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1521  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: July 25, 2022, 08:50:01 PM
Frenkie De Jong has been under pressure to reduce his salary for a long time at Barcelona, and it's hard to survive these days. In response to the financial difficulties Barca is experiencing at the moment, Xavi decided to reduce Frenkie De Jong's salary by half. In order to be involved in Barca, the Dutchman must make an effort. De Jong is notable this season for not bowing to anyone. Probably he has the best legal representation advising him, as he knows his worth.
Again and again, the team's financial problems must have an impact on the player's salaries. Yes it is something that is difficult to do, but forced to do. As a result, players have to accept this harsh reality. Stick with a pay cut or decide to ask for a sale. Actually, many are interested in this one player, now we wait to see what will happen.
I mean players would definitely have a big loss when teams lose a lot of money, but that doesn't mean that we shouldn't really be shocked that they need De Jong to take a salary cut, it wouldn't really be understandable if we end up with cut for many players as well, not just De Jong.

We have a lot of players over 30 that has been playing in Barcelona long time and they will definitely be asked to get a lower salary as well, that would be a problem. If they keep going like this there won't be any players left that would want to play for them. I mean think about it, if the company you work for asked to take a cut on your salary, wouldn't you start looking at other places?
1522  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: July 23, 2022, 08:38:39 PM
All football players will experience a decline in performance as he ages, Messi has already passed the peak of glory during his career as a football player. Now he is looking at the remnants of his time as a player before deciding to hang up his boots. He is a bit lucky when compared to his rivals, PSG can give Messi the opportunity to continue to lift the title at the end of the season. While Ronaldo is struggling to get out of Manchester United, but unfortunately there is no club that is interested in using his services.
Messi was a great striker in Barcelona and scored a lot of goals, but after moving to PSG, he began to score much less, a lot of time between this transfer did not pass, he did not become much older. Therefore, I think that it is not the player, but the team. And if Messi could now move to another club, perhaps he would return his efficiency, and in PSG to realize himself in such a big rivalry not ease.
Messi wasn't a striker, he scored a lot of goals but a striker he was not. He is mainly a winger, or plays behind the striker, at the "10" position famously. You could check his positions in football manager or fifanad you will see that he is mainly a RW but could play at AMC position as well (attacking midfield center) and that is where he shines.

In PSG he played in the right wing as well, but he couldn't get into the middle like he normally would. That is not based on him or anything, that's based on how he is not used to playing with the other players there and the other players there weren't used to him, the more they play together the better they will be.
1523  Economy / Gambling discussion / Re: The characteristics of people who are addicted to online gambling on: July 23, 2022, 12:59:54 PM
It could be fair to say gambling, crime and drugs are wealth building strategies for those who lack better options.
Gambling is considered as wealth building strategy. I personally do this. As I don't have any additional source I find gambling as a way to build wealth. But, the reality is different. It will make the luckiest build wealth whereas the majority will ruin themselves. I've restricted myself several times, but the need triggers me and I once again participate to loss what I earn.
Then, my friend, you are addicted to gambling and you need help. I am no trying to look over-smart here but I have been through a similar phase in my life and I can relate to that feeling when you need money and you gamble in hope of winning. The biggest problem is that when it works and you actually come out of the crisis through a big win, you just get more addicted to it.

Crypto casinos don't have any awareness team who can help you if anything they will want to take the last penny from you. Most casinos don't even have a deposit limit and you can always create new accounts so that doesn't even matter really.
1524  Economy / Trading Discussion / Re: AI prediction/forecasting for Bitcoin and crypto trends on: July 22, 2022, 05:56:23 PM
Okay let's test next day forecast for some time, I'll post daily predictions for the next day and make table to track the results. Will post in form of screenshot, so it is not editable after the fact.
Results will probably be worse than multi day prediction, but let's test it in real time.
If forecasting was really a way of making money in the crypto space, then we could also say that the crypto space has been converted into a gambling ground where anyone can just come in, make predictions, win a certain amount of money and leave the market.

