What exactly is the future of the EU if we take into account that large members like Italy and Spain are in a very unenviable position, and some better members are increasingly refusing to give money to what we could call bottomless holes? EU member states in recent times resembled riddles wrapped in enigmas via their somewhat contradictory nature. Spain was praised for cutting edge drug decriminalization policies which received a million times more media exposure in contrast to spain's 50% youth unemployment rate. Sweden was praised for pro herd immunity COVID policies which received a million times more media exposure than sweden having the highest percentage population with microchips embedded beneath the skin to conduct financial transactions. Universal healthcare is praised the world over with little mentioned of european politicians habitually blaming underfunding for an apparent systemic inability to cut costs. EU member states could be defined by glowing media praise eclipsing darker and perhaps more sinister eventualities. The american economic structure could be described as a ticking debt time bomb. Liabilities associated with programs like social security will inevitably grow at a faster pace than tax revenues. Unless massive and fundamental restructuring changes are made. The economy of the EU could be the same. It is difficult to know. To see past the media's glowing and exuberant praise of the situation. |
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I don’t even have to say it but it’s been a horrible year for the US economy, but as we finally bid this year a goodbye it seems that the US economy is finally starting to rebound in the right direction. Some cite the recent uptick of US stocks as evidence a recovery is imminent. (Without looking at economic projections which some have already mentioned.) We might logically deduce whether recovery is likely by attempting to rationalize market trends in 2020. I'll give you an example. #1 What is normal market behavior for Vitalik Buterin or another major crypto holder selling off a portion of their holdings. Naturally we would expect a decline. #2 This same trend holds true to US stocks and investments. Its typical for a stock to decline after a CEO or other major shareholder dumps a portion of their holdings. #3 If 1 and 2 are accurate then amazon's stock rising after Jeff Bezos dumped $3 billion of AMZN stock in november would appear to be an anomaly. But that market trend might also be explained by the following. ... In attempting to deduce 2020 market trends it could be fair to say US stock uptick is correlated with recovery. Or it might be accurate to say US stock upticks are correlated with federal reserve injecting liquidity into stocks via banks. Who could say which prospect is accurate. |
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I watched all of classic James Bond movies when Sean Connery passed away. R.I.P.
It seems the world was in a better and healthier place when these movies were made. They have a good energy, authenticity and cleverness to them.
My favorite gambling scene was Goldfinger. The scene where the villain has a woman with binoculars reading his opponent's cards for a hustle. That was much more clever and original a scene than most of what I see in films today.
2nd favorite gambling scene: On Her Majesty's Secret Service. James Bond covers a woman's gambling debts. She has sex with him as repayment(?). She returns the money he loaned her. Then later James Bond returns the money her father pays him to marry her. There's a cool symmetry to it.
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#1 Michael Saylor proposed Elon Musk denominate tesla stock in bitcoin.
#2 Elon Musk felt offended by those remarks.
#3 "Bitcoin is almost as bs as fiat money" is offended and emotional Elon Musk speaking.
#4 Elon Musk could return to his original stance on crypto later if he no longer feels offended.
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Arbs are most certainly frowned upon I'm confused by people saying arb is frowned upon by books. The biggest opportunity for arb in sports gambling looks like this. December 25 2020
Minnesota Vikings +276
New Orleans Saints -333Sometimes a sportsbook offers reversed odds that look like this. December 25 2020
Minnesota Vikings -333
New Orleans Saints +276Betting an identical amount on Vikings +276 and Saints +276 would be a guaranteed profit ARB play. Its usually a typo or error which is why books do not honor it. But an opportunity for it still exists in cases where an independent book doesn't agree with house odds and offers plus money on the normal betting favorite. |
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I've always thought competition offered by bitcoin is good for the US dollar. It forces financial wizards at central banks and state positions to up their game. Bitcoin can only force them to build a better dollar, which benefits everyone.  |
