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1001  Bitcoin / Bitcoin Discussion / Re: Bitcoin illicit transactions are less than 1% on: April 14, 2021, 12:12:47 PM
Bitcoin finally have some good reports based on real facts and research proving that illicit transactions are making less than 1% of all Bitcoin transactions, and even former CIA director Michael Morell confirmed that.
Real question is how many of traditional fiat currencies have been used for illicit activity and according to the UN it is between 2% and 5% of global GDP, and I bet it is even bigger than that.

One thing I noticed in this report is that governments are probably preparing new and more strict KYC regulations for exchanges and they are especially concerned about other coins and DEX exchanges, more than about Bitcoin.

We need more reports like this, and especially after recent Bitcoin is bad for environment narrative, with more facts and less sensational headlines.



Must read 11 pages full report: https://cryptoforinnovation.org/resources/Analysis_of_Bitcoin_in_Illicit_Finance.pdf


I see that why they consider crypto as part of a transaction tool of all kinds of fraud because they want to have a basic reason to prohibit crypto from being trusted by the public.  The kyc they use is only an alibi to control our crypto assets.  Because without this control they will not have the power to boycott, let alone attract the circulation of this crypto.  In fact, fiat has funded various types of crimes in this world.  Bitcoin has just been born in the last 10 years or so.  However, various kinds of evil existed before it was formed.  So this reason is not a rational reason.
1002  Bitcoin / Bitcoin Discussion / Re: Will governments ban Bitcoin like they did with Gold? on: April 13, 2021, 03:52:04 PM
The effect that BTC has on the high volume of purchases and skyrocketing prices has made countries that ban BTC experience anxiety.  They continue to report the bad effects that can be caused by investing in BTC.  Even though the facts are not that bad if we can manage the investment we have.  They continue to limit activities in crypto with a fairly strict policy, then they make competitors for BTC such as CBDC.  Yes, they are the economists who drive inflation
1003  Economy / Economics / Re: I think Bitcoin is the biggest bubble and ponzi in the universe or it isn't? on: April 13, 2021, 02:12:19 PM
I don't agree with Bitcoin being called a ponzi, because not everything that was profitable for early adapters was called a ponzi.
You should know that ponzi schemes are a form of scam by means of new investors paying old investors. And the ponzi scheme will stop
if there are no more new investors. Whereas Bitcoin is not like that, take a look at how Bitcoin works. After all, Bitcoin is not only
a digital asset that can provide profit, but Bitcoin can also be used as a payment like fiat.

Agree, bitcoin's investment model does not belong to a pyramid scheme, that means it's not a form where a pioneer can make money from newbies, almost everyone's capitalization will change based on their calculation and target choice, some newcomers can still make better money than the old, sometimes the old is outdated and attacked by this market. Although bitcoin is not a ponzi but it is truly a giant bubble because the actual feature is too universal and doesn't stand out but the value always surpasses very high thresholds due to the manipulation of investors
I noticed that this thread was just a clickbait for the reader to see, and sadly whatever it contained was just a little bit of wild opinion.  If the OP says BTC is only a ponzi scheme, maybe the OP reads less and needs more education so that the post is better.  Include a data-based opinion so that whatever is said can still be considered.  If the OP thinks all of these are ponzi then the worst ponzi schemes are the fiat you are currently using.  The fiat equivalent of BTC is a medium of exchange for all transactions.  Where's the ponzi scheme?
1004  Economy / Economics / Re: Why the Market is Thinking About Bitcoin Differently on: April 13, 2021, 01:28:27 PM
Thats why you need to balance things since every transaction is important on bitcoin growth so try to split up your balance upto 50% since if you only do hodling well maybe you will end up waiting something which have high risk to lose in future if your not good on controlling your emotions.

But if certain individual doesn't know how to trade but can risk to hodl what he have then maybe this is rather good since since not everyone will do this so expect that btc will still move even if there's a large number of people will hodl.

