Minor F1 update. The fact is Ferrari have no chance in 2020, with a shortened season and from a position so far behind Mercedes - where they are actually getting lapped in a race! Equally they have little chance in 2021 with the restrictions that have been put in place for that season due to the Covid19 pandemic. Perhaps with enough little changes they could be competitive in 2021, but it's a lot of effort for a single season before everything has to start again. I think the focus on 2022 makes absolute sense.
Confirmation of the above has now come from the Ferrari chairman (John Elkann). Ferrari chairman says team cannot be competitive before 2022"This year we are not competitive because of car design errors," Elkann said.
"We have had a series of structural weaknesses that have existed for some time in the aerodynamics and dynamics of the vehicle. We have also lost in engine power.
"The reality is that our car is not competitive. You saw it on the track and you will see it again."
Elkann said that Ferrari supported the decision taken at the height of the coronavirus pandemic to delay new rules aimed at closing up the field until 2022.
But he admitted that this decision, and the fact that teams have to use the same cars again in 2021 as this year, would penalise Ferrari "greatly, given that we start off poorly - and we must be realistic and aware of the structural weaknesses of the machine, with which we have been living for a decade".
He also addressed the team's decision not to renew Vettel's contract and replace him for 2021 with Spaniard Carlos Sainz.
"In the past 10 years we have had champions such as (Fernando) Alonso and Vettel, who have been world champions," Elkann said. "But it is undoubtedly more difficult to rebuild a cycle and ask patience to those who have already won compared to those who have the future ahead of them.
"We are laying the foundations for building something important and lasting, and the contract we signed with Charles proves it: five years, never so long in Ferrari's history.
"Leclerc and Sainz will make Maranello their home, will be close to our engineers. The new machine will be born with them." It may be that this year and next both turn out to be a Mercedes procession, although Mercedes have said they're unsure how their car will perform in hot conditions, and there was that potential reliability issue from the first race... |
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Defence is probably where most teams need something, in the Big 6 anyway, but getting a Van Dijk is not something easy even for Liverpool they took a gamble with him and Alisson.
Yes, it's fine margins at the very top. If a new player turns out to be merely 'very good', then that is not enough when all players need to be 'excellent'. This is a part of the reason why it's often difficult for a good young player to emerge at a very top team - there is a lot of pressure to be a world-beater immediately. |
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BTC has had great returns based on year to date
Year to date is probably not hugely relevant for something as volatile as bitcoin. It's up over 100% since late March, and is at roughly the same price it was a year ago. If you're looking for a good way to visualise the price trend, I'd say use CMC with the chart set to 'all-time', and use a log scale so that historic data at lower price points doesn't just smear into a flat line. |
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I think the reason for the ETH increase is partly because staking is getting closer, and partly the FOMO around DeFi. Then once ETH started to increase dramatically in price, this caused other alts to increase as well. And then when alts had been increasing for a while, this caused a bitcoin increase... and as people moved their money to bitcoin, ETH obviously slowed down again. But it was ETH that started all of this upwards movement, probably the only coin other than bitcoin that is strong enough to move the whole market.
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fact some Chinese guy decided to eat bats
The reason this happened is that China's economy has advanced very rapidly and unevenly. 1) There are people living and working in big cities, travelling abroad, living in the same way as the Westerners. 2) Equally, there are people living traditionally on the land with a lifestyle that has not changed for centuries. If you have just #1, then likely no Covid19. If you have just #2, then likely Covid19 develops but stays limited to a very specific very local area in rural China, and dies out. It's #1 and #2 together that caused the problem. Not saying it's impossible to have a global pandemic without both factors, we've obviously had them before, bubonic plague etc, I'm just saying the combination of both factors makes a pandemic much more likely. Why we don't see more cases in China ? Do to fact commies always lie about numbers ...
