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861  Economy / Speculation / Re: Bitcoin October Month Performance on: October 11, 2023, 05:09:22 AM
I expect October to be positive for bitcoin as October is usually a good month for the market. But with recent world news showing increasing uncertainty, I'm starting to temper my expectations between now and the end of the year. I think it will be difficult for the market to break out this month and you will have more time to fill your bitcoin pocket. You are one of the few investors I see who want bitcoin to fall more to accumulate more bitcoin because most others are just waiting for things to go back up.
Seems like not a bad month so far, it started of well enough, either it was end of September or start of October, it went from 25k to 27k and that should be something that matters, and I believe that we are going to end up with something bigger after that. I think that it should not be a big deal, and couldn't be bothered by anything that is bigger than that, we could end up with something that would be smarter on the long run for sure.

I think it could be a thing where we need to end up with a greater return for a long time, and could definitely end up with a big profit for sure. I believe that we can't really end up with a return that can't be all that great or can't be something that works harder than we think, just wait for it to get better. I think reaching a higher price this month could happen, but staying under 30k is also not something that would be terrible neither, it could definitely be something that could fail our hopes once again.
862  Economy / Economics / Re: Help me analyze the feasibility of this business idea on: October 10, 2023, 04:20:20 PM
Of course, you can't rely on the salary from being a teacher because it's not much. However, a teacher is remembered and appreciated by many people around him. It's nonsense if you are a permanent teacher but don't have free time to do other activities besides teaching, but in my opinion even permanent teachers definitely have free time to do other activities besides teaching, because the salary from the profession of being a teacher is not much and not will be sufficient for ourselves, not to mention if we have our own family to support.
That is the reason why some people become a teacher, they want to be able to change lives of some of the kids they teach and it definitely is a great deal without a doubt if they can actually do it.

However, it is also a shame that being a teacher that wants to shape the future of a nation ends up being so lowly paid, it is not really fair because we are depending on these teachers to make sure that our future generations are better than how we were, and most of the time those teachers are having financial troubles and how could a person who has their own troubles end up making sure that others are doing fine. So, a teacher that gets paid very little do not really end up making better generations and education system usually fails most people.
863  Economy / Economics / Re: What US can do with its dept? Genuine question. on: October 10, 2023, 02:49:19 PM
There are probably a hundred available approaches to it. Especially to rich, influential, and powerful countries like the US, there must be a lot of ways to confront it.

For one, just like in individuals and families, government debts could actually mean greater productivity. And I'm sure that whenever the US gives generous aids, for example, there are a team of economic experts that have already computed the benefits that would come out of it.

Moreover, there's the power of the government to impose all kinds of taxes. And then they also have the absolute power over the money printer.
If they are rich, why will they need to have a debt? Add in the tax and the money printer but they can't just print more money as that doesn't solve the issue, rather it can only worsen it. There are still rich people who has a debt, and they use the money to improve their business. Maybe the same approach the US are doing. Debts has a different effect to the people who has it.

Maybe it's true that they can be productive or more motivated when they see that their business is improving because of it and they also need to be productive to earn more money to be able to pay it. For others, it can cause a laziness especially if they use the money in things which are not beneficial.
864  Economy / Economics / Re: Increase in stable coins adoption might just be the key to crpyto dominance. on: October 10, 2023, 11:58:50 AM
Maybe they only think about more safer option to choose for since price cannot possibly go down since they only know that price of this coins is stable and they are not afraid to let it rot on their wallets. But they forget the certain aspect on why cryptocurrency became famous and one reason for that is due to its volatility. Many people love to see that since its more profitable than any other asset. So if they choose stable coins over than that for sure they cannot enjoy crypto and other people might choose fiat since its more convenient to use.

I like the current state of stable coin and I think there's nothing to change with it as I don't really trust them since they could still go down if they are affected on some big issues that can question there existence especially if government will take a look at them and declare them as illegal.
I would guess that it wouldn't be all that bad, I mean it looks like it could be something good to increase the adoption. I do agree that it is not all that bad, and I agree that it will definitely go to a level where it could benefit everyone, but that doesn't mean that we are not going to end up with something that would be greater for adoption, it will definitely help.

