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161  Local / Nigeria (Naija) / Re: Kucoin suspended P2P in Nigeria on: May 15, 2024, 03:26:58 PM
woke up this morning and I decided to check rate as usual to see what's going on, only to my surprise, I couldn't find NGN/USDT and other trading pairs. It seems the Nigerian Security exchange commission are pushing hard and want to kill the p2p market in Nigeria. No official announcements yet but I can confirm from other people and it's not showing from their end, this is not a glitch.




They will surely comes for other exchanges.
I'm surprised they didn't make any announcement, which for me is wrong on their own side. They where suppose to send a mail to their customers in informing them about the new development, at least that's the standard.
The government of Nigeria have been seriously fighting these central exchanges on the low, for them to stop P2P transactions.
Omo e no get how them wan do, we go always improvise other means to use do our transactions. The first to remove Naira P2P on their platform was Binance, now it's Kucoin, they are literally fighting all the reputable xchanges.
162  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: May 14, 2024, 09:33:56 PM
At the moment Man City are mounting much pressure which is expected considering they have everything to lose if the game end like this or they lose. Tottenham Hotspur can do better too if only they maintain their confidence and continue pressing Man City whenever they have the chance because you have to think like Man City to be able to beat them and I feel this first half will end in a draw.
Both teams are putting almost equal pressure on each other at the moment. And Tottenham actually played beyond expectations. but when Man City makes an attack we can see that Tottenham's back line easily panics. I think Tottenham must maintain composure and continue to put the same pressure on the Man City defense. The fast attack scheme that Tottenham sometimes shows looks good, but there are still many errors such as the accuracy of failed breakthrough passes. I suspect that in the first half there will be 1 goal.
Yes Tottenham have been playing beyond expectations. They've been able to maintain goalless draw for This first half, a lot of people didn't see that coming. Though I most give it to Manchester City as they've shown dominance as usual. given the way both teams are playing, the second half is highly unpredictable. I can see a lot of arsenal fans holding their breath whenever the ball is in the Tottenham 18 yard box, this game is really a decider.
 Defensively Manchester City haven't been doing well, if Tottenham can actually come up with another playing pattern, I think they can break through the Manchester city defence line for the second half.

You are right. We didn't expect such a performance from Tottenham. Tottenham players played very well in the first half. Neither team could score in the first half. City players are under pressure due to the good performance of Tottenham players. Manchester City players can't create too many attacking opportunities.

Manchester City and Tottenham are playing very carefully in this match. I think in the second half Guardiola will make a big change in his match strategy and play completely attacking strategy. Because this is a do or die match for Manchester City. If Manchester City do not win this match, Arsenal have more chances to win the title.
You where correct with your prediction as pep guardiola actually made change in his strategy for the second half and they eventually won the game 2-0. Tottenham Hotspur couldn't maintain their initial playing pattern. Son had a one on one encounter with the Manchester city goal keeper and yet he couldn't convert that opportunity. though Tottenham tried, but they where just unlucky. Sunday is the D day as everything will come to an end. as it is right now, Manchester city have the upper hand against arsenal to win the title but who knows maybe some sort of suprise will happen.
163  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: May 14, 2024, 07:57:11 PM
At the moment Man City are mounting much pressure which is expected considering they have everything to lose if the game end like this or they lose. Tottenham Hotspur can do better too if only they maintain their confidence and continue pressing Man City whenever they have the chance because you have to think like Man City to be able to beat them and I feel this first half will end in a draw.
Both teams are putting almost equal pressure on each other at the moment. And Tottenham actually played beyond expectations. but when Man City makes an attack we can see that Tottenham's back line easily panics. I think Tottenham must maintain composure and continue to put the same pressure on the Man City defense. The fast attack scheme that Tottenham sometimes shows looks good, but there are still many errors such as the accuracy of failed breakthrough passes. I suspect that in the first half there will be 1 goal.
Yes Tottenham have been playing beyond expectations. They've been able to maintain goalless draw for This first half, a lot of people didn't see that coming. Though I most give it to Manchester City as they've shown dominance as usual. given the way both teams are playing, the second half is highly unpredictable. I can see a lot of arsenal fans holding their breath whenever the ball is in the Tottenham 18 yard box, this game is really a decider.
 Defensively Manchester City haven't been doing well, if Tottenham can actually come up with another playing pattern, I think they can break through the Manchester city defence line for the second half.
164  Other / Beginners & Help / Re: As newbies we should know the significant risk in trading on: May 14, 2024, 07:25:07 PM
As newbies there are lots of things we need to know and work along with. As a newbie, it is expected that one must realize that trading comes with significant risk which can lead to loss of income or finance. Therefore in order not to loss money, it is important to know the risk in trading and how to avoid being prey to losing funds.
We can be on a safe side if we observe and follow these tips when trading:

- As a newbie, it is needed for one to have sufficient information, not just sufficient information but accurate information because insufficient or inaccurate information may land us to loss of finance. Having accurate information is very important so as not to loss money.

