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21  Economy / Trading Discussion / Re: Is trading checklist is very important? on: July 31, 2024, 12:49:03 PM
I've found this article...
https://www.dailyfx.com/education/find-your-trading-style/trading-checklist.html

Quote
Before entering a trade, ask yourself the following questions:
Trading Checklist
1. Is the market trending or ranging?
2. Is there a significant level of support or resistance nearby?
3. Is the trade confirmed by an indicator?
4. What is the risk to reward ratio?
5. How much capital am I risking?
6. Are there any significant economic releases that can impact the trade?
6. Am I following the trading plan?

All the above checklists are important before pulling the market trigger and I must tell you that I do all these and even more. Dailyfx is an old FX site whose information can't be taken for granted, I respect it a lot, it should be more than 2 decades in existence now. However, I would also like if they could add the point in which the trader asks himself whether he was acting based on emotion or not for psychological evaluation before confirming the trade. This is because no matter the checklists and plans you have, if emotion creeps in, your efforts will be futile.
22  Alternate cryptocurrencies / Altcoin Discussion / Re: You Can Earn More by Playing These Free Games on: July 31, 2024, 12:25:24 PM
With Bitcoin recently rebounding after months of fluctuations, surpassing the $67,000 mark, now is a great time to accumulate Satoshis (the smallest unit of Bitcoin, with 1 Bitcoin equaling 100 million Satoshis). Many “Play-to-Earn” games offer opportunities to earn Satoshis, making it easy for players to enter the world of cryptocurrency.
-snip-
Thanks for at least letting people know about these opportunities, but at the same time, I think I'm done with all these games and airdrops that are earning little money for us with huge stress and some annoying tasks attached to them. Some will never pay even as many will take almost a year (if not more) to finalise the payment, it has always been one promise over the other.

Besides, as you listed them with many attached to the ZBD wallet, don't you think something is fishy? I wonder why it must be earned and transferred to the ZBD wallet which is also an app for similar programs like games, surveys etc.
23  Economy / Speculation / Re: Trump was shot seems to be okay> What does this mean for all of us. on: July 31, 2024, 12:08:34 PM
So far though this is what we have seen, the head of the Secret Service chooses to resigned from his post because of the failure of his job. Trump speaks on the Bitcoin conference and push the price to $70k. But it was not enough to sustain that quick run and now we have defaulted back to the next big support at $66,500 and who knows what will be next next movement, whether we go full bull run or crash the market this November.
Hahaha...bro, what I mentioned was not in any defence related, the defence was faulty, so Kim Cheatle's resignation could be appropriate, but that is not the point. The point is whether Trump is sincere about the bullet wounds and the speculation of Bitcoiners around the incidents which often appears to be false. About the wound, what if a sharp object pierced him during the commotion? Many experts mentioned that as a possibility and Trump never submitted himself for an official verification, it's about him and his medical experts. Can't they cover things up? Where is the government's official report about it?

As for Bitcoin jumping higher due to Trump's speech, that is a lie, this doesn't happen all the time, except for some insignificant few moments that could be coincidental with other events. I've noticed that many of you do not understand this, the market has been a rollercoaster for a while now. What if US economic news was released at the same time he was delivering speeches? That coincidence often eludes you guys since many of you do not know where to verify the economic data. And if your points were to be valid since Trump is leading, why is Bitcoin falling presently? Maybe we should start from there.
24  Bitcoin / Bitcoin Discussion / Re: Suggest Practical Ways Someone Could Have Prevented This on: July 31, 2024, 08:34:42 AM
1. Never disclose your Bitcoin asset or its worth to anyone and make sure you only buy your Bitcoin from external sources that can never trace it to you.
What's external sources?
I'm surprised you asked this question if I must be plain with you. As the coherence of the post is, the external sources are those outside your reach, unlike your immediate circles, like friends, relatives and others. They are the ones you can do Bitcoin transactions with and will not even know you ever existed after completing it.

