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261  Economy / Economics / Re: Opportunities During Economic Downturns? on: February 10, 2024, 12:05:24 PM
One good example here is what had happened during pandemic where some economies has been crippled but for some people they can see opportunities that made them millionaires right now because they have done something in perfect timing and of course the smart idea they have discovered and works as planned. These smart people knows how to solve other peoples problem and bring solution to it.
so many business that are selling digital goods like subscription growing so fast back then.
but right now those companies are having significantly lower customers so I think some business does indeed get big when the pandemic since people are spending most of their time online anyway but slowly the business also dying once the pandemic subsides.
but because of that also we have significant increase in development of technology so many people are developing technologies left and right and as a result is right now we got many AI, many improvement in microcontroller and so on.
can't really say that an opportunities for many of us that don't have that much capital to start out business though.
At least they experience a fame or success even just a short period of time, and that is better than not experiencing it at all. It makes them think that the pandemic is not totally bad for them. It's not just that the pandemic have subsided but there are so many business men/women joined the trend and they offer something new. This affects the sales of other businesses.

There are still businesses who continue striving and surviving. They only need to think outside of the box to overcome their competitors. Speaking of competitors, newer technologies like AI is the main competitors of those who work for a company. Pandemic era might be gone, but this is going to be their next problem.
262  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: February 09, 2024, 07:49:55 PM
Real Betis are stronger than Cadiz this season. Real Betis team is in the eighth place in the points table with 35 points in 23 matches. On the other hand, Cadiz is now trying to get out of the relegation zone.

I have checked the statistics of the last matches between these two teams. Real Betis team is quite weak in the face-to-face match against Cadiz. Four of the last 5 matches between these two teams were Betis' home matches. But even in the home match Real Betis players could not perform well against Cadiz. In the last 5 matches Cadiz won two matches and three matches were drawn. Real Betis can't win a single match. So I don't think Real Betis will easily defeat the Cadiz team in today's match. This match is most likely to be a draw. Had Cadiz been in slightly better form I would have said Cadiz would win this match. But this team is not in a good rhythm now.
Cadiz is currently in relegation zone with things are going worst for them and their attack is also worst in last five games they were able to score only in one match and things are surely not good in this match they are playing at home but Betis can steal the show from them because they are eight and their attack is scoring consistently which is helping them if they are going to have good result then surely they could be in position to jump for the UEFA competitions, but Cadiz surely try to have another draw which is also having something positive but still they have to stay into relegation zone because things are not good and if they want to jump out from this place they needed to improve their quality and performance but most chances they are not down and out.
263  Alternate cryptocurrencies / Altcoin Discussion / Re: FTX to refund customers at Bitcoin's prices below $18,000 on: February 09, 2024, 05:54:32 PM
What are your thoughts about this one? For sure those who lost money in the FTX collapse will have to find console in getting some from FTX itself. But I don't think this is fair to their customers if they will be calculated on Value of Bitcoin in November 2022, just saying.

It should be in full and should be based on the numbers of Bitcoin they have in this exchange, in my opinion.
Just like MT GOX but much better.
It's hard to deal with CEX especially those who got hacked and bankrupt.
Ofcourse their fund will be limited to pay it's costumer. I think it's better get some than nothing
Events like what happened to them are tragic, so I won't say one is better than the other but if you mean about the refunds, Mt.Gox have already attempted it before. I'm not only sure if it already processed successfully. As for the FTX, I won't feel positive yet until they truly made their promise a reality.

Hacking seems not brutal as bankruptcy. I already saw lots of exchanges who got hacked and still continue their operations later on but not those who got bankrupt because they don't have any funds left. FTX funds are limited right now but it's not an excuse to not make full payments. They can always prioritize those early investors and the rest can just wait for their turn until FTX had a money again.
264  Economy / Economics / Re: Carbon markets and climate change mitigation, Are we in the right direction? on: February 09, 2024, 04:56:23 PM
I'm not an expert in this science, hearing about the carbon market seems funny. what I have seen in YouTube videos is that to maintain the balance of the earth,  must reduce excessive industry. Due to the growing effects of industrial changes, hot temperatures are increasing and the climate is not controlled. the concept of things like that is just a method that causes itself to become damaged. like rising sea water due to the effect of large ships which continue to increase due to great pressure
Maybe it is truly funny? The OP already said the reason why. I think the problem is not about the excessive industry but it's about how they operate and I don't believe that experts invented that kind of thing only to damage more the earth. They actually created it to reduce the carbon emissions but it's just that there are abusive people who thinks they can make more profit out of it if they build more industries which emits carbon.

