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4941  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: January 26, 2019, 09:45:52 AM
Solskjaer is showing good form but Man.Utd did beat Arsenal in Fa cup and I don't think we would have seen the same result if the game was played in Premier League. Arsenal has been showing great football and I think the line up yesterday of Arsenal was not the official line up.

It was a bad game for Arsenal yesterday. Sokratis went out due to an injury and after that Lukaku was playing like he was Andres Iniesta. No one could stop him from the right side. Manchester United was very lucky to find Arsenal in bad condition. They scored two goals fast and then the morale of Arsenal's players was so low and this was a point that led them to defeat.
4942  Economy / Gambling discussion / Re: 2019 NBA Pre-Season on: January 25, 2019, 06:58:56 PM
Let's talk about the NBA-All stars.

It's between Team Giannis Antetokounmpo and Team Lebron James. They have been selected as team captains for two sides.

Western Conference starters
Steph Curry (Warriors)
Kevin Durant (Warriors)
Paul George (Thunder)
James Harden (Rockets)
LeBron James (Lakers)

Eastern Conference starters
Giannis Antetokounmpo (Bucks)
Joel Embiid (76ers)
Kyrie Irving (Celtics)
Kawhi Leonard (Raptors)
Kemba Walker (Hornets)
Source: https://www.skysports.com/nba/news/36244/11616947/lebron-james-and-giannis-antetokounmpo-to-lead-nba-all-stars

What do you say? I'm with Team LBJ.  Smiley


I am very happy to see Giannis Antetokounmpo as the captain of the Eastern region. However, it is kinda sad to see only one player in the All-Star Game from the team that leads East. I also thought that Lebron James can't be a captain for a second consecutive season. Wasn't that a rule?
I will support Team Giannis because he is a great player but I think that Team James is going to win. Westerns are stronger with greater players in all the positions.
4943  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: January 25, 2019, 05:53:22 PM
What's going on at Chelsea?  Has Sarri lost the dressing room?  Hazard's statement saying 'he doesn't care what the manager thinks (on comments about him not playing to his full potential)' seem to show that Sarri has either lost the dressing room or Hazard is on his way out this summer.

I heard some Chelsea fans are calling for 'Sarri out'.  This true?

There are rumors that Hazard moves to Real Madrid. Sarri hasn't completed the goals that were set at the beginning of the season, but this was not a reason to sack him. If he has problems with the top-class players of the club then I believe that he is about to leave the club soon.
4944  Economy / Economics / Re: How can Bitcoin reduce global economic inequality? on: January 25, 2019, 12:19:28 PM
Bitcoin and the whole blockchain industry offers a new way of globalization. It reduces inequality because it solves inefficiencies in the economic model that already exists. For example, the remote working model gives the opportunity to anyone that lives in countries with high unemployment rates to find a job remotely and make a living.
4945  Economy / Economics / Re: You Can Now Keep Your Bitcoins In A Bank on: January 25, 2019, 11:43:39 AM
Only banks in some countries accept bitcoin as storage. This is good news because, with the receipt of bitcoin in the bank, the data of the bitcoin users can be known by the government so that the tax rules and others are clear.

It is not good news. What is the point of storing them in a bank? For letting them accumulate amounts of bitcoins and lend them, create debt and continue their vicious economic cycle?
We are against this system. Bitcoin gives you a decentralized option that lets you control your money in an efficient way without needing any bank or 3rd party to rely on them.
4946  Economy / Economics / Re: Know Your Customer on: January 25, 2019, 11:30:57 AM
For exchanges, ICOs that collect KYC information, when are they required to send information to the government.

If I remember correctly, in the US if you make a money transaction, such as through Western Union, or bank, $3,000+, within the same day, or smaller amounts during consecutive days, the institution must collect your ID information and Social Security and report it to the government. I forget which entity of the government.

Does that mean that if one participates in an ICO and puts in over $3,000, that gets reported to the government? Or if you move $3,000 out of an exchange, that gets reported?

