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1401  Other / Politics & Society / Re: European Union looks to Nigeria for Gas to replace Russian supplies on: July 23, 2022, 06:58:33 PM
At the same time, the EU, in addition to finding new suppliers, including Nigeria, adopts a resolution on a 15% reduction in the consumption of Russian gas. For review link: https://ec.europa.eu/commission/presscorner/detail/en/IP_22_4608
Shame on Robert Habek: no one wants to help him save energy

Quote
The EU Commission's plan to force member states to save energy turns out to be unrealistic just hours after the announcement. A number of EU countries are categorically against the idea put forward by Germany: Greece, Portugal, Poland, Cyprus, Hungary and Spain categorically reject the plan to collectively reduce energy consumption by 15 percent.
1402  Economy / Economics / Re: Can BTC keep up with another Fed rates hike? on: July 23, 2022, 06:44:49 PM
If interest rates continue to go up (which is probably going to be the case), I'm not so much worried about bitcoin as the stock market.  Stocks will likely take a worse hit since the crypto market has already taken a beating this year, and stocks are what make up most of average people's retirement funds.  That could be a nightmare for the older generation.
Yep, that's right. The Fed is now in the role of Buridan's donkey, who does not know what to save - the dollar from inflation or the stock market from a collapse. I wouldn’t worry too much about bitcoin in this situation, because bitcoin is freedom, and there will always be enough paying demand for freedom in the world.
1403  Local / Политика / Re: Мы народ Украины on: July 23, 2022, 06:25:25 PM
Зачем давать ложные надежды? Приднестровье на днях недвусмысленно заявило, что с 2006 года держит курс на воссоединение с Россией, поэтому сухопутный коридор до Тирасполя как ни крути палюбому нужен. Да и к Одессе за Дом Профсоюзов предъяву никто не отменял.
Ну, должна же быть у них хоть какая-то надежда на лучшее.
Кроме того, всегда можно будет сказать, что шанс даже сейчас у них был. Но они его снова бездарно проебали )
Да они там похоже все пиздец упоротые. Grin
1404  Other / Politics & Society / Re: European Union looks to Nigeria for Gas to replace Russian supplies on: July 23, 2022, 06:18:19 PM
Also, why should you buy from a country that are at war.... when you can buy from other countries where they have a stable economy and also a solid political stance on that war.  Wink
Are you talking about Nigeria now?
1405  Local / Политика / Re: Мы народ Украины on: July 23, 2022, 05:42:46 PM
Снорк, слушай у тебя же хорошая память.
Спасибо, не жалуюсь.
Так а в чем твой вопрос то?

Дадут ли Украине ПРО против Кинжалов? Ответ: нет, т.к. таких ПРО нет даже у муриканцев.
Ограничится ли Украина потерей лишь сегодняшних 20% территории? Ответ: нет, т.к., как минимум, должны ещё из ДНР выкинуть всех оккупантов с желто-синими тряпками.
Сохранит ли Украина выход к черному морю? Ответ: ХЗ, т.к. это зависит от времени подписания Украиной мирного договора. Если продолжат тормозить, то и выход к черному морю потеряют полностью.
Зачем давать ложные надежды? Приднестровье на днях недвусмысленно заявило, что с 2006 года держит курс на воссоединение с Россией, поэтому сухопутный коридор до Тирасполя как ни крути палюбому нужен. Да и к Одессе за Дом Профсоюзов предъяву никто не отменял.
1406  Economy / Economics / Re: How Much Garden You Would Need to 100% Survive On on: July 23, 2022, 05:19:08 PM
It was nice to remember how everything was beautiful and green in the spring, and now, unfortunately, the heat waves are destroying everything in front of them, regardless of all the effort. Anyone who tries to grow their own food under these conditions really needs to be incredibly persistent or as some would say a little crazy.
Evil tongues say that this is the work of Putin's secret climate weapon, but I think this is the consequences of the accident in the Gulf of Mexico in 2021, which almost killed the warm Galstream current, which made the climate milder in Europe, when there is no extreme heat in summer and there is no extreme cold in winter. Although I don't have an extra chromosome like Greta Thunberg to be a big climate change expert.
1407  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: July 23, 2022, 04:58:04 PM
Orban said Ukraine will never win the war this way "quite simply because the Russian army has assymetrical dominance".

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We are sitting in a car that has a puncture in all four tyres: it is absolutely clear that the war cannot be won in this way.

Quote
As Russia wants security guarantees, this war can be ended only with peace talks between Russia and America.