The effect that you said there is known as global warming and other than the large ships, the melting of ice in the Antarctic Ocean due to global warming might be another cause for the water level to rise. This is alarming.
265  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: February 08, 2024, 07:23:22 PM
I am pretty sure Roma will lose this game but I don't think the goals difference between the two will be big. Maybe 2 goals difference at best if Roma let Inter Milan exploit their defence line as they want.
I think De Rossi priority in this game will be to keep the defence line strong and count on counter attack in order to get a draw or in the worst scenario lose by a goal. There won't be many critics to lose in front of Inter Milan but certainly not with a humiliating result!
Don't you think this will be a repeat of Mourinho's tactics?  Grin If this happens, then we will be waiting for another boring, sticky match played by Roma. Maybe he'll come up with something new? Although the game with Inter is probably not the best moment for experimentation and there is a lot at stake - if Roma does not lose, they will start looking at the new head coach more seriously.
I have to be agreed with your statement with after having three wins against weaker sides now they are having first game against the toughest side in Serie A and surely expectations are high but still if De Rossi able to have anything positive then surely things could be at the top for him and his team as well if they are going to use José Mourinho tactics for having result for this game this could be also not problem because after long time they are having better performance and if they will be achieved one point from this game this could be also equal to win for them because their stats are going positive, and they are also having some good matches in coming days with Feyenoord are surely serious trouble which needs to be also settled good with having chance for going into last few rounds will be also good.
266  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: February 07, 2024, 08:09:21 PM
Lyon are slowly starting to find something they have been missing in recent times, and they can beat Marseille this time. They also played well, so this result is a well-deserved result. Getting 3 wins in the last 4 matches for me is something that is quite good for Lyon, because previously they were very difficult to get a victory.
If they can maintain and improve their performance like this, I am very sure they will be in a beter position than now. But with a note they must continue to improve.
Lyon is one of the legendary clubs in France but as they achieve few unwanted records in this season surely this is shameful but now after 20 rounds they are having 19 points and their performance is at the better level specially now after Marseille win things are going to be positive for them and most chances we will have them safe in next few rounds with now their task is just keeping themselves at the better level and then bring good results in next season because now it's time for them to stay at positive level instead of jumping for the higher level.

Mostly clubs are suffering due to lack of funds and bad management which is surely now big problem in many leagues, and we need to have checked and balance about this all because wrong decisions bring the worst things for the big clubs as well.
267  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: February 06, 2024, 07:46:33 PM
Quote from: reagansimms
Based on the calculation of points earned in the domestic league, Barcelona is better than Napoli, but overall, both teams are not at their best. Inter Milan are in top form, they are very obsessed with returning to the final and winning the UCL trophy after failing in the final last season. You also shouldn't underestimate Atletico Madrid, this team just held Real Madrid to a draw in La Liga, Simeone team also embarrassed Real Madrid in the Copa Del Rey with a landslide score of 4-2. Inter are better prepared to advance to the next round judging by their performance, but Atletico will try to knock Inter out quicker with their aggressive displays this season.
Inter Milan will surely show som positive improvement that will make people to believe that they are on their way to lift this UEFA champions league trophy because, they have displayed some improvement in some competition to be in the top in the Italy serie A table to ensure they maintain the position till the end.

If inter Milan can disgraced Juventus that is forming strong team in this season and, it was a surprised game for Inter Milan to secure one goal to beat Juventus 1:0 and they still have that strength to beat Atletico Madrid if they have the opportunity to meet again before the end of the tournament.
Inter Milan is surely team to watch in coming matches with their current performance is surely at the top, and they have enough quality to win against any team with in last few months mostly are talking about Manchester City, Real Madrid and Bayern Munich with these teams no one talking about Inter Milan as they are not near these teams but most chances they are having fair chance for the win and their game against Atlético Madrid is surely going to be tested case which will give all review about them if they are able to win then surely they could be in good position and also have good chance for the win.

Atlético Madrid is also not easy team but their performance i surely not near to beat Inter Milan with their home game can give them some advantage but still for the game which is going to play at Inter Milan home could be not easy for them.
268  Economy / Gambling discussion / Re: Risking 1% in Gambling on: February 06, 2024, 02:50:23 PM
I really agree with what you said to allocate 1% for gambling, but that doesn't apply to me personally, why?
if we look at the numbers let's say I have an income of $200 a month so I only have $2 for gambling I think that's an inappropriate price to get pleasure from, the strategy I use is when I have more income than I should I will go to the casino and deposit it
Why would you gamble when you only earn $200 a month? And even if you want to do it, you will have to use a small amount from it because if you spend $50 to $100 on your gambling activities, you will have difficulties with other necessary expenses. You also mentioned that you can't have pleasure with just $2 in gambling, which means that you gamble for fun and pleasure, and one should only gamble for fun and pleasure if they have extra funds to spend on it.

