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481  Economy / Economics / Re: Im owner of wealth club and here is my forecast about global economy on: August 05, 2023, 07:37:58 PM
Need valid data to strengthen your estimate on the euro, your assumptions are too far about the conditions that will befall the euro. your research needs strong sources and comparisons based on past cycles. Even if the euro weakens as you would expect, there is no guarantee that the number of tourists traveling there will increase. The government will not remain silent with the conditions that have befallen their currency, of course there will be actions taken to increase the euro exchange rate.
Those of us who left comments here have read every phrase you wrote in the Op, the conclusion from your writing is only that the weakening of the euro can attract tourists to visit Europe.

The exchange rate is often regulated artificially, so weakening or strengthening the euro is in the hands of the central bank. Sure, a temporary weakening of the euro may cause some people to panic, but does it really matter that much? Once the panic starts, it will subside.
482  Economy / Speculation / Re: BITCOIN NEED NEW MONEY AS MUCH AS HALVING TO SEE SUSTAINED HIGH PRICES on: August 04, 2023, 08:54:41 PM
I think old money coming back in could be the running method for us at the moment. There was a lot of money in the bitcoin world that got out, most of it found its way to stablecoins, a lot of it also went back to bank accounts as well. We do not need fresh capital alone, that would be lovely of course if it happens but also we need to have all those people who left crypto to come back and invest again. That would make it a lot more possible and profitable without a doubt.

Basically it is not that easy but it should be possible and could make it work a lot better as well. I hope that it gets to a point where we could see how profitable it is to just get back in after leaving and those people will do that in order to increase the price.

If a person turns to cryptocurrency again, they are unlikely to buy expensive bitcoin. Only newbies will buy expensive bitcoin, who do not yet realize that the price of bitcoin has already increased so much that it will be difficult to sell it at that price. This is why new money is better than old money
483  Economy / Economics / Re: Are short-term rentals to blame for the lack of housing? on: August 04, 2023, 08:51:24 PM
Lack of housing is not the issue, lack of funding is the issue. If you have a nation with over 200% houses of what you need, as in there is enough to go around for everyone and then some, and yet only the top buys them all, that results with some people not having a house anyway.

This is why government should always make some houses and rent them for near free levels as well, I know some will yell out socialism because of it, but if half of the world runs in a nation where hospitals, schools, firefighters, police, military and many other things are paid by the people with their taxes, why not have a single government construction company that builds cheap houses in some distant place for everyone to live if they do not have a home.

Cheap houses are good, but there are costs to maintain and improve them. These broken elevators, dirty yards, poor infrastructure - these are attributes of cheap housing.

Regarding renting - once you lose your job, you may not be able to rent a place - what should you do then?
484  Economy / Economics / Re: what do we thinking about investment target? on: August 04, 2023, 08:46:23 PM
There are many disadvantages when you use a bank savings account but the reason that I find the most annoying is the difficulty when intending to withdraw money. When you deposit, it is very simple and fast but withdrawal is not instant withdrawal. They always have a requirement to set up you can't withdraw money but have to keep the money for a certain time. But if you still try to withdraw money before this time you have to accept being imposed profit fees even I have seen many cases lose more money than deposit despite their deposit time it's been 2-3 years.

Banks will always put obstacles in the way of those who want to withdraw money. In addition, the bank may go bankrupt and, despite the insurance, you may not get your money back. Therefore, it is better not to use a savings account in a bank - it is very dangerous
485  Economy / Economics / Re: Inflation overpowers the value of money on: August 03, 2023, 08:21:04 PM
It depends the country you are living, inflation can't be overpowered money but the thing is that I understand that because of the rate of inflation now you may conclude that inflation over power money, but I don't believe such because their is multiple ways money can over escape inflation, you can escape inflation through investing to a place inflation will not affect and investing in bitcoin should be one of the roots to escape inflation as I assumed.

How investing in bitcoin helps avoid inflation. The price of bitcoin goes up and down. There is no certainty that the price will constantly recover. The price may reach its limit and bitcoin may be abandoned, pushing cheaper assets into the mainstream
486  Economy / Trading Discussion / Re: Do exchanges impact the performance of newly listed token? on: August 03, 2023, 07:58:26 PM
I think yes it does have positive effects on the initial coin offering. If we look at the history of various coins then most of the "giant exchangers" would have very positive effect on them. In my experience the giants will charge a lot if you have to list the coins on their platform. This means most of the coins will also take full advantage of flashing on their social network that they are getting listed on one of the biggest platform etc. This naturally drives a promotional craze amongst the fans and thus they would also start buying more coins even after the ICO and pre-launch stages. This is ultimate scenario for sure when it comes listing on bigger exchangers. I am not sure how much effect they have with the small exchangers but in all its gonna drive the crowd for sure. On the other hand, exchangers also get benefited with the new listings as they would be getting volume on their exchanger itself. So its win-win for both the sides and hence they will obviously lot of crowd always.

