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861  Bitcoin / Press / Re: [2022-10-19] Europe to ban crypto mining this winter on: November 20, 2022, 09:14:50 AM
One of the by products of Bitcoin and Crypto mining is heat...

One of my friends in Europe are mining Alt coins with his GPU mining rig and the excess heat is used to heat his house. I know ASICS are not generating as much heat, but GPUs are running quite hot.... when you have a bunch of them.

What is the difference between a gamer that are running a massive gaming rig and a smaller Crypto miner running a GPU rig to mine Alt coins? (At least the heat from the mining rig are being used for something and it's paying for other expenses)  Roll Eyes

Will they ban Gamers too, because they are using the same GPU's.
The thing is that in general, states do not need cryptocurrency. In difficult periods that their economy is going through, they cannot fully regulate financial flows within their country due to the spread of cryptocurrency, because cryptocurrency knows no borders and is difficult to regulate. In Europe, there are now problems with energy due to Russia's military aggression against Ukraine and the sanctions imposed in response to Russia. Therefore, it is not a problem for states to choose whether to restrict cryptocurrency mining, or any other activity of their citizens, when deciding whether to take measures to reduce energy consumption. The choice will always fall on cryptocurrency.
862  Economy / Economics / Re: Russia To Legalize Use Of Cryptocurrency In International Trade on: November 18, 2022, 07:29:46 PM
Too much noise for no reason when it comes to Russia - because their legalization of what they call "cryptocurrencies" is taking much longer than it has been for the past few months. In the end, it all came down to a bunch of unverified information and recycling of old news.

The war unleashed by Russia in Ukraine and harsh international sanctions have led Russia to isolation and a sharp decline in the economy. Under these conditions, it is expected that the government of Russia will prohibit the export of capital from the country, which means there will be bans on cryptocurrencies.

On November 17 of this year, a rather controversial bill on mining was submitted to the State Duma of the Russian Federation. He proposes "regulation" of cryptocurrency mining activities, and in fact - its ban on the territory of the country. "The circulation of cryptocurrency will be prohibited by law," said Anatoly Aksakov, chairman of the Russian State Duma committee on the financial market. The Russian parliamentarian added that the bill on mining, introduced on November 17, provides for a complete ban on the circulation of cryptocurrency.

Thus, according to the scandalous bill, the digital currency obtained as a result of mining will henceforth be subject to "realization without the use of the Russian information infrastructure." Exceptions are provided only for "transactions under the experimental legal regime", that is, which are carried out only by the authorities of the Russian Federation.

Now we can say for sure: the leadership of the aggressor state has declared a real war on cryptocurrency. One of the few remaining opportunities to conduct full-fledged financial transactions in Russia is now "fixed".
863  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: November 18, 2022, 12:24:51 PM
Today it was confirmed that the United States is actually avoiding entering into a direct confrontation with Russia.
Recently US literary deployed US military servicemen into Ukraine claiming that they are deployed there to investigate the donated weapons that Ukraine corrupt politicians keep selling on the black market. So they may say in the media that they don't want "direct confrontation" but on the ground and in reality they are in direct confrontation with Russia at this point.
A direct confrontation between Russia and NATO will be when the regular army of the alliance enters the territory of Ukraine or NATO attacks Russian troops from its own or neutral territory. For the time being, NATO is indeed evading a direct confrontation to the extent possible, which was shown by the events of November 15, when two missiles fell in Przevodovo in Poland. But this fact greatly alarmed the elite and the power bloc in Russia itself. They were so worried about a possible war with NATO that they were even going to remove Putin and shift all responsibility for the war in Ukraine onto him.

