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3541  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: September 09, 2020, 04:23:07 AM
BCCI is Gold Mine for Indian Politicians still many involve in through relatives or byself so its not going to stopped in near future because there is no law for this and ICC also have no law that they can prevent any one to become ICC President this need some good deep roots or persons like Ganguly because just with this we can stop corruption and corrupt peoples.

Rather than Ganguly, I would like to see Sachin Tendulkar as the chairman of the ICC. Ganguly is already holding a powerful position (as he is the current head of the Board of Control for Cricket in India). I am sure that ex-players such as Sachin and Saurav are a hundred times better than businessmen such as N Srinivasan, Sharad Pawar and Colin Graves.
3542  Economy / Economics / Re: Gold Price Prediction & its impact on cryptocurrencies on: September 09, 2020, 04:13:11 AM
Gold is one of the few assets, which has given consistently good returns for the past 100 years or so.
Really, are you certain about that?  Have you taken inflation into consideration?  And anyway, I'd say that gold has been a lousy investment since 2011 when it peaked and then started its long, slow decline.

That's cherry picking though. I could also cherry pick and say gold rose 650% between 2001 and 2011. Those are very impressive returns for a decades time, don't you think?

Exactly. I would say that the dip during 2012-14 was a small correction after the impressive rise in 2001-11. But we need to admit that gold is also a very volatile asset. Its valuation can go up or down by as much as 50% in a single year. Even this year, the gold price have gone from $1,500 per oz to around $2,100 per oz, before slightly correcting to $1,928 per oz. But all of us can agree that gold will give very good returns in the long term.
3543  Economy / Gambling discussion / Re: US Presidential Election 2020 on: September 09, 2020, 04:03:07 AM
It is perplexing to see such a big difference between the betting odds and the probabilities being given by websites such as Realclearpolitics and
FiveThirtyEight. Many of the gambling sites now (slightly) favor Trump to win the 2020 POTUS elections. On the other hand, FiveThirtyEight is giving a 71% chance that Biden may win this election. Given this, the most logical thing to do would be to place a bet in favor of Biden.

Yes, you're right, seems sensible to bet for Biden if you can get good odds. I suppose with gambling sites, they are adjusting their odds based on how much money is being bet (at what odds) on each party, so it doesn't purely reflect the candidates' chances.

I wonder what the odds are on Trump losing, but then refusing to accept that he's lost, and barricading himself in the White House? Got to be worth a bet.

Hmm.. I understand. BTW, anyone remember the Manny Pacquiao vs. Keith Thurman fight? Initially the odds were biased towards Thurman, but as Pacquiao fans made big bets on the Filipino boxer, the gambling sites adjusted their odds and in the end Pacquiao ended up with better odds than Thurman. This was illogical, as I thought that Thurman was in a much better chance of knocking out Manny. But then, Pacuiao won that fight.
3544  Economy / Economics / Re: Economy after COVID-19 on: September 09, 2020, 03:53:06 AM
It's from country to country, I live in Ireland for last 10 years, and I can say that this country will never be cashless, people just like cash and like to go in local store.
Have buddy who work in security company which collecting cash from companies and he said that there is a little bit less cash than before covid (crazy was from april till june when was lockdown).

People here just believe to much to ads, so all local store have large signs that they proudly support irish butchers and all meat is irish, same for fruit etc.
Country where I'm from is different story, even my father who is in early 60's start using amazon and other sites for shopping Cheesy

In every country, you can find people who don't want to use online modes of payment. Here in Singapore, online payment methods are very popular. But even then, I have seen people who don't have a mobile wallet or a credit card. I am not talking about elderly people here. Some of my friends (who are in their 30s) don't have an online payment account. In the end, it is up to the individual.
3545  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: September 09, 2020, 03:43:32 AM
IPL 2020 - Kamlesh Nagarkoti, Shahbaz Ahmed, Ravi Bishnoi head line-up of exciting uncapped Indian bowlers

7 interesting young bowlers in the list. Excited for Mavi and Nagarkoti, both are making comeback after their injuries.
-Ravi Bishnoi (Leggie)
-Ishan Porel (Mid-Fast)
-Shivam Mavi (Fast)
-Kartik Tyagi (Fast)
-Shahbaz Ahmed (Spin-Bat)
-R Sai Kishore (Spin)
-Kamlesh Nagarkoti (Fast)

The last name on your list caught my attention. I remember Kamlesh Nagarkoti from the U19 World Cup in 2018. He was very impressive during that tournament. Nagarkoti formed a lethal fast-bowling partnership with another bowler in this list (Shivam Mavi) and won many matches for the Indian U19 side. But ever since that tournament, he has been out of action due to injury. Despite being a part of the IPL squads, he is yet to play a single match for his franchise (Kolkata Knight Riders).
3546  Economy / Gambling discussion / Re: Miami Dade to open Casinos and Restaurants for the third time. on: September 09, 2020, 03:33:01 AM
I beg to differ the number of cases globally is on the rise and especially in those countries where there is no restriction. I do understand that people need to work otherwise they will dies because of starvation but you also cannot expect people to sincerely follow the protocols.

