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1641  Economy / Economics / Re: Is the market still profitable for new projects? on: August 09, 2023, 11:55:45 AM


So my question is: is this market still profitable for new projects?

The cryptocurrency industry is still in its infancy so new projects are always welcome and will appear daily. And from what I see, the return from new projects will always be greater than the old ones but the risk will also be much higher. That is also why those who invest in altcoins are less inclined to invest in old projects, they will look for new projects for the upcoming bull run in the hope of getting more profits.

I guess you are looking to invest in new projects to earn bigger profits, right? There is nothing wrong with that but be careful with them because the higher the return the higher the risk. It is better to invest most of your investment in bitcoin, only a little in altcoins.
new projects still have prospects for development, and actually there are many prospective new projects, but there are indeed more new projects that end up being scammed, therefore if we are still beginners, I suggest not choosing a new project to invest in, but investing in major coins which provides security in investing, even though by choosing a new project we can get multiple profits, but if it is wrong it will actually make us lose funds, because many projects have stopped

I agree. If you are only a beginner in the field then it is advisable to not invest in new projects because of the risk it may cause, such as getting scammed. It is better for beginners to try investing with already existing projects to be safe and once you are able to get more experience and knowledge then you can risk investing in new projects with proper research and caution.
1642  Economy / Economics / Re: Inflation is making a mess of my savings. on: August 09, 2023, 11:22:43 AM
Bruh, mine got both of these and it just sucks for me to somehow limit my expenses and somehow be bombarded with annoying bills and yeah, taxes. Can't do anything about it anyway even if ya blame the government. People have been doing that kinds of stuff already in here, but nah. Wish it kinda gave effect, but it's just the same as always.

We can only hope. Good thing I hold Bitcoin though. Kinda somehow adapting to what's going on around me. It just sucks when you work 9-5.
Damn! That's tough. The silver lining here is that the global economic issues are decreasing slowly and steadily which implies everything will be back to normal in a couple of years hopefully.

Crypto does help mitigate these issues to some extent, but the annoying governments are taxing the heck of it too.

And that's the sad part though, it will take years for everything to go back to normal again and by that time my savings account would either be long gone or in a state of calamity. It's hard to keep up with the expenses cause it just keeps on coming. Crypto is helping but right now finance is still difficult to manage.
1643  Economy / Gambling discussion / Re: [Boxing] Inoue vs Tapales for Unified Super Bantamweight Title - November on: August 08, 2023, 11:53:16 PM

Inoue is like a completionist in a video game: taking up every possible achievement there is before moving on to the next. I'm sure his camp would also want that to happen, and to also prepare him for the next weight up. Sort of like defeating the last boss on every floor before moving on to the next level. They wouldn't want their champion to experience defeat by not being prepared for the said weight class, so they'd farm a lot of experience and study their opponents before taking the fight head on.

Because he can beat everybody in divisions where he can manage his power and speed and as long as he can carry that speed and power he is dangerous, he has a blinding speed like Pacquiao, in boxing speed and power is everything, Pacquiao has done it carrying both in the higher weight category, Inoue can conquer territories if his body mass is built properly that could hamper his speed, sometimes I am in awed how Pacquiao manage to build his body mass perfectly while maintaining his speed and power.
Inoue has someone to look up to when continuously moving from upper weight and that is Manny Pacquiao.

True. If there's someone he can take notes from, it's. from the 8-division world champion himself. Manny managed to carry that punching power, speed, and weight until his 40s, and even at that age he's still someone who's someone to be feared at - and rightfully so. His fight with Ugas showed him in a slower state, although when compared to other boxers at their prime, it's still something that is way above them. I'm sure Inoue can reach out to Manny's camp for notes, or some form of mentorship if the Japanese's camp really wants to conquer every weight division that Inoue can physically climb to.
1644  Economy / Gambling discussion / Re: Boxing Speculation, Odds and Predictions on: August 08, 2023, 11:39:28 PM

Not sure if you are aware that the Joshua vs Whyte fight has been cancelled already due to Dillian Whyte tested positive for some ban substance through Voluntary Anti-Doping Association (VADA).

