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1561  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin the second stage in the path to a central global currency? on: May 08, 2023, 06:22:20 PM
You have opened discussion on a very interesting topic that Bitcoin was created by bankers to set up a stage for testing central global currency, however there is no concrete evidence to support this claim. It is widely believed that Bitcoin was created by an individual Satoshi Nakamoto or his team of IT professionals.
The idea of a single global currency is a very complex and challenging. The world is comprised of many nations and countries and they have their own interests and conflicts. Achieving consensus of on a single currency as method of payment world-wide would require cooperation and agreement of many nations and their respective monetary systems, which is not so easy to achieve.
1562  Economy / Economics / Re: Money hardly come this days! Why? on: May 08, 2023, 04:00:33 PM
I don't understand why things are so unspeakably hard to people. I couldn't hard a good feelings for some days after thinking of what must have trans-led this suffering of financial hardship in societies. Money is rare this days, am going through a lot but I just hope things well and better soon. Is not really funny here.

My children are at home chase from school, I could not pay fees again. What could be the cause of scarcity of cash?

I am sorry to hear about the financial difficulties you and your family are going through due to high cost of living. The economic crisis is a global issue now, and there are many factors those contribute to it, including rising inflation and political instability due to many ongoing regional conflicts in various parts of the world. I would suggest you to consider taking  more than one job to increase your earnings. Consulting with a  financial advisor could also be helpful in developing a long term plan to address your needs and goals.
1563  Bitcoin / Bitcoin Discussion / Re: How long the high transaction fees will last? on: May 08, 2023, 10:20:08 AM
what are the best things to do now in order to save from fees and avoid having our transactions stay unconfirmed for too long?

The reason behind soaring transactions fee on Bitcoin network is, launching of  BRC-20 ( Experimental token standard) which seems to be inspired by Ethereum network. This has attracted the attention of those who want to create their own tokens similar to NFTs and list them for selling without the need of any smart contract. This is causing congestion due to minting of NFT tokens. I would suggest you to conduct your transactions during off-peak hours (at night or early morning) when fee is comparatively low.

https://www.makeuseof.com/reasons-bitcoin-transaction-fees-are-so-high-right-now/#:~:text=As%20people%20continue%20to%20mint,very%20suited%20to%20high%20demand.
1564  Economy / Economics / Re: Dedollarisation fails before starting, Russia and India halt rupee trade on: May 08, 2023, 07:19:22 AM

Originally "petrodollar" was just a name for dollars that are used for oil trade, but then someone came up with a theory that all USD value holds on this oil trade, and if countries will switch to other currency, USD will collapse. This theory completely ignore all other international trade conducted in USD, which is far bigger than just oil trade.

That's also a narrative without proper backing, why would US economy collapse if international trade will switch to other currency? Inflation alone can not kill economy, and it's not even clear that the supposed dedolarization will cause massive inflation.

You are correct that the term "petrodollar" was referred to dollars earned from the sale of crude oil in international trade. However, this concept evolved overtime, and now it is widely perceived that US dollar value influenced by demand for oil. Therefore, In case of any shift from dollar to any other currency or basket of currencies, could potentially have significant impact on value the of dollar and US economy.

Inflation is a complex issue and it is influenced by number of factors including devaluation of currency, and it is not yet clear how dedollarisation  will affect US dollar.

1565  Local / Other languages/locations / Re: Pakistan on: May 08, 2023, 03:57:26 AM

mai ne b ghalti ye kii k sui half sell kar k pepe buy kia . Sui tho usi rate par hai magar Pepe 20% down huwa hai aur hold k elawa kuch kar b nahe sakta. Memecoins mai invest karna bahot danger hai aur eska up down bahot hee ziada volatile hotha hai.


G brother, Pehle toh apko Senior member promote hony pe bht bht Muabarakbad. Ap Masha Allah bht active member han or community k faiday liye achi reserach ker k aisi posts share kerty han jin se unko earning ka moka milata ha. Aisy acha kaam ko jari rekhein. Jazak Allah.

