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1901  Economy / Economics / Re: Can Twitter Stock Experience the same Rise? on: July 22, 2023, 05:20:55 AM
It's easy to gain new users for this Threads app, since Meta owns Facebook, Instagram and Whatsapp.
It's pretty clear at this point that Threads was built to be Twitter's competitor and maybe it will attract all the advertisers, who left Twitter.
I hear news about Zuckerberg hiring people, who were fired at Twitter by Elon Musk(and Musk isn't happy at all).
Meta stocks are getting a short term price pump, because the investors have positive expectations about Threads.
The idea of Elon Musk building a Twitter clone app is the stupidest thing I've ever heard. The only right move for Musk would be to leave/sell Twitter.


This is true, Threads is obviously the main competitor of Twitter right now. Additionally, with all the recent changes that Musk added to Twitter, users are getting more and more reasons to leave the platform. At this point, the already dying Twitter will soon be below Threads once celebrities and influencers transition to Threads.
1902  Economy / Economics / Re: New currency from BRICS countries on: July 22, 2023, 03:52:03 AM
Couple of hours ago there is in news on Twitter saying BRICS countries (Brazil, Russia, India, China, South Africa) are developing a new currency. It was mentioned by State Duma Deputy Chairmen btw.

As I can see all these things to manipulate BTC right? What are your thoughts about this?

BRICS wants to develop their own currency because they really think that it is time for them to be free from the dominance of the US dollar, in my opinion it has nothing to do with BTC or to manipulate the crypto market, because their main goal is to destroy the dominance of the USD. You can read about it in this article https://cointelegraph.com/news/russia-talks-up-prospects-of-brics-countries-developing-new-currency

I agree. This is more on the political side now. And it's heavily being discussed for a long period now. I think OP thought that a new currency will affect BTC somehow but it's just way out of the system as it is more of a political matter.
1903  Economy / Gambling discussion / Re: Will You Stop Gambling Even If You're Doing Great If This Happens To You on: July 21, 2023, 11:59:52 PM
This is one of those scenarios that aren't really going to happen in real life. But I'll bite. If that's the only thing that I will gain the trust of my family, then I'll do it. Even if I'm doing good on my gambling stint, I'd still leave it no matter what and just stay with my family. Money can always be earned no matter route, be it gambling, job, or whatever. But, your family's trust is precious and even if you do not earn any money, they'll still be there for you.

Easy choice - at least for me.
1904  Economy / Gambling discussion / Re: 🕹️ Esports 🎮 Prediction & Discussion Thread on: July 21, 2023, 11:41:52 PM
Their chase on the bottom without a black hole is hilarious. What the fracas is with the OG draft? seriously?
Their draft heavily relied on snowballing in the early game, that's why they had to make some moves, but it backfired. Drafts with TA haven't been that great and might be a good indicator to bet against as she's one of the most picked heroes but only has a 29% win rate.

On the bright side, they bounced back in the second game with the same draft (Slark, Windranger, and Enigma) they used against Entity yesterday.

TA on this patch is no longer like TA on the previous one. It relies heavily on farming and getting as much space in the map as possible to flash farm in either a Desolator or a Dagger, not unlike before that she can join fights even with a treads and a Dragon Lance so long as they have the means to disable or to catch the opponents. I think it's a good change though, because the dynamics of the game changes and the meta shifts, so those who can really keep up with the wonkiness of the patch will be the ones who will come out at top. OG isn't as good as they are before, because their aggressiveness is oftentimes rewarded with a lot of negative swings on the net worth in favor of the enemy.
Nothing beats out to those OG's of OG team before which i do talk about Notail,Ana,Jerax,Ceb,Topson but with the current roster then i could say that it would really be never the same. In speaking about patches and
changes then its not really that a solid reason for it to be blamed out because it is really that equal or applied to everybody and there's no exemption to that, even with the slightest stat change or skills CD would definitely
make out some impact. If TA win rate isnt good for this season then why would really be trying out to pick it out but with the current map then its a huge space for farming but with the recent stat change or skills change
then its not shocking to have those degrade performance.

