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441  Other / Off-topic / Re: Do not make gambling the only activity you do for fun. on: April 13, 2024, 06:13:32 AM
Gamblers who make gambling the sole activity that they can have fun with will quickly transform into addicts, this is the exact thought I had today.

Gambling  frequently either for fun or to make money is a certain way to get addicted.

If you are gambling for fun, It will be better to have many other activities (options) that you can catch fun on, so you do not always have to gamble whenever you think of having fun. 

What do you think?
I understand you, anything that is being done either for fun or as a way of earning money as time goes it is possible to become addicted in the sense that we tend to be more committed to things that we find pleasure in and things that brings in money basically in life, so it is good to find other ways of having fun as well instead only being too attached to only gambling because it also helps the mind free from emotions that may arise from gambling later.
442  Economy / Speculation / Re: Fulfill your dreams from Bitcoin, on: April 13, 2024, 05:41:16 AM
1170 dollars? that sounds an expensive unit , is that a Gaming PC? may I ask why need
to purchase a High specification computer if you can buy a regular unit hat can make you
spend cheaper and have more holdings for the future?

I also bought a computer but I chose  to purchase a lower unit that only costs me 620
dollars in which i believe a practical way of using.

but Of course I wanna congratulate you from your dream come true now .

Thought it was only me that want to ask about the cost of the computer though I don't know the features it is made of that made it cost that high because in my country that amount can get two high profile computers, should have cut the cost and should have still left some of the holdings though I don't know how much was invested and how long it took and the profits involved before the withdrawal but it is good to also achieve something good with our holdings but we should not withdraw all our holdings just to buy some personal items.
443  Local / Nigeria (Naija) / Re: EFCC to arrest businesses that accept payment in dollar. on: April 13, 2024, 01:49:01 AM
 FG and EFCC trying to arrest and bring down businesses operating with the USD is too extreme because in the fight for a corruption free economy, we should know that the USD is a symbol of authority by the United States and some of these companies are made up of foreigners that is why they deal with the USD so our government should be very careful while taking some decisions because they can take a decision that may jeopardize the well being of individuals living in the country.

Even if the get the comprehensive data of people that have been using binance to perform transactions it doesn't make any sense at all, if some of the actions they took previously are showing some positive changes then they should just be patient as it will take time before everything will normalize.
444  Bitcoin / Bitcoin Discussion / Re: In what currency other than the USD you know the price of Bitcoin by heart? on: April 12, 2024, 05:14:46 PM
BRICS misson is to looking for ways many countries (especially China and Russia etc) will not depend on United States dollars so that they will be able to make US sanction not to have much effect. They are still on it but dollar remains the dominant currency.

United States dollars remain the most traded currency even till now and it makes up almost 88% in total in 2023, just as it was since many years ago.

The highest among the reserve currencies is also still the United States dollars. It account for $58.41 in 2023. https://en.m.wikipedia.org/wiki/Reserve_currency

How about bitcoin pair with fiat? United State dollars accounts for 71.45% of the total world's reserves. https://www.investopedia.com/tech/top-fiat-currencies-used-trade-bitcoin/

The United States dollars have been the reserved currency used by many countries over the years but due to the sanctions that the United States government have been issuing to some countries (more especially those countries that are involved in war) have made them consider moving away from the USD. Even the BRICS alliance that consist of countries like Brazil, Russia, India, China, South Africa (Egypt, Ethiopia, Iran and the United Arab Emirates - new members that joined this 2024) are also considering dumping the USD for other currency as their reserved.