In any case, match room's Eddie Hearn can find a replacement fighter here so that this fight is not totally postponed as others boxers in the undercard have prepared already. And for sure we will follow the case as Whyte is going to appeal and proved that he is innocence.

Dang! I didn't know that thanks for the info, it surely helps surely I haven't seen the news until I have seen some comments on Tapology this one


Then you confirmed with your post it was a bummer because we don't have pretty much upcoming good fights, although this is not really a good fight because Dillian Whyte is a picked fighter for Anthony Joshua so it is still a bummer for canceling the fight and Tapology not updating their post about it,
The replacement for the fight will be Robert Helenius who has just some few days to prepare to fight one of the biggest names in boxing. I do not know how well he will be able to perform against Anthony Joshua since it is an impromptu arrangement, but he has fought some other people and has very good experience in the ring with top rated boxers like Deontay Wilder, Derek Chisora and others, so he can pull a surprising upset in the game fight. In his last fight, he was knocked out Deontay Wilder and can also be knocked out by Anthony Joshua if he gets hit by Anthony Joshua's fist.

https://www.manchestereveningnews.co.uk/sport/boxing/anthony-joshua-replacement-whyte-helenius-27478291



It is, at best, a mid matchup. Helenius is old, and his last bout is against a relatively new fighter in the professional scene. His knockout against Wilder proves that he's not the type to go against the current greats in his division. Pretty sure that he'll get worked pretty easily by Anthony Joshua in their upcoming fight, given that he hasn't really had enough time to prepare for this fight due to it being short notice and him acting as a replacement. Odds will be stacked against this dude, and it's safe to say that it's not a bet that most will be willing to take unless they want to collect a few % gains on their capital.
1645  Other / Off-topic / Re: Keeping your gambling habit a secret. on: August 08, 2023, 11:10:52 PM
Personally, I don't really feel that it's interesting for someone to know about my gambling habits. Sure, the first thing that they'll ask is if I ever won a huge amount or not (which the answer is, unfortunately a big resounding no) but that's just about it. Unless they're also gamblers then I'd feel somewhat okay with talking about it for a little then shift the conversation to something else. I feel like gambling, as a conversation piece, isn't always the best thing to bring up, though you can forge connections quite easily with it and sometimes meet interesting people.

Over the years, I'm not really that afraid being tagged as a degenerate based on my gambling habits. Let them judge, they're not funding my gambling activities anyway.
1646  Economy / Gambling discussion / Re: Peer pressure as a substantial gambling catalyst. on: August 08, 2023, 10:30:19 PM
I tried gambling all by myself, and it's something that never really caught on to me. It somewhat became a necessity since I don't have anything to do on the weekends and have to kill time, else I'd just sleep all day and not really have anything to do for myself. I have friends, workmates, and other colleagues that are gambling and sometimes discuss about what their bets are. I listen quite a bit but do not add much to the conversation, and would sometimes just steer the topic away from it because I find it not that interesting to talk about the bet itself, but more on the event that they placed their bet on.

