Bitcoin Forum
May 07, 2024, 02:58:53 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 [46] 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 ... 468 »
901  Economy / Speculation / Re: The price of bitcoin is not rising soon!. on: May 12, 2023, 05:46:29 AM
The movement of price index has clearly show that the price will not rise this year, is almost half a year now since the price drops, this is far beyond inflation and fiscal policy of the government, I think bitcoin is suffering heavy weight withdrawals and it might end up been this Stuart for the year.

Out of  100% of international market chats bitcoin is beneath the range price counts of crude oil, gas, gold and diamond, that's means bitcoin is far from rising soon.
What do you think?

Try to put more effort, when you want to spread FUD. Grin
The crypto winter isn't over and nobody is expecting some crazy 100K Bitcoin bull run anytime soon. Bitcoin is doing just fine right now.
I hope that this transaction fee madness cause by the ordinals protocol will end soon, but I'm not optimist.
Why the hell do you have to compare Bitcoin to crude oil, gas, gold and diamonds? A global recession might be coming, the price of everything except gold might be going down. Bitcoin might be a safe heaven, but I don't think that the "powers that be" would allow BTC to be used as a safe heaven. I expect another big crypto company going down by the end of the year, probably Binance.
902  Economy / Gambling discussion / Re: UEFA Champions League 2022/23 Season on: May 11, 2023, 10:46:25 AM
I wasn't expecting such weak performance by AC Milan. The first goal by Inter was due to a mistake of AC Milan's captain, not blocking Edin Dzeko well enough. The second goal was scored after a counter attack, when AC Milan's defense was in total chaos.
Inter had missed several other goal opportunities and AC Milan was pathetic at their attacks. Olivier Giroud is in a really bad shape. Raphael Leao's absence also had a role in weakening AC Milan's attack. I can't see how Milan would win against Inter in the next game between them.
903  Economy / Economics / Re: Inflation is Poses a Great Challenge for Delayed Gratification on: May 11, 2023, 06:27:24 AM
Some time 4 years ago, I started to save so that I can buy my dream car which was around $15,450. I was determined. I cut a lot of costs and delayed so many gratifications. For example, I stopped going out with the boys. I did a lot more recycling. I quit eating out and opted for cooking my own meal, I didn't buy new clothes, jeweries, electronic devices etc. I was pretty determined to reach my car saving goal. Before I knew what was happening inflation struck and it swept across all industries. Did you know that my dream car that was an equivalent of $15,450 rose up to $23,680. My heart sunk. It took me doing some additional jobs and twice as much time to rise the new money. So, when someone said that inflation posses a great challenge for delayed gratification. That is, delayed gratification isn't as rewarding especially during inflation, recession. I agreed with them. Do you?

1.You should've invested your money rather than just saving them. Investing preserves the value of your capital and protects it from inflation.
I'm not going to give you investment advise here. You should do you own research.
2.Buying an expensive car(when you don't have high enough income to maintain such car) is a bad decision if you ask me. Expensive cars lose their value pretty quickly and the cost of maintenance becomes very high(especially when the car breaks).
3.Why don't buy a cheaper car, which you could afford? Or maybe you should try to grow your income, in order to afford a 23K USD car.
904  Bitcoin / Bitcoin Discussion / Re: Would you still do business with them? on: May 11, 2023, 05:53:16 AM
Quote
I know that many other centralized exchanges may declare bankruptcy - but let's ignore this for a moment and assume that these companies gets back in business would you patronize them? Would you still do business with them? I know the whole talk of move your bitcoin off centralized exchanges but we cannot denial the fact they that they still play an important role in the crypto community.

