Let's address a few things here: 1)USD aka fiat isn't accepted on all exchanges. Why? How do you do settlements in real time globally with USD which takes at best hours to clear via TradFi when stables will do the job in a few block confirmations? Yeah, you are uneducated. At least you realize that. Yes, there's a lot of research. If you are too stupid, too ignorant or don't have the technical chops you won't realize these gains. Does not take away from the fact one can make great returns/an actual living in this current market. 2)This is a basic tenet. Not all exchanges want/will hold USD/fiat. The fact that you didn't know that but still opine here on crypto like you know things on crypto even after your own admission that you are uneducated is ridiculous. Google Dunning Kruger, that's you. Lastly: 3)Check if you are an adult the next time you have a meltdown and complain to @Baron and @Magna because you can't handle my post and get it removed because my post speaks the truth.
What I suspect this is, is a trial run. If it goes badly, WMT will just bow out with minimal repercussions because LTC isn't in the spotlight. If not, other cryptos will be onboarded and that should lead to price gains.
You kept calling me a gay bear. Do you know my sexual orientation? Is this the truth you are talking about? Adults don't need to through insults like this. Firstly, and lastly, you have replied to me almost a dozen times and I have never cared to interact with you. Why you keep wasting your time on me makes you look like the uneducated one. Have fun reading more of my posts!
Here is a clever format for an ethical guru influencer, that ones that want to make money off their followers based on their 'wisdom'. This model would work especially well for a newsletter type of guru: Influencer issues an NFT (say 1000 units), and deposits a lot of ETH in a smart contract (lets say 500 ETH, this amount needs to be much bigger than the proceeds from the NFT sale), that ETH is timelocked. If 2 years have passed and the owners of the NFT feel like they did not get the value creation of owning the NFT they were promised, they can vote with a 2/3 majority to redeem the ETH back. So not only will the influencer lose the proceeds from the NFT sale, he will lose money overall. The source code could be verified to make sure all the restrictions are in place Way to go to align incentives. This is a bit of a crude method, im sure improvements can be made (perhaps that ETH can be put into DeFi as to earn a return instead of just sitting on the smart contract, the smart contract would handle that), also, perhaps the stake cant be too big as not to incentivize abuse but there are a lot of interesting things that can be done with smart contracts
So many wisdom gurus have photos of lamborghinis, vacations to caribbean islands, etc, etc. Well, if they are so rich and so wise, why dont they put their cash on the line? Why not risk even more than they are asking? If they are just trying to 'give it back', then they should risk their neck. I would invest on someone doing that regardless of whether I knew them or not. Just the fact that they did it would tell me everything I need to know. Instead, what I'm seeing right now is influencers money grabbing their followers with NFT sales and not even giving out their real name. Its sickening
Raoul Pal is starting to buy more NFTs, I think he wont stop and he should launch the Real Vision token or NFT at some point in the next 12 months (although, it might be 24 months, but it shouldn't be more than that). So I just subscribed for Real Vision because almost surely he will give priority to subscribers for minting or airdropping the tokens. The profit from the token should cover the price of a subscription many times over
The first big miss of my NFT career: Fragments of an Infinite Field https://rarity.guide/project/159 The first samples that I saw from this work (before it was released) blew me away and I thought people would go nuts for it. Unfortunately, I run into a good opportunity Saturday and had to deploy my Ether there. But I was very impressed with this work and even exchanged messages with the artist on instagram as she shares my nationality. Heck, I even told her I would do anything to get my hands on her work but I didnt try hard enough. I had some fiat in crypto exchanges that I promised not to convert into Ether and buy NFTs with it, because NFTs have a way of sucking you in and I already invested way more than I thought I would. But I should have done anyway. My first impression was the correct impression, people are going nuts over it and its trading already at a 7x gain from the bottom mint price (it was a dutch auction) I will probably never get the opportunity to invest in this at a reasonable price ever again (MAYBE in the bottom of the next bear market). It will probably be in the top 5 or maybe even top 3 of Generative art work so far, and its the first time someone did gen work that is so visually pleasing that it has now reached "fomo escape velocity", as crypto gets bigger, more and more people will want one of these. It sucks that I missed, but I was in a tough situation because I'm still learning how to judge generative art and I had promised myself not to buy more ether to buy more NFTs I really wish I did, gen art is the ultimate NFT monopoly, there is no roadmaps, future plans, risk execution, etc. Its just great art and an historical item at the same time. I better step up my game and stop fucking it up if I want to hit a big one
One thing that I'm learning about art/collectibles is that cheap things are a trap. Buy quality, more expensive quality stuff tend to do much better than cheap stuff. Cheap stuff is cheap because its not that great and wont do great in terms of returns or enjoyment of ownership. High quality assets are expensive, and they are the ones that tends to do well long-term.
Random thoughts: In real time as a technology gets adopted "hype" and network effects look exactly the same, in most instances Idiotic contrarian commentators do not realize this