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1921  Economy / Economics / Re: Why don't banks work with cryptocurrency? on: July 26, 2021, 11:58:09 PM
Primary reason for this is the government regulation towards cryptocurrencies. Banks are fully aware of sanctions being thrown to institutions practicing unregulated form or medium of exchange. Unless they see concrete laws and guideline on how government would handle cryptocurrencies, Banks would not touch this.
I would say on the contrary, that the main reason for banks not working with cryptocurrencies is that the state does not regulate cryptocurrencies yet;) The banking sector is critical for the functioning of the economy in any state, so the state, represented by regulators, treats any innovations in this area with great caution and suspicion. Also, banking activities are strictly regulated by the state, and as you correctly noted, there is currently no sufficient regulatory framework in this area. Therefore, banks are not in a hurry to take initiatives in this area, because excessive initiative can be punishable here.
1922  Economy / Gambling discussion / Re: F1 Formula Sports Racing - Sportsbet.io promotions & discussion thread on: July 26, 2021, 11:46:03 PM
Yeah with the feedback from several others on this matter with Hamilton vs Verstappen.
All that can really be concluded is:
There are clean drivers and dirty drivers.
You have to decipher which one is which in this scenario.
The world clean might go a bit too far here for Verstappen as well although given the statistic that was provided here before, it obviously looks like Verstappen is a clean driver as per your definition. Competing fiercely is fine, but risking someone else's life when you clearly lost a fight in a curve on the track isn't just dirty, it's absolutely irresponsible and fucked up.
I would not award Verstappen the title of a dirty driver, but I think that even the most notorious fans of the driver from the Netherlands will not deny that Max is not one of the breed of drivers who will give up the track to an opponent even in a losing position. For the time being, this served Verstappen as a plus and an advantage, but until there was a rival ready to do the same. In any case, no one wants, neither the representatives of Mercedes nor Red Bull, that such a situation occurs in the races and the struggle of the pilots among themselves ends in this way. But the tension has increased a lot this season and it had to happen eventually. And I absolutely agree with Toto Wolff that such accidents can happen again, because the level of cars is at a similar level and the stakes are very high.
1923  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2020/21 on: July 26, 2021, 11:33:22 PM
I'm sure about Real Madrid's finances because the financial stability of Real Madrid's management is still safe
I am not sure to talk about Madrid's financial stability, but if we consider how much Real Madrid already spent their money to sign new players this season, they should still have much money now. So far, there are no new big players besides Alaba. I guess this is because Real Madrid prioritizes their funds to sign another new big player. Since Real Madrid is interested in Mbappe and Mbappe already refused his extension contract in PSG, I believe he will go to Real Madrid.
Well, I assume Real Madrid knows the chance to sign Mbappe is quite high now, so they hold to not sign another big player till now.
I am not sure that the transfer of Mbappe will happen in the next transfer window, because Paris Saint-Germain, unlike for example Barcelona, has no problems with either finances or financial fair play and therefore can afford to play a risky game and not sell Mbappe now, hoping to convince the player to stay in the team and extend the contract later. I am also not sure that Real Madrid will force the situation with the purchase of a player, because although Real Madrid's financial situation is easier than that of its rivals in Barcelona, it is still not the easiest. Moreover, recently new information on Mbappe's transfer has not been received from either Real Madrid or Paris Saint-Germain.
1924  Economy / Gambling discussion / Re: Olympics 2020/2021 : Discussion & Predictions on: July 26, 2021, 11:22:13 PM
Oh, yee you right! It was 8-0, i don't know why I thought about 11-0, but the difference is really small. The average level of teams is growing all over the world, this is so, this is especially evident on the national teams of small European countries - due to the fact that the players grow up in a European environment, they very quickly raise their level and even teams like Iceland begin to become strong rivals.
Asian countries are notoriously poor performers in football. And that is the reason why India and China almost never qualify for the world cup, despite having a combined population of 2.8 billion. In case of Saudi Arabia and the other Arab nations, they have a few "mercenary" players who have been naturalized as Saudi citizens and this has helped them in their journey during the qualification matches. FIFA want to increase the representation from Asia and Africa and has incraesed the slots for these regions in the world cup. But that is not going to help unless the quality improves.