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So where are all the normie Economists, Bankers, who said it was over in 2018? Silence "Chirp Chirp" Crickets. Finance(2018): "Bitcoin will peak above $20k at its next halving in 2020. How do we profit the most from this." Banks(2018): "We'll convince everyone bitcoin is overvalued to fool them into selling at rock bottom prices. It will give us a lower entry to market and boost our gains." Economists(2018): "Banks and finance called. They want us to predict doom and gloom for bitcoin. Call our people in the media and let them know its time to go to work." CNN(2018): "Bitcoin is dead. Sell now so finance and banks can buy at lower prices to boost the profits they'll reap when bitcoin crests $20k after its next halving in 2020." Normies(2018): "CNN, Jamie Dimon and economists said bitcoin is dead. Sell, sell, sell." ... Knowing how the finance food chain works helps put things into perspective.  |
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Arbitrage opportunities in sports gambling are usually typos or errors which books will not honor. If you can find an independent bookie offering flipped odds who isn't afraid to bet against the house. It is a guaranteed way to profit. ARB can also be attempted through accumulators and parlays. It would be structured similar to a hedge like this ARB attempt between Henry Cejudo and Demetrious Johnson.  (The bottom 38x parlay was a winner off Henry Cejudo being awarded the win, if Demetrious Johnson beat Cejudo the 8x parlay on top would have hit -- attempt @ ARB) I thought Jordan Griffin, TJ Dillashaw, Sheymon Moraes, Ricky Simon and Pedro Munhoz were all locks who should have been bigger betting favorites. The main event I thought would be a 50/50 toss up. With big value on Henry Cejudo. Combining both sides of a toss up with locks is the closest I've come to achieving ARB in gambling. |
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What Happened: Steve Wozniak’s blockchain venture Efforce listed its cryptocurrency token on the HBTC exchange on Dec. 3. It reached “$950M in the first 13 minutes, 10 times the listing price,” according to a company press release. The company says investors had given it a valuation of $80 million valuation in private sales. Why It Matters: Wozniak first mentioned Efforce in July 2019 at the Delta Summit in Malta, according to news publication The Malta Independent. The company’s goal is to use blockchain to “improve the way we use energy and lower energy consumption without changing our habits,” Wozniak said at the summit. Efforce plans to become a marketplace to help fund energy efficiency projects using blockchain. The projects will be able to get funded, getting crowd contributions from investors using Efforce's token WOZX. The company is registered in Malta because the Apple co-founder said he had long wanted to invest in the region. "It has been on my mind for decades. Like no other place in the world," he said. https://www.benzinga.com/markets/cryptocurrency/20/12/18665855/steve-wozniaks-blockchain-venture-lists-cryptocurrency-token-reaches-950m-in-13-minutes .... Steve Wozniak founded a crypto coin to address climate change. Details yet to be announced. From press releases it sounds like a crowd funding campaign crossed with an altcoin. Offhand I don't remember anyone trying this before. For those who don't know who Wozniak is. He cofounded apple with Steve Jobs. Wozniak wrote the original apple PC operating system. Then designed and built the hardware. Steve Jobs was the sales, organizer and PR guy. A crypto coin reaching near to $1 billion in market cap on day 1 could be a record. I don't know if this received much publicity. I think it could have potential. |
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The supply of gold is finite. Wanted to take a second to say gold can be produced from mercury via nuclear reactor. The supply of gold can be inflated. ATM it is not cost effective to do so. Perhaps this could change in the future. Chrysopoeia, the artificial production of gold, is the symbolic goal of alchemy. Such transmutation is possible in particle accelerators or nuclear reactors, although the production cost is currently many times the market price of gold. Gold synthesis in a nuclear reactorGold was synthesized from mercury by neutron bombardment in 1941, but the isotopes of gold produced were all radioactive.[12] In 1924, a Japanese physicist, Hantaro Nagaoka, accomplished the same feat.[13] Gold can currently be manufactured in a nuclear reactor by the irradiation of either platinum or mercury. Only the mercury isotope 196Hg, which occurs with a frequency of 0.15% in natural mercury, can be converted to gold by slow neutron capture, and following electron capture, decay into gold's only stable isotope, 197Au. When other mercury isotopes are irradiated with slow neutrons, they also undergo neutron capture, but either convert into each other or beta decay into the thallium isotopes 203Tl and 205Tl. Using fast neutrons, the mercury isotope 198Hg, which composes 9.97% of natural mercury, can be converted by splitting off a neutron and becoming 197Hg, which then decays into stable gold. This reaction, however, possesses a smaller activation cross-section and is feasible only with unmoderated reactors. It is also possible to eject several neutrons with very high energy into the other mercury isotopes in order to form 197Hg. However such high-energy neutrons can be produced only by particle accelerators.[clarification needed]. In 1980, Glenn Seaborg transmuted several thousand atoms of bismuth into gold at the Lawrence Berkeley Laboratory. His experimental technique was able to remove protons and neutrons from the bismuth atoms. Seaborg's technique was far too expensive to enable the routine manufacture of gold but his work is the closest yet to emulating the mythical Philosopher's Stone.[14][15] https://en.wikipedia.org/wiki/Synthesis_of_precious_metals#Gold .... |
