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281  Economy / Economics / Re: China cracking down innovation on: September 07, 2021, 01:12:19 PM
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I disagree. They do crackdown on innovations because some of the stuff that threaten their party as you mentioned are innovations themselves. Below article basically proves my point.

https://www.google.com/amp/s/www.pymnts.com/news/international/2021/china-big-tech-crackdown-chill-innovation/amp/

However, I do agree with your opinion about Billionaires becoming targets in recent times. The political powers don't want the billionaires to gain more power due to which they are trying to suppress them in this manner.
Yeah, I can see where I did get it wrong. A lot of progressive/innovative thinking is suppressed like what happened during the Tianamen Square Massacre. There's a video essay about this one about the disappearance of Jack Ma and other Chinese billionaires right after their deemed to be offensive by the government speeches or statements, I just forgot the name of the channel and the title of the video essay in YouTube.
282  Economy / Economics / Re: Have you notice how corporations took over the internet ? on: September 07, 2021, 11:27:06 AM
That's not something that we should be worried about, that's their marketing strategy and ploy so it's not like they're in the wrong, what we should be worried is that we are feeding what they give to us like a meth addict, if we start ignoring them, their takeover is going to be useless.
283  Economy / Economics / Re: El Salvador has just bought it’s first 200 coins on: September 07, 2021, 10:36:59 AM
This is a really good action to take considering speeding up the adoption process. People have already been familiar with cryptocurrencies. They just might not be fully ready for using Bitcoin only from now on. But I believe in El Salvador government to continue to take the necessary steps to make people get accustomed to using only Bitcoin in their daily lives. I hope that this process goes on positively and we see some other underdeveloped countries making a similar move for Bitcoin also.
That's the only way, I don't think that the government is going to retract what they've passed already and it's going to be a waste of time doing another hearing about this thing trying to reverse everything. Plus it's not like it's super interfering with their economy.
284  Economy / Economics / Re: China cracking down innovation on: September 07, 2021, 09:33:08 AM
This is nothing new. They have been cracking down on different forms of innovation for sometime now and I don't think this will change at any point in the future. Political power matters more than innovation in their country.

