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1621  Economy / Speculation / Re: What is your take on the price? on: March 28, 2023, 10:57:20 PM
As for my take on the current price and the market, I still think the demand is increasing every day specially as the banking system fail and the inflation grows since people are losing their faith in the corrupt monetary system and want something that can act as a hedge against inflation.
But the problem is that at the same time we have recession in most countries that are mainly defined in the Western Bloc and in recession people liquidate their assets and are not capable of making more investments.

The combination of these two forces is creating this weird market where price shows all kinds of rising signals and yet it only goes up a little.

I agree, the failure of banks in recent weeks have really contributed to the demand of bitcoin. People now want something that they will be in control of. Its so sad that a lot of these people would leave all those coins in centralized exchanges.
The various targeted attack on the industry is also a reason that is hindering the growth of bitcoin at a relatable stable rate.
Yesterday they price of bitcoin dropped by about 1k dollars after the news that the CTFC was suing Binance broke.
1622  Economy / Economics / Re: Failing bank Silvergate and FDIC are discussing recovery plans on: March 28, 2023, 10:24:39 PM

Some say the internet never forgets. How should financial establishments like silverage and binance go about encouraging people to forget their affiliation with FTX? Could they perhaps shift industries and try to do business in other sectors where no one has heard of them?

It's not going to be an easy task and if not handled properly could lead to more losses. There's no way they can avoid this phase. Even if they start doing business with other sector (which is just a theory), there's no escaping this scrutiny. They just have continue being transparent and consistent when dealing with customers. The scrutiny is not only on Silvergate and Binance alone but a lot of centralized institutions, Its just going to be much worst on the likes of Binance. A lot of people are skeptical and do not trust these institutions anymore. The only way they can win the trust back is to just keep on being transparent.
1623  Economy / Trading Discussion / Re: is bitcoin trading like stock trading, forex, someone in middle or neither? on: March 28, 2023, 04:23:24 PM
trading bitcoin stocks (ASICminer) is like stock trading

trading bitcoin currency is like currency trading


obvi

This is not entirely correct. Yea, they have their similarities but I believe bitcoin is more similar to stock trading than forex trading. In both stock and crypto you own the assets, the difference is, in stock trading you deal through a broker and the broker is not the owner of the asset most times and you mostly trade through an exchange. You can buy a stock without a broker or exchange but the paper work becomes too much for you while in crypto you have the asset and can trade it whenever you want, wherever you want by yourself. Forex trading is just trading currencies of foreign countries.
1624  Economy / Economics / Re: Is some certain lifestyle a waste of money and time ? on: March 28, 2023, 10:51:25 AM
If once in a while you and your friends meet up and have expensive dinners or drinks or both then that's normal but yo do it weekly is something else. Its even way worst if it's four times every week. It just doesn't make sense even if you make a lot of money that can cover the bills and not feel it. Spending so much money on alcohol and unnecessary meals four days out of seven days a week is just another level of stupid for a salary earner responsibilities. At this rate they'll be broke in no time.
People who actually have plans for the future and beneficiaries wouldn't make those kind of decisions. Avoid people like that. Know the kind of company you keep. 
1625  Economy / Gambling discussion / Re: Virtual Betting/ Real bet on: March 27, 2023, 10:40:26 PM
I won't call it manipulation. It's just the urge to keep playing to win more when you win and the urge to win when you lose. It's normal and that's why we have to be careful when gambling. Someone made a topic about chasing losses or closure, something like that. When gambling you always believe the next time will be the next hit so you keep trying and trying till you know it you've lost more than you budgeted. It doesn't work much on sports  betting because the game takes a long amount of time before it finishes and then you place another bet, but in other form of gambling that takes just 3-5 minutes, it's easier to lose your money.  It's not manipulation.
1626  Economy / Gambling discussion / Re: ⚽ UEFA Euro 2024 in Germany ⚽ - Qualifiers on: March 27, 2023, 08:06:58 PM
It was something, the whole world has already given the victory to Denmark. Losing to the 12th team in the FIFA national teams ranking with a score of 0:2 by the 72nd minute and eventually winning 3:2, this undoubtedly entered and will remain in the history of Kazakhstani football and its team as the brightest and most magnificent performance at the dawn of the third decade 21st century.

