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161  Economy / Speculation / Re: Bullrun top on: February 11, 2024, 07:32:32 AM
After the halving it should not be all that easy, because right afterwards it is going to take a while, and people think that it will somehow be easy to go up but it will probably months before it happens. I am expecting the start of bull run to be around November, which is still months and months away so it is not going to be an easy thing at all. Do not expect it to have good results that easily, make sure that you are doing the right thing and you are investing into something that will make you some decent money.

If you are in a rush then investing into bitcoin is not the smart way to go, it's like buying lottery tickets when you want short term gain from bitcoin. Only invest and expect profit if you think that you could wait for long term.

Well, technically we already are in a bull market: after we reached the lowest point of the cycle (and I'm pretty sure we did) bull market starts. Right now it's the worst (and most risky) time to SELL Bitcoin and the best time to BUY Bitcoin. Any money you invest now will most likely double in the next 1.5-2 years. And it's going to be like this until 2025, cycle top and a new ATH.
162  Economy / Gambling discussion / Re: Making too many picks reduces chances of winning. on: February 10, 2024, 09:55:01 PM
As gamblers, we love more action, so we tend to make more bets on a regular basis. However, experts say that when we make too many picks regularly, our chances of winning decrease. This is due to the fact that we won't be able to analyze all the games carefully that are in our ticket and won't have the advantage needed to win. So instead, it's recommended that we should value quality over quantity if we want to succeed in sports betting.

Share your opinion regarding this matter.



Edit : I see that some replies are talking about parlay. FYI, this is not about parlay, it's about making many single picks on a regular basis. Please avoid using parlay when sharing your opinion.

I don't think that the number of bets affects the winning/losing percentage (unless we're talking about combo bets of course). If I'll make, say, 5 bets on tennis or 1 bet on tennis, one bet on football and one on boxing, total number of bets will be lower in the second case but you'll have to be an expert in 3 different sports and your chances of winning will be lower imo. Combo bets is a whole different story, with every extra match your chances to win a bet is decreasing.
163  Economy / Economics / Re: The impact of war on global economy. on: February 10, 2024, 07:22:46 PM
Not surprising news, but thought oil and other resources "transferring economy", would start exchanging for food later. I guess the collapse of the Russian economy is accelerating Smiley


My little lying friend, why do you always lie? It's embarrassing, every word you post is a lie, literally every single word:

Quote
Russia's economy grew 3.6 percent last year thanks to a boost in military spending because of the offensive in Ukraine although long-term economic challenges remain, official data showed on Wednesday.

The 2023 result shows the economy has largely absorbed the effect of the sanctions, finding ways around them by changes in supply lines and trade partners and through government intervention.

Economic activity was supported by favourable energy prices, easy credit conditions and strong domestic demand because of the defence sector, as well as rising salaries to attract workers in sectors experiencing labour shortfalls.

Another boost for the Russian government has been its ability to reduce its budget dependency on oil and gas revenues.

The sector represented around half of federal revenues in 2022. That proportion dropped to just one third last year.

While Western powers are trying to come up with new sanctions to hamper the economy, particularly the arms industry, the process has been slowed down by divisions within the United States and the EU.

Russian authorities are expecting economic activity to slow down in 2024 but continue to grow.

Source: https://www.barrons.com/news/russia-s-gdp-up-by-3-6-percent-in-2023-statistics-agency-403c0bc5

PS have you laughed already ?  Grin

Meanwhile, Ukraine is losing this war, losing territory day by day, Avdiivka is about to fall it's already partly occupied by the Russians, they also entered Novomykhailivka recently, other locations on the frontline are equally alarming for AFU. What's more, AFU commander-in-chief Zaluzhny has been fired by president Zelensky for poor performance. Still willing to laugh?
164  Economy / Economics / Re: Russian Gas ban - A problem for Europe or suicide for Russia? on: February 10, 2024, 01:48:07 PM
My little lying, retarded friend! It's time to expose your lies:

- almost 100 million population

Quote
According to current reports from Rosstat, the population of Russia as of January 1, 2023 was approximately 146,400,000 people.[10] On December 10, 2023 was approximately 146,115,376 people.

