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2541  Economy / Gambling discussion / Re: Motosport General discussion tread --- Formula1, MotoGP, WTCC, ETCC, DTM..... on: June 30, 2022, 09:41:28 PM
Silverstone will definitely be a high point of the season. It's a very prestigious track and winning here means a lot for every driver. I think Williams is doing something special, I am not sure what they are doing but they said that they are coming with basically a brand new version of their car, which means that there is a chance they could be a lot faster. They say that it's close to 1 second faster on qualy pace, and that is of course amazing for the regular race as well.

Qualy is a bit different since you usually race with fresh tires for a lap or two, and race would see you on tires that would run down. But I think they could actually have a hope to get points. I am considering to bet "williams to get points" if I can find that anywhere.
2542  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: June 30, 2022, 08:23:36 PM
Galtier deal is done, Neymar is in talks of leaving, what's going on with PSG? At the end of the last year we were seeing them as a team who would be fighting for UCL next season easily. By the looks of it, with them not getting a world famous name manager, and not considering to keep Neymar, it looks like maybe they are quite happy about being a team that will win Ligue and have a good fight at UCL and that's it.

There are teams like that in the world, teams that like to fight for their own titles, and then try to go above the group stage every year on champions league and be happy with that. Will PSG just focus on that from now on? That would be terrible.
2543  Economy / Trading Discussion / Re: DCA? on: June 29, 2022, 09:08:21 PM
Honestly? No. I would never consider stopping because it seems to be working and why would I want to disturb something that has been working well for me? I get that the price could be down right now but even with this I am in profit, much lesser profit but still doing it alright and that matters to me.

I have done many other methods, I have done indicators and charts and data, everything I could and nothing gave me the profit that DCA gives me in the long run. I do DCA not only on bitcoin but on other coins as well. All of that returned to me with a great profit margin. If there was a bad result then I may have considered not doing it, but since it's in profit then I am doing it.
2544  Economy / Speculation / Re: The next big coin is incoming on: June 29, 2022, 09:01:31 PM
Yeah, I thought it was a shit memecoin called naive meme token or something as well before I clicked on the video. It really shows what I feel towards crypto as well. Everyone could attack it, but at the end of the day hyperinflation is real and it is going on all around the world right now, some more than the others but everyone is getting worse. This means that we should not be really focusing on anything that is outside attack, we should only trust crypto and we should always believe in bitcoin.

The video is awesome and it is telling the truth and it is showing the world why we are investing into bitcoin and why we prefer it over any other fiat in the world.
2545  Alternate cryptocurrencies / Altcoin Discussion / Re: Going hard on these projects on: June 29, 2022, 08:30:03 PM
I personally would not prefer to go hard into these. I mean if someone else does then it's fine by me and I won't say a thing, but I feel like that is something a big mistake nobody should do. In the end crypto is not really about trying to get rich overnight, it's about protecting your assets against inflation and the screwed up way fiat has been for many years. So if you can't do that, if you can't handle it then you can't really do anything at all.

I need to really emphasize this a lot, crypto is here to make money decently, not overnight wealth. So, if you focus on these small stuff that will probably go down eventually, instead of big names like btc or eth or whatever, then you will be upset "one day", maybe not tomorrow, but eventually.
2546  Alternate cryptocurrencies / Altcoin Discussion / Re: Among all which do you hold on: June 29, 2022, 09:26:09 AM
I have three that I hold more than anything else, these three are 100% of my portfolio today, and it was around 80% give or take a few months ago as well. Those are BTC, ETH, BNB and nothing else right now. Certainly I have some chump change in other things that I didn't cash out because they worth nearly nothing to me right now and do not worth to cash out, so I can say 99% instead of 100% to be fair.

But, these three are my kings, they are at the top in rankings as well and I believe that if you lost money on something else, just sell that and buy these, because during the recovery these three will recover better than any other coin out there.
2547  Economy / Speculation / Re: Will the bear market be more significant on: June 28, 2022, 08:56:31 PM
There are always some people who say it will go down, this doesn't matter because there will be some that will say this even when the price reaches to the bottom. Let's say that we reach to 14k, not like we can never reach that it is a possibility for sure. But that doesn't change the fact that there will be some people who will say we will go down even further if we reach 14k, some people will come out and say there is a possibility of 10k, and if we reach that then 7k if we reach that then 4k.

