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361  Economy / Trading Discussion / Re: Why most of Exchanges FAIL ? on: April 12, 2024, 08:45:23 PM
Exchanges fail basically due to two primary reason one is Bankruptcy as you mentioned and other one is hack that affects the users funds too, hackers always targetting the crypto exchanges and if they see any vulnerability in their security system they will drain millions in split second and after that the recovery is close to zero.
When an exchange gets hacked, it's hard to trust them back because if they don't do anything to improve their security. The trust of their users will be lesser.

But with the popular ones like Binance, despite the hacks that has happened to them. It's just that CZ was too good in confirming the funds of users are safe.

Without him saying that, people will lose confidence on them.
Binance made the hacks to look like it doesn't affect at all and to an extent further they went ahead and forced the hacker to refund the funds by tracking immediately and blacklisting the address from every platform but it isn't case with every exchange, they will not able to get back again once their funds were drained.
Luckily, they've got the funds and reserve and that's why where the "SAFU" started. And that had gained the confidence of most of their users.

Hardware wallets are the best for long term storage rather than exchanges, I always do that and never store too many valuable assets on exchanges.
I reckon, hardware wallets are the best if we're going to store crypto and won't touch it for years than the exchanges.
362  Economy / Trading Discussion / Re: Why most of Exchanges FAIL ? on: April 12, 2024, 12:33:23 PM
Exchanges fail basically due to two primary reason one is Bankruptcy as you mentioned and other one is hack that affects the users funds too, hackers always targetting the crypto exchanges and if they see any vulnerability in their security system they will drain millions in split second and after that the recovery is close to zero.
When an exchange gets hacked, it's hard to trust them back because if they don't do anything to improve their security. The trust of their users will be lesser.

But with the popular ones like Binance, despite the hacks that has happened to them. It's just that CZ was too good in confirming the funds of users are safe.

Without him saying that, people will lose confidence on them.
363  Other / Off-topic / Re: Which blockchain on the market are you most optimistic about? on: April 12, 2024, 11:17:40 AM
As much as I want to stay with Bitcoin-blockchain but the ordinals did spammed the network and caused a lot of trouble to all of us and made the fees quite high.

I am not an extended investor of these altcoin blockchains but I think the one that's getting all the credit and hype now is SOL. But I am not saying that I am optimistic about it.

I'm just acknowledging what it is having this time.
364  Other / Off-topic / Re: Why family and social problems are increasing in our society? What do you think? on: April 11, 2024, 11:55:16 PM
Easy, social media.

The society that's very focused on what others going to think of them is what has been injected to the minds of the people nowadays. Thanks to the help of social media.

It has a set a new standard on how we should live as many contents are in the family and social problems seem to be a norm like divorce, breaking up with girlfriends/boyfriends and being rude to everyone.

Flaunting and flexing culture that have been spread did all of these, thanks to all of those irresponsible influencers that likes to eat views and likes, reactions on their feeds.
365  Bitcoin / Bitcoin Discussion / Re: Crypto or Real estate on: April 11, 2024, 11:21:59 PM
if you have the possibility to have both it is the best..
Many are maxis and won't say a thing about real estate but the winner is the one that owns both.

These are the great assets but to say in general about crypto, there are various options that might mislead the rest. So, with this then it's going to be Bitcoin and real estate.

The combination of these assets is gonna make you financially free and wealthy, no doubt. But it depends on how much Bitcoin you own still.
366  Economy / Economics / Re: Marketing Strategies in the Digital Age on: April 11, 2024, 10:44:43 PM
That's true, there are many large companies that hire famous figures to promote their products, and of course this is to attract lots of social media users, because nowadays social users are everywhere, and the majority of people nowadays spend their daily lives using social media. using the internet and social media.
That's influencer marketing and it's very effective for many of the brands that has their influencer that has huge following on their social media accounts.

It's expensive but at the same time, that gives exposure to their brands at the best rate that they can depending on the brand deal that they've closed with that influencer.

But if the influencer is also an actress or celebrity, make it more than the actual fee that they pay from the typical social media talent and influencer.
367  Economy / Gambling discussion / Re: Is Gambling A Hobby? on: April 11, 2024, 10:15:44 PM
Any activity that you engage with can be a hobby. So, as you do gambling activity and you're happily doing it and does it at most times then that's certainly is a hobby.

Those that say that it's not a hobby, well, that's their opinion and we wouldn't meddle with what they think because they shouldn't also with ours if we think and say that gambling is no doubt a hobby.

If smoking can be said to be someone's hobby then why wouldn't gambling be ? Any activity that you do that can happily consumer your time can be said to be your hobby so I also believe gambling is an hobby for some persons but I wouldn't count myself among those who have it as one. For me gambling is something that should even be rarely played just atleast to relieve yourself some kind of stress and thinking maybe.
Yeah, and that's why gambling is a hobby that everyone does.

