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2361  Economy / Gambling discussion / Re: Football Transfers Speculation, Odds and Predictions on: April 02, 2021, 11:00:48 PM
Financial Fair Play is a joke and can be exploited like Manchester City did for years, as Barca and Real did for years.
Like Juventus probably did last year.
It can be easily exploited to get a player on loan for more than 1 year and pay a big check after few years.
If they can have Halaand on loan for 15m/year for 4 years for example and a 50m check in the fifth year they need only to put 15m in the balance as expense each year till covid will end.
As far as I know, UEFA wants to reform the fair play system because of pandemi, and therefore it will be even easier for super clubs to joke about this topic Wink In any case, the super clubs will have to cut costs and I think a big clean-up is expected in the summer. Although of course this does not apply to the transfer of Haaland, and the clubs will try to carry out the transfer in any case. I think Barcelona is an outsider about this transfer because of the club's sympathies for the player and his father, and the Catalans will have to offer more money on the contract for the successful outcome of the deal.
2362  Economy / Gambling discussion / Re: Manny Pacquiao offered $10 million to fight Terence Crawford on: April 02, 2021, 10:47:30 PM
Well, the same as here and I am checking this thread if there is a good announcement towards this fight but it seems there is no clarification of the official announcement of this fight. As a Manny Pacquiao solid fan, we always wanted to witness his fight whatever it is, an exhibition or a real fight will give us entertainment, and expecting that he always be a winner in every fight. But who knows if there is, I am still positive in feeling that Manny Pacquiao will have a fight this year.
It all depends on whether they can meet Pacquiao's financial needs, because it seems that before that there was a sum of about forty million for Pacquiao. By the way, Arum's statement can also mean a fight with another boxer, although of course he would gladly expect a confrontation between Pacquiao and Crawford in early June, because Pacquiao is not getting younger and I want to see a fight right now.
2363  Economy / Gambling discussion / Re: UEFA Champions League Discussion Thread on: April 02, 2021, 10:31:05 PM
It is bad news for Real Madrid who lost Ramos due to injury, Sergio Ramos is a very influential player at Real Madrid. But with Real Madrid's
experience, Real Madrid should be able to deal with Ramos injury problem and find a solution. So losing Ramos will not allow Liverpool to beat
Real Madrid, according to my prediction Real Madrid can beat Liverpool. Because Liverpool this year is very different from the last year's,
Liverpool's performance this year has declined considerably.
I would not jump to conclusions about the club's performance in the league, because Liverpool are much more confident in the Champions League than in the domestic championship. Real Madrid also does not look like a hegemon this season and it is still unknown who is the favorite in this pair, although of course the loss of Ramos is a significant factor, despite his not young age. Any reliable predictions can be made only after the first game.
2364  Economy / Economics / Re: After 1 year of Covid 19 Virus on: April 02, 2021, 10:10:50 PM
Probably the last thing we need today is a rebellion. In times like this people should listen to scientists and medical officials, not to some streetwise smarty-pants who claim to know better. COVID-19 will be defeated, but not with the help of a rebellion, that's for sure.
I agree with Betwrong.
Anti-vaxxers have tried to sabotage all the mass-vaccination programs taken out till now in recorded history. If they had their way, then diseases such as polio, small pox, diphtheria and mumps would be killing millions of people every year. Although the COVID-19 vaccines were rushed through, the efficacy was proven during Phase 3 trials. More than 600 million doses of the vaccine have been administered till now, without any significant negative reaction. At this point, the best thing to do is to trust the vaccine.
There will always be dissatisfied people and all sorts of conspiracies related to this. I understand perfectly well that people are already tired of a whole year of all sorts of restrictions and measures to combat the epidemic, economic problems, and falling living standards. But to act irresponsibly and make all sorts of uprisings, ignoring sanitary measures is too much, because any uprisings at least first lead to even more chaos. Spread all sorts of rumors about vaccines. All these vaccines did not appear out of nowhere and their effectiveness has already been proven by the lives saved.
