, who TF cares if Gucci is accepting bitcoin. Most important thing that needs to increase is just the number of people holding it, no matter the amount.

AvatarOfMomus

I'm not sure what you're hoping to get out of these games but I don't think you're ever going to get it. There have actually been 'play to earn' games around for 20 years and the thing they've consistently shown is that a good game to play isn't really compatible with 'play to earn' design. If you just throw 'play to earn' and NFTs on top of a normal game then nothing is worth much. Just look at TF2 hats or the cost of WoW gold on 3rd party seller sites. No one earns much from those games unless they're either running an army of bots or they live somewhere with incredibly low average wages. If you design for play 2 earn then some stuff is worth a lot, but for the average player the game becomes an unholy grind fest to get anything better than basic equipment, since scarcity drives price and outside of a small percentage if whales people are only willing to spend small amounts of money per hour of grind skipped. This guy's video on crypto MMOs from the perspective of an MMO fan breaks down some of the other issues: https://youtu.be/3Lm6qtzMvTU

Alt-Season

what happens when UST breaks below 0.92 and TF has no more BTC to keep it pegged?

Conscious-Proof-8309

Why TF does it say "SV" in your title. Take this sh\*t down. u/mods

kochikills

"what doesn't kill you makes you stronger" who TF am i kidding this is bullshit

Still_Lobster_8428

>But I already explained to you why people don't care right now and why there is little demand. Little demand is overcome by HIGH returns in a HIGH risk environment! It only needs little demand then to GROW and grow into requiring regulation and then the masses flood in! >People clearly care about having real ownership over high returns so maybe you should just wait until enough people are interested no? Why would I wait..... My risk appetite is HIGH so I'm willing to invest in high risk areas. Seems your risk appetite is low and you want to wait until it's fully regulated (which is fine as well). We are 2 differant people with different risk profiles. >So I don't see why you are trying to convince my otherwise. I'm not trying to convince you of anything.... we are having a discussion and it's good that we disagree with each other.... If fact, that's the type of discussion I MOST enjoy! Why TF would I want to talk into a echo chamber, I don't learn or test my own ideas by talking to people that just agree with me! >As it stands today, ownership cannot be transferred via a NFT and this is clearly a problem for investors and is what hampers interest in NFT property. Everything has to start somewhere..... And THIS is the infancy of NFT property ownership (last I checked, only 1 single house had been sold) so it literally can't be in its infancy anymore! Give it 10yrs and we will be well on the way to property title ownership via a NFT system and the associated reglatory framework and you can remember back to this discussion.

piperinum

Why TF is this surprising to anyone is astounding at this point. It's related to the continued disbelief that the US stock market would never tank. Disbelief of traditional and crypto drone speculators. So you were actually invested in THAT not some BS altcoins. And it will continue to tank until this period of Stagflation resolves.

DPSK7878

Jade from 10% to 0%. What TF were they thinking? That's really a drastic change. Obviously, they didn't make a thorough and well thought out decision. At least now it is better. I will just brave on.

_FryBo_

Could go up could go down who TF knows

hemzer

Who TF is selling ... I am just curious..!!

Excited11111

TF? Quality meme take over made, created a whole new culture of artists and investors. Have you actually looked at Tweelon Doge memes?

Dogekaliber

Wtf did You just say?? INFLATION LASTS FOREVER. TF outta here! Go look up the inflation charts from USA from the last 150 years.

souravkumar4433

Who TF asked

suninabox

>Your "friends were going to build new rigs" just to experience GameStop's NFT marketplace? GTFO. > Your friends were thinking about buying new PCs to game again. Bold of you to assume there are actually any friends. >The NFT marketplace accomplishes exactly nothing that a centralized database ran by the actual game publisher couldn't accomplish more efficiently. Yup, NFT "game assets" make no sense. No blockchain is actually lean enough to store 3D models, textures, and animation. All the NFT is a record saying "user21414 owns hat341". you're still 100% dependent on the developer to implement them in the game and honor that that record actually gives your in game account access to that asset. If they stop supporting that asset/game your NFT is now useless. Only difference is its way more expensive to do it by NFT because the database that valve uses to remember "steamuser24141 owns hat214214 in TF2", doesn't cost 100 million dollars to upload one GB of data to.

