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861  Economy / Economics / Re: Where the top world Elite Rich guys invest on: October 18, 2020, 05:58:04 AM
Top Rich elite rotchilds 
Its interesting they sold  casinos hotels shares just Right time

Here is what they hold, interesting

Link:  https://whalewisdom.com/filer/rothschild-investment-corp-il

Lol, it's clear you don't know what you linked to. This is not the Rothschild family's investments. This is an investment adviser named Rothschild Investment Corp. It's an SEC-registered investment adviser that caters to retail investors as well as high net worth investors, charities, pension funds and corporations. The 13F holdings you linked to are holdings the investment adviser has bought on behalf of their more than 1000 clients while rendering investment advice. Again, not the Rothschild's personal money.



Ok but where is the personal money?

I don't know where they put their personal money and I also don't really care because it doesn't affect me. I just wanted to correct the record about what you linked to because what you posted is 100% not the Rothschild's holdings and no conclusions should be reached about what they're investing in based on the information posted because it's not them.
862  Economy / Economics / Re: Trump and imf boss want to print more money on: October 18, 2020, 05:38:49 AM
Link: https://www.cnbc.com/2020/10/15/imf-no-doubt-that-crucial-us-fiscal-stimulus-is-coming.html

Trump is real Business men good business style!
Amd imf boss have style also about Money!

Few Words: The IMF boss said that the impact of a U.S. stimulus package would be much-needed positive whenever it's introduced, adding that if it were implemented earlier it would "provide a boost to certainty and certainty is something we do need in this crisis."

Negotiations between the Republican government and House Democrats have stalled over the amount of money that could be used to stimulate the U.S. economy. Earlier on Thursday, Treasury Secretary Steven Mnuchin told CNBC's "Squawk Box" that while he and President Donald Trump were committed to getting a deal agreed, "politics" may be getting in the way. He said the Democrats still wanted an "all or nothing" deal.

Trump has said he would raise his offer above the current level of $1.8 trillion, with the House Democrats having passed a $2.2 trillion bill.

Trump also tweeted on twitter:"Stimulus go big or go Home! "

Imf Boss added on Thursday that there was still “a way to go with this crisis,” so room for fiscal support would be needed. “Thank God the U.S. has that fiscal space,” she said.

This support wouldn’t just be necessary in the next couple of months but “down the road” — “so let’s see how quickly it would be deployed but I have no doubt it will be deployed because it is necessary,” she added.


Trump is an idiot and he doesn't have any agenda passed doing whatever he thinks will buy him reelection or personally benefit his over-leveraged failing company.  Trump's only care about stimulus is thinking voters will associate him with the money and then vote for him. That's the only reason he wants to get it done. He doesn't care about regular people. Hell, he barely cares about those close to him except what they can do to benefit him personally. Good businessman? Nah.



Trump seen that stock market down and quick fix stimulus will it up Again.
So there is tradion in USA at least Trump have to keep stock market up then if anyone out of USA will look the stock market... See the Green the USA is doing all right then the economy must be good then if the stock market is up.
But its not just Trump the imf think that USA have space more to print money

That's exactly my point. He's not smart enough to have an understanding of the country's finances. He thinks if the stock market is up, he's doing good. There's no connection. His policies have been good for the stock market at the expense of the future of the nation. The tax cuts he pushed through exploded the deficit at a time when the strong economy should have been paying down the debt incurred from the last recovery. Instead, he pushed those tax cuts that went predominantly to the rich, and now the deficit is at 3.1 trillion dollars this year alone. When you run deficits, you borrow from the future to finance your current prosperity, and that gets paid back with interest, so we'll all pay for it later. But few people think about the consequences, Trump least of all.
863  Economy / Economics / Re: Yearly >Trendy< Crypto Markets, Is Crypto becoming like Tech Fashion? on: October 18, 2020, 05:05:48 AM
What fundamentals does any crypto have? It’s just a stationary asset, doesn’t produce income, doesn’t generate cash flow on its own... when you’re talking about the fundamentals of a stock, you’re talking about cash flow or other metrics of performance to measure the stock price against the profitability of the underlying business. Crypto doesn’t have fundamentals because it doesn’t do anything.

The fundamentals of crypto is just how much it is used and if it has any useful properties, like privacy, and of course the most important property is how secure it is. You don't want to trust any big amounts of money for long term to some centralized and unregulated system. With those categories, you can easily compare cryptos and which ones are useful and which ones are shitcoins.

