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3741  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: August 09, 2021, 03:02:19 AM
I'm looking at the defending champions Lille still retaining the title. Contrary to public opinion, I don't think  Paris Saint-Germain  can take back the crown irrespective of their new sign-in. Truth be told PSG has a lot of star players like, goalkeeper Gianluigi Donnarumma,  Georginio Wijnaldum, Sergio Ramos,  Kylian Mbappe, Neymar and Angel di Maria. Yet, it has been said that a team full of stars doesn't actually make them champions. It takes more than that. On the other hand, although, Lille lost their goalkeeper Mike Maignan to AC Milan, they are still my best bet to win the league.
3742  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: August 09, 2021, 02:43:26 AM
Napoli is my favorite team in this season. With Victor Osimhen who's already doing some fantastic work finding the back of the net. I'm hoping that  Luciano Spalletti will keep Osimhen in the starting eleven permanently. Napoli is extremely unpredictable and their style of  play which is very offensive and diverse can't be compared to any of the other Italian clubs. They are serious contenders for the league title and should neither be overlook or taken for granted.
3743  Bitcoin / Bitcoin Discussion / Re: Buy Low, Sell High on: August 09, 2021, 02:40:35 AM
This is really funny. The best advice I give folks out there irrespective of the market price is to set aside a small percentage of their monthly income to invest in cryptocurrency. It doesn't matter whether the market price is high or low. What matters is gaining consistency over time. And before you know you they've built up a massive wealth empire. Julia A. F. Carney wrote in her poem on little things, " Little drops of water makes a mighty ocean".
3744  Economy / Economics / Re: Bitcoin as a speculative asset or as currency on: August 08, 2021, 04:23:11 PM
This topic has been up for debate for a while since as to whether the original purpose for the creation of bitcoin is for it to be a currency or an asset as many see it to be today. But truth is the original creator of bitcoin, never intended for it to become a speculative asset as many see it today.

In my opinion, because of the decentralised nature of bitcoin, it was created as an alternative mode or currency that offers its users freedom from the centralised nature of the governments fiat. But as a result of its ever fluctuating value, folks have now turned it to a speculative asset.

As of now, people prefer to HODL their bitcoins rather than use it as a medium of exchange (currency).
3745  Bitcoin / Bitcoin Discussion / Re: What happens to the coins after your death ? on: August 08, 2021, 02:32:35 PM
Because of the nature of cryptocurrency, if one doesn't make proper plans as one does for his assets after death, it may either be lost permanently or squandered.

It may be lost in the sense that if his passwords and keys are not properly documented and kept safely, nobody will be able to gain access in the sad case or scenerio of death.

It may be squandered and sold off quickly also if it was documented and passed on to someone who has little knowledge of the importance and future of cryptocurrency and is just shortsighted.
3746  Economy / Gambling discussion / Re: (Olympics Boxing) Carlo Paalam vs Galal Yafai (Fight for Gold Medal) on: August 08, 2021, 07:44:11 AM
Although Paalam has already lost to Yafai, he is a promising champ and has a very bright future in the ring ahead of him. At 23 years of age there's still so many titles ahead for him to win. Who knows he might just be the next gold medalist in the next Olympics. I think he should go back home and do an AAR (After Action Review) to know when he can and should make improvements. Paalam will go far.
3747  Economy / Gambling discussion / Re: Primeira Liga (Portuguese League) 2021/22 Season on: August 08, 2021, 07:31:31 AM
From my analysis, Porto is a good team and this season they are set to make a come back. Although they finished five points behind Sporting Lisbon last season, I believe that Sergio Conceicao has some new tricks up his sleeves to make the regain the trophy. I am not at all perturbed by Sporting Lisbon opening victory, the season is still long.
3748  Bitcoin / Bitcoin Discussion / Re: Do you worry about not being able to convert BTC to fiat in future on: August 08, 2021, 07:25:26 AM
Good to know that you received a portion of your income in BTC. I read somewhere that some other companies pay staff in their own company's token rather than in Bitcoin, which I also encourage. An example is TenX, a blockchain technology firm that pays staff their monthly bonus in Pay tokens, the firm's own digital currency.

