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381  Other / Off-topic / Re: Don’t play gambling with drugs or in half sleep on: February 23, 2024, 05:54:04 PM
In general dont gamble when you are not fully able to control yourself.
It is not limited to drugs or alcohol, but it can be in other situation as your have mentioned half sleep or other thing is like when we are emotionally bad due to personal issue such as relationship, jobs, or something else.
Controlling ourselves is important, it should be done before, during and after the gambling session to be better.
Some people may have good control before start but it may change completely during or after gambling so it can lead into something unexpected.

There are some activities that one should engage in when in the right frame of mind and gambling is one of them. Anyone who is under the influence of drugs or alcohol should go home and rest instead of going to the casino to waste money. Some games need a lot of concentration and I wonder how someone who is high on drugs will coordinate himself and gamble properly. I usually see drunk people in casinos and from close observation they are not in control of the game. Such a person might not follow his gambling plan and might play above their income. Itv also easy for a drunk person to be deceived or cheated by the casino or bet house attendants because they are not concentrating. I would rather go and play computer games when I am high rather than gamble.   
382  Bitcoin / Bitcoin Discussion / Re: 21 million of standard gold bars in the world. on: February 23, 2024, 05:29:07 PM
One of my personal assumptions is that Satoshi was orientating himself on gold. If you calculate how many standard bars could be forged from the total amount of gold on earth, you come up with around 20 - 23 million standard bars, depending on the source of information.

Of course, this is only if you add in the estimated unmined gold reserves.
You are wrong. Satoshi did not take any calculation from standard gold bar that can exist. After 2009, many gold reserves have been detected. Some countries that do not know they have more gold later detected that they have more gold. Also that any country can detect  gold reserve at any time. There are more gold that is existing that will be mined than those that have ever been detected.
OP would have graciously given us the source of his information and a proper analysis of his assumptions would have helped us to understand this thread. I am also confused about how he was able to know how many bars of gold would be gotten from the total amount of gold the earth has. Gold is a natural resource that cannot easily be quantified because there are always discoveries.  I read a report where 31 million tons of gold ore, from which an estimated 320,158 tons was discovered in Uganda in 2022. However, an estimate by the World Gold Council puts the figure at nearly 244,000 tonnes. 197,000 tonnes have currently been mined, while 57,000 tonnes are still unmined.

https://www.bullionbypost.co.uk/index/gold/how-much-gold-is-there-in-the-world/
https://energycapitalpower.com/5-biggest-gold-discoveries-africa-2022/

 
383  Economy / Economics / Re: If being a graduate is the key to being wealthy, why are there poor graduates? on: February 23, 2024, 04:52:57 PM
Being a graduate does not guarantee financial success and stability. However, once you’re a graduate, rest assured that you will receive bigger opportunities than those who did not managed to finish their studies. But, opportunities won’t make you rich because it’s all on the mindset and perspective of an individual that will make him rich. One can make a lot of money, if he really wants to make a lot of money. That alone can proves that if one exerts a lot of time and efforts to reach his goals, he will definitely achieve it. But if one tends to procrastinate things and create a lot of excuses, that means he’s no longer interested to become rich in the process. What you sow is what you reap.
We have to define what we mean by wealth. I don't think that being wealthy is when you have so much money to spend on luxury and pleasure. To some people to be wealthy is the ability to be able to provide what they need and also have extra to save and invest. The university is just a place to open the minds of graduates. It is a learning ground not just to get good grades and paper qualifications but to open students to innovation, creative thinking and problem-solving skills. So graduates should be able to come out of school with the ability to identify and solve problems. So every graduate should be dedicated, hardworking and persistent in his business, work or other endeavor to become wealthy.