Stats are one thing, meta change is another. TA is performing poorly in stats recently because the meta isn't really suited to her playstyle. OG and other teams who keep pushing in using this hero is punished hard because the flash farm - invade strategy doesn't work in this big of a map. I agree that it really is OG's fault for continuing to use an obvious lackluster hero in this patch because not only is the hero's stats decreased, she also sucks in getting objectives aside from 5-man tower pushing, which definitely is useless in the early game as they're wasting resources on a huge part of the map.
1905  Economy / Gambling discussion / Re: $1,080 Billion powerball lotto winner in the USA on: July 21, 2023, 11:25:19 PM
I just saw a news on youtube that someone won the $1,080 Billion jackpot prize on the Powerball lotto in the US. In the video I watched, someone claims that she was the winner, but as of now, there is still no official announcement from the lottery organization. also, the store where the winning ticket was bought will receive a $1 Million bonus from the organization.

anyway, it still really surprises me that if the winner decides to take the prize in one lump sum, they will only get half of the total price because of the taxes that will be taken out.

here's the video I saw https://www.youtube.com/watch?v=LINxj6C-00c


I can't really understand the mindset of most lottery winners. If they opted out for installments in 20 or whatever years time it is, they would still get a huge sum every year. If you are not really looking to splurge in the money, you are basically set for life - even for the next generation of your family. The taxes is also really eating out a lot of that prize, too, so the safest and most sensible option really is to get it in installments, and just spend whatever it is that you need to stretch what you receive in a year. I'm pretty sure that the winner will buy cars, expensive items, and houses - emphasis on the houses because most lottery winners think that their money will never run out.
1906  Economy / Gambling discussion / Re: 🕹️ Esports 🎮 Prediction & Discussion Thread on: July 21, 2023, 10:36:52 PM
Their chase on the bottom without a black hole is hilarious. What the fracas is with the OG draft? seriously?
Their draft heavily relied on snowballing in the early game, that's why they had to make some moves, but it backfired. Drafts with TA haven't been that great and might be a good indicator to bet against as she's one of the most picked heroes but only has a 29% win rate.

On the bright side, they bounced back in the second game with the same draft (Slark, Windranger, and Enigma) they used against Entity yesterday.

TA on this patch is no longer like TA on the previous one. It relies heavily on farming and getting as much space in the map as possible to flash farm in either a Desolator or a Dagger, not unlike before that she can join fights even with a treads and a Dragon Lance so long as they have the means to disable or to catch the opponents. I think it's a good change though, because the dynamics of the game changes and the meta shifts, so those who can really keep up with the wonkiness of the patch will be the ones who will come out at top. OG isn't as good as they are before, because their aggressiveness is oftentimes rewarded with a lot of negative swings on the net worth in favor of the enemy.
1907  Other / Off-topic / Re: Do you gamble because you don't have sufficient money? on: July 21, 2023, 08:46:14 PM
I don't think that's the whole reason as to why people gamble. I have enough money, and I know that my needs and wants are met and I will still have something to spare or splurge. It's legitimate that some people do it to entertain themselves or just to kill time. If you only view people who gamble as those without money, you're limiting your point of view and not realize that there are some who has more to give and can literally spend money without having to worry about what to eat or where to live until their next pay day.
1908  Local / Pilipinas / Re: Paraan para umunlad ang Buhay pinansyal on: July 21, 2023, 04:33:35 PM
Pasa saken skills development talaga yung importante kasi lagi ka dapat updated sa mga demand skills sa market ngayon. Kung yung skills naten kayang makipag sabayan sa mga demands na 'to makakatulong ito para umunlad ang ating buhay pinansyal. Pero ang skills development hindi yan natatapos, tuloy tuloy lamang iyan.
1909  Economy / Economics / Re: What is the difference between banks and big whales in crypto? on: July 21, 2023, 04:06:21 PM
Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?
Whales aren't financial institutions but they're like just us that are individual players on this market. While the banks are financial institutions and they've got a lot of source aside from the deposits that they get from their customers for which will be used for loaning.

As the whales, we don't really know what they do in real life. They could also be the banks, another financial institution but we'll never know who they really are.

From what we've known, they're just the typical big investors that do manipulate and influence the market and what they do isn't different from what we do of buying low and selling high.

There's difference as we don't know exactly the identity of the whales. We are just speculating on who they are.
Also, as mentioned, they seem to be moving on their own as individual players. So we can't determine where they are heading next.
Which means, they don't have concrete path to go to, their movement is more fluid as it depends on the market scenario.
Whereas, banking institutions have their own target before they get into this market as the decision is not only handle by one person but a group of individuals.
Hence, the time of getting decision is not the same with whales. They can't decide on their own as they have others to think about.

Knowing the identity of who we are trusting our money in is really vital. Hence, why banks makes sure to develop a great relationship from their clients to collect feedbacks that strengthens their image to develop a more prestigious title and reputation against their competitors.
1910  Economy / Economics / Re: Agriculture can save your country from recession on: July 21, 2023, 03:34:28 PM
In near past many countries stopped investing into agriculture businesses. But I think they started to realize how bad it can turn out to be. When your economy gets bad agriculture will save your people from hunger. It will give nice boost to your overall local markets too. Individual agriculture businesses help people to not waste money on absurdly experience fruit/vegetable prices too. And when you produce something yourself it will definitely taste better.