suninabox

It's not an issue of technical feasibility, but of financial incentive. Sure, TF2 could team up with Fortnight so that you could wear your TF2 hats in fortnight, but that would mean having to work to put all those assets in game, and why would they do that when they're competing companies? Valve has already done cross-over skins in games (Portal skins that 'work' in TF2 etc). The database part is the absolute least interesting or difficult part of it. All a NFT "skin" is doing is literally being an entry on a database saying "user2141 owns hat24124". All the rest of the work of actually coding that in the game is exactly the same, no different than Steam's private database that says "steamuser212431 owns hat124124". Except steam's private database doesn't cost 100 million dollars to upload 1gb of data.

AvatarOfMomus

Never gonna happen, at least not how you're probably thinking. The problem with 'pay to earn' is that the value from the game is never going to be significant and the design choices you have to make in order for the farmed assets to have any value preclude a good experience. This is why bot farming has almost completely replaced the old school 'gold farmers' in every actually popular game. The only way for someone to make any money at it is for one person to be running dozens of bots, even in low income countries. This actually ends up even worse than the likes of 'pay to win' mobile games because in those games there's generally no item trading, but in 'play to earn' titles item trading is a requirement, so you get eventual dilution of the item pool. This means the devs either need steady power creep to invalidate old items or they need abysmally low drop rates to enforce scarcity, and probably a combination of the two. This means it's effectively impossible to have a game that's both fun for a non-whale player and which 'pays' enough for the 'play to earn' title to feel relevant. Case and point, TF2. You can sell the drops you get playing TF2 and it's a widely regarded game with a solid playerbase years later, but no one is earning enough from it for anyone to view it as 'play to earn'.

vegetablewizard

The real question is how TF does one get OUT of RH once you are in? No wallet access means I have no choice but to sell and buy somewhere else and hope I can time it just right to keep the same average cost...

StinkyPotato69

Some turd commented thanks for the liquidity.. who TF does that? I sold my short at 15cents and started long at 20x 15cents.

thatgoodfeelin

or they wont, maybe it would somewhat verify their celebrity. "WHO TF GIVES THESE PEOPLE MONEY!?" we would see who does i suppose.

ShabbySuburb

I opened a long BTC position on wowswap with 3x leverage on this local correction, on the daily TF we are in an upward channel and I believe in the rebound and the subsequent growth

evDev84

Paying people to play your game seems like a Band-Aid solution to your game being boring. If I got paid in crypto to play things like Cyberpunk, Battlefield, or even TF2, that's be swell. Instead it's insanely boring wastes of time, so the game developers tried to spice things up and make it not a TOTAL waste of time. It's all lame bullshit.

Krita85

A few of my friends still joke about the TF2 beta that wasnt all cartoonish.......HL3 kinda just makes everyone sad.

Still_Lobster_8428

How TF are they lying? They LITERALLY have a page for Law Enforcement WORLD WIDE to use to submit official, lawful requests for infomation about CEX customers that are in the law enforcements jurisdiction! There is a huge difference between Putin calling up CZ and saying, listen buddy, do me a solid and send over X, y, z data..... That would be unlawful! But if the FSB (which is an official Russian government agency) makes a lawful application for data using Russian law, Binance is LEGALLY compelled to comply with that lawful request in so far as it applies to RUSSIAN citizens..... That would be a LAWFUL request! Just as Binance hands over infomation to the CIA/FBI/SEC when they make LAWFUL requests about US citizens customer data under US law! Literally EVERY SINGLE CEX does this! What TF do you think KYC is all about? Kraken CEO at least comes right out in public and openly tells people they WILL comply with any nations LAWFUL request for data as recently happened in Canada. Grow up OP, if your going to run this sort of infomation and make out like your doing it to "help" us all, at least don't be bias and expose that EVERY DINGLE CEX does this! It's not like it's a secret, every CEX explains this in their documentation, every CEX has submission pages for law enforcement globally to access relevant customer data that falls within their jurisdiction! Binance hasn't done anything illigel or even morally reprehensible here.... Just complied with LAWFUL requests as they are compelled to do when their customer resides in that jurisdiction!

