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61  Economy / Gambling discussion / Re: Be careful with people's money on: May 15, 2024, 10:46:05 AM
There have been many cases like that where people misuse other people's money for their own interests, for example gambling with the money in the hope that they can multiply the money and make themselves rich. Gambling using other people's money is a very stupid act, because gambling is uncertain when you win or lose, and you will most likely lose, so gambling using money you shouldn't gamble with is very risky and should be avoided.

Money mismanagement is the order of the day as some people misuse money in their possession and say it's not their fault,a and thinking you want to enrich of yourself with it,it's not gonna work.
A friend of mine came to me for help to borrow an amount of money and when I asked why that amounts is needed,the reply was a very long story that I later discovered a huge millions was lost in cause of having this selfish interest and till date the person is still in debt and trying to pay off gradually.

People should really learn from other's mistakes and experience so they won't fall as victims of such circumstances.
62  Economy / Gambling discussion / Re: Did gambling losses are traps to new game on: May 15, 2024, 07:56:09 AM
Losses aren't traps because anyone can know gambling will make them lose if they check and understand about house edge.

If people think losses are traps that make people to gamble more, it's either the gamblers are careless or stupid enough to not understand house edge. So, if you see a gambler that you think like an addict, you can ask him what's house edge and how do it's work.



Losses aren't traps because anyone can know gambling will make them lose if they check and understand about house edge.

If people think losses are traps that make people to gamble more, it's either the gamblers are careless or stupid enough to not understand house edge. So, if you see a gambler that you think like an addict, you can ask him what's house edge and how do it's work.


Yeah I don't think gambling losses are traps to gamblers,I rather see it as a way of letting you be discipline with your spendings and gamble with the the least of your income or finance, but then alot of gamblers ignore it and blame casinos for it.
It's simple understanding not to expect so much in gambling and your chances of generating losses are minimized.
63  Economy / Gambling discussion / Re: Where are you hyper focus, online casinos or physical casinos on: May 15, 2024, 07:23:55 AM
I don't think there is a topic created about this, so I'm creating one.

Physical casinos do not have clocks or windows on the gaming floor, and they offer free drinks like wine energy drinks, and food so the gamblers will be hyper focused this is why gamblers spend hours without even knowing they have already spent, while online casinos offer free spins, rakeback, and cashback so you can continue to play to level up to enjoy these perks.
OP I don't know if you were just exaggerating about the physical casino shops offering free beverages because here in my place there is absolutely no such services.
There is also hungry in town so I think if that be definitely the casinos would shutdown because hungry gamblers would always be ready to consume all that edibles. Lol


So between the two where are you more hyper-focused and how many hours do you spend on one compared to the other?
I am definitely going for online casinos because I can utilize those free bonuses and free spinning as privilege to keep me rolling with more chances to game.more. Luckily I could win with the free offers.

I don't care about the food and all that the physical casinos may offer. Infact, it even feels Irresponsible of me eating in a gambling hall full of people when I know it is not a restaurant. I will always have them when I get home so the online casinos offers is amiable to me.


You nailed it, sometimes visiting physical casinos and seeing people going out to buy food and ordering what to eat keeps me dumbfounded and think that they do so to feel comfortable gambling or placing bets but it's otherwise an irresponsible habits and I can't spend up to an hour gambling I just do what I have to and leave provided I know what I'm in for.
It's also applicable to online casinos I don't spend more time betting I just stay focus on my game sometimes.
64  Economy / Gambling discussion / Re: No gambling today due to bitcoin high transaction fee. on: May 15, 2024, 07:11:23 AM
This high fee is probably due to the 4th halving that was completed. I haven't seen this type of transaction fee this hight.

If you look at https://mempool.emzy.de/, the current transaction fee is  over $50 but in the past few hours it was over $100... So if you are a gambler who doesn't gamble that much like your range is only $10 to $100, it's impossible you will choose to gamble today with that very high fees.

This is only for gamblers who use bitcoin as the payment method, how is going today? Who among us here can still afford to gamble?

I had a check on that and I was surprised and it's due to the high peak that Bitcoin has merge but nevertheless if I want to gamble I can still afford it but it's a way high gambling with such amounts,then probably if you lose its all gone but it's an avenue to limits gambling and take break in the game.
And if this current transaction fees goes higher as the day go by alot of gamblers will be limited to gambling for a while and I'm sure it's going to to helpful to those addicted gamblers.
65  Economy / Gambling discussion / Re: Is this true or some superstitious believe about gambling? on: May 15, 2024, 04:55:25 AM
Although it may be true that there are some people who have a paradigm or view that there is a connection between gambling and the devil or other beliefs that are not visible to the naked eye. However, in my opinion, this is just an assumption, not a fact, because until now there is no strong enough evidence to support this opinion.

and it is important to consider the real fact that gambling is basically an activity that is based on one's own decisions, factors of luck, understanding, knowledge and skills. The reason why in gambling the house always wins is because of the mathematical rules that underlie it, not because of the intervention of Satan.

