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1221  Economy / Economics / Re: Nations should impose special taxes on oil firms: UN Secretary General on: November 17, 2022, 08:32:20 PM
Sudden change in the tax policy simply because few companies managed to earn more than their previous year is fair? And do you think increasing the tax for the four companies will be benefitable for the other people who is in need? If that much fund needed in reality then why not reduce the fund allocation for their defense an give a small percentage to the people who is in need! Roll Eyes
Oil companies really should be taxed so heavily that this industry gradually declines, and the consumption of oil and petroleum products decreases. Mankind, finally, needs to take care of its survival in a global sense and stop poisoning the environment and changing the climate. We need to switch to alternative sources of electricity and make them cheaper and more efficient. Only with such a position will we still have a chance for survival. But this requires a clear strategy of action.
Why are you wishing them to decline? LoL, I think that was a bad idea and it doesn't only affect the company itself but also the economy of one's country, so be careful what you wish for because it might turn into reality but there is also a chance for this to be real since there's also renewable energy that people can use such as solar, heat, wind, hydro and many more.

Electric cars are also being built up but they are kinda expensive at the moment so expect that there will still be a demand in oil or petroleum products. Oils aren't the only one that can pollute the environment anyway, but there are still many more and it will also depend on the people's actions so don't totally put the blame on them.
1222  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2022/23 on: November 17, 2022, 07:14:34 PM
The biggest weak point of Barcelona's team is their weak defense. One of the reasons why they lose most of the matches is because of their poor defensive performance. If Barcelona want to move forward, the first step they need to take now is the defense.

So what do you think is the problem with defense? Is it the poor quality of the stoppers or is it a tactical problem? Christensen and Alonso came from Chelsea, they know each other. They should have gotten a good fit. Since Pique retired from football, it may be necessary to get another central defender numerically. There is a new signing Kounde, and there is also Garcia. Actually they have 4 good defenders but they are not at superstar level yet. I don't think it's a big deal on defense. In fact, Barcelona was defeated only once in the league and drew once. They conceded only 5 goals in 14 matches. This looks like a pretty good stats. I can't agree with the view that it's a defense issue.
Right now after 14th rounds Barcelona is having the best defence in La Liga because in all matches they concede only five goals and having four clean sheets in five matches are still good now as time is running out they are improving and strategy is also doing good benefits which are very good there were few other issues but surely not related to this.

Currently, their biggest issue is debit which is surely hurting them badly, and they are trying to settle this, but things are not favourable specially as they are selling their shares from other subsidies mean their profit margin is also cutting, so hopefully they will have smoother system which will help to have better hands in this all case specially right now few good things are also coming with mostly they can end this season as winner because their team is best, and their bench power is also good.
1223  Economy / Trading Discussion / Re: How long do you think the market will take to recover? on: November 16, 2022, 07:18:22 PM
Market is not suited well and all the coins deteriorated in values and by speculating these bad condition everyone has just an option to hold and keep holding, there is no one who will desire to sell because by doing so they will have disadvantage of it. I hope these low values become end in next year and all coins reclaim and things will be normalize and stabilize again.
Some people sells coins during the dip market, because they have target, everyone do lament negativity concerning bearish market while some of us do make profit during bearish market, because because the prefer to buy and sell when the price rise a little, and secondly holding a coin during the bearish time have a major disadvantage, because bearish market can continue to exist for long time. So that's why some people buy and sell to with the ratio of little profit.
I think the one that you are talking about are the traders. No matter what is the status of the market, bear or bull, traders keeps on buying and selling only to earn something. Not everyone can copy what they are doing because it is hard and risky so some will just stick on long term investing.

The other advantage of being a hodler is that the profit that they will get are also bigger because all the coins that they accumulate during the bear market are going to be sold at one go. The market is showing some small recoveries from time to time but if what we mean is big recoveries like returning to the previous ath then I think it will happen next year.
1224  Bitcoin / Bitcoin Discussion / Re: Shell, enters Bitcoin mining and sponsors Bitcoin conferences on: November 16, 2022, 06:22:00 PM
I'm tired of listening to FTX and Binance drama these days and finally here's some good news.

The ecological imbalance threats of Bitcoin mining were the reason Bitcoin adoption becomes slow and it comes to mining and good thing it becomes green Bitcoin mining now and this big company firms find a solution to this which is totally good news. 

Let's hope other big companies will find another green solution of mining Bitcoin, this is a good step in Bitcoin adoption which start with a green process.
The FTX and Binance issue is still fresh so expect that many people are still going to talk about them but you don't need to join them if you are tired of the repetitive discussion. Meanwhile it's also fresh in our eyes to see a good news like the Op has shared because we noticed that 2022 is mainly full of negative news and that have greatly fuelled the bear market making the price more dumped as usual.

