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Spent 24 hours in Hungary just to rack up a bunch of traffic fines

I took a road trip in September 2019 that went to six countries (Germany, Poland, Slovakia, Hungary, Austria, Czech Rep.).
We crossed the border into Hungary from Slovakia and drove straight to Budapest. We parked our car on the street outside a cafe for about 30 minutes to check into the hotel, after which the hotel gave us a pass to use their parking garage. Before parking on the side of the street, I made sure that there were no signs forbidding parking or requiring a permit to park. We did some sightseeing, spent the night in Budapest, and departed Hungary the next day.
These are the fines I managed to rack up from my 24 hour stay:
  1. Highway fine. I received a ticket in the mail around March 2020. Our rental car did not have a vignette for Hungary. Oops, my bad, I assumed that the rental company had taken care of vignettes. I paid the 80 Euro fine and never heard back from them again.
  2. Parking fine. This one made me extremely angry. I parked my car twice in Budapest: once for 30 minutes on the side of the street to check into the hotel, and after that in the hotel's private parking garage. I received a fine of 120 Euros in the mail around July 2020. Apparently, you need a permit just to bring your car into Budapest and park on the side of the street, and there are no signs anywhere telling you this?! They even have cameras everywhere to enforce this. I have driven a car in over a dozen European countries, and never have I seen anything this ridiculous. I paid the fine, but I was contacted by the agency saying that I was 10 Euros short. WTF? I paid what was on the invoice, so f*** you. I swear, these guys extort money from you like the mafia. Welcome to the world of forex.
  3. Another parking fine. Today, October 2020, over a year since I was in Hungary, I receive a letter postmarked from Sweden. Okay? Why would somebody in Sweden be sending mail to my address in the United States? I open the letter, and it was written in Hungarian. They want another 110 USD from me regarding a parking fine. F*** that. I am 100% done with this.
submitted by Ritterbruder2 to hungary [link] [comments]

Top 5 Most Famous Traders Of All Time

In all industries there are people credited to being the simplest .
In design, the late Steve Jobs is credited to being the simplest in his industry. In boxing, Muhammad Ali was credited to being the simplest boxer of all time.
In U.S. politics, there's a consensus that Lincoln was the nation’s greatest President by every measure applied.
In the trading world, a variety of traders are known worldwide for his or her skills. From Jesse Livermore to George Soros, we are sharing these tales of past and present traders who had to claw their thanks to the highest .
Here, we'll check out the five most famous traders of all time and canopy a touch bit about each trader and why they became so famous.
Jesse Livermore
Jesse Livermore jumped into the stock exchange with incredible calculations at the age of 15, amassed huge profits, then lost all of them , then mastered two massive crises and came out the opposite side while following his own rules, earning him the nickname “The Great Bear of Wall Street.”
Livermore was born in 1877 in Shrewsbury, Massachusetts.
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He is remembered for his incredible risk taking, his gregarious method of reading the potential moves within the stock exchange , derivatives and commodities, and for sustaining vast losses also as rising to fortune.
He began his career having run far away from home by carriage to flee a lifetime of farming that his father had planned for him, instead choosing city life and finding work posting stock quotes at Paine Webber, a Boston stockbroker.
Livermore bought his first share at 15 and earned a profit of $3.12 from $5 after teaching himself about trends.
George Soros
George Soros has a fantastic backstory.
Born in Hungary in 1930 to Jewish parents, Soros survived the Holocaust and later fled the country when the Communists took power. He went on to become one among the richest men and one among the foremost famous philanthropists within the world.
Most day traders know him for his long and prolific career as a trader who famously “broke the Bank of England” in 1992. Soros made an enormous bet against British Pound, which earned him $1 billion in profit in only 24 hours.
Along with other currency speculators, he placed a bet against the bank’s ability to carry the road on the pound. He borrowed pounds, then sold them, helping to down the worth of the currency on forex markets and ultimately forcing the united kingdom to crash out of the ecu rate of exchange Mechanism.
It was perhaps the quickest billion dollars anyone has ever made and one among the foremost famous trades ever taken, which later became referred to as “breaking the Bank of England”.