Apart from employability skills, the university also helps to build good character. The certificate in the university is given after the students have been deemed fit in character and learning. So apart from developing skills every graduate should develop good character such as honesty, truthfulness, contentment, teamwork, accountability, etc. A good grade might give someone a job but it is a good character that can help the person sustain the job.  
384  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: February 23, 2024, 04:14:07 PM


Still remember mudryk price?
The most expensive player bought by Chelsea in the winter of 2022 will reportedly be sold by Chelsea next summer, In fact, Chelsea offered Mudryk to Bayern Munich last winter, but because of Mudryk poor performance with Chelsea so far, of course Munich has shifted the transfer target to Bryan Zaragoza, currently it looks like Chelsea has lost patience with Mudryk so according FOOTBALL INSIDER Chelsea will immediately sell him at the risk of a big loss, bought for almost 100 million euros but up to now Mudryk has not made a big contribution to Chelsea and instead Mudryk can only be a burden on the team, in Chelsea last 3 matches, Mudryk didn't even get a chance to play at all,so the issue of selling Mudryk next summer is getting stronger.
It's worth waiting to see what price Chelsea will set to sell their most expensive player in next summer, because I think if Chelsea don't set a low selling price then no club might want to buy him.

Source : FOOTBALL INSIDER
Mykhailo Mudryk is not the only Ukrainian who has struggled in Chelsea. Andriy Shevchenko was a record signing but he became a shadow of himself when he came to Stanford Bridge. He was seen as a player that can change the fortune of Chelsea but he has failed to live up to expectations with just four goals and five assists in 42 appearances. Chelsea had to muscle out Arsenal to sign this youngster and I know some Chelsea fans who celebrated this transfer in my area calling the striker a wonder kid.

But it seems Mauricio Pochettino have lost patience and  Raheem Sterling, Cole Palmer and Noni Madueke are now better players that the club might not need the Ukrainian. It is so sad to see that he will be offloaded at a discounted price and we hope to dart seeing prospective buyers of this player. He is still young and can improve in the future if he puts in more effort. It is also possible that he could improve if he plays under another coach.  
385  Other / Beginners & Help / Re: Start preparing for the next bear run. on: February 22, 2024, 03:46:48 PM
When it comes to bitcoin accumulation, whether you made it through bears or bulls, that’s always a good buy knowing the price of bitcoin will certainly increase in time. The best solution is don’t wait for the bear season to appear just to start buying bitcoin. If you have the funds at the moment, then buy now. We should always see bitcoin at a long term, not in a short term. Successful bitcoin investors never reach their position instantly, they waited for couple of years buying and hodling so they can enjoy the biggest profits they set as their investment goal.
Many of the people I know that want to buy Bitcoin now is because they want to make a profit in this bull run. They don't have much knowledge about Bitcoin investment but they are just following the crowd that thinks that they could just make fast money from the bull run. I stated in the OP that the best time to buy Bitcoin is when you can afford it especially if you want to keep your investment for a long time. Within this long period, one will definitely make some profit. The post is just a heads-up that we should plan for our Bitcoin Investment instead of joining the bandwagon of investors who are driven by FOMO.
386  Bitcoin / Bitcoin Discussion / Re: When will Michael Saylor and MicroStrategy sell BTC? on: February 22, 2024, 03:20:04 PM
  • What are your thoughts on the possibility of Michael Saylor and MicroStrategy selling Bitcoin during the current bull cycle's distribution phase?
Every institution has the right to do what they deem fit for their investment. Michael Saylor can also change his stance about not selling Bitcoin if he thinks it is time to make a profit. Currently, Micheal is still accumulating more Bitcoin for personal hodling after he showed interest in selling  $216 million worth of his shares MicroStrategy. 

  • If such a sale were to occur, how do you anticipate it affecting the price of Bitcoin and the broader cryptocurrency market?
Such kind of news might bring FUD to the Bitcoin market but the market will recover as usual. The price of Bitcoin might drop slightly, but it will recover after a few days.

  • Do you consider the actions of individual entities, such as MicroStrategy, when making investment decisions?
The actions of institutions like MicroStrategy are irrelevant when I am making my Bitcoin investment decision. Bitcoin is well well-programmed project that has an inbuilt recovery mechanism. The decisions of these major investors will just have an impact on the market in a short time. This why Bitcoin should be seen as a long-time investment, so that you can keep hodling even when the market is going down. 