No. I'm done with centralized crypto exchanges and I won't be using a centralized crypto exchange(unless I have no other choice).
Respect for Bittrex for staying legit and paying all the funds to their customers. I guess that they weren't some exit scam and they didn't have any insolvency, which means that they simply weren't making enough money from trading fees. The centralized crypto exchange market niche got too crowded, because the trading volumes went down and many people stopped using centralized exchanges. It's normal for some crypto companies to leave the market, since they don't make enough money to cover their operational costs.
905  Other / Politics & Society / Re: Importance of entrepreneur in school curriculum on: May 10, 2023, 10:07:31 AM
I believe that entrepreneurs are born, not created. I can have the best possible education at business and finance, but I know that I can't become an entrepreneur, because I'm lacking social skills, strong work ethics and the ability to take risks. I can't change who I am.
You are right about one thing. The current educational system has to be reformed, in order to better prepare the children for the problems of a complex and uncertain world. Practice is the best education. That doesn't necessarily mean that all the children have to become entrepreneurs. If you everyone becomes a business owner, who is going to work at "9-to-5" jobs? Grin
The world also needs better workers, not just better entrepreneurs.
906  Economy / Gambling discussion / Re: UEFA Champions League 2022/23 Season on: May 10, 2023, 06:15:42 AM
The result in Madrid increases the chance for Manchester City to get to the final. Haaland wasn't as effective as usual, but he has a crucial role at getting the attention of Real's defenders to himself and opening spaces for the attacking midfielders of Manchester City.
Courtois made another great game. If Real Madrid had a weaker goalkeeper, City would have won the match. The goalkeeper of Manchester City also had a great game and did some really important saves. Maybe this season will be the season of Manchester City. I can't see how AC Milan or Inter would compete against City, if the English team reaches the UEFA Champions League final.
907  Bitcoin / Bitcoin Discussion / Re: Crypto Awareness: Bitcoin logos on T-Shirts on: May 10, 2023, 05:36:54 AM
Perhaps he could expand his portfolio of t-shirt designs by adding all the altcoin logos. Grin
I usually like t-shirts with minimalistic designs and I would never buy a t-shirt, that has a giant logo on the front(it doesn't matter if it's the Bitcoin logo or some other logo). That's just me. Maybe other people will prefer more flamboyant and colorful designs.
I don't think that your friend is promoting Bitcoin by selling such t-shirts. He is just selling t-shirts, nothing else(and he doesn't have to pay for the t-shirt designs, which is clever). Many people have seen the Bitcoin logo, but they still don't know what Bitcoin actually is and how does it work. Many people might think that Bitcoin is a company or a fashion brand. Grin
908  Other / Politics & Society / Re: Is a new pandemic imminent? on: May 09, 2023, 10:50:20 AM
Who has officially canceled covid, I think this is a big turnover of money in healthcare, but there are many indicators that a new pandemic is possible. To what extent does this correspond to reality, measles is also multiplying, will the world be covered by new diseases on a large scale? Or is it an economic process?

1.I believe that this topic should be moved to another forum. This is not a healthcare forum, this is the Economics forum. Grin
2.Yes, a new pandemic is imminent. We live in a globalized world and the people could travel and spread viruses across continents.
The real question is when the new virus will strike and how deadly will it be. Another problem is the mass usage of antibiotics, which makes many viruses and bacteria resilient to such medication.
3. How can a pandemic be an "economic process"? Can you elaborate more on this theory?
I think that it is pretty clear that COVID virus was artificially created in a laboratory, perhaps a new artificially created virus will be "released" after a while. The "big pharma" companies want to make more money, but I don't think that they would create another pandemic just for the sake of making bigger profits.
909  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: May 09, 2023, 06:23:59 AM

Indeed, this is very painful, I can't understand why Manchester United could lose to a team that is almost in the relegation zone. The significant difference in position should make it easy for Ten Hag to win the match. However, in fact, everything is beyond expectations, I'm sure the Manchester United Supporters will be disappointed to see this. In the last few matches, Liverpool has always been able to win over their opponents, even being able to draw a score against Arsenal. But apart from the mistakes that have been made by Manchester United, I see that on the other hand, Ten Hag still has several games that have not been played, this makes Manchester United still have a chance to maintain their position and at least be ahead of Liverpool.

Your opinion is a little bit ignorant. Everyone could lose against everyone in the Premier League, the position in the ranking doesn't matter.
De Gea made a big mistake, but that's alright. I've seen way better goalkeepers to make such mistakes, the bigger problem is that Manchester United didn't score any goals. They have difficulties scoring, when Rashford gets blocked and isolated by the defenders.
Arsenal won against Newcastle, which proves that the team from Northern England doesn't deserve to play in the UEFA Champions league. Newcastle made some impressive results against some weaker teams, but they can't compete against the big teams in the Premier League.

910  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin the second stage in the path to a central global currency? on: May 09, 2023, 05:51:38 AM
Quote
Thed maximum of 21 million coins, and the 10 minute block generation time, meant that it could never a currency for mass global adoption, and thus could never compete with the proposed global currency. It became a massive succedss, and the bankers saw that it could become a wonderfukl store of wealth as an addition to gold. I beleve they have been buying and storing large blocks of Bitcoin, and they are using these to create volatility in the market. This frightens most people, and leaves them receptive to a government backed central digital currency. It explains the frequent bear spikes in the current price.

Unicoin has been announced, and it is clear that this is intended to become the centralised, global digital currency. Will it survive, or will it go the way of the Euro? btw, have you noticed that they are heavily moving into food and energy control to strengthen their grip on the gullible public. I won't even start down the road of eugenics, and the role of so-called health care.

