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3921  Economy / Trading Discussion / Re: Trading crypto is a different ball game on: August 31, 2020, 08:23:35 AM
it is also because our fault tbh. mostly if people talks with you about how do you make money at trading, they will say trading because it's the easiest money making on cryptos. and by saying that trading is an easy task and everyone can do that, and people will literally believe that also after they lose, they just bitching about cryptocurrency because things are not looking at they have expected before
It is not the fault of the people who say trading is easy, it is up to the person whether they should believe or not, in the end the decision to do crypto trading falls in your hands as you are the one who will benefit or not from it. Regarding OP saying that having experience in other trading will not help you when you trade in crypto, I think so otherwise, when you get experience, you can use it to provide a foundation for new endeavors, the problem was he got cocky and have others manipulate the pump.
3922  Economy / Trading Discussion / Re: Is Buy and Hold Really the Best Strategy in Crypto? on: August 31, 2020, 07:32:13 AM
Not necessarily a strategy in my opinion, for me buying and holding is just a way of safekeeping your money to combat inflation of the fiat that you want to convert. Strategy for me yields you profits that can help you along the way and not help you when the time comes.
3923  Economy / Trading Discussion / Re: Safety first before trading on: August 31, 2020, 06:54:38 AM
If you want to trade then go trade on the trusted sites, the problem is people wants to find a site that does not take a cut, give the site some slack, besides traffic that is their only way of earning. I do not know much but I hope that is the gist of it. The real safety should be having an emergency fund in the case where you are having a downtime when trading. Regarding scams, most of them could be prevented if you have a common sense but there are elaborate ones out there so doing your research is strongly adviced.
3924  Economy / Trading Discussion / Re: Which type of trading you think is good? on: August 31, 2020, 06:20:50 AM
Neither is good per say. The goal is to be profitable trading. Therefore you attempt to leverage all information. For example if your technical analysis is giving you a bullish signal and you also find a bullish news catalyst you would long that asset with conviction. If your only getting 1 of the 2 you might long with less size or stay flat waiting for both to signal bullish or bearish to take a position. You don’t just rely on one or the other but rather use all available info to take a bias position.
Experience will give you an edge and in the long run as you gain experience you will eventually manage to use all the available resources. In the meantime, try to read and learn as much as you can about trading so you can sped your way to become knowledgable, it is okay to make mistakes and start over.
3925  Economy / Economics / Re: US economy will continue to recover - Powell on: August 31, 2020, 05:37:43 AM
It is prettysad that as the economy suffers then the people suffer too but with these election going on, they are using it as a political agenda, they could have created a better response through relief but no, they instead bide their time to formulate how to stay in power and people are suffering because of this, I hope that the election will bear a fruit to help the people and the economy stand on its feet again.
3926  Economy / Economics / Re: Covid 19 shows how weak People are in the it mind on: August 31, 2020, 04:57:39 AM
Most of the people lived in the time of peace, we can't judge them for having a weak mindset, have you expected that this would happen OP? I think no. Oppotunity does not knock on everybody, most people live by paycheck to paycheck, would the pandemic be considered opportunity for them if the only only source of cash they have has been cut off because of widespread lay-offs. Saying that people have a weak mindset in regards to pandemic is utter bullshit.
3927  Economy / Economics / Re: world war 3 is coming ...do to coronavirus / economy ... on: August 31, 2020, 04:14:06 AM

Have you heard of submarines? They are the insurance that there will be a mutually assured destruction. How much time you think it takes to know that an attack has happen? You do not know a nuclear nations capability to know who attacked, it is a complete BS about the thing where you attack first then the enemy will not attack, what are a samurai?




Get rid of the submarines also,track them and nuke the oceans if you have to ...simultaneous attack

https://www.youtube.com/watch?v=ZUNNXecb6nA
Dude this is not Call of Duty where the narrative goes right. Did you know that submarines are the pioneers of stealth combat? Which means they can sneak past the vast ocean and launch the ICBMs anywhere.
3928  Economy / Economics / Re: world war 3 is coming ...do to coronavirus / economy ... on: August 30, 2020, 10:27:27 AM
Nuclear war does not result in mutual destruction ...that's a lie ... if you kill the enemy first ,he can't kill you after.