This is common with P2P and other exchange platforms.
25  Economy / Gambling discussion / Re: 2024 U.S. Presidential Election Bets! on: July 31, 2024, 08:09:27 AM
Those crypto forums are loud. Their passion. They're no longer a marginal group. Waves are made. I've experienced Bitcoin's power. It excites people. A movement. Movements win elections.
Bro, cool down a bit, hyping will not change anything, let's be practical and constructive, after all, I am also a fan of cryptocurrency, but what I will not do is deceive myself like many of you. No one is saying cryptocurrency is not popular or not a voice to reckon with, but I will always maintain that the percentage of its adopters in the US will still not be a deciding factor in the US election.

If Trump becomes the president today, it's certainly not the crypto mantra that delivered that to me as many factors contribute to the US president winning. These factors include cryptocurrency but the importance of it will always be lower than many other pressing factors. You can't say that 21% (the percentage of the US crypto adopters) of the US population will win the election simply because they adopt cryptocurrency.

Even among the 21%, many of them will be ineligible to vote and among those who are eligible, many may not be crypto bigots as you believed. If you do the arithmetic, you might realise that less than 10% may vote for Trump because of cryptocurrency, which is still very low to win an election.

Let's admit a constructive fact and not noise!
26  Economy / Gambling discussion / Re: Can long term rollovers work in sports betting?? on: July 31, 2024, 07:43:26 AM
-snip-
Did you even read the post of the topic or just going to be basing your replies on the topic subject?

He said that he would withdraw, So essentially, you need to put it out before using it again. I know it is about rollovers. It is hard.
Thank you for the way you pointed this out maturely, and yes I read it and my response mustn't always be in the favour of the position of the OP. My only fault is that I never acknowledged you were right with your former replies because the compounding was in my head. And just as the OP concluded in his post, he was open to the view of people about it and my view is that we should not be afraid to compound (what he mistaken for rollover).

For me, it's emotional and not cost-effective to withdraw our money every time we win, it shows our weak minds and lack of preparedness for gambling in the first place. Also, compounding has its advantages as I compound my earnings every time and it has helped me to better work on my gambling psychology as nothing is aggressive in my gambling anymore since my mind is not on the money like before.
27  Economy / Economics / Re: Is labour wealth? on: July 31, 2024, 07:20:16 AM
Labour for me is human productive effort towards achieving set target.To answer the question, labour may be wealth, in the sense that when others labour while you fold your harms and watch from where will the wealth come from? Wealth creation cannot be separated from human effort  both mental and  physical.
No, you are wrong! The difference is that good labour may earn you wealth, especially if you know how to manage your life correctly, but labour can not automatically deliver wealth to you. Look around you, is it everyone who is hard-working is wealthy? Do some even earn enough to have anything reasonable to save?

Wealth and financial freedom work hand in hand and it is until you have enough to the point that you are no longer worrying again about the future that you are wealthy. Can all labourers say the same? That shows they are not the same. Also, some people will continue to amass wealth for themselves while you continue to labour for them unsatisfied financially. You can see that the equation is not balanced.
I would assume that even if it requires a lot of people to labour with you, you still have to labour. When people talk about "labour", most think about like factory workers or something, but in reality even Elon Musk or Jeff Bezos provided labour for their company, even if all you do is go out and find some investors, while others work for you, even if you make some network, or find banks, or sign on some new documents, you do not have to just go out to the factor floor and do something, a boss, an owner is still providing some labour for the company, they are not at home sleeping while others are working.
The issue I have with most users replying to my posts is that they do not read to understand, what you are dragging has already been covered in the first paragraph if you can read it insightfully. No one is saying you should not labour, and of course, if you did not labour, how do you earn? But I was saying that labour will never "guarantee" wealth as there are successful and unsuccessful labour, while smart work crowns it all to make wealth.