The opinion of Ukraine (and the European Union) on this issue already seems to be of no particular interest to anyone. It looks like Orban is the last public politician in Europe with balls.
1408  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: July 23, 2022, 11:37:24 AM
Oh, have you brought fresh wet erotic fantasies of Lucy "talking ass" Arestovich? Grin
Actually, Arestovich wasn't prime source of these news. On various telegram channels it started to spread yesterday morning and initially it was written about 2000 troops, later it was confirmed that there is about 1000 troops.
Erotic fantasies of Arestovich or fairy tales of Konashnenkov. I rather pick first one.
It is strange that the General Staff of the Armed Forces of Ukraine does not know anything about this. But you continue to believe Lucy's fantasies and the fakes of various  telegram channels. Grin

Meanwhile, on the territory of the Kherson region, the Odessa brigade, formed mainly from citizens of Ukraine, went through combat coordination. The main goal of the Odessa brigade is the demilitarization and denazification of Nikolaev and Odessa.

And the key points of the grain deal concluded the day before:
1. All restrictions on the export of food and fertilizers have been completely lifted from Russia
2. Completely unlocked the transit of goods to Kaliningrad through Lithuania
3. Ships going to Odessa to export grain will be inspected by Russia at the entrance and at the exit
4. Turkey will take grain from Odessa with a 25% discount
1409  Economy / Economics / Re: Who will Replace Russian Gas Supplies to Europe? on: July 23, 2022, 11:11:30 AM
If you carefully study the problems, and do not suddenly draw gloomy forecasts for everyone out of habit, in order to fulfill propaganda goals, you will learn a lot of interesting things! Smiley
For example:
- Russian gas accounts for approximately 40% of EU gas consumption (according to the International Energy Agency).
- Portugal: gas in the country's energy system is approximately 25%. At the same time, approximately 15% of 100% of the purchased gas is of Russian origin, i.e. about 4% in the country's energy balance Smiley
- Spain: in fact, similar to Spain, about 5% of the country's energy balance is Russian gas.
- Italy: gas in the energy system of the country is 40%. At the same time, approximately 42% of 100% of the purchased gas is of Russian origin. But - the Italians can thank Berlusconi, an old ally of the Kremlin terrorist, it was he who allowed the Italian market to be so heavily monopolized. In short, hello Berlusconi Smiley
- Hungary: the Kremlin's longtime pet dog that will squeal against any move against Russia's interests.
- Greece: Approximately 35% of the total gas consumption is Russian. Not a big problem Smiley And in general, she is for those who give them money, today she can be against the EU and for Russia, tomorrow she will be for the EU and against Russia, and the day after tomorrow in general for China Smiley

And most importantly - if you read between the lines, you understand that a 15% reduction in consumption is aimed precisely at reducing purchases of Russian gas! Smiley

In total, from the countries cited to you, subject to slightly incomplete information (they will reduce the consumption of Russian gas in the first place), 2 countries do not care at all (give a link - who exactly is against it?)

1 country, Italy, like Germany, is a victim of betrayal of the interests of their country by the government, represented by Berlusconi. It will just be a good lesson for the Italians.

1 country - will always bark at what Russia pointed out

1 country will have to get used to other realities. But I think the EU will throw money again, and Greece will be very much in favor of the program to reduce gas consumption from Russia Smiley

A recommendation for you - in order not to look stupid and populist, study more deeply the topic that you decide to discuss!


You have no idea how deep I know this issue. It is precisely in the heterogeneity of the dependence on Russian gas of different countries of the European Union that the problem of developing a single solution lies. And the more a heap of economic problems grows in Europe, the more difficult it is for the European Union to maintain a united front in anti-Russian sanctions. Germany is already openly sabotaging both sanctions and arms deliveries. And you can't just brush Germany aside because, as a donor, it supports and feeds half a dozen European dwarf countries. Attempts to fill the fire of problems with money, we have already seen what it leads to in the example of covid (but in fact it began much earlier, with the mortgage crisis in the US in 2008 - and Nakamoto created bitcoin with a clearly predictable emission model precisely in response to these events, thanks to which we can have that conversation here today). Now Europe and the whole world are reaping the fruits of those wrong decisions in the form of an unprecedented spike in inflation for developed countries. Even the ECB is already forced to start raising the key rate, and this directly means the end of the era of cheap money. Each percentage increase in the key rate for the US and the EU is a hundred billion dollars and euros of overhead costs in the form of interest on debt servicing.
1410  Economy / Economics / Re: Who will Replace Russian Gas Supplies to Europe? on: July 23, 2022, 08:48:11 AM
While Russian propaganda is spoiling the brains of its listeners, the EU is taking concrete steps to say "Russia goodbye" in the near future Smiley