All those people who want to get into crypto, or start accepting crypto but fear the volatility could end up using this one and they would do a lot better. It is still fiat in a sense and the price is still just dollars, so nothing changes, yo udo not get any volatility at all. This allows them to get into crypto world without risking anything at all. This should be the most important part because there are tons of companies who do not get into crypto at all fearing that they will do a lot worse, and I believe that we are going to end up with something that would benefit the adoption rate.
865  Economy / Gambling discussion / Re: Sometimes just flex it ( luck is all you need) on: October 10, 2023, 10:26:31 AM
Sometimes luck is all you need, but most of the time it's careful and detailed analysis that make you win. Sports betting is not dice. Sports betting is not a lottery. Sports betting is not really about luck. Sports after all is not something whose result is determined by pure luck. Sports is about skills, chemistry, training, etc. So the odds are not created randomly. They are created because they have an objective basis. The winners are not just picked by a generator. Winners fight it out.
Not only sometimes, but we often need luck to win, even in sports betting. And although sports betting requires careful analysis, we still need luck to win. Sports matches often change direction so that our analysis will be different from the results and that's where we also need luck to win. And what happened to him was unexpected luck where he could win quite a large amount of money. And it can also happen to other people who have such great luck that they can win money too. So luck will come to people who deserve it and hopefully, we are the lucky people who can win in gambling.
Maybe he is talkin about those games which skills can mostly matter? There are only rare instances that we can lose on them because of a bad luck. For the most table games, we mostly need luck on them to win. Luck is truly unexpected. The less you expect of it the more it will come but the more you expect the lesser it will be.

This is why it's better to just enjoy the game so that you can attract more luck and even if not, you aren't going to feel bad. As long as we try and play, there will be a time that we can win in gambling but most of it were only small. Oh well at least it was still a win right? I think being lucky also has to do with doing a good deed. This is what they say but it happened to me a lot of times now.
866  Economy / Trading Discussion / Re: Is a Standing Desk the Right Choice for Traders? on: October 10, 2023, 08:50:05 AM
Go with trading intra day, you might need these things but I find all these are a waste. Go with long term trading and you will be able to keep a stable sleep pattern and trade at the same time. The more you go into spot and all those leverage and All the more stress you will have to face.

Why increase that stress with chance of varicose veins and all?

If you feel it's good for you, do it but I don't know ho long in the older age you would be able to continue standing like that. Ergonomic chairs are good as an alternative but the best is to move to long term trading.

Even then a good trader knows when to buy or sell with just a device in any posture.
Maybe we think it's a waste not until we try it and prove that it was really working or it improved the way we trade. I know some will think it's only in our head but there are things who are actually working for real. I think long-term trading was still part of a spot trading.

And trading is truly a stressful and hard activity especially if you are still starting on it. Even if many of us are only an investor we still find it hard sometimes to get a good sleep because we are over thinking about our assets. We shouldn't elevate the stress that we feel but we should watch our body first. If it's now use to the existing stress that we have, maybe that is the time for us to level it up.
867  Economy / Trading Discussion / Re: How long to learn trading? on: October 10, 2023, 06:35:15 AM
There is no fixed time limit to learn trading it is up to you. We have posted here that they are aware of fat trading and we know what trading is all about. There is no significant time limit but some low time will be required to understand the candle parts. The more memory you have, the less time it will take you to learn. Also it depends on your practice, the more you practice the more you will become proficient at this. Trading education on your desire. There is no time limit for your education here.
Yes, it depends only on the individual if how long he can master it. I think what important is we shouldn't rush but we should genuinely read and understand it properly because the more we rush, our efforts of fake learning how to trade will only be a waste of time as we can still lose. I know losing is still inevitable for a well-educated trader but at least it doesn't come too often.

I don't know what you mean by fat trading and low time. Are those just a typo? Also the candle part in trading is only one part but there is more than it. So, you shouldn't highlight it alone. Practicing allows us to familiarize things but too much of it are I think useless since real trades are still different or the market can still move differently each time we trade.
868  Bitcoin / Bitcoin Discussion / Re: I recently convinced my employer to start paying me in BTC, it has been great on: October 10, 2023, 05:38:10 AM
I live in an underdeveloped country, but I work remotely for a fairly good web development agency. We don't have a lot of financial services/wallets here, so we had to go circumvent a lot of obstacles for me the money to get to my local bank account.
Does he pay you with black money? I find it hard to believe that a bank would have problems with you receiving income from a job, as long as it is legal and declared.