People need to understand that gambling is not something compulsory, you are not supposed to gamble if you are not earning more than enough so that you can cover all necessary expenses, save some money, and still have some money left behind that you can use for your gambling activities.
269  Bitcoin / Bitcoin Discussion / Re: The Future of Bitcoin in a Cashless Society on: February 06, 2024, 02:22:23 PM
We are heading towards a world where cash is mostly gone, at least in the countries that are called now "developed". Cash is not replaced by crypto but by CBDC. Each CBDC transaction is monitored closely by automated systems as part of wide government efforts to control their citizens.

Crypto's role has been reduced to financial instruments like ETF and various derivatives that are used to trade under government control on heavily KYCed centralized exchanges. Movement of real crypto outside of the centralized exchanges is discouraged and can bring the user unwanted government attention in the form of various audits from the tax authorities and other government agencies. After all only criminals use crypto outside of the government-approved exchanges, so the moment their KYCed customer tries to move his crypto into a self-hosted wallet, the automated systems know that there is something fishy going on.

In most countries privacy coins have either been directly prohibited or usage of privacy coins is made impossible in more indirect fashion by special laws by requiring KYC for every transaction of privacy coins making their use pointless unless the user is willing to break the law.

That is the direction we are headed.
Couldn't agree more. People today are happy that governments and institutions are supporting Bitcoin and cryptocurrencies which is why they are creating ETFs and getting them approved but they don't realize that it's all a part of a bigger plan that we aren't able to see and understand just yet but when time comes, we will realize that it wasn't done for us or our benefit nor was it done to push the adoption level but it was all done to make us believe that they are supporting it.

When it's time, they will enforce their CBDCs on us by saying that they have supported cryptocurrencies because of us, and now we will have to use the CBDCs as well and that is when it will all begin, and then even if we move towards a cashless world, the currencies used won't be cryptocurrencies but CBDCs.
270  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: February 05, 2024, 06:59:23 PM
When I look at the matchups I think that the most difficult to predict result can the Napoli v Barcelona and Inter v Atlético Madrid. I mean theory there are favourite of this matches which is Barcelona and Inter. You know Barcelona are having really tough days and Xavi even announced his parting ways with Barcelona this summer. Napoli could make a surprise. Also, Atletico Madrid plays very consistently in Laliga as well as Inter Milan in Serie A, so these two clubs will play carefully, aggressive and defensive, play both of them are equally good.
For me, Inter are not favorites even though maybe you only consider their position in their respective league standings but yes, I still favor Atletico to win. But regarding Barcelona I think it is clear, at least Barcelona still has a more experienced and better squad compared to Napoli's squad. So, even though at this moment Barcelona and Napoli are not in a good trend but still, basically Barcelona is still a team that deserves to be favored to win and advance to the quarter-finals compared to Napoli. Because after all, Napoli's problems are not only about declining performance this season, because Napoli has problems regarding the new coach and also about the squad which is not completely good. Therefore, I believe Barcelona will still have a very good chance of beating Napoli later.
Everyone having his own views and statics about coming matches with few are going with group stages matches performance as well, but currently we can't give perfect predictions about any team with UEFA Champions League is mostly having performance which happen on match day better results many times we have winning teams which were not in frame of win but still they achieve their targets and having winning matches and trophies as well.

Here I agree about Barcelona vs Napoli with most chances we will have Barcelona better and experienced team and can win against struggling Napoli which is having worst season but about Inter Milan vs Atlético Madrid I am sure it's going to be one of the interesting matches in this round with any team can win, and I have personal view both will win their home matches, and we will have winner from penalties which will be luck game.
271  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: February 05, 2024, 05:23:33 PM
Maybe Man United will really repeat last season this season. I mean last season Man United improved from the middle of the season to the end. And maybe this time it will be the same as last season. Onana also made a good save in this match. And there weren't many mistakes made by Man United's back line in this match. And I also hope that the Man United squad can continue their performance like in this match. And it's actually quite rare this season for Man United to win without conceding the ball. But this time they managed to win without conceding and this is a positive thing for Man United's back line, which means it has improved.
In last few matches we have good improvement in Manchester United attack as they are scoring good number of goals, but their defense is still problems for them even in last game they have clean sheet but most their defense is conceding 2 to 3 goals in matches which is surely nightmare for them and if they want to fight for the fourth spot then surely they have to improve their defense which is most important currently they are having 8 points difference from the fourth spot Aston Villa which is surely not easy to cover in remaining matches if they are not going to improve their defense.

