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761  Alternate cryptocurrencies / Altcoin Discussion / Re: Does Eth coin automatically become “Eth 2” after the merge? on: August 29, 2022, 04:33:57 PM
Ethereum's proof-of-work mechanism is what makes it a viable cryptocurrency. If I'm not mistaken As a result of the hard fork, ETH coin holders will get both new coins (bundled with ETH). The result of this is that the share of cryptocurrencies in the portfolio of multiple users will increase by one coin. As a result, we can witness an increase in the bulk purchases of ETH coins, and thus their value can grow. However, it is difficult to make predictions in this area, as other cryptocurrencies are still gaining momentum and accumulating more potential.
762  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will the market rise in september on: August 29, 2022, 04:13:56 PM
Which coin will be ready to buy. It is time to dump the all coin. Can you expect the market to do something good in september. What do you say.

Most people believe that the market will go up and I think It has only had 'better' returns over the past few periods, and not much better, Inflation Issues, and the not yet healthy geopolitical mood has had an unfavorable impact thus making market sentiment negative plus it will there are more events happening in September later than the previous months.
763  Alternate cryptocurrencies / Altcoin Discussion / Re: which token should I use for my investment ? on: August 29, 2022, 03:52:40 PM
Hello, Dear

Can anyone tell me which token should I use for my investment which will give me profit in a short time as I am investing for the first time?

Thank You,

 

I will tell you that not all coins/tokens are the same, which means there is no one particular token that fits everyone because There are thousands of different cryptocurrencies populating the cryptocurrency world, and each one of them fulfills a different purpose.

The cryptocurrency market changes drastically every year, especially in the current conditions, so your best bet is to look at historical data and current news to make the right decision. Whatever you do, don't buy tokens for no reason, and research every exchange and currency you invest in and I think you can easily smarten up.
764  Alternate cryptocurrencies / Altcoin Discussion / Re: How to know a good bounty on: August 29, 2022, 03:37:57 PM

I heard that some bounties fail to pay participants at the end of work.

First of all, don't participate in the bounty blindly. The best way to be safe is to talk to the user who posted the gift and make sure they can be trusted. The big thing is to make sure they are a reputable company with a good business model.

There are so many stories where the company's planned ICO never came out/confusingly called a "coin scam" due to poor management and funding issues. Some of the big prizes are legit because they will pay off. Start by checking if their social media accounts are active and if they frequently post updates about their project progress.
765  Alternate cryptocurrencies / Altcoin Discussion / Re: Which Altcoin is good to invest in right into? on: August 29, 2022, 03:28:51 PM

What do you think is the most promising coin right now for investment?


There is no simple answer to that question, but I think the most important point is to plan your investment in advance and research the potential of the coin in depth so that you can make the right decision. For the average investor, I'd say it's probably Ethereum or BNB or a top 10 coin at least and If you want to invest in an altcoin, but don't know where to start, a good place to look might be coins that have a low total valuation.
766  Economy / Economics / Re: State Of Corruption In Nigeria Amidst World Corruption on: August 29, 2022, 03:20:23 PM

It is necessary to regulate corruption for economic sustainability because its effects have been so catastrophic in many regions of the world.


Corruption is a common problem in modern society. In Nigeria, corruption has reached historic levels. Now it is necessary to tackle this problem before the problem gets out of hand and the country faces a massive economic collapse. The Nigerian government must take all necessary steps to prevent corruption from occurring or being carried out within its borders.

The basic question Has Nigeria taken the necessary steps to eradicate corruption from the country?

What it means is that the Government must act now to fix this problem or the consequences will destroy the political stability and development of the country in general. Moreover, the government should make the eradication of corruption a must in its term of office, thereby ensuring that bureaucracy and red tape are removed from the administrative structure of Nigeria. This will make it easier for foreign investors to contribute to the future improvement of Nigeria.
767  Economy / Economics / Re: EU countries agree deal to cut use of gas this winter on: August 29, 2022, 03:06:04 PM

Do you think this will help solve the EU gas shortage for now


The threat of shortages may still remain in the future, so these countries may want to minimize their dependence on Russian natural gas in the future and the EU States finally take decisive action to complete their current gas role, which could be a significant step toward ending the crisis. but we'll see how long this lasts.

