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2141  Economy / Economics / Re: The end of cheap money reveals global debt problem on: October 13, 2022, 08:09:43 PM
During inflation it is wise to spend your money and waste it. Not beforehand, if you are spending it on useless stuff during money printing period then you are not going to save anything for a reasonable level but at the end of the day if we are talking about a period where it is not really a situation where you can stop the inflation then we shouldn't really be worrying about it because during inflation all things go down, especially when governments are trying to fix it like right now.

This is the reason it is much better to just waste it, because the prices will go up anyway, so it’s better to buy it right now for material things that won't mean anything later on.
2142  Other / Politics & Society / Re: During the morning missile attack on Ukraine, the Russians hit Samsung Offices on: October 13, 2022, 07:14:12 PM
I am not entirely sure if Russia attacked Samsung knowingly for any chip related reasons. They are just attacking kiev, and yes there is a logical argument that they knew where they were attacking, but I do not think that the purpose for it was somehow making sure that they are getting their chips back.

It could mainly be regarding shelling places of foreign investors to tell them to leave the war zone. Doesn't matter if you are Samsung or apple or amazon or whoever, leave the area and go somewhere else, life will not go on like nothing is wrong, that’s the message. I believe that they are firing their last bullets, at this point aside from nukes which we all know would be end of us all, there aren't any other methods left in the arsenal.
2143  Economy / Economics / Re: Made in America is back, leaving US factories scrambling to find workers on: October 13, 2022, 06:30:12 PM
It is definitely a new day for USA workers but that doesn't change the fact that we are talking about them not being the most affordable worker groups that you could hire. Meaning the factories that benefit from the low transfer times end up hiring US workers and make them work in US factories because right now oil is expensive and transporting goods from China is not profitable.

The cheaper Chinese workers could make the products cheaper, but adding the cost of transportation and also the loss of revenue during the period where they do not have any money and that means we are talking about loss of time and not selling products while waiting for it. Sure if you are buying 500k+ shoes like Nike does, it's still reasonable, but for smaller jobs, it's logical to stay in the USA and keep going.
2144  Economy / Economics / Re: The whole tipping culture in western countries is unfair and totally wrong! on: October 13, 2022, 03:05:22 PM
The biggest difference is, if someone does a bad job at any other business, they would be either fired, or warned, or just ignored, but in any job that you are required to get a tip to survive, if you do a bad job, or if the customer is cheap, you are going to end up starving because you are not getting paid enough. That’s the thing, in my nation we have tipping too, it's not as "culture" as it is in the USA for example, and the guy who gets it, gets paid the same amount that 20%+ of our nation does, and that means any guy at a factory making your shirt is getting the same money.

West needs to realize that you can't have a job in the world that says "you either do a good job and good tips, or you are going hungry to bed tonight", that’s not acceptable.
2145  Economy / Gambling discussion / Re: Motosport General discussion tread --- Formula1, MotoGP, WTCC, ETCC, DTM..... on: October 12, 2022, 09:56:04 PM
It is now known that Red Bull went overboard, that’s no secret anymore, but one thing is certain that it’s not guaranteed that they will lose a championship or anything. There is a high chance it's either money fine, or wind tunnel tokens taken away type of deal.

Because, money means they are going to lose some of the money they have to spend, and that means they won't be improving as well as they otherwise would. And if not that, then they could take away their development tokens, which means they won't be able to improve that way neither. If the award for breaking the rule was improving better, then the punishment should be relevant to not improving equal amount.
2146  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: October 12, 2022, 08:42:09 PM
I believe it’s not about where Mbappe wants to leave, but where PSG willing to sell him to. Think about it this way, he wanted to leave for Real Madrid so bad that PSG had to spend nearly half a billion dollars to keep him in PSG, it was such a big desire that he had to be overpaid to stay.

So, if he ever leaves, which I doubt would be any possible for the time being, that means it’s going to be very expensive and PSG may not want to sell him to Real Madrid at all, due to the fact that he caused so much trouble wanting to leave for them and getting so much money to stay. Liverpool has more chances, because PSG doesn't care about them and didn't hav any troubles.
2147  Economy / Economics / Re: More than half of Silicon Valley residents want to leave on: October 12, 2022, 07:19:48 PM
I would assume that it’s not going to be as dire as people claim to be. The only problem here is that we have one centre where all the big budget tech business is done, and what people are hoping for is to spread that around.

