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You don’t get to why I get into property in 2010 in the past. I was furious, I was rejected by the entire society, every employer dislike me, every job application is rejected, and the dating market, ohhh the hypergamy market actual soar to an unbelievable extreme level, penniless, jobless that jobmarket is total shit by the time, all I did in all my day is wasted on competitive online game LOL CS & DOTA. By the time it was just a small cult, no TI or any money betting competition was organised in 2010, it’s all but video games for wasting time for loser like me, for the worse it’s money wasting too, no any successful or winner guy or school guy would bat an eyes on the loser habit like a gamer. I was looking at property market by the time it was all gloomy and cloudy, “property is for loser, loser look at property, you buy property now you would commit suicide when the market crashed in a few years!” I was told, tbh it was in 2008/2009 a couple of guy I know through fb jumped to their dead from their condominium which spark all the precedent and fear, the news on fb is removed and couldn’t be retrieved but I assure you it’s valid. Every fairly wealthy guy I talked to, tell me property is a dead end endeavour, anyone who invest into property now is idiot and bloke waiting to goes broke. Fyi any guy I met, is working for top 500 mmc and earning best buck one can dream and they shame property calling the price is absurd too high in 2010, and it would crash to the ground very low price, to which, they would then consider “affordable” by them... fast forward to 2020, what’s touted to be loser gamer guy habit in 2010, is now being charmed as winner successful career, “gamer is the best money making career and all guy dream job” is being gamer, it’s baffling, I was dumbfound, I was joking and cringed evilly, it stunned me it’s unbelievable a once used-to-be habit for the loser now become money making best career and many guy are betting big money on it to keep this gaming industry running and keep the gamer busy to play game even harder. I mean what’s going on, it’s insane, are guy today all blinded by the money? there isn’t money in the game played by loser, but nobody listen to me, interesting... idk but when I look at bitcoin again, I see the same shit again, today guy telling me bitcoin to goes to 100k, “isn’t it btc is for the loser” I asked myself again, idk what’s foolishness is going here again, it’s crazy... btw a few key take away, did I completely getting stunned and confused and dumbfound that property price today is soaring through the roof despite job market is totally collapsing?? Idk I was getting a little surprised but it just sink in and I move on quickly and accept the facts, after all the reality is always ironically, proving them wrong is exactly what we have been working for during the good time from 2010-2020, I would call it I sow the same seed and get the same fruit in the end, it’s all relativity from the beginning to the end, nothing earth shattering or ground breaking when my success come out to be on the expectation... now that a few guy approach me and ask me “how to make money?” I was cringing and I choose to ignore them altogether, yup they’re all looking for money and they come to me to get the advice, btw in the end they go to get advice from financial guy and they would likely goes on and loss all their lifesaving hahahahaha...!
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The alameda and ftx sam bankman fried, the Rosaline embezzle the sbf fund and ftx. It remind me of in 2021 every girl nagging on the bf for getting a Nintendo switch because she wanna play acnh and drove the retail price to the extreme. This chaos is indeed the element that’s needed for massive wealth transfer, or the cash heist to take place, without chaos guy wouldn’t give up their money in their fixed deposit bank, it would be as dead as stock market, although it’s self explanatory, but it’s there is a strong need to remind, as guy today is asking “how to make money”, unable to understand even the basic idea since they’re all being trained to be idiot in school, and getting more idiot as the school progress to even more extreme and torturing in both syllabuses and credit hours, they’re all think make money is go to school get job and magically the boss and the job would pay them a happy ending life, as if the boss owe them a happy life of wealth, there is simply no logic on it, no financial sense at all.
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>How about my flying cars?
>How about you advise me to invest for the future? For the kid? For the happy ending? For the prosperity! Everybody is prosper, everybody have their candies have their own toys have their own tendies!
>What’s up with you telling me to over leveraged on stock market, because your effort is incomparable to the Sony plight. For greater good!
>what’s up with rich getting richer, and bending all rules, killing all innocent guy? Innocent guy pay the price and their death give hope to other guy to live longer in life...?
>what’s up with food getting unobtainable, getting more plants based, getting more inedible and indigestible, also getting smaller and smaller despite had mixed with 10m type of chemicals.
