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381  Alternate cryptocurrencies / Altcoin Discussion / Re: TRON is bad coin, here is why on: December 06, 2023, 06:42:14 AM
Technologically Ethereum is much more advanced than Tron. But Tron has strong marketers. I think that Tron is still afloat thanks only to the managers
And actually Tron has advantages in transaction speed and also cheap fees. So I don't see that tron ​​is a bad project. I feel that this project is actually the strongest to survive in any market situation. Even in a bear market we see tron ​​holding up well. They didn't experience much of a decline. I personally don't invest in tron. But I quite often use it for asset transfer transactions from one exchange to another. Because the fees are cheap and the transaction speed is quite fast. And it is available on almost all exchanges.
This two features of TRX  that is fast transaction speed and cheap transaction fee outweighed that of Ethereum in all ramifications, though many project developers adopted Ethereum network for their transactions yet TRX is still the best especially when transacting USDT as compared to ERC which has a very high fee, investing in Tron isn't the issue here but the usefulness of it's features had a great impact in cryptocurrency with regards to it transaction and cheaper fee, I don't know why the OP has decided to downgrade TRX among other networks probably because of its price which hasn't experience tremendous growth compared to the price of Ethereum.
382  Local / Off-topic (Naija) / Re: Selfish Nigerians on: December 05, 2023, 08:20:12 PM
That is naija factor for you they are always ready to give you fish but will never teach how to fish, I think whenever you have the opportunity of reaching him try to get one or two clues from what he is doing to earn a living once you do that you can use the internet to get more information, he may be into programming, trading and any other internet related stuff, however even if you got to know his source of income and got interested in it, don't you think it would affect your academic work? If not you are good to go else you should concentrate on your studies as your priority while during school holidays or break that is the most appropriate period to learn a new stuff.
383  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin transaction time reduce in future? on: December 05, 2023, 05:01:14 PM
instant transaction? it's never ever impossible in bitcoin transactions. because minted per block to take time minimum 9 to 10 minutes.
may be you didn't transact with average fees that's why your transaction are not confirmed in 1-3 hours.
now bitcoin network is highly congested, so very low fees transaction will take to complete even a week.
Normally 9 to 10 minutes minting of block is okay for a normal transactions now with the influx of ordinals into the Blockchain the network congestion had been enormous and very frustrating for sending Bitcoin with a lower fee, last week I personally experience this issue of non confirmation despite using BTC acceleratior until I unwillingly increase the fee before I got the first confirmation, I think this issue has to be resolved once and for all for Bitcoin to gain more global adoption else it would be difficult to adopt Bitcoin as a payment gateway if low fee transactions would take almost a week before confirmation.
384  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: December 05, 2023, 03:28:12 PM
I'm not worried about Arsenal match with Luton the match that I was feeling scary was Arsenal match with wolves but with the nature with which Arsenal played wolves and won them right from the first half I believe Luton's match isn't gonna be an exemption because Wolves who is stronger than Luton conceded defeat to Arsenal not to talk of promoted Luton that haven't even been aquatinted to Premier League pattern of play so definitely Arsenal is gonna win.
Well it is a football match and anything can happen. But the book makers odds are with Arsenal. The game against Wolves was a strong match but when Arsenal scored 2 goals within the first 20 minutes I knew it was over for Wolves even though the game took a different turn after then. But football is full of surprises let's just hope Arsenal doesn't disappoint in today's game.
The present squad of Arsenal is much formidable that there is nothing to worry about how they would play or how they their opponents they lost just a single match so far in the league this season and I was convinced that they would defeat Wolves last weekend after they thrashed Lens 6-0 midweek, today they would play against Luton a match I expected them to win so as to consolidate their first position on the table possible extend their lead on the log provided that any of the teams below them flops, there is nothing to worry about in today's match because Luton is not a march to Arsenal and not a strong team thus I am predicting a 2-0 win by Arsenal today.
385  Economy / Economics / Re: What does being rich mean in your perspective? on: December 05, 2023, 11:51:40 AM
It's one of question which differs from person to person. How do you define richness?
If someone is financially stable and does not lack any thing that can be acquire with money such a person I termed as a rich, though some people may be rich in other areas too but my impression of being rich has to do with the person ability to use money at their disposal to get whatever they want and my own country rich people who have money earn a lot of respect and more popular than people who might be rich with knowledge, being rich in term of money superceded any other form or type of richness, if you are rich in term money you can use it to acquire knowledge therefore the best type of richness is having abundant money.
386  Economy / Trading Discussion / Re: Most Traders are Not Profitable on: December 05, 2023, 11:38:42 AM
Well, I could agree that the majority of the traders are not quite making good, most are experiencing losses rather than making a profit and that is because they are still learning or have fallen in the wrong direction. Many traders start trading only knowing the basics, some have started empty, and some are under the influence of these social media influencers --which is definitely not enough to expect passive results but instead terrible losses.
Most people in that they don't want to learn and that is what is influencing their losses because if you take a look at does people that actually do their trading professionally you notice that they even have books that they read its not just about trading. And their are styles that professionals use, their are plenty things to learn is not just about knowing and jumping to start trading, and if you follow what the social media is showing then you want learn because all you will be after always is just the profit.
While another category of new traders have a mindset of getting rich in trading because they are being influenced by photoshopped profits results online hoping to replicate it once they started trading unfortunately ended up on a losing side, experience traders hardly shows their presence because they keep on learning everyday, studying the chart constantly thus it won't be easy for any new trader to instantly start earning profit in trading this constitute majority of the 95% traders who are losers, consistency in earning profit in trading comes with many years of learning, studying and trading with losses and subsequently amend any mistakes in trading.
387  Alternate cryptocurrencies / Altcoin Discussion / Re: How to identify shitcoins? on: December 05, 2023, 11:22:54 AM
]
Specific to the shitcoins, it's true that most of them won't stay in the market once the developers were done making money out of it. Then, those that have thought to believe that they're great projects are gonna be left with all of those shit tokens.
Hey! Colleague thanks for this answer. A question was also ask why some of the  altcoins give up along the journey and since I am not too good altcoins I just gave the reasons that are best suites to it and they were correct. And when I saw this your comment I was impressed as well. So that means most of the developers of altcoins behave like ponzi schemers. Once they have gotten the amount they wanted then the project would collapsed or would ente enter the site maintenance group and that would be that last time to see the website.