It's true that btc mining is the reason on why some countries ban btc and it affects the adoption rate but I think some only uses it as an excuse to ban btc but there might be other reasons behind the ban but let see if there will be a change later on, after this positive news.
1225  Alternate cryptocurrencies / Altcoin Discussion / Re: The bear market is your friend on: November 16, 2022, 05:02:25 PM
But do you know that the bear market is a blessing in disguise for every investors that is prepared and has been waiting for the dump ?
Investors who have been here for long, and already witnessed the ups and down of the market are the ones waiting for this season to fill their bags because it's a time to accumulate. But some investors who are lacking of knowledge and experience fear this current season because of the decreasing price of their assets, hence they're having doubts. Only those who can handle their emotions and able to hold until the market recover have the chance to become a gainer.

Anyway if you're going to buy now, make sure that you dig deeper since not all coins with cheap prices are good to buy at this time. Some of them will never recover for not having a real use case, in short a shitcoins.
Not only them but there are newbies too who are waiting for this dip before they enter. Don't underestimate them because they are knowledgeable too and already did a research if how to be successful in crypto investing. This bear is a blessing in disguise for those who are not ready for this and are only force to buy but it is simply called as a blessing for those who know its true purpose. Even without a bear market, shitcoins do already have a cheap price so this bear shouldn't confuse us with them.

There is no need to prioritize them but we can always invest on them later on if we want to try our luck and gamble but for now, top coins are the ones that we must prioritize because they rarely drop like this.
1226  Economy / Exchanges / Re: What is now the difference with Ponzi platforms with cryptocurrency exchanges on: November 16, 2022, 09:54:36 AM
FTX had become the recent trend of fail exchange that lack strong team that will make a better exchange. We should know that their is a different between an exchange and ponzi scheme. Most exchanges that short down do not do so because they intend to go away with customers funds. This happens mostly because of hacking, bad management and other factors that can easily tag a company bad and we should not be happy when many had lost their funds without having a an that they will get compensated.
I think they have a strong team because if not then they won't grow and became popular but I think they got greedy and not contented on what they currently have. This is where they messed up with the users funds in hopes of growing it more bigger but they fail and now they are in this sticky situation. Once again, this shows that greed isn't a good quality to adopt with it.

What happened with FTX is intentional and not a cause of bad management. I heard hacking have also happened afterwards but there are rumours which says that the hack was intentional or an inside job. Many will say that FTX is not far from a ponzi but there are still other exchanges which are not like that. Users should only stay vigilant and don't store most of their funds inside a cex, just in case history repeats itself.
1227  Economy / Economics / Re: Do you like commission job or salary base job? on: November 14, 2022, 08:18:02 PM
whatever opinion is here I think it's true. Back again to the individual human mentality, where not everyone can take risks like other people, so if that's the case, salary is a good thing to do. but I personally tend to look for a safe point and then do a side business, so that the salary income I can use to meet daily needs, while the commission I get is to invest and maybe open a new business, until the time comes when I will let myself go as an employee and become an entrepreneur completely
The salary plus the hobby that you do for side income is the proof that most of humanity just wants to have their own business and do whatever they want instead of a salary based job. The idea of 9-5 is not appealing to anyone, and the idea of a boss that yells at you is definitely not one neither.

This is why I believe that we shouldn't be shocked to learn people just fail to do that or do not have the courage to leave. That means they cannot just have their own business, or freelance, they just get into a job and retire there because they are afraid. I have met with both kinds of people and none of the salary based ones were happy about it, because even the idea of going to office is not cool.
1228  Economy / Trading Discussion / Re: Here is my take on FTX case on: November 14, 2022, 06:33:31 PM
I'm sorry to say that, but you seem kinda delusional. Maybe repeating this "feel good" "everything will be alright in the end" BS helps you in any way. It definitely doesn't help me and I don't even have any coins deposited in FTX/BlockFi.
Do you really think that "financial institutions banks and funds" are going to step in an save FTX? Why? FTX is "hot garbage" at this point.
Why would a financial institution waste billions of dollars in order to save the investors of a "financial blackhole"? The banks aren't charity foundations.
Sam Bankman-Fried always seemed like a sociopath to me. I don't know why so many people liked him so much.
Saving is not the right word for it but buying is. They want to buy FTX and trying to re build it's broken reputation again to widen their business and to earn more profit because FTX is already a well known exchange but I think it's risky since there are people who likely built a trauma and won't trust the same exchange again no matter what the conditions they will do and worst is they won't also trust the other innocent exchanges and they permanently leave crypto for good. Maybe many people like sam bankman fried because he did something great in the past but now? Not anymore because of what happened with his exchange FTX and their coin FTT.
1229  Economy / Trading Discussion / Re: 5 Bear Market Mistakes to Avoid on: November 13, 2022, 04:28:22 PM
I think the biggest mistake we make in bear market is that we put all our funds in one go to buy digital asset when it starts recovering after crash hoping that market is oversold, and price recovery has started. Unfortunately, this recovery process is short lived and price slides down further and we are not left with any funds to do dollar cost average our portfolio. The best strategy is making buying in at least 3 steps by when you see opportunity on weekly or monthly technical charts.
DCA can be an optional strategy but what is wrong with what you said is when they invest in a recovering market. That's not a proper way to invest but we should observe first if the market is getting stable and it seems the bottom is already reached out. That should be the time for us to invest and not when it's recovering because that can only be a bull trap. Bull traps have happened many times during this bear market.

