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4341  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: September 03, 2023, 08:31:09 AM
In the second half, Bayern Munich had a simple game plan. Attack and keep attacking until you score enough goals to win the match. In the end, Bayern Munich was able to win the match by 2-1. This keeps them at the top of the scoreboard right after Bayern Leverkusen.
At the end, Bayern Munich won over Gladbach and keep compete as Bundesliga teams with winning three matches with Bayern Leverkusen, not easy for Bayern Munich against Gladbach because have conceded early and late goals from Mathys Tel success help Bayern Munich with three points achievement. Leverkusen keep lead top standing awhile because they have more goals productivity than Bayern Munich, last three matches Leverkusen success scored 11 goals and bayern Munich scored 9 goals. Harry Kane not scoring goals in this match against Gladbach and I think he needs consistency scoring goals if want get chance become top scorer in Bundesliga.

the success of Bayern Munich victory today has made this team even more confident that getting to the UCL competition will be a little easier, even dominating and reaching the top of the Bundesliga standings will be very easy for Munich. today Bayern Munich performance was perfect even though Kane could not score in this match but I understand because it still takes a lot of time for Kane to continue learning to understand how to play other players from other teams and I think if Kane is used to it and can learn the team playing style otherwise, it would be easier for Kane to continue scoring goals like when he was still in the EPL.
congratulations to Bayern Munich who are just one step away from overthrowing Leverkusen and there will also be tight competition in first and second place and for Leverkusen I hope this team must be consistent if they do not want to be overtaken by Munich.
What played out between Monchengladbach and Bayern exactly vindicated what I wrote yesterday, I knew a thing like this would happen. Harry Kane who people are rating higher and expecting much from might not perform as they seem, for now, Sane whom they are not mentioning much is often delivering. Thanks also to Mathys Tel who saved the day at pressure time. Despite their win against Monchengladbach yesterday, Bayern Munich is still facing challenges and has not gotten back to their former self in which they did not only easily win such a team but won them with many goals. This is more reason why I would still not think towards the angle you referenced concerning the UCL, they might not perform up to the last season if care is not taken.
4342  Other / Beginners & Help / Re: [Merit] Help posts in local boards that did not receive enough merits on: September 02, 2023, 02:54:51 PM
Naija Local Board

This is the list of links:

Link 1: https://bitcointalk.org/index.php?topic=5465285.msg62781232#msg62781232

Link 2: https://bitcointalk.org/index.php?topic=5454381.msg62320766#msg62320766
 
Link 3: https://bitcointalk.org/index.php?topic=5462955.msg62689766#msg62689766

Link 4: https://bitcointalk.org/index.php?topic=5455927.msg62384999#msg62384999

Link 5: https://bitcointalk.org/index.php?topic=5438454.msg61722298#msg61722298

Link 6: https://bitcointalk.org/index.php?topic=5441188.msg61816390#msg61816390

Link 7: https://bitcointalk.org/index.php?topic=5455535.msg62374681#msg62374681

Link 8: https://bitcointalk.org/index.php?topic=5431983.msg61513404#msg61513404

Link 9: https://bitcointalk.org/index.php?topic=5460859.msg62622120#msg62622120

Link 10: https://bitcointalk.org/index.php?topic=5441188.msg61816390#msg61816390
4343  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: September 02, 2023, 01:58:44 PM
In accordance with prior game statistics, Bayern Munich has not won in the last five meetings against Borrusia Mochenglabach. It's challenging, and I'd certainly give Die Fohlen the upper hand. Thomas Tuchel is additionally going to take sturdy equipped measures, so let us wait for the initial possibly outcome. Borrusia Mochenglabach necessitate against Bayern Munich in the third round of the Bundesliga. Die Fohlen are currently rated 12th in the Bundesliga and have yet to collect three points in the new season. Gerardo Seoane, the head coach of Mochenglabach, is surfing for strategies to keep the Bavarians at distance. 
The meeting record may be one that we will take into consideration, but that doesn't mean it will fully guarantee the match will be the same as before. Bayern Munich look better prepared now than ever before, and this is their chance to break their Monchengladbach duck, I believe they are highly motivated ahead of this game, and they will have to show that on the pitch.
There are a few things that should be noted for them, the first of which is that they must ensure that these first 3 matches are promising matches, and also they must not underestimate their opponents.
Bayern Munich game against Borussia Monchengladbach I think will be the star match of the this weekend's German Bundesliga games. The Bavarians who will be playing away at home will want to end their winless streak against the Die Fohlen in their last five matches.
Harry Kane who will be leading Bayern Munich attack will as well want to continue his fine goalscoring form in the league. From the analysis about the game, it promises to be a very tight game but I think Bayern Munich are gonna win the game and go home with all three points.
Kane needs to continue to impress Bayern and its star, if not, they will regret the signing just like Sadio Mane and will be looking for an urgent replacement. As much as I do not want this to happen, the will and ability alone will not do it, let good fate follow him to pitch. Personally, I don't believe Kane will do much for Bayern in the long run, he will only try his best but needs more supporting strikers. I keep watching how the situation unfolds. But I see nothing so much with the Monchengladbach vs. Bayern match but if Bayern will not easily win this game or lose, then it will be a good reason to suspect that something is wrong.
4344  Economy / Economics / Re: Stable coin or having USD in bank on: September 02, 2023, 09:59:27 AM
If bitcoin price have increased, I can decide to convert some to USD or stable coin. Which one is better? Or is there other alternative which can be comparable with bitcoin in a way it would be independent and having full control characteristic.
This was the first question that ranged in my head when I started holding and trading Bitcoin on the spot market, and the answer is as simple as anything.

It's in two categories;

1. If I want to keep my money and not for investment, I would rather keep it in my bank account in USD. By this, it's saved from stablecoins issues as 1$ will always be equal to 1$.

2. If I want to keep on investing it and exchanging it periodically from Bitcoin to a stablecoin and vice versa, I will keep it in the stablecoin. But I've been dealing with and will only deal with USDT.
4345  Economy / Gambling discussion / Re: Quit gamble! Easy or Hard? Let's talk. on: September 02, 2023, 08:46:35 AM
Some gamblers believe in superstition and it's working for them as they win whenever they do whatever the superstition is about but that doesn't mean that the superstition is real. If you decide to follow them, it mightn't work for you as you don't have their level of luck.
Superstition is just a mechanism the individual uses to deceive his mind into believing there is a concrete evidence of a working strategy behind his winnings. He doesn't want to believe he wins just because he is lucky, because it's a too unstable way to see things, since your luck can vanish anytime, giving place to the unluckiness. On the other hand, superstition looks a safe method to play, since it works like a cake recipe you follow to reach the same results everytime. That is his mind protecting himself from the insecurity emotion of playing a game that can change anytime against him.

Also, when you are superstitious it's harder to quit, because you always feel like you have an ace up your sleeve.

Yes, but for this gamblers, they will have to lean onto something, a belief that they can win again and again and that's why most gamblers are superstitious. Met some of them locally, and they have like a bunch or rituals before playing on going on to let's say a traditional base casinos.

But we all know that everything is based on pure luck, I don't think that superstitions can help that much. If you are not lucky that day, then there's nothing that you can do. Maybe the best thing is to just quit for good and try maybe tomorrow to see. Maybe it will be different, in my opinion.
WTF, people going spiritual to win gambling??? That's the height of it, how could they be so naive and try to cheat the balance of nature with spiritual manipulation? Well, it's obvious that such a thing doesn't work, because if it works, it would have been a trend that people will be imbibing these days. I think I heard of a story similar to this in my country too, but it has been many years back to the extent that I couldn't remember vividly anymore. The person tried to go diabolic on a lotto company but ran mad in the process.

I believe that all these are unnecessary but people are doing it for the desperation of wanting to make money very easily and fast, which is not wise. Gambling is not the place to turn to become rich, you will hardly see people getting rich there except a few who are just destined for it. Gambling is where you can get a moderate amount of money, and can be consistent with it only if you know how to play well and luck is on your side.