quote author=batang_bitcoin link=topic=5464597.msg63269378#msg63269378 date=1701715138]]
This is no brainer and no contest. No matter what type of projects come out and tells that they will beat bitcoin whether they are good, shitcoins or meme coins, nothing beats Bitcoin.
If any project came and says that they are going to beat Bitcoin they are automatically tag as scammers.
[/quote]
Unfortunately many developers of those shitcoins got away with their fraudulent and scamming act because of non regulation of crypto, many of those projects are well packaged such that it would be very difficult to suspect any scam whereas their developers are just trying to obtain funds from unsuspecting investors thereafter abandoned it and vanish into thin air without any traces, I would always emphasize investing hard earn money on trusted, genuine and credible altcoins though expected returns or profits from the real altcoins might not much however the opportunity of recouping the original fund including small profit outweigh that of investing in a shitcoins.
388  Economy / Gambling discussion / Re: Do not gamble with Loan Money~otherwise you will be in danger like me on: December 05, 2023, 07:55:10 AM
Gambling with loan should be avoided. But not only that, also gambling with the amount of money that you can not afford to lose should be avoided. The reason I said this is because despite it is not advisable for gamblers to gamble with the amount they can not afford to lose, if they do, they are more likely to lose the money in their bank or wallet address and what they will look to is to get a loan if possible, so that they can continue to gamble. What will also still happen is that they will lose.
That is the biggest mistake that can be made by any gambler is to go and borrow money for gambling, If I have a job with some steady income I would only gamble with just 1% of my monthly income just to earn extra income, I won't embark on a gambling streaks that would prompted me to go bankrupt, the issue of the OP is a pure case of an addicted gambler and I commend him for sharing his sad experience as a consequence of being an addicted gambler his example would enable a lot of intending gamblers to take of note of the consequences of being addicted to gambling and how it can ruin our finances.
389  Bitcoin / Bitcoin Discussion / Re: Should altcoins be blamed? on: December 05, 2023, 07:41:30 AM
A lot of persons who despise Bitcoin or crypto currencies in General were once involved in them.some of these persons hated Bitcoin and crypto in general because of some common reasons.
Some of these persons may never have ventured the crypto space nor Bitcoin investments before because of some government restrictions against Crypto especially in countries like china etc where the government is strictly against it. Others are just afraid due to possible stories they have heard of people who lost drastically in the crypto space either due to hacks or scam.
However my main interest here is solely towards those who have invested in crypto in the past.Most of these persons hate Bitcoin and other Crypto currencies due to the great loss they suffered from dips in alt coins .most of these losses were as a result of improper understanding and experience before attempting massive investments.Of course some early adopters of Bitcoin who sold or lost access to Their coins have also lost faith in the crypto verse.
My question is should altcoins really be blamed for hate some persons have for Bitcoin due to their loss in alt coins?
As new crypto investor I believe the major point of interest should be investing in Bitcoin personally I knew bitcoin first thereafter other altcoins, investors who blamed Bitcoin for there misdemeanour weren't fair enough as new crypto investor the major point of interest should be Bitcoin this should be based on it past records it's obvious investors of Bitcoin who bought at lower price that is when it was in bearish run always having the opportunity of earning decent profits whenever it price peaked thereafter dump again and the cycle continue next Bullrun is next year during halving another opportunity for investors to cash out some profits all these is synonymous with Bitcoin because a sure profit is guaranteed unlike new investors who never study nor research on altcoin just invested blindly are now hating Bitcoin.
390  Economy / Gambling discussion / Re: Can loneliness make one addicted to gambling on: December 05, 2023, 06:53:02 AM
That's true, everyone could have their own personal reasons why they are gambling, some are doing this for fun, maybe just to whine away time, bordomness or loneliness as the case maybe, while we still have some people gambling for the sake of earning money from it for their survival, we have to also know the category of which we belong here, why we have chosen such and how we are best satisfied in making a conclusion on that category kind of gambler.
I believe that most people are into gambling because they want to earn huge amount of money by trying their luck and at the same time they want to enjoy each win that they have. It's basically a fun activity for them that could earn them money if their luck is good and that's the reason why most players place bets.