On the other hand, if at the end of the day you have to convert part of the P2P bitcoin to be able to pay in fiat, I don't see much difference to cashing in fiat, spending what you have to spend and buying P2P bitcoin with the rest, apart from the problem with your bank.
Yeah, there must always be a legal bank in each country no matter how strict they are with other foreign payment methods and banks now has an online version which allows people to receive their money anywhere in the world. This should work and is enough. No need to use a black money as it sounds illegal. Cashin in fiat is much easier than converting BTC to fiat. But, he should do what you are talkin about there if he started receiving BTC as a payment for his work. Each of us has our own preferences.

It may look complicated to us but maybe not totally for him and BTC still have some advantages than other payment methods out there. This should be the reason why he liked it better.
869  Bitcoin / Bitcoin Discussion / Re: Why won't the US government give up? on: October 10, 2023, 02:59:52 AM
The government really hates things they can't control, they will try hard to control everything with the laws that apply in their country, this is the basic reason the US government will not give up easily on Bitcoin.

by the way, people are starting to become immune to orders from the government, especially if it concerns good things then there is no good reason to really listen to what they say, we are talking about the US government, here I see they are actually confused about what they are doing regarding bitcoin, regulations regarding bitcoin is still gray, if the USA government is too strict with bitcoin then there will be many USA citizens who invest in bitcoin who will not accept it and will definitely demonstrate against them.

while CBDC emerged to be a competitor to btc but as time goes by, no one is interested in CBDC, efforts to leading bitcoin investors to move to CBDC failed miserably, there are also rumors that I heard that there are many speculators domiciled in the US who buy bitcoin, they continue to drive rumors to manipulate the price and make big profits from it (I don't know whether it's just hearsay or it's real).
This must be the reason, they are doing this because they hate things they can't control. Bitcoin is something they could just regulate but they can never control it and that's why they hate it as much as they possibly could. There is no reason why they would stop neither, they are a huge government and they could just share the load and forever keep on attacking bitcoin without ever stopping.

I think they are going to have a lot of regulations related things on things around bitcoin. It won't be like banning bitcoin, I do not think that they will ever do that, but what they would do will be like attack coinbase on some rules and laws, or attack binance, or attack companies that work with binance, attacking tether, basically do whatever they can do to make sure that things are a lot harder. If you make bitcoin not appealing to the masses, that is as good as banning it, because it would drop the value of it to people and that will hurt.
870  Bitcoin / Bitcoin Discussion / Re: If not for Bitcoin on: October 09, 2023, 04:59:46 PM
The only thing I agree is Luna because this is an another coin, which completely has no relation with Bitcoin.

While 3AC, Blockfi, Celsius, Voyager, and FTX were a centralized sites e.g. exchange, lending, hedge fund that people use to hold their Bitcoins, so even you're trust Bitcoin, you will lose your coins if you hold it in a centralized sites.
Luna is an independent crypto but I think when it collapsed it affected the market as a whole in a negative way. The trauma it caused is so big. This is why everyone still hates the people behind it. I think FTX has its own token or stable coin called FTT and maybe other companies in the list has it as well, but the ones that shake the market is their collapsing platform.

Storing cryptos inside them can earn some profit but it's not recommended since they are centralized. They can freeze, control, etc.. our money aside from the danger of getting hacked. If people want to hold for the long term, they should do it on a dedicated crypto wallet, preferably decentralized one.
871  Economy / Speculation / Re: The crypto market has changed and I think its a sign of mass adoption on: October 09, 2023, 12:46:02 PM
This is tremendously bullish, showing the first signs of true broad adoption and how far cryptocurrency has come that we can even experience such euphoria in the midst of a bad market.

How is this a sign of mass adoption if the address growth only spikes during the peaks of a bull run, and then returns to normal? The chart shows that the grows rate goes up quite slowly, while the term "mass adoption" could imply exponential growth.

If anything, it's even a bit depressing that the spike of 2017 bull run is bigger than that of 2021 - not what you would expect from 4 years of mass adoption.
Mass adoption doesn't mean the price is now going to rise consistently but of course there are still bear markets along the way because most people came here for one purpose and that is to earn a profit. A bigger dump will still mean that the adoption is already higher than usual.

