Hello. How are you all? I am new to this forum. I came to know about bitcoin forum from a friend of mine. But I don't know much about forums. What should I do in this situation? I know about Bounty but I am not interested in Bounty. How do I start working? What should I do? I want your help to start my journey-
Thanks-
If you come to the forum solely because of Bounty, you wouldn't go far, in short you will end up spamming your post history with proof of Authentication, Twitter and Facebook links and at the end of the day, you will not learn a single thing in the Forum, all you will be doing is visiting Bounty board, you wouldn't learn anything tangible about Bitcoin not talk more of the forum it's self. It's a good thing that you asked a question so you don't end up like your friend who invited you to the forum. My advice is this, spend more time in the Forum to understand how the forum works, learn more about Bitcoin and expand your knowledge outside the forum, when you utilize these resources, you will understand Bitcoin better and how to relate will not be a problem to you and how to respond here. Don't hard yourself on it, just be natural and if indeed you are willing to learn, you will grasp basics in short time. |
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I joined crypto early last year with little knowledge. After I had loose some money to altcoin, I decided to go for some research and I observe it best to make 80% of ones crypto savings to be Bitcoin.
Why I against altcoin and prefer Bitcoin:
Lower popularity and smaller market cap: Altcoins have a smaller investment market compared to Bitcoin. Bitcoin has generally hovered around 40% of the global cryptocurrency market since May of 2021.
I don't quite find altcoins fascinating but I don't agree with some of your explanation. An altcoin may have less popularity which is right because it's new but ignoring them because of low market cap is not valid reason why they should be neglected, they are even more easier to make x10 than to make that in Bitcoin if you know understand how altcoins are shill and exit strategy when you had enough profits bu I don't just like them from my own personal reasons, they are not real to me. CONCLUSION
A good practice I will recommend for all expecially beginners is that they should invest mostly in Bitcoin as this is highly save for the future.
Altcoins is full of deceit and lies, the team are very manipulative and if you are not careful, you will get caught up in there games, it's better to avoid them without even thinking twice, they may look profitable until you had loss from the market. |
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With my observation, many newbie are merit conscious to the point of posting low quality posts not because they are not good but because they are rushing to see people start giving them merit. Learning is key to knowledge and the path to success.
If I have not join this forum and learn about Cryptocurrency in detail. I never knew there is a big difference between bitcoins and the shitcoins. I once thought one can invest in any of them and wait for profit not knowing that shitcoins can hit the rock at any moment and vanish into the air.
It's a good idea, if we learn first before thinking of contributing, that will help us understand better and help others. As I speak, I am still learning and trying to know more.
If you come across posts you are not acquainted with, learn from the posts and the replies, it isn't a must for you to write something that will end up annoying others or see you as spammer.
Learning first, build our experience. Your motor as a newbie should be learn first and every other things will follow and be added unto you.
Well, it it's not a requirement to become an outstanding poster in the Forum. You can choose to learn about Bitcoin independently from outside environment like from good books that are well prepared by prominent advocate of Bitcoin supporters from its early days, you can also learn from who want to learn a bitcoin website, every page from that website has been useful and you can also learn from credible place like Bitcoin.stackexchange to improve your knowledge from those questions and answers, they help a lot if you make use of these platforms. However, the forum is important to relate and know how to post in a very effective way to communicate with other members, you can choose to learn from others but be selective because some people are influencial in a way that deviate true meaning of Bitcoin ways, we have plenty of them here. |
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I though it right to share this with the forum as I think this will save some persons from a whole lot of drama and stress in case of a deceased.
I got to find out about a POD form which simply means PAYABLE ON DEATH from a friend yesterday after his father passed on, leaving them with some reasonable sum of money in the bank and upon check, the father already has a POD form which saved them from the stress of getting a lawyer and all the legal processes to claim the money but rather all they had to do was get a death certificate, take it to the bank along with the POD form and the money will be issued.
I felt this was very important because I know how much effort and money it took us to get access to my late fathers money in the bank after he passed on.
I think everyone needs to get this form especially if you have any holdings in the bank.
