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41  Bitcoin / Bitcoin Discussion / Re: Nigeria continuous banning of crypto on: July 21, 2023, 12:42:05 PM
The Nigeria population is really large and the quest to be rich and wealthy had made many of the citizens to dive into searching for opportunities online that will better there life. People will keep looking for a secure ways to make money online and we should not be surprised about the high rate if Nigerian looking for there daily bread online to escape the imminent inflation of the country.

 Even though the government have the plan to put an end to cryptocurrency in the region, it will be very hard because they do not have the right tools and equipments to make this decisions because people can easily make use of VPN to trade on exchanges and more ever many of those exchanges have Nigerians to be one of there biggest custoemrs by region.
The reason why people are diving into the online world in search of opportunities to earn money is the lack of job opportunities within the country, the population might have some minor effects on the unemployment rate but that isn't the main reason for it, if the government tries harder to generate more jobs and get more people employed, they wouldn't face many issues, but instead of doing that, they are doing everything they can to close down the ways people use to earn money.

The government of Nigeria should have supported this because this could solve the problem of unemployment and possibly reduce poverty within the country but they have been against the movement and the most obvious reason for that is that they don't want people to become independent.
42  Economy / Gambling discussion / Re: Wagering requirements for withdraw on: July 21, 2023, 11:23:43 AM
Haven't heard of any casino that has fixed wagering requirements in dollars. Most of the time (if not all the time), they require x1 or more of the deposit amount. So if you only deposited around $20, you'll just need to wager at least $20. On the other hand, if you deposit more, like $1000, you'll also need to wager that very same amount. Can you name a casino that has a fixed wagering requirement in USD?
I've also never heard of any casino that asks for a wagering requirement that is fixed no matter how much you deposit, it generally depends on how much you are depositing and either 100% or 200% is the requirement for you to complete, some casinos ask for even more but they know that gamblers won't accept that and there will be issues so they don't ask for extra, but they would never ask a gambler to complete a fixed wagering requirement.

Also, it's a gambler's responsibility to first read the terms and make sure that the wagering requirement isn't so high because if they don't read them and then face an issue, there won't be anything they can do other than comply with their rules and complete the wagering requirement asked by them.
43  Economy / Gambling discussion / Re: Can i make 100 $ daily from online casinos on: July 21, 2023, 10:16:23 AM
Making a daily 100$ on an online casino is quiet hard to be honest and it depends much on luck as well as how wise you are when it comes to pick the gambling games. I believe that there’s some strategies that could be safe but it’s not fully guaranteed that you’ll end up in a profit, So basically you need to be lucky as well as smart when placing your bets.

To be honest it won’t be so hard for people who bet with a lot of money, it’ll be easier to make the 100$ a day but you’ll end up losing if you keep betting a lot in just low odds.
That's right. For someone who can afford losing $1,000, winning $100 isn't that hard. For example, you can go to a honest dice site and bet your $1,000 with 1.1 odds. The win chance, 90%, speaks for itself, it is indeed likely that you'll win. But if you keep doing this one day after the other, you know what is also very likely? It is that you'll lose your $1,000 bet after winning $400-$500 cumulatively, $100 at a time, and your profit will be negative. And don't forget that you can lose right away without winning anything, and you can lose the very next bet too. So, if you can't easily afford losing $2k in one day, don't play these games.
People lose bets with even 1.01x odds and you are talking about 1.1x, so it's never a recommended way of earning money through gambling that too consistently, you are right that even if one manages to win a few bets one after the other, even if they are making just one bet a day with 1.1x odds, they will eventually lose a bet in one of these days and lose their bankroll trying to make a consistent profit through gambling, so it doesn't work at all.

Gambling is not a way to earn money in a consistent manner, if you are lucky, you will win a significant amount and a wise person would stop right there, but if you gamble again later even if you stop at that particular time, you will lose the same amount of equivalent of it later, because gambling is not there to make us rich, it only happens to ultra lucky people.
44  Economy / Economics / Re: Ignore this Classic Business Law or Follow Your Instincts? on: July 21, 2023, 04:22:54 AM
If we are accustomed to business, it can be said that the theory in building a business is almost useless, with deep experience, we can more easily manage the business, unfortunately many people are afraid to start the business for fear of losing or bankrupt.
It's a good thing to have that fear because if you don't, you will waste a lot of money by trying a bunch of different businesses without putting proper effort and working hard on a single venture, when you have yourself involved in almost everything, you will most likely get success in none of them, the best way is to start a single business and keep working on that, if you know you have enough resources and can work hard on your business, it will become successful eventually.

