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1701  Bitcoin / Bitcoin Discussion / Re: Spain’s Largest Telecom Company Telefónica Now Accepts Bitcoin, Crypto Payments on: September 30, 2022, 07:05:14 PM
They proclaim bitcoin to be dead, but all I see is their ego dying.
Not only those who have said bitcoin died on its way until now, almost many people and companies doubted the journey of Bitcoin, but in fact all these assumptions were wrong and turned to accept as payment.
This phenomenon occurs not without reason, but when companies begin to see opportunities for the use of bitcoin in accepting payments, that is where bitcoin will be considered as something quite important in its application.

Quote
Today it is Spain, tomorrow it will be Portugal, and then Egypt, and then Morroco, and then Finland, and soon enough it will be adopted in masses all over the world.
Some companies that have accepted payments use Bitcoin.

  • Amazon
  • Starbucks
  • Apple
  • Overstock
  • Namecheap
  • Microsoft
  • Paypal

If some of the large companies that I mentioned above have accepted bitcoin, it is impossible for other companies not to adopt it, especially if the use of bitcoin can facilitate transaction access and data transparency for certain needs for companies.
Public awareness and companies are increasing objective about bitcoin, so the scope of bitcoin can make it easier for them to be more advanced in their use. Even no one can resist technological advances, but the need for the use of bitcoin will be increasing widespread throughout the world.
1702  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: September 29, 2022, 06:09:48 PM
I don't know, this will be a blunder by Juventus or not. But I remember how when Sheva from Chelsea returned to AC Milan, Kaka from Madrid to AC Milan, both of them could not perform as before moving. If this also happens to Pogba, it means it might not be good to bring back players who have left  
So far Juventus are not in good condition, they have lost a lot of points in the matches they have played. Lastly they lost to Monza, where if you calculate the strength of the players owned by Juventus it is clear they are more superior, but unfortunately Juventus lost their vision in playing, so they again lost three points in the match.

However, Pogba promised to perform well with Juventus.
Many people think that Juventus' condition is getting worse because Pogba and their new signings have not played well and have not contributed anything to the club, even though Pogba himself is still injured and has not found his best level of play since moving from Manchester United

Massimiliano Allegri is increasing difficult to develop Juventus' game, because at the moment they are experiencing a storm of injuries to several players, so the option to rotate players does not match the main strengths they have.
Juventus did not get so good results in the previous few matches, so the points achieved have not been able to raise the ranking in the standings.
The latest news, Massimiliano Allegri is threatened with being fired, if Juventus' performance does not improve in the next match.

The 2-0 loss to Monza made the ultras sick and thought Bonucci could not take the lead
and it looks like you are wrong to mention the defeat received by Juventus, because the real result Monza won 1-0 against Juventus.

Quote
1. Leadership Crisis
2. Federico Chiesa as the backbone of Juventus.
3. Allegri Strategy
The three points you mentioned seem to be the deciding factor for Juventus playing badly, but actually I'm more focused on the storm of injuries and the coach's strategy that hasn't fully worked out in line with the team's needs.
Because if you pay attention, this season Juventus is not much different from the previous season.
1703  Economy / Economics / Re: Age as a factor depreciating some people of their dreams on: September 28, 2022, 06:41:45 PM
Age has being a factor depreciating some people in vitualising their dreams. They keep saying "I'm too old to go school", I'm too old to start a new career", I'm too old to start a business". This make them remain stagnant throughout their life time. Age does define success as success comes in all forms. An adage says "when there is life, there is hope". That means success can still be actualized at any age so far ones is still healthy. Let's consider the list of 5 successful people who found success and achieve their dreams at above 60s:
Psychologically, people who have aged have memory and ways of thinking that are getting slower, this is clearly driven by age. Several studies that I read, it turns out that people who are elderly have limitations in thinking, acting and doing things so quickly.
So that at this time elderly people are considered no longer potential in career development and achieving success.

From the few people you mentioned, it doesn't represent 50% of the elderly people on earth who can achieve success.
If you calculate the success rate of elderly people around the world, there is no correlation between old age and total success.
This is in line with the vision and mission of large companies, that retirement is determined at an age that is no longer productive at work, but most people are no longer productive when they are in the elderly category.


