Imagine a situation where you have worked for your money and put in the bank but at the end of the day can't access them simply because your government decided that it would be the best fund to cater for development of the country!! That's the rude awakening citizens of the Henan village of China got.  upload pictures freeIn a bid to scare protesters away, People's Liberation Army tanks were put in front of the banks as the protesters were reluctant to leave the bank premises, furious that the bank had decided to turn their savings to "government investment". The use of tanks is quite similar to the case of the June 4, 1984 incidence at Tiananwen Square where students where killed while protesting for better freedom and democracy. With such a big issue trailing the government and banks, it would be safe to say that they have nothing to offer and are no longer trustworthy and once this is lost, citizens tend to look for other sources. This was probably what Satoshi saw and decided to create Bitcoin, because the integrity of banks will be compromised as technology evolved and they will try to cover all their tracks. With China not in support of Bitcoin hence individuals would have switched over to it, so how do they manage to guard against such an incidence repeating itself? https://www.india.com/business/video-china-deploys-tanks-after-top-bank-declares-peoples-money-investment-products-5526988/It is very disturbing to see that the Chinese leadership have never learned and are infact reverting back to much worse ways of handling their citizens than we saw before Xi Jinping. After first claiming that the savings products of these people were "investments" (which they may have been but they were marketed in a very manipulative way) they were starting to see a bankrun in other banks, which would have been even more devastating to the financial system of China and have now backtracked slightly by offering to cover, from state coffers, a certain proportion of the billions that were stolen by the individuals in charge of this company. |
|
|
|
The history of VARFootball’s first real brush with technology began at the 2014 World Cup, when goalline-technology was implemented into some of Europe’s biggest leagues. It came four years after the controversy over Frank Lampard's strike for England against Germany being missed by the officials: the goal was not given despite it clearly crossing the line. Frank Lampard's disallowed World Cup goal was a pivotal moment in the future of technology in footballGero Breloer/AP2010 VAR was used in a major tournament for the first time in 2017 at the FIFA Confederations Cup. In the same year, the Bundesliga and Serie A became the first of the world's major leagues to take the plunge with La Liga and Ligue 1 following suit a year later. The Premier League bowed down to the inevitable and implemented VAR in 2019. FOOTBALL NOW is a new show that brings to light some of the global game's biggest issues, challenges, and debates. VAR. Like it or loathe it, it appears to be here to stay. But has it actually made football better or has it added another unnecessary layer of complication to the beautiful game? COMPLETE Source HERE As someone who only casually watches football it's a tricky one, because like anything in life it hurts when the result goes against you but does instill a level of fairness (or at least fairly strict adherence to the rules) that could never be verified quickly before. However it doesn't solve every problem, as we can see situations where a player who is offside but not impeding the other team when a goal is scored still being up for debate. It does allow for and encourage better play, because players know that they will most likely be caught out in any malicious decision making. Is that worth breaking the flow of a game? I think it might be, but it should only really be implemented in the real top tier leagues. |
|
|
|
I recently read an old article which was published on June 22, 2022, even though the news might be a little outdated, but I feel that this article can be a reference for those of us who have difficulty getting or paying tuition fees.
Although he market is currently in a state of crash and this makes many investors suffer losses, but on the other hand according to a survey conducted in America, many correspondents have actually succeeded in educating their children by investing in crypto, according to a survey conducted by online media Intelligent.com, as many as 1,250 correspondents have been tested and the results are almost 87% choose to invest in crypto as a means to save tuition fees.
