I understand your situation and I wish to help every time I find myself on this page, I hope you eventually get this money even though it tarries.

It's good to read thoroughly through where we commit our money and one thing I read with Bitsar below is conflicting.

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I don't believe this is a true non-custodial arrangement, it might just be a deception to those who didn't understand the system well.

Let me just say that you are wise, and I said that because of many reasons. First, you didn't expect the big money when you were playing your thing but it just showed up, that's the right spirit gamblers should be playing with, and it will not cause them any panic, trouble or emotion as you do not depend on it. Secondly, you earned the money and still did not let emotion and folly get the hold of you by deceiving you to play more which might result in you losing the money back.

And lastly, you are very correct with the remarks about what we see online, you don't just believe them absolutely. The house can do and undo to support the claims of their influencers. Drake winning or losing $1M might not be real...bla bla...everyone should be wise.

Thanks for sharing this, but without wasting time, the national debt is insignificant in most ramifications, it doesn't prove the strength and health of the economy of a nation in most cases, particularly for those developed countries. If you look closely, there's one thing that is so common in the statistics of the national debt, and that is the fact that it's the rich countries of the world that take the first seats in there.

Nevertheless, do not forget that the money didn't fall from heaven, they are collecting it from somewhere, and they are also the chief contributors there (where the loans originate from).

This means a win-win for them than how it looks on the surface.

First, let me congratulate those who bought Bitcoin late last year and in the wake of 2023, especially those who own/hold it. The last post-halving lowest level hit was in November 2023 at $15476, and such people might have struck it around that price or at a price around $16600 which is the 2023 opening price. As usual, 2023 is no doubt a dramatic year for Bitcoin as it had its fair share of both buy and sell moments, only that it was unable to hit back the opening price of the year, and with what I see now, it might not see that level again possibly till after 2025.

My quick monthly chart analysis reveals that Bitcoin started its bullish journey after bottoming at $15,476 and a trendline support close to that level was never broken ever again to date. Instead, a bullish price action formed above that level and the two bullish interpretations guided the market higher till this year amidst some turbulent rides as you can see with both bearish and bullish candles on the chart. The summary of the view this year judging by the whole candle pattern shows that it's all bullish. But this never hinted to me the assurance that Bitcoin might not know $24,750 anymore this year until there exists a double-bottom at the $24,750 and also a rekindled bullish price action right above the level.

For this, the recent bullishness might linger till next year, and I don't believe we would see the coin hitting $24,750 anymore in 2023.



A weekly chart Fibonacci analysis might have hinted at the bullish trend as well. Fibonacci prevented the market from buying for several weeks, but eventually last week, Bitcoin prevailed as it breached the weekly chart Fibo level of 23.6% at $27,952 and even had a close above the level. This, coupled with the bullish price action above the level, I believe Bitcoin could hit the Fibo level of 38.2% at $35,865 over time. This is what it would be determined to achieve in the remaining months of this year as it shies away from the prominent lower levels hit this year.

Some actions and inactions of Nigerian leaders are enough reason to weep bitterly for the country. Despite having everything, Nigeria is still lagging in and lacking everything, all they know is begging the international community that planned their affairs well for help like paupers. The mindset of most of our leaders is shallow, particularly those who are from the northern part of the country. Merely judging by the regular conduct and reasoning of the central and state governments by their belief that giving palliative could substitute for good policies and empowerment.

If it were to be a reasonable empowerment, it would have been good in which funds could be used for start-ups, help MSMEs and roll out initiatives and ideas that could help people to tap from and get to be self-dependent financially. But the reverse is the case of what we are seeing today, one is what you've highlighted from the Kano State where the government would organise weddings for people and give many gifts, thereby wasting state resources. Come to think of it, is it the responsibility of government to sponsor citizens weddings? This is a very big shame, and I wonder how the state would develop when their thinking is awkward.

Another similar event that has been happening for decades in all states of the Federation including the FCT is the government sponsoring Nigerians for pilgrimage. This is applicable to as many as possible that applied, thereby wasting state resources annually to the tune of billions of Naira on what doesn't concern the government. Other serious countries dare not do this despite being richer than Nigeria. This is so annoying, it is religious tourism for Christ's sake, and if you do not have the money for it, stay in your country, it's never by force.

They should have channelled this money into more productive things like agriculture and others. Imagine how this would have helped if states took it upon themselves to engage youths in agriculture with such a huge money wasted on pilgrims annually.

I will always pity Nigeria, there can't be hope in a country without visionary leaders, and this is why we find ourselves in an ugly situation.

If it's within the context of what you said and it's inside Nigeria alone, then it's very valid, and as a matter of fact, Bitcoin has started the replacement already. However, it would be a misconception and also misleading to give all the credit to Bitcoin as many other coins and tokens are being used for the same purpose.

