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3121  Economy / Economics / Re: Every passing year seems progressively worse on: January 01, 2023, 02:37:48 PM
I don't know how to describe this emotion, but every year that passes seems progressively worse than the previous one in a variety of ways.
---
We're now entering 2023, and things aren't looking any better. Inflation keeps worsening, energy and oil prices are extremely volatile, while in our case in Greece and Italy, despite MWH being the cheapest it has been since the invasion, we're holding the record for the most expensive energy prices.

I can agree that financially today we are much worse than 5 or 10 years ago, because we all suffer the consequences of the pandemic and war, and some EU countries are paying an extremely high price for all of this. We have already discussed before what are the real causes of the Greek problems, and I cannot shake the impression that you are paying the debt of everything that was done to save your country from bankruptcy. Unfortunately, being in the EU and the Eurozone has its price, and your country is currently paying it in the worst possible way.

On top of that, a few days before 2023, half of the U.S.A. is suffering a terrible blizzard, with temperatures even reaching as low as -50C. Climate change is real, and it's only going to get worse in the following years.

There have been great winters before, as well as great heat - and if I'm not mistaken, the biggest winter in the past 100 years was during the Second World War, which destroyed the Nazi plans to conquer Russia, and today mild temperatures help Ukrainians to survive this winter, and everyone else in Europe to spend less money on heating.

I'm not sure if everything has gone downhill in the past few years or if I'm overexaggerating and making it sound worse than it really is. Perhaps my sitting all alone in my bed on New Year's Eve isn't helping.

From your perspective, things may seem bad, especially if that's how you welcome the new year, and that's completely understandable. For me personally, last month was extremely positive because of the atmosphere that prevailed because of the world championship, so all the negative things fell into the background. On the other hand, the new year started a bit sad for me personally, because we lost the national currency and replaced it with the euro.
3122  Economy / Economics / Re: The Taste of an Economic Downturn on: January 01, 2023, 02:04:32 PM
Where do you live and what kind of giant secret recipe golden plated onions are those?

I also wonder where the price of onions is so high, and I guess it could be somewhere in Asia considering that the price for the Philippines (September 2022) shows $6.74 per kilo. It seems that for some reason the price of red onions in the Philippines is skyrocketing, and whether it's because they didn't produce enough or they have import problems is still unknown.

Onion price in the Philippines has become the most expensive in the world, based on a global price monitoring website. 
In Metro Manila, a kilo of red onions costs around P280 to P300 based on the latest monitoring of the Department of Agriculture. 
This is more than three folds higher than the global average price of $1.51 (P85.14), based on Global Product Prices. ($1= P56.39; Figures from Google exchange rate)
A kilo of red onions is also more expensive than a kilo of chicken priced at P190. 



As far as food is concerned and red onions specifically, I have my own that I produced last year, and for about $3-4 dollars of seed I produce enough for my needs throughout the year. There is no doubt that food has become more expensive, this was definitely seen this year during the shopping for the holidays, because I paid for everything from 20% to over 100% more than a year ago.
3123  Bitcoin / Bitcoin Discussion / Re: I now accept bitcoin payments in my Beauty shop on: January 01, 2023, 01:33:00 PM
I don't see anything wrong in the fact that anyone who has a private business enables their clients to pay in as many ways as possible, because that way they only expand the base of possible customers. If we know that Bitcoin is conceived as a cryptocurrency that enables transactions between private users without the intervention of a third party, then we need as many people as possible who will start to think like that.

I have nothing against anyone who keeps Bitcoin as an investment and tries to fight inflation that way, but I think it is necessary to find the right balance between the investment and what Bitcoin actually is, which is a currency. If the majority of those who own Bitcoin would pay something with it from time to time, then it would be a more than good sign for others to be encouraged and accept Bitcoin in their business.

Good luck in your business @SatoPrincess Wink
3124  Economy / Speculation / Re: Bitcoin 50% Down Move Incoming? on: January 01, 2023, 01:03:28 PM
It appears someone did not get the joke or does not see how Michael Saylor is presently a running joke in the cryptospace. However whether it is a joke or not, Saylor has always made the wrong decisions after 2020.