At some point, the decision was almost ripe. The siloviki decided that if the United States and NATO countries were ready for a powerful response, then there would be only one way out: removing Putin from power. As a result, a collegial council of law enforcement agencies will be created, which will take control of the state into its own hands for a certain time. As planned, this was supposed to reduce the degree of tension of NATO and the United States, and as an excuse one could present either the decisions of a sick person, or the criminal laws of the leader of the Russian Federation. When in Russia they saw a weak reaction to the shelling of Poland, tensions began to subside. Until the next similar event...
864  Economy / Economics / Re: Nations should impose special taxes on oil firms: UN Secretary General on: November 17, 2022, 12:35:50 PM
Sudden change in the tax policy simply because few companies managed to earn more than their previous year is fair? And do you think increasing the tax for the four companies will be benefitable for the other people who is in need? If that much fund needed in reality then why not reduce the fund allocation for their defense an give a small percentage to the people who is in need! Roll Eyes
Oil companies really should be taxed so heavily that this industry gradually declines, and the consumption of oil and petroleum products decreases. Mankind, finally, needs to take care of its survival in a global sense and stop poisoning the environment and changing the climate. We need to switch to alternative sources of electricity and make them cheaper and more efficient. Only with such a position will we still have a chance for survival. But this requires a clear strategy of action.
865  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: November 17, 2022, 07:33:11 AM

Russia made a statement that none of their air-strikes were located within 35 miles from the Poland border. It has been confirmed already that the missile was fired by the Ukrainian armed forces. NATO still wanted to blame Russia, by issuing a weird statement that although Ukraine had fired the missile, Russia was responsible for it. It is sad that two precious human lives were lost. Hopefully with the winter season starting soon, the fighting will come to a pause and a ceasefire agreement can be reached before the conflict resumes.
It is not worth taking into account the words of the representatives of Russia. There, the lie has completely turned into an instrument of domestic and foreign policy. On the question of whose rocket did fall on the territory of Poland, Ukraine insists on an objective investigation and admission of its representatives to the explosion site. According to Zelensky, an air defense missile could not leave a crater with a radius of 20 meters and a depth of 5 meters, as in this case. Also, even one type of missile differs in appearance and you can accurately determine whether it is used for ground strikes or as air defense. Such missiles are not produced in Ukraine. They may remain from the times of the USSR and therefore they will be marked "Made in the USSR", and in Russia, if it was produced after 1991 - "Made in Russia".
Many countries have stated that the responsibility for the missile explosion in Przevodovo lies with Russia in any case. After all, it was she who unleashed this bloody war. If there had been no Russian aggression, then the rockets in Poland would not have exploded.
There is nothing to even hope that with the onset of winter time, the Armed Forces of Ukraine will suspend hostilities. This will not happen until the last Russian occupier leaves the territory of Ukraine within its generally recognized borders. The suspension of hostilities now will be beneficial only to Russia, which is in dire need of it to regroup its troops and prepare new attacks. Ukraine will not give Putin such a chance.
866  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: November 16, 2022, 06:01:01 PM
The media had just announced that the US State Department had just announced that Russian missiles had reached Poland and killed two people. Estonia announced its support for Poland and expressed its concern about the dangerous escalation by Russia. The Estonian Foreign Ministry also announced its readiness to defend every inch of NATO territory.
All intelligence indicates that Russia's next target is Poland, but I didn't expect it to happen so quickly.
The situation with the fall of two rockets in Przevodov in the Grubeshevsky district of Poland, which is ten kilometers from the border with Ukraine, as a result of which a farm was destroyed and two men were killed, is still controversial in the sense that there is no unambiguous answer to the question of whether these were Russian missiles, or Ukrainian ones, with which Ukraine shot down these attacking Russian missiles.

On November 15, Russia launched a massive missile attack on Ukrainian territory, firing some 97 cruise missiles at Ukrainian cities. Of these, 73 missiles were shot down by Ukrainian air defense. However, as a result of Russian strikes, more than 15 energy infrastructure facilities on the territory of Ukraine were damaged. Millions of Ukrainians were left without electricity.
In Poland, they say that, judging by the discovered remains of the rocket, it is Russian-made. But the United States has already stated that, according to their preliminary estimates, the missile that fell in Poland belongs to the Ukrainian air defense. According to President Joe Biden, this is evidenced by the trajectory of the missiles. It appears that the US is trying to avoid a direct military confrontation between NATO and Russia.
867  Other / Politics & Society / Re: Will Russia Emerge As The Next Dominant Superpower on: November 15, 2022, 12:26:13 PM
If we arbitrarily take the confirmed losses of Russian troops only as dead (excluding the wounded, who are several times more), then according to the official statistics of the Armed Forces of Ukraine, they are