Source: https://en.wikipedia.org/wiki/Demographics_of_Russia

- For 80 years the USSR military-industrial complex worked, and the RSFSR collected the largest warehouses "for the war against world imperialism".
- The Russia had a production base of some kind left from the USSR.

By this you're trying to say that modern Russia has no military industry? That's also a lie:

Quote
The defense industry of Russia is a strategically important sector and a large employer in Russia.[1] Combined, the Russian Federation accounts for 21% of global weapons exports.[2]

The New York Times newspaper reported in an article on 13 September 2023, citing US and European officials, that Russia overcomes the Western sanctions and its missile production now exceeded pre-war levels. It was also reported that Russia now produces more ammunitions than the United States and Europe combined and it can manufacture 200 tanks and two million units of ammunition in a year according to Western sources.

But let's get back to gas, it's even more fun here Smiley

Russian gas exports have collapsed to 1985 levels.  Having lost its largest foreign market, which before the war provided 80% of exports and two thirds of Gazprom's revenues, the Russian gas monopoly has rolled back almost four decades into the past. At the end of 2023, Gazprom sold about 69 billion cubic meters of gas for export, the lowest volume since 1985, Reuters calculated. Compared to 2022 (100.9 billion cubic meters), which has already become the worst for the company in its history, the volume of gas pumped abroad fell by another third. And if compared to pre-war levels (185 billion cubic meters in 2021), Gazprom's exports have tripled.

And the source? There is no link to the source? Probably you saw it in your dream as always? I will once again expose your lies:

Quote
MOSCOW. Feb 6 (Interfax) - The Russian government has updated and raised estimates of Russian gas exports in 2023 via pipelines and in liquefied form , with new figures presented by Deputy Prime Minister Alexander Novak in the Federation Council.

According to Novak's presentation, pipeline gas exports in 2023 amounted to 99.6 billion cubic meters. Two weeks ago, Novak's article in the journal Energy Policy (EP) cited a figure of 91.4 billion cubic meters. The revised figure surpassed the estimate of the medium-term Russian macro forecast - 97 bcm.

Source: https://interfax.com/newsroom/top-stories/99168/

I love exposing your stupid lies, I can do it all day long. It's so easy, it's like stealing candy from a baby.  Grin

And now the most important question: why are you still here and not in trenches in Donbas? Your compatriots are dying there while you hide your cowardly ass in safety of your home? Remember, AFU accepts retarded people now so you have to join them ASAP!  Grin
165  Economy / Gambling discussion / Re: Tennis League All Thread on: February 09, 2024, 10:30:05 PM
At WTA Abu-Dhabi no surprises today as well: all favourites are through to the semis and all matches were won in straight sets. Semi-finals tomorrow:

Kasatkina v Haddad Maia
Rybakina v Samsonova

Second semi is much much more competitive and interesting in my opinion. Rybakina is a favourite, but Samsonova played flawlessly in Abu Dhabi, she hasn't lost a set yet! This is going to be a real battle! 

166  Economy / Gambling discussion / Re: Tennis League All Thread on: February 09, 2024, 07:10:44 AM
Quarter finals are set for the Open 13, Marseille and there are no straight forward betting
opportunities IMO.

Humbert v Davidovich Fokina - seeds 4 and 5 play off, I have an itch to back Humbert
again but IDK, he is favourite @ 1.59 and is playing at home...

Hurkacz v Machac - is there an upset coming here? can the french player beat the no.1 seed?
The odds are 1.49 v 2.90, I'm not going to do it but i give Machac a closer chance.

Zhang v Khachanov - I'm surprised to see Zhang big outsider here @ 3.20. He played
great today to beat Felix AA.

Rinderknech v Dimitrov - Dimitrov the second seed is going great in this tournament,
he might even win it outright.
I would avoid the first match as well. Too risky, too close. As to the remaining ones, there's pretty high probability that guys like Hurkacz, Khachanov and Dimitrov are going to win. Dimitrov is sooo freaking good, it should be easy for him. He has good chances to win the entire tournament. Hurkacz has also improved lately, I guess working with that Isner's coach is benefitial for him. Big serve!

