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401  Economy / Gambling discussion / Re: What are the main points of gambling? on: May 30, 2024, 03:17:54 PM
-snip-
I noticed that people now don't actually know their main points of them gambling, some people gamble to earn daily and some people just gamble cause they saw their friends won in gambling. That's how they develop their gambling lifestyle and from their they get addicted to it. I've over heard people complaining about them losses, for me I think they don't know the main points of gambling. What do you think about this people losses much? Does it mean they don't know the main points of gambling?
What I can say here is that the mindset of most gamblers is not right from the onset and this is very bad. In this sense, there is nothing they can do that will be right because anxiety will linger as most people will not even view gambling in a neutral way and will not even view it as a revenue to have fun, but a means to make money, which is very wrong and infesting. This is why I often implore people to learn gambling before dabbling into it, they should not undermine it just because it is an informal avenue that is easily accessible. They should know that it is very risky and can cost them more than the money they lose.

Also, people should learn how to preserve their minds when gambling, and even if you have a weak mind, you should find ways to work around it to avoid more issues for yourself or you should steer clear of gambling. Gambling can infest you and get you addicted if care is not taken, but with a strong mind, one may say No, and that ends it. But that is for those people who have strong minds that can help their Willpower. Otherwise, it will only grow worse.

And for those who have a weak mind, a simple cautiousness is key here, it will help them in preserving their doings towards it so that it will not entirely give in to gambling. Above all, let us all learn discipline in gambling and never think of it as a means of making money, otherwise, it will collect more money from us and also make our lives miserable.
402  Economy / Gambling / Re: Casinos not asking for KYC to register and play, but do require it to withdraw on: May 30, 2024, 02:58:43 PM
At this point we cannot see that this is something to surprise us because we all know that casinos when they are starting out are a complete love, but when the casinos start to add more licenses then the demands are much greater and everything begins to be more difficult, I am clear that winning in a casino is difficult, and one of the things that makes it more difficult is the KYC to withdraw, and I am of the type that when I win I like to withdraw to enjoy my winnings, so it is a thousand Sometimes it is better to choose a good casino, do the KYC and then withdraw and win, that is what has become the best way to avoid tantrums.

They must be honest from the start not unless their operating country added those security then they have no choice but to comply.but as long as they are not being asked then stay to their rules and not changing just to harass withdrawals .

But they are honest from the start. They never hide that they might ask for verification at some moment. It is gamblers fault that they dont read rules, ToS or FAQ.

I find it simple, dont want to pass KYC, dont gamble. All that anonymity and privacy are excuses most of the time. If we talk about crypto gamblers, then those people have already left a lot of "foot steps", so much private info in the internet during their lifetime, that hiding behind "I dont want to lose privacy" sounds like a joke. Many deposit from wallet address from exchanges they have verified and used credit cards on for fiat exchange, that their "I will never upload my passport to casino" sounds like absurd.

Good for casino that didn't say something about that they are not KYC compliant casino and have license since we can assume easily that they would require this KYC requirements to their costumers. But for casino always telling something that they are not a KYC compliant casino and put something about it on the title of their thread that their casino is KYC free.

Then with that we can really have a problem regarding on their implementation since if there's a sudden changes and they asked this especially when we request a withdrawal from their casino then I will think about that casino is fooling us and do some suspicious activity just to delay or trying to do some excuse for us not to get our money from them. We must avoid those casino doing this trapping activities.
People must really know that KYC became a normal requirement and if a gambler want to proceed then comply but if not as you said they better quit and not to gamble anymore since this will just give them discomfort while playing for worrying such requirements might be asked from them.