Similar discussion was made here some time ago in the politics and society session

Quote
Dollarization occurred naturally, BRICS mission will be hard to achieve.
Sure but you never can tell since the BRICS have formed an alliance, the can achieve using other currency rather than the USD to trade among themselves without being affected by the USD but the only problem they would have is when they will not be able to get some things within themselves then it will be difficult to sort help from America.
445  Economy / Gambling discussion / Re: Why do some people hide to gamble on: April 12, 2024, 10:01:59 AM
Basically, gambling in the past years were played secretly by gamblers because the public sees anyone involved in gambling as wayward and people that are worthless because they spend most of their money on gambling of which in most cases loses a lot of money to gambling. Just in recent years that people started being more visible in gambling offices reasons being that a lot of people in the society are now into gambling due to economic hardship and trying to find an easy way to make quick money.

It is very obvious that the gambling you are referring to is a physical gambling were two people or group of people bet among themselves. The reason why they hide is not far from same reason as I explained which is they don't want people to notice that they are playing gambling because they will see them as wayward people too but I don't encourage this physical gambling because I know the kind of fights and arguments that mostly occurs in this type of gambling so it is not advisable to get physical with gambling just to avoid some embarrassment and quarrels among one another.
446  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: April 12, 2024, 09:50:52 AM
Yes, that's because Victor Osimhen was offered a salary increase at Napoli so Victor Osimhen chose to sign a contract with a higher value and Napoli also tried to retain this key player before his contract expired because Napoli also didn't want to lose Osimhen, but unfortunately after Victor Osimhen signed The new contract actually reduces his potential at Napoli, he doesn't seem as aggressive as last season and his total goals are also not as many as last season, perhaps because of Victor Osimhen's absence in several matches due to injury, which affected Osimhen's performance.

A player's performance can decline because there are different colleagues or coaches. and I think that's how Osimhen feels now at Napoli after last season's extraordinary performance and several changes to the team this season.
he is a good player with extraordinary performance. I don't think it will be difficult to adapt to competition in a tighter league like the EPL. but still he has to consider how he should choose the right team and coach for his playing style.

I think a player like Osimhen needs to play in a better team. Can you become the best player in the world by playing for Napoli? This is almost impossible.
I think a player at the age where he needs to show his highest performance should be in a team like Arsenal or Bayern. It has a value of over 100 million euros, but they are not using its potential right now. I think there is no need for such a player for a team that cannot even be among the top 3 teams in the Italian league

A player can become the best in any team he plays for so far as he's outstanding and gives quality contributions towards the success of his team and his playing skills and tactics are being seen by so many. If we take a look at some players that succeeded in their team, most of them came from mediocre teams where they were doing great before they moved to better teams it's just that no matter how well a player is, he is more visible when playing for a bigger teams though we can't really underestimate Napoli because they are also one of the recognized teams in Italy and Europe at large.

Victor Osimhen for sure deserves a better club where his skills can be more visible and where he can also achieve European trophies so moving out of Napoli will make him become more recognized by world class teams.
447  Economy / Gambling discussion / Re: How does the game of luck in gambling really works? on: April 12, 2024, 09:13:27 AM
How does the game of luck work? I think this is quite easy to explain and understand, which is where we have to go back to understanding how money luck works, where it is clear that luck is always about "coincidence" or meaning that something will only happen occasionally without being able to know whether you will be able to get it. the result you want (victory) or not.

What we have to understand here is "uncertainty", this is how the game in gambling works, which means that winning in gambling will only happen occasionally and by chance. Therefore, this is the reason why we should not be too serious in treating gambling, meaning don't put your hopes on winning because luck always comes without knowing it from the start, and the fear is that you will only experience more disappointment when you put your hopes on it. on victory. So yes of course playing in moderation without overdoing it and without placing expectations is the best approach, and p
Another thing is that something that depends on luck in terms of achieving victory can never be used as a place to make money.
When we are talking about luck we are referring to something fortunate that happens unexpectedly even when you don't have the thoughts of it working out so luck in gambling works when you also play with determination to win but not necessarily that your mind must be focused in it then you are likely to get lucky and win one day.