But, whatever happens at the end of the day, I am not against you posting results tested in real time but believe me, a natural market can change predictions that may not be on target. I had multiple experiences with lots of analysts but no one stayed accurate for long period of times; not sure how one analyst needs to update themselves according to market conditions.
1525  Economy / Trading Discussion / Re: The cryptocurrency market is currently a hot spot for whales. on: July 22, 2022, 10:51:18 AM
Whales simply use it as a playground. Even if there is a crash, you cannot rely on price movements. When there are liquidations for longs and shorts, the market takes a big swing to screw as many people as possible.
But, what is your point? Do you mean that manipulations by whales is only applicable with crypto markets? Or, crash and sudden pumps are happening only in crypto markets? Every market is a playground for those traders who are all able to withstand against high volatility. The level of pumps and downs in cryptomarket might be a minor factor why most whales enjoying the crypto market. It means already cryptocurrencies are too volatile and when whales add another layer of manipulation then we experience extreme conditions with almost all cryptocurrencies.

Like people do mention, those whales will get vanished by losing the power for manipulating when crypto markets are becoming too big for them to move it on their preferred direction.
1526  Bitcoin / Bitcoin Discussion / Re: Bitcoin limit supply on: July 21, 2022, 09:55:01 PM
First of all, I wouldn't expect a base layer to be able to handle fast and cheap transactions, because (1) it is seen as a settlement layer like Fedwire, which is also a very slow system used to transfer considerable amounts of money between central banks, and (2), at the same time, bitcoin needs to be slow to sustain decentralization and censorship-resistance through the distribution and increased number of full nodes.

Second of all, the bitcoin block is limited in size and mined roughly every ten minutes. The former implies intense competition between users to get into the closest possible block and, therefore, growing transaction fees. The latter implies that no matter how hard you try and how much you pay, you can't get your transaction to confirm faster than miners can solve the mining puzzle.
Changing a whole system that is a trillion dollars worth is not something that would make sense right now. If you were to do something like maybe 6-7 years ago that would make sense but right now its not going to make anything at all, not going to make any sense at all.

This is why I have to say that limit supply is not something that will change. Miners are set for a certain way of working, and having a proof of stake at ETH for example has been something that has been going on for many years, leaving that aside we are talking about something that barely could end up with even something close to bitcoin levels, that is just way too much and can't happen for the time being.
1527  Alternate cryptocurrencies / Altcoin Discussion / Re: Why are people still buying XRP? on: July 21, 2022, 03:09:05 PM
...It has been popular. So regardless of it being shitty and is facing cases, it remains within the choices of many innocent users.
Until the judicial investigation is completed,  a large investor will refrain from buying this coin. Those who buy XRP now expect a quick profit or are confident that the judicial investigation will end in favor of the issuer of XRP tokens. In this case, it is necessary to take into account the fact that this trial can last for years.
Even after that, why invest into something that hasn't shown any improvement during the last bull market? Think about it, everything broke its ATH during that period and XRP still has its ATH sitting in 2018. This should be good enough reason to realize that you are not going to get anything good out of this.

I understand that it is a coin that has been around for a long long time and that is why people are investing into it, because they trust the history of it. But currently, there are much better coins and you should start checking them out. Trusting a company and two guys to make you rich makes no sense to me, it is the worst possible way to invest in a decentralized market filled with decentralized projects.
1528  Economy / Speculation / Re: Anyone bought Bitcoin/altcoins already? on: July 21, 2022, 09:44:54 AM
If yes, do you want it to move up from now onward?
I want to see how many people want a strong upward movement.
You can expect whatever market movements based on your investment positions like if you have not invested yet then you might be expecting lower lows to happen and if you have already invested then you might be expecting reversal of market to see your positions in green. I mean our expectations cannot do anything to do with market sentiment.

Because, 50% of investors will expect one direction of market and another 50% will expect the opposite of that. When 2% of one such group join into another group, then market will move on that direction. Yeah, we need to be on the group which consists of more than 51% of investors to expect our preferred market direction to happen.
1529  Economy / Speculation / Re: Bullish VS Bearish on: July 21, 2022, 08:54:37 AM
The development of the world economy and the potential for a recession is indeed very interesting to follow, especially in the crypto market in this case BTC.
In my understanding, crypto market especially bitcoin market is independent of world economy as bitcoin got its own set of criteria to get into bullish and bearish trends. Overall, we cannot ignore all the aspects of world economic movements as we have seen how start of pandemic effected into crypto markets. Yeah, in my opinion, the ongoing bearish market of crypro markets is purely due to its own set of criteria.