Pretty dumb move.... Food, especially in today's world, where regular droughts, floods, climate change, etc. events have a negative impact on crop yields, and primarily agricultural products for the population. Everyone knows it, everyone understands it, and accordingly, the refusal of agribusiness is the way to total dependence on external suppliers. And this means either high prices or manipulation of consumers.

Many countries without fertile land, or having them in limited amounts, make maximum efforts to develop the agricultural sector.

Right? However, the funny thing is that some primarily agricultural countries are lacking the proper management and help from their governments to ensure that they are well taken care of. The budget for the agriculture sector from these countries are relatively lower compared to other sectors that I think are far less important. It's ironic how these countries which should be the ones to export agricultural products are now demanding for imports from other countries today.
1911  Economy / Economics / Re: New currency from BRICS countries on: July 21, 2023, 02:55:07 PM
I've thought BRICS would use BTC as their main currency especially to avoid sanctions and whatnot. But now I see that won't be the case with their plans to make a currency of their own backed by Gold.
As much as I like bitcoin but it is not yet ready for mass adoption, the price of it is too unreliable for such a large long term commitment like what BRICS countries are making. Imagine if you buy a million barrels of oil (what oil tankers usually carry) worth $80 million in bitcoin and the price drops by 10% which is a normal thing in bitcoin. That is $8 million loss. That's not favorable.
However a centralized currency created and controlled by them is a lot more reliable because they dictate its value (exchange rate) so it can be kept fixed.

At this point bitcoin is good for small size trades and as a small portion of the reserved assets of the country.

Yes, the risk will be too much. Bitcoin goes up and down, and it would be too much of a loss if countries starts adapting it as a formal currency. Hence, it is truly more favorable and proper to have a new currency compared to adapting bitcoin currency. Additionally, after all, the new development of currency is more of a way for BRICS to ultimately remove themselves from US colonialism.
1912  Economy / Economics / Re: What are some financial secrets that you know of? on: July 21, 2023, 02:18:40 PM
Hey everyone. What are some of your wealth secrets that you could share with us?

Buying homes with cash and taking loans out on it?

Setting up trust funds in foreign countries and setting offshore corporations to avoid capital gains and taxation? (Sorry tax avoidance for any LEO reading this)

What are your secrets?

I wouldn't call it a secret since I'm sure a lot of people already knows it and are applying it to their lives and financial decisions, but investing is really a good way to ensure you have something you can rely on when things go south. For example, investing in lands can ensure you that you have a property and can use it in case of emergency.
1913  Economy / Economics / Re: What is the difference between banks and big whales in crypto? on: July 21, 2023, 12:58:01 PM
If you look at it that way it may seem like there is a none existing difference between the two, but you have to remember that a bank is a large corporate run by shareholders. Also, it holds a system far wider than a big whale crypto does. Moreover, banks don't just solely depends on money savings and lending, they also have control over other things from their clients.
1914  Economy / Economics / Re: How is financial stability defined for you? on: July 21, 2023, 12:18:33 PM
The thing to understand is that "humans are insatiable" thus no matter how much money you have, you'd always naturally want some more, it's a normal human phenomenon, but that doesn't have any thing to do with financial stability. Being financially stable for me is being able to afford all your needs without having to forfeit any of them to get the other, for example you want to buy a shirt of $200, and also a shoe of $300, being able to purchase the two items without it affecting your funds for feeding or other things, then you can be said to be financially stable, it doesn't necessarily mean wealth or extravagance, it just means being able to get what you need, when you want to.

We will never be fully satisfied with what we have, we'll always wish to have more no matter how other people see that what we have is enough to support our lifestyle for the rest of our lives. Hence, I agree with you. As long as I am able to satisfy my needs to live without having to trade them if I do get tempted to buy some wants and luxuries in life, then I can say I am in a way financially stable. However, with the world changing everyday and its demands skyrocketing in lightning speed I don't think we should be comfortable with just settling for what we currently have cause soon enough we'll need more.
1915  Economy / Economics / Re: Population: Economic strength or weakness on: July 21, 2023, 11:04:34 AM
China and India are most populous countries in the world and are one of big global powers. Clearly they both have utilised there population as there strength rather then a weakness. Also there are countries like Switzerland,  who have very small population still they are very much developed. So population alone is not a criteria for success or failure. You need to have a road map about how to proceed in right direction.