My opinion This may only be a short-term solution, but it will at least help the situation for a while. Plus, prices are likely to go up soon, so maybe this will give the EU some time before the next round of price hikes.
768  Economy / Economics / Re: Global inflation rate from 2017 to 2027(compared to previous year) on: August 29, 2022, 02:59:30 PM
In my view, the Report also evaluates the general threat of rising inflation rates and how global inflation rates may impact both companies and other sectors.
As shown from the Statista.com Table, in 2022 the percentage of inflation shows a figure of 7.4% but this is good from the fact that inflation remains under control. In 2023, the inflation rate will increase sharply by 4.85% and then another 3.76% in 2024. This means that we can expect a gradual increase in inflation and therefore we should have started to prepare for it, moreover ordinary goods like food and gasoline have also increased little by little as mitigation.
769  Alternate cryptocurrencies / Altcoin Discussion / Re: Privacy coins on: August 24, 2022, 04:09:45 PM
It is difficult to predict the future of privacy coins. While some coins have great potential, it's hard to say which one will come out on top. because for the most part, privacy coins are really special products. If you are trying to keep your financial identity a secret, then this may be a worthwhile investment for you, but beyond that, it becomes more difficult to justify in the long run.

Of course, some people also want to use these coins only as an investment. But in that case, you have to make sure that you understand how each of these coins works and gains extensive knowledge of blockchain technology as you said above, it's about the level of reliability and security that the coin can offer.
770  Economy / Economics / Re: Consequences and effects of inflation | Financially and Mentally on: August 24, 2022, 04:01:10 PM
Of course, with a situation like this dominantly making people still deal with the effects of rising prices, even the smallest component like us also feels the impact of trying to slowly reduce the level of spending.

These are probably just a few minor tactics worth trying. I'm trying to develop some coping mechanisms such as scheduling food shopping, and eating at home more often because part of what makes inflation so annoying is that it destroys the value of the money we already have, and to actually live comfortably just got worse.
771  Economy / Economics / Re: Thought: how far can you go in a career without going against your principles on: August 24, 2022, 03:38:36 PM
A career must not sacrifice personal principles and it is worth it. If you don't believe in something, don't accept the job because of the important role it plays in your daily life. There are always other career paths to take that will benefit you and will not violate your personal beliefs. It goes deep into ethical standards if I'm not mistaken, but right now it's really hard to find all the jobs that make us happy, calm, and winning.
772  Economy / Economics / Re: Global famine on: August 24, 2022, 03:30:29 PM
However, the Global Recession is a very real threat. Both Famine and lack of food and water are major threats that we as a civilization face on this planet and it seems that very few are aware of these threats or deny the very real dangers. The three key questions we need to consider are together. Will there be food scarcity, Will this shortage lead to worldwide hunger And if famine does occur, how will we survive?

If possible prepare for the worst while hoping for the best for a period of 1-4 years later if it lasts for some time.
773  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: August 24, 2022, 03:08:11 PM
World economy




This is hard time for economy to survive what is your thinking about the collapsing of world economy with highing inflation.


Yes. If you think about it in the long term, you will see that the world economy is collapsing like the oil spill in the Middle East. things could be worse than imagined if the current low oil prices continue or fall even further in the next few months or a year.

The ongoing fighting in eastern Ukraine, together with the diplomatic sanctions that Russia faces from most western countries, could indeed seriously affect economic growth around the world. This however has negative and positive effects also on the economy. But new markets are opening up because other countries are taking over the work of Russia.
774  Economy / Economics / Re: Entrepreneurship and women on: August 22, 2022, 09:38:38 AM
I believe there will be more women entrepreneurs in the future but I am just worried that the reality of the situation is that most women entrepreneurs will never reach their breaking point and it is about how society treats them and vice versa.

I'm not sure if this is true or not. I think there are still a lot of stereotypes that keep women from being entrepreneurs, so it's hard to say if that will change much in the years to come. However, there are more educational opportunities for women despite the varied opportunities to enter and excel in the field.

We'll see what happens in the future and hopefully, more women can pursue their dreams.
775  Economy / Economics / Re: Tips to save my finances, to grow personal economy on: August 22, 2022, 09:25:16 AM

simple life but still fun.


