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561  Economy / Economics / Re: Collapse of crude oil prices on: June 06, 2020, 03:27:06 PM
The story with the fall of oil was inevitable - remember OPEC and how Russia and the Arabs did not agree about oil. In the end, what? The Arabs oil "goes out".  Russia is ready to sell oil for 12$.
US oil is worth a penny because shale failed as a project. Yes, and in principle everything is bad there is shale oil industry, it kept only on subsidies.
Again, the fall of oil was an inevitable event. The main question is cui prodest?
562  Other / Politics & Society / Re: Why We Need Women In Blockchain on: June 06, 2020, 02:50:45 PM
Why We Need Women In Blockchain
Very good question! I also do not understand why we need them in the blockchain. And I don't understand why men should be in the blockchain. Why white, black, Asian? Is it not enough to be just a human to use blockchain? What about equality? This is completely surreal and delusional guys
563  Economy / Economics / Re: If Recession Kicks In, How Will Bitcoin Perform? on: June 06, 2020, 02:37:12 PM
At the time of its appearance btc was something new and unprecedented but now the maximum that can we hope for is growth due to a lot of new users who will want to buy a ticket to the moon in the middle of all this depressive crisis.
If this does not happen, then Yes, BTC will go down as well as the rest of the market because people will not have money and absolutely will not want to try to make them on risky investments (and for most people, cryptocurrencies are just risky investments)
I don't think bitcoin will fall immediately and/or significantly, because it is the safe haven for a lot of people from developing countries.
So at the point when economy of developed country will be in danger - btc will be supported with money from poorer people out there.


So, poor people will keep btc from falling sharply? But they will not keep it from falling slowly, and it is unlikely that "poor people" will invest money in something that they certainly do not understand.
564  Economy / Service Announcements / Re: ~~Longest Running Trading Signals Service~~Starting 0.02 BTC~~ on: June 04, 2020, 01:05:31 PM
First that i want to say, that these guys are legit. I mean that they really have access to these channels. Yes, i found that several of these channels were dead but the most interesting ones are working. Nice price for so big range of signals. What about quality? It depends on channel but i found 7-8 nice ones. Good luck with trading, guys.
565  Economy / Economics / Re: Economic Impact Of Commercial Space Exploration on: June 03, 2020, 02:18:06 PM
At the moment, the launch of Crew Dragon proved only one thing, namely, it proved that Elon is crazy (a bit) but not a fraud.
Then it all depends on the demand for launches. Yes, America will no longer need Baikonur or Vostochny for launches. If Musk manages to catch the right demand and this demand will pay for further development-we are waiting for what I think is really breakthrough things (after all, for many decades, space technologies after a full run-in pass into everyday life). If the demand ends without starting it is sad and Musk will remain an eccentric billionaire who has missiles.
If btc goes to the moon will I go to space? No, and few people can afford to do it in the next 10-20 years without spending entire budget (or if you are a very rich person). But I want to believe that now a new story of technical breakthrough begins and that soon we will see things that
566  Economy / Economics / Re: Is it possible to live without banks? on: June 03, 2020, 02:07:39 PM
You have not yet realized that you are trapped in the modern economy.
You have zero "sovereignty" over our money because purely from the technical side, they do not belong to you - this is either the equivalent of the cost that the state prints and uses as obligations, or just zeros and units of your Bank.
Yes, the only way is to try to go to provide yourself with precious metals (gold, platinum, palladium) that would be in case of something to be able to somehow operate with measures of value. But if we imagine that everything collapsed in General - it is much more valuable to have an extra gun and an additional pack of bullets, your own house with a plot and a car with biofuel/electricity (that would be fueled by solar panels) than some pieces of iron. If you think that everything can collapse-learn to work with your hands and not think where you invest to save money. such thoughts lead to a bull market which then collapses like a house of cards.
567  Economy / Economics / Re: If Recession Kicks In, How Will Bitcoin Perform? on: June 03, 2020, 01:52:30 PM
At the time of its appearance btc was something new and unprecedented but now the maximum that can we hope for is growth due to a lot of new users who will want to buy a ticket to the moon in the middle of all this depressive crisis.
If this does not happen, then Yes, BTC will go down as well as the rest of the market because people will not have money and absolutely will not want to try to make them on risky investments (and for most people, cryptocurrencies are just risky investments)
568  Economy / Economics / Re: The Coronavirus as A Means of Financial Reset on: June 03, 2020, 01:23:12 PM
To be honest, there is almost no difference at all - from the laboratory or from the fact that someone ate a bat.
It was cleared, probably a month ago that was the genetic origin of the Corona virus is happened to be a natural cause. So it means that there is no one responsible for the virus, just like the MERS-COV and SARS.

The only important thing is to make China pay for the fact that it bears the greatest part of the blame for what happened.
I will just agree on this if you are able to provide at least a fact that China did deliberately created the virus to spread across the globe and let the world's economy crippled down. I might be protesting outside the Chinese embassy here if they did so. It's pretty illogical to make pay or hate the country that has seen some health weaknesses such as this one, have you ever said that when MERS-COV is on the run? I think not. No one's to blame after all. We are all get through this, humanity as one.

