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121  Economy / Gambling / Re: Casinos not asking for KYC to register and play, but do require it to withdraw on: June 27, 2024, 06:07:59 AM
Of course my words doesn`t mean that we must share our data with everybody. But i often see how people give their data to unknown internet services without any guarantee of it`s security and the same time cry that casino can steal their data. It is strange enough as for me.
About license i can add my opinion, may be it isn`t true - i`m not a big player and never was cheated big sums. I don`t know how Curacao license can help me to return my money, if the casino decide to cheat me. 
I think many people at still ignorant about data sales that is why they are always eager to give our their data unknown source or company that could use their data against them. We don't have to keep sharing our date with online casino just because we want to play games, have fun and make money. There are other casinos too we can get the same thing from that would never ask us if our data because they felt it is unreasonable. Bad hands can get to use our data on Internet fraud and out us in great danger. We just need to be wise and keep doing the right thing.
I saw a bot in telegram, that showed information about telephone number owner. I searched information about people, i know in real life. I`ve got information about all of them - id, address, job, something else, i don`t remember. We are in the world of data. Big data. And there are people who can work with it. As the result we can get such information from the telegram bot. May be it was stolen, i don`t know, but anyway i think that data about all of us can be find in internet.
Regardless of the level of risk that we may see associated with KYC data protection and the risk of data linkage it is also important to know that KYC also protect the gambler from some data violation, such as identity theft that could be exposed only by KYC update, I am not against KYC but what I don't like is when the KYC is only demanded when the gambler won big amount even though they already done some level one verification.
I don't seem to get you correctly about the remark that "KYC also protect the gambler from some data violation," I would appreciate it if you could shed more light on that.

Well, the issue of KYC has been lingering for so long and in the end, I think this favours the government intervention rather than the customers' interest and data security. If you would agree with me, if not for the KYC, data leaks would not be as much as it is now, and we would only be hearing of the few ones that happens due to hacking and robbery. But today, we have millions of companies in the world collecting people's data, is the government telling me that they trust the safekeeping of people's data in the hands of these random people using companies to collect the data? I will not even think otherwise.

So, the issue of data collection through KYC online is always concerning, but it is unless we want to stay off the internet that we can overcome that, which is not possible in this civilization. As for the approach of demanding the KYC when you are winning frequently or trying to withdraw big or even withdrawing frequently is not new, it is we who should outsmart them by doing the right thing. Even if they ask for additional documents, let's provide them as and when due. I hope they will not start playing false verification to avoid the customer passing the verification for them to keep the money to themselves.
122  Economy / Gambling / Re: [Just For Laugh] What kind of advice is this? 😂 🤣 🤣 on: June 27, 2024, 05:39:29 AM
And with this reason you have given in addition, we have to also remember that in gambling, we cant always be on a win win side, sometimes we might be wrong on our predictions while thinking that we are doing the right thing whereas its totally wrong, though gambling is for fun, but we can be in many ways far ahead by being close to the proximity of accuracy in what we do, just to make the fun to the full.
Gambling should be done based on fun that is why we all should stake only amount we can afford to lose and still be OK to continue with our gambling  quest,  unlike allowing greed to take over us to think that we can't win all the time there by forgetting that the house will always be at advantage with the house edge in place.

The fact is that one can not have an accurate predictions that is why we lose and win an an interval but.the ultimate thing is that we should not gamble above our limits.
This is very good advice and I hope any gambler can take it, but unfortunately, it is just like a plaque, no matter what some gamblers know or hear as the right thing to do, they will still do otherwise. It is just like trading, gambling moves people like a controlling spirit, and it takes wisdom and a strong mind to say no at a time like that. Still, I absolved gambling of all wrongs but the people gambling who are either not ready for it when they started, as people do not prepare for what they meet while gambling, or it is not just possible to gamble rightly by them due to their nature.