>what’s up with internet history purging, many history from dating back 10 years ago is permanently removed from Internet archive. To remove the name of the wrong doers who got rich doing scam from history? The rich guy purge the history?
>semiconductor was tout to be ever growing industry that has scale indefinitely, UNLIMITED GROWTH! Enough to feed all guy want and need and basic social and economic need! Isn’t semiconductor reaching a dead end?
>Moore’s law which scale indefinitely, but we have nanotechnology today, of course it would scale even more until it reach atomic level, however once we goes past the atomic level, we reach a dead end, I’m not trying to discourage, technology is a showcase to how inflation has fare recently, computer is getting smaller, it’s all the result of inflation to the raw materials, but consumer is happy with computer getting much smaller, idk people are too blind to see what is coming, they’re content with everything getting smaller and smaller, you wouldn’t know small gadget are very cheaply made and have low wear and tear durability, they’re consumer product that doesn’t mean to build to last.
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I would just leave it here. Prove me wrong!
Do you have a better system? Nope!
Some politician would come out very filthy rich very wealthy. Some scientist or guy who contribute the most to society would goes broke. Left and right wing fight to the very end of time and while innocent people die knowing nothing is happening.
Who is you? Left or right or you’re innocent people? Why and what and how? But but but... wait!! It’s absurd! Why nice guy have to die? It’s bs!
Why I know this is happening? I know nothing. Hehehehehe.
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You made a very good sense in your post, but there are people who has much money but they tell you that building a house is a waste of resources, that you can rent a house and invest your money meant for building a house. In 1 year time, you will double the money that would have been stocked in a building.
Some says housing and land is over priced.
You haven't heard soany different theories that will change your decision. But they are also subjective to where the persons live and how things are operated there.
Hahahaha hahahaha hahaha wow wow hahahahaha wow ummmm hahahahahaha wow wow hahahahahah hehehehe hahahahhahahahaha hahahaha wowow ahahahaha ahahahahah hahahahahahaha wow wow hahahahaha |
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Dude, we've all been lied to. Some get angrier about it than others if and when they realize that fact.
I'm a poor historian of bitcoin and the development of mining, but comparing the inventor of the ASIC to Newton is stretching it harder than Mr. Fantastic. As far as getting an education goes, I'd say most people who studied hard and studied a subject that didn't lead to some frivolous puff degree (like gender studies) probably found themselves in a competitive position as far as the job market when they graduated.
One of the problems is that there are more people than ever going to university, and it's getting more expensive. A degree just isn't as valuable as it once was--unless it's in something like nursing, pharmacy, engineering, and STEM fields. As I mentioned, if you get a degree in history, political science, or any of the liberal arts offerings, what kind of career does that prepare you for?
And hey, don't get too discouraged. It's a fucking nightmare of a time we're living in right now, and I think we're all pretty on edge about a lot of things. Take a deep breath and be grateful for bitcoin at least.
We all have been lied to... not exactly tbh there isn’t anyone promise anything at the first place, and there is plenty sign to doubt about what is to expect from all the calling for greater good, but there it is, some guy would spectacularly fall victim as usual, which is his mistake occurred. Nightmare, for any normal guy it is bad enough, for guy who has disabled it’s living hell, can’t imagine having to live with some limbs maimed or removed, or have diagnose with malfunctioning vital body part. When we said nightmare we are perceived it to it’s being perfectly healthy guy, it’s made more absurd when we completely ignore minority who is victim of defective by birth, due to contamination, chemical, mutation, violence, vaccination, pollution, sound or air, disease, virus, or socially engineered mutilation, politically or emotionally driven. May be dead is where they find peace. The magnitude of the contribution to the STEM might not be comparable, but one can’t deny guy just goes broke in life, it is unthinkable! There isn’t many example who is relatable, of course Newton Isaac is much wealthier guy before going broke also he didn’t even have any loan, there is no bank provide loan to any commoner by the time. Obviously we are having a very tough time, how bad is it, jobless, depression, crackhead, climate change, business closure, all sort of social problems come right together, it’s unable to describe in word, I dunno what suffering guy has to go through living in society today, but thing is unprecedentedly bad for me and thing around me. I also think we would have many many years of doom days ahead despite it has been three years I think? Never ending crisis? I’m seeing online business, which is touted to be evergreen, is undergoing major downsize, it’s baffling as even a non existing market is not spared from getting haircut, also it was a growing business since dotcom 2000. Some notable one include online shopping, subscription service, social media... Do I received countless scam calls and mails? Yes guy today are SAVAGE, they all approach me to talk MONEY, for unsuspecting people they would be quickly fall victim to scam and loss money, but this guy are everywhere, when they can’t reach you in person they would contact you via mail, via internet, via calls, via any means, it’s disturbing. Despite we are just looking to live a carefree life, but with these many bad actors lurking around doing everything to scam people, it’s just making everyone life full of unwanted baggage, make me wonder “you can’t beat the scammer, then you also become scammer yourselves” is the thing one has to do to live a life. But what and why? It’s horrible. |
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This is all wrong here.