P.S. Tomas Machac is Czech not French
167  Economy / Economics / Re: "Shrinkflation" is coming back as a narrative on: February 08, 2024, 08:52:48 PM
Because the economic situation in some regions of the world continue to worsen, politicians are using newly invented economic terms like "Shrinkflation" to to blame the companies as being too greedy, and to "rationalize" the effects of printing too much money and having too much debt - that the government may never repay.

I believe as Bitcoin HODLers, we should welcome more money-printing because Bitcoin will absorb some of that excess liquidity, and make the price surge. But it should also make us more distrustful of the policy makers because they know there's no "Shrinkflation", only inflation and the negative effects of money-printing.

I'm not sure if it's good for Bitcoin. In fact, anything that reduces purchasing power prevents people from buying extra Bitcoin and forces them to focus on buying necessities like food, water, clothing, shelter, energy etc. They simply can't afford to invest anymore.
168  Bitcoin / Bitcoin Discussion / Re: A student investing in bitcoin? on: February 08, 2024, 08:01:50 PM
I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?


Firstly, you need to understand that it's never late to invest in Bitcoin. Best time to invest in Bitcoin is now. No matter when, it's time to invest in Bitcoin at any given moment in time. So yeah, you definitely should invest your savings in Bitcoin ASAP. 

169  Economy / Economics / Re: Economic Implications of War on Individuals on: February 08, 2024, 03:26:53 PM
European countries are now faced with the need to transfer their economies to a military footing, since it is already obvious that Russia will not limit itself to seizing the territory of Ukraine. This means that instead of efforts aimed at improving people’s lives, shells and missiles will be manufactured that will cause yet another mass of deaths.
Really? Obvious? Can you provide any source, colonel?  Grin It doesn't look obvious to me at all. Russia will be exhausted after the war and they can't confront the entire NATO. That's BS. And why do your think Russia is going to seize the territory of Ukraine? Please quote any Russian politician or government official saying that.

Nobody is forcing them to manufacture weapons. They themselves decided to choose a side in this conflict.
To begin with, Russia, until the last day before the full-scale invasion of Ukrainian territory in February 2022, also denied that they were going to attack Ukraine. At the same time, top Russian officials, including Putin, have repeatedly denied the existence of invasion plans and even ridiculed such Western fears. But they deceived and attacked.

I give examples.
The American newspaper The Washington Post was the first to publicly report the suspicious gathering of Russian troops to the border with Ukraine on October 30, 2021, and on November 1, this information with published satellite images was confirmed by Politico. The first reaction from the Russian side came on November 3, when the official representative of the Russian Foreign Ministry, Maria Zakharova, called these messages an “information salvo” and a “fake campaign.”

On November 12, Putin’s press secretary Dmitry Peskov also joined in the denials. "Headlines like this are nothing more than empty, baseless escalation of tension. Russia poses no threat to anyone," he said. Later, Peskov tried to present this information as “camouflage to cover up the aggressive thoughts” not of Moscow, but of Kyiv, which allegedly wanted to “solve the problem of the southeast by force.”

On December 26, the press secretary of the President of the Russian Federation answered Vladimir Solovyov’s question whether Russia would attack first: “Russia has never attacked anyone first.” On February 20, Peskov expanded on this idea: “Russia, which has experienced so many wars, is the last country in Europe that even wants to utter the word “war.”

Russian Foreign Minister Sergei Lavrov also actively tried to convince the world community that Russia would not start a war. Speaking on January 21 at a press conference in Geneva after a meeting with US Secretary of State Antony Blinken, he said, answering a question from an American journalist: “You are claiming that we are going to attack Ukraine, although we have already explained many times that this is not so. that this will happen, you immediately ask: “Why now?” And when should we not attack?” It seems that on February 24, a serious answer appeared to Lavrov’s humorous question.

On February 15, nine days before the invasion of Russian troops in Ukraine, the head of the Russian Foreign Ministry called statements about an impending attack by Russia “information terrorism” and laughed at a Polish journalist who, at a press conference between Lavrov and Polish Foreign Minister Zbigniew Rau, asked: “That is, invasion will not be?". The head of Russian diplomacy called the media employee “unintelligible.”