KYC has been part of the game for a long time, and many casinos allow you to proceed with KYC after registration. Just check this option, and you don't need to wait for withdrawal!
That's good advice, I do not know why people like to cry foul when it is obvious that what they are complaining about is not wrong. There are laid down rules in casinos' terms and conditions of offering, we can't change that and the ignorance of it doesn't exonerate us no matter what. But attacking casinos will only show our folly. This is why the way of operation of casinos should be well-known before signing up for them and so far they never preached to you that they will not ask for the KYC, it is upon you to complete it soon or later even if they did not ask. However, if you did not complete it and they ask you to complete it later due to one reason or another, they are still within their right in all entirety.
403  Economy / Gambling / Re: Q01 - What's your favourite casino and what makes this casino best one? :) on: May 30, 2024, 02:29:19 PM
Lol...OP no one is going to stone you, or your conscience is pricking you? But what I'm curious about is how you write the name of the casino when you are seeking suggestions from us. That is suspicious because these days on the forum, people are now wiser in making adverts in such a regard that most people will not suspect. And the more you make this thread active, the better you propagate that name.

That is by the way though, it may not be so but most likely so. Regardless, if you need a serious casino to replicate an idea, why not take a look at Stake.com, you are not going to regret it. However, another curiosity is that someone like you should have known what casinos and gambling sites have to offer on average instead of asking people. The reason is that if you are not deeply rooted in yourself, you may not get the idea you seek. Targeting the most popular and reputable ones is enough, and they are not difficult to locate.

I believe people only help better in testing and giving feedback when the platform is ready.
404  Economy / Gambling discussion / Re: I have made another revelation. on: May 30, 2024, 08:41:06 AM
Well, I sense marketing here, notwithstanding, I don't give it a thought, but you can't be sincere about it, that's the issue. Let me make this clear, though I don't know for others, I do not jump on casinos anyhow and no matter how you preach to support what you are stylishly selling, I am one of them who will not give it a try, at all. And I am happy to tell you that this attitude saved me 100% from direct and indirect fraud on the internet.

As for the calculation and argumentation you made above, come off it, it is just a means to lure people, casinos can never be trusted about the high winning possibility in a certain way as preached, that is a lie. If such a secret of 100% or 99% winning you made is true then it can't be long for people to know and ruin that branch of the casino. Casinos are no joke, they are in for serious business, so I wonder why they will bend the standard so much to the extent that gamblers will have an easy means to exploit them.

In the end, if people start losing through it, you will hear casino is a game of luck, who doesn't know that? But why preach more winning possibilities?
405  Economy / Gambling / Re: What do you want to see in casino reviews? on: May 30, 2024, 08:07:58 AM
Honest reviews is what the people want with all of the gambling platforms because no one will ever wanted to be a victim of any scam gambling platform, instead is the need for making a research about the available ones in other to know which should be in consideration for the best offer of gambling service satisfactions to gamblers, most of us don't play with reviews because from there we have an idea on what is at stake or not.
reviews are a very useful thing. Before registering on a platform that is new to me, I always look for reviews about the work first on the forum, then I look at reviews on YouTube so I can find all the information that is useful to me. For me, a big plus is the representative here on the forum who can publicly ask a question and getting an answer inspires confidence.

It is good that we make research on every gambling platofrm we are coming across with, this will help us select the best and avoid the substandard ones, also, we must not forget the way we are expected in making some of these research online since we know that reviews can also be manipulated, therefore we must be able to see to a reasonable extent that the informations gotten are genuine facts.
I do agree with the  reviews manipulation but it can't be neglected out of alot of reviews there will be some truth which can easily be filtered and i believe it should have some reviews do have  evidence backup   too , check for likely feedbacks over reviews too.
Apart form that, more research  on looking toward the aspect of scam or likely accusations over casino with genuine proof of the accusations could be done , checking  if this accusations were resolved could help too , this will give a better caution  toward our dealings.
Although it might be hard but anything  that requires funds should be backed by thorough research before delving int o any depositions to avoid scams .