- Another important thing to know is the volatility of the market because not being able to predict price fluctuation may lead to unexpected loss of income. It is vital for a beginner to know this.

- Knowing when to buy and also when to sell Is also important because the aim of trading is to make profit, so it is advisable to know when to buy and also when to sell so as to make profit.

- Being greedy is not good when it comes to trade because greed can lead to over trading i.e excessive buying and selling of assets which can lead to loss of income but sometimes you may gain due to luck

- As newbies, we should avoid using borrowed capital in trading thou it is vice versa, we can either gain or loss. So extreme caution is needed.

- Making decisions out of emotion can cause great loss in trading. For one to gain profit in trade, he must make wise decisions without fear or greed.

It is very important to understand and know how to manage the risk involved in trading, so with proper risk management, well trading plans and proper education we can trade and make good profits.
Am open to learn, if there is any point am missing please your opinion is needed.
OP you outlined a lot of methods to follow as a trader, which if followed religiously, it will reduce loses for traders. But for a newbie, it is advisable you build your knowledge around how the market works before you even start live trading, you can demo trade or practice trade for a while till you master a certain trading pattern, because trading is not for newbies. A new should basically be learning, because a newbie can actually blow his account if his not familiar with the volatility of the market.
I've heard a lot of stories of people not succeeding with their trading activities and they stop. The truth is that, trading has to do with training and restraining of various approach on how to navigate the market. So it needs time, and that is what a newbie needs most.
165  Other / Politics & Society / Re: Gated communities are real future on: May 14, 2024, 07:10:28 PM
If things continue to move same direction then guarded area with 24/7 security cameras and guards with own Schools shops could be the future.
All those Crisis economic and wars will create more dangerous life around us.
Gated communties could be only way for living and it seems that things are not going better all the situation in middle east will couse conflicts all over the world no question about it mixed with ukraine situation and high cost of living and economic problems with mixed many other social problems don't look good and for many people gated community Will be good way and why not If you can choose nice place and you can feel relaxed.
But instead of this many people will considering place like dubai at least you dont feel like in prison you can be around people and feel safe in gated community might be less people and not much space to go around.
But more and more safe places will be demanded from people as world we live in right now people start value safety and peace of mind.
Gated communities are just for preventive measures to reduce pockets of crimes, it's not an entirely security method to forstall a full security protection in a community. If there's heavy security attack, those gates will have little or no effect to stop those attacks. Those gated communities kind of pattern worked in the 18th and the 17th century, but with modern warfare, it is practically impossible for you to stop an attack from an opponent with just barricading your residential area.
166  Economy / Economics / Re: Government always hides productive truths from the masses on: May 13, 2024, 09:32:12 PM
Most nations especially in Africa lately adopted the modern digital technological, Previously we've been in the primitive and analog system and due to the hardship and lack of standard education, we've been trying to remain ignorant over Internet facilities and its networking was untrust due to underdevelopments.
The mentality was being too poor that our government could always convince us with lies and formalities just so that we don't get to know about the advents of the modern reality world which we're in today.
The impacts of the government towards us was that we don't need to know the truth so that we don't have them questioned, they refused to comply with infrastructures to enhance and build our mental faculties because they're afraid that we might be some kind greater than they may be and that seems as threats to them.
The late enlightenments to the modern and digital world we lives today has caused us setback from venturing into the digital technology systems that's how we've also missed the opportunities to adopt in investing in the BITCOIN when it was earlier introduced. Then we had no knowledge of it and the government fed us with lies that the BITCOIN CRYPTO DIGITAL FINANCIAL TECHNOLOGY was a scam and as then, we strongly believed that the government got our back.

I can categorically say it that we all have that thought about "How possible can a currency be on visual system but can't be physically felt or hold as the fiats"?. We were mislead and wrongly influenced by the government that bitcoin developers were just in to steal our money with the digital financial technology format.
It was further a big doubt when the government was not in support of the bitcoin which we formally believed that the government was much knowledgeable than the masses but not knowing the government was specifically against it because it was a decentralized and non custodial financial system that they can not be politicized with their influence of authorities.
We actually thought the government has our back not knowing they were only being self centered for selfish interests.