Such people can never gamble without any issues, especially if their nature is emotional or greedy, they will always gamble in error and get frustrated often which will lead to more gambling complications with a long varied list. That is why the possibility of gambling for fun or being neutral (as I preach often) is almost impossible for so many people. In all, anyone gambling should ensure that he first have the right preparation for it, the learning is so important to know the pros and cons, and our susceptibility to it to guard against any issue.
123  Economy / Gambling discussion / Re: crypto sites (trustdice, coins.game etc etc) which one to pick on: June 27, 2024, 05:16:00 AM
I'm new to the crypto world of gambling. I've come across some crypto casinos like trust dice, coinsgame,spassino, rollbit,.. but i'm still figuring out which ones are trustworthy.
Therefore i wanted to ask for some advice and people who have good experiences (esp. with withdrawals etc) on certain sites. Thanks in advance!
I hope this is not late yet as it is now the second day. I feel for those who are in this situation where they need the best services, or at least the service that will not swindle them of their money, a situation where most of them fall victim. But you should be thankful to be asking this question on this forum, you can't go wrong.

However, among the casinos you listed above, Rollbit is the one I can point to on average, this means that you are still not getting there yet. If you need a better casino or sportsbook, it is best to choose Stake.com. Aside from the fact that Stake is more liquid than all of them, it is more reputable and popular with better games to choose from as well. Good luck to you!
124  Economy / Gambling / Re: Best Crypto Casinos! on: June 26, 2024, 02:43:59 PM

The legal requirement to provide personal data of clients, for example, to crypto casinos, creates the following problems:
For the casino this is the need to comply with security requirements against leakage of personal data, maintaining the secrecy of this database, redundant staff of highly paid specialists, lawsuits after hacking the database or selling personal information by a corrupt employee  casino. 
For clients, this is the fear of providing copies of documents, time spent on KYC, possible troubles after a data breach, and even possible blackmail and extortion from criminals. 

This is where the global question arises - why do people need all these stupid difficulties? 
There is no sense in these problems.  And there is only one harm. 
And government claims that all this is necessary.  But this is falsification.

I see all of this as requirements for governments to have absolute control over everything, so in this order of things things can go well when the rights of each person are respected, but for now the most biased right is privacy and anonymity, now every casino, every exchange and everything that is for the benefit of a person requires Documentation and that is what favors Governments, a government that has its people involved in cryptos will find it easier to collect taxes from them, and thus be able to get some money for everyone, that is a fact , if these types of things Cannot go well for them, the only ones harmed by all this will always be us, never a Government.

Well, actually, all these areas of development of digital technologies, instead of improving people’s lives, on the contrary, create unnecessary difficulties and generally have an unpleasant effect on the quality of life of millions of citizens of different countries. 
And here a natural question arises: is the entire process of development of civilization as a whole moving in the right direction?  And the answer suggests itself.  Anything that worsens the quality of life of millions of citizens is the wrong direction of development.   
But I really can’t imagine what to do to somehow correct the situation.

There is very little awareness of that, people just want easy and effortless things and if technology can do it then it is much better for many, I have only seen it in children , and the Children who play some sports and who practice them are very few, they are only interested in having the best phones, the best games and being locked up and not doing the things that many of us do that are so necessary for the development of life, so these kinds of things are what Really Corrupt people Today, it is difficult but the trend is towards that.

Well, that is the reality now, we should all embrace it and try to manage the bad side of it for our own good. Technology is good and I do not think there is a disadvantage of technology that will outweigh the advantages if people can be reasonable and selfless about the usage. A whole lot of disadvantages could be pointed out though and that is still because we are still selfish, people want to cut corners and use technology to aid it. This, I am afraid will continue unabated because as humans we often like the easy way, especially if such can give us superiority and speed.

As for the children, we can't blame them, they are spoilt with what they met in their time. Some little children are even more advanced than me in the use of technology and I will always encourage them to do more because, if they lag behind in the reality of this present age, they might miss a lot that could have been helpful to them in the journey of life. This is just like many that are illiterate compared to the literate ones, those illiterate mostly regret this while education gives the literate higher leverage in life.
125  Economy / Gambling discussion / Re: [ POLL ] The Rematch: FURY vs USYK 21st December 2024 on: June 26, 2024, 10:40:24 AM
Fury has to add more aggression to his strategy. Perhaps it might help if he turns the fight into a brawl. Outfighting is highly advantageous to the much quicker Usyk.
I guess he already knows where he went wrong in the unification fight and will try to rectify the errors for the rematch. Having said that, Usyk is a fantastic boxer and would try his best to counter whatever strategy Fury brings to the ring.