I don't know if you can call superstitious gambling belief as spiritual though, but we all know that gamblers are one of the most superstitious persons that you are going to be meet because they believed that things can affect their winning or losing a game.

That's why I said that everything is based on pure luck and pure luck alone. There is no amount of spiritual or whatever we call it that can change the game in our favor. So just enjoy and have some fun and gamble money that we can afford to lose.
My friend, this is not superstition, it's real, some people are desperate and are going spiritual to win games, it's as bad as that. People have shared experiences of winning games through merely dreaming of numbers, and if that could happen, then knowing some games spiritually might not be impossible. At times, the country or environment we are makes us doubtful of certain things and generalise it as superstition, but in practice, it's so real. That's why it's good to travel often to know what's happening in some other countries and add it to our experience. Many of those things we see in movies are not only scripted but scripted reality. People could go the extra mile to make this money, and some will do it so that they will be able to see the vision to predict what will happen before it happens.

Does this thing work? I don't know but the fact remains that people do it and will continue to do it. Nonetheless, it has not stopped the house from winning and smoothly running its business.
4346  Economy / Speculation / Re: BTC Sentiment Poll for September on: September 02, 2023, 08:32:24 AM
Nonetheless, it would be difficult for anyone to know the exact spot it would bottom this month. But it's good to note that the viable support is at $25,000-$24,700. A successful breach of those levels could send Bitcoin lower to $20,000 and below.
Noted - but I don't expect that to be true this month unless something bad happens. Mtgox is one of the issues I will be keeping an eye on throughout this year - it will obviously send the price of bitcoin falling to low levels that could possibly fall below $20k. For September - I chose sideways, at least it's safe to think about that.

I definitely don't expect bitcoin to test the new support level at $24k - but that can't be prevented if market participants sell off. Of course that would be bad for the market - but just like in the past, prices will recover over time.
Mtgox? I simply don't get it, or am I missing something? I simply don't know how the Mtgox issue would affect the Bitcoin market so significantly as the effect had been priced long years ago. Even if they deliver as it's being hinted, it will be positive for Bitcoin and cryptocurrency, and if they renege in it, so be it, the market remains as it is as it will not have such a noticeable effect.

You might want to explain to me better how it can affect Bitcoin negatively to the point of making it slips below $20,000.
4347  Economy / Speculation / Re: BTC Sentiment Poll for September on: September 01, 2023, 07:47:18 PM


As you can see on the monthly chart above, the market is bearish and will continue to sell in September unless otherwise stated. This will continue like this so long as the market has a negative price action on the chart and continues to hold below $29,400.

Nonetheless, it would be difficult for anyone to know the exact spot it would bottom this month. But it's good to note that the viable support is at $25,000-$24,700. A successful breach of those levels could send Bitcoin lower to $20,000 and below.

4348  Local / Nigeria (Naija) / Re: Arbitraging of BinanceP2P. What do you think? on: September 01, 2023, 07:24:05 PM
First, arbitrage in trading is allowed and not illegal, it's only at the risk of the arbitrageurs, and once such could be smart enough, then it's all good. From time immemorial, banks/BDC and even the black market operators' rates have never been the same and could be very wide in difference at times, especially in different states. This same thing is what I see here just as it's always in different exchanges, their rates can't be the same, but could be alarming with much difference and will always amount to more money for arbitrageurs.

Also according to my observation, this might not be as pronounced as it seems on Binance to Binance platform because of the difference in range of the amount listed in Buy and Sell orders. Smaller amounts were selected for the Buy orders while Big amounts were selected for Sell orders, which makes it look like a big difference. It should have been the same price range if you are comparing the two fairly within the same exchange, and by this, I'm sure that the difference can't be a big deal. It will be a normal spread as it's in all exchange rates.

But for the difference between Binance and Kucoin, it's a good business for arbitrageurs who detect it. And if my brain serves me right, you will not do the whole business with P2P, else, it will not amount to any profit. You would rather do it with P2P and Bitcoin transfer of both exchanges as the case may be for such to yield good results.