People who have no fear of losing or going bankrupt tend to waste a lot of money which they shouldn't, you can always see, only the businessmen who have their hands in a single industry are successful in that particular business, but those who try having more and more businesses tend to get less success in comparison to them.
45  Economy / Gambling discussion / Re: What kind of rewards/bonuses do you prefer? on: July 20, 2023, 05:58:34 PM
It's not easy for an ordinary gambler to get the VIP level if he is not a rich person or who wants to waste his money on gambling tables and casinos, because of course with big bets it will be easy to get that VIP level, there are many advantages that I know being a VIP user but also many losses that we experienced during the pursuit of that VIP level. it made me realize that gambling is not just about pursuing the VIP level but being able to enjoy the game as well as having fun. Gambling wisely and responsibly is very important.
I consider myself as ordinary gambler and I'm not rich too but in fact I can reach VIP level (not that high). It takes long time indeed to reach my current VIP level in the casinos, I have 2 accounts with similar VIP account level in 2 different casinos. Saying that VIP level is just for those who are rich enough to waste money is completely wrong. Remember that there are some levels of the VIP program, even the lowest Level with low wagering requirement is already considered as VIP.
Maybe he is just playing it the wrong way? You know he mostly plays at higher multiplier and rarely gets a win which will make him wager more. Add in the fact that he might also be poor? Not all casinos has the same amount to reach a certain VIP level. I know it was $10k at most for the first VIP level but I already saw a few casinos whose first VIP level is lower than that.

The time at which we can reach a VIP level will depend on our capacity and playing time. Maybe you play rarely? That is why it takes a long time for you to reach them. Rich or poor, we are not gambling to waste money but we have a purpose here. But playing to reach the VIP level can give the gambler a sense of achievement.
46  Alternate cryptocurrencies / Altcoin Discussion / Re: look, look, what's this on: July 20, 2023, 03:25:58 PM
Much has been discussed about trading cryptocurrencies offline. I think it is still impossible to realize. Because now is the digital era. And cryptocurrencies are digital markets and are created using internet-based digital technologies. Until now I have not seen an idea that is close to the application of digital asset trading offline.
Though nothing is impossible because we have seen things that we never expected happen and get success too, it still doesn't sound like there is going to be anything like that because the world is revolving around the internet these days and everything is becoming digital, so instead of going forward, technology wouldn't go backward because offline things were used to be the norm when there was no much internet and technology available.

And if we talk about trading, that becomes even more difficult to be done offline, one can think of only making transactions from one wallet to another wallet offline if it's designed in such a way just like how we send SMS from one mobile to another, but trading them wouldn't be a possibility.
47  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: July 20, 2023, 01:49:05 PM
Almost impossible with Joan Laporta ambition for signing Bernando Silva from Manchester City, release from transfer market, Silva has values above 70 million euro and I don't think Barcelona have much money to pay transfer fees. Actually Barcelona still has debt for Manchester City last season after signing Ferran Torres with 50 million euro and right now they have paid 10 million euro only. Barcelona still facing with financial problem and how come have much fund for signing Bernando Silva, Manchester City won't to release fees transfer without paying full and they have realize how delay payment after signing Ferran Torres.

Realistic for Barcelona right now signing player with free agent, they don't have to pay payment fees transfer and Barcelona just negotiation with contract duration then how much salary will pay.
Barcelona's opportunity to get Bernando Silva is by exchanging players. it is rumored that Man City also wants Raphinha, and this could be another negotiation if Man City and Barca get an agreement. however, Raphinha is also a player that Xavi always chooses. of course, Xavi must really consider Man City's wishes. Barca are still having problems with their finances. I don't know how long they will get better.
Barcelona currently situation not allowing them to have any high price player because their debit is almost €1300 million which is more than worst and Bernardo Silva is almost €70 million which is not affordable for them even Manchester City board is trying their best for keeping this player, but he wants change with PSG is also trying their best but right now his future is uncertain at Manchester City.