The Denmark game was a big surprise to me, not because they lost but because they lost despite going 2 nil up. I planned on placing a bet on Denmark but I got too busy and lost track of time, by the time I came the game has already started and Denmark were winning 2-0. I got so angry with myself for not playing the game only for me to check late last night and find out that Kazakhstan won 3-2. It was unbelievable. It was at that point that I realized how lucky I was for not staking on Denmark. I could never have thought that Denmark would lose that game when they were comfortably winning by the 70th minute.
1627  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2022/23 on: March 27, 2023, 04:56:44 PM

By looking at their current condition, actually from the point gain they can still get out of that zone, but the problem is there are some obstacles of course and that cannot be separated from their performance which is still very bad even with several changes made to date.
It will be very good if they manage to secure the remaining matches because for now the best thing for them is to get out of the hell zone they are currently in.

Looking at the teams above them and tough the battle is going to be, they have to fight so hard if they want to want to avoid relegation. In La Liga this season, the teams from the 13th position below are not safe. There's only three points difference from the 13th position to the 19th. So at the end of the season we can see Getafe that is 13th on the table in the relegation zone while Almeria that is 19th now might not get relegated. Valencia can actually escape but boy, what a battle it would be
Teams I feel will be relegated are Elche, Almeria and Valladolid.
1628  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: March 27, 2023, 12:51:41 PM
Well they just need to forget the fact that he's (T.Tuchel) no longer part of them and focus on getting back to winning ways and hitting that top 4 position to enable them play Champions league football next season because I don't see them getting a chance to win the UCL this season.

At this point the only way Chelsea can play in the champions league next season is by winning the competition this season.
They're 10th on the premier league table as it stands, eleven points behind the 4th position. There's no way they can make it to the champions league spot with just eleven games left to play, except the other teams sleep off which they wont because everybody is struggling for European competition next season.
Madrid looks unbeatable in the champions league but they're actually not. We know the kind of team that they are in this competition but it doesn't mean they cannot be beaten. I do not think Chelsea will knock out Madrid but it is not impossible for Chelsea to knock them out either.   
1629  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: March 27, 2023, 12:33:58 PM
Going from Bayern to Tottenham is a step back rather than one forward. Yes he would be in the Premier League and it is all good, but there is nothing to be won with Tottenham now. 

Going from Bayern to Tottenham is not a step back. He's not that big of coach to say he's too big to coach Tottenham. Coaches like Mourinho and Conte that have achieved a lot coached Tottenham so why is Nagelsmann too big for Tottenham? Bayern put a lot of faith in him when they hired him because he has never done a big team let alone be successful in one. Nagelsmann is a good coach but I cant say he's up there with the likes of Pep, Ancelotti, Mourinho. He will be a perfect fit for both Tottenham and Chelsea so if Tottenham actually want him they have to move things quickly and get him before the summer.
1630  Economy / Gambling discussion / Re: UEFA Champions League 2022/23 Season on: March 26, 2023, 09:36:49 PM
Real Madrid is without a doubt the most successful team internationally of the 8 remaining teams. A lot of attention is paid to the teams Bayern Munich and Manchester City, but what about Napoli? They don't drop stitches at all, both in the CL and in the national competition they chop everything that comes their way and the game is also very nice to watch. I think Napoli can make it to the final, but AC Milan is a cunning and experienced opponent. It would be a shame if Napoli just played 2 lesser matches against AC Milan and then flew out. On the other hand, AC Milan has also lost connection with the European top, so they can also use a little success.

As much as I love an underdog story, I don't think Napoli would be able to win the final. According to my predication, Napoli will get to the final, they'll defeat both of the Milan teams to get there. That is if Inter Milan makes it to the semis because to me the Inter vs Benfica fixture is the most difficult to predict. A perfect 50/50 match.
The way i see it, the only club Napoli can actually win in the final is Chelsea and its highly unlikely for Chelsea to make it to the final. Either of Bayern or Man City will defeat Napoli in the final. If Madrid also makes it to the final they will defeat Napoli. I'm mot saying it is impossible for Napoli to win the champions league this season but their chances are too slim.
1631  Economy / Gambling discussion / Re: Chasing looses Vs Finding closure: Any difference? on: March 26, 2023, 08:23:16 PM
This is something that make gamblers incur so much losses. Continuously gambling in the hopes of winning to get your money back is just a perfect way of playing till you no longer have any money left to gamble with. When you've gambled to a certain points and you see that you're just losing, its best you just cut your losses and move on. Don't listen to the tiny little voices that will be telling you things like "you might hit the jackpot in the next round". "why are you giving up now".
There's nothing like closure when you've lost money, You'll just be playing out of desperation and confusion.
1632  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: March 26, 2023, 08:10:47 PM
It seems like it would be too soon for Tottenham to sack Conte, but if Tottenham have reasons not to be cornered by another club then it might be a good decision to make a quick decision too. But yes, if Tottenham do sack Conte then the risk will always be there, because Nagelsmann is the new coach and to manage a Tottenham team that is basically fighting for a place in the top four of the Premier League is a tough job.