Most times, we shouldn't only depend on getting lucky all the time as luck is accompanied by hardwork so if you are not hard working and deligent then luck may be far away from you so anyone who wants to get lucky in gambling should be able to analyze a bet they want to place carefully before staking and should be confident that it will work according to predictions even if it doesn't work out but you may be close to winning and in subsequent time you can get lucky and win.
448  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: April 12, 2024, 08:40:24 AM
Leverkusen this season is quite strong and consistent, not only because Bayern Munich's performance is currently in decline which means Leverkusen can become the leader of the current standings, I even think that if Bayern Munich's performance is like last season, it will not be able to match Leverkusen's performance which has been quite consistent since the start of the season. .

Not only is Leverkusen a fierce competitor this season for Bayern Munich, but next season it is also possible to do so because Xabi Alonso has decided to stay, which makes it possible for this team to be even stronger.
The decline in Bayern Munich's performance and quality of play has enabled Leverkusen to dominate the Bundesliga. When Bayern Munich is in good form then the competition for the title will be much fiercer and Leverkusen will not be as easy to top the standings as they are now. Leverkusen have had good moments this season and the presence of Xabi Alonso has made some really good achievements for them, so that it only takes a few matches for them to emerge as candidates to win this season.

Xabi Alonso needs to prove that and if next season they are not able to compete like this season then people will think Leverkusen just got lucky. Maintaining consistent performance is not easy and Xabi Alonso will be quite tested next season in Leverkusen's journey to the title and competition to top the standings.

You are sounding as if Bayern Leverkusen took advantage of Bayern Munich drop in performance but you should understand that Bayern Leverkusen has never lost any game this season and they have been at the top of the table for a long time and Bayern Munich were not able to top the league since then as to talk that due to their poor performance made Leverkusen to overthrown them. Bayern Leverkusen has maintained a good form from the on start so Bayern Munich performance doesn't really pave way for Leverkusen as it was through Leverkusen's resilient and consistency that brought them this far.

If Bayern Leverkusen continues with Xabi Alonso, they are likely to continue in good performance next season because he will still Apply same coaching skills with them next season but if he doesn't continue then there may be decline in Leverkusen's performance next season.
449  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 12, 2024, 06:01:37 AM
In as much as you are right in few of your expression, I dis agree with you mate, with your Short sighted way of spreading negative messages about Bitcoin by sounding so crazy in your narrative of what you think Bitcoin is, Bitcoin is one of the best if not the best when it comes to the world digital assets class and has proven beyond every reasonable dout about it's potentials from history since it's inception or invention , Bitcoin is not as risky as some people claims or proclaim but he I don't give a fuck about what you think Bitcoin is, because Bitcoin has made a significant outstanding performance, which gives you total control over your money, enabling borderless transactions, offering protection against inflation, preserving privacy, and as well creating an investment opportunity, Bitcoin is a save haven,  Bitcoin  is a store of value and wealth . You don't have to be dump and refused /failing to see the beauty of the potentials Bitcoin holds.
And it'll be sad if you didn't get that part, mate.  Also I implied the volatility of cryptocurrency in general when I said Bitcoin can fall, and all of that. Not necessarily that it's a bad investment choice. And making the said implication, is all with regards to  short term investors.
When you mention cryptocurrency in general, are you referring to bitcoin together with the other shitcoins? Why not simply use bitcoin and your points will be well understood and appreciated rather than deviating with your words which often make people think that the other shitcoins have the same validity as bitcoin? Efforts have been made by @JayJuanGee to encourage people to retain the word bitcoin in their discussion so that people do not confuse bitcoin with shitcoins that often bring bad reputation and prone to scams. So if you will be so kind, continue using bitcoin in comments and that will be just fine. It has all the attributes you are trying to explain.
Obviously, Bitcoin is among cryptocurrencies but the reason why we make Bitcoin of more in this discussion is because it is our most priority and the asset we have in our individual portfolio and all other cryptos come under Bitcoin that is why Bitcoin is taken to be a volatile asset. Our main objective here is focused on buying and hodling no matter the price of Bitcoin that is why the DCA is advisable then if there comes a dip, an investor with high source of income or that have reserved funds can choose to lump sum and still continue the DCA
Bitcoin being a high volatile asset needs time before your investment can boom to a certain height that is why anyone venturing into bitcoin need endurance and patience because it is not just about buying and selling but buying and hodling for the future because a greater fruit awaits your investment there.