If you wipe out his country of the face of the earth how is going to attack you after ?  
Have you heard of submarines? They are the insurance that there will be a mutually assured destruction. How much time you think it takes to know that an attack has happen? You do not know a nuclear nations capability to know who attacked, it is a complete BS about the thing where you attack first then the enemy will not attack, what are a samurai?

You need to attack him with all you got before he attacks you , you got to do it with a stealth attack.
What the hell? You think launching all of the nukes launches instantly? Unless they prepared an complete assault then they can do it. Another BS, if you exhaust your resource in one attack then you will be vulnerable to other countries attack.

Why should i use  icbm's to launch an attack ?

You can just put 1000 tsar bombs on freight trains  and send them to the enemies capital and major cities ...you have to find a way to bribe the border guards...and make them think your smuggling drugs or something like that...

Plans like this they never think of ... they think always long distance attacks ...
ICBM is the most effective because if you are planning a nuclear holocaust then you might as well spend the least resource as much as possible. Why the fuck would you risk a nuke train when you are country? What are you a Bond villain? You can't easily smuggle shit that has a nuclear on its tag which means you can't put it in a public transport. Why would a border guard accept a bribe when he knows it will cost a destruction.

Also did you know that when thousands of nukes are detonated even in just one country, the effect will be felt around the world? Did you know that it will cause nuclear winter that will affect the surrounding places of the fall out? There is a reason why they are not launching these bombs, the nuclear researchers have proven the effects in the long term after a nuclear fall out. Read about the Chernobyl so you can understand my point. The point of going to war is to claim the resources of the target country, now if you nuke that or sneak a nuke train like in Hollywood then you essentially destroyed the objective which is the resources.

Read this: https://en.m.wikipedia.org/wiki/Chernobyl_disaster
3929  Economy / Economics / Re: Gold and Bitcoin history on: August 30, 2020, 07:34:19 AM
Gold and bitcoin are different things and cannot be considered the same. Gold has a physical form and naturally exists and because of its uniqueness it makes gold valuable so that it can be used for real transactions. while bitcoin is something that is made by humans and only applies in cyberspace. by nature it may be equated because in the user community, gold and bitcoin have a high value.
I had stroke reading OP's post but from what I can understand, he wants to compare the timeline where bitcoin is so relevant as gold. My answer for that is as long as there are humans, both will be relevant. Yes they are different but they both will define a new financial age, gold has done it with the Gold Standard while we are still waiting for Bitcoin and I am sure that the time will come that it will open a new path for a new financial era, where we are free of bureaucracy.
3930  Economy / Economics / Re: world war 3 is coming ...do to coronavirus / economy ... on: August 30, 2020, 06:51:53 AM
A war will not be coming OP, there will be talks before anything else. Why would these egotistic leaders declare war and ravage the natural resource as a result. We are at the age of neo-conquest where traditional warfare is not the first option. Plus ICBM would result in mutual destruction which means that no country will benefit from the result of the war. Maybe anarchy will happen but war is a very unlikely thing. At this day and age the one who is the greatest is the one who wins without waging a war. So much conspiracy videos for a day.
3931  Economy / Economics / Re: China is winning the Economy Wars on: August 30, 2020, 06:19:30 AM
For an under developed country the economical help from a country like China is necessary. I don't see a problem taking the help. But the loan taker needs to figure out the consequences for failing on the loans repayment. The corruption within the country is enough to ruin the economy. China and the USA both are like the two sides of a coin. Both of them want to rule the world resulting a global economical fight. Have you heard about the "Cold war"?
Yeah dude, I know Cold War, I am a history nut.

You also think that the money trap is reasonable? You are blind dude. You want your land seized by the CCP because that is what happened in Sri Lanka. They can't pay the debt and now they do not own the infrastructure that they built in their land. Have your read the article link I provided? Also did you know that the money they loan to this poor country is totaly rigged? They have a very high interest just so you know and that is the reason that most countries can't pay the debt.