People in authority have a tendency to lie about numbers. China, US, UK, most nations. |
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it does not have any exact coordinate in space (defending this point of view, science says that knows only the area of space in which this particle can be at any point - ONE!!!). Or vice versa, if we know the coordinate of a particle - we have no idea about its physical parameters. So where is the unambiguousness here?
That's how our quantum technology is built, almost blindfolded. And no one is embarrassed by that.
I think there is some nuance here. Quantum properties are well understood from a mathematical perspective; the problem comes when we try to interpret something such as an electron as a particle. An electron is not a particle, it simply doesn't have a definite position. Neither is it a wave. It is a thing that, when we interact with it, in certain circumstances manifests wave-like behaviour, and in other circumstances particle-like. The Heisenberg Uncertainty Principle does not suggest that there is uncertainty because we don't know what is happening, or that the uncertainty arises as a part of the act of measurement, but rather that we can't force particle-like behaviour on an electron. We can approximate it to a limit of the reduced Planck constant, but we can't absolutely perfectly describe it as a particle... because it is not a particle. We understand the maths, and can build engineering solutions based upon it, but we do so without knowing what an electron, fundamentally, is. For example, the apparent contradiction in that it has mass, but it has no physical size. Perhaps we will understand one day, or perhaps our human brains are not wired in such a way to make sense of it. This brings us onto whether the Copenhagen interpretation is perfect (it's not), and whether wave function collapse does actually occur, and then to questions as to the nature of the a priori framework of our perception: time and space. We exist within time and space; it is extremely difficult to define a thing that you exist within and that you have no conception of being outside. |
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Biden is comfortably ahead in the polls, but we all know that polls can be inaccurate, can change, and are not representative of the way the EC works. But probably the most important thing for Biden as we get closer to election time is his relationship with the most powerful man in US politics - Mark Zuckerberg. Past evidence suggests that Facebook will put its full might behind Trump, and could keep him in power. Biden has come out before as anti-Facebook, anti-Zuckerberg, and has suggested revocation of 230. We have the below for example, from a Biden interview with the NY Times in January: Charlie Warzel: Sure. Mr. Vice President, in October, your campaign sent a letter to Facebook regarding an ad that falsely claimed that you blackmailed Ukrainian officials to not investigate your son. I’m curious, did that experience, dealing with Facebook and their power, did that change the way that you see the power of tech platforms right now?
No, I’ve never been a fan of Facebook, as you probably know. I’ve never been a big Zuckerberg fan. I think he’s a real problem. I think ——
CW: Can you elaborate?
No, I can. He knows better. And you know, from my perspective, I’ve been in the view that not only should we be worrying about the concentration of power, we should be worried about the lack of privacy and them being exempt, which you’re not exempt. [The Times] can’t write something you know to be false and be exempt from being sued. But he can. The idea that it’s a tech company is that Section 230 should be revoked, immediately should be revoked, number one. For Zuckerberg and other platforms.Section 230 of the Communications Decency Act says that online platforms aren’t held liable for things their users post on them, with some exceptions. In July, The Times’s Sarah Jeong weighed in on proposed updates to Section 230, arguing that “we should reopen the debate on C.D.A. 230 only because so much of the internet has changed,” but “the discourse will be improved if we all take a moment to actually read the text of C.D.A. 230.”
CW: That’s a pretty foundational laws of the modern internet.
That’s right. Exactly right. And it should be revoked. It should be revoked because it is not merely an internet company. It is propagating falsehoods they know to be false, and we should be setting standards not unlike the Europeans are doing relative to privacy. You guys still have editors. I’m sitting with them. Not a joke. There is no editorial impact at all on Facebook. None. None whatsoever. It’s irresponsible. It’s totally irresponsible.
CW: If there’s proven harm that Facebook has done, should someone like Mark Zuckerberg be submitted to criminal penalties, perhaps?