Shitcoins probably doesn't have any future that is why we don't include shitcoins in this thread, we are more concerned about a guaranteed asset like Bitcoin and if we look at the growth and adoption of Bitcoin since it was introduced, we can have that feeling of safety and security of our Bitcoins as proud hodlers.
450  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: April 12, 2024, 05:30:12 AM
The only reason they are able to get away with such bad performance in the Ligue 1 is because they do not have any proper competition
Actually, I wouldn't be surprised if PSG drew against Clermont. PSG have a tough game against Barcelona in the Champions league so I think they are focusing more on the UCL. PSG has a 10 point advantage over second place. That makes them not have any pressure in the League. They can play with reserve players or try to rotate players to adopt the coach's tactics. I think other teams will be very difficult to catch PSG. I'm sure even Brest won't be able to get 1 or 2 points behind PSG. I agree with what you said that PSG does not have worthy competitors in Ligue 1. That is what allows them to continue to dominate Ligue 1 for a long time.
I have same thoughts as you because PSG is in pressure now because they lost to Barcelona in their home and for them to win Barcelona in their second leg at Camp Nou will be difficult for PSG and since Barcelona have scored three goals at PSG's home means that PSG needs to win Barcelona like 2:0 before they can qualify for the semi finals of the champions league so all PSG concentration will be on strategy to win Barcelona. PSG might win Barcelona if we check back at that season when PSG won Barcelona 4:0 and Barcelona reciprocated and won PSG by 6:1 so a surprise may be expected in that game.

As for PSG's match against Clermont FC, they may not take the match seriously because they are already topping the league with some good gaps so the match is of less importance to PSG for now, they can still win Clermont but I don't see them putting much efforts in that game.
451  Economy / Gambling discussion / Re: Is Gambling A Hobby? on: April 12, 2024, 05:13:54 AM
First of all I will like to define hobby in my own understanding. Something that one like to do always either for pleasure, leisure or entertainment. And example of hobbies which I know. Swimming which can be a game as well, reading which can also be a competition as " reading competition", and anything competition is a game, and sport. Sport can be someone hobby if the person love sports and like to partake in it. And that means something you partake that you have leisure and pleasure can be your hobby.
Even though so many gamblers have in mind of playing and winning, gambling should be a hobby like something you partake in at your free time and should be done for pleasure and entertainment and to ease some tension that you may be going through in your personal life.
So many people don't really understand the ethics of gambling that is while they get emotionally attached when their gambling lifestyle is not working the way they want because they took it too serious and even hope for a win so that they can use the money to solve some life challenges but this is a very wrong approach to gamble because you can easily get sad when you are not winning and we all know that the chances of winning is always 50/50 as you may or may not win.
452  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: April 12, 2024, 05:02:45 AM
Arsenal vs Munich I saw the debate on social media when Raya passed to Gabriel and held hands. There was an opinion if it should have been a penalty, but it seems that the Referee did not see, because he had his back to the ball. If it was me then it should be a penalty for Munich.
Of course the draw is not so detrimental because they will meet in the 2nd leg in Germany. Munich should be able to do a lot in Germany. They should be able to win and qualify for the semi-finals.  They are lucky because they already have 2 away goals.

That was a very costly mistake by Gabriel and even if the referee didn't see it what of VAR? there were some cases of controversy in that game but had it been everything was to be corrected I still believe that the match would have still ended in a draw. Though Arsenal had huge advantage to have won that game but I don't know if I will call it fear or anxiety that made them not to utilize their opportunities well and now they have created a great task for themselves in the second leg at Bayern Munich home ground Allianz Arena.