In warfare, usually there will be 4-5 times injured soldiers when compared to those who are killed. If Russia lost 80,000 soldiers, then there should be 320,000 to 400,000 injured soldiers. This is not possible since they just had 160,000 on ground (200,000 if you add up DNR/LNR troops and PMC Wagner). And moreover, if they had suffered this many casualties, then it would be just impossible for them to counter the Ukrainian army across the frontline, which stretches for more than 1,000 km (Ukrainian strength as of now is more than 1 million).
If you do not believe the data of the Armed Forces of Ukraine, then let's turn to the summary of the Russian Ministry of Defense. The last time such a report was served on Putin's desk was on November 13. It stated that the irretrievable losses of the personnel army of Russia (killed and missing) amount to 81,542 people, the losses of PMCs - 24,723 people, the losses of the Russian Guard - 5384 people. Thus, the total number of Russian losses in the war on the territory of Ukraine as of November 13 was 111,649 people.
 The number of wounded is probably several times higher. Therefore, in order to contain the front, Russia urgently needed mobilization. The cadre army of Russia is practically destroyed in Ukraine.
868  Alternate cryptocurrencies / Altcoin Discussion / Re: bull started? on: November 12, 2022, 07:21:39 PM
It could be that the bull has started as we're already in November, the month I believe favours Bitcoin. I won't be expecting anything contrary to a bullish movement from Bitcoin this month. As it's now, price is resting on weekly support around $19,500 and I sincerely hope it doesn't break it so we can see it reaching for the $24k region where there's a strong resistance. If anyone must short Bitcoin now, they should be very careful doing that. Otherwise, it's better to wait and aim for long.
Now, on the contrary, we are seeing another very significant drop in the prices of almost all cryptocurrencies in this market. Bitcoin dropped to $16,872, and other cryptocurrencies fell accordingly. I would like to believe that this is the price bottom of this bearish period. A bullish period is not even in sight yet. Despite high inflation in almost all countries, cryptocurrency has not yet become a safe haven for people from such fiat inflation. Perhaps this is explained by the fact that most people simply do not have free money after a three-year coronavirus pandemic.
869  Other / Politics & Society / Re: Will Russia Emerge As The Next Dominant Superpower on: November 11, 2022, 02:49:29 PM


Recently, Russia has focused on attacks in only one place in Ukraine - near Bakhmut, and suffered enormous losses in manpower and equipment there. Every day, Russia is now losing 400 to 900 of its troops, which is about ten times less than the losses of Ukrainian troops. Therefore, Putin and his entourage are feverishly looking for ways to end the war in Ukraine, but at least somehow preserve their reputation. It is unlikely that they will succeed.

Where did you get this information? I've never heard of it and don't believe it either. Like everyone says, in today's world whoever holds the media is the winner, they are brainwashing us and we don't even know it. I do not support war because it causes pain not only for the countries involved in the war, but also for the whole world. But this war cannot not happen, cannot let the US government and their minions bully others or do whatever they think is right. Let's see who benefits the most in this battle and you'll understand, I won't argue who has the upper hand in the fight, let's wait until the final result.

Russia losing 900 troops per day is not even possible. They only have around 160,000 regular troops in Ukraine and on top of that there maybe another 40,000 allied troops. Losing close to a thousand soldiers every day should force them to stop their campaign in a month or so. And only around 20% of the reserve troops who have been recently called up have reached Ukraine. The remainder (80%) are still in Russia, going through various training programs. If the Russians were that desperate, they would immediately shift these troops to Ukraine.
If we arbitrarily take the confirmed losses of Russian troops only as dead (excluding the wounded, who are several times more), then according to the official statistics of the Armed Forces of Ukraine, they are:
     - October 29 total 70 250 per day 550,
     - 30 October          71 200               950,
     - 31 October          71 820               620,
     - 01 November      72 470               650,
     - 02 November      73 270               800,
     - 03 November      74 000               730,
     - 04 November      74 840               840,
     - 05 November      75 440               600,
     - 06 November      75 930               490,
     - 07 November      76 460               530,
     - 08 November      77 110               650,
     - 09 November      77 950               840,
     - 10 November      78 690               740,
     - 11 November      79 400               710.
These figures are approximate, but in reality the losses can be much higher. Especially now, when the Russians are chaotically retreating in the Kherson region to the left bank of the Dnieper. At first, the invaders for some reason believed that their leadership had agreed with the Armed Forces of Ukraine on an unhindered withdrawal. But after the retreating columns of the Russian Armed Forces were hit with precision weapons, the retreat turned into a stampede to the few remnants of the crossings across the Dnieper. Big traffic jams have formed there, since the Russians themselves have recently destroyed all the watercraft, fearing that the Armed Forces of Ukraine would  cross this river right after them. Now about 20,000 Russian invaders have gathered there, fighting for any opportunity to cross to the other side of the Dnieper.This is a very good goal for the Armed Forces of Ukraine. They will either be killed or forced to surrender. Also, the Armed Forces of Ukraine capture a lot of captured equipment. By the way, since the beginning of the full-scale invasion, the Armed Forces of Ukraine have already captured 500 tanks in the Russian troops. Now this number will increase sharply, since the occupiers will simply not be able to transport all the equipment across the Dnieper.

