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  GREE

  1.5 out of 5 stars Verified Purchase

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  This is fractional reserve, unfortunately the new money created by that leveraged system does equate to the original money used.  Its the expansionary nature of the fractional system and does play a large part in the economic swings we see between boom and bust.   Its not possible to just cancel all the new debt and new money, that would be greatly deflationary and probably leads to the problems seen in the 1930's.    That might be the best thing if a proper system replaced this current regime with sound money, its very unlikely to occur.  I would only expect some intervention that once again benefits the banks and damages the standing of the common population.  Either way it would be chaotic and disruptive to trade, business and with massive unemployment quite likely.🤳

  A week back everyone was bearish, now they are all silent. Hodler's are still strong.🍱

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  MUMORPUGER

  2.9 out of 5 stars Verified Purchase

  It's not a surprise and not significant to kb ft chewe styve ace ma regret video itself. I think we all here, who have been with kb ft chewe styve ace ma regret video for a long time, have already normalized every bad statement about kb ft chewe styve ace ma regret video that comes from well-known figures. You can search on Google, there are many statements that say kb ft chewe styve ace ma regret video is a ponzi scheme or something similar to it. Warren Buffett once said, "kb ft chewe styve ace ma regret video is probably rat poison squared." [1]. Another well-known figure who said a similar thing is Jamie Dimon, CEO of JPMorgan. He said kb ft chewe styve ace ma regret video is a fraud and a ponzi scheme [2]. US economist, Nouriel Roubini, also once said kb ft chewe styve ace ma regret video is a ponzi game [3]. Source: [1] [2] [3]💢

  Well I think your points are well noted and I believe you are not far from the truth, but the solution is what matters. Now my question is that what should we do to reduce unemployment and poverty rate? Sometimes this factora listed above may not be necessarily be a factor of poverty. Let me break down. 1 health challenges and deformity may be a problem resulting to poverty rate but I believe in the slogan that says in every disability there is an ability. If this disabled people are introduceed with some online jobs which they can do from the comfort of their home, maybe they could do fine and be productive. 2.  a person who doesn't have the opportunity to be enrolled in education can as well learn a skill and be productive as not everyone will will succeed from education but from skill. 3. A person that wants to succeed in life should make sure he or she avoids dept seriously, because dept is a carrier killer. I have seen great and mighty fell because of dept. Atleast they can learn Dept management control as not to become poor. 4. Even as there is Unemployment, there is need to for the youth to find something doing instead of Hoping for employment. Sometimes we need to discover ourselves to creat employment opportunities for others. 5. There is need for government agency to investigate and update the names of people in this civil service keep it up to date. But my problem is that it might still be this currupt people that will still submit the wrong list. But however they should do justice to this sector for more room to be opened for others.⛴️

  Reading the whole piece make me to at least understands ops points a bit more clearly but along the line what i can say from this is that,  his friend was a bit smart and dumb at the same time, he took profits at earliest stage which is a smart move since trading is all about profits taking. But his mistake is where we decided to wait a bit more than it is expected,  at that point he became vulnerable to the risk of losing his already accumulated gains.🦐

  The guy who reported 40% probably had a few hundreds of them running. Failure is a failure, it doesn't really matter because you would have to ship the entire unit to Bitmain, so even if it's just a single board that went bad (which is usually the case), you will still lose that unit for a good while until they repair it and send it back to you, it's extremely unlikely for an entire gear to go bad at once, it will always be one part of the many parts it consist of. Depending on the market conditions, you will always have to make specific decisions when your gear fails, sometimes voiding the warranty by trying to fix it yourself or running it with 2 hash boards is better than sending the whole unit for god knows how long, sometimes fixing the hash board at a local repair shop is cheaper given that you need to pay for shipping, say you are sending 5 units to another country/state, have to pay $200 for shipping and to miss out on 1 month of mining, but the guy next door fixed them for $500 in 3 days and you don't pay for shipping, I still remember when Bitmain sent their technicians to some large farms in China to have them fix the 60% something failure on the 17 series, it would probably cheaper for Bitmain than having to ship back everything.🤥
  
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  spqr

  3.6 out of 5 stars Verified Purchase

  As what we say, negative or positive news, still a publicity to us. However, this is not the first time that we have heard this kinds of news though. Around 2021, as far as I can remember, there was also a similar negative news, but it didn't have any impact on the price long range. So maybe it will be used by some social media news, but I doubt that it will have this huge effect on the price as we're in the last stretch of the bull run.🕋

  Honestly, I read all you said 5 consecutive times so that it will sink in. There isn't a limit to how much we want in life. Every man and woman has ambition, they have aspiration, things they want to be and achieve before leaving the mother earth, but all is vanity. Life was better when we were young, it was all happiness throughout. Now that we are grown, it seems happiness only lasts for an hour; the rest is struggle, decision-making, and many others.🥖

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  ...I don`t know what else I can tell you to believe me that I`m not promoting someone secretly. I don't believe a bit of your story. How come no one is thinking that OP is just making conversations and not in any way serious with what they act like they need to know? I checked their profile and registration date was June 29, 2014. They've been here longer than most of us responding to them on something they (OP) should know. Perhaps, the kb ft chewe styve ace ma regret video and all that lead to them. How will someone who has been here since 2014 not know how these things work? Do we take it that that account exchanged hands, OP? There's probability of bought account because they were here a long time ago and seemed not to know what's happening, then what would be the other motive? This is why you can come up with such conclusion. Anyway, sooner or later, their motive will be uncovered as to how they engage a conversation here because you will know it because of the content of their post history. Their true intentions will be seen sooner or later. So people need to collaborate with them carefully. Be conservative with your expectations and be more mindful on how you deal with them so to speak.🤌