Quote
1. Frank McCourt
2. Harry Bernstein
3. Anna Mary
4. Laura Ingalls
5. Wally Blume
Only a few percentages of the examples you give, but if you calculate the whole world for elderly people, then the examples are not very precise and accurate in my opinion

CONCLUSION
Don't let age be an obstacle in achieving your dream. It's not to late. Neglect your age and let passion move you towards achieving your desired dreams.
Thus, old age can be said to be unproductive in career development and achievement of the value of success.
The successful cases you mention don't represent 50% of parents in my opinion.
And it can be concluded that the five examples you mention, have a good fate line, and the process they go through is a perfect timing and hand line.
1704  Other / Beginners & Help / Re: [Merit] Share your best posts/threads with Fillippone to be merit assessed on: September 28, 2022, 05:29:01 PM
Re: Satoshi Nakamoto- If he ever made himself known what would make you believe it?
Category: Good Reply & Answer
Section: Bitcoin Discussion

Re: Mining Bitcoin
Category: Good Reply & Answer
Section: Bitcoin Discussion

Re: The Impact of the Capitalist System on People's Economic Practices, Really?
Category: Good Reply & Answer 
Section: Economics

Re: Is the pet industry recession-proof?
Category: Opinion
Section: Economics

Re: Don't worry, bitcoin is cyclical
Category: Good Reply & Answer
Section: Bitcoin Discussion
1705  Bitcoin / Bitcoin Discussion / Re: Satoshi Nakamoto- If he ever made himself known what would make you believe it? on: September 26, 2022, 04:51:15 PM
So many folks have tried to claim they are him. Not that I really think that he will ever make his identity known to the world, but if he does say on his deathbed or something, how would Satoshi go about doing so? IF he did want people to know who he was whenever he became ready to do it, how would he do it in a way that everyone could believe him?
Anyone can claim the creator of bitcoin, but no one can prove Satoshi's Identity. Even I don't think his parents knew Satoshi as closely as we think today, the great work created by him is more important than his identity, so bitcoin is the most sought after by people and doesn't really care how people think about it

From what I have observed, any person who has come forward and declared themselves Satoshi has not had sufficient proof that they are. So, if we were to discuss this, what would suffice as sufficient proof that they are in fact the real Satoshi?
And also want to reverse your question, to what extent can one believe that it is Satoshi out of many who have made confessions, if he really wants to reveal his identity can anyone believe it and what evidence do you think he should have?
Being there to convince people wasn't easy and it wasn't like Satoshi wanted to do that.

because there are so many people that hate crypto and bitcoin. Someone like him would surely become a target. Which is no doubt the reason he has kept his identity a secret.
Just imagine many other people who do not hate bitcoin, so bitcoin is growing very rapidly for now.
I mean like this, to link bitcoin, Satoshi and Government is no longer a problem, it's better that we no longer try to talk about it, the most important thing is that people's awareness of bitcoin has been very developed, because many people understand better and this is the best solution in investment.

It is curious though, what is he doing now? Has Satoshi ever tried to leave a message since his disappearance? Perhaps something hidden in plain sight? The biggest mystery of bitcoin, is he alive and well or was he Hal Finney and already passed? What is he like/where is he now? What does he like to do in his spare time. These things all come to mind, and I wish we had some answers. Wouldn't it be incredible if somehow he left a "final goodbye" message somewhere or like a book or something when he is ready to give it to the world. After BTC has turned a certain age or something.
The question is why did he do that.
to be famous?
to be appreciated?
or wishing for a nobel prize and other things in private.
and I honestly don't think Satoshi expected that, from what he created such a huge masterpiece with bitcoin.

No one can even guarantee where he is now, or maybe he's quite close to us on this forum.
The message he left was nothing more than the development of Bitcoin which is growing and advancing, because this is more rational than anything else.

I wonder if something like this will ever come about, maybe its just wishful thinking but if I created something like this for the entire world I would want people to hear my passion for its creation & also to leave some sort of closing message somewhere down the road as opposed to just peacing out at the first mention of the FBI. He is out there! Somewhere, doing something. He's got to be.
People limit the relationship between privacy and work, because they have big dreams for change, but it seems these people are more comfortable keeping their identity a secret, compared to a nobel prize or anything for an Award.
If you want to create great things, then think about doing what Satoshi did, because of the many great works that have been created, only Satoshi is the only person who has a big heart and is not rash when it comes to identity.
So what we see, he has been living comfortably without anyone knowing about it, and just imagine if his identity was published in the media, what would happen to him and his family.