There will be no mercy for them, because retreating, they mined and blew up civilian critical infrastructure, massively robbed and removed equipment from medical and other institutions, museums, as a result of which Kherson, which now includes Ukrainian troops, was left without electricity, water and gas. The invaders forcibly deported part of the population of the Kherson region, including medical workers.
870  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: November 10, 2022, 09:16:18 AM
Meanwhile, Ukraine predictably again receives big victories on the battlefield in the fight against the Russian invaders of its territory.

On November 9, information appeared that the invaders were leaving Kherson, the only regional center of Ukraine, which was occupied in the first days of the large-scale invasion of Russian troops in February this year, as well as the entire left-bank part of Ukraine. The head of the Russian Defense Ministry, Sergei Shoigu, gave the order to begin the withdrawal of Russian troops across the Dnieper River. Before his statement, Shoigu heard a report from the commander of the grouping of Russian troops, Sergei Surovikin. The general said that "Kherson and nearby settlements cannot be provided and function. The defense will be organized by the left bank of the Dnieper."

The occupiers are retreating, trying to maintain defense, randomly blowing up bridges to weaken the onslaught of the Armed Forces of Ukraine, but since huge masses of troops are retreating (according to various estimates, there are from 30 to 50 thousand Russian troops in Kherson alone), and there are few evacuation points across the Dnieper River, chaos and panic is very likely, and Ukraine will use this opportunity to inflict significant losses on the enemy with the inevitable accumulation of troops and equipment at broken crossings. The Russian troops do not have a stable multi-channel communication and control, the telephone connection in Kherson has been destroyed. Therefore, columns of troops will inevitably be concentrated in the places of crossings in anticipation of the queue. Attacks on these places will lead to panic and the abandonment of a large amount of military equipment.

Another big victory for Ukraine is planned, which has been preparing since July, when the Armed Forces of Ukraine began to cut off Russian troops from their supply routes with fuel, ammunition and even food with pinpoint strikes on bridges across the Dnieper. But Putin for a long time did not give the order to retreat, so as not to lose his reputation within the Russian Federation, which led to numerous losses of Russians - up to a thousand invaders daily.
871  Economy / Economics / Re: How much longer until paper money is no longer in circulation? on: November 10, 2022, 08:33:55 AM
I think there’s no question that eventually we will all move away from metal and paper money, but as for why this move is made or what’s all involved, not sure. I think eventually, whether it is including bitcoin or cryptocurrencies or not, we are likely to use something like our finger or eye ball scans that will then link to our bank accounts/credit cards/cryptocurrency etc.  Or something like this, but I think it’ll be at least another hundred years until something like this comes to fruition.
CBDC only improve the efficiency of the government's non-cash payments and nothing more. Non-cash payments have previously been along with the circulation of paper money, so the emergence of CBDC does not introduce anything into the financial structure that would force states to abandon paper money. Paper money performs its useful functions in society and the state. In addition, a significant part of people will not want or be able to use bank cards or other types of non-cash money. Therefore, paper money, as the simplest and most convenient method of payment, especially for small household transactions, should continue to be preserved. You should always remember that high technologies are very vulnerable to various catastrophes and cataclysms, so it makes no sense to abandon the old simple ways of paying for goods and services.
872  Alternate cryptocurrencies / Altcoin Discussion / Re: Is the bear market over? on: November 09, 2022, 07:28:22 AM
And another decline.
We could say it's not over just yet. Someone or some group played it well, making money out of pumping the market short term and then selling back in a couple of days while the optimistic point of view is still on from the pump two days ago.
It's painful to look at coinmarketcap now with all the blood spread in most of the altcoins, even the top 20 was hit hard with the sudden drop.
I guess we will just have to wait for the real bull to come. Expecting to not happen by the end of the year.
Indeed, if earlier we could see some price rise, which kept at this level for a certain time, now the prices have again fallen decently. So, over the past day, bitcoin has fallen in price by 7.2 percent and its price is already less than $20,000, namely $18,319. If ethereum has recently been above $1,500, then its price has fallen by 12 percent in a day and now stands at $1,293. The same can be observed with the rest of the cryptocurrency. Therefore, we do not yet see the end of the bearish period.
873  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: November 09, 2022, 07:03:12 AM