If we watch today, individuals has been much creative enough to initiate variety of digital technologies, creativities and entrepreneurships with the potentials of enhancing infrastructures and contributing to both individual and national economy growths.
Time goes as we steps on engaging in discoveries, taking challenges with our unusuals factorizing on meeting with greater opportunities which at most privilege opportunities are of technologies as the world also advances with economy impacts.
Remorsefully, it's worth revealing that the government has been behind back hiding the necessities from us and we were being fooled with all that insights about bitcoin and the reasons why we were being deprived from learning about the new era ecosystem and adapting to the digital and technological world.

However, we've personally gone a long way of investing on ourselves intellectually and otherwise in discovering of new opportunities for greater incomes which the tasks of struggles has as much had us the morale to to ignore the government, move on to life in giving those areas which the government has sabotaged and criticized trial and behold, BITCOIN was one of a great event which the government never wanted us to know the true being of its development on how it could serve as alternative means to facilitate on making payments which is far better than the banking financial system that's centralized under their control and also the fact that it could enhance interpersonal financial upgrade which means it could as well serve as investment purposes with the potentials to enrichments.
The government never gave a damn about us as much as they feel unsafe if the masses could be confident, intellectually morals and self reliance to themselves.
It's obvious that the government is being jealous with the digital technology because the masses are comfortable with it due to the fact that BITCOIN is a self moderating digital assets by which numerous individuals do have their funds saved in the digital system productively holding for source of income as investment.
The governments now fights bitcoin and the cryptocurrencies in general because it's a decentralized non custodial digit system.
Since they failed in twisting the minds of the public that bitcoin was fake and scamming scheme, they've diverted to other dimension just to hinder the bitcoin investors and those vendors accepting bitcoin for payments with a allegedly claims that bitcoin is affecting the economy growth by having effect on the devaluing of the fiat.

I actually came up with this thread after I've put to considerations in researching why most of bitcoin Investors expresses their regrets of coming late to the bitcoin industry was because of the lies laideby our governments and also why the government is being against the non custodian financial system as bitcoin and the cryptocurrencies at large is because the government have in plan to economically imprison the people in the future but was unfortunate for them that one single individual known to be Satoshi Nakamoto came to deliver the world from such disasterous plans of the government to take control over treasures of the people.


OP, this is a long write up with Plethora of discussion within it. I agree with you to some extent about the fact that the African people at some point have been disenfranchised from setting information that has been going on, on the global stage. innovation and technological advancement most times comes to Africa at a later stage, however some people would say it is better late than never.  The present sanctions most government especially in Africa are throwing on cryptocurrency is basically because of the fact that they find it extremely difficult for them to use their Central Banks to control cryptocurrency, hence they decided to bring up this ideas of subtle policies that try to hinder the free flow or growth of cryptocurrency in some countries.
In as much as the government still try to hinder some of the activities of crypto enthusias, there has been a lot of African youths that have over the years built their own knowledge on cryptocurrency and other Innovations in technological advancement without the help of government. So i believe with time the knowledge so far acquired by this African youths will saturate across sub-saharan Africa.
167  Economy / Gambling discussion / Re: ⚽ Premier League 2023/2024 Discussion Thread ⚽ on: May 13, 2024, 08:55:14 PM
The match is the last hope of Arsenal for Manchester City to drop points. It's a reasonable hope, because Tottenham have a good record against Manchester City in last few seasons. Tottenham have the importance to win the match, because they still want to keep their chance to play in Champions League next season. It's certainly a deciding game where the win of Manchester City will closing them to the title.

Both of the teams are under pressure to win, Manchester City have experiences in handling this kind of pressure, while Tottenham couldn't play their best performance when they play a crucial game. Aston Villa have a chance to drop points again as they have to face Liverpool tonight. If Aston Villa win, Tottenham's chance to play in Champions League next season will finally be over.

 
Tottenham will be one of the toughest opponents for Manchester city in rest match, currently Tottenham has a very big ambition to be able to play in the Champions League next season, currently Tottenham Hotspur still has a big chance of being able to shift Aston Villa's position in the top 4 at the moment. So of course they will try to win against Manchester City, but still expecting Manchester City to draw let alone lose is of course a difficult thing because Manchester City performance is currently in pretty good form, especially after Manchester City was knocked out of the Champions League, of course they will focus their attention on the English League trophy this season.

