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4801  Economy / Economics / Re: Next what will happening After money printing on: August 09, 2020, 11:39:40 PM
If other countries around the world do start up their money printing presses, the global economy is going to be in some seriously deep shit.  Inflation will eventually skyrocket--we haven't seen that yet in the US, but it's just a matter of time.
Imo, there is a reason why the U.S. pulled through with printing more money for stimulus bonuses, but most countries cannot, and it's cause the U.S. dollar is so strong and their economy is the best. If other countries choose to follow suit, they will be hit with hyperinflation in next to no time, the U.S. like you said, have prolly not gotten away with this, but with a viable economy like theirs, you'll not envisage a situation of hyperinflation in the U.S.; so I'd think the repercussions will be minimal in the U.S.A.
Anyway, I'm keeping my fingers crossed for an end to the pandemic.  That alone should help the economy significantly.
The period when the spread of the virus slows down (can't see an end in years) will be a tough period for the world economy, I doubt it'll help, I think that's the time the aftermath of this pandemic will start to take it's toll on the economy, with recession and inflation, and a large chunk of people jobless. Mind you, that will be the period of economic recovery and it'll take many years to fully recover, during which there will be beneficial opportunity costs forgone that will 'cost' the economy much.
4802  Economy / Games and rounds / Re: 🔍 Roobet.com | Guess Total Wagers #25 $50 Prize | Progressive Jackpot inside 🔍 on: August 09, 2020, 08:33:08 PM
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Coyster1
4803  Economy / Economics / Re: Wealth distribution, and tragedy of the commons. on: August 09, 2020, 03:54:55 PM
A lot of people, especially those in poverty and this includes the poor in third world countries as well, are reckless with money management, due to never learning how to manage money (for they never had any money to manage in the first place), and spend all their money on cigarettes, entertainment, and commodities that drain people's wallets over time. Then there are some people who gamble their money away.
Not true imo, those in the poor class value any money they can lay their hands on, I do not know where you got the idea above from, but people I know who aren't wealthy are prudent with how much money they spend, down to the last dollar bill, if you spend recklessly while in poverty, you'll definitely run out of funds and inevitably, food. It's the rich class imo that can afford to be reckless with how much they spend, it's a normal human trait, you can afford to spend money with less caution, when you know there is a large inflow of income for you and you do not have to worry about basic needs like food and the rest.

It'd be good if society can be classless, but in the world today, it's a case of the rich getting richer, while the poor, poorer. The gap is wider than ever atm and more impossible to breach.
4804  Economy / Gambling discussion / Re: UEFA Champions League Discussion Thread on: August 08, 2020, 08:59:29 PM
Chelsea lives matter, lol, but obviously Bayern Munich didn't care, they look like the major threat to City winning the UCL this season, I'd love to see a Bayern Munich vs City final. Barcelona are also there too, they may not be in the best form, but they are used to winning champions league titles. The UCL this season is so unpredictable and interesting despite the break, empty stadiums and now, one legged ties moving forward, football is indeed the beautiful game.
4805  Economy / Economics / Re: BTC Can show economy on: August 08, 2020, 07:55:48 PM
everything happens for rreason .... nothing really unexpected one of the reasons are stimulus cheques.
connect the dots use yourbrain
How many countries other than the United States issued stimulus cheques to it's citizens, and how many citizens would use their stimulus bonuses to buy cryptocurrencies, mind you this cheque was meant to give people funds to meet some of their needs since they couldn't go to work and it is difficult to make money during this period; and tbh I am sure a large chunk of that money went into stuffs like food, paying bills and other house needs. The stimulus cheque did nothing to move btc from 9k to 11k.
4806  Economy / Gambling discussion / Re: Football Transfers Speculation, Odds and Predictions on: August 08, 2020, 05:36:02 PM
My guess is somebody like Poch. It’s not going to be Pep like a lot of Italian media keep reporting, why would he leave City? I just don’t see that happening at all.
Me too, I don't see any reason why pep will leave City for Juventus, Guardiola seems happy in England and is loving the competition between Klopp and himself, he is surely waiting for next season to try and get the title back, City are also in a UCL QF, and are looking real good to win the title this year, pep is building something with city and I don't think they'll part ways anytime soon.

I'm guessing it's going to be Pochettino, he has been out without a job for quite a while now, I'm sure he has been approached by many clubs and maybe he's waiting for the right job that'll suit him, in a country/city he likes. I like poch's attacking style of play, and imo he'll bring a different pattern that'll suit juve.
4807  Economy / Games and rounds / Re: 🔍 Roobet.com | Guess Total Wagers #24 $50 Prize | Progressive Jackpot inside 🔍 on: August 07, 2020, 09:22:10 PM
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Coyster1
4808  Bitcoin / Bitcoin Discussion / Re: Profitable days of holding bitcoin percentage (98.5%) on: August 07, 2020, 05:29:43 PM
However, it is clear that, in spite of the short-term volatility, if you just buy and hold bitcoin, you have a very high likelihood of profiting. (This is assuming that the future bitcoin performance will be similar to the past).