There are many views from some financial analysts, analyzing the value of BTC will fall to US $ 1,100 price and some say Bitcoin is very bullish going forward.
You have missed that many analysts who predicted about reaching zero value as well for more than decade of time. In my view, bitcoin market already bottomed out. Otherwise, we may have another stronger round of bearish market still which may not break the low of this year.
1530  Alternate cryptocurrencies / Altcoin Discussion / Re: Best blockchain to create stablecoin ? Any ideas? on: July 20, 2022, 09:58:21 PM
I want to create usd or gbp eur stable coins.
Is tron best option ?
Also how the exchangers will add my stable coin their ecacnger like usdt or usdc ?
You can create a smart contract by Ethereum, Binance Smart chain or Tron.  There chain are much popular and it can create a high quality smart contract with high security.  and any exchanger can added your peg on there exchange by your creating smart contract.  it is easy to create a altcoins or peg but it is difficult to keep your coin price stable
I would say tron would be "best option" in this case because if you are dealing with stablecoins, you want as little transaction fee as possible. I do not disagree with your ERC20 approach, it's still used a ton, many people do, but to things such as USDT because they are already giants, I highly doubt things that are starting brand new would get in that easily.

Secondly and most importantly, stablecoins would work in multiple chains and without a problem. I can send USDT to someone from erc20, bsc, trx, and many other chains, why? Because everyone does agree that it's something that works and trust it. This is why it's definitely something every new project should aspire to be.
1531  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Luna Classic - Thoughts? on: July 20, 2022, 08:20:23 PM
I have invested £150 into Luna Classic since their crash which is a gamble I know but is a gamble I am happy taking.

Would be interesting to hear what everyone's thoughts are on this.

Do we think it is over or is there a possibility of recovery?

Some people are saying £1 is possible but I have 3 million so even reaching a penny would be great for me.
£1 is definitely impossible, it will need to be 10.000x of the current price, even a very good project have difficulty to make that. Moreover the dev will be more focused on Luna V2 there is no reason to buy Luna Classic right now. I bet you ready to lose your money, but if I were you I would sell all of it immediately then put it into some better project.
Unfortunately there are too many people who put their hopes into stuff that they shouldn't. Reality is that we are not in a situation where it could be considered a situation where it's looking like a trouble. At the end of the day there isn't anything we could do to make Luna classic to go back to where it was, not 80 dollars, not 1 dollar, not anything close to that.

It's definitely a big problem and that is why I need it to get better. If we are going to end up with something difficult, then at least let it be something that has a future potential, not past problems. If something is low, and you hope it goes up, it should be a newer thing, not "once it was good, maybe it will be good again" thing.
1532  Alternate cryptocurrencies / Altcoin Discussion / Re: Am I doing the right thing on: July 20, 2022, 08:53:12 AM
I think you better have some bitcoin in your portfolio, I agree with you that altcoins are more profitable than bitcoin but the higher the return, the higher the risk so you should not invest all your money in altcoins.
More precisely half of the capital is invested in BTC for long term portfolio, I have bad experience have invested all capital in altcoins (besides top altcoins) for the purpose of double profit but everything was not as expected and even suffered high losses. Now my investment focus is only on BTC, ETH and BNB.
I also have similar thoughts, I don’t see why anyone would want to start investing money in cryptocurrency and will decide to go with the altcoins first. It is never possible because a good number of the altcoins are purely dependent on the performance of bitcoin, so if bitcoin is doing badly and you decide to start up with the altcoins, you are going into a huge loss because they do not waste time to dissolve after suffering some harshness from the bear market.
1533  Bitcoin / Bitcoin Discussion / Re: Bear markets are for building on: July 19, 2022, 09:32:38 PM
For last few days we have seen very good movement in bitcoin price. Some people think that we are near the end of bear market which may not be the case. Bitcoin might dump again after reaching a certain point.
There may still be times while we can build our portfolio in this bear times. Accumulate as much as you can before the bear market ends.
Look at previous bear market cycles, it has never ended so quickly. Its essence is to wear out the holders so that people lose faith in the coins they have and sell them at the very bottom. When this happens then growth will start again. But I think that this should not be expected in the near future, this may still take a year or more. The main thing to remember is that after a fall, growth always comes, you need to believe and wait.
One big exception for this was the 2021 one. In the April of 2021, we reached 64k, and during the summer and September we dropped to a bottom of under 30k price, and then we reached 68k during October month. So that in a span of 6 months we broke ATH, dropped more than half, then broke the ATH again back to back. This was of course exception and not the rule.