I've not seen where Fury claimed he didn't lose the match between himself and Usyk, he may only try to talk the winning down but the match was clear and the decision was never divided.
We can agree or disagree with what Fury says or believes but he clearly stated that as far as he was concerned he had won the fight. I am surprised you missed it if you had seen the video. Watch the video in the link provided by hilariousetc and when the video gets to 1m 38s Fury clearly states: "I watched the fight back lots of times, still got he same answer, I thought I won the fight, I thought I did enough"
Oh, that is nice and constructive enough, and perhaps I should have added that it's in the first sets of interviews after the match because, after that, I've never given any attention to what he has to say. I never watched this particular video, regardless, as we know Fury, he is such a big mouth guy, he may say a thing now and downplay it tomorrow and even change it entirely the 3rd day, he is what he is.

You can imagine the concluding part as if he will beat Usyk like a baby...lol Let's wait and see. I am betting on Usyk again! Wink
126  Economy / Economics / Re: Should there be a limit to investing in your children? on: June 26, 2024, 10:09:46 AM
snip-
Do you think parents should have a limit on the amount they can invest in their children?
There is no need to regret and no amount of money spent on your children should warrant this, but it will still be very good for parents to plan this within their means so that they can also plan for their future. I've also never been in support of parents viewing the right and quality upbringing of their children as an investment for payback. Fine, good and well-brought-up children will reciprocate if they have, but no parents with true love of their children should think they are investing in them so that they are productive for them someday, that is selfish in my opinion.

Anything parents do for their children should be selfless, this is even as they plan for their own future as a factor of safety. I am sure that this way, a thing like this will not be happening. The nature of many countries is so disappointing now, but still, parents continue to do this because it is our natural responsibility. We should only be wise in dispensing it, everything must be done with budget and plan.
127  Economy / Reputation / Re: need a solution for the bad trust points on: June 26, 2024, 08:12:24 AM
Your account has just 16 posts and 16 activities. Not that you are banned in a way that you can evade ban with new account. You can create a new account is my advice but do not use it to request for a loan or to do anything stupid that can get you another red trust.

If you have no reputation yet on this forum or you just come with a new account seeking for a loan without no collateral, people see it as a way to scam and which can lead to what happened to your account. Obviously, it is a way to scam.
For me, I think DTs should take it easy and not waste their energy on an account like this. As you said, summarily, the account is still worthless, it cost the guy nothing to open another one pretty fast, so what use is that to the forum if not becomes one of the dumped accounts that litres the forum?

Every new user may not know how it works here, and upon checking the tags as well, I discovered that only a DT has the caption that makes sense, it's the one which includes that the guy was persistent about it. This persistence could be vexing indeed.
128  Economy / Scam Accusations / Re: Account wiped with $64k on Rollbit.com on: June 26, 2024, 07:48:58 AM
I called them up and they said they would be emailing me the same confirmation, in the meantime I leave another confirmation I got from another support member in the chat (he mentioned chat communication can be considered as official).
Please see below screenshots of the communication with Vodafone (my phone supplier). It is in Spanish but they say that you are a sign a local IP (Spanish) when roaming data abroad. (see as well the copied text in Spanish)

-snip

I also asked for an email to be sent to me to confirm this, but she said that it was not necessary (or that they ever to this). If needed, I could probably phone them up and get them to issue me an official statement?
I've started reading from the main OP and I can say I am not surprised at all, this is not the first time that casinos have looked for pretences like this to steal people's money. It's usually the case of a double account or VPN violation, but now, it is a roaming problem. When does roaming becomes an issue, after all, it will never indicate a VPN but local access and it is never by force to use the ISP of the country you live in especially if you are used to the one you have back home or is cheaper. Can't someone travel across the globe and still register with them with a country? This is absurd and annoying, another reason why casinos should be strictly regulated. If they are truly regulated, this kind of cheating will stop as they will not dare to allow themselves to be reported for a clear case of cheating like this.

