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3741  Economy / Economics / Re: Did tesla's $1.5 billion bitcoin purchase negatively affect their stock price on: March 29, 2021, 04:58:05 PM
There's no guarantee an over-pried stock like Tesla will recover from the mania-induced highs.  Tesla is worth more than Ford, Honda, BMW, GM, Daimler, Volkswagen, and Toyota combined and yet produced a tiny, tiny fraction of the cars.  Tesla's revenues was about 30 billion last year while the revenue of the other 7 car makers was 1.1 trillion.  There's absolutely no way Tesla is worth this price, or will ever grow into this valuation.  It's still priced like it will be the only EV producer forever.

As of now, Tesla is having a virtual monopoly in the mid-range and high-range EV sector and that explains the high valuation. There is no doubt that a P/E of more than 1,000 looks hyperinflated. Even during the dot com boom during the late 90s, most of the tech stocks had a P/E ratio of lower than this. But those who invest in Tesla believe that EV sector will replace gasoline-run vehicles in the near future. As per their expectations, Tesla revenues are going to jump by 10x-20x during the next 10 years (if I am not wrong, then they had ~80% growth in 2020).
The fact that people buy from these prices today because they believe it will be even higher in the future shows how Tesla stock buyers are not great at investment methods but they do believe in the company's future, so it evens each other out. Normally Tesla stocks should not worth this much, it should worth less compared to what it is doing today, so today's price is not reflecting on today's finances for the company that's for sure.

However people think that in the future it's going to worth even more than this, as long as electric vehicle line keeps going strong like this and they keep being sold out constantly that means the price of the stock will keep going up, and that is proven on the finances as well, it always grows bigger and bigger, so yes in the future it will be a lot higher but today it is overvalued so it's a very trick situation.
3742  Economy / Gambling discussion / Re: Who where how much withdrew from no deposit on: March 29, 2021, 12:35:58 PM
Sometimes casino give no deposits and you can get lucky. You should be very lucky if there is a high wager for wagering, and sometimes there are no requirements for a wager.
Hardly any site offers no-deposit bonuses in crypto casinos because it can be abused brutally since ID verification is not common yet in crypto-based casinos.

If I am not wrong bc.game does not have a no-deposit bonus instead you can get a $10 bonus if you register through btcgosu and wager at least upto VIP3 or something like that. I remember reading at btcgosu earlier. There ain't any wagering requirement for that bonus. Maybe there is a no-deposit bonus now which I am not aware of.

I don't like no-deposit bonuses usually because they come with implausible wagering conditions and it is worth claiming faucets than trying to run these bonuses with insane wagering requirements to be able to withdraw something.
3743  Economy / Gambling discussion / Re: Madness/Insanity in sports betting/gambling on: March 29, 2021, 11:16:05 AM
are those group of sane people didnt know that what they asked for tip insane kind of person ? if i know he is i wont asked him for tips because he is only going to give random tips but gambling is about luck too so what he may gave can possibly occur but maybe not too often .

insane person is sure of his bets even if its not based  on real analysis but being sure is i think much better than being confused in your bets but there is no proof that it attracts luck/win .
Different people have different superstitions and I cannot say anyone is wrong or right. A friend of mine when he gambles, for some reason he keeps his legs folded and believes it works for him. I was wondering if these things are actually working because some of the players at the highest level like Nadal also have superstitions with bottles and all.

Asking an insane person for tips might work for some like the octopus was introduced who would pick a football team and they will just go on to win, I mean yes it might be a coincidence or it might be something supernatural but as long as it is not hurting someone else and works for you, I don't see a problem. The problem starts when your superstitions are hurting others.
3744  Alternate cryptocurrencies / Altcoin Discussion / Re: What makes an NFT sell, and sell for thousands or millions of dollars? on: March 28, 2021, 05:24:03 PM
No matter how beautiful, flashy, or weird an image or video is, I don't think it sells like NFT for a lot of money unless you're a famous person.
The hype, the fact that it is an art form that could be used for the first time. NFT is art, well art is sold in NFT form at least and that was never done before, now there is a huge hype for it and that's why it's going for this much. I can guarantee you that it will not be sold for this much amount in the future, it's going to go down for sure and many small time NFT products will worth nearly zero, it's not going to worth this much at all, but I am sure that it is going to be something decent at the top.