However, be warned about this, exchanges could suspect it as well if it's often, which might cause issues for your account. They could suspect the large amount entering and leaving the same account frequently. I don't know how they react to this though, but they would know something is fishy.
4349  Economy / Economics / Re: CB Consumer Confidence delivers another blow on the US and USD on: September 01, 2023, 12:22:52 PM
I see this may be one of the reasons we can trace to the sudden spike in the bitcoin price and the economy at large, but considering it as a long term effect may not be well applicable here because things like this may not really be the major cause to market shift, nevertheless, we cannot overlooked on the role on consumers in an economy, aside this, some had already stated that the market rise was due the spot ETF breaking news, having known all these, it's very important to know that the consumer role in the aspect of a country's economy is very vital, these are part of what constitute to the demand and supply we have over bitcoin as we see in it price movement either to go bull or bear.
I quite understand you on this, and one thing I've noticed is that when something happens to the market, especially when events happen at the same time, people tend to tell different or conflicting stories. Well, I have been a trader for many years, I didn't just start during this cryptocurrency era, so I followed my news and technical analysis promptly. And during that news in the OP, the USD was dumped massively across the board, not only in Bitcoin. How come would Bitcoin case is the only difference?

It happened to all markets where other assets appreciated against the USD, which EFT news is not capable of. This started exactly at 3:00 PM GMT+1 and buttresses a valid and constructive point as the chart is there for confirmation. But I am yet to see anyone who claimed that it's EFT news to come forward to tell us the time the court news was delivered. They are only pointing to media articles which may or may not be true. Even if it's true, then it could be as you said, (my suggested news+the EFT news), not that it must be the EFT news alone.

However, the news effect clearly shows that the market interpreted it as a need for a more cautious approach to the USD and that people need alternatives to the USD during this time of financial instability.

One day later how does this "alternative" look?  Grin
As we're back at 26k it's clear what it was, a pump triggered by some good news and then the cold reality that Graysacale is just in line for 2024 events, so basically nothing really changed, there was no influx of money, there was no real volume behind it, there was no constant demand even for a day!
You should know better how such news reacts, the market could be delusional, and of course dynamic at the same time, so it reacts for a moment in some cases. What I pointed to wasn't an everlasting market reaction but a narration of what happened in the market, how the market viewed it and what caused it. Whether it's a lasting one or not, it doesn't matter, even the market psychology and other news thereafter determine what happened thereafter.

Personally, I took my profit on that day before the close of the market, which means that I enjoyed it as it lasted. There is conflicting news released for the US after the OP, so what do you expect? The last important one was the Unemployment Claims which favoured the US. Did you expect Bitcoin to continue climbing after such news? I guess not.

Lastly, there is still important news like the Average Hourly Earnings, Non-Farm Employment Change, Unemployment Rate and ISM manufacturing PMI. If possible, they will distort the market once more today, and the news is expected to be released between 1:30 PM and 3:00 PM GMT+1. I don't expect the market to remain the same after it simply because of what I wrote in the OP.


4350  Economy / Trading Discussion / Re: Trading not for everyone! on: September 01, 2023, 10:20:45 AM
Even if you are an expert Trader and you don't know risk management, you will lose on the long run. That is the reason it is said that trading is not for everyone because it is more emotionally attached than experience.

