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581  Local / Трейдеры / Re: Биткоин и выборы в США on: November 02, 2020, 10:46:27 AM
Этого они допустить не могут. Поэтому будут вливания до победного конца, пока все не рухнет окончательно.
Очень в этом сомневаюсь.

В ФРС сидят не полные идиоты. Эта организация контролирует бакс (основную мировую валюту) уже более 100 лет.
А уж кланы банкиров контролируют мировую финансовую систему уже не одну сотню лет.
И вся эта выстроенная система держится на долге.
Думаешь, они дадут рухнуть системе, которую создавали сотни лет?

Ну на счет ста лет, это ты погорячился

И да, я в курсе, когда была создана ФРС – в 2013 (зачеркнуто) 1913 году. Вот только баксу в его нынешнем виде, т.е. фактически той самой системе, построенной на долге, меньше 50 лет. Условным ее началом можно считать 1971 год, когда доллар потерял свое золотое обеспечение

А когда все уверены в невозможности падения рынков, опьянены эйфорией и самодовольство зашкаливает, то ничем хорошим это, обычно, не заканчивается

Вообще-то сначала рынки падают, а потом уже Федрезерв заливает ликвидность. И здесь падение рынков –это всего лишь следствие, а не причина. Другими словами, если рынки сами по себе рухнут, то это отнюдь не значит, что туда польется денежный поток. И никто деньги на рынки напрямую не заливает, разумеется
582  Economy / Gambling / Re: WOLF.BET - $1,000 Daily Race! 30% Rakeback! Advanced Dice Game 2.000 Bets/s⚡ on: November 02, 2020, 10:13:28 AM
I just wanted to mean, they have an AMAZING name, wolf.bet is a unique and cool looking name with absolutely no connection to any game at all, many places have names like somethingdice.com thisisdice.com and stuff like that where it has dice in it and they still add other games anyway, wolf.bet is a name that could have ALL casino games you can imagine from simplest dice to most complex games

For the inquiring minds, SatoshiDice was the first cryptocurrency online casino ever

However, I wouldn't call dice simple from a developer's point of view. I don't mean just the technical side obviously, i.e. implementing rolls and counting odds, but rather the bankroll management of the game, given its typically low house edge. The bankroll management seems to be the most important thing once the casino kicks off for real. And it looks like Wolf.bet handles their bankroll quite good as otherwise they wouldn't have lasted that long, even though you can't harness their most distinguishing feature, which is flashbet, to secure a steady cash flow into your account with an actually working martingale strategy (I already explained why)

All I am saying is, when you are a casino it takes a while to adjust everything, there are whales who lose big but there are ones who win big, it is not a steady stream of income, but when you have that base, they could slowly work over a decade to add games, there is no rush

That's the whole point about the proper bankroll management
583  Economy / Services / Re: ➤ Top-notch Cryptowriting & Eng⬄Ru Translation Services [AVAILABLE] on: November 02, 2020, 09:53:51 AM
Can you tell me the details of cryptowriting services,where i can get thoshe translation job?can you help me to get those type of job?i am very much interested about it.Hopefully you help me to get

This is not what this topic is about

But if you want to offer your services (provided I got you right), you should start a similar topic in this board. There are a few such services, so just look around and follow their example. Another way is to contact potential clients directly, either here or elsewhere. Put simply, you should carefully build your client base and have your name registered in their minds. That's what advertising and marketing are for
584  Economy / Economics / Re: btc value and currency inflations on: November 02, 2020, 04:54:48 AM
USDT is not actually "stable" in the sense that you could have 100 usdt that will always worth 100 dollars but that same 100 dollars will not be able to buy the same things it can buy today that it could have bought 5 years ago, there is inflation and that means your 100 usdt loses its "value" even if it doesn't drop in price

Well, that's not how "stableness" of USDT is defined

It should be stable with respect to its underlying asset, that is to say, the American dollar. It is a stablecoin whose value is pegged to the dollar, and as long as this peg is maintained, it is rightfully considered stable regardless of how much the dollar itself depreciates. Therefore, you can't say that USDT will be losing "value" along with the dollar. Fundamentally, you are implicitly trying to redefine the idea of a stablecoin but that only destroys it
585  Economy / Speculation / Re: how many Bitcoin do you need to live comfy in event of hyperinflation? on: November 01, 2020, 05:42:06 PM
I really think that at the beginning of such event the price of bitcoin will go down as dumb people sell their coins for cheap, but once people realize that this is the crisis we all have been expecting they will try to find a refuge for their wealth and bitcoin will be there to help them, at exorbitant prices of course