BTW, I'm curious, do you pay taxes on your Bitcoin?
3749  Bitcoin / Bitcoin Discussion / Re: Why should you own at least one Bitcoin? on: August 07, 2021, 06:06:44 PM
Not everyone has a goal of owning 1 BTC. Ideally, the rationale behind it is good but in reality it is not a solid financial advice at least not for everyone. I think what people should do is to plan to invest a small percentage of their monthly income. This is for those who are not day traders. Weather there's going to be an economic crisis or not humans will be fine and will also do quite well with or without ownership of 1BTC.
3750  Economy / Gambling discussion / Re: Germany League - 2nd Bundesliga Prediction Thread on: August 07, 2021, 06:02:25 PM
To stand a chance to be promoted, Hamburg SV will have to work very hard to win this season. If not they risk going to relegation. They are already looking good on the table. Their attacking down the wings is strong however they must work on stopping opponents from creating chances. Well who knows they might just win the league.
3751  Economy / Economics / Re: When debt is an asset on: August 06, 2021, 09:44:43 PM
One thing I know is that debt is not always a bad thing as has been portrayed by the society. The right kind of debt has its advantages, of course when used by the right person. I read somewhere that, “net worth and debt are positively correlated: the more debt a household has, the more likely they are to have substantial financial assets.” However, this applies to good debts only. Good debts are assets for example durable investments in a house, a business, or a college degree which in turn make the individual profitable in the long run while on the other hand, bad debts drags the soul of the debtor to the ruins of extreme poverty.
3752  Economy / Gambling discussion / Re: Ethics of boxing and gambling on: August 06, 2021, 09:42:36 PM
It’s a crazy world out there. Folks don’t care if you punch the opponent to death. As long as they get entertained and win some cash while at it.  I mean the thrill people get both from watching and betting on this type of competition is almost as old as humans. The Roman gladiators would almost always fight to the death. Boxing, MMA, and other forms combat sports can be likened to it.
3753  Bitcoin / Bitcoin Discussion / Re: Saudi Aramco, world’s 3rd largest company, plans to start mining Bitcoin? on: August 06, 2021, 09:34:51 PM
I knew that just like Amazon’s this was just a rumor propagated by bitcoin advocates to cause an increase in the prices of bitcoin. Just like the UK, Saudi Arabia authorities has already painstakingly pointed out the possible red flags of buying or trading Bitcoin. They don't support it in the first place so I personally didn't see any reason why Aramco was going to either. I’m sure that very soon someone will say that Exxon will venture into bitcoin mining just to shake the market.
3754  Economy / Gambling discussion / Re: Cryptocurrencies price and their effect on gambling industry on: August 06, 2021, 07:15:12 PM
Bitcoin staggering volatility is a double-edged sword. That’s why I believe that online casinos see it both as a payment system for electronic transactions as well as a cryptocurrency that enables investing. They understand that it is an incredibly fluctuating market therefore, they have no other option than trading in it. They'd always keep an eye on the forex trading market to watch out for any change in its value.
3755  Bitcoin / Bitcoin Discussion / Re: Increasing acceptance level - Cryptocurrency on: August 05, 2021, 09:55:00 PM
Whether this is true or not, it is a good and positive thing for Bitcoin and cryptocurrencies in general. First, the average Joe now has some good idea about Bitcoin and cryptocurrencies. Second, folks now believe in the future of this digital asset for massive wealth creation. On the other hand, if this isn't true, then at least we have seen that it is possible that these  guys can someday accept payments in Bitcoin in exchange for transport services offered. We can begin to think about building a structure around it that will service these folks who are at the lower echelons of society
3756  Bitcoin / Bitcoin Discussion / Re: Bitcoin security in the long term on: August 05, 2021, 09:52:48 PM
Hypothetically, miners will continue to secure the network and get paid with transaction fees once the last Bitcoin is mined in 2140. And all transactions on done on the blockchain will still continue to be recorded by the nodes. Well since we all we'd be dead by then, it's something I don't want to worry about for one second 😁
3757  Economy / Gambling discussion / Re: Accumulating small odds or choosing one or two big odds on: August 05, 2021, 08:24:19 AM
It is a better option for me to pick one or two big odds and place a bet on them with a substantial amount rather than pick multiple small odds and gamble with a small amount.

My reason is because i feel like i should be able to predict the outcome of two or three fixtures correctly and get something good rather than trying to get the outcome of multiple games at a go. It is true that sometimes people win, but the chances are Slimer and sometimes a stroke of luck.
3758  Bitcoin / Bitcoin Discussion / Re: How did you first hear about Bitcoin? on: August 04, 2021, 08:31:04 PM
I first heard of Bitcoin in 2016 as college undergraduate. Someone had been invited (not by the schools' authorities) to speak to the students about it. Then, It was never of any concern to me. I just wanted to study and make good grades. To make a long story short, I picked up interest in it 2years ago when it felt like I was missing out. So I became curious. I'd surf the internet to get information on it even though I didn't understand the technical terms. I'd listen as my friends would talk about Bitcoin. I remember I had a friend who at that point got people to invest in Bitcoin and after sometime they'll get a certain percentage (this business crashed and he was almost sent to jail).
3759  Economy / Economics / Re: New regulatory law to allow funds in Germany to hold up to 20% in crypto on: August 04, 2021, 08:27:50 PM
I'm here thinking, why's Germany's Central Bank not going the way of China and Vietnam to create their own CBDCS? What qualities do the German lawmakers possess that's lacking in the leadership of other countries where cryptocurrency is being bastardized? Although this is just at the experimental stage, it is a very welcome development. Well, one thing is sure  the world is watching and they will either take a cue from Germany if all goes well or they'll find more reasons to oppose the ownership of cryptocurrency assets. One country at a time Bitcoin will soon find it's way into the hearts and minds those who seek to kill it's acceptance.
3760  Bitcoin / Bitcoin Discussion / Re: I feel like there is no way to keep up on: August 04, 2021, 07:30:51 PM
I like your approach to this- buying periodically and hodling. It's a viable strategy for accumulating wealth. I guess that your investor personality type is that of an "The Adventurer". You have gone all in and you're even willing to "invest more heavily into alt coins". You are willing to take the risks and not take any advice. Your core beliefs about cryptocurrencies is your driving force. And the truth is you'd either make it big or learn from your own experience.

I'd like to ask, presently is having 1BTC too high a goal that it may not be achievable or attainable by just the average Joe?
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