It's normal that many people will get attracted to enter when the price is getting bullish. They are FOMOing in short but this is a bad practice because they can get caught up with a bear market. Mass adoption isn't only about the price but what important here is that many people are now aware and are using cryptos. Things are going to be easy this way for us old crypto users.
872  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you like Meme Coins (Pepes project)? on: October 09, 2023, 11:11:45 AM
I don't trust memecoin. Because after coming to the market these coins first show huge hype and then after some time they turn into shitcoins. So investing in these coins is very risky. Even your total investment may be over. These are basically funcoins that exist today but not tomorrow.
thats true, these meme coin even though might look massive at the time of its prime but eventually will turn to shitcoin again, its just called meme coin routine to grow so high and then turns into shit coin.
after all meme coin really is just a shit coin.
talking about shit coin, the nature of its obvious cycle can be taken advantage of by those that are good at analysing and finding new meme coin to invest but surely it will also requires good timing to get the profit.
therefore for newbie its 9 out of 10 they will just outright loss, if someone is newbie with not enough experience i would advise to not invest in shitcoin.
How can a cute or funny coin without the same features became massive? I think that's funny. Their characteristics says it all, that is why many of them didn't manage to jump. If there are some meme coins who survived, their increase aren't that huge enough.

I think shitcoins are different from a meme coin, I mean they don't use the same images and names but their faith are almost the same. Both coins aren't still great if we want to take investing or even trading seriously. If we are good analyzing, we better use it for good or to those coins which we can benefit greatly, not the coins which the ones that can benefit are only their creators.
873  Economy / Trading Discussion / Re: chart reading and prediction on: October 09, 2023, 09:41:35 AM
Now is a safe time to make predictions to the upside. It's safe in the sense that we're in expectation of a bull rally occasioned by the incoming Bitcoin halving next year. Many influencers cum analysts are capitalising on this to put up figures. They will be right, eventually. It's not a bad thing to FOMO, just like it isn't to also FUD. However, one thing should be taken into cognizance and that's not to follow anyone's prediction blindly. Everyone should figure out what level they will exit after investing now. It's uptrend for Bitcoin. Don't be deterred by whatever dip you see now. It's minor price correction.
It's true that it looks like we are going to end up with some good results and it should be important to realize that you are going to end up making profits if you end up buying right now. Plenty of people are still waiting, and I do not get that idea, you do not have to see it going super high before you buy, that would be quite late and you shouldn2t do that, you should be buying right now so that you could profit when it  goes super high.

I know that market doesn't work that way and in order to go from 50k to 100k, we need people buying at 99k to take it to 100k, so that means we need people buying at the top as well, or at least near the peak. However, we do not have to let it be under 30k right now neither.
It's true that buying right now should be providing some decent profits to people, but I think not everyone is ready just yet. We need to let them be for a while and they could do a lot better on the long run, it could end up with something that should be profitable to them if they know what they are doing.

I get that life is not all that simple but we can't just let people make decisions based on what we think, it's our thoughts and they have their own and if they think that they are going to profit a lot more by waiting and seeing it move first then we should let them do that. I agree that the market needs people who buy at the top as well, so we need those people and if they are fine that way then let them do what they want to do.
874  Alternate cryptocurrencies / Altcoin Discussion / Re: Your altcoins for bull session (Between Rank 30-200) on: October 09, 2023, 08:39:50 AM
I see the issue of altcoins at this stage not being attractive enough to accumulate. IMO, I have great confidence that there will be a sharp decline in the market before we enter a new bull cycle. L1 is always a good opportunity to approach, the leading and developing coins all have different opportunities or risks, balancing them in your investment portfolio will not make you regret later.
There are different numbers of altcoins. Some have an on-going issue while some have an issue which are running for a long time already. Yes they can be a turn-off. The sharp decline that you are assuming seems done already before. Sorry but I don't think it can happen again, now that the year is now ending and the halving period is approaching quickly.

Yes, each coin has its own risks. If we know how to balance them, we can reap as much benefits as we can. It's not only easy so we shouldn't pressure our selves for a while if we can't handle it. We can always start first on the less riskier ones.