Bitcoin is the safe haven for the poor

And if things massively go awry in the way you mean it, Bitcoin, as a speculative asset, will likely crash monumentally. I somewhat agree with Warren Buffet who says that there's no value in Bitcoin. What I disagree with, though, is his understanding of value. Basically, he sticks to a narrow definition of it, i.e. something which can create new value (for example, a car manufacturer). However, if something allows redistribution of existing value in one way or another, this capacity can also have value of its own, especially if you can leverage it
586  Other / Off-topic / Re: The Pun & Fun Thread on: November 01, 2020, 03:17:43 PM


A foolish man complains about a hole in his pocket, a wise man uses it to scratch his balls
587  Economy / Speculation / Re: how many Bitcoin do you need to live comfy in event of hyperinflation? on: November 01, 2020, 02:34:35 PM
The hyperinflation of the dollar will mean the collapse of the entire world economy, and I think in these conditions, bitcoin will also lose its value. Only food, weapons, gasoline and sheltered accommodation will be valuable. If we talk about moderate inflation, then I think 100 bitcoins for me would be the solution to most of my problems)

they wont hyper inflate the usd

I mostly agree with this

But you should certainly remember the second half of 1970s when the dollar had been losing like 20% of its purchasing power every year, year in and year out. I don't know if this counts as inflating, but these rates can be felt pretty well by the general public unlike mild inflation around 2-3% annually, which goes mostly unnoticed. Further, who could have foreseen only a year ago what 2020 would pit us against? And what if we are not done yet, as some claim?
588  Economy / Economics / Re: btc value and currency inflations on: November 01, 2020, 12:12:32 PM
lets say usa dollar and all currencies will be highly devalued .....then how we know the btc value??

most traders use USDT so if something happens with usa dollar is my USDT Will be worthless over night?
If USD will be devalued then obviously the price of Bitcoin will rise but that price is pegged to USD

That's not set in stone at all

As there are lots of offsetting factors at play here. I guess we can safely assume that the dollar has been more or less on the decline all these years, I mean, during the era of cryptocurrencies, i.e. the last 10 years. And so what? Bitcoin rose to 20k, then collapsed to 3k, then collapsed again to 4k from 9k half a year ago. The obvious conclusion is that these other factors have much more influence on Bitcoin price that the dollar depreciation. It is also a factor indeed, but I wouldn't rely on it too much as it can be easily overridden and ultimately completely negated by more powerful factors
589  Alternate cryptocurrencies / Altcoin Discussion / Re: Is DeFi really a threat to centralized finance? on: November 01, 2020, 11:26:09 AM
Just pointing out that even "decentralized" stablecoins like DAI are rather centralized. They're backed by custodial assets (to hedge volatility) and their governance is highly centralized too

DAI is not the only pebble on the decentralized stablecoins beach

For example, there's EOSDT which seems more decentralized even though it follows the DAI collateralization model (as far as I know). But the question is (actually, two questions), can we have it any other way and is this the reason why we can't call them decentralized? BitShares employs a self-collateralized model, and I can't even imagine that you would ever call it decentralized. However, if we proceed with this assumption in mind, that no decentralized stablecoin is truly decentralized, then what is?
590  Local / Трейдеры / Re: Биткоин не будет больше 10500$ в 2020 году!? on: November 01, 2020, 10:29:57 AM
Ну или далеко не всегда так. Тот же эфир вырос более чем в два раза к доллару за какие-то пару месяцев (а к битку раза в полтора), в то время как сам биток прибавил дай бог если дюжину процентов за тот же период, и только потом стал догонять (и обгонять). По причины мне рассказывать не надо – сам знаю. Но факт остается неизменным – не все альты одинаково полезны (зачеркнуто) бесполезны
Хорошо, уточню свой пост - биткоин и эфир, еще держаться на плаву, а все остальное очень сильно потерпает. Что можно еще кроме эфира привести в пример, что более менее держится на плаву, хотя бы не теряет свои позиции? Не говоря уже о сильном падении

Из старой гвардии можно отметить, например, доги

Я про них писал еще два года назад, меня тогда насмех подняли. Как всегда, оказалось, что смех без причины – признак дурачины (зачеркнуто) хорошо смеется тот, кто смеется последним. Напишу в очередной раз, что доги нашли свое место в онлайн-казино и никуда из него уже не денутся. Еще добавлю, что это, наверное, единственный альткоин, ценник которого больше привязан к доллару, чем к биткоину, что, впрочем, и следует ожидать
591  Economy / Economics / Re: Will the Digital Yuan makes China even more powerful? on: October 31, 2020, 06:09:44 PM
First of all, we should ash ourselves if the digital money make a country better or more powerful in any way. I din't believe that the switch from traditional to digital fiat banking made countries so much better. It's something we could call natural progress and it doesn't really make or unmake a powerful economy

