I see the question being posed: how bad will the american inflation get? On a level between argentina or the zimbabwe dollar, its anyone's guess.
To be between Argentina and Zimbabwe would mean first going beyond Argentina's inflation which is right now at: BUENOS AIRES, (Reuters) - Argentina's monthly inflation blew past forecasts at 7% in August, and soared to nearly 80% from a year earlier, a government agency reported on Wednesday, despite efforts by officials and central bankers to curb spiraling prices. By comparison, Us inflation is barely 8.2% YoY and only 0.1% month on month. And all this should be happening with oil crashing at 78$ per barrel, the lowest level since January 10th? Nope!  Btw, wasn't Argentina one of those countries that would join the BRICS block and re-establish the new world order or some other Russian garbage propaganda? Personally I do not even remember how many times this has happened so I will have to take your word on this matter, what I cannot understand is how is it possible the Argentinians keep picking the same type of politician over and over again? Have they not understood that any politician promising them free stuff is nothing more but a liar that is planning to pay for this by printing money?
If you're not a socialist and a populist you have no chance of getting elected and run your mandate, simple as that, desperate people will vote for the one that is promising them he will snap his fingers and everything will be better, not for the guy with a plan that tells them the obvious, getting back on track will require sacrifices and a ton of work! So in 2922 aliens will still be puzzled about how to fix Argentina! |
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Due to this, most youth believe education as failed them after graduated for years without a job. Alot of graduate are into transportation and other minor stuff that are irrelevant to thier course of study to sustain their living.
Completely misleading graphic, that's why you never look at the unemployment rate alone: So this is the unemployment level for 15-24  This might lead you to the wrong conclusion that percentage wise twice as many young people are out of a job, while this is the employment level for the same age :  Where you can see that the workforce participation level hasn't dropped that much at all, and if we ignore the drop caused by covid the participation rate was actually hitting ATH records in 2019. |
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Recently I’ve been notified by my local wallets that I might receiving tokens from gamblingand they give me warning to avoid doing it or else they will freeze my account.
Well, you got your answer on what mixe to use, and obviously, I will recommend Chipmixer also for all the above things posted, but it will be nice of you to have reverse feedback on this so others could avoid this from the start. Which were those wallets (or exchanges) that warned you that your funds are coming from gambling sites and that you risk having your account frozen or even losing your BTC? Just as there are solutions to bypass such restrictions it would be better if everybody would be avoiding services like this in the first place, making them go bankrupt, and then maybe he rests will understand the message. The solution is quite simple..... send the funds to several different wallets after you received it from the casino and then send it to your official wallet provider. (I am talking about desktop wallets.... not online wallets)
2 or 3 hops won't solve anything, the source at the end of the chain for all those coins' first input is still the gambling website, even the crappies chain analysis tool will still flag it, what OP needs to do is break the link between these funds. |
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I don't know how "enough is" 150 kwh in EU, here during the summer, in the smallest house ever you are going to need at least 25kwh per day, I am talking about a single room/studio type of apartment, in the winter it's probably 25-30kwh for the same house size, so really, doesn't matter how much you try to save on power, 150kw is going to finish in a week time, in my house, the daily average throughout the year is 100kwh, but we use electricity for everything, we only use gas for cooking and we hardly spend any money on insulation which makes the power consumption that high.
I knew some will say wtf reading this, I bet Americans also would be shocked!  Average household consumption in the EU is ~3-4000Khw a year, ours is lower than the median, we don't use AC that much and heating is either district heating or gas. My bill last October was 277Kwh, for a 107sqm 3bedrooms apartment, and it was around 60Euros with tax, same bill with new tariffs will be ~140Euros, manageable. The concern is for business rates, that's where it's going to hurt and I have no clue right now as absolutely none of the big 3 energy providers here has an offer, it's all "ask/email/call for an offer". My neighbor who runs a car service has made an agreement for 34 cents for 6 months, if wholesale prices go lower and again a few stars align again I might be able to keep mining, but still, I give it like 0.1-1% chances. Back to mining and bitmain, I went back to the first page and saw this: At 21 cents per TH/s that S19j Bitmain offers needs one full year of this flat diff and zero cents per kWh to ROI.