By the way Cold War is just a fancy way of invading countries without launching bombs and nukes.
3932  Economy / Economics / Re: I have discovered Something about covid 19 on: August 30, 2020, 05:24:27 AM
They are not totally hiding these problems.  Leaders are actually helping each other and looking for best solutions to fight the economic disaster brought by this covid19.
It's unexpected generally, because it was hidden on it's early stage.
Temporary solutions are to make works less people, so there are ones that are scheduled alternately. This will help the economy somehow to stabilized.
OP might be professing a conspiracy theory, while reading OP's post I got a stroke. In the first place, why hide your problems when your citizens can see the cracks slowly showing. The reason that we have this economic problem is that most of the countries do not have a very good emergency measure, my country for example is too incompetent to make an efficient measure regarding the current state of the country, they instead kill their critics and tolerate their corrupt personnel.
3933  Economy / Economics / Re: Remote Working and Inequality on: August 30, 2020, 04:30:49 AM
Inequality has existed before, it still exists and also will continue to exist in the future too. But the amount of Inequality within the same industry will reduce. What I mean by that is, if you are a person doing work in Asia you will get paid he same as a person doing work in America if it is the same work profile.
The reason that inequality still exist is because some people are too whiny and bitches in almost anything, ignorance and greed come side by side, if only people are understanding and reasonable then inequality will slowly fade out.
3934  Economy / Economics / Re: Will African countries be developed? on: August 30, 2020, 03:29:26 AM
Many countries from African continent has the potential to become developed but their natural resources are not used in the right way, people are ignorant there and also leaders becomes dictator and so much of chaos in those countries which lead them to be in such a bad situation even after having everything.Maybe next generation will make them to be, just a hope.

And that next generation should be properly educated.
Right education will give them the power to choose what is best for their country.
Also, if corruption will be addressed but that will be a very challenging part for those that will govern their country.
It is somewhat innate to their culture already, why corruption is hard to eradicate in their system.
Til then, I don't know how they can work in a more progressive way that will truly benefit their government.
Education should be the first priority, then nutrition. The problem with Africa is they have a corrupt and incompetent leader, the only example that I could think of is Rwanda's Paul Kagame, yes it is a dictatorship but he has an efficient way of managing the country. Another overlooked problem is the tribe's rivalry like what happened in Sudan and other countries in Africa, if these problem could be resolved then much of the violence will be quashed on the spot. Another problem is terrorism in Africa, good thing about that is many countries are helping in destroying these to help Africa.

Africa is a gold mine, that is constantly pillaged by greedy foreigners and I hope that one day they will flourish.
3935  Economy / Economics / Re: The pros and cons of going cashless on: August 30, 2020, 02:46:35 AM
This is an interesting topic.  Personally I believe that we will not have a completely cashless society at least for another 2-3 decades or so.  I think that cash, cold hard cash, has been so ingrained in our societies that it will take quite a bit of time to move away from.

That being said, I think we are clearly on our way to a cashless society.  I don't think you can even argue against this.  Bitcoin and the blockchain have paved the way to this cashless based society, even more so that credit cards did in my opinion. 

I agree but I think it is still early for Bitcoin.

Maybe other cryptocurrencies could be used in this scenarios or maybe in the future, maybe Doge. Even before we talk about Doge and other cryptocurrencies, I think we will walk through Cards and these online wallets like PayPal and maybe PayMaya. Cryptocurrencies might not be that good for some people and I think it still needs more time.
If the all the cons could be resolved then the chances that a cashless will become a thing earlier than we could expect. The problem with going cashless though is the possibility of total collapse, now what I mean by the total collapse is when all of us are doing cashless transactions, what would happen if the power grid is down? EMP grid down kind of situation? I do not know the right answer but if my deduction is correct maybe a total chaos/shit hit the fan situation will happen.
3936  Economy / Economics / Re: China is winning the Economy Wars on: August 29, 2020, 12:09:01 PM
Colonization is already working from those countries who borrowed money from china. I have heard that there is a country that sold some parts of its land to china because of unpaid debt. I do not want that to happen in my country and all this will depend on the leaders that will take care every debt being made.