Soros is believed to have netted a complete of about $44 billion through financial speculation. And he has used his fortune to find thousands of human rights, democracy, health, and education projects.
Richard Dennis
There are only a couple of traders which will take a little amount of cash and switch it into millions and Richard Dennis was one among them.
Known as the “Prince of the Pit”, Dennis is claimed to have borrowed $1,600 when he was around 23 years old and turned it into $200 million in about 10 years trading commodities. Even more interesting to notice , he only traded $400 of the $1,600.
Not only did he achieve great success as a commodities trader, he also went on to launch the famous “Turtle Traders Group”. Using mini contracts, Dennis began to trade his own account at the Mid America commodities exchange .
He made a profit of $100,000 in 1973. The subsequent year, he capitalized on a runway soybean market to earn $500,000 in profits. He became an impressive millionaire at the top of the year.
However, he incurred massive losses within the Black Monday stock exchange crash in 1987 and therefore the dot-com bubble burst in 2000.
While he's famous for creating and losing tons of cash , Dennis is additionally famous for something else – an experiment. He and his friend William Eckhardt recruited and trained traders, a couple of men and ladies, the way to trade futures. These so-called Turtle Traders went on to form profits of $175 million in 4 years, consistent with a former student.
Paul Tudor Jones
Paul Tudor Jones thrust into the limelight within the 80s when he successfully predicted the 1987 stock exchange , as shown within the riveting one hour documentary called “Trader”.
The legendary trader was born in Memphis, Tennessee in 1954. His father ran a financial and legal trade newspaper. While he was in college, he want to write articles for the newspaper under the pseudonym, “Eagle Jones”.
Jones began his journey within the finance business by trading cotton. He started trading on his own following 4 years of non-trading experience, made profits from his trades but got bored, and later hired people to trade for him so he would not get bored.
But the trade that shot him to fame came on Black Monday in 1987, when he made an estimated $100 million whilst the Dow Jones Industrial Average plunged 22%.
He became a pioneer within the area of worldwide macro investing and was an enormous player within the meteoric growth of the hedge fund industry. He's also known for depending on currencies and interest rates.
He founded his hedge fund, Tudor Investment Corp, in 1980. The fund currently has around $21 billion in assets under management and he himself has an estimated net worth of nearly $5.8 Billion.
John Paulson
Super-trader John Paulson built a private fortune worth $4.4 billion from managing other people’s money. Born in 1955, Paulson made his name and far of his money betting a huge amount of money against the U.S. housing market during the worldwide financial crisis of 2007–2008.
Paulson bought insurance against defaults by subprime mortgages before the market collapse in 2007. He netted an estimated $20 billion on the collapse of the subprime mortgage market, dubbed the best trade ever.
However, his diary since that bet has been patchy at the best . Within the years following the financial crisis, Paulson struggled to match this success.
Failed bets on gold, healthcare and pharmaceutical stocks caused investors to escape his hedge fund Paulson & Co, cutting its assets under management to $10 billion as of January 2020 from a high of $36 billion in 2011.
Earlier this year, Paulson announced the fund would stop managing money for outdoor clients and switch it into a family office. He launched the fund in 1994.
submitted by equiti-me to u/equiti-me [link] [comments]

European Banks - Where Can I Easily Open a Bank Account?

European Banks - Where Can I Easily Open a Bank Account?
Choosing a foreign bank to open an account in is a difficult task. Many details must be taken into account so that you don’t run into failure or problems with account operations in the future.
Today, we have gathered 7 banks that will easily open an account for you (sometimes even remotely) and will not strictly monitor transactions on it.
https://preview.redd.it/s19up259z6951.png?width=3840&format=png&auto=webp&s=0e1b7d2ea22bc9871082ec856f5ab5d7a32d8038
FIO Banka
Country: Czech Republic
Year of foundation: As an online broker - since 1993, as a bank - since 2010.
FIO is the most loyal bank in Europe. There, you can open an account for any type of activity, from FOREX to gambling. There are no extra fees for maintenance or minimum balance and limits. Of course, the FIO does not require documentary evidence of the payments made.