Those that are saying that it's not, they have their own opinions for it but we just can't understand why they think so. But maybe, there's a chance that they've got a bad experience on it.

And that's why they're discouraging people from doing it as a hobby.
368  Economy / Gambling discussion / Re: Is Gambling A Hobby? on: April 11, 2024, 09:32:58 PM
Any activity that you engage with can be a hobby. So, as you do gambling activity and you're happily doing it and does it at most times then that's certainly is a hobby.

Those that say that it's not a hobby, well, that's their opinion and we wouldn't meddle with what they think because they shouldn't also with ours if we think and say that gambling is no doubt a hobby.
369  Economy / Economics / Re: Will inflation become big challenge for retired people after 10-20 years? on: April 11, 2024, 08:57:24 PM
Sure it will.

How much the pension right now will be lessening its value and purchasing power in the next 10-20 years. So, if there's no gain with the amount that they're receiving as pension then the things that they can be bought will also decrease.

This is the sad reality about life that when we grow old if we're going to receive $1k-$2k of pension monthly, how much it will be in the next decade or two.

Most likely the purchasing power of it might be like $500 or even lower at that time.
370  Economy / Trading Discussion / Re: How To Make Money Trading, Even When You Are Wrong on: April 11, 2024, 08:27:21 PM
Even doing wrong? He might be wrong in some trades and tried to recover in the next trades that he does.

I used to feel sorry for people paying to buy losing signals. Now I think they just deserve it.
They never listen to the real advice that don't buy those signals because the signal is actually making them the product of their own. While whoever spreads the signals give them that opinion of his about the market.

So, it's like paid market research for the lazy ones.
371  Economy / Gambling / Re: Casinos not asking for KYC to register and play, but do require it to withdraw on: April 11, 2024, 07:58:43 PM
You're only looking at the part that the casino might cheat you. But most of the casinos nowadays will ask for your kyc when your withdrawals are enormous.

Most of the gamblers don't like to process with the verification but many of us as well have just accepted it as if it's a normal thing.

And about the casinos that I am telling as a scam, it's totally about them being a scam and won't allow you to withdraw and not to cheat on a fair play.
That`s why i several times said here that the problem is that the KYC is not during the registration. But we can`t do anything with it - the main part of casinos use this cheat and it is a problem to find casino, where you can KYC when you want.
Ahh, so that's the cheat that you think they've been doing. It's not actually a cheat but when you register, you should be aware that they can change their rules and terms anytime without any notice.

As i said - i decided this problem with several small withdrawals when i just started. After one of them the casino mostly KYC me.
This is what actually happens. But what is that small withdrawal that you've requested? Because those casinos that promises no kycs with small amounts shouldn't ask that.

So, I get it now why you're saying this is the cheat or scam that they do out of your frustration.
372  Other / Off-topic / Re: Newbie on: April 11, 2024, 12:22:11 PM
Hello Everyone,
 I'm new to this platform, please guide me.
Hello and welcome!

Please go to the Beginners and Help --> https://bitcointalk.org/index.php?board=39.0

There are a lot of threads that you will find helpful for your guidance there.

And don't forget to read most of the pinned post there as they're going to be needed for you to understand more about crypto and the forum.
373  Economy / Gambling / Re: Casinos not asking for KYC to register and play, but do require it to withdraw on: April 11, 2024, 11:13:21 AM
You're only looking at the part that the casino might cheat you. But most of the casinos nowadays will ask for your kyc when your withdrawals are enormous.

Most of the gamblers don't like to process with the verification but many of us as well have just accepted it as if it's a normal thing.

And about the casinos that I am telling as a scam, it's totally about them being a scam and won't allow you to withdraw and not to cheat on a fair play.
If you are a citizen of a nation where the casino operates and sends your withdrawal through a centralised system that is linked to a bank and are accountable for, the casinos may not even ask for your KYC forever. Do you know why? It's because if a person could have a bank account or a credit/debit card that was issued by a viable bank in some countries, the issue is almost entirely solved. Just like in my country, you can't operate a bank account without your BVN and NIN, and these two are powerful enough to trace you at any time because they have all your details as possible as it could, including your entire biometrics.
Why talk about bank account where you're a crypto gambler. I know that there are gamblers that still does their deposit through their cc or bank deposits but most of the banks are refraining their customers to do transactions related to gambling.

But for your last paragraph, whose side are you? Casinos can cheat their customers while playing or deny withdrawal, the two are common, so we should just pray we are not a victim and try our best to gamble with the right casinos.
I am on the side of who's right, whether a casino or a player, we're all on the same side and that's about being fair to all.