nanaymonaenae

We own a variety store, like a bodega, so Inflation is a part of my daily life. Prices go up every year, and we are also forced to adjust our prices. ​ What irks me are customers that like to complain to us about the high prices. Like TF we gon do? Give products away for free? Go blame those damn politicians, we're just store owners trying to stay afloat.

Still_Lobster_8428

>In this response, Binance is not denying having shared user data with the Russian government. It’s actually telling us it routinely shares user data with many governments all over that world. YES, exactly! What TF do people think KYC is actually for..... Governments have FORCES Binance (and all CEX's for that matter) to KYC their customers. That is 100% so that GOVERNMENTS can then request data on individuals that government is interested in. So, under the laws that that government writes, they make a LAWFUL request to the CEX to provide infomation about customers in that Governments jurisdiction.... And the CEX MUST comply with any LAWFUL request! The problem here is not the CEX, the problem here is the GOVERNMENT in power that can write laws that benifit itself and give it legal cover to then compel data to be handed over! This post is attempting to conflate moral and legal as a responsability that a CEX has..... A CEX has a LEGAL obligation to operate within the LEGAL framework of each countries government and each countries laws! That at times may seem morally abhorrent to us.... But the problem here is the GOVERNMENT and what they do with the data the CEX LEGALLY had to hand over under that countries laws!

nicky_thermos_dick

This gets me hot. My wife had a financial advisor (female) who told her no investing except 401k until she had 6-8 months saved in a bank account. I called it shit advice as it was—wife called me sexist not wanting women managing $$. Well that was 2016–S&P 500 up double since then, Bitcoin 20x since then. I’m a stay-at-home but i now outearn my doctor wife (at least last year, maybe an exception but i think in a few years it will be annually until i’m filthy rich). Was just on linked in yesterday following a crypto lady, and comments were filled with these investment managers bashing bitcoin/crypto. I love gold too—i sold 3oz in the spring 2020 crash to buy a bitcoin, that bitcoin is worth 20+ oz of gold now of which i locked in 15oz of gains. What TF idiots are *paying* these idiots to manage their money? Believe me i always am wondering “what if i’m wrong” so im diversified into cash, gold, etc, these guys are gonna be so stubborn in their beliefs and cost their clients so much in opportunity cost. I know im bitter, rich, but just annoyed how much criticism i’ve gotten with my investment strategy, from people who dont have money. **golden** /rant

Vegetable_Minimum483

Their point about TF2 being limited is so general and not really addressing my point which is that TF2 has a functional item system. And then hitting me with some classic what aboutism when it comes to the labor laws and practices of the gaming industry to try and distract from my point which is that NFT in games have very little utility for the average player.

Fragmented_Logik

I do? You should too. And TF2 is limited. That's the point you're completely missing. But reading that you want developers to work for minimum and release gems like Witcher 3 with 0 incentive outside of game sales. Gamers are the worst type of people. Work 60 hours and make a great gane with 0 bugs and no extra money outside of the price tag! Then when you release cyberpunk I'll turn 180 on you because my 60$ I'd worth tons!

Vegetable_Minimum483

Why should I want that? I would much rather just buy my game and not have to purchase skins and collectables at all let alone buying into some NFT space. I buy games to play them not to enter into some sort of digital goods based market place. NFT games should be built around ideas that benefit from them not just rammed into every fps as stat trackers that have a previous owners list. Team fortress 2 has a better item system than all of these NFT games put together and managed to do it with out needing web3. Now obviously your hats from TF2 are very good legal tender, but do you really want them to be?????

