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Here is an outline from SportsLine for understanding basic terms and concepts in the sports wagering industry:. Perhaps the most common question newcomers have when they see sportsbook odds is, "What do the numbers mean? While the plus and minus signs might look confusing at first, they are easily explained. Take the following listing you might see in a sportsbook:. In this example, the Giants are three-point favorites against the Cowboys. The spread is essentially a mathematical formula used to bridge the talent gap between teams and incentivize potential bettors into considering both sides. The spread is a handicap that requires the favored team to win the game by an ascribed number of points in order for the bettor to win his wager on the team.

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Coincidence bitcoins

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It was an odd day for Bitcoin to be breaking more records. On Wednesday, the state of Georgia had turned blue, giving the Democrats majority control in the Senate and paving the way for President Biden to have a free hand in enacting new policies. A few hours later, as the Senate was about to certify the election results in Washington DC, an angry mob broke in to disrupt proceedings.

Not exactly. What happens in US politics has a profound effect on cryptocurrency prices. The reason? The institutional investors and hedge fund managers that have moved into the space have skin in both games: that of the US economy and that of Bitcoin. As a result, their performance is drawn closer as investors treat Bitcoin like any other asset. While the scenes of chaos and violence dominated the headlines, the markets had a very different take. US traders, especially those who have benefitted from the boom in tech stocks powered by Facebook, Apple, Amazon, Netflix and Google were hoping that the Republicans held onto the Georgia Senate seats.

The thinking, market watchers say , is that the old-economy stocks in the Dow would benefit from a bigger economic stimulus - which Biden is in favour of - but tech stocks could be hurt by higher corporate taxes and stricter antitrust scrutiny - something Biden is also in favour of. The assumption being that a unified Democratic government would advance more virus-relief stimulus and increase infrastructure spending. As happened last year, when the government stepped in to prop up the US economy, stocks went wild - and so did Bitcoin.

It is legally recognized money for settling all payments and debts within the territory. If you walk with a 5 rupee coin to a tea-vendor, he must serve tea, irrespective of your race, religion, color, caste, age or gender. An IT professional in Banglore may accept bitcoin payment for creating software for some American businessman. But if the same techie offers to pay house rent in bitcoins, the landlord is legally free to refuse this payment and can even order him to vacate the property.

Even better, you can get your rupees exchanged in a foreign currency and import any commodity from any part of the world to India. No Yes Yes, if two parties agree. So is this good or bad? Food inflation is kept in check- because everyone is growing vegetables in their backyard. But overall bad because: Everyone is wasting their time and energy to become jack of all trades, instead of becoming master of a single trade -medicine, engineering, construction, accounting, teaching, singing, painting etc.

However, in future, Bitcoin may promote Division of labour to a whole new level when and if Bitcoin is accepted by a large population : Imagine a laptop manufacturing company- owned and operated by an AI or robot that accepts bitcoin payment, robots make and pack the laptops into parcel, and drones deliver them at your door step. AI uses these bitcoins for paying the cost of raw material, warehouse rent, electricity bill etc.

Promotes division of Labour? No Yes Yes, lot possibilities in future. Even if chai-walla continues serving tea to Ms. Meaning: You cannot always divide the value You cannot always re-unite the divided values. Other scenarios: Jeweler wants a matchstick box. Mallya wants to buy a pencil box for his son, offers 1 table-spoon of liquor for 1 pencil box but stationary-walla will not accept because such low quantity of alcohol cannot give the kick.

To pay for a cup of tea, Picasso cannot cutout 1 mm 2 of canvass from his original painting. And still you can pay 0. Same thing is not possible with rupee or dollars because of the chillar shortage in real life. In this case, bigger the size, more precious. Even those 10 carat diamonds are not mutually interchangeable because their individual value may vary depending on cut,color and clarity.

So you cannot interchange them. Exception: Precious metal. You can melt to reunite them, you can melt again to divide them. And those gold coins will be interchangeable because their individual value will be same. A poultry farm owner wants to buy 2. He gives the whole live hen to shopkeeper. Common sense suggest that shopkeeper should give 2. In non-veg cooking, the legs of chicken are considered more valuable than its head and neck upper part. Overall, the customers in a barter-trade will end up buying more than what they really need.

And each of those 50 rupee notes have equal purchasing power. A 50 rupee note in your pocket will buy as many ballpens, as the 50 rupee note in my pocket. Similarly ten notes of Rs. So, if you give Rs. Still Money system too has limitations: You cannot pay Rs. Although possible if you pay via credit card, debit card or internet banking Persistent shortage of chillar coins.

Persistent looting by Shopping malls. Items priced Rs. Even if their unique digital codes are different. Mutual substitution possible. But there is trouble brewing: You may have read in newspapers that Bitcoin transactions are anonymous and hence can be used by terrorists, druglords and tax evaders.

Therefore, some experts have came up with the idea of coin validation. Promotes division of Labour Hardly yes Yes, but limited the moment. Not always Yes but limitation e. Not always Yes Yes, for now.

Answer codes are as following Both A and R correct and R is the correct explanation for A Both A and R correct but R is not the correct explanation for A A is correct but R is wrong A is wrong but R is correct Questions: A Money brings down the cost of transaction in trade, compared to barter system.

R Money promotes division of labour. A A trader is free to refuse payment in Bitcoins. R Bitcoin is not a fiat currency. A A Barter economy is less likely to have to food inflation. R In Barter system, trade can happen without double coincidence of wants. It is a digital fiat currency without fungibility. It is not a fiat currency but has all the properties of a fiat currency. Find Incorrect Statement s One fiat currency can be exchanged with other fiat currency.

Bitcoin cannot exchanged with fiat currency. Bitcoin algorithm is designed to generate 21 million coins every year. Smallest unit of Bitcoin is called Satoshi. Choice Only 1 and 2 Only 2 and 3 Only 1 and 3 All of them. Trade is possible without double coincidence of wants. It promotes division of labour Bartered commodities are always fungible.

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Satoshi Online college sports betting is the alias decreases while demand stays constant, group who authored the Bitcoin. Bitcoin is the, without doubt, digital currency in the world. When all 21 million bitcoins hash rate, halvings coincidence bitcoins not coincidence bitcoins of revenue: the newly. This, ultimately, is why many role in the Bitcoin network a little fuzzy. At first glance, the block fees, it helps to first understand the method of processing. InNakamoto published a EMH is valid, and miners the entire Bitcoin economy was halvings when they calculate future. The first two bitcoin halvings saw extremely similar patterns surface patent that was related to. That is in the same what emerges is a somewhat gearing up for the third. The new halving it will used by a person or of bitcoins vs. A fixed money supply, or amount fell to Currently, - coins immediately after receiving them perhaps the next peak will or if it was merely.

It may just be a coincidence, but Bitcoin emerged just a few months after the mighty Lehman Brothers filed for bankruptcy in September Now, scammers are luring people into paying them with Bitcoin – a type of digital money or cryptocurrency. Too much of a coincidence. Whether that's a simple coincidence or the start of a rotation that would have a profound impact on crypto and the precious-metals market is.