2365  Economy / Economics / Re: A Decentralized Roadmap To Compete With Elon Musk/Tesla: The Open Source Car on: April 02, 2021, 08:59:14 PM
Quite an interesting topic to discuss, especially considering that some years ago, Elon Musk seemed to announce the transfer of Tesla's patents for public use and his commitment to the ideas of open source. It would be interesting to learn from informed forumchan how this issue is now, because then I seem to have no information on this issue did not meet. As for this particular topic, I would like to express the idea that, unlike the world of software in the hardware sphere, the ideas of open source are difficult to break through and offhand I remember the situation with RISC V, where there was some revival in the light of concerns about the potential sale of ARM. Specifically, in the automotive industry, the ball is ruled by huge monopolist companies that are not yet burning with love for such ideas and the conversation is still at most about joining forces to develop an automotive platform for several companies and not at all on the ideas of open source.
2366  Economy / Economics / Re: Bitcoin mining in Texas - new trend - will Tesla follow on: April 02, 2021, 08:30:56 PM
Let’s see what’s going to happen in the years coming, if they are going to start mining bitcoin or not. But it’s not really necessary, we already have a lot of bitcoin mining companies. Though if they decide to go for it and become and Bitcoin mining company that wouldn’t be bad, I know very well that they are going to be among the companies that will be the biggest in the industry, because they already have lots of money to invest and build it to the level they would want.
I very much doubt that Tesla will start mining in the near future and here's why. Undoubtedly, Elon Musk, with his recent statements and responses, shows sympathy for the cryptocurrency, especially for bitcoin and dogcoin. But it is one thing to buy a certain amount of bitcoins and organize the sale of electric cars for this cryptocurrency, because these are quite interconnected things, and it is completely different to engage in mining. Still, I think that batteries and cars will remain the main business of the company in the near future and the company is unlikely to be sprayed on mining, because this is very far from their main profile of activity, I would rather believe in the new initiatives of the company about energy.
2367  Economy / Economics / Re: Rich have too much on: April 02, 2021, 07:57:17 PM
The needs of people are always increasing and the capitalists always encourage the development of the market economy. The more wealthy people are, the more motivated people are to thrive. The poor have many reasons for being poor such as force majeure in labor for the elderly, the disabled, and the terminally ill. They are poor for sure. Others are poor due to laziness, due to too many burdens. We cannot divide wealth from the rich to the poor because we cannot do it other than donations or charities.
We can only help the poor by helping them, giving them a job, giving them knowledge.
Modern society makes people more greedy and has more material needs. They will want other things bigger than they are now. If one day the rich accept only one house and a car and simply eat and drink, then only that will have the opportunity for the poor.
The whole modern market social model is built on banal human greed and is quite competitive and viable. Personally, I am not happy with some of the costs of such a model of modern capitalism, such as the excessive wealth of individual members of society, but all sorts of social experiments, such as socialist regimes and all sorts of restrictions on wealth, led to even worse results. Therefore, I am against such proposals as one house and one car, and I am in favor of creating conditions for the state to improve the well-being of the rest of the population. That is, not a restriction, but rather a stimulation of the other layers.
2368  Economy / Economics / Re: bitcoin wasn’t created to make you rich. It was created to make you free on: April 02, 2021, 07:31:21 PM
There is a lot of correlation between being rich and being free. Bitcoin has made a lot of people rich, but at current high prices it has become a target for institutional investors. Bitcoin made a lot of average people very rich, if they were clever enough to find and hold on to it from the low levels years ago. Bitcoin is much easier to transport across borders and much less vulnerable to government interference through money printing. One of the biggest advantages is the fact that only 21 million will ever exist - unlike US dollars that can be printed in the trillions whenever the US government wants a popularity boost that also devalues the overseas debt that they owe. Unfortunately the low amount of 21 million, even with all the decimal places, will never be enough for all the tiny transactions that are performed day to day. Ironically as it becomes more concentrated into fewer hands it will become easier to track in future and lose some of it's anonymity allure.