I understand what you're driving at here, we have to make review on the gambling platforms we are considering for use in other not to get the wrong information about them, we have to protect ourselves from anything that has to do with low reputed or scam gambling platform, casinos review will always get us more closer to staying away from any unwanted occurrences we may encounter with any website in consideration.
Reviews are good and I am happy to say that it is what has not made me get scammed till today. Many have been scammed on the internet and it is mainly because they just dabble into whatever they see online but this is very risky. Many companies will have the best designs and even have complete top-notch UI and UX, but they could lack reputation and integrity. They will write a lot that is sugar-coated on their websites, but in the end, it is either they cheat you even with a little bucks you deposited to show how hungry and shameless they are or scam you entirely. But till today, I am not a victim, especially in trading, because if I count it, I would have had dealings with at least 75 different online brokers, which is way more than the casinos and sports books that I have had dealings with.

But mind you, there is a need to follow the right cause for this, there is a need to review through the right websites and platforms, and if done very well, the chance that the gambler will regret it is so slim. Also, looking for casinos with high liquidity is a very good one, they can't be so greedy with your small amount of money if you are such that is depositing less than $2,500 or so. It is the hungry new casinos or the ones with low liquidity that are so desperate for the money.
406  Economy / Gambling / Re: What are your expectations for Casino coins in this coming bull run? on: May 30, 2024, 07:48:50 AM
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I think that investing in casino coins the way we invest in Bitcoin, Ethereum, BNB and so on, is risky.

Of course it's risky! Investing in Bitcoin, Ethereum, BNB is risky too. That's why we should never invest more than we can afford to lose in anything, and casino coins aren't an exception.
I don't like people sounding weak or preaching weakness to people, investment is risky generally and what I only realise in what you posted here is that you merely repeated what people are generally saying about risks and "investing the amount you can afford to lose," forgetting the fact that it is merely relative and depends on the situation on ground, the asset and the person in question. Besides, if any investor could fail in Bitcoin, Ethereum or BNB, then the investor should consider another professional or means of earning passive income because no asset can accommodate them safer, they will fail.

Those three cryptocurrencies are the top-rated coins and have behaviour that can be well-predicted. One may buy them and keep them for years, and one may buy them and keep them for a little while. For the latter, upon the detection of a bearish pullback, liquidate them and buy back at a low price, and repeat the process over again. This approach is very simple with these three assets because they are high in liquidity. But I certainly do not know where the preaching of fear comes from, or do you believe the gaming coins are safer than them?
407  Economy / Gambling / Re: BC.Game asking for KYC before letting me Withdraw on: May 30, 2024, 07:23:01 AM

He's been online since 26 but didnt that making any response nor post about or in regard with this issue. This is the bad thing about trying to follow up some threads about
issues on which at the moment that OP didnt have the time on making out some replies or having updates which people really leave people hanging.


He’s been coming and going but still no response from the Op, for me I believe this has been resolved - because if not he would have returned back to the forum to give an update on the issue and since we’re not talking of $20 but $10,000 case then there’s no way that he would have just ignored the whole forum if he was still being locked out of his account.

I guess we could all - just think of it as solved and refrain from further discussion as it wouldn’t produce anything meaningful since there’s no input from the Op to confirm speculations.

I hope OP didn't forget that he made this thread before his problem was solved, if that really happened. @Hamphser is correct; he can't leave this thread hanging as the title itself poses a bad image for BC.Game if they have already settled this problem. OP is not a newbie here, he has been in the forum for 10 years, so we are not talking about a throwaway newbie account here. As a responsibility to the forum and to avoid misleading the community, he should update this thread and close it accordingly if it has already served its purpose.
Could you believe that I rushed to the profile of the OP immediately I read from you that he is not a newbie here, and truly, he is not. I never gave that a thought because he wrote like a newbie here because I never thought anyone would be alleging a company for their right this way. He should have known that he needed to provide all the required documents no matter what transpired before them before he made any allegation, but he never did. Aside from that, what I also see as unfair is the fact that you make an allegation about a company and when such has been resolved it was abandoned. Even if the thread can't be locked, he should have at least written [Resolved] in front of it. This is an uncared attitude is common on the internet apart from this place where people allege companies, and when the issue is solved, they just move on and keep people in the dark thinking the company has not resolved it which is not fair.
408  Economy / Gambling / Re: My betting strategies on: May 30, 2024, 07:03:58 AM
We have to make use of whichever strategies we think could best serve for us, this is not what we can just use without having an understanding of how it works and how we could best make the applicable use of it, some have grown up their personal gambling strategies, also, some of our strategies works more effectively depending on the game and how we are being able to make use of it while some may not even achieve the required expectation for using them.