Still_Lobster_8428

>(they must have also phished the metamask password somewhere?). What about 2FA Authentication..... How TF did they get that code? It changes every 60secs! Or did he not have 2FA enabled?

justanothermofo88

Call it what it is, a legal mafia ran by mofos who can do whatever TF they want, when they want, and how they want...And we are supposed to say thank you, may I have another?

Success-Relative

Foh, you're happy supporting why people are in the first place! Who TF you think pages for the free money? Tax payers loser!

Dameny001

And they even want the transaction history and all the trades you made in 3-4 years. How TF do you even track all that, considering I've used more than 8 different exchanges and so many defi websites.

Stoopiddogface

Or access... Fiat/Banks are so goddam frustrating now. I send my money from A to B, The transaction completes, but I still have to wait 5 days for the funds to clear. If I cross a boarder I pay extra for my money because (shrug). Meanwhile, in cc, I can send my money wherever TF I want, and have it there in lightspeed.

Rebel_Trouble

I saw the original video. The crab tried to steal a dooby birds eggs which ends up with him being smacked around by said bird, which results in an injured arm the crab didn’t want anymore. Source : [Crab getting beat up by bird](https://m.youtube.com/watch?v=v241TF-cSzU)

Zantti

Yes finally, I always tell my pre-sale buyers to chill TF out when I rug them but they don't seem to understand...

caffeinatedPVCs

this is NOT advertising, so all you people chill TF out with what I am about to say. I am NOT an influencer or paid by Unusual Whales. I recently jumped on board with their membership and explored the living hell out of the available features. The Congress tracking shit they have is fucking phenomenal. I'm just saying, dentures Pelosi makes $$$ off shit that she would not condone a Republican doing.

ViktorFB

Both scenarios are bad in different ways. The 2% is the casino and the roulette. Although I think they would rather sell multiple items instead of getting a 2% commission on all future sales of a single item. Developers also create digital scarcity to make the games fun to play through random reward mechanics. Not profitable for the player. Cash cow for the developer. CS:GO and TF2 are closed economies, where you cannot extract the value from Steam. Unless you use third party sites to trade with other players.

Fragmented_Logik

Devs would actually benefit from it because NFTs have a creator tax. Call of Duty as an example could set it to where they get 2% kickback each time a NFT is traded/sold. Which as we've seen with CSGO/TF2 can get into the 100s of thousands. Vs a one time buy to buy the skin in the current system. Devs against it don't understand how nfts work.

Konkichi21

Amen. Right now, NFTs seem to be either people scamming each other with overpriced generated ugly JPEGs, or reimplementing things that have been done better and earlier with other teach (in particular, for video games, CS:GO, TF2 and Steam have let people sell game items to each other long before NFTs were a thing). Maybe there is a use case for them, but I haven't seen it yet.

StefanStandUp

Because I took the rysk. Lol. This worked out fine because of luck. Im not a day trader, successfuly at least. U don't get 100% loss coverage and 100% of the gains. TF world u live in bro? I bet ur the type that says the words "corporate greed" once a day at least...

Ramsey0321

Where TF do I hold LRC without kyc? I have Coinbase but don’t wanna go through another kyc process so should I just stick with that or?

summonsterism

further into your research? Is that three whole days? I'm surprised that you haven't gleaned even a semblance of the answers to your own questions if you have researched, and / or read so much that you've *fallen in love* with it. A degree? TF. Honest: did you find out about it yesterday?

suninabox

If I sell TF2 hats and buy a big mac with the money is McDonalds accepting payment in TF2 hats? Funny how far we done fell from actually using a P2P decentralized currency. A centralized 3rd party, selling your crypto to another centralized 3rd party, to transfer fiat via another centralized 3rd party, is using Bitcoin. Genius.

BitcoinPleb

Also, great to see the "industry leader" (Who TF they think they are?) having no idea how Bitcoin works.