You're right there can be a few people who want to get rid of boredom and loneliness and that's why they place bets in their favorite games in order to have some relax and enjoyable memories. But, it's a fact that if someone plays a lot and gives most of his/her time playing those games can get addicted to those games and then the fun part will be lost.
Personally I am into gambling not to win a jackpot or earn huge money, I gamble for fun just to earn some extra funds thus I only gamble with small amount of money the amount of money I can afford to lose, I am a soccer fan and enthusiast so my area of interest is on soccer betting I bet with small odds of 2.00 to 4.00 thus staking small money to earn a double digit profit, of course it has nothing to do with my loneliness because most matches are played during weekends except occasionally during midweek when there are UCL matches therefore being lonely can never prompt me to engage in gambling activities there are other things that can keep me busy like learning how to trade, reading articles etc.
391  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: December 05, 2023, 06:40:54 AM
Quote from: Gaza13
Quote from: snipie
Manchester United are in the 7th position thanks to Brighton defeat but next game vs Chelsea isn't reassuring and they can drop in ranking if they lose it.
I also see that their performance this year is very worrying, of course if Chelsea is consistent in the match they will steal points at their opponent's base, this will again create a bad image for Manchester United. If they want to appear in other leagues next year, of course they have to maintain their current position until the end of this league, otherwise their hopes of appearing in other leagues will be dashed.