In overcoming this problem, I think the person you met on the bus had experienced quite a bitter experience in gambling, so he talked to others about the gambling he had experienced and thought that the bitter experience he had experienced was due to the intervention of Satan. But this all comes back to each individual, because everyone has the freedom to have their own views about gambling.

Most people that have loss to gambling back then can be unbelievable having such archaic mindset,have heard that a lot times usually when I was much younger we were told that there's a spirit that controls all of this and thus tend to favour the casinos with more earnings leaving the gambler addicted and a looser.
And sometimes when I was much younger I use to believe such and stay far away from it but as I grew up to know some certainty of life I had to believe yes they are really superstitious and some people can be so spiritual and making sure other members follow their words.
66  Economy / Gambling discussion / Re: When did you realize you need to be a responsible gambler so you can continue ? on: May 14, 2024, 08:01:17 PM
We all know that we cannot play for a long time without being responsible players; we could go crazy, or we could lose all our money; at some point, you have to realize that you need to play responsibly, so I created this poll and this discussion to pick your reasons and explain it.

In my case, I have to lose a lot of money to realize I have to gamble responsibly if I don't want to break my finances and experience depression, so now I control myself and monitor my expenses, and I'm doing good with it.
Regret always comes at the end, not at the beginning. So, the most common answer must be "when I lost a lot of money".
Most of gamblers are stubborn and have a high ego. Only personal experience can make someone become a responsible gambler.
My golden principle when gambling now is, "gamble with the money you can afford to lose, do not gamble with your life"



Concerning gambling every gambler should have it at the back of his or her mind that you are bound to loosing inorder to get something in return but if you're aim is to just enjoy the fun you get while gambling then you have nothing to loose.
So with this you need to know that something must kill a man and when you know that,you have to limits every thing that will promotes that which is learning to be responsible without expecting anything in return.
67  Economy / Gambling discussion / Re: Accessing gambling sites only on desktop as a means to prevent addiction on: May 14, 2024, 07:51:16 PM
OP, you're not a gambling addict and you're no addict whatsoever.
If things would be that easy the world would have cured far worse addictions by now, but in reality you can mount two 35mm auto cannons in front of a casino there there would still be addicts gambling their life to gamble.
The ones that would put this advice to good use are no addicts!



What point are you trying to prove, your just going back and forth without nailing on the right track but I'll like to let you know that regardless of the fact that desktop and mobile phone are in existence to ease the gambling process,you can still find a huge number of gamblers turning addicts every now and then and accessing only gambling sites on PC is not generally preventing them being addicted,but rather it gives more priveledge to gamble at liberty without stress.whereas what makes them become addicted is not necessarily gambling with the amounts they can afford to lose,

Some gamblers are just selfish and greedy on the fact of making money on the gambling world and they end up doubling their finances and doing a lot of stuff just to attain that and end up being addicts.thats it
68  Economy / Gambling discussion / Re: Losing all your fortune with just 3 years on: May 14, 2024, 07:35:11 PM
So sorry for the man. I wish something like this should never happen. But this is a lesson for people to know that gambling should be done with just little amount of money. Probably if the man is on a forum like this and reading from what we are posting on gambling discussion board, he might have learned some lessons from here instead of going through this hard time.


I feel so sorry for him and I presume most people are not aware of the huge effects gambling has on their total wellbeing and when you're not gambling with an amount you can afford to lose you end up falling a victim of such circumstances.
I wonder how he's gonna make it to regain such money again it might take him years to even gather up such an amounts again.sometimes to some people it seems like holding such money controls them to gamble more not thinking they might loose it in 1 Minutes.
69  Economy / Gambling discussion / Re: Chased loss, got it back and lost everything. on: May 14, 2024, 04:47:42 PM
This will not be good at all, when they chase losses and then want to chase on the pretext of being able to recover but BELIEVE that it will all be at a loss again the victory or chasing the loss is only a small % that will be obtained means in conclusion this is luck and this is rare.

A gambler must have experienced this including myself and now reminded again in this post to never chase any losses that have been lost, let it happen and you have to play as it is and have fun.

