Crypto Banter
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If life gives you lemons sell them and buy crypto
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๐NFT 'In a way, immortal', inspired by Johan Cruyff sold for $693,000๐
I am not big fan of NFT and right i think that people are spending to much money in this new technology, but maybe in the future when Metaverse comes to our life it will get a real purpose and value. But this new NFT of Johan Cruyff created from Barcelona is very cool and i would love to have it. The animated NFT is called "IN A WAY, IMMORTAL" and it's historic goal that Cruyff scored against Atletico Madrid in 1973SOURCE. The NFT is sold for $693,000 HERE IS ANIMATED NFT, IT LOOKS VERY COOL The buyer has also purchased four additional NFTs that include a static image of the animated version and becomes a โBarรงa Digital Ambassadorโ, which gives them the chance to enjoy various VIP benefits and experiences with the Club SOURCE Do you own any NFT and if yes, how much have you paid for it
4y
Crypto Banter
๐Global GPU price drops to compensate for falling Bitcoin mining revenue๐
I remember long time ago i bought my graphic cards which was among the best on market for around 250 euro, it was happy because i could play all newest games, but then everything changed, BTC was created and from that time graphic cards prices increased every day, it was very hard even to find good graphic cards in stock. The moment that new graphic cards were released on sale miners rushed to buy them , not only one but as much as they could, and that hurt the real PC gamers. But recently with the continuedly decrease of crypto prices lot of people do not have profit to keep their miners running, also the energy price increase is the one reason as well. In all this bad situation, there is one good news for PC gamers, now the price of graphic cards is dropping continuously and it is easy to find them in the market. This bearish situation can benefit also for some small miners, because now they can afford to buy some good graphic cards for reasonable price and use them when bearish period gets over ๐๐๐๐๐๐๐๐๐ The meteoric drop in GPU prices opened up a small window of opportunity for small-time miners to procure a piece of more powerful and efficient mining equipment. As a direct result of falling Bitcoin (BTC) prices, total revenue earned by miners in transaction fees and mining rewards dropped to its one-year lows at nearly $15 million on July 4. However, a concurrent fall in graphic cards or GPU prices is set to help miners offset their operational costs amid an ongoing bear market. Bitcoin mining revenue fell 79.6% over a period of 9 months, ever since reaching an all-time high of $74.4 million on October 25, 2021. In addition, a global chip shortage and the coronavirus pandemic shot up prices of the most important part of a mining rig โ the graphics processing unit (GPU) โ further impacting the minersโ bottom line. ๐๐๐๐๐๐ FULL ARTICLE HERE HAS ANYBODY BOUGHT GRAPHIC CARD RECENTLY AND WITH WHAT PRICE?
4y
Crypto Banter
๐Let's make Banter Great Again๐
When i first joined BBS platform i didn't know the platform and the rules very well , but i joined some boards and at first i started to post only memes. The first board that i remember joining was Banter, i think that most of the members who joined BBS in the beginning they visited Banter first, you can see some members who also have account name related to Banter. After some time the Banter become nr1 community on BBS, where members started to post more and more about Crypto and NFT but i loved to post more content about Metaverse. I remember DrHomoErectus when he posted charts, everybody rushed to buy his post and for split of the second his post was $43, also when other Banter moderators posted content, we all rushed to buy their posts. It was happy time for Banter also for other communities like Villa and MetaEngagers. Besides posting there was also very good engagement, of course there were lot of emoji and irrelevant comments but mostly members were engaging But then Metabbs happened, out of nowhere members rushed to Metabbs, and traffic in banter but also in other boards started to decrease rapidly. At first i didn't know what was going on because i was not much active on Metabbs but after sometime when i visited Metabbs i saw all members were there. Now with the Great Reset, members started to post again on Banter not as much as it was before but definitely better than it was before great reset. But something is missing, now the board looks like beautiful city with beautiful building but empty inside. I see that members are making posts but are not engaging at all, they don't comment on other posts, some members even if you comment on their post they don't return the comment back If we want to make Banter great again we must start changing our behavior, we must engage in others posts, starting from myself. From now on every time i post in Banter i will check at least 3 posts and comment on them, and i think that we should all do the same. Let's make the great change to this community, let's make Banter Nr1 again. โIf you don't like something, change it. If you can't change it, change your attitude.โ Maya Angelou