Chelsea players are showing some seriousness in some matches but they are not consistent in their winning which is the major challenge many people are experiencing from Chelsea in this season. If you look at the premier league table you will discovered that Manchester united is still ahead of Chelsea despite Chelsea won their last match with 3-2 to defeated their opponent, and nobody know if they will be able to win their next match to make people believe that they are good to increase their performance. If you look at Manchester united players very well, you will know that the challenges they are facing right now is the goalkeeper because since they brought this new keeper Onana, Manchester united started to experience some poor performance.
I think Chelsea would manage to get at least a draw at Old Trafford else even a win based on my analysis on the team performances against top clubs this season, they drew Liverpool, Arsenal, Man City respectively and defeated Tottenham though I absolutely agreed that Chelsea remain inconsistent especially when they play average premier league clubs yet they always put up brilliantly performance against top clubs, Man Utd had become shadow of former self, not formidable like before, their players had dropped form and Onana their goalkeeper is prone to mistakes all these would count against the team when they play Chelsea.
392  Alternate cryptocurrencies / Altcoin Discussion / Re: Established Altcoins or new potential coins this bullrun ? on: December 05, 2023, 06:23:26 AM

I would prefer new Altcoins which is entering bullrun for the first time.
Personally I also agreed that the best bet is investing in a new credible altcoin however the task of scrutinizing and making research of selecting the genuine altcoins out of the numerous new ones for investment is the major issue, as an investor you needed to be picky in your selection to avoid investing blindly in any new altcoin this is very necessary so that when the price of Bitcoin eventually peaked and followed by massive altcoins bullrun I believe those new altcoins you invested on would also enjoy the bullish run too consequently churning out some reasonable profits for their investors too.
393  Bitcoin / Bitcoin Discussion / Re: Hodling vs trading on: December 04, 2023, 08:15:02 PM
Bitcoin hoarding and trading differ in their approach to owning and using coins. Hodling is the holding of bitcoins in a wallet on a long-term basis without frequent transactions. Trading involves frequent buying and selling transactions based on short-term price changes. Hodling provides benefits in terms of ease of use, low transaction costs, long-term benefits and security. The choice between hodling and trading depends on the investor's preferences and strategy. Everything is purely individual, I think whoever has positive experience in a particular strategy stays there.
We should always go for the one we can do not trying to be holding and trading at the same time when we don't know how to trade.
The market is big enough with a lots of crypto projects we can buy and hold for as long as we want.
There is gain in holdings especially when we have good and volatile tokens in our wallet waiting for them to explore and keep increasing in price. The Crypto market is open to us and we can make huge profits depending on the risks we are taking and how much we are investing in the projects we have confidence in.
To be honest, not all cryptocurrencies are worth being held for the long term and most of them are extremely volatile and unpredictable and aren't suitable for this which is the reason why altcoins are generally used just for short or medium-term trading and not for long-term holding like Bitcoin. There are only a few altcoins that can be trusted to be held for a long time, ETH is one example of that which is the second largest and most successful cryptocurrency in the market.

It is also not necessary for a person to just do one of the two as one can always do both holding and trading since it isn't that difficult to learn the necessary trading practices and get into trading while you are already holding some of your assets like Bitcoin and ETH or a few more altcoins that you think have the potential to provide good returns in the long run.
That is why investors has to diligently research on short, medium and long term altcoins for hodling as a form of investment, if it is a short term then memecoins fit this category once it price pump investors are expected to take profit quickly, but for long term perspective Bitcoin and Ethereum is the best meanwhile trading Bitcoin or Ethereum and any other crypto pair is entirely a different ball game as a trader you are expected to earn profit either in a bullish or bearish market thus this requires a lot of experience and expertise to be able to succeed in trading however this comes with a heavy price of learning for a very long period of time before such a trader can start earning profit consistently.
394  Alternate cryptocurrencies / Altcoin Discussion / Re: Cristiano Ronaldo get 1 billion dollars lawsuit for his NFT failure on: December 04, 2023, 07:17:08 PM
In my opinion cr7 is just an advertising model figure to strengthen those products that are paid to promote and we need to know what is really happening and this matter should be handled by the authorities with public transparency. If you become a victim, will you do the same as investors who experience losses by demanding compensation?
That is it but the things could go further than that because of the nature of NFTs some of that athlete made a lot of progress and development to the extent of launching their NFTs so if this be the case then it means that CR7 will have a tough time in the legal battle.

