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2161  Economy / Gambling / Re: No bet is a waste on: August 18, 2023, 08:29:17 PM

So for that, we need to always take caution on the level of our gambling even if we continue on a winning trend because the odds will not always be for us, and there is nothing like sticking to what works for you when it comes to gambling.

I believe that there are some strategy that works for some bettors and it doesn't work for another. Gambling is a game of chance no doubt but there are also some ways people like to bet and handle their bet because of how it works for them. For example regards to soccer betting, there are bettors who prefer direct win whether away (1) or home like (2), some prefer goal goal g/g, some draw (X), some over 1 and other options. So I have someone who always bet on draws and he focus on that.
2162  Economy / Economics / Re: Were Banks and Governments behind this Dump? on: August 18, 2023, 07:46:23 PM
Banks and Government doesn’t have any major Bitcoin holding for them to dump the price. The real culprit here are those people who panic sell as well as those whale traders that taking profit.

The current dip is not a major concern since we experience worst than that with a valid reason for dump while the current dump is just due to speculation wothout any solid proof that it’s the real cause. This dump will not happened if everyone will just hold since the government can’t dump the price because they don’t hold the majority of the Bitcoin supply.

I believe this is a good thinking on the way that btc has dropped this few days. I don't believe that government have a hand in the price drop or which government is that? Again interest rate  will not cause a sudden drop of price within two days thereabout. I believe that the story surrounding the sale of Elon musk SpaceX sold bitcoin and whether that story is verified as true or not, we know that rumour could make hodlers to start dumping thereby creating more FUD in the market.
2163  Alternate cryptocurrencies / Altcoin Discussion / Re: Could stable coins save a deprecating economy on: August 18, 2023, 07:18:14 PM
I don't really know if this would be a good idea but I think this could help many countries that are facing a real currency depreciation.


Sorry it will not. Stable coins have depreciating value like you have criticized fiat. How can stablecoin help an economy? Just a digital currency and how can that be possible when people are dumping their currency for bitcoin that is not tied to any debt repayment. Moreover, countries are architect of their own misfortune and currency can't just be the messiah. Rather it is the policy of government that has devalued fiat and they know how to get out of it by thinking properly otherwise more people are already dumping and hodling bitcoin.
2164  Economy / Gambling discussion / Re: Olympic Games, but doping is allowed?! on: August 18, 2023, 04:23:38 PM

Sad thing is that they do testing before and after athletes perform. So they let clean and not clean athletes perform together. Majority of doping scandals happens already when the competition is over, or even when the Olympic games are over. That is why I see no point of not allowing it. It just looks stupid. What is the point of not allowing, when both athletes performs simultaneously. Either make two separate Olympic games, for those who use and who doesnt. But one thing, without doping, Olympic games wont be as bright as now, as interesting to watch as used to, we wont see any new records.

Serenity is important in the game. If they create another Olympic game for dippers it won't make sense like it is a sports because they can start a fight right there as they are not in control of themselves, the substance will have greater control of them. The organizers have a reason that they don't taste participants for drugs until after they have performed and this is to make the suspense of the game real and to show there is dopping rules also. I have seen different Olympic games where the runner up become the winner because the initial winner was disqualified for failing the taste. Having another Olympic games for people that will use drug means the organizers are encouraging the use of drugs and the abuse of it in our daily lives.
2165  Local / Nigeria (Naija) / Re: Why Bitcoin Dey Come Down? on: August 18, 2023, 03:20:53 PM

Having said that, i don't really try to find out the reasons why Bitcoin price drops, i think it is unnecessary because you will read so many speculations/reasons, but you don't know which is accurate. I understand that it might matter for day-traders and short term investors because they buy and sell pretty fast for quick profits, but if you are a long term investor, it is either you take the chance to buy more or you ignore the dump.

Na true you talk, we no need worry our head over wetin cause the price drop in bitcoin. As we already dey hear two said of the story regarding Elon musk and some say him never sell the btc . Na fud and fomo dey move this market, so whether true or false once any influencer go their handle make any statement, panic go start and sentiment before you know am piam price don change. This is why na speculative market and we need to dey do our own dey go but if to say the market dey regulated, e no go just dey change like camelion within the twitching of an eyelid.
2166  Local / Nigeria (Naija) / Re: Why Bitcoin Dey Come Down? on: August 18, 2023, 01:51:16 PM
This kind drop no dey surprise me again for this business. I just know say price some come down before the next halving by whatever means at least I don notice am wella. If to say no be Elon musk cause am, you go still see one influencer go just come talk something about bitcoin. Maybe for example Warren buffet go just wake up from no where say him no like bitcoin and you go see bitcoin price for ground then the build up go start again. Na the circle be that wey still make people see am as manipulation by the whales to make people fear to dump so that the price go drop and it can trigger there buy order.

