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1821  Economy / Economics / Re: Difference btw CBDC & BTC (Simple and short explanation) on: June 26, 2022, 03:55:31 PM
There isn't much difference between a CBDC and a fiat currency, they are merely a digital version of each other. The CBDC will give the government full control over them against fiat. Even the slightest fluctuations in our account will be passed to the government. Personally, I still prefer to use fiat over CBDC, our privacy will be nothing if we use CBDC. A digital currency, bitcoin is more than enough.
1822  Economy / Economics / Re: What is the golden rule of investment? on: June 26, 2022, 03:27:45 PM
To me the golden rule is to never bet on 1 horse.
Diversify your holding into stones/crypto/metals/cash en stocks.

Within this asset classes diversify too into more risk to less risk. Allocate your funds wisely because losing your hard earned money is terrible.

I think we need to invest in different projects. If we want to have a profit in the long term, then we should not be worried if our profit changes daily in the direction of decreasing. We must look at the total annual revenue and only then draw conclusions. If there is an unexpected change with some currency, then we will have several more options for saving our deposits.

Diversification here I think we should invest in many different industries and sectors and not just invest a lot of coins in crypto. Crypto is equally risky, and investing in different coins helps to reduce risk a bit, but the best thing you can do is diversify your investments into many different sectors such as real estate, securities, etc...

Considering the current state of the crypto market, you may find that if you only invest in cryptocurrencies, whatever coin you hold at the moment isn't making you any money. Diversification of investments is therefore essential.
1823  Economy / Gambling discussion / Re: Cricket match prediction discussions on: June 26, 2022, 04:53:20 AM
Kids in Russia or France won't have any interest in cricket, when they see a bunch of Indians and Pakistanis wearing the jersey of Russian or French national teams and competing in tournaments. In order to attract native players, you need to have natives in the squad. Forming national cricket teams entirely of foreigners may enable the ICC to claim that they have 100 or 120 members, but it does a lot of damage to popularity of the game. I don't want to comment on duration anymore. Now we have the T10 format, which gets completed in around 1.5 hours.
I believe Cricket is the game of South Asia - there are vert. diehard fans in India and Pakistan. But other countries have their interests and they have other sports of interest. That is correct as mentioned above - Russians and French are not much interested in cricket. What do they play than Soccer?
I am not agreed here now with the new formats of T-10 and T-20 this could be for every one but going to take time because ICC has never been ideal organization for spreading this game here things are going for just support of two or three countries which is having not good impact.
If they want to spread this game drastically then surely need to implement few tough rules for all and try to have gone with same fair policy, but now it's completely impossible money is too much involved, and they are happy with IPL is going to have good funds for their deep pockets.
If ICC takes some strong initiatives then surely we can go positively for many more good and quality players from different countries which are currently not involved in this game.

First of all, I agree with both of you but to a certain extent. Cricket is obviously a game of South East Asia. And cricket is never going to get the type of fan base that it got from this region of Asia. But right now with cricket evolving and the formats getting shorter and shorter day by day I think a lot of other countries are also going to be interested.

But we all know that ICC really does not care too much about cricket being a sport that is accepted and spread worldwide. If we say that all the fault is on ICC I think we will be wrong because the top 4 countries in cricket are also not very good supporters of having lots of teams playing cricket. Apparently, it makes them look bad if they lose to a smaller country.

Well, I have a solution for that, ""get better or don't play cricket"" Smiley.
1824  Economy / Gambling discussion / Re: Premier League Prediction Thread 2021/2022 on: June 25, 2022, 02:42:19 PM
With Haaland signing with Man City, I think they are definitely favs to win the Premier League again next season. You can't really get a better striker than him at the moment(maybe Harry Kane?). Striker was the only role that Man City were really lacking in. Even though Pep's style of play doesn't really require an out and out striker, it will he handy to have one in clutch situations where they could whip a high cross in, instead of trying to put in low through balls.
Manchester city is fighting to retain their first position in the next premier league table, with the lessons gained during the last season that made them lose out on the championship there will be needing players like Haaland will be a good asset to man city in the next season.
Man City main priority is to win UCL next season I believe that prompted the club to sign Haaland, their are some crucial matches where Guordiola played false nine in the absence of Gabriel Jesus or due to some changes in tactical formation, the arrival of Haaland will address that issue, definitely the team will continue to dominate EPL with the quality of players in the squad, however the coveted UCL trophy had remain elusive to the club despite winning the EPL trophy consistently the team is now a complete team and one of the best in Europe.
I totally agree that winning the UEFA champions league is the main priority next season for Manchester city after  coming so close to the finals but losing to Real Madrid. They are now adding reinforcement to the squad and hoping to be the champions league winners next season. With the Erlin Haaland, and hopefully Philips and Cucurela joining they will have a formidable squad and will stand a chance in the UEFA champions league next season.

