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1781  Economy / Economics / Re: How Will Investing Help the Economy of a Country on: July 14, 2022, 11:14:49 AM
Actually investing will automatically improve and help the country's economy, for example if we open a cafe there will be many things involved such as workers, raw materials, distribution, and so on, effective investments are those that are directly related to consumption and production.
Try to give another example apart from the internet cafe because in my place the internet cafe is a very common thing and is only of interest to game addicts. After all, since many people can install an internet network in their respective homes, some internet cafes also look deserted and only a few are busy because they already have old customers in particular. Even though it looks good on the face of it, but I think it would be even better if it invests in a company that makes food, under certain conditions and also the food must be well known around.
1782  Economy / Economics / Re: Why You should not worry about BTC price action on: July 13, 2022, 02:42:11 AM
They will never make big profits if they stay that way because they can't hold their coins until the price increases again. But most people will behave like that, selling their coins when the price drops instead of selling at the highest price because they always expect the price to continue to increase. Maybe sometimes it can happen but we also have to know that the price can't always be like that so we have to be prepared if another decline occurs.
At first glance, this is the behavior of newbies who do not care about their own assets (including assets such as Bitcoin) so they prefer to sell them when prices are falling because they think that prices will continue to decline. Even though the best coins like Bitcoin can always stay in a good position and are also in demand by many people so selling them at low prices is a mistake because they don't defend themselves.
1783  Economy / Economics / Re: Bank runs make u use crypto on: July 13, 2022, 01:49:05 AM
Bank runs make u use crypto.
Stable coins are future nobody cant touch ur coins.
China bank run also coming cyber problems system down and so the only solution will be bininance exchanger our new bank.
Also poloniex exchanger is good as bank its an oldschool exvhanger so for older people retro.
But bank runs and out of liquitity with deflation and rate hikes not enough liquityty to everyone.
So bank runs coming and crypto is solution
So far I have never heard of the Bank Run you mean because so far I have only used ordinary banks in my country even though I can't exchange crypto there. And that's not a problem for me because I'm still comfortable keeping crypto privately and also still comfortable exchanging it with platforms or exchanges that I'm familiar with.
So what is the Bank Run for and what are its functions apart from what you described?
1784  Economy / Gambling discussion / Re: Premier League Prediction Thread 2021/2022 on: July 13, 2022, 01:42:14 AM
It's a little difficult for Chelsea because they have to compete with a team that is ready to pay what de Ligt's team wants at the moment. Even Bayern Munich has reportedly submitted a proposal on the table but it was rejected. I'm sure they will come back with a higher bidding price. Maybe I can conclude, Chelsea's hopes of signing De Ligt are very slim.
If Chelsea's offer is not bigger than the one made by Bayern Munich, then obviously Chelsea will not get De Ligt in this transfer window and right now the teams that are really serious and consistent in making offers to the best players are Bayern Munich and Chelsea I thought it would be hard to beat him.
1785  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: July 13, 2022, 01:36:21 AM
Yes even I dare say that they will come back out as champions. Indeed I have not seen what their gameplay is like for next season, but I'm sure they will do more or less the same as the previous season. If you look at the team squad, Bayern Munich is quite promising with the arrival of their new player. On the other hand, Borussia Dortmund, which is expected to be their competitor next season, has lost their good striker.
In the Bundesliga, it's clear that next season Bayern Munich will still be champions because considering, as you said, the current Bayern Munich squad is very complete and it definitely gives Bayern Munich more power next season so that Bayern Munich's chances of winning are again in the Bundesliga is still bigger.
1786  Bitcoin / Bitcoin Discussion / Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 on: July 13, 2022, 01:24:55 AM
Whatever your view may be on the Bitcoin adoption by El Salvador president the fact remains that El Salvador citizens now have a legal decentralized digital currency, that is serving as an alternative to the United States dollars. This to me means that the president is smart enough to take the financial power off the string of our dollars and peg it on a decentralized currency like Bitcoin, and if you look closely the president's decision to adopt Bitcoin as a legal tender is the best financial diversification and over-concentration of the country economy on the United States dollars since El Salvador does not have it own traditional currency.
Because El Salvador doesn't have its own traditional currency, the government of El Salvador is making it a little easier to adopt Bitcoin as legal and being able to use Bitcoin as legal tender in the El Salvador environment itself and I think that's a very also good for El Salvador and its citizens. After all, Nayib Bukele, who already loves Bitcoin, is always more patient when he sees Bitcoin falling in price and is also still trying to buy it at a low price like now.
1787  Economy / Economics / Re: Why You should not worry about BTC price action on: July 08, 2022, 09:20:11 AM
Those who are still affected by the price movement are either psychologically susceptible beginners or investors who aspire to profit at the near or medium level.
I think Yes, it is clear and it is true. Because they still really want to get profits quickly and also in the near future so they never use patience in every case and condition. I think that kind of person will always be more afraid when the price of the coin he owns has decreased and will immediately choose to sell it immediately without remembering to stay in such a position.
1788  Economy / Economics / Re: Share your Money management strategy on: July 08, 2022, 09:14:43 AM
The only thing one can focus on these days is to get finical freedom by cutting down extra expenses and focusing on the needful items only.
The best approach is to find the way of passive income and get some extra money to pay your bills and other expenses.
Your advice is good, but it looks very ordinary to me because for now I am still running a strategy by working in two places (trading in crypto exchanges and also trading in traditional markets) at the same time in order to earn extra income. And it still allows me to be able to enjoy my time and also still allows me to buy things that I like with certain needs. Being too frugal can also torture yourself by limiting every desire you need.
1789  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: July 08, 2022, 09:01:02 AM
It seems Todd Boehly has big plans for Chelsea. But bringing Ronaldo on board feels like a bit of a stretch to me. No offense to CR7, but I think there will not be much he'd contribute because we have the likes of ngolo, Kai havertz and Mount, he may not really have much impact. Take his stint at Man United for instance.
When a star is old, the influence is only about his name and also his experience in every match, because in terms of performance it has clearly started to decline even though he still has the ability to score goals. But it is always based on very good cooperation within a team so that its potential can be seen and also the team can benefit. Because a team will not develop if each player only puts forward their respective egos to show themselves the best without collaborating with other players.
1790  Bitcoin / Bitcoin Discussion / Re: why is bitcoin price important? on: July 08, 2022, 08:53:02 AM
alot of posts seem to be focused on the price of bitcoin. i understand why because they are wanting to sell it for a profit but is that the purpose of bitcoin or was there some other purpose for it? i thought it was originally designed to just be a way to transfer digital cash in a decentralized manner but it seems like people don't really care about that part of it and all they care about is what its price is. seems they got the wrong idea of bitcoin.
Those who don't care about the purpose of Bitcoin are those traders and investors who put their money into Bitcoin because what they expect and focus on is the profit they can get from Bitcoin itself. Although basically they also know that the purpose of Bitcoin is to be able to transfer digital money in a decentralized manner at any time.


