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1641  Economy / Economics / Re: Can Tesla's Electric Semi Resolve Shipping Issues Related To High Fuel Costs on: August 03, 2022, 10:16:54 AM
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Food prices are climbing. Partially due to the cost of shipping and transportation rising on fossil fuel overhead.

The inflation was caused mostly by the massive money printing and the stimulus checks. The global oil prices had stabilized at around 100 USD.
Shipping/transportation costs aren't such a big inflation factor. The transport companies simply saw an opportunity to raise the prices and make fast profits.
Anyway, the Tesla Semi sounds promising, but these are only promises. I can't say anything about the Tesla Semi until there are several thousand Tesla trucks hitting the road. I don't see any other big companies in the auto industry focusing on electric trucks. There are multiple issues around the creation of a fully functional electric truck that we don't know about.
1642  Bitcoin / Bitcoin Discussion / Re: Borrow fiat with your Bitcoin and never sell on: August 03, 2022, 06:01:20 AM
This seems like a risky idea.
1.There are interest rate hikes so the fiat loans are going to get more expensive.
2.Bitcoin is highly volatile and if the Bitcoin price drops severely you will have to add more BTC to the collateral or the lender will declare your default, sell your collateral and demand more money from you to in order to cover the rest of the loan.
3.If you plan to buy real estate, there is a real estate price bubble in many counties around the world(I don't know your country). There interest rate hikes and the upcoming recession might hit the real estate market. Good luck owning a real estate with decreasing value while having to repay a loan.
1643  Economy / Economics / Re: A Secret to financial breakthrough on: August 02, 2022, 11:46:40 AM
Changing yourself, your mentality and your habits is the most difficult thing in the world. The things that you are preaching are easier said than done.
OP, did you change yourself? Are you working hard towards your goal of becoming rich? Did you become rich right away? Probably not. Grin
Your inheritance and your environment are the most important factors that determine your way of living and your wealth.
You can change your environment, but you cannot change your genetic and material inheritance.
It's way easier for a middle class person to become rich, compared to a person coming from a really poor family that is living in some impoverished ghetto.

1644  Economy / Gambling discussion / Re: The characteristics of people who are addicted to online gambling on: August 02, 2022, 06:41:12 AM
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Are we one of the online gambling addicts...?
 Huh Huh Huh

Why are you even asking this question? What do you mean by "we"? Most of the forum members aren't gambling addicts.
Are you a gambling addict?
Addiction is a serious mental illness and it requires serious help from professionals.
Knowing the symptoms of a gambling addict isn't enough. I've seen multiple gambling addicts that don't show any symptoms at all.
They look and talk like completely normal people and nobody knows what is happening inside their heads.
My cousin was a gambling addict and he was acting perfectly fine. The strange thing about him is that he was obese and was suffering from really high blood pressure(probably caused by his obesity). He died several months ago.
1645  Economy / Speculation / Re: I do believe that Bitcoin will be more scarce than gold on: August 02, 2022, 06:18:19 AM
Demand and utility are way more important than scarcity.
Imagine having an item that is super scarce, but the utility of that item is zero, therefore the demand for this particular item would be zero as well.
The price of the item will be zero, and the scarcity simply won't make this item valuable. A zero that's multiplied by a million is still a zero.
Gold might be less scarce than Bitcoin, but the demand for gold is way bigger compared to the Bitcoin demand. Gold has utility, because it's being used as a raw material by many industries.
Bitcoin will be fine in the long term. I expect massive bull runs in the upcoming years. There's no need to compare Bitcoin scarcity to Gold scarcity in order to prove a point.
1646  Economy / Economics / Re: Are we hodling BTC or we are hodling Fiat?? on: August 01, 2022, 09:43:10 AM
Everyone is free to HODL whatever he(or she) wants. It can be Bitcoin or fiat. It can be both as well.
Everyone is free to use Bitcoin however he(or she) wants. You can use it as a currency(assuming that enough merchants accept BTC payments in your area) or you can use it as an investment.
There's no contraction or dichotomy here.