Everything is relative about freedom and when you become a very rich person, then on the one hand you have more opportunities than an ordinary person, but on the other hand you already have less freedom in the other, as it does not sound paradoxical, and you will no longer be able to lead a habitual way of life, at least because of the issues of excessive attention to your person and security issues to protect against criminal elements and unscrupulous competitors who want to appropriate part of your wealth or your ruin. Bitcoin really wasn't created to create rich people, but Bitcoin is just a tool and everyone is free to use this tool as they see fit.
2369  Economy / Economics / Re: What's Next? After Bitcoin Passes The 60K Mark...... on: April 01, 2021, 11:54:43 PM
I don't get it, whenever bitcoin reaches to 60k, there is a boat loads of people selling their bitcoin. What's the point of selling it when it is 60k? I am not asking why they are selling because we know why people sell, it could be many different reasons why people sell from trading to technical analysis to just needing money.
I think that the psychological factor can play a big role in this, because people like beautiful numbers like as many as tens, and the onset of such a moment can play the role of a certain trigger for the decision to sell an asset Wink Moreover, previous experience teaches such investors to be cautious and that after the occurrence of this event, a correction may occur. In the same way, it will be possible to talk about 65,000 and so on, and I think and hope that this is possible in the near future. Not everyone has the patience to wait any longer and is tempted to lock in a profit.
2370  Economy / Economics / Re: Bitcoin after the pandemic on: April 01, 2021, 11:41:06 PM
Pandemic has a very little effect on the price of BTC. When great influential and the richest man in the world are in the game, you should not expect anything less. Besides, Paypal is introducing the acceptance of BTC as a medium of payment to all merchants which are in millions, Visa just announced the same using Ethereum blockchain and USDC. All these contributed a lot and hence bring about the mass adoption we are seeing recently.
I strongly disagree about the very small impact of the pandemic on the current price of bitcoin, because let's not forget that the current fantastic growth rates of capitalization of some companies and, accordingly, the wealth of their key shareholders happened due to the policy of printing a lot of money precisely because of the pandemic. And I personally am not sure that after the collapse of such a policy by central banks, the bitcoin exchange rate will remain at such price levels.
2371  Economy / Economics / Re: Bitcoin Is Protecting Human Rights Around the World on: March 24, 2021, 11:51:30 PM
Bitcoin represents human will and it penetrates the financial barriers that governments create.  Over the years, countries have accused Bitcoin of being involved in money laundering, arms trafficking and a host of other crimes, but upon investigation and discovery it was the US dollar and the classical finance (the banking system)  it is the tool of the crime.
Bitcoin is more trusted than ever before and most clearly demonstrated that its value increases over time in spite of national rumors and bans.
I think Bitcoin is the product of the spirit of freedom, the will to cross borders and connect people.
I certainly agree about the importance of bitcoin for the population of our planet as a product of the spirit of freedom and the spirit of unification, but still I would not deny the reality of some negative aspects of the use of cryptocurrencies by different people with bad intentions Wink Although of course it is clear that all sorts of crimes involving the use of fiat currencies are incomparably greater due to the scale. On the other hand, such negativity should not be automatically linked to both fiat currencies and cryptocurrencies.
2372  Economy / Economics / Re: Bitcoin could win the currency war on: March 24, 2021, 11:32:13 PM
Here in India, there's a lot of FUD that the government is only interested in using Blockchain technology and use it for the digital rupee, but without allowing cryptocurrencies like Bitcoin and Ethereum (and others) join the technology. Stupid people don't even know that testing a bike without tyres is impossible. Wink
I saw Americans too got caught by their Government when their gov said that they will be increasing the tax rates now just because they've been providing "free money" to their public through lots of continuously ongoing stimulus. I still don't understand what gives these Governments a huge level of confidence to trust their traditional banking only over crypto?