But one thing wey dey real be say the price go recover and hit ATH. No panic if you have extra cash to hold your self.
2167  Economy / Gambling discussion / Re: What resources do you have for members who may be dealing with addiction? on: August 18, 2023, 12:06:30 PM

I was asking for resources within the forum and not about family discussion. I was also looking for non-profit organizations that provide such services free of charge and are available online. The last option is to contact a professional who can help with the addiction. My understanding is that before visiting a pro there should a screening center or people who can recommend ways to help with this issue.

If you are looking for NGOs that help people come out from their gambling addiction or you want to help someone else you have to consider to go offline to search for that. Your local and neighborhood can help you source for such that is in your country so that you can easily visit them there because of proximity.

I don't think NGO exist here on that and meanwhile if you get the link of an NGO from another country then can you travel to visit them or they are affiliated to your country perhaps because getting away from addiction with the help of a third party, it also requires physical monitoring.
2168  Other / Politics & Society / Re: National interests of Russia on: August 18, 2023, 09:55:36 AM
Reading through the comments, some people think Russia made a mistake getting involved in the Ukraine conflict and will regret it later. But we can't be sure about that. If the US and UK were in Russia's place, they might take stronger actions, or they might not. The situation is complicated and hard to predict.

Yes, Russia made a big mistake when it decided to restore the USSR within its former borders. The time of empires has passed, and the Russian Empire is facing its inevitable end.

I think there are two sides to the coin likewise the story of Russia and US on Ukraine. I don't think Russia was going for the reunion of the old Soviet Union and of course that won't be possible but the interest of both world powers are barely political at the expense of the Ukrainian soil. Ukraine has not known peace ever since they wanted to join NATO and US as the big man of NATO trying to advocate for freedom of association maybe be for other reasons though. About the losses, well people actually thought Russia would have given up because of the economic sanctions but that is not helping because I read somewhere that even US gets above 13% of her uranium from Russia.
2169  Economy / Gambling discussion / Re: Gambling by financial dependents. on: August 18, 2023, 09:37:57 AM
The mother is that kind of mum that sees nothing good in gambling and that is why she is worried. Speaking with him alone won't guarantee that he is a responsible gambler because he might just be seeing little money for now, because if he has the chance and money, you may not conclude that anymore. You can know a responsible gambler by experience. Some one who has no experience may not be responsible in such adventure. However my advise to the boy first is to listen to the mum and concentrate in his education, after education he could choose to continue or stop. Again, he should not allow friends to deceive him into what he will do against his parents because it appears the parents don't like gambling and are not teaching him that way. So for the mum, she has to understand he is a young person capable of being influenced by friends and what he see around. She has to keep cautioning and talking to him, watch his friends and guide him more. Young people have tendency of exhibiting different habit until they are stable and hopefully, he may listen to the mother one day.
2170  Other / Politics & Society / Re: POLITICS AND LIES on: August 18, 2023, 08:25:49 AM
Politicians vary in their honesty & integrity. We can’t generalise and assume that all politicians lie, it's important to remember that individuals actions do not define an entire profession. Political pressures, electoral competition & the complexity of societal issues can sometimes create an environment where some politicians may feel compelled to stretch the truth or make promises they cannot fulfill. It’s a good idea to engage in critical thinking, fact checking &!to hold politicians accountable for their words & actions in order to promote transparency & honesty in politics.

People generalize on something because of what the general outcome is and the feelings or aspirations of people are not met in the light of the social contract agreement for governance. Governance is an agreement to elect people into office and when they get into that office and not giving those benefits of being voted for to the large number of people then people can generalize because it is the aggregate opinion of people and not by random sampling. Agreed that some politicians try to be good but they are suppressed by the large number of corrupt ones because there are no institutions of uprightness. In democracy that works of course you see people attesting to the dividend of good governance.
2171  Economy / Gambling discussion / Re: What you will do? on: August 18, 2023, 07:52:24 AM
Everyone must have experienced loss, whether it's a big or small loss. And he experienced loss more often than he won. Has anyone ever experienced boredom playing gambling because they have been losing more often than winning? If anyone has experienced this, what did you do?