Ah ok, so you're talking about not financial fundamentals, which is what I thought by your post. Usually when people talk about the fundamentals of an asset or investment, they're talking about valuation metrics, which bitcoin doesn't have because it doesn't generate cash flow or profit. It's only worth what people are willing to pay for it, and has no inherent value in and of itself like stock does.
864  Economy / Economics / Re: Venezuela Planning New 100,000-Bolivar Bills Worth Just $0.23 on: October 18, 2020, 05:03:05 AM
The more corrupt the country is, the more they need paper money. Corruption is simpler that way, including for government officials. The government flattens employees' salaries to maintain superficial control of inflation and allows for further negotiations, criminal activities. No punishment. Many government officials receive more than their own corrupt wages.

Seems to me digital currency would be easier to manipulate. No need to print all that money when you can just expand the monetary base by typing extra zeros in the central bank's account and pushing that money into the economy. I think the reason Venezuela needs so much paper money is not because they're corrupt but because they're not technologically advanced to have a digital economy.

Still though, the argument that they didn't make any technological advancement is because the government is really corrupt that maybe the funds allocated for it could have ended up in the pocket of those politicians.

So it's really a lot of contributory factors, mismanagement of politicians, and then their cronies, owning half of the private companies so in just like 10 years, the country made a U-turn for the worst. And now printing worthless mickey mouse money.

Yeah, I'm not taking issue with the level of corruption in the country. Just the notion that the reason they didn't go with digital currency and stuck with physical currency was because it made the corruption easier. The far more likely reason they don't have a digital currency is because they lack the technology to do so, not out of intention.
865  Economy / Economics / Re: Bitcoin will replace oil and Gold on: October 18, 2020, 04:50:10 AM
Governments all around the World Secretly start using together with banks the bitcoins.
Oil is done so They replace bitcoin instead of oil.

The btc volatility might go like daily 50k-100k price Changes.

Bitcoin will be instutionalized permanently.
The Global market prices Liqutation postion will be fluctuated by Bitcoin price.


I said this before but nobody didnt listen but now its here!!



I understand the bitcoin/gold comparison, but what are you trying to say about oil? Oil isn't an asset anyone uses to store wealth or value. Oil is a critical part of the world economy, it's used just about as fast as it is produced and there isn't a lot of infrastructure for storing oil long term when it's not needed to be used, which is why the world's oil producers constantly tweak production to match consumption. The comparison with bitcoin doesn't make any sense at all.
866  Economy / Economics / Re: usa goverment 3.13 tril. defict its enough? on: October 18, 2020, 04:21:37 AM

People have been predicting 15k btc every year since it crashed from 20k, so I don't take anyone's predictions seriously because nobody knows and nobody has a good track record of predicting. On another note, the deficit is absolutely mind numbingly large. Trump's tax cuts decimated tax receipts at a time the country should have been using the exceptionally strong economy to pay down some of the debt that was incurred recovering from the housing crisis. That's how that's supposed to work, but Republicans couldn't pass up an opportunity to loot the treasury to line their pockets. So much for having any principles about balancing the budget.
867  Economy / Economics / Re: Will African countries be developed? on: October 18, 2020, 03:46:48 AM
China is one interesting exception economy-wise, but they may project prosperity a lot more than may be experiencing it. For one, they have built giant ghost cities as a way to spur economic development, but there is not enough natural economic activity to support populating those cities and it may take decades to grow into them. Their control on information makes it difficult to assess. But for sure they posture like every other country to project strength that may not actually be there.

Yeah.. there are ghost cities in almost every province of China, and the Western media has covered some of these stories. The demand was there when these housing units were being constructed, but a sudden economic slump meant that there are few takers. And this is also one of the reasons why China is focusing on Africa. For them, Africa is a glowing economy, compared to China where it is at near saturation level.

China's investment in Africa is part of their road and belt initiative which is a central tenet in their foreign policy. They are essentially trying to develop international trade with China at the center by creating the infrastructure in less developed countries and orienting their trading disposition to Beijing. It is an attempt to become an economic super power like the United States.  Unfortunately under Trump, what was a terrible hand to begin with has deteriorated so much more over the past 4 years. The US has never been weaker on the world stage in the post-WWII era.
868  Economy / Economics / Re: Bitcoin Holding in Companies on: October 18, 2020, 03:28:14 AM
There are probably more companies owing bitcoin and we dont know. For example, Elon musk Is interested in btc. Tesla or SpaceX may own some but we dont know.
Probably no lies in that, some companies can still hold Bitcoin and decide not to make it open to the public. Elon Musk has always shown some interest in cryptocurrency and some point people suspected him as Satoshi or his contribution to bitcoin developments by being part of Satoshi's team; from these, we may conclude like definitely he must be holding some big amount bitcoins personally.