This is what I was saying! It's how you will utilize what you have for it to be a strength. Granted that it wouldn't be easy for overpopulated countries to answer to the demands of its people, it can still be solved by finding a way for the people to boost the country by manpower and that will honestly do most of the work for the country's economy.
1916  Economy / Economics / Re: What is political Economy. on: July 21, 2023, 09:57:20 AM
As discipline and methodology in the social sciences,it studies,the relations of production in their complex interaction with the productive forces and the superstructure , Production is a process that take place between man and nature in the course of which man transforms natural substances into a product necessary for human life(llyin and motyley , 1986).
However ,the productive forces are labour , power, objects of labour and means of labour processes. The superstructure denotes those elements such as ; the state ,belief, ideology , and education .
Theories only produce other theories. So if you have money then you have power over the economy, politics, and social status in the eyes of society. You don't need to get too far into this kind of thing, because if you return to the facts of life in the environment all political and social elements collide with each other. So everything starts from the basics, how can you control finances, how can you manage the system in the family and if you are a person working in a certain agency can you maneuver to stay afloat from competitors' political or economic games?

I agree that every institution affects each other. The same way politics affect economics, economics affects politics. However, it should be noted that politics doesn't just revolve government, it is a system that can be found anywhere and hence most (if not all) will say that everything is political if analyzed appropriately.
1917  Economy / Economics / Re: What are some financial secrets that you know of? on: July 21, 2023, 08:34:01 AM
Hey everyone. What are some of your wealth secrets that you could share with us?

Buying homes with cash and taking loans out on it?

Setting up trust funds in foreign countries and setting offshore corporations to avoid capital gains and taxation? (Sorry tax avoidance for any LEO reading this)

What are your secrets?

For me, it's buying a few luxury products but also knowing that it will be profitable after a few years. It may seem like I'm wasting time money on buying luxury goods here and there to look good and jump on the trend, but if you look at that side of the market you'll see just how much high end products can cost even if they are sold secondhand. If lucky, I get a few collector's items too.
1918  Economy / Gambling discussion / Re: do anyone have done this? with gambling platforms on: July 20, 2023, 11:46:58 PM

anyone deposited very less amount and luckily won a big jackpot like a 100x or 500x or 1000x of base bet and withdrawn without kyc or without facing any problem from the platform?

if yes, how much was that amount? and what was the exchange?

i seen many people complaining about they don't give big wins easily or just don't give by making unanswerable queries like very hard KYC, freezing accounts, etc. this problem is very common with trusted casino's also/

do anyone withdrawn successfully the winning amount and if yes what was the process, it was seamless or you need to pass a hard kyc?
The thing is that you can only pull off stunts like this every once in a while and only on casinos that are reputable. Some of these casinos out there (I wouldn't drop names) would freeze your account after discovering that you beat them, while some will pull of insane KYC requirements just to stall out and make the prospect of ever getting your win seem impossible. This is still pretty much possible, you just have to know how to play your cards well first and foremost. While I myself have not done this, Reputable sites like Stake.com will more than willingly give you your wins after passing their very easy KYC verification test. So yeah, just choose the right casino to pull this stunt off and you should be good to go my friend.

KYC verification really is needed, specially from reputable sites. However, I agree that some casinos out there will easily freeze an account that beats their system as they see this as a lost in their part. Knowing which casino to use and playing your cards right will have to be the safest bet here.
1919  Economy / Gambling discussion / Re: Quit gamble! Easy or Hard? Let's talk. on: July 20, 2023, 11:11:50 PM
When you are a gambling addict, your type and personality, your family and friends have been affected by gambling addiction, it is quite difficult to get rid of it.
It will be a long process before you can overcome it for sure, and the support of your own families and close friends is what you need to overcome that vice. Because you need to rehab yourself when that's the case, but if you're not at the level of being an addict, it's easy to get out of there for sure.

Exactly. It all comes down to the question of just how deep you are in gambling already. Much like anything we get addicted to, we will have relapse and quitting will be harder as compared to those who are only doing gambling in an adequate amount.
1920  Economy / Gambling discussion / Re: What kind of rewards/bonuses do you prefer? on: July 20, 2023, 10:29:42 PM
The type of rewards/bonuses doesn’t matter at all because gamblers is looking on the requirements rather than the reward itself. A 1$ bonus in any form without any wagering requirements is better than a 100 bucks with high wagering requirements that is very hard to claim. Gamblers usually not interested on the bonus once the saw the requirements while some that got excited usually regret they action after seeing the requirements.

Make the requirements friendly even with low amount reward. I’m sure many will be interested to participate on your promotion.

I agree. The attraction for getting bonuses wouldn't be effective if the requirements to get that will be too hard. Gamblers will just turn away and not mind that reward no matter how big or good of a reward it is. It just wouldn't be enough compared to the effort needed in order to claim those rewards.
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