PopeyesGreenSpinach

That fuckin Muppet just made a couple rambling suppositions how TF she still have a job

ishr99

What's the point?? Indian Government is making it difficult to use decentralised currency. You pay tax on your gains, but your loss is your problem. TF?

Still_Lobster_8428

FFS, wake TF up people! This has NOTHING to do with crypto itself; it's the capturing of the power that crypto represents! Look at all the criminality based in the City of London and the tenticals that extend throughout the global financial system from there. They are rolling out CBDC's to CAPTURE the crypto space and everything that has been built so far... It will be subtle, and most people won't grasp the bait and switch even after it happens! But mark my words, THIS is the play of the status quo to capture and control this new financial system, and they are experts at this sort of underhanded shit! For DECADES, populations globally have pushed back hard of a DIGITAL FIAT system.... And here we are now with fuckin MUPPETS welcoming governments move into CBDC's like it's some win for crypto! Everything this space has stood for is being sold down the river.... This is not the change we envisioned in this space; it's just the status quo getting a fuckin facelift and brought into the digital age! How are so many people blind to this!

CodeDJ

If we can get rid of fees, yea sure. Maybe someone can use the decentralised ledger. But ATM, everything you described is already a thing, just not decentralised. Benefits doesnt outweight the costs for the companys who can buy servers. Smaller companies, yea sure. gonvernments? Too many transactions on the chain to make it worthwhile. Big companies will have to be running 2 seperate systems since there will never be 100% adoption to somehting that is no different to the end user. Steam Inventory, like CSGO or TF2. We "own" the assets and can sell them. They just need to expand it so it can be used elsewhere. Dont need blockchain for that. My main point is, we don't need all this to be NFTs. Companies wont work together, Every company will just run their own blockchain, so it will just be like the real world. So many records to keep. It's useful for someone small who wants their digital assest in an open marketplace without investing in much.

xavierwest888

​ 

GuyFromTheNextDoor

Anybody else has problem with binance? It started to ask from me Source of Wealth otherwise im not able to do anything. TF??

scmdvr

And the funny thing is when you look at the chart and you think that who TF will not sell at this point.

virus5877

honestly, while I kinda like Warren overall, I wish she would get her nose TF outta crypto. She's a legal genius, there's plenty of legal battles she can be much better utilized fighting.

The_Nofell

DAILY About 200/50/13/5 ema (13/5) if we close today positive Lower TF 4h/1h Looking bit more bad, after V shape recovery we didn’t get any more up movement any HH shown in 1h if we don’t consider wicks, and it’s seems like they favour lower prices and just building more short at top. On the other hand many alts seems strong 💪

qqwe22

TF2 is actually why we have all of those microtransaction crap, I still love that game tho.

nestro7007

Who TF knows dude? It's the crypto market. Anything can happen.

AutoModerator

Post is by: Whom_TF and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoCurrency/comments/ttf5cs/midasinvestments_offers_20_apy_on_stablecoins/ Long story short, banks are crap. I'm tired of leaving the money to die there, losing it due to the APY not even cutting the inflation rates and paying "maintenence" fees (lol). Luckily, I live in a crypto fiscal paradise (zero taxes ftw), so investing it in a stablecoin and lend it in an earning program is kind of a no brainer. That being said, after investigating some options I came across midas.investments, which offers *20% APY* on the usual stable gang (USDT, BUSD, USDC). Does anybody have experience with it? I'm feeling on the fence from a safety stand point because the platform doesn't offer any insurance, you need to transfer your own crypto in order to stake it (you can't just buy it through them), you can't create an account (you're only able to log in through Gmail or discord) and they have been around only since 2018. Is midas a bad option? Should I just stake BUSD in Binance for a 10% APY? Or are there better options? Bear in mind that I won't trade safety for 1 or 2 more percent. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*

Embarrassed_Cow_5255

First Impression ; Run TF away.

dljurek

Yeah who TF will want to shop online. --mall owner.

bigshooTer39

Fuck Coinbase. I got mine in Crypto.com. Why TF would you stake w someone that will take 25% of your earnings. That’s a huge piece they take

DesignerAccount

>Even Vitalik Who TF cares about what VB has to say? He's a fucking scammer and should be denounced as such at every opportunity. The reason crypto is such a scam is, in large part due to him. Rotting in jail for the rest of his life would not be enough.

