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The Russian Ruble is often perceived as less attractive for investment due to its heavy reliance on energy resources which limits the versatility of Russian economy. In contrast, Dubai is relatively an open and investor friendly country with significant oil reserves, and an emerging economy in the middle east. For long term investors , Chinese currency appears more suitable because it is second largest economy of the world, with strong export based industries and rapid technological advancement in all sectors of industries.
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Until we realizes some limitations and restrictions, we would either not actualize our high level of energymatics and how creatively productive we may be from our local to the international sectors.
If I am understanding correctly, you are talking about importance of recognizing the constrains to fully exploit our potential in various domains including energy related knowledge and creativity. It is true that by understanding these limitations and restrictions we become more mindful of our capacities and set realistic expectations for ourselves in both in personnel and professional pursuits. |
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I don't know about the others but I find it easy to buy bitcoins at low prices and can continue to live my life at a normal rate because I have multiple sources of income. Others are still in doubt about their potential financial growth with bitcoins and they are still pending their decision to buy bitcoins because they thought they might not get their capital if the price will decrease again. Well! these things are not new to us because we've been to their place before and most of us took time to consider investing for the first time the result is mostly positive because we also took our time to research and to know what the right thing to do is before buying bitcoins.
Indeed, it is a prudent approach to accumulate Bitcoin whenever market provides an opportunity to buy at lower price. I personally don't bother much about day-to-day fluctuation in market price of Bitcoin and always focus on long tern goals. We should also keep an eye on events those can potentially change the outlook of Bitcoin for short to medium term and one of such events is scheduled in mid-August when SEC will announce its decision on BlackRock ETF. Halving is also significant but it is likely to impact Bitcoin price from 2nd to last quarter of 2024. |
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Yes, they are actually in transition period. It is expected to have some issues but I know it will resolve soon, I am just wondering why he made the Twitter logo as "X" is he trying to rebrand Twitter? but all in all what I hate in new feature of Twitter I can't send message if someone doesn't following me, sometimes I am sending messages to our telecommunication company if we don't have internet but because of that I can't do it anymore.
It is challenging to speculate why Elon Musk changed the logo of twitter, but I think he has something bigger in his mind that might entirely reshape the social media landscape. The redesigned logo, featuring X, hints at a new social media platform with potential for extensive communication and integrated financial transactions capabilities. It is exciting to wait and see what developments will unfold in this regard. |
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Yeah, but the profits from trading do not tend to work like a building and building and building scenario, because even though it might appear that the trading and the investment portfolio are building, if the sizes of the positions are not properly hedged in both directions (even if they might be leaning in one direction), making one decent sized mistake will frequently take profits away from several successive successful trades.
So maybe a trader keeps winning and winning and winning, but s/he might not sufficiently hedge on one occasion, and then all of a sudden his/her trading portfolio amount is back down to the amount that s/he started with or even worse less than what s/he started with.
Indeed, trading Bitcoin can often lead to reduction in Bitcoin amount one holds, as predicting its price accurately consistently is highly challenging job. Some new comers also try their luck in margin or future trading with the hope that they can rapidly increase their Bitcoin holding but unfortunately, most of them end up in entire loss of their account balance when market goes against their trade. In summary, the prudent path to witness impressive results is to accumulate Bitcoin by employing Dollar cost averaging (DCA), as you suggested in your many posts, even in small portions, and wait for the next halving to yield substantial gains. |
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The more businesses begin to integrate crypto payment in their daily activities, the more we see real progress regarding the entire concept. As of today, over 60,000 electric vehicle charging stations now accept Bitcoin across Europe, thanks to Lightening Network (source: https://mycryptowallet.com.au/news/bitcoin/bitcoin-now-accepted-at-60000-ev-charging-stations-across-europe/). Many businesses are also joining this trend as they realise the advantages offered by this amazing technology. Gradually, we will see even deeper penetration of Bitcoin and cryptocurrency at large. It is a very positive news that Bitcoin payment system is being integrated for daily business activities. This development demonstrates the progress of Bitcoin adoption that all Bitcoin enthusiasts have been eagerly striving for since years. It would be beneficial to use Bitcoin lightening network for small business owners and retailer to keep cost of transactions minimal, for both the businesses and customers. |
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The financial statements are not wrong, Twitter is losing money is true, but that doesn't mean it's dead or Elon has failed. I find it quite amusing that so many people have started criticizing or gloating when Twitter has gone downhill since it was acquired by Elon. But they forget that business is not always smooth, especially when we are going through a severe economic crisis. Maybe he and Twitter are going through tough times, but I don't think he would be stupid to spend $46 billion without knowing what he's doing. Don't forget that he is the richest man in the world and he runs 5 different companies. Meanwhile, who are the people who laugh at him, and what success have they achieved?