Personally, Russian President Putin has also repeatedly denied plans to attack Ukraine. At the “Russia Calling” investment forum on November 30, 2021, he answered a direct question from one of the businessmen: “Should investors be wary of the possible deployment of Russian troops to Ukraine?” Putin reassured him: “Look, they talked about the possible entry of Russian troops into Ukraine at the beginning of the year - we conducted the Zapad-2021 exercises - but, as we see, this did not happen.”

After negotiations with French leader Emmanuel Macron on February 8, the Russian President again emphasized that the fears are unfounded: “The movement of our troops on our own, I want to emphasize, territory is presented as a threat of Russian invasion - in this case to Ukraine. The Baltic countries allegedly also feel in danger, and other states are our neighbors. On what basis is not very clear."

Even on February 22, having announced the recognition of the self-proclaimed “DPR” and “LPR” within the borders of the Donetsk and Lugansk regions of Ukraine, Putin argued that this did not mean war: “We expect, and I want to emphasize this, that all controversial issues will be resolved during negotiations between the current Kyiv authorities and the leadership of these republics."

Moreover, de facto declaring the start of war with Ukraine, the Russian President continued to contradict himself: “At the same time, our plans do not include the occupation of Ukrainian territories. We are not going to impose anything on anyone by force.”

  At various times in recent years, the Kremlin has expressed threats of attack against Latvia, Lithuania, Estonia, Finland, Moldova, Poland, Kazakhstan and even Germany. What, are they also lying?

Regarding why Russia attacked Ukraine, the reasons and goals of this attack are still periodically changed there. From the “demilitarization” and “denazification” of Ukraine in the early days of the attack, to the statement by the governor of St. Petersburg that the motivation for such an attack was the fight against the mythical gender-neutral toilets in Ukraine.
https://24tv.ua/ru/rossijskaja-propaganda-gubernator-peterburga-zajavil-chto-rossija_n2472841

You have written whole 12 paragraphs of text but 0 proof. No facts, no sources. You have ignored my point, my question completely. Like a typical troll. 

I will paste my questions below once again: Really? Obvious? Can you provide any source, colonel?  Grin It doesn't look obvious to me at all. Russia will be exhausted after the war and they can't confront the entire NATO. That's BS. And why do your think Russia is going to seize the territory of Ukraine? Please quote any Russian politician or government official saying that.

Which part of it you don't understand? I will translate this post into Ukrainian for you:

 справді? Очевидно? Чи можете ви надати якесь джерело, полковнику? Grin Мені це зовсім не здається очевидним. Росія виснажиться після війни і не зможе протистояти всьому НАТО. Це БС. І чому, на вашу думку, Росія збирається захопити територію України? Будь ласка, процитуйте будь-якого російського політика чи урядовця, який би це сказав.

And you're unhappy I'm calling you retarded? Only retarded people can't comprehend what they're being told.
170  Economy / Gambling discussion / Re: This was my highest risk. on: February 08, 2024, 02:59:39 PM

I just want to share this with my fellow bettors.
Have you ever taken such a huge risk on gambling before?
Yesterday I experienced what I have never experienced before but I am very much happier because my risk wasn't in vain.

A friend of mine sold her bet to me 20k Nigerian naira and I bought it because there was a cash-out on the bet, and the cash out was 20k Nigerian naira.
Besides, the games are 21 in total and 19 out of the games have entered so the games was remaining just 2 and that was why I bought the bet with a whole 20k Nigerian naira.

This is the highest risk I have ever taken on gamble.  :)Why I called this the highest risk was because if the remaining 2 games lose I will be the loser and not my friend, so that risk was very terrible but I just have to take the risk because I already have in mind that you can not win if you do not risk. But to cut long story short, I win the bet, this was like sharing the money equally with my friend.
So have you ever taken such a risk on gambe before?