China and India have never been involved in the development of football, but China has started to do so by investing a lot of money in buying players for about 10 years and I think in another 10 years they will have a strong generation of players. Thus, China will be added to the already strong South Korea and Japan. As for Africa, there are already many strong teams due to the fact that many players from this continent play in European football.
It is even surprising that with such a large population, neither India nor China are yet achieving noticeable results in the international arena. As far as I know, China used to invest a lot of money in the national championship and inviting expensive foreign players, but now it has started to reduce spending in favor of local players. A lot depends on the status and attitude to the game in the country itself, because everyone knows the cult status of football in Brazil or Spain, when the victories or defeats of national teams are akin to national holidays or national mourning, and football stars have the status of national heroes. Quotas for contingents for major world tournaments, such as the Olympic Games, are a rather delicate topic, because deliberately allowing obviously weak national teams to enter the tournament instead of strong national teams is fraught with a drop in the sports level.
1925  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: July 26, 2021, 11:12:53 PM
To me, i see the Haaland situation as Dortmund refusing to sell up 2 core squad members in the same summer; it is not about the money involved, or the release clause in Haaland contract. It is about keeping the Dortmund squad competitive ahead of a new season.
On the other hand, the Player himself has shown no signs of wanting to leave, and ofcourse not to London. Dortmund would earn huge bucks from Haaland departure; either this summer or next summer
It is true that Haaland doesn't appear on rush to quit Dortmund as Mbappe on PSG but that doesn't mean that he wants to stay there until 2024 imo.
Dortmund is known to farm good players, I mean they pick future top players, make them stars then sell them and so on. They want to compete in European leagues, they want to have the Bundesliga title but they aren't spending a lot to do it.
It seems that Mbappe is also in no hurry to leave Paris Saint-Germain in this transfer window and is happy to finalize the contract Grin Another question is that, unlike the situation with Haaland, after the end of his contract, Mbappe will become a free agent and, to the great pleasure of Real Madrid, you will not have to pay anything for the transfer Wink Borussia Dortmund need to think a lot before turning down lucrative offers for Haaland, because anything can happen and no one is immune from injuries or a drop in the level of play that is characteristic of many young players after a couple of successful seasons in the championship at an adult level.
1926  Economy / Gambling discussion / Re: Football Transfers Speculation, Odds and Predictions on: July 26, 2021, 11:04:39 PM
An Italian press report revealed, today, Monday, a new development regarding the future of Argentine Paulo Dybala,
His contract with Juventus expires in the summer of 2022, and the Argentine striker has not yet agreed to renew.
According to Sky Sport Italia, Dybala's agent will arrive in Turin today, in preparation for the resumption of renewal negotiations with Juventus.
It's indicated that Dybala's agent will first be subjected to a quarantine in Turin for 10 days, before he meets with Juventus managers.
They explained that Dybala was suffering from irregular participation during the last season, but the contract with Italian coach Massimiliano Allegri could make the Argentine striker play an important role with Juve next season.
Yes, Juventus vice-president Nedved said that Allegri would like to see both Ronaldo and Dybala on the field at the same time. Also, before that, there seemed to be nuances about the financial requests of the Dybala, but I think given the fact that, for example, Ronaldo agreed to a reduction in his salary, then there should be no problems with the Dybala on this issue. By the way, if the information from the same Sky Sport Italia is correct and Juventus decided not to renew the contract with Ronaldo after the summer of 2022 because of his still large salary, then negotiations with Dybala because of this can be of great importance both for the future of the Juventus offensive line and for the future of the player himself.
1927  Economy / Economics / Re: Why do most cryptocurrencies rise and fall together? on: July 25, 2021, 11:59:22 PM
I have a simple explanation for this. Bitcoin has the dominance in the market. It's around 46% now. So this means that its price movements will affect the others' also. Whenever it falls, the market will fall also. Whenever it rises, it will be the same for the market too.
