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1061  Economy / Economics / Re: Anyone else remember this? on: November 07, 2019, 03:35:41 AM
Fresh graduate can’t land a job in corporate world, because the guy on the top don’t want to step down, the capitalist want to pass their position to their heirs, and their next heirs and next heirs, fresh graduate have no choice and they pull through it, they become basement dwellers, they play video games, they mine bitcoins, they make savage videos, they do everything else except go to work for corporate scumbags, a decade later, many corporates begin to crumble one by one, General Electric used to be the iconic Corp that top students line up to compete for the few top position, now it is delisted from the DJIA index and the scumbags inside the Corp are fighting among themselves for their self-interests, it gave me a unknown pleasure to know that more and more used-to-be the blue chip, the best Corp in the united state the land of freedom, began to crumble one by one, they blame the useless millennials for messing up the entire scheme, I know deep inside me, I want them to failed so badly, can I finally have a good laugh? I hope so!

The old blue chip companies are still very important to supply traditional jobs to reduce unemployment and to stimulate the economy. The new "Millennials", also known as Generation Y are not to be blamed for the failure of these companies. The "Millennials" are shaping the new future, where traditional methods of doing things are challenged and in most instances, improvements are added to those methods.  Wink

People are now working flexible hours and they have much better working conditions and this improves production significantly. Just look at the success that companies like Google had with the "Millennials" way of working.  Wink

Bitcoin is one of those "Out of the Box" way of doing things, that are disrupting the old ways of the traditional financial system.  Wink
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The old system, the dollar system backed by the selected few very powerful people has no match for the power of the community, the opm, opr and opt is bigger by a large margin, the power of the network is unmeasurable, in the forex market, one dollar is king because it is 100 Japanese yen to one dollar, however many crypto overtaking dollar easily, bitcoin is over 9000 times stronger than dollar, this is the power of networked currency, with the full power of opr opm and opt from everyone no matter their background, I call it the ultimate kamehameha. As the energy blast technique required Goku to gather energy source from the nature, everyone contribute a portion of their productive energy, before he can unleash it to his enemy, the DJIA, and crushing them in the process.
1062  Economy / Economics / Re: Anyone else remember this? on: November 06, 2019, 07:53:36 AM
It's all a matter of time and they will fail terribly as even I have noticed fresh graduates have no where to go and honestly speaking it's all because of some greedy people who don't want to step down and what else can we expect from capitalist who wants to create their dynasty and want them to stay on top forever but that does not work forever.  I think we need to focus more on start ups and create opportunities instead of running behind them.  It's not easy we could rather try to start business instead of just focusing on corporate jobs even if it takes back to barter trading era.
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Wait, is it the jobless rate reaching new high again? I had stop following the news for some time, I’m totally clueless now.

Whether you like it or not this is how the world works and we can't do anything about it, we can't do anything if the ones on top don't want to resign or if the corporations are passing it down to their heirs we don't have anything in our power to stop it. For the fresh graduates still looking for a job it only takes one successful application to change your life. Not because you aim for a promotion everyday but because you need to save money and create your own business someday, you don't need to get stuck in their company as their bottom dweller forever as what you want in life won't happen if you do so.
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Really? I think thing are going to the worse, I was told there is still job promotion available for a long term employee, I think that’s a history now.

These are the unfortunate situation wherein fresh graduates experienced. We tend to think that sometimes that young ones are on the advantage over to those been working for a long time because od the idea that we have more ability, fresh ideas, and more strength. Then we begin to realize that we are inexperienced in which big companies are looking for. The possibility we would be hire with such requirement is likely unclear besides with these unjust methods of them.
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What do they tell you? They want you to have 10 years of exp when you just come out fresh from oven? Wow, that’s not absurd, because I had seem more 20 years of exp in my life, I swear.


Through the internet, the 21st century has provided the world especially with a very innovative means to make money other the usual skilled or corporate works. Things come and go but the only lasting thing is business. In order to have a more sustainable future, people especially the youth must take opportunity of technology and create businesses.
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You are over glorifying the term business, I know some scumbags love to promote how the stock market is backed by business blah, ok a business is a virtual entity, so the stock market is backed by virtual entity? How is it even have value? LoL, blatant lie!
1063  Economy / Economics / Re: Anyone else remember this? on: November 06, 2019, 07:29:23 AM
...