 However, I think Arsenal shouldn't have too much hope that Tottenham will be able to beat Manchester City in that the match, because as we know so far, the rivalry that has occurred between Arsenal and Tottenham has been more in terms of prestige, so far the rivalry that has occurred between Tottenham and Arsenal Of course it is possible that make tottenham will not try seriously to achieve victory in order to maintain their prestige and also the feelings of their fans if Arsenal can win the English League this season.

Liverpool are currently winning Aston villa 3-1. this victory will certainly Push Tottenham to at least get a win against Manchester city so they could get close to the top four, if Tottenham eventually win Manchester city which is highly unlikely, they will be behind Aston villa with just one point with two games remaining. More so, if Tottenham succeed in winning those remaining two games, it will definitely land them a place in the top four at the end of the season, else Aston villa will be maintain that fourth position. So the game between Tottenham Hotspur and Manchester City is more like a war of attrition, as both teams will seriously be at loggerahead with each other.
168  Local / Nigeria (Naija) / Re: If we had higher magnitude of Crypto adoptors and Literates in our society. on: May 13, 2024, 06:51:58 PM
Bitcoin has really been a conducive source by which we can process our financial transactions via P2P without the exchange to fiats just to process with the local transaction. And boycotting the barriers by which the government stood as blockage against the citizens and the Crypto exchange by ingnoring using the centralized exchange but making our payments directly on the p2p on non custodial network would had been a good alternative for us but the problem lyes on the quantity of citizens being literates with the digital financial system because as much as I know, there are much more number crypto illiterates in the society which would be a majority aspect for us.

I think this is the weak point where the government caught us captive, they understood that there are over emphasized illiterates in our society and the government are been adamant to structure an educative and civilized society atleast that it could impact to enhance human human resources and infrastructures.
This has in time made me felt like the governments are benefiting from the illiterate being of the people knowing that they do not know the DOs and the DON'Ts and how they can be audible to be defendant.
So if major of the masses in our society has adopted bitcoin or even having a reliable knowledge about it, I don't think if the government would had gone so far opposing the peoples wills over cryptocurrencies.

It's definitely uneasy but how can we as citizens educates ourselves virally because while hoping on the government for our wellbeings, things would keep going astray.
Is there a measure to conquer this government with our decisions over cryptocurrencies? Let's share some thoughts though it could be tough or even impossible. But no offence in trial and bringing of ideals.

OP, if I can understand you very well, your saying the government have been able to weaponize illiteracy, and also they've been putting out mechanisms and barriers to block the free flow of cryptocurrency activities in the country. So you're more like asking if there is a way we can conquer the government by educating ourselves on cryptocurrency.

First of all, cryptocurrency is decentralized digital asset, that is to say government or their central Banks don't control it, don't forget that government will always look for a way to fight whatever they cannot control, so that is why you see this sort of attacks and barriers they have been putting in place against cryptocurrency recently, however this effort they are putting does not have much bearing as it is an effort in futility.

For me I think the illiteracy on cryptocurrency for Nigerians over time the numbers will reduce, because recently we've seen an upsurge of youth that are involved in tech and other innovative skills that have brewed up, so I believe with time this growth will surely enhance to mitigate the literacy level we have on crypto.
169  Economy / Gambling discussion / Re: ⚽ Premier League 2023/2024 Discussion Thread ⚽ on: May 13, 2024, 12:14:32 PM
Arsenal could have actually won by a bigger goal difference yesterday. Goal difference in general is really important for the championship indeed. In a situation with same points the final week is going to be really interesting to watch. Currently there is only a difference of three goals between Arsenal and Manchester City in the standings.

Manchester United were really desperate in that game and they are lucky about not conceding more goals. Arsenal wasted tons of opportunities. Havertz said that he would be one of the biggest Tottenham fans tomorrow.  Tongue  All Arsenal players and fans will be like that for sure.