As of now, Barcelona squad is strong enough and can do better which is surely good news for them, and they can go through without any big spending but still with this all they have no time frame about their problem's settlement because it's never been easy to reduce this debit hopefully something better will be happened for them.
48  Economy / Gambling discussion / Re: You must do this if you want to QUIT or NOT on: July 20, 2023, 05:16:54 AM
I do hope that people will do this because what I've mostly noticed is that they will tend to continue playing because they want to chase up losses, but again, that is really a good move if we are able to do it because you tend to relax and think about the right move. This is like if you are planning to buy something but you should wait like 3 days to know if you still want that stuff. Controlling our emotions is really difficult, but once we are able to do it, then for sure we won't be addicted to something.
One can simply not be able to chase their losses in gambling because there is a house edge that won't let you win in the long run, no matter how lucky you are, if you keep gambling, you are guaranteed to lose everything even the money that you might have won in that same gambling session. A wise gambler would never try to recover their losses but they will just continue gambling and move on instead of staking the remaining balance only for recovering the lost ones which mostly doesn't work.

Having enough control over your emotions is a very important thing in gambling because your mind will not let you go off the losses very easily but it will keep asking you again and again to try and recover your losses only to make you lose whatever is remaining of your bankroll so far.
49  Economy / Gambling / Re: How much time for a Duelbits withdrawal? Been 24h+ on: July 20, 2023, 03:05:30 AM
I have wagered well over 1x. No I am not playing from a restricted territory.

I just contacted support again and they told me no need to contact them anymore, I just have to wait for their reply. Nobody knows what’s happening.
If you haven't violated any terms and you are confident that there is nothing that might be wrong from your end, including the wagering requirement since you said that you've wagered way over 1x before requesting a withdrawal and if their wagering requirement is just 1x then there should be no issues with that as well, and since they didn't ask you for KYC as well so far, so I assume they are still investigating your account and checking everything manually.

If support says that you don't need to do anything and wait, that's what should be done, since you have requested to withdraw $20k, they will have to check everything manually and if they think they should, they will also ask you for KYC verification at this stage and you should complete that without saying anything or you could get in trouble.
50  Economy / Gambling discussion / Re: Can Chat GTP destroy poker on-line gambling??? on: July 19, 2023, 05:56:55 AM
~
However, I personally don't think that AIs will ever be customized to be able to gamble or be used against casinos because those who develop AI models understand that casinos are a business and they wouldn't want to ruin the businesses of a lot of people as that will take them out of business.
That is what I don't expect at all. There's no such thing as some "developers' world forum" where they decide what to do and what not. If it will be possible to create a powerful AI that can be helpful in making sports bets or playing poker, it will be created, that's what I'm sure of. As I was saying above, it won't be exactly a threat to casinos, especially for online poker platforms because they charge their fee before a game even started. So, online gambling, and poker in particular won't be destroyed by anything like Chat GPT, imo.
Such a thing can only be a threat to a casino if it becomes possible for it to play gambling games and beat the house in that which doesn't sound possible because casino games use random number generators to generate the results of each bet and no matter how advanced an AI model becomes, it can never know in advance what number a RNG will generate next so that it can bet accordingly and win, so even that might be a threat, it isn't possible to happen.

And if we talk about sports betting, even if there is an AI model that researches and analyzes the teams involved in a match and makes the right prediction, the sportsbook will never be affected by that because there will always be some people betting on the other side and they will still get their revenue.
51  Economy / Gambling discussion / Re: Minimum Age to gamble on: July 19, 2023, 04:21:09 AM
Around us minor boys are involved in various kinds of bad activities. Especially they are more addicted to gambling. We should keep our children away from all these bad addictions. If minor boys get addicted to gambling once, their life will be completely ruined.So he should have family protection so that he can't get into all these bad addictions. But for him if he is 18+ I think gambling is ok because if he is 18+ he will understand the meaning of his life and what is bad and what is good he will understand by himself.
We can't keep hiding our children from these dangerous gambling activities, but the best thing we can do is lecture them on how to resist such behaviors. We have the option of keeping them indoors all day, and if these nefarious children are their classmates, there's no way our kids will not come into contact with them in classes or the school environment. Observing our children keeps bad company will undoubtedly harm his choices and decisions. He's nothing compared to peer pressures; he'd want the best from his teen experiences; I've been in that situation before, and it's not a good path to choose.
Keeping children indoors isn't a solution to this problem because if you just keep your children indoors, they will become shy, won't be social, won't be able to speak to anyone properly, they will grow fear of speaking in public, they won't have much confidence, and there are a lot of other things that are caused because of this one thing - keeping children indoors. So it's better to not keep them inside for all their childhood and take other preventive actions.

