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1081  Economy / Economics / Re: Tech companies no longer friends (II) Google & Microsoft on: March 22, 2021, 02:01:07 PM
But to be sincere these companies always do some really stupid things just hurt others.

They will always act like that.  There are no loyal friends in the business world because the domination is competition.  There are no friends without profit.  Likewise happened with Microsoft and Google.  They will never be friends in a business context.  The ultimate goal of a company is when it is able to control the market and monopolize it so that the absolute profit rests with the company.  If at this time Google and Microsoft are not in line, yes, because they really want to be the one who is best.
1082  Economy / Economics / Re: Bitcoin Is Protecting Human Rights Around the World on: March 21, 2021, 03:21:11 PM
Yes, Bitcoin gives you all of this and more, financial freedom and the preservation of privacy in addition to transparency, governments and politicians like centralization, control and monitoring of everything, and Bitcoin does not give them that, so they hate Bitcoin.
Bitcoin is the beginning of the era of financial freedom, getting rid of the old system that is based on tyranny, confiscation of money, and imposing censorship on financial movements, and with the presence of Bitcoin, these autocrats will not be able to do anything.
If only there are tons of crypto facilities that can be used in everyday life like in groceries and paying bills without converting into fiat pr at least many atm machine to cashout without going or transferring in bank since in my country it’s still too hard to cashout due to many questions and suspicion of bank due to transactions from trading. Hopefully soon they will know how trading in crypto workd.

When talking about financial freedom because Bitcoin may be the context you mean by using Bitcoin, you are freed from the full influence and control of the Central Bank, but until now the development is that many countries still reject Bitcoin and even create their own country versions. If it is legalized, then it is only a commodity. Do you still think Bitcoin is that free?
1083  Economy / Gambling / Re: 🏆 Betnomi.com - Crypto Centric 🏀Sportsbook and 🎲Casino - 🔥Biggest Jackpots on: March 21, 2021, 02:26:13 PM
So this verification reduces cheaters, and affected amout of members who participate in predictors.

I agree that verification is used to prevent fake account and scam. But verification step for Betnomi, It would be better if Betnomi could just verify it in batch by using our IP address as verification because no matter how good the abuser , there is no way he could have 30 unique IP address. I hope I can participate in freebet competitions again.  Because few weeks ago, I made it to the top 20 and wanted to come back.
1084  Economy / Gambling discussion / Re: Premier League Prediction Thread 2020/2021 on: March 21, 2021, 01:00:18 PM
West Ham - Arsenal is tricky. I still have not decided to take a side for any team yet.
West Hamam United will likely try to beat Arsenal today. For me, the odds are better to bet on West Ham. They will do everything just to maintain the 5th position in the current standings. I doubt the Arsenal will do well today, and they will lose this time. I don't think there are many goals in this match, total is under 3.

I'm also betting on the safe choice which is Westham.  Because looking at his current position I think there will be a greater chance of winning at Westham.  But this match is also not that easy, because previously Westham also lost against Man United and Man City, so if they can't improve their performance then it is possible to lose against the bottom team.  Arsenal was quite good in the previous match even though they only scored 2 goals against Tottenham.
1085  Economy / Economics / Re: Can the world be without poverty on: March 21, 2021, 12:30:12 PM
I guess no because it's in human nature that they will take advantage to gain and to be above.
Education and employment can at least reduce poverty in every country. The poverty rate will increase if there are many unemployed in a country because of the narrow job opportunities. In this case, the government of a country is responsible for creating jobs for its citizen which in turn will increase its economic level.

The poverty rate in developed and developing countries are very different. In developed countries the poverty rate may be much lower than in developing countries, especially if there are still many corrupt official. My country is still categorized as a poor country in my opinion. There are thousand of college graduate who do not have a job which is increasing every year and has caused poverty to continue to grow.