For people who think like you, Saylor is certainly a joke in every sense, because a man invests in Bitcoin even at a time when most others are selling, because like every time we are in the middle of a bear market, pessimism is at its highest level, and tombstones for Bitcoin spring up like mushrooms after the rain. Maybe it's good to expose yourself to the end, in other words all the people (including Saylor) have been wrong for the last 2 years because they invested in Bitcoin.

Also on Sam Bankrupt-Fried, I reckon I was also the first person to speculate that FTX was going to bite the dust. I speculated him to be the next king in the cryptospace after Changpeng Zhao. I never considered him to be the most intelligent.

Don't give yourself so much importance, all those who have never invested a single cent in that exchange are intelligent people - all the others do not fall into that category, including you. You didn't consider him the most intelligent person? Then someone else got hold of your account and wrote the following:

I think Sam Bankman-Fried is one of the most intelligent founders in the cryptospace, however, I am starting to be more skeptical about his agenda. In the article, he mentioned that bitcoin may have a future as an asset, a commodity or a store of value. I am scratching my head on what he might be implying in his statement. Is he telling us that bitcoin will not forever be no.1 in market capitalization?
3125  Other / Beginners & Help / Re: BLOCKCHAIN? and wheres the Hash? on: December 31, 2022, 02:55:54 PM
@RobbyN789, STOP with thread spamming, you ask the same questions in several threads and thus only make it difficult for yourself and others who are trying to help you. To begin with, it would be wise if you finally say which casino it is about, because it seems that something is not right in the whole story. Deposits in fiat, withdrawals exclusively in Bitcoin, and finally, as things stand, they do not support "bitcoin addresses".

What they ask of you doesn't make any sense, and maybe they just drag you around without wanting to pay you at all. In any case, even if it is a legitimate casino, it is one of the worse ones I have read about on this forum.
3126  Other / Meta / Re: What one change would you like to see in bitcointalk in 2023 on: December 31, 2022, 02:34:47 PM
In the fight against spammers, I would like to have a new rule - 10 or more posts deleted in one week would mean a temporary ban for 7 days, and three such bans would mean a permanent ban. I know there is almost no chance of that, but if a spammer reads it, he might have nightmares just thinking about it Grin
3127  Bitcoin / Bitcoin Discussion / Re: Do you have 1 bitcoin? on: December 31, 2022, 12:02:07 PM
Hello friends
Do you currently have at least 1 bitcoin?
~snip~

Why would anyone honestly answer such a question, if we know that it is not wise to talk about such things publicly? In addition, the people who have been in all this for a very long time are certainly not so stupid that they failed to understand the potential of Bitcoin for the future, and consequently did not sell most of the BTC they owned.

For those who were weak and sold, the bear market is a perfect opportunity to get back into the game, unless they are waiting for additional discounts.
3128  Other / Beginners & Help / Re: Things to remember for the year 2023 on: December 31, 2022, 11:43:33 AM
  • Avoid clicking unknown emails advertising coin and rewards

This does not only apply to links in e-mails, but also to any suspicious link shared via social networks, whether it is a link posted publicly or sent to you privately. In addition, e-mail for private, business, and entertainment should be separate and each protected with a unique and strong password.

  • Don't invest in shitcoins with false hope

Even better, why not invest in such things at all, because we all know that 99% of such projects have no purpose or meaning. By investing in them, we only fill the pockets of their owners, who will dump their coins at the first opportunity and start over with some new project.

feel free to add your suggestions to help our new members who are still newbies in crypto

Cryptocurrencies are not magical internet money that will make you rich overnight, and everything you hear and see from various "experts" and influencers is nothing more than a smoke screen that tries to keep you away from the real truth. 95% of those who trade with cryptocurrencies end up losing money, 99% of all crypto projects are scams, and if someone doesn't understand after this, then they are really in big trouble.
3129  Bitcoin / Bitcoin Discussion / Re: Bitcoin as Legal tender plan by Fiji's new prime minister on: December 31, 2022, 11:25:48 AM
This is another good step for Bitcoin.

Did you read anything other than the title? The whole news is based on a rumor launched by a retired politician from Tonga who believes that a politician from another country is interested in Bitcoin. This whole idea of Bitcoin as legal tender is completely misinterpreted, because the thing is that this "legality" does not help in the way that most people think.