One could simply make sure that their children are not friends with people or children that are involved in bad activities so that their children are not spoiled, advise them to only make friends that are good and do good things all the time and not with those who do things that are either illegal or just bad.
52  Economy / Trading Discussion / Re: Which is more profiting self trade or AI on: July 19, 2023, 02:52:22 AM
Lately, there has been some development here in the integration of AI in trading on some stock assets and cryptocurrencies, and to a large instead, AI has ground in acting and executing trades and recording profits, but it has not been for long so as we can't tell what the success rate will be, but for the fact that the reality on the ground has shown and proven their existence in trading stock, so as that which one will you prefer if AI is proven to be effective.
Will you prefer to trade with AI or you prefer to do the trading yourself?
I have never been a fan of trading bots, even if there is a model that uses artificial intelligence for trading, I would still prefer doing it myself because I will obviously have more confidence making the trades myself instead of an AI-powered bot that might be mostly accurate but can always face an issue or might not take the decisions the way a human can because AI doesn't have the ability to think the same way as a human does.

So it is much better to learn everything about the market, how to do analysis, how to do research, how to choose a coin to trade with based on the conditions and market movements and do your trades manually to avoid taking any risk since you can always double-check things yourself.
53  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: July 18, 2023, 05:12:31 PM
It's very natural that I think everyone puts Man City first on the list of favorites to win, either in the English Premiere League or the Champions League. Our perception could be the same today because Man City is still led by Pep Guardiola, Pep figure gives confidence that Man City can defend the championship Trophy next season. If there is a possibility where Guardiola stops or moves clubs, the predictions will be different. Pep influence is bigger than the Man City players themselves, at least that's what I've seen since he joined from Bayern Munchen
Since I've known him, Pep Guardiola has consistently performed admirably as a manager and has been at the top of his game whenever he has taken the reins of a team. Regarding Manchester City, their capability gives them a chance to win both the English Premier League and the Champions League. Pep Guardiola wants every player to be able to play, and he has been with the team for so long that even with his eyes closed he can still coach the team. Even though I'm not a fan of Manchester City, I was forced to give up last season since I felt like they were my adversary and their style of play made me detest them so much. My thoughts are still racing even now, but I won't give up on my club.
Without any doubt Pep Guardiola is one of the best coach in this era with he has mostly done job at giant clubs which can afford all things so with these things we can expect results like these which currently Manchester City have and in near future things can go better with in EPL we have no other team which can give tough challenge for the title race with most chances things can go fair for them in Champions League as well they already complete treble in last season and now in this season we can expect more trophies from them which are surely their right after having success in last season and having available sources like they have right now.

In coming season, they could be again on same level and their approach could be also as they have in last season because they are at the top of the game, and they are doing things which are surely needs for to win trophies.
54  Economy / Gambling discussion / Re: Wagering requirements for withdraw on: July 18, 2023, 09:51:00 AM
By the way, wagering is not a big deal for routine gamblers because they usually will keep on gambling until they are out of balance. If someone is not looking to gamble, he or she should not deposit in a casino.
It is a big deal if the wagering requirement is above normal, not all gamblers will keep on betting especially if they are on profit unless you are referring to greedy and addicted gamblers who will not stop and withdraw their profit because they think the profit is still not enough. Imagine if you experience it yourself when you make deposit and hit a decent win after you wager 1-2x of your deposit but you cant withdraw your money because the wagering requirement for your deposit is lets say 5x.
Most gamblers should know that the bonus in wagering requirements should be high,that is a bait from the casino to keep us playing.While that would be a very bad situation winning it big and not being able to withdraw because of wagering requirements you should know that in most reputable casinos every bet counts toward getting better VIP levels or tiers so keep playing there and even if you lose that amount trying to fulfill the wagering requirement you got a side benefit as you leveled up because of that.
It is basically not about the wagering requirement for the bonuses provided, but it is about the wagering requirement for the deposit itself without any bonus, like when you make a deposit without taking any bonus, you will be required to complete a certain but lower wagering requirement before you can be able to request a withdraw, this requirement is generally low like 1x or 2x but it can go up to 5x or maybe more if a casino wants.