Well, things haven't changed that much despite the gear being 5x cheaper, completely ignoring that S19 with 34$/T and going for the pro, at $1900 and 7.20$ per day fee electricity that's 263 days, 8 and a half months, at 3cent per kWh its roughly a year and a few days. I do agree that this is a lot closer to the actual price that gear is worth, maybe a 30% profit from 1500$, taking into account they might have overpaid for chips? |
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Going down again, not much and can I can see it changing any time but still not the same build-up as last time. Latest Block: 755338 (8 minutes ago)
Current Pace: 97.6626% (1355 / 1387.43 expected, 32.43 behind)
Next Difficulty Change: between -2.3358% and -2.0899%
Pice down, the difficulty might be down, but god!, what new offers for new clients on electricity have been circulating around here.. Get this, one of the "top" offers is at 110 Euros for 150kwh a month without subsidies, of course, the prices are subsidized till 200k kwh at ~25cents but if you go over it, it's 80 eurocents per kwh. Happy mining, everyone!!! Bitmain has dumped the price to 1900 for the 19Pro and I have some real problems understanding this:  What am I missing here? |
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Here is the article source, not just a tweet, and it also has the numbers: https://www.theguardian.com/business/2022/sep/22/bank-of-england-interest-rate-rise-latestAfter a 0.1% drop in gross domestic product in the three months to June as the economy slumped into reverse, the Bank said a further 0.1% decline could now be expected in the third quarter amid a slump in consumer spending and weaker activity for manufacturing and construction. 0.1% drop, run for the hills!!! The apocalypse is coming! Imagine if it went down twice that much, by 0.2, It would have meant the end of the world! |
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Do people think I'm a Little Mouse  lol. Just look at my username LogitechMouse. Can people judge me based on my username . Wait a minute!!! You two aren't brothers?  I'll agree with Loycev on this, if you choose a random name that basically means nothing it's clear you don't care about making a statement with it, but if you choose one with gunman, p**ywrecker, Smoochy Woochy Poochy this does make a first impression you're going to have to work a bit to change. Speaking of names, I remember the story of how people who named their kids after GoT characters before seeing the end felt after that. You might name your kid something that sounds cool only to find two years later his character turns to be stupid or a villain, or even worse just when you think you have found a new cool name for your daughter a wanna-be pornstar thinks the same. Ps, Interpol is searching for 41 Jesus, funny enough they aren't searching for a single Judah. |
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Russia is sending a message here that it is always open for business and that there are many things it can do to get away from imposed sanctions which may have had affected a section of its economy...plus the leadership under Putin wants to make sure that commerce is not put to a halt.
Yeah right... If they wanted to send a message they would first allow usage inside the country, and in case you didn't know just recently: Vladimir Putin Signs Law Banning Digital-Asset Payments in RussiaSo this is not about being open to crypto, it's about letting some entities open to deal with crypto, most likely for those parallel imports they desperately need. It's USSR back again when only a few companies n by the state were allowed to use $ for international payments, but good luck for the average citizen doing so. According to a Thursday report from the Russia-based publication Kommersant, Russia’s Deputy Finance Minister Alexei Moiseev said the government department has agreed “on the whole” with the central bank over a rule that would let residents send cross-border payments using cryptocurrencies. https://www.kommersant.ru/doc/5572328What a surprise: As Mr. Moiseev explained, the essence of the proposal of the Ministry of Finance is that people have access to crypto-wallets, similar to those that are now being opened on the Internet. “Now people are opening crypto wallets outside the Russian Federation. It is necessary that this can be done in Russia, that this is done by entities supervised by the Central Bank, which are required to comply with the requirements of anti-money laundering legislation, and first of all, of course, to know their client, ”he explained. As I said, you're going to be allowed to use it, but first, you need permission. USSR style all over again! |
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@stompix. Agreed that extortion might be the wrong word to use, however, the argument is the same. The economy must be very bad if they begin going after cryptoexchanges again to collect fees and fines hehehe. But the economy in the United Kingdom might not be as bad as the economy of America. The American regulators have begun to crackdown on smaller cryptoprojects hehehehe.