I rarely place combo bets as they're very risky. Yes, of course, you risk big - you win big. But the risk is still there and I tried it many times actually but I was unlucky. Max combo I tried was like 5-6 matches. My win % on a 6 match combo for example is 0%  Grin
171  Economy / Economics / Re: Will the world soon become tired of the US dollar? on: February 08, 2024, 01:45:18 PM
Yes, It's very obvious that most countries around the world expecially the brics nations are no longer using dollars to trade again, due to the fact that most of them knows that the American are now using it as a weapon against countries around the world that doesn't do their bidings, and to me this is the beginning of the end of the dollar dominance in world trade, because when the brics nations finally launch the brics currency,  the us dollar would not be needed anymore by the brics nations, even now, they have stop using the us dollar, so the dedollarization process is already on now.

Weaponizing currencies was never a good idea. It adds more "fuel" to rising geopolitical tensions. Countries must work together to make our world a better place. I'm afraid the COVID-19 pandemic and wars have damaged the mainstream economy to a point beyond repair. The US has its days numbered due to ever-increasing national debt. With more countries abandoning the USD, it should only be a matter of time before American hegomony becomes history.

Instead of BRICS having its own currency, why not adopt Bitcoin instead? With some countries already adopting it as legal tender, there's a possibility Bitcoin will become the reserve currency of the world. That's assuming scaling and volatility issues are put down to rest. It's an uncertain future, so we can only hope for the best.  Undecided

It's very logical, unfortunately governments are anti-Bitcoin by design. To them, Bitcoin means anarchy, tax evasion, money laundering and other crime. There are some pro-Bitcoin governments, mostly thanks to several personalities (like Nayib Bukele) who are Bitcoin hodlers themselves. But give Bitcoin some time and I'm sure it will become a global reserve currency eventually.
172  Economy / Gambling discussion / Re: Tennis League All Thread on: February 08, 2024, 01:34:13 PM
Heather Watson had a bad start to the season but found her groove here and recovered mentally to beat Kenin and Kudermetova. Bucsa also managed to beat Wang in three sets. Obviously, we are facing an even match. It should be an enjoyable match.
Rybakina is back on court for the first time since the Australian Open. Danielle Collins, who seems to have recovered from injuries, looked in fine form against Osaka, winning her last three matches without a set. Rybakina is the favorite for victory, but Collins will not give up with her good serve.

Rybakina v Collins live now. The American is in the lead right now 3:2. Was watching Sevastova v Avanesyan in Cluj-Napoca, quite an exciting match and superb play by the Latvian veteran returning from a maternity leave: Sevastova is winning 6:2, 6:5.
173  Economy / Gambling discussion / Re: Tennis League All Thread on: February 07, 2024, 08:20:53 PM
That was a short collaboration. Rune and Boris Becker wanted to work together for a longer period of time. But now after 4 months, they have ended their collaboration and Boris Becker is no longer his coach. Very surprising. But it seems to be the case that Boris cannot look after Rune as it is necessary. So there was another coach, Severin Lüthi. But he has also end the work with him. Hopefully Rune will quickly find a coaching team that suits him better.

I don't know why the new coach was not suitable for him to be honest. but I think his recent performance has played a part in it. there might be something personal as well I don't know. what I know is that he was clearly in a lot of pain in the last match of the semi finals.  he was actually playing well even with the forearm injury.  I believe he could have gone to the finals of the tournament if he did not have any injury and he was 100% okay

 Anyway let's talk about the coach, I think he will be able to find a new one quickly.  That should not be a big problem for a player like him. Undoubtedly, numerous personnel will express interest in the position.

Perhaps, perhaps... well, we can only speculate on who could become a new coach of Rune. Who's available atm from the big names? Toni Nadal? Mark Philippoussis? Dani Vallverdu? Or is Dani back to working with Grigor now? Perhaps some academy? Rafa Nadal Academy? Back to Mouratoglou? Any thoughts?
174  Economy / Economics / Re: Economic Implications of War on Individuals on: February 07, 2024, 06:32:25 PM
European countries are now faced with the need to transfer their economies to a military footing, since it is already obvious that Russia will not limit itself to seizing the territory of Ukraine. This means that instead of efforts aimed at improving people’s lives, shells and missiles will be manufactured that will cause yet another mass of deaths.
Really? Obvious? Can you provide any source, colonel?  Grin It doesn't look obvious to me at all. Russia will be exhausted after the war and they can't confront the entire NATO. That's BS. And why do your think Russia is going to seize the territory of Ukraine? Please quote any Russian politician or government official saying that.

