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1821  Economy / Economics / Re: Bad economy is not good for either super rich or very rich on: April 15, 2022, 01:50:36 PM
No one benefits from a bad economy, from the poor to the very rich of course never expect a bad economy to happen, a bad economy will disrupt security and political stability so that very rich people are always afraid to do anything, and massive crime and robbery will occur so that people are always anxious.
Perhaps, it will depend on the government in managing their economy because if they can put the state budget in the right position, the economy will hopefully run well. It requires the integrity of every government employee in distributing the state budget so that no one will run out of budget or misstep. But indeed, the economy of a country is also related to conditions that occur in other countries so every country must have a reserve fund if a bad economy comes.
Yeah that’s right, but sometimes the government are reluctant of performing their duties very well and that leads to citizens facing the consequences. It’s also very important that the head of states work on the level of security in their country and assure the citizens that they are safe no matter what.

Law enforcement agencies should be urged to carry out their duties in ensuring the safety of people and properties. And again the government should always make sure that the economy is running smooth, and citizens should as well do their best to urge their leaders into doing what is right.
1822  Economy / Speculation / Re: BTC Sentiment Poll for April on: April 15, 2022, 06:04:02 AM
At the moment, we continue to be in a bullish trend, which began after large-scale sales in January-February. On April 11, we tested this trendline and are now trying to hold the current support. If there is a breakdown of the trend line, then the market is likely to test the previous lows. If we fail them too, then we can already say for sure that bears reign in the market.
I assume that the bullish trend part is accurate, but the drop wasn't mainly due to the rate increase by fed, it is obviously impacting, but from 48k to under 40k can't be explained simply by people who withdrew and then put their money into crypto. Obviously it is something that we have seen before and obviously it is impacting the price a bit but this was a too much of a fall to just put it on the rates.

I believe we increased way too much before that, from under 40k to 48k which meant that even a small push caused it to go down even harder and if we were to be 48k before that happened, like be there for months, then it wouldn't really hurt this much.
1823  Bitcoin / Bitcoin Discussion / Re: UFC fighters will get their bonus pay by Bitcoin on: April 15, 2022, 05:18:04 AM
I often watch UFC and I often see sponsors from crypto.com.
this may be a start in the use of crypto which will be huge in the future. Personally, I think that there will be a lot of sports in the future that will use bitcoin as their means of payment. whether it's a bonus, an incentive, or even their salary. well, basically it's a good thing to get people used to using crypto in the digital world. they will feel comfortable in making fast transactions using crypto. this will spread to those closest to them, and more and more. this is a good thing in the crypto world.
I do not watch UFC all that much, I follow just highlights but I do see them as well, but that doesn't mean that getting payments in bitcoin will become a common thing everywhere. I see crypto.com in NBA and in F1 as well but we do not see them getting paid bonuses in bitcoin there, which means that sponsorship do not really mean they would be getting in bitcoin, that is just getting the name of crypto out there and the name of crypto.com is great for that reason.

The trick is, here we are seeing fighters agreeing to it as well, or maybe they won't who knows but for now it looks like it is all understandable going smooth, and that is the main point, getting people to accept bitcoin payments.
1824  Economy / Economics / Re: Pay in rubles or have your gas shut off by April on: April 14, 2022, 08:12:18 PM
How true of the Russian Ruble having it's worth despite the sanctions imposed ?
Is the Rubble worth more than the USD right now ?
I asked a question some weeks back about who gain's from War, now I think it should have been, when two great countries fight the lower countries gain from them, who are the major benfitors of the war ?
It seems true. I did a recheck online and several articles also talks about this increase in the ruble currency. The reason why it happens is already discussed in this thread but no, the ruble price is not higher than US dollars price. As of today, 1 ruble is only equivalent to 0.012 US dollars.