Unfortunately, as the blockchain projects need to become an entity it is inevitable to be hidden as an investor as you have to report your identity to them. I think they don't give them your identity to the government. Only the companies that you exchange crypto to fiat and fiat to crypto do this. If you make a big transaction in this process then maybe your government will be aware of that.
4947  Economy / Economics / Re: When will Apple accept bitcoins? on: January 25, 2019, 11:25:01 AM
When they really need to. But they'll fight it hard! Apple's business model is to lock everything down -- very closed indeed. This does not align with the goals of bitcoin, at least, how I perceive them.

tl;dr Apple = closed. BTC = open.

If Apple was to even accept cryptocurrencies that will not be Bitcoin for sure. They will maybe create their own blockchain and fill it with their own native token. I believe that this is imminent to happen in the near future for many companies like Apple, Amazon etc. They will have more earnings from a move like this one rather than integrating an already developed cryptocurrency that they are not in the control of it.
4948  Economy / Economics / Re: Investing in Bitcoin in 2019? on: January 25, 2019, 11:13:12 AM
I've always been watching bitcoin since mid-2013 up to now, and the market/bubble is painfully toxic. I'm not a big investor or economist, and I probably still only have superficial knowledge on how the entire blockchain systems work.

I just patiently watch the graph, and keep telling myself not to invest because everyone tells me it's a giant bubble that will someday pop. Recently, I started to run a few side businesses dealing in Bitcoin as payment methods, but I've never stored it long term and always converted it to cash.

I remember back in 2014 when I first thought of investing in Bitcoin as a long-term investment, and obviously was pressured out of it because everyone kept thinking it was a bubble that was about to burst. I'm starting to think about it again now that Bitcoin is starting to crash - and generally speaking in the past it's done quite well after crashes, recovering and increasing every once in a while.


What do you guys think? Is it worth it to give it a try? This would be my second crypto investment, and I'd be throwing in $5-10,000 at most. Any ideas?

You will hear and read many things about Bitcoin. You just have to use your critical thinking and decide if you have to deal with cryptocurrencies or just keep cashing out instantly. In my opinion, you have nothing to lose. If you are afraid of the risks, just keep in long-term a small portion of bitcoins and set a timeline that you are going to cash out them. This way you won't fear of missing out!
4949  Economy / Economics / Re: Bitcoin can less the unemployment rate? on: January 25, 2019, 11:07:24 AM
Do you believe that the adoption of bitcoin in every country can less the unemployment rate? As what I have observed most of the countries right now are accepting bitcoin as a payment method. Is there a possibility that crypto will be legalized and become as a legal job also?
Bitcoin is not a company that can make or accept job vacancies, bitcoin is just a digital currency like money fiat is nothing more than that. So when a country accepts bitcoin does not mean that the country will advance in economic terms and I don't think there will be a significant change especially in economic terms when a country accepts bitcoin.

Yes, Bitcoin is not an organization but it is a whole new economic system which can bring new job opportunities to people all around the world. There are many specifications about this system. Imagine the "mining" industry that is evolving right now, wasn't in our sights before. And mining companies like BITMAIN pay taxes and create wealth to the society, so there will be advances in economic terms.
4950  Economy / Gambling discussion / Re: Football Transfers Speculation, Odds and Predictions on: January 25, 2019, 11:03:42 AM


About Paredes, if i remember correctly, Real Madrid were interested in him last year,  so maybe these teams see something that we don't because honestly, I also think he's average.


PSG need a defensive player, something he is not. He's a good technician yes but they have that already.

What do you think about the outcome of PSG vs Man Utd?
Even if Neymar is out of both legs I think & hope PSG will be too good for United. Players like Mbappe & Cavani can still destroy you in a second.