"....The European Union is facing the risk of a further shutdown of gas supplies from Russia due to the Kremlin weaponizing gas exports, with almost half of our member states already affected by supply cuts. Taking action now could reduce both the risk, and the cost to Europe in the event of further or complete disruption, strengthening Europe's energy resilience.
So today the Commission is proposing a new legislative instrument and a European Gas Demand Reduction Plan to cut Europe's gas consumption by 15% until next spring. All consumers, governments, households, public building owners, electricity providers and industry can and should take steps to save gas. The Commission will also accelerate work on supply diversification, including joint gas purchases, to enhance the EU's ability to find alternative sources of gas supplies.
The Commission proposes a new Council Regulation on coordinated measures to reduce demand for gas based on Article 122 of the Treaty. The new Regulation will set a target for all Member States to reduce gas demand by 15% between 1 August 2022 and 31 March 2023. The new Regulation will also give the Commission the opportunity to announce, after consultation with the Member States, a "Union Warning ". on the security of supply by introducing a mandatory reduction in demand for gas for all Member States."

https://ec.europa.eu/commission/presscorner/detail/en/IP_22_4608
Rather, the EU is taking concrete steps to collapse, because Portugal, Spain, Italy, Poland, Hungary and Greece have already announced their unwillingness to reduce gas consumption by 15% and protested the EU decision.
1411  Economy / Economics / Re: Can BTC keep up with another Fed rates hike? on: July 23, 2022, 08:43:21 AM
The Federal Reserve has come up with plans to raise interest rates again after doing so three times this year.
The Nation's Central Bank is expected to lift the benchmark Fed funds rate by 0.75 according to CME Fed watch
 
The Fed have been raising these rates aggressively in a bid to beat inflation, with some expecting the economy to enter a recession. Despite the previous rate hikes, economists predict that this may not be the last rate hike for this year because inflation has hit a 9.1% since June and assets like the cryptocurrency have not been left behind.

 Cryptocurrency have been dubbed the "cure-it all for what ails you" as it has helped to curb inflation, low interest rates, lack of purchasing power and what not. This was all when it was in it's high tho.
 With the way rates are going up, is it advisable to buy and hodl or to apply DCA to buy at intervals as price keeps fluctuating? Fed rates hike link

That is a colossal rate rise and the opposite of the slow decline to almost zero that we saw before Covid. It's a very confusing situation but in reality the governments around the world were very weak and allowed the rates to stay far too low for far too long - pretending that it was stimulus. When rates were low people and companies could borrow vast sums while having to pay back relatively little in borrowing rates. Central bankers stuck with the easy option of keeping them down until it became impossible not to raise them and the unpopular association that comes with that. Bitcoin has done none of the things you listed, it is simply a mechanism for storing or exchanging a perceived value and it has actually lost a lot of trust from the wider public in the last few months of price drops, it'll take a while to recover back.
What colossal rise rate are you talking about? You have a very short event horizon, the near-zero discount rate is a phenomenon of recent history and has only been observed since 2008. Look at events a little more broadly and you will see a discount rate of 5%, 10% and even 19% in 1981 - that's the order of numbers needed to really curb the inflation surge, and not pretend to be a frenzy of activity, which is now being done by the Fed.
1412  Economy / Economics / Re: Who will Replace Russian Gas Supplies to Europe? on: July 23, 2022, 07:16:46 AM
...Nord Stream 2 cost Gazprom around €9.5 billion...
Of which exactly half was paid by the European companies Engie, OMV, Shell, Uniper and Wintershall. Nord Stream-2 is not a Russian project, but a joint Russian-European project with equal financial participation.
1413  Economy / Economics / Re: Can BTC keep up with another Fed rates hike? on: July 23, 2022, 06:50:57 AM
It's hard to speculate but I can anticipate the bottom of the pool for Bitcoin being a whole lot deeper than what it is now if the feds continue to hike interest rates (which they will, inflation isn't going to come down to reasonable rates at the current pace). The US's economy hasn't reached recession yet. They could be in a recession now, we just don't know until the next GDP numbers get released. Negative GDP growth will shock the market, Bitcoin goes tumbling.
And I think that the price bottom for bitcoin has already been passed, and here's why. The driver for inflation is the rise in energy prices, including the rise in the price of electricity - and this directly affects the cost of mining. Now the average price of mining one bitcoin in the US is about 21 thousand dollars, that is, miners in the US work at the socket level. Bitcoin mining in Europe has long been uneconomical. If you look around the world as a whole (and this is logical because bitcoin is a global network), it turns out that there are very few places where bitcoin mining still brings super profits due to very cheap electricity against the backdrop of a government that is relatively loyal to cryptocurrencies. On average, the situation is about the same as in the US, maybe a little better. With a global recession approaching, it is difficult to assume that miners will be able to sustain losses for long enough, they need at least a minimal operating profit to cover current expenses.