House prices are not soaring, it is exactly the opposite. Interest rates are high , less people can afford a loan because it is expensive now. So less people buy houses , less demand = lower price.
Anyone should be careful about making debts now as interest rates are rising all over the world.
This thread is not about doing the right or wrong thing, but I would try to make it interesting and consider it’s a topic on house mainly, it seem to be a topic and never get old and constantly getting mentioned on economic. Many guy try to trash talk house, many guy try to dismiss house, yet they can’t get away with it. Not much I could debate but “Perenna has been awarded a license to bring 50-years mortgages to the UK market.” This is exactly the bill that cause house price to soar, most of us couldn’t do nothing while the policy maker made the iron fist rule and set the market direction for the coming future. Houses get old, houses go into maintenance and they depreciate in value over the time. I am pretty sure this is not the case as mentioned in the OP.
They are only valued if they are some sort of big houses like mansions with its own property (land/garden/ponds/golf ground) I hope you have imagined already what kind of property I am talking about here.
Those are the properties which gets highly paid over the time. However, most of them get valued based on the “real estate land” and its location.
But usually that isn’t the bucket for everyone out here. So look for the properties right, not every of them would appreciate in value all the time.
I do think house would worth as much as the job market on the location and surrounding, often on a urban city where job market is robust the price would be so much higher too, but some of the jobs is moving away to rural area and bringing up the house price too although not as much as the urban area. Depreciation, I think it sound horrible and all, but look for phantom income, I won’t be able to advise much, it seem to be a work around. Sometimes I feel very sad when people feel that success is all about having so much money to spend on luxury. Going broke and lacking the ability to provide basic needs is not a good experience and being in debt makes life very difficult and sometimes unbearable. But OP mentioned some notable inventors that were not rich because their main goal was not to make a profit. Most of them just had the intention to use their discoveries to bless humanity.
In my country the mortgage sector is paralytic, hence we don't have a government sector or many private firms that can satisfy the mortgage needs of my countrymen. Most houses in my country are built with personal savings.
Housing can be for personal use or business. Taking a loan to build your own house would be beneficial if the interest rate is low and it helps you to save money that would have been spent on rent. Also, the population of my country is growing rapidly and it has led to high demand for housing facilities. Taking a loan to build a commercial house might be a very profitable investment.
It’s fine to have goal and purpose in life, however survival is all that matter the most at the moment. Success by having a lot of money has always be the norms, girl only want to marry rich guy, guy only listen to the advice from filthy rich guy. You see we don’t want to be ended up another Newton Isaac who loss everything on south sea. Although it is nice to believe we can achieve anything in life, when running out of money, that goal of yours have to shift, keep working on money is the ultimate purpose in life. Innovation, life changing decision, working on passion those are fading dream, money still has to come first not product or service come first. Also don’t mention about all the school that’s accessible by the poor, those are joke but not real school and often is a waste of money. I often see those folks that are financially free to purchase their houses in cash so that the banks won't have the interest from paying that for so many years.
While I see the strategy of some rich people that they're leveraging it highly and they're maxing it out so that they can pay less for the mortgage but for longer years and it is their businesses that will pay for it.
They don't want to put out huge cash for it as they'll just have to allocate that on their business to make more money instead.
That’s exactly the how rich get richer, they’re playing real life Monopoly board game, by buying up every piece of real estate, it doesn’t matter where they come from, they looking to world wide real estate market, would you not want to “save yourselves” from the invasion?
