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2601  Economy / Economics / Re: The Russian Federation fails to repay debt - 100 million USD unpaid on: June 28, 2022, 06:01:36 PM
I do not think that they care about this that much. These are type of money that they would be able to pay with their eyes closed, there is absolutely nothing wrong with the debt and they could pay that easily in a single signature with a swift move. This is a nation that has thousands of people with 100+ million dollars, and this is also a nation that has much more in the coffers as well, so they can pay this easily.

However, they prefer not to because they basically decided that if the west doesn't want to work with them then they do not want to work with the west as well and they are going to just play the bully like they were expected to.
2602  Other / Politics & Society / Re: US Gas sales to China dries up as Ukraine war halts Energy trade on: June 27, 2022, 09:26:18 PM
I mean it would make a ton more sense right? Russia is right there, whereas USA is all the way on the other side of the world. It would be much easier to just get those gas and energy or whatever really from Russia instead of any other nation. Plus with Russia in war, they are sanctioned and they  can't sell their gas to too many places, hence they would be willing to do even discounts to china as well.

This will result with China preferring Russian gas for a decade or longer and they will not care about American politics. Sure China and USA had a "trade war" before, but this would be like trade break up Cheesy I know that sounds silly, but China just found a hotter and sexier gas provider, and they want to go with that.
2603  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: June 27, 2022, 07:28:05 PM
It will not be "easy" for Juventus to recover from this past 2 years, but they will not be terrible team neither, they will be fine. They will probably fight for a title like everyone expects, but they are not going there easily, I would say they would be third behind Milan and Inter. Those two teams have been great for the past 2 years and they do not look to be getting any worse neither. Hence, why I believe that they would be pretty good.

Overall, I think the best case Juventus has is getting players that would be not too expensive and would allow them to grow better overnight. Di Maria talk matters because of this, he would make them a lot better, and shouldn't cost too much.
2604  Economy / Gambling / Re: around 1.6 billion people worldwide gamble, What about a poker gamefi?? on: June 27, 2022, 06:48:54 PM
It has been tried a million times already. I said the same thing to my friend as well and said that the best way to do it would be DeFi method where you allow people to own it. But then marketing becomes a problem since there isn't really one owner who will decide all of that. Think about it this way, you create a casino, and 50% of it is owned by the public, and whatever the house wins, goes to the bankroll, which is governance ownership hence if people want to cash that out, they will do that all together, if they do not want to, it will grow bigger and bigger.

The other half is owned by the creator team, and they use that income to do marketing, I would highly doubt it would make sense, since that's centralized casino just like any other, just 50% centralized instead of fully. Would you really want to spend money on that? Well it has been tested, and people preferred not to do that at all.
2605  Economy / Gambling discussion / Re: 2023 NBA Season on: June 26, 2022, 09:35:01 PM
I think even with Durant Blazers can't win. Not because they suck too much, but they really do not have the pieces surrounding them. Dame is a great great player without a doubt, and Durant is.. well Durant. But just two players is not enough to win a title and we have seen this with Nets as well, just recently hence why think that Blazers can't win a title.

Definitely they would be miles and miles better there is no doubt about that, but just because they are better doesn't mean that they will win a title. They would need a ton of players from free agent to take minimum in order to keep it going, which would be a difficult thing to do since not many people would want to go there.
2606  Economy / Economics / Re: Difference btw CBDC & BTC (Simple and short explanation) on: June 26, 2022, 03:29:54 PM
This is a good infographic to teach people the difference, but the reality is that we shouldn't really compare the two in the sense that "which one should I invest", because that is not how people will approach it. The reality is that the best thing we could do right now is to accept that there will be people who have both of them at the same time, and there will be people who will hold only one of them.

This is why people trying to say "cbdc is not good, buy btc instead!" will be disappointed about it. There will be plenty of people who will have cbdc and not buy anything else, and there are plenty that won't even take look at cbdc, and we just need to accept both.
2607  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Hello Guys what you think about bnb.can bnb hit 1000$ soon or not.i think bnb hi on: June 25, 2022, 09:01:15 AM
If you never saw BNB hit above 450 then you missed out on its ATH, we peaked close to 700 dollars at the top. Also this isn't a question about what it did, it is about what it could do. Meaning, in a world where bitcoin is 100k, eth is 10k, then why not bnb at 1k? That is a possibility and it WILL happen one day. Will it happen soon?