A good investor has his or her own profit target because if we only hold BTC for a certain period of time without a gain target, what we want to achieve is just like a seasonal investor who just follows along.  Being an investor who holds assets is not a strange thing, but if an investor in the same class does not understand when to cut losses, it is foolishness and needs to learn a lot so as not to lose more.  Actually in my opinion, BTC is a trading market and not for the long term because of the volatility it has.  You invest 100 $ in BTC in 1 year period is much better than buying BTC in 100 $ and have active trading in a year.  Here are two options that can describe your character.
1005  Economy / Gambling discussion / Re: UEFA Champions League Discussion Thread on: April 13, 2021, 12:28:06 PM
Considering the availability of both teams players, I can say Paris saint-Germain is the most favorite to qualify to the next round. Marco and Florenzi missed the first leg in Munich after testing positive for COVID-19, but the duo have received the all-clear and are back in training ahead of the tie with Bayern Munich, while Bayern main man Robert is still out injured.


I'm still really looking forward to the PSG vs Bayern match.  And I strongly believe that PSG will be the winner because in my opinion PSG currently has the advantage of being a very good player in executing like Mbappe.  After scoring two goals against Bayern in the first leg, Mbappe scored one goal and one assist to help PSG beat hosts Strasbourg 4-1 in Ligue 1 last week.  Mbappe has scored seven goals and one assist in his last five appearances for PSG in all competitions.  On the other hand, Bayern have not been able to rise from adversity.  After being overthrown by PSG in the first leg, Bayern were only able to draw 1-1 at home to Union Berlin in the Bundesliga last weekend.  One Jamal Musiala's goal was not enough to bring Bayern back up and secure maximum points in the match.
1006  Economy / Gambling discussion / Re: Premier League Prediction Thread 2020/2021 on: April 12, 2021, 02:20:24 PM
West Bromwich Albion ? - ? Southampton
Brighton & Hove Albion ? - ? Everton

This is a fighting middle board, some people may be not interested in watching these games. but in fact, Everton better than Brighton, head to head in the last 5 games Everton got 3 winners and 2 for Brighton, 2 winners going to Brighton's home, I'm predicting Brighton would fight spirit to get the winner to avoid degradation zone, they playing at home either and this game chance to be a tie.

Both teams to score is the best option for betting in my opinion because both teams are fighting for a place Brighton with the home advantage and Everton with the more power
The final result is really unpredictable, for sure both teams score goals are very possible  Wink

I don't think so, this match is really predictable because I optimist that Everton Will be the winner of this match. When you watched for the last several matchs, you can conclude that Everton have good statistics and results. You can see they win for several games although they beated the weak team but that support value for the next match. Indeed, last match they have been beated too, but it's not crusial point. As far as the match they played. Everton is better than Brighton. They have more confidence because of their record before. I have bet for Everton, I can't skip this match at all.
1007  Economy / Economics / Re: Janet Yellen to call for unified global corporate tax rate on: April 12, 2021, 01:54:23 PM
Instead of working for 40 hours a week and earning $400,000, I can opt to work for 20 hours a week and earn $200,000. These sort of insane taxes will only encourage unproductive activity.

Why do you equate time not spent getting paid with being "unproductive"?  There are plenty of worthwhile things you can do with your time that don't involve making yourself financially wealthier.  Is money really the only thing you care about?  Are there no other motivations to spur you on? 

Actually, if talking only about money, a person's motivation for life is a relative reason and even he is not the only one like that.  There are many people who don't use their idle time as lazy and unproductive time.  Likewise those of you who fill your time with a lot of positive things even though they don't make money, and this is also not wrong.  I see both sides that cannot be blamed on each other.  It goes back to their respective choices.  But here the problem is that taxes are so high that people become demotivated to earn more.  The higher the income, the higher the tax issued.  Even though people have worked very hard to produce that high income.  The government with its various agendas regulates unilateral policies on behalf of government programs.  And the most annoying thing is that even the matters of private assets become interference by the government.  This is the weakness of a centralized economy.
1008  Economy / Gambling discussion / Re: UEFA Champions League Discussion Thread on: April 12, 2021, 11:43:30 AM
Paris has matured a lot from 2017 and although Bayern dominated the first round they were able to win the game thanks to super fast counter attacks with players like Mbappe which converted those counter attacks in goals.If they play cold headed in the return leg the chances are all by their side to qualify further.

