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401  Economy / Gambling discussion / Re: I just woke up and saw wins in my gambling app on: March 09, 2024, 06:23:22 AM
If this was a glitch, then the gambling app has all the rights to claim the money back that you have won. You didn’t complain in this case, as the game resulted in a win, but what if your funds were lost? You have cried till now right? So here the main culprit is the gambling platform you using. Many trusted gambling sites doesn’t work like this and they don’t support laggy environment. It’s high time that you change the gambling app that you are using.
Well, that's not the case because what happens is that the OP places a bet and forgets about it, meaning he places a bet out of nowhere, but for some reason he forgets it like it never happens, so it is a strike of luck and its normal or rare rather because being that lucky will never happen always. I personally think that what the OP does is too risky because what if he loses the bet then in another day he will see the lose then that would be a different scenario or reaction? Gambling is predominantly about luck, so it's rare that you will be lucky one day.

I don't think that a glitch will make the bet on its own, so yeah, a glitch is not the cause of OP winning a bet; he practically placed a bet without worrying about the result; maybe he is not too focused and only placed a bet out of instinct.
402  Bitcoin / Bitcoin Discussion / Re: 1 year of accepting crypto payment in my fashion store on: March 08, 2024, 02:22:09 PM
~snip~
The only down side I have experienced is the price volatility of Bitcoin. This has a huge effect on the business, because you need cash to run the business. Do you convert to fiat immediately or do you hodl the crypto payments you receive? If you choose the latter, how do you keep record of your actual profits? For me, I save my money in USD because of the unstableness of the naira. Accepting crypto payments has been of great benefit to me, crypto doesn't have an off-day like the banks do not work on weekends and the network on weekends are usually terrible, crypto payments saves me the bank trouble.

Advice

You don't have to know everything to begin, just start. When I started, I used electrum wallet to receive payments. Then I got to know about lightning network, which I adopted. I have recently become acquainted with a crypto exchange in Nigeria. I'm considering a deal to create a merchant account with them as a payment gateway.


Price volatility is the risk we should always consider when we are dealing with crypto currency.
It could be good or bad on our business, we could earn more or loss some of our earnings.
We should also consider the transaction fee cost for our customers.
But great job to you OP on having a huge success, it has been a year and you are still keeping it up.
True, and also not just the volatility of the bitcoin market; we, or a business owner, should also consider the transaction fee. Yeah, accepting crypto currency or bitcoin payments to your business could add to its popularity and target customers because you are giving them an additional option for paying in your business, but the thing is, how about the transaction fees? As we know from recent months, the transaction fees for sending assets or crypto currency from one wallet to another are too expensive. The transaction fees sometimes surge too much, which results in transactions being held as they can't take the expensive transaction fees. Yes, we have a light network, but the thing is, it is not worth it to open a light network for a one-time transaction with a specific crypto wallet or address. But yeah, it would be great if more businesses would accept crypto payments because it means that slowly many establishments will adopt crypto currency.
403  Economy / Gambling discussion / Re: Simple mistake that makes you lose everything on: March 08, 2024, 09:17:38 AM
I always have this kind of mistake before way back when I’m still inexperienced gambler. A simple mistake such as not placing a bet on a round that result to massive win just because my screen glitch makes me tilted that resulted to lose focus and bust all my bankroll quickly due to risky bets.

There’s some instances that I’m already winning big on blackjack then one of my bet is a pair of 10 which I accidentally double down instead of stand while I place huge bet triggers me a lot that result to terrible loss.