This is only a partial explanation, that number is much higher than what it may seem at first sight, after all what is stopping a person to create a coin with a supply of 100 million coins, sell one coin for 1 dollar and suddenly that coin is believed to have a 100 million dollar cap? This show us how deceptive that metric really is, the real market dominance of bitcoin is closer to 90% which means that most altcoins have no other option but to move together with bitcoin, and that is if the coin is any good, because if it is not then it will not grow when bitcoin grows but it will go down when bitcoin goes down and eventually it will reach a value of zero.
It just means that the rest of the cryptocurrencies in the absolute majority do not have their own independent meaning and influence and exist only as an appendage or some analogue of bitcoin Wink There is nothing terrible or shameful in this, because many investors will not delve into the wilds of technical documentation and terminology and will buy an asset that everyone knows about and about which everyone knows the most. And this asset has been bitcoin for quite a long time almost from the very beginning of the cryptocurrency era, and it is possible without false modesty that bitcoin created this cryptocurrency era. Bitcoin represents cryptocurrencies for investors, and therefore the trading of other altcoins is carried out with an eye on bitcoin. And if you also remember that on many exchanges, cryptocurrencies are traded and denominated in bitcoins, then this puts the final touch to the picture.
1928  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: July 25, 2021, 11:48:14 PM
To me, i see the Haaland situation as Dortmund refusing to sell up 2 core squad members in the same summer; it is not about the money involved, or the release clause in Haaland contract. It is about keeping the Dortmund squad competitive ahead of a new season.
On the other hand, the Player himself has shown no signs of wanting to leave, and ofcourse not to London. Dortmund would earn huge bucks from Haaland departure; either this summer or next summer
The fact that the player does not speak publicly about the possibility of his transfer does not mean anything. Haaland has an agent for this, who is probably working in this direction. The fact that the player, his father and agent remain silent on this issue indicates that the player and the club have a normal relationship and all working issues will be resolved without excessive outrage and exposure to the general public. It is quite difficult to talk about the competitiveness for the new season of a team like Borussia Dortmund, which is happy to sell half of the squad in the off-season and starts creating a new team every time. Because it is unclear with whom and for what the team will compete Grin
1929  Economy / Gambling discussion / Re: Motosport General discussion tread --- Formula1, MotoGP, WTCC, ETCC, DTM..... on: July 25, 2021, 11:38:11 PM
Bottas is a good driver but only that.He had the chance to race a few years for the best team in F1 which is clearly Mercedes these last couple of years and he proved nothing,the only thing he was good at was playing the game Lewis Hamilton wanted in other words to be his wing man.Russell did just one race with Mercedes and he drove in an impressive way so he must go to Mercedes next year in my opinion and he deserves it completely.
I am not sure that Bottas was taken into the team precisely for the sake of creating competition with Hamilton. Valteri is an excellent partner and does not create excessive nervousness or excessive competitiveness in the relationships in the team and in previous seasons, with his piloting, he helped Mercedes win the Constructors ' Cup. But recently, the level of his results has fallen and therefore there is a question about the possibility of changing the co-pilot of the team. Also, Mercedes would probably like to have a driver in its squad right now who could claim the title after Hamilton's career ends, and Russell is perfectly suited for this role.
1930  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2020/21 on: July 25, 2021, 11:25:31 PM
A pre season tournament has zero effects on how a clubside approaches a new season and to be honest; pre seasons are just to gain match fitness and fix match rustiness. To put into context, this is Rangers last pre season game while it was Real Madrids first ofcourse a team has to be fitter.
It does have some effects to some extent on the side of signing new players and renewing contracts. If Madrid lose like 2-3 matches in a row. There will be too much pressure on the club to buy a couple of good players. I have seen this kind of thing happen before.
Without preseason, the team would be comfortable as though everything was OK.
I think that even losses in several games in pre-season hardly have a strong impact on the selection policy of clubs, because there are a lot of nuances, especially if it concerns such a top club as Real Madrid. A lot depends on the level of sparring partners, when they start the championship or the preliminary rounds of European competitions, what loads the players are under. If the team wants to qualify for something serious, then the relevant structures of the club should calmly and effectively engage in selection work throughout the season, and not engage in a feverish search for players for key positions because of lost pre-season matches.