FTX had an income of 217 million a year, Shell had 20.6 billion, do you realize what drop in the ocean FTX is? Besides, it wouldn't be normal, FTX is making money with UK citizens' funds, it's not about getting extra revenue it's about taxing what's normal! Furthermore, this isn't even about taxing, they clearly said they don't want to operate them here without a license, so, in short, we don't give a damn about you go and do business in the Bahamas. If they wanted to go after crypto money in taxes they would have raised taxes and gotten rid of the nontaxable level, right now crypto income is taxed at 10%, and capital gains on residential is at 18/28% for example. Disable tinfoil hat mode! |
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Why Poloniex is included in your list this exchange was a scam since 2017 and it must be removed from your list.
Poloniex has been bought by Circle in 2018, and then by Tron, dumping everyone from the former company and actually trying to play nice with the SEC. It's not that great of an exchange and still does some shady stuff but it's nothing like it was before during the "hack". It might be interesting also to add the counties which are blocked from trading on these exchanges as most of them are not allowing US citizens to do so. |
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I have the feeling that a lot of people want Europe to sink even lower, and that the war in Ukraine will last at least another year, but maybe it just seems that way to me as a mere observer who still feels the consequences of everything on his skin.
The typical mentality of the one envious of Europe, if they are feeling it's too hard to catch up with it and it involves work so it's way better to just pray every day that Europe and the US sink to their levels and then they can be happy in their shithole as the whole world will be a shithole. Maybe I've lived through some much worse things than inflation and recession, so all this seems to me like too much scaring people and causing panic. It's just funny how some people in counties where inflation is 80% , 50% are saying Europe is doomed because inflation is at 10%, they are not sued to this, bla bla, in the 90% we had inflation of over 100%, I don't remember which one was hit hardest but at some point one of the former eastern block went over 200%. We went through 2009-2013 when Europe was supposed to disintegrate, we went through Covid when we were going to be eradicated, f! shit, we're talking about a continent full of people who slaughtered eachanother for millennia and razed cities after cities from the surface of the death and it's still there and some think that a 40% reduction in gas imports will send us to the Ice age! However, there is also good news from the guys from GS, because if we believe their analysis, gas prices will be halved and despite all the announcements that the EU will turn into a big ice sheet filled with penguins, none of that will happen.
Yeah, it's a bit too late for that but maybe it would have saved GoT producers a lot of money to film all the scenes from Winterfell in Dubrovnik too, right? Dunno about penguins but you do have a few mammoths migrating there from the artic during winter each year, right? |
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And I don't expect an ending like you know, but I want to see a beautiful ending for a fat goose laying ten eggs a day, because honestly I don't want to poison them and end up just dying.
The food poisoning is greed. The moment you target a set goal like I need to make 30k out of 5k, this is greed, you don't focus on how much you can make safely you focus your attention on aw numbers because that's how much you want to get out of it, just like setting the goose a target in egg production without caring how much it actually lays down normally. Its nature is more to companies that deal with housing problems, so people are forced to follow their rules, and of course, the purchase becomes the burden and responsibility of the buyer, if they take this route to buy a house. And this means, what? This is where the real problem arises, the person you are referring to also does not fully understand how to invest in bitcoin, even the people around me are not very familiar with bitcoin, so the decision to buy a house prefers this way.
What needs to be underlined is that the company is the first party that owns the capital and simultaneously builds the house, while the second party is the bank as the guarantor for the purchase of the house. It's not a person, it's the market, it doesn't matter if not of all do it, look at what's happening everywhere, you know how much houses have gone up here before Covid, when inflation was at 2-3%? An apartment went from 50k to 200k in the same area with the same space, and that only happened because people had the money to spend! The moment people afford Lamborghinis is the moment the automaker opens a showroom there, the moment people afford 1000sqm house is the moment those are built, the moment 100 instead of 10 afford to spend more than 50 or 100k on an apartment that's the moment when the buying price will be no more 50k but 150k. The moment our wages were no more 400 euros but 1500 euros there wasn't anybody willing to rent an apartment for 100 euros a month anymore. This is to be straight and not misunderstood, I mean the purchase of a house is a purchase from a private party, they are investors who build houses, while the buyer is free from anyone, but there is an agreement with a second party as a guarantor.
