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1101  Economy / Economics / Re: Maybe you dont like current financial system but its the way how it is on: May 23, 2022, 10:32:48 AM
This time, the crisis is complex. We are not witnessing problems resulting from financial mismanagement, as happened in 2008 or even 2001. Rather, there are several complex problems that may not end with war.

Therefore, the current conditions are exceptional. Therefore, I think that the economic shocks, even if they do occur, will not be long, because we have learned from our previous lessons, just as the world now expects a crisis to occur, and therefore it will be able to address it quickly.


All the problems lie with the middle class and the poor. Is it ready to face the crisis, or will it depend on the government?
People will always rely on the government in most cases. It’s just like what happened during the coronavirus spread, a lot of people were relying on the government. The situation was a difficult one, and people didn’t have a means to be able to provide for themselves, a lot of people lost their jobs due to the pandemic and those who had businesses had to close down for some time due to the declared lockdown, so it was really difficult for most people to Quote. Such a situation was hard for the mid class, and it would be worse for the lower class/poor.
1102  Economy / Economics / Re: Where to invest everything looking bearish on: May 23, 2022, 09:59:21 AM
The point is we need money but nowhere seems to be money moving fed better give us money forget about this inflation rate hikes...and start money printing again if usa cant print money we give rights to pump markets to other country if usa cant get the job done.

So lets nominate country who can pump markets and through the inflation to people who live in there
Any nomimations?
I would invest into something that is backed by a price of one pancake lol. Considering the inflation of the world, having something that is based on the actual price of a food or even an item would be something great. Even gold hasn't been done properly so far, if there was something like USDT but instead for an ounce of gold, that would have been something that stays for decades and have like one trillion dollarmarketcap for sure but it has failed to be done so far.

Government bonds are basically just government saying that they owe you one and that is what you trust and if it is the US many people trust those bonds but with bad governments that's a terrible one.
1103  Economy / Trading Discussion / Re: Some Errors We Make In Trading Crypto on: May 22, 2022, 09:01:54 PM
one of my greatest mistake as a trader is going into a Bullish market for a sell instead of maintaining my Buying position , when my indicator signified pull back in a lower time frame  Sad  ......later got hit by my stop loss
If my understanding is correct, bullish seasons are the right time to sell and buying by that time isn't really that good unless there's a higher price during that bull.

As for setting stop loss, that's really the purpose of it.

That's going to minimize the potential losses that you'll get instead of no stopping as the market plunges so it's still a good thing that has happened to you.
Stop loss is basically the motor stop of all crypto trading. It means that you are going to get out if something scary happens, prevent a crash and keep you alive. I keep saying that stop loss should be used in a way where you could be crashing so hard that it would be an idiotic move not to sell. Like for example Bitcoin dropped recently didn't it? You didn't need to do a stop loss there, you could make a long time purchase and just DCA that to recover in the quicker return time period. However when you see Luna, you understand why you need a stop loss, because if you did a stop loss even at 99% drop, you could have saved yourself and make more profit.
1104  Bitcoin / Bitcoin Discussion / Re: Russia's approval of BTC on: May 22, 2022, 08:28:24 PM
if Russia agrees to have BTC as legal tender, where would the Ruble be? It would be a double-edged sword for Putin, because everyone would buy pure crypto, and the currency would simply lose more and more liquidity, because you can't compare a government-backed currency to BTC and everything that has to do with crypto. In addition to the fact that the inflationary economy will always be below the economy that manages BTC, any deflationary economy will have more influence and much more guarantee than the traditional economy, it is no secret to anyone that the high hands in Russia manage BTC.
The idea is that if they do this, then they could make sure that they sell that bitcoin for ruble and gather all the ruble all around the world. Not just inside their nation, but get bitcoin from others, and this would earn them a ton of bitcoin, then sell it and get dollars, or euros, and then they could sell those and get ruble.

What this does is put a lot more dollars into the world since they are selling it, and taking more ruble out of the circulation because they are buying it. As we can see, that would work. However, they are already doing fine to be fair and I do not think that they would need something like that at this point.
1105  Bitcoin / Bitcoin Discussion / Re: Bitcoin has no future as a payments network, says FTX chief on: May 22, 2022, 07:45:19 PM
Lightning is advancing so fast that it's hard to keep up with the latest.