Yes, education can reduce poverty but a world without poverty is impossible.  Because if at this time there was even distribution of wealth and really everyone was given 10,000 USD, then those who are currently poor will still be poor because they are not thinking about multiplying the money that will run out later but are lazy to think about buying everything they need and want.  As happened in my country, one region received a large amount of money for asset replacement due to land eviction.  The money that is generated is not invested but is spent busy buying a car which is basically a desire not a need.  That is the mindset that keeps poverty on this earth.
1086  Economy / Gambling / Re: 🏆 Betnomi.com - Crypto Centric 🏀Sportsbook and 🎲Casino - 🔥Biggest Jackpots on: March 21, 2021, 11:16:28 AM
Hi, can you help me verify my account?
my username is oHnK

Hi @Betnomi it seem you left me out and my account has not been verified yet. I was waiting for it to be verified so that I can join the predictor . Thankyou Betnomi  Smiley

Just participated in the new predictor for this weekend, amount of players is again lower than 40 people so free bet guaranteed  Wink.

Yes I think the reason that the predictor has lower than 40 people participating is because alot of people dont know that they need to get their account verified before they can join. Im waiting for mine to be verified so I can join next round and I think it will be better if there  more than 40 people playing rather than 40 and everyone was guaranteed the freebet.
1087  Economy / Economics / Re: Bitcoin after the pandemic on: March 20, 2021, 05:59:14 PM
We all also very much expect and hope for a high bitcoin price after the pandemic, but we must always be realistic and keep in mind other scenarios of the situation. A significant part of its current price for bitcoin was formed due to the attitude of investors to bitcoin as a protective asset, and measures of financial stimulation of the economy by state governments also play a role. But after the end of the pandemic, these factors will not be so significant and it is worth hoping and believing that there will not be a multiple drop in the price as a result of the correction.
Another thing to keep in mind is that the more the investors, the better it is for the market but all these investors are going to sell at some point for sure which will always create holes in the market and bring it down. One thing we all are skipping is that we have large investors into bitcoins like Tesla and MicroStrategy, instead of a lot of small investors, the latter being the healthier option for any market.

I am not saying we need to panic because the involvement of large investors also shows that bitcoin has gained more trust from investors and even more acceptance in the market. Just don't get carried away with the price and be realistic in your approach to where you want to sell, at some point you have to. If you have invested as a long term investor who doesn't care about the price at all, then you should not care what happens in the market.

It is true that if you look at the current conditions there will be times when investors start selling their assets at a certain point.  In the future, if there is a negative signal, it will definitely drop very deeply because most of the time, retail investors with a background are following the trend.  If negative issues come down from Tesla owners, the crypto market will be affected quite a lot.  Because Elon musk also has a strong influence in crypto.
1088  Economy / Gambling discussion / Re: Premier League Prediction Thread 2020/2021 on: March 20, 2021, 04:27:24 PM
BTW 1 of these matches will be played today between Brighton - Newcastle, bookies are hyping Brighton too much imo!

Perhaps they believe that Brighton has more chances today to get the win but to be honest, it's pretty weird since both of them are very close. Brighton is in 16th place and Newcastle in the 17th. For sure I wouldn't bet for Brighton's win @~1.65...

Bookmakers use the statistics of the last games... Brighton at least managed to win one game out of the last five!) And Newcastle, as far as I know, don't play some key players!
Another point - Brighton usually played well at home, except for the last two games against Leicester and Crystal Palace... Both games ended with the score 1-2... But Newcastle is outsider, so I think Brighton can win today!

Yes, I hope Brighton can maintain their game like yesterday, not like the previous 3 defeats.  Because if you see Newcastle's performance in the previous 3 matches they were quite stable with a draw.  I don't think Brighton will be that easy this time to beat Newcastle.  If they prepare a good offensive strategy it will be much easier but if not I guess they will be even.
1089  Economy / Economics / Re: Bitcoin millionaire lists reasons most will never be rich on: March 20, 2021, 02:46:43 PM
Mindset my ass, try to say that mindset to someone who doesn't know where to find their food for the day, do you think it will apply? Do not confuse pessimism with realism.