I’m sure many players here experience this kind of minor mistakes that resulted to terrible outcome. Share your story and let’s have fun hearing it. I hope there’s no BS story…
Well, honestly, this kind of mistake is normal for beginners in gambling because they tend to want more than what they can have. An example is, like what you've said, OP, that you know you are winning but decided to double the stake or you decided to stake again, which resulted in losing all the funds you have. This is a normal thing for gamblers, especially if they already have a taste of winning in gambling. At least if you first experience losing money in your first gambling experience, you will become wary the next time you gamble. 
I'm sure all of us here in this forum are already or must have done this kind of scenario, including me, because sometimes I'd like to follow my greed, and yes, the majority end up losing funds, but sometimes I win, but I don't consider it the right way of gambling, because that is gambling over the influence of greed.
404  Economy / Gambling discussion / Re: Stake.com - unethical practices on limitting losing players on: March 08, 2024, 06:43:22 AM

I understand that you can make your decision yourself but I think the casino just did that to aid minimise the lose and also allowed you to gamble but a limited amount for gambling.

Just accept the decision of the casino with fate and possibly give yourself sometime off from huge amount of gambling and mind you, be careful as I see some post with an invite. You never can tell till you have the experience and by then it might be too late.

It's easy to say "just accept this" but actually it's not.
Sure he could just move on but then he would leave behind a highly valuable diamond VIP account.
Just to show you, to reach dimond 1 you must have wagered 25 million $.
It comes with cumstomised benefits, of course increased weekly/monthly bonus and reload, and so on.

So basically you can get lossback, better bonus than anywhere else with this. So nobody would want to start a new journey somewhere else. But OP, if you do want to play somewhere else, you can consider bc.game. Let me refer you and we can share the benefits.  Wink
Stake is a lot cause, once you are limited they will never lift it, speaking from experience.



Obviously, some casinos just promising what they too can not offer. OP I really understand your situation currently and I think you should look into Metawin.com to see for yourself all the available features on the casino.  I believe you will have a good time with the casino mentioned . Why not give it a try or.
The thing is that the casino set a sudden rule or restriction for a gambler or a user on their website for many years. It's hard to accept that after all this time or years the gambler spent in betting or doing gambling on that website, they suddenly limited his maximum bet just because he won a huge amount of profit. I see that it is unfair, and of course it is suspicious that even customer service has not taken action about the complaint of the customer. Well, I don't want to judge the casino, but with that movement, it shows that the casino website is a red flag, which means they are not fair to their customers. But yeah, we can't do anything about that issue because they will just negate the complaint and keep their business running, so you can either get out of that website and find another trusted casino website or incur the limited betting amount.
405  Economy / Gambling discussion / Re: Making decisions while betting on: March 07, 2024, 11:43:32 PM
As humans, it's extremely hard to detach from your emotions when making decisions. It will always be there even if you don't want it to. In order to not get emotions in the way of your decision making, you should start ignoring it slowly. It's a slow process, but if you're doing it consistently, you'll have no problem ignoring emotions on difficult situations such as choosing a bet between your gut feeling and what the numbers and facts say.

Be a robot if you may. It helps a lot, though in order to achieve such nonchalance, you have to work your way into it, and it takes a long while.

I don't think we can totally discard the emotion part when it comes to betting. But as much as possible, be logical with your choices, like when your favourite athlete or team is playing. Even if you are a die-hard fan of them, just consider their chances in the game. You can bet on the opposite team if you think they are getting ahead.
True, we are just humans that tend to let the emotion take over to make the decision, but if abettor or gambler will be able to suppress their emotions and still think rationally despite the bad situation, then it will be a good advantage for that gambler because he or she most likely avoids being too addicted to gambling or losing money just because of making decisions out of nowhere or fueled by emotions.

But even those strong gamblers are just humans, so I don't think there is a single gambler that didn't ever gamble out of their emotions or under emotion, and that's normal because, as I said, we are just humans, and who's person is able to handle the stress or emotional damage of losing money frequently? Even I admit that I frequently gamble under the effects of my emotions, and of course it turns out bad as I lose funds on that.
406  Economy / Economics / Re: Recession soon? on: March 07, 2024, 10:36:50 PM
People might be aware that some of the esteemed and largest organisations are laying off their employees left right and centre, are we heading into recession? Because I have seen my colleagues getting laid off and it's been months they are unable to find a job. Either we are heading towards recession or globally companies overhired the employees post COVID hence clearing the additional manpower. I am bit convinced that it's like recession sort of thing and not sure to over hiring. Share your thoughts on this crisis which has left a good amount of people without any work.