Your post made me laugh not because those corporate scumbags are not writhing in pain but because I am sure you are a corporate reject and because of that you are deriving pleasure from seeing others in pain. Now, even if you located in China, you could not expect the owner of a certain company will easily pass the baton of control and leadership to people they don't know, qualified people who are their bloodline will be given preference, of course. Will you not do the same thing? You mean to say that a father will not consider his son for the same position he is about to relinquish? Now, even if many are saying so many negative things on capitalism, the point is that we are all in the liberty to be an entrepreneur anytime, anywhere. I remember so many success stories of people who almost started with nothing and then end up with an empire. It's easy to feel jealous or envious of what they accomplished but what we do not know is the hard work and the sacrifices these people made to arrive at where they are now. Big corporations each have their own culture and we have to respect that. Corporations who are not working well and just basing everything on greed will eventually fall and be dead, that is just a natural course.
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I didn’t mean to be satire, I’m just finding the causes and effect to be mind blowing, fascinating, intriguing, newsworthy, narrative worthy, whatever catchphrase or click bait they love using, its obviously why I want to laugh, of course with a ahegao face like like some perversive meme.

No it's not the millennials' fault. Why are they blaming it to them? Where in fact, it's their fault not hiring a goof and conpetent employees. If they did a great job hiring the right employees, it won't happen.
And just to point that most fresh graduates only have lower position. And it's the management who are in higher position that are responsible in managing the company.

What makrd you say that fresh grass are incompetent? When they need to be competent to find a job since it's harder for them to find a job when they have no experience.
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They should blame it, because without it my life will be bored to dead, it is akin to fudding bitcoin, I can’t live a day without a new bitcoin fud.

...
Actually in the real set-up of the companies it is really happens especially the transferring the position to their heirs or their family relatives in order to continue the company and the family is the only one who are controlling the business or company. And in the reality there is no person who are getting rich just for being a college graduate and working of about 8-10 hours a day but instead of doing this you can look a job in internet or via bitcoin or cryptocurrency and build a own business in order to get rich. Just always remember that the people who are just dreaming of becoming a worker doesn't have any chance to get rich. In cryptocurrency there is so many works you can do just like bounty hunting, trading and etc.
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That’s so wrong, we need people to work, without them how do you get the food you have on your table? How do you enjoy the comfort on writing non sense over the forum? How do you have goods delivered to your doorstep? And your collection of anime stuff under your bed sheet.
1064  Economy / Economics / Re: Anyone else remember this? on: November 04, 2019, 05:42:39 PM
..

Wishing that they fail would for me is not the right move because the people who would be affected are your peers who manage to get in and they get their hope dashed while those capitalist who your grouse is really against have been settled because over the years they have made their fortune and build empires from their large bonus cheques they appropriate for themselves at the end of every year and they get to be better off should the company fail eventually as they can get another top role in another company while the millennials even bring their to their board because of their 'experiences' over the years as non-executive directors while the ones who play their cards right end up in political positions and committees to make policies that even affects you that don't give a damn about them and wanted their companies to fail in the initial place. So, what goes around comes around. Not everyone would work in a corporate environment and not everyone would mine at his basement.
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Want to teach us to be a moral fag who is full of positive values, and working toward the sjw mouth pieces? Wow that’s not how I see the world, I’m sure you’re trying to act like a saint and teach the entire population to be compassionate human being, who should go to school, get a job, get married, buy and house and set for life already, what perfect fairy tales it’s, just like Disney land!


You sound pissed, and this seems like one of those angry rants that some old guy in his basement makes, no offense.

I don't think you truly realize how far technology has progressed and how popular social media is, and making youtube videos are. These Millenials you are talking about, are today's new movie stars, and no matter how you can spin it, they are making the most out of it.