Normally it takes a bit above a year to reach there, which is why I am expecting so much from the October-November-December trio, if we ever start to recover and go to an insane price, then that would be those months. I am not saying that it will have to be like that, but it does have a good chance that it could happen during those months.
1534  Alternate cryptocurrencies / Altcoin Discussion / Re: Just my one cent advice on: July 19, 2022, 09:05:33 PM
Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example, I think new projects will replace lots of top altcoins in coming years and my advice to young investors is to find new projects to mix with their portfolio, remember that Matic, Polkadot, Avalnache are once all new projects in 2018/2019..
You sure about that? With hundreds of new coins/project that's coming out every now and then it's very hard to choose from it to mix with your portfolio. Those you have mentioned is not a guarantee as well, regardless of how much money this specific project has being poured with finances. It all depends if it sells to the investors. Lucky are those 2nd set of alts you have mentioned for making it to the top. However, it won't easy to find them in the early phase of their project.
This is true, there are way too many new projects and people will always have a hard time figuring out what they will do with them. I mean think about it, we are talking about a scenario where you will have to pick one good coin among 100 other bad ones, that would be very hard to do. I know it's not going to be impossible to handle, but it's not going to be something I would feel comfortable with.

Crypto is a very difficult thing if you go lower in the ranks to try to find an investment. I mean btc and eth are good for example and at least we know they are good and will be good, the more you scroll down the harder it gets and that's the trouble, we shouldn't really be focusing on that at all.
1535  Bitcoin / Bitcoin Discussion / Re: why is bitcoin price important? on: July 19, 2022, 08:36:35 PM
Anything without value doesn't have demand. This is the universal fact. With cryptocurrency there is big technology that is backing the entire network. If a survey is taken on this, we'll come to know that not even 10% know about the technology. Everyone are here looking upon the price it has reached in the short time period.

Users at the beginning days doesn't think much about the market, but then they wanted the market to be bullish forever. Now, users have understood this is part of the market. In such a way slowly they'll understand the real value than the price.
Value and price are different things. Bitcoin if you ask me is undervalued right now, but the price is around 20k, I believe it should be at least 50k probably 100k. The value of it is how you use it, like why is it valuable to you? That's the question.

And for the bitcoin case, from global payment ease, to investment, to secure of value and many other things, bitcoin has an amazing value that nothing else could do all together all at the same time. This is why it should be a lot more valuable than right now but people keep forgetting that. This is also why I am investing into it right now as well, I feel like it's the normal thing to do right now.
1536  Bitcoin / Bitcoin Discussion / Re: why is bitcoin price important? on: July 17, 2022, 07:44:20 PM
I think a lot of people are not telling the truth when it comes to technology and blockchain. Especially because not only bitcoin has a blockchain, but other coins too. It's just that it was created first. Absolutely everyone is only interested in the value of bitcoin, only a few people need the technology, and a little more people use the technology in their daily lives.
I agree that it's definitely not something people use daily. 90% of the people in the crypto world end up using crypto because they want to make a profit, and that's the risk of bitcoin but at the same time it works very well for them too.