The current layoffs likely stem from a combination of two factors: over-hiring during the pandemic and mismanagement from executive leadership. During the pandemic, companies understandably hired additional staff to manage the increased workload. However, some executives may have authorized these hires without thoroughly evaluating the long-term need for these positions within the company's workflow. Interestingly, when I search about layoffs, they mostly seem to be happening in tech industries. However, in other industries that I'm familiar with, the demand for employees remains high, making it easier to find a job.
Lets not ignore the fact that slowly companie are adopting machines that could help especially in production, take example the food industry where in the past people or man power are important in order to do the production going and to produces many products but because of the technology innovations production especially in food industry wherein one machine could do a lot of work than people and it will be more less cost because it is a machine, lets face it in the industries where AI or automative machine can pur on will most likely able to lay offf their workers as the machine is doing their job already, so the scary part is that we may expect more companies that will need less people to do the work. Thats why too much innovation and advancement could give both advantages and disadvantages, so will you let yourself be left behind? Do your part.
407  Bitcoin / Bitcoin Discussion / Re: Massive withdrawal of Bitcoin on: March 07, 2024, 10:09:42 PM
That is how volatility works. It’s an open market and anyone can buy or sell whatever amount they want to. While you’re hoping it gets to $70k, there’s someone who wants to take profit at $69k and that’s fine because that’s how it works. If more people are purchasing then the value will increase irrespective of the amount on sale. Currently I’ve noticed that it’s been hovering around for a way and it’s because but buying and selling forces are just about the same.
As you said, that's how the market works or that's how investors work; we can't control those who will sell their assets or holdings as we don't know who they are, and it is not right to stop them from getting what they want. That's why bitcoin is freedom in the sense that you are free when it comes to finances. As long as those whales or big bitcoin holders don't sell, I think we are fine, or the price of bitcoin will still linger at a high price or the price will still go up, but of course it could become slower when there are small investors who sell their assets. But based on bitcoin's current community, I don't think that right now we will let the price of bitcoin go down; we aim for a higher amount, so until the bitcoin halving comes, we will not sell our assets.
408  Bitcoin / Bitcoin Discussion / Re: Are people still using bitcoin ATMs? on: March 07, 2024, 09:55:53 PM
Well, I haven't physically used a bitcoin ATM, and I just recently learned about this bitcoin ATM. It's amazing that there's already an ATM dedicated to bitcoin. I'm curious about how it works. I mean, I looked it up and learned how it works, but I'm more curious about experiencing it firsthand or physically. But the thing is, can this innovation be implemented worldwide? Well, it depends if there will be a strong desire in bitcoin to pursue it or if the country itself is welcome to the idea of bitcoin because all things should be done with process. Anyway, yeah, I'm very curious about how it will be used personally. I want to experience it just once, but the problem is I can't go to another country or to NYC, as the OP said there is a bitcoin ATM there. But has this ATM been used by those holders or investors? As we know, we are long-term holders, so are they actually using it?.
409  Economy / Gambling discussion / Re: Has this ever happened to you as a gambler? on: March 07, 2024, 03:55:46 PM
That's called as ignorance.

It seems like the gambler know if he don't have any money left, but he tried to take a risk in hoping he will win and he might able to recover all of his previous losses. Unfortunately the results went opposite and he don't know what to do to pay the winners.

