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4621  Economy / Economics / Re: How are we not INVADED yet? on: June 09, 2017, 09:14:48 PM
Three things to help answer your question.

#1 Penny stock price volatility. Compare penny stock volatility to crypto coin volatility. Penny stock volatility is much higher this typically makes it a more attractive option to day traders. (Short term trading)

#2 Examples of people investing in dividend re-investment plan(DRIP) stocks earning them enough over the long term to retire early. There are documented cases of this happening. (Long term buy and hold)

#3 HFT(high frequency trading) / dark pools and the substantial advantages they can offer over crypto trading. (The best platform for algorithmic trading, offering many built in advantages over crypto bot trading)

To break it down, penny stocks offer higher volatility than crypto. There are documented cases of long term buy and hold, dividend re-investment plans(DRIP) being extremely successful over the long term. HFT trading offers many significant advantages to bot trading. The long term growth of crypto is probably the most attractive thing about it. There probably aren't a lot of advantages to the trading aspect of it unless you own an exchange, are a whale that can afford to pump & dump or invest in some pre-minded altcoin.
4622  Economy / Gambling discussion / Re: UFC FN 110: Lewis vs Hunt Info and Prediction Thread on: June 09, 2017, 07:46:59 PM
It's clear that Overeem is not natural, or at least he wasn't for lots of years, he looked like a damn bodybuilder, it's clear he was cheating. Not sure about now. What is IV?

IV is IntraVenous.

Its what they call the bag full of fluid MMA fighters used to IntraVenously inject through their veins to re-hydrate themselves after cutting weight.

IV's were banned after USADA random testing/out-of-competition testing went into effect as the plastic can be used to mask the deliver of PED's to a limited degree. The plastic bag the IV is made of can be detected via testing. In the past athletes put PED's in IV bags that's the reason USADA objects to it.

Its normal for hospitals/healthcare to use an IV on someone who is severely dehydrated/sick. Overeem using one probably isn't as major an issue as some are making it out to be.
4623  Economy / Gambling discussion / Re: UFC Fight Night June 10 - Lewis vs. Hunt predictions on: June 09, 2017, 07:42:20 PM
Ion Cutelaba likes to wear green paint and dress up like incredible hulk for weigh ins. He also likes to stare in a stern manner at his opponents & seems like a pretty tough guy.

Daniel Kelly is like an australian manly version of ronda rousey. Lots of judo cred. Very tough.

Derek Brunson hasn't fought as well since he left greg jackson's gym & started training himself out of his own gym. He's another tough guy for sure.

Mizuto Hirota looked much improved when he fought Cole Miller. It'll be interesting to see if he'll be more improved in this fight.

Main event is Mark Hunt vs Derrick Lewis. Two tough heavyweights. Whoever wins the 1st solid punch usually wins with heavyweights. That could make it hard to predict.
4624  Economy / Gambling discussion / Re: NBA FINALS (Golden State Warriors vs Cleveland Cavaliers) on: June 08, 2017, 07:54:53 PM
Last game was close and the outcome was decided in the last few minutes of the game.

Hoping for the cavs to win at least a few games in the series to make it interesting.

Durant seems very tough mentally & very professional.

The warriors really needed someone like him to keep them grounded and keep their heads in the game.

Someone like a father figure or big brother to look up to.
4625  Economy / Economics / Re: Is Bitcoin A Bubble? Why many people are looking at this through the wrong lens on: June 08, 2017, 07:39:37 PM
A big fault of what exactly?

What economic analysis which is not being very advanced as well as reliable are you talking about? Whether the US dollar is a bubble or not is questionable, but so far we haven't seen it burst in the way like stock markets crash. Therefore, you can't possibly say that "economic analysis" (whatever you might mean by that) was not very good at "predicting economic failure". You may want to clarify what your reply is about

I'll give you an example of how analysts and the media stranglehold over information can contribute towards denial of economic fact.