1931  Economy / Gambling discussion / Re: Premier League Prediction Thread 2021/2022 on: July 25, 2021, 11:14:00 PM
I don't think liverpool needs a New signing, they need new mental state, they were very luck to have been in the UEFA champions league spot, I think that's an encouragement for them, they still have some unused talented players who hasn't displayed, Thiago hasn't really replicated his skills at Baryern Munich in Liverpool, maybe a second season is the charm for him. That said I think the favorite team for me to win next seasons premier league is Chelsea, they have the hottest players in the league and the coach has manned the team up well.
Liverpool is actually a team that needs new signings going to the new season; they have lost Gini to PSG after he failed to sign a new contract; and they are very short and low on squad depth, which worsened their league form last season after few injuries and loss of form to key players.
For the next Premier league season, only Manchester city so far, has the depth and the squad to win the league title. Time will tell who the close contenders are
The depth of the squad will never interfere with any club and any coach will not refuse such an opportunity and I think even Josep Guardiola is not quite happy. It seems that this is why the epic continues with the transfer of Harry Kane from Tottenham to Manchester City. Moreover, it should be taken into account that the top clubs claim to win several tournaments at once and therefore rotation is vital. The leading clubs hold several matches a week and if the same players participate in all of them, it is also fraught with high injuries. However, these are the costs of modern professional sports. People want as many spectacles as possible and they get them.
1932  Economy / Gambling discussion / Re: Football Transfers Speculation, Odds and Predictions on: July 25, 2021, 11:04:27 PM
but in case of Mbappe I hardly think so. He is young and so wants a change.
That could be it. He is young, talented and considered as one of the prodigy as well as the future star but he play in one of the league with no real competition in it. PSG basically dominate ligue 1 although they didnt win last season which is kinda absurd considering that their whole squad worth atleast 5 times of what the other team has
He knows what the real problem is so he choose not to sign the renewal contract, if he sign another contract with PSG then there is probably no club that would be able to sign him considering that he is worth atleast 150 million euro right now according to transfermarkt.
Well things could change though, I doubt PSG would be letting him go as a free agent. Thats definitely not going to happen
In football, money decides a lot, and even more decides how this money is spent Wink The fact that the Paris Saint-Germain squad can cost five times more than other rivals in the French championship speaks only about the potential of the team, but this potential must be realized and it is not always possible to do it and this is good, which gives a chance to not so rich clubs. However, such dominance of one team over others has both pros and cons. On the one hand, this makes other teams reach for the leader's level. On the other hand, if it is not possible to reach this level, then this is fraught with a drop in the level of both the hegemon club itself and a decline in the level of the entire championship.
1933  Economy / Economics / Re: Poor and middle class as a mentality on: July 24, 2021, 11:58:51 PM
Someone who has intention and thinks about future investment then they are people who are born to be smart and rich in term of thinking. Many poor people have succeeded in changing their social status in the economic field simply because they want to invest and are interested in learning about technological development. A poor young man in the complex where I live managed to build a house, buy a luxury car only because he was interested in learning how to make money from YT. He has changed his life with his strong will and determination and this has become a clear example in my social circle.
Great example, thanks!
Another small nuance - NOW the time has come when an ORDINARY person can achieve a noticeable result. Into the world of technology, in order to earn money, change your social status, it is no longer necessary to be born into the family of a banker, industrialist or politician! Quite enough desires, skills or craving for learning, perseverance. This is the recipe for success today. True, this will not work for everyone, but let's remember - only the one who does nothing is not mistaken. After the first failure, you should not go into depression and stop trying to do something, change something in your life!
Yes, but it is worth considering one nuance that if you take in large numbers, then talented and lucky singles are rather an exception to the rules, which only confirms the rule itself Wink At all times, there are individuals who, thanks to their hard work and talent, make their way from the lower strata to the higher ones and earn wealth without being born into a rich family. But this does not mean that this happens to everyone and social inequality still remains. Yes, now there are more opportunities to climb thanks to social elevators, but do not forget that the process is mutual and if someone follows the social elevator up, then someone follows in the opposite direction, because there can't be too many champions.
