Bitcoin Forum
July 01, 2024, 01:23:45 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 [506] 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 ... 1214 »
10101  Economy / Gambling discussion / Re: Vegas Casinos to allow Cannabis Lounges. on: June 22, 2021, 04:01:08 AM
pros and cons because in some countries cannabis is legal and a necessity...

I don't think anyone will dare sue the casino when the cannabis user loses money because from the start they should have known that cannabis makes 'intoxicated' just like the liquor in the casino. the users who should be responsible for themselves.

Just because something is legal in the country, it doesn't mean that the casinos need to supply it. I don't know how this is going to be beneficial for the casinos. Even if there is no additional risk (as posted by you), I don't think that their revenues will go up as a result of this. What are the chances that the cannabis users will visit the casinos, when it is readily available elsewhere? Also, the chances that regular gamblers would decide to try weed in between their games is very minimal, in my opinion.
10102  Alternate cryptocurrencies / Altcoin Discussion / Re: Will stable coins take control of Bitcoin as crypto adoption in the future? on: June 22, 2021, 03:51:20 AM
Bitcoin was made too early for us people.
We don't even have the guts to take the risk of volatility and apply it to our daily system.
Because of that, I agree that it will be stablecoins that are near the truth of being the near future of financial development.

20 years. That may be the time that we will be ready for Bitcoin to be included in everything. I hope I am still alive to see that day.

A times, the volatility is a cause for concern. For example, in online stores, vendors selling various merchandise may suffer losses because the coins are kept in escrow for many days and by the time they are released from escrow, the exchange rates may have gone down. Stablecoins are good for such instances. Also, the online ecommerce sites should give the option for sellers to immediately convert the payments received to fiat cash (even if the funds are kept in escrow). That will reduce the losses related to volatility.
10103  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: June 22, 2021, 03:41:58 AM
In today's match I bet for Multan Sultans. I bet a lot of risk. Because Islamabad United was the favorite in this match. But I didn't think Islamabad United would lose all their wickets for just 149 runs. I thought the match would be competitive and Islamabad would be able to score at least 160 more runs. This was Islamabad United's second defeat of the season.

Very heavy defeat for Islamabad United, as they lost the match by 31 runs. Usman Khawaja made another good score for the United, but the other batsmen failed. And in the previous matches it as Colin Munro who formed the backbone for Islamabad batting, but this time he got out for 0. Sohail Tanvir finally seems to have found his rhythm. In the 4 previous matches he had only one wicket to his name. Also, Multans' signing of Blessing Muzarabani is proving to be a good move. He picked some important wickets yesterday.
10104  Economy / Economics / Re: Twitter ban, koo opens up. How will this play in Nigeriann business environment on: June 22, 2021, 03:31:07 AM
Is he saying the african youth of today are too young to know the violence of the nigerian civil war. He plans to speak to them in the language of (civil war) violence as it is all they will understand. That's messed up. I'm surprised he was banned for that statement. There are terrorist groups active on social media who are not banned for making threats or statements.

That is the issue with Twitter. They are quite selective in banning accounts and flagging them. As many users have posted before, the account of Mahathir Mohamad (former Malaysian Prime Minister) is still intact, despite openly calling for genocide of French people through Twitter. Many of the Hamas leaders have their Twitter account intact, despite giving out similar statement against the Israelis. However, when someone who doesn't belong to the left-wing or Islamist camp makes such a tweet, he is immediately banned. 
10105  Economy / Economics / Re: George Soros and Bezos have paid almost zero taxes on: June 22, 2021, 03:21:27 AM
Capitalism has its good traits as well as its bad traits and social injustice is clearly not one of the good things. America has been building its economic policy for centuries in promoting entrepreneurship, private initiative, and making money, which in the case of large fortunes does not quite align with the interests of the poorest, and we are faced with the dilemma that economic growth seems to be stimulated by lower taxes, but the poor and middle class suffer from this tax cut, when the rich, who are not at all poor, become even richer by paying little or no taxes. And a sense of shame is not the best helper in overcoming these contradictions.