Take the forum as the simplest example, some users put in their best efforts but never earn as much as the merits earned by many who did lower than them. Didn't they labour more with less result and didn't those favoured laboured less but with a better result? This is practical and is the same in real life, it is not about how smart, intelligent or hard-working you are, you may put all your efforts into it and still achieve a little in your entire life. This can only mean that it's not all labour that brings wealth, but the smart and productive ones may bring wealth. And how labour is being productive is left to you (labour), your fate and luck, not the labour alone.
28  Economy / Gambling / Re: Best Crypto Casinos! on: July 31, 2024, 06:54:46 AM
I don't get you, did you mean that there could be a betting condition where you will use your own money and still be tied to a difficult condition of 5x before you can withdraw? If that is the case, then it's so absurd but I've not seen a thing like that in my gambling experience.
It's not absurd, most casinos have their wagering requirements before you are able to withdraw and that's a normal thing as they're setting rules for their own platform.
No one is saying casinos do not have their requirements and this can even be different from the generally known ones at times, but still, what you view as not absurd is actually absurd to me, casinos can't be treating me unfairly with bad conditions and expect me to stay when I have an alternative that will treat me better. And in case you did not understand it well, this is not about a bonus requirement but your own money. It's insane to wager x5 of my money before I can withdraw it and I wonder why you think it's normal in this competitive world.

I've experienced worse than that with some bonus requirements, which is fine, but it's also the reason I do not give in to bonuses anymore. My real money has to come with some respect because it's not free and this is why I take my time these days to read the Ts&Cs of casinos before dealing with them.
29  Economy / Gambling / Re: tell me the best online casino on: July 31, 2024, 06:33:46 AM

You are making a good point, at the same time, we should not complicate it too much in our time of choosing. In my experience, gamblers should easily know that the best gambling services mostly come from long-standing casinos, especially those that are rich with a huge customer base and are well-capitalised. Their intro, UX and UI would have also spoken much of preparedness to you unlike the many starters and small ones that will keep you in doubt from the beginning. They (well-established ones) are not 100% trusted but you will hardly go wrong with them for they speak repute. Again, if such casinos have little complaint online, they would have nailed it already. That's the way I choose my casinos and not a kind of random advertisement where you will not know who is who but just littering advert traffic all over the internet.
Choosing a long operating casino's may not be the safest thing to do when choosing a casino to gamble on, because we have some casino's that have a bad reputation but yet have a long existence history take example from 1xbits their have long standing record of operating the casino and very popular but even at that, 1xbit still remains a scam casino with very bad reputation only to those who have been a victim or educated about their selectively scamming victims.
You made me smile when I was reading your post as it has already been covered by what you replied to in my previous post above. As seen with the lines I highlighted, you would realise that I never stopped at using the long years of the casino as an entire factor to accept them, but one of the factors even as I added some other factors and also emphasised that they can't be trusted 100% simply because they've been operated for long.

Nevertheless, the long years of existence of casinos is a very good criterion we should not take for granted regardless of the few bad ones among them like the 1xbit you quoted. We can quote the likes of Stake as the best example in this context, and such a long-standing casino factor has helped me to avoid being scammed in the gambling world. So, I am never going to advise people against what I do and let them suffer the fate most gamblers suffer in the hands of new casinos.
30  Economy / Trading Discussion / Re: Automating P2P Trading: Your Experience and Advice on: July 30, 2024, 11:23:51 AM
Key questions for discussion:
1. Which fiat currency do you use most often for trading?
2. What problems do you encounter when trading on P2P?
3. What features and tools do you find most useful for automating the trading process?
4. What security and data protection measures do you consider essential?
5. What experience do you have with P2P bots or automated tools?
6. What criteria do you use when choosing bots or other trading tools?

1. I use USDT in my P2P fiat transactions.

2. The only problem is the delay in transaction, while some buyers might even cancel the order without stating any reason, or let it waste your time when the order will be cancelled automatically after running its time. Also, I've recorded about 3 instances of potential fraud attempts, I hope some measures can be stringent to avoid it from happening.

3. I don't know what you mean by that because automation is a different ballgame as P2P known for now is not automated, except you opt for the direct exchange service.