Quote
It will only be regarded as BTC holding if every price wave adds to it.

Nope. Bitcoin HODLing during a price crash and/or a bear market can be considered HODLing as well.
You make profits or loses only when you sell. This is basic rule in crypto trading(and maybe stock trading as well).
Keeping an asset with a price, that is dropping might make you think that you are losing money, but in reality you lose money only when you sell at lower price than your buying price.
1647  Economy / Gambling discussion / Re: Gambling in Moderation, Pros can out weigh its Cons in Financial and Health? on: August 01, 2022, 05:44:20 AM
Those studies seem kinda biased. Maybe some casinos paid for them, so we can't be sure about their objectivity.
Gambling cannot help for socialization, especially online gambling. I've gambled a lot in the past and it didn't make more social or talkative.
An introverted and socially awkward person will always remain socially awkward.
All this BS about gambling making you happy and reducing stress seems artificial. Many other activities can make you happy and reduce stress, like drinking alcohol, playing video games, porn, smoking weed. That doesn't mean that those activities are healthy. This is a pretty artificial way to  make you happy and less stressed out. One more thing is that gambling doesn't bring financial benefits, even if it's done in moderation.

1648  Bitcoin / Bitcoin Discussion / Re: Exchange will go out of business of every Bitcoin is hold in private wallet on: August 01, 2022, 05:04:07 AM
Bitcoin is already winning the war against the centralization of Bitcoin services, and a lot of Bitcoin holders are beginning to realize the safety of their Bitcoin when it is off the exchange and kept in a private wallet. You only send real Bitcoin when you do it on a p2p level and you don't own Bitcoin when your coins are stored on an exchange all you have is just promises and not Bitcoin if your Bitcoin is on the third party exchange.

This is doesn't make any sense. Do you mean that you send fake Bitcoins when you move your BTC from a crypto exchange or when you use a Lightning Network wallet? I'm not a fan of crypto exchanges, but I don't think that they are "the root of all evil" so there's no need to criticize them for everything bad in the cryptocurrency industry. Crypto exchanges have helped a lot for the adoption of cryptocurrencies.
I'm not saying that they are good, they are just "necessary evil". Moving from crypto exchanges to private wallets might make the governments want to regulate private wallets and impose ridiculous rules that are attacking our privacy. You might be forced by the law to disclose all your coins held in cold wallets, otherwise you will be facing a penalty.

1649  Economy / Economics / Re: Why is crypto going up after the news of being in a recession? on: July 31, 2022, 11:12:40 AM
The spring Bitcoin price crash from 40K to 20K was caused by several big crypto companies going bankrupt and all the panic around them.
Many traders/investors/users have realized that Bitcoin can survive without Celsius, Voyager and all the other scams. Maybe that's why some investors started buying Bitcoin again. This definitely isn't a bull run. It's normal market volatility. At least all the "doom & gloom" anti-Bitcoin haters/FUD spreaders have stopped with their nonsense for a while. It would be nice if the price recovers back to 30K or even 40K USD, but this is highly unlikely to happen anytime soon. I predict the Bitcoin price is going to stay in the 25K USD range until the end of 2022 and a 60K-80K price range after the next BTC halving in 2024.
1650  Economy / Gambling / Re: [Warning] 10.w88hash.vip Suspicious gambling website. on: July 31, 2022, 06:28:43 AM
A website that has the name 10.w88hash.vip looks suspicious? Damn, I'm truly shocked. Grin
Why do gamblers keep signing up and wasting their coins on such fake casinos? Is it because of some generous "too good to be true" bonus or something else. Is it because somebody is misleading the gamblers into thinking that they could exploit the casino and will money?
I remember that a guy once wrote on social media "Sometimes a scam is SO STUPID that the victims of that scam deserve to lose their money.". I kinda get what he means.
1651  Other / Archival / Re: Bitcoin is King on: July 31, 2022, 06:01:20 AM
If Bitcoin is King, who is the Queen? Smiley

