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441  Economy / Economics / Re: Unemplyment at least 50% how world will look like then ? on: December 21, 2023, 03:12:22 PM
If there was at least 50% unemployment the world would face significant challenges. The economy would struggle leading to a decline in consumer spending & businesses facing financial difficulties. Poverty rates would increase placing a strain on social welfare systems. Inequality would likely worsen as job opportunities become scarce. Society would experience social unrest with increased crime rates & political instability. This scenario could also motivate innovation & the adoption of new technologies to create alternative forms of employment. Government intervention & investment in education, training & job creation would be crucial to mitigate the negative impacts of high unemployment.
442  Economy / Economics / Re: Pay discrimination on: December 21, 2023, 03:01:47 PM
Highly skilled tradesmen can earn a lot of money. Bricklayers for example earn a lot in my country because there is a shortage of them. I think if you get a trade & perfect it you can earn just as much as any white collar job.
I know tradesmen who earn six figures ($) so there are no lack of opportunities if you are a skilled manual worker.
443  Bitcoin / Bitcoin Discussion / Re: When do you think Bitcoin ETF will be approved? on: December 21, 2023, 02:51:08 PM
Strong rumours suggest some time between January 5th & January 11th 2024. It’s also rumoured that they will approve a raft of them at one time, so the SEC isn’t accused of picking winners, facing more legal threats etc. We’ve been waiting for Spot ETF approvals for many years. It seems like the SEC is running out of room & excuses to reject them now. Institutional interest is powerful & they are backed into a corner. I hope it is very soon as it will bring a wave of new capital.
444  Alternate cryptocurrencies / Altcoin Discussion / Re: Solana just reached $80!!! on: December 21, 2023, 02:39:31 PM
wow! Solana just reached over $80! Of course it will dip down again but I think it will reach even higher and stabilize over $80 and even more, i was shocked when it was up to $70 and even $60 and now $80.
This year Solana have reached 557.1% November 2021 Solana reached it's all time high $259,96. Do you guys think it's possible for Solana to reach a new all time high again?

I hope I didn't jix it now and Solana will go down 50% next 24 hours.  Grin


https://www.coingecko.com/sv/coins/solana

EDIT: Maybe worth adding. I bought Solana when it was at $20 and then I bought more when it was at $30. All Solana I have i staked. What do you think about staking if your plan is to hold long term?

I don’t think staking is a good idea due to the risks involved for a relatively low reward. Solana absolutely can & probably will make new all time highs though. Just HODL for 12-18 months & I think you will be pleasantoy surprised & handsomely rewarded.
445  Other / Beginners & Help / Re: How to get 1 eth or 1 btc on: December 21, 2023, 02:35:23 PM
Create an account on a reputable cryptocurrency exchange. Deposit funds & purchase Bitcoin in smaller increments over time utilising a dollar cost averaging strategy. Consider setting up recurring purchases to spread out your investment. Store your Bitcoin securely in a hardware wallet. Monitor the market & be patient as the price of Bitcoin can be volatile. Remember to only invest what you can afford to lose.
446  Other / Politics & Society / Re: women goes through a lot when they don't get married on: December 21, 2023, 02:12:42 PM
These days it’s normal & acceptable for women to choose not to get married. Marriage is a personal choice & everyone has the right to decide what is best for them. In today's society there is a growing recognition & acceptance of diverse lifestyles & relationship choices. Women are increasingly pursuing their own goals, careers & personal fulfillment which may or may not include marriage. It is important to respect & support individual choices & prioritise the happiness & well being of women regardless of their marital status.
447  Other / Beginners & Help / Re: Transaction is pending because fee was too low, now what on: December 20, 2023, 12:22:52 PM
Post your txid & one of us can try to accelerate the transaction for you. Failing that you may be able to do it yourself with Via BTC free transaction accelerator. https://www.viabtc.com/tools/txaccelerator
They are very busy atm due to high fees so you have to submit literally just past the hour or they max out on free accelerations (only a certain amount allowed each hour). People are rampantly trying to get their transaction confirmed using this service right now.