This is especially for the fact that they have cheaper fees and faster transaction speed compared to Bitcoin. The world is fast-changing, and so are investments, banking and payments, the revolution is here and will help the masses in acceptability (no discrimination as we are equal before crypto), speed and fee, and reduce the dominance of fiat currencies and banks in the industry. It didn't just start now for those of us who have been living on the internet for long, and just like myself, I've been depending on cross-border payments for over 20 years, I feel the benefits, it's just a new and relieving experience now. Before, many countries and companies would discriminate against my country on the payment system I could use, for this, I was forced to be using bank wire for my transactions, and you know what that means. My money would be delayed for about 2-5 days before receiving it, especially when correspondent banks are involved. While the payment fee could be between $35-$59. This payment fee alone could sustain me in Nigeria for over a week, so Bitcoin and other cryptocurrencies are saviours in all ways you could think of it.

But the Nigerian government and the economy are feeling the heat now as many people have turned to cryptocurrency as their viable payment gateway. They send their money from wherever they are and exchange it through fiat which would not be accounted for in the economy. This is fast and convenient and makes more sense for the payers and the payees. It is also more secure as nobody in the country would know that any international transaction occurred, not to mention tracing it to any party. They would only see it as a local transaction that involves sending and receiving money between people of the country.

However, as this is a good development, it could also be hurting the economy as Nigeria is in dire need of Forex to save the economy.

You might want to rethink while considering the people in a poor country, it's easy to say when you are from a rich country, some don't just have a choice, BTT is a saviour to them, and that fact can't change. The poverty and suffering in the world are alarming, you might not know the joy in the OP expressing his heart and the environment he finds himself. However, the major advice I give to such like him is to use their earnings wisely. They should not depend on BTT for long, anything can happen, and they can use it to establish themselves with farming, investment or a small business.

Just like any earning means on the internet, BTT is a saviour to many including those who pretend it's not, especially those from poor countries.

You surprised me with this. Bitcoin handles that by itself through its anonymity and P2P initiative, and you use a VPN for the rest. Every country uses Bitcoin no matter the ban...That's a Fact!

You are on point my friend, human beings are too desperate and hellbent, and they use any available loopholes to perpetrate their deeds. Bitcoin itself is good, and so is the mixing of the coin (after all, it enhances privacy and anonymity where the primary design of the coin could fail).

But mixers also create avenues for bad actors, 100% of the people who use mixers can't be using them for good. We can suspect that with the cracks in hundreds of millions of dollars by various governments so far.

People are actually using mixers to perpetrate their evil, regardless, we can't blame the coin, neither can we blame the mixers, let the deeds of those who use them judge them for whatever thing they use them for (good or evil).

This is a typical way a merit source or sender should think and I appreciate you for that. We can't agree at all times, but if the person is constructive enough, I don't think any neutral person should deny the merit if it could be afforded. But unfortunately, a few would think like you and it's obvious everywhere in the forum. Even some would realize a post is constructive enough and even learn from it, but will still not give merit simply because such is not in their preference book.

Many things played out during the earlier days of Bitcoin that prevented people from benefiting from it. To some, it's fear, to some, lack of interest, and to some, it's the lack of information. As we know, information is power and it will definitely hurt such in that category since they might have all it takes to get on the train, but for that. All I can say now is that it's never too late, anyone can still have a taste of this general cake, and by now, I believe that tries should have convinced many, not that they would be finding excuses anymore. As for luck, well, we can say so but the affinity to take risks played more role here while luck finished the rest. People can still make about x5 of their income in a year's weakness through Bitcoin investment, so I urge them to do so now instead of crying foul later.

Well said friend! It's easier said than done for people as we are more emotional than we think, it's when we are in the practical light that we will know what we can actually do. Holding big money in your casino account and thinking you can spend it bit by bit on gambling might backfire. It's better to have it off the platform and send it bit by bit to avoid emotion.

If not, if you are losing, you won't know the time that you would want to take some revenge bettings, and that might be the end of the whole money in a few hours.

Money is, of course, the reason why we all trade but it would be disastrous for any trader to have their focus on it whether they are skilled or not. However, particularly to unskilled traders, learning is the key as you've said, and the more they learn, the better for them as it exposes trading to them and beats it to its simplicity over time.

Regardless of that, in addition, what I would advise the unskilled trader is that;

1. They should start small and grow it big depending on their experience.
2. They should trade only with the money they can afford to lose.
3. They must use stop loss and take profit features.
4. Their account must be well managed in terms of the money and risks.
5. They should avoid greed and overtrading.
6. They should always have their trading plan and never be overconfident.
7. And more importantly, they should have a working trading system.

