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Showing 20 of 1,540 results by TheCoinGrabber
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Board Politics & Society
Re: War in Ethiopia, why is everyone silent?
by
TheCoinGrabber
on 29/08/2022, 19:36:20 UTC
It's kinda bound to happen, this is an ethnic conflict that seemed to have come out of a failed power-sharing. IIRC it involved the firing of soldiers from Tigray, which were heavily-represented in the national army, and it went downhill from there.

Hopefully they can finally sort this out sooner and with not more additions to casualties.
Post
Topic
Board Economics
Re: Most people more and more people depend from this
by
TheCoinGrabber
on 29/08/2022, 19:02:47 UTC
You'd be constantly worrying about this if you're a day trader and is trying to live off the margins. You knew the risks before you came in, you just have to live with it if you want to continue.

The "true believers" don't usually worry about these fluctuations since they trust that eventually adoption would become widespread and that it'll be used as currency.
Untrained traders usually have the same feeling, they are too worried about the market price as if they didn’t analyze that much because if you’re a good trader, you’ll just wait patiently for the price to reach your target and there’s no need to look at the market from time to time especially if you are a long trader. Though day trader are usually active in monitoring the market but not to the extent that even on their dreams they worry about their position, this should not be the case and you should be more confident about your trades.

I think someone is more likely to worry about the day-to-day changes if they really have to live off of it, as in, they'd only have a week's worth of money for expenses. So it all boils down to money management. If you know you're not gonna die of starvation until the price hit your short term bar, you wouldn't be as anxious.
Post
Topic
Board Economics
Re: Most people more and more people depend from this
by
TheCoinGrabber
on 15/08/2022, 17:58:03 UTC
You'd be constantly worrying about this if you're a day trader and is trying to live off the margins. You knew the risks before you came in, you just have to live with it if you want to continue.

The "true believers" don't usually worry about these fluctuations since they trust that eventually adoption would become widespread and that it'll be used as currency.
Post
Topic
Board Politics & Society
Re: Christian and politics
by
TheCoinGrabber
on 15/08/2022, 17:05:04 UTC
Is it a good idea for Christians to get involved in politics, because if they are involved in it, they tend to lie, make promises they can't fulfill and sometimes get their hands dirty which is sin.

Remove "Christian" and replace it with "Muslim" or "Jewish", etc and there's your answer. EVERYONE should be engaged in politics imho and everyone should be free to run provided they qualify for the position. Then it's just a matter of making sure they keep their religious/ethnic biases out of their decision-making and that they not give preferential treatment to their "kind".

And ministers of the Gospel, are they suppose to endorse any candidate to their congregants. What's your take?

No. We've barred doctors from endorsing brands in ads because of possible conflicts of interest, the same should apply to other "professionals," including the clergy.

Post
Topic
Board Economics
Re: Social media, now looking more for business than for socializing.
by
TheCoinGrabber
on 05/08/2022, 15:43:11 UTC
It's only natural for this to happen. People would always find way to use technology to earn money, whether it be the telegram, telephone or the internet. Social media is actually perfect for this because it allows you to advertise or do business within any given social circle.

I would prefer it though for businesses and their staff to use a separate business account. The last thing I want is to be bombarded by ad posts by friends.
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Topic
Board Economics
Re: 'Luna'cy: the crash of Terra Luna
by
TheCoinGrabber
on 05/06/2022, 16:35:56 UTC
"LUNAcy" LOL that's a good one. People really don't learn to stay away from these shitcoins. I also doubt the people that invested once it started rising was in any interested in the project. They were just in for a quick buck and are unlucky enough to be left bag-holders.
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Topic
Board Economics
Re: World has just ten weeks' worth of wheat left after Ukraine war
by
TheCoinGrabber
on 05/06/2022, 15:50:02 UTC

Food I think would easier to switch to a different supplier or buy a totally different one (like the alternatives I've mentioned). With oil and gas though it'll take longer to build new pipelines.

This is one reason Russia invaded - the pipelines are already built and Ukraine can use those to export their own gas that has been discovered there - in areas conveniently occupied by Russia now. That would have provided an alternative to Europe.

Its hard to switch if many country is not executing to plant those product and they have other things exist on their country. But if more country will realize that they are lacking an important product and want to became self sustaining country then maybe they should look at this aspects and make their country great by investing on those resources which can help their country to boost up.

Those what happen to Russia is wake up call to all government on any parts of the world to find a solution towards ongoing crisis brought up by certain products hold on that country.

Well they can start planting now. I think the main possible issue with switching is if the current producers are producing enough for their current market. Like, the Americas produce corn for their consumption but we don't know if they'll have enough excess to sell if the people feeding on wheat switches to corn suddenly.
Post
Topic
Board Economics
Re: World has just ten weeks' worth of wheat left after Ukraine war
by
TheCoinGrabber
on 01/06/2022, 17:31:03 UTC
It's unfortunate but the people in countries relying on Ukraine for wheat would have to find their carb from somewhere else. There are many different replacement like rice, corn, cassava, potato, sweet potato and even plantain.

