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481  Economy / Gambling discussion / Re: Use your winning responsibly on: January 07, 2024, 02:21:30 PM
It's rare to see people who can control themselves i gambling. Am very happy for you OP. You remind me of when i had just $15 in my account and i wanted to pay my tuition fees so badly but don't know where to get the money so i have to use that last money on me to gamble. Luckily i won about $450 in which i immediately used to pay my fees. However, i had the urge of doubling the money after i won. It was difficult to hold myself. I know there is always this spirit that tells you that you can double it immediately. Good thing we never listened to that spirit if not who knows if we would have lost in the bet. There might be a probability that we may lose or win the money.

482  Economy / Gambling discussion / Re: Your gambling life could affect your relatives lifes. on: January 07, 2024, 02:13:34 PM
That wouldn't have happened if those people could control themselves well. But the reality is that they then gamble excessively and even borrow money to gamble, which will give them regret, but only for a moment. And if they don't regret it, it has gone too far because they don't care about what has happened to them. This is embarrassing for the family because they have family members who gamble excessively, and they have to solve the problem immediately immediately. What other family members have done is right because even though they are forced to do it, it is for the sake of family members who like to gamble so that they can realize that what they do in gambling has exceeded their limits. That happens if someone gambles beyond their limits and the ones who will bear everything are other family members, while the gambler may not feel anything.
Without good control it will indeed make someone play beyond the limits and it will never be good in the end if it continues, therefore never let our family members borrow money from other people or give loans to our family members, because we will definitely get involved in it, don't let him get addicted to gambling because to keep him from losing too much and also it can help stop his addiction, sometimes people who gamble will stop slowly if they no longer have money.

The most helpful thing is that as family or friends, it's best not to let family members borrow money from us and never lend money to family members because it could make their addiction worse. It's best to stop them in a harsh way even though it won't get a good response from them. remain firm, everything is done to keep our family members safe from gambling addiction. because gambling addiction is difficult to cure
Restrictions should be given to a gambler by his family so whenever he starts going extra miles just for the sake of gambling. Sometimes it is the cause of the relatives that made an addicted gambler to feel he can take loans and secure huge debt without considering how the money would be paid back. He knows very well that if he did not have the money to pay back his family members would contribute and pay the debt.

The best way to harness this problem is to let the gambler to go through the situation alone. If he dont have the money tto pay back they should take everything he owns that is equal to the amount he borrowed. Instead of disturbing the relative who is not aware the he went to take a loan for agambling.
483  Economy / Speculation / Re: Buy the DIP, and HODL! on: January 07, 2024, 09:55:06 AM
Of course sir, in the first few years I continued to learn about bitcoin and continued to deepen my knowledge and many other things. What I mean by a few years does not mean that in 1 or 2 years we will be able to gain results from our investment, in my view investment requires analysis and patience, Not only in Bitcoin but other investments such as shares and others.
There are many types of investment, but when talking about cryptocurrency investment, of course the best one here is investing in Bitcoin because it has been proven over the years.
At least you should have given him more valid reasons that made cryptocurrency investment more preferable for investors that other investment opportunities. Not only cryptocurrency investment has been proving over the years. Real estate, Gold and the stock market has well done well for investors over the years.

However,  i believe one general reason why investor prefer cryptocurrency to other form if investment is because of its decentralization. They feel safer putting their money where no third party has control over their assets. Since no government authorities and private companies can control the price of their asset.

And you mentioned that Bitcoin is more of an investor choice, which i totally agree with you. Alternative currencies are not to be trusted since they can end ay anytime by rule changes, founders or developers. Big investors would tell you that they can't invest in cryptocurrency that has a leader foundation becomes whenever they decided to quit the project they will. Bitcoin is Soley relying on itself. Also, many investors look for where they can store value this is why Bitcoin is the first choice.
484  Bitcoin / Wallet software / Re: Aqua wallet - Bitcoin, Lightning, Liquid on: January 07, 2024, 01:05:01 AM
~
You gave us a summary what we should expect when we download the new Aqua wallet. But you forgot one thing. How have they increased security in the Aqua wallet app. I see that the main focus of the team is to improve the speed of transaction and ease the process of using mobile wallet. However, its essential we to place security as priority. Since the App is on testing i would a little amount and see how it works tomorrow.

Isn't aqua wallet an old blockstream wallet?