I suggest you read how it all started. China knew about the virus and hide it until it was too late.
For a couple of months, the Red Brother hid the fact of the pandemic - which has now affected millions of people. And Yes, China should be blamed for what happened because of this. Such negligence should not be forgiven.
569  Economy / Economics / Re: The Coronavirus as A Means of Financial Reset on: May 31, 2020, 02:16:28 PM
To be honest, there is almost no difference at all - from the laboratory or from the fact that someone ate a bat. The only important thing is to make China pay for the fact that it bears the greatest part of the blame for what happened.
570  Alternate cryptocurrencies / Altcoin Discussion / Re: Stop wasting your electricity on: May 31, 2020, 01:58:23 PM
You brought a pile of shitcoins and say that it is not necessary to mine them. It seems that you did something that you were not asked to do - you said the obvious thing for everyone that no one else is doing. Is everything okay?
571  Alternate cryptocurrencies / Altcoin Discussion / Re: Hello everyone! Do you still have confidence in altcoin? on: May 31, 2020, 01:58:01 PM
1) Not so important
2) I Don't use it because it doesn't make any adequate sense
3) Yes, to then sell more expensive when the market goes up following the global economy recovering from the crisis
4) the most useful thing you can do with cryptocurrency - make it legal. Until this happens, coins will still be a tool for buying weapons and entertainment for geeks
572  Alternate cryptocurrencies / Altcoin Discussion / Re: Investing in cryptocurrency but which altcoins is good for long term holding? on: May 31, 2020, 01:26:46 PM
Standard classics - BTC, ETH, dash and doge (just to be)
573  Economy / Economics / Re: Some Strategies to Face the Next Crisis on: May 31, 2020, 01:18:27 PM
If the economy has a chance to finally collapse and if it collapses, then no savings will help, but material things is another story. I think it's a good time to buy a house or invest in something else material, gold, etc. Maybe even buy a piece of land and start microfarming lol
574  Economy / Economics / Re: There's no way this is a "V-shaped" recovery... right? on: May 31, 2020, 01:16:56 PM
Quite funny by the way the situation turned out. All this time, crypto-anarchists and other adherents of decentralization shouted that cryptocurrencies will never depend on the "fiat" market and that we are on our own - but now we see that this is fundamentally not the case. It would be interesting to hear what these adepts have to say now.
575  Economy / Economics / Re: Why can't I buy stocks with Bitcoin anywhere?! on: May 28, 2020, 03:57:47 AM
Why is it impossible? Because BTC is some mysterious meat in the eyes of the state and no one will give you a mix of btc and "classic" tools until the crypto gets legal status.
576  Alternate cryptocurrencies / Altcoin Discussion / Re: Wallet for different altcoins. on: May 24, 2020, 07:19:03 AM
Exodus wallet the best one
Has a beautiful interface, supports even the most useless shitcoin.
And non-custody as a nice addition.
577  Alternate cryptocurrencies / Altcoin Discussion / Re: The Fate of Privacy Coins on: May 24, 2020, 07:14:05 AM
If you want to be able to contact the police when your coins are stolen-you will have to be friends with the state. If you want to be arrested for the very fact of owning a cryptocurrency-you can not be friends with anyone at all.
I think that these are quite understandable categories of extremes from which you can start in the issue of interaction between the crypto and the state
578  Economy / Economics / Re: Fed concerns about US economy are a reminder that economy may never be the same on: May 24, 2020, 07:06:40 AM
Even if 2008 comes again - the way out of it will be as brilliant as it was in those days. A huge problem of the market is a bubble system of derivatives and other synthetics that already exceeds the money supply a couple of times. I think that if there wiil be a "new 2008" it is more good than bad. It's time to dump this ballast and money out of the air that too adventurous but not very smart guys are trying (and some manage) to get out of the air.

2008 is nothing. I think that's partly what all this optimism in the market is all about. The market believes 2008 is the worst case scenario, so investors are already scrambling to position themselves for the recovery.

But what if this time is different? What if this is 1929, not 2008? Are you prepared for the economic pain that comes along with a large scale debt deflation collapse? It would affect every corner of the economy. Corporate debt defaults, mortgage (foreclosure) and rent (eviction) defaults, bank failures. This would kill liquidity to small businesses and also tax revenues, social services.

In that scenario, I don't know what the prognosis is for BTC or gold. In the case of deflation/depression, they could perform poorly for some time in a liquidity shock since globally, debtors need USD to service their debts. It may be difficult to hedge, and virtually everybody in all markets may come out losers.

And maybe it's not so bad? So many years of continuous growth-did anyone think that these years will remain "unpunished"? The higher humanity soars the more painfully it falls but each time it rises. And this time is certainly no exception
579  Economy / Economics / Re: Would nations adopt a DIY approach post covid-19? on: May 23, 2020, 01:26:41 PM
Side note: Do you also think this would have an effect on an individual level? Services such as in-house painting, furniture moving, plumbing work, food delivery etc from outside sources, the fear of contracting a virus could lead more people to take a more Do It Yourself approach and what impact would this have on home delivered services?

DIY is already quite popular for the reason that in the era of super accessibility and information noise, people are increasingly choosing some creative activities as a hobby. It's unlikely that COVID will have much of an impact on this. Streams are also unlikely to rise because many who are looking for DIY content want to then repeat what they saw and the stream format is a lot of inconvenience for this (Yes, I know that then there are records but many who delete them).
580  Economy / Economics / Re: Crypto Taxation on: May 23, 2020, 01:21:38 PM
In my country, in Ukraine, new laws speak of taxing all additional sources of income. In addition, we are talking about buying expensive things, as well as expensive gifts. It is worth noting that the government allows citizens of their country to use cryptocurrency as a means of payment in some online stores. In addition, citizens have every right to invest, buy and sell cryptocurrency. But each owner of the cryptocurrency will pay a certain tax if he will cash out the cryptocurrency in real money, exceeding the established minimums. I think that practically the same laws exist in other developed countries as the United States and countries of the European Union.
I don't see anything wrong with this and I consider taxes on crypto a decent payment for the state not to try to fight with windmills and not to ban crypto. In the end, these taxes will then go to improve your own life, so it is quite an equivalent exchange.
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