I think the problem here would be cultural and more, they will definitely crave their "daily bread". I'm from a rice country and even when I feel full eating a meal of wheat pasta or bean noodles, I feel that I still need to eat something. This is what they are going experience in the coming months if things don't improve.
Yes - that is correct.
Countries depending on Ukraine for wheat should another source - Also the countries which were depending on Russia for oil and gas supply should find an alternative as well. But do you think it is possible particularly at this time? I think not

Food I think would easier to switch to a different supplier or buy a totally different one (like the alternatives I've mentioned). With oil and gas though it'll take longer to build new pipelines.

This is one reason Russia invaded - the pipelines are already built and Ukraine can use those to export their own gas that has been discovered there - in areas conveniently occupied by Russia now. That would have provided an alternative to Europe.
Post
Topic
Board Economics
Re: World has just ten weeks' worth of wheat left after Ukraine war
by
TheCoinGrabber
on 30/05/2022, 15:57:53 UTC
It's unfortunate but the people in countries relying on Ukraine for wheat would have to find their carb from somewhere else. There are many different replacement like rice, corn, cassava, potato, sweet potato and even plantain.

I think the problem here would be cultural and more, they will definitely crave their "daily bread". I'm from a rice country and even when I feel full eating a meal of wheat pasta or bean noodles, I feel that I still need to eat something. This is what they are going experience in the coming months if things don't improve.
Post
Topic
Board Politics & Society
Re: Monkeypox, are you vaccinated ?
by
TheCoinGrabber
on 30/05/2022, 14:58:06 UTC
....

Does monkeypox work like chickenpox where you get it once and you never get it again?

Monkeypox

is similar to Donkeypox, terrible.



LOL. But seriously, I hope chickenpox is similar enough to confer some sort of resistance.

Didn't get much attention though? Few days ago I read about this from articles but didn't that much interesting as corona aka COVID-19 so media didn't make it that big!...

Actually surprised that they didn't hyped it up! Maybe they weren't paid yet LOL. Or they are just letting these few and far apart reporting to simmer in people's heads before they surprise them.
Post
Topic
Board Economics
Re: The Geopolitical shock expected from the Russian invasion
by
TheCoinGrabber
on 27/05/2022, 16:25:43 UTC
How do you think China would respond to this crisis? your thoughts please.
China has made its impressive economic breakthrough on cheap coal. Then coal deposits in China began to run out and now China is the most energy-deficient country in the world. Western sanctions are pushing Russia to turn its back on Europe and divert more oil and coal to Asia, including China. If the sanctions last long enough to destroy the economic ties between Russia and Europe, China will become one of the main beneficiaries of this crisis.

Indeed, China is the big winner here. Russia probably wouldn't be in as dependent as state as North Korea is but if the Western powers do push through those sanctions, Russia wouldn't really have much alternatives but to sell to China at lower rates than it would have wanted.
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Topic
Board Politics & Society
Re: China is a declining Power
by
TheCoinGrabber
on 27/05/2022, 15:57:28 UTC
It's definitely going to slow down within a decade or so. The days of cheap labor is over and inevitably some businesses would move out to where it is cheaper. Of course there's automation and switching to higher-value good to make up for that but other developed countries can do that. And yes, that rapidly aging population is gonna affect them same way it did Japan.
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Topic
Board Politics & Society
Re: Monkeypox, are you vaccinated ?
by
TheCoinGrabber
on 27/05/2022, 15:34:36 UTC
Of course not, I'm not that old LOL. I believe they stopped the vaccinations at least 2 decades before I was born.

Monkey pox outbreaks had been happening since 1960s all the past outbreaks were contained within small scale. Monkey pox is not as contagious as swine flu or covid. This is because of very nature of virus that it wont mutate as fastly and as quickly as COVID , making it less contagious, So don't worry much.

Does monkeypox work like chickenpox where you get it once and you never get it again?
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Topic
Board Politics & Society
Re: War is not necessarily carrying guns and missiles
by
TheCoinGrabber
on 19/05/2022, 14:02:09 UTC
And it's a far more insidious form of warfare. Since there's no physical invasion the target country can't complain that it's being threatened. I remember North Korea even printed counterfeit dollars in it's hidden war with America. Not just destroying the economy but also funding various activist groups to sow chaos and division in the country.

I'd also include the access to rivers in this one, like Turkey damming the Tigris and Euphrates and China damming the Mekong. With the latter, they've caused damage whenever they would release water without warning. You can basically hold the downstream countries hostage, whether you restrict flow or just let out the water, it's not going to be good for them.