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 ... Steve Wozniak is famous for making some of the sharper comments in the gold vs bitcoin debate: Wozniak Thinks Bitcoin Is Better Than GoldOCTOBER 23, 2017 He said, gold does not necessarily have a fixed supply either, because humans will continue to find more efficient ways to dig it out of the earth. “Gold gets mined and mined and mined,” Wozniak said. “Maybe there’s a finite amount of gold in the world, but Bitcoin is even more mathematical and regulated and nobody can change mathematics.” https://bitcoinmagazine.com/articles/money2020-wozniak-thinks-bitcoin-better-gold .... That's a great interview in the link btw. Highly recommend. Wozniak's comments about the evolution of ground penetrating radar coupled with more efficient methods being devised to mine gold. Contrasting with bitcoin's mining being statically regulated by algorithm. That has always stuck with me as one of the smartest things said in the gold vs bitcoin debate. After years of debate BTCitcoin is pulling ahead of gold on short term charts. Can we announce bitcoin the winner. Or would it be premature. |
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so all countries specially the federal reserve should start printing the money... then they been talking about helicopter money well the usa can take their military copters fill up with money and let it snow the money donw. europe and other countries can do the same lets give to everybody minimum of 10,000$ lets just print money and give to people everybody will be rich becouse they say fiat based system are destined to be doomed anyways so lets crash it all lets print that paper and give to the people a lot cash lets do it also the chrsitmas are coming everybody will buy the gifts Also lets make the ATM without card so even without work you go to stand besides ATM and you get cash... if you are short of cash you need money you call 911 and they will bring you the cash they will just ask how much you need.   nice plan ? Germany tried this post world war I.  Hyperinflation in the Weimar Republichttps://en.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_Republic The zimbabwe dollar -- also a big fan of high volume fiat printing.  The end result of hyperinflation is needing a wheelbarrow full of fiat to buy a loaf of bread. Then perhaps thieves steal the wheelbarrow and leave the pile of cash as its practically worthless. Venezuela and the bolivar are also big fans of printing cash. |
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I used to bet NBA over/under totals. My approach was to watch games and note which teams had a high scoring average as a result of them playing at a fast pace. And which teams had a high scoring average as a result of shooting accuracy. Teams that played at a fast pace were my go to option for playing the over. In theory their fast pace would not only give themselves more opportunities to score. The opposing team would also have more opportunities. A team with a high shooting accuracy wouldn't do much to help the other team hit the over, while a fast pace would. A fast pace may also be a more consistent variable in contrast to accuracy. Due to it being easier to maintain. Teams that played at a slow pace were my go to for playing the under. As their slow pace would not only diminish the number of scoring opportunities they had. But also run the clock down, denying the opposing team of opportunities to score. Anyways don't know if this info could be helpful. But I tried. |
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Oddsmakers have locker room, behind the scenes, information sources. They know when players, athletes, teams are having drama. Not getting along. Fighting with their girlfriend/spouse. Having issues that will affect their performance.
Access to better information allows oddsmakers to reverse odds sometimes. They'll open the favorite as a betting underdog. And the dog as a favorite. If those are the odds the public and casual gamblers expect to see. Simply as its a common sense practice that would make owning and operating a sportsbook more profitable, and there would be more money to be made.
Examining some sports like mixed martial arts, a high percentage of underdogs regularly win fights they were expected to lose. Sometimes its an honest surprise to everyone. Other times books have access to information the public does not. Which allows them to flip odds and fool the public into betting on the higher probability losing option as if it were a healthy favorite.
Should you rely on odds? No. They do reflect accurate probability sometimes. But there are enough monkey wrenches deliberately thrown into the pricing for it to not be a worthwhile indicator worth chasing.