As it is, it is obvious that your contact can do nothing as she will only tell you what the management wants you to know, her hands must be tied. All you can do is start calling them out on the internet or find a lawyer in the country they run their operation from, like the headquarters. But be sure of this as many of them hide where they truly are to make the jurisdiction difficult for a lawsuit. Just keep the little evidence and conversation you have for this purpose. I believe when they see your lawyer's letter, they will do something. And if they prove stubborn, head to court and still let them pay for the legal fees. Also, weak or not, let your lawyer copy their supposed regulator. Casinos often get away with this since people do not know what to do and the governments are doing nothing about it. Even if you violate their terms and conditions, they should at least send your money to you before terminating your account.
129  Economy / Trading Discussion / Re: This psychology hack helped me become a profitable trader on: June 26, 2024, 07:21:52 AM
As a trader, it's not good to rely solely on trading as your only source of income. Why? Depending solely on trading puts immense pressure on you to meet monthly bills. The consequence? You may find yourself taking unnecessary and low-quality trades.

However, when you have another or multiple other sources of income alongside trading, you can stay relaxed and have the mental comfort needed to make quality decisions. For example, you can be a trader and be a Bitcoin miner.

Do you have another trading psychology tip to share with me?
This is a good one, but it is not applicable to all. Fine, it is not so wise to be engaging in a risky business like trading and depend solely on it, but that is applicable solely to those who just started it or have not been making consistent profits from it. However, there are good traders too, but they would have attained some sustainable level with it before relying that much on it. If a trader has been trading successfully for a year or two, such would have built some kind of confidence to rely on it. Nevertheless, I often advise this kind of trader to tread carefully, they should diversify as trading could be so challenging at times or something bad could happen especially on the brokers' side that could happen through cheating or insolvency.

I've lived long enough in the world of trading and investment to experience a lot that is happening in the market. Though it is well regulated but it is a business, and for this, business circumstances could happen to it as well.

As for other psychological tips required, another important one that is similar to yours is to invest the money that is affordable to lose for the trader, otherwise, it affects the trader's psychology seriously. Even at that, the trader should maintain low-risk trading so that it will not affect his psychology. And despite being disciplined, there is what we call "determination" as well, without it, the discipline can't be effective, this, I know is good for the psychology of any trader.
130  Economy / Speculation / Re: Today more BTC were sold than MtGox will pay out in July ... on: June 26, 2024, 06:26:13 AM
-snip-
Draw your own conclusions Smiley
I am not surprised, I've always known that people often hype the market situation than it is, but at the same time, the reason for the current selling is more than any single scope. If solely I should draw the conclusion from what you explained, it is just something that is insignificant. Let's assume that a $9B would be moved out of Bitcoin, and so? Many more volumes are often moved in and out in many days of ordinary trading activities, so this can't hurt anything ordinarily. But still, the market does not view everything the way you do at times, this is why, at times, a mere rumour could move the market significantly, while true news with even more devastating data may move it less, the market is funny.

This is where market psychology comes into play and it works in relation to the market sentiments. Now, the current market sentiment is extremely bearish, so the implication is that the news that would have had an impact of $9B may end up having an impact of over $45B or more. This is the way the market works.

It is just like the vehicle in a sloppy position, only a finger push could make it move so much, something that can't ordinarily happen if it was positioned differently. I hope you under this!
131  Alternate cryptocurrencies / Altcoin Discussion / Re: Over 100 million players on Hamster Kombat 🤯 on: June 26, 2024, 06:00:45 AM
Based on their current telegram posts recently they already reached 150m active players but I don't think those are real players I think most of them are bots who do autoclickers.

I saw some tools on Github for hamster kombat bot that can able to handle 10 accounts which is unfair if you only have a single account.

About notcoin I was interested before because it became popular until I heard that the airdrop is real that is why I started a week ago to play hamster combat and hoping that it's real I also heard that the airdrop will start in July based on their announcement that build my confidence.

The only thing that I noticed is a day or 2 days ago one of their YouTube video said that hamster kombat is just a game and not a real crypto I can't remember exactly it say but it gives negative impact to me.
I don't know the reason why, but my mind was just off about the Hamster Kombat CEO of a thing. I am trying the Tapsaw whether it can deliver something for me no matter how little, only to read an interview last week that the launching has been postponed indefinitely, and this was the second time it was postponed. It was first postponed from May 30 to July 1 and now indefinitely. This can only be pointing to one thing, these people are not serious.

