Actually, I've never been confortable with my financial life. I'm always trying to increase my income, to develop new income sources, to create and sell products, but it always seems it's never enough and I never succeed. There are goals I want to achieve, I want to purchase a property, to have an independent life, to have a degree and a profession, but all these things cost money, and the more time passes, the more concerned I become regards my future. I'm aware I'm not in a terrible situation, because there are people living harder times than me, but what most bothers me is that I feel my life just doesn't develop at all. The stagnant feeling for so long is even worse than a temporary poverty situation you overcome after a while.

Here in my area bitcoin isn't accepted by any merchants, so I can't contribute to this change for now, because it doesn't exist.

In your case I see it's a very positive attitude to accept bitcoin as payment because you are suffering with your local native currency depreciation, so you are forced to find alternatives to deal with money in Nigeria and bitcoin has become the perfect solution. It helps you to preserve the value of your money, because it's stored in a valuable asset/currency that is bitcoin and since everyone in your country are on the same boat, facing the same difficulties daily, it must not be that hard to find people willing to pay you with bitcoin.

Congratulations for embracing technology and introducing it to other countrymen who weren't aware about bitcoin yet!

As long as you are having fun in a healthy way, without compromising your financial life it's fine to gamble. We are constantly spending or losing money to have fun through different ways, like purchasing video-games, eating out, travelling, that gambling is just another hobby activity which give us pleasure and shouldn't be completely discouraged.

I just think it's important to be aware when it's not being profitable after all, otherwise we may confuse ourselves thinking we are having profit, so we end losing more money than we could afford to lose, like the gambler who goes to the casino one night and leave the house losing 200$, come back next day and leave with a profit 100$ and claims he is making money from gambling.

If the user is gambling to earn lottery tickets I think it doesn't worth anyway, because he is going to lose more money with his bets than the potential profit he can make winning on the lottery with the earned tickets.

Referrals are a much more profitable method to participate draws, while keeping a positive balance. Someone with some thousands of active referrals who is building his account since the early days of freebitco.in must make an awesome income with high chances of winning the lottery prizes every rounds. He can even "invest" part of his referral income in more tickets, including the golden one for the lambo.

Stagnant end of year for bitcoin. Around 16,600$, what is acceptable as good news on the bigger picture (better than nothing), but with serious possibility of crashing a little more as the new year begins. In my opinion 15,000$ is still a real threat and possible support level for bitcoin. We shall see what 2023 holds, although I'm not too confident in crypto market until next bitcoin halving.

There aren't good news and events happening right now or going to happen soon that could justify a positive trend in bitcoin price. I think something which could be great would be if the scammers from FTX, Celsius, Luna were arrested and their funds seized in order to pay investors back. That would be a great lesson to scammers in crypto industry and a powerful booster for bitcoin to become bullish still in 2023.

Why wouldn't anyone say no to this bet? It's still 83% chance of losing the money wagered and you can't bet more than once, as stated by OP.

I would say yes only in case I could bet multiple times with the same terms (x12 profit) mentioned on this thread, applying bankroll management strategy and martingale.

USA doesn't control bitcoin. If you acquire more bitcoins you won't be in the hands of the US, rather you will be independent and autonomous from any governments and authorities, because bitcoin is decentralized. Actually, by holding and using bitcoin you are protecting yourself from the big nations which try to rule the world, as your money will be immune to their financial policies which depreciate the value and purchasing power of fiat currencies, while inflation grows without limits. Bitcoin is above the power exercised by governments, doesn't matter their political spectrums.

Even if your intention is genuine, save yourself a lot of headaches by using the site normally, like everyone else. We are dealing with people we don't know for real and the same can be said about them regard us, so the relationship must be most transparent as possible to not open gaps for any suspicions. Also, if someday you use the faucet by mistake, it will be already a justificative for the website to lock your account...

---

For practical examples about daily compund interest investment at freebitco.in you can check my thread below:
https://bitcointalk.org/index.php?topic=5405945.0

That is why I would ask him first for no complaints in case of losing the bankroll entirely or partially. If he agreed with this condition I would be fine in going ahead and gambling some traditional games like crash, mines, dice, limbo, blackjack, plinko until reaching his goal or until going busted. However, if he expressed any discomfort with the loss possibility, I would tell him to find someone else to gamble with his funds or to gamble by himself. Anyway, from 10,000$ to 65,000$ is a long road to pass through and the chances of succeeding are minimal.

A better idea would be to go from 10,000$ to 15,000$ or 20,000$ only. Probably I would try to convince him about it as well.

It's hard for a game like this to be introduced at casinos, because they are prone to be cheated by malicious players. Games apps in general always have cheats being advertised on youtube, which are developed by players who have informatics' knowledge and want to have improper advantages in game they shouldn't have or should pay to have. An accuracy bot would definitely kill the idea of using this game for gambling purposes. Besides that, even if the game was adopted by gambling platforms, I imagine there would be a lot of disputes between players and the houses, payments being denied due to bots' usage accusations and casinos being considered scammers for punishing players improperly.

When you play responsively, respecting the initial budget, not chasing losses, choosing the games carefully in order to get the lowest house edge, you increase and optimize your chances of winning, because you will be playing smartly, but it doesn't guarantee winnings anyway.