Mbappe is still a good alternative to destroy Manchester United's defense and score some goals that will lead them to the next stage. However, I think that the match is going to be a difficult one because Man Utd's players will strive for the qualification. They don't have to lose anything as they are out of Premier League title rally and they will probably see both games with PSG as "finals".
4951  Economy / Economics / Re: The implications of the market condition on: January 25, 2019, 10:58:40 AM
Considering the market surge of 2017 and the bearish market of 2018.
What is the implications of the 2018 bearish market on the Cryptocurrency market ?
Did the situation increased or decreased adoption rate of Cryptocurrency?

In early 2018 we had reached a big amount of Altcoins in the market. I think that this wasn't necessary and it was bad for the market. Hopefully, after the bear market, the altcoins that are not needed are "vanished". I believe that the bear market was a must for the market and it had no impact on the adoption rate of cryptocurrency. Instead, it has made the community and the projects more solid for the future.
4952  Economy / Gambling discussion / Re: Tennis League All Thread on: January 24, 2019, 02:12:03 PM
I've seen Tsitsipas play from middle of last year and if his style of play in the end rounds havent waivered I can see a good match coming up.
He has the energy and good forehand shots to make Nadal think twice of underestimating this greeks lack of experience in the later stages of an open.
Well he lost the first set , tried to get too many free points if you ask me , he should have been more patient but now in the second set he is handling pace of Nadal a bit better but well we all know Nadal . I think this match will end in 3 or max 4 sets in favor of Nadal .

Who else is excited to see Nadal v Djokovic in the finals?

Tsitsipas did his best but he lost the first set and then he blacked out. If he was more experienced he could handle it differently. Also, Nadal's forehand is on fire in this tournament and I think that he will beat Djokovic in the final. He deserves that after the comeback of his injury and this will boost his morale for the next tournaments to come.
4953  Economy / Gambling discussion / Re: 2019 NBA Pre-Season on: January 24, 2019, 10:46:26 AM

Surely they would dominate the Lakers, without a legitimate pointguard they certainly lose at a powerhouse team. Also the odds of betting is too high, starting at a +10 for the Lakers means everybody expect the warriors to win the game.

TBH, without LBJ and Rondo, Lakers are really struggling, now that Ball is also out too. Kuzma and Ingram are still young to carry this team though, kodus, to their efforts as they stood out to be the leaders of the team. On the other side, Klay did relatively do most of the damage in this game, shooting first 10 attempts beyond the arc with 10-11 3PFG%, he's literally on fire. What more could they do if Curry did the same (though he has an off shooting 3-12FG, 2-10 in 3pt line) but still he'd able to dish out 12 ast in this game plus a ticket to Shaqtin.

That's what happens to every NBA team when it losses 2 players from their main squad. Same results will happen to GSW if they lose Duncan and Curry from injury, or if Buck loses Antetokounmpo. The teams are built and carried from the stars as they take the majority of opportunities to score and leads the team in hard times during the game.
4954  Economy / Economics / Re: How can we get people to use bitcoin as a currency? on: January 24, 2019, 10:23:40 AM
We can only help bitcoin indirectly. Investing in it and taking advantage already in those stores that exist. You can also create your own business selling something for Bitcoin. People will start using Bitcoin as a currency in everyday life when the state allows it. At the moment, the state’s trust in Bitcoin is not yet available. Let's see what will happen next.

Exactly. That is the point of introducing cryptocurrencies to more people. We should just make it a habit of them and get used to it without making them know. For example, if you sell things and you accept cryptos as a way of paying it is a way of giving them the incentive to get them involved and study about what Bitcoin is.
4955  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: January 24, 2019, 10:11:43 AM
The Italian league was great in the 90’s, there were some fantastic players & the league was a lot more competitive.

Who remember -

Batistuta
Original Ronaldo
Roberto Baggio
George Weah
Maldini
Veron
Del Piero
Inzaghi
Crespo



Some great players.