Other people might find peer pressure really strong in order to drive them to gamble, while some already thought of the possibility and are actively avoiding it for their own sake.
1647  Economy / Gambling / Re: Cloudbet verification stuck for more than 1 week on: August 08, 2023, 09:20:41 PM
They seem to have abandoned their accounts here in bitcointalk, or currently does not have any representative present to help you with your case. Keep bugging the hell out of them in their customer support emails with followups, and hopefully they return your request or even update you with what's happening. They've not scammed people before albeit the neutral feedback on their profile, though if I were you, I would really feel worried about that funds stuck on a platform that is not visible nor active here in this forum.
1648  Local / Pilipinas / Re: Inflation sa Pilipinas - Kamusta ang mga kabayan natin dito sa forum on: August 08, 2023, 04:08:20 PM
Grabe at ramdam na ramdam ang taas ng bilihin ngayon dahil sa inflation. Kada lakas ko makikita ko nalang kung gano tumataas ng presyo ng bilihin. Yung dating pang isang buwan na grocery nagiging pang dalawang linggo nalang. Yung dating kain sa restaurant na 1,000 pesos nagiging 2,000 pataas minsan kulang pa. Halos wala ng produkto ang hindi tumataas ng presyo na yung kita kada buwan ay halos kulangin na.
1649  Bitcoin / Bitcoin Discussion / Re: can Bitcoin provide food for our table on: August 08, 2023, 02:15:36 PM
Well it depends to be honest. Unless you are making it a full time job for you to trade and invest (or any job that revolves btc) then no, it wouldn't be a stable source of income to provide food for the family. Personally, I don't rely on Bitcoin for regular bills and fees like that because Bitcoin can be unstable, having an actual job is still a better option for me. But again, it depends.
1650  Bitcoin / Bitcoin Discussion / Re: Don't expect everyone to embrace Bitcoin on: August 08, 2023, 01:58:29 PM
We understand that Bitcoin is not suitable for everyone, as most people have financial problems. We know that investing in Bitcoin requires money first and not everyone always has that money. If you go to teach an old man about Bitcoin, he will definitely not accept Bitcoin because he doesn't understand anything about Bitcoin. But if you teach the youth of today's society about Bitcoin, they will soon understand and accept this education. Because the difference between old people and young people is their mentality in the society old people never believe in this virtual currency and young people are educated and they understand about virtual only if they understand them a little. As today's people are always rushing for online income, learning about Bitcoin will make them especially interested in investing. But not all people will want to invest because not everyone has money and financial problems never interest them to invest. Although people don't like bitcoin because of financial problems but those who have spiritual knowledge always think positive side of bitcoin. So it is a fact that people who don't think Bitcoin is suitable will not accept Bitcoin even if they are taught hundreds of times, and those who are properly educated will accept Bitcoin if they are given little education about Bitcoin.

It's honestly simple. You cannot expect everyone to accept Bitcoin and be openminded about it. We are after all talking about money here which is a sensitive thing for many. Hence, what should be keep in mind is that there is a target population for Bitcoin and there are those who would rather not know about it despite knowing it exist. It is not our responsibility to showcase what Bitcoin is and how it works.
1651  Economy / Services / Re: Bulk image editing/resizing - Need beginners (graphic designers) on: August 08, 2023, 01:54:15 PM
Telegram: @dothebeats
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1652  Economy / Economics / Re: Elon Musk and the fall of Twitter on: August 08, 2023, 11:41:55 AM
LOL.. so we are still discussing about the fall of Twitter?

A lot of people dont realize how big business work. From their point of view, when you start or buy business, you are obligatory to get profit the next day after purchase. People dont know that there are lots of companies that work with losses for years and decades, and feel fine. People dont know that even if company ends financial years with a loss, that company might have millions and billion in turnover, have lots of supply funds frozen in fixed assets and debtors. Until Twitter announced themselves to be bankrupt, Twitter hasnt failed.

Twitter hasn't and wouldn't in the next few years fail as a business. But as a social media platform? It is slowly losing its magic on people. Long gone were the days were Twitter used to be the main platform for teens, fandoms and other online communities. However, this does not mean Twitter will go down already, perhaps this is why Elon Musk is rebranding the platform.
1653  Economy / Economics / Re: Things you should know about Money mindset on: August 08, 2023, 11:25:55 AM
Yes, there are a lot of opportunities to earn money, but our mindset and perspective drive us whether we will jump in and take a risk for more opportunities or just keep staying in our comfort zones and be contented with what we already have.
It depends on the wishes of everyone who still intends to make money in his life, because until now there are still people who consider their comfort zone more satisfied with what they already have so they no longer want to take risks on other opportunities. Even though every opportunity that exists is an opportunity for him to continue to get a better income even though he has to go through obstacles such as risk, but that will not be a big problem for those who still really want to fight in an opportunity to achieve better results.
Financial safety is what makes us take steps toward better opportunities, which means if we know that even if we take the risk of trying and grabbing an opportunity for something better, and if we fail in it, we won't lose our current status and position, that is when we will be confident and think of taking the step, but if we are not certain and we are risking our current status only for something better that is not even a guaranteed opportunity, we might not take it.