You could move out of California, but could still do this business, meaning just because you are in Ohio doesn't mean you can't build a startup, or if you are in Detroit that you can't code something. Instead of giving California all the rights to being tech giants, they want to just leave, live in a cheaper place, and then do the same job anyway, and pay a lot less for it. That would still help USA in the long run even if it hurts California, because it will improve other places.
2148  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Dogecoin to be used for micropayments on Twitter? on: October 12, 2022, 06:20:53 PM
It is clear that Elon is not that much into Doge as he used to be. Even if he buys twitter, and even if he really wants to change some stuff in it, I am pretty sure that adding Doge micropayments will not be the first thing he does. Maybe he will do it later on, I do not know when or how he will do that but if he does, I am sure it is going to be pretty much far distant in the future.

By that time, we could have a bull run, I mean think about it, he doesn't even own it yet, and that means doing all of these will take more than a year, I assume that we will have a lot better market by that time and the price will be over 50k+ by the time he gets the company and builds something like this.
2149  Economy / Speculation / Re: Will Bitcoin's Price be affected by this? on: October 12, 2022, 04:21:20 PM
I still do not understand why he would ever want to buy Twitter, it must have been like a joke thing for him that turned into a real thing because of the probable lawsuit, but it really doesn't make sense.

Why would he really want to buy twitter, what would be the relevance to it at all? He usually has stuff like solar panel company, space ship company, electric car company, all things that would further improve the world and that makes sense to a point, but that doesn't change the fact that twitter is none of those things and he is a weird person so maybe he just joked about buying, or wondered if he could, and that looks like the only reason to be fair.
2150  Economy / Speculation / Re: BTC price consolidation at $20k for 4 months on: October 12, 2022, 02:44:30 PM
I have to say we have been here for long enough and it would be better if we could end up with something much bigger soon enough. It reached the peak ATH price last year around these days, which means it has been either going down, or not going up for the past 1 year, and that is a long enough period to stay low.

It is high time that we start climbing back up again and that would be great, but of course that would require us to rally and in order to do that we need everyone. It means there need to be something to hype, ETH merge was something to hype and people did not even care about that, so I do not know what we can do to rally everyone together for a bull run.
2151  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: October 11, 2022, 06:41:32 PM
Liverpool part is questionable to me. First of all we all know that Mbappe wants to leave for Real Madrid, that is not a news, because he talked about wanting to play for them for a very very long time. Secondly, it would be a ton of money to get him, doesn't mean that he won't be sold, but does Liverpool have that much money?

I do not remember any time Liverpool spent that much money on a single player, usually they try to get players for cheap, and play them for a very long time. Getting a player for that much money on top of having him want to leave for another team would be a very difficult situation for them, it doesn't look that much possible that much.
2152  Economy / Gambling discussion / Re: UEFA Champions League 2022/23 Season on: October 11, 2022, 05:55:19 PM
It will be a good multi for me. Real + Leipzig + City + Juventus + PSG to win their games. When you combine these games together it makes out to be 8.8 odds on sporsbet.io right now and I feel like that's an amazing return for most of these games. Only Leipzig is given 2+ odds, but aside from that most of these are as sure things as it gets.

I cannot guarantee if I will win or not, especially when you do a multi it's not going to be easy to win, but I will surely try to hope for the best. I don't usually play like this, I do singles and wager bigger, because even if one of them is a loss, I would at least get something, but this time it's looking like a snack deal for sure, I really like it.
2153  Economy / Speculation / Re: Countertrading Jim Cramer on Bitcoin on: October 11, 2022, 05:01:00 PM
The sad thing about him is the fact that he really thinks he is trying to help everyone. I mean he is not an evil person inside if you ask me, he thinks that he is trying to build you a good portfolio where you would be able to put aside some money into what he says and then try to trade like he would and make a profit.