War is not necessarily carrying guns and missiles ,these days wars are been fought with wisdom not with bombs and riffles, there something we call economic war ,Ban and sanction like we experience all nations against russia not necessarily done violently but with wisdom to affect it economy ,once money is not in circulation again it will lead to protest by his people against his government for dissatisfaction.
There is also another way which is something called Bio war. Cool

It maybe the part of human evolution, we used to fight with bow and arrow then knife and then guns and tanks now the next stage of the evolution but the main intention is crush the economy of opposition and take over the control for that people can go to any extreme.

Humans were pretty much the best ranged units in the meta and progressed from stone fling to drones LOL.
Post
Topic
Board Economics
Re: Taking loan during high inflation?
by
TheCoinGrabber
on 19/05/2022, 13:07:54 UTC
Has anyone done the math for some of us who are not as quick grasping this? I still find this a bit too risky. I think I've heard about this before, supposedly you make your money as the inflation go down or something, can't exactly remember. Still, can people really afford to do this at such times like this?
Taking loan is always risk, but if you've got stable earning to pay the interest along with the capital even if the market isn't supportive then it is not a big risk. There are people who doesn't have big spending, and they are affordable to pay the loan premium from their salary or out of the business. For them taking loan to invest on cryptocurrency will be profiting, because they've got the time which will assure with profit/growth.

Yeah it is risky. I probably wouldn't even try it unless I know I have some money saved up to pay for a few months of the premium. Especially these days, it's very easy to lose a job or for a business to go under.

I'm still curious why they are saying it's good to take loan during high inflation. Especially since the money you borrowed would have less purchasing power.
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Topic
Board Economics
Re: Taking loan during high inflation?
by
TheCoinGrabber
on 15/05/2022, 14:36:12 UTC
Has anyone done the math for some of us who are not as quick grasping this? I still find this a bit too risky. I think I've heard about this before, supposedly you make your money as the inflation go down or something, can't exactly remember. Still, can people really afford to do this at such times like this?
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Topic
Board Politics & Society
Re: The blame game
by
TheCoinGrabber
on 15/05/2022, 13:26:58 UTC
It's not that we shouldn't blame others, it's just accepting that people either fuck up or just outright malicious. If there's something that you can do to fix it, then do so. If not, then don't sweat it.

We blame the government for not doing this or that,..

They do a lot of shit work and they should be rightly blamed for those failures, especially since they are using our money. It's likely having a maid who breaks everything everyday that you can't fire.
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Topic
Board Economics
Re: Solution to unemployment: creating new jobs or early retirement
by
TheCoinGrabber
on 11/05/2022, 16:48:29 UTC
Early retirement? That's just going to put more strain on the Ponzi scheme called "social security". Sure you free up one position for someone younger but then you got one more person getting pension earlier so it really changes nothing.

Better just give incentives for being financially responsible so people can make the most out of their income but I guess that's contrary to the consumerist model of the economy where people must buy, buy and buy to keep it going.
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Topic
Board Politics & Society
Re: Quarantine measures in China, Shanghai
by
TheCoinGrabber
on 11/05/2022, 16:16:37 UTC
Hmmmm... what could that be?  Grin There's so many rumors floating around. Some says to restrict supply chain. Some say to reorient the industry for an invasion of Taiwan. Some even claim this is a spat between Beijing and Shanghai. More drama than Game of Thrones LOL.

To see if the lockdowns really work, or if they cause the disease(s) to spread.

Cool

LOL  Grin

IMHO they might work, MIGHT. Considering it's China it's probably okay to stuff a family in their apartment so that they all catch it to prevent them spreading it to other families. Hahaha!
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Topic
Board Politics & Society
Re: Quarantine measures in China, Shanghai
by
TheCoinGrabber
on 07/05/2022, 18:24:39 UTC
snip

This type of lockdown didn't even occur at the start of the pandemic, where the virus was way more deadlier than it is now, after going through numerous mutations, without having medication and vaccines, which enable us to have very limited casualties, compared to 2 years ago.

Not only is it saddening, but also suspicious, is China hiding something else, or is it just being paranoid, imposing tyranny over its citizens? Let me also point out that China has a history of lying to organizations such as WHO about the severity of such infectious diseases (same thing happened with both Covid and SARS).

I also found it peculiar it don't seem to be making the news on TV. Maybe they're not reporting about it coz it's election season. The only reason I'm seeing these is I get recommended vids from China-focused channels. 

At this point can't really tell how serious the situation is, after all it's the CCP we're dealing with. They do seem to be taking extreme measures so it's possible it's some new strain they haven't publicized yet. They went from welding apartment doors to encaging entire streets.

One wonders if the leaders are simply ignorant, or if Shanghai is being used as some kind of testing ground for some specific agenda.

Cool

Hmmmm... what could that be?  Grin There's so many rumors floating around. Some says to restrict supply chain. Some say to reorient the industry for an invasion of Taiwan. Some even claim this is a spat between Beijing and Shanghai. More drama than Game of Thrones LOL.