The most healthy thing to do at such time is to take time to review your bets perhaps you could be doing something wrong and just taking a wrong decision at the dying minutes of the beginning of your game. For example some bettors are in the habit of being greedy and they keep the habit of adding one more game to their bet especially in soccer and they usually realize that new game added to the original predicted game is the one always pulling them down. So in such instance you only will take a break from that habit to stop causing yourself to be losing your well predicted game, because I have seen gamblers complaining about this.

The times of losses are the time we should look for mistakes that we make and try to correct them but if we realize mistakes are not from us that causes us to consistently lose the game other than that we just can't pull the right button, then we could as well look for other types of game that can suit.
2172  Economy / Gambling / Re: No bet is a waste on: August 18, 2023, 06:43:56 AM
I will agree with you because all are gambling and you may be lucky to get wining for a particular gambling platform you are not familiar with, if i should have a chance I will like to study all the gambling site and make sure that I try my luck in each of them by having a particular amount of money I will put in any other so that I will experience their kind of gambling, but what i notice when doing such, is that it will consume you more money and you may likely to lose or gain.

Gambling on multiple casino will not increase your chances of winning on those casino since there's no strategy that can help you win when you play slots games or dic games. Any game that's based on luck doesn't have a strategy that'll help you to win when you play.

You might lose all your bets on those casino therefore it's better to stick to one casino that you have been using and verified them to be reputed casino that'll not freeze your account when you win big or accused you of offends that you didn't commit just to lock your account.

The one time I can see this working in your favor is when you bet on sport games and you use two different sportsbook to place opposite bets and you win which ever way the games goes but you'll still be at lost because you can't win both bets when they're played differently.

People have different views in gambling and such numbers of views are because gambling is trier and no scientific prove of any way to play and win. So if someone try some pattern and it becomes successful, he then think and accept it to be the best way to win. I believe people should do what works for them if they are winning from it because it is all about the money that comes from it as gamblers don't look for fun but multiplier. Therefore, changing casino because you have been losing in other casinos is what is subjective and IMO it will not be guarantee but still based on luck.
2173  Other / Politics & Society / Re: National interests of Russia on: August 17, 2023, 06:48:30 PM

Why in the world do you think that Russia isn't using nukes? They don't want to kill anybody. But they have to defend themselves when they are attacked by the US through Ukraine. Anybody would do that.

I think the whole talk about Russia national interest is about this. It is about defending themselves against US that may become there neighbors through NATO countries. US is playing the role of the big man and try to watch over the territories of NATO countries and nothing seems wrong with that for NATO. So Russia may be trying to resist that through Ukraine.
2174  Other / Off-topic / Re: Do you gamble because you don't have sufficient money? on: August 17, 2023, 06:02:04 PM
I have had a friend who gambles because he does not have money. I mean whenever he sees the property he wants to buy maybe let's say a shoe or clothes that he wants to acquire for himself. He now go and gamble in order to acquire that very property.
But whenever he has money on him, he does not remember to gamble. He only gambles when he need money to do something.
After atudying his type of lifestyle, I understood that his problem was not just gambling for entertainment, he needs a better source of income and when he is financially stable, he will say goodbye to gambling. There a lot of people like that when they have good source of income that will make them leave comfortable, they will say goodbye to gambling.

Like you said his gambling type is just to meet a need that he wants to solve. And having a source of income that will take care of his basic needs will put a stop to it. There are quite a number of people who gamble not for fun but because they are lacking financially and they want something to help them solve that need. However, the unfortunate thing is that they end up not being able to solve that need from gambling because gambling is not about sentiment.
2175  Local / Nigeria (Naija) / Re: How you got your first Bitcoin? on: August 17, 2023, 04:42:33 PM
EmbarrassedGetting bitcoin is very easy as you could imagine but even to that extent of it being that easy, one would need to be extremely careful so as not to get issues in the process of owning bitcoin as there are lots of scammers out there waiting for who to fall for them so they could take from them their time, resources, energy and skills put  together in doing works.
People way no Sabi anything for Bitcoin investment nah them scammers they easily fraud and them go come talk say Bitcoin nah scam while them  no no say nah scammer nai scam them and this issues nai make other people way never participate for this Bitcoin matter they get double thoughts about bitcoin.