But, obviously we are talking about something that is a bit more realistic where he is just a clown who ends up being wrong so many times and promoting things that shouldn't be promoted and not really understanding the hurt he is putting into the market when he is wrong, because he has that influence to cause people to lose.
2154  Economy / Speculation / Re: what is the bottom of this bear market BTC on: October 11, 2022, 03:40:51 PM
It's weird that options do not include "we already reached it", I mean technically 15k+ is that, but to say that 8-10 or 10-12 or 12-15 as options, which are 50%+ away from the current price at the bottom, it is very worrisome to think that we wouldn't have it already.

Price is already bottomed out, that under 18k period back in the day was the key period when we already lived through it, and that means we are going to not see anything even lower, that was it and it's over. We should instead try to focus on something that is more realistic, like when will we start to go up because it's obvious that we are going to start going up in the future for sure.
2155  Alternate cryptocurrencies / Altcoin Discussion / Re: is ETH Post-Merge Hype Over? on: October 10, 2022, 08:39:03 PM
I think there was never really a hype for eth merge. I mean there was some excitement over how it will be but not in a financial sense, it was mostly just a technological sense. We weren't sure how it would happen and that is why we wondered if it will work or not. Looking at how it worked out and it's fine right now, I think it’s doing great so far and there is no problem at all.

I know it’s not a simple thing, but I believe it is certainly something I could enjoy and don't need the price to go up at all. It’s clear for me that we shouldn't expect every single improvement on blockchain world to cause a big increase in the prices, somethings are just good in a tech way.
2156  Economy / Trading Discussion / Re: Strange question. on: October 10, 2022, 05:18:33 PM
Is that still possible? I think most places fixed this problem already, like for example bitcoin price is 20k, and you sell it for 1 dollar, it's already a fully liquidated thing hence there are a lot of people willing to pay more already so it's covered, but they won't even let you do that most of the time, because it's such a huge difference.

I know a few place that puts it at market price, and that way you do not lose that much money. I personally fear this to happen to me since I saw it a lot in my life, so I try to avoid that by simply clicking on the latest price and it is automatically priced and there is no problem like this at all.
2157  Economy / Trading Discussion / Re: Trading indicators on: October 10, 2022, 04:26:55 PM
Bollinger Band always works, and Weekly MA is not that bad neither. I feel like I do not need a third one, if you really check what’s going on, these two will be hit one way or another if there is a good buying signal, but that doesn't mean that it will work for you, sometimes it looks like it’s going one way and then goes another way so you should always be careful about what’s going on.

These indicators are great for when you want to invest, but sometimes you end up failing on them as well if you are not careful and that’s an important thing. I personally feel like BB has been king for me for many years now, but even that fails time to time.
2158  Economy / Economics / Re: Unemployment Rate FELL, But why is the market going DOWN too?? on: October 10, 2022, 03:02:03 PM
The biggest reason is the time it takes to recover. Sure there are more people employed right now because money is worthless and you could pay a lot to a salary and get a lot more people to grow your business right now when you have basically free money.

Getting a loan right now to grow your business bigger is a simple step, getting any loan right now is easy, many people took huge loans (business owners mostly) because they wanted to grow, and inflation helped them because while the debt stayed the same, the amount they made grew exponentially due to inflation. But to see that on the market will take time, and that’s why it’s not shown at the markets just yet, but it will be seen eventually.
2159  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: October 09, 2022, 08:09:49 PM
It was definitely a worrisome game for PSG but I think they deserve to have a few games like this. You can't wait dominance every single game from teams, even City loses at premier league and still considered the best team.

I feel like there are ties here and there that makes players fired up again for a few more weeks and it is a good thing, because there is no possibility of winning all the games, so instead of a loss, it's better to get a tie so that the players would wake up and they would still have some points anyway. They are going to be champions for sure, missed some players during the game, but that's fine, they will recover soon enough.
2160  Economy / Economics / Re: Crude Oil drops below $100 on: October 09, 2022, 05:35:09 PM
The funny thing is, it’s around 90's right now, at around 92-93 range give or take, but it was somewhere between 60-130 all year, that’s a WILD difference. Normally we do not have that kind of difference in a single year, get it at 60, increase it to 130, and drop it to 90 doesn't happen all too often.

Sure, it does happen time to time when there is a big issue, I do not know how it was in 2008 for example when the crash happened, but I know that it’s not going to be that easy for anyone to accept the current situation that easily. You can't make a plan with oil prices like this, because you do not know how much you will pay for it next time you buy it.
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