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2101  Economy / Economics / Re: Are you ready to spend crypto when market is down on: May 20, 2023, 07:43:55 PM
You have to sell cryptocurrency in a falling market in time, otherwise you might find yourself selling at the very bottom. Unfortunately, it's hard to say whether this crypto-asset will come back to life when the market starts to rise. That's why selling cryptocurrency on a fall may be the right decision.

Selling cryptocurrency at the very time it's falling dip is very risky, the kind of decision made at that moment determines wether one ends being a looser or an earner of his investment, we also have to consider the coin invested on, if bitcoin is your investment, there's no fear for missing out because it you continue to hodl it will certainly rise up back over time, but if you invested on altcoins then you're at risk because some may not survived high volatility when the price of bitcoin goes dip.
2102  Local / Politics and society (Naija) / Re: Importance of Mental Health Awareness in Nigeria. on: May 20, 2023, 06:50:36 PM
Mental health is not what is only associated with a particular country, it's something common and mostly found in every part of the world, one thing that needs to be much concerned about this is that many were being tound mentally imbalance through the emotional trauma they have been through in some stages of their life, some accident, malnutrition while others may be due to spiritual attacks as believed by some people, some people were mentally affected but you really won't know by just seing their appearance, we need to put others interest in mind and help them towards maintaining a stable mindset and rendering help where necessary to help them in our own way.
2103  Local / Nigeria (Naija) / Re: Which Cex is the Best centralized exchange with the lowest fee on: May 20, 2023, 06:35:47 PM
Each exchange has there own rate they charges from making a transaction for you, but it is also expected of you to know that exchanges could be nasty in some of the ways they make those charges which could be beyond a bearable limit, i will advise you always know the current transaction fee limit from the mempool in other to know if you're been over charged by any of the centralized exchanges, you can also make weekend transactions which often havelesser fee due to the mempool not being congested, read more on the these exchanges from Ratimov list under huge list cex, dex, atm, no kyc exchanges
https://bitcointalk.org/index.php?topic=5270416.0
2104  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you love and enjoy taking risk? on: May 20, 2023, 05:52:23 PM
What future do we really hope for altcoins without bitcoin?

Permit me to give this that no future for altcoins where bitcoin is not sure to remain, which means they all depends on bitcoin to survive,they rely on bitcoin for their own determination of values, when bitcoin rises, to they also move along while few don't and remain on the same spot, same also is applicable when the bitcoin price goes dip, and hey also massively fall and some don't recover from such experience,so bitcoin should be your number one lead in cryptocurrency before I thinking about any alternative to it, know this that bitcoin cannot fail, it has come to stay.
2105  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BTC or altcoin on: May 20, 2023, 05:27:55 PM
I recently made some money through Amazon Kindle Direct Publishing, and I'm considering using it to purchase some Bitcoin. Only a tiny sum, roughly $800, is involved. What do you suggest doing right now? Purchase some Bitcoin or another cryptocurrency with a promising future.

What replacement coins would you recommend?

If you think about cryptocurrency as a matter of fact, bitcoi should be your number one priority investment, then if you want also think that you're able to take so level of risk to an extent then you can go for some few altcoins and start by checking on the best ratings each has after bitcoin ranking, we have some that could be as well reliable, conduct a research on them and buy them when they are dip, once you earn little more on them then you sell out.
2106  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins airdrops you received so far for the year 2023 on: May 20, 2023, 03:27:45 PM
Some say airdrops retroactive arent profitable. Maybe for some its a waste of time but for others thats plenty of money already and could been helpful to their financial status in life.

It just because people hardly finds reliability in many of these airdrops that's why they don't want to waste their time anymore on what amount to nothing at rhe end, but it's a very good idea to hunt after as a newbie, most of the experience cryptopreneurs don't have time for airdrops.

Im giving of my airdrops receive so far and hoping to gain with other protocols too.  Can you share yours?

That's a good idea as well, many may be interested especially the newbies and they will definitely come for it because this is the specified board for them to showcase their interest and bids for altcoins and tokens.
2107  Alternate cryptocurrencies / Altcoin Discussion / Re: Before investing on meme coin or shitcoins consider this. on: May 20, 2023, 03:19:58 PM
Shitcoins are starting to gain hype so to avoid losing your hard earned money read this.

1. They are not created for long term most of the time shitcoins exist for short term and devs who create it will dump this because they move to their next project to avoid losing your money sell it immediately once you are in profit.

Investors will never sees them as shitcoins in the first place because they are so desperate to make money through them, but immediately they fail, then comes manners of them that people called then, they are just tokens, maybe people should begin to learn about the meaning of the word token and how it's been applicable in cryptocurrency, they are not the real coins.

