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341  Economy / Economics / Re: Recession? How to face It? on: September 30, 2023, 08:45:50 PM
A recession now is more of a mirage than the truth.    There are almost no real preconditions for a real recession now. Fear of recession is more an excuse for manipulation. Therefore, decisions should be made with a cool head, carefully thinking through each step.
342  Economy / Speculation / Re: Bitcoin October Month Performance on: September 29, 2023, 03:02:01 PM
Usually in October, bitcoin shows a good increase in price. I think that October 2023 is unlikely to be an exception to the rule. Most likely, good news will start in the middle of October. Maybe there will be information about likely approval of, for example, BlackRock ETF or something similar. As they say, fingers crossed for good luck
343  Economy / Economics / Re: Our future with renewable energy. on: September 29, 2023, 02:55:24 PM
In theory it can indeed be done. But the transition period from fossil energy to renewable energy is actually a big obstacle.

Apart from the fact that it requires quite high costs in making facilities and such. In fact, the real obstacle is that we ourselves may already be dependent on the use of oil fuel energy.

But if awareness of environmental sustainability is increased, I believe that in the future renewable energy will really be used and become the majority of usage. But building everyone's awareness is the most difficult.

High infrastructure and capital can be overcome. But human awareness to love nature more, I think this is the real obstacle.

Using renewable energy has its pros and cons. Renewable energy is difficult to obtain in unsuitable weather conditions or from unsuitable materials. There is also the issue of durability. Often what is considered ideal is most often not. Therefore, the process of switching to renewable energy sources will be very long
344  Economy / Economics / Re: The economy is also getting harder for private equity companies on: September 29, 2023, 02:31:31 PM
Investors in these companies are not affected in the same way as employees, as investors and stock owners have the ability to diversify their investments, and they often have diversification of investments and protection from the government if they declare bankruptcy, but the employee does not have all these procedures that may protect his job, and his income may be directly affected if this happens. It has nothing to do with his total dependence on the job and the lack of a surplus, not to mention the spiral of debt that he will enter if he has not already entered into it.
Poor economic conditions affect employees more than shareholders.

Employees often have the opportunity to become shareholders in the company they work for. Yes, this requires raising funds, but if you are tying your future to a particular organization, it is worth it. Employee turnover often depends on the economic situation, but by becoming a shareholder, you can protect yourself from being laid off.
345  Economy / Trading Discussion / Re: Trade only Bitcoin on: September 28, 2023, 08:09:59 PM
To trade only bitcoin, you need to be well versed in trading at least Futures and other trading instruments. It is also necessary to have a good understanding of trading strategies, to set stop loss correctly, and to have iron nerves. Bitcoin now, in my opinion, is more suitable for active trading than for a simple holding
346  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Ferrum Network - Pioneering Interoperability 2.0 | FAS Pre-Sales 🔥 on: September 28, 2023, 08:02:35 PM
 latest weekly mainnet update:

🔎 Internal Audit Initiated: Ferrum Network kicked off an extensive internal audit of the Ferrum Node and its associated smart contracts. This meticulous review process is a crucial step toward ensuring the robustness, integrity, and security of systems.

📖 Documentation Upgrade: In response to user suggestions, Ferrum Network taken a giant leap forward in enhancing user"s experience with Ferrum Network. documentation approach has been completely revamped. Instead of overwhelming users with a one-size-fits-all stream of information, Ferrum Network adopted a user-centric strategy.

More information - https://twitter.com/FerrumNetwork/status/1704898543356424219
347  Economy / Economics / Re: "Prepare for deflation in 2023" on: September 28, 2023, 07:57:36 PM
Higher energy prices lead to higher prices for the rest of the products and for shipping. For prices to fall and deflation to occur, there must be overproduction of at least oil, but the oil cartel has reduced oil production. Therefore, I personally do not see any conditions for the onset of so-called deflation at the moment
348  Local / Альтернативные криптовалюты / Re: [ICO] FERRUM NETWORK - Интepoпepaбeльнaя сeть и блoкчeйн DAG on: September 27, 2023, 03:20:24 PM
Обновление mainnet на 27.09

