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1941  Economy / Economics / Re: Former President Introduces Reason Behind Crypto Crackdown on: October 25, 2021, 10:44:59 PM
Referring to the most recent actions coming from the Chinese government toward traditional cryptocurrencies and mining, Zhou said that it is the "survival of the fittest" since the decentralized blockchain-based digital currency is not the most convenient payment method for traditional economies.
Most likely, the former president of the Central Bank of China referred to problems that modern cryptocurrencies have with the scaling that includes fees, network congestion and the speed of transactions.
Even if someone from CCP says something right, just ignore them, ignore them at all times. They are bunch of horrible people who have done horrible things, even the ones who didn't do anything horrible still must be involved in those horrible things and fine with it because nobody who is against it would be actually going up in that world.

China just banned crypto because they were afraid people would get more freedom, and they "may" do their own digital money because they want to follow where the money is flowing, so that they could check who is getting richer and come down on them and get their money. That is the real answer, do not read whatever BS that guys said.
1942  Economy / Speculation / Re: Why Does BTC growing faster?? on: October 25, 2021, 10:20:44 PM
People will ask these kind of stuff all the time, there is no correct answer, nobody can give a proper answer because it is obvious that there is no correct answer to give for every person to accept. It is a different answer from each different person and that is why people are not really entirely sure why they are preferring bitcoin over others, I mean my answer could be different than yours as well.

It also makes sense that people may still ask this question after being in the crypto world for a long time as well. Who actually can guarantee you that bitcoin will stay like this as well? I mean maybe we are going to end up with something that is a lot riskier, who knows?
1943  Economy / Speculation / Re: How much would you like to see Bitcoin priced in 2022? on: October 25, 2021, 08:26:16 PM
Do you think Bitcoin will touch the 1 million milestone in 2022? I think Bitcoin will cross 80 thousand dollars in 2022. What do you think?
You are asking us about one million dollars levels but you are speculating about only eighty thousand dollars, why this much gap? If you go by 4 year cycle of bitcoin markets then you may need to wait for another halving and its consequence triggered bull rally. It means you might need to wait till 2025 before thinking about one million dollars levels for bitcoins.

$80k must be possible in next 5 to 10 days; I mean we will get into new ATH by end of this month or by beginning of November month and this way I wish to see bitcoin in 2022 above $100k levels and not anything below that levels.
80k is definitely something that is possible during this period. We have reached to a level where we hit 67k and that is basically just what 10% or 20% higher to reach 80k? That is not something that would be hard for crypto, we have reached that much higher prices all the time and we could do that again. Going 50%+ higher in crypto is not really something that is something that is hard and people could do something like that very easily.

I believe that we are not going to have any type of problem reaching 80k at all, and will definitely happen during 2021 unless something unexpected happens. However if we are talking about 1 million dollars, just 1 year is not enough for that, even 500k is not looking that possible right now. Hopefully we can see that on next cycle but I believe that it is not going to happen anytime during this period, not in the next one year or even probably two years.
1944  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: October 25, 2021, 04:31:25 PM
Who tells you Real Madrid will have to pay more, yet he's contract is ending this coming summer. I mean, once Mbappe refuses to extend the contract, of which he has so far rejected a couple of times, them it's game over for PSG.

He will be a free agent by next summer transfer window and from how things look so far, he's focused on going to Real Madrid.
It is not about transfer fee, if Barceloan offers 50 million euro per year, and Real offers 40, then Mbappe could go to Madrid and say "Barcelona is offering me 10 million more, so you have to offer me 10 million more or I will not sign with you" and that is how Barcelona is helping Mbappe to get more money from Madrid to make Madrid a little bit poorer as well. Since there is a salary cap in La Liga as well, that means Madrid would have to cover most of their salary cap with just one player, just like Barcelona did with messi for so many years.