Documents required to open an account:
  • foreign passport and internal passport;
  • company documents;
  • apostille of the Certificate of Incumbency to the corporate director or founder, if the company is older than 6 years;
  • strictly colored scans of all documents;
  • account opening term: 2-3 days
Do I need a personal visit to the bank? Yes. After reviewing the documents by the bank, you need to personally visit the department to verify your identity.
CSOB Banka
Country: Czech Republic
Established: 1964
CSOB Banka is the second largest bank in the Czech Republic in terms of capitalization and one of the most influential banks in Europe. There are no restrictions on dollar payments and a minimum deposit. You can manage your account through the online banking. CSOB is loyal to operations via the account, and does not require confirmation by agreement or invoice.
Documents required to open an account
Personal account:
  • passport or another identity document.
  • confirmation of address.
Corporate Account:
  • apostilled set of legal documents for the company.
If the company is with a nominee service, remote identification of an individual as a director or shareholder is required.
Account opening period: 5-7 days.
Do I need a personal visit to the bank? Yes. After reviewing the documents by the bank, you need to personally visit the department to verify your identity.
Ceska sporitelna
Country: Czech Republic
Established: 1825
Ceska Sporitelna is a very loyal bank that does not require confirmation of each payment made. All financial tasks can be quickly solved with the help of Internet banking.
Documents required to open an account:
  • statutory documents for the company (originals);
  • full extract from the Register without apostille (only for Czech companies);
  • Certificate of Good Standing with an apostille (for 3+ months companies);
  • beneficiary's domestic and foreign passport;
  • certified power of attorney to open an account;
  • a brief description of the business or website URL for online business;
  • account opening period: 7-14 days
Do I need a personal visit to the bank? Yes. After reviewing the documents by the bank, you need to personally visit the department to verify your identity.
MKB Bank
Country: Hungary
Established: 1950
MKB Bank is one of the largest banks in Hungary. An account will be opened for free, if necessary, a plastic Visa or MasterCard will be issued. You can open an account for an offshore company, but MKB will refuse this if the company is registered in a country from the OECD black list. Nevertheless, the MKB is quite loyal to the operations carried out on the account..
Documents required to open an account:
Personal account:
  • passport;
  • trust declaration;
  • power of attorney declaration;
Corporate Account:
  • Charter and memorandum of association of a company certified by a notary;
  • Protocol on the appointment of officers;
  • Certificate of incorporation, certificate of shares and certificate of good condition;
  • Power of attorney;
  • Trust Declaration;
  • Account opening period: 7 days.
Do I need a personal visit to the bank? Yes. After reviewing the MKB package of documents, you must visit Hungary and meet with a bank agent.
BOS bank
Country: Poland
Established: 1991
BOS Bank is a Polish bank. If your company is not older than a year, then account maintenance in the first 18 months will be free. There, you can open an account for offshore companies and any other activities. The bank is loyal to transactions carried out on the account.
Documents required to open an account:
Personal account:
  • passport;
  • polish visa
Corporate Account:
  • extract from the registry translated into Polish and notarized;
  • Account opening period: 14 days.
Do I need a personal visit to the bank? No, the account can be opened remotely.
Bank Zachodni WBK
Country: Poland
Established: 2001
Bank Zachodni WBK is the third largest bank in Poland in terms of assets. The bank is not picky about corporate documents, opens accounts for any kind activities.
Documents required to open an account:
Personal account:
  • passport;
  • polish visa.
Corporate Account:
  • extract from the registry translated into Polish and notarized;
  • account opening period: 14-21 days.
Do I need a personal visit to the bank? Yes. After reviewing the documents by the bank, you need to personally visit the department to verify your identity.
ING Bank Slaski
Country: Poland
Established: 1988
ING is the largest bank in Poland. The bank opens accounts for onshore companies and is loyal to non-resident customers in Poland. You can issue a Visa or MasterCard plastic card.
Documents required to open an account:
Personal account:
  • passport;
  • Polish visa.
Corporate Account:
  • Extract from the registry translated into Polish and notarized;
  • Account opening period: 14 days.
Do I need a personal visit to the bank? No, the account can be opened remotely.