2. Never believe about devs promises since they are not really there to help you but they want to scam people and want o get rich quickly.

Don't believe them, dont rely on them, don't trust them, they are out for business and it will be better for you to consider them if you're able to developed a thicker skin.

3. Be realistic and don't join the FOMO since this could lead up losing your money.

This comes often especially when the market begins to go dip, everyone on a run not to loose what they have invested, such is very common in altcoins investment.

2108  Alternate cryptocurrencies / Altcoin Discussion / Re: How to Assess a Memecoin and Not Get Scammed ;) on: May 20, 2023, 02:39:54 PM
I think it really hits everyone, but for the first point Find out more about the project's token in https://honeypot.is/, from what you research, it really helps users in making decisions, meaning that user can't do anything else, especially if selling on Pancakeswap after buying tokens, even if we force the sale to only use up gas. Very cool.

Everyone of us might have been involved on being scammed by any of the crypto coins or token before and would have conducted a research on the before this also happens, which means we cannot predict them enough of their true and genuine identity, Altcoins cannot be predicted accurately base on the level of research we made about them except those behind them are people that can be trusted
2109  Economy / Gambling / Re: Enough to consider a casino scam? on: May 20, 2023, 01:55:00 PM
Most scam casinos actually come from new casinos in this industry. Because others like gamblers and well-known influencers also planted in the minds of most gamblers that when a casino is new, the chances of you winning a lot of money are high.

It is these hyped things that they say are the ones that make an impression on the online gambling community, so many are victims of online casinos. The majority of people think that they will get a lot of money for a small amount in gambling, but they will realize in the end that they have lost a lot and even exceeded the small capital that they thought would be a big amount, but it turned out to be a big amount in the end. they will lose.
Gamblers should not have thought that a new casino could give them a chance to win big money. That is an erroneous thought because their chances of losing may be greater than the wins they can get.

But indeed, they also can win, especially if they can get lucky when gambling. They could prevent big losses if they used small bets and kept track of how long they had been gambling. But it depends on how they control the use of money.

Let's not also forget to discuss about the advantage in taking into consideration the new casinos as well, for everything, there's always an advantage and a disadvantage in it, there are many reasons why you could see gamblers inter in newly established casinos just because they aren't satisfied enough from the ones they have been using, that's why there's a need for a consistent upgrades in those casinos in other to help them maintain their security and gamblers as well, also trying out something is another desire which anyone can have taste for.

We may feel like trying a new casino features and make comparisons to what we've been receiving before, this is also a right to any gambler to choose his desiring platform to gamble on, but the risk of falling into scam casinos might have increased while doing this, most importantly, it Should be an occasional occurrence not what we should be doing often moving from one casino to another.
2110  Economy / Gambling discussion / Re: Wagering requirements for withdraw on: May 20, 2023, 01:37:22 PM
Each casino has its own rules and they have their regulations for the bonuses themselves, they are different, they differ a lot because they have different ways of dealing with the way they play, if in a small casino it has some of the limitations that we do not like, I agree I agree that they have to look for other casinos, in the case of duelbits I feel comfortable, they have the games that I like

Do we even follow some criterials or set some guidelines before choosing a casino to use, because each everyone of them has their own different ways of operations that differs from other's, not until we study this regarding each particular casino we are using we may always ended being disappointed from them because what we will be having will be entirely different from what we will be expecting once our understanding about them is not good enough.

there is no problem with the bonuses, with the withdrawals, I am very demanding with the withdrawals, I like that they occur when I want and that there is no need to be sending messages to support for my payment, I have no problems here , that's why I Recommend it.

But many casino give strict use of their policy then regulates making withdrawal, and this is one of the most challenging aspects gamblers always dont like to experience because it's disappointing enough and not encouraging by all means because of the restriction due to non compliance to their KYC.
2111  Economy / Gambling / Re: Is this considered a safe practice on: May 20, 2023, 01:09:28 PM
If the gambling company is well-reputable, then spending that kind of amount to reach the bonuses may be a good idea to save money in the future.
That is definitely be frowned upon considering it's gambling and there's no certainties that you can win and save money on those bonuses. Let us say you collected a staggering bonus yet you're on a loss, that for sure will be a bad practice. Moreover, banks doesn't consider gambling for credit score.

Maybe he can get that bonus but he has to remember that in gambling, we can't always win after getting that bonus. Many of us experience loss even though we get bonuses, which is why we don't need to chase bonuses if we feel they are difficult to get. It's better to just play gambling as usual without purpose other than just to get pleasure from gambling. And using a credit card just to get a bonus is not a good idea considering we have to prepare some money to be paid to the bank and we also don't know how much we will lose.