I don't think that capitalism need to be blamed here, because there is no other alternative. Capitalism means that the vast majority of the people may have comfortable living. On the other hand, socialism has failed terribly. You can look around and examine what happened in countries such as North Korea, Cuba and Venezuela. The reason why these billionaires escape from paying tax is not because of capitalism, but because of loopholes that were added in to the tax code by politicians who support them. There is no need to blame capitalism for it, because these loopholes are not a part of it.
10106  Economy / Gambling discussion / Re: ⚽UEFA EURO 2020 Discussion Thread | Current Phase: Finals in June 2021! on: June 22, 2021, 03:12:02 AM
Quite disappointed with the Russia vs Denmark match. After their win against Finland, I was hoping for a better performance from them. But they ended up with such a heavy defeat. And the margin of the defeat means that they will finish at the rock bottom of Group B and therefore cannot qualify for the knockout phase. Also surprisingly Denmark managed to finish at no.2, despite losing two out of their three matches (I guess this scenario is unique to Group B). Meanwhile the toughest group matches are scheduled for Thursday - Portugal vs France, and Germany vs Hungary.
10107  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: June 22, 2021, 03:01:00 AM
40% Kiwis win
35% Match Draw
25% India win

With further rain interruption predicted, I see no chance for a win by India. Only two days of play remain and the second innings is not yet completed. Also, the New Zealand batsmen have restrained themselves from playing unwanted shots, and they have scored only 101 runs from 49 overs yet. At this rate, the second innings may not get completed in the 5th day. There is still a slight chance for a win by the Kiwis. For that, New Zealand need to put another 300 runs on board and then need to bowl out India without the requirement to bat again.
10108  Bitcoin / Bitcoin Discussion / Re: HODL...until when? on: June 21, 2021, 04:30:59 AM
HODL doesn't mean that you need to hold 100% of your coins for the next 20 years. In my case, I made my first investment in 2014. I still hold around 50% of my original coins from that time. But during 2015-21, I have sold a large part of my stash, and at the same time I have earned a few coins through signature campaigns and airdrops. Depending on your risk appetite and financial condition, you can also decide for how long you want to hold and how many of your coins can be earmarked for profit booking. I never recommend anyone selling all of their coins at once.
10109  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: June 21, 2021, 04:20:21 AM
The reason for the mixed performance by the overseas players could be the change in venue. When half of the tournament is played in one country and the rest of the tournament is played in different country, sometime it is difficult to keep the same form. Its not easy to adjust in all conditions so quickly.

That should be the case with Pakistani players as well, right? They are also playing the first half in Pakistan and then facing a shift in venue to UAE for the second part. Also, some of the overseas players such as James Faulkner and Tim David have performed exceptionally well during the second half of the tournament so far. I am more worried about some of the South African and West Indian players, who have failed to perform so far. But I understand that it is tough for everyone, with all these bio-bubbles and quarantine requirements.
10110  Alternate cryptocurrencies / Altcoin Discussion / Re: Exiting altcoins at the correct time is the best thing you can do do with them. on: June 21, 2021, 04:10:26 AM
I liked your rule, Hold Bitcoin trade altcoins. I like to trade with altcoins but all altcoins can't give 2x, 10x or 100x. Some altcoins are good for short-term trading. Bitcoin is going downward so I think we will get good time for filling our bag with good altcoins.

If Bitcoin goes down, then in the long term alts will go down as well. Even the established alts remain heavily dependent on Bitcoin. And also, since many of these altcoins are purely driven by hype (I am not talking about genuine coins such as Ethereum, BNB or Cardano), when the overall cryptocurrency market goes down, their prices get affected disproportionately. IMO, the ideal opportunity to purchase altcoins will come in the next few months, but this is not the right time. Wait until the Bitcoin dominance gets to 60% or 65%.
10111  Alternate cryptocurrencies / Altcoin Discussion / Re: Is this a bad time for altcoins? on: June 21, 2021, 04:00:45 AM
I also agree, there has never been in history that meme coins were able to last in the long term, they were able to grow but only briefly. It's better to invest in other coins because the risk of holding meme coins is too big in the long run