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thing is, for alot of people it seems like when bitcoin price is "high" they think that means it is succeeding more than when it is "low". but if we think about bitcoin's intended purpose, it doesn't matter what the price is as long as bitcoin can be transferred peer to peer without any centralized party being involved. so if bitcoin was worth $1 people shouldn't complain.
Likewise, those who complain when they see the price of Bitcoin has gone low because they experience a loss if they buy at a higher price than now so they need more time to recover the amount of money that was lost when the decline occurred. Even though there is no need to complain that the product they are holding is Bitcoin because Bitcoin will always be good and profitable as long as they can be very patient with the market situation.
1791  Economy / Exchanges / Re: Binance remove BTC trade fees to mark 5th anniversary on: July 08, 2022, 08:41:33 AM
World largest crypto currency exchange, Binance celebrate their 5 years anniversary and with this comes the announcement to remove trading fees in it's worldwide platform.
 This initiative was promoted by a strategy devised by its US subsidiary, Binance.US. who smashed fees for Bitcoin spot traders with an aim to foster growth, increase its popularity and also boost competition. The move taken by Binance.US has sorely affected the stocks of rivals, Coinbase and this will take effect from 8th of July 2022.
If today it applies to the whole world, then Binance users worldwide will definitely benefit greatly from the elimination of trading fees on the platform.
And what I want to know is how long this will go on or if it's just for one day considering this is only about Binance celebrating its 5th anniversary right now.

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This news should elate traders as they can be able to enjoy the fee cut benefit with US dollars.
Of course, it is very encouraging because there are so many users on the Binance exchange at this time and it is clear that the benefits can be felt directly by traders on the Binance platform.
1792  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: July 07, 2022, 12:33:48 PM
Chelsea's management will spend a relatively modest fee to get Cristiano Ronaldo's signature at just £15m, but Chelsea will have to shell out more than £400,000-a-week despite Mendes having told interested parties he is willing to take a pay cut if an agreement is reached.
Wow Shocked, this is very interesting to discuss because I never imagined that Chelsea would still be interested in Cristiano Ronaldo, who is not young anymore as a football player.
This is a very extraordinary thing for Chelsea and I also want to know why would he be willing to take a pay cut if a deal is reached ?
1793  Economy / Economics / Re: Bitcoin's latest decline was triggered by quantum computing headlines on: July 07, 2022, 12:28:03 PM
maybe this is included in one of the reasons that do have something to do with the decline in bitcoin.

But I myself see that the biggest impact on bitcoin's current decline is from the impact of the deteriorating world economy. the impact of the pandemic that swept across the country. because even in my country the result of the covid-19 pandemic. more than 24 million workers in my country are affected. because the factories were closed. and if you look more broadly, it is the result of inflation which has an impact on all sectors of the economy. made worse by wars and other epidemics that emerged.
In fact, we can see a global economic recession that seems to be in sight.
Some of what you said is true, but I no longer see the problem of Bitcoin dropping because of covid-19 because I think it's been resolved and has been handled very well in the last two years. So the decline in Bitcoin that we are seeing at the moment is due to inflation and war that can affect the global economy and because it makes investors prefer to put their assets into currencies that they think can be very safe.
1794  Economy / Economics / Re: Why You should not worry about BTC price action on: July 07, 2022, 12:22:11 PM
snip
Coming to 2022, we've had series of price fluctuations with recent lows of $17,700k. This is not the first time BTC slump is experienced in the market;
Did you know that June 2022 for the first time saw the highest BTC price drop in Crypto history?
Maybe he doesn't know about it, but in this case you have also told him very well and presented the facts through this very important table.