All that is needed is to enable people to pay with Bitcoin if they want to, no amount of force and legalization will help Bitcoin to be more widely adopted in society.
3130  Economy / Speculation / Re: Bitcoin 50% Down Move Incoming? on: December 31, 2022, 11:15:26 AM
If we use Michael Saylor as a market indicator, it appears @ImThour's 50% dump might become true hehehehe. After every purchase of bitcoin Saylor has made after 2020, the price has always fallen down after. I have never witnessed someone who is supposed to belong to a group of people called smart money to have made this much wrong investment decisions.

Why would anyone use such a meaningless indicator to try to estimate in which direction the market will move? Until recently, you considered Bankman to be one of the most intelligent people in the world of cryptocurrencies (need I quote you again?), and now you think that Saylor was wrong (and still is) in his investments when it comes to Bitcoin? Maybe he should have invested in NTF, DeFi or various shitcoins, so today he would have solved all his worries because he would have lost all the money he invested...

A smart person who also has money for investments invests for the long term, so what seems wrong to you today will probably turn out to be a very profitable investment in 1-2 years.
3131  Economy / Service Discussion / Re: Anyone have been trade with oultrade.com on: December 30, 2022, 03:22:21 PM
I have bad experience with oultrade.com , i am using this site because my buyer insist . I am selling coffee bean and my buyer want to pay with BTC and choose oultrade.com because it has secure deal option.
~snip~

As things stand, that customer of yours is a rather naive person, but so are you because you agreed to such a deal. The domain through which you wanted to do business is only 1.5 months old, and that alone is enough of a warning for anyone who knows how to do the simplest 5-10 second check. Never accept such offers, it is a waste of time and you can still end up in a situation where the client tells you that he has paid and wants his goods - and then you try to explain to him what the problem is.

Domain:
oultrade.com
Registrar:
Tucows Domains Inc.
Registered On:
2022-11-15
Expires On:
2023-11-15
Updated On:
2022-11-17
3132  Economy / Speculation / Re: I have dream This Chart On https://tradingview.com, Is This Correct? on: December 30, 2022, 02:50:29 PM
This drawing of lines reminds me of some things that we often see in some movies, only that the lines are made of powder, which is very expensive, but supposedly helps some people to see things in a much nicer light Lips sealed

Honestly, all that line drawing never made much sense to me, although I don't completely reject TA as a tool that can sometimes be of help in certain situations. It's good that the OP understood that we are in a bear market, and that in such a market one should always expect some new and perhaps unpleasant surprises.

For those who cannot stop drawing lines, I suggest new pills that certainly help Wink



3133  Alternate cryptocurrencies / Altcoin Discussion / Re: Be careful with new projects that introduce new Stable coins on: December 30, 2022, 01:58:41 PM
I do not see any reason to keep your dollars in any stable coin when we have Bitcoin.

From the perspective of someone who is an active crypto trader, stablecoins definitely make sense for all the reasons we already know, but I never liked the whole story about the so-called stablecoins. It's no secret that most of such s-coins have full custodial status, which means that they can be frozen by the issuer at any time, regardless of where they are stored - so they are highly risky.

In addition, even the most famous ones had problems with the fact that it was discovered that they were not backed in the way we thought, which means that someone is printing digital tokens that are not actually worth anything while at the same time claiming the complete opposite. Therefore, it is beyond all reason to believe in such a system that can turn against everyone at any time, so it is logical to conclude that stablecoins are a far worse option even than fiat currencies.
3134  Economy / Speculation / Re: Bitcoin 50% Down Move Incoming? on: December 30, 2022, 11:51:48 AM
I really thought that by now we would be already in an incipient bull market. I was wrong.
~snip~

I remember that you were quite positive about the end of the year, and honestly it was not clear to me why you were of the opinion that anything positive would happen - even though it was before FTX happened, but even without that I think that the moment is simply unfavorable considering the current circumstances in general and the phase in which Bitcoin is always before the halving.

The accumulation phase obviously has to last for some time, and those who have knowledge, power and money definitely want to maintain that phase as long as possible because their bags are never full enough. It seems to me that the game still has the same rules, and that would mean another 6 months of crypto winter, and then the market will move in the direction that many expect.
3135  Bitcoin / Bitcoin Discussion / Re: Bitcoin as Legal tender plan by Fiji's new prime minister on: December 30, 2022, 11:33:59 AM
I hope Fiji will not make same mistake as El-Salvador. Making bitcoin a legal tender is a great step for sure! But replacing their own currency system with bitcoin can be a suicide. That's not a good idea!