I believe no planning or strategy works. At the end of the day, it’s just basically a game of luck. So if your luck is not good, no matter what master strategy you follow, you will only face losses. If it were so easy to win casino games through strategies or methods, then everyone would have been selling these only. I don’t believe in any strategy, and neither should a newbie. Going on YouTube and seeing streamers win big, many newbies try their strategies by risking huge amounts in gambling in the casinos. These newbies need to be aware of this and need to gamble completely on their luck.
This mindset of yours has already condemned you in gambling and I will not be surprised if you lose regularly, because you never think positively but negatively. If you must know even if you will not admit it, I am a testimony to gambling regular winnings, so I can counter you with all sense of positivity that gamblers can win and stay positive. Despite that luck is important as well, it does not solely rely on that. This is why I like to move to the well-known fact that there are classes in gambling, we have casinos and sports betting. Generalizing for the two like you did is so unfair. In casinos, agreed, one can lose in the end as the house has control over it, and once they set their difficulty internally, it becomes a problem. This means that one can race perfectly against the algorithms you never know how it was coded and that can be tweaked in a certain way, so luck is important here and I say the person will have to be so lucky to be winning consistently in the casino.

But for sports betting, I tell you that you are not accurate about it, the skills and smartness of the gambler are very crucial here, and even as luck is important, you can still manage your gambling portfolio rightly in such a way that will limit the importance of luck in it. Needless to say, as this thread is concerned, it is all about sports betting which is why I believe the OP shared his trading strategy which I also know of to be working. If this strategy is used well, I am sure that cheap success is possible, but with the right combinations in betting and proper management.
409  Bitcoin / Bitcoin Discussion / Re: Can small countries in accepting bitcoin as legal transaction? on: May 29, 2024, 08:18:36 PM
we know to be the first country in the world to officially accept Bitcoin as legal tender. This was followed by the President of El Salvador, Nayib Bukele, who announced that the government would start buying 1 BTC per day on November 16 2022, but can other small countries follow in El Salvador's footsteps and what are the country's challenges in this regard? This might be a very interesting discussion to see that so many people from small countries are interested in cryptocurrency, more specifically Bitcoin
I have not seen any country apart from El Salvador that accepts Bitcoin as a legal tender, and I believe that other countries are trying to be more reasonable about it. Fine, any country may conclude to invest in an asset, it is a different ballgame, but agreeing that it becomes a legal tender goes way more. There are factors that will be considered, especially the informal nature of Bitcoin, its decentralization and the privacy tendency that could aid anonymity in a way.

This calls for strict and serious regulation even if they accept it to be their legal tender, but how many countries have the capacity to regulate a decentralised asset like Bitcoin? This is why I believe countries are avoiding it as the risk could have outweighed the benefits in terms of security, lack of control, money laundry tendency that could aid enough illegality, and the risk of its high volatility that could make it unreliable at times.
410  Economy / Trading Discussion / Re: Explain crypto options to me on: May 29, 2024, 08:03:16 PM
So I was learning a little about the "world's largest crypto options, and futures exchange" how they call themselves, and even speed-read their tutorial about options.
Options trading is not a new name in the world of the financial market, however, these days, they've added cryptocurrency to it, but the options trading I've seen with crypto exchanges and gambling sites are deviations from the traditional ways, which makes it more difficult for people as they've wired it in the favour of the house/exchanges and have increased the difficulties of what was initially difficult to predict (more issue).

Now, the main options trading was planned in a way where you choose the direction a market will follow at a certain time. If you choose a buy, you Call and if you choose a sell, you Put. Those are the terms, but mind you, you are also betting against the time which makes it more difficult than trading that you are just trading without the stress of the duration expiry. Take for instance, Bitcoin is at $70,000 and you choose a Call option for 1 hour. After 1 hour of the bet, if Bitcoin's price is above $70,000, you win the bet, but if it is below that level, you lose the bet. That is the principle, and it is as simple as that until they are making it more difficult.