Back then, there were 3-4 teams that were competitive for the championship this is why there were so many skilled players. Now it is Juventus the strongest one and maybe one more team follows in the championship chasing. Serie A has become from a Top class championship a middle class one.
4956  Economy / Economics / Re: US academics say their shardy blockchain will be 10X faster than Visa on: January 24, 2019, 10:00:59 AM
I have gotten tired reading about every project that comes out and saying that they have solved scalability. I think nowadays is something like a marketing technique to attract investors' attention. I can't see any reason that sharding is an innovative approach to solve this issue. There are already some projects that have implemented sharding as a way of solving scalability (I think Ziliqa is one).
4957  Economy / Economics / Re: What's it like to live on crypto instead of Banks? on: January 24, 2019, 09:56:43 AM
Imagine living your life without depending on Banks ever again. Using only cryptocurrencies such as Bitcoin or Ethereum, you can make your own income stream and use the coins earned to buy stuff from merchants who accept them. Every day, cryptocurrencies have been going closer towards full mainstream adoption. However, there are still some things which prevent crypto from being used over traditional payment systems we've been accustomed to for a long time.

Nonetheless, what's it like to live only on crypto instead central-bank issued fiat money? Cheesy

There are many positive aspects that I can point out to live only on crypto. The major one is that cryptocurrency markets are 24/7 365 days open, instead of banks that they close on weekends and holidays. This market is always available to the crowd and this is what can promote the economic freedom of our society.
4958  Economy / Economics / Re: What profit has brought you to bitcoin? on: January 24, 2019, 09:34:26 AM
What is bitcoin? This is the first cryptocurrency that Satoshi Nakamoto opened to the world in 2009. And if even before 2011 it was used exclusively by programmers, then later it became available to ordinary users. Over time, more and more users of the Internet began to learn about it and investments in bitcoin only increase every year. There were times when the value of this cryptocurrency did not move from a dead point for a long time, as well as there were sharp UPS and downs.
It is interesting to know how many people have known about bitcoin since 2009 and how long have you been investing in bitcoin?
What percentage of the profits is brought to you by early investments in bitcoin?


I wasn't an early investor as I was a little bit late when I got into cryptocurrencies. It happened to me when I found a remote work and the employer offered me Bitcoins as a payment method. I was scared in the beginning as I thought I would be scammed and then I started reading about what it is all about. If anyone think that i didn't invest any money on it then all my investment (of time) is profitable.
4959  Economy / Economics / Re: Are we headed for a recession? on: January 24, 2019, 09:29:34 AM
It seems to me that the cryptocurrency is almost not associated with these indicators. Cryptocurrency goes according to its own laws. While the cryptocurrency market has not been fully formed, therefore this indicator cannot be used. At the moment, cryptocurrency is too unpredictable. Moreover, it doesn't look like a stock market. Therefore, my verdict: the cryptocurrency market can go in any direction, regardless of other markets and various indexes.

Indeed the cryptocurrency market has its own laws and trends however as it is connected with the fiat world (without fiat you can't buy Bitcoin), it is somehow correlated with it. For example, if stock interest rates increase I think there will be in effect in bitcoin's price as maybe investors will buy cryptocurrencies due to the same level of risks that are involved in both investments.
4960  Economy / Economics / Re: What will you do in 2030? on: January 23, 2019, 07:11:59 PM
Looks like many economies around the world are going to be suffering major downfalls around 2030. The demographic pyramid is completely fucked up in many countries, with locals not having kids because basically millennial cannot afford to live on their own due low wages and high cost of living. In Europe it's all over the place. What grinds my gears is economists saying immigration is the solution and they will pay our retirement funds. This is insanity.

Anyway, do you have a portfolio that makes you comfortable about the future? we are definitely on our own so be sure to have some passive source of income for the future. Hopefully Bitcoin saves our ass and by 2030 we don't have to worry about money anymore.

That's a good question. I believe that even with economic downturns we can survive by hodling our cryptocurrencies in cold storage. Right now I can't be able to know if Bitcoin, Ethereum etc will be my portfolio that will make me store the value of my money. Maybe new cryptos are going to be more competitive in the future. My strategy will be to hold a good amount of crypto to my wallet and I hope more than I do now.
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