Right now you can setup a card to make tap payments using only Bitcoin, no legacy financial institutions required.

Here's a post I made about this: https://stacker.news/items/29647

So basically there's already a payment network based on Bitcoin that can be used with the same convenience as credit cards today.

There's no future for these institutions that want to keep charging huge fees for moving money around.
LN is not a bad method to use but at the end if people are not moving there then I do not know what good it does. I get that it is definitely a great method and it is cheap and it is fast, I used it before as well so not like I never tried it and it was the best thing ever.

I literally paid a few satoshi as fee and then it went to the address just a few seconds later, so it is the ideal thing and there is nothing wrong with using it if we are talking about only the fee and the pace. However, it must be a bit limited if everyone is declining to use it, consider why would people not use that if it is such a great thing, it should be used by everyone if it was okay.
1106  Alternate cryptocurrencies / Altcoin Discussion / Re: Justin Sun creates "the most decentralized Stablecoin" on: May 22, 2022, 06:56:10 PM
30% per year is quite large, and it is bigger than UST. that's why I started doubting this, since yesterday's UST issue I had a bad view on algorithmic stablecoins. plus Justin Sun's poor track record in the crypto space. made me think twice about trusting USDD. it is possible that what happened to UST will be repeated to USDD.
20% of UST seemed very high, then we saw 30% per annum for USDD, but KuCoin surpassed everyone and announced a promotion of 60% per annum for 7 days for USDD stake holders: https://www.kucoin.com/news/en-usdd-high-profit-staking-enjoy-an-apr-of-60 In this case, the profit received in 7 days will be higher than what you will receive in 1 year in a traditional bank.
That is not possible, I mean not sustainable and it will never happen. Sure they could do something about the current situation if they really work hard and find people who are willing to pay premium for loans and not have high default rate and all that then it would make sense. But at the same time, there is a good case to be made about the 20% point because it is not really that bad at all, it doesn't sound to unsustainable.

In the crypto world, you could gain 20% per annum and that is not too much and could be sustainable. Pluskucoin is at a level where they have a ton of money and could do something that would be very profitable at the end.
1107  Alternate cryptocurrencies / Altcoin Discussion / Re: New LUNA vs. Classic LUNA on: May 22, 2022, 06:21:59 PM
Kwon and his team are trying to waive their responsibilities to Luna, creating a new luna is not approved by many people but it seems that Do Kwon created a fake poll to convince his idea of creating a new Luna. It's all over there are still a lot of investment-worthy projects out there, we should stop thinking and hope this ponzi project will work again.
Many people are against it, that's the important thing that we need to emphasize. If people are against it, then he could do any fake poll that he wants and it will not be used and people will vote him out with their money basically.

It means that if he does it while ignoring everyone else, then it's not going to be a big problem, it is going to be quite easy to decide because everyone who owns any will end up selling and getting out and he would have to print more in order to cover the difference again and it will result with the same thing as Luna had to live and it will not change much. If that's the case then what's the point of even doing it?
1108  Economy / Speculation / Re: Reason why I put all my money in Bitcoin as a newbie on: May 22, 2022, 06:02:00 PM
putting money that you shouldn't is a big trouble in the cryptospace and that shouldn't happen at all times. We should be investing in the current situation and we should be saying stuff that are a bit more encouraging as well. Just invest the money you are able to lose and you will be doing a lot better, there is nothing wrong with that at all.

I believe that we should be investing something that is a bit more profitable and bitcoin is not as profitable as other stuff but at the same time it is going to be something less risky and that is how we are going to make money, with something profitable but less risky, so bitcoin is a great choice.
I have done that plenty of times before, so I agree with this. Back in the day every 1st of each month, I got my salary and kept it in bitcoin and I never cashed it out, when I first started this was a great idea because bitcoin price almost always went up so that means that I made some money, I got like 10-20% more than what I earned from my salary and that was a good thing.

