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1961  Economy / Gambling discussion / Re: A Nigerian Father Rejects Son's Gambling Win on: May 26, 2023, 11:22:03 AM
That is also the possibility that the father don't trust his child as he thinks that it came from illegal things and not on gambling
It can be traced. I mean the betting sites, the amount won and how he won the high amount of money can be traced. If it is online, it can be traced. If it is offline, using betting agent, it can also be traced. So I do not think his father rejected the money becusee he did not trust the child. Even if he has a kind of child that do steal from him, the bet won can change the whole thing.

What I thought about the matter is what I have said before, that his father may not take religion as a joke at all, and can be one of the extremists type of people. I have noticed that some Muslim fathers can do this as they are ready to oppose what their religion against.
1962  Economy / Service Discussion / Re: Wallet software on: May 26, 2023, 10:24:08 AM
Can Bitcoin be traced through Cipher Trace
They are analytic organization. They can be able to trace some transactions. But some scammers and hackers are having high technical knowledge and know how to avoid tracking.

What can make the thing easy are if the scammers or hacker uses an exchange account or if using IP address to connect to wallets.

Are you scammed or what? Why asking this question.
1963  Bitcoin / Electrum / Re: How to speed up btc transfers on: May 26, 2023, 07:26:43 AM
Not necessarily, you can send some of your coins to an exchange and you are still able to perform CPFP.
Let's assume you have 1 brc, you send 0.5 to an exchange and the remaining 0.5 will be sent to lne of your change addresses.
You as sender, can perform cpfp because some of the outputs are sent to you. All you need to do is to spend the received change with enough high fee to cover both the current and the previous transactions.
But if the transaction is sent to an exchange or to a custodial wallet in a way that it has no change address, there would be no way to create a CPFP transaction.

If the parent transaction virtual size is very high with many inputs and outputs, the fee that would be needed for the new transaction would be very high too.

If you are able to spend the unconfirmed transaction or its change address, you will be able to do CPFP.
1964  Economy / Gambling / Re: Using ToS against users normal? on: May 25, 2023, 02:46:42 PM
Changing of terms and conditions without notifying the users or gamblers is normal with online gambling websites? Then when you did something wrong or about to withdraw your money they will tell you that you don't read their terms and conditions, and you start arguing with them until you decide to read the ToS again and you find out that it's different.
Someone that register and playing on a gambling site from a restricted country is an example. Another example is someone that is using multiple accounts. Another is someone that is using VPN. Most of the rules are there, but some gamblers just do not bother to read the gambling site terms of service.

Some gambling websites consist of wicked owners that willingly plan to defraud their users using the ToS against them, or is this normal? Have such happened to anyone on this forum before?
People should try and read the terms of service. I can not answer this question because I have not gotten into such problem before, to the extent that I will not be able to withdraw from the gambling sites that I am using. Reading the terms of service is very important.
1965  Economy / Economics / Re: Which stocks to buy? on: May 25, 2023, 07:26:39 AM
When the price of bitcoin is low like this, you are thinking of the stocks to buy. If you can buy bitcoin and leave it for a year or two and not sell it, this is one of the best time to buy.

What some people do not know is that stocks too are highly volatile too.
1966  Economy / Gambling discussion / Re: Have you been threaten to stop gambling on: May 24, 2023, 02:03:16 PM
I am a good punter because I only gamble with little amount of money. But if my wife discover that, that should not lead to a threat after being a good husband that is taking care of the house financially.

But some people still make their wife to be financially supporting the house. This can happen to people like that.

The solution is to tell your wife that you will stop even if you do not stop. But people are reasonable, maybe the person is spending too much on gambling too and that is very bad.
1967  Economy / Trading Discussion / Re: How to place orders quickly on 1m intervals ? on: May 24, 2023, 01:51:11 PM


Look at what I circled in white. You can set the stop lose or take profit price before you open any position. If you do not see it on some exchanges, you have to go to settings to enable it.

It will take some secons, less than a minute to also set the stop loss or take profit price after you have opened a position. Probably you are a newbie and not yet use to it.
1968  Economy / Gambling discussion / Re: Which Crypto coin Do You Gamble with the Most? on: May 24, 2023, 01:30:16 PM
After a very massive bear market like when bitcoin got to $16000 and now, I prefer to use bitcoin to gamble. But I still also prefer to use stable coins like USDT or USDC if available.

After a very long bull market, I do not gamble with bitcoin but using only stable coins.