I don't want to get involved into this conspiracy theory, because it can't be proven. Can you prove with verified information, that the bankers are buying lots of BTC? I don't think so. Bitcoin's price volatility is created because Bitcoin is scarce, not because a bunch of bankers are buying BTC. What the hell is this "Unicoin" project? I've never heard anything about Unicoin. Are you trying shilling some brand new shitcoin here? Grin Your forum thread looks like a bunch of conspiracy theories thrown all over the place. Are you joking? Is this serious?
911  Economy / Economics / Re: Retirement Age for Workers - Does this Make Sense? on: May 08, 2023, 11:15:52 AM
The state-owned pension/retirement system is the biggest ponzi scheme in history. Few young people enter the labor market, while many old people leave the labor market and start getting pensions. The only two ways to maintain the system are:
1.Import more workers from somewhere else-Africa, Asia, Eastern Europe, etc.
2.Raise the retirement age gradually or at once.
Raising the retirement age with 2 years at once, was a radical decision by Macron. I don't know why he decided to do such thing.
A way better solution would be to raise the retirement age with 3 months every year for several years.
Anyway, I'm not a big fan of the "Bismarck" pension system.
912  Economy / Gambling discussion / Re: How's your gambling experience right now? on: May 08, 2023, 06:43:02 AM
You do realize that almost all crypto casinos accept altcoins, right? Grin
Who would waste money on high transaction fees right now, only for the sake of spending BTC for gambling?
I'm not the biggest crypto fanatic in the world. I don't mind spending some time and money gambling on a fiat online casino.
Everyone keeps complaining about the high tx fees right now. I hope that this blockchain congestion will go away after a week or two. If it stays for more than two weeks, then we have a big problem.
913  Other / Archival / Re: The bitcoin blockchain is on its knees again on: May 08, 2023, 06:15:02 AM
You are spitting facts.
The only way to fight this nonsense would be to just not send any BTC anywhere and HODL. Unfortunately we will receive less BTC because of the high transaction fees, which is bad, but whatever. Just stay in a safe place until the storm goes away and this ordinals trend/hype slowly dies. The BTC miners obviously want this BRC-20 protocol, because they make more money from the higher transaction fees. I don't know how are we going to hardfork Bitcoin Core and kick out all the BRC-20 supporters. Maybe some of the Bitcoin Core developers must step in and express their opinions about this problem.
914  Alternate cryptocurrencies / Altcoin Discussion / Re: Token/Coins pegged to real goods - Negative prices on: May 07, 2023, 10:19:57 AM
I am stucked on a real world problem.

I want to peg a crypto token/coin on a physical existing good like electricity or wheat. And I want to trade this coin/token on DEX's. So there are negative prices on these goods. Are there DEX's which can handle negative prices?

Are there other possibility in handling negative prices on the crypto market?

No, I can't think of DEX crypto markets accepting tokens with a negative price. I guess that the only way for a "negative price" to occur on a crypto market would be one trader borrowing a token from another trader and paying him later(which isn't allowed on the crypto markets). Otherwise, there's no way for financial assets to have negative prices, like some commodities. Why do you want to peg a crypto token with a physical good or commodity? I can't find any reason for this. Do you want to create a stablecoin, which is pegged to electricity prices? This ain't gonna work, the price of electricity can be very volatile sometimes.
915  Economy / Gambling / Re: Why Opening an Account in a Bitcoin Sportsbook is the Future of Sports Betting on: May 07, 2023, 06:42:32 AM
Quote
Enter Bitcoin sportsbooks. By opening an account with a Bitcoin sportsbook, you can enjoy a more convenient and secure betting experience. Here are just a few reasons why:

Quick and easy transactions: With Bitcoin, deposits and withdrawals are lightning fast. No more waiting days or even weeks for your funds to clear. You can make a deposit and start betting in minutes.

Lower fees: Traditional sportsbooks can charge high fees for processing transactions, cutting into your winnings. Bitcoin sportsbooks typically have lower fees, meaning you keep more of your profits.

Increased security: Bitcoin transactions are recorded on a decentralized blockchain, which means they're virtually impossible to tamper with. This added layer of security helps protect your funds and personal information.

I'm wondering why Bitcoin/crypto sportsbooks haven't wiped out all the traditional fiat sportsbooks by now. Grin Maybe it's because they don't have such big advantages over the fiat sports betting platforms. The features described by OP are exaggerated completely. This forum thread is just a bunch of BS. I'm surprised that this thread is still active. Is OP trying to promote a Bitcoin sportsbook website(matching with this forum username)?
916  Bitcoin / Bitcoin Discussion / Re: The world and bitcoins: the matter of global acceptance on: May 07, 2023, 06:05:38 AM
Quote
•   There should be an institution set up by core Bitcoin Blockchain and other chain Developers that will oversea and audit new Crypto project.

