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821  Economy / Economics / Re: These are the top 100 brands by value in 2023 on: January 04, 2024, 11:11:37 PM
Seems like it should feature more brands then just western names, theres a couple in there but I cant help but think I should expect the time when the entire top ten is (for me) foreign words and/or brands I dont use directly.   India is about to overtake China in numbers of people, its the worlds largest democracy and so will have growth in a different way possibly in a larger way then China.   India currently does lots of work for others with their best workers going to Microsoft etc., I just wonder what occurs if India works for India and their best workers represent Indian companies.  I've owned stock of a few Indian companies but not that many truly massive ones, they are around and its easy to be a large company when you are part of such a large nation I just hope they invent lots of useful efficient things because that helps everyone in the global economy eventually, at present it is too western orientated for historical reasons imo,
822  Economy / Speculation / Re: 112 days waiting for bitcoin halving!! on: January 04, 2024, 12:08:45 AM
Elections years would correlate to bullish movements because the chances of a hard monetary policy is less likely in a year the population is asked on their hard opinions of political outcomes such as management of the economy.   Its well known that a recession equates to a loss of power for whoever is in office at that moment, generally a sitting president can rely on reelection if they have kept their head above water in terms of people losing their jobs etc.  The inflation situation was the biggest threat, it appears to have receded but the reasons for its occurrence have not and I expect further trouble ahead.
  Myself personally I think we are a little too optimistic in combination with the ETF news.   People are saying well it has to be bullish but this isnt how markets work, buy the rumor sell the news is the dynamic and all that can happen in that ETF news is it arrives and you have in effect a sell event at least short term.   Halvening might be 3rd event behind all these other factors.
823  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: January 03, 2024, 07:12:15 PM
Tab Betting but the bets of crypto prices are not available yet.

I think we'll reach 50K$ by March.

Could do both, sharp rise & BTC bonks its head on some ceiling and falls down to say 40k.    I try not to forget BTC can be very volatile, sometimes it drifts but its true nature is erratic action.   My larger reference for that would be the Dollar itself, a quick check once again we hit the 100 mark on DXY and its risen from that point strongly.  2% rise in a few days when we're talking trillions is like a wheelie performed by an oil tanker so thats a door slam for BTC getting an easy path upwards for the moment at least.
   I'd rather bet on downwards objectives (Jan end) ideally unexpected with good odds for that outcome.  I'm generally bullish in a developing kind of way though, just my view is the long and winding cliff top road.
824  Economy / Speculation / Re: BTC Sentiment Poll for January on: January 02, 2024, 04:59:48 PM
I thought 40k area would be the ceiling, it was barely a speedbump.  The pullback to that area was bullish I guess though I think all of this action is quite brief not high volume which is to say i think we can revisit and establish more volume in this area in future.
   For now BTC target is 49.3k which is alot of the weekly top prices for 2021, thats a nice area to revisit we are back to full health surely.
825  Economy / Speculation / Re: 112 days waiting for bitcoin halving!! on: January 01, 2024, 11:58:40 PM
Good start to the year, gaining 4% in the very first day and most importantly threatening to break the recent holding pattern to the upside.  Would be nice to see a whole first quarter year be full of gains before halvening I just never imagine such a simple nice outcome occurring unimpeded.
   Im hoping 2025 is even bigger then 2024 but I dont mind we move from this monent on not requiring any further time.  Alot of this positive push might be linked to the ETF not sure, so I can only really be sure of the underlying more important move after we get past ETF whether its passed or not the event confirming will put us into the next stage.
826  Other / Archival / Re: Generational wealth on: January 01, 2024, 05:49:41 PM
Patents run out even if you invent something amazing the process to keep making new products is continual.  Basically you need to own a business with an ongoing interest, the most obvious would be to be a chemist a retailer and land owner in your local community.  That business could be passed onto the next generation hence be a long term wealth in your family but you need to qualify to be a chemist to do that so you rely on the children or next generation being capable of doing so.    Or you could just choose the right stock to own and it performs well, long term some have done well.
827  Economy / Gambling discussion / Re: Connecting to Public Wifi on: January 01, 2024, 05:29:13 PM
VPN protects against some of those things, Im surprised it was possible to connect to gamble via a shared IP.  Normally they restrict all kinds of sites that would be considered 18+ like a gambling site is included in that broad category.   As said its not too safe to use a public computer or a publicly shared connection, for alot of things its ok but if you gamble with a large balance its something I would avoid also just in case.   Keyloggers are sometimes installed on public computers and that kind of thing is something that has to be considered, dont use any big balance account is probably for the best as a precaution.
828  Economy / Economics / Re: Is Ithiopia bankrupted? on: January 01, 2024, 05:16:46 PM
Greece had the same problem but was able to negotiate with its debt holders to come to some agreement where payments would continue to be made.  An ongoing agreement can be superior and in the interests of the creditors over calling a straight bankruptcy.  Its quite hard to take the assets backing the debt and not the preference of most bond traders, thats why the price goes so negative and often does not reflect value properly.  I imagine the country will attempt to navigate repayment before it admits any default as it is very damaging for years after to finance business interests in the country.
829  Economy / Speculation / Re: Is Bitcoin Bear Market over? on: January 01, 2024, 04:57:36 PM
Supposedly the bear market is when we decline 20% or more but since BTC is more volatile then that, you have to include wider ranges of error in estimation.  I think obviously we did out run the bear market, the inverse question is the bull market and how long this can last when do we know its over.   Unfortunately its more obvious in retrospect then prospective price action.
   The best clue is a set of rising lows over a month or more then shows hidden strength or the mirror of that at the top should be a warning sign.
830  Economy / Gambling discussion / Re: Online or offline gambling which is more safer? on: December 31, 2023, 11:51:39 PM
Safer betting would be something considered over time, live betting has to be taken as more risky because you must decide in a moment far more.  Some people just enjoy the live action far more then anything slower and more drawn out, I think the bet you can place on a game especially sports betting is the best value betting there is.     I would recommend just sticking to what is your account beforehand from what you decided you would spend for that week for example, same time you pay the bills you have something left to put on the betting account.  If dividing everything up equally in that way then the decision is yours either way just stick to that budget dont alter for factors on the day of playing you will be ok.
831  Economy / Economics / Re: 2024 & Prediction of World War III - Effect on Cryptocurrencies on: December 31, 2023, 11:39:55 PM
People jump to a world war a bit too much as if its inevitable or the next in the series of sequels much anticipated like a movie franchise or something.    Wars can be quite bad enough without involving every continent of the world in throwing explosives at each other.   Just predicting a war within a region is a bad enough occurrence, the most obvious one recently was a new war in Europe thats a bad enough prospect because a million can easily die even if only 3 countries were involved.  
  The middle east conflict around Israel seems to be a continual loop across generations on and off active or in a cold war type scenario since ww2 almost.  For as long as I can remember it was just civilians being shot both sides, so more like a civil war is how I class that as civil war is said to be the worst in that consideration.