At the moment it feels like we are hovering near record highs and a small correction to house prices should be coming in the next year or two. However it could vary wildly between countries, some countries might plateau, others might see a dip similar to the financial crisis where it took maybe 5 years to recover, but ultimately it seems buying a house is sound advice. What is the alternative? You will simply be paying off someone elses mortgage instead, so if you can get a mortgage and deposit together it seems very wise to make the leap into home ownership. However younger generations now seem further than ever from owning a house because they have risen so much in previous years and wage increases have not kept pace.
That’s a wild guess, btw a lot of guy would have remorse for not doing the “forced saving” much earlier, they would cry for house is unaffordable, but we don’t have the answer to why they refuse that, they have so much to loss, lower wage, higher inflation, save yourselves first, it’s no brainer to think of something else. |
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Guy often tell me house is a force saving. By looking at the market today, full of scammer roaming around, and countless unsavoury characters and get rich quick scheme, jobless highly educated youth. I conclude buyhouse is not only a “forced saving” but also a “save yourselves”.
We often heard about a lot of highly educated youth had no jobs, underemployed, which is very bad today and getting worse day by day. What they often failed to see is it has been norms in the past, do you not know every scientist is borderline poor and bloke, Albert Einstein is not rich, Newton Isaac is bankrupt poor on south sea bubble, Wright brother is poor, we often read about how great are scientist on the textbook who create useful invention to improve life, but there is a catch, the textbook conveniently never mention the scientist personal wealth, it’s apparent textbook censor the information they do not want the kids to know all the scientist are living paycheck to paycheck and borderline poor, where they often has to wagecuck and sell their IP to the government to make a living, if they failed to create any IP they would be rejected just another bloke we often see on the street today, is homeless educated guy not often in the past?
Friedcat of the bitcoin is the modern day jobless highly educated genius, he is often regarded as “genius youth who is living a frugal life”, despite awarded with scholarship, and secure the top spot in the top business school, the guy goes on and create very useful product, create the asicminer, but very quickly the guy just simply goes broke and fall into endless debt burden, his company is broken, life broken and going missing forever after he couldn’t pay the debt he owned, oh how ironically he is just the modernise Newton Isaac in disguise, such a nice addition, so guy listen, keep following the advice of go to school and study hard get good grade, get a good paying job with benefit, you would eventually made it in life, miraculously and magically you would be living happy ending life, it’s fine guy!
Then I’m often getting bombarded with doubt “Do you have a better system than existing one? Do you?” Obviously I don’t have any and I would never come up with one, keep trying to beat the house and to realise how great/lesser a person you are.
House price is soaring, but finance advisor telling me to debt maxxing on house loan 90% loan and 0~10% dp, and it’s fine. Because bank want to increase revenue, increasing house price is what the bank did, by increasing house price, guy would take more loan to buy house, that way bank can increase revenue by increasing house price and increasing the loan to buy house, then bank can charge interest on the house loan to make profit. But what I often heard is guy tell me to debt maxing on house loan, don’t care about saving, it’s a recipe to disaster to me. So guy today hope the house price to collapse and they can shop house on the bargain, that’s one wishful thinking, the bank cartel and house developer wouldn’t allow that to happen, reduce house price would make it bad for bank to sell more house loan, and bad for developer too, the blackrock would stop that effort, however as usual some guy would loss everything due to greed, if over leveraged on house loan, would loss everything.
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fertility is not wealth in 6/8ths of the world
independence is wealth as it free's people to pursue business and leisure without being handcuffed to parental responsibility.
yes in some countries 2/8ths of the world, they promote females reaching a certain fertility 'coming of age' as becoming adult and worthy of seeking a husband. whereby being fertile is one of the main categories that draw men in as a feature men want in a wife.
but that is a societal stereotype that came from cultures that used a females fertility as ways parents get paid a higher dowry when selling their daughter in arranged marriages.
this culture is dying out. so fertility=more money is becoming less recognised.
and this dowry stereotype of fertility=wealth, only lasts for as long as the parents of the bride have time to spend that money. thus its temporary enrichment not 'wealth'
you cant keep remarrying your daughter out to new men each time the dowry runs out. thus not wealth
to completely make this 'fertility=wealth' assumption obsolete is simple:
making it unlawful to arrange marriage.