Bayern Munich scoring 2 away goals against Arsenal at Emirate stadium have already given them an edge if they also end in a 0-0, 1-1 draw at Allianz Arena, Arsenal have a very big challenge they need to overcome at all cost if they must move to the next stages of the champions league.
453  Economy / Gambling discussion / Re: Never gamble in front of your kids. on: April 12, 2024, 04:52:21 AM
I agree with you. Although I may not have kids, but I have siblings and nephews. As much as possible I gamble when I'm in my room or I'm alone. I do not let kids see me gamble. Kids are very curious about what they see and always ask about it. So, it's better for them to not be exposed with gambling activities as it would always affect or influence their behavior and attitude. Keep gambling out of kids sight, and if they see, have an open communication about the potential harm of gambling.
Gambling is not as dangerous as you might imagine, the behavior of gamblers who cannot control their emotions can have a dangerous impact on the people around them. Keeping gambling activities away from children needs to be done in order to prevent negative things that can damage their mental and emotional state. There comes a time when they have integrity with gambling when they are able to make their own money or are already adults.
Parents need to keep gambling away from their children until they grow up, after that they can determine their attitude when they are able to control their emotions and also make their own money.


I see your point it should be done the right way, keeping your gambling participation away from your kids is also keeping them out from any awareness on gambling while they are still at their young age, it's safe to avoid them getting any interest though there's no assurance that you can completely prevent them as growing up there's chance that they will cross the same path when someone else introduce this venue and give them ideas how things works around.

But, in terms of influencing your kids, that's very important not to allow them to learn things especially with their young minds they will think that's okay when they see you gambling and if they notice that you are enjoying.

Some of the things that makes children grow up with wrong knowledge is because their parents kept away information that they needed to know while growing up because they are afraid that if this children have an idea about what they kept away from them that they may start doing those things without their parents awareness but the best way to make a child stay away from a bad habit is to teach the child the basic necessity they need to know and the consequences that surrounds it If the choose to get involved because when you do that as a parent, you have already given the child the knowledge of the dangers involved so even if they are introduced to those things by others outside it will be difficult for them to take part in it.
Not letting our children know that we are gamblers doesn't mean we should keep them away from knowing about the repercussions if they choose to gamble.
454  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: April 11, 2024, 10:34:09 AM
The better to watch the league till the last match. Don't you remember last season? Arsenal fans had declared if they were winning the league, but the situation changed in a matter of few weeks. So, anything can happen in the football and im concerning about how strong the mentality of arsenal faced a very big pressure like this.
Arsenal get bads result in the UCL after it was unable in winning the game against bayern munich. Arteta needs to work even harder in order to keep the team has a chance to avoid being trophyless this season.
Because Arsenal is at away the reason you said the club has bad result with Bayern Munich? Do not forget that Bayern is not also a small club and it is in the second top position in Bundesliga this season. Did you watched the match? I think Arsenal tried. It is true that it is possible that Bayern may become stronger at home and the club might win Arsenal. But about EPL, as Arsenal has chance not to be the winner, but it also has the chance to win the EPL this season. I hope Arsenal will not disappoint again in this season.
Arsenal winning the epl this season is even more tougher than the last time they would become victorious because last time they had only Manchester City to cope with while this time around they have both Liverpool and Manchester City on their tail and I won't be surprised if they actually flipped again and lose out the trophy because they also have the champions league to battle it out.
Arsenal at this stage of the season is really under pressure now as compared to last season because even though Manchester city was their major title contenders last season but Arsenal was having some good gap before them but just look at the league table so tensed that even if Arsenal and Liverpool losses their matches, Manchester city will not lose and anything that makes Manchester city enter the top of the league again, Arsenal and Liverpool should just say goodbye to the trophy and now that Arsenal is under pressure of facing Bayern Munich and also maintaining a winning streak in the premier league makes it even more difficult for the gunners.
455  Other / Beginners & Help / Re: You will lose more if you DCA without knowledge on: April 11, 2024, 09:58:21 AM
You sound just like a total newbie that you are and am not sure if you did your research correctly but I am not here to condemn you as you still have a lot to learn in the forum looking at your current rank it is clear you have no much knowledge about Bitcoin investment but what I will tell you is that the DCA is actually the most preferred choice of a newbie because it is what will help you in the accumulating process no matter the price of Bitcoin at that material time, then you can seek comprehensive knowledge while DCA but saying that DCA is not good for a beginner makes you a bit lost but with time you will adapt and learn alot
456  Other / Off-topic / Re: Dream became real with actions on: April 11, 2024, 09:48:35 AM
Dreams to come to reality but it depends on how you build your mind towards positivity and what are the efforts you are putting in place to make sure that you are close to your destination even if you are not there yet, life is full of ups and downs but our decisions sometimes hunt our future that is why we should be careful of our choices now and live a plain life that will not be questionable. Be a person that others can count on at all times not to live some kind of wayward and dubious lifestyle because as the days are going by that is how you and getting old and making good preparations in life can help you project your dreams to a certain length in the future.
457  Bitcoin / Bitcoin Discussion / Re: Do we really need to blame fraudsters on: April 11, 2024, 08:30:58 AM
~
If more people realise that decentralized systems isn't like a banking or centralized system were you can go and report a transaction and they seize the persons money or track the person( although its possible if they are not smart enough) then you would be more careful when doing deals here.