Because anyway, it would be more appropriate if the reshuffle happened for the new season and for this season, I think Tottenham would be better off keeping Conte until the end of the season. But if this rumor goes for Chelsea to replace Potter then I think that would be more appropriate.

I don't think Tottemham would be making a mistake now if they fire Conte now and hire Nagelsmann. We saw how Nagelsmann handled Hoffenheim and he wasn't bad at Bayern either, He's a good coach that loves progressive football. Even if they wont hire him now, they can have a verbal agreement with him so they can secure his signature. Teams like Chelsea are on the look out for a coach because if Chelsea finishes the season with nothing then Potter would most likely be fired.
Aside the fact that Tottenham are not playing very well right now, Conte seems to already have too many problems with the people in the club and some of his players. There's bad vibes between them. I may be wrong but if I'm right hell definitely leave at the end of the season, that's if he makes it that far. 
1633  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2022/23 on: March 26, 2023, 12:40:21 PM
With Copa del Roy second leg match is also coming which is also important even they already lost their first leg match at home but still they can do few better things in second leg match which can give them place into final.

The chances of Madrid winning the second leg of the Copa del Rey keeps increasing with the amount of Barca players that are getting injured. Pedri, Dembele and Christensen might all miss the second leg on the 5th of April. Pedri and Dembele had a relapse in their injury while Christensen got injured during this international break. Frenkie and Araujo also missed the international break due to slight injuries. They will not miss the Copa de rey match but they might not be a 100% for the game. I would have said Barcelona has the advantage of playing at home but history has thought us that there's no home advantage in el classico.
Another bad news for Barcelona is that Vinicuis might be available for the match. Initially I thought he would miss the match because he had a yellow card accumulation but I guess the rules are different in the cup.
1634  Economy / Gambling discussion / Re: sports betting - football/soccer on: March 26, 2023, 06:19:03 AM
but what I am trying to emphasize is the fact that sports betting after a certain degree of experience is not gambling anymore.

I don't understand what you mean by this.
Sports betting will always be gimbling no matter the amount of experience you have. Gambling is simply playing a game of chance for money. No matter how experienced in football and gambling is you can never predict the outcome a game at all time. Its always a game of chance to a certain degree. You just predict a certain game based on your understanding of the game (this is were the experience comes in) but yo still need a certain degree of luck.  So I would like to understand how you mean when you say  "sports betting after a certain degree of experience is not gambling anymore".
1635  Economy / Gambling discussion / Re: Africa Football Discussion Thread || Current Topic: AFCON 2023 QUALIFIERS. on: March 25, 2023, 10:25:17 PM
Sincerely I do not see Nigeria qualifying for the African Cup of nations with this poor performance. I don't even know if the team is getting better or declining yearly. We have one of the best quality if you want to rate the squad but our performance is a mess, I really don't see the Super eagles qualifying except they improve along the way but with this level of performance, there’s no way that’s going to happen. When do you guys think we are going to have our glory days once again?

I wont even be surprised if the Super Eagles don't qualify. They've always had quality player but they've never been able to play good football. With the kind of players Nigeria have, they shouldn't be struggling against teams like Guinea Bissau. I think the problem is from the management of the team. And this goes on to all African teams. These teams are poorly managed with a poorly managed local league. African teams have to change their ideology of football. They have to learn to become very technical not just physical. They have to learn to play good football, play like professionals. There are some African teams that play well like Senegal, Tunisia, Algeria but overall, African teams are not impressive and Nigeria is one of those teams that always disappoints with both results and poor performance.
1636  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2022/23 on: March 25, 2023, 09:56:09 PM
La Liga is the first goal and main target for Xavi in Barcelona and they are not going to lose this chance obviously because they are near to getting the title and their traditional and main competitor Real Madrid is far from them with 12 points difference. Barcelona's second target can Copa del Rey when they have to beat Real Madrid again, but currently, they won't lose the chance to take the title in La Liga.

