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Messages - Seven Nguyen

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1
I agree with you; their explanations have not been comprehensive, leaving many readers with too many questions, much like previous DEX launches that seemed abstract. Certainly, it will take some time for users to be able to use their product, won't it?

More time will not change anything. They will exploit the rising market to obtain liquidity and give investors a higher return. The service will be good, but as soon as the market trend changes, fraud and bankruptcy will begin.

They use the Web3 wallet for trading, so the user's assets always stay in the wallet, unlike CEX exchanges going bankrupt and customers losing their entire assets.

In a downtrend, anything can happen, and we cannot predict what. In 2021, could you predict that FTX would collapse to warn everyone?

2
As far as I know, this is still a new technology, and where its users usually deposit in stablecoins like USDC, this is a liquidity pool. Then the benefit that can be obtained here is that it reduces the manipulation of large investors.

In addition to the benefits I mentioned, it also provides trading opportunities. Then the challenges that RAMM can face are that the volatility is too high for the Ramm token, and the adoption is also too limited because of the new technology.
Thank you for your input. I have also grasped some understanding of liquidity pools. It's truly a new technology, so it's challenging to anticipate what factors will give value to the Ramm token. However, there hasn't been any information from RammDex about the launch of a token yet.

3
Risk Automated Market Maker (RAMM) Technology raised two main problems: The risk of unsafe exchanges. 2. Market manipulation by whales. They did not succeed in explaining it. I searched on the site and on the Internet and did not find a clear explanation of how to solve the two problems. Returning to the definition, they will use the blockchain components as results in the future, and with 2 opposite outcome groups for risk exchange, I see that the project adds additional risks and, through the difference between the results of current and future risks, achieves a profit, but such ideas have ended badly in most DEX.
I agree with you; their explanations have not been comprehensive, leaving many readers with too many questions, much like previous DEX launches that seemed abstract. Certainly, it will take some time for users to be able to use their product, won't it?

4
From what I understand, it sounds like the trade can fail because it doesn't match the hash or whatever the variable is. Sounds more like a gamble instead of trading to me. Maybe I misunderstood it, but they need to explain it in better terms since no one is going to use them just from the PR article alone. What's the benefit of this new market-making technology? I don't see how useful it is to combat market manipulation if it means regular users just can't trade because they failed to guess the right price range. It would also make customers lose interest and move to other platforms quickly if they experience too many failed trades. CMIIW.
If it's about gambling, the outcome of Ramm cannot be manipulated. In my personal opinion, we are in a market full of manipulation, so we need to acknowledge the positives for us. When it comes to trading, futures trading, in my view, is also a form of gambling. We should only engage in long-term investments for proper trading. We are playing in the gambling game of market makers.
Regarding Ramm, it doesn't seem to involve predicting the exact price range; indeed, it makes it difficult for us to understand.

5
I quote a bit from the article I read, has anyone read it yet? I'll leave the link to the article below. RAMM technology sounds quite abstract, and I still can't imagine how trading works when applying RAMM. After reading RammDEX's whitepaper, I find that compared to AMM, RAMM is entirely different in terms of the Liquidity Pool. The Liquidity Pool aspect leaves me stuck in my thoughts. Is the best part of RAMM technology relying on results based on the Hash string, and is there anything that can fake or manipulate the Hash string?

''RAMM stands for Risk Automated Market Maker, which uses a liquidity pool containing a digital asset with 2 opposite outcome groups for risk exchange. It allows digital assets to be traded through smart contracts, using blockchain components as outcomes in the future. RammDex promises to become a trusted trading partner for the trading community, thanks to innovative trading methods and a commitment to the transparency of the blockchain. With the security of DEX, users can rest assured that their trades are safe and transparent.''
-Source:
https://www.marketwatch.com/press-release/rammdex-unveils-revolutionary-risk-automated-market-maker-ramm-technology-redefining-cryptocurrency-trading-with-transparency-security-and-manipulation-resistance-98ee63c4?mod=search_headline

6
Has RAMMDEX started trading yet?

7
I agree with the expectation of negative news, critics, and biased reports in the cryptocurrency market. This has been happening for many years, and Bitcoin has maintained its resilience. We need to keep the faith

8
Cryptocurrency discussions / Re: Is it risky to accept crypto payments?
« on: October 27, 2023, 06:13:34 AM »
I'm not convinced that accepting crypto payments is a good idea, given the unpredictable nature of the crypto market and the potential legal issues it might entail.

9
Cryptocurrency discussions / Re: Suggestions for gaming communities.
« on: October 20, 2023, 06:52:28 AM »
The upcoming bull run in the cryptocurrency market is an exciting time for individuals to explore new opportunities and connect with like-minded enthusiasts.

10
The popularity of cryptocurrencies has indeed led to a surge in investors seeking secure trading platforms, with centralized exchanges being one of the most trusted options.

11
I hope they have a strong security system in place to safeguard our personal information. It's worrisome when there's uncertainty about the project's ownership
Privacy is a fundamental right, and I'll be cautious when using any service that doesn't provide clear information on how they protect it. Atissfy should prioritize transparency regarding their security measures, especially if they want to gain the trust of potential users

12
Incentivised Posting / Shill / HOW DOES ATISFY HANDLE SECURITY AND PRIVACY?
« on: September 18, 2023, 12:06:14 PM »
Does Atisfy truly ensure security, and is there a risk of personal information being stolen? Because this is a new project and we don't know who the project owner is. Do any of you have experience with this issue? I'm talking about this project: https://atisfy.io/

13
In the past few days, the DogeCoin community has been abuzz with speculation about Elon Musk's hidden intentions.

https://twitter.com/elonmusk/status/1685363794090819584

I wonder if he will include DogeCoin as a real payment method, don't you all?[/font][/size]As for Bakac Coin, it began with the Russian community and then gained attention in Chinese newspapers, attracting interest from people all over the country, including investors and cryptocurrency enthusiasts.

https://www.cryptonewschina.com/




What do people think?

14
In the past few days, the DogeCoin community has been abuzz with speculation about Elon Musk's hidden intentions.

https://twitter.com/elonmusk/status/1685363794090819584

I wonder if he will include DogeCoin as a real payment method, don't you all?[/font][/size]As for Bakac Coin, it began with the Russian community and then gained attention in Chinese newspapers, attracting interest from people all over the country, including investors and cryptocurrency enthusiasts.

https://www.cryptonewschina.com/



What do people think?

15
It's insane! A 79,100% increase in just two weeks? We should invest in it!  ;D ;D
Are you out of your mind? Investing in a meme coin like BAKAC is just asking for trouble! The crypto market is full of scams and pump-and-dump schemes.
Come on, don't be so negative. Look at the market capitalization and the number of wallet holders. It's gaining traction!
That doesn't mean anything! Market hype can disappear as quickly as it comes. And potential listing on Binance? It's still a risky bet.
But think about the potential gains! We could make a fortune if it gets listed on Binance and continues to grow.
Sure, you might make some quick gains, but the risks are way too high. This is not a long-term investment.

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