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3841  Economy / Gambling discussion / Re: Fate or lack of control - Gambling on: July 15, 2021, 02:22:42 AM
If one properly examines the meaning of the word "fate", the oxford dictionary puts it as the "development of event outside of a person's control." It is plausible to think that there are some external forces that sometimes push people to gamble and may be out of situational pity or the right to win after many consecutive failures in the game, things just go as intended even without much effort and careful thinking.

So if you have gambled a lot and lost some money, have it at the back of your mind that you are accumulating and earning your right to win because fate is watching really and expect that at some point, you will hit jackpot. You only do not win after a while probably because you did not try to win enough, and you quit before your efforts got ripe enough to earn you a win.

It is important to always remember that loosing actually shows that an effort has been made to win, but one should also gamble responsibly and in proportion and should be weary of rash decisions in gambling.
3842  Economy / Economics / Re: What is better - cryptocurrency trading or investing? on: July 14, 2021, 04:46:46 AM
When discussing issues like this, it is first important to note that it is relative, that is they are both good, what determines which is actually better is the one that works best for you after trying the two, that is investing and then trading. That is, you cannot say cryptocurrency trading is better when it is all that you have tried and have not tried investing, also you cannot say investing is better for you when it is all you have tried and you are too afraid to try trading probably because of other people's experience.

I might argue that investing is better and another might argue that trading is better, the truth is that we are both correct because we are speaking from different standpoints, our own point of view which has been directly influenced by the profit we have made from our choices.

Above all, what is most important is identifying the one that works for you and gives you profit and then sticking to it. What works for a certain Mr Z may not work for you and vice versa.
3843  Economy / Economics / Re: Can cryptocurrencies replace fiat currencies on: July 14, 2021, 04:23:05 AM
Just as we have options and choices that still hold universally, like the option of

-whether to have tea or coffee,
-to either drive a car or ride a motorcycle or both for mobility sake
-to either travel by road, by air or by sea.
-the option of which tv channel to watch or radio station to listen to and so on

Cryptocurrency has come to present options in terms of finance and not to completely replace the traditional fiat. Now users have an option to send money across the globe in cryptocurrency or in the traditional fiat through the government controlled banks.

For me, it is the dream that cryptocurrency gains widespread acceptance globally like fiat to an extent that they can both exist and be used in harmony.
3844  Bitcoin / Bitcoin Discussion / Re: Do you pay with Bitcoin whenever you're able to? on: July 14, 2021, 03:42:12 AM
The truth is many of us bitcoin HODLers seldom use bitcoin to pay for things especially because bitcoin is generally viewed by many as an investment strategy, that is a way to get more from your money due to its high volatility. As a result, many like myself are seeking for ways to get more bitcoin rather than spend from the little we have.

If however i want to transfer money to someone in a far away country, and its a substantial amount, i can convert a part of my BTC HODLings into a coin with a lower transaction fee to send out or make the transfer in BTC if its small and the seller of a service or product i need so demands his payment in BTC.
3845  Bitcoin / Bitcoin Discussion / Re: I rather stay hungry than sell my Bitcoin on: July 14, 2021, 03:28:38 AM
The choice of whether to sell your bitcoin or not to sell depends on the degree of hunger you face. Examine a situation where the hunger has now moved past mere hunger and has metamorphosed into starvation to a point it is now a matter of life and death.

Only the living can HODL bitcoin, and in as much as we all have a target, this target should not be placed above being alive because if you die out of starvation or something else, there is a 90% chance that your HODLings may become lost & inaccessible to your next of kin unless your key was documented somewhere reachable.