I think this is How to manage money, how to plan for life, and how to become rich in the future without doing anything complicated to soften the day-to-day strain on your finances. An addition from me regarding the above, one of which is the implementation of time management methods is to set personal rules and develop them. Maybe it's not a rule, but a ban on shopping or buying things that are not important and trying to avoid credit in buying something.
776  Economy / Economics / Re: A Secret to financial breakthrough on: August 22, 2022, 09:12:58 AM
Some people blame their parent for being poor🥲
Some blame their bad and corrupt leaders🥲🥲
Some blame their country and the country's economy😢😢😢

👉🏾Never blame anyone or anything for being poor.
👉🏾Our parent may be poor, the economy may be bad and our leaders may be corrupt, these are factors that may not  be easily changed.
👉🏾Let's leave these factors and work on factors that can easily be changed, which is OURSELF

Our power to be rich lies in our hands✋🏿✋🏿✋🏿. Let's wake up, get right information, invest in visible and reliable projects, make money and still make more money.....

This may Sound Motivational, As far as I know, Nothing is perfect when it comes to money management. Money makes the world go round. That's why it's important to ensure that we stay up-to-date with what's happening in the financial world on an ongoing basis. Knowing this information, we can take advantage of opportunities and avoid potentially dangerous situations. With this in mind, we know where to start.
777  Economy / Economics / Re: Anyone here from Germany? What exactly are your electricity costs? on: August 22, 2022, 09:04:01 AM
I am not from germany regarding expensive electricity which is not surprising, considering that Germany is a developed country with high taxes and living costs. As far as I know that on a macro scale, historically, Europe has simply lacked the energy flowing through Eastern Europe. But it seems fair to say that German electricity is relatively expensive compared to the US.
778  Economy / Economics / Re: Who will Replace Russian Gas Supplies to Europe? on: August 22, 2022, 08:56:08 AM

Who will replace Russia?


The Russian Federation has been the main supplier of natural gas to Europe for decades. The gas pipeline network that crosses the continent is huge and connects Russia with almost all European countries. The EU is too dependent on Russian gas supplies. It is therefore forced to negotiate while the Russian Federation holds all the cards wanting to gain more political influence in Ukraine and other countries.

It seems To replace Russia's gas supply will be a big challenge because it takes a lot of time and a lot of resources. Several countries have made efforts to push for a new era of clean energy so that they can not only supply energy but also export this source to other countries and it looks like Qatar and Africa are not expected to be a responsive alternative to Russia's gas supply but it will be interesting to see how they do. all deal with it if the situation arises and it would be better to keep a close watch on the trend.
779  Economy / Economics / Re: Russia More Than Triples Current-Account Surplus to $167 Billion on: August 18, 2022, 04:32:49 AM
It seems, despite the image that some media may give us, that Russia is not doing badly financially.

It is not surprising to read that Russia is profiting from this situation.


When we put it in perspective, Russia is in a very good financial position. It has more than enough cash to withstand any sanctions the European Union throws at them. This doesn't even take into account the large amount of money that Russia is taking in from oil exports, which the E.U. may have to look elsewhere for if they want to get their oil fixed.

The United States might have some influence over this outcome, however, as it could potentially use its dominance of the oil trade to prevent other nations from buying oil from Russia. All things considered, Russia is doing fine. Sanctions have failed economically and politically. There are great opportunities for both Europe and the US in working with Russia if I am not mistaken.
780  Economy / Economics / Re: Why aren't people utilising cryptocurrency payment methods? on: August 18, 2022, 04:25:55 AM
For me, crypto cards are the most attractive feature of crypto. They offer their excellent features, no matter where you are in the world and no matter how much money you have in your account. You don't have to be a tech geek, not buy coins or mine them, and all transactions are private of course, there is some risk that you could lose value over time but overall there are more advantages than disadvantages. So, to answer your question: why don't people use cryptocurrency payment methods?

Well, it could be that the price of Bitcoin makes people feel the currency is not safe. After all, there are a lot of fluctuations and corrections in markets at this moment. It could also be because people don't want to learn it. People have different motivations for learning and not learning. Most obviously, people who are not interested in cryptocurrencies will not use them. There are many reasons why we don't do something, but I think it's safe to say that many don't know it or don't want to take the time to learn more and use it.
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