I'm not defending him nor being a fan of him but we need to look at the fact that he is a genius and I believe he will soon bring Twitter back to its glory days.
While, It is true that financial statement reflect the true financial condition of a company for a specific period. However, the stock price of a company not necessarily shows its true value, as generally stock markets operate on perception and sentiments driven by big players. A notable example is covide-19 era, when stock market went bullish despite global economy facing significant challenges. Another crucial factor is, rising interest rates, which is affecting profitability of many sectors of the economy. Looking ahead , we should wait for the release of new version of twitter, and how it comes up to expectations of its users. This significant aspect could potentially determine the future prospects of twitter. |
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It is true that Elon musk's some experiments with twitter didn't go well for the company and led to controversies. However, it is possible that something better and innovative is in the works, which will provide customers with more flexibilities and options. As a visionary and creative entrepreneur, he is well aware that we are living in a highly competitive world, hence there is a possibility new changes in twitter might get a better response from its users and adds value to its stock and overall market perception..
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It's good to learn every day, and Moreover we aren't parfect on anything so the best idea is always keep our self busy because the more we work the more knowledge we aqure.
If we have a low income by month end you can live your country because their will not be enough money to do so, that's what everybody wanted, living your country to another is also called learning, the type of work you do depends the amount of Bitcoin you hold, op if you are saying this I don't think you have store enough Bitcoin.
Indeed, developing a learning mindset is beneficial for the whole life. Learning new things every day is not only helpful to gain knowledge but also enables us to adapt changing circumstances and grow as individuals. It is important to note that beside formal educational from universities, we need to build skills, such as content writing, software development, marketing expertise to generate extra income for investing in Bitcoin and accumulate one Bitcoin, that can potentially alter the financial future of our families. |
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The fear towards artificial intelligence, in my opinion, it is understandable.
A few years ago getting these kind of deep fakes was matter of science fiction, also the way now people can prompt a machine to make images for them from text looks like something out of a sci-fi movie from the 2000s.
People with bad intentions could use these tools for extremely convincing misinformation campaigns, to incite other into violence and influence over society. No mention how this will likely transform the relation between humankind and labor in the long term.
These are valid concerns and apprehension of many people who are afraid that AI technology can be misused for malicious purposes. The rapid technological advancement in AI has also created deep fake and convincing tools those can create manipulative content. In order to address these issues, society need to behave responsibly and governments need to work towards making appropriate regulation to maintain ethical and moral values of the society. |
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In theory, the idea of paying salaries in Bitcoin seems promising , with it potential as a store of value and precious asset. It could also encourage employees to save portion of their earnings in Bitcoin for future appreciation in its value. However in practical there can be many consequences for employers and employees. The primary issue is volatility in Bitcoin price over short periods, this can make it difficult for employees to evaluate their purchase power to buy goods and services and planning their expenses. While employers will also find it difficult to budget and forecast their labor costs.
In summary, this approach can work effectively when Bitcoin is massively regulated and adopted as method of payment, and we will be able to use Bitcoin for everything for our daily transactions.
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Good for people (not just whales) who want to buy BTC at a cheaper price.
You are correct, Bitcoin price is likely to be very volatile after the interest rate decision announcement. This economic event can provide good opportunity to accumulate Bitcoin at around $28,500 which is its strong support. Let's keep our fingers crossed and wait, how Bitcoin market plays out in the next one hour. |
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The peculiarity of the banking sector is that it is highly dependent on the trust of customers. Therefore, all public talking heads will convince the general public to the last that everything is fine (three days before the collapse of Silicon Valley Bank, its shares were in the status of recommended for purchase).
Indeed, trust is the fundamental factor in functioning of Banking system. The confidence of general public in a bank can significantly impact its stability and growth. The cause of consecutive collapse of Banks in USA could be attributed to aggressive increase in interest rates policy of FED. This Money tightening policy has led to unfavorable business environment and made challenging for banks to survive. This situation will exert pressure on FED to review its current policy and make necessary adjustments. All eyes are on Federal Reserve's monetary policy announcement today, it is hoped that pause in interest rates will continue to reduce some pressure on banking sector. |
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I'm a pleb like most of you, and I too have, many times, become pesimistic about the economy in general and in what's about to come. But has anyone ever considered that,
- The economy is not going to crash into a recession
- That there will be an actual soft landing
- That the Russia - Ukraine war will not escalate into a European war
- That Gensler CAN'T truly ban crypto
- Institutional investors will come back and take Bitcoin to six digits
I'm probably missing more narratives, but you get the idea.