1934  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2020/21 on: July 24, 2021, 11:44:25 PM
According to some rumours, Juventus have some plans for Antoine Griezmann. If Ronaldo leaves Juventus, they are thinking of taking Griezmann on loan with an option to buy him. I wonder what Barcelona are thinking about this. Griezmann had a really productive year. He scored 13 goals and made 8 assists in 36 La Liga games. He is 30 years old now. He's still one of the most important players for Barcelona. So, I think they wouldn't be too much willing to send him to another club nowadays.
I am afraid that Barcelona may not be satisfied with just renting a player, even if a transfer for sale may follow later. As far as I understand, Juventus, represented by its vice-president Nedved, has already announced that Ronaldo remains in the team, so it is for this reason that the transfer looks irrelevant. Also, do not forget that Juventus wants to start negotiations on an extension with Dybala and the player himself does not seem to mind. The president of Atletico at first did not seem to deny the possibility of Griezmann's return to the club, but then suddenly began to talk about the negative attitude of the fans to the return. The situation is very complicated and I would not be surprised if Griezmann still stays in Barcelona.
1935  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: July 24, 2021, 11:31:07 PM
If Chelsea don't sign Haaland, they will most likely go for Lewandowski or Lukaku. I'm curious whether Lewandowski would want to go to Chelsea this summer. But it seems to me that there is a really low probability for it to happen. Because I think that not only Bayern but also Lewandowski wouldn't like this kind of a deal now. Lewandowski is really happy there.
Both Halland and Lewandowski will stay in the bundesliga. Especially Lewandowski he is really happy in Bayern and has won everything he can and made some big records with them so i dont see a point of changing clubs. Halland can leave but i think we are already too close to the start of the season for him to leave
That's right, the fact that Lewandowski has already won everything possible in the Bundesliga can encourage the Polish player to change the situation and move to another championship. I don't think that Bayern will allow you to make a transfer to some other German club, but to a foreign club quite. But still, I continue to believe that the transfer of Haaland is much more likely in this summer transfer window than the potential departure of Lewandowski from Bayern. But if a butterfly can cause large-scale natural phenomena on the other side of our planet with its wing flap, then the departure or abandonment of a Norwegian player in Borussia can really affect the transfer market in the most incredible way. By the way, Lewandowski doesn't seem to have made any statements recently about how happy or unhappy he is in Bayern.
1936  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: July 24, 2021, 11:19:56 PM
It is said that Lukaku might leave and go to Chelsea this summer. But I don't think so. He played there before and wasn't good enough. He played at different clubs after it. But he never was as awesome as he is at Inter. He was like he was reborn there. As he is having his best performance at Inter, I hope that he doesn't leave. It wouldn't be a wise choice I suppose.
Inter placed £102.5m on Lukaku, which I think is high. Lukaku left England in 2019, and Chelsea now have see on him. He is an important player in inter, he scored 24 goals last season in Serie A, and 4 in Champion League. However, it will be great, if he get transfers to Chelsea. But, I don't think Chelsea will pay that amount. They also have see on other top players.
Firstly, Lukaku began to show his excellent results and rebirth with the direct participation of Conte, and as you know, Conte left the club. Secondly, taking into account the not the best financial condition of Inter recently, it is possible to treat this information with sufficient seriousness. On the other hand, Lukaku himself recently announced that he remains in the team, and just selling a player of this level can completely put an end to the club's tournament ambitions for this season. However, almost everything depends on the amount offered, because there are such sums that both Lukaku himself and the distressed Inter Milan will not be able to refuse  Wink
1937  Economy / Gambling discussion / Re: Football Transfers Speculation, Odds and Predictions on: July 24, 2021, 11:04:07 PM
is the saga of Ronaldo over and he will stay at Juventus?
The vice president has spoken.
source: https://twitter.com/FabrizioRomano/status/1418998166704345089
Since the statement came from the vice president of Juventus, we can trust the information. It was like Nedved officially said that there will be no chance for any offers to Ronaldo to leave in this transfer window. Probably Juventus has made an agreement with Ronaldo related to his career this season. As far as I know, Ronaldo is a typical professional player, so surely he will stay and comply with his agreement in Juventus. This is clear enough for me that there will be no saga transfer for Ronaldo this season.