There is a 2020 topic here.
So Blockstream just recently released their new Aqua Wallet, that apparently supports Bitcoin and "all assets issued on the Liquid Network". And apparently, you can buy bitcoin through the Aqua app(through Apple pay) with no KYC required. Quite intriguing, so I downloaded the app with plans of testing this specific functionality.
Absolutely. This is what i have been thinking. It seems they rebranded from Blockstream and changed a few of the UI, Colors and functionality. Of which they introduced some new features in the App. This is because I noticed they use the same codebase. In conclusion it's just a product under the Blockstream company that was excluded to be a product on its own.

Oh i see its closed source  Shocked

Just checked on x now and saw this reply



485  Economy / Trading Discussion / Re: Are you ready for crypto investing in 2024? on: January 06, 2024, 12:43:50 PM
2023 we experienced less volatile in trading Bitcoin during the 2nd quarter especially. Of which it affected some traders. because most traders rely on the volatility of Bitcoin to execute trades. But at the end of the year, there was a bullish movement in the price of Bitcoin and so many traders began to make good profit consistently.

The Christmas holiday and new year brought about some good tiding to traders and investors. I am beneficial of it. However, for now i will prefer holding what i have in my portfolio instead of day trading for some little profit. We are expecting so many news that will bring about a progress in the market so a, curiously waiting to hear.


2024 is another year of uncertainty in the crypto market.
You're the first person i read his comment on this thread that is believe that the market is uncertain. Others tend to be certain of what will be the price of Bitcoin this year and 2025. The cryptocurrency is filled with uncertainty. If i know what the price of Bitcoin would be tomorrow, next month or next. Unfailingly I will buy enough of it and even go as far as taking loan because i know i would soon be rich.

But if we are determined on our investments and we are focused on how to make it work and profits, I think we can always lessen the uncertainty in the market.
It is consistency. It is the key to a successful investment. This is what affect most bitcoin traders and investors especially those who are new to it. For old traders and investors, it becomes easy to maintain consistency because they have found a good strategy that works for them, so they stick to it until the market changes then they look for another strategy or shift a little in their current strategy. While for newbies, it is difficult to find a strategy that works for them. It will take them some time to get used to the pattern. During this period, they may lack consistency, and this would certainly affect their trade or investment.
486  Economy / Economics / Re: Sometimes tips the securities at the mall or local shops on: January 06, 2024, 10:14:20 AM
I don't have any issue with anyone tipping others for services rendered. If you're satisfied with their services, tip them. However if you aren't satisfied with them, don't tip anyone. I tip waiters/waitresses when I perceive they could do with the extra penny, especially if they gave me superb services. Other than that, I keep my change or I completely avoid returning to that joint next time.
i always consider tipping to be essential to respect other people because we can appreciate their good services and treatment that way.
Respect is reciprocal. Before anyone can tip a security or anyone worker in a mall it is because of they have respect for customers who comes in the mall. And perhaps the customers have seen the honesty of that particular worker which made him feel like the best way to appreciate them for thier genuine services is to tip them.

You can attest to it that services differs and each customer can rate a particular services differently. So to the extent they rate it that is how they may feel like to tip.
In my country it is not a customary to tip everywhere. It is common to leave tips in restaurants where waitresses bring menus and orders. But when you are in a restaurant and order from a menu written in the wall, but waitress bring you your food, we dont tip them, as we already have paid at cash desk.

For a country where tipping isnt a tradition, I find it difficult to tell when it is ok to tip or when it is not. Waitress (employee) gives you menu, bring your food - you tip him/her. Your order at McDonalds, employee brings you plate with order - we dont tip him/her.

Tipping a security at the mall. What for? He is doing his job firstly. Secondly, security guy wont understand the reason for a tip. He would have though that I want to bribe him and do later something illegal, like stealing.
I can bet that there are persons that tip workers in your country and you are not aware of that. You cant tell me in your entire country that there are no generous persons. Buddy, tipping is not a criteria it is out of love, respect and human sympathy. When you see someone tipping a worker then there must be a reason. If you have never tried it then you should and know how it feels.


487  Other / Beginners & Help / Re: Why KYC is extremely dangerous – and useless on: January 06, 2024, 08:50:31 AM
I want to tell you that AI is now doing the opposite of what we think.
On security wise i would agree with you have said but based on functionality i will disagree with you on what you have said. AI has been improving in various aspects of life rapidly of which the main reason Ai was introduced is being fulfilled. Of, course i believe you know that AI was introduced to support humans in whatever activities we want to do. It makes it easier and faster for Humans to achieve something when they use AI.

Now the question is who programmed AI? Yes, it is we Humans. So definitely it will follow the prompt, instructions and command we give to it unless it is out of its reach or range. What am saying in essence is that AI is literally doing what it is made to do, but the programmer, user of the AI is who command the AI to the opposite. A tool is being used properly but when it falls into the wrong hand it will be used for bad things.