While we see some players that do complain about being cheated by the casino. In many cases, there are investigations given that these complainants were the one that actually cheat the casinos system.
374  Economy / Gambling discussion / Re: 2024 NBA Season on: April 11, 2024, 10:34:26 AM
Suns are in trouble, they can't beat a Clippers without their starters, what a joke.
Haha, it's the hot talk in the internet now but that's actually a compliment to the Clippers. But preparing for the seed game will have them take their starters and key players need to take a rest.

As for the Lakers and Golden State Warriors. Wasn't it, it was the same last season that they're on the same seed or bracket?
375  Bitcoin / Bitcoin Discussion / Re: why not a new one? on: April 11, 2024, 09:56:52 AM
Well, if BTC is no doubt the best.

There will be the enthusiasts think that they can create better. Instead of contributing to the development of the actual BTC, they want to prove that they're better than the others and the one existing.

But it's not going to work and no can do with that because whatever the community dictates, it's here to stay and that's the king which is Bitcoin, no other than that, no fork, no altcoin.

Then can I earn in BTC if I contribute enough or anything on this platform or does it just depend on the fact that no one is ready to donate anything. (Q)—> if I want to do some work for someone, can be anything, where can I find myself to be open for work to earn some BTC, you know like saving some BTC for myself.
Check out the services section, there are people offering service and campaigns are out there for you. You don't earn in Bitcoin but you earn it from someone else in exchange of anything.

There are also websites like --> https://www.reddit.com/r/Jobs4Bitcoins/

You can search for the other marketplaces where clients and workers method of payment is in Bitcoin.
376  Other / Off-topic / Re: Dream became real with actions on: April 11, 2024, 09:01:48 AM
Don't think of any other people, think only of yourself and how you're going to survive in this world. It's sad when we say that we're just here to survive but you're not enjoying it.

So, forget about competitions. Even as it is with yourself, much better to enjoy every single second of your life because even with actions, and your dreams become true.

Where in fact that we don't hold the future and time, we don't know what may happen to us before and after we reach goals or we may not even reach our dreams because time may take our lives in an unexpected moment.
377  Other / Off-topic / Re: can someone help with this? on: April 10, 2024, 11:45:22 PM
If your post was removed or deleted, it means that it's either reported by someone and found it to be low quality, no value or off topic.

I just have this one doubt please help me with this, if i want to share a series of posts like a storyline, cant i do that?
As long as it's shared or posted on the right thread and section. Otherwise, when your posts are removed, just move on and post better next time.
378  Bitcoin / Bitcoin Discussion / Re: why not a new one? on: April 10, 2024, 11:16:22 PM
Didn't we saw that already with "forked" Bitcoins? Solving all of those issues that they don't like about Bitcoin, telling to upgrade it to become better.

What they did ended up?

They ended up being shitcoins of the market and they've never been popular again. Bitcoin is Bitcoin and there's no need for any replacement of it and some developers trying to do the same thing and keep the features that it's got because it will never make it the same as the actual BTC that we've got.

That's true! How many projects have tried their very best to create a much "better" coin than bitcoin? And yet, they are nowhere in the market right now. Those forked bitcoins are just trying to survive. Bitcoin Cash and Bitcoin Classic are just few examples. Though they are still in the trading market, but the eyes of crypto users are mostly in bitcoin. Hard to hold long-term these forked bitcoins because the risk is quite high on these coins.
Well, if BTC is no doubt the best.

There will be the enthusiasts think that they can create better. Instead of contributing to the development of the actual BTC, they want to prove that they're better than the others and the one existing.

But it's not going to work and no can do with that because whatever the community dictates, it's here to stay and that's the king which is Bitcoin, no other than that, no fork, no altcoin.
379  Bitcoin / Bitcoin Discussion / Re: why not a new one? on: April 10, 2024, 10:51:08 PM
Didn't we saw that already with "forked" Bitcoins? Solving all of those issues that they don't like about Bitcoin, telling to upgrade it to become better.

What they did ended up?

They ended up being shitcoins of the market and they've never been popular again. Bitcoin is Bitcoin and there's no need for any replacement of it and some developers trying to do the same thing and keep the features that it's got because it will never make it the same as the actual BTC that we've got.
380  Economy / Gambling discussion / Re: Double your money and quite on: April 10, 2024, 10:18:54 PM
Change your title, quit not quite.

What do you think of this method?
As long as it works, it's good.

Is there anyone among you who does it?
Probably, most of us did this but doubling the bankroll that you have started is somehow hard to achieve sometimes.

Give us one of your winning strategies, of course if that is possible.
No exact winning strategies, just withdraw when you're in profit and that's the best and winning strategy that one can do.
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