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2541  Economy / Economics / Re: Capitalizing on the strong US dollar? on: July 14, 2022, 09:40:15 PM
When you are in a "bitcoin"talk forum, I think the correct answer here should be "buy bitcoin" because it would allow you to hedge yourself against dollar very easily. If the price of bitcoin goes up, then if the dollar goes up as well it's double the profit, if the price of bitcoin goes down, but the value of dollar goes up then you are fine, if the dollar price drops but bitcoin price goes up then you are still fine.

The only bad would be price going down and value of dollar going down as well and both happens at the same time. I say you should be focusing a bit more towards how the crypto could help you and get you better and bitcoin is the starting point of that.
2542  Economy / Economics / Re: The fear of Bitcoin monopoly in El Salvador on: July 14, 2022, 08:58:22 PM
I do not think such a thing needs to be  feared. I mean think about it we are talking about something that is very rare chance to happen, why would we worry about the potential of something that is not even here or even discussed.

The "anxiety" of it, being the fact that worrying about things that are not happening, is a psychological problem that people have been dealing with for many years. Sure be ready for it, there is nothing wrong with being ready for anything, but being worried and getting ready are not the same things. I personally would believe that El Salvador and monopoly would not be in the same sentence right now, it is not there at all, not ready for it.
2543  Economy / Speculation / Re: MtGox finally going to distribute 137,000 BTC sometime next month on: July 14, 2022, 09:23:24 AM
It is understandable for them to try to give people some money back when it is 20k, I seriously doubt that they have all they want, they probably lacked some funds, and this drop helped them a lot. I even imagine that they may have sold a bit higher, and rebought at lower in order to pay more to people.

This is a weird situation, don't know how they are going to "finally" distribute it, I mean the method. They can't just send money back right away, most of it would be gone, there needs to be a better method, maybe some people use different wallets, would make sense. In any case, it's suspicious timing for sure, I agree with that, and I think there is something fishy going on.
2544  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: July 14, 2022, 07:20:08 AM
What's the point of De Jong being in Barcelona if the team is after salary reduction and looking actively to sell him? I get that he wants to stay, but if they do not want him to stay, forcing them to keep him wouldn't really make his life better.

Look at what happened to Bale, he was a great player who just didn't wanted by his team and because he had a huge salary, he didn't get any playing time in order to be convinced of leaving, and he didn't because he wanted that money and couldn't get it anywhere else. In return, he wasn't played, and basically kept off the roster and now he is not a player he used to be and not wanted as much by other clubs neither.
2545  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2022/23 on: July 13, 2022, 08:04:59 PM
Bayern shouldn't want Lewandowski to leave at any point, he should retire there. I mean Benzema brought UCL to Real Madrid at age 35, if he can do that, Lewa could very well. Dude scored like 40+ goals a year again this year, and why would you want to send away a player that scored that much?

I am not saying that they would be terrible if he left, they would still be Bayern, but it just doesn't make sense. Same would apply to Barcelona, they have enough players and getting a superstar would be the most idiotic thing to do when they are in debt. I never found any merit in this transfer idea, and I believe that we shouldn't really expect much from them in general. This deal will fall through and never happen.
2546  Economy / Economics / Re: {Economy} What is happening in Japan? on: July 13, 2022, 03:41:56 PM
Economy of Japan will not be stable for a while, it’s going to get damaged from this. It is not the first time a politician gets attacked in Japan, but this is a big news for sure. I believe that we are going to see Yen getting lower for a while.

It already dropped a small bit, and it is going to probably drop a bit more, and that’s going to be something terrible for all of us because Japan is a g7 rich nation and it is always bad for the rest of the world to have a g7 nation doing badly. It means that less import/export business would be available, because nobody wants to do it when it's volatile. In the end, it will get regular and we will forget about this eventually too.
2547  Economy / Economics / Re: The Growth of Bitcoin ATMs by Country on: July 13, 2022, 04:22:10 AM
There isn't a logical that makes people use it. That’s the problem, sure there could be some increase because people like to use crypto and it’s a growing industry right now, but bitcoin ATM is not the biggest part of it, it’s really not needed. We have exchanges that we could move our money from banks to exchanges and then exchanges to banks, then we could use banks for that.