Also the situation at hand puts forward different scenarios...Are you temporarily hungry and do you have hope on how to get money to eat from another source apart from you Bitcoin, if so, then it is easier to say you will stay hungry rather than selling bitcoins. If however the situation is very ugly, and there is no other means or way to money for food other than selling a part of your bitcoins to be able to survive the situation, this is also very okay because "ONLY THE LIVING CAN HODL BITCOIN". Don't die of starvation.
3846  Economy / Services / Re: [CFNP] Duelbits.com | Signature Campaign ~ Full Members+ | Up to $70/Week on: July 13, 2021, 04:10:56 PM
Thank you for the opportunity sir, i am very much happy to be in this campaign.
3847  Economy / Services / Re: [OPEN] Duelbits.com | Signature Campaign ~ Full Members+ | Up to $60/Week on: July 13, 2021, 03:52:00 AM
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2863343
Current amount of posts (including this one):  448
SegWit BTC Address for Payouts: bc1quhvgsc3g4vrtef0azp495s50dstygxttvemkn6
EARNED merit in the last 120 days:  105
3848  Other / Off-topic / Big win Argentina, Big win Messi. on: July 11, 2021, 06:15:19 AM
Big congratulations to Argentina and to Lionel Messi on their very important win against Brazil. I'm particularly very excited for Lionel Messi who this win means a whole lot more to. The asterisks on his name as someone who has never lifted a cup for country has finally been wiped. It is a very well deserved win.

Lionel Messi can now completely own up to the title as one of the greatest if not the greatest soccer player to walk the earth.
3849  Other / Serious discussion / Re: Can a poor man get his chance to be rich in Crypto? on: July 07, 2021, 03:09:42 AM
Truth is, in your quest for riches, it is not all the time somebody can say for sure at the preliminary stage that this particular thing that i am into or doing is going to get me the wealth i so desire, it the chase for riches, no opportunity should be ignored.

For crypto being the case study, it is very possible that if a poor man is able to make good investment decisions as regards which crypto to invest in consistently from his capacity, his financial situation might just change one day soon for the better.
3850  Economy / Economics / Re: “You don’t spend money now, you can’t spend after you died” on: July 03, 2021, 05:46:04 PM
It is better to say we should enjoy our money while we still plan for the future, not eating everything now and making the future difficult. If you spend all the money you have, you may even die from starvation or depression when you no longer have to spend, so everything should be done in moderation.
3851  Economy / Reputation / Re: Celebration of 4 years forum membership and advices. on: July 03, 2021, 01:34:17 PM
It's a huge milestone boss, i congratulate you specially and thank you for all your numerous advice and meaningful contribution. In no time at all, i am certain we will celebrate more wins @cryptopreneur brainboss.
3852  Economy / Economics / Re: Why don't banks work with cryptocurrency? on: June 19, 2021, 10:23:58 AM
Some reasons why Banks are having a hard time accepting to work with cryptocurrency and Don't work with it is because the entire concept and mechanism behind the workings of cryptocurrency threatens the banks ability to make money for its continuing existence and relevance. So for the old generational banks and others, it is in their best interest if people stick with the traditional fiat.

Another reason is as a result of government policy and control. We all know the banks are subject to a central bank controlled by the government, so it is not going to be easy to accept to work with something that has not been approved by the government.
3853  Bitcoin / Bitcoin Discussion / Re: Musk say's he'll re-invest in BTC when +50% of ASIC miners are GREEN on: June 19, 2021, 03:22:45 AM
Whatever Elon says is for whoever still cares to listen or give him audience. Elon does things that are good for him and his investments and it is high time we start making our own choices and doing things that will be good for us in terms of our investments.

The cryptocurrency market is too big for us to hinge it unto the comments of one Man, by now we all should have learned from the past few weeks.
3854  Economy / Gambling discussion / Re: ⚽UEFA EURO 2020 Discussion Thread | Current Phase: Finals in June 2021! on: June 18, 2021, 09:26:40 PM
What a very boring and uneventful England vs Scotland fixture this has been.