N/B: no one is dying anytime soon but death is inevitable.
Through a legal process, I think even next of Kin is not entitled to the money in account except when the real owner of the account already made an arrangement on payable on death, but in Nigeria, I have forgotten one document they called, it is used to process the money after the owner of the account has passed away, that's what they use to retrieve money in account without getting a lawyer or getting legal process involve but this of course may be different from other country but I'm making reference to Nigeria because I knew you are from Nigeria and if you need a video about the explanation, I will forward it for you. Death has been my concern and I think this is also a concern for Bitcoin holder who held private key in close secret, it's the best thing to do but I just hope one don't passout with the private key to the grave while the family are on earth suffering to look for money to arrange for his burial.  |
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Some few days ago, Mark Zuckerberg launched a new app called Thread. The whole netzines are wondering what his intention. Could this be an experiment. The shocking though expected of it is that a few hours after it was launched, it recorded success both in the number of users who signed up to use the app and most importantly on Meta's stock. However, looking critically at the app we can it is obvious that it is merely Instagram clone. We already know that there is some bad blood between Meta and Twitter. Or Mark Zuckerberg and Elon Musk. Given this, I would like for us to discuss this, if Elon Musk decides to launch a clone of Twitter app, do you think it would achieve the same level of success in terms of user base and Stocks considering Elon's controversial history with Twitter? - https://www.forbes.com/sites/brianbushard/2023/07/05/meta-stock-soars-to-18-month-high-ahead-of-instagram-threads-launch/In reality, you may found out that we are just Netizen who don't know what is happening in reality or perhaps maybe it's because everyome has become part of the internet that we don't give a damn about what is happening outside the internet. No way Elon and Mark will drag each other the way some people are speculating the whole thing, the influencers and the media are the ones fueling the everything. In the real sense, anyone can copy an idea if it's open to the public, Mark just happened to have money to create a similar idea from another perspectives, if it has been an ordinary person, Elon would have silent the creativity behind that app and lord knows how many talented develoers they have silent so far. It will be a waste of resources if Elon decided to clone a similar app like Twitter, he would have done so in the first place before he acquire Twitter. He knows how important Twitter is to the world at large and that's why he bought despite the hiccups that happened along the way, it's not a something to even think of right now as there are more debt to be paid off to settle Twitter payment. |
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When i am still single i don't really plan out my spending it is just let it be so i do always come out short because i do spend much but now I do plan out my day like I only need to spend this for food and having extra then that is the time i will buy my wants . Without planning right now is very difficult because you'll caught of short and then you cant buy anything mostly now i do have family to feed.
Planning is of the essence but sometimes when I don't go to work, I stay indoors, and do the cooking as everything I need is at home. However, is this topic actually necessary, I thought the initial plan of a Bitcoin holder is to buy and hold and go out and enjoy life outside there, I can hold Bitcoin but that doesn't limit my budget on how I spend and how it affects my life style, I think when you begin to confine yourself as Bitcoin this, Bitcoin that, you may even find it difficult to enjoy the only one life we hard. The question should have been straight up without adding Bitcoiner, I mean look at Microstrategy for example, as Bitcoin holder he still enjoy his life and share time with his family, have fund and of course spend money but it doesn't affect his Bitcoin position, it should have been budget on how to spend wisely and daily expenses as an individual or married person |
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That's obviously a statement you don't hear many people say, but if we review the history of the cabal that decides if they should implement QE or QT, the cabal has the susceptibility to over-adjust in one side causing inflation, and probably deflation after over-tightening. When one act causes an outcome, they over-adjust to stop the outcome, which causes the opposite outcome.