As for raising the Fed's discount rate, in order to cope with inflation, it is necessary to raise the rate not by 0.75%, but by at least 7.5%, which of course the Fed will not do, because it will cause an immediate collapse of the economy. Therefore, now the Fed is more likely not fighting inflation, but simply trying to be a little ahead of the ECB (hoping that this will be enough if the EU gets even worse and then the US dollar looks good against the background of the euro).
1414  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: July 23, 2022, 05:46:10 AM
About 1000 Russian troops were surounded in Vysokopolye by Armed Forces of Ukraine and now asking green corridor:
https://t.me/zsuwar/18321
https://odessa-journal.com/arestovich-confirmed-the-encirclement-of-a-group-of-russians-in-the-kherson-region-and-revealed-the-details/
Ukraine have big temptation to destroy them, but more likely that russians will have to surrender and will be taken as POW's
Oh, have you brought fresh wet erotic fantasies of Lucy "talking ass" Arestovich? Grin
1415  Other / Politics & Society / Re: Russian Invasion of the U.S. [In Process] on: July 23, 2022, 04:26:48 AM
Putin is an excellent player in the political arena Smiley True, in quotation marks Smiley
By artificially dropping the ruble to 55 derevynnkh per dollar, the miserable and cowardly under-fuhrer failed the budget item - budget revenues from the sale of hydrocarbons. I explain - the budget of the terrorist country is formed in pieces of paper with the name "ruble". And all income, including foreign exchange, is transformed into rubles. And if "yesterday" for 1 dollar they received as much as 120 rubles, today - only 55. Further, through simple operations, you can calculate how much the budget loses because of this Smiley Another "idiotic victory in Russian" Smiley
But the Central Bank of Ukraine did a good job - today it devalued the hryvnia by 25%. Before the Maidan, they gave 8 hryvnias per dollar, and now they give 36.6, I think this is a success.  Grin

Oh, again, haloperidol distorted reality? Smiley
Then sit down, hold your knees with your hands and listen Smiley
Since the beginning of a new phase of the terrorist war unleashed by Russia against Ukraine, the NBU made a decision that allowed preventing panic and real problems in the banking sector and in the foreign exchange market. For settlements with importers, a fixed hryvnia / dollar, hryvnia / euro exchange rate was accepted, it was in the range of UAH 30-32 per dollar / euro, and had slight fluctuations. The cash rate was free, it was formed on the basis of real supply and demand in the market. And yes, it was higher than the NBU rate for export-import operations.
Today, the real picture, with the monetary base, has changed, and it makes no sense to continue to keep, in fact, an artificial hryvnia exchange rate, this does not lead to good (in Russia, by the way, they will soon feel it Smiley)
This is how the situation looks, and not the nonsense that you habitually carry Smiley
That is, the official hryvnia exchange rate is artificially drawn and does not reflect objective reality? Have I correctly identified the essence of your lengthy explanations? Grin
1416  Economy / Economics / Re: Russian Gas ban - A problem for Europe or suicide for Russia? on: July 22, 2022, 06:02:52 AM
In your own terminology, you are trading with terrorists who have attacked and invaded your country. And you have no problem with it. It seems hypocritical to me, or at least strange.

In general, the topic of Russian gas transit through Ukraine looks artificially taboo, especially in the West. It's funny. Grin


I had no doubt that you would twist the information so! Not surprised, as usual Smiley