They would have but Manchester United did not give them the privilege to score more than one goal and it was not an easy drive for them. Arsenal missed a lot of opportunities yesterday their attacks were weak and I was surprised those kinds of attacks were coming from Arsenal. Yeah,  the goal difference would have given them a good advantage against us but since it did not turn out that way, arsenal is not interested in the title because I know it is going to be a good game for us against Tottenham. For now, Arsenal is still leading with a goal difference of two, It is a strong competition between the two, and we are going to miss football season. Even though last season was not as interesting as this, from the beginning, clubs were already on fire, and when they were in the middle, the whole game changed and it was a rapid flip that happened.
You echoed my mind, Manchester United where just unlucky in terms of their inability to score, if not ordinarily Manchester United forced arsenal backwards with the way they played. No doubt about the fact that Arsenal missed a lot of chance, so did Manchester United. The goal difference was a dangerous one for arsenal because if United where able to score just one, that would have been the end of the season for the gunners in terms of the title race.
This season is a bit competitive compared to last season, but we are almost in similar situation as last season too, where Arsenal had to relinquish powers to Manchester City, and for what is worth, it's looking like history wants to repeat itself.
170  Economy / Gambling discussion / Re: ⚽ Premier League 2023/2024 Discussion Thread ⚽ on: May 12, 2024, 04:36:34 PM
This Manchester United team that has showed up today is playing a very impressive game such that Arsenal  has been put under pressure & limiting their attacking  chances, and if they played like this every weekend I don't think United would have been far back from the top four club's. Btw, if you ask me United look hungry to stop Arsenal from getting an easy 3 points that would push them closer to the EPL title but let's see how this goes...

Edit :

Arsenal found the back of the net, now we have a game on our hands...
I totally agree with you, Manchester United have been on the attacking side, putting arsenal under undue pressure, this is something I haven't seen in a while from the gunners . There is these Manchester United youngster called amad that has been dribbling incredibly from the right wing and creating little chances for united but yet they've not been able to get to the back of the net. However a lot of people believe that this is a home game and it will be ideal for united to at least get a draw. Arsenal are on the another hand a team that has known how to perfect their goal scoring pattern, they've so far maintained a 1-0 win for this first half in a game that looks as if they're struggling to get up on their feet.
171  Economy / Economics / Re: Oil producing countries experiencing hardship. on: May 11, 2024, 07:02:54 PM
Crude is one of the most valuable natural resources in the world but if you look around many oil producing states are facing serious economic challenges. Before now crude used to be valuable and made many countries wealthy but now nothing like that again. Is it that these natural resources are not enough to keep us going?

Hydro and electricity is making crude to become irrelevant that is why it is not bringing much value,  and people still depend on crude.
Crude oil and its by-product are still very much valuable in any part of the world, for any country that is facing economic challenge that has crude oil, check very well there is something behind it, Saudi Arabia and Qatar and some countries in the world that have crude oil are doing very well with it. Even as most countries want to move away from fossil engine's, the crude oil and its by-product products are still sold in the international market on a substantial amount.  Op, if you know any country in the world that have crude oil and are not doing well except for corrupt countries, please mention them to me?
172  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: May 11, 2024, 06:30:25 PM
Nottm Forest vs Chelsea

Lineups

Nottm Forest — Sels; Montiel, Boly, Murillo, Niakhaté, Aina; Gibbs-White, Yates(C), Danilo, Hudson-Odoi; Wood.

Chelsea — Petrovic; Chalobah, Thiago Silva, Badiashile, Cucurella; Caicedo, Gallagher(C); Madueke, Palmer, Mudryk; Jackson.
Forest has been handful and with an incredible play against Chelsea in the first half, for a team that is fighting itself out of relegation the result as it stands 1:1 it's a much favourable one for Nottingham Forest than it is to Chelsea. Chelsea would have to buckle up for the next 45minutrs to make sure they don't drop a point in this game to be able to have a place in the European league next season, losing a point right now can be detrimental to that.

If the game has to end with this result or Chelsea having to lose to Nottingham Forest then Newcastle, Chelsea's rival for the European places next season on the table who are sitting at the 6th position with 57pts above Chelsea with 55pts will have a much advantage of qualifying for next season.


