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41  Economy / Gambling discussion / Re: Where have all the low volatility slots gone??? on: January 12, 2024, 11:50:45 PM
I also appreciate the allure of more frequent wins, even if they come with a lower ceiling, a steadier pace that I enjoy when playing slots. I agree with what was said about how the higher the RTP, the lower the volatility. I also prefer that because it allows for longer gameplay, and there's more entertainment and excitement in playing. As a new player back then, I was less concerned about volatility, and I didn't know about RTP before I started playing. I lacked awareness because I was more focused on graphics or animation. So, in terms of low volatility, I think each provider has games like that nowadays; it just depends on the specific game.

Once the gambler becomes aware on this feature, they can easily get the info of this in each provider.
Because most casinos these days are already providing such information to their players.
But I think, most gamblers don't really look into this info, RTP and other details attached to each provider.
At first, they will be after for the aesthetic features of the game and later on, they will dig deeper about the game.
42  Other / Archival / Re: Suppose you own a Bitcoin now. So what to do? on: January 12, 2024, 10:59:36 PM
One bitcoin to our currency is actually huge though but can't fetch you everything needed all in life but you can achieve a lot from it, on the norm if I have one bitcoin what to is to hold maybe I was given to spend it then I will have no option that to buy a rented apartment where I can have tenant rents them to live inside then will be taking monthly and yearly rent from them to further expand my investment portfolio. I can't go buy a house that won't generates additional income for me while living inside or going to buy a moto bike that won't give any profit than spending to service them.

If not an apartment, but a business that I think which can earn good income.
Because buying a house or a car/bike, won't give you income on a regular basis.
So you need to be smart on this, otherwise, such amount will just disappear without making the most out of it.
Money is fast when you really spend it. Find something that will give you passive income so you won't be agitated with your financial needs.

43  Bitcoin / Bitcoin Discussion / Re: The Debate: Should Your Business Accept Bitcoin? on: January 12, 2024, 10:22:51 PM
Deciding on crypto for your business is tricky. Bitcoin's cool, but it still has its ups and downs. Think about your risk tolerance, who you're selling to, and where you wanna go long term. Mix things up like throw in some old-school cash too. If you can swing it, why not dive into the crypto pool right? It might draw in the tech crowd, but keep an eye on those market waves.

Also, think of the reason why you are accepting crypto, is just because of the hype surrounding it,
or you have strong belief on this market? Your sentiments towards this market is important as well as your knowledge.
This decision is entirely yours, weigh your reasons and why you are going this route?
Also, you can still accept your old payment methods, it doesn't mean you will stop accepting cash, btc payment method should just be one of your additional options.
44  Bitcoin / Bitcoin Discussion / Re: Hold than trade. Just don't use leverage, futures. on: January 12, 2024, 08:54:33 PM
  Using leverage and futures trading in this situation is not a good thing to do if you know that you lack knowledge and that your knowledge is not enough. Actually, it's not bad to do this method as long as it won't be complicated for you and you're sure that you can eat it. It's fine.

   Although it cannot be denied that the level of risk is really quite high when you use these tools, because if it is not profitable, I hope no one does this method, which means that this method is effective, if it is long-term and you are an investor, hold on for now. That's what you should do for now.

As a lot of newcomers are aiming to get rich quick, they have the notion going into futures or leverage, will give them high profits.
However, it is too late when they realized that their position is already liquidated and nothing had left on their funds.
They need to learn their lessons in expensive way before they realized their mistakes but that would give them a different perception on this market.
This there's more than meets the eyes in this area of investment.
45  Economy / Gambling discussion / Re: Who says you can't be a millionaire in sports betting? on: January 12, 2024, 08:14:31 PM
This is what happens to many gamblers who continue to gamble because they hope to get big wins like other gamblers have experienced. The gamblers seem to forget that they have to really control themselves when gambling so that they don't need to use more money because getting a win from gambling is difficult, let alone getting a big win like that. Some gamblers indeed want to win, but they should be able to realize that gambling games are just for fun, so don't think about getting a jackpot prize because that will only make us spend more money. We will not be able to lose more money because we are chasing big wins that are already very difficult to get.
This really looks like a very difficult task, you can try to place small bets with huge odds and hope to win, but the probability of winning in this case will be so low that it can probably be equated to winning the lottery. I tried several times to earn something on bets, but every time my losses ended up being greater than my winnings, and besides, I don’t know how to lose, this makes me very upset, even if the bet amount is small.