I explain. Ukraine has obligations not to Russia (if there were only obligations to a terrorist country, we would have turned off the valve a long time ago), but to Western partners, to whom Russia, not having its own developed GTS, supplies gas through the Ukrainian GTS. And we are still forced to fulfill the agreements before Europe, interacting with such terrorist partners as Russia. I hope it's clear... Although such concepts as "obligations" and "agreements" in Russia are not very valuable Smiley
Perhaps that is why the deputy of the Ukrainian Rada called for stealing Russian gas from the pipeline in order to survive the coming winter? Grin
1417  Economy / Economics / Re: Wheat War I is going to be World War III on: July 22, 2022, 05:47:22 AM
It was never a good idea for Germany to rely on Russia for energy to this extent, current events emphasize that but it was true a year, a decade or twenty years ago that energy security is important to an economy and they simply acted poorly chasing prices.  Path of least resistance is often going to put a country down a drain, no special take on what is Russia doing now or next required to observe that  repeated effect.
On the one hand, this is true, but on the other hand, this is what made Germany the leader and locomotive of the European Union. Also, do not forget that the European Union has very strong antitrust laws, including in terms of energy security. The heavy reliance on Russian energy supplies in Germany has been formed not so much by Russian efforts as by the efforts of the Green Party, which made an adventurous bet on renewable energy that did not work. According to the IMF, the complete rejection of Russian gas will cost Germany a loss of 4.8% of GDP (this is more than the estimate of the reduction in Russia's GDP from all Western sanctions).

However, we digress from the red thread of this topic. In the meantime, with the mediation of Turkey, the issue with the export of Ukrainian wheat seems to have been resolved. The talk was about a measly 20 million tons (Russia has already exported twice as much this year).
1418  Economy / Economics / Re: Wheat War I is going to be World War III on: July 22, 2022, 04:40:35 AM
@be.open. It is a little strange that you need to prove something that is not disputed even now by the highest political and military leadership of Russia. In social networks, there is also a lot of evidence from the Russian army that before the invasion of Ukraine they were told that the people of Ukraine would meet them as liberators with flowers and that this "special operation" would take several days, and therefore they were provided with dry rations for three days . (True, these dry rations had an expired shelf life of several years). In addition, the military leadership of Russia did not worry about organizing the food for its troops during the seizure of Ukraine. Already when the Russian troops met a worthy rebuff from the Armed Forces of Ukraine and got bogged down in protracted battles in Ukraine, an order was issued for the invaders to provide themselves with food, that is, to rob shops and the population in Ukraine.

Russian intelligence was very wrong about the resistance of the Ukrainians because the Kremlin generously funded the subversive work in Ukraine. Only to one of the leaders of the opposition party in Ukraine, Medvedchuk, the Putin regime allocated about five billion dollars for the corresponding work on the unhindered occupation of Ukraine. This money was appropriated, and in return, cheerful reports were sent to Russia about the success of the work done. This was also the basis for Putin's subsequent decision to attack Ukraine.
And yet, can you provide such proof? Not in the form of fantasies of employees of the center of psychological operations from social networks, but in the form of official statements of any high-ranking officials from Russia?


And now Putin does not know how to end the war he unleashed, because he is suffering a military defeat in it. By the way, Russian troops did not capture Kyiv. They reached the suburbs of Kyiv, but soon they were defeated there and expelled by the Armed Forces of Ukraine. Russia now explains the shameful escape from the central and northern regions of Ukraine as a gesture of goodwill. As well as the flight from the captured Zmeiny Island after the sinking of the flagship of the Russian Black Sea Fleet "Moskva" and several smaller ships and boats. It seems that the Kremlin will also explain the flight from all over Ukraine as a gesture of goodwill.
There will be no more goodwill gestures, Ukraine did not use its chance.
1419  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: July 21, 2022, 08:16:30 PM
Meanwhile, today three Ukrainian kamikaze drones attacked the Zaporozhye nuclear power plant. An attack on a nuclear facility (such as a nuclear power plant) is nuclear terrorism. Another achievement in the track record of Ukraine.

For clarity, there are reports of the RF storing weapons and other means of war in Zapo. Who is the psycho that decided to use a nuclear plant as shield??.

I doubt that such attack even happened in real life. "Ukrainian drones" is from the words of occupation administration, not from some video fact (unlike famous attack with a drone on oil refinery in Russia)

Looks like a russian provocation
Photo of the wreckage of the drones used by the Armed Forces of Ukraine to attack Energodar. In fairness, I note that a kilogram of TNT in a kamikaze drone is not capable of causing significant damage to the power units of a nuclear power plant, but this does not negate the fact that an attack on a nuclear facility is an act of nuclear terrorism.

Pulling this tiger's tail is a very bad idea.
1420  Economy / Economics / Re: Surprisingly, Elon's Tesla is not so keen on hodling BTC anymore on: July 21, 2022, 07:52:28 PM
There is something wrong in the world if the richest person is just a flamboyant Twitter clown.
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