All in all it is clear to me that Barcelona is not trying to get Mbappe, they do not have the funds for it, they need to rebuild, but they are definitely trying to help Mbappe get a lot and ruin Madrid along the way.
1945  Economy / Trading Discussion / Re: Are you making money with BOTS or Copy Trading? on: October 25, 2021, 09:33:28 AM
Isn't copytrade only available in forex trading? Because I've done it before and it's in forex, maybe you will be able to get profit if you follow an expert (and I read lots of success) but unfortunately copytrade not suitable for. me
As these days, forex brokers are allowing us to trade cryptocurrencies, you can copy-trade cryptocurrencies in the platforms like etoro. I am not into any of forex platform anymore but I remember the subscription fee and profit rates are not good enough even for big capital.

Bots do not guarantee that you will always get a profit, but unfortunately I often see on social media traders who use bots always say that because they use bots they become consistently profitable, how is that possible while bots are only tools to make our trading activities more automated, no guarantee of profit.
Do not get deceived by any internet strangers and when it comes about social media, infulencers will try to convince you regardless of their social status hence any form from internet cannot be a reliable source to believe on. If your close friend or colleague talk about trading bots positively then you may start considering that particular trading bots for your trading.
1946  Economy / Trading Discussion / Re: Weekend Trading, how do you feel about it? on: October 25, 2021, 08:34:52 AM
What do you think about Saturday and Sunday trading Huh

Considering it with week days which do you see as profitable or they are just the same thing to you.

I like for us to share how we feel about these two trading times, if you make more profit more or loss more on any of week days or weekend trading.
Honestly I am not into active trading in cryptocurrencies still I have observed high volatility by weekend; this is especially in bullish trend. In bearish trend by 2018, I could not recall any significant fluctuations by weekend but in 2017 bull run, all Sundays were too exciting for drastic rising (I remember there were many topics on weekend rise in our speculation sub).

Crypto markets are available to trade all 7 days a week and all 24 hours a day (like forex markets) but stocks and all other regulated markets are available only on limited hours and definitely not on weekends. This might be a reason, for an active trader to get engage on cryptocurrenies even on weekend as they might need to feed their trading urge.

If weekend trading are consistent profitable on bullish trend then it will turn more profitable as everyone will schedule a trade on weekend to get easy profits (like it will be a superstition and will spread among all traders).
1947  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: October 24, 2021, 10:51:08 PM
Provably fair is literally "provably" fair. It is not "that is what we assume it is", it is literally "you can check it whenever you want and see that you are not getting scammed". People who still think that a casino is scamming them in this day and age when we have literal provable data that shows that casinos can't scam you, sounds really like a person who has no idea what is going on.

No the casino didn't scam you, you just hit an unlucky streak and lost your money, it happens, it happened to all of us, you will get used to. Instead of accepting the reality of the situation, trying to create an imaginary situation where you get scammed otherwise you would never lose that much, will only hurt you longer, doesn't really impact the casino or other gamblers.
1948  Economy / Speculation / Re: Some of my insights on the market on: October 24, 2021, 10:23:16 PM
I am not sure what you are talking about, do you really think you are entitled to get profit all the time. You make the decision on what you want to do with the coins you hold and so is the case with everyone else, if anyone wants to hold the coin for a longer term it is their choice, It is a free market so deal with it  Tongue. I booked my profit but i am still holding my position waiting for the final rally which i expect to happen in the coming months. .
Unfortunately some people look at the market in an emotional stance. This causes people to end up not being happy with what they are doing and how they are profiting. They see other people profiting and they assume that it is something against them personally. Markets all around the world, stock market, forex (fiat rates), gold, oil and yes crypto included all ignores what you feel. What you feel changes absolutely nothing at all, market has zero emotions. If they believe there is a dollar to be made, they will take that, they will not even leave one dollar unearned if they could.