Probably Tether. Many people keep arguing that Tether was the main reason behind Bitcoin's massive price pump in 2017(and maybe in 2021).
A queen must support her king. Grin
Anyway, comparing Bitcoin to altcoins is pointless at this point. No altcoin is capable of gaining the amount of trust and authority that Bitcoin Core has. Even that imposter BCH altcoin was in the Top 10 list for a while. That's how strong Bitcoin actually is. The altcoins, that are pretending to be Bitcoin actually get to top only because they pretend to be Bitcoin. Grin
I've asked myself multiple times during all those years. Do we really need altcoins? Having competition on the market is great, but no other coin can compete with Bitcoin.
1652  Economy / Economics / Re: More investment in Tokamaks and hot fusion is required on: July 29, 2022, 10:28:13 AM
The future of nuclear reactors are the small module reactors. Not that I'm any kind of expert in nuclear energy. Grin
Thermonuclear reactors sound like a great idea, but it would take decades for building economically effective reactors, which meet all security standards and can be approved before mass construction. The process is very expensive and time consuming.

Nuclear fusion is the dream of scientists for quite some time now, and while it sounds great, .. I don't know...
* I don't know if it's indeed possible to be done (to run independently virtually forever) because of its requirements for pressure and starting energy, plus some other conditions I don't know (longest run was under 10 minutes)
* I don't know how (in)secure such a construction would be, since releasing such a pressure means .. a big bomb.

Actually the conventional nuclear reactors are more like "a big bomb". Thermonuclear reactors operate in a different way, which makes them easier to shut down and most importantly, they don't need Uranium-235. All the hype around thermonuclear fusion is that such reactors would be way less dangerous and (probably) cost effective than the traditional nuclear reactors. I'm not saying that thermonuclear reactors are completely safe and there aren't any security concerns whatsoever.. I'm saying that they are supposed to be safer than the Uranium reactors.
1653  Economy / Gambling discussion / Re: Rise of Streamers in Online Gambling on: July 29, 2022, 05:12:22 AM
I think that gambling should be banned from Twitch. Just like many e-thot female streamers were banned from the platform, because they were showing nudity and acting seductive. That was basically soft-porn and it won't be tolerated by Twitch. Gambling shouldn't be tolerated as well.
Lots of kids and teenagers are using this platform and watching streams. They could get easily addicted to gambling.
I never really got into this "streaming" trend. I don't like watching streams, so maybe I'm a bit biased here.
Another thing is that Twitch streamers have to publicly disclose that they are gambling with the casino's money and not with their own. Otherwise it seems kinda misleading.
1654  Economy / Speculation / Re: The Macroeconomic Situation of BTC on: July 29, 2022, 04:39:19 AM
You forgot another factor- centralized crypto exchanges and shitcoins going bankrupt- Terra, Voyager, Three arrows capital, Celsius Network.
Many people see this as a some kind of bearish signal that the cryptocurrency world is falling apart, so they just panic. This couldn't be more wrong. A bunch of centralized companies with sketchy business models offering insane returns and relying on leverage and extremely bullish predictions are facing trouble. I see this as a win. The blockchain isn't damaged at all by this and the BTC community is strong.
The war in Ukraine had lost it's influence over crypto prices. The world economy will adapt to the situation. The crypto world will adapt as well.
1655  Economy / Economics / Re: (over)population - doomsters vs boomsters on: July 28, 2022, 10:46:21 AM
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the boomers like Elon Musk are saying that we actually need more people and that society will crumble if population will keep declining, like it does in many countries.

