Quote from: goldkingcoiner on October 02, 2024, 03:46:27 PM

Quote from: Fivestar4everMVP on October 02, 2024, 03:34:03 PM

Quote from: goldkingcoiner on September 30, 2024, 07:11:44 PM

Quote from: pakhitheboss on April 06, 2024, 01:31:25 PM

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?

That seems unnecessary as you could just invest in any NFT/meme coin. There are also many coin derivatives that you can short/long.

Personally, I do not think that gambling on the failure/success is going to work. Seems too riggable.

Well, I believe you are right, but on that basis that gambling on the success or failure of a cryptocurrency is too riggable.
Well, the thing is, gambling on that success or failure of a cryptocurrency is actually very riggable, but op wasn't talking about gambling on cryptocurrencies, what he said was gambling on crypto narratives. Crypto narrative is quite different when we talk about individual cryptocurrencies.

A narrative is like a collection of cryptocurrencies, or crypto project under the same niche or idea, this is not riggable as a narrative doesn't usually involve one or two cryptocurrencies or project, but usually involved tens to hundreds, even thousands of cryptocurrencies or projects depending on how popular and successful the narrative become.

But all the same, I do not think this is feasible for casino, or even convinient enough for gamblers, specially those who hate to wait a long time to see if they won a game or not.

Well in that case, you are right. But we would need a lot of "participating parties" who are not involved or dealing with each other. The more parties, the more decentralized the narrative, the less riggable it becomes.

But I do not believe unriggable narratives exist. Just ask Iraq.

Iraq? What happened to it? I am curious about the narrative you used for them, I don't think it's the country with the worst antecedents.

Also, I suppose many do not know the meaning of the market narrative in the OP, it's already happening in the gambling industry but I do not want to mention the casinos operating them now. If it were to be the sane way, it can never be rigged because the proof will all be there for everyone to see even as the casino must state the platform it is using to get its pricing for fairness' sake. But what is currently happening with the casinos I know is a different thing entirely, such can be easily rigged.