It means that there is nothing in the world that will end up with a good profit while also considering what others might be doing. I personally wouldn't care, if there is money to be made somewhere then I would make it, without caring about what it would mean to other people. This is a market, not a business, business "may" care about people, but market won't.
1949  Economy / Gambling discussion / Re: F1 Formula Sports Racing - Sportsbet.io promotions & discussion thread on: October 24, 2021, 09:46:32 PM
Let's see what will happen but I believe that Max got the pole position and he will not leave it easily. Unless something happens during the start and he has a bad start, then he could drop, however if nothing like that happens then Max will have an easy race if you ask me. It is clear to me that Max is pissed off, and when he is pissed off he is aggressive and when is aggressive he races without any fear at all.

All of these combined makes him a dangerous driver, I believe that he will definitely be on the look out for any risky moves and will take them. Hamilton is not one that shy away from a fight, but when Max is fighting hard it is really hard to not let him be, hence it will be very difficult race for Hamilton. He had so many crashes with Hamilton that resulted with no points for Max, but whenever he races full race, he is always up there, rarely ever not doing something awesome. Dude even started at 20th and finished at 2nd at sochi, that should tell you how much he likes to drive to win.
1950  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: October 23, 2021, 10:10:59 PM
I seriously doubt that Barcelona really wants him, sure they might be in the mix in order to keep Madrid pay more, right now Barcelona got rid of griezmann and messi contracts so they could technically afford to pay Mbappe a lot, but not to get him, they can "offer" a fake deal, which Mbappe and Barcelona both would know that it will not be a real deal, but at least Mbappe will be able to tell Madrid that Barcelona is offering a lot.

In that method Madrid will be forced, if Madrid ends up offering less, then Mbappe could stay with PSG if nothing else works, and Madrid would basically make a world star guy who wants to join very unhappy by not offering more than anyone else. So, it is a tactic by Barcelona to get Madrid spend more than they have to.
1951  Economy / Gambling discussion / Re: 2022 NBA Season on: October 23, 2021, 08:06:53 PM
I have to say the fight doesn't mean anything all by itself, but the team doesn't look like they are playing well together, the chemistry is not there on the court. It is not about liking each other or not, I mean sure liking each other would mean a lot but there are tons of teams who have teammates who like each other and are great teammates yet still fail. Look at Portland, I am sure players there like each other, mainly cj and dame, but they are not winning anything for sure.

It means liking doesn't mean chemistry for sure, it helps but is not limited. I believe Vogel has a big job here, he needs to find a way to make this team play a lot more like 2014 Spurs, yes that is a big goal but without that fluid offense that sees players pass around a lot, this team will not be doing great. It will probably get there, they just need some more games.
1952  Economy / Economics / Re: Will circular economy work ? on: October 22, 2021, 02:11:54 PM
In regards to paying people to pick up trash, I think you could do that in a way that does not encourage them to throw away trash in order to recieve more payments. I won't be surprised if those you pay to pick trash, secretly trash a clean place in order to get more payments. Maybe they should be rewarded more (not necessarily with money) if they are able to maintain the cleanliness or prevent people from littering the streets at all.

If everywhere remains clean and there is no job for them, they could litter the place themselves to continue to recieve rewards.
I'm not sure who deliberately and massively trash a place that was paid for to be cleaned. Sometimes I suspect it's those you paid to clean it up because one of them always comes by to ask that he gets the place cleaned up again. Or it could just be neighbors who are too stingy to pay for trash pickers, or just sadists

They should basically be paid sufficiently if they deserve to paid or if everything is done right.
Nowhere will be perfectly clean at all times, there are trash building constantly in the world at all times. Think of bottles that are used every day, we all drink stuff, not like if you clean all the garbage and all the bottles and cans then suddenly there is no more trash, we will keep on drinking stuff and there will be more bottles to clean, and that is literally just cans and bottles.