Jahan tak meme coins ka taulk ha meri opinion toh yehi ha k enki rally bht short-lived hoti ha en mein jaldi profit booking kerni chaye. Baki aisi coins jin ki apni block-chain hoti ha jasa k Ethereum, BNB, Solana, AVAX, ADA, DOT or SUI, yeh coins zayadeh kabele bherosa hoty han ku k en k coin ki utility hoti ha wo transaction fee mein use hoty han. Aisy coins ki agr supply zayadeh bi ho toh wo gradually absorb ho jati ha. Eski sub se bri Misal Ethereum ha jiski supply un-limited ha mgr uska use case itna strong ha k uski price bear market mein bi $1000 se oper hee rehi ha. DYOR
1566  Economy / Economics / Re: U.S dollar almost equal to Euro on: May 07, 2023, 04:27:50 PM
What are your thoughts? Will Euro's value fall lower than the U.S. Dollar? One thing is certain though, we're going to go through a tough time in the very near future.


There are number of factors those can affect exchange rate of any currency, such as inflation, trade balance and political stability. Given the current global economic crisis, the value of Euro relative to US dollar  may continue to decline, however it is also possible that situation could potentially reverse in future. I believe the key factor influencing the Euro depreciation against dollar is high prices of Gas and crude oil. As European union countries heavily rely imported crude oil for their energy requirements, rising prices of petroleum product can lead to increased inflation and devaluation of currency.
1567  Bitcoin / Bitcoin Discussion / Re: The world and bitcoins: the matter of global acceptance on: May 07, 2023, 06:53:24 AM
what are your thought on this, is this possible or it's already in place

Your proposal to establish an institution to oversee genuineness of new projects and monitor their overall operations and conducting regular audits globally is a commendable suggestion. Such an institution will certainly enhance the  transparency and credibility of crypto projects, while safeguarding the investments of stakeholders. It would be beneficial for crypto communities , if  US authorities take lead in this intiative , where institution to monitor financial operations are well established and credible.
1568  Local / Other languages/locations / Re: Pakistan on: May 07, 2023, 03:49:33 AM
Waisay Syed bhai mein sooch raaaha tha k new meme coins c hum faida utha saktein hien. Ais k liey hume newly listed Meme coin on coinmarketcap aur coineckgo p nazar rakni pertay gi. Yahan p https://www.coingecko.com/en/categories/meme-token aur phir jo new token aein aun mein 10$ ya 20$ ki entry lein. Ain mumkin hy k bohat saray coins 2x-3x profit daay jein aur agar luck achi hoi to 10-20x profit bhi mil saktha hay.

G Umer bhai, Ap theek kah rehe han k ajkal meme coins ka trend chal reha ha or kal Binance ne bi Floki or pepe coins ko list kia or unki price mein listing k baad 40% tak izafa hoa. Lakin yeh trend short lived ho sakta ha esliye mein koi lomg term holding munasib nhi ho gi. Nehter straetgy toh yehi ho sakti ha k en mein 10-20 dollars ki investment ki jai or jasy hee enki price 2-3X hoti ha toh profit book ker k exit ker jana chaye.

Wah boht zabardast analysis kea hy ap na SUI ka. TBH mujhya is baat ka nhi pta tha ka SUI ma ya kuch chal rha hy. SUI ke price agr dakha jya to is ma risk factor kafi kum hy. 1.3$ sa agr down bhe gya to kitna down jya ga? So agr kise ko samjh ati hy to wo isko abhi buy kr ly.