For your last question, it looks like Russia is the one that gains or benefits from the war because of what happened to their own currency but is that enough? Don't forget that they are still in sanctioned and its effect have not worn off yet. There might be other reasons on why this war have started, not only by this one and I think it wasn't in the plan before?
1825  Economy / Trading Discussion / Re: What is going on ? In crypto ? on: April 14, 2022, 03:10:11 PM
Who told you that crypto token will grow everyday? The crypto taking profit rules is passion and hold. If you are looking for any coin that are extremely volatile then remember you can loss here also. Go for meme coins and Binance top gainers coin where you can make daily trading . The tokens are volatile and if you have knowledge of trading you can make profits.
based on number of project build, its really growth and we see everyday new project occur in market now. scam or qualified project keep appear and as investors we have to analize them correctly  without any big mistake that could make our money loss. the same way will happen in our daily trades, analizing project that should buy or sell is a must
We are talking about the price and not the amount of the tokens. There are tokens that being created daily and this won't stop as long as there are still people that can be fooled. All projects are qualified in the market because the market is unregulated but most of the projects are only scams so we must always do our research if we like to invest on them but there would be times that our research is wrong and we will lose, that's fine because we are only humans and we are not perfect.

We should not judge the op easily and blame him because if you will read carefully, he was talking to other people that are demanding. It was not him that complains.
1826  Economy / Economics / Re: Thailand ban using crypto for payments on: April 14, 2022, 02:25:41 PM
The more countries that banned bitcoin then this will create new users, when banned it makes people curious and when trying to get something different let alone knowing that the global cryptocurrencies community is very large then I'm sure he will invite friends or family to get into crypto.
That's risky if they will continue accessing something that is already banned. The news about banning can make someone curious but what about during the legalization of crypto on that country? Or maybe some are not informed by the time that happened but it would be better to stay away from cryptos if it's already banned. They should only wait once crypto is unbanned again. That is still possible because if we look at India, Bangladesh, china and others, they already went on this phase where they ban and unban cryptos.

There is no need to rush of getting involved in crypto because cryptos are still young and there is more pumps to come in the future.
1827  Bitcoin / Bitcoin Discussion / Re: Binance donates $10 million to support Ukraine on: April 14, 2022, 11:49:00 AM
Nice advice from Vitalik on giving donations, being slow and vigilant. With scams everywhere, one just have to not be hasty in there bid to give aid no matter how pressing you might feel it is and for there not to be regrets.

Well, its preeminent that Ukraine has suffered a lot from this war but, theyvare also getting a lot out of it too and the need to defend once country n the part of the Russains is being over looked. War could have several sides to it and not being on the part of the west makes you the enemy!

I wish there was never a course for war or even a war at all but, with cryptocurrency playing a part in this war raises hope on its acceptance.
When the war is over, and if they end up winning the way they want to without losing land, they could actually build a better nation out of this. Look at Germany, they were torn apart in the second world war and they had such a horrible situation, what ended up being their horrible demise, ended up being one of the leading nations of Europe right now.

Doesn't mean that we shouldn't recognize all the suffering they are living right now, but the fact that a country that was not really known too much aside from a few small bits by the whole world, got the attention of everyone and out of this war is a great path if they could handle it. Obviously corruption will mean a lot, if they get so much money but it goes to corrupted people then it will be terrible.
1828  Economy / Speculation / Re: BTC Sentiment Poll for April on: April 14, 2022, 11:12:31 AM
BTC shot up past 40k real quick as soon as everybody saw the NYSE opened 'not red'.  Cheesy  So yeah...  It looks like we're going to have a good US session today and right before the long weekend.  The NYSE will be trading a day shorter this week as it will be closed for Good Friday.

But we're not out of the woods yet and I don't trust the price action.  BTC seems to be following US stocks a little bit more than usual lately.  Keep an eye out.
It is really cool to see that bitcoin is up, but it is really scary to see that with American markets being high, bitcoin is high as well. There shouldn't be a connection between those two things but for some reason there is one. We shouldn't rely on American stock markets to see bitcoin shoot up, they should be irrelevant and independent from each other.