Maybe I've never been in such a position so that the mindset that I told seems like you can't accept it.  However, living with positive vibes will be much better than starting a life with prejudice.  Will thinking like that change the negative things that have happened?  Will continuing to think negatively make a starving person full?  I do not think so.  With the positive vibe that has been built inside, I think life will be much more productive.
1090  Bitcoin / Bitcoin Discussion / Re: The higher BTC goes, the bigger the risk/reward ratio and the less buyers enter on: March 20, 2021, 01:54:30 PM
You can't possibly, especially if coming from traditional finance (sorry to use such an overused term) that entering Bitcoin now or any time in the future could be riskier than entering at any period before 2020.

Every block it mines makes it more secure, more viable, more valid than ever before. Every crisis passed, every new upgrade made, makes it fundamentally stronger, more battle tested, more mature.

Price in short and medium terms are but flashes in the long term. Rewards may be financially "less" but risk is also significantly reduced. Ratio sustained.

Actually it is true and in addition, the BTC being a volatile is simply a risk now. I can say that it is very good to invest in BTC as long as you know the basics and the simple idea of it. The more the BTC go bullish the chance of risk getting higher too. But if you learn how to control or to have some explanations in it. But I suggest that we must be aware of the events and other things that might affect BTC because it is unpredictable and risky to push into it or to enter if you don't have amy idea what is happening to it.

I don't see that this is any more risky because from the start BTC and other crypto are volatile asset types so they never change at the moment.  We can mitigate the risks that exist in BTC with the knowledge that we continue to learn and even experiences from various parties can also be an insight for us in reducing the risk of this type of investment.  Risk management is very closely needed in volatile assets so that for me, until now, there is no difference.
1091  Economy / Economics / Re: "Looks as if #Bitcoin is eating #Gold". Good idea to buy some Gold now? on: March 20, 2021, 07:49:08 AM
Quote from: mindrust link=topic=5317999.msg56605715#msg56605715
It is cheap if you are earning Euros or Dollars I guess. If gold is very expensive in where you live, probably everything is expensive for you. Land is good too. I don't know which country you are in though. If you are planning to retire in your country and you are buying your land there, yeah it is also a good investment.
Yeah, that could be a good one only if in Euro or USD, and only rich families can afford that Golds. Anyways, unluckily I'm from Philippines where most people are too dumb to realize something important and from what I see on the economy right now, Land is the only thing to have a good investment with, good thing I have known crypto even if it's  a bit late on 2018.


Although land investment is quite good, this asset is not liquid, because there are many factors in it.  Such as geographic factors and price factors that are not fixed and price determination is only through negotiation.  If gold is too expensive, perhaps it is best to buy crypto assets apart.  Because seeing the many comparisons, gold is cool but it is too old if investing in an insurance context always ends in gold because at this time.  Printing of money is not even guaranteed by gold anymore.  So what's interesting is Bitcoin and other crypto assets.
1092  Economy / Economics / Re: Tesla Bought 1.5 B in Bitcoins on: March 19, 2021, 04:09:23 PM
There has been another sharp drop in the TSLA prices. The share price went down by 7%, from $702 to $653. I am wondering why the Bitcoin skeptics are not arguing that this is due to the BTC purchase in January (as they have argued earlier). On a serious note, there is a lot of hype surrounding the entry of Volkswagen in to the EV sector. Tesla has got a serious competitor for the first time in this sector, and that is being reflected in the share prices.

I don't see why anyone would link the fall in Tesla's share price to the fact that the company invested in BTC back in January 2021

Maybe simply those who think that Tesla's stock price fell because of investing in BTC is because BTC is a very volatile asset and management policies investing in very volatile assets are something that is very brave because if you profit you will get big profits and if you lose then you will lose a lot.  too.  But this kind of thinking usually belongs to people who are quite unfriendly to crypto and hate crypto before going into it.  Even though from the point of view of crypto holders, this is a very forward step compared to other companies.
1093  Economy / Gambling discussion / Re: F1 Formula Sports Racing - Sportsbet.io promotions & discussion thread on: March 19, 2021, 03:16:54 PM
Sportsbet was alwaysa fan of F1. We are a small group of people who always talked about news and rumors of F1, who are passionate about motorsports in general and we are here to share and learn more about this sport.