Начался внутренний аудит: Ferrum Network приступили к проведению обширного внутреннего аудита нод Ferrum и связанных с ними смарт-контрактов. Этот тщательный процесс проверки является важнейшим шагом на пути к обеспечению надежности, целостности и безопасности систем. Он закладывает основу для внешнего аудита

📖 Обновление документации:  подход к документированию был полностью переработан. Вместо того чтобы перегружать пользователей универсальным потоком информации, Ferrum Network приняли стратегию, ориентированную на пользователя. Теперь документация разрабатывается с учётом индивидуальных особенностей пользователей.

Подробнее -  https://twitter.com/FerrumNetwork/status/1704898543356424219
349  Economy / Speculation / Re: After the bull-run plan. on: September 27, 2023, 03:10:51 PM
When a bull run is in progress, it is very important to determine the moment when it will be close to completion. If this moment is not determined, you may be left with a broken trough. And after the bull run is over, you should transfer the main part of your funds into stablecoins and operate 20-30% of your funds.
350  Economy / Economics / Re: Is academic pursues enough to get incomes? on: September 27, 2023, 03:03:40 PM
Most people who pursue higher degrees do so not because they stand to get a well paying job that will increase their financial capacity but rather they increase their level of literacy, experience, exposure and most times technical know how. Some people especially in the developed countries increase their degrees in order to be recognised in the organisation they find themselves while others because of certain position they want to attain in life.

Based on what I have observed in my country, I think most people increase their degrees because they believe that once they are offered employment in the government sector they stand a better chance of being paid a huge amount of money because of the levels they will be ranked in based on the degrees they have while others get degrees to stand out as individuals who can be relied upon once there are matters that requires great thinkers and academic juganuts.

The problem is that the overall level of the higher education system today has dropped significantly. It is all about standards and time of education. Express education does not give deep knowledge, so a person gets superficial knowledge. At the same time, the cost of education has risen sharply, and many people simply cannot afford to get deep knowledge.
351  Economy / Economics / Re: Diversification in Global reserves. on: September 27, 2023, 02:53:32 PM
Proper diversification of the world's reserves is very important for the successful work of any state. Keeping everything in one basket is, as practice shows, a wrong decision. But it is also impossible to bet only on bitcoin because of sharp fluctuations in its price. Gold, silver and other similar assets change in price not so often
352  Economy / Speculation / Re: BITCOIN HALVING COUNTDOWN IS ON – WILL CRYPTO PRICES RISE? on: September 24, 2023, 08:39:39 PM
At the moment, there is no indication yet that the "bull run" will begin before the end of this year. Of course, the situation can always change, events can develop violently, but judging by history, so far everything is going according to the usual scenario. Or are there still big surprises waiting for us in the near future?
353  Economy / Economics / Re: The impact of war on global economy. on: September 24, 2023, 08:33:50 PM
War is an evil. But there are also beneficiaries of this evil - the military-industrial complex, military programs. War brings great suffering to some, and great money and justification for their incompetent rule to others. In one fantastic story it was told that the inhabitants of one state were given the right to manage their own taxes. As a result, nothing was spent on military expenditures and peace prevailed on Earth.
354  Economy / Economics / Re: How do you deal with financial stress? on: September 24, 2023, 08:27:07 PM
I think it's normal to be under some stress, because after stress comes relief once you find the solution. I know it's hard to find a solution but at last, everyone found a solution because that's what life is for and what it has to test us.

Life is not easy, we are all being tested out here, I as a Muslim have a firm belief that this world is not for the ones who have faith. For them this world is a cage. And that belief has made me think that if I am being tested to my limits then Allah has made me that way because in the Quran Allah has said I only put that pressure or weight on a person which he can bear. If I am being tested out with stress due to some weight then Allah has made me that way so that I can bear it.

You might not be a believer of Allah but still, for you my answer is, that we should take life as a hardship battle where we have to make efforts we also know the world is evolving population is increasing, there are fewer fields, fewer places to keep shelter in to make home at. People in many countries are living in cages like homes consisting of only one room.