Quote
Wherever you are Satoshi, i'm sure that you're having a great time and living your best life and surely safe and secure, one would hope
Your last sentence, is actually the answer to many of the questions you have given, if you are able to analyze and understand the sentence.
Simple and quite practical to answer questions people ask about Satoshi.
1706  Bitcoin / Bitcoin Discussion / Re: Mining Bitcoin on: September 24, 2022, 06:59:23 AM
Quote
ASIC miners (not cheap)
For now, ASIC prices vary quite a bit, depending on the year of production and the quality of the mining products, but the problem is that it is not enough to only use one, for this reason it seems that not everyone can achieve it.
After all, there are several important factors to consider before buying an ASIC.

1. Hash rate
2. Efficiency
3. Price

How many hashes a Bitcoin miner can generate per second, to get the most out of mining done with ASICs. This efficiency is important to ensure the hardware can run as efficiently as possible in mining, while the price determines the equipment used and can generate maximum profit.
The cheaper the device purchased, the lower the bitcoin mining generated and if the mining hardware is expensive and quality, the more bitcoins will be generated.
Don't try to buy miners based on price or hash rate alone. The best ASIC miners are the most efficient bitcoin miners.

Quote
Electricity cost ( vary on each place)
Some Countries have differences or vary for the cost of electricity required to carry out mining, the electricity available by the government will not be able to offset the income generated by ordinary bitcoin mining.
this will not be optimal, because expenditures and income costs will never be balanced if we use the electrical engineering provided by the government, unless we can build our own environmentally friendly electricity system.

Quote
Mining knowledge(Of course)
Regarding the quality of knowledge related to mining, it may not be a big problem, because nowadays there are many sources that can be easily learned, so it's not a big problem in my opinion.
Of course we need to learn before starting mining, so that the basic mining needs are known and can be implemented perfectly.

Quote
Countries legal stance towards mining bitcoin
We can avoid the state's legal attitude towards bitcoin mining and not violate any rules, by buying or building a self-contained electrical system that is environmentally friendly and does not have an impact on environmental damage, so that none of these are violated in regulatory procedures.

Such as companies that use independent and environmentally friendly electrical systems. However, the problem is that the costs incurred are quite large and not everyone is able to fulfill them.

If you could really that able to have these checklist then you could mine.
You wont really be that dumb to proceed if you do see that you arent gaining or benefiting at all.Right?
Based on the above considerations, very few people want to mine using this method, if the quality of support is not adequate in carrying out the process, this will have no impact if the required tools are not available and are still quite complicated to fulfill.
Therefore, the cost of expenditure will not be offset by the mining results obtained, thus we are wasting time in the wrong place.
1707  Other / Archival / Re: Don't worry, bitcoin is cyclical on: September 23, 2022, 05:52:59 PM
Just another reminder that the bitcoin market is cyclical, and everything that we are seeing with bitcoin now has already happened before and the necessary lessons should be learned from this:
We can see the cycle of bitcoin's journey from several years of its journey until now, it's not so strange the picture you show to people who have known bitcoin for a long time and of course for beginners this is more suitable and must be integrated.
Even in real life the cycle is something that cannot be ignored or separated, it is directly related to the process of its journey.

"That's why bitcoin is more rational compared to others".

Quote
There is no eternal bull run
Quote
No eternal bearish trend
This is called a cycle

Quote
dump is always followed by a pump
and this is part of the bitcoin journey cycle process, which is increasing logical and can be understood easily, without neglecting the close relationship with speculative.
Basically this is in line with natural processes in human life that are in accordance with the behavior that will be caused.
Without these two things, bitcoin would not be as rational as we see it today.

Now the market is dominated by bears, but sooner or later it will end and recovery and growth will begin:
That's how bitcoin works in generating the next ATH achievement, bitcoin's growth is far more advanced when compared to any investment model, even though the presence of technology and science is the driving force for bitcoin to grow.
Uniquely, bitcoin does not need testing, does not need to be used by many people and does not have to involve big people in its ownership, in order to push bitcoin to be more valuable and advanced.

Bitcoin runs itself according to progress, needs and can adapt to the complexity of people who want to get out of the chaos zone of financial freedom.
Speculative is another part that can be found in all forms of investment.

The low price of bitcoin is not a reason for panic and concern. This is the rare opportunity to buy cheap bitcoins. If you miss this moment now, then next time it may not be presented very soon.
This is actually very different when viewed by beginners or the more extreme dislike of bitcoin, because their understanding still considers bitcoin speculative and the same as gambling.
But don't worry, people who are experienced and very familiar with bitcoin must already know this problem very well.