I just saw the post from F1 and it seems tonight we are getting Drive to Survive season 3 ? This season will be a glorious one just because he will have a lot of flashbacks from Schumi era while Hamilton is making history by taking his 7th tittle and equal Schumi.

Hamilton's contract extension to enliven F1 this season.  Even I still believe he will be the first champion again but with the title I hope Hamilton does not become arrogant and end up performing poorly this season.  What I see is that his tough opponents from the Redbull team are also preparing an interesting opponent for Hamilton this season, can't wait to see them in their final with a deadly corner again.
1094  Economy / Economics / Re: Bitcoin millionaire lists reasons most will never be rich on: March 19, 2021, 01:55:45 PM
The reason that people will not become rich is because there are people out there that do not want others to go up so they will do anything in their power to keep others from reaching their full potential and become rich by not providing opportunity or discriminating on who will get the work.

I don't think so, we don't live with bad thoughts because it will affect the vibes of your life.  The more positive you think you will get positive results too.  There is a lot of knowledge that can be learned in this world to get rich now if you are ready to get rich.  The true rich concept comes from the mindset.  Want to buy a house cash or buy on credit is only a choice of our mindset and how dare you take risks in life.  In life, it is like an investment theory that the higher the return received, the higher the risk we will bear.  The concept of conglomerates can never be challenged if we start out with this negative way of thinking.
1095  Economy / Gambling discussion / Re: Premier League Prediction Thread 2020/2021 on: March 19, 2021, 11:56:24 AM
~snip~.
b) Will Liverpool qualify for Europe at all? Personally I think their most likely final position in the table will be 8th.
The opportunity for liverpol in my opinion is still there. Moreover, they currently qualify for the quarter-finals. Their performances at UCL are better than in the league. Especially if Liverpol is able to win this is a surprise, and if I'm not mistaken it will increase the slot from the league for the number of clubs playing at UCL. I think they will try to give their best in every game. Just look at the last game in the league they won. Maybe it could be a turning point for their game to return to the europa zone again.
After so many defeats , Liverpool should play much better.
Otherwise they will not get to the top 4. I still hope they can move up the ranks from this 6th position.  For the next match against Arsenal, I hope they can provide additional points so that at least they can get to the top 4.  Because it would be very sad if from the start they led and ended in the final outside the top 5. It would be disappointing if that really happened.
1096  Economy / Economics / Re: "Looks as if #Bitcoin is eating #Gold". Good idea to buy some Gold now? on: March 19, 2021, 01:33:38 AM
You shouldn't see it as an investment. I mean, it is an investment but it is more of an insurance.

There might be a time in the future where you'll need physical gold. I am not talking about the gold in your bank account. I am talking about a mad-max like scenario. Gold will be your hedge against the full system collapse.

It is a life insurance.

What happens when your home catches fire and you don't have an insurance? You'll lose your house and get nothing from anywhere to compensate the damages.

The same idea applies.

If the whole systems goes down and people go back to the gold standard, then you'll have 2 options:

1- You have some gold and survive.

2- You don't have any gold and die.

You can apply the same logic to bitcoin as well. If the whole world wants to use bitcoin as the new reserve currency, it is probably good idea to have some around. Diversification...