Next week is surely going to be interesting as Aston Villa will be host Manchester United and if they will be able to play as they have done at home and have full three points then surely we can expect something positive from them in remaining matches of this season.
272  Other / Beginners & Help / Re: Make reading a habit on: February 05, 2024, 12:34:43 PM
Most newbie’s  like me don’t understand what is means by reading  to understand please with your more understanding can you explain it to us???
What is it that you don't understand about that? This forum, as you can see, is mainly based on texts, which means that you will find posts and messages that are just words with no visuals and stuff like that like social media platforms where visuals are used more than words to describe or demonstrate things. Posting and adding pictures is possible here as well, but it's not used very commonly and to be honest, we are not even used to it as we have been using just texts since the beginning.

So, reading to understand means that you should know and understand what is being said by just reading the sentences and paragraphs that are written because there are no visual explanations available here in the forum. You will barely see posts and threads containing images here.
273  Bitcoin / Bitcoin Discussion / Re: My first Bitcoin on: February 04, 2024, 06:59:46 PM
Five figures a month you say? In what currency if I may ask?
In his local currency, I'd guess, because someone with so much interest and eagerness about Bitcoin and its accumulation wouldn't just use $110 from their salary for buying Bitcoin if they are earning 5 figures in dollars unless they have extremely high expenses and can't manage to save more money than this which again doesn't sound possible to me.

Anyways, congratulations, OP. The very first thing I would tell you is to kindly not keep your Bitcoins or any other cryptocurrency in your exchange wallet unless you are planning to do day trading with it which means buying and selling within short time intervals because exchanges serve different purposes and they are not supposed to be used as wallets to keep your funds.

Electron isn't a bad choice if you don't have a lot of Bitcoin at the moment. You can always upgrade to a better option, like a hardware wallet, in the future when you have more funds to keep. For now, you can use Electron, better than Binance for keeping your funds. Just make sure that you back up your keys and phrases safely.
274  Economy / Trading Discussion / Re: What is your advised for being a trader? on: February 04, 2024, 06:29:23 PM
Trader or no trader, you must be ready to carry out personal research so that one could understand the market more than keep asking people fro reply and explanation on how to do some particular things. We need to be wise or else we might become a problem for ourselves. A trader need to be always ready to take risk. Risks are one of the things that could make us either successful or a failure.
People that knows how to trade very well might have been in the market for a very long time.
A successful trader is someone who takes calculated risks and knows very well how they can manage the risks they are taking with their investments. There is indeed no reward without taking any risk, but one shouldn't take risks that they can't manage or take risks without even knowing how they can minimize the risks if needed.

As a trader, you need to understand each and everything about the market you are trading in and the assets that you are trading, so that you can make quick decisions where necessary. If the market moves either up or down very quickly, and you don't react on time, you will either lose money or lose an opportunity to gain higher profits. Either way, it's a sort of loss for you being a trader.
275  Bitcoin / Bitcoin Discussion / Re: Wrong Moves With Your Bitcoin on: February 04, 2024, 05:14:36 PM
You are making me remember of my friend that has the same reason for disposing and selling his bitcoin. The reason doesn't make sense. He has got bored as well and that led him to sell.

I think that was on 2018 and bored in a way that it was a bear market and prolly he lost hope by that time. A mistake that can no longer be corrected but can still recover somehow through accumulation.
Bored? Lol, indeed it doesn't make sense and it was funny. I think it's clear that these people just jump in the bandwagon. No one briefed them about BTC and most especially their selves didn't do it too by doing a simple research. It won't be that crazy if they only sell their BTC for fiat but they swap it or use the money to other coins which are considered as shit and a scam.

A mistake can be corrected, that is when do the right thing next time. If you say it can be recovered, it is when they still have the coin with them. They still have a chance from this scenario. Accumulation is also/still possible with it. And it can be done at anytime or even when the price is not yet declining.
276  Economy / Gambling discussion / Re: gambling for fun vs gambling for the financial benefit. on: February 04, 2024, 08:44:06 AM
...
Do you really see gambling as more of fun than a means to a financial end?