You can learn more about the conditions for opening an account with these banks from Bizonaire specialists. Call us or leave a request on the site chat, and we will contact you ASAP!
https://bizonaire.com/en/blog/article/european-banks-where-can-i-easily-open-a-bank-account---258.html
submitted by Djosd to Bizonaire [link] [comments]

A financial expert's very negative outlook on Bitcoin.

Hello there people of reddit!
I have translated this blog post which I would like to share with you all. The original blog post appeared in a rather famous hungarian financial blog and it posed some interesting questions. It would be really good if the intelligent people of reddit would start a debate on these topics. There is a big learning opportunity here. I personally disagree with many of the points made in the post while I agree with some of them.
I think that it is important to listen to the negative opinions because we can grow from them and we can either strengthen our opinions by disproving the counter-arguments of others or we can formulate and fine-tune our opinions by accepting partial truths from the opposing opinion. (Maybe we can even change our opinions alltogether in some cases) I post this in the hopes of having an intelligent conversation about the topic and it would be a bit sad if this would get downvoted because then the conversation wouldn’t be able to unfold.
I say let's examine the other side, let's look at their arguments, let's try to understand them and let’s try to learn from them so that we may become smarter, better, and more well informed.
Also this can be a very good test if you think about investing in Bitcoin. If this discourages you then your fundamental knowledge of cryptocurrencies or Bitcoin may not be satisfactory yet or you may be thinking about investing with money what you cannot afford to loose
So without further to do here is the actual blog post translated from kiszamolo.hu.
RTT314
I am writing about Bitcoin. I didn’t want to at all but since everybody is talking about it I had to.
Translator's note: There was a previous blog post about Bitcoin which got a massive amount of feedback in the hungarian community.
The general feedback I received about my previous post on Bitcoin wonderfully resembled the the feedback I got when I wrote about Kairos, Emgoldex, Quaestor and Sitetalk. (these were all scams in their times)
In case you don’t have time to read the comments on my previous post I’ll summarize them for you. Its quite simple because people basically write the same thing all over again (Bitcoin or Emgoldex it doesn’t matter.) The comment categories are as follows:
It’s a good idea to look at those people who wrote these comments a few years back. The people of Kairos who came here (to his blog) taunting and showing off their earnings with Kairos. And then all of a sudden it became apparent that it was just another scam and they lost all the money in a heartbeat.
What did I cover in the previous blog post on Bitcoin?
I wrote, that you don’t know anything about Bitcoin, that you don’t know who is behind it or whether there is someone behind it or not. What gives actually Bitcoin’s value? How do we know that its better than the other cryptocurrencies? How do we know if one BTC is expensive for 1000 dollars or cheap? For a long time people bought it for 1 dollar, then for a long time for 100, then 1000 and now 16 thousand. Which price is the realistic one? Or none of it is realistic and its still cheap? How can I find it out?
I have basically nothing at all to which I could compare its price. Just like in the dotcom bubble when it came to evaluating the .com companies. The normal method of evaluation didn’t work when it came to these companies because everybody wanted to think, that these companies can conquer the whole world. And because of that basically no price was too expensive for a share. And then it became apparent, that in fact even a single dollar was too much for 95% of them.
Just because something is revolutionary and new it doesn’t mean that it has value too. Especially when anybody can copy it freely. This happened with the .com companies too. Everybody learned fast, that just because they are innovative and revolutionary they can’t make a profit and most of them didn’t even worth a penny.
And the .com companies were 100 times easier to evaluate than Bitcoin. At least they had expenses, profits, employees, products and patents. You could at least calculate with something.
Why is Bitcoin considered money? Currently it has none of the properties of money - you can’t pay with it everywhere, it’s exchange rate is not stable at all and because of that it is not suitable for accumulating wealth in it (just in the past 12 hours the price of one BTC was between $16.123 and $17.023 and today is one of the calmer days.)
Anybody can invent a newer Bitcoin and people do so too. There’s almost ten times more cryptocurrencies today than normal currencies in the world and almost every day a new one gets listed. This is because anybody can make a cryptocurrency. You don’t have to have a whole country behind it with its total assets, government, and financial traffic. If you have good marketing you will be a millionaire from a new cryptocurrency. Currently there are 1324 cryptocurrencies and there is almost no day when no new ones are added. On the contrary there is only 180 types of traditional currencies in the world.