Video games certainly have some issues (with addiction, and bad parenting mostly being the issues related to it), but our times are evolving, and technology is a huge part of it.
[/quote]
Neither are anyone of us have the full idea what’s up the last decade and tech advance, I hate to contradict with you, pissing on the fall of the once to be the giant of the America, I find it self fulfilling, compare to what they’ve lying about on the news paper, I find it a lot less hypocritical than you may have imagine, or it may be too clouded for you to figure out. God bless.
1065  Economy / Economics / Re: Anyone else remember this? on: November 04, 2019, 05:50:05 AM
Savage bro. Well it is the truth though. Capitalists often fail to see the big things in life. They "assume" they see it but they have really limited view to the world. This was why most poor families stay poor, the rich stay rich.
Tbf, the millenial gen could be said the new eyes of the world. They dare to do new things and dare to think of new stuff. This could lead to pros and cons sadly but it should still be a good view onto the world dont you think?
[/quote]

The term capitalism, how many people can actually grasp the idea behind this term, I think it required a strong enough fundamental of some knowledgea, the first time I come around with capitalism, I don’t know what’s it, what capital? A town? A person? None of them? LOL. It is none of the thing we know. And I read more and more about capitalism mentioned in some books, or some dubious websites, it certainly the same with the first time I discover internet porn, and continue to digging it.

I had gone through some even more savage websites the past 10 years, but sadly you all wouldn’t have the opportunities to enjoy it again, because the entire internet is too well regulated, everything is removed so quickly that you can’t have a peek on them before they’re taken down.


Unfortunately this happens all around the world. The sad statistic is that the vast majority of people are selfish and put their own good before others. They would literally take down entire companies just to enrich themselves no matter how good or what the company has been doing for the well-being of the society. Greed is a powerful sentiment that only few can control. There is a saying: "With great power, comes great responsability" - most of us can't handle that power and use it for the wrong reasons while it could be exponentially more useful for the right reasons.
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No way, the power within the few top people have no match to the power with networked communities. They could be large conglomerate in real world, but they are nothing in the virtual world. I would like to compare brick and mortar VS online store, conglomerate VS communities, I think they share some common values.


Yes indeed. The fact is the internet world is more promising now in terms of income. We do not need to apply for jobs here and there which ultimately does not work. If they blame millennials for this, maybe their thinking is too old-fashioned, it must be upgraded.
The fact is that in my country, workers are recruited mostly because of relationships not because of good skills.
If I may be honest, in my entire life, even though I have never worked in a company. I earn money from the internet since graduating from senior high school until now.
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Do you know outsourcing? Many jobs are outsourced, company outsourced, govt jobs getting outsourced to the point that national security are leaked to the public, I would save the entire detail, you can check out the wikileak for more info, albeit I have little idea and what’s all that leaked documents, how about the infamous Edward Snowden, shouldn’t they blame them for exposing national treasures to the entire world, it’s akin to running naked in front of the public.
1066  Economy / Economics / Re: Anyone else remember this? on: November 03, 2019, 05:01:38 PM
now it is delisted from the DJIA index
GE got delisted from the Dow?  Wow, I wasn't aware of that and I'm not kidding.  They've been on that index forever, though I had read they were having some problems and were selling off some divisions.
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I think the drop from the index is finalised, I’d wait for more juicy news to how it all take place, cutting down staff, freezing pension for loyal employees, more in fighting, these are all just the tips of iceberg, the biggest culprit, there would be none.

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And by the way, lots of millenials start making stupid-ass Youtube videos because 1) they can earn a lot of money if they're popular, and 2) we're in the age of social media, where the younger generation in particular feels the need to share everything and to promote themselves as if they had a brand name.  One of the reasons why I don't visit Youtube much anymore is because of all the annoying professional Youtubers.  It's all so fake and self-centered and I refuse to give them more views.
I find more and more click baits on my watch list, since they start banning and imposing strict policy for video content, everything took a nosedive, to the worst, they would only accept good guy videos, any savage videos that contain guns, nudity, shaming and retard reasons are all gone for good.