But I also have researched the altcoins you mentioned and think they have enough potential to bring big profits. In addition, I still want to mention a few trends that can be researched. The altcoin category does not necessarily need to pay attention to too many things because in the end, we are all susceptible to FOMO during the bullish phase.
Like I said earlier alts have different numbers. So it's actually important to pay attention. That way, you will know if the alt is a scam or not.
875  Economy / Economics / Re: What would you do in this situation? Invest or save? on: October 08, 2023, 06:46:48 PM
I can sense the lack of confidence in the job the OP is pursuing here, as he mentioned failing quite a bit in a beginner field.

I agree that the biggest risk here is probably lack of experience, not lack of capital, so either you will continue to work parttime to gain experience, or you will spend money on experience to get back your lessons.
Lack of confidence is not good. In all that we do, we should always be confident that we can do it. So, what if we will fall? It's normal especially if we are only a beginner. Some task are known to be risky, so before we do it, it's also better to prepare and equipped our selves with knowledge first. If it involves money, it can help us to lose less. To work part-time is not a bad idea. Apart from gaining an experience, it can give us more flexibility to do other things which can be more important.

But it's easy to recalculate the balance versus risk
We can see the balance but you mean, it's easy to calculate the possible profits that we can get? This is wrong. We shouldn't count the chicken if the eggs are not hatched yet.
876  Economy / Economics / Re: Women are more economical than men. on: October 08, 2023, 06:51:05 AM
I manage the money at home and I can say I have a hard time keeping it up. The budgets. I don't list anything, I just spend what is required in the house and see to it that the stocks will never be depleted. Although I don't spend anything on bad habits or hobbies, it seems like the budget is always short. I tried to pass that problem to my wife but she doesn't want to handle money.
Are they economical? It actually depends. Some women like spending the money on different things that are not necessary while some do like saving it so that it will last long until the next payroll comes. I can say that because some of my past girlfriends were economical and others are not.
I think we cannot also assume unless we live with them under the same roof. Because that's when problems will come.
Yeah, we need to take care of whatever is needed, and if our woman end up wanting to be spoiled sometimes, that is also our job to do that time to time, but we need to make sure that we could limit it and be make sure that they do not go too bad and spend way too much and need to limit it.

I hope that we could end up with something that would be a lot more sensible as well. I know that it is going to end up with something that could make sure that it is going to end up with a good result. I get that we are going to end up with a result that would be a lot more important than what you think it would be, and we should be reaching to a point where we could make some return whenever we can. So, we need to adjust it personally and make sure everything is under control.
877  Bitcoin / Bitcoin Discussion / Re: Bitcoin is for everybody but we must accept it before it can be ours. on: October 07, 2023, 12:38:10 PM
the same thing with your current partner, if you don't open the door of your heart to him at the beginning then the two of you will never be together, bitcoin is a very popular cryptocurrency but as time goes by there is a lot of FUD created, which is spread by the government and Another bitcoin hater, if you believe in FUD rather than doing your own research on bitcoin then you will never buy bitcoin ever. not everyone wants to accept bitcoin, don't be one of those who don't like bitcoin, you will regret it later!!
Just look at how people regret not getting into Bitcoin earlier when it was so cheap and it's the same today.
People started to get scared to get in because a lot of FUD was attacking and the price dropped drastically from the last ATH.

There is no need to convince those who have already left Bitcoin or are still in doubt, only time will tell.
We are at the end of the road and about to step into the Bullrun market.

Those who are passionate and like Bitcoin will continue to enter until the price is higher.
But for those who still doubt or don't like Bitcoin, they are just trying to bring it down.
This is why I keep trying to get as much as I possibly could nowadays, because I learned better and I have seen people who missed, I am one of those people as well I was around and still didn't profited enough. I did alright, I didn't lose money, I got in and made some money but instead of "some" profit, I could have been a millionaire by now if I kept it going. This is why I believe that we are not going to really end up with anything that would hurt us for the long term.

In the end, we are going to end up with something that should be getting some issues, and the results will not be all that bad, and we could definitely see it change one way or another. I know that life is not that simple and we could probably figure out when to buy it at exact bottom if we work hard enough to find it, but it doesn't really matter. Just buy whenever you can, and keep it for as long as you can which will result with you making as much profit as you possibly could.
878  Economy / Economics / Re: Women are more economical than men. on: October 07, 2023, 11:55:04 AM
I have to disagree, gender can't be used to determine someone else knowledge and skill.

