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2401  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: January 17, 2021, 05:12:10 PM
Seems they understood their mistakes and learnt a lot from their first innings and as a result played well in second innings and made 359 as against 135 in first innings. Though England massive score of 421 in first innings have put them in driver’s seat and though they lost 3 wickets for just 38 in second innings still they only now require 36 runs to win the match. Sri Lanka would realize that though they played well in second innings and bowled well in second innings but each session for them is very important and losing couple of session initially in the test match can actually cost them the test match even if they play well in the end.

Sri Lanka collapsed from 5/291 to 359 all out. They lost 5 of their last wickets for just 68 runs. They had the perfect chance of setting up a challenging target for England, but the lower order collapse destroyed those hopes. There is hardly any take-aways for Sri Lanka from this match, apart from the good knocks by Lahiru Thirimanne and Angelo Mathews. They need to do much better, if they want to beat England in the remaining matches. 
2402  Economy / Economics / Re: Economy after COVID-19 on: January 17, 2021, 05:02:45 PM
Poor and undeveloped countries facing a lot of problems - this is a strong delusion. Countries that are poor and undeveloped will not experience such a strong influence as developed and rich countries. Let me explain. Poor and undeveloped countries did not have and do not have high indicators of income, life, and economy. Therefore, pandemics, in fact, there is almost nothing to destroy, they, excuse me, live their whole life at the very bottom of society. You can rob a rich man who owns something, but you cannot rob a poor man who has nothing.
And excuse the cynicism - but the reduction of the part of the population for such countries will be a kind of "relief", because mostly old, chronically ill people who are the basis of the social load on the state budget and on the budget of families where these people live will die... Yes, it sounds very harsh, but this is the real "mathematics of life"

This is ridiculous logic. I normally spend most of my time between Singapore and India. The former can be described as a developed nation, while the latter is a part of the third world. Singapore is doing pretty well despite the pandemic. There was no large scale loss of jobs, and the economy is doing pretty well. On the other hand, the middle-class and lower-class in India is the worst affected. They are barely surviving now. The government is handling the situation pretty well, and if that was not the case it would have been much worse in India.
2403  Bitcoin / Bitcoin Discussion / Re: I am Satoshi Nakamoto on: January 17, 2021, 04:31:35 PM
I compared the first post with the posts made by Satoshi:

https://bitcointalk.org/index.php?action=profile;u=3;sa=showPosts

There is zero similarity between the language used by the OP and the language used by Satoshi. I don't think that the language usage can change a lot within a ten-year period. I know that this is another scam attempt.. but just wanted to point out some basic differences.
2404  Economy / Gambling discussion / Re: Manny Paquiao VS Connor McGreggor? on: January 17, 2021, 04:19:03 PM
I still have doubts whether this fight will go ahead as planned or not. For McGregor, at least for now the priority seems to be his rematch against Dustin Poirier. And from what I have heard, Pacquiao is pretty busy with political commitments. Both the players are saying that the fight may happen this year. But that is a big "may". Until the date is finalized, I am not going to take it seriously.
2405  Bitcoin / Bitcoin Discussion / Re: Adult companies and bitcoin? on: January 17, 2021, 01:41:03 PM
Another thing worth mentioning is recurring payments. Many of these porn sites make money off recurring payments. Many people sign up with credit cards and then let it auto renew. None of the porn sites I've seen have a great way of renewing a membership with BTC. It's clunly.

Unfortunately It's hard for companies to understand that by offering Bitcoin they are getting NEW customers that they wouldn't have received before, not losing customers to a lower LTV payment method.

Auto-renewals are not possible if the payment is being done directly with Bitcoin. But it may be possible if BitPay or some other payment processor is being used. So it will be quite similar to accepting the payments with credit card. But I am not a big fan of BitPay, BTW. Previously they had refused to work with Colorado Marijuana shops, saying that they don't want to get associated with semi-legal business.
2406  Economy / Economics / Re: bitcoin over 30k on: January 17, 2021, 01:31:05 PM
Here perhaps it is more appropriate to give advice because I think everyone understands too. that the risk will be at your own responsibility. the price is now over bought to buy. wait for the bear price to be able to buy bitcoin at a cheaper price. at this time I think it's better to wait

I can't agree with your post. The signs from the market indicate otherwise. You are claiming that Bitcoin is over-brought. But in most of the exchanges, if you look at the order-books, the sell orders are much smaller than the buy orders. And it looks to me that there is some sort of a supply crunch in most of the markets, be it reulated exchanges, dex sites or peer to peer platforms.
2407  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: January 17, 2021, 01:21:08 PM
So impressed by Sundar & Thakur watching them batting as if they were only the pillars and could save India which they actually proved it. I was depending on Rahane and Pujara today if any 1 could stay for long could help India to reach near OZ score but it was somebody else only who saved India to give big lead to OZ. Day Definitely belongs to India today and considering the team has changed a lot from the start of the test match due to injuries, India would be happy to play for draw as its win for them even in draw with new set of players they are playing this series.