Eventually it hit 2018 and I started to lose a ton of money and it went terrible. I made a ton of debt during that period and it was a bad situation and it resulted with something that made me understand that if you are going to cash it out in under 3 months, then do not invest it.
1109  Economy / Speculation / Re: Was $25K the bottom? on: May 21, 2022, 03:32:05 PM
The market has been red for more than 6 months, although a few days ago it was able to go up but in the last 3 days there was another correction so the price was below $30k again, I'm waiting if the price can get below $25k will buy more, many analysts believe that correction happens only temporarily and the market will rise again soon.
More of like 7 straight weeks of red candle. So I will say that the price will go on sideways now, and we may stuck in this price range for at least a week again or at least at the end of the month. But from my analysis, maybe in the next 4-5 days, we might see another minor drop. I say minor, just maybe in the range of $27k-$28k. So it means that this is going to be very hard next quarter.
I am not sure, I mean it looks like there is a good case to be made about the current situation not be that great and we have been in red candle for a long time but doesn't that mean that we could get a lot better in the long run as well? I do not know of course, I am just making an assumption.

I do believe that we should be being happy about the current situation and be happy about the current recovery so it could actually go up a lot more. I get that it is not going to be recovering right away, but it would actually end up recovering a good level soon enough I believe that. So, it will take a while before it recovers but not too long and even though it doesn't look like recovering, it doesn't look like going down neither.
1110  Economy / Speculation / Re: Best time for me to buy on: May 21, 2022, 01:49:45 PM
bitcoin is still at its current low and is at $29k on the charts so this is a very good time to buy bitcoin. it seems that a lot of investors have adopted bitcoin now either at its current price ($29k to $35k) or at a high, but I'm sure bitcoin will hit highs again. Basically 2021 is a red year and 2022 looks like it's going to be the year of the green light.
I think it's too easy to give everyone who wants to buy bitcoin cheap right now. Yes, many indicators are now showing that bitcoin price is at the bottom, like RSI or fear/greed. But in my opinion the bitcoin price has not collapsed much. At least it seems to me that there might be a short-term collapse and then a recovery. At that time you will need to buy.
This is basically the key point at all times. I mean it is definitely a great deal because it is quite cheap right now and it will stay like that for a long time as well. We shouldn't really consider the current situation as a bear market, we should consider it as a discounted price and that matters a lot. If we keep doing that then we could realize that it is a profitable business and it shouldn't be a problem.

However, if we keep trying to see it as a trouble then it is going to be trouble for you. There is a good saying called "a guy who says they can and the guy who says they can't usually are both right" that is the difference. You need to see it correctly.
1111  Alternate cryptocurrencies / Altcoin Discussion / Re: How to detetct any scam projects? on: May 21, 2022, 11:35:42 AM
Most of the scam projects have poor development and poor solution to their project and most of them are copy cats, some doesn't have complete information like no infromation of team member but some projects are complete and they are improving with their scam scheme and honestly it is hard to detect if the project and scam since it is hard to differentiate it nowadays.
This is not true. I believe that these days scam projects usually end up with much better development. I have seen plenty of projects where if the scammer didn't just do a scam project but went with a real project, they could have actually gone to a good level. But at the end of the day, they prefer quicker money and that ended up with people with talent to end up building great scam projects.

This has caused a lot of people to get fooled into thinking those projects are real, because of how much effort and talent put into it but that resulted with basically just a pure loss. I hope that there will be a clearer distinction, usually KYC is that thing.
1112  Alternate cryptocurrencies / Altcoin Discussion / Re: Should newbies Invest in new Projects on: May 21, 2022, 09:43:29 AM
Investing in new projects is not bad but most of the time they are scam and people trust them blindly investing in them without any research at all which is dangerous.So DYOR before investing in this market and invest small amounts that you are not afraid to loose.The more you learn about this market the more you know how it works.
Investing in a new project that will not turn out to be a scam or a shitcoin will be one of the best investments ever, but the odds are very low and that is the issue people are having most of the time. The reality is that if you are investing something on pre-sale levels, then you will most likely lose all of your money and many people have done that so far.