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I do understand the basics of options trading, but there is one thing I still don't understand: why options?
"limited risk" can't be the main reason to trade options. I get that stop losses aren't the most secure guarantee that your risk is limited, but they do work in most cases.
for "leverage" you don't need options either.
Oh, I never knew you knew the basics, I wouldn't have wasted my time explaining as above. Regardless, this is not a kind of trading like the regular one, it is more of a betting that links trading with time, you are trying to get the two (right direction and within a correct period) predicted accurately.

For this, it is better called Option trading than mere trading since it gives you the option of time in addition and not only the Call and Put (direction) option as in mere trading.

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what is the main advantage of trading options? or would it be the main use case?
someone experienced with them could give me a hint?
If you like betting, you will like option trading, although it is a lot easier and more reasonable than gambling in casinos. Once you know how to speculate well and use your instincts, you have a better chance of success. It is also a better chance to multiply your money pretty fast than trading in which you will have to be very patient for the trade to be positive. You can have that winning within seconds on some options trading platforms.
411  Other / Meta / Re: Bitcoin pizza is it an anniversary? on: May 29, 2024, 04:34:55 PM
I want to ask Bitcoin pizza day is it an anniversary? Like Bitcoin anniversary or Bitcoin day.
Well, people may say this is not an anniversary because it is not official, nevertheless, they celebrate it yearly, so what is that?

For me, Pizza Day is now symbolic of Bitcoin because it is a monumental event that flashes back to May 22, 2010. This is the day that Laszlo Hanyecz bought 2 large Pizzas with his 10,000 Bitcoins.

This is the first-ever transaction performed with Bitcoin, so the day is special and it has become a day to celebrate by all Bitcoin lovers, and invariably an anniversary because May 22 is happening every year, so it is now annually celebrated.

If at all no one celebrates this day elsewhere, we users on the Bitcointalk forum celebrate it in one way or another. As part of this celebration, a Pizza contest is often announced to celebrate it by giving out monetary gifts to the winners.
412  Economy / Trading Discussion / Re: Is it possible stable coins could have their own bank? on: May 29, 2024, 04:17:20 PM
Is it possible stable coins could have their own bank since they are backed by a country's currency like the U.S Dollar which they use to maintain a stable value?

Or also, knowing that stablecoins are different from cryptoassets which do not have assets as backings and are more volatile, will in the future, the success of stablecoins not call for something like a bank or a recognized office building built to show legalization and acceptance as a means of payments for transactions and services?
Why not? The world is getting more digital and with the acceptance of cryptocurrency in many climes, there is no way some banks will not be transacting in the USDT and it will be easier for them if their country is such that is crypto-friendly. But this will be cryptocurrency banks because there are wide distinctions between the USD and USDT, and I can't possibly think that any central bank would want to mix that up. First, it is the USD that can back the USDT and not the other way around. Also, the fact that the central bank can not oversight and control the USDT, they will not be able to allow the regular commercial banks to get involved in such.

However, special crypto banks will be doing that, and I believe it is already happening with the current ones, though I have never used them before to know their mode of operation. Nevertheless, for a bank in China to involve itself with illegal underground USDT operations in a country that frowns so much on cryptocurrency means that even the commercial banks that are dealing with fiats will still try it despite knowing that it will never gain the support of the central bank.

Link: https://www.theblock.co/post/294777/china-busts-1-9-billion-underground-banking-operation-using-usdt
413  Other / Meta / Re: Merit sources can join casino campaigns, it's a choice on: May 29, 2024, 03:16:33 PM
Don't worry yourself so much my friend, I believe the natural campaign economics of the forum is now pushing the merit sources to what they were avoiding initially due to the scarcity of alternatives.Grin Many of them are now in the gambling campaigns because they do not have a choice, they need the money, which is natural, because you can only prove boss when you have a choice.

