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4361  Economy / Gambling discussion / Re: US Presidential Election 2020 on: April 12, 2020, 12:31:42 PM
^^^^ Seriously?

Hillary Clinton was rejected once and it will be monumental stupidity from the part of Joe Biden to make her the veep candidate. She carries a lot of additional baggage and at 72 years, she's not young either. I am not too excited about anyone else in the list as well. Kamala Harris may get Biden some votes in deep Blue states, but may hurt him in the battle ground states such as MI, WI and PA. I would like someone who is young, and centrist as far as ideology is concerned. I'm talking about people such as Beto O'Rourke and Julian Castro.
4362  Economy / Economics / Re: Nobel Laureate asked India to print more money and not to worry about inflation on: April 12, 2020, 12:25:09 PM
I totally agree with it! The disparity between the riches and poor class is really eye-popping. The world's costliest house is in India and at the same time, world's biggest slum is also located in In India, in the same city indeed! It happens because India has been rules under bureaucracy since independence for the benefit of politicians where common people have no/little power! I too think the current administration should step down and let the young blood take over the country. Our PM failed us miserably and we are seeing highest number of social unrest due to the hate politics undertaken by the ruling party! It's a shame indeed! 

Well.. being an Indian resident, I know the reasons for this eye-popping income disparity. The governments have repeatedly followed a populist approach, rather than taking concrete actions to remove or reduce the poverty levels. The single-most reason for poverty in India is uncontrolled population explosion, but yet none of the major political parties have the courage to talk about it. There are certain religious groups that refuse to participate in family planning and no one has the will to enforce the policies on them.
4363  Other / Politics & Society / Re: COVID-19 teaches all of us. on: April 12, 2020, 12:19:12 PM
COVID-19 is still spreading around the world, there are so many lives that passed away because of the virus, but despite of danger that this virus can give to use, it teaches us something in our lives.

1. Our earth feel free because there are a lot of company that produces air pollution that is being closed.
2. There are so many people who clean our environment, there is general cleaning in our community.
3. People learned how to be careful and protect their health.
4. Because of this virus, the government decided the lockdown on our are and by that we get so much bonding on our family.
5. There are a lot of cancelled activities and gathering such as (night club, vices, etc.)
6. The virus makes us so conscious on our environment.
7. Our camaraderie increases.
8. Our faith on our God increases.

I know and I believe that we can overcome this problem, let us all help each other, stay at home to prevent the risk of spreading the virus.

I agree with most of your points, but I am not sure about point #8. Here in India, a lot many of the cases were associated with religious gatherings. Out of around 9,000 confirmed cases, more than one-third were traced back to a single religious event (the Tableegh-e-Jamaat event at Nizamuddin, Delhi). A lot more were linked to additional religious events, including Muslim, Christian, Sikh and Hindu gatherings.
4364  Economy / Gambling discussion / Re: What will the gambling addicts do now that the casinos have closed? on: April 12, 2020, 12:10:13 PM
Here in India, some of the casinos are operating illegally (first of all, casinos are banned everywhere in India, except a few rare exceptions such as Goa. So even before the COVID 19 epidemic, they were operating without a license). The cops have raided a couple of such illegal casinos and arrested dozens of people who were indulging in gambling. I guess hardcore gamblers are taking this risky step, as they don't find online gambling exciting enough.
4365  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: April 12, 2020, 05:09:09 AM
If the BCCI stages the tournament in July (around three months from now), then it is going to be a historic blunder. China was able to contain the pandemic after 3 months of extremely strict lockdown. Here in India, we are currently on the 3rd week of national lockdown. I am not expecting the situation to improve before June-July. Even if the situation gets improved by then, a major event such as the IPL may once again nullify all those efforts.
4366  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: April 12, 2020, 05:03:43 AM
BCCI have lot of money to spend so I don't think they have to cut the paycheck of the players, even if there is a cut those players are not going to face any difficulties in their financial status even though not many of them are not making in crores, atleast they are getting paid in lakhs.

The majority of the earnings for the national players come from endorsements and advertisements, and therefore the negative impact for them may be very limited. And the domestic season was almost completed by the time the epidemic struck. So the domestic players should be fine as well. But since the IPL got cancelled, it may negatively impact some of those T20 stars. I am talking about players such as Sanju Samson, Karn Sharma and Axar Patel, who are not regulars in the national team, but have heavy IPL contracts.
4367  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: AIR DROPS ! wasting time or not? on: April 09, 2020, 07:25:49 PM
This is not to say that these things are dead. They should have died a year ago, but we still continue our participation in the Airdrops and the Bounty.
They will die only if new projects needing cheap advertising cease to appear.

