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1121  Economy / Exchanges / Re: Cz or the Sec who would you support? on: July 15, 2023, 05:20:24 PM
i still side with cz . if binance does exit crypto then crypto's largest market will be exhausted, and i believe it will affect the crypto community in at least a 30 to 50% drop in crypto volume will be lost. building binance also must have been a long struggle, but if it was that easy the SEC closed it I think financial freedom is indeed more complicated than before.
Binance exiting crypto is a big if to be honest and I don't think that they will easily fold against SEC, also I don't have any firm knowledge about this but isn't Binance an International company? Meaning that they can still operate outside US? I need clarifications on that. You don't need to worry to much about this though, I am sure that they won't be able to shut down Binance.
Wow, that was a tough one! And you agree with these charges? You're right that no company, crypto or otherwise, should be able to hide in the shadows, but don't the decentralised and anonymity of cryptocurrencies lend to their appeal? To me, the idea of a "internal kitchen" is a hilariously ironic twist. Don't get me wrong; I support laws and rules when they are necessary. Calling on a sector founded on secrecy to open up more is like asking a cat to talk. Remember that the point of cryptocurrency is to circumvent the banking system as we know it. However, the SEC's actions are predictable. Regulatory agencies carry out their mandates. It's inevitable that they'll start participating as the cryptocurrency industry expands. This is not to say that we should immediately side with the accused. It's more about striking a middle ground where both perspectives can live.

Not to be bias and take side, CZ and SEC both have a thing in common and is money hunting, while SEC may be doing his hunting from the bigger thief that happen to be CZ and Binance and CZ is stealing from the people he is always ranting he cared dearly for, if a thourogh investigation is done on Binance, there is no way he will be able to deny it that they are clean and transparent but because the SEC knew that going after them will hid to nothing because only a crypto person will understand that Binace will be good at cleaning evidence. However, SEC is doing behaving in a silly structure by labeling all the top altcoins as security which I see as way to crack down Binance and crypto companies. It is not making sense with the way SEC and XRp ended in the court and there reputation to the public will no longer be there.
1122  Economy / Economics / Re: Economic problem, why is fiat difficult to hold. on: July 15, 2023, 05:09:53 PM
El Salvador even has programs that will allow the best students to get jobs in prestigious companies after training, but what I like most about El Salvador is that the population has the opportunity to store their savings not in fiat but in bitcoin.

This is an advantage when you know that bitcoin is officially supported by the state, and the state contributes to the education of the population, those who wish it. So although Salvadorans can also keep their savings in the US dollar, which is also pretty good at dealing with inflation, but bitcoin can give something more, it can also be a great investment.

Many people may not see concern regarding El Salvador expansion of the country and the adoption of Bitcoin, I love the progress he is having with the people coperation and the adoption of Bitcoin but I have been thinking what will happen to his legacy when he no longer the acting President of El Salvador, election is fast approaching by next which will be by 2024 and some party that don't like him have become anti Bitcoin, using that strategy and games to manipulate people on how Bitcoin is been force as a legal tender instead of been voluntary; that been said.

For now, Elsavador can only contribute only little to their welfare, the investment has been a negative PNL since they resume buying in December, but they will be even when BTC return around $40k but they wouldn't have anything as profit until they wait for $50k and $60k and I don't think they have plan to sell at these minor prices. Before El Salvador will earn from their investment, it will take a lot of time.
1123  Economy / Economics / Re: How Long in Years Should I Wait Before I Close Down an Unprofitable Business on: July 15, 2023, 04:52:36 PM
I guess even 3 years is already long enough. Once I’ve never seen the positive impact of my business and it never shown any sign of progress in just a year or two, then leaving it could be the best thing to do than to prolong my business while there is no sufficient amount of income that is getting in. Otherwise, I might be triggered to take loans and might end up regretting.