4. As usual, password, pin, fingerprint and 2FA.

5. I've not tried the bot service and I won't consider it.

6. Refer to 5.
31  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a Retirement Bet on: July 30, 2024, 10:16:22 AM
Bitcoin is gaining a lot of popularity and there are people considering it as a retirement investment. How good is this?
No doubt Bitcoin is making the wave around, but one thing certain is that the future is never certain, so we should be cautious. No one has been there before, who knows if Bitcoin will not exist in the next 5 decades, why bet your future on a new thing like that? As for me, it is a matter of enjoying it while it lasts even as I trade it on futures and HODL it cautiously in my wallet. I will continue to let my actions about Bitcoin be a matter of real-time decisions by letting it reflect what my trading chart predicts.

Many things have been said of Bitcoin including the hedge against inflation but the reality today is getting different from what it was about 10 years ago, for instance. It is becoming difficult for it to hedge inflation at higher prices, so who knows what it can do to your money in the future, especially if you solely rely on it? I advise you to diversify your future investment plans and never rely only on any asset.
32  Economy / Speculation / Re: Trump was shot seems to be okay> What does this mean for all of us. on: July 30, 2024, 08:12:09 AM
Trump got shot in neck or face he seemed okay just a flesh wound.

Was it a real assignation attempt?

Was it faked?

What will world reaction be?

Will btc crash bigly?

Will markets crash bigly?
I wish Trump the fake crypto guy a quick recovery. However, no one can deny that there was mayhem, and whether it was directed at him or not, there was an undeniable attempt at people's lives. We can't call what was captured in various live videos fake, but claiming it was directed to him could be fake, and so is the claim that the wound he sustained was from the bullet.

Above all, there have been mixed reactions to this, so the world is divided about it and and so will the market. By virtue, Bitcoin will not even regard Trump's ordeal for any reason. It's you guys who place too much relevance on this guy in relation to the crypto market, not the market itself.
33  Economy / Economics / Re: Will AI taking people jobs and make the world worse? on: July 30, 2024, 07:01:59 AM
I saw a video on my social media there's a restaurant that using AI and almost 100% automated, I thought it's a new video, but actually it has been around for six months.

If this trend keep continue, what the world would be? many people will become unemployed and not all people can become engineers. Middle class people will become poor as they don't get decent jobs, will we see a big revolution that the poor to clash against the rich?

I'm not sure if this happen in your country or not, but in my country most companies don't want to make their employees become permanent workers anymore, they only want contract workers because the companies don't have to give compensation to fired contract workers.
The world governments are not foolish, they understand the importance of labour to the economy, and they often call world meetings due to the context here so that it will be moderated and regulated. The snatching of the labour force started many years ago unsuspected and one of these is ATM snatching it. Though ATM machines have better productivity than humans and can work 24 hours too, it still reduces the staff of banks whether we like it or not.

Initially, you might see at least 10 bank tellers in a roll in most banks in my country, but now, you may only see 3 or 4 active ones because the ATM has silently taken the job. If allowed to continue in many other sectors, truly, people will revolt as a "hungry man is an angry man." This, the government will not allow to happen as human lives and standard of living are more precious than that of robots and AIs.
34  Alternate cryptocurrencies / Altcoin Discussion / Re: Investing wisely in memecoins can give you returns. on: July 30, 2024, 06:33:08 AM
I don't know if you guys noticed, but I can feel this is memecoin season already. X (formerly Twitter) is filled with tons of memecoins. I know what you are thinking, like how am I supposed to research which one is good or bad so I could invest?

This is where the research comes in. If you do research and put in the effort, you can basically find a gem that's worth investing in.
I can never condemn meme coins, but I advise you to be very careful about them, especially the too many that are flooding Telegram and X. Those two platforms are the most susceptible means of attracting people, but I tell you, good projects often come first, the rest could be rubbish. Except that a few good projects may still creep into them over time which is why we do not relent, but let's be vigilant, especially with the new meme coins on Solana and TON ecosystem, they are beyond the regulation of the blockchain developers.