Absolutely. Bitcoin transaction cannot be undone. I would like to draw attention to the virus that has caused a lot of losses recently. It infects you computer and does nothing except it waits until you make a transaction and it changes the address you just copied to another one. Please, guys, double check what you are pasting.

Hmmm, how is that even possible? Changing one's address during transaction operations, like this is weird though my antivirus is always updated to prevent any form of malwares from harming my computer. People can be so lazy and careless because so many people feels that an address is too long and since it involves combining figures and letters, they find it difficult to run a Cross check before performing an operation but this is just a lazy attitude because it takes someone that have lost a lot of money due to laziness and carelessness to know the importance of making sure an address you are sending your assets to is confirmed thoroughly.
458  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 11, 2024, 07:56:18 AM
Buying of Bitcoin now it is the best time that you can buy a Bitcoin and the invest it for long time because when we entered halving I think that the price of bitcoin will skyrocket in value, so let us know that Bitcoin does not have a particular time you can purchase it and the key for long time it is when you have the opportunity to invest in Bitcoin is when you will purchase it and the serve it for long-term investment or short-term investment depending the level of your capitals and how you want this duration of your investment to last so buying a bitcoin does not have a time Factor you can decide to buy anytime you feel like

If we consider the future of Bitcoin we will not even allowed any current price of Bitcoin now to determine the goal of our accumulation that's why I still wonder why most people always expect the Bitcoin price to fall to a particular level before they could start accumulating because to me I see every price level of Bitcoin as an opportunity to keep investing because I'm not looking at the present condition but instead I'm being propelled by what the future holds for it because let's take for instance in the next 10 to 13 years the price of Bitcoin rise to $500k or above would you still consider the current price level now before buying?, so actually this is how I see the potential of Bitcoin that's why I'm not always concern about the current price.