The funny aspect is that chasing after bonus is very easy to achieved but winning is the most difficult task to get done, and this is the aspect that most of the gamblers missed it from, they will because of the bonus hunt chase after a particular game and use the money they can't afford to loose in chasing after this, some over run this by leaving their private life vulnerable to attack and also chase after bonus, at the end, they will all have the bonus but loose their own money, it's time we wise up in gambling and avoid taking some unnecessary risk that are too expensive for us to accommodate their consequences in gambling.
2112  Economy / Gambling / Re: Is this considered a safe practice on: May 20, 2023, 12:50:20 PM
If the gambling company is well-reputable, then spending that kind of amount to reach the bonuses may be a good idea to save money in the future.
That is definitely be frowned upon considering it's gambling and there's no certainties that you can win and save money on those bonuses. Let us say you collected a staggering bonus yet you're on a loss, that for sure will be a bad practice. Moreover, banks doesn't consider gambling for credit score.


You're right, there's no certainty in gambling to what you can receive as an outcome, gambling has that risk that it gives and can't guarantee you on a particular outcome as result, moreover why the stess on this when there are alternatives to making payments in gambling casinos, they almost supports more than two cryptocurrencies for making payments of which i think that alone is a good take on itself than vending on what will have a costly repercussions later in life.
2113  Economy / Gambling discussion / Re: Are there play and pay later casinos? on: May 20, 2023, 12:18:38 PM
I do not think I have ever heard about this concept. I have heard before about whales in Las Vegas who are allowed to gamble on credit because the trust the casino has on particulars clients.
Nevertheless, even if some casinos offered those plans for people to gamble on credit, I would not advice anyome to fall in the temptation, if the person starts to develop gambling addiction It can only end up in financial ruin.  Sad

Gambling on credit is supposed for millionaires and whales, let us keep that in mind.

I can't even encourage a gambler on such offer because it's a bad idea to support or sugget someone to taking loan and be in debt, they will never be grateful to you if they ended up being unable to make a repayment because they believe that you're the one that push them into it, they wouldn't have been into debt, same applies for the rich gamblers who think they have money, they don't need to go off their limit just to gamble and lost the game and later finds it a regretting experience, some have been once rich and turn poor because of gambling indebtedness.
2114  Economy / Gambling discussion / Re: Things that still make feel awkward with some online casinos on: May 20, 2023, 12:07:28 PM
Why are some online gambling platforms having high withdrawal fee? I know Bitcoin recently has a high transaction fee but that's no more right now, some online casinos are still asking for 5$ per transaction when it should be 1$ or less.

That is cheating their players.  I am glad that I am playing in Stakes, during the surge of transaction fees, Stake does not change their withdrawal fee.  They are still charging with less than $2 while the blockchain fee is more than $20.

Not just only Bitcoin withdrawal, even coins with very low transaction fee, isn't this robbery? If you just signed up on a centralized exchange, you can pretend as if you want to withdraw, to know how much the gas fee costs, but on online casino, you will see this only after you have enough wins or funds for withdrawal.

Casinos' other source of earnings is their withdrawal processing fees.  So it is not surprising that many casinos are charging their player way more than the blockchain transaction fee.  It is their opportunity to earn from their service so they will take that opportunity.

On the common way, casinos don't have that kind of high transaction fees like that experience with exchanges, but if one comes across any that is taking an abuse on such, then it's better to try other recommendations because they may be taking advantage on others in that while everything had gone down to a bearable limit, which measn we must be very sure we are using a trusted casino and can also track the mempool to know the current fee on transaction and see if they are making an additional fee or not from their own end.
2115  Economy / Gambling discussion / Re: Don't gamble if you don't have patience on: May 20, 2023, 11:53:18 AM

For some reason. I started to appreciate instant withdrawal now that I experienced this first hand. In my case, it’s not about the casino but the blockchain slow confirmation.

This is not going to be the last time, in the future, we may see another network congestion that is beyond our control and you are caught playing while there is congestion, so even if you don't want to if you don't have patience you could lose all your bankroll or even your winning, so it's still better to cultivate patience for your own good, what recently happened is the test of our patience, patience in gambling is a good virtue.