Even the owner already inviting the police to settle the case, I believe he won't pay it and it's a loss for the owner since he will pay with his own pocket to the winners.
Not just ignorance; what the gambler does in that situation is showing how desperate he is to the point that he will let destiny do the work, but unfortunately the time and moment didn't side him; instead, he experiences a great loss that will surely make him suffer. I don't want to say that it's good that it happens to him, but the thing is that happenings should be a lesson to him because if not and he will still spend a huge amount of money just to gamble without thinking about the circumstances, then he will be of help. As a gambler, thankfully, I still don't experience that scenario, as I also don't let my money be used in gambling as I value my money, and I also don't gamble out of desperation. I always keep my mind and self in check in order to avoid placing a bet or playing gambling.
410  Bitcoin / Bitcoin Discussion / Re: Profiting from BTC: just luck? on: March 07, 2024, 07:30:32 AM
Well, for me it is mixed luck and rational decision, rational decision in a sense that I decided to invest in bitcoin despite the price is too high for me, I started investing in bitcoin in the year 2020 so I'm not calling it a late entry in the market it's just I missed some good events or bull run in bitcoin, it was a big decision to me because I allocated a significant amount of money from my allowance and that's when the luck part enter because luckily from there it turns out great in a sense that I earn from holding bitcoin for long term, of course there is a times that I make bad decisions in buying bitcoin asset but it is part of the investing life, but right now that bitcoin price is rewarding us investors, I will say that me investing in bitcoin is a good decision for me, I'm just lucky because it came across my mind and take the initiative.
411  Economy / Trading Discussion / Re: Market Correction on: March 06, 2024, 11:57:16 PM
Hi guys, The correction we saw in the market earlier this week led to a lot of liquidations. Were you or anybody you know involved in a losing trade that day? If so, would you mind sharing some details about it? Thanks, Martin

Because of the correction this past day, there are many people who bought bitcoin at its expensive price. Did they buy them without knowing that there is already a retracement happening in the market? Of course, either they will be disappointed or there is nothing they can do but wait for its price to rise again in the market.

That's why it's difficult to buy when there is a liquidation to be done in the market, but the one who understands is really a winner and will get a good profit in situations like this
That's the problem of those investors who carried away from the hype; they are buying assets or entering into a trade without thinking or considering what might happen in a few days. I get it. In the bitcoin market, maybe there is a chance of it increasing more as bull runs are not around, then it's better to buy assets than do a trade because if you enter into a trade at a price hike, then if the price drips because of a slight correction or other circumstances,. You will be in trouble and also lose your trade in money, so this should be a lesson that you shouldn't just believe and carry away in hype without even thinking or analysing. Because that is the most common mistake that every investor makes,think before you engage in any trade or investment, or else you will learn it the hard way. Now that the market is more unpredictable, we should always take precautions.
412  Economy / Trading Discussion / Re: Pump Bitcoin over $70,000! on: March 06, 2024, 11:19:50 PM
I see many negative feedbacks about the OP's statement. What's wrong with investing in shit coins or meme coins? It's their own money. Let them do their thing. I know we don't like shit coins and meme coins, but for those who can't afford to invest in bitcoin and don't have enough knowledge in crypto, cling to these coins and let them learn their lessons. The risk in those coins is that they don't have a strong community like in bitcoin because, as I know, if ever a meme coin or shit coin reaches a high price, whales in those coins will sell immediately, thinking in mind about their own earnings only, unlike in bitcoin, we keep on holding in order for the bitcoin price to surge even more. It doesn’t mean that if bitcoin price increases and those shit and meme coins will increase drastically also, yes, they will show movement as a light effect of bitcoin price, but I don't see relying on bitcoin price for those coins.
413  Economy / Gambling discussion / Re: Indirect victims of gambling addiction on: March 06, 2024, 11:00:16 PM
As with any addiction, the effects of addiction to games of chance and betting do not fall on the gambler alone. It affects the family, friends, relatives, and everyone around him, and may lead to the deterioration of their conditions.
Gambling indeed has many impacts on its users, but apart from negative impacts, positive impacts have also been felt by the users themselves, including family, friends and also the surrounding environment..
You have just dropped a piece that I have been on with, pondering about it whenever I read about gambling addicts. Is it that they prefer the negative aspect of the impact of gambling on them tuan the positive that a whole lot of gamblers that are not addicts are testifying of . In as much as you don't have to be an addict for you be guaranteed a lump win in gambling I see no reason why gamblers should allow themselve's into addiction.
Its because that is mostly the end game of those gamblers, they will eventually end up being addicted just because they let themselves to let loose and let their greed to take over, but sometimes what's making gamblers addicted is because of tthe regret of losing money from gambling and they will try to recover their loss and eventually without a notice that they are letting themselves to become addicted to gambling, but for those addicted to gambling that letting other people around them involve because of his addiction is the worst, it means that the gambler is not in a good state anymore because he doesn't carr about other people around them, normally their family and friends, worst if they already have their own family imagine the situation that family will be in.