Those guys creating such propaganda should really keep a record of them to avoid embarrassment like this. The Iranian made drones, such as Shahed-136 are 100% domestically built from its engine down to its electronic parts. Not even a single pin is made outside of Iran.
This fall, Russia is using at least two types of Iranian unmanned aerial vehicles in Ukraine – Shahed-136 kamikaze drones and Mohajer-6 multi-purpose UAVs.

Ukrainian intelligence estimates that the Iranian combat drone contains components from nearly 30 different technology companies based in North America, the EU, Japan, Taiwan and China.

In particular, in the module that aims the Mohajer-6 missile, a programmable Artix-7 chip from Xilinx, the parent structure of which is the transnational semiconductor company Advanced Micro Devices (AMD), headquartered in California, was found.

The role of the FPV camera, which allows you to control the flight of the Iranian drone in real time, is performed by the products of RunCam Technology Co from Hong Kong. The drone also has an Austrian engine and a Japanese camera. The laser rangefinder is made in China. Air bomb - Iranian production. But no Russian elements were found on the Iranian drones.

In addition, contrary to Iran's latest claims that the drones were sold to Russia before its full-scale invasion of Ukraine is refuted by the fact that Iranian drone parts were manufactured after such an invasion. So, it was found that the propeller of the Mohajer-6 drone was manufactured in February of this year. It's just done. And it also took time to deliver it to the Russian Federation.
874  Bitcoin / Press / Re: [2022-10-21] Global Recession May Last Until Near 2024 Bitcoin Halving-Elon Musk on: November 08, 2022, 05:28:07 PM
@NeuroticFish. It appears that you have misunderstood. It is realistic that yes, there will be a global recession. Biased or not, we know this already. However, I also say that it is also an optimistic prediction because Elon was thinking that it might only last until near 2024. Similar to your reply, I also speculate that it might last longer than this.
This is the opinion of Elon Musk alone, and he is not a great specialist in cryptocurrency. But we already see that all the economies of the states are very weakened by the coronavirus pandemic, which does not want to retreat even a few years after its appearance. And then there's Russia unleashed in the center of Europe the most destructive and bloody war, which has not been since the Second World War. This war has long gone beyond the boundaries of only two states participating in it. More than 50 states voluntarily agreed to further restrict their economies by participating in economic sanctions against the aggressor country. The situation is very complicated and therefore the economic recession in the world can be observed for more than one year.
At the same time, we know that cryptocurrencies very often present us with unexpected price surprises. Therefore, there is no need to despair. The cryptocurrency market can go up and start to recover any day.
875  Other / Politics & Society / Re: Will Russia Emerge As The Next Dominant Superpower on: November 08, 2022, 03:02:14 PM

To be fair, Russia cannot be considered a great power because Russia is not a country whose economy affects the world but militarily they deserve to be the country with the best army in the world. They are an important balance to balance the world order, without Russia and China, the US would have dominated the entire world. Like the US is doing with the EU, everything is manipulated by the US from economic to military.
The EU region, which includes Germany, Britain and France, was once considered giant, even larger than the US before World War II. But because they follow the American leadership, everything they do is managed by the US and completely dependent on the US.
Russia was previously really considered one of the strongest militarily and the export of weapons was one of the main sources of budget revenue. But that was before the full-scale invasion of Russian troops into Ukraine. Now all experts agree that Russian samples are ineffective and lose to Western counterparts. Such conclusions can be drawn if we analyze the use of Russian weapons in the war and countering them with Western weapons. After this analysis, the purchase of Russian weapons can only be due to a noticeable difference in price, but the price of Russian weapons is slightly lower, and sometimes higher than similar Western designs.