Like you said, patience is really required in trading. I agree with you, because even if one is an experienced trader, that doesn't mean they are going to have every trade be successful; rather, they tend to archive more successful trades than beginners. The crypto market and price movement are always dynamic, as no one can accurately predict the price of any crypto asset they are trading. Although there are some technical analysis tools for predicting the possible moves of the coin before signing a trade, that doesn't mean that all the time the market price can end as predicted. Trading just requires the trader to be confident and get off their emotions when they experience heavy losses.
It's easier said than done but still what traders have to do in trading. Trading is vast and it's like a spirit that invests you to do contrarily to your plan, and the more you try, the more you might see yourself deviating from the original plan. This is why I often laugh when I see people writing about what to do in trading without putting a strong emphasis on discipline and determination to do it. It's a thing trying to do something and another finding yourself doing another thing, this is common in trading and it's all psychological, and the issue of psychology in it has to be taken most seriously. But first, traders must be adequate with a good trading system and management before anything psychology can work. If not, such should just close his trading chart and call it a day.
4351  Economy / Speculation / Re: Will BTC go above $30,000? on: September 01, 2023, 09:07:00 AM
At this moment the situation is somewhat difficult to predict, just a few days ago we saw the price of bitcoin going through a recovery due to a positive news, but now out of nowhere the price went down again, I do not know if there was yet another negative news that appeared or simply this is the work of whales and speculators that are determined to keep the price low, so they can buy bitcoin for a very low price and do so for several months.
I don't know if yesterday's positive news made us at least a little happy for the news to appear but after it corrected again back to the current low of $26K on the other hand there is positive news that ETFs will approve spot bitcoin around 75% as reported today is that also positive? But there is no impact that makes the price bounce back, bitcoin now continues to weaken and we certainly never know the main cause.

In conclusion many point to the fact that the whales are now preparing to continue to buy below, that is only partly an assumption but we think again this is in a downtrend still not the time for recovery.

Rumors and predictions about ETFs proposals being accepted seem like another trap that someone wants us to fall into and believe that it will happen. If you read the news today, you will see that the SEC rejected 7 ETFs proposals at the same time and that immediately sent bitcoin back to $26k, just like there was never any increase. And with this, it is harder than ever to expect bitcoin to return to the $30k. I used to expect bitcoin to reach $35k or $40k by the end of this year, but I'm starting to think more negatively, we are unlikely to see $35k this year.
If anyone is thinking that the SEC's recognition of the ETF will bring Bitcoin higher to $40,000, then the person must be a joker of the century. Even if they approved it, the news will spike it and will still subside over a short time as this is just overhyped by people, not that it really has that much importance on Bitcoin and cryptocurrencies that are already inculcated in the mainstream of the financial market. The market could be delusional, which is why news like this and the expectation from people would be moving the market. But in practice, if they eventually approve of it, the effect might not be as much as they thought.

Technically and with the news surrounding cryptos thus far, it will surely get past $30,000 again this year but certainly not up to $40,000. The resistance below the level will be too powerful for Bitcoin to breach higher.
4352  Economy / Gambling discussion / Re: Quit gamble! Easy or Hard? Let's talk. on: September 01, 2023, 08:51:36 AM
Some gamblers believe in superstition and it's working for them as they win whenever they do whatever the superstition is about but that doesn't mean that the superstition is real. If you decide to follow them, it mightn't work for you as you don't have their level of luck.
Superstition is just a mechanism the individual uses to deceive his mind into believing there is a concrete evidence of a working strategy behind his winnings. He doesn't want to believe he wins just because he is lucky, because it's a too unstable way to see things, since your luck can vanish anytime, giving place to the unluckiness. On the other hand, superstition looks a safe method to play, since it works like a cake recipe you follow to reach the same results everytime. That is his mind protecting himself from the insecurity emotion of playing a game that can change anytime against him.

Also, when you are superstitious it's harder to quit, because you always feel like you have an ace up your sleeve.

Yes, but for this gamblers, they will have to lean onto something, a belief that they can win again and again and that's why most gamblers are superstitious. Met some of them locally, and they have like a bunch or rituals before playing on going on to let's say a traditional base casinos.

But we all know that everything is based on pure luck, I don't think that superstitions can help that much. If you are not lucky that day, then there's nothing that you can do. Maybe the best thing is to just quit for good and try maybe tomorrow to see. Maybe it will be different, in my opinion.
WTF, people going spiritual to win gambling??? That's the height of it, how could they be so naive and try to cheat the balance of nature with spiritual manipulation? Well, it's obvious that such a thing doesn't work, because if it works, it would have been a trend that people will be imbibing these days. I think I heard of a story similar to this in my country too, but it has been many years back to the extent that I couldn't remember vividly anymore. The person tried to go diabolic on a lotto company but ran mad in the process.