387  Economy / Economics / Re: The influence of cryptocurrencies in economy on: February 22, 2024, 02:55:55 PM
The crypto currency doesn’t have a red carpet welcome when it enter the market.The bitcoin itself doesn’t have huge investors at the beginning,after the survival for certain period of time.The bitcoin had build their own trust among the users,the biggest reason is the Bitcoin was the decentralised cryptocurrency.So no one had control over the price of bitcoin,only the market demands define the price of bitcoin.When the bitcoin had huge demand we can able to get into the bull run,as we recently get into the 51k mark on the Bitcoin price.

Now the bitcoin and most of the cryptocurrency had huge trust by the people around the world.This was the biggest reason for bitcoin demand was increasing with the period of time.The bitcoin already crossed the decade of survival,So this was the biggest change in the current economy.Many people from the various countries use the bitcoin and cryptocurrency in some way either for the investment or for holding their assets in the digital form.This was the reason behind the government of various countries try to regulate to control the money flow in the market.
Bitcoin has grown over the years to become one of the leading currencies and investments. Before now, it was neglected and seen as a currency that would not last for a long time. But Bitcoin has proved these sceptics wrong because it has kept attracting personal and institutional investors. The decentralised nature of Bitcoin is what distinguishes it from other crypto and fiat currencies.

Bitcoin has helped individuals and businesses to build their finances, however, the effect of Bitcoin on the economy of nations is still sketchy. El Salvador is a case study of how Bitcoin can affect an economy, but we still need to give the country more time before will begin to evaluate how Bitcoin has contributed to the development of the country's economy.

Most unfriendly have failed to control Bitcoin because of its decentralised nature, but they have started making policies to regulate it. But as much as we keep using decentralised platforms, they might not be able to control Bitcoin.     
388  Economy / Gambling discussion / Re: Gambling for fun and not a way of making money on: February 22, 2024, 02:37:07 PM
You can by beer to have fun and not seeing it as a waste of money. You can give a friend little amount of money in a way he may want to give you back but you will not collect it as you see it as small amount, telling him it is a small amount of money. Only such money like that, that are small in amount set aside should only be used for gambling. That is the meaning. The fun you see there does not necessary mean fun. Just like an ideom.
People spend money just for sightseeing or tourism. There is no financial gain in visiting tourist sights, yet people still spend money because they see it as entertainment. The belief that people gamble mainly for profit is not totally correct. From observation, many people gamble for money but it is not all gamblers that have such an orientation. The population might be small but people still gamble for fun.

For me, gambling is both for fun and the money. I do not have any intention to go and lose money in the casino because I am not Father Christmas, I intend to make money. However, I do not see gambling as a source of income and I don't gamble with more than what I can afford to lose. If I win it is a lucky day, but if I don't I will comfortably bear the loss.       
389  Other / Beginners & Help / Re: Start preparing for the next bear run. on: February 21, 2024, 02:02:17 PM
From my little experience with the Bitcoin Investment system, the best time to buy the coin if you are targeting to make a profit in the bull run is during the bear run. The price is cheaper and you can make a good profit within the four-year circle.
Buying Bitcoin in a bear market is not always good and if you buy it at a start of bear market, you will buy it at very high price that is not too discount from all time high price. You can buy bitcoin in 2021 or 2022 with price is about $40,000 or $50,000 and it is not different too much than buying it in 2024.

Best time to buy Bitcoin in a bear market is after you see a bear market already lasts about 1 year and some more months like 1 year and a half or 2 years. It will help you to buy at cheaper price and save your waiting time for a next bull run.

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At this period you don't need to rush to buy because of FOMO but you can comfortably buy at your own pace using the DCA or other strategy that suits you.
I think it is still good to buy bitcoin if you believe it will break $70,000 and make its new all time high in 2024 or 2025.