The game has been full of mixed feelings as both teams have been on each others neck as Chelsea just made it 3-2 after a 2-2 equaliser.
The match is even more intriguing much more than i thought earlier. Nottingham forest team have been playing very well but they lack the composure to maintain a lead, for a game they've been winning 2-1, Chelsea were able to equalize and still extend their lead within 3 minutes, that shows that Nottingham forest defence lack the ability to withstand pressure, because there's this pressure that usually come from your opponent whenever you're winning,  so if you're defense line does not compose themselves very well, you will see that the opponent will immediately equalize.  that is the composure that I feel Nottingham forest don't have.
173  Local / Nigeria (Naija) / Re: Is bitcoin still stronger than stocks? on: May 11, 2024, 03:52:02 PM
Everybody has he's or her own. the main issue of cryptocurrenqcies these days can be either stable for a long period of time, or they can stay highly volatile for a long period of time. Nowadays, cryptos are more stable than stocks, but I don't think it will be a very long-lasting trend, because all traders are familiar with cryptos. this comparison can be determined only by a thorough technical analysis or a fundamental one if we talk about long-term intentions.
I don't really know how the stock market works, but I think cryptocurrency has much wider reach and is more appealing to the youths of this generation and even investors than stock. Cryptocurrency decentralized nature especially bitcoin gives it a different aura, because people will ordinarily want to invest in a sector that has value and for their investment to also increase in value for long-term as long as the volatility is not too much . As for stock i heard the volatility is on the high side and the knowledge behind it is totally different from cryptocurrency.
174  Other / Off-topic / Re: Why do people lose in gambling and still go ahead and bet more? on: May 10, 2024, 08:45:19 PM
I've a friend of mine who always complain that ever since he started gambling he haven't won a good amount, instead he'll be winning less money than what he expected but he can't stop. So I'm asking what do you suggest he should do at this case. For me I told him that he should know that gambling it's a game of risk and luck, but with the constant betting you might win the amount you've at mind someday. So what are your suggestions towards this.
If he has been winning less amount of money, then he should stop compiling games that will end up making him win little amount, for him to even win less amount, it then means he has the potential to win big, because there are thousands of people that haven't even won that little he has been winning. So my take is for him to either increase his stake given how lucky he has been in winning little amount, so a high stake will give him leverage to win big too.
Every gambler has his day, and it will come unannounced, so he should keep on keeping on because in gambling, consistency is the key.
175  Local / Nigeria (Naija) / Re: Dem Oga at the Top Talk Say Crypto Machines Fit Spoil Economy on: May 10, 2024, 04:12:34 PM
Na today I confirm say our oga dem at the top no sabi anything about crypto currency. When we talk about crypto currency, all dem sabi be say e nor good. And i nor go blame dem. The CBN governor don already say na crypto spoil our naija economy and with wetin dem don do to Binance and wetin dem dey plan do to P2P, i nor sure say light dey the end of this tunnel at all.

Make e nor be like say I dey talk too much, recently our customs intercept some items wey dem hand over to the Nigerian Army. Normally, all these kind news nor concern me, but na as dem mention say dem seize crypto mining machine na there I come put my ear down. Wetin burst my head wey make me talk say these people dey display their ignorance for the whole na say, the custom oga wey seize talk say, the cryptocurrency machine, him nor even talk say na mining maching , him say e fit cause damage to the economy.

I transrcibe that part:
Quote
...and then these are the cryptocurrency machines and their wallets they are so tiny you may think they are nothing but they can do a lot of har to the Nigerian economy...
https://x.com/AIT_Online/status/1788686059301175449

My pipo wetin we go call this one biko nu...how crypto mining machines go fit to casue harm our Naija economy abeg?

Las las sha, dem talk say anything wey person nor understand, na so e go dey fight am.
I'm not surprise, most of those custom officers are of the analogue age, a lot of them just take whatever the government says hook line and sinker without going to do research on their own, there's a narrative the CBN has painted crypto, making it seem as if is something that is absurd and can damage an economy, just imagine a situation where the custom officer is calling a hardware wallet, crypto mining machine. that tells you that he doesn't understand what crypto is all about, if not do Nigeria have the electricity to even mine crypto. The CBN is doing themselves a great disservice by running along with this negative narrative on cryptocurrency, which is why you see custom officers making a headline news of crypto mining machine which obviously means he doesn't understand what he has at hand.
176  Economy / Speculation / Re: Buy BTC sold for 16 BTC-1 mil USD on: May 10, 2024, 08:51:12 AM

The main problem in early stages will be

A lot of people knowing each other driving the price of a few specific items and creating higher prices for them… then a unknowing person buying at a to high price for a worthless piece being stuck to it… but yeah DYOR and buy what you deem worthy I guess
Actually, this is the only scheme, and not only a lot of people knowing each other, but often just only one person, acting with different wallets.
Market rigging at its bests, like good old times in traditional markets.
This does works and the target can be completely clueless on what’s been done. That’s why auctions could be a madman’s den at times. Insane prices could go for just any piece from a famous dead guy who wasn’t very good in art or have an item featured in a famous battle or been to certain places.

Then the collectioneur at heart... just collecting things they really appreciate and by buying giving things a value... Could be discussed, but by bidding and buying they set a standard for certain objects ... This also makes other pieces more valuable. Some people collecting stuff really appreciate it and they are happy with owning it and owning piece of that history. It's charming some people just are so interested that they wanna hold such specific things...
More and more searches are lunched to getting these antiques, get it dated and there it goes with the price for collectors to pick it up. You wonder why they don’t keep ot for themselves or have it as a national treasure, which goes for some antiques and the nation of origin.