G brother, SUI pe mera outlook es liye positive ha k future mein mujhy es mein kafi growth nazer aati ha uski waja yeh ha k yeh ek block chain ha or transaction fee k liye SUI use ho ga esi waja  se eska use case strong ha or yehan pe NFTs sector mein bi kafi potential ha. Esliye esko long term portfolio mein zarur rekhna chaye. or abobeall es project ko Facebook jasi cash rich company ki backing hasil ha. DYOR
1569  Economy / Economics / Re: Would you consider moving abroad? on: May 06, 2023, 05:21:44 PM

 would you consider moving abroad for a better future? Would you try to find a way to stay in your country, either through online work or by accessing all possible opportunities?

I believe, it can be tough decision to leave behind , family, friends, relatives and familiar surroundings for the sake of better job opportunities. Adapting to new culture, learning new language and adjusting with new environment, are definitely  challenging tasks thaose require careful evaluation before taking a final decision.
I would suggest you to explore online opportunities, such as free lancer writing, web design, virtual assistance and many mores. You can do these jobs from your home and manage your time as per your workload.
1570  Economy / Economics / Re: Effects of Crypto and Bitcoin on the Economy on: May 06, 2023, 03:36:27 PM
Yes, the impact of cryptocurrency on cross-border transactions is definitely one of the key advantages of using Bitcoin and other cryptocurrencies. By eliminating the need for intermediaries such as banks, these transactions can be completed faster and more efficiently, with lower fees and fewer barriers.

Yes, that is correct. Bitcoin and other crypto currencies can potentially transform the cross-border transaction system, by offering  faster and low cost without the intervention of any third party, such as banks. The added advantage of using block chain technology is, its high level transparency, security  and traceability, thus eliminating the risk of fraudulent activities.
1571  Bitcoin / Bitcoin Discussion / Re: US Congress Meeting On Bitcoin Adoption on: May 06, 2023, 11:06:02 AM
It's happening in US as stakeholders, industries officials, senate members and US Congressmen with  other official delegates meet on a summit about bitcoin  policy in other to discuss on various matters on bitcoin adoption and how they could engage every involved parastatals, stakeholders and individuals to the understanding of what bitcoin offers to the economy and how they can deliberate on taking further actions and necessary steps for bitcoin adopon

Indeed, it is very interesting development regarding Bitcoin adoption. Crypto enthusiasts will certainly feel delighted to see that various industry officials, stake holder, senate members and congress men meeting together to discuss policy about Bitcoin and its adoption. It is crucial to have conversations and involve all concerned parties to understand,  what benefits Bitcoin offers to the economy, steps needed to adopt it fully and advantages of its adoption. The discussion on such a high level reflects growing interest and recognition of the benefits of crypto currencies.
1572  Economy / Economics / Re: Wind Power Has A Profitability Problem on: May 06, 2023, 05:12:33 AM
Obtaining energy from wind is one of the most fastidious branches of energy. Special wind conditions are needed in order for wind turbines to pay off and bring profit. And judging by this news, they didn't bring her either. And it worked only for the future, rather as an experiment. It seems to me that it is necessary to develop this direction, it is eco-friendly, but to strengthen supervision over the appropriation and sale of funds allocated by the state.
Because in any case, in the future it will be a profitable project.

You are correct  that wind energy is echo friendly and sustainable source of energy. However, its profitability a a project is a challenge due to specific requirement for wind pressure and maintenance issue that arise during the operation. Despite these challenges, I remain optimistic that as the technological development advances with continued government funding for research based projects, wind energy  will become viable source of green energy in future.

1573  Local / Other languages/locations / Re: Pakistan on: May 06, 2023, 03:27:59 AM

Kuch din phelay PEPE coin ki baat ho ri thi group p aur ab PEPE coin binace p list ho raha hy,  I hope app sab logoon nay PEPE coin buy kr lia hoga aur agar ni kia tu juldi c abi buy kr lein. Although k price all time high p hy but still Pepe coin bohat under value hay aur yeh Shiba Inn ko takar day ga