Let us talk about the cybercrimes, hacks and other crazy things people use AI for. It was not basically designed to do those things. It’s always different though, when each one of us get to use the AI. We all have different intentions of which some are good, and some are bad. So we chose what we want to use the AI for, and when we chose to use it for the wrong purpose it's just like power falling into the wrong hands.

I don't want to believe that criminals can pass KYC requirement with stolen identity, if you believe that this is possible please share how they can maybe I can learn from you, any KYC requirement that's not live on camera it is not a strong one, and yes criminals and hackers can use stolen identiies to pass KYC on such platforms. .

You shouldn't doubt it, criminals have taken their scheme to a new level. They've a way of exploiting virtual cameras to bypass KYC and one of such ways is the use of AI assisted tool known as deepfake, which was touched upon in the article. However, If you want to know more you can read the article below and watch the Youtube video.

This is a typical example of what am saying. I heard this news one certain time last year. Perhaps the AI should be down by now. Also heard about the Bitcoin flashing AI for Coinbase and Trust wallet. Infeed these criminals are going extremely mile to suck the wealth out of every careless individual online and they adopt to every new technology of which AI is not an exemption.
488  Economy / Gambling discussion / Re: The most logical and profitable game on: January 06, 2024, 08:15:49 AM
I think logically the easiest game to win is sportsbooks. Why I chose sportsbooks is because there are calculations that can be done and if you are following their previous games, you would know their recent performance and know what to add in your gambling portfolio. The rest of the games you mentioned are games that rely basically on luck. Even when some statistics are taken into consideration. The win probability is Soley on luck and only few times that the luck does come true.
489  Economy / Gambling discussion / Re: Will you gamble on Bitcoin ETF approval results? on: January 05, 2024, 05:22:59 PM
This is one strategy to push the approval of the bitcoin ETF to become a success. Actually, if the betting platform i am using to bet online add it to their betting option then yes i will bet on.

And if i am betting. I would choose the option "No". Because i dont see the approval of the Bitcoin ETF to happen anytime soon. If it were to happen then there are dome news that would have disseminated from last month up to this month.
490  Economy / Speculation / Re: will the btc price reach 100k ? on: January 05, 2024, 05:15:16 PM
A person can be so lucky at predicting the price of Bitcoin. However, when predicting it he/she is not certain of the price but have made some statistical calculation that the price will go to an actual number. Although when predicting the market, one need to be cautious while taking any action. Like investment wise.

Paying attention to the market structure and investing what we can afford to lose. If not will affect us economically. In as much as Bitcoin is a good asset for investment there are certain risks involved and need attention to avoid losses.
491  Local / Nigeria (Naija) / Re: NAIJA BOARD 2023 ART CONTEST 24th DEC --- 31st on: January 05, 2024, 12:28:44 PM
Sorry for the late announcement. There were lots of nice artworks  here in this contest and some judges didn't  give their scores on time.
The winners are;
  • 1st; Stable090
  • 2nd; Amphenomenon
  • 3rd ; uchegod-21
Thanks for conducting this event @Mia Chloe. I recognize your effort and commitment to the upliftment of the local board.

And congratulations to the winners of the Art context. As promised, i will be allocating the two merits to @stable090 after this post for winning the context.

However, next time i its better if you were the judges, this is because i do not see any input of the judges unless it was done privately of which i think everything was to be transparent for everyone to see. My suggestion is that if you want to organize something like this next time. You can make your personal judgement. I know what you try to do here but it didn't work out as planned. That should be enough reasons to take your own personal decisions.

@dailyscrip this thread is not for argument. I think you were not selected as one of the judges. So back off let the selected personal handle what they where selected for. I think this was the main reason mia Chloe locked the thread.
@Pi-network314159 you should pay attention to details before you respond to someone. There was no argument between @Charlse Tim and @Dailyscript. Don't cause havoc or chaos with your speech. And i will tell you that response for personal favors will not take you far. Be responsible and respect other's opinion in things. @Dailyscript was only highlighting what was neglected during a conversation and it was for the greater good.
492  Economy / Speculation / Re: High transaction fees affects buyers and seller in payment in bitcoin on: January 05, 2024, 12:08:24 PM
For those who are into business that make use of bitcoin, how do you harness this situation of high transaction fess to not affect your business and customers? So that others will learn from your tips.
I've seen and read several outside sources related to Bitcoin fees lately, many of them are complaining about Bitcoin fees, For this reason, many businesses that implement Bitcoin payment features are currently switching to the USDT payment method, there is no other way than for users/customers who make Bitcoin payments to have to switch to USDT at this time, waiting for Bitcoin transaction fees to stabilize.
Yes, moving to another cryptocurrency payment option is not a bad business idea. Since transaction should not seem to occur. There must be a means for making payment if the hike of bitcoin fees does not seem to subside. USDT, ETH and TRX have been a common alternative in making payment for business that accept cryptocurrencies. Although Bitcoin have been the most trustworthy and one people believe in. Why they use the alternative they still keep their eyes on Bitcoin to know when the fees will go down, so that they can go back to using it.

