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Showing 20 of 89 results by Spinning99
Post
Topic
Board Speculation (Altcoins)
Re: Will meme coins DOGE, SHIBA, PEPE still exist in 2030?
by
Spinning99
on 20/08/2025, 20:28:27 UTC
Dogecoin is the second cryptocurrency based on POW, it does not seem to be the most destined to disappear
To be honest I am surprised that stuff like Dogecoin has not been hacked by now, because such altcoins are based on very outdated versions of older altcoins or Bitcoin itself. They are often many years behind in updates and failed to integrate many security patches.

2030 is just 5 years away, so odds are the coins mentioned by the OP will still be around with us. But I can't say the same for the next 10-20 years. Crypto land evolves fast, so anything can happen by then. Just "stick" to diversifying your investment, and there should be nothing to worry about.
The farther away the point in history, the fewer predictions you should make. You are more likely to be wrong on your 10-20 years predictions.
Post
Topic
Board Gambling discussion
Re: Mindset of getting rich through gambling
by
Spinning99
on 11/08/2025, 19:10:13 UTC
Many persons have been gambling for more than 10 years without seeing more gain that their have lost in the past years.
I have a friend who has vowed that he must get rich through this gambling which propels him to be staking everyday a day will not pass that he will not show me a coupon and i have been very worried about this so i dont know if i should tell him to stop dreaming of acquiring a big house a nice car good clothes with gamble money.
This is the mindset of a loser, the one who has accomplished little or nothing in their lives. This is the kind of thinking that only stupid or desperate people engage in to. If you have even just a few working brain cells, you would know that there are many smarter people in the world who have not managed to defeat the gambling system to get rich. Of course you won't defeat it either. Only if mother Luck provides for him could he score, but other than that there is no chance.

Post
Topic
Board Altcoin Discussion
Re: More Bullish more profits for everyone
by
Spinning99
on 11/08/2025, 19:04:20 UTC
The likes of USDT, USDC, and even GHO increased in volume, meaning people are converting profits there and starting to hold for another profit entirely. Oh, you are surprised? Don't tell me you haven't heard about the old strategy of holding stablecoins and making a profit; for example, holding $GHO on spot only can get someone the opportunity to get a share of 300k of it, as you'll be rewarded daily with up to 15% APR.
The same thing applies to other stablecoins if you do enough research. So, as we're taking profit, let's put them to good use. Once again, happy Monday!
I don't know for GHO in specific, but these campaigns are often scammy for me. If a campaign lasts 2 weeks and gives 15% APR, it is shit. You should tell the users how much they are exactly getting. In the example that I give you would only get 0.5% return.

Quote
GHO is a decentralized, overcollateralized stablecoin backed by assets in Aave. It can be minted by supplying collateral in Aave while earning interest on the collateral.
This is what CoinGecko says, AAVE is good but I don't know what to say about something called GHO. lol It is officially created by AAVE?
Post
Topic
Board Economics
Re: High Pay, High Taxes or Low Pay, Low Taxes?
by
Spinning99
on 11/08/2025, 18:59:58 UTC
Of course, I would choose a high salary even if the tax deductions were also high. Simply put, the net income after high taxes is still much greater than that of someone earning a low salary with low taxes. So it’s no surprise that the wealthy can always live in luxury, and sometimes even live for free thanks to investment gains. At first glance the two may seem similar.
You didn't fully read the topic then. The place where you get a high salary also has very high living expenses, because of that you may be worse off than in the other place with low pay and low taxes.

Maybe there are differences between the brackets? Like the marginal tax rate, where you pay based on your dollar income? Additionally, checking the effective tax rate that you have would give you an idea of how much you are really paying in taxes.

This would vary per country, but the majority of you can take some deductions in some way if you avoid being in the rich bracket or something.
Yes, but that is just one part of the equation. More important is to compare countries or states that for equal incomes have much different taxes. Brackets are not relevant for that comparison. You should go to where the taxes are lower in most cases.
Post
Topic
Board Altcoin Discussion
Re: Are airdrops killing the value of new projects?
by
Spinning99
on 11/08/2025, 18:53:17 UTC
They are, but to know why that is you must understand what has changed. Back in the golden days of airdrops, most people that were getting them or claiming them were already active crypto users. They got rewarded by luck as they were already participating in something, or they did extra activities to gather more crypto. In this time organized farming did exist but it was very small. As crypto became more mainstream, parasitic individuals came to the idea that farming airdrops is a job.