Quote
A correction is a time to buy, not to sell. Don't worry - just HODL (or buy more). Smiley
The last sentence is the best way to remove the fear, worry and panic from every cycle generated by bitcoin, in quotes "beginner"
1708  Economy / Economics / Re: The Impact of the Capitalist System on People's Economic Practices, Really? on: September 22, 2022, 06:06:06 PM
Yeah, and you will end up food poisoning the obese goose you're forced to make 10 eggs a day, we all know how this ends.
And I don't expect an ending like you know, but I want to see a beautiful ending for a fat goose laying ten eggs a day, because honestly I don't want to poison them and end up just dying.

Nope, no way I'm letting you avoid this question.
You presented this as a solution for everyone to ditch loans and invest in Bitcoins because in 5 years they will turn 5k into 30k, you words not mine:
Actually I do not want to avoid, but in fact you have assumed.
It seems I didn't mean that, more specifically I didn't mention the loan you meant.

So again, I'm asking you if this would be possible, why would anyone sell you a house for 30k when he invest 5k and get 30k by doing nothing?
Its nature is more to companies that deal with housing problems, so people are forced to follow their rules, and of course the purchase becomes the burden and responsibility of the buyer, if they take this route to buy a house.

Why do you think inflation happens:
People have more money, there is a limited offer for their demand, and prices skyrocket! The exact same scenario will happen in your example, who will buy the land work to build the house, and do all this when they could simply turn 5k into 30k in 3 years with no work?
This is where the real problem arises, the person you are referring to also does not fully understand how to invest in bitcoin, even the people around me are not very familiar with bitcoin, so the decision to buy a house prefers this way.
What needs to be underlined is that the company is the first party that owns the capital and simultaneously builds the house, while the second party is the bank as the guarantor for the purchase of the house.

Just as in order to make a profit from bitcoin somebody must buy that from you, the same happens with a house, it's not a dead asset as you have to buy it from somebody, just as how you're unwilling to sell your coins now for 10k a piece that guy won't sell you house for 30k.
There's no need to buy from me, and I'm sure you misunderstood the conversation we're having, or I don't quite understand the content of your question.
This is to be straight and not misunderstood, I mean the purchase of a house is a purchase from a private party, they are investors who build houses, while the buyer is free from anyone, but there is an agreement with a second party as a guarantor.
So, I mean houses as dead assets, because they buy houses to live in, not to resell as the first party did.
Well, on this basis I think people should learn more about bitcoin investment, when the investment they plan goes well, then to build a house there is no need to follow them, but we can build our own with the size and model we want.

My focus is here
Quote
So the point of my post is buying a house as a place to live not for a business and that's why I say if someone invests in bitcoin at the right time, then there is no need to buy a house from them (the company).
Because we can build our own according to the wishes and sizes we want
1709  Economy / Economics / Re: The Impact of the Capitalist System on People's Economic Practices, Really? on: September 21, 2022, 08:34:11 AM
With this last paragraph it would seem that you don't necessarily understand or translate the all the information you've gathered from the concepts of Adam Smith across into the cryptocurrency realm.
This is only a piece of knowledge that we can share in real life, this concept clearly has positive and negative values in practice, and not everyone likes or dislikes the concept, so let the choice be the responsibility of each individual.

Investing means you can look at a huge swath of available historical information and make a balanced decision. The people at the point you describe never knew that Bitcoin would double in value, nevermind multiply ten fold
Technical talk can be learned according to one's preferences before getting further involved in investing, that's why a more systematic and measurable introduction to this problem is needed, so that people can know the functions and the best way to invest in bitcoin.

Because Bitcoin had simply only been around a few years which is not a sound basis for making a judgement of it's value. If that same amount was invested at the height, you would have lost 60%+ of the value of your money so far, but the same rabid crowd were still preaching that it will keep going back upwards.
Then if not bitcoin as a basis for consideration in investment decisions taken, what can we provide another example in your opinion?
The problem now is not that bitcoin has been around for several years running, but the value of investing in bitcoin is much better than any other investment system.
As for investing at the highest price and losing 60% as you mentioned, it is just a technical matter to enter the market under the right conditions. I'm also less sure that anyone would lose investing in bitcoin, if that complete understanding is known, either how to enter the market or buy at the right time.
That's why I say investment requires knowledge, does not work according to a narrow understanding, bitcoin is said to be good and perfect because of the long process they have gone through.

From what angle is bitcoin being harmed and what big problems should we be afraid of?

Hihihi, this is just funny.
So after bashing capitalism for three paragraphs we come to the solution that crypto provides to get out of the system , and that's:
It's just improvisation before getting to the actual point of discussion, does this look funny and ticklish. Grin Grin
Because basically I'm the type of person who likes humor before getting more serious into the discussion.