This advice is important since meme coins are the talk of the town, but they are also becoming problematic just like many failed and scamming airdrops. This is why the research you claimed you are doing must be thorough to help you, you also need luck to back you up on this as many had fallen victim despite the much research they did, nothing is perfect here.
35  Bitcoin / Bitcoin Discussion / Re: Suggest Practical Ways Someone Could Have Prevented This on: July 30, 2024, 06:06:36 AM
This guy was kidnapped in Kyiv, forced to transfer all his BTC and murdered. What could he have done to prevent this?

https://unn.ua/news/u-kyievi-vykraly-ta-vbyly-inozemtsia-zarady-bitkoiniv-na-miliony-hryven-politsiia
I feel sorry for this guy, RIP! But this continues to be a lesson for those who believe they can be flaunting their wealth, especially the digital assets like cryptocurrency that is decentralised, the danger of robbing them or even killing them is high. Thanks to the CCTV camera that captured the perpetrators, it could have been untraceable in some environments, so we should be private with them even as Bitcoin preaches privacy and anonymity.

Practically as you asked, I have these few tips;

1. Never disclose your Bitcoin asset or its worth to anyone and make sure you only buy your Bitcoin from external sources that can never trace it to you.

2. If you make the mistake of being traced and have a huge number of Bitcoins in your wallet, I advise you to mix them and send them to a self-custody wallet afterwards.

3. Show restraints when Bitcoin discussion is mentioned in public, and even among friends, the enthusiasts and lousy mouths will always be the number one target.

4. Do not have Bitcoin wallets installed on the gadgets you take to public places if you have a huge value of it in them as anyone may be a victim of robbers and unforeseen circumstances at times. Checking your phone alone could put you in trouble as cryptocurrency is the aim of some evil-doers now.
36  Economy / Gambling discussion / Re: Should I quit playing slots? on: July 30, 2024, 05:35:25 AM
It is true that no of us want to be seeing loses when we bet but we'll have to keep seeing it as normality. There are bad days and good days we ought to take those days seriously working on ourselves or doing things that will increase our mental health. It is good we try to take a rest when we lost bets without panicking for too look. Days like a bad days when we lose bets is meant to make us stronger not to weaken us to a level when we could become desperate to win the lost funds  by playing for too long with the intention to get our money back.
Revenging has never meant well for any gambler, it is emotional and emotion they say is weakness, so why entertaining weakness? Gamblers might preach from now to tomorrow on this context but what I will advise is for them to make a solution immediately and have their gambling system and plans before they start the activity. They need this to prepare for the emotions that could infest them and must ensure that they are disciplined and determined around gambling. Otherwise, their gambling psychology will always fail them. Having a gambling system and plans means that you know your strategy, the budget and the timing, and if you can thoroughly adhere to them, there is no way gambling can be an issue to the point of either being greedy or trying to revenge which can later cause huge problems.
37  Economy / Gambling / Re: BC Game account locked. on: July 30, 2024, 05:17:59 AM
Hey guys i check these forums periodically, never post or anything on here. but i had seen someone else make a post that was put in the same situation as me at bc.game. now i was a regular cusomer, over 1m wagered on their platform & was active regular in the chat. i was banned like the post that was made here by someone else.

i dont like bad mouthing businesses that dont deserve it. this casino is just terrible lately. it use to be a good casino but now it feels as if they are ripping everyone off which ever way they can. the reason for my banning is in the picture i provided. ive asked them for screenshots & what was falsely advertised by me & that was probably 2 months ago now & yet to get a reply back with any evidence. i had 500k monthly wager before the time of my ban, a bonus for monthly & weekly were due around the same time. 2-3 days apart. i had $500 in my balance before i was banned & they wont allow me to withdraw. im only posting this due to the other guy making a post & me knowing im not the only one stuck in this boat. all im trying to say here is if your looking for a new casino thats fun to play.. dont go to bc.games the new owners are only thinking of ur wallet.

ps dont know how the hell to post a image im hoping this works.