I also mentioned, that governments can limit the use of cryptocurrencies any time by illegalizing the exchange of cryptocurrencies to real money. And if that happens all cryptocurrencies will be worthless in a blink of an eye.
I don’t want to get into new ideological debates. I just want to place Bitcoin amongst all the hype into the world’s financial traffic. Where does Bitcoin stand compared to the current world’s financial traffic and does it look like a bubble? Will it really change the world’s financial system and will it really change the old technologies?
Bitcoin’s total market cap was 15,49 billion dollars on 2017 January the 1st and what’s at least as important is that the daily traffic volume was 92 million dollars.
https://imgur.com/a/kI0Ru
Bitcoin’s current market cap (17 thousand dollars) is 289 billion dollars and the daily traffic volume is 12.135 million dollars so the daily traffic grew 131-fold since January the 1st.
One of the world’s biggest bank - the Bank of America’s - market cap is also 300 billion dollars and that is accompanied by 2,228 billion dollars worth of assets which gives one of the basis of the actual evaluation. Bitcoin has zero assets. Bank of America every four months (!!!) profits 22,3 billion dollars and one fifth of this is net profit. The profit of Bitcoin is zero and the net profit of Bitcoin is also zero.
Europe’s 16th biggest economy, Finland has a yearly GDP of 236 billion dollars.
If Bitcoin’s market cap doubles again, it’s market cap will be equal to Hungary’s, Ukraine’s, Slovakia’s, Luxemburg’s, Croatia’s, Bulgaria’s and Latvia’s GDP all together. Or at least on paper. (Of course the actual BTC's market cap and the GDP is very different, but i guess you can still feel the nonsense in this)
People make 337 thousand daily transactions with Bitcoin.
Just Visa alone makes 468 million transactions per day and this is just a tiny slice from the total world’s transactions.
The SWIFT system which is used by banks to make international transfers even 12 years ago made 5 thousand billion dollars worth of traffic. Daily.(!) The similiar Fedwire payment system which works in the USA had a daily traffic of 2,1 thousand billion dollars, the CHIPS had 1,4 thousand billion dollars. And these numbers are 12 years old so you can easily double them to get to the present numbers. And this data is only of three clearing houses out of a dozen! All the national clearing houses in total can have multiple hundred times more traffic than these ones.
Even if we would like to use Bitcoin for just one tenth of the traffic of Visa we would soon have to store a few gigabytes then terabytes of data for each Bitcoin. The whole electricity generation and bandwidth of the world wouldn’t be enough if we would want to manage and transmit this much data constantly. (Even now the Bitcoin network uses more power than Bulgaria. The investors who mine Bitcoin spend money mostly on video cards and electricity. The biggest benefitors of Bitcoin are the chinese electricity providers and the video card companies. Even a whole bank system doesn’t use this much electricity and they execute multiple hundred thousand times more transactions than the Bitcoin’s network.)
The technology is unsuitable for microtransactions. There are cryptocurrencies which are suitable for this but what will happen with you investment in Bitcoin when everybody starts to use one of these currencies?
The future of the blockchain technology is completely different from the future price of Bitcoin which currently is just one out of 1324 cryptocurrencies and for which you paid a bunch of money. Somehow the people who kick back and leave their future on the price of Bitcoin don’t want to understand this.
Just so you understand: I don’t argue whether or not blockchain technology (which is used by Bitcoin too) will be used in the future financial system. I argue whether or not one Bitcoin values 17 thousand dollars or even one dollar as a matter of fact.
Do you think there will be a single bank which will choose exactly Bitcoin when it wants to switch to this new technology when Bitcoin is a completely unsuitable candidate? Or do you think that the bank will choose another cryptocurrency? Won’t the bank simply make its own one?
The total value of all the dollar bills in circulation is 1,59 trillion dollars or 1590 billion dollars. If we look at the M3 (unbounded money in bank accounts, bills etc.) instead of only the bills we get 11 trillion dollars. But even this is only a tiny bit compared to the total assets in the american economy which is 220 trillion dollars.