As long as this stays a market and not a stablecoin, there will always be people who say that bitcoin will go down and there will be some that will say that bitcoin will go up. Your job (in order to profit) is to figure out which side is right at which time, sometimes one of them is right, other times the other one is right and if you keep picking the right side then you are going to end up profiting for sure.
2548  Alternate cryptocurrencies / Altcoin Discussion / Re: DeFi is not decentralized, DAO is also not decentralized on: June 28, 2022, 08:42:20 PM
This is for all the ones that doesn't really have decentralization and that is the majority of it as well. If you see 100 DAO/DEFI projects out there, only 1 to 5 of them have legit decentralization and all others are managed by the team that created it.

This is why I have to say that the best thing we could do about the current situation right now is the fact that we should be staying away from most of them and only focus on the few that does it well enough. So all in all, this isn't a warning towards "all" projects, because some are legit and owned by everyone, this is about telling people how the market is filled with scam ones and be careful about those.
2549  Economy / Economics / Re: The Russian Federation fails to repay debt - 100 million USD unpaid on: June 28, 2022, 06:01:36 PM
I do not think that they care about this that much. These are type of money that they would be able to pay with their eyes closed, there is absolutely nothing wrong with the debt and they could pay that easily in a single signature with a swift move. This is a nation that has thousands of people with 100+ million dollars, and this is also a nation that has much more in the coffers as well, so they can pay this easily.

However, they prefer not to because they basically decided that if the west doesn't want to work with them then they do not want to work with the west as well and they are going to just play the bully like they were expected to.
2550  Other / Politics & Society / Re: US Gas sales to China dries up as Ukraine war halts Energy trade on: June 27, 2022, 09:26:18 PM
I mean it would make a ton more sense right? Russia is right there, whereas USA is all the way on the other side of the world. It would be much easier to just get those gas and energy or whatever really from Russia instead of any other nation. Plus with Russia in war, they are sanctioned and they  can't sell their gas to too many places, hence they would be willing to do even discounts to china as well.

This will result with China preferring Russian gas for a decade or longer and they will not care about American politics. Sure China and USA had a "trade war" before, but this would be like trade break up Cheesy I know that sounds silly, but China just found a hotter and sexier gas provider, and they want to go with that.
2551  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: June 27, 2022, 07:28:05 PM
It will not be "easy" for Juventus to recover from this past 2 years, but they will not be terrible team neither, they will be fine. They will probably fight for a title like everyone expects, but they are not going there easily, I would say they would be third behind Milan and Inter. Those two teams have been great for the past 2 years and they do not look to be getting any worse neither. Hence, why I believe that they would be pretty good.

Overall, I think the best case Juventus has is getting players that would be not too expensive and would allow them to grow better overnight. Di Maria talk matters because of this, he would make them a lot better, and shouldn't cost too much.
2552  Economy / Gambling / Re: around 1.6 billion people worldwide gamble, What about a poker gamefi?? on: June 27, 2022, 06:48:54 PM
It has been tried a million times already. I said the same thing to my friend as well and said that the best way to do it would be DeFi method where you allow people to own it. But then marketing becomes a problem since there isn't really one owner who will decide all of that. Think about it this way, you create a casino, and 50% of it is owned by the public, and whatever the house wins, goes to the bankroll, which is governance ownership hence if people want to cash that out, they will do that all together, if they do not want to, it will grow bigger and bigger.

The other half is owned by the creator team, and they use that income to do marketing, I would highly doubt it would make sense, since that's centralized casino just like any other, just 50% centralized instead of fully. Would you really want to spend money on that? Well it has been tested, and people preferred not to do that at all.
2553  Economy / Gambling discussion / Re: 2023 NBA Season on: June 26, 2022, 09:35:01 PM
I think even with Durant Blazers can't win. Not because they suck too much, but they really do not have the pieces surrounding them. Dame is a great great player without a doubt, and Durant is.. well Durant. But just two players is not enough to win a title and we have seen this with Nets as well, just recently hence why think that Blazers can't win a title.

Definitely they would be miles and miles better there is no doubt about that, but just because they are better doesn't mean that they will win a title. They would need a ton of players from free agent to take minimum in order to keep it going, which would be a difficult thing to do since not many people would want to go there.
2554  Economy / Economics / Re: Difference btw CBDC & BTC (Simple and short explanation) on: June 26, 2022, 03:29:54 PM
This is a good infographic to teach people the difference, but the reality is that we shouldn't really compare the two in the sense that "which one should I invest", because that is not how people will approach it. The reality is that the best thing we could do right now is to accept that there will be people who have both of them at the same time, and there will be people who will hold only one of them.