If you are a long-time sportsbettor and very familiar with the sports, I believe there's a chance.
But yes, luck should also be on your side to get those multi-bets win.
One bet and you are doomed with your long list of bets. That's why this technique is quite hard.
Not many people can achieve such luck in multi-betting, but it is possible.
This is why sportsbetting is one of the gambling games which doesn't totally rely on luck but your knowledge of the game itself.
46  Bitcoin / Bitcoin Discussion / Re: What would it be like owning a Bitcoin in 2024? on: January 11, 2024, 11:46:38 PM
No investment is 100% safe. However, in as much as Bitcoin is not also a 100% safe investment as well, at least it is a safer investment than other cryptocurrencies (altcoins). Some of these altcoins can turn you from hero to zero in a wink of an eye, but Bitcoin has never done that. My piece of advice is that you don’t have to rush and buy large quantities. You can DCA (buy little by little) till it accumulates. Think of it like a way of saving money in the bank little by little, but in this case you could earn a lot more interests.

If a person wants a lil bit of assurance also, one should not venture not only in crypto market but also tangible assets.
The easiest one for me is the gold jewelry, because you can buy from auctions in pawnshops and have cheaper gold jewelries.
Crypto market in general is a very volatile venture to take, so even if you say you want to hold btc, still you need to take care of the risks involved.
And for most, buying btc today is like they are already too late, but think of the possible scenario in the coming years, are you going to buy it now or in the next years to come? So seize the opportunity while it you feel you have some advantage of.
47  Bitcoin / Bitcoin Discussion / Re: Jamie Dimon said he would close Bitcoin down if he was in government on: January 11, 2024, 09:02:05 PM
See that's the funny thing or irony of the whole situation.  Jamie has continuously bashed bitcoin and cryptocurrency yet his company created their own cryptocurrency coin as well as doing things such a filing for an ETF.  The main is a massive hypocrite on top of being one of the worlds biggest scumbags.  I can't stand this piece of human filth.  

Banks are only interested in Bitcoin's core Blockchain tech. Not the cryptocurrency itself. JP Morgan has been experimenting with its own version of the ETH blockchain for the implementation of its very own cryptocurrency/token. Yet, Jamie Dimon criticizes Bitcoin as being a cryptocurrency used for criminal activities. If that's the case, why care about Blockchain tech at all? Pure hypocrisy like you've said.

Eventually, these bankers will launch a CBDC with the government to proceed with their plan of a "global reset". The rich will become richer, and the poor, poorer. Once CBDCs rule the world, we should expect a full blanket ban for decentralized cryptocurrencies like BTC and ETH. At least, in the future. Lets all enjoy the spot ETFs hype while it lasts. Grin

They are hypocrite indeed, but that's how they handle business here.
As long as they can gain something out of it, sure, they will explore such path even if it is like against what they previously said to the public.
Business is business, so long they can exhaust some profits, they will be hypocrite persons.
With such attitude, we can already see who's trustworthy or not, so it depends on you as a user who to follow when it comes to possible financial advice.
48  Alternate cryptocurrencies / Altcoin Discussion / Re: “X” users are struggling as Crypto Scams in Ads,officials have no clear respons on: January 11, 2024, 08:16:13 PM
X didn't have ads like this in the beginning but in recent times,  the media has reported that X is currently worth around 70% less than what Elon Musk paid in 2022. So he has to make buy some of that money somehow. What's even more surprising is that even blue subscribers are not exempted from the ads — except the fact that they get less ads compared to free users.

My rule of thumb for dealing with these scammy ads is simply to block the accounts doing the ads. It's not much but I get some satisfaction that I'd see one less ad on my feed.