I believe that all these are unnecessary but people are doing it for the desperation of wanting to make money very easily and fast, which is not wise. Gambling is not the place to turn to become rich, you will hardly see people getting rich there except a few who are just destined for it. Gambling is where you can get a moderate amount of money, and can be consistent with it only if you know how to play well and luck is on your side.
4353  Other / Beginners & Help / Re: Face unlock on bitcoin wallet devices on: August 31, 2023, 09:57:36 PM
It is on this forum that I knew using fingerprint to unlock wallet device is not good, specifically mobile phones.
Fingerprint is not secure, what about face unlock?
I recognised the risks fingerprint security poses by myself, so I've been careful about it. It could only help in faster opening of wallets and confirming transactions, but anyone can still access it while you sleep, being drugged/hypnotized or under duress. This is why I do not keep any substantial amount in my wallet/account that is fingerprint-enabled.

For the face unlock, it's even worse since no bodily contact is needed for it to be open or confirm your transaction. You might risk a small amount with fingerprint and still do other 2FA security in addition. But certainly not for face unlock. I don't know the reason why they created it in the first place.
4354  Economy / Services / Re: [OPEN] 0xBET - Crypto Casino | Sig Campaign | Up to 0.0025 BTC/W on: August 31, 2023, 03:13:44 PM
I did a withdrawal request an hour ago and I've received an email that it was successful but funds hasn't arrived yet.
I already sent the rep a message about my concern.
I had the trouble of mine yesterday only to know that it was my fault, not theirs.

I was sensitive to note that the fund was been returned back to my account each time I filed for the withdrawal instead of waiting endlessly for the receiving wallet to be credited. If this is your case, you might want to be sure you confirm your email address through the mail sent to you upon registration. It could be in the Spam folder.

It might not come up if you search with 0xbet, just trace it manually.
4355  Economy / Exchanges / Re: Be Aware of Ramitano Change of Address: Don't Send Bitcoins to it Again on: August 31, 2023, 01:47:04 PM
It's Remitano!

Ramitano can be a phishing site of Remitano if its domain is registered and live.
I believe this is a typo error from the OP.

In addition, I can confirm that the information is genuine. However, freezing assets for withdrawal and deposit is a standard practice in certain updates/upgrades. Even non-custodial wallets could do that when need be. The only difference is that you might be certain that you have the key and no one would steal your money.

They (Remitano) are fair enough to communicate promptly and to guide properly which is the most important thing here. "Not Your Key and Not Your Coins" will always prevail but we can't still do without these custodial arrangements if we need the best services.

Just don't save your assets there.
4356  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Binance removing support for BUSD on: August 31, 2023, 01:33:21 PM
Do we need all these different kinds of stablecoins anyway? Almost all stablecoin users uses centralized USDT anyway, and those that don't probably use DAI (the decentralized version) instead.

Most people creating other differnet stablecoins are just looking for cash grabs, though Tether is not without its own problems.

And how will they keep backing BUSD to USD 1:1, if they cannot run the BUSD money printer with the dollar?
I often wonder as well but the answer is not far-fetched still. As you know human beings, give them an idea or opportunity, they will always be selfish and be at the centre of everything if they have the power to do so. It's true that USDT is not without imperfection, but many of those stablecoins are a waste of time too, really crap.

As for Binance, CZ wanted to control everything crypto, thinking the grace and luck that played for him with Binance as an exchange could make it dominate everything crypto.

But business and people's minds are beyond that. You can't predict them.

4357  Economy / Gambling / Re: How succesful will AI projects be to win the house? on: August 31, 2023, 11:55:18 AM
I don't understand one thing in this case scenario --> If you gamble with the AI, where is FUN? This is straight up with the intention to loot the casino and make money out of it quickly.

I mean. You gotta remember that we already have people who is willing (and somehow find entertaining) to see other gamble their money on streaming platforms during entire hours. It is pretty mush similar to those who watch lets plays on Youtube instead buying video games themselves.