First way to notice elevated levels of war is all the war stocks and companies start to do very well in the constant expenditure by countries on military budgets.   Doesn't have to be active participants just countries and armies nearby building up defenses is many billions and trillions spent that could have been used to keep people alive instead.    Crypto is included in war games when conducted by the defense ministry I believe all questions around banking and any possible attack on a country or their economy is considered so crypto is in that picture.
832  Economy / Gambling discussion / Re: Do you guys believe in other people luck and try to copy them? on: December 31, 2023, 11:05:19 PM
The odds on copying long shot sports bets has to still be better then a normal lottery ticket entry where its all completely blind.   People discount the extreme outcomes in sports till where its considered impossible where as a lottery its always a long shot and is calculated that way but people like to say well it can still happen but thats also true of the sports bet and if anything I count it as more likely to occur due to human errors in perception of teams etc.
833  Economy / Speculation / The Wisdom of Crowds on: December 31, 2023, 09:52:11 PM
Ideally I dont want the (collective) poll answers posted on the thread as public before people decide for themselves.   There is potential bias in every Poll question or any survey of views, obviously its common for people to want to agree; its true anyway the market will reinforce a trend.    

I haven't yet decided for the whole of 2024, I do think the longer term trends are good.  200 week is really hard to turn around and we were submerged for some time which is very negative comparatively.  Not often we have fallen that negative in the past, it might have been the longest duration for some time I forget.   Generally Im positive but way more moderate then most I reckon, when we have no bears at all its time to be a bit apprehensive I figure hence poll might be useful in that way.
  