The daily size of the forex market is (!) 5.100.000.000.000 dollars.
So think again when you see numbers which suggest that Bitcoin is the future. I wrote these numbers just so you can get a sense of the big Bitcoin which is about to knock down the world’s banking system. Just so you can understand the big Bitcoin’s place in the financial food chain.
I’d also like to talk about a common misconception. Many people think that the value of Bitcoin comes from the fact that it’s very expensive to maintain. The mining is expensive. This is called an expense and it has no relation to value whatsoever. Things don’t represent value because they are costly to maintain. This is exactly the opposite of value. The more expensive is something to maintain the less valuable it is. Companies which have small costs value more than companies which have big costs with the same profits.
There’s an old trick in the stocks market called pooling. A few scammers organize into a pool, they choose a smaller stock and they start to trade amongst each other with higher and higher prices. They just have to be careful not to catch attention. They have to increase the price gradually and slowly and the pool has to be big enough in order to stay undetected.
When the whole world goes crazy because of the huge gains on the pooled stock and when everybody wants to be a part of the miracle the pool quietly sell the whole stack of stocks and disappear.
The “investors” which are driven by greed don’t even care about the fact that the evaluation of the stock flied far above the actual value of the stock. How much simpler is this whole move when the given thing doesn’t even have a quantifiable value to which you can compare it to? Bitcoin is exactly like this.
I wonder how are Bitcoins divided amongst the wallets? Could you drive up its value by getting into pools? You can’t drive up its value because it doesn’t even have any inherent value. The value of Bitcoin only comes from the people who are willing to pay for it. Bitcoin only has a price because people want to look at it as money even if it cannot function as money.
The american dollar will have value until the United States exists and its government collects taxes in dollars from the world’s biggest economy and it pays its payouts in dollars. And if someone doesn’t want to pay the requested taxes in dollars the government has the power to imprison the person.
The expression of total financial ignorance is when the believers of Bitcoin state that the real currencies are also based on nothing. The real currencies are just paper too without any value. Every real currency is backed by real value: the given country’s economy, assets, government, tax system give real value to the real currency. No cryptocurrency can present anything like this ever because cryptocurrencies are made out of thin air.
Real currencies can function exactly because of this: because they have value too not just a price. This is why they can be a store of value, this is why they can be accepted in trade. Because tomorrow they will be worth just as much as today. They’re not just empty ping pong balls which are moved based on the needs and wants of the buyer. Potentially 10-20% per day.
(Just for the sake of the smartpants: of course after world wars a real currency can lose value too just like how the syrian fiat lost value too when the value was essentially bombed out of it. The country’s economy collapsed and half of the taxpayers died or fled out of the country. But even this shows exactly the fact, that the price of the currency changes if the inherent value changes. And also the the price of the safety fiats (swiss franc) can be pumped up if investors are panicking. But we only know that their price is high compared to what their value is because it has a value.)
Just because I invent the Reddit coin and create a lot but finite real physical coins it won’t be a currency which has value. Not even if the coins are unfalsifiable. Not even if there will be people who are willing to pay real money for my coins. Not even if other people realize that they can make coins just like me any time (that’s why there are already 1324 types of cryptocurrencies on the market) It won’t be real money even if following the current trend I create this Reddit coin as a cryptocurrency. Money doesn’t become money because I say its money. Neither does it become money because other people believe its money.
But let's take a look at the bitcoin wallets amongst the investors:
https://imgur.com/a/WN163
So basically 97,2% of the wallets doesn’t even own a single bitcoin! And 55,5% of the wallets doesn’t even contain 0,001 bitcoin!
Of course a wallet is not necessarily a person but its apparent that there are many small fish in the sea of Bitcoin. It's good to know this when you read all the comments from the people who try to defend Bitcoin no matter what. Most of them don’t even own 700 bucks worth of bitcoin but they will become rich for life from this investment.
0,01% of the investors - 1.677 people own nearly 40% of the total bitcoins available. (Or it may be that these 1.677 wallets are owned by one person or twenty. We can’t even know that) but even 85% of the total bitcoins is in less than 1% of the wallets. In stocks lingo this is called a low free float.