This is subjective to individual country and I don't think my country is even ready for this discussion as most of the tightening policy is killing the mass literally, the increment of tax has also been a big burden to everyone and yet inflation has been a big discussion in the country which has affected every commodity you can found in the country, the services are not left out, deflation is still far from here but perhaps the new government will find a way to make it work this time around but wait for a second, are you using same US that people are screaming on every day.  I'm not an economist, but if deflation happens in 2023 that causes further recession, what would the Federal Reserve do? MAXIMUM ORDERS OF BRRR-MONEY PRINTING. Prepare to experience a big surge for Bitcoin like it was 2015 - 2017  Then was late 2020 and 2021 price surge a deceptive measure of Bitcoin price run, 2015/17 is run is entirely different from 20/21 and we expect a soon surge in 2023, I beg to differ though but perhaps you are using halving effect in play otherwise even if the SEC go BRRR, the market makers will do what they like in the end, they have always been the benefactors of the surge. |
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since 2018 which is over 5 years when I got information about Bitcoin I have lost lots of opportunity that could have changed my life because I choose to be reluctant from concrete friends advise concerning Bitcoin because, through investment of cyptocurrency many of my pals have been scammed and the downtrend movement in 2018 also got me discouraged so i concluded that Bitcoin was not worth the risk for me, and
now I have come to regret from the discission i made due to ignorance because over the years it progress has really attracted my attention, so i met a friend who is now i successful investor and he introduced me to this platform
Anyone that buys and holds Bitcoin has more to say than what you see on the chart because you might have not been following what has been happening. In 2018, almost everyone gave up on Bitcoin as it crashed down below $4000, and 2020 had a similar iteration when the whole market sank in blood, but nobody will tell you that but it is nothing to fear about but that is just the pain you may go through sometimes, you have to develop a thick skin to be able to hold Bitcoin, so don't over joy on the success story of your friend, practically it is not easy to hold if there is price crash but it worth it though. seeing the success, growth and progress of the platform, I want to personally appreciate the members from legendary to newbies like me for keeping this platform running and going
Thank you very much for your supports and consistency
You are more than welcome, and you have also been on the forum and creating a thread is one of the families of Bitcoin, just try and show up here once in a while to discuss what you feel about Bitcoin, and moreover, there is nothing to regret of coming late, start from somewhere and the amount you can afford to lose to be on the safe side, I'm just saying respectfully as an old member to a beginner in the forum |
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I have been thinking about trading in Bitcoin for quite some time now. I have been involved with Bitcoin for a long time but am still thinking about investing here. I used to run DPS in bank for 30 dollars per month for 5 years, this DPS will complete 5 years this month. I'll get roughly $1800, I don't think it's much of a savings to keep that money in the bank. Bangladesh is suffering from severe dollar crisis due to which many banks are likely to go bankrupt. The names of those banks have not yet been published by any mass media. Because of the economic condition of Bangladesh, I want to invest my money in Bitcoin. I still don't understand if my decision is right, please let me know your opinion
Are you familiar with Bitcoin or are you just hearing it but have not interacted with it? I will assume the former. Bangladesh [1] is doing anything to get dollar to meet up with the volume of petrol the people are using in the country and there has been instability with the rate of export and this is why the dollar has become scarce but that amount you invested for a period of 5 years is too poor, I'm not a rookie but if you have invested that money in Bitcoin for every month to now, you will have been proud of yourself but better late than never. Lets forget the past tence and discuss the presence, you can use your savings to buy Bitcoin but I wouldn't advice you to use everything. Divide the amount into half and buy Bitcoin and keep the rest pending the till the end of the year, if there is decrease in price prior to that period, use the rest to buy Bitcoin and if it never comes down, still buy because no matter what, you will make some money out of it because halving is the leverage that will protect you from losses for short term profit. [1] https://www.reuters.com/world/asia-pacific/bangladesh-struggles-pay-fuel-imports-dollar-crisis-worsens-letters-2023-05-22/ |
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Anyone who doesn't want to follow the laws to register their crypto ATM shouldn't operate at all. While I am happy that there is a crackdown on these illegal ATMs my concern is that it may be misapplied and affect legitimate businesses who operate crypto ATM that have complied and gone ahead to register them. Do you think this would happen? I know that even if this happens it may not affect bitcoin or its price but then having crypto ATMS goes a long way in contributing to both visibility and how accessible bitcoin is although I know that their absence do not affect bitcoins value. But seeing it around the corner promotes awareness and adoption, and could motivate individuals to engage with it leading to bitcoin's growth and acceptance.