Now it is enough to apply where it will not pursue any losses, it can be said that it is kapok because basically we will not recover.


This is otherwise a food for thought to alot gamblers that tend to overlook this scenario and go about chasing after losses of no return.
And it's thus an eye opener for all who seem not to heed to any advice as pertaining Gambling and all that concerns it and in every aspects of chasing after ones loss will results in a total loss then there should be an amendment and change of strategies for a while.
70  Economy / Economics / Re: This Will make you rich on: May 14, 2024, 01:13:45 AM
First ask yourself who you want to be ?
Rich by wealth 90% 60%-80% ? Or 20% ?
What about the 1% ?
The wealth is info and knowledge what you know and others don't know.
You want to be that 1% ?
So you have to go against the 99% of the world so you get allmost like 99% of traders investors gamblers money.
If you want that go take your time and think what the 1% might be doing now ?
But there is same % of top winners and top losers both are the 1% so while doing some move what nobody don't know about you might lose all or win big.
Sure you can make good profit with btc or meme coins but that's not what the 1% will do now because too many people expecting and waiting the same thing.
Take now your time go learn the market think hard because If you could hit right you could make a lot profit.
Im busy to figure out what could be that 1% move the biggest jackpot.

There's actually more to do than all of these,you'll increase your income by increasing your value,develop skills and abilities that'll be profitable and convenient.Establish financial goals and innovate the necessary steps to achieve your goals.
Create multiple streams of income to enable your money work for you.Becoming wealthy starts by earning good,in other words,read and educate yourself more so you'll have greater chances of coming across good offers and opportunities in life.

Take responsibility of such an opportunity,consider an additional education and simply repeat that successful process for more....
71  Bitcoin / Bitcoin Discussion / Re: Resell from KYC on: May 14, 2024, 12:59:22 AM
What's actually the purpose for?

Do you want to buy Bitcoin without submitting KYC? just use no KYC P2P or DEX, no need to ask your friend to buy behalf from him.

On the other hand, I don't understand why your friend need to hand his coins to you because he has no way to access his coins anymore, what he can is ask or force you to move the coins.

When it comes to tax, your friend will not have tax obligations since he didn't sell his coins, capital gains tax occur after you exchange coins to other assets e.g. coins, fiat etc.

The reason is that he wants to return the money to me this way. But it's probably better if he returns cash to me, and I buy peer-to-peer for cash in the traditional way. Because I don't want him to incur tax obligations after I sell those sats in the future.

I don't know where you guys are from so I also don't know the jurisdiction in your country over cryptocurrency. The regulations about crypto in your country might not be the same as the ones in mine but to be safe I suggest that you guys don't complicate things and just let him give you the cash. But if he doesn't mind all the tax then just let him send it to you.

Since the obligations and regulations of the countries differs,is it also advisable to partake in the investment process and make financial recommendations as well.
Does he really need to comply to the standards,rules and regulations.Maybe its necessary just so they can monitor suspicious and illegal activities.
72  Bitcoin / Bitcoin Discussion / Re: Fixed supply doesn't matter (change my mind) on: May 14, 2024, 12:47:10 AM
Fact is bitcoin price is greatly different from it supply limits, and you shouldn't make such presumption calculation that bitcoin price equal it real value when bitcoin can move both sides in price, bitcoin fixed supply means that no more than 21 million bitcoina will ever be in cyculatuon unlike fiat where government print money multiple times in a year without regards to the currency value.
Does it necessarily mean that bitcoin works separately from it's supply.Bitcoin's price changes because of its supply, the market's demand,media and news,and regulatory changes.
Bitcoin is neither issued nor regulated by a central government and,therefore,is not subject to governmental monetary policies unlike fait systems.
However,the supply of something(assets) helps with initializing and determining the price.
73  Bitcoin / Bitcoin Discussion / Re: Share your top mistakes in crypto - learning from others experiences! on: May 14, 2024, 12:36:01 AM
...You are telling me you never regretted at least one small thing all throughout your crypto journey?

Nope. I read a lot before investing and go after the source of information then check again if it's not a lie.

I don't follow other people, I don't get "influenced" by other people and I don't buy into promises of future development and use cases.

I also know how to handle critical stuff safely, encrypting everything and using cold wallets on dedicated machine.

This are basic 101 stuff but seems it overwhelms a lot of people due to greed and buying into the "next big thing" etc.
 