Poll is open till nearly end January no rush especially.
834  Other / Off-topic / Re: Do you gamble because you don't have sufficient money? on: December 31, 2023, 06:29:07 PM
The money making part is quite delusional, Im not sure that goes with being poor and suddenly gambling is attractive due to lack of money.   More likely to have no money from spending it on things not especially required or productive so I'll include the very obvious drinking and smoking but buying into games you dont really need would also be where the money goes hence do all three you will spend alot of money not have alot left.
   If we could say the opposite drinking makes you earn more money, smoking also highly productive or gambling always gets you a win then great but everything you do outside of work generally costs you then you must earn it back.  Of all three I think drinking might be the worst as it can prevent you working, smoking I know plenty who smoke while they work which at least pays for itself and gambling is neutral you can do both if you put on a bet and then go work so in conclusion just drink less Smiley
835  Economy / Speculation / Re: Fear of December dump is fading away - for Bitcoin on: December 31, 2023, 03:25:35 PM
Not at all a dump but a slump to end December.    We've traded under the 8 day moving average for the last week now, not a holiday boom or any special sell either but I wonder if that indicates anything for the opening to January and resumption of proper trade then.   Jan 1st week is a bump back into full trading but perhaps the 2nd week if we do not recover this positive momentum above a weekly average I will start to become more worried.
   Ironically we spent more days under a weekly average then above but December is definitely positive thanks to how positively it started the month.   We'd have to lose 40k to really say December was negated in any way, mostly I would say it was drifting along after such good gains previous.
836  Economy / Speculation / Re: Can anyone be a Bitcoin speculation expert? on: December 30, 2023, 10:44:23 PM
Expert is debatable in any subject but anyone at all can speculate, I relate that to saying you are an economist.  Anyone can say that much and talk about the economy, marketplace the interplay of goods import export vs currency all those things are in contact with a normal citizen but at a ground level.  No reason not to comment but no one can really declare themselves an expert, I think its a title awarded by others if anything.
837  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: December 30, 2023, 08:13:47 PM
There is somebody tracking all the maths behind it all but its a simple take that price alone is for short term speculators.  This is the harder road to walk, if you want profit in weeks or months even then you must get past the spread cost and risk to expecting a rise.  Longer term like a fair few assets does work out better comparatively , mostly you are required to just be right on one main thing which is that you remain a regular long term user/player over years then it works out as a fair hold with a utility to the token.   If I didnt use the site then I just dont have the effort or time left to be guessing prices, years ago I did but mostly I just hold now; I have some ETH besides BTC, bit of LTC and a couple of POS interests.
838  Economy / Economics / Re: choose an option on: December 30, 2023, 04:50:13 PM
so 5k today only buys $4003 amount of goods at 2015 prices


Inflation is an uneven thing to measure, no doubt some things are cheaper now not more expensive.   The statistics accounts for improvement a bit like an insurance process might in replacement, I think its called hedonics.    Anyhow I dont disagree on referring to figures as it helps removes bias, my view of inflation will vary from you or anyone depends how we spend our money etc.
Quote
 I'll post the figures but inflation in 8 years from mid seventies to mid eighties worked to roughly half the value of money at that time.   People suffered greatly from what I've heard, our oldest living President but also a 1 term president is largely for that reason of poverty in the population that might elect him they chose not to a 2nd time.
    So the rule stands today, in great strife 1 term president becomes precedent :p   Trump had the pandemic regardless of what else you think of him, to be put out of office was quite normal.    Can we say the same for Biden I would guess not exactly but inflation is an ongoing threat imo re OP proposition.

https://www.investopedia.com/terms/h/hedonic-regression.asp
839  Economy / Gambling discussion / Re: Is there any fun in losing while gambling on: December 29, 2023, 11:56:33 PM
Some games have awesome music and graphical design to their makeup that can make playing enjoyable either way.  Nobody prefer to lose but with a new game at least and one you especially like it could still be fun regardless of the profit situation to the actual gameplay.  Ultimately its advised to never play just for money so it makes sense some are having fun even if losing, as always I would say bet less when losing if you can at all I'd argue people know roughly when they have a better chance of winning or not.  Never bet big while drinking imo.
840  Economy / Economics / Re: choose an option on: December 29, 2023, 11:13:14 PM
Ultimately one main deterrent exists to long term dollar in that the value is totally sure to decline and so you do not want to expose yourself in that way.  Your pension is already due to arrive in greatly reduced dollars by the time you spend it, don't duplicate or increase your liabilities in any way a plain citizen is already exposed to.   Some people with alot of assets but also debt can say they are hedged vs dollars losses but this doesnt apply to most of us .

(8 years)  of inflation at 10% is a ton of value lost in those dollars received.  It would reduce the per month amount of 5000 to 2152 dollars after 8 years of value lost.
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