I doubt that, I do not think that it will happen anytime soon, earliest I can assume would be 2023, probably more like early 2024 to be honest. That is why I am not going around telling people to buy bnb right now, or any other coin, do what you do. But, I know for a fact that when the time comes, everyone will be getting some anyway.
2608  Economy / Speculation / Re: Was 17600$ was the bottom ? on: June 24, 2022, 09:34:24 PM
Looks like we are doing fine. Many people are scared that we could still drop and this could be a dead cat bounce, and I have to say there is no way of knowing if it is or not. However, I can say that it is definitely looking like something that would be very dangerous for all of us if it turns out to be that way.

I think it is doing a good job right now where it is, and if this goes on for a while longer then we will be doing fine, it is going to take a while to learn if it is doing great or not, but that means we are not going to get an answer right away. Let's wait it out, it will be a great situation to wait, and it will result with a good answer eventually.
2609  Economy / Gambling discussion / Re: 2023 NBA Season on: June 24, 2022, 09:16:49 PM
I believe this year's draft will not bring in any superstars at all. I watched the "highlights" of the top 10, maybe someone out of top 10 could shock the world, but I watched top 10 only, and I can tell you that nothing really stood out for me.

These are highlights, so it supposed to be the videos that shows the best moves by those players, show their strengths, you do not see them missing 5 times in a row there, you see their dunks, their great shots, their blocks etc etc. And even with that, I didn't see any player that looked like it would be great. There is a tiny chance that rockets may have found a guy with jabari smith, but that is not because he looked special, it's because he fits their current core, nothing more.
2610  Economy / Gambling discussion / Re: ⚽UEFA Champions League Discussion Thread -- 2022/23 | Qualifying on: June 24, 2022, 08:05:20 PM
PSG is a bit further out if you ask me, City lost it very close during semi finals, last 2 minutes and two goals saw Real Madrid go further, if we remove those, we are going to see them doing much better. However, PSG is not like that, they lost to the same team so I cannot really blame them, but they have tied a lot of money into the team they have, so it is making their job harder to keep it going, you could remove one player from City and add another, doesn't matter who that player is, but if you remove some players from PSG, then they become horribly worse.

It would take a great manager, and I mean like a world star levels of manager to bring that team to its success, great roster, but definitely a ton of talking heads, a manager could set them straight.
2611  Economy / Economics / Re: Bitcoiners are protecting, while EU nations are destroying the environment on: June 24, 2022, 07:29:09 PM
^^This is very true, bitcoin is a danger to many rich people, and that means many powerful people who are in high places of politics also hates it since those rich people bribe them (or some nations have rich politicians directly without bribery but just taking the money directly from taxes) and all of this means that bitcoin needs to go.

If bitcoin and crypto goes well enough into the future, then these people will realize that they can't force people to use the fiat that they have an unfair advantage, and that is why people may run towards crypto, making those rich and powerful people, poorer and less powerful and that will cause a lot of trouble.
2612  Economy / Economics / Re: UK inflation hits new high of 9.1% as food and energy price surge persists on: June 24, 2022, 06:46:34 PM
It is going to take a while but the world will do better I can guarantee that. Banks are increasing the interest rate, which means that we are going to eventually see a situation where people will be putting most of that money into interest, and there won't be much money left in the market, meaning gas prices and food prices all of them would have to stay. They won't go down that easily, that would probably not happen, I am guessing that they will just not go up like it did for the past few months.

If we can handle that, then we are going to be doing something decent and it will definitely not be that terrible. If that's the case then food prices and all prices will stay, our wages will grow, and we will get used to all of this.
2613  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance signs Cristiano Ronaldo for exclusive partnership to push NFTs on: June 24, 2022, 05:49:39 PM
Maybe just a tad bit too late? I mean don't get me wrong there will be a billion fans out there who will be standing outside trying to get a feeling out of any of this. But, that doesn't change the fact that I would not be doing this just for the money, probably never for the money.

After all of that first initial hype is gone, and the "it's ronaldo nft!!" people already bought it, then we are going to have a calm period where it will probably not worth as much as it did initially. Plus if they did this like a year ago for example, it would have collected at least twice as much as they could now, still a lot of money today, but not nearly as much as it could have been.

Ronaldo is a guy that sold like 100+ million dollars in jersey sales last year alone, if you could get his jerseys sold that much, then I am sure that his NFT would probably get sold a lot as well. This is why it is going to be fine for now, but not a great idea in the long run.
2614  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: June 23, 2022, 09:43:14 PM
I still can't really "understand" how they convince the other teams. Look I get it, the Noussair was a free one, that is understandable and that's okay, sometimes you get players from free transfer. But, how the hell do you get 100 million worth of mane and ryan, for just 50 million? Why do teams let Bayern take these players for such a cheap amount?