I don't think  that we don't have mistakes in our journey in crypto and i think that  the common mistakes of every investors is greediness cause once it takes our emotions and we lost out of control then we sell our coins even though the price is too low. but without knowing that there's a perfect timing that we can have a good profit in the long term of our investment, so the main point here is we need to be careful and we don't need to be greedy cause there's a perfect timing for everything.
[/quote

I haven't really been In a position that I'll have to disorganize my decisions concerning my bitcoin before,bit whichever way,I hope not to fall a victim or prey as a result of greed,dissatisfaction and ignorance precisely.
Generally,it's normal to make mistakes,and its also abnormal at the same time to fail to recognize that not all shitcoins is also a coin...so many  so-called investment you think are inversely shit investment.
You'll get the comparison between bitcoin and a shitcoin before you'll consider what your intentions are for.
74  Bitcoin / Bitcoin Discussion / Re: Bitcoin Will always Survive on: May 14, 2024, 12:24:02 AM
Keeping the technical aspects aside in layman's terms I would say it has survived for over a decade and faced all sort of challenges from being threatened to be banned to being called scam and being targeted as a medium of terror funding but it has survived of of these accusations and sabotage that's itself is enough for us to understand Bitcoin is not a bubble or weak asset and it would continue to sustain.

Bitcoin is King,people can never get satisfied or better still end the critics about bitcoin and I'm so happy to inform y'all that bit coin is not prone to individual critics,misconceptions and humans skepticism.
Bitcoin has the ability to sustain its reputation and value all by itself.And no matter what happens,People fail to realize that they'll find it very difficult to filter the best roles or function that bitcoin has for all to themselves;bitcoin is not been biased to users in anyway,people who fail to realize this and apply the instant change....its a choice,it's vividly up to them.
75  Economy / Economics / Re: Personal Financial Goals vs Government expectations! on: May 14, 2024, 12:07:04 AM
Yes, of course I have thought about it. My goal is not necessarily financial independence but a high level of financial peace of mind, which I have already achieved to a large extent. That is partly achieved by saving and what governments prefer in these casino economies is that you spend. Spend a lot and get into debt, so that you spend your whole life in what is called the rat race.

What an unfair classification towards humans.To live comfortably,there are certain procedures to watch out for,there are all kinds of financial goal that someone has to set for themselves,also,feeling financially secure and comfortable,and being able to financially help a friend or family member is one of the best feelings to a large extent.

Get financially educated,be available with knowledge and financial intellect,develop long lasting financial skills that'll better your financial future against all odds.Pay attention to every signal whether good or bad that you'll encounter,tolerance,risks managemente.t.c,and take take the bold action to achieve your goals.
76  Economy / Economics / Re: Economic conflicts because nobody don't want to live with less USA vs brics on: May 13, 2024, 11:46:28 PM
What a weird post!

I just want to remind you that whatever happens to United States and its economy is the result of domestic politics of the corrupt politicians who brought the country to this place. Wasting tens of trillions of dollars on wars and increasing the national debt to $35 trillion is just the tip of the iceberg.

The rest of the stuff you said is too weird to reply to Smiley


Look i don't take sides i just want my life good and relaxed and having my nice holdays drinks and fun but i know If world regime and power start to change from usa it will be not nice process and it will affect all of us the thing is my life is allready good I don't need to change anything.
And i don't know and i don't care really whos corrupted and who's not all i want is that no changes Because changes Will make things grazy i have allready resources and good life Im not interested about changes.
So Im sure that many people here doing good and not interested changes this way everybody want to live relaxed look at europe also Im sure they want to be in between china USA when things not well.
Easy way will be for china just forget about brics.

Your life might be okay and you are living a good life. But other people in some countries are suffering because of the actions of these world powers. Some nations are under severe sanctions which have made life terrible in such a country. Other nation's resources are been directly and indirectly stolen while the producers are dying of poverty. Some countries are going through wars and internal conflicts orchestrated by some of these nations to enable them to sell arms and steal resources. I am also living a peaceful life in my country but the suffering in Gaza, Libya, Syria and Ukraine breaks my heart. I know that the consequences of fighting the status quo are costly, but the truth remains that the world needs change.     

Yess,the world needs a Change and that change cannot be favorable for all and sundry.The world takers wake up each and every day to implement and make new innovation which in the same vein doesn't correspond to the livelihood and survival of some individuals.Some of these government regulations can only protect and have effects on only few citizens.

