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201  Economy / Speculation / Re: Biden out Bull run in??? on: July 23, 2024, 07:49:39 AM
Biden sudden move to abandon the 2024 presidential race could be a "hug boost" for cryptocurrencies and other assets said the crypto analyst predicted.
Even if Joe Biden is not out of the United States presidential race, bitcoin will still later increase because it is likely that Donald Trump would be the next president of the United States even if Joe Biden contestant in the presidential race. Joe Biden party might probably have seen that Joe Biden might lose and making new strategies to make sure that Donald Trump will not win. If Donald Trump won, I think the market would be bullish that day. But regardless of this, be it anyone that wins, bitcoin is still an asset with increasing value.
202  Economy / Gambling discussion / Re: Should I quit playing slots? on: July 22, 2024, 08:12:34 PM
Sometimes you can play a game in casino and think it is rigged if you continue to lose without winning at all for many times. It happens in slot, dice, blackjack, roulette and almost all the games. Also I noticed that the more I stay to gamble in casinos, the likely that I will lose all the money. Do not gamble with the money that you can not afford to lose.
203  Economy / Gambling discussion / Re: What Do You Think Of Variety Wholesome Show Incorporating Casino Games? on: July 22, 2024, 04:50:20 PM
Participating in sports does not mean that you are gambling but there are still some football unprofessional players that gamble with the matches that they play, I have done this before in high school. Who also told you that assuming these professional footballers are not restricted from gambling that they will not gamble with the matches that they are involved. FIFA understands this and that was why there put the law. Playing cards can lead to one staking with cards because when he feels that he has known all the tricks in the game and how to win, he will have confidence to stake. Dice is the worst because I started gambling with dice rolling. It turns from game to gambling gradually.
Not that the popular TV noontime is advertising gambling sites or telling people to gamble. It is just about a game. I can be with friends and play Ludo for hours. We can play Chess that I have not seen on gambling sites before for over 5 hours because chess is addicting. I have not played roulette before but on gambling sites and no one thought me how to gamble with roulette because it is simple to understand. There are many games that are easy to understand. What I am trying to say is that because you are playing games with friends, that does not means you are gambling online. Also there are games that you will just know how to play because they are common in your environment. These games are also on gambling sites. Also there are some games that are online that you can know easily or through the demo or fun mode. If you want to gamble or bet, that did not have to do because you have knowledge about the game, it is because you just want to gamble. There are many games online that you do not have to learn before you can know how to use it to gamble. Examples are dice and roulette.
204  Economy / Gambling discussion / Re: What Do You Think Of Variety Wholesome Show Incorporating Casino Games? on: July 22, 2024, 04:33:48 PM
...
The problem is that what if these children are left alone at home and stumble into this show because it is not everybody that uses parental guidance control. It will be better that children don't watch such show since it can trigger them into gambling, especially nowadays that casinos ads are everywhere and influencers promoting casinos. Children might watch this show and decide to gamble with these card games. I am not going against the show but we should be careful of what we watch on TV when our kids are around do that it does not have a negative impact on them.

I think I agree with you. The least thing one would like to see is a child getting introduced to gambling because a show which is supposed to be suitable for all audiences. Because how widespread and common gambling has become on the internet, some children could see those games in the TV show, feel curious about it and search for them on the internet, ending up playing casino games. Granted, they may start playing those games with fake money but eventually could find a way to get an account on an actual online casino, not even mentioning that there are several casinos which allow people to register and deposit with little or no KYC process, those children and teens will only be stopped in the case of withdrawing.
You can see children playing dice, whot varieties and many other games that are in casinos today. If they are playing such games, that does not means that they are gambling. You can also see children that are playing football, table tennis and many sports that are very common in all countries but that does not means that they are on sportbooks and betting. This is not gambling or betting.
205  Economy / Gambling discussion / Re: Black Jack as a business rescue (history) on: July 22, 2024, 03:07:17 PM
1. Do you believe this story?
There is possibility that it is true. But I can not believe it.

2. Regardless of whether this is true, would you do the same? That is, if your company was on the verge of bankruptcy, would you bet the remaining money on casino games?
I can never do the same. I will look for a better way than to lose more money. The probability of losing more money is higher if I gamble with the money.