Some NFT will worth millions anyway, even when hype dies down, but it's going to be very few of them and almost all of them will go down in price, so even if it is at the top, instead of being 69 million dollars, it will be 5 million dollars or 10 but it will still be worth a lot. There will be some that are 5k dollars today which will worth under 100 bucks in the future. It's all a big hype and nothing more.
3745  Alternate cryptocurrencies / Altcoin Discussion / Re: BTC to XRP on: March 28, 2021, 04:21:02 PM
Or split it up, if you are still believing better not to go all in, you can simply place a good amount of your investment and use the other portions of your money to other available potential project.

It's still possible that this project may win the case then continue to develop those pending adoptions, with that the chance is still possible.

But, if you are small players who value your money, stepping back and find another project is much preferable.
I think XRP will never recover, I am a big hater of XRP and have always been one. However the idea that there is a coin that you are not sure about and it could maybe get a news that would make it skyrocket to hell, would indicate that there is a potential profit.

Leaving XRP for a second, I just take it as any coin, and if you think there is a chance that a coin could go up, like out of normal situations, all coins could go up or down at any moment, but there is some news you are waiting for, like SEC news for example for XRP, this could be anything in any coin, if there is a huge news you are waiting and you are not sure what's going to happen? In that case the only thing you could do is buy only a tiny bit, do not risk yourself too much, but if you are waiting for it to increase, just buy a tiny bit and you will be fine, even if you lose, you lost tiny bit, if you win that tiny bit will become decent.
3746  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: March 28, 2021, 03:21:06 PM
Leipzig is making a big impressions in the competition so far. their backlog to Bayern Munch is acceptable. there are still many matches to follow. and because they already terminated in the Champions League they might get hungry to win the title in the Bundesliga

Leipzig have only the Bundesliga and the DFB Pokal now. I'm sure that they will give battle for winning both titles. Leipzig also will hope for Bayern to make mistakes as Bayern are still competing in the CL. Leipzig are in the semi finals in the DFB Pokal and they will most probably play a final game against Dortmund.
It is already a huge shocking deal that Holstein Kiel managed to beat Bayern, nobody ever expected something like that and I believe that is the biggest shock in all of German football this year that will not change. Leipzig could end up winning the cup which is more than likely from the looks of which teams are left, Dortmund is the only other one that is good and I think they have been underperforming whole year so they could end up losing that too, so Leipzig definitely has a great chance to win the cup.

However I do not think that Bayern will let Leipzig win the league as well, they are playing very well and not losing that easily, so it is going to be quite difficult for Bayern to let Leipzig get ahead, it is a possibility of course but I do not think that it will happen, by the looks of it the more likely possibility seems to be Bayern winning and Leipzig being second and winning the cup both of which would be good for them.
3747  Economy / Gambling discussion / Re: 2021 NBA Season on: March 27, 2021, 08:05:20 PM
Harrell was a terrible signing in my opinion. Howard manhandling him the other day proved it.

Drummond was in LA yesterday. They say he has meetings with the Clippers and Lakers while he’s there. They’re also saying he is no longer interested in signing with the Nets.
Yeah, right.
I'd rather pick Howard than Harrell.
It's just because of the 6th man award. If it's a big body and a high flyer needed below the rim, it's still Howard who dominates that field.
Obviously, he had changed his game and we witnessed that during the game against the Nuggets.
I am a Nuggets fan but damn, he did well at that time bullying Jokic and it worked.

Drummond is a free agent now. He can pick what team he wants to join but I think Lakers is not one of them anymore.
The Lebron injury could be the one reason.
I think Drummond could go to Celtics as well, they direly need some help at the big level, and Lakers already have few bigs so I do not think that it would make sense. I am not saying it will not happen, all I am saying that if it happens that would make no sense to me at all.

They have AD who is a true Center in today's game if you ask me, anytime the other big is not a huge player he ends up playing at Center every minute, and they have Harrel and they have Marc Gasol, now you may think Andre could replace Gasol or not, but I just do not see why would they do that, let the team be what it is and they could end up winning a ring like this, adding Drummond instead of Gasol would not change it "that" much, would still be a bit better but wouldn't be a major change. However Celtics who are trying to get him could really use him, they need a good rebounder for sure.
3748  Other / Beginners & Help / Re: Reminder for crypto newbies, traders. Be cautious with new exchanges on: March 27, 2021, 07:14:30 PM
This topic also fitted here in my opinion so that it could be notice instantly. A lot of exchanges are popping out of nowhere and "listing" coins (mostly big coins) and they are hyping it out to attract customers in my opinion, and when you deposit your coin on them, you can't withdraw it anymore nor trade it in their platform which is pretty useless and a waste of money.