So, I mean houses as dead assets, because they buy houses to live in, not to resell as the first party did.
Well, on this basis I think people should learn more about bitcoin investment, when the investment they plan goes well, then to build a house there is no need to follow them, but we can build our own with the size and model we want.
No, the buyer is tied to the seller, If nobody wants to sell you a house for 35k you won't get a house for 35k! No seller cares what you do with that house, that's not their business, the business is selling you a house and if somebody realizes that because of a golden goose 35k is peanuts money, a tip that you leave your cab driver then he will ask for 35 million! Demand and offer, simple as that! My focus is here So the point of my post is buying a house as a place to live not for a business and that's why I say if someone invests in bitcoin at the right time, then there is no need to buy a house from them (the company).
Because we can build our own according to the wishes and sizes we want
And in the end, you will still buy that house from somebody cause you won't live in a bunch of lines of code. With your investment nothing changes but the amount of money you have at your disposal, it doesn't change the amount of house for rent or for buying, it doesn't change the ownership of the current houses on sale. |
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I think the US economy is growing because of speculators more than anything. Most companies in the US seem to be trying to aim for global reach while a lot in Europe are more interested in more local endeavours imo.
There's some larger tech firms in Europe though (like Spotify) but they seem to be more focused on one or two ideas than trying to invest in everything and grow monopolies.
There are others, far more important that some music providers that hold monopolies in important sectors worldwide ASML Holding, basically holds complete monopoly over lithography equipment Arm, despite being bought by Softbank it's still a British-based company listed on FSTE Those two stop dealing with you and any country is sent back to 90s technology. As is often said here - there's almost a whole world outside of Europe and the US. That's only 1/7th of the population.
There might be a world with 6/7 of the population but with 1/7 of the money. I tend to agree with this. The situation in EU is far from great, but it may not be as bad as some expect.
No way, you mean we won't freeze to death, then be reborn as zombies to starve to death only to revive again do drive carts with horses and rely on food help from India and Iran as some armchair generals and macro-economics specialists are saying around here? Wow, just wow! |
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There were in the past legit cloud mining companies. 1, maybe 2-3, I don't know. But I don't think that any legit cloud mining is still operating. And even if it would work, investing there is still foolish, since one may get ROI one week after the end of the world.
So it's also no.
There were only two of them left, viabtc which closed last year its renting service after the China ban, and Bitdeer (Bitmain) who is still operating but hasn't offered new contracts for two months at least, and based on the last screen I got from them everyone that bought his plan from June is now losing money with the power costs and hasrate costs. In the past it was tempting for large farms to offer this, you got upfront money which you could use to expand, that's how both the above envision their business but, surprise, at this price it makes no more sense to expand and all the troubles with 1000 customers from which you will get pennies in return are not with it. Of course, there is also Compass Mining, but, just no! |
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Is this another government extortion scheme again? This would not be shocking hehehe.
What extortion? Are they holding a license for their activities, if so yes it's no extortion it's an abuse of power, but if they don't it's something the FCA should do as that's their job. So, has FTX a license, if not why should they be allowed to do it? They just managed to get a Cyprus license that isn't worth the paper on which it's printed and now they think, well if Biancne managed to trick everyone they are based in Malta and full license and regulated and nobody did shit, why can't we do the same? I'm really getting tired of those exchanges bitching about everything when all they do is fleece their users with fees after fees, push some shitty tokens down our throats by charging 10x for Bitcoins withdrawals, spending millions in creating some "stable" coins but when it comes to implementing something like Lighting network....crickets! |
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On the one hand, it is clear that he puts his money where his mouth is, he cannot be accused otherwise.
His money? You mean money he got in loans in the name of his investors! If MicroStrategy goes down it's not Saylor who will be going to be the one counting the losses it's the guys who loaned MS money and the guys who invested in that company, it's the same with Bukele, he didn't buy coins for Salvador from his pocket, he used government funds, aka people's money to do it. It's pretty easy to be bullish and not care about the price drop when it's actually not your money at stake. I am not quite certain why Michael Saylor continues to buy bitcoin right before a dump begins. If bitcoin continues to dump he might become a forced seller and be forced to dump some of those coins to control his losses. I reckon an investor must sometimes reduce the size of the investment to keep much of it away from risk.