Untill strict measures are in place in both situation (Lockdown or non lockdown) people will suffer and die.

The number of new infections are not rising. They are going down in some of the most affected countries such as the United States, Brazil, South Africa and Mexico. Only in a few countries such as India, the number of new cases is going up. This means that we are moving towards herd immunity, and in 3 to 6 months most of the regions will be able to achieve that.
3547  Economy / Economics / Re: US economy will continue to recover - Powell on: September 08, 2020, 05:36:35 AM
Rich people who understand how wealth to work with them, they are capable of finding ways on how they will use their advantages.

While class B and C types of people will suffer from this inflation that will take place. Banks will find ways to
survive from this economic crisis putting most of the burdens to people who are using their services.

This is the perfect reason why poor people should never vote for populist parties, which will promise them handouts. These handouts will worsen the inflation problem, and this in turn will make the poor people even more poor than they were before. On top of that, since funds are required to finance these handouts, the governments will target the rich and the middle class with new taxes. In the end, no one will benefit. Neither the rich, nor the poor.
3548  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Ethereum overpower Bitcoin in the future? Which side are you on? on: September 08, 2020, 05:25:31 AM
Bitcoin will always be the number one, simply because it is the original cryptocurrency. All the other cryptocurrencies such as Ethereum, Litecoin and Cardano have plagiarized large parts of their idea from Bitcoin and then added small enhancements to remove the deficiencies. That is not enough to overtake Bitcoin. In order to do that, you need a better idea. The current bunch of alts can't provide that.
3549  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto after COVID-19 on: September 08, 2020, 05:15:11 AM
What are cryptocurrencies doing now? When was the last time you saw an Ethereum price of 300$ or higher? Most recently, the ETH almost reached the psychological mark of 500$. New projects are growing in price, etc.
Isn't that growth during a pandemic?

The prices are going up solely due to the DeFi hype. it will crash once again, if DeFi flops. And we are already witnessing signs that not everything is well with that sector. If the prices were going up as a result of ETH 2.0 or any other development, then I would have been happy. But that is not the case. ETH 2.0 rollout is in dire straits now and there is a lack of clarity regarding it.
3550  Alternate cryptocurrencies / Altcoin Discussion / Re: What are you doing now? on: September 08, 2020, 05:05:06 AM
Many people lose their job in this pandemic but it opens a door for a new business model. I think e-commerce now can evolve and crypto can be a payment gateway. I am doing some bounties and trading with my small portfolio. Market conditions are not good right now that's why I am waiting for it to be stable so that I can buy some DeFi token.

I would not buy DeFi tokens as an investment! This is a bubble that can burst at any moment! Something similar was with ICO, later with IEO, now we see the same with DeFi...

Exactly!!

The problem is that there is a lot of hype in the altcoin market. DeFi is a good idea, if developed properly. But an unfair amount of hype was generated, and that too, at the very early phase. As a result, this sector is also seeing an influx of scammers and other shady people. This overhype and over-expectation will kill the DeFi sector, just like what happened to the ICOs and the IEOs.
3551  Economy / Economics / Re: Biggest winner during COVID? on: September 08, 2020, 04:55:20 AM
Only some companies are doing well because of the service they provided are beneficial in this Covid19 time.

The rest of the US top 500 are burning through Cash and so many went bankruptcy. 

So many layoffs so many people out of jobs.

Government can't even stimulate the economy by sending the tiny check to their citizens.

If that was the case, then the stock market indices should be down by at least 40%. The last time I checked, that was not the case. Ever since the pandemic started spreading outside China, the NASDAQ Composite has gone up by 64%. Can you recall the last time, when the index went up by so much? Even the Dow Jones Industrial Average went up by more than 30% between April and September. That means that the majority of the companies are doing well and not just online retailers as you claim.
3552  Economy / Gambling discussion / Re: Miami Dade to open Casinos and Restaurants for the third time. on: September 08, 2020, 04:44:07 AM
The longer that the economy is closed the soonest the government will go bankrupt, the only way they can battle losing the economy is to set up restrictions and health protocol that everyone will follow, that way they can save the economy and there will be lower infections, people will not suffer from the virus but they will likely suffer from starvation.

Agreed. Various seroepidemiological studies have shown that a large portion of the world population already possess antibodies against COVID 19. And example is here:

https://www.thehindu.com/news/cities/Delhi/percentage-of-people-with-antibodies-high/article32156162.ece
https://www.thelancet.com/journals/lancet/article/PIIS0140-6736(20)31483-5/fulltext

This means that the risk from COVID 19 is going down with time, as those with antibodies may not get infected again. In cities such as Delhi and Mumbai, upto 50% of the population was found to have antibodies. So I don't think that it is justified to close the economy anymore.
3553  Alternate cryptocurrencies / Altcoin Discussion / Re: Why lots of people got scam easily on: September 08, 2020, 04:34:21 AM
What do you think about "careful screening" the SUSHI project ? Grin When after the fraud Binance declared that they did not know the creator of the project! Grin

I think that Binance is the most real scammers!