You might be right but the idea behind the post is to encourage people to buy Bitcoin when it is cheap and they shouldn't wait until they see that the bull run is close or in the bull run. You will agree that it is better to buy when the price is cheap than when the bull run is already pulling the price high.

I don't also doubt your position that there is still room to buy at the current price and I encourage people who want to buy to do so. Some people might want to buy now because they didn't have money to buy when the price was low, this is understandable. The post is just a reminder that we should prepare to start accumulating instead of waiting for another bull run.
390  Bitcoin / Bitcoin Discussion / Re: Bitcoin and its impact on my life: A journey to a better tomorrow. on: February 21, 2024, 01:54:42 PM
In conclusion, with this contribution, I want to convey the following to people, especially those deciding to enter the world of Bitcoin: Educate yourself, stay informed, and don't panic. Only invest what you are willing to lose. I didn't come up with this advice; wiser, more experienced individuals did, and I listened to them. If you encounter any issues, reach out to people who understand it better and have valuable experience. I found support in the Bitcoin Community group on Facebook.

I wish everyone, especially those who managed to read this far, robust health!

Thank you, Satoshi!

Your story is motivation because you didn't allow your physical challenge to affect your future. Many people in your condition would have been in a state of self-pity, where they just keep on giving excuses and feeling sorry for themselves. But you took time to study how to invest, and you also summoned the courage to invest and it is now bearing good fruit. It is common to see people with disability in my country begging on the street because they feel that they don't have a future. But you are doing everything possible to gain financial stability.

Investing what you can afford to live without is also a piece of good advice because the market is predictable. From the information I have gotten these few years, I think Bitcoin should be seen more as a long-term investment. I pray that you keep making good profits that will make you live a more healthy and more financially stable future.
391  Economy / Gambling discussion / Re: Wednesday had been my bad day to gamble. on: February 21, 2024, 12:55:25 PM
Anyway, some will say it is just a superstitious belief but what if it keeps on happening?
How about you? Do you have that one day when you feel like you are not even winning whatever you do or whatever game you play?
I have not observed the outcome of my gambling according to the days. Usually, I gamble when I am not at work or free from family activities. But if I ever observe that a specific day doesn't favor my gambling activity, it will not be out of place to avoid those days. People might see it as superstition but if it occurs frequently, there might be a need to rearrange my gambling days. The majority of people I know gamble during weekends, maybe Sunday and Saturday look like a lucky day for many or it could be because it is work-free.
392  Other / Beginners & Help / Start preparing for the next bear run. on: February 21, 2024, 12:30:39 PM
I have observed that the rate of posts on buying Bitcoin in this bull had increased greatly. I once read that people are always attracted to invest in Bitcoin when the price is going high. We see more people buying Bitcoin because of the fear of losing out. I know that we can buy bitcoin at any price we can afford but it seems these investors are more concerned about this year's bull run.

From my little experience with the Bitcoin Investment system, the best time to buy the coin if you are targeting to make a profit in the bull run is during the bear run. The price is cheaper and you can make a good profit within the four-year circle. At this period you don't need to rush to buy because of FOMO but you can comfortably buy at your own pace using the DCA or other strategy that suits you.

My advice is that as you are targeting to sell your coins and make a profit also start planning for accumulation. If you intend to use DCA, start putting things in place on how to set aside funds periodically to buy Bitcoin. It might not be bad to start planning how to get an alternative source of income to enable you to engage in your accumulation process seamlessly. Buying Bitcoin during the bear market should be more appealing than buying when the bull run is already around the corner.
393  Economy / Speculation / Re: Capitalise on Bitcoin Bull Run on: February 21, 2024, 12:04:44 PM
Some people fail to understand that the bull run season is not the ideal time to buy Bitcoin. Indeed, the price of Bitcoin will still appreciate this year and earlier last year but the best time to buy if you want to enjoy the current bull run was before this year. By this time last year, Bitcoin's average price was $23,304.54 and there was no rush to invest in the currency.