This is one of the reasons that encourages PSG to be better because they have a team whose attacking spirit has also increased rapidly.  Mbappe showed extraordinary performance to be able to beat Bayern who are also a great team.  In this second leg I still champion PSG even though Bayern are also a strong team.  Bayern will also definitely catch up, but PSG will definitely work out an even better strategy.
1009  Economy / Economics / Re: Biden infrastructure investment - got it right? on: April 12, 2021, 11:10:34 AM

This is only a small part of the impressive statistics that show that China is already ahead of the US in many things, it is only a matter of time before it will definitely become the world's leading power - much to the displeasure of many who fear it.
This is real data from the success of the Communist Party in adapting to the development of the world economy.  I see that in fact today China is no longer a perfect communist country but rather a Capitalist Communist.  Why do I consider China to implement a Capitalist Communist, because they free all citizens to manage their resources but still closely provide policies for society to explore.  China continues to create a monopoly on the world market so that China can control the economy of the country within the country.  For example, my country's economy is also controlled by the Chinese state, either by company or by indirect policy.  I also see that the Chinese government is clearly very protective of its people even in cases of theft with other countries.  This is the basic reason why in the future China will dominate the world economy and become the owner of the largest economic value.
1010  Economy / Economics / Re: Biden infrastructure investment - got it right? on: April 11, 2021, 02:50:56 PM
If we talk about the relationship between the policies of the USA government that China is pursuing for its GDP and Bitcoin at this time.  So Bitcoin is a solution for people to secure their assets.  Because if viewed at this time, the tax policy regulated by the government will be burdensome for company management, the impact is to increase the price of their goods or services so that their obligations can still be accommodated.  On the other hand, there is a government fresh fund policy for a pandemic worth trillions of USD.  So with the large amount of money in circulation, this will trigger hyper inflation in society.  Bitcoin which can be a safeguard for people's assets today because of its value that is not affected by inflation and will continue to be in demand because of the conveniences offered that transcend national borders in general.  This is in my opinion how Bitcoin contributes to current government policy ..
1011  Economy / Gambling discussion / Re: UEFA Champions League Discussion Thread on: April 11, 2021, 02:03:09 PM
PSG beat Bayern in the first game. But I don't think PSG will be able to beat the tour. Bayern Munich is a strong team. Of course, so is PSG. This match that is in the mood for an early final. Everything will be clear on April 13th.  Rematches will be more exciting than the first game.

If PSG beat Bayern, according to many experts, they will be, along with Manchester City, the main favorite to win the Champions League.
Last season they were very close in the final against Bayern but they were unlucky.
This match between PSG and Bayern is not over yet and everything is still open and possible.

Bayern is indeed a strong team, but PSG should not be underestimated either.  So far, PSG's appearance is indeed quite stable.  And this is the background of the victory over Bayern yesterday.  Statistically, Bayern are superior in the match but Mbape's execution is enough to make PSG far superior to Bayern. I see that Pochettino has also had a positive effect on PSG because this team has become more aggressive in attacking their opponents.  This is the big hope of PSG fans.
1012  Economy / Economics / Re: The One World Currency: Is it Bitcoin? on: April 11, 2021, 01:04:53 PM
And people here are still happy to receive cash rather than bitcoin.