You should understand that every one have their own investment strategy and plan because we have investors that ventures into Bitcoin for different purposes of which some are just interested in making little profits while some are interested in making a lot of profits and those that needs little profits are the short term investors and they are mostly the ones that waits for a perfect dip before accumulating whereas the investors with higher profit goals are the long term hodlers that can be patient enough and consistent in buying at any given price so far as they are into long term hodling. Your assumption about the price of Bitcoin in 10-13 years is good but the question is how many people are willing to allow their investments reach that level? Very few right? Looking at the invention of Bitcoin till now how many accumulated till this time? Isn't it few ones as well, so just like what I said about every investor having different motives about their investments but bitcoiners needs to understand the need for long term hodling.
I don't know why you are saying that people can invest in short-term, when we are talking about how to invest in a way so that you don't end up regretting your actions and wasting your time. Most people that think Bitcoin is a scam are people who invested in short-term because of their short sightedness and they run at loss, because they thought that bitcoin is is get rich quick scheme. The reason why one must invest in a long period of time in bitcoin is because of the risk level due to its high volatile nature. The long term investment limits the risk, and become future back up.


Don't misquote me, I am trying to say that every one have a strategy of making investments so you can't stop someone who chooses to make investments for a short interval of time also it is for a long term investor despite the fact that we are adviced to invest on a long term. Do you know that majority of people investing in Bitcoin does that for a short term because they can't afford to be patient and wait for their investments to grow over the years and sometimes you can't really blame this people because most of them don't have a solid income generating source where they can use and sustain their livelihoods till their investments is matured enough.

459  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 11, 2024, 05:04:57 AM
Buying of Bitcoin now it is the best time that you can buy a Bitcoin and the invest it for long time because when we entered halving I think that the price of bitcoin will skyrocket in value, so let us know that Bitcoin does not have a particular time you can purchase it and the key for long time it is when you have the opportunity to invest in Bitcoin is when you will purchase it and the serve it for long-term investment or short-term investment depending the level of your capitals and how you want this duration of your investment to last so buying a bitcoin does not have a time Factor you can decide to buy anytime you feel like

If we consider the future of Bitcoin we will not even allowed any current price of Bitcoin now to determine the goal of our accumulation that's why I still wonder why most people always expect the Bitcoin price to fall to a particular level before they could start accumulating because to me I see every price level of Bitcoin as an opportunity to keep investing because I'm not looking at the present condition but instead I'm being propelled by what the future holds for it because let's take for instance in the next 10 to 13 years the price of Bitcoin rise to $500k or above would you still consider the current price level now before buying?, so actually this is how I see the potential of Bitcoin that's why I'm not always concern about the current price.

You should understand that every one have their own investment strategy and plan because we have investors that ventures into Bitcoin for different purposes of which some are just interested in making little profits while some are interested in making a lot of profits and those that needs little profits are the short term investors and they are mostly the ones that waits for a perfect dip before accumulating whereas the investors with higher profit goals are the long term hodlers that can be patient enough and consistent in buying at any given price so far as they are into long term hodling. Your assumption about the price of Bitcoin in 10-13 years is good but the question is how many people are willing to allow their investments reach that level? Very few right? Looking at the invention of Bitcoin till now how many accumulated till this time? Isn't it few ones as well, so just like what I said about every investor having different motives about their investments but bitcoiners needs to understand the need for long term hodling.

The future of Bitcoin is not known yet, we are basically dwelling on present analysis and referencing it to what may occur in the future so not every one can be that optimistic about what will happen in the future and every one cannot withstand making investments for long interval of time but we should try and be positive whenever we are making investments more especially about Bitcoin because from recent happenings in the crypto industry, it is evident that Bitcoin will have a long lasting future.
460  Economy / Economics / Re: Governments and their irrelevant projects just to steal public funds on: April 11, 2024, 04:37:10 AM
What would make a government to rebrand their traditional currencies just to edit some graphic designs with excessive amounts of money bills involved to execute such project that doe not mean to brings more values to the currency neither does it boost the economy level of the nation?



If not for corrupt practices, a government sometimes redesigns and restructures their currency if there is a perceived manipulation in the system but it is very bad that most government just bring up means to embezzle government funds all in the name of rebranding or redesigning the country's currency. A country's currency doesn't even need redesigning except in a serious case of compromise or suspicious attempts to manipulate the currency.
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