4y
Crypto Banter
โWhat about BBS Token instead of Reputation Points for Tipโ
As we know now that when you post content, all the income goes to publisher not as before when half of income went to the promoter(ex purchaser) . If member promotes(purchases) your post and if that post has good engagement he wins more Reputation points, which right now does not have any monetary value. With these new changes only the publisher earns income, and members who don't publish regularly they can promote and comment all day but cant earn any income. And i can see that big boards like Banter and Villa have good number of posts but very little comments or not at all, and that is not good in my opinion. Would it be good at least option when you tip the commenter who makes good comment or gives you good feedback , instead of tipping him with let's say 10 METABBS RP, to tip the members with BBS token, because now RP is very easy to earn and has no value like CC had before. I think this feature would encourage members to engage more and make good and helpful comments
4y
Crypto Banter
๐What is Learn2Earn and can it be used on BBS platform๐
With the arrival of Web3 and blockchain lot of other technology emerged, we had Play2Earn, Move2Earn and now we have Learn2Earn. Play2Earn is where you can play games on internet and you get earn tokens which you can exchange them later for cash. Move2Earn is also very interesting because you can download apps on your phone which are usually used for fitness and health, you can run, jog do exercises but in meantime you can earn tokens. Learn2Earn is way where the companies pay you to learn something , for example BBS can pay you to watch a video and to learn how to use platform or how BBS token works, also they can make quiz or Poll when they want to know in what exchange you withdraw your token and other questions. So in meantime they get the feedback from users and make the analysis with that data and improve the platform, also members earn some money, so it is Win Win situation. These examples are already used in lot of companies including Coinbase and Binance Academy. ๐๐๐๐๐๐๐๐๐๐ The recent bull market highlighted a number of emerging sectors within the space that all share similar catchy titles of โsomething2Earn.โ Crypto market participants last year could just not get enough of the growth of Play&Earn games such as Axie Infinity and mobile eSports MegaFans or Move2Earn dApps like STEPN and Genopets. These tokenized incentive structures (social tokens, NFTs, in-game currencies) have become popular as they provide an opportunity for the average Web3 user to Play to Earn, Move to Earn and now, Learn to Earn. What is Learn2Earn? Learn2Earn, as the slick name suggests, is the process of learning about something in exchange for rewards. From a traditional business perspective, the simplest comparison would be to that of the cost of acquiring a new customer to your product, whether you have built an alt Layer 1, AMM Dex, DeFi protocol, or NFT marketplace. In Web3, as in Web2, consumer attention is the real currency. In the old Web 2 model, companies paid user attention via advertising, giveaways, partnerships, referrals, etc., and then hoped that their product was enticing enough that some people would complete the marketing funnel and stick around to learn about their product to become a regular user. However, in Web3, instead of trading your attention for โfreeโ to any number of attention brokers (who then sell to the highest bidder), you can get paid directly to learn about a particular product. The rewards for learning are typically given in a native currency, token, or NFT of the ecosystem you are learning about. This provides a direct, monetary incentive for users to be invested in a project and helps teams cut through the noise of the plethora of other crypto projects also competing for your attention. FULL ARTICLE HERE
4y
Crypto Banter
โWould it be good to add specific field where you can add your context or opinionโ
With the great reset, there has bee less posts but it has been improvement in quality. on Metabbs it is easier to check if the content is not copied from articles because the topic is BBS platform. But for other communities it is harder to check and analyze the content for originality. Of course for example in Banter and Villa it is very hard to write full article about cryptocurrencies or metaverse, there you can post article from any website but you have to put the source where you took the article and of course it is mandatory to add your context, your opinion on article. I read regulary posts on other communities but i don't know which part of content is context that member has written, it is very hard or impossible to know sometimes. I think it would be good for BBS team to implement feature where you have to write your context or your opinion in specific field inside the post, so the moderators and admins will have it easier to value and to check the posts for quality and plagiarism