A business need to be check before launching it, the factors and the enviroment if it is going to succeed in that enviroment or not, how will a business be alive for 3 years without a profit, its like one is running a business and with loss and still paying for the loss because you will have to pay for the rent, the electricity bill, and taxes, whether you are making profit or not, it is a must and it must have to be paid.
What I think any business person should when a business is not profitable after a proper business plan should make some changes after six month and if there is no any changes after another six month, then I think the owner need to dismantle the business and face the next way out, at most 2 years is enough to finalize the decision of the business profitability.
1124  Economy / Trading Discussion / Re: your opinion about the current fees on: July 15, 2023, 04:34:58 PM
Hello , we're  all seeing the rising fees when it comes for crypto payment , as an example : "buysellvouchers" got it's fees from 0.4% to 0.5% when buying , and if we include the network fees too, it starts to add up , so i'm here to ask about your opinion on the best crypto to use to get less fees and be optimal , is it bitcoin ? LTC, or simply usdt ? especially when trading big amounts ( i'm pointing the treatment speed and value ), thanks for your replies.

I didn't quite understood what you mean by buysellvouchers until I did some google search and found it is centralized exchange that is based on USDT, gift cards, Bitcoin and other popular altcoins in the market but you should know that any centralized exchanges can increase their fees without other exchanges increasing their own and from their, it is very simple to choose the one you like and the ones you think have been milking your money because you choose to use them.

There could also be another reason why you maybe using this particular exchange but if it is because of p2p and local banking, Binance is cheaper and have less trading fees and also offer a 25% discount on when you hold their BNB, and I think the P2P is not limited to Binance alone, Kucoin has the same features and they are quite moderate to used with their fees as a regular trader, no deposit fee is require or any other charges but you should know that transaction fees are cover by you since you are the sender moving it from a wallet to an exchange.
1125  Other / Archival / Re: [GUIDE] Who are Professional Traders? on: July 14, 2023, 09:26:07 PM
Great guide,but I have one question.
What's the point of you posting this guide on the forum?
What's the benefit for the newbies,if they learn about the difference between retail and professional traders?
Trading is just trading.I know that the professional traders make less mistakes and have better risk management,but who cares.At the end of the day,almost 100% of all cryptocurrency traders are amateurs.
I have never seen a professional cryptocurrency trader,who is trading with other people's money.
The people,who claim that they are professional crypto traders and provide such services are 100% scammers.


You seem more like a person who is attacking a fellow person than sharing your opinion, the forum is simple to understand and that is why we are all here, easy to learn and there are some people that love reading some writting that has been summarize for easy understanding. If you give another person to write this guide, it may look different and learning it might even be difficult to understand but I will admit that I like this one.

Secondly, because you think something is the same will be different from another person opinion even when you are the right person, don't generalize and say trading is trading, they are different and this is just one of it that OP has explained but you are right about professional traders been scammers, we really do have them just that they are few in numbers and scammers used them as bait to scam people of the their money.
1126  Economy / Trading Discussion / Re: How do I understand Bitcoin charts? on: July 14, 2023, 07:51:08 PM
Good day, esteem members of this prestigious forum, please do not find this question unnecessary, I need experienced investors who knows that understanding charts is part of investment strategy and means to maximize profit,  enlighten us on bitcoin charts. If there is any thread explaining chart, please kindly drop their link.

I know there are different types of charts, you can Explain the chart you know in it's simplest form.


The two basic chart view that you can understand is the line chart and the candle chart but for the sake of other trading lessons, I will advice you to use the candle chart. With candle chart, you can switch between trading timeframes and still understand what is happening and the price action, to draw your support line and the resistant line can be visible in different prefered time intervals and the candles can easily tell you what is happening in the candle, like when people are selling and the sign that the market will go upward or downward and it is even easier to use with the indicators between the chart and as well as beneath the chat.