We are expecting Bitcoin to get $100k but nothing is certain that it will get to that price, this is why it would have been better if someone bought when it was below the current price. Some investors that bought several years ago have even started selling because it has reached their profit target. As we expect to make a profit in this bull run, there is also a need to start planning for the next bear season.
394  Bitcoin / Bitcoin Discussion / Re: Is it too advanced to get into Bitcoin now? on: February 20, 2024, 09:34:42 AM
Did the Bitcoin flight already leave investors? or is there still time to buy a ticket?
Bitcoin is still a young Investment that has the potential to grow to an unimaginable height. You still have the chance to invest and make a profit in the future. Even if you don't make so much profit within the present having and bull run, you could hold for another four years. It is better to buy and hold Bitcoin before the halving or bull run year because it will be cheaper. Buying because of FOMO is not the best option but it is still better to be late than to lose out entirely.

My first investment in Bitcoin was when the price was about $2,000 to $4,000, and many thought the price was exaggerated. Today, we are trading at $50,000, and at the present time many expect the price to reach $100,000 before the end of this year or the middle of next year, so In terms of price, if your goal is a long-term investment, you are not late, but what is more important is that you learn the basics of trading and how to protect your cryptocurrencies.
I have heard people share the same experience that people thought Bitcoin was too expensive for them to buy. But many of them who were waiting for the price of Bitcoin to go down before they buy have missed out on the chance of making a profit. Many of them don't have any Bitcoin and I am sure they are regretting it.
395  Other / Beginners & Help / Re: Fixedfloat has been hacked, don't fall to phishing sites. on: February 20, 2024, 09:02:18 AM
Just a heads up...

Fixedfloat has been hacked yesterday, the real sites is flxedfloat.com and it's currently temporary unavailable.
The website is fixedfloat.com, you should correct the website in the original post.

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However there's a phishing site comes up using fixedlfoat.com domains.
Thank you for the information scammers will always use different opportunities to steal from people. They don't care if people have lost money, they still want to steal more from them. 

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This has been confirmed by FixedFloat's representatives too, if you want to choose swap exchange you can use eXch.cx or you can use other sites using bestchange.com

We have only one domain, all other domains are scammers. Be careful, our service is still under maintenance and we are not providing services yet.
This hack will affect their services negatively and they might not be able to come back very soon. They might be able to return if the funds are recovered, without that $26 million is too much to lose and can easily lead to bankruptcy. This is another warning that keeping large funds in exchanges is risky.
396  Economy / Gambling discussion / Re: Gambling friendly countries on: February 20, 2024, 08:36:53 AM
There is non tax charges on gamblers in my locality except for lottery winners.
The only Gambling personells that are charged to pay taxes are the gambling bookmarkers because they are strickly out there for business unlike individuals that stakes their personal funds in chasing either profits or funs.
In some countries, casinos are mandated by the government to collect taxes on their behalf. You might assume that gamblers are not taxed but their tax is indirectly by the casino to be remitted to the government. However, in some other countries gamblers are expected to fill their tax returns including incomes from gambling.

In my country, you can also include your losses in casinos in your tax returns and it can be categorised as tax reductions. So you can deduct your losses from your tax payments and pay the balance. This practice makes the tax system fair to gamblers.   
397  Bitcoin / Legal / Re: American banks require permission from the SEC to store cryptocurrency on: February 20, 2024, 08:23:31 AM
Banks in the US have been obstructing the development of the Bitcoin ecosystem in the US for many years, but after the adoption of the Spot Bitcoin ETF, there is no point in this confrontation. If banks used the services of organizations to lobby their interests to become custodial holders of Bitcoin, then according to US law this is possible.
The approval of Bitcoin ETF has changed the tide in the Bitcoin ecosystem. Many of these anti-Bitcoin forces have no other option but to look for avenues to make money from the sectors since they couldn't stop its institutionalization in the US financial sector.

The US banking sector is even coming late into the crypto custody services business because some top banks in Europe have already offered custodian services to customers. Banks like Deutsche Bank and Credit Agricole's CACEIS are already major crypto custodians in Europe.