Many that you could have thought had a choice are now in the gambling campaigns, but the merit distribution in that section of the forum is still very poor. This could only mean one thing, they just have some kind of reservation/resentment towards the gambling sections, but who cares?

Let them do whatever they want to do, the forum continues to breathe.
414  Economy / Speculation / Re: Will BTC hit 1M ? on: May 29, 2024, 03:01:32 PM
As said before, you need to understand the economics. When a commodity supply is less and the demand to accumulate the commodity is high, the price goes up for that particular commodity in order to meet the demand. Just a classic example of supply and demand. Similar things happen with Bitcoins also. Hence, the price can definitely go till 1M if the demand to accumulate the coin keeps on increasing day by day.
There is always a possibility that this could happen, and you are right. That is a normal thing, because if there is an increase in demand, then the price will increase significantly, which will adjust to that demand. Likewise with what Bitcoin will experience, if demand continues and supply is always running low, then it is inevitable that the price will automatically increase, so reaching $1M could happen, but not in the near future.
There must be good news that can trigger an increase in the price of bitcoin, as happened last time when the Bitcoin ETF was launched and the Halving occurred, making many people think that the price of bitcoin would soar high and in fact the whales granted their wish. To reach the price of $1M will certainly not be as easy as we imagine, the whales have to burn a lot of money.
It is certain that any good news will trigger the movement of Bitcoin, as you say. As the the last is ETF's influence, and it is not impossible ETF Ethereum if it will happen, will also give back encouragement. I think the Whale did not affect it rose yesterday but indeed the trade was quite high, because of the influence of the ETF. I also think things that are not easy to reach $ 1M in the near future for Bitcoin can achieve it. It takes will take several times to halving Bitcoin again.
Well, whether good news or events will trigger Bitcoin or not, the $1m worth is too inflationary, I do not think this will ever happen. It will even further show the unseriousness of Bitcoin and cause more laughter on the cryptocurrency. Many of you might be looking at the value alone and what it can do for you but this value may not be a reasonable worth in the end. This may even be a reason why the government will now focus their beam on it again and find the means to compress it just like Gold in order to curb some excesses.

Have you ever wondered why Bitcoin is close to $70,000 with a market cap of almost $1.4T, while Gold is at around $2345 with a market capitalization of almost $16T, which is more than 10 times greater than the market capitalization of Bitcoin? The reason is what I mentioned, it is a compressed commodity asset and it happened because the government planned it well from the beginning so that it would not cause inflation and too-high economic disparity.

But who planned Bitcoin to be cautious this way? No one. People are just interested in the money to be made from it. Regardless, I do not think it can bless people to the point that 1BTC will now be worth $1m, at least, not in the next 10 decades.
415  Economy / Speculation / Re: After the dip in crypto, when are we expecting ath? on: May 29, 2024, 02:45:54 PM
With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.
You have to be patient my friend, even if Bitcoin will not perform as hugely as people expect, I am certain that it will still edge towards a profitable investment for you. This is why you have to learn and have a full understanding of what you are committing your money to. Every investment is a risk and you should never invest more than what you can afford to lose regardless of how promising that asset is. This includes Bitcoin as it will always have its ups and downs moments since there is no asset that can be moving up in a straight slope, this is why they say the market is dynamic, you can't always accurately predict it.

But one thing you forgot to mention is the price at which you struck the asset, it would have helped me to guide you better. Above all, if you buy Bitcoin at a high price, do not think you will gain much since your risk is even higher than those investors who struck it at a low price. Such like you should also be so proactive and speculative about this so that you liquidate your position when a confirmed bearish mode is activated.