That is the biggest reason why a lot of people rather stay with their current position and status instead of going ahead and taking the step towards the opportunity because they are afraid of thinking what if they couldn't make it? If that happens, they also won't have what they have right now.

This is true and the actual reality. You need to take risks in order to grow and move forward with where you are right now, but you also need to know when to take that risk to ensure that you are not making a decision that will bring you down. You cannot just keep on going for the green light without considering the factors that will affect you, risks can either make or break you and your business, hence it should be considered accordingly and be thought out properly.
1654  Economy / Economics / Re: Inflation overpowers the value of money on: August 08, 2023, 10:32:22 AM

Inflation does not effect only poor but its also a big threat for wealthy people and everything is of higher cost instead of vast amount of resources present in our country. May be the country's leader do not have any idea about the uses of these resources or may be they are scarcity of these resources but what I know is that here is abundant of gas, petroleum and water resources so they should worked on it to provide for each and every individual of a country.

You are absolutely right, inflation also affects wealthy individuals who run diverse businesses, as cost of doing business escalates when interest rates increase due to higher inflation rate. It is important to recognize that central banks continually strive to maintain inflation and interest rates at a reasonable level so that business can borrow money from banks at minimal rate to meet their financial requirements for business operations and growth. Achieving a balance between inflation and economic growth is an ongoing challenge for policy makers to ensure stability of the economy.

This is true. I know a lot of businessmen who were forced to either shut down their business or sell it at such cheap price due to inflation. It is best to remember that the rich also consumes, they also buy from the market and hence they also feel the effects if inflation especially for their businesses. Yes, they are forced to sell their goods and services higher but it also cost them clients and customers who cannot afford the sudden spike in the rate.
1655  Economy / Economics / Re: Big companies will never let you have the financial freedom on: August 08, 2023, 09:55:06 AM
Yes, BTC is not an illusion.

We admit crypto trading using Tether, the largest stablecoin, accounts for almost half of all trades on crypto asset trading platforms. But if things like Paypal happen, that's a fundamental weakness point. if they do so and it quickly collapses as the irrational excitement subsides. Therefore, we must focus and never get attracted easily. Currently, there are still many investors who are inexperienced and maintain financial system stability. Many invest without understanding what they are buying.

This happens a lot. People discover investing and heard how it can make profit and the next opportunity they see to invest they will mindlessly grab it, even without knowing just what they bought or invested in. People tend to go blind and just mindlessly dive into something they are clueless about just for money. Hence, it should be greatly emphasized how important research is, as well as asking for second thoughts and advice from those who are already knowledgeable in the field.
1656  Economy / Economics / Re: Europe unemployment rate hits record low, employment record up on: August 08, 2023, 09:27:36 AM
I like to hear good news like this. I hope it also happen in my country, it seems that many fresh graduate in my country having difficulty to find job. even i see a video in social media which show a company throw their CV to the trash until the trash overloaded. I am so sad to see that.