Most of these strategies can yield sweet results in the midst of the crypto market crash as it is today,like seen in some of the graphs below:
I tend to think that these sort of studies are usually very narrow and could potentially be targeting a small group that is maybe not very representative. For example, if the poll is mainly advertised for respondents on a small business forum then it might attract responses from people who are already wealthy and have some slack to re-allocate money outside of conventional investment solutions. There may also be a degree of dishonesty involved, even if it is self deception, or it might be old data that does not take account of the fall from all time highs which might have converted most of those gains into negative equity. Unless people sold out of their holdings at opportune times or made small amounts from big inputs, then it's hard to believe people have made big amounts unless they kept money in for several years. |
|
|
|
This is in reference to a newbie thread in the gambling section about his list of casinos that surprisingly are not on this forum, there are too many of them some of them are already running 5 to 20 years already. So I would like to ask are you playing in casinos that are not on this forum, if so what are these casinos and how's your experience can you recommend them here, can you name your own list If you're referring to crypto based casinos then there would probably be a good reason that they are not discussed much on this forum - they're probably not a good or reliable place to be playing in. Every big cryptocasino would naturally gravitate towards advertising or at least freely promoting themselves on the biggest discussion board for Bitcoin, so be very wary if they are missing. Besides that, I only ever use fiat currency casinos because I don't tend to keep much in crypto and would not want to spend it on a crypto casino. It is very easy to set up real looking casinos, or even white label clones, but do not be mistaken for thinking they are big or independent operators. |
|
|
|
The most promising future energy, cheap, abundant and that may eventually be easy to produce is hot fusion energy. https://www.iter.orgFusion, the nuclear reaction that powers the Sun and the stars, is a potential source of safe, non-carbon emitting and virtually limitless energy. This is not science fiction or, for that matter, a scam token. There are a number of projects around the world delivering quite promising results and all the citizens that have a say on how the money of their governments is spent should be demanding more funds to free humanity from fossil fuels and all the wars and climate problems that it brings. A year ago: https://www.theguardian.com/environment/2020/jul/28/worlds-largest-nuclear-fusion-project-under-assembly-in-franceWorld’s largest nuclear fusion project begins assembly in France
Project aims to show clean fusion power can be generated at commercial scale An now another opportunity to make this happen https://www.newscientist.com/article/2327239-design-work-starts-on-european-commercial-fusion-power-station/Design work starts on European commercial fusion power station
The EuroFusion consortium hopes its DEMOnstration Power Plant will take fusion power from the lab to commercial electricity supply by 2054 This is what we should be talking about and demanding from our leaders, instead of fighting over dinosaur juices - making 2054 be 2034. It's great news that more research is being put into this energy source, however we should definitely continue to research further on the many different avenues of renewables out there. Improving solar, using hydroelectric dams (that are environmentally sustainable), making windmills that are more efficient, investing in wave power, looking at geothermal energy gathering improvements, even nuclear power is relatively clean - there are so many different options out there that we should be encouraging a variety of sources away instead of putting all our faith in one. We're still in the infancy of all this technology so it'll be great when it is powering every grid around the world in a much more sustainable way. |
|
|
|
Gambling is part of Chinese culture. It is seen as the right way to test luck, especially on holidays like Chinese New Year, as well as to get rid of bad luck. I was quite surprised when I read this article for the first time because they gamble not for money or pleasure but because of the culture to test luck. this does sound funny but what do you do if it turns out that your culture requires you to play gambling? As with many things in life, it can be hard to break out of the environment in which you are raised and the only way to do so can be a well rounded education. However sometimes you can end up in a tricky situation, where you can only receive that sort of education if you are brought up in a stable home - potentially with access to things like holidays which broaden your perspective, a school system that supports all types of learning, and a family that is supportive. In most cultures, being lucky is regarded as an obscure curiosity that people generally put little faith in, from what I've seen in China it is an all encompassing part of their society - almost their religious belief - which is one thing that Mao was possibly unable to stamp out when purging religion. It is a dangerous and silly trait which actually means they overlook a lot of important factors when planning anything at all |
|
|
|
Investing is Widespread now in the Society such that the Inability of not Investing, is Paving a room for not Benefitting from the Outcome.
And Right now Investing in Crypto is a yardstick of measurement and has created an opportunity that's reliable and trusted..
But I really can't tell how thus Investing in The Economy will help one's Country.
"Investing" in the context you describe is the very act of purchasing a portion of a company and expecting the management to turn a profit on the resources that they have available to them. If you buy a share in Coca Coca, one of billions of others, you own a tiny slice of that company - which has many bottling plants, intellectual property, highly skilled staff, excellent trademarks among many other assets. Each year it makes a profit, which is distributed to the shareholders, employees and management through various means. By owning those shares, you trust that the management in place are doing all they can to effectively place the company money into profitable enterprises to at a minimum sustain current profits and ideally to seek out growth in profits. This will normally mean efficiency savings or potentially expansion that creates new jobs. |
|
|
|
This post is based on the article published on the source: Source The source explores how around 49% of the users would deposit more money based on better withdrawal options. Apparently, the survey conducted by US firms explored various areas that stands really important for people. They explored a new idea where having a player, having a traffic doesn't necessarily mean that the site got a new player, they generally didn't account it for until and unless they have made a ' Deposit ' Which necessarily improved when the Gambling platforms had more withdrawal options, things Like: PayPal, Debit Card, Online Gambling, Cash app, Gift card etc. Having the freedom of having so many options improved the players willing to deposit money by almost 49%!! This is certainly something that the Gambling companies do have to look into since this will go long way, thus changes needs to be made, What do you think, how important this option is for you? I think in reality a lot of people are willing to sacrifice and even jettison privacy concerns if it gets them access to gambling sites offering the best range. We see people posting all sorts of nonsense and private information on public channels every day, so there are few barriers to it any more. You'll find a lot of Bitcoin or crypto based casinos have transitioned to accept all the payment providers that you listed, however with that comes an explicit requirement that they collect the correct know your customer documentation. This creates a bit of a paradox for many players, because converting fiat into crypto to play at a crypto casino just adds an extra unnecessary step with fees taking a chunk of the playing money too. |
|
|
|
The government of Finland reportedly sold 1,900 BTC worth $47 million Finland has offloaded 1,900 BTC that was seized from drugs-related crimes.