There are effects of the second order as well, which we shouldn't discard

And their effect (pardon the pun) can be more powerful than that of the first order, in this case, the direct impact of the digital yuan on the Chinese economy. It can become stronger if its new currency will be able to edge out the American dollar a little from the global trade. This we should pay close attention to

So, while it is certainly true that the new currency is unlikely to effect a massive change as long as it stays within the Great Wall, this is not the whole picture. Moreover, this need not necessarily be how the Chinese commies themselves view their digital currency and its mission, whatever they might say aloud to the contrary if they say anything at all
592  Local / Трейдеры / Re: Биткоин не будет больше 10500$ в 2020 году!? on: October 31, 2020, 05:30:27 PM
Альткоины не только на рост биткоина так реагируют красным, они и на его последующие движения вниз так же реагируют. То есть куда бы не двинулся биткоин, альты идут только в одном направлении - вниз. Это конечно удивляет и напрягает. когда же ситуация с альткоинами может измениться, это нужно что бы биток более менее в одном ценовом диапазоне остановился, или что?

Справедливости ради, это далеко не так

Ну или далеко не всегда так. Тот же эфир вырос более чем в два раза к доллару за какие-то пару месяцев (а к битку раза в полтора), в то время как сам биток прибавил дай бог если дюжину процентов за тот же период, и только потом стал догонять (и обгонять). По причины мне рассказывать не надо – сам знаю. Но факт остается неизменным – не все альты одинаково полезны (зачеркнуто) бесполезны
593  Economy / Gambling discussion / Re: [Boxing] Mike Tyson vs Roy Jones Junior [PPV on Nov. 28] on: October 31, 2020, 03:25:47 PM
So Holyfield backed out from his similarly hyped fight with Mike, right?

That's what I expected since Evander is no one's fool as you wouldn't really believe Tyson's words that he is a different person now (and neither is Holyfield, for the record). So Mike found another victim, not quite from his league but still. What's next once Jones wisely bows out at the last moment? Is he going to fight Floyd Mayweather or what?
Evander Holyfield did not back out of the fight against Mike Tyson, when Mike Tyson announced that he is returning to box again Holyfield threw his hat but Mike Tyson refused to fight him because they are friends after their boxing career and Mike cannot fight friends and so is the reason Mike opted for Roy Jones Junior as it will be a much fancied fight for the fans

I'm curious if you seriously believe this stuff

I mean, best friends forever and that kind of thing? Seriously? Tyson was kinda friends with Lennox too when they were juniors, and what do you think it ended up with? So-called "friendship" didn't prevent him from biting (again) Lennox at the press conference in 2002 before Lewis beat the shit out of him

Tyson is the same old Mike we always knew and even liked, in a way, though he is a little rusty now. Regardless, I think he should be looking in the UFC corner this time around instead of selling us some pee-wee boxing bullshit if he wants to put up a good show and draw in some handsome money
594  Economy / Economics / Re: btc value and currency inflations on: October 31, 2020, 02:43:35 PM
First of all, inflation is generally useful for people living on credit. I'm personally aware of a few cases when a sudden, unexpected surge in inflation rates helped people to pay back their debts with cheaper money. Indeed, it is not always the case, but in general inflation is good for borrowers and bad for lenders, especially the type which can't be easily envisaged in advance and still more so for long-term loans

Then, rich people profit from inflation not so much because their wealth is in solid, inflation-resistant assets (as this can be equally true for simple people too) but mostly because they are the first to receive the money before it starts to lose value. Simple people, on the other hand, are the last to get their hands on the newly printed shekels and thus unwillingly become the target of inflation and have to bear all the nasty consequences of it
Living on credit, unless you have a solid financial situation, is the worst thing one could do. If we don't have the means to live up to our expectations then we shouldn't. Easy access to credit gave the illusion that everyone could afford anything, being a smartphone, a car or a house or whatever you like

You are talking about a different matter (aka "non sequitur")

Whether it is the worst thing or otherwise, inflation may help debtors as it devalues money and debts denominated in that money. In a more general sense, we can turn inflation in our favor because sometimes two evils or two minuses (debt plus inflation, in this case) can produce a good or a plus. Though I agree that it is not like everyone and his grandma can ride inflation to their advantage, through debt or other means
595  Economy / Gambling discussion / Re: [Boxing] Mike Tyson vs Roy Jones Junior [PPV on Nov. 28] on: October 31, 2020, 01:04:08 PM
So Holyfield backed out from his similarly hyped fight with Mike, right?