Memecoins can give good returns in the future. But that will happen only if the developers and the promoters take the necessary steps to increase their adoption and acceptability. And from what I have seen, the developer teams in many of these coins are inexistent. All they do is to plagiarize existing projects. Once the coin is listed in some of the obscure exchanges, the development comes to a halt. There will be no support from them, even if some major bug or security flaw is discovered later.
10112  Economy / Gambling discussion / Re: ⚽UEFA EURO 2020 Discussion Thread | Current Phase: Finals in June 2021! on: June 21, 2021, 03:50:16 AM
Yes italy team are looking strong in this tournament and they did not conceid a goal in a long time and they are creating a lot of chances in their games today they were unlucky they just scored one goal but it was a brilliant performance against well respected teams i think they have a solid shot on the title.

Italy is looking good so far, compared to the lackluster performances put up by teams such as France and Germany. The only issue I could see is a possible miscommunication between the coach (Roberto Mancini) and some of the players. And yesterday's match, there was some criticism directed at Italy for the fact that they could not score another goal despite the fact that Wales was down to 10 players after the 55th minute. But the important thing is that irrespective of the goal difference, they have three wins from three matches.
10113  Economy / Economics / Re: Why don't banks work with cryptocurrency? on: June 21, 2021, 03:39:27 AM
No need to generalize all the banks here. One issue may be with the regulations. In countries such as India, the laws regarding cryptocurrency are very unclear and the banks may chose to stay away from this sector in order to avoid crippling fines in the future. But I agree that there may be a few banks that may be concerned that at least some of the cryptocurrency transactions may be linked to illegal businesses. Still, they have nothing to worry in case they are processing transactions for some well reputed exchange with KYC requirements.
10114  Economy / Economics / Re: Trump regrets not banning twitter as he hails Nigerian government for doing so on: June 21, 2021, 03:30:09 AM
All the social media platforms are intermediary and the user is responsible for the contents they put out and the only times twitter flags someone if they are propagating fake news and promoting hate speech and if that is their policy then what is that a government can do about it. Twitter as a company is not interfering in politics as far as i know but it is a mass media and the users are using it as a tool to spread their political views.

It is a joke that Twitter doesn't interfere in the politics. Twitter CEO and the other important board members have clear political views, and there is sufficient evidence to prove that their actions were driven by their political ideology. Twitter, Facebook and Google all have actively interfered in politics using their monopoly in the market. Intermediaries doesn't differentiate between the users. But Twitter has selectively banned and flagged users according to their ideology and this means that they are not an intermediary.
10115  Economy / Economics / Re: Twitter ban, koo opens up. How will this play in Nigeriann business environment on: June 21, 2021, 03:20:08 AM
The Nigerian fathers and mothers had it easier as to the means to a job without the internet. This is as a result of the few educated people in their time and as such, the standards were low, at least low enough to the level as at then and with the fact that, only the financially capable could afford what it meant to be grown in a good school, it became easy to the selection.

Now, the nation is over populated with many educated youths without jobs leading them to sort resource where they could find them of which majority is about the internet. Using affiliate marketing, generating traffics, referrer programs and lots more yet, the government could only spot out a negative side of the use of these medias. Its a shame how we hope to be developed without understanding these little things or having a means before a thing could be decided to be unfit. Every politician or leader in Nigeria just feels all too powerful in a false. Its a shame.

The same arguments were made when the Indian government banned TikTok. But other social media platforms rapidly replaced it and those who were arguing in favor of TikTok soon lost its relevance. Twitter's monopoly is not good in the microblogging sector. I would say that this monopoly has made them extremely arrogant. They are banning political leaders for silly reasons and using their platform to spread propaganda. The Nigerian government has done the right thing in asking Twitter to act according to the laws of the land.
10116  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: June 21, 2021, 03:10:37 AM
The ICC has to push for that to happen and considering cricket has a large audience than any other sport if the ICC really push for an inclusion the Olympic association would have already added cricket.