The country had announced the plans earlier this year, and was seeking two crypto brokers to assist with the transaction.
Unfortunately, the delays have caused the value of this Bitcoin to fall rather substantially — with a final selling price of about $47 million.
Finland says that the cash is going to be donated to Ukraine, in what will become the biggest crypto-related contribution that the country has received.
https://coinmarketcap.com/alexandria/article/finland-sells-1-900-btc-and-says-47m-will-be-donated-to-ukraineSo this is for a good cause after all, they wanted to help Ukraine in it's war and I think majority of us didn't support the war. There is also a good thread by @paxmao regarding donations- Donate to Ukraine.It's definitely a very kind gesture and shows yet again the amount of love that Scandinavian countries have for Ukraine in defeating Russia in this nonsensical war. As you say, it would have been nicer if they had been able to sell these funds when they were worth a lot more but it all helps. That is a large chunk to re-enter back into circulation and it seems like the criminals it was seized from will have no say in the matter. It would be nice to see all countries use these sort of seized assets in the same way, instead of potentially buying more equipment for their police forces and having a major conflict of interest like we see with some police forces in America. |
|
|
|
Beginners, or should i say Newbies should consider the proper approach when it comes to betting on sports, even while enjoying the sports, it is possible to make some profit if proper guidelines are followed, There are sure plenty of steps that you should pay attention to on how to make money from sports betting, But in this article, we are going to be discussing just a few of those steps.
1. Set Achievable Objectives
Most people who are knowledgeable about the sport will likely make accurate predictions when it comes to sports betting, However, it’s important to remember that winning a few bets is not as easy as it sounds, In order to make a profit, you need to consistently win at least a few games, and the only way winning consistently can be guaranteed is by setting an achievable objective, some gamblers are fond of wanting to win a million dollar in a single bet, and for this reason, they end up betting excessively, even on matches they shouldn't be betting on, doing this generally and massively reduces there chance of winning at all, if you have a target of winning a million dollar in a bet, start by consistently winning $5, $10, $15 to $20 dollars in a bet first.
2. Be Selective
Sports betting has become more appealing due to the variety of games and the number of ways people can bet on it, With the advent of online betting, online roulette games, we now have the ability to wager on virtually any sport, But this does not mean you should wager on all types of games, select the games you know you love and understand fully the ones you constantly follow and always updated on, betting on games you constantly follow and know the rudiments involved will help you win more bets than you loose.
You've put together quite a strong set of tips and this is good advice for somebody who is interested in gambling. I'd say that taking advantage of beneficial promotions can make a big difference to winnings. Depending on the bookmaker, sometimes great daily offers are put out there to entice betting and being able to distinguish the easy wins (maybe bets you can lay off elsewhere for guaranteed money) is key to success. At the very least it can help to offset a few bad days. Being selective is really important because it is easy to misjudge or misunderstand particular offers as well, like if you jump at a UFC bet for a player to win in round 1, without understanding that requires a outright match win or simply winning the round, could be a costly mistake. |
|
|
|
Usually people get anxious and frenetic for new sources of income, to find new jobs, so they can maximize their patrimony as soon as possible, but many of them forget you don't accumulate wealth only when receiving money or being paid by others for a work. We can also decrease our expenses and stop third-partying tasks we can do ourselves, so at the end of a monthly cycle we will have earned more money to invest and make it grow overtime.
People create so many worthless fixed expenses nowadays. It can be monthly subscriptions of services they barely use, eating out too often, purchasing superfluous clothes, accessories and items in general just for vanity towards the society. Sometimes people have all the tools they need on their hands to finish a solid building, however, since they don't know how to use them properly, it will look like they constantly need more and more tools indefinitely.
