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1601  Economy / Economics / Re: World is full of things what nobody dont need just too much on: December 06, 2023, 01:24:01 AM
Isn't it that's why it is called luxury items though? It's because no one can afford it or at least there are just the 1% in the world that can buy those luxuries clothes, bags and even car.

yep luxury items is not the cause of waste lands and landfills. its the cheap stuff that OP should concern himself with

luxury items are small batches made slower and with detail and quality. thats why they cost more
its the cheaper mass produced items that are wasteful. people dont bother to care for the item, dont repair it or look after it and just throw it away when damaged/unwanted

take a few decades ago. a simple washing machine cost a minimum wage persons whole months paycheque. when it broke people wanted to pay a few hours labour for a repair, they treated it as a luxury with respect and care.
now you can get them for under a weeks paycheque, and with repair guys fees being a few days of pay for a temporary fix. people just dispose of a machine and buy new

as for the OP's basement of clothes
3 idea's
a. hand-me-downs to relatives
b. give to charity/thrift stores
c. hand them to college fashion students as spare fabric
1602  Bitcoin / Bitcoin Discussion / Re: Bitcoin mixing is NOT money laundering, per se on: December 05, 2023, 10:22:59 PM
Bitcoin mixing may not be money laundering, but money launderers use mixers to launder money. That basically means anytime someone steals crypto and sends them through a mixer, that mixer is now guilty in laundering money and all those associated with it could also be seen as breaking the law. So mixers are all basically just waiting for their own shutdown.

What if the criminal uses a non-custodial mixer? Would the government prosecute developers instead (considering that they can't shut down the mixer itself)? Considering that most developers reveal their identities to the public, hunting them down would be a "piece of cake". The non-custodial mixer would remain in operation, though. Especially because of its decentralized and censorship-resistant design.

You can see how the US government was unable to shut down Tornado.Cash, despite sanctioning it. Developers even made a fork out of the non-custodial mixer. Be aware though, using a non-custodial mixer to "obfuscate" your BTC transactions would catch the attention of the government (if you're careless). Even if you're not doing anything illegal. I guess privacy on Bitcoin will be a never-ending battle. Unless people stand up and defend their right to privacy, governments will win. Who knows what the future holds for Bitcoin?  Undecided

got to love the irony..
transparent open public blockchain... and people want to talk about privacy.

anonymity is different to privacy
anonymous is different to private
and no currency has ever had any human rights or national constitutional rights about financial privacy

people have financial privacy against other people. but not the government
heck even in the UK the government are making laws to easily access people bank account details without court order for those in receipt of social security(pension, welfare)
so dont be surprised that currency does not offer any human right protections, because it never has
1603  Other / Off-topic / Re: Do we really need a lot of foods?? on: December 05, 2023, 09:48:56 PM
Well, all your body needs is calories which should be 1800 calories per day for a person to be healthy, so its your choice how you want to take it and how much you want to take it, so if you concede more than your body need then it becomes fat leads to obesity and if its upside down the body will take the energy from the stored fat but its just usually a backup which can work for a while.

your body does not need calories..
calories are not even a substance or nutrient
calories are a mathematicians unit of a calculation of something else

your body needs a whole range of real nutrients.
sugars&fats, vitamins, proteins, minerals

of those 4 categories there are different individual nutrients
for instance
sugars&fats is the family of: dextrose, glucose, fructose, lactose, sucrose, maltose
and they all have different reaction, effect and need of the body


Yeah, technically calorie is unit that define the energy consumed by human but yeah, for someone needs to be considered healthy they need a balanced diet of macronutrients (carbohydrates, proteins, and fats) as well as micronutrients (vitamins and minerals). And it really varies depending on our body needs It comes to the point, that you may need a lot of food or just a portion but only you get to decide that.

of those family of sugars and fats. although mathematicians count them equally as "calories"/energy.. they have a different glycaemic index of how much energy they release per hour but calories does not count them this way

having a soda with Y teaspoons of sugar. vs solid food of same Y teaspons of sugar suggest the same calories.. but in fluid form(soda) your bodies energy spikes more


anyways we are getting offtopic(in a off topic category)