It's not just Manchester City that are increasing their power. Liverpool, PSG, Barcelona and Real Madrid continue to try to make themselves more stable. So next season the Champions League looks set to be even more competitive. PSG is looking for a new coach. Liverpool are adding new players to the squad. Barcelona is getting stronger with the help of Xavi. The goal of each team is to win the Champions League.
1825  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: June 25, 2022, 02:01:47 PM
At Anfield, Divock Origi has always been a key player who got lucky when Liverpool needed an important goal. Divock Origi's playing minutes at Liverpool are relatively few compared to other players like the trio of Salah, Mane and Diogo Jota as you have said.
Actually happy that Ibrahimovic is still able to compete in the big league series A. At 40 years old he can still take advantage of the advantages he has, even though he doesn't run much he is quite effective at creating chances for himself or friends. Milan may have been worried about his age and injury, that's why they bought Origi to replace him next season. Even though I haven't seen a lot of performances, I think he only got enough playing time. Maybe with his move to Milan, he can show his best abilities. Hopefully he can adapt quickly.

I don't think Ibrahimovic will retire right now. Maybe he didn't score too many goals last season. He scored only 8 goals. However, if he is with the team, the players of the team are more confident. And remains stress-free. As a result, the overall performance of the team is very good. AC Milan may have picked Divock Origi to replace Ibra, but we may occasionally see Ibra on the field.
1826  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: June 25, 2022, 01:54:02 PM
Their is no genuine report that christiano Ronaldo will be leaving Manchester United Bayern Munich.  Well, if happens to be true it will be a nice one for Bayern Munich,  the squad they will have for next season will be one of the best and it will definitely make Bayern Munich to win many trophies , but I still doubt to see christiano Ronaldo in Bayern Munich.

I have not yet seen any rumors that Cristiano Ronaldo is interested in going to Bayern Munich. He joined Manchester United last season. It doesn't seem credible to me that he will leave United this season. However, if Ronaldo comes to Bayern Munich, I don't think he will be able to get along well with Lewandowski. Lewandowski has long been one of Bayern Munich's most important players. He certainly does not want to lose his position.
1827  Bitcoin / Bitcoin Discussion / Re: Best Wallets for Bitcoin lightning network on: June 25, 2022, 03:47:17 AM
Did you mean to miss out electrum? Afaik they have a mobile version compatible with the lightning network (I've only used the ln on PC with electrum though - and used blw and eclair on mobile).
Yes right you are, electrum wallet is bet for bitcoin lightning network and this wallet also support SegWit wallet and it us user friendly it have Android, ios, windows, linux version available anyone can use electrum wallet according there device

The OP seems to have overlooked Electrum wallet, I use electrum on my laptop and it's extremely smooth and easy to use.
I also used various wallets to store bitcoins but then I stopped with Electrum. Did I miss something? I can't find the Electrum app on Appstore, Electrum has been released on Appstore?
1828  Economy / Economics / Re: Covid omicron version 2.0 monkeypox coming and markets on: June 25, 2022, 02:20:29 AM

these are all human challenges to survive on this earth. and i believe, each one of us is battling certain kind of war to keep surviving. people in ukraine may prefer to have the pandemic rather than the war. but in most parts of the world, pandemic is one of the worst problems they have encountered in their lives. we have our own battles but we need to fight in order to live. make the most of the opportunities presented to you. monkeypox or other viruses, i guess, they will be part of human survival.
It is said that the pandemic like this comes in 100 year. Covid was horrible - I remember the first few months we were so scared that we didn't go out.
Even the shadows of the COVID are still looming on our heads. The losses and the misers are unrepairable.
Important thing people never expected this to be so severe and the governments were also not prepared for the same. During the beginning days of covid-19 an opposition government minister mentioned about it and the ruling government said there is nothing like corona. Few months later the same person gave the statement that they aren't aware of it to take precautionary measures. So, it is also the failure of governments.

We cannot completely blame the government for not being able to stop the covid pandemic. It is very difficult to stop them in time because they spread rapidly through the air, from the breath. Not to mention the awareness of the people that they do not always comply with the regulations set forth by the government, many people with very poor awareness have deliberately spread the disease to others. Anyway, it's over and we can make a vaccine to stop the virus.
1829  Economy / Economics / Re: Bitcoiners are protecting, while EU nations are destroying the environment on: June 24, 2022, 03:25:07 PM
These are just anti-crypto people's excuses. As long as bitcoin exists, they won't stop attacking it. If it weren't for the reason bitcoin is dangerous for the environment, I'm sure they would find other reasons to blame bitcoin as well.