You do only earn from others, unless you are self employed which still relies on providing goods or services to others. You can increase your wealth more efficiently by not frittering away those earnings on frivolous or unnecessary things, this becomes part of good financial management. I'll definitely agree that large parts of society are caught up in the must-have-now and throwaway consumerist culture, which we may all have been guilty of at some time in life. There is a lot of unnecessary junk out there for sale, which in some cases are only used a few times before being discarded and was not worth the initial investment - impulse type purchases. It's a good idea to really think about every purchase, even down to cups of coffee - make it at home instead of spending 5 bucks at starbucks. |
|
|
|
I know that many bettors, if a sporting event develops in favor of their bet, make a counter bet - for example, they bet on odds of 1.3 and on the opposite event, the odds were 3.3. Then the odds changed 1.3 -> 1.1 and 3.3 -> 5.7. At this moment, they "fix" their winnings by betting on the opposite outcome with odds of 5.7. Or they use the option of selling their bet (cashout - some bookmakers have such an option), that is, they receive their winnings immediately, but less than if they wait until the end of the sporting event.
In my opinion, this is not a profitable strategy, since in this way you minimize your profit, but potentially maximize your losses - if a sporting event develops against your bet, then you lose it entirely without any compensation.
It's impossible to give a definitive answer on such a vague question. It depends on the strategy and the amount of gains that the end user is seeking. If someone is looking for at least a 10% return on their bet and they're able to achieve this, then it might make sense to lock in such a gain if the bookmaker allows this (aka a cashout). It's also important to be able to judge whether the bookmaker has potentially made an error in judgement with regards to their automatically calculated statistics - you might judge that a game you're betting on looks incredibly risky or tenuous, so it can be wise to cash out before the opportunity vanishes. It can be a profitable strategy but you need to figure out a way to be consistent for it to work effectively. |
|
|
|
The Federal Reserve has come up with plans to raise interest rates again after doing so three times this year. The Nation's Central Bank is expected to lift the benchmark Fed funds rate by 0.75 according to CME Fed watch The Fed have been raising these rates aggressively in a bid to beat inflation, with some expecting the economy to enter a recession. Despite the previous rate hikes, economists predict that this may not be the last rate hike for this year because inflation has hit a 9.1% since June and assets like the cryptocurrency have not been left behind. Cryptocurrency have been dubbed the "cure-it all for what ails you" as it has helped to curb inflation, low interest rates, lack of purchasing power and what not. This was all when it was in it's high tho. With the way rates are going up, is it advisable to buy and hodl or to apply DCA to buy at intervals as price keeps fluctuating? Fed rates hike link That is a colossal rate rise and the opposite of the slow decline to almost zero that we saw before Covid. It's a very confusing situation but in reality the governments around the world were very weak and allowed the rates to stay far too low for far too long - pretending that it was stimulus. When rates were low people and companies could borrow vast sums while having to pay back relatively little in borrowing rates. Central bankers stuck with the easy option of keeping them down until it became impossible not to raise them and the unpopular association that comes with that. Bitcoin has done none of the things you listed, it is simply a mechanism for storing or exchanging a perceived value and it has actually lost a lot of trust from the wider public in the last few months of price drops, it'll take a while to recover back. |
|
|
|
Online gambling addictions such as online slots, online lottery, etc. can ultimately destroy the lives of the players, both financially, physically, emotionally, and socially. The back and forth wins experienced by online slot gambling players, online lottery, etc., is what ultimately makes these players fall into addiction. The National Council on Problem Gambling (NCPG) in the United States estimates that bankruptcy, theft, domestic violence and neglect of children, foreclosure of homes and other investments, and even suicide are also link ed to gambling addictions such as online slots. The following are the characteristics of someone who is addicted to online gambling... There is always a desire to gamble with increasing amounts of money, to achieve what you want. Restlessness or irritability when trying to reduce or stop gambling. After losing gambling money, often comes back another day to get revenge ("chase" someone's loss). Forcing into debt and even committing crimes just to have playing capital, and relying on others to provide money to alleviate the desperate financial situation caused by gambling. Often gambles when feeling depressed (eg stressed, helpless, guilty, anxious, depressed). Are we one of the online gambling addicts...?  If we're specifically talking about people who are addicted to gambling, as opposed to a casual gambler, then there are some general traits but almost anyone could get hooked in reality. Now, not to sound mean about it, but the higher education you receive the more likely you are to be about the mathematical odds and psychological traps that casinos intentionally exploit to get you returning. Even super intelligent people can be susceptible and have blind spots which get them sucked into it. People who feel like they are bored or see little future in their current situation might be looking for a way to add excitement to their lives, and that little buzz of adrenaline they get from occasional winnings acts as a trigger in their mind. |