It's like searching for a needle in the haystack. Nowadays, if you participate in 100 airdrops then you can call yourselves lucky if you get 2-3 good ones. Earlier the proportion was better... more like 1 in 10. But with the influx of low-quality projects and scams, the percentage is definitely going down. I would not discourage anyone from participating in them.. because even now good ones appear once in a while.
4368  Economy / Gambling discussion / Re: IPL Mutual Pool Discussion. on: April 09, 2020, 07:16:49 PM
Players can always migrates to other state, they do all the time and its working quite well for many players.

I am in favor of extra teams playing in any tournaments, be it IPL ( even WC). I would like to see one team from northeast too.

I don't want the smaller states to be dominated by players who are not from their ethnic background. For example, I have seen teams such as Meghalaya and Chandigarh, with hardly 2-3 native players in their playing XI. This may have a negative impact on the growth of cricket in these states. Do these teams even deserve a chance to play in the Ranji Trophy? Chandigarh isn't even a state. It is a Union Territory composed of half-part of a city.

BTW, I would love to have one team from the NE in the IPL. But the problem is that there are very few recognized players from that region. Assam and Tripura have been playing Ranji Trophy for many decades now, but till date very few of the players have caught the attention of the national selectors. Other teams such as Arunachal Pradesh and Manipur have started playing very recently.
4369  Alternate cryptocurrencies / Altcoin Discussion / Re: We are only rich on spreadsheets on: April 09, 2020, 07:10:35 PM
Quality bounty projects are rare that's why many bounties gives bad rewards, just because you earned 1k on spreadsheet doesn't mean you will get 1k when trading starts on exchanges, most times it becomes 10$ that is why we must try to promote only quality projects

The reason is that most of the projects are overpriced. In a majority of the cases, they don't even achieve the soft-cap level and therefore all the effort and time put in for promoting the project through bounties goes to waste. And in rare cases where the token eventually gets listed, it loses its value very quickly. By the time the bounty hunters get tokens in their wallets, the exchange rates might have already fallen by 90% or more.
4370  Alternate cryptocurrencies / Altcoin Discussion / Re: PLUS Token Scam Dumps Another 13,000 BTC - Another reason for the BTC drop? on: April 09, 2020, 06:49:31 PM
I think this had a pretty big impact on the price, but by far the worst part was from the virus.

According to some sources, a total of $4 billion worth of cryptocurrency was accumulated by the scammers from this scam. Most of it is Bitcoin, but there were significant amounts of Ethereum, Ripple and Tron as well. Every now and then, they dump around $100 million worth of crypto in the market, and that causes a crash in the exchange rates. And the sad part is that it is not going to end very soon.
4371  Bitcoin / Bitcoin Discussion / Re: Russian Central Bank Admits It Can’t Ban Bitcoin on: April 09, 2020, 06:43:39 PM
A large number of the early Bitcoin adapters were from Russia. Even the second largest Bitcoin exchange (in 2012-14) was run by Russian citizens. But most of these people were forced to move out of Russia (along with their business ventures) due to the harassment from the authorities. If the central bank had taken this decision a few years back, then everyone would have benefited from it. Now it's too late.
4372  Alternate cryptocurrencies / Altcoin Discussion / Re: The future of cryptocurrency during this pandemic on: April 09, 2020, 06:17:28 PM
Tell this to the poor one's and let your face be smacked lol just kidding. You can focus on doing this but during quarantine because of the disease I'd rather spend precious time with my family than perfecting the style of trading.

Spending time with your family members is totally cool. But at the same time, you need to have a source of income. For my part, my organization has given me the work from home option. But what about those guys whose work require physical activity and can't be done from home environment? I am talking about professions such as masonry, steel-forging, manufacturing.etc. Unfortunately these activities can't be done online. So they need to find another profession, at least temporarily. Trading may appeal to such people.
4373  Bitcoin / Bitcoin Discussion / Re: What if BTC never reaches all time high? on: April 09, 2020, 06:11:25 PM
This scenario is quite possible. Bitcoin was originally designated as a currency. So rather than the exchange rate, the adoption and acceptability levels are more important for Bitcoin. If Satoshi is still alive, then he will be concentrating more on these aspects rather than the exchange rate of Bitcoin. But naturally as the acceptability increase, the prices should also go up. If it is not happening, then there is some manipulation going on.
4374  Economy / Economics / Re: Corona has killed economy of many businesses on: April 09, 2020, 05:54:33 PM
Most likely there will be some people vaccinated at end of next winter. It will be inedible to vaccine billions of people then. Vaccine will be there for everyone only at end of 2021.  Funny thing will be that some will refuse to vaccine Smiley

Here in India, we have certain groups such as the Tableegh-e-Jamaat, which refuses modern medicine. These guys are refusing even to get tested for the Coronavirus. So obviously vaccinating everyone is going to be an impossible job. The government can try its best by making it a punishable offense not to get vaccinated, but a lot of people are not going to get it done even after all that. 
4375  Economy / Economics / Re: The pandemic outcome on: April 09, 2020, 05:48:14 PM
It is sure that we are going to endure a global economic recession.
Banks are going to start printing money in order to tackle it.
Oil prices are going to head to the moon again which will lead in a bigger increase of prices in products that savor daily needs.