Europe is going through an unprecedented energy crisis, with the use of coal because it has no other choice. The war has been over 100 days with no end, I hope it ends soon and peace returns. It doesn't just affect the only EU, it affects all countries.
1830  Economy / Economics / Re: How Will Investing Help the Economy of a Country on: June 24, 2022, 03:00:41 PM
Sure, when you invest in a company's stock, you're helping them raise capital for their business, expanding the market, and eventually helping thousands of people get jobs and ultimately full pay taxes to the government. No matter what sector you invest in, if it's legal and regulated by the government, it's you contributing to the economy.  The people are rich, the country is strong, a country cannot develop and become rich when its citizens are poor people.
1831  Economy / Economics / Re: if you think 18k btc is low wait until autumn ... on: June 24, 2022, 02:43:37 PM
One thing is sure. The prices won't remain at this level for too long. If the prices don't go up significantly in the medium term, then there will be mass sell-off from the inexperienced guys who took loans to invest in Bitcoin. A lot of the individuals who made investment in 2021 did that assuming the prices will always go up. These guys have no memory of the previous bear-runs, which occurred in 2015 and 2018. I am preparing for sub-10K prices and this is the level when I will start accumulating in a major way.

Why not? I assume that now bitcoin will move in a certain zone for quite a long time, perhaps it will be from 19k to 22k. And the movement will be considerably long to exhaust everyone and get people used to the new price, and after that there will be a further drop down. It is difficult to say where the price can fall and it is not clear whether it will be possible to buy at the very bottom, but we will still see lower prices, I think this may happen at the end of summer.

Same opinion, bitcoin will move sideways 19k$-22k$ for a long time and then may continue to correct down causing the weak hands to get bored and have to sell all their bitcoins.

We can't predict where the bottom will be for bitcoin, so at this point we should DCA gradually. It's my opinion that bitcoin will reach $15k during this bear cycle.
1832  Economy / Trading Discussion / Re: Do not panic. Everything will get better on: June 23, 2022, 03:08:03 PM
Things would be better if everyone See's their situation as an uncomfortable place to be, and work hard to get things better. Someone can't just sit back and keep saying things would be better without putting efforts. High hopes without efforts is just a big disappointment at the end, which might lead to a very wrong choice and decision all together. Most people keeping make this particular mistake because they don't have an idea about what it is all about.
Specially dealing up with crypto where everything is really volatile which does simply shows on how emotional we are on situations like this but as a human then these kind of reactions could really be that normal or common that's why don't really make yourself get surprised on whatever you do really encounter.Assess first the situation and act accordingly into your own skills and knowledge for you to handle out the situation and able to bare yourself with the risk and movement in the market.Its not simple but it's not really impossible.
In this case there is nothing we can do either other than wait or add the reserve funds that we have because it is very good. Indeed, from an emotional point of view, we will all be a little shaken but panic is not the right reason when the situation is like this.
But if we look at it now it looks pretty good we bounced from $17k to $21k even though it's starting to get back to $20k now.

We don't have any other option than holding and accumulating given the current situation. Those who are holding until today are sure that the asset has dropped so much that it makes no sense to sell at this point. we should keep holding and wait patiently as bitcoin will definitely rise. The important thing at this time is that we should be calm, should not look at the catalog too much, it will easily generate emotions. To relax, I get myself some jobs that keep me busy and hardly have time to think about the market too much. I know for sure the market will bounce back but thinking about it now distracts me.
1833  Economy / Economics / Re: Is it possible that all cryptocurrency will become regulated? on: June 23, 2022, 02:54:59 PM
I think it's possible. But is there a need for this? We all understand that the money from taxes can be directed to the development of the country. But won't it cause the opposite reaction? Cryptocurrency legalization may provoke an increase in cryptocurrency crimes and hacker attacks on wallets. Of course it can happen now, but with an increase in interest in cryptocurrency, new processes in the criminal environment will begin to work. But that's just my guess.

The legalization of crypto will certainly increase interest and crypto will quickly become more popular. But this does not mean that there will be an increase in crime in the crypto industry, once legalized and regulated by regulations, scammers and hackers will be more closely monitored by the government.

Currently, many countries do not consider bitcoin to be legal, so criminals who have taken advantage of that loophole can blatantly create scam projects to profit without harm.
1834  Economy / Economics / Re: How can I survive in a place where BTC is restricted? on: June 23, 2022, 02:38:04 PM
Until now my country is still banned cryptocurrencies, many sites related to cryptocurrencies such as coinbase, binance, huobi and so on cannot be accessed via the website, but I have been active in cryptocurrencies since 2015, many things we can do even though we get restricted.

They can't ban it outright, as long as your device has an internet connection then you can use bitcoins through various services, VPN is possibly one of the solutions that I see people using the most.