|
|
|
“Today in this country we have a fuel crisis, a food shortage, we have the head of the World Food Program coming here and we have several matters to discuss with the IMF,” Wickremesinghe said. “Therefore, if this government leaves there should be another government.” Saturday the 9th of July the Sri Lankan palace finally became the final point where everything broke and was unavoidable. The crisis that befell this country is getting more and more unstoppable, plus the impact of the pandemic and the death of the tourism industry due to terrorist attacks in 2019. Protesters burst into the palace. Sri Lanka's president and prime minister inaugurated himself and fled by plane. Some of Sri Lanka problems which I summarize as follows: - Debt swells to $51 billion
- Corruption has increased dramatically
- High imports to meet needs are not supported by exports to global markets
- Gasoline out of stock
- Breakthrough inflation reaches 60%
- Civil servants are not paid
- Power failure
- School closed
- Hospitals as health facilities are also collapsing
- Silenced freedom of speech, and
- People experience experiences from all sectors, especially the economy in supporting their daily needs (food, drink, clothing, and housing).
From this incident, a corrupt government that only cares about personal interests on the basis of ambition will lead to destruction. An unbalanced economic system and uncertainty about campaign promises are the main weapons. What do you think about the economic crisis in Sri Lanka? Unfortunately this is what happens when the majority of your population relies on tourism as the primary source of income, because that got wiped out and is only just starting to recover after years of Covid. The wealthiest countries in the world tend to be those are manufacturer either goods or provide valuable services, they have a strong culture of research along with many independent institutions, backed by a powerful education system passing along knowledge. Unfortunately it is very easy to govern badly and steal a lot of public money when you don't have all those protections in place. It looks like the spiral is only destined to get worse because the current poverty leads to even subtle changes like widespread deforestation when other fuel sources have vanished. |
|
|
|
Before anything else, I would like to define Blackjack as a game of skill or skill-based gambling game. Means we have more grasp on winnings the more skilled we are in this game. With this I happen to read an article Titled: The Three Best Blackjack Betting Strategies. I was somehow surprised when I see that Martingale betting strategy is one of the best betting strategies for Blackjack, I was kinda hesitant to believe it until I realized that BlackJack isn't a game of chance so it is sensible that Martingale Betting will give a better percentage in winning a gambling session. Here is what the article explains about this strategy. Martingale Betting Strategy
The Martingale System is a negative-progression blackjack strategy rooted in the idea that you, in theory, will always win eventually. In this strategy, each time you lose, you double your bet. And before you leave us here, hang on. Successful play of this riskier strategy could pay off big.
Here’s how it works. Say you started with a $5 bet and lost. You would then bet $10 on your next hand — and $20 on the next if you lost again. Eventually, after progressively making higher wagers, you are more likely to win, leaving you with a much higher payout than if you had bet a consistent amount.
Caution: this approach is best reserved for high rollers though. In blackjack, it’s not uncommon to have a losing streak of ten or more hands in a row. Without a large bankroll, continually doubling your bet to that degree could leave you with a wounded wallet. I am still hesitant about this betting strategy but my rationality thinks it is possible, at least martingale on blackjack is way better than martingale on any luck/chance-based games. How about you what is your thought on Martingale betting strategy used on blackjack? Is it effective for this type of game? Martingale is rooted in bullshit, it is false and only idiots regurgitating it thinking they've come up with some miracle strategy to dig themselves out of a deep hole would believe it. It ignores a fundamental fact that the house will always have an advantage in every game - or what would be the point in them offering it, they've got bills to cover. It also ignores the fact that you will run out of money long before the casino, so they can afford to keep matching your doubled bet until you run out of money. People projecting this garbage as having some shred of truth are the real hindrance to it being condemned to the garbage heap and utterly forgotten, as it should be. |
|
|
|
I will not mention any particular gambling casinos, but what are your thought if the casino or casinos with good feedback from the community, but with one unresolved scam accusation but from all angles, the accusation is legit with all the screenshots, transaction hash email conversation are provided by the complainant lets say he is not allowed to withdraw his earnings amounting to $100k but from all angles the accusation is valid, don't you think with thousand good feedback, its enough for the casino to lose his reputation with one legit accusation.