He should be submitted to civil liability and his company to civil liability, just like you would be here at The New York Times. Whether he engaged in something and amounted to collusion that in fact caused harm that would in fact be equal to a criminal offense, that’s a different issue. That’s possible. That’s possible it could happen. Zuckerberg finally took down those ads that Russia was running. All those bots about me. They’re no longer being run.In October, a 30-second ad appeared on Facebook accusing Mr. Biden of blackmailing Ukrainian government officials. The ad, made by an independent political action committee, said: “Send Quid Pro Joe Biden into retirement.” Mr. Biden’s campaign wrote a letter calling on Facebook to take down the ad. He was getting paid a lot of money to put them up. I learned three things. Number one, Putin doesn’t want me to be president. Number two, Kim Jong-un thinks I should be beaten to death like a rabid dog and three, this president of the United States is spending millions of dollars to try to keep me from being the nominee. I wonder why. https://www.nytimes.com/interactive/2020/01/17/opinion/joe-biden-nytimes-interview.html?searchResultPosition=3 |
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Generally I have done quite well from trading, certainly making more profits than losses. Two key points for me are 1) if a coin is moving quickly in price, but there is no obvious reason for it, then be very wary, and 2) don't be impatient, if a trade starts going the wrong way you need to decide if it is sensible to cut your losses or more sensible to wait days or weeks for the loss to turn into a gain.
The biggest mistake I made was not to be aware of the tax implications of trading, which ended up costing me a bit in my first year. Since then, I've traded less.
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China make most of the world's products, partly because traditionally labour has been cheap there, and partly because it is a big, highly populated country. As China gets wealthier, this will no longer be the cheapest labour market... but the vast vast infrastructure they have built up over recent years should ensure that they remain the world's production hub. Nowhere else comes close. World's busiest 10 container ports (data only available to 2018) by number of containers ( thousand TEUs):  https://en.wikipedia.org/wiki/List_of_busiest_container_ports |
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The imminent release of 2.0 plus the rise of DeFi are the reasons that ETH is soaring... and it is pulling other alts up too. Finally, today we see bitcoin also rising and breaking through the $10k barrier. ETH is perhaps the only alt strong enough to pull up the whole alt market, and to cause a bitcoin surge as well. Hopefully this will continue, but we must be wary if the price rises start getting too dramatic too quickly, as we all know what comes next...
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Sad to see them relegated but that's how it is. There are some very good players in those teams like Nathan Ake (Bournemouth), Duelofeu (Watford) , Sarr(Watford), Tod Cantwell (Norwich). I would still love to see them back in PL again if some PL team for next season makes a move on them. There are some rumours on Ake to City and many approaching Cantwell as well.
I wish there wasn't such a financial gulf between the premier league and the championship. It is really unfortunate that those teams that get relegated just seem to lose their best players immediately. The parachute payments are a lifeline, but even so... it is generally the case that whichever teams get promoted to the premier league really struggle in their first season there. I know Sheff Utd did well this year, and Wolves before that were a bit of an outlier... but Norwich and Villa this season were more representative of what normally happens. For Villa it must be seen as a triumph to finish 17th. I would hope the 3 teams that have gone down can hold onto some of their good players. |
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Unbelievable finish over the last few weeks from both United and Villa, and both reap the rewards. Villa are safe, and United managed somehow to overhaul that huge deficit and finish 3rd. We will never know what would have happened had there been no lockdown... but the finish was certainly exciting at both ends of the table. Arsenal was giving me a heart attack today LOL
Yes, that's the sort of craziness we can get in the last round of fixtures... 3 nil up and then back to 3-2!!! |
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Half-time.
Watford are back to 3-1 now, but still look certain to go down.
It's all between Villa and Bournemouth.
I watched the Villa game, looks like they are playing for a draw, very risky but you can understand why.
With Bournemouth leading, there is so much pressure on Villa now. Bournemouth I think less so - by taking the lead (again, at 2-1) they have done all they can.
Villa look nervy - shocking miss by Grealish just before the break.
Tense last 45 coming up in the relegation battle... as it stands, a single goal for West Ham would send Villa down with Watford, and Bournemouth survive.