If you can further learn about trading candles, trading chart or rather Bitcoin chart will be easy for you to understand like the hammer, the doji, shooting star and so on, there are many of them to learn, go through google and you will get link to website to learn this thing. I will have love to give you some thread in the forum but the images are currupted because of the Imgur error.
1127  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: July 14, 2023, 07:30:38 PM
Liverpool experienced a decline in form because Mane left, as well as when Ronaldo left Manchester United to join Real Madrid.
Good players will definitely be missed by their erstwhile club, but if the team is made up of quality players, their absence will not be felt that much or for a long period of time. Liverpool didn't have a bad season because of Sadio Mane's exit, they had a terrible season because most of their players were in horrendous form and the manager wasn't able to bring the best out of them. I think clubs should always allow their players leave if they say they want to, a football club should not be built around a few players but the entire team.

Is Mane an exceptional player, yes! Did Liverpool miss him, yes! Did liverpook fell off because of him, no but the absence was felt. We can't denied the fact that Mane played an important role in Liverpool forward last season, he was the best thing that happen to Klopp ever since he came into that club but then as you said, the rest of the players were in zombie mode as if they weren't doing anything at all but I doubt if Mane remains in Liverpool, the situation would have been better, no player that was signed could do the combined assist and goals he scored in a season was done by any of them, not even the old ones like Firminno nor Jota did what he did in his last season in Liverpool.
1128  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: July 14, 2023, 07:14:04 PM
Whether there are injury problems or not Arsenal is expected to perform excellently well in next season's Champions League and as well as English Premier League  Injury is part of the team and every good coach should at least plan for injury. It is an unforeseen circumstance that happened to every team.
Among the English Premier League clubs that went for the Champions League. I am very confident that Manchester City and Manchester United with Arsenal will do very well. But I am not sure of Newcastle because it is their first appearance for almost two decades.

One thing you don't understand is that two decades ago is not the same as now, and the squads from two decades ago are not the same as the present ones. We can draw assumptions and predictions based on their recent performances prior to the end of the previous season.

Newcastle's players are currently outperforming some of the top clubs in another domestic league competition. If we compare and contrast, you'll agree with me that even if Newcastle United doesn't advance far in the Champions League, I'm confident they'll reach the knockout stage.

Arsenal are also good, and I don't expect anything less from them despite their inability to qualify for the Champions League for quite some time now.

Assumptions should be made with fact and that is what some people don't understand, a lot people has downgrade Arsenal because of their coming back to the Champions League but they don't understand that anyone can build a good team and challenge the rest and that was what Arsenal did and was able to show face again in the Champions League since 2016/17 season but look at my Arsenal, we will be coming to disrupt the Champions League ones just the way we did back in the Premier league.

However, I think it is too soon to give accolades to Newcastle that they will make it to knockout stage, this depends on who they are pair in the group stage. I can't imagine how they will struggle if they are contained in the same group stage with Manchester United, Manchester United and Barcelona, I'm just saying you know as anything can happened in the group stage.
1129  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: July 14, 2023, 07:03:41 PM
As I understand it, Kane does not sign a contract extension even after he was offered top conditions (at the level of Haaland), so Tottenham risks simply losing him in a year without any compensation. As for the statistics, I don't think they matter to him - for example, Lewandowski left Bayern even though he had chances to surpass Müller and that would have been epic. After such a long career, the number of records and various statistical achievements is such that they mean almost nothing.

Yeah, Kane doesn't seem keen on extending his contract no matter what. This is going to be his last year at Tottenham so are they really ready to lose him for free? Because I don't believe that Tottenham would be okay with losing him like that while they can get a really good amount of money for his transfer fee. They need to let him go by easing things for Bayern Munich a little more.

Bayern Munich offered €80m with add-ons the last as far as I know. Levy shouldn't resist for getting at least €100m. I think they can find a middle way at around €90m. Levy must be aware of the serious situation that they will lose him for free certainly.

Tottenham don't need to depend on Kane. They can sign an average level but good scorer also. It is all about improving their team effort be more successful at the end of the day.