OP, do you know what investing your money (aka capital) and waiting for a return on your investment is?  Grin

You think you have managed to find the immortal golden goose that forever from now one will get you a golden egg and the price of gold will keep on rising, same with crypto, you think that (hmm, not nice including shitcoins here), you will get the same returns over and over again, year after year and that the $ value will keep being the same.
I prefer to take two pieces at once, the golden goose and the egg, because it will breed in the future  Grin Roll Eyes

That's why we have to name bitcoin golden goose in quotes in our discussion, whereas golden egg can be classified under other cryptocurrencies in general.
If the use of both can be done well, appropriate adjustments to the target when entering the market and using a measured strategy in investment, it is not impossible that investment is a step out of the capitalist system.
In the end we can conclude that bitcoin is the best source to run investments for now.
To be more convincing, I have accurate evidence of bitcoin travel for more tangible benefits for me Bitcoin Changes Lives, Touches Non-Formal Education for Underprivileged Children

Btw, if people would be able to turn 5k into 30k in 3 years just buy buying some coins, what do you think would happen to the prices of houses when everyone has millions in their bank accounts?  Cheesy
Since this is a discussion about the house as a place to live, it can be concluded that there is almost no income value from previous purchases, because basically a residential house is a dead asset that has no income value.
It's not like people turning 5K into 30k in buying some coins in the next three years, as long as the coins purchased have good potential value and movement.
So it can be concluded that the benefits obtained will be maximized in the future, in accordance with the involvement in the investment taken.

<snipe
Everyone should have the opportunity to choose financial freedom, without being compartmentalized in one or two systems.
If the opportunities we have are greater in the cryptocurrency space, why not make this a solution to exit any system.
Try to think big to produce more tangible benefits in our own lives.
Because if we don't change, then who else should we give this responsibility to?


CONCLUSION
Quote
That the opportunity to get out of the capitalist zone is one's choice in taking financial freedom actions, Bitcoin and Cryptocurrency are the best choices today, if we are able to maximize and dare to take opportunities.
Comfort zone is not an option for people who are starting to learn bitcoin, because speculative and risk cannot be ignored in this space either.
1710  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: September 20, 2022, 07:28:14 PM
Too much of the postponement has favored Chelsea this week lol Liverpool would want to trash them easily
It also doesn't look easy for Liverpool to destroy Chelsea, in the Premier League Liverpool have won just two of the six weeks they have played, drawing three and losing once against Manchester United.
When viewed from the series of matches they have played, Liverpool are also in a bad condition.
Likewise with Chelsea, they only won three times, lost two and drew one, from the six weeks they played.
That means both Clubs are in the same trouble.
It's just that Chelsea is superior in the number of wins, but not necessarily Chelsea can beat Liverpool in that match, I think a draw is more than enough for both of them.

New Manchester United manager Erik ten Hag has been compared by midfielder Bruno Fernandes to Pep Guardiola and Jurgen Klopp because of the way he instilled discipline and a certain mentality at Old Trafford.

Manchester United appointed him as permanent manager in May. However, the Dutchman's tenure as United manager started badly when he lost his first two games.

But since then, the results have improved, and United have won four Premier League games in a row to move up to the top five of the table.
Football also has an important role in terms of discipline and hard work, the players will build awareness to work together to improve skills.
This factor will influence the club to be better than before, since the coach was taken over by Erik Ten Hag, Manchester United have progressed, although in the first two matches they lost.
Erik Ten Hag is a coach who loves discipline and hard work, and it is evident that Cristian Ronaldo has lost his influence, not playing from the first minute and only coming off the bench as a substitute at the start of the season.

Erik Ten Hag has similarities with Pep Guardiola, although it is clear that the contribution of the titles given cannot be said to be the same, especially since Erik Ten Hag has just coached a big club, while Pep Guardiola has been for a long time. So that the comparison of Pep Guardiola's success cannot be compared with Erig Ten Hak who has just coached Manchester United.
1711  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2022/23 on: September 20, 2022, 06:05:08 PM
Playing at home, Athletico was able to control the game throughout the match but unfortunately they had to concede first with Rodrygo goal
Atlético Madrid is a club that uses a defensive strategy in every big game, almost all competitions that I have seen, atlético Madrid do have a pretty good defense, even their defensive strategy is difficult for opponents to penetrate, although not all matches result in wins
But this time, Atletico Madrid played quite open and didn't defend completely, it's just that they were unlucky and unable to secure the points.