The best Bitcoin pathfinder is you, but if you are not experienced, I'm so sorry, you would have to be tossed up and down like a leave being blown either way by the wind.

Many of these guys are privileged to be either rich, connected, vocal or popular, and this is making people place too much importance on them. No one is a perfect predictor of the market, which is why we need to be careful. Even at that, I see no reason why a good trader would call Bitcoin a bearish market recently, not even in the wake of the Israel-Hamas war because technically, it's bullish in the long-term, this is not hidden.

It's possible Bitcoin holds a bullish stance for the rest of this year, I don't see anything changing that for now.

 

I wouldn't blame this guy if he ever got the loan, I would rather blame the loaner.

Although the forum is an informal place where people don't have to know each other personally or with IDs before transacting, still, there are limits to what should be wisely accepted. And as you iterated above, the account is such that is not in a campaign or has any merit in the last 120 days, I wonder who would take such a joker seriously.

Well, those who say that gambling couldn't be taken as fun are liars because I'm a practical example of this. My reason is primarily based on the fact that I can't be rich with gambling, at least not as a thing I can hope on for riches, and if my little betting actually makes me rich when luck shines upon me, then I will accept it as my fate. This is why I never take gambling as what is so important to earn my living or a significant amount of money for me, but rather as something to kill boredom when beer, movies and other hubbies couldn't be seen as the best alternative at that time.

Really, gambling is fun, it all depends on how we take it, but it is burdensome to those who primarily engage in it simply for the money they want from it. Changing that mindset will change the whole perspective and with even a little amount, you can enjoy your gambling while you lose at times and win at times.

Thanks for sharing, but for me, I would need more facts before believing all these guys calling figures, and statistics calling are not facts until proven as such.  I know there are heavy long-term hodlers and investors which could explain why Bitcoin could hold some liquidity in hundreds of billions without blinking, but not that much.

Come to think of it, in 2021 at the AHT, Bitcoin hit a market capitalization of $1.28 trillion but later reached lower levels and was even lower in December last year judging by the price attained (I can't remember the cap then) before growing steadily again over time. And now, also with the help of the recent buying, it is at $581.5 billion according to Coinmarketcap.

If you plus, divide, multiply and subtract you would naturally know that 76% is not feasible since a drop from the ATH is way more than 50%. How could over 24% (100-76)% drop the market in liquidity as much as that if truly 76% ardent long-term holders are in for the entire coin in circulation?

I will always say that gamblers should first save themselves before they expect people to save them. As an adult, there are ways you don't live your life unless you are a fool, you don't live a carefree life and you don't do what you are not proud of. Fine, you gamble, but can you be proud of the addict therein? That's the first thing they must denote and take responsibility for, and I'm sure that it will be knocking their consciousness as they gamble if they keep reminding themselves of this. Finding help in gambling is secondary, those who are wise will not let it get to that level before they make amends. A very good way to avoid being engrossed in gambling is for you to be aware that it's not where you will be rich. This mindset alone might go a long way in restraining you from going astray.

We can't eliminate the importance of those who are impactful in catching spammers and cheaters, they are true heroes of the forum as long as they are true to the course.

And for others with "prominence" tags outside this, my research shows that some are truly deserving of it, but are very few. I checked a whole lot about many of them and it shows that their work speaks for them indeed.

But for most others, they are only lucky to join the forum earlier or have amassed many merits one way or the other, which is why they believe they are prominent, but I can't find anything outstanding they've done.

There is no need for this but thanks for the time and suggestion made.

For me, I don't believe there is anything different done elsewhere that is not being done at the gambling section, only that merit sources choose to abandon it simply because if not all, almost all of them are in mixers' campaigns and other campaigns that are not gambling.

This is why some of them even see the gambling section as an abomination and also preach against it which is supposed not to be so. It would have been different if it was only the casinos and sportsbooks we advertised here. That's human beings though.

Nonetheless, there are quality writers in the gambling section but they are only disenfranchised for that. Just like moderation, I think it's time that some merit sources are assigned to some specific places like the gambling section. It needs it so that good efforts are not wasted in the most active section of the forum.

Well said! The safety of the fund is important since if the fund is lost, the whole thing is pointless. I believe that there are different wallets and platforms with their different offers for security, all should be weighed and used appropriately. I prefer to use smartly combined passwords, email and SMS altogether and I've never been scammed whatsoever. It's also advisable that the gadget of your wallet is not the gadget that receives codes for your account verification.

Even before anything, as part of the measures for safety, the choice of wallet matters so much. The non-custodial wallet with open source is arguably the best, and if one must trade with a centralized exchange, trusting it with little funds is better and all possible security features are advised to be put on.