I'm not, I'd rather be paid in BTC than in fiat.  Because even if I receive fiat I will convert it to BTC.  The Fiat I receive will not increase and will be eroded by inflation.  Meanwhile, if it is given in the form of BTC, its value will continue to increase because its very valuable value is getting here.  I feel like you were quick to sum up everyone here.  It is true, between Fiat and Crypto one day there will definitely be sacrifices.  Because that is the law of the pyramid triangle of necessity, the more it is needed, the less needed it will be.
1013  Economy / Economics / Re: Janet Yellen to call for unified global corporate tax rate on: April 11, 2021, 12:11:22 PM
White people always vote republican, and they didn't vote for Trump last election cycle. He lost white suburban moms because his twitter use was unstable. I don't think many people were worried about tax increases when they shifted their vote from Trump to Biden. All they wanted was normalcy, aka a guy without a compulsive twitter addiction.


Whites belong to the Republic, but do you realize they are currently in opposition to the policies of the elected president.  Republican party members also considered Biden's infrastructure development plans too expensive, rushed and lacked proper planning.  They do not support this policy at all. Even the Democrats will carry out this law with their own party without the support of the Republic.  As was the case before, Biden's policy of pouring tens of thousands of trillions of USD was just for the pandemic.  It seems much better for a president whose tweet is unstable than a president with policies that are burdensome to society.
1014  Economy / Gambling discussion / Re: Premier League Prediction Thread 2020/2021 on: April 11, 2021, 07:25:03 AM
Although Manchester City loss from Leeds United last night I think they keep potential to be champion with left six match later, how ever Manchester United is not consistent every match to get three points and they left far points from Manchester City. Just waiting four match later if City always get win to be champion of primer league.
Losing to Leeds United, Manchester City remain at the top and Manchester United in second place, Leicester City in third.
And there is very fierce competition for the top four, there are Chelsea, Liverpool, West Ham United and Everton who will fight to be 4th in the standings.

It looks like Liverpool will fill the 4th position.  Seeing their previous matches, they looked consistent again with their matches.  I admit that previously Liverpool were quite unstable.  However, recently their performance has improved.  Chelsea and Liverpool are only 2 points apart.  If in the future Liverpool wins the match then these 2 points are not that difficult.  And I still believe in this choice.
1015  Economy / Economics / Re: Janet Yellen to call for unified global corporate tax rate on: April 10, 2021, 05:55:47 PM
This is exactly why the white working class voted en masse for Trump, despite his immaturity with some of the issues. They understood that Biden as the president could destroy their jobs. And Biden and his team has not disappointed us. As soon as he took charge as the POTUS, he started increasing taxes. The Republicans are facing a big dilemma now. In the states ruled by them, they have decreased the taxes and thereby created lot of new jobs. I am talking about states such as Texas, Georgia and Florida. But this job creation in turn attracts the jobless Democrat supporters from broke states such as California and New York, and eventually makes these states Democrat leaning. This is exactly what happened in states such as Arizona and Georgia during the 2020 elections.

But what is quite surprising about this policy is the support of the world's richest man Jeff Bezos for tax increases. Even though in 2016, this issue had developed, but Bezos opposed the policy and was a little hostile to Biden at this time. I'm a little surprised why now Bezos even fully supports this too forced plan? Is Bezos' support just a subtle hint at Biden for his pretty tense past regarding Amazon's corporate taxes?
1016  Economy / Economics / Re: Economy after COVID-19 on: April 10, 2021, 04:16:26 PM
It is true that the Chinese economy has benefitted enormously from this pandemic. The economy is back to normal levels in China, while in all the other countries, it is still in the recovery phase. But I don't expect any drastic change as of now, such as the Chinese Yuan replacing the US Dollar. China is still having strained relations with a lot of the countries (and the recent incidents in Hong Kong and Xinjiang has further exacerbated it). With Euro, it is another set of issues. The EU economy has been declining for quite some time now.