I think Rodrygo, who was plotted as a substitute for Benzema, was able to replace Benzema position well and made it possible for Ancelotti not to be too confused when Benzema was injured like now this
Ancelotti had other options but to include Rodrygo as a substitute for Benzema, but Ancelotti had a strong drive for the decision to play Rodrygo in the game, so Rodrygo took quite a good chance in this game.
Ancelotti was very right in taking this decision, so Rodrygo answered quickly in the 18th minute, Rodrygo's goal made the Real Madrid players more confident, so in the 36th minute Federico Valverde scored an additional goal until the first half ended.

I saw that madrid played quite effectively in that match even though they only had a few chances but indeed we can't doubt the mentality that madrid has so far, even though they are in a crippled condition due to their main striker being absent but that doesn't make ancelotti squad weaken at all.
When viewed from 90 minutes of normal time, Real Madrid actually had difficulty playing openly and lacked possession of the ball, because Atletico Madrid were quite dominant in possession of the ball and set the rhythm of the game.
But one thing I see is the mentality of Real Madrid really as the masters of La Liga, under any pressure they are able to make a surprise three points, Ancelotti is a coach who knows how to place the players' needs against any club.
For that I take my hat off to this old grandfather who still feels young.
1712  Economy / Reputation / Re: [self-moderated] Report unmerited good posts to Merit Source on: September 19, 2022, 05:48:55 PM
Hello @LoyceV
Here are some entries that I have, I hope it doesn't disappoint you. Thank you

1. How to save as food inflation jumps more than 11% in a year

2. Is the pet industry recession-proof?

3. Differences in Cryptocurrency, Bitcoin and Benefits in General

4. The Impact of the Capitalist System on People's Economic Practices, Really?

5. Bitcoin Changes Lives, Touches Non-Formal Education for Underprivileged Children
1713  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2022, 04:27:20 PM


Can we describe how shady, beautiful and enchanting bitcoin will be in the future, this dream is just a picture of the desire to fight the challenges of achievement, which was initially thought impossible to become more real.
Then where are we, when this achievement is perfectly realized?

Isn't Bitcoin the source of the solution?
1714  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2022/23 on: September 19, 2022, 02:04:59 PM
Atletico Madrid were not weak opponents. Also, at the home, Atlético Madrid is always strong. Even then, Carlo Ancelotti took the risk. And he rested Benzema and put his faith in the younger players. And the young players did not disappoint Ancelotti. They managed to earn full points. Real Madrid won 2-1 with goals from Rodrygo and Valverde despite Vinicius not scoring.
Real Madrid was able to prove that they were able to maintain a positive trend in 6 weeks, previously Atletico Madrid wanted to end Real Madrid's positive trend at home, but in fact they were not too strong to beat Real Madrid.
Ancelotti did not risk resting Benzema, but the player suffered a knee problem against Celtic the previous week in the Champions League, which forced Benzema to rest in the Derby match, even in the match against Celtic Benzema was forced to come off in the 30th minute and was replaced by Eden Hazard.
1715  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2022/23 on: September 18, 2022, 05:39:14 PM
The match between Villarreal and Sevilla ended in a 1-1 draw. Sevilla had 55% possession during an exciting match. A free-flowing game played between the two teams, with short and long ball passes landing in the penalty area. Oliver Torres' goal for Sevilla in the eighth minute gave them the lead in the first half while Villarreal's only goal came in the 51st minute by Alex Baina. With this result, Villarreal are 6th in the standings and Sevilla are 15th.
Villarreal had six chances to shoot on target, but unfortunately didn't score more than one goal for them, while possession was won by Sevilla by a small percentage, the match was quite difficult and both clubs attacked each other, five Sevilla players were given a yellow card by the referee in the match for committing violation.
Five important saves were made by the Sevilla goalkeeper, which saw them avoid defeat and earn a point in the game.

This draw puts Sevilla in 15th place with five points, the next match will be even more difficult for Sevilla, because they will face Atletico Madrid on 01 October.
1716  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: September 18, 2022, 07:28:34 AM


Two matches have been postponed

 

Two matches to be played

Even though the British Government allowed the Premier League to continue in the midst of the current mourning conditions. However, the Premier League chose otherwise.
It will be a loss for the postponed teams, given the hectic schedule of fixtures they will face going forward, and the other two matches to be played this week, without the same delay.