Stress is an ordeal that makes a person move.  If there were no stress, man would not develop, would not overcome himself. Everything would be frozen in place. Therefore, stress is a necessary evil that forces man to find solutions in a very limited time. The right decisions lead to rapid progress
355  Economy / Speculation / Re: Is there still hope for the price of BTC to hit back $69k this year? on: September 23, 2023, 08:36:52 PM
l don't think that bitcoin will reach the price of 69k before the end of the year, viewing what has happened and what is happening. The price of bitcoin may go between 25k and 35k during the year depending on the demand. Major bitcoin price increment will be late next year and 2025, as the case may be.

Bitcoin's price will likely start to rise from the beginning of 2024. Everyone expects growth as usual in late 2024 and early 2025, but everyone can be fooled - and set up altcoins at a time when few expect it. Manipulators know how to make unexpected moves - we are constantly convinced of that
356  Economy / Economics / Re: How to reduce the price of goods on: September 23, 2023, 08:23:45 PM

You are absolutely right. Food has become much cheaper in developed countries precisely because of the competition in producing and supplying it. And when I say that it has become cheaper, I am referring to a time horizon of 100 years, and if we go further back we will see that it is much cheaper in relation to the income of the workers, where in ancient times everything they earned was spent on food. I say this because with inflation prices have been rising for a couple of years now, but if we look further back we see how much food prices have fallen for working families who, apart from eating, could afford other consumer goods such as washing machines or cars, apart from services such as going on holiday and things like that.


I wouldn't say that prices have come down. Now a very large part of expenses is paying for utilities. And food prices... Those countries whose currencies are pegged to the dollar (despite the supposed de-dollarization of their economies) are in big trouble now, and food prices there have risen a lot.
357  Economy / Economics / Re: The Kids buying Mcdonald order via BTC on: September 23, 2023, 08:15:48 PM
On the one hand, it is good that bitcoin is becoming more widespread. On the other hand, in this way people are spending an asset that may grow at least three times in the near future. Therefore, a dilemma arises - to spend or to save? Everyone here chooses their own line of behavior
358  Economy / Economics / Re: You can't meet all your needs/desires at once, even if you spend all your salary on: September 23, 2023, 08:08:01 PM

Most people would let their desires win due to comparison to the other people, cause if they are contented of what they had, for sure they could save money with taking loans and withdraw savings just to buy unnecessary things that can't help for your own convenience. Focusing in investment rather than comparing would build up the mindset of "in the future or sooner I would also afford that" which is actually good cause for that term you could be financially stable to buy things you want.

I agree with this. When a person has a lot of money, he becomes a slave of money. He starts buying up apartments, cars, jewelry like crazy. But he doesn't have time to use even a small percentage of it. He just needs it very much to make dust in the eyes of others.
359  Economy / Trading Discussion / Re: Do you expect better, but then impulsively jump into things due to FOMO? on: September 22, 2023, 11:40:28 PM
Everyone has certainly experienced this. We all became a victim of FOMO especially in our newbies days and it think it’s somewhat hard to avoid especially if we want to grab every opportunity around just to be profitable. And it all turns out that FOMO will only lead us into unexpected losses and missing opportunities that we’re supposed to have. And once we learned our lesson, at least we know already not to fall from FOMO again.

Frankly speaking, often, if you are the first to jump on the FOMO train and get off it in time, you can make good money. The main thing is not to get carried away and keep, as they say, your nose in the wind. Yes, there is always a risk of losses, but luck loves those who do not sit still.
360  Economy / Trading Discussion / Re: Honest question, what to think about “crypto” affiliates or influencers? on: September 22, 2023, 11:35:31 PM
Influencers in cryptocurrencies are often wrong with their forecasts. Many of them go tricky - they give two forecasts - if not up, then down, if not down, then up. Then they delete the wrong forecast and are always right. Influencers live off subscriptions, paid courses, and money paid to them by coin developers or exchanges. Referrals make up a large part of their income
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