So if you can't control yourselves anymore, at least don't let other people be affected and involved in your problems; they may help you, but if they do wake up, it means they are ready to be involved in your chaotic life just to help you.
414  Economy / Economics / Re: Our decision making is responsible for the outcomes in our ways on: March 06, 2024, 10:36:33 PM
"Had I know"
Do you know that even some people knew the outcome of their actions, it will not still discourage or stop them from doing what they have planned to do. The outcomes me of decision making does.not scare some decision makers so they can be very reckless with decision making at times. There is no decision that doesn't have an outcome, and as a decision maker, always consider the outcome of your decisions before you make up your mind about them.
That phrase "Had I know" is like the phrase I know,which means "the regret is in the end," meaning no one can ever know the outcome of their decision or action, so they will realise and regret it after the result, and that is normal. What I mean is that people tend to consider less what's the possible outcome of their decision or action; it can't be helped. We are just humans who make mistakes all the time. The important thing is, how will you cope with that mistake? Will you let that affect you? The important part is how you will do next after that realisation. As they said, we can't do anything about what happens; focus on what is present and not let yourself get stuck with what happens, which hinders you from moving forward. Everything happens for a reason as they said so expect a greater return of you will do your part.
415  Bitcoin / Bitcoin Discussion / Re: What is that one reason that motivates you to invest in bitcoin even at ATH ? on: March 06, 2024, 10:07:56 PM
For people who do DCA even a new ATH wouldn't stop us from buying Bitcoin, at least for me, I am discipline with about my DCA rule. While for speculators I think they would wait for a correction, at the time I write this reply, Bitcoin has already experienced a correction and now it also has bounced back, so buying near the ATH is not actually a problem (at least for now). While there are also some new comer who bought Bitcoin on ATH just because they are FOMO, which never ends up in a good way.
.Exactly if you are a DCA method user investing or buying bitcoin even at its highest point this time is not a problem because we also believe that bitcoin bull run are still around meaning if this price increase caused by ETF and because of halving preparation then expecr that when the bull run comes then the price of bitcoin might doubled, and because of the hype of bitcoin I'm sure there are many new investors entered the market despite the risk as they don't want to miss out the opportunity but of course we can't ignore the idea or the risk of correction in the market, well its part if the process, even there will be a correction I don't think that its price will drop too much especially many more are buying bitcoin at this time, I also not afraid of buying bitcoin even if it touched its ATH, if I'm wrong it doesn't matter because I choose this decision.
416  Economy / Trading Discussion / Re: Is trading good for beginners? on: March 06, 2024, 09:48:33 PM
Remember that everyone is beginner at start so trading is absolutely good for beginners but there are some points that should be remember  by the beginners. They should use little amount because start of trading is just to getting an understanding about trading and during learning there is a greater chance that you will have high risk of loss.