Yup. Actually no one expected these two to bat so well. They treated Mitchell Starc and Pat Cummins with absolute disdain, and only Josh Hazlewood looked to be in some sort of form. But the Indian team needs to remain cautious. Still two days remain and the game can change at any point. Tomorrow the Indian bowlers need to make sure that they don't give away too many easy runs.
2408  Other / Politics & Society / Re: Jack Dorsey makes excuses about blocking Trump. on: January 17, 2021, 01:11:03 PM
I don't want to comment anything on Donald Trump. Whether he deserved the ban or not is entirely another subject. My problem here is that Dorsey and his ultra-leftist moonbat friends such as Vijaya Gadde doesn't have any problem with people like Recep Tayyip Erdoğan and Mahathir Mohamad, who make genocidal threats through Twitter. Once in a while Twitter deletes these posts, but these people are still having their Twitter accounts.

This is what Mr. Mahathir Mohamad tweeted:

Quote
Muslims have a right to be angry and to kill millions of French people for the massacres of the past

If any of you feel that this is not as bad as Trump's tweets, then you are downright retarded.
2409  Economy / Gambling discussion / Re: [Boxing] Floyd Mayweather vs. Logan Paul - February 20 on: January 17, 2021, 01:01:37 PM
He attract his fans to watch if the fight is interesting, his previous fight made his fans interested because they think he has a chance, with Mayweather, I doubt they'll think of that, unless they are blindly following him.

The profile of Logan Paul supporters is diametrically different from Mayweather fans. Most of them are not boxing fans as such, and they are interested in this match only because their hero is taking part. Last time also, more than a million of them purchased PPV for the match against KSI. But then, the PPV was priced much lower than the price-tag for this match. But then, this is like a once in a lifetime opportunity for them.
2410  Economy / Economics / Re: Second lockdown due to covid19 is painful on: January 17, 2021, 12:51:15 PM
Why is it necessary? If you are afraid of Covid, then stay at home. If I am a young, very healthy person living isolated, alone, then what's wrong with me? Why shouldn't I work? Especially if I protect all the recommendations + always protect the social distance?

When the government tells you that quarantine and restrictions are needed to stop the spread of Covid, it means that they tell you: You are dumbass stupid who is so silly that I have to push him by law.

In reality, this lockdown will be painful for us but not for them. Show me any politician who suffers from financial loses because of covid, they get a salary like before and make tons of money in vaccine orders, PCR tests, etc.

I understand your concerns, regarding the loss of income. You are not alone. Although I am lucky to receive the full salary during the lockdown period, I know about a lot of my friends who are struggling to make their ends meet. But the choices we have are limited. Daily infections and deaths are at all time high, and if the governments think that another round of lockdown is necessary, then we need to cooperate with them.
2411  Economy / Speculation / Re: Your price expectations for 2021 on: January 17, 2021, 12:41:17 PM
Looking at the charts, it seems to be that Bitcoin is going through some stabilization before its next rally. I am not sure for how long the prices will remain at the current level, but we can expect a sharp spike following this brief period of stability. Users who want to do some profit booking are doing that and the investors are treating this as their last opportunity to get some BTC at sub-50,000 levels.
2412  Economy / Speculation / Re: Bit Coin dropped 12% since morning ,where is it going? on: January 17, 2021, 12:31:19 PM
We are observing this pattern for the past many weeks. Bitcoin exchange rates remain volatile (which you can expect after such a sharp rally), but the important thing to note here is that the prices have recovered within 2-3 days whenever there is a correction. This means only one thing for me - the platform is set, and Bitcoin is on course for the next major rally which is going to take it beyond $50,000 (or much more than that level).
2413  Bitcoin / Bitcoin Discussion / Re: Sorry guys.. Bitcoin is not for our day-to-day transactions. on: January 17, 2021, 12:21:10 PM
I think the hardcore crypto nuts believe Bitcoin can replace fiat currencies while I'm more moderate and believe that Bitcoin can exist in the form of a commodity or be used as a currency alongside currencies like USD. Day to day transactions aren't a stretch if merchants can deal with transaction fees and confirmation times. Network being overloaded is a concern, but presumably that's something that could be hashed out once mainstream adoption is wide enough that *everyone* is using BTC.