OP's post imagining daily food delivery to the moon/space station is a fantasy due to the cost of delivery..
however when they start "space mining" and colonising the moon. they will be doing regular deliveries of equipment using re-usable rockets and those payloads wil have food supplies.. and seeds.. where eventually after time the moon will be growing their own produce
1604  Economy / Economics / Re: World is full of things what nobody dont need just too much on: December 05, 2023, 09:40:08 PM
OP thinks prices of goods will fall LOL

nope. thats not how inflation works
when the FED reduces rates. prices dont fall.. they just dont increase as fast
instead of increasing at 11%-50% in a year they will tone down to only increase at 2%-5% in a year

never has fiat acted in a way where goods overal have a deflation (minus interest rate)

heck even when oil was over sold and contracts ended and no one could take in all the oil so they had to resell it quickly at minus price barrels.. the retail price of car fuel NEVER went into the minus

what you find is goods causing a pump if mega inflation correct back to value.. they dont go below normal inflation value
if you are hoping to get a brand new iphone 20 in a few years for under $70, forget it.. it will be over $1k

if bread costs $2 now, dont hope for bread to be $0.10. it will be $2.50+

as for long term supply
goods and groceries are not produced to last decades everything has a "shelf life"
yes it ends up in landfill, but welcome to consumerism/capitalism
1605  Economy / Economics / Re: Banks are the cause of millions of crypto project failures on: December 05, 2023, 06:18:30 PM
And speaking of goals. Maybe one of it is asking assistance to the banks? And there is a reason on why banks reject them. You already said it actually. If a project or company want something badly, they need to work hard on it and try their best. Banks main purpose must be for other things and not to support a project, and I think many project owners already knows this.

many project managers of crapcoin ICO and pump&dumps are not legit businesses.. silly people think they can go to a bank and ask for a personal loan and not say how they want to repay it. or if they do find out they are describing a business which trigger banks to require business standards of applications, which scammer and schemers to not want to do. thus they will blame the bank for not handing over funds freely..

even fiat based project managers know. if all you have is an idea/prototype/plan but not yet a business. you dont go to a bank. you go to venture capital and promote the idea. not the "business". the venture capital then helps to put a board/chairman inplace to help organise the project into a legit business.
1606  Other / Off-topic / Re: Do we really need a lot of foods?? on: December 05, 2023, 04:22:59 PM
Well, all your body needs is calories which should be 1800 calories per day for a person to be healthy, so its your choice how you want to take it and how much you want to take it, so if you concede more than your body need then it becomes fat leads to obesity and if its upside down the body will take the energy from the stored fat but its just usually a backup which can work for a while.

your body does not need calories..
calories are not even a substance or nutrient
calories are a mathematicians unit of a calculation of something else

your body needs a whole range of real nutrients.
sugars&fats, vitamins, proteins, minerals

of those 4 categories there are different individual nutrients
for instance
sugars&fats is the family of: dextrose, glucose, fructose, lactose, sucrose, maltose
and they all have different reaction, effect and need of the body

for instance
lactose: helps aid the body absorption of other minerals
dextrose: helps aid the body absorption of water
1607  Other / Off-topic / Re: Crypto Insight Lounge - dont miss any 1000x anymore on: December 05, 2023, 04:11:13 PM
and sorry but what 1000x? not sure if there are even one that can prove them knowing what coin or project that will go x100 that easy and accurate

its a pump and dump group
if they can recuir enough idiots and promise them a 1000x.. the naive traders will buy and pump to 500x thinking they are outsmarting the system by not buying all the way to the top.. but the organiser never truly beleived it would get to 1000x, and so selles at just 80x thanks to the pumpers

the pumpers are then left buying upto 500x buy selling between each other. leaving one bag holder at the top buying everyones sells below him.. and yep he is left holding a bag of tokens that will never reach 500x again so has to sell at a lower cost = loss


meanwhile the organiser that promised 1000x exited at a healthy 80x

and thats how the game is played.. scammers that want 8x will promote 100x thinking recruited idiots will atleast pump 10-50x thinking they are smart
1608  Other / Off-topic / Re: Do we really need a lot of foods?? on: December 05, 2023, 04:05:50 PM
astronauts dont eat pills

they have 2 litres of water and 2kg of food (2litre=2kg so 4kg combined of water and food total a day)
technically its dehydrated food of 500g which they put 1.5lire into pouch to re hydrate

its much the same as things on earth
1cup dehydrated potato flake+3 cups water = instant mashed potato
1 cup dried rice+3 cup water= cooked soft rice
1cup lentils+3cups water=lentil soup
1609  Bitcoin / Bitcoin Discussion / Re: can't understand why Korea is in speculation on: December 05, 2023, 02:51:47 PM
bitcoin plays the long run (retirement) where people hold for 4-#0years
altcoins are the pump and dump, where people hold for 1day-1 year

PoW mined coins are more of the long run if the coin has real world utility
PoS minted coins is the pump and dump short term plays