This is most interesting goalless draw match i have seen in a while, England should be thankful they could have lost this game and the one point, because they lacked ideas in this game, they have to do better. Scotland on the other hand, a very fantastic display from Billy Gilmour, and that man of the match win for him is a wonderful way to start his first match for his country.
3855  Other / Archival / Re: Is a demo account necessary for a beginner trader? on: June 18, 2021, 09:09:44 PM
Just as life is in stages that you cannot just get into the College without passing through high school first, so also it entails for trading. The importance of demo trading for beginners first cannot be overstated. Because money is involved, jumping straight into a live trade after one has just learned the theory aspects of trading will certainly mean that he/she has signed a deal to start loosing money from day one, and most definitely, discouragement will set in and one might quit.

A demo account is a platform to practice and prepare yourself for the real trading world.
3856  Bitcoin / Bitcoin Discussion / Re: Anonymity and Privacy while using Bitcoin. Which one is the right word to use? on: June 18, 2021, 01:13:45 AM
With bitcoin, i believe it is more of a privacy thing than anonymity. To be private is different from being completely anonymous. If you are private, there is a restricted access to you, but if you are anonymous, there is usually no way to be accessed.

Also, you can stay private with bitcoin transactions but not completely anonymous because if need be, you can be traced by the authorities who have alligned themselves with some technologies to do so, that is not anonymity.
3857  Economy / Economics / Re: How do you define rich? on: June 18, 2021, 12:42:51 AM
To be rich is to be in a state of abundance, that is state or stage in ones financial life where little and basic needs like food, shelter and clothing expenses are not considered anymore as a problem. That is there is enough money to sort and satisfy the needs. This is what it means to be rich.

It is a relative term used in comparison with another who doesn't have enough (poor). The basics ot the things used to categorise the rich and poor is constantly changing with time
3858  Bitcoin / Bitcoin Discussion / Re: Charles Hoskinson's Take on Bitcoin on: June 17, 2021, 02:13:14 AM
He sites that the community has become a religion to the maximalists, resistant to change in any meaningful way. He talks about how Taproot should have happened a long time ago and is shocked at how long it takes this community to produce upgrades for a system that is already so far behind. He argues that a currency with a single-use-case scenario (Bitcoin) will eventually be left in the dust to more ambitious projects that aim to solve more problems. Brushing off the fact that Bitcoin is the strongest reserve currency in crypto or the world.

I don't see anything wrong with his opinions. They show his preferences and they are not based in ignorance. Personally, I'm not bothered by the educated opinions of others. I feel no need to defend Bitcoin, except to dispel the myths and misconceptions.

Bitcoin may become the most important invention in the 21st century, or it may fade into obscurity or be reduced to nostalgia. People that pin their hopes and dreams on Bitcoin are missing the point.


Very well said.
 
Everyone has a right to hold their opinions and just like Elon, Warren Buffet, Jack Dorsey, you and me etc we all have our opinions on the subject of bitcoin, though not all are correct but the greatest revealer is time, and time will surely tell whose opinion was correct.
3859  Bitcoin / Bitcoin Discussion / Re: I think Bitcoin is great as an asset and not as a Currency. on: June 17, 2021, 01:34:56 AM
The original idea behind BTC was not to be used or seen as an investment strategy (asset) but a means to offer financial freedom from governments interference. But because of its highly volatile nature, many found a way to make money from HODLing it over a time frame thus its use was made broader by popular demand.

To whichever way you use BTC either as an asset or a currency to get things depends totally on you, but a greater percentage of individuals have turned BTC into an investment strategy, many even now compare and prefer it to gold.
3860  Economy / Economics / Re: Are you making money online? on: June 17, 2021, 12:23:20 AM
Even before i joined this forum, i have been running an online business with my workspace from home. Over the years, i have tailored my business to be able to function full online using Instagram as my outlet and by God's grace, it has been going not so smoothly but going regardless, so yes i have made some money from the online world.

Every data subscription i do counts for me, because i count it as my shop rent online, so in order to meet up, i try as much as possible to be business oriented because online is where i meet people who contract me for business.
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