The prevailing state of economy is understandable and concerning for all of us, however world has learned bitter lessons from past recessions, therefore FED and central banks all over the world are doing all they can to avert risk of recession. The central banks are equipped with sufficient tools/options, such as quantitative easing (QE) and buying back securities to address many economic challenges including inflation and threat of recession. Looking ahead, the future outlook of Bitcoin is promising, as major institutions like BlackRock are showing their interest by submitting ETF requests. Moreover, awareness about its technology is spreading worldwide at a fast pace. |
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I'm happy with this thread because it seems interesting and here I will represent my own country, namely Indonesia. For a salary below this minimum it is quite difficult, even to dream of earning BTC. This is quite interesting because I have to fight every day working without a day off and even sacrificing rest time to work part time to earn BTC. What's more, in my area the minimum wage is below average, it seems difficult to earn some BTC if we stay in the same position doing nothing to supplement our income and relying solely on paid work from a few companies. Even though the condition is very small in terms of opportunity to be able to buy BTC, I will never give up on saving because I believe this is an investment that will save me when I get old and one day I will be able to sell some of my BTC at the highest price.
Your determination is very inspiring for all Bitcoin enthusiasts who persistently purchase Bitcoin even in small increments from their monthly savings, despite all constrains and challenges they face to generate some saving for investment in this valuable asset. Our strong faith in Bitcoin's potential to transform our lives in future keeps us confident and resolute in our investment journey despite daily fluctuations in its price. |
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There is quite a demand for € inside the eurozone though!
Indeed, the volume of trade within Eurozone countries is remarkably high, in year 2022 the total trading volume recorded was more than 4 trillion Euros, which is very impressive and reflects fundamental strength of Euro. In my opinion the main factors driving the depreciation of Euro are as follows: 1- Heavy dependence of European countries on Russian oil and Gas has become a concern, particularly due to ongoing Ukraine war which added uncertainties to economic outlook of Eurozone, and impacted value of Euro. 2- Another significant factor is slow down in economic activity in China, that has also adversely affected Eurozone, as China being its largest trading partner. https://cepr.org/voxeu/columns/euro-weakness-2022#:~:text=Three%20key%20factors%20have%20been,(Fed)%20and%20the%20ECB. |
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I understand that some people have more opportunities to earn wages as compared with others, and sometimes we might not recognize/appreciate some of our opportunities or realize how to spend our time - in terms of learning new skills that might allow us to be able to seek higher paying employment..
You have touched upon an important aspect of socioeconomic inequality and personnel growth. Indeed, people's access to opportunities and resources can greatly influence their ability to earn higher wages. The factors those contribute to this disparity include education, geographical location, their skill level and above all market demand. In summary, recognizing and appreciating opportunities, we have to be proactive in seeking personnel and professional growth can help individuals progress toward higher paying jobs. Simultaneously, it is equally important to address systematic errors on broader level for fair distribution of opportunities. Earning one Bitcoin, in most of developing countries for a middle-class person, it is an arduous task and may require him to work for many years to generate sufficient saving to achieve this ambitious goal. |
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Your opinion is wrong. The EU economy is the third largest in the world, after the USA and China. On the other hand, I do not see the currency, the euro, as a bad thing. It is not as sought after as the dollar, but there are many developing countries with weak currencies where they accept euros as well as dollars, although not as many. It is certainly much better than most currencies in the world.
You are absolutely right, while European union is one of the top economies of the world but it ranks third after USA and China. European union is indeed a significant economic power house of the world, its combined GDP places it among top global economies. Euro is official currency of Euro zone and it is widely used not only among member countries of European union but also in international trade and finance, and it ranks second after US Dollar. I think the debit crisis started in 2009 had a significant impact on Euro's value against other major currencies and caused overall economic instability in Europe. |
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I don't expect the next QE to happen before late 2024 at the earliest (just in time for the US elections -coincidentally-  ). The inflation won't be stabilized around the 2% target until 2025... To me it seems the stars are aligning for yet another spectacular bull run in 2+ years from now. Although it is difficult to predict outcome of financial events with 100% accuracy, however I agree with your opinion that QE is possible by the end of 2024 which is coincidently election year in USA as well as anticipated event of Bitcoin halving . Hence, these both important events can serve as significant factors potentially triggering uptrend in both Stocks and crypto currencies markets. |
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