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In general, BTC performance in the annual data shows significant gains in certain months and we can speculate maybe for the next half of the year, reaching $100k is very potential but just need to wait for the next big bull phase.
I'm also a little more confident that a big Bull will come to Bitcoin at some point in time, although I generally can't say for sure when it will come to Bitcoin again, but I always have a little faith in this period of decline where investors and traders will buy more lots of Bitcoins slowly in this year and the effects will definitely be seen in the next year
1795  Bitcoin / Bitcoin Discussion / Re: Strong Hands Are Buying on: July 07, 2022, 12:11:21 PM
Strong hands increase their own strength by purchasing more. Since there will be fear behind them, everyone should see this as an opportunity. These people have an optimistic outlook on bitcoin, therefore even if the predictions didn't come true at the proper time, it doesn't have a significant impact on them. Even entry-level investors are investing more money now with the year 2024 in mind.
What do they consider Bitcoin for 2024? because what I see from the current market cycle is that it has started to change and it is also not certain that in 2024 they will get the profits they hoped for even though investing money into Bitcoin at this time is the right thing to do and it could be that the profits come earlier than what what they predict.
1796  Bitcoin / Bitcoin Discussion / Re: Today is the story of my investment in Bitcoin on: July 07, 2022, 12:01:16 PM
This is a very smart move to buy 1BTC at dip from ATH, base on the current price, without looking at the risk involved to borrowed money from the bank and uncle with the interest rate involved to pay back base on the period agreed on, but nevertheless using your initial capital worth of $6000 without borrowed is the best, for a long term investment.   
Not only about good advice, but for $6000 is a very fantastic start-up capital in terms of buying Bitcoin at this time even though can't get 1 unit of Bitcoin, but it is very enough to invest in conditions like now with great confidence. Because with that $6000 capital someone can already get 0.29 BTC at this time and that is a very extraordinary thing in my opinion.
1797  Bitcoin / Bitcoin Discussion / Re: Ignore the dip and Invest in Bitcoin for long term on: July 07, 2022, 11:40:49 AM
Nice one this is a good advice, most time the problem with bitcoiners is lack of Patience. Everybody wants to invest today and and become rich today forgetting that Patience is a virtue. Buying the dip and holding until the price increase is the goal. Thanks for this advice....
Only people who don't know investment methods want to get rich immediately after making an investment in a number of things including the matter of choosing cryptocurrencies. And I think that kind of person will never succeed in his investment if he still wants wealth in a moment because in every investment it is very clear that it requires patience as you said.
1798  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2022/23 on: July 06, 2022, 10:54:30 AM
Yes, he still has one season on his contract with Manchester United, and if see the potential based on his performances, I believe the former madrid striker will last at least another two to three seasons before he ends his career in football. After all, the red devils don't have an alternative striker ready to replace ronaldo
I want to say it's hard to see ronaldo back in the laliga let alone playing for his former rivals, barcelona
That's true, I also don't think that Ronaldo would want to join and play with his former rivals when he was at Real Madrid, so the option to stay with Manchester United is a very good option too considering his age which is close to retirement. And anyways for now the ability of a Ronaldo is still very much needed by Manchester United in the next season.
1799  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: July 06, 2022, 10:47:59 AM
New Paris Saint-Germain manager Christophe Galtier hopes Neymar will stay at the club for next season amid speculation about his future, but the new coach warns action will be taken against dissidents.
This indicates the seriousness of the new manager for Paris Saint-Germain is so great and extraordinary that he very firmly issued the warning to dissidents within the Paris Saint-Germain team.

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What will happen to Neymar after PSG said they would sell him if the right offer came along?
I think that if it could actually happen, then the Paris Saint-Germain team would actually be okay because in the Paris Saint-Germain team there are still many players who have the same potential as Neymar. So overall, the manager and the team will not be afraid if they have to lose a Neymar.
1800  Economy / Economics / Re: Fashion Brands uses Blockchain Technology on: July 06, 2022, 10:18:47 AM
it's very good they know the functionality of blockchain technology ... because basically blockchain technology can not only be applied to cryptocurrencies, but more than that, this technology can be applied to various sectors globally,, and even that includes the fashion sector,, for can maintain the originality of the goods in the sector and allow users to track how the goods arrived at their hands.. this is very good news because LV is a well-known brand globally and this will make the adoption of blockchain technology even more significant in the future
I will also feel very happy if the adoption of blockchain technology is significantly more developed in the future because it will make some people who don't believe in blockchain technology will start to open their minds and eyes to learn about blockchain technology. Especially if it could be possible for the fashion sector with a brand that is already very well known in the world so that people who use fashion products will begin to realize that the products they use are related to blockchain technology.
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