No matter what happens,All citizens have equal rights before the law,and we still have to obey governmental rules and regulations but not to the detriment of yourself largely.How the BRICS take decisions and actions towards finding another path can still be challenging for us.
77  Economy / Economics / Re: Government always hides productive truths from the masses on: May 13, 2024, 08:23:16 PM
Even today,there're still truth,information that still remains unknown to us as citizens and individuals.One of the biggest mistakes to make in life is to depend wholly and lay so much trust on the government.
I think its okay for the government to be transparent with the public,and at the same time act otherwise.

So many governments around the world have considered bitcoin as a currency that'll disrupt economic and financial activities of the government,and that's why there's why there's the clash.
To me I think bicoin and cryptocurrencies will continue to be viewed with distrust by governmental authorities until the governments can more effectively monitor and control them.
78  Economy / Economics / Re: cryptocurrency market changes in April on: May 13, 2024, 07:54:14 PM
The crypto market is volatile, and everyone is aware of that. So a 10% change over a month is nothing major or worth of a serious analysis or discussion. Bitcoin is still very close to the ATH point and well above its usual price range, so I think these are just minor corrections that don't set the trend. It's impossible to say whether the price will go up or down from here because not enough time has passed. If we zoom out the chart to see Bitcoin over the last year, we're still at the top, which kind of looks like a bull market situation to me.


The truth is that crypto gained investors from all over,investors flocked bitcoin from diverse means,and that made or caused a significant activity for bitcoin community.
The bitcoin halving was largely priced and expected leading to spectacular market dynamics,and for everyone involved in crypto.Understanding how this bitcoin halving works is an important Masterpiece for every bitcoin user and crypto community.it will require continuous engagements,observations,preparations and actions that'll present activeness and successful validation.
79  Bitcoin / Bitcoin Discussion / Re: Bitcoin negatives on: May 13, 2024, 07:29:47 PM

Fiat can buy all the miners and coins, Central bankers still win.
Don't be fooled by the YouTube people because most of them saying all these craps and against bitcoin and this isn't something new. It is left for you to believe or not and come up with something from your head instead of saying what you heard from other persons. Bitcoin has advantage than its disadvantage which has made it the best assest to invest on due to its volatile nature. And you told you that government can buy all the bitcoin when they don't even know how many people have bitcoin in their wallets. Mind you not everyone will sell to the government because bitcoin is better than their fucking fiat currency that depreciates. I will rather keep my bitcoin than exchange it for fiat. How will the government buy the bitcoin that would be mined in 120 years by then the government that planned such would have died,so this can't be possible.

It too sad to read stuffs like that,honestly,people can never be satisfied with whatever life offers them,whether good or bad.But despite the opportunities and responsibilities,It's typically outrageous remarks that they'll mostly consider.

Its no doubt that bitcoin has its drawbacks and disadvantages attached to it,bitcoin is digital currencies that is offering individuals and businesses another choice to save,invest and use money.Unlike fiat money transactions prone to cyber-attacks and fraudulent activities, Bitcoins are encrypted and immune to seizure.

Its unacceptable for people to continue to operate in that kind of immature experience,understanding and insecurities.There's always a difference between them to comprehend.
80  Economy / Economics / Re: If you want to be wealthy you need action on: May 13, 2024, 07:05:13 PM
Yes, maybe you are right that action and learning from mistakes is the path to success, and that is the nature of most successful people. Because I once read that successful or wealthy people are stupid people who always make mistakes but they are persistent in getting up. That will increase your chances of getting lucky. And to become wealthy also requires luck, because luck is the main factor in becoming successful and wealthy. What happens most often is that those who make money initially get their money from someone else, through inheritance which increases their chances, but this is always a matter of luck. Don't believe the myth of entrepreneurs who are friendly, kind, talented, and thrive on their own efforts.

Those at the top get there not because they are great, but because they often had some luck when starting out, for example being born male, white, and wealthy. Because they had many lucky moments on their way to the top. So the formula for being successful is Hard Work x Unfair Advantage. But hard work remains an important factor in achieving success. Because if there is no hard work, then what is there to increase the chances of success? There are also many people who are lucky but don't make good use of the opportunities they have and end up with nothing. So everything is needed to become wealthy.

Most of the times,building wealth requires a very long time,so much efforts,and lots of self discipline,and there are several rules that guide or govern such choice of decision in the beginning.
You'll start by harnessing your thoughts,intentions,and initializing your actions all together to attract wealth.

At least,for some people who are not born into wealth,they're told to never spend more than what you earn,and that's a financial responsibility that every individual should possess irrespective of your earnings.It is important for every individual to consciously choose the right tools towards attaining and building wealth.
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