Now you have massive organized groups that farm airdrops all day long. They do not care even 1 percent about the project in which they are participating in. They do not care about the things they are writing about, whether it is true or not it does not matter to them. All that matters is getting the airdrop with the least amount of effort and selling them later.

Sort of. There is a balance, airdrops means marketing, so if the project gets more marketing than the tokens they distribute, then it will do fine, if it gets less then it will do badly. So let's assume that you distribute 10k tokens, and you.
It does not work well anymore, trust me. You won't even retain 0.01% of airdrop participants in your project, even if it is a really good project. Average projects stand no chance. This is the negative effect of letting organized farming exist.
Post
Topic
Board Bitcoin Discussion
Re: Willy Woo: Bitcoin Is 'Perfect Asset for the next 1000 years
by
Spinning99
on 11/08/2025, 18:42:40 UTC
Fact is bitcoin adoption by state comes with regulations, which means a lose of privacy and freedom for bitcoin holder's due to centralized presence, well there is no way state will adopt bitcoin without regulations.
How? The state adopting Bitcoin and making regulations has had no impact on me. Neither is my spending limited, nor do they know where my coins are. Where is this negative impact of which you speak?

Go back and read my comment again; i didn't say state adoption will automatically mean a negative impact, because at some point we need those state actors and regulations to frame the operational policies for cryptocurrency adoption.

Whaz i was pointing to is a bit different from what you understand in all of this, what i meant was the regulations and ushering in of more control of government over cryptocurrency assets unlike the free market that we have right now.
You are still not explaining how I will lose my privacy and freedom, you just wrote again the same thing using different words. No government regulation can make me lose my freedom, Bitcoin would not be Bitcoin if it didn't guarantee freedom through its existence.

Post
Topic
Board Altcoin Discussion
Re: Will meme coins DOGE, SHIBA, PEPE still exist in 2030?
by
Spinning99
on 11/08/2025, 17:50:31 UTC
"Exist"? Sure. Will it be as high as this? Not all of them. Doge seems like it is sticking with time, that is a good thing, so far it has been here for a long time and I guess that it may stay here for a while longer. Shiba is in the middle, while it has some issues, and it's mostly hyped, it's also not that down neither, like maybe it will be higher in 5 years. Whereas, stuff like pepe, ape, and all the other shitcoins?

There is a good chance they would be gone, ranked lower, and forgotten. That seems like the best way to move ignore them and just get better stuff. I would say even avoid all those doge and shiba ones too, just pick something that is better, memecoins are not for you to make money, they are to make the devs money.
Why do you quickly dismiss PEPE over SHIB? According to trading volumes, PEPE is much more relevant than SHIB and has been for quite some time. Just because one of them has a higher marketcap and is slightly older, that does not mean that the other should be thrown into the bin with random memecoins. The PEPE meme is big, much bigger than SHIB whereas SHIB is just pigging backing on the success of DOGE. Without DOGE's existence, SHIB is nothing. Look

https://www.coingecko.com/en/coins/shiba-inu/historical_data


https://www.coingecko.com/en/coins/pepe/historical_data
Post
Topic
Board Bitcoin Discussion
Re: What Is This Bitcoin Cycle's Biggest Scam?
by
Spinning99
on 11/08/2025, 17:45:38 UTC
One of the biggest Bitcoin YouTubers, Matthew Kratter from the channel Bitcoin University, recently made a video explaining that this current Bitcoin bull run biggest scam is Bitcoin treasury companies , here  can watch his video in which he explains why
https://www.youtube.com/watch?v=vr8hog1BHAY

How do scammers manage to convince people to invest in their projects?Do you think Bitcoin treasury companies are the biggest scam, or are altcoin scams worse, considering Bitcoin’s dominance is only about 60%?
This is stupid and you should think for yourself. There has not even been 1 serious case of a treasury company that has turned out to be a scam. Compared to all kinds of scams that were going on in past cycles, and that are going on now is just dumb.