Hopefully that china also will going to give chance to all whos in debt because they too became the reason of this pandemic which started in their place.
The country that is on the tip of your tongue is Sri Lanka, and you can't control what future your country will have unless you become influential, and I pray to anyone out there that your country will not succumb to Chinese influence unlike mine which is slowly eaten by the Red country.

Also, sorry to be a Debbie Downer but I do not think China will be lenient to its debtors, like any day, this day is business as usual. They have a reason that they let them borrow their money, and the current situation is a very perfect set up for their schemes.
3937  Economy / Economics / Re: China is winning the Economy Wars on: August 29, 2020, 08:14:02 AM
Economically, China has great power to develop its country as well as to help other countries that need economic assistance. For me it is not a trap, but an agreement from the two countries. so what happened is a consequence of the agreement.
So it is alright for you to let China take control of the infrastructures built by the money being borrowed? Do you think that the agreement of taking control of the infrastructure and the land of your own country is a just consequence? I think no because this is clearly an invasion to a land and if you do not see it then you are blind or ignorant.
3938  Bitcoin / Bitcoin Discussion / Re: Can Satoshi Stop bitcoin? on: August 29, 2020, 07:27:15 AM
Satoshi himself has no capability to stop it, and he himself should know it with how he built the blockchain system to work after all. This is basic of the basics though, and when has he ever stopped it to use the word "again" though? His influence could plenty be useful though in moving the market and influencing what movements could be possible in the market, but I doubt it would even happen at this point. Plus, if he decides to make himself show up and participate in the background coding or something of Bitcoin again, you'd expect a LOT of people to trace him, and no system is perfect and so you'd expect his real identity to be found out sooner or later. I really doubt he'd risk that after 10 years of not showing himself.
God bless Satoshi's design to prevent people from exploiting it, aside the typical bitcoin/cryptocurrency related scams, it works like a charm, I can agree with the fact that Satoshi will not stop it. Why would you destroy your brainchild when it is clearly flourishing and helping people liberate from mainstream financial bollocks.
3939  Bitcoin / Bitcoin Discussion / Re: Barriers preventing you from using bitcoin today/advantages of using bitcoin? on: August 29, 2020, 06:36:33 AM
You will not get widespread acceptance of bitcoins in supermarkets and stores. Because there is no economic feasibility for their owners. To date, Bitcoin makes ~350 thousand transactions per day, distributed around the world. If we take 1 billion people from civilized countries, then on average out of 3 thousand people, only one can make a single transaction. One in 3 thousand. If 3 thousand customers pass through the supermarket every day, you will receive only one payment per day in bitcoins. If 500 people pass through a restaurant a day, then one bitcoin payment is made in 6 days. In reality, this figure will be much lower, because most bitcoin transactions are "buy/sell bitcoins".

Stop dreaming. You want to pay with bitcoins, but you don't want to change anything with Bitcoin. This won't work. If you want to use bitcoins, make it possible to make 50-100 million transactions a day. Then, perhaps, you will see the bitcoins in supermarkets.
That is a really pressing issue that I also am pondering about. Also, how would they sustain a proper economic flow if there is only a limited amount of coins? And the last block will be mined by 2140, the current quantity will not match the population. To make these thing work, the bitcoin should be passed around different transactions every second to accomodate global trade.
3940  Bitcoin / Bitcoin Discussion / Re: New information from Satoshi? on: August 29, 2020, 05:57:32 AM
I dream of the day that people finally stop wasting time finding out who Satoshi Nakamoto really is(because good luck with that, and knowing who he/she/they really is/are isn't going to help anyone besides the authorities), and focus on other things that's more worth the time instead.
Me too, there are more things to do better than finding who Satoshi is. I was obsessed once about Satoshi's identity but then I realized maybe if Satoshi wanted to be known then Satoshi could have done it a long time ago. If your excuse as to why you want to find Satoshi is to thank then you can just use bitcoin as Satoshi intended it to be used, making Satoshi's vision come true is the biggest "Thank you" that we can do for him.
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