What do you think?
I'm not sure exactly where I read about some vulnerability of Bitcoin ATM and how the owner was still Bitcoin without processing transactions but it was somehow related to Bitcoin ATM theft and when an investigation was carried out, something similar like this happened, and with time, the person that was indulging was caught, and for them to embark in this scrutiny, then there must have been increase in the number of unregistered ATM and perhaps, have genuine security tide up. I hope you know that Bitcoin ATMs has a fiat option, the ability to convert between Fiat and Bitcoin and there is a limit attached to these machines that ones they are crossed, they are not just regular business machine, they need to be registered formally and recognized to avoid money laundering and other illegal activity, to me it is fine since there is nothing decentralized about it and also nothing to be hidden from the rest of the world with zero privacy, I don't see anything bad in cracking down unregistered machine if the law says so, they should adhere the host community rule. |
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I don't think this is the case nowadays. Because most of the web3 based casinos are now considered also as a project. Their business idea had a timeline or a roadmap. With that casinos introduces their own coin. Now it is not only they're profiting from their business but also from the appreciating value of the coin.
So when entering their website, you can't play with the raw coin BTC or LTC, you have to convert it first as a token.
I see these coins as a waste of resources and unnecessary effort in their business line, they mostly create coins because they want to segment their customers like VIP services which I can get elsewhere with an amount of Bitcoin in another casino. The setback sees in these casino base own tokens is lack of interest because only a few people buy them and they don't get many speculations like the way other altcoins do get hype from buyers, what are you going they going to scream and lie on Twitter about the promising coin when there are more than other 1000 coins available in the market they can buy and get profit, most often than the casino token don't usually have volumes to begin with. |
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Therefore, Sadio Mane does not need to leave the club, even if Bayern Munich succeeds in signing Harry Kane, because in my opinion, then a murderous bunch of Mane and Kane could be organized, like Mane and Salah in Liverpool. I hope Bayern Munich have enough patience to keep Mane and give him a second chance to show what he is capable of. Trying to make Mane the sole replacement for Lewandowski is, in my humble opinion, a mistake.
That's what Bayern Munich should have done to keep Mane playing in Munich because Sadio Mane has only been at the club for one season and unfortunately it has been interrupted by an injury which has disrupted his performance but he will still probably develop there well and this has also been confirmed by agent of the player that Sadio Mane will remain at Bayern Munich, but changes may occur, and if in the end Bayern Munich chooses to sell Mane because they have got Harry Kane, I think it is only to get fresh funds for the club because they have spent quite a lot of money to bring in the English players. What a sad journey for Mane to end up this way but I must say that Mane doesn't deserve what Bayern is doing to Mane, if they are looking for a scapegoat to use to acquire Kane, I believe there are more players to sell than mighty Mane but I think his past behavior that happened between him and Sane is still in play otherwise why are you going to buy a player worth $43M and then woke up one night and decide to have him sold for $17M just to raise funds to bring Kane at all cost, they shouldn't forget the fact that some players do well in an environment but changed and get worse when they resume the same position in another environment, I will be among people that will laugh them, seems they forgot how lucky they finished the Bundesliga with a point. |
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I also think Mbappe won't be able to move to Madrid this season because it would be huge money for the club. Real Madrid won't pay that when next season they can buy Mbappe at a reasonable price. I think nothing serious will happen if Mbappe doesn't play for Real this season, although they will miss such a striker.
If Real Madrid doesn't really need a striker like Mbappe for next season, of course the solution is to wait for a reasonable price after Mbappe's contract period with PSG is over. But if Real Madrid still really needs a striker like Mbappe to have a surprise next season, at least Real Madrid should try to get Mbappe even though the price is slightly more expensive. Because next season Barcelona is predicted to still be very strong and Real Madrid must be able to compete to get back to being better in La Liga. You have not been following what is happening in PSG camp, Mbape has just a season left with PSG but in other to continue he must extend his contract with PSG for another year to stay in the club or he should live right away; the problem is not that there are not buyers, there are plenty of them but the asking price is so high that it is out of their financial plans, only Real Madrid has such amount to spend and they are also looking on some options as well because I expect them to have learned from the mistake they learn from Hazard, there are still plenty of talented strikers in other clubs by the way, they fish out one just the same way PSG find put Mbape. |
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Looks like Chelsea is still intending to add to the strength of their front line by bringing in one more striker to the club. The name of the striker who is currently quite busy being discussed that Mauricio Pochettino is interested in is Dusan Vlahovic who is currently at the Juventus club. And the good news is that Juventus are also ready to let go of Dusan Vlahovic if Chelsea dares to redeem the player for 80 million euros. But isn't that price too high?