But then also it all ball down to his direct involvement in the project and how deep the terms of the contract is if he is just an advertiser or not.
If it is true that this athlete is involved in a very deep contract, what bad things will happen to him? However, all of this certainly requires more in-depth study and the involvement of legal authorities, especially if there are victims who report this case. This is certainly bad news, especially if it is true that his involvement is because he is a very famous athlete, then this news will quickly spread widely
Personally I think the NFT issue is an investment gone wrong I believe Cristiano Ronaldo would win the case, I likened the case to a investor who invested in an altcoin which eventually dumped and faili thus investors are demanding for their money, had it been the NFT project was very successful and all it investors earned massive profit no investors would raise an eyebrow about it and again other NFTs that failed nobody is sueing their developers to court why is it Ronaldo 's own case different ? Let all investor of Ronaldo NFT failed project move on they have no case and surely they can't win the case I believe experience lawyers hired by Ronaldo would win the case.
395  Economy / Trading Discussion / Re: Trading is not very easy; it took my friend a long time to understand. on: December 04, 2023, 05:32:02 PM
Crypto prices are very volatile it would take a lot of practicing, learning chart patterns, technical analysis etc and patiently waiting for a trading set-up if you wanted to become successful in trading and as a newbie it more reasonable to start trading with a higher time frame like daily timeframe where you can have few time to analyze your chart on a new candlestick, trading with lower timeframe is very challenging and frustrating except you are an experienced trader, but with a higher timeframe trading setup would be few but requires a lot patience by a trader before placing a trigger for long or short.
396  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: December 04, 2023, 05:16:21 PM
Tottenham deserves every form of applaud because not only did they get a draw but they did put up a really good fight against Manchester city in the eithad stadium which happens to be their string hold of victory but the spurs defiled the records in what seemed like their worse form, this is a good signal with the spurs they they are definitely getting back on their feet and a signal for other teams that they can still challenge Manchester city regardless of their might .
Manchester City are not in form as regarded, they was shocked by the performance pulled by The visitors, they did try their best but couldn't net a goal, instead they settle for a draw tie which is totally what they expected. Perhaps Manchester City will push harder in next match. Tottenham Hotspur coach, Ange Postecoglou deserves his flowers after a draw with Pep Guardiola and his firing squad at Etihad Stadium. We didn't see that coming, the performance of Spurs was top flight level and they're now the pressuring to bounce back to the system.

I sure, it seems no one thinks Manchester City will get a draw in the last three matches in a row in the Premier League. Because after all, Manchester City last three matches were played against Chelsea, Liverpool and Tottenham because I sure, in previous predictions Manchester City was the favorite to win those matches. Especially regarding Chelsea and Tottenham because ya, at this moment they are experiencing a decline in performance and/or experiencing performance instability. But ya, maybe the result was quite surprising too, because in the end Manchester City failed to get 3 points in 3 consecutive matches.
Those three matches drew by Man City is a perfect indication that the squad is not formidable and strong enough this season, recall they lost to Arsenal and Wolves in a match many soccer analyst and pundits predicted an outright win for Man City yet lost that match, frankly Man City isn't a sure league title contender this season because as an aspiring contender they dhould be very consistent in winning their matches and it's obvious they would find it difficult to defeat some mid table clubs this season due to their inability to beat Liverpool, Chelsea whom they defeated almost four times last season in all competition, Arsenal whom they also defeated three times last season, though the league is still in early stage I hope they up their game so as to be back into reckoning in the league.
397  Alternate cryptocurrencies / Altcoin Discussion / Re: Verified twitter, telegram account is the strong point for a new project? on: December 04, 2023, 04:58:08 PM
My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?
Nothing is guaranteed as far as crypto project is concerned due to it non regulation there are lot of project that look legitimate based on their verified socal media platform yet ended up as scam. I personally participated in one of such project on 2018, they perfected their social platform especially telegram where a moderator is always online to answer any enquires, they also have a top high ranked member of this forum as their bounty campaign manager, they run their promotion virtually in all the social media, however in the run after collecting fund through their ICOs they disappeared into thin air consequently scammed investors their hard earn money the  best bet is to invest with what you can afford to lose.
398  Economy / Economics / Re: What class of an investor are you? on: December 03, 2023, 07:09:52 AM


Class of Investors to the best of my understanding

[
The researcher investor
The researcher investor wants to conduct thorough investigation before deciding whether to invest.They might even decide against investing altogether since, if you wait to make a decision until you know everything, you might never invest.