There is only one nuance. When listing on major exchanges, developers are given a condition to maintain the price for a certain period of time. As a result, it is almost inevitable that the price will fall. Listing on major exchanges is a sudden spike that can lead to a major tragedy due to increased liabilities
487  Economy / Trading Discussion / Re: Advice for newbies on: August 03, 2023, 07:53:26 PM
Know the Market learn the Market and it's very important to know it's financial and big instutions playground.
U got to know their rules of game.
I know the rules of game and i make all the moves according how the big guys and big funds moving.
Follow the rules of funds and wall Street sec and Fed and you Are good here.
/

Following the actions of the big players can lead you into a trap. The big players may intentionally do the wrong thing because they have enough money. Beginners don't have much money. Therefore, it is better to think with your head. Beginners should realize that the market is waiting for their money.
488  Economy / Speculation / Re: The time has finally come...??? on: August 02, 2023, 05:14:13 PM
It is quite possible that in the fall we will see the bitcoin price fall to 20000-23000, so it may be worth waiting to buy bitcoin until the fall. And in the spring of 2024, we may already see a global rise in bitcoin. This is an assumption based on the history of previous years
489  Economy / Economics / Re: Can CBDC users lose control of their money? on: August 02, 2023, 05:10:35 PM

I think having cold hard cash is far better than CBDCs. Admittedly, both are more or less the same but with CBDCs, you literally have very little to no control over your funds. The control you think you’ve got over your money is the one the government allows you to have. And even that could be revoked at any time as the government could decide at any time to disrupt, end or limit your purchasing power.
I wouldn’t fault anyone that’s seemingly “wasting time” on CBDCs. If the apex bank of any country in compliance with the government decides to implement CBDCs as a mode of payment, citizens of the country would just have to use it.

Even if we are mandated to use CBDC, there will still be cryptocurrency. If CEX is destroyed, there will still be DEX. Of course, things may become more complicated than they were in the early days of cryptocurrencies, but everything is surmountable if you approach the issue in the right way
490  Economy / Economics / Re: The American Dream. What is Your Country's Version of it? on: August 02, 2023, 05:04:40 PM
The American dream is a vague concept. If you walk the streets of America, you will see homeless people lying in the street, a lot of dirt, etc. The center of cities is usually tidy, but the outskirts..... There is no harm in dreaming. Reality is different from dreams
491  Economy / Economics / Re: Can CBDC users lose control of their money? on: July 30, 2023, 08:34:37 PM
Control is the sole reason they're launching the CBDC. They have seen that Bitcoin will make it very difficult for them to control the financial life of people so they created something else
What I find funny is that CBDC is just a centralized Bitcoin. It's funny because they criticize and fight Bitcoin with all they got only to create a copy for themselves.
There is absolutely no reason to trust CBDC over Bitcoin, no reason whatsoever.

The main question is how to resist the introduction of CBDC?  Now they are doing it cautiously, but later they will force CBDC application, especially in budgetary spheres. And budgetary employees today make up more than half of the working population
492  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Ferrum Network - Pioneering Interoperability 2.0 | FAS Pre-Sales 🔥 on: July 30, 2023, 08:18:46 PM
Ferrum Network announced a significant update in their communication strategy. Moving forward, all presale and incubation news will be shared exclusively within The Decentralized Incubator community channels.  The Decentralized Incubator will officially launch on Monday, July 31st, with a limited-time offer promo to access upcoming presales

More detail - https://twitter.com/FerrumNetwork/status/1684953395877105664
493  Economy / Economics / Re: Entrepreneurship and women on: July 30, 2023, 08:13:54 PM
In developed countries, the role of women as entrepreneurs is much advanced. But comparatively women are lagging behind in underdeveloped and developing countries. It is not secret that women can be good entrepreneurs in today's times. But if I talk about my country women are now working as good entrepreneurs. They are eager to start new businesses. In the past, there were not many opportunities for women entrepreneurs, but now, with the encouragement of the country's government, a large proportion of the total population is now known as women entrepreneurs.

I agree that much depends on state policy. If a state undervalues the role of women, there are few opportunities for development in such a state. If a woman can run the state, why should she be prohibited from doing so? I believe that everyone should have equal opportunities to succeed in society.
494  Economy / Trading Discussion / Re: Newbies can't profit from crypto without knowing how to trade. Truth or Myth? on: July 30, 2023, 08:09:47 PM

Of course, it's a myth, anybody can buy crypto currencies today and profit from their rise. It doesn't matter if you have 10 years’ experience or if you heard about cryptos the first time. Just because you are a newbie doesn't mean that you are only going to lose with your trades. Luck plays a big role in trading as well, like in gambling and when the sample size is very small the variance is going to be large. The difference between an experienced trader and a beginner becomes visible over time. A good trader knows how to react to changing market conditions, whereas the beginner will probably react too late or not at all. My recommendation for any new trader is to not overtrade, the motivation is high to trade many different coins. This will mostly likely only lead to losses because we have to pay a lot of transaction fees. It's better for beginners to hold their coins longer and let the price go up over time. As long as you are invested you are going to profit of the longterm upwards trend.