If the reason for the delay is 12 days of mourning in memory of Queen Elizabeth II. But it's actually unfair if other matches are still being played, it seems there is another reason for the delay, but it seems there is a lack of police personnel to protect the match
1717  Economy / Economics / Re: How to save as food inflation jumps more than 11% in a year on: September 17, 2022, 05:05:10 PM
The best way to fight food inflation IMO would be to stock up on as much food right now as possible (nonperishable foods, obviously).  Everything else is a crapshoot.
The cause of inflation is usually due to an increase in demand for a certain type of goods or services. When demand increases while the stock of goods available is not sufficient, there will be an increase in prices.

I've heard economists say that one way to suppress inflation is to stockpile basic foodstuffs, because these are needs that must be met and everyone must and is compelled to buy. I also have the idea of ​​keeping inflation lower, assuming that each head of household collects basic necessities for as long as he can. For example, where we live the main food is rice, so what has to be stockpiled is rice as the raw material for rice, because without rice it will be difficult for people to survive, while the side dishes can be adjusted.

Inflation is caused by several things, natural disasters, wars between countries and also caused by Distributors, because they know when demand increases they can sell at a higher price, so hoarding rice is a way to make a profit. Regardless of the impact and risks that will be experienced by many people, it is appropriate to suppress inflation by hoarding as much basic commodities as possible. Thus, when basic commodities are available to the public, the prices of these goods will automatically fall by themselves, so that Distributors will resell these staples at standard prices.
1718  Economy / Economics / Re: King Charles pays no inheritance tax on the Queen's $750M private estate on: September 16, 2022, 09:42:38 AM
As far as one can argue about this, if there are special rules governed by the system, the power of the state is not greater than the influence of the kingdom, when compared to the presidential system, I think in this realm it is final, considering the many things and positive impacts that the Queen has made for the country.

Personally I don't really understand the legal and statutory issues in the royal system, that when the royal family leaves they are exempt from the death tax. Even if the law has been formed, talking about the legal power to change the law still looks weak to propose revisions, especially Queen Elizabeth II (Specific) is the longest-serving leader of the British Empire, reaching 70 years. I think it will be difficult to argue in this area. Even people in the parliament themselves do not dare to agree if someone proposes it.
Although in reality there may be many people who do not agree with these rules, but that is the royal system that applies to this day.
1719  Economy / Economics / The Impact of the Capitalist System on People's Economic Practices, Really? on: September 12, 2022, 04:56:46 PM
The capitalist economic system is a system in which private business actors own and control property according to their interests. An important factor of the capitalist economic system is the profit motive according to Adam Smith's theory. In his book entitled "Wealth of Nation", he explains the concept of laissez faire and the principles of the invisible hand.


Capitalist Illustration Image

These two concepts are the basic framework for the formation of the capitalist system theory, which includes the value of goods and services, structure, consumption prices, and production prices. There is a shortage in the capitalist economic system, because their goal is not to see the impact of consumers, but rather to the value of profits from the products and services issued. Thus it seems that the capitalist style will destroy the order of life of the little people, in making purchases, be it products or services.

Let's see how they work, in the area where I live, currently intensively promoting various types of houses, where they work with banks as third parties. However, in this case, the Bank is authorized to determine the prospective buyer, based on consideration of the criteria, employment status and agreed terms. However, it must be understood that Real Estate is different from Real Property, both which can involve the government in its management and those related to financing and settlement as building ownership.

Terms and Rough Figures For the Purchase of a Single House

1. Time period
This relates to the time period agreed upon by both parties (the Buyer of the House and the Bank), the longer the agreed year, the greater the profit received by the third party.
Because the buyer will continue to deposit every month according to the current year's agreement.

2. Advances
The amount of the down payment that must be deposited depends on the agreement between the home buyer and a third party (bank), taking into account the conditions they provide, the smaller the down payment, the greater the monthly deposit.

3. Monthly Installment
Installments determine the price of the house, because the smaller the agreed monthly installments, the longer the ratio of the specified repayment period, so the more expensive the house price.

  • Term of 20 years
  • Down Payment $5,370.21
  • Monthly Installment Ratio $134.26

Let's count?

20 Years X 12 Months = 240 Months
1 Month Deposit $134.26 X 240 Months =$32,221.25
Down Payment $5,370.21 + 240 months Deposit $32.221.25 = $37,591.46

Total for one house $37,591.46

In fact, if we buy land and build our own house, without using their system, the money we need is about $16,781.90

So, if the term of the agreement is long (Current Year), then the third party will automatically benefit $20,809.56, because the monthly deposit will run according to the year and the agreed down payment.