Nobody is forcing them to manufacture weapons. They themselves decided to choose a side in this conflict.
To begin with, Russia, until the last day before the full-scale invasion of Ukrainian territory in February 2022, also denied that they were going to attack Ukraine. At the same time, top Russian officials, including Putin, have repeatedly denied the existence of invasion plans and even ridiculed such Western fears. But they deceived and attacked.

I give examples.
The American newspaper The Washington Post was the first to publicly report the suspicious gathering of Russian troops to the border with Ukraine on October 30, 2021, and on November 1, this information with published satellite images was confirmed by Politico. The first reaction from the Russian side came on November 3, when the official representative of the Russian Foreign Ministry, Maria Zakharova, called these messages an “information salvo” and a “fake campaign.”

On November 12, Putin’s press secretary Dmitry Peskov also joined in the denials. "Headlines like this are nothing more than empty, baseless escalation of tension. Russia poses no threat to anyone," he said. Later, Peskov tried to present this information as “camouflage to cover up the aggressive thoughts” not of Moscow, but of Kyiv, which allegedly wanted to “solve the problem of the southeast by force.”

On December 26, the press secretary of the President of the Russian Federation answered Vladimir Solovyov’s question whether Russia would attack first: “Russia has never attacked anyone first.” On February 20, Peskov expanded on this idea: “Russia, which has experienced so many wars, is the last country in Europe that even wants to utter the word “war.”

Russian Foreign Minister Sergei Lavrov also actively tried to convince the world community that Russia would not start a war. Speaking on January 21 at a press conference in Geneva after a meeting with US Secretary of State Antony Blinken, he said, answering a question from an American journalist: “You are claiming that we are going to attack Ukraine, although we have already explained many times that this is not so. that this will happen, you immediately ask: “Why now?” And when should we not attack?” It seems that on February 24, a serious answer appeared to Lavrov’s humorous question.

On February 15, nine days before the invasion of Russian troops in Ukraine, the head of the Russian Foreign Ministry called statements about an impending attack by Russia “information terrorism” and laughed at a Polish journalist who, at a press conference between Lavrov and Polish Foreign Minister Zbigniew Rau, asked: “That is, invasion will not be?". The head of Russian diplomacy called the media employee “unintelligible.”

Personally, Russian President Putin has also repeatedly denied plans to attack Ukraine. At the “Russia Calling” investment forum on November 30, 2021, he answered a direct question from one of the businessmen: “Should investors be wary of the possible deployment of Russian troops to Ukraine?” Putin reassured him: “Look, they talked about the possible entry of Russian troops into Ukraine at the beginning of the year - we conducted the Zapad-2021 exercises - but, as we see, this did not happen.”

After negotiations with French leader Emmanuel Macron on February 8, the Russian President again emphasized that the fears are unfounded: “The movement of our troops on our own, I want to emphasize, territory is presented as a threat of Russian invasion - in this case to Ukraine. The Baltic countries allegedly also feel in danger, and other states are our neighbors. On what basis is not very clear."

Even on February 22, having announced the recognition of the self-proclaimed “DPR” and “LPR” within the borders of the Donetsk and Lugansk regions of Ukraine, Putin argued that this did not mean war: “We expect, and I want to emphasize this, that all controversial issues will be resolved during negotiations between the current Kyiv authorities and the leadership of these republics."

Moreover, de facto declaring the start of war with Ukraine, the Russian President continued to contradict himself: “At the same time, our plans do not include the occupation of Ukrainian territories. We are not going to impose anything on anyone by force.”

  At various times in recent years, the Kremlin has expressed threats of attack against Latvia, Lithuania, Estonia, Finland, Moldova, Poland, Kazakhstan and even Germany. What, are they also lying?