how much can you put into gambling before it removes the fun aspect of gambling out of it?
any activity related to gambling must always be done for fun. earn? in the long term it is really difficult, only a few manage to be truly profitable, only under certain conditions...
I will not spend more of 5% in gambling activity. Like any other hobby it deserve a kind of limit.
I think having a business is also a type of gambling and I don't think we can be successful with it if we won't take it seriously. And even on a literal gambling in a casino, there are still games that we can be more successful if we take them more serious. The only difference of gambling in a casino from gambling by opening a business is, in gambling in a casino, we can be able to do it for fun and that it is more effective to do if we only use small amounts of money. IDK if using 5 percent in gambling is still under our range, because there is a thread here last time which states that we shouldn't use more than 1 percent of our salary in gambling.
277  Economy / Economics / Re: Leadership and Economics on: February 03, 2024, 08:59:51 PM
what about you, do you agree with the right leader can make your life as a citizen, businessman or an investor comfortable?
There is no doubt about that. A good leader knows what steps they need to take to make things work in the best way for their followers, whether it's about an organization, a company, an economy, or a country, it's the leader and their leadership skills that can make it progress in the best way possible.

When we talk about a region or an economy, a leader would do things that will improve the overall economy, like finding ways for the region to make more money, increase the reserves and increasing the percentage of import and export of goods that can also generate money for them.

A good economic leader will also make sure that their country has the best quality of life for their people so that their people don't migrate to other places just to have a better quality life.
278  Other / Beginners & Help / Re: Are newbies afraid to comment on threads of highly ranked members? on: February 03, 2024, 06:46:24 PM
I've been confused for several days about something that led to this thread. Many may find my subject ridiculous, fanciful, or incoherent, or I may be critical, but I still need to clear my doubts.

I want to give my opinion on some threads when I read threads of senior, legendary, or ranked , but being a newbie, I am afraid to join discussions with seniors, (legendary) members. The scary thing is (though it may be completely wrong to think), I think, can tell me, how a newbie engages in discussions with seniors, wants to give advice, what I know and how little I know. Also, I have a small number of threads that have no merit (that's my main fear). I even stopped commenting on some posts, thinking I might be wrong in my knowledge, even though I was right.
There are two things you need to remember in this forum as a newbie:

1. Some people might always see you as someone who knows nothing, even if you have more knowledge than them, just because you are a low-ranked member. Always ignore such people if you ever encounter them as they make no sense.

2. Always take criticism positively and try to learn from it even if you know you were not wrong in what you wrote or said. Wise people learn and grow, instead of taking things personally and standing in the same place arguing about a single thing.

One more thing, as long as you are not writing something that has already been written, and what you are going to post is on-topic and is logical, you should never be afraid to post it even if the whole discussion is full of Legendary members.
279  Alternate cryptocurrencies / Altcoin Discussion / Re: How would you measure your success in Crypto currency on: February 03, 2024, 12:53:05 PM
success in crypto currency is a big coin dev , owner big market or a very large exchanger marketcapt. for example ETH dev is definitely successful and wealthy. the founder and owner of the binance exchanger is definitely wealthy.
if  not a dev, not an exchanger owner, the measure of success will have different benchmarks and standards.
The last thing that you said is correct. And this why the OP is here because he knows that a lot of users here are not like those you have mentioned. Since you know it already, then why won't you gave your own response? As I or others here are also curious if what have you achieved so far?

For me I'm not having an ambition to own my very own crypto or to own a crypto exchange. But my ultimate goal so far is if I can clear all my debts. It was actually my wife's debts Zzz... But I'm not totally angry with her since some of it still benefited me. You will say " but it's only just a debt? " No it isn't simple as that for ours, since the amount is huge if totaled all and then our income is only limited to be able to pay promptly.
280  Economy / Gambling discussion / Re: FIFA World Cup 2026 :Canada/Mexico/United States: Discussion Thread on: February 02, 2024, 02:49:30 PM
Actually there were many news such as Lionel Messi retired from international football and wouldn't be a part of 2026 World Cup. However now he is still playing in next World Cup qualifiers. But I think this would probably be his last international competition to play. It even depends on if he changes his mind before the main tournament starts and retires even earlier.  Sad

Honestly it would be great to watch Messi in the World Cup one last time. But as he finally achieved a World Cup title with Argentina too it is really hard to be sure of him. It was the last piece of the puzzle in his career for him you know.  Smiley
Most of the time we have nothing about any player and his future because they understand things so they never announces this all with media create hype about them for their own sack right now they are doing work for the Copa América, and we have no officially about his next World Cup participation but most chances if his body allows, and he will be fully fit he will be in this world cup for his team.

His participation could be important for Argentina because he still can lead from the front and have good impact on his team's performance in this big event but if he feels not well then surely he can be announcement about his retirement before this event as well which is always on cards.
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