In any case, I am happy to see that it is higher right now and 41k is not a bad number, it means that the bull could be back on the menu once again. I can't say if it will go to 48k once again, but I am glad that I have waited long enough to see it drop before I got in, feeling much better.
1829  Bitcoin / Bitcoin Discussion / Re: What if Bitcoin Fails ? on: April 14, 2022, 04:55:54 AM
Bitcoin will not fail. It is a very young currency, and many new features are being built into it that makes it better than ever. Just like the internet is the underlying technology that powers the entire internet, the blockchain is the underlying technology that powers bitcoin. Other forms of digital currency are being built on the blockchain. All of these will continue to grow and expand and become more widespread. The blockchain, unrestricted by being tied to any one digital currency, will continue to grow as well.
Bitcoin and blockchain are not the same. Bitcoin is a currency that makes use of blockchain while blockchain is the technology that powers the transaction. Anyways the both of them are new and the world is getting to know about these new technologies and how to make use of them in a way that they would benefit the world.  And of course there is nothing like failure for any of these.

Blockchain on its own is very useful and is believe that it would power a lot of things in the future and not just transactions. Bitcoin too is also useful and so far it has been the truly decentralized cryptocurrency that we know.
1830  Economy / Economics / Re: When Will This War End? on: April 13, 2022, 06:21:00 PM
What can we do to bring a total stop to this war?

We have to come up with some useful information and suggestions to put a stop to these killings every day.

When will this way end?
All we can do here is just to talk and nothing more. The only way that these countries can come to peace is if their leaders should come to an agreement of putting the war to an end. Aside that, I don’t think that there is any other way that we can go about it, because is not by what we say here that will resolve the issue.

I read in the news before that both countries were close to reaching an agreement soon, but I don’t know why they haven’t done that yet. They really should work towards ending the war so that people do not continue losing their lives in this war.
1831  Alternate cryptocurrencies / Speculation (Altcoins) / Re: SHIBA INU - The Next gem in Altcoin industry on: April 13, 2022, 04:30:33 PM
This is what those people do not see, the only difference between Shiba Inu and Will Smith Inu is that Will Smith Inu was a short term cash grab and nothing more, while Shiba Inu is more of a midterm and long term cash grab.

So while Will Smith Inu just appeared and did its thing and will disappear soon Shiba Inu will remain in the market for a longer period of time, but at the end we are bound to see the same results anyway, we just have to wait longer in order to witness the disappearance of Shiba Inu.
We don't know yet if this new meme coin will stay longer or not. When shib started, many people also speculated that the coin will die quickly but look at shib right now, the coin was still alive and kicking. I think that is because the coin was influence by elon musk, vitalik and others. The same thing can happen to will smith coin. Maybe it wasn't only the name but maybe will smith has some real connections with it?

Who knows but I think one way to find out is to check the social media accounts of the actor if we will drop some signs about this coin. This can be the next gem in the meme coin category, not in the altcoin category but please be careful when investing in meme coins.
1832  Economy / Trading Discussion / Re: Is Using a Stop loss "Good" or "Bad" on: April 13, 2022, 03:08:05 PM
In spot trading I think Stoploss did not work well but sometimes. Market up and down is part of Crypto market if you put Stoploss may be it hit Stoploss mad then pump well ..many times I experienced that whenever I put Stoploss in coin it hit my Stoploss and then shoot from there. Sometime itbsave me from big loss like when Bitcoin was down from 44k to 30k in 2021.
Yes that is the reason a lot of traders feels that making use of a stop loss is not a good tool, because sometimes it can lead you to missing better opportunities in the market. There is always a good side and a bad to everything, but so far I think that not making use of stop loss has been something that has been working out for me and it’s something I can deal with, so I rarely consider making use of this tool.

There are still people who think otherwise, that’s why we can’t all be the same, if you perceive that a particular strategy is working better for you, it's good to hold on to that and not do what other traders are doing.
1833  Economy / Gambling discussion / Re: ⚽UEFA Champions League Discussion Thread -- 2021/22 Round of 16! on: April 12, 2022, 08:15:59 PM
Its half time this champions league night and the odd seems to not be in anyones favor lol. It remains a draw at the Allianz Arena as Villareal continue to hold up tight to their 1 goal advantage against the attacks of Bayern Munich; Meanwhile, Mason mount has given Chelsea a lifeline with his in the first half against Madrid. Who will qualify to the next stage?
Very interesting to watching these match.Chelsea is playing aggressive plan against Real Madrid.1st now Real 3-2 Chelsea, If second half Chelsea can do better something. I hope Chelsea can qualify in next round.Bayern did try  to score in 1st half but they didn’t do it.I hope Bayern will win in second half i hope Bayern will be qualify for next round.
After end of first half both matches are very interesting as Bayern Munich is having very good control on all but still looking for their first goal of this match which showing how Villarreal is strong in defense for this match against team like Bayern Munich, hopefully we will have good entertaining match in second half as well.