These people are the ones who manipulate the prices however they want it to. But of course they don’t want it to because why would they want such a thing? The prices are rising just because Bitcoin is the future.
If Bitcoin wouldn’t be the Holy Bitcoin it would be simply called a Ponzi scheme. How does a Ponzi scheme look exactly? They build up a system which is new, which is alluring and about which people can believe that it’s the future. From this you’ll become rich. If you pay enough money now then you’ll be the part of the money rain too. Until more people are buying in than out the Ponzi scheme works great. Nobody realizes that there’s nothing behind it. Just the money of the depositors gives it value.
Bitcoin is genial because it never even stated that there is some sort of value behind it so you can’t even expect it in the first place. Until more people want to put money in than out the price of Bitcoin will rise. I’ll say this again Bitcoin is alive because people want to treat it as money. “This is the money of the future, you are lagging behind if you don’t understand this. Why do you try to find the inherent value of it and the evaluation of it? You are an old prick who has no clue. This is a new world. Deal with it. You have to just believe this and don’t ask any questions.” Do you know how many times have I heard this from the faithful “investors” of the kairos, sidetalk, emgoldex ponzi schemes?
A lot of people wait a lot from the december 18th stock appearance of Bitcoin but it can bring more bad than good. If the big speculators start to go hard on it they can double the price or drag it down to 0 within days. It's rather easy for them because there is no value behind it. Just a price tag. If the British Pound was attacked what do you think what will they do with Bitcoin? Here there is no national bank which will change the interest rates or pull other tricks from its sleeves to defend its own currency from falling or from a rising. Also here the investors won’t be able to say that a bitcoin is definitely worth more than this or not because the whole english economy is not behind it so they don’t have a guide for its inherent value. If Bitcoin was volatile so far you can prepare yourself for even bigger storms.
You think whatever you want and you pay money for whatever you want. You know what? Even I’m telling you that knowing the madness, dumbness, and greed of people it is not unimaginable that Bitcoin will rise to 150 thousand dollars within the next year. But not because its value is that much but because there are too many greedy people who feel like they were left out of a great opportunity but it's not too late to jump in.
But also don’t be amazed if its price will be 1 dollar again.
submitted by RTT314 to Bitcoin [link] [comments]

Going to Budapest next month for work, anything I have to keep in mind?

Hi all,
I am from India and I will be travelling to Budapest next month to work for three months. However, this is the first time I am travelling to Hungary (or any foreign country for that matter). Therefore, is there anything that I need to keep in mind or prepare for before hand? Such as forex, accommodation, food, etc?
Thanks
Edit: Please let me know if you need any further details. I will answer as much as I can.
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Mega Yachts: The Latest Craze For Billionaires - YouTube Hungary: Hotel, Travel & Tourism Market Millionaire Playboys With the Most Insane Lifestyles ... Country Club Chaos with Chelsea Handler and Kevin Hart ... Insane Food in Romania - GIGANTIC MEDIEVAL BBQ + Mangalica ... 113 - Abbreviations 1. ( Rövidítések ) Countries and cities- Kaizen Angol - ingyenes nyelvleckék 5 Reasons for Investing in Hungary Damascus Steel The Black Death: Worst Pandemic in History Visualized ... Hungary Forex and Bitcoin Trading $15,050. Largest metropolis is Budapest.