Na that one  be the problem wey we dey face say people wey no Sabi road dey enter wrong hands and when them enter like that, them go begin dey talk nonsense about Bitcoin wey in the real sense them no do their own research on the right channel to get the Bitcoin but rather dem go do things their own way and got scammed. After which them go begin dey throw blame game to people wey dem no suppose as a result of their ignorance.

Well as we dey talk say to get btc dey easy, hmmmm no be so oo. At least make some of us still remember when we never dey get am. Even if say e easy for some people unto say some old members hear just carry dem throw enter hear and direct them, the process too no too be one day job. People too don miss road and do wrong things, dem scam dem too. Like yahoo guys dey really scam people unto bitcoin investment. Those yahoo guys get app wey create and you no fit know say na scam app, once you register na to fund am and collect referral code take dey bring people. To withdraw your investment na, story go start and dem go begin tell you say make you deposit again before dat one go mature, na so cry and regret don start oo.

Anyway for my own first time, Omo na faucet oo. I play tire and sometimes I go give because the road to withdrawal be like to go Jerusalem until one day I reach the level but I no fit remember the worth dat time, the tin too small whether e no even reach $5 self, Omo I just dump the faucet because na waste of time.
2176  Other / Politics & Society / Re: Decentralizing Governance: Empowering Crypto Innovation for National Sovereignty on: August 17, 2023, 12:19:48 PM
I think most of the things that you want to achieve with blockchain, it already being done by blockchain. You can seek for means that the government will legalize bitcoin and cryptocurrency then you realize that blockchain is already the technology for the new age.
2177  Economy / Economics / Re: It ain't meant to be easy on: August 17, 2023, 10:52:47 AM

Whatever you want, work hard and smart for it because it won't be handed to you on a platter.


I like that part of working smart because many people are still thinking and believing in the old ways of having to live life and make ends meet. They believe for you to succeed you have to have alot of energy to do physical jobs, no , because things have changed and we also need to change and adapt to that changed environment. The COVID-19 showed alot of example on how possible the internet could be explored and from then many businesses have moved offices to online and new business opportunities are opening up daily.

Working smart is not to invest without proper research to avoid being scammed because if you are scammed then it discourages you and draws you back. So be smart to take right business decisions that can increase your financial status.
2178  Economy / Gambling discussion / Re: Calling all high rollers ($300,000 bet) on: August 17, 2023, 09:39:14 AM
That's a lot of money to trust someone to do the bet for you. Why not ask first the people that are close to you? got any friends or relatives where you'll ask them to bet for you.

At that part, you'll get to have a peace of mind. Yes, you'll use an escrow as a guaranteed to this bet. But what will happen is that the escrow will still send the money/btc to the bettor that will do the transaction for you.

How are you going to secure that person will really bet that amount and won't run from you?

Very reasonable questions to op. Well I still don't believe what he is trying to achieve on this. He wants to extend the limit of his bet and escrow it. As you rightly suggested, he can bet that in his neighbourhood and every of his friends would know he is a pundit if he wins. Why not leave out the forum or he can forget telegram and go public here. I think Op is even yet to respond to the enquiries here.
2179  Alternate cryptocurrencies / Altcoin Discussion / Re: What are the cryptocurrencies worth investing by 2023? on: August 17, 2023, 08:37:04 AM
Why I'm I not able to see Qizon coin in CMC or is it from my browser, my network or that the coin is just a shilling ads and getting promoted for a particular known purpose, one of those could be the explanation. If a coin does not top the list in CMC for me then is not worth it. Some projects are better ignored because you can't understand the pump and dump that goes on in them but you lose your money. Newbies should beware, not a shits that need in your wallet.
2180  Alternate cryptocurrencies / Altcoin Discussion / Re: Pi network KYC on: August 17, 2023, 08:15:50 AM




To the effect of this that OP is asking of, I think the Pi network runs that by badges probably depending on when they receive the sign up. After a while it is will available for the KYC. I think that is the 5th level of verification out of 8 of them. What I'm not sure yet of pi network is if they have actually been launched because it is not verifiable the pi sold in huobi.
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