Umer bhai, pori crypto market mein es waqt meme coins ka trend chal reha ha or ab toh her block chain pe meme coin launch ho rehe ha SUI na mainet kuch din pehle hee launch hoa ha or vehan pe bi meme coins launch ho rehe han, aisy mein Binanance ku peechy rehe ga us ko bi toh es trend se faid uthana ha. I think aaj sham ko jub yeh dono coins Binance pe list hoty han toh us waqt en ki price bht fluctuate ho gi toh yeh trading k liye acha moqa hota ha mgr proper risk managment k sath. DYOR
1574  Economy / Economics / Re: Have a Income? Invest in Crypto or Not? Let's think realistically on: May 05, 2023, 04:49:28 PM
There are thousands of lessons that we need to learn when talking about trading, it's easy to say but to do as we want or as originally planned is not easy. For me, trading is not easy and not for everyone, even a seasoned person will make some of the mistakes you mentioned. Because when entering trading, we cannot fully control our own minds and emotions even though we have prepared thoroughly beforehand. The market is nothing more than a matrix that will mess our minds up if we are momentarily negligent. In my opinion, the best way is not to rush, slow down little by little, and draw lessons that are right for you without having to learn too much from others. Experience and feel the market for yourself and do what you think is best for you.

Your post is very insightful regarding challenges trades usually face to control their emotion to be successful in trading profession. Even if a trader is proficient in reading charts and understanding technical indicators. The ability to control emotions is essential for generating profits through trading. In fact without emotional discipline, it is very difficult to succeed in trading. I agree with your expert advice to take things slow and focus on learning from our experiences of others to make well informed decisions.
1575  Economy / Economics / Re: Use your money wisely. Invest or Deposit ? on: May 05, 2023, 11:23:26 AM
when i got profit, i use that to make another source income, not only in bitcoin, i know the price will always rise, but sometime it will fall, and that what i said when it fall i still have income from another source.

I completely agree with your assertion that  diversification is an essential strategy to manage risk and ensure reasonable returns on investment portfolio.The best approach is to diversify our portfolio in a manner that it includes a portion allocated to secure investments, such as bank deposits.Additionally, a portion to be allocated to low risk investments like investment funds, and finally, allocate a portion to high risk investment such as Bitcoin and crypto currencies. this type of diversification can possibly balance the risk and reward profile of our portfolio.
1576  Local / Other languages/locations / Re: Pakistan on: May 05, 2023, 09:19:31 AM
Ma na kal raat SUI ka stats CMC py check kea tha. Raat SUI CMC py 65th number py tha aur abhi down ho kr 67th number py a gya hy. Raat ko 24hrs volume 1 billion USD sa oper tha jo ab 0.6 billion USD py a gya hy. SUI ka stats may from Alts point of view acha hn gy pr wo kise sorat itna zayda nhi ka Bitcoin ko effect krn. Han albata FED interest rate high hona sa assets py negatve impact pr saqta hy aur USA ka market he global market ko control krti hy. One month tk clear ho ga ka is high interest rate ka cypto py kya asar pra hy.

Brother, ap sirf SUI k trading volume k stats dekh reho ho, SUI mein pichly dino bht activity hoi ha or sirf Binance pe users ne 4 Billion dollars se zayadeh esky launch pool pe deposit kiay thay or BYBIT, Kucoin, safepal wallet and many mores.

jahan tak SUI k marketcap ka taulak abi esky Tokenomics k bary mein clarity nhi ha. Abi supply in circulation sirf 528 Million has laikin total supply shayed 10 Billion ha.
jisko gradually release kia ja ga, toh ho skata ha SUI within a year time rank coinmarketcap pe top 20 mein aa sakta ha. Mein SUI k bary mein positive outlook es liye dekhta houn ku k yeh layer1 blcok chain ha or Ethereum dependent nhi h or yeh transaction fee bi SUI mein pay ki jai gi or es network NFT k projects bi launch ho gay. Yeh mera analysis ha or completly wrong bi ho sakta ha esliye koi bi investment kerny se pehle apni research zarur keren taky ek informed decision lay sakein.



https://decrypt.co/138691/binance-users-deposited-4b-farm-sui-tokens-ahead-mainnet-launch
1577  Economy / Economics / Re: Use your money wisely. Invest or Deposit ? on: May 05, 2023, 07:02:22 AM
l. Let's say if you deposit the money into a bank and the annual interst rate is 3%, you will get a steady interest income year by year. If you use this money to buy Bitcoin, let's say the BTC drops to $17,000, you'll buy less than 6 Bitcoins. In the long run, what would you do with this money ? And why ?