You forgot to mention the fact that they are trying to change the heavenly status of some celebrities too. These moves have both good and bad consequences.
They don't crack down on innovation per se, they're cracking on stuff that threatens their political party, if they were cracking down on innovations then we won't probably see a lot of mega cities in China being built. And they wouldn't have the Three Gorges Dam if they're cracking down on innovation, they crack down on those that criticize them, that's why some billionaires have to be careful with what they're saying because they risk being captured and secretly neutralized.
285  Economy / Speculation / Re: Bitcoin going to $53k or down to $48k? (Bullish Scenario) on: September 07, 2021, 04:23:36 AM
I don't think bitcoin goes any lower than that, probably go back to 50k or at worse 49k but it's unlikely for 48k even if the difference is just around a thousand dollar. The prediction might even not go the right way and the prices only go up further than expected.
286  Economy / Gambling discussion / Re: 2022 FIFA World Cup in Qatar - UEFA Qualifiers on: September 06, 2021, 05:16:50 PM
Wow! The odds of Morocco winning the match against Guinea are 2.05... In my opinion, that's a gift for the gambler! The statistics for the head-to-head encounters between these countries are also in Morocco's favour... Some people call Morocco the second team of France... Cheesy
Given how they're going strong this time, I think that it's a no brainer to put some money in their side since it's going to be a guaranteed win and even if you bet on both sides, you will still be doing a breakeven.
287  Economy / Gambling discussion / Re: Do not make curiosity to people around you while you are playing gambling. on: September 06, 2021, 04:33:53 PM
I am playing alone in my room and I don't go outside just to gamble. There's that much protocol because of the pandemic and it's more handy and effective to be careful to gamble online and even if without someone watching me, I'm good with that setup. Those who are free to gamble without any bad effect with their relationship to their wives and parents, then you guys are lucky because they are open to you as you gamble but not all families have that type of acceptance and openness towards gambling.
That's the optimal way to do that because at the end of the day you are the only one that's going to benefit in all of that. I think that if someone has a family already, gambling should be the last thing in their mind because responsibility to your family is a lifelong commitment and you don't want to be missing out.
288  Economy / Gambling discussion / Re: Credit cards and gambling (tabcorp, Australia) on: September 06, 2021, 03:48:52 PM
Not a temporary fix but it will do plus it will also help with people having to put up with credit card debts that they will incur overtime if they continue using credit cards for gambling.
289  Economy / Economics / Re: Bitcoin is the new gold standard of the future on: September 06, 2021, 02:23:54 PM
If we follow what the gold standard system is and just replace gold with another thing, it still won't work because it's still the same principle and remember that gold standard was removed because it's ineffective.
290  Economy / Economics / Re: Where to invest my 10,000 USD on: September 06, 2021, 01:09:55 PM
You're not fairly new to the forum so I assume you do know your crypto so it's kind of baffling to me that you're still asking for what to do with your money online, I suggest that you do what you want to do because you can't blame people at the end of the day when you invested in what they say.
291  Economy / Economics / Re: Tulip Mania 2.0 on: September 06, 2021, 12:00:08 PM
That's my argument too when someone says that bitcoin or worse, cryptocurrencies are like the Tulip Mania, I always say to them that how come bitcoin's going to be the same when it has been a decade since the genesis block and the original Tulip Mania only lasted for about 2 or 3 year iirc.
And with that kind of argument, they won't be able to counter it because they're incoming argument will be stupid and it's not like bitcoin has given evidence or proof that it will last forever.
292  Economy / Speculation / Re: Bitcoin Bull Tamed on: September 06, 2021, 10:27:57 AM
bitcoin has broken the 50k benchmark frequently and even at the moment, the price of bitcoin is still above $50,000, which still represents a full scale bull market.
Well, if it's hovering around the 50k resistance.then problem bitcoin market is having a hard time doing what they have to do which is break through and set another point to stay or hover around. But either way we think of what's happening to the market right now, I don't think that we have anything to worry about as bitcoin's only way is up.
293  Economy / Speculation / Re: Crypto will rival or replace crypto in 10 years? on: September 06, 2021, 09:42:04 AM
I think cryptocurrencies will replace or rival fiat money in trading. Cryptocurrency as a trading tool is still in its infancy, but it seems that the next 10 years will bring new innovations that will make it possible, as will the use of fiat currencies.
It's not rival but replace, no way in hell that fiat rivals cryptocurrencies when it comes.to trading because look at how exponential the growth and possible profit you can get from cryptocurrency compared to fiat. Not to mention that fiat is also affected heavily by inflation.
294  Economy / Speculation / Re: Bitcoin = 100k by December on: September 05, 2021, 12:04:43 PM
It is hard to believe now that the bitcoin price will reach 100k$ by the end of December, because there are only few months away to December and the Bitcoin price is still at 50k$, I saw that the market is good and still bullish but the time is really short I think we will see another ATH but not 100k$ it will be 70k$ to 80k$.
Believe it, didn't bitcoin reached 20k in just a month or even a day? So as long as there's still a day in this year, the price will still always have a chance to go up. And if it doesn't go up to that point, there's still always another year for it to go up again. Maybe you're right that it's not the time for 100k to happen this year.
295  Economy / Economics / Re: Are Renewable Energy resources the future? on: September 05, 2021, 11:11:51 AM
why theres still getting energy from fossils if renewable energy is sustainable ?
 it only means isnt because the energy that we get from renewable can be weak and there are factors that affects it like weather and climate change .
it was like crypto and fiat we need both of them but it was adviced that we can prioritze the use of renewable energy because its more greener .
It's sustainable but it's intermittent, you know, some days there's no sun to fuel your solar cells, sometimes the wind isn't strong enough to generate power. But we are slowly getting to making it work 24/7 and 365 days, plus we also have that problem with storage, we need a more efficient batteries and energy storage so the surplus energy that these renewable resources produce doesn't dissipate.
296  Economy / Economics / Re: New York Mayoral Candidates Turn to Crypto for Votes on: September 05, 2021, 10:06:39 AM
Too bad their focusing too much on crypto to garner votes when it shouldn't how it should be done in the first place, remember that there are other pressing issues in the city like systemic racism, rampant crimes and drug abuse and many other things that's more important to be solved than just hoping someone will vote for you just because you support crypto.
297  Economy / Economics / Re: Bitcoin is one of the saviors. on: September 04, 2021, 05:03:10 PM
This is a two year old discussion, pretty sure that it's not worth that much bumping it again, seems that there's no point since the replies are all the same in regards to bitcoin.
298  Economy / Economics / Re: Masters in Blockchain and Digital Currency on: September 04, 2021, 04:29:21 PM
The world is crazy about crypto, if these courses are useful and in high demand, surely in the next twenty years, job opportunities will be extremely bright for those who pursue these fields.
It's a bit of a risky course to be taken though, things that we wished to happen would probably not happen, what if crypto totally collapses in the next 15 years? We don't know but at the same time we also want to pioneer in this industry so you can make more money.
299  Economy / Trading Discussion / Re: Trading skills on: September 04, 2021, 03:43:31 PM
Well, I have been doing a lot of research lately and am developing new trading skills I will put to use any moment from now. But again, I still rely on the comments of users on this forum to guide me in some processes that have been gained through their experience.
Remember to take the advices in the thread and in the forum in general with a grain of salt because not all the advice works for every person in the market, pretty sure that some of them might even be using those advice as a way to see if their theory is right.
300  Economy / Trading Discussion / Re: Always pump after sold holdings. on: September 04, 2021, 02:26:47 PM
I don't know if it's a valid reason but it's likely that you're analysis is wrong or that you've hit a good streak with Lady Luck and hit multiple coincidences or a much rational reason is probably, you've sold too early or along the run of the market that's why when you sell, the prices are still going up.
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