1610  Bitcoin / Bitcoin Discussion / Re: PROS AND CONS OF DIFFERENT CONSENSUS MECHANISM on: December 05, 2023, 02:35:13 PM
PoW has a upfront cost of creation... hence the idea of mining
PoS is just a signed agreement of creation.. hence the idea of minting (printing) using a penalty of someones value if nefarious


PoS has no underlying value(cost) so the market price is 100% speculation and can dump down to zero when speculation dies
PoW has underlying value(cost) so the market wont dump down to zero when speculation dies


PoW mining is decentralised people can pool hop if a pool is acting nefariously

PoS is locked to a custodian. if a custodian acts nefarious stakers are supposed to veto that custodian.. but doing so destroys their stake so they dont veto nefarious acts


PoW miners work just as effectively whether 2million asics are distributed 4 pools of 500k asics or 40pools of 50k asics or 400pools of 5k asics
PoS works effective the more centralised the stake is


though PoW relies on hashpower, the economic nodes(exchanges/merchants) can reject blocks if it doesnt follow majority agreed consensus
PoS is usually locked to economic nodes and users wont want to veto their own services block as they lose their wealth
1611  Economy / Economics / Re: Banks are the cause of millions of crypto project failures on: December 05, 2023, 02:23:29 PM
again banks dont just create money for themselves and then invest it.. they cant.. so OP's premiss is wrong

however project managers do not go to banks for loans either.. most project managers go to the private sector for funding
things like crowdfunding and seed rounds

the reason crapcoin pump dumps cant get investment is because:
a. project sounds scammy
b. project manager thinks they are jesus and disciples will flock to them
c. project managers do not go out to the private sector and pitch for seed funding
1612  Other / Off-topic / Re: All my social media friends don't want to reply me lately, dafuq is going on rn? on: December 05, 2023, 02:07:13 PM
review your topics of conversation. scrutinise your conversations.. look at where your topics have not been part of the main conversation. look at where you have tried too many times to trigger a topic they have not wanted to discuss but you kept pushing
...

funny part is i do not ass-kiss people on this forum. and yet even after years certain adversaries still want to comment and get involved in conversations with me. its actually difficult to get people to ignore me because deep down they know my topics have substance and they spend time "trying" to overcome my points
they might end up just slinging insults instead of providing proof. but they still engage because the topics are worthy of discussing even if opinions differ

so look at the topics you discuss and see your history of peoples responses and see where you may have gone wrong and bored people to death or poked at them with topics of irrelevance, learn to fund topics of worthy converse, topics of depths that can promote discussion

the only real topic that would break friendships would be if you try to inform your friends of your similar experiences and comparisons between you and them of romantic acts YOU have performed on THEIR spouses.. definitely a friendship killer
1613  Economy / Economics / Re: How to be more effective working remotely. on: December 05, 2023, 01:49:05 PM
i know this topic is more about inefficiency of work tasks due to comfort/laziness.. but has anyone done the opposite

has anyone noticed when working at home they can get away with doing things slower, and utilise this fact to work for 2 employers at the same time
EG having 2 devices logged in 9am-5pm and work back and forth during the day on two employers tasks to double income for same 40 hours a week

many employers have noticed.. and thats why they actually want people in the office so that people are not working 2 jobs at the same time
1614  Economy / Economics / Re: What class of an investor are you? on: December 05, 2023, 01:36:49 PM
What class of an investor are you?

i am:
The researcher investor
The researcher investor wants to conduct thorough investigation before deciding whether to invest.They might even decide against investing altogether since, if you wait to make a decision until you know everything, you might never invest.

The Wealthy Trader
This one has had a number of profitable investments over the years. They are knowledgeable, experienced, show expertise.

even if i love bitcoin i wont invest near a ATH i wait for the correction.. people can only know when a ATH is happening if they do their research
buy low sell high.. is the best rule to follow. do your research to see if price is at a cycles low mid or high

gold is at total history ATH so not a good time to buy at all
1615  Economy / Economics / Re: Cracking the Code of Saving Money... on: December 05, 2023, 01:31:18 PM
Every month before getting salary I plan to spend part of salary for family and keep part for personal expenses and save the rest but at the end of the month I don't see the amount of my savings. I managed to figure out the reason why I can't save but even after finding the reason I can't improve in that area. I have a habit of overspending as well as eating out and traveling a lot, which is why I can't save a certain amount at the end of the month even when I plan. Since saving for the future is very important, I try to limit my spending and avoid the extra expenses that I have. Since I was able to find the reason I will be able to save even if it takes time.