There were indications was early as 2005 that the 2008 economic crisis was coming. In the following clip you can see how the media used its power to deny the evidence ensuring the public would follow the "no one could have predicted this disaster" denialist campaign.

https://www.youtube.com/watch?v=HQ79Pt2GNJo

Officially there was only 24 hours warning for the 2008 economic crisis, despite this example of there being evidence years in advance.

Some have the idea that its normal for weatherman to have superior predictive ability and for tsunamis to be easier to predict than bubbles in markets or the economy.

I don't think that's normal at all. Matters are arranged that way for many reasons. Russia, china and other countries abandoning the dollar and replacing it with bitcoin could be considered evidence fiat dollar is a bubble and bitcoin is not. Of course we will not know for certain until maybe 5-10 years in the future. It could be accurate to say the dollar is a bubble today, for reasons discussed previously even if the hard evidence isn't available yet.

With Trump there is hope of him turning things around & the dollar not being a bubble.

If Hillary was in office the dollar would definitely be a bubble and there would be no hope at all.
4626  Economy / Computer hardware / Re: Where to buy GPUs? on: June 08, 2017, 07:34:16 PM
Sometimes investors buy up the entire stock of a commodity to have a monopoly over the market.

Example years ago someone bought up europe's entire supply of cocoa beans(chocolate).

Quote
A British businessman has purchased Europe’s entire cocoa supply in a move analysts say could be an attempt to control the market and drive prices to historic highs, the U.K.’s Daily Telegraph reports.

More than 241,000 tonnes of cocoa beans — enough to fill five Titanics — was the largest single cocoa transaction in the past 14 years. The loot is worth more than $1.7-trillion and the sale has effectively placed a large portion of the world’s cocoa supply into the hands of one mysterious trader whose intentions are unknown.

http://news.nationalpost.com/news/europes-entire-cocoa-supply-bought-out-analysts-suspect-market-cornering

It is possible something similar is happening with second hand GPU's which might normally be bought in bulk for mining purposes.
4627  Economy / Services / Re: Writing HQ articles. 0.01 BTC per 800 words. on: June 08, 2017, 07:09:55 PM
0.0000125 BTC a word. I can show a preview before it is done.

Articles can be written about literally anything so feel free to ask.

Samples:

Is that rate comparable to published articles on the associated press?

This small site publishes their rates @ $0.06 per word for science fiction genre short stories.

http://compellingsciencefiction.com/submit.html

4628  Economy / Gambling discussion / Re: 2016/17 NBA Season on: June 07, 2017, 08:07:24 PM
The cavs could be a centralized team relying mainly on LeBron and a few others.

The warriors might be described as being more decentralized arrangement relying not on a few central figures to score or defend but having talent more distributed throughout the team.

The cavs versus warriors matchup could be a classic case of centralization vs decentralization.

Similar to fiat(centralization) versus bitcoin(decentralization).

Good analysis / bad analysis?

Maybe unfair analysis considering the warriors could have a big enough advantage to not be a fair comparison?
4629  Economy / Economics / Re: Is Bitcoin A Bubble? Why many people are looking at this through the wrong lens on: June 07, 2017, 08:00:46 PM
My friend. The United States of America will rather go start a war than fall like the USSR and East Germany did. In fact, they dont have to, because it is in the very interest of countries like China and Japan that America stays afloat. If they go down, theyre taking everyone with them.

The last time the united states went to "war" it spent in excess of $6.5 trillion and only succeeded in making its terrorist enemies more powerful. USA went to war and ISIS for example went from being a small organization to being a large, powerful, organization which encompasses near to the entire world? Spending $6.5 tril to achieve that, seems like a bad deal?

America is not equipped to wage war efficiently or cost effectively. It routinely inflicts a higher dollar damage amount to itself whenever it goes to war, than it manages to inflict on its enemies. I'm not certain what "war" is supposed to achieve? It would exacerbate the deficit and cause the united states to implode economically at a faster rate?