Well, am not a collector so I wouldn’t know, don’t see how am supposed to be amused with having this 16BTC in an item hanging somewhere if I don’t get to make money off it although, some of these could serve a means to preserve wealth and that’s only if you can be able to resale if need arises.


That's just the point bro, if it's that's treasurable why didn't they kept it for themselves? These people knows how most of the rich thinks, and especially when the goods in question is being auctioned, they knows that their are crazy fellow out their that would just want to outbid everyone, just to prove his or her financial superiority among his or her pairs, and most times it's something that would not be useful or productive too them.

That's why I really do believe that this particular purchase is all about ego, the person that bought it just want to be among that very few people in the world who has the capacity to pull such a move, because I don't think he is going to make any tangible money out of it.
I disagree with you that is about ego, you don't cherry pick what you think is worth something to yourself and to somebody else. What you feel has value might not be seen as value to somebody else, and that is nature for you. let me even ask you, if those things you think have value where not having monetary attachment to them, whether the amount is big or small, do you think you will see those things as something of value, take for instance a diamond, which we all refer to as the precious stone, what if there is no monetary attachment to a diamond, would you still see it as something worthy of value?.
However My point is, people give monetary value to what they feel they're attached to, irrespective of what the world will think.
177  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: May 09, 2024, 09:07:59 PM
I personally am also curious about what Madrid will do when this season ends. Of course we won't know what Madrid will do in the future.
but if, for example, Mbappe comes in and becomes a Real Madrid player, it will certainly make Real Madrid stronger and it will certainly be difficult for any team next season to face Real Madrid if Mbappe becomes a Real Madrid player because Mbappe is a player mainstay in PSG.
There is nothing for Real Madrid to do in the coming season because they have just beaten Bayern Munich with a score of 2-1 meaning that the aggregate win is 4-3 for Real Madrid's victory and they deserve to enter the Champions League Final. Don't wait to see who the opponent will be.  opponents in the Final, Real Madrid have not yet made a choice or discussed what they will do next season, but they must first focus on the Final match because they have won the La Liga title and it's time to focus on the Champions League, regarding new players like me.  With the current players, Real Madrid can still rely on their strikers without having to bring Mbappe to Real Madrid.
I think if they are going to fight for the best, they will definitely need a player like Mbappe. Endrick will also join the team next year. As a young and potential attacking player, I am sure that he will fulfill his potential at Real Madrid. I'm sure he will reach the top level like Vinicius Jr. Real Madrid has already created its squad for the next 10 years.
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Well for me, so far so good for real Madrid, i think they have had a good season so far after surviving Manchester city in the champions league,  a team which in my own opinion is the only team better than real madrid judging from how they play and how they played against real Madrid but right now it is glaring clear that Real have shown their unique character by securing a place in the UCL finals after missing out last season to Manchester City. Talking about kylian Mbappé, I think he a very exceptional player who is gonna add a lot to the squad if he comes in as speculated, though I think he doesn't have much to prove because he has already done that with the French national football team and with PSG and i think he is gonna bring a lot of quality to the Madrid side if this transfer works out.
178  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: May 09, 2024, 07:49:20 PM
We should regards every single presence of competitive clubs because the chances of Manchester City and Arsenal winning the EPL are 50/50. Alot comes with varying levels and competitive strength exerted. Arsenal and Liverpool will continue to battle because there's absolutely no rest for these players. We know Spurs to be a burden for Pep Guardiola when it comes to EPL meetings. But this time around, the odds of winning belongs to Pep Guardiola and Manchester City.
For Man City, perhaps playing against Fullham and West Ham will be an easier match compared to the match against Tottenham. And yes, the only team that can give Man City difficulties in the remaining matches this season is only Tottenham. But sometimes West Ham can also surprise us. So yeah, nothing can be underestimated in the match at the end of the season. Especially Tottenham who have lost points in the last 4 matches. Of course they don't want to lose more in the remaining matches. But still Man City will be the favorite. In fact, I prefer to bet on Man City. Tottenham still has a chance to overtake Aston Villa in the standings. But the problem is that this can be done if Tottenham wins all the remaining matches and hopes that Aston Villa loses all the remaining matches.
If not for uncertainty that is attached to football, it's easy to say Manchester City will literally win those three matches remaining, even the Tottenham that is seen as a contender, they are full of inconsistencies lately.  A lot of people are already seeing it that Manchester city are the likely winners of the title, because they seem not to see the team that will stop them.