In addition, due to sanctions and limited access to spare parts, technologies and materials, Russia is losing the ability to produce advanced weapons even for itself. And you can forget about selling for export in such a situation. It also calls into question even the ability of Russia to secure those contracts that were earlier and to repair military equipment that was sold earlier. This certainly does not make Russia a reliable supplier.

Under these conditions, Russia is not only unable to compete with Western counterparts, but is also unable to develop and create new models of modern weapons. This means that Russia is losing the race and is automatically excluded from the group of leaders selling high-tech and effective weapons. All of the above discards the Russian Federation as a supplier to the group of consumer goods and dealers in standard weapons.

The beautiful legend about Russia as a manufacturer of highly effective and high-tech weapons burst like a soap bubble, just like the myth of the "second army of the world." And this is clearly not the last debunked myth about the greatness of Russia, which we will see. Russia turned out to be a colossus with feet of clay, with missed opportunities, wasted time and a budget plundered by Putin. The fall of this colossus is now only a matter of time. And the beginning of the process itself was laid by Putin's invasion of Ukraine.

Recently, Russia has focused on attacks in only one place in Ukraine - near Bakhmut, and suffered enormous losses in manpower and equipment there. Every day, Russia is now losing 400 to 900 of its troops, which is about ten times less than the losses of Ukrainian troops. Therefore, Putin and his entourage are feverishly looking for ways to end the war in Ukraine, but at least somehow preserve their reputation. It is unlikely that they will succeed.
876  Economy / Economics / Re: CBDCs Cannot Save Weak Currencies on: November 06, 2022, 09:28:09 AM
CBDC is not a fiat currency scam. CBDCs should significantly improve the efficiency of government cashless payments. It also cannot be said that the system of national currencies of each state is not viable. With the effective work of the government, its functioning of the currency of this state will also be effective. This system has been developed over centuries and millennia of human history. It should simply be remembered that nothing is perfect in our gross physical world. Cryptocurrency is also not perfect. We need to be able to use a specific payment system for each specific case.
877  Bitcoin / Press / Re: [2022-10-19] Europe to ban crypto mining this winter on: November 05, 2022, 07:07:24 PM
Government created problems, government created solutions.

If the free market could just do it's thing for energy, it would all get sorted. If the free market could determine who is willing to pay what for electricity, it would be allocated most efficiently this way.

Such an insane concept in today's world.
Saving electricity this winter by European countries is another of the consequences of the war unleashed by Russia on the territory of Ukraine and the refusal of Russian oil and gas supplies. However, this is a temporary measure. But for Russia, the negative effect will be much stronger, and most importantly, for a very long term. Therefore, it is quite possible that cryptocurrency mining in Europe will be banned for some time. The situation will return to normal and restrictions on cryptocurrencies will be lifted.
878  Economy / Economics / Re: Russian Gas ban - A problem for Europe or suicide for Russia? on: November 04, 2022, 08:48:46 PM

the devastating effect of Putin's assault on Ukraine has already been felt across the globe. But seems like putin is happy with his decision and he has no remorse over what has been going on around the globe.
Putin is just playing to the last as a bad clown on stage, still hoping for some kind of miracle and still trying to persuade Ukraine to negotiate on his own terms. But Russia's military defeat in Ukraine is only a matter of time.
 Throughout November, Ukraine is likely to defeat a large grouping of Russian troops in the Kherson region on the right bank of the Dnieper and liberate the only regional center - Kherson, which was occupied in the early days of the Russian invasion with virtually no fight. This will be a significant defeat for Russia and, above all, for Putin, after which the Armed Forces of Ukraine will be able to approach the Crimean peninsula to liberate it.