But if we talk about scams today, it is not only focusing on Bitcoin but altcoins or memecoins which are the biggest scams today.
Thousands of memecoins appear and create many scams in a matter of seconds, ICOs, IDOs and the like are no longer popular, it's a scam that still requires a lot of capital.
First, you are underestimating the number of memecoins. As of today there are several million memecoins, not thousands, millions! I was going to say the same thing, but the topic is about Bitcoin. In the last cycles it was Bitcoin forks, Bitcoin Cash and Bitcoin SV the biggest scams, before that pyramid schemes. For now I am not so sure but definitely ordinals and runes are leading contenders.
Post
Topic
Board Economics
Re: Western fiscal problems will be solved soon and inflation problems.
by
Spinning99
on 11/08/2025, 17:40:57 UTC
The reality of Eastern countries' dependence on Western nations for decades has been evident. By the time Eastern countries realized that aid was merely another word for exploitation, they were already trapped in a debt trap.
You described them like they were ignorant to know what colonial wanted to do at the time. The fact is they were forced to accept such a situation for many reasons. Most important factor is to finish a long period of direct colonialism and enjoy as much soverignity as possible to rebuild. Unfortunetly, most of those countries were leaded by colonialism proxies who offered to colonialism easier access to greater opportunities.
I don't think you guys are speaking of the same thing. He is talking about foreign aid and debt, why and how would a country be forced to accept it? Even if there is an emergency going on, that does not mean that the country offering the aid is the one forcing you to do anything. You don't have to take it. In fact, most of these countries still don't know that aid is the primary method of exploitation. As you can see as of today, the budget for many countries sucks because a lot of it goes towards interest payments. Colonialism has nothing to do with it.
Post
Topic
Board Speculation (Altcoins)
Re: The New Altcoin season has begun
by
Spinning99
on 11/08/2025, 16:48:37 UTC

I appreciate your post but it is a bit missing the point, you kind of over analyzed this. What is usually meant with deep bags is people who invested in yet another revolutionary innovative bullshit coin or token that was meant to change the world, but in the end it was just as useless as many of them. A simple tell is when people exaggerate the benefits of a coin or token but dismiss any legit criticism of it. An example would be Ethereum bagholders. They will dismiss any concerns that it is quite centralized, both in governance and on blockchain terms.


Part of my point is that even a bullshit coin or token etc that was just as useless as many of them can become useful simply by being useable for transacting and trading and being adopted for serious use, such as by a Galactic Milieu Civilisation or Corp as its currency, in other words in effect as its IOUs since money is basically IOUs.

The strong buy side part of it is basically the visible willingness to and capability of "redeeming" ("honouring") those IOUs.

One thing I like about Stellar, and the original Ripple whose name and concept got bought up to make the now high market cap XRP ripple, is that it is openly a platform for tracking IOUs so hopefully its users are better able to keep contstantly in mind that money is IOUs and that the value in an IOU lies almost entirely, maybe totally entirely except maybe to some numismatists, in the likelihood of its being "honoured" by being "redeemed"... Which is what a buy-side strong enough to absorb "dumps" tries to make feasible.


-MarkM-

Can is a very far fetched world in which this will never happen for 99.999% tokens or coins. We have enough, we don't need more.
Post
Topic
Board Bitcoin Discussion
Re: Willy Woo: Bitcoin Is 'Perfect Asset for the next 1000 years
by
Spinning99
on 11/08/2025, 15:59:46 UTC
Fact is bitcoin adoption by state comes with regulations, which means a lose of privacy and freedom for bitcoin holder's due to centralized presence, well there is no way state will adopt bitcoin without regulations.
How? The state adopting Bitcoin and making regulations has had no impact on me. Neither is my spending limited, nor do they know where my coins are. Where is this negative impact of which you speak?

The same Willy Woo who said that he sold his BTC?