What class of an investor are you?
This is the best option that fit my category as an investor, I do a lot of research before taking a decisive decision on what to invest on and what not to invest on, of course with reference to investing in cryptocurrencies it is a wise decision to research first to avoid investing in shit coins, there are plenty and many altcoins in the market both profitable ones, scams and abandoned ones, I read stories of investors who did their home work on research diligently about the best three altcoins to invest on which later became a success story after earning some decent profits from their investment though on long term perspective.
399  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not a quick rich and get poorer investment. on: December 03, 2023, 06:47:21 AM
Bitcoin investment is an investment you start early and take time to grow, discipline, monitor with patient to enable your target of investment excel and you can only make this investment when you patiently elongate it to enable you flourish well to the extend that when you harvest your profit from the investment it will still be progressing and not when you invest in six months time and you are inquisitive to get your profit in eight months time its wrong and getting patient to achieve what you invest is a good helping hands for future and at least when you invest in six months time you get your profit in one or two years or more for your effort to be reasonable and bear in mind that Bitcoin is not altcoin that can be hype or where many altcoins are built based on the basic structure provided by Bitcoin, Bitcoin cannot not make you poor when you know what you are doing and is more valuable and can make you rich when you wisely trade in futures.
If someone is on this forum then he's already supposed to know that he won't become rich overnight thanks to bitcoin. People must understand that good investments require a lot of patience, there is no secret formula to become rich, just do your research, invest smartly, and wait. You need to wait, that's the problem, many people don't know or don't want to wait.
Unfortunately many newbies are having a mindset of getting rich quickly when they invest in Bitcoin they don't have the patience of waiting for a long term to start making profit from their investment, for example the price of Bitcoin in November last year was $16K+ imagine an investor who invested 100 % of their total fund on Bitcoin and waited patiently till now just a year ago would have made a double plus profit even more as the price of Bitcoin continue to trend bullish so in a nutshell Bitcoin investment is less risky you only need to invest at a lower price thereafter requires patience therefore it's not a get rich quickly scheme
400  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: December 03, 2023, 06:24:40 AM
Hahaha, like what happened to Arsenal last season in the Premier League. If Arsenal can be able to have a big point difference between Manchester City and Liverpool, I think they will win the Premier League trophy because they were able to beat Manchester City this season. Arsenal lost the Premier League trophy to Manchester City because Arsenal failed to beat Manchester City last season.
Yeah, I'm 80% confident that Arsenal will win the Premier League this season because they were able to beat Manchester City, unlike last season when they struggled to beat Manchester City, Arsenal's current position at the top of the table which sure that they will eventually achieve what they are striving for. This is the moment for Arsenal to increase their performance even more than before in order to secure a victory over the other clubs and reach their objective.

Consistency will be the main key for Arsenal to win EPL. They were not that consistent in the few last seasons which made them unable to win EPL while they had the chance for it. They could win against City this season when they were as home team, how about the 2nd match at City's home? Able to beat City is not enough obviously because there are still so many matches to go.
Arsenal squad is much more formidable this season than last season and they team has depth in term of quality backup or reserve players so if they can continue with their current form definitely they can win the league, though it's too early to predict the likely winner, however Arsenal has a brighter chance recall they team has the best defensive record this season and controversially lost just one match against Newcastle, week in week out they are gradually taking their three points, Man City will play Tottenham Hotspur today and if they drew the match or lose then Arsenal would continue to extend their gap and maintain their first position on the table.
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