make it illegal to have dowrys
promote the benefits of independent life
as for the jealous that existing parents advertise as the happiest they ever been to those without kids
again simple:
promote the happiness of independence
point out the flaws of fertility/parenting
point out its better to explore the world than to explore a diaper mess
point out the gains of the freedoms parenting does not provide
You suppose infertile but freedom are being more jealousy among general consensus? I take that 6/8 of women are giving up on giving birth by default, since having money rich among peer would have make them more jealousy and more charming, that’s quite twisted. Btw is it how people abuse the jealousy to a point that create a self actualisation or they called it new life achievement unlocked. |
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jealousy is about advertising the benefits of a thing the other person does not have
to incite jealousy. pick the topic. then find the pro's and cons. and highlight the pro's and find ways to word the cons as a pro too.
ofcourse add in the negatives of the opposition to truly highlight the benefits of your category
like fertility jealousy. i could flip that
aww you have periods. my wife hasnt had a period for years and we never argue
aww you have kids. must be tough. cant do much if your babysitting all day.
aww i could never have been successful if i had to worry about kids
the money i saved not having to feed, clothe, college fund snot dribblers afforded me this lambo
making having kids sound bad can flip the jealousy to make being childless seem better
thus making parents jealous of independent adults
Yes, the explaination is pretty clear, jealousy are already exposed to everybody since they’re still a school kid, kids jealousy each other for their have’s and haven’t, adult jealousy goes for a longer extend, wealth jealousy, social status jealousy, education jealousy, language jealousy, gaming skill jealousy(?), religious jealousy, even election is full of jealousy, investment jealousy... Btw in the context of counter measure jealousy, not all jealousy are equal, some jealousy can be more effective than the other, you can say infertile women can adopt a orphan and they can have kid again, but is it really more effective on inciting stronger jealousy? The general consensus being fertile women are a level higher on wealth status, I’m sure use words and influence, narratives, rules, money etc can manipulate the possible result, anyway, back to topic. How to abuse this jealousy to it’s full potent? Of course for both good and bad. |
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Rich men induce jealousy with money, poor men get jealous.
There are two types of jealousy, the good type of jealousy that motivates and gingers you to want to do better and the bad type that is full of ills, sadness at another's success and bad wishes. Though it might not be in the intention of anyone to spore up jealousy, it is a human trait that is inherent. It now becomes the decision of the individual to choose his own jealousy. Even the bible describes God as a "jealous God", it is not being jealous that is bad, it is the type of jealousy that you choose to have that will decide if you are good or bad. I don’t believe in gods, I’m just an atheist wannabe, but I would like to abuse this jealousy in a modular method, slowly build it up over time instead of sprouting large amount of jealousy at one time, I want to abuse this jealousy in a community method, just one person of jealousy is very weak, jealousy in a community would be very powerful, it can even defeat a single jealousy inducing person, but I don’t mind who will abuse this jealousy for the better good or for the greater evil, I want to use it to it’s full potent, jealousy is very prominent behaviour, we couldn’t just ignore it. |
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The very fundamental of wealth, jealousy, how can we abuse this human behaviour?
Rich men induce jealousy with money, poor men get jealous.
The very same can be found in women, rich women, women define fertility as wealth, they think fertility is above wealth, rich fertile women induce jealous on poor infertile women, by shaming them they have money but can’t have kids, they despite having no money but their kids are wealth that can harvest interests.
How to abuse this jealousy?
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This are the guy who criticise bitcoin every bull cycle, so the guy does fud before they get their feet wet.
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Getting a job today wouldn’t pay you well, your better chance to survive by having absolutely no job, my first job have been negative yield since the day one, and I’m quiting my job to never look back because my job can’t buy me food, check this out a YouTube video I found, the author are salty about being an engineer in Germany and get paid 5000 pound and having absolutely no saving, and he need to save money on food and resort to eat spaghettis for his daily meal, having no personal car but need to depend on public shuttles to get to office, what a shitty job he is having!
watch?v=ZFA5Rax0ypU
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It is impossible, when the economic crash, only the poor get screwed, there isn’t an economics crisis for the elite, they’re telling all of you poor people your time is up, for ehem... you know that they’re ready to screw your life.