There is not a need for Kane to extend his contract in Tottenham, he is still young and vibrant that has energy to play along side other teams that can assure his journey to win any cup and trophies but he has been the one that has been putting Tottenham on the map of leagues and at end of the day, they don't achieve much. Its better he remain a free agent without a remote control, he should decide and move to a new club that want him, the new contract of $400k they are offering him may be a trap.

I think Bayern Munich offer is not bad at all, and been signed for $80m offer is not a bad deal, sometimes he just have to settle down for what is available because that is the only club that has been pushing to sign him and always open to discussion, I believe that if Bayern Munich is an English club, he would by now abandoned Tottenham.
1130  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: July 13, 2023, 10:18:30 PM
Arsenal have been heavily criticized over the past few seasons, but Arteta is slowly showing and seems to be saying that he just needs a process that will improve the team's performance. I really understand that because indeed if a club wants to create a good team framework then the process will be long and maybe in the process it will be a lot of disappointment because it doesn't match expectations.
Last season he was able to display a neat game, even he could have led Arsenal to become Premier League champions if only they had not lost stability towards the end of the season.
Next season he should be able to work even better, because in the transfer market he brought in several players who could make a difference to their game even better.
Slowly but surely Arsenal found something that was missing from them a few years ago.

They are critized and I know why because I'm a fan with Arsenal I shall no matter what the bad mouth thing they say about Arsenal, we remain gunners for life. We are here already in the Champions League many have said we will never come, Arsenal will be coming this coming season with Declan Rice and other good team members that we had already to win the Champions League. I know haters gonna hate but that is the truth.

Arteta was able to change Arsenal performance because he is also experience because he had played for Arsenal and has also worked with Pep Guardiola years back, he had gotten the experience he needed to reform the team and last season was only the beginning, this season will be different as we going to maintain the Alphabetical order as they are before the season begins, A for Arsenal remain gallantly.
1131  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: July 13, 2023, 10:01:21 PM
A pretty good debut for Mount. The 2-0 win certainly made Man United happy because many young players were displayed by Ten Hag. Although Mount didn't score, he played pretty well. Although he only played 45 minutes, he was able to immediately adapt to Man United's style of play. Although Leeds is not a strong team, but Man United at least have the opportunity to try some young players. This result does not illustrate the strength of Man United, they still do not play in full team condition.
It is pre season match and Man United didn't play against a big team. So, we can understand if Ten Hag gave more opportunities for young players. Man United doesn't need to force their main squad to play. However, I was still surprised that Varane and Martinez became the starters. Leeds United didn't put their main squad, too. I think it is better to put Maguire and Lindelof as the starters.  Grin

Regarding Mount, it was enough for him to play 45 minutes. Sure, he played quite well although he didn't contribute significantly for Man United. He needs more time to adapt with Man United tactics and the characteristics of all players.

It is called friendly match because it is meant to be friendly between players and as such, aggressiveness and try so hard wouldn't matter to players, I don't think the friendly match mean something to rate the team or individual efforts and performance, it's just a regular match that if you observed, almost all the players were substituted so that many of them could have chance to display their presence in the match. Until the beginning of the season before we can something valuable about the players and their potential and that's how we are going to know if the amount are well spent on this young players.
1132  Economy / Gambling discussion / Re: Gambling is more important for crypto users? on: July 13, 2023, 09:40:42 PM
Can you explain me why i need to learned gambling?

Simply put, here only millions of money are managed by asset owners, so where i have no money. In fact, i have ideas about gambling, but I don't have the ability to spend money there.