Did El Salvador make the mistake you're talking about? The official currency of that country is still USD, and has been for more than 20 years, so no one is forced to use Bitcoin on the client's side if they don't want to. Bitcoin is an alternative to the existing system, legalized to the extent that every merchant must enable it if the client requests it.



I haven't had a pleasure of hearing about him before, but one look at his Twitter is enough to see that guy is full of shit.
~snip~

I don't know how you missed it, but there were at least 4-5 threads in this board on that topic, as it will be the same with Fiji if it becomes relevant in the mainstream media. It seems that positive news is positive even when it doesn't make much sense.

Tonga will probably be the next country to make Bitcoin legal tender
3136  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2022, 04:46:05 PM


When they tell you that Bitcoin is a scam, let them invest in shares of respectable companies and enjoy the profits.
3137  Bitcoin / Bitcoin Discussion / Re: Bitcoin as Legal tender plan by Fiji's new prime minister on: December 29, 2022, 04:35:42 PM
Let's not get ahead of ourselves.

I can't find anything in this article about Fiji prime minister saying anything publicly about making bitcoin legal tender. As a matter of fact, it looks more like a clickbait article based on a rumour started by a Tonga politician who claimed Fiji PM is pro-Bitcoin.

That lord from Tonga is already old news, and every time he appears in the media, a new date appears when Bitcoin will be legal tender in his country - and now he has decided to use a politician from another country, calling him a Bitcoin pro-bull, even though no evidence has been presented that he even knows what Bitcoin is.



I am happy to hear this news,, one by one countries are starting to recognize Bitcoin as a legal tender Wink

When you say one by one, I know of only two, one of which is so insignificant that it is not news at all. Legal tender does not mean that Bitcoin will be something that people will use regardless of what is regulated, and we have many examples of countries where Bitcoin is not legal tender, but has very successfully integrated into society.
3138  Economy / Speculation / Re: Bitcoin 50% Down Move Incoming? on: December 29, 2022, 04:03:07 PM
The crypto winter will continue to 2025 and even beyond.

Let's say that the situation is not very good, but do you think that it is so bad that the price will not recover significantly for at least another 2 years? Does that mean that for you the halving that will happen in the first half of 2024 will have absolutely no effect?

I think that 2023 will still bring some positive change, especially if inflation is stopped and if the EU and the US successfully survive this winter. This would mean that ordinary people will have more money to invest, and they are the ones who need to start the market at some point.



50% crash can always happen, but not because something like that happened in the past, but because of some new extremely bad news.
3139  Economy / Economics / Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’ on: December 29, 2022, 03:46:07 PM
I wouldn't comment this tweet.
This is clearly bullshit coming from an anonymous account with a clear agenda in mind.

There were already several "dramatic" tweets from the same account that I had the opportunity to see in WO, and when I checked what exactly it was about, I discovered that the person from that account was obviously attracting new followers with even more sensational titles, in order to invite them later to join him on Telegram where he is obviously shilling some shitcoin projects.

Of course, Saylor can sell the entire company if he wants to, but to sell Bitcoins at a time like this does not seem logical at all, especially if he recently made a new purchase.
3140  Other / Beginners & Help / Re: withdrawing bitcoin - newbie - advice welcome on: December 29, 2022, 03:08:11 PM
~snip~
But - the reason i want to know is because i have a couple hundred pounds at best in a online casino, played a few slots and won a few quid, but i cannot withdraw the monies despite depositing via Mastercard, I have to withdraw using Bitcoin. It was a bit of fun really, and didnt expect any winnings, so the fact i have some is a bonus.

I won't say that there is anything strange in all of this, but which online casino accepts fiat, and at the same time, as the only option for withdrawing funds, gives its clients the only option to do it in Bitcoin? If I were a little paranoid, I would say that in this way they want to make it difficult for their clients to withdraw money and lose it instead, or they will try to deceive them in the withdrawal process by claiming that they sent BTC, and blame all the problems on the clients.

My recommendation is that you take a sample screen of each step that you will do when it comes to sending a transaction from their site, and that you once again try to request that your winnings be paid out in the same way as the deposit was made.
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