Think of all the plastic as well, do you think if you clean every single plastic trash right now, there won't be any new ones tomorrow? This is why there is no reason to trash places and get paid for it, plus the payment doesn't really worth trashing the places, it is only good if it is used and then trashed and then recovered. So all in all you could pay people to pick fast food trash, canned goods trash, bottles, can of soda and so forth all those type of stuff will be more and more everyday, so they could pick up that trash everyday and they will never have zero trash left.
1953  Economy / Gambling discussion / Re: Premier League Prediction Thread 2021/2022 on: October 21, 2021, 10:04:17 PM
Zidane to United seems like one of the best cases that could happen for United. I think 3 champions league in a row has never happened before Zidane, Real Madrid was a good team before Zidane and A LOT better when he was playing himself, and yet they never got 3 in a row, yet Zidane managed to do it.

I believe he will come back to managing one day, it is obvious that he didn't just retire, he just wanted to take some time off after such a great 3 seasons, and I believe that United would be amazing for him. He doesn't have a history there like he did with Madrid or maybe even if he goes to Juventus ever, but I still think it would be insanely good idea for him to manage United. There were talks about Newcastle getting Zidane, if he ever went to United now, he could be successful there for 3-4 years, and then he could switch to Newcastle that will be already a good team by that time and he could takeover and be awesome.
1954  Economy / Economics / Re: Will circular economy work ? on: October 21, 2021, 03:31:39 PM
When people see these kinds of things, they believe that it has to be done right now and it has to be done 100% and that should be the end of it. What people do not realize is that we could provide a lot more profit to people who recycle and repair and refurbish etc etc, and as people we could see stuff that are not brand new as still okay, then we will be doing fine.

We do not have to change it all, we could simply just do something like a bit more laws that support it, just paying more to people who recycle, paying more to people who pick up trash and put them in right places, all in all just promote this kind of behavior while also allowing brand new stuff as well, keep the world as it is on this part. Basically what I am trying to say is that, this could be an "option" and not forced and it would still be a lot better, it's proven that it would help the world for sure.
1955  Economy / Trading Discussion / Re: At what Bitcoin price do you think altseason will start? on: October 19, 2021, 09:50:16 PM
I would say we are not even above ATH right now, so there is no need to talk about a potential of alt season just yet. Last time we had a huge alt season was when we broke over 40k-50k+ prices, and that means we moved from 10k to 40k+ before we had any significant alt season. Sure the prices of altcoins increased because bitcoins dollar value increased as well, ETH moved from 150 dollars to 1500 dollars without the altseason, but with it the price went to 4k+ prices as well while bitcoin moved only slightly.

This is why I believe that bitcoin needs to be going way higher, like at least 80k+ before we could see another alt season, probably even more like 100k. Many people are speculating about reaching 100k by the times of Christmas hence we could expect altcoins to be following bitcoin's bull run by that period of times.
1956  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: October 19, 2021, 08:47:02 PM
Risk is there especially if the hype ended, and no one is buying Rollbot well its good that they are being introduced by the great gambling site so technically, there's still a buyer and seller but hopefully a lesser supply to maintain its value. Let's see in the next 3 days if there's a huge demand for Rollbot, I'm trying my best to at least own one, we'll see.
I guess that it will have a good amount of hype around it as long as rollbit keeps being a good casino. It is tied to the casino and if you are making a good profit with rollbit and their nft then there will be some hype as well. Consider it closer to axie infinity where it is tied to a game, you are making a profit with axie and then why shouldn't you be making a good profit from it if you are already doing something good? I mean if there is a profit to be made, would you get out? That is why people are interested in axie and they will be interested in rollbit for a long time as well.

There is a possibility of making a profit with the rollbit here and then makes all the changes and that means that people who have rollbot will make a profit and will keep on the hype alive. Surely there could be changes and I could be wrong, but so far that has been the situation.
1957  Economy / Economics / Re: Simple reason why crypto is preferred over fiats on: October 19, 2021, 08:09:36 PM
I guess the biggest reason for me is the banks. I am not actually against fiat neither, I am fine with fiat, the "idea" of fiat is not a bad one and I am fine with it. The problem for me is banks and I do not like banks. Which causes me to withdraw all my money from them all the time. With crypto I was able to actually end up with putting all my money digitally but not in a bank, that option was the greatest thing. I can't wait for the day when I could use crypto everywhere and I would not need bank.