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AVAX has potential. Cardano has potential. Both are in demand because of the expectation that they will fulfill that potential.
But we have to also remember that Ethereum has a huge huge first mover advantage. And we have to remember that crypto projects don't stand still, and are under constant development. Whilst these two coins do look good, don't forget that the leader is still in the lead, and shows no signs of relinquishing that position.
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I found Cardano to be the perfect investment right now.
1-Because a lot of people talk trash about it (scam, etc) so that drives the price a little bit down which is good
2-No working product yet but a lot of work is to be done with very competent people, so when the product comes out it's true value will come.
3-Everything else...
I do think that Cardano is a good buy... however a reason to be bearish is that it is so phenomenally hyped. A lot of the price is already based on it succeeding... when that may not be the case. We also have to bear in mind that competitor projects don't stand still, particularly Ethereum, which has that upgrade to 2.0 coming soon, plus is the basis for a lot of DeFi. I'm not bearish on Cardano, but I can see why some people are. |
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My Fellow Europeans Indians and Chinese are telling me that they make better products and offer better services then us ...  Economies are not generally segregated like that. Products made in India/China by Indian/Chinese workers are often produced by and to specifications designed by European or US companies. I don't see the point in trying to create tension between different parts of the world. It's just xenophobia and jingoism. Western products are often made in China because it is cheaper to do so. Economies of scale make transport cheap on those vast container ships. If you want the exact same product to be produced in Europe, it will cost more but for the same quality. |
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Heres a good chart to show how population distribution varies to terrority
That's a nice visualisation. Particularly the bottom two images. It does show how simple geographical charting can be very deceptive, and can overemphasise the success of candidates who are popular in rural and less populous areas. There are obviously a lot of complicating factors that mean that a simple 'x% of voters back Trump' doesn't translate very well to chances of electoral success. The 'winner-takes-all' method that most states use means that a lot depends on the outcome in those few crucial swing states, so votes there really have a lot more weight than those in perennial safe states. Here's another chart, this time of the last election, demonstrating how 'winner-takes-all' is not particularly representative of the way that people actually vote.  |
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DeFi now does seem similar to the ICO craziness of 2017, and it's once again ETH that is the coin that sits behind it all, and is once again increasing rapidly. It will be interesting to see how this plays out, as everyone now has 2017 to look back on. Will DeFi become a bubble? Is the ETH 2.0 upgrade a factor to consider, and which might help ETH to maintain a high price without falling back again? Let's see what happens in the next couple of weeks. ETH is at +25% and near $300 for the last 7 days. 2 more weeks at that rate will see ETH at around $470... which could really kickstart some FOMO. We may not have long to wait.
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A new Cato national survey finds that self‐censorship is on the rise in the United States. Nearly two-thirds—62%—of Americans say the political climate these days prevents them from saying things they believe because others might find them offensive.
I'm not keen on the Cato Institute, but the survey result sounds reasonable. Trump is in many ways a one-off, but in other ways his performance is much as we'd expect from a right-wing demagogue. The key to gaining and retaining power is to set various categories of 'poor' people against one another. Blaming everything on immigrants is the most common approach, but stoking racial tensions within a nation is also popular. After 4 years of Trump, we can't be surprised to see that the situation within the society is more tense. |
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look like new project that using DeFi concept are creating their new token on ethereum platform, is very hype now, that why whale taking advantage to pump the ETH price its mostly like on 2017 when erc-20 is very hype to new project, ethereum price is keep high even the gas price is increase and never go down, for me its very good situation for small trader to buy ethereum and getting some profit from this bullish trend on ETH.
It does feel like 2017 again. DeFi is obviously a big thing, and is creating a lot of excitement... but if the price keeps rising, you do have to start to wonder how sustainable it is. I do believe in the long-term future of ETH, but for those who are short-term speculators who use alts to increase their BTC holdings, then this is currently a good opportunity to sell some BTC for ETH and then buy back in later. |
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