•   After auditing, they will also be responsible for the announcement of the genuineness of the project.

•   They will also help track down project owner if it happens that  there is any form of scam.

•   They will help investors get their funds in the case of scam.

•   This single institutions will have their branches across the world to make it easier for them.

•   They should also work with social media to curb the spread fake project by verifying every crypto project on their social media.

•   They will also be on the lookout to fight and bring down every scam project with immediate effect.

Bitcoin is NOT a company nor some kind of central bank or organization. The Bitcoin ecosystem has nothing to do with the so called "crypto projects". Some of them might be using BTC as a currency, but that doesn't mean that they are Bitcoin projects.
The crypto companies must be treated like regular companies and they must be audited and regulated by the government authorities.
What you are proposing is simply to create yet another form of bureaucracy, that will be very expensive to maintain. The governments already have their own bureaucracy, so there's no point of creating a centralized crypto bureaucracy.
The best way to protect the people from scams is to educate them about the potential risks of sending money to a centralized entity.

917  Economy / Economics / Re: Western Alliance shares on: May 05, 2023, 10:46:24 AM
The people working at the Federal Reserve had realized at this point, that a new interest rate hike will be the nail in the coffin for the banks.
I'm sure that FED will stop with the interest rate hikes after the last one.
It's normal to have uncertainty around the US banking stocks. All the news, gossips and rumors could make or break the stock prices of the US banks. We have enough experience with volatility here on the crypto markets. All the crypto haters keep complaining about Bitcoin and altcoins being volatile, but they don't say anything about the volatility on the stock market. Grin I know that cryptocurrencies aren't stocks, but both crypto and stocks are financial assets. Grin
918  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: May 05, 2023, 06:20:14 AM



Selling raphinha will give barcelona decent amounts of money. That means barcelona will have to be sold less than what they must sell before. There are so many players have been including in the list of player to sell.
Raising money is very important for barcelona's future right now. Barcelona is also having a new task to bring messi back again to the campnou. I think that barcelona had no choice and it will still try to accept an offer from newcastle even though raphinha is very happy to play under xavi.

Selling the players like ansu fati, ferran torres will give small money to the club.

I think that there's only 1% chance for Barcelona to bring back Lionel Messi. They will have to offer him a really low salary, and I'm not sure that he will agree to play for a low salary. He went to Saudi Arabia, which means that he wants to sign a multimillion deal, just like Ronaldo did.
I never really liked Raphinha as a player, I don't know why the Newcastle manager would want to buy him. Barcelona has enough good players to sell. They will have to perform really well in the next edition of the UEFA Champions League, if they want to stabilize their finances.
919  Economy / Gambling discussion / Re: How Big is the online gambling industry today? on: May 04, 2023, 12:21:38 PM
Quote
The global online gambling market size was valued at USD 63.53 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 11.7% from 2023 to 2030. The growing internet penetration and rise in the use of mobile phones among users for playing online games is increasing the demand for online gambling. For instance, in 2022, internet penetration in the U.S. was 92% of the country's total population. Furthermore, cultural and legalization approval, easy access to online gambling, celebrity endorsements, and corporate sponsorships are also helping market growth.

63 billion dollars seems like a pretty small market size on a global scale. The global GDP was around 80 trillion dollars, if I remember this correctly.
I don't believe that the global gambling industry is less than 1% of the global GDP.
I guess that this is the market size of the legal and regulated part of the gambling industry. The size of the illegal and unregulated part would probably be bigger. I agree that sports betting has a way bigger potential for worldwide growth, because it is considered to be less harmful, compared to the traditional casino games(which might be a misconception).
920  Economy / Economics / Re: Shrinkflation on: May 04, 2023, 11:40:47 AM
Quote
Shrinkflation is practice of reducing the size of a product while maintaining its sticker price.

I hate it when companies reduce quantity (and often quality too) of product to sell it at same price as before to combat inflation. Oh and don't forget those, "30% Extra" labels.

Inflation makes everything rise, so might as well keep the original quantity and just increase the price.

Do you agree? How would you combat inflation if you were running a company?

Does it ever matter? Inflation is inflation. It doesn't matter if the quality/quantity gets reduced or the prices go up.
You are terribly wrong about something.
The business owners/managers cannot "combat inflation". Only the governments and the central banks can fight inflation by interest rate hikes, higher taxes and cutting government expenses. 99% of the time, inflation is created by the governments and the central banks, which is a part of the absurd reality we live in. All the companies in the private sector can only adapt to the situation(by cutting costs and increasing the prices).
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 [46] 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 ... 468 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!