It will be very hard to get *everyone* using Bitcoin. I will be happy, if a simple majority of the world population approves the usage of Bitcoin. But we have a long way to go before we reach that level. Right now the user base is around 100 million, and that needs to be increased by 40x or 50x before we can claim world-wide acceptability. And as you said, scalability is a concern, but hopefully a few hard forks can resolve it.
2414  Bitcoin / Press / Re: 2021-01-13 BI - Man offers city $70M to dig up lost 7500 btc hard drive on: January 17, 2021, 12:11:11 PM
Read this news today, while browsing Google News. I feel sorry for him, but now hardly anything can be done. Also, I am not 100% convinced by his story. He claims that he thought he had the backup ready and therefore he dumped the drive. How many of us do that? Hard drives contain a lot of sensitive information, and I have never dumped any of my laptop hard drives for the last two decades. It doesn't take a huge amount of space to store 2-3 hard drives.
2415  Bitcoin / Bitcoin Discussion / Re: Why do people avoid bitcoin? on: January 17, 2021, 12:01:10 PM
The single most reason why some people avoid Bitcoin is due to the lack of clarity in legality and tax requirement. Some of the countries, such as Japan, Germany and South Korea have moved to make Bitcoin 100% legal and they have regulated this asset. However, that is not the case in the majority of the countries. And then we have countries such as China and India, where Bitcoin is under de facto ban.
2416  Bitcoin / Bitcoin Discussion / Re: How much btc do you need to secure your future? on: January 15, 2021, 11:32:03 AM
Even per the current price range that is $39000 plus, 5BTC can guarantee me a very good retirement without me looking back. Money is hard to come by over here and as a result the value of 1BTC can be a jackpot in one's life. Im just imagining the amount of positive change I can effect in my village with just 0.5BTC

Where I live, $195,000 is not enough to secure retirement. Here a decent apartment in a decent neighborhood alone will cost you a minimum of $300,000. On top of that, monthly expenses can be expected in the range of $1,000-$1,200. Even if you own an apartment already, 5 BTC at current prices are going to last just 10 years or so. The only option is to move to another country with a low cost of living. But then you can't expect the same standard of living. 
2417  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Altcoins replace Bitcoin?!?!? on: January 15, 2021, 11:20:06 AM
BTC are unique - its can't be replaced by any coin in closest future.
But times changed and we can saw something new and more powerful.

It is true that altcoins have failed to offer any meaningful competition to Bitcoin in the past. One reason is that almost all of these altcoins have copied the basic ideas from Bitcoin. Therefore the users consider them as copycats of Bitcoin. If there is a new technological innovation that is superior to Bitcoin in technology, and at the same time having mostly it's own logic, then it has a chance to become more popular than BTC.
2418  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Could ether hit 100k? on: January 15, 2021, 11:10:45 AM
Since Ethereum has climbed from $ 0.4 to a record of $ 1400 in just three years, it is theoretically quite possible in the future the price could reach 20k and even 100k at its peak.  The potential uses for Ethereum are almost endless, as the impact of projects like DApps, DAO and DeFi should not be overlooked.

The ATH level of $1400 was reached in January 2018, which was more than three years ago. Back then the ICO craze was at its peak and ETH was gaining market share at the expense of Bitcoin. But now the scenario has reversed. Bitcoin market dominance is going up, while the Ethereum market share is declining. On top of that, ETH is used less often as a result of the high gas fees. I would say that the future prospects doesn't look great for Ethereum.
2419  Bitcoin / Bitcoin Discussion / Re: Banks hope to issue their own "bitcoins" to fight BTC on: January 15, 2021, 07:36:47 AM
There were many such attempts.

XRP was supposed to be a centralized successor of Bitcoin that banks would accept.

BCH was supposed to be the new king. Just like Bitcoin but with cheaper transactions.

BSV was supposed to be better because of the "real" Satoshi.

Don't forget about Libra, the Bitcoin killer Cheesy

It's easy to make a coin. Much harder to persuade people to use it.

Eventually they will realize the futility in "fighting" Bitcoin. What they need to do is to do a proper research on how to integrate Bitcoin to their platforms, so that they could benefit from an expansion in the userbase. PayPal has just done this, and it proved to be mutually beneficial to both the sides. I hope that eventually banks will also agree with the approach taken by PayPal and do the same.
2420  Economy / Speculation / Re: When The Inevitable Happens With The Dump - What Will Bitcoin Be Worth? on: January 15, 2021, 06:53:28 AM
You are predicting about a potential dump, based on what happened in 2015 and 2018. I have reasons to believe that this time it is not going to repeat. First of all, this time the rally was supported by solid improvement in adoption and acceptability. The prices didn't went up all of a sudden just because of hype. Also, institutional investors are involved and they are unlikely to dump their coins during a bearish phase.
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