I don't need to believe in that

What you call "currency manipulation" is one of the tools that central banks (like the Fed) use to regulate the financial (currency) markets, i.e. the currencies they happen to issue. And this is not something that that they do covertly, this is one of their major tasks written in their policies, i.e. to support the stability of the national currency including but certainly not limited to direct currency interventions. Whether they are good at it or not is another question. Sometimes they lose massively (see George Soros versus British pound affair). Regarding economic rules and laws, if they can override these, they will. If they can't, the rules will override them eventually. As simple as it gets

I think a big fault of this involves economic analysis not being very advanced or reliable in regard to recognizing or predicting economic failure.

Maybe that is deliberate as it makes it easier to unload toxic assets upon the unsuspecting.
4630  Bitcoin / Bitcoin Discussion / Re: Shower thought: bitcoin parliament on: June 07, 2017, 07:54:29 PM
If progress is your goal, one could say you cannot achieve true progress by repeating the same old, tired, mistakes of the past.

Parliament today represents a government organizational structure which opens borders and allows foreign invaders to enter to commit crime, murder and rape against a public which remains unarmed and unable to defend themselves.

If we're going to create a better future we cannot do it by using the old elitist style of thinking which the word "parliament" represents.
4631  Economy / Gambling discussion / Re: UFC 212: Aldo vs Holloway Info and Prediction Thread on: June 07, 2017, 07:34:43 PM
Do you think Jose Aldo over did steroid use in the UFC? Not in all his MMA career, but just in the UFC.

AFAIK there was no out-of-competition drug testing before USADA.

Fighters could avoid drug tests by taking 3 months when they didn't have fights scheduled to cycle steroids & other PED's, knowing they wouldn't be tested.

Looking at fighter records, those with consistent 6-8 months inbetween fights like Jose Aldo has could have abused PED's outside testing.

Kevin Randleman's official reason of death was "pneumonia". It's too hard to know what cause it specifically.

This is interesting.



I think both Kimbo and Randleman may have died due to heart complications.
4632  Economy / Economics / Forget Terrorism: The Real Reason Behind The Qatar Crisis Is Natural Gas on: June 07, 2017, 06:34:20 PM
Quote
According to the official narrative, the reason for the latest Gulf crisis in which a coalition of Saudi-led states cut off diplomatic and economic ties with Qatar, is because – to everyone’s “stunned amazement” – Qatar was funding terrorists, and after Trump’s recent visit to Saudi Arabia in which he urged a crackdown on financial support of terrorism, and also following the FT’s report that Qatar has directly provided $1 billion in funding to Iran and al-Qaeda spinoffs, Saudi Arabia finally had had enough of its “rogue” neighbor, which in recent years had made ideologically unacceptable overtures toward both Shia Iran and Russia.

However, as often happens, the official narrative is traditionally a convenient smokescreen from the real underlying tensions.

The real reason behind the diplomatic fallout may be far simpler, and once again has to do with a long-running and controversial topic, namely Qatar’s regional natural gas dominance.

Recall that many have speculated (with evidence going back as far back as 2012) that one of the reasons for the long-running Syria proxy war was nothing more complex than competing gas pipelines, with Qatar eager to pass its own pipeline, connecting Europe to its vast natural gas deposits, however as that would put Gazprom’s monopoly of European LNG supply in jeopardy, Russia had been firmly, and violently, against this strategy from the beginning and explains Putin’s firm support of the Assad regime and the Kremlin’s desire to prevent the replacement of the Syrian government with a puppet regime.

Now, in a separate analysis, Bloomberg also debunks the “official narrative” behind the Gulf crisis and suggests that Saudi Arabia’s isolation of Qatar, “and the dispute’s long past and likely lingering future are best explained by natural gas.”

The reasons for nat gas as the source of discord are numerous and start in 1995 “when the tiny desert peninsula was about to make its first shipment of liquid natural gas from the world’s largest reservoir. The offshore North Field, which provides virtually all of Qatar’s gas, is shared with Iran, Saudi Arabia’s hated rival.”