The majority of victims are always newbie since they have no idea about Trading that's why they are just carelessly accepting any exchanges to exchange their coins.
That's basically a business model. Exchanges are a great way to make money if you know what you are doing. I am not talking about marketing and all that, that part could go up slowly and gradually, what I am talking about is the technological part of building an exchange, it is really hard and not just building the website itself, that could be done one way or another, I am sure there are even some software allowing you to build that easily.

However the security part is very difficult, it is nearly impossible to build something like that, it is going to be very difficult. This is why if someone can build and exchange that barely gets hacked (even binance got hacked few times) and can secure everyone's money, that means they will do it, there is a ton of money in that business, and I mean more than you can imagine, tens of billions of dollars worth market, so that is why we are seeing so many bad ones as well.
3749  Economy / Trading Discussion / Re: Stable coins and Liquity problem on: March 27, 2021, 06:25:11 PM
You literally can buy stablecoins almost anywhere that has bitcoin listed, and as I know there are tons of exchanges that support credit cards which you can use them to buy almost all cryptocurrencies.

But the problem is if you want to use a stable coin then why not just use cash since stable coins are just coins/tokens that are pegged to US dollar, however there are ways to make an algorithmic coin/token that stays in the same value with minimal volatility and change in price(not more than 5%) I would probably use them since there are some ideas and innovations behind it and they're not just some ordinary coins and tokens that are backed fully/partially by actual Fiat.
I do not get why people do not use those algo coins, and why those algo coins are not keeping up with their own created system. Look at bdollar these days, it suppose to be 1 dollar pegged but it is now at around 0.6 cents and that's why the sbdo dropped from 8300 dollars to 1400 dollars as well, everyone is bleeding out money there right now.

The whole point is that, as long as there are buyers the system goes on, let's say there are not enough buyers? In that case bond starts to work and you make 10%+ more profit thanks to that when it goes back above 1 dollar. But right now it is not working, even bonds are not fully sold right now, which I assume will be soon but it is not doing good anyway.

I think it is obvious that people are not fine with constantly growing interest and see that as impossible. I think it is quite obvious that it will go back above 1 dollar because more and more bdo is burned, but that is going to take some time and showed the problem with the system.
3750  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is now a GOOD or BAD time to invest? on: March 27, 2021, 03:48:11 PM
The market is open for everyone to invest in anytime their sole pleases. If you have the notion to invest in top crypto, you better do so before missing out on the moving train. This year bull run season gats so many dividends for us all.
Just join in the ride but always invest with your spare money to avoid stories that touch the heart
It is not that simple. Many people are scared that the price is way too high and that is why they should not be investing into anything at all, they are scared and I understand that. I am not saying it is bad time to invest, I am still putting money into crypto all the time, I have lost a lot of money on days that were purely green, I really do not mind whatever the result will be I will keep on investing because I like crypto.

However that doesn't mean that we should only see the world from our perspective, there are tons of people who are scared of this situation and not investing. I would be scared too if I was new for example, because price is a lot and people do not know what they should invest into when prices are so high. What if prices went up so much and now it is time for them to go down? Who knows when they will go down? So, that is why they are scared.
3751  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Could DOGE could reach 1$...? on: March 26, 2021, 06:50:14 PM
It could reach one dollar if it will overhype, just be careful dealing with it or you will only become a victim of whales dumping on you. Not because it is supported by Elon you should go all in with this coin, he can shill any shitcoin he wants and can really influence investors to buy any particular coin.
Even with an overhype, do you really think that doge could do a 20x during this market? I mean everything needs to go up in that case, if bitcoin is 200k, I do not see how doge may not reach 1 dollar, but aside from that? I do not think so. We are not talking about 0.1 here, that is 2x and that could possibly happen with a hype, if something huge happens it may reach there, but we are talking about 20x which is impossible as the current market stands if you ask me.

We should not give people hope, 1 dollar is not going to happen, not right now, not anytime in the near future. Maybe in 3-4 years it may reach that level when the next cycle of bull run comes, but that is about ti as chances go, there is no way that it could continue to make that kind of money. This is why I think it is quite near impossible for now and we should tell that to people.
3752  Economy / Economics / Re: What's Next? After Bitcoin Passes The 60K Mark...... on: March 26, 2021, 05:56:54 PM
Is bitcoin for speculation only?   or it is really useful in our daily life?  just curious..  What product can we buy by using bitcoin only...   how many Merchant accepting bitcoin?   is it a huge number?   what do you think?
The price movement is not over yet, and I believe that it still has a long way to go.The question is what happens after we have mined the last Bitcoin? But there wouldn’t be a need to talk about that since it is going to be a long time before we will see that happen.