I’ve done it with them many times & always works if fee is minimum 10 sat/byte. You might get lucky over the holiday period & it could confirm any way though. I assume the mempool could clear a bit. If not you will have to wait for the transaction to drop from the mempool & return to you. Always use https://mempool.space/ in future to know what fee is suitable at the time.
448  Other / Politics & Society / Re: Poverty change people on: December 20, 2023, 12:14:09 PM
When someone becomes successful & earns money it can trigger jealousy & bitterness in family & friends due to various reasons. It may stem from feelings of insecurity or comparison as they might perceive their own achievements as inferior. There can be changes in dynamics & power imbalances within relationships can lead to resentment. Societal expectations & cultural norms around wealth & success can influence how others perceive and react to someone's financial success. Jealousy & bitterness are complex emotions that can arise from a combination of personal insecurities & external influences. If people can’t support you & be happy for you being successful then maybe it’s time to assess your circle.
449  Economy / Economics / Re: Are fast-fashion shopping apps hurting local economy? on: December 20, 2023, 12:04:03 PM
I don’t have any stats to back this up, it’s all just my opinion. I think fashion shopping apps can have negative impacts on local economies. These apps promote cheap and disposable clothing which leads to a decrease in demand for locally produced and possibly higher quality garments. As a result of this, local businesses and artisans suffer which can lead to job losses & reduced economic growth. The environmental consequences of fast fashion such as excessive waste & pollution harm local ecosystems & communities. By prioritising convenience & low prices over sustainable & locally made products fast fashion shopping apps contribute to the erosion of local economies & hinder the development of sustainable & ethical fashion industries.
450  Economy / Economics / Re: Learn to use DEBT in a proper way to create asset on: December 20, 2023, 11:52:12 AM
Good debt can of course be a valuable tool if managed wisely. You can leverage borrowed funds for investments that have the potential to generate returns higher than the cost of borrowing. Both individuals & businesses can take advantage of good debt. You can use a mortgage to purchase a property which will lead to long term appreciation & rental income. Borrowing to finance education or skills development can enhance earning potential & career prospects. Good debt can be used to start or expand a business, invest in assets or fund strategic projects. Obviously it’s important to carefully assess the risks & ensure that the investment or asset generates enough returns to cover the debt obligations. Proper financial planning, budgeting & risk management is crucial to harness the benefits of good debt & avoid excessive debt burdens.
451  Economy / Economics / Re: Sea Piracy, it's effect on the local economy on: December 20, 2023, 11:41:49 AM
Sea piracy has a detrimental effect on local economies. It disrupts trade routes, increases shipping costs, deters investment & tourism, reduces business activity & hampers livelihood opportunities. Coastal communities suffer from economic instability, higher security costs & limited growth prospects. Governments divert resources from development initiatives to enhance maritime security. Sea piracy undermines economic growth, stability & prosperity in affected areas.
452  Economy / Economics / Re: How to gain money on: December 19, 2023, 01:21:05 PM
You’re going to need to start by offering services or skills that you possess. This could include freelancing in areas such as writing, graphic design, coding or even consulting. You can also consider starting a small business or offering your expertise as a teacher or tutor. Maybe explore opportunities in the gig economy such as driving for ride sharing services or delivering food.
453  Other / Politics & Society / Re: Neural implants on: December 19, 2023, 10:42:39 AM
I agree but if everyone started using the implants don't you think people who don't necessarily want to use them would be forced to get them to be able to keep up with the next evolution of humans

I guess there will always be some kind of pressure to follow the herd & conform to what others do. I won’t be using them, certainly not until a significant time has passed & I can pass judgement on how sate they are.
454  Other / Politics & Society / Re: Neural implants on: December 19, 2023, 09:55:45 AM
The decision to use neural implants (if they become available) is a personal one. While they may offer potential benefits such as enhanced cognitive abilities or improved physical capabilities, people should carefully consider the ethical, privacy & long term implications. It is important to weigh the potential advantages against the potential risks & ensure that the use of neural implants aligns with personal values & goals. The choice to use neural implants should be made with thorough research, consultation with experts & a consideration of the potential impact on one's physical & mental well being.
455  Other / Politics & Society / Re: Give respect to your teachers and parents on: December 19, 2023, 09:48:18 AM
Respecting parents and teachers is really important. They have the experience & knowledge that can guide us in making wise decisions & shaping our character. They provide us with love, care & support. Respecting them shows gratitude for their sacrifices & dedication. Respecting parents & teachers fosters a positive & harmonious environment promoting effective communication & cooperation. It cultivates values such as discipline, humility & empathy which are crucial for personal & social success. Respecting parents & teachers is a reflection of our appreciation for their role in shaping our lives.
456  Bitcoin / Bitcoin Discussion / Re: Who is wiser? on: December 15, 2023, 11:50:59 AM
At the current market condition and having bull run in mind, these persons have $10,000 to invest.

  • Mr. Bob goes 100% with bitcoin.
  • Miss Alice goes 50% bitcoin and 50% random altcoins.
  • Mr. theymos goes with bitcoin but $100 weekly DCA.

My preference would be to go with Mr Bob, it’s not as exciting as Miss Alice & the potential profits will be less than if Miss Alice hits random lucky altcoin pumps but slow & steady wins the race. I prefer the more proven method.
DCA can be good but with the bull run nearing I think if’s too late to take advantage of DCA, smash buying would be better at this stage in the cycle.
457  Other / Off-topic / Re: Simple advice, don't get carried away by people success stories. on: December 15, 2023, 10:56:32 AM
Reading other people's successful investment stories can be inspiring & informative but it's important not to expect to replicate them exactly. Every investment journey is unique influenced by various factors such as market conditions, individual risk tolerance & financial goals. What worked for someone else might not work for you due to different circumstances & resources. It’s more valuable to learn from these stories, gain insights & adapt them to your own investment strategy.
458  Bitcoin / Bitcoin Discussion / Re: Jamie Dimon said he would close Bitcoin down if he was in government on: December 15, 2023, 10:40:39 AM
Dimon is just scared of the unknown, he's enjoyed a system that has served him very well over many years. He’s a bit of a boomer & probably doesn’t enjoy change. Unfortunately for him he’s going to have to alter his way of thinking or people will move from JPM to Blackrock or similar. Move with the times or lose Jamie.
459  Bitcoin / Bitcoin Discussion / Re: Young student teaching his classmates about Bitcoin on: December 15, 2023, 10:30:10 AM
Only 6 years old, wow what a legend. It looks like this kid will go very far in life. I appreciate he has been taught about Bitcoin & pushed in a certain direction by his parents but still being so young & being able to stand up in front of lots of people to give & talk & educate them is still very impressive. Good luck to him, seems he will do well in life.
460  Other / Politics & Society / Re: Back to loss glory on: December 15, 2023, 10:21:43 AM
Times change & a lot of the time it’s not for the better. We all have the choice to live how we want to but sometimes it seems we have no choice but to go with trend, otherwise we risk making our kids different to their peers which will not help them in growing up.
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