3. What would you do if you lost and was there any alternative solution?
I can not do it, not to talk of losing.
206  Other / Off-topic / Re: Can't gambling addiction also be positive? on: July 22, 2024, 02:58:29 PM
Yes hobbies are like good addiction because the person will like the hobby and like to do it frequently. But it is called hobby because such thing will help his life and health. Something like playing football, going for finishing and the likes. But if that thing is harming the person, it would be seen as addiction. If someone is noticing that he is gambling in a way that it is demanding too much time from him, the person will only notice losses. The more the person is gambling and betting, the more the losses. The people that win from gambling and betting are not doing it frequently and they are not addicted to it.
207  Bitcoin / Press / Re: [2024-07-21] Bitcoin’s Flash Crash Below $66K and Rebound Above $68K ... on: July 22, 2024, 01:27:02 PM
If the news is more related to Trump, that would have been different and maybe true if Trump quit for the presidential race. But it is Biden that quit and not going to compete in the coming United States presidential election. I do not think Biden quit announcement was the reason for the drop of bitcoin price. There are times like this that market will drop sharply and start to increase again.
208  Economy / Exchanges / Re: WazirX allegedly hacked, $234M+ stolen on: July 21, 2024, 07:26:00 AM
This is one of the reasons it is not good to leave your coins on exchanges.
Relax man, you know that funds are SAFU.  Cheesy
Can you give a broad explanation about this? Do you have a link about WazirX customers fund that are SAFU? Even if the fund are in SAFU, what is the probability that customers will get their coins if the exchange lost significant amount?

Not your key not your coin is not about lost of coins alone, it is also about people having the control over their coins at anytime they need the coins. What I read last was that WazirX withdrawal has been disabled.
209  Economy / Gambling / Re: Platform Development Update on: July 21, 2024, 07:16:46 AM
No link to access your gambling site and also I do not think the site has been developed at all. This is one of the worst announcement threads that I have seen on this forum. This is not even an announcement thread but something else. If you have nothing to offer yet, there is no need to post this.
210  Economy / Gambling discussion / Re: ⚽Prediction pre-season matches / club friendly on: July 19, 2024, 04:15:10 PM
If it is club friendlies, I do not take it serious because the matches might not go as planned. Many of the clubs will be resting their players at the time. But what that I notice is that the clubs will score goals very well during the time. Going for over 1.5 for like 2 matches or over 2.5 for a match is better.
211  Economy / Gambling discussion / Re: Can solitaire be a game of chance? on: July 19, 2024, 01:07:02 PM
However, imagine if FreeCell became a gambling game like poker and hosted international tournaments. I know this is unrealistic, but still. How do you think. Can solitaire games even be games of chance? Can puzzles even be games of chance?
When it became a game of chance is when gambling sites start offering the game for their customers to make money from their customers. If it is not about gambling, it will not be regarded as game of chance.
212  Economy / Gambling discussion / Re: How has a significant win in gambling changed your life? on: July 19, 2024, 11:54:34 AM
Hope your big wins, did not just go back into the casinos.  Wink
If you do not have time to gamble, that is not bad. There are some people in life that are so busy and not having time to gamble. My time are mostly filled up with work and sleep as I rarely have time. I gamble just one or two times in a week when I am relaxing. Gambling is for fun but if you do not see it as fun, then do not gamble.

As for me I have won money from gambling which can feed me for weeks or months but I have not won the money that I can use to establish a business. I am not even looking for money to establish a business from gambling, neither am I looking for money that can feed me for weeks or months from gambling.
213  Economy / Gambling discussion / Re: Can long term rollovers work in sports betting?? on: July 19, 2024, 11:40:00 AM
We all play sports betting for different reasons, some play for fun and some play for the purpose of getting that extra funds
No one should gamble because he needs extras funds. This will only lead to waste of money on gambling and addiction.

You can't always rely on betting to give you the money you need but still some people claim to be in profit from sports betting
At least 12% of gamblers and bettors are making money on gambling. But they can go poor from gambling at anytime if they are not careful. Most gamblers are losing money.

From my experience long term rollovers can be very risky and uncertain, if your target is 1.30 odds for a month
It looks pretty easy considering the odds, but the question is, can you be lucky everyday?
No.

Can you always win the bet for 30 days without having a bad day even if you have a good strategy
No

I always tell people that withdrawing your profit after a game is the best thing to do from my experience
Yes

Let's say you play a game of 1.30 odds with 2000 naira, it's wise to withdraw your profit and stake again the next day
No. Withdraw the money to spend the money is the best.

So that even if it goes sideways your loss will be minimized. This is just my idea about this
You can share your ideas and strategies on this topic
The loss will not be minimal because if you lose the whole money, you will likely deposit more and likely lose more.
214  Economy / Economics / Re: Can ai chatgbp make good business plan ? on: July 19, 2024, 11:31:17 AM
Why do you want to be richer than Jeff Bezos? Life should be simple. Just know what you are doing and be rich the way life choose for you.