The result to Qatar’s finances was similar to the windfall that Saudi Arabia reaped from its vast crude oil wealth.

Quote
The wealth that followed turned Qatar into not just the world’s richest nation, with an annual per-capita income of $130,000, but also the world’s largest LNG exporter. The focus on gas set it apart from its oil producing neighbors in the Gulf Cooperation Council and allowed it to break from domination by Saudi Arabia, which in Monday’s statement of complaint described Qataris as an “extension of their brethren in the Kingdom” as it cut off diplomatic relations and closed the border.

In short, over the past two decades, Qatar become the single biggest natural gas powerhouse in the region, with only Russia’s Gazprom able to challenge Qatar’s influence in LNG exports.

http://www.anonews.co/the-qatar-terrorism/

More info with charts, diagrams, infographics and tweets available @ link.

Summary: This says Qatar is being punished for its recent riches and economic success by other middle eastern countries who feel threatened by what could be shifting balance of power in the region & growing autonomy of Qatar which is becoming increasingly independent as it becomes richer...


4633  Economy / Gambling discussion / Re: 2016/17 NBA Season on: June 06, 2017, 08:24:53 PM
Don't forget Cavs were losing the series 0-3 before they made their comeback and won the series last year.

The warriors often slow down and begin to lose their mental composure around games 3 or 4.

History could repeat itself.

Although Durant never seems to lose his mental composure. That's one of the big things the warriors have going for them this time around.
4634  Economy / Economics / Re: Is Bitcoin A Bubble? Why many people are looking at this through the wrong lens on: June 06, 2017, 08:15:03 PM
Lets focus on USD. But USD is currently backed by the US government who has a monopoly in law enforcement and military protection of the United States of America. No matter what you say about the USD, you are forced to use it whether you like it or not. Its what funds the military to function. You wont be happy without it believe it or not.

The fall of the USSR & end of the Cold War demonstrates how even superpowers are not immune to basic laws of economic disaster.

The USA being $20 trillion in debt could end in a similar fashion to the downfall of the USSR.

Although the media doesn't discuss it, the deficit could be the greatest threat to the united states in this day and age.

For these reasons the US dollar could be a bubble. It could be overvalued far more than bitcoin is.

You won't believe me

They're bubbles as there has been no price correction

As to me, that's one of the most shitty arguments that I've read here recently

It is like saying that if something had been growing and we hadn't seen a price correction for it, it should necessarily be a bubble. It is like claiming that if you didn't find a proof of something, then you can safely conclude that it doesn't exist (I rephrase the old maxim that the absence of proof is not proof of absence). Anyway, people didn't believe in black swans at first either



Until they were actually discovered

The media loves to talk about china engaging in "currency manipulation". Its a question of whether you believe china is the only country in the world that engages in currency manipulation the way the media claims. Or whether the united states & other countries also manipulate the value of their currency to avoid the types of massive price corrections that should naturally follow countries adding trillions of dollars of deficit and debt to their balance sheet.

Its also a question of the double standard people have where they believe governments are exempt from basic rules of economics and that $20 trillion dollars of debt shouldn't affect a state the way it would affect a corporation or private sector entity.

4635  Bitcoin / Bitcoin Discussion / Re: Are you For or Against "Government" Regulation of Bitcoin. on: June 06, 2017, 07:57:08 PM
If the government regulated bitcoin.

The 1st step would be bitcoin payment processors robbing people & closing accounts for no reason the way *regulated* payment processors like paypal have done.

The overall quality and reliability of bitcoin in general would fall significantly the second it became regulated.



4636  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin be centralized and be regulated by the Government if...? on: June 06, 2017, 07:47:31 PM
Venezuela attempting to nationalize toyota while waging a war against capitalism in their decades of socialist policy is one of the key reasons for many private sector businesses abandoning the country. Its one primary reason for venezuela's economy being in dire straits.