So, if there are some many people out there who have fun watching gambling streams, then it is safe to assume they would no problem if they could use an artificial intelligence to automate their gambling sessions and at the same time improving their winning rates by some percentage points. I would not even about looting a casino, because we all know no casino would allow that to happen, they are a business; it is rather about enhancing their gambling experience.
We can see that AI dominance keep increasing and we shall not be surprised if things get clingy and many people will start using artificial intelligence in there various businesses. This is gambling and I have seen some of the gaming bots that are very unique in the results they give better than what an ordinary human can get as a result. We should be surprised if things get out of hands and gamblers will start utilizing there intellectual to create there own bots monetizing it at the same time using it to make more money for themselves.
What I deduced from what you wrote is mixed, and for this, I will give a mixed contribution. AI dominance is non-negotiable, what we saw in the scientific movies while growing up is now becoming today's reality and it will get to the extent that they will have to be cautious so that it will not affect the economy and ways of life. In business, it has started now, many businesses are now using it for responses and some light coding work, that's crazy, but still the beginning stage. There will soon be some AIs for specific works over time, not the ones that will respond to inquiries, so I wonder what will happen to the job market, safety and privacies over time because nothing can be trusted these days.

For gambling, they've started it already, I have encountered many of the services, and it could be annoying in some cases. Maybe they get to perfect them over time. But one thing they will be careless about is letting it do some coding work and security jobs for them, if they do, then they will surely regret it. This also goes to anyone who plans to win with AI in casinos, they will ever deceive themselves.
 
4358  Economy / Economics / Re: CB Consumer Confidence delivers another blow on the US and USD on: August 31, 2023, 09:21:01 AM
"A more willingness to invest in assets like Bitcoin and others rather than spending or borrowing more USD happens in this situation."
Based on my understanding a decline in customer confidence is not good for any sector including the crypto industry. When consumers lack optimism about the condition of a country’s economy, it limits investments spending, and savings. A pessimistic consumer is not concerned about investment but focuses on surviving the predicted economic downturn. Consumers might indeed want to switch dollars for Bitcoin but I doubt if it was the sole cause of the price increase. An economy that is not healthy cannot lead to an increase in the price of Bitcoin because people don't have money to invest.

According to Cointelegraph the perceived reasons for the gains in the price of bitcoin is the favorable court judgment Grayscale Bitcoin Trust (GBTC)/got against the U.S. Securities and Exchange Commission (SEC) a United States Court of Appeals. It is also suspected that the price went up because the bitcoin exchange supply is dropping to the lowest since January 2018.

https://cointelegraph.com/news/why-is-bitcoin-price-up-today
Thank goodness you defined the first line based on your understanding, maybe you should learn more to improve the understanding of why people spend less, borrow less but invest more in some certain economy. And you think crypto is not part of the assets they can invest in at those times? That's laughable my friend.

For the second part, you disappointed me for fully trusting the media for what happened, haven't you seen instances that different media outlets explain different reasons for what happened? Besides, I defined my own exact time, but I couldn't see a time defined on the link you provided, I only saw a date. Bitcoin started climbing at my own defined time which is also the time the CB Consumer Confidence was released. Not only Bitcoin but gold and other assets soared against the USD at the same time and in the same manner. The USD was dumped massively across the market board, and you think Bitcoin's case will be different? Or do you think a merely crypto lawsuit will affect the whole market board like that?

This is also laughable.

I am agreed with you on interest towards USD. I mean few days ago people were investing in USD and now we think they are no more interested in USD that's why they are shifting towards BTC now. I mean why people changes there sentiments so quickly.