Investing in fixed deposits of banks is generally considered a secure and low risk option, because interest is guaranteed, however the amount of interests paid on such deposits  is relatively low and doesn't fully cover the rate of inflation most of the time. On the other hand, investment in bitcoin is high risk and volatile option but potentially it can yield high returns on long term holdings. It is generally advised to exercised this option after fully understanding the fundamentals of Bitcoin technology and dynamics of its market, as well as keeping in view your financial situation and risk tolerance limits.
1578  Local / Other languages/locations / Re: Pakistan on: May 05, 2023, 04:23:08 AM

Fundamental anaysis beshak bitcoin ka bullish signal day rahay hien magar meray khayal c bitcoin ky techinical indicators bata rahay hien k bitcoin bearish hy aur aus ko aik dip marni chayee 25K, before making the next long leg. Bagi, agar asa hota hay tu altcoin jo k phelay hi bleed kr rahay hien woh aur zada dip mein aa jiey gay aur yeh aik acha time hoga altcoin mein invest kernay ka for mid to long term duration.

G umer bhai, As a long term Bitcoin investor, i always look at the bigger picture of Bitcoin, which is certainly very rosy. Jub tak Bitcoin 22k (200 DMA) se oper ntrade ho reha hamein market ko positive hee samjhna chaye or fundametal factors ki waja se 2023 mein Bitcoin ki price mein jo behtri aai ha wo umeed ha k Insha Allah most likely continue hee kere gi  (thori bht correction zarur aati rehe n gi)unless k  Khuda nakhawsta market mein koi bra FUD na aa jai. DYOR



1579  Local / Other languages/locations / Re: Pakistan on: May 04, 2023, 05:38:01 PM
Bitcoin na eik choti se dip marna ka baad ab dobara 29k$ ko touch kea hy. Ma cointelegraph py parh rha tha ka Gold na new ATH ko touch kea hy aur USA ma banking crisis bhe chal rha hy.

G brother, Bitcoin should have surpassed 30K after the FED announcement of interest rate increase of 25 basis point. This was in line with general expectations of market. Laikin aaj sara din Bitcoin 29k se neechy hee trade hota raha ha. Mera khayal ha k last one week se SUI coin ki hype bht zayadeh ha or sub market participants ka dheyan SUI mein trade ker k profit kamany mein laga hoa ha. SUI coin long term investors k liye acha sabit ho sakta ha mgr saber se hold kerna pry ga.
1580  Economy / Economics / Re: Shrinkflation on: May 04, 2023, 02:47:39 PM
Quote
Shrinkflation is practice of reducing the size of a product while maintaining its sticker price.

I hate it when companies reduce quantity (and often quality too) of product to sell it at same price as before to combat inflation. Oh and don't forget those, "30% Extra" labels.

Inflation makes everything rise, so might as well keep the original quantity and just increase the price.

Do you agree? How would you combat inflation if you were running a company?

Inflation is a complex economic issue, that affects not only individual consumers but also businesses. The companies often face higher cost of raw materials, labor and other input, which leads to increased cost of their products. There are several measure companies can take to combat inflation, such as renegotiating prices of raw materials with their suppliers, improve efficiency of their machines and reduce cost of energy by green sources of energy. In summary, combating inflation while maintaining profitability and keeping prices of products affordable, is a challenging task, and needs effective strategy to get desired results.
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