I use altcoins like litecoin too, when the market as been very red with huge bear market.
1969  Economy / Gambling discussion / Re: A Nigerian Father Rejects Son's Gambling Win on: May 23, 2023, 06:52:51 PM
It’s the man’s choice to choose to accept the money or not, but we all know the amount won is really a big amount that’s enough to change someone’s life. If the man reject the money, i don’t have problem with that but the father shouldn’t stop the boy from spending the money and using the money for anything he want.
Muslims strictly forbids gambling according to Quran. In strictly Muslim countries, you will see their government forbidden gambling, it has not been like that in countries that Christians are. No where in Bible that directly point to gambling, but Quaran directly pointed to it to be bad. I guess the guy's father is a Muslim.
1970  Economy / Gambling discussion / Re: A Nigerian Father Rejects Son's Gambling Win on: May 23, 2023, 06:04:35 PM
The most common religion in Nigeria are Christianity and Islam. Christians takes gambling lightly if compared to Muslims. Probably the father of the boy is a Muslim.

In this way, gambling is not something bad, the boy won the money, not that he stole it.

Maybe he can send some emails, ask if someone wants the money Grin
Not the father that won the money, it is his son and I believe the son will not joke with it.
1971  Economy / Trading Discussion / Re: Other Alternatives to Borrowing Money to Start Trading on: May 23, 2023, 09:08:58 AM
If you must borrow to trade, it has to be at a stage where you are very sure of your trading, that is of course after gathering experience.
Even if you are a very good trader, you do not know when the market will be unfavourable, that is why you should not borrow money to trade. Trade with small amount of money that you are capable of using to trade.

With only $10 as a beginning capital, it will take a long time to generate a profit. There is also the risk that you will lose it and have difficulty paying. Borrowing money to trade is a bad idea because we all know how the market works and how volatile Bitcoin is.
Very bad an idea to borrow money for trading. The thinking that you borrow money will not let you trade appropriately, given the trader a bad mindset.

$10 should be for having knowledge and experience about how trading works. It is truly small for trading. But good to mention that we should trade with the amount that we are capable of losing.

I agree with the idea of selling your possessions or spending your hard-earned money to raise the necessary funds.
I can not sell my possession because of trading and I can not encourage anyone to do that either.
1972  Other / Archival / Re: Best exchanges? I've been trading on this one for 2 weeks. on: May 23, 2023, 08:53:24 AM
Im sorry but trading an altcoin gambling ? No I dont think so. Altcoins have made people millions $$, coinmarketcap reports daily volume of trades to 20.000.000$.
Trading an altcoins is not gambling per se if comparing it with visiting gambling sites and betting on casinos and matches, but people use to say it is gambling to let other people know how fast they can lose money because most altcoins are highly volatile.

The meme coins that you mentioned, it is like you were just able to buy and the coins increased in price, not that you are actually good in trading and I will advice you to withdraw some of your money because I see you lucky because no good trader will advice anyone to be trading meme coins.
1973  Bitcoin / Bitcoin Discussion / Re: effect of a million bitcoins on: May 22, 2023, 04:09:12 PM
what will be the effect on network and different technical metrics, if anyone sent 1 millions bitcoins in 1 transaction (hypothetically for now because no one have even 2% in one wallet)
Which bitcoin address have you traced to have 1 million BTC? There is none that I have heard of.

It would dump the market of course. But I doubt you could sell a 1million bitcoin in one transaction like for example on dex also with cex since the liquidity might not be enough to handle such volume.  This could be done in series of transactions but are you implying that Satoshi would sell his bitcoin in 1 swoop? I doubt it.
What if the person send bitcoin from a noncustodial wallet to another noncustodial wallet? If traced to an exchange is when it might lead to bear market.

The bitcoin market will turn centralized which is not possible, there will be manipulations by the giant whales in determining the bitcoin price.
It can not centralise the bitcoin market, it will only cause price drop if the person send to different exchanges and exchange the coin to fiat. But the market will survive this.

We should know that this is just not what can happen in reality, no wallet holds such huge amount of coins.  Binance which is an exchange that has highest bitcoin deposit in a cold wallet address which is not even for them but for Binance users, has 252597 BTC on the cold wallet address.
1974  Other / Archival / Re: Best exchanges? I've been trading on this one for 2 weeks. on: May 22, 2023, 01:00:24 PM
Mexc Global is a good exchange, but there are other exchanges that are having good services too. If it is no KYC exchange, there are still some too, like Kucoin.

You make profit from trading, not because of the exchanges that you you are using.