And I don't really think that an average gambler can complete a VIP level just by wagering small amounts when trying to complete a wagering requirement, only whales and high rollers can achieve such a feat and we normal gamblers can only dream about things like that.
55  Alternate cryptocurrencies / Altcoin Discussion / Re: Digital Currency Security Requires Breakthrough Technology on: July 18, 2023, 02:35:53 AM
whatever the advantages of digital currency compared to conventional currency, digital currency will still not be able to replace the function of conventional currency as a legal means of payment. for me making a digital currency like bitcoin as an investment vehicle is very enough because the functions of the two are indeed different.
That is the case for now, of course, because of Bitcoin's volatility, most people see it as an investment asset more than a cash payment system, though it was created for the purpose of serving as a peer-to-peer payment system to transfer money back and forth without involving a centralized authority or giving any sensitive information to anyone only to keep your money safe, before Bitcoin, there was no decentralized mode for storing your money.

So we are yet to see a lot of things, Bitcoin being accepted as a payment method globally is one of them. So, we should probably just wait and ride the waves, for now, to gain some profit and keep storing Bitcoins while they are cheap, once we reach the time when Bitcoin becomes a global mode of payment, it will go too high in terms of price.
56  Bitcoin / Bitcoin Discussion / Re: Hodling Bitcoin on: July 17, 2023, 05:05:42 PM
It's all about personal decision my friend, holding bitcoin is very easy, I don't have to separate funds or bitcoin to different wallet to hold my bitcoin if I really want to hold, if I don't have any personal and important need for the money, I hold it, even In one wallet, I leave it there as an investment.

And on the other hand, just incase something important comes that requires I must sell some bitcoin to raise money to sort it out, i myself know what amount of bitcoin I've kept as an investment and whatever expenses I am doing, I make sure i never spend to the extent of entering my investment, lets say for example, my investment 1 bitcoin, and I have 1.5 bitcoin In my wallet, I know what ever transactions I am doing, it must be with that 0.5 bitcoin, the other 1 bitcoin will never be touched for obvious reasons.
Though what you say is right that one should have a clear count about how much of their assets they are willing to hold and they shouldn't spend that even if the wallet for their general expenses and holdings is the same, a lot of people tend to use separate wallets for both purposes so that they don't need to open and use the wallet they are using to hold their Bitcoins or other cryptocurrencies and they only open and make transactions with the other wallet.

But just because a lot of people do that it doesn't necessarily mean everyone should do the same thing, everyone has their personal preferences as you said, so some might have no issues keeping all their funds in one place while others might find it easy to separate their wallets for different purposes.
57  Economy / Economics / Re: How Long in Years Should I Wait Before I Close Down an Unprofitable Business on: July 16, 2023, 06:18:01 PM
I guess even 3 years is already long enough. Once I’ve never seen the positive impact of my business and it never shown any sign of progress in just a year or two, then leaving it could be the best thing to do than to prolong my business while there is no sufficient amount of income that is getting in. Otherwise, I might be triggered to take loans and might end up regretting.
Your business plan must be pretty weak and you don't know how to bring changes in your business as per the market demand and conditions or customer demand, otherwise, businesses do take a few years to set up and start running properly, and you don't start getting fruits the next day after planting a tree, it takes time, so one needs to be patient and hard-working and should have enough confidence about what they are doing in order to succeed.

So giving only 2 years to a business and then closing it down because it's not running is not the way. Even if you have to spend money from your pocket or take business loans, that shouldn't be an issue as long as you know that your business can become profitable in the future if you work on it.
58  Economy / Gambling discussion / Re: Gambling is more important for crypto users? on: July 16, 2023, 12:54:39 PM
Can you explain me why i need to learned gambling?