For those who are into business that make use of bitcoin, how do you harness this situation of high transaction fess to not affect your business and customers? So that others will learn from your tips.
However, there is also quite a bit of speculation that suggests Bitcoin fees will take a long time to return to their previous stability,
Indeed, it was a speculation because currently fees are a bit normal now. And confirmations do not take long anymore. This made me to conclude it was because of the festive and celebration period that made the fees high. Now it is over Bitcoin transactions fees are returning to normal. Am glad i didn't take a long time so we can now send and receive payment without time delay.s

For those who are into business that make use of bitcoin, how do you harness this situation of high transaction fess to not affect your business and customers? So that others will learn from your tips.
perhaps this is one of the challenges to Bitcoin with high transaction fees, just hope that in the future everything can return to normal, if not maybe many businesses will switch to other types of crypto payments.
Don't make it sound like it is a characteristic of the Bitcoin network. High transaction fess happens occasionally and unexpected but not regularly thing. Yes, it has affected businesses and cryptocurrency projects but now we have seen the end of it. I pray it doesn't come up again. Although we cannot predict if it will occur again or not. If it does, am glad we have alternatives and so businesses have a solution.

~
I'm going to scan the rest of this thread to see if there's a solid answer to that, as I've been wondering about the cause ever since the first time I saw the network super-congested with fees sky-high.  I've always chalked it up to high volume during times of price volatility, like during bull markets with severe dips and such.  Usually fees don't jump to the roof when the price falls (though I could be mistaken on that), so I'm puzzled.

But either way I'm so fakkin' tired of this shit.  You can't send $25 worth of bitcoin without paying nearly half of that in network fees in order to get your transaction confirmed in a reasonable amount of time.  It's crazy.
Buddy, i hope you have seen a response that have given a well constructive and structured answer to what you want to find out in this thread. ?

Transaction fees are normal now, and lots of speculations here said it was because of the Christmas and New Year season that has caused the hike, However, i dont totally believe them but they have a valid point. So from your own observations what do you think was the cause?
493  Other / Beginners & Help / Re: Newbies are not Scums.... Learning is a Process and it's progressive. on: January 05, 2024, 09:20:39 AM
OP if you accuse people of something then you should show some evidence to back up what you have said. Throughout my stay on the forum i have not seen where they accuse any newbies as scums. All i have witnessed is that newbies are being humiliated with some strong words to motivate them to learn. Definitely newbies do make so many mistakes and sometimes don't know much about the forum which make them to violate some certain rules. So, i dint see it as something bad to scold a newbie whenever he does something wrong, because that is why he is a newbie. They no less and have to the taught even if it is the hard way.
494  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: January 04, 2024, 09:55:47 PM
last season this are the big club that perform poorly so I hope they will improve this season.
1: Chelsea
2: Man united
3: Liverpool

Their performance last season was poor even though man united ranked third in the last premier league table. Here are the remain 2 club ranked in the premier league table last season.

Chelsea ranked 12 last premier league seasons, so I hope they will perform well this season.

Liverpool ranked around 5th at the premier league table last season, and they are performing well this season, being on top of the table.
495  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: January 04, 2024, 06:27:57 PM
Well, even though Arsenal have had some bad results recently, that doesn't mean that Arsenal have lost the title race this season. Because there is still a lot of time left. There are still at least 18 matches this season that Mikel Arteta and his troops, namely the Arsenal squad, must really take advantage of this season to reach the top of the standings. Currently Arsenal has the same number of points as Manchester City but has a 5 point difference with Liverpool who are at the top of the standings. Well this won't be easy for Arsenal. But they still have a chance.

