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Cake day: October 6th, 2023

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  • I don’t recommend investing to anyone, because this is absolutely bound to happen. I just say “Hey, I invest via [broker], and mostly in broad ETFs”.

    If they want advice, I’ll tell them anything except for names, because the minute I do, they’ll buy, the price will drop and they’ll sell and get angry at me.



  • Tar_Alcaran@sh.itjust.workstoLemmy Shitpost@lemmy.worldButtcoin
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    8 days ago

    What? That’s completely wrong.

    If it was set up as a currency, it was set up entirely wrong. There is a capped amount of bitcoin, and over time bitcoin will dissapear. That means a smaller supply will represent equal value (well not really, since it isn’t backed by anything), meaning it’s deflationary.

    Deflationary assets are by definitions bad currency and great investments.


  • A big feature AND problem with the live-service market is that gamers STAY engaged with the games. The majority of players play your random RTS for a few weeks, maybe a month, and then move on. But these live service hero shooters keep pumping out content to keep players invested and build in a ton of engagement sinks so you won’t leave.

    As a result, you can’t have “The next Marvel Rivals” like you had “The next Command and Conquer” or “The next Battlefield”, because everyone is still playing the current Marvel Rivals. That results in a completely saturated market. If you want a player, you’re going to have to drag them away from their current game, which they’re comfortable with and have a massive investment in.

    If you’re releasing the next Assassin’s Creed, you don’t need to be amazing, you just need to wait for people to finish the last one and deliver something pretty nice. Maybe it’s better, maybe it’s worse, but the field is empty so who cares. For Live-Service, you don’t just need to be better than the rest, you need to be sufficiently better that all the players are willing to abandon their huge investment in the other game and switch to you.

    And well, your game might dissapear any second, while their game has been around for years and surely will stay around foreeeever.