The fact that Europe will freeze without Russian gas is Putin's next horror story. Closer to spring it will be obvious.
879  Bitcoin / Bitcoin Discussion / Re: What will happen to crypto exchanges in the future? on: November 03, 2022, 07:57:31 PM
do not think there will be only a few cryptocurrency in the future.  It is impossible because the creation of new cryptocurrency won't cease to exist.

Why not let's consider it this way, the more they keep introducing new cryptocurrencies the more the old ones were been dumped and with time people will definitely know to understand the difference between altcoins and bitcoin, exchanges could have been in lost through this when customers no longer confide trust in the coins they promote, we have some exchanges as well that were no where to be found today but what i will advise is for all bitcoiners to learn to be decentralized, centralized exchanges are note a joke when it comes to being hacked, data leakage, or running down completely.
Now there are more than 21,000 different cryptocurrencies in the cryptocurrency market. But this does not mean at all that even half of them work in this market. Actually working, probably no more than 20 percent. Cryptocurrency continues to develop and the most worthy and useful ones will remain on the market. This process will continue for a long time.
As for crypto-exchanges, not only will they not disappear, but on the contrary, they will grow both quantitatively and qualitatively. If the cryptocurrency market develops, then crypto exchanges will also develop.
880  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: November 03, 2022, 01:02:21 PM
why is USA so eager to help Ukraine. Do they aim to destroy Russia only or do they really want to help Ukraine?

This is like a system that one want to control the world and no other country should measure up to it. This is what I think with the US and Russia fighting that it is looking like Russia and Ukraine. US helping Ukraine to bring down the army and strength of Russia. Few days ago the US was sending army around the boundaries of Ukraine to protect it against Russia. I think US is not only helping the Ukraine but protecting to reduce Russia strength to stand against them.
The United States saw that Putin was preparing to attack Ukraine, but was in no hurry to help her with heavy weapons for protection, because, like other states, they believed that Ukraine had no chance against such a strong adversary as Russia. Ukraine was given a maximum of a week to resist and no more. Therefore, before such an attack, the United States provided Ukraine with only Stingers and Javelins, more to fight in guerrilla conditions after the Russian occupation. Putin was also confident in the rapid seizure of the territory of Ukraine. Therefore, he organized an attack on Ukraine from three sides, including the use of the territory of Belarus in order to simply stun her with his power. Thousands of tanks, armored personnel carriers and other heavy equipment, as well as almost 300,000 invaders, rushed to Ukraine after massive air and missile strikes along all routes.

But Ukraine has chosen the right tactics in these conditions. Considering that the attack front was more than three thousand kilometers, it was useless to organize resistance on the border. In this case, the Armed Forces of Ukraine would have been defeated in the very first days of the Russian invasion. Therefore, armored vehicles were allowed deep into the territory of Ukraine and, taking advantage of the inadequacy of the organization to provide the advancing Russian troops with fuel, ammunition and food, they blocked the roads and created a real hell for the occupiers. Within a few weeks, in order not to completely lose manpower and equipment, the Russians completely retreated from the central and northern parts of Ukraine with huge losses.

For all states, including Russia, it was a huge shock. Only after the United States and its allies saw that Ukraine could not only survive, but also inflict a military defeat on Russia, only months after the Russian invasion did they begin to help Ukraine with more powerful equipment, and then almost single copies.

The United States and NATO as a whole have been preparing for a military confrontation with Russia for decades and, frankly, they were afraid of Russia. And in this situation, the relatively small state of Ukraine, using the miscalculations of the military and political leadership of Russia, began to inflict a significant defeat on it. It has become profitable for the United States and NATO to support Ukraine in every possible way so that by proxy, if not destroy, then significantly weaken Russia economically and militarily. This explains their current assistance to Ukraine. Human values ​​also play an important role here: in the 21st century, Putin's Russia unleashed the largest war of conquest in the center of Europe, clearly acting as an aggressor and occupier. Therefore, uniting around Ukraine for civilized states meant defending universal human values ​​and preventing the onset of an era of chaos and the resumption of the right of the strong, for which there are no laws.
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