It's all about mindset and perspectives, when you want to carried out an activity, you put your mind and soul into it else you may not even complete it when you start it, that is how gambling works, it is not different from that because to gamble, your mind must be made up and when you make your first trial and second trial and you win something substantial, you will be encourage to come back for more and there is this fun aspect of gambling that comes with it, it becomes more fun when you keep winning and becomes emotional when you lose, that is how gambling works, it is exciting when you win and sad face when you loose but using the money you can't afford to lose will make you forget quicker than you think.
1133  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: July 13, 2023, 09:31:43 PM
Sadio Mane's market value dropped by 45 million euros in a season since he joined Bayern Munich. I think this was really a big mistake in his career. We were watching Mane - Salah duo doing amazing things at Liverpool. Mane was one of the most crucial players for the team. He wanted a new adventure but this hasn't been going on well for now.

He made a mistake but not a mistake for making good decision on moving from Liverpool to Bayern, he made his choices and select Bayern Munich because the pay was good, the mistake I think he made was punching a fellow player which Bayern see as a lack of discipline and they decide to humble him but I think this is unacceptable and not friendly to drop someone career in the name of punishment, he apologized to the player he punched and was also suspended for a match, the punishment is enough to correct his mistake next time.

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Tuchel also didn't give him many chances in the matches he managed Bayern Munich. Mane is also not very satisfied with his situation at the team now and he is an unwanted man on one hand.

I wonder how this will end for Mane. I don't feel like he will find a European team anymore. His wage is very high now.

Tuchel used him and allowed Mane to played, the only time he was not allowed to play was during that his punishment from the club and that was towards ending of the season that was why he didn't show up most of the time but if the club wish to sell him, he don't deserve this humiliation to the point of selling him less than what they bought, Mane is more than a regular player.

1134  Economy / Gambling discussion / Re: Have you ever felt remorse after gambling? on: July 12, 2023, 10:25:37 PM
Gambling is not merely a game of winning or losing; it involves staking one's money.
Thus, there's winning and losing because it involves money.

The guy is talking as if he was force to come play, it actually involved staking of money but nobody put a gun at your neck to stake the money, the better is willing to take a risk because he knows there is chance of winning and there is also a chance of losing, there is nothing to be complaining about if indeed the player is a calculative risk taker and as bettor, if you know your ways, your winning will be more than what you staked because there is no way to gamble without any loss but with a good skill in strategies, money will be made no matter what.


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Many gamblers deeply regret their losses after gambling and squandering their funds.
This is true and the reality that everyone is being set. We do know that whenever we gamble, the anticipation of winning and losing is there and mostly, we think that we're about to lose. By then, we try our best to recover our losses but that's how where our emotions are being played with by the situation. In the end, we feel bad of how we lose and why we didn't take the money when we're able.

Guilt will only come when the player have so much interest in using that money and the player used it to stake, this where the guilt comes in because when the ticket fail, anger and how to recover the money start to ring on the head and gamblers that often end in this situation become gambling addictions.
1135  Economy / Gambling discussion / Re: The fight between Mark Zuckerberg and Elon Musk. Who you betting on? on: July 12, 2023, 10:02:57 PM
I don't think there will be a real fight between Mark and Elon, but if I had to place a bet, I would go for Mark just because looks like he is in better shape, but I feel like Elon's punch is stronger.

The real fight between these guys is with their social networks, the fact that Musk started the new social network called Threads is proof that the fight is on. I don't really think people will jump from Twitter to threads, the fact that all the social networks are under the control of the same person isn't good for humanity.

By physically appearance, fighters don't win a fight that way, it's experience and effort put in training that help them win a fight and by the way they stand, Mark has has strong stamina than Elon that look like someone that you can push away by a punch. Maybe you should check their respective recent pictures again, I can even see that Mark is even having 6 pack on his stomach ready for business and if we are to rate them by their trainers, I will still choose Mark because Isreal Adesanya is a true Nigeria born star that has won multiple Champions belt, I don't think learning from this kind of experienced fighters will lose in a fight.
1136  Economy / Gambling discussion / Re: It's on! 2024 US Presidential Election Biden+Harris Vs Trump Bitcoin betting.... on: July 12, 2023, 09:51:35 PM
Trump being a good president would be a terrible saying and anyone who says that would be kidding themselves. Trump was a terrible president but to be fair Biden has been as well and everyone knows that these are the only two options USA has, this is why I said they are going to be terrible.