There's a women who use most of her money to buy skincare and useless thing that she think cut, she will take a loan because she don't have any money to buy foods. There's a men who save most of his money for his future e.g. buy house, buy car etc.

You can't generalize if women is better than men in something and vice versa.
You can definitely generalize it when you take an advantage of it. If you look at basketball players like Lebron James, and Stephen Curry, you will think that humans play great basketball, but when you take the average out of 8 billion people, it would be closer to my talent, because on average we are not great. That is an example of how you can't just take couple of examples and assume that it's alright.

What you do about a discussion like this is assume there are 4 billion men and 4 billion women, and you consider if we took the average of 4 billion men and 4 million women, which one of them would be better economically.

I think men are far superior when it comes to being economical, and that is not based on just an individual, it's the averages of 4 billion people from both sexes. That should be simple enough but when you talk about things like that, people fear that they would be labeled genderist and you are not going to be considering genders as all that important while giving this opinion.
879  Economy / Economics / Re: Marriage mean double your passive income, rental property mean double your passi on: October 07, 2023, 06:00:38 AM
There's nothing wrong with getting married and starting family early in life, if anything, it can increase your wealth overtime. The idea that you shouldn't have children until you have 2 cars, min 3 bedroom house and six-figures income is a myth and one of the main reasons for plummeting birth rates in the west.
Raising a child doesn't have to be expensive, the main problem is the time not money. But if your wife is happy to prioritise children over work in the first years, and if you have extended family to help you if needed - there's no reason to delay the decision to have kids.
What it often does, it changes your mentality (from a boy to a man) and gives you a huge motivation boost. Unless you're some shit-bag terrified of responsibility that is.
Agree with this since there's no guarantee for other to get a better life even if they marry late since its the same responsibilities especially you still need to take care your girlfriend and buy his needs when you are in relationship. Its only up for us on how we double our efforts since we have many chance to get rich whatever status we are on and the one we nee to do is to be strategic to find opportunities also we know on when we should get out on our comfort zone to try the risk on doing things that can be beneficial to us in future.

If young generation would like to marry at younger age that's fine for me since they can still bond with their kids while they are strong and you can't do that if you are old.
True, but when you get married the money becomes both of yours and it becomes a lot more important to care. I have seen it plenty of times, I have married friends and I have single friends with girlfriends, the difference is huge. When you have a girlfriend at the very start things are cheaper, because you do not have a home that you have to pay for, and having a home means bills, food, any unexpected costs etc etc, and of course having some fun too, so having a girlfriend at the very start is usually better because they do not try to charge all that much early on and if they do most people just break off the relationship.

However, the longer you are girlfriend with someone, they realize that your money is not their money and they could just spend your money instead, keep asking for stuff, trying to see how much they can spend without actually spending a dime, they can get all the items they wish, basically they use your credit card is a way to fulfill their amazon wishlist. This isn't everyone by the way, just the examples that I saw, and the moment you get married, your money becomes their money too and they stop spending it like crazy, and start to be more careful about it.
880  Bitcoin / Bitcoin Discussion / Re: What Inspired Me To Invest In Bitcoin. on: October 07, 2023, 05:32:39 AM
As I know, most CEXs require KYC before we can use them. Only a few do not require KYC but some features will be limited and withdrawal amounts will also be limited. I am not saying that DEX is superior to CEX, DEX does not have full functionality and has many shortcomings such as fees or liquidity that you mentioned. That is why to date investors and day traders still choose CEX over DEX despite collapses like Mt.Gox or FTX. But if someone is just a pure bitcoin holder and cares about privacy then DEX is the perfect choice for them.
I think the ones that do not require KYC is even worse trouble. I have talked about this before, all governments require you to ask for KYC if you run an exchange, if an exchange doesn't ask it then they are not responding to government demands and that's even worse. People like to label places like that as "rebel" and promote them but the reality is that government is not "always" bad, sometimes it works for you and should be something that benefits you one way or another.

I believe that we are going to end up with something that should be giving you the time you deserve but that doesn't mean that you are going to end up with a greater return if you know what you are doing. The best thing to do in this case would be making sure that you are not going to end up with a bad result.
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