This further confirms my position why people should not crucify a new account complaining about casinos on the forum, anyone may be a fan of the forum but could be on the reading note alone. I don't see a reason why such can't open a new account to report their experience with casinos if necessary, especially if they opened an account with the casinos through our campaigns here.

Frankly, this is shameful and more reason why we need an independent investigator to reduce the overbearing attitudes of casinos like this, they are always the judge in their own case which is not fair. I can only sense an authoritarian response in that image which is common to BC.Game, especially to those who are winning or withdrawing more, they just don't want them again. The most painful part is that they will not still give them the remaining balance in their accounts, this is sad.

Well, thank you for further alerting people and I think people should be careful of those casinos you see virtually on all advertising sites, this alleged one is one of them, it is too aggressive in marketing and must pay its advertisers by any means necessary.
38  Economy / Gambling discussion / Re: 2024 U.S. Presidential Election Bets! on: July 29, 2024, 10:05:39 PM
It's hard to argue with that, but it's logical that such opinions arise on a forum dedicated to Bitcoin (and other cryptocurrencies). I'm sure that on the forums of believers/gun lovers/anti-abortion/supporters or opponents of migration, everyone is also sure that their question is the main one and the outcome of the vote will depend on it.
I am a big crypto enthusiast, but I think that the attitude towards cryptocurrencies is the last thing that the voter will look at - there are many more pressing issues that attract attention.
I was apprehensive when I started reading your post but the concluding part makes a lot of sense. One thing I will not join people to do is to be sentimental, so no matter what I support, I will still face the reality for or against such a thing if need be. I don't see anything reasonable about being an extremist to the point that I will now tell plain lies or not just face reality as many Bitcoiners do. You can imagine someone saying Bitcoin would determine the next US election, who is deceiving who?

So far Trump is succeeding in gathering a crowd using Bitcoin and cryptocurrency talks and people cheers for it. No Bitcoiner cheering for Kamala is already a losing factor for her. Whether 20% or less of the population is into crypto, they count. And the odds of Trump getting reelected are way higher than any of his competitors.
Let Trump continue to deceive you guys, but one thing I can assure you is that he is fake and will do nothing to improve cryptocurrency, he is just using that to buy your votes. But I wonder why you are so freaked about the crowd hailing him when he talks about Bitcoin, do you even know how people think and behave in political gatherings like that?

You might be surprised that less than 5% of the gathering is dealing with Bitcoin but just hailing their candidate regardless of what he speaks.
39  Alternate cryptocurrencies / Altcoin Discussion / Re: What things to check when it comes to DYOR on: July 29, 2024, 09:41:07 PM
The word DYOR always sounds strange to newbies in crypto as they have no idea atall were to start even with their google search engines.
What sites could be best for this and what the first 5 qualities to watch in a coins project when Doing your own research?
you can share your thoughts on this to enlighten some of us here.
As the full meaning implies (Do You Own Research), it is subjective and must be thorough to void any doubts surrounding the projects. However, as you asked, I think I can give you the five as follows;

1. Try to know the brains behind the project, even if they are anonymous, to ensure they are serious and know the partnerships they could garner.

2. Ensure they have a serious and genuine community and not some sort of bought audience. The community must be somewhat large too.

3. Follow their reviews online.

4. check for their success with their presales, and

5. The seriousness of top exchanges in accepting them, especially on launching.
40  Economy / Economics / Re: Is increase in minimum wage a good method to fight inflation? on: July 29, 2024, 09:07:57 PM
-snip-
So guys, is increase in minimum wage not a good measure to fight inflation. Let's have your opinion.
Minimum wage, whether increased or decreased has no room in economics to fight inflation as it could be a two-edged sword that can either work for or against the intentions of the adjustment. In my understanding, fighting inflation is a different ballgame and it's solely in the hands of the executive government arms of government and the central banks by introducing policies that can naturally adjust the inflation like the fiscal and money policies, which include interest rate hikes/cuts among others.

On the other hand, the minimum wage adjustment is just for the masses to measure up with the current economic situation of the country to cushion the effect of the inflation, nothing more.
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