Good, I better trust Tapswap than Hamster and many others but all of them are still copying Notcoin. The question now is whether they can replicate the success of Notcoin or not. But to them, it is a win-win, you can imagine how many people marketing under their big social media influences now? It is money. Some people are even donating for them and some are using some schemes to collect money in TON from their users.

To me, this is more like a way to gain some marketing influence rather than the airdrop that people think, they may just be using people's heads to achieve this. As we know, in a scheme like this, only the first or the second of their likes often push through. Well, let's not give up all hope yet.
132  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Altcoins to invest right now on: June 26, 2024, 05:37:35 AM
My opinion

  • ETH
    SOL
    ONDO
    MANTA
    AERO
    ZRO
    ATOM
    NEAR
Altcoins can be so profitable but the profits will always come under certain conditions. Lately, I discovered that we should not only look for the best altcoins to invest in but also be fervent in monitoring the progress of our coins, and their woes. If not, altcoins will run the investor down. This is to put it to the main OP and you who are listing these coins/tokens to keep the right watch, that is my late resolve about cryptocurrency with these days' behaviours, unlike how many investors will just be buying and buying but are being careless about the monitoring.

Nevertheless, I can agree with some of the ones you listed above as good, and even though I know all, I stopped giving relevance to some of them over time, altcoins are too many to keep track of them all. However, one coin I will not think of at all in this list simply because it will behave like Bitcoin is Ethereum. I do not see much gains in the investment of Ethereum unless you want to trade it on the futures market. Regardless, altcoins like SOL, ONDO, and NEAR will always be my picks in a list like this.
133  Economy / Trading Discussion / Re: Why do traders lose money in trading? on: June 26, 2024, 05:08:26 AM
I don't believe traders can completely avoid losses; it's all about having strategies to minimize them. Human psychology, particularly greed and the desire for more profit, is a significant factor. Controlling these emotions is challenging unless you have strong emotional management around money. Experience benefits everyone in business, regardless of the field
It baffles me today that some people online would be advocating a 100% winning strategy, what a heck!!! And to make matters worse, some gullible people would believe this and will invest massively in such, but in the end, they will lose all their money. This can only be possible with either the people lack trading knowledge and exposure or they are merely unwise. Because even if someone advertises a thing like that to you, why don't you use your brain to think whether it's possible or not?

That said, though traders can't entirely avoid losses, they can put them under check to the extent that they may still have 95% winning. You might also be wondering if that is not too high, yes, to most, it is too high, but to some few, it is not. The beauty of their trading is to have a very good strategy and trade when all confirmation are checked. If such traders also have viable management and psychology, I am certain that trading will be too easy for them.
134  Bitcoin / Bitcoin Discussion / Re: I am begining on a short term investment. on: June 26, 2024, 04:50:51 AM
As a beginner to this bitcoin market, I have understood that long term investing and holding is most beneficial to investors that short term holding.
But I being a beginner, I might not be affordable to hold too long because I have read about investors holding their coins for over 4 years.
Although I might be reprogrammed to long term investment in the future but I need to be practically convinced in reality based on what the market hold for Investors on long term and short terms.
As being speculated of all cryptocurrencies, they are all volatile so I am set to take my profits whenever I can and then the outcome potentials while I am Investing in this bitcoin industry would determine if I will have to hold for long. I don't think I will listen to all that advices of holding longer. We are only here to make profits and face our today's challenges and also prepares for future challenges. So I don't think that investors on the short term goals are at the wrong side because the Speculation of long term holding is excessively making it feel like short term Investors are on the wrong decision
Let me say you sounded smarter than most people I've read their post on this kind of discussion, and despite just starting in the crypto world, it's highly possible you've had some experience with investments to make you know these and face the reality. What struck me most and which I had iterated many times on the forum is the fact that it's money/profits we are after and not something else. But people here mostly take things personally, which has not been yielding lately like before. No doubt, Bitcoin has had a very good start, but it may not continue like this anymore, especially when it is now acting maturely like other assets in the financial market, and has been better controlled by institutional management unlike before.