I will advice people not to trade with many altcoins because altcoins are like gambling. If they go in the direction that is not favouring you, it would be a big loss.
1975  Economy / Gambling discussion / Re: Gamblers understood the game on: May 22, 2023, 11:00:52 AM
Most altcoins investment is like gambling because many of them which are not scam are still very risky to invest on. But there are many people (ahat use to gamble by) investing the amount of money they are capable to lose but turned out to be good investment. The recent example of this coin is pepe de frog or so. There have been many of them in the past. If you are able to do research, investing is very good, but bitcoin investment is the safest among them all.


Although altcoins investment are gambling, but they are not still the same as gambling. Gambling is gambling. Investment is investment. There are still chances that investment can give better return if you make good research before investing. You should be talking about all, not only gambling. There is success in investing if you can find the right coins and tokens.
1976  Economy / Gambling discussion / Re: increased Youtube Gambling ads? on: May 21, 2023, 10:04:39 PM
Gambling ads are common when I am watching local YouTube videos. It is not new to us in my country. I believe that is how it would also be in many other countries. The YouTubers, especially the comedians are getting money from the gambling sites and also using their promo code to advertise to get more money, they see it as a lucrative means to make money as the gambling sites are playing well many of them.

Many kids and teenagers are exposed to gambling this way.
1977  Other / Archival / Re: Felt Lonely - Started to Gamble???? on: May 21, 2023, 08:24:14 AM
Your wife or girlfriend? Are you kidding us.

Two days back I felt lonely as my girlfriend was not spending time with me. She got a new boyfriend and they started to have conversation.
So there are no other girls in your country? Is that the reason your girlfriend makes you feel very sad to the extent you felt too depressed.

This gave me a lonely feel, and I don't know what to do. It was kind of frustration. This was running for a long, even I missed the campaign and got removed months back.
You are doing something wrong because your girl left you. Someone that left you and she has no usefulness at that moment again.

If someone feels lonely for anything, don't get into gambling. You have got more happy days ahead.
When I feel lonely, I get myself to do somethings that will not make me feel lonely. I can go to my friends. And continue other things that makes me money which is what that is more important to me than someone that is no more useful for me.

Gambling can not come my mind because of ex girlfriend. I can take beer though. No too much, but to feel good, relax and think better.
1978  Economy / Gambling discussion / Re: Do You Think Casinos Should Do Survey From Time To Time To Assess You. on: May 20, 2023, 11:59:34 PM
Do you think casinos should implement a survey assessment from time to time to assess gamblers if they are comfortable spending more and if they are using VPN all the time even if they allow the use of VPN.
These would be good in my opinion. But are casinos ready to do that?

If you want to deposit, no KYC. But if you want to withdraw, there is KYC. That is how casinos and most gambling sites are. But on some gambling sites, there are some articles for addicts, which they can read to help them. But help starts from discipline and if not greedy. About the use of VPN, punters should ready TOS.

But if there are pop-ups or something to fill sometimes for the safety of gamblers and for them not to take the wrong steps, it is a good thing.

I choose 'yes' which I think it is the right one to choose.
1979  Economy / Trading Discussion / Re: Other Alternatives to Borrowing Money to Start Trading on: May 20, 2023, 04:03:47 PM
It is not easy to use $10 to make $100 in trading, even if you gain and include the profit in the next trading or position your opened. One of the disadvantages of this is that once there is loss, it would be more because the profit is included. I see this as a way to greediness and a way to lose.

If you want to trade, you have to gain and set aside your profit, or you can set aside some of your profit which you will not be using for trading.
1980  Economy / Gambling discussion / Re: A Gambling Operator Court Case on: May 20, 2023, 02:46:50 PM
What is the maximum number of bets that one can place per day, and do casinos have a system in place to identify any unusual spikes in a user's daily betting activity? Would it be regarded as a component of the casino's responsible gambling policy or as interfering in someone else's affairs it they lock the  gambler's account?
Maybe there are rules set now, but I remember when I was still gambling, that I was gambling like 14 hours out of 24 hours daily, and both weekdays and weekends, I have not seen any gambling site that stopped me from continuing gambling even if I continue to lose that day. But on some gambling sites, you can check some helpful articles for addicts and anyone that gambling is becoming a problem to.

No gambling site or operator can make this kind of law because the more punters lose the more their gain. Only the government can make it in a way it can be effective. But what most government in most countries are looking for in gambling is how to effectively tax punters. I do not know of other countries, but in my country, you can gamble as many and as long as you can. Some countries may have gambling laws that limit punters but I have not seen such before, and what punters in such country would say is that they do not have freedom over their own money.
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