Once you have reached a certain "critical mass" with a casino it is pretty hard to go wrong with it, unless you were making a lot of shady moves to get up to that position too quickly then a solid reputation should be easy to hold. There are always going to be some legitimate complaints, sometimes glitches happen or even support staff make the wrong interpretations of the correct resolution (we all have bad days). In general though, if a sportsbook or casino has built a good reputation then they have little incentive to screw people over on things like withdrawing winnings unless they find abuse has taken place. They make plenty of money from the majority losers that the occasional winner is just accepted, calculated even, as a cost of doing business. |
|
|
|
Over the years, I have noticed that every time Bitcoin's price goes down other alt coins follow suite. And When the price of bitcoin increases, it’s expected that altcoins go up in price shortly after. Presently as bitcoin price reduced other altcoin prices was affected too. Fact is that Bitcoin has the most secured network and it was the first among others. No doubt some alt coins was made of bitcoins clone.
But being that a product can be the first of its kind to be made (just like Bitcoin) and other companies may decide to produce similar product;( just like alts) but that doesn’t mean the original product price and value will always affect others. So why does Bitcoin have such a big influence on other alternative cryptocurrencies.
Bitcoin was the first and that is likely to keep it as the primary cryptocurrency for a long time to come. People use it's price as a gauge and it usually has at least a loose correlation with all others as you've seen. Many people will use the price of Bitcoin to figure out which way the market is moving and if it's going up they'll start pouring money into other cryptocoins as well, hoping to find the next unicorn to ride. You try to associate logic to the movements and might be able to come up with some rough ideas, but it gyrates much like the stock market - it's using massive pools of information along with the prevailing emotions of every buyer & seller at any particular moment. |
|
|
|
After the global epidemic that started in 2019, there were problems not only in football but also in all sports branches. However, sports branches that appealed to the audience live, such as football, were more affected.
Even if normalization begins towards the end of last season, we are getting ready to enter a season that we can call normal.
In this process, especially for football, I think that the big teams lose more power in general. Because supporter support is one of the most important criteria. This season, we will have a more normal season and I think we can watch better matches. Of course, we may also be entering a more enjoyable period for betting.
The majority of the world is now well out of the Covid era and back to business as normal - well, with all the financial pressures surrounding inflation and broken supply chains factored in. I'm not sure your last statement is true, I think the biggest teams will always benefit from the normal situation because they get the most exposure on places like TV which generates even more fans further down the line. Even places like Wembley stadium have been back to normal with full capacity for about a year now, so we're far past that point. It's a bit unfortunate in some respects, like Covid caused an interruption to the never ending cycle of bigger player transfer costs and wage packets. |
|
|
|
With the crypto winter and BTC prices looking bearish, Tesla CEO and Space X founder, Elon Musk has shipped off 75% of his shares in Bitcoin. This news comes as a surprise after his proclamation in March where he was adamant on selling his coins. Tesla had about 42,000 bitcoins at the start of Q2 but had to sell off the majority of its coins at $29,000 From the 2nd quarter report gathered by the company, it was revealed that the coins were sold for $963m and still has a reserve " digital asset" left of about $218m should he see the need to sell off. In February last year, Tesla purchased a whooping $1.5m worth of crypto and this move helped to push the value of BTC and enthusiasts labeled him the de facto "crypto leader" but that status quickly changed the moment he renounced the acceptance of BTC as payment for his goods. Its believed that the steep decline in BTC price was what fuelled the rush to sell off. What do we make of this move? Is there a plan to bounce back when the market becomes favorable, or is the beginning of the end for Elon and crypto? https://techcrunch.com/2022/07/20/tesla-dumped-75-of-its-bitcoin-holdings/It should be a surprise to nobody, just last year he claimed that Tesla was going to hold on to Bitcoin but it appears to have lost all nerve with the recent price declines and just wanted to cash out. No doubt Elon has got bored of playing with cryptocurrency, especially since his legal tussle with Twitter going on which is the very platform that he spams all his junk. Ironically the price of Bitcoin seems to have bottomed out and is slowly grinding it's way back up, so clearly other people are moving in to pick up what Tesla has chosen to offload. People are starting to see through the shroud of bullshit that Elon is constantly peddling for his own benefit and starting to ignore him a bit more. |
|
|
|
|
Show Posts