At a point, Trump was becoming arrogant and rude and by his behavior, he has been one of the most hateful president ever atleast to me, he has create more horrible image to the US than other presidential candidate and for him to looking for a way to come back to Whitehouse, he has an agenda that is not yet fulfill else I believe the 4 years he had one is enough. Biden is a better president than Trump but the rise of LGBT is quite getting out hand and they are doing nothing about it, there is limitations to how freedom are supposed to be express, freedom to right doesn't mean it has to affect others.

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USA has made a mistake of turning elections into a tv show, which basically is the reason why a tv show host ended up winning the election as well. I fear the day Ryan Seacrest ends up getting a nomination because that dude knows how to play an audience and he could definitely get the presidency with this logic. It's better to have a situation where they pick a career politician and for some reason they dislike that idea at this moment.

What baffled me is that they don't want to work together, the lose party always find a way to talk bad about the won party and they war continues like that but I believe Biden administration will go for another year, they still love him regardless, there is no point in re-electing a failure, there shouldn't be a second chance for a person who had a complete 4 years in office and was chanting around that everything is fake fake fake. Grin
1137  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: July 12, 2023, 08:43:44 PM
If PSG are really interested in Osimhen, then surely they will make an offer that Napoli will most likely find difficult to refuse. But I don't believe Osimhen is worthy of replacing Mbappe if he decides to go elsewhere. After all, Napoli really want their best striker not to go anywhere because they still need him, but of course if a team offers him a value that is hard to refuse then maybe Napoli will let him go.
Napoli basically doesn't want to release important players to clubs that aren't promising, while PSG excludes them. If I'm not mistaken, there has been a statement from Napoli that only PSG can make a fantastic offer for an Osimhen. Given that Napoli believes PSG will treat Osimhen well, especially now that the possibility of them preparing an option to replace Mbappe makes the path easier if Osimhen is interested.

PSG is trying hard to get Osimhen and has made an offer of 100 million euros to recruit him. PSG has set Victor Osimhen as a priority target to replace Kylian Mbappe. Mbappe still has 1 year remaining on his contract and it is believed that Mbappe will not extend the contract, because he is interested in Real Madrid and is likely to become part of Real Madrid after the contract with PSG ends. So a suitable replacement for PSG at the moment is Osimhen, and Manchester United are also interested in Osimhen but they can't overtake PSG because PSG has abundant finances and can seek 100 million Euros for Osimhen.

Since last week, plenty of boards are now chocked wit PSG, Mbape, Real Madrid, Haaland, Osimhen and strikers because it now seems that Real Madrid and PSG are looking for common enemy but it is not bad, everyone is looking for a way that will be ease for them. However, I think PSG and Mbape are not even helping the situation of this transfer, Mbape and PSG are both looking for a way to benefit their pocket and no club is even buying their beef, instead of them to settle amicably and reach a common ground, it has been headlines and I believe Real Madrid is not having too much interest but since they don't have a striker that is why they are still open to discussion.
1138  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: July 12, 2023, 08:32:05 PM
Signed for 75m Euro by Napoli and now with price tag of more than 150m Euro, it's okay to see from Napoli's perspective. Yes they want to scare away few clubs for proceeding for Osimhen but I would say they also want to make a huge profit out of this. Napoli knows what kind of gem he is and it is a great opportunity for them to make around 100m Euro profit out of his transfer (if happens). It might kinda bite off them in the ass in the end if Osimhen comes with a feeling that by staying at Napoli, he is losing opportunities for even more bigger clubs. In that scenarios, Osimhen might reject contract extensions and might go for free.

As of now current scenario is that Osimhen will stay [as said by Napoli president] so I think Napoli has the leash of the situation, might change in few years though.