Things were not meant to remain permanent the way they appear althrough, this is just a temporary experience and has been settled unlike before, moreover it's not also the first of its kind to have come to this kind of congestion, i think we should be positive in the same direction because the transaction fee pump is a means of rescue to this, what if we couldn't het transactions being confirmed as the entire network get over flooded and there's no priority to higher transaction fee to circumvent the situation, everything will be laid to pause without remedy, this is the same and exact situa with the baking system while being impossible in cryptocurrency to experience such.
2116  Economy / Gambling discussion / Re: Best and worse slots on: May 20, 2023, 11:31:43 AM
I never liked Slots, Idk because it's only luck and I feel it's rigged. More like it got more house advantages and the chances for you to make more profit/money are way less as compared to something like Roullete. I would love to know a beginner slot to start gambling again and understand the concept of it. I recently played some slot games on the rollbit website, It was meh. Not my cup of tea.

Gambling also has to do about being lucky atimes in games that we play, slot is quite a game of luck and this is the most common attribute to locate with this kind of gambling game, there are others that has to do with the skills and our abilities to determine our winning chances, just like dice, some also believed it's a game of luck while some do say that it has already been programmed, but gambling in general is full of fun either we play on sport betting, casino, slot or whichever we so desire to go through, it's all in having fun
2117  Bitcoin / Bitcoin Discussion / Re: How I convinced my stubborn neighbour working for a central bank to adopt Bitcoi on: May 19, 2023, 07:04:10 PM
I couldn't believe it!!! Can you imagine like a play, I was able to convince a whole CBN man to do 1BTC? But I hope he doesn't change his mind. Even if he does, I'm proud to have stood for Bitcoin in such a situation.

You can't blame him due to the nature of his work, they would have been oriented against bitcoin since the financial apex institution he works with is the one in control of every other banks and are the same people who established the law that all banks should not be involved in anything related to cryptocurrency as against their ethics as financial institutions, but also i think there's more need to emphasize on the aspect of bitcoin being a p2p network, how he can make use of a decentralized cold storage for privacy, he may actually finds it more interesting if this aspect were cleared and his fear from avoiding his work place know about his involvements in bitcoin will be secured along way.
2118  Bitcoin / Bitcoin Discussion / Re: [NEWS] Bitcoin Provides Insurance Against Fiat Currency Failure on: May 19, 2023, 06:54:28 PM
On May 4, in a recent Youtube video, Validus Power Corp.’s executive director, Greg Foss, discussed the potential for the banking industry’s failures to wipe out $10 trillion in equity. Foss expressed his support for “hard assets” such as real estate, gold, and bitcoin. He believes that bitcoin, the leading crypto asset, is one of the best hard assets available. According to Foss, bitcoin provides insurance against “the failure of a basket of fiat currencies.”

Source: https://news.bitcoin.com/bitcoin-provides-insurance-against-fiat-currency-failure-says-validus-power-corp-s-greg-foss/

I also think that cryptocurrencies in general have a chance to save money in case of fiat inflation. But it also has risks of failing to save funds. The main riddle in cryptoworld is the possibility to save the funds with crypto in case of inflation...

Since inflation is not possible to occur in cryptocurrency, choosing bitcoin in crypto could also be the best decision to take in other not to fall into the other hand with the altcoins experience from being liquidated, but the best alternative here is the use of crypto and bitcoin to which can not put one in danger of missing out for any purpose in the future, which is part of the edge it has over every other cryptocurrencies, it's can serve the best asset and investment to made in a decentralized network without the fear of loosing or missing out
2119  Bitcoin / Bitcoin Discussion / Re: The importance and distinction between Verification and Authentication. on: May 19, 2023, 06:45:41 PM
After every procedures to taking security measures had been put in place, we must verify before authentication takes place, verification is to get the centainty about something as being genuine, it can also be a means to scrutinize something for more adequate and safety measures while authentication means the confirmation made on what has been verified, it another means to endorse or sign in for something as not being a counterfeit, we can do this same things and make them applicable to our bitcoin and security procedures for maximum protection before using any means to hold or store our coins in them
2120  Other / Politics & Society / Re: How true on: May 19, 2023, 06:26:36 PM
It's true that nothing good comes easy. Let's take the case of money for instance; you have to toil very hard to get it so that you can learn a valuable lesson and this guides you on how to spend it since you know hard you struggled to get it.
 I also believe that if one doesn't encounter difficulty when going for something good, it won't be appreciated.

It is not easy to make money but spending it is the most easiest thing to do, which means to make it in life, it has a big task ahead for everyone to take and fulfil, but it's a matter of choice and not by force because it requires no effort to remain the same way without progressing in life, which means anything evil is cheap and easy to do while the good and beneficial ones takes our efforts to make them happen to us, if you take your life with an unserious mind or approach, you will find it difficult to arrived fast in life, it's better now than never.
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