Chelsea vs Real Madrid is also going to be anybody game after having first half in control of Chelsea with current situation we can say both teams have equal chance for qualifying into semi-final of this year's Champions League but as Chelsea playing most chances they can give shock to home team but still it's not easy for them, we can expect some tactical changes from home team for second half because now it's do-or-die match for both teams and aggressive Chelsea will be more lethal in second half.
1834  Bitcoin / Bitcoin Discussion / Re: How do you spread BTC to people within you on: April 12, 2022, 04:01:43 PM
As individuals there are many ways we can help toward contributing to the increase in number for bitcoin adoption, in other to achieve this, we must first be the change agent people would want to see and talk about in bitcoin, meaning you must know it, do it and impacts others genuinely about bitcoin.

We have different awareness strategies we can use in achieving this such as creating a bitcoin adverts on social media, radio and tv station, bills amdy fliers, sign posts, branded clothing materials and on one canvasing, class tutorials and seminars etc.
One-on-one conversation is usually the best. There isn’t really the need to be running advertisements or radio promotion because you want to promote Bitcoin,except when you have a business that has to do with cryptocurrency, then you can advertise your business to the people by using all these Media means that you have mentioned to reach out and get more customers. But, when it comes to introducing people to bitcoin I find it that one-on-one conversation just does it for me.

And then I think one thing we should really avoid is passing out the idea that bitcoin will make people rich. Because I usually see some newbies who would get into bitcoin and be expecting to get rich quick because of what they were told. We should let people know that bitcoin is simply a currency/asset, it can also be an investment, but do not think it is something that will get you rich overnight, although you might be lucky.
1835  Alternate cryptocurrencies / Altcoin Discussion / Re: newbie invest on: April 12, 2022, 10:42:59 AM
I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
BNB is a good crypotcurrency, Binance is the biggest exchange in the world right now, so that automatically makes their coins a good choice. Other cryptocutrrencies you might like to consider may be Ethereum and Bitcoin. Sometimes I go full investment in Bitcoin without minding having any alt coins at all.

It’s just up to you. Most people believes that if you want to play it safe, then Bitcoin should be the choice to hang with since it is the top cryptocurrency in the market and has the potential of growth even in the next years to come, unlike majority of the sky coins market that you can’t tell what would be their outcome in the future.
1836  Economy / Economics / Re: Thailand ban using crypto for payments on: April 11, 2022, 09:59:26 PM
I'm not surprised by the news because they are planning to build their own CBDC which some countries are doing. Bitcoin as a payment system may become a threat to their CBDC, so in order for people to patronize their own fiat centralize currency, they need to barred the popularity of bitcoin as a payment system by banning it.
Governments are either incredibly shortsighted or they actually think their citizens are dumb, after all the huge inflation levels that we are seeing everywhere are their fault and now people are suffering the consequences of their mistakes, and their solution is to create a digital currency that is many times worse than the current form of money they implemented, people will not adopt their coins because they know what they are up to and they will decide to use bitcoin even if they ban it, as people will probably prefer to take their chances rather than adopt those shitcoins made by the governments.
They are afraid, that is the right word. I mean the fact that fiat is bad in every nation, which I am guessing probably even worse than average in Thailand, means that people will move their money more and more to crypto to save their money. Which means that we are looking at a situation where crypto is better seen than the fiat of that nation.