Lastly, my advice for you is to go and learn more about trading and investment and not rely on what you hear or what people dictate to you.
416  Economy / Economics / Re: How to improve your condition? on: May 29, 2024, 02:26:47 PM
Well, every other person seems to be saying that it is your fault that you are poor, improve your condition yourself, but no one tells you how to improve your condition when you are living in a country where there are places where you have to pay tax on even breathing. How to improve? How to make money? How to get rich in a rising inflation?
This issue of poverty is very large, many would say that you are the reason for being poor, well, this is true in many cases, but in some cases too, it is false. This is why I like to say that" we are equally made but not equally talented, and we are equally made but are not equally exposed." Some people are just the victims of their locality, the environment is too remote and primitive, there is no access to education and motivation, they are just living their lives like the people of old. If that is how you were born and what you ever know, that is what will ever stick to your head. And even if you had the time to go to the urban areas, you would go and leave because all your life has ever been like that, that is what you and what everyone around you are used to. As for these people, they may never break forth, except for some exceptional people among them and if the government help them through education and creative thinking, to know that life is beyond this circle. Religion is also a setback in some climes.

Also, we are talented differently, and there is a zeal difference, for this, there are people that would be born in the best places with the best accesses, but yet, they will not be able to use those benefits well due to the lack of zeal or they are not just talented/creative. Despite that, others will still find the means to learn talents if they are not born with them. This is why I said from the beginning that some should be blame and others should not. These kinds of cases have to be treated individually to ascertain who is to blame.
417  Local / Nigeria (Naija) / Re: Have you seen where Bitcoin is used to make donations in fundraising? on: May 29, 2024, 02:11:11 PM
You've spoken well like someone who means well for Bitcoin. But let me start by saying that Bitcoin has its issues even as it has its own advantages, and yes, it is being used for donations and fundraising, except that Bitcoin is digital, so introducing it in a traditional donation will only cost the person money because many donors/philanthropist may not even know Bitcoin, while others that know it may not have access to it not to mention of giving you the money in Bitcoin.

Fine, if the person planned it in such a way that Bitcoin is an alternative here, then it is a very good way to go about it. But the person should also know that it is the risk he is taking. You can imagine if people donated $100,000 worth of Bitcoin to you, and in the next 30 days, due to the sharp drop in the price of Bitcoin, the worth now moves to $89,500, for example, it is surely a disadvantage. This could be in the favour of the person as well if Bitcoin rises, but an asset that is fluctuating that much is risky for a serious donation.

Regardless, many online fundraising channels are now accepting Bitcoin and other cryptocurrencies, but I know that patronage can't be much when more stable fiat is still accessible. However, if it is online and the person has a reasonable converting means as soon as the Bitcoin is received, I think it is a very good option, especially if it is a global donation, so as to give people wider freedom and accessibility to choose their payment system and for the donation to be seamless.

But still, making Bitcoin an option while there are other active means to receive the donation is the best way out.
418  Bitcoin / Bitcoin Discussion / Re: The difference between gamblers and real Bitcoin investors? on: May 29, 2024, 08:17:26 AM
If you ask me, what is the hardest job? Then perhaps my answer will be the investment profession. It is a truly unique and harsh profession compared to other professions. Especially with Bitcoin and a volatile market like cryptocurrency.
If this is true with you, then it shows that you have not tried many other jobs, if that (job) is appropriate in this context because many will even argue to you that investment is not a job. Even if it is a job to some people, it is certainly not a job to many others, it all depends on how you do it and take/view/use it. Regardless, do not forget that there is Trading and Investment, if you can call investment the hardest job, what about trading that is way more harder than it? Needless to say, there are many other jobs out there that are more difficult and tasking than both trading and investment. Perhaps, you wanted to state that investment is risky. And indeed, that is best describing it.

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Restless and waiting are two opposite things, and are also what help us distinguish between a true Bitcoin investor and a gambler.
There is no job/task without its issues, notwithstanding, without mincing words or causing controversies, the distinction between a true investor and a gambler is that the true investor fully understands what he is doing and does it according to the plan, but gamblers will always deviate from the plan, and this is particularly caused by emotions and some unforeseen factors, but are all psychological.
419  Alternate cryptocurrencies / Altcoin Discussion / Re: How are your meme bags doing? on: May 29, 2024, 08:03:58 AM
It's no secret that memecoins kick-started the previous bull cycle, and I think we're seeing it happen again right now. Memes like PEPE (which recently smashed its all-time high), WIF, FLOKI, PENG, MAGA, and others have shown significant signs lately. I've also added some new memes to my portfolio, like Dogemob.