4y
Crypto Banter
Italy dedicates $46 million for blockchain research
Benefits of new Blockchain technology have been received very good not only from companies, but also from governments. Even that this year the cryptocurrencies have not been stable because of bearish period and companies are hesitating to invest in cryptocurrencies. It's different story with blockchain, we are seeing recently that companies are accepting and investing in blockchain believing that this technology is the future. Also it is case with the governments, and recently Italian government has dedicated $46 million for companies to invest in blockchain research ๐ช๐ช๐ช๐ช๐ช๐ช Italy reserved more than $46 million for companies who want to launch subsidiaries for blockchain research Italyโs new decree reserved more than $46 million for companies who want to set up subsidiaries to research blockchain. Companies will be able to apply to this budget from 21 September 2022, either individually or jointly. Italyโs Minister of Economic Development, Giancarlo Giorgetti, explained that this initiative aims to support companiesโ investments in innovative technologies to modernize production systems. He added: โThe challenge of competitiveness โ he adds โ requires the manufacturing industry to constantly innovate and grasp the potential of new technologies.โ Initiatives investigating Artificial Intelligence (AI) and the Internet of Things (IoT) will also be acceptable. Any blockchain, AI, and IoT application on production systems, education, agriculture, environment, infrastructure, tourism, information security, and aerospace can be considered for funding. ๐๐ FULL ARTICLE HERE๐๐
4y
Crypto Banter
โHouston do we have problem hereโ
With the new beginning of BBS, whitelisting process will be invite only, and only members who write good content will be whitelisted and members will be rewarded only for good content, this is very good rule that was implemented by BBS, but i hope it works. I think there is one little issue here, lets take for example i write lot of posts daily, and these posts does not break the rules but they don't have quality, and i continue to write these kind of posts for months. Of course i don't get whitelisted but i still earn money even that i cant withdraw, but what if after 2-3 month i start to make some very good content and admins decide to whitelist me. So after i get whitelist i will be able to withdraw the money that i earned writing bad content earlier. I think this way some members can decide to write for some period of time content that don't have good value just to earn the money and impressions, because to be honest, members are commenting in all kind of posts good posts and bad posts. And after they think that they have collected enough money they can start to make good content and engagement, and for admins it will be hard to make decision , because they will fear that if they whitelist them they can go back to making low quality post or if they don't whitelist them they could leave the platform. I hope this my post is not one of bad ones just trying to earn impressions๐
4y
Crypto Banter
๐One tip if you have problem using user search option ๐
One tip for members having problem using new user search option. When you write the user details on search field, you have to write exactly the same letters in lower case or capital letter, because the search is case sensitive and if you don't write the user properly you will end up without any result. I hope that they remove case sensitive feature because lot of users have account name with upper and lower case and that makes us hard to find the user easy. ๐๐๐๐๐๐๐๐
4y
Crypto Banter
๐Crypto winter freezes sports sponsorships for digital asset firms๐
As we have seen recently, lot of crypto companies were sponsoring sport clubs, recently there are many deals that are canceled because of bearish period of cryptos. The companies also sport clubs think that this is not the right time to make a deals while the crypto market is down What do you think, what impact would crypto sponsoring have in this bearish market The crypto market downturn has made it difficult for crypto firms to pull the trigger on any new sponsorship deals with the sports teams they spent hundreds of millions on at the beginning of the year. The longer the crypto market stays in bearish territory, the more marketing deals with American sports teams are being taken off the table as crypto firms tighten their belts. Crypto exchange FTX has been rethinking its marketing plan to plaster its name and logo across Los Angeles Angels jerseys, according to a June 20 report from the NY Post. The dramatic market downturn is likely to blame for the retractions. Another patch deal between an undisclosed crypto firm and the Washington Wizards was axed just as the crypto market began its violent tumble in recent weeks. The crypto firm in question could have been FTX.US as the exchangeโs NFT platform and the Washington DC-based Wizards have an ongoing partnership. The NY Post said that the deal with the Wizards was desirable for crypto firms looking to curry favor with the DC political base. Sports management professor at Columbia University Joe Favorito told the NY Post that he doesnโt believe any new sports partnerships will be announced while the market is down. CLICK FOR FULL ARTICLE
