"It's Putin's fault that we are making so much money. Blame him. Not my fault I had  to turn my indoor swimming pool into a Scrooge McDuck style money diving vault, leave me alone!"

BP sees biggest profit in 14 years as energy bills soar
https://www.bbc.co.uk/news/business-62382624

Serious question to you then....What actually gives BTC a value in $...Be specific

Time for China to take this wicked old witch out and bring peace back to the world.

China could make show of force if Pelosi visits Taiwan - US
https://www.bbc.co.uk/news/world-us-canada-62386487

6 years of membership on these boards today. Also, 6 years since buying my first BTC today. Also, 6 years of hodling today (well.... at least for a great part).

How's it hangin' dudezzz?

Should've been here more often but times have been relatively shitty at FR1980's place in recent times. Have been following up on WO quite often tho and hoping to keep up and be more active again in coming times.

Hope you're all doing great. #nh

Please show where I say worthless?

https://www.911metallurgist.com/blog/the-cost-to-mine-different-cryptocurrencies-in-every-country


Cost of mining dictates the price, not the other way around.....Please read a book or something

NS1 was down indeed but not due to sanctions or boycott or anything it was down for maintenance. I don't think any maintenance was really necessary, more like Putin is now intending to freeze EU to death.  

"Nord Stream 1" gas pipeline (the largest gas pipeline from russia to EU) has resumed gas supply from Russia to EU on 21st July 2022 after it was closed for 10 days maintenence. The gas supply has been reduced to 40%.

Interesting thing is "Nord Stream 1" gas pipeline ran from Russia to Europe via Ukarine.

Gas supply to Bulgaria, Denmark, Finland, the Netherlands and Poland, are completely stopped by Gazprom since they refused to pay roubles.

As you said there are counties that are still buying gas from Russia but the volume is definitely low compared to post war situation.

The European Commission says retail electricity prices for households in EU capitals were up by 44% in May 2022, compared to May 2021. The highest rises were in the Netherlands (up 167%), Austria (up 122%) and Italy (up 118%).

So yes there is a crisis in EU as well as in rest of the world.

USA LNG supply has gone high because EU is boycotting Russian gas. USA LNG rates are also high compared to Russian gas. There is energy crisis in EU and that's main reason why Euro has fallen to its lowest in 20 years against USD.

It's a good time to be an American traveling abroad.

The value of the U.S. dollar has been at its strongest in years relative to many major global currencies of late— meaning travelers can buy more overseas than in the recent past.

Things are not good for EU and Ukarine for sure but USA and Russia are relatively stable in this crisis.

The problem is to bring all that shitload to Europe. Talked to one guy who's into LNG logistics. He said if all LNG carrier vessels would leave for US right now (which is impossible long term contracts etc) and will start transporting LNG to Europe they'd manage to bring 20% of required LNG before winter season starts. So yeah. Fucked.  

Happening with me these days. Inflation I'm my country I'd at its ATH.

This is just a pure coincidence. Russia is bad mmkay?!

Hungary warns of shift in world order

The West’s reliance on military aid to Ukraine and sanctions on Russia has failed, Hungary’s PM has said

The Russia-Ukraine conflict could end the West’s dominance and shift the balance of power in the world, Hungarian Prime Minister Viktor Orban has said. Russia launched a military campaign against the neighboring country in late February.

Orban argued that the decision to impose sanctions on Moscow and supply Kiev with heavy weapons de facto turned the EU and NATO member states into participants in the conflict, but ultimately yielded no results.

“Instead, today we are sitting inside a car with flat tires on all four wheels,” Orban said in a speech in the Romanian city of Baile Tusnad on Saturday.

“The world is not only not with us, but it is demonstratively not with us,” the PM added, arguing that, instead of thinking about gaining the upper hand on the battlefield in Ukraine, the West should now focus on achieving peace through negotiations.

Orban also warned that the conflict could easily put an end to Western supremacy and “create a multipolar world order.”

“We must try to persuade the West to develop a new strategy,” the PM said. He later added that the conflict “will end when the Americans and the Russians come to an agreement.”

I'll settle for a fair election in the USA, to start...

And have a fair election

I live in Russia. Most of Russian people were robbed in February/March of 2022. Those Russians who had western stocks / shares bought in Moscow and St. Petersburg stock exchanges lost everything. Those who had crypto were able to save their holdings, but crypto lost 2/3 in price since that time and it is not the end yet. I'm afraid crypto will go lower after Powell's speech at the end of this month and soon we also will have problems with stablecoins.