This is why people trying to say "cbdc is not good, buy btc instead!" will be disappointed about it. There will be plenty of people who will have cbdc and not buy anything else, and there are plenty that won't even take look at cbdc, and we just need to accept both.
2555  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Hello Guys what you think about bnb.can bnb hit 1000$ soon or not.i think bnb hi on: June 25, 2022, 09:01:15 AM
If you never saw BNB hit above 450 then you missed out on its ATH, we peaked close to 700 dollars at the top. Also this isn't a question about what it did, it is about what it could do. Meaning, in a world where bitcoin is 100k, eth is 10k, then why not bnb at 1k? That is a possibility and it WILL happen one day. Will it happen soon?

I doubt that, I do not think that it will happen anytime soon, earliest I can assume would be 2023, probably more like early 2024 to be honest. That is why I am not going around telling people to buy bnb right now, or any other coin, do what you do. But, I know for a fact that when the time comes, everyone will be getting some anyway.
2556  Economy / Speculation / Re: Was 17600$ was the bottom ? on: June 24, 2022, 09:34:24 PM
Looks like we are doing fine. Many people are scared that we could still drop and this could be a dead cat bounce, and I have to say there is no way of knowing if it is or not. However, I can say that it is definitely looking like something that would be very dangerous for all of us if it turns out to be that way.

I think it is doing a good job right now where it is, and if this goes on for a while longer then we will be doing fine, it is going to take a while to learn if it is doing great or not, but that means we are not going to get an answer right away. Let's wait it out, it will be a great situation to wait, and it will result with a good answer eventually.
2557  Economy / Gambling discussion / Re: 2023 NBA Season on: June 24, 2022, 09:16:49 PM
I believe this year's draft will not bring in any superstars at all. I watched the "highlights" of the top 10, maybe someone out of top 10 could shock the world, but I watched top 10 only, and I can tell you that nothing really stood out for me.

These are highlights, so it supposed to be the videos that shows the best moves by those players, show their strengths, you do not see them missing 5 times in a row there, you see their dunks, their great shots, their blocks etc etc. And even with that, I didn't see any player that looked like it would be great. There is a tiny chance that rockets may have found a guy with jabari smith, but that is not because he looked special, it's because he fits their current core, nothing more.
2558  Economy / Gambling discussion / Re: ⚽UEFA Champions League Discussion Thread -- 2022/23 | Qualifying on: June 24, 2022, 08:05:20 PM
PSG is a bit further out if you ask me, City lost it very close during semi finals, last 2 minutes and two goals saw Real Madrid go further, if we remove those, we are going to see them doing much better. However, PSG is not like that, they lost to the same team so I cannot really blame them, but they have tied a lot of money into the team they have, so it is making their job harder to keep it going, you could remove one player from City and add another, doesn't matter who that player is, but if you remove some players from PSG, then they become horribly worse.

It would take a great manager, and I mean like a world star levels of manager to bring that team to its success, great roster, but definitely a ton of talking heads, a manager could set them straight.
2559  Economy / Economics / Re: Bitcoiners are protecting, while EU nations are destroying the environment on: June 24, 2022, 07:29:09 PM
^^This is very true, bitcoin is a danger to many rich people, and that means many powerful people who are in high places of politics also hates it since those rich people bribe them (or some nations have rich politicians directly without bribery but just taking the money directly from taxes) and all of this means that bitcoin needs to go.

If bitcoin and crypto goes well enough into the future, then these people will realize that they can't force people to use the fiat that they have an unfair advantage, and that is why people may run towards crypto, making those rich and powerful people, poorer and less powerful and that will cause a lot of trouble.
2560  Economy / Economics / Re: UK inflation hits new high of 9.1% as food and energy price surge persists on: June 24, 2022, 06:46:34 PM
It is going to take a while but the world will do better I can guarantee that. Banks are increasing the interest rate, which means that we are going to eventually see a situation where people will be putting most of that money into interest, and there won't be much money left in the market, meaning gas prices and food prices all of them would have to stay. They won't go down that easily, that would probably not happen, I am guessing that they will just not go up like it did for the past few months.

If we can handle that, then we are going to be doing something decent and it will definitely not be that terrible. If that's the case then food prices and all prices will stay, our wages will grow, and we will get used to all of this.
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