If the united states tried to nationalize bitcoin, similar to venezuela pushing anti-capitalist policies in their attempt to have the government control everything, it is likely that many private sector businesses would abandon america the same way many have abandoned venezuela.

That may be one main reason the government would not attempt to nationalize or *takeover* bitcoin operations.

Google, microsoft, amazon and many large private sector entities would likely abandon the united states if the government began to nationalize private sector portions of the economy. Economic ruin would follow.
4637  Economy / Economics / Re: Is Bitcoin A Bubble? Why many people are looking at this through the wrong lens on: June 05, 2017, 10:39:06 PM
Actually USD and EUR are not bubbles.

USD and EUR are bubbles.

They're bubbles as there has been no price correction to account for the magnificent amounts of debt accumulated by both EU and USA governments.

I hope you're learning something. Many patently false things said on this forum.
4638  Economy / Economics / Re: Is Bitcoin A Bubble? Why many people are looking at this through the wrong lens on: June 05, 2017, 09:15:23 PM
As to me, this looks more like an inverse bubble. Here's the real bubble for your viewing pleasure:



Other than that, without the curve showing the rise in average wages, the chart you posted is pretty meaningless on its own. If the wages rose as fast the dollar depreciated, that would amount to 0 as a net effect. Further, as you have been already told, out of 20T dollars of the US national debt, only around 5T dollars are held to foreign holders, and this is in fact not a debt as such but rather a tribute paid by the holders of the debt to the US, or a payment that US itself charged the world for using the US dollar as a global currency


If you think bitcoin is a bubble, sell all the BTC you have & buy fiat or gold.

You won't do it: even you don't believe the things you're saying.

 Tongue

Russia, australia and japan are adopting bitcoin as they know fiat is a bubble and bitcoin is not.

For me I see the bitcoin bubble as a myth and to those who are still harbouring that idea are either I'll informed or does not want to be relevant with reality in the sense that they only try to compare on how price have increase over the years without even taking  into consideration the various downs that have been witnessed in between those comparing times and at the same time not understanding the basis for the increase in price ie the factors behind it.

EXACTLY.

Bitcoin isn't a bubble because its price movement can be explained and verified via increased trading volume and demand.

4639  Economy / Economics / Re: Gulf Arab Countries Just Cut Relations with Qatar on: June 05, 2017, 07:14:45 PM
I'm not certain about the politics behind this.

Donald Trump recently signed a $300 billion dollar arms deal with saudi arabia.

Qatar may have been part of that deal.

We'll have to wait awhile for confirmation to see how this plays out.
4640  Economy / Gambling discussion / Re: UFC 212: Aldo vs Holloway Info and Prediction Thread on: June 05, 2017, 07:08:11 PM
@Hydrogen. I do not think so. Jose Aldo still has 5 or more years in him. Most of it may not be the big fights that he is used to but he will still continue to fight as long has he has motivation to do it. Look at Anderson and Vitor, they are over their 40's but they are still in the most competitive organization in all of MMA.

It all depends on whether Jose Aldo has abused steroids during his career.

If Aldo abused steroids, eventually he could reach a point where his heart & cardiovascular system will become damaged & negatively affect his cardio.

That could be what happened to Aldo when he fought Frankie Edgar. Aldo had to pace himself and only fought the last 1-2 minutes of each round. Frankie Edgar made the mistake of giving Aldo a lot of time and space to recover when Aldo did get tired. Max Holloway gave Aldo no time to rest and threw a lot of body shots. That could be why Aldo started to get tired in the 3rd round & he slowed down enough that Max Holloway was able to finish him.

No one keeps records on the negative effects of PED's afaik but Kimbo Slice & Kevin Randleman dying prematurely at relatively young ages could be because of steroids. A lot of professional WWE/WWF wrestlers have also died young from steroid/drug abuse. I hope those who feel tempted to take steroids think twice, it can have a lot of negative long term consequences.
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