All these bans on cryptocurrencies will be a temporary phenomenon if other states actively allow the use of cryptocurrencies, just a look from the outside at the successful and most importantly profitable use of cryptocurrencies for other states can bring the right understanding to the minds of statesmen Wink By the way, some tax increases were already implied by the election promises of the current American administration, and what sauce it will be packed with for the layman is not the essence of the matter  Wink
2373  Economy / Economics / Re: 'Cryptocurrency is not legitimate money,' says Nigeria's central bank governor on: March 22, 2021, 11:56:08 PM
It so happened that BTC and in general cryptocurrencies are now not that they are not legitimate money, they seem to be not money, but more of a kind of asset
Oh. Why is Bitcoin and other genuine cryptocurrencies are not legitimate money? Because the government said so, just to created FUD and to desist people from seeing Bitcoin the way it is.
What is money? According to Google Money is any object that is generally accepted as payment for goods and services and repayment of debts in a given country or socio-economic context. Then why is Bitcoin not money when it is used for the activities money is used for?
You answered your own question Wink The legitimacy of a particular currency on its territory can be established only by the state and no one else. If tomorrow the Central Bank of Nigeria declares bitcoin a legitimate currency, then simply put, bitcoin will become a legitimate currency in Nigeria, although there are also issues with the regulatory framework. And if in Nigeria you can not use bitcoin for activities for which money is used, then bitcoin is not money there, and the point is.
2374  Economy / Economics / Re: Can the world be without poverty on: March 22, 2021, 11:11:12 PM
The financial system thats been followed by the government is completely wrong. It has got the responsibility to support the one in need and uplift them to reach the next level of life. Here, what the government does is completely against this. It always wants to support the corporate networks and other firms, which means governments believe infrastructure and financial development in terms of GDP will hide the poverty to the outer world. Even USA is not an exception, similar thing is going on. There are people who are living more than six years on the car because of poverty.
You can talk about high matters as much as you like, but reality will still make its own adjustments. Unfortunately, we do not live in an ideal world, and the powerful of this world will always try and use the state mechanism to promote their interests and strengthen their influence and wealth. The most important thing is that this either coincides with the interests of other segments of the population of the state or that these segments of the population can curb these encroachments on their own interests in order to reduce the difference in the level of wealth of citizens.
2375  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: March 22, 2021, 10:42:54 PM
Juventus season is over and done. Cristiano Ronaldo will need to find another team willing to pay his very expensive contract rather soon. Honestly, he is an excellent player but at his age I would not pay him that much (considering he gets already plenty of money via personal sponsorships).
Pirlo will be sacked either in a few games or at the end of the season. As a player he was amazing, as a manager needs more time to mature. Big teams are not for him yet.
After this unbelievable loss, yes they are done when it comes to becoming the champions. It looks like C. Ronaldo will most probably leave the team this summer and I really wonder which club it will be. And when it comes to Pirlo, I also think the same way that Pirlo will be and should be sacked at the end of this season in the worst case. He has been really bad with Juventus. It may be better for him to manage less powerful teams to get more experienced for big teams.
I agree that Cristiano Ronaldo is certainly a great player, but the current Juventus is not exactly the team that can help Ronaldo show his top level. The club does not have the team chemistry that was undoubtedly present at Real Madrid when Ronaldo won titles with the club. Also, let's not forget about the competition with Messi in the same championship, which spurred both players. As for Pirlo, I would like to say that I had great doubts about his appointment, and to my great regret, so far my fears have been justified. Pirlo came too early to join such an ambitious club as Juventus.
2376  Economy / Gambling discussion / Re: Premier League Prediction Thread 2020/2021 on: March 22, 2021, 10:32:10 PM
Definitely Salah for me too. Not being biased or sentimental since I'm a fan but Salah has undoubtedly been good despite the fact that Liverpool's team in general haven't been doing well in the Premier league lately. I expect things to go well for Liverpool for the remainder of the season. So we might see more beautiful goals from him moving forward. Harry kane is till a strong contender as well. I'm not leaving out Bruno, he has a good chance at winning too so far Man Utd keeps getting penalties awarded to them, lol.