the problem is you are SPENDING FIRST and THEN SAVING at the end of the month
instead: when you get paid . first put money aside for savings
this will then cause you to need to change your habit of over spending

you will start to plan what to do with spending money.
EG not simply book travel, but use price comparison sites to get better deals on travel
EG look at last 3 months of spending. put items into categories and total it up in excel
then think about a TRUE budget for each category thats less than the average of the last few months but still an amount to enjoy each category

then get more then one debit card account and put the budgets of each category into each debit card to properly separate the budgets so your not borrowing/stealing money from one budget to feed the other


be organised at the start of the month.. dont wait until the end of the month to then see what you have left to divide up
1616  Economy / Economics / Re: How do you deal with the exponential appreciation of Bitcoin? (for the oldest on on: December 05, 2023, 08:21:42 AM
i started at $6/btc, i day traded a bit i bought more in different years

but recently i only buy after a ATH, knowing putting funds in the post ATH corrected low, the next ATH will multiply that allotment

i dont co-mingle the funds to total them to an average cost.. i keep numbers separate
eg
2012 6/btc is 7000x now (at the time i knew it would go over prev ATH of $32(min target 5x))
2014 400/btc is 100x now (at the time i knew it would go over prev ATH of $1200(min target 3x))
2018 3500/btc is 12x now (at the time i knew it would go over prev ATH of $2000(min target 6x))
2022 28000/btc is 1.5x now (at the time i knew it would go over prev ATH of $70000(min target 2.5x))
2022 19000/btc is 2.2x now (at the time i knew it would go over prev ATH of $70000(min target 3.6x))

i got no need to sell, so im hoarding long term knowing getting more then 2x per 4 years is 60% profit a year MIN target. which is better then fiat bank interest of 5%
1617  Economy / Trading Discussion / Re: What is perpetual/futures trading exactly? on: December 05, 2023, 07:49:40 AM
snip

also it's called market manipulation which is illegal.

market manipulation is illegal if for instance its the exchange service owner itself doing the manipulating on its own platform, using fake balance.

if customers/traders are trading using their real value and making their own trade decisions, then its called smart trading and perfectly legal
1618  Economy / Trading Discussion / Re: What is perpetual/futures trading exactly? on: December 05, 2023, 07:36:04 AM
futures traders do bigger deals of 1000btc+(after leveraged totals) per whale on futures market. like last week betting that the spot market will not exceed $39k
they also using a couple btc do trades per whale on the spot market to keep the price below $39k(to ensure their futures contracts win)

when their future market contracts complete.. they no longer need to trade on the spot to keep the spot price down. thus their spot walls disappear. and the natural spot trading of normal people then can buy above $39k
1619  Economy / Economics / Re: Banks are the cause of millions of crypto project failures on: December 05, 2023, 05:27:03 AM
There is no sense in what you are saying, no matter if you use a wall of text to express it.

its simple OP has no money but wished he could create a crapcoin. market buy it for pennies using a loan(his bank obviously said no to him).
try and then give it some fame and viral FOMO fluff.. where he hoped to pump his dream and sell at a profit. leaving a bag of crap on victims

so reality of rejection hit him, so he cant pump and dump his own crap coin to profit.. and he wants to blame the banks for not fronting him the money to scam others in a pump and dump


economics lessons 1,2,3

1. dont invest more the you fear to lose
2. dont use debt
3. dont invest time/labour/emotion or money in a coin/project that doesnt have longevity
1620  Economy / Trading Discussion / Re: What is perpetual/futures trading exactly? on: December 05, 2023, 05:03:50 AM
whales do not put their hoard of coins on the spot market
if you look at the market orderbook of spot market most order lines are under 1btc

whales bet using multiple bitcoins and ontop of that leverage it which makes the volume of futures market multiple times higher

yes whales do then put a small percentage of hoard into spot where they then create walls and arbitrage deals to control the spot price to keep the price exceeding their bet limit

we seen it saturday where alot of futures contracts completed where they bet the price wont go over $39k
we seen it sunday where alot of futures contracts completed where they bet the price wont go over $40k

 weekend-yesterday where alot of futures contracts completed where they bet the price wont go over $39k-$40k. and now they won. they dont need to control the price to stay under $39k-$40k and so the natural spot market was allowed to climb.

if you look at a monthly spot chart and you see flatlines like
 /\          
/  \/\/\/\/\//\/\/\/\/\/\/\/\/\/\/\/\/

instead of

 /\  |\     /\/\  /\        /\
/  \/  \/\/     |/  \/\/\/   \
this is an indicator of whale controlling a market. prices dont usually stay flat in a volatile currency
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