It's nice isn't it? To know that more and more are getting employed and are finding ways to get the financial stability they need. However, like what OP stated, just because the statistics showed that unemployment rate is low it doesn't mean majority is finding a job, it's just that some are not actively seeking job hence the statistics. I'm not sure how the survey works for this, but hopefully we see the actual changes in the future.
1657  Economy / Economics / Re: Is the market still profitable for new projects? on: August 08, 2023, 08:44:11 AM
The market will continue to grow. As technology evolves, people will come up with new ideas for products and services to offer and sell. However, this does not mean that the market will not be profitable for new projects. It still is for as long as you know how to sell your products and attract your target clients and customers. It all comes down to how competitive you are.
1658  Economy / Economics / Re: The world continues dumping US dollar (Gold, New World Order, World War III) on: August 08, 2023, 08:38:13 AM
~snip~


I believe that if the scenario of a new world order is possible perhaps not as soon as some thought, but it is a matter of keeping it in mind...the United States has recently seen itself in a decadent situation, an environment that in one way or another has benefited its opponents, especially China, which has used its influences and strategies to increase its power as a power, so I Think that Soon the reign of the United States will go to the background, or well that's what I Think... but there is something that still keeps me intrigued, the monetary war between the Usd and the Yuan is being noticed as a new alternative to carry out commercial exchange,  but and if none of these currencies are the ones that will establish the new world order and rather bitcoin will do so, none of these centralized assets show the potential to lead and counteract inflation, which little by little is plaguing every corner of the world, bitcoin is the only one that can reduce this impact, despite its volatility it has generated good results, What would happen if, in addition to considering it as a reserve apart from gold, they used it for trade between nations?,what would happen to the world in In this case? Could the countries regain stability as time goes by?
The concept of a new world order and all this talk of USD, Yuan, and Bitcoin! Spins my mind around. However, here is what I have for you. Yes, the U.S. is in a precarious position, but don't you think it's a bit premature to declare that they'll lose their dominance? China may possess some power, but China is not the only business in town

But then there's Bitcoin. You assert that Bitcoin could lead the world, but didn't it once crash? Twice? In addition, it oscillates like a yo-yo. How can such a factor stabilize the situation? Comparable to attempting to construct a house on a seesaw. However, gold is shiny, but you can't purchase a cup of coffee with it, so who knows? Perhaps one day we will all purchase hamburgers with digital currency. Or perhaps not

I agree with you. It's true China has been growing consistently but America's history has pulled a lot of partners that keeps them steady with their dominance in the market and economy.

As for Bitcoin leading the world, it seems unlikely as many countries will surely not accept it, at least their government.
1659  Economy / Gambling discussion / Re: How Technology is Changing Sports Betting on: August 07, 2023, 05:44:04 PM
I don't get why a lot of people are really amazed on how AIs can do things. Without human touch and input, AIs will not function to a human's liking and would be more of a liability than a tool. In sports betting, those who are versed in the game are more likely to do better decision-making than an AI who can only crunch numbers that is fed on to it by a human or another machine. AIs can do a lot of cool things in terms of automated betting, but I wouldn't depend on it 100% to bet on my behalf in sports.

Because not everyone can do a thorough analysis on sports because you will need to watch or become updated on all happenings to get the best analysis while you can do this only by focusing on it with a lot of time which everyone doesn’t have.

AI analysis will benefits those bettors that don’t have a good analysis skills. I’m sure this AI technology doesn’t give much interest to sports expert but this tool is a blessing to normal user that wants to bet on sports with a good analysis on picks.

So why enter something that you are not good at and leave it to the AIs for autopilot? That calls for a lot of loss in money and capital, and not really desirable if you'd ask me. There's that reasoning that not everyone who enters something, enters it as a pro, but you can't really say that especially if you are risking money in order to make more money. Also, there's not an AI currently that can do predictions, so the user will likely have to feed the AI inputs that he/she should know what it's all about.ß
1660  Economy / Gambling discussion / Re: Gambling scenario that keeps repeating on you on: August 07, 2023, 05:16:14 PM
I don't know what is it with even numbers and '00s, but a lot of people seem to rush whatever their means of getting some money are in order to reach this 'milestone.'

I think a lot of people are also doing this, so you're probably not one in getting this exact same scenario. I have my fair share of this, though I usually do it to 'reduce' my balance to a number I can easily recall for the next time I play, I know how much I need to add to my balance to keep my budget intact. It's a very weird way of chasing the even numbers or '00s, but I do feel your sentiment regarding it.
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