I believe that we should not be expecting this deal to go higher too much, it’s going to be something serious, but for a while, then it will go lower and lower and lower. This is why we can't expect too much from them, it’s going to be like 1-2k max amounts all around the world for how little people like it.
2548  Economy / Gambling discussion / Re: ⚽UEFA Champions League Discussion Thread -- 2022/23 | Qualifying on: July 13, 2022, 02:42:01 AM
The reason why conference league was created, was not so that people at higher levels would go down to a lower league all the time, it was the fact that football became much bigger, and all teams could go around the europe to play other teams and not only they would be able to afford it, but they would actually make more money from it.

So, if you end up doing something like "let's move all the teams one step down" and basically make others smaller, then it would not be helpful, it would be similar amount of teams, maybe a bit more, that plays.

We should have leagues that have as many as possible, even add more groups to UCL and Europa and Conference, just to include more teams so everyone would make more money. NBA doesn't pay players like Curry by having 40 games, they have 82 games plus playoffs, that's how you make money for the clubs, if football clubs had 82 games as well, that would be much more profitable.
2549  Economy / Economics / Re: Good and Evil money — The Morality of earning Money/Rewards on: July 12, 2022, 06:40:45 PM
That is a bit of like Karma, and I do not think that the real world has that kind of approach to it. Don't think that it would really make that kind of a big difference, it would of course be a morality thing, but look at all the big rich people.

You think Elon became rich because he had ethics? This dude literally shut down a whole place down because they wanted union. He can't fire people for being in the union, but he has all the right to shot down a whole factory, so he did that. This is the type of people who get rich. Jeff Bezos? He doesn't allow people to be in unions as well, but he also pays them so little that they get subsidized by the government for food stamps.
2550  Economy / Trading Discussion / Re: Would you advise a focus on indicators or the market itself for a newbie. on: July 12, 2022, 03:08:08 PM
Why not both? I mean fundamentals of a coin means that you have to check how legit it is, and if there is anything that could go wrong out of sudden. There are not too many like that but there are "some", specially on the new ones.

However, if you end up checking it you will realize that there would be some wrong stuff in their blockchain which you wouldn't want there. That's the fundamental approach. Indicators on the other hand are smaller time frame stuff, not a terrible way to look at things if you want to trade daily, like 5 minute candles for example on a trade you want to finish up in under an hour for example, buy and sell all within that time period. Not bad, if you know how to do it.
2551  Economy / Trading Discussion / Re: Many people become binance futures full time traders as job on: July 12, 2022, 01:44:02 PM
I don't know if "futures" is a full time job deal. I mean think about it, you could literally lose it all there, it's like gambling. I know plenty of people who "trade" full time, and know plenty that got super rich while doing it as well but that was mainly on spot, or even if we are talking about futures then they did low leverage, like 10x max, usually not even futures tbf.

People who work with like 100x leverages are not the people who make full time income from it, one day they will, one day they will lose, it is too volatile to consider a profit. Trading is fine, even on a bear market, since you do quick trades, you do not get affected by it like the long term investor.
2552  Economy / Trading Discussion / Re: Why exchangers derivates and futures dont have other then USDT ? on: July 12, 2022, 08:40:30 AM
Main reason? That's the thing they trust, the exchange itself, nothing more. Do not listen to all those people who are trying to make a logical argument, sure those all matter but the reality is that exchanges want a profit in USDT, much better and easier. Do not think exchanges are in love with cryptocurrencies, they even dislike most of them. Because, they get a trading fee in that coin, and how would they be able to sell that and get out?

So, let's say binance has doge, which means they make doge profit, how would they even turn that into usdt or btc? It would crash doge price if they kept selling every day, if they collect it and sell in bulk, that would be even worse. Hence USDT is better and easier for them.
2553  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2022/23 on: July 12, 2022, 06:24:48 AM
I agree that Vini definitely deserves a big fat check and he needs to stay in Real for a long time. Dude was trusted to be a good player for a while and given the reigns, and he didn't started this great, but gradually became better and better. Real spent good minutes on him and that is why he should be thankful to Real, and he played well enough lately to bring them some success which means they should be happy to have him.

A good deal for both sides. I wonder what will happen with Rodrygo as well, they have a great young star there and he looks like the type of player that would bring in a lot of pace to the team and that's something they definitely need with how many older players they have.
2554  Economy / Gambling discussion / Re: Premier League Prediction Thread 2021/2022 on: July 12, 2022, 05:34:51 AM
I don't think that City would really need a big replacement for Ake. I mean he played like maybe 20 games all year, and most of them were games that did not matter that much. City must have some young defenders in their system that could replace him right?