Simply put, here only millions of money are managed by asset owners, so where i have no money. In fact, i have ideas about gambling, but I don't have the ability to spend money there.
Where do you get the idea on the need to learn gambling? Gambling is just a leisure time and it’s not a mandatory thing to do when you are on crypto. It’s dumb to think of gambling while you don’t have the financial capacity to spare on this money burning leisure activity.

As a gambler, I don’t recommend gambling to newbie since you will just destroy yourself if you can’t handle your loses. Gambling is not important for crypto users. It’s the source of fun which crypto users find gambling is what important.
And gambling is so easy that you don't even need to learn it like how you learn crypto. There are so many ways to earn a crypto but it all started in investing and trading, so yeah crypto gambling isn't necessary. Having fun is necessary but there are still other better ways to do it than playing a gambling with or without cryptos involved as bets.

Money isn't the only thing that he need but also guts. Gambling doesn't forced us to start with a big amount anyway so there is no reason to be scared of it. Don't worry. He is still a newbie in gambling, I mean he won't immediately became an addict to it. In fact many newbies are cautious about it.
59  Alternate cryptocurrencies / Altcoin Discussion / Re: NFT OR MEMES on: July 16, 2023, 03:56:52 AM
Investing in memes is like gambling, I think we won't have too much data to analyze in detail and can predict which projects will increase in price. Investing in memes other than expecting luck to come to us, we will not have a basis to evaluate the project.

But not all memes will die or will disappear after that. For me, doge or shiba are the top 2 meme projects, they are even better than other topcoin projects. I really appreciate the two projects, even though many people on the forum would hate them. If judged fairly, doge has been around for many years, it is even more reliable than top altcoin projects like EOS, NEM, or Tron...I don't see anyone mentioning those top coins anymore, but doge is still a top coin on CMC.
When investing in meme coins the chance of losing money I think is much bigger,
so many don't recommend investing in large amounts and it's just a waste of time,
Doge and Shiba are a little different from the typical meme coin and that's worth considering.
Not only that they don't recommend to invest in large amount but they adviced the public to completely ignore them. A small amount is still money and can go a long way if put in worthy coins. Meme coins are not a waste of time but they are a waste of money.

Maybe it only becomes a waste of time if you take it seriously in a way that you are now researching them and then the result that you get is still unpleasant. It is because they can fake everything only to lure the investors. Even the DOGE and Shiba is still not adviced by the many. No matter what you say, they are still a meme coin with no real contribution to the crypto space.
60  Economy / Gambling discussion / Re: The fight between Mark Zuckerberg and Elon Musk. Who you betting on? on: July 15, 2023, 01:49:55 PM
I hope you are not serious when you use arguments such as Zukerbergs has now two medals from bjj tournament and Musk is a black belt in bjj. What was that bjj tournament? Tournament for white belts in Silicon valley? Beaten some IT nerds and now everything thinks he is good at bjj. And all of a sudden Musk has a black belt. Who gave him that? Seems to me the photo that was featured here was just a nice photo for article. Besides, having a black belt does not mean its owner has special skills. For example UFC is full of bjj black belt owners, but failed to defend against blue or purple Cheesy
Fake medals and freely awarded belts. Maybe the contestant was their staff. I wonder which employee will beat up his employer in such competition. The instruction is clear "Beat your boss and lose your job". The fighting skills of both Elon and Mark are highly overestimated. This fight is taking too much time to happen. If it is real, let's have the time and we need to start buying tickets. It is just a social media cage fight and a publicity stunt. Mark just lunch a new social media platform Threads and Elon has just established an artificial intelligence firm xAI. These rich folks are using this fight to attract attention to their startups.
Are you seriously still expecting the fight to happen? It's not real and they were never going to fight it off in a real cage, it's all a cold war where things are exchanged online the way Mark did by launching Threads as a competitor to Twitter when he saw the downfall of the platform after Elon bought it, and this will probably continue since it benefits them both, the public reacts to such news and their startups get more users as you said and they are happy with that.

People who are famous do these kinds of things only to gain more attention as it is good for business, who doesn't like free advertisement, that too globally? So they would never want this to stop and keep spreading, as long as they are benefiting from this.
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