That you can do as a user. It is not a difficult task to do anyway.
Also, avoid clicking those links if you think your security is being compromised.
This platform will always find a way how to earn money, so you can't blame them for deploying those ads as additional income.
The officials may be mum for now but if a certain influential person will comment on this, they may think about on this matter.
49  Economy / Trading Discussion / Re: Does this Qualifies you to give non-professional or semi-professional financial on: January 11, 2024, 07:44:38 PM
It's fine to say how the run have been based on my experience but I'll always add the disclaimer that it has no assurance if I'm telling positive things and prices.

I'll always quote that "it's based on my experience" so that's not going to lead people into thinking that even with experience, we're claiming that we're not professionals but just some random guy that have been through thick and thin on this market.

That would be a better approach even if you have more than a decade of experience in this market.
Because up until now, even if you have long years of experience, you can't guarantee that you will get profits from your decision.
You can give a non-pro piece of advice if they asked you to, but would be better if not asked.
Because in case something goes awry with the investment of that person, they can take it against you.
So yes, always say a disclaimer if someone happens to consult your advice regarding this market.
50  Economy / Gambling discussion / Re: Long-term profitable strategies on: January 10, 2024, 11:45:00 PM
I think the long-term profitable strategy for gambling is to know when to stop when we are winning and continue it for another day.  Self-control or moderation is the key to long-term profitability in gambling.  There is no such strategy that will affect or enhance our chance to win so we must take control of our gambling engagement.  As I stated winning is the only way to profit from gambling and knowing when to pocket the winnings will help us to not waste the winnings we get from our gambling activities.  

In addition, we should know when to stop to prevent severe losses.  Minimizing losses and maximizing the amount of winnings through controlled/moderated gambling, I think is the key for long-term profitability.

And upon winning, better invest into something that will give you passive income.
Because if you will just go back to your games, the likelihood that you will lose it all is very high.
Chasing losses is the usual dilemma of most gamblers, and that is the activity that most are guilty of.
Without stopping and pausing for a bit, will be a dangerous way leading to addiction and deep debt.
51  Economy / Speculation / Re: Heading into 2024 crypto year: what are your hopes and fears? on: January 10, 2024, 09:45:08 PM
I feel like going all in with my funds in preparation but am still a bit skeptical of unforseen circumstances, what are your thoughts? Do you think BTC could hit a record high of $100k as predicted by many analysts or one should thread with caution. Share your insights

Despite the bright lights shining as you see the glimpse of hope that this year is good to be a great run for bitcoin and crypto in general, a good investor is the one that does reasonable investment. So invest wisely and don't put unnecessary pressure on yourself because you want immediate profit. No doubt that after the halving we are going to see bull run and if eventually bitcoin ETF is approved then it will further increase the volatility, however don't borrow to invest or throw all your money in to avoid pressure to yourself for the price to get to your target point.

It is still best to be conservative with estimates, especially if you don't have much funds to spare.
Fake news about approval of btc ETF, already gained a good jump in price. What more if the approval is true?
So it is fine to invest a good amount here, however, you should consider your financial portfolio, if you really can afford to.
52  Bitcoin / Bitcoin Discussion / Re: Three basic fact you would love to know about bitcoin on: January 09, 2024, 09:45:24 PM
3. Bitcoins have to be stored in a digital wallet, either online through an exchange like Coinbase, or offline on a hard drive using specialised software.

Fun fact I discovered several years ago talking to non-users (just people who bought to speculate er, I mean invest). Most owners have their coins stored on an exchange or even worse, on a site/broker/app. They see a digital wallet, but only in the same vein as any other digital wallet. They don't use a Bitcoin wallet, so don't deal with Bitcoin private keys or addresses, and don't interact with the network.

To demonstrate (Covid times maybe, don't recall when exactly), when PayPal offered Bitcoin buys, a lot of users "bought" Bitcoin with PayPal. So their wallet showed Bitcoin, priced in USD, and they could sell it at any time, but there was no way for them to actually withdraw that coin to their own wallet.

These aren't coins. These are just made-up numbers.