The saga ended without really starting Grin The most interesting thing is that Nedved himself remains in the team, because there were persistent rumors that Nedved would leave along with Pirlo. But it turns out that everyone remains at his own and it turns out that the matter was limited only to the coaching staff. Of course, if such an official of the club makes such a statement, it means that the decision has already been made and the contracting parties have already reached a consensus on this issue. No wonder Ronaldo has already made a publication on social networks with an unambiguous photo and a caption under the photo. Now we are waiting for the end of the ongoing saga with Dibala Wink
1938  Economy / Gambling discussion / Re: Premier League Prediction Thread 2021/2022 on: July 24, 2021, 10:52:03 PM
Officially, Manchester United announces the renewal of coach Ole Gunnar Solskjaer's contract until 2024, with the possibility of another year extension.
This means that the management put the trust in Solskjaer very much, and gave him full time to show what he can do, and so far they have brought him very good deals, the last of which is Sancho .
This means that they considered him the man who will restore glories in the team .
All we said and the man has not received any title for three years. OGS is considered very lucky.
By simply extending the contract with Ole Gunnar Solskjaer, the club's management makes it clear that on the one hand they trust the coach, but also expect winning results, as well as long-awaited titles. If before that the fans and the club's management were touched that the team was claiming something on the approach to the titles, as well as making allowances for the youth and little experience of the young coach, now I think the demand from the coach and the pressure on him will be greater. The profession of a football coach is a very specific profession and any coach should be ready for immediate dismissal due to unsuccessful results, despite the words of support or the extension of the contract before that.
1939  Economy / Economics / Re: Will crypto lead to the next financial crisis? on: July 23, 2021, 11:59:17 PM
Looking at the past financial crises that happened, they all seem to have a few things in common, such as the mass adoption of a new financial product or technology (e.g. mortgage backed securities in 2008, dotcom boom in 2000). Given the extent to which institutions (and some influential figures) have been manipulating crypto recently, do you guys think this narrative is likely?
There is too little money in the cryptomarket and too little adoption mass for cryptocurrencies to trigger a financial crisis.
If you are talking about "crypto winter" then it happens regularly and this can be called a local financial crypto crisis, but not a global one.
But the money in cryptocurrencies is gradually becoming more and more Wink Although, of course, to argue that the collapse of cryptocurrencies will serve as a kind of trigger for another financial crisis is a very big assumption that has little chance of being realized in real life. Rather, we can say that cryptocurrencies, on the contrary, have some stabilizing effect on the market, sterilizing the excess money supply that spills out thanks to the policy of quantitative easing before this and the current inclusion of the printing press by governments to support the economy and overcome the negative consequences of the pandemic, but like medicines, these measures have side effects.
1940  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: July 23, 2021, 11:49:58 PM
Giroud is 34 years old and is not a young player by football standards. I do not understand why Milan is recruiting such age players to its team, this is a decision for a maximum of 1 or 2 seasons, and then again it will be necessary to look for young players who will form the main team and this period of teams will still need to go through.
Come on! Isn't it obvious? That guy is 34 years old but still has a certain level of talent and he was only 1 million euro if I am not wrong. Tell me who in the world could you get for one million dollars that will be better than giroud? Like I said he is not there to play every game, he is there to play whenever he feels like he can play, and some other person can't. Ibrahimovic is the same way, he can't play every game but whenever he can play he will be decent for sure.
These are old players but they are not bad players, they are still very talented and to think "why did they buy them" is simply not realizing Milan is not spending any money on these players, they are nearly free and that matters a lot, dude is basically free player that they can take advantage of in few games, even if only cup games that is still quite cheap to consider it a burden.
Young players are often unstable and there are often downturns in their game, and an experienced player may not show impressive progress, but will show a certain level of play that is expected of him. Moreover, no one interferes with alternating young and experienced players to achieve results. Especially if these experienced players do not cost the club excessive amounts. You can talk as much as you like about the prospects of the club with young players, but I don't think that the club management and fans are willing to wait for this bright idea without certain guarantees for the result. Moreover, the fans of Milan have already been waiting for titles from their favorite club for the past not so successful years.
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