That's outrageous! Juventus is actually demanding a staggering $89 million for him, and personally, I find that price to be absurd. With just 10 goals and 2 assists, his performance seems mediocre at best in my opinion. If I were Pochettino and faced with such a hefty price tag from Juventus, I would prefer to ignore their offer and instead increase my bid for Osimhen, who has a market value of $120 million. But, we all know that Napoli is not willing to engage in such negotiations as their president has repeatedly stated that he is not available for sale. I find it hard to understand why Chelsea is considering adding more midfielders to their team, especially how they fell for Enzo Fernandez's World Cup offer. Although Enzo is a talented player, I don't quite comprehend why they are now setting their sights on Moses Caicedo, who Brentford is asking for $100 million. It seems everyone is attempting to squeeze even more money out of Chelsea, taking advantage of the huge funds they have received from player sales. It's difficult to understand why a player like Caicedo, who was acquired for a mere $5 million between 2021 and 2023 and has only scored one goal, would warrant such a high price, hell no! |
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I am Man united fan and i can tell you Man U is not yet ready for the champions league, I will advocate for Asernal more than Man United, look at how poor they are doing in the transfer window, a serious club will by now get their main targets but till now, they have not, no squad depth, until they offload some dead wood players like chelsea is doing and sign new players until then, they are not serious yet
It's very funny to hear someone who claims to be a club fan but season after season they are supported by opposing clubs. I don't know how many days have you supported Man United? said the club was not ready, in terms of squad depth, it was not qualified and so on. You think Arsenal is now ready? just because of the squad of young players? even without experience in the Champions League (isn't it no different from Man United) but at least Man United has players who have played in the Ucl many times. So if you now support Arsenal, what is the strongest foundation to deserve to compete in the Champions League competition? Mixed feelings at work and probably the De Gea effect is still hurting some fans and that's why they are not happy otherwise as a fan of a club, I do defend my club even when they are wrong, I do it sometimes to avoid being bullied and it also fun to blindly argue when you know the truth but anyways we can't deny the fact that Erik has not done much in this market transfer, they ought to have seal many deals since the transfer window became open for every club to buy and sell. I also think the guy above went overboard because not even an Arsenal fan will sit down and compared Manchester United perfomance with Arsenal just because they had a great come back for just a season after so many trials, I will be among to confidently say that Arsenal will not win this Champions League if they should advance to any place in the League, they don't stand the chance this season, they may repeat what happen to Barcelona last season on the Champions League to Europa and still got eliminated. |
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de Gea is currently 32 years old and he can play for the team for another good three to four years because he is a goalkeeper so until he is 35 his age should not affect his game because he does not run around the field as much as other players. André Onana is already over 27 years old, that is, he is not that young. André Onana has performed great for Inter Milan in the last season. Maybe his great performance has caught the attention of Ten Hag, so maybe Manchester United manager Ten Hag wants to make Manchester United a stronger team by taking him to the team.
There is no specific age for any player to stop playing, look at Messi and Ronaldo that is considered the Goats we ever had in the history of football and they still fit, the conclusion is that as long as you are fit to protect your team from conceding and also helping them to score, they don't use age a factor and most often than not it is the players that use to retire from their club. Since Saudi Arabia has been a dumping ground for old players from European teams, there is a high tendency that De Gea will also get a call from those clubs because it seems Rumelu Lukaku has already gotten an offer as well if the pay is good for De Gea, that man will move to that region to relax his life instead of these ungrateful Premier League clubs and their fans |
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About yesterday I came across a friend looking so depressed and sad and tried to interrogate with him then he said he felt like giving up in life and i asked why, he said he used about 80% of his savings to stake on a particular football game and lost, I felt so pity for him and had to encourage him with some advices.