Quote
“I’ve sold most of my Bitcoin now,”

https://cointelegraph.com/magazine/bitcoin-og-willy-woo-btc-treasury-price-prediction-cointelegraph/
He's not relevant, but it does not mean that he is wrong. A lot of people sold Bitcoin for some shitcoin that was supposed to be the next big thing and it never materialized. Even if people are often wrong, sometimes they can be right.
Post
Topic
Board Economics
Re: Western fiscal problems will be solved soon and inflation problems.
by
Spinning99
on 11/08/2025, 15:56:21 UTC
With the help of trump tarifs and crypto the western countries inflation will be exported to the east.
This was always the case, and how much it hurts certain countries from others depends on many factors. Holding USD reserves for one was always a mistake. I don't think that any of this will have a big positive impact on the western fiscal problems. The solution to the problem is quite simple though. Stop spending money that you don't have, spend money effectively and efficiently. Quite simple actually.
Post
Topic
Board Altcoin Discussion
Re: Will meme coins DOGE, SHIBA, PEPE still exist in 2030?
by
Spinning99
on 11/08/2025, 15:52:32 UTC
Are you as optimistic about Dogecoin's growth as before? Without Elon Musk behind it, Dogecoin wouldn't be as hyped. So this is also worth considering. The hype is essentially dead, even if it's been around for quite some time.
The Elon Musk hype was a thing of the last cycle and it is no longer relevant, you are living in the past.

As for whether it will still be around in 2030, it certainly remains. Will it remain at the same value/level or be able to significantly improve compared to today?
It will remain around. For values and position, nobody knows. It is the same for DOGE as it is for almost all altcoins pretty much, so pointing this out as some kind of argument is misleading. It applies to everything here.

And do you think Dogecoin will reach $1 in the future?
This is another stupid question that shows you barely understand anything. DOGE has an unlimited supply and quite expanding supply, so whether it will reclaim a previous price or reach a new high is not how you approach this question. If you look at the total market cap, it is performing better than most altcoins. Wink Sadly, I don't own any.

If you understand market theory, technological revolution/disruption, and system adaptation, you'll understand that it's all on the same page.
Memecoins and general altcoins are entirely different and their markets function differently, it seems you are the one who needs to read again market theory.
Post
Topic
Board Altcoin Discussion
Re: Will meme coins DOGE, SHIBA, PEPE still exist in 2030?
by
Spinning99
on 11/08/2025, 15:01:26 UTC
No, coins like that will just be trash in the market and no one will be interested in the future because Hype always changes, every cycle there is always a new face that brings big fomo on that kind of coin, so forget it and don't think about investing in the long term
Your post is ridiculous. DOGE is older than almost every shitcoin that you hold, so that is false. You probably don't even know that Dogecoin is 12 years old already, older than Ethereum? Hype that goes away, sure sure..

even almost all altcoins are like that, not only memecoins but other altcoins that have a vision and mission as well as good fundamentals have a high probability that by 2030 their technology will be obsolete and relatively consumers in the market are looking for new, more revolutionary alternatives\
You are comparing things which have nothing to do with each other.
Post
Topic
Board Economics
Re: High Pay, High Taxes or Low Pay, Low Taxes?
by
Spinning99
on 11/08/2025, 14:50:59 UTC
Go to places where the taxes are low, educate yourself and rapidly advance professionally to get high paying jobs within a few years. High taxes are a scam system designed to suppress your social status and power.

If all these conditions are met, I don't mind even if my income is low. There are countries where the inflation rate is so high that everything is expensive. Even with a very high salary, it still can't cover the bills because of inflation.
Let me guess, you think that the inflation in the US and EU are low? Relatively speaking they may be, but to think that inflation is low anywhere is funny.
Post
Topic
Board Bitcoin Discussion
Re: if Only I Was Born Early Enough to Buy Bitcoin
by
Spinning99
on 11/08/2025, 14:39:51 UTC
If you had been born earlier, you would have dismissed Bitcoin like most people. If you had still managed to adopt it somehow, you would have sold very early like most people. Don't let hindsight bias pump up your ego young man, that is not healthy.

Post
Topic
Board Speculation (Altcoins)
Re: The New Altcoin season has begun
by
Spinning99
on 11/08/2025, 14:36:52 UTC
Ethereum is at all time highs. BNB is over all time high. as soon as Ethereum breaks ATH say $4500 other alts will boom.
The reason why many people continue to repeat this is because they have deep bags in many useless altcoins. There is nothing to indicate that we will have an altcoin season like before. Sure some things will pump, but many won't.

I do not think it is merely "inherent uselessness" of the coin or token that counts.

Rather, I think the "inherent" uselessness of the demographic/community (culture) it attracts is massively important.

Bear in mind that money is basically an I.O.U. (I owe you), its value resting in the reliability with which its issuer(s) redeem it.

There need be nothing red-flag-ish about "deep bags" if culturally strongly associated with "deep buy-sides".