Forex Brokers of Hungary Brokers Directory \ Hungary: Forex Brokers Search : Search for ... BPFOREX Online Forex provider, Official European Rep of CFGTrader... More: Country: Hungary . Capital: Budapest. Currency: Hungary Forint (HUF) Central Bank: National Bank of Hungary; Stock Exchanges: Budapest Stock Exchange : Forex Brokers Worldwide : Afghanistan Australia Bangladesh Brazil Bulgaria ... Hungary: 48: Denmark: 101: Czech Republic: 49: Iceland: 102: Jordania: 50: Switzerland: 117: Cuba: 50: Monaco: 179: Slovenia: 52: Bermuda: 258 . About our country index. Our country index compares average prices for a number of products in 75 countries all over the world. Some exampels of the products included are a night at a hotel, a restaurant visit, a taxi drove, a cappuccino an half a ... Forex brokers list by country. Here you can find the best Forex Brokers by Country. Select a country: AE - United Arab Emirates AR. AF - Afghanistan. AL - Albania. AM - Armenia RU. AO - Angola PT. AR - Argentina ES. AT - Austria DE. AU - Australia DE ES FR ID IT JA PL PT TR VI ZH ZT. AZ - Azerbaijan RU. BA - Bosnia and Herzegovina. BB ... What country should you visit next? Perhaps this comparison of price levels can help you decide. ... Hungary: 61: Denmark: 128: Czechia: 61: Iceland: 129: Jordan: 63: Switzerland: 148: Cuba: 64: Monaco: 226: Slovenia: 66: Bermuda: 326: Order currency . Planning to travel? Read up on currency information, price levels and payment culture for different destinations. See all destinations. Sun ... This is a complete list of all country ISO codes as described in the ISO 3166 international standard. These codes are used throughout the IT industry by computer systems and software to ease the identification of country names. We have compiled them in the quick reference table below in order to help our clients do quick conversions from the numeric or 2 letter code to any country name ... Currency abbreviation represents a shortened form of a currency name. Currency has its three-letter acronym or abbreviation. Usually, money abbreviations or the currency name abbreviation follow ISO international standard – 4217. Country currency abbreviation rule Top 8 Forex Brokers by Country helps you choose the right broker for depending on where are you from. Each Broker have different services on different countries and our tables help you to choose the most suitable broker for you and to start trading with them instantly! Well, Hungary's border is about 3 km from where I live (I'm a bit of Hungarian myself and I like their country!) and Croatia's border is about 7 km from here. I could move to each of these two countries and still come "home" every day. As a matter of fact, my neighbor (who is a Slovenian) lives in Hungary, but works here in this town where I live. Austria is nice too - I always loved Austria's ... Hungary’s growing influence on the Forex market is also tied with the rapid development of the tech sector and the number of foreign investors the country has attracted. Thanks to the financial stability and the long-term potential of the Hungarian market, more and more companies and investors are coming here. Also, Hungarians themselves are starting to consider Forex trading as a way of ... Use our forex brokers international search tool to find a trusted forex broker that supports residents of your country. To search brokers, simply select your country of residency using the dropdown country selector below. All forex brokers are internationally regulated and sorted by Trust Score to help you avoid forex trading scams.

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Mega Yachts: The Latest Craze For Billionaires - YouTube

Sign up for an annual CuriosityStream subscription and also get a free Nebula subscription (the new streaming platform built by creators) here: http://curios... Chelsea Handler and Kevin Hart workout at a country club, where they practice some of the activities the club has to offer, including golf, badminton, and la... Hungary population is reaching 10 million and the country GDP are growing in pass few years. However the people income still remain low at $28,000 a year. Get ready to trade forex and make some ... Discover the advantages of investing in Hungary by watching our concise video. We are a company formation firm in Hungary and our team of experts can help you start a business in this country. If ... The process of making mosaic Damascus steel l from an elevator cable. Tea: Hibiscus (Sudanese rose, Karkade) https://www.amazon.com/shop/shurap I want to rec... Billionaire businessmen throughout the world are fighting to possess the most original, flamboyant and magnificent yachts ever built, by their length, tonnage, ... 🎥Copenhagen Street Food Tour: https://youtu.be/gMNvp-83fDc 👕T-shirts and caps: https://migrationology.com/store/ Ferma Dacilor: https://www.fermadacilor.ro/ ... Join James Chappell as he speaks to Marius Gomola, MD of Horwath HTL, Hungary and founder of the HOTCO hotel investment conference, about market conditions and plans for re-opening the country. in hungarian (magyarul) country kÁuntri orszÁg city / town sziti / tÁun vÁros unite junÁjt egyesÜl united junÁjtid egyesÜlt kingdom kingdom kirÁlysÁg state sztÉt Állam union junion ... Who are some of the playboys out there with the most insane playboy lifestyles?! You guys know all about Dan Bilzerian, but do you guys know about the playbo...

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