Though I've had losses in gambling but I've never had such a sad one like he's, I was introduced to gambling by a coursemate in college who won a jackpot, thought I lost in my first three trials but played again and won about 80k in my local currency, there are people that's made millions through gambling and some others are yet to win but still find it difficult to quit, share your experience if you have any whether good or bad, cause I believe there are people here who would learn from it.
It was funny when I read the part 'Interrogate' him, you asked him and he share his burden with you as a friend, though your friend made a big mistake by using money that is so important to his life for gambling. The reality of gambling is this, don't ever use money that is so important to you to wager any game, it doesn't worth it no matter the opportunity that you see in it, it doesn't end well, in short, there is no way you will enjoy gambling when you risk money you need very well because the more you try to relax not to think about it, there is this reoccurrence of reaction when you remember that your money is at stake, not a wise decision and I hope your friend learn his lesson. If I'm to calculate my losses and profits in gambling, I will be among the lucky ones that I have earned a good amount of money from gambling and I'm happy to like it for fun and a way to kill time, especially in those boredom time, watching sport and realizing that your favorite is winning and your stake is going to win has a way it hit different, like that goosebump from spiderman, I can say no regret so far. |
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Real Madrid didn't choose Mbappe over Haaland. Real Madrid had no chance against Manchester City. Those are two very different scenarios that you describe as if Real Madrid had a choice to make. Haaland said that he decided against Real Madrid quite quickly and then Bayern and Manchester City was left and as we can assume I guess, Manchester City offered him a lot more salary and bonuses than any other club. Haaland also preferred the Premier League over the other leagues. In contrast to Haaland, Mbapper doesn't have a special clause that allows him to leave for a certain amount. The transfers are different from each other in almost every aspect.
Yeah this was what exactly happened then. Otherwise Real Madrid are normally a dream club for so many young talents as we all know. I wonder why they didn't offer the same conditions Manchester City did to Haaland. If I were in their shoes I wouldn't care whether it is going to be Mbappe or Haaland. I would have just tried my best to sign one of them when there is opportunity. Real Madrid would undoubtedly seize the opportunity to acquire Haaland if given the chance, but it appears unlikely that Haaland will leave Manchester City this season, and it seems he is not inclined to move to Spain in the near future. Furthermore, finding a quality striker is akin to capturing a live lion and introducing it to a new zoo. We are well aware of the challenges involved in securing a proficient forward, as the ones currently available are reluctant to part ways with those under existing contracts. But of course the Premier League is the most prestigious one in Europe and the favorable offer comes from a club like Manchester City at the same time. It is really hard to refuse. Real Madrid should just focus on Mbappe now not to lose him to any other club surprisingly. I say "surprisingly" because for now, they are the absolute favourite to sign him. To be frank, Real Madrid has the financial means to acquire Mbappe and cover his substantial weekly wages. However, he has encountered hurdles right from the start, and the weight of guilt and karma continues to haunt him. Presently, his relationship with PSG is strained, and if there is a wealthy club that offers something enticing, he may be released from his obligations at PSG. I still hold the belief that Real Madrid will eventually secure his services if nobody comes towards the end of the transfer window, but certainly not at an exorbitant price as currently demanded. |
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-snip-
I don't understand the context of rich mindset and been a rich person. I can chose to be a rich person and chose to spend less and people will see it as been stingy type of person or don't want to spend and see me as broke buy if it's the life I have chosen, nobody can define it for me because I own it and set the standard for myself. Let's put it in gambling context, the only thing that push people do things out of there limit is greed, it let them have unsatisfied mindset and gamble out of their limits, this is why they always go back to nothing. Gambling should be concise and fun, I can't imagine someone spending an entire 24 hours gambling and expect to make wealth from it, such people end up been addicted and play pity card to attract attention but believe me they always go back even they are save from such bad habits of fun. |
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