This calls for a restructure of mind and view about it and not particularly about holding for too long again. There is nothing wrong in holding it though but for those retail investors who want to maximize their earnings, I don't think it is a smart idea to do so for now judging by its recent reality. It's time to admit that past glory can't determine future outcomes, change is what is most inevitable in this world. So, if it is the short-term investment that suits you, my friend, please go for it, after all, it is the best practice to earn with the recent behaviour of Bitcoin.
135  Economy / Exchanges / Re: What if Most Centralized Exchanges are Banned? on: June 25, 2024, 05:44:24 PM
Some countries already blame crypto for their economic woes. We saw this with the harassment of some crypto executives and even jail terms for some. What will happen to Bitcoin and other cryptocurrencies if most countries ban centralized exchanges? What steps are the crypto enthusiasts taking to preempt this?
I suppose you are referring to Nigeria, that's the only country I know that has all the pictures you painted above. Well, the Nigerian government acted immaturely and they've always been in the business of blaming everything possible for their woes, they like to shift the blame instead of finding the right and lasting solution.

With their illegal detention of the Binance executive, they've now dropped the charges against them due to the intervention of the US government because the detention is baseless and can only happen in Nigeria. For these, I don't see it as any basis to fear the clamp down on crypto exchanges.

As for the question, it is no threat if countries of the world ban CEX, people will of course turn to DEX. Also, there will be other means to transact in Bitcoin like in Telegram and on other social media. But one needs to be very careful in these extra arrangements.
136  Alternate cryptocurrencies / Altcoin Discussion / Re: ONDO - inflation on: June 25, 2024, 03:42:51 PM
Do you think ONDO as number 1 RWA-Token is worth long term? Or will the inflation be too high?
I have never given time to study ONDO since it was listed and the reason is partly because it is the namesake of a state in my country (Ondo state), which doesn't make me take it seriously, to be honest. This is despite seeing the brilliant performance of the token over time, although I can only appreciate that after it did it, I wouldn't have given it a thought, to be honest, so I would have still missed it.

But seeing you mentioning that it is the number 1 RWA-Token made me do some quick research about it, and in summary, ONDO is worth buying. It is such a token that is worth purchasing and holding for decades like Bitcoin, but to avoid the bearish season issue, you can divest in the H1 or H2 of 2025 to repurchase when the bearish season is over and continue to repeat it like that.

Also, the market cap is still small, so the risk is not so high for this good project.
137  Economy / Speculation / Re: Will Bitcoin's price surpass $100,000 by the end of 2025? on: June 25, 2024, 01:39:56 PM
snip-
Will Bitcoin reach $100,000 by 2025?
At this point, I don't know. If not for the belief that I had gathered on Bitcointalk, I would have outrightly said No. But giving Bitcoin the benefit of the doubt is why I'm still neutral on this matter. If it were to be at the beginning of 2023, I would have answered yes, this is because I've let what I read here slightly cloud what I know in investment, most importantly my judgment, but I think I have to switch to the reality of the day in which all assets must also agree with as Bitcoin can't be acting in isolation in terms of the market behaviour. Bitcoin can't be moving so incredibly higher and higher all the time, where will it even fetch the liquidity from always? The liquidity issue is why we are experiencing the current bearish outlook that is now strongly threatening the overall bullish trend of this bullish season.

My worst fear now is Bitcoin breaching the weekly chart's MagicTrend support at $62,777 this week, a level it has never breached since October last year (not the price but the line). Breaching it this week and having a weekly close below it can't be a light issue. Nonetheless, Bitcoin may still overcome all these challenges, and if it did, do you think there will still be huge fresh capital inflow even when it is high in price? Those who would have been encouraged to invest in it would have invested before now, they can't wait till it is as expensive as this.