I don't know how it is now in 2024 but I wouldn't be surprised if most new investors don't actually even really buy actual coins.

They will learn their lessons quick once those 3rd party sites closed down for good and they have no way of recovering their coins.
It will be an expensive lesson if they continue to store their assets to other sites having no full control of what they have.
That, I guess, at some point this concept these newcomers will be oriented at. Not to store their coins to any 3rd party sites.
But I also do think, that even long timers here are still storing some of their stash inside crypto-exchanges especially now of the high fees involved.
53  Other / Off-topic / Re: Who does gambling addiction affect the most? on: January 09, 2024, 08:11:04 PM
So I want to ask, between the gambling addict and his immediate family, who does the addiction affect the most?
I don't know if there is a way measure who gambling addiction affect most but the truth is that if the family have minors, they will carry the scares of the characters that will be exhibited by the addicted gambler for a long time. It is not strange to see gambling addicts become aggressive which can lead to domestic violence, this will leave a very bad effect in the heart of the family. So I think the family might be more affected.


I would say it depends on the gambler how he displays his emotions to his family.
If he can keep it to himself, there's nothing to worry for his immediate family.
But if his kids are seeing his lifestyle and how it affects on their daily lives, it may cause a life-long trauma.
So for this question, it is a case-to-case basis, relying on how the gambler is living his life with his family.
54  Economy / Economics / Re: Corruption in Nigeria as a Problem of Economic Growth and Development on: January 08, 2024, 11:57:42 PM
It's a widespread problem. Even in developed countries, there are still tons of corruption happening and people are just silent about it because they are reaping the benefits. Nigeria is a unique problem though, because corruption is very evident yet people are not really trying to do something about it. They vote the same people expecting for different results. So long as the citizens are not actively doing anything about it, they will always be a victim of the dire economic conditions in Nigeria.

Corruption won't go away, and it is always part of the society that we can't totally eradicate.
But the officials should not totally worry about their pockets, at least help their constituents to alleviate their economic status in life.
As corruption can't be avoided, what they can do is at least alleviate or improve the economic condition of their constituents
55  Economy / Economics / Re: How influential is crypto worldwide? on: January 08, 2024, 11:15:19 PM
I do not understand what you mean when you say that it won’t become what it was meant to be. What was it meant to be? How does it getting more adoption hinder it from becoming what it was meant to be? Or have I misunderstood what you said.

In the whitepaper the very 1st line reads: Bitcoin: A Peer-to-Peer Electronic Cash System
It was meant to pass values from point a to point b.

Sure it does that but slower and more expensive than when the whitepaper was written.
Now its a store of value, Being that valuable plus slow makes not a good candidate for transfer. Imagine you pay me and 3 days later when the sats arrive they are worth double.

The comparison I set up to put things into perspective, Bitcoin has done a lot, without much adaptation. And why change something good?

My opinion on this is that, let us be grateful that Satoshi created this currency, which is now considered valuable in today's market.
Just look at how the its market price is progressing thru the years, will give you an insight that this currency has been progressing a lot in the past years.
And just see the adoption today, and it is still growing makes you believe that this market has great potential.
Consider the popular personalities as well as known companies which are already tapping this market.
56  Economy / Trading Discussion / Re: I see many users talk about trading but does anyone here actually trading? on: January 08, 2024, 10:02:57 PM
Effort is less and most important you do what works for you. That is what I want to learn the people in the world, don't follow other paths.
If you haven't find it yet, then you don't know who you are. You said good, simple and easy with a short good message.
Yes, we're in a very high volatile market and do what you can do and what works for you. A strategy can work for everybody but not for me and vice versa.

Thanks for appreciating that because that's the reality.

Strategies that works for each of us will eventually be suggested by the others who have tested and successfully done it. But it's not like we hear the same stories everyday.
That part of "some may work for some, and not work for others" part is the most important part that many people are missing. Let's assume that there is a strategy called X, that doesn't mean that it will make money for everyone, I can use the strategy X and make a lot of money and meanwhile you can use the same and make nothing. This is why it's quite important to realize that you are going to end up with not a single solution to any of this, that's not how any of this works.