Thailand, china, and many other nations that ban crypto sees this as a threat and their governments are afraid that if they let people use it, it will hurt their fiat even more. Reality is that you are bringing more and more money to that nation if you let people earn from crypto, but they can't see that.
1837  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2020/21 on: April 11, 2022, 09:26:30 PM
For Real Madrid, Sevilla, Atletico Madrid and Real Betis are all three opponents that are relatively hard opponents. Among them, the performances of Sevilla and Real Betis are very irregular. If Real Madrid can maintain consistency and Benzema is in form, I believe Real Madrid can win all three of these matches. However, if Benzema is injured and out of the squad, it will be very difficult for Real Madrid to win the matches.
the most important thing now is that they have to look after Benzema no matter what because he is still a major asset now.
When there is Benzema on the pitch it will be very profitable for Real Madrid. although this is a very unfunny thing because they still hope for one person but they can't do anything without Benzema there.
The schedule is very tight they have to try to make benzema as comfortable as possible and keep him from getting injured
I think they are in a very tricky spot right now, just like with Bayern. Benzema is playing one of the best season of his life, and you can't just sell a player like that with the hopes of getting a better player, both because you can't get insane offers for him since he is old, there will be small offers, and also because how could you afford to get someone better.

If Real is after Haaland, that might work but even that's a tricky situation, get maybe like 30-40 million for Benzema at best, and then pay like 150+ for Haaland, that's tricky. But if they keep him, and play him for a few more seasons which he should be good for, then he will worth nothing for sure, he will be much closer to retiring by that time.
1838  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I am big fan of SHIBA on: April 09, 2022, 09:49:25 PM
Minimizing risk is indeed better especially with meme coins which if we hold it in the long term it is too risky,
for the meme coin in this case is Shiba inu we have to be wise or manage it well,
we'll see later how far the development of Shiba inu by his team will be
Minimizing risk when we are talking about something like this is a big problem. I mean even putting a single dollar into it is a big risk and that's the problem. Doesn't mean that you can't invest more, if you have enough to invest then you should but that means you are rich and risking small portion of it even though the amount could be high for us.

The famous guy that invested like 8k or something on very early days of it, that has billions now that he can't cash? That guy probably had millions of dollars, that 8k was nothing to him. So, all inall it means that 8k could be a lot for you and me, but still riskless for him, like investing 8 bucks for us.
1839  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins To 10-100x This Year on: April 09, 2022, 03:30:45 PM
the fact that most of the influencer nowadays are not serious when it comes promoting project and what they do is to keep posting click bait to gain viewers in order to have a good income as well, so it's definitely not a good idea.

For me probably it's a good idea to rely on the top 10 cryptos in the market and those projects that made good history in the previous run because surely after all you can obtain profits, even not 10x at least you have profits and your capital is in a safe place, and instead of seeking new projects because tbh its really hard to find gems nowadays..
Investing money in new project is just like a bet. You are never really sure of what would be the outcome but there is also the possibility that you might end up being lucky on your investment and that would be a cryptocurrency that would make 100 times increase in value in the nearest future. But this is never the case for most of the people, only a few are this lucky.

So, for anyone who is trying to do such thing, you just have to be careful and make sure that there is a lot of money to spare if you're taking such a risk. If not, the best thing for you to do is just keep investing in the top projects in the market and stay safe.
1840  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The new star of the stock market is APE COIN!! on: April 08, 2022, 08:03:07 PM
Unfortunately people do not understand that at all. In fact, doge and shiba should have been staying lower than where they are right now as well, they do not deserve where they are. You can ask the very creator of doge and he will tell you that he developed it in 2 hours as a joke as well and people still buy it and think it is a good investment.

Shiba is opportunist few people getting together to use the name of the doge meme dog type, which is a shiba, and then they are hoping that it would do well enough. This is why they are useless and worthless, doge, shiba, ape, floki all of them are horrible and for some reason people do not realize that.
This is true, it is really just a shame that crypto world become such a joke in the world. Between the memecoins, and NFT world, and metaverse projects building stuff on top of roblox looking shitty graphics, we became a joke to the world.

I mean back in the day we were bitcoin, ethereum, decentralized finance, replacing banks, ignoring borders, becoming international and so many other things. Today? Lol look at the shiny nft I can showcase on my minecraft home!! That is the horrible stuff that we became just because of things like shiba, doge, ape and many other things like that. I feel ashamed when talking about how I am in crypto and people think I do those things.
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