Maybe I am getting too used to seeing all assets as investments.  Indeed, on the other hand, the assets we have can be used as insurance for life today.  The investment concept is the same as the advanced version of savings.  When talking about savings as life insurance, this is the basic thing that everyone thinks.  Indeed, the fact is that by having assets such as gold and bitcoin, the bad conditions we experience can be covered by assets that we have set aside from all the necessities of life.  Income = Expenses - Saving.  With this concept, life can be maintained in the future.  And if you choose the type of asset, the financial concept is used so that it can generate great benefits.
1097  Economy / Economics / Re: Bitcoin millionaire lists reasons most will never be rich on: March 18, 2021, 03:12:00 PM
If you have expertise in investing then buying a house on credit is much more profitable than buying with cash.  Because the total savings if you buy a house in cash will be disposable, but if you are a financial engineer, your total savings are more useful if invested, you can return each month to pay your home loan so you get two benefits at once.  Your savings remain intact and you can own a house within a certain period of time.
1098  Other / Off-topic / Re: Corruption and Sports on: March 18, 2021, 01:55:08 PM
It might be their solution for a faster way of retirement.
Making money out of sports is limited. When you are not that strong anymore (old) they will kick you out.
Injuries is also a problem. Accidents can happen anytime.

What happens afterward if you don't find anything to make money?  A job. Companies with age requirements and will try to avoid old applicants.
This is just one of the reason I can think of.
There may be more.

If it is on of their reasons, I guess I'm gonna be disappointed. Because it's not them who will decide when will the players would quit their passion, that would be devastating for them having no choice but to quit because of corruption in sports, that's pretty messed up to be honest. Athletes are not playing their sports just to earn money, it's because they like it and they dedicated their life for it because it's their passion.

The problem about certain Government is that they abuse their power, they want to control everything so that they could have the profit from all of us.
Not true actually because people who represents their national on international level will be rewarded with a government job in some sector with lot of other offers but who needs a job when they already have money and ready to become an investor from the next day after their retirement?
Who knows about that because if they want to have a job, they can accept the government's offer to work as many people and earn more money monthly besides becoming an investor.
Many athletes work in the government office as a staff, so they can still use their skills from the academy, and also they can back to the sports anytime, especially if their instance needs them.
But we hope that the athletes who work in the government's staff don't commit to making money but should have an effort to serve society.
Besides that, if they can be government staff, they can retire with a monthly pension income or they can get a pension in their old.

It is too strange if the reason for corruption is due to fear of losing a job due to old age and not meeting the requirements.  Humans are given reason to think and while working in the world of sports, they should have mitigated this from the start.  Isn't it just sportsmen who have age requirements.  But there are many other types of jobs that have these requirements.  So, I strongly disagree if the corruption mindset is motivated by a lack of sense of work.  Those who are corrupt are not less intellectual but lack faith.
1099  Economy / Economics / Re: Your pots of money and thinking long term / retirement / life after retirement on: March 18, 2021, 12:26:52 PM
It's quite interesting that you are giving financial literacy to readers, but in my opinion almost all people in this forum are traders, investors, or just information seekers related to crypto assets whose financial literacy is basically quite good. Thus, the financial literacy approach taught should be different. Young people who have savings in a commercial bank account are an example of a big loss at this time, because if the story goes into banking, it cannot be separated from inflation. No matter how big the value of your bank savings will be if it is transferred to investment assets such as stocks, crypto, gold and others.
1100  Economy / Economics / Re: "Looks as if #Bitcoin is eating #Gold". Good idea to buy some Gold now? on: March 18, 2021, 11:55:44 AM
I think everybody should own some Gold whether they like it or not. It is like an insurance. Bitcoin is seen as an insurance too but there is still a possibility that bitcoin can fail but gold has proven its worth over 5000 years as the ultimate store of value.

Diversification is the key. Get some gold, get some crypto, get some FIAT, get some stocks, some real estate... Sell the one that has mooned and buy the one that is still cheap.

Imo Gold is now very cheap.

Asset diversification is indeed a mainstay of large investors because by implementing a good portfolio strategy you can increase the wealth you have invested. Not only nowadays, but people have always used gold as one of their safe assets so that they can mitigate if the volatility of other assets is bad enough. However, the proportions given are quite difficult choices. Because the higher the return, the higher the risk. Gold is an asset that is quite low in risk compared to other assets and that is why the price of gold is not very attractive to invest in in the short term.
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