4y
Crypto Banter
๐The Single Metaverse Isnโt Real Yet, But itโs Tantalizingly Close๐
We still don't have metaverse at the moment but i think that we are in the final stage of getting ready for Metaverse, maybe without trying we started preparing long ago for Metaverse. When VR headset first invented we used it for entertainment and gaming , now VR will be crucial part of Metaverse, its same with games like Minecraft, also The Sandbox. In the future like Internet which is one also there will be one Metaverse and we all will be part of it The single metaverse will need cooperation between corporates and a rethink of storage, but it is within our grasp, says Mikhail Danieli, ambassador for decentramind.io. VR was once just a buzzword or a toy. Now it is as if someone declared โlet a thousand metaverses bloom,โ and thatโs exactly what has happened. The concept of the metaverse has reached the end of its beginning phase. The true maturity of ever-faster and ever-more sophisticated evolution is starting to set in. Permanent virtual spaces are becoming more and more popular in the world. These include The Sandbox, Fortnite elements, Decentraland, VRChat platforms, Roblox, Vans World, Spatial.io, and many others. They follow in the still-reverberating footsteps of Second Life, and the ever-mighty Minecraft metaverse. Like Second Life and Minecraft, people have been building forms of the metaverse for years. In recent times, theyโve exploded in number. Each are vying for popularity, ever better graphical quality with ever-richer experiences. People expect explosive growth from their preferred versions of the metaverse experience. Meanwhile, others see the metaverse as a fad. The single Metaverse: Is it real? CLICK HERE FOR FULL ARTICLE
4y
Crypto Banter
๐A New Monetary System for the Metaverse๐
Because lot of companies want to integrated on Metaverse and everyone of them want to have their tone, this will make problem in payment system on Metaverse, and that could be dangerous for companies, so Litedex token wants to be bridge of this payment system. ๐๐๐๐๐๐๐ The metaverse is a brave new world waiting to be discovered, populated, built and activated. In many ways itโs like a whole new country being born before our eyes. Throughout history, as new nations rise there is an umbilical link between their potential and their systems of money and finance. Chinaโs pre-eminence in the Song Dynasty came because of its invention of paper money and sophisticated forms of credit. Athens became the most powerful city-state of ancient Greece due to its plentiful supplies of silver. More recently, Florence, London and New York became the leading financial centers of their day because they controlled the money supply. The next stage of metaverse development will be the creation of a monetary system that can provide similar depths of liquidity. This system will allow users to operate multiple blockchains in the metaverse and provide a backbone for companies to operate their own blockchains. Many companies are looking at the metaverse and working out how to tokenize their businesses. But they only see value in using their own tokens and not accepting rival tokens. This poses a serious problem of integration. Without integration, the metaverse will naturally split into thousands of smaller units, losing cohesion and diluting the network effect. CLICK FOR FULL ARTICLE
4y
Crypto Banter
Now is very good time to swap tokens on Defibox, also you can see price of BBS token on Binance
I just withdraw some money with wombat wallet, and it was very good conversation rate from defibox as you can see below. Also the price of BBS token has increased for 7.5%, but most interesting thing is that before when i searched BBS Token price on google there was no information on Binance for BBS token, today its on top of the search. I think this is good news, who knows maybe BBS token will recover faster than we thought You can see here binance listed in search Here is the swap price on defibox Here is BBS token price on BBS This is the price and chart on Binance
4y
Crypto Banter
๐๐Exit Strategy: Why Private Capital Is Fleeing Crypto๐๐