That's what I expected since Evander is no one's fool as you wouldn't really believe Tyson's words that he is a different person now (and neither is Holyfield, for the record). So Mike found another victim, not quite of his league but still. What's next or rather who's next once Jones wisely bows out at the last moment? Is he going to fight Floyd Mayweather then or what?
596  Economy / Gambling discussion / Re: Mind Blown Gambling Facts on: October 31, 2020, 08:17:49 AM
The growing number of online and offline casinos means that many people are discovering gambling by now. More people are engaged on the internet which a tool that helps them to find gambling and have them feel good and relaxing while staying at home or anywhere. And I expecting more casinos to open in the public in the years to come

I'm not sure about the number of "offline" casinos growing up

In these times of continual lockdowns and quarantines it is hard to expect the number of regular casinos to rise. Rather, we are going to see many of them shutting down. Online casinos, however, are certainly to see a boost, and this is kinda inevitable as the number of gamblers remains more or less the same, no matter the circumstances. Even in the case of an all-out war or some other global disaster, there would be enough gamblers sticking around and ready to roll. Let's call them career gamblers
597  Alternate cryptocurrencies / Altcoin Discussion / Re: Is DeFi really a threat to centralized finance? on: October 30, 2020, 08:32:43 PM
Point is that DeFi was here for longer time than ICOs and all that offering BS. People saw it because it was hyped recently.
I have seen threads regarding DeFi in this forum well before the hype started to explode but was not aware that it was here much longer than ICO and if that is the case the hype was methodical to align it along with the bitcoin halving this year and then reap the benefit that comes with it. Either way the team or the group of developers behind these are brilliant so that they could create the hype just in the moment of an expected rally

That depends on your definition of DeFi

Do stablecoins count as DeFi? Pretty much, if you ask me. Does decentralized trading count as DeFi? Same as well. But there is value behind these endeavors even if there is some hype in it too. There are probably other fields of DeFi that have substance after all. It is like calling all cryptocurrencies shitcoins and ICOs scams, which is not correct. Even if true for the most part. Time will separate the good from the bad as it always happened in the past

That depends on your definition of DeFi

Do stablecoins count as DeFi? Pretty much, if you ask me.

Stablecoins like Tether obviously aren't. They are centrally issued, redeemed, and controlled. Tether can freeze and blacklist USDT, etc

I meant decentralized stablecoins, obviously
598  Other / Off-topic / Re: The Pun & Fun Thread on: October 30, 2020, 07:11:02 PM


I'm not very good at push-ups or pull-ups, but when it comes to fuck-ups...
599  Economy / Economics / Re: btc value and currency inflations on: October 30, 2020, 06:49:40 PM
And you are completely right on your observations, a currency that can be inflated at will is something that benefits governments because they can tax you without having to pass any laws and what is even worse is that this is a tax against your wealth and not your income, which in my opinion makes it the worst tax governments can levy against their citizens, the rich benefit from this as well as most of their wealth is not on fiat money but on the form of properties and stocks which go in value with inflation, bankers benefit as well because people have to live on credit just to get by, but you know who does not benefit from this?

Well, some clarifications seem invited

First of all, inflation is generally useful for people living on credit. I'm personally aware of a few cases when a sudden, unexpected surge in inflation rates helped people to pay back their debts with cheaper money. Indeed, it is not always the case, but in general inflation is good for borrowers and bad for lenders, especially the type which can't be easily envisaged in advance and still more so for long-term loans

Then, rich people profit from inflation not so much because their wealth is in solid, inflation-resistant assets (as this can be equally true for simple people too) but mostly because they are the first to receive the money before it starts to lose value. Simple people, on the other hand, are the last to get their hands on the newly printed shekels and thus unwillingly become the target of inflation and have to bear all the nasty consequences of it
600  Economy / Economics / Re: The Real Situation :( on: October 30, 2020, 04:37:32 PM
Well, there is a simple analogy that environmentalists use and I love it; "humanity is like a virus for earth, right now earth is having a fever and its getting bigger, by the time she has a big enough fever the virus' (us) will die and she will get better" and I think it makes perfect sense

It doesn't actually make any sense

Okay, people are hurting Mother Nature. But our impact is incomparable to global disasters of entirely natural origin like a supervolcano erupting and freezing Earth for enough years to kill 99% of existing species (think Yellowstone). And I'm not even speaking about dangers of an asteroid smashing Earth to pieces. Ironically, in this vein humans can be considered a safety net or insurance for Earth as we won't let that happen even if right now we can't do much. In other words, the price paid is definitely worth it by any prudent investor's measure (read, such rhetoric is typical environmentalist bullshit)
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