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Sweden could have the largest population of microchipped consumers in the world. Which could make them uniquely suited as a testbed for emerging digital currencies. A central bank or government issuing digital currencies carries a potential to minimize advantages offered by crypto & blockchain. Banks and governments trend towards focusing on short term value. Which negates the emphasis on building long term value, stability and HODL which bitcoin has become known for. The best development banks and governments could hope for is an independent currency to compete against currencies they issue. In order to produce market competition and an impetus towards stability, value and innovation which over the long term would benefit everyone. |
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In past press releases it was hinted they would attempt to contain inflation associated with money supply expansion by targeting specific sectors where liquidity would be injected(bolded below). The ballooning money supply may be the key to unlocking inflation in the U.S.“ Rates were very low and central bank balance sheets (and money creation) had surged. But the liquidity then sat in the banking system—including as excess reserves at the Fed,” he wrote in an email. “Money creation must translate into increased lending and spending in order for it to be inflationary.” The idea that money creation won’t necessarily generate inflation is centered on yet another economics concept known as the velocity of money. The velocity of money is, very simply, the rate at which money is exchanged in an economy. High money velocity is usually associated with a healthy economy with businesses and consumers spending money and adding to a country’s gross domestic product. But the velocity of money can slow during recessions as corporations and families elect to save more of each dollar they earn. Demographic changes, such as an older population, also tend to curb the velocity of money. According to Sheets, the Fed can go to extreme lengths to flush the economy with cash and bolster the M2 supply. But if businesses and customers aren’t inclined to spend the added dollars, the cash will almost invariably wind up sitting idle, not contributing to GDP or inflation. That may be a partial explanation as to why the U.S. hasn’t seen headline inflation numbers increase despite the rise in M2 supply in recent months. The Labor Department’s latest report on core consumer prices showed the index down for a third consecutive month in June for the first time since 1957. The core personal consumption expenditures price index, the Fed’s preferred inflation gauge, increase 0.9% on a year-over-year basis in June, the smallest advance since December 2010. “Inflation has been held down by some deep structural factors, including aging demographics and high debt levels — which have restrained aggregate demand and pressures on prices,” Sheets wrote in an email. “Workers have struggled to get higher wages, and firms — competing against the so-called ‘Amazon price’ — have had little capacity to raise their prices.” https://www.cnbc.com/2020/08/05/the-ballooning-money-supply-may-be-the-key-to-unlocking-inflation-in-the-us.html Whether or not these theories and branch abstracts of MMT (modern monetary theory) pan out over the long run is anyone's guess. But in the short term at least money supply expansion may be somewhat contained within the banking system to prevent it from spilling over into consumer markets. There could also be other negatives and positives to this approach not being mentioned. As well as other explanations behind statistics OP claimed. |
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"How many corona strains is the vaccine effective against."
"How many strains of corona are there."
The media omits relevent information necessary to know how effective or useless a vaccine would be at the present time.
At worst a vaccine might be effective against only one strain of the virus. Which could make it as ineffective in treating the pandemic as the flu shot. A person might be inoculated against one strain of the virus, only to be infected by a different strain.
In addition to this, it has been said corona virus vaccines are only effective for 6 months. Which would mean people need to be inoculated twice annually.
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In previous years, bitcoin was an emerging and new technology. An unknown quantity. Trading it was not unlike sailing in uncharted waters. This market uncertainty led to high volatility and exaggerated price moves as investors treated many events as worst scenarios. Due to there being no prior historical precedent upon which to accurately quantify what price corrections were appropriate for x, y, z scenarios. It should naturally follow volatility will shrink as time passes and bitcoin becomes a more quantified and known asset. With a better defined history.
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Question: Is this a valid business model that works for any industry, like Construction for example?
Extra questions: Is this not how a decent amount of companies already operate? If so is it possible to have a business with a business model like this in place and not even have a need for a physical location? What PROS & CONS do you see in a Business Model like this IF valid? I worked in construction & have experience to answer this. Some run a construction business with no physical location. Others lease a warehouse to store materials, displays, equipment, etcetera. Its cheaper and better to have no physical location and store materials and equipment on the job site. Businesses that have a physical location would typically have a 2nd role where they would serve as a retailer or distributor for various brand name items and need to store wares on hand. There's also a small advantage where your business would be listed in a phone book and appear more professional due to having physical premises. AFAIK the construction industry has a high labor turnover rate. Its physically demanding work most would prefer not to do. It may not be a job someone could reasonably do until their 50 to 70 years old. But the pay is good. I think amazon illustrates the advantages of minimizing physical "brick and mortar" locations. That could be a better example to cite. |
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The bank can’t survive with 0% interest rate? Growing wealth and wage inequality raises the default rate of loans. Rising student and home loan defaults diminish profitability. Many banks adopt high risk coupled with high reward (or high failure) business models. Greater risk is correlated with greater failure as illustrate by the 2008 economic crisis where high risk subprime mortgage derivatives became world famous. Derivatives exposure for banks has been discussed ad infinitum for many years. Losses in derivatives / investment markets, another area where banks sometimes have trouble.  On the topic of central banks, many are privately owned and produce profits. The financial crisis as moneymakerAug. 31, 2009 Dan Gross pointed it out Friday, and the NYT joins in today: The government’s Troubled Asset Relief Program is starting to look like a moneymaker—or at least no longer like a giant hole into which money is poured. Meanwhile, the FT reports that the Federal Reserve has made a $14 billion profit on its various crisis-fighting loan programs. This is great! Let’s a have a financial crisis every year! https://business.time.com/2009/08/31/the-financial-crisis-as-moneymaker/ |
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