I'd highly doubt it Tesla or SpaceX are. Tesla is a public company and one that has had liquidity concerns until very recently. Further, it's a very capital intensive business, and they're scaling constantly. There is just no extra cash to be putting in to bitcoin. Because of the liquidity concerns and the need to scale, any bitcoin holdings would be considered a material fact that would need to be disclosed to investors, so it's almost impossible for them to have any bitcoin on the down low.  SpaceX is a private company in an even more capital-intensive business. There's no way the company is investing in bitcoin. It cannot afford to lock up any capital in such a risky asset. Musk personally could be another matter, but he's such an attention whore that if he was you'd likely know about it.
869  Economy / Gambling / Re: bustabit – The original crash game on: October 18, 2020, 03:21:32 AM

Bankroll is pretty good there is nothing to worry about here we will try to consider in detail all the combinations of rules for beginners so that in practice you will not be surprised how to play it reduced in fact the subtleties of the collection can be many combinations and all of them will be able to be understood and remembered individually only by feeling. If you want to play and win the poker properly it is important to know all the summaries first.

I used to invest in the bankroll, but there was a period of time where there were some whales who were constantly betting thousands of btc at a time and the swings in the bankroll were enough to drive me out of even being part of the bank even though I know that over the long term the bank is almost mathematically guaranteed to profit. Seeing how frequently this guy was down 1000 btc only to win it all back and more was insane and I just pulled my part of the bank out cuz I didn't want to worry about it anymore. So I can't even imagine the stomach for being on the betting side of those bets.
870  Economy / Gambling / Re: 🏈 NITROGEN SPORTS | NFL Survivor Pools with over 30 BTC* in GTD prizes! 🏈 on: October 18, 2020, 03:17:31 AM
I gotta say that requiring any rollover on straight non-comped deposits is pretty trash.
The rollover on the winnings is indeed annoying since not everyone places a lot of bets and if you win big from a parlay you're forced to lose some of it.

I still enjoy playing on nitro from time to time because of their contests like the survivor pool and I agree with rohang they need to adjust it since rules like those could potentially discourage future users.

There have been times in the past where I made a deposit just for one bet, say like the Super Bowl, where I only intended to deposit for the one event, win or lose.  On win, I'd withdraw and on lose there's nothing to withdraw, so either way it was a one and done type of situation. There's nothing interesting to bet on after the Super Bowl until baseball starts for me, so I'd rather not have money just sitting in the account for those months.  This rule would prevent that, so that's business Nitrogen won't be getting in the future from me at least.
871  Economy / Gambling / Re: 🏈 NITROGEN SPORTS | NFL Survivor Pools with over 30 BTC* in GTD prizes! 🏈 on: October 17, 2020, 06:25:08 PM
What exactly does this rollover mean because if you deposit $100 and risk $100, it seems to me the whole deposit has been rolled over.

In your example, if you deposit $100 and bet $100 to win $50, you say you still have to play the $50 before being able to withdraw.  So if you bet $50 to win $10, has the entire amount now been rolled over? Because based on your explanation, I would think that the entire about again has been rolled over.

Or are you trying to say that you have to WIN $100 off the $100 deposit before it is completely rolled over?

Another example, if you deposit $100 and bet $100 to win $110 dollars and win, has the entire amount been rolled over? Or do you somehow still have to make more bets to be able to withdraw?
In the last example if you win your $100 bet then you still have to rollover the winnings($110) after that you're free to request a withdraw.

Basically the winnings from your deposit increases the amount that you have to rollover.

I gotta say that requiring any rollover on straight non-comped deposits is pretty trash. If you were bonusing up deposits and requiring a a rollover before you could withdraw, that's pretty standard. But sports gambling is legal in more and more states in the US and I honestly don't know why anyone would put up with conditions on normal deposits like this anymore. The competitive advantage of gambling in btc is all but disappeared, and then they go and have unfriendly terms like this.  I've been a customer of nitrogen for 4 years, maybe longer. I won't deposit again under these rules and frankly I'm a little concerned about what arbitrary nonsense they're gonna pull when I try to withdraw my current balance.
872  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: October 17, 2020, 01:45:51 PM
Today's Projected Jackpot is USD 3191.

User 15324044 is leading the ranks on the Daily Jackpot today with 110 BTC wagered so far.

Wager your best by playing the HI-LO Dice game / Betting on your favorite events and win today's Daily Progressive Jackpot.






Congratulations to User Id 15324044 for winning USD 1839 yesterday.