Above all, I will continue to let my chart guide me and stop being a blind follower.
138  Other / Meta / Re: Merit sources can join casino campaigns, it's a choice on: June 25, 2024, 01:19:00 PM
Hi all, I actually don't know how many merit sources exists in the forum and what activities mostly interests them. But I'm sure I've seen threads with complaints regarding the gambling section lacking merit sources. Which simply means that accounts assigned to share merits don't lurk around that board. Looking at it, I thought of this occurrence being the choice of the merit sources as they don't want to read or share posts in that board. If they were interested they would have joined campaigns that promote gambling. You know what that means? They'll probably have to post there. In a nutshell, disturbing the admins of this forum to send such people to the board is good, but from my perspective it's their choice not to be there. Gambling campaigns would have been the easiest way of getting some members in the merit distributing category to the gambling section, but a lot of them avoids it too. Hence such a collaborative choice, as it may seem, definitely has reason. What could that be?
Well, I did just say that you are not far from the truth, if actually all that you said isnt the exact truth.
I personally don't understand the rules that goes with being a merit source, whether they are restricted from sharing or sending merits to posts in some board, I can't really tell but if this be the case, then I guess it's not really their fault neglecting the gambling board, since from what I know, the gambling board seems not to have any merit source dedicated to it.

But in a situation where the merit sources are at liberty of sending merits to posts from any board of their choice (doest matter if they applied to be a merit source in a local board, bitcoin board etc), then it's completely their decision to neglect the gambling, and this is because most of them believe that no good posts are being made in that board aside spam, which totally is incorrect.
Meriting a section of the forum has never been resisted in my opinion, at least not by any rule and no one would say you should not merit a certain section being a merit source even if you were granted the status for a different section during the application. All I see here is a practice that has had a solid root, which is fine. But one thing that is certain is that there are many posts in the gambling section that are multiple times better than the posts they merit elsewhere when it comes to construction and meaning.

That section is merely stereotyped by many, and as you know, what others are doing, many others would follow, it is just a trend. Had it been you see the huge voices on the forum meriting well at that section, you will see many others doing that's well. This is why I conclude that it is not natural but a copied practice.
139  Economy / Economics / Re: Can BRICS topple US' economic power? on: June 25, 2024, 12:46:46 PM
I've talked about BRICS many times in the past on this forum and my stance about their dominance will never change as it is a rebellious formation that is not founded on solid ground. Whether those countries joining like it or not, a little disagreement over time will scatter them, and the reason is that the foundation is soft which was built on the vendetta and the power-shifting attempt by China and Russia with the help of India and Brazil that introduced it. However, the conversion of a new nation has been so little judging by its current status of 9 members since 2006 (almost 2 decades) that it was formed. If continued like this tempo, those who formed it would have died and the true intention of forming it might have died with them before it could achieve its aim.

Frankly, I have never seen anything serious about this union, and you can imagine, for it to continue to hold, members like Russia and China are still classifying themselves as developing nations. And truly, they found the right excuses to be termed developing nations despite the reality of what they are. This even got me wondering if there is a true definition that can truly distinguish between developed nations and developing ones. The best classification in my observation can only be a developed and underdeveloped nation to be fair.

They only saw an opportunity and cajoled some countries to join them especially those who also did not like the US or just wanted the US dominance to reduce. Well, there is nothing bad about that, but still, the leadership of the US is what stabilises the world to this level. Let the power shift to the likes of Russia and China and everyone will feel the heat.
140  Economy / Economics / Re: The Higher the capital the higher the returns on: June 25, 2024, 12:23:48 PM
This is a well-known fact and it is the secret of most of the rich guys you see or read about, it is not that they are super in thinking or are harder workers the way many people think but it's because they have the leverage that most people do not have, which is the adequate funding and the ability to buy people's brain to increase their productivity. This is why I do not look down on anyone who finds it difficult to be rich having tried enough, they may not be privileged to have access to the needed money.

Don't chase bigger returns, chase more capital. This is also applicable to How much you invest in Bitcoin and how much profit you can get from it.
Well, if I may ask, how do you get the bigger capital when you do not have it? This is why you see people chasing the bigger return. But as true as your advice is, it is still possible to chase the bigger return, but systematically. For instance, if you want to trade Gold with a broker and dream of using 1 lot size (10x) despite having $250 in your trading account. Fine, your dream is to get there, but you don't just risk the whole $250 to get there immediately, that is suicidal.

You might start with a small risk and continue to accumulate your gains and manage your account to success. Over time, if you are a good trader, in about 6 months, you might be using that lot size comfortably. That is the only smart way I can think of because if you never chase the goal, you may never get there since the capital will not fall from heaven.
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