It's not possible for Tottenham to win all their remaining matches, at best they might draw against Manchester city which will still make Aston villa still ahead of them, 7 points difference is a lot of margin, so it will be safe to say Aston villa will be ahead of them not matter how the outcome might be.
179  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: May 09, 2024, 05:05:51 PM
These games are completely different. Players have different limits and while Real Madrid would be better at playing consistently over the course of a season, anything can happen on such an evening. Odds for Dortmund to win the game are around 5.0, but it is indeed hard to believe that Dortmund can win it in regular time. But see how they eliminated Atletico Madrid and PSG and of course they will need some luck, but isn't it the same for Real Madrid? Seeing the referee taking away that goal from Bayern Munich was kind of lucky. Everyone thought they would lose that game and then Manuel Neuer makes an unbelievable mistake. It is all part of the game.
Yeah the chance is still there.

We shouldn't forget in the last season, Manchester City was completely humiliate any opponents, but when they face Inter in the final match, it's actually 50/50 match and Manchester City only scored one goal.

Dortmund on other hand, is really confident after they beat PSG two times. If Dortmund can get the trophy, this would be a honor to Reus.
With the way Real Madrid played yesterday and won the match at the dying minutes to extra time, is the same way they will put up all their seriousness on the final day to make sure that they win the trophy. PSG is not as strong as Real Madrid, and it was Dortmund fate this season that they will be playing in the finals, if not PSG played better than them but they were unlucky and that is why you see that their balls was hitting the goal post in both first and second leg of the matches. That luck will not be on Dortmund side on the finals but rather it will be on R.Madrid side.
The final between Real Madrid Vs Dortmund will be an interesting game to watch, Dortmund are very fierce with their defensive pattern of play, I don't want to see them as underdog, I'm seeing them as equal contenders with Madrid, However Real Madrid shouldn't make the mistake of looking down on them, because that will be their greatest undoing. for me i see Borussia Dortmund as more of threat than Bayern Munich given the way they play.

PSG didn't make use of the opportunities they had, both from the first leg and the second, while Dortmund were using the tiniest opportunity given to them, they struggled to maintain a one goal victory in the first leg, and PSG couldn't even make an equaliser, unfortunately for PSG they still lost 2-0 at home, with so many missed opportunities to score and equalise the game.
180  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: May 08, 2024, 09:36:49 PM
Nearly half time and still 0-0. Like the 1st leg there’s not much between the two teams, a proper chess match tonight.

I wouldn’t be surprised if this goes all the way to penalties.
My friend was telling me earlier today that Madrid is going to trash Bayern Munich carelessly. I told him that it was what I thought in the first leg, but since after the first leg, I realised that this is semi finals, that any team can win. Right now it is becoming obvious to him that anything can happen. This is because the match has ended first half and there is no single goal from either team.

I must confess that this is a great first half. Even when Gnabry was substitute because of injury, I thought the momentum will drop but Davis surprised me and still kept on the momentum. Let's see what the second half has for us, but I think PK shoot out might not be in view here.
For Bayern Munich not to concede a goal against Real Madrid in Santiago Bernabeu means that Bayern Munich is pulling out a good performance, which has made it hard for Real Madrid to score easily against Bayern Munich. I thought by now Real Madrid could be leading Bayern Munich, but I am surprised to see Real Madrid finding it hard to score against Bayern Munich. I believe Real Madrid will score against Bayern Munich before the end of the match.
Alphonso Davies that came in for Gnarby when he was injured has broken the deadlock on the 68th minutes with a super strike to give Bayern the lead.

Damn it, Madrid just scored but the goal has been canceled because Nacho was holding the neck of his opponent inside the 18 yard box before the cross.

RMA 0-1 BAY
AGG  2-3
Hala Madrid!
I was afraid when Davies gave Bayern Munich the lead against Real Madrid in the 68th minute. I said to myself, how would Bayern Munich knock out Real Madrid from the semi-final to set up a final with Borussia Dortmund? But thanks to Joselu's late goals, which helped Real Madrid beat Bayern Munich 2-1 and qualify for this season's UEFA Champions League finals with Borussia Dortmund.
I had the same feelings too, the way Bayern played this particular leg really gave Madrid a tough time, when Madrid first equalised that 1-1 that was later disallowed as a foul, I felt it was over for Madrid, but then their tenacity to Push harder brought them this far, Thomas Tuchel made a mistake when he removed, Kane and some other player just to replace them with defenders when Bayern where leading that 1-0, they change actually made them to have more pressure as Kane was really helping to force the attack Madrid, thereby keeping players like Rudiger busy at the back.
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