The economy doesn't need more people. The economy needs better educated and qualified people.
Capitalism is heading towards mass automation, digitalization and Artificial Intelligence. The companies won't be needing more workers in the factories in the near future. The service-based industries will have to fire many people and replace them with robots. This will create mass unemployment. Combining mass unemployment with overpopulation and mass migration is a recipe for disaster.
Thomas Malthus was right about the dangers of overpopulation. The global population will have to decrease due to wars, pandemics and starvation. Elon Musk isn't some kind of expert in demographics and economics. He's an entitled egomaniac.
1656  Other / Off-topic / Re: VAR: Has it improved football or has made it worse ?* on: July 28, 2022, 05:26:28 AM
This forum thread has nothing to do with sports betting and gambling in general. Maybe you should move into another forum.
VAR made football worse in my country for sure. At the end of the day, the final decisions in VAR are made by humans and humans can make lots of mistakes. The football referees in my country are simply awful. I don't know whether they are corrupt or totally incompetent.
Maybe it's both. VAR makes the situation even worse, when you have incompetent referees.
Anyway, VAR is the future of modern football and it won't be going away. I'm sure that the VAR system will be improved by removing the human factor and adding artificial intelligence.
1657  Bitcoin / Bitcoin Discussion / Re: Website browser with mining features on: July 28, 2022, 05:04:48 AM
The Cryptotab browser is something between a time scam and a referral ponzi scheme.
It's a time scam because you are wasting your time for peanuts. At least you aren't wasting any money, like in the really nasty scams.
It's a referral ponzi scheme, because you need more than 1000 active referrals in order to earn a decent amount of crypto.
Good luck with trying to gather more than 1000 active referrals with this.
If you want to earn money via your browser you could try Brave browser. With Brave you earn BAT tokens while browsing. You can make 3 dollars per month, but it depends of your location. This basically the same waste of time, but you might earn more than 1 dollar per month, instead of a few pennies with Cryptotab browser.
1658  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: July 27, 2022, 10:36:38 AM
The war in Ukraine has a negative impact on many countries in Europe, but the European economy can and will find a way to adapt and survive without Russian oil and gas in the long term. I'm pretty sure that green hydrogen will replace natural gas in the future(when the production and storage of green hydrogen becomes cheap enough. Right now, all the nations in Europe will have to reduce the natural gas consumption and prepare for a not-so-comfortable winter.
The world is heading towards "de-globalization", which means that the traditional supply chains are getting destroyed and we won't be able to afford cheap goods coming from China in the near future. The western world will have to restore it's industry and stop relying on service-based businesses.
1659  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: July 27, 2022, 05:06:51 AM
There are rumors about Christiano Ronaldo joining Atletico Madrid, but the Atletico fans don't want him, so they have started a petition on Twitter. Grin I totally understand them. Ronaldo scored lots of goals against Atletico in the past. He's not the player he used to be, so he can't be a leader or a top scorer anymore. He will turn into a substitute player with a big salary and this isn't what Atletico Madrid needs right now.
The rumors of Ronaldo joining Chelsea are most likely false.

Juventus finally managed to officially get rid of Ramsey.

Worst purchase in recent history, but also unfortunate.

They had bought the very promising player during the winter transfer market, Aaron broke up shortly after and never recovered his form again.

I don't know why they bought Ramsey at the first place. He is well known for being a fragile player having lots of injuries and he misses lots of goal opportunities. His career is basically over.
1660  Bitcoin / Bitcoin Discussion / Re: There will be 1 billion crypto users by 2030 - research on: July 27, 2022, 04:46:35 AM
Sorry to say that, but don't you think that BCG, Bitget and Foresight Ventures might be a little bit biased?
Those companies are related to crypto, so they would want crypto to explode in terms of mass adoption.
It's like a tobacco company conducting a research about the growth of the number of smokers and coming up with pretty optimistic numbers.
Many "researchers" were predicting mass crypto adoption years ago and it didn't happen. What's the guarantee that this prediction will happen?
Can you provide proof about "more and more businesses adopting crypto payments everyday"? This seems like a bold statement.
By the way, are you constantly trying to promote the link at the bottom of your forum thread? I see this URL for the second time and I'm not going to click on it. It seems suspicious.
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