On the other hand even trivially shallow "bags" are not much help if held by a demographic/community/culture that does not build strong deep buy-sides.

The closer price gets to the bottom of the span of prices supported by the trading venue the more "dumping" one typically can expect, so building the buy-side more strong the deeper one builds it, at least toward the very bottom, is good to see.

Partly because of the possible-myth of alternating bitcoin seasons and altcoin seasons it is also very nice to see bitcoin as one side of the trading-pair, because a deep strong buy-side built stronger the lower it goes is especially nice when built out of bitcoins; being built out of bitcoins builds-in an "automatic" upwards price-pressure as the "season" swings back toward bitcoin, the already in place buy-side appearing higher and higher as the bitcoin it is built from goes up and up in value.


So look for the coins whose users build strong strong buy-sides, no matter how deep the "bags" dumpers might hold a buy-side can be built sufficient to gobble up their "bags" and keep on building...


-MarkM-
I appreciate your post but it is a bit missing the point, you kind of over analyzed this. What is usually meant with deep bags is people who invested in yet another revolutionary innovative bullshit coin or token that was meant to change the world, but in the end it was just as useless as many of them. A simple tell is when people exaggerate the benefits of a coin or token but dismiss any legit criticism of it. An example would be Ethereum bagholders. They will dismiss any concerns that it is quite centralized, both in governance and on blockchain terms.

eth is extremely low compared to btc performance so its got a long way to go which is good news for the fomo
Double would be a minimum, so these people that expect a season before then are crazy. $8000 or $9000 ETH would maybe indicate something.
Post
Topic
Board Gambling discussion
Re: gambling while serving the country— is it possible?
by
Spinning99
on 11/08/2025, 14:32:40 UTC
did you know that there are slot machines in american military bases all over the world? you will not be finding a full blown casinos in there but these machines offer enough entertainment to their soldiers i believe.
I didn't know that!

the profit made using these machines is used by the military for their own programs so the money just goes back to them but it raises a few questions. first of all, how ethical it is to put slot machines in an environment where the tension, risk and stress are high? these soldiers undergo intense mental training trying to fight off traumatic experiences and loneliness away from their families and home. are these machines making them a lot more vulnerable to addiction?

second, if a soldier is a gambling addict does this make him unfit to serve in the military anymore? we know that addiction no matter where can make someone illogical and make him do things that he would otherwise never do. i am aware that these machines can cure their boredom but is it the best hobby to provide for their brave soldiers? what do you think?
While it is good that the profit is used by the military, having these machines is a very bad idea. Soldiers are a vulnerable population, especially if they engage in warfare missions or even actual war. We are further sabotaging them instead of protecting them. They should be provided different means of healthy activities, but not this.
Post
Topic
Board Altcoin Discussion
Re: Will meme coins DOGE, SHIBA, PEPE still exist in 2030?
by
Spinning99
on 11/08/2025, 14:29:18 UTC
DOGE and PEPE are real memes that existed before crypto and will continue to exist. There is no reason why it would lose its follow especially when it has established itself so well. SHIBA is another subject. Still this does not mean that they will be as relevant as they are today as the market caps of all major coins continues to increase.

They will. These are established memecoin projects that have existed throughout the bear market and they're still valued significantly higher than infrastructure projects in crypto. For example, EigenLayer with over $12B in TVL was valued < $1.5B FDV while all of the aforementioned memecoins were worth several billions.
Yes, because EigenLayer is just another of many projects of the same kind. People are bored of infrastructure projects, there are too many. Meanwhile DOGE and PEPE are unique memes with unique cultures and many followers.
Post
Topic
Board Altcoin Discussion
Re: Not Every Token Is Just Hype, Some Actually Work
by
Spinning99
on 11/08/2025, 14:27:25 UTC
I feel like this post is just trying to hype up this project. OP mentioned getting listed on top-tier exchanges when in fact it’s only two CEX and one CEX.
HitBT is not a very popular exchange; other members mention red flags specifically the 55% APY, and if there’s even one red flag, people should be cautious investing in a project like this.
Most posts about altcoins including major ones like Ethereum are just fake hype posts by bagholders. People need to be very cautious when dealing with altcoins. Some people are lucky winners and make good gains, but most people lose and they often lose hard.