I just noticed that the op included short term investment but I think there is nothing wrong with that because volatilities are also active whenever there is a bear. It's always possible for us to buy low and sell after some small recovery.
1230  Economy / Trading Discussion / Re: Stop justify stealing exchangers Are responseble on: November 13, 2022, 02:08:01 PM
No one is defending exchanges but why leave funds with CEX when a better option exist one that gives you a better choice of been your own bank. No matter what reputation an exchange has it doesn't stop them from vanishing into tin air when the system get hacked. Cold wallets gives you a better option why chose hot. Not your coin, Not your keys
There are some who defend them. They have the same views with the OP and they think exchanges are innocent and shouldn't be blamed but for those who lost their money and those who see their portfolios decreasing, they can easily put the blame to the exchanges because they think they are the root cause of this issue but indeed that no matter what is their reputation it is still possible for them to turn out bad later on.

We already have a lots of examples about that so let us not be too confident on them. Only less people are only storing their money on the exchange because they also know that is risky unless if it gives them some benefits like they are earning a profit with it.
1231  Economy / Economics / Re: What is Inflation? A Crash-Explanation on: November 12, 2022, 03:55:01 PM
Inflation was killing me 2 years ago - I was jobless and was always wondering how I am going to come out of it- they I started working - working real hard.
No I dont get time to over things and I am trying to be financially stable - because crying over increased prices is not going to help only financial stability will
Even if you're not in a good place right now, don't worry too much. Take the time to find a job and stay financially stable Because inflation is a problem for many people.

The idea is to have multiple sources of income that you can use to protect yourself from inflation. Different sources of income will affect you differently in difficult times. The basic rule is to try to be in a position so you don't have to sell assets during an inflation crisis.
It seems he is now because he already learned his past lesson. For us who still experience a difficulty due to inflation, we can also follow what he did there which is to work hard. Not just hard but real hard. Means we need to do overtime, if not then we can do side hustles. That way we can increase our income.

Budgeting is also important even if he didn't mentioned it there because no matter how much money you have if you don't know how to budget, it will always be drained out easily. Investing is also a good counter measures in inflation and we don't just invest forever but we also need to sell our assets by the time we need it.
1232  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: November 12, 2022, 02:05:03 AM
My focus is on Liverpool this weekend and how the club manages to play tomorrow's match if I must predict the outcome I will say Liverpool will win with multiple goals difference just to make it as a welcome back package for Liverpool this season after their loss many of the matches.

Normally there is no reason for Liverpool to drop points especially when they are playing at home as we know Liverpool currently fall to 8th place
Of course this is not normal for Liverpool they have to try to stay in the top 4 therefore this is the right moment to get 3 points because Southampton is an easy opponent
For the total goals are sometimes unpredictable Liverpool can win 1 goal or even more than 5 goals like they did in the champions league.
Two back to back defeats against lower rank teams are surely big setback for them, but now they are back in good touch with win against Napoli in Champions League give them good confidence which is going to help for improving their form and position in league table match against Southampton is surely not easy as they are struggling and visitors are never been easy with having tag of giant killers as they hold leaders Arsenal even they were playing at home but Liverpool need to be careful and aggressive because now things are not easy and if they want alive their hopes for going into good position then surely they have to win this match with good margin which will help them for having good confidence and good position.
1233  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: November 11, 2022, 09:30:04 AM
It is time for Tottenham to start winning again. Leeds are not a serious opponent for them. They have a big dominance against Leeds in their recent head-to-head games. I know that Leeds beat Liverpool away not much time ago. But it is really difficult for them to do this again versus a big team like Tottenham as well.