If Google can not give what you ask for, know that AI can not also give you what you will need to do before you can be rich than Jeff Bezos. Only you will follow the plan to be rich and not what you see online.
215  Bitcoin / Bitcoin Discussion / Re: Bitcoin soars to two-week high after Trump attack on: July 19, 2024, 07:42:07 AM
when he was president the first time. the IRS started making all those rules about how you had to pay taxes even if you didn't convert it to fiat. so his history is that he hasn't done anything to help people using crypto, bitcoin in particular. he's just sat by and let the IRS make all these rules. rules that hurt people using bitcoin.

i think he had his chance once and he dropped the ball. i don't know why he deserves a second chance.
But you can understand that politics is politics right? Trump can looked for ways to make sure that he wins Biden and become the next president of United States again. He will look for all ways to make sure that he can get there. He saw that cryptocurrencies has become mainstream which means people are into it. He then used it against Biden as he wants people that are dealing in cryptocurrencies to vote for him. I think his strategy is helping him as this has given him more chance to become the next president of United States. But as for the price rise, I do not see correlation of it to his assassination attempt.
216  Economy / Gambling / Re: BC GAME KYC on: July 18, 2024, 07:34:32 PM
Do you have a driver license? Driver's license is among the verification options that you can choose on Bc.game. Make sure you are not doing anything shady but use your real documents. Let the names, date of birth and others be the same with the ones you filled on the gambling site. Also make sure the images are not blurry but clear.
217  Economy / Gambling discussion / Re: how often do you rely on prediction sites on: July 18, 2024, 01:54:27 PM
It's very rare to see a prediction site that offers 100% legit games
Prediction sites offer legit matches but what you are trying to imply is that their predictions are not 100% accurate.

it's not easy for us to win because we can't predict a game to be 100% winning. We might manage to predict 5 games and 4 of the games will be successful but out of the 5 just a single game can cut the rest of them. However winning is hard but it's only easy when luck is involved in the games, no matter how multiple the games are, if it's time for us to win, we will win. Prediction sites cant offer sure games always, sometimes we might be lucky from their predictions but many times we will not be lucky to win from their predictions.
The longer the accumulation the lesser the chance to win the bet. Some people will think that one day they may hit the jackpot by winning many accumulated matches and yet continue to lose because they wants to use little amount of money to win millions of dollars. I prefer just 3 matches. If it is getting higher than 3, I do not like to bet on it.
218  Economy / Exchanges / Re: WazirX allegedly hacked, $234M+ stolen on: July 18, 2024, 07:54:04 AM
You posted this before me earlier. I will lock the thread that I created about this.

What that surprised me is that it is an ethereum multisig wallet. I have not heard of multisig wallet hack before until today and that made me to really be surprised.

This is one of the reasons it is not good to leave your coins on exchanges.
219  Economy / Exchanges / Indian crypto exchange falls victim to $235M hack on: July 18, 2024, 07:45:51 AM
What I do not get is that it is a ethereum multisig wallet. How was it possible that the hackers were able to compromise the multisig wallet.

You can read it from https://cointelegraph.com/news/indian-crypto-exchange-wazirx-hack-235m

According to the post, it is believed that $234.9 million of funds in the Safe Multisig wallet have been moved to a new address, with each transaction’s caller funded by Tornado Cash, the decentralized protocol for private transactions.

The address has already swapped shifted funds comprised of Tether (USDT), Pepe (PEPE), and Gala (GALA) into Ether

https://cointelegraph.com/news/indian-crypto-exchange-wazirx-hack-235m
https://x.com/CyversAlerts/status/1813834131165286464

This is one of the reasons it is not good to leave your coins on exchanges.
220  Other / Beginners & Help / Re: BITCOIN IN RELATION TO FOREX. on: July 17, 2024, 04:43:36 PM
I would want to understand fully the differences in trading bitcoin and doing forex and if they are similarities.
Please help out.
You can be trading bitcoin and fiat in P2P market.

You can trade bitcoin in the sport market. Also you can trade bitcoin on as margin in which you can leverage it by borrowing bitcoin from people. The exchange that you are using will automatically the borrowing for you. Margin trading is very risky and the more the leverage the more the risks. Trading generally be it spot or margin is also risky. It is better to buy and hold either on short or long term.

Another one is derivative market. There are different types like perpetual future and options. They are the riskiest because you can use higher leverages. Some people use high leverage and lose consistently.

Their common thing is leverages but Bitcoin is one of things you can trade on Forex. Forex market has longer history than Bitcoin market and has bigger trading volume too. You can trade Bitcoin on Forex like gold, silver, rice, sugar and and more.
Bigger trading volume does not matter because you can trade bitcoin and even lower ranked coins like ethereum and many others on most exchanges and the trade would be filled immediately at good market price.

You can trade Bitcoin with leverages in Margin or Futures trading directly in Bitcoin market, on Bitcoin exchanges. If you use leverages in either Forex or Bitcoin market, you will have same risk, risk of forced liquidation on your position and collateral.
You are correct but do you know that derivative market like perpetual future is not actually bitcoin? The real bitcoin are spot, margin and P2P.
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