This is an example I got in the field, a few weeks ago?
Actually, I have conveyed this example earlier in this post Why the european housing market is about to crash, But because I think this is interesting, then I try to recreate my post?

This looks pretty crazy, the way they rob people of financial freedom, where for a need (a house), people have to spend that much money and not to mention talking about monthly deposits during the agreed-upon agreement. Of course, the consumer has the authority to buy or not, but if it is considered a house is a necessity, what can they do?
In the context of Economics, there is nothing wrong with this capitalist system. But there should be other ways that can be done to not be burdened by the system, so that people are not trapped in something that is not necessarily capable of being done.

Now I want to combine buying a house using this system, with investing in crypto and bitcoin. Maybe this can be a reference, especially for those of us who are in this forum. If people currently choose to buy a house, then they have to make a down payment of $5.390,11 as a condition and they continue to deposit a monthly fee of $134,75 for the current period (20 years).

Just imagine, if we invest $5.390,11 in bitcoin or in altcoins, if the return on investment is maximum and we do it at the right time, then to make one house no more than 1, 2 or 3 years running time, without having to wait for repayment annual fees that run according to the agreement. Of course, the investments that we make also have the impact of risks and losses, if someone does not understand the pattern and the right time to enter the market, this problem is related to knowledge, which may be learned before starting an investment.

But that doesn't mean the risks are unavoidable. Because there are many things we can learn before starting, be it investment knowledge, strategies and how to enter the market at the right time. Because what I see, the pattern of buying a house that they do, is no less than the danger posed by investment, meaning that both processes have the same risk, only in different conditions and portions. Oddly enough to understand, if we want to get involved in such a home buying system, despite the opportunity for change, we can do so through investment.

Whereas in Crypto systems in general we are used to determining the direction of freedom we want to do. Instead I think, cryptocurrencies are a way out of a problem they can't solve, towards housing needs for low-income people. By making the right investments, we will save ourselves from problems that are considered incapable of becoming easier. Technology that has developed, will pave the way for everyone who wants to learn to do something new.

Why did I mention cryptocurrency and not specifically Bitcoin, because the concept is more accessible to the lower classes, because talking about cryptocurrencies in general, it has a cheap purchase value, but the return at a certain time is quite maximum.
1720  Economy / Economics / Re: Is the pet industry recession-proof? on: September 11, 2022, 06:10:59 PM
But when it is expected that during an economic crisis, people would pull back on spending on their pets, it turned out the opposite. According to research by Edge by Ascential, the pet industry is forecasted to reach $281 billion by 2023.
I try to summarize some sectors that are vulnerable and resistant to the recession process, by looking at various considerations that support sectors in the US.

  • Global Market
  • Financial sector
  • Real Sector

These three sectors are relatively large in the US, so the potential for recession is greater, in fact this is a picture of the most recession-prone sectors in various countries.
While the business industry that has resilience during a recession.

  • Health
  • Technology
  • Education

Because these three industries are not sensitive to rising interest rates and these industries are needed by many people when the economy is in recession.

Meanwhile, the pet industry did not have a major impact on the occurrence of a recession, because the supply and expenditure of this industry was not directly related to secondary or primary needs. (replaceable)
Furthermore, a recession is associated with a declining domestic product, a negative real economy in two or more quarters and a major slowdown or contraction in economic activity or vice versa.

Animal protection laws: Countries now have written laws that protect pets against maltreatment and suffering. These laws are really enforced in developed countries and not in Africa where pests are exploited.
Including animal protection laws, but in the next comment you said that stray dogs and cats are caught for slaughter.

In some developing countries, dogs and cats are good meat. They are reared for meat and stray dogs or cats are captured and slaughtered. African culture doesn't support keeping animals as pets. Most dogs are reared for hunting or for guiding flocks. This part of the world has some of the best-hunting dogs, that can kill rabbits and bring the meat to the owner without several bites.

Do legal references only apply to pets, but not to wild animals.
This confuses me?
As far as I know the law is used in a general sense, there are no exceptions in its application.
If your assumption is correct, then the person living in the area you mentioned is breaking the law.

Covid-19 Pandemic:
>snip
The area where I live, COVID-19 has started to disappear, activities involving face-to-face meetings are running as usual, although the economic impact has not recovered 100%.
However, it seems that it is no longer in the dangerous category, just waiting for the economic recovery to continue, because people still cannot get out of the economic problems that hit when Covid-19 occurred.
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