It is very hard to find the exact sentiments because as Faisal2202 said, it might be a domino effect which was used to elaborate things out when market dumped and now we could also use it when market pumped.
That is the market for you and if you see the order books, it often changes and could change massively in a very few seconds. The market sentiment is never fixed or holds a disposition for a very long time, which is why the market is always dynamic. The majority might support the USD this minute, and before you know it, the majority might be dumping it. They are always reacting to the prevailing sentiment of the market which is orchestrated by rumours, news, and economic, political and technical speculative influences.
4359  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: August 31, 2023, 08:43:47 AM
You're right partially, but in the world of football nothing is impossible and it might come as a surprise that Leverkussen wins the Bundesliga though the odds for that is very high, for instance there was a time in the Epl when Leicestercity just got promoted to the EPL and took everyone by suprise and won the league, so nothing is impossible, it's just that the Leverkussen are not very strong enough to challenge for the title which has been dominated by Bayern Munich over the years, talk more of now that they've even strengthened their squad depth and got a perfect striker that's capable of scoring goals in every match day.
 To me I feel the Club that would likely challenge Bayern Munich for the title this season is either Borussia Dortmund or Leipzig, well the season just started so I'll wait till it gets to the middle of the season and see the strength of Leipzig before concluding if they'll be league contenders or no.
Leicester is an exception to the rule, I don’t know how they managed it, but I think that this will not happen again soon. In the Bundesliga, I don’t know such examples, the dominance of Bayern is too significant here and their main rival is Dortmund, but even they find it difficult to compete with Bayern. The clubs have slightly different goals, Bayern aims to win the Champions League, and Dortmund aims to educate young talented players and sell them, it is clear that this will affect the team's goals and their results.
Of course, priorities may be different for Dortmund, but I think they want to take the championship title from Bayern Munich now. They had a chance until the last game last year, but they handed the trophy to Bayern in the last game. That's why I don't think Bayern will lose in the Bundesliga anymore. As if the trophy somehow goes to Bayern Munich.

Personally I still don't think Dortmund's goal is to win the title. It is true that they played well last season. They played well throughout the season, and if they could have won the last match, they could have been champions. But if Dortmund were aiming to win the title, they would have strengthened their squad. But they didn't do that. Their purpose is to do business. They sold Bellingham, one of the best players in their squad, to Real Madrid. If Dortmund's goal was to win the title, they would not have sold the best players in the squad. This is why I think we will only see Bayern Munich dominate this season.
Well, I do not think there is a club that will not go for the cup deliberately, only that the case of Dortmund is too obvious and all fingers are pointing to the fact that they are in for the business. They sell their key players as if it were nothing and the painful part is that those players later become the shining star in other clubs to the extent of winning awards.

Still, I wouldn't blame them much for that, it's part of what clubs were made for, to make money and get the glory. And no matter how desperate Dortmunt is for the money, they are always trying their best to be at the forefront, which I think is good enough. They will make more money and also be a good contender too. There are clubs holding their best players but can't even perform as much as them, so it's still a very good tactic. And one day, they will win many trophies in a single season.
4360  Economy / Economics / Re: Another Coup in Africa: What is the economic effect? on: August 31, 2023, 08:07:52 AM
Although I see the effect of this particular Coup on the global economy as very limited. Gabon GDP is 20 billion USD while that of France is almost 3 trillion.
Yes, I agree with you, with that GDP Gap will have no effect on France and the world economy. Maybe a different case when Gabon is the importing country, because if the country is an importer and have a connection with another country, there will be affected with the relation and maybe will have the same experience. But, if I saw all this time nothing happened so far, the world will be fine if countries in Africa have the same problem.
If you think the ugly trend of the African coup will not have any effect on France, then you might be missing the link, it will surely have security concerns on the entire world and economic effect on countries more than France. That if they (world leaders) didn't look for a way to quickly adjust or go back to a renegotiation table to avoid much havoc.

The assets reserve of these francophone countries are in France, they will turn the table around, but France will want to lay a restriction. Over time, if the civilian government of the junta mind wins an election, France will dare not again, and the world will talk. France buys their mineral resources at a ridiculously low price, and that will stop.

Also talking about Uranium, Niger alone supplied 18% of France's Uranium between 2005-2020. We all know how important this element is in electricity generation, nuclear-powered submarines and security (Nuclear weapons).
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