What I do not truly understand is the fact that bitcoin could be used for so many other things, and that's like just 10% of it. Worldwide money transfer is still better in bitcoin than anywhere else. Sure you spend a few dollars and some time to get it, so it's not good for payment right there to buy a coffee, but it's still great idea that you would end up with something very profitable when you are sending from one nation to another.
1537  Bitcoin / Bitcoin Discussion / Re: Would Bitcoin recover even if it fell to one dollar? on: July 17, 2022, 03:04:05 PM
I realize that it is worthless thought . Where I am always willing to take a chance if BTC goes down to 15k i will buy as much as possible for me. Here $1, it seems like a fantasy at this point. If world wars and epidemics come to the world and if money becomes worthless, then it can be seen as one dollar price per btc other wise it is impossible.
I'm not so sure that at least a small part of people around the world will not default to Gold AND Bitcoin if any major catastrophic event like a full-on world war would emerge. After all it is highly improbable that all the nodes would be stopped at the same time so the network will still continue to "live". Even in that case I don't think it will drop to such a low price.
That is literally what happened with the last one. I mean think about it, when pandemic happened that was a global thing and not bound to just one nation. What happened in return? We ended up with something that is marginally obvious to everyone and crypto got higher. Because, people ended up going into crypto instead of keeping their money in fiat. Fiat was getting printed like crazy and nobody really assumed that would be a good thing.

I am not saying that it’s the right choice or anything, it’s all relative. I personally prefer to do it for long term, and not just a quick run away from fiat thing, but it was still a better thing for sure.
1538  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it good to invest Dot for long term? What are your thoughts about Polkadot? on: July 16, 2022, 09:09:53 PM
And how much can the price of Polkadot fall? If 75% of the coins are blocked in staking and auctions for parachains, then this indicates that users do not want to get rid of this asset. Ethereum is staking about 12% of the coins, which is a big difference.
That is basically a show of force by Dot right now. However, what we need to actually handle currently is the fact that we shouldn't be really focusing on anything else. What this means is that we are in a situation where it would be difficult to end up with a problem, and that's just normal. What happens if people all suddenly decide to sell? Can you guarantee that it won't sell? How could you say that people will not start to cash out? We can't.

It means that all we can say about Dot right now is "so far so good" which is a good enough reason to invest, but not enough to guarantee anything to anyone. That's how I approach it currently.
1539  Economy / Economics / Re: Fashion Brands uses Blockchain Technology on: July 16, 2022, 03:11:00 PM
I don't get that need to throw blockchain at everything and see what sticks. It makes it look like it's this solution to everything type of tech and just sends out wrong messages. If it works for just one thing that should be enough, no? Or do we need to keep plastering it on any wall just so we can raise it's value?
I have seen on twitter - there are many artists, photographers who are selling their art pieces in exchange of NTF.
There is a huge scope - or maybe not because when I look at them they are not so expensive that people would purchase it (most of the time an ugly piece for)  such an expensive amount.
There are many people who are selling NFT's only to make money and they are not artists at all, and there are also famous artists, or maybe not even famous ones, who are just artists, and they make money from this as well. I met with one of them, dude was a guy who painted a lot until he met NFT, for over a decade and he said that he made more money in a single month selling his art in NFT form then he made in the past 10 years.

I agree that high inflation of course plays a role, but the peak of NFT period really saw some "real" artists make a ton of money as well. However, there are a ton who make like ape or gorilla or whatever and make a ton of money while being scammers too, so you gotta be careful.
1540  Economy / Economics / Re: How Will Investing Help the Economy of a Country on: July 15, 2022, 07:00:22 PM
In general, investing will move the economy of a country, just as there are investors who invest their funds to build infrastructure in a country, of course, from infrastructure development activities it will absorb a lot of workers so that the family economy can improve, after that when the infrastructure is operational, then there will be many benefits to support other economic activities in a country, and because it is more facilitated by infrastructure development, other economic fields will develop and ultimately make the country more prosperous.
It's not the responsibility of the people to invest into infrastructure, it's the responsibility of the government to do that. Even in the most liberal nations, we have hospitals and schools and roads built by the government. What could an individual do that would be the most profitable for the nation? Well, they could build stuff that hires a lot of people, and if you have a business that hires thousands of people and then they pay taxes on that? That would be very good for the government and the nation.

So, you need to hope to get rich as much as possible and pay your taxes fairly, if you get rich then your nation gets rich as well, hence it would be a win-win situation for everyone.
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