I expect and hope Tottenham attackers to be very productive here and they should be able to get a nice win. Kane is already doing great actually. He has reached 11 goals in the league. I don't know if he can compete with Haaland for being top scorer. It is really difficult to keep up with Haaland.
Tottenham in yesterday's match they were very embarrassed because they had to lose to a team that actually didn't have good enough strength but the teamwork from Nottm Forest managed to beat a big club like Tottenham, I really hope this match against Leeds won't be a nightmare anymore and it won't disappoint many supporters because if Tottenham lose again against a small team it will make many disappointed.
I have been feeling their main focus is now Premier League, so they will be not embarrassed with this defeat things are not looking positive for them in Premier League, and they have to do good performance if they want to stay alive in top ranks which needs more dedication and positive development Newcastle United already topped them and now Manchester United is also creating pressure which could be challenge for them, and they have to do good in match against Leeds United as Chelsea is dropped badly, and now they are going to visit Newcastle United which can beat them and stay at third spot so Tottenham surely more focused on their current position in league and want to good.
1234  Alternate cryptocurrencies / Altcoin Discussion / Re: Will FTX became the second Luna? on: November 10, 2022, 05:26:50 PM
From 21,000$ to 17600$ in 24,hrs? I don't remember luna crash this bad or am I wrong? It shows that if CZ haven't decide to take over FTX the result will be more disastrous, this can cause the greatest crypto bubble in the entire crypto history.

At this point some people are still expecting more downside for FTT token but I still believe that the bottom is finally in, the fear and greed index just shows that we might be heading into another extreme fear but it's also a good opportunity to.

Remember, be greedy when others are fearful.
Yes you are right. Luna crash was the baddest of all because the coin grows huge and then it drops a lot after some time. Many people lost a lot thinking it was one of the safest coin since it was among the top coins last time. So the rumours are true that cz is buying ftx? This is sad but good at the same time as it can lessen the impact.

The collapse of ftt can continue because many are going to panic after hearing such negative news. They will think that this will be the second luna so they are now selling and avoiding it for a while. For those who are willing to take risk, then it's up to them but they should remember that we have other more safer alternatives out there.
1235  Economy / Trading Discussion / Re: Recent ftt ftx binance fud on: November 10, 2022, 04:52:56 PM
It's not FUD, but it's just people who panic without any sense. Actually you're don't need to use Binance or FTX if you want to trade Bitcoin, there's a way to trade Bitcoin by P2P trading or decentralized exchange. This kind problem wouldn't happen in P2P trading or DEX because the platform has no way to control our money. You can withdraw anytime and you can buy Bitcoin at anytime, no one will limit you except if you don't find the person who want to trade.
They won't panic for nothing but they panic because they are scared of what can happen with FTX, FTT and the CRYPTO MARKET. It's not a fud but its a real deal. There is a reason behind this on why this is happening but what I know is that fuds are only imaginary. They are not real but only use or being push to scare the people to do a certain action according to what the fudders wants. But, you are right there.

Even if Binance and FTX betrayed us, there are still other exchanges left, not just decentralized or p2p. There is Kuckoin, Houbi, MCEX and many more great alternatives. P2p and dexe's have an advantage but many people rely the most on cex.
1236  Bitcoin / Bitcoin Discussion / Re: What if she receives Bitcoin as gift on: November 09, 2022, 07:22:19 PM
I gifted my sister $100 worth of ETH last year when it was hovering around $2k. She also likes to invest on Bitcoin but wants to go all-in. But I told her not to because it’s very risky if she will convert all of her savings into Bitcoin.
My friend you are underestimating Bitcoins according to me. Your sister might have done a proper research before thinking of going all in with Bitcoins. Bitcoins have the highest marketcap compare to any other coins, and it’s limited in numbers, so definitely as the time passes it will become more valuable, and hence due to limited in numbers the price will go high. I guess your sister was thinking right, Bitcoins are always best for long term holding.
It's not that he is underestimating btc but he is only trying to be careful and he is right that we shouldn't all in our savings because btc value is volatile and that is our savings man. It supposed to be separated and not to be used in investing because it will be use in the future or for emergency purposes. It is more stable than btc.