I would rather add that the likelihood of you profiting is hinged on when you bought, if your accumulation period was when the price was low or when the price plunged fast, for example this year when corona virus shed it's milik teeth, if you buy in periods like that, chances are sky high you'll profit in the long run.

But if you buy in a bull run, like the last one we had when bitcoin reached it's ath, the chances are that your profit would come after a very long time, it has failed to reach the ath since the last one, but I think if anyone who bought then is still holding, I believe they will be making profits anytime within the 12 months of next year, cause imo, bitcoin is set to go above it's previous ath.
4809  Alternate cryptocurrencies / Altcoin Discussion / Re: Goldman Sachs are eyeing to create their own digital asset! on: August 07, 2020, 04:17:23 PM
the battle of countries was once to accumulated gold but will probably turn now to accumulating BTC. its no wonder most countries and banks today are going to create stablecoins.
I don't think so, centralized governments are not going to battle to accumulate decentralized bitcoins that they can't control or be a third party in, the central bank digital currency (cbdc) is different from the bitcoin, the only synonymous feature is their digital nature, the banks and the government will only support stablecoins and cbdc's that would be no different from it's fiat currency
4810  Other / Beginners & Help / Re: Sending BTC as a gift to someone who doesn't have a wallet on: August 07, 2020, 03:25:40 PM
Is this the best way to give sats to someone, or are there better ways to do that?
It's definitely not the best (safest) way to do so, for a friend who I'm sure hasn't handled cryptocurrency before, she could seek assistance from some shady person and lose the gift you sent to her. Since you want it to be a surprise (gift) you could also create the wallet yourself, send the bitcoins into it and then send the recovery phrase directly to her with directions on how to download the wallet from the official website and tell her to input the phrase and boom she claims the gift you sent.
4811  Alternate cryptocurrencies / Altcoin Discussion / Re: Reason hunters dump reward as soon as received. Trust Exchange etc on: August 06, 2020, 07:44:58 PM
Pump and dump scheme can also make a bounty hunter to sell off tokens, these hunters have received countless tokens and seen almost all of them dump after pumping for a short while, if they hold the new tokens they receive, they could be left with a worthless coin in next to no time; if I myself was to receive an altcoin token right now, I'll also sell it off immediately, they can't be a form of long term investment due to how they pump and dump, and never rise again.
4812  Economy / Economics / Re: Since jobs are unlikely to return, Do u think there will be a 3rd $1200 stimulus on: August 06, 2020, 03:18:36 PM
It's obvious that the stimulus checks can't boost the US economy,their function should be more social,rather than economic.
It can boost the economy. Money is one of the factors of production, and also the most important factor in economic growth and development; the corona virus pandemic created a situation were money became scarce for citizens and their businesses also due to lockdown and other restrictions, stimulus bonuses can reactivate the economy by providing funds for individuals, so they will in turn patronize other businesses that fits their taste, business men and women can also channel the funds to growing their businesses again, the checks are given to stimulate citizens, so they'll in turn stimulate the economy; the only downside of this is the possibility of inflation in years to come.
You realize that money printing will eventually boost the Bitcoin price,right? Grin
The U.S printing money for stimulus packages can't affect the price of bitcoin, only if you look at a scenario where majority of citizens buy bitcoins to evade the inflation of their currency, that is then more demand and a price appreciation to follow.
4813  Economy / Gambling discussion / Re: UEFA Champions League Discussion Thread on: August 06, 2020, 02:37:19 PM
I’m thinking of wagering a small bet on RM, anyone else planning to do the same?
I'm very sure a lot of fans will place their bets for Madrid to qualify, and looking at the odds for Madrid to go through the the QF, you can consider it to be a good stake, I've been discussing with friends in the past few weeks and everyone of them seems to think Madird has what it takes to overturn the advantage city has over them and go through to the QF; but I'm still standing by by words, which I've been expressing on this thread for months now, I'm going with City on this game, Real will have to be exceptional to eliminate City, they must also try as much as possible to ensure peps men don't score, I can't see Madrid doing all that; I'm rooting for city to go all the way to the final this year.
4814  Economy / Gambling discussion / Re: UEFA Europa League Discussion Thread on: August 05, 2020, 10:30:12 PM
Inter Milan are now waiting for Leverkusen or Rangers in the quarter finals...any comments about that match? the germans have the lead (3-1), so Rangers need to score a lot of goals tomorrow...i honestly think Leverkusen will go through, easy peasy (:
I think Inter Milan will win this seasons Europa league. That being said, their QF opponents will definitely be Leverkusen, Rangers lost the tie in the first leg already, there is no way back for them, tomorrow's game will prolly end in a draw or Leverkusen wins (therefore winning both legs) but the chances of both teams to score is also very high, so it looks like the best bet for this game.