You need to figure out what works for you, test stuff and see the results and keep testing until you find what works for you on the long run. I believe that we are going to end up with something that would be a lot more important on the long run without a doubt.

That is actually true, the technique you have found may not totally work on others.
This is why we are in continuous pursuit of our own tactics that we will be comfortable of.
As we have a very volatile market, one should always keep in touch with what is actually happening in the market.
57  Economy / Trading Discussion / Re: How do I succeed as a trader in 2024 on: January 08, 2024, 08:51:43 PM
As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Jumping into trading to make a lot of money this 2024 is not advisable for you to do if you haven’t been learning about trading for a very long time. Trading is not something you can just wake up and decide to do without having enough knowledge about it before. We are already in 2024 but I think it will take you at least a year to be a professional in trading with consistent practice, that is not something you can do now since you’re looking to start trading in 2024 to make a lot of profit. This 2024, just invest in good projects that has good potential of making it in the bull run and stack up a lot of BTC for backup.

That you have a valid point, it is not a day or two just to learn the ins and outs of trading.
But sometimes it would take months to years to have good understanding on this market.
Many newcomers still have the notion that they can earn huge profits if they jump on they hype.
However, they will learn their lessons quick once they taste their first loss in trading.
58  Economy / Gambling / Re: Finding a Bug on: January 07, 2024, 10:57:42 AM
I'm not going to comment on the bug itself  as no PoC has been provided (I don't think it's ethical to post it publicly without the casino's consent, anyways).
However, I wanted to salute you for your honesty and reporting the bug instead of exploiting it and milking the casino's wallets dry!
I also wanted to share my opinion on your second question:
How does someone go about reporting a bug to a casino a still hold casino accountable to pay a bounty?
You can't hold them accountable especially if they don't have a bug bounty program. Even those who have it but don't want to pay you can claim it's a duplicate and reject your report.

That is the problem if the site doesn't have bug bounty program. You can't force them to pay or give you some reward for your work.
But if you want clear conscience, you can report it to them without waiting for any incentive.
After all, they are not forcing you to report. It is in your morality whether you report it or exhaust this opportunity for your own gain.
Either way, it is all on you at the end of the day. The management will just according to what the owners wanted them to do.
59  Economy / Gambling / Re: UNREAL!! Sportsbet.io pays out a $42,000,000 USDT Casino WIN!! on: January 07, 2024, 10:36:45 AM
The winner is a very lucky person because turning $50 into $42M is not for everyone. I'm happy to see that sportsbet.io paid the winner the mega jackpot that he has won. That's why I always say that luck plays a very important role in the life of a gambler if someone is lucky then he/she can win so much that's beyond someone's thinking and if someone isn't that lucky then they won't win a lot in gambling.

Sportsbet.io has given that player the happiest moment of his life and I'm happy to see something winning that huge amount. I'm pretty sure that in future we may hear more news of same nature and a few more players may win huge rewards for betting online.

Such fortune is indeed once in a lifetime so to speak. Hence, should not be wasting this opportunity.
He can venture a lifelong investments so even if he goes back to betting, he has a back-up financial resource.
Not many gamblers have such kind of luck. This is actually a very rare happening in a casino especially online crypto casino.
I believe, a lot will try their hand on this site after the publication of this news.
60  Economy / Gambling discussion / Re: Mental rehabilitation clinic. on: January 07, 2024, 10:11:47 AM
I believe that these arguments and ways to communicate should be discussed by a professional in this sector.
Personally I have no idea if some topics could istigate more or have a detrimental effect on a gambler.

In any case, what I've seen have right for an approach with a gambler is:
make people reflect on the real statistics/probability of events.
ask an inveterate bettor to list his income and expenses and from there understand if this activity is worth it

This decision unfortunately is on the gambler himself. If he is determined to change, he can change for himself.
But of course, as much as possible he needs support from his immediate family as much as possible.
As he can easily divert himself to the old gambling life, he always need assistance from somebody close to him.
Also, he needs to find a motivation on why he can keep such lifestyle for long-term goal in life.
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