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But I don't blame college grads for not wanting to work in the corporate machinery, not at all.  Making videos or mining bitcoin is so much better if it's profitable, and more power to 'em if they can make it work.
That’s hilarious, I hope it’s a joke, bitcoin is merely a in-game currency, similar to the famous “pokemon red/blue/green/yellow” in game currency which you can use to buy in-game potions/power ups, it’s not the same real and most powerful and the only real money USD claimed by POTUS, bitcoin is a fraud.
1067  Economy / Economics / Re: US Congressman: Facebook Should Adopt Bitcoin, Drop Libra Project on: November 03, 2019, 04:33:59 PM
That’s very sorry news for FB, their wish of having an independent crypto empire is rejected, humbled, and application on hold for TBA, then finally distorted into adopting to the enemy that they once want to ban it so badly that they simply deleted, removed, permaban any user who try to promote it on their platform.
1068  Economy / Economics / Re: Anyone else remember this? on: November 03, 2019, 04:17:15 PM
... can I finally have a good laugh? ...
If by good, you mean loudness over 9000 then I'm with you  Grin

[/quote]
LOL, that’s savage.


..

Good observation, these corporation can blame everything in the internet, with the advent of the internet, so many work from home are created and with the creation of Bitcoin and blockchain, anyone can now build a fortune in the comfort of their homes, the millenials and the creation of the internet and blockchain it does disrupt the cycle that;s been going for hundred of years.
[/quote]

It’s best to experience first hand, because everything is so clouded that now the entire story was so twisted to favor one side, the corporate, and no one can tell what’s going on.
1069  Economy / Economics / Anyone else remember this? on: November 03, 2019, 03:19:23 PM
Fresh graduate can’t land a job in corporate world, because the guy on the top don’t want to step down, the capitalist want to pass their position to their heirs, and their next heirs and next heirs, fresh graduate have no choice and they pull through it, they become basement dwellers, they play video games, they mine bitcoins, they make savage videos, they do everything else except go to work for corporate scumbags, a decade later, many corporates begin to crumble one by one, General Electric used to be the iconic Corp that top students line up to compete for the few top position, now it is delisted from the DJIA index and the scumbags inside the Corp are fighting among themselves for their self-interests, it gave me a unknown pleasure to know that more and more used-to-be the blue chip, the best Corp in the united state the land of freedom, began to crumble one by one, they blame the useless millennials for messing up the entire scheme, I know deep inside me, I want them to failed so badly, can I finally have a good laugh? I hope so!
1070  Economy / Economics / Re: I'll Contend: There's Absolutely Nothing Shady, Corrupt or Criminal About Tether on: October 26, 2019, 12:07:09 PM
Tether has been changing their stand within the short time frame of just two years, I’m sorry sir we aren’t so forgiveful for even one lie, when there is a first time, there will sure be the second time, they will continue to lie their way out of every profit they could accumulate, I’m certain that tether will eventually backed by nothing but a promise, remember federal reserve? We never forget we never forgive we are nobody.
1071  Economy / Economics / Re: China’s President Xi Urges Accelerated Blockchain Technology Adoption on: October 26, 2019, 10:13:33 AM
I’m not sure how the president got to know the term blockchain and whether he had the fundamental idea about the tech behind it, I think we can guide him to the right direction, may be having a lunch with president. That’s ambitious.
1072  Economy / Speculation / Re: Bitcoin price today ! on: October 26, 2019, 10:03:59 AM
Idk I have a mixed feeling, it tell me it is 2017 all over again, but I don’t really put up a high hope for it, the air is very different for the pump today, I think the price movement does tell something big is about to unleash, but I’m hodl, that’s the first thing to do right now, and also the last thing to do. If you ask me the TA, I can’t tell the pattern, it’s all contradicting, a clustered mix of bear and bull forming the chart, I does hope it’s in anticipation for the upcoming block reward halvening we’re all waiting for.
1073  Economy / Scam Accusations / Re: Threatening EXIT SCAM on POLONIEX or just worst service? *** WARNING *** on: October 26, 2019, 09:48:07 AM
It would be just another day and another crooked exchange. I swear ALL of the exchanges are here to rip us off, I’m talking to all major large exchanges, mt gox would not be the last fraudulent exchanges, there will be more in the future, and even larger than mt gox.😂
1074  Economy / Service Announcements / Re: How to buy a flat without difficulties on: October 25, 2019, 08:07:39 PM
How many btc to get a flat? Btw it’s wise to travel the world and showing off with photos to all your peers, “this is life” all over your profile, it would certainly get more attention.
1075  Economy / Economics / Re: Paper Money - The Greatest Scam on: October 22, 2019, 11:48:47 AM
I think paper money has better reputation than digital fiat paper backed money. The entire financial is based of blatant lies, scams, abuse in the entire human history.
1076  Economy / Trading Discussion / Re: Curious for places for trading Crypto on: October 21, 2019, 08:15:47 PM
Don’t brother with exchange, bitcoin is meant to be independent of any centralized service, and the reason exchange are much hatred also due to their retard procedure in processing user fund, kyc, aml, daily withdrawal limits, go offline service, frequent maintenance, exchange hack, also exchange are big bully to the entire crypto community, they existed just to take advantages of all of us and make a decent profit for themselves, I have never come across any exchange that didn’t try exploit its honest and innocent users, they all want to destroy you.
1077  Bitcoin / Bitcoin Discussion / Re: Stable coin - a threat to the international monetary system and bitcoin on: October 21, 2019, 08:07:53 PM
I’m always curious to know how a stable coin can f**k up just similar to that fiat money, Nixon took away the gold standard and completely f**k up the dollar, a centralized stable coin, how would they recreate the same phenomenal.
1078  Economy / Economics / Re: Millennial generation are screwed! on: October 18, 2019, 01:37:29 PM
Can crypto make millennial more screwed or otherwise? Let’s discuss!
You cannot generalize every millennial. Most may do such things like focusing on video games but not all millennials are like that, It would still depend on every individual may be it a millennial or not, if they're going to let crypto affect their lives in a darker side or a brighter side. If I'm not wrong, millennials are from early 1980s up to 2000s. So we can conclude that  a lot of them were still studying who still have no bigger savings. Others are still too young to know the essence of bitcoin and cryptocurrency. But we cannot conclude already that millennials are screwed since they (we) are the one who's going to spread awareness on bitcoin in the future.
[/quote]
It is perfectly fine to be general millennial, who want to act like any other generation from the previous gen? Do you see any gen millennial who act and think like their grand parent? Their grand parent do not play game, do not use internet, do not forum, do not shop online, but they frequent physical brick and mortar, dine at star bucks, use the Nokia dumb phone.