Unlike last season, Arsenal doesn't have only Manchester City to fight for the league, they also have Liverpool and Aston Villa.
Aston Villa might be the least strongest of them all, but they have shown this season that it has what it takes to be among the title contenders.
Manchester City is ahead of Arsenal in 3rd position, 2 points behind Aston Villa, and 5 points behind Liverpool. Manchester City has a game in hand and a win in that game would take them to second position, just 2 points behind Liverpool while Liverpool would lose their highest goal scorer to his national team for the AFCON competition. While Manchester City trio of De Bruyne, Doku and Halland would be available.
Indeed, the competition is very much this period and Arsenal are facing some difficulties in scoring their opponent and if they do not find a solution to it. It will affect them in the upcoming games they have with Liverpool, Crystal palace and other teams this month. One of their player's named Saka has tried a lot and it's not performing pretty well as a winger their other options on the bench. Nelson should be giving an opportunity to show what he can get. Because it now seems that they are now the weak point of Arsenal and if a team uses that against them, they will win Arsenal. This is why other players with a different pattern should be allowed to play so that they can't predict their next move while playing in any game.
496  Local / Nigeria (Naija) / Re: Their is nothing too special about the future, INVEST NOW. on: January 03, 2024, 10:55:56 PM
Procrastination has been a hindrance to so many persons and i won't say i am exempted because sometimes i see things i am supposed to do and neglect them. Am glad you have awakened the high spirit within me. This year i have chosen a theme that will guide me through the year and that theme relates with me not having any excuses to all i have planned to do this year. I am executing all my plans, from accumulating bitcoin and implementing strategic decision on my business and investment.

Obviously, the mind is willing, but the flesh is weak. This has reminded the mind that we have set goals, and we should not forget about them or be distracted chasing other goals that won't tally with the vision we have in mind.

Thank you Hewlet for this wonderful piece that has reawaken the body, soul and spirit.
497  Other / Meta / Re: [LOG] The ranked up members - Congratulations! on: January 02, 2024, 10:45:41 PM

BABY SHOES has more than 250 merits so it meets the requirements to be promoted to Sr Member Rank. But don't have enough activity yet. I predict BABY SHOES will be promoted to Sr Member in about 10 weeks. I am amazed by great people who succeed in having more merit than their activities.  Smiley
It's Crazy seeing this and  trying to compare  Grin, thing's just weird
Not that weird bro. It is a sign that the person is actively contributing to the forum and members reward him/her for that. I have seen various persons having more merits than their activities. Funny how the merits are right for moving to the next rank, but activity would always keep them behind.

It is very relatable because when i was a member in the forum i had the merit for full member and more but i have to wait for 8 weeks to be a full member. Currently there is a user @Nwaada001 who senior member is and having excess merit to be a hero member in the forum.

498  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: January 02, 2024, 09:47:56 PM
Sometimes football can be very funny. Look at how difficult it is for Westham to score against Brighton and Vice Versa. If it were a bigger team like Arsenal, Manchester City and Liverpool. They would have had the chance to score while competing for the three points.

I have come to a conclusion that the teams that would want to stop the first three teams on the table to not win the EPL title or would make them drop points are teams that are not that tough. They seem tough when they play the bigger teams, but whenever they play against their equal, they are unable to win each other.

499  Economy / Economics / Re: Sometimes tips the securities at the mall or local shops on: January 02, 2024, 08:13:09 PM
In my observation, as many place I have gone to me don't see people tipping a security man, the only time I see people tipping a security.
man is when the security man is a friend to that person, brother or course mate. However, tipping a security man is not a bad idea. It is out of human sympathy and not a criterion. And also, security should not expect much from customers, because they are doing their job, and they are being paid for it. If the work does not provide enough money for them, then they should leave it and find a better paying job and don't expect everyone that comes to the mall or shop to tip them.
500  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: January 02, 2024, 07:35:36 PM
~Snip
Newcastle had qualified for the Champions League the previous season. So they had ample opportunity to strengthen the squad by adding star players to their squad. Because star players will not only come to Newcastle to play in the Premier League, they will definitely want to perform in the Champions League. It is more honorable. But the Newcastle management did not try to bring any star players into the team. And their performance this season has been poor. Qualifying for the Champions League is almost impossible for them now. Now I don't think coach Eddie Howe will be able to add any first class star players to his squad.
Why not, do you agree that Newcastle has good potential to become one of the teams capable of competing in the Premier League in the future?

Yes, because they are capable of competing at the premier league. This is my reasons;

1. They have good and worthy players to compete with other players in their own club for example Alexandra lsak, Joelinton, and Almiron etc.

2. They are a worthy opponent to other clubs because of their good and quality players, so they have the potentials of competing at the premier league stage.

3. They are rich, they can afford the money to buy better and quality players to add to the rest to compete at the premier league stage. some these are some facts that will show you that Newcastle is able to compete at the premier league stage. 


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