Because the instability of cryptocurrencies recently and very long bearish period, Some companies have lost faith in cryptocurrencies and are trying to find ways to pull out of crypto market. Maybe from this situation will win some companies who take big risk in the end when the bearish market ends and hopefully cryptos start to recover and bullish period begins, which happened before ๐๐๐๐๐๐๐๐๐๐๐๐ With the crypto marketโs decline, investors, big and small, have been making various moves to ensure they are in the best position to weather the storm. For some, it is moving to more established cryptocurrencies or stablecoins for the cover they provide. For others, they have chosen to exit the market completely to avoid any further losses. Private capital looks to have chosen the latter as investments in crypto companies have been drying up. Private Capital Wants Out Of Crypto Crypto had been the winner of 2021 when it comes to investments. Billions of dollars from private capital poured into companies, both established and startups. The bull rallies of the same year ensured that these private capital firms were making good on their investments. However, as true to form as it can be, the cryp As a result of this, private capital markets have begun to pull out of the crypto market. This is in stark contrast to the beginning of the year when investments had continued to pour into the market. Crypto companies were said to have raised around $1 billion weekly in the first quarter. This number has since dropped since the market crash. It is important to note that the funding rounds for cryptocurrency companies did not decline. Rather, the willingness of private capital markets to take a chance with them has become shaky. This has led to fewer funds raised with each funding round. Additionally, the valuations of these crypto companies have declined drastically with the bear market. BlockFi Funding Spells Doom There have been some happenings in the crypto market that have served as proof of the fact that private capital is pulling out of the market. BlockFi presents a perfect example of this. The company had held its previous funding round with a valuation of $3 billion back in March 2021. Fast forward a year later and it is now holding funding round at a $1 billion valuation. This is in line with the decline of digital assets all across the space. This decline had been the trigger for private capital to begin pulling out of the market. Not only had small investors clamored to get out, but these big money had also read the room and presumably are taking the best way out. It is not all doom and gloom for the crypto companies that have been raising funds though. A notable funding round for the firm a16z, saw it raise $4.5 billion for a fourth crypto fund. However, it is important to note that this funding round had taken place back in April, long before the market crash. The performance of crypto stocks also serves as a testament to the loss of faith in the market. A fitting example is the Coinbase stock, which was the first crypto exchange to go public. In a little over a year, the value of its stocks is down about 83% from its April 2021 listing. SOURCE
4y
Crypto Banter
๐Information for some members about difference between admin and moderator๐
For some members who gets confused about admin and moderators duties on board. A moderator is next in line (or below) to the administrator hierarchy. Below is a table which can somehow describe their duties So if you work hard and you give contribution to BBS, maybe one day you can be moderator as well, and you don't have to apply or make request anywhere, they will contact you.
4y
Crypto Banter
โDear BBS member make 3 wishes to BBS board and maybe they can come trueโ
Like a lot of members i also wished for search option to be implemented in BBS, i even wrote post about search, and BBS admins made our wish come true. It's same with some other features, because we members are the best who knows what this board needs, and BBS devs can make our request reality. So i am writting my 3 wishes to BBS devs and i hope at least one of them comes true, 1. When i first registered on BBS, when it asked me how to name my account i wrote individi i am not complaining because its easy to remember, but i am sure that some members regretted the account name they put, because is hard to remember for other members if they want to tag or search you. So i know that account name usually is not good practice to be changed but at least i wish that in comments and post instead of account name to be displayed Name like in this photo 2.Because i am member in multiple communities, sometimes at same time i prepare posts for different community, and it happened to me that i accidentally post content that i intended for Mwatalk on Banter or other community, and i am sure that some of you made that silly mistake sometime. So i wish that in all communities when you are creating new post the background of community page to be different in color or any photo , in that way it would be very easy to know in which community you are posting, and you would do little mistake. 3. After implementing search option it is easier if you want to search for content but it's still hard to search for user. I wish that also Search for user to get implemented in coming updates because many times i want to search for user for different reasons and i have to brows post where he is publisher. So dear member feel free to write your wishes because in BBS our wishes easy come true.