So, to answer your main question which is what happens after this 60k dollars? Well, nothing much, we are still going to continue making use of Bitcoin the same way that we have been making use of it, for transactions and for a store of value, nothing really more than that. But, hitting 60k dollars does not put a limit to where the price can reach in the future, we still have a long way to go.
3753  Economy / Economics / Re: Covid-19, Lockdown and repercussions on: March 26, 2021, 02:42:04 PM
Maybe International pharma companies can help India out and deliver vaccines from USA? Eventually all people in USA should be vaccinated and then the export of vaccine doses can start. I find it kind of sad that there is no international approach to the vaccination process. Every country is on their own and is trying to out bid others. India has so many more people than USA and UK. A distribution based on population would be fair.
It is harder to convince pharma companies to bring drugs from USA to any other nation, even big rich nations, and harder for them to do that for nations poor like India. Reason for that is the fact that in USA the health sector is unregulated, people could buy all stocks of a drug and 4000x increase the price and sell and there is nothing stopping them doing it, whereas if you did that in any other nation government would literally seize your production and stop you from doing that.

This is why they rather sell something in USA for 300 dollars instead of 10 dollars in big nations and maybe 3 dollars in small nations, why would they lose that? However if they can produce a lot of it and there is vaccines not being sold enough in USA that would spill towards other nations, but that will take some time, which is why I doubt it would be anytime soon.
3754  Economy / Gambling discussion / Re: Premier League Prediction Thread 2020/2021 on: March 25, 2021, 05:22:03 PM
Leeds United has a good season but they have not been able to stay on the top. However, it is not actually bad result for them in their first season in Premier League. With the experienced coach (Bielsa) and the young squad, they can improve very much in next seasons.

The problem for Leeds United is prevent transfers of their key players. It happens for every small team when after one or two impressive seasons, they have bleeding transfers and lose key players to top clubs. After that they fail to replace them with other players and results fall down. Delegations are consequence of bleeding transfers.

About Bramford, it is a discovery of Premier League this year. He had some impressive matches in early of this season but how far he has gone so far is more impressive. We talk too much about Son Heung Min (Tottenham) but please see Bramford scores more goals than Son in Premier League. He plays for Leeds United, a much smaller team if you compares it with Tottenham. Only 3 goals less than Harry Kane.

https://www.premierleague.com/stats/top/players/goals?se=363
That's what I was saying, Patrick plays in a very attacking team and scored a decent amount of goals. I am not talking about if Leeds will be great this year or next year or whatever year after, that is not what I was talking about, they could be doing great or terrible in few years. However I think he could be the top scorer at the end of the season if they keep playing this way.

Leeds have many players that they will fail to keep, Patrick, Rafinha, Dallas, Phillips, and many alike, they are not really doing that amazing if you ask me by not making a profit enough to cover that difference because it is a covid ridden season so the payments will not be high, and other teams at the top are still losing money but they are so rich that that they will be capable of paying no matter what. This is why I think it is quite clear that we will have to sell some players to keep afloat financially.
3755  Economy / Gambling discussion / Re: UEFA Champions League Discussion Thread on: March 25, 2021, 04:52:34 PM
Kroos and Valverde will also miss the first leg. So will Jordan Henderson but none of this should be particularly damaging, both clubs have reserve players in those positions to choose from.

I hope Naby Kieta stays injury-free though, he and Origi are starting to be played in these CL matches and he's probably going to be difference between us advancing to the semifinals or getting eliminated.
I think all those players matter a lot. Having an injury will always matter because that usually means even on the best case you will not be able to sub those positions, why? Because you had this main player, he is injured, so your bench player will take place, but the bench will be taken by someone that is not good enough at all.

It means in case of an injury, it is going to get worse, and in case of a fatigue situation you have to keep playing them, basically you are taking out the option of subbing that position out, or doing much worse if you do. That's why I think even single injury matters, even if Jordan Henderson was healthy but on the bench, that would be fine, it would at least give them an option just in case, but this way it is bad. This is not about these specific injuries though, it is about any injury to a starting eleven player.
3756  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH or Bitcoin which is best. on: March 24, 2021, 06:26:28 PM
Bitcoin and ethereum is now increasing the price day by day. How how to choose and invest the coin. Bitcoin or ethereum which is the best future investment and how to invest the coins. Kindly explain me the Bitcoin and ethereum coins deats. Kindly share the link also. Which is best opportunity for invitations coins. Kendriya give me your advice to invest the best coins
People can keep arguing over which one is better for years and there will not be a right answer for this, we are going to keep seeing this go bigger because they will both go super high from these prices but this argument will never end. Bitcoin could be ranked higher and ethereum could have a better blockchain but none of this makes them better than each other, deciding which one is "best" is like trying to decide something that doesn't even exist.