Does the top wagerer get the jackpot, or is it a pool type of situation where the more you wager, the more likely you are to win the jackpot? If it's the first of those, where the top wagerer just wins the jackpot, when was the last time this user didn't win. Cuz I scrolled back several days and it looks like it's always the same ID number in the top slot winning the jackpot.
873  Economy / Gambling / Re: 🏈 NITROGEN SPORTS | NFL Survivor Pools with over 30 BTC* in GTD prizes! 🏈 on: October 17, 2020, 01:35:32 PM
Does someone here (preferably nitrogen officials) want to explain to me this new god awful rollover requirement?

If you deposit 0.01 BTC, bet for 0.01BTC and then win you are not allowed to withdraw because there is a rollover on the entire deposit (even though you bet the entire deposit).

Am I missing something here or are these new rules just botched?

Hi! Can you PM me your Nitro ID so we can investigate further?

The 1x rollover rule, to clarify, players need to completely rollover the deposited amount before being able to withdraw. If player deposits $100 and bets it all, winning $50, the player still needs to play the $50 before being able to withdraw.

Please let us know if you need further clarification.


What exactly does this rollover mean because if you deposit $100 and risk $100, it seems to me the whole deposit has been rolled over.

In your example, if you deposit $100 and bet $100 to win $50, you say you still have to play the $50 before being able to withdraw.  So if you bet $50 to win $10, has the entire amount now been rolled over? Because based on your explanation, I would think that the entire about again has been rolled over.

Or are you trying to say that you have to WIN $100 off the $100 deposit before it is completely rolled over?

Another example, if you deposit $100 and bet $100 to win $110 dollars and win, has the entire amount been rolled over? Or do you somehow still have to make more bets to be able to withdraw?
874  Economy / Economics / Re: rich people super rich are taking loans now why? what it means ? on: October 17, 2020, 01:18:51 PM

many of the rich people got rich by taking these kinds of high risk moves. but they do it with some experience and the know how of the internals of the markets they are doing it it.
in the end fiat will always dump because of its inflationary nature and there is no escaping that. so if they could get more money even through loaning and invest it in assets that can not lose their value they can make a ton of money. of course again being in the inner circle helps them a lot.

No way it’s risky, real estate has always been viewed as a solid investment for the ultra rich, every ultra rich love to invest to real estate, it’s not uncommon many people think property is high risk, these people are usually rent property their entire life, they love to spread fud, and bearish on market crash, world wars will wipe out everything, business is doing bad and so on, by far all of them are proven wrong again and again, there is nothing wrong about them, because everybody hate taking loan from the bank, nobody want to have any loan, they want to buy anything that they can pay with just cash, yup they intend to buy real estate with dirt cheap price that they can pay with cash too, nobody in their right mind will want to make such an obvious loss making decision, they’re often looking at -50-70% below market rate property, which is some ridiculous rate.

Any leverage is risk. Look at Donald Trump. Despite being a "billionaire" on paper, he's leveraged to his eyes in for businesses that are just burning cash. He'll be bankrupt (again) within 4 years when the hundreds of millions of dollars in loans come due. No one is going to continue to lend to him now that we've got a whiff of the financials he's been hiding and understand why. Hell, most of the banks already stopped lending to him. That's why he cozies up to dictators, it's pretty much the only avenue he has left to access any potential loans. Trump's leverage will be his downfall because he's a horrible business man.
875  Economy / Economics / Re: Food prices doubled this year on: October 17, 2020, 01:12:24 PM
The disparity between CPI and what people actually pay for things they use most makes it difficult to assess the true inflation in the economy.  The government considers the CPI to be the "official" inflation number, but I don't think it does a particularly good job measuring the items the middle and lower class buy the most out of necessity.
876  Economy / Economics / Re: Bitcoin Holding in Companies on: October 15, 2020, 09:50:44 PM

https://twitter.com/Coin98Analytics/status/1315853890424717312

We heard about Square investing in Bitcoin and I am sure many of you know about Grayscale but let's look at other publicly traded companies who purchased Bitcoin.
Total value for all of them is over $6 billion or around 600,000 BTC, but I am sure there are many more who not so famous or they purchased it with some 3rd party firms.
13 companies are holding around 2.85% of the total supply of Bitcoin.
Let's compare all of them:

449,596 Grayscale
  69,730 CoinShares
  38,250 MicroStrategy
  16,551 Galaxy digital
    8,195 3iQ
    5,215 BTCe
    4,709 Square
    2,954 HUT8
    1,239 Voyager
    1,053 Riot
       215 digital
       204 cypher punk holdings
       126 argo
 
More detailed report on Bitcoin Treasuries website:

https://bitcointreasuries.org/

Some say that Grayscale doesn't own any Bitcoin but that is for debate because they are Investment Trust, and their clients are buyers who own bitcoins.

Grayscale's holdings aren't the company's own holdings but what they hold collectively on behalf of other investors, so to include them on a list of companies that invest in bitcoin is misleading at best, but I would go so far as to call it inaccurate. Grayscale is different from Square which also lets people buy bitcoin but has itself invested its own treasury into bitcoin.  Grayscale has not invested in 449k btc, its clients have.  It's an important distinction.
877  Economy / Economics / Re: Trump and imf boss want to print more money on: October 15, 2020, 09:46:59 PM
Link: https://www.cnbc.com/2020/10/15/imf-no-doubt-that-crucial-us-fiscal-stimulus-is-coming.html

Trump is real Business men good business style!
Amd imf boss have style also about Money!

Few Words: The IMF boss said that the impact of a U.S. stimulus package would be much-needed positive whenever it's introduced, adding that if it were implemented earlier it would "provide a boost to certainty and certainty is something we do need in this crisis."

Negotiations between the Republican government and House Democrats have stalled over the amount of money that could be used to stimulate the U.S. economy. Earlier on Thursday, Treasury Secretary Steven Mnuchin told CNBC's "Squawk Box" that while he and President Donald Trump were committed to getting a deal agreed, "politics" may be getting in the way. He said the Democrats still wanted an "all or nothing" deal.

Trump has said he would raise his offer above the current level of $1.8 trillion, with the House Democrats having passed a $2.2 trillion bill.

Trump also tweeted on twitter:"Stimulus go big or go Home! "

Imf Boss added on Thursday that there was still “a way to go with this crisis,” so room for fiscal support would be needed. “Thank God the U.S. has that fiscal space,” she said.

This support wouldn’t just be necessary in the next couple of months but “down the road” — “so let’s see how quickly it would be deployed but I have no doubt it will be deployed because it is necessary,” she added.


Trump is an idiot and he doesn't have any agenda passed doing whatever he thinks will buy him reelection or personally benefit his over-leveraged failing company.  Trump's only care about stimulus is thinking voters will associate him with the money and then vote for him. That's the only reason he wants to get it done. He doesn't care about regular people. Hell, he barely cares about those close to him except what they can do to benefit him personally. Good businessman? Nah.
878  Economy / Economics / Re: Not enough Corona Virus Vaccine until 2024, at earliest on: October 11, 2020, 06:41:37 AM
...why in the world was Chloroquene not given a chance, even without been tested, this is a drug that has been with us for years. ...

Because hydroxycholorquine hasn't been shown to be effective in treating Covid-19 and can have serious side effects. There was some early evidence it might be helpful but as more data was collected the benefits were shown to be inconclusive, and with the risk of serious side effects it's not worth the risk.
879  Economy / Economics / Re: Brazil largest investment bank just created a 100% cryptocurrency backed fund on: October 11, 2020, 05:56:15 AM
Brazil has a ton of things they need to fix first in order to make a difference in the crypto world. I am not one for judging any nation but they are really not doing that well and that means if they want to make a difference in the crypto they need to be big in economic world as well, considering they can't change the world's economy all that much because they are not that rich, this can be done by like 5 or 10 nations, probably not even 10, just 5 nations.

Brazil is the 8th largest economy in the world, larger than countries like Italy and Canada. In fact, it's the largest economy in the western hemisphere after the United States. With a large population and a lot of natural resources, the economy is quite advanced.
880  Economy / Economics / Re: Not enough Corona Virus Vaccine until 2024, at earliest on: October 11, 2020, 04:32:37 AM
This is not true at all. You're confusing antibodies with a vaccine.  Your body does not create a vaccine.  When you're infected with the virus, your body creates antibodies to fight the virus.  You're still infected though and you're still capable of spreading the infection to others.  A vaccine is a safe agent that doesn't make you sick but for which your body will still create antibodies for the virus, preventing you from ever being infected. The point of a vaccine is so that you never have to risk getting sick from the virus.

unless your knowledge of vaccines is a false doctrine designed to change everyone's mindset about the use of vaccines. I firmly believe in the existence of a global conspiracy theory that takes hold through the shadows. we all learn to follow the rules they make,

they presented that vaccines are safe for our body's defense and immunity against viruses
but actually not everyone understands what chemicals are put into our bodies
No one knows we are helped by them, or that we are their business asset

There's just no way to counter this level of ignorance and paranoia, so I'm not going to try. You live in a time when the very serious and contagious diseases like polio, smallpox and pertussis (among dozens of others) have been largely or completely eradicated by vaccines and people don't live in fear of contracting them any longer, so much so that it gives you the privilege of wondering if vaccines are effective. If it wasn't a serious issue it'd be amusing.
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