Winnings can happen or not, after all it's still a game of luck and that is immutable. Doesn't matter the approach we execute, we can never change that nature of gambling games and their outcomes on long term.

https://en.wikipedia.org/wiki/List_of_countries_by_lithium_production

Zimbabwe's lithium production is the sixth larger in the world and has been decreasing since 2019. They have a lot of influence, but I think they aren't a game changer on this market. Australia, Chile and China productions are much more expressive and decisive here if they want to introduce protective measures.

Australia is the key point here and last year they supplied half the world's lithium volume. If USA is going to adopt hostile economical measures against their allies on this matter, I guess they could wait for retaliation from an allied nation like Australia who will be the main prejudiced one here.

Well, from 19,000$ (2017) to 69,000$ (2021) on the two last previous ATHs make me believe it's solid to predict bitcoin can touch the 100,000$ mark on the next ATH. It's a 45% increasement against a 265% increasement of the previous cycle. Following that reading, it seems a piece of cake for btc to hit the mentioned mark by 2024-2025.

Moreover, being extremely optimistic, the 200,000$ goal doesn't look impossible too... It's a 190% increasement in price from currently ATH to the desired goal. Inferior percentage to what we have already seen from 2017 to 2021. It means it's possible!

In cryptocurrency your best bet will be always bitcoin. It's fine if you invest all your funds (800$) in BTC, because it's bitcoin which drives this market in every directions. It means that for an altcoin to have its price increased, bitcoin will have its price risen first. Bitcoin is the cause, altcoins are the effect, and that is how crypto market has been working since the beginning.

And considering how cheap bitcoin is right now, I wouldn't think twice before investing on it. The potential of bitcoin's price in 2 years from now is higher than assets in any other investments' fields.

They are too worried about their survival that investments stay in second plan. But at same time, there must be another route to follow. If it's not possible to decrease expenses, it must be possible to increase income. Maybe looking for an extra job? Maybe putting the family to work as well? Maybe asking for help from the governmental welfare until the situation becomes more confortable? If the person puts his brain to work, he will find a possible solution for the currently problems he is encountering. Then he must put it in practice and see how it works.

The fact is that decision and initiative are needed and can come only from the person in precarious situation. If he doesn't try overcoming the difficulties, nobody will come on his aid.

We can study crypto market for many months and it won't be possible to guess the correct tendencies anyway, because it's an unpredictable market where everything can happen at anytime. We are just small fishes following the trends of the market and the whales' movements in an attempt to share with them the same benefits they are going to have at their disposal (positive market fluctuations).

Everything we know is that bitcoin is going to increase in price on long term. So it's safe to assume trading on long term is fine for starters, since all they have to do is to purchase some coins and hold them inside their wallets until the propitious moment comes, what can take years to happen. The point is that meanwhile, it's hard for these starters to earn cryptocurrency and grow their portfolios.

The best alternative nowadays for newbies is to earn money outside crypto universe, save this money and then invest in bitcoin everytime they reach a determined saved amount.

I see authorities are in doubt about what to do. There is a lot of pressure from both sides, the one who wants to ban crypto and the other who wants to legalize crypto. The scenario in Nigeria from the law point of view is pretty unclear yet, but there is still hope, without any doubts. Furthermore, cryptocurrency is already part of the daily life of many nigerians. It's not something you can revert anymore. With or without a legal frame people there will continue using cryptocurrencies and will continue bringing more and more adepts to the digital and decentralized world of finances.

Some sectors of the government are simply trying to fight a lost war against crypto enthusiasts. That is waste of time and energy which could be being used to implement solutions for their people who are despaired for a better life quality.

I think transparency is everything. You just have to be honest with your family and friends and explain them the real reasons why we are living a bearish market this year. Some people may get upset on you if they were introduced and encouraged to invest in bitcoin by you, and it's understandable, but they also should understand this is a volatile market which lives from cycle to cycle. The prosperity cycle ended in 2021 and now we are living a weak cycle. You can mention this has already happened before, so it doesn't mean the end of bitcoin, rather we are just waiting this cycle to finish to enter a new prosperous one, which must come with next bitcoin halving in 2024.

It reminds me I was talking weeks ago with an acquaintance about a similar scam in crypto (Celsius). I told him the scam involved too many investors (2 million) and too much money (12$ billion in assets) to end without serious consequences for the individuals involved. Then he expressed a sarcastic smile and told me: someone who steals that sum of money doesn't go to the prison...

And I thought, well, it really makes sense. When you realize what money can buy and what are the connections of those people, you understand there isn't any justice at all. i was talking about Mashinsky, but with Sam Bankman Fried things go even deeper, because he has direct access to the american highest governmental level. His mother was directly attached to Biden's campaign and the democrat party.

These people have the power to say what is right and what is wrong. Unfortunatelly events like this just reveal corruption has rotted the sectors of our socities that should be protecting us from that corruption.

It's a shame his money is paying for his bail. His money and patrimony should be going to his victims' pockets, instead.

Exactly. Elon Musk remains as the owner of Twitter, even if behind the curtains, therefore his influence will be still there all the time. If he wants to push a new DOGE hype he will have all the necessary tools to do it. And even if he didn't have Twitter, he could continue endorsing DOGE through his social medias, like he has always done since much before all the talk about purchasing Twitter has started.

What we see regards DOGE's price is more related to the whole bearish season every cryptocurrencies are facing right now. Once the negative trend in crypto market is over, we are going many currencies rising together, and I believe DOGE is one of them. Despite being a memecoin, it's also a classic coin. That is the difference between DOGE and its memecoins pairs which don't have any long term potential.