But, when we are talking about something that is a bit more rare here which is finding a good one. In that case you could make 1000x and this is what people are looking for. Many people basically say that if they invest into 1000 things and only 1 of them becomes 1000x then they will break even, so why not take that chance?
1113  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: May 21, 2022, 07:00:17 AM
We don't know any longer what the truth is because of very misleading stories. According to recent reports, Kylian Mbappe and PSG are nearing an agreement on a new contract. I think his signing with PSG again will be due to his enjoyment of Messi. He enjoys collaborating with him. Meanwhile, it's only a matter of time before Laporta pulls off the greatest football hijack in history. With Mbappe and Haaland, Real Madrid wants to build a super team!
One thing I don't understand about Barcelona is why they'd want Lewandowski in preference to getting Messi back again. Messi didn't want to leave Barca, and is clearly not doing well in Paris. If you're going to pay huge wages for an ageing star, why not get the one you know?
Because Messi would want a lot more money? Lewandowski is a great player and I love him, I would prefer him over Messi right now, but Messi has been a bigger name for many years now. So, if you get Messi, even if he plays bad, he would bring you profit, you could pay him 30-40 million a year and he would make 100 or more million in jersey sales alone, which is a great deal for any team.

But, since Barcelona doesn't look at the profit (doesn't matter even if they wanted to) and simply look at the salary (which is capped, hence the trouble) they are looking at a smaller salary earner and they believe Lewa would cost a lot less in salary.
1114  Economy / Gambling discussion / Re: ⚽UEFA Europa League Discussion Thread -- 2021/22 Winners: Eintracht Frankfurt! on: May 20, 2022, 09:51:14 PM
Europa league was full of surprises this season who wouldve thought that frankfurt would win it the final was as close as it could get first half frankfurt was better and in the extra time rangers almost snatched the win, frankfurt team need improvements they have some good players but they need a strong bench as well so they can have better results on the bundesliga and champions league next season.
Lyon, Monaco, Napoli, Leicester, A galatasaray team that sucked in domestic league but didn't lose a single game until Barcelona last game, Barcelona!, Leverkusen, West Ham, Porto, Sevilla, Leipzig, Atalanta. All of these teams ended up losing and the finals were between Frankfurt and Rangers.

This should be something that we all be shocked about. I do not know what could be the best thing about the current situation, if the fact that underdogs and not so great teams could have hopes thanks to this year and hope that they could beat the bigger names, but it could also mean that maybe big teams are no longer caring about europa which could be a trouble.
1115  Economy / Trading Discussion / Re: Few Steps To Avoid Losses In Trading. on: May 20, 2022, 09:19:17 PM
The good part of investing in bitcoin is that it is safe but at the same time it is highly profitable once the right time comes for it. If you can't wait any longer then this coin is not for you but feel free to invest in those shitcoins.
Bitcoin rise while altcoins follow, if bitcoin bear market starts, altcoins also fall even more. So, what did you mean by if someone can not wait longer to buy altcoin, when altcoins are following bitcoin threads. What you probably meant is that altcoins can increase more during bull market, but there are few altcoins that people would have been expecting to increase but did not during bull market.
That is true, if we are in a huge hyped bull market, just like when we moved from 10-20k ranges to suddenly be 60k+ in a few months, then altcoins could rise up even bigger. Maybe not ETH or BNB because they go up around the same levels as bitcoin and nothing bigger, but that will eventually make it a bit more interesting.

I believe that we should be focusing a bit more towards what could be done with smaller cap stuff. Because if there is a thing with 2-3 million dollar market cap, with a big whale getting in, you could make insane returns from it. This is why during the hyped bull runs, alts could be a better place to profit.
1116  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: May 20, 2022, 08:26:32 PM
Series of bad results achieved by Dortmund this season makes Lucien Favre have to lose his position as manager at Dortmund next season. Club has announced that it will not continue its cooperation next season and has chosen to sack Lucien Favren. Even though Dortmund was able to finish in second place, I don't think it's the best achievement considering the bad results this season and far adrift of points with Bayern Munich who won successive titles.
The problem is that they were doing great, they finished second and that should be a good result for them. If you were expecting them to become champions this year then you didn't follow Bundesliga close enough. Bayern already got the young talented manager which gave them good results, who are they going to get instead of Favre?