The main problem is figuring out which coins are worth keeping. You can keep a lot of coins - but they will all be either fraudulent coins (that can't be sold) or memes (caliphs for an hour). The biggest problem arises if a beginner follows youtube bloggers' advice about buying coins
495  Economy / Speculation / Re: How did you see BTC in future? on: July 30, 2023, 08:04:35 PM
In my opinion, bitcoin has several development scenarios. 1) Bitcoin will be worth a lot, as a result volatility will decrease and it will become something like bitcoin 2) Bitcoin will undergo a hardfork. The old chain will die and the new bitcoin will be worth little 3) Bitcoin will be replaced by something else.
496  Economy / Speculation / Re: Hold coin on: July 29, 2023, 05:13:12 PM
The answer is Bitcoins. I like that you have tried to answer well why it should be Bitcoin. It's a coin that's always better to hold onto over the long term.

$100k new ATH price prediction and many will agree on that price. By the way, you don't look like a beginner anymore because your thinking is like a senior in providing Bitcoin price analysis.
How confident are you about the next ATH price because Standard Chartered has changed its Bitcoin price prediction from $100k to $120k next year.

100,000 dollars is a magnet. However, will the bitcoin price overcome this mark? Personally, I think bitcoin's new ATH in 2024-2025 could be in the 80000-90000 range, and when everyone is waiting for 100000, bitcoin's price may start to decline to trap everyone again.
497  Economy / Economics / Re: Elon Musk and others urge AI pause, citing 'risks to society' on: July 29, 2023, 05:09:40 PM
funny that currently elon is creating his own AI company, it seems despite the risk cited by him, regardless he'd seek some fortune out of it.
there are so many companies right now trying to offer their product that revolves around AI. but honestly i don't think it will be risk to society, after all, with the emergence of new technologies, new job is created.
its been that way since forever. moreover AI will definitely highly regulated in the future once government have sufficient data regarding the AI itself, eventually it will rule out the possibility of it threatening the society as a whole. but considering the fact that AI has simplified many workflow nowadays, I could see it turning out to be positive in the future.

I wonder what new jobs will come with the improvement of artificial intelligence? At the expense of what? On the contrary, artists, rewriters, writers, poets and many other specialties will not be needed. And Elon Musk is bluffing - he wants only his campaign to function in the market.
498  Economy / Economics / Re: Connect data to accelerate cashless payments on: July 29, 2023, 05:04:41 PM
I disagree the way you use cashless payments terms because not all cashless payments are centralized. You're talking about government can track every citizens wealth and spending, it's true if they use mobile banking, credit/debit card, CBDC, digital fiat. But, Bitcoin is one of cashless payment and it's decentralized, even though the government and seller know your address, but they're not know your personal information as long as you use non custodial wallet and never link your KYC.

Since you're already know there's a major privacy concern over cashless payments related with fiat, you need to keep use cash and push other people to use cash too.

The problem with using cryptocurrencies is the end point. When you exchange bitcoin for fiat money, all your transactions can be tracked. There's also IP - even IP spoofing doesn't always help. Cash is more anonymous - but there is a problem with transferring it. Also, fiat money is restricted to the country in which it is issued.
499  Local / Альтернативные криптовалюты / Re: TERRA on: July 29, 2023, 04:47:17 PM
Опубликована дорожная карта LUNC на остаток 2023 года.



Основные события намечаются на 4 квартал 2023 - выход классических игр на блокчейне, а также радио, и метавселенная Starlight

на текущий момент сожжено 70 012 006 470 LUNC или 1% от общей эмиссии

Подробности можно увидеть здесь - https://www.luncmetrics.com/burn-tracker/lunc


Напомню, что КВОН уже даввно не имеет никакого отношения к LUNC. LUNC сейчас - это отдельный проект, разрабатываемый сообществом


По поводу Luna 2.0 - судьба этого проекта пока непонятна.
500  Economy / Economics / Re: Building a prosperous business on: July 28, 2023, 08:17:29 PM
It's true. There is a big difference between businesses which are directly ran by the owners or managers from businesses which are ran by employees, especially on the restaurants' industry. Customers who are used to attend to the place instantly notice the difference on the quality and taste of the food prepared, what is really negative for the restaurant's reputation on long term, as customers will lose their trust on the service offered, especially when taking people they want to impress to eat there or during special events.

It has already happened to me when my family hosted relatives and went out to eat expecting the restaurant to offer delicious food, as it was used to do, but it was a fiasco and I immediately noticed the manager/owner wasn't there, rather only employees were operating the restaurant. Result: we aren't going to come back there again soon...

The problem here is how competent the hired person managing the business is. There is even such a position as crisis manager. It is clear that people who have previously demonstrated their competence are hired for such a position. Therefore, it cannot be said that a hired manager is unequivocally bad.
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