I would understand Ajax to a point if they were in financial crisis or anything and needed some money, but Liverpool is well known to be in big profit. Those guys are making a huge profit every single year, and they are winning many things and they are rich. So why give Mane for such a low amount compared to what he is really worth?
2615  Alternate cryptocurrencies / Altcoin Discussion / Re: Enjin Coin enj price prediction (After the bear market in 2025) on: June 23, 2022, 09:03:35 PM
Enjin is basically an "engine", that is the thing that makes it so interesting. This is not really a "metaverse" coin but more like the engine for creating metaverse projects, allowing people to use Enjin to create games that would change the world. Of course not many projects pick it hence why it is not so high right now, but I have seen what could be done with it, I have seen the limitations of what enjin provides and that is much vaster than any other project that I have seen so far.

It means that if one day some great gaming company realizes this and uses it, then it will be awesome for them, if not then they will stay low for a long time until someone does or dies eventually.
2616  Economy / Gambling discussion / Re: 2023 NBA Season on: June 23, 2022, 07:20:18 PM
It is "possible" for Lakers to get Kyrie. There is talks that Kyrie talked with Lebron to smooth things over, we all remember how he forced his way out of Cavs which caused them to not be good at all, and eventually resulted with Lebron leaving.

I guess that Lebron and Kyrie didn't "hate" each other, but they were not friends neither, and this talk may have been about that. If they could find a way to connect Westbrook and KD, that would be weird, they had plenty of fights over course of many years during Durants Warriors years. So, this is a very drama filled trade talk, which has a history, don't know if all of that could be all agreed upon before they can do it.
2617  Economy / Economics / Re: Inflation will not fall to 2% target for two years, Fed's Mester says on: June 23, 2022, 06:26:21 PM
It is normal to not fall to those levels that quickly. In fact, it could even hurt you if it hurts that quickly, meaning if the prices stay that way and do not go up, the growth would be stopped and that would hurt the economy as well, nobody would make a profit.

Definitely 2% is great, but it is great when it is there forever, if you could lock it for the next 100 years that would be insanely great. But if you go to 7%+ and your gas prices increase to a whole new record levels, then making the inflation 2% again could hurt more than it helps. This is why it needs to be dropping small by small, lower and lower, which will make sure that eventually it will be there but since it has been a while, everyone will be ready.
2618  Economy / Speculation / Re: Bear Market Opportunities - Forget "When Lambo" on: June 22, 2022, 08:58:35 PM
I agree with buwaytrees here, it is usually a very easy thing to do. Some people have trouble with the whole long term holding things. I feel like it is the easiest way to make money, and it just feels like it is the opposite of hard, you literally do nothing while holding, holding is not a thing that you do, it is just the name we call to doing nothing.

There are some people who fail to do it, don't know why and how, but it just feels like they are not good at it at all. I have been doing DCA for a while as well, and I wish I started earlier, I would love to have a lot more right now, if I had money, I would buy bitcoin right now without a worry at all, it is as close to bottom as it gets anyway.
2619  Economy / Gambling discussion / Re: Premier League Prediction Thread 2021/2022 on: June 22, 2022, 08:29:43 PM
Rapinha definitely worths a lot for Leeds, not because he worths more to other teams and they should pay more etc etc but at the same time if you pay what Raphinha really worths to Leeds, then how could they end up with a player that good, for the same money?

It would just straight up be facing the fact that he would be gone, and they would get a worse player, for near the same level of money. This is why I believe it's logical. On the other hand, Leeds is not doing that much of a team change all the time, they are decent but they really need to get better, last year they avoided relegation barely, this year they need to make it work a lot better.
2620  Economy / Economics / Re: UK inflation hits new high of 9.1% as food and energy price surge persists on: June 22, 2022, 07:24:44 PM
It is not going to go away. We are in a period where gas prices keep on going high, food goes up just because of that basically. You build a farm out of the cities, someplace where nobody lives, and then you need to use tractors which uses gas to collect those, then you put them on trucks and send them to cities, which causes the food prices go be high.

However, as long as there are no cheap oil, gas whatever prices anywhere then we are going to keep living this high priced world and it will not stop. Right now, the whole world is aware of the situation, and they can't really do anything right now, hence we just need to accept the fact that the world will be like this until all thing settled.
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