Another thing on why doing all in is bad is because the price can possibly go down. It enables us to invest again for a better gain. Eth has an unknown supply before but now that it migrated in POS, its supply should be known now and it was now limited. This makes eth a good addition aside from our btc, if we are hodling for long term.
1237  Economy / Economics / Re: CBDCs Cannot Save Weak Currencies on: November 09, 2022, 08:49:50 AM
CBDC is just a new historical turn, the transition of money to another qualitative level. If you remember, at the beginning of civilization, existing money was provided with precious metal in it, then banknotes appeared, then a mix of fiat money and non-cash payments (now we are here). The next step is CBDC. This was driven by cryptocurrencies and blockchain technology. The essence of CBDC is total control over the movement of money and total state control over the money itself. Yes, and also the security of the financial system of the state! Because for example, CBDC solves the problem of counterfeiting, "financial attacks on the state", etc. actions.
Nothing else!
we are still in the early adoption of CBDCs. so right now the governments don't know yet the full potential or impact of its usage. but definitely, the tracking of CBDC is much easier than the usual physical fiat money. transparency is one of the things that this digital fiat can offer. but let's see how people will use this to their own advantage.
Yes. CBDC's are still new and a lot of countries didn't issue their own CBDC's yet. I agree on what @DrBeer said. CBDC's are just a fiat in another form. They are not a crypto or a new technology so government shouldn't expect a lot from them. If what they see in local fiat then the same thing they can also expect in CBDC's but the impact of it is going to be positive for those who are supporting fiats because this enabled them to have another option other than cards and other online currencies.

It makes their lives more easier. I don't think governments created CBDC's to save their fiat currencies but even if that is their motive then it won't work.
1238  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: November 09, 2022, 07:02:36 AM
That would be so difficult to get osimhen. There are some big clubs like MU, real madrid who have been aiming to bought osimhen as its performance with napoli shows how good him to be a striker in napoli. I see no chance for chelsea to buy that striker. Im sure that osimhen would prefer to join with real madrid rather than chelsea or MU. The performance from aubameyang doesn't look good since he was coming to the chelsea. The absent from reece james make him even worst caused by havertz can't do so well in the team work.
Chelsea with be extremely good with Victor Osimhen in Frontline, we need someone that can muscled defenders with his strength not the weak type that finds it hard to do so. Pierre Aubameyang and Kai Havertz can't work together because there's no good chemistry among them on the pitch, they play the ball separately and it's really bringing down the team. Reece James is the perfect man to deliver blues interms of long crosses into the opponents box.
In last four matches they lost ten points which are surely not acceptable because with these results now chances are declining for their presence into top for until end of this season and players chemistry is also not good this all happened due to sudden sack of coach Tuchel as he bought few good players but sadly not allowed to use them and now new coach is badly fail to settle things in this all situation we will be watch good number of changes in coming transfer window from them which will be helpful for Graham Potter because right now he is not able to handle players even these all are quality and skills are also amazing, but they need better strategy which is surely not working right now and it's the biggest issue for the management.
1239  Alternate cryptocurrencies / Altcoin Discussion / Re: It’s time people just fully accept 90% of the NFT space is a rug/slow rug on: November 09, 2022, 05:45:41 AM
If you haven't accepted this and either exited the space or are working on finding the next big project; there is nothing I can do to help you.

Most of the time the utility is party pictures from an exotic island. Cocktails and all.
I think those who haven't accepted that fact are either losing big before and are still hoping for a recovery or they have earned good amounts before and now wanting to earn more but for you op and to the rest, we are aware that nft's have existed long time ago but their hype were only disappeared and have returned few years later and now they are starting to diminish again. For us, that is enough and there is no big thing that can happen on the nft space other than a temporary hype.


I don't know if you mean it when you say that the utility of the nft's are just pictures or you are trying to say something? But there are nft's who have a real utility and they are the one's who can survive for quite some time.
1240  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: November 08, 2022, 08:40:11 PM
Harry Kane will be a good signing for Manchester United but don't think that Vlahovic will move to Real Madrid to replace Benzema
Man United are sure in a need of a new attacker to replace diminishing Cristiano Ronaldo so they can approach Harry Kane these will only work of Tottenham are ready to break the bank for some players.
Naturally, Manchester United caught his attention to Harry Kane because he was a good striker. And not only Manchester United, there are several clubs outside of England are also interested in getting it.
Harry Kane's compatibility level to fill the position of Manchester United striker in my opinion is suitable, but from one source that Manchester United is reportedly trying to attract the Bayern Munich striker who is in good performance lately, Choupo-Moting.
There is no doubt about Harry Kane quality so if clubs like Manchester United and Bayern Munich having attention its never been bad specially with current situation in Tottenham which is not good for the player like Harry Kane which is looking for winning trophies so having better club is his right we have news about Bayern Munich is already having him in their top targets for coming season but now with the arrival of Manchester United most chances they could be winner because we have history mostly top-rated English players never love to go outside their country so with this all hopefully he will also be having his intention into Manchester United instead of going into Bayern Munich Germany.
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