4815  Other / Archival / Re: 🔍 Roobet.com | Guess Total Wagers #23 $50 Prize | Progressive Jackpot inside 🔍 on: August 05, 2020, 07:13:43 PM
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Coyster1
4816  Economy / Investor-based games / Re: ReflectBitcoin Reviews: SCAM or LEGIT? on: August 05, 2020, 03:27:22 PM
Honestly, this looks to more more like a you are promoting this scam than asking our opinion about it.
Looks like that to me, if op was only suspicious if ReflectBitcoin is a scam, the thread would contain a question, for example: "is ReflectBitcoin a scam" and could prolly add reasons for the suspicion, but here op includes pros of using that Ponzi site with descriptions promoting the sites such as this:
ReflectBitcoin is relatively new but advanced online auto trading platform. Its has been built around simplified, innovative and accessible experience.
So its unlocking a new options depending on the level of experience of traders.
Op is also a newbie and in case you didn't check, the account was created today, just few hours before op made this thread, this attempt is prolly targeted at newbies who may just read the thread and try out that site without verifying and waiting for the replies of reputable users.
4817  Other / Politics & Society / Re: Is it the virus or the treatment that affects mental health? on: August 05, 2020, 03:06:41 PM
I don't see how the the treatment of corona virus can affect a patient mentally, covid-19 is a life treating illness, the patients are going through a lot, hoping there are no complications as they are being treated back to health, the uncertainty one faces as to if they'll live or die when they contract the virus can affect the mental health when they recover eventually.
or the pharmaceuticals that were administered to replace the natural healing processes.
Do you suggest no treatment be administered to corona virus patients, and they should be left to see if they'll recover just like that?
4818  Other / Politics & Society / Re: China deliberately flooding villages - a taste of the future. on: August 05, 2020, 02:22:52 PM
It's such an atrocious move, China are prioritizing their economy and development over the lives and shelter of it's citizens, there is prolly still more to be experiencd by Chinese citizens and those indebted to them through debts as they go about doing everything possible to see they are the number one country in the world, even at the cost of a war and lives inevitably.
China is a horrible nation, none of us should be surprised by the horrible things that they do every single day while politicians across the globe let them get away with it.
The U.S in my opinion is only one of the few countries that have all the powers in their favor to challenge dictatorial China, and they are doing just that and I expect more fiercer actions from them in years to come, India btw have also cut off ties with China, the problem as you and I know is the strength China possesses, for example they have bought over quite a lot of third world countries by lending to them with weird repayment clauses, and they know most of this countries would fail to meet up with repayment. That being said; I'm very sure many countries will want to stand up and challenge China, but only a few can.
4819  Other / Beginners & Help / Re: Protect Your Account on: August 05, 2020, 12:17:18 PM
Good suggestion. First of all, I have used two email addresses for my bitcointalk account. One used for registered and after I changed the email to another address to get notification from the forum. So if in case my bitcointalk account got hack, I will be able to recover my account from registered email and sign address.
Wait? Isn't it that the email you have used for registration and receiving notifications is the same? You cannot use your former email for password recovery if you changed it for a newer one thus, your notifcations and password change request can only be received in the new email address.  Huh
That should be it, email used for registration would not count as long as you've changed your forum email address to a new/different one, the forum afaik doesn't use two email options, users only have the option to change the email when they want to; email used for registration becomes useless once changed and you can't reset password or receive any notification through it.
4820  Other / Beginners & Help / Re: Protect Your Account on: August 05, 2020, 10:17:03 AM
How exactly was he hacked? Even I myself shows publicly my email address, yet encountered no issues of hacking nor anything so far. Maybe he had entered it in a website where they had data breach, or his password wasn't that kinda strong. There can be alot of prevention that can be done by BitcoinGirl.Club in his ends
It is in the op, and was also explained by few users after the op, his account wasn't hacked because of his email was visible to other users, but it seems he uses the same email on the forum for other purposes, so hackers sent him a malware in the form of a link which he clicked, that gave them access to the account and the powers to request for a reset of his password.
Limiting the Newbie's capability to reply on certain thread. How? They could only see pinned posts for approximately 3 to 5 days (depending on the forum management) upon their registration. Hence, all of necessary rules, regulations, and reminders would and must be read by the newbies before they can have the rights to reply on threads.
Limiting newbie participation is very harmful for a community. Newbie jail will never return: I consider the newbie-jail period to have been extremely damaging to the forum. When barriers to participation are too high, then the best people often just won't go to the trouble of joining, and the people who are willing to jump through the hoops are often people who aren't good for the community: people with nothing better to do, scammers, get-rick-quickers, etc. Having a permanent newbie jail policy would improve things a lot in the short-term, but would end up being a fatal poison to the community.
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