This is a defender bench player we are talking about and defenders rarely worth a lot of money, bench ones certainly do not. They could get like some 20 year old potential kid, and could end up hoping that it would work out. They already spent too much money on Ake and couldn't get a good deal out of him, he didn't turn out to be a starter, hence why I believe it shouldn't be that shocking to imagine he would be going for a loss as well, less than what they paid for him.
2555  Alternate cryptocurrencies / Altcoin Discussion / Re: Saylor thinks ETH post-merge on Proof-of-Stake is a security. on: July 11, 2022, 06:34:26 PM
I think it is not such a big deal. I mean Saylor is a great investor and whatever he says, fine in my book. Doesn't mean that I will follow whatever he says, of course I still hold my ETH and I hope to god one day I would have 32 ETH so I could stake it eventually when that happens. But that doesn't mean that I will go out against Saylor and say anything mean about him neither. This is the dude that helped the crypto world break into the wall street world.

If he could help us get that much bigger, with billions, then I would support him no matter what. That is of course resulting with me not believing or agreeing on stuff he says, and still do not say he is wrong, just moving on without disagreeing.
2556  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum’s failure to close above $1.3K on: July 11, 2022, 05:48:58 PM
The idea here is too individualistic to support. I mean it says that ETH failed to close above 1.3k and that should be a bad thing for the future of ETH, and the testnet situation didn't help as well, but the reality is that the whole market is the thing we should check. Bitcoin already reached above 21k and then went down, if it did then so would ETH as well, we know the market moves together and not one by one.

This means that whatever happened in ETH price, happened in other coins prices as well, right now the ups and downs are give or take the same levels. Hence, the failure to close above 1.3k wasn't a thing about ETH, it was just a thing about the market at that time.
2557  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: July 10, 2022, 07:48:03 PM
Phil Foden is definitely a great deal. Dude got from City youth system and he is playing amazingly. He didn't started as a great player that needs to get minutes directly, but with each season he got more and more and more playing time. Right now he is the type of player you would want on your team during an UCL finals game.

I highly doubt that City would want him gone, they won't sell him and they will keep him as much as possible. Raphinha deal is a bit of a different one, it would not make sense for him to choose Barcelona over Chelsea, but it would also make sense in the way that he could be playing a lot more with Barcelona and would be cared a lot more. Instead of being a "liked" player in Chelsea, he may pick to be adored in Barcelona.
2558  Economy / Economics / Re: U.S dollar almost equal to Euro on: July 10, 2022, 05:31:23 PM
This shouldn't be a shock to anyone really. I mean look at what dollar has been doing, and look at what EU has been doing. FEDs at least try to do something, what does Europe plan for this situation? I think this isn't going to really hurt them a lot.

I know that it looks like a bad deal, but considering all the things that’s happening in my nation, I feel like this is nothing at all and shouldn't be considered a big deal. Think about it, we have nations with 50%+ inflation all around the world, and Europe is cryignabotu like 10% at max, most have lower. I get it, you never saw that much in Europe before, but it is still a beast compared to all little nations.
2559  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: July 09, 2022, 05:22:23 AM
I think French teams do not lack the "discipline" we think most other teams in Europe have, I do not meant strictly Germany, but something close to that. I think what is lacking is the seriousness in the games itself. They like to win, and when they win it's all fine, but when they are overpowered then they get a shocked situation and it becomes harder to do a comeback.

In my view, I guess if Galtier wants to do something, he first needs to make sure that he instills that "it is not over until the whistle is blown" type of mindset. If he can do that, PSG could win so many more games. They get that shock and start to lose games and start to not play the way they normally play.
2560  Economy / Gambling discussion / Re: Motosport General discussion tread --- Formula1, MotoGP, WTCC, ETCC, DTM..... on: July 08, 2022, 09:15:59 PM
Vettel had a problem with the lines and his record was deleted, but even with that he was like 15th or 16th and wasn't doing fine. Aston Martin should stop whatever they are doing and start doing all they can to get it better, like literally design the whole car from scratch if you have to, this isn't just working.

You can't have Sebastian Vettel on your team and watch him get killed in all of this, dude deserves to be somewhere much better. If he stayed in Ferrari and he raised Charles with him as a veteran, Charles could have been much better today for example. It's just silly to see him racing for such a bad team, he deserves to be treated like a king right now.
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