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If you own 1000 ETH, you pay 10 ETH in fee for fast speed transaction, if you own 100 ETH you pay 1 ETH fee, if you own 10 ETH you pay 0.1 ETH.
In stock market, poor people pay the highest trading fee, where rich people pay low trading fee, 401k probably paid zero trading fee because they own the brokering market, yup, stock market benefit rich people and punish poor people on trading fee alone.
Transaction fee depends on what platform you are going to use. There are platforms that has fixed transaction fee and there are also platforms that are basing your tf on bitcoin's current price value and the amount you are going to process. I think there's no specific percentage on ETH as well. You can adjust the transaction fee depending on the wallet you are using, but always keep in mind that too much low transaction fee can lead to slow and even unprocessed transactions. In my experience, those platforms that has fixed tf process much faster than those of that you can adjust. The miners prioritized the transactions of those who paid higher. In simpler manner, you can refer to those who pay higher tf as VIP's. The higher the tf, the faster the speed of transactions to be processed. Regarding stock market, there's no use to compare it to bitcoin since we know for a fact that stocks are centralized and are regulated by the government (especifically SEC) while bitcoin is decentralize in nature. There are brokers in stock market which has to be paid by the investors while in cryptocurrency, there are only wallets and networks. === Do you think it’s fine to compare with gold? Buying gold has always associated with large transaction fee, paper gold for instance are charged high fee for both bid or ask, paper silver are charged even higher transaction fee for the reason it’s highly volatile, 20% trading fee for silver trading alone, for clarify, yup if you buy 100 ounces silver you gonna pay 20%, if you buy 10 ounces it’s 20%, or 1 ounce it’s 20%, it doesn’t matter rich or poor people who buy gold/silver they all pay the high transaction fee. ===
The only transactions that are higher these days are the ones in the defi platform. It's definitely high there than sending tokens to another wallet. It wouldn't be worth if you are making transactions on Uni while you only have few amounts. This is only for ETH though.
Making transactions using other tokens like BTC or Tron, ain't that high though. There are ways to make it cheaper, it's not so lengthy process but does the job as long as the person you make a transaction with allows it.
=== Yup, they can be cheaper when doing it in a dodgy fashion, but the risk of getting scammed is also much higher, it’s always the trick used by con man to lure victims to their cheap bitcoin, as good as send the coin and get double in return. I’m sure tron are associated with scam too, some people have their fund locked on the tron network, and they can’t do anything. === |
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This kyc is introduced in 2017, and it’s getting stronger these day, from non compulsory to compulsory, from custodial exchange to p2p, from new user sign up to everybody include existing user, from new depositing fund to every crypto balance, from usdt to every ICO to every coins, ridiculous, they’re trying to lure big whales to hunt them down one by one, and keep them in prison just like John McAfee and Assange Julian, many young bitcoin whales would go to prison too, wait for your turn.
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Financial crisis is horrible, it change a lot of living, food price getting severely unaffordable, rich get too rich they’re no longer human like, the powerful become so powerful they’re no longer human like, the rest of the plebs are also getting to bad that they’re no longer human like, the aftermath of the crisis is everybody become zombie, human life is worthless, working for money is above everything.
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Bitcoin is always been good, whether I loss some money or earn some money I would come back to bitcoin, although our life is tough, but bitcoin has been the great life saviour to many people.
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In stock market, poor people pay the highest trading fee, where rich people pay low trading fee,
This is rather a confusing statement and reading post here, I think any others are confused too. From that above about stock market, how will both rich and poor not pay same fees in their transaction or stock market dealings? Are you not talking of shares because that is where I'm taking it from. A companies share for instance is priced at same price for rich and poor , so the fees for or charge ain't the same you mean? to pay for the broker? I think it should not have any difference except you explain more what you mean. Yup, I’m totally fine to make it to laymen terms, the reason ETF is found, is all due to individual investor having to pay high trading fee on their small stake purchase, many small retail investors are resorting to ETF, to get indirect exposure on stock market, but it create another problem, there is small ETF and big ETF on the market, we are looking at big ETF beating small ETF, since big ETF has more fund they could get better trading fee advantage, big retail trader are rushing to big ETF and big ETF are blocking small retail to get into the big ETF, it create all sort of problem, only the rich can get better deal, but in the crypto, I don’t think it make much difference whether it is big or small. |
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