If you print money or shares and you don't care about them as long as you get $ which you can use however you want it's pretty easy to ignore that, how many times have we seen companies issuing shares after shares, getting tons of investors money and then delivering nothing with anybody facing any punishment for that? Look at what Faraday Future has done to billions in investments and despite losing all the money the next month they got another one and lost that money again and so on for 7 years in a row. And despite that, they still got listed on NASDAQ where their shares are down 92% to date. |
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Las Vegas was built in a desert. They turned a wasteland into a casino/competitive sports hub. I don't have the specifics on how they're able to import water to supply the city, but it can be done.
Maybe because despite being the desert , that's no desert made out of endless sand dunes and you have a lake as big as the city fed by the Colorada river just 20 miles away from the city?  That is correct Vegas is built on sand, so is Dubai and Singapore.
Singapore is even very beautiful with so much green and they did by importing soil from other countries.
Singapore is built in the desert...omg! Never heard of a desert with those characteristics: Singapore's climate is classified as tropical rainforest climate (Köppen climate classification Af), with no true distinct seasons. Owing to its geographical location and maritime exposure, its climate is characterized by uniform temperature and pressure, high humidity and abundant rainfall. What if a techno city of the future forked bitcoin. Then limited mining exclusively to the city district. Allowing only city residents to mine it. That could be one path to recreating the early adopter days of crypto mining while reserving control of a crypto token inside a city or specific region's borders. The number of miner's a single party can own could also be capped in an effort to prevent it from becoming too monopolized and centralized.
Restricted mining to only selected few, closed borders, capped share and equal distribution, total control in the hands of a few. I already have the best name for the city and the coin, with such characteristics they can be only called Pyongyang and Kimcoin, are those taken by |
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I prefer to take two pieces at once, the golden goose and the egg, because it will breed in the future  Yeah, and you will end up food poisoning the obese goose you're forced to make 10 eggs a day, we all know how this ends. Since this is a discussion about the house as a place to live, it can be concluded that there is almost no income value from previous purchases, because basically a residential house is a dead asset that has no income value.
It's not like people turning 5K into 30k in buying some coins in the next three years, as long as the coins purchased have good potential value and movement. So it can be concluded that the benefits obtained will be maximized in the future, in accordance with the involvement in the investment taken. Nope, no way I'm letting you avoid this question. You presented this as a solution for everyone to ditch loans and invest in Bitcoins because in 5 years they will turn 5k into 30k, you words not mine: Just imagine, if we invest $5.390,11 in bitcoin or in altcoins, if the return on investment is maximum and we do it at the right time, then to make one house no more than 1, 2 or 3 years running time, without having to wait for repayment annual fees that run according to the agreement. So again, I'm asking you if this would be possible, why would anyone sell you a house for 30k when he invest 5k and get 30k by doing nothing? Why do you think inflation happens: People have more money, there is a limited offer for their demand, and prices skyrocket! The exact same scenario will happen in your example, who will buy the land work to build the house, and do all this when they could simply turn 5k into 30k in 3 years with no work? Just as in order to make a profit from bitcoin somebody must buy that from you, the same happens with a house, it's not a dead asset as you have to buy it from somebody, just as how you're unwilling to sell your coins now for 10k a piece that guy won't sell you house for 30k. |
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Self-reliance is just a dream, impossible to realize in today's world.
Although I agree with that in principle, when you already mentioned Japan, I remembered an example of an office building that contains 43 000 square feet of area for growing about 200 different types of fruits and vegetables. I was really fascinated by such an approach, which not only produces food for the employees, but also creates a very pleasant working environment - except for those who don't really like to be in the natural environment. https://archello.com/project/pasona-hqHihi, this is one of those 1 in a trillion situations when the close to impossible happens, and, yes it did! I was curious about how the building looks from the street view and guess how google maps greeted me: Pasona Tokyo Headquarters Permanently closed※Urban Farm’s original address, Gofukubashi Building, was closed in June 2017 and subsequently demolished. Pasona Group Inc. has moved to the new location. Well, they tried, god knows how much money they've spent on it cause they didn't replicate that stunt anywhere else. So I guees this counts as a shattered demolished dream.  |
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