The only restriction that I see in countries that ban bitcoin is that it cannot be converted to fiat, we cannot directly trade on centralized exchanges for bank transfers, we can use P2P to exchange but we should be really careful otherwise it will be very easy to detect.
1835  Economy / Economics / Re: Where to invest everything looking bearish on: June 22, 2022, 02:01:32 PM
It is very risky to buy coins during this period. It's unclear what will happen. For now it's best to wait. I think, keep your investments steady; don't sell. Wait for the uptrend to buy. It will be more correct to buy when the value of bitcoin and other coins starts to increase.


At this point, identifying an uptrend is just as difficult as selecting which coins to invest in. We all know the market is unpredictable. In case you aren't sure which coins to invest in right now for fear they will end up like Luna, my recommendation is to focus on bitcoin. It will definitely be a coin that will never make you lose as long as you persist in holding it until the next bull season.
1836  Bitcoin / Bitcoin Discussion / Re: Does Bitcoin have real value? on: June 22, 2022, 01:50:21 PM


CBDC is a worse form of fiat currency because it will bring more convenience for governments, increase their intensive works to print more fiat. With CBDC, they can mint it and this process is easier than printing.
With the emergence of CBDC the government will become more and more powerful in controlling us, from the CBDC they can control all the supply and track all of us. With fiat, it can be a bit more difficult to manage or control the finances of each individual but with CBDC, they have full control of our finances, what we buy, how much we hold, and where we send money...For those looking for privacy, CBDC will be much worse than fiat.
1837  Bitcoin / Bitcoin Discussion / Re: The Paper Money Revolution on: June 22, 2022, 01:37:25 PM
Paper money is the most powerful weapon the government possesses and if paper money disappears, perhaps CBDC will appear. It is an illusion to think that bitcoin and cryptocurrencies would completely replace paper money. Cryptocurrencies are growing rapidly and their popularity is unstoppable. In the future, they will be used as a parallel payment system in addition to fiat, we should aim for this future instead of trying every way to make bitcoin an alternative to fiat; this is not beneficial for bitcoin or cryptocurrencies.
1838  Economy / Gambling discussion / Re: Premier League Prediction Thread 2021/2022 on: June 21, 2022, 07:22:00 AM
Frenkie De Jong is one of the Barcelona players who has the biggest values. It makes sense if Barcelona sets his prices expensive. Moreover, Man United coach has a big intention to sign him, Barcelona is confident to ask for a big price. In this situation, Man United must make a big offer to get a deal with Barcelona. I am sure if Man United offers quite big money, Barcelona will agree to release him. Barcelona actually needs a lot of money because they still target some players to sign. Both teams will take advantage of Frenkie's transfer.
Frankie De Jong is the only one player for Barcelona have highest values right now and could help what financial crisis faced by team if try selling him to Manchester United, but nowadays between Barcelona and Manchester United still not reach agreement each other about transfer values, Barcelona try to offer and sell Frankie de Jong 80 million euro and Manchester United not agree and think most expensive transfer values. Try with pay 60 million euro to get Frankie de Jong from Barcelona and right now both team still negotiating because Erik Tan Hag as Manchester United manager really need service from Frankie de Jong.
After all, in the end this transaction will happen and maybe it will be according to Barcelona's wishes at a price of 80 million euros, because for me Manchester United will still agree because they need each other. Because in this case Barcelona really wanted to get that value and I read an article if I'm not mistaken Manchester United had raised the price to 75 million euros with a bonus, but Barcelona still refused because Barcelona wanted to be round at 80 million euros.

Frankie De Jong is a very talented and promising player. And my guess is he can play very well with Manchester United if he has the support of other players in the squad. Barcelona will not sell Frankie De Jong for less than 80 million euros. Barcelona needs money. On the other hand, Manchester United needs more talented players. My guess is that Manchester United will be interested in signing De Jong for 80 million in the end.
1839  Economy / Economics / Re: You win or you learn. on: June 20, 2022, 01:55:20 PM


1. Money management is very important. It is better to have some plan than no plan.
Having a plan and managing capital is key to success in any financial market. If you do not have a plan and do not manage your capital, then you will forever lose.

2. Opportunity will come again and again so do not FOMO.

 
As long as the market exists, the opportunity will always exist, so there is no need to rush for fear of missing out  invest blindly. Another opportunity will always present itself if we do not give up and wait patiently.
1840  Economy / Speculation / Re: Was 17600$ was the bottom ? on: June 20, 2022, 01:44:12 PM
Nobody really knows…btc may go to $10k if the fed keeps raising the interest rates. But on the other hand, the markets may have priced in the rate hikes already. If that’s the case then yes, $17600 should be the bottom. We will see what’s going to happen soon Smiley You should have a plan for every market condition.

Since inflation does not seem to be slowing down, the Fed will continue to raise interest rates until the end of 2022. As interest rates rise, bitcoin and other risk assets will drop.

As of today, bitcoin is up and above $20k, but we cannot determine whether $17.6k is the final bottom of this bear cycle. The only thing we can do is prepare for the worst that can happen, even if it has never happened before.
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