ChemicalGreek


Still_Lobster_8428

TIME/wMEMO..... Where TF do you start....

suninabox

>Like an event ticket that you can sell directly to someone else without going through ticket masters cancerous 2nd hand retail sites You can already do that with regular tickets. >Like a car log book that insurance fraudsters can't ever edit or forge to make a car that has been written off look like it never was What stops people uploading false car logs? It's a permissionless database right? >Or as Gamestop plan, a marketplace for gaming items. Think dota, rocket league, overwatch, a hub to buy and sell skins and weapons and wheels All those things require a centralized authority, the game developers, to agree to acknowledge and support those NFTs as entitling you to a certain skin or weapon in game, so what would you need the NFT for? You can already buy and sell TF2 hats, no NFT needed. >Or games themselves. Tired of a game? Sell it on there. Like you would a 2nd hand physical game, only now, digital. If I wanted an unauthorized copy of a game why wouldn't I just pirate it? If you're talking about authorized copies then this can already be done without NFTs, so why would you want to introduce an unnecessary layer of middlemen?

Creative_Document199

valve did this 20 years ago with hats in TF2

therevoltec

Who TF cares about the alts here? No one cares about them.

adichandra

It’s crabbing in the daily TF. Calm your tits bro, it looks like it’s about to fall.

Dig_Bick_reread

TF did he click on???

stormi_13

This post confused TF out of me. I was like why are we talking about children adoption on a crypto forum. Then the penny dropped. Wow. 😳

Lazy_Arugula

Metaverse will be the need of everyone to have office work, shopping, hang out, that's what big companies understand, and started working on it if companies like Microsoft, Facebook are serious about it then we need to be serious also already big brands are started adopting it. check out how the office will be in metaverse https://www.youtube.com/watch?v=TF6XP\_qvZiM

Fuzzy_Growth_5240

It must have been really hard for you. Getting the job but cant keep the job. I must say that I admire your personality for walking away from the start-up that was basically faking everything. I have been into crypto-world since 2017 and I was able to save a few bucks by blogging from different social media platforms and now I am with Telos as one of their ambassadors. I basically just research, does community related stuff, write blogs, explore Dapps within Telos’ ecosystem, and shares everything to the world. If you could have been with us, it would have been a lot better. Which led me to my next point, visit telos.net and one of the drop down menus on the homepage is this - https://loom.ly/gR3M0sI - Telos Foundation’s hiring page. You could be a valuable asset to TF coz I see a good character from just reading this post. Also, I like your advice to stick with well-known companies. I just like to add that all of us needs to DYOR. There are actually hidden gems out there. And I sincerely hope, you’d be able to find an ecosystem you can stick with. Good luck and thank you for sharing your story.

Extension_Mousse_123

How TF is listed on Coinbase ?? I mean it is described under experimental asset. This is insane ?? How about listing good project HBAR VET????

arcalus

Time to figure out who TF nuvei is, apparently.

veggii2024

I ain't filing shit anymore bruh TF they ganna do with 100k in taxes when they can't print trillions out of thin air lol

ieatyourmomass

HOW TF YOU GUYS r/CC EVEN CALL THIS A PUMP LMAO THE COPIUM IS INSANE

i_reddit_at_reddit

NFTs are just crypto for dumb celebs and idiot retail buyers. Legit use of NFT needs to hurry TF up man, the whole jpg thing is just dumb money

OT_Trader

Atleast I don't, why TF he's spamming that here tho?

CryptoCrumbSniffer

Why TF would anyone sell when it's only a few percent down?