Regarding why Russia attacked Ukraine, the reasons and goals of this attack are still periodically changed there. From the “demilitarization” and “denazification” of Ukraine in the early days of the attack, to the statement by the governor of St. Petersburg that the motivation for such an attack was the fight against the mythical gender-neutral toilets in Ukraine.
https://24tv.ua/ru/rossijskaja-propaganda-gubernator-peterburga-zajavil-chto-rossija_n2472841

But what did you expect? Russia doesn't want a hostile country right next to it's border, hundreds of kilometres away from Moscow... Imagine Putin visiting Mexico and giving away cookies to people in order to overthrow the government and install a new pro-Russian one. Then flooding Mexico with Russian arms and training Mexican military. What would the US do?  Grin
175  Economy / Economics / Re: Poor people need solution now on: February 07, 2024, 03:53:25 PM
I lived amongst poor people and tried to employ them. (OK, US)

Failed miserably. Being poor is a mindset, they wanted to be that way.  I would pay them and not see them for days. Most of the time they scored some drugs or it was just enough to get by, but never get ahead. They would score some weed and a new shiny bong but the power would be out and what food they had would spoil.

Put a new tire on the car to get to work or a crappy pawn shop guitar, the guitar.

In the end I had them bring me their bills and I would pay them first, meet me at the gas station before work and I would gas their cars Monday morning. I would pay them what was left over in cash, couldn't hold a bank account. They massively resented this.

Waste of time and money. They will never change.

I could argue. It seems you were just unlucky or dealing with a specific group of people (homeless? junkies?). I personally know at least a handful of guys whom I guess you could call poor, but who would be happy to work for just a fraction of an average pay. They would do literally anything if you offer them a job. And current economic downturn increases the number of such people day by day.
176  Economy / Speculation / Re: Bullrun top on: February 07, 2024, 03:34:09 PM
yes, bullish will occur at the end of the year 2024 or early 2025. we will see a drastic increase in the price of bitcoin and altcoins, my estimate is that the price of bitcoin will touch ATH of at least $150k in the upcoming bull run. This is quite reasonable as $150k is only about 2x the previous ATH.
This is not just about making sense, but also about market conditions in general and also about the time conditions that could allow this to happen. $150K is a very large amount for the next ATH if we compare it with the previous ATH, because if Bitcoin is able to pass the $70K mark it should be considered an ATH. So there is no need to think that it will be easy and can be exactly what you say because it is still possible to miss what you say. This is a prediction and everyone needs to see how the market reacts after the halving within this year.

$150k sounds realistic to me. The returns are diminishing, last cycle we pumped what? x3 from the previous ATH? 2017 cycle top was x20! 2013 even more? So we can expect anything between x2-x3 which is roughly $140k-210k.
177  Economy / Economics / Re: Poor people need solution now on: February 07, 2024, 08:48:03 AM
This is solution, first they need to Understood the system does not serve their needs.
What they could do is start using their own Community money backed by food and fruits.
Becouse If your Community grow food you can never be poor poor people you see your goverment don't care, why you use someones money who don't care about you ?
Leave your goverment currency and issue your own Community money.
And If your poor Community Grow food it means other people out of your Community need your food, so in order to get your Community food they need to obey your Community rules and they need to buy your Community money with rate that's beneficial for you.
Same goes for Europe farmers,stop play around with goverment just issue your own money stronger money and tell them you want our product you buy our currency or you can starve.

If you see someone not good with you then leave their system people only Are poor becouse they go along with the system , nobody not superior of you we all are Humans so If create the our own system then we prosper.

So Communities If you got food everybody out of your Community need food so you issue your own currency and you gain wealth.
And all the Community using this currency nobody poor anymore or problems.

By the time you grow more the less power goverment will have over you.
If you see something not benecifial for you dont use it.

I don't use Banks anymore i told my bank you are scam.
If system does not make you wealthy don't use it.

I Also told my bank you have so much money why don't you share % with me ? Becouse Im share holder of BANK if i invest in bank my money held by bank its Investment.
So they are crooks just becouse the people are use to with something doesnt mean it's honest by nature.

So Communities If you got food you are blessed issue your own money and stop dealing with people who don't benefit you.
If you issue your own money and goverment come to buy with their money you can set your own rate higher so If they don't want then you sell to those who want.
Off course they want becouse everybody need to eat
So you make your own money and your own Community people all live Nice.