Dortmund played well enough, and he took the team to second and that would be the best position you could get from a team when you are not Bayern in Bundesliga. I am sad to see him go, but at the same time he could be getting to a team that would know how good he is and appreciate him much better in the long run.
1117  Economy / Gambling / Re: I want to change my email address. on: May 20, 2022, 07:29:31 PM
Do you think company should accept proofs like signing a message from the account(s) which was used for deposit and/or withdrawal?
If there was not deposit, it is really difficult to proof ownership.
They may do that but it would require lots of man-power and time. This casino is a one-man operation and I can guess that the manager of this casino don't have that kind of time. If the player loses his/her original email address it is pretty much over for him probably unless theQuin do a favor but I am not  sure if he is going to help every other guy that lost his email address. That would open himself to do lots of  mistakes and lots of people might get burned because of this. Long story short, you just don't lose your email, that's your responsibility.
I am sure that they may have some other people help them here and there, but it is a two man operation for sure, wetsuit and thequin are the only ones we know of that works for this place. Which is a weird thing when you consider it and amazing achievement for them as well.

This place is one of the most visited websites in the world, they are ranked insanely high, and they make so much money and they never have any problems at all nor any complaints and they have achieved this with just 2 people, in fact wetsuit got it to an insane level all by himself and just asked thequin for help later on. So, it is really weird because we never really see these type of huge websites, done by just two people.
1118  Economy / Gambling / Re: Would you support a collective boycott of all Russian gambling platforms? on: May 20, 2022, 09:11:47 AM
This kind of action is just a dependent thing we know the topic is just within the russia we don't need to get into the other country because they have their own side of it. Also if the platform only supports the war and the one part of the boycott we don't need to include those others that don't want to support the against of the both country.
I would love to boycott china by the way. I do not know what equipment or things that I used was manufactured in china, I do not check it when buying so I am not really doing my part, but if it was possible I would support it for sure. Russia is bad, but that doesn't make china good, they are bad too.

Just last year we were still talking about how they have literally started genocide the Muslims in their nation. I am not a Muslim myself but I have to say genocide to some other people who are not like me, is still bad, and if I only care about it when it's people like me, I would be a hyprocate, hence why we should boycott them as well as Russians.
1119  Economy / Gambling discussion / Re: 2022 NBA Season on: May 19, 2022, 08:11:09 PM
Luka is the heart of the Mavericks, without him or a not 100% Luka, that would mean trouble to them. Good thing for the Mavericks that Dinwiddie is starting to show some consistency, but it's still not enough though, Warriors are just too strong for them as a team. Honestly, I think we will be seeing a swept in this series.
Mavs is definitely great when Luka plays better, but at the same time Warriors is a team that could defend very well whenever they want to as well. This is why I believe that it is not going to be that much of a trouble just because Luka is a great player.

They can switch very well and they could defend Luka very well, in fact they can defend anyone very well. They have such a great offense that many people forget that for many years Warriors actually had one of the best defenses in the league, because their offense shined a lot more. We had a lot more teams with more threes in a game, and yet everyone thinks about Warriors is a three point shooting team and that's it.
1120  Economy / Gambling / Re: Gambling Brand Name or Site Functionality? Or Both? on: May 19, 2022, 01:54:56 PM
Having a well-known brand does not necessarily guarantee it will become a recommended casino because it will depend on how it can satisfy the users. If they can provide satisfaction, that is more than enough for the users and they will always remember that casino so they will recommend it to others or their friends. Users will also be aware of that because it is not a certainty to be able to become a casino that can get a reputation.
but of course it is better if they have a Best Brand in name or Domain plus the factor of good service and function will be the best interest of the gamblers like us.
combination of both will make us worth trusting this coin lol.
This is basically what we all agree on; it is important to have a great functionality and that is the most important thing, running that website with great functionality is the second most important thing, and having a great brand name is also important. Nobody is saying that name is unimportant, of course it is important and if you have a great name then it will definitely be a great situation.

However, if you do not have a great name, but have a great functionality and run the website amazingly then you could still end up with a great business as well. So, it is not a make or break, unlike functionality which is a make or break importance.
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