I don't know much about SUSHI and I haven't heard about the statement from Binance. But if this is true, then it is very worrying. During 2018/19, a number of projects were rejected by Binance, because they failed during the screening process. I guess they might have watered down the selection criteria now, since the business is down. Afterall, they are worried more about making profits, rather than protecting the capital of their clients.
3554  Economy / Economics / Re: Economy after COVID-19 on: September 08, 2020, 04:24:08 AM
After this pandemic people will realize the convenience of online services because now while we are in pandemic people will often choose to just top up their digital wallets and then pay their bills, company and people will interact more with online services and yes economy will slowly recover because people and companies have adapted the situation and will be more engage to online services.

It is not just about making online payments and connecting people. Even in developing nations such as India, school classes are being conducted using mobile applications such as Microsoft Teams and Zoom. People are preferring grocery shopping using Amazon and other online providers rather than going to the supermarkets. This can be beneficial in the long-term, by eradicating the middle-men.
3555  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: September 08, 2020, 04:14:15 AM
Dalmiya was really pioneer person in Cricket management he bring some good things which help too much but sadly after him no one capable to do this all so we lost some good which is not recoverable specailly srinivasan was bring many bad things which hurt too much right now if they feel then surely they can take some good changes and give equal rights to all which could be good for ICC and cricket as well.

Dalmiya was successful in keeping politics away from cricket. But that changed after he was replaced as the ICC president. It was disgraceful that people such as Sharad Pawar managed to become the ICC president. He is known as one of the most corrupt politicians in India and has zero association with cricket. His term was a big setback for the sports. Hopefully such people will never manage to get to that post again, since the voting structure has been changed.
3556  Alternate cryptocurrencies / Altcoin Discussion / Re: ETHEREUM 2. is not the solution of high gas fees on: September 08, 2020, 04:04:45 AM
everyone is waiting for Ethereum 2.0 to be launched soon, and if Ethereum 2.0 is not a solution for expensive transaction fees,
obviously this is a mistake for Ethereum, I became uncertain about the future of Ethereum,
many people are also now doubting, and turn to Tron

As per the original timelines, Ethereum 2.0 was supposed to be launched many months ago. The date was postponed multiple times, because the developers were unable to finish their tasks on time. Also, it was supposed to be rolled out in a single phase. The current plan for multi-phase rollout was necessitated because the team could not get rid of the security issues and bugs on time.
3557  Economy / Economics / Re: Gold Price Prediction & its impact on cryptocurrencies on: September 08, 2020, 03:54:16 AM
Gold and silver in many predictions will go up high, I also got info from some stock players and investors that I know. Seen from gold, which is a safer and more useful investment to avoid inflation, which is quite good. Whereas stable gold coin I pay less attention to it because I prefer real gold for a safe investment, but if I think it will also affect the stable coin, it is the same as USDT with the dollar price.

Don't even compare shitcoins such as USDT with gold. Gold is being used as a store of value for thousands of years. USDT is a token issued by the Bitfinex exchange, which is pegged to the USD. The USDT can lose its value anytime, if something untoward happens to the Bitfinex exchange. On the other hand, the value of gold is indestructible. As the human population goes up, the per capita availability of gold will decline, and as a result its purchasing power will continue to increase.
3558  Economy / Gambling discussion / Re: US Presidential Election 2020 on: September 08, 2020, 03:44:11 AM
Biden still has odds as the underdog some places, I'd bet Trump if I spot low odds for him.

It is perplexing to see such a big difference between the betting odds and the probabilities being given by websites such as Realclearpolitics and
FiveThirtyEight. Many of the gambling sites now (slightly) favor Trump to win the 2020 POTUS elections. On the other hand, FiveThirtyEight is giving a 71% chance that Biden may win this election. Given this, the most logical thing to do would be to place a bet in favor of Biden.
3559  Economy / Economics / Re: COVID-19 Impact on the Indian Economy on: September 08, 2020, 03:34:13 AM
COVID-19 The main reason for the impact on the Indian economy is the overpopulation the impact of the virus is being felt due to the increase in population and inflation is bringing down the country's economy. The rate of economic growth can be reduced to one percent due to inflation. Tax collection will be reduced a lot. Don't hurt people's jobs the market will be hit because there is no buyer India's economy is shrinking as the tourism industry, aviation, and railways suffer.

Overpopulation is definitely the reason behind most of the problems faced by India. The current population stands at 1.4 billion and they are on course to overtake China as the most populous country in the world (and let's not forget the fact that the surface area of India is just around one-third of that of China). A few decades back, Sanjay Gandhi attempted to enforce family planning measures, but these were revoked as a result of public outcry.
3560  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: September 08, 2020, 03:24:40 AM
Maybe there could be another problem. England have played quite a few matches amidst pandemic in this no crowd environment. Maybe this no crowd Environment is something posing problems for Australia. It's obviously is easier to play in a stadium without crowd but players who are habitual for constant support from their fans to increase their morale can face problems without a big crowd. I think this may be a reason.

You are forgetting the simple fact that these matches are being played in England. If anyone is at a disadvantage due to the lack of crowd, then it should be England. Also, the Australian supporters are nowhere as famous as the Barmy Army. They have a small but loyal group of supporters, but you can't really compare them with the fans of England or India.
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