You're right , basically Napoli still needs Osimhen to secure the next title in Serie A and champions league but Napoli could just let him go if they get a good offer and in fact there is no club that wants to pay 150 million except for PSG , unfortunately Osimhen doesn't want to return to League1. By the way , at the moment Osimhen is the most expensive player in Serie A by market value , estimates will continue to grow if next season he still holds the title of top scorer.

If I own Napoli, I will not sell him either because it is just like training a to become Champion and decide to discard him to the enemy that will use him against you. They clearly have Champions League to fight and they still need him to achieve more Seria A title, so I don't see him goin anywhere, I hope he doesn't fuck up and disappoind the club the second year because Seria A are known to hate a player when he doesn't meet their expectation, Lukaku is an example.

on a serious note, Osimhen deserves whatever Napoli is doing to other clubs that want to sign him, been long they had good stricker like this and when he is absent in a game, it use to affect them, I am very certain that he will remain in Napoli for now till have another guy that is good as Osimhen.
1139  Economy / Trading Discussion / Re: The price dropping, any reason the huge dump? on: July 10, 2023, 02:54:55 PM
As we are already in a very deep valley if you see the overall bitcoin chart be prepared for more such drops. What I feel is that we'll see a lot of points in next few months which will make you doubt overall concept of bitcoin. But those will be the absolute buying points for bitcoin and you'll definitely see a big reversal from exactly those points.

I wouldn't doubt the overall concept of bitcoin if price starts dropping because it has already been speculated to fall down to $10k  but contrary to that, the price have stayed up in the corners of $30k-$31k. We expect more volatility during 3rd quarter as we approach halving. I think also that a part of the reason for stability of bitcoin for now could be the result of regulatory policies through EU MICA laws, maybe the confidence in bitcoin is rising.

You should very concern about when bitcoin dropped below $10k, it will not just be affecting the holders, it will affect every business that deals with Bitcoin, it will affect the trading exchange because less people will have interest in Bitcoin and last but not the least, there will be fear of people coming into invest despite the lower price it is. All this specualation are thing of the past, if anyone tells you that bitcoin price will crash to that price level, I will take them as joker because there is nothing clearly in this market that jeopardise the price of Bitcoin to that point, all the potential treats from altcoins has all been subsidized and we all waiting for another run.
1140  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: July 10, 2023, 02:30:59 PM
Lately all transfers have become very expensive, something like inflation, I don't know how else to adequately call it, because players who are clearly not worth much money are being bought for 100, 120 million and so on, these are not isolated cases. The figure quoted is arbitrary, but nevertheless I don't think it's normal to spend 70-80 million on an average player, as current clubs do, including in the English premier league. So just because the aforementioned clubs are buying players does not mean they will strengthen well

I would not say that there is inflation. Most transfers require clubs to pay high prices. The main reason for this is that most clubs now have a lot of money close at hand. We used to consider Manchester City, United, Arsenal, and Liverpool as the richest Premier League clubs. Now a new name Newcastle has been added. Chelsea's owner has also changed. And he is also quite rich. That is why every club is ready to spend a lot of money to buy players. It is becoming difficult to recruit star players without spending huge amounts of money, as they are in high demand.

Inflation is at hand but since when did inflation did 100%, gone are those days when we used to see players signed with $100m and see them as been super expensive but today, we have realised that the transfer fees are now crazy that even small clubs cannot get to sign the good players after making one or two League trophies. If that was how Messi, Ronaldo and Ronaldinho where expensive back then, only lord knows how much this players will be worth and I don't them blame, its all about the hype and false marketing.

Look at Mbape for instance is still parading aorund because no club is ready to sign him with such a big amount, and he has spent 6 years in Paris without any Champions League and now the team are all running from how to reduce their lost and no team has that amount. I think this is a great lesson for clubs that are always in rush to push big amount on players and later will be looking for the club to discard the player to when there goals is not met, Hazard should be a big lesson to all clubs.
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