Easier said than done. The government won't let you do any of this. Issuing your own currency will definitely lead to some serious issues with law. Poor people are profitable for any government and corporations because they can be used as slaves and can be paid meagre salaries, thus making the rich even richer. So most of the points you're sharing here may lead to you getting arrested and possibly convicted.
178  Economy / Gambling discussion / Re: Tennis League All Thread on: February 07, 2024, 08:01:51 AM
^
Offhand it sounds like something similar to that Gold tournament that was supposed to
rival the normal competition organisation I know very little about Golf.....



I'm still hoping Naomi can get back to winning ways and soon!

Wins for Korda and Lehecka as predicted but all in 3 sets.

I was watching the Gaston v Shapo match earlier and when Shapo broke Gaston in the
third set I switched off but Gaston won by breaking back and winning that set 6-3, that would
have been a perfect time to put a bet on Gaston, I recon he had great odds then....hindsight is great.

Yes, Gaston is through 7:5, 1:6, 6:3. Shapovalov is still on the miserable losing streak, perhaps should consider firing his coach too? Gaston is to meet his compatriot Ugo Humbert in the next round. Some other interesting matches in the Round of 16 include: Hurkacz v Shevchenko, Machac v Musetti and Korda v Dimitrov. This is going to be fun!
179  Economy / Economics / Re: Will the world soon become tired of the US dollar? on: February 06, 2024, 10:25:53 PM
They'll get tired of it as soon as the empire of US government falls, that's the only way that it can make the world lose interest in the US dollar, the global market is so tied with the US as it's global currency that it's difficult to say that the world will ever get tired. I don't think that people will get tired of it that easy, maybe a flash crash on the USD and we will see something different and I'm proven wrong that we will quickly get tired and replace US dollar but seeing the influence of USA to other countries, I think that it's going to be difficult to happen.

It will, believe me. Same thing happened to all the global reserve currencies before. Pounds, francs, reals, guldens they all are history as a global currency. Same fate awaits the US dollar, the question is not if but when... 
180  Economy / Gambling discussion / Re: Tennis League All Thread on: February 06, 2024, 08:31:01 PM
Yea, last year Murray was good for the early rounds against a lot of players outside
the top 20 but Machac has been around for a few years and is only 23, he is ranked 66
and Murray ranked 49.

Looking back to this years AO Andy got beaten in the first round, I cant say its going
to happen tomorrow too and he is a good price but I playing it safe and not
betting on him, maybe a bet for him to win a set or something like that?

Hi did you place bet on Murray??

Andy Murray lost the match pretty convincingly, to be honest. I definitely did not expect him to lose this match but somehow that happened. I am not trying to take anything away from the player who was able to beat him, Etcheverry. He definitely played well in this match. I was actually surprised to see Murray not even win a single set. I thought he would at least get one set. But it is what it is.

Sorry for your loss... Cry

No loss, I didnt bet on him or on him winning even a set. As I've been saying his is way
too unpredictable. The odds on him winning were appetising and I'm sure some
people made a bet with those odds of 2.75. IMO that result kind of sets a theme for
this year for Murray for any top 50/60 player he meets. He might get lucky and meet a lower
ranked player in a first round.

Just watching Gaston v Shapovalov ATM and some interesting matches coming up

Korda v Grenier
Lehecka v Goffin

Both Korda and Lehecka should won those matches.


Yes, should be easy money, however, Goffin may surprise us with some extraordinary performance. The Belgian can show some solid play from time to time.

Exciting match between Naomi Osaka nad Danielle Collins today. Collins won surprisingly 7-5, 6-0 (Osaka was up 5-4 in the first set). Danielle will have to face No.1 seed Elena Rybakina in the second round of her deadly draw.

All in all, lots of news recently: Rune fired Becker, Pegula parted ways with her coach Witt. Not a secret to anybody who is close to the tennis world that many players evaluate coaches' performance after AO and most coach contracts are being terminated or extended based on performance at the AO. Frankly, Rune's decision seems pretty logical but Pegula firing her coach after 5 years of cooperation came completely out of the blue.

Have your heard anything about the "6 Kings Slam" tournament? The concept looks interesting...
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