There are some "cards" that we could use right now that would make it possible but unfortunately I do not use them just yet because they are not working in my nation. However the moment it works in everywhere around my nation then I will be forever non-fiat and will be full time crypto and that way I will be able to pay everything and get rid of fiat in my life.
1958  Economy / Economics / Re: Taiwan invasion - how would it affect bitcoin on: October 19, 2021, 06:19:21 PM
As I said on the original post, creating that capability takes years. We are not talking processors or GPUs or AI chips. It is about the basic semiconductor "cookie".
You are saying it takes years and maybe even a decade, and you are saying that it costs a ton of money to do something like that. However I wonder, is there money to be made from it? Because it doesn't matter how expensive something is, it depends on the return. If I have spend as much as 100 billion dollars for something like a factory and resources, I would still do it if I am making over 10 billion dollars a year, because that is 10% return every year. You are saying it is a very expensive thing but it could be done everywhere around the world if there was money to be made from it.

I am sure it is not a very bad business where they make a loss all the time, I am sure they are making a profit, but maybe it is not making too much profit? If it is making enough profit then we should be seeing more and more factories since it is money to be made.
1959  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: October 18, 2021, 09:50:23 PM
I don't follow the news and I am just surprised when see Watford have a new coach, Ranieri. but his debut has not shown good performance after big lost 0-5 versus Liverpool. Seem he missing for each Watford line.

but there are many reports that say that the management still wants to be with him.

Man, Ole is a Prodigy boy, Nobody can fire him. he is a media darling. He is the best coach United has, he has a good strategy, his formation always makes a winning, he is the best coach after sir Alex Ferguson which only has a 1 difference, Sir Alex a lot of title for MU, while Ole nothing.
First games are not that important considering you are not going to be getting anything ready by that time, he is brand new right now. However the interesting part is that Watford was not doing THAT bad right now and somehow they ended up changing the manager for some reason. I mean look at Leeds right now, this is what 3rd season with Bielsa right now?

Teams are learning how to play against a Leeds team and they are getting ready for Bielsa tactics and they are getting a lot more used to this type of situation and that is why I believe that it is obvious that Leeds is doing worse since teams are more ready against them instead of getting shocked by the way they play. Watford was doing great considering they were in a league below last season and they still changed the manager, I would have expected something like that if they were at the bottom of the league but they are not, so it was a bit weird.
1960  Economy / Economics / Re: Elon musk now the richest man in earth on: October 18, 2021, 09:15:16 PM
~
My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man Grin Roll Eyes So what do you think?
Well, I think they will be exchanging places in the top 10 Richest People in the World. I mean all of them, those who specialize in modern technologies, Elon Musk, Bill Gates, Mark Zuckerberg, Larry Ellison, Larry Page and Sergey Brin, anyone of them can take first place at one point. Or, they can be replaced by guys like them, technological innovators, but hardly by old-timers like Warren Buffett and Bernard Arnault. And I don't mean their age. I mean their state of mind.
I do understand that the top 10 do change place all the time but I have to say that Elon and Jeff reached to a different level. Yes there is a good chance that other rich people could eventually pass them as well one day but I do not think that they are going to do that anytime soon.

Jeff Bezos owns amazon which is growing constantly and there is a chance that they could be the richest company in the world and pass apple whereas apple doesn't have that much owners which is the problem with that. I understand that Elon musk is not really big company owner because Tesla is a huge company but not in the running for being the richest company in the world but he owns a bigger portion of it. So I believe those two will be changing hands and the others will not be able to pass them just yet.
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