I would not say that Tottenham is famous for stability this season in the case of Kane, especially since it is rumored that Kane himself is not so impressed with the future tournament ambitions of his current club. Liverpool, with their unstable results, are still successfully failing the season in England and Salah is also not so stable, along with the entire attacking line of Liverpool. I sympathize with both players, but personally I would like to see Kane win the argument.
2377  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: March 22, 2021, 10:21:04 PM
We wouldn't know for sure if he's up to the task of coaching the first team of a club until he's given to chance to show what he can do. Alonso excelled as a player and from what I read about his experiences with those youth teams he coached, he did a good job. So I'm of the opinion that he should be given a chance. Rangers gave Steven Gerrard a chance and look how far he has taken them to. It won't be too long now before he takes charge so let's wait and see.
Just in the case of Gerrard, you can talk about similar styles of football, because in this case it is English and Scottish styles. But the German and Spanish styles have much more differences. However, let's not forget that, for example, Josep Guardiola worked quite successfully with German Bayern, and now he is working fruitfully with Manchester City. Therefore, I would not be so categorical in the case of Alonso, but let's not forget that some rumors are courting Xavi Alonso to Barcelona due to Koeman's not very strong position.
2378  Economy / Economics / Re: "Looks as if #Bitcoin is eating #Gold". Good idea to buy some Gold now? on: March 21, 2021, 11:50:20 PM
Past period individuals consider gold as extraordinary resource to HODL but presently Bitcoin most prevalent any else.Investing on Gold is continuously a great thought and why not you as well contribute on it, It is obligatory to hold few hundred grams of Gold in or reserve funds all the time for crisis needs when nothing is sold as Gold. I figure a few of the wealthy individuals are moving to BTC from Gold that's why the cost is dropping but still gold remains within the beat of add up to marketcap and it merits it.
Undoubtedly, gold will retain its position, but it is still worth considering that for small investors in the form of individuals, operations with physical gold are some inconveniences, and yet gold in physical form is still more convenient for large investors. Therefore, for the convenience of such investors, it is quite possible to recommend, for example, the purchase of gold coins, but not gold bars, or some investment instruments derived from gold, such as metal accounts in financial institutions, etc., etc.
2379  Economy / Economics / Re: Covid-19, Lockdown and repercussions on: March 21, 2021, 11:21:36 PM
People did really got confident that they might able to handle out the said virus since now that vaccine is already available but same as you mentioned that this wont really be preventing us for us to get infected or does give 100% guarantee but people do have made wrong decisions instead of strictly following health protocols which would really result into a disaster or typical increase of infected persons.
Discipline on ones self plus strict implementation of rules and regulations of health protocols should be followed and be handled that properly.We wont really be ending up this
situation if people would really be having that kind of behavior or mindset until the cure would come out.
On the one hand, it is clear that people are already beginning to lose patience, money, and standard of living due to the ongoing lockdowns, not fully understood stories with vaccination and the vaccines themselves. On the other hand, the pandemic has not yet receded much, and indeed the population should show patience and endurance in the face of the challenges that have come. The main reason for all the restrictions imposed is not the high contagion of the virus, but more severe consequences for health and, most importantly, for people's lives.
2380  Economy / Gambling discussion / Re: Premier League Prediction Thread 2020/2021 on: March 21, 2021, 10:41:19 PM
Mourinho did it again this time, conquered a great victory against Aston Villa. Tottenham is now only 3 points behind Chelsea, which means the Champions League. On a different note and for what is worth, Manchester City is sailing to the title with so many points ahead of their cousins.
Of course, you should not discount Tottenham and for sure Mourinho's team will definitely fight for a place in the Champions League. By the way, there was a rumor that Harry Kane wants to leave Tottenham because he wants to fight for trophies and is not sure that he will be able to do it at the current club. Another question is that such a question is unlikely because of the position of the club, which is not ready to sell a player for less than 120 million pounds. In any case, the loss of such a player would be a big minus for Tottenham.
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