The problem is that some of the powerful boards are still against the idea of Olympic inclusion. The BCCI has changed its stance, after Ganguly and Jay Shah replaced the Srinivasan-Pawar mafia. But the ECB and CA (along with CNZ) remains opposed to this idea (and that of globalization of cricket in general). And given the usual delaying tactics, I would say that even the target of 2032 looks not possible. All the ICC has done is to give some empty statements. They haven't done anything on the ground.
10117  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: June 21, 2021, 03:00:09 AM
Although New Zealand lost 2 wickets for 101 runs, but I am not happy with the performance of India's pace bowlers. We expect better bowling from experienced bowlers like Bumrah and Shami. And India has scored only 217 runs, now India will not be able to win if the bowlers do not perform well. They Will even fail to draw.

I thought that the Indian bowlers did relatively well, against one of the top test sides in the world. Devon Conway was batting really well and frustrating the Indian pacers. On top of that, the Indian batsmen had failed to put up a good score. But life was not very easy for the New Zealand batsmen. Bumrah was slightly wayward, but I could see all the three Indian pacers generating a lot of pace and bounce from the pitch. Anyway, I guess things will be different in the fourth day and the match situation may change.
10118  Bitcoin / Bitcoin Discussion / Re: Musk say's he'll re-invest in BTC when +50% of ASIC miners are GREEN on: June 20, 2021, 04:52:15 AM
Elon Musk is smart to say the target is 50%. As I know, the current percent of green miners (because they use renewable energy) is about 34 to 35%. 15% more to be green enough for Elon Musk to begin more investment and re-adoption Bitcoin on Tesla.

I think Elon Musk will see 50% soon. Old miners will change locations and energy resources and new mining farms will concentrate more on green, renewable resources.

Not a big fan of Elon Musk, and actually I hate him after his recent flip-flops with Bitcoin. But the green energy proportion may be >50% now, after China closed down the mining farms in Inner Mongolia and Xinjiang (in these provinces, most of the energy that is generated comes from coal). The vast majority of the remaining mining farms in China are located in the provinces of Yunnan and Sichuan, where it is mostly hydro-electric. So Musk should be happy about it and he can boast that he has "forced" miners to move to green energy (although in reality that is not the reason).

And despite the fact that many people would argue in favor of hydro-electric plants, I am a staunch opponent of this method. Generation of electricity from hydro-electric plants require huge reservoirs, and this submerges vast areas of the landscape (in some cases forests which are home to many unique species of flora and fauna). Also it disrupts the riverine ecology, by preventing the migration of fish and other species. It may be better than coal-fired plants, but I would rather prefer nuclear power.
10119  Bitcoin / Bitcoin Discussion / Re: Google has lifted its ban on crypto advertisements on: June 20, 2021, 04:39:13 AM
One thing is sure. The cryptocurrency market has grown so big, that Google can no longer ignore this sector. A blanket ban is not advisable, as the revenue will be simply diverted to their competitors. But I believe that this ban was not strictly imposed since the beginning of 2021. Because I have seen ads from Indian exchanges such as CoinDCX, WazirX and CoinSwitch Kuber on various internet portals, listed by Google Adsense (I am a resident of India and access internet through an Indian IP). Or do they treat these exchanges as separate from the main cryptocurrency market?
10120  Economy / Economics / Re: Economy after COVID-19 on: June 20, 2021, 04:24:00 AM
Covid will be very prolonged, it can't be stopped until now. There is even another new variant that comes from India, making a number of sectors, especially the economic sector, which had already risen, even slumped again due to the prolonged lockdown. Perhaps this situation to restore the economy as before is still very difficult . So I hope everyone should be good at managing expenses and income.

New variants, which may or may not be more contagious and lethal may come not only from India but also from the other parts of the world unless a majority of the population is vaccinated. The choice is very difficult. If you remove the lockdown and other restrictions, then it means that the virus will spread further and there is a chance that new variants may appear. Depending on the economic condition and the infection rates, the governments need to take a decision on whether to implement the restrictions or not.
Pages: « 1 ... 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 [506] 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 ... 1214 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!