This is why pick whatever you want because what you pick will be your best choice and that's fine, who cares if you are wrong, after all the only thing that matters is your own choice and neither of these will go down too much while the other stays up, I think both eth and btc will go up, maybe one of them could go up faster than the other but both will, so pick your choice and go with that, or better yet invest into both of them.
3757  Alternate cryptocurrencies / Altcoin Discussion / Re: ethereum wallet, choosing one on: March 24, 2021, 07:20:18 AM
looking for a software wallet for eth, not hard, just for cold storage, not a browser plugin. running on pc and android possibly

kind of what electrum does for btc
I still think that metamask is much better than any other one. MEW and the likes all got hacked back in the day so I do not trust them, this doesn't mean that metamask will never be hacked at all but at least we know that there was no instance of metamask being hacked and thousands of people losing their money all together, that happened in the other ones and that is why I do not like it.

I also think that we have safepal right now and they do have erc20 tokens I think, it is at least an ethereum wallet that is hardware, that could be a first but first I want to wait and see what happens with that. Long story short we are in a difficult period right now and that is why I am not sure what is going to happen with each wallet, any of them could be hacked, but it is wiser to pick the unharmed one and you can recalculate if anything happens there, keep your money as further away from others reach as you can.
3758  Economy / Gambling discussion / Re: Premier League Prediction Thread 2020/2021 on: March 23, 2021, 06:52:40 PM
I would not say that Tottenham is famous for stability this season in the case of Kane, especially since it is rumored that Kane himself is not so impressed with the future tournament ambitions of his current club. Liverpool, with their unstable results, are still successfully failing the season in England and Salah is also not so stable, along with the entire attacking line of Liverpool. I sympathize with both players, but personally I would like to see Kane win the argument.
Interestingly I had Patrick Bamford at the start of the season, and nothing is done neither so I am still keeping up with him. I know that he has a lower chance to score the most, but Leeds is a team that scores a lot and has the famous Bielsa attacking mentality, so it is obvious that we may not end up with something that would be too wide of a gap at the end of the season.

I know Pat is not scoring every single goal, but he is scoring a decent number of goals and only 3 goals away from Kane as well, with the right few games he could actually go ahead a lot. Premier league do not have a lot of games with tons of goals but sometimes someone beats Southampton by 9 and that type of one game could make Patrick go further ahead of anyone else. Let's wait and see, I am not losing hope for Pat and think that he could actually end up winning it this year.
3759  Economy / Gambling discussion / Re: 2022 FIFA World Cup in Qatar - UEFA Qualifiers on: March 23, 2021, 06:02:24 PM
Turkey vs Netherlands is going to be the most exciting match in this round. Netherlands is one of the strongest European sides and in normal circumstances this should be a cakewalk for them. But they will have to put in a lot of effort this time, because Turkey is also in excellent form. Recently, Turley held Germany and Croatia to draws. However, in their last match they were defeated by Hungary.
I wouldn't bet against Turkey that easily, I mean they managed to beat last champion France in the groups, and they managed to get out for euro cup as well, that seems like a thing that could still happen for Netherlands as well. Don't get me wrong I think Netherlands is the better team here, but I also assumed Turkey would lose to France as well but they didn't.

So that is why I think it will definitely be the most exciting game of tomorrow, because we do not know which Turkey will show up, the one that missed world cup, or the one that beat France? Both of them are different ones and that is why I think it is going to be a bit different this year. Slovenia and Croatia will be a close one as well if you ask me and Serbia Ireland game could be close as well, I just do not know what will happen with those three games, they look closer than anything else.
3760  Bitcoin / Bitcoin Discussion / Re: Why do people care who Satoshi is/was? on: March 23, 2021, 09:12:46 AM
Why do people care who Satoshi Nakamoto is/was? It's like wondering the name of the person that created the wheel. Sure, I suppose I would be curious about the name of the inventor of the wheel, if nothing else to raise a beer to them from time to time, but ultimately the wheel is the important part of the story.
I guess maybe some of them sees it as a fun thing to do, it’s like a puzzle to them so they keep playing it for the fun lol, and also they would like to be the ones that discovered the secret of who the creator of Bitcoin is. I just don’t really know whatever the reason is that is pushing them to keep digging for who Satoshi Nakamoto is. Well there are still some of us who don’t care about all that.

Satoshi Nakamoto has decided to stay private and not even touching the huge amount of coins stored on his address, so it’s best they let him be. He’s not like other developers that will always dump their bags once the coins they created has started growing in price.
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