I got in around a $5 million market cap. It has an active community, multiple CEX listings (https://x.com/DogeMobOfficial/status/1795072217903968742?t=mKajWRG0JywqTGhum7fm-g&s=19), and lots more. I think it's looking green for meme enthusiasts like myself. What do you all think?
That's nice, and by now, you should be called meme master...lol Memes have been so spectacular since the first one was introduced and I do not think they are ready to go any time soon. Like I told a user a while ago, he should perish the idea that meme coins in the cryptocurrency industry will die or disappear, it has come to stay and that is the final. It is a very strong section in the cryptocurrency industry and recently, I've noticed that the sections that are better performing are Defi and Memes and I think they are for obvious reasons.

People seem to prefer them because memes are often reliable when it comes to multiplying the investment of the investor when many other coins/tokens are sluggishly moving. While the Defi is an objective project that has good future prospects. I see it continuing like this and also an eye-opener in the next bull run when they've retraced already.

But for your Dogemob, I can only tell you to be careful. This is where some people are being scammed or fall victim to crypto projects that will not perform much. Mind you, a $5m market cap is so little, I don't even know why you are excited about that.
420  Economy / Trading Discussion / Re: Why trading and not something else? on: May 29, 2024, 07:48:53 AM
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well, however, these two things are what interest us all, especially the profit part. In fact, when I studied crypto, we naturally entered the world of trading. Therefore, sooner or later, people who study crypto will see the potential that can be gained from trading. This doesn't just happen to crypto, but also to other investments. After all, all this happens because of "interest" which has the goal of generating "profit". So, that's why people are interested in trading.
Well, in my opinion, what @Kelvinid wrote regarding the "Interest and Profit" as the reasons why people are trading is not so true. The one and only reason why people trade is to make money from it (Profit) and nothing more, except you allow people to deceive you. Trading is not a game or something similar to games like betting, so why have a mere interest in a thing like that if not for the money? Fine, our interest could be in the financial market, but reading about it and getting the updated information like other sectors we love without investing in it would have been the end of it, not how it is in such a way that we will now invest our money just because of the interest we have in it. Let me remind you, that trading is risky, meaning that we can either gain our money or lose it, so when it is of interest only, why are people investing an insane amount of money into it? Besides, to date, I have never seen a single person, whether online or offline that categorically states that he is trading for the interest he has in it, but for the money, which is so feasible.
Well, my statement is right but can be wrong in some other ways or based in your opinion and trading experience. But what makes people become interested in trading is the money that can possibly get from doing this. Just like you gambling, what makes you interested in this is the winning prize as well. We surely know that money is so powerful, it can influence someone and much of our minds when we think we can get something big from trading and becoming rich. That is actually what the majority are thinking especially newbies. It is the profit that leads people to become interested in trading or else, nobody takes this option.
With this current rewrite, you are very correct, but it is unlike the last one you separated the Profit and Interest. Besides, I am just saying that based on experience and wide searches over time regarding the subject matter, regardless, no one is perfect. Also, with my understanding of forums, they are the places to have some communications, corrections, agreements and disagreements if need be, but in the end, we all learn one or two things, that's the gist.

Now, back to it, both the trading and gambling you mentioned are so similar but we can't use them as sole examples because they are not just the same thing, the modality of their operation and the susceptibility of them toying with our psychology vary. It is aggravated in gambling simply because people can gamble for fun (Interest), but can you trade for fun? That will be senseless. This is why the context of Profit and Interest separation is even better fitting in gambling than in trading. But in trading, the two have to be looped together because anyone trading can only have an Interest in it only for one purpose, which is Profit making. But in gambling, you can have an Interest in it either for the fun or the Profit (winning).

All the best!
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