I’m trying to beat this stagnant market in some way, I don’t care about it being long run too, I’ve done some research on what could be the killer app of blockchains, a lot people think it’s none other than - Gambling.
And... I do agree but I think it’s a bit dangerous in terms of the legal ramifications that could come from that ( if you know the US RICO act is, it basically means that if you are labeled a part of a criminal organization, you could be blamed for things other members of the “organization” did), so gambling apps are out of the question for me.
That leaves me with the other killer app I see for smart contracts right now, which are the Crypto art/collectibles market, the American baseball league, MLB, has already moved on this and created a site for Ethereum based collectibles of baseball player which is only part of the reasons why I think has a bright future, so the thing is, how do I go about investing in this market? What are the things I need to know? How much money can I make on those collectibles?
As with all investments I understand Risk & Chance - I know that NOBODY can promise me that this or that project will survive or even better - Thrive!
LOL! Crypto Choos' will definitely Rule! try getting some collab between Satoshi Tajiri (Creator of Pokemon Franchise) and Satoshi Nakamoto for a new crypto project xD
I didn't even know his name was Satoshi as-well, maybe we found the real Nakamoto - didn't went too far for an Alias?
These are bold and alluring, friend.
Ain't we all? ^_^
the MLB thing looks like a good start, if regular collections are anything to go by, they are going to do pretty well, but it's probably going to take some time before it does
wish they made a collectible for MMA fighters too, that could be so cool
floyd sponsered some coin in the past, so this can still happen,
lol, haven't you heard? floyd is being investigated for it now, apperently it's a scam https://www.independent.co.uk/life-style/gadgets-and-tech/news/floyd-mayweather-dj-khaled-cryptocurrency-ico-scam-bitcoin-centra-tech-sec-a8595971.html?amp&utm_source=reddit.com
this is pretty surprising actually, why would people who are already rich get into this kind of mess, gets me every time how that happens to the best of them
there is going to be a collectible for anything when the time is right and the market is ready, nothing to worry about..
imagine how big it can get when the japs get in to it in a big way, one pokemon-style show makes these and the space could be set for years to come
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never thought about hodlers of betting-related coins being charged under RICO, I think this is a huge stretch, never going to happen
stranger things have happenedd before, but this is really twilight zone shit right here
taxes are already here, this is only a logical next step
the shitcoin apocalypse will be upon us soon, this will bring many for the hurt "investors" back to a final round of trying to get themselves out of the hole, it's going to be fun to watch if you
exactly the reason you should go in to what makes the most sense in crypto rn, which is collectibles or even other related projects
I think marketplaces could be what does it, you can never tell what is going to hapen for individual collectibles, if you believe in the space in general take a look at portion.io, solid concept, token usecase and partnerships
speculations are going to get burned, the liquidy for them dried up with all the stupid money
sounds about right to me, unless you think we are up for more price losses, you should be putting more into actual projects with real usecases
it's a long hodl,but it's gonna be worth it, the future always takes time to arrive
I don't know who in here is left for the long run, but this is where it's at
a lot of uncertainty, the meme triangle on bitcoin hasn't came to be yet, resistance is seems to be holding the price at the 6k mark, everything is dependant on how bitcoin trades with the whole bakkt thing
I'm pretty scared of the meme triangle tbqh, I'm preparing for the worst, a 1-2 year bear market.
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