China has improved in its economic conditions.  It could be because of the way they handle cases that occur.  But unfortunately they are quite closed in the existing case data.  We can't just believe the data, because in my country the Covid case was faked.  So, this Pandemic is real or not, only the elites know.  The casualties are real, but this pandemic could only be engineered to achieve certain goals by the elite.
1017  Economy / Gambling discussion / Re: Premier League Prediction Thread 2020/2021 on: April 10, 2021, 02:46:41 PM
Leeds United has always been a thorn in a flesh whenever they play Man City statistically any of the two teams can win the match however despite Leeds Utd playing 10 men still won the match this is an incredible display their defence was is solid  The squad paraded by City are of good quality there shouldn't be any excuses that Guordiola rested some key players for their UCL return leg kudos to Leeds United for their excellent performance particularly their manager for parading a well discipline team

The disappointment was very deep for City, so many victims of betting on City this time.  The first team on the board can be defeated by the Leeds team who have very clearly had a red card in their match.  What's wrong with City, is there a lack of strategy because they feel like they're already in the sky?  What arrogance is this. It is clear that the statistics favor City but the luck at the moment is with Leeds.  Are you lucky that you need a struggle?  A game that hurts gamblers a lot.
1018  Economy / Economics / Re: The One World Currency: Is it Bitcoin? on: April 10, 2021, 01:02:44 PM
What do you think? Is Bitcoin the "One World Currency"?
Bitcoin is going mainstream, but know that bitcoin is not to exist alone, the value it has is because it is superior to others, so letting others too exist is not bad. Fiat and CBDC will exist, commodities like gold will exist while bitcoin will also still exist.

There will never be, one currency for all countries in the world.  Even the dollar cannot be used as currency for all countries, neither can BTC.  Every country has its own needs and interests.  How can different needs be combined with one medium of exchange.  This will be very difficult to implement.  BTC which was good enough was not accepted by all countries and China immediately made its competitors.  So that whether it's BTC or not, no one will be able to unite the country's currency.
1019  Economy / Gambling discussion / Re: UEFA Champions League Discussion Thread on: April 10, 2021, 07:40:02 AM
Chelsea is definitely going to end up winning I am pretty sure about that, they showed how great they are already in the first game and they will keep that up constantly as well, that is why I am going to think that there is definitely a chance to keep gambling on that game.

What I am not entirely sure about is the PSG-Bayern game because we are talking about Bayern here, sure they lost the first game and I understand that but we are also looking at Bayern... do I have to say any more? They could destroy PSG 5-0 and win that game, or they could lose that game, all of those things are possible, it is all about if they are on their day or not. Which is why I am a bit refraining from that, I may end up putting a bit of money on Bayern just in case. City will be at least an easy game and I will definitely wager the biggest on that one.

You're underestimating PSG, their game has been pretty stable so far and the buyers are quite overwhelmed against them.  PSG is not that easy to beat.  If you say other low-level teams then it's still a natural thing.  But this is PSG, there are a lot of star players there who are not easy to beat. Even the Bayern VS PSG match was won by PSG.  There is Mbappe, the star of PSG, then you ignore your assessment.  2 goals behind at the start for Buyern to start rocking.
1020  Economy / Speculation / Re: Next big news? on: April 09, 2021, 03:56:21 PM
Bitcoin prices have been hovering below $60k for quite a while now and for it to cross the 60k+ BTC need a high profile buying and good news that will trigger heavy purchase from the general public,  I guess the next big news apart from PayPal which have already helped bitcoin to rise to 2 trillion in market capitalization is highly needed to help push the price upward.
It is really hard to keep that price $60k. Some traders are also watching the trend and sell immediately when the price shoots up, so it drops again.
Only we need to give some hope that there is new and big companies will promote Bitcoin. Miners are showing some help to encourage traders to hold but we can't stop these weak hands to prematurely sell their Bitcoins, (and for some reasons).

But, I was already satisfied with what the market had shown to us now. $50k+ is really good and that enough to send a message those people who think Bitcoin is nothing and worthless are wrong.

If indeed BTC needs another hot issue to be able to increase its value then this is no different from other shitcoins whose prices are formed due to certain motives.  Most often, the fried price does not show its original value and this is very dangerous if you are not good at reading the signals.  However, if we talk about prices, we have the same ideals, which is whether this can provide benefits?  And if we want to make big profits, it Will be caused by The announcement of Mark Zu and Jeff Bezos have invested in BTC.
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