===

So much hate towards millennials, i wonder where it's coming from?

Don't know why but i feel that all this hatred towards is going overboard. There are also lots of things that can be said about baby boomers or non-millennials but if you try and see beyond those mentioned by the OP, you'll also see some good things that millennials have done. Also, spending and buying more bitcoin is good right? At least for us bitcoin investors.
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Of course it is good! I can’t say the same for the rest of the society, they will tell you, they support POTUS, where USD is the only strongest currency in this world, no Libra no bitcoin, no nothing.
=====



They basement dwellers

The next generation will be even worse. Millennials started the trend but Generation Z is taking it to the next level:

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  • 68% of Gen Z males agree that gaming is an important part of their identity.
  • 91% of Gen Z males regularly play video games, only incrementally higher than Millennials (84%).
  • Similarly, among both generations, the stereotype of gamers has eroded. ‘Gamer’ no longer conjures the negative affiliation of a lazy guy in his parents’ basement.
[/b]
  • 84% of Gen Z and Millennial males say it is cool to play video games, and 71% agree that they would call themselves a gamer.
Big part of them are mobile phone gamers, I think think game on the public place, where they could have better signal reception, their parent basement can’t have all the goodness from 5G connectivity.😄


They deep on student loan

They no saving

They have no job security

These are really interesting times. Millennials are the first generation where the economic prospects are decidedly worse than the previous generation. Generation Z will be the 2nd. The kids I'm around seem more aware of this phenomenon than I ever was when I was young.
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I was having seminar with some of the youngest mind in the generation z, base on their question raised during a faq session, I think it make sense they’re very well aware of the problem around them.

Now they spend more money on bitcoin than all generation!

That might be the only thing that saves them. Tongue
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You’re not sure it is a valid savior, of course I would tend to the opposite outcome, they could be screwed big time!