Barcelona were really unlucky the way they were knocked out of the UCL. They had very serious fixtures in a very difficult time. The fixtures came when all of their defenders were out injured. They deserved to win Inter Milan and they should also have won Bayern. Same thing happened in the Europa league against man united. Take nothing away from Man United but they were lucky Barcelona were not with their complete squad.

As for the league they have put in their best and tried to be consistent even when they had players out injured. They fought a hard fight to be able to give their eternal rivals a 12 points gap.
The copa del rey second leg is the tricky one. A lot of Barca players are getting injured again and they will miss the second leg against Madrid. Madrid might take advantage of that and hurt Barcelona.
1637  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: March 25, 2023, 03:41:46 PM
To be honest, I see more that there is internal discord within Bayern, whether it's with club officials, or problems in the locker room. But the problem is whether Tuchel can make Bayern instantly become a stronger team. interesting, so let's wait.

Bayern took a lot of risk sacking their coach mid season. Bayern were not doing very badly with Julian Nagelsmann, they just weren't doing as well as they did under Flick. Bringing Tuchel is another big risk. I also don't think he will do better than Nagelsmann. Tuchel is a good coach but I just don't see him succeeding in the long run at Bayern. He doesn't play the kind of football that Bayern plays. He's more defensive and attacks when he has a chance. Bayern like attacking at all time and if Tuchel's team attack at all times they will be vulnerable at the back. It will be very interesting to see how Tuchel's Bayern play.
1638  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: March 25, 2023, 10:47:48 AM
Both teams both want to aim for three points to achieve their respective targets. Manchester City certainly don't want to lose their momentum at the Etihad Stadium. Three points is an absolute thing to catch Arsenal at the top of the standings. Meanwhile, Liverpool, even with their inconsistent appearance, will still try their best to bring home points. Even though the chances are a bit thin, Liverpool still carries the mission of winning the top four positions. In that match I also favored Manchester City to come out victorious.

I'd bet on Man City but its a 50/50 game. These kind of matches don't usually go in the way of the player that is in more form. Man City are in a better form but it doesn't mean they'll definitely win Liverpool. We saw how Liverpool ripped Man United apart although I don't think they can do the same to Man City. Man City needs the three points if they want to keep their title race alive because if they don't win then Arsenal wound have taken a very big step closer to the epl title. Liverpool too needs the win to keep their hopes of playing champions league football alive. So despite Man City being the better team at the moment, Liverpool is not going to be a push over for them.
1639  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: March 25, 2023, 08:48:37 AM
The Serie A league has indeed become competitive again, different from Napoli, it is difficult to reach, only in table 2 to the bottom, which has the potential to fight for qualification for the champions league.

There is a strong competition at every point of the Serie A except for the top of the table spot. Napoli are on a league of their own this season. They're miles ahead of the rest and are unstoppable right now. But that does not reduce the competition of the league in anyway. Only four points separates the second position from the fourth. I also have to give it to Lazio. They've been impressive for past couple of seasons but this time around they're doing really good. While Milan and Inter were been inconsistent and while Juventus were getting 15 points deducted from them, Lazio has been using that opportunity to claim up the ladder and overtake all of them. They've been inconsistent in other competitions like the conference league and Coppa Italia but in the league they've kept their heads up and are now in second position with two points ahead of Inter Milan and four points ahead of AC Milan, Five ahead of Roma.
I am so excited to see how this race ends.
1640  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: March 23, 2023, 09:32:19 PM
I am actually interested to see if Harry Kane actually makes an effort to play for the Real Madrid squad, especially after the sacking of his coach. We all know that Tottenham is not in the best situation right now. So it is not going to be surprised if Harry Kane tries to push a move with Real Madrid.

It is absolutely true that Mbappe did choose money over his dream club when it counted. So there is no certainty that he's not going to do that again. And I wonder if Real Madrid wants to bring a player like that who is not true to his word and breaks commitment.

I would really like to see Harry Kane play for Real Madrid. He's a great striker and among the best in his position so he deserves a top team like Madrid but like I've always said that is almost impossible. Aside the fact that Madrid have to convince the player to leave England and come play for Madrid, I don't think Spurs would let him go. If Kane actually want to joins Madrid then he has to force a move out of Tottenham.

As for Mbappe I believe he will still make it to Madrid. Don't make it look like he did what other players haven't done before. Everybody is only looking after themselves including Madrid. Mbappe made a decision that seemed the best for him at the time, everybody has to accept that. He owes Madrid nothing. He is not under contract, there was not even a verbal agreement between Mbappe and Real Madrid, so him deciding to remain at PSG is what every player does.
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