Recession is already underway (most of the stock markets have lost anywhere from 40% to 50% of the market cap), but I don't understand how the oil prices can go up. With the demand for crude oil going down sharply, there is going to be a huge oversupply in the markets and I won't be surprised even if the prices go below the $20 per barrel level. Any new deal between OPEC and Russia will be having a very limited impact.
4376  Economy / Gambling discussion / Re: IPL Mutual Pool Discussion. on: April 09, 2020, 05:42:26 PM
Not going to deny that nepotism and bias doesn't play any role in domestic cricket as this is harsh reality but i feel that contract based system can help players for simple reason - Financial stability - with this players can concentrate on 4 days cricket instead of IPL gigs, BCCI should also introduce grade system in Domestic level too similar to national team  (Top grade players should receive big contract)

Hmm.. well.. let them come up with the contract system. But then, there should not be any reduction in the match fees for the players. But the current domestic system needs a revamp. For example, Uttar Pradesh (with a population of 250 million) may be having 14-15 contract players and at the same time states such as Sikkim and Chandigarh (with population less than 1 million) may have similar numbers with the same salary band. It is going to be unfair to emerging cricketers in larger states such as Uttar Pradesh and Bihar.

BTW, I would like the IPL to be expanded to 10 teams. Right now, the teams are concentrated in South and West of India, with the Central and Eastern parts scantly represented. I would like one additional team from UP/Bihar and one more from Madhya Pradesh or Orrissa.
4377  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: April 09, 2020, 05:35:35 PM
It seems like we really might get to see the T20 world cup this year, without crowd! It seems like many players want this to happen.

Cummins eager for T20 World Cup to go ahead

https://www.sport24.co.za/Cricket/cummins-eager-for-t20-world-cup-to-go-ahead-20200406

He is having an IPL contract, which is worth $2.2 million. In case the IPL 2020 gets shifted to Q3/Q4 2020, and if the T20 world cup clashes with the tournament, then it would be interesting to see which one would be chosen by Cummins. My guess is that he'll opt for the World Cup. But I would say that it will be a historic blunder by him. The amount of money we are talking here, is huge. And Cummins may not get another opportunity like this in his career.
4378  Economy / Economics / Re: Btc going to 2k or 3k or 7k or 9k on: April 09, 2020, 05:31:15 PM
People will need some time. Noone wants to withdraw their crypto investments first. Many people will wait to withdraw their money until they have to. This might be the case for some this month.

Well.. human psychology works in strange ways. A few months back, Bitcoin exchange rate was above $12,000 per coin. Now it has lost more than 40% of that value. For most of us, it will be very difficult to sell our coins at these prices, since we are constantly being reminded of the past levels. But unfortunately this is what most of the intelligent investors do. If an asset is going down on a constant basis, then they get rid of it.
4379  Other / Politics & Society / Re: COVID-19 teaches all of us. on: April 09, 2020, 05:24:17 PM
The biggest lesson that coronavirus teaches is is "Enjoy every moment".
You don't know if you are going to live during the next month or when you are going to see your friends or your relatives in the near future.
Quarantine times are the best to get to know yourself better.

There is no doubt that the COVID 19 outbreak has caused a lot of tragedies to us. But at the same time, most of the people are staying at home and interacting with their families more. Younger people are talking to their parents and grandparents and kids are getting quality time with their parents and siblings. I would love to see these aspects maintained, even if the outbreak is contained.
4380  Economy / Gambling discussion / Re: US Presidential Election 2020 on: April 09, 2020, 05:18:19 PM
Btw, what about the latino vote? Sanders had a massive support from the hispanic community, or at least that's what I read, but now that he's out of the race, where do you guys think the latino vote will go to?

Well... this is very tricky. First of all, the Latino vote is not a cohesive block (unlike the African American block or the Evangelical White vote block). They can be divided in to different subgroups, each of them with differing political views. I am saying this, because I have seen Latino groups in both camps of the immigration debate. And I have a feeling that as far as the political preferences are concerned, the US-born Latinos are rapidly shifting towards the non-Hispanic White block.
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