Don't think that this loss is the limit of your trading but consider every loss as a lesson for you that even an expert cannot teach you. If you consider that your loses are higher than your win then try first to focus on learning rather than trying again and again to achieve your goals.
Of course, everyone who has just started trading must try it with a little capital so that they can return to trading if they fail on their first try and must also learn about the mistakes they made in order to avoid making the same mistakes, because trading will be very risky if do it without having a good understanding and experience in trading, even those who have good experience in trading still have to be careful in trading to avoid the possible risk of loss in the trading they do.
I agree but the thing is the first thing that a person who wants to trade is to learn the basics first, give some time and effort to learn before execution and also practice in demo, its bad for a beginner in trading to immediately start trading using a live account and their funds because it may affect their well being in a sense that if they lose their first trade which is normal and understandable, they will lose their confidence and will always has the feeling of fear that may affect their decision making and their analysis, they might become too wary in every trade they will do next, so its better to gather more knowledge so eveb if they lose the trade at first they will know why, experience is a great teacher so yeah combine it with knowledge then it will be the tool for a trader to start and to earn, trading is a continuous learning so a trader should also possess the characteristics of having a very long patience.
417  Economy / Gambling discussion / Re: What is the most you have ever won gambling? What is the most you have ever lost on: March 06, 2024, 02:09:44 PM
There are a lot of topics about losses and wins in gambling. If you just explore the forum more, you will see that there are even repetitive topics about gambling being the reason for losing money. Well,  there's nothing to expect in gambling; there are no winners in gambling, except for those who are really lucky or just luck sided them at some point in their lives. 

In terms of losses in my entire gambling, I can't say as I don't remember it, but maybe a loss in a day. I experience losing a total of $500 in just one day, and after that, I don't let myself waste that kind of money, so I learn to control and limit myself. And for the win, maybe my highest win that I can't forget is approximately $2000, which is a really huge amount that helps me a lot in terms of investing.
418  Economy / Gambling discussion / Re: Is AI going to affect gambling in any way ? on: March 06, 2024, 08:45:55 AM
Yes, in the sense that AI could be used for cheating on gambling sites, as the technology keeps on upgrading and keeps on advancing. There is no doubt that someday AI can be used to create software that can be used to cheat on any gambling site. In the sense that every website has a vulnerability, if an AI can penetrate that vulnerability, it could compromise the whole website. It could be an advantage to the gamblers, but for the online casino owners, it will be a problem later on.

Truly, AI can help a lot in different aspects of our lives, but keep in mind that too much advancement can be used to take advantage of other things, and as we all know, people tend to be tempted for their own good, so it's impossible that people will think of AI as being used in order to earn a lot on a casino website.
419  Economy / Trading Discussion / Re: We might just have experienced the start of Bullrun on: March 05, 2024, 11:43:31 PM
We're on the bull run, for Bitcoin not entirely for the crypto market. I saw that meme coins have also increased yesterday and that's making everybody that we're on the bull run.

We see a crash that just happened this day and another normal day on this highly volatile market. I've been telling my friends that they should buy before the halving or even after that as long as it's not yet skyrocketing.

But it seems that Bitcoin breaking its former ATH would have discouraged them. It's just them and not me, I'm waiting for some more.  Tongue
But based on the bitcoin halving countdown there's still almost 40+ days before the actual bitcoin bull run, so we are not sure of which is to believe but imagine this bitcoin pump is not because of bull run, maybe caused by bitcoins ETF approval and people halving too much bitcoins for the preparation of bitcoin bull run, imagine the price will bitcoin reach if the actual bull run comes, that's why I believe that bitcoin will not only surpass its previous ATH but it will set another record breaking price in the market that will open the door of bitcoin becoming the most powerful currency in the market including fiat currencies, can't wait for the bull run, no matter what I will not sell my holding until the bull run comes, I don't have much of holdings but I want to see it through until the end, goodluck for the other holders like me we may be blessed.
420  Economy / Trading Discussion / Re: I don't understand you people... on: March 05, 2024, 11:07:49 PM
That's the midset of those investors or traders that eventually facing a great loss in bitcoin, you can't control the market nor predict what will its next move if you are just an investor that sell their assets just because it drops slightly then you mostly will also not earn or get a reward from it, because slight dip or a dip in price of bitcoin is part of being volatile its not always going upward there's no such thing as that, that's the reason why we are saying that bitcoin is for long term, because if you will focus on what is happening on its price short term then you will most likely came up to a decision to sell if you see it dip slightly, look at the price of bitcoin right now, if you brought bitcoin in january start then you hold your assets up until now then you have already secured a huge profit that's the definition of bitcoin being long term.
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