4y
Crypto Banter
๐Sometime you create a good content but you have little engagement๐
Did it ever happen to you where you prepare good post and you put lot of thought, when you finish the content you are happy that you are going to post and you hope that it will create lot of engagement. And as soon as you publish the post it goes with the wind. ๐ฏ๐ฏ Same happened to me yesterday, i finally found out the problem why when i withdraw money from BBS to wombat wallet i receive so little money, and i created detailed post, and when i posted it almost nobody didn't notice and only few checked the content, maybe because it was low CPM time(lucky me) or maybe it was just BAD TIMING. ๐ฏ๐ฏ So if you ever create good content and you receive very little engagement don't that discourage you to continue working hard because sometime its just BAD TIMING DID IT EVER HAPPENED TO YOU? PS By the way here is the post that shows problem with withdrawing the money๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐ CLICK HERE FOR POST ABOUT PROBLEM WITH WITHDRAWING MONEY FROM WOMBAT
4y
Crypto Banter
๐More Regulation, Less Scams: What the Future of Blockchain Looks Like๐
Blockchain technology is recent technology and still we are adapting, in blockchain is difficult to change data and cheat and all the transactions are transparent. The blockchain will benefit the businesses because it will make transactions faster safer, of course there are still some issues that need to be fixed and like all other technologies we will need some time to adapt but blockchain is on of the best thing that happened in technology these years. ๐๐๐๐๐๐๐ Blockchain technology has revolutionized government, finance, insurance, and personal identity security. By 2025, itโs predicted that corporations will be spending $20 billion annually on blockchain technical services. Tech giant IBM is investing more than $200 million in research and over 90% of European and US banks investigating blockchain options. Although only taking the world by storm over the past few years, blockchain technology is already on its way to becoming a legitimate disruptor in a slew of different industries. So what exactly does blockchain accomplish to make it so popular? Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets across a network. An asset can be tangible (e.g. a house, car, cash, or land) or intangible (e.g. intellectual property, patents, copyrights, or branding). Anything of value can be tracked and traded on a blockchain network, reducing risk and cutting costs for all involved. Blockchain technology is revolutionary because it allows businesses to receive information faster and more accurately. It provides immediate, shared, and transparent information stored on an immutable ledger which can only be accessed by permissioned network members. Blockchainโs ability to track orders, payments, accounts, and production, while giving members trust and transparency into their transactions is what is makes it so groundbreaking. One of the most appealing attributes of blockchain technology is its built-in smart contracts. Smart contracts speed up transactions by essentially providing a set of rules stored on the blockchain that are executed automatically and have the ability to define conditions for things like corporate bond transfers, or terms for insurance. FULL ARTICLE HERE
4y
Crypto Banter
โWhy You get so little money when you Withdraw from Defibox walletโ
After long search and confusion a friend @Mehulbanterfam@bbs enlightened me and i finally find out why when i withdraw from BBS to wombat e receive very little money. Recently i withdraw some money from BBS, i had 220$ in BBS token and when i withdraw to Wombat you cant see at first how much you received until you convert BBS token to EOS. When i converted from BBS token to EOS from 220$ i received only around 160$ (don't know exact value) and i was confused why so much fee, at first though that it was fee from BBS but i was wrong. You can see here in Defibox the value of BBS token is not real value it's $0.0234 You can see here in BBS the token has real value $0.0306 So for example in BBS if you have 5000 BBS token the value is 5000 * 0.0306 = $153 Same amount in Defibox you will not get $153 but 117 like this 5000 * 0.0234 = 117 So i know that it was not like this before, because when i swaped before on Defibox i got fair BBS token value, now we have to pay 30% for system fee and almost 30% on Defibox and in my opinion it's a lot. For example if you earn $300 on BBS in best case with deduction you will have $120 in your pocket. I hope that Defibox price raises or BBS token gets listed in some better exchange because Defibox hurts us a lot. PS I Tried through Coinbase also it's same situation I think that this is the problem, please tell me somebody that i am wrong and there is solution
4y
Crypto Banter
๐When CPM on other communities drop to 1CPM member coming back to Banter๐
Some days ago there was problem with low CPM on other communities and lot of members posted on Banter. I made this meme as a joke i hope that nobody gets offended
4y
Crypto Banter
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