The SEC might approve this application but it will come with strict regulations. They will have access to the personal details of depositors and they might also restrict the amount or worth of cryptocurrencies these banks could keep.

398  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: February 19, 2024, 07:28:00 PM
Rayo Vallecano is not the opponent who should take points away from them, but this also happens, you won’t be able to win all the matches. But since Girona have lost too many points in recent matches, this draw did not change anything for Real. By the way, Girona will also have a very difficult opponent today, although I believe that Girona can beat them. Everything will depend on the mood of the players, how much they still believe that they can continue the fight against Real Madrid.

To be honest I doubt Girona can play optimally today because they don't have any target, when Real Madrid had secured the title this season, Girona only hoped for tickets to the Champions League and we know Girona is in the right place, Athletic Club deeds 10 points to take over Girona position therefore the results of this match will not have an impact on Girona's position. But my prediction in this match is both teams will draw maybe with a score of 1-1 not sure one of them will win playing safe will be better.
I don't understand what you meant that Girona doesn't have a target because each club has plans and targets to have a good result from every game. Judging from these club's past five games Athletic Club has a better history. They have gotten ten points in these games losing just one, while Girona has gathered eight points and lost just one match. A win might not make the visitors overtake the host but it will contribute to the process of overtaking them. Athletic club will be at home in San Mamés which might be an advantage because of massive fan support but Girona will put up a good fight to at least maintain their second position. Both teams are in the same class based on current performance so the likelihood that it will end in a draw is also very high.
399  Economy / Reputation / Re: Plagiarist DiMarxist is back. No signature ban? on: February 19, 2024, 07:08:50 PM
I am just returning to the forum and make your judgement from here.

DiMarxist
My candid advice is to move on with your activities on the forum. You have been given a second chance to contribute to the forum and I don't think you should engage in all this drama. BlackBoss_ thinks you should have a signature ban just like other members who were pardoned but fortunately, you don't have such restrictions. The administrators of the forum might have a reason for sparing you, so I suggest you think of ways to justify that you deserve this magnanimity and not come up with counterattacks that will do nothing but tarnish your reputation. The originator of this thread only stated his opinion and I think he has the freedom to do it. I know you also have the right to respond but I think you should just move on.

Could you please reduce the size of your image? Thank you.
400  Economy / Speculation / Re: Will BTC hit 1M ? on: February 19, 2024, 06:53:26 PM
Most of people want microwave results and most of them are not patient
It is Clear that bitcoin will be the only Currency for payments
Like there will be no Cash or VISA
Anyone impatient is not qualified to invest in Bitcoin. This is why most people decide to invest in projects that promise them instant profit because they are not patient enough to wait for Bitcoin to appreciate. They prefer to invest in rich quick schemes that could make them lose money due greed. I don't know how you concluded that Bitcoin will be the only currency in the future because my stance is that it will always be a viable alternative. I think people will keep using fiat side by side with Bitcoin.

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You can clearly see here on Bitcoin Rainbow Chart https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
That soon will hit 100k EZ and to 1M on Future
Bitcoin price is unpredictable but there is a possibility that it could get to that amount this year or early next year. We are expecting it to beat its ATH and hit a new benchmark.

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Be a Smart and Wise person Invest an amount for your Children Future on a Cold Wallet and never move those coins till your kids finish High school
So like 15-20 Years from now !

Many people limit their profit by not taking the right actions but trust me every penny worth
Even if u have low budget to invest for your kids do it , and save it for more than 15-20 years
e.g if u put today 100$  on BTC to save for ur Kids future , when they are 20 years that 100$ will go up and down in hours as bitcoin will hit High price

Dont be blind open your eyes

Banks offer special savings accounts for children. Most parents have stranding orders in the banks that automatically transfer funds to their children's savings accounts at the end of the week, month, or year. I would prefer to use DCA to save money for the future of my children than to put it in banks. Fiat currency loses value faster and it will gradually become worthless in the future. But in 12-18 years, the profit from Bitcoin will be massive.
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