===

I've recently looked at a study that Millenials are a weak generation and that the next generation is going to be even worse. That's because the pain tolerance of millenials is WAY lower than the generation X. I agree that the majority of milenials are lazy and it looks like they have no ambitions. There are a lot of exceptions though, but wasting hours and hours of the day to watch Netflix or play video games is not a good sign at all. TIME is the only most valuable resource we have in this life and we should use it wisely. But, Bitcoin is definitely not a waste of time and I believe them investing in cryptocurrencies and seeing its potential is amazing. The young generations should look in the future and the next pass in our world's evolution is probably blockchain and cryptos.

The next generation z will have even longer life span, they may well live longer than 100 years old, with advance in medication, AI, self consciousness upload to digital realm and all, nope time is not valuable, it’s way more excessive with newer generation.
1079  Economy / Economics / Re: Millennial generation are screwed! on: October 17, 2019, 03:39:24 PM


Of course! Most see it as a form of recreation and technological advancements makes those games more enjoyable and entertaining than ever!
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They basement dwellers
Most are now in residential suites. Smiley
In case of Didi who sold the house, nope, it’s kinda sad to have exchanged it for bitcoin

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They deep on student loan
Most of them likely have car loans.
Credit card, car loan and house loan, study loan, what else we could missing

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They have no job security
Correct! But they are now more empowered than ever!
Job security mean a lot to a person, it save them a living in their late life, btw young guy may find it to difficult to grasp its importance.

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Now they spend more money on bitcoin than all generation!
Not true! Most likely they've saved more money on Bitcoin than all generations especially on 2017 bull run. Smiley
That’s a wild run, and most exchange are down following a two years of long term bear cycle, I wonder they have spent all their saving on their new gadget rent and fine dining.

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It never get bored millennial has been on the headlines since the god know when it all began.
Millennials are the stars of the century!
That’s too early to be entitled such luxury.

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Can crypto make millennial more screwed or otherwise?

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Seems like a double barreled question. I guess it depends on your perspective but my answer is no. Smiley

But come to think of it, most millenials are the driving force of today's economy example of which is Facebook's founder - Mark Zuckerberg and others who have contributed on today's technological revolution. So in essence, stereotyping millenials isn't a good idea.
Society may beg for a differ answer, they would still call them screwed into crypto, the most notable critics are the Oracle of the Ohama



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I do not think so, my friends who originally liked to gamble after he was familiar with cryptocurrency like bitcoin, altcoin or something like that he changed completely who initially liked to gamble is now a professional trader. precisely with the introduction of cryptocurrency to millennial the popularity of cryptocurrency is getting higher which causes people to be interested in it and unconsciously altcoin / bitcoin will rise slowly.
Your friend did a very good job in trading, that’s very fortunate. That’s sound plausible to gain more popularity.
1080  Economy / Economics / Re: Millennial generation are screwed! on: October 17, 2019, 03:10:48 PM
Quote

Can crypto make millennial more screwed or otherwise? Let’s discuss!

 for the other aspects, not all students have loans (at least in Europe), mostly parents pay for their studies, and students can not have savings because they are too young. It is true that they do not have job security, but this is problem for all age categories.

Student loan ranging $200k to $500k is nothing unusual, the sum of them worth trillions, that sound worse than the entire crypto market cap. Of course we have no idea what is the threshold to consider it’s too big to failed loan.


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They basement dwellers

They deep on student loan

They no saving

They have no job security

These all have the same causes: rising inequality in society, and the ridiculous inflation of house prices.
The rising of cost in the past few years are overwhelming! I’m seeing most staple food an increase of over 100% in just a few years, how to determine the real inflation with so many data to mess around??

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Now they spend more money on bitcoin than all generation!

Not sure if this is true or not, but it's plausible as younger people are generally more tech-savvy than older generations, and millennials probably have a bit more money to spend on crypto than do younger adults.
If they do spend more on bitcoin, then that might be their way out of the situation they find themselves in in the first set of points. Buying bitcoin is I think a good financial decision for the long-term.
[/quote]
My gut feeling tell me, no other generation can have more capable know how to navigate Internet and crypto so efficiently than this generation, that should sum up all the doubts.
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