It will be an explosion on social media and can be a bomb but positive or negative effect will depend on what they will talk about cryptocurrency.
I obviously hope that if there is a talk, they will talk positively about Bitcoin and cryptocurrency market. Will the talk be hold soon? I guess not but I wait for it in late months of this year or in first quarter of 2022.
Bitcoin is well past the stage, where it requires publicity from jokers such as Elon Musk and Jack Dorsey. And I don't think that these two themselves have any affinity towards Bitcoin. Elon has come out in the open against Bitcoin. So what he's going to say at the event? And regarding Jack Dorsey, I don't know much about his stance on Bitcoin. But given his ultra-left political leaning, I really doubt whether he will be able to support a Libertarian innovation such as Bitcoin. I just hope that something positive will come out of the scheduled event. |
|
|
|
|
Heard that a few other countries are also exploring the step taken by El Salvador. All we need is a bit more patience. The next spike is going to take Bitcoin above the $100,000 level, and more and more countries will be open to making at a legal tender. So if you are a Bitcoin entrepreneur or an investor, then you will have a lot more choices by then. There is no need to immediately pack your bags and move to El Salvador, which is famous for gang culture and poverty. Personally I would prefer moving to some of the Caribbean island nations.
|
|
|
|
South Africa and West Indies are playing and i was expecting a much stronger performance from West Indies but they already lost 6 wickets for 104 runs and they only have 3.3 overs left and the only positive aspect is that Kieron Pollard is still in the crease and he needs to pick up the momentum to take them to a decent score.
In the end they made 167/6. Kieron Pollard just butchered the South African bowlers in the end. Kagiso Rabada conceded 25 runs in the 19th over, while Lungi Ngidi gave away 18 runs in the last over. From 89/5, Pollard took them to a very decent score. But it needs to be seen whether the total is going to be enough for the West Indies or not. South Africa do have some explosive batsmen in the top order. We need to see how the West Indian bowlers (in particular Fidel Edwards and Andre Russell) deal with Quinton de Kock and Rassie van der Dussen. |
|
|
|
The fact that we have different information is understandable - everyone (even the most supposedly competent specialists and organizations) change their minds very quickly these days. Even to remember about masks - WHO has changed its opinion several times about whether they are needed or not. As for vaccines, in my country the "vaccine" SputnikV was first presented as a vaccine providing lifelong immunity, then the period was gradually reduced and now it is officially announced that after some time (presumably 6 months) revaccination will be required.
There are two factors in play here. First of all, immunity provided by the vaccine may last somewhere between 12 to 60 months. So you need to get vaccinated after this period. Now it is up to the government to decide whether you need a booster shot after 12 months, or 60 months (or some duration in between). And now the second factor is the emergence of mutated strains. Current bunch of vaccines are showing limited efficacy against these strains. Some of the vaccine manufacturers have already created specific booster shots against the mutated strains. If you want full protection, then you need to take these shots. |
|
|
|
Or, number of covid cases are not announced so widely anymore. Or in Autumn/Winter/Spring, every virus cases was counted as covid. Flu, running nose, cough - does not care, this is all covid. During Summer people simply got sick less. That is why everyone think that number of cases went down. Same was last Summer. Just wait till Autumn and situation will be repeated.
In the northern hemisphere, record high temperatures have been reported from countries such as Canada and USA. British Colombia (a Canadian province that lies to the north of the 49 degree latitude) has reported 121 degrees Fahrenheit yesterday. During the last 5 days, 486 people have died in that province alone, as a result of heat stroke. That said, high temperatures almost completely eradicate the spread of the covid virus. Most of the viruses can't survive in such extreme heat. Also, the virus is present in microscopic droplets that are ejected when an infected person coughs or sneezes. These micro-droplets get evaporated quickly under extreme heat and this lowers the contamination threat. |
|
|
|
A roller coaster indeed due to market volatility. Bitcoin has been pumping and dumping like crazy since it hits 60K level and rejected multiple times. Once Bitcoin price already determined the trend, I believe dominance will become stable.
Well... for me, the current pump seems to have run out of gas for Bitcoin. Means that the bullish phase we had from 2020 October to 2021 May has ended by now. For the next few months, I expect stable exchange rates of around $30,000-$40,000 per coin, with wild fluctuations. And when the situation is ripe, we will have the second bull run, which will hopefully take Bitcoin to six-digit prices for the first time. And from what I have seen so far, the market dynamics look eerily similar to what happened in 2017 (even the change in Bitcoin dominance looks similar). |
|
|
|
There is no exception from the pandemic mate , I have been working in Home since 2020 but half of my co employees are being Lay Off because of cost cutting from out company , though they have been paid before termination yet that won't be enough to feed their family as the country is still struggling and there are no available work to apply.
I hate the pandemic but just like every war there must be casualty , We are only lucky to stay working while others stopped or being kicked.
Let us all pray that this will end soon and everything will return back to what we are in the last 2 years of our life.
Well.. in the private sector, there is nothing like job security. You always need to worry about the layoffs, especially during such testing times. I am fortunate to be part of a private company that is not impacted by the pandemic. Since I am working from home, my expenses have reduced by around 75% and the savings have swelled. But I know that I am among the small minority which benefited from the pandemic. The vast majority have been pushed in to poverty, as a result of reduced earnings and layoffs. |
|
|
|
I also know that, but the problem is that people shout that they don't want to be vaccinated for their own reasons, don't want to comply with health protocols, and say that infected people are also just hospital fabrications. After all, it is very difficult to achieve herd immunity, even to maintain herd stupidity. This is rooted in the society of my country. People who are vaccinated can still get it, that's natural because the vaccines that I know come from viruses that are weakened so that the body forms antibodies. There are no antibodies yet, they don't maintain health protocols and hang out with stupid friends too. and become mass stupidity.
You will find Covidiots in most of the countries. One of my colleagues in India was describing about his neighbors back home. The family mocked others for wearing masks and proclaimed that wearing a mask is a sign of cowardness. They roamed around with scant regard to any social distancing protocol. 3 members of the family ended up in the ICU, and out of that one lost his life. And this is not an isolated incident in third world countries. In every nook and corner you will hear about such stories. And the sad part is that, because of these irresponsible people, sometimes others get the infection. |
|
|
|
1. China is known for big announcements that bring the price down. We don't know if and how much hash rate was taken down in order to be relocated and how much hash rate was just temporarily stopped in order to support the FUD/pump and dump game. And yes, I tend to believe that China together with N Korea may play pump and dump games with Bitcoin.
2. Bitcoin leaving China may be somewhat beneficial for their game. They are already beta-testing e-CNY. They gave out for free quite some nice amounts of their coin in order to have it spent and tested out. Bitcoin may be seen as an unwanted competitor for this project. And yeah, you may have to read how many things a govt can do with their own centralized e-coin, from surveillance to (automatic) seizing the funds of undesirables.
These two are very important points. Previously, China used to tolerate Bitcoin to a certain degree. But now with the listing of digital Yuan (e-CNY), that tolerance has vanished. It is clear that their CBDC is inferior to Bitcoin, and therefore the Chinese government did what it does when one of their products can't compete with the international competitors. Personally, I believe that this will be beneficial for Bitcoin. There will be a temporary setback, but China accounting for 80% of the Bitcoin hash rate is like a ticking time bomb. |
|
|
|
I don't think it's healthy to allow too much black money into the stock market. There will always be some black money in the market,completely eliminating is not an option. I would say that 10-15% is a healthier ratio than 25%. This might take a few years to get validated. Corruption is the most unproductive thing that can happen in a country. With a high level of corruption foreign investors will be reluctant to invest.
25% is the penalty for converting this black money in to white, and I don't think that it is excessive. In other countries, the penalty can be much higher. Here, the individual is avoiding jail term and a heavy financial penalty for tax evasion. So I would say that 25% penalty is going too lenient on those who break the law. But I guess that the government is in desperate need of funds and the stock market also needs a fresh injection of cash. So in a sense, I don't want to oppose this measure. If they don't allow the amnesty, then in all probability these funds will flow out of the country to some offshore tax haven. |
|
|
|
|
As far as I know, George Soros is opposed to the very idea of cryptocurrency and I don't expect a change in position from him anytime soon. Now coming to Soros Fund Management, I think that other players may also be involved in making the decisions. Also, we need to check whether their involvement with cryptocurrency is direct, or through intermediaries. I am being so skeptical, because the posters here have a habit of using fake news as clickbait. I normally don't believe these posts, unless I could confirm them from Forbes or Bloomberg.
|
|
|
|
Since I have seen the controversial documentary film - Gringo: The Dangerous Life of John McAfee and all the things he did in Belize.. I expected something bad to happen to him in the future. The guy lived a very full life and he had little boundaries when it came to illegal actions. It is unfortunate for a person to fly that high and then to crash like this... but "Money" got the better of him and not paying taxes to get more money... was the absolute worst decision he could have ever made.  I don't really care whether he paid his taxes on time, or not. My issue is that he made losses amounting to hundreds of millions of USD to cryptocurrency users by promoting scam projects. And the worst part was that he mocked the victims and made fun of them saying that they shouldn't have trusted him in the first place. Back in Brazil, he was accused of murdering his neighbor. I think that he got blinded with all the power and money that he got and became arrogant. But then, he forgot that there is something called Karma. |
|
|
|
Nope you are describing a hyperinflation, inflation happens all the time, a normal and stable inflation rate is a sign of growth in the economy of a country plus it's not as bad as you think it is, if it is stable and a controlled inflation that is, because it's one of the many reasons for salary hikes and increase in your investment values because they keep up with inflation. Inflation isn't as bad as many think it is.
IMO, a low rate of inflation is neither bad, nor good. It doesn't mean that salary increases only occur when inflation is there. In high-inflation countries, salary increases have no value, because the purchasing power goes down even with higher salary. Also, if the argument is true, then there should not be any salary increase in countries with almost zero inflation, such as Japan and Switzerland. Ideally I would prefer 0% inflation, so that the value of our savings remain intact. But anything less than 5% is OK under current circumstances. |
|
|
|
Education is greatly supported by the governments of countries, even it is highly encouraged in developed countries, some countries have waived quite a lot of school fees for children and poor people but in such a special condition, the poor system has not collapsed, many generations are unable to master and develop their educational knowledge. Education is also just an opportunity and a way to reduce the poverty rate, basically, the process of poverty still tends to be closely linked and cannot be removed from society.
In the developed world, the children (after a particular age) are supposed to help their parents in work. So they may not get enough time to concentrate on their studies. Also, the government run schools may not have enough resources when compared to the private schools. But all that said, if the student has the urge to succeed, then nothing can stop him. There is no guarantee that if you have a good educational background, then you will be super-rich. But at least you can be assured that you will not be in poverty. |
|
|
|
The different perspective of people in advance country and developing country is too huge. Education becomes the main factor of people's mindset. In my country, they shouted that in aboard they don't lockdown and can watch the Europe Lague and they compared with the local condition that will implement 100% WFH in some cities which have a highest infected case. In fact, in aboard the total of vaccinated people have reached over 20% of the total population then so different with my country that has reached just 2% of the total population. The government gets hard to handle the pandemic just because of the stupidity and less literation.
Herd immunity needs complete vaccination (two doses) for at least 75% of the population. These figures (2% or 20%) are woefully short of that. Eventually the pandemic will be contained. But we need to be cautious until then. Even if you have two doses of the most efficient vaccine, that doesn't mean that you are safe. You are in danger as long as there are unvaccinated people around you. And don't forget the fact that more lethal strains are being reported nowadays. This is definitely not the time to attend sports events and celebrations. |
|
|
|
When PIG 3 play with each other then its all about printing money that's why they always play 4-5 test match series.
I don't have an issue when the Pig3 organize 5-match series. There is a sizable following for test cricket in these countries and the revenues are not that bad. But that is not the case when Sri Lanka plays against Bangladesh or West Indies plays against South Africa. The fan following will be very low, and the revenues will be negligible. This is why I favor splitting the test teams to two real divisions (not like the 9 team first tier and 3 team second tier that we have now). Each of the divisions should consist of 6 teams each. |
|
|
|
No need to criticize them, unka perspective bhi samjha karo thoda. Rule follow na karna hum sub-continent walo ka janam sidh adhikar hai, rule follow karenge toh nawabi chali jayegi apan logo ki. There is a saying in North India " G**nd pathe toh pathe par nawabi na kathe"  LOL.. can't put it any better than this. @Vishnu.Reang the only reason I see Srilanka game is to wager against them, because they’re very predictable and when you bet against them you’re almost guaranteed a victory.
Furthermore I too doubt that they'll show any improvement in the remaining two games, hence my advice to all would be is wager on England and make some quick bucks.
After such a pathetic performance by Sri Lanka, I don't think that any of the sportsbooks will give higher odds for England. And then it gets riskier. If England is at 1.1 or 1.15, it makes little sense to make a bet in their favor. ODI may not be as unpredictable as T20, but upsets do happen every now and then. Here the potential returns are not very good, and the risk is very sizable. |
|
|
|
That is great and if this is the case, those types of wallets with that option should be every investor's go-to wallet because of the inevitable. While most people have been having issues whether such wallet access information should be shared with loved ones, with this option that wouldn't be a problem knowing crypto assets won't be lost.
There is nothing like a risk-free option. For example, let's take an example. You opt for this option, and set your cousin's wallet address as the receiver if your wallet becomes inactive for more than 6 months. And after sometime, you simply forget that you have to login to this wallet. In such case, your funds will be automatically moved to your cousin's wallet address. Or let's take another example. You met with an accident and slips in to a coma for 6-7 months. In this case also, your coins will be transferred out of your wallet. |
|
|
|
I believe issues like this have been discussed in this thread before and it is no different with the Late John McAfee RIP. I believe he must have shared the necessary information with his wife at least or a trusted family/friend should in case something bad happens and I saw him as a smart person that will not allow that to happen and I hope he was able to do share that with is loved on cos if not, it is just another lost asset of cryptocurrencies.
It is not necessary that he need to provide the private keys to his spouse or some relative. Those who are having a few years of experience might have heard about " dead man's switch". Some of the wallets have this option. If the wallet is not logged in for a specific period set by the owner (6 months, 12 months or even 24 months), then after this duration the coins will be transferred to a "nominee wallet" which has been previously selected by the owner. So the spouse or the relative doesn't need any new information to access these coins. After a certain duration, they will receive the coins in their wallet. |
|
|
|
Looks difficult for other countries to adopt crypto the way El-Salvador adopted cryptocurrency. This country has a population of only 6 million so it is quite easy for its President to carry out such reforms. But for bigger countries, it might not be as easy as El-Salvador. But some smaller countries like Malta, Curacao or Vanuatu etc may consider the same, but bigger countries will have to go through a lot of changes for the to aopt cryptos. Remember, legalizing and adoption are not the same thing!
I don't think that population plays any role here. El Salvador was able to give the status of legal tender to Bitcoin, because it doesn't have a national currency. For the last two decades, they are using USD as the national currency. That is not the case with the countries you have listed out (such as Malta, Curacao or Vanuatu). If they